One of the things that’s good for business owners is having a strategy that will help them grow their business. Whether you subscribe to using a S.W.O.T. or Deming cycle method or any other method, it is important that you have a strategy plan.
Having a strategy plan is like having a map regarding the direction that you need to take your business in. Strategy plan can help a business owner develop a strong foundation on which a business can be built on and grow. If you don’t have a strategy plan in place, then one of the first things that …read more

Developing a business strategy and then launching it can sometime be overwhelming but if you have the right tools, focus and fortitude then the launch of your business strategy can be successful. As a business owner, having a business strategy in place is very important to your online and offline efforts to grow your business
Some of the essential parts to a successful launch of a business strategy are:

Create a solid foundation with a vision statement. This will help you keep in mind the goals and objectives for your business.
Build on your foundation with a mission statement and a list of …read more

As leaders know, being the go-to person can sometimes put a strain on your personal life due to emergencies that could come up on projects or at work. How a leader handles this type of pressure can affect the success factor of their leadership.
To help leaders deal with pressure and stress that can occur in their lives, I thought it would be a good idea to share a few “pressure relievers” that I have found helpful. See the starter list below:

Always remember that there are only 7 days in a week, 24 hours in a day, 60 minutes in an …read more

An internet business strategy is basically a plan in how you want to manage your online presence for your business. There are many components to the strategy where some are easy, some are tedious, and some are hard to implement. Regardless about the level of complexity, it is important for business owners to develop an internet business strategy.
So you may be asking, what are some of the key components of an internet business strategy? And here’s your answer… It’s the PITTS, which is short for:

Planning: spend time research and preparing tasks for what you need to do to develop a …read more

By Guest Blogger Adam Bullied
This is the final segment in a three-part series about Basic Strategy. Read Part I and Part II.
Short Case Study 1: General Electric
OK, bad to start off with a big monolithic company when I’ve spent the entire post talking about keeping things simple and lightweight, right? Well, possibly. But in reality, this is one of the best examples ever of corporate strategy put in to action and achieving the intended results.
When Jack Welch took over GE in 1981, GE was, by all accounts and measures, and insanely successful organization. But he saw room for vast improvement …read more

By Guest Blogger Adam Bullied
This is the second segment in a three-part series about Basic Strategy. Read Part I.
Determine Your Objectives
Before diving head first in to constructing a strategy for any given area of your business, you must first strongly consider what it is you are attempting to achieve. Ideally, this end result can be measured in some way to determine if the strategy was ultimately successful, and to keep it on track throughout its execution.
If you can’t clearly articulate the objective(s) you are trying to reach, chances are you will not be able to arrive at a clear path …read more

By Guest Blogger Adam Bullied
First, before starting an article on basic strategy – which can be as advanced and complicated as you’d like it to be – it seems fitting to define what it actually is. I find a lot of people throw the term around, but don’t really have a grasp on what it means.
In addition to that, it gets all mixed up because some folks, while they think they understand it, feel it’s “too fancy” for what their business needs right now.
I can say this without question – every single business in existence requires strategy. Multiple strategies. Even …read more

As a business owner, it is always a great idea to have a mentor as you manage your business. A mentor can help direct you in the right direction as you plan out your business. Below are a series of questions that I asked my Twitter followers along with their responses about working with a business guru.

As a leader, are you cognizant that you are a role model for your business? Are you aware how much what you do speaks louder than what you say? It is important for leaders to do just that, make sure their actions coincide with their words.
The actions can be as small as not eating others food left in the refrigerator  or as large as obeying general business rules such as not taking office supplies from the business. Regardless of the actions, it can speak volumes when it communicates to employees, or contractors or even business associates how you as a …read more

Finding sources where you can learn business lessons is plenteous on the Internet. One such source is YouTube because you can find a variety of topics and subject matter experts who will teach you lessons that can help your business grow.
Recently, I found a video where several industry leaders were interviewed as they shared their knowledge about business (see video below). They provided excellent information that could help a business owner become successful in their chosen industry.
Watch the video below and then provide feedback regarding how this video helped you learn a business lesson. What are some ideas that you …read more