Strategy

Small Business Optimism Swoons

From OPEN Forum: Small Business Optimism dipped slightly during November.  The dip is somewhat surprising given recent modest improvements in consumer confidence and initial signs that the holiday shopping season is shaping up to be stronger than last year.
Small Business Optimism Swoons
Strategy

Put Profits First — Always

From Entrepreneur: If you’re reading this, you’re probably already running your own small or mid-sized business. Maybe you’re doing OK, but your competitors are doing better and you’re wondering if you could be doing more to increase sales.
Put Profits First — Always
Strategy

Two Things You Should Never Disclose When Raising Money

Disclosure is a good thing.  Early disclosure of thorny issues is a very good thing (such as, “I am embroiled in a legal dispute with my co-founder over ownership of the company and here is why”).  Transparency is an important quality when starting a risky new business; it builds trust. […]
Two Things You Should Never Disclose When Raising Money
Strategy

3 Strategies For Riding The Crest Of The Economic Recovery

: As the economy glides into something that vaguely resembles a recovery, the workplace isn’t the battleground that it was at this time last year, but employees are nonetheless bruised and exhausted. There’s no escaping that a marginal economic recovery brings with it a brand new set of human capital […]
3 Strategies For Riding The Crest Of The Economic Recovery
Strategy

Leverage Your Inner Lemon

: One of the all-time greatest examples of a brand turning lemons into lemonade may also be one of the first. Advertising aficionados will remember the 1960s Volkswagen Beetle campaign. As competing automakers built ever bigger cars for growing, post-World War II families, Volkswagen’s Beetle was seen as too small, […]
Leverage Your Inner Lemon
Strategy

8 Tools For Better Collaboration

At TBI, the #1 collaboration tool is still the old-fashioned shout across the newsroom. As our business thrives and we add to staff, the shout’s dominance will be threatened, but not for a while: some of my colleagues can really project.
8 Tools For Better Collaboration
Strategy

3 Customer Development Case Studies

If you’re trying to implement customer development at your startup, you’ll learn more from these 3 case studies than anything else I’ve seen. I consider each of these a “must-read”. I’ve quoted some great bits from each case study, but make sure you click through and read each one in […]
3 Customer Development Case Studies
Strategy

Business Hiring Plans Are Still Very Weak

From OPEN Forum: The number of businesses expecting to hire new employees in the following three months began falling in summer 2007, a few months before the recession began (this makes sense, as it’s a leading indicator).  Fortunately, the measure recovered somewhat this summer, although it’s still in negative territory.
Business Hiring Plans Are Still Very Weak
Strategy

Small Business Expansion Plans At The Lowest Level In Years

From OPEN Forum: This summer, expansion plans among small businesses were at the lowest they’ve been in years as most small businesses are focused on maintaining profits versus expanding to address increased demand.  This will likely change quickly, though, if the economy continues to recover.
Small Business Expansion Plans At The Lowest Level In Years
Strategy

How To Get A Great MBA Internship

The MBA summer internship is a major part of the business school experience, and getting the right one is important. Good internships are extremely competitive, and the struggling economy has made it harder than ever.
How To Get A Great MBA Internship
Strategy

Four Ways To Hire Better People

Hiring is the most important thing a manager does. And everyone makes mistakes doing it, regardless of how thorough they’ve been or sophisticated their process is.
Four Ways To Hire Better People
Strategy

How To Ace Your Videoconference Interview

These days, you might find yourself in a job interview in the comfort of your own home. Interviewing over Skype or a similar service isn’t all that different from interviewing in person, but there are some things you need to keep in mind. Here’s some good advice on the topic:
How To Ace Your Videoconference Interview
Strategy

Small Businesses Could Face New Credit Squeeze

Business owners could face a new credit squeeze as early as next month, in what amounts to a gap period between the expiration of two popular stimulus provisions and the ramp-up of President Barack Obama’s plan to boost loans for small companies.
Small Businesses Could Face New Credit Squeeze
Strategy

Lessons From Saturn’s Implosion

General Motors’ decision earlier this month to scrap its Saturn brand triggered frequent retellings of the many ways in which GM missed an opportunity to recast itself and the auto industry. But other manufacturers did adopt some of Saturn’s innovations, according to Wharton faculty. Indeed, they say, the Saturn story […]
Lessons From Saturn’s Implosion
Strategy

Does Your Brand Tell a Powerful Story?

From Entrepreneur: One of the best ways for an entrepreneur to get a leg up in this competitive climate and distinguish yourself from the rest of the pack is to tell your brand story.
Does Your Brand Tell a Powerful Story?
Strategy

How To Disable Backspace As A Shortcut In Firefox

Every major Web browser has come to the conclusion that the backspace key (or delete, for Mac users) should work as a shortcut to the back button — sending you back to the previous page. ‘Backspace’ starts with ‘back’, after all… what’s not to like?
How To Disable Backspace As A Shortcut In Firefox
Strategy

The Secrets To A Smooth Succession In A Family Business

If you want your business to live on long after you’ve retired to the links or a nice, sandy beach, you need to approach succession as carefully as you do your will. This starts with having a plan, then making sure all your family members and those with future ownership […]
The Secrets To A Smooth Succession In A Family Business
Strategy

How To Build Up A Credit Rating For Your Small Business

In the early days of a business, an entrepreneur has no choice but to rely on his personal credit rating. But if you don’t start working on a credit rating for your business right away, it won’t be there when you need it a few years down the line.
How To Build Up A Credit Rating For Your Small Business
Strategy

10 Tips For Keeping Your Regulars Happy

From Entrepreneur: Some small business owners are so focused on attracting new customers they forget to take care of the ones they already have. And neglected customers will certainly be ripe for the picking by the competition. Bob Green, president of The Verdi Group, an advertising agency in Rochester, N.Y., […]
10 Tips For Keeping Your Regulars Happy
Strategy

How To Make Gmail Ad-Free

Gmail, like most Google products, is free, making money through advertising. But if looking at ads is too steep a price for you to pay for great email, there’s hope for you.
How To Make Gmail Ad-Free
Strategy

How Not To Run A Business

If you are a CEO, you shouldn’t be thinking about running your company. Your goal, really, should be to do as little as possible, according to Isaac Getz and Brian Carney’s new book Freedom, Inc.: Free Your Employees and Let Them Lead Your Business to Higher Productivity, Profits, and Growth […]
How Not To Run A Business
Strategy

How To Succeed In Business: Liberate The Workplace!

At a time of economic distress, it is all too easy to imagine that supposedly wise leaders and elite experts—usually, for some reason, residents of Washington, D.C.—should take charge of major decisions and put things right, imposing order and correcting the errors of a chaotic free market.
How To Succeed In Business: Liberate The Workplace!
Strategy

Set Your Employees Free And Watch The Profits Roll In

Brian Carney’s new book, Freedom, Inc.: Free Your Employees and Let Them Lead Your Business to Higher Productivity, Profits, and Growth , explains how innovative companies are embracing radical approaches to employee freedom. The companies he describes in the book have seen profits rise and have a happier workforce.
Set Your Employees Free And Watch The Profits Roll In
Strategy

Marketing Locally? Think Globally

: It’s a paradox: So many online merchants, yet so few willing to reach for the stars by thinking beyond the American market. They don’t call it the World Wide Web for nothing–as an online merchant, you are but a few mouse clicks away from a global customer base.
Marketing Locally? Think Globally
Strategy

Stop Multitasking And Pay Attention!

Pay very close attention to this post. Ignore the seven other open tabs in your browser, the IM window that just lit up, and the television in the background. Multitasking is all the rage, but it might be bad for you.
Stop Multitasking And Pay Attention!
Strategy

5 Ways To optimise Your Website For Bing

From Entrepreneur.com: After all the rumours and last-minute botched deals over the years, it’s finally happened: Microsoft and Yahoo have reached an agreement to merge their search services in hopes of finally being able to compete with the grand search overlord, Google.
5 Ways To optimise Your Website For Bing
Strategy

Promise Your Employees The Moon

Making promises you don’t expect to keep to reel in prospective hires might not be the most ethical recruitment strategy, but research suggests it might not be bad for morale.
Promise Your Employees The Moon
Strategy

Shrink Your Debt

From Entrepreneur.com: In general, the best choices for debt negotiation and settlement are unsecured loans and credit cards. Since there is no collateral that can be attached to satisfy the debt, creditors are more likely to negotiate to avoid writing off the entire debt.
Shrink Your Debt