Congratulations to Jeff Bezos. Turns out he recently surpassed Bill Gates as the world’s richest person. Mr. Bezos became the world’s richest person as the founder of Amazon.com. Amazon, of course, started out as an “online bookstore” and has now evolved into the world’s largest retailer. That was accomplished by setting a grand vision, working […]
Entrepreneurship
Downsizing often costs more than it saves (way more!)
What a crazy, uncertain time we live in. I realize that just about any generation could say that, but you’ve gotta admit, things are pretty nuts right now and without getting even the least bit political here, we’re venturing into some uncharted waters this election year. Uncertainty always plays havoc with the stock market and […]
Is an economic downturn right around the corner?
Do I think we’re headed for an economic downturn? Yes. Absolutely. Definitely. Why do I say that? And for that matter, why would I say such a thing when it’s usually my goal to offer you mostly positive stuff when you visit here? I say yes, we absolutely, definitely are headed for an economic downturn. […]
Have you thanked an entrepreneur today?
We enjoy so much abundant choice when it comes to all the affordable things that are so readily available to us in the free market. I often find myself feeling a bit guilty because all that abundant choice is indeed so affordably, readily available that I forget that it happens because at some point, an […]
It’s all about the customer (Even when you litigate)
The great investing website, Seeking Alpha, ran this article about a lawsuit Procter and Gamble has filed against a competitor in the razor category for patent infringement, deceptive practices, and a whole bunch of other stuff. You can read the article here if you like. What struck me as interesting was how they phrased their […]
Behind every great leader is a great…leader?
In addition to holding records for coaching the most wins in UCLA basketball history, John Wooden authored several superb books on leadership and how to succeed while staying focused on what is most important in life. Wooden often recalled the wisdom of his former college coach, Piggy Lambert. Once, when Lambert was asked by the […]
A downturn doesn’t mean you’re down and out.
There is a logical part of us that knows economic downturns are inevitable. But emotionally, they’re still hard to accept and even harder to muddle through. But the truth is, just as a robust economy offers opportunities, so does a downturn. A downturn may be a good time to grow. If you’ve been wanting to […]
What’s the first, most important question your people should ALWAYS ask?
Every time your team members open a conversation with a new customer or prospect, the very first question they should clearly, enthusiastically ask each one is this: “How did you find out about us?” This gives you true, direct, voice-of-the customer feedback about what marketing is working and how well. You can also train your […]