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Are you prepared for the inevitable business disruption?
Mon, 13 Aug 2018 09:57:51 -0400 - This week marks an ignominious anniversary. On August 13, 2003, a single outage in the electric grid cascaded across eight northeastern states, putting 55 million people in the dark for days, and thousands of businesses out of business. The Great Blackout of ’03 was a catastrophic reminder that we’re all one nosy
Why You Should Focus On Your Strength As A Business Owner
Wed, 08 Aug 2018 09:42:06 -0400 - We hear a lot about taking our weaknesses and working on them until we become strong in those areas. Unfortunately, trying to turn weaknesses into strengths might not be the best or most efficient use of your time as a business owner. Recently, I came across a philosophy that recommends that you  focus on your
How Leaders Can Embrace -- And Thrive With -- Exponential Growth
Mon, 06 Aug 2018 12:48:15 -0400 - We’ve all been trained to climb the ladder in our careers: Do well, hit your goals, get promoted, and repeat until you find yourself in a corner office. In reality, however, there are only so many management positions any company can sustain, and the idea that we all should be working our way toward those few
There’s nothing small about small business trade
Mon, 06 Aug 2018 10:03:56 -0400 - By now, most people aren’t surprised to learn that small business in America is actually quite big. You’ve heard the stats from the U.S. Small Business Administration that there are over 27 million small firms representing 99.7% of all U.S. employers. And I love reminding that these little powerhouses sign the front
How Much Should You Earn From Your Side Hustle?
Fri, 03 Aug 2018 10:26:00 -0400 - A side hustle can help you turn around a difficult financial situation. Whether you are looking to  pay off debt , improve your retirement savings, or are looking to pad your cash flow to retire early, it may be possible  with a side hustle . A recent Bankrate survey found that the average side hustler brings in
5 Business Lessons From Amazon Prime Day
Wed, 01 Aug 2018 10:24:00 -0400 - Amazon’s annual Prime Day took the world by storm on July 16th, and as always it offered a mix of excitement, frustration, and seven figures in sales. But one thing is certain: there is a lot we can learn from Amazon’s Prime Day success. We may even be able to apply some of what we learn in our business endeavors.
What is your small business exit strategy?
Mon, 30 Jul 2018 10:11:34 -0400 - In the United States, it’s very easy to start a small business. Maybe too easy. If you remember those early startup days, then you’ll also remember that very soon the easy part ended. Indeed, from the moment you transitioned from your initial capital to needing to generate the Holy Grail of capital – profit from
Applying for an SBA Loan? Get Ready to Buy Insurance
Mon, 23 Jul 2018 10:54:00 -0400 - This content is made possible by our sponsor; the views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In the small-business world, cash is like oxygen. With a hard work ethic, sound business sense and a little luck, the sky's the limit
Does your company need a vacation from you this year?
Mon, 23 Jul 2018 10:04:52 -0400 - Could you use a vacation?  I know. Silly question. And not just for the rest and relaxation. Most of us realize time away gives any leader a better perspective upon returning. But polls show not much more than half of small business owners are likely to take off an entire week for vacation. Perhaps this is a better
Does your company need a vacation from you this year?
Mon, 23 Jul 2018 10:03:56 -0400 - Could you use a vacation?  I know. Silly question. And not just for the rest and relaxation. Most of us realize time away gives any leader a better perspective upon returning. But polls show not much more than half of small business owners are likely to take off an entire week for vacation. Perhaps this is a better
Blasingame’s 3 Laws of Small Business Capital
Mon, 16 Jul 2018 09:43:00 -0400 - The first sentence in the job description of every CEO should be, “Secure and manage the capital your company needs.”  Webster defines business capital as, “any asset, tangible or intangible, including cash and hard assets held by the company.” Capital blended with operating cash flow becomes the financial fuel your
Blasingame’s 3 Laws of Small Business Capital
Mon, 16 Jul 2018 09:42:10 -0400 - The first sentence in the job description of every CEO should be, “Secure and manage the capital your company needs.”  Webster defines business capital as, “any asset, tangible or intangible, including cash and hard assets held by the company.” Capital blended with operating cash flow becomes the financial fuel your
Can You Afford to Help Your Kid Start a Business?
Thu, 12 Jul 2018 17:06:53 -0400 - Amazon Chipotle GoPro These household name businesses were launched thanks to investments by the founders parents But parents also have sunk plenty of money into their offsprings doomed enterprises sometimes endangering their retirements and family relationships in the
The CEO Question: Where is my company going?
Wed, 27 Jun 2018 15:08:16 -0400 - In my last column I stated that every business, including small ones, have assignments that can only be performed by the Chief Executive Officer (CEO). Plus, I revealed: CEO strategic responsibilities are not optional. Small business CEOs have to periodically transport themselves from the operating trenches to a
The CEO Question: Where is my company going?
Wed, 27 Jun 2018 15:07:42 -0400 - In my last column I stated that every business, including small ones, have assignments that can only be performed by the Chief Executive Officer (CEO). Plus, I revealed: CEO strategic responsibilities are not optional. Small business CEOs have to periodically transport themselves from the operating trenches to a


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