Value and price are two very fundamental but very important concepts in business and not something I think a lot of business owners think about too much. When I ask clients about how they came up with their pricing the answer very often is along the lines of “that’s about what other people were asking”…
Lately, we’ve had some things happen here that get me down as a business owner. The good news is, I’ve been doing this long enough that it doesn’t get me nearly as down as it used to but that’s because I’ve been around long enough to know what business ownership is really like. If you…
I was listening to a podcast recently and was introduced to the idea of Output Thinking and I really liked the message and thought it was something I should share. There are tons of business books out there and many simply rehash old ideas or are too high level to be of much day-to-day use…
We all have periods of time when business feels slow and we’re not feeling great about the prospects for growth even in the busiest and best-run businesses. Imagine though if you ran a business where the entire business itself was facing the possibility of dying off. Maybe not this year, maybe not next, but it…
I had what is probably the weirdest small business experience of my recent memory this past weekend. It started out simply – I needed my eyeglasses fixed and in a quick Yelp search, I came across this place 15 minutes from my house that had good reviews and unlike every other one wasn’t an optical…
Back in 2020 and 2021 and into 2022 we were getting flooded by two kinds of calls – ecom sellers who wanted to get their books together so they could sell their businesses and ecom business buyers wanting to know if any of our clients wanted to sell. We had built out a specialty in…
It is amazing to me how often the littlest, simplest things can be the most powerful. Sometimes people get all caught up in wanting to make things really extraordinary and over the top and amazing but in doing so they lose the point in the first place. I’m thinking of weddings and gender reveals and…
I love to read and am rarely without a pile of books I’m working on. One of my favorites, which I found years ago in my sister’s room because she had been assigned the novel at school, is The Princess Bride. At first, I thought it probably wasn’t something I’d want to read (very much…
I find for most entrepreneurs I meet they feel it is very hard to stop having business ideas. Once you go down the road of deciding to do your own thing and see how making a business out of solving a problem can lead to a very rewarding business it is hard to then stop…
I’ve never had a business partner, so how do I know this? Simple – I’ve seen dozens (hundreds?) of businesses break up over partnership issues and way, way fewer partnerships actually thrive. In fact just yesterday in the news was the story of the bitter break up of a thirty-year partnership between the guy who brought Sriracha…