When you’re building a business, it’s easy to get caught up in the numbers. Profit margins seem like the ultimate measure of success, and seeing them shrink can feel like a red flag. But here’s a different way to look at it: what if sacrificing some profit now actually sets you up for bigger wins…
Small businesses thrive on relationships. Unlike massive corporations that can rely on sheer market dominance, local businesses need strong connections to grow. And not just with customers. Partnering with other businesses, organizations, and community groups can be a game-changer. You’d be surprised how much a well-placed collaboration can open doors you didn’t even know existed….
Ever feel like your marketing is shouting into the void? Like you’re doing everything right—ads, social media, email campaigns—but your sales just aren’t where they should be? Here’s the thing: if you’re talking to everyone, you’re talking to no one. Narrowing your target audience isn’t just a fancy marketing exercise; it’s the key to making…
Starting a business is exhilarating-ideas flowing, excitement buzzing, and dreams taking shape. But growing a business? That’s a whole different beast. It’s like moving from a cozy startup garage to managing a high-rise office-suddenly, there’s a lot more to handle. Every growth spurt comes with its fair share of challenges, and if you’re not careful,…
The following is a guest post from inteliRANK. Launching a product on Amazon is an exciting yet highly competitive challenge. With millions of products vying for attention, ensuring your product stands out requires a strategic approach. And a well-executed Product Testing Campaign can be the key to achieving higher rankings and driving consistent sales. This…
Different leaders have different leadership styles. However, lying, manipulation, yelling, etc., is not a great way to manage a good business. In this video, Matt watches what is hopefully a satire but unfortunately is real to some people. If you take one thing away from this video, please let it be to not be a…
Rich vs wealthy, is there a difference between the two? And how can you get to them? In this video, Matt reviews a video clip going over their thoughts on how ownership is the only way to get wealthy, not by your career. Matt has some thoughts on the topic as well and it might…
I’m headed off in a few hours to Las Vegas for a trade show- flying Southwest for the last time before it all goes downhill (a situation probably worth its own newsletter someday soon)! There is a decent amount of hassle involved in going to in person events, aside from the cost. It disrupts your…
In this version of “Would I Buy This Business”, we have a highly profitable specialty electrical services company. So what does highly profitable mean? Let’s see. The asking price is 1.9 million. Gross revenue [1,093,695], so just under 1.1 million. Cash flow [622,944], so an implied profit of 56% or something. Which is, I mean,…
Can a hustler and a CEO coexist to grow a business? That is the exact topic of the video Matt reviews today. Check out what Matt has to say about it. There are tons of people out on social media giving business advice. Some of it is good advice, but most of it isn’t good….
