Validating Your Business Concept

To know whether or not you have a viable business concept, you have to comprehensively define (on paper) your thoughts, ideas, and vision. You also need to gather information related to those ideas: market size, competitors, pricing, and so on. With that information...

Vision, Strategy, Structure, and Results

The successful organization – one that is both productive currently and viable long term – has integrated the vision, strategy, and structure of the organization to enable financial success. The ability of an organization to achieve every iota of success...

Timelines and Deadlines: Customers and Investors Wait for No One

When it comes to getting things done, missing the timeline may mean a deadline missed—with an emphasis on the DEAD line of business or opportunity. At times, people mistake courtesy and diplomacy as a signal that it is okay to miss a deadline. I’m not advocating being...

Time Out for Innovation

One of the biggest mistakes businesses—or any organization today—make is a failure to allow time for working on the business itself. Current business practices have created a mindset that has every worker (theoretically at least) working every moment in the business...

Think B.I.G.™ (Bold Innovative Growth) Business!

Innovation is the new quality initiative. Everyone is “into” innovation. It is the new revolution that is going to revolutionize declining industries, markets, and businesses. And it can—if it is more than rhetoric and becomes an integrated systemic capability in the...