Visionaries and Capability: Beyond the Buzz

Over the years there have been several—okay, many—instances in which there have been people doing business with a cheerful and/or blatant disregard for boundaries. These individuals cheerfully and often recklessly bound forward with the glee and optimism of an...

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...

Tough Lessons: Failed Business Relationships

One of the hardest lessons a business owner can experience is the failure of a business relationship – whether with a vendor, a business partner, or a client. Regardless of how carefully you screen any of these people or how formal your agreements with them,...

Tools Required – Capability Imperative

Every task requires the right tools. Building a successful business is a task like no other. It requires a comprehensive set of tools which fit the task. Using one tool when another is required often leads to unanticipated consequences. Having the right tool...

Too Big, Too Soon – Too Far, Too Fast

Enthusiasm. Confidence. Passion. Belief. All of these are important to the success of any new venture. They can also be the biggest pitfalls for the new venture. The momentum and the drive to do everything at once can lead an entrepreneurial team to expand before the...
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