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Category Archives: Business inspiration

Borrowing and Combining Innovation

Borrowing innovation is easier than inventing from scratch! Think you have to start your invention from scratch? Why not combine existing innovations? Here’s two examples of incredible innovations over 100 years apart: Henry Ford (1908) Henry Ford actually borrowed three existing innovations for his assembly line: i) Interchangeable part... Continue reading

A Focused Approach to Business

We have many new ideas and products in development at The Business Therapist® and this week we are taking our own advice – focus on one thing and make it happen! We have a book in development on family business dynamics and another book about small business strategies for taking on big box competitors. We are also exploring platforms for digit... Continue reading

Self Limiting Beliefs

A fundamental part of our business model is to help business owners identify a self-limiting or business-limiting belief. The biggest problem in doing this is that they don’t look like self limiting beliefs to the business owner. To them and all of us, these beliefs show up as reality. As you can imagine in performing this part of the job, the d... Continue reading

Expert Knowledge as a Product

How many times does the boss have to politely and respectfully deliver the same message to the same employee for them to get it? Why is it if an outside expert comes in and tells the employee the same thing, they suddenly get it? It can get really expensive hiring experts to come in and work with your employees every day.  Fortunately, the world... Continue reading

5 Tips for Successful New Year’s Resolutions

It is the time of year we make New Year’s resolutions or goals for 2013. Here are some tips to increase the probability that you will achieve your goal: 1)     Focus on only one goal at a time - Pick the most important one. It's OK to pick an easy but important goal. When you accomplish it, you will want to keep going on to the next goal. 2)... Continue reading

The Basics Still Grow Your Business

Sometimes in our search for the latest and greatest new idea to help businesses grow for freedom and cash, we can stop focusing on some basic growth strategies - so let’s review some business basics: 1)    Referrals from your good customers -          Do you actually ask them for referral business? This may sound too simple, but doe... Continue reading

Soft Skills for Business

I was at a meeting last week, where the idea of increasing the soft skills training in the business community might help the region grow. It was confirmed by another participant that the region who could get the jump on this would really differentiate themselves. So what are soft skills anyway? Communication skills – This would include developm... Continue reading

There is No Magic Pill for Small Business Success

If we could just invent a magic pill that business owners could take to solve all their problems – our business problems would be solved too! And a lot of times, we come across business owners looking to us to provide the magic pill. While you might think they would be good clients, actually they are not. It never works unless the business owne... Continue reading

Real Core Values in Small Business

One of the things we do for our business owner clients is to help them clarify and communicate their core values.  We can create documents and posters that address the organization's view on respect, integrity and honesty. When the values are clarified and communicated you might think the exercise is done. We don’t think so. We believe 'more ... Continue reading

The Virtual Office of the Future is Now!

The virtual firm is becoming a more common reality. We at The Business Therapist® Inc. are certainly living the dream. Take today for example: This morning I woke up in a 1884 hand-hewn log home in Pennsylvania and reviewed a business advisory proposal which I then sent via email to Rich Thornton, (the Director of Research and New Product Develo... Continue reading