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Category: Business mentality

Why Do You Keep Your Business Idea a Secret?

When a business idea is kept a secret, we refer to it as ‘stealth mode’. You protect your world changing idea from the world - at all costs! You want to keep it a secret until the big launch and take the world by surprise and profit! This may seem ‘reasonable and rational’ to future business owners currently in ‘stealth mode’, ... Continue reading

Changing Poor Business Behaviors and Beliefs

Do you agree with the following statement?  “You can’t think your way into a new way of acting, but you can act your way into a new way of thinking.” We do. Here’s why: In order to change a behavior (acting), first you must change a belief (thinking). Here’s the perfect example: You can’t lose 10 pounds just by thinking about i... Continue reading

Free Yourself From Your Business

Working on your business vision is not usually the first thing you do when you get to work. However, by gaining clarity, alignment and then communicating your vision is the secret to freeing yourself from your business. The jobs to be done: Get clarity of vision to get freedom Here is how it works: Step 1: Make sure you are clear about you... Continue reading

Improving Your Advertisements Effectiveness

Here is a great way to understand good and bad 'headlines' in business advertisements. Open up a newspaper or magazine that has advertisements from multiple small businesses on one page. See which business's advertisement grabs your attention the most. My prediction is that the advertisement with the headline that addresses a pain or a need ... Continue reading

Experiential Learning in Small Business and Entrepreneurship

There is a missing piece in the way small business owners acquire knowledge. I participate in an experiential learning program at a university business school.  It is a great program in part because it provides real life experience for the students. There is a structure and science to the process of experiential learning. The traditional lear... Continue reading

Time and Energy Management Tip – Learn to Say NO

Want more time in your business day? Have you spread yourself too thin? Is it because you agreed to a task that you should have said “NO” to? You're being too nice Time pressure increases for those who are too nice to say “no”. The problem with this symptom is that everyone around you tends to learn this information. They will ask you ... 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

Who Will Buy Your Business?

I had a tour of a town in the oil patch in Alberta this week. The local tour guide pointed out a lot of small businesses that had similar attributes:        Started 20 to 30 years ago by one guy and one piece of equipment and now it has 20 to 25 employees, a fleet of trucks, or trailers, or drilling equipment, or other tools of the trade to ... Continue reading

The Power of Habit in Business

Business owners, employees and customers’ days are made up of millions of habits – most of them operating subconsciously. At our firm, we believe that part of any successful profit improvement strategy involves recognizing and changing existing habits within the business. The book “The Power of Habit” by Charles Duhigg covers this phil... Continue reading

Academic Degree vs. Real World Experience

I have a friend who is a great consultant. He has worked for multinational clients and literally saved them millions of dollars. He uses a proven methodology that he learned at a previous employer. However, he does not have a graduate university degree or a professional degree. He is not an MBA, C.A., or a P.Eng. How much does this matter to ... Continue reading