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Category Archives: Business mentality

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? 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 to do tas... 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

Business Meeting Tip

Why do some business owners hold up a meeting waiting for the latecomers? When you think about it, you are punishing those who arrived on time and rewarding the ones who come late. My suggestion is: Don’t wait for those who are late. Implementation of this philosophy makes for more efficient meetings, increases the respect of those that arri... 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

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

Is Going to a Conference Work or a Perk?

The Business Therapist® Inc. sent an employee (Rich) to a conference this week. It happens to be in a nice hotel in a warm place. What expectations are reasonable when attending a work conference? The work day – How many hours should he be putting in at the conference each day? (Did he take his golf clubs?) The absorption of the content – ... Continue reading

Hiring and Firing Employees – The Best Tip

Some business tips need a lot of explanation, support stories and other jeba – jeba. This particular piece of business advice stands on its own:  Hire slow          Fire fast Thanks to my good friend and client Martin Bates at Advanced Basement Systems for sharing it! Further discussion is available by appointment.... Continue reading

The Power of Habit in Business

I just finished reading a good book about habits. The book is “The Power of Habit” by Charles Duhigg. When you think about it, business owners, employees and customers’ days are made up of millions of habits – most of them operating subconsciously. At our firm, part of any successful profit improvement strategy involves recognizing and chan... Continue reading