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Category Archives: Startup Advice

Startup advice, startup help, startup tips, the lean startup, lean startup advisor

Working Smarter: When to ‘Rent Some Brains’

Business owners, in particular startup business owners, must wear many hats for business success. At times it can feel very much like we’re a ‘jack of all trades, master of none’! It might be time to ‘rent some brains’. First you must determine which of your business activities make your company the most money. (Related Article - O... Continue reading

The Dangers of Passion in a Business Startup

When I had the opportunity to ask a very successful, grey haired business man what words of wisdom he would give someone just starting in business, he said, “Be passionate.” In fact, the quality of being passionate when you start a business is a key success factor - but in a business startup, having passion can also be very dangerous! A st... Continue reading

Business Insights – Learn, Act, Grow

Business insights are under rated! Sure, we all collect a few at random as we burn through our business life, but there is actually a valuable methodology to getting insights that will make your business better! I am not talking about boring informational insights you might get from reading a blog or something – these are real insights about y... Continue reading

A Productivity Tool For Businesses – Kanban Board

The 'kanban' concepts have Japanese roots and were developed for managing workflow in manufacturing projects. Two key concepts are 1) it is a visual representation of the project or projects and 2) it requires you to limit the current capacity for work in progress – i.e. limit the current number of things you are working on. Consistent with... Continue reading

The Business Therapist® Manifesto

As inspired recently by Holstee, the team at The Business Therapist® has developed our own manifesto. We found this to be a collectively creative experience and the process helped clarify our beliefs.    Does your business have a manifesto? We believe businesses can benefit by clarifying 'who you are' and 'what you do and why'. ... Continue reading

Should Your Business Offer a Guarantee?

When a potential customer considers purchasing from your business, are there a number of risks to completing the purchase? Will the product or service solve the problem they have? Will it meet the needs or wants of the customer? Will the benefits outweigh the costs? Eliminate purchase risks When you provide a guarantee, you remove th... Continue reading

Improve Employee Productivity with the Right Tools

One of my favourite expressions is, “You need to spend a quarter to make a dollar”. This is very true when it comes to equipping your employees to be productive. Two work crews, one saw Every morning before each crew went in different directions there was a discussion to determine who needed the saw most. One crew had lost the second saw ... Continue reading

Improving Business Owner to Banker Communications – 3 Tips

Bankers speak one language – business owners speak a different one – when they get together without a translator, the result is usually frustration. Don't make assumptions 1) Don’t assume that logic or reason are important to the lender – The most popular argument to a banker when asking for a loan is, 'I opened my account at this insti... Continue reading