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Tag Archives: Growth Hacking for Small Business

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

1 Tip to Grow Your Business

Observe your customers pattern for business growth

Get a new perspective! How many times have you walked into a store and been naturally drawn to one area? Or have been shopping online and ‘abandoned your cart’ because the check-out area was too complicated or too hard to find? If as a business owner you’re struggling with sluggish sales and lackluster conversions - it’s time to get a n... Continue reading

New Approaches to Enhance Innovation & Creativity

Nowadays, innovation is a popular word in our vocabulary. But a clear understanding of what this term means and why it’s so important in the present economy is needed before exploring alternatives to enhance it. Essentially, innovation is the usage of new ideas to develop and implement new processes, products, services, or even business models... Continue reading

Stop Making Stupid Business Mistakes

Create simple business systems for better use your time

Why do we need a checklist to stop stupid mistakes? Why can’t we just be less stupid? Because using a checklist removes the need to think about the routine at all. This frees your brain to think about smarter things! When a stupid mistake happens, it is often because a person didn’t remember something simple. For example: Delivery ... Continue reading

Being Proactive About Business Communication

I recently read Dave Ramsay’s book, EntreLeadership. You’ll want to read it because he openly shares his small business experience, insights and wisdom via real life stories. Dave explains the ‘great companies, great communication’ relationship with a perfect metaphor: “Your business is a party. You have invited your team to the party... Continue reading

Focusing on What You Really Want

The last few months have brought about a tremendous amount of change at The Business Therapist®. We’ve endeavoured to completely redefine ourselves in the way we’ve chosen to help the entrepreneurially inclined. We still strongly believe in helping business owners achieve cash, freedom, and happiness, but we believe traditional advisory is no ... Continue reading

Discovering the Root Cause of a Problem

Last week’s blog touched on a process called ‘The 5 Whys’ which is best implemented as a tool to find the root cause of a problem. Quite often, ‘The problem is not the problem’. It was developed by Sakichi Toyoda, a Japanese inventor. It became part of the Toyota Production System and then Lean Manufacturing and Six Sigma. It is now... Continue reading

Be a Small Business ‘Growth Hacker’

‘Growth hacker’ sounds like a bad person, but in reality it’s a smart business person. Wikipedia includes the following in the definition of Growth Hacking: …as in many cases Growth Hackers are simply good at using techniques such as search engine optimization, web site analytics, content marketing and A/B testing which are already mains... Continue reading

A Great Business Differentiator

[caption id="attachment_1920" align="alignright" width="127"] Be Different![/caption] A a business advisor, whenever I deal with contractors, I dream of a contractor who has a reputation based on one idea: We start and finish what we said we would do, when we said we would do it. That’s it. How hard could it be? Really hard! – I know this b... Continue reading

The Hiring Decision – Costs, Risks and Growth Plans

How do you determine whether it makes financial sense to hire a new employee? Let’s look at an example: Cost of investment: The main cost of the new hire will be the monthly wage costs times the number of months it will take the new hire productive.  If you pay someone $4,000 a month and it take them 6 months to become productive, the base inv... Continue reading