In This Episode This might seem like a simple question. But depending who you ask about valuing your inventory, the […]
How Do You Stay Grounded When Everything Around You Is In Flux?
With so many things changing over these past 3 months, it’s good to know that some things stay the same no matter what. When it comes to business, one thing that endures is MVP’s 7 Keys to Success. These guiding principles for how to run your business successfully continue to be tested in all sorts of areas including a global pandemic.
How Do I Figure Out What To Pay My People?
How do you think differently and more creatively about how you compensate your people? There’s never been a better time to try something new than the current situation with COVID-19.
How Do I Figure Out Where I’m Going When The World Is In Flux?
What’s the world going to look like in 2030? More importantly, what’s your business going to look like in 2030? Does that seem like a crazy question with all the uncertainty in the world today?
It’s A Great Time To Fail!
There’s never been a better time to fail! Think about it. Nobody has the answers right now so why not try something new or different? Is there something you’ve been thinking about trying for a while and yet you’ve made all sorts of excuses for why you can’t do it?
Are You Having Fun In Your Business Yet?
Usually three-letter words are OK, it’s the four-letter words you need to avoid! Yet it’s hard to find too many people having FUN in their businesses today with all the changes that are being introduced and forced upon us due to COVID-19. The real question is, were you having fun in your business before all this coronavirus stuff hit? Unfortunately we find too many business owners who aren’t having fun in their business any more. But it doesn’t have to be that way!
A Turnaround Mindset Can Help You Not Only Survive, But Thrive in the Coronavirus/COVID-19 World
One of the things we have a lot of experience with is turnaround situations in business. A turnaround situation in our books is simply defined as taking a company that is losing money and turning it around to making a profit. Why is this important in the current Coronavirus/COVID-19 world?
How Do I Plan In Uncertain Times?
To say we live in uncertain times might be an understatement given the recent and ongoing changes to lives worldwide as we all wrestle with the fallout caused by the Coronavirus and COVID-19. As a business owner, it can be twice as difficult as you are dealing not only with your personal situation, but also your business. So how do you plan in uncertain times?
As you can probably appreciate, many folks don’t like to plan under normal circumstances. But when it comes to uncertain times and your business, as the owner you really have no other choice but to pull a plan together. The key is where do you start and how do you do it in a way that you can take action quickly?
Business Plans – What Are They and Do You Need One (Part 2)
We had so much fun talking about business plans last week that we only got about halfway through what we wanted to cover. This week we shared the rest of the story when it comes to business plans.
Business Plans – What Are They and Do You Need One (Part 1)?
We hear all the time from frustrated small business owners who say all they need is a business plan. When we ask them why, it’s usually based on them hearing that from a bunch of people who ask them what their plan is for the business. What does this even mean?