Networking is a term that’s often thrown around in today’s interconnected business world. According to investopedia.com, networking is the exchange of information and ideas among people with a common profession or special interest, usually in an informal social setting, and often begins with a single point of common ground. We can easily reason that networking is something that we participate in, …
The 7 Pitfalls of Small Business (conclusion)
This article is the second part of a two-part series. Click here to read part one. Running a small business can be a wonderful experience, bringing with it a sense of excitement and fulfillment when things go right. At the same time, things don’t always go the way we’ve planned. When things do go wrong, those feelings of happiness can …
The Secret to Long-Lasting Success
Running a small business is hard. There are many obstacles that must be overcome. One of the most difficult challenges to figure out, especially for the novice entrepreneur, is how to get clients. Without a doubt, it’s one my students most often asked questions. Every potential business owner realizes the importance of acquiring clientele, but most of us are dumbfounded …
Are there enough customers to go around?
It seems that no matter what type of business we’re in, there are going to be many different points of view on how to run that business. Some people are generous and believe that there’s enough customers out there to sustain everyone that’s willing to put serious effort into their business. Most people, unfortunately, operate under the belief that everything …
Don’t Be Afraid to Try, Try Again
Growth should be the overriding goal of our business. Without (at least some) continued growth, our businesses will stagnate and die. We will be passed up by all our competitors that are growing and expanding the reach of their businesses. Without growth, without trying new things and making advancements in our knowledge and our methods, we fall behind everyone else. …
Am I Too Late To the Party? Knowing When To Grow Your Business
I have been extremely fortunate to find myself in a very unique position in the home inspection industry. I was lucky enough to get in on the ground floor of a multi-inspector firm with my friends and business partners. I started doing inspections, growing business to 40 inspections a month and then hiring and training my replacement for those …
The Complete Product. Increasing Your Odds of Business Success (Part 2)
Note: This post is the second of a two-part article. Click here to read part one. A complete product. What do we mean when we say that our business has a complete product? This means that our product is not only profitable enough to sustain (and grow) our business, but it also helps our business and our customers in many …