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As a business owner, you know what it’s like to lie awake at 2 a.m. Maybe it has happened when you are excited and full of new ideas for your business. More often, it’s because you are worried about issues you will face the next day. Sometimes, it’s because you just woke up with the solution to a problem. I’ve experienced all those emotions about my businesses over the years. Awake at 2 o’clock? is where I share them with you, and hopefully help with answers that will let you sleep.
John F. Dini, CExP, CEPA
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Small business owners are the Hunters of the 21st century. We are 3% of the US population, and yet we create over half of all American jobs. As Hunters, we may not be inclined to manage by the numbers or stick to systems. Are you a Hunter or a Farmer?
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How prepared are you to exit your company?
The Assessment breaks down the four major categories of exit readiness; Finance, Planning, Operations and Revenue/Profit.
Tag Archives: management
Losing Your Mind
All of us who are business owners know how tough it is to run a business. Most of us have long ago gotten past the ego part of owning a company. Sometimes I’m really surprised at how that affects folks … Continue reading
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Hunters and Farmers
Several times monthly, I interview entrepreneurs who are considering membership in The Alternative Board® as a means to improve their business. Part of the process is asking each one what his or her core skills are – the things that … Continue reading
One Response to Hunters and Farmers
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Wow. This is refreshing. I feel like we're hounded over and over again to fight our entrepreneurial nature and make up for our "shortcomings" – it's great to be encouraged to embrace who we are instead. I think I'll go have another cup of coffee and encourage some out there thinking for a half an hour before I sit down to review our financial reports. Thanks, John!
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Off to Planet Ten!
I confess to being a fan of really, really good “B” movies. What is a good, bad movie? It’s one that knows it’s a bad movie, and lets the audience know that it knows. I haven’t seen it, but Piranha … Continue reading
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Whose fault is it?
In small business, we tend to give out titles with aplomb. You can be a manager. You’re a director. You are a vice president. When there are few levels to differentiate between, it seems meaningless to attach a lot of … Continue reading
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Mission, Vision and Values: Weighing in on the Definition War
The other day during a continuing education class, the old argument came up again. “These are the kind of things that belong in a company’s Vision Statement,” the instructor said. “I thought they were Mission Statement kind of things,” replied … Continue reading
One Response to Mission, Vision and Values: Weighing in on the Definition War
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As a business we have explored all of these as well …and most recently, like Monday revisited them. We mused about listing our values and principles on our website…and then there is part of us that says Actions speak louder than words…In the South it is popular to decribe someone and note that they are a "good christian". This always struck me as odd, in that if you have to proclaim it all the time, it must not be clear or in alignment with the persons actions. I think is is great to write all of this down and to reflect on it and review it for alignment but I am not so sure these statements aren't just glossed over by the public as propaganda/marketing machine …I will have to experience it for myself.
Systems work. Stay with the plan. Check your ego at the door. Go fishing more often…I mean,that's why we own a business right? So we can do other things in life and not have to work all the time? Why screw up a good thing? Sounds like he did. Too bad.
Phil R.