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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: entrepreneurship
In the long run
I met with a business owner the other day who has experienced a particularly difficult year. A confluence of economics, technology and criminal activity in his industry has kept him working long hours, with relatively little to show for it. He … Continue reading
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It IS all about you.
Why did you want to own a business? If you believe the textbook definition of an entrepreneur, it was to leverage capital and other resources to create wealth. That probably applies to about 5% of us. Or, you might have started … 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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I Guess I are One…Finally!
I just read Malcolm Gladwell’s book “Outliers.” Like The Tipping Point and Blink before it, he gives a very readable and fresh insight into things you thought you knew, or kind of thought you knew but never really applied logic to, … Continue reading
One Response to I Guess I are One…Finally!
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I have to wonder whether 10,000 hours really is the magic number. Each of us has a different hunger for knowledge and a varying commitment to learn and grow. Some get 5,000 hours of experience and will truly become proficient at their task whereas some will get 1 hours experience 10,000 times and never master anything.
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A Goal isn’t a Finish Line
I was going over some productivity numbers with a long term client. “Remember when our goal for this was 2000 man hours?” he said. “Now we are below 1200, and closing in on 1100, and with greater volume!” Everywhere we … Continue reading
The View from Here
I work in a small privately owned company. I have seen my boss burn the candle at both ends year after year to make his company successful. It amazes me though that many of the folks who work around me seem to feel that they deserve the same benefits as the boss. They are annoyed when he takes a day off, makes a luxurious purchase or takes a trip because they feel that they are entitled to the same benefits. I don't get it. They certainly have not and will not risk all that they have for the sake of the company. They are very content to simply collect their check each week and never think twice about the company after work or on the weekend. It's just another symptom of the socialistic virus that is affecting this country. That's not how it should be. You're the boss. You take the risks. You deserve the rewards at some point for God's sake. Go get 'em John.