Building a business takes a village. But how can a growing business afford it?Entrepreneurs are highly motivated, risk-taking individuals. Despite their risk profile, they aren’t necessarily risk-seeking individuals. Many “solopreneurs” yearn to build …
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How to Turn a Doomed Business Around
Transforming a business is a step-by-step process that only looks good in retrospect–if it works.Many businesses, even healthy ones, can benefit from a growth transformation. Growth strategies are inherently cyclical and short-lived. If a company has …
The Modern Workplace: Introverts Need Not Apply
Trends toward open-plan offices may actually be counterproductive to employee productivity.In Quiet: The Power of Introverts in a World That Can’t Stop Talking, author Susan Cain discusses how a workplace can stifle introvert productivity. Workplaces a…
Don’t Grow Your Business Into Failure
Growth is good, right? For the most part, yes, but too much growth can doom a business. Here’s how to avoid that peril.Whether you are an entrepreneurial CEO or an investor, you are probably focused day-to-day on the basics of growing your business.Gro…
Should You Give Up Equity for Growth?
It’s generally better to fund growth with cash flows from operations. But here are six cases when you should consider outside equity capital.Sustainable, growing businesses, especially those in the middle market (typically $20 million to $1 billion in …
Building a Business Is Not About You
Linking yourself to your business, emotionally or financially, is fraught with danger.Start-ups usually require a motivated, dynamic entrepreneur to create a successful, sustainable business. But once a business exists and is growing, it’s often more u…
5-Step Primer to Entering New Markets
Expanding into a new market can be an effective way to grow your business. A disciplined process will help you accurately assess the potential of each growth opportunity.Expanding into a new market can be an effective way to leverage your core business…
Colossal Riches to Rags Entrepreneurial Story
David Siegel, CEO of Westgate Resorts, reveals a few things about why bigger is not necessarily better and how to keep your growing business from crashing.Businesses builders find inspiration in interesting places. In business school, no one gave us a …
Move Fast and Ask for Forgiveness Later
When all other options fail, a company learns to be a nimble competitor.Does your organization move quickly enough in the face of stiff competition? How do you motivate a slow-moving culture to be more nimble?A recent client of ours held a small and de…
Should You Build an Adjacent Business?
As an entrepreneur, you are always looking to build the next thing. Here’s how one successful healthcare CEO is looking to grow beyond her core business.Does your growth strategy involve investing in your core business, or are you better off building a…
