No Time to Develop Process? Think Again!!

A number of years ago a new client responded to my question “can I see last year’s financials?” by handing me the check register for his business checking account.  Ignoring some other issues (many?), this is indicative, to me, of a problem that many individuals have when they start their business – they don’t put processes […]

Pivot!! Make Your Decisions Quickly

Those of you that know me, or have been following my Business Execution blog, know that I am a big proponent of planning – both strategic and tactical.  So, how can I now be advising you to make your decisions quickly?  Doesn’t that fly-in-the-face of taking the time to think things through and plan? Let me […]

I’m a Square!!

Yes, I admit it … but probably not in the way you are currently thinking.  The Square in my title is the credit card reader/application/service that I use for taking credit card payments – so maybe the title should be “I’m a Square user”!! Earlier this week I was discussing with someone why I started […]

Can money make you stupid?

Last week I talked about the new JOBS Act making “equity-based crowd funding” legal; and how I believe it is a good thing for startup funding.  So this week I thought I would talk about a potential pitfall for the entrepreneur from this “easy money”.  I’m ignoring any pitfalls that may be introduced by the […]

Equity Crowdfunding – Just Around the Corner

On Tuesday (March 27th), the U.S. House of Representatives approved the Senate’s version of the “Small Business Capitalization” amendment to the JOBS (Jumpstart Our Business Startups) Act.  This amendment allows small businesses to use equity-based crowd funding to generate investment into their businesses. This doesn’t open the flood-gates and create some kind of fund-raising free-for-all […]

Small business – the engine of the US economy?

Politicians and the media like to spout what seems to be conventional wisdom that “small business is the engine of the US economy” and that these businesses create the most jobs.  But is that so? One of the criteria describing Collaborative Xceleration’s target market niche is “small companies looking for exponential growth”.  So, recently I’ve […]

Focus on Your Strengths

Over the last couple of posts I’ve been discussing the importance of building a good team, with different kinds of players with different skills.  I heard a story this week that I thought made the point from the other side of this picture; i.e., why you shouldn’t try to do everything and why you should […]

Who on your team can you get naked with?

In my last post I discussed the importance of building and managing teams to help accelerate the progress of your business. This week I was reminded of one of the type of team members that is often overlooked by entrepreneurs and small business owners.

Lessons from Facebook for Entrepreneurs

So the big financial news this week was that Facebook filed it’s IPO.  On Thursday, if you watched the financial news channels, you might have been forgiven for thinking there was no other financial news that day. As I listened to the news reports and read the articles in The New York Times, I was […]

Business planning, not business plans

I usually cringe when I hear an entrepreneur or small business owner talking about writing (or worse, being told to write) a business plan.  The reason I cringe is that, too often, what people mean by “business plan” is some 30+ page Word document that no-one will ever read and which will end up as […]