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 […]

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 […]

Building a Better ‘First-Time Entrepreneur’

This week I talked with an entrepreneur (no names; no pack drill!) who isn’t happy with the speed with which their business is progressing (come to think of it I’m not sure I’ve ever met an entrepreneur who was happy with their speed of business progress [superemotions file=”icon_biggrin.gif” title=”Big Grin”]) – and, actually, my conversations were […]

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 […]

I want my business to grow. What should I do first?

There’s a lot of advice out there for entrepreneurs and small business owners – “make sure you have a strategic plan”; “write a business plan”; “you need a sales & marketing strategy”; “you have to execute”; “you need a great team”; and on and on.  As with most advice there is usually a kernel of […]

Why You Need A Written Description of Your Business (Part 5)

Welcome to the final part of how to write your first business summary. After the introduction (Part 1), we covered Market Opportunity/Problem, Our Solution and Business Model in Part 2; Markets & Channels, Competition, and Our Advantages in Part 3; and Risks, Key Metrics & Financial Projections, and Team Bio’s in Part 4. In wrapping […]

Why You Need a Written Description of Your Business (Part 4)

Welcome to Part 4 of how to write your first business summary. After the introduction (Part 1), we covered Market Opportunity/Problem, Our Solution and Business Model in Part 2, and Markets & Channels, Competition, and Our Advantages in Part 3. Seven more sections to cover; so today we will look at Risks, Key Metrics & […]

Why You Need a Written Description of Your Business (Part 3)

OK, time for part 3 in my description of how to write your first business summary. In the previous post, I discussed creating your initial sections Market Opportunity/Problem, Our Solution and Business Model. Having described the opportunity you are addressing, with what product/service, and how you intend to make money, its now time to discuss […]

Why You Need a Written Description of Your Business (Part 2)

In my previous posting (Why You Need a Written Description of Your Business (Part 1)) I told why, in my opinion, you need a written description of your business as early as possible in the dream or kick-off stage of the development of your business. I also introduced the outline of a template that you […]

Why You Need a Written Description of Your Business (Part 1)

Are you (or do you know) an entrepreneur that is just beyond the initial idea phase and is now working on fleshing out the concept and attracting the right players (potential partners, suppliers, customers, future employees, investors, etc.)? If you are and were asked to describe your business concept to one of these potential players, […]