There’s safety in numbers.” Particularly in certain numbers. If you are a small business manager, take a break from reviewing KPIs, studying Google Analytics data, or analyzing financial results. Consider, instead, the importance of these five, simpler numbers:...
The internet is a great place for sharing information. And misinformation. I hear small business myths all the time. Bogus “facts” about running a startup that are repeated endlessly online. Here are some of my favorites. Business Plans Are No Longer Needed...
Were the US Government to present at a business plan competition it would have a difficult time explaining why it has failed to properly invest in its sales department (read: revenue-generating agency), the Internal Revenue Service (IRS). I ask you, who else still...
Here’s some news from Newton’s Third Law department. You remember it: For every action there is an equal and opposite reaction. I recently received Worldwide Local Connect’s 2021 unemployment insurance tax rate notice from the Massachusetts Department of...
In less racially enlightened times the description, “too many chiefs and no indians” was used to describe a top heavy management team or work situation. While I would not recommend using this particular phrase today, entrepreneurs would do well to mind...
An entrepreneur recently told me that his food industry startup was about to close its Series A investment round but would make room for me were I interested in participating. I was intrigued. So, I asked for a copy of the term sheet . . . which did not arrive for...
