Resources
Biden’s Chess Move That Could Tame the Economy: A Lesson from Netflix
Upon taking office, President Biden will be faced with more challenges than most American Presidents had to manage during the entire terms of their administrations. Between a dilapidated economy, a weakened healthcare infrastructure, a politically divided nation, and several ongoing wars, the list of priorities could not get any longer. Which of those priorities the…
Read MoreHow Is De-urbanization Set to Affect Small to Mid-Size Companies?
As the pandemic recedes, small to mid-size companies, which bore the brunt of the lockdown, are set to face a new set of challenges: cope with the influx of migration out of the big cities. De-urbanization is not a new concept; however, in light of COVID-19, the debate has taken on new intensity. In an…
Read MoreFive Key Benefits of Using Debts to Grow Your Business
There is no doubt that we will see a boom in entrepreneurship once the lockdown is over. And as this occurs, the perpetual question of what type of funding strategy a business owner should use to grow their business will be back as a constant debate. Over the years, I have spoken with hundreds of…
Read MoreBusiness Planning is Overrated; Strategy and Execution Are Undervalued
As 2020 draws to a close, most of us are probably going through our notes to see what we may jot down as “plans” for 2021. But, as Mike Tyson famously stated: “Everybody has a plan until they get punched in the mouth.” If there is one lesson we have learned in 2020 is that…
Read MoreHow To Keep Your Business In Check
Running a business is similar to operating a machine. It is important to ensure all the pieces are coordinated and working properly. There are seven tools business owners must have in their tool box, which are: 1. Business-Needs Review Everything starts by zeroing in on the factors that make a difference in your business —…
Read MoreHow to Craft a Successful Exit Plan
For most business owners, the eventual sale of their business is an essential part of their retirement plan. Yet, few are aware of the intricacies involved in such an important transaction. In fact, according to a 2015 survey, more than 78% of small business owners rely on their businesses to fund their retirement, which makes…
Read MoreGo or No Go: What Businesses Must Do to Survive in the Post-Pandemic Marketplace
There have been conflicting reports about what businesses must do to survive the post-pandemic world. While no one can predict the future, yet relying on data and past experiences, we can certainly make very educated guesses of its provisions. In fact, in a recent speech, Fed Chairman Jerome Powell did exactly that when he stated…
Read MoreHow to Become a Successful Entrepreneur
Becoming an entrepreneur is one of the most challenging tasks to undertake. Many people have great ideas, yet very few have taken those ideas from conception to reality. Even among those lucky enough to start their own business, an infinitesimally smaller number of them have successfully reaped the fruits of their hard labor. The reason…
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