Everyone, it seems, is looking for ‘passive income’ - money you don’t have to work hard for, that simply flows from the ownership of an asset.Read More
“Give me a lever long enough and a place to stand, and I will move the Earth”.
We tend to focus on the lever, but the ‘place to stand’ is just as important.Read More
When you add a manager to a business, you add overhead. So the first effect of hiring someone to replace yourself as manager or supervisor - so you can work on your business instead of in it - is to take a real hit in profitability.Read More
Your business eats you up. It takes all your energy and focus, you worry about it even when you’re not there, so you…Read More
“When you make a company, you make a utopia. Its where you design your perfect world.” Derek Sivers.
As Derek Sivers pointed out – building a business is a creative act, and like imagining a building, or hearing a symphony in your head, or visualising a ballet, you can make it behave however you want it to.
You make the rules.Read More
A common reaction to the idea of writing a ‘score’ for a business is “That’s not possible! There are just too many variations we’d have to account for.”
The trick is not to try.Read More
It is easy to assume that more choice is always better.
Small business owners like us can easily become control freaks. Not because we need to be in control of other people, but because we care about making sure our clients get the experience they deserve, the one we promised them.Read More
What makes us feel free?Read More
Some people think that successful franchises can only be built on a certain kind of business, but there’s a much more interesting way to think of franchising that delivers higher value for everyone.Read More
There are a lot of ways to think about a business – most of which seem to revolve around making money, but it seems to me that the small businesses I know have it right –Read More
How do you eat an elephant?Read More
When you start your business, on your own, or as a small team of people who know each other well, it’s easy to remember why you’re doing the work, and who it’s for. It’s also easy to coordinate what you’re doing together so you’re efficient and profitable.
But once you get bigger than that, some sort of structure is needed, to make coordination possible at a larger scale.Read More
Take away permanent contracts, well-signposted career paths, and guaranteed salaries - what do you get?Read More
I hear a lot from fellow small business owners about millennials and their younger successors, mostly not good.Read More