From the category archives:
Mike will be giving a presentation at the CHA Conference
S117- General Session
Monday, January 30, 2012
9:00 AM – 10:00 AM
Room: 207AB
Who Should Attend: All Member Attendees
Many small business owners in the art and craft industries have felt the impact of the weak economy. Some economists even indicate the Recession never ended. But what [...]
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Continue ReadingIn 2003, Pepsi ran a sweepstakes competition that was mind-boggling in scale. The grand prize was nothing less than $1 billion. Yes billion. The publicity associated with this astronomical prize generated tremendous value for the company. Have you ever wondered how a company can offer such a prize? If so keep reading
Go to the full article: [...]
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Continue ReadingThe role that new businesses play in the success of our economy cannot be overstated. According to a recent study by the Kauffman Foundation, job growth in the U.S. is entirely driven by new companies. Using data from the Business Dynamics Statistics, a dataset compiled by the U.S. Census Bureau, the Kauffman Foundation analyzed both [...]
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Continue ReadingMy friend Eric* has a problem that many business owners face. He has been running his small business profitably for over five years. He hasn’t achieved much growth on an annualized basis but the company generates sufficient cash flow to give him a comfortable standard of living, keep his eight employees [...]
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Continue ReadingMany companies institute polices that help their employees take care of the little distractions in life that can sap productivity. Offering free lunches, complimentary coffee, access to an onsite gym, even dry cleaning pick-up services are far less rare today when compared to 30 years ago. While these programs can help [...]
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Continue ReadingKeeping employees motivated during challenging times is extremely difficult. When the economy is performing poorly it reflects on the overall level of sales and profitability of your business. This in turn makes it difficult to offer raises or other monetary compensation to employees. For top performers, this can be especially frustrating.
Go [...]
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Continue ReadingSony has been going through a very difficult time lately. The fallout from the hacker attack which impacted around 100 million consumers will have long lasting repercussions that could hurt the company’s most valuable asset: its brand. An alliance of powerful hackers known as Anonymous were able to infiltrate the PlayStation [...]
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Continue ReadingWe’ve all heard stories about that guy. He has an idea. He has a little money in the bank. He decides to give it a shot. Fast forward a few years and that guy has a successful company.
Go to the full article: Is The $1,000 Successful Startup A Myth?
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Continue ReadingIn the workplace, people tend to gravitate towards certain individuals that excel in their performance. In many cases they are charismatic people that make others feel good about themselves, push the organization beyond its comfort zone, and are responsible for a significant portion of its success. Sadly, it’s hard to keep [...]
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Continue ReadingSummer is almost here. Most small non-seasonal businesses will experience a decline in activity especially during July and August. This should free up at least five hours per week that can be dedicated to those tasks that seem to sit perpetually on the “to do” list. Many of these tasks can [...]
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I can teach you proven strategies for growing sales and for raising money from investors. I founded EcoFin Media, Trans 24/7 and Proximo International.
