Like many small business owners, I'm the primary bread-winner in my family. So I recently decided to purchase life insurance so my family would have one less thing to worry about if I die sooner than expected. Other than filling out the questionnaires, selecting the right policy amount and terms, …
Business Advice Articles and Interviews (tag)
#1 Piece of Advice from Other Small Business Owners
If you’re anything like I am, you look at some of the successful small business owners you know and wonder how they’ve managed to grow their companies into what they are today. Specifically, you think about what they know that you might not when it comes to owning and operating a business that can …
Don’t Confuse Motion for Progress
My 2-year old likes to take her blocks out of the bag and stack them on the floor. Then when the bag is empty she reverses the process and carefully places each block back in the bag. Then she starts again. She sometimes keeps herself quite busy. And from a distance it looks like she’s accomplishing …
Shop By Value, Not Price
Shopping by value involves a balanced approach that considers both what you're getting and what you're paying. It's common for me to ask prospective clients if they are shopping by price or by value. If they say price, I tell them we probably aren't a good fit. Why? For two distinct reasons. First, …
Respond to Email Quickly, But Don’t Trick Yourself
It’s important to respond quickly to emails from clients, vendors and partners. However, I’ve noticed lately that a few people are tricking themselves into thinking they have satisfied the original email’s request, when in fact they haven’t. As a result they drop the ball. I call this the “checking …
Pay Partners Instantly
That’s what we do at Modmacro, and our partners appreciate it. Sometimes I ask for work to be completed with a quick turnaround, and in response, it only seems fair that I pay for their work just as fast. After all, once they have completed the work, why should they have to wait to get …
