Business Decision Making

“Digital Help” Gone Bad… and Lessons on Adopting New Technology

There was a time when digital had nothing to do with bits and bytes. Yeah, those were the good old days when digital help in medicine meant probing fingers. And it killed US President James A. Garfield. True story. President Garfield was shot on July 2, 1881 by Charles J. Guiteau because, wait for it, Guiteau wanted a consular position in Paris. Yes, I know that makes you … [Read more...]

When to Crowdsource and When to Make an Executive Decision

Leadership is complicated. While a good leader will always solicit and consider input from the team, there are also times when a decision needs to be made quickly and firmly without outside influence. Deciding when to use each of these approaches is one of the hallmarks of good leadership. So, how does a leader know when it's best to crowdsource a decision and when to wield … [Read more...]

How to Make Decisions With More Confidence and Less Stress

From the minute we roll out of bed in the morning, we’re riddled with decisions. How many cups of coffee should I have? What should I eat for breakfast? Should I even eat breakfast? What should I wear? How should I style my hair? What time do I need to be out the door to make it to my first morning appointment on time? And on and on and on. Luckily, most of these are easy … [Read more...]

What is a Mission Statement, and How is it Different Than a Vision Statement?

A mission statement, which is different from a vision statement, defines the purpose and objectives of a company in the present. A mission statement explains why does the company do what it does, for whom and how. Its focus is on the present leading to the future. The main purpose of a mission statement is to guide the day-to-day decision making by defining the purpose and … [Read more...]

Listening to These 3 Gut Instincts May Make You a Better Businessperson

In business, it is easy to find solid, tangible advice on most everything from how to create a high-converting website to the best ways to advertise and promote your business based on statistics and past practices. But what if your head is telling you that you should do one thing, yet your gut is telling you that you really need to do another—even though it isn’t telling you … [Read more...]

5 Steps to Making Better Decisions

This article is one in the multi-part series entitled The Entrepreneurial Mindset. Experts suggest that the average person makes thousands of decisions a daily. This includes deciding things such as what to wear, what and how much to eat, whether or not to answer a phone call or text, and more. As a small business owner, you are faced with an even greater amount of … [Read more...]

Don’t Judge a Book by Its Title

I’ve quite proudly passed on my love of reading to my three young sons. My oldest has recently purchased an Amazon Kindle Fire so he and his brothers can enjoy digital books. One day my middle son, who’s only six years old, with Kindle in hand, approached me and asked, “Dad, how do I spell diarrhea?” Of course, I immediately told him we were NOT doing a word search on the … [Read more...]

An Easy-to-Understand Guide to Creating a Business Plan

As Winston Churchill once said, “He who fails to plan is planning to fail.” While this is undoubtedly true, the plan itself is extremely important as it must contain certain things if you’re going to achieve a high level of success. Things that will blow your competitors away. Things that will help you earn high enough profits to take care of you and your family both now and in … [Read more...]