In my line of work I encounter many entrepreneurs, a lot of whom are serial entrepreneurs. I’ll share a few of my key findings based on their experiences starting businesses. As you read these tips, consider the actions you can take to positively impact your own business. 1. Start now I hear business contacts and [...]
Posts Tagged ‘contingency plan’
4 Tips to Start Your Own Business
Posted in An Ally's Advice, tagged business, contingency plan, entrepreneur, Start a business, take risks on May 8, 2012 | Leave a Comment »
The Importance of Preparation as Taught by Benjamin Franklin and Alexander Graham Bell
Posted in An Ally's Advice, tagged Alexander Graham Bell, Benjamin Franklin, Business Plan, contingency plan, Minnesota, Orlando, preparation, success on March 5, 2012 | Leave a Comment »
Before anything else, preparation is the key to success. – Alexander Graham Bell I’ve recently seen some rather poor planning, and I want to take a moment to emphasize the value of preparation. The initial preparation-based document of most businesses is the Business Plan. You know, that document that your angel investor, banker, spouse, partner, [...]
It’s 2012: Let’s Roll Up Our Sleeves and Get to Work
Posted in An Ally's Advice, tagged 2012, contingency plan, ensure continuity, financial quarter, innovate, long term planning, New Year's Resolutions, short term planning, taxes on January 2, 2012 | Leave a Comment »
Happy New Year, everyone! I want to welcome you and your business to 2012. Unfortunately, in business we can’t just say, “Well, it’s a New Year. All from last year is forgotten. Here’s a totally fresh start. Yeehaw.” (Presumably, the yeehaw would have an exclamation point at the end, but that’s somewhat challenging in this [...]
5 New Years Resolutions for Your Business in 2012, Part 2
Posted in An Ally's Advice, tagged 2012, Banking relationships, Business Plan, capital, cash flow, contingency plan, New Year, payroll, Succession Plan on December 16, 2011 | Leave a Comment »
When was the last time you looked at your business plan? You remember, that thing you made so many years ago to ensure that you knew what you were doing and that everything was thought through? Wait, you did make one didn’t you? If so, great – pull it out. If not, I’m not going [...]
Is Optimism Essential? Yes – But Bolster It with Realism
Posted in An Ally's Advice, tagged Business Plan, business quote, contingency plan, demotivational poster, motivational poster, Nicholas Murray Butler, optimism on January 28, 2011 | 2 Comments »
Optimism is essential to achievement and is also the foundation of courage and of true progress. – Nicholas Murray Butler I certainly can’t disagree with the value of optimism. You need to believe that what you’re doing is going to work or it’s going to be very hard to do anything. So, yes, be optimistic. [...]
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