Why Do You Need an Operating Plan?
The Lonely Entrepreneur2018-09-09T10:36:22-04:00Without an execution strategy, the rest of your plan is meaningless.
Without an execution strategy, the rest of your plan is meaningless.
Forecasting business revenue and expenses during the startup stage is really more art than science.
Imagine that the date is five years from now. Where do you want to be?
Think you are being clear? Probably not.
Companies always talk about instilling these behaviors but don't know how.
A business plan can include whatever information you feel is required to best convey how you are planning to make your business sustainable.
From our The Lonely Entrepreneur family to yours - Happy Labor Day!
Being the CEO of an established company is hard enough, but being the CEO of a developing business is the ultimate baptism by fire.
Start today by making the commitment to being a more unemotional, deliberate and thoughtful leader.
There is no investment that you can make that will do more to improve productivity in your company than a training program.
Test your idea against at least two variables: Financial and Lifestyle.
Taking the time to validate the viability of your idea is a critical step in being a good entrepreneur.
Before you attempt to change the world, you should take a hard look at your company to get a clear picture of its purpose and place.
Does it really matter if we get out of line every once in a while? For the most the part, we can say, “no harm, no foul.” Except for these “Deadly Sins”
Managing yourself will help you build a better product to serve customers, employees, investors and you.
If you focus on your present to-do list, you offer yourself the remarkably satisfying and motivating experience of completing the tasks before you.
Goal setting is not a nice to have - it is a fundamental behavior that has to drive your company behavior.
Saving money using a few of these tips is easier than you think.
Process is key to improving your collection process to expedite payments and maintain control over your cash flow.
Billing efficiently is a key step to maximizing your cash collections.
Before you sign on your first customer, you need to have established your policies and procedures for payment terms and methods.
A simple letter of intent can reduce your time to receive payment from months to a couple of days.
Identifying where your skills can be supplemented or complemented can quickly accelerate your company’s growth.
How do you truly engage your people so that they are not only productive, but deliver at a level which far exceeds your expectations?
So how do you change your perspective from how you feel now—reactive, emotional and like you never have time to think—to unemotional, deliberate and thoughtful?