Respondents to our 2018 Confidence and Clarity Survey expressed a strong likelihood to add new products and enter new markets this year. The corollary to that was that they also said that it was highly unlikely they were going to abandon any markets. This post is about why you should strongly consider abandoning your best...Read More
You do it. I do it. We ALL do it. But should we? Whether it is the distraction of phone calls, emails, or checking texts or Facebook on our iPhone, we always seem to be doing two things at once. However, scientific studies have shown that we are not really doing two things at once. ...Read More
Choose 3 things that made you better in 2017 and focus on how you can improve on those. Choose 3 things that hindered you in 2017 and determine to eliminate those in 2018. Get up 30 minutes early. Implement The Miracle Morning. http://bit.ly/2ku1dyr I highly recommend the program ManicTime for tracking your time and productivity. It’s awesome....Read More
Some of you may be driving for the holidays so I thought I’d share some of my favorite podcasts with you. You already know I like to read (check out my latest book reviews here), but I’ve been driving a lot lately so I recently decided to explore podcasts as a new learning tool. Before...Read More
The client had second thoughts. He was in the middle of selling his business. Nondisclosure agreements were signed, due diligence was conducted, and her had obtained consents from the vendors and landlords. Then I received an urgent call from the client, “I need to sit down and talk to you right away.” Twenty minutes later we...Read More
That’s it… I’m stopping cold turkey. No more Twitter. I’ve been trying to be more active on social media, reach out to my clients in new and unique ways (at least for me), but Twitter is just one tool that I’ve given up on. Yes, I announced with great fanfare not too long ago that...Read More
We live in a global economy. But that doesn’t mean that you want to travel halfway across the globe if there is dispute with one of your contracts.Read More
When my client decided to sell her business, she thought most of the issues would revolve around agreeing on the ultimate purchase price, and minimizing any claims the Buyer could make against her after the sale. However, it turned out, lease issues posed the biggest problems.Read More
As you know, I’m a big advocate of succession planning, and have tweeted, posted on my social media accounts, and blogged about this topic here and here. However, I still find that well over 75% of businesses in Detroit have failed to implement a comprehensive succession plan. That’s why I was excited to talk to...Read More