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Entrepreneurship

Begin with the End in Mind (and other bits of wisdom)

This morning, the St. Louis Business Journal held a networking breakfast at the Missouri Botanical Garden, that focused on “America’s New Economy”.  The speakers were Doug Mueller (president of Mueller Prost, PC) and Michael Forster (managing partner of Sandberg, Phoenix, VonGontard).  It was interesting to hear the perspectives of two leaders of local small business, […]

How To Make the Best Use of Your Time (when you're an entrepreneur)

Last week, I had the privilege of working with a group of new entrepreneurs from the Right Management Fast Trac program, and one of the discussions raised was the issue of balancing time as a start-up.  As an entrepreneur, whether solo or in a group, you are ultimately in control over your own time. This […]

What is Your Time Worth? A Simple Formula

I recently read a book by Dave Lakhani, a business acceleration consultant, titled “Persuasion: The Art of Getting What You Want,” and there was a particular section that resonated with me in Chapter 15, Identify Qualified Prospects.  Here is an excerpt of that section: One of the oldest tricks in a sales manager’s arsenal is helping […]

Expert versus Experience: I'd rather be experienced

Recently, I have started thinking about the difference between an expert and an experienced professional. There may not be much of a difference by definition. I feel that expert is a person who has reached a pinnacle of his or her career while an experienced professional is one who is continuously learning. Last week, Ed […]

Plan your 2010 exit strategy

When an entrepreneur launches a business, part of the planning process involves developing an exit strategy. Sounds odd to decide how to exit a business before it is launched but you need to think long-term, and best and worst case scenarios. Planning an exit strategy for the business made me begin thinking about exit strategies […]

If you don’t have a plan for yourself…

you’ll be a part of someone else’s.”  Which is a saying that one of my network contacts shared with me recently. Over the years, I’ve heard quite a few quotes regarding planning and setting goals, but for some reason, I’d never heard this one before. Which caused me to think, has my life plan always […]

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