As entrepreneurs, we spend so much energy on day-to-day operations that we often forget something important: you have to be thinking about your exit all the time. When most people hear the word “exit,” they think of selling their company or retiring 20 years down the line. But true exit
I got a call from a business owner recently who told me right out of the gate that he needed a business coach. Most coaches would have instantly gone into pitch mode, eager to close the sale. I asked him some questions instead. In the process, I learned what he
Every four years, millions of us find ourselves glued to our screens. During the World Cup, I spend more time watching soccer than I did in the previous 3.9 years combined. It’s an incredible spectacle focused on the absolute best of the best competing in a single sport. Having been
Recently a big neighborhood garage sale weekend was planned here in Louisville. There was only one problem: the forecast called for a tremendous amount of rain. Some people decided to cancel, while others decided to stay the course. Sure enough, first thing Saturday morning, the deluge happened. Shortly after the
Everywhere you look right now, your feed is likely flooded with ads promising that a new artificial intelligence tool will instantly systemize your business. It sounds incredibly tempting. Creators and software platforms are heavily pushing the narrative that you can use AI-based tools to instantly document your standard operating procedures
When Caitlin Clark hit an unbelievable logo 3 to win a game recently, sports fans everywhere went wild. It looked effortless. But of course it wasn’t. To get to where she is, she’s had to grow and change her game at every new level. It’s much the same in business.
Is your business your retirement plan? Too many business owners count on the final sale of their company to fund their next chapter without truly understanding what the business is worth. Even fewer understand what actually drives that final valuation and sale price. While profitability is the most obvious factor
It is the ultimate paradox of scaling a small business: your top-line revenue is steadily climbing, yet your bottom-line profit is shrinking. Instead of experiencing rapid, parallel growth in both areas, many business owners are shocked to find that their hard work is resulting in incremental revenue growth coupled with
Are you tired of hearing the same old excuses from your team day in and day out? If you are like the majority of business leaders out there, a lack of workforce accountability is likely one of your biggest daily frustrations. The constant proliferation of excuses—explanations for why a project
It never ceases to amaze me how many business owners live in denial. On the surface, they tell themselves, and everyone else, that everything is completely fine. They think their team is fine, their operations are okay, and their customers love them. Yet, beneath that comfortable exterior, a very different
Every day, we are bombarded with news about the latest AI breakthroughs and software offerings. The pace of change is staggering, and it is easy for business owners to feel like they are falling behind if they aren’t constantly chasing the next big thing. While the excitement often centers on
“CEO” is often one of the most misused titles in small to medium-sized businesses. The title doesn’t truly become meaningful until there is a leadership team to lead. But there is a specific moment when the CEO mindset must kick in: when you transition from growth mode to scale mode.
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