This is one of my favorite business lessons. Told well by Peter Greulich. IBM had survived The Great Depression. Gambling on a post-war boom, Watson Sr. had maintained IBM’s employment levels by increasing inventories when there was little demand. Excess machinery and...
Lemonade Day Indianapolis is May 20, 2017. If you have or care about children and their futures, here is what you need to do: Watch this video – comment and share Learn more about Lemonade Day Indianapolis or other Lemonade Days GET...
Hard Truths Let’s start with two truths that are difficult, but important for entrepreneurs to hear: Only 1 out of about every 10 startups goes on to become a functioning company. The biggest reason that startups fail is because they build something that no one wants...
One of the many talents that successful entrepreneurs possess is the ability to use what they have to get what they need to start and sustain their businesses. Since early-phase entrepreneurs often lack cash, some variation of the question “can I pay for this with...
One of the greatest challenges for any entrepreneur is delegation: giving responsibility for some key part of growing the business to someone else. The analogy is hackneyed, but accurate: we think of our businesses as our children, and no one can take care of our...
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