Blog

What are the Most Common Business Expansion Strategy Mistakes?

Business expansion can be a big undertaking, but it can also be a great way to grow your company and take it to the next level. Just be sure to avoid these common mistakes so you can set your business up for success. Be realistic about the risks and challenges involved in expanding your business.…

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Is Micromanagement and the Fear of Losing Control Stifling Your Business Growth?

Over the last 35 years, I’ve scaled 10 companies and helped thousands of business owners do the same with their businesses. During that time I’ve noticed that most business owners struggle with one very crucial thing: Letting go of micromanagement. I get it. When you’re used to wearing all the hats in your company, it…

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Overcoming the Fear of Making Decisions and Taking Action to Grow Your Business

Making decisions is a key part of running a business. But what happens when we struggle to make decisions? We often analyze them to death, and then never take action. Or we make choices out of fear instead of out of what would be best for our business. Indecision can have several consequences, both for…

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Scaling a Business is All About Sales

What do you suppose is the very first thing you should do every single day at work? Focus on sales, that’s what. The first three hours of every business day must be focused on sales (unless you have a sales team, and then it’s a 24/7 deal) to generate cash flow that can help safeguard your…

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The Truth About Cash Flow

Steel yourself for this: cash flow issues can happen to any company of any size at any time. I don’t care if you’re a $500,000 business or a $500 million business, at some point you will go through a cash flow crunch and need to have a backup plan at the ready. A lot of…

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Yes, You Deserve Success

This may be hard to believe, but many business owners—who seem strong, powerful, and domineering on the surface—don’t feel as if they deserve success or to take their company to the next level. As outrageous as it may seem, they seem to think they were “lucky” to get as far as they have and at…

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Rules of Thumb Every Business Coach and Mentor Should Consider

Every interaction with your employees is an opportunity for you to demonstrate by words, actions, and silence (if you are in listening mode) that you are a great leader, business coach and mentor. You should always be looking for opportunities to show appreciation to your employees by praising them, implementing and acknowledging their ideas, rewarding…

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The Wealth Mentor’s Formula to Creating True Financial Freedom

If you’re like most ambitious entrepreneurs, you dream of a life where you have the financial freedom to do what you want, when you want – and the time to actually enjoy your success.  To achieve this lofty goal, you know you need to focus on building your personal wealth. But you may not know…

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Work on Your Mindset to Scale Your Business

Can you identify the #1 problem you see standing between where you are now and where you want to scale your business? Is it cash flow, sales, culture, your team, your leadership, or something else? No matter how successful your company is now, I guarantee that you have work to do on your mindset at…

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