Two Minute Business Wisdom

Rational exceptions lead people to ask for not rational exceptions being aked for because you made way for others. Without being cruel, write into policy that exceptions are for extreme and extra special cases and must be reviewed in detail for each instance.

Other than putting a Johnnie Taylor earworm in your head, the story of the old lady at the casino makes a great cautionary tale for a business in the need to hear some down home blues to battle the stress of running low on funds.

Hire talented people to work for you at your convenience. Stop asking people who don't work for you to do tasks for them at their inconvenience. --- My new book, Simple Tips For Business Success: Solid Business Insights Inspired By The Two Minute Business Wisdom Podcast, is available now! https://www.amazon.com/Simple-Tips-Business-Success-Insights-ebook/dp/B0C8F4231C/ref=sr_1_1?crid=8PW9M76JUVF9&...

Another do as a say, not as I currently do very well tip: keep a handle on your business expenses by logging each one daily, then following up wit ha weekly or bi-weekly reconciliation session. Give your accountant a gift as tax season approaches by having less of a headache dealing with your expenses. --- My new book, Simple Tips For Business Success: Solid Business Insights Inspired By The Two M...

A job is a relationship where the power dynamic is not meant to be equal. But a job is hugely comparable with a personal relationship in the way that they have their seasons, and there are plenty of ways to fall into toxicity if you are not careful. --- My new book, Simple Tips For Business Success: Solid Business Insights Inspired By The Two Minute Business Wisdom Podcast, is available now! https...

There are times when as an employer or an employee, you will not be able to generate a compliment necessary to have a feedback conversation using a compliment sandwich. Prepare yourself for very uncomfortable conversations. And by preparing yourself, I mean get ready to call in a lawyer. --- My new book, Simple Tips For Business Success: Solid Business Insights Inspired By The Two Minute Business...

Everyone has great ideas that, with time, could prove fruitful as a business. But starting a business requires more than just a great idea. Without resources and capital now, that idea could quickly fade away. --- My new book, Simple Tips For Business Success: Solid Business Insights Inspired By The Two Minute Business Wisdom Podcast, is available now! https://www.amazon.com/Simple-Tips-Business-S...

Consistency is a crucial component to making money in business. You have to keep doing what is necessary to be successful day in and day out. This will create long-term positive habits that will help you make money in the long run.

Consider trying a software-as-a-service (SaaS) tool to increase the efficiency of our organization. Or at least a simple online spreadsheet.

Your ability to maintain a successful and profitable business is a superpower a typical human does not possess. And with your ‘great power’ comes the great responsibility to maintain a high level of service for your customers. Your actions can ‘save’ the days for many of your customers and inspire those businesses you share customers with to up their service game.

Inspired by the quote from Kevin Rose, “Don’t let others convince you that the idea is good when your gut tells you it’s bad.” When you know your business has no need to jump on a trend, but people think otherwise as they see instant dollars now, fight the urge to succumb to the crowd.

There are way too many factors to take into account when starting a business and then maintaining that business to some level of success. But a key factor that have the greatest impact in your start come for the answer to the question, “Is this idea even any good?”

Taking calculated risks will help your business grow. Taking risks for your love of gambling will catch up to you sooner rather than later. Know that the risk of being smart about the timing of starting your business is just the first reward you can claim.

Celebrating both my love for business analysis and the classic tabletop RPG Dungeons & Dragons, I’m asking you to take a look at your Business Alignment System and roll the dice on doing Chaotic Good.

You must study and learn from your competitors. What they may be doing right or wrong, or in line with the market and contrary, makes a difference, and figuring out what may or may not work for you based on the lessons learned from others, even direct competitors, is always helpful.

Successful business people can only reach a level of achievement by putting in the blood, sweat, and tears (plus plenty of time, money, and crushing defeats) it takes as your 'down payment.' How much sacrifice you will make early to reap any benefits later makes a real difference.

Just because you have the skills to do a job and may need the work, it doesn't mean you will be inspired to finish the jobs you will have to work to find if you start a business around them.

The difference between an amateur and a professional is easy to distinguish in the world of sports, and it is just as easy to see in the world of business when you compare full-time work to side-hustle gigs. Don't rush to advance if you are not ready to give up your 'amateur' business status.

A successful business keeps detailed records, making it much easier to pull information from the past to answer questions you don't know will be asked in the future. Get in the habit of keeping good records from the initial kick-off of your business.

Your limited time, energy, and resources matter when you give them up to bring more customers to your business. You need to keep an eye on waste and ensure you are advertising to the right crowd to get you the maximum number of new and repeat customers.

This will be good for you as an employer for what they can accomplish while working for you and for goodwill as they find new places to shine beyond your storefront.

Unless your aim is to deal with antiquities and fine art, you want your customers to come through your doors as frequently ass possible. You’re not trying to sell exquisite or unique things. Your inventory should be ‘good enough’ to differentiate from the completion and become a top choices for your customers when they are needing a similar item or quick fix.

Do you want to dominate conversation in your niche or passively advertise and just be able to tap into the stream every so often? Its all about how you want to play the social media game, not how many hours your social media manger can try to bill you for.

Your 'business' may not and may never be profitable. This might be a good thing.

The key to being a great salesperson is understanding what problems the goods or services you sell can solve for a potential customer. And to not sell to a customer that will get no utility from your goods or services.