Small Business Entrepreneur

business bureaucracy - An empty office.

How You Can Apply Lean and the 5s to Obliterate Business Bureaucracy

Business Survival Guide, Entrepreneurial Insights /

How can you reduce bureaucracy while dramatically increasing productivity in your startup or business venture? Listen to “How to Reduce Bureaucracy in Business by Adopting Systems Thinking” on Spreaker. Is there a solution that can be used in multiple situations? Yes. In a nutshell, combine the Lean Management System, the 5S Method, and Systems Thinking. […]

How You Can Apply Lean and the 5s to Obliterate Business Bureaucracy Read More »

First business lessons for entrepreneurs: Open the black box of your business.

8 Time-Tested Business Lessons for Entrepreneurs from a Legendary CEO

Business Survival Guide, Entrepreneurial Insights, Lessons from Entrepreneurs and CEOs /

This article is just the first of a series with business lessons for entrepreneurs from legendary CEOs and founders. For the next articles, remember to subscribe (for free!) to my list here. Listen to “9 Business Lessons for Entrepreneurs from a Legendary CEO” on Spreaker. If you are reading this on a computer, there is

8 Time-Tested Business Lessons for Entrepreneurs from a Legendary CEO Read More »

where to find business partners - a cold beer poured.

The Ancient Art of Finding Business Mentors over a Cold Beer

Business Plan Guide, Entrepreneurial Insights /

Forging enduring business alliances in unusual places. This is the first article of a series about how to find business mentors. To receive the next ones directly in your e-mail, subscribe to our list for free here. Entrepreneurs frequently leave their home country. The unpredictability and difficulty of beginning a company in an unknown environment add to

The Ancient Art of Finding Business Mentors over a Cold Beer Read More »

target and arrows - competitive analysis in business

Never Write a Competitive Analysis in a Business Plan without These 3 Questions

Business Plan Guide, Entrepreneurial Insights, How to Deal With Competitors /

This is the first article of a series about Competitive Analysis in a Business Plan. To receive the next ones directly in your e-mail, subscribe to our list for free here. It was a brisk Sunday afternoon in Warsaw, Poland.  At the main square of the city, my wife and I met her parents for a

Never Write a Competitive Analysis in a Business Plan without These 3 Questions Read More »

Systems Thinking Benefits for Small Businesses

The Shocking thing about Systems Thinking Benefits for Small Businesses

Business Survival Guide, Entrepreneurial Insights /

This is the first article of a series about Systems Thinking Benefits. To receive the next ones directly in your e-mail, subscribe to our list for free here. During high school summers, I worked for a local company.  They had an incredibly high employee turnover rate — defined as the percentage of workers that quit during a certain

The Shocking thing about Systems Thinking Benefits for Small Businesses Read More »

Chess Game - Business Survival Strategies

The 5 Imperatives of All Business Survival Strategies

Business Crisis management, Business Survival Guide, Entrepreneurial Insights /

These 5 little words helped my business to survive the 2020/21 crisis. This is the first article of a series about Business Survival Strategies. To receive the next ones directly in your e-mail, subscribe to our list for free here. I have one word of encouragement for you if you’re a business owner in the travel

The 5 Imperatives of All Business Survival Strategies Read More »

Smiling florist - great customer service skills

The 6 Essential Traits That Build Great Customer Service Skills.

Skills to Be a Entrepreneur /

This is the first article of a series about great customer service skills. Subscribe here (for free) to receive the next ones! Listen to “To Have Great Customer Service, You Must Master These 5 Service Industry Skills” on Spreaker. During my time in the corporate world, I was often involved in the selection of new

The 6 Essential Traits That Build Great Customer Service Skills. Read More »

Girl with a laptop. PEST Business Analysis

Use the PEST Business Analysis to Grasp the Local Entrepreneurial Culture

Business Plan Guide, Entrepreneurial Insights /

What Is the PEST Business Analysis Listen to “Entrepreneur Decision Making Tools – Use NOW the PESTEL Analysis for Small Business” on Spreaker. PEST is an acronym for political, economic, social, and technological. These four factors make up a business’s external environment and can affect a company’s performance. This is especially true for small businesses, which

Use the PEST Business Analysis to Grasp the Local Entrepreneurial Culture Read More »

what is the best age to start a business

What Is the Best Age to Start a Business? The Answer from a Billionaire

Entrepreneurial Insights, Lessons from Entrepreneurs and CEOs, Skills to Be a Entrepreneur /

Before jumping on the straight answer about the best age to start a business, some context. Once I saw a CEO from a prestigious technology firm complaining how young professionals unrealistically expect dizzying ascents up the corporate ladder at the start of their careers.  These are folks who have received two or three promotions in

What Is the Best Age to Start a Business? The Answer from a Billionaire Read More »