With most emerging technologies, the hype is bigger than the reality. A welcome exception is cloud storage, which is enabling many organizations to achieve major economies of scale and greater...
Most investors will tell you that when listening to a pitch for investment money, the one aspect that's as important if not more important than the product or service the...
Many entrepreneurs ask me about the best way to approach an investor to seek funding for their business ideas. This is an extremely important question, but you would be surprised...
For your employees, one of the best things about completing a long or taxing project is presenting it to you and getting your endorsement, along with a compliment for a...
All companies are concerned with failure and are hesitant to fail, but often it's through failure that a company can grow and be stronger. History is filled with businesses that...
One thing that seems to be consistent in business—regardless of industry, size of the business, or market share—is that the first attempt at something may not always work as planned....
Businesses have about 90 seconds to make an impression online. With so much riding on brief encounters, many organizations incorrectly assume Web design will be a complicated and drawn-out process...
Powerful visual presentations with great charts and graphics can make all the difference. They are critical to winning new business. They reinforce your brand and build your reputation. Visuals can...
Through the economic downturn, a majority of business owners lost wealth in the form of business value and at least as many lost personal wealth in the stock market. For...
Business leaders I talk with are perplexed—even agitated—by the attitude of entitlement that seems to have overtaken the Millennial generation (those born after 1980). To get a first-hand look, I...
With more than 276 million mobile subscribers in the U.S., the mobile marketing opportunity is real and it's here for your company right now. But as you consider how your...
The eyes of the mobile world are focused on the battle between Google and Apple. While many of us are busy comparing device features and the depth of App Store...
During challenging economic times, companies often struggle with pricing strategy. While pricing may seem simple, the strategy behind it can be very involved. Here are a few tips to consider...
As businesses evolve, so does business-critical information—both in make-up and volume. The economy may be stalling, but the rate at which it churns out data is not. IDC estimates that...
In business and in sports, having great players at every position can make the difference between success and mediocrity—and even failure. Not all companies are positioned to attract the best...
If there’s any work environment that teaches you how to remain cool and collected under pressure, it’s a trading desk on Wall Street. With millions of dollars at your fingertips,...
While the U.S. government has made investments to help buoy the economy, small business owners know they must find ways to control their own business viability. One such way is...
It is important to make sure you have the right processes and core components in place to ensure that your business will not just survive but flourish in the coming...
After tackling a program, project, or business development problem, try a different approach to evaluating your efforts. Revert to the manufacturing mantra: input, through-put, and output. Assume, for example, your...
While not every company has to work on recession-proofing its business, all businesses should look at ways to maximize what they do and how they do it. The time has...
No one individual has all the necessary talent, skills, resources, or time to do everything. Very often your staff will need to work in teams, if only temporarily, in order...
One of the central challenges facing small business owners is how to keep ownership of the business in the family. Studies have shown that less than a third of small...
Bootstrapping, the practice of avoiding external investors when building your business, is a popular approach for small business owners who are seeking to circumvent the current credit crunch. Here are...
Want to improve the way you run your business? Entrepreneurs, academics, and consultants from diverse industries offer practical advice on a variety of topics each business day.
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