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Frustration is all around these days as many businesses struggle to get customers in. ADVERTISING does not work.jpgAdvertising can sometimes be black hole that simply sucks the money out of a business with no return.  Therefore, it is not uncommon for business owners to feel that they may be better off not doing any advertising or marketing. Are they right?  We will explore this question and find the real answer to the advertising black hole problem.
 

Even if you have never been into sports most business

professionals have heard of Wooden.jpgand admired Coach John Wooden. On June 4Th 2010 the world lost this great basketball coaches and wise leader at the age of 99.  Fortunately we still have access to his ideas and strategies that can help any business owner succeed.

There is an old saying that I have always

Thumbnail image for World cup Logo.jpgliked, " It aint over until the fat lady sings".  This is as true in sports as it is in business.  It is so easy to prematurely give up when the odds appear to be totally against us. The annals of business are full of stories of small, new, and under capitalized companies being able to overcome the efforts of multinational corporations.

These days staying ahead of the competition and market changes is necessary to the very Photo group main page.jpgsurvival of the business. Just being good is not enough and mediocrity spells certain death for any business who allows it to occur. So, how can a business owner make sure that they are on top of it all? One way, is by making sure that a business owner surrounds himself/herself with like minded successful business owners.
 A new study published in the science journal Nature states that there is Brain Power.jpgno empirical support to show that using those computerized brain training programs actually improve overall cognitive functioning. The study followed 11,430 participants over six weeks using the cognitive  training tasks claimed to improve such things as reasoning, memory, planning, and attention. 

In the previous post, How Credit is Effecting Your Business, we discussed how the credit crises has changed the way that business owners are operating.  We also discussed the value of knowing the true FICO score and where to get it.

Silver lining.jpgSure there are more things to deal with now than before as a result of the fear that many vendors have. For example only a few short years ago it was not necessary for principals or executives of a business to have to provide their personal credit information when applying for credit or services for their businesses. Today, it is a totally the opposite and many times it is very common for vendors to require a credit check of the company's executives.

These days every business owner is out there making sales calls to drum up business. 
Sales Unnel 2.jpgThe conventional wisdom has been that the more prospects we call on the better. This has been known as filling up the sales funnel. This approach needs modification if entrepreneurs want to thrive and grow their business

It seems that these days just about anyone who is in the public eye is NoNegativity.jpgconstantly being watched closely. The public and the cameras are watching not only what we do but what we may even whisper.  Case in point is what happen a few days ago as U.S. VP Joe Biden recently dropped the "f-bomb" in a comment... not realizing that his microphone was still on.

wired_fail.png
Are you in active in your industry's trade organizations? Have you frowned upon business groups with members in unrelated industries?

We often hear from folks after exposing them to a successful strategy in a different industry the technique "won't work in my industry."

Earlier today I read an interesting article in the latest edition of Wired Magazine about The Science of Failure and they had an fascinating story about a group of lab scientists that I think you'll enjoy.

What do lab scientists have to do with your business? Read on...

On this new year eve we are looking to celebrate not only the new year but the start of a new decade. This is a good time for us to take a look back and see what we have achieved these last 10 years, and also look forward to the next period in our lives.

economy.gifIn this post we will take a look at where we stand now economically speaking and what 2010 has in store for us given the current state of the economy. We will also take a brief look at the opportunities that are now present and some that will shortly be appearing.  So let's jump right into it.

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