Drawing from personal experience and collected wisdom, I see three critical stages every small business goes through: the leap, the growth, and the scale
Instead of streamlining operations, many businesses make costly mistakes by automating broken processes, adding complexity and creating inefficiencies. The key to success? Fix the process first — then automate strategically.
Telehealth is the next big opportunity in direct-to-consumer business, offering higher margins, recurring revenue and less competition than traditional e-commerce.
If you want your business to be successful in achieving its goals, you should never be shooting for perfect solutions, as perfection takes time and is the enemy of progress. You need to keep your business moving at "light speed" with a culture where "good enough" is perfectly acceptable if it helps you win the race.
Adding philanthropy into the cryptocurrency sector could improve its public image, as leaders can take inspiration from philanthropists like Warren Buffet and Ted Turner by making significant donations.
Chad Mumm is reshaping golf's image with Full Swing, making the sport more compelling for a wider audience. He is also capitalizing on golf's pop culture rise with Happy Gilmore 2 and The Vanity Index podcast.
Prioritizing business should never mean ignoring family. Entrepreneurs who give themselves to both will quickly find that success in the one feeds success in the other.
Have you fallen out of love with your business? Has it been replaced by fatigue and even a little bit of apathy? There are a few signs that might signal your "relationship" with your business has changed.