When A Storm Comes To Town

Wall Street loves “events”. An event in their context might be a CEO saying something incredibly stupid that affects the stock price, gets the CEO fired, or both. A good example is the Lululemon CEO’s yoga pants comment back in 2013. If something good happens, they usually see it as a reason to buy, except […]

Ask questions while the answers still matter

Back in November 2017, my wife hit a deer at 70 mph on a four-lane road on her way to work in the pre-dawn hours a few days before Thanksgiving. The events that followed provided a number of takeaways for business owners, in addition to pointing out the importance of asking questions while the answers […]

Why would you want remote employees?

A friend who owns a manufacturing business recently decided to hire a remote software developer – his first remote employee. He asked if I had some advice for managing remote employees as he knows I’ve done so. In fact, I’ve managed remote team members in some way, shape or form since 1998. While the folks I […]

What would they do to put you out of business?

When I asked “What would they do to put you out of business?“, you probably wondered who “they” are. “They” might be someone whose expertise in another market tells them yours is ripe for the taking. “They” might be a competitor you already have, or someone new to the market who doesn’t know any better. […]

Repercussions for the things we won’t do

If you register a new website address these days, you’ll receive plenty of unsolicited email & cold calls from people dying to create your website. While I appreciate the hustle, these messages & calls are the same for everyone (register two domains if you need proof). Is lazy hustle possible? If so, this is it. […]

What does freedom mean to business people?

When you ask business owners why they started their company, you frequently hear these words: Freedom and opportunity. Opportunity tends to have a narrow definition. Someone sees potential in a market and goes after it. Opportunity may also mean the ability to make more than they could make at a job. Freedom’s meaning seems to […]

Do towns benefit from building 2 pizza teams?

What’s the big deal about building an environment that creates the ideal conditions to form a two pizza team? Having startups to talk about at the Chamber lunch is exciting, but this isn’t about improving your cool factor. Improving the finances of your town’s families is important, but there are bigger benefits that affect everyone […]

Your town can fuel the rise of two pizza teams

Last time, I noted that Amazon received no HQ2 (second Amazon global headquarters location) proposals from communities in a number of rural states. At the time, I noted that the decision to pass on that opportunity was a well-considered choice. More importantly, I asked the following question: What would the impact be if your community had […]

Do rural communities need Amazon HQ2?

After Amazon announced they would be building a second headquarters somewhere in the U.S., they received a predictable flood of urban tax incentives and offers of “Take my community, please” (apologies to Mr. Youngman). 238 of them, in fact, because few companies can say they’ll bring 50,000 jobs to a community and back it up […]

Why your growing company needs to work slower

You might have seen last week’s discussion of automating administrivia and clerical work simply as a systemization of the E-Myth. That’s fair, but remember that the goal was to reduce cognitive load on focus workers. We didn’t eliminate ALL administrivia and clerical work – and you can’t. Discussions on scaling a growing company rarely cover the […]