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Many of us have product ideas that occur to use occasionally. But not all ideas are worth making into reality. Some are marketable and sellable, while others are not. Creating a new product can take a lot of time, money, and effort. So before you go down that road, you …
5 Tips for Knowing if Your Product Idea Will SucceedRead More »
Your business costs can change dramatically over the months. Your vendors may boost their prices, you may need to spend more on tools, software, employees, and more. Evaluating your business costs, at least every six months, will keep you aware of how your costs are changing over time and what …
The WholeLife Matrix is a chart that illustrates the four main areas that affect our lives and businesses. These areas include financial viability, relationships, health/ well-being, and personal awareness. In the chart, these main areas are displayed, and subsections of each area are also shown. For example, a subsection of …
Making $1MM Using the WholeLife Matrix in Your BusinessRead More »
Would it surprise you if I said the more breakdowns, the better? A breakdown is something that prevents a result you want to happen from occurring. The more breakdowns you manage well, the more successes and breakthroughs you will experience – and the more you will grow. Larger companies have …
WholeLife Matrix: Financial Viability – Marketing / Sales “Chase the vision, not the money, the money will end up following you.” —Tony Hsieh, Zappos CEO” Starting a new business is an exciting time. But as the business unfolds, business owners can face a variety of challenges. By knowing how to …
Matrix Key: Financial Viability – Production and Delivery – Resources “The waste of plenty is the resource of scarcity.” – Thomas Love Peacock It should be no secret to business owners that in these challenging economic times, managing resources well is essential to being profitable. In the Financial Viability …
Matrix Key: Financial Viability – Production and Delivery – Measurements of Performance “In God we trust…all others bring data.” – W. Edwards Deming In business, you can’t just amble along and hope that things are going OK. The only way to measure your success is to do just that, measure …
Matrix Key: Financial Viability – Production and Delivery – Team “Individuals don’t win in business, teams do.” – Sam Walton Sam Walton knew a thing or two about building a viable business. Whether your business is a small mom-and-pop operation or the next WalMart, it will not succeed without …
Matrix Key: Financial Viability – Production and Delivery – Procedures “A bad system will beat a good person every time.” – W. Edwards Deming We’ve often talked about how a good business shares many of the characteristics of a winning sports team. No team can win the game if they …
“Everyone wants to win, but not everyone is willing to prepare to win.” – Coach Bob Knight Have you hit your performance target for this year? Are you concerned that it’s too late to impact your results? When people are focused on the holidays and finishing projects, and less so …
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