You may only need a little paper or minimum time with a lawyer on retention to get down to business. But you need to know this from the first day of offering your products and services for sale to the public.

Bootstrapping – TMBW 249

28 days ago 2m 1s

Stories of people who could start and grow a business with minimal external funding are great. These stories also convince many people who can’t bootstrap their business to give it a shot when they should not.

Digital Marketing on a Dime – TMBW 248

Mar 12th, 2024 2m 1s

Digital marketing comes with a cost, so use cost and time-effective strategies for your small business.

Practice Effective Budget Management – TMBW 247

Mar 5th, 2024 2m 1s

Managing your finances, including budgeting strategies, cash flow management, and cost reduction techniques, will make the difference in you being a long-standing success or a quick financial failure.

Prep For Navigating The Startup Phase – TMBW 246

Feb 27th, 2024 2m 1s

Following some basic initial steps for launching a small business will save you time, frustration, and money in the long run. This involves choosing a business structure, properly registering the company, and being honest about your initial mar

Build A Company That Reflects Your Values – TMBW 245

Feb 20th, 2024 2m 1s

Build a foundation from the beginning that reflects your values and how you want to be seen. That makes it easy to run a company that maintains your values.

Don’t Take On A Business Opportunity Out Of Boredom – TMBW 244

Feb 13th, 2024 2m 1s

If you’re just looking for something to do, especially if you have a large amount of money burning a hole in your vault, taking on a business opportunity is typically a terrible path to take to alienate that boredom.

Look For Investors To Diversify Your Risk From The Beginning - TMBW 243

Feb 6th, 2024 2m 1s

Polish up your business plan and get to work. Find seller financing. Raise funds from investors. Use different types of loans. Ask friends and family who understand how investing in a business works. The financial risks of getting a new busines

Plan For Downside Scenario - TMBW 242

Jan 30th, 2024 2m 1s

Things will go wrong in your business. Don’t attempt to survive on sheer will. Have understood and ready to implement plans in case of multiple downside scenarios.

Have An Exit Plan - TMBW 241

Jan 23rd, 2024 2m 1s

Knowing how long and how much fiscal damage it will take to sell a business if you want (or need) to should be known before you receive the keys to the building. A business that doesn’t align with your exit plan may be a business you need to pa

Don’t Take On Unprofitable Or Turnaround Business Unless You Are A Pro – TMBW 240

Jan 17th, 2024 2m 1s

If you have never worked in an industry, you should avoid taking on the responsibility of a troubled business. A turnaround story on an unprofitable business is excellent to tell but hard to write if you have never done it before.

Get Organized – TMBW 239

Jan 9th, 2024 2m 1s

A crucial key to business success is organization. Proper organization will help you complete tasks and stay on top of things to be done.

Take The Time To Understand How Everything Functions Before You Start Making Changes – TMBW 238

Jan 2nd, 2024 2m 1s

Before making any significant changes at a company you are taking over, take as much time as you need to understand how everything functions and who the key players are. Your genius changes to the process may have been attempted before with dis

Know What Jobs You Are Hiring For - TMBW 237

Dec 26th, 2023 2m 1s

When an applicant interviews for the job of a lifetime and you are just trying to fill a spot with any able body, both sides will find the process frustrating.

Know Your Role In The Guru Game - TMBW 236

Dec 19th, 2023 2m 1s

Are you an 'elite expert' or the 'just as bad as you' guy when it comes to the Guru Game? Understand what game you intend to play, and play that game well when you deal with how you work with mentors.

Never Bring Desperation To A Negotiation - TMBW 235

Dec 12th, 2023 2m 1s

Always show you can walk away from a deal not going your way. Especially if you are desperate to make that deal come through.

Make Sure That You Are As Ready For Your Business Launch As Your Business - TMBW 234

Dec 5th, 2023 2m 1s

There is a lot of pre-launch effort that goes into launch day for your business. This counts for the business entity of your choice, you, and the people who will lose time with you as you pursue your business success.

Offering Good Service Is Always On The Goal List - TMBW 233

Nov 28th, 2023 2m 1s

Providing exemplary service to your customers is crucial to gaining their loyalty and retaining their business.

You'll End Up Working Harder For Yourself Than You Would For Someone Else - TMBW 232

Nov 21st, 2023 2m 1s

Prepare to make sacrifices in your personal life when establishing your business. In turn, prepare yourself to understand the need for these sacrifices will mostly come from those who work for you who are unwilling to make the same sacrifices (

Know Your Competition And The Appropriate Tactics For Engagement - TMBW 231

Nov 14th, 2023 2m 1s

It's essential to be aware of who (or what) your business competition is and both the appropriate and inappropriate tactics that someone can deploy in defending your business against them in the marketplace.

Starting A Business Requires Analytical Thinking, Determined Organization, And Detailed Record-Keeping - TMBW 230

Nov 7th, 2023 2m 1s

The very long, poor SEO'ed title for this episode offers three simple truths for preparing yourself mentally for a business launch.

When The Clothes Make The Team - TMBW 229

Oct 31st, 2023 2m 1s

My thoughts on wearing uniforms for your business, and my thoughts almost always 'yes.' Dressing for success is necessary, even without a formal dress policy.

From Seth Godin On The Entrepreneurial Journey (And Maybe Even Life) - TMBW 228

Oct 24th, 2023 2m 1s

A recent posting from Seth Godin emphasized your final destination on your entrepreneurial journey and just how final it really is (or is meant to be).See the post at https://seths.blog/2023/06/when-we-get-to-where-were-going/.

Should You Start A Gig Hustle, Or Should You Start A Business To Make Real Money? - TMBW 227

Oct 17th, 2023 2m 1s

You've figured out what entrepreneurship really is and don't want that. That doesn't disqualify you from starting a small business or signing up for a side gig to bring more money in. Just know the reasoning behind what you try to pursue and th

Understand Your finances - TMBW 226

Oct 10th, 2023 2m 1s

Understanding your personal finances means knowing the difference between not wanting to spend over $200 and only having $200 to spend. Understanding your business finances means knowing the impact of what money you can bring in and what money