5 Keys to a Winning Strategy to Grow Your Business Faster & Easier
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5 Keys to a Winning Strategy to Grow Your Business Faster & Easier

BySonya Shelton

“If you’re not growing, you’re dying.” This is a Universal Law of Nature, and it is a principle of business too. There’s no standing still, no room for complacency and no staying in the comfort zone. If we stand still, the world keeps going on without us. Yet, sometimes we feel stuck in our business….

How To Build a Culture of Continuous Improvement
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How To Build a Culture of Continuous Improvement

BySonya Shelton

Organizations can always improve something. Nothing is ever flawless, no matter how much we wish it could be. If you accept this reality, you can help your team create an environment of continuous improvement. When we accept that flaws exist, we provide the freedom to focus on improvement. When someone makes a mistake, correct it and continue on toward your objectives. Encourage…

Growing Fast? Here’s What’s Likely To Kill Your Company
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Growing Fast? Here’s What’s Likely To Kill Your Company

BySonya Shelton

If your goal is to grow your business fast, you need a positive cash flow cycle or the ability to raise money at a feverish pace. Anything less and you will quickly grow yourself out of business. A positive cash flow cycle simply means you get paid before you have to pay others. A negative…

5 Ways To Get Your Business To Run Without You
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5 Ways To Get Your Business To Run Without You

BySonya Shelton

Some owners focus on growing their profits, while others are obsessed with sales goals. Have you ever considered making it your primary goal to set up your business so that it can thrive and grow without you? A business not dependent on its owner is the ultimate asset to own. It allows you complete control…

Have you fallen into The Mile Wide Trap?
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Have you fallen into The Mile Wide Trap?

BySonya Shelton

If your company’s revenue has stalled after a period of rapid growth, you may have fallen into The Mile Wide Trap. Consider the case of Kim (not her real name) who runs a public relations firm. Kim studied marketing at school and went on to work for a big advertising agency where she spent ten…

Why Bother Doing It the Hard Way?
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Why Bother Doing It the Hard Way?

BySonya Shelton

Whether you want to sell your business next year or a decade from now, you will have two basic options for an external sale: the financial or the strategic buyer. The Financial Buyer The financial buyer is buying the rights to your future profit stream, so the more profitable your business is expected to be,…

Thinking Vs. Doing: The Owner’s Dilemma
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Thinking Vs. Doing: The Owner’s Dilemma

BySonya Shelton

There’s a steady breeze from the northwest, which cools the warm Caribbean afternoon. Framed between a palm tree and the turquoise water, you notice a man reading. He appears to be working, which seems strange given his appearance: shaggy blonde hair, linen shirt, surf shorts and flip-flops. You squint and realize the man is Richard…

The Power of Consistent Evaluation
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The Power of Consistent Evaluation

BySonya Shelton

Evaluate every aspect of your organization on a regular basis. To ensure focus, productivity, efficiency, and successful results, everything from your people to your processes to your systems to your priorities to your projects needs to be consistently evaluated. Think of it like giving your organization a regular check-up to make sure it’s performing at an optimal level. Many executives focus on…

Six Ways to Profit From Your Vacation
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Six Ways to Profit From Your Vacation

BySonya Shelton

Summer is almost over, and many of us are getting in those last weeks of vacation before Fall. Although it may seem strange, now may be the perfect time to increase the value of your company. The most valuable businesses are the ones that can survive without their owner. A buyer will pay a premium…