In 1847, when Esther Howland was 19 years old, one of her father’s business associates gave her a Valentine’s card that had been produced in Europe. Although common in Europe, Valentine’s Day cards were not affordable to most Americans. Esther determined she could improve the quality of the card. On her brother’s next sales trip, Esther gave him a dozen ...
Deciding to close a business is a tough decision. One factor that needs consideration is your talent. When I was twenty-five, I was a CPA and talented at financial management. But in the pursuit of money and becoming an entrepreneur, I launched a used car rental agency. One winter day, with temperatures below zero, few of my cars would start. ...
Deciding to close a business is a tough decision. There are multiple factors that need to be considered. For instance, reflecting on your time, talent, and treasure should shape your decision as well. Today, let’s discuss your time. I’ve counseled home remodelers who could make $30 an hour as a carpenter. But instead, due to common business mistakes, they’re working ...
A challenging decision for any entrepreneur is knowing if, and when, to close a business. One consideration often overlooked is comparing your future opportunities to your current situation. Tim started a technology business that wasn’t meeting original expectations. When Tim considered his talents, resources, and other business opportunities and contrasted them with his current business and its diminished prospects, ...
The Gallup Organization conducts an annual poll to determine which institutions are esteemed most by the American people. Year after year, the number one esteemed institution is small business. Even though confidence has dropped to 65% of the population, small business by far still surpasses every other institution’s ranking, even the military. Hebrews 13:17 teaches, “Have confidence in your leaders and submit ...
Jason Ballard was preparing to become an Episcopal priest when he found himself confronted with housing issues that needed solutions. Looking for answers, he met with his local Bishop. Jason was surprised when his Bishop encouraged him to build houses instead of becoming a priest. Jason’s calling has resulted in him being featured on 60 Minutes as the first person ...
According to Statista, freelancers have grown from 57 million to 73 million workers since before the pandemic. Almost half of the employed workers in America are doing some level of side hustle vs working only one job. Freelancer’s biggest nightmare is Tax Day. It’s often a huge shock when freelancers discover that the IRS wants 15.3% of their profits for ...
In this series, we’re discussing a common problem in business. Many business leaders reach a point when they struggle in how to take their business to the next level. There are at least three different hindrances that can prevent an entrepreneur from piercing the imaginary ceilings they face. The final hindrance is a People Deficit. As a business grows, ...
In this series, we’re discussing a common problem in business. Many business leaders reach a point when they struggle in how to take their business to the next level. There are at least three different hindrances that can prevent an entrepreneur from piercing the imaginary ceilings they face. My second one is Skill Deficits. As a business grows, eventually you ...
In this series, we’re discussing a common problem in a growing small business. Many business leaders struggle with how to grow their business to the next level. There are at least three hindrances that can prevent an entrepreneur from reaching the next level. The first one we’ll address is having a destructive mindset. As we approach previously unattained levels of ...
Equipping Others to Do Work Differently
