Strategic Planning

Career Transitions, Part III

2019-07-09T14:54:04-05:00July 10th, 2019|Tags: , , |

The book of Nehemiah has some great insights about Nehemiah’s career transition that may be helpful to us today. The third phase of Nehemiah’s transition was preparation and planning. When God provided the opportunity for Nehemiah to speak to the king about his passion for Jerusalem, Nehemiah was prepared. In Nehemiah 2:7 we read, “If it please the king, let ...

A Pricing Problem

2019-06-04T12:59:39-05:00June 19th, 2019|Tags: , , |

Kurt was frustrated. He and his wife have worked very hard to grow the customer base of their delivery business, but they weren’t improving their profitability. As I learned about their business, it became evident that Kurt had pricing issues. When asked about how they price a customer transaction, Kurt told me about a formula the previous business owner had ...

Profit Sharing Arrangement

2019-05-15T17:27:35-05:00May 29th, 2019|Tags: , , |

As a teenager, I worked summers on my uncle’s farm. Some land my uncle farmed was owned by others. They shared the profits 50/50 after direct expenses like fertilizer and seed. With that context, I found Joseph’s profit-sharing arrangement in Genesis 47:24 as peculiar. Joseph said to the sharecropping tenants, “But when the crop comes in, give a fifth of it ...

Chaos to Calm

2019-05-09T23:20:15-05:00May 10th, 2019|Tags: , , |

P.K. Bernard said, “A man without a vision is a man without a future. A man without a future will always return to his past.” Creating a vision statement, working “on” the business, can seem like a waste of time, energy and human capital resources when compared to working “in” the business. Proverbs 29:18 says, “Where there is no vision, the ...

Pitching Your Proposal, Part I

2019-01-02T14:51:43-06:00January 14th, 2019|Tags: , , |

According to molecular biologist, John Medina, the human brain craves meaning more than details.  This means, according to Harvard Business Review, that the details will be lost in promoting your organization unless they first hear why your concept is important. For business leaders, your “why” is your pitch or tagline. Carmen Gallo, a Harvard University instructor, has three recommendations for ...

Common Mistakes for New Entrepreneurs, Part IV

2019-01-02T14:33:29-06:00January 10th, 2019|Tags: , , |

While coaching a young entrepreneur I was reminded of several common mistakes made by new business owners. The fourth common mistake I’ve experienced is “inconsistent messaging.” Your core purpose for your business can be presented in many ways to the public. But the best traction comes when you have a core message and it’s used consistently by everyone in your ...

Common Mistakes for New Entrepreneurs, Part III

2019-01-02T14:25:50-06:00January 9th, 2019|Tags: , , |

While coaching a young entrepreneur I was reminded of several common mistakes made by new business owners. The third most common mistake I’ve encountered is “the lack of a clear purpose.” When one starts out in business, the pursuit of cash is so pressing that many entrepreneurs do whatever job that pays the bills. This practice expands the original business ...

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