MVP (It’s not what you think)

By | July 23rd, 2018|Categories: Competitive Advantage, Creativity, Management, Process, Sales and Marketing, Strategy|Tags: , , , , , , |

MVP (It's not what you think) Preston: Brian, “Ready, Fire, Aim” is great advice in those situations where we feel paralyzed by a lack of information. This is the state in which many entrepreneurial companies find themselves. It is also the state any business may find itself in when developing a new product or [...]

Here’s What’s Better Than A Punch In The Mouth

By | April 26th, 2018|Categories: Decision Making, Lessons Learned|Tags: , , , |

Here's What's Better Than A Punch In The Mouth Our vision and goals are clear to us when we launch a new business, product, or adventure. We set out in that direction with great enthusiasm taking one step at a time looking at what is immediately in front of us. How often do we look [...]

Luck

By | April 25th, 2018|Categories: Decision Making, Forecasting, Lessons Learned, Management, Random|Tags: , , |

Luck When we talk about luck, be it good or bad, we are usually looking at past events. You can’t change the past, but you can learn from it. Recognize that the future is uncertain and often random. As events unfold do not dwell on your good or bad luck. Know where you want to [...]

Change: Pull, Don’t Push

By | April 24th, 2018|Categories: Management|Tags: , , , , |

Change: Pull, Don't Push "People don't resist change. They resist being changed"  -Peter Scholtes How do you motivate people to want to change? Make the status quo uncomfortable and give them the opportunity and power to create change. It's not effective to push people to change and you can' t pull them to change with [...]

“2+2=5” or How To Combine Efficiency And Effectiveness

By | April 21st, 2018|Categories: Lessons Learned, Productivity|Tags: , , , |

"2+2=5" or How To Combine Efficiency And Effectiveness A member of my CEO Focus peer group mentioned a conference session that he has found very useful on a day to day basis in his business. When he mentioned it, I recalled a podcast I had listened to that was an interview of the same person. [...]

Make Mistakes, Just Not Stupid Ones

By | April 11th, 2018|Categories: Lessons Learned|Tags: , , |

Make Mistakes, Just Not Stupid Ones “It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stupid, instead of trying to be very intelligent.” -Charlie Munger More great advice from Charlie Munger, HOWEVER…not being stupid is NOT the same as not making mistakes. Fear of making mistakes [...]

In An Uncertain Economy, Agility Is Essential

By | April 9th, 2018|Categories: Forecasting, Management|Tags: , , , |

In An Uncertain Economy, Agility Is Essential Trade wars...Lower taxes...Privacy concerns endangering the most successful business models...Do you know where the economy is heading? Maintain flexibility, create options, be quick and agile.

The Problem With A Coherent Strategy

By | April 6th, 2018|Categories: Strategy|Tags: , , |

The Problem With A Coherent Strategy A coherent strategy can get you into trouble. Coherent means all the pieces fit together in a nice package. It is the underlying assumptions that may not be valid that can cause a coherent strategy to fail. Examine those underlying assumptions carefully. Some are implicit and must be ferreted [...]

Counter-Intuitive Strategy

By | April 5th, 2018|Categories: Competitive Advantage, Strategy|Tags: , , , , |

Counter-Intuitive Strategy Being "easy to do business with" can be the basis of a competitive advantage. Look at the success of IKEA. They take an opposite approach. Rather than convenience, they compete by giving their customers pride in building what they buy. Be open-minded as you create or re-create your business model. Understand psychology and [...]