Business Owner, can you create an income stream for your retirement?

Business owner, can you create an income stream for your retirement? It seems that many of the small business owners I know have created a job for themselves in their business. In other words, they make enough money to pay their home and office bills (most of the time) and if they are really lucky, they set aside a reserve account for emergencies. Retirement is another issue. A funny but perhaps true statement that I hear from small business owners is: “I’m going to work until I die” … [Read more...]

You can’t build without a plan

Imagine yourself in the middle of a large field; all around you is the required building materials to construct a 50 story high rise office building. This is your project and you are all alone. Where do you begin? Common sense may tell you that you first have to have a solid foundation but how do you know what constitutes a solid foundation.  You look all around and find that there are no “instructions” on how to build your office building. Without building plans to guide you, the chances … [Read more...]

Yes You Can…Start a New Business

If you have always wanted to be your own boss and due to the current economic downturn you have lost your job; there may be an opportunity for you. But, what if you don’t know exactly what kind of business to start and don’t know where to begin? I heard a term that I have been using in working with clients that have been forced into a career change: “entrepreneurial survival skills”.  There is, in most people, a useable skill, that will create a new enthusiasm and can be applied to a … [Read more...]

Solar, Wind, Energy Storage… the Next Great New Business

  The automobile transformed not only our country but the world. It created an enormous job market and led us, as a Nation, to become world leaders in innovation.   I believe that our ability to win the two world wars was due to the automobile manufacturing segment of our economy which allowed us to switch gears and manufacture weapons, tanks, etc. Since World War Two, the computer industry has transformed the global economy  and our lives have been changed forever. The internet, … [Read more...]

Don’t Cut Costs…Streamline for Growth

  Year end is usually a time for many businesses to review their finances. These past few years have been difficult at best, and year end cost cutting may appear as the best choice to assure a better 2012. Unfortunately, many business owners make cuts without any consideration of future needs. Their one track mindset is to lower their expenses, instead of taking the necessary first steps toward building a slimmer, more efficient company. 2012 will present a new set of opportunities, … [Read more...]

Business Owner..This May be your Best Investment Ever

  Coaching is part of growing. All of us have been coached in some way over the course of our lives. It may have been Mom or Dad or a teacher in gym class, or a friend that helped us take that next step in our career. Whatever the situation was, we felt better about ourselves as we grew and changed.   As a business owner, growth and change are a requirement for survival; and many times being coached is the best way to succeed. Look at all phases of life, sports, academics, or … [Read more...]