We must make the best of those ills which cannot be avoided. ~ Alexander Hamilton As a small business owner and manager, I am faced with daily challenges that test my mettle, patience and resolve. Not a day goes by where I am free of the necessity of making decisions that affect the lives of …
Tag: small business
Fathers of Invention
You may remember Eli Whitney as the inventor of the cotton gin, but there was so much more to him worth noting. Mr Whitney, born in Massachusetts and a 1792 graduate of Yale, was a father of invention. More common than you would think, fathers of invention are the minds and hands behind many of …
Sweat the Small Stuff
While large companies and governments appear to believe that the more money they spend or the more force they apply to change anything in life is more likely to cause the desired change, behavioral economics tells us that input and change are not always directly related when it comes down to individual choices. In fact, small changes can have huge effects while vast …
9 (plus 3) Traits of a Great Small Business
Small businesses are the engine of the U.S. economy. The U.S. Small Business Administration recently estimated that 99.9 percent of all businesses in the US have less than 500 employees and as such are considered small businesses. The U.S. Census Bureau data corroborates these numbers, revealing that 98.2% of total businesses have less than 100 employees and 89.3% have fewer than 20 …
Continue reading 9 (plus 3) Traits of a Great Small Business
How to Weather an Economic Storm in Small Business
Finally, stay positive. Motivate. Encourage. Take heart yourself. These downturns have happened before and they will happen again. As interminable as they may seem, these periods in history come and go and have never proven historically to be permanent. If anything, redirect the energy that you would waste on worry, fear, panic, blame or regret to more productive pursuits, such as creative thinking, rallying the troops, refining and simplifying work flow and so on.
Gregory Hake 