Author: admin
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The Importance of Thinking Really Big
By the nature of what I do for a living, I’ve seen some pretty cool and ambitious businesses and business plans. But the one I saw last Friday blew me away. I had just finished listening to a presentation for the first 100% solar powered city in the world, about to be built in southwest…
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Importance of Staying Focused
There seems to be a high correlation between how this crazy election season has just completed and how many entrepreneurs run their businesses. This is especially true when things are not going the way we planned or hoped. In our government’s case, their attempt to deal with the economy’s sluggishness, Iraq’s instability, Afghanistan’s war looking…
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It’s Never Too Late to Get It Going!
Last night I was blown away by the people I met at an event at Brooklyn College. Someone close in my life invited me to join them for their graduation ceremony of the Adult Literacy Program that helped them get their General Educational Development (GED) diploma. Many of the recipients of their high school diplomas…
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Intrapreneur vs. Entrepreneur—Which are YOU?
Larry was smiling as we finished our walk in Central Park. We promised to do it ever since I told him I used to do that with a good friend whenever we wanted to share stories and advice on running our companies. While Larry was new to being an entrepreneur, he certainly was not new…
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Top 7 Ways to Wrap Up the Decade With Your Biz
Yesterday I confused my packed class of new entrepreneurs. We just started a seven-day intense entrepreneur start-up course and they were bouncing off the walls with their new business ideas. And it was like I just poured cold water on them when I asked them how and when they are going to exit their company.…
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4 Steps to Ending the Wait for Govt to Bail You Out!
Last week I was meeting with a really cool alternative energy company. Their sales have grown over $5MM and they are anticipating breaking the $10MM barrier shortly. I was barely finished telling them how great it is they scaled up in such a short time when the founder said things could be much better. Things…
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Five Steps to Building Your 2011 Financial Projections
Gene finally got it. His IT consulting business has been constantly pulling his attention from what he has known he needed to do: develop his financial picture, both historic and forecasted. Until September, he never gave developing his forecasts time, since last-minute crisis or unexpected challenges were constantly coming up. Instead, each week we spoke…
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How to Avoid Being a Shooting Star Company
My wife and I were walking around our neighborhood in Brooklyn this weekend. She wanted to get a new pair of eyeglasses. In one store we thought that looked good, she found a pair she liked. When we started talking pricing with various features the clerk asked if she had insurance. My wife explained this…
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Why Rapid Business Decisions is Crucial and How
As he walked into a meeting in the 64-room Georgian Mansion on 5th and 91st St. in Manhattan, he knew he was about to have one of the most important meetings of his life. Napoleon Hill, then 25, was about to interview Andrew Carnegie, then 73. The year was 1908 and Carnegie’s estimated worth was…
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#1 Secret to Selling Effortlessly
This morning I did my usual routine of going to the gym. Except it was anything but usual. Here I was, on the stationery bike, doing my normal intense 30-minute ride, so engrossed in beating my previous time on the bike that I didn’t notice the two people in business suits standing there. Nor did…