3 essential ways to get comfortable with finance
As a business owner, you’re the person primarily responsible for your company’s finances. Not your bookkeeper. Not your accountant. You.
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Our five most-read leadership blogs of the past year
As a small business owner, you’ve worked hard to make your company what it is today. And if you’re like so many of our clients, you didn’t think about how to get started—you just took the leap. You created something out of your own ideas, skills and passion, and soon became the leader everyone looks to for directi...
Work ON it: From financial crisis to profit
Most business owners don’t start off with expert knowledge in business finance. In fact, many owners we speak with still manage their books out of a checkbook register. (If this sounds like you, don’t worry—you’re in good company.) There are plenty of things that hold people back from diving into finance—fear, dis...
Learn to be a great manager
If there’s one thing most business owners struggle with (okay, aside from creating a budget), it’s the transition from managing no one to managing everyone. Most clients who come to us simply don’t want to deal with management responsibilities—period. They hope (and act on the belief) that if they hire good people...
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Work ON it: Develop your vision
If you’re familiar with the “E” in EMyth, you know that most businesses aren’t started by Entrepreneurs at all. Entrepreneurs are people who go into business with a vision of a company that doesn’t rely on their own ability to make, sell and deliver it. Most businesses are instead started by Technicians. Technicia...
The unhealthy financial behaviors that damage your business
Business owners aren’t finance experts. It’s a sweeping statement, but as a business coach and business owner myself, I know the truth of it. One of the beautiful things about owning a business is that you don’t have to be an expert in everything—you just need to have the right experts at your fingertips. This is ...
How to get off the gerbil wheel: The Otterbox story
If you own a business, you’re probably familiar with the feeling of being stuck on a gerbil wheel. It’s that perpetual state of expending all your energy just to keep your business running without ever making forward progress. It’s a feeling all business owners face at some point, and unfortunately most get stuck ...
5 things business owners learned about leadership in 2020
For better or worse (or both), 2020 has been an eye-opening time for business owners. As we close out a year that’s disrupted our lives and livelihoods in so many unexpected ways, we’d like to share some light. With all the challenges business owners have faced, there have been some equally remarkable lessons. Our...
9 things business owners wished they'd known at the beginning
Every entrepreneur has a different story for how they came to run their own business, whether they inherited a company from family or associates, or struck out on their own with a dream of working for themselves, building something new that would inspire them professionally and give them the life that they always ...
4 results-based management strategies to keep your team on track
As we enter the last quarter of the year, many businesses are in their sixth month of working from home, and many business owners are still struggling with the remoteness of their employees. Every day, they’re asking themselves, “What are they actually doing from home?” and strategizing ways to encourage engagemen...
4 tips for choosing your ideal customer
If you’re like many business owners, you started your business by letting customers choose you—you hung a sign up outside and said yes to anyone who walked through the door. And while this is a great way to get your business off the ground initially (and sometimes the only way), it’s not sustainable in the long ru...
Use this wake-up call to build a stronger financial future
In the current economic downturn, small businesses everywhere are suffering and too many will tragically close their doors permanently. For many business owners, it’s been a sobering lesson: Ignoring the practice of reviewing your company’s financial metrics is a high-risk decision with serious consequences. Numbe...
Hiring and keeping rockstar employees
Finding the right employees can feel like a constant struggle. The hires you’re not crazy about end up staying while the great ones always seem to leave, causing you to wonder again and again, “Am I missing something or is this just the way it is to manage people?”