5 acronyms you should know
P&L, COGS, EBITDA, BEP, CR & QR—If you look at these five abbreviations and have no idea what they are, or don’t understand the role they play in your business’ finances: read on.
How to lead an effective management team
If you want something done correctly, you’ve got to do it yourself, right? That’s a wonderful philosophy if you want to create a lot of work for yourself. But if you want to create a business that works for you, you can’t do it alone. You’ve got to enable other people to do at least some of that work—and you’ve go...
The leadership commitment
Owning and operating a business isn’t something you take lightly. It requires a huge leap of faith. It’s exciting to live your entrepreneurial dream but it's also innately scary because there's no guarantee you'll succeed.
Make meetings worth your time
When was the last time you looked at your calendar and realized that every working minute of your day was going to be spent in meetings? Probably not that long ago. And when you looked at that schedule what was your reaction? Excitement? Anticipation? More likely you thought “How am I ever going to get anything do...
Client story: Family Medicine Associates
I am a family physician in Old Saybrook, CT. After being in a group of four doctors for twenty-five years who had no desire or ability to deal with the business side of the practice, the practice dissolved. This required that we had to capitalize the dissolution with our families money. After 25 years of hard work...
Client story: TopKick, Inc
In 1995, I was 24 years old and I had the opportunity to buy a martial arts school from the Master I was originally training with. The school was a year old when I took it over, and at the time the monthly revenue was about the same as the rent so I quickly realized that I needed to institute some things that woul...
The secret perk of being a business coach
I've been working with a client who was struggling with self-organization and time-management. After our last meeting, he took it upon himself to create a weekly list and make note of all of the different projects, initiatives, conversations, and people that he was avoiding in his business that built up during the...
Is marketing automation the silver bullet you're looking for?
There are a lot of things marketing automation software can do for you. It can help you increase traffic, educate and inspire potential customers, and give you a microscopic view of what happens at every step of your buyer’s journey. But like all good things, it’s not quite that simple. It takes a real investment ...
Looking for the perfect customer? Look no further
It’s never been easier to chase after the wrong customers. With the explosion of online marketing tools, you and your team can spend all day (and all night) doing it. Which is why it’s never been more important that you have something—or more specifically, someone—to guide you. The challenge for today’s business o...
What if the missing link in your marketing is you?
You’ve got a blog. Maybe an email newsletter. You’re tweeting and linking and trying to figure out the whole social thing. You even set aside time each week to meet with your team to try to come up with new ideas for how to get people interested in your product. It seems like you’re doing all the right things, but...
If your company culture could talk, what would it say?
Would you apply for a job at your business? Think about it for a moment. With where you are in your life—with your unique talents and dreams—is it the kind of place that would support you in getting closer to the life you want? Do you think you have any employees who aren’t evaluating their jobs, right this very m...
How can you keep it real with a virtual team?
There’s no substitute for being in the same place as your employees. And that’s a good thing. Part of the joy of going to work is that you get to spend your day with people you respect, and we hope, enjoy being around. And while there are some good reasons to have people on your team who work remotely, you have to...
How to make your small business blog really shine
Is your blog getting you down? Do you wonder whether it’s worth all the effort, whether people are really getting something from it, whether you’re “doing it right”? Maybe you think you’re not a writer, or you simply feel like you don’t have the time to write with all the other demands of your small business.
Part 2: How to become the leader your business needs
Continuing our Attributes of a Business Leader podcast, EMyth's President Wendy Vinson and Seminar Leader Karin Iwata discuss the common personal attributes successful business leaders possess and how those attributes help them turn intention into action.
Part 1: How to become the leader your business needs
Some people start a business because they're passionate about a particular cause and they want their business to have an impact. Some people start a business because they are looking for a better work/life balance. Some are simply looking for more freedom.
Conversation with Brian Schwartz, author of "50 Interviews: Entrepreneurs"
E-Myth President, Wendy Vinson interviews Brian Schwartz, entrepreneur and author of the new book: 50 Interviews: Entrepreneurs.
How April turned a good idea and strong values into a thriving business
A successful business provides a service or product that expertly fills a specific need in the marketplace. The trick for entrepreneurs is identifying the right product or service for the right space at the right time. April Glavine is one example of an entrepreneur who did just that.