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Create a profit plan for your small business
In my last five years as a business coach, only two of my clients have had an operational budget in place when I started working with them. Let that sit for a moment. Of my dozens of clients, most of whom run successful businesses that are turning profits, only a fraction of them had any idea how that profit was h...
What 2020 taught me about leadership
One of the most transformative ideas I help business owners understand is the distinction between working on your business and working in it. But what does that really mean? Put simply, it’s the difference between strategic and tactical work.
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 ...
What it really takes to improve employee performance
As a business coach, I have a unique view into the daily frustrations that occupy most business owners. More often than not, when I ask a new client what’s overwhelming them most in their business, they narrow in immediately on their employees. I hear things like:
The difference between Strategic and Tactical Work
One of the most transformative ideas I help business owners understand is the distinction between working on your business and working in it. But what does that really mean? Put simply, it’s the difference between strategic and tactical work.
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...
Why is it so hard to step away from your business?
If you run your own business, you know your role is just as personal as it is professional. You care deeply about the outcomes of your business—the impact it has and the results it creates—so the natural impulse is to put yourself at the center of the action. You work around the clock to ensure that your team is w...
How to avoid crisis burnout
As a business owner, you’ve likely never experienced a year like 2020. The challenges have been complex and unfamiliar. And to keep business running, you’ve needed to confront each one head on. So has your team. While you’ve been focused on how to pivot, generate revenue, manage a remote team, and balance work and...
How Joe built the team his company needed to grow
Joe Dibbits grew up watching his steadfast father carry every role and responsibility in the excavating business he’d started with a leap of faith. “My father started with a used machine that broke down so many times,” Joe says. “He knew he either needed to buy a new machine and continue on with the business or ju...
Design (and realize) your business vision
If you’re feeling stuck in your business, then one thing must be true: Your business isn’t living up to the picture you have of what it could be. And that means you have a dream business in mind, which is good. But have you ever written it down?
The key to re-engaging your employees (isn’t what you’d expect)
As many teams are returning to work in some form, business owners are facing an uncomfortable realization. The old frustrations with your employees—the ones you’d forgotten about or maybe only realized with a period of unprecedented space from your team—are still there. The things that weren't working before still...
The five best project management tools
To build a business that functions well, you need intentionally designed systems. It’s as simple as that, but can feel like the most complex work you’ll ever have to do as a business owner. The truth is that it’s not as hard as you may think. The first step to building a system with intention is to start documenti...
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...
How Maren and Christopher built a partnership and a business that supports the life they want
It was a warm Friday afternoon at the end of June when we spoke to Maren and Christopher of Boothby Therapy Services, their child therapy services company in New Hampshire that uses their surname. They’d prepared us for the fact that they might be a little late to our call. They needed time to dock their boat—chee...
How Scott and MJ turned a hobby into a successful company
EMyth Clients Scott Present and MJ Navara never expected to have their own events company. For years, party production was side work, a fun hobby that made them some extra money. But after college, both gravitated away from the corporate careers they’d prepared for and back to something they were passionate about—...
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...