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After a while of going it alone, it may seem right to hire or partner. Some times it takes people a while to understand when and how to leverage hiring other people to do things that you can do yourself. You’d be able to do it all - if time were not an ever-present variable. There’s a limit to [...]

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I’ve been appearing here and there on The Big Idea with Donny recently. Thought you might get a kick out of how the show comes together and the role of so-called experts (yours truly included) who are invited on the show.
Below are the emailed questions I received from the producers in advance of my most [...]

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For those of you who run a business or are trying to get one off the ground, I bet you’ve had a run-in or two with a crisis of some kind.
It may have taken the shape of a loss of data, or a short-fall in needed cash. Perhaps it was a lawsuit or a personal [...]

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Are you starting a business with a family member or a close friend?
I know, I know. You are incredibly excited. You have a winning, million-dollar idea, and you are pursuing it with one of your favorite people. What could go wrong?
Well, unfortunately, much can go wrong and sometimes it happens very quickly [...]

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No business is an island. But while we focus heavily on our customers and employees, we sometimes forget another key stakeholder: our vendors.
An unfortunate discovery yesterday reminded me that it is our job to communicate our expectations to our vendors clearly and unambiguously, and their job to execute crisply. If we are sloppy in our [...]

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I ended a recent blog with this statement: "I’ve got my superstar list. Who’s on yours?"
A superstar list includes people that you’d love to have on your team in some capacity. They could become employees, partners, advisors or part-time consultants. I believe you should have a list of 12 that you constantly cultivate. Keep them [...]

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Obvious? Maybe. For me though, it wasn’t clear until I’d screwed it up a few times: you have to take responsibility for everything that happens at your business.
At times in the past, I’ve been in situations where our company was stumbling, and I *did not* do everything I could to bring it back [...]