Category Archives: Uncategorized

Economic Update

After my post yesterday the Commerce Dept. came out with new numbers that supported my conclusions. Specifically GDP stalled out in the second quarter of this year to a measley 1.5% growth.  The first quarter was updated to 2.0% (from 1.9%) … Continue reading

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Mid Year Economic Review

In December I offered my economic view of 2012. I thought this would be a good time to see how my prognostications were doing. The short answer is not so good.  Here is how it’s shaking out. Economy.  After last … Continue reading

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The 5 “R’s” – Results

A couple of posts ago, I spoke about the 5 R’s. The first was Relationships, today I thought I touch on “Results“. Look – if you’re in business you can’t determine results unless you measure them. So what needs to … Continue reading

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Would you survive the Shark Tank?

I confess, I love the show “Shark Tank”.  In it, 5 venture capitalists are pitched a variety of business ideas and are asked to invest in the business for a percentage of ownership.  The sharks ask questions of the investor … Continue reading

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2012 & Your Business

Recent economic indicators are looking positive. US stock markets are at with levels not seen since 2008 with the Dow flirting with 13,000. The US Labor Department said that seasonally adjusted new jobless claims is the lowest since March of 2008. … Continue reading

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The 5 “R’s” of business

I was reading a recent sales article and reminded on how much the details matter.  We forget the 5 R’s at our peril. They are Relationships, Results, Retention, Referrals and Revenue. For most businesses, Relationships are the understated part of … Continue reading

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Joe’s Economic Predictions…

Having recovered from my tryptophan induced nap after Christmas, I’m ready to provide my 2011 review and predictions about the US economy for 2012. As always, once the tinfoil hat is off, I’ll disavow any wrong predictions made by the author (that … Continue reading

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What to do when “it” didn’t work?

As small business owners we put so much effort into a project like getting a new client that it can be disheartening when the result was failure. So what happens next? I suggest two steps. First, ask yourself “what did … Continue reading

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How Bad Is It?

As an adult, I have been through three recessionary business cycles; ’90-’91, 2000-2001, and this one.  This seems to be far and away the worst.  Of course that could just be the advantages of time.  In 1990, I was trying … Continue reading

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Favorite Business Books

The joke in my house is the number of books on my “Top 10 List” is about a hundred – and it’s probably true.  Here is my current top 10 list in no particular order: 1. E-Myth Revisited by Michael … Continue reading

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