Diversification is a sound financial planning strategy, but does it work for company building? How does Vitamix get away with charging $700 for a blender when reputable companies like Cuisinart and Breville make blenders for less than half the price? It’s because Vitamix does just one thing, and they do it better than anyone Read more about 6 Reasons Not To Diversify[…]
For small businesses, competing in a local or international market is daunting and not without its many ups and downs. To get ahead and remain there over a sustained period requires discipline, focus and a determination to succeed. Very few owners have all the skills needed to run a business. Those that identify their weaknesses Read more about Running a successful business isn’t just about working hard![…]
There’s a steady breeze from the northwest, which cools the warm Caribbean afternoon. Framed between a palm tree and the turquoise water, you notice a man reading. He appears to be working, which seems strange given his appearance: shaggy blonde hair, linen shirt, surf shorts and flip-flops. You squint and realize the man is Richard Read more about Thinking Vs. Doing: The Owner’s Dilemma[…]