Have you ever been inside a candy store, with all the sweet candy the world has to offer, but ended up not buying anything? Or have you tried searching for something on Netflix, but ended up sleeping instead? Have you faced a wall full of the latest sneakers and couldn’t make up your mind? […]
Scaling your business is not a harmless experiment. It is a dangerous proposition fraught with pitfalls. A solid two-thirds of companies that grew too fast consequently failed. (Ultimately, those that grew more modestly survived.) Your head might be in the clouds, thinking of fantastic revenues, only to be smacked by reality down the road. So […]
Should you buy this equipment or not? Should you expand into a new market? Should you spend money on this marketing campaign or opt for the cheaper one? A great number of financial decisions await any business owner. Some of these decisions will make or break the business. So, how can you know you’re making […]
And the culling continues! 2022 was a record year of tech layoffs. Almost 250,000 employees lost their jobs in 1,535 rounds of layoffs in the tech space, including some of the biggest names in the industry. But if you think 2023 will get a breather, you might want to think again, because if anything, it’s […]
In his epic battle against the Philistine giant, David picked 5 smooth stones, placed them in his shepherd’s bag, and went on to slay Goliath. In this post, we will be looking at 5 “smooth stones,” 5 powerful ways small businesses and start-ups can compete with the bigger, more established players in their industry. Size, […]
At what price should product X be sold? Should I hire this candidate over the others? When’s the best time to launch the new line? Should this branch be closed permanently? Which supplier offers the best deal? Decisions are at the heart of every business. They can be tactical, strategic or operational—backed by data, […]
Numbers tell a story. A business will turn to the numbers and gauge its performance vis-à-vis others in the field. Numbers can tell a story of success, when profits are on the rise and customers are happy. Or it can tell a story of wasted campaigns and unrequited marketing efforts. At times numbers can be […]
The road to hell is paved with good intentions. You might be searching for your “Dream Team” only to end up with a hiring nightmare. This is what happens when you come into the hiring process with the wrong assumptions and outdated traditions. For example, should your employees all come from Harvard or any of […]
“Business strategy is the battle plan for a better future.” That’s from Patrick Dixon—a management guru and one of the most influential business thinkers of the last decade. Everybody talks about strategy, and there are many ways to define it. But here, we’ll define it very simply and very broadly—as a set of moves that […]
Would you go on a ship that has a 90% chance of sinking? Thought so. And yet every day, a visionary, emboldened by an idea, joins the ranks of countless other start-ups, in the quest of still existing after one year. It’s almost canon to say that start-ups almost always fail. But then, there is […]