Business Plan: Defining Your Opportunity

Your Business Plan starts with your Business Definition. The four components of the Business Definition are: Vision Mission Values Business Opportunity Your Business Plan is the articulation of your Strategy for growing your business.

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Values and Operating Principles

Values and Operating Principles

Expressing your values is facilitated when you are able to describe in one or two sentences how each value will be implemented. We call these descriptions of values in action,

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Expressing Your Values

A value is a thing or condition we consistently act upon to get and to keep. A value is a vector – a direction with a force. The clearest indication

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Elements of a Business Plan

Entrepreneurs start a business to fulfill a purpose that has meaning for them. The business becomes an instrument for the entrepreneur to do what s/he wants to do. Your business plan

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Four Systems To Build Your Business

Webster’s Dictionary definition of system includes: “a method or plan of classification or arrangement; an established way of doing something; method; procedure etc. There are four systems capabilities that are integral if

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Creating a High-Performing Business

Creating a high-performing business means aligning five critical elements. Vision – The starting point is the vision or picture of your business at some point in the future. Vision answers the question:

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Three Things to Get Right

Successful businesses get three things right. The first thing they get right is their Ideal Client Profile. A number of years ago, I was at a conference where a senior executive of

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Musings at 4 AM

Many entrepreneurs tell me that they suffer from sleep disorders. I have experienced disruptive sleep patterns since my childhood. Often, I will wake up at 3 or 4 AM and

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Greetings From Hungary

As I travel around the world, I continue to be amazed at how similar entrepreneurs are in every country. For the past ten days, I have been in Hungary. Last week,

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Change Mindset to Change Behavior

Entrepreneurs are often independent-minded. They fight structure and authority. This strength leads them to pursue their own vision and carve out their own path. Taken to an extreme, this strength

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