Starting a new small business? Ensure your foundation is strong with fiber broadband from TCC. We offer robust connectivity solutions tailored to meet the needs of entrepreneurs like you—backed by local support you can trust. Connect with us today at 715-695-2691 and let's build your business together!
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One of the errors that entrepreneurs do is to having a consultant develop their business plan and projections, and they do not what is in that document. One or two questions from a potential funder reveals the ignorance and puts a dent on the deal. Know your business.
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ENTREPRENEURIAL TIP: Picture Your Business Like A Workhorse Although we like to think of businesses as our "babies," the truth is, our businesses are meant to provide for us (not the other way around). Picturing your business more like a workhorse or mule can shift your mindset and transform how you manage the business. You should not be constantly paying into the business to make ends meet or be left starving after expenses. Lack of proper planning or market research often leads to owners launching without adequate knowledge of the time, effort and funds needed to make the business successful. Your business needs to work for you, but you need to put in the pre-work to ensure you're creating (and protecting) a profitable business for the long term. - Forbes.com
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ENTREPRENEURIAL TIP: Picture Your Business Like A Workhorse Although we like to think of businesses as our "babies," the truth is, our businesses are meant to provide for us (not the other way around). Picturing your business more like a workhorse or mule can shift your mindset and transform how you manage the business. You should not be constantly paying into the business to make ends meet or be left starving after expenses. Lack of proper planning or market research often leads to owners launching without adequate knowledge of the time, effort and funds needed to make the business successful. Your business needs to work for you, but you need to put in the pre-work to ensure you're creating (and protecting) a profitable business for the long term. - Forbes.com
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Most new entrepreneurs will spend up to 20-40 hours a week working on their side business. But won't spend 2 hours a week planning it. Save yourself from exhaustion. Plan your business.
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Years of dedication, effort, and dreams are woven into the heart of your business. Yet, here's a sobering fact: for countless entrepreneurs, this remarkable journey often falls short of the wealth it should generate. Why does this happen? The constant immersion in daily operations, reactive rather than strategic decision-making, and a general absence of advisor support are just a few obstacles that prevent business owners from fully enjoying the fruits of their labor. But envision a different outcome where your business's value is not only acknowledged but fully realized. Where you transition from being solely an operator to a visionary leader, guiding your enterprise with insight and precision. This is where The Strategist by Morton comes in. Our mission shifts the focus from assets under management to assets undervalued - which means recognizing you and everything your business embodies. With our flat-fee offering, tailored to your unique situation, The Strategist is more than a service; it's a partnership designed to elevate your business. We ensure your hard work translates into true wealth by offering strategic team building, proactive planning, and the right support at the right moment. It’s time to break free from the cycle that limits so many businesses. Together, let's turn your hard-earned success into lasting wealth and legacy. Because your business deserves more, and so do you.
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As entrepreneurs and small business owners, aligning with our mission and values is crucial for long-term success. Create a vision board to transform your business. Incorporate keywords, phrases, or symbols that reflect your mission and vision to keep your goals in clear sight and stay motivated. Harness the power of a vision board to drive your business forward and achieve the impact you aspire to make.
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How Scaleable is Your Business? We often hear from business gurus and leading entrepreneurs that your business needs to be scalable to be a high-growth business that eventually makes you lots of money. But what is meant by this? And how will you know if your business is scalable? A business is scalable when you can grow it without adding too much complexity to it. Growth requires that the business acquire more resources to meet the demands of new customers, and this means that you will add more layers of complexity to your business. This often means that you are also adding more chaos to the business. Especially if your system of delivery (business operating system) is not robust enough to take on more growth. Scaling your business requires a proper blueprint and structure that ensures that your business does not fall over as you grow it. Scaling your business in this regard can be likened to the scaffolding business contractors use to build or make alterations. Here is a link to my website for you to do a quick 2-minute assessment to determine the scalability of your business as well as the durability of your business to take on more growth. https://lnkd.in/d-z3hvuE
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