The Foundation and the Flywheel (Or, the two things that lead to more profit, impact, and joy in your business)

I have written about how the three most important measures of small business success are profit, impact and joy. In my view, truly successful businesses are those that are: Profitable– they consistently generate the profit required to support the business’ desired growth and impact. Impactful– they make a difference in the world, by improving the … Continue reading “The Foundation and the Flywheel (Or, the two things that lead to more profit, impact, and joy in your business)”

Are contradictions leading to destruction in your business?

Years ago I tagged along with my wife Shelley to a business/personal development conference in the mountains of Colorado. I was skeptical at first about taking five days away from my work to attend, but Shelley had been to this conference a couple of years before and pleaded with me to join her for her … Continue reading “Are contradictions leading to destruction in your business?”

Measure what matters

Measure What Matters is a great business book by venture capitalist John Doerr. It is about how the disciplined use of objectives and key results (OKRs) has helped companies like Google and Intel excel. (Thank you, SF, for giving me the book!) Doerr brought the OKR concept to Google founders Larry Page and Sergey Brin … Continue reading “Measure what matters”

The missing structure between strategy and operations

I write often about the four parts of any business, which I call the 4Ps: purpose, planning, people, and processes.  Purpose + planning = the strategy of your business, that is, what you’re setting out to do and how you’re going to do it. People + process = the operations of your business, that is, … Continue reading “The missing structure between strategy and operations”

Boring business principles – needed now more than ever?

I had lunch last week with a couple of local business owners. An actual in-person lunch at a restaurant. It almost seemed like life was back to normal. Until the server greeted us with a mask on, a reminder that normal it is not. Still, it was nice to finally have a zoom-less conversation over … Continue reading “Boring business principles – needed now more than ever?”

5 essential ingredients of a winning business culture

Once you have the right people in the right seats, and a process for ensuring that your people remain the right people in the right seats as the business grows (as discussed in the last article), you have set your team and your business up for success. In this article I will provide some thoughts … Continue reading “5 essential ingredients of a winning business culture”

Creating the roadmap for your business (simplified)

Once you have clarified the Purpose (vision, mission, values) of your business, the next step is figuring out the concrete actions that need to be taken to move you toward your vision by carrying out your mission in a manner consistent with your values.  Right now you are at point A. Your vision is point … Continue reading “Creating the roadmap for your business (simplified)”

4 reasons why you need to clarify the purpose for your business

In a prior article I talked about the Four Ps of any business: Purpose, Planning, People, and Processes. In the next few articles I’ll dive deeper into what’s involved in the Purpose component of the business. Today’s focus is on why a clear and compelling purpose is so important for your business. In other words, … Continue reading “4 reasons why you need to clarify the purpose for your business”

Where are the misalignments in your business?

My wife runs a business. She is a doctor of chiropractic and owns one of the most successful wellness practices in the region. I have learned a lot about business from her. And I have also learned there is a lot that business owners can learn from the principles of chiropractic. I’d like to share … Continue reading “Where are the misalignments in your business?”