What’s #1 on Your Holiday Wishlist for Your Business in 2020?

Chrsitmas Wishlist

“The hardest thing to discover is the obvious.” We are closing in on the end of 2019 and I am sure you are hard at work planning for 2020 and beyond. But planning for what exactly? Here is my challenge for you this month: Figure out your #1 wish for your business in 2020, and then go make it happen. … Read More

What do you need to schedule FIRST in 2020… for yourself?

Those 2020 meetings are starting to pop up on your schedule, aren’t they? And your schedule is so free, you don’t think twice about committing to them now…so much free time to do what you want, what problem could there be with starting to schedule work meetings now?

What Health Decision Do You Need to Make Today?

What would you regret in the future about the decisions you have made pertaining to your health? Every day there are things we have to decide, both in our personal and professional lives. Some are easy decisions and some are much tougher. My challenge to you this month is to add the ! to the decision question above. It is … Read More

Top Mistakes Regarding Human Resources

When you begin your journey of starting your own business, you’re concerned with the plausibility of your idea, your capital, and your ability to market and sell it.  Typically, you’re worried about things that you are handling on your own – at least initially.  However, as your business catches on and demand increases your product/service, growth is inevitable…which means more … Read More

Woulda, Coulda, Shoulda

When you see someone who has been where you’re headed, aren’t you curious to know what it was like?  Think about the person hiking up the side of a mountain who has been trekking along for a good amount of time with no real vistas up to that point.  They see hikers headed back down and immediately past pleasantries they … Read More

Day of the Wire: If It All Came to An End Today How Would You Feel?

Perhaps the most significant inflection/reflection point for a business owner is the “Day of the Wire,” a day I’ve lived out twice in my life. It’s the day you cash out, sell your business, and see how well your work has paid off. In a way, it’s like Judgment Day without the pearly gates, because the Day of the Wire … Read More

The Cash Formula that Will Save You from Bad Decisions

Cash balance + Projected monthly collections − Monthly cash expenses = Growth decisions This, my friends, is the single most important monthly calculation that you, as a qualified entrepreneur need when making decisions to spend money. With this data in hand, you simply can’t get sucked into a bad deal. For Example… If the new business you’re considering requires two … Read More

The Bor-e-Gaged Trap

Randy Nelson Bored Entrepreneur

Bor-e-gaged…what in the world does that mean? I look at the entrepreneurial attention span as a short continuum that stretches from bored to engaged. My made-up word for being stuck smack in the middle, or vacillating frequently from left to right in the middle zone, is “bor-e-gaged”—a little of each. It’s an uncomfortable place to be. You’re not engaged enough … Read More