Insights from Leading Entrepreneurs
By Mark Tepper, an EO Cleveland member and president of Strategic Wealth Partners
Ideally, exit planning starts the moment a business gets under way, with the owner basing most company decisions and long-term goals with his or her eventual exit in mind. A thorough, comprehensive exit plan can take years to fully develop.
In reality, many business owners find themselves scrambling to put together an exit plan at the last minute, less than a year from (more…)
Categories: Business/Finance Tips Coaching members Productivity
Tags: entrepreneurs' organization Mark Tepper procrastination tips
By Andrew Armstrong, an Octane blog contributor
Are you an engineer who likes analyzing problems, solving them and working with all types of people? Engineering consulting might be for you. It’s easier than ever for an one-person operation to get started, with the help of cloud-based collaborative tools and simple, low-cost methods of communication.
Here’s a look at why engineers branch out into consulting, the best ways to get started and how to ensure success. (more…)
Categories: Business/Finance Tips Guest contributors Management Productivity
Tags: andrew armstrong consulting engineering entrepreneurs' organization tips
By Arman Sadeghi, an Octane blog contributor and CEO of Titanium Success
There are 14 powerful secrets to supercharging your business and doubling your company’s profits. However, you must first make sure you are in the right industry. It doesn’t matter how good your company is, how well you do marketing, and how hard you work if the industry you are in is dying. Take a step back, look at your industry, and determine if (more…)
Categories: Business/Finance Tips Guest contributors Lessons Learned
Tags: #EOlooksback arman sadeghi profit tips
By Brian Scudamore, an EO Vancouver member and founder of 1-800-GOT-JUNK?
It would have been easy to spend my life as a Rubbish Boy.
At 19, I started a junk-removal business called The Rubbish Boys to pay my university tuition. In only a few years, we had 11 employees and were pulling in half a million dollars in revenue a year. The Rubbish Boys were predictable and profitable. And it would have been easy to stay the course – but I couldn’t.
For many entrepreneurs, the thrill of early success is quickly replaced by the frustration of hitting a ceiling. You’ve cornered a market, or at least part of one, and you’re good at what you do. But you’ve reached a limit in terms of revenue, size and profitability. You know you want to grow, but what’s the next step?
(more…)
Categories: Business/Finance Tips Coaching Inspirational members
By Joseph Steinberg, an EO New York member and founder of SecureMySocial
Cybersecurity is more important than ever–yet people and businesses don’t always have the money to spend protecting themselves.
Hackers seeking to steal data and money used to target primarily large corporations and government bodies. In recent years, however, they have shifted focus, and now direct quite a bit of attention to hacking small businesses and individuals.
Categories: Business/Finance Tips Coaching members Technology
Tags: cyber security entrepreneurs' organization eo new york joseph steinberg securemysocial tips
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