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Boards, Advisors, Coaches and Mentors business development coaching small business finance tools and concepts

Seeking help

Ever feel like running a business is a lonely endeavor?

When starting or running a business, going it alone certainly allows for more control but comes at the expense of added stress. I've heard some experts say that every business owner should have a coach, or mentor, or some other s...

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Founder Mode vs. Manager Mode financial analysis management small business finance tools and concepts

When it comes to managing a business, there are typically 2 schools of thought with staunch defenders on each side:

  1. Delegation
  2. Hands-on management

(The latter is sometimes referred to as micromanagement.)

In his recent article Founder Mode, Paul Graham (founder of startup incubator, Y Combin...

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Pricing Strategy Markup vs Margin management markup vs margin pricing strategy tools and concepts

Most business owners have a loose idea of their unit economics (margin at the product level), but it's usually:

  1. Stuck in their head; and
  2. Crude back-of-the-napkin math.

Your pricing strategy can make or break profitability... generally, I see companies fall into 2 buckets: those with revenue o...

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Every Small Business Needs a Financial Operating System business strategy cash flow financial analysis financial systems operational efficiency process tools and concepts

Installing a Financial Operating System

We're big fans (and users) of Gino Wickman's EOS (Entrepreneurial Operating System), which outlines a useful framework for business management. I'd highly recommend if you're in need of a basic structure for meetings, people management, and setting a company ...

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