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The 10 Minute Entrepreneur

May 29, 2019

Value creation is the genesis of your vision statement. What is the primary aim of your business? What are you bringing to your customers? Be aware of changes within your core offering. Your value creation may need to evolve.

May 22, 2019

Simply put, if you aren't selling enough of your products and services at a profit margin that covers expenses you will be out of business.  All business is not good business. "People love to buy but hate to be sold." Solve a problem, meet a need for your customer. "Approach each customer with the idea of helping him...

May 15, 2019

The game Risk teaches you what it takes to be a great entrepreneur.  Monopoly approach spends too fast, expands to fast, and depends on others too much.  Risk teaches you what it takes to be a great entrepreneur.  Start with a small area anywhere, slowly grow footprint methodically, fortify what you have, take over the...

May 8, 2019

It may not always be a great idea to buy a franchise but it can help to model your business after one. You can learn from the success of franchises. Following the model gives a plan. Stay in your lane, proficient with one product or service.  Build systems to improve efficiency and create redundancy. Sean shares several...

May 1, 2019

What is going to motivate you and keep you excited about your business when things are difficult. "The primary purpose of having your own business is so that it can become the catalyst to affording you a life worth living" - Gladys Edmunds, The USA Today.  When you aren't making money what keeps you going?