Business Archives

The Disadvantages of Business Growth: 3 Reasons to Be Wary

When is business growth your enemy and not your friend? What priorities are more important than growth? Fast and endless growth isn’t always the best goal for a business. That’s the view of Paul Jarvis, who argues against this common ethos found in the business world. He describes three disadvantages of business growth, especially rapid growth, in his book Company of One. Continue reading to learn why growth-focused companies don’t always succeed.

The Future of Coworking Spaces: Will the Fad Continue?

What’s behind the rise in coworking spaces? What benefits do the spaces offer, and how are they adapting to users’ needs and preferences? Demand for coworking spaces is exploding globally, with a projected near-doubling of spaces by 2024 to 42,000. As coworking grows, the market will likely stratify into budget-level, moderate, and luxury tiers that cater to different audiences. Here’s a look at some predictions for the future of coworking spaces.

How to Grow Sales in Business: 2 Areas to Improve

Are you launching a new product soon? How can you guarantee that your product will continue to sell out? Once you’ve launched your first product and are taking sales, 12 Months to $1 Million by Ryan Moran writes that your focus should be on growing your sales. Moran explains how you can achieve 25 sales per day by effectively maintaining your inventory and creating positive buzz. Discover how to grow sales in business and keep the momentum going.

Influential Leadership Skills That Will Move Others

What skills do influential leaders possess? How do you use an influential team member to help your company? Influential leaders are those who can get others on board with their ideas. In their book Strengths Based Leadership, Tom Rath and Barry Conchie give advice for people who are highly influential in the workplace, including leaders and employees. Read below to learn more about influential leadership skills.

Why Customer Education Should Be in Your Sales Toolbox

Are you an expert on your business’s products and services? How easy is it for prospective customers to understand how your product or service works and benefits them? In Company of One, Paul Jarvis explains how to start and build a company on your own. He contends that customer education is a must, and he outlines what it requires and how it sets your business apart from the competition. Read more to learn why customer education is important and how you can prioritize it in your business.

How to Maintain Inventory With Outside Funding

Why is inventory management important for small businesses? Where should you get funding to keep your business running? Once you’ve launched your product, you must maintain inventory and keep your product in stock. Running out of your product can be disastrous for your business: It prevents you from making revenue, destroys your sales momentum, and loses customer engagement. Let’s look at how to maintain inventory by receiving funding.

How to Bargain With Information & the Ackerman Model

A woman speaking to a group at an art gallery illustrates positional bargaining

Are you well prepared for a negotiation? How do you make a good bargain that benefits both you and your opponent? When you’re face-to-face at the negotiating table, you want to strike the best possible deal. Experts have great advice on how to take advantage of new information and how to use the Ackerman model to craft your offer. Learn how to bargain by getting all the information you need to master the Ackerman model.

Relationship-Building Leadership: Making a Cohesive Team

Why is relationship-building important in leadership? What type of qualities are required to build relationships in the workplace? Leaders who possess relationship-building skills are great at helping teams work together. They keep the environment positive by making people feel comfortable and respected. Discover more about the relationship-building leadership type, as read in Strengths Based Leadership by Tom Rath and Barry Conchie.

How to Build Strong Customer Relationships: 2 Key Tips

8 Essential Grant Cardone Follow Up Tips

Are you an educator when you engage in sales? When is having fewer customers a good thing? Paul Jarvis argues that it’s vital for a single-person company to foster strong connections with its customers. Since these companies aren’t receiving money from investors, they depend on customer relationships to sustain and grow their business. Here’s Jarvis’s advice on how to build strong customer relationships.

Grow or Sell Your Business: Which Path Is Right for You?

Guaranteed Basic Income: Creating A Better Tomorrow

Should you scale or sell your business? How do you sell a business, if that’s what you choose to do? Once your business reaches a point of immense success, you have a big decision to make. You can either continue to grow your business or sell it to another company that’ll do the work for you. Continue reading to decide if selling your business is the right move for you.