Business Archives

12 Months to $1 Million: Book Overview (Ryan Moran)

Do you have a business idea that you think will make millions? How can you turn that idea into a reality? If building a million-dollar business in a single year sounds impossible, then entrepreneur Ryan Moran has news for you. In 12 Months to $1 Million, Moran writes that it’s not only possible but simple: All you need to do is to sell three to five products tailored to a specific audience. Read below for a brief 12 Months to $1 Million book overview.

The Top 3 Solutions to Business Failure: How to Turn It Around

Do you feel like your business is too far gone? What are the best solutions to business failure? In How the Mighty Fall, Jim Collins contends that if a company still has a worthy goal and the potential to make a meaningful impact, it should commit to putting in the time and effort required to recover and rise. Collins emphasizes that reversing decline isn’t about looking for a miracle cure but about playing a long, steady game. Here, we outline what Collins prescribes for a floundering company: putting the right people in place, sticking to what your company does best,

Strengths Based Leadership: Book Overview

What are the four qualities of a good leader? How can you optimize the strengths of your team? In Strengths Based Leadership, Tom Rath and Barry Conchie argue that the best leaders invest in their personal strengths while building a diverse team to make up for their weaknesses. This way, each individual contributes unique strengths to create a well-rounded team. Read below for a brief Strengths Based Leadership book overview.

How to Develop a Product Idea That Will Sell Out Fast

Are you ready to make your first product? How do you develop a product idea? The key to a successful business is selling a product that people want to buy. In 12 Months to $1 Million, Ryan Moran teaches you how to bring your product idea to life and sell it to a niche audience. Learn how to develop a product idea that’ll convince consumers they need it.

The 5 Stages of Failure in Business (Jim Collins)

What are the five stages of business failure? How fast does it take for a business to fall apart? In How the Mighty Fall, Jim Collins analyzes why well-performing companies end up failing. He states that there are five phases businesses go through during decline: overconfidence, overreaching, ignoring the signs, overcorrecting, and surrendering. Let’s look at these five stages of failure businesses experience if leaders don’t find solutions.

How to Gain Respect as a Leader: 4 Key Qualities to Exhibit

Do you want your employees to listen to you? How can you gain respect as a leader? Before you can lead anyone successfully, your team must respect you, and that starts with having certain universal qualities. Strengths Based Leadership by Tom Rath and Barry Conchie explains that if your team respects you, they’ll be willing to follow your lead. We’ll explore the four qualities to exhibit so you learn how to gain respect as a leader.

6 Tips for Customer-Centric Product Development

Why is customer-centric product development important for business? How can you implement a customer-centric strategy in your business plan? According to 12 Months to $1 Million by Ryan Moran, you must create a brand by having a coherent line of products that all serve the same customer. With this in mind, Moran suggests putting the customer first when creating your first product. Let’s dive into the details of customer-centric product development.

The Best Strengths for Leaders: Gallup’s 4 Recommendations

What’s Gallup’s leadership philosophy? What are the best Gallup strengths for leaders? Gallup is a business research and consulting company that Strengths Based Leadership by Tom Rath and Barry Conchie bases most of its research on. Their book lists four strengths that leaders should capitalize on based on their innate talents, with the help of a well-balanced team to fill in the gaps. Keep reading to learn more about the best Gallup strengths for leaders.

Don’t Sacrifice Your #1 Business Priority on the Altar of Growth

What’s the core work of your business? Have you let important matters get in the way of the single most critical matter? Paul Jarvis warns business leaders about the pitfalls of growth. While growth can be an important aspect of business success, the most important priority is too often sacrificed on its altar. Growth creates many complications that you can and should deal with, but you mustn’t let it chip away at the core. Read more to understand how growth can make it difficult for you to tend to your top business priority in the way you should.

Is Your Business Growing Too Fast? Avoid These 2 Pitfalls

Is your business growing too fast? Why are outside investments sometimes a bad idea? Should your expenditures be based on projections or actual revenue? Business growth is exciting and feels like success. But, there’s such a thing too much, too fast. In Company of One, Paul Jarvis identifies two negative consequences of fast growth that your company could experience: (1) damage to the relationships with your original customers and (2) outright failure. Keep reading to learn about the potential pitfalls of rapid business growth.