In the next 40+ episodes, we will cover all the aspects of what it takes to turn your business from a mundane “job” into a business that can change your future. To start the series, click here.

December 13, 2018
Using a SWOT analysis to increase the value of your small business

Using the SWOT Analysis to Increase the Value of Your Small Business

As a business owner, you’ve probably heard of a SWOT Analysis – a process where you identify your business’ Strengths, Weaknesses, Opportunities, and Threats. However, performing this analysis is nothing more than a time-consuming exercise unless you can put its results to good use. You need to spend time working on those shortfalls. In this article, you will learn how to do and implement a SWOT analysis to increase the value of your small business.
December 10, 2018
how your personal values affect your business

How Your Personal Values Affect Your Business and Its Strategic Planning Process

Your values are important – guiding your actions along life’s journey. Likewise, your personal values affect your business life as well, driving your decisions and your performance as a small business owner. We’ll discuss these values so ideally you can align your business’s vision and mission with them and hire people who align with you.
December 5, 2018
The Difference Between Business Vision and Mission

Understanding The Difference Between Business Vision and Mission

In our Value Growth Series, I’ve identified 8 fundamental areas of your business that can drive up its intrinsic value. I’ve told you that strategic planning is the type of planning you need to do to positively affect the value of your business. In this article, I’ll begin reviewing the pieces of the strategic planning framework. Specifically, I’m going to talk about the difference between business vision and mission, and how they affect your business’s long-term outlook.
December 3, 2018
strategic planning framework implementing you business vision

The Strategic Planning Framework: Steps That Drive Toward Success

As a business owner, you’ll do several different types of planning throughout the life of your business. Although all planning methods are important, one type of planning stands apart from the rest. When you’re trying to increase the intrinsic value of your company, strategic planning is vital to accomplishing your goals. Therefore, I’m going to give you a strategic planning framework to follow when you’re planning to grow the value of your business.
November 29, 2018
Business Planning Process Steps

The Business Planning Process…4 Steps to Help Make Your Plans Successful

By nature, entrepreneurs are passionate, driven, and courageous, ready and willing to charge hell with a water pistol. Yet, many business owners are poor planners. Author and businessman John L. Beckley said it best: “Most people don’t plan to fail. They fail to plan.” Oftentimes, you’re so consumed with daily business operations that you don’t take time to plan for the future. Inevitably, you experience set-backs and failures that keep you in a hamster wheel of day-to-day worries. But there’s hope. By instituting a business planning process within your company, you can disrupt your present weaknesses enough to make them tomorrow’s strengths.
November 26, 2018
How to Drive Up Your Business's Intrinsic Value

8 Foundational Components that Drive Up Your Business’s Intrinsic Value

Having a profitable business with consistent and predictable cash flow is important to your company’s survival. However, if cash flow, revenue, and profits – the quantitative sides of your business – are the only things you seek to improve, then the qualitative sides of your business will suffer. Although it’s easy to identify your business’s quantitative factors, it’s harder to identify it’s qualitative factors. Thus, I want to identify eight foundational components that drive up your business’s intrinsic value – its qualitative worth.