3 Reasons Great Ideas Fail as Startups

3 Reasons Great Ideas Fail as Startups

3 Reasons Great Ideas Fail as Startups The conventional wisdom with entrepreneurship is that you need to be ready to weather tough times. Depending on which numbers you review, you’ll find that anywhere up to 75 percent of all startups fail It’s easy to write off of these failures as the work of people who didn’t know what they were...

Top 3 Apps to Work Smarter and Save Time Every Day

As partner and director of strategy for Altima Business Solutions, my job is to increase profitability right now sustainable through tomorrow and beyond. My secret sauce? I free up management time. Think about it: how much more successful would you be if you could focus 90% or greater of your energies on what moves your needle? Time has become one of the most precious commodities, just behind knowledge (cf. 3 Moves To Reap The gold Of The New Knowledge Economy). As an entrepreneur, there are never enough hours in the day to accomplish all of what your business requires let alone for family or relaxation time. Working strategically is a very efficient way to manage your time and sustainably grow your business. Strategy applies not only to make important decisions but also to improve the daily tasks by working smarter through systems and processes (cf. Strategy). What if even mundane tasks could be done more efficiently and in no-time? Here are the top 3 apps we use every day which save us tons of time: Camcard: is the easiest app to manage and exchange business cards. Take a picture of any business card with your phone, add notes, category, etc. It will immediately populate your contacts and also build a separate database that you can access on any device, including desktop, and easily export. Producteev: is a social task management application. Much more efficient than your to-do list. It will let you manage your tasks, assign tasks to team members who will receive an email notification, easily integrate with your calendar and remind you of deadlines. Keeper: is the...

Why the Most Successful People Lean on Their Friends

Why the Most Successful People Lean on Their Friends Do you believe you have everything you need to make it to the top of your profession, your company, or your industry? If you answered yes, that might be a problem. The most successful entrepreneurs and executives know they don’t have all the answers they need, and they don’t expect themselves...

How to Build an Enduring Business During a Time When Businesses Don’t Endure

How to Build an Enduring Business During a Time When Businesses Don’t Endure Writer Bourree Lam posed an interesting question: “Will firms live as long as they once did?” to which he answered, “It seems not: Richard Foster, a lecturer at the Yale School of Management, has found that the average lifespan of an S&P company dropped from 67 years in the 1920s to 15 years...
Lead With Thoughts of Abundance, Not Scarcity

Lead With Thoughts of Abundance, Not Scarcity

Lead With Thoughts of Abundance, Not Scarcity When you lead a company, as opposed to just running it, one of your key responsibilities is managing the mindset of the organization. Who you’re being is just as important as what you’re doing — if not more so. That is because the way you’re being — your mindset — creates the reality of the world around...