Can women business owners expect to generate the same or higher profit as male owners? How has COVID impacted business outcomes?
Let’s take a look at some facts about why female business owners face unique challenges, along with practical ways to offer support.
Continue reading “The 5 Challenges of Being a Female Business Owner”
More Companies are Owned by Women, Especially Minority Founders
Women’s History Month might be over after March 31, but female business owners have a year-round impact. In the spirit of International Women’s Day and this year’s motto, Break the Bias, we can envision a world that is more diverse, equitable, inclusive, and where differences are valued and celebrated.
Let’s take a look at some facts about what makes female business owners unique, along with practical ways to offer support.
Continue reading “7 Characteristics of Female Business Owners”
It has taken me 14 months to finally take stock of what took place in my business. As with many owners, 2020 did not deliver the outcomes I was expecting.
The idea of re-living those disappointments felt so painful… that I decided to delay the Year In Review process until now.
Continue reading “My 2020 Business Year In Review (a Year Late)”
We’re almost at the end of another year! And although 2021 may not have gone as expected, you now have a choice:
Continue reading “My Past Year Wasn’t Great; Should I Still Do a Year In Review?”
- You can head into the new year with a renewed determination and hope that things will improve…
- Or you can take stock and prepare for what could be coming, whether good or bad.
Manipulation, grooming, and cult-like behavior don’t just stay in the shadows. These tactics are used by religious leaders, business owners, and influencers all the time.
We can see the effects of cult tactics in recent federal court trials of Josh Duggar, Elizabeth Holmes, and Ghislaine Maxwell.
Continue reading “How Cult Tactics Affected the Duggar, Holmes, and Maxwell Court Cases”
- All defendants took advantage of innocent victims (allegedly).
- All three were heavily influenced by a powerful, manipulative cult-like leader.
- And all helped to develop an organizational culture that excused horrendous behavior, allowing them to callously inflict damage on their victims for years.
Last year, in my 7th year as a traditional consultant, I started to feel frustrated. My clients were getting tremendous value from our projects, yet we didn’t work together long enough to see a long-term impact. Unexpected issues would pop up that changed the scope of the project.
If only we could discuss those hidden problems before agreeing to work together, I thought.
Was there a way to get in front of potential problems instead of finding them out too late? How could I insure my clients get the maximum benefit — and also identify potential problems with a client engagement — BEFORE we signed a contract?
Continue reading “I Got Featured on the Everything Business Consulting Podcast!”
Have you ever thought about the amount of profit you’re getting from each of your customers?
There’s a simple way to find this out: it’s called the Customer Profit Contribution calculation.
Continue reading “How to Analyze Your Customer Profit Contribution”
Truth-tellers are able to shine a light on actions that could be causing harm. The Devil’s Advocate perspective can alert us to vulnerabilities and how to reverse them.
Continue reading “14 Incredible Devil’s Advocates Who Refused to Stay Silent About Injustice”
When we ignore contrarian thinkers and those who call out injustice, it can alter our ability to make risk intelligent decisions. This article explains the history behind a Devil’s Advocate role, where the phrase comes from (hint: it’s Catholic!), and the benefits of welcoming contrarian points of view.
Continue reading “What is a Devil’s Advocate Perspective?”
Customer habits are changing as a result of the COVID pandemic. In order to remain competitive, nearly every business owner has had to adapt their delivery, communication method, and product offering.
This change is obvious for industries such as food service, hair salons, nail care, and other in-person businesses where profit margins have been hit especially hard… resulting in the closure of 200,000 businesses (and counting). However, some areas of the market are actually enjoying tremendous profitability.
Want to know what they are?
Continue reading “Which 64 Business Industries are Growing Despite the Pandemic”