by Norm Brodsky | Sep 25, 2019 | Entrepreneurship, Mentoring
Mistakes are part of being human, but when an entrepreneur makes a mistake, it can be at the cost of jobs, opportunities, millions of dollars, or even the survival of the company. I’ve been there. The one thing that I learned (the hard way) is that entrepreneur...
by Norm Brodsky | Aug 14, 2019 | Business Tips, Entrepreneurship, Mentoring, Oil & Gas Industry
Recently I stumbled over a 4 year old post from my Inc. magazine column that reminded me of how many entrepreneurs don’t give enough thought to how their business will react to abrupt market changes. This is especially true when business is going well. But there...
by Norm Brodsky | Jul 17, 2019 | Business Tips, Mentoring, Small Business
I’m a big believer in building a company today as if you were going to sell it for maximum dollars tomorrow. The fact that you might not actually be selling your business doesn’t matter. “In other words, no shortcuts. Do what’s best for the...
by Norm Brodsky | Jun 19, 2019 | Business Tips, Family Business, Mentoring, Money, Small Business
When your company has credit card debt, there’s almost always a logical reason for it, financing growth being at the top of the list. But it’s not a great idea to carry a lot of debt year over year. In a recent post on my Inc. magazine column, I tell the...
by Norm Brodsky | May 29, 2019 | Business Tips, Entrepreneurship, Mentoring, Small Business
When’s the best time to think about selling your company? Right now, even if you have no current plans to sell. I’m a firm believer that you should build your company from the beginning to sell for maximum dollar. In my experience most entrepreneurs...
by Norm Brodsky | Apr 24, 2019 | Business Tips, Entrepreneurship, Mentoring, Partnership
it’s a well known saying in business that the best entrepreneurs think of ways to turn failure to success by finding opportunities where problems exist. But sometimes that’s easier said than done. Spotting a problem is usually easy enough, but the...
