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...
by Norm Brodsky | Apr 3, 2019 | Mentoring
In a recent article for my Inc. magazine column, I talked about how often I get asked what I think separates a true entrepreneur from a businessperson. I don’t really think it’s any one trait, but having said that, there is one distinguishing...
by Norm Brodsky | Mar 13, 2019 | Business Tips, Entrepreneurship, Mentoring, Small Business
We all love shiny things, but in business, it can sometimes be hard to tell what truly holds value for your company and what doesn’t. A couple of years ago, I encountered just this problem with an entrepreneur, “Kyle,” who owned two sports leagues...
by Norm Brodsky | Feb 27, 2019 | Entrepreneurship, Kill the Legacy, Mentoring, Sales Amplification
As you build your company’s future, it’s important to evaluate regularly to ensure that you aren’t building vulnerabilities into it that could come back to bite you down the road. Recently I was discussing this common entrepreneurial mistake with a...