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What To Know When Buying A Business

Strategy Driven

All of these factors can impact your new business’s bottom line, and you don’t want to enter into an unprofitable business from the start because you overlooked an important question or two in the preliminary stages. If your financing is secure. Determine the risks before jumping in with both feet, and you’ll thank yourself later.

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Big Data In Your Shampoo?

Mills Scofield

So, how would you prepare for a stage gate meeting that includes a "Go/No-Go" decision on continuing to develop a specific product? Just as crucial is the methodology- asking the right questions from the outset that are relevant to the gate decision. How Does This Change the New Product Development Process?

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Moving Beyond Company Organization Silos: Lessons from the Aviation Industry

Leading Blog

Even worse, functional processes — finance, human resources, sales, etc. It’s helpful to first understand the various stages involved in improving business processes. Synchronize siloed processes : Imagine if ATC activities were standard but siloed off from other aviation processes, such as airport gate management.

Industry 272
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The Secrets Of Great Scaling

Strategy Driven

You should be placing a strong emphasis on customer satisfaction no matter what stage your business is in, but it’s especially important to make sure you’re not getting distracted by scalability. Think About Finances. Bill Gates had Buffet , and Mark Zuckerberg had Steve Jobs. Keep Your Customers Happy.

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Freedom Only to the Degree of Self Mastery

Chris Brady

Author Steven Pressfield, the creative genius behind the book (and later movie) entitled, The Legend of Baggar Vance , as well as the beautifully written historical fiction book entitled The Gates of Fire (about the famed battle of Thermopylae), among others, offers one of the keenest insights into human nature I've ever encountered.

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Craft an Attention-Grabbing Message

Harvard Business Review

Schedules are packed as the high-stakes finance crowd gathers to hear 20-minute rapid-fire talks by CEOs of start-ups and public companies who seek funding or favorable stock analysts' reports. In contrast, my client, the CEO of a new biotech company walks on stage, rolls up his shirt sleeve, and stops at the center of the stage.

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Profit Is Less About Good Management than You Think

Harvard Business Review

In some cases, companies’ moats have enabled them to survive multiple technology disruptions and industry shifts over time, making their founders some of richest people in the world: think Bill Gates, Carlos Slim, Amancio Ortega, and Larry Ellison.