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As a business owner, you know what it’s like to lie awake at 2 a.m. Maybe it has happened when you are excited and full of new ideas for your business. More often, it’s because you are worried about issues you will face the next day. Sometimes, it’s because you just woke up with the solution to a problem. I’ve experienced all those emotions about my businesses over the years. Awake at 2 o’clock? is where I share them with you, and hopefully help with answers that will let you sleep.
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Tag Archives: economy
The Long Road Ahead
I’m sitting in Denver International Airport after yet another conference. Fortunately, it’s a whole 9 days until I have to come back here for another one. In January of 2009 I wrote a blog on the strategic Triple Threat. The … Continue reading
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Tagged banks, business planning, business strategy, economy, small business advice
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Ready…Set…Wait? Leading Indicators and small business
In the last few weeks I’ve talked to a score of small business owners who say that things are improving for their companies. Several have been involved in trade shows that had record attendance. A few manufacturers are seeing a … Continue reading
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Tagged business ownership, business planning, business strategy, economy, small business advice
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Is America the next Rome?
James Fallows has written a massive, thought-provoking article about America’s current social, political and economic issues in The Atlantic. Like so many of us that have spent time overseas, he looked at the US with fresh eyes on his return.In Fallows’ case, … Continue reading
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No instant replay in small business
There was a great play in the Yankees-Angels game last night. I’m not a huge baseball fan, so relax, this is really about business. Alex Rodriguez rounded third on a base hit and headed for home. The throw beat him … Continue reading
Posted in Leadership, Thoughts and Opinions
Tagged business planning, business strategy, economy, leadership, management, small business advice
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Here’s an exercise
Nothing fancy. Just presume, for a second, that my last post was substantially right. We will have a technical recovery from an economic perspective, but it won’t feel anything like prosperity. Ask yourself two questions: 1. What will my business … Continue reading
Posted in Leadership, Management
Tagged business ownership, business planning, economy, exit strategies, leadership, management, small business advice
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One Response to Here’s an exercise
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Good thoughts, Our TAB board is constantly drilling that into us. If this is the business climate I'm in, what should I be doing.
I've played a tremendous amount of baseball in my life and I continue to see infinite parallels that can be drawn between winning a baseball game and winning the game of business.
The ecomomic reality you've described is not pretty and, as you descrbied, paralysis WILL result in failure.
A World Series played in Phillie and NY will NOT be stable. It will have its share of ugly weather, insane fans and rotten calls. Welcome to the big leagues. The team that can understand its critical success factors, adapt quickly to changing conditions, manage emotions, stay focused and continue to execute no matter the odds will emerge victorious.
Go Yankees…