What does it take to get in touch with your inner rebel and run a business on your terms? Today’s Information Age has spawned a number of rebel business leaders, from Virgin’s Richard Branson to The Body Shop’s Anita Roddick and to Joie de Vivre Hospitality’s boy wonder the author himself, people who have the [...]
Follow @powerhomebizBook Summary: The 17 Indisputable Laws Of Teamwork
To achieve great things, you need a team. Building a winning team requires understanding of these principles. Whatever your goal or project, you need to add value and invest in your team so the end product benefits from more ideas, energy, resources, and perspectives. 1. The Law of Significance People try to achieve great things [...]
Follow @powerhomebizBook Summary: EVEolution: Understanding Women Eight Essential Truths that Work in Your Business and Your Life
For any business to survive today, it needs to understand how to market to women. The fact is women make 80% of all purchasing decisions. Women are brand loyalists. Your product or service must address their complex, multiple lives as home managers, home-workers, entrepreneurs, caretakers of elderly parents, and professionals.
Follow @powerhomebizManagement by Baseball
If you think baseball is just the national pastime, think again. According to management consultant and ex-baseball reporter Jeff Angus in his book “Management by Baseball,” baseball can teach you everything you need to know about management. From the managers’ strategies to the players’ batting averages, baseball can impart critical lessons on project management, maximizing [...]
Follow @powerhomebizUsing the Right Logo for Your Business
The Logo: a little history Logotype, commonly know as a logo, is a design, a graphic representation/image/trademark symbolizing one’s organization. Designed for instant identification, a logo can appear on company letterhead, advertising material and signs as an emblem by way of which the organization can easily be recognized. Originating in the 19th century, after a [...]
Follow @powerhomebizHow to Use Graphs and Charts in Your Business Plan
Many people ask how many graphs or charts they should have in their business plans. As with most other business planning questions, the answer is it depends . This article discusses the key factors influencing the number of graphs and charts to include in your business plan. To begin, the key point to consider in [...]
Follow @powerhomebizCompensation of Husband and Wife in a Partnership
This is a question we received from one of our readers through our Consult Your Guides: I’m staying in VA. Recently I’ve started a new firm (S Corp) and working as a contractor in DC through my firm. I’m the only one working for the company. My wife is partner in the company, but she [...]
Follow @powerhomebizBook Summary: Effective Networking For Professional Success
We are all self-employed now. Today there is absolutely no job security. We are living in an age of corporate downsizing, and freelance consultants, or self-employed workers are growing by the day. Networking is one skill you need to practice to get ahead and survive these uncertain times. Wisdom in a Nutshell: 1. Networking is [...]
Follow @powerhomebizEmbarrassed To Discuss Your Prices? Seven Common Reasons
Last week, a wonderfully-skilled electrician installed a new light fixture for us. He was competent, courteous and efficient. He answered all our questions simply, with skill and eloquence. I was amazed, as you might imagine, when I asked him, How much do we owe you? and his embarrassed reply was, Gee, is $50 okay? With [...]
Follow @powerhomebizChanging Your Position When There’s Competition
Are you finding many of your best prospects already working with competitors? When you pursue a new opportunity, is someone else capturing the prize? Maybe it’s time to re-evaluate your positioning. Your market position is the place you occupy in the mind of your prospective clients. It’s how they think of you as compared to [...]
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