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Is the Passion There?

Posted by on Jul 16, 2013 in Uncategorized | 0 comments

Do you know someone who is about to start a business? You, maybe? What is the No. l question you should ask yourself first? The late Steve Jobs asked and answered the question before he founded Apple. So did Bill Gates before there was a Microsoft. Here it is: Do you have a passion for what you’re about to do? Yes, you need a good business plan, a go-to-market plan, and more. But it’s passion...

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Communications Key

Posted by on Jul 16, 2013 in Uncategorized | 0 comments

I was at Dunkin’ Donuts on Mother’s Day getting a coffee when I saw a mother trying to talk to her daughter, who was texting. They definitely were not talking about Mother’s Day. The mother grabbed the phone out of the daughter’s hand and slammed it into the mother’s bag. Mom resumed talking but the body language of the daughter said they weren’t...

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Business Planning Tip: Do the Hard Work First

Posted by on Jul 16, 2013 in Uncategorized | 0 comments

“Hard writing makes for easy reading; easy writing makes for hard reading.” Who said that? Do you know? Mark Twain did. And it’s spot on when applied to business planning for startup companies. The Small Business Administration says if you don’t do the hard work to determine your strategy, your competitive advantage, measurable goals, and more, your business will suffer. If you...

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Don’t Go by Gut Feel

Posted by on Jul 16, 2013 in Uncategorized | 0 comments

I have a simple question for you: Do you know people who make major business decisions based on gut feel? It can work, but most of the time it doesn’t. Why would anyone risk his savings and his family’s well-being by launching a business without a fact-based business plan? I like to work with people who want to make major decisions based on the facts. I’m Bob Farquhar with...

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Make Enough to Give

Posted by on Jul 16, 2013 in Uncategorized | 0 comments

I’m doing a business assessment for three companies whose common denominator is giving – of themselves and of their money. One is a struggling business whose principal still finds a way to donate time and money. Another is a startup whose principal has a rich history of volunteerism. And the third is a company that already is doing well – well enough to support its church by tithing and...

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