Actionable Advice

The Simplest Picture is the Best Forecast

Hurricane Photo

Would you rather know the complete wind-speed, temperature, and latitude of a hurricane… or to see this satellite picture of it barreling toward you? To me, forecasting business performance is the same thing.  Give me the big picture so I can worry about the things that matter (like finding batteries […]

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Why Neurotic People Win

focus

I’ve had a hard time focusing lately. The world is moving too fast and I can’t stop thinking that there’s more I should be doing.  Just reading a single issue of INC Magazine I get bombarded with 10 Next Big Things: from iPad apps and organic chocolate bars to video […]

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Avoiding Personal Guarantees: Loans are Fun Again

Seems like every time I start a new business, I start it at the bank.  In the chair.  In front of the loan officer. ME: “I’ve got another great idea Mr. Banker.  I just need a loan for $600,000 to buy a greenhouse.” BANKER: “That’s fine Mr. Worrell.  So long […]

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RMA: The Banker’s Secret Book You Must Know

Understanding Financial Statements

Yes, Virginia, bankers do have a secret book.  Yes, it has answers you need to build your business, get a loan and more.  But wait, it gets even better.  Let me back up just a little. If you are writing a business plan, trying to project your company’s financial future, […]

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Learning from our mistakes — and other people’s ideas!

Looking for a great business idea?  Want a good laugh out of the millions that failed? You gotta read this: Tim Berry’s Blog – Planning Startups Stories. Tim is a fellow business blogger who sees both the humor and opportunity in everyday life.  I think you’ll like it!  

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Monday Rant: The Lame Name Game Takes Another Victim

There are few companies that I love, but Administaff was one.   Why?  Because they did exactly what their brand name says — they took care of all the administration of my staff, including HR, payroll, benefits, liabilities, hiring, compensation, etc.   Administaff was my trusted partner / PEO (Professional Employer […]

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What’s a Tweet Worth? About $5…or $50,000 if you are Charlie Sheen

I’ve always wondered… what’s the value of a Tweet? Fortunately, someone far smarter than me has put pencil to paper and come up with a good guess.  (Here’s the whole story about the Value of Facebook Likes and Tweets, but I’ll save you the click.)  Here’s the results: So how […]

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Crowdfunding Startups: 11 New Crowdfunding Sites Put Cash In Your Pocket

crowdfunding startups

If you’ve been looking for funding, this is a very good time to be alive. Crowdfunding is taking off. Here’s 10 new sites that can help you finance your startup… or more.

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