Tag Archives: Entrepreneurship

Working together

Anyone in business is in competition with others in the same field, but that doesn’t mean that you cannot also be colleagues. At my last auction, the person who taught the auction school I attended and is a competitor, brought … Continue reading

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Keep the cash flowing

As I’ve shared in this blog I once owned a small business that did not survive the financial downturn that began in 2008. When times are good a lot of mistakes can be hidden, but when things get tight all … Continue reading

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Trade offs

Today we are setting up for an auction tomorrow night. I rent space in a city-owned building that was built as a business incubator. Several smaller businesses started off there, and some maintain permanent offices in that building. I just … Continue reading

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Cash is king

In my book Mistakes: Avoiding the Wrong Decisions That Will Close Your Small BusinessĀ I addressed the problem of running out of cash. Although our company had a good amount of money in accounts receivable, during the 2008 recession it became … Continue reading

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Learn from other’s mistakes

I’ve enjoyed doing a lot of different things in my life. Since getting out of the Navy I have worked in a factory, farmed, sold seed corn, pastored a church, served in a ministry position in our denomination, owned and … Continue reading

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Don’t get your small business padlocked over taxes.

In a recent post I shared an item or two from my e-book Mistakes: Avoiding the Wrong Decisions That Will Close Your Small Business. This book was written to help the reader avoid the kinds of simple mistakes I made … Continue reading

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Avoid common mistakes that ruin small businesses.

The failure rate for small businesses is quite high. Many of these failures could be avoided because many of them are due to making some very small mistakes that, when added together, become quite costly. Several years ago we owned … Continue reading

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