One of the most regular conversations that I have with Catapult members relates to strategy. We can formulate great—even brilliant—strategy in the boardroom, but without the detailed execution from the support team, the strategy remains ineffectual. To produce meaningful results, the strategy needs to be...
Good Information Can Help You Make Good Decisions Many years ago I had the opportunity of hiring a talented and caring chief financial officer by the name of Garry Carter, CPA who during the interview process said to me, “Brad I’ll give you good information, and...
Different is good. Different is the way to more customers and higher profits. Without clear market differentiation your business will look much like a commodity, and commodities generally compete on price. Competing on price is not much fun. Market Differentiation Strategy Tips for Success Discussions about differentiation...
You have likely invested a lot of time, energy, and money in your company, and you want to see it thrive. Do you feel like you are doing everything in your power to grow your small business yet just keep coming up short? The answer might...
Some business owners consider working long hard hours to succeed in their business as a “badge of honor.” Many people like to discuss the amount of hours they’ve worked, and there’s nothing wrong with that. However, the more they invest in this mindset, the more...
It takes a multitude of well-made decisions for entrepreneurs to find great success in their ventures. Here are four key elements that should be top of mind: 4 Keys to Building a Successful Business 1. Increase Gross Margin Structure pricing so that gross margin is adequate to cover a typical...
A flourishing business won’t happen overnight, and it won’t happen from just one person. Cooperation is a key component to a successful business. Here's why you'll want to motivate employees on your team. Why Motivate Employees? Hard-working employees are a necessity for business leaders. This kind of...
Sure, not all entrepreneurs are the same. They’ve grown different businesses, studied a variety of topics, and they each have something unique to offer. However, they have more or less followed the same path to get to where they are now. A Successful Entrepreneur will...
This is a guest contribution by Dr. Paul H. Jenkins, Ph.D., Positivity Psychologist Down Is Default Why can it be so hard to stay positive? Why is it so easy to get sucked into the negativity trap? Unless there is some force to the contrary, Mother Nature’s default...
SUMMARY Are you making costly management mistakes? Ther are 3 common mistakes that often lead to ineffective leadership that can inhibit the potential of your business: 1. Under-Hiring Talent - Not having the correct team in place can create mediocre results, so it's imperative to hire strong. 2....