Business Tips by Chris Reich
Tips from growing a business to dealing with disputesSummer Can Dry Out Your Business
For many businesses summer is the absolute hardest time of the year to keep things going. The bills don't go down but sales generally do. And it is so difficult to make marketing productive. The market gets flaky. People break appointments. Prospective new customers...
Does It Matter?
The subject of fear came up in a conversation with a startup business owner this morning. Yes, it is scary to be in business. I had better be a little scary or you are kidding yourself. But, it does have to be too scary if you are not making insane financial decisions...
Starting a Business with Little Cash
Video Post today! Think about this if you're trying to start a business and need cash.Chris Reich, TeachUFW: 130 (I'm stalled out again!)
Buy American! It Is Safer!
If the Chinese are smart enough to not buy their products, why aren't we?This is where a lack of ethics will take us if we are not careful. Ethics are already in serious decline in U.S. business._________From ReutersBy Melanie Lee SHANGHAI (Reuters) - Sophie the...
Is Your Message Believably Genuine?
As I looked at the picture, being of a generation where the word “genuine” actually means “real”, the comments threw me.
Independence Week: Having Fun?
I always associate the week of July 4th with my own independence. It's the time I celebrate my work independence. In reality, most people didn't come to this country to escape persecution but rather to improve their economic prospects. The European countries had a...
Your Business Could Really Take Off
Your Business Can Do BetterThe competition is abundant but weak. The market is weak but abundant. This spells big opportunity for your business if you do one thing.PlanWait! Wow, I can hear the clicks---bye bye. For those that read on, good for you. Your business will...
Good Enough to Be Wrong
The great physicist, Wolfgang Pauli, was once asked to review a paper written by a student who was not well thought of by his professor. The professor wanted confirmation of his opinion of the student from Pauli.When he finished reading the paper Pauli remarked, "he's...
Are Ethics Relative?
I believe we can trace the decline in the American way of life to a decline in ethics. During times when we truly did good, we did well. Since the turn of the century we experienced a rapid decline in ethics. Government became less accountable. Big business grew more...
On the Personal Side
Sometimes it is a good idea to let people know who you are as a person. Yes, in business, it is okay to let people in on things happening in your life. I believe telling people a little about big events in your private life tells them a lot about your character. No,...
Business Startup Advice—Build-out
There is one item in the plans for the new business that can completely blow out the budget. Getting this wrong has put many new businesses in the hole before the doors open.From the title you know I am referring to the build-out line of the startup costs.Not to...
Sort Of Half Way
We are just about half way through 2013. Memorial Day weekend represents a sort "half time" in the game. For many businesses, it gets tougher from now until late September. The holiday, graduations and vacations will slice into sales. Are you ready?If the first half...
Some Care, Some Do Not
We all mourn the death of customer service. From out-sourcing of support to outright failure to stand behind products, many companies simply thumb their nose at unhappy customers.We feel that the internet has given us a degree of protection. Some companies are now...
What Is Entropy?
Entropy is the thing that eventually kills an old business. Even giants fall to entropy. Hostess fell to entropy!So what is it?In physics, we say that in a closed system, entropy always increases. If you add some hot water to cold water, there will be a place where...
What Matters
Monday is here. We are in the final third of this month. Are you spending today doing something that matters or are you filling time and avoiding the things that could actually improve your business?Spend Monday doing things that make a permanent improvement---at...
What I Shipped This Week
If you're busy being busy you are not producing. Here's what I shipped this week:One business has blasted off after getting a couple hours of advice from TeachU (Several thousands in sales!)One business has completely turned around! After losing a huge amount of...
Continuous Improvement?
So many stale businesses have something about "continuous improvement" in their mission statements that the expression no longer has meaning. If your business talks continuous improvement, why is changed resisted? Why are new ideas met with zero enthusiasm?Why is any...
Snowflakes, Rocks and Customers
You have heard of course that no two snowflakes are exactly alike. Of the billions and billions that have fallen to earth, no snowflake has ever been exactly duplicated.That seems pretty remarkable until you think about complexity.A single snowflake is made of...