I can remember two egregious blatant acts of pure plagiarism that really upset me at the time, and the frustration still lingers many years later. Copying your competitors is not a way to beat the competition, but, evidently, my competitors thought that it was. In the first example, in their…

For points of clarification, a pentamillionaire is $5 million, and a decamillionaire is someone whose net worth is $10 million. To many, either may seem unreachable. I’m going to explain my theory on how to make it into the top 1% of wealth, how to become a decamillionaire and why…

As a quick recap, there’s a scene in the movie The Wolf of Wall Street where Jordan Belfort, who is played by Leonardo DiCaprio , wants to demonstrate how good one of his sales reps is. …

Last year, I wrote a blog post called Sell Me This Pen. I Tackle the Wolf of Wall Street Sales Riddle. Do You Know the Right Way to Sell the Pen? As a quick recap, Jordan Belfort, played by Leonardo DiCaprio in the movie The Wolf of Wall Street, asks…

The small business owner's elusive goal … how to increase revenues, how to increase the value of your business. and then, how to find sources of recurring revenue and apply that in your business. There was a time, not that long ago, where I believed that a new customer, sometimes…

Most small businesses make a surprisingly small amount of profit and have lower profit margins then you would expect. I covered this in a previous post titled: How Much Profit Does the Average Small Business Owner Make a Year? In the post, I concluded that the average profit margin of…

Being the company president rocks. You get to make the strategic decisions and guide the company toward success. You’re accountable to yourself (and your board). You’re on the giving end of performance reviews-not the receiving end. You can judge your performance by the business’s financials. Revenues and profits are up…

I’m typing this blog post from my iPad on a six-hour train trip from Porto in northern Portugal. My wife and I are on a seven-day family vacation with our two kids. I cherish these moments with our kids because they are not only older, so we can hang out…

More people than ever are looking to become entrepreneurs — in fact, a recent article on Forbes even suggested that everyone will have to become an entrepreneur. There are many reasons for this — from the financial climate, to the lack of a ‘job for life’, to simply having a…