Business Turnaround: Maintain a Strong Relationshi...

A strong business turnaround requires creating a plan your creditors will use; then, you must prioritize whose debts you will pay. It is your responsibility to apprise your creditors of your business turnaround plan and company forecasts so they can extend loans, grant more, or even forfeit some of the debts. Be Forthcoming with Creditors The goal of creditors is simply to make back their investments in some form, and they...

If you Received a Personal Letter from Me in the M...

Ok, so I personally reached out for help this week and mailed over a hundred personal letters. If you’re one of the 117 people who will receive one of these first class personal letters in the mail from me here is some important information you need to know All people who will receive a letter were hand picked. Lacking thousands of dollars to conduct marketing research, I personally selected 500 key businesses but only...

Is My Generation Lost?...

Last Wednesday I went in to get my weekly haircut (yes weekly) and a lady was watching a clip on the internet about a lost generation. More specifically, my generation. I only heard the first twenty some seconds before I tuned it out and rolled my eyes thinking to myself “I’ve heard this before” However, when I watched the whole clip things turned around for the good. The message went from depressing to...

Challenge Your Own Thinking...

Business Turnaround Basics – Your Challenge Many of us walk around and operate in our own little world. A world where everything is seen through and perceived by our own point of view. This point of view is often guarded by our ego. For example, if you come up with an idea or a new way to do something as part of a business turnaround initiative or a cost reduction strategy, it automatically seems like the best way...

What Tools Every Business Needs in Their Toolkit...

Business Turnaround Basics – Toolkit People often ask when it comes to a business turnaround or improving its current status, what should you use to fix it and why?  More or less they want a toolkit for an instant fix.   We all know there are different tools to be used for different jobs.  You wouldn’t use a sledge hammer to tighten a bolt on a ceramic toilet (wait I actually know someone who tried this approach...

I’m not a Doctor but I’ll Have a Look...

I started off in college not knowing what I really wanted to be or do.  I began as a psychology major enjoying the mind and the factors of influence as well as people but I didn’t want to spend 8-12 years pursuing a degree.  I wanted to serve as quickly as I could.   I then changed to business because of my ability to connect with people and my personality.  Also, it left many doors open as well as unlocked.  Even...