Hello, Great question! I went from a large firm to a small business and became the manager quickly. I ran and managed the entire office and that is how my experience relates. There are multiple ways to keep the manager enticed to stay in your organization. Here are a few ideas that have worked...
As you can imagine this is a vast question. The key elements are to be able to pay attention in 4 different ways simultaneously: 1. Diffuse Focus: You must keep an open mind to give you a global vision of what is happening within and outside of your business. This means keeping up with industry...
Are you looking for a partner or a vendor?
Hi, Great question to post. I've been in your situation a number of times so understand where you are coming from. Both from startup's i've had through to working on Go To Market strategies in large businesses. The first place i would look to is defining geographically where i wish to cover e.g ...
One thing I like about your question is the fact that you're ASKING it. Trying to quantify profit. Most people never even get that far. They treat profit--especially if it is that of their own business--as some ethereal thing they will "get later" if possible. "To manage we must measure" is a ...
You can use something like Amazon FBA where you send all your inventory to one of their many warehouses around the world and they will securely store it for you. Then, when you have a sale, they will pack and ship the order to the customer for you. They even handle things like returns and custome...
#1 Go to LinkedIn. Find a bunch of group owners / managers for LinkedIn groups that are large and relevant. Talk to them. #2 Next identify important bloggers. Websites with high Alexa rankings, perhaps, and which cover entrepreneurship. Ask them about dropping a mention with a link. Also as...
It depends on your business but in my experience, the best was to do a half and half model where some of it was virtual and some of it was onsite. After hours is something that costs effective outsourcing to a virtual company can be effective.
Hi: Without knowing exactly what your product is, the quick answer is "it depends." Many regional and national retailers do allow for some portion of local discretion in their product mix, but they handle it in different ways. Some have local buyers, some have regional buyers and yes, some have y...
I'd be happy to speak w/ you on a call and share some meaningful insight. Thanks.