by Chuck Kocher | Jul 15, 2013 | Business Growth, Execution and Productivity, Great Entrepreneurs
A business that manufactures nuts and bolts may not seem very sexy. Of course, when Bob Kierlin scraped together $30,000 with for of his friends to open the first Fastenal store back in 1967, he probably wasn’t thinking about having a “sexy” company. And when the...
by Chuck Kocher | Jun 24, 2013 | Business Growth, Cash and Financials
There are a lot of variables that determine whether or not your business will be successful or not. If you don’t have the right business idea, you won’t get too far. If your overall business planning is poor, success will elude you. Of course, an excellent plan...
by Chuck Kocher | Apr 29, 2013 | Business Growth, Execution and Productivity, Leadership, Planning, Strategic Thinking
As a business leader you know you have to continually invest in your businesses. When money is tight (and when is money not tight?) that can be tough to do. The long-term downside of not investing, however, simply isn’t an option. If you don’t invest in your...
by Chuck Kocher | Apr 22, 2013 | Business Growth, People and Teams, Planning
Good communication skills are among the most valuable skills you can develop for personal or business life. Good communication skills, however, involve more than simply knowing what to say—or even how to say it. Generally, there’s a right time to say something. If you...
by Chuck Kocher | Apr 16, 2013 | Business Growth, Coaching and Encouragement, Strategic Thinking, Strategy Creation
Whether we like it or not, as business leaders we’re faced with a choice: Innovate or fade into obscurity. In today’s marketplace there just isn’t much room for “me-too” companies. Companies have to reinvent their products and services constantly to meet the changing...
by Chuck Kocher | Mar 18, 2013 | Business Growth, Strategy Development
Since childhood we’ve heard that “the early bird gets the worm.” The implication for business seems pretty obvious: The first company into the market gets the lion’s share of the business. The early adopter of new technology gets a competitive advantage over his...
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