Failing to plan is planning to fail! Out of simple necessity, small business owners tend to be focused solely on the day-to-day. I always say that all they can focus on is getting all of their orders out by Friday. There’s no time for anything else. And when the next week starts, they begin the same cycle over again. It’s difficult for small business owners to find time to do any business planning. It just doesn’t make it onto their priority list. We argue that they need to make the time! Month... [continue reading]

On May 27 Bob and I hosted our first virtual workshop for SCORE Minneapolis. For those of you who don’t know, SCORE is the best free resource for entrepreneurs and small business owners. SCORE will assign you an experienced executive to serve as your business mentor – for free! This is from their website: For over 50 years, SCORE has served as America’s premier source of free business mentoring and education. As a resource partner of the Small Business Administration (SBA), SCORE has helped more than ... [continue reading]

The Minneapolis office of SCORE (the Service Corp of Retired Executives) reached out to us at ProjectionSmart recently. They asked us to do a webinar on business planning to get people to take at least that first small step toward starting a business. So here we are again. Join Bob and me for a live webinar on Wednesday, May 27 from 9-11 am. We’ll show you how ProjectionSmart can help you plan your startup. Remember that startups that plan are 50% more likely to succeed! In the webinar we’ll review... [continue reading]

I read an April article in Inc. magazine about Mark Cuban, entrepreneur, Shark Tank investor, and owner of the Dallas Mavericks of the NBA.  He says that, contrary to popular opinion, this is actually the perfect time to start a business: "Five to 10 years from now, we'll look back and there will be 30 businesses that were created where we'll say 'Damn, why didn't I think of that? It makes so much sense now." Cuban gives two reasons. First, he says forget about capital. It is difficult to get capital ... [continue reading]

If you're an entrepreneur, you will probably at some point be forced to write the dreaded Business Plan. You'll need to raise money, either debt or equity, and the person giving you the money will want to see what your plans are. Why did I call the business plan "dreaded?" Just Google "I hate business plans" and you'll see what I mean. You'll see topics like, "10 Reasons Not to Write a Business Plan," and "Business Plans and Why I Hate Them," and "Why Business Plans are Worthless." Really makes you wa... [continue reading]


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~ Jessica, Startup entrepreneur

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