Blog
Gordon blogs only when he sees a need either among our members or within a business transaction in which he is personally engaged. Content rich and highly insightful, Gordon's blogs are like an advanced course in business success.
Each time you complete an assignment, feel free to turn it in and I will review it and give you any appropriate comments. I recommend that when selecting fields for going into business that you seek a field that best answers the following questions in the following order of importance. 1. What is your passion?…
Read MoreCreating your vision statement is the single most important step that you will take in the building of your enterprise. It will become the seat of your power by which you transform your thoughts into material form. Here is a process that can empower you to move mountains. Suspend for the moment all disbelief,…
Read MoreOne of the earliest lessons my dad taught me was, that in business, “the customer is always right.” “But, dad, he messed the carpet up himself,” I said. “Yes son,” my dad replied, “but we’re in the floor covering business, and the customer gets to choose to buy from us or a carpet store down…
Read MoreYou’re the smartest person in the room. You have so many degrees after your name your signature never fits on the dotted line. No one else has more experience. You work tirelessly. Your output is voluminous. You’re broke. Alright, you’re not broke. But, you’re not rich either. There are guys and gals with half your…
Read MoreWho is your customer? What is their income level? Age? Gender? Family status? Race? National origin? Industry & Occupation? How many and where do they live? Trends over time? These are just some of the elements that form the basis of evaluating the marketplace you intend to master. When starting, buying or expanding any business,…
Read MoreSo your business failed. You have no income. Every dollar you had was invested in your business and it’s gone. Maybe you have bill collectors calling night and day and eviction from your residence is only weeks or even days away. Your brain and emotions are beyond fried. You have no money, no prospects and…
Read MoreOne of my apprentices purchased a small regional candy manufacturer. The company had some non-descript products that for the most part were similar to products of other larger candy manufacturers who enjoyed substantially more robust channels of distribution. One of their products was the texture of a gummy bear, the shape of a jelly bean…
Read MoreThis blog item looks at one primal directive and ten skills that can elevate an entrepreneur to super success status. The primal directive: Pursue your passion Success in any business is very demanding. Many entrepreneurs spend 80 or more hours a week for years building a business. You’ve got to love what you do or…
Read MoreAccountant’s play a significant role in the acquisition of most businesses. You should not buy a business without a review of the books and records by a CPA. The benefits of their review will usually far outweigh the costs. Likewise, the seller’s CPA can play a very productive role or they can kill your deal.…
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