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.

BUSINESS OWNERS, WOULD YOU RATHER BE RIGHT OR RICH?

One 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…

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BUSINESS PROFIT - 3 MAGIC WORDS YOU CAN TAKE TO THE BANK

You’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…

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START, BUY, EXPAND A BUSINESS – REAL MARKETING DATA – FREE

Who 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,…

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START A BUSINESS - RESCUE YOURSELF WHEN YOU'RE FLAT BROKE

So 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…

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EXPAND A BUSINESS- SWEET SUCCESS WITH MARKETING MAKEOVER!

One 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…

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11 SECRETS OF THE SUPER SUCCESSFUL ENTREPRENEUR

This 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…

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BUY A BUSINESS – KEEPING SELLER’S CPA FROM KILLING THE DEAL

Accountant’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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BUSINESS SUCCESS - THE ROAD TO GREATNESS

Above is an eight minute video blog that I believe can elevate forever the way you see yourself. Equally important, it provides you with a pathway to an unimaginable level of business success. Below is the text of a key portion of the video blog. It's the set of instructions that can propel you from…

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BUY A BUSINESS WITH LITTLE OR NO ATTORNEY FEES

A question often asked by entrepreneurs is: How much does it cost in legal expenses to complete the acquisition of a company?” A better question would be: "How do I get the services of a top attorney without emptying my pocketbook?" I'll answer both questions here. In the many transactions that I’ve participated in during…

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START A BUSINESS - BREAKING THE BANK LOAN 2 YEAR BARRIER

A good bank lending officer can be an entrepreneur's most important ally. Yet most fledgling entrepreneurs have unrealistic expectations of their banker. Expect your banker to play it by “the book.” “The book” divides your business entity's history into two segments: 1) before two years of successful operation; and 2) after. To the uninitiated, dealing…

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