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Last Update: Monday September 23, 2019

Management

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Communicate Your Vision

2:51 | Register or Log in | Become a Member

Hattie introduces us to business owners with staying power.  First, meet our veteran entrepreneur, Jim Schell. He says you need a vision and a mission statement.   More...   Please note:  There is more from Jim here:
Understand your financials,   Selling the business, and  Opportunity Knocks.

Define Your Business Model

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John Hawkins bought a failed business and changed its model.  More...  And more... About John...

Understand Your Numbers

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This video opens with Bob Orenstein of International Wine Accessories. At 32 seconds, Meeko Mullin, an owner of Hot Dogs on a Stick (HDOS) and an operations manager, discusses key ratios. Every employee is an owner at HDOC and all understand the numbers. More...  Staying power...

Form a Board of Advisors

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John Castle shares his big business experience by serving on boards of small companies.

Be the Place to Work

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Tom Gegax built a business from nothing to hundreds of millions in sales. He says that no one wants a boss but everyone wants a coach and that the key to coaching is clear communication.

Be Willing to Evolve

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Steve Hoffman's company, Modern Postcard, is the result of decades of continuous improvement.  Steve started in business as a company of one and today he has hundreds of employees and thousands of customers.   More on Staying Power ...   More wisdom from Steve...

Be Boring And Rich

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Ironbound Valve Actuation demonstrates that some of the most boring and dirty businesses, including copper pipes, rake in the most cash.     More...

Work Your Way Into Ownership

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After ten years of working at Ironbound,  Howard Kent gained a new appreciation for the profitability of pipes and arranged to buy the business.

Respect Technology

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Ironbound has always used technology to run its business and now it puts technology to work to track inventory, generate sales and determine profitability.

Ask Veteran Employees To Think in New Ways

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Howard Kent believes in teaching employees about the business, providing opportunities for them to demonstrate their talents and sharing in the business success.