In defining your fundamental business strategy, put some serious thought into finding out what the intrinsic strengths of small businesses are and comparing them to those of larger ones. Do small businesses have a competitive advantage? How do large companies excel in particular areas?

You should aim to get the most advantage from your intrinsic strengths when developing your strategy and selecting products, services, and markets for your new venture. You also need to minimize the effects of the intrinsic strengths of the larger business as much as possible. The strengths of a larger company cannot be completely overcome, but there is always a possibility of reducing the advantage they enjoy. Additionally, you will become aware of the many obstacles that you may encounter during this process.

In this article, I will discuss the larger companies and identify the areas in which they have an inherent advantage over the smaller companies.

Some people will say that you don’t have the skill or talent to be an entrepreneur! However, everyone has talent to be a successful entrepreneur. You just need to do a little soul searching and find out what it is that you are good at. So your very first step is to eliminate all of those negative Nancy’s in your life. Delete their number on your phone, unfriend them and block them on Facebook, and completely ignore them. These people are a cancer and cause nothing but problems for everybody.

For all those out there that are naturally good at speaking, that are great on camera, that are great on the phone, that are a big YouTuber’s or influencer’s with millions of followers.

That’s fine! That’s ok for you. 

But what about those who don’t have any natural talents? Well, first of all, we all have natural talents in something. It is up to you to dig deep and find out what it is.

What about us?

What about people that don’t have that?

Are we not allowed to make money?

Are we not allowed to be in business?

That’s why I do what I do. I teach people people how to create a business, doing what I do.

Why do many small businesses owners struggle to make any or enough money? These days especially, it seems every single small business owner is complaining that they do not have any money. However, they don’t want to do anything to Continue reading →

In this article, learn the three biggest mistakes by entrepreneurs that keep them from having success.

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You can find Don Julio Mexican Kitchen and Tequila Bar in four locations in Central Florida. This restaurant is impressively consistent!

Normally, when I go to a restaurant several times, I will order different things from their menu. I’m a Continue reading →