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You are here: Home / Archives for shark tank

May 26, 2015 by Eric Butts Leave a Comment

Why Sales Are A Terrible Indicator Of Business Health (And 3 Metrics You Should Look At Instead)

 

Business health metricsI get why you want to tout your sales.

You’re proud a bunch of people actually thought it worth while to give you money for the product or service you sell.

It’s the number you can reach out and touch to make you feel like all your hard work yielded real results.

That sweet, sweet validation reinforces everything you did so you keep it up going forward.

And that’s exactly the problem. [Read more…]

Filed Under: Accounting Tagged With: entrepreneur, entrepreneurship, performance management, performance metrics, shark tank

April 24, 2015 by Eric Butts Leave a Comment

The Most Important Quality of Successful Entrepreneurs

 

Most important quality of entrepreneursWhat’s the first thing that comes to mind when you think about what investors look for in entrepreneurs?

The answer to that question changed for me in recent weeks. I used to think the answer was an entrepreneur having a great idea, being really smart, or hard working. While investors and business partners respect those traits, they aren’t at the top of the list. [Read more…]

Filed Under: Career Advice, Management Consulting Tagged With: entrepreneur, entrepreneurship, shark tank

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