Articles

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By Pat Hammond

Mid-Year Review

In case you haven't noticed we are smack-dab in the middle of June.That's right, we are officially six months into the new year which means a.) this year is half-over and b.) it's not a new year anymore. The second point may be gratuitous, but you get the idea. It's time to take a step back and review this year's goals.

The point of this exercise is to:

  • do a status check of where you are vs. where you want or need to be
  • review your time management system
  • update your goals

The reason you need to do this is because things change. Way back in January when you created this year's business goals there were a lot of unknowns.

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By Pat Hammond

Have You Ever Used a Business Model Canvas?

We all know the importance of planning when it comes to starting a business, but why would you want to waste your time writing a fifty page business plan when a one page snapshot will do?

Originally developed by Alexander Osterwalder, the business model canvas was designed to cut the fluff and drill down to the details.

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By Pat Hammond

You have a great idea that you KNOW will make money. It can’t lose. It’s something that everybody will use and you’re already planning how to break the news to your boss. You’re so excited that you call your best friend and instead of congratulating your genius he asks “did you write a business plan?”

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