Thursday, November 29, 2007
CNN Blows Its Cover
John Podhoretz wrote for Commentary today, "The scandalous aspect last night is that three Democratic operatives were allowed to pose as 'unaffiliated voters' asking questions specifically designed to embarrass the entire Republican party, not just the candidates on stage."
Here's why you can't act like CNN: your business is only as good as your word. The minute you don't keep your promise, your business will take a dive. Here's just one of the owners I love who's word is as good as gold.
Wednesday, November 28, 2007
Make Peace with Old Enemies
The business started in Cuba and was called Rowland Roasters there. Castro stole the company away from the founder, Enrique Souto, so like most Cuban entrepreneurs, Mr. Souto tearfully left his fatherland to make a new life in the US.
Enrique's biggest "enemy" or competitor was a company called Cafe Pilon. Because he always treated his competitor like a friend, when the owner felt he needed to sell, Rowland Roasters was the first in line to buy the coveted brand. Learn more from the Souto family about what happens when you are at peace with your enemies.
Peace, friendship and warm relations will always lead to prosperity.
Tuesday, November 27, 2007
Be Happy That We are Great at Job Creation
David Brooks, the token conservative at the New York Times, writes encouraging words today. He points out that, "The U.S. standard of living first surpassed the rest of the world’s in about 1740, and despite dozens of cycles of declinist foreboding, the country has resolutely refused to decay." David does not provide his source when he said that we lose about 7 million jobs a quarter and create slightly more than 7 million in the same time frame. I will assume that he is correct and we all know that this job creation is what keeps us ahead. It keeps us growing and makes prosperity possible for anyone who has some basic education and who is willing to work hard.
At Small Business School our business is to study and champion the job creators and one of my favorites is Steve Hoffman at Modern Postcard.
Saturday, November 24, 2007
Be Thankful for Lots of Family
Those of us who own a business think of our customers and employees as family. This is the secret to our success. While there are always family squabbles, when you are family you work it out and your bonds strengthen.
Take five minutes to meet the founders of Maine Gold and learn how to build a family of customers.
Monday, November 19, 2007
Greed has Hurt Subprime Borrowers
I say that the people who sold these people their mortgages were probably greedy and being greedy is never the right way to approach building a sustainable business. If your goal is to make as much money as fast as you can then you are probably not thinking of relationships you are probably only thinking of yourself.
Pamela Rodgers, owner of Rodgers Chevrolet, works hard to only sell people what they can afford. The head of her finance department told me that she is more a counselor than a sales person because she helps the customers evaluate, even in a worst case scenario, what they can manage to pay monthly to meet the loan obligation.
Selling is never about you -- it is always about your customer. You can learn plenty about ethics, respect, fairness and putting the other person first from our favorite car dealer.
Thursday, November 15, 2007
Owners Take the Lead in Going Global
In today's Denver Post you can read, "
As small business owners, we are the best at product development, the best employers, the best at giving our time and money to local causes and now with the world getting smaller and smaller, we have become the best at doing business and promoting business on a global scale.
To learn more about Bob, visit
Monday, November 12, 2007
A Salute to our Veterans
Don is a first generation American who told us about how his mother kept him and his brothers safe by following in the path of American soldiers as they liberated Europe from Hitler's grim grip. Don's family traveled at night and for nearly three years they lived in constant fear. Their goal was to get to America and they finally did.
Americans died so that Don could live and he tries to say thank you everyday. As an immigrant to this country, he believes in and epitomizes the American dream in this great land of opportunity. This one free and happy man has created hundreds of jobs and generated millions in sales over the 25 years he's been in business in Albany, New York.
We offer up a salute to our veterans today and to the troops who are saving and protecting the good people of the world.
Sunday, November 11, 2007
You Can Grow With a Tasty Idea
Is your product so tasty that customers crave it? Is your service so satisfying that customers would never consider buying from your competitor?
Customers who can't live without your product will grow your business. You can learn how Anne made her pretzels tasty and irresistible at Small Business School.
Saturday, November 10, 2007
Join Your Local Chamber
Cape Canaveral, now called Kennedy Space Center, is just up the road from our hotel. As we leave to go back to California, we will visit this site that has been famous to me since it was the scene of a satellite launch in 1962. Now you can guess how old I must be!
If you are not a member of your chamber of commerce, you should be. It is the perfect place to find mentors, customers and friends who all want to make your community better. It is also the perfect place to volunteer. You might think you don't have time to be involved but I bet if you give it a try, you'll find that the time you spend will come back in both intangible and tangible rewards to you personally and to your business.
Albert Black joined the Dallas Chamber of Commerce at the same time he opened for business in 1982. Today his business is generating $75 million in annual sales and he gives much credit to his participation in his chamber. At Small Business School you can learn more about how Albert's volunteer efforts caused doors to fly open for him.
Most every link from this blog goes to the related, streaming-video clip from the television show.
Thursday, November 8, 2007
The Chinese Brand is Suffering
The world really doesn't understand that the US economy is built on transparency and honesty. Even some Americans don't realize that wealth is created when a customer is served, not poisoned, killed or maimed after their money is extracted from them.
It is possible that some of the Chinese mistakes were truly mistakes but some of the problems are caused by cutting corners to bulk up the bottom line. This never works over the long haul and the time-tested small businesses that we study prove this point over and over again.
The Chinese would be smart to study the writings of theologian and writer, Michael Novak, as he explains how this country has become the super economic power that it is.
You can learn from Mr. Novak at Small Business School (link goes to his key idea - streaming video).
Tuesday, November 6, 2007
Legal is Better than Illegal
Small business owners are being beat up by the mainstream media because it assumes that we are guilty, guilty, guilty of hiring illegals to earn obscene profits. I am sure that this happens but it is not standard operating procedure for those of us who are striving to deliver quality over the long haul.
The owners who play by the rules always win in the end. Laurie Snyder partners with specific sewing shops in Los Angeles because she can trust that everyone is working in the US legally. Learn more about Laurie at Small Business School.
Monday, November 5, 2007
Union Turns Writers Into Wimps
These pitiful wimps don't understand how money works. This particular set of wimps ought to look at how our governor got rich. Early on in his acting career Schwarzenegger stopped thinking of himself as an actor and started thinking of himself as a partner in movie deals. His job on the deal was partly to act but the partnership meant he got no paycheck for the work; he only shared in the profits when and if they materialized.
Pay-for-performance, not pay-for-hanging around, is the way most small business owners run their business and certainly it is the only way we pay ourselves. If our idea works we get rich. If our idea fails, we go back and work on the idea and try again. If you're tired of being a wimp, you can change. Take inspiration from the owners of Renegade Animation. They used to get a paycheck but now they write them.
Being Green Goes Deeper than Cause Marketing
We small business owners should tap into the trend to use green efforts as a marketing ploy but those of us who have succeeded over the years at business are like my dad. We know that being conservative with every resource is at the core of earning profits.
I don't like being told by out-of-work old and young hippies and people who get a paycheck from my tax dollars (that includes every public school teacher from first grade through graduate school who are busy trying to convert our children to the empty religion of environmentalism) that there should be some law to tell me how to conserve resources in the process of running my business. Our customers and our common sense will guide us as we work to make our world a better place when we leave it than when we arrived.
One of my favorite green business owners is Lupe Fraga. He has an office supply company in Houston and years ago he stopped delivering in cardboard boxes and switched to sturdy bins he can use over and over again. You can learn more about him at Small Business School.
Sunday, November 4, 2007
The Hillary Brand is Not Selling
Maureen Dowd wrote today that the while Hillary's staff called her tough after this week's debate, "she can break, just like a little girl, when male chauvinists are rude enough to catch her red-handed being slippery and opportunistic." What is she then, tough like a man or soft like a woman? I wouldn't buy a hot dog from someone called slippery and opportunistic. Hillary breaks all of the Emory Rose rules of selling. On top of that, her brand is tired, worn, tattered and torn.
Look back at the advice of Emory Rose in reverse order. He said that people will buy from you only if they like, trust, believe and understand you. If you are a small business or a new business or if you are selling a brand new product, start by making sure people understand you by crafting your message clearly. If people can understand you then they might try your product so they now believe you and they get real results so now they trust you and over time they come to like you.
One of the best brands in America is Cindy McIntee's little chain of restaurants called Mo's Chowder. You can see for yourself why people like her, trust her, believe her and understand her. Here she is at Small Business School.
Saturday, November 3, 2007
Choose the Right Name
With brainstorming she came up with her new name that is being applauded by everyone around her including a group of business owners who serve as her board of advisers. To attach herself to fashion and some of her suppliers who are French and Italian, she chose the name, Cici Bianca. Cici is term of endearment for her first name and Bianca is one of the ways the Italians spell the word white. Cici Bianca, now that's hot and sassy.
Choosing a name for your business is important.
You can read how others do it at Small Business School.
Friday, November 2, 2007
Charlie Rangel's Tax Plan Is Bad For Us
Every penny that we have to give to the government moves us away from our dreams not toward them.
As a way to stay close to public policy, Bruce and I are members of the US Chamber of Commerce Small Business Advisory Council. You can meet some of our fellow council members at Small Business School.
Fires and Floods Were Too Close for Comfort
My sister has been living in New Orleans since she married a native New Orleanian in 1968. Their family business sustained damage while dozens of their friends and customers lost everything in the floods that followed Katrina's attack.
While economists calculate the losses that piled up, I suspect they did not have a clue how to measure the price small business owners had to pay due to lost data. I believe that data is more important than cash to a business owner. So, think hard about protecting your priceless data in the event fires and floods come your way.
You can learn how some owners do this at Small Business School.