Entrepreneurship Archives

Don’t Sacrifice Your #1 Business Priority on the Altar of Growth

What’s the core work of your business? Have you let important matters get in the way of the single most critical matter? Paul Jarvis warns business leaders about the pitfalls of growth. While growth can be an important aspect of business success, the most important priority is too often sacrificed on its altar. Growth creates many complications that you can and should deal with, but you mustn’t let it chip away at the core. Read more to understand how growth can make it difficult for you to tend to your top business priority in the way you should.

Is Your Business Growing Too Fast? Avoid These 2 Pitfalls

Is your business growing too fast? Why are outside investments sometimes a bad idea? Should your expenditures be based on projections or actual revenue? Business growth is exciting and feels like success. But, there’s such a thing too much, too fast. In Company of One, Paul Jarvis identifies two negative consequences of fast growth that your company could experience: (1) damage to the relationships with your original customers and (2) outright failure. Keep reading to learn about the potential pitfalls of rapid business growth.

A New Product Launch Strategy to Boost Sales and Attraction

What’s the best way to launch a new product? How can you create engaging content that’ll draw in audiences? Your new product deserves an exciting campaign that increases sales. If don’t know the first thing about promoting your product, 12 Months to $1 Million by Ryan Moran has all the tips you need. Continue reading for an in-depth new product launch strategy to help you get started.

The Disadvantages of Business Growth: 3 Reasons to Be Wary

When is business growth your enemy and not your friend? What priorities are more important than growth? Fast and endless growth isn’t always the best goal for a business. That’s the view of Paul Jarvis, who argues against this common ethos found in the business world. He describes three disadvantages of business growth, especially rapid growth, in his book Company of One. Continue reading to learn why growth-focused companies don’t always succeed.

How to Maintain Inventory With Outside Funding

Why is inventory management important for small businesses? Where should you get funding to keep your business running? Once you’ve launched your product, you must maintain inventory and keep your product in stock. Running out of your product can be disastrous for your business: It prevents you from making revenue, destroys your sales momentum, and loses customer engagement. Let’s look at how to maintain inventory by receiving funding.

Why Ordering Samples From Alibaba Is Superior to Prototypes

Where can you find suppliers to manufacture your product? Why is ordering samples from Alibaba better than making a prototype? Once you have a good idea of what you want to sell for your new business, you need to actually create it. According to 12 Months to $1 Million by Ryan Moran, the most efficient way to test out your product is to have a manufacturer send you several ready-made samples rather than a prototype. Keep reading to learn why ordering samples moves your company forward in the product development process.

Paul Jarvis’s Company of One: Book Overview & Takeaways

Do you have a great business idea? Are you overwhelmed or even intimidated by the thought of growing a large business? Fear not. According to Paul Jarvis’s Company of One, you can start a business by yourself and keep it that way—a company of one. In his book, Jarvis explores the pitfalls of companies that grow fast and large, presents the benefits of single-person companies, and outlines how to start one. Continue reading for an overview of this book that just might be the entrepreneurial green light you’ve been looking for.

How to Start a One-Person Company: 3 Steps for Solopreneurs

Do you have a great idea for a business? Are you ready to get started except for that bit about knowing how to start? According to business consultant Paul Jarvis, starting and building a one-person company entails three steps. He says that you must build your skill set so that you’re prepared to run your own business, set up a strong financial and legal foundation, and develop strong customer relationships. Continue reading for details on how to start a one-person company.

The 3 Characteristics of a One-Person Business (+ Pros & Cons)

What exactly is a one-person business? How is it different from other types of companies? Is it the right choice for you? In Company of One, Paul Jarvis advocates for one-person businesses that limit their growth and focus on creating quality products and services. He argues that, by owning such a company, you can exercise more control over your work and form meaningful, successful relationships with customers. Read more to learn the three main characteristics of a one-person business.

The Top 4 Competitive Strategies in Business—Explained

What are the top four competitive strategies in business? Which of these strategies is right for your operation? A competitive strategy is a tactic businesses use to gain an advantage in the market. Even within a niche market, there may be hundreds or thousands of markets to compete with, so having a good strategy can make your business more attractive to consumers. We’ll look at the four most common competitive strategies in business and explain how each of them can put you on top.