Fundamentals may look like the boring stuff of business, but in fact they are the foundation for unique and special concepts that capture imaginations of diners and build wealth for their owners. Some companies do well because they are great at the fundamentals of business. Others prosper through the magic of branding and concepts, or … Continued
Your ideas are your greatest asset. It is called intellectual property for a reason — property you don’t want to give away. It’s important to control your own life and business, and have the confidence that you can find the resources to succeed. Trinity Groves is a real estate development owned by Phil Romano, Larry McGregor … Continued
It is great being an entrepreneur and business owner. But maybe not so great if your business demands your constant daily attention to detail and you realize you have bought yourself a job. The best business people take control of their lives, and never become victims of their businesses. Any profitable business can be arranged … Continued
The Affordable Care Act could be the greatest thing that ever happened to your business. Why? Because it will motivate you to grow revenue and profits in a way you have never been motivated before. You can use it as a catalyst to put yourself into action and make your business stronger than ever before. The … Continued
Maybe fewer people are going to Hawaii this summer, but they are still going out for a drink tomorrow night. And the next night. They have to have something to eat and something to wear, too. There’s opportunity to make money in any economy. James Jeffrey of the Austin Business Journal asked me about this … Continued
No matter what you think of jargon and buzzwords, every business has an opportunity to succeed through people, focus, measurement and reinforcement. Recently the term “Best Practice” proudly took its place among Forbes.com’s list of “the Most Annoying, Pretentious and Useless Business Jargon.” Best Practice was deemed “the single most pompous confection the consulting industry … Continued
When everything is louder than everything else, you can’t hear a thing. Top businesses know they must turn their myriad messages down in order to make major improvements. There may be a chance to focus on an area that is a true opportunity because it has not been a strong point in the past. If … Continued
Excerpt from forthcoming book: Beyond Business, By: Matthew Mabel ©2012 Little Village Syndrome – Click Here to Download Full Chapter Small businesses can be like lush tropical villages protected by mountains and water that keep the outside world outside. Inhabiting the village is a pleasant experience. Life is good, comfortable and familiar. Natives get along … Continued
Successful business people keep their eyes on their own product, creativity, service, culture and execution. When they do their job right, they have an awareness of what other businesses are doing, but spend their time perfecting what they themselves are doing. Quick service, fast casual, casual dining, fine dining. Think fast! There’s a good chance … Continued
According to a recent survey, restaurateurs are optimistic about the future. The top priorities identified by respondents are: staying true to their culture, creating profitability, and generating revenue. The survey of restaurateurs was conducted by Surrender, Inc. in partnership with the Texas Restaurant Association. A full 86% of the respondents said they were optimistic about … Continued