Comments on: Change your business or go out of business http://ryancarson.com/business/change-your-business-or-go-out-of-business/ Journal and thoughts of an entrepreneur and Dad Thu, 12 Aug 2010 08:19:12 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: George Morris http://ryancarson.com/business/change-your-business-or-go-out-of-business//comment-page-1#comment-828 George Morris Sun, 22 Mar 2009 06:24:47 +0000 http://ryancarson.com/?p=61#comment-828 Dead-on. Thank you! I couldn't have said it any better. What is all the resistance to change? It's part of who we are and businesses need to understand that. Look at Nokia for instance, they switched from a paper pulp mill into a World communication / high-tech leader. Now that's real change! Dead-on. Thank you! I couldn't have said it any better. What is all the resistance to change? It's part of who we are and businesses need to understand that. Look at Nokia for instance, they switched from a paper pulp mill into a World communication / high-tech leader. Now that's real change!

]]> By: ajleon http://ryancarson.com/business/change-your-business-or-go-out-of-business//comment-page-1#comment-800 ajleon Mon, 09 Feb 2009 18:03:57 +0000 http://ryancarson.com/?p=61#comment-800 Lol, thanks for the kind words, bro. Yeah, with all the tools out there that are subscription based, and the ability for anyone to outsource, the reality is that "bare bones" is not only possible, but it is the most efficient and effective biz model, we call it Ultra Lightweight (ULW) :) Lol, thanks for the kind words, bro. Yeah, with all the tools out there that are subscription based, and the ability for anyone to outsource, the reality is that "bare bones" is not only possible, but it is the most efficient and effective biz model, we call it Ultra Lightweight (ULW) :)

]]> By: ajleon http://ryancarson.com/business/change-your-business-or-go-out-of-business//comment-page-1#comment-799 ajleon Mon, 09 Feb 2009 17:56:26 +0000 http://ryancarson.com/?p=61#comment-799 The good news is that he is incredibly qualified and was able to find a great paying job. However, as any entrepreneur knows, that's a slow kind of torture. I know that he will rise from this, I am helping him realign his strategy, moving closer towards an ULW model. The good news is that he is incredibly qualified and was able to find a great paying job. However, as any entrepreneur knows, that's a slow kind of torture. I know that he will rise from this, I am helping him realign his strategy, moving closer towards an ULW model.

]]> By: Seán O'Farrell http://ryancarson.com/business/change-your-business-or-go-out-of-business//comment-page-1#comment-798 Seán O'Farrell Mon, 09 Feb 2009 17:51:15 +0000 http://ryancarson.com/?p=61#comment-798 Excellent call. I want you as my Accountant! that's the kind of pragmatic approach that is needed today. 'Necessary' - a good word and not to be confused with "would be good to have"....! Bare bones, spirit of the Blitz and all that... Excellent call. I want you as my Accountant! that's the kind of pragmatic approach that is needed today. 'Necessary' – a good word and not to be confused with "would be good to have"….! Bare bones, spirit of the Blitz and all that…

]]> By: Ryan Carson http://ryancarson.com/business/change-your-business-or-go-out-of-business//comment-page-1#comment-749 Ryan Carson Sat, 07 Feb 2009 15:32:48 +0000 http://ryancarson.com/?p=61#comment-749 Wow, I can't imagine going bust after 16 years of hard work. Hope he's OK. Wow, I can't imagine going bust after 16 years of hard work. Hope he's OK.

]]> By: ajleon http://ryancarson.com/business/change-your-business-or-go-out-of-business//comment-page-1#comment-748 ajleon Wed, 04 Feb 2009 14:55:39 +0000 http://ryancarson.com/?p=61#comment-748 During my years as an accountant, I saw many companies get squeezed, especially small businesses because they were carrying around so much "fat". At this juncture, all business owners (especially fledgling entrepreneurs) need to take a hard look at the overhead NECESSARY to run their business, and attempt to extract the emotion from making tough decisions. An old friend of mine recently went out of business after a 16 year history! Because of the nature of his business, it was not necessary for him to have office space, it was nice, but not necessary AND it was his largest monthly line item expense. That piece of overhead tipped him over the edge and out of business. We run our company as an Ultra Lightweight business model, not every business can do this, but during these times in particular, the Lighter the Better. During my years as an accountant, I saw many companies get squeezed, especially small businesses because they were carrying around so much "fat". At this juncture, all business owners (especially fledgling entrepreneurs) need to take a hard look at the overhead NECESSARY to run their business, and attempt to extract the emotion from making tough decisions.

An old friend of mine recently went out of business after a 16 year history! Because of the nature of his business, it was not necessary for him to have office space, it was nice, but not necessary AND it was his largest monthly line item expense. That piece of overhead tipped him over the edge and out of business.

We run our company as an Ultra Lightweight business model, not every business can do this, but during these times in particular, the Lighter the Better.

]]> By: ajleon http://ryancarson.com/business/change-your-business-or-go-out-of-business//comment-page-1#comment-747 ajleon Wed, 04 Feb 2009 14:41:29 +0000 http://ryancarson.com/?p=61#comment-747 Great points, Sean Great points, Sean

]]> By: mleon010 http://ryancarson.com/business/change-your-business-or-go-out-of-business//comment-page-1#comment-746 mleon010 Tue, 03 Feb 2009 16:25:01 +0000 http://ryancarson.com/?p=61#comment-746 Sean you are right this will help us all when we the economy gets back to normal. Sean you are right this will help us all when we the economy gets back to normal.

]]> By: Ryan Carson http://ryancarson.com/business/change-your-business-or-go-out-of-business//comment-page-1#comment-745 Ryan Carson Mon, 02 Feb 2009 03:11:40 +0000 http://ryancarson.com/?p=61#comment-745 Richard - great ideas Richard – great ideas

]]> By: Grant http://ryancarson.com/business/change-your-business-or-go-out-of-business//comment-page-1#comment-744 Grant Mon, 02 Feb 2009 00:11:55 +0000 http://ryancarson.com/?p=61#comment-744 Like many others we're developing our own products alongside our client work to build other revenue streams. We've also taken on the partnership role in some projects, forgoing a bit of current cash for a more consistent future payout. I think it's actually a pretty exciting time to be a smaller, more agile firm that is able to adapt and serve clients without having to worry too much about large overhead expenses. Like many others we’re developing our own products alongside our client work to build other revenue streams. We’ve also taken on the partnership role in some projects, forgoing a bit of current cash for a more consistent future payout.

I think it’s actually a pretty exciting time to be a smaller, more agile firm that is able to adapt and serve clients without having to worry too much about large overhead expenses.

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