Improve Your Small Biz: 6 Tips From Jim Collins

Run a pocket of greatness. Too many business owners try to expand and do too many things well. If you know that you are the best at something, then focus on that and make it into what Collins called a "Pocket of greatness." When you have this, you have something that you can build from. Without it, you can lose focus. Double your questions to statements ratio. This is a slightly mathematical way of making the point that you need to ask more questions about your business and where you want to go instead of creating vast vision statements or bold declarations for your business without the right amount of thinking.

Provided by: American Express Topic: SMBs Date Added: Oct 2010 Format: HTML

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