Ray Silverstein has owned and sold multiple businesses and has helped other business owners do the same. While he was President of his businesses, he attended a Peer Advisory Board and when he sold them, he began running Peer Boards. He said that he learned more about business after running a Peer Board than the…
Many entrepreneurs don’t set specific goals for their business, but studies show that goal setting really does drive higher achievement. According to small business peer board members who’ve embraced this technique, goal setting forces you to focus your energies effectively and develop real, viable action plans. It isn’t hard if you follow their lead. Here’s…
Why Every Small Business Owner Needs a Mentor (and How It Can Transform Your Business) Running a small business is a rewarding but challenging journey. At times, it can feel like you’re wearing every hat in the office, from CEO to janitor, while trying to figure out marketing strategies and balancing the books. It’s no…
What If… You could motivate Your sales force? Compensation to your sales people is a critical issue. What is the best way to compensate for your product/service, distribution channel, or targeted customer? Should the compensation be salary, salary plus commission, draw plus commission or straight commission? What motivation plan works best for your product/service sales…
What If… You could Avoid a Bad Decision? Who do you discuss your business thoughts and decisions? A PRO, Peer Advisory Member was asking his board about a potential business investment decision. The board did not feel this was a good investment, and also gave the person thoughts to improve the probability of success, if…
