Learning from Failure

Learning from failure is one of the keys to success. As philosopher George Santayana once said, “Those who cannot remember the past are condemned to repeat it.” What does that mean? If we learn from our failures, we can perform much better in the future. Therefore, consider these past posts: Reasons Numerous Startups Fail Small […]

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Recognize Declining Retailers: Three Stages

As we read regularly, many retailers are having tough times. Today, we study how to recognize declining retailers: three stages of decline. Previously, we discussed other types of failure. For example, Reasons Numerous Startups Fail and Small Businesses and Success/Failure. In addition, we noted how even Apple may retrench: Apple Cuts Back on iPod Product Line. […]

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Reasons Numerous Startups Fail

Starting a new business is often much harder than startups realize.  For many reasons numerous startups fail. To the extent possible, they must be avoided. Look at three of our prior posts about starting a new business: Do You Have a Really Good Concept for a Startup Business? Can You Start a Business in Your […]

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What Happened to The Limited?

After more than 50 years, youth-oriented women’s apparel retailer The Limited has announced that it is shutting all of its 255 stores and will focus on its online business going forward. Some experts, the retailer will be sold or shut in the not-so-distant future. Click the image to see the sales now available online. What […]

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Improving E-Commerce Results

Would you be surprised to learn that only a small percentage of E-commerce sites gain any traction at all? Most dwell in obscurity. Consider these observations from Cent Muruganandam, writing for Business2Community.com and check out the infographic shown below his quote: “You might be astounded to know that there are between 12-24 million E-Commerce websites online. But […]

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Why Aren’t YOU More Successful?

We recently published several posts about your self-branding through your life and your career (1, 2, 3, 4). YouTube clips were included. So, what happens when there is a disconnect between our perceived self-brand (how we see ourselves) and how we want to be perceived by others? John Rampton recently wrote an article for Inc. […]

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Don’t Let ANYONE Or ANYTHING Discourage You

We can ALL be a success. Don’t let anyone tell you otherwise. Just be persistent and confident in your abilities, work hard, and learn as much as you can about every facet of your life! This is about YOU being the master of your own self brand, and not having others define you  instead. As […]

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It’s Critical for EVERY Company to Keep on Innovating

What are the two major goals of many companies? To grow sales and to grow profit. And while most companies say that being innovative is also a key goal, do they really mean it? The typical company tends to spend two percent or less of revenues on research and development. And the great majority of […]

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It’s Not Easy for Foreign Retailers in China

As we know, China has the world’s largest consumer base. Thus, it is now a popular destination for foreign firms. But it is also a difficult place for foreign retailers to thrive. Here’s more evidence of this situation. According to Anil Gupta and Haiyan Wang, writing for Businessweek: “While unique, company-specific factors always account for […]

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High-Tech Products That Didn’t Make It

Every year, most of us eagerly await the next big thing, especially with high-technology products. Sometimes, as with the Apple iPhone and the Apple iPad, the next big thing becomes a monster hit. Sometimes, not so much. So, what are some 21st century high-tech “flops”? Take a look at Ian Lamont’s CIO slide show on […]

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