Is your business “recession proof”?

May 12, 2008 | By Neil Ducoff | 2 Comments

When I first became involved with the salon and spa industry, many times I would hear how “recession proof” the industry was. “People will always need a haircut,” was the line most often used. Now, some of those same people are blaming the “recession” for their financial troubles and woes. One can’t have it both ways, so which is it? Others are saying little to nothing. Why? Because their salons…
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Categories: Monday Morning Wake-Up

Are you coachable?

May 5, 2008 | By Neil Ducoff | 1 Comment

This is a tough question for many entrepreneurial leaders. Chances are, you started your own business to be captain of your own ship – to do it your way. Coachable? Why should you be coachable? The answer is simple… you don’t have all the answers and getting better at what you do and how you lead is non-negotiable. If you’re saying, “Duh, tell me something I don’t know,” we’re on…
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Categories: Monday Morning Wake-Up

My No-Compromise Leadership book: a brief history

April 28, 2008 | By Neil Ducoff | No Comments

I wrote the first outline for No-Compromise Leadership in March 2005. I wrote the bulk of the book by Fall of 2006. Rewrites on the first third of the book were done early 2006. At 61,078 words, I stopped writing and the book sat untouched until March 2008. I was frustrated. My goal was to write a book worthy of sitting alongside great business books like Jack Stack’s The Great…
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Categories: Monday Morning Wake-Up

You could sure do a lot if you weren’t doing so much

April 21, 2008 | By Neil Ducoff | No Comments

As a training and coaching company, Strategies meets and works with leaders seeking solutions and guidance to grow their businesses. They come ready to dig in and absorb all the amazing business solutions we can throw at them. They’re motivated and focused. You can hear their entrepreneurial engines revving up as they prepare to go back and take their business to that amazing next level. And then it happens. Their…
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Categories: Monday Morning Wake-Up

Build cash reserves to prevent “Owner’s Nights”

April 14, 2008 | By Neil Ducoff | No Comments

I was 23 when I opened my first business. As I did my research, I kept coming across this one simple statement: “You should keep at least three- to four-months of operating cash in reserve.” As a young entrepreneur, I can’t tell you how many times I thought this cash reserve recommendation was totally absurd. Three- to four-months of cash in reserve – yeah right. But, deep down I knew…
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Categories: Monday Morning Wake-Up

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