An outcome logic model (OLM) is a table outlining the important components of a proposed business or an organizational innovation.
Subject Headings to Get Email Read
If you are like me, you still overlook important emails. My excuse is that it is a challenge, even with rules and filters, to quickly process the hundreds of emails received in a business account in a work day.
Mission Creep: Structuring Business Against It
Mission Creep
Mission Creep, also called mission drift, is when your activities within the organization begin to demonstrate something different than the mission indicates as your desired outcomes. It affects many organizations as they attempt to meet the different and changing needs of funders, client populations, and other stakeholders. You will want to ensure that your business bylaws are written to guard the mission.
What Megachurch Pastor TD Jakes Showed You Better than He Could Tell You
You need to look beyond the success 30 years into the ministry. Pay attention to what T.D. Jakes was doing back when he was just 23-year old Pastor Thomas.
MAWMonday Motivators 02/07/2016
Superbowl Sunday in the United States! I am struck by the parallels between growing up as a Black man in the US and launching a business. Both require what may be considered by others to be an unhealthy amount of belief in yourself and what you are doing. Consider that a truly unique individual, just like […]
Capital & Business Modeling: The Sales Funnel 1 of 2
A sales funnel is the process from first contact, relationship development, opt-in, upsell, sale, appreciation, follow-up, and repeat business. An effective sales funnel addresses each of the steps in an intentional way. First Contact. Today, first contact is typically achieved through a free offer that requires the potential customer to sign-up with an email or […]
Capital & Business Modeling: Team Building Part 2 of 2
#BusinessTip #Tuesday This second in the series continues to expand your team. Notice the definitions and explanations, but also the considerations and personality types to look for when recruiting. The team individuals makes a difference. How they work together makes a difference. But, be careful not to interpret camaraderie alone as effectively working together. Your […]
Capital & Business Modeling: Team Building Part 1 of 2
#Marketing #Team One of the most challenging tasks of business is the feeling that you must do everything yourself. Not only is this detrimental and a show of ignorance about the scope of things to be done, it is also just not physically possible as the business grows. The best practice is to develop a […]
Capital & Business Modeling: The Financial Plan
Today, I launch a series on business modeling. As a complement to business plan development, I thought it would be useful to explore the thoughts that make a business idea work centered around the idea of capital development. A business model is your process for creating capital. It can be social or economic capital, but […]
Building a Brand: Seeking Investment or Selling to Cash Out
#BusinessTip #Tuesday Here is the part of the branding cycle where you actually make money. You have at least two choices in this stage of brand development: seek investment to expand the bounds of the brand or seek to sell the brand to another firm. Both options have advantages. Ultimately, the decision is made on ownership, legacy, […]