Chaos here may suggest the business is behaving randomly, causing disorder/ confusion, increasing the difficulties in managing it. If the operation is a system, then the management is a system to control the operation with the purpose of achieving desired business objectives. People find it har...
Interesting question, but I doubt anyone humble enough will be able to answer it in a few lines. I'll use an example from sports to answer: all baseball/soccer/football teams have the same amount of players (on the field) and the same roles/positions. They usually also have a similar amount of ma...
Hi, from my experience, I believe it wouldn't of been his choice. Industrial temporary or very specific services must be classified as such: very limited to what they sell or serve... Hence the not elsewhere classified. I'm assuming his business is in fact a sort of random one... Sole proprietor...
I'll divide your question into 2 questions, because I am not sure which one you're really asking :-) 1. Should I hire him despite the costs involved? You seem to already agree to this, based on what you wrote ("I am willing to set aside...assuming I see some ROI..."). 2. How to I justify his hig...
Chartmogul is the best one I've found. There are many great ones though. You can even use open source analytics software to build your own.
OpenERP and Zoho are both fragmented modular systems that can be very confusing. Without knowing your industry and complete set of needs, have you considered NetSuite, Sage, MS Dynamics, Aptean or Epicor? Aside from feature sets, implementation and ongoing support and training are critical elem...
Hire a smart virtual assistant (VA) capable of performing various activities. This will ensure focusing on your core activities and relatively cheaper cost. Don't hire freelance VA, always look for companies who provide these services. You will be better of with almost no downtime plus having ac...
Exciting times. When I read between the lines having faced a similar decision on more than one occasion, I see all the missed opportunities from having been too busy personally to be as effective as needed. The good news, there is but one weakest link in any system and that includes your business...
Finding the right co-founder is like a marriage. It's not a good idea to jump to bed with whoever comes along. Most investors and accelerators bet for the team that have a previous relationship before. The best option is definitely to spend time in the geographical area you'd like your co-found...
Try using Geckoboard. There is definitely a time investment in the setup, but you can get a great suite of products/metrics integrated into one dashboard. https://www.geckoboard.com/