Call for more info (216) 593-0402
Contact Us

Small Business Knowledge Center

The Second Stage

Is Open-Book Management Right for Your Business?

Open-Book Management Leadership

During the height of Silicon Valley’s takeover of the tech industry during the early 1990s, a former senior writer for Inc. Magazine named John Case coined the phrase “open-book management” or OBM. Yet, it was Jack Stack, hailing from SRC Holdings that put the...

read more

The Best Business Partner? Your Customer

Win-win partnership strategy concept.

As entrepreneurs, we typically know where our strengths and weaknesses lie—and we often figure them out before, or soon after, beginning our journeys as leaders and small business owners. The path of entrepreneurship is a crucible of sorts. It challenges us in ways that...

read more

Create a Culture of Innovation in Your Business

Team Idea Generation

The Merriam-Webster Dictionary offers the following definition for innovation:  the act or process of introducing new ideas, devices, or methods.  Many people would use this definition for innovation:  difficult, deflating and humbling.  I say this because the numerous businesses I have the fortune of...

read more

To Overcome Organizational Complexity, First Simplify, Then Scale

Simplify Your Business To Scale

When I first read about the Hedgehog Concept, it seemed like an easy idea to grasp. But the truth, as I’ve learned after years of working with small businesses, is when a company begins to grow—at times exponentially in its early stages—even the simplest...

read more

The Hedgehog Concept and Focusing on Your Company’s Core Purpose

Hedgehog Concept in Business

Whenever someone you know is experiencing back pain, you often hear about their doctor or physical therapist telling them to start building up their core muscles. The reason for doing this, as you know, is not only to improve a person’s chances of eliminating...

read more

Grow as a business leader by getting out of your comfort zone

thoughtful business leader and crowd of business people

I had the great pleasure of speaking with Performance of a Lifetime CEO, Cathy Salit, on a recent episode of The Second Stage. As a singer and actor, Ms. Salit offers a unique approach to organizational change and leadership development, using The Becoming PrincipleSM,...

read more

With Plenty of Tools Available, Good Financials are a Necessity

The Importance of Finance in Small Business

Almost everyone who’s deeply interested in the entrepreneurial spirit has watched Shark Tank at one time or another. Yet, another popular TV show that focuses on the lives – and livelihood – of small business owners is The Profit, a reality program from CNBC...

read more

Where Positive Customer Experiences Go, Profits Follow

Customer Experience

Owning a small business is a balancing act at times, as it requires a broad focus on the organization as a whole, as well as a detailed view of all the individual components that make a company successful. However, there’s one underlying factor that...

read more

3 Ways to Build a Better Sales Culture in Your Small Business

Small Business Sales Success

Nothing contributes more to a company’s success than having a strong sales culture in place. Not only does it turn a business into a revenue machine, it also adds to the overall culture of an organization, eventually trickling into other non-sales departments and across...

read more

The Evolution from Creating to Investing in Small Business

Small Business Investor

Walking away from a business you’ve poured your heart and soul into is a difficult decision, but if you’ve taken the time to develop a rewarding exit strategy, a new set of opportunities undoubtedly await you. At the beginning, these opportunities may involve pursuing...

read more

With a Culture of Transparency & Accountability, Results Happen

Two of the most important, yet challenging, aspects of building a small entrepreneurial business into a growing, professionally managed organization is implementing a culture of transparency and accountability.  A lot of people would suggest that this happens by default in small businesses because there...

read more

The Importance of Exit Planning for Entrepreneurs

Plan for the successful exit of your business

Unsurprisingly, most entrepreneurs would find it a stretch to add the words “exit planning” to their everyday vocabulary, much less to their long-term business strategy. This isn’t necessarily a bad thing, however, as entrepreneurs are well-known for being focused in the way they operate...

read more

Why Evolution Partners With Second Stage Companies

Build a Foundation for Sustained Growth with a Small Business Investor

When we began working on the principles that would ultimately become the driving force behind our decision-making at Evolution Capital Partners, we not only relied on tips from proven experts in the area of smart investing, but we also leaned heavily on our own...

read more

A Tool for Building Synergistic Teams in Your Small Business

I recently had the pleasure of completing the three-day Kolbe Certification(TM) training program, which is a conative testing measure that leaders of both small and large businesses can use to build better management teams, engage more productively with their existing ones, and identify gaps....

read more

Key Performance Indicators: The Pathway to Measured Success

Measure of success conceptual using measuring tape

  One of the most relatable examples of a key performance indicator (KPI) comes from being a parent. It is amazing how preoccupied kids are with growing up. This is evidenced by how frequently they measure themselves, followed by predictions on if they will...

read more

3 Great Reasons to Join a Peer Group for Entrepreneurs

Guidance Answers Questions Feedback Business Community

Anyone making the leap from employee to entrepreneur is acutely aware of both the struggles and advantages built in to the transition. Yet, regardless of how educated and driven an entrepreneur might be, the learning curve for keeping a small business afloat, not to...

read more

Innovative Funding Changing Finance Landscape

Crowdfunding for Small Business Investing

I read a great article in The Wall Street Journal titled The Uberization of Money.  The title is obviously derived from the leading ride sharing company, Uber.  According to the article, the title was chosen because the trends in money and investing are similar...

read more

Creating a Company with Passion

Creating a Company with Passion

  As an entrepreneur, your determination to succeed is second to none. Without this passion and drive, you would have never taken on the challenges of owning a small business. But when it comes to getting your team to exhibit the same type of...

read more

How Evolutionary Capital Helps Second Stage Companies

business growth investment to achieve goals

Small Business Investors You’ve heard of Venture Capital.  You’ve heard of Private Equity.  But have you heard of Evolutionary Capital?  It fits uniquely in between, in the second stage of growth. When you finally rise above the difficulties of being a start-up, your small...

read more

The Power of Profit in Small Business

The Power of Profit in Small Business

As an entrepreneur and small business owner, your company’s sustainability and growth prospects are reliant on the financial health of your organization. And at Evolution, we feel that not only understanding the financial levers that drive your business are imperative, but monitoring these identified...

read more

Have it delivered

Sign up to receive alerts when we publish new posts...

Contact Us

Looking to take your established business to the next level?

contact us

RSS Feed

Recent Posts

Categories

Archives

October
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031