Business Owner Compass
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I am a trained accountant and specialist in financial services from Bielefeld, Germany. My work experience ranges from being a self-employed insurance agent to being a lecturer on business topics, to being the general manager of a company.
Business Owner Compass
5M ago
Online-Marketing is THE shit, nowadays. Especially, for everybody and his brother and you, handsome business owner. Not a month goes ..read more
Business Owner Compass
5M ago
As the managing partner of the company I work in, it was my task to design a business strategy. Before ..read more
Business Owner Compass
5M ago
As a business owner and investor, I read a lot of strategic plans in the last 10 years. Every now ..read more
Business Owner Compass
9M ago
Strategy comes from the military. Here, it was first recognized that the one who spreads his resources across all areas and tasks does not win the war. The one who uses a clear strength to his advantage wins. Three things are important for this: 1. You have to assess the situation. 2. From the information ..read more
Business Owner Compass
9M ago
As a “lone ranger” at some point I was faced with the situation that I had reached a revenue maximum. It couldn’t go any further without some organizational aspect suffering. So, I was faced with the challenge of reorganizing my company, so that it could continue to grow. A company goes through phases in its ..read more
Business Owner Compass
9M ago
My son is twelve and (probably like every 12-year-old) a little smart ass. Every now and then we get into a discussion about my decisions and the reasons behind them. Let‘s take one example, I can vividly remember. We were arguing about why he shouldn‘t stay up late in his age (late being defined as ..read more
Business Owner Compass
9M ago
My daughter is a genius. She wakes up at 1:30 am and calls me to come cuddle with her. Since, I literately just got up from her bed because I fell asleep 5 and half hours ago when I brought her there. Now, I sit at laptop writing an article in the middle of the ..read more
Business Owner Compass
9M ago
Sometimes, I envy my wife and my best friend. (No, nothing to worry about here…) They love their jobs and have become really good at doing them. Since, that also applies to me (and there is data to support my claim…), it’s not what I envy them for. They both have the ability to shut ..read more
Business Owner Compass
9M ago
In my experience, the shift from tactical to strategic thinking is profound. The first time I understood strategy was a eureka moment for me. Something clicked in my brain, and it all made sense. But how did that shift come about? There are 9 factors that can be influenced to shift from tactical thinking to ..read more
Business Owner Compass
9M ago
I was confused, when I first stumbled over this question, as I wasn‘t aware of 6 specific steps of strategy formulation. However, when looking at my own strategy formulation process, I quickly realised that there definitely are 6 distinct phases. The 6 steps of strategy formulation are analysing the 5 competitive forces, running a SWOT-analysis ..read more