Start-Up Strategy: Is 12-Month Planning the Way to Go?
SB PACE
by Julie Traxler
1y ago
"However beautiful the strategy, you should occasionally look at the results." ~~ Sir Winston Churchill Entrepreneurship is a thrilling journey, but it's no secret that start-ups often face a host of uncertainties. To navigate these uncharted waters, many founders adopt a 12-month strategic planning horizon. But is this the right approach? Let's discuss the pros and cons of short-term strategy planning and provide a recommendation for entrepreneurs to build upon. ? Pros of 12-Month Strategy ? Flexibility and Adaptability: In today's rapidly changing business environment, a 12-month plannin ..read more
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Mastering Operational Excellence: The Road to Scalability and Financial Success
SB PACE
by Julie Traxler
1y ago
"Operational excellence is not a destination, but an ongoing journey of continuous improvement, driven by a relentless pursuit of perfection." ~~ Jack Welch, former CEO of General Electric As businesses continue to evolve in today's rapidly changing landscape, operational excellence is more critical than ever. To stay ahead of the competition, organizations must continuously refine their processes, leverage technology, and streamline their supply chain management. In this blog post, we'll explore the key elements of operational excellence, including business process optimization, supply chai ..read more
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The Importance of Being a Strong Operator: How Expertise Can Set Your Business Apart
SB PACE
by Julie Traxler
1y ago
"Operations is the engine room of any business. It's where vision meets reality, and where the rubber truly meets the road." ~~ Richard Branson, Founder of the Virgin Group As a business owner, you wear many hats: visionary, strategist, marketer, and, most importantly, operator. Being a strong operator is crucial for any entrepreneur looking to scale their business and stay ahead of the competition. In this blog, we will discuss the common challenges faced by under-performing operators and how working with an expert operator can transform your business, saving you time and propelling you ah ..read more
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From Core Values to Scaling: Why a Solid Business Foundation Matters
SB PACE
by Julie Traxler
1y ago
"You can't build a great building on a weak foundation. You must have a solid foundation if you're going to have a strong superstructure." ~~ Gordon B. Hinckley Building a strong business foundation is critical for the success of any entrepreneur. Without a solid foundation, a business is likely to struggle and even fail in the long run. SB PACE understands the importance of having a strong business foundation, and that's why they encourage entrepreneurs to focus on core values, mission, vision, business plan, SWOT analysis, competitive analysis, failure, and scaling. Core values are the fu ..read more
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Networking: Speed Dating for Entrepreneurs
SB PACE
by Julie Traxler
1y ago
"I spent every Friday for a year and a half cold-calling, and I got 17 patents through networking. I could not have done it without networking." ~~ Sara Blakely, Founder of Spanx We’ve heard it before, networking is an essential part of being an entrepreneur. It helps you build relationships, find mentors, gain referrals, and potentially secure investors. But for many of us, networking can be daunting. It can feel like going on a series of first dates, where you have to put your best foot forward and make a lasting impression in a short amount of time. That's why I like to think of networki ..read more
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11 Lessons I Learned from My Dog about Business and Life
SB PACE
by Julie Traxler
1y ago
“You can usually tell that a man is good if he has a dog who loves him.” ~~ W. Bruce Cameron Dogs are known as man's best friend for a reason. They're loyal, loving, and always there to brighten up our days. But did you know that our furry companions can also teach us valuable life and business lessons? In this article, we'll explore 11 lessons I learned from my dog about business and life that can help us grow and improve in various aspects of our lives. So, grab a cup of coffee, hug your puppy, sit back, and get ready to learn from our canine companions. 1. Loyalty Matters: Building Trust ..read more
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Why Entrepreneurs Need Like-Minded Communities for Growth and Learning
SB PACE
by Julie Traxler
1y ago
“Always walk through life as if you have something new to learn and you will.”. ~~ Vernon Howard Building a successful business can be a lonely journey, but it doesn't have to be. As an entrepreneur, having a like-minded community can provide you with the support, guidance, and inspiration you need to grow both personally and professionally. In this blog post, we'll explore the benefits of building a like-minded community and how to do it effectively. Benefits of having a like-minded community: Learning from others: Surrounding yourself with people who have similar goals and experiences c ..read more
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50 Things I’ve Learned Since Starting a Business
SB PACE
by Julie Traxler
1y ago
“As long as you’re going to be thinking anyway, think big.” ~~ Donald Trump NEVER seek perfection Don’t listen to the voice in your head when it’s saying “it can’t be done” Solve problems for people If you can’t stand doing it for free, you’ll never succeed doing it for money If you’re going into business with a partner, start with an operating agreement It takes longer than you think Don’t have a Plan B.  Go all in on your business Invest every penny you have before you ask someone else to invest Have an exit plan Core values matter, even if you’re a team of one ..read more
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In Pursuit of Happiness
SB PACE
by Julie Traxler
1y ago
“Most people will say anything to justify their own actions, because most people would rather be safe than happy.”  ~~ Ash Ambirge I am a risk taker. IDGAF about safety, and I’m opinionated about happiness. Wildly opinionated.  Growing up it felt like nobody was ever happy in our house. As a child that leaves a mark. It fills you with uncertainty and fear. You believe the unhappiness is your fault. Kids have myopic views on life and relationships, so it’s natural to put yourself in the center of every story. Both good and bad. And when the bad outweighs the good, it can set you up ..read more
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Julie is Learning How to Build a Better Boat
SB PACE
by Julie Traxler
1y ago
"A friend is one that knows you as you are, understands where you have been, accepts what you have become, and still, gently allows you to grow." ~~ Shakespeare I’ve thought a lot recently about friendship and the role it plays in our lives.  How many times have we felt completely alone even though we are surrounded by people? Last week was a difficult week for me.  The reasons aren’t relevant to this story, they are important to me, but not relevant to you.  It was one of those weeks where I felt unsupported, behind, bitchy, overwhelmed, unworthy, and alone.   The ..read more
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