Everything you need to know about setting up, managing and growing small businesses. Veterans, as well as newbies share their stories and valuable lessons.

How to Improve Your Thinking

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Gain a reputation for always being the one with new ideas and solutions to problems and you’ll quickly set yourself apart from the pact. That distinction requires brainpower. But trying to think on your feet under pressure before an audience or offering answers off the cuff in a meeting doesn’t always represent your best thinking. 

So what exactly does improve your chances for analytical thinking?

1.  Argue your case or prove your point in writing

Start-ups Stalled

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You might think that the numbers say it all but I believe we need to look deeper. According to the Small Business Administration (SBA), there are 27.9 million small businesses in the United States and they make up 99.7% of U.S. employer firms. These businesses employ about 50% of the country’s private sector workforce. For a time, small business was one of the few bright spots in the economy –growing and creating jobs. But recently the positioning of small business as the “little engine that can pull us out of the economic downturn” has stalled.

Achieving Longevity Through Entrepreneurial Thinking

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the ceo magazine, entrepreneurial thinking,
Jim Dewald, Dean, Haskayne School of Business, University of Calgary, and author, Achieving Longevity

Businesses fail. They fail fast and they fail often. Research indicates that over 50 per cent of new firms fail within five years, and 75 per cent are gone in ten years.  So what is different about the firms that survive?  The answer is that they are the firms that are successful in recreating themselves, in continuing to engage entrepreneurial thinking on an equal footing with strategy.

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