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The Truth about MLM
Today's Myatt on Monday's question comes from a CEO who asks: "I'm evaluating using multi-level marketing to accelerate my distribution Is there anything truly wrong with MLM?" Let me begin by disclosing that I am not involved in a multi-level marketing (MLM) and/or network marketing. Let me also be quick to state that in my opinion there is absolutely nothing wrong with the business model. In…
Interview with Mike Myatt
One of the hidden pleasures of being a long-term survivor of the entrepreneurial life is that you are afforded the luxury of being invited to participate in any number of interviews, focus groups, surveys, etc. I was recently asked to take part in a survey consisting of 20 questions posed to a group of 50 entrepreneurs. The purpose of the survey was to search for common traits possessed by…
A Capital Markets Overview
I am beginning to sense a change in the winds...While I'm certainly not a dooms-dayer, I am starting to show my bearish teeth as the capital markets are definitely starting to slow their momentum. Virtually anywhere I look, I'm seeing markets showing cautionary signals which I believe merit some analysis for those of you looking ahead. The good news is that healthy upward trending markets need to…
Promoting the CFO
When a company is looking to fill a senior operating or strategy position it is common to consider the possibility of promoting the Chief Financial Officer into that role. After all, CFOs are senior executives who typically exhibit sound judgment and are used to being charged with great levels of corporate and fiscal responsibility. So, should you promote the CFO into a senior strategy or…
Branding Demystified
Much of N2Growth's activities evolve around branding, one of my greatest business passions is the art and science of branding and about half of my personal practice is built around creating dominant corporate and personal brands. Because I eat, sleep and live branding I am always amazed at how many savvy executives and entrepreneurs don't understand the importance of building significant brand…
Dancing with my Writer’s Block
I don't usually fall prey to writer's block, but last night I was really struggling. I decided to take a break and clear the cobwebs by watching "Dancing With The Stars" with my wife. As I watched Jerry Springer, Emmitt Smith, Joey Lawrence, Mario Lopez, and the rest of the celebrity cast sashay across the dance floor my writer's block vaporized and I found myself back at the keyboard. OK, the…
Customer Relationship Management
Customer Relationship Management (CRM) is a core business practice that most everyone reading this post will be familiar with at some level. It is likely that you've read about CRM, have attended workshops and seminars on the subject and perhaps you even believe you've implemented what you feel is a CRM initiative. While customer relationship management is certainly not a new business practice it…
Executive Coaching…The Ultimate Advantage
Executive coaching is here to stay...Retaining the services of an executive coach or mentor represents what I believe to be the ultimate business advantage available to professionals. With the numerous studies that have been authored which provide ample data affirming the extraordinary results that can be achieved through utilizing an executive coach I'm always amazed at the number of…
The Importance of Building Rapport
Today's Myatt on Monday's question: "How do you create rapport with people?" comes from a noted author, educator, and leadership coach. At first glance, you may be thinking that today's question may not induce the most stimulating or thought-provoking discussion and analysis. If this is what you think, you couldn't be more inaccurate in your evaluation. Unlike previous Myatt on Mondays features…
Passion Equals Purpose
Passion is a key driver in achieving success because passion creates purpose. Purpose, in turn, creates focus, focus leads to results and results will normally move you closer to the fulfillment of your goals. I have worked with countless executives and entrepreneurs and consistently find that those professionals who exhibit an undying passion for what they do stand apart from the crowd. In…
Why Angel Investors Might Not Be For You
There is hardly a week that passes where I don't receive numerous inquiries about using "Angel" investors to finance early stage companies. I entered the phrase "Angel Investor" into Google and received almost 6 million returned searches comprised of everything ranging from individual investors to various groups, clubs and syndicates purportedly looking for deals, to investment portals where…
Public Speaking
I had my first paid public speaking engagement in 1985 and it has been a love-hate relationship ever since...I love to speak but have always hated dealing with the details surrounding booking new engagements. Even though getting new speaking engagements has not been an issue for some time now (everyone does me a favor and finds some wood to knock-on), I know that it remains an issue for many…
Venture Capital Prefers US Market
Venture Capital firms talk a good game when it comes to internationally diversifying their portfolio, but how aggressively do they really seek offshore investment opportunities? According to a recent study published Deloitte & Touche and the National Venture Capital Association apparently not very often. It seems that VCs feel that domestic investments are more attractive when contrasted to…
Interview with Ecademy’s Penny Power
With the unprecedented growth and undeniable success of the Blogosphere, Rupert Murdoch paying $580 million dollars to purchase MySpace, Facebook's valuation resting comfortably in excess of $1 Billion dollars, and venture capitalists tripping all over each other to fund social networking companies before the ink is even dry on their business plans there is little doubt that social networking is…
Private Equity vs. Venture Capital
Based upon numerous requests from N2Growth Blog readers and subscribers I will be publishing my advice and opinions in answer to your questions each Monday. Any questions related to the topic of business in general (Branding, Finance, Leadership, Talent Management, Marketing, Sales, PR, Strategy, etc.) are fair game. While I will do my best to accommodate as many requests as possible, the reality…
Interview with Phil Gerbyshak
One of the requests I've had of late is to begin conducting interviews with Authors, CEO's and other business personalities that would be of interest our readers. Well, ask and you shall receive....I first stumbled across Phil Gerbyshak on the blogosphere by posting a comment on an article he authored. An e-mail dialogue ensued, and a few weeks later Phil and I have learned that we have many…