Why New Business Owners Need to Focus on the Future

Written by Monique Mills, MBA, PMP, Founder of TPM Focus What is that? The phone pictured above was taken at the house where the Movie ‘A Christmas Story’ was filmed in Cleveland, Ohio. It’s an all-time classic that comes on TV every holiday season. ...

How to Minimize Failure with Design Thinking

This is a MUST READ if you’re considering starting a new business or adding a new product or service to your existing business.  Why?  Because many companies fail simply because they didn’t consider the steps outlined in this post. At TPM Focus, we assist...

Are Business Plans Out of Style?

What is a Business Plan? Business plans can be defined as: a document, usually 10-20 pages long, that describes the opportunity, product, context, strategy, team, required resources, financial forecasts and expected returns of a business venture. Are Business Plans...

Mind Your Business

Everyone is looking for the one who got it right, with hopes of duplicating the formula.  NEWS FLASH:  There is no such thing. “One can learn from a successful business model, but copying it verbatim almost never yields a similar result.” You cannot copy and paste...

Components of The Business Model

First Things First The business model of your company represents the value you’re delivering (or planning to deliver if you haven’t started your business yet) to customers and how you will make money (profits) from providing your service or product. When people first...

Exit from #Startuplife

3 Pots of Gold in #StartupLife Think of the rainbow as your startup journey and the pot of gold as your financial goal at the end, your exit.   In layman’s terms, there are 3 categories of exits one can typically expect if their startup is successful:     1) New car...