4 Failure Points that Can Undermine Your Business – Failure Point #4: Don’t Close Your Ears to Experts

Previously Published in StrategyDriven By Ed McLaughlin and Wyn Lydecker When I launched my second business, a publishing company called Sigma Communications, I was filled with passion but knew next to nothing about publishing a magazine. Without proven competence, I desperately needed guidance. Sure enough, I came to [...]

By | November 22nd, 2016|

4 Failure Points that Can Undermine Your Business – Failure Point #3: The Dark Side of Bootstrapping

Previously Published in StrategyDriven By Ed McLaughlin and Wyn Lydecker When we launched my publishing business, Sigma Communications, I was so passionate about the magazine, and so confident that it would be a runaway success, that I decided to self-fund. After all, I had successfully bootstrapped my first business, USI. Why couldn’t [...]

By | November 15th, 2016|

Four Failure Points that Can Undermine Your Business – Failure Point #2: Concept Validation Is Not Enough

Previously Published in StrategyDriven By Ed McLaughlin and Wyn Lydecker At the time we launched my second business, Sigma Communications, and its flagship magazine, The National Register of Commercial Real Estate, the biggest issue facing chief financial officers and real estate executives was their surplus real estate. Capital [...]

By | November 8th, 2016|

4 Failure Points that Can Undermine Your Business – Failure Point #1: Follow Your Passion at Your Peril

By Ed McLaughlin and Wyn Lydecker The ideal formula for business success is when your passion and distinctive competence align. Only nine months after opening my first business, USI – a business based on my distinctive competence – I launched a second business called Sigma Communications Inc., or Sigma for short. [...]

By | November 3rd, 2016|