• Skip to content

Jim Blasingame

Business futurist, award-winning author, speaker and columnist

header image
  • Home
  • Books
    • The Third Ingredient
    • Age of the Customer
  • Speaking
  • About Jim
  • Press Room
    • Jim In the News
    • Press Materials
  • Blog
  • Contact
  • Home
  • Books
    • The Third Ingredient
    • Age of the Customer
  • Speaking
  • About Jim
  • Press Room
    • Jim In the News
    • Press Materials
  • Blog
  • Contact

Start Ups

Don’t Drag A Stinking Fish Across Your Future

March 6, 2021 by Jim Blasingame

For centuries, one of the great pastimes of the English landed gentry was foxhunting. Part of that fun involved the occasional need to distract the hounds away from the scent they’d been following, which was accomplished by dragging a red herring – a real fish on a string – across the trail of the little furry guy.

Since this smelly practice was essentially lying to the hounds by leading them in a false direction, in time it produced a handy and enduring metaphor. Today, instead of being associated with horses, dogs, and stuffy English nobility in red coats, a “red herring” is more likely to represent someone attempting to divert attention from the real issue at hand in a conversation, debate, or negotiation. Magicians call it sleight-of-hand, and politicians call it politics. My grandmother would have called it lying.

Sorry, Grandma, but there are examples when introducing a red herring into a conversation doesn’t have to be sinister. For example, in a negotiation, it can be a handy defensive tactic, and in sales, it can confirm how important an objection really is to a prospect.

But there are other conversations when we introduce a red herring without realizing it – the ones we have with ourselves. And in those cases, since we know both sides of the debate, the result is what Grandma said: we lie to ourselves. I call that the personal red herring. It’s one thing to use red herrings as a communication tool, but when we use them on ourselves, it’s unproductive at best and disastrous at worst.

[Continue Reading]

Filed Under: Entrepreneurship, Start Ups

Five Post-Pandemic Rules For Business And Life

February 20, 2021 by Jim Blasingame

Almost a half-century ago, a list of rules really caught on. Without the benefit of the Internet, email, or social media, but with no less an endorsement than syndicated newspaper oracle, Ann Landers, “Ten Rules For Being Human” quickly circulated around the globe.

Initially, the author’s name didn’t make the trip, resulting in attribution to “Anonymous.” It remained that way even when Jack Canfield and Mark Victor Hansen included The Rules in their original Chicken Soup For The Soul book in 1993. Still attributing it to “Anonymous,” they somehow didn’t know that the wisdom of The Rules came from their long-time friend, Dr. Chérie Carter-Scott.

Chérie has been my friend since she first told that story to my radio audience over two decades ago, as she launched her first book based on The Rules, If Life is a Game, These are the Rules. Using Chérie’s numbering, here are five of the ten Rules that are handy for small business owners any time, but especially so just now. And, of course, each rule is followed by my thoughts.

[Continue Reading]

Filed Under: Entrepreneurship, Start Ups, Work-Life / Balance

The Key To A Successful Post-pandemic Banking Relationship

February 6, 2021 by Jim Blasingame

One of the most interesting relationships in the Main Street economy is the one between business owners and their banks. It is at once powerful and essential. Let me tell you a short story about where this dynamic has been in order to explain where it’s going.

Unlike our big business cousins, small firms have limited capital sources. Indeed, the lion’s share of our growth funds come from a bank loan, with almost 60% being made by a community bank (ICBA). Yet, since 2008, more than half of small business CEOs have consistently reported not needing to borrow money (NFIB).

A dozen years ago, a kind of perfect storm began for Main Street businesses: the 2007-09 recession was made “Great” by the Wall Street-induced financial collapse, which was followed by our economic lost decade during the Obama administration. In survival response, small businesses tightened their belts and deleveraged on a scale not seen in generations.

This deleveraging phenomenon resulted in small businesses retaining more earnings which, by definition, produces stronger balance sheets and reduces loan demand. And it produced a silver lining we didn’t know we had or needed – until last year.

[Continue Reading]

Filed Under: Banking, Cash Flow, Investors, Profitability, Start Ups

Prepare for 2021: Five Critical Questions for Business Startups and Veterans

December 10, 2020 by Jim Blasingame

Let’s play “What’s wrong with this picture?”

DATELINE: New York – December 11, 2020: Millions of small businesses hanging on by a thread after being shut down by state and local politicians reacting to the coronavirus pandemic.

DATELINE: Chicago – December 11, 2020: Thousands of small businesses closing for good after being shut down by state and local politicians reacting to the coronavirus pandemic.

DATELINE: Washington – December 11, 2020: “There’s a business startup boom. The third quarter of 2020 records the highest new business applications we’ve ever seen.” (U.S. Census Bureau).

That was a softball, wasn’t it? Next time I’ll throw you a real curve.

[Continue Reading]

Filed Under: Entrepreneurship, Ethics / Trust, Leadership, Management Fundamentals, Start Ups

The New Regular: The Pandemic Paradox of Business Growth

November 12, 2020 by Jim Blasingame

This is the 22nd edition of my New Regular series, which is devoted to helping your business survive the rest of 2020 and grow in 2021. Normal was last seen looking for hanging chads in Palm Beach County, Florida.

One of the greatest professional accomplishments is to start a business and grow it successfully. And just now, emerging from the pandemic punch-down, millions of pathologically optimistic small business owners are doing their best to transition from survival mode to growth.

But we all know the post-pandemic marketplace will impact growth differently than ever before. Indeed, many coronavirus veterans are watching their business models being reset in front of their eyes.

Meanwhile, millions more Americans have responded to being unemployed by morphing into that exciting entrepreneurial quark – a startup. And it’s part of my tough-love act to point out that members of this group likely have no concept of what it takes to grow a business.

[Continue Reading]

Filed Under: Business Planning, Entrepreneurship, Management Fundamentals, Start Ups

The Presidential Candidates’ Record on Small Business, Part I

October 17, 2020 by Jim Blasingame

As a leading voice for the small business sector, part of my advocacy is to track and report on public policy that impacts the Main Street economy. In that role, I vociferously support those issues that benefit small business and pugnaciously oppose those that don’t, regardless of political party paternity.

Since 1997, I’ve stuck my finger in the eye of Presidents and Congresses of both parties for policies that hurt – or didn’t do enough to help – the heroes who create half of the U.S. GDP and sign half of the paychecks that support over 100 million Americans.

Prior to every presidential race since 2000, I’ve compared the policies and performance of the two major party presidential candidates based on the top concerns that keep small business owners up at night. This is the first of a two-part series on my 2020 analysis of seven issues that currently find their way to the top of every small business survey. Part I covers the economy, taxes, and regulations. Part II will cover healthcare, entrepreneurship, energy, and the pandemic.

[Continue Reading]

Filed Under: Finance / Accounting / Taxes, Government / Politics, National and Global Economy, Start Ups

  • Page 1
  • Page 2
  • Page 3
  • Next Page »

Categories

  • Banking
  • Business Planning
  • Cash Flow
  • Communication
  • Coronavirus
  • Customer Care
  • Cybersecurity
  • Demographics, Generations
  • e-business
  • Entrepreneurship
  • Ethics / Trust
  • Finance / Accounting / Taxes
  • Franchising / Licensing
  • Futuring
  • Government / Politics
  • Human Resources
  • Innovation / Creativity
  • Intellectual Property
  • Investors
  • Leadership
  • Legal
  • Management Fundamentals
  • Marketing / Branding / Advertising
  • Mobile Computing
  • National and Global Economy
  • Negotiating
  • Profitability
  • Sales / Sales Management
  • Social Media
  • Start Ups
  • Technology / General
  • The 3rd Ingredient
  • The Age of the Customer
  • Trade: Import, Export, Globalization
  • Uncategorized
  • Work-Life / Balance

Archives

  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017

Share this page with your friends and followers

© 2021 · Jim BlasingameContact Us