Managing your business’s finances might not feel intuitive. Many of us begin our entrepreneurial careers with a great idea. We spend the rest of that career trying to understand all the moving pieces that will make it profitable. There are people that will give you numbers. The truth is that there’s no clear rulebook. These profit and investment calculations are individual to each business.
Read MoreHere’s the truth: Our plans for 2020 got blown up. Everyone’s plans. We didn’t plan for our lives or our businesses or our cultures to get this disrupted. Back in the spring, we got scrappy. We came together. We figured out new ways to do things. Back in the spring, we thought we were trying to weather something that would be a few months long. Now, we’re tired. So, what’s the antidote?
Read MoreMany entrepreneurs believe that being led by their passion is a prerequisite for starting a successful organization. Definitely for starting one that they’ll enjoy running. The problem with this narrative is that passion does not equal success. In fact, I would argue that too much passion in a business leads to failure.
Read MoreConflict is inevitable. Everyone is different—different backgrounds, different scripts, different personalities, and different goals. Difference creates conflict. If we’ve learned anything from the last few months of civil unrest, it’s that embracing differences in our lives and in our organizations is critical. Workplace conflict will happen. By treating it as an opportunity for growth, we’ll help ourselves, our organizations, and our employees.
Read MoreAny successful business that’s been around for more than a few years has found themselves on that plateau, trying to figure out why their growth stalled or why they feel stuck. The plateau itself isn’t a problem. In fact, it may create an opportunity to look at your business, your product, or your market through new eyes.
Read MoreUncertainty is frightening to anyone. But many business owners — especially the introvert entrepreneurs out there — go deeper inside themselves during times like this. They isolate — because stepping out of their comfort zone and into this vast uncertainty threatens things many of us believe we need, including to be in control, to be safe, to be right. What if by reaching out, we expose ourselves as not knowing the answer, as being vulnerable and afraid?
Read MoreAs a business grows, its leaders face new challenges, often in strategy, organizational development, and values and culture. They may be faced with complicated decisions regarding capital, partnerships or corporate structure. In November, we hosted our Fall Leadership Retreat where Trajectify coaches were joined by CEOs and business owners from a variety of industries. In focused, mastermind-style discussions, each leader took turns sharing business challenges they are facing. The group got a chance to provide feedback and offer outside-in perspectives to their peers.
Read MoreWe don't want to have to be in a position to make passionate decisions, especially in business. Good planning means accounting for all outcomes while we are in our natural state, operating in Quadrant II (one of Strategy), not Quadrant I (Crisis). Here are some strategies to follow to help you do just that.
Read MoreIf you happen to be a football fan, you’ve probably now heard about the Double Doink. Let’s have some fun and create a general purpose definition for a double doink: the accomplishment of an improbable feat or an achievement from an impressive effort that results in failure or negative consequences. I’m not sure if I’ve had a double doink yet this year, but I know I’ve had plenty over the course of my career. I’ve been contemplating some of the things that you should do to recover from a double doink. Here are five things to consider after a mistake or failure.
Read More2018 brought Trajectify’s inaugural live business growth conference which brought together dozens of leaders, entrepreneurs, and professionals. We held Trajectify Live on September 13, 2018 at the Science History Institute in Old City, Philadelphia, featuring four Trajectify coaches plus a line-up of guest speakers and presenters while filled the day with insights, lessons and experiences
If you missed the opportunity to join us in September, we’ve got you covered. Here are videos we took of ten presentations from the conference. If you’re interested to attend the next Trajectify Live, please sign up here to be notified about the next Trajectify Live.
Read MoreAs a CEO, there is an expectation of fearlessness. Does not mean we need to pretend that we have all of the answers? Vulnerability is an important leadership attribute. We welcomed CEOs and Trajectify coaches to the 2018 Trajectify CEO Leadership Retreat a few weeks ago. We discovered and worked on many of the challenges in growing a $1M+ business. Each CEO took the hot seat in a mastermind session, most discussing with their peer struggle they are facing. Everyone gained new insights and perspectives. After a day long event of content and mastermind sessions, we asked each attendee for their biggest takeaway from the event.
Read MoreSean Darras, a Trajectify client and CEO of LUXTECH, a young, innovative LED lighting company in Old City, sat down for an interview with Mike Krupit during Trajectify Live. Sean founded the company in 2012 and over the last 6 years he has filled the company with people who care about the good of the company, the environment, and each person the products touch. The company has had impressive growth, and each quarter brings a new series of challenges for the team to learn from and conquer. In the Trajectify Live interview, Sean and Mike walked through some of the lessons learned in each phase.
Read MoreMike facilitated a panel discussion with four business owners who organically grew multi-million dollar revenues. He asked the entrepreneurs and CEOs to share their experiences, answer tough questions, in a no-holds-barred way that TAB members tackle challenges and attack opportunities.
Read MoreMy challenge with “Lean” is that as much as it’s a great philosophy for when you are starting out, you lose the ability to leap when you think about really big things. How do you do things that can’t be done in a one or two week sprint, the things that are too big to put on a little post it and stick to your bathroom mirror? In order to grow, you need to have a mindset of leaping, planning and doing big things, and then to figure out how to land after you take that leap.
Read MoreThis month, August 2018, is the 5th anniversary of Trajectify. Words cannot express how grateful and lucky I am to have been able to build this business and accomplish all that we have. HOW A BUSINESS IS BORN. I decided to leave startup #7, Real Food Works, in May 2013. I had turned 50 a few months earlier and found myself wondering, “what do I want to be when I grow up.” I told myself no more startups. So I embarked on what turned out to be a three month discovery mission that led me to create Trajectify in August 2013.
Read MoreI’ve had the good fortune of working in a variety of industries, building scale into growing businesses and advising executives on strategic initiatives. Despite the variety of products, services, and customers, I’ve observed certain constants across all businesses that separate the elite performers from the average.
Read MoreIt took me three years to go from VP Engineering to CTO to COO to CEO. How does someone grow that quickly? Yes, I worked hard and focused on results. Yes, I was afforded an opportunity being at a good place at a good time. Still, no amount of hustle, talent or luck could have made such a rapid transition successful. What made it possible?
Read MoreAt Bootstrappers Breakfast, we often hear a wide range of marketing challenges that entrepreneurs and young businesses are looking to solve– such as lead generation, developing a strong online presence, time management, focus. This time we broke down the content strategy puzzle.
Read MoreThe NYC Bootstrappers Breakfast is back… with new mentors to help facilitate serious conversations about starting and growing a business. Thanks to our friend Alex Portera, Co-Founder of Nowhere Men Media, here are a few quick and valuable points from the inaugural NYC Bootstrappers Breakfast comeback.
Read MoreMost of us take care of things that are important to us on a regular basis – maintaining our car, going to the dentist for a checkup, and updating software on our computer. But do we take a step back and invest the energy to look at our business model to see if everything is working the way we’d like it to? When you take time to review your business model, you may be surprised by the value you discover by making some tweaks – or perhaps even reinventing what you’re doing and how you’re doing it.
Read MoreStartups and Small Businesses sometimes find themselves at the edge of a chasm. With success in developing and growing their business, a stage is reached where they find that the "next step" is a big one! Trajectify partners with the entrepreneur to build momentum and trajectory to be able to cross the chasm.
We offer private and group (Mastermind) coaching and hold frequent events and seminars.
Trajectify is founded my Mike Krupit, veteran of eight startups. Mike has helped dozens of companies grow and mentored and advised hundreds more.
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