business Archives - Your Friend 4 Life

December 16, 2018

5 Stages of Business

I was in an interesting training this week about the stages of business. As an entrepreneur, I found the statistics interesting. Of the Fortune 500 companies in 1955, only 55 are still in business today. The trainer discussed the evolution that every business goes through and why the business thrives, survives or expires. Here are Continue reading →

Tim Wilhoit

Educational

September 10, 2017

What is Your Why?

I recently saw a short video of Damon John of Shark Tank fame talking about why. He said that he didn’t find success until he found his why. Why we start a business and what we want to accomplish in that business cannot have success without your why. Your why becomes your passion which Continue reading →

Tim Wilhoit

Inspirational

August 13, 2017

Do You Use a Business Survey?

I am curious as to how many small business owners use a business survey. In other words, sending out a quick rate my business with 1 being the lowest and 10 being the highest. We all see this a lot with big national brands, especially online vendors. Everything from “how did we do?” To “how Continue reading →

Tim Wilhoit

Educational

March 27, 2016

What Do You Say?

I am always curious about what different people say when meeting a new person at a social event. This is especially true at a business networking event. Is it just a boring question that everyone else asks? “How’s it going?” “How are you?” How’s business?” “How’s life treating you?” All of these ice breaker questions Continue reading →

Tim Wilhoit

Educational

August 23, 2015

5 Successful Components of a Start-Up

My son sent me some links to a few TED talks about business that I decided to watch. There was one in particular that really caught my eye. Bill Gross, an expert in start-up businesses, gave a short speech about the 5 components in successful start-ups. This really resonated with me having just gone through Continue reading →

Tim Wilhoit

Educational

August 9, 2015

If You Are in Business, Remain Silent

This week in my town of Nashville TN, we made the national spotlight for a shooting. As I watched local and national news unfold this story, it became apparent, it is more important to report something than to report the facts. In another sad day for our country, the gunman was initially reported as a Continue reading →

Tim Wilhoit

Current Events

June 1, 2014

Commencement Address for Insurance Agents

Our youngest child, my daughter, graduated high school this week. As we were sitting in the auditorium of about 5,000 parents, relatives and friends to watch these 439 seniors move on to the next chapter of their lives I couldn’t help but think about the young man that gave a great commencement address. His Continue reading →

Tim Wilhoit

Educational

February 23, 2014

Starting a Partnership? Don’t Forget Buy Sell Life Insurance

Being in my third decade of life insurance sales, I am still amazed how many partnership businesses don’t think about life insurance. At least some go to the trouble of hiring a good attorney to write the partnership contract. The attorney almost always suggests key man life insurance or a buy sell life insurance for Continue reading →

Tim Wilhoit

Educational

October 6, 2013

In Your Business, Are You The Chicken Or The Pig?

In the insurance agency business or any business for that matter, there is always a level of commitment. Take the fable of the chicken and the pig. In a breakfast plate made up of ham and eggs, both animals were involved. However, the chicken contributed but the pig committed. Meaning the chicken laid the eggs Continue reading →

Tim Wilhoit

Educational

June 30, 2013

Are You A .300 Hitter?

A good friend of mine brought up a great point in a discussion about giving a little extra to grow your business or in my case insurance agency. He is a big baseball fan and personally I’m a football fan. I am somewhat of a statistics geek so I do love his analogy. He brought Continue reading →

Tim Wilhoit

Inspirational

April 7, 2013

What Is The One Secret Every Successful Person Knows?

What is that one thing that all successful people seem to know that others less successful don’t? Why do so many lose and so few win? It really is very simple. Successful people know the answer to the riddle. Others use it, but it always seems to work against them. Can you solve the riddle Continue reading →

Tim Wilhoit

Inspirational

June 23, 2012

Is Your Why Big Enough To Succeed?

So, why is the why so important in your business? I’ll tell you why. It’s the why that becomes your passion. Without passion, your business will not succeed over a long period of time. Let’s face it, when we start our business or insurance agency, we are excited. It is the thrill of new things Continue reading →

Tim Wilhoit

Inspirational

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855-729-8178

855-729-8178

5 Stages of Business

What is Your Why?

Do You Use a Business Survey?

5 Successful Components of a Start-Up

Starting a Partnership? Don’t Forget Buy Sell Life Insurance

In Your Business, Are You The Chicken Or The Pig?

Are You A .300 Hitter?

What Is The One Secret Every Successful Person Knows?