Navigating Business Mistakes: Lessons Learned from a Weekend
This weekend, I found myself deep in conversation with a great friend, reminiscing about some of the bizarre business blunders we’ve both...
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JJUUKO DERRICK
4 days ago3 min
It's Okay to Take a Break: The Importance of Rest for Entrepreneurs
In today’s fast-paced world, the pressure to work tirelessly is immense, especially for entrepreneurs. The conventional wisdom often...
240
JJUUKO DERRICK
6 days ago3 min
What Independence Means to a Business
Today, as I woke up to celebrate my country's independence, I couldn't help but reflect on the significance of this day. In a nation like...
140
JJUUKO DERRICK
Oct 63 min
What Financial Consultants Know That Every Business Owner Should
Last week, while waiting for my pizza at a local shop, I struck up a conversation with a new acquaintance— a financial consultant. As we...
840
JJUUKO DERRICK
Sep 302 min
Reflections and Insights: Embracing the Last Three Months of the Year
As the year begins to wind down, I recently had a conversation with a friend that sparked some deep reflections. “Derrick,” they said,...
320
JJUUKO DERRICK
Sep 232 min
Appointing One Manager to Oversee Two Businesses
Last week, a client reached out with an intriguing request. Previously, I had successfully helped them recruit and train a manager to run...
250
JJUUKO DERRICK
Sep 162 min
The Power of Timelines: Why They Matter in Business
I must confess, I have become somewhat addicted to timelines in everything I do. Whether this is a good or bad thing depends on the...
210
JJUUKO DERRICK
Sep 93 min
The Inevitable End of Business Partnerships: Planning for the Future
Yesterday, I found myself in a business meeting, helping a client structure their partnership. As we discussed the future of their...
520
JJUUKO DERRICK
Sep 92 min
The Risks of Running a Business Without a Budget
Running a business without a budget is like driving a car without a map. It might feel freeing, but it can lead to serious problems....
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JJUUKO DERRICK
Sep 42 min
Lessons from Chinatown, a New Establishment in Kampala
When people ask me which sector to invest in, I start by scanning the sector for gaps and opportunities. This analysis often results in...
2520
JJUUKO DERRICK
Sep 23 min
Dealing with Relatives in Business
Recently, I approached a relative for legal services. To cut a long story short, I was quickly reminded to temper any sense of...
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JJUUKO DERRICK
Aug 262 min
DOING THE SAME THING AND EXPECTING DIFFERENT RESULTS
I have met a couple of entrepreneurs who face the same challenges year in and year out. When we sit down to discuss, they often say,...
330
JJUUKO DERRICK
Aug 233 min
The Business Game: How Important is the Team to Business Success?
Years back, when I first started following Elon Musk—though these days I don't follow him as much—one thing stood out about him: his...
180
JJUUKO DERRICK
Aug 192 min
The Pitfalls of Commission-Only Pay: Why It Often Fails for Key Positions
Yesterday, I had a lengthy discussion with a friend, an entrepreneur, who sought my advice on handling a new hire they were considering....
190
JJUUKO DERRICK
Aug 144 min
Signs That You Fired the Wrong Employee
In the fast-paced world of business, where sales figures and quarterly targets often take center stage, critical decisions about...
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JJUUKO DERRICK
Aug 122 min
Shortcuts in Business: A Costly Mistake
Yesterday, I had a candid conversation with a seasoned entrepreneur who has been running their business for eight years. Despite their...
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