When it comes to running a small business, leadership is of the utmost importance. Employees look to you for guidance and to set the tone for your company. Learn more about what it means to be an effective leader with the articles in this section, which cover topics such as employee management, hiring and firing, and team building.
Consider the following scenario: A business leader (let’s call him Lou) has been troubled by an employee (let’s call him Joe) whose performance was suffering. Lou noticed that Joe was becoming more and more unreliable—requesting days off without notice, often with just a phone call on the morning he was unable to come in. Joe’s appearance and overall attitude seemed to have … [Read more...]
Over the last ten years, there's been a sensational increase within modern-day business owners interested in using business to drive various social changes. Whereas corporations undoubtedly maintain considerable flexibility to pursue environmental and social objectives under the legal concept named the “business judgment rule”, conventional corporate law, as a rule, holds that … [Read more...]
In this era of massive disruption, a naïve approach to culture is something you can’t afford. “No CEO will ever get fired for being ignorant about their own culture,” my friend and colleague Paul provocatively likes to say. CEOs do get fired for lots of things, but rarely is culture one of them. This is because by the time they and their boards realize their strategies are … [Read more...]
As an online password manager solution specialist, Keeper, a leader in password protection management solutions, had a big 2019 as they secured a $60 Million investment in equity from Insight Partners. They were able to add 120 positions to their growing team and hope that this investment can help them add even more talent. This is the first investment funding since the company … [Read more...]
As a business owner, you have a lot on your plate already. From the day to day operations to making sure everyone gets paid, there are a million and one tasks you accomplish in your workday. Some tasks are essential for the operation of your company. Others you could afford to hand off to someone else, so we’re here to tell you about five things you need to be doing for your … [Read more...]
Have you ever bribed or used a form of encouragement as a means to get your kids into doing a chore, or used a reward as a means to motivate yourself? From wanting to work out to fit that outfit, to encouraging your kids to do their household tasks - everyone becomes a little bit more up for the job when there is a small gain for them. It also comes down to us wanting to be … [Read more...]
As your business grows, you may be looking for new opportunities and markets for your business to reach. This is great, as it will bring your company more revenue, but the market that you are a part of now may be limiting you. If you are going to be relocating your business overseas but aren't sure where to start, the following tips should help guide you in the right … [Read more...]
Growing a business into a successful venture is not easy. You must, for one, be very passionate and hardworking, but the sad truth, however, is that 50% of businesses fail after five years. The majority of these failures can be attributed to a lack of the right business skills. No amount of passion can replace the solid skills required to run a successful enterprise, so in this … [Read more...]
The pandemic is tearing across this country and the globe, and while some places handle it well, others struggle to enforce mask usage, practice social distancing, and use other scientifically-determined best practices. There is also massive job loss here in the US in many different industries; however, even with this adversity, we have to note that some companies have found … [Read more...]
My relationship to jazz permeates deeply in my life. It was part of the soundscape of my childhood because my dad was a passionate jazz devotee. He learned how to play the acoustic upright bass while serving in the US Air Force in the early 1960s, straight out of high school. I didn’t get jazz immediately. At first, it was just a way for me to cozy up to my dad and spend time … [Read more...]
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