Establishing a mentorship program can help businesses grow, employees succeed and executives lead more effectively. A significant majority of women — 63 percent — have never had a formal mentor in their career. It goes (almost) without saying that everyone in the global-business community can contribute to decreasing that number. I was lucky enough to enter […]
Any successful leader will tell you, it’s not easy at the top – and, well, it’s not all fun and games on the way up either! Many leading entrepreneurs start out with little or no financial backing and even less moral support, because let’s face it – as a society, we still value security, acceptance […]
This article by Deb Liu at Entrepreneur.com offers valuable insight into effective strategies to provide useful employee feedback. Feedback is sometimes hard to hear and to give, but when given in the spirit of support, it is a gift beyond measure. Giving effective feedback is an essential management skill that can define the trajectory of a person, a […]
Does looking at your mobile email app give you anxiety? Is your inbox overflowing with unread messages, eCards you haven’t responded to, and other incomprehensible requests you haven’t had the time to touch? If yes, your email is out of control. But don’t worry. These 5 effortless strategies will get you on top of your email […]
Over the years, Google has embarked on countless quests, collected endless amounts of data, and spent millions trying to better understand its people. One of the company’s most interesting initiatives, Project Aristotle, gathered several of Google’s best and brightest to help the organization codify the secrets to team effectiveness. Specifically, Google wanted to know why […]
This article, originally written by Jon Meyer and published on Investopedia speaks to the common question, How and when are business owners compensated? I recently participated in an entrepreneurial rally where start-up business owners were each able to spend 25 minutes at four roundtables and ask questions of those of us with more established businesses. […]
For the first time ever, there is data to clearly illustrate seven financial habits of highly effective small business owners. Based on a comprehensive study of 1,700 small business owners in the U.S., fewer than one in four owners of small businesses currently adopt all seven financial habits. Those who follow the best practices consistently outperform other small […]
Your next big raise? Don’t hold your breath, some economists say. According to research collected by Paul Davidson at USA Today, many economists are starting to suspect that the forces that once drove both wages and prices higher in a virtuous cycle may no longer apply, or at least could be muted for a prolonged […]
Be careful not to become the kind of owner afflicted with “shiny object syndrome.” Most entrepreneurs, from the time they start their business, think about the prospect of scaling. Scaling is the necessary path to improve profitability, expand your reach and solidify your long-term prospects. So, no matter what your main motivation is for becoming an entrepreneur, […]
Mistakes happen. But if your staff is serving up these excuses on a regular basis, you’re in bigger trouble. Excuses are like, er…opinions; everyone has one. OK, so that’s a much less graphic version of that cliché, but organizations that are full of excuses are also full of bigger problems. No one has a perfect performance record, […]