Running a company can be very personal. Often the business you start and run is an extension of yourself, to the degree that the business might literally live and die with you.
While we often discuss topics such as business development, marketing, products, finances, innovation and the like, we rarely talk about depression and other mental illnesses. As a matter of fact, I don’t think that I have ever read an article that discusses the topic in terms of business leadership and ownership.read more
Over the last few years, your friends and especially family have watched you work the necessary long hours, including nights, weekends, and even holidays to ensure the business you started continues in its success. As they see your business grow, some of those same friends and relatives will begin to offer their assistance as an employee, contractor or even partner. Likewise, you may start to look at those close to you as possible assets and even heirs to your company. The classic proverb states, “Blood is thicker than water,” and sometimes it is also a smarter job hire. Unfortunately, sometimes it is not.read more
The influential role of leadership and its impact on the success of your organization
It was interesting last evening watching the fourth GOP Debate and listening to the individuals talk. Some of them looked and sounded like leaders. Some of them looked and sounded like politicians. Some of them looked like they might have been coerced into being there or had something better to do. All of them caused me to think about what I look for in a leader and by extension, what employees look for in leadership.
One of the comments that was made had to do with “negotiating from a position of strength,” with respect to negotiating with Russia. As a leader, you need to take the same position – negotiating from a position of strength. You are leading a company – a business, and thus, you are a business person, and the lead business person at your company. Therefore, by extension, the way that you do business is the way that those at your company should do business. So if you’ve got a soft-handed approach, or no approach at all, then you can expect the same from your Company. If you exude strength, however, you will find that your organization will follow.read more
Steps to Recruiting and Keeping the Best Employees for your Small Business
You have managed your business, whether it be a direct mail marketing practice or pet care business for the last few years. As a disciplined, independent entrepreneur, you have managed every detail; the semi-comedic introduction plays out like this:
“Are you the CEO?”
“CEO, secretary and janitor.”
However, as a well-studied businessperson, you also understand that the key success is intelligent growth, and the key to growth is hiring passionate, intelligent professionals to manage the aspects of the business which have distracted you and hence bit into your revenue. The question you need to ask yourself is, “I know I need the right office manager, general assistant or sales coordinator, but how to I get him or her to join my team?”
In short: you need to be recruiting.read more