Entrepreneurs actually show their inability to switch to executive mode much earlier in the business development process than most people realize. But the reasons executives fail to “scale”—that is, adapt their leadership capabilities to their growing businesses’ needs remain messy The ability to effectively lead a project, department, or organization beyond the start-up stage depends […]
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Statistics tell us there are close to five billion people that use the Internet every day. Access to the Internet has created an opportunity for business leaders to reach their ideal consumers more smoothly. You can use many organic strategies to reach new customers and add value to the market base. Here are three powerful
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Here are 4 tips for smoothly handing off the business to the next generation. Find Common Ground: Rather than dragging out the process or leaving your kids/next generation in the dark, talk about your plans and listen earnestly to their ideas. Search for a balance between your needs and theirs not to mention the business’s.
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Resistance to change The biggest barrier that always gets me into ‘battle mode’ are new features that are meant to override the old. If change is part of the product culture, then your organization should be hiring talent in line with this. When launching a brand new product, the concern is mostly with the messaging,
Common barriers when launching a product and how to overcome them! Read More »
There’s nothing more important to a business than its employees. If your employees are happy, their productivity will increase, and that’s exactly what you need to help your business grow. Here are eight top tips on how to get the most out of your employees and ensure that their productivity is kept to a maximum:
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Whether they’re mentorships or joint ventures, the right arrangements can provide strength. Every entrepreneur dreams of building a successful business that will provide them with fame (or at least a positive and trusted reputation), fortune, and the ability to make a difference. One of the fastest routes to all of these goals is through powerful
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Finding trustworthy vendors and partners is key to growing your business — but it’s a challenging relationship to perfect. Here are six methods that some of the leading entrepreneurs have suggested: 1. Start small. Ask any potential vendor about their sustainability practices to make sure their values are aligned. If they are, experiment with small-batch
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It’s not enough to excel at a steady pace, firms also need the resilience to respond to irregular operations and conditions. Fresh off a year-plus of supply chain disruptions and irregular operations precipitated by the global pandemic, organizations should make time to rethink resiliency and risk management. There are times when there is a major
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Elevator Pitch Mistakes Include Starting With Your Name, Talking About Technology, And Sounding Desperate Some of the mistakes that an entrepreneur should avoid during an elevator pitch are: Starting With Your Name – Revealing a lot about you at the start will not grab your audience’s attention right away. Swaying and Moving Your Hands –
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How to Think Beyond a Crisis Leading a team and satisfying customers isn’t easy in a crisis. Here’s how three chief financial officers did it — and what practices they’ll keep in the future. Give your customers a break: Square decided to refund software as a service (SaaS) fees to its customers in March and
How Dell, Square and Wayfair think beyond a Crisis Read More »