The stats may shift a bit throughout the years, but the hard fact of being an entrepreneur is that most businesses fail. Of course, plenty of businesses still succeed long-term and those who do find real, long-term success all have a few things in common. From good hiring practices to excellent customer service, and more, [...]
Best Practices for People Management in 2020 We recently talked about some of the biggest trends that will affect small- to mid-size businesses in 2020, particularly the technological changes that you should use to your advantage to stay relevant. But even with advancements, best practices for people management in your business are still a critical [...]
Align Your Goals with Upcoming Business Changes With the New Year on the horizon, you might give yourself the resolution to be a better leader, increase sales, or make your business a more appealing place to work. Whatever your goals are, it’s important to be aware of trends for small- to mid-size businesses are expected [...]
Why failing in business is crucial to succeeding in business No one likes to fail. It’s embarrassing, it makes you deeply vulnerable, and in the case of running a business, it often involves the incredibly personal connections of your life’s passions and your life’s savings. But if you spend every day terrified of failing, you’ll [...]
Cement your company’s direction with an effective vision statement You’ve all heard of vision statements, and you may have even thrown one together for your business already because you’re “supposed to" — but is it useful? While a mission statement breaks down your immediate goals and plans, and your strategy elaborates on how you want [...]
Millennials and Gen Z We recently started talking about the unusual situation that many businesses find themselves in as they juggle workers of four different generations (and their corresponding culture and motivations). What tends to work for employees in one generation might have the opposite effect with another, so many of the old school rules [...]
You might be seeing the term “burnout” a lot more these days, and for good reason, worker burnout has been increasing steadily and it can cause some real problems in the workplace. Burnout, simply put, is the emotional, mental, or physical exhaustion currently affecting nearly a quarter of the American workforce on a daily basis. [...]
Inspiration for Change in Minneapolis Our Minneapolis attendees were energized, inspired to make plans, and motivated to change their business for the better. Here's what they had to say: “Very Good, THANK YOU!” "Great, relevant information. I feel inspired to make a plan and I know exactly what steps to take to make some changes. [...]
Using generational differences to manage smarter Since people are staying healthier and living longer, retirements are getting pushed back—this makes for a pivotal change in the workplace wherein many businesses now have four quite distinct generations in their workforce (some even have five if you have a holdover or two from the Silent Generation in [...]
What to do when you’re the problem in your business It happens a lot. Someone is an expert in their field, their customers love them, and they think, “I’m so good at this, I should start my own business!” It’s a great notion, again, it happens a lot, but even though passion and expertise may [...]