Resources to run a better business.
Featured Articles
How a 90 Day Meeting Rhythm Keeps Your Business on Track
I have to be honest.I don’t know who came up with the idea of breaking the business year into quarters.And I can’t find much scientific evidence behind the value of 90-day time periods.But I have seen, over and over, that 90 days is a “goldilocks” time frame for company goal-setting.
Good CEOs Balance Certainty with Open-mindedness
I realized something the other day. I keep getting older. And the older I get, the more I am certain of exactly two things: 1. There are a few things I know in life, but especially in business, for sure. These are the things I’ve experienced firsthand; seen with clients over and over (and over). The things I get paid to know as an executive, get paid to know as a consultant. The hills I’m willing to die on, so to speak.
Improve Accountability with a Simple Hack: Pick a Date
9 months. That’s how long my client gave himself to make the transition.He had a key employee who was underleveraged. This team member was “good enough” - but not really. $10 million in business was underutilized as a result. My client has been around long enough to know: as much as he loved this team member, it was time to move on.
The Psychology Of Business Growth
We forget sometimes that businesses aren’t just run out of spreadsheets. They aren’t operated on paper. Projections and forecasts and everything else are the data we use to make predictions about how people will behave in the real world. Sometimes, we don’t account for psychological factors in those predictions.
Building a Second Business: Don’t Take Shortcuts
“Past performance is no guarantee of future results.” It’s true of the stock market, and it’s true for us entrepreneurs, too. While you’re building up a business, the journey feels like a roller coaster. But when you look back on that journey, the path tends to flatten into a simple straight line. In other words: it looks easier once you’ve done it before.
Ditch the Generalizations for Better, Faster Problem-Solving
It’s funny. As I look back over the last few months, I see a pattern. Many of these newsletters have been about solving problems: how to solve them smarter, how to solve them faster. How to solve them better. Here’s why: solving problems IS the work of running a successful business.
The Impact Of Blind Spots On Your Business
How hard is it to “know thyself?” According to concepts like the Johari Window, your blind spots are the things that are unknown to you. They’re things you can’t recognize as true about yourself. I believe we all have blind spots. But for the most part, our eyes are more open than we think.
Ditch the Generalizations for Better, Faster Problem-Solving
As I look back over the last few months, I see a pattern. Many of these newsletters have been about solving problems: how to solve them smarter, how to solve them faster. How to solve them better. Here’s why: solving problems IS the work of running a successful business. There isn’t a day when you arrive to a company that operates in a problem-free zone. As long as you continue to grow, continue to employ people, and continue to deal with customers……you’ll have problems.