In his new book Accelerate: Building Strategic Agility for a Faster-Moving World, John Kotter proposes a dual system as a model for growth in mature companies. The model contains the traditional hierarchy and a nimble network – both are working towards a truly reliable, efficient, agile and fast enterprise. Kotter describes a dual operating system’s principles as … [Read more...]
3 Elements to Attract New Customers to Your Business
You have finally opened your dream business – a restaurant – and you’re now ready to put all your other plans into action. You can’t expect instant results if you’ve barely opened shop. It takes time, effort, and patience to get your business on solid ground. Of course, once your business has gained ground, you need to keep it afloat, and this is where your customers come in. … [Read more...]
Hot Tips for Female Traders
Sponsored by Learn to Trade: In a male dominated industry such as trading, you’d be forgiven for thinking that females just aren’t suited to the high stress world of stocks, bonds, and foreign currency. But you’d be wrong. Dead wrong. There are already tons of successful female traders out there making an absolute killing on the market---much to the chagrin of their male … [Read more...]
Failure is ABSOLUTELY an Option
“Failure is NOT an option,” says many an entrepreneur. But that's just a lie; failure is always an option. Every entrepreneur has failed at many things. Everybody fails. In business, and for every entrepreneur, failure has been a critical part of their path to success (whether they remember it or not). Failing gracefully and learning from failure is much more important than … [Read more...]
5 Keys to Instilling Confidence in Female Employees
I’ve been a CMW — a “chief motivator for women” — for most of my life. From helping to raise my kid sister to raising my four daughters and running a company of predominantly female employees, I’ve learned that a confident woman is a powerhouse for success. Confidence is key to being a successful businesswoman, but all too often, women lack the confidence they need to … [Read more...]
Should I Quit My Day Job When I Start My Own Business?
Many aspiring entrepreneurs dream about leaving their day jobs. Often, it’s the frustration and lack of passion for a day job that drives someone to want to start their own business in the first place. But opinion on this is divided. While many entrepreneurs will strongly advocate keeping your day job for as long as possible, others will tell you that your business will never … [Read more...]
Changing the game: How partnerships can change you business
In our quest to build an empire, we are often tempted to rush through relationship and just do it ourselves. During my many mistakes I have learned that the best way to build your empire is to collaborate and build relationships. Collaborating is not easy, you have to bring something to the table; so here are the secrets to successful collaboration as a small business. I … [Read more...]
Are You Overlooking These 6 Access Management Vulnerabilities?
Sponsored by Trend Micro: Network administrators may think they’ve covered their bases by putting security tools like firewalls, antivirus, sandboxing and whitelisting into place. Unfortunately, none of those tools can protect the company network when employees fail to protect their passwords. According to Time Magazine, some of the top employee choices for passwords are … [Read more...]