Bitcoin is the new currency, maybe it’s a pipe dream or maybe it is the evolution of commerce. Whatever it is, here is what small business can learn from it. Change will come No matter what your market and how much you know, one day you will be obsolete. Count on it. That’s the thing about Bitcoin. It reminds us of this and that’s why it’s so scary. Noone understands how far … [Read more...]
Oh My! At Look at Mayer’s Leadership
No one said Marissa Mayer’s journey into Yahoo would be easy, but there have been some controversial moves made by tech maven. A lot of articles are taking shots at Mayer left and right, but I believe that there’s a method to the madness. She is going for long-term survival. Here’s what small business can glean from this year of leadership challenges. Who you fire … [Read more...]
Ch..Ch..Changes
I know that I’ve spoken of this before and I hate that I am writing about it again, but if I just had this situation chances are that many of my readers are struggling with something similar as well. I have a colleague that I worked with and the relationship crashed and burned. To me it was a part of business, while we did not work well together I didn’t see it as anything … [Read more...]
Play Ball!
There is a theory out in the world of baseball that everything you need to know about life, you learn in the outfield. I think there is some truth to that. Baseball is a game of knowing when to swing, learning about the other team and waiting for the right time to steal the bases. Sounds an awful lot like business right? We all know that we have to be strategic and … [Read more...]
Is there a strategy to communication?
I had a wonderful conversation with a colleague this morning about how communication fails in organizations. Whether you are a one man band or a conglomerate, there is a need to be able to effectively communicate with your staff and your clients. Do you know how to do that? According to Kim Mozingo at the Conwell Group, there is a lot that I need to know about strategic … [Read more...]
Business by Perception
This week has been a blur of promotions for the Lance Armstrong interview and I’ve begun to wonder, how do you protect the image of your company when your company is you? There is an old adage that says ‘you are the company you keep’, but in this increasingly global marketplace how realistic is that? Is it reasonable to assume we can manage all of our partnerships and alliances … [Read more...]
The Trouble with Talent
As entrepreneurs the thing is, we can see talent. The moment it walks in front of us, we know that this person has exactly what we are looking for. The problem with talent is that if the person has it, they inevitably want to use it. There is a fine line between being a person who requires little oversight and being a rogue employee who thinks they know everything. So how … [Read more...]
Managing an Entrepreneur
There is an inherent fear for people that aren’t entrepreneurs. They believe that hiring an entrepreneur will somehow infect the rest of the staff and cause them to defect. While this may be true to a degree, there is so much more your company can gain from having an entrepreneur in its presence. Here are my go to lessons learned. Be More Entrepreneurs expect more than … [Read more...]
Back to Basics
As small business owners we routinely perform tasks that larger companies would associate with assistants and receptionists. I answer phones, research client questions as well as conduct meetings and business development. As the economy continues to stall I have found myself performing tasks that even I have had to sit back and wonder if I should be doing them. What I have … [Read more...]
The Power of Perception
As a small business there is a perception that the quality of the service we provide is directly linked to our size. The question is whether that perception is true and if it is, are we actually the ones creating that perception? Here’s what I have learned to consider when projecting your business image. Perception trumps ability I’ve noticed that small businesses have a … [Read more...]