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Monthly Archives: March 2013
Happy Ostara: Owner Infallability
The origins of Easter are lost to history. I don’t mean the Christian holiday celebrating the resurrection of Jesus, or even the Jewish holiday of Passover which it matches on the calendar. In fact, the name Easter is a derivative … Continue reading
Posted in Leadership, Management
Tagged business ownership, employees, entrepreneurship, leadership, management, small business, small business advice
2 Comments
2 Responses to Happy Ostara: Owner Infallability
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Cutting Out Employee Infection
A client found himself in an unenviable position. The cancer of negativity had spread through his management team. He knew the sources, and was prepared to clean house. Where should he start? First, some background. The company was a bootstrap … Continue reading
Posted in Leadership, Management
Tagged business ownership, employee performance, employees, leadership, management, small business advice
1 Comment
One Response to Cutting Out Employee Infection
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Last year our production manager had a verbal blow out as he felt our goals were too difficult to achieve. I gave him three paid days off and he had a vacation after that. He decided to move on (much to my relief and financial relief). I now have two assistant production managers who have easily met our goals. they accomplished their goals because they did not know “it could not be done”. It is amazing what can be accomplished when we do not know what the limits of ingenuity are.
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Employee Investment Takes Time
Despite millions of dollars in revenue and expenses, an NBA team is a small business. A coach gets 15 positions (12 active and three reserve) with which to field a winning organization. As in any small business, every player has an important role. While some … Continue reading
Posted in Leadership, Management
Tagged business ownership, employee performance, employees, hiring, leadership, management, promotion, small business advice
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Are Entrepreneurs Smarter, or just Gutsier?
The vagaries of my reading habits had me reading two “How I did it” books last week; Ed Whitacre’s “American Turnaround” and Dave Ramsey’s “EntreLeadership.” Both men are justifiably proud of their achievements, but their differing paths to success are striking. … Continue reading
Posted in Entrepreneurship, Leadership, Thoughts and Opinions
Tagged business ownership, entrepreneurship, leadership, small business
3 Comments
3 Responses to Are Entrepreneurs Smarter, or just Gutsier?
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I think you are on track. I know I have toyed with the idea of owning my own business, but realized years ago that I do not have the risk tolerance or the burning need (i.e. I just lost my job and need to eat). Entrepreneurs fulfill a key role, but they often get to a point where they need the skills of “corporate” people. They need each other.
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Thanks John, another good topic…
Guts, balls, chutzpah, however you say it entrepreneurs and business owners have immensely more than employees…Like you say in the “crock” paragraph, they choose the known “job” because they feel like it’s the easier way…My reason for quitting my job and starting a business was mainly your 1. Wanted to make more money than my employer paid, but it was more about compensation…example, one company I worked for only about 2 years, told me, (after I left, finding a better paying career), “Clint, you were way better at this than the Journeyman, Bill”…Fine time telling me now!..shoulda compensated me and maybe I’d have stayed…I digress…
Successful entrepreneurs and business owners know how to use risk to their advantage and master it by using it with plenty of practice…Employees go home to watch TV, entrepreneurs go home to work, but fun work.
Clint. -
I think self-employed people realise the world is their oyster, they are no longer sheep…they feel they can achieve whatever they desire…but yes and a big yes, they need to foresight to pick up the pieces when things go wrong or be quick enough to STOP and change what they are doing to make it work.
Im from a working class background so the only thing we have is our tenacity and will to resolve.
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Giving Referrals: Fire and Forget?
We all appreciate getting referrals. There is a feeling of gratification in knowing that someone thinks enough of your work to send a friend or associate your way. Referrals are usually the life’s blood of most small businesses. When I … Continue reading
Posted in Marketing and Sales
Tagged business ownership, marketing, sales, sales management, small business advice, trade
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I’ve been following your blog for close to a year and this is my favorite post. Glad you decided to re-run it because I missed it the first time around.
Thanks Jason. It isn’t often that I get to combine my love for useless trivia with a business lesson. This one was fun to do.