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...]
The Knicks and Your Business
Reorganization is a part of business, it’s as common as copy machines and coffee cups. What else is common? How often they fail at creating anything different in an organization. The Knicks seem to be on to something, so here is what you need to know. Get back to basics The Knicks are bringing back Steve Mills and with over 26 years’ experience, but the genius thing? They are … [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 Ties that Bind
As I had a conversation today with a colleague about the benefits of releasing negative company, I wondered does the same theory apply to entrepreneurs? As individuals we know that we have to be aware of the people we surround ourselves with and the energy they bring, but can we bring that thought into our business as well? Maybe we can and here’s where I think we should … [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...]