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Category Archives: Depending upon others
Extending your Runway!
Several years ago, I wrote a book entitled, Extending the Runway, using parallels to piloting a plane to equate to the process of creating and building a small company, making maximum use of resources to get to and beyond breakeven. … Continue reading
Posted in Depending upon others, Positioning
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The tender issue of stealing time
It’s a big issue within any company. With easy access to Internet shopping, games, social networks and more, employees can find many ways to focus on personal issues while at work, detracting from productivity and demonstrating a disrespect for the … Continue reading
Some great coaches are younger than you are.
Especially for social media-based businesses, we all need to recalibrate our thinking about who is the teacher and who is the student. There is nothing wrong with a manager slowing a conversation to ask for more background when speaking to … Continue reading
How often do you say, “Great job?”
How we usually do this in our businesses. The best managers we all know are the ones who take the time to praise good work in public, before an employee’s peers. Most of us have a monthly award for the … Continue reading
Do you “over-welcome” your new employees?
A story of a CEO attuned to creating great company culture. A CEO friend of mine who managed her one-hundred-person remote workforce as a virtual company told me her story of how she welcomed new employees as she grew her … Continue reading
Ready, fire, aim. Really?
You’ve surely heard the variations on this theme. “Ready, fire aim” was popular in the 1990’s, accredited to any of several authors. I used the term to describe my efforts in the artificial intelligence field, experimenting with new devices, the … Continue reading
My dad said: “Never take on a business partner.”
My dad was a smart businessman, even if not formally trained. He occasionally gave me advice that turned out to be more than wise, looking back at subsequent experience and events. His personal teaching event was a typical experience, as … Continue reading
What would happen to the business if you die, leave or are disabled?
Yes, we’re invincible when young When we are young and early in our business lives, we feel infallible to the degree that we do not think of what might happen if we die while in office or decide to leave … Continue reading
An economics lesson for growing companies
Catching up from past insights Growing companies usually require more working capital during their periods of rapid growth. In past insights we have calculated the amount of additional capital needed for a business as it grows, and the additional capital … Continue reading
Which is more important? Workplace safety or profits?
Its a new world out there Some businesses never sent people to work from home, told they were “essential businesses.” Soon more will reopen as weeks and months go by. That’s a relief for most of us from the combination … Continue reading
