Is your company susceptible to fraud? According to the Association of Certified Fraud Examiners, the answer is yes. Its findings report over $7 billion in total losses due to fraud in 2018 alone. What’s even more interesting is that small businesses with less than 100 employees lost twice as much ($200,000-plus) per fraud attempt than their…
Ask any small business owner what they spend the majority of their time on, and you will likely hear something along the lines of: “I spend it putting out fires.” “I spend it answering employee questions and helping them do their jobs.” “I spend it helping my team with problems and challenges.” You are probably…
It has been estimated that executives can be in meetings for up to 23 hours per week on average. And business owners can spend more than that in a given week. That’s a lot of meetings, and if done improperly, it’s a lot of wasted time and missed opportunities. As a business owner, you have…
Hiring employees is supposed to free up your time. The goal is after we get past the initial hump of recruiting and onboarding, that having that extra person on the team will help free up your time to do more higher level tasks. That is the goal at least. But for many business owners, managing…
Scaling a company the right way requires that you balance keeping a clear focus on those fewer, better things that will make a leveraged difference for your company and that you stay flexible to learn and adjust as you go.
If you’ve ever been faced with a decision as to whether you should quit a course of action or persevere, then you’ll find the following six questions from New York Times bestselling author and business guru Seth Godin a big relief. I met with Godin several weeks back to talk about this very question, which…
The end of the year is a time for reflection. It’s a time for planning. It’s a time for growth. As a business coach, this is one of my favorite times of the year because I get to sit down with my clients and go over the victories and the struggles of the past year and…
As a small to medium-size business owner, you have no doubt struggled to find quality talent for your company at one point or another. Today’s competitive market makes it even more challenging, and there aren’t enough job candidates to fill all the open positions. Which is why, for many, hiring an independent contractor might be an idea worth exploring….
As a business coach, I have helped thousands of business owners grow and scale their companies. And one of the biggest things we look at when scaling, has to do with their labor and talent pool. If you have a solid team behind you, the chance for success is much higher. But for many business…
In past articles I have touched on the concept of the Value Economy, and how you can use this idea to harness growth within your own business. The old method of thinking is that if you work harder, longer, faster, you will get the results you are seeking. But that’s like someone stuck at the bottom of a deep…