Small-business owners across the country have sought out emergency loans or funding to help cover their expenses during the Covid-19 crisis. Many businesses have received their funds, and may be wondering how best to use their existing funds and credit lines to stretch them further. If you missed out on the Paycheck Protection Program funding, you…
Fifty percent of all fraud attempts were due to poor internal systems and controls, according to the Association of Fraud Examiners 2018 report. And the findings went on to conclude that most fraud schemes lasted a median duration of sixteen months. Which means the majority of those stealing from their employers had been with the company…
Despite your best efforts to recruit and hire the best job candidates on the market, chances are they may no longer be with you twelve months down the line. It’s just the reality of being a small business owner. Not only is this time-consuming and frustrating, but it costs you a lot of money and…
Just the other day I was thinking about a business owner that I had coached several years ago. Since he may read this column, I will call him Terrance (not his real name). Terrance owned a seasonal hospitality business in southern Utah and worked eighty plus hours a week, every year from May through October….
Do you have the answer to fix the problem? When you staff comes to you and shares a problem does the right thing to do jump immediately to mind and out your mouth? If you’re anything like the thousands of business owners my company, Maui Mastermind, has worked with over the past decade the answer to…
Effective communication is the cornerstone of successful leadership. Whether you’re leading a small team or an entire organization, your ability to convey ideas, inspire action, and build trust through communication can make or break your leadership journey. In this article, we’ll explore essential strategies for mastering leadership communication. 1. Know Your Audience Understanding your audience…
Goal setting is a fundamental practice in personal and professional development. Whether you’re an individual striving for personal growth or a business aiming to achieve success, setting clear and achievable goals is paramount. In this article, we’ll explore effective strategies for setting and achieving clear goals that can drive your personal and professional endeavors forward….
Effective leadership is built on trust, transparency, and collaboration. And one of the key aspects of fostering these qualities within your leadership team is deciding what information should be shared and what should be withheld. Striking the right balance between openness and confidentiality is crucial for a thriving and effective leadership team. In this article, we’ll explore…
Life is filled with challenges and setbacks. Whether you’re facing personal difficulties, professional hurdles, or unexpected crises, resilience is the key to bouncing back and thriving in the face of adversity. In this article, we’ll explore essential strategies for building resilience and developing the inner strength to overcome life’s challenges as a leader. Understanding Resilience Resilience is the…
I have talked a lot about how a good leadership structure is the backbone of any successful organization. In over 25 years of business coaching, I have seen firsthand just how important leadership is to the growth trajectory of a business. While the traditional top-down leadership model has been the norm for decades, a shift towards peer-to-peer leadership is…