Now that you’ve raised money, how do you build a solid team? You’re a first-time entrepreneur. You have an idea that will change the world and you have been fortunate to find an investor to fund it. Now you’re faced with your biggest challenge yet. How are you going to recruit people to join you [...]
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Guidelines to Selecting a Home-Based Franchise that is Right for You.
Carefully consider a number of factors, such as the demand for the products or services, likely competition, the franchisor’s background, and the level of training and support you will receive. Many people dream of being an entrepreneur. By purchasing and starting a franchise, you often can sell goods and services that have instant name recognition, [...]
Chip Conley on How to Fight Fear
The founder of Joie de Vivre hotels on his new book, Emotional Equations, and the trick he uses to combat paralyzing anxiety. Chip Conley knows fear. In 2008 with the economy in recession, his hotel business Joie de Vivre sinking around him, a family member wrongly convicted and in San Quentin prison, five close friends [...]
Euro Debt Crisis Could Cripple U.S. Business Travel
The economic climate abroad has potentially severe ramifications to U.S. business travel as owners lose interest in European business opportunities. According to a new report by the Global Business Travel Association Foundation (GBTA), if the European debt crisis deteriorates any further it could have a significantly damaging impact on U.S. business travel, which in turn [...]
Top 6 Hiring Mistakes to Avoid
When filling a top leadership slot, these are the blunders you don’t want to make. In hiring for a top leadership position, you can make costly errors by either incorrectly diagnosing the situation, letting red herrings or other so-called rules get in the way of choosing the right person, or failing to set and follow [...]
Don’t Underestimate ‘Tech Block’
Make sure your new hires are not only computer literate, but tech-savvy. Here’s why. Ever tried to teach your grandma to use a computer? I did. While she eventually figured it out, there was a period in which she was too scared to learn. She was afraid to click on buttons and links because she [...]
The Best Time to Start a Company
Don’t wait. Here are seven reasons to launch a venture today. Now that you know my belief that starting a company is your best hope of living the life you want, here’s the next logical question: When should you get started? 1. You’re young The best time to start a company is when you are [...]
How Lincoln Became A Great Leader
It wasn’t Abraham Lincoln’s strengths but the self-discipline with which he put those strengths toward the right purpose. There is much we can learn by studying Abraham Lincoln’s journey from being just another politician to becoming America’s greatest president. (Wikipedia provides a compilation of “Historical rankings of Presidents of the United States” which makes it [...]
Know Your Limitations; You’ll Lead Better
The best leaders recognize their weaknesses–and struggle through them. I am known as a pretty quick study on most issues I face in my professional career. But that ability to master the situation has hit a roadblock. It’s called physical therapy. In my work I operate pretty much in the cognitive realm; I size up [...]
Why Flexible Hours Inspire Performance
Don’t waste a minute tracking your employees’ hours. They’ll get more done. “What time do you want me to start work?” That’s the question a new hire recently asked me. She looked a little startled by my reply. “I don’t care.” But it was the truth. I didn’t care—and I never have—what hours are kept [...]
