Speed Kills!

No, I haven’t become the spokesperson for the National Highway Safety Commission, I’ve had more than my fair share of speeding tickets (and actually far fewer than I deserve.) I just read a horrible piece of advice from a “guru.” The advice was, “Efficiency Drives Effectiveness!” How wrong can a supposed expert be? Efficiency is all…

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How to Manage and Pay Tipped Employees in Restaurants

In the restaurant industry, tips are more than something you’d associate with a homespun tip jar by the cash register—they’re a primary source of income for tipped employees. The catch is tips are also taxable income with specific responsibilities for employees and employers. Tips Are Not Small Change In its research, the National Restaurant Association (NRA) states that restaurants…

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6 Reasons You Might Want to Get a Business Loan

The mythical American should be able to start a business purely through a combination of working hard, having the right attitude, and pulling up their bootstraps. Chances are, however, real-world business owners are going to need outside help at some point. One such way to get help (without giving up control of your business to…

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5 Crucial Ways to Gain Support and Recognition as an Entrepreneur

“Successful and unsuccessful people do not vary greatly in their abilities. They vary in their desires to reach their potential.” – John Maxwell There are a growing number of opportunities for people who have the discipline to live their full potential, particularly in today’s entrepreneurial landscape. For instance, three young social entrepreneurs whom we support…

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5 Uncommon Personal Branding Tips for Success

Given the fast-paced digital world that we live in today, it is absolutely essential to have a personal brand. However, just having a personal brand won’t do, you need to have a great personal brand. Having a powerful brand will spell success for you, your career, and your company. Furthermore, if you notice, most accomplished…

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Are You the Leader if No One Follows?

Here is a variation of the “tree falls in the forest” question. In past insights, we’ve looked at leadership skills, ways to enhance effectiveness, and how to develop creative ideas that motivate and propel your organization to greatness. Here is the ultimate question for a leader… You’ve heard the old saying that you can lead…

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Beware the Dunning-Kruger Effect!

All of us suffer from the condition that we don’t know what we don’t know. However, for many, there lurks a problem that is even greater and it has come to be known as the Dunning-Kruger Effect. Psychologists David Dunning and Justin Kruger uncovered and described an interesting—and troubling—phenomenon. Many of the people who are the…

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How Winning Startups Tackle Tough Growth Constraints

There is nothing wrong with growing your business by selling more of your solution to more people in more cities, states, and countries. That’s called organic growth, and everybody does it. But in my experience as a startup advisor, too many entrepreneurs get stuck there, and always find excuses for not really exploring mergers, acquisitions, partnerships,…

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