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How to Craft the Best Mission Statement for Your Small Business

Putting together an effective and appropriate plan for a new small business is critical to achieving long-term success in any industry. Typically, some type of mission statement is included in such a business plan. To…

Don’t Stop Believing: What to Do When Your Business Encounters a Setback

As much as we don’t like to admit it, setbacks are unavoidable in business. But what really makes the difference is not whether we encounter failures—because we all do—it’s how we respond to them. The…

Does Everyone Need Coaching?

Participating in a webinar the other day, for a moment I was stumped by a question, “Does everyone need coaching?” I guess, more than being stumped, I was stunned with the question. But on reflection,…

Deal with Setbacks in a Positive Way

Losing doesn’t eat at me the way it used to. I just get ready for the next play, the next game, the next season. -Troy Aikman Being a manager has its up and downs. There…

The Keys to Learning from Your Business Failures

So you screwed up. What next? There’s something you notice a lot in online marketing—the story of how an entrepreneur tried, failed, recovered and then succeeded. It’s a good story and an important story. But…

Setting Goals for Your Employees

As a manager, the important thing is not what happens when you are there, but what happens when you are not there. ~Ken Blanchard I am continually surprised by how many businesses do not set…

The Anatomy of a Great Business Team

In business, the dynamics of a team can make or break a project; this is even more prominent in small businesses where the role of each individual in the team is felt more keenly. In…

The Examples We Set, Our People Are Watching

As managers and leaders, we create (consciously or unconsciously) dozens of “training” moments for our people, every day. Our people watch our every move, drawing conclusions about what they should be doing, how they should…

You Need a Contingency Plan for Every Part of Your Business

When you’re dying of thirst it’s too late to think about digging a well. ~Japanese Proverb I was dealing with a business that relied on a single supplier for products that represented the majority of…

Gifts versus Cash: Which is More Effective as a Corporate Giveaway?

Certain corporate gifts have a greater effect than cash. A recent study demonstrated that that travel and merchandise incentives are more attractive to employees and investors than financial incentives. In the merchandise category we have…

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