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You Have to Know When to Quit

I recommend you read Nat Eliason‘s piece No More Struggle Porn. He’s attacking one of the more pervasive startup myths around, the idea that the struggle itself, the overwhelming and overpowering struggle that pushes everything else out…

Another Personal Story: Timing is Everything in a Sale

Almost anyone who has sold a company has a story to tell about their good deal, the problems with the buyer, a last-minute change of terms, or more. I have saved this next story until now…

Want to Fully Engage Employees? Use These Proven Strategies

The obvious purpose of strategic planning is to decide what you want to become. The not so obvious purpose is engaging the hearts and minds of every person in the organization to engage in the…

How the Best Tech Companies Implement Employee Empowerment

“Empowering” employees sounds like a phony recruitment tactic. How is a business supposed to make employees feel inspired? It doesn’t seem very realistic. But at its core, employee empowerment is simply the practice of giving employees the…

Selling Your Business? Find the Emotional Buyer

This is one of my favorite insights, since I lived this one in a positive exit from my computer business. Types of business buyers expanded Most people will tell you that there are two kinds…

6 Tips on Effective Decision Making in Business

Cognitive biases affect every decision we make. In the world of business people need to make important choices every day. These choices must be made without delay and have broad consequences. How can we make…

How to Get Your Team on Board with Change

Sometimes, you need to shake up the day-to-day operations of your business. Settings and maintaining goals needs to happen frequently in your business, since you need to adapt to market conditions. This all means you…

10 Advanced Tactics to Eliminate the Communication Gap in Your Business

How do you deal with co-workers in a small business setting? It must be quite challenging to be working in a compact workplace where in just one turn you are face to face with a…

Everything You Do Adds or Reduces Company Value

Each decision you make to commit resources—your money or your use of corporate or personal time—affects the future value of your business. Minor decisions, such as replacing employees who have left the company or replacing equipment…

Company Culture: The Secret to Employee Loyalty

If you’re seeing a high employee turnaround in your business, the problem may have something to do with the workplace environment. People are less likely to stay with an organization if they feel unhappy, pressured,…

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