Without a Foundation of Research, Product Development Falls Apart

Think about some of your favorite products of all time. Maybe it’s your new pair of noise-canceling headphones. Maybe it’s a favorite skin care product, or a pair of really well-designed insoles for your running shoes. Or maybe it’s a particularly amazing project management app a colleague told you about. Now, think about WHY those…

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How to Train Your New Employees with Microlearning

According to a 2016 study, more than 40% of employees quit within the first six months of starting a new job. While a big reason for this is the disconnect that exists between their expectation and reality, the study also found that at least four out of ten employees felt actively disengaged at work. Training…

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4 Business Changing Lessons I Learned from a Day with Mohnish Pabrai

The annual Pabrai investment funds meeting in Aliso Viejo, California, began with a 12.6-mile bike ride around beautiful Newport Bay. So I rented myself a bike, and arrived at Starbucks ready to mingle with my fellow riders. We were about to meet the man responsible for this expedition, and most of Pabrai’s investments. Arguably one…

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3 Easy Ways to Educate Your Employees While They Work

Training is one of the most critical areas to funnel resources into for your business. Giving people the training, skills, and information they need to be successful in their jobs is crucial to the long-term success of your business. Go2HR reports, “A recent survey indicates that 40 percent of employees who receive poor job training…

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10 Strategies for Rebounding from Startup Failures

If you can’t deal with failure, then the entrepreneur lifestyle is not for you. Don’t believe that urban myth that all you need is a good idea, a little fun work, and the money will start rolling in. When you are pushing the limits, nobody gets it right the first time, or even maybe the…

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3 Books That Will Inspire You to Create Success Habits

I sometimes feel guilty when I shouldn’t. And it also happens when I spend time reading books. The challenge is that because I enjoy reading so much that it doesn’t seem like I am doing work. And the work ethic that drives most of us is so strong that stealing time to read can sometimes…

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Mentors, and Barbara Corcoran’s Surprising Tweet

While on Twitter recently this tweet appeared in my timeline by former real estate magnate, now “Shark” investor on ABC’s Shark Tank, Barbara Corcoran: “Mentors are over-rated. I’ve been a mentor to more than 70 businesses I’ve invested in on Shark Tank, and the most successful listen and then do what they please.” I retweeted along with…

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5 Ways Small Business Owners Can Benefit from Going Back to School

Many small business owners want to advance their education, but question whether they can find time to return to school. Weighing these factors is quite challenging. The entrepreneurs have countless personal and business responsibilities. Despite this fact, they are aware that devoting time to an advanced degree can give them a competitive edge in a…

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The Benefits of Mentorship and What It Can Mean for You

In the early days of my career, I wasn’t enthusiastic about structured mentoring programs. I appreciated the advice given to me by more experienced co-workers and managers and was happy to help my peers when I had the time, but formal mentoring seemed to be taking it a step too far. What could it give…

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