“Retaining a Family’s Shared Goals” Father/daughter team prepares for a changing of the guard; secures employee, customer loyalty. Many entrepreneurs dream of passing their successful business through the family, but it often becomes a nightmare of conflicting expectations and employee reactions. Through trial and error, love and persistence, Frank Burgess installed his daughter, Nancy Chabot, into a leadership position at…
“Your first partnership is with your own conscience, so evaluate yourself often.” — Ed Lowe
Stuck at $2 million in sales, Jay Goltz decides to ‘delegate, not regulate’ to create a masterpiece.
Don’t let pride get in your way: Bridge knowledge gaps. One of the biggest growth barriers that business owners face has nothing to do with weak sales, sloppy strategic planning or lackluster personnel. It’s a psychological hurdle: knowing what you don’t know.The ability to recognize holes in your knowledge — and find ways.
“Don’t Let Flooding Be Your Waterloo” Flooding is the sixth most costly cause of commercial property damage, reports FM Global, an insurance organization specializing in property loss prevention and control. On average, a business could face a gross loss of nearly $1 million as the result of flooding. And no area is completely safe.FM Global offers five tips to stay…
[vc_row full_width=”” parallax=”” parallax_image=””][vc_column width=”1/2″][vc_column_text] Think back to when you launched your business. I doubt whether you dashed out and did it on a whim. You probably considered and reconsidered a million different areas: your product or service, your market, your competition, how to get money and what could go wrong. Some entrepreneurs’ think that this reflective time ends after…
“Possessing Your Power — A Series on Getting What You Want” Oftentimes, the seed of power is self-esteem. This document analyzes power and the psychological forces that can add or detract from it. Practical advice on bolstering your self-esteem and feelings of empowerment is dispensed. Power isn’t something we think about each moment of the day. In fact, it probably…
“Your Move — What Will It Take to Open Your Eyes?” Avoiding blind spots by changing expectations. When my father died earlier this year, I was surprised by some important facts at precisely the time I could do nothing with them. That’s not a good place to be, in business or in life.My father lived in a nursing home, suffering…
For decades, Juan Manuel Garcia-Passalacqua — Harvard Law School graduate, adviser in the Carter White House, mild-mannered professor — advocated Puerto Rican sovereignty via traditional channels: “I achieved nothing,” he says.Then the 65-year-old grandfather created and began to host a talk-radio show on the topic so crude and foul-mouthed that even his wife won’t tune in. Using the vernacular of…
“Management by ‘Storying Around’” David Armstrong takes a novel approach to communication. In the late ’80s, David Armstrong, COO of Armstrong International, began to worry if bigger was necessarily better.Armstrong International, Three Rivers, Mich., produces traps, pressure valves, condensate pumps, humidifiers and transfer coils, with annual sales exceeding $100 million. Armstrong’s concern about the double-edge sword of growth began a…