This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
by Deb Boelkes, author of “ Heartfelt Leadership: How to Capture the Top Spot and Keep on Soaring “ Happy employees are the best kind. This could tempt leaders to think that employees are lucky to have a job at all. It’s more important than ever for employees to know you care about their happiness.
People who have been followers too long as an employee don’t realize how hard it is to be a leader. Every new entrepreneur has to initiate the right actions to be perceived as a leader in their chosen business domain by their team and by their customers, or the road to success and satisfaction will be lost along the way.
I hear too often from business owners and entrepreneurs that they are bombarded by so many requests and problems, that they have trouble sorting out the daily crises from opportunities with a major payback for the business. Be sure to take the time yourself to keep up with leadership trends and needs. Nothing can be a higher priority.
New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. I saw a good summary of these in the classic book, “ Ethical Leadership ,” by Andrew Leigh, an expert in this area. The reality is different.
The most valuable assets of a new startup are the people on the team, and the most challenging task of the entrepreneur and team leaders is to spend their leadership time and energy productively. Most new startup founders start out by assuming they need to spread their leadership efforts evenly across all team members.
People who have been followers too long as an employee don’t realize how hard it is to be a leader. Every new entrepreneur has to initiate the right actions to be perceived as a leader in their chosen business domain by their team and by their customers, or the road to success and satisfaction will be lost along the way.
Every new business I know dreams of building momentum in their business, where growth continues to increase, customers become your best advocates, and employee motivation is high. It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals.
Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. Most entrepreneurs work long hours and weekends to get the job done. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk.
The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public. In the investment community, these leadership elements are often called “goodwill.” Execution leadership. Leadership brand development.
Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Subjectively measuring employee engagement. With data and analytics, you can gauge employee engagement accurately.
In the economy which is driven by consumer demand, business leaders can dig their own grave by laying off workers, as in laying off employees, means weakening the purchasing power of the consumers. So even if we see the whole pandemic from the economic lens, it would not be wise for the businesses to lay off employees on such a large scale.
We interviewed Mr. Abraham Gin, an entrepreneur, business coach, and CEO of Gin Consulting Group , which provides unique leadership development and training platforms. Abraham serves his clients with both forward-looking business growth strategy and digital marketing through leadership applications partners.
The key elements of leadership in a company, both individual and organizational, are less tangible, but very critical in setting a market value for investment, acquisition, or going public. In the investment community, these leadership elements are often called “goodwill.” Execution leadership. Leadership brand development.
It seems inherent in the mind of most first-time entrepreneurs that it was their idea, and they must do all the work themselves to make it happen. I saw this challenge highlighted well in a new book, “ Leadership Skills that Inspire Incredible Results ,” by Fred Halstead. You can’t afford the delay.
One of the things I’ve learned in working with aspiring entrepreneurs is that managing and leading a team is a scary venture into the unknown for many people, even if they have worked as a business professional for years. As an entrepreneur, executive, or team member, you are most impacted by the people you gather around you.
To match pace with rapidly changing technology and strengthen a position in the marketplace, entrepreneurs cannot just rely on the typical qualifications. Entrepreneurs are the captain of a ship, so they have to lead from the front. It will help you encourage your employees and get the most out of them. Leadership Skills.
Every startup lucky enough to get some traction gets to the point where they decide to hire some “regular employees” for sales, marketing, and administrative tasks. What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. Employees will lose focus on their work.”
To complement local face-to-face networking, you can always use one of the many online matchmaking sites that have sprung up in the last few years, like CoFoundersLab and Startbee (think eHarmony™ for entrepreneurs, or Match.com meets LinkedIn). Provide effective leadership. There are several books written on this subject.
You’ve come up with a brilliant business idea, and you’re ready to get started as a brand-new entrepreneur. Are you a Necessity Entrepreneur? Necessity Entrepreneurs Build Exceptional Businesses. Necessity Entrepreneurs are uniquely equipped to build exceptional businesses and inspire meaningful change in their industries.
Every startup lucky enough to get some traction gets to the point where they decide to hire some “regular employees” for sales, marketing, and administrative tasks. What they should be doing is hiring only “entrepreneurs,” meaning people who think and act as if this is their own business. Employees will lose focus on their work.”
by Deb Boelkes, author of “ Heartfelt Leadership: How to Capture the Top Spot and Keep on Soaring “ A couple months ago, a crisis hit the world — one that changed almost everything about how companies operate. Were you patient as employees struggled to balance their newly remote jobs with home schooling and child care?
Employees are the backbone of any organization, and their expectations from their employers can have a significant impact on their job satisfaction and overall productivity. To do this, companies need to understand what employees expect from them. To do this, companies need to understand what employees expect from them.
One of the things I’ve learned in working with aspiring entrepreneurs is that managing and leading a team is a scary venture into the unknown for many people, even if they have worked as a business professional for years. As an entrepreneur, executive, or team member, you are most impacted by the people you gather around you.
But cash gifts aside, there are plenty of other ways to show your employees that you appreciate their hard work, creativity, and dedication during the season of giving. ” One of the greatest gifts you can give employees is building a culture so great that they can’t imagine working any place else. WOW them with some grace.
Some of the most common innovation myths that Barbee mentions or I have encountered in my work with entrepreneurs around the world include the following: True innovation can only come from R&D and geniuses. It’s impossible to innovate in a staid complacent culture. Innovations come from people, not culture.
Thus it behooves every entrepreneur to start watching these things more carefully from the very start. This business phase is where every entrepreneur starts. A particularly critical moment is when the founders hand over the leadership to a more managerial regime. Consider MySpace and Webvan. Geographic expansion.
Even after many years mentoring entrepreneurs and advising businesses, I continue to be surprised by the primary focus on products and processes, and the often incidental attention to hiring and nurturing the right people. Subjectively measuring employee engagement. With data and analytics, you can gauge employee engagement accurately.
In the past, working remotely was considered “normal” for entrepreneurs or independent contractors in the gig economy only, but organizations wanted employees, and consultants, to be onsite and working in the office. Employees clearly want and enjoy the flexibility. This greatly narrowed the talent pool. It’s a win-win.
Very few entrepreneurs have the range of skills and experience to be the solution creator as well as business creator, or operational as well as sales leader. Most entrepreneurs work long hours and weekends to get the job done. The challenge is to recognize and recruit that ideal partner match early with minimal cost and risk.
Too many entrepreneurs I know still believe that that their great idea will carry the startup, and they may even minimize their own value, especially if they have introvert tendencies. Yet most investors agree that the “idea” is worth nothing alone, and it’s the entrepreneur execution that counts.
Traffic from a trusted site like Wikipedia to your website can be powerful in developing new business, attracting employees, forging business partnerships, and building a customer base. This should be all you need to convince your leadership team that inclusion is advantageous. Why your organization needs to care about Wikipedia.
We asked entrepreneurs and business owners about the tough lessons they have learned in 2022. #1- 1- Focus on employee well-being Photo Credit: Dr. Joyce Kahng As the digital age continues to evolve, the well-being of employees should remain at the forefront. Thanks to Thomas Niemczewski, Dream Chasers !
As an advisor to business owners, and an occasional angel investor, my job is to separate the actual challenges from the common misconceptions that distract many promising entrepreneurs while building the leadership team required for your solution, marketing, and finance success. Sharing your business ownership increases the risk.
New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. I saw a good summary of these in a classic book, “ Ethical Leadership ,” by Andrew Leigh, an expert in this area. The reality is different.
We asked entrepreneurs and business owners how they deal with economic uncertainty and here are the responses. #1- In a recession, some businesses may lay off talented employees. However, one area that businesses cannot afford to divest from is their own employees. This is a chance for us to be aggressive while others pull back.
Often entrepreneurs and business owners create their New Year’s Resolutions around their business. We asked entrepreneurs to share their biggest goals and what they were looking forward to in 2021. #1- Our employees are the most valuable parts of our business, and investing in them helps to get their best selves working.
by Deb Boelkes, author of “ Heartfelt Leadership: How to Capture the Top Spot and Keep on Soaring “ In March, the world suffered a huge shock. Obviously, this is a grim prospect for employees. But it’s also hard on leaders who struggle to deliver the news kindly to employees who may be increasingly fragile.
Studies have found that employee turnover results in businesses losing over $1 trillion annually. This staggering number can affect your company’s bottom line, but by providing the right incentives, you can decrease the cost of poor employee retention. Human nature is to improve and feel valued.
Here you can learn some areas to focus on and what to consider as a new entrepreneur. Focusing on Customer Satisfaction As an entrepreneur, you’ll want to make sure you’re making your customers a top priority. Developing Your Leadership Skills You’re the boss and person in charge as an entrepreneur.
One of the things I’ve learned in working with aspiring entrepreneurs is that managing and leading a team is a scary venture into the unknown for many people, even if they have worked as a business professional for years. As an entrepreneur, executive, or team member, you are most impacted by the people you gather around you.
Whether you are a business professional in a big company, or an entrepreneur with a startup, innovation is a key strategy. To be successful, and leave a positive legacy, you need a team of motivated employees and loyal customers. Everyone has ideas, but only a few can make them happen.
By adopting simplicity as part of your leadership framework, you can improve practice performance without adding more complexity to your employees lives. Your companys vision Its not possible to lead with simplicity until your employees know where the company is going and how you plan to get there.
Accomplished entrepreneurs often pride themselves on being able to spot a gap in the market from a mile away. If the communication with your employees is confined to little more than a regular Zoom meeting or the occasional email chain, there are still many aspects of management and leadership that need to be addressed.
But I recommend entrepreneurs and prospective business builders consider the Agency Builder model. So an entrepreneur forming a startup studio benefits from having experience in the industry sector they hope to serve. Following the digital agency model for a startup, studio offers significant advantages to entrepreneurs.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content