No manager sets out to sabotage their own team, but plenty do it anyway without realizing it. Unnecessary meetings, unclear communication, and information overload can all wear employees down over time. Worse still, there are three specific behaviors that will reliably exhaust and infuriate even your best people — and you’re probably guilty of at least one.
Every experienced financial advisor tells clients to buy when the market is down — yet most business owners freeze up instead of seizing the same opportunity in their own companies. Economic downturns create openings that simply don’t exist in normal times, from cheaper real estate to a deeper talent pool. Here are three reasons now might be exactly the right moment to grow.
If you’ve built a successful business over many years, an uncertain economy might have you wondering whether now is the time to cash out. Selling during a downturn certainly comes with challenges — fewer buyers, tighter credit, more caution all around. But it also comes with some surprising advantages you may not have considered. Here’s what to weigh before you decide.
Pandemics and natural disasters are rare, but pretending they can’t happen again is just asking for trouble. When you have a plan in place before the next disruption hits, you’re far less likely to panic and make the kind of rushed decisions that make bad situations worse. Here’s how to get your business ready now, while you actually have the time to do it.
“You’re not responsible for the irresponsibility of others” is great advice — unless you’re the one in charge. As a leader, you’re accountable for your team’s actions whether that feels fair or not, and when a team member drops the ball, customers will look to you, not them. Here’s how to deal with an irresponsible employee before it costs you more than you realize.
Businesses are eager to reopen, and customers are just as eager to get back to normal — but reopening the wrong way can backfire fast. Between navigating shifting regulations, gauging public sentiment, and managing employees who aren’t quite ready to return, there’s a lot that can go sideways. Here are three reopening mistakes you’ll want to avoid.
The legend of the Sword of Damocles is a reminder that power always comes with a price — and running a business during a pandemic has made that lesson painfully real. As uncomfortable as this moment is, it’s also a rare chance to teach your kids about the ups and downs of ownership using real, relatable examples. Here are three business lessons worth passing on right now.
There’s one short word that’s about to become your most valuable business tool, and it’s also one of the hardest to say out loud. Entrepreneurs are wired to chase every opportunity that comes their way, but in the months ahead, that instinct could get you into serious trouble. Here’s why learning to say “no” again might be the smartest move you make.
As you reopen your business, the vendors and customers you relied on before might not come back in quite the same way — or might not come back at all. Relationships that once felt solid now need to be carefully rebuilt, and that takes more patience and tact than you might expect. Here’s how to reconnect and re-establish trust after the shutdown.
Working from home for a few weeks is one thing, but when it stretches into months, the novelty wears off fast. Distractions, noise, inadequate equipment, and blurred boundaries can all chip away at your sanity — and your family’s patience. Here are some real, practical strategies to keep everyone sane while you get your work done.