Six Steps to Effective Delegation To delegate effectively in your work with others, there are six steps that you can take. If you neglect any one of these steps, you run the risk of misunderstanding, demoralization, and poor performance. Step 1: Match the Person to the Job One of the great time wasters in the…
Over the years, exhaustive research has been done on top teams. There seem to be given characteristics or qualities of peak-performance teams that you can incorporate into your own business. Here they are:
3 Surprising Reasons To Offer A Subscription You can now buy a subscription for everything from dog treats to razor blades. Music subscription services are booming as our appetite to buy tracks is replaced by our willingness to rent access to them. Starbucks now even offers coffee on subscription. Why are so many companies leveraging…
How To Interview Effectively Most executives have never been taught how to properly interview for a position. Fortunately, the most effective interviewing process is quite simple, as long as you can discipline yourself to learn it and then follow it. Don’t Start Selling Until You Have Decided to Buy In other words, resist the temptation…
Will your business be more valuable this time next year? The Christmas Holidays are a time of refocus and resolutions. It’s a time to reflect on last year’s achievements and to set goals for the year ahead Some people will set personal goals like running a marathon or quitting a bad habit. Most company owners…
The Hierarchy of Recurring Revenue One of the biggest factors in determining the value of your company is the extent to which a “Buyer” can see where your sales will come from in the future.
There are ten critical areas where your ability to think largely determines the success or failure of your business. The greater clarity you have in each of these areas, the better decisions you will make and better results you will achieve.
There is a strong likelihood that the things you do best are those for which you would pay another person your hourly rate. Another way of stating this is, “delegate any tasks that can be performed by a person earning less than your hourly rate-or your desired hourly rate.”
On a flight, when your plane takes off, the pilot tells all the passengers to stay in their seats with their seat-belts buckled. In many cases, the pilot will say, “We expect a certain amount of turbulence for the first part of the flight, so please stay buckled up.”
