Good business habits will position your business for incredible growth and success. But, the opposite is also true - bad business habits will make incredibly frustrating and position your business for failure.
All business people have a ‘to do’ list either written down or in their head. But where does that list come from? Is it longer at the end of the day than at the beginning of the day?
I realized how important this was when trying, often unsuccessfully, to hire salespeople for my growing wholesale record business.
Brainstorming takes skill and patience. It’s the process of sorting from the many to the few without getting bogged down in the solutions.
Have you ever had a really bad employee in your company or on your team? An employee who doesn’t carry their weight, distracts coworkers, or has a poor attitude?
In my companies, I replaced annual reviews with regular evaluations. I conducted weekly reviews with my direct reports and bi-weekly ones with other managers and key employees.
Imagine a galley on a Roman ship in the Mediterranean with 100 oarsmen. Do you want them all to be strong, or do you want them all to put their oars in the water at the same time?
Hiring the right employee is one of the most important parts of running a successful business. It’s also one of the most problematic areas for small businesses.