Blog

Signs It’s Time to Sell Your Small Business

Business owners and entrepreneurs have an undeniable sticktoitiveness that can help them hang on through adversity and come out better than ever on the other side. Unfortunately, that tenacity can also lead to dragging your feet despite clear signs that it’s time to sell your small business.  While the decision can be heartwrenching, recognizing that it’s ...

5 TED Talks for Small Business Owners

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Need a little inspiration to get you through a mid-year slump? Want a reminder of why you started your small business in the first place? We’ve gathered up 5 of our favorite TED Talks for small business owners. Their short length and powerful impact are perfect for squeezing into your busy day and reaffirming your ...

The Top 8 Most In-Demand Soft Skills to Increase Business Value

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Last week, we looked at a case study to explore why hiring for in-demand soft skills is often the better decision when comparing two similar candidates.  Forward-thinking business owners know that increasing the value of their business today is the key to a successful and fulfilling exit tomorrow. What they may not be aware of is the ...

Should You Hire for Hard Skills or Soft Skills?

The 2019 LinkedIn Global Talent Trends Report found that a staggering 92% of talent and hiring managers believe that soft skills matter as much as or more than hard skills.  A further 89% agree that “bad hires” fail because they lack the soft skills to succeed professionally.  As you work towards building an exit strategy, one of ...

Exit Planning is a Business Strategy: Interview with Business Innovators Magazine

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I recently had the opportunity to sit down with Business Innovators Magazine’s Mark Imperial.  Our conversation gave me the opportunity to share why having a transition plan – something we know is important but not urgent to a Business Owner – is simply a smart business strategy.   Because of my own experience in transitioning by selling my ...

Healthy Boundaries Make for a Happier Workplace

In the not too distant past,  American work culture centered around “above and beyond”– Going above and beyond your job description, work hours, responsibilities, and your own mental, physical, and emotional capacities. Employees and executives did much of this to be seen as hardworking, diligent, and driven individuals willing to do anything for the business’s ...

The 6 Key Elements of Strategic Thinking Skills

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When you hear the word strategy, what kind of person comes to mind? I always imagine a master chess player for several reasons: They spent years practicing, winning, failing, researching, and reflecting to hone their skills. Each game they played on their journey, whether they emerged the champion or not, was a new opportunity to take risks ...

This Could Have Been an Email: Leading Purposeful Meetings in an Overbooked Workplace

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Business meetings are an inevitability. Whether held virtually or in person, there are times when it is absolutely necessary for a group to sit down together for a discussion. But are you leading purposeful meetings? Yet, there are many times when executives and lower-level employees alike find themselves asking, “Couldn’t this have been an email?” A survey conducted ...

Leadership Skills: Providing Purposeful, Actionable Employee Feedback

A huge function of leadership in the workplace is providing employee feedback, yet for many, it continues to feel less like a tool to encourage excellency and more like a minefield to navigate as infrequently as possible.  If you fall in the latter category, you would likely cite fear of a negative response or lack of ...

Small Business Succession Planning: Key Considerations

Small business succession planning is crucial to ensure that your life’s work continues to thrive once you’ve left the helm.  Yet, according to a recent article, an estimated 75-80% of small businesses lack a roadmap for what happens after the current owner is ready to move to the next phase.  4 Key Considerations for Small Business Succession ...