Posts

The Value of Good Stress

Your pulse quickens, your palms start sweating, and your breathing becomes difficult. We’re all familiar with the symptoms of stress, and for many professionals, stress is a common side effect of balancing a busy work schedule with the obligations of family life. While high levels of stress can be a cause for concern, it’s also possible ...
/by

Overhead Expenses: What They Are, How to Track Them, and Top Strategies for Managing Them

As a small business owner, managing your organization’s finances is one of your key responsibilities, including meeting your business’ financial obligations. These obligations include the ongoing expenses related to your day-to-day operations. These costs are known as overhead expenses and represent the true cost of running your business. At Catalyst Group ECR, we often see business owners ...
/0 Comments/by

 6 Traits of a Growth-Minded Leader

When Carol Dweck’s team studied the differences between companies and the predominant mindset of that business’s leadership, the results were nearly unanimous. A Harvard Business Review article summarizes them nicely:  “…Employees at companies with a fixed mindset often said that just a small handful of ‘star’ workers were highly valued. The employees who reported this were ...
/0 Comments/by

Growth Mindset vs. Fixed Mindset: What Would You Do?

,
If being a leader was an easy job, everyone would do it. But it’s not.  Whether heading a team of 10 or 100, being a leader is incredibly challenging and comes with a boatload of responsibilities. How you handle them determines how much potential your organization has to grow– even in the face of market slumps, ...
/0 Comments/by

30 Growth Mindset Quotes to Inspire You in 2024

,
“Growth mindset” is a term coined by American psychologist Carol Dweck in her book Mindset: The New Psychology of Success. In it, she compiles her decades of research and insights to explore how the way we think about the moldability of our talents and abilities can transform the way that we approach challenges and opportunities ...
/0 Comments/by

Quiz: Are You on the Path to Becoming a Successful Entrepreneur?

Section I: Leadership Skills Being a leader and being a successful entrepreneur go hand-in-hand. Without a strong sense of leadership, you’ll find it impossible to steer your venture and your employees toward your vision for the future. As you answer these questions, think about how you’ve been handling both your business and your team.  Question 1: How ...
/0 Comments/by

A Guide to the OODA Loop for Decision Making

,
Being a business leader is not for the faint of heart. It’s a position marked by constant, high-stakes change and complex decision-making. The right decisions could propel a business forward, while a misstep can lead to setbacks or even the prospect of shutting up shop. It’s no wonder leaders want frameworks they can rely on ...
/0 Comments/by

4 Creative Small Business Customer Retention Strategies

Did you know that acquiring a new customer can cost up to five times more than retaining an existing one? Or that increasing customer retention rates by just 5% can increase profits by 25% to 95%? While bringing in new faces is always exciting, it pays to remember the people who’ve already bought into what you’re ...
/0 Comments/by

How to Hire the Right Business Coach

“The wise man doesn’t know all the answers, but he knows where to find them.” – Anonymous. Despite the tendency to picture a successful business owner as an entirely self-reliant powerhouse capable of handling any hurdle life throws at them, the smartest among us often turn to external experts for insights and guidance we can’t tap ...
/0 Comments/by

A Case for the Curious Workplace

Curiosity killed the cat, they say, but fortunately, you’re no feline.  More and more, business leaders are seeing the value of having a curious workplace for themselves and their employees. Curiosity fuels success in ways we’ve never seen before as leaders tap into their insatiable thirst to know, do, and be more. However, there is still some ...
/0 Comments/by