Virtual teams, or flexible work, is one of the biggest drivers of transformation in the workplace according to a forecast of employment trends by the World Economic Forum. Because of this, today’s leaders will need to figure out how to most effectively manage their remote teams to ensure that the level of productivity and...
How familiar are you with the concept of subscription businesses? Many entrepreneurs are unaware of this intriguing lifestyle business example, that has experienced some significant growth as well. This perfect tongue twister (if you don’t believe me, try repeating the words “subscription business” as fast as possible for 4-5 times) also represents a rapidly...
Establishing your own business is an enthralling experience, wherein you can make your own rules, and unleash your full potential towards your own idea. Many people are lured by the idea of starting a business, but there are certain pitfalls that you need to overcome. Starting a new business requires careful planning and practicality, among...
The best way to test your company’s preparedness for succession is to take unplug and delegate. Go on a vacation somewhere with poor or non-existent cell-phone service. If some of your operations prove themselves shaky while you’re away, you’ll get a good picture of where improvement is needed. More likely, though, you’ll discover that...
For those of you who are fans of Steve Harvey’s Funderdome, you’ll probably know who my next interview is. For those of you who aren’t, let me introduce you to Joe Pippins, the founder of The Fishing Caddy and a recent winner of Funderdome’s $20,000 grand prize. Pippins’ story is a truly inspirational one and...
While digital marketing elements like video content and influencer marketing are getting a lot of buzz these days, ultimately, building trust remains a crucial element for brands to elicit the engagement they aspire for. This is why tapping micro-influencers, with their smaller number of followers but higher rates of engagement are on the rise. But...
The strategy for acquiring genuine customer reviews is one of the biggest head scratchers in retail. Businesses have struggled for years to crack the code on how to gather customer input without alienating buyers with pushy emails and offers bordering on bribery. This issue begs the question: What factors motivate people to leave reviews?...
A Democrat walks into an office full of Republicans…sounds like it could be the beginning of a joke, right? Well, joke or not, situations like this occur in our workplaces all the time. You might be the only democrat or republican in your office and feel ostracized because of it. Or perhaps you work...
More often than not, when a business function becomes a distraction from an organization’s core business, entrepreneurs and business managers often ask the question: “Should we outsource it?” This is a question that mostly applies to your non-core business functions such as data entry, email handling, document processing, IT services, accounting, payroll etc. However, making the...
For many, cyber breaches are considered to be the big bad wolf. Do a quick Google search for “business security” and you’ll find endless lists of how-to articles that plot out steps for evading hackers and preventing data breeches. And while digital security measures matter for small businesses, physical security threats can just as...
