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As a business owner, you know what it’s like to lie awake at 2 a.m. Maybe it has happened when you are excited and full of new ideas for your business. More often, it’s because you are worried about issues you will face the next day. Sometimes, it’s because you just woke up with the solution to a problem. I’ve experienced all those emotions about my businesses over the years. Awake at 2 o’clock? is where I share them with you, and hopefully help with answers that will let you sleep.
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Category Archives: Management
Santa Boss: The Role of a Business Owner
Ebenezer Scrooge was visited by three ghosts, so it’s fitting that I tackle the issue of the holidays three times. We’ve discussed terminations close to the holidays, and the custom of dispensing year-end bonuses. But in the end Dicken’s Scrooge was … Continue reading
Posted in Entrepreneurship, Leadership, Management
Tagged Ayn Rand, business ownership, employees, entrepreneurship, leadership, small business advice
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Year End Bonuses: Incentive or Entitlement?
It’s time for our annual discussion of the Holiday bonus.I pine for the days of my spiritual ancestor Ebenezer, who was offended at the expectation that he would pay Cratchit a whole day’s wages without receiving any work in return. One year … Continue reading
Posted in Leadership, Management
Tagged business ownership, employee performance, employees, management
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Holiday Terminations: Scrooge or Chicken?
This year, my first holiday termination conversation came on November 20th; a bit early in the season. Like traditionalists who hold off on Christmas decorations until after Thanksgiving Day, most business owners start avoiding termination announcements a few weeks before the holidays.With the Great … Continue reading
Posted in Management
Tagged business ownership, employees, entrepreneurship, leadership, small business advice
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Employee Confidentiality: Circles Within Circles
The father of a friend, a rancher in South Texas, conveys confidential information by preceding it with the following caution. “Now I’m going to tell you a secret, and you have to swear not to tell another soul. And when … Continue reading
Employee Motivation: The Effect of the Economy
In 1979, President Jimmy Carter delivered his “Crisis of Confidence” speech, commonly referred to as his “Malaise Speech” although he never actually used that word. To a country reeling from stagflation and an oil crisis, it was an additional blow to … Continue reading
Posted in Leadership, Management, Thoughts and Opinions
Tagged business ownership, economy, employee performance, employees, politics, recession
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