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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
Raises and bonuses- sharing a recovery
Your business is starting to recover. You are again profitable. If you were smart and agile, you remained profitable or perhaps even increased margins during the downturn by being “lean and mean.” One advantage of a financial recession is that … Continue reading
Posted in Management
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“Intuitive” Doesn’t Work for Organization
Apple Computer has become the most valuable company on the planet by making products that are “intuitive.” Most Apple fans brag that you don’t even need a user’s manual to get started on their products. Intuitive is a relative term. … Continue reading
Posted in Leadership, Management
Tagged business planning, employees, management, small business advice
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The Man (or Woman) Who Knew Too Much
Most businesses need salespeople. Most salespeople need to know what they are selling. This leaves many owners on the proverbial horns of a dilemma. Should they hire a great salesperson and teach him the business, or should they take someone who … Continue reading
Posted in Management, Marketing and Sales
Tagged business ownership, employees, marketing, sales, sales management, small business advice
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Leadership vs. Management
What is the difference between a leader and a manager? We talk a lot about managing employees, but no amount of management will direct employees who don’t know what they are supposed to be doing. Simon Sinek on TED.com talks about the … Continue reading
Posted in Entrepreneurship, Leadership, Management
Tagged entrepreneurs, leadership, management
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Performance Reviews- Best Practices
Performance reviews are a pain. In my nearly 40 years in business they have always generated the same complaints. Managers hate to do them. As a consequence, they are frequently over due. They provide the employee with little information on … Continue reading
Posted in Entrepreneurship, Leadership, Management
Tagged business ownership, employees, entrepreneurship, leadership, management, small business advice
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