Business owners and managers sometimes feel as though they’re being “held hostage” by one or more team members who play key roles in operations. Owners and managers believe these individuals possess sensitive information; perform vital functions; and letting them go or, in fact, taking any action that might upset them would leave the company in […]
In my previous column, I illuminated 12 primary ways people sabotage their listening, the downside of doing so and some of the major benefits of learning to listen with integrity. I suggested that listening effectively to others offers the most fundamental and powerful communication tool of all. Building the powerful habit of truly listening is […]
Not truly listening to others and ineffective communication often lead to dysfunctional businesses, disgruntled team members, unsatisfied clients, failed marriages, disassociation with loved ones, frustration and anger, to name only a few. In fact, ineffective communication constitutes the largest obstacle to any successful relationship, and it all begins with listening. Here are some important questions […]
All businesses experience turnover for a variety of reasons and endure very real costs associated with finding, training and developing new team members. Wise business owners endeavor to reduce the high costs of turnover and maximize their return on investment with new hires. Extensive studies have estimated the cost of turnover to range from several […]
Human potential expands or becomes static depending upon whether or not it receives the stimulation it needs to grow and develop. The phrases “I’m in a rut” and “I’m stuck” are born of an individual’s languishing potential. Business owners, team members and business themselves get in ruts, too, and this must be overcome if they’re […]
A widely held belief in business is that success is the result of selling as many products or services as possible to as many consumers as possible at the highest price possible to make as much money as possible. When followed, though, this limited view of success leaves everyone involved feeling used, taken advantage of, […]
Change is a constant in life and business. It occurs on a regular basis whether we want it to or not. Business environments change, economies change, team dynamics change, relationships change, the weather changes and so on. Life in general is about change. But if we habitually resist change, we limit the potential of all […]
As an owner, you’re the foundation of your business. The more inspired and invigorated you are, the stronger your company will be. Conversely, when you become worn down, your business suffers because you don’t have the mental energy and clarity needed to be the caliber of leader necessary to create the level of success you […]
If you’ve been a business owner for any length of time, you probably understand the harm a lack of trust and loyalty can have on the success of your operation and overall happiness. Conversely, you no doubt recognize the tremendous benefits trusting and loyal team members bring to you and your customers. Trust and loyalty […]
If you want your experience as a business owner to be more enjoyable and rewarding — and your company to be increasingly successful — it’s imperative you consistently work toward building and maintaining a dynamic and powerful team. Do you want to derive more joy from owning and running your business? Are you interested in […]