Over the last few months, a business that I’ve frequented for more than a year has started showing signs that it’s having difficulties. Does your business show signs like that?
Management problem: Allowing any critical system to have a single point of failure, whether the failure involves people, technology, or the owner’s health.
Brain drain can create nightmares for small businesses as well, but you don’t need massive processes and expensive tools to tackle it.
How much of what your company does absolutely MUST be done by you? How many hours a week do you spend doing those things? What if you could do 10-20 more hours of that per month. After a few months, what if you refined that new ability three or four times? Think hard about that. […]
When you’re asked about selling your company, it’s often unprovoked. You haven’t listed it or said you’re ready to retire. “I’m not ready”, you might think.
Several times over the last month or so, I’ve suggested refocusing on important work. I’ve suggested paying attention to long-procrastinated tasks. There’s high value in moving on to bigger things and relieving your mind of the self-persecution of procrastination. All of this tends to demand that you do four things: Prioritize. Delegate. Outsource. Focus. We’ve […]
A good bit of what we discuss here relates to day-to-day operations. While a lot of operations probably seems simple and obvious, it’s the number one issue I see in companies. I suspect you’ve experienced, owned or worked at a company whose operations are a disorganized mess. Common problems shouldn’t be common at all, right? […]
Politics and work – do they mix well? As political communication seems to approach something resembling “say nothing or go psycho“, politics can become tougher at work. I love intelligent conversations with people I don’t (and do) agree with. But finger poking, red-faced, screaming rants? I’m gone. I’d rather watch hot dogs being made. That […]
Choose stretch goals carefully. Exceeding “redline” too long will cause damage to engines, people, relationships & before long, your company.
Delegate once you’ve hired. Let them prove they can handle the work you hired them for. Leverage the time gained on the work you’re best at.