Avoid This Negative Trait When in a Leadership Position
To Sun Tzu, the Chinese grand strategist of Art of War fame, the ability to subjugate the enemy without battle was the pinnacle of generalship. Think about that for a moment — winning without a fight. Is that even possible? If you’re a Type A person who has recently...
3 Things Every Business Needs To Be Organized
When it comes to organizing your business, it takes a lot more than just putting stacks of paper in a pile. You need to have systems and procedures in place for every area of your business. Here are three things that every business needs to be organized. 1. Proper...
4 Effective Ways to Manage Your Company’s Overhead
When it comes to running any type of business, waste of any type is the antithesis of smart practices. When this waste is in relation to the cost of operations, it is extra sensitive. Every type of business is going to have some overhead costs, but this can quickly...
What to Look for When Hiring a Consultant
Business consultants can help your company solve problems you can’t tackle on your own, or offer a brand new perspective by bringing their unique expertise to the table. Whether you need help starting a new business, are looking to expand into a new market, or need a...
How to Write an Effective Mission Statement for Your Business
Effective mission statements embraced by successful companies across the globe range from incredibly dull to wildly inspiring — but they all have something in common. Effective mission statements tell the world, which includes everyone from potential customers to...
These are The 4 Types of leadership
When it comes to styles of leadership, there are four main categories. These four categories are Autocratic, Democratic, Laissez-Faire, and Paternalistic. Autocratic leaders will centralize decision making and power. He assigns duties and tasks and gives orders...
Why You Should Share Your Business’s Vision
Every business owner has a vision for their business. Whether that’s just to make a living for themselves, or to create a big and lasting impact on the world in some way, clarifying your vision is important to the success of your business. Once you have a clear idea...
How to Grow Your Business: Cutting Costs vs. Increasing Revenue
The basic idea of having a profitable business is to have more revenue than cost. That’s the equation for profit after all: revenue – cost = profit. The difficult part of that equation is trying to increase your revenue and cut costs to maximize your profit. But...
What is a KPI?
You don’t have to go to business school to hear the term KPI thrown around like it’s the acronym of the century. But what is a KPI, and why is it so seemingly important? A KPI is defined as a Key Performance Indicator is a measurement of business performance. Defining...
Great People Make Great Businesses: Hiring and Recognizing Talent
One aspect of the EOS Model is "People." By surrounding yourself with great people from the top position of your company to the lower ranks and entry level positions, you can achieve success and fulfill your business’s vision. The key to getting great people is to...