These are The 4 Types of leadership

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

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...

What is a KPI?

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...

How to Create an Efficient Company

How to Create an Efficient Company

Companies that operate at low efficiency are never going to grow as quickly as a business that has perfected high efficiency. Working twice as hard is never as good as working twice as smart. While personal efficiency is an easier concept to tackle and improve,...

Vision vs. Mission: What is the Difference?

Vision vs. Mission: What is the Difference?

At M1 Core Traction, we use EOS®, the Entrepreneurial Operating System®, to help your business bring its vision to life. But what is your company’s vision? When writing your business plan, you probably had to outline a vision statement and a mission statement. But...