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It’s easy to say to people on your team that they must be accountable for their actions, but it’s not so easy to tell them how to do it. It’s even harder to give them the mindset of wanting to be accountable. In fact, many business leaders forget that they are the role model for accountability, and Read More

A business lifestyle that continues to gain in popularity these days is being a “social entrepreneur.” In the simplest of terms, these are people who seek to generate “social value”, rather than profits, and use traditional business and professional career principles to provide solutions to social Read More

As a member of an angel investment group, I was disappointed to see innovative new businesses fail to thrive or survive against aggressive related tech giants, particularly in this digital/AI age. I always encouraged them to proactively create a strategy of anticipating this type of competitive thr Read More

According to most authoritative sources, the global economy has been severely impacted by the pandemic that continues to linger. Yet if you wait for an obvious economic bubble before starting your new business, you will be making the same as those who thought during the dot-com bubble, “All I have Read More

As an adviser to small businesses and aspiring founders, I often hear the myth that all new businesses must start with a disruptive idea. I have to disagree. I believe the best new venture founders start by finding a large opportunity, and only then do they use innovative ideas to deliver on that o Read More

Within the new venture realm, there is a big difference between having an innovative product versus an innovative business. Some business ventures have a new technology, but stick to a tried-and-true business model. Others take an existing product and give it new life with a creative business mode Read More

As a business consultant and long-time executive, I often get questions about the potential impact of AI (artificial intelligence) on team member careers and their businesses. My answer is that AI is just one of many challenges that are facing every business these days, and another reason for const Read More

People who get stressed managing their own lives don’t make good business leaders. All businesses, especially small ones, require multi-tasking, work prioritization, and constant decision-making, with minimal assistants or help from experts. That’s why Fortune 500 executives usually don’t survive a Read More

Every business leader I know recognizes the need for a culture that promotes continuous innovation, an entrepreneurial spirit, and one that creates sustainable growth across all functions in the business. Yet most don’t really know how to create that environment or assess when they have achieved it Read More

A “downer” is defined here as someone who seems to dwell on the negatives of every business challenge and loves to highlight bad news or potential problems. No matter how smart or experienced this person may otherwise be, things must change or they will kill your business. Read More