Yearly Archives - 2018

5 Tips for Building the Perfect Startup Team

No element will impact your startup more during its crucial early growth stages than the members of your team. Their personalities, values and actions will influence the direction of the company in ways both active and passive. So choose them wisely in order to jumpstart your chances of success. Prioritize Communication There is no room on a startup team...

Nine Essential Tips For The First-Time Business Owner

Trying to narrow down a list of tips for first-time business owners is like trying to narrow down advice for first-time parents. Almost anything can and will happen during your journey, but these pointers will give you a strong foundation on which to build your flourishing company. 1. Collaborate with diverse and trustworthy partners. One of...

Best Practices for Effective Leadership

The phrase "born leader" gets thrown around frequently, and it has led many people to erroneously assume that you either have what it takes to be a great leader or you don't. In actuality, effective leadership is simply a combination of various skills and principles that can be learned and practiced just like any others. Respecting the Importance of...

As An Entrepreneur, You Are Not an Island

The days when lone business founders who did everything in secrecy were revered are long gone. Today, not many businesses or entrepreneurs can survive in business let alone succeed without the input of others. New and experienced entrepreneurs alike have to come out of their comfort zone and network with like-minded people if they’re to...

Why Retail Businesses Must Make Service Innovation Their Top Priority

Few industries have evolved as rapidly in the 21st century as the consumer retail industry. Retail organizations face new challenges every day as technology contributes to market upheaval but also facilitates new possibilities for service innovation that were mere pipe dreams just a few years ago. Retail businesses that expect to remain relevant and...

Why Professional Networking Is the Missing Piece to Your Success

Personal relationships are important for entrepreneurs because they provide an outlet separate from the company and can help you avoid burnout. However, they are inherently limited because you can only have so many family members and close friends that you engage with on a frequent basis. Professional networks, however, enable you to connect with like-minded people across the globe...

Why Your Retail Employees Hate Their Job (And What You Can Do About It)

Employee engagement is typically one of the most pressing concerns for retail organizations. It has massive implications for the company across numerous categories: Retail companies with highly-engaged employees perform better financially, employ a more productive workforce and have higher employee and customer satisfaction scores. However, you can’t just stick a retail employee on the...