Challenges of a Family Business
There’s a relative I haven’t spoken to in five years. Family coming first sounds good, but the reality is more complex than that.
There’s a relative I haven’t spoken to in five years. Family coming first sounds good, but the reality is more complex than that.
Marketing Heads insist “it’s a numbers game” and standardize campaigns to reach more people, neutering creativity in the process.
I first saw this unfortunate turn of events happen for a client 20 years ago.
You don’t have to be the cheapest to win the business. You have to be the best bang for the buck.
The first step is to imagine the customer as your mother, and money is not an issue. What would be the ideal solution?
Would you rather do $7.5mm in sales with profits of $520k or do $5.5mm with profits of $1.25mm?
"Advertising is a tax we pay for not being remarkable.” So how do we become remarkable?
You must utilize all the tools available to you to ensure revenue is always moving up in succession.
The promise of cheap labor. When is it the right bet?
Employee turnover costs as much as 33% of an employee’s annual salary.
Employees work best when they think they are needed, but slack off when they think the company can’t live without them.
It is difficult to choose what you value and be prepared to defend it when things get hard.
I have seen dozens of bad promotions stifle growth and create a toxic vortex for the company.
You posted core values on your wall, maybe a code of ethics and the employee handbook. Why didn’t they do as they were asked?