One of the most critical relationships with small businesses is its relationship with its independent contractors, and whatever your views on outsourcing, it has become a very essential part of the whole genesis of a small business developing into a large one. While statistics show that in certain pockets of industry that freelancers are making up almost half of new jobs, it means that the relationship you nurture with them is far more important than it used to be. The freelancer or outsourced company was viewed as a pariah, and there to do their task before being shooed away. The outsourced company or person is far more important now than it was before. So you need to make sure you are treating them right, and here’s what you can do.

Communicate Openly

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Read More Independent’s Day: Working With Contractors

Management

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Why do companies search for the most qualified and experienced candidates? It is because they know that employees are the key to a successful business. While business owners often take on important tasks, make difficult decisions, and ultimately sign the paychecks, it is employees who truly maintain a company on a day-to-day basis.

 

Why Employees are Essential to Growth

As a business owner, you may feel the need to do everything yourself to ensure that it is done correctly. At the end of the day, however, taking on every task alone will be overwhelming, time-consuming, and maybe even straight up impossible. If you ever plan on expanding, taking on more clients, or becoming a well-known brand, you will eventually need to delegate tasks to employees.

 

Many companies, such as Apple, may have started out small, but as their products gained popularity, it became increasingly necessary to hire help. Without the dedication of these employees, Apple may not have reached the global success that it enjoys today. So, unless you want to remain like the Apple of 1976 (three friends in a garage), you may need to take on some employees (of which Apple currently has about 80,000). Read More Why Your Employees are the Key To Your Growth

Leadership Management Organizational Performance

Feedback is the breakfast of champions - feedback
As an entrepreneur or a team leader, the amount of decisions you make is enormous. From who to hire, to which are the most important e-mails to answer right away; each decision carries a great weight on you company. It makes sense to maximize your chances to make the right one.
Mark Zuckerberg wears the same clothes every day so he can limit the time he spends making “frivolous” decisions so he can concentrate on real work. Both Steve Jobs and President Obama have a similar view on everyday decisions, and that makes sense. When you run a big company (or a country), you want to focus all your time on decisions that matter. Read More Make Decisions Like a Great Leader (Guest Post)

Communication Leadership Management Organizational Management Productivity Small Business

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Busy, busy, busy! As entrepreneurs and professionals we love to be busy because we equate that to being productive and working towards success. And what better way to show you are busy then by being in back to back meetings. Multiple meetings every week or everyday means we are putting our face in front of potential buyers and decision makers. So we want to make sure we are involved in as many meetings as possible. Who wouldn’t want to be busy meeting new people? Is it a bad thing to be meeting people frequently and spreading the message about your business and the value you and your business bring? Read More Maximizing Your Meetings Infograph

Entrepreneurship Management Productivity Small Business Young Entrepreneur

balancingitall
In the last post I covered how to step into part-time entrepreneurship (Do You Want to be a Part-Time Entrepreneur) and now it’s time to cover how to manage the transitional period. The keyword to focus on is part-time. This means your time is being allocated in other areas outside of your entrepreneurial endeavor. When our time and focus must be split in multiple directions, we lessen the efficiency of our potential output. As an entrepreneur efficiency is your #1 component and is something I have just recently written about (Entrepreneur Efficiency). The situation at hand though is that you are part-timing so you must learn the art of strategic allocation. Read More Balancing Your J.O.B., Entrepreneurship & Life

Entrepreneurship Life Management Self-Improvement

superbowl

The Super Bowl is undoubtedly the biggest sporting event in American sports. Athletes dream of one day competing in and winning the Super Bowl, cities rejoice at the opportunity to host the Super Bowl and companies spend big money to be promoted during the Super Bowl. Besides being an exhibition of the 2 best teams in the National Football League, it is a huge money generator. The Super Bowl is an event were the best of the best want to participate within and around it and have the opportunity to be associated with the brand. Besides money though the Super Bowl is about football right? So, what does it take for a person/ team to become of Super Bowl caliber? Read More Are You Super Bowl Caliber?

Competition Economy Entrepreneurship Leadership Management Organizational Management Organizational Performance Self-Improvement Small Business

potential
Nearly all of us say that we want to be the best that we can be and achieve great things. In reality though, the majority of us rarely do so. It is said that you can do whatever you want to do as long as you put your mind to it; the problem is that such a statement seems like wishful thinking when most try to apply the notion. Just as it is said we all have the potential to be great but can that opinion be truthful for all of us? Read More Are You Living Up to Your Potential?

Competition Entrepreneurship Innovation Leadership Life Management Organizational Management Organizational Performance Self-Improvement Small Business