When you launch your business, the initial success is all about you, the business owner. However, growth also creates a need for more employees, which quickly tests your ability to lead people. Continued success soon becomes all about your ability to help your...
Low employee performance or poor attitude may not originate from a problem at work. Often employees bring emotional hardship or distress from their personal lives to work. A few moments of daily chit-chat, or a friendly inquiry about their weekend gives the (hopefully...
1. Have a plan and include your success team 2. Get turnover > €3m 3. Standardise as much as possible 4. Have a quality management team 5. Make profit consistently 6. Create recurring revenues 7. Generate barriers to entry 8. Achieve consistent growth 9. Create...
Try bench-marking your strategy against the following tests: 1. Do you have a meaningful competitive advantage? Is there something different about your offering v direct competitors, new sources of competition and potential new entrants ? Remember ‘winners are...
My experience with a number of family businesses has led me to believe that it takes a very special parent-child relationship to achieve success. If you’re thinking of joining your parent’s business, there are some important questions to ask yourself before making a...