I am a firm believer that delegation is key to building a business. We can bring in all the technology in the world, but if we can’t delegate properly, our companies have no chance of scaling well. Without delegating well, you are bound to flat-line or even drive your company into decline. So here are the rules of delegation I like to use…
Read the full article »
Back when I was working in Chicago at a late stage startup, I used to have great conversations with the president of the company about our various approaches to managing businesses. We shared war stories, ramblings about taxation in US and EU, and the software developers’ versions of Maslow’s hierarchy of needs. But one thing that stuck with me was his statement: “this company will never own a foosball table, because every company I have seen own one went under months after purchasing it”.
Read the full article »
A problem we’ve all seen too often is when a product or service is dreamed up, and no one wants to buy it. Most of us can list four or five examples of this right away. These duds should have been abandoned before too much time and money was invested.
What are the two major causes of this problem?
Read the full article »
I read a Wall Street Journal article today, titled The New Résumé: Dumb and Dumber – Job Seekers Play Down Their Credentials to Avoid Looking Overqualified,” that really struck a nerve with me. This issue is not exclusive to Baby Boomer and reaches all the way into Generation X. We talk about how it is hard to find the right people for our companies, but we are not willing to think just a little bit outside of the box. Here is a novel idea, why don’t we stop forcing overqualified individuals to hide their qualifications and try to make a deal with them, while the demand is low.
Here is my recipe for hiring and keeping overqualified professionals
Read the full article »