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13 Entrepreneurs on the Best Business Advice They Ever Received

13 Entrepreneurs on the Best Business Advice They Ever Received | Glenoe Associates - Executive Coaching | Scoop.it

Via Daniel Watson, Steve Cassady
Jeffrey Ross's insight:

The best advice I ever got from my mentor was: "you're spending too much time on the top line and notenough on the bottom line."

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Shakira A. Ali's curator insight, October 12, 2013 11:16 PM

If you're not growing, you're dying. GROW!

 

And while you're at it, HELP somebody along the way.  It's part of the process. 

 

www.new.bloggingbuildsbrand.com

Lynne M. Williams BS, MA, ABD★'s curator insight, October 18, 2013 1:14 AM

Great advice!

harish magan's curator insight, October 25, 2013 11:03 PM

No man (or woman) is an island, and business owners need to seek advice and guidance from other successful business owners, if they themselves are to become successful in their respective endeavours.

 

One of the best ways to become better as a business owner, is to apply relevant advice that other business owners have successfully applied to their businesses, that they themselves received from others who went before them.

 

This excellent article, drawing on feedback from 13 successful Australian entrepreneurs, offers 13 great pieces of sound business advice that any business owner can take on board to improve the performance of their own business.

Glenoe Associates - Executive Coaching
Your business wants you to be a better leader!
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Strategy or Culture: Which Is More Important?

Strategy or Culture: Which Is More Important? | Glenoe Associates - Executive Coaching | Scoop.it
Although culture is much more than an “enabler” of strategy, it’s no substitute for it.
Jeffrey Ross's insight:

Strategy is theory; culture is reality.  The best strategy in the world is simply a page in a business book without the right people and environment to make it work.  Conversely, a great culture with weak strategy is like a floating party cruise with no captain.  It may be fun for a while, but sooner or later, you realize you're not getting anywhere, nor do you know where you are.  The best businesses create a sound strategy, then create a culture and environment that supports that strategy in every meaningful interaction.

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Small business makeover: Social media strategy boosts online furniture ... - MiamiHerald.com

Small business makeover: Social media strategy boosts online furniture ... - MiamiHerald.com | Glenoe Associates - Executive Coaching | Scoop.it
Small business makeover: Social media strategy boosts online furniture ...
MiamiHerald.com
For Leonard Riforgiato, the path to small business ownership began in the 1990s with an abandoned company trademark and a passion for antiques.
Jeffrey Ross's insight:

Here is how one small business used social media to reinvent itself.  Some good tips here.

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Small Business: Bridging workplace generation gaps - Newsday

Small Business: Bridging workplace generation gaps - Newsday | Glenoe Associates - Executive Coaching | Scoop.it
Small Business: Bridging workplace generation gaps
Newsday
Large generation gaps can exist in today's workplace because up to four generations can be working alongside one another, and with that come some managerial challenges.
Jeffrey Ross's insight:

Understanding, and successfully bridging, generation gaps can greatly enhance a family business' success.  Even within a family, we are not all cut from the same cloth.

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Company culture is for small business, too - Crain's Detroit Business (blog)

Company culture is for small business, too - Crain's Detroit Business (blog) | Glenoe Associates - Executive Coaching | Scoop.it
Company culture is for small business, too
Crain's Detroit Business (blog)
Company culture isn't just for tech entreprenuers with all the resources handed to them in fancy incubators and accelerators.
Jeffrey Ross's insight:

Even if you don't call it "company culture," your business has one.  If you, as the Boss, don't know what it is, ask your employees for their candid opinions.  Company culture may not be a line item on your P&L, but it certainly propels or disrupts your business.

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Private-sector hiring strongest in more than a year - MarketWatch

Private-sector hiring strongest in more than a year - MarketWatch | Glenoe Associates - Executive Coaching | Scoop.it
MarketWatch
Private-sector hiring strongest in more than a year
MarketWatch
... slightly up from an average of 211,000 during the year-earlier period.
Jeffrey Ross's insight:

Increased hiring is good for the overall economy.  But in terms of your specific business, it is still the quality of your hires, not the quantity, that truly matters.

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Strongest CEO stands of 2013

Strongest CEO stands of 2013 | Glenoe Associates - Executive Coaching | Scoop.it
Chief executives generally keep quiet about topics outside of their company's performance. But these CEOs spoke up in 2013 about political issues, personal passion, or controversial company beliefs.
Jeffrey Ross's insight:

Leadership often transcends business.

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7 Steps to Ethical Leadership

7 Steps to Ethical Leadership | Glenoe Associates - Executive Coaching | Scoop.it
The key to having an ethically run company is employing morally upstanding leaders, a new book suggests.
Jeffrey Ross's insight:

Some basic insights into ensuring ethical leadership throughout your company.  Read this carefully, and honestly.

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13 Entrepreneurs on the Best Business Advice They Ever Received

13 Entrepreneurs on the Best Business Advice They Ever Received | Glenoe Associates - Executive Coaching | Scoop.it

Via Daniel Watson, Steve Cassady
Jeffrey Ross's insight:

The best advice I ever got from my mentor was: "you're spending too much time on the top line and notenough on the bottom line."

more...
Shakira A. Ali's curator insight, October 12, 2013 11:16 PM

If you're not growing, you're dying. GROW!

 

And while you're at it, HELP somebody along the way.  It's part of the process. 

 

www.new.bloggingbuildsbrand.com

Lynne M. Williams BS, MA, ABD★'s curator insight, October 18, 2013 1:14 AM

Great advice!

harish magan's curator insight, October 25, 2013 11:03 PM

No man (or woman) is an island, and business owners need to seek advice and guidance from other successful business owners, if they themselves are to become successful in their respective endeavours.

 

One of the best ways to become better as a business owner, is to apply relevant advice that other business owners have successfully applied to their businesses, that they themselves received from others who went before them.

 

This excellent article, drawing on feedback from 13 successful Australian entrepreneurs, offers 13 great pieces of sound business advice that any business owner can take on board to improve the performance of their own business.

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2013 Small Business Forum - October 23

2013 Small Business Forum - October 23 | Glenoe Associates - Executive Coaching | Scoop.it
Enterprise Toronto's Small Business Forum 2013 on October 23 will be anything but small! With more than 2,000 attendees representing all sectors and business models, from start-ups to established business owners, there is no other event like it!
Jeffrey Ross's insight:

This looks to be an interesting forum for small business owners.

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Tips about Mentoring

Tips about Mentoring | Glenoe Associates - Executive Coaching | Scoop.it
5 Levels of #Leadership #calsae #bealeader #betterleadership #leadbyexample #selfimprovement (RT @LoisZachary: Are you familiar with the five levels of #leadership?
Jeffrey Ross's insight:

So you're a leader, huh?  Be honest with yourself... what level of leadership do you exude?

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Cb Bowman's curator insight, September 7, 2013 11:11 AM

I am not sure that I agree with level five. How about you?

Moringue Franck's curator insight, November 2, 2013 5:45 PM

Quelque soit l'age

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Impatience as a Leadership Virtue - Let's Grow Leaders

Impatience as a Leadership Virtue - Let's Grow Leaders | Glenoe Associates - Executive Coaching | Scoop.it
Patience is the support of weakness; impatience the ruin of strength -Charles Caleb Colton "Karin, we should be able to have this project done by the end of the year."  I listened impatiently as (Impatience as a Leadership Virtue
Jeffrey Ross's insight:

Impatience can be a motivator, but don't be a jerk about it...

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Finding Real Leadership Power

Finding Real Leadership Power | Glenoe Associates - Executive Coaching | Scoop.it
Humility is real power, arrogance façade. 15 Ways to be an arrogant leader: Rush. “Important” people don’t have enough time. Look serious. The more important you are the more serious you look. Deta...
Jeffrey Ross's insight:

Leadership is not an act.  Be yourself, but be your best self.

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Managing Better: 7 Ways Leaders Say 'I Don't Trust You' - Huffington Post

Managing Better: 7 Ways Leaders Say 'I Don't Trust You' - Huffington Post | Glenoe Associates - Executive Coaching | Scoop.it
Managing Better: 7 Ways Leaders Say 'I Don't Trust You'
Huffington Post
That said, what may not be evident is what you're doing that's telegraphing mistrust or doubt.
Jeffrey Ross's insight:

Regarding trust, leaders need to put the right people in the right positions, then get out of the way and let their people spread their wings and contribute.  Anything less can be stifiling to the employees and to the business as a whole.

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10 Ways Your Boss Kills Employee Motivation

10 Ways Your Boss Kills Employee Motivation | Glenoe Associates - Executive Coaching | Scoop.it
There are plenty ways that a boss can kill employee motivation. We've narrowed it down to the 10 and explain how it can damage your company's culture. ("The secret to good leadership is to be authentic.
Jeffrey Ross's insight:

You want to be a good boss / manager / leader / CEO?  Of course you do!  Then I suggest you read this, and don't do any of the morale-killing things listed here.  Just because you are higher up in the company hierarchy does not mean you are a better human being. Remember that when you have to manage & coach your people.

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Why You Should Care About Your Company's Emotional Culture

Why You Should Care About Your Company's Emotional Culture | Glenoe Associates - Executive Coaching | Scoop.it
Does your workplace feel distant? All you need is love--and these five ways to make everyone feel appreciated.
Jeffrey Ross's insight:

Make your company a little more "human" with little things that show you care.  Employees join companies, but quit managers.  Don't be the reason your company loses good people!

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Are you Getting Hijacked during Conflict in your Family Business ...

Are you Getting Hijacked during Conflict in your Family Business ... | Glenoe Associates - Executive Coaching | Scoop.it
seo company. Wendy Sage-Hayward. Have you ever been in an argument with your father (or any other family member) regarding something related to the family business where you both behaved badly, said nasty things, ...
Jeffrey Ross's insight:

In family business discussions (ok, arguments), differences can rapidly escalate by an ill-chosen word or phrase.  Or sentence.  Or a complete melt-down rant.  Breathe deep, and choose your words carefully.  Much depends on your ability to this.

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Don't Fall In To These Leadership Traps In 2014

Don't Fall In To These Leadership Traps In 2014 | Glenoe Associates - Executive Coaching | Scoop.it
I have been a proponent of the importance of leaders developing strengths as a means to improve toward excellence. After all, the best leaders are characterized by the presence of strengths, not the absence of weakness.
Jeffrey Ross's insight:

Being a leader has its traps.  Putting our total focus on one thing often causes us to take our eye off another.  Be mindful of these traps.

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Five Things I Learned About Leadership In 2013

Five Things I Learned About Leadership In 2013 | Glenoe Associates - Executive Coaching | Scoop.it
Supporting diversity, stoking innovation, and building partnerships were all essential parts of the leadership toolkit in 2013.
Jeffrey Ross's insight:

What have YOU learned about Leadership in this past year?   Is it getting easier or tougher for you?  Or is it just.... different?

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The Best Way for New Leaders to Build Trust

The Best Way for New Leaders to Build Trust | Glenoe Associates - Executive Coaching | Scoop.it

Many leaders see their role as directing and giving information, rather than gathering.  There is pressure to “come up with the answer” quickly or risk looking weak.  Too many new leaders believe they’re expected to know the answer without input or guidance. Nothing could be further from the truth.


Via Kenneth Mikkelsen, Annette Swann, Jose Luis Anzizar, Wise Leader™
Jeffrey Ross's insight:

Building TRUST is the true cornerstone to building a successful business.  Internally, we need to be able to trust one another, so that our customers will trust us.

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Don Cloud's curator insight, December 17, 2013 5:39 AM

There is no leadership without trust -- and building trust is the #1 priority for all great leaders.

Cruise Line Class's curator insight, December 17, 2013 6:47 AM

Thank you for sharing this article!

 

Building trust through involvement, collaboration, and asking their team ...what do you think we should do?  How do you believe this solution will solve the issue?  What factors did you consider to come to this conclusion?

 

What are your thoughts?

Jerry Busone's curator insight, February 9, 2014 9:20 AM

Trust is HUGE for leading todays workforce. Simply take an interest in your people... reach out them and LISTEN. Put your ego and prejudice away. Author gives 3 great questions to ask :“If you were put into my role tomorrow, what would be the first three things you’d do and why?”  Or: “What are the three biggest barriers to our success, and what are our three biggest opportunities we have?” 

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Analyze Small Business Cash Flow in 4 Simple Steps

Analyze Small Business Cash Flow in 4 Simple Steps | Glenoe Associates - Executive Coaching | Scoop.it
Analyzing how your money flows in and out doesn’t have to be hard – you just need to follow a few fairly simple steps.
Jeffrey Ross's insight:

Never take your eye off of the ball, regarding business cash flow...

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Info-graphic: Top 12 Reasons You Need A Business Valuation

Info-graphic: Top 12 Reasons You Need A Business Valuation | Glenoe Associates - Executive Coaching | Scoop.it

Via Steve Cassady
Jeffrey Ross's insight:

If you are looking for a reason why you need a current and accurate business valuation, here are 12 of them...

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Steve Cassady's curator insight, September 15, 2013 11:47 AM

Nice Tips.  Key to understand your value drivers to optimize value.

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Definition of Leadership ― Leadership Thoughts

Definition of Leadership ― Leadership Thoughts | Glenoe Associates - Executive Coaching | Scoop.it
What is your definition of leadership? Does it have something to do with leadership traits or characteristics? Can our potential for leadership be developed? Or is leadership an innate skill? Why ask such questions?
Jeffrey Ross's insight:

These are some good definitions of leadership.  What can you add to the definitions?  Or is it one of those things that you just know it when you see it?

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Bad Bosses Create A 'Terrifying' Culture For Companies

Bad Bosses Create A 'Terrifying' Culture For Companies | Glenoe Associates - Executive Coaching | Scoop.it
Ben Huh says money will only pay for so much.
Jeffrey Ross's insight:

One of the most important facts of business: if the boss is a jerk, even the best jobs on the planet will suck the life out of you.  Real leaders do not have to be jerks.

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Small Business Love Affair with Content Marketing | Sword and the Script

Small Business Love Affair with Content Marketing | Sword and the Script | Glenoe Associates - Executive Coaching | Scoop.it
Small businesses are engaged in a growing love affair with content marketing according to a survey by BusinessBolts.com and analyzed by eMarketer.
Jeffrey Ross's insight:

Fresh, engaging online content is not only helpful to your clients and prospects, but it is easily sharable, and thus expands your company's reach to your clients' and prospects' networks, as well.  Write and share what you know!

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Can I Get An Encore? 7 Tips for Older Entrepreneurs - Forbes

Can I Get An Encore? 7 Tips for Older Entrepreneurs - Forbes | Glenoe Associates - Executive Coaching | Scoop.it
You can't start the next chapter of your life if you keep re-reading the last one.
Jeffrey Ross's insight:

Some basics to consider as you embark upon an entrepreneural project.

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