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5 Things Successful Entrepreneurs Do

October 17, 2013 By Lindsey Perkins Wade

successful-entrepreneursFive out of 10 small businesses (companies with less than 500 employees) will survive to see their fifth birthday, according to the Small Business Administration. Successful entrepreneurs that make it to that milestone will have most likely done so because of their ability to apply the following key strategies to their businesses.

No matter what the industry, these traits are typically found in small businesses that survive and thrive beyond their fifth anniversary. As you review these, think about how you are applying them in your world. [Read more…]

Filed Under: Operations, Sales & Marketing Tagged With: communication, Innovation, uncertainty

Three Things That Can Ruin A Family Business

November 8, 2012 By Lindsey Perkins Wade

Keep your family business healthy by staying away from these no-nos. [Read more…]

Filed Under: Operations Tagged With: communication, exit planning, family-owned business, favoritism, succession planning

Silence Is A Communication Tool

August 22, 2011 By Derick Schaefer

When a business owner works with employees in order to grow their soft skills, one area of focus is often communication. A business owner wants an employee to ask the right questions, provide concise answers, and even diffuse an upset customer or vendor when the situation demands it. Moreover, good communication training focuses heavily on listening skills.

Still, one communication skill that is often overlooked is the use of silence.
[Read more…]

Filed Under: Operations, Uncategorized Tagged With: communication, employees, negotiation, People

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