If you’re a service business without a menu of services, creating one offers a host of benefits that touch every aspect of your business. A menu of services can help you close more sales, maintain a higher margin, and streamline operations all at the same time. The creation process can be educational, too, in that it forces you to look …
The Great Resignation 2021: How to Recruit, Hire, and Retain Team Members
By now, your organization has probably been impacted by The Great Resignation of 2021. And if not, I’m sure you’ve heard people are quitting their jobs in record numbers. This is making recruiting, hiring, and retention more challenging and important than ever. Before we dive into some things you can do to thrive despite these challenges, let’s take a look …
Press Release: Dave Labowitz appears on The Entrepreneur MBA Podcast
The Entrepreneur MBA Podcast PRESS RELEASE August 8, 2021 Angel and VC Funding For Small Businesses: What Will They Look For? Featuring Dave Labowitz on The Entrepreneur MBA Podcast Listen to the Podcast or read the summary by clicking here: Angel and VC Funding For Small Businesses Summary: Early-stage startup business owners typically have a dream or an idea that …
Should you give a struggling employee a second chance?
A common challenge for leaders is whether or not to give an underperforming or struggling employee a second chance. Maybe it’s someone who’s been with your company or team for a long time, someone who used to be a high performer who no longer is, or someone you just really like as a person. Unfortunately, they’ve messed up. They’ve either …
7 factors to consider before starting any digital marketing campaign
A majority of consumers are online. About 59 percent of the global population are internet users. Digital marketing is no longer a choice but a must for businesses that need to reach an enormous audience efficiently and cost-effectively. However, running a digital marketing campaign is like navigating through the wilderness. If you don’t know what you’re doing, you’re definitely going to …
If you want to start a business, stay on the critical path
It’s easy to get overwhelmed by the sheer volume of projects and tasks you need to complete when you decide to start a business. You’re probably thinking about whether to form an LLC or stay a sole proprietor, how to set up a website, and what marketing strategy will work. You may be nervous about hiring employees, setting up payroll, …
The hidden benefits of SMART goals
Since their invention in 1981, SMART goals have become a way of life for leaders worldwide and for good reason. The most apparent benefits of SMART goals are that they improve communication when delegating a project as well as increase the chances the project will succeed. While the base acronym offers up a lot of value on its own, after …
How to talk to your boss about a problem
What’s the best way to talk to your boss about a problem if no one likes a complainer? This is a challenging issue because the wrong approach can be rather damaging. You can accidentally hurt your relationship with your boss and even mess up your career if you get associated with the words “complainer” or “negative”. Of course, you probably …
Are you a solopreneur with zero gross margin?
I get a lot of calls from solopreneur service providers (think lawyers, accountants, consultants) who are struggling in their businesses. They’re working almost around the clock, fighting fatigue and burnout, and despite all that effort, making less money than they feel they should. They’re frustrated. They took the leap into entrepreneurship because they wanted more freedom to set their schedule, …
Tom Cruise’s rant shows why emotional intelligence matters
If you keep up with Hollywood gossip news, you’ve probably seen some headlines about Tom Cruise’s most recent unhinged rant. He got upset about some COVID safety violations on the set of “Mission: Impossible 7” and melted down on the cast and crew. Unsurprisingly, now the story has broken that there’s a mass exodus amongst the movie’s staff. Even in …