How to Develop Your Core Values (And Implement Them) in Six Steps

How to Develop Your Core Values (And Implement Them) in Six Steps

Every organization has a culture, whether it was created intentionally or not. Developing and implementing your values puts you in control of that culture. Most importantly, it helps you identify who’s aligned with it and who’s not. Here’s how to create your core values — not just some words that you put on a wall or a website — but the actual tenets that underpin your organization’s culture.

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How to Delegate Like a Boss

How to Delegate Like a Boss

At some point, that do-it-all person will have to stop doing and start delegating. Otherwise, they’ll begin to feel like they’re on a hamster wheel — doing what they’ve always done but suddenly getting nowhere. Making that shift is challenging. In fact, it’s one of the most difficult, yet important, transitions founders go through.

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What Does a Good Business Coaching Relationship Look Like?

What Does a Good Business Coaching Relationship Look Like?

The concept of a coach used to be reserved for athletes. Now you can hire a coach to help you with everything from weight loss or parenting to public speaking and career transitions. So with all these coaches running around, how do you know what’s a worthwhile investment of your time and money?

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An Early-Stage Founder Belongs In the Trenches (Lesson #8 of 8 Lessons Growing 8 Companies)

An Early-Stage Founder Belongs In the Trenches (Lesson #8 of 8 Lessons Growing 8 Companies)

All those important lessons you learn over the course of a career can actually hurt you if you don’t know when to set them aside. You have to see when it’s not a time to be the seasoned CEO and instead lean into your role as the scrappy founder — even if this isn’t your first (or your seventh) rodeo.

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What Percentage of Profits Should You Reinvest In Your Business?

What Percentage of Profits Should You Reinvest In Your Business?

Managing your business’s finances might not feel intuitive. Many of us begin our entrepreneurial careers with a great idea. We spend the rest of that career trying to understand all the moving pieces that will make it profitable. There are people that will give you numbers. The truth is that there’s no clear rulebook. These profit and investment calculations are individual to each business.

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What’s the Antidote to Pandemic Fatigue? Pandemic Accountability.

What’s the Antidote to Pandemic Fatigue? Pandemic Accountability.

Here’s the truth: Our plans for 2020 got blown up. Everyone’s plans. We didn’t plan for our lives or our businesses or our cultures to get this disrupted. Back in the spring, we got scrappy. We came together. We figured out new ways to do things. Back in the spring, we thought we were trying to weather something that would be a few months long. Now, we’re tired. So, what’s the antidote?

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Tech Entrepreneurs Can't Do Everything (Lesson #7 of 8 Lessons Growing 8 Companies)

Tech Entrepreneurs Can't Do Everything (Lesson #7 of 8 Lessons Growing 8 Companies)

Being part of building a seventh company taught me many things. It taught me that tech entrepreneurs can’t do everything — more than that, I learned that honesty about how your skills and expertise line up with what you’re trying to build is much more important than a passion for what you’re selling.

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The Passion Trap — When to Let Emotion Take a Back Seat

The Passion Trap — When to Let Emotion Take a Back Seat

Many entrepreneurs believe that being led by their passion is a prerequisite for starting a successful organization. Definitely for starting one that they’ll enjoy running. The problem with this narrative is that passion does not equal success. In fact, I would argue that too much passion in a business leads to failure.

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What Is An Organizational Assessment?

What Is An Organizational Assessment?

For many young or small companies, managing processes and meeting goals is pretty straightforward. They have a team of three or four people committed to the mission. They’ve defined roles and responsibilities. There are few barriers to communication. Then they start to grow. Now they’re a team of 15 or 20, and they’re not sure why exactly, but things aren’t going so well. That’s where an organizational assessment can help.

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Results Aren’t Achieved When Values Don’t Align (Lesson #6 of 8 Lessons Growing 8 Companies)

Results Aren’t Achieved When Values Don’t Align (Lesson #6 of 8 Lessons Growing 8 Companies)

In 2005, I was working as a consultant, doing some due diligence on software for a startup. The company, founded by two patent attorneys, was attempting to create an online marketplace for swapping books, music, movies, and video games—back when those were all physical objects that needed to be physically traded. The founders had patented their ideas and written hundreds of pages of specs. They’d already hired, fired, and had sued one software development firm. When the second firm they’d hired went past budget on a fixed price contract before completing the software, the founders reached out to me.

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How You Can Harness Workplace Conflict to Help Your Organization Thrive

How You Can Harness Workplace Conflict to Help Your Organization Thrive

Conflict is inevitable. Everyone is different—different backgrounds, different scripts, different personalities, and different goals. Difference creates conflict. If we’ve learned anything from the last few months of civil unrest, it’s that embracing differences in our lives and in our organizations is critical. Workplace conflict will happen. By treating it as an opportunity for growth, we’ll help ourselves, our organizations, and our employees.

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What to Look for in a Business Mentor and the Mentoring Relationship

What to Look for in a Business Mentor and the Mentoring Relationship

Mentorship is a deeper, long-term relationship between two people. Even if it doesn’t start out that way, it becomes so from time spent together and mutual care for each other.

The relationship with a mentor is a meaningful one. We reached out to our clients to get deeper insight into how having a mentor can impact people’s lives. A couple of stories stuck with us and showed the power of effective mentoring relationships.

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Your Growth Strategy Stopped Working. Now What?

Your Growth Strategy Stopped Working. Now What?

Any successful business that’s been around for more than a few years has found themselves on that plateau, trying to figure out why their growth stalled or why they feel stuck. The plateau itself isn’t a problem. In fact, it may create an opportunity to look at your business, your product, or your market through new eyes.

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