Archive for the ‘Human Resources’ Category
Entrepreneur Bear Traps
As your business grows, have you ever hoped, perhaps secretly, for some way to avoid those costly and time-consuming pitfalls that are a natural, but painful, part of your inevitable success? Well as it turns out, entrepreneurs just like you often confide in Robert and me a desperate need for practical ways to steer clear of common business hazards.
That’s why for BusinessCast #162, we sat down with Rick Spence to uncover today’s most common “entrepreneur bear traps” — those traps that snare even the most thoughtful, innovative, well-funded and profitable businesses.
Rick shares our passion for helping entrepreneurs achieve professional and personal success. For over 20 years, he has shared his observations and insights in many of North America’s most widely-read online and offline business publications. Together with Rick, we identify and tackle today’s “entrepreneur bear traps” in business strategy, marketing, operations, financing and human resources.
Listen to BusinessCast #162 and avoid some entrepreneur bear traps before they catch you off-guard.
Lessons from Retail
Every industry has important lessons for entrepreneurs — and one industry that often goes untapped, because of its complexity, is retail. That’s why for BusinessCast #159, we interview Lloyd Perlmutter — former Canadian President of retail giants including, The Gap, Banana Republic and Old Navy as well as EVP for Indigo Books and Music.
Lloyd cuts through the clutter associated with industry-specific dynamics and shares his insights about how the retail industry successfully tackles key business challenges such as integrating new technology, recruiting staff and harnessing the “customer mindset”. Listen to BusinessCast #159 and you’ll get some nuggets that you can use to ensure your business’ success — regardless of your industry.
Lloyd also shares his wisdom about the retail industry regularly on his blog: www.theretailthereapist.wordpress.com.
**Recommended event for business leaders/managers: Online Marketing Summit (in Houston on July 23).**
LinkedIn: Lessons for Entrepreneurs
Robert and I were recently asked by some of the organizers of Canada’s web conference – Mesh 2010 – to get involved in this exciting event . So, for BusinessCast #156 we sat down with one of the conference’s most anticipated keynote speakers, Arvind Rajan, Vice President, International at LinkedIn.
Of course LinkedIn is a tremendous business success story as well as a critical tool for all business managers and leaders. In BusinessCast #156 Arvind shares key business lessons that LinkedIn learned while managing its fantastic growth. At the same time, he shares insights about how entrepreneurs like you can leverage LinkedIn to build business, recruit key staff and stay ahead of the competition.
Understanding and Influencing People
Have you ever walked away from a discussion feeling that you really weren’t heard? How frustrating is that? After all, as an entrepreneur, you’ve got passion, boundless enthusiasm and creativity going for you — all backed up with great products or services.
Well, we’ve all been there! That’s why in BusinessCast #150, Robert and I sat down with Jeff Hendler, a unique coach and trainer who helps business leaders succeed — by helping them truly understand the different ways that targeted people process information. The result: you can adapt your message, your method of communicating, your timing, your body language, etc. — in short, all those things that will help you successfully “get through” to your targeted audience so that they can appreciate the value you bring.
Getting a handle on the psychology of how people take in and respond to information is complex. But, in BusinessCast #150, Jeff provides a handful of powerful tips that you can use now to achieve the impact you’re looking to make in your next critical meeting.
Choosing the Right Buyer
You’re being courted by a handful of companies that want to purchase your business. Wow! That’s an exciting scenario that many entrepreneurs strive for and consider essential validation that they’ve been successful.
But, the truth is that rather than being an easy destination in itself, this is a critical cross-roads that takes a great deal of determination, patience and focus. The countless number of issues that you need to address include:
- How do you choose between potential buyers?
- Is this the right time to sell?
- What’s your role going to be once the purchase is complete?
- What are your key measures of a success?
- When should you walk away from the deal?
- Who should you involve in the selling process?
- What are the likely surprises that you’ll face?
To get the answers to these questions in BusinessCast #142, we interview Chris Carder, President of Thindata 1:1 — one of North America’s leaders in multi-channel and database-driven marketing solutions.
In March of 2008, Transcontinental purchased the company that Chris and his partners built. So, in BusinessCast #142 Chris provides practical hands-on insights and candidly shares his pre-purchase concerns and post-purchase lessons. This is essential listening for any entrepreneur who ever thinks about selling their company.
*A reminder of upcoming (Toronto) events critical for all business leaders:
- The Art of Marketing (March, 2010)
- Emetrics Marketing Optimization Summit (April, 2010)