entrepreneurship

LEADERSHIP | STRATEGY

8 Reasons NOT to Develop an Advisory Board

The survival and success of privately held and family owned businesses depends on many factors. One of the most significant factors is a board of advisors. Yet an American Family Business Survey reports that almost half the boards of these types of businesses meet only once or twice a year, over 60% don’t compensate directors,…

LEADERSHIP

Turning a Setback into Success

We all love a “come back story!”  We want to hear and understand how the odds were turned and adversity overcome.  Todd Palmer is a true entrepreneur and a trusted coaching colleague of mine.  Todd has a super story of the ultimate comeback. He is the founder and president of Troy-based Diversified Industrial Staffing. His…

LEADERSHIP

What Separates Successful Business Owners from Less Successful Ones?

Gallup studied 2,500 entrepreneurs to understand the actions and decisions that lead to bigger, more valuable businesses. One of the many things they discovered is how the psychology and innate talents of the entrepreneur affect business outcomes. These talents are predictors of business success – and in my opinion apply to leadership teams in all…

EXECUTION

Break Through 5 Roadblocks to Growing Your Business

What keeps many businesses from growing? In larger companies, it is often maturing markets and inflexible organizations that dampen growth. Closely held and entrepreneurial companies, on the other hand, are built for growth. They operate in a world of innovation, rapidly changing technology, and entrepreneurial passion. For these businesses the challenge is not how to…