Posts Tagged ‘employees’

80/20 Accounting

The 80/20 rule (Pareto Principle) is one of the most useful we will ever encounter. Let’s discuss its use with 80/20 accounting. This is about focusing on the 20% of customers, products, expenses, etc. that account for most of our company’s results. Read the rest of this entry »

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Consider a Variety of Business Information

Do you consider a variety of business information when making decisions, or are you stuck in the habit of only looking at a few things you think are important? Read the rest of this entry »

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Employees are Not Pawns

Have you ever worked at a company where the everyday employee was treated as if they were expendable? There was likely either an owner who alone or with the cooperation of a favored few simply ran roughshod over everyone else. They perhaps have either forgotten or chosen to ignore the reality that employees are not pawns to be manipulated like they were part of some sort of game. If you’ve ever played the board game of chess you know that pawns are Read the rest of this entry »

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Be Willing to Start Again

How often do we just throw up our hands and surrender, feeling defeated. Does this mean we’re done trying? Maybe all that is needed is a brief break. We must be willing to use past failure to build on to eventually succeed. To do that, we must be willing to start again. Just like Read the rest of this entry »

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Repetition Can Blind You to the Obvious

Like it or not, every business has things that need to be done over and over. Despite the necessity, this repetition can blind you to the obvious. Think about it. When something is repeated enough there is a tendency to operate on autopilot, and when we do that it is easy to Read the rest of this entry »

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Don’t Get Blinded by Habits

It’s easy to get caught up in attitude of “that’s the way we’ve always done it.” While there is value in them, don’t get blinded by habits. Read the rest of this entry »

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Perspective Requires Multiple Views

When you are told you need a new perspective how do you respond? Some of the definitions of perspective include the state of one’s ideas and a way of picturing something spatially. So, we hear statements like, “That’s your opinion, but I have a different perspective.” There in is the rub. We have a tendency to reduce others’ perspectives to opinions. But, what if we look at this a little differently? Read the rest of this entry »

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Change and Adapt to Grow

Take some time to think about how you are now versus how you were 5, 10, 15 or more years ago. If you are like me you see someone very different. We all change and adapt to grow whether intentionally or not. Read the rest of this entry »

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Starting Over is Not Always Bad

We’ve all had an occasion where we realized what we were doing was not going to work and had to start over. While frustrating, starting over is not always bad and can actually be a good thing. The key is to get over the frustration quickly and don’t carry it over as baggage in a new attempt. Read the rest of this entry »

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Are You Making Things Happen?

If you are a business owner are you content to just sit back and wait to see what happens next with your company? As a rule, probably not, right? But, maybe you actually do this more than you realize. Here’s what I mean. Read the rest of this entry »

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