Entrepreneur Council of Frederick County

Guest Blog

• May 1 2013

  It Is Your Sandbox - Manage It Carefully

  There is nothing sadder to me as a business advisor than to watch someone come to the conclusion one day that the vision they had for their business and themselves is no longer achievable. Time is finite and certain mistakes become far too difficult to overcome. Being a perpetual optimist only works if you have the necessary time to act and that the actions have some chance of working. If you are not careful you end up with minimal options when this happens.
  
  Here are some big challenges I've seen well intentioned leaders create for themselves while managing their own sandbox:

• Apr 5 2013

  What Is Your Business G.P.A.?

  In my experience, five key fundamentals have emerged as the most important areas of focus for any business:
  
  1.You must identify and sell to new customers
  2.You must maximize revenue opportunities from existing customers
  3.You must manage your operations effectively and efficiently to maximize the bottom
  4.You must first meet and then ultimately strive to exceed the expectations of your customers
  5.You must recruit and retain talented employees
  

• Mar 29 2013

  10 Ways To Ensure Your Business Success As A Leader

  Leadership isn't rocket science. Creating the conditions for business success is actually pretty basic: be clear about where you are going and why; define what success looks like and track performance; make sure all of your key people on the same page; don't "wing it" when it comes to important decisions; ensure that every single employee knows how they fit in the big picture and what they are supposed to be doing; create a process for providing on-going performance feedback; hold people accountable for results (including yourself); be careful about who you hire and put in supervisory roles; provide extensive training and support; never stop communicating with your customers; and make sure everyone shares in the success of the business but also feels the pinch of nonperformance.

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