Whether executives, entrepreneurs, or investors, we all tend to place a higher value on professional experience when determining who to hire, when to promote, where to invest, or who to trust with challenging projects. It does seem like a reasonable practice, and we all think we do a good job; except we don’t! According to […]
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Category: Entrepreneurship
Careful who you hand the wheel to in a crisis…
The immediate focus of most companies is shifting from Long Term to Short Term, and from Innovation and Growth to Cost Control and Operational Efficiency. Many Boards and CEO’s, as they should, are assessing the “people at the wheel” across divisions or functions trying to determine fit for the current environment. Unfortunately, some think this […]
Be like a slingshot…
I have a passion for helping entrepreneurs. For a couple of years, I kept an eye on a young entrepreneur, a college student at the time, we’ll call him Barry, who had impressed me and his professors as a hard worker, honest, and dedicated, and who wanted to start his own company when he graduated. […]
Trust – Has a different meaning in business
Most words have a denotation and a connotation, and “trust” is no different; In a very generic sense, I think “Trust is a condition, or internal state of mind, I reach over time that allows me to set my expectations with relative confidence as to the future behavior of, or the outcome from a commitment […]