My day job is running a company called The Value Builder System™ where we help owners improve the value of their businesses, often in the lead-up to a sale. One of the core principles of creating a more valuable business is ensuring your business can run without you and this is often a factor that leads owners to consider open-book management.
I like the theory behind open-book management because the main idea is to get employees acting like owners. Empowered employees, the theory goes, are the best positioned to solve your company’s thorniest issues as they are the ones closest to the problems. In theory, people feel more like they are part of a bigger cause and this has the potential to contribute positively to a company’s culture.
Something’s changed in what’s expected of the entrepreneur. Ten years ago, people were excited to just start a business, to create their own thing so they didn’t have to go work for someone else. They wanted to make a good living, buy a house, and be able to pay for their kids’ college.
But now, entrepreneurship seems like a sport. And the score depends on scale. How big can you get? How fast can you get big? How much power can you amass in the shortest possible time?
With entrepreneurs on the rise, there are creative businesses taking off each day. Kickstarter, a valuable crowdfunding tool for inventors, artists and entrepreneurs, helps gain financial support and attention for innovative ideas across the globe.
To stand out on Kickstarter, you must be unique. Businesses that find the most success on the platform are those that stand out from the crowd. Here are 11 Kickstarter projects we wish we’d thought of first.
The cabin crew’s secret to avoiding jet lag.
I eat nothing on flights. I’ve talked to a lot of stewardesses about it, and it’s a stewardess secret. Ten years ago, it was [a cabin crew member] on Singapore Airlines on what was, at the time, the longest flight in the world (17 hours from Singapore to New York). She told me that her tried-and-true trick was not eating in-flight. Basically, at superhigh altitude, your digestive system shuts down completely. Someone said to me it’s like being under anesthesia. So when you get off the plane, everything restarts and [your digestive system] has so much more work to do and so it makes you more tired.
The company is updating the feed in its Google app to provide more in-depth, personalized context about news and information shared around the web.
Starting Wednesday, Google app users will see a new look for their feeds — under the usual information cards, the app will show related links, like fact-checks on some news stories or additional coverage. It may also show movie times for a new film, a favorite sports team’s latest scores or news related to a destination you’re planning to visit on vacation.
Users will also be able to follow topics that interest them. For instance, if you see a story about Amazon CEO Jeff Bezos, you can tap on the card in which the story is displayed to follow news and updates about Bezos. The app will also factor in trending stories.
Byron Katie, a great teacher, looks at the world as: “My business. Your business. And God’s business.” All I have control over is my business. No one else’s behavior falls under “my business.” I do control the choices I make and the boundaries I set. That is it. That is all we each have.
No blogger ever wants to allow any errors in their content. We do our best to have our articles and other content 100% error-free because we do not want to be viewed as some illiterate rednecks. While we know that allowing a single spelling error by accident does not make you an illiterate redneck, we also know that the Internet is a very competitive and often aggressive environment.
“What can they possibly know about anything if they write as if they never went to school!” No blogger wants to find anything like that in their comment sections. Hence, we realize that we should not rely on our writing skills alone, especially when there are some many online tools to help us ensure the quality of our content. So today, we would like to take a look at the most popular inline proofreading tools and see what makes them so popular.
Sometimes surprises can be fun, but they are definitely not welcome in business, and one way to prevent those unwanted surprises is by planning ahead. Mapping out the future of your business can be tricky, especially with so many external influences at play, but it is not impossible. Looking ahead can save you a lot of stress in the long run and keep your business running efficiently and economically. So how is it done?
Goal setting in general in your business is a great way to stay motivated and keep on top of your aims as a company. Having a calendar with set dates to achieve your goals will help you to plan ahead and utilize your time effectively, as you have something specific to work towards. It is also important to make these goals achievable, not things like ‘become the world’s biggest search engine in a week’, because expanding a business is a long process. This may be your end goal, but it is not going to happen overnight! The little things are indeed important, so setting up a calendar to plan ahead to achieve these is imperative.
Widespread opioid abuse is tied to a fall in the share of Americans working or looking for work, the head of the US central bank said on Thursday.
Federal Reserve Chair Janet Yellen said she was not sure if it was a cause of the decline or a symptom revealing more longstanding economic problems.
Technological changes and an ageing workforce also contributed, she said.
The Centers for Disease Control (CDC) estimate that prescription drug abuse costs $78.5bn (£61.5bn) annually.