1. Hire the right managers. Delegating before the right people are in place is a recipe for disaster. Unfortunately, getting the right managers often requires difficult decisions, because it can mean layering or replacing loyal employees who simply do not have the skill set to become managers. Although the decision can be gut wrenching, failure to…Read more
Before you jump into the world of entrepreneurs, answer these 5 Questions to Determine If You're Ready to Be an Entrepreneur. (via entrepreneur.com) 1. How comfortable are you with being uncomfortable? Entrepreneurship will mean a lot of uncertainty. If you’re the kind of person who needs a lot of control and a strictly scheduled life, you…Read more
Please think about your legacy, because you're writing it everyday.— Gary Vaynerchuck
Here's a quote to make us think about the legacy we will one day leave behind.
1. Be honest about what you can afford. Assembling a team isn't simply a matter of staffing up when you need help. The vital hiring metric for startups is overhead. Sure, it's tempting to look at overhead as a moving target by factoring in revenue projections and other hopes. It may be even more tempting…Read more