Category: Leadership

Exit stage left, centre or right? Why you need an exit strategy for your business even before you start

It seems strange to be planning to exit your business before you even get started. But this is something that all savvy entrepreneurs do when preparing to launch a new company. It only makes sense. You owe it to yourself, your employees, and your other stakeholders to have a plan in place for the time when you need to move on. This kind of change, even if it’s a positive move for the business, can be difficult and distressing for people who’ve been with you from the start. So it’s important to start thinking about your options as soon as possible. Here are some of the things you should be considering – even at the start of your journey – in preparation for an exit scenario.

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Likeability in business: What is it and where can I get it?

What are the traits required to be a business success? A capacity for hard work, certainly. An appetite for risk, no doubt. Determination and a resilience to set-backs, absolutely. What about likeability? Plenty of entrepreneurs out there will have grown up in the belief that ‘nice guys finish last’, that business is no place for the weak and, therefore, you have to put on a tough exterior if you are going to come out on top. This may have been true once upon a time, but attitudes are changing and the value of traits such as empathy, understanding, and self-awareness is rising all the time. In this article we look at what likeability is in business and how you can achieve it.

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Why an unhealthy CEO is bad for business

As a CEO or business leader you may think your health and your business are two separate things. But it’s not true. Few CEOs would like to admit it, but these two aspects of life rely on each other in a fundamental way. When one falters, so does the other. Poor health and a poor lifestyle on the part of the CEO can result in the decline and even the death of the business. In this article we look at what you need to know in order to stop that from happening.

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A businessman

Machiavellian principles and modern businesses: Top 10 lessons for entrepreneurial success

When you embark on your treacherous journey into the realms of entrepreneurism, there’s just one thing you know for sure; it won’t be easy. So how do you achieve success and build an empire that’s secure? You might want to look into using a somewhat Machiavellian system. Before you gasp with sheer horror, you should understand that the late political writer was not the moustache-twirling villain he’s portrayed to be. Instead, he was a visionary who set out the key principles for a stable government in his book, The Prince. On reading Machiavelli’s work, many have gleamed priceless knowledge, which they have then applied directly to their own endeavours. In this article, we look at Machiavelli’s top 10 lessons for entrepreneurial success.

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The experts weigh in: Seven killer questions to use when conducting interviews

A survey by ERE Recruiting Intelligence estimated that each corporate job can attract around 250 CVs and out of those candidates only four to six will be interviewed, until one is selected for the position. So how do you get to that one, right person? Let’s be honest, gut feeling. And that comes through getting the type of information that will help your gut make the right call. Start with these seven questions. 

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How to become a motivational leader

It’s one thing to be motivated. It’s another to be motivational. Over the years, the vast majority of investigations into what motivates employees have come to similar conclusions: It is not always the more obvious incentives such as money, rather it is the actions of other people, often those in senior positions. Inspiration, praise and acknowledgement from leaders ranked higher as effective motivators than financial incentives such as pay raises and bonuses. If employee motivation is so important, and the source of that motivation more often than not comes from leadership, the next question is: What are you doing to ensure you are a motivational leader?

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Are you being a nice boss?

In a paper titled Happiness and Productivity from the Department of Economics at the University of Warwick it was found that happiness made people around 12% more productive. This was based on studying over 700 participants. A lot of this starts from the top – with how you, the boss, behave. So ask yourself, are you being a nice boss? Have a look at our six-point checklist to see if you make the grade.

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Five ways the startup leader is failing the team and the company

A poorly performing startup owner with an inflated sense of self (or simply one who can’t make decisions) is likely to create more challenges than solutions. The result of bad leadership can be conflicts with and between staff – and a business that will turn in the wrong direction. in short, bad leadership could easily derail a startup. So here we identify those negative traits that will likely mean a founder doesn’t get good results from employees.

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How to get the most out of these five employee types

Sometimes you will just know how your staff are going to react to tasks and challenges. But for those other moments when you’re surprised by them, here is a guide to five types of employees that every boss will recognise, and some vital tips on how to get the best out of each of them.

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5 signs your business has what it takes to make it

While your startup may be doing ok, you are still not experiencing the dizzying heights of growth that you want to achieve. Well don’t be hard on yourself – these are the early years and there’s a long way to go. What you should be doing, though, if reaching those dizzying heights is in fact your goal, is to ask yourself if indications are there that you are heading towards those bigger things. There are indeed telltale signs, and in this article we look at five key ones.

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