Leadership

America celebrates liberty and the world is the beneficiary

July 4, 2022 by Jim Blasingame

Seven score and nineteen years ago, in his inspired speech at the 1863 dedication of the Gettysburg Cemetery, President Lincoln delivered these immortal words: “…our fathers brought forth on this continent, a new nation, conceived in liberty and dedicated to the proposition that all men are created equal.”

Four score and seven years earlier, one of those “fathers,” an inspired Thomas Jefferson (with suggestions from no less an able editor than Ben Franklin), authored what is arguably the most momentous secular document in history. The second paragraph of America’s Declaration of Independence begins with this passionate passage: [Continue Reading]

What Love And Patience Have To Do With Negotiating

June 28, 2022 by Jim Blasingame

Negotiating is a process of communication between two or more parties to reach an agreement on future behavior – like when you’re purchasing a small business, leasing an office, hiring an employee, selling a product, or trying to get a two-year-old to take one more bite of peas.

Let’s look at the two key words in that definition: process and communication. [Continue Reading]

Why you should have a close – and profitable – relationship with failure

June 7, 2022 by Jim Blasingame

In my reading over the years, I’ve consistently been drawn to autobiographies of people who took great risks and found greater success. Of course, you can’t go wrong reading about the great intellects and leaders like Washington, Lincoln, Churchill, etc. But my favorite autobiographies have been those who are/were alive during my life because I could identify with the issues they were up against.

Contemplating why I’ve been drawn to this genre, eventually I realized it wasn’t because I was in awe of their celebrity, riches, or other success markers. It was because in every honest autobiography there is a heaping helping of examples of how that person failed. Modern failures. [Continue Reading]

Do you – and your company – need a vacation this year?

May 24, 2022 by Jim Blasingame

Could you use a vacation this summer? You know – like for an entire week.

Well, according to our most recent online poll, over two-thirds of respondents allowed that they’re going to take a vacation for at least a week. Pretty sure this is close to a record on this topic, and it’s probably some kind of a pandemic-in-the-rearview-mirror reaction.

It must be said that, for small business owners, a vacation isn’t just for the rest and relaxation. Most of us realize time away gives any leader a better perspective upon returning. This brings us to what for entrepreneurs may be a better question: Could your business use a vacation from you? Of course, it could. Your absence will reveal organizational weaknesses that need attention, as well as strengths you may have overlooked.

Regardless of your motivations, here are four ideas to help you consider taking more time off. [Continue Reading]

Will your business be successful? Depends on how you answer these HR questions.

May 10, 2022 by Jim Blasingame

1. What is your business’ annual training budget?

2. Are your employees successful?

3. Who are your key employees?

Now, let’s compare your answers to what they reveal about the future success of your business.

1. What is your business’ annual training budget?

While you’re chewing on that, let me point out one of the HR practices that Big Businesses are known for, and which small businesses should emulate: a legendary commitment to training. Alas, too many small firms conduct training after a fashion, if at all, and likely with no budget.

Historically, big businesses have had an advantage in this area because they have the resources to pay for structured training programs, and the staff redundancy to give their people time away from their assignments to acquire training. But thanks to the Internet, and thousands of companies that develop and distribute convenient and affordable online training programs, small businesses can acquire training in a wide range of disciplines without breaking the budget and with a minimum of lost production.

So how’re you coming on that training budget answer? [Continue Reading]

Who’s Doing The CEOs Job In Your Small Business?

May 3, 2022 by Jim Blasingame

Every business has specific assignments that must be performed by the Chief Executive Officer, a.k.a CEO. Not the founder, owner, or manager; the CEO.

It’s not difficult for a small business owner to understand the role of general manager, because that assignment comes preloaded with day-to-day operation stuff, which is always chock full of actions and reactions. But it’s another matter to get that same person to isolate a CEO’s strategic foresight assignments from a manager’s tactical tasks required to open the doors and serve customers today.

A CEO’s job is to carve out and commit to the time, energy, and assets to develop the strategies that make sure the business’s doors are still being opened next year and the year after. Let’s look at the three focal points of the job of CEO. [Continue Reading]