Entrepreneurship is now one of the leading forms of self-employment among today’s youth. There are numerous guides on the A-Zs of starting your own business to maintaining profits to hiring employees, and so on in the form of books, magazine and newspaper articles, blogs, websites, etc. In recent years, there
When your team is neck deep in work, the last thing on your mind as a small business owner is to encourage everyone to use up their vacation time. Every day looms as another day that you’ll have to find someone else to substitute for them or take on extra
Ray Kroc, who grew McDonald’s into the hugely successful global franchise it is today, famously said, “you’re only as good as the people you hire.” This belief is not a shock to any successful business leader—nobody can build a great company alone. The question is: how do you find these
Time tracking is a controversial topic. It evokes images of teams clocking in and out of a factory floor or being tethered to their desks for 60 hours a week. Of course, those scenarios are awful. I don’t want to dismiss the very real ways that time tracking can become
There are a few certainties around the end of the year in my business. People will complain endlessly about performance reviews – giving them, receiving them, and coordinating the whole process. Productivity generally takes a dive as people are more focused on their holiday plans and upcoming vacations (though there
Here’s the thing – leadership and conflict go hand-in-hand. Leadership is a full-contact sport, and if you cannot or will not address conflict in a healthy, productive fashion, you should not be in a leadership role. From my perspective, the issues surrounding conflict resolution can be best summed-up by adhering
Company leaders are facing a crisis. Nearly one-third of employees don’t trust management. In addition to this, employers now have to cater to the needs of the millennial generation. On average, after graduating from college, a millennial will change jobs four times before they are 32. Most of them also
One main factor driving demand for cryptocurrencies is the reduction in supply that’s been seen in recent months, according to Lee. He notes that the rate of bitcoin units added has been more than halved over the past year, to 4.4% from 9.3%. With mining slowing down, bitcoin won’t reach its theoretical maximum number of units until 2045 or later.