When you have been running your own business for years, one of the things that you probably always keep in the back of your mind is who is going to become the successor after you retire. If no one in your family is interested in taking over your company, and your kids do not want to be part of it either, then you have to find yourself a suitable buyer. Regardless of whether you built the...
In dealing with the current and unfamiliar global crisis, smart stress management for both managers and their employees is becoming increasingly important.
Stress often arises in the work context when a person cannot cope with a task or challenge because important resources, such as time, money, work equipment or knowledge, are missing. In addition, problems such as uncertainty, unsafety, lack...
Finding a the right business partner for your company or startup is a difficult and time-consuming task. Unlike your colleagues or employees, who follow the directions and rules that you have set, your business partner is involved in all important decisions – based on which the future of the company depends – manages company resources, and has an equal say on business activities.
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In our last post, we talked about the most efficient and commonly used methods to measure customer satisfaction in your business.
Measuring the satisfaction of your customers is a key factor for the successful run of your company, and it is widely considered a firmly anchored principle in the corporate world. In fact, companies that have been thriving over the last couple of decades, have set...
One of many key requirements keeping your company profitable is satisfied, repeat customers who spread the word about your business.
It is no secret that some of the world's most successful and trusted brands – Amazon, Apple, Chick-fil-A, Hilton – are known for their “customer-obsessed” approach and put the satisfaction of their customers front and center.
Over 100...
Despite the global economic crisis in 2020, the entrepreneurial aspirations of most people have not died out, and they continue to evolve in 2021. According to Small Biz Genius, 79% of American entrepreneurs, who were planning to start their own business in 2020, say that they want to redouble their efforts to make their startup prosper within 2021-2022, and their desire to move forward with...
For some of the most famous entrepreneurs in the world, success comes early.
We have all heard or seen the story of Mark Zuckerberg, co-creator of Facebook while only 19 and studying at the University of Harvard. Zuckerberg was a billionaire at 23. Or Evan Spiegel, who co-founded Snapchat when he was 20 years old and, by the age of 26, had become one of the richest people on the...
In 2020, Statista.com reported that there are more than 75 million podcast listeners in the US alone, who listen to podcasts on a regular basis. In fact, one third of the country’s population (32%) listens to podcasts at least once a month (Edison Research, 2019).
There is no doubt that interest in podcasts is growing rapidly, not just in America, but also all around the world, as...
Remember when you first had the idea for your business? Excitement, adrenaline, and motivation fueled your actions to bring your vision into reality. Sleepless nights, nail-biting episodes, and perhaps midnight calls were part of the journey to success.
How do you feel about your business now? Are you passionate...
At the start of 2020, no one could have predicted the radical changes that would happen across the economy and every aspect of society. Business owners and their employees had to shift to meet online customer demands, accommodate work from...
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