"You’ve got to know when to hold ’em, know when to fold ’em, know when to walk away, know when to run." This iconic hook from the song "The Gambler" is about more than just playing cards. It’s also a metaphor for many circumstances that we encounter in life and business. Knowing when to end a dead-end job or a toxic relationship is critical to maintaining a happy life.
How often do you dread coming to work in the morning? Even for business owners who love what they do, sometimes getting out of bed and coming to work can be a chore. Putting a priority on developing a company culture that inspires your employees to have fun at work can help take the dreariness out of the everyday mundane. While not all businesses have a budget to implement all of these ideas, you can find some creative juice from what these companies have put in place to make their workers enjoy the workplace.
Entrepreneurs are a different lot. It takes a certain type of person to hang out there on the edge and take calculated (and sometimes not so calculated) risks. The rush of adrenaline that keeps tycoons in the sweet spot of success can wear a person out, though. The hard-charging, always-ready attitude is a unique quality that has its own set of rules when it comes to taking a little downtime without losing precious time and opportunities. The following are excellent strategies for how to recharge for moguls of business.
If you ask any business professional what they dread on their calendar the most, many of them would tell you the same thing: all of those pointless meetings. You’d be hard pressed to find someone who hasn’t been pulled away from their desk at the most inopportune time, only to sit in a room and hear people convey information that they either already knew or that they didn’t need to know in the first place.
Building a team is an inherently personal proposition, regardless of the industry in which you’re operating. These are people that you’ve hand-selected based on their unique strengths to come together to form a complete whole. When everyone is firing on all cylinders, a well-designed team is more than just a tool – it’s a reflection of yourself, of the type of work you do, and of the quality of the product you’re about to deliver.
Any marketer worth anything will tell you that the key to increasing sales is to use A/B testing to determine which sales tactic is more successful than another. If you’re not familiar with it, A/B testing (sometimes called split testing) is comparing two versions of something to see which one performs better. With that in mind, have you ever wondered why some tactics are more successful than others?
One of the key things that all successful team leaders find a way to overcome is the simple human need to be liked. When you’ve finally risen in the ranks and find yourself in a position of authority, it’s natural to want everyone to see you as "the cool boss" or "the friendly boss." While this is absolutely recommended to a certain extent and it’s a whole lot better for productivity than barking orders and becoming the boss that everyone hates, you still need to know your limits. You need to draw a line in the sand and establish yourself as a team leader by setting boundaries for both yourself and those beneath you. This is something you can do in a few different ways.
Let’s face it – we all have our quirks. Part of working with others is the opportunity to develop collaborative working relationships. Other people’s habits and behaviors affect us when we are in a shared environment. In many instances, these are the people that we interact with for the majority of our days. As a natural result, friendships form as trust and respect are gained from our day-in and day-out interactions. You may have experienced this in your own company. And then, one day… BOOM! Like a bolt of lightening, an employee begins to engage in storytelling that looks and smells an awful lot like gossip.
Modern technology has ushered in a bold, new era in terms of employee productivity. Case in point: thanks to not only cloud computing but mobile technology, almost ANY employee can become a remote worker if they truly desire. Employees can be just as productive at a coffee shop as they could from their desk in the office, which has meant big things for businesses in all industries. For the people tasked with actually managing these remote employees, however, it can quickly become a challenge, to say the least.