Now more than ever, the future of business is one shaped by fast-paced innovations to technology and the way that work is done. In the past, emerging tech may have been exclusive to bigger businesses, but today there are plenty of solutions that specifically have SMB owners in mind.
Because tech innovations occur so rapidly today, the small business ecosystem—and the small business owners who may not have the insights or resources to keep pace with new tech sprints—risks falling behind larger corporations that are utilizing these solutions. That’s why it’s imperative to remain aware of emerging software, automation and machinery that may directly affect your business.
We live in a fast-paced world where technology changes our lives daily. For some it’s invigorating. For others it’s intimidating if not terrifying. With news about AI (artificial intelligence) getting smarter and more accurate, self-driving cars and trucks becoming more reliable, and neural networks communicating directly with people’s brains, it’s easy to see how people are getting nervous.
That change is coming is inevitable. What we do with it and how we handle it will determine our future.
Successful business leaders thrive on competition. They’re at their best when contending for the top customers in high-end markets. They may feel that if they’re not in the middle of a cut-throat battle with competitors, they must not be succeeding.
Do these statements represent your approach to business? While much as been written about competition and businesses that have been highly competitive and won, in reality, some of the most successful companies have won using very different techniques. They have changed the way they do business. They have made a shift to the blue ocean.
Being an entrepreneur is not an easy job. The multitude of trials and setbacks are not for the faint-hearted. However, it can also be the most rewarding career, though you need to give you all that you’ve got to actually make your business a success.
Choosing to take the path of entrepreneurship can be very difficult – starting from obtaining legal documents to managing your workforce. The difficulties also rise to new heights as you progress, so it is only important that you have a burning passion for your company so that you can overcome those difficult situations graciously.
Amazon, Intuit, Airbnb, Disney, FedEx and Uber…what do these companies have in common? They know their customers. They don’t just know about their customers, they know why their customers ‘hire’ them and their products to do specific jobs.
All of these companies are learning organizations. At their core is a deep desire to know why people and companies spend their money to purchase their products and services. They know the importance of constant learning, they know what they are competing against.
Words matter. In many situations, especially when it comes to leadership, what we say, and how we say it, determines our success.
Situations arise where emotions run high and the choices we make have significant outcomes. The pressure is high, how we react makes all the difference. These situations are referred to as crucial conversations.
Leaders often wrestle with how to best motivate their employees to rise above their current performance and execute at a higher level. One of the keys to helping employees in this regard is to have frequent and meaningful one-on-one meetings.
In a recent research study, Brian Westfall surveyed more than 300 employees to gain insight on what helps them engage more fully in their work. I recently sat down with Brian for a Q&A discussion about his findings.
Many working professionals are stuck in underpaid, intellectually unstimulating jobs, and at companies with no career growth potential. Do you know anyone in this position? Does this describe your situation?
In today’s competitive landscape, you need to take a different approach to landing the career of your dreams.
One of the key objectives of Lead on Purpose is to provide ideas and motivation to my readers to help you improve your success, regardless of your area(s) of focus. When I find things that help, I share them.
What do highly successful people do differently than others? They talk, think and approach challenges differently. They think about money differently. They are motivated in ways that are not common or natural to most people.