Can women business owners expect to generate the same or higher profit as male owners? How has COVID impacted business outcomes?
Let’s take a look at some facts about why female business owners face unique challenges, along with practical ways to offer support.
Continue reading “The 5 Challenges of Being a Female Business Owner”
More Companies are Owned by Women, Especially Minority Founders
Women’s History Month might be over after March 31, but female business owners have a year-round impact. In the spirit of International Women’s Day and this year’s motto, Break the Bias, we can envision a world that is more diverse, equitable, inclusive, and where differences are valued and celebrated.
Let’s take a look at some facts about what makes female business owners unique, along with practical ways to offer support.
Continue reading “7 Characteristics of Female Business Owners”
The pilot skillfully descends, hits the tarmac smoothly, and taxis to the hangar. What happens after the plane lands?
Rest & relaxation would be nice, but pilots always do a post-flight inspection of their aircraft. Not only do they make sure that everything is in working order, they also inspect every system for signs of possible malfunctions that could affect the next flight.
Business owners can avoid potential loss or harm by conducting both a Pre-Flight Check of events or projects yet to occur, as well as a Post-Flight Check. Let’s take a look at what you can do once a project ends.
Continue reading “Doing a Post-Flight Check of Your Business”
An airplane pilot has the responsibility to conduct safety inspections—both before they take off and after they land. Diligent maintenance checks can help to avoid things going wrong: equipment failure, accident, injury, or a catastrophic crash.
Before launching a project or initiative, risk intelligent business owners can identify potential vulnerabilities by conducting a Pre-Flight Check. This evaluation can reveal valuable information that is both quantitative (numbers) and qualitative (experiences and sensations).
Continue reading “Completing a Pre-Flight Check of Your Business”
Many of us get stuck in a bad cycle where we try to get results, but we end up feeling powerless to actually get the tasks done.
Let me share what I have learned about helping customers, and why it’s better to define your philosophy, write out policies & procedures, and expect at least a few people to be unhappy no matter what you do.
Continue reading “6 Things I’ve Learned After Serving Non-Ideal Customers”
The StrengthsFinder assessment is one of the most useful tools I have ever found.
If you’re not familiar with it, you can read all about it in my previous article, How to Apply the StrengthsFinder Assessment.
Today, I want to explain how this tool is especially useful for business owners.
Continue reading “8 Reasons to Take the StrengthsFinder Assessment if You’re a Business Owner”
As one of the most prolific personality assessments in the world, StrengthFinder® is a tool that can help identify your decision-making process and unique perspective.
In this post, I will explain how to use this assessment for self-awareness, why the “Balcony and Basement” concept is important, and how often each talent occurs.
Continue reading “How to Apply the StrengthsFinder Assessment”
This is the final in a 3-part series about Pain and Decision-Making.
Part 1 | Part 2 | Part 3
In previous posts, I described ways to see pain objectively, and how to identify pain points, and ways to fix them. In this article, we’ll be examining some difficult topics that most leaders tend to avoid.
Continue reading “5 Painful Discussions That No Organization Should Ignore”
A SWOT analysis is a strategic planning tool to identify and fix vulnerabilities in your organization. It allows you to review your company’s Strengths, Weaknesses, Opportunities, and Threats. Read How Do I Make a SWOT Diagram? to get an overview.
When used properly, the SWOT provides insights about root causes that might be causing negative outcomes. However, it is often treated like a once-and-done process, without any further analysis.
You can get the most out of a basic SWOT Diagram by going deeper, using what I call the Super SWOT.
Watch the video, or read more below:
Continue reading “How Do I Make a Super SWOT Diagram? Using Real Examples [Video]”
The SWOT analysis is a simple tool to identify and fix vulnerabilities in an organization.
When used properly, it provides insights about root causes that might be causing negative outcomes. However, the SWOT is often used as a once-and-done tool without additional analysis and follow-up.
Watch the video, or read more below.
Continue reading “How Do I Make a SWOT Diagram? [Video]”