You Need to Have Buffers to Handle the Ups and Downs of Business
There are probably dozens of traits that come to mind when you think of what sets great leaders apart from the rest of the pack. But one of the most important things that every great leader understands–something that other might miss–is the importance of having adequate emotional reserves when you show up at the office every day. Continue reading Why You Need To Protect Your Emotional Reserves As A Leader
This article is excerpted from the book Great CEOs Are Lazy (Inc. Original Imprint, 2016)
Continue reading The Error of Uniform Time Allocation
You can get an immediate jump in productivity.
Accountability is a topic that lots of CEOs and leaders talk about. Specifically, most of their concern is that they don’t feel like their people hold themselves accountable to the things they need to do in driving higher levels of performance throughout the organization.
Continue reading The Simple Tool You Can Use to Keep People Accountable
What do you do when someone who is unquestionably brilliant is also a jerk?
We all work with someone who is unquestionably brilliant. You know the type: the person who consistently comes up with great insights and ideas and who can cut to the quick far faster than anyone else in the organization. It’s hard not to step back and admire how the person’s brain works.
Continue reading Why Netflix Doesn’t Tolerate Brilliant Jerks
If you don’t learn to embrace the art of delegation, you won’t be able to build your business. The 70 percent rule gives you guidance on how to do it well.
So when do you delegate a task? This central question stops many CEOs from moving tasks to their team. Continue reading When to Delegate? Try the 70 Percent Rule
Great leaders and managers know these 3 Simple Steps To Hold People Accountable
There is a common theme that many leaders struggle with: they don’t know how to hold their people accountable. Even if they are great at hiring A players, many leaders still are left with that feeling that their people could be doing more or better work.
Rather than first finding fault with the employee, a great leader looks first at him or herself. And when you take that look in the mirror, you might find that you have not been effective at holding your people accountable for their results.
The good news is that you can rectify this today and become a better leader with the help of three simple steps: Continue reading 3 Simple Steps To Hold People Accountable
It’s a question many CEOs start asking when their company reaches a certain size: Is it time for me to look for an advisory board?
It’s worth noting that the question relates to creating an “advisory board” which is very different than a board of directors or fiduciary board, which involves legal obligations.
In deciding whether you need an advisory board or not, you need to start by deciding what you want your board to help you with.
Continue reading Do you Need a Board of Advisors?
Eventually you can’t count on superhero employees and have to deploy systems if you want to scale.
In the earliest days of most companies, entrepreneurs can’t afford the systems that exist in bigger companies. Instead, entrepreneurs rely on hiring super-talented people skilled in doing everything from serving clients and delivering products to closing the books.
Continue reading How to Scale Your Company By Shifting From Talent to Systems
Sharing equity with your team can be a powerful motivator, and there are two basic ways most firms do it.
Continue reading Two Ways To Share Equity With Your Team
Every business has the occasional fire. When it hits, you should have plenty of people who we call “Firefighters” while avoiding folks we label “Snow Cones.
“Every business, from successful startups to well-established corporate giants, hits a rough patch or two. It’s just a part of doing business.
But if you’re going to weather those storms as an organization, you’ll need people who can handle the heat and won’t melt under pressure. In other words, you should be hiring plenty of who we might call “Firefighters” while avoiding bringing on folks we might label “Snow Cones.” Let me explain. Continue reading Are Your Employees Firefighters or Snow Cones?