Exceptional leaders often excel as skilled storytellers, and for good reason. Once a company hits a certain level of organizational complexity, one of the most important tasks the CEO has is to craft intellectually coherent and captivating narratives about the firm, its purpose, and its performance. Failure in this task means undermining the very existence of the company; a sin…
Taking breaks has long been (unfairly) associated with unproductivity, so much so that it can feel like a disadvantage in this fast-paced, highly competitive world.However, seasoned entrepreneurs understand the importance of scheduling breaks, not only for physical and mental health care but also for business sustainability. Strategically scheduling them into…
Even though billionaire investor Nelson Peltz may have lost the battle for a Disney board seat in April, he just scored a financial win by selling all of his Disney stock.Peltz, the 81-year-old founder of multi-billion dollar hedge fund Trian Partners, has made $1 billion by selling his stake in…
A new trend in the B2B SaaS sector has started to challenge traditional corporate marketing strategies. The term "founder-led marketing" leverages personal branding to establish a strong brand identity and build direct relationships with customers. However, with the traction this strategy is getting, I can't help but wonder whether this…
In the bustling world of startups, the concept of "sweat equity" often buzzes in the background, unrecognized yet vital. Founders pour their time, expertise and relentless energy into building their ventures from the ground up. While financial investments are typically acknowledged and rewarded, the non-financial contributions — or sweat equity…
Respect. It permeates every interaction, every word, every glance. There are times, however, when disrespect lurks beneath the surface, hidden in awkward silences, passive-aggressive jabs, or gradual erosion of boundaries.It's easy to feel unheard and undervalued when you receive subtle hints like these. However, before you spiral into self-doubt, take…
Strategy isn't optional — it's your business lifeline. Although it's tempting to get lost in numbers, margins and growth rates, these metrics alone won't ensure your success. You need a comprehensive plan that goes beyond figures — aligning with your company's core strengths and with the competitive landscape.Perhaps the most…
Would you rather be a leading visionary for your company but have disorganized management, or have structured systems with a productive team but no time to drive innovation for your business? Do you have to choose between the two?As a business owner for the last decade, I have learned there…
Deploying technology is typically a challenge among startups aiming to grow quickly. The startup understands its technology's benefits, but it may not be widely known in the marketplace. Based on my experience, it is useful for a startup to take on corporate investment as a way not only to secure…
This week on How Success Happens, I spoke with Adam Wexler, the CEO and co-founder of PrizePicks. Wexler has had an amazing career, and I was curious to learn about his journey to becoming an entrepreneur and his tips for success.You can listen to our full conversation above, and below,…
In sports movies, coaches are larger-than-life figures, delivering inspirational speeches, running up and down the sidelines or even getting kicked out of games. One of my first soccer coaches had a much more understated style. Before games, he wished us luck with a cheerful smile. He certainly was not detached,…
In a declining economy, startups face an uphill battle when it comes to securing funding.…
With all of the recent news about artificial intelligence (AI), it got me thinking about…
A while back, I took a couple of my grandchildren on a tour of the…
Startups face numerous challenges on their journey to success, and failing to overcome any one…
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