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…
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,…
"I love the notion that once you fall in love with the food, you fall in love with the culture. That's really what we want to do with SOMOS," says Miguel Leal, co-founder and CEO of SOMOS Foods. "There is often a blanket approach when it comes to Mexican food.…
The mentality of the dotcom era of the late 1990s and early 2000s was all about hard work, grit and a willingness to prove ourselves. It was such an exciting time, and it didn't matter what company we worked for; we just wanted to be part of the movement. And…
As entrepreneurs, we know effective communication is essential for running teams, managing clients and growing our businesses. But what happens when the core vehicle we use for communication starts making our work less effective and enjoyable?According to Harvard Business Review, modern executives spend over 20 hours weekly in meetings, and…
Let's face it: it can be discouraging to hear "no" throughout your career, especially when you want the chance to prove yourself. But that's where resilience, hard work, grit and determination come in. When I applied for a role at a small marketing firm as a new college graduate, my…
Disgruntled or disenchanted employees are quietly giving up, merely doing the bare minimum required at their jobs. This growing trend, known as quiet quitting, signals a critical shift in today's workplace dynamics. Once driven and engaged, employees are pulling back, minimizing their efforts and emotionally detaching from their roles. But…
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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