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…
Meet Artificial Intelligence: a fully functioning member of our society — and whether people are aware or not, we're all using it in our everyday lives. Here are some examples.AI algorithms are integral to social media. They curate content, make friend suggestions and provide that "personalized experience" we often hear…
Over the past few days, I've been pleasantly surprised at an increase in productivity and "good work" by my newly hired COO. I shouldn't be surprised, but I am. See, in the past, I've hired cheap labor to do "tasks," like video editing, blog writing, graphic design and more.Many of…
If you have a tween girl, you've probably heard of Rowan. It's the cool brand for piercings, where licensed nurses insert hypoallergenic studs into thousands of ears every day. With more than 500 employees, it's on track to have 65 stores and an annual run rate of $100 million in…
Few players matched Baron Davis's electrifying, explosive energy in his prime. The two-time NBA All-Star dazzled fans with his high-flying dunks and crafty ball handling. Since his retirement in 2012, Davis has become Mr. Multi-Hyphenate, doing everything from cultivating a diverse investment portfolio to filling up his IMBD page with…
This Side Hustle Spotlight Q&A features Boston-based brothers Kirk McKinney, 21, and Jacob McKinney, 19. The McKinney brothers are the founders of Junk Teens, a seven-figure junk-removal business that repurposes, resells and donates "as many items as possible" and provides job opportunities for other local teens. Responses have been edited…
It often seems like the only path to success is through ruthless competition. Entrepreneurs are frequently warned about the so-called "wolf culture," where the primary focus is on fierce competition and self-interest. This mindset fosters an environment where success is seen as incompatible with compassion and where many believe that…
At some point in your career, you may be in a rut, relying on outdated leadership approaches ill-suited to the emergent challenges and dynamics you encounter in your organizations and industries. In other cases, a job change may usher you into an unfamiliar organizational environment or industry, leaving you to…
If I asked you, "What is your legacy?" What would you say? Is it your family, your wealth, a foundation you launched, or, if you're an entrepreneur or business owner, the company you created that defines who you are and how you will be remembered?For many in the business world,…
Michael Palmer, CEO of McConnell's Fine Ice Creams, is on a mission to revitalize a legacy brand without losing its cool factor.The ice cream brand has been around since 1949, but Palmer took it over in 2012 and knew he had to tread carefully by respecting the brand's deeply loyal…
As an entrepreneur, you're constantly juggling multiple responsibilities and making crucial decisions that impact your business's success. One of the most critical aspects of this journey is managing your finances effectively. Strong financial management not only ensures your business survives but also helps it thrive in the long run.Whether it's…
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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