Category Archives: Managing Employees

Employee Confidentiality: Circles Within Circles

The father of a friend, a rancher in South Texas, conveys confidential information by preceding it with the following caution. “Now I’m going to tell you a secret, and you have to swear not to tell another soul. And when … Continue Reading

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Employee Motivation: The Effect of the Economy

In 1979, President Jimmy Carter delivered his “Crisis of Confidence” speech, commonly referred to as his “Malaise Speech” although he never actually used that word. To a country reeling from stagflation and an oil crisis, it was an additional blow to … Continue Reading

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Management and Teachers: Accountability Requires Authority

In Chicago, the city and the teachers’ union are approaching an agreement. Interestingly, neither side said that the strike was over wages. (According to NPR, the average teacher makes just over $76,000 a year, and will receive a raise of … Continue Reading

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Employ People; Don’t Adopt Them

I cringe when a business owner tells me “Our company is just like a family.” I have a family, and thankfully my business is nothing like them. Family members have the right to unconditional love. They can make mistakes (and … Continue Reading

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Unlimited Time Off From Your Business

The second “rule” on our downloadable poster “Your Rights and Obligations as a Business Owner” is: “You have the right to unlimited time off with pay.” followed by the corollary obligation; “You have an unlimited obligation to customers. Business deadlines … Continue Reading

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Where’s Waldo?

An old New Yorker cartoon depicts two men walking down the streets of Manhattan. “The think I like most about being the Boss is that you get to make your own hours.” one says. “Yes,” the other replies, “as long … Continue Reading

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Entrepreneurs Love Paperwork

Entrepreneurs love paperwork. Not. The truth is that most entrepreneurs hate paperwork with a passion otherwise reserved for the college team that ran up the score on their alma mater year in and year out. If I want to get a guaranteed … Continue Reading

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Is It All About the Money?

If you have more than ten employees, and an outside observer (like me) asks them confidentially to say in one word what their boss cares about the most, what do you think they will answer? We’d like to think that answer … Continue Reading

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Absence Makes the Heart Grow Fonder (Not!)

When you are in love, separation from your loved one is painful. The longer you are separated, the more you want to be together. The saying is attributed to Thomas Haynes Bayly, a popular (but fairly light weight) writer of … Continue Reading

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The (pen)Ultimate Hire

Every sane business owner will acknowledge that there is a point at which his or her own skills are no longer sufficient to grow the business beyond its current level. The revenue point where that happens differs by industry, but it frequently begins at … Continue Reading

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Employees aren’t Partners

Many of my clients are recovering from the recession. They are running lean, and have restored their profitability, even if at lower revenues than prior to 2008. Those that had to reduce or freeze employee compensation are seeking ways to … Continue Reading

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Another Lost Generation?

I had the opportunity to present “Beating the Boomer Bust” twice this week, one of which was recorded for a Texas Public Radio show this weekend. For those who aren’t familiar with the piece, it discusses the massive changes that … Continue Reading

Posted in Business Perspectives, Economic Trends, Exit Options, Exit Planning, John's Opinions, Managing Employees, Selling a business | Tagged , , , | 2 Comments