Strategy Management

by Edward D. Hess, author of “Hyper-Learning: How to Adapt to the Speed of Change“

The times they are a-changing… and so is the nature of our work. And as our familiar world crumbles around us (thanks, COVID-19!) — and technology keeps snapping up more and more of the tasks humans have always done — we’ll need a whole new set of skills. And that means leaders have some very bad habits to break.

If you’re looking for a good resolution for 2021, don’t focus on new things to start doing. Instead, vow to quit some old, counterproductive leadership behaviors that don’t work in today’s world.

The new world we’re entering has flipped everything upside down. The skills, mindsets, and ways of being that were once prized and sought after have actually become liabilities. And yet too many leaders can’t seem to get with the new program.

It’s … Read the rest

by Richard Roth, Founder of Progressive Tech

Starting any new venture in life is an exciting time, be it a business or any other endeavor. Odds are it will almost certainly require more sweat, time and determination than you expected. During these tumultuous times, when established systems collapse and change, new opportunities are constantly being created. Out of any great challenge, new entrepreneurs rise up to fill new needs and desires. Don’t let technology be a burden. Like any powerful tool, it can either be instrumental, or a complete barrier to success.

This season, in preparation for a successful new year, here are some tech tips that entrepreneurs can implement right now to build security and momentum into 2021:

Use the best security measures across the board.

You’re only as secure as your weakest technology/user. Always use multi factor security measures wherever possible. Consider using a password generator and/or a … Read the rest

As a hard-working entrepreneur, you probably have been encouraged to think that sleep is for the weak. After all, “you snooze, you lose,” right?

The reality is that sleep deprivation can negatively affect your overall health. If you suffer from sleep insomnia, you are probably aware of these unwanted side effects.

Here are the four secrets to battling insomnia as a startup founder.

Decompress Before Bedtime.

Many startup founders work right until bedtime. The problem with this routine is that you’ll end up thinking about work while lying in bed. More than likely, you’ll pay for it the next day.

A better strategy is to stop working at least an hour before bedtime. By doing so, you’ll have time to decompress, whether you spend the time before bedtime reading fiction, working out, or talking to a friend.

Engage in Regular Exercise.

Most people know that there are several health benefits … Read the rest

What would your business look like if you were able to increase your retention rates by 10 or 15 percent? How much more profitable would you be? These are questions worth considering as you start fresh in 2021.

What Makes a Loyal Customer?

Customer loyalty is something that businesses have been after for decades. And in today’s competitive environment, it’s something that’s harder to obtain than ever before. Today’s customers – particularly younger consumers – are less brand loyal and tend to switch between brands they see as “basically the same.” However, loyalty is still something that can be achieved if you’re committed enough.

Customer loyalty is typically the result of a proprietary blend of price, value, experience, quality, convenience, notalgia, and expectation. And in the world of social media, there’s also a degree of social acceptance involved. (“What will people think?”)

By cultivating loyalty, you ultimately increase profitability … Read the rest