It’s nice to think that you don’t have to compete, but that’s naïve. There are usually a number of players trying to satisfy a customer’s need in the same market space.
When you explore with positive intention and forward momentum, you expand your influence factor.
First-to-market strategies can be successful if a business is prepared and understands that their time in the limelight is limited and then must be ready to move on to the next big thing.
Positive cash flow can help maintain operations, adapt to changing business needs and ensure the company continues to run smoothly.
You achieve a faithful following by earning it. People are smart. They can sense when you, as a business, have their best interests at heart, versus when you’re solely out to maximize profit.
I had breakfast this morning with two fellows who enjoy business as much as I do. We all left with more energy and scheduled another meeting. If you head for the office (or factory or airport) without that feeling at least half of your days, you’re squandering your life.
We can create better environments with higher EQ and ultimately keep talent from leaving. But we have to manage this.
Recent headlines about Facebook panicking because their AI bots developed a language of their own have us hitting the alarm button once again. Must we feel unsettled with AI in our futures?
Working in a startup is not easy. It means a lot of work, being flexible and agile. With a lean team, we all strived to make the product, sale, experience and company better.
Change in leadership does matter to the stock price; just be careful who you bet on, because it can go either way.
Connecting dots, making assumptions, analyzing data and imagining different outcomes are all necessary skills for successful executives.
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