In this edition ...
The Law of Entrepreneurial Business Direction - Markers Everyone Can See... How to Make a Fortune ... Is Hiring a Family Member The Right Choice?...
Here is your weekly installment of Tuesday Traction Points - Key things I'm seeing and experiencing that give me, and the entrepreneurs I work with, Traction!
The Law of Entrepreneurial Business Direction
Markers Everyone Can See
One summer during college break I got a job on a land survey crew. For a few hot months in a harsh Arizona mountain environment, I gained a practical understanding of a Law of Geometry that I have come to realize also applies as a Law of Entrepreneurial Business Direction.
One of the rituals I discovered at the beginning of a work day on a survey crew was the critical step of establishing the primary point, or “triangulation station”. This was before Global Positioning Systems (GPS), and part of my job was to hunt around in unforgiving terrain to find established markers.
Click here to learn how to establish important "markers" everyone in your business can see! With them, you'll establish your current position and confidently move into a new place in the future! (3 minutes)
Is Hiring A Family Member The Right Choice?
By Sara Stern - September 10, 2020
Whether you’ve hired family members in the past or if it’s your first time considering it, the decision to hire a family member can be a huge one.
Recently, a family business owner called me to talk about whether she should hire her daughter to run operations in the business. The owner and their sister have run the business for over a decade and are a well-matched integrator and visionary team.
The business has been a successful one. Both owners have had a lot of fun building the business and they are both ready to retire. Now they’re considering hiring a member of the family to take over the Integrator role.
Click here to learn three tools that will help you separate Family Issues, Ownership Issues and Business Issues. (3 minutes)