Helping Businesses Grow & Succeed
To allow failure but disallow incompetence To cherish creativity but shun lack of discipline To value team collaboration but not at the cost of individual accountability To cultivate an environment that is safe but also brutally honest To create non-hierarchical organizations full of strong leaders Inspired by The Hard Truth […]
We all may know of a family business torn apart by conflict. But a Columbia Business School professor writes in a Harvard Business Review article that, in fact, not enough conflict is also bad for business. Whether it is too much or two little conflict, “the business can suffer from […]
Even with the best intentions for a lasting legacy, family businesses find the odds stacked against them. Only about 30% of family businesses survive into the second generation, about 12% make it to the third generation, and only about 3% of all family businesses operate into the fourth generation or […]
For Olivia Wong, being a key player in the family agriculture business wasn’t always part of the plan – well, her plan anyway. When she chose her double majors at the University of Miami – motion picture production and history – it was about as far away from produce and […]
Have hiring plans for 2019? You’re not alone – 47 percent of Miami area small businesses plan to hire in 2019, according to a recent Bank of America survey. But with the national unemployment rate at the lowest level in 50 years, the tight job market overwhelmingly favors the job […]
New year, new goals. If as the owner of a business you have resolved to put a sharper focus on training this year, we have some advice for you. Small businesses, of course, don’t have the luxury of the large training budgets that bigger businesses have. But that doesn’t mean […]
Charles H. Green, founder and CEO of Trusted Advisor Associates, makes his living offering wisdom on how to build stronger relationships with clients and colleagues. At the core of his work is the study of trust and its importance in business success. The strongest form of trust is always personal, […]
For Atlantic Models, business is a family affair. That’s even more true now that the owners’ son has joined the company. The Miami-based maker of model airplanes, and client of Florida SBDC at FIU, is featured on MSNBC’s Your Business: https://www.msnbc.com/your-business/watch/model-airplanes-preparing-your-exit-plan-1384740419969?fbclid=IwAR30ebSQy1vND3BEclXy-UQ_qBXgTfO2A9m3tIhQeuLWLt9n9E5ACKCTekg
Stage 6 Company (96-160 employees) Stage 6, with 96 to 160 employees, requires a longer, more strategic focus for the leader and a laser-like focus on your ability to connect to your employees. You can no longer afford to be all things to all people. Your ability to differentiate yourself […]
Stage 4 Company (35-57 employees) The fourth stage of company growth (35 to 57 staff) is called the Professional Stage. This is the time you need to focus on hiring experienced managers who have been there, done that. Your company has outgrown your ability to keep all those balls in […]