Mondays get a bad rap, but for entrepreneurs they should be like lighter fluid, igniting the flame to power through a new week of progress.
Here at The Profitable Entrepreneur, we’ve never met a productivity hack we didn’t like. We’re always looking for ways to maximize our time, cut through the clutter and get more of the important stuff done each day.
If you could be any fruit, which would you be and why?
It’s one of those crazy interview questions you hear about—and, admittedly, is fun to talk about—designed to test a candidate’s ability to think on his feet. But experts agree that in the long run curveball questions like this one don’t do much in the way of predicting long-term success in a role.
So what should you be asking?
When we think about scaling a business, we typically think more, bigger, better. But is expanding always the right decision?
A good job alone isn’t always enough to keep a good employee around. Employees quit their jobs for all sorts of reasons, from money to opportunity to personal factors.
Some of these things, by necessity, are out of an employer’s control. But many of them are directly linked to workplace policies and the behavior of members of leadership.
A happy team of employees leads to a profitable company. But employee happiness isn’t something that just takes care of itself. It’s a piece of your company culture you must actively work toward from the top down.
When we think of burnout, we usually picture the times when we’re firing on all cylinders for weeks on end, perhaps working toward a major milestone or just struggling to keep the ship afloat. But research suggests there’s a different kind of burnout that’s unrelated to overwork—and the cause might surprise you.
Billing. It’s the single most important process to ensure the livelihood of your business. After all, if you run out of cash, it’s game over.
And yet, it’s a process most entrepreneurs are running with rampant inefficiency. You’re so focused on doing the actual work that getting paid for the work becomes an afterthought. For a profitable business owner, though, it should be the other way around. Streamlining and optimizing your billing process should take a front seat.
Big goals breed big results. To achieve massive success, you need both the foresight to plan ten years into the future and the tenacity to take action on those plans every single day.