Today, in the Houston area, hiring and retention are very high on the list of business owners’ concerns. I recently attended a breakfast for business owners. They polled us for our #1 concern. Hiring & Retention tied for #1, way ahead of the second most concern from our multiple choice list. Why? We have one of the tightest labor markets I …
Entrepreneurship
When Is The Best Time To Plan Your Exit?
When is the best time to plan your exit from your company? Now. Most people start their companies either with a great idea for a new product or because they feel they can improve an existing idea by delivering better quality, better service, or by doing it faster. Usually I find that owners come from a sales or a manufacturing background—rarely from the …
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Retaining Your Key People
An owner’s worst nightmare: Your top performer comes in your office and shuts the door. He gives notice that he is leaving in a couple of weeks. Do you walk him to the door to protect your key files or do you try to counter-offer to keep him in place? In our experience, by the time the employee is giving notice, it’s too late to sweeten the …
Why Become an Entrepreneur?
For me it is in my DNA. My grandfather on my mother's side was a successful attorney/entrepreneur during the Depression years. Influenced by her father, my mother encouraged me to follow my passion. Another event impacted my life decision. Graduating from college, like my classmates I went to work for a major company. A year after being there my mentor …
