My very first job was in a cheese factory, moving large wheels of cheese around a stone-cold warehouse. I clocked in, did my hours, and clocked out when my shift was over.
Today, the rise of the knowledge economy has transformed work for millions of people who are now employed for their intellectual capital, be it their ability to close a deal, turn a complainant into a happy customer, or to write a report.
As a leader, it’s important to understand the goals and vision of your company. It’s arguably even more important to convey that information to your employees, who play a huge role in turning those goals and visions into reality. Strong lines of communication ensure everyone is on the same page, leading to greater growth for your business. To help you do this, we asked Young Entrepreneur Council members the following question:
Q. What is your preferred method for communicating company goals and vision with your employees?
From a young age, we learned the essential skills of reading. This is a skill that we often don’t think much of, especially around the subject of comprehension strategies for adults.
You’d think it’s rather weird at first. Adults all across the world are fully capable of reading anything. We’ve been doing that for decades.
But there is a massive difference between reading comprehension amongst children and adults you see. It’s something that hasn’t been explored much in science. You can tell by the number of studies out there discussing kid’s reading abilities rather than adults.
Yes, the drivers of those luxury cars that cut you off really do suck. A new study in the Journal of International Psychology finds that many owners of high-status luxury cars are actually assholes. “The answers were unambiguous: self-centered men who are argumentative, stubborn, disagreeable and unempathetic are much more likely to own a high-status car such as an Audi, BMW or Mercedes,” say the researchers in a press release.
The study surveyed 1,892 Finnish car owners and also analyzed their personality types, an idea inspired by lead researcher Jan-Erik Lönnqvist’s observation that the drivers “most likely to run a red light, not give way to pedestrians and generally drive recklessly and too fast were often the ones driving fast German cars” such as BMWs, Mercedes, and Audis. He knew that previous studies found luxury car drivers more likely to ignore traffic rules and drive “unethically,” but it was unclear why: Was wealth corrupting their behavior?
If you’re a budding business owner, you may need an affordable payroll service, but is it wise to choose the cheapest one you can find?
39% of U.S. companies – that’s more than 10 million businesses – outsource their payroll processing.
43% of U.S. companies outsource their payroll tax responsibilities.
Payroll processing companies have security features in place, including backup systems and multiple servers, to keep your company’s information safe.
Operating a business comes with many costly expenses, but hiring a payroll service doesn’t have to be one of them. There are many affordable payroll services, in addition to software, for small businesses to choose from.
Dropshipping has completely revolutionized the world of online businesses. It’s quite straightforward, flexible, and relatively cheap to launch – so overall, it’s an ace for many online entrepreneurs out there.
But with dropshipping turning so many people into online entrepreneurs almost overnight, how can one find success in it? With dropshipping as a largely trend-based landscape, the answer is also in continuously keeping up with the latest dropshipping trends. So, what’s in store for you in the e-commerce arena this year? In this article, we’ve listed down the top dropshipping trends in 2020 that will shape this quickly growing industry. Let’s get started!
More proof that you’re never too small to make a difference: Six-year-old Owen Colley from Hingham, Massachusetts, is making clay koalas to help animals affected by the Australian bushfires, and has already raised over $240,000 Australian dollars.
Owen’s mother Caitlin told CNN her son had been upset when he learned of Australia’s bushfires, and particularly their impact upon the country’s wildlife. Owen’s father Simon grew up in Sydney, and he himself spent a few months there as a toddler, so he felt “a pull to Australia.”
One productivity issue I come across more frequently than other is a belief that doing more work is good and doing less is bad. However, the reality is a bit more complex than judging effectiveness based on the amount of work a person or organization produces.
In a factory setting, it is a good thing if you can increase the number of units produced while at the same time either reducing costs or, at the very least, not increasing costs. The less is more principle at work — less input to produce more output.
And we can create the same idea for our productivity. Leveraging our skills, know-how and creativity to produce excellent volumes of work by inputting less and producing more.
So, here are 10 ways less is more
I hate it when people lose out by barely missing a deadline. A recent decision in the Western District of Wisconsin has an important lesson about deadlines. The lesson is that if you are going to rely on special rules to cut things close, you better understand how the rules apply. The couple in the decision, whom I will refer to as John and Jane Toolate – you can read the decision if you want their real names- lost a $7,386.48 refund by being two days late.
With so many different options available for customers, it’s important to recognize and acknowledge the consumers and clients who choose to do business with you. Showing some customer appreciation not only helps people feel valued, but also engages your employees, as it strengthens the relationships between customers and your staff.
There are countless ways your company can show gratitude to its customers, and many of these ways cost little more than your time. To find out what works best, we asked a panel of Young Entrepreneur Council members the following:
