Coming in as a young CEO you have to walk a fine line. You want assertive and hyper capable senior executives, but you also want them to support your play and fall in line without having to threaten their job to coerce submission. Further, you will find yourself in the position of offering guidance and direction, even on issues where they likely agree with your perspective. Continue reading How to Inspire Senior Executives as a Younger CEO
Whenever you decide to sell a product or service, you should have a target market in mind. These are the people who are most likely to buy what you have for sale and will most likely be willing to pay the most for it. How do you go about identifying your target market? Continue reading Identifying Your Target Market
Graduation is an accomplishment, but it doesn’t really prepare you for the true reality of the business world. Every owner or CEO learns that lesson sooner or later. Those who fail to don’t last very long. Continue reading 3 Business Truths You Won’t Learn in College
Today’s international marketplace all but guarantees frequent travel. And technology makes that easier than ever, but how can you be an effective manager if you are gone all the time? It’s a challenge many managers face. Here’s how you win.
First, take advantage of the wisdom and information you gain by being in other places working with different teams. Allow your perspective to be deepened and cultured by opportunities and strategies you may not come across cooped up in your own office all the time.
Also, avoid the temptation to use technology to stay connected to your office as if you were there ALL the time. Take advantage of travel to learn, to unplug and to build yourself, rather than succumbing to the temptation to virtually hover over your people. You wouldn’t stand over them and get in the way if you were there, why do it when you’re gone.
That leads to the first tip: let them have some control. You really don’t have to do it yourself, and, if you’ve hired the right people, it’s probably better they do it than you. That is, after all, why you hired them. Give your team a chance to earn your trust while you are away. Instead of worrying about the decisions they might be making, prepare opportunities for them to take the lead. GIVE them a chance to impress you…on purpose.
If you are sitting there shaking your head about the first tip, you have a bigger problem than you want to admit. Either you’re a control freak, or you hired the wrong people. When you hire employees, one of the factors you MUST consider is whether or not those people “need” you in order to do their jobs well. If they do, then something is wrong in the process. The goal of management should be to make the work better and more efficient, not just to make it possible.
Here’s another tip: set up your in-office operations in ways that work for your team, not just “how you like it.” Here’s the thing, the latter may make you feel more comfortable, but it irritates your people, distracts them and, when you’re gone, tempts them to waste time figuring out “better” ways to do things. If you have your protocols set up to best involve and utilize their skills, then they will be too engaged in doing their work to tinker. But, if you insist on doing things in a way that hinders their work, smart people will never stop trying to fix your stupidity. Their success is your success, and it’s much more important than your comfort level – never forget that … whether you are in the office or out chasing more business.
No matter what type of field you work in, chances are you want to advance. This doesn’t necessarily mean finding a new company or line of work, but it does mean progressing. Many people, however, are not quite sure how to accomplish this. Here are four ways to best advance professionally so you can achieve all of your goals.
Have the goal in mind…
Know where your career is going. This doesn’t necessarily mean having every little detail plotted out on a timeline, but you should know where you want to end up and the general steps you will take to get there. Knowing your goal helps you make decisions to reach the place you want to be professionally.
Speak to people who have the role or position to which you aspire…
Ask them how they got there. Not only can they offer advice, but you will probably discover shortcuts to reach your goal sooner. They can help you figure out the specifics of what you need to do to advance professionally, and once you know this, you can start working towards it without detours.
Look around your workplace…
What teams or departments will help you reach your goal? Once you know this, it is time to make connections in these areas. Talk to people, and help out even if you don’t work in that area. You never know when word of mouth will get around and who might be listening to chatter about you. Make yourself visible in a positive way in the areas of your organization helps you to reach your end goal.
Only pursue goals you want to achieve…
If you realize your original plan just isn’t you, then look for something else. The last thing you want is to lose passion and motivation because you no longer want to be where you are. Be ready to change directions if you need to, and make sure you are excited to advance.
Everyone wants to move forward, so it is important to know how to get ahead in your career. Keeping these four ways to best advance professionally in mind keeps you from stagnating in your job and helps you achieve your professional goals.
Roman Temkin is the leading NYC real estate developer.
Hey, manager! Here’s a reality check for you. Young CEOs and new leaders fail every day. Some of these failures are temporary setbacks, many of them are job and business killers. Maybe you’ve been there, but you want to avoid that situation going forward. Maybe you’ve managed to dodge that bullet so far, and you are hoping your luck continues. Continue reading Why Young CEOs Fail
Mark Zuckerberg doesn’t release news onto the cycle. He jumps on it with both feet, making moves that demand headlines across the globe. Fittingly, given his status as the co-founder of a social site that pretty much controls the news cycle.
Getting your brand noticed in any market, let alone a crowded market, can be an insurmountable challenge for many business owners. The influx of entrepreneurs and their brainchildren over several decades have caused saturation of different sectors, ranging from healthcare to finance. Irrespective of your business type, below are 4 strategies that will help your business shine even in the most crowded marketplaces.
Success in any business depends on implementing effective client communication strategies. This is especially true in the real estate industry. Real estate is all about building relationships. Developing positive relationships will enable you to grow your business. Continue reading Clients and Communications: What Are Some Good Tips to Establish Great Client Communication?
If you are not a strong project manager, then your project will fail. A strong project manager utilizes a variety of resources to bring a project in ahead of schedule and under budget.
You will also find that the best project managers learn from project failures, and turn them into success points for future projects. To be successful as a manager, you need to own the project management process, and take steps to constantly improve your methods. Continue reading 4 Ways to Own Project Management