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There are two universal principles regarding the fairness of employee compensation: (i) most people feel that they are undercompensated and (ii) the same people feel that their friends and neighbors are overcompensated. There are many reasons for this phenomenon, but for our unscientific purposes it is sufficient to think of fairness as beauty – it is … Read more
For businesses, it’s hard to think of a more apt description of their lifecycle. After all, in industries that have any kind of competition, businesses must constantly grow to avoid being overtaken by others. But achieving a state of constant business growth is not easy. If it were, every business would be able to do it – … Read more
I have stood on my own personal cliff edge many times. Every time I jumped something different happened. There were threats that started out great, but eventually faded. There were such dangers that I kept falling until I reached the ground. There were risks that started slowly, but had great success. Every risk is different, but every risk is … Read more
Have you ever wondered what separates highly successful entrepreneurs from everyone else? Not every entrepreneur achieves success, but those who do have certain entrepreneurial traits that help them on their journey to success. Here are the traits of entrepreneurship that are practiced by highly successful entrepreneurs. See how you match up and use what you’ve learned to … Read more
It’s no wonder that many people fantasize about a life where they are their own boss. Being an entrepreneur means living independently without following orders. Additionally, entrepreneurship can lead to flexible work hours with no limits on your income and owning your own business empire. However, building a business from the ground up is no easy feat. Only … Read more