Dave
Why Your Team Meetings Are A Waste Of Time (Hint: It’s Because You’re Paying People By The Hour)
If you pay people by the hour to sit in a meeting, there is no possibility of anything useful happening in the meeting. People may nod their heads and say “good meeting.” They’re saying what they were paid to say. We’ve all sat through one of those infamous meetings; afterward, one or more people muttered…
Why The Hourly Wage Should Be Abolished
I find it odd that people debate whether the U.S. should institute a federal minimum wage of $15 per hour, while almost no one (as far as I can see) is questioning the underlying premise of paying employees by the hour. I am convinced beyond a doubt that paying by the hour is a fundamentally…
10 Reasons Small Businesses Don’t Hit Their Numbers
Underpricing As counterintuitive as it sounds, you can lose business by not charging enough. Good customers, who appreciate the value of things, will tend to avoid buying the cheapest solution because they will equate low price with low quality. The customers you do get will be a pain in the ass. They complain, blow up…
The #1 Reason Businesses Leave Money on the Table
Small business owners often struggle year after year to bring in enough cash to keep things going. Operating in constant “survival mode” is draining and leads to disillusionment. Most tragically, it usually can be avoided. The irony of the situation is that we tend to ignore our biggest opportunity, even when it is sitting right…
Why Business Owners Undervalue Their Time and Expertise
Being underpaid is quite possibly the number one issue affecting the world’s economy. Many of us have been there at one time or another, working long hours and having to beat the pavement just to find enough low-margin work to scrape by for one more month. The symptoms vary on the outside, but one thing…