According to recent surveys, job satisfaction for employees is at an all-time low. Only 13 percent of workers are fully engaged in their job. The sad part is that is seems to be getting worse, rather than better. One obvious alternative is to become an entrepreneur. As a mentor to many aspiring entrepreneurs, I’m often asked […]
In today’s fast moving world of business startups, learning trumps knowing every time. What established businesses know through experience keeps them from looking for the new and innovative ways to do what they do better, cheaper, and faster. I’m convinced that’s why most mature companies are slowing down or buying their innovation through acquisition, rather than building […]
In 2006, when I first opened my two-man garage door business, I never imagined I would have over 80 employees and be expanding all over the United States. Over the last 10 years, people have asked me the No. 1 thing that has made my business so successful. My answer is simple: passion. Passion keeps me […]
Once I hit my 365th straight day of doing at least 10 minutes of meditation, I couldn’t help but wonder, “Was it worth it?” As a busy entrepreneur, I always think of my opportunity cost and how many more emails or sales calls I could have completed in those 10 minutes. So at first, the […]
We are social beings. We live in an interconnected world. Even in today’s information age, the importance of collaborative networks has not diminished, but rather merely changed form. The business world is no different: It runs on social connectivity, expanding networks and fostering connections. In an era where the newest iPhone acts as our event […]
Let’s be honest. The word “investment” does not strike many of us as an interesting topic. We think of investments and hear stocks, bonds, real estate and other ways to increase our net worth. I mean, the definition of the term ROI is “the measure of gain or loss generated on an investment relative to the amount […]
Too many people, young and older, let their career and their lifestyle happen to them, rather than proactively making things happen based on their personal passions, skills, and interests. Others make decisions based on someone else’s interests, such as the father who wants his son to take over the family business, or dreams openly of […]
Through my experience as a startup founder, I’ve realized that mental health issues are especially prominent among founders and people who play major roles in entrepreneurial endeavors.
As an advisor to entrepreneurs and new business owners, I’ve long observed that one of the toughest challenges is people change management in the team. It’s an area where you typically have little experience and training, and dealing with needed change is fraught with emotions on both sides. I have found that my years in […]
A look at the implications of technology on human behavior.
My best friend and I would lock ourselves in my tiny, yellow room in Brooklyn, sitting on my bed with a hundred pieces of paper around us, quietly and carefully plotting how we would launch our business. This was an exercise we had done several times during the course of our 15-year friendship, but this […]