Here are the best articles we found for the month of November:
It doesn’t seem like that long ago when The Lean Startup by Eric Ries took the world by storm. The book gave average people like me hope.
It showed me and people across the world that is was possible to start a business, regardless of circumstance. It’s been almost a decade since The Lean Startup was released, but the hope it instilled and the lessons it taught still live on today.
Thousands of people ask this question every day: What is the best business to start with little money? I wanted to share what I believe should be your top three choices if you are attempting to start a business but have little capital to back it up. Here are the three best businesses to start with very little money. Read more here.
Promoting good leadership skills is vital. One bad manager in your small business can make it difficult for many. You might have higher absenteeism, increased turnover, and a difficult time recruiting. You may have heard the expression, “Employees don’t leave companies, they leave managers.” It is true. High pay or great benefits will not retain a good worker with a bad manager.
In a Gallup poll, they found that most U.S. workers are made a manager because of seniority and success in their current role. But neither of these indicates how well someone will do once they are promoted.
A manager’s engagement level has a direct impact on their team. Workers who don’t feel engaged at work just work for their paycheck. They aren’t invested. They aren’t telling everyone how great it is to work there. In fact, they are probably telling everyone how miserable they are. Read more here.
Now that we’re more than eight months into the pandemic, the data does not suggest that remote work is as pleasant as most people likely assumed it to be. Data shows that more than two-thirds of workers at home are experiencing burnout.
I experienced the bad outcomes of burnout while scaling my startup. I worked so many hours that I eventually collapsed and suffered a concussion. It took weeks before I could work like normal again. The effects of burnout are real, and they can harm your productivity and life.
In order to solve my issues with burnout, I found new solutions and routines that helped me increase my efficiency while also feeling healthier. I was able to make more time for the “life” part of work-life balance. Here are three proven solutions I found to remedy burnout – for you and your team. Read more here.
How do you identify Marketing Qualified Leads?
Not every lead your marketing team generates is sales-ready. As such, it is important to have clearly defined Marketing Qualified Lead criteria.
Without defining which behaviors and actions qualify a prospective customer as ready to be contacted by sales, chances are your team might end up spending time and resources on leads that are less likely to make a purchase. Read more here.
Hire fast, fire faster: Since no hiring process is ever perfect, firing people the moment they appear to be dead weight instead of superstars. As the American Management Association says, “Selecting a bad hire is understandable; but accepting it and not doing anything about it will cost an organization greatly.”
Or to quote a number of startup founders I know, “If you don’t want to fire people you shouldn’t be an entrepreneur.”
So yeah: It makes sense to move on when someone doesn’t immediately “cut it.”. Read more here.
If you missed last month’s link roundup please check it out here.