With so many of us confined to limited movement during the coronavirus pandemic, I’ve been touching base (OK touching is a bad word) with colleagues, clients and close friends. The gist of the discussions have to do with “what do we do now?” An old title from my archives came to mind. I thought I’d […]
Introduction Running a small business can be a whirlwind of tasks, deadlines, and unexpected challenges. To navigate this complex landscape successfully, it’s essential to have a structured approach. One powerful tool is project management. Often associated with large corporations, project management principles can be adapted to benefit even the smallest of businesses. Benefits of Project […]
Many years ago, a business coach and mentor I knew named Gerry Fusco introduced me to a phrase he invented. Return on invested time (ROIT). As business owners and leaders, we know about ROI, ROE, EBITDA, SDE, etc. But have you ever spent any waking hours measuring ROIT? We make plans, build budgets, measure KPIs, […]
Trust is a critical element in our everyday lives. The relationships we enter are centered on trust. Whether we are going to work, shopping online, or meeting a stranger, trust becomes the yardstick for how far that relationship may go. For those of you in a significant relationship with a life partner, trust means everything […]
Management-run businesses have become increasingly popular in recent years, as business owners recognize the benefits of delegating and collaborating with a team of experienced professionals. Many managers and entrepreneurs are acutely aware that managing a business is much more than just making sure the bottom line is profitable. It involves developing long-term strategies, leading teams, […]
Most managers get their start because they were good workers. They get recognized as being the best performer on the team. There is nothing wrong with that, except… Being a good manager requires a level of leadership. Without the right training and development, you might find that being a manager is a struggle. “Management is […]
<img width="650" height="433" src="https://i0.wp.com/dougthorpe.com/wp-content/uploads/2023/09/admanity-169788000_l.jpg?fit=650%2C433&ssl=1" class="attachment-medium size-medium wp-post-image" alt="doug thorpe and small business cooaching" style="margin-bottom: 10px" data-attachment-id="21918" data-permalink="https://dougthorpe.com/finding-time-as-a-small-business-owner-the-top-challenges-and-solutions/group-of-multiracial-business-people-working-at-laptops-in-company-office/" data-orig-file="https://i0.wp.com/dougthorpe.com/wp-content/uploads/2023/09/admanity-169788000_l.jpg?fit=2508%2C1672&ssl=1" data-orig-size="2508,1672" data-comments-opened="1" data-image-meta="{"aperture":"4.5","credit":"","camera":"ILCE-7M3","caption":"Group of multiracial business people working at laptops in company office","created_timestamp":"1616595319","copyright":"","focal_length":"35","iso":"640","shutter_speed":"0.0015625","title":"Group of multiracial business people working at laptops in company office","orientation":"1"}" data-image-title="Group of multiracial business people working at laptops in company office" data-image-description="" data-image-caption=" Group […]
The workplace in the 21st century is made up of people from different age groups and generations. Differences in values, communication styles, and work ethics can create a divide that leads to misunderstandings, tension, and conflict. As an owner, entrepreneur, or executive, bridging the generational gap at work is a crucial skill to possess. It […]
As a business owner, entrepreneur, or executive, investing in the development of your team is crucial for the success of your organization. Executive coaching is a popular method used to enhance leadership skills, boost productivity, and achieve personal and professional growth. But how do you measure the return on investment (ROI) of executive coaching or […]
