What if, Your product or service is impacted by Tariffs? Businesses are changing faster than ever due to Government Regulations, technology, global communications, and distribution, etc. Tariffs are part of that, too. Leaders need to get outside their business to gain insights, opportunities, and awareness of the world around them from other business owners. They…
Many entrepreneurs don’t set specific goals for their business, but studies show that goal-setting really does drive higher achievement. According to small business peer board members who’ve embraced this technique, goal-setting forces you to focus your energies effectively and develop real, viable action plans. It isn’t hard if you follow their lead. Here’s how PRO…
Ways to Get Employee Involvement So, with that in mind, how do you encourage freethinking in the workplace? Great minds don’t always think alike. Here are some techniques that some members of my peer advisory groups use: • Encourage your employees to offer suggestions—after all, who knows the ins and outs of your business better?…
Peer Advisory Board A Peer Advisory Board is the perfect solution for small business owners needing cohorts for consults. Join an online Peer Advisory Board facilitated by Ray Silverstein and experience what it can do for you. Business owners outside major metropolitan areas can now access what was once unavailable to them… AND without leaving…
What If… You could motivate Your sales force? Compensation to your sales people is a critical issue. What is the best way to compensate for your product/service, distribution channel, or targeted customer? Should the compensation be salary, salary plus commission, draw plus commission or straight commission? What motivation plan works best for your product/service sales…
What If… You could Avoid a Bad Decision? Who do you discuss your business thoughts and decisions? A PRO, Peer Advisory Member was asking his board about a potential business investment decision. The board did not feel this was a good investment, and also gave the person thoughts to improve the probability of success, if…
What If… You had someone to push You? You are in business by Yourself, and only report to Yourself. You need someone to push you. Being a facilitator of Peer Advisory Boards part of my responsibility is to create accountability to move You forward to where You want to be. Peer Advisory Board members want…
What If… You lost a major customer? Who can You talk with after you’ve lost a major customer? Will You have to cut Your work force? Will the bank tell You to move Your loan? or What do You do if You lose a key employee due to injury, leaving you or death? Difficult questions,…
What If… You want to see Your family more? A two hour a month time investment will give you the tools to have more time to see your family. A Peer Advisory Board, saves You time and makes You money by creating knowledge, insight, problem solving, camaraderie, support, accountability, prioritization, and Not Being Along. It…
What If… You wanted to change Your holiday bonus? Holiday bonus can be a difficult time. What do you do? What is fair? What are other companies doing? This is especially difficult if you give a discretionary bonus. Compensation is a satisfier. It is not a motivator. If your holiday bonus does not satisfy— You…
