by Jim Schleckser | Mar 12, 2024 | Entrepreneur, Growth, Marketing, Sales, Strategy
Numerous examples exist of management processes built on flawed assumptions. These often lead to misallocation of resources and wasted effort. In pursuit of elusive goals, management can inadvertently tie the organization in knots. The biggest fallacy along these...
by Jim Schleckser | Mar 5, 2024 | Business, Culture, Decision Making, Entrepreneur, Leadership, Management
In the business world, the phrase “reaching consensus” is commonly used, especially when a team is working towards aligning on a set of objectives. The aim is to promote procedural justice and achieve unanimity of views. But there’s a dark and ugly...
by Jim Schleckser | Feb 27, 2024 | Culture, Entrepreneur, Leadership
It’s stating the obvious to say that every company is aiming for success. After all, that’s typically why we take the lead or start a business in the first place, isn’t it? But there’s a hidden dark side to success. It can ultimately lead to...
by Jim Schleckser | Feb 20, 2024 | Budget, Business, Entrepreneur, Growth, Management
Every business leader should possess a fundamental grasp of accounting. It’s not about becoming an accountant; rather, it’s about acquiring enough knowledge to avoid being deceived or deceiving oneself. There is one specific area where accounting...
by Jim Schleckser | Feb 6, 2024 | Culture, Delegation, Entrepreneur, Growth, HR, Talent
In previous blog posts, I have delved deeply into individual-level talent management. This includes strategies for identifying A-, B-, and C-level performers and methods for appropriately rewarding their performance through raises and bonuses. But another level...
by Jim Schleckser | Jan 23, 2024 | Business, Entrepreneur, Growth, Private Equity, Raising Capital
When securing funding to fuel your business expansion, the conventional practice involves issuing common stock. This is the customary avenue through which you would offer shares to individuals such as your parents, uncle, or friends and neighbors who are interested in...
