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Understanding What Management-Run Business Means

people centric

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, […]

Finding Time as a Small Business Owner: The Top Challenges and Solutions

doug thorpe and small business cooaching

Or 5 Reasons You Suck at Owning a Business (OK too strong) Small business owners are known for their tireless work ethic, constantly putting in long hours and sacrificing their personal time for the sake of their businesses. While working hard is necessary for success, it is also crucial for business owners to find a […]

Bridging the Gap: How to Overcome Generational Differences at Work

small team

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 […]

How to Measure the ROI of Executive Coaching or Business Therapy

executive coaching and business therapy team

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 […]

Maximizing Your Return on Invested TIME

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, etc. But have you ever spent any waking hours measuring ROIT? We make plans, build budgets, measure KPIs, and […]

Confessions from the Coach – August 2022

small business team

It’s time for another “Confessions from the Coach” edition. I like to periodically recap hot topics bubbling up from my coaching experiences, discussions, and outcomes. I don’t do this to break any levels of trust and confidence with my clients, but rather as a thematic public service to my audience. What I’ll share here are […]

Do You Have an Employment Contract, Really…

meeting with the boss

In a series of recent discussions, I was reminded of the need for one of the most basic of all employment matters. The employment contract. NO, I am not talking about an actual written, legal document, although those are handy in many situations. Rather I am talking about having a very detailed discussion with every […]

What Are You Waiting For?

waiting

There comes a time in life when you’ve done all the thinking, study, analysis, and planning you can do. You reach a decision point. Then it happens. You freeze. You cannot go forward. You’re stuck. The question is then, what are you waiting for? What is it that holds you back, makes you balk? How […]