When hiring others, don’t think just in terms of cost per hour. For example: When dealing with top class talent they may cost $100 per hour. They could be compared to $10 for offshore talent, but what is the real difference? Let’s say the offshore talent takes 5X as long to do the same work. … Continue reading Notes on hiring independent contractors and freelancers
Category: leadership
You are you’re number one asset
You are you’re number one asset. What does that mean? What it means is that you are an asset that has the ability to produce cash through the various services and products that you may sell. Because you are an asset you can improve your productivity. If you can improve your productivity you can improve … Continue reading You are you’re number one asset
Stop being your business
Don’t be so busy operating that you forget to own your business. In my opinion, measured by time spent within your business in the operating roles - one should not spend more than 30 hours within his business - rather should be spending most of that time on growth activities related to business development sales … Continue reading Stop being your business
This one thing will ruin your chances as an entrepreneur
There are many highs and lows of Entrepreneurship. Many of these lessons compiled together create experiences. These experiences are then interpreted by the entrepreneur to mean something. If the entrepreneur does not maintain non bias towards those experiences, she may learn a “lesson” that is not true. For example, let’s say sally wants to get … Continue reading This one thing will ruin your chances as an entrepreneur
Relationship with failure
We shouldn’t be so afraid to fail that we hesitate to start new things. If we try new things every once and awhile something good will stick. Today’s problems are often drawbacks of previous innovation. We just hope the value added was net positive on whichever metrics are important. (Fiscal, social, Etc) I see this … Continue reading Relationship with failure