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Small Business Success: Why Do Some Fail and Some Succeed?

You’ve probably heard half of all new businesses fail in their first year. That isn’t exactly true. The U.S. Bureau of Labor Statistics is quoted in Investopedia as saying 20% of new businesses fail during the first two years, 45% during the first five years, and 65% during the first decade. The article stated that only 25% of all new businesses make it to the 15-year mark. However, the point is the same: A lot of businesses simply don’t make it much further than their opening. What is the difference between a business that fails and one that doesn’t? Why do some [...]

Build a Successful Candidate Follow-Up Strategy

Many recruiters don’t have a solid candidate follow-up strategy, which leaves them vulnerable to ghosting and candidate poaching from other firms. Why does this matter? The recruiter with the best follow-up strategy will land the best, most in-demand candidates. Here are some tips for how to build that strategy and win the candidate every time.  Treat the Candidate Like Your Customer  The best recruiters treat candidates like a valued customer. This includes rejected candidates, who should always be treated respectfully, even if they were less-than-desirable as candidates or even if they behaved rudely. The goal is always to treat the [...]

Looking for a Better Way to Hold Your Employees Accountable?

What’s the right way to hold people accountable? There have been countless books written on this topic, and there are all kinds of philosophies and training classes on different techniques. What’s the best way to hold your employees accountable, and how can software help?  What is Accountability?  Accountability means that your employees at every level take responsibility for delivering on their commitments. This is important at every level of your organization, from the c-suite to the newest employee. We’ve all seen companies struggle with this. We’ve experienced managers who get angry at employees, which ultimately does nothing. Instead, accountability in [...]

Are You Revisiting Your Runner-Up Candidates?

There is a pool of applicants that we are almost certain you’ve forgotten. Runner-up or silver medal candidates were practically perfect—but they were edged out by the gold medal winner, sometimes, just like in the Olympics, by inches. Why is it important to go back to your runner-ups, and how can they help your business?  Benefits of Hiring the Runner-Up Candidates  Revisiting the runner-up candidate pool has some advantages. For example:  These candidates have already been screened. They may have gone through multiple interviews, learned more about your culture, and at least partially, or perhaps nearly totally, been deemed a [...]

Small Business Success: Are You Putting People In the Right Seats?

The best business leaders say that their secret to success has always been to hire the right people for the right job. Many would even say hiring employees that are smarter than the business owner is also the key to success. But how can companies do this? How can you know that you even have the right candidate, let alone the right job bit? We have answers. Understand the Position You’re Hiring For  You can hire great people but set them up to fail by putting them in ill-defined positions or failing to set expectations for their success. That’s why the [...]

Do Your Control Your Work Day?

Is your day running you, or are you running your day? It’s easy to feel like our schedules are running us ragged. If you’re constantly interrupted by instant messages, texting, or email or spend too much time getting caught up on the Internet, you’re likely going to be less productive than you can be. We have a few tips for how to regain control of your workday to become more effective. Plan Out Your Day in Advance If you’re still working from home, you could even consider getting up a little early to set out your schedule and goals for [...]