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Why CEOs Need a Triangle of Trusted Advisors

March 11, 2016 by Guest Blogger
Found in: Business Growth

Why CEOs Need A Triangle Of Trusted Advisors

This post was written by guest blogger Jonathan B. Smith, Founder and CEO of Chief Optimizer.

Once, when I was running Wave Dispersions Systems, a maritime fence designed to stop a water-borne improvised explosive device (WBIED), a bankrupt client refused to pay a large invoice. At the time, we were flooded with business, scaling up quickly, and we hadn't yet dealt with a default. We wanted payment as well as controls to prevent a similar situation in the future.

At the time, I was a member of the Entrepreneur's Organization (EO), a global peer-to-peer network of non-competitive business owners from a range of non-competitive industries and backgrounds. EO's philosophy centers around confidential peer-to-peer sharing based on individual experience, known as "gestalt protocol" and not on "advice." The magic lies in the realization that there is often another member who has expertise or experience around the issue or decision you are grappling with in your company.

I told my EO Forum group about the problem. Immediately, one of the members suggested a solution regarding use of a UCC 1 Statement filing that would protect us from a similar scenario in the future. In that moment, I catapulted myself from in-the-dark to in-the-know.

11 Amazing Business Books for CEOs and Entrepreneurs

December 31, 2014 by Marisa Smith
Found in: Business Growth, Entrepreneurship, Smart Business Books

WBG_blog_feat_img_holiday_listAs a business owner, I'm always trying to learn from the experience of other entrepreneurs, and that happens most often through reading their books. If you find yourself with some downtime over the holidays, here are the top books we buy in bulk and regularly recommend to clients and colleagues. Read them in any order - this just happens to be the order that I discovered them!

Why Your Company Needs More Meetings

October 27, 2014 by Marisa Smith
Found in: Business Growth, Efficiency, EOS Entrepreneurial Operating System, Business Strategy, syndication

Why Your Company Needs More MeetingsIf you had to identify, in one word, the reason why the human race has not achieved, and never will achieve, its full potential, that word would be “meetings.”Dave Barry

Meetings are indispensable when you don't want to do anything.John Kenneth Galbraith

Meetings get a bad rap, and deservedly so—most are disorganized and distracted. But they can be a critical tool for getting your team on the same page.Justin Rosenstein

Which one of these thoughts is not like the others? Hint: It’s the one that’s actually true!

6 Tell-Tale Signs that Your Business Needs an Operating System

August 13, 2014 by Mike Kotsis
Found in: Business Goals, Business Growth, EOS Entrepreneurial Operating System

mikekotsisGuest blogger, EOS Implementer and Business Coach Mike Kotsis describes how to diagnose and address your entrepreneurial frustrations with a Business Operating System.

Imagine you’re on a road trip. Your kids have been whining and yelling in the backseat for about an hour. Out of desperation you put a DVD into your laptop, letting out a sigh of relief as you wait for the kids’ movie to load. Only this time nothing happens. No Sound. Blank Screen. The whining instantly resumes. Your laptop’s operating system has crashed. Without a working operating system, the DVD just spins in the drive. No picture. No sound. The DVD drive can’t communicate with the screen or speakers.

How to Write a Mission Statement That Inspires Your Team

July 24, 2014 by Marisa Smith
Found in: Business Growth, Entrepreneurship, Business Strategy, syndication

Make a statement!If you've watched this recent video from Weird Al Yankovic, you know just how unoriginal most corporate mission statements are - full of meaningless platitudes like "monetize our assets" and "leverage our core competencies" or "world-class technology."

Take a look at your own mission statement - are you singing the same old song? Or are you ready to be a breakout indie artist that stands out from the crowd?