Business owners


09Feb 2010

Trust and Business Relationships — Some Common Pitfalls

Recently, in a variety of settings I am observing the issue of trust impacting business relationships. Obviously, trust is at the foundation for business transactions — that the vendor will provide the goods or services purchased, that the goods or services will be at the quality level described initially, and that the customer will pay for the goods or services

01Feb 2010

"Doing Good" While Making Money

There is an increasing emphasis on the inter-relatedness between the process of making money (whether through active business activities or through investments) and also having a positive impact on one’s community (either at the local, national or global level). The focus, along with developing opportunities, applies to individuals and families, small businesses, corporations, and family foundations. Let me share with

28Dec 2009

The Problem with Trying to Be "Fair" With Your Children

In my role as a family coach for wealthy families, one of the common issues that arises is the parents’ desire to be “fair” with their children and grandchildren. (I put “fair” in quotation marks because it really is an unusual term that is defined differently by many people and is almost totally based on perception.) For whatever reason, and

22Oct 2009

Five Observations from Businesses Who Succeed (or Don't) in Difficult Times

Given that I have the opportunity to interact and observe with businesses across the country, it gives me the potential to learn from those whom I serve and interact. In preparing for a presentation to a chamber of commerce luncheon, I decided to share some of the observations I have gathered over the past months. I have seen businesses who

11Jun 2009

Business Owners, Managers Feel the Pain, Too (Reprise)

An entry I wrote in April about the challenges owners and managers of businesses face in today’s economic environment was published in today’s business section of the Wichita Eagle.  If you missed it previously, you can read the article on the Wichita Eagle website.

05May 2009

Characteristics of Healthy Workplace Environments

Recently, the American Psychological Association recognized 14 companies as leaders in creating healthy workplace environments. Besides just helping their employees “feel good” (the ubiquitous reply to anything psychologists do), there are some practical economic benefits for the companies as well: One company has reduced absenteeism by 34 percent The average employee turnover for the top five award winners was 11

11Apr 2009

The Responsibility of Having Employees — A Huge Emotional Drain on Business Owners

Today’s economic environment is taking a huge emotional toll on business owners and managers.  Given the shrinking economy, with orders for manufacturing being canceled or put on hold, with little happening in the construction industry, and with the general public spending less at the retail level — many businesses are having to either cut back employees hours or let them

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