By Alan D. Benson As a leader, how you act has an immense impact on the motivation of your workforce. Establishing clear expectations for performance is vital to ensure that everyone in the workplace understands what they need to do and how their performance will be evaluated. You must also hold yourself accountable for setting a good example and rewarding those who meet or exceed expectations. Consistency is another crucial factor in maintaining and motivating…
Owning a business is one of the smartest long-term investments you can make. Not only does it allow you to earn more money potentially, but it also provides various tax advantages and numerous other ways to build wealth. You have control over your income if you own and directly operate a business. You can set your pricing and decide how much work you want to take on –– giving you the flexibility to reach your…
A recent article in Forbes headlined Goldman Sachs Predicts 300 million jobs will be lost or degraded by Artificial Intelligence (AI). I immediately reviewed the article, and while reading it, I thought, how would this affect my children and society? My children are both in college, studying computer engineering and pre-medical biology. So, I researched AI within those areas. As it turns out, AI will replace some of the entry-level programming positions. In the medical…
Many people dream of starting a business for various reasons. You could be to fulfill a passion or even a need that could benefit society, or it could be to satisfy a business opportunity. Whatever the case, anyone can succeed in business with drive, resources, and support. In starting a business, timing and marketing is everything, and starting off to a good start is essential. It is an exciting journey but can be intimidating…
When the pandemic hit, it halted America’s economic engine, the small business. It shut down many small businesses across the globe, and I saw firsthand how it affected my local community. That placed a lot of small business owners in a difficult position. Many businesses, both large and small, shut down. Those who stayed open had to think outside the box regarding keeping their existing customers and attracting prospective customers. They had to think of…
