That’s A Wrap, Week Ending December 2
Lorraine is back from here vacation in Hawaii, and thing at the ‘Peg are returning to normal. Or as normal as they ever get around here. While she was gone, we launched a few websites, and wrote more than a few blog posts. If you haven’t had a chance to stop by, here is a sample of what you missed. Saturday – Faces of Roundpeg: Michelle & Harrison, I Love You, You’re Fired! Ground rules are important if you hire your kids, Lorraine lays them out here. Sunday – Mediocrity or Brilliance in the Execution Why a mediocre strategy might out perform a...
read moreMTFW: Finding a Way Out
Starting a business is filled with challenges. Even once you have your business up and running, the challenges don’t stop. For example, finding a way to get out of your business when you are ready to retire. There are several choices: selling the business, transferring it to employee or children, or simply shutting it down. This week we spoke with business transition expert Chris McEvoy about things you can do now to smooth they way for your exit down the road. Surprisingly, many of Chris’ comments were about things companies should do in the very earliest stages of their...
read moreMediocrity or Brilliance in the Execution
Years ago, my boss Rick DeMarco argued there were times when a mediocre strategy would out perform a brilliant one. At first I thought he was crazy, until he explained what he meant. Too often business owners have brilliant ideas but fail to think through all the steps necessary to turn their ideas into reality. The result… failure or mediocre performance, when there could have been extraordinary success if only they had paid attention to the details of execution. Whether you are trying to launch a new product or company, or simply run a successful promotion or special event, a...
read moreThat’s A Wrap, Week Ending Nov. 25th
Happy Thanksgiving, everyone! Now that you’re stuffed full of turkey and caught up on all the Black Friday deals, catch up with Roundpeg’s blog posts from the week: Saturday – Faces of Roundpeg: My Frenemy Hazel Lorraine writes about her good friend, Hazel Walker, and how their friendship has impacted her both personally and professionally. Sunday – Social Media and Small Business Read about the Zoomerang’s research into Social Media. It confirms some of our Social Media study’s findings and provides additional insight. Monday – Twitter...
read moreHidden costs to end-of-the-year hiring
Guest blogger, Lindsey Paho, a writer at Professional Intern is back for another visit. This month her post focuses on the pros and cons of end of year hiring. For the small business owner, timing of when to bring on new employees can have a significant impact for the bottom line. While it’s stirring to have the type of growth that necessitates hiring, bringing on a new hire at the wrong time of the year can make for a very costly error. Perhaps the worst time for hiring is at the end of the year when an accumulation of factors stack the deck against the employer who takes on...
read moreDon’t Be Good at Social Media
The goal is not to be good at social media. The goal is to be good at business and use social media to get there. Jay Baer. Are you missing the point of social media? Are you so caught up in the race for fans, followers and Klout scores that you have forgotten the business reason which drove you to social media in the first place? Social media is a viable marketing tool which can be use to build awareness, loyalty and sales (just not all at once) if used thoughtfully, with a plan. Here are some examples how social media can help you achieve a specific goal: Awareness: If you don’t have a...
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