Top 10 Ways to Change Compensation Structure Without Causing Panic
Business owners often need to make employee compensation alterations for various reasons, whether it’s to adjust for new business goals, launch new incentive programs or simply lower expenses. Unfortunately, many organizations forget to include employees in the...
14 Important Leadership Lessons Learned From Great Bosses
1. Listen to What Your Team Says The best boss I ever had truly listened to what everyone else had to say. I had bosses who just told us all what to do and walked away when we started talking, but my best boss would sit down and really listen. He would give us his...
15 Book Publication Mistakes that Could Cost You — Big!
Whether you’re self-publishing or going the traditional route, getting your book out there is not always as easy as it sounds. Especially if it’s your first try. From researching your target market to making sure your content is top-notch...
14 Smart Techniques to Reduce Shopping Cart Abandonment
Losing a customer late in the shopping cycle can be frustrating. Customers have gone through the full call-to-action process, filled their carts and are all set to check out, and then they vanish, leaving you asking yourself what went wrong. Is there confusion about...
These 13 Employee Perks Weren’t Such Great Ideas After All
Not all job perks work out well for every company. Sometimes, a good idea for a small firm ends up crashing and burning when applied to a larger business. Other times, the perk is interesting only to a small number of people or ends up rewarding the wrong behaviors....
10 companies that have successfully transformed something old to make it new again
Some of the most striking business success stories of the last few years aren't about a new product or idea so much as they are about revamping something well-loved (or at least, well-used) and making it feel exciting again. Pokemon Go might be the most obvious...
13 Reliable Tools to Organize Your Busy Work Day
What platform or tool do you rely on to remain organized at work? The Young Entrepreneur Council (YEC) is an invite-only organization comprised of the world’s most promising young entrepreneurs. In partnership with Citi, YEC recently...
9 Ways You Can Use Video to Elevate Your Brand Marketing Efforts
When it comes to recording content on or for social media, there are so many updates and options it can be difficult to decide which way to go. That’s why we asked 9 entrepreneurs from Young Entrepreneur Council (YEC) the following question: “How are you using...
11 Words of Financial Advice Every First-Time Founder Should Hear
Money doesn’t have to be a scary subject when you’re first starting out. Here’s how you can take your startup’s finances by the reins. A. Always Give Yourself Wiggle Room Running a business is expensive. You may be frugal and creative, but there are always unexpected...
5 Ways to Hone Your Management Style (If You’re New to Managing)
Remember, it's okay to make mistakes. That's how you learn. When you become a manager, you're suddenly navigating unfamiliar territory. The key to success in your new role is treating everything as a learning opportunity, especially any mistakes you may make along the...
10 Creative Ways to Use Snapchat to Grow Your Brand
Snapchat is more than just a social media tool. It’s a unique way to give the world a behind-the-scenes look into makes your brand so distinguished. Here are 10 creative ways you can use Snapchat to elevate your brand. A. Post Team Pictures and Activities We use...
The Differences Between Silent Partners and Investors
1. An Investor Helps Directly With Operations An investor is someone who not only invests in a company but also plays a role in the daily operations and management decisions. A silent partner usually invests a large sum of money but prefers not to be involved in the...