Print Page   |   Your Cart   |   Sign In
Business
Group HomeGroup Home Blog Home Group Blogs

How To Sleep Like a Leader

Posted By Chris Aird, With Purpose Business Consultants, Monday, April 2, 2018

As a leader within the company or as the top leadership executive, it can be accurately stated that you did not get to that position by only doing what was required of you or through minimal investment of your time.

It is also, safe to say, that through your dedication, determination, drive and sacrifice you have attained to this level of leadership success.

However, it is also important to remember that, as the leader within the organization, that many are dependent upon your continued success. Specifically, it would be your employees, your stakeholders, your family and above all, YOU!

Therefore, it is important to consistently invest in your well-being and one of the best ways to maintain your health, energy and drive is to Sleep Like a Leader.

It may surprise you that a recent survey conducted by the Harvard Business Review indicated that roughly 43% of business leadership surveyed said that they are sleep deprived 4 out of 7 nights a week https://hbr.org/2016/02/theres-a-proven-link-between-effective-leadership-and-getting-enough-sleep.

Consequently, a few important practical tips may be in order to ensure that you receive the adequate rest that you need to maintain your powerful leadership energy, vision and enthusiasm.

Some of those healthy sleeping tips would include:

  • Maintain a consistent bedtime hour.
  • Although keeping current on the events of the day may be necessary, the high-performing executive should detach from the world events at about an hour prior to retiring.
  • If experiencing difficulty going to sleep, check your diet and limit caffeine intake.
  • Indulge in consistent exercise through the course of the week.
  • As much as possible, detach yourself from communication devices at bed-time (cell phones, computers, tablets, etc.).
  • Instruct leadership staff to limit communication when you are “off the clock.”  Perhaps a separate number can be set up for extreme or emergency conversations.
  • Practical advice would include eating lightly at night as well as sleeping on a comfortable bed and in a sleep inducing environment.
  • Utilize homeopathic sounds such as running water or nature sounds available through inexpensive sound devices or listen to soothing music.
  • Take power naps during the course of the day at all possible.
  • Business travel is sometimes necessary – a few tips to manage jet lag may include staying hydrated, scheduling early arrivals, stay active, trying light therapy, etc.

Lead in your own life, take control, good night and sleep well!

Allow us to serve you and your business organizational needs as well as offering opportunities to mentoring your leadership staff.  You may contact us at (480) 280-6505.

Tags:  ASBA  business  business decision-making  business development  Business growth  business knowledge  Business Learning  Business Planning  business services  change  Employers  entrepreneur  finding your passion  getting unstuck  professional development  small business 

Share |
PermalinkComments (0)
 

Business Card Scanning Apps – Have Contact Information at Your Fingertips

Posted By Amy Geils, The Streamlined Office LLC, Monday, July 4, 2016

In March of 2016, I posted a blog entitled Business Cards – Are You Storing Them or Using Them?  I posed this question and wrote the blog because all too frequently I find that my clients are spending valuable time networking, building referral partners, and interacting with potential clients.  An exchange of business cards is often made and then that valuable contact information remains on the card and is often filed away in a drawer or placed in a business card binder (yes, those still exist).  If this describes you, then check out my review of the most popular business card scanning apps and how they can streamline the process of getting business card information directly into your digital contact list!

 

Tags:  b2b  be more productive  business knowledge  Business Learning  education  efficiency  office organization  productivity  small business  technology  technology support  workflow 

Share |
PermalinkComments (0)
 

What's Not Keeping The Fastest Growing Companies Awake At Night

Posted By Jason Trujillo, Woodbury Financial, Tuesday, October 21, 2014

What's Not Keeping The Fastest Growing Companies Awake At Night by Steve Parrish. Article originally appeared on Forbes.com on October 17, 2014. Click here to read original article.

I’m in Arizona this week at a meeting where 1,500 business owners and key employees have gathered to:

  •  Share best practices
  • Learn from each other
  • Hear from nationally recognized experts

 These are businesses that have made the prestigious Inc. 500/5000list.

 And what have I learned?

 It’s my third time at the Inc. 500/5000 annual meeting, but there is always so much insight from this  impressive group.

 A colleague and I presented on the financial issues that are keeping business owners awake at night (taxes, retirement planning, employee benefits, etc.). My big takeaway from the discussion was the long list of business issues that are NOT keeping them awake at night.

 These are issues that are being addressed, neutralized or even leveraged.

 Optimism for the overall business environment

 As always, there is a lot of enthusiasm and confidence among Inc. 500/5000 attendees.

 These are entrepreneurs with fast-growing companies.

 Pessimism and insecurity would simply not work for this crowd. That being said, this is the most upbeat I’ve ever seen Inc. 5000 business owners. They are reporting a positive consumer market, good liquidity and a manageable economic environment.

 The elephant in the room

 In past years, the Affordable Care Act (ACA) had been the proverbial elephant in the room. Some disguised their concerns through a political rant, some procrastinated by taking a “wait-and-see” approach, and many simply chose to ignore the law.

 Despite all the bravado, however, I sensed the ACA was keeping them awake at night.

 This year there seemed to be a refreshing turn. Companies have come to accept the reality of the ACA’s existence and have started learning and adapting. These businesses are almost universally building healthcare planning into their strategic and tactical business planning.

 Incorporating the new law has caused some growing pains. One retailer I met with can’t find anyone who wants to provide his successful company health insurance, and his business – by default – is relegated to the federal exchange market.

 But the owner is simply accepting the challenge as a normal part of doing business, and he’s doing what he can to mitigate its effect on the company’s plans.

 Valuations

 Business owners I talked with are receiving unsolicited sales offers with high multiples of earnings. The buyers appear to have available financing and liquidity.

 These are fast-growing companies, of course, and the multiples being offered are dependent on the industry they’re in. Still, compared with three years ago, the merger and acquisition market has heated up significantly.

 Interestingly, notwithstanding these high multiples, there doesn’t seem to be much of a mood among owners to take the money and run. Many want to grow their companies organically and eventually sell their business interests to their other partners or employees.

 Marketing

 Fast-growing companies always seem to have a unique marketing spin, but there are some themes I noticed that apply to a number of marketing strategies.

  •  Retailers who entered the market by selling online are often seeking to additionally sell their products through brick-and-mortar retailers. I talked with both a snack company and a skin care company that sell through the Internet but have started to also sell their products through name-brand retailers in malls. They report that this gives them some credibility to advertise on the Web. They promote that they also sell their products at, say, Bed Bath & Beyond, GNC, etc.
  • Retailers that traditionally sell through their own stores or dealerships are increasingly finding success in selling online. Imagine an RV company that reports excellent sales through Web purchases. A family researches the product online, even buys online, and then comes to the shop to pick up their camper as part of their vacation.
  • Similarly, manufactures and retailers of big-ticket items like specialty vehicles report success in selling used products through the Web. They buy back products they’ve manufactured or sold, post it on the Web and sell it to a new buyer. Consumers are accustomed to eBay-style purchases, and they find peace of mind in buying a used product through the website of the original manufacturer.

 Key employees

 It was particularly encouraging to see that employers want to address recruiting and retaining key employees.

 Business owners recognize that key people are mobile and attuned to pay and benefit issues. The “keep my head down and keep my job” mentality is history among employees.

 Even more encouraging is that many of these owners want to avoid the mistakes of the past, where the solution was to try to mollify the key employee with stock options or restricted stock. A number of business owners are interested in unique and exciting employee benefits (voluntary service days off, weight loss programs, flex time) and goal driven incentive plans.

 They’ve come to realize pay and bonuses work as rewards but not necessarily as retention tools. More than one owner I talked with plans on selling their business soon yet still wants to install long-term incentive plans for key employees.

 In the end, I can only guess what business issues do or don’t keep these successful business owners awake at night, but I did see a lot more willingness to recognize potential problems as opportunities for the future rather than impediments to growth. No wonder they’re among the fastest-growing companies in the country.

 

Tags:  Affordable Care Act  Business Best Practices  business concerns  Business Learning  business planning  business worries  employee benefits  fast growing companies  Forbes  Inc. 500/5000  National Business Experts  Principal Financial Group  retirement planning  Steve Parrish  taxes 

Share |
PermalinkComments (0)
 

Affordable Dental Plans for ASBA Members

Delta Dental of Arizona

2 employees? No problem! We’ve got a dental plan to meet your needs & budget. Click to learn more!

LEARN MORE

Join ASBA

ASBA

ASBA is the most powerful resource for your business in Arizona. We ensure the tools we offer are valuable and support the growth, education and connections necessary for today’s top business minds.

LEARN MORE

Enterprise Bank & Trust

ASBA

Enterprise was founded on the idea of serving the lifetime financial needs of privately held businesses.Today, we continue to empower privately held businesses and also help families to secure their financial futures.

LEARN MORE

RSVP

Coffee Connect with ASBA

REGISTER

Date: Held monthly
Time: Click for times based on location

RSVP

ASBA Speed Networking

REGISTER

Date: Held monthly
Time: Click for times based on location

Have Questions on Health Insurance?

Health Insurance

Do you have questions on plans for Individual, sole proprietor, or group? We can get the answers needed to make sure you find the right plan for you and your employees.

LEARN MORE

Partner Program

CopperPoint

ASBA’s Partner Program delivers your brand throughout Arizona. Share insights, connect with small business and highlight your company’s involvement with the association. Contact Jodi Towns to get started.

LEARN MORE

Upcoming Event

Health+Plus

ASBA is bringing you Health+Plus, an all-inclusive healthcare experience for business owners! We’re getting you in front of healthcare providers, insurance carriers, health and wellness experts, HR, software solutions, telemedicine, and more.

REGISTER

Association Management Software Powered by YourMembership  ::  Legal