Thu.Jul 12, 2018

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An Unexpected Adventure Creates Friendships for Life

Entrepreneurs' Organization

Written for EO by Scott Maloney, president of K2M Design and an EO Cleveland member. In June 2018, Scott and his son were visiting Tokyo when an unexpected disaster led them to experience the true meaning of being a part of #1EO, one group supporting each and every member. A few months ago, I had returned from another amazing global adventure. I sat down with my family at dinner and began sharing details about my recent trip.

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Are you the bottleneck in your organization?

Berkonomics

Close. At many board meetings, I can be counted upon to ask, “Where’s the bottleneck this month?” Senior management is usually prepared with an answer, and a good discussion of resource availability and application follows. Sometimes, the bottleneck is not so visible to the CEO. In those instances, I follow with: “Do you notice people waiting at your door, telling you that they were waiting for your response or decision, even if you were unaware of this?”.

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Being an Entrepreneur Means Learning Through the Ups and Downs of Business

Entrepreneurs' Organization

Written for EO by Kirsten Quigley, the founder and CEO of LunchSkins , a company that manufactures dishwasher-safe reusable bags, and new recyclable and sealable paper bags for food on-the-go. Troubled by the ongoing reports of plastic waste ruining our environment , Kirsten transformed her passion into a business. She shares the twists and turns along her journey so far, how she reinvented her business, and why she’s feeling particularly positive about her future today. .

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The pros and cons of having co-founders

NZ Entrepreneur

We often see single founders slogging it out on their own. While this isn’t necessarily a “problem” that needs solving, it does warrant a discussion. Building a company by yourself can be challenging without a strong network around you. Founders can be reluctant to give up equity and control of their idea to bring in a co-founder alongside them to share in the decision making, as well as the highs and lows.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.