Sometimes starting your own company isn't all fun and games. In this video interview, one founder describes the reality of her company's early days as "work-work blance." Yet another founder, more advanced in his career, reassures her that work-life balance changes as responsibilities change. It's all about hiring the right team and learning to delegate. Watch the entire video here.
University of Virginia's basketball coach, Tony Bennett, has an awesome theory on leadership, built around 5 core princples. The entire article is simply inspiring.
"Servanthood- do what it takes to make your team more effective and productive."
Don Bailey, CEO of Questcor Pharmaceuticals, shares his biggest leadership secret on Forbes.com and we're loving it!
"There are 3 roles of leadership: lead, follow and get out of the way. The key is to know when and how to do each."
There seems to be a landmine of financial mistakes a business can make. CEO of Fortune Cookie Advertising, Shawn Porat, says that nothing can sink your ship faster than undisciplined budgeting. This is also known as spending on the wrong things at the wrong time. Inc.com compiled his 3 common mistakes of overspending here:
Forbes.com published an awesome series this week called: "Billionaire Mentor." While this video is packed with info, here's our key takeaway from founder Olga Vidisheva of Shoptique :
"I didn't take the [investor] money for 8 months. I wanted to make sure my business was big enough that it would be a good relationship with investors. I didn't just want to take their money."
Dylan Purcell-Lowe was serious about his kickstarting campaign for his invention Somabar. This article, on Entrepreneur.com, shares his secrets for creating a Kickstarter campaign that reached its success in only 53 days. Initially, the founders planned on not spending any money in marketing their product. But after thorough research of previous successful Kickstarter campaigns, they decided to invest heavily in professional videography and photography. And, well, it certainly paid off!