Start, scale, and sell with me as your entrepreneur coach
Consider me your secret weapon for your entrepreneurial journey.
I built a $50 million business and sold it to a public company.
With 25 years of experience as an entrepreneur myself, I’ve founded and cofounded multiple startups that generated a combined revenue of over $300 million.
I’ve hired thousands of people.
Now, I help entrepreneurs and start, scale, and sell their businesses the right way for them. Because it’s personal!
Sitting in an executive leadership meeting led by a business coach, I got curious about his experience and…
6 KPIs that all founders and business owners need to track
Business Metrics, also dubbed as KPI (Key Performance Indicators) is the cluster of important business data that will help grow your business through well-informed decisions.
The number of KPIs that can be tracked vary widely depending on the type of your business and taking note of too much data can result in wasting an entrepreneur’s valuable time.
On the other hand, gathering the correct data can help you make smarter business decisions in the long run rather than depending on gut checks and mere luck.
Below are 6 important…
Have you seen the Donut King documentary?
Ted Ngoy’s story is a perfect example of how personal issues can show up to affect an entrepreneur’s success and their relationships. In fact, I believe that those issues are a large part of what makes us become entrepreneurs in the first place.
For lots of entrepreneurs, the struggle is real. We get caught up in the drama of bootstrapping, we become addicted to the ups and downs of risks, we forge ahead into the unknown — sometimes living in vagueness and without a plan.
But if we work through our addictions, traumas…
And how your company will be better for it
Companies are a lot like relationships. Often it’s a turbulent experience while other moments are blissful. The constant ups and downs will result in difficult decisions, like letting someone go (link to How to Know it’s Time to Fire a Team Member).
The choice to fire will never be an easy one to make, no matter how long you’ve been in business. When it comes down to it, and as cliché as it sounds, it’s for the greater good of the company (trust me on this).
Take a look at some…
It goes beyond what’s obvious
Breaking up is easy to do.
Said no one ever. Whether it’s a romantic relationship, a friendship, or work-related, separating yourself from others is never easy. Especially when it comes to business. (Take it from me, I’ve conducted over 1,000 hires.)
Running a company means other people are essential to its success. But what happens when those entrusted aren’t living up to their expectations anymore?
Letting somebody — or sometimes, multiple somebodies — go brings up all kinds of emotions. It’s nerve-wracking to the point you’re constantly wondering if this is the right choice. …
And the beginning of my entrepreneurial journey
This story is for entrepreneurs who want to scale their business but are feeling stuck in being overwhelmed by doing everything themselves. I share from my own experiences of building companies for over 25 years, including building a $50 million business and selling it to a public company.
This is about my first employee and what I learned.
In the beginning
I hired my first employee when I was 27 years old. I’d quit my job a few months prior, set up office in a rental home in Pasadena. My then husband quit…
Focus on your company
We all tell the story we want other people to hear. When we write the “about us” page, we talk about the things that will promote our business and showcase our credibility. But even if the “about us” story is totally authentic, it’s never the full story.
I talk to individual entrepreneurs every day. Everyone knows that entrepreneurship is hard, but we’re out there every day trying to show the world that we’ve got it handled.
Then other entrepreneurs read the advice and stories of others and it seems like everyone else is further along. We…
How to use PIPs effectively for your employees
I know what you’re thinking, This sounds so corporate. It does, but hear me out anyway. Performance improvement plans (or let’s just call them PIPs), can save you from severing someone from your company.
If you think everyone deserves a second chance, this is where that knowledge comes into play. It gives your struggling team member an effective plan to give a second life to their performance. Sometimes, people just need guidance — we all lose our way from time to time.
With that said, here’s how to do PIPs the right…
Letting people go isn’t easy, but you can create systems to improve your process.
A good recipe for a strong business includes success, teamwork, and growth. One without the other doesn’t amount to much. The best way to incorporate these “ingredients” is with a rock-solid team that embodies your company’s core values.
Without employees practicing them, it’s a recipe for disaster. They’ll prevent your business from flourishing and accomplishing milestones. In my last article, “Using the People Analyzer Tool to Build a Cohesive Team,” we went over identifying the right people for your company and its values.
Now, we’ll evaluate…
Make sure employees align with your company’s core values
Building a company is like a puzzle. You need all the pieces in the right places to complete your vision. That includes a cohesive team.
However, determining the right people for the right positions is challenging. This tool provides direction while making the decision to hire easier. Let’s dive into what People Analyzer has to offer.
What is People Analyzer?
First, let’s start off with everything there is to know about this handy system. It’s a visual tool within the Entrepreneurial Operational System; second of six components within EOS. …