Accurately gauging the fit of a job candidate can be difficult, and sometimes new hires who seemed great during the interview process don’t pan out as expected. In situations like this, a leader must take action to course-correct and figure out the problem before the whole team suffers. To help you identify some red flags to look for early in a new employee’s tenure, a panel of Young Entrepreneur Council (YEC) members answered the following question:
Today’s Question: What particular elements do you pay close attention to when evaluating candidates’ LinkedIn profiles? Why are these things reliable signs of an impressive candidate? These answers are provided by Young Entrepreneur Council (YEC), an invite-only organization composed of the world’s most successful young entrepreneurs. YEC members represent nearly every industry, generate billions of dollars in revenue each year, and have created tens of thousands of jobs.
Artificial intelligence may not be a fringe technology anymore, but that doesn’t mean businesses are using it to its full potential. From automating repetitive processes to forecasting to better serving customers and clients, companies can realize significant productivity gains and cost savings from the smart application of AI. Even though AI’s potential applications are widespread, businesses would be wise to take focused, careful steps in applying the technology to best meet their unique needs.
Building a successful organization requires a comprehensive business strategy across each of your departments. It is also closely related to your business model, the industry you belong to, the status of your finances, the available opportunities, and—of course—your team. While your senior management team may be aligned with the company goals and vision, you want to build a culture of self-managed rockstars. Otherwise, you’ll fall into the trap of micromanagement.
Employees want to feel valued, included, and represented at work. Not only do they want to receive encouragement from supervisors and support from upper management, but they also want to be able to express themselves and their opinions freely with colleagues without fear of retribution. Leaders have an important role to play in creating an accepting, comfortable work culture that benefits employees.
Employees want to feel valued, included and represented at work. Not only do they want to receive encouragement from supervisors and support from upper management, but they also want to be able to express themselves and their opinions freely with colleagues without fear of retribution. Leaders have an important role to play in creating an accepting, comfortable work culture that benefits employees.
Eighteen years since the inception of the popular content management system, I still hear contradictory opinions during sales calls or when attending networking events. The idea that “WordPress is a blogging platform, it’s not suitable for larger systems” is a recurring thought that slowly fades away but still pops up every now and then. In fact, the ubiquitous system that currently powers 42.5% of all websites has evolved significantly over the past decade.
Today’s Question: What particular elements do you pay close attention to when evaluating candidates’ LinkedIn profiles? Why is this a reliable sign of an impressive candidate? These answers are provided by Young Entrepreneur Council (YEC), an invite-only organization composed of the world’s most successful young entrepreneurs. YEC members represent nearly every industry, generate billions of dollars in revenue each year, and have created tens of thousands of jobs.
According to several independent studies, 80% of leadership positions have no formal training at all. If you run a mid-sized business and promote your management team internally (as the majority of the organizations out there), you likely fall into the majority of the businesses that grow organically. Management, along with leadership, is often taught “on the job”—without an MBA degree or background in economics to help you move forward.
A strong manager can inspire loyalty and guide their team toward reaching their goals, helping the company reach new heights. Conversely, a manager who is ineffective or difficult to deal with can drive away talented employees, leading to high turnover rates and the subsequent loss of time and capital. That’s why it’s crucial for managers of all levels to focus not only on team deliverables and outcomes, but also on their own leadership skills as well.
As an introvert, I’ve spent the majority of my entrepreneurial life mastering the techniques of inbound marketing. But avoiding outreach forever isn’t sustainable — especially in the early days where SEO is practically non-existent and your social-media followers primarily represent your “friends and family” circle.
As a leader with a lot of responsibility on your shoulders, you’ll likely experience many moments that cause you anxiety or fear. Whether you’re battling imposter syndrome or simply taking on too much work, it’s easy to feel like you’re just treading water. Thankfully, there are ways you can address these stressors and insecurities to become the most empowered leader possible.
As your company grows, you might face challenges maintaining the same level of transparency across departments and teams as you had when your company was small. However, doing so is crucial to cultivating a healthy company culture with every employee on the same page. A big part of promoting transparency is ensuring clear communication between all departments, especially when it comes to shared projects and goals.
Despite the logical predictions about how the Covid-19 pandemic would negatively impact the economy across 2020 and 2021, many industries managed to sustain the hit and even grow sustainably. S&P 500 and Dow Jones Industrial Averages set record highs in August. Most industries mark growth over the course of the year, excluding highly affected segments such as airlines, restaurants, leisure and auto parts.
The employment market has transitioned through multiple phases since the beginning of 2020. According to the Bureau of Labor Statistics, the unemployment rate in the U.S. is 5.9% as of June 2021, down from nearly 15% reported in April 2020. In the spring of last year, lockdowns and preventive measures had severely affected most on-site sectors, and remote work led to limited opportunities for fresh graduates looking for internships and entry-level jobs. Simultaneously, many who would be considered top talent chose to retain th
Whether it’s blog posts, podcasts, videos, newsletters or something else, today’s consumers are looking for a steady stream of valuable, interesting information from the brands and influencers they follow. For leaders, producing high-quality content is an excellent strategy for growing a loyal audience and influencing public opinion. However, if you want your content to be influential, it has to be done right.
One of the biggest challenges for any new entrepreneur is learning their own sales habits and processes. It can take years for a person to really hone their skills and become an excellent salesperson. To help those starting out on their sales journey, the experts of Young Entrepreneur Council shared their experiences.
No matter how organized and productive you normally are, there will be times when you’ll feel overwhelmed with the amount of work you have to do. Feeling like you’re behind on your work can cause additional stress that can affect your output. It’s important to recognize when you’re feeling this way and take the proper measures to get back on track.
Regardless of whether you enforce a probationary period or not, you need to ensure that your new hire has completed the onboarding process successfully and fits the organizational culture. Even the best recruiters out there can’t gauge employment efficiency during the interview cycle. And several studies, including a recent survey by Checkster Research, show that 78% of applicants misrepresent themselves.
The prevalence of procrastination is horrid—affecting almost single individual worldwide. A sample survey led by Micro Biz Mag discloses that more than 84% of the population is prone to procrastinating on a regular basis – with 20.5% of the respondents postponing activities on a daily basis and 22.1% doing it “often”.