When deciding whether to invest in hopeful entrepreneurs who enter ABC's Shark Tank, Barbara Corcoran relies heavily on her gut reaction. Though the investor does her due diligence to learn about a company's finances, sales history and background, her final decision is often based on whether she likes the person doing the pitch.
Performance-based raises can be a difficult subject for business leaders, especially if there’s not enough room in the budget to give everyone on the team a substantial increase. Determining who receives a pay bump — and more importantly, how much they get — requires you to know how to set your parameters in order to evaluate your employees. To find out, we asked 14 members of Young Entrepreneur Council (YEC) the following question:
You know the kind of to-do list item I'm talking about -- the ones that linger at the bottom of your list as you churn through less horrible tasks above it, the one that seems to laugh at you every time you look at your list, the one that causes a sinking feeling in your stomach every time you tell yourself, "Today is finally the day!"
Fear is one of the most powerful obstacles to people's results and success.
In a society that values strength, independence and self-reliance above all else, why express yourself? Why go out on a limb to reveal anything other than the highlight reel you post on social media in any situation, let alone in the setting where it could cost you the most: at work?
You might assume that keeping employees happy would require more money or time off. And while both those things are certainly appreciated, employee happiness is a bit more complex. Employers are starting to recognize that keeping their employees happy and fulfilled at work means getting a little creative.
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