Managing people is one of the biggest challenges of any business.  Your employees can make or break you.  The people problem is even more important for early stage businesses.  You can't make a hiring mistake when you are just getting started - period.  However, as you grow, you must add people.  You will greatly limit your ability to scale if you don't know how to manage people properly.  Managing people is a complex problem that's hard to replicate successfully.  Here's...

Josh Andrews, founder of Legal to English, recently interviewed John Burdett, founder of Fast Slow Motion, about the importance of building businesses based upon practical processes and procedures.   The interview covers: How you can’t build the perfect product and you can’t just sell anything, but you need to meet somewhere in the middle.Building business processes to make you successful.How dangerous it is to scale without business processes in place.Simply purchasing technology can’t solve the underlying problem of a bad processes.Building...

One of the great things about today's business environment is that you can start a new business with a scalable infrastructure with very little money in a short time period.  While you can set up everything very quickly, how can you set up your business so that is built with a solid foundation for growth that immediately appears professional and viable in the marketplace?  Here's a few tips on setting up a business we've learned over the years: Select the...