Last year, Boston Consulting Group, Harvard Business School, and Wharton released a study that compared two groups of BCG consultants ; those that used AI and those that did not. The results show that consultants with AI completed 12% more tasks and did so 25% faster. They also produced results their bosses thought were 40% […]
The U.S. surgeon general, Vivek Murthy, called for a warning label for social media platforms in a New York Times Guest Essay, advising parents that the technology may fuel a mental health crisis among their children.
He suggested that such a label would be similar to those placed on cigarettes and alcohol products.
In his guest […]
I am constantly amazed that the hardest word to say in small business seems to be the word “no”. To me. “no” is a freeing word; it sets boundaries regardless of whether you are the prospect or vendor.
But it seems that nobody wants to say the word “no” even if their actions are screaming it.
Let’s face it; we are an immediate gratification society when it comes to our businesses and our personal lives. I remember during the Internet Bubble of 1999 when entrepreneurs hoped they could write a business plan on the back of a napkin and investors would give them $10M. It may have worked that way during […]
Every year, I predict what will happen in small business. In 2023, I got things pretty wrong in my top economic predictions. Overall I was at about 50% in all predictions which is not smart. I think the economy’s resilience surprised a lot of people in 2023. Here is what I said was going […]
Here are the top questions that small business owners are asking this year in 2024:
How do I find the people I need for my business?
There is still a war for talent now although easier than 2023. Unemployment is at 4%. Find how to get them to choose you selecting people’s goals that match your […]