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Traction Inc.

31 May How a Small Business Coach Helps

Posted at 09:00:00 by Chris Hallberg

According to the U.S. Small Business Administration (SBA), small businesses make up 99.7 percent of U.S. employer firms and account for 67 percent of new private-sector jobs. That translates into a lot of people transitioning from an “employee” position to “employer” status.

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Topics: Business Tools, Business Coaching

12 Dec Leadership Accountability: The Secret to Effective Employees

Posted at 14:00:00 by Chris Hallberg

Performance management is an ongoing challenge in most organizations. Managers spend hours huddled over spreadsheets, analyzing employee performance metrics, looking for ways to improve performance and boost production. When mistakes happen – and they do happen – the bulk of the blame is often shoved off onto the employee. What leaders often fail to acknowledge is their role in the errors. This lack of leadership accountability can cause problematic issues to continue repeating. This, in turn, causes a decrease in employee morale as frustration and devaluation increase.

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Topics: Business Advice, EOS, Business Tools, Business Coaching

15 Jul 5 Signs that You Have a Great Company Culture

Posted at 13:00:00 by Chris Hallberg

You probably spend most of your waking hours at your workplace, but if that workplace is negative, it creates a toxic environment and a place you won't enjoy being, while also harming overall productivity of the team. However, if that workplace is positive and full of integrity, your vision and the vision of all those involved will soar and your workplace will become an enviable place to be while you watch the company grow and flourish.

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Topics: Business Advice, Business Tools

19 May 10 Ways to Know You Have the Right Person on Your Leadership Team

Posted at 08:00:00 by Chris Hallberg

Chances are you've heard the saying, "You are only as strong as your weakest link" quite a few times. While this proverb is certainly a rather trite phrase, it is also very true, especially when it comes to your leadership team. No matter how uncomfortable or unpleasant it might be, it is necessary to evaluate every person in your leadership team to ensure everyone is contributing both the quality and quantity necessary. If you're not sure how to determine if you have the right people on your leadership team, here are ten tips that will help you do just that. After all…I’ve heard it before, maybe you have too; EVERY company is just one leadership team away from extinction.

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Topics: Business Advice, EOS, Business Tools, Business Coaching

10 Jul The Best Way to Handle Losing Your Star Employee

Posted at 08:00:00 by Chris Hallberg

How do you survive when your star employee decides to leave? This is a time when a formal business management system and the EOS operating system may be very useful.

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Topics: Business Advice, EOS, Business Tools

12 Jun 5 Business Management Insights You Need to Know

Posted at 08:00:00 by Chris Hallberg

In his breakthrough book, Good to Great, Jim Collins first introduced the concept of moving from a “Good Company” to a “Great Company.” He and a team researched companies who consistently led their industries to see what they could learn. 

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Topics: Business Advice, Business Tools, Business Coaching

28 Apr If Your Workplace is Toxic, Here’s How to Fix it.

Posted at 08:00:00 by Chris Hallberg

As the owner or senior manager of a growing company, you know how important it is to create and maintain a work environment where your employees actually want to work.

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Topics: Business Advice, Business Tools, Business Coaching

14 Apr Avoid These 3 Mistakes If You Want Your Small Business to Succeed

Posted at 08:00:00 by Chris Hallberg

According to the U.S. Small Business Administration (SBA), 50% of all small businesses fail within 5 years. Most of these failures occur from one of or a combination of the following three factors; company vision, overestimating demand, and being in a saturated market. Not to mention, failing to reach out to a small business coach in time of need. 

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Topics: Business Advice, Business Tools, Business Coaching

30 Mar “Traction” By Gino Wickman: The 3 Key Take-Aways You Need To Know

Posted at 13:29:26 by Chris Hallberg

As an entrepreneur, you understand the value of creating a clear vision and then communicating that vision to your management team. You also the value of objective advice and insights. You value outside advice and are willing to do whatever it takes to achieve the success your desire for you and your company.

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Topics: Business Advice, EOS, Business Tools

27 Mar 5 Questions to Answer When Creating Your Company's Core Values

Posted at 10:21:22 by Chris Hallberg

Defining your business’s core values is vital for its growth, expansion and success. Your company’s shape, vision and culture are all contingent upon rock-solid values, as is its overall architecture.

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Topics: EOS, Business Tools, Business Coaching