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Traction Inc.

08 May Why Your Team Is Only As Strong As the Weakest Member

Posted at 12:47:41 PM by Chris Hallberg

As the leader or senior manager of a business you recognize that at a certain point every company will have issues dealing with people who can bring down the entire team.

As a small business implementor, I know that every company and every team is on a spectrum from weak to strong. Where does your team and your company fall on that spectrum and what can you do to move from weak to strong?

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Topics: Business Advice, Business Coaching

01 May Why Less Can Be More When It Comes To Business Structure

Posted at 7:30:00 AM by Chris Hallberg

Some of the best business advice I can give is when putting together your business structure, it’s important to understand the steps of execution to create a flawless plan. There are many steps involved, and when done correctly, you will have created a lasting foundation for your entity. When starting out, it’s best to condense the components of your business to the fundamental parts to have a better understanding of what you want, need, and where you plan to go. Here are a few other key steps:

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Topics: Business Advice

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

Posted at 8:00:00 AM 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 8:00:00 AM 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

10 Apr Entrepreneurial Operating System: 5 Signs it’s Time To Implement EOS

Posted at 10:25:00 AM by Chris Hallberg

Businesses often go through growing pains within the organization which can have a significant impact on the bottom line. Although the ideal scenario would be for everyone to work together and complete their tasks as outlined, this is often not the case. This leads to dissent and confusion, creating a smokescreen that hides the real issues.

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Topics: Business Advice, EOS

03 Apr Business Advice: How To Deal With People Issues Within Your Organization

Posted at 8:00:00 AM by Chris Hallberg

In Darwinism terms, people are herd animals. We like to spend time with our associates, complain about the smallest of tasks, and band together to accomplish challenges. However, in a small business, people are also the cause of some of the greatest issues. To quote two of our favorite Someecards, here are some common "people issues" that every organization is bound to encounter at some point.

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Topics: Business Advice

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

Posted at 1:29:26 PM 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

25 Mar The Top 3 Ingredients to a Successful Business According to a Business Coach

Posted at 8:00:00 AM by Chris Hallberg

When starting a business, the most crucial element of your business model should be creating a core value system that will resound within your organization. Core values define where you are and where you want to go, what types of employees will be a good fit for the organization, and how these elements can work together for success, now and in the future. A core value system is an integral part of an Entrepreneurial Operating System, as it helps define the key components of your organization for management and progression.

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Topics: Business Advice, EOS, Business Tools

20 Feb Building Your Business: 5 Steps to Create a Clear Focus & Vision

Posted at 8:00:00 AM by Chris Hallberg

Growing a business requires diligence, focus, and a clear vision. While this may seem like a manageable set of requirements, often times business owners find themselves being pulled in countless directions. From billing questions to marketing meetings to hiring new recruits, a business owner can soon find that their workload is spiraling out of control. In order to help you effectively grow your business, we have devised five steps that will help you to create focus and a clear vision.

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Topics: Business Advice, EOS, Business Coaching

13 Feb Business Advice: 3 Steps You Need to Take to Solve Internal Problems

Posted at 1:29:00 PM by Chris Hallberg

Businesses face a myriad of external problems — demanding customers, unstable supply chains, shifting global financial markets and ever-tightening government red tape, to name a few. It’s no wonder that internal problems often get short shrift when it comes to attention from corporate leadership.

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Topics: Business Advice