Intertech Named to Top 25 Development Firms List
Thanks to our customers and employees Intertech was named to the Minneapolis/St. Paul Business Journal’s List of Top 25 Web Development Firms.
Communicating Good vs. Bad News
When communicating good vs. bad news, use the following approach:
- Have good news? Share it has it happens. Research says we like winning. Winning $5 twice feels better than $10 once. In business, if you have good stuff to share, share it has it happens.
- Have bad news? Bunch it up. Research says we don’t like losing. Losing $10 once versus $5 twice isn’t as good. In working with others, if you have bad stuff to communicate, before you share it, ask, “What else should I know?” Have one conversation to cover all bad news.
Lessons on Learning
In a recent article in The Economist, my favorite magazine (minus any that report on realty TV ;-)., has a great article entitled “A very British business: Some lessons from the success of Britain’s elite private schools.” The article notes three areas where business could learn a lesson from (essentially) K-12 schools in Britian:
- “The first is that ‘tradition’ and ‘innovation’ need not be mutually exclusive.” In short, you can be in a business and still have enough vision to innovate/re-envision the business.
- “Performance measurement isn’t something performers are scared of. “I had a call today with a former long-term client. His son is looking at attending a boot camp. I shared to ask for scores and placement rates at program completion.
- “…insiders can make the best revolutionaries.” In the article, it shares that effective transformers can come from inside a business. I agree.
Small Business State of the State
The state of small business, in my opinion, is pretty fascinating. Here are some stats from a Business Insider infographic:
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- The U.S. government defines small business as less than 500 employees and 50% of workers work for small businesses
- 65% of new jobs since ’95 are in small businesses
- Only 7 out of 10 new employers last two years, half last five years, a third make it 10 years, and only one out of four makes it 15 years
The Four Fundamentals for Success in Life
Dan Sullivan, the person behind Strategic Coach, many years ago stated the four fundamentals for success in life:
- Show up on time
- Do what you say
- Finish what you start
- Say please and thank you
He goes on to say, and I agree, that while many other pieces are required for success, continually skip one of the above and success in life will be hard.