Redmon’s Rules – Rule #17: Building a Business

Redmon’s Rules: providing weekly rules and tips on leadership, management, business growth and strategy. 17th Rule: Building a Business When competing on price alone, your clients and prospects that are price shopping will always go to a competitor that undercuts you. Focus on building your business on its value – the work you deliver, the…

Redmon’s Rules – Rule #16: The Growth Factor

Redmon’s Rules: providing weekly rules and tips on leadership, management, business growth and strategy. 16th Rule: The Growth Factor Everyone aspires to have a growing company, but what do you do when growth exceeds your capabilities? To avoid this bottleneck, strategically plan your way to the top. Map out every avenue that could potentially produce…

Redmon’s Rules – Rule #14: Employee Recognition

Redmon’s Rules: providing weekly rules and tips on leadership, management, business growth and strategy. 14th Rule: Employee Recognition We all share a commonality of wanting to be recognized for our efforts. Don’t delay praise. During moments of progress, tell employees they’re during a good job. Be the catalyst that boosts their performance. Are you recognizing…

Redmon’s Rules – Rule #12: Identifying the right business opportunity– risk mitigation

Redmon’s Rules: providing weekly rules and tips on leadership, management, business growth and strategy. 12th Rule: Identifying the right business opportunity– risk mitigation Walk away from any business opportunity that doesn’t create value or have the potential to; consider it risk mitigation. Do you have risk mitigation strategies in place? How does those strategies protect…

Redmon’s Rules – Rule #11: Motivating Employees

Redmon’s Rules: providing weekly rules and tips on leadership, management, business growth and strategy. 11th Rule: Motivating Employees Are your employees feeling mundane and uninspired? Motivate employees by sharing your vision for the company and communicate how their role directly affects its success. Employees want to feel like they have a purpose and are an…

Redmon’s Rules – Rule #10: Reassessment

Redmon’s Rules: providing weekly rules and tips on leadership, management, business growth and strategy. 10th Rule: Reassessment Knowing the limits of your company’s capabilities is valuable knowledge. This allows you to exercise good judgment in determining which business channels will yield the greatest return using your existing infrastructure. Rocky infrastructure? Go back to the basics…

Redmon’s Rules – Rule #9: Don’t Micromanage

Redmon’s Rules: providing weekly rules and tips on leadership, management, business growth and strategy. 9th Rule: Don’t Micromanage Instead of hovering over employees, relinquish control and trust your executive decision-making skills that you hired the right person for the job. Micromanaging runs the risk of creating a counterproductive atmosphere, which can diminish value delivered to…