Investors were knocking on the doors of the Karts and Deals that sold similar products in the same old ways with the same old styles. I asked myself what it was that investors saw as their valuations rose and their salaries doubled and tripled. Was discounts and undercutting all that mattered in the e-commerce industry? Did uniqueness not matter at all? Flawed business models, bad decision making, getting carried away like kids in a candy store and much more did not seem to faze investors. While, here I was with an e-commerce company that was pushing a unique idea with innovation and more but I was still not getting the kind of pull that regurgitated model was.
When Jason Lippert became CEO in 2003, Lippert Components (LCI) a manufacturing company was assumed to have peaked while hovering at $100 million in sales.
YouTube is highly regarded as the second largest search engine after Google. The first ever YouTube video was uploaded back in April 2005. If we go back in the past, the journey of YouTube and videos has evolved a lot.
During a break in my seminar on collaborative leadership, a man from the audience told this story: “My wife is an attorney, and I have always been a supporter of women in the workplace. I also believe in collaboration and try to make everyone feel included and appreciated. So I was totally taken aback when a woman on my management team said that I didn’t value her opinion. I assured her that I valued and relied on her insights and had often told her so. But then I got curious and asked her what I was doing that made the opposite impression. She said, ‘In meetings, you don’t look at me when I speak.’”
Growing a small business and ensuring its success is not an easy task due to the fierce competition, when compared to big brands that already have a strong foothold. Hence in the initial years, the success of a small business can be uncertain unless you have formulated a strategized way to reach out to customers who are in need of your products or services.
My special project when coaching female leaders is to improve their influence and impact skills -- in short, their leadership presence.
When you see a red light on the stove, you assume the stovetop is hot, and therefore, don't place your hand on it. In this case your assumption is correct and it protects you from harm. That’s because, we process information through filters that help us make decisions based on previous experiences and information. But making assumptions doesn’t always have positive outcomes. For example, if you start a new job and assume the day begins at 9am without asking anyone, you run the risk of being late.