We hear a lot about classroom bullies. But what about bullies in the workplace? It happens and it can have a serious affect on your small business. Small business expert, Susan Solovic, shares tips on how to deal with a workplace bully.
The dictionary defines a celebrity as someone with fame — renown. In the past achieving celebrity status was enjoyed only by people who soared to the top in fields such as acting, national sports, politics and journalism. People whose faces, names and voices appeared regularly in our homes on television, in newspapers and magazines and on radio.
Traditional media coverage is no longer necessarily needed to build celebrity status. With the advent of technology and social media almost anyone can become a recognized expert — mini-celebrity — in their field. Yes, that means even you can propel yourself to stardom and fame. But it takes hard work, dedication and most of all patience.
The heat has been brutal so far this summer in many parts of the country. Too hot for the kiddos to play outside. In my community, the swimming pools even closed. Many parents told me their children were going stir crazy — anxious to find something to do with their time.
Even under normal weather circumstance, the summer months often create challenges for small business owners. How do you balance the conflicting demands of running your business and spending time with your children. Many who are working tirelessly to build their businesses, feel guilty and conflicted over the lack of time they have to spend with their children. So let me ask: Why not let them work with you this summer? You get to spend time with them. The children get valuable experience. And there may be tax advantages as well.
This week we celebrate America’s independence. On July 4, 1776 the Declaration of Independence was signed declaring our country’s independence from Great Britain. This national holiday, commonly referred to as the 4th of July, is typically associated with fireworks, parades and summer parties. But independence has a broader meaning for small business owners. The spirit of independence is what motivates many entrepreneurs — the opportunity to become your own boss and create your own destiny.
At the height of his playing career in 1958, Stan Musial at the age of 38 signed a one-year $100,000 contract. It was the highest salary in the history of the National League. Recently Albert Pujols signed a 10-year $254 Million contract. It is the second biggest contract in Major League Baseball history. At the age of 38, he will earn $25.4 Million.
So what do these two contracts tell us? Is Albert Pujols two-hundred-and-fifty times more valuable than Stan Musial? Is his batting average two-hundred-and-fifty times higher than Musial’s? How about his average number of home runs or average number of hits? Did the Cardinals under Albert win two-hundred-and-fifty times more often than under Stan? Obviously not.