Category Archives for "Tips"
Hello! Irene here, and today I am going to share something I’ve noticed over the many years working with business owners.Many of them try too hard to be a “good boss”, meaning a boss liked by the employees, rather than an effective boss, or one who sets and enforces standards and procedures in order to create maximum possible […]
Continue readingHello! Irene here, and today I am going to share an old story about how a frog can easily get cooked and its relevance to you!Since a frog has the ability to jump quite high, if you take a frog and toss him in a big pot of hot water, he’ll jump right out.But if you put the frog […]
Continue readingHello! Irene here, and today I am going to talk about “sunk costs” and how I see the concept in action when it comes to having employees.A sunk cost is a cost that has already been incurred and cannot be recovered.I see sunk costs from an economic perspective, as well as the less considered emotional and energetic perspectives.I […]
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