CEOs need to decide The “40-70” Rule As the CEO of your business, you must make many critical decisions about the strategic direction of your company. Every decision that you make is determined by a variety of factors such as information, confidence, experience and your willingness to call the shots. When all these pieces come together to help in the creation of a decision things can get blurry. To bring some clarity to the decision-making process let’s look at a proven decision-making process  that was developed by Colin Powell, the former head of US military forces and former Secretary of

As a small business owner, you’ve built your business from the ground up.  However, as your small business starts to flourish and expand, your role with the business needs to change. The day arrives when you are no longer the business owner but need to become the CEO of your business. This transition comes with many challenges and your responsibilities will change so your approach needs to evolve. Here are some of the key changes you will need to incorporate: Shifting Mindset To make this transition smoothly, first and foremost, prepare yourself mentally. Understand that your role as the CEO