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How the 80/20 Rule Will Change Your Business

Have you ever met someone who always seems busy—but if you asked what they’ve accomplished in the last day, or the last week, they couldn’t give you a straight answer?

Maybe, if you’re being totally honest, this happens to you, too?

Let’s face it. Being truly productive in today’s business world is more difficult than ever. Yes, technology has made us much more efficient in many ways, but it also comes with great challenges: The constant bombardment of dings and notifications and emails and phone calls and texts can throw even the most type-A, goal-oriented businessperson out of focus.

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What I Learned from the Story of the Fish

A little girl was watching her mother prepare a fish for dinner. Her mother cut the head and tail off the fish and then placed it into a baking pan.

The little girl asked her mother why she cut the head and tail off the fish.

Her mother thought for a while and then said, “I’ve always done it that way. That’s how grandma always did it.”

Not satisfied with the answer, the little girl went to visit her grandma to find out why she cut the head and tail off the fish before baking it. Grandma thought for a while and replied, “I don’t know. My mother always did it that way.”

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How Important Is My Workplace Culture?

Would you hire an employee who has skills you desperately need but doesn’t fit into your company’s culture?

I posted this question a few days ago to on Linkedin, and received several insightful answers. There was a general consensus that hiring an employee who fits your company’s culture is extremely important—perhaps even more than their skill.

But let’s back up a second. What exactly do I mean by culture?

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The Multitasking Myth

Do you ever have one of those days where you feel like you’re doing so many things, but at the end of the day, you feel like you haven’t gotten anything really important done?

I think everyone can relate to this feeling.

I was speaking about this problem to a friend the other day, and our discussion led to multitasking in the modern world—it’s so satisfying, but is it actually productive?

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Do You Have These Four People In Your Life?

They say the definition of insanity is doing the same thing over and over and expecting different results.

By this definition, I think quite a few business owners would qualify as insane.

But in all seriousness—as entrepreneurs and business owners, so often we get stuck in our own ways of thinking, imprisoned in our own perspectives. Like spiders spinning the same web over and over, we’re unable to see a different way through our challenges.

If this resonates with you, then answer this: Who do you have in your life that you can talk with honestly and openly about your struggles in your business? Who do you have who can listen and encourage and guide you when the going gets rough?

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Delegation: Where Do I Start?

“If you want to do a few small things right, do them yourself. If you want to do great things and make a big impact, learn to delegate,” famously said John C. Maxwell.

I’ve spoken to hundreds of business owners. And there’s one thing I see time and time again: What they struggle with most, and what’s holding their business back from serious growth, is not a lack of business skills or a faulty product.

It’s that they’re simply not delegating enough.

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Best Buy vs. Radio Shack: Why One Failed, and the Other’s Making a Comeback

A few years ago, investors and analysts had put brick-and-mortar companies like RadioShack and Best Buy on a death watch. There seemed to be no way they could compete against the giant Amazon—with its famously low prices, virtually limitless selection, and two-day delivery options—and come out alive.

Living up to expectations, RadioShack filed bankruptcy in 2015—and again in 2017, after a futile attempt at reviving itself.

Meanwhile, Best Buy managed to pull off one of the strongest corporate comebacks in recent history.

The question on everyone’s mind is, Why?

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Congratulations to the Winners of the LTB Awards!

A climactic end to the LTB 2017 Summit, attendees (and those watching live from all over the world) voted for the winners of the inaugural LTB Awards. The first of its kind in the Jewish world, the awards ceremony recognized businesses and their leaders who are achieving remarkable success and making an impact on their companies, communities, and industries.

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Live Blog of the LTB 2017 Summit

After months of planning, the stage is finally set for the highly anticipated Let’s Talk Business 2017! #LTB2017

It’s bright and early here at the luxious and supremely elegant Rockleigh Country Club in Rockleigh, New Jersey. The guests are arriving, checking in, and fueling up with what is most likely their first cup of coffee of the morning.

I’ll be blogging about the conference LIVE throughout the day. Also, be sure to follow us on Instagram @ltbsummit and Twitter @LTBsummit for more live coverage and updates throughout the day.

I’ll be your guide at #LTB2017. Don’t worry about heading off to an exclusive breakaway session or stepping out for a badly needed caffeine boost. Just hit “refresh” on the blog feed and I’ll bring you up to speed on what you’ve missed and where you should go next.

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