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Why you need a strategic advisory council PDF Print E-mail
Written by John Runne   
Thursday, 28 August 2014 15:06

A strategic advisory council (SAC) is becoming an increasingly valuable asset to CEOs. Mandates from boards of directors continue to take up an expanded amount of time and meeting schedules are becoming too short to allow for the time some CEOs require.

 

The amount of annual time spent on a company by a board member is between 200 and 230 hours. When adding up the steps and time it takes to prepare for a meeting (reading 200 to 500 page board books, outside committee preparation, staying on top of the industry, interaction with management and covering all the SEC mandated items), the two day board meeting hardly allows enough time to effectively address the strategic direction of the company.

Last Updated on Thursday, 28 August 2014 15:11
 
Cloudy to partly hosted PDF Print E-mail
Written by Rick Coan   
Wednesday, 27 August 2014 14:04

The question is often asked, “What’s the difference between the cloud and hosted?”

The difference is cloudy.

Last Updated on Thursday, 28 August 2014 15:09
 
Three things I learned building a real estate crowdfunding portal PDF Print E-mail
Written by Joe Elias   
Tuesday, 26 August 2014 10:11

Crowdfunding — wherein the “crowd” gives money to a cause, project or business venture — has become increasingly popular since Kickstarter and Indiegogo took off some years ago. Since then, raising money online for all sorts of things has become increasingly popular to the point that even the traditionally conservative finance, venture capital and real estate worlds are starting to take part. New platforms are emerging that cater to seemingly every need and niche; many of those that have been around a while are receiving venture funding while the new kids on the block work their way up into the spotlight. For these reasons, some entrepreneurs see developing a platform as a natural extension of their expertise or current business.

 

 

Loquidity, the Midwest real estate crowdfunding platform I co-founded with Jesse Clem, is a part of the new wave of specialized crowdfunding sites. Here are the top three takeaways so far from my journey:

Last Updated on Tuesday, 26 August 2014 10:15
 
Self-doubt can lead to self-discounting PDF Print E-mail
Written by Marvin Montgomery   
Monday, 25 August 2014 11:57

Self-doubt can make you lower your price before the customer even sees it. In other words, instead of quoting $500 self-doubt says, “They will never pay that much,” causing you to quote $450 or $475. The customer sees your price — which you’ve already discounted — and challenges it. Now, since you aren’t confident, you either drop the price again or call for someone who can. This kind of practice can cost both you and the company a lot of money over time.

Last Updated on Monday, 25 August 2014 12:00
 
Five ways to shorten your workweek PDF Print E-mail
Written by Sean O’Brien   
Monday, 25 August 2014 10:09

American work habits have changed drastically over the past 10 years. Americans are working more hours than ever thanks to new technology that provides business access 24 hours a day. Smartphones and tablets keep us constantly connected to the office, blurring the lines between work and personal time. With the ability to work anywhere and anytime, productivity should increase, right? A recent workforce study shows the exact opposite to be true.

Last Updated on Monday, 25 August 2014 10:14
 

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