Managing a business partnership may be the only thing more difficult than managing a business. Partnerships are hard for the same reasons that any relationship is hard. It takes diligence and work to bring together personalities, communication styles, and ideals. And if you want your partnership to serve your busi...
EMyth Clients Scott Present and MJ Navara never expected to have their own events company. For years, party production was side work, a fun hobby that made them some extra money. But after college, both gravitated away from the corporate careers they’d prepared for and back to something they were passionate about—...
For the last three months, the world has been in a constant state of disruption. In one way or another, you’ve likely had to adapt to extreme change. Most business owners are adapting for this moment.They’re thinking about how to survive the changes they’re experiencing right now, not how to thrive going forward. ...
In the current economic downturn, small businesses everywhere are suffering and too many will tragically close their doors permanently. For many business owners, it’s been a sobering lesson: Ignoring the practice of reviewing your company’s financial metrics is a high-risk decision with serious consequences. Numbe...
Finding the right employees can feel like a constant struggle. The hires you’re not crazy about end up staying while the great ones always seem to leave, causing you to wonder again and again, “Am I missing something or is this just the way it is to manage people?”
It’s easy to run a business in default mode, to operate reactively instead of proactively. Many business owners do it. They allow systems to develop by happenstance in their business rather than designing them with intention; they keep their business afloat on referrals and word-of-mouth instead of developing a Ma...
As the world continues to change and uncertainty abounds, you may be facing the big question, “When should I reopen my business?” Or, if your business has remained open in some form during the pandemic, maybe you’re asking different questions like, “Should I continue this new social media campaign I started to kee...
EMyth Client Jason Keen didn’t always feel like a leader. But when his father and owner of their family business, Village Beach Market, passed away from a rare form of cancer, Jason had to step into the role of leader quickly and start planning for the business' future. Making the transition from Technician to Ent...
The EMyth Guide to Crisis Management gives you a five-step process to build a system for navigating short-term change with a future vision.
One of the essential skills for any business owner is negotiation. How well you can negotiate a favorable agreement or deal for your business makes the difference between growing to achieve your goals and not. There are so many different types of relationships—ones with your employees, your vendors, your customers...
Just like so many of you, my company’s been hit hard by the coronavirus crisis. Since the end of February, I’ve woken up every morning relieved that today wasn’t the day I had to ask our Team to take a pay cut. Layoffs have been out of the question except as the last possible resort—and I’m just glad we haven’t re...
How do you run an interview that makes sure you find the employee your company needs? We can show you.
In moments of crisis, it can be hard to see beyond the overwhelm. You may be faced with the need to keep employees safe, manage productivity, protect revenue—or all three at once—in an environment that’s constantly changing. But often in crisis, there’s opportunity. As the leader of your business, taking hold of t...
Your Customer Fulfillment system—the way you deliver your product or service to your customers—is an essential part of every business. But at EMyth, we talk often with our clients about how your fulfillment system is more than your product or service: It’s the promise you make to your customers, the experience the...
See how money is functioning in your business, and how to leverage your P&L for future planning with the EMyth Guide to Strengthening Your Financial Systems.
The key to finding more time in your day is understanding how you use the time you already have.
The world is experiencing a seismic shift, and it’s affecting businesses of all sizes—including ours. An email from a business I follow, sent on March 17, offered a poignant example: Inside the CEO publicly shared a letter to her employees, announcing a minimum 8-week closure of all their stores and a full company...