THE EO BLOG
Monthly Archives: February 2018
The right data lets you personalize your message, no matter what your market. Consider this example out of the tourism industry from Morgan & Co., a media agency owned by EO Lousiana member Eric Morgan.
A Millennial, a Gen Xer, and a Baby Boomer walk into a swanky hotel bar. They sidle up to the three feet of marble that separates them from the smooth-talking bartender and order the house special. Let’s call it a martini.
Waiting for the punch line?
It happens: You build a successful organization and business is humming along. Suddenly you realize: You’re bored and you want more. Not more money necessarily, but more personal and professional fulfillment. More enjoyment, more opportunities, more challenges. Entrepreneurs with an ongoing thirst for learning often turn to executive education programs to expand their knowledge base to tackle new challenges and opportunities.
Core to EO’s mission is an unrelenting commitment to helping both first-stage and experienced entrepreneurs learn and grow to new levels of leadership, in business and beyond. Continuing education is important, especially when you’re trying to challenge the status quo. One way is executive education, offered through university programs and other professional organizations and institutes.
Did you know every job opening attracts around 250 resumes? And that number can feel like hundreds more if you’re in the midst of starting your own company and searching for the perfect startup team. Before you begin reviewing candidates, consider this checklist of tips for developing a top team.
Whatever area you’re looking to recruit in, look for experts in their fields. It’s tempting to hire people and then get in the habit of directing them on how you like things done. If you hire experienced professionals, you should trust that they know the best way to do their job. Explain your goals, describe what you hope to achieve and then give them the space to do what they do best!
If you have your heart set on becoming a business owner or founder, then one of your first steps is securing financing. You cannot use your credit card, unfortunately. What you can do, though, is take out a personal loan. You’ve probably seen ads and websites about personal loans. Did you know you can use a personal loan for financing the birth of your company? Well, you can—and it’s worth considering.
Yes, you can use a personal loan for your business needs
The thought of using a personal loan in order to establish a business may seem counterintuitive. Personal loans are often used to help finance weddings, vacations and medical emergencies—items with specific line items and costs. While it’s true that this type of loan is offered for a variety of reasons, its main function is to provide borrowers a way to meet their financial goals. What do you say to the bank when applying for a personal loan that you intend to use for your startup? You tell the truth. The financial institution is not going to refuse your application—though it may refuse to loan you money if you can’t provide some proof of fiscal responsibility.