Here are Some Reasons why your New Business Might Fail

This is a contributed post to JMLalonde.com. For more information on contributing a post, please see our contributing policies.

If you have just started a new business then you may feel worried about what the future holds, and you may also have some concerns regarding the state of your business in the current economy. This is understandable, but there are things that you can do to try and steer your company to success, and it all starts with understanding the risks that you face.

Quotes And Leadership Lessons From Just Mercy

A Reel Leadership Article

Just Mercy has been on my “to-watch” list for some time. It slipped by me while it was in the theater. I’m disappointed I wasn’t able to watch this challenging film on the big screen.

Thankfully, during this time of racial unrest in the United States, many streaming platforms are offering Just Mercy for a discounted price or for free. Amazon is one of those companies offering a free rental of Just Mercy. You can also go to https://www.justmercyfilm.com/ and find the other sites offering free viewings of this important civil rights film.

Just Mercy is the true story of wrongfully convicted death row inmate Walter “Johnny B” McMillian (Jamie Foxx). McMillian is on death row for the murder of an 18-year old girl despite there being little to no evidence other than the testimony of repeat criminal Ralph Myers (Tim Blake Nelson).

Michael B. Jordan and Jamie Foxx in Just Mercy

What Doesn’t Matter In A Crisis

There are so many things we think matter that don’t. We discover what truly matters in a crisis.

I hope you’re discovering what matters and what doesn’t matter throughout this crisis. I have.

iPhone on a red background

Photo by Brian McGowan

You may be shocked at what I’m about to share. These may seem like things that should matter. In the end, they really don’t.

These are vanity metrics. Things we want to matter. Things we think should matter. But they don’t.

What Doesn’t Matter In A Crisis

We can’t get caught up in things that don’t matter. Especially during a crisis. Yet it’s a common pitfall for leaders.

We find ourselves staring at or propping up all sorts of vanity. All sorts of things that don’t matter.

Things like:

Titles –

We love our titles. I’ve seen titles ranging from Vice President Of Sales And Operational Excellence to Galactic Viceroy of Research Excellence.

Some Important Things Every Young Entrepreneur Should Know

This is a contributed post to JMLalonde.com. For more information on contributing a post, please see our contributing policies.

Young entrepreneurs tend to be individuals; rulebreakers who have their own ideas and ways of doing things, and it is this kind of attitude that will help them to succeed. That being said, there are a few things that every young entrepreneur should be aware of if they want to take thor drive, passion, and independence and turn it into a successful business venture…

Doing what you love is good but will only get you so far

It seems like every article about being a young entrepreneur tells you to do what you love, and that makes sense because if you do what you love you’ll be more motivated to succeed, more passionate about your business, and more likely to stick with it when times get tough. Not only that but if you do what you love, as the old adage goes, you’ll never truly have to work a day in your life. 

How To Determine If A Crisis Is Really A Crisis

As the COVID-19 crisis hit the world, very few leaders thought this viral outbreak would be as big as it is. Many leaders thought it would come and go.

COVID-19 hasn’t come and gone. It’s left businesses, non-profits, and families in ruins.

Not all crises are the same. Not all crises demand economies be shut down or economies ruined. Some you can get through battered and bruised but none-the-worse. Others, like COVID-19, demanded a sterner approach. One that has hurt many people. An approach that continues to hurt people.

Boy with a mask and backpack on walking through a field

Photo via Jan Kopriva

But how do we decide if a crisis is really a crisis or a momentary blip on the radar? How do we know whether to react swiftly or to drift through a crisis?

These are tough decisions to make. You make the wrong one and your organization could be underwater.