Author Archives: Carol Roth

About Carol Roth

Carol Roth is a radio host on WGN, a CNBC TV contributor, a ‘recovering’ investment banker & a bestselling author of The Entrepreneur Equation. You can find her on Twitter @CarolJSRoth or at www.CarolRoth.com. She also has an action figure made in her likeness.

Why Introverts Make Great Business Owners

Posted on by Carol Roth

It may seem counter-intuitive, but introverts can make great small business owners. In fact, one could argue that introverts have traits that often make them better at business management than their more boisterous counterparts (a.k.a., extroverts). Of course, extroverts can also be fine business owners, but introverts face a common misconception that can make them […]


5 Practices that Can Help Small Businesses Cut Losses

Posted on by Carol Roth

After spending 7 years and $7 billion, Shell Oil recently decided to suspend drilling operations in Alaska. They were patient for a prolonged period, but they simply could not afford to keep waiting for oil prices to rise. Granted, a major corporation can afford to spend mountains of money before deciding to cut losses. As […]


Will Your Small Business be Prepared if Disaster Strikes?

It's likely that every geographic region of the U.S. experiences at least one form of natural disaster. Maybe your small business happens to be magically located in a region that is immune from tornadoes, hurricanes, floods, tsunamis, or even the dreaded sink holes. But this doesn't eliminate the possibility of exposure to burglars, arsonists, or […]


What’s in a Name? 5 Reasons for a Business Name Facelift

If you run a small business, your company name is just as important an identifier as your own name is to you. If you have been in business for a while, that name often tells existing customers that they can trust your products or services. But, what if your company name is not attracting new […]


4 Ways to Teach Your Employees Just in Time

Have you ever spent good money on classroom training for a specific word processing or spreadsheet program only to realize that you forgot more than you remember when you start to use it on your own?  A colleague and former software trainer explained that it's better to know what features are available and learn to […]


To Boost Productivity, Encourage Workplace Levity

For many businesses, "work hard and play hard" is almost a motto. But, does that mean that the "work hard" part cannot not be fun? The Mayo Clinic confirms that laughter is the best medicine. Over the short term, it stimulates organs, relieves stress and soothes tension. Over the long term, it improves the immune […]


5 Ways to Enhance Employee Education Without Breaking the Bank

Strong businesses invest in their employees with a variety of perks, privileges, and training. However, changing times have changed the way employers deliver benefits. For example, tuition refund was once a potential employee benefit. Now, with the cost of tuition, fees, and room and board increasing (in today’s dollars) from $3,877 in 1982 to more […]


4 Ways to Decide if You Should Re-hire Former Employees

There was a time when few individuals would consider taking a new job with a former employee and few companies would consider re-hiring former employees. Things have changed. When the economic downturn forced employers to cut back on headcount, they had to reluctantly let go of many valued workers. Even in today's somewhat tepid recovery, […]


What Pace is Right for Your Business?

"If everything seems under control, you’re not going fast enough." This quotation comes from notorious race car driver, Mario Andretti. Just as maximum speed was essential to gain him an impressive 111 career wins, it is just as important for businesses that want to get a leg up on the competition. The real gift, however, […]



 
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