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Success Advice

This One Thing Will Make or Break Your Businesses Success

Throughout my career and personal life, I have learned that having the right people around you is critical to your success.

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Throughout my career and personal life, I have learned that having the right people around you is critical to your success. Success can be defined through different perspectives or interpretations.

The achievement of goals, monetary rewards, and being promoted to higher titles or responsibilities within an organization are just some notable accomplishments a person can attribute to success. 

Having the right people around you can create different successes, some more powerful than others. 

The right people can create the most suitable environment for you to work in – a positive atmosphere where people are appreciated, developed, and empowered. The right people in your life can help with a positive mindset to help you accomplish your goals even in the face of adversity. 

Having the right people in your life can work to your advantage, guiding you when the path is unclear and helping you when your mental focus may be depleted. 

Trusted advisors who are honest with you and provide different viewpoints on problems or obstacles can create a scenario where decisions have a higher probability of a successful outcome.

The right people can come in many forms, for example, advisors, mentors, and counselors. Spiritual advisors, partners, a spouse, or close family and friends can also serve in this role. 

In business, a board of directors, oversight committee, and advisory board protect all stakeholder interests and act with the organization’s best interest in mind.

A great advisory board can significantly contribute to the success of an organization by providing valuable insights, expertise, and guidance. 

“Whatever you do in life, surround yourself with smart people who will argue with you” – John Wooden

Here are some key characteristics of an effective advisory board.

  • Diverse Expertise: Members bring diverse skills and expertise relevant to the organization’s industry. This diversity includes experience in finance, marketing, technology, legal matters, operations, human resources, logistics, and more.
  • Industry Knowledge: Advisory board members should have a deep understanding of the industry in which the organization operates. Their insights into industry trends, challenges, and opportunities can prove invaluable. Domain expertise can serve a CEO and a management team well when faced with obstacles or setbacks in the business model.
  • Strategic Vision: A great advisory board is forward-thinking and has a strategic vision. Members should be able to provide guidance on long-term goals, growth strategies, and positioning in the market. They should also have contingency plans in place just in case strategies become too challenging to achieve. 
  • Network and Connections: Members with extensive networks can open doors to valuable partnerships, clients, or investors. The ability to leverage personal and professional connections is a significant asset. A great network can accelerate plans and help find new paths to growth.
  • Commitment and Availability: Advisory board members should be committed to actively participating in meetings and providing timely advice. Availability to address critical issues and respond to inquiries is crucial. Advisors must be active and engaging.
  • Integrity and Objectivity: Members should act with integrity and prioritize the organization’s best interests. It is crucial to have individuals who can provide objective advice, even if it’s not always what the leadership wants to hear.
  • Passion for the Mission: A strong connection to the organization’s mission or goals can drive members to go above and beyond in their advisory roles. Passionate advisors are more likely to invest time and effort into contributing meaningfully. 
  • Communication Skills: Effective communication is essential. Advisory board members should be able to articulate their thoughts clearly, provide constructive feedback, and work collaboratively with other members. Communication is essential to collaboration and trust, which is the foundation for sound decision-making. 
  • Adaptability: Industries and markets are dynamic, so advisory board members need to be adaptable and open to change. Their ability to navigate and respond to evolving challenges is crucial. An open-minded, adaptable, and nimble advisory board can overcome changes quickly while maintaining positive outcomes.
  • Problem-Solving Abilities: The best advisory boards are composed of individuals with strong problem-solving skills. They should be able to analyze complex situations and provide practical solutions. They should also be flexible and open-minded to alternative solutions.
  • Ethical Considerations: Members should adhere to high ethical standards. Ethical conduct is critical for maintaining the organization’s reputation and ensuring stakeholder trust. There is never a good reason to be unethical, and corporate governance of the highest standards must always be adhered to. 
  • Experience in Scaling: If the organization aims for growth, having advisory board members with expertise in scaling businesses can be particularly beneficial. They can provide insights into the challenges and strategies for expansion. Advisory board members should have experience with different methods of expansion, for example, through debt or equity, acquisition, organically, or joint venture, to name a few. 
  • Global Perspective: For organizations with international operations or aspirations, having advisory board members with a global perspective can be advantageous. This includes an understanding of diverse markets, cultures, and regulatory environments. Advisors with international experience can navigate the rules of the game in different jurisdictions, like the political, legal, and regulatory environments, as well as the cultural aspects, norms of doing business, and ethics of a specific country.
  • Track Record of Success: Members with a proven track record of success in their respective fields can bring credibility to the advisory board. Their past achievements can instill confidence in stakeholders. Having an advisory board with members who have sold companies, raised significant capital, and achieved a high level of success in the industry can attract investors, partnerships, employees, and new growth opportunities.
  • Continuous Learning: A great advisory board is composed of individuals who are committed to continuous learning. Staying informed about industry trends, technological advancements, and best practices ensures their advice remains relevant.

Building and maintaining an effective advisory board involves selecting individuals who collectively possess these qualities and can work together synergistically to guide the organization toward success. 

Regular assessments and adjustments to the advisory board composition may also be necessary to align with the organization’s evolving needs or goals.

Dr. Vincent DeFilippo, DBA, MBA, is a professor in the School of Accounting and Business at Monroe College. Prior to that he was CEO of a private equity fund in Hong Kong, raising several billion dollars in venture capital for entrepreneurs and publicly traded companies throughout the Asia Pacific Region. His new book Braking Point: How Escalation of Commitment Is Destroying the World (and How You Can Save Yourself), (ViennaRose Publishing, May 3, 2023), is a Wall Street Journal #2 bestseller. Learn more at www.vincentdefilippo.com

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Personal Development

These 11 Habits Will Make You More Productive, Successful, and Confident

Boost your focus, confidence, and results with 11 powerful habits successful people use every day.

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how to build self-confidence through action
Image Credit: Midjourney

Successful people love to help beginners. They have an incredible work ethic and rarely complain. As a result, others naturally look up to them and want to follow in their footsteps.

But here’s the truth: there’s no success without sacrifice. You’ll need to give up comfort, excuses, and sometimes even social approval to accomplish your goals.

Value comes from solving problems, and these 11 powerful tips will help you become more productive, successful, and confident, starting today.

1. Take Short Breaks After Finishing a Task

Psychology shows it’s important to reward positive behaviour.

After completing a big task or finishing a book, take five minutes to walk, stretch, or simply breathe. This quick reset helps your brain recharge and strengthens focus.

Many great writers swear by morning walks, solitude, and reflection can unlock creativity.

But if you refuse to take breaks, don’t be surprised when burnout hits. Your brain needs recovery time just as much as your body does.

2. Schedule Your Most Important Tasks First

Multitasking kills productivity. If you want to get more done, try time blocking, a method where you dedicate set periods for specific tasks.

Productivity expert Caitlin Hughes explains, “Time blocking involves scheduling blocks of time for your tasks throughout the day.”

For example, if you’re a writer:

  • Research your topic at night.

  • Write your first draft in the morning (don’t worry if it’s rough).

  • Edit in the afternoon, great writing comes from rewriting.

You can’t buy more time. Use it intentionally and without regret.

3. Eliminate Distractions from Your Workspace

Focus is the foundation of success.

According to Inc. Magazine, it takes an average of 23 minutes to recover from a distraction. That’s nearly half an hour of lost productivity every time you check your phone.

Put your phone away. Close unnecessary tabs. And yes, limit your Netflix binges.

Meeting deadlines consistently is one of the fastest ways to stand out and earn respect.

4. Take Full Responsibility for Your Life

Entrepreneur Derek Sivers once said, “Everything is my fault.”

This mindset doesn’t mean self-blame; it means self-ownership. Stop pointing fingers, making excuses, or waiting for others to change.

If your habits (like smoking or drinking too much) hold you back, it’s time to make better choices. Your friends can’t live your dreams for you; only you can.

5. Invest an Hour a Day in Learning New Skills

Knowledge compounds over time.

Whether you read books, take online courses, or practise a craft, consistent learning gives you a competitive edge.

I used to struggle with academic writing, but I improved by studying the work of great authors and applying what I learned.

Your past doesn’t define you; your actions do. Every new skill adds another tool to your arsenal and makes you more unstoppable.

6. Develop a Growth Mindset

Psychologist Dr. Carol Dweck introduced the concept of fixed vs. growth mindset.

  • A fixed mindset believes success is based on natural talent.

  • A growth mindset believes success comes from effort and learning.

Choose the growth mindset. Embrace challenges. See failures as feedback. In today’s fast-moving digital world, adaptability is your biggest advantage.

7. Learn Marketing to Reach People Who Need You

I once believed marketing was manipulative, until I realised it’s about helping people solve problems.

If your work provides genuine value, marketing is how you let others know it exists. Even Apple spends billions on it.

Don’t be ashamed to promote your skills or business. Without visibility, your ideas will never reach the people who need them most.

Creative professionals who understand marketing and sales have an unfair advantage.

8. Ask Your Mentor the Right Questions

Good mentors can fast-track your growth.

While mentorship often costs money, it’s one of the best investments you can make. Great mentors don’t care about titles; they care about your progress.

If you don’t have access to a mentor yet, books are your silent mentors. Read the best in your field, take notes, and apply what resonates.

9. Build Confidence Through Action, Not Affirmations

Author Ryan Holiday once said, “I don’t believe in myself. I have evidence.”

Confidence doesn’t come from shouting affirmations into the mirror; it comes from proof. Doing hard things, keeping promises to yourself, and following through.

When you consistently take action, your brain gathers evidence that you can handle whatever comes next. That’s real confidence, grounded, earned, and unshakable.

10. Focus on Your Strengths

Your strengths reveal where your greatest impact lies.

If people compliment you on something often, it’s a clue. Lean into it.

A former professor once told me I was creative, and that simple comment gave me the confidence to go all in. I studied creativity, applied it daily, and turned it into my career advantage.

Double down on your strengths. That’s how you build momentum and mastery.

11. Identify and Challenge Your Limiting Beliefs

Your beliefs shape your reality.

For years, I believed I couldn’t be a great writer because of my chronic tinnitus and astigmatism, sensory challenges that made concentration difficult. But over time, I realised those struggles made me more disciplined, observant, and empathetic.

Your limitations can become your greatest motivators if you let them.

Avoid shortcuts. Growth takes time, but it’s always worth it.

Final Thoughts

Becoming productive, successful, and confident isn’t about working harder than everyone else. It’s about working smarter, consistently, and intentionally.

You don’t need to overhaul your life overnight. Start small: take a break after your next task, schedule your priorities, or spend one hour learning something new.

Every habit you change compounds into long-term success. Remember, true change comes from practising new behaviours.

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Success Advice

Why One-Size-Fits-All Leadership Will Always Fail (and What Works Instead)

The surprising truth about leadership styles that can make or break your team’s success.

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Why one-size-fits-all leadership doesn’t work
Image Credit: Midjourney

Leadership has always been as much about people as it is about performance. Ken Blanchard, in his influential book, “The One Minute Manager”, put it simply: different strokes for different folks. (more…)

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Success Advice

What Every New CEO Must Do in Their First 100 Days (or Risk Failure)

Your first 100 days as CEO could define your entire legacy, here’s how to make every move count

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leadership tips for new CEO
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When Tim Cook took over from Steve Jobs at Apple, the world watched with bated breath. Jobs wasn’t just a CEO; he was a visionary, an icon, and a legend of innovative leadership. (more…)

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Entrepreneurs

The Leadership Shift Every Company Needs in 2025

Struggling to keep your team engaged? Here’s how leaders can turn frustrated employees into loyal advocates.

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Bridging the gap between employees and employers
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In workplaces around the world, there’s a growing gap between employers and employees and between superiors and their teams. It’s a common refrain: “People don’t leave companies, they leave bad bosses.”

While there are, of course, cases where management could do better, this isn’t just a “bad boss” problem. The relationship between leaders and employees is complex. Instead of assigning blame, we should explore practical solutions to build stronger, healthier workplaces where everyone thrives.

Why This Gap Exists

Every workplace needs someone to guide, supervise, and provide feedback. That’s essential for productivity and performance. But because there are usually far more employees than managers, dissatisfaction, fair or not, spreads quickly.

What if, instead of focusing on blame, we focused on building trust, empathy, and communication? This is where modern leadership and human-centered management can make a difference.

Tools and Techniques to Bridge the Gap

Here are proven strategies leaders and employees can use to foster stronger relationships and create a workplace where people actually want to stay.

1. Practice Mutual Empathy

Both managers and employees need to recognize they are ultimately on the same team. Leaders have to balance people and performance, and often face intense pressure to hit targets. Employees who understand this reality are more likely to cooperate and problem-solve collaboratively.

2. Maintain Professional Boundaries

Superiors should separate personal issues from professional decision-making. Consistency, fairness, and integrity build trust, and trust is the foundation of a motivated team.

3. Follow the Golden Rule

Treat people how you would like to be treated. This simple principle encourages compassion and respect, two qualities every effective leader must demonstrate.

4. Avoid Micromanagement

Micromanaging stifles creativity and damages morale. Great leaders see themselves as partners, not just bosses, and treat their teams as collaborators working toward a shared goal.

5. Empower Employees to Grow

Empowerment means giving employees responsibility that matches their capacity, and then trusting them to deliver. Encourage them to take calculated risks, learn from mistakes, and problem-solve independently. If something goes wrong, turn it into a learning opportunity, not a reprimand.

6. Communicate in All Directions

Communication shouldn’t just be top-down. Invite feedback, create open channels for suggestions, and genuinely listen to what your people have to say. Healthy upward communication closes gaps before they become conflicts.

7. Overcome Insecurities

Many leaders secretly fear being outshone by younger, more tech-savvy employees. Instead of resisting, embrace the chance to learn from them. Humility earns respect and helps the team innovate faster.

8. Invest in Coaching and Mentorship

True leaders grow other leaders. Provide mentorship, career guidance, and stretch opportunities so employees can develop new skills. Leadership is learned through experience, but guided experience is even more powerful.

9. Eliminate Favoritism

Avoid cliques and office politics. Decisions should be based on facts and fairness, not gossip. Objective, transparent decision-making builds credibility.

10. Recognize Efforts Promptly

Recognition often matters more than rewards. Publicly appreciate employees’ contributions and do so consistently and fairly. A timely “thank you” can be more motivating than a quarterly bonus.

11. Conduct Thoughtful Exit Interviews

When employees leave, treat it as an opportunity to learn. Keep interviews confidential and use the insights to improve management practices and culture.

12. Provide Leadership Development

Train managers to lead, not just supervise. Leadership development programs help shift mindsets from “command and control” to “coach and empower.” This transformation has a direct impact on morale and retention.

13. Adopt Soft Leadership Principles

Today’s workforce, largely millennials and Gen Z, value collaboration over hierarchy. Soft leadership focuses on partnership, mutual respect, and shared purpose, rather than rigid top-down control.

The Bigger Picture: HR’s Role

Mercer’s global research highlights five key priorities for organizations:

  • Build diverse talent pipelines

  • Embrace flexible work models

  • Design compelling career paths

  • Simplify HR processes

  • Redefine the value HR brings

The challenge? Employers and employees often view these priorities differently. Bridging that perception gap is just as important as bridging the relational gap between leaders and staff.

Treat Employees Like Associates, Not Just Staff

When you treat employees like partners, they bring their best selves to work. HR leaders must develop strategies to keep talent engaged, empowered, and prepared for the future.

Organizational success starts with people, always. Build the relationship with your team first, and the results will follow.

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