Archive for mistakes SmartBlogs

This post is excerpted from “The Glass Closet” (HarperBusiness, June 2014) by John Browne. Visit The Glass Closet website and follow @glassclosetorg on Twitter.

It was time to leave the building.

At 5 p.m. on May 1, 2007, a few hours after resigning as chief executive of BP, I stepped into the elevator on the fifth floor of the London headquarters and began my descent.[…] Continue Reading »

The Young Entrepreneur Council is an invite-only organization comprised of the world’s most promising young entrepreneurs. YEC recently launched StartupCollective, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses. Read previous SmartBlogs posts by YEC.

1. Eliminating toxic team members
I wish I could go back in time and eliminate toxic team members from the moment they became toxic.[…] Continue Reading »

Companies continue to flock to social media sites such as Facebook, Twitter and LinkedIn for one simple reason: Not incorporating social media in their marketing strategies would amount to a lost opportunity to connect with droves of potential customers and strengthen bonds with existing customers.

But companies still need to be careful about how they’re using social media so that they throw valuable resources down the drain.[…] Continue Reading »

The following answers and images are provided by the Young Entrepreneur Council, an invite-only organization composed of the world’s most promising young entrepreneurs. The YEC recently launched #StartupLab, a free virtual mentorship program that helps millions of entrepreneurs start and grow businesses via live video chats, an expert-content library and e-mail lessons.

1. Thinking everyone had the same thought process

A mistake I made early on was thinking that our employees had the same thought processes and learning tactics that I did.[…] Continue Reading »

In 1998, a 35-foot boat called the AFR Midnight Rambler accomplished an amazing feat — winning one of the toughest ocean races in the world. The Sydney to Hobart is demanding every year, but in 1998, an unexpected “weather bomb” hit the fleet, creating 80-foot waves and 100-mile-per-hour winds.

While bigger, better-equipped boats tried to maneuver around the storm, the crew of the AFR Midnight Rambler chose to head directly into its path and ultimately won the coveted Tattersall’s Cup — the smallest boat to win in 10 years.[…] Continue Reading »