This Week in Business Strategies

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April 29, 2019—To better assist shop owners with their production management, marketing tactics and leadership styles, Ratchet+Wrench has compiled a short list of essential business-building material from some of its favorite sources.

Before You Launch Your Business, Make Sure You Have a Safety Net – Entrepreneur

All entrepreneurs need a parachute. Because whether you’re selling a product or a service, starting a new business involves risk. 

What the 'Game of Life' Can Teach Us About Real Life – Darling Magazine

"While 'The Game of Life' generally differs from the reality of adult life, I find myself analyzing, looking for places where Life gives insight to how we should experience our own. I’m not of the persuasion 'whoever has the most gold, wins,' as is true of the game rules, but there are valuable pieces of truth to find in even a board game."

3 Signs It's Time to Fire Those 'Good Enough' Employees – Inc

As a leader, it's your job to deal with employees whose performances are not quite up to par. When this happens, do some reflection first. Have you provided enough resources, including a coaching and development program? From monthly check-ins to direct feedback, your leadership team should have laid out clear expectations for every position.

How a Business Can Move from Novice to Expert in Cyber Defense Practices – Insurance Journal

The Hiscox Cyber Readiness Report 2019 gauges how prepared businesses are to combat cyber attacks. For the report, Hiscox assessed firms’ readiness after surveying nearly 5,400 professionals from the U.S., UK, Germany, Belgium, France, Spain and the Netherlands who are responsible for their company’s cybersecurity. 

This Is How to Stay Fulfilled at Your Job, Even as the Years Go by – Fast Company

A lot of us love our jobs—at first. But as time goes on, it’s natural to be less and less happy. Here are six ways to stay happy at work, both at the start, and as the years (and years) go by.


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