Michael Feuer is co-founder of the mega office products retail chain OfficeMax, which he started in 1988 with one store and $20,000 of his own money, along with a then-partner and group of private investors. Michael Feuer appears courtesy of a partnership with Smart Business, www.sbnonline.com which originally published this column."
What does the other party want out of the deal?
Everyone who chairs a business meeting should ask participants this same question at the conclusion of the session. One word of warning: Be prepared for some surprising responses.
Being the boss requires being a very good teacher. When a pupil is not measuring up, the first question is: How can you help, and what can you do to …
Trouble comes in many sizes and shapes, and often it comes in unexpected waves. As the boss, you must always be prepared to provide direction. While any one problem could …
Nonverbal communication speaks volumes about your style of management and how receptive you are to new ideas without worrying about who comes up with them. The best CEOs are the …
Disagreements and anger are a reality in the workplace and in life. People react differently under pressure. This behavior quickly reduces productivity. Here's how to call a timeout.
In developing a strategy, creating a new business, or introducing a new product, intensive preplanning can make the difference between success and failure.
It is unrealistic to believe we should think only good thoughts, particularly in business when things move at a lightning pace, and the path to achieving objectives is littered with …
Business opportunities are everywhere, and the Internet makes it possible to always be ready.
Customers expect constant improvement, which takes vigilance.
a project goes south, it’s mandatory that you find out why. Don’t tell your employees to “handle it” without explaining what “it” means. Without the blanks properly filled in, it’s …
The word “yes” is the launching pad for every transaction, but too many companies don’t seem to get it.
Self-doubt and second thoughts come with breakthrough thinking. Fear of failure can even be a strong motivator, making us delve more deeply, analyze fully, and think through what it will …
