If you’re in business long enough, one thing is inevitable. At some point, you’ll need to raise your prices. Business owners are often afraid of making that change, worried their customers will leave and revenues actually decline. The truth is, customers can weather difficult changes when businesses approach the issue with the customers’ needs in mind.
Read MoreWhat do you do when you need to make an organizational change or let an employee down and you want to maintain a successful employer-employee relationship? For each situation, the first step is being willing to have difficult conversations with your employees.
Read MoreHow do you develop a system for compensation that gets you the talent you need, is relatively easy to administer, and is equitable across your organization? If I could impart two pieces of wisdom to every company with employees, they would be these: document every promise or concession you make; and assume compensation transparency.
Read MoreWhile some people may think the word is overused, the truth is: authenticity is in. Employees want it. Customers and clients want it. I’ve been inspired by friends and clients who’ve done the vulnerable work of being authentic even in the face of fear.
Read MoreGiven the bonds that can develop in the trenches of an early startup or young business, it’s not uncommon for business relationships to veer into friendship. What happens when a company grows beyond a person that helped start it? And what do you do when you’re the one faced with that dilemma — do you choose the business or your friend? Or is there some way to choose both?
Read MoreIf you’ve turned your nose up at the concept of psychological safety because, frankly, you’re getting tired of trying to figure out every new buzzword, I’m encouraging you to rethink. Creating a workplace culture where people feel safe to be themselves and feel respected for their contributions is critical. You’ll lose talent if you don’t.
Read MoreAs your organization grows, expands, and perhaps becomes entirely virtual, you’re having to find more ways to create those frequent touchpoints. Quarterly meetings are an excellent tool for communicating your vision and ensuring alignment on your team.
Read MoreOver the past couple of months, I’ve been writing a lot about how to become a good coach to your team or for others. I’ve gotten a lot of great feedback on the effectiveness of that content. It wasn't only for marketing Trajectify that I decided to write about coaching. It was because I have benefited from so much life-altering coaching in the last two years.
Read MoreWhat coaching style do you need to use with each of your team members? Just like you probably have a coaching style you’re most comfortable with, each of them also has a style of being coached that’s most effective for them. You have to coach the people who report to you, so as a leader and a coach, you may have to get comfortable with different styles of coaching.
Read MoreGetting good at giving effective feedback is one of the most important parts of leading — right up there with learning to delegate. Having those conversations, sometimes difficult, is crucial to their development and to your organization’s success. Here are our tips for doing it well.
Read MoreIf you’ve worked with a good coach, you know how transformational the process can be. Your employees need that experience as well. They’ll grow, be more engaged employees, and become happier. Your business will be all the better for it.
If you’ve just seen yourself as their manager, you’re missing out on a big opportunity. Actually, a big requirement. Now more than ever — when people are changing jobs at an alarming rate and everyone’s reeling from all the uncertainty in our world — you need to keep your employees engaged.
Read MoreSince I began Trajectify, I’ve had the opportunity to coach a number of family-owned businesses, from intergenerational companies to husband-and-wife teams. In some ways, they face the same challenges as any other business. They have to figure out how to maximize their cash flow, hire the right people, and scale their business.
Family-owned businesses also have their own particular set of challenges.
Read MoreYou want to time your capital raise to maximize your valuation. A lot of people say to raise the money when you don’t need the money. It’s important, though, to acknowledge that raising capital isn’t a silver bullet to success.
Read MoreWhat does it take to cross that golden line? We sat down with three long-time Trajectify clients to talk about how they became multimillion dollar businesses and what other entrepreneurs can learn from their success.
Read MoreSome founders reach a point where they need to move beyond their MVP and provide greater value to their customers. Let’s talk about how founders often end up in a technical cofounder search, the problems with that approach, and what you can do instead.
Read MoreCompanies need to spend as much energy finding employees as they do finding customers. Recruiting talent is just as important as acquiring customers. Maybe more so? After all, it’s talent that allows you to grow.
Few founders really understand the acquisition process the first time around. That lack of knowledge can put you at a disadvantage in the most important negotiation of your life.
Read MoreOur team has advised on or been a part of more than half a billion dollars in enterprise-value transactions. Here’s what we’ve learned about finding the right buyer.
Read MoreDo you want to grow with your company? Or are you hoping to sell? Is there a difference in how you operate depending on your answer? We had a series of conversations with past and current clients about their growth strategies to learn more.
Read MoreBefore we can move past our fear, we have to become detectives. We have to find our fear. Identifying our limiting beliefs is one of the most effective ways to figure out where the fear lives and then flush it out.
Read MoreStartups and Small Businesses sometimes find themselves at the edge of a chasm. With success in developing and growing their business, a stage is reached where they find that the "next step" is a big one! Trajectify partners with the entrepreneur to build momentum and trajectory to be able to cross the chasm.
We offer private and group (Mastermind) coaching and hold frequent events and seminars.
Trajectify is founded my Mike Krupit, veteran of eight startups. Mike has helped dozens of companies grow and mentored and advised hundreds more.
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