Running a business calls upon a wide range of skills. When a leader wants to ensure the continued success of their business, they must adapt to changes along the way. Modern leadership embraces a new set of qualities that puts people first. Business leaders worldwide are finding these ideas beneficial.


Actions may speak louder than words, but words both spoken and unspoken have incredible power. These seven phrases can be used purposefully to help build trust among others.

I appreciate you because… Be specific about why someone is appreciated instead of giving a ‘group hug’ with words. …


Employees play a key role in the success of a business. No matter how hard they work, there is one thing that can deter their overall success rate: confusion about their role. Up to 50 percent of employees have a hard time understanding their exact role in a company.

This…


The lockdowns that resulted from the coronavirus pandemic forced millions of people to reassess how they earn their money. It has become obvious that we can no longer rely on a single traditional job for our livelihood, regardless of how well that job pays. …


The lockdowns that resulted from the coronavirus pandemic forced millions of people to reassess how they earn their money. It has become obvious that we can no longer rely on a single traditional job for our livelihood, regardless of how well that job pays. …


Encouragement and praise are two very different things; in fact, the two words should never be used interchangeably. In a work environment, adequately encouraged employees will put their best efforts into a task, in which case they will get praised when they succeed. …


There are a lot of things that employees may take with them from their past employer, and while some may be good, others can severely damage the overall reputation of the business. In efforts to consistently improve the workplace, it is the employer’s job to figure out what exactly is…


There is a lot to be said for a multigenerational, family-run business. It is a rarer sight within the United States, simply because of the youthful age of America. With a success rate of 13%, if you have the good fortune to be born into an established, profitable business that…


Making the decision to enter into a business venture with a family member can have its pros and cons. On the one hand, family members are supposed to be your closest allies and the ones who will always have your back. The truth, however, is that anything in the world…


Encouragement and praise are two very different things; in fact, the two words should never be used interchangeably. In a work environment, adequately encouraged employees will put their best efforts into a task, in which case they will get praised when they succeed. …

Duane Gafoor

Chicago-based venture capital leader Duane Gafoor shares insights into private investing and leadership. Visit DuaneGafoor.net.

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