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The ability to pick talented employees is the most critical part in building a successful team that allows any business to smoothly produce its goods or services.
There are ways to reward employees and mimic ownership without handing over shares.
QUESTION: I recently retired, am not a very good golfer, and not sure where to volunteer my time. Perhaps I should start a small business. Am I asking for trouble?
Title: President and CEO of Steiner Business Solutions, a provider of business consulting, bookkeeping, tax preparation and training services
Title: Thomas K. Garner, managing director and portfolio manager of Kanawha Capital Management LLC
The Texas native is president of Virginia Physicians for Women.
Viren Kapadia, president and CEO of Gyrus Systems, a learning management system software vendor based in Henrico County. Best business decision: “One of the toughest and scariest decisions I made was to leave the comfort of a corporate job and pursue owning a software company. Five years later, it clearly was the best decision I made.”
I doubt I’ll ever go back to corporate work. Once you see the light, there is no turning back.
— Magnus Jepson