Blog

Category: Success

The Secret to Entrepreneurial Employee Performance Reviews

Filed under: Insights, Leadership and Management, Professional Development, Solomon Page, Strategy, Success, Thought Leadership

Entrepreneurs create opportunities for their companies and people to grow.

For a forward-thinking leader, facilitating the development of their most valuable assets, talented people, allows each individual to realize their potential. They ensure that boundaries are minimized and innovative thinking is rewarded – no matter what the nature of the outcome. The most sustainable growth is born from creativity and calculated risk-taking, in conjunction with analysis and contemplation.

The non-linear nature of such growth means that it is hard to fit in a one-size-fits-all box.

When a professional journey is so fluid, it doesn’t fit well within a formal framework. Big corporations have long championed the quarterly and annual review process as a tool for continuous assessment and appraisal, but as it has to be suitable for a wide range of employees, it is often the case that something that is “good” for all is rarely “excellent” for any.

An entrepreneurial mindset within such a large organization would find such a cookie-cutter review process incredibly limiting. A more individualized approach is desirable.

At Solomon Page, our divisions have long enjoyed a significant degree of autonomy. One of our core values is agility, and mandating that each practice leader develop their teams following the exact same framework is counterproductive. A shared set of core values, combined with a flexible approach, guides our organizational growth strategy.

We try our best to take a page out of the entrepreneurial playbook.

One of the most important things to consider in an entrepreneurial review is to approach the conversation from the point of view of the employee and employer rather than just the employer. It is empowering to have an employee participate in their career growth and goal-setting, rather than having goals dictated for them. People commit when the fire comes from within and they hold themselves accountable. When you provide an employee with an opportunity to participate while leading them in the right direction, it is incredibly powerful and productive.

The second consideration is to ensure that performance is rewarded and acknowledged.

When you have such an approach where excellence is rewarded, it is important to encourage people to aim high. With this comes the probability of failure. An entrepreneurial culture should factor in this possibility in every developmental conversation. When failure is normalized in the decision-making process, it fosters an environment of healthy risk-taking and engagement. The review process should encourage people to aim high to reach their potential. Setting ambitious goals, and plotting a path towards them, is one of the most rewarding aspects of a manager / employee relationship, and builds a shared commitment to a unified set of objectives.

The employee review process becomes a staging post towards excellence.

Lloyd Solomon Featured in Real Estate REality Check Podcast

Filed under: ambition, Career Advice, Company News, Insights, Interviews, Professional Development, Solomon Page, Success, Thought Leadership

Lloyd Solomon, Managing Director of Solomon Page, was recently interviewed by Larry Haber in his podcast Leasing REality: Real Estate REality Check.

Larry conducts an ongoing series of weekly conversations with business executives designed to empower emerging and seasoned professionals to reach their full business potential. Using rock ‘n roll, hip hop, and pop culture analogies as the basis for many of his questions, the overwhelming majority of responses from his guests are informative, entertaining, and most importantly, a conduit to help incentivize listeners to become masters of their career and/or business domains.

Lloyd speaks to his journey building his business over the past 28 years, including the highs and lows, and prevalent lessons learned. He gives advice to business owners on how to lead a successful company and satisfied staff, in addition to providing insight to candidates looking to excel in their career.

You can listen to the podcast here.

5 Things You Deserve From Your Job (No Matter Where You Work)

Filed under: company culture, Professional Development, Respect, Success, Work-Life Balance, Your Career

I have news for you: There’s no such thing as a perfect job. Even the careers that seem like they jumped straight from your dreams and into reality have their downsides—that’s why there’s a paycheck involved.

But, while you might never love every aspect of your job, there are a few things that you absolutely deserve to get from your career—aside from enough money to cover your bills.

Believe me, I get it. It’s easy to think that wanting and needing these things makes you picky, entitled, or high-maintenance. You’re getting paid to be there, so how much else do you really need?

Well, think about it this way: You’re going to invest a large chunk of your time, energy, and attention into your job. That means that a work environment that checks the following boxes isn’t something that you should consider to be meant for just the lucky few—it’s something you deserve just as much.

1. A Safe and Supportive Environment

Let’s start with the basics. You’re more than worthy of feeling safe and supported in your office. You should be able to bring your authentic self (your authentic professional self, of course) into work and not feel worried or threatened when doing so.

Rest assured that your expectations in regards to feeling secure in your surroundings aren’t unreasonable or out of line.

Nobody should have to head into the office day in and day out wondering who’s going to throw them under the bus or stab them in the back. You’re entitled to a basic sense of respect and a company culture that isn’t overflowing with toxicity.

2. A Boss Who’s Invested in Your Growth

When it comes to your career, your manager should be your greatest ally. They should be in the loop on your desires and plans for professional development and provide necessary support and guidance whenever they can.

If you feel like your supervisor is always undermining your accomplishments, offering criticisms that are in no way constructive, and is completely disinterested in your growth and advancement, know that you’re justified in wanting more.

3. An Understanding of Your Life Outside of Work

Work is a big part of your life—but it’s still only a part. It’s not the entirety of your existence, and you’re entitled to an employer who understands that fact.

Endless pings and emails when your team knows you’re away and unplugged. Major hurdles and complaints when you have a family emergency to deal with. Relentless guilt trips when you finally take a well-deserved vacation.

Those are things you shouldn’t have to deal with on a regular basis. You deserve a life outside of your job—and an employer who encourages you to live one.

You can continue reading this article on The Muse.

The Evolution of Adaptive Clothing: A Night with Solomon Page and Runway of Dreams

Filed under: Big Ideas & Innovation, creativity, innovation, Leadership, News, Persistence, Professional Women, Social Impact, Success

On June 25th Solomon Page hosted an event dedicated to the exploration of adaptive clothing. The evening included an intimate cocktail reception and featured guest speaker Mindy Scheier, founder of Runway of Dreams Foundation, an organization dedicated to a future of inclusion, acceptance and opportunity in the fashion industry for people with disabilities.

Lloyd Solomon, Managing Director for Solomon Page, interviewed Mindy following a brief video that introduced Runway of Dreams’ history and mission. He opened the discussion speaking to our philanthropic spirit as a company. Solomon Page felt a relationship with this organization was an organic fit—our main core values closely align with those of Runway of Dreams’.

As Mindy explained during the Q&A, the inspiration for the concept was her son, who suffers from Muscular Dystrophy: though he wanted to wear jeans like his classmates, it was a struggle to take them on and off by himself. Thanks to patience and perseverance, Mindy was able to construct a pair he was able to slip in and out of without her help. As an audience member who also has a son with physical disabilities joked: “When my son wanted to wear nice clothes, I just got them tailored; I didn’t try to revolutionize the entire fashion industry.”

Realizing the desperate void to better accommodate people with disabilities, Mindy took it upon herself to address it. She explained that even though people with physical disabilities are a huge and underserved population–one in 20 people in the U.S. has a disability that affects their ability to dress themselves—mainstream brands were not actively selling in this market. But after some determination and research, Mindy partnered with Tommy Hilfiger in 2016 to build an adaptive clothing line, Tommy Adaptive.

As Mindy discussed, there were three main design factors to consider, that her son, and most people with physical disabilities, battled with: adjustability, closures, and alternative ways to put clothes on. The clothing is adaptable in a sense that it’s adjustable by size and length, mimicking an “internal hemming system” – she lamented that, during her research, she discovered people with disabilities can spend hundreds on tailoring. She also found that zippers, buttons, and hooks posed problems, so she added closures that were more user-friendly, such as magnets. Lastly, many people with physical disabilities, especially people in wheelchairs, are usually unable to stand up and pull clothes over their head, so she designed clothes that presented alternative ways to take on and off.

Many of the audience members resonated with Mindy’s vision, and her son’s personal struggles: people cited elderly parents who struggled to dress themselves in anything fashionable, or other family members who had disabilities. Mindy revealed that businesses are beginning to recognize that people with disabilities are a vastly untapped market: creating the ability to serve over one billion people globally, while presenting a potentially lucrative business opportunity for astute companies.

Click here to learn more information about Runway of Dreams.

Some photos from the event:

Mindy Scheier shows a short introductory video about Runway of Dreams before opening the floor to questions.

A menu of the speciality cocktails served during the event.

The charcuterie board served at the event.

The entrance to the event.

The bar during the event.

The crowd gathers in the main room for cocktails and appetizers.

15 Habits of Self-Made Millionaires

Filed under: ambition, Career Advice, Goals, inspiration, Professional Development, Strategy, Success

Success doesn’t crop up overnight. All self-made millionaires had to start somewhere.

Much of their transformation from ordinary to seven-figure status can be attributed to “rich habits,” a term coined by Thomas C. Corley, who spent five years researching the daily habits of 177 self-made millionaires.

“From my research, I discovered that daily habits dictate how successful or unsuccessful you will be in life,” he writes in his 2016 book “Change Your Habits, Change Your Life.”

“There is a cause and effect associated with habits. Habits are the cause of wealth, poverty, happiness, sadness, stress, good relationships, bad relationships, good health, or bad health.”

The good news is all habits can be changed, Corley notes. Here are some “rich habits” of self-made millionaires that you can start developing today:

They read consistently.
The rich would rather be educated than entertained. As Corley writes, “Eighty-eight percent of the rich devote thirty minutes or more each day to self-education or self-improvement reading … Most did not read for entertainment … The rich read to acquire or maintain knowledge.”

Corley found that they tend to read three types of books: biographies of successful people, self-help or personal development, and history.

Continue reading the original article on Business Insider…

4 Questions Successful People Ask Themselves

Filed under: Self Reflection, Success

Wouldn’t it be fun to be an eccentric billionaire?

Riding your unicorn, the wind in your yacht, giving away tons of money for the powers of good (and maybe spending some of it on yourself?).

It could also be fun to be so successful that you have no major money or house worries, and every day you wake up to a job you love.

Either way, success smells good, doesn’t it? But how do you get there?

You can read the interwebs and find all sorts of interesting information on what successful people do in the morning, or how they structure their day, or even—wink—the questions that they ask themselves.

Why the focus on questions? Well, there are many schools of thought on this but if I can borrow from Appreciative Inquiry, one of the reasons that questions are so important is because “words create worlds.”

What that means is that the questions you choose to ask yourself have a direct impact on the world you create for yourself.

Click here to read the rest on Motto >>

If You’re Not Outside Your Comfort Zone, You Won’t Learn Anything

Filed under: Professional Development, Success, Your Career

You need to speak in public, but your knees buckle even before you reach the podium. You want to expand your network, but you’d rather swallow nails than make small talk with strangers. Speaking up in meetings would further your reputation at work, but you’re afraid of saying the wrong thing. Situations like these — ones that are important professionally, but personally terrifying — are, unfortunately, ubiquitous. An easy response to these situations is avoidance. Who wants to feel anxious when you don’t have to?

But the problem, of course, is that these tasks aren’t just unpleasant; they’re also necessary. As we grow and learn in our jobs and in our careers, we’re constantly faced with situations where we need to adapt our behavior.

Click here to read the rest on Harvard Business Review >>