Press - The Alternative Board San Mateo County
The economy of Northern California, home of Silicon Valley, is steeped in innovation and entrepreneurship. Technology companies including Hewlett-Packard, Apple and Intel had their humble beginnings in this region. The San Jose and San Francisco metropolitan areas ranked third and sixth, respectively, on the 2015 Kauffman index of startup activity, which measures the rate at which new entrepreneurs and new businesses are popping up.
While big businesses enjoy the collective wisdom of a highly experienced, elected board of directors and large pools of executive talent, today’s small-business owners may not know where to turn for business advice or mentorship.
There's nothing more exciting than breaking free of a cubicle and starting your own business - until you discover the drawbacks.
While entrepreneurs make their own rules, set their own hours and decide how they want to do business, they almost inevitably discover they lack a safety net when their personal lives get challenging. Many tackle divorces, medical setbacks, childbirth and loss of loved ones while still handling deadlines, tackling customer issues and making payroll.
Go ahead, ask anyone who's in a family business about what it's like working with other family members, and you'll hear anything from "We love each other too dearly," to, "Today I almost killed my sister." Emotions, squabbles, fights and the like are pretty common, even among some of the most successful family operated companies. But the real thicket involves this question: Who's going to take it over when the current generation retires?
Every year, a new batch of college graduates enters the job market. With each graduating class, the generational balance in the workplace shifts, leaving baby boomer and Gen X leaders wondering how to relate to their younger counterparts.