ERIC BOROMISA

When to Seek Outside Help for Your Mid-Sized Business When did you do your last check up with a doctor? And when did you do the equivalent for the business that you run or the business unit that you lead? Running a business can be extraordinarily rewarding, but also incredibly demanding. Like scheduling regular check-ups with a doctor, bringing in specialized advisors early can help you identify problems before they become critical (and expensive). At one of my former clients, we were called...

Scarcity is a powerful motivator, evoking strong emotions, our survival instincts and can drive irrational behavior. Look at grocery shelves before a hurricane or during the last pandemic. As a business owner, done poorly, scarcity can come off as arrogant or exclusive, potentially alienating customers. Waiting in line for an hour, only to enter an empty nightclub, is a great way to have patrons looking immediately for the door. However, by taking an honest, transparent approach, brands can...

We talk about leadership and governance like they’re abstract systems, but here’s the truth: your life is the first system you ever manage. If your personal  loops are open—if you operate like the world is just one big buffet of extraction—you will burn out, stall out, or blow up. It might take a decade, but the loop always closes. On the other hand, living as a closed loop—what I call Mutualist Living—makes your life anti-fragile.  You create a self-reinforcing cycle of growth, trust, and...