As a small business owner, you may think that larger businesses have nothing to offer you. After all, how can they understand the trials of trying to make it as a small business? The reality is they have a lot to offer. Many large corporations started out as small businesses. Furthermore, the business lessons they have to offer are relevant to other businesses regardless of size. Paying attention to corporations can be very beneficial to your small business.
Listen to Your Employees
This may actually be a lesson a small business owner really needs to hear. It is so common for an owner to take on that leadership, alpha role where they steamroll over everyone. They know it all, and employees are just there to keep things running. What large corporations have learned, though, is that employees often have great ideas and are willing to be innovated. Top executives may be too stuck in their ways, but once employees jump onto something, they can’t help but notice, and it often pays off.