skip navigation

Leaving and starting new venture

Faith RalstonDear Dr. Faith,

I love to implement innovative, new ideas. Over the past ten years, I've launched over ten successful projects in my company that have directly improved the bottom line. My latest idea is radical. Too radical I'm afraid for our conservative company. But I believe it would save the company millions.

I'm considering starting my own business - and reselling this service to my company as an outside vendor. Any words of advice would be much appreciated.

A Radical

Dear ‘Radical,'

You're a mover and a shaker. I applaud your success. Clearly, you have an excellent track record of implementing new idea. Starting your own business is a logical next step. Realize that if you leave the company, you're radically changing the playing field. Learn as much as you can from outside vendors, business resources and layers before you act. Do your homework. Talk to people who've done what you are considering. Find an internal sponsor and get solid feedback on your concept. See out mentors who've gone down this path. Plan very carefully. Also stay on excellent terms with people in your company as you want to turn around and do business with them. Clearly you know how to implement. Use this skill to plan your next move. Then when you're ready - take the leap!


Dear Dr. Faith,

I'm a new manager. I'd like to start on the right foot and build excellent trust with my employees and with my boss. How do I set about doing this?

New Manager

 

Dear ‘New Manager,'

If you want to build better relationships with others, here are five trust factors that help you succeed. Others trust you when they are:

  • Confident you will tell them what they need to know - when they need to know it.
  • Believe you will follow through and do what you say you're going to do.
  • Know you're willing to resolve problems with them in a mutually satisfying way.
  • Sure you care about their well-being and take them into account when making decisions.
  • Competent and have the appropriate knowledge and skills to do your job.

Cover these bases and you're sure to succeed!

©Faith Ralston, Ph.D.
Permission to distribute with the following biographical information:
Faith Ralston is an expert in leadership and team development and Chief Talent Officer of the Play to Your Strengths consulting group. Faith has 26 years of experience helping leaders improve performance and results. She specializes in dealing with leadership teams and helping everyone contribute their best talents. She is the author of PLAY YOUR BEST HAND, speaker, and executive coach and creator of Play to Your Strengths talent system for leaders and teams.
Learn more and sign up for her online newsletter at www.faithralston.com and email: faith@faithralston.com