John Leu News Today

>> got it. >> the other thing is hire for attitude and not for skill. you can teach skill but you cant teach attitude. the next thing is im sure that lots of college graduates are not going to agree with -- i never hire somebody who has had at least two jobs and the reason is in the first job its never good enough. they want to see what the grass is like on the second job, its always greener. after two jobs they know what culture theyre looking for in a company. so if you want to retain employee...

Lets turn to the board of directors. john leu is the new york city comptroller and norm broad sky an entrepreneur and ink magazine columnist. great to see you. have you been to the village vanguard. >> i have. >> i think maybe the secret is cutting it off in two hours as she did to our team. >> she has great instincts and exactly what you said is keeping things the same. what most do in business they try to change in large place. that place is small, i think it sits 150 people. she kept it that ...

Members are aware of whats expected of them. two, communicate formally and openly in the work place. your staff should see that decisions are being made in the office and not at home. three, set compensation. paying family can be a tricky issue. set a predetermined compensation plan or work with an independent consultant to decide salaries. four, establish a welcome plan. determine how family members should be brought into the business. and, number five, have a secession plan in place. determine...