With a potential economic crisis on the horizon, business owners are more than concerned. Business owners everywhere are walking a delicate tight rope of financial concern, meeting cancellations, travel restrictions, technology challenges and employee morale, all while trying to remain empathetic toward employees and customers. It’s flat out hard being a business owner right now. When I asked some of our firm’s leaders for their #1 piece of advice for business owners, several common themes emerged: communication and patience. Let’s look at what they had to say.
Our firm has had a strong presence on social media for years, but when our staff asked for tips for using social media tools like LinkedIn to supplement their own networking efforts, we got right to work pulling together an internal training program. We turned to four social-savvy Baltimore area business people for help, and invited them to participate in a panel discussion called “How to Use Social Media to Supercharge Your Networking Efforts.” Our staff was invited to submit questions to the panel in advance of the discussion. Here are just some of the takeaways, which can be used by anyone in any line of work.
Just as sweet potatoes and pumpkin pie might be staples on your Thanksgiving table, community service days are staples for Gross Mendelsohn every autumn. Individually, our staff members volunteer year-round for organizations they believe in (you’ll see a sampling of them at the end of this blog post), but autumn is when we put our hearts and hands together as a team to help local nonprofits. It’s an all-hands-on-deck kind of thing. This year, we converged on Special Olympics Maryland’s tennis tournament and the Maryland Food Bank to help make the local community stronger through service.
It’s hard to believe we’ve been in our new space for six months already. It feels like yesterday that we were packing up hundreds of boxes and decades of memories. We knew that moving a firm our size was going to be an enormous undertaking, but it was necessary. In addition to needing more room to accommodate our growth, all of us at Gross Mendelsohn wanted a space that better reflected who we are as a firm: modern, streamlined and open. After months of looking at existing real estate throughout Baltimore City, we ultimately decided on new construction in an exciting new part of the city called McHenry Row. Despite the massive effort it took to plan for and manage a move of 100+ people, it was worth it. Here’s what we love about our new office, and why.
In case you haven’t noticed, community service in the workplace is more than a passing fad. Since the early days of employees putting in a day of labor for Habitat for Humanity, supporting social and community causes has only grown in popularity. Employees at all types of businesses are sharing their time and special skills with local nonprofits while on their employers’ clock. While nonprofits still rely heavily on corporate donations, it’s no longer just about companies writing a check at year end. Our staff here at Gross Mendelsohn looks forward to participating in several organized community service events every year. Since 2011, our firm has had a robust community service program in place. In case you’re feeling inspired to make community service a bigger part of your business, we are happy to share a behind-the-scenes look at our own experience with a structured, company-sponsored volunteer program.
Raise your hand if you’ve ever felt awkward introducing yourself to a stranger at a networking event. That’s an impressive show of virtual hands! You were probably told early in your career to have a rehearsed elevator speech in your back pocket at networking events. An elevator speech is a 20- to 30-second rehearsed introduction that you use when you meet someone new. It’s called an elevator speech because it should equate to the length of an elevator ride – not too short, not too long. The elevator speech includes a short introduction of yourself, your company, your products and services, and maybe something that makes you unique. Sounds like a smart tool to have in your networking toolbox, right?