Mind Your Business

WITH COREY CHAMBAS

How's Your Economy?

It's not about the economy; it's about your economy. By your economy, I mean your company's economic situation (as opposed to your personal economic situation, which is a whole other issue).

How's Your Economy?

It's not about the economy; it's about your economy. By your economy, I mean your company's economic situation (as opposed to your personal economic situation, which is a whole other issue).

Patience is a virtue ... but maybe not in business.

I was recently talking to a fellow business person about hobbies, and we discovered we both competed in triathlons. As we talked a bit more, I mentioned that my favorite hobby, however, is musky fishing. She said, "Boy, you must really be patient!"

Muskies are sometimes known as "the fish of 10,000 casts," and while that might be a bit of a stretch, most days on the water, you don't catch a fish. I chuckled at the irony, because if you ask my wife or the people I work with, they would all say I am very impatient. I started thinking about the phrase, "patience is a virtue." Is this true? Sometimes, but in the business world, I think it might be the opposite.

Help! I need somebody. Help!

We recently hired a few new employees. As their supervisor walked them through our facility and introduced them to everyone, I was reminded of a process I follow with my own direct reports. On the first day, I sit down with the employee and basically say, "OK. You have the job. In our lengthy interview and hiring process, you may have fooled me and been able to oversell yourself a bit. If so, that's OK. At this point, you're hired and I am fully committed to making sure you are successful." I let the employee know that if there is ever anything that they need help with, don't understand, or if they are just in over their head, that they should come to me. That may seem a bit unusual but I believe a supervisor's main job is to help the folks who report to them be successful.

Back to School?!

Ah, it's the end of summer and the kids are going back to school. Some of us are prepping our own kids for this adventure and some of us have kids beyond this stage in life. Regardless of your situation, I'm guessing you have fond "back to school" memories from your childhood.

Farms grow more than vegetables

I feel very lucky to live in Madison. One of my favorite hobbies is cycling. I especially enjoy biking this time of year, because within minutes of leaving my house, I am riding through lush farm fields. My wife loves the farmers' market, and comes home every Saturday morning with all kinds of produce brimming from her basket (I never used to know that Sorrel, Rapini and Cardoons were even foods). Local farms are a great asset to our area — not just for their beauty and for pleasing our taste buds, but also for our businesses. That's because farms don't just grow vegetables — they grow great employees.

When the (all) stars align

LeBron James, Dwyane Wade, and Chris Bosh. Whoever has the best team wins. Whether its basketball or business, it's always the time to be looking to improve your team. If you're in the service business, you are in the people business, and now might be the best time to add an all star or two to your lineup.

Corey Chambas has over 30 years of business experience. He is the President and CEO of First Business Financial Services, Inc., is chairman of the board of M3 Insurance Solutions, an advisory board member of Aldine Capital Fund, and a member of the board of the United Way of Dane County and the 2018 Campaign Chair.

In Business magazine