archiveDe Facto Director Insider

CEO and Founder of Pro Hockey Development Group Lindsay Hofford cover what it takes to start a Pro Hockey business. Whether starting a hockey business from scratch or looking to grow an existing one, a few things are needed first. Fortunately, learning the hard way is a thing of the past....

Resource management is a process that all businesses should follow, but it's not always easy to do. Business owners and managers often find themselves with too many resources or insufficient. The key is finding the right balance between managing resources efficiently and providing enough time for employees to perform their...

Brad Zackson, co-founder and director of development for full-service real estate firm Dynamic Star, believes investing in multi-family real estate can be exciting and lucrative. Unfortunately, some investments are the result of ill-informed decisions. While sometimes a property investment does not pan out for reasons out of one’s control, an...

With the coming of a new green era, fossil fuels are poised to go the dinosaur's way. Soon enough, the combustion automobile engine as we know it will be a thing of the past. Even as hydrogen-powered cars loom on the horizon, electric vehicles (EVs) are currently making inroads into...

Writing is an easy process until you start it. But it becomes challenging when you start writing. This is because so many thoughts work at the same time when you start writing. For instance, you may always feel tense with your quality of writing and also deliver it to the...

Cormac Russell and John McKnight believe in the power of communities to create shared well-being — and their new book The Connected Community: Discovering the Health, Wealth, and Power of Neighborhoods, is an illuminating look at how to make it happen. But it’s principles can be applied to any small group,...

With the growth of a business, the infrastructure gets more complex each day — it’s inevitable. However, with this increased complexity, it’s getting more difficult to have an overview of everything that is going on in the company — let alone in branches located in other cities. Therefore, like any organization,...

CEOs of medium-sized businesses (MSBs) and non-profit organizations alike face an unending (and unenviable) task: they must preside over impeccable standards of accounting if their operations are to remain free from reputational and financial damage. In the US, for example, data from Charity Navigator shows that the public donates hundreds...

Your branding is your business's personality. It's the central identity and ethos that customers and leads connect with, which is critical if you want to form the kinds of relationships that stand the test of time.  But your brand is not static. It should be evolving over time, meeting customer...

No business can succeed without a strategic plan. Yet, based on my fifty years of experience leading companies like Reebok and HBO Video, I’ve come to realize that often the biggest hurdle to creating a plan is figuring out exactly what business you’re in. Below is my step-by-step formula for...