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Newsletter #8: How to Get Ahead of 99% of People, Side Hustles Are Turning into Real Businesses, How to Be a Better Leader

SCALE UP Newsletter #8

Welcome to Scale Up, the smarter way to grow with fractional executives.

In this edition:
💰 Side Hustles Are Turning into Real Businesses
🏆 How to Get Ahead of 99% of People
🚀 How to Be a Better Leader

Let’s dive right in. 👇🏼

How to Be a Better Leader Amid Volatility, Uncertainty, Complexity, and Ambiguity

More than three decades ago, the U.S. Army War College developed a framework for understanding how leaders succeed during times of volatility, uncertainty, complexity, and ambiguity. The framework, known as VUCA, has been widely discussed and adopted since, but it turns out to be better at describing what successful leaders do than teaching all leaders how to succeed.

Learn about the updated approach that has generated positive outcomes in military, business, and sports contexts.

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By joining Hire A Fractional, you can connect with fractional executives who will transform crucial areas of your business without the costs of hiring full-time executives.

Our all-in-one platform offers the expertise you need, precisely when you need it, providing a cost-effective solution to your leadership requirements.

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How Side Hustles Are Turning into Real Businesses

New data shows that 44% of new business owners in the US launched their ventures while working part- or full-time last year. That’s up from 27% in 2022.

Billionaire Steve Cohen said he expects that more businesses will move to a four-day work week, one of the reasons he’s made investments in golf.

Finance workers in New York have long made more than their counterparts in London. And the gap is widening when it comes to banking employees just starting their careers.

Tax Season: Ways to Save Time and Money

Two major assets we have are our time and money - and as millions of taxpayers prepare to file annual tax returns on April 15th, this year's tax code updates offer opportunities to save on both.

Find out how new, simpler procedures from the IRS can help your business.

Qualified role at the rate you deserve

Featured Fractional Role: Director of Finance and Operations 🇺🇸

Fractional executives like you are applying for this role today!

Do you have the skills and expertise that this company needs to succeed?

How to Get Ahead of 99% of People

⭐ Leveraging other people's money, collaboration, code, and content can help you get more for what you put in.

⭐ Investing in education is a better long-term investment than putting money in the stock market.

⭐ To get ahead, communicate clearly with your employer about the skills you want to learn and see if they can support your growth; if not, consider switching to a company that invests in employee development.

Labor Market Woes: US Small Businesses Scale Back Hiring Plans

U.S. small businesses' hiring plans fell to the lowest level since the early stages of the COVID pandemic, according to the latest jobs report from the National Federation of Independent Business (NFIB).

More than half of small business owners reported hiring or trying to hire, but employment activity remains solid, although waning from peak levels. The small business labor market remains tight, with owners competing to retain and recruit employees.

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