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The Power Of “I Don’t Know”

LDRLB

More than 20 years ago, psychologist David Dunning and Justin Kruger demonstrated that when people knew very little about a topic or situation, they were very likely to over-assess their knowledge and ability. For leaders, a powerful antidote is simple acknowledging that you don’t know. In fact, it can often go the opposite way.

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8 Steps to Building Your Business Credit

Strategy Driven

You should also know that each of the main credit bureaus for businesses, Dun & Bradstreet, Experian and Equifax, all have their own set of criteria when scoring a business’s credit. Get a DUNS Number. You can also use your DUNS number to bid on a variety of government contracts. Make Sure You Check Your Reports Often.

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8 Steps to Building Your Business Credit

Strategy Driven

You should also know that each of the main credit bureaus for businesses, Dun & Bradstreet, Experian and Equifax, all have their own set of criteria when scoring a business’s credit. Get a DUNS Number. You can also use your DUNS number to bid on a variety of government contracts. Make Sure You Check Your Reports Often.

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The 5 Easiest Ways to Build Business Credit

Women on Business

Not only does it make your personal finances vulnerable, but business credit is a much more powerful tool professionally than personal credit. Major business credit bureaus include Dun & Bradstreet, Experian and Equifax. Whatever you do, don’t operate your business on your personal credit.

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Looking For Leadership

N2Growth Blog

The idea that the "cream will rise to the top" is too often more than offset by the Dunning-Kruger effect; and the real leader's highmindedness will be viewed as a threat to the status quo. The trick is to separate the wheat from the chaff and then to put the valuable items to productive use.

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Use Data to Fix the Small Business Lending Gap

Harvard Business Review

At first blush, it seems relatively easy to build an algorithm that has greater predictive power than the personal credit scores that some lenders continue to use as their primary small business credit indicator. New entrants to small business lending have been taking this blended model even one step further.

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“Leadership Qualities” vs. Competence: Which Matters More?

Harvard Business Review

There’s sometimes a disconnect between how we talk about leadership qualities (we tend to use words like authority , power , and emotional intelligence ) and what we actually require from the people leading teams and other working groups (arguably, competence and a deep knowledge of the specific work that needs to get done).