Felix Lam

39 Added | 3 Magazines | 1 Like | 6 Following | @felixkelsonlam | Keep up with Felix Lam on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Felix Lam”

When It's Appropriate to Micromanage

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>In a recent meeting with a client, the subject of micromanaging employees’ work came up. Some tasks weren't getting done fast enough, so the client asked me if I thought he wasn’t doing enough to manage his employees and if it’s ever …

Leadership

How to Overcome the Myths of Entrepreneurship

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Most of what the average person reads about entrepreneurship sustains the mystique. We revere the outstanding successes achieved by extreme entrepreneurs -- everyone from Edison to Jobs. Yet, reading about these giants colors our …

Entrepreneurship

The 10 Best Cities for Buying or Selling a Home

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>"Go West, young man," author Horace Greeley famously advised back in the 1800s. Judging from real-estate Zillow's list of the top 10 markets for both buyers and sellers, men (and women!) continue to vigorously heed Greeley's …

Real Estate

How Making Employees Lifelong Learners Can Help Your Company Succeed

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Business moves at a breakneck speed today, and the price of that rapid pace is often a lack of time for learning. That’s why it was especially refreshing to hear Satya Nadella, Microsoft’s newly appointed CEO, recently speak about his …

Employee Engagement

Why Growth Hacking Won't Work for Every Company

Growth hacking is a hot term in the world of startups, because if done correctly, it can quickly provide a lot of growth for a young company. That said, if done wrong, it can cause a huge headache.<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p><i>This article is included in</i> Entrepreneur …

Product Management

Let Go of the Fallacy of Quantum Leap Success

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>The most powerful force for change is the element of time. When you make small positive changes on a daily basis over an extended period, you can achieve great results.<p>We live in a society of instant gratification where everything is …

Self-improvement

Put the Right Foot Forward When You Step Online

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Most new business owners know the importance of establishing an internet presence. Indeed some become so eager to launch a site that they dive too fast and too deep into its development, resulting in costly problems down the line.<p>Before …

Media Industry

Why a Little Fear in a CEO's Day Can Be a Good Thing

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>If you’ve ever been both nervous and exhilarated at the same time, then you know exactly how I’m feeling right now.<p>In early March, I committed to doing something I’ve never done before -- conducting a sizable fund-raising campaign for the …

Entrepreneurship

Seeking Funding? Be Aware of These 5 Details.

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>There is a common misconception that securing a round of funding means success. In reality, a round of funding is a stepping stone down a long path -- like a tool to an equation, far from the end result.<p>If you’re one of the few to get …

Venture Capital

How to Embrace 'The Lazy Entrepreneur' Philosophy (And Still Be Successful)

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>It’s incredibly easy to buy into the illusion that more is always better, and as an entrepreneur there’s a subtle but powerful inertia pulling you to grow and grow -- more employees, more clients, more deals, larger footprint, larger …

Business Strategy

7 Tips for Writing a Killer Press Release

This story originally appeared on PR Daily<p>Think of a husband--well, like Michael Long's father--whose wife asks him to tighten a loosened screw or fix some doohickey around the house.<p>Rather than go down to the basement to rummage about in the toolkit, Old Man Long would use a butter knife from the …

Catchall

Why Your Last Flight Was So Expensive

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Few expenses boil the blood of business travelers like airfares. Airlines are known to make their livings on the backs of road warriors, whose schedules are relatively inflexible and whose travel decisions are often last minute. And these …

Travel Deals

6 Things You Should Never Ask a Job Applicant

This story originally appeared on CNBC<p>What's your greatest weakness? If you're trying to find the best employees, it could be just asking that question.<p>Many of the common questions people ask in job interviews aren't actually that helpful in predicting how well a person will do in a job, experts …

Employment

5 Ways Social-Media Marketers Get Their Message Heard

This story originally appeared on Visual.ly<p>With 73 percent of adults who have access to the Internet using social-networking sites, it’s not surprising that 86 percent of marketers say social media is important for their business. But social media moves at lightning speed: content posted to …

KitKat

7 Power Tools of Persuasion

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Just about all entrepreneurs have experienced that warm, tingly feeling when they realize they’ve hatched a brilliant idea that could change an industry, make a meaningful impact and land them a fortune Perhaps the only thing standing …

Public Speaking

6 Qualities of Highly Successful Teams (Infographic)

With many of us spending the bulk of our waking hours at work, it's important we spend those hours with people we like. In fact, it may be crucial to the company's success.<p>According to a recent survey conducted by communications software company Unify, establishing personal connections with your …

Infographics

No Cash on Hand? 3 Tips on Attracting Top Talent With Stock Options.

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>One of the biggest challenges for startup founders is attracting and securing the best and brightest talent without burning through the company’s limited cash on hand. This means using forms of compensation beyond salary to entice …

Employment

What Does the Color of Your Logo Say About Your Business? (Infographic)

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Close your eyes and picture McDonald's famous golden arches. Now, imagine if they had been gray. Would the burger chain be the international success it is today?<p>The color of some logos is more powerful than the logos themselves -- think …

McDonald's

The Psychology of Saving for Retirement

This story originally appeared on CNBC<p>If it would surprise you to learn that the choice between eating a banana or chocolate in a lab experiment has helped to redefine the way Americans save, then you're behind on the latest thinking in "behavioral finance"--the study of how human psychology …

Retirement

The Underrated Marketing Machine Entrepreneurs Should Be Using

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Despite YouTube’s undeniable popularity among consumers, marketers seem to be less familiar with the platform. Market-research firm eMarketer expects that just two in five U.S. companies, or 40.5 percent, will use YouTube for marketing …

Marketing

Pinterest Ads Are Coming and They're Going to Be Expensive

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Poor Pinterest. The social network often seems like Facebook and Twitter's overlooked little sister. While they dominate the news cycle with flashy high-profile IPOs, equally flashy offices, and gossip-y tales (not to mention a feature …

Twitter

The Ultimate Test: Turning Your Cool Idea Into a Great Product

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Every entrepreneur has one of the epiphany moments: “There needs to be a solution for [insert problem here].” After launching five consumer electronics products with TrackR, we have found the biggest barrier to bringing a creative product …

Manufacturing

The Balancing Act: Sharing Data Versus Guarding Trade Secrets

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>In this age of information, digitization and connected networks, businesses need to make informed decisions faster than ever before to stay competitive. While a two-man startup can rely on free solutions like Gmail and Google Apps to …

Innovation

Customers Are Still Slow to Adopt Innovative New Tech. Why the Lag?

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Back in 1990 my book <i>Crossing the Chasm</i> addressed the marketing challenges faced by entrepreneurs in getting a disruptive innovation adopted by mainstream customers. It struck a chord then. And now 14 years later businesses are still …

Innovation

Have an Idea for the Cokes or Apples of the World? 6 Ways to Get Their Attention.

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>Pitching an idea to one of the worlds’ largest companies -- such as Coca-Cola, Kraft, General Motors or Apple -- isn’t as daunting of a task as you may think. Big ideas deserve to be seen by big companies.<p>But if you’re only one person or …

Selling

Bye Bye BlackBerry: Which Smartphone Should President Obama Use Next?

Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>President Obama's latest executive order? A cell phone that isn't a BlackBerry.<p>Rumor has it that Obama, like other longstanding BlackBerry customers, is in the market for a new device. The White House is reportedly piloting Samsung and LG …

Samsung Galaxy S5

How Robots Will Work with Us Isn’t Only a Technological Question

Many questions remain unanswered about how humans and robots will interact, including in the workplace. We just know that many more of these interactions will be taking place, as robots continue to play a greater role in our lives. Missing from many of our conversations about robots is the role of …

Don’t Let Patent Law Hold Back Interaction Design

Patent law is a powerful tool for encouraging innovation, but it’s also temperamental. As recent efforts to discourage patent trolls have shown, it’s not enough to simply enforce the rules; they must also be updated and fine-tuned to respond to the technology and economy around them. This is why …

Identify Your Primary Customer

<b>Robert Simons</b>, Harvard Business School professor, says companies still struggle to choose the right customer. For more, read his article.<p>SARAH GREEN: Welcome to the HBR IdeaCast. I’m Sarah Green. I’m talking today with Robert Simons, Harvard Business School professor and author of the recent HBR …