
In business, the term “best practices” is used often when we discuss setting up the foundations of a company. When I started my business, I was a junior in college and this was not a concept that I learned until after a few years of struggling. I remember it clearly; I was at a round table of business owners who had all been in business longer than I had, and one of the entrepreneurs said (even though I was just starting out) to try to apply “best practices.” He continued to explain that for him this meant running his small business as if he were already a bigger company. He held weekly meetings with himself and outlined the positions in the company that he filled and eventually would hire staff to fill. I remember thinking to myself, why didn’t I learn this in business school? What a good idea – I need to do this in my business!