What the back of a business card can say about your company

Define your company's culture, and put the definition into action. One office supply company, Chalkfly, still sends handwritten notes with its invoices.
MAY 09, 2014
If somebody had asked my dad what his company culture was, he would have locked them with a 1,000-foot John Wayne stare. That would sound like a bunch of woo-woo-woo hippie stuff to him, one of the last stoic sons of the West. But in truth, the family excavating business did have a culture. It was written on the back of his business card: "The bitterness of poor quality and workmanship remains long after the sweetness of the low bid is forgotten." See How to scale your company's culture In that phrase he told all potential clients that he and my brother and mother hustled. That they were fair and committed. That they believed in quality. Still, he would have thought that's just how you run a business, not some fancy business school lingo about culture. I might have agreed with him until I sat this week with Ross Sanders, the executive director of Bizdom, the Detroit-based startup accelerator founded by Dan Gilbert. We were talking about startups, and Sanders declared the biggest mistake they make when launching is not defining company culture: "You can Google an income statement, but what we teach is an emphasis on culture and core values. This is the foundation everything else is built on." He gave me Detroit-based Chalkfly as an example. It had $2 million in revenue last year selling office supplies online — and it expects to double revenue this year. Part of its success, he posited, is its focus on company culture. He told me that Chalkfly's culture is about how it still sends handwritten notes with invoices. It delivers flowers to clients' administrative assistants on Administrative Professionals' Day. It nails the customer service because that is what the founders believe in. I got it. Company culture isn't just for tech entreprenuers with all the resources handed to them in fancy incubators and accelerators. It's for every small business owner, regardless of how tiny. It's about how you greet customers in your store. How you speak with clients on the phone. It's who you are and how you present yourself. It's even for a man who is more comfortable digging in the hard rock of Colorado than in government bonding and bidding meetings. It explains why he taught my brother to put on a clean shirt and nice boots before you go. He just called it acting like the owner, not the help, even when you were both. This article first appeared in Crain's Detroit Business

Latest News

Despite economic pressures, Americans aren't giving up their summer vacation plans
Despite economic pressures, Americans aren't giving up their summer vacation plans

Survey finds vacation confidence at an all-time high, defying budgetary constraints and ongoing inflation in travel costs.

New Jersey court says restitution and disgorgement can both be used in securities fraud cases 
New Jersey court says restitution and disgorgement can both be used in securities fraud cases 

A New Jersey appellate court reinstates regulators' ability to seek both restitution and disgorgement in a securities fraud case involving unregistered investments and diverted investor funds. 

UBS loses Ocean Capital lawsuit 
UBS loses Ocean Capital lawsuit 

A federal appeals court has sided with activist investors in a closely watched proxy battle involving nine Puerto Rico municipal bond funds.

Fidelity National's $250 million investment in F&G Annuities survives Delaware shareholder lawsuit 
Fidelity National's $250 million investment in F&G Annuities survives Delaware shareholder lawsuit 

Judge rejects shareholder lawsuit targeting Fidelity's preferred stock deal.

Fintech bytes: Zocks inks new tie-up, Fireflies enters the scene
Fintech bytes: Zocks inks new tie-up, Fireflies enters the scene

The newest advisor-focused AI notetaker arrives with a low-price pitch for enterprises – but is it too little, too late to gain market share?

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave

SPONSORED The evolution of private credit

From direct lending to asset-based finance to commercial real estate debt.