When businesses grow fast, many times they don't have a good HR infrastructure in place. People start a business because they love their products or services they are offering, not because they love HR. So things like a good job description, employee handbook, onboarding, performance management, etc. may get neglected. Companies should look into if they are ignoring key HR tasks and even the ones they are doing, are they spending too much of their valuable time on those tasks or not. Outsourcing certain tasks to good HR professionals may save companies lots of problems and can also help employees feel that the management values them. Stacey believes that tenacity, perseverance, consistency and looking for ways to get better help businesses succeed.

Jeff Katz explained various senior living options for the elderly population. Multiple challenges like physical or mental health issues, loneliness or financial costs may make it difficult for seniors to stay in their homes. Independent senior living, assisted living or memory care communities can be good options and it is not easy for seniors or their families to find the right community. A good senior living coach can help through this process. Jeff believes that for a senior living coach or for that matter any business owner to be effective, it is very important to be a good listener and continuously look for building long term relationships.

Rene discussed various aspects of HR. Small and mid-size companies struggle to attract the best talent because they don't have deep pockets to compete with the big companies. Then keeping the employees engaged and retaining them can also be very challenging. Rene suggests that looking for soft skills can widen the candidates pool and then specialized skills can be taught. She suggests that for 100 employees, a company should have a dedicated HR person. For less than that a part-time HR person can be engaged, either in-house or an outsourced professional. It is important to have the right personality as an HR professional who can connect with both the management and the employees. Rene believes that having a mindset of coming up with a creative solution is very important in business because there is always a way to get the job done.