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Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Friday, 24 July 2020
Thursday, 23 July 2020
Wednesday, 22 July 2020
The 3 Most Valuable Things Entrepreneurs Can Be Doing for Their Team Right Now
No matter how your business has been impacted, your team needs its leader more than ever.

You may be worried about your business, but you aren’t the only one stressed out. Right now, your team members are worried about their careers, their families and their futures. No matter how much the current public health- and econimic-crisis has impacted you, your team needs its leader now more than ever.
Even if you've avoided eliminating positions in your business thus far, people are worried. Unemployment numbers have already hit record highs, and Gallup reports that a quarter of American employees fear they'll lose their jobs.
Workers and companies fortunate enough to stay open during quarantine orders still face unique challenges. Employees who have never worked from home now spend every hour indoors. People who loved to flaunt their extroverted selves on weekends now make do with videoconferences and virtual Netflix parties. In uncharted territory with a muddled future, entrepreneurs must not abandon their teams in their moment of greatest need.
Keep your team safe, supported and productive by acting as their most valuable ally. Here's a guide to getting started.
People who worry about their financial situations miss work more frequently than their financially secure peers. Concerns about financial stability also affect productivity on the job. Ironically, the people who need money the most are more likely to call in sick or fail to do their best work.
Give workers the leg up they need by empowering them to create some distance from the threat of financial hardship. Help employees access financial aid resources and save for the future by working with a small business 401(k) provider like Guideline. Look for a low-fee provider that makes it as easy as possible for employees to manage their retirement to show you care about their financial future.
Other perks, such as paid sick leave and competitive salaries, can help alleviate the stress of bills and security. New generations saddled with college debt also appreciate student loan repayment assistance. Take care of your employees, and they'll return the favor by bringing their best selves to work every day.

You may be worried about your business, but you aren’t the only one stressed out. Right now, your team members are worried about their careers, their families and their futures. No matter how much the current public health- and econimic-crisis has impacted you, your team needs its leader now more than ever.
Even if you've avoided eliminating positions in your business thus far, people are worried. Unemployment numbers have already hit record highs, and Gallup reports that a quarter of American employees fear they'll lose their jobs.
Workers and companies fortunate enough to stay open during quarantine orders still face unique challenges. Employees who have never worked from home now spend every hour indoors. People who loved to flaunt their extroverted selves on weekends now make do with videoconferences and virtual Netflix parties. In uncharted territory with a muddled future, entrepreneurs must not abandon their teams in their moment of greatest need.
Keep your team safe, supported and productive by acting as their most valuable ally. Here's a guide to getting started.
1. Help insulate them from financial hardship
People who worry about their financial situations miss work more frequently than their financially secure peers. Concerns about financial stability also affect productivity on the job. Ironically, the people who need money the most are more likely to call in sick or fail to do their best work.
Give workers the leg up they need by empowering them to create some distance from the threat of financial hardship. Help employees access financial aid resources and save for the future by working with a small business 401(k) provider like Guideline. Look for a low-fee provider that makes it as easy as possible for employees to manage their retirement to show you care about their financial future.
Other perks, such as paid sick leave and competitive salaries, can help alleviate the stress of bills and security. New generations saddled with college debt also appreciate student loan repayment assistance. Take care of your employees, and they'll return the favor by bringing their best selves to work every day.
2. Get proactive about checking in
Open-door policies force employees to instigate. Someone who has a problem doesn’t want to barge in and ruin your day, especially if you’re as busy as most small business owners. You may believe that making yourself available is enough, but that mindset could lead your best employees to leave for greener pastures if they don’t feel heard.
Rather than take a passive role in your team’s well-being, take it upon yourself to bring up potential issues before they drive your best workers away. Schedule regular one-on-one talks to discuss topics not related to current projects. What would your employees like to see changed? Which challenges have stuck with them over the past few weeks? Do they get along with their peers? You don’t have to act on every small complaint, but by offering a sympathetic ear, you can at least keep small issues from growing into big problems.
When you check in with your team, keep it visual. Remote team members appreciate videoconferences when they can’t make it into the office. In permanent work-from-home situations, fly employees in at least twice a year to maintain personal connections.
Open-door policies force employees to instigate. Someone who has a problem doesn’t want to barge in and ruin your day, especially if you’re as busy as most small business owners. You may believe that making yourself available is enough, but that mindset could lead your best employees to leave for greener pastures if they don’t feel heard.
Rather than take a passive role in your team’s well-being, take it upon yourself to bring up potential issues before they drive your best workers away. Schedule regular one-on-one talks to discuss topics not related to current projects. What would your employees like to see changed? Which challenges have stuck with them over the past few weeks? Do they get along with their peers? You don’t have to act on every small complaint, but by offering a sympathetic ear, you can at least keep small issues from growing into big problems.
When you check in with your team, keep it visual. Remote team members appreciate videoconferences when they can’t make it into the office. In permanent work-from-home situations, fly employees in at least twice a year to maintain personal connections.
3. Relax or eliminate excessive rules
Cut the bloat from your employee handbook and role descriptions. As businesses grow, isolated incidents lead founders to create companywide rules that may not facilitate productivity as much as they hinder workers's ability to do their jobs. By slashing your guidelines to the bare minimum, you demonstrate to employees that you trust their good judgment.
A display of trust proves to employees that you believe in their honesty and productivity without the need for frivolous guidelines. Your workers have enough to deal with outside of the (home) office; don’t add to their misery by piling on new remote work regulations. If anyone abuses the freedom, have a serious conversation or find someone new who doesn’t. A person who wants to slack will find a way, rules or no rules, but a dedicated worker doesn’t need rules to flourish.
Monitor performance metrics in this new normal, and set expectations based on that reality. You may discover that productivity spikes in certain areas and craters in others. Let employees work how and when they can, then play the evaluator once you have a more defined plan.
Your workers look to you as both a leader and as an example of how to handle tough situations. Give them an example worth following by investing in their happiness and encouraging a sense of community at work. When you show your employees that you care, they'll internalize that lesson and treat their colleagues with the same respect.

Rashan Dixon
ENTREPRENEUR LEADERSHIP NETWORK WRITER
Co-founder of Techincon and Senior Business Consultant for Microsoft
Cut the bloat from your employee handbook and role descriptions. As businesses grow, isolated incidents lead founders to create companywide rules that may not facilitate productivity as much as they hinder workers's ability to do their jobs. By slashing your guidelines to the bare minimum, you demonstrate to employees that you trust their good judgment.
A display of trust proves to employees that you believe in their honesty and productivity without the need for frivolous guidelines. Your workers have enough to deal with outside of the (home) office; don’t add to their misery by piling on new remote work regulations. If anyone abuses the freedom, have a serious conversation or find someone new who doesn’t. A person who wants to slack will find a way, rules or no rules, but a dedicated worker doesn’t need rules to flourish.
Monitor performance metrics in this new normal, and set expectations based on that reality. You may discover that productivity spikes in certain areas and craters in others. Let employees work how and when they can, then play the evaluator once you have a more defined plan.
Your workers look to you as both a leader and as an example of how to handle tough situations. Give them an example worth following by investing in their happiness and encouraging a sense of community at work. When you show your employees that you care, they'll internalize that lesson and treat their colleagues with the same respect.

Rashan Dixon
ENTREPRENEUR LEADERSHIP NETWORK WRITER
Co-founder of Techincon and Senior Business Consultant for Microsoft
Tuesday, 21 July 2020
Monday, 20 July 2020
What every entrepreneur should keep in mind for 2020
Keeping in mind the fundamentals of what it takes to be a successful entrepreneur is a good way to get you on track of achieving what you desire in 2020. Here's what to keep in mind.
![]() Photo by Taylor Grote |
Know what you want to offer
Everyone wants to start a business, yet many have no idea what it is that they actually want to offer - more specifically, where to start.
This mental fog prevents you from taking the first step to becoming a successful entrepreneur. So, how do you clear the fog and break down the door? It’s simple: draw up a plan and stick to simple wisdom.
Creating a comprehensive blueprint of your future business will help you get rid of the “ifs” and “buts” and it eradicates any unforeseen mishaps on your path.
Draw up a mind map to physically view your ideas; seeing your ideas jotted down on a page will help create a comparison of which idea is better than the other.
Conduct research on which services are lacking in your industry - do this if you really are really conflicted about what to offer.
via GIPHY
The ability to know what service or product you want to offer is a definite skill. To nurture the skill and to master it takes time and consideration. Sit and ponder if you must to get clarity. However, and this is an important contrast, you must never forget that you know nothing. As the great Greek philosopher, Socrates once said, “I know that I know nothing”.
Have grit and the right mentality
We, and especially you, are tired of hearing “be strong” and all those other motivational clichés. Could you just imagine when things don't go according to plan just at the beginning of your journey and you decide to throw in the towel? The image reeks of failure! As obnoxious as it may sound, no one, and I mean no one, has gotten very far by simply giving up after each failure.
Many entrepreneurs are naturally-gifted at having grit in the face of adversity and then there are some who aren’t as lucky. Do not fret should you fall into the latter. This trait can be cultivated by nurturing your will power, which every one of us has. Adopting a “do not give up” mentality coupled with having persistency in your arsenal will help you succeed at building your business to where you want it to be.
Having the right attitude is sometimes all that it takes to be an entrepreneur, so be mindful of what you think and say to yourself. Believe that your business will be a success and it will surely happen.
You need to take risks
It's 2020 and we have entered a new decade, but this does not change the fact that risk-taking can make or break your business. Taking risks is what will set you aside from those that say they want to start a business and those that actually go out there and start working on their vision.
You may need to leave your day job just to start focusing on your business, which is a major risk because it means there is no steady income. You may need to borrow some money from a family member or make an exorbitant loan from the bank to help fund your business. These are the type of risks that often needs to be taken.
The fear of loss, the fear of getting into legal trouble, and the fear of not making it big are what normally lets good ideas fade away into nothingness. So take the plunge if you must, but don't be reckless and thoughtless about how you go about setting up your successful business.
Knowledge is a powerful tool, so bury yourself with information that will help you mastermind something into existence. Do thorough research of your target market, view tutorials, attend masterclasses, do anything to make sure you are taking in information that is going to be beneficial for your business.
If you are planning on creating a specific product, it is best to find out as much as possible about the product as well as your competitors. The same applies to any service offering. By doing this you identify what will make your product or service stand out from the rest.
The following is a quote from Yukio Mishima that is as relevant as ever:
To be a successful entrepreneur, you need to keep in mind that accountancy is an important skill to have. You do not have to be chartered account per se, but you do need to work out things (numerically speaking), to make sure your business is profitable.
Accounting does help identify what’s working and what’s not working, in terms of the financials. It also helps keep track of your business’s capital and what could be missing to make things better for you.
It’s a small thing to keep in mind, but it surely can make a huge difference to you when you are just starting out. So take a few short courses in accountancy and teach yourself the basics. Plus, it would not hurt to learn something new.
Don’t forget to learn
Knowledge is a powerful tool, so bury yourself with information that will help you mastermind something into existence. Do thorough research of your target market, view tutorials, attend masterclasses, do anything to make sure you are taking in information that is going to be beneficial for your business.
If you are planning on creating a specific product, it is best to find out as much as possible about the product as well as your competitors. The same applies to any service offering. By doing this you identify what will make your product or service stand out from the rest.
The following is a quote from Yukio Mishima that is as relevant as ever:
What transforms this world is — knowledge. Do you see what I mean? Nothing else can change anything in this world. Knowledge alone is capable of transforming the world, while at the same time leaving it exactly as it is. When you look at the world with knowledge, you realise that things are unchangeable and at the same time are constantly being transformed.
Sharpen your accounting skills
To be a successful entrepreneur, you need to keep in mind that accountancy is an important skill to have. You do not have to be chartered account per se, but you do need to work out things (numerically speaking), to make sure your business is profitable.
Accounting does help identify what’s working and what’s not working, in terms of the financials. It also helps keep track of your business’s capital and what could be missing to make things better for you.
It’s a small thing to keep in mind, but it surely can make a huge difference to you when you are just starting out. So take a few short courses in accountancy and teach yourself the basics. Plus, it would not hurt to learn something new.
Tuesday, 14 July 2020
The 4 Actions You Must Take to Find Your Opportunity

Image credit: Hero Images |
Don’t look for an industry, look for the opportunity. Opportunity is a set of circumstances that makes it possible to do something. The middle class looks for jobs to solve their problems. You need a job, but you also need opportunity. Senior students at MIT and Harvard right now don’t even know what opportunity means, they will just be looking for a job next summer. The truth is, an opportunity will solve your problems. Here are four tips today to find your opportunity:
1. Look for opportunity.
Before you can see an opportunity, you have to be looking for opportunity. This seems basic but many people have given up on looking for opportunity. This is why there is that saying, “You wouldn’t see an opportunity if it hit you in the face,” comes from. Opportunity can literally be right where you are but you’re blind to it.
2. Be willing to read and research.
They say knowledge is power, and it’s true. You won’t find opportunity without knowledge
Everything you ever want, you are just a piece of knowledge away from obtaining. The only thing between you and massive wealth is the right knowledge. I’ve experienced all the delays and pitfalls that keep people in the middle class, but I was able to push beyond them to become wealthy, and I can teach you to do the same because of the knowledge I've obtained.
3. You have to go for it.
You have to leave where you are comfortable. Staying with mommy and daddy past the age of 25 isn’t going to work, sorry. Opportunity might mean moving out of state or even across the country. Maybe, just maybe, you need a new passport for your opportunity. The point is, the opportunity may not be where you are because you might be a big fish in a small pond.
4. Make contacts.
Everything you want, somebody else has it. Contacts equal contracts. How big is your power base? How big is your pipeline? The more people you know, the more opportunities will come your way. There’s a reason why successful network marketers make a lot of money -- they prospect.
Your next opportunity might just be with someone you don’t even know yet. You need to go out and meet them.
So what is your opportunity that you need?
Each of of these four essentials -- looking for opportunity, reading and researching, going for it, or making contacts -- requires effort on your part. I have a few sayings that relate to this:
Everyone wants to have a six-pack but don’t want to put in the time.
Everyone wants to be the boss but won’t go out on their own.
Everyone wants to be a millionaire but won’t spend $1000.
I will add to this, “Everyone wants an opportunity but won’t ____.”
What’s your excuse?
Find your opportunity.

Grant Cardone
ENTREPRENEUR LEADERSHIP NETWORK VIP
International Sales Expert & $1.78B Real Estate Fund Manager
https://www.entrepreneur.com/article/300589
7 Habits That Make Great Opportunities Happen
Do you want to be at the right place at the right time? Adopt these habits to make sure opportunity comes knocking.
Everyone hears about that person who is “in the right place at the right time.” Maybe you know someone who seems to be that person all of the time. We have those friends who walk right into the perfect job and achieve the right promotions as if they have a crystal pointing them in the right direction. They get awarded the best projects and their presentations get praise and standing ovations from the special guests who showed up to hear them. How do they do that?
It’s not fate or a great gene pool. It’s not an accident. It’s not even a lucky star. People who enjoy consistent success know what it takes to make great opportunities happen. Change a few habits and people might be wondering how you get so many opportunities, too.
It’s true. You don’t need luck if you can make things happen; you need strategy. Simply stated, strategy is a realistic plan to move forward by taking advantage of the opportunities that suit your unique abilities. It’s a matter of having control. It takes time and some attention, but buying a lottery ticket takes that and money, too.
Want to make good things happen for you? Here are seven habits that make great opportunities happen.
1. Pay attention
Value curiosity and collect information. Make a habit of interacting with your environment. Notice things that happen around you. People who notice things know more than people who don’t.
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Notice the kind of preparation and responses people value.
Notice how you can make processes and meetings work better.
Notice what makes people’s lives easier, faster and more meaningful.
Notice ways that you can add value without taking something away from those around you.
Develop a habit of paying attention. You’ll grow as a person and you’ll become a natural resource to the people who work with you. It will become natural for them to think of you when new opportunities happen.
2. Think of your work as important
No matter how dull, uninteresting, or seemingly useless the project, assume a higher purpose is driving it. Bring your best talents and most dedicated attitude to it. What you think changes how you feel and what you do. People will respond to the importance you place on the work that you’re executing. Develop a habit of honoring your work. People will place more value on the work you do and start to look for opportunities where they might use your higher-level abilities.
3. Be aware of the potential of your impact
The way you look, the smile you give, the way you answer on your cellphone—each causes a response in someone you might never be told. Everything you do has an impact. When you make decisions, think them through to understand how they will affect other people. Develop a habit of considering how your actions affect the people around you. People will see that you make work easier, rather than making more work for them.
4. Imagine opportunities everywhere you look
Lucky people know that opportunity is always present. Look for ideas and trends that match your interests and your skill set. Bend and twist those ideas to make them uniquely yours. Develop a habit of looking at everything to see how you might improve it—how you’ll make it more fun, faster, cooler, friendlier, easier, quieter, more musical, lighter, more romantic, more exciting, more inviting, more anything. Choose the opportunities that benefit other people and they will support your offer to take advantage of an opportunity.
5. Make yourself a magnet for jobs you do well
Be generous offering your help and counsel. When people help you, suggest your best skills as a way you might return the favors. Be on alert for the tiniest ways to match your best work with what the people around you might be doing. Talk about your favorite projects. Develop a habit of letting people know how much you love doing what you do well. People get impressed by folks who love their work and want to help.
6. Count and record the opportunities that suit you
Small ideas and opportunities have a way of getting bigger. Research shows that things we watch and measure get bigger and more plentiful. Develop a habit of attending to what suits you. People will notice that you record ideas and opportunities. They’ll start listening and looking to find more. Soon you’ll have a network of people who are offering you ideas they’ve collected for you.
7. Decide
When an opportunity is set before you, don’t hesitate. Take the opportunity and use it to grow the skills that got you that far. You know which opportunities fit your interests and skills and which don’t. Develop a habit of taking on new opportunities as a way of growing. Be clear that you’ll always be noticing and learning and people will feel secure in offering you opportunities that grow with you.
So if you want to be the lucky someone, you can make great opportunities happen. Develop the seven habits that will get you seeing opportunities and other people seeing you. Once you start, you might be surprised who starts pitching in to help you.
Liz Strauss
Speaker, Social Media Strategist, Influence & Chan, SOBCon / Inside-Out Thinking
Everyone hears about that person who is “in the right place at the right time.” Maybe you know someone who seems to be that person all of the time. We have those friends who walk right into the perfect job and achieve the right promotions as if they have a crystal pointing them in the right direction. They get awarded the best projects and their presentations get praise and standing ovations from the special guests who showed up to hear them. How do they do that?
It’s not fate or a great gene pool. It’s not an accident. It’s not even a lucky star. People who enjoy consistent success know what it takes to make great opportunities happen. Change a few habits and people might be wondering how you get so many opportunities, too.
It’s true. You don’t need luck if you can make things happen; you need strategy. Simply stated, strategy is a realistic plan to move forward by taking advantage of the opportunities that suit your unique abilities. It’s a matter of having control. It takes time and some attention, but buying a lottery ticket takes that and money, too.
Want to make good things happen for you? Here are seven habits that make great opportunities happen.
1. Pay attention
Value curiosity and collect information. Make a habit of interacting with your environment. Notice things that happen around you. People who notice things know more than people who don’t.
Sign up to receive the latest business insights
Join
By providing your e-mail address, you agree to receive the business insights newsletter from American Express. For more information about how we protect your privacy, please read our Privacy Statement.
Notice the kind of preparation and responses people value.
Notice how you can make processes and meetings work better.
Notice what makes people’s lives easier, faster and more meaningful.
Notice ways that you can add value without taking something away from those around you.
Develop a habit of paying attention. You’ll grow as a person and you’ll become a natural resource to the people who work with you. It will become natural for them to think of you when new opportunities happen.
2. Think of your work as important
No matter how dull, uninteresting, or seemingly useless the project, assume a higher purpose is driving it. Bring your best talents and most dedicated attitude to it. What you think changes how you feel and what you do. People will respond to the importance you place on the work that you’re executing. Develop a habit of honoring your work. People will place more value on the work you do and start to look for opportunities where they might use your higher-level abilities.
3. Be aware of the potential of your impact
The way you look, the smile you give, the way you answer on your cellphone—each causes a response in someone you might never be told. Everything you do has an impact. When you make decisions, think them through to understand how they will affect other people. Develop a habit of considering how your actions affect the people around you. People will see that you make work easier, rather than making more work for them.
4. Imagine opportunities everywhere you look
Lucky people know that opportunity is always present. Look for ideas and trends that match your interests and your skill set. Bend and twist those ideas to make them uniquely yours. Develop a habit of looking at everything to see how you might improve it—how you’ll make it more fun, faster, cooler, friendlier, easier, quieter, more musical, lighter, more romantic, more exciting, more inviting, more anything. Choose the opportunities that benefit other people and they will support your offer to take advantage of an opportunity.
5. Make yourself a magnet for jobs you do well
Be generous offering your help and counsel. When people help you, suggest your best skills as a way you might return the favors. Be on alert for the tiniest ways to match your best work with what the people around you might be doing. Talk about your favorite projects. Develop a habit of letting people know how much you love doing what you do well. People get impressed by folks who love their work and want to help.
6. Count and record the opportunities that suit you
Small ideas and opportunities have a way of getting bigger. Research shows that things we watch and measure get bigger and more plentiful. Develop a habit of attending to what suits you. People will notice that you record ideas and opportunities. They’ll start listening and looking to find more. Soon you’ll have a network of people who are offering you ideas they’ve collected for you.
7. Decide
When an opportunity is set before you, don’t hesitate. Take the opportunity and use it to grow the skills that got you that far. You know which opportunities fit your interests and skills and which don’t. Develop a habit of taking on new opportunities as a way of growing. Be clear that you’ll always be noticing and learning and people will feel secure in offering you opportunities that grow with you.
So if you want to be the lucky someone, you can make great opportunities happen. Develop the seven habits that will get you seeing opportunities and other people seeing you. Once you start, you might be surprised who starts pitching in to help you.
Liz Strauss
Speaker, Social Media Strategist, Influence & Chan, SOBCon / Inside-Out Thinking
https://www.americanexpress.com/en-us/business/trends-and-insights/articles/7-habits-that-make-great-opportunities-happen/
Sunday, 7 June 2020
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Sunday, 10 May 2020
The Importance of Personal Development
The world is changing at an ever-increasing pace and many find it difficult to keep up. It is thus important to 'grow with the times' to live a happier and more fulfilling life.
It all starts with self-awareness, to get to know who you really are. Through the process you will get to understand your true purpose in life if you are not living it already. This grows one's levels of confidence, motivation and more...
Stay tuned for some more tips and tools to Master your Growth to a more fulfilling life!
It all starts with self-awareness, to get to know who you really are. Through the process you will get to understand your true purpose in life if you are not living it already. This grows one's levels of confidence, motivation and more...
Stay tuned for some more tips and tools to Master your Growth to a more fulfilling life!
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