Tips to succeed in business
Be a Salesperson
. Never underestimate how important it is to be able to sell. Its at the top of the list on purpose. Even if you never have to sell to clients unlikely , you will have to sell your ideas to investors, sell your company vision to prospective employees, and sell consumers or customers on your brand. Selling is absolutely critical to your success, so if you have an aversion to it, youd better get over that fast.
. No business is successful on day one. Almost no businesses are successful after year one. If you think entrepreneurship is the ticket to instant riches, you need a reality check. Not only will you have to work hard for a long term goal, you will probably have to work hard in the face of what seems like certain failure at times.
. Discipline isnt just about working hard, but you do have to do that. Discipline is also about managing your entrepreneurial tendencies. Many natural born entrepreneurs are blessed with a mind that is an idea generating machine. The good news is that some of those ideas are gold mines. The bad news is that if you continually pursue new ideas, old ideas never get developed to fruition. And Ive watched one multimillionaire in particular run his business into bankruptcy because every week he was working on something new.
. Just leaving the rat race is a huge risk in an of itself. No wonder so few people do it. And if you have a spouse or significant other, realize that they are risking with you whether they like it or not. Everyone has a need for some level of certainty, so if you cant find it in your business, plan on finding it elsewhere maybe for several years at a time.
. Note that this is not called Making Friends important, yes, but not the same thing. Building rapport means building respect, a reputation, and hopefully key alliances along the way. Donald Trump doesnt seem to be the kind of guy youd call your BFF. But he does have the ability to get people to listen and trust him. You will need to build relationships as an entrepreneur, no business is an island.
Be a Leader
. While you may be a natural born follower, as a business owner, you will have to be able to lead. That means trusting an inner compass to guide you when there are no outside indications as to what step to take next. It means having people rely on you. And it even means forgoing the road less traveled for bushwhacking your own path.
. Nobody thinks that running a business is easy. But generally people underestimate just how hard it can be. There can be times as a business owner that for months on end you will be in a state of stress, worry, anxiety, and discomfort. Being an entrepreneur means being able to live and function in this state for extended periods of time, and being able to find a way to shut it off so that it doesnt consume your personal life as well as your career.
. To be an entrepreneur you need to be inspired. You will likely have to inspire others such as employees and your first customers who will have to believe in you with no track record. But most of all you will continue to have to inspire yourself, because sometimes your vision is the only thing that can lead you out of one phase of your business and into the next.
. Related to discipline is focus the ability to tune out noise that can distract you from your goal. That noise could be people who doubt you, busywork, doing too much social networking, or perhaps worst of all, the noise inside of your own head of self doubt, fear, or unrealistic expectations of yourself. Personally, Ive only heard about these things, I cant say I know this from experience.
. I am extremely number challenged. Im the biggest of big picture thinkers. So there are times when I am working on a project that I think is going terribly only to finally force myself to build a spreadsheet or break out the analytics and find that Im actually doing better than I had thought. Unfortunately, the opposite is also true, when I think that Im kicking ass only to find that the actual return on investment of time, dollars, etc. isnt where I thought it would be. Truth be told, this is one of the number one reasons people go out of business they dont pay enough attention to the cold, hard numbers.
. Related to being able to understand the numbers is the ability to look at the numbers in a variety of ways. Sometimes what looks like a dip in traffic/sales/whatever might also be a roadmap to a previously undiscovered opportunity. There are benefits to being a stats a holic, which can often times be a key source of consumer insights that larger companies pay hundreds of thousands of dollars for.
Ask for Help
. Quite honestly, I dont know one entrepreneur that embraces asking for help. We seem to have a natural aversion to it, in fact. It doesnt make it any less important
. Every entrepreneur has strengths and weaknesses. A good entrepreneur plays to his or her strengths. A great entrepreneur plays to their strengths and builds a business that can compensate for their weaknesses. That means knowing what you arent good at, admitting it, and structuring your workflow so that you dont get in your own way.
Balance Ego with Humility
. You have to have high self confidence to make it in business. Id go so far to say that a little bit of a big ego can actually be an asset it helps to get people talking about you and can help to increase your visibility. But there is a very fine line between a healthy ego and being an egotistical maniac. But bring too much humility to the game, and it comes off as self doubt. Walking the line between the two will never please everyone, either
. Most of all, to get out of the rat race, you need persistence. You need to fall on your face and get back up. You need to make big mistakes and learn from them. Sometimes you even need to fail it may be the only way to succeed. To quote some of my wonderful peers, Your recovery strategy is whats important; avoiding mistakes is not.
. To be successful in business you need to be organized. Organization will help you complete tasks and stay on top of things to be done. A good way to do this is to create a to do list each day as you complete each item, check it off your list. This will ensure that you re not forgetting anything and you re completing all the tasks that are essential to the survival of your business.
Keep Detailed Records
. All successful businesses keep detailed records. By keeping detailed records, you ll know where the business stands financially and what potential challenges you could be facing. Just knowing this gives you time to create strategies to overcome the obstacles that can prevent you from being successful and growing your business.
Analyze Your Competition
. Competition breeds the best results. To be successful, you can t be afraid to study and learn from your competitors. After all, they may be doing something right that you can implement in your business to make more money.
Understand the Risks and Rewards
. The key to being successful is taking calculated risks to help your business grow. A good question to ask is What s the downside? If you can answer this question, then you know what the worst case scenario is. This knowledge will allow you to take the kinds of calculated risks that can generate tremendous rewards for your business.
. Always be looking for ways to improve your business and to make it stand out from the competition. Recognize that you don t know everything and be open to new ideas and new approaches to your business.
. The old saying that Rome was not built in a day applies here. Just because you open a business doesn t mean that you re going to immediately start making money. It takes time to let people know who you are, so stay focused on achieving your short term goals and give the rest time to come together on its own.
Prepare to Make Sacrifices
. The lead up to starting a business is hard work, but after you open your doors, your work has just begun. In many cases, you have to put in more time than you would if you were working for someone else. In turn, you have to make sacrifices, such as spending less time with family and friends in order to be successful.
Provide Great Service
. There are many successful businesses that forget that providing great customer service is important. If you provide better service for your customers, they ll be more inclined to come to you the next time they need something instead of going to your competition.
. Consistency is key component to making money in business. You have to consistently keep doing the things necessary to be successful day in and day out. This will create long term positive habits that will help you make money over the long term.
Find your niche
. This should be something you are knowledgeable about and have an interest in.
Maintain self discipline
. When you own a business, you get freedom. Quite often this freedom paves way to complacency. Your business will only survive if you buckle down and work at it. You have no one to answer to but yourself.
. No tree gives fruit overnight. For the fruit to appear, the tree has to undergo several phases. Similar is the success in any business venture. You need to be patient to reap the fruits of your toil. You need to keep your effort through the lean phase. You need to be steady and focused.
. A brilliant idea alone will not ensure success in business. You need to learn to adapt your idea to the present day needs. Your idea should reach maximum customers with ease. In the initial years, customers will not come to you. You need to take your product or service to the customer.
Get people to cooperate
. Always keep in mind that other people don t care what you want they want to know what s in it for them. By approaching negotiations with an attitude that allows both parties to win, you ll be more effective at eliciting cooperation and ultimately getting what you want.
Be proactive about your career growth
. Approach your performance review strategically by soliciting feedback on your progress, identifying new goals and growth opportunities and hammering out a long term promotion plan. When asking your boss for a raise, be prepared with a list of contributions that have positively impacted the bottom line.
Establish profitable relationships
. Business networking is a valuable tool to gain information, increase your visibility in your field and make connections that will help you move forward in your career. Seek out new contacts and potential mentors whom you like and admire and whose interests you share. On the home front, don t expect your boss to figure out what you re all about. Determine her priorities, find out what she wants from you, and brainstorm ways to surpass her expectations.
Learn the business
. If you work for a sizable organization, and perhaps if you dont, chances are your business has considerable complexity. Take time to learn not just your particular role thats table stakes you have to know it , but also to gain a broader understanding of the business: the competitive environment, the market forces at play, the companys value proposition, sales model, pricing model, etc. No ones expecting you to become expert in all these fields, but gaining at least a working understanding of the key macro level issues is always helpful. Familiarity with these larger issues senior management is grappling with will only enhance your decision making capabilities in your own role.
Make yourself indispensable
. Take time to really understand what your manager needs. Not just what is needed from you in your current role, but what are the troubling problems that keep him or her up at night? Is it help with PowerPoints, an upcoming presentation to a hostile audience, delicate personnel problems, or dealing with regulators
Provide solutions not problems
. The normal state of senior management is too much to do in too little time. When wrestling with difficult issues in your own area, naturally you cant always solve all the problems yourself. But it definitely can be worth the extra time to not simply make your problems your managers. Instead, present your manager with a carefully thought out range of viable options
Be a great collaborator
. Good team players are valued. Large complex projects always require people with diverse skills. Attitude matters; effective collaborators often find themselves in demand. Consider taking the time to volunteer for a large project that may be understaffed, even in an area outside your core expertise. This can be a way of broadening your skill set and business knowledge, plus demonstrating your motivation. Management appreciates self starters who
Come early stay late
. The best point I can offer here is a story of my own. While Im an advocate in theory for as much work life balance as possible, the fact is, if you want to get ahead, there will be periods in a career where there are no substitutes for grindingly long hours. There was a period in my own career where I was especially motivated by the prospect of advancement and all that went with it, and had great respect for the organization and the work we were doing. Accordingly, I resolved to myself that no one in the 20 person department I worked in including the SVP who managed the operation would come in earlier or work later than I would. Did I always achieve that? No. But did my diligence catch the attention of senior management and ultimately help my career? Yes. The assumption here of course is that youre not simply sitting around long hours playing video games or writing to your aunt
Have a written plan
. Without a plan, it is merely a dream. It doesn t have to be a book, but you need a few pages outlining specific objectives, strategies, financing, a sales and marketing plan, and a determination of the cash you need to get things done. Writing it all down is a crucial first step.
Don t marry your plan
. Every great military general in history has known that even the best laid plan sometimes has to be thrown in the fire when the bullets start flying. Adjust, confront and conquer.
Keep your ego
. Advisors are crucial because you need people to bounce ideas off, inspect what you re doing, and push you to greater accomplishments, holding you accountable for what you are committing to do. Always be good to your word and follow through on commitments, even when difficult and challenging. This isn t about you; it s about the business. Don t take things personally and stay out of emotion. Do not let your ego take control.
Keep track of everything
. Create written systems for everything, because you will reap benefits from them later on. This is how you train your employees and retain consistency. Know your numbers and check them daily and make all decisions based on what they tell you. One of the most important calculations is cash flow pro forma. Determine how much cash you need to do the business, and do not start without the required cash on hand.
Use the Internet
. It is incredibly powerful and very cost efficient, but it takes time and some skill. It is about creating a community, using social media networking such as Facebook, YouTube, Twitter and blogging to build rapport with your market. You need to get on the train and do it, because your competitors are.
Reinvent your business
. It is net profit, not gross revenue, that you want to focus on. Separate yourself from your history and create a new competitive advantage, be it a focused niche or super service, but not by discounting.
Above all, have fun. Being an entrepreneur is your choice, so make it work. It can be done. You can survive, emerge and succeed in this downsized economy, if you follow the right path.
Have passion for your business
. Work should be fun. Your passion will help you overcome difficult moments and persuade people to work for you and want to do business with you. Passion can t be taught. When it wanes, as it surely will in difficult times, take some quiet time. Whether it be an hour or a week, take inventory of all the reasons you started the business and why you like being your own boss. That should renew your passion.
Set an example of trustworthiness
. People have confidence in trustworthy individuals and want to work for them in a culture of integrity. The same is true for customers.
Be flexible except with core values
. It s a given that your plans and strategies will change as time goes on. This flexibility for rapid change is an inherent advantage of small over large business. However, no matter the pressure for immediate profits, do not compromise on core values.
Make timely decisions
. It s okay to use your intuition. Planning and thought are good. But procrastination leads to missed opportunity.
The major company asset is you
. Take care of yourself. Your health is more valuable than the most expensive machinery or computer software for the company. You don t have to choose between your family or your company, play or work. Maintain your health for balance and energy, which will, in turn, enhance your mental outlook.
Keep your ego under control
. Don t take profits and spend them on expensive toys to impress others. Build a war chest for unexpected needs or opportunities. This also means hearing out new ideas and suggestions no matter how crazy they sound.
. You need to believe in yourself, in your company, and that you will be successful. This confidence is contagious with your employees, customers, stakeholders, suppliers and everyone you deal with.
Maintain a strong work ethic
. Your employees will follow your lead. It will also help you beat your competition by outworking them, particularly when your product or service is very similar.
Rebound quickly from setbacks
. There surely will be plenty of ups and downs as you build the business. Learn from the setbacks and move on. You can t change the past.
How you treat people
. I believe in this. I don t think you really have to right to abuse people. Some people think that certain groups of people are okay to abuse. I am not speaking from a standpoint of race here either. These people think that it s okay to abuse the help i.e. countless waiters and waitresses, assistants, maids, children. They also think it s okay to abuse what they deem fat people or people they believe are ugly . They believe it s okay to treat telemarketers with disrespect when these are just people doing a job I m not talking about rude or abusive telemarketers either! . I believe that the golden rule is truth that still stands, because truth will always stand. Do unto others as you would have them do unto you, or your daughter or son, or spouse, etc. I urge you to read How to Win Friends and Influence People , by Dale Carnegie, over and over again. Study the lives of the charismatic. Success was written in their everyday dealings with people. Not on a superficial level but on a deeper connecting level.
Commitment to the journey
. Here is what I believe is the number one key to success for an entrepreneur. Are you committed? What I am trying to say is that in all of my observations, and from my own experience, I find that the journey is always the same. It s a long road of self examination and improvement, skill examination and education. It s making judgment calls about people, things and situations. You continually correct the course until you are headed in the right direction. To trust your gut, to keep the faith, to make it through tough times, takes practice. The question is can you stick it out? Do you quit because the money is low? Do you quit because you can t find the right people? When do you say it s over?
Benefits of Rambutan fruits
Rambutan is the native fruit
. Rambutan is the native fruit from Indonesia and Malaysia(wikipedia). The benefit of rambutan can be equated with other favorite fruits, like oranges and apples. Rambutan contains phosphorus, iron, protein, fat, vitamin C, carbohydrates, and so on. No
Top Most Powerful Armies In The World
. In the last few years, the country of Egypt has kind of fallen apart in the eyes of many in the West. But despite all of the changes in government and administration, the strongest military in the world has kept on going quite swimmingly. Many people
Help Save the Environment
Maintain your car
. If you do have a car, keep it in good repair by changing the oil and air filter on schedule, repairing fluid leaks promptly, keeping the tires properly inflated.
Stellar Photos Of Earth Taken From Space
. The Argentinean coastline of 4,500 km serves as an awesome touristic locale, since kilometres of lukewarm water mingles with an array of landscapes such as majestic cliffs, shoals, dunes, accompanied by numerous fishing, recreational, and sporting ac
Converted Homes Made From The Most Unlikely Spaces
. Not photo shopped This crazy house has become a bit of a tourist attraction in Portugal.
Horror Movies That Are So Scary
The Wicker Man
. The Wicker Man (Britain), 1973This cult mysteryhorror films explores themes like Celtic Paganism and will leave you very very uncomfortable. It was named the Best Horror Film awardin1978 and the burning of the wicker man scene features in the list of
How to Improve English
Forget the fear
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Samsung Galaxy S6 Edge
. This uniquely designed handset from Samsung has created quite a buzz in the market. Sporting a 5.1 super AMOLED quad HD display along with twin secondary side displays, it is powered by a Snapdragon (2.1GHz + 1.5GHz) octacore processor coupled with 3
Why Things Burn
. Burning or Oxidation: The heat of our bodies comes from the food we eat; the heat for cooking and for warming our houses comes from coal. The production of heat through the burning of coal, or oil, or gas, or wood, is called combustion. Combustion ca
Tips To Prepare a Government Job Interview
Practice in Front of a Mirror
. To get confidence for facing an interview, you can start talking with yourself in front of a mirror. This is an old age technique.
Benefits of Cauliflower
Cauliflower as a Goitrogenic Food
. Cauliflower is sometimes referred to as a goitrogenic food. Yet, contrary to popular belief, according to the latest studies, foods themselvescauliflower includedare not goitrogenic in the sense of causing goiter whenever they are consumed, or even w
Strangely Unique Schools
Zhongdong Cave School
. Guizhou is one of the poorest provinces in China. Water and food shortages due to massive desertification and drought have left the region often struggling to keep its people alive. Despite these shortcomings, the Miao people of southern Guizhou made
Guru Kabir ke Dohe
. The hallmark of Kabirs works consists of his two line couplets, known as the Kabir ke Dohe. The Dohas reflect the deep philosophical thinking of the poet saint.
. Fighters are allowed to bring water to the chess table.
Visa and Passport
Dual nationals travel information
. Provides travel information and tips to dual nationals. Includes information about what dual nationality is, how people become dual nationals and the implications of dual nationality when travelling overseas.
White Christmas Lighting Display
. If wrapping endless strings of lights around tree branches leaves you tangled up in knots, try something simpler. Wire trees that come with prestrung lights are ready to be planted indoors or out. Theyre available in several heights and colors, so yo
Rules to play Push Scooters
. There is no minimum age limit for the issuing of fines by the police.
Know World Carnival
Durga Puja India
. Durga Puja is celebrated during the last five days of Navaratri, which is usually in late September/early October. The start of the festival sees huge, elaborately crafted statutes of Goddess Durga installed in homes and beautifully decorated podiums
Current Voltage Resistance
. How Electricity may be Measured: We learned that the strength of a current increases when the electromotive force increases, and diminishes when the electromotive force diminishes. Later, in Section 288, we learned that the strength of the current de
Benefits of Rambutan fruits
Parts of the Rambutan fruit
. There are many types of the rambutan fruit found in different parts of the world, in Indonesia alone there are more than 5 breeds of this fruit being harvested, also, many others are available in other Asian countries as well as Australia. But each r
Facts About Bees You Probably Didnt Know
Bees and butterflies like drinking crocodile tears
. To their delight crocodiles often cry when eat
Teddy bear sponge painting
. Supply the children with teddy bear shaped sponges and paint. Have the child dip the sponge into the paint and press gently onto a piece of paper.
Rules to play Luge
. Artificial luge tracks have specially designed and constructed banked curves plus walled in straights. Most tracks are artificially refrigerated, but artificial tracks without artificial cooling also exist for example, in St. Moritz. Tracks tend to
Awesome Mental Health Resources
. Twelve-step programs not your thing? No problem. SMART recovery offers another alternative to AA and its offshoots. Modeled after research-based cognitive behavioral therapy strategies, SMART meetings do not require you to identify as an addict or al
. Aah yes, the samurai that doesnt die. He simply stands back for no-one. Past, present or future. He lives by the sword - his only true companion. I look forward to the day that he finally gets Aku.
Benefits of Mangoes
Strengthens your immune
. The deadly combination of vitamin C, vitamin A and 25 different kinds of carotenoids keep your immune system healthy. mango provides almost an entire day's worth of vitamin C. Unlike many other fruits, mangoes contribute several B vitamins and the mi
Rivers of India
. Ichamati River is a transboundary river which flows through India and Bangladesh and also forms the boundary between the two countries. The river is facing the problem of siltation leading to thin flow of water in the dry season and floods in the rai
. Cabinet lighting usually are fit underneath a cabinet or shelf and provide illumination for a particular task. Often placed in kitchen cabinets, they act as spotlights for cooking, they also provide accent brightness for living room shelves.
The Rules of Stretching
Stretch your legs fully
. Lay flat on your back and extend your leg out. Grab the back of your thigh. Pull your leg towards your face. Don't jerk your leg, it may cause an injury.
Most Useless Inventions Ever
. We will go out on a limb here and say this is one of the worst product ideas anyone has had.The Neckpro is meant to help ease neck problems by having users basically suspend themselves by a rope.And sorry we have to say it, the product has probably k
Ideal for Cooking
Sweet Kombucha Green Smoothie
. This easy smoothie recipe is full of spinach and contains just the right amount of sweetness.
Benefits of Dates
Improves Muscle Strength
. Another amazing aspect of eating dry dates is increased muscle strength. They have significant effects on our heart muscles and are known to make our heart stronger. Pregnant women should consume dry dates regularly as they can strengthen uterus musc
How to Clean Jewelry
Rinse generously in clean water
. Just like when you rinse after brushing your teeth, you should rinse your jewelry to remove any loosened dirt or grime
Benefits of Yams
. Although the concept of yam or potato juice may sound odd, it actually adds a creamy, smooth texture when juiced with other fruits and vegetables, giving the drink a pleasant texture similar to a milkshake. . Use yams where you would normally use pro
What to Eat in Bihar
. Raita is an Indian, Pakistani and Bangladeshi condiment made with yogurt (dahi) and can be used as either a sauce or dip, or a salad. The yogurt may be seasoned with coriander, cumin, mint, cayenne pepper, and other herbs and spices.
WhatsApp for Beginners
Step 8 Manage your chats
. ?Tap Chats in the navigation bar. Youll see a list of all of your WhatsApp conversations with individual users and groups. Tap on one to continue a conversation or to read an old one.
Forever Young Naturally Eating
What to Eat When Cardamom oatmeal
. This recipe is inspired by a breakfast served at a food stall in the healing field at the Glastonbury festival in England. Serves four. large mug organic jumbo oats 2 mugs organic semiskimmed milk generous handful unsulfured dried apricots 8 cardamom
Rules to play Trampolining
. Buy safety pads, or ensure that the model comes with safety pads that completely cover the springs, hooks and the frame. The pad should be a contrasting colour to the mat. Consider models that have safety netting as part of the design, or purchase a
. Natrum phosphoricumSodium phosphate.Key Uses:Digestive disorders characterized by excess acidity and sour dischargesFailure to thrive, in bottle-fed babiesOrigin : Chemically prepared.Background : These crystals were used in the 18th and 19th centur
Benefits of Apples
Neutralize irritable bowel syndrome
. Irritable bowel syndrome is characterized by constipation, diarrhea, and abdominal pain and bloating. To control these symptoms doctors recommend staying away from dairy and fatty foods while including a high intake of fibre in your diet.
Precautions while using WhatsApp
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Worlds Deadliest Martial Arts
. Indigenous to the southern Indian state of Kerala, Kalari Payat is commonly recognized as the oldest fighting system in existence and predecessor to some of the most popular martial arts in the world. Oral tradition claims that it was created by an i
Movies for Valentines Day
The Way We Were
. Director Sydney Pollack Starring Barbra Streisand, Robert Redford, Bradford Dillman and Lois Chiles. Plot The film tells the story of an intense Jewish woman who marries a carefree WASP following World War II. Fundamental differences in the way the
Forever Young Naturally Eating
Tonic Brews Drink a cup
. Researchers from Tokyo Medical University have established that drinking black tea after high-fat meals helps blood circulation. Other research suggests people who drink four or more cups a day halve their risk of heart attack and also reduce high bl
Animal Themed Nail Art Designs
Bumblebee nails 2
. This is the variation to bumblebee nails. You can paint your nails in yellow. Then draw a little bumblebee on your middle finger and draw its flying path using black dots across ring finger and pinky.
Rules to play Kayaking
. The goalie sits in the front of the goal and blocks shots with his or her paddle. It is an illegal goalie foul to: o Push or touch the opposing goalie. o Push another player (of either team) into the opposing goalie. Try to avoid touching your own go
Movie Plot Holes and Paradoxes
Octopussy Bond make up artist extraordinaire
. There s a ticking time bomb in Octopussy. Bond has just over five minutes to detonate it but needs to get into a circus big top to reach the people he needs to warn. So he does the obvious and dresses as a sad clown in order to infiltrate the place