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29th April 2020
6 Time Management Tricks For A Productive Workday There is something peculiar with time – there never seems to be enough of it. As a result, quite a lot of people spend their days racing against time. They are always looking for the best ways to squeeze everything in– their families, jobs, chores, friends, and sleep among other things – into the 24-hour phenomenon called a day. Interestingly, the most successful people still seem to have a hold of their time. They seem to get more done in a day than most of us can get done in a week. The biggest question is how do the people who have so much to do manage to get so much done in one day? What are their secrets to productivity that we can emulate? Aways Start Off Your Day With Your Biggest Task It is very important to have a morning […]
23rd April 2020
Partnerships: Six Things You Need To Know Before You Say “I Do”. So you want to go into business with someone. Good for you. Maybe your potential partner is a family member, long-time friend, investor, or business associate. Whatever the relationship, the start of a partnership is much like the beginning of a romantic relationship. The parties are euphoric and it may seem as though nothing could go amiss. But before you walk down the aisle and say “I do” there are critical things upon which you must agree. Just as every personal relationship has its ups and downs, so do business partnerships. So before you tie the knot so to speak, you need to enter into what is known as a partnership agreement to protect yourself and your business. Below are some of the common elements which you should include in a partnership agreement, which by the way, must be […]
15th April 2020
Getting a personal introduction to a strategic investor or business partner means everything to an entrepreneur. Likewise, executives depend on being able to pick up the phone to get insights into a new market or find the world’s greatest marketing guy. Business life has always been about connections. Business leaders spend decades building and cultivating those relationships. They cherish their networks because they know it’s their most valuable asset. And they’re not about to do anything stupid to jeopardize them. Unfortunately, you may be doing just that. If your networking strategy is simply to grow it, then you’re likely doing more harm than good. Contrary to popular wisdom, bigger networks are not necessarily better networks. There are pitfalls I see too many of you fall into, these days. Here are four ways to building and maintaining a network made up of strong, quality relationships that will last forever. Segment Your […]
1st April 2020
Finding a good source of inventory is crucial, especially for certain types of businesses (corporate retail and manufacturing). Beyond inventory, line up good reliable suppliers and services provided so you don’t have to sweat the details. Remember your business is only as reliable as your weakest link. if you have any, identify them immediately and rather use another reputable supplier. Don’t overpromise and under deliver. make sure that your suppliers are trustworthy because this is the key to your business will be with and the service/products your company will be offering your clients. Suppliers are essential to almost every business. Without raw materials to make what you sell or manufacturers to provide what you resell, you will have a tough time growing. There are also many supplies and services your business consumes as part of general overhead, from paper clips to Internet access. Suppliers and vendors-the the terms are used […]
19th March 2020
It’s easy to picture the journey to entrepreneurship as a solitary adventure. The late-night brainstorming sessions, the planning, the research—I don’t know about you, but in my mind, that’s one lone figure doing it all. But eventually, all successful businesses will have to start taking on employees, and that’s when the fun really begins. Before you get there, however, you have to actually complete the interviewing, hiring, and onboarding process. For new entrepreneurs, this can be daunting. How do you go from being a solo venture to one where you’re forced to find and rely on others to help you grow and run your business? To answer this question, I turned to the members and asked for their advice. Their responses ranged from practical tips on hiring to what to look for in a first employee. Before you grab that stack of resumes, check out the tips. 1. Hire Someone That […]