There`s nothing that compares to the feeling of satisfaction, fulfillment and accomplishment when reaching a big goal. It`s like being a kid all over again and just learning to tie your shoe and ride your bike. The sense of pride and wonder fills you. A whole new world has opened up and ... Views: 1064
Entrepreneurs have to make a big commitment to their business. On the path to success, many will become stuck along the way. This is normal; however, having the right expectations while being open to learning will help curb anxiety during the usual ups and downs of doing business. Things will ... Views: 782
Frequently budding business owners fall in love with their own ideas. Just understand, if you do, it could prove fatal. It’s recommended that you remain open and flexible while exploring all of the possibilities. Success of any business depends on proper planning and on a well thought out ... Views: 801
Quite frequently aspiring entrepreneurs dream of starting a new business, but they don’t know what kind of business to start. They think that they must come up with a novel idea – something that no one else has ever thought of or seen.
However, new businesses don’t have to be started on a ... Views: 1379
Even today, there is a general notion that`s prevalent in many parts of the world. Women are still thought to be the homemakers rather than doing anything with commerce or in any industry. Fortunately this picture is gradually fading away. As trends are changing and more women are in key ... Views: 885
Every one of us manages something in our day-to-day life. Whether it`s managing our finances, calendar or career, we have acquired the skills and tools to handle everything in the best way possible. Managing these tasks or activities is actually quite simple and straightforward. However, when ... Views: 977
Entrepreneurs will benefit greatly if they take the time to understand and master two important factors in order to achieve ultimate success – the external and the internal. The external refers to the marketplace, the environment, and other factors that exist outside of the entrepreneur and the ... Views: 934
Running a business is the art of managing people in a way to collectively achieve productivity and accomplish certain goals. One of the most important of those goals is making a
profit. A company that isn’t making profits will not survive for long. There are many challenges every business ... Views: 975
Recently I wrote an article entitled “Have The Habits of Highly Effective Leaders Changed?” in which I set forth the 6 new habits of highly effective leaders as described in the book The Elastic Enterprise.
The 6th new habit is called de-risking and it’s where the new leader responds to the ... Views: 1356
It’s Tuesday morning at 7:00 a.m. as the Business Network International (BNI) meeting is called to order. As I looked around the room, I could see that some of the people were still yawning and appeared to be half awake. Others look like they had been up for hours and were excited to take part ... Views: 1080
Is there something about the term ‘personal development’ that just hits you wrong and you don’t know why? Does thinking about doing some personal development get you anxious and feeling like there’s something wrong with you?
Whenever an email comes in from one personal development guru or ... Views: 1102
Life is about making choices and sometimes these choices appear to be difficult. This isn’t the mundane “should I wear the red dress or the yellow one?” These are the choices that actually call each individual to stand for something and sometimes it appears that the reward for bending a rule ... Views: 890
There's one way a business is going to make money and that's by selling their products/services/goods. The successful entrepreneur focuses at least 80% of their time on marketing. It's imperative to know as quickly as possible if there is a market that's ready, willing and able to purchase ... Views: 1172
I believe entrepreneurial skills, attitudes and behaviours can be learned. It’s a mindset and all mindsets are learned. The sooner we start exposing people to entrepreneurship education, creating an inclusive educational foundation that supports an individual’s lifelong learning path, starting ... Views: 1110
Have you ever asked yourself “Is business ownership right for me?” A large number of people when asked will say that they would like to own a business. However, when digging deeper, these same people aren’t really clear on what involved in owning a business. Here are 7 questions you should ... Views: 966
Integrity is a hallmark of a great leader and Kyle Smitley epitomizes integrity. This young female entrepreneur has integrity at the core of her business and it’s actually what prompted her to start Barley & Birch. The origins go back to her summer internship in Washington, D.C. when she was ... Views: 752
Recently I read an article on Under30CEO.com entitled “Top 15 Young Female Entrepreneurs and Their Rising Companies” and was so inspired by these women. Each one of these young entrepreneurs is between the age of 15 and 29 running multi-million dollar businesses. They’ve all demonstrated ... Views: 739
Quite frequently women tell me they would like to start a new business, but they don’t know what kind of business to start. New businesses don’t have to be started on a completely new idea; it could be simply bringing something to your area that isn’t available right now or improving upon a ... Views: 885
Although there are some businesses that were started with pocket change, most new businesses require money when starting up. The majority will need to buy equipment, establish a workplace and incur marketing costs – all before a sale is even made. As soon as the business starts trading, then ... Views: 834
All too frequently when people think about starting a business, it’s one that they have no experience in working or running. Whether it’s an old dream or just a frivolous whim, it’s become quite common to see someone starting up a restaurant, bed & breakfast, and many other types of businesses ... Views: 2317
Common Mistakes New Business Owners Make
By Susan Bagyura
Starting a business can be quite risky and of course success is not guaranteed. The majority of new businesses are most vulnerable during the first 3 years with statistics citinga failure rate of 85% worldwide. Even though that might ... Views: 853
Network and networking are wonder words; seemingly having the capacity to solve almost any problem, whether they are personal or professional, if the practice is properly nurtured and maintained. Networking plays a vital role in the success of any business. No matter neither how great your ... Views: 904
Times have changed, but women even today are still encountering long-standing prejudices and taboos as they work their way up the corporate ladder or start their own business. There are a handful of women in business who have reached the top and have proved that nothing is impossible. The ... Views: 975
As I was thinking about and feeling into the outcomes of some new goals that I am moving towards, I was reminded of what Leonard Nimoy read at the end of Star Trek II and saw the parallels.
I’ve found that when it comes to dreaming of a new future, budding entrepreneurial women wanting to ... Views: 797
What would be the outcome if you, as a leader in your organization, focus and encourage your employees to try harder; to get better at their position by being open to developing new skills rather than trying to be good by not making mistakes? Encourage people to stretch and go beyond their ... Views: 766
A key skill for female entrepreneurs starting and growing a business today is coaching the best out of your people. Rather than telling them what to do; allow them to determine the best course of action through your coaching. As you are inspiring, encouraging, empowering and motivating others to ... Views: 824
Definition trans•for•ma•tion [trans-fer-mey-shuh n]: In a running a business context, a process of profound and radical change that orients a running a business in a new direction and takes it to an entirely different level of effectiveness. Unlike ‘turnaround’ (which implies incremental ... Views: 743