Tag: business

7 Strategies New Entrepreneurs Lack That Cause Failure…

If planning is important, execution is everything

Done! Then Came The Hard Part…

Years ago I decided to publish my research on Success Strategies. This after interviewing heads of organizations in healthcare, media, aviation, politics, education, and such industries. I was thrilled! Hurrah I had published my first non-fiction book that was professionally edited and peer-reviewed!

Then came the hard part. I was now an author, but how could I let others know that I had written something they may benefit from? Something that if the right person receives, it would help them to succeed in business and new career ventures. Not to mention that it would drive them to take the leap and make that change in their goals, aspirations and ability to manage themselves and others?

That set me on a path... to learn what I don’t know. It’s a quest that I am still on. Tons of hard work but I’m loving it! Fast forward several years later I have published other books on success and career change, personal development and motivation.

So if you find yourself thrust into the unknown and being faced with a situation that you must confront or be left behind, take the time to assess these 7 things new entrepreneurs lack that causes them to fail to succeed.

The 7 Lacks Of New Entrepreneurship

1.Lack of Vision. Do you understand how your dreams fit into the big picture?

2. Lack of Planning. Do you know where you want to go and how to get there?

3. Lack Execution. If planning is important, execution is everything.

4. Lack of Funds. No revenue.

5. Lack of Marketing. How will others know that you exist?

6. Lack of good people. Hiring the bad. The cheap. The uncommitted.

7. Lack of Resilience. Giving up too early.

Are you a New Entrepreneur? Did any of the above resonate? Any that you think should be a part of this list? Do share. We would love to hear.

Cheers!

 

Managers Be Human – 4 Ways…

Are you a manager or leader of some sort? Harvard Business Review article shared 4 points to help managers be seen as more human. Here I share:

  • Be Personal
  • Be Self-Aware
  • Be Selfless
  • Be Compassionate

In my research on what makes leaders successful, self-awareness was one of the traits that stood out. But being of service to others depends on your own self-development.

Again, are you a manager, or leader of some sort? Take a moment and look at your leadership style. Do people working with you, whether at work or otherwise find you approachable? Easy to get along with? If not, you have some work to do. Enroll now. To be successful as a leader, your people should not fear you. So do what you have to do to improve.

Need help? Lets Connect.

Cheers!

7 Biggest Recruitment Mistakes Business Owners Make And How To Avoid Them

Financial drain. Legal Risks. Frustrating people problems. Not cool at all. Totally not cool. Mark owns a small Crisp insurance agency where he hires various professionals to manage his clients needs. Because of the market demands his business has been growing faster than anticipated over the past 3 years. His desire to meet the demand has caused him to hire anyone he interviews. Faced with problems in different areas, he does not understand the Hidden reasons some of his workers have quit, not met their job requirements, while others are disgruntled because they have had to do the job of the team members who have slackened, or quit.

Sounds familiar? Sure! It happens so very often and leads to wasted resources. As a professional with a track record of solid business management, I have looked at some of the BIGGEST Recruitment Risks Companies Make That Expose Them To Damaging Financial Drain, Frustrating People Problems, and Serious Legal Risks. I have listed the top 7.

The 7 BIGGEST Recruitment Mistakes Business Owners Make

1. Panic (warm body hiring)

2. Don’t Know Their Why | Business strategy  misalignment

3. Wrong Source of supply

4. One-size-fits-all Interview Specs

5. Compensation Woes

6. The Next Step Disconnect

7. Revolving Cycle That Leads to Financial Drain

If you are a business owner or self-managed leader and these 7 Mistakes resonate, then do something about it. Connect with me to get the full details on these 7 Mistakes, and learn the Polished strategies to avoid them. Can’t wait to connect!

Cheers!

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Stepping Out Into The New: Advice for New Entrepreneurs…

feel the fear but do it anyway! Damon Johns, Business Executive of Shark Tank asked the question: “if you had a piece of advice for someone just starting out, what would it be?” People all over boldly shared…


Derrick has been frustrated in his job as manager of operations. He has been at it for years but his job has lost its zeal. He could apply for the Branch Manager’s position but he wasn’t sure he had what it takes to manage the responsibilities. Besides, he has been thinking about following his passion for design and wants to launch out into his own business. But the sense of Qualm he feels has put him in a state of inertia. He has been afraid that he might fail.

Many are the dreams of people like Derrick. The fear is real but like I’ve always said…feel the fear but do it anyway!  Damon Johns, Business Executive of Shark Tank asked the question: “if you had a piece of advice for someone just starting out, what would it be?” People all over boldly shared their views. Because Collaboration is key, I’ve compiled a list extracted from their direct responses. Choose one, two or a few, and apply as you like.

Advice for New Entrepreneurs

  • Cashflow is king. Make sure you’ve got cash in the bank to ensure you’re covered for not pulling a wage in the early days
  • Work on yourself to know what you’re doing very well. Be persistent and consistent.
  • Document every step of your journey, no matter how trivial you think it may be. The data you think is not important today, may prove to be invaluable tomorrow.
  • Money talks.
  • All progress not saved will be lost.
  • Always find reasons and new motivations to keep going at it.
  • If you hang around 9 people that are ‘broke’, chances are…you’re going to be number 10.
  • Its rough… I mean really rough. Stick to it and take the bumps in stride.
  • Do something you love so you never work a day in your life.
  • Doing what you love and are great at-is the easy part. Mind the business with equal effort or you’re doomed. Marketing, networking etc. and don’t ever forget … never play it safe. Take risks, and go after it.
  • Work hard. Focus and be unreasonable. This is what creates discipline and growth.
  • Don’t get so busy that you forget to say your prayers.
  • Value yourself, believe in you when no one else will. Right before you quit, try one more time with a different plan of action. Always be true to yourself and others. Make time for fun, not all work.
  • It’s not going to be easy but know that with paitence and persistence it will happen. Be around the people going in the same direction that you want to go.
  • Never give up. Fight for your dreams.
  • Just be yourself. Don’t try to do what everyone else is doing just because everyone esle is doing it. The business model that works for others might not work for you. Being an entrpreneur is your chance to do it just the way you want to!
  • To work at it every waking hour.
  • Say the phrase…finish it.
  • Believe in yourself and take risks.
  • Best advice I learned from running my company is it’s ok to be a bitch sometimes. Clients and customers will treat you with respect sometimes. Other times they run all over you taking advantage of your kindness. Balance is key. Ya gotta know when to put your foot down and look people in the eye with “that look” and speak your true mind instead of putting on the “professional front” through their bullshit.
  • Stay laser focused on the goal even if your strategy isn’t perfect yet. Make progress daily.
  • Keep going.
  • To start.
  • Find someone that has something you want. Do what they do and you will get what they got.
  • Start …like the end doesn’t matter.
  • A winner never quits, and a quitter never wins.

So that’s the list. Different opinions but great diversity. Are there a few that resonates with you? Anything missing that you could add? Take a look again and if you’re still busy dreaming…start doing today!

Cheers!

Need help? Let’s connect!

Follow me on instagram for daily motivation.

Copy That!

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It’s almost the end of the year! Just two more months to go! Already the Holiday commercials are out in full swing! Not to mention Hallmark Christmas movies that share the longings, celebration, and joys of the season. Jolly that!

For me I love the beautiful Christmas lights! The cool weather! And the smiles that captivate even the Grinch at this time of the year. Sigh….

Goals: Where Are You Now?

But…as we stride into smiles of long shopping lists for business associates, colleagues, friends, and family, let’s pause and remember something very important…our Goals. What were the goals set for this year? Have you achieved them? Are you close to completing? Take a moment and reflect.

A Goal is something that you are trying to do or achieve

No matter where you are on your journey…pause and reflect. Don’t be hard on yourself if you are not as close as you would like….or haven’t started (yikes)! Play catch-up. Remember, a goal is something that you are trying to do or achieve.

In the next 2 months, update your goal to see what you can get done before the year is out. Call it short term, but make it count. Do not wait until next year…that’s a fallacy. To procrastinate is to give excuses. Don’t be a Copycat like others…set a short term goal and get it done now. You won’t regret it.

Be Bold

Be bold. Share your thoughts on where you are on your journey. One of the key steps in reaching your goal is to write it down. Sharing it makes it an open commitment that will help you on your journey, and by the way it’s not too early to start your plans for 2017.

So be bold! Share here since we’re all in the same boat.

Cheers!

Success: 8 Habits That Transform 

Guilty as charged. Yup! I hardly rest when I’m tired. Too much to do, so often I reach for caffeine in its various forms (coffee, tea, and more). Stimulants help because I must go on. I can’t stop.

But this is certainly not good. After years of being a workaholic, I am undergoing Transformation. I have decided (or my body) that things must be put in the right perspective. For that reason I share these 8 Habits with those who share the same work sentiments that I do.

8 Habits

  1. Focus on the important
  2. Rest when you’re tired
  3. Remove things that limit productivity
  4. Channel your inner muse
  5. Don’t make yourself too accessible
  6. Make the best of every minute
  7. Set timelines… so things get done
  8. Outsource, delegate, automate

Working smarter is better and that’s the reason I like points 1, 2, 7, and 8. Basically I like all but these are the main ones. Which points work for you?

Practice these habits and you’re on your way to success …however you define it.

Cheers!

Paid Leave! Paid Overtime! Life’s Good!

FAMILY LEAVE

The United States lags behind over 70 countries now offering Paternity leave (Peck & Covert, 2014). It may take some time to catch up. But the Society for Human Resource Management (SHRM) revealed that major Silicon Valley companies and others have already voluntarily started the trek granting leave benefits to both women and men. Way to go Silicon Valley. Life’s Good! Others will follow.

paternity leave

 

OVERTIME: From $455 to $970 A Week…

OT

Imagine a wage hike from $455 to $970, a week! Workers would be thrilled! The Society for Human Resource Management (SHRM), discussed the proposed changes to federal regulations that would increase the number of workers eligible for overtime pay. David Mark explained that under the current federal rules employees earning up to $455 weekly or $23,660 per annum, would qualify for overtime pay. However, if changes are made this would more than double to $970 weekly, or $50,440 per annum. No doubt a dramatic boost in take home pay for over 5 million people.  This would certainly be a nightmare for employers who knowingly or unknowingly misclassify some workers, but definitely a dream come through for employees. Fleeting? Maybe. Stay tuned for more on this issue.

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