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HABITS OF SUCCESSFUL BUSINESS LEADER
November 24th at 7:14pm
There’s more than one way to run a business and become a successful entrepreneur. Yet many of the most seasoned business leaders share similar habits in their approach to life and work. 5 Habits Successful Business Leaders Use Every Day Determine your peak intelligence time. Aspiring leaders need to identify the time of the day when they are most productive. Create a routine around your peak intelligence time. Remove triggers for distraction. Replace minor rewards with value-adds. Answer email, Slack and texts less frequently BONUS TIP: If you want to be productive, start by taking care of yourself. Receive at least seven hours of sleep to ensure that you’ll wake up refreshed…
STRATEGIES FOR YOUR SALES TEAM
March 10th at 10:54pm
A sales strategy is an approach to selling that allows an organization’s sales force to position the company and its product(s) to target customers in a meaningful, differentiated way. Most strategies involve a detailed plan of best practices and processes set out by management. There are two primary types of sales strategies: inbound and outbound. In outbound sales — the legacy system of most sales teams — companies base their sales strategy on seller actions. They rely on manually-entered data to monitor the sales pipeline and coach their salespeople, and they run sales and marketing independently, creating a disjointed experience for buyers. Top Sales Management Strategies for Sales Teams One-on-One Coaching. Encourage…
HOW TO CREATE A BREAK ROOM FOR YOUR EMPLOYEES
January 20th at 4:58pm
No matter the type of business, every enterprise functions better with a great breakroom. 86 percent of employees believe breaks make them more productive59 percent indicated that regular breaks increase work satisfaction43 percent said breaks improve personal happiness Here are five office break room ideas to boost productivity among your employees. Focus on Convenience and Community. Your office break room ideas should start with ways to create a comfortable space. Foster Relaxation. Bring in Pops of Color. Add a Few Fun Touches. Don’t Forget Food and Beverages. Bonus idea: A big-screen serves multiple functions: a meeting display for work and a sports-airing TV during…
HOW TO TAKE BETTER PHOTOS FOR YOUR BUSINESS
December 2nd at 11:42pm
Imagery and words work together to build your brand identity, which is made up of several strategic elements that relate back to what you do, why you do it, and how you do it differently from others. In other words, your brand is more than just a pretty logo. Every piece of content you create—both visual and written—serves its own unique purpose. Use these 10 guidelines to help alleviate your photo anxiety, and get more from the photos you take. Invest in a Good Camera—And Learn to Use It. Tell Stories with Your Photos. Avoid Staged Shots. Make the Most of Natural Lighting. Remember the…
HOW TO DELEGATE
November 4th at 11:22pm
One of the most difficult transitions for leaders to make is the shift from doing to leading. As a new manager you can get away with holding on to work. Peers and bosses may even admire your willingness to keep “rolling up your sleeves” to execute tactical assignments. But as your responsibilities become more complex, the difference between an effective leader and a super-sized individual contributor with a leader’s title is painfully evident. This is why is very important to learn how to delegate your business responsibilities. To delegate is to assign responsibility and authority to someone else in order to…
HOW TO PREPARE TO REFINANCE YOUR BUSINESS DEBT
August 19th at 9:20pm
Obtaining new funding, at better cost and terms, to pay off your existing funding is small business funding refinance. By refinancing your business funding, you may be able to reduce the cost of working capital of your funding, change the length of your repayment, or consolidate your small business debt. Some of the reasons that people refinance business funding include: Reduce monthly paymentsReduce total APRReduce total cost of capitalAllow for additional borrowingMake payments more convenient (e.g., paid monthly instead of weekly or daily) To prepare for business funding refinance, you should: Create a Clear Goal for Refinancing Review Your Existing…
DIFFERENCES OF LLC VS CORPORATION
August 12th at 9:11pm
The main difference between an LLC and a corporation is that an llc is owned by one or more individuals, and a corporation is owned by its shareholders. No matter which entity you choose, both entities offer big benefits to your business. Incorporating a business allows you to establish credibility and professionalism. A Limited Liability Company, or LLC, is not a corporation, although it offers many of the same advantages. An LLC is best described as a combination of a corporation and a partnership. LLCs offer the limited liability of a corporation, while allowing more flexibility in managing the business…
HOW TO OVERCOME ADVERSITY IN BUSINESS
August 5th at 9:05pm
Starting and running a business can be extremely challenging. Most entrepreneurs and managers find new obstacles to remove and towering barriers to scale every day of the week. We often encounter disruptive situations in our personal and professional lives such as a divorce, the death of a loved one, illness, the loss of a favorite customer, the departure of a valued employee, a shortage of funds, or even a lawsuit. The best entrepreneurs tackle these one at a time without losing their stride or their passion and many secretly get their highest satisfaction from overcoming an impossible problem. Here are…