Are you looking to get your debt under control? Here are 4 ways to do so: Step 1: No More Debts It sounds basic, but the first step is to stop using credit. This can be credit cards, lines of credit, or any other type of debt. Now, the debt will stop increasing, except for […]
Self-Development
You’re Not Delegating Properly
Although delegating is a buzz word, don’t make these mistakes when doing so. Simplify Your Processes Review your workflow and processes to simplify them. If you are the only one capable of performing a simple, routine task because you overcomplicated the process, then simplify it. Start with writing down each step, make sure each step […]
Help Your Employees Succeed
Do you want your employees to be successful in their position? Here are several ways to do so. Proper Training Employees need to be properly and thoroughly trained in their position. This can be done via one-on-one training, training courses and written instructions. Depending upon the task and the position, all three ways can be […]
Tips for Start-Ups
The stats on business failures are depressing, and here are some tips to ensure your success. Experience with the Industry If you have worked in the industry for many years, especially as a manager, then you have a solid background of experience to help you run your own business. This is especially true if you […]
Turn Your Business into a Subscription
Why would you want to turn your business into a subscription? Not all businesses can do this, but here’s why and how to get started. Subscription Defined A subscription-based business model is one where a customer or client pays a fee periodically for a service or a product. For example, Netflix charges a monthly fee […]
Why You Should Know Vilfredo Pareto
According to Wikipedia, Vilfredo Pareto was born during 1848 and was an Italian polymath. I know it sounds boring, but his observations are so important to business, finances, and virtually all aspects of life. Let me explain . . . Background Pareto had an interest in sociology, civil engineering, economics, political science and philosophy. One […]
4 Business Risks You Need to be Aware Of
Business is about taking risks to earn a profit. However, there are some risks that can creep up on you slowly or swiftly that can either destroy or greatly damage your business. Health Issues: As we get older, health issues become a larger risk. Common and sudden issues can include heart attacks and strokes. The […]
Increase & Conserve Your Mental Energy in 5 Ways
What exactly is mental energy? A good definition can be found at PubMed.gov and can be described as “ . . . the ability or willingness to engage in cognitive work.” Why is this important what can you do to manage your mental energy? Importance of Mental Energy Using your mental energy wisely can help […]
Run Your Business Smoothly During the Holidays
Is that a contradiction, especially if you are a retailer? Aside from retailers and the hecticness from all the holiday shopping, the holidays can go somewhat smoothly for your business. Here are a few ideas for non-retailers and those businesses that are not absolutely crazy during the Holidays: Schedule time off: Some businesses close during […]
5 Black Friday Mistakes I Made in the Past
Today is Black Friday and there are sales on virtually everything. It can be both a fun and stressful experience, and there are some mistakes I made in the past: Allowing myself to be convinced to wake up at 5:30 AM or was it 4:30 AM?. Waking up early does not bring out my “best” […]