While reality shows seem to feature fantasy over reality, I find it very interesting when motivated and hardworking entrepreneurs become the subject of a long-running reality show like Shark Tank. Running for 10 years already, the Shark Tank in the United States has produced many successful ventures that turns over millions of dollars annually. In …
Small business lessons from the winners on Shark Tank Read More »
In this video, I offer a simple 3-step guideline on what small business owners should keep in mind when planning to train and develop their team—and to get them to work for you so that you can grow your business. For a business to grow, we need to work with the resources that we have …
How to train your employees: a simple guide for small businesses Read More »
What can the judges of Shark Tank teach small business owners? It turns out, a lot. In this two-part video, I share some of their best pointers, explore the wisdom behind their advice and offer tips on how we can apply their advice to our daily lives. Shark Tank is a reality TV show that …
What Shark Tank Judges Can Teach Business Owners: Part 1 of 2 Read More »
As a business owner, do you know when to seek help? In this video, I will explore what kind of professional services that many entrepreneurs, particularly the widely successful ones, believe to be essential for their own businesses. In the very early stages of any business, a small business owner would likely try to do …
When does your business benefit from seeking professional advice? Read More »
In this video, I will tell you the story of how a screw almost screwed with Apple’s business and what we can learn from this. Apple vs. the Screw Several years ago, Apple tried to manufacture its top-of-the-line computer Mac Pro, in the United States. Unfortunately for the company, they found out that a very …
How do we effectively motivate employees? Studies have shown that there are different sources of motivation—internal motivation and external motivation. In this video, I explore how business owners can improve productivity through what research says are effective motivating factors. And these studies have been unanimous that only one of these two types of motivation can …
The common belief is that employees are motivated when they are rewarded for their good behaviour. However, this may do more harm than good. In this video, I explore how reward systems and policies can be discouraging the behaviour you want from your team. Can rewards motivate behavior? In a recent study on organisational behavior, …
How an employee reward system can curtail productivity Read More »
Is running your own business starting to wear you down? Do you feel more exhausted and more fatigued lately? In this video, I discuss one of the biggest challenges that business owners face today—entrepreneurial exhaustion and how you can overcome that. Why is entrepreneurial exhaustion bad for business? Investopedia.com lists entrepreneurial fatigue as one of …
In this video, I discuss the myth that when businesses grow faster than usual, employees tend to get overworked, which leads them to either leave the company or to experience productivity declines. Today, I will bust that myth and discuss plausible explanations of why this happens and how your business can prevent these from happening. …
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