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. …
Winston Churchill famously said: “He who fails to plan is planning to fail.” From my experience working with businesses, even the best laid out plans fail. In this video, I discuss four reasons that explain how and why businesses plans fail to deliver results and what you can do to change that. Reason #1: Unrealistic, …
Running a small business does not mean you face small problems. On the contrary, problems can oftentimes disrupt a business and cause it to fail. In this video, I will discuss the three biggest problems that small business owners face, and how you can solve them. Finding and keeping the right customers I believe any …
How being committed to lifelong learning makes you a better business leader Today, we live in a world where many things change more quickly than it did a decade or so ago. Many products and services we use today didn’t even exist a decade ago, like the iPad, Uber, Instagram, DropBox, or Airbnb. At the …
How lifelong learning makes your business better Read More »
Great Business Series // Lego on innovating the right way When your business reaches its maturity, a natural point in the lifecycle of a business, you need to start innovating; otherwise, your business will likely suffer a decline. In this video, I will explore how you can determine if a business has reached maturity and …
Knowing what customers want is one crucial aspect in maintaining and growing your business. How can you provide what your customers want and need if you don’t know what they are? In this day and age, when every business competes for a share in the market, success depends on how much you know your customers. …
Improving a business begins with assessing your current situation. It means revisiting your business plan to see whether goals and milestones are being met. But what if, despite your best efforts, things aren’t getting better? What if your profits aren’t growing at the rate you want or need to be growing? In this video, I …
Successful entrepreneurs share many things in common, some of which include skill sets business owners need that allows them to profitably manage and grow their business. I have worked with businesses across a range of industries, and what I have noticed is that the most successful business owners have mastered a range of skills and …
3 major skill sets business owners need to master Read More »
In this video, I will share with you four basic traits that every business owner should have to succeed in business. We will look at some of the most successful entrepreneurs of our time as they share their thoughts on why they think these traits are important for their businesses. Please note that this is …
{The following is a summarised transcription of the video} In my experience working with businesses, I realize that there is one asset that many business owners fail to take into account and manage properly is their own time. Unfortunately, time is a business owner’s most important asset—and it is also an asset that cannot …
Managing your business’s most important Asset – Your time Read More »
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