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. …
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 …
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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 …
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