When you start a business, build it and employ people, you become leader of your team. Some business owners may not like the idea that their team would actually look to them for guidance over a myriad of business issues. But if a little effort is taken to improve your leadership skills, you can …
Most of the companies tend to see that the team is the most valuable assets and all other physical assets are secondary. Is that really the company’s most valuable asset? An asset is defined as ‘Anything tangible or intangible which is capable of being owned or controlled to produce value and is perceived to have …
Hiring people to expand your team is something that you will need to look for consistently as your business grows in revenues and turnover. However, if you are to hire the wrong person into your team, the cost of doing that can quickly escalate. Tony Hsieh, the CEO of the online company Zappos which …
Rapidly Growing Business – How to hire the right people in your team Read More »
Hello there! My name is Raymond Huan, and if you think that by increasing the sales of your business it will solve all of your problems? You’ve got to think again. In this video, I will share with you the dangers of doing that and how you can overcome that. If you think increasing the sales …
Think that increasing your sales will solve all your problems? Think again. Read More »
Hello! My name is Raymond Huan and in this video, I’d like to share with you the dangers of not understanding your business from a financial viewpoint, its consequences and what you can do to overcome it. I have encountered businesses owners who have some semblance of knowing how to read a financial statement of …
Rapid Business Growth- Not understanding Financial Statements Read More »
Cultures around the world generally respect their elders as they have the wealth of information with them in their lives. If we were to learn from their experiences, we become wiser than we are now. We can do the same in the area of businesses as well, we can learn from other businesses. There are …
It’s not what you know, but how you apply it that counts Read More »
In managing a business, mistakes can and do happen, but if you do go about making decisions the right way you will maximise the possibility chances of you making the right decision, given your business and given your resources. We all know that making mistakes is part of growing business just like in life. The more mistakes we make …
In my last blog (How a little distraction can go a long way – Part 1), I mentioned on how a little distraction can come in the way of success. I would like to share with you how to prevent distractions from getting in the way of success. 1. Identify your goals and what you …
How a little distraction can go a long way – Part 2 Read More »
Distractions are hard to avoid as we work on our business and many of them essentially warrant our immediate attention (aka Fire Fighting). However, these distractions can also divert our attention from the most important task of taking a look at the bigger picture of building the actual business. One good case of distractions getting …
How a little distraction can go a long way – Part 1 Read More »
As business owners and managers of teams, we sometimes stereotype the behaviour of people from certain cultures when it comes down to working with them. At times, managing a culturally diverse team can be demanding. But can the business benefit from it? Managing a business team with members coming from different cultural backgrounds has its …
The Challenges and Rewards of Diversifying Your Team Read More »
What is gratitude? Why do we need to express it? Business Owners understand that they need to keep their team motivated and productive. Research shows that business owners and teams benefit from expressing gratitude often. According to Forbes ,expressing gratitude has scientifically proven benefits to you : * Gratitude creates more opportunities to establish connections. …
You may have come across the term ‘the paradox of failure’. It’s the idea that failure can actually produce success – but how does that actually work, in real terms? In this article, we’ll explore how failure can occasionally be a great thing for you to succeed in business. Feelings of Failure All of us have …
How the Failures of Others Can Help You to Succeed in Business Read More »
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