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 …
Are you one of the many business owners who wonder why growing your business seems very difficult? You ask yourself—why won’t my business grow? Why am I having a hard time in trying to expand my operations? In this video, I discuss one factor that significantly impacts how much and how fast your business grows—and …
Your business can only grow as big as you can manage Read More »
Why do people leave organizations they work for? Is it because of the pay? The perks—or lack of? Is it because of the culture? Or could it even be because of the business owners themselves? In this 3 part series, I will explore with you the common factors that cause high employee turnover, the strategies …
Why Employees Leave (Part 3 of 3): How to deal with a heavy work load Read More »
In this video, I’d like to bring you through a series of questions to help you determine whether you should social media as part of your marketing efforts in your business strategy. The question of using social media for small businesses has shifted from whether a small business should be on social media to how …
In this video, I discuss one criteria on how to spot a business opportunity, two examples of how people took advantage of such opportunity and lessons we can learn from it. I would define a business opportunity to exist when an opportunity is identified to meet a need in life with the possibility of making …
How to find business opportunities in your market Read More »
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. …
Have you ever wondered why some businesses grow exponentially, and why some businesses fail to grow at all? Based on my experiencing working with businesses, I find that there are three general reasons that impede the growth of a business. Reason #1: The mindset of a business owner. There is a difference between an entrepreneurial …
3 Things That Can Impede the Growth of Your Business Read More »
In 2014, Nest Labs, a company that produces smart learning thermostat systems, was bought by Google. Nest Labs’ competitor was Vivint, which produces similar systems. When Google was bought by Nest, it became apparent to Vivint that it would not only be competing with Nest, but also with Google. This posed a problem for Vivint. …
What to do when your business depends on that one thing Read More »
When your business is ready to grow, it’s important to identify just how you can make it happen. There are, many ways to develop your business, but one of the most common approaches is to diversify – to offer something fresh to your customer base, or target an entirely new demographic. Should You Diversify? …
The Challenges and Rewards of Diversifying Your Business Read More »
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