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 …
A growing number of business owners and experts believe that gratitude is fast becoming a powerful business strategy. In this video, I explore why using gratitude as a business strategy might be worthwhile for you. What is gratitude? Gratitude defined is “the quality of being thankful; readiness to show appreciation for and to return kindness.” …
For most startups, the name of the game is disruption. Winning means changing the rules, bucking the trend, and coming up with a novel product that the market has not seen or heard of before. Disruptions seem scary for small business owners. Questions like, how will it affect my business? Will it put me out …
How do these team-building activities improve collaboration in the workplace? Are they really as effective as they purport to be? In this video, I explore why team-building activities may not necessarily improve collaboration in teams or within the workplace—and what you can do instead. Team-building activities can be fun: scavenger hunts, obstacle courses, cooking or …
Growth is a good thing—until it is not. In this video, I discuss why growth for the sake of growth may be a bad idea for your company—and what you can focus on instead. What is good—and what is wrong—about growth? One of the more common growth strategies include product lines extension and business diversification. …
How growth in your business can make you worse off Read More »
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 …
What does it mean to be innovative? And how can small businesses become innovative? In this video, I discuss what it means to have an innovation mindset and provide examples of how businesses—even small businesses—can be innovative. In recent years, many experts have lauded the importance of having an innovation mindset in organisations. And evidence …
Why being open to innovation is good for your business Read More »
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