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One of the vital ingredients in running a successful business is a consistent inflow of new customers and profit potential projects. Business can only survive and become self-sufficient with enough customers and clients willing to pay for value and services that the enterprise creates and, most importantly, at a profit. When you are just starting…
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Cash flow stability & predictability remains top management’s priority Over the 20+ years or so in managing and advising businesses on various business issues and challenges; one of the most recurring discussion topics is cash flow & cash forecasting. Its importance is understandable as cash flow management represents one of the vital functions in any…
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The primary purpose of this article is to emphasise two things. The first is to make you the “entrepreneur in the making”, aware of the learning curve you need to get into, and to make your business thrive in a rapidly changing environment. The second is to point out that your learning span could be…
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Business financing mistakes can be hazardous to not only your business growth but your very business survival. In our overview, you will learn all about the seven critical business financing mistakes you should avoid if you’re serious about growing a profitable business. Avoiding the top 8 business financing mistakes is a crucial component of business…
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Focusing on priorities, as ongoing research proves, becomes the major problem of modern business. Attractive options, promising opportunities and “too-good-to-be-true” stories are everywhere. Often, they may derail a business’s purpose and its course of action. Seldom, they are necessities. In today’s ‘ Consumerist society”, people buy, do, consume, make decisions, enjoy certain things for so…
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The most important question you need to ask yourself “Most people have no idea of the giant capacity we can immediately command when we focus all of our resources on mastering a single area of our lives” Tony Robbins Today, we live in the world of uncertainty and constant interruptions. What is important often gets…
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Today’s Only Constant – CHANGE… In the tumultuous seas of the business world, there is one unyielding force that stands tall, defying the tides of time: change. It crashes upon our shores with both the might of a tempest and the gentleness of a breeze. As the heartbeat of progress and innovation, change is not…
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What do thriving businesses that achieve sustained growth and extraordinary results do differently from those that don’t? As an accountant, business coach, and consultant, I speak to hundreds of business owners each year, some of them weekly. I talk, listen, observe, discuss, and debate on various topics, and I often validate theories in practice while…
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How real entrepreneurs tackle business problems and unsatisfactory results When the going gets tough the tough gets going. In spite of all the efforts, sometime things don’t go as planned. We fail short for many reasons. Sometimes even beyond our control. The truth is, and if you do not believe me, please search for it…
Read articleThe true hypocrite is the one who ceases to perceive his deception, the one who lies with sincerity. Andre Gide Lying implies misrepresentation of the truth, which is the reason for so much emphasis on the value of honesty in every area of your life and business. The first lesson you’ll ever get from your…
Read articleGetting Better In Business With The Little Help From Your Business Coach Every small business undergoes a series of transformation in the process of growing its market, building its position, establishing the brand and capturing the interests of quality prospects in their chosen market. In this moment of flux, you need guidance or some expert…
Read articleNine-tenths of tactics are certain, and taught in books: but the irrational tenth is like the kingfisher flashing across the pool, and that is the test of generals. T. E. Lawrence In life and business, nothing happens until somebody does something. Your intentions no matter how good they are as well as your skills and…
Read articleValue is the most potent differentiation – Be unique by providing more value Being unique is desirable, but highly unlikely. I have to admit that “being different” doesn’t necessarily mean doing something that is radically opposed, unique, or in some other way entirely different, and yet has the potential to succeed. One size doesn’t fit…
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What chance do you have, if you are just starting a business on your own, of taking on the already established and well positioned businesses that are better organised and structured, with more resources and options, better people (currently, you have no one working for you) and where they are already working toward a defined…
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At a certain point, you have to suck it up and cope. Charlie Munger Which do you prefer: smooth-water sailing or the amazing adventure of life? What is your life about? The World is impatient. No matter what you decide, the World will go on. Things will change, opportunities will arise, and somebody brave and…
Read articleThe challenge is: How to unleash your best and do great things despite difficulties? Love challenges; don’t let them discourage you. Before the best in you is unleashed and your contribution to the world appreciated, you have to earn self-respect. We are our own most formidable competitors. We look outside for role models, meaning and…
Read articleTeam Building or Team Breaking? How to Build a Truly Remarkable Team Listen up, entrepreneur. Let’s cut through the noise about “team building” that fills every boardroom from here to Timbuktu. While executives are busy planning trust falls and bragging about their leadership prowess, most are missing what actually matters. The Problem with Team Building…
Read article“We monitor a set of Key Performance Indicators and use these to help make decisions. “ The language of business is numbers. Business owners must have a firm grasp of their numbers, they must be able to read, interpret and explain financial statements, and they must know how the various statements relate to each other.…
Read articleLife lessons get repeated for a reason We get reminded from time to time that, the devil’s in the details. Small things often get overlooked. We don’t pay attention because we were not aware or them, we chose not to, or we did not emphasise them enough on our hierarchy of wants. They get labelled…
Read articleQuality is overrated… Quality is simply overrated. Quality is insufficient to win in business nowadays. Today more than ever before being the best in something doesn’t reflect on your bottom lines. Examples are everywhere if you are willing to search for them. Being the best means nothing if weaknesses in communication (marketing, structure, sales and…
Read articleWithout proper clarity, your GOALS become fuzzy, you lack the proper direction and focus, and your tasks will typically take much longer. Your GOALS end the mystery within your mind and in the minds of your team as a whole. No more wandering around. We are all on the same page. And you are on the same winning page because both; the desired outcome you are inevitably striving for, and most importantly, the END outlook are clearer and defined. Without clearly communicated goals, you have to explain more often than not, repeat and enforce, and sometimes even lose voice. Everything changes when aim is known. Business focus is safeguarded with well-crafted strategies which is the true key to the success that you really want to reach within and throughout your business.
Read articleWhere Your Personal SWOT Analysis Counts A personal SWOT analysis further identifies the same things within yourself, giving you a broader range of opportunities that are found within the business as you inevitably hold the reigns. The personal SWOT is as important to your business as the business SWOT analysis, offering a great picture of…
Read articleSWOT analysis as the current reality examiner in your business Today we get to talk about the SWOT analysis, which really becomes the current reality examiner for you and your business. This is the ultimate moment of truth – determining just who, what, where, when, and why your business goes forward. In this lesson, I…
Read articleVision must be in writing Creating your first vision statement isn’t difficult in terms of writing it per se. It is, however, mental exercise that requires your full attention. It is important, as your mission acts as invisible hand, guiding and leading at the same time while providing purpose for everyone in your team to…
Read articleWhy big vision matters In this post or a lesson, we talk about YOUR BIG VISION, as well as YOUR MISSION. We will discuss your business, the personal expressions about what matters most to you in the current situation and in regards to desired future you are creating. We will also discuss entrepreneurial mindset, and…
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Identifying your core values goes beyond the business into yourself as well, as you are the main control of all that goes on within the business – so naturally, those values you hold dear to yourself are quite essential to the business as well. Because of values You hold Important; at the beginning of your…
Read articleThis post is continuation about my latest thinking on Start-up Business Building where we are going to explain VALUES on personal and organizational levels as well as their importance and relation to your various goals, objectives, and overall – your VISION. So, let us begin with what is believed to be the most critical point…
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Business Growth Fundamentals – The Top 10 Priorities For Growing Successful Businesses Statistics don’t lie. Numbers don’t stack in your favour when commencing a business venture alone. Numerous researches prove my point, where 80 % of businesses fail within 5 years from inception. It is a harsh reality for some who ignore basic principles and…
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The term Strategic Planning is itself a self-explanatory one and it is in use ever since man learned to hunt and live. Or, we may say strategic planning is all about setting a direction, which helps an individual or a group, achieve a specific or a number of targets. It is all about selecting the…
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Better thinking brings superior results, and in today’s ever-competitive world, results are everything. We are measured and valued by the results we produce, the solutions we create and the problems that we solve. The more we offer, the better, are rewards. The more we create, the larger our paycheque. As everything around us is constantly…
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Thinking for Results – How To Timely Place Focus on The Right Things One of the most desirable qualities of entrepreneurs is to dream big sometimes, way ahead of their time. The importance of this lays in our ability to come up with new ideas, to create something that never existed before, to come up…
Read articleWhere Your Entrepreneurial Business Focus Should Be When You Are Starting The Business In early stages of growth, two things determine everything that business may become; founder’s passion and the business focus on results, mission and vision. So, where do you get the passion that is necessary for the early stages of your business development?…
Read articleAttempting To Be Jack of all trades I know you’ll say when you begin in business, you don’t pick and choose clients. You simply accept everything that comes your way. No picking and choosing, no delays. You jump as soon as they blink. You try to impress, delight, deliver and often go way beyond expectancies.…
Read articleLack of Financial Education Not knowing your key financial indicators and not raising your hand for quality financial advice is by far the most painful mistake someone in business could make. Why is it so? Let me explain; when money is involved and you lose your savings, your retirement or funds for your kid’s education,…
Read articleHiring Poor Performers and Keeping Them Longer Than What Is Reasonably Expected If you are running a business and employ people, your success rate will be, in most cases, determined by the quality of people you bring on board. If employees, current and future, buy into your vision, support you unreservedly, complement your skills and…
Read articleThe main purpose of this series of articles is to emphasise 2 things. First, to make you, the “entrepreneur in the making”, aware of the learning curve you need to get into, to make your business thrive in a rapidly changing environment. Second, to point out that your learning span could be significantly shortened if…
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Business growth coach will suggest that you make plans to pay yourself first and plan to reward yourself for every meaningful contribution and every positive achievement that you are proud off. “I pay myself first, and don’t make undue personal sacrifices of time or money for the sake of the business. “ Maybe the statement…
Read articleTake action to improve your business and you will achieve what you set out to do. If something doesn’t work as planned and desired review, align and adjust. Most importantly reflect and take action to resolve today. There are no secrets in achieving the level of success you truly want. There are no hidden formulas,…
Read articleBusiness growth coach will most certainly suggest and advise that before anyone commence business venture it would be beneficial and wise to formulate business expectations. Your business coach may call it performance and expectancy agreement (PEA) between you and your business. I know you’ll say there is no such thing as PEA and why on…
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After careful consideration and thinking around what makes a person successful, I came to the realization that there are 6 essential ingredients that must be present to succeed in anything we want. Here they are, outlined, summarized and emphasized for your benefits. You can take my observation and run with it, or you can simply…
Read articleVilfredo Pareto, Italian economist, contributed greatly to both marketing and business thinking and left us with some important postulates to consider in everything we do. His theory and research, provided powerful insights for us to take further in exploring our ways to higher leverage, better outcomes, solutions, results…He originally analysed distribution of national wealth in…
Read articleYou may be one of those business owners who believes "nobody can do it as well as I can." You may be right, you may be wrong. Everyone's circumstances are different, but the key to business success does not lie in you doing everything you can possibly do. In fact, "you doing everything" stands smack dab in the way of business success. It only communicates deeper issue which is a lack of trust and accountability in your business. And as you may be very well aware, once it is gone, missing, shattered, in any area of life, trust is so hard to regain.
Read articleWhy delegation matters in business and why you need to learn to delegate? Simply put, you can’t do it all. You don’t want to do it all. It will be a complete disservice if you do, so don’t even try. Effective delegation provides superior business development because now, your business grows independently from you, your skills and…
Read articleThe purpose of this article is to point out what are some of the most common traits for loosing competitive edge over competitors and by doing so greatly reducing business success likelihoods. My intention is not to provide you with complex terminology but rather simple to understand behaviour characteristics that if let alone and inappropriately…
Read articleThe exceptional corporate culture is built on excellent communication and shared values. Let’s face it: Every employer has problems at specific points of the supreme position making an employee or more sway to their tune. This stems from organisational hierarchy and the corporate/business culture itself. Nothing gives an employer a darker nightmare than his employee(s)…
Read article“I delegate authority & allow others the freedom to determine how to reach co-created desired results. “ One of the critical success factors in building great companies and businesses is the ability of leaders (both in the hierarchy and without titles, formal and informal) to delegate effectively. In my opinion, great companies are built on…
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Managing ourselves in time – the most precious resource that the majority neglects “I make good use of time. I use a calendar, and I schedule a personal time and planning time for myself.” Question: What do you have in common with Donald Trump? Answer: You both get 24 hours per day. You may or…
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We all want more sales. The question is at what cost? Companies want sales. One way to do that is by repeatedly nagging people and stating how great their product will prove for them. This makes people apprehensive about the product, so sales is bound to suffer. On the other hand, if people could…
Read articleThe battle between Pro- and Anti-: The emphasis is on Risk Being averse to risks is definitely a trait for conservative minds but at times, even the most permissive psyche gives into it, confusing people all the more regarding whether risk-taking is another form of heresy. What they don’t understand is there’s a difference between…
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Heartfelt Entrepreneurship: Unraveling the Emotional and Profound Realm of Business Ownership and Impactful Contributions If it were easy, everybody would be doing it. I went into business because I’m passionate about my industry, about being an entrepreneur and about enhancing, improving and adding value to someone’s business and life through my meaningful and just-in-time contributions…
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Clarity: The Cornerstone of Effective Business Action and Strategy Daydreaming of a brighter future is intoxicating, but translating those visions into reality demands concrete plans, strategies, and action. These elements, meticulously intertwined, pave the path to remarkable business performance. However, navigating this journey—reaching the proverbial pot of gold at the rainbow’s end—takes more than just…
Read articleLeadership is about know what & why Half of business management is leadership; a complex issue encompassing important, competing and strategic elements of business operations. That twists the age-old saying of leaders being born; leaders, in the modern business world, are created. Or to be more precise co-created. Be absolutely sure about this. Experts, on…
Read articleAccountability – Commitment Comes Inside-Out Is it great, innovative products or smart and competitive business and/or marketing strategies? A father of modern management, Peter Drucker, once said that business has only two distinctive functions – Marketing and Innovation. While the importance of these two cannot be overruled, a company or an organization is nothing if it…
Read article“Our dependency makes slaves out of us, especially if this dependency is a dependency of our self-esteem. If you need encouragement, praise, pats on the back from everybody, then you make everybody your judge.” How do you stay positive when everything seems to work against you? How do you stay committed when obstacles and problems…
Read articleLeadership is about the Vision Contrary to what most people believe, leadership is not about exercising power over subordinates. It is all about making others better off and adding value. Taking advantage over people, pressurize them using fear or emphasizing position and authority over empathy and sincerity seldom pays off. Great Leadership is about encouraging others to contribute more, become better…
Read articleWhat is Leadership anyway? What makes someone a good leader? Is this our natural ability or somewhere we picked certain qualities, secret ingredients not known by many. What made us Trusted, valuable, preferred choice in the eyes of our followers, friends, employees, our families? What is learnable and where we have to build on our…
Read article“If you are failing to take the opportunity to get into business planning, and by doing so proactively shape and design your life, business and future – someone else will take that opportunity away from you. Then, it will be irrelevant what your intentions were. In doing so, you are planning to fail!” Having a…
Read articleIt is really simple with innovation, as explained by Woody Allen: “If you’re not failing every now and again, it’s a sign you’re not doing anything very innovative.” Woody Allen Innovation spirit and ability is a competitive resource that will propel your business success faster than any other strategy available. The absence of it and…
Read articleLeaders are open-minded, they are willing to improvise and excessively leverage on successes achieved by others. Leaders are calculated challenge seekers. They know that it could be lonely at the top. Their willingness to do whatever it takes to get there is not possible without constantly reinventing themselves. Their mind is curious and open to…
Read articleLeaders plan around their “big rocks”, around their highest priorities in life and business and they never forget them. They are masters of leveraging and delegation! Good leaders are organised visionary minds who can transform desires, plans and visions into substantial and quantifiable results. When someone is at the top of the ladder, distractions of…
Read articleLeaders are committed lifelong learners and explorers. They require same qualities from others Leaders believe in self-improvement and education. They know that the speed at which they travel depends on qualities they develop in themselves and others. They improve on a daily basis in areas that matter the most to their goals, objectives and vision.…
Read articleIs Time Management For Business Owners and Organizations Really An Oxymoron Of Modern Era? Time management is an oxymoron in this modern era. Because of its non-renewable nature, time cannot be managed; it is always free to use and therefore available to all of us 24/7. Many people think and act as if they have…
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Leading from Within: The Essence of True Leadership “A leader leads from within, empowers, provides purpose and inspires.” This simple statement encapsulates the core of effective leadership. It’s not about titles or authority, but about igniting a fire within others, empowering them to achieve extraordinary things. True leadership is an inside-out process, driven by authenticity,…
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The Blueprint for Business Financial Success Every business, whether just starting out or well-established, requires a robust plan to ensure its viability and success. But a business plan isn’t enough. A keen understanding of financial management will expose weaknesses, highlight strengths, and ensure strict adherence to that plan. When we review past performance to project…
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“Only as high as I reach can I grow, only as far as I seek can I go, only as deep as I look can I see, only as much as I dream can I be.” – Karen Ravn All the great inventions of humanity, all that exist today that people created and made possible…
Read articleBeyond the Spark: Building a Sustainable Business with Solid Planning Each year, millions of people worldwide try to materialise their business visions. They commence their own entrepreneurial journeys and projects, hoping that their ideas, intentions, and skills will be sufficient for success. Some high expectations, financial resources, and relationships get shattered due to poor prior…
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Feel free to contact me, and I will be more than happy to answer all of your questions.