Categories
Business motivation Leadership Building Motivational Powerful Personalities

7 Motivating Quotes By The Most Powerful Women That Will Boost Confidence of Female Entrepreneurs

Modern times have witnessed more and more women entrepreneurs taking up different types of businesses and succeeding like never before. Female entrepreneurs are rising beyond all levels and proving themselves worthy of everything with each passing day. There are times when people are let down, but the wisdom lies in not giving up, and not paying heed to what the world says! One should believe in oneself and the rest of the things will fall in place! However, at time we just need the positivity and the motivation to get us going.

The quotes from these great inspirational ladies below are truly words of wisdom. Inspirational quotes from successful people can help you reframe negative thoughts during tough times and change your attitude for better things in life

The wise and beautiful words from the most positive thinkers will get you in the right mindset to tackle the hurdles that you face. Inspirational quotes and motivational quotes that will inspire you to achieve your dreams. Read these quotes by these empowering women, launch your business, and becoming a girl boss.

Here are 7 motivating quotes from the most powerful women in history

  1.  “I don’t believe in failure. It’s not a failure if you enjoyed the process.” -Oprah Winfrey
  2. “If you push through that feeling of being scared, that feeling of taking risk, really amazing things can happen.”- Marissa Mayer
  3. “I invented my life by taking for granted that everything I did not like would have an opposite, which I would like.” -Coco Chanel
  4. “We need to accept that we won’t always make the right decisions, that we’ll screw up royally sometimes—understanding that failure is not the opposite of success, it’s part of success.” -Arianna Huffington
  5.  “If people are doubting how far you can go, go so far that you can’t hear them anymore.”- Michele Ruiz
  6.  “You never lose in business, either you win or you learn.” – Melinda Emerson
  7.  “If you are starting your own business, the best shortcut is to find a good mentor.”- Kim Kiyosaki

Throughout history, it has never been easy for women to prove their mettle. However, women have fought against all odds in the stereotype male-dominated society and made important contributions as businesswomen, entrepreneurs, actors, leaders among several other fields. Some of the most talented and successful women have believed in history and the world has seen what they are capable of. So never give up on dreams and keep hustling.

Categories
Motivational

8 Traits That Can Turn You Into a Successful Entrepreneur!

Eight Remarkable Entrepreneur Characteristics That Create Success 

Do you know how few business owners achieve the pinnacle of success? These entrepreneurs take risks, work hard and have complete faith in their ideas when no one else believes them or is by their side.

According to business management experts, successful leaders have certain characteristics that set them apart and are important to create a successful business.

Some successful people born with certain qualities like; intelligence, intuition, drive, and vision but in many cases, people imbibe and inculcate these characteristics of a successful entrepreneur to change their fortunes and be persistent with their dream.

These 8 characteristics of a successful entrepreneur separate them from the crowd:-

1. Passion

Entrepreneurs face so many ups and downs during their venture set-up. So it’s their undying passion that drives them all through.

  • There is no doubt that these people are passionate about their idea and product. Being passionate helps you to keep working on something without giving up.
  • Passion is important to start and drive the business. If you are not passionate about your work than this game is not for you. According to successful entrepreneurs, passion is one of their biggest assets. It gives you a boost and keeps you going when everything seems to be falling apart. Being passionate about your business makes you see a positive angle of everything.
  • For example; Dr. Vivek Bindra (Asia’s best motivational speaker and a business coach) is passionate to change the country by using his business knowledge and content. His passion drove him to think about the burning problem an Indian entrepreneur faces and he set up Bada Business to solve these challenges and critical business problems of the ‘Real Bharat’ entrepreneurs.

2. Risk-Taking

Successful business owners are not afraid of taking risks. It is probably one of the most daring characteristics of a successful entrepreneur when you think about it, but it can be the most rewarding as well. However, not every risk taker is successful, calculating and evaluating the risk is key here. Great business owners know that there is light at the end of the tunnel always.

3. Flexibility

Flexibility allows business owners to understand how to adapt their business to new market demands and needs. Sometimes, it is important to stick to your business plan but be flexible enough to adopt new changes to achieve the best results. Intelligent entrepreneurs can gauge the changing market conditions and preferences and hence are fast enough to change their product and optimize it too. For being flexible, you must welcome and be open to new ideas and suggestions from other people.

4. Self-Confidence

  • This characteristic of a successful entrepreneur does not let them doubt themselves. They are always positive and ready to take on the challenges. They know that if they don’t trust themselves then nobody else will.
  • However, many people confuse confidence with arrogance and don’t understand that sometimes arrogance leads to business failure too.

5. Management Skills

  • A successful entrepreneur knows how to delegate different roles without causing any confusion. They assign roles to the right individuals who are capable enough to handle it, and this helps the business to operate smoothly.
  • Management skills cannot be learned overnight. Patience, basic intelligence and a bit of experience of handling situations can teach you the art of team and task management.
  • You can join the Bada Business mobile app to learn all the basics of management skills and how to grow your business by imbibing some of the characteristics of a successful entrepreneur.

6. Networking Skills

A successful business owner never walks alone. They always choose to have the right connections. They generally focus on two key things while networking.

  • A successful entrepreneur always focuses on the people who can help them grow; business owners who have customers, vendors, clients or other stakeholders that add value to their business. Specific and targeted networking is productive and can help in the long run.
  • A successful entrepreneur always remembers to add value to other people. When you add value by helping them, they will find ways to help you in return. This procedure takes time and will surely payback.

7. Financial Management Skills

Successful business owners understand the importance of finance for their business. Most businesses fail because of poor cash flow management. However, it does not mean that every entrepreneur has to be an expert in financial management rather you just have to understand the basics of the finance in business and the resources that can help you with it. If you are thinking on how to learn the art of financial management, through our Everything about Entrepreneurship product you can learn every nuance of managing your business finances in a simple and easy to understand format.

8. Grit

A successful entrepreneur never gives up easily and fights for the survival and prosperity of their business. Even when the conditions seem to be tough, they will strive to come out successful.

To become a successful entrepreneur, these characteristics are most important. If you dare to take risks, are passionate about your work and willing to adapt new things, you will definitely march towards establishing a successful business.

Categories
Motivational

8 Ways to Make a Great First Impression in Business

Make a Positive First Impression: Recipe for Success

First Impression in business is very important. You get only a limited time to impress your potential partner or client and he too takes only one glance to judge you. Every new encounter leads to evaluation and it’s your first impression that makes all the difference.

Here are 8 important tips that can help you create a positive first impression on the people you meet.

1. Research about who you are meeting

  • It is important to prepare beforehand and research about who you are meeting. Whether it is a potential partner, a client or a customer, you should not enter a meeting cold.
  • Doing your homework will give you a competitive advantage over your competition.
  • Being knowledgeable and showing that you have made an effort, are both positive qualities to make a first impression in business.

2. Attire

  • You need to dress for success. When you enter the room, the first thing a person notices is the way you dress. So be dressed as per the gathering.
  • If you are meeting a client or a highly qualified gathering, professional attire will help in making a good first impression.
  • Some occasions do call for a casual approach, so if you are going for a networking dinner or a media party you can try out your personal style.

3. Rehearse your Pitch

  • It is always better to practice your pitch before the meeting. You don’t want the client to lose interest halfway.
  • Hence, make pointers that will help you convey your message promptly and with clarity.
  • A third party prefers if you have clarity of thought and a clear outcome of what is expected out of the meeting.

4. Be Punctual

  • You always build a positive first impression in business if you are punctual and no time is wasted waiting of either of the parties. In fact try and be 10 minutes earlier just in case you face any issues in finding the place.
  • Give a few minutes to compose yourself and gather your thoughts before entering the meeting.

5. Be Courteous and a Patient Listener

  • Listen to them. Listening to the client with patience can go a long way in forming a good partnership.
  • Sometimes we get too carried away in making a good first impression that we forget to listen to what the other party has to say. This can appear to be rude.
  • It goes without saying that certain courteous gestures always work in a meeting. Just like switching off your phone or being well-mannered and polite with others.

6. Be Honest & Genuine

  • Do not try to fake your achievements or boast about your credentials. Be genuine and it will help in creating a memorable first impression in business.
  • Clients appreciate honest feedback, so if a client is asking for something unreasonable to be done, be honest about your feedback and suggest a way out.

7. Carry a Positive Outlook

  • Positivity can help conquer every obstacle, so enter the meeting room with a positive approach.
  • Your attitude can make or break your first impression, so be optimistic about whatever challenges they throw at you.
  • A smile can help you break the ice and bring everyone at ease.

8. Be at your Professional Best

  • Reserve personal comments or negative remarks about any person from the organization or any religion/country being discussed in the meeting.
  • Keep your conversation to the point and answer in a professional manner. This will help in building a sensible first impression.

A positive first impression in business is an important chance to prove your confidence & passion. If you follow these guidelines before entering an important meeting, be rest assured you will come out happy and contended and so will your client!

Categories
Motivational

How to Stay Creative in Ambiguous Times

Life-changing Ways to Stay Creative in Ambiguous Times

Finding it difficult to stay creative during these ambiguous times?

Times of ambiguity or crisis are a part of life.

We’ve all been there at one time or another: stuck in uncertainty. It’s a scary place to be, and can leave you feeling stuck, out of control and helpless.

Times full of ambiguity are the ideal days for you to exercise your creativity.

Here are 4 hacks to sail through uncertainty and stay creative in ambiguous times:

1. Utilize the time to read more:
 

Some of the most successful and busiest people on our planet are also avid readers.

If you find yourself with entirely new blocks of time open to you, commit to reading more.

That is because:

  • Reading sparks your creativity, and helps grow your understanding of complex problems.
  • It grows you intellectually, while at the same time, it is also a very relaxing activity.

Fiction requires us to experience reality from a perspective, very different from our own reality and hence, helps us to exercise empathy and stay creative.

However, you can also read nonfiction thought leadership books and articles that you have stockpiled in your ’must-read’ list.

2. Reflect on YOU:

Many world champion athletes, business people, and spiritual gurus share self-reflection as an essential key to their success. The same is also true for ’everyday people’ who seems so fulfilled and happy with their lives.

So why is self-reflection so important to lead a successful and fulfilling life and to stay creative in ambiguous times?

  • Improve self-awareness
    : Having a strong sense of self improves your self-esteem and boosts your confidence.
  • Provide perspective
    : It allows you to see things from a different perspective i.e. you can zoom out and see the whole forest.
  • Allow you to respond, not react
    : When you take out time to reflect on a situation, you respond more thoughtfully and change your behavior for the next time.
  • Facilitate a deeper level of learning
    : Self-reflection is a critical part of the education process. Studies have shown, when people are given time to reflect, they are better able to retain and recall the information.

3. Spark wonder through play:

Play allows an individual to deliver creativity in a certain way. 

It allows a person to discover why and how things are done in a certain way or finding new and different solutions to it.

As kids, we all are born with curiosity to learn, explore and experiment new things. However, as we grow older, learning by creating as a way of play is decreasing.

Playing requires a person to focus, accept the unknown, offers the challenge and develops the ability of a person to use creative thinking.

Example of implementing the elements of play in real life:

Unlock the 007 in you. You have 70 seconds
: This was a real-world experience, a campaign to win the ticket for James Bond movie and is an example of how to put a play in the creative promotion of an upcoming movie.

This example shows, how inserting play can lead to changes in the behavior of people and helps to stay creative in ambiguous times.

4. Look forward with gratitude and generosity.

This time is your chance to take inventory of what you have done and arrive at fresh insights.

Ask yourself a question
: ’What can you do now, so that when you look back on your past, you would be saying ’thank you’ with deep gratitude for this time?’

Many people recommends practicing generosity by asking who you can help, for example, offering free webinars. 

When you humble yourself to be helpful and grateful to others during adverse times, you refuels your creativity.

Ambiguous times always brings out unintended & surprising outcomes and make it difficult to stay creative. On an individual level, a person gets to be more self-reflective, slow down, and identifying what really matters. 

At an organizational level, we get to discard the way we’ve always done things and take a temperature check on our organizational culture. 

There is always a silver lining in every ambiguous and uncertain situation, if you look at the positive side to increase your creativity.  

Categories
Motivational

5 Steps To Be A Great Stage Presenter

The greatest change-makers and world leaders have all been great presenters on stage. To be a great stage presenter, read the strategies below:

Being a great stage presenter or an inspiring speaker is an art. The few that have achieved this success are PM Shri Narendra Modi, Former USA president Barack Obama, Renowned Business coach Dr. Vivek Bindra, Famous American Motivation speaker, and Coach Tony Robbins.

In the times of social media it has now become mandatory for every leader to be fascinating on stage. Your public appearance creates a perception that establishes your personal brand and recall for your business too. Here are few steps which can help you to be a great stage presenter.

1. Be keen about your topic

The first step towards your journey to be a great stage presenter is to be keen, updated and strongly knowledgeable about your topic. 

  • Also more critical is to be passionate about what you are communicating; if you say with passion listeners will also feel connected to it.
  • For Example- Look at the way how respected PM Shri. Narendra Modi addresses people. You can feel the passion in his speech, people feel connected and that’s why his communication engages everyone.

2. Practice and then dive into the audience

Practice makes a man perfect is well-known phrase it’s old but still carries gold.

 

  • Just practice, even before you engage with your audience, imagine that the audience is in front of you and start practicing at home, office, within among small group of friends even ask them to help or make your prepare by cross-questioning.
  • For Example- Renowned Motivational Speaker and Business Coach Dr. Vivek Bindra have said it many times in his videos that don’t get tired until you reach the desired objective and never stop practicing till you reach your goal. 

3. Take a voice lesson

Your voice holds great importance for the success of your presentation. Sound is as important as how it looks. Strong voice modulation leads to a strong engagement. Voice catches the audience a lot more.

  • As you practice, record your voice on your mobile phone and listen to yourself. Thoroughly listen to how you react and how you speak. Keep improving the way your voice modulates.
  • There are many aspects to need to learn like when to change your voice, its timbre, depth, when to take a breath while speaking, phrasing, sounding, deeper tones reflect more confidence and gathers great attention, humour factor to some extent can be conveyed on many occasions.
  • For example-Tony Robbins the famous American public speaker, life coach, and philanthropist and much known for his infomercials, seminars used to say that one needs to add more value than anyone expects from you, active voice lessons would certainly help you out to add much needed value.

4. Be a great storyteller

To create a buzz among the audience any leader aspiring to be a good stage presenter must be a good storyteller too. It’s better to start your speech while gathering the audience by telling a story which acts a tool to create a buzz around the topic you want to cover.

  • People might forget many things about your speech but the chances of remembering your story are much higher.
  • For Example- We all know how the former president of the USA Barack Obama commanded the stage. Most of his speeches had stories attached to it, he talked about his parents, about his hope to lead America and many more stories were the part of his speeches during his tenure.

5. Be Yourself

At the end, you need to be real and know yourself. Don’t try to copy someone else, this may bring more flaws to your speech and it will act as a hurdle in your path to be a pronounced stage presenter. Be humble, real and honest to your audience, this will help you immensely and you will get the desired results in return accordingly.

To be an accomplished stage presenter is an uphill task, but not impossible to achieve. The above mentioned few tips will surely help you out on your route to be one of the better stage presenters.

Categories
Motivational

How to handle difficult situations in Life

??Introduction

  • Are you not able to handle difficult situations in your life?
  • Do you want to become strong in tough times?
  • Do you want to know how to handle difficult situations?

You must have confronted many difficult situations in your lives, which could have made you strongly mental or mentally strong.

Out of difficult experiences, some people become strong enough to tackle all adverse situations coming their way.

On the other hand, some become so disappointed that they abandon their goal statement or may commit suicide.

Here are some ways on how to handle difficult situations in your life.

MAPS of New Options

It is one of the ways to how to handle difficult situations.

You can never get new results by doing the same things that you been doing the past.

If you want new results, then you have to think of new options. You have to build a Massive Action Plan of New Options.

A (Massive Action Plan) + B (New Options) = C (Success)

Even if you choose new options, but do not take massive actions, then there is little possibility of success.

Similarly, if you take massive actions with hard work, struggle, and commitment with old options then your chances to succeed are rare. 

Failing is Not a Problem

Failing is absolutely normal, but failing twice in the same thing is more than a problem.

There is no problem in committing a mistake but never commit the same mistake twice.

Example:
Facebook didn’t become Facebook in one go. Initially, it was just a site ’Hot or Not’, which was a big failure. But learning from their past experiences, they brought many massive changes in it by understanding the people’s behavior and launched Facebook.

It is a way to how to succeed in a difficult situation.

Become Warrior Not Worrier

?After a few failures, many people get fed up and abandon their goal. They lose hope; keep complaining about their failures and become strongly mental, which brings nothing but more negativity in their lives in place of success.

No one gets 90% success in the first time in their life.

Such people need to make a new strategy with a massive action plan with new options.

It is another way how to succeed in a difficult situation.

Bring New Options in Your Life

Now let’s talk about how to handle difficult situations by imbibing something new in life.

Instead of losing hope after a failure, try to find out new ways to achieve your goal.

  • Don’t focus on your past, as its meaningless and mindless distraction.
  • Focus on new options which are meaningful for your future endeavors.

Don’t Sit Back, Only Step Back: Learn from Mistakes

Setbacks will definitely come in your life but don’t sit back.

Whenever you get a setback in life, don’t sit back, only step back to take a new step by finding new options.

Prominent scientist Thomas Alva Edison after failing 9,999 times said, ’I have not failed 9,999 times, I just learned 9,999 ways, which cannot make a bulb’.

’Don’t Blame, But Change the Game.’

Undeniably if you follow the above-given tips on how to succeed in a difficult situation you will achieve your all goals. 

Categories
Motivational

How to Achieve New Year Resolutions?

Introduction

  • Are you not able to complete your New Year Resolutions?
  • Does your resolution break easily?
  • Are you looking for ways on how to achieve New Year resolutions?

New Year is an amazing opportunity for people to make personal resolutions for self-improvement. You must have made different types of New Year Resolutions till now.

Example: I will save more money this year (or spend less); I will start reading one book every month, or I will quit smoking.

How many New Year Resolutions you have completed? Your answer may be a few or none.

More than 95% of people broke their New Year Resolutions latest by 15th January.

Have you ever realized why we fail to achieve these goals despite so much conviction and clarity about it?

The reason is quite simple!

We make Multiple Resolutions in our mind because we want to improve everything in our life in the coming year starting from our health, finances to our relationships.

The reality is slightly different. Many Resolutions can never bring many revolutions but One Focused Resolution can certainly bring Revolution.

Following are the powerful tips to make your New Year resolution successful:

Tip #1: One Focused Resolution will Bring Revolution

It is one of the tips on how to achieve New Year resolutions.

❌ Do not make multiple resolutions.

❌ Do not change your resolutions again and again.

✅ Make one focus, steel strong, powerful, unshakable and unbreakable resolution.

✅ Make a resolution that brings a major shift and success in your life.

Now, how will you make it Steel Strong?

Simple! You can do this by consciously holding on to your resolution. You need to give yourself auto-suggestions and create a Recall Support Mechanism around it because, “anything that gets out of sight, gets out of mind.”

Ensure that your goal never goes out of your sight. Place your goal on your television, laptop, mobile phone, the dashboard of your car, the main door of your house, at your workstation, study room, etc.

Once you’ve made a Steel Strong Resolution, make sure that you practice it consistently because only Consistency can bring Progression. This is our second tip to how to achieve New Year resolution.

Tip #2: Consistency can Give you Progression

Consistency is the key in making and achieving New Year resolution.

✅ Follow your resolutions consistently.

❌ Do not change your resolution, if you are facing challenges in achieving it.

✅ Change your strategy, if you are facing challenges in achieving your resolution.

Remember, there is no way to get overnight success. You have to work consistently and improve yourself to get success.

If you do not show consistent improvement, then there are lots of people who can replace you anytime from your job, position, or your business.

For Example

In 1916, the average age of a company was 70 years and it has been reduced to 7 years in 2016. This is because replacement is taking place at a high speed. So, you need to improve yourself with the help of your resolutions otherwise you will also be replaced.

Tip #3: Recruit Support

Sometimes, we all need a push from someone and it is alright to take support to complete your New Year resolution.

✅ Identify a super-specialist in the field in which you have taken a resolution. Take his/her support to achieve your resolution.

The super specialist can be a like-minded friend, relative, or mentor. They will give you a continuous hand-holding and implementation support to hold on to your resolution.

For Example

An athlete grows only in the company of other experienced athletes.

Remember, this is going to bring a great shift in your life and will make you succeed with your New Year Resolution.

Categories
Motivational

How to become Successful in Life?

??Introduction

  • Do you want to know how to achieve success in life?

You must be thinking about how successful people became successful.

Here are the three powerful tips to be successful in life.

Tip #1: Power of Responsibility

It is one of the tips to be successful in life.

Responsibility is one thing that is never given, it is always taken.

You can’t give responsibility to someone, who is not ready to take it.

Can You? The answer is NO!

For Example

Once a girl was carrying a 12 years old disabled boy on her back and was going to Vaishno Devi.

A saint was also passing by with a heavy bag on his back.

The saint noticed that the poor girl was feeling breathless but she was still moving ahead.

The saint said to the girl:

’Daughter, you might have tired. You are carrying a heavy load on your back.’

To this poor girl replied:

’Baba, load to aapne uthaya hai, Mai to apne bhai ko Darshan Karwane le ja rahi hu.’

Baba was speechless hearing the answer of the poor girl.

So, the Moral is; Responsibility can never be given, It is only taken.

Responsibility, if given, becomes a load.

Responsibility, if taken, can accelerate your progress in life.

Lord Krishna also said, ’sarvatr, sarvada, sarvsthasu.’

Sarvatr means everywhere, Sarvada means every time/always, and Sarvsthasu means in any circumstances.

So, Krishna said that the person, who takes responsibility, gets success everywhere, always, and in any circumstances.

Tip #2: Gratitude Journal
 

How to become successful by adopting the Gratitude Journal in your life?

Every night before going to bed, you should write a gratitude journal.

It should include what is the good thing that happens today in your life.

Is everything around your waste or important?

You need to find out this.

The person who sees waste in everything, his/her behavior also becomes like that. Their thought also becomes wasteful.

On the other hand, the person who finds everything important around them, their behavior and thoughts also become important. Such people grow very fast because they have a relaxed mind. Happiness and prosperity come to these people automatically.

So, before going to bed, write at least the name of five people whom you are grateful to thankful.

It is said ’Either you are Grateful or Great Fool’ if you feel thankful, you will grow. 

Tip #3: Life is the Result of Choices

It is also one of the tips to be successful in life. 

What type of thoughts do you choose in your life?

Which type of behavior do you select in your life?

You have the ability to make the choice. But, you blame the circumstances, instead of bringing change in your mindset.

To understand how to achieve success in life, you need not depend on others to make a selection. 

If you are not ready to bring change in your life, then nobody else can do this.

There is a saying, I invested my whole life in changing the circumstances, the day I changed my mindset, circumstances changed automatically.

You will face various problems in your life, it will depend on you whether you want to give up or get up. This decision needs to be taken by you and nobody else.

You want to learn or you want to blame, this is your choice. In odd circumstances, some people blame the circumstances while others learn from it.

Do you find life as a puzzle or a problem?

If you take it as a puzzle, you can solve it. But, if you think it as a problem, then it will become a bigger problem.

Your choices make your values; your values build your thoughts

Your thoughts form your behavior; your behavior forms your ethics

Your ethics bring you publicity and your publicity helps you to do business

From the above-given tips to be successful in life, you have to learn to make better choices in your life in order to get guaranteed success.

Categories
Motivational

How to Get Success in Life?

??Introduction

To know how to get success in life, you need to ask yourself the three questions:

  • Where are you now?
  • Where do you want to go?
  • How will you go?

If you have answers to the above three questions, you can achieve anything in your life.

Whether you are an entrepreneur, project leader, manager, or any other professional, following powerful tips to be successful in life will help you thrive in your career:

Tip #1: Know What Do You Want

It is one of the tips to be successful in life.

You should have clarity in your life. Clarity is the key to success in life. When you get the clarity, your mind is focused. Wherever mind focuses, it gets zoomed in and then you can’t see anything else.

Arnold Schwarzenegger – a first-class politician, first-class entrepreneur, great bodybuilding champion, and an actor – says, ’My rule for success is clarity. I set a goal and then I do whatever it takes to achieve it.’

Do you know, what do you want from yourself, your company, your business, and your employees in the next one year? 

Where do you want to reach in the next 2-3 years?

Once you know, then you start living life for a purpose.

You should have clarity regarding your career, personal life, and relationship.

Tip #2:  When You Stretch, You Grow

How to get success in life by stretching your limits?

You often think that you have limited potential. But, actually, you don’t know about your limits and potential.

When you stretch your limits, your limits will expand. When you stretch your expanded limits, your expanded limits will further expand. They will keep on expanding. This is because you have unlimited potential. It is another key to success in life.

Do not equate your salary to your potential. Your salary can be x but your potential can be 5000x or 100,000x. You actually don’t know because you are equating your potential with your salary.

According to the Shloka 15.7 of Bhagavad Gita:

mamaiv?n?ho j?va-loke j?va-bh?ta? san?tana?

mana?-?ha?h?h?n?ndriy??i prak?iti-sth?ni kar?hati

Lord Krishna says, “As you are my part, so, you also have unlimited potential like me. But, the problem is that your six senses and your heart will make you struggle with your existing potential. As a result, you get distracted to different things and also deviated from your purpose.”

So, Lord Krishna says, know your purpose and stretch your limits to reach your purpose.

Tip #3:  Anything that You Cannot Measure, You Cannot Improve

The key to success in life is that you should start measuring your efforts and determine what to do and when to do in order to reach your goal.

You should monitor your efforts through the schedule, tracking charts, and templates. These measurements will also help you to know how to get success in life and where improvement is required and

You have to make a scorecard to track your performance. Start measuring your efforts every day to make sure that you are on the right path to achieve your goal.

So, following the above three crucial tips to be successful in life will help you achieve whatever goal you set!

Categories
Motivational

How to Multiply Your Business without Giving Discount?

Introduction

  • Is discount killing your business?
  • Do you want to know the most important factor in increasing your sales?
  • Do you want to multiply your business without giving discount?

Traditional shopkeepers, traders, and small merchants often adopt conventional strategies such as discounting, overdraft, extended credit period and freebies to increase sales.

Vendors and shopkeepers complain that to compete with the low-priced products imported from China, they end up giving discounts and freebies to attract customers and multiply your business.

Although such strategies may work for small businesses for a short period of time, they can’t retain the market for a longer period for big corporates.

To help the Indian business community increase sales and revenue and attract customers by understanding their nerve, we have compiled the following 5 powerful techniques that will help you to multiply your business without giving discounts.

Tip #1: Identify the Critical Success Factor of Your Customer

It is one of the methods to multiply your business without giving discounts


Just selling your product using any sales and marketing strategy is not your job, instead of understanding your customer’s money-making model and making your customer’s business successful is your job.

  • You have to enter your customer’s life to understand his/her business by becoming a trusted partner.
  • Try to enter your customer’s business and identify how you can help him to increase his earnings. Once you start helping your customer in running his business, he will become your loyal customer. This will help you to multiply your business.

Tip #2: Identify the Critical Success Factor of Your Customer’s Customer

  • Even after understanding your customer’s business, it is imperative for you to understand the business of your customer’s customer.
  • This is a very unconventional way to make a loyal customer by contributing to the critical success of his customer. It will help you to multiply your business.
    “Don’t act like a Sales Man, act as a Consultant”
  • Try to understand how your customer’s customer is generating income which is called success consulting practice.
  • If you contribute to the success of the customer’s customer by matching their needs, then your direct customer will become your loyal customer.

Tip #3: Identify the Critical Success Factor of Your Customer’s Competitor

  • Since you understood the critical success factor of your customer and your customer’s customer, it’s time to understand the critical success factor of your customer’s competitor.
  • Try to enter the business of your customers’ competitor and find out what policies and techniques they are using to run their business successfully.
  • After understanding your customer’s competitor’s business model, integrate the required changes in your product, which can help your customer to compete with his competitor and increase his business.
  • After the success of your customer’s business, he/she will become your loyal customer. This will help you to multiply your business.

Tip #4: Determine Where you should Focus


Don’t focus on conventional techniques of business to allure your customers like pricing, discounting, promotional schemes and over drafting, as these techniques don’t retain your business for a long duration.

  • You have to “focus on churning your innovative strategies to increase sales, gross margin, revenue, inventory turnover, cash flow, brand equity, customer acquisition, customer retention, profitability, liquidity, growth, productivity, and velocity.”
  • Small merchants and salesmen often focus on discount, overdraft, credit period and low-cost techniques, which after a certain period of time start hurting their profitability. On the other hand, big corporates focus on this innovative tool to influence their customer’s buying behavior to get an upper hand over their competitors.

 

Tip #5: Customer-Centric Organization

“Customer’s critical success factor should be the foundation of your corporate strategy.”

  • Restructure your organization in a way that it’s each and every department works towards contributing to the need of focused customers. Organization’s every department should direct their efforts to add value to the biggest customer’s critical success factor.
  • Engage all departments in brainstorming game-changing ideas to build customer-centric strategies to increase the sale of your product. This will help you to multiply your business.

All the abovementioned tips will help you to multiply your business without giving discounts.