Tag: business coach

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Business motivation

How To Avoid 3 Common Fundraising Mistakes Entrepreneurs Make That Can Sink A Business!

How To Avoid 3 Common Fundraising Mistakes
How To Avoid 3 Common Fundraising Mistakes

Starting a startup might seem all exciting and there could be times that everything falls into its respective place. You think about starting a business and the customers come knocking at your door since day one.

You raise funds easily and your first pitch to your investors is a rip-roaring success. Everything goes according to the script, even if you didn’t think too much about it. But what happens when you couldn’t able to generate investment for the second round? What happens when things go wrong?

Watch everything that you need to know about Fundraising in this video:

The problem with effortless success is that it does not prepare you for the worst. Some so many entrepreneurs tasted early success in their entrepreneurial journey, but things got a little tricky when additional capital was required. Their numbers were bad and their business looked like a nightmare which put the investors off-board.

So what are those BIGGEST mistakes of fundraising that every entrepreneur must avoid? Here is a list:

1. Catastrophic Mistakes

There are plenty of crucial decisions to be made over the first few raises. Entrepreneurs must decide how to pick the right investor for their business, whether they should try crowdfunding, and how to evaluate their business. The important steps can help to take the business to successful heights. But these are the areas where people can make catastrophic mistakes.

How to avoid it?

The starting point is the exit! What many people don`t realize is that taking investments puts you on a path to exit. Every investor wants to get off in 6-10 years with a return. So looking at the stages to exit is the place from where entrepreneurs should think further than expected. Also, one can take professional help from the best business coach in India.

2. The Correct Numbers

Focusing on numbers is one of the most essential things if you want to ensure that your business sustains in the long run. Many start-up businesses fail to thrive ahead because the founders couldn’t raise a second tranche of money. Numbers are critical even at the pre-revenue stage and therefore it is vital to work on the financial plan. Most founders overestimate the cost and the period it will take to hit targets.

How to practice it in the real world?

So understanding the biggest gap that exists in the business models is between what is being projected and the actual cost bases is very important. Investors typically look for businesses that can understand their cohort financial analysis, customer acquisition drivers, and churn rates. Hence, an in-depth understanding of unit economics and how it can be improved can help any business to sustain itself for a longer time. However, hiring a business coach too can help you navigate the challenges of fundraising.

3. Unpicking Experience

To err is human. And one of the best qualities that humans are bestowed with is their ability to learn from them. But is the fact that someone has made mistakes and learned a valuable lesson from them is necessarily a reason to trust their judgment? Well, certainly not!

Unless humans make mistakes, their learning will never start. However, it is not advisable to carry the burden of past mistakes over their shoulders. Many entrepreneurs carry the weight of their past business mistakes to their present and future. But dwelling on past mistakes results in nothing more than unhelpful introspection.

How to avoid it?

Learning from past mistakes is something that every successful business leader must do. Also, if you take help from a business coach he or she can probably help you to learn from their professional mistakes which is probably every essential.

Fundraising is certainly not easy! Even if you find investors in the first round easily that does not guarantee for the next investment rounds to be that smooth. Hence, only by understanding both the thinking of investors and the pitfalls that may lie ahead, businesses can be better equipped to obtain the funding they need. And taking the professional expertise of a business coach can demystify the investment landscape for entrepreneurs.

To know more about fundraising and investment strategies, take our ‘Entrepreneurship Course’ which is a specialized online business course tailor-made for those who want to pursue their entrepreneurial goals!

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Business motivation

How To Build A Strong Business Network When You Are An Introvert Entrepreneur?

How To Build A Strong Business Network When You Are An Introvert Entrepreneur
How To Build A Strong Business Network When You Are An Introvert Entrepreneur

Aditya, a 24-year-old guy, with plenty of revolutionary startup business ideas in his mind and a determination to set up his startup hails from Kanpur, a city in Uttar Pradesh. Surrounded by a large crowd of successful entrepreneurs and young solopreneurs who are chasing their business goals, he is getting nervous with each passing minute.

He can feel the sweat beads forming consistently and rolling down over his forehead against his will, which adds up to his discomfort. He can feel his heart thumping, ready to leap out of his chest. And, while many of you may think that Aditya is about to experience a cardiac arrest, let us tell you that nothing of this sort is about to happen.

Aditya, who has a charming personality and the confidence to sweep any businessman off with his effective communication skills and creative ideas, is also an INTROVERT. Being an introvert means meeting total strangers or attending an event with hundreds of people is no less than a nightmare.

While many people can easily share personal stories while making business contacts, there are also people like Aditya who want to build a strong network and close business deals for his business idea but can`t approach a stranger and start talking. You can also watch video on “Covid Proof & Recession Proof Business Ideas” , here:

Loud and crowded settings are often intimidating for introverts and draining. But in a world that often recognizes an extrovert as the ideal personality, how do introverts get ahead when it comes to building a network?

Here are five tips that can help even the most introverted entrepreneurs improve his or her networking skills:

1. BE YOURSELF

One of the most clichéd tips of all time, yet very effective and true. Accepting your weaknesses and strengths is the ultimate way of evolving both personally and professionally. Beating yourself up for not having an outgoing personality will not help you in any way. It will only create a sense of inferiority that will hold you back in the future.

Make improvements by learning from extroverts, but don`t expect yourself to behave like one. To get uplift your mood and spirits, you can listen to the best motivational speaker in India.

2. CUSTOMIZE YOUR APPROACH

There is nothing wrong if you feel more comfortable in a small group. After someone accepts your invitation to discuss your startup business idea, look for scenarios where you can meet people in settings that are peaceful and ideal for network building. You can invite business investors to small group or in-person activities like a cup of coffee at your favorite café to discuss endless business possibilities.

It may take you more time to meet new people. But, it will help you to overcome your hesitation to meet new people and will build much deeper and significant relationships.

3. ONE STEP AT A TIME

If you too get cold feet like Aditya when it comes to approaching even one person, then fret not! Take baby steps. Do not rush. Do not try to force yourself to go and talk to people when you are not comfortable. Forced conversations can leave a negative impact on your investor.

Begin by exchanging emails or few direct messages on LinkedIn with your business prospect. This will give you a sense of familiarity with the person you are about to meet in person. After you have communicated through emails, take the conversation ahead by meeting them in person. You can also hire a business coach who can help you overcome hesitation.

4. ASK FOR A WARM INTRODUCTION

It is very normal for introverts to remain with that one connection they make in an event for the entirety. However, being an entrepreneur you will have to build multiple connections for your business growth. Force yourself out of your comfort zone. Tell yourself a number and meet as many people within a certain amount of time. Explain that you are a little introvert and it will be amazing if they can introduce yourself.

5. PLAN AHEAD FOR EVENTS

Aditya is not alone in this world! Many people like him begin sweating at the mere mention of attending events. Many people in this world do not find the thought of meeting countless strangers pleasing. But, building a network is an important aspect of a start-up business. A little planning can ease out the entire situation for introverts.

When you find an event that can materialize your startup business idea into reality, you can contact the organizer a couple of days ahead of the event. See if the organizer can help you to make introductions through email or social media. On the day of the event, you will know specifically which people to seek out.

Introverts may find meeting total strangers and converting those meetings into treasured resources quite overwhelming. But as an entrepreneur, you have to have a strong network. So, networking has to be a part of the business plan.

To resolve this challenge, we have many ‘Problem Solving Courses’ that include personality development as well to help you build a strong network.

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Startup

5 Emotional Challenges Entrepreneurs Must Overcome When Starting a Start-up!

5 Emotional Challenges Entrepreneurs Must Overcome When Starting a Start-up!
5 Emotional Challenges Entrepreneurs Must Overcome When Starting a Start-up!

For every entrepreneur who has pursued his or her dreams and attained success, many others don`t make it past doing a first draft of a business plan.

Wondering why? Only because of one factor that is absent in the successful entrepreneurs and present in the heart of those who couldn`t just get past it.

Fear of failure.

Fear is a human emotion that actually forces us to think rationally and not just jumps off the clip. But, when not handled carefully, it could mislead us. It can also trick us into believing that we are not capable of fulfilling our dreams, especially when we want to start afresh.

It does not matter how many times entrepreneurs tell themselves about their goals; the fear of failure arises, challenging them at every single step. Therefore, many people take help from a business coaches to understand the dynamics of the business world.

Review this list of seven things a young and aspiring entrepreneur might fear, and learn how it is possible to overcome them:

  1. Confused about the First Step

After an entrepreneur sets his or her ideas in motion, the next step is to implement them. This is where most of the entrepreneurs feel clueless. This sense of confusion instills the fear of the unknown and many ambitious minds back off.

However, stepping back is not the solution. Start by finding someone who has achieved the goal which you have set for yourself. Read about that person and you will know that if she or he has achieved success, so can you.

You can also take help from a business motivational coach who will give you wings, yet keep you grounded with rationality. Just take the first step forward and do what makes sense. The path will reveal itself as you continue to walk.

  1. Not being an Expert

Probably, you know sufficient about your product and services that you are planning to introduce into the market, and to answer the lion`s share of questions. Your knowledge is enough to resolve the challenges that may arise.

So, don`t worry if you feel that you are not a complete expert in the field yet. Slowly and steadily you can find answers. Keeping yourself updated with the latest trends in the market will also help. You can take online business courses for entrepreneurs for continuous growth.

  1. Being Considered Impulsive & Crazy

There are seven billion people in this world. And guess what? Not even 10 people out of 7 billion will think alike. Hence, it is okay if some people will think you are crazy to quit your high-paying comfortable job to start a new business.

While starting your own business might give you a label of a crazy soul, the safest and rational thing to do would be to spend your entire life working for someone else.

If you will ask the best motivational coach in India even he or she would tell you that it`s the crazy ones who have the ability to make a difference in the world.

So, step out of your limbs, believe in your talents, and start ahead! Sooner or later others will get convinced too!

  1. Not able to raise Funding

Being an entrepreneur would have been like a cakewalk if only every person with an idea can slide into a conference room to attract an angel investor or waltz into a bank to receive a loan. Since the reality is different, entrepreneurs must start their business even without investors.

Even if you do not have the capital at first, you will soon figure out a slow and steady process of building the business. Sometimes better decisions are made when we are forced to take our own sweet time with things.

  1. Failed to Attract Customers

Taking risks is scary and anticipating if your skills will be valued in the market is even more terrifying. But unless you begin your startup with a set of audience who are ready to put their money on you, not many people will immediately knock your door down.

If you approach your business positively with joy and consistently deliver exactly what you have promised, you will certainly experience an increase in the number of customers. You can also take help from a business motivational coach and come out with effective marketing strategies.

You can also take online business courses to increase your level of expertise. But do not forget to be kind to yourself because you have made it quite far and you will achieve more.

The above-mentioned challenges are the most common that every entrepreneur is afraid of. However, hard work has no substitute. When problems arise in business, as an entrepreneur you should have confidence in yourself to complete the game.

Do not be afraid when you knock the pins down.  Set the pins back up and play again!

You can take our ‘Entrepreneurship course’ that is tailor-made to help entrepreneurs navigate through the challenges of business.

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Business motivation Small Business Consulting Firms

5 Simple Things That Will Make You The Best Business Management Consultant In India

5 Simple Things That Will Make You The Best Business Management Consultant In India
5 Simple Things That Will Make You The Best Business Management Consultant In India

You may have noticed that today the consulting industry is in bloom. There are so many big or small business consulting firms in India that are rapidly growing and making handsome profits.

Not only from the business perspective, but even science says that business management consultants add value to an organization. The World Bank conducted a formal study in which a control group of factories along with a treatment group was included.

The results were quantified and surprising!

The economic benefits for the first year exceeded the cost of the consulting- with later years` benefits like pure gravy.

So, what does it take to become a successful business coach in India when competition is high, and you have to compete with the best of the best? There are few essential qualities that top-class business coaches adopt to make a golden resume.

So whether you have just started a small business consulting firm or considering it as your career path, here are some of the vital characteristics that you must cultivate to go from being a good consultant to the best one:

  1. Become Reliable

A consultant`s worth depends on how much his clients can rely on his word. This essentially means that you will have to deliver exactly what you promised your clients. This may sound simple, but this is the most paramount thing that is needed to build trust and credibility among your existing and future potential clients. Make sure you keep your promises and be consistent in your quality.

  1. Develop an eye for minute details

One thing that can make you one of the best business management consultants in India is having attention to detail. This is such a crucial skill in consulting business as it ensures that your deliverables to your clients go error-free. It showcases how thorough your research and your recommendations are solid.

If you have this skill naturally, nothing can be better than that. However, if you are not then it is best to create a list of things to double-check before submitting or promising anything to your clients.

  1. Stay Ahead from the League

If you have just started your journey as a business coach, your first few years of consulting will keep you juggling between industries, clients, and areas. No matter how broader your experience is, it is a good idea to learn something new or develop a skill that will differentiate you from the rest of all your competitors.

From communication skills to advanced financial modeling, or gaining in-depth knowledge about a specific area in the industry, take out the time to discover in which field you can become a specialist.

  1. Learn to think Critically & Analytically

Every business management consultant has a charming personality with enough ambition to last a lifetime. But what distinguishes a good consultant from a great one is his or her ability to not only take care of the tasks at hand but also to think critically about the work.

For instance, your client might ask you to find cost savings in a supply chain. But, it is crucial to understand why it is necessary for the business? Are profits declining? Is your client lowering prices to compete with his competitors? Thinking critically will help you develop better insights and solutions for your client.

  1. Resolving crisis via Resourcefulness

Be it a large or a small business consulting firm, you will be asked to solve problems that may be completely new to you, or maybe altogether an alien concept event to the industry. However, a great consultant is prepared to face these tough problems or challenging demands through his resourcefulness.

Hence, developing an ability to quickly and creatively solve problems should be one of the main things to become the best business coach in India.

It takes a lot to succeed in the consulting business. But focus on the above-mentioned skills and you will yield great results. Also, always ask questions. However, ensure that you ask them in a helpful, least annoying way. You can also listen to some of the best motivational speakers in India to learn the nuances of consulting world.

Want to open a small consulting firm but have no clue how to build a business from the scratch? You can take our ‘Entrepreneurship Course’ that will help you gain in-depth knowledge about establishing your startup.

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Business motivation Strategy

5 Steps To Design World Class KRAs And KPIs For Business Success

5 Steps To Design World Class KRAs And KPIs For Business Success
5 Steps To Design World Class KRAs And KPIs For Business Success

Most of us are very much aware of the infamous Peter Drucker quote- “What gets measured gets improved.” The quote is very much relatable in today`s world because many of us readily recognize the importance of Key Performance Indicators (KPIs) and Key Result Areas (KRA).

As the companies are pushing the boundaries to increase productivity and value, KPIs and KRAs play a vital role in a company`s decision-making process. They serve as the necessary success factors for your company. They not only define your ongoing responsibilities, but also enhance communication across teams and other departments, convey strategies across all employees, and help to align them with the company`s goals.

These goals begin from the top and trickle down to every team in the organization, each performing their designated functions to take the business ahead. This is why many start-ups and mid-level companies are taking professional expertise from the business coaches in India to help build clear and well-defined KRAs and KPIs.

But what exactly are KPIs & KRAs?

Firstly, let`s talk about KPI or Key Performance Index. It is a measurable value that determines how successfully a team or an individual is achieving a business objective. Companies across the world use KPIs to guide and help employees towards achieving a common goal. There are also multiple online business courses available for the in-depth knowledge.

It also helps businesses to understand whether they are utilizing and spending time on the right strategies, tasks, and tools to achieve their goals.

On the other hand, KRAs or Key Result Areas form a foundational element in any business. Having a clear and defined goal for each position helps to keep all the team members focused and responsible.

As we have a finite amount of time in the day to accomplish infinite tasks, KRAs ensure that people are making the most of their official working hours to produce the most ROI.

So how can you design effective KRAs & KPIs that will help you achieve your business goals? We have listed out five ways in which you can design, choose and implement KRAs and KPIs:

  1. Determine your end objective

Creating a clear vision and end goal of what you are trying and would like to accomplish is very essential for any business. A simple and straightforward objective should be connected with your KPIs and KRAs. Every organization might have different KRAs and KPIs. However, it should be specific, easily measurable, and clear to understand.

  1. Indicators

Once, you identify the business goals, you need to figure out what are the indicators that might speed up the progress towards the goal. One of the common mistakes that managers and leaders do is jump straight from the problem to consider what to measure. This can often lead to confusion and misaligned incentives.

E.g. most of the time, a company tries to improve its customer experience by measuring bounce rate. But what they don`t realize is that there could be plenty of reasons behind the bounce rate. So, just improving the bounce rate does not guarantee a better experience. Working on the efficiency of his or her digital marketing campaigns might produce better results.

  1. Ensure everyone is on the same page

Organizational KRAs usually involve KRAs and KPIs of all the departments, teams, and individuals. It is very important to ensure that everyone is aligned with the KRAs developed at the company level. To make this concept clearer, multiple discussions must take place. It is paramount to build an understanding that the progress of KRA in every company will be measured and calculated by KPIs. Hence, every team, department, and employee must understand their KPIs to ensure that a particular organizational KRA sees improvement.

If you are unsure about how to do that, you can take professional help from a business coach who can help you build effective KRAs and KPIs.

  1. Set SMART KPIs

As we all are aware of the fact that KPIs affect KRAs, the leaders must assign SMART goals to each department, team, and individual. Goals should be easily measurable, specific, realistic, possible to achieve, and time-bound. This will make it easier for everyone to achieve their goals and contribute towards organizational growth.

  1. Everything should be in written

To ensure that everyone is clear about their KPIs and KRAs, simple templates can be used to share among the concerned people. Hence, while setting the organizational goals, one should have the KRAs and KPIs of every department, team, and individual in one place. This will simplify the tracing of every action. The templates should also mention the reporting managers along with their respective departments.

An organization, be it large or small, needs to create KRAs by setting different KPIs at the employee, team, and department levels. KPIs should be realistic, achievable, clear, and growth-inducing. The bigger picture and the ultimate objective of the organization should always remain in the focus. Hiring the best business coach can also be a smart move in this context.

Are you struggling with your organizational growth due to improper KPIs and KRAs? Get practical solutions easily with our step-by-step learning strategies, action plan, frameworks through our Problem Solving Courses that are designed to empower you with various business functions. From finance to HR, Digital Marketing to IT & Sales, find creative solutions to prominent business problems easily.

Categories
Business Startup Ideas MSME

5 Common Mistakes Entrepreneurs Make While Starting MSME Startup!

5 Common Mistakes Entrepreneurs Make While Starting MSME Startup!
5 Common Mistakes Entrepreneurs Make While Starting MSME Startup!

Small and Medium Enterprises (MSME) is the backbone of the Indian economy. Around 30% of the GDP in the Indian economy is contributed by MSME. It has created approximately 11 Cr. Jobs, which is second only to the agricultural sector and accounts for 45% of the total Indian manufacturing output, and 40% of the country`s total exports.

Despite their mammoth contribution to the Indian economy and MSME schemes for the startup business, this sector is facing lots of challenges in which an unorganized business structure and proper mentorship top the chart.

While MNCs and other large firms operate with a set of business advisors, business analysts, and life coaches for distinct aspects of business, MSMEs generally lack the key insights, resources, and inclination to reach out to a professional for expert guidance.

As a result, there are few common mistakes that MSME enterprises continue to make, impacting their growth. However, in the past few years, there has been an upsurge in the number of business coaches in India and business consultants that are specifically focused on Startups, SMEs, and MSMEs.

These mentors help first-generation entrepreneurs with how to start an MSME business and navigate through complex challenges of the business world.

Do you have MSME startup ideas, but have no clue from where to start? Well, here is a list of 5 common mistakes that most Small and Medium Enterprises make, which can be avoided with the help of the best business coach in India:

  1. Lack of Planning

Initially, many businesses start with an idea of a product or a service, which, in principle, seems to resolve the burning problems of the consumer and result in a huge commercial success. But, it fails due to proper understanding and a good MSME business plan.

The matter of fact is that every business small or large needs a business plan that includes mission and strategy, financial objectives, development of finances, sales and marketing strategies, resource plan, competitor analysis including pricing, market summary, and financial forecasts.

If your business plan is not based on well-researched information and accurate statistics, it may fail. You can take the help of a business coach to come out with a business plan that is based on practical information and not on some unrealistic expectations.

  1. Lack of Foresight

Most businesses start with a long-term vision, but after managing daily challenges and internal business crises, it loses focus and gets lost in basic survival. Many others will become too satisfied with their state of business and might lose sight of growth and expansion after getting comfortable.

These issues might appear minor; however, in the long run, they can become the major reason behind the failure of a business. This can be addressed with the help of a business coach in India. A business mentor can help you to come out with a systematic long-term growth chart and will work together to ensure that the same is followed.

Through consistent follow-up, support and guidance, a business can overcome short-term challenges and pacify setbacks by implementing a practical and achievable strategy for growth.

  1. Lack of Working Capital

Being optimistic is one thing, but setting an unrealistic expectation by ignoring the statistics is another. Time after time, there have been so many MSME business plans where the owners have an unachievable and unrealistic expectation about revenue and cash generation. This irrational calculation leads to financial crunch and failure.

Other business plans may focus on set-up costs but fail to factor in the day-to-day running costs. Every entrepreneur must understand that the establishment of a business takes a year or two. During that period it is crucial to keep the machines running, lights on and staff paid. Taking a more realistic approach towards your business for the first 18-24 months will increase your chances of running your working capital needs.

  1. Resistance to learning & upgrade skills

Change is the only constant! And, due to the innovation in the digital world, a constantly evolving consumer landscape, businesses need to adapt to new technologies. It makes it almost inevitable to escape these changes. Not upgrading your skill sets as an entrepreneur, may hinder your progress and failure in business.

While most SMEs and MSMEs look at skill up-gradation, they find investment in staff training and continuous learning as an investment burden. However, if done right, it has the potential to not only get the business out of the crisis but can also ensure that the business remains in the league and grows exponentially.

  1. Hesitant to Adopt Technology

Technology has become an integral part of our lives. From healthcare to entertainment, wellness to leisure, agriculture to the BFSI sector the presence of technology is evident everywhere. The technology-enabled business can only thrive in the 21st century. Despite this, a large number of MSMEs continue to shy away from adopting cost-effectiveness and continue to depend on manual labor.

Apart from the above-mentioned points, there are some basic factors as well like financial planning; smart marketing techniques, leveraging government policies, tools, and adequate focus on alliances are some of the other areas where SMEs and entrepreneurs must focus.

Are you an entrepreneur and looking for solutions, which you are facing in your entrepreneurial journey, you can take the ‘Entrepreneurship course’.

Categories
Motivational

3 Interesting Personality Traits Of Motivational Speakers That Make Them Popular!

3 Interesting Personality Traits Of Motivational Speakers That Make Them Popular!
3 Interesting Personality Traits Of Motivational Speakers That Make Them Popular!

Whether you are seeking an easy way to boost the confidence in students, or a new direction for your business, chasing new company goals, trying to keep the morale of your employees sky-high, or trying to keep them motivated as they are struggling during the pandemic, one thing that you must consider is to bring in an inspiring coach, a mentor or a motivational speaker.

Most people in India consider these inspirational coaches as nothing more than cheerleaders, who are looking to pump the company`s morale which is on the verge of extinction with their speeches. However, a good motivational coach for entrepreneurs or a student is much more than that.

Motivational speakers tend to have distinct personalities. They are artistic, creative, sensitive, expressive, and articulate. An inspiring coach or trainer comes with diverse expertise and knowledge. There are three key different areas:

a). Personal Development- Whenever someone says ‘Motivational Speaker’, this is the first thought that strikes everyone.  A personal development trainer or coach helps to inspire people and find a deeper meaning in life. They throw lights on undiscovered aspects of an individual`s life and give talks on overcoming challenges in personal as well as professional lives.

b). Business Coach– These types of coaches are generally hired by corporates to guide business teams at various levels. From top-level executives to low-level employees, a business mentor, usually share their experience of the corporate world and their journeys of success and failure. These types of coaches help to harness enthusiasm, encouragement, determination, hope and help teams to develop a common purpose to improve their work.

c). Youth Mentor- Not only adults but students and kids these days feel the brunt of unhealthy competition from their peers. The goal of a motivational speaker for students is to give kids a sense of direction in their growing years. These mentors instill a sense of confidence in students to lead a healthy life and find their true calling to select a career path.

These inspiring mentors around the world are renowned for their passion and dedication to their craft. They excel in it after years of experience that they gain from their journey. And, that gives them the ability to inspire audiences.

But how do they do it? Through their personal stories and engaging presenting style that help the audience to connect with them.

So what makes these inspirational coaches so popular and inspiring in India? Let`s find out!

  1. Personal Experiences

A motivational coach for students or entrepreneurs these speakers are defined by their personal stories, unlike the keynote speakers who are known for their industry knowledge. They are required to be both- a subject matter expert as well as and an inspiring leader who uplifts the audience and shakes them out of their gray areas.

Though there is no dearth of good speakers and coaches in our country, the best motivational speaker in India like Dr. Vivek Bindra can inspire anyone to live life to its fullest. During his seminars and conferences, he frequently shares his personal experiences and journey which is filled with determination, drive, and self-belief.

As a motivational coach, he inspires his audiences to come out of their comfort zones and follow their dreams of entrepreneurship. His stories and presenting style take guests on an incredible journey of hardship to success. He makes his guests realize that they are capable to achieve anything if they truly want to. His ideology is to leave his guests with one phrase, “I can. I will. Bounce Back”.

  1. A World of Whole New Perspective

Everyone has their own opinion and perspective about life, work, relationships, challenges, and solutions. However, sometimes our mindset becomes a roadblock in our success and goals.

When business owner`s employees are stuck in their work, it is common for them to reach out to the best motivational speakers in India. Life`s monotonous routine can get to people, and an inspiring coach can bring about their unique perception towards a life with their thoughts, a more positive approach, and a solution-driven mindset.

They can inspire you and make you believe in your dream. They can give you a healthy and positive outlook towards life and help you assist in appreciating your own.

However, it is important to choose your speaker carefully. If you have a bunch of students who are feeling discouraged due to peer pressure and other external factors, you must choose the best motivational speaker in India for students.

  1. Sky-High Self-Confidence

An inspiring coach may be a great storyteller, but if their presenting style is not as interesting and engaging, they will fail to make an impact on their audience. Confidence and self-confidence are two traits that are present in every motivational speaker. This not only makes up the foundation of their presenting style but also gives them the confidence to incorporate humor and wit into their speeches. This ensures that the audience gets inspired and entertained at the same time.

Dedication is a key trait of these mentors. Their passion for influencing others to achieve their dreams in the real world is very commendable. Motivational speakers like Dr. Vivek Bindra do not present for monetary games or fame. He attends events and seminars with one aim in his mind- to inspire people!

If you want to infuse a breath of powerful energy in your students or employees, Dr. Vivek Bindra is one of the best motivational speakers in India. He not only provides training but also offers specialized Problem-Solving Courses for those who are stuck with challenges in their business.

Categories
Business motivation

6 Powerful Reasons to Hire a Business Coach, Right Now!

6 Powerful Reasons to Hire a Business Coach, Right Now-BadaBusiness
6 Powerful Reasons to Hire a Business Coach, Right Now!

Running a business is not an easy task. Though the perks of being your boss are plenty, the constant challenges of the business world need to be addressed. Entrepreneurs who have just begun their entrepreneurial journey and want to scale their business hire the best business coach in india to help them get there.

A business coach brings years of expertise and experience with themselves that can help entrepreneurs, solopreneurs, and wantrepreneurs to take their business to new heights.

But is it worth the time and expense? It certainly is worth the time and expense! Especially when you are willing to fast track your business growth, and there is a gap between where you currently are, and where you would like to see your business.

If you are looking to hire one, here are seven benefits that you will experience from hiring the best business coach for your company:

  1. He will Help to Find your Blind Spots

As an entrepreneur, it becomes difficult to get into the weeds of the business. When you are living inside a building; it is hard to see its exteriors.

Similarly, while running a business, it is difficult to see your loopholes. A business coach can give a lot of succinct points about your brand and your business operations that you couldn`t have spotted otherwise. You can use your network to find one, or you can also contact Dr. Vivek Bindra – one of India`s best motivational and business coaches.

  1. He will guide you like a Compass

Sometimes, entrepreneurs get caught up in day-to-day if running their business. They take de-route and fail to bounce back. A business coach helps you to provide the right guidance like a compass and ensure that you are heading in the right direction. One small change in your direction can lead to unbelievable better results.

A professional business mentor serves a crucial role and regularly checks in to ensure that your business is on the right path to reach your ideal destination.

  1. He will help you Bridge the Knowledge Gaps

One of the biggest challenges in the path of success is the lack of vital information and knowledge. When it comes to finding solutions to business problems, you just can`t Google your way out. Also, sometimes when you do not know the problem, you can`t find a solution.

Business mentors are great accountability partners who can help you ensure you are consistently growing and evolving by learning.

  1. He will Offer Unbiased Insights

One of the biggest advantages that you get by hiring the right business coach in India is that he provides you with constructive criticism without getting biased. If you ask your co-workers, colleagues, family, or friends about what you need to do to get better, you may receive their biased opinions. Also, those opinions will lack professional insights. They may not understand the strength and weakness of your organization, or your management and leadership style.

A business coach will tell you what you need to hear, and not what you want to hear!

  1. He will Open your Mind to Innovative Ideas

It is human nature to stay in their lanes, once they have achieved success. The tendency to observe old habits and patterns that have proven successful in the past is quite common in entrepreneurs.

A strong business mentor can help you to increase awareness of methods and ways to attain success that has worked for other people. He can also offer powerful insights that you can practically apply to your business operations and even day-to-day routine.

  1. He can carve the New Way for Success

Steve Jobs once said, “We hire smart people so they can tell us what to do”. Though, lot of people just want to see their employees nodding at every word they utter, great managers and true leaders appreciate the honest employees and team members.

When it comes to mentoring, a professional business coach can help you put the pieces together for you and help you to pave way for success and more revenue in your business.

Building a business is tricky, especially if you are starting. One of the biggest pros of hiring a business coach is that they will help you to stay on the right track. If you are looking to hire the best business mentor, there is no better choice than Dr. Vivek Bindra.

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Powerful Personalities

The Best Business Coach In India

Best Business Coach in India
Best Business Coach in India

Summary: Do you want to achieve success in your business?  Here is why you should hire a Business Coach!

A business coach has the ability to turn a business around, increase sales, structure and implement relevant strategies, basically use his expertise and help you cross milestones in your business.

Regardless of what stage your company is at, a business coach can make your trade grow 10X. There have been so many entrepreneurs and small business owners who have worked along a business mentor and got amazing results.

Though Business coaching impactful in every scenario, it works best in two scenarios-

1. When a business owner wants to reach to a wider audience and increase its customer base.

2. There is a gap between where the business is currently, and where it needs to be.

However, building a business from the scratch is not easy. An entrepreneur who might have a wonderful business idea may lack excellent strategizing skills. Here, a business coach who excels at launching start-up businesses can help.

From making strategies to maintaining sheets, when a business is at an initial stage, entrepreneurs have to play multiple roles. It is natural for entrepreneurs to get overwhelmed by the humongous amount of work. Hence, they lose their focus that is essential to make vital decisions to run a business successfully.

From giving a genuinely necessary self-image and ego check, a business mentor can give you both the devices and the viewpoint to go from point A to point B.

There are multiple areas in which a mentor can assist business owners. Some of these issues are:

  • Lack of direction
  • Unable to pitch & close deals
  • Irregular income
  • Deficient benefits and profits
  • High Attrition Rate

Organizations that experience the ill effects of any of the above should take the advice and services of a business mentor. Many successful organizations have used a business guru and coach as their secret weapon.

Let’s discuss a few points about how a business coach can help you in success:-

1. Motivates & Support you to Achieve More

When you have somebody who keeps a stock of what you’re doing, you will feel empowered and confident in your own skin. You’ll be flabbergasted at the things you can achieve. Having an emotionally supportive network around you or hearing a couple of inspirational statements can lift your spirits when you’re down.

Being an entrepreneur means having your own experiences of ups and downs. With everything going on around you, it can get overpowering, disappointing and even desolate at times. A business motivational speaker will be there in a jiffy, helping you make that next stride towards progress.

The crux of the matter is to arrive at a spot where you have all the instruments in your toolbox to deal with the problem. To reach such a stage, a mentor can be a great support system. Dr. Vivek Bindra who is a renowned business coach and Motivational Speaker  have changed the fortunes of many entrepreneurs through his insight and wisdom and has helped them do some extraordinary work

2. Helps You Build Connections

The more you are associated with effective people, the more you will succeed. Besides the other incredible focus points mentioned in this article, a business coach can help you build meaningful connections. With their years of experience, they can also help you with networking. They know you and how you respond in a particular situation. You will be on top of mind recall when the fraternity knows who is associated with you.

3. Helps You Set Realistic Goal

Without having an aim or a single goal no one can make progress. Without an objective life is directionless. On the other hand only setting goal is not enough. One has to work hard to achieve it.

The best business coach in India can help you set realistic objectives as well has achieve them. You as an individual should be certain that you need to chart out a goal and spell it out clearly. Any top business guru will make sure you keep attempting it till you succeed.

4. Pushes You Out of Your Comfort Zone

They challenge you to attempt new things, think big, hop higher and truly go for what you need. Bold objectives are the ones that alarm us to death, yet for an accomplished business mentor, they know exactly how to chart the path to realize them.  At that point, once you arrive at those insane objectives you’ll feel powerful and certainly soar high!

5. Helps You Take Ownership for Your Actions

A top business guru can do wonders for highly occupied business owners. As you run a developing association, things can get intricate; you get going and then something happens that pushes you off things. This is when the best business coach in India steps in. You will be made responsible and accountable for accomplishing certain tasks, and this by itself will make you progressively powerful.

A top business coach will assist you with organizing your business such that it will empower the whole system to give fruitful results keeping your psychological and physical wellbeing in mind.

With the innovation and technology available today, you can take care of your personal well-being and give the best to your business at the same time.

When you discuss your alternatives with somebody who can listen patiently, it can give you a great deal of clarity. You’ll generally get honest and productive perspectives.

Advantages of working with the best business coaches:

  1. Increment your marketing adequacy and sales transformation to develop your revenue.
  2. Improve your cost administration and grow your profitability.
  3. Increase the level of consumer loyalty which can fuel word-of-mouth promotion and guarantee continuous income for your business.
  4. Draw in, oversee, and hold up the quality employees.
  5. Make productive and compelling frameworks which will bring about smooth operations.
  6. Create procedures and systems with the objective that you gain feedback about your business execution.
  7. Explain your vision and purpose and take care of your business dissatisfactions
  8. Recognize and make the most of opportunities
  9. Explore a changing business sector or economy
  10. Create and refine your thoughts
  11. Become progressively responsible
  12. Structure strategies and devise an action plan
  13. Become a progressively powerful leader

Maintaining & running a business alone is an intense task, and can be difficult at times to manage effectively. Like on the personal front, you need your family, your partner or friends for support similarly for running a successful business, you must have a business mentor.

Hiring the best business coach in India is an important asset you can rely on and look up to when you need direction for your business or even a friendly ear. Dr. Vivek Bindra, a Guinness World Records holder for the largest online business lesson believes that the right guidance can not only change your business outlook but also your perspective of running it.