Tag: Business Goals

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Motivation & Mind Control Strategy

5 Ways To Work Efficiently In Teams At Workplace

5 Ways To Work Efficiently In Teams At Workplace
5 Ways To Work Efficiently In Teams At Workplace

Summary: Success needs collaboration, communication, and people. No one has ever succeeded alone. But sometimes managing different people from distinct backgrounds can be a little tricky. Discover 5 ways to work with people, efficiently.

Clarity and kindness can go a long way when it comes to building and running a startup business successfully. While your business idea might begin in your head, to materialize it, you will need a highly efficient team. Even if you are working in a corporate world, teamwork is an essential skill.

So if you are someone who wants to get along with people at your workplace or looking for easier ways to build the high-productive team for your startup business, here are 5 ways:

1. Provide Constructive Feedback

Working in a group when the deadline is reaching nearer can get difficult. Conflicts are inevitable in that situation. So instead of getting caught up in a useless argument, focus more on a solution. When two people are working together, disagreements are pretty normal. So instead of focusing on the negative part, bring an actionable solution to the table that helps take things forward.

2. Appreciate & Give Credit

If someone has done a commendable job, acknowledge and appreciate the. But do not limit it only to the team. Do it when you are talking to your investors as well. Appreciation makes individuals valued and more invested in the company.

You can also organize a wall of fame or Rewards & Recognition ceremony where team members get rewards for their efforts and get a shout-out from their fellow team members can be a great way to thank your colleagues and subordinates. When people feel demotivated and exhausted, a concrete memory of successes can help them keep going.

3. Be Accountable for Your Mistakes

If something goes wrong and it`s your fault, be honest and accountable. The first step to finding solutions to a problem is to accept it, be upfront about what happened. While your first impulse might be to underplay it and sweet it under the rug, avoid doing it like a plague. Don`t try to blame someone else, as it will only cause more problems.

4. Understand Your Strengths

Being aware of your strengths and weaknesses can make you more efficient and productive. Before taking up a new project with a different team, you must take inventory of the strengths and weaknesses of your teammates.

5. Stick to Schedule at all cost

Emergencies can throw everything off the table and can catch you off guard. So from the start make some ground rules with your team, such as for how long a meeting will last and how often will those meetings happen. It is easier to get pulled in all directions instead of focusing on one thing. Figure out how people like to communicate and talk things out. Whether short meetings or long meetings are perfect, or would you rather do an email or chat update at the end of the day.

It makes sense that you would like to finish up work that is been delegated to you, but sometimes to finish work on deadlines, you can ask for help from your peers. Once the word is done, acknowledge them for their help and say thank you.

Gratitude always goes a long way and when you are working in a potentially stressful situation, it can help you to build an amicable environment. The above-mentioned 5 things will help you to work with people most efficiently and will bring productive results.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

Get your business back on track. Grow through self-learning and see your website traffic increasing with marketing collateral designed especially for you. To know more, visit: www.badabusiness.com

Categories
Strategy

5 Golden Rules For Personal Branding

5 Golden Rules For Personal Branding
5 Golden Rules For Personal Branding

The importance of digital leadership and personal branding for entrepreneurs and startup businesses is not a secret anymore. How you appear online has increasingly become important for brands as more and more personal and professional interactions have become increasingly digitalized.

So when it comes to how you present yourself to your potential customers digitally, you need a personal brand. However, creating a personal brand can be a tedious as well as a daunting task. And more often than not many entrepreneurs can get lost in the process because they have no idea from where they should start.

Whether you are a professional or an entrepreneur who is looking to find a niche audience, personal branding is necessary. Why? Because to ensure that your brand reaches some new faces every day, you need an active audience.

So if you are a young entrepreneur or a small business owner, chances are that you already have established your brand. You have a full-blown website and social media strategies in place. Here are 5 golden rules for you to create a unique, engaging, and inviting personal brand:

1. Focus

When it comes to press and coverage too many people lose focus when they try to be everything to everyone. Entrepreneurs need to decide what their key message is and stay stick to it. When you focus on your key message for your target demography, it will be much easier for you to both create content around your brand and have others define you. To learn more about personal branding, you can also pursue online business courses for entrepreneurs.

2. Be Authentic

The easiest way to have an original personal brand is to be authentic and genuine. Consumers today have that sense see right through a disingenuous act. Do not copy your competitors. Be a master of your craft, skillset, or industry before starting your brand. Your content should be an easy daily filter for your audience. Try to engage your audience with meaningful content on social media platforms. If you are deeply skilled in one area, your reputation alone will contribute towards building your brand.

3. Tell a Story

If your brand does not have a story to tell, you have already lost half of your prospective customers. The most personal branding strategy in today`s world is to build a true narrative. It is boring not just for your customers, but also for your brand.

Many entrepreneurs often ask why? The answer to this question was beautifully given by the best motivational coach in India– Dr. Vivek Bindra who says, “no wants to hear you brag about your product or services. Customers want to know the interesting story behind the brand and want to have an awesome experience by associating with your brand”. To create a story around your brand that can engage the audience on a deeper level.

Dr. Vivek Bindra often interacts with his audience during seminars and other events, further developing his brand.

4. Be Consistent

Consistency is the key to build a successful personal brand. Entrepreneurs must understand that having a narrow focus gives them the ability to cultivate expertise. It becomes easier to get recognized for one topic if you consistently create content and brand voice around it.

Be it online or offline, you must ensure that your brand voice stays consistent in terms of gravitas, communication, and appearance. Do not underestimate how tiny inconsistencies can derail personal brand effectiveness.

5. Be ready for failure

Failure is hard! It’s human nature to generally want to avoid it. But, if you want your brand to rise above the rest, it is essential to encounter failure. Entrepreneurs must learn that the road to success goes through a halt of failures while pushing past their comfort zone. If you hire a business motivational coach he will make you realize that the best brands always come from repeated mistakes and failures. Instant perfection is limited to only instant noodles.

Walt Disney often spoke about his first failed attempts at creating an animation brand. He said, “I think it’s important to have a good hard failure when you’re young. I learned a lot out of that. Because it makes you kind of aware of what can happen to you. ”

The biggest mistake that any entrepreneur can make is to separate their brand from their personal life. The best strategy when you are trying to establish your brand is to have your actual lifestyle and brand being on the same page.

We know what you are thinking! The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals we are offering an ‘Entrepreneurship Course’.

Categories
Motivational Strategy

5 Benefits Of Goal Setting To Fulfill Your Entrepreneurial Dream!

5 Benefits Of Goal Setting To Fulfill Your Entrepreneurial Dream!
5 Benefits Of Goal Setting To Fulfill Your Entrepreneurial Dream!

You cannot improve what you don`t manage, and you can`t manage what you don`t measure. This is why goal-setting is important in life!

Goals are like oxygen! They help us to take forward in life. They give us a purpose to get up out of bed every morning and give us hope to go to sleep and look forward to the next day. Goal-setting give us the first step to every journey and make our lives meaningful.

Much has been written about goal setting. We all must have come across at least once in our lifetime, where we were taught to define a clear goal in our lives. So in this article, we won`t bore you with yet another manual on how to set goals.

However, we will tell you the importance of goals in life and how they can help you to achieve a whole new perspective towards your life. We all know that setting a defined and clear goal helps to build self-confidence. It helps to increase productivity. But, are you aware of the science behind it that why setting a goal helps us to focus?

Most people only follow the philosophical theory of goal setting without understanding the science behind it. The beauty of knowing ‘why’ something works can be beneficial in two ways:

a). it makes you more willing to embrace it.

b). it makes you more informed, which makes you more receptive and enables you to make decisions.

For instance, we all can surely think about a company policy, business ideas or a meeting memo that could have been more effective had you known more details regarding it to make better, informed decisions. Watch video on Goal Setting and Importance of Goals in life here:

Here are five ultimate benefits of goal-setting that will help you gain focus and achieve your dreams:

  1. Goals act as Catalyst

Goal setting is the ultimate motivator, and that`s why it is important. Having a clear, compelling goal fuels the passion to acquire that goal, and mobilizes your focus toward actionable behavior.

Many people confuse the concept of having a clear and main goal. For instance, Vishal has the goal of saving money to purchase a new car. But he does not have a clear idea, which type of car he wants to purchase. Then this is not a clear goal.

If Vishal says that he wants to save 6 lac by the end of the year to purchase, let`s assume a swift desire, then now he has a mental cue that will stimulate his focus and motivates him to start saving funds.

  1. Goals Improve Focus

The importance of goals in life is such that when you decide on an aim, you naturally direct all your attention and focus towards the next step. It gives you a sense of the right direction to your life, which forces your action, and your behavior to follow it.

Not many people believe it, but it`s true that whatever the mind believes, the body achieves. You can listen to many motivational videos that teach you the best way to set goals and meet them.

  1. Goals sustain Momentum

Seeing progress does not matter how little, is addicting. No kidding, it is. If you are wondering why then let us throw some light! Once you have achieved something and your progress is visible, your brain releases a hormone called dopamine that creates a sense of achievement.

Just as a snowball grows in size as it rolls down the hill, momentum works the same way. So, if you have business ideas on which you are working with a fixed goal. Whatever you are doing to achieve that goal, once you gain momentum, you will never want to stop because you achieve a flow, which is the optimal state of mental performance.

  1. Goal setting aligns focus with behavior

When you receive constant feedback on your progress, setting goals helps you align focus with behavior. The choices you make, the actions you take- or avoid- give an insight into your beliefs, challenges, values, strengths, and weaknesses which allow you to take necessary steps to correct, and reset your goal achievement strategy. This gives you a clear agenda about how to meet your goals by selecting the best course of action.

  1. Goals Build Character

One of the major reasons why there is so much importance of goals in life is because they build character. When you achieve a goal, it enables you with a sense of achievement that ultimately boosts confidence and helps you build character.

The entire process of goal setting is essential because it helps to unearth and identify what is truly important to you. Whether it is professional or personal goals, to learn more about setting goals, you can either watch the video or take the help of the best corporate trainers in India.

Pursuing your goals is the real money-maker because it builds self-efficacy. It transforms your personality into someone who can achieve goals.

And like we said in the beginning, it is tough to manage what you don`t measure, and you can`t improve what you can`t manage. So start with goal-setting, today!

You can invite one of the best corporate trainers in India- Dr. Vivek Bindra to motivate your employees and give them a strong purpose to show up to work every day. If you are an entrepreneur and lack motivation due to business challenges, you can take our Entrepreneurship courses that will help you create a breakthrough from your burning problems.

Categories
Finance Startup

Why Do Investors Invest in Startups? Here’s How Investors Add Value to Startups and Help Entrepreneurs

Startups and Investors (Photo Credits: Pexels)

For any business to flourish, there needs to be good investment and planning that will help the firm reach its target audience and go beyond! Here’s where the role of an investor comes into picture. An investor puts capital to use for long-term gains, while an entrepreneur seeks to generate profits by using those funds. Thus an investor is a crucial aspect for any startup, who typically generates returns by deploying capital. Investing in startups is a risky proposition. However, the low requirement for overhead capital along with high upside potential, makes it lucrative for the investors to put their bets on startups.

Basically, an investor is a person that allocates capital with the expectation of a future financial return or to gain an advantage. An investor can choose to invest in-equity, debt securities, real estate, currency, commodity, token, derivatives such as put and call options, futures, etc.

According to the official website of Startup India- startupindia.gov.in, investors particularly venture capitalists (VCs) add value to startups in a lot of ways. Some of them are listed below:

  1. Stakeholder Management: The investors are the ones who manage the company board and leadership to facilitate smooth operations of the startup. Moreover, their functional experience and domain knowledge of working and investing with startups imparts vision and direction to the company.
  2. Raise Funds: Investors are best guides for the startup as they help to raise subsequent rounds of funding on the basis of stage, maturity, sector focus etc. The investors aid in networking and connection for the founders to pitch their business to other investors.
  3. Recruiting The Best to Achieve Business Goals: Finding great talent and best-fit human capital is critical for startups, especially when it comes to recruiting senior executives to manage and drive business goals. The venture capitalists, with their extensive network can help bridge the talent gap by recruiting the right set of people at the right time.
  4. Proper Marketing of the product: The venture capitalists (VCs) assist with marketing strategy for your product/service.
  5. Merger and Acquisition (M&A) Activity: VCs have their eyes and ears open to merger and acquisition opportunities in the local entrepreneurial ecosystem to enable greater value addition to the business through inorganic growth.
  6. Organizational Restructuring:As a young startup grows to an established company, they help with the right organizational structuring and introduce processes to increase capital efficiency, lower costs and scale efficiently.