EXPECTING BEST

Leaders who expect the best from themselves and others are able to deal effectively with challenges and issues. Limiting negative beliefs and expectations about themselves increases productivity and innovation. However, positive attitude is not going to drive results without a reward. There needs to be an incentive to get the required results. For instance, if…

CELEBRATE FAILURE AND ACHIEVEMENT

CELEBRATE FAILURE AND ACHIEVEMENT Firstly, Happy New Year in Advance. I have known, All successful people have failed at some point in their lives. Failure, or lack of success, is a learning experience. To create a passion-driven team, team leaders must teach their team members to move forward and learn from their mistakes. While many…

MEETING EFFECTIVENESS

MAINTAINING A BALANCED DIET OF MEETINGS Team leaders must schedule the right amount of meetings in order to move their teams forward without weighing them down. Meetings are meant to keep a team healthy and growing, to keep people on track with company goals, and to help the team increase efficiencies and effectiveness. There are…

ASSESSING THE RISKS, ISSUES, AND REWARDS OF ENTREPRENEURSHIP

The most critical aspect of assessing whether to become an entrepreneur is assessing the trade-off between the reality of the risks of starting a business and the potential rewards, including: *Quantitative risks and rewards, such as the money invested in the business versus the potential money that can be made. *Qualitative risks and rewards, such…

LEARN FROM THE CORPORATE WORLD

While would-be entrepreneurs are often eager to leave their 9-to-5 jobs, Basso’s advice to them is: slow down. Full-time jobs offer the opportunity to sharpen skills, learn new systems and procedures, and network with people who may become valuable contacts down the road. Future entrepreneurs can think of the corporate world as a “live lab”…

TAKE SMART RISKS

When launching a new business, entrepreneurs may have to take such risks as leaving a full-time job or using their own money as startup funding. While entrepreneurs tend to be highly tolerant of risk, they do not have to be daredevils to make it big. The key to success is to take smart risks. Entrepreneurs…

WINNING PEOPLES CONFIDENCE

WIN PEOPLE’S CONFIDENCE Successful entrepreneurs know that their reputations are their most valuable assets. But the digital age of seemingly endless social interaction has made protecting this reputation even more challenging than before — just as quickly as a business can be put on a pedestal, it can also be taken down. The key is…

THE ENTREPRENEUR’S JOURNEY

Before an entrepreneur starts building his set of eight power stories, he needs to map out his entrepreneur’s journey, the core story from which the others can be drawn from or built upon. This journey is closely related to a story format that has held audiences rapt for millennia: the hero’s journey. From Homer’s The Odyssey to reality shows…

EVERYDAY ENTREPRENEUR

Many people dream of opening their own businesses, but the entrepreneurs who succeed know how to calculate the risks involved, win investors’ confidence, and persevere through trying times. While many entrepreneurs are born risk-takers who have entrepreneurial role models on which to rely, others must learn how to make their own way. In The Everyday Entrepreneur,…

IQ IS ONLY THE BEGINNING

Entrepreneurs and business builders do not need to be geniuses. As long as they have a baseline level of IQ, what matters is a good mix of the four different types of Business Smarts: Book Smarts, Street Smarts, People Smarts, and Creative Smarts. Each plays a role in pattern recognition, the key to early perception…