Poor communication skills can hamper your business growth in the long run Here are some ways you can improve your communication skills to become more effective as a leader in business and in life 1. Be an active listener Most people do not listen with the intent to understand; they listen with the intent to […]
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When you look for partnership in your business, you are looking for a multi-year journey Here are six questions, allowing you to uncover potential issues, shared strengths, and weaknesses You should be able to decide whether these people are good to start a company with 1. What are your goals for this project? It’s important
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As your business scales to your first seven figures, it’s a function of effort and hustle CEOs should think of their company’s growth and move things in that direction Here are some things that they need to do to keep scaling: 1. Taking advantage of opportunities that don’t fit your core business Carefully pick opportunities
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There are a lot of people dreaming about what successful entrepreneurship will be like after the pandemic A lot of employees are quitting their jobs and becoming entrepreneurs too While this is a good dream, for many it is just a dream that will never be a successful endeavour One reason why most people fail
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An entrepreneur can create a progressive culture that encourages their employees to do be a leader Only having some business values or mission in company culture is not enough Developing a strong culture is necessary to motivate employees which creates better performance for the company An entrepreneur is the founder, who builds and grows their
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Rules Of Building A Scalable Business The most basic questions for any business to answer are – “Who is my customer? Scalability is not possible if everything is dependent on the entrepreneur If a system is not simple, then it is not a system. Entrepreneurs are the lifeline of any nation’s economy. There is no
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How to Think Beyond a Crisis Leading a team and satisfying customers isn’t easy in a crisis. Here’s how three chief financial officers did it — and what practices they’ll keep in the future. Give your customers a break: Square decided to refund software as a service (SaaS) fees to its customers in March and
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In June of 2020, the company announced that it would invest $400 million over five years to support Black businesses and communities and increase Black representation at Pepsi. The company was also still working on other goals, including aiming to spend $272 million with Hispanic suppliers by 2020. Simeon offered advice for other companies seeking
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Empathy: An Everyday Habit For An Entrepreneur An entrepreneur comes with his/her own history, beliefs, values, and context. Empathy is an important core value that can complement the unlearning and relearning cycle in the entrepreneurial journey As an entrepreneur, one comes face to face with thousands of challenges on a daily basis, every element of
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Starbucks raised their beverage prices by an average of 1% across the U.S, a move that represented the company’s first significant price increase in 18 months. Starbucks claims the price increase is due to rising labor and non-coffee commodity costs, but with the significantly lower coffee costs already improving their profit margins, it seems unlikely this justification
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