Updates from June, 2010 Toggle Comment Threads | Keyboard Shortcuts

  • Renee: CEO Coach & Management Specialist 3:50 pm on June 15, 2010 Permalink | Reply
    Tags: concepts, , , know how, knowledge, , , , ,   

    What Do You Know About Business? 

    You might say:”I know what I know and that’s all that I know”. So do you know a lot or a little bit about business? Depending on your level of business knowledge, sometimes you have to branch out and learn a lot more than what you already know. Developing & improving your business know-how or knowledge can benefit you greatly. The more that you know about business and your niche, the more of a competitive advantage you’ll have. There are many ways to be successful in business. But you need staying power, sustained success and it’s all about the knowledge that you have & how you implement what you know.

    So what do you know about business?

    Take advantage of what you do know, use it to plan better, develop new strategies, set new goals etc… For what you don’t know learn more about it such as strategy, planning, marketing ,your niche, business matrix, change, decision making, six sigma, take a training class, learn from other professionals etc…. Research and education is a continuous process in business. Once you gain the knowledge that you need, don’t stop, learn more. The more that you know the more you grow, especially if you implement what you know.

    Take the knowledge that you have and manage it correctly. Make notes, plan and set goals. You could look at it as knowledge management.  The goal of knowledge management is sustained individual and business performance through ongoing learning, unlearning and adaptation. Knowledge can play a crucial role in gaining competitive advantage. Knowledge Management is a branch of management for achieving breakthrough business performance through the synergy of people, processes, and technology. Its focus is on the management of change, uncertainty and complexity.

    Having an elementary or basic business know-how is very important. Once you have that down packed, then you can build off of that and develop a better business. Knowing about the basics can enable you to better plan and manage your business.  The basics can help you to better manage your finances & budgeting, arrange and run meetings and hopefully make good profits. You should at least have a basic understanding of how business works and the basic concepts of different business strategies. For the life of your business you’ll need to continuously educate yourself.The old saying that knowledge is power is so true in today’s business world.
    Your business acumen or knowledge is a concept pertaining to your knowledge and ability to make profitable business decisions. Developing business acumen is fundamental to your business alignment. It’s a basic understanding of how your  business makes money. Business acumen is gained by knowledge and can be gained by reading, studying & doing. It’s not about working harder, it’s about working smarter. By working smarter and using what you know, the world is yours.
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    • miguel araujo 4:15 pm on June 15, 2010 Permalink | Reply

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    • Software Development Outsourcing 7:59 am on October 25, 2010 Permalink | Reply

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    • ups manufacturers in delhi 7:18 am on November 28, 2011 Permalink | Reply

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    • karl 11:28 am on December 16, 2011 Permalink | Reply

      Interesting topic.

  • Renee: CEO Coach & Management Specialist 6:00 am on June 13, 2010 Permalink | Reply
    Tags: bookkeeping, , control, cutting costs, , , , , Money Management, save money, ,   

    Hey, StartUp…It’s Time To Add It Up 

    Sometimes for many startup businesses they make many mistakes. Start your small business with low startup costs that you can control. Sometimes some entrepreneurs are in such a hurry to get their business going till they don’t add up the cost to start a business or maintain their business.

    They just dive right in.

    Is that you?

    It probably is.

    So hey you startup biz…it’s time to add up the cost to be the boss.

    You need to learn how to manage your money, track your expenses, startup costs & maintain a budget. If you don’t know how then get help from an accountant, bookkeeper, financial expert or software for bookkeeping or money management. You might even find some free sites on online for money management. If you want to be in business any length of time then it takes money to maintain that business, even if it’s a virtual business. I’m not an accountant, bookkeeper etc….but I do know about business and how to maintain one.

    There is so much that you need to know about maintaining a business and starting up one. But today we’ll focus on start up costs and maintenance costs. Entrepreneurs need adequate monetary support in order to create and run a small business. So where are you going to get it from? Could you get financial assistance from: self-financing, loans from bank, friends or family, private stock issue, partnerships, venture capital, credit cards etc…

    You have to set up your new business the right way to help develop a strong foundation for future growth. Many times that begins with money.There are thousands of tasks that every small business owner must consider and do in order to set up a new business.It is imperative to manage your cash flow throughout the life of your business. No matter what the economy looks like.

    If your cash flow gets out of control or mismanaged, that’s when you’ll want to call it quits or wonder what went wrong. Then as a small business you might want to start filing for bankruptcy. That’s not good, especially when you could have just done things right in the first place. Track your sources of capital and expenses. Like I just stated, if you can’t do it alone then get some help. However, you need to plan wisely and assess your available resources in order to start a low-cost business.

     
  • Renee: CEO Coach & Management Specialist 4:10 pm on June 11, 2010 Permalink | Reply
    Tags: , , , , leadership, , , mindset, organizing, , ,   

    Do You Have A Leadership Mindset? 

    Leaders possess innate personal qualities that distinguish them from others. The difference is rooted in mindset. Leadership is a journey and can be challenging. You can work at it, and you can get better if you develop the skills. Great leadership is needed in a start up business & daily management. Mismanagement and the lack of leadership are routine causes of business failure. You must apply yourself & demonstrate enough leadership to succeed. A great leader is a thinker & planner. Someone who will think through his actions before making a move or providing a solution. Someone who is prepared to get things done and when an urgent need arises. Traditionally many people think of leadership as the skills, qualities and behavior of an individual who exerts influence over others to take action or achieves a goal using their position and authority.

    You may think talent, rather than hard work, is the fundamental component of leadership success. It’s little of both. Sometimes you might be scared to face a challenge because you are afraid of failure. But that’s what a leader does, they face challenges head on. You can (& should) learn from challenges & mistakes. A challenge is an opportunity to learn and do better next time through a step by step process.

    The more experience that you gain and the more successes that you have, the more likely you are to believe there’s not much left to learn. That’s highly incorrect. There is always something to learn & improve on.  As time goes by things will change. Are you ready for the change & challenge? A great leader is.  If you cannot manage your personal affairs then managing others, a business or projects could be even more difficult.

     
  • Renee: CEO Coach & Management Specialist 7:06 pm on June 4, 2010 Permalink | Reply
    Tags: , business goals, goal setting, , , , small business strategic planning, strategic planner   

    Setting Goals Is Imperative For Your Business 

    Setting goals is imperative for you business or projects as well as the follow through. In a business or project you should have long and short term goals. To help you set the appropriate goals, you must know what is important for you to accomplish. You need to have personal goals as well as business goals because a business is a big part of your life.

    Setting goals for you business is important and a big part of your business strategic planning. Strategic planning is a management tool for you to set and record the direction of your daily, monthly or quarterly business management. Setting goals is a part of the management of your business and gives you a road map to follow. It can be adjusted as time goes by.

    The implementation part is the MOST important part of reaching your goals. You just can’t set goals and not take action. Because if you do then you are just wasting your time planning goals. Get started, start writing things down. Brainstorm, do some strategic thinking & find out what it is that you really want to do or achieve.

    Write down your goals to have a record of them. If you can’t do this alone then get help in this area. You must set specific and clearly stated goals. If you do not have clearly stated goals, your efforts will lack direction and focus. You’ll be all over the place trying to achieve something. Then you’ll never be able to achieve success in your goals. You’ll just end up doing things half way, you’ll have no structure & no guidance. That doesn’t do you any good and that’s bad for business. It could mean the end of your business or you’ll have to restart things when you could have just done them right in the first place.

    It all begins with planning and goal setting. Strategic planning and goal setting is great for the start of your business and regular management of your business. You need to have the will power & determination to get through things & set the right prioritizes. If not, then get help in this area, get a mentor, business consultant, strategic planner or coach to help you along.

    Goal setting is a powerful process for thinking about your ideal future and for motivating yourself to turn your vision of the future into reality. By setting sharp, organized, clearly defined goals, you can measure them and take pride in the achievement of those goals. GET STARTED TODAY!!!!

     
    • Gucci Shoes 9:24 am on June 8, 2010 Permalink | Reply

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    • Buy Zenerx 11:52 am on June 11, 2010 Permalink | Reply

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    • Kowaken 6:00 pm on July 21, 2011 Permalink | Reply

      Best way to success in business is to have Strategic Planning. Nice post.

    • Brazil land investments 12:48 pm on April 19, 2012 Permalink | Reply

      Yes, goal is an important element for an organization or projects as well as anything in life. In an organization or project there should have strong goal. Also it is significant to have personal goals as well as organization goals because organization is a big element of your way of life. Rationally it leads you to an easy drive.

  • Renee: CEO Coach & Management Specialist 3:17 pm on June 1, 2010 Permalink | Reply
    Tags: , , , , , micro business, ,   

    Do You Have A MicroBusiness? 

    Many times a person or entrepreneur has a microbusiness and don’t even know it. A microbusiness is usually defined as a business with a single owner/ operator or by having less than 10 employees or people operating the business. Some government agencies state that a microbusiness has less than 25 employees or people working in the business. A microbusiness and small business are interchangeable terms. They’re sometimes seen as one-in the same.  Microbusinesses are currently the fastest growing segment of the business population. A large population of business growth stems from microbusinesses.

    What many microbusiness owners don’t know or fail to realize is that they too, can reap great benefits from onshore outsourcing. Onshore outsourcing isn’t a bad thing, it’s a great thing. It involves you partnering up, reaching out to others & leveraging the resources of other to help you operate or improve on your business or projects. Which makes for a better business & a great way to operate your business.

    Many times a microbusiness really needs to invest in onshore outsourcing. As a microbusiness you can’t do everything alone. You should outsource & partner up with a business management company and get an online business manager. Many times an online business manager can help your business to prosper and grow by helping you to lighten your load so that you can be more customer-focus, you can get out and network more or do more of other things that you love. All at the same time while keeping your business operations running smoothly.

    An online business manager or business management company can:

    • help you with marketing, daily business operations/ tasks, project management
    • strategic planning (small and micro businesses NEED strategic planning)
    • help you with strategic thinking
    • help you with business planning, business growth strategies

    So basically getting a virtual or online business manager for your business or projects would be a smart business move. Which helps you to release some of the chaos that you have in your business and provide you with greater focus. You really need to focus in business. By choosing onshore outsourcing and better business practices helps you to develop a greener business and improves your business. As a small/ microbusiness entrepreneur you need all of the help that you can get.

     
    • Kowaken 5:58 pm on July 21, 2011 Permalink | Reply


      Nice article well thats true, most of the people now are business minded and having their own running business and for them to know how to handle and explore things to market their businesses. I can Suggest using remotia.”

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