Category: Business motivation

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Business motivation

7 Business changes That Every Entrepreneur Must Prepare For 2022

7 Business changes That Every Entrepreneur Must Prepare For 2022
7 Business changes That Every Entrepreneur Must Prepare For 2022

Summary: Since the pandemic has struck the world, the dimensions of business have changed. If small businesses want to survive, entrepreneurs must adopt changes to survive a post-pandemic future in 2022.

The economic landscape has changed dramatically over the past two years because of the pandemic. The dynamics of business have changed. The demands of the customers have changed. And, as the global economy is preparing for a post-pandemic future in 2022, small businesses need to adapt to the changing scenarios to adapt & survive.

Here are 7 changes that every entrepreneur must be prepared for 2022:

1. Purpose overrides Product Specifications

Having a defined goal and purpose is essential for a business to thrive in the market. Companies, today no longer exist simply to make profits. According to a report published in Entrepreneur by Deloitte’s 2022 Global Marketing Trends, having a purpose has changed from “aspiration to strategic priority.”

So consider why you are doing what you are doing. If there is a big idea or a problem they set out to solve, you can make it your purpose.

2. Understand Your Target Audience

Today, most successful brands and businesses make their customers the center of attention, whenever they are making an important business decision. Businesses need to understand their customer segments if they have to reach customers efficiently and cost-effectively.

Clarify your customer personas and divide them into the clear segment and allow your business to target each segment specifically.

3. Enhanced Customer Journeys

Marketing strategies are great, but they work only when you understand customer journeys. This simply means taking in all the conversations and interactions that your business has with customers. From the first time when a visitor visits your website, making a purchase, and navigating after-sales service- all are essential parts of the customer journey.

4. Make Marketing the center of your Growth Strategy

To secure the growth of your small business, marketing needs to be firmly at the center of your growth strategy. Over the past two years, many organizations due to pandemics have integrated marketing at the senior leadership level.

Forward-thinking businesses now have the opportunity to establish marketing at the heart of the company to ensure periodic growth.

5. Go Digital

If you are still relying on old and outdated marketing methods for marketing, it is time to go DIGITAL.  Utilizing technologies allows you to understand your customer behavior better. You can interact with them and discover the touchpoints that will help you to establish a more personalized experience with them. Depending on your product or service, you may even be able to deliver personalized products.

6. Multichannel Services

How do your prospective and loyal customers interact with you? Maybe you use chatbots, contact emails, or offer customer service. But, as more and more brands are increasing their brand presence online, your customers too expect a similarly high level of service across all the channels.

As all the channels are equally important, delivering a bad experience on a phone call not just leaves a negative impact on your team but also damages the customer`s opinion of the entire organization.

7. Mobility drives growth

According to Statista.com, “more than 50% of internet traffic comes from mobile devices”. And as the number of mobile devices continues to grow, this number also be growing year after year while desktop use continues to decline.

As a customer-centric company, you need to focus on delivering a mobile experience that is at least as good as your desktop-based website. Simple navigation, clear site-search options, and quick load times are key elements of successful mobile sites.

To grow in 2022, your organization must focus all of its efforts on building an enjoyable, customer-centric experience. This experience needs to be seamless across all touch-points and marketing channels. It becomes even more powerful with a clearly defined purpose at its core.

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 online course for entrepreneurs“ that comes with Foundation courses, specialized courses, and value-added courses.

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Business motivation

5 Ways To Determine Which Franchise Business Is Best For You!

5 Ways To Determine Which Franchise Business Is Best For You!
5 Ways To Determine Which Franchise Business Is Best For You!

Two years ago, Ram Prakash Misra from Kanpur decided to quit his job in a multinational company and start his own business. But, due to a lack of experience in starting something new from the scratch, he decided to consult with an old colleague who was thriving as a franchise owner of a popular food chain.

After a quick meeting with him, Ram Prakash Mishra decided to get into the franchising business, too. After four months, he says his career change has been a profitable one.  He now spends his time cleaning the ducts of air conditioning and heating systems. So, though Ram Prakash Mishra is happy cleaning air conditioners, it is not for everyone.

But, if you want to get into a franchise business, you are in luck. There are thousands of different types of franchise businesses that you can buy into at various levels of investment of both time and money. But, how would you determine which franchise business should you invest in?

Here is our ultimate guide to choosing a franchise business.

1. Choose the Right Franchise By Knowing yourself

Before you decide to jump on any franchise business opportunity, you need to first understand yourself. You will need to take more than just a step back to analyze your interests, requirements, and many other aspects of your personality. Be brutally honest and introspective about what you are trying to accomplish by buying this business.

2. Ask yourself what do you want out of a franchise business

People buy a franchise for multiple reasons. Ask yourself is this something you want to do out of the hobby? Will you want to make it a primary source of income? Are you looking to build equity? Would you eventually want to buy more than one franchise?

These questions might appear simple, but the type of business you eventually pick is the result of what you are trying to accomplish.

3. How much you are willing to invest?

You might have an idea or you might be contemplating on what type of business you want to get into, but calculating how much capital you are ready to invest will give you a clearer idea and a realistic sense of franchise opportunities that are possible for your budget.

Like any other business, you should not expect that your business will be profitable since day one. Also, loans will not be easy to come by. So make sure that you have enough money to live off while you get off the ground.

4. What is your exit strategy?

This is a common yet the most neglected question that potential entrepreneurs fail to ask themselves. It is important, to be honest about how long you would want to continue it. Is this something you would want to do for 4-5 years? Or is this something you will continue as a legacy? Having a clear answer is very important because different franchisors have different restrictions on selling to other franchisers.

5. How much risk are you willing to assume?

This is one of the most important questions; you must ask yourself before investing in a franchise business. Once you have reviewed your financials, you can probably get a sense of how much risk you can take. Some well-established franchises are working for many years and have a great record of franchising success, but they are not exactly on the cutting edge anymore. Similarly, many new companies are riskier, but they can potentially offer higher returns. By keeping your risk-taking abilities into your consideration, decide on investing in a franchise business.

A franchise business is a wonderful option for those who want to start their own business, but don`t want to begin from scratch. To decide and choose a franchise, you will need to evaluate the pros and cons of both of them. Hope the above-mentioned questions will help you discover and select the best franchise business.

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.

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Business motivation

7 Effective Ways To Earn More As A Freelancer

7 Effective Ways To Earn More As A Freelancer
7 Effective Ways To Earn More As A Freelancer

Summary: Freelancing makes it easy for so many professionals to choose the type of work based on their skills and interests that suits them the most.

In today`s corporate world, it has become extremely common for bright and extremely skilled employees feeling frustrated and stuck in their 9 to 5 jobs that does not give liberty to follow their passion and dreams.

Most often, they can be seen frustrated because of the lack of time for their personal growth. If you are someone who feels like they have little time and freedom to lead your life the way you want to, you can become a freelancer.

While freelancing has been a popular career choice, the pandemic has pushed it further to take the center stage. Irrespective of your profession or career field, freelancing gives an equal opportunity to everyone to grow.

One can work at his or her own convenient working hours without having to be a part of office politics and unnecessary gossip.

Working for your self has its own set of rewards however taking the first step towards it can be daunting. Many individuals step back from embracing freelancing because it may appear daunting to begin a new freelancing startup business.

1. Figure out the WHY

Starting a new venture may seem exciting, but if your goal is not clear behind it, you will not be able to sustain it for a long time. Do you want to become freelance because you are seeking work satisfaction or you are looking for a work-life balance? Is it a flexible schedule or you are doing it only because you want to increase your family income?

It is crucial to identify your goals and understand why you want to become a freelancer. So take some time out, introspect and find out the reason behind you becoming a freelancer.

2. Build an Effective Plan

As a freelancer, it is easier to get carried away by taking long breaks. While this could be relaxing for a short duration, in the long run, it can be detrimental to your career growth. To become a successful freelancer you should come out with a detailed plan of action and work according to that. You can also curate monthly, weekly, and daily plans of action by keeping your goals in mind.

It is also very important to keep realistic expectations and plans as disappointment will set in when your plans will not come to fruition.

3. Discover Your Key Strengths

“The greater are your skill sets, the higher prices you can ask for yourself in the market.” The second freelancing tip for beginners is introspection. Whether you will be a successful freelancer or not, depends on the quality of your skill sets. Focus your time on perfecting the skill sets that will help you to achieve your goal. Do not waste time imitating others.

Make a list that of your skill sets and write them down in the two sections- skills set that you use daily, and skills set that you don`t use daily. Sometimes the highest-paying skills are the ones, you don`t like the most.

4. Make a List of your Achievements

One of the best freelancing tips that you can ever use is to discover the achievement that you achieved in the shortest time. Find out that one achievement that helped you win money, new market, votes, awards, or perfect result when the odds were against you.

Finding your achievement can help you identify your skills and strength that will further aid to maximize your growth.

5. Identify Personal Traits

“I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” This famous quote of Bruce Lee says it all. We all have that one personal trait where we excel and no one can beat us. All you have to do is to identify it. Figure out whether you communicate well, have good leadership skills, problem solver, are curious, or remain positive and calm under a stressful situation.

These personal traits help to build a reputation in the market. And as we have mentioned earlier, a good reputation helps you to get more clients.

6. Make Your Online Presence Strong

The last freelancing tip is to create your business website and keep updating it with interesting blog posts associated with your brand, your niche market, and your latest work. Join forums and groups on social media specific to your niche and do not forget to leave comments.

7. Become a Specialist

Building your brand requires you to create an undisputable reputation by becoming a specialist in your field. Once you become an expert in your field, your market reputation will increase and more clients would like to work with you.

Look for skills and courses that can help you to enhance your portfolio. Dwell upon questions like which is the best way to build a website, how to make blogs more interesting, and how to gain more visibility?

Being a freelancer can give an air of freedom, however, it is important that you excel at whatever you do to get more clients. So, apply the above-mentioned 7 freelancing tips and you will see unbelievable success in your field.

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 at Bada Business offer an exclusive course Business Coaching Program. This unique course comes with a Foundation course, specialization courses, and value packs.

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Business motivation

How To Take Advantage Of 6 Digital Marketing Trends For 2022

How To Take Advantage Of 6 Digital Marketing Trends For 2022
How To Take Advantage Of 6 Digital Marketing Trends For 2022

Digital marketing is always evolving, but 2022 will be quite dramatic. Startup businesses and brands not only plan to keep up with the future of marketing but should also be prepared to make the most out of it.

Whether you want to be an influencer, or want to take your startup business to the next stage, here is a list of 7 top digital marketing trends to keep an eye on in 2022 and how you can use them to your advantage:

1. Meta is omnipresent

Facebook has changed its name to Meta. Meta is a term for virtual and augmented experiences. In simpler terms, it represents an interactive experience of a real-world environment, virtually. Creating a name for the parent company is quite logical and with that masterstroke, Facebook is betting big on the future of the web.

Pro Tip: This is the time when marketers should start looking for opportunities and experimenting for their businesses in these spaces.

2. Influencers continue to flourish

Influencer marketing is still a hot trend is set to reach $13.8 billion in 2021. This trend is here to stay and will continue to grow. The campaigns by influencers provide context and relevance since the influencer who is followed by millions of people is endorsing the brand. B2B brands will also continue to embrace influencers and many popular and high-end brands have harnessed this trend.

Pro Tip: Marketers should keep looking for opportunities to collaborate with influencers in their space.

3. Marketers get more strategic

As artificial intelligence, machine learning, and business automation have already reduced a lot of the grunt work of digital marketing, marketers need to keep up with the pace and become more strategic. The opportunities in digital marketing continue to grow.

Pro Tip: “What drives your business growth?” should be the primary focus of the marketers and they must think strategically about it.

4. LinkedIn is growing & will keep growing

LinkedIn in each quarter shows considerable gains in monthly active users and also in terms of engagements on the platform. They are continuously launching new features to provide more value and drive better results for businesses and pages.

Pro Tip: LinkedIn will continue to be a rising star in the digital space; hence, marketers should go all-in on LinkedIn.

5. SEO is more integrated

Search engine optimization is one of the oldest and most valuable forms of digital marketing. As search algorithms have continuously become smarter and more contextual, marketers are required to focus more on providing an outstanding and meaningful experience to their users instead of using hacks and tricks of SEO.

Pro Tip: According to the best business motivational coach Dr. Vivek Bindra, marketers should focus less on SEO and more on relevant and excellent user experience.

6. Websites get faster

Page loading time is an important part of any website`s user experience. And most often people let it slide for better designs, functionality or to add more content to web pages. If a user clicks on your website and it takes more than a few seconds to load, they are likely to leave your page. This will result in losing a potential customer and can cost you a conversion.

Pro Tip: Marketers ensure that their website is well optimized and responsive.

7. Less is more

The explosion of digital marketing options means that almost every brand wants to dominate all the platforms. However, smart businesses focus on dominating just one channel. Though it is easy to get distracted by new trends, the majority of the business growth still comes from the foundational tools in digital marketing.

Pro Tip: Don`t forget to focus on your strength and foundation.

If you are an entrepreneur and planning to establish a strong brand presence for your business, the above-mentioned marketing tips should be considered.

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.

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Business motivation

6 Profitable Business Ideas To Start In India During Holiday Season

6 Profitable Business Ideas To Start In India During Holiday Season
6 Profitable Business Ideas To Start In India During Holiday Season

Planning to start your own business in 2022? New Year is the best time to transform your idea into a beautiful reality. However, it is essential to take the new normal into account.

There are plenty of factors that make New Year 2022 immensely special due to the challenging times that we have faced this year. The world prayed for the current situation to get better, and the countdown to New Year brings a ray of hope and happiness to brighten up our lives.

Though in India, the festive season begins with the onset of Dussehra, Dhanteras, and Diwali, the country also celebrates Christmas in full swing. Most people take a break from their monotonous routine to celebrate it with their families. However, this time also offers several opportunities to start your own business. If you can create an exceptional experience with customers, we have a list of business ideas for you.

Check out these small business ideas that you can start with a little spin to make money during this holiday season:

1. Sell Room Heaters

With the northern region covered under the blanket of fog and chilly mornings, heaters are one of the most sold items during the winter season worldwide, and India is no exception. You can start your small startup business of selling heaters with low investment. You can also add distinct varieties of room heaters from home as well as from the store.

2. Virtual Party Planner

Considering the current scenario, most people will avoid traveling due to the pandemic and its new variant Omicron. But even this can be turned into an opportunity. Become a virtual party planner and help families by suggesting fun ways to plan and coordinate amazing get-togethers on video calls. Let your imagination go wild and come out with exciting games that can be played remotely.

3. Designer Crafts & Gifts Baskets

If you enjoy making someone`s day special, selling your personalized holiday gifts online can be a unique new year business idea.  You can also focus on decorated gift baskets with different themes. You can also provide a gift-wrapping service as the people love beautiful decoration. This business is very easy to start and you can operate this business on a part-time basis.

4. Flower Decorator

Becoming a flower decorator is another great startup business idea as people look for good quality flower arrangements. If you have the right skill, creative mindset, and adequate knowledge, it is the perfect time to start your own business.

5. Personal Trainer

Food is always the centerpiece when it comes to celebrations and festivals in India. From delicacies to desserts, people relish all kinds of dishes and cuisines amidst the fun, and laughter. People tend to neglect their health and some also gain weight due to less activity and more eating. So if you are into fitness then you might start your fitness channel on YouTube and share it with others.

You can also provide consultation to people who need guidance and support from an expert. This business idea is not just limited to festivals, but round-the-year, as people are becoming health conscious with each passing day.

6. Travel Planner

The holiday season usually involves people traveling out to exotic destinations to take a break from the year-long grind. These usually require a lot of planning and travel arrangements as most travelers want to go to off-beat destinations. So if you have an interest in making itineraries and making every vacation a memorable one, you can start your own business as a travel planner.

A travel planner is someone who takes care of everything. Flights, accommodations, car rentals, and a perfect itinerary are what you will have to plan for your clients for a fee. This also means that you must have knowledge of major locations and must be quick at researching unknown locations for your clients.

The end of the year 2021 can be fruitful for you if you can get the hang of the market and start your own business. If you are worried about how to run it successfully, worry not. With Bada Business`s Business Coaching Program you get handholding support from the experts and guidance from Dr. Vivek Bindra- the best business coach in India.

Bada Business offers an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses to help to meet your business goals. To know more, visit www.badabusiness.com

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Business motivation

4 Tips To Pitch Business Ideas Like A Motivational Speaker

4 Tips To Pitch Business Ideas Like A Motivational Speaker
4 Tips To Pitch Business Ideas Like A Motivational Speaker

Whether you are pitching a new startup business idea to an investor, presenting a new product idea to your client, or interviewing for a job, getting others to believe in you is essential to have a successful life.

But of course, it is often easier said than done. But if you want to be a successful entrepreneur you should work with the best motivational speaker in India. Working with them will teach you how you can sell your ideas even to the most difficult investors.

Motivational speakers are experts who have an impeccable ability to sell their ideas to a captive audience. It is also true that the people attending their seminars and events are primed to receive the message, but their on-point sales tactics make the difference between an average and a good conference.

Only great speakers can share a message that sticks with people. If you too want to become a pro at your entrepreneurial game, here is how you can do it:

1. Focus On Your Audience

The difference between a great and an average motivational speaker is that the farmer knows that it`s not about them, but their audience. Despite all the eyes focused on them, they keep their audience under the spotlight. This is why before delivering speaking; they take their time to understand the people whom they will be addressing.

Understanding their audience means knowing their challenges, problems, conflicts, motivations, and quirks. This may sound like a lot, however, it is vital. It gives you an idea of whom you are speaking and your message will reach the right people.

Similarly, whether you are trying to pitch a new idea to your investor, client, or boss, you must do your homework to understand their persona.

2. Use Inspiring Stories

An inspiring story can go a long way. And when it comes to selling your idea, it is crucial to have a compelling story. A successful business motivational speaker will tell you that visual aids and animated body language will only go so far. What will impress your clients, audience, investors or boss is an inspiring story.

The reason behind it is that when the information is shared in a story form, people remember the message more and for a longer time. They also help to establish personal and emotional connections with your audience. So if you want to sell an idea to potential customers or a niche target audience, make sure that it has the following three elements: a hook, a promise, and a payoff.

3. Build a Sense of Urgency

Human nature is amusing. People don’t want a thing which they need. They want to have scarce things. Creating a sense of urgency by limiting their availability is how motivational speakers create value. If you are an entrepreneur, you can create a sense of urgency or FOMO in various ways while pitching your idea. Most importantly your idea should be something that people actively want and will benefit from.

4. Be Authentic

No matter what you are pitching or who you are pitching to, customers demand authenticity. Don`t try to trick them, deviate them, or be insincere. They will see right through you and get disconnected in no time.

While you must tailor-make your message to your audiences, you must be comfortable with who you are. Be yourself and find your voice. Be quirky on the stage if that is what you are at home. Tell all those interesting stories even if they are embarrassing and personal. The best motivational speakers discover their uniqueness and learn to expose it with confidence in the public.

Selling your ideas is not just about flashy presentations or promising stars. It is purely about understanding your target segment and connecting with them emotionally. If you follow the above-mentioned advice, they will support your ideas- no matter how big or small.

Want to start your own business but don`t know what to do? Become an IBC (Independent Business Consultant) and earn up to INR 1 to 10 lakhs per month. What more? Get an opportunity to be recognized in Dr. Vivek Bindra`s world record creating mass digital webinars & Youtube Videos. Click here for more details: https://www.badabusiness.com/ibc

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Business motivation

How To Get Major Business Growth With Spiritual Practice

How To Get Major Business Growth With Spiritual Practice
How To Get Major Business Growth With Spiritual Practice

Summary: If you feel stuck right now in your startup business, spirituality can be your ultimate savior. Discover how renewing your spiritual path or adopting one might help you get back on track.

Many entrepreneurs think that spirituality has no place in the startup business. Tools that enhance productivity, charts, decks, and analysis are often promoted for business growth and success. But ask any good motivational speaker in India and he will give you a  piece of advice, “these are all very handy tools without any doubts, but they work only when you have the clarity, passion, and vision about your work”.

Building a startup business from the scratch and running it successfully is not a simple task. Sometimes, even the most successful entrepreneurs feel the heat and pressure to thrive in their business. Whether you are a solopreneur or an entrepreneur, you are the driver of your own business. And you have to be at your best; otherwise, it impacts the whole business.

For many entrepreneurs who find it funny to correlate spirituality with business growth, there have been multiple emerging researches that shows entrepreneurs` spiritual practices and their startup business growth are co-related. So could your business benefit from your spiritual practice?

“If you are stuck in your business right now, strengthening your spiritual practice or adopting one will help you to get your mind and business on track”, says Dr. Vivek Bindra, the best motivational speaker in India.

Here is a list of exercises that can help you to feel more at peace and grounded and result in major business gains:

1. JOURNALING

Journaling is one of the oldest techniques that still work like a charm in any scenario to date. Keeping a journal in a notebook or on an app on your phone can be helpful for entrepreneurs. When you write your thoughts on a piece of paper, it gives you a fresh perspective and helps you to analyze.

According to the best motivational trainer and business coach Dr. Vivek Bindra, entrepreneurs can keep different journals at one time. If you have never kept a journal or are confused about where to start, you can begin by writing freely about anything that is bothering you. Unleashing your thoughts on any given situation is always a good start. It will increase your awareness and help you to distance yourself from your thoughts and feelings.

2. OBSERVING

Many people associate mindfulness with meditation. However, it is not limited to just that. Mindfulness is also observing things as they are without any judgment. Create time to witness your emotions, thoughts, feelings, and actions as a third person.

For instance, if you are bothered with how you reacted in a certain meeting or with your investor, recall the entire incident as if you are watching a movie. Watch yourself reacting, as you might watch a child, and instead of criticizing, understand the entire situation with compassion. At the core, we all want to be understood and feel accepted even when we are running our startup business.

3. FOLLOW YOUR INTUITION

We all have an inner voice that keeps on guiding us provided we lend an ear to it. Have you ever had a “gut feeling” about something being either right or wrong without any logical explanation for it? That`s your intuition. The more you follow these feelings, the more connected you will feel with your inner self. Being intuitive engages your right brain where creativity, emotions, feelings, and inspiration reside. To become a successful entrepreneur keeping a good balance between being a logical mind and a creative mind is crucial.

There is a strong connection between the personal values of religion, spirituality in the life of the entrepreneurs, and the success of their startup business. With the above-mentioned three practices, one can attain clarity, focus, and more awareness. So why not start today?

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 marketing game back on track. Grow through self-learning and see your website traffic increasing with marketing collateral designed especially for you. Learn more here at: www.badabusiness.com.

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Business motivation

4 Vital Traits That Keep Businesses Relevant For Customers

4 Vital Traits That Keep Businesses Relevant For Customers
4 Vital Traits That Keep Businesses Relevant For Customers

Summary: Staying relevant should be the priority for the entire organization and not just one function, product, or service. Those that understand this stay in business while others fade into the sunset.

Since the foundation of growth and success for every business is staying relevant to their consumers, companies always try to focus on it. However, over the past few years, the dynamics of business have changed. Earlier, once established, companies used to worry about the changes that will make them irrelevant. Today, these changes take place over months or every couple of years.

A recent example that tested the relevance of companies across the globe is COVID-19. Small or large, companies of all the scales were tested at a short notice to operate in a virtual model and pivot their businesses. Companies like Amazon had inherent agility built into their business to utilize the moment of disruption. And this is why they sustained. But many startup businesses failed to even sustain themselves for the first few weeks and collapsed.

At the pace the world is changing, companies can no longer stay glued to familiarity. Entrepreneurs must learn that transformation is not an endgame. So, it is critical to provide value to their customers at all costs.

Here is a ‘Formula of Four’ that can position your startup businesses in a better place than others to stay in the game no matter what:

1. Customer is the Only King

To embrace a customer-driven approach is not an option, but imperative for companies. Making it an obsession to value customers can be the ultimate key to success. By placing the customer at the center, startup business can prioritize their activities with ease, pivot quickly when needed, and optimize their products and services.

For instance, the ideology of Airbnb`s- create a world where anyone can belong anywhere- is the major driving force behind the strategy in the customer service, product development, recruitment, and the markets that they explore.

2. Innovate or Die

Conventional business practices and processes are passé. It is time to embrace an inclusive approach that looks from the customer`s point of view and then translates it into a product or a service. Creating exceptional customer value is the need of the hour. To reach this stage, you must understand the broader context and the driving forces behind the change.

For example, Adobe, when moved to a cloud-based subscription model their revenue dropped initially, but later registered much higher growth than before.

3. Reinvent Yourself

Once established, startup business should keep reinventing themselves. Self-disruption helps to embrace the future by building an organization that is constantly becoming better with each passing day. However, it also challenges entrepreneurs in more than one way. It puts more emphasis on progression than on perfection, on learning than knowledge and founders have to reimagine conventional ways of thinking, working, and executing. If you want to make your startup business a winning company, think without fear. Winning organizations are unafraid to disrupt themselves.

4. Learn From Failures

Self-disruption is not for the weak-hearted. It is easier said than done and involves great risks. Failing small and building big on success, taking calculated risks and small bets, and encouraging it as an organization-wide culture is vital to stay relevant in the business world.

Hence, learning from failures and to keep exploring multiple small ideas is the key to becoming a successful small business.

In these challenging times, staying relevant is a constant journey of inventing, reinventing, and not about landing with a perfect solution. And this should be the quest for the entire organization and not just one specific branch or hierarchy.

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 game 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

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Business motivation

7 Ways To Build Authentic Business Relationships For Success!

7 Ways To Build Authentic Business Relationships For Success
7 Ways To Build Authentic Business Relationships For Success

You can`t operate a startup business without maintaining strong professional relationships with investors, clients, vendors, and potential customers. A company grows only by establishing meaningful connections with others.

Building strong business relationships starts with acknowledging and recognizing the importance of viewing everyone as a unique person with their desires, motives, and interests. Once, you have understood that the person in front of you is not only a medium to grow your business, but a human being too, you build relationships at a deeper level.

Here are 7 techniques that will help you to establish long-lasting business relationships that will drive sales and growth for your startup business:

1. Offer a Valuable Product & Service

Personal or professional, every relationship starts with an introduction, and sometimes for a business purpose. However, this is the hardest step. A client will approach you because of your extraordinary service or a valuable product that you have created to help them. So, it all depends on how you utilize your strengths.

2. Discover Ways to Provide Additional Value

If you have a startup business, you can begin with finding common ground and identify how you can add value with your time, connections, resources, or expertise to your clients or investors. This can give your relationship a personal touch.

3. Make Your Customer Service Excellent

Ask the best business corporate trainer in India and about the best strategy for growth and relationship building at zero cost and they will reply promptly- customer service. Customer service is that one aspect that can build the foundation of strong business relationships. Work on perfecting every interaction with your customers. Try to maintain transparency. Advertising is no longer as powerful as it was once perceived. A referral army who has used your products can do wonders for your startup business.

4. Make Mutual Success Your Mantra

When you think about others’ success and not just your own, the relationship grows. Nobody wants to work with someone who only has their agenda on their mind. Strong relationships happen when we focus on mutual success and trust.

5. Focus on Relational Value more than Transactional Value

Avoid approaching your business relationship in a transactional nature. Cultivate your network and relationships each day. Meet them and greet them on special occasions. Talk to them to understand their needs, requirements, values, and what drives them. Always remember that it isn`t about you, but about them. They will always remember how you made them feel.

6. Treat Them like Friends & Family

People like to do business with people they like. Treat them like you would treat your family and friends. Take a genuine interest, be vulnerable, be yourself, and show personal interest in addition to the business value that you already offer.

7. Stay True to Your Business Values

Clear and consistent business values can help stakeholders, clients, customers, and even investors to stay in a harmonious alignment with you. Stay prepared for hiring, firing, and losing money for your values as it sends out a strong message about the brand promise and ensures a shared vision.

The shared vision and aligned values make the strong foundation of any startup business relationship with your employees, clients, customers, investors, and other peers.

Unfortunately, entrepreneurs who are creative and great at inventing things often don`t invest much time in building strong and long-lasting business relationships. Though it does take effort and focus, the talent to effectively build relationships can be learned, just like any other skill.

Use the above-mentioned 7 tips to create a strong business relationship with your potential clients, investors, customers, and other stakeholders.

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

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Business motivation Strategy

4 Ways Passive Income Can Take Your Financial Worries Away!

4 Ways Passive Income Can Take Your Financial Worries Away!
4 Ways Passive Income Can Take Your Financial Worries Away!

Summary: Do you want the freedom to work on what you truly desire, rather than having to go into a job that pays you well but leaves very little time for you to enjoy things you truly love? Passive income could be the answer.

“Don`t let making a living prevent you from making a life”—John Wooden.

John Wooden, the guy who said it, interestingly lived for almost 100 years. Now, whether you want to live for 100 years or not, you want to make enough money to lead a comfortable life.

Now, if that sounds like you, would you like to know how you can do it? Would you want to know how you can lead a comfortable life even when you can`t work anymore?

What if we told you there was a way to make money without having to work for it? Passive income is the most effective way of making money with minimum effort. With passive income, you can change your financial future. And yes, we are not kidding!

What is passive income and why is it so essential?

Passive income is a source of income that is generated without requiring any additional effort on your part. You can make money from investment, property, or business that can generate earnings. It is not something that you earn from a regular job. In simpler words, passive income is what you make when your money makes for you.

Watch how passive income can change your life here. 

Here are 4 ways in which you can change your financial future:

1. Freedom of Time

Stability and security, passive income provide both to those who don`t want the worries and restrictions of a 9 to 6 desk job and still want to enjoy the freedom without having to think about paying their bills. Those who wish to spend more time with their family without having to think constantly about their monthly financial deadlines can generate income for their future with passive income.

2. Less Stress & Fear

Though money is not the most important thing in life, it can certainly make a lot of things easier. Hence, it`s no wonder that a lot of people these days feel stressed out because of their financial instability. Making money without having to constantly worry about deadlines and a bad boss can completely change your life and level of happiness.

Fear of the future can reduce the quality of life, making it difficult to enjoy the present. An extra source of income can eradicate the worry about how will you make your ends meet. All these benefits can make us feel better emotionally, mentally, and physically.

3. Flexibility to live & work from Anywhere

The freedom and independence that come from passive income are incredibly addictive. You can live, travel and work from anywhere. You don`t have to rush through the early mornings and sit for 9 hours despite finishing your work.

For those who want to travel the world with zero financial worries, passive income is an incredible opportunity. This is a chance to live the life of your dreams while being able to enjoy financial stability. Passive income also allows us to take care of the travel cravings by allowing us to explore incredible beautiful places sans the worry for our financial future.

4. New Growth Opportunities

Do you know what is heavenly? To be able to make money without having your superior standing over your shoulder and telling you what to do. The independence to do things at your own pace boosts productivity and gives you ample time to focus on things that are much more important.

When your income is automatically transferred to your bank account, you don`t have to constantly worry about meeting your needs.

Instead of having to run off to your workplace and your toxic manager, creating a passive income can help you lead a good life. You can focus better and train your mind to achieve more. These were the 4 ways in which passive income can stabilize your financial condition.

Are you looking to find solutions for your burning problems? Get practical solutions easily with our step-by-step learning strategies, action plan, frameworks that are designed to empower you with various business functions. 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.