Category: Business motivation

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Business motivation Startup

5 Ways A Business Coach Can Help You Grow Your Startup!

5 Ways A Business Coach Can Help You Grow Your Startup!
5 Ways A Business Coach Can Help You Grow Your Startup!

No matter at what stage your business is at, a great business coach can make you work smarter and can help you to motivate to achieve success faster.

From helping you to keep your ego in check to helping expand your network, there is nothing that a business mentor won`t do to help you navigate through the business challenges. If you select the best business coach in India, you will be provided with both the tools and a fresh perspective that you need to go from point A to point B.

Today, from entrepreneurs to big organizations, the importance of a fresh new perspective from an expert is highly in demand. Once an organization attains success, they tend to become complacent. Hence, they realize that an outside view is crucial to push them towards their ultimate goals.

If you are on the verge of hiring a business motivational coach, let us assure you that it is worth the investment. Here are five different ways in which an ideal mentor can help you to avoid falling into the pitfall and move forward:

1. Identify Pitfalls

Running a business involves a lot of things that only a great mentor and good online business courses can teach young and aspiring entrepreneurs about the different dynamics of business. So before you close your books for the financial year, take a hard look at your business performance. Then consult with your mentor as he will work with you and will surely find specific areas for growth.

Your mentor will with you to find out more gaps and pitfalls and will ensure that those pitfalls don`t cost you any more than they may already have.

2. Put Light on your Blind Spots

An ideal business coach can see things that entrepreneurs or small business owners can often miss. But, if you want to see your business climbing the ladder of success, it is very crucial to clear out the blind spots. You want to be able to foresee things before you make a plan. A mentor can shine a light upon the things you may overlook or miss and can drive you to face them head-on.

3. Boost your Strength

Strength is essential- not just physical strength, but also mental strength. Many entrepreneurs after achieving success in their initial stage become complacent. They enjoy their laurels and believe everything is fine. A business motivational coach will help you identify your potential. He will push you to increase your strengths, and that is how he helps you to bridge the gaps wherever you are lacking in your business.

4. Helps you create a Roadmap

If you don`t have a plan, your business has no future. Having a solid plan can provide you with an outside perspective, which is why many companies partner with the best business coach in India. A mentor helps you by addressing the shortcomings and creates benchmarks by putting the expertise together to accomplish your goals. This ensures that you have a plan which is a built-in strategy instead of relying on just a sheer fluke.

5. Push you out of your Comfort Zone

To build a startup from the scratch, strong networking is very helpful. But not every entrepreneur is an extrovert, some are introverts too. If you are an introvert, you need to hire the best business coach along with taking online business courses for entrepreneurs.

It is easy to get occupied in their business world. A mentor will help you push out of your comfort zone, meet new people and try new things in the business. Even extroverts can get caught in challenges; a mentor will push you out of them.

Focus, perspective, strengths, and out-of-the-box thinking are some of the benefits that a business coach can add. But there are plenty of more. However, it is very important to hire the best business coach in India.

Get practical solutions easily with our ‘Entrepreneurship Course’ which is an online business course for entrepreneurs. It is a step-by-step learning strategy, action plan, framework that are designed to empower you with various business functions.

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Business motivation

How To Avoid 3 Common Fundraising Mistakes Entrepreneurs Make That Can Sink A Business!

How To Avoid 3 Common Fundraising Mistakes
How To Avoid 3 Common Fundraising Mistakes

Starting a startup might seem all exciting and there could be times that everything falls into its respective place. You think about starting a business and the customers come knocking at your door since day one.

You raise funds easily and your first pitch to your investors is a rip-roaring success. Everything goes according to the script, even if you didn’t think too much about it. But what happens when you couldn’t able to generate investment for the second round? What happens when things go wrong?

Watch everything that you need to know about Fundraising in this video:

The problem with effortless success is that it does not prepare you for the worst. Some so many entrepreneurs tasted early success in their entrepreneurial journey, but things got a little tricky when additional capital was required. Their numbers were bad and their business looked like a nightmare which put the investors off-board.

So what are those BIGGEST mistakes of fundraising that every entrepreneur must avoid? Here is a list:

1. Catastrophic Mistakes

There are plenty of crucial decisions to be made over the first few raises. Entrepreneurs must decide how to pick the right investor for their business, whether they should try crowdfunding, and how to evaluate their business. The important steps can help to take the business to successful heights. But these are the areas where people can make catastrophic mistakes.

How to avoid it?

The starting point is the exit! What many people don`t realize is that taking investments puts you on a path to exit. Every investor wants to get off in 6-10 years with a return. So looking at the stages to exit is the place from where entrepreneurs should think further than expected. Also, one can take professional help from the best business coach in India.

2. The Correct Numbers

Focusing on numbers is one of the most essential things if you want to ensure that your business sustains in the long run. Many start-up businesses fail to thrive ahead because the founders couldn’t raise a second tranche of money. Numbers are critical even at the pre-revenue stage and therefore it is vital to work on the financial plan. Most founders overestimate the cost and the period it will take to hit targets.

How to practice it in the real world?

So understanding the biggest gap that exists in the business models is between what is being projected and the actual cost bases is very important. Investors typically look for businesses that can understand their cohort financial analysis, customer acquisition drivers, and churn rates. Hence, an in-depth understanding of unit economics and how it can be improved can help any business to sustain itself for a longer time. However, hiring a business coach too can help you navigate the challenges of fundraising.

3. Unpicking Experience

To err is human. And one of the best qualities that humans are bestowed with is their ability to learn from them. But is the fact that someone has made mistakes and learned a valuable lesson from them is necessarily a reason to trust their judgment? Well, certainly not!

Unless humans make mistakes, their learning will never start. However, it is not advisable to carry the burden of past mistakes over their shoulders. Many entrepreneurs carry the weight of their past business mistakes to their present and future. But dwelling on past mistakes results in nothing more than unhelpful introspection.

How to avoid it?

Learning from past mistakes is something that every successful business leader must do. Also, if you take help from a business coach he or she can probably help you to learn from their professional mistakes which is probably every essential.

Fundraising is certainly not easy! Even if you find investors in the first round easily that does not guarantee for the next investment rounds to be that smooth. Hence, only by understanding both the thinking of investors and the pitfalls that may lie ahead, businesses can be better equipped to obtain the funding they need. And taking the professional expertise of a business coach can demystify the investment landscape for entrepreneurs.

To know more about fundraising and investment strategies, take our ‘Entrepreneurship Course’ which is a specialized online business course tailor-made for those who want to pursue their entrepreneurial goals!

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Business motivation

3 Professional Skills To Prepare Today`s Youth For Tomorrow`s World!

3 Professional Skills To Prepare Today`s Youth For Tomorrow`s World!
3 Professional Skills To Prepare Today`s Youth For Tomorrow`s World!

In a world that is constantly evolving, young people in India need the right mix of skills to excel in their careers. With the world becoming more data-centric, access to information is also increasing. Academic skills remain important, but they are not sufficient for Indian youth to foster a career that is productive and as appealing as they want it to be.

Whether it is a metropolitan city or a small town in India, young people across the country need to develop a greater breadth of skills to either get their dream jobs or to become successful entrepreneurs.

Skills like efficient teamwork, communication, flexibility, and critical thinking are essential, but rapid advances in technology will need more than that. According to a Mckinsey report, an estimated 83 million jobs around the globe will go unfilled due to a lack of skills in the coming years.

Any individual who wants to aspire to either become his or her boss or want to join his dream company, the best time to level up your professional career right now! Whether you are looking for a change or not, upskilling yourself now is better than scrambling to upskill yourself when you are urgently looking for a job change.

And lucky for you, it is easier now to upgrade your knowledge reservoir with online business courses for entrepreneurs and employees. The diversity, quantity, and quality of courses for entrepreneurs, employees, and students are growing rapidly.

Almost everyone in the business world is already making the most of these online courses to help their employees build skills. So why not start your learning now?

Here are three great areas that offer great opportunities for skilled youth to boost their professional profile:

1. IT & Cybersecurity

The IT sector has always offered excellent opportunities to the Indian youth. With so many IT giants like TCS, Infosys, HCL, and Wipro always on the lookout for new talent, it makes sense to go deeper in this sector.

Also, with the work-from-home scenario, remote work has thrown some new technological challenges. The ever-changing digital landscape has kept IT and tech skills most favorable in 2021 and more upcoming years.

Another significant challenge that the pandemic has thrown was the increasing speed of cyber-attacks and robust security threats. Throughout the pandemic, there was around an 83% increase in phishing attacks and 62% more cases of malware.  Hence, in response to this many companies are making the hiring of cyber-security professionals their foremost priority. Hence, it will be highly valuable for youth to take business courses in India.

2. Video & Audio Production

We are living in a digital age! From studies and classes conducted online to selling and marketing on social media platforms, you must have noticed the rise of digital media.  Also with so many features such as reels, TikTok, and Facebook the demand to produce compelling video and audio is a set of skills that is highly in demand.

Thanks to these popular social media channels, the demand for video marketing content is way up. Today, a popular social media channel is like an ocean of potential customers. And, these customers love to see video content from the companies and brands they love. Hence, to retain and attract more customers, it has become essential for brands to prioritize video production in-house.

Also, if you are an entrepreneur and want to build an online presence for your business, it becomes even more important for you to get hands-on experience on this skill. There are many online courses for entrepreneurs through which you can upskill your video and audio production skills.

3. Data Analysis & Statistics

Data is the next precious commodity in the world! Data is the ultimate game across many industries today and in many upcoming years.

If you are still thinking about how data is driving business choices, consider NETFLIX. Netflix has developed sophisticated data modeling which is based on consumer`s watching patterns. They have used this pattern to drive content purchasing to fit consumer tastes. Netflix with its data-driven approach was able to raise its value by $50 billion in 2020.

Data Analytics has become a top priority in marketing and advertising companies too. These days, data is where it all begins, and your ability to collect and interpret data can act as a major boost not just in your resume, but also in your business.

Combined with creativity, the three areas mentioned above can help you climb the ladder of success. If you are interested in starting your startup, you can take online business courses for entrepreneurs to upskill themselves.

You can also join our ‘Entrepreneurship Course’  to learn the nuances of business.

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Business motivation

How To Build A Strong Business Network When You Are An Introvert Entrepreneur?

How To Build A Strong Business Network When You Are An Introvert Entrepreneur
How To Build A Strong Business Network When You Are An Introvert Entrepreneur

Aditya, a 24-year-old guy, with plenty of revolutionary startup business ideas in his mind and a determination to set up his startup hails from Kanpur, a city in Uttar Pradesh. Surrounded by a large crowd of successful entrepreneurs and young solopreneurs who are chasing their business goals, he is getting nervous with each passing minute.

He can feel the sweat beads forming consistently and rolling down over his forehead against his will, which adds up to his discomfort. He can feel his heart thumping, ready to leap out of his chest. And, while many of you may think that Aditya is about to experience a cardiac arrest, let us tell you that nothing of this sort is about to happen.

Aditya, who has a charming personality and the confidence to sweep any businessman off with his effective communication skills and creative ideas, is also an INTROVERT. Being an introvert means meeting total strangers or attending an event with hundreds of people is no less than a nightmare.

While many people can easily share personal stories while making business contacts, there are also people like Aditya who want to build a strong network and close business deals for his business idea but can`t approach a stranger and start talking. You can also watch video on “Covid Proof & Recession Proof Business Ideas” , here:

Loud and crowded settings are often intimidating for introverts and draining. But in a world that often recognizes an extrovert as the ideal personality, how do introverts get ahead when it comes to building a network?

Here are five tips that can help even the most introverted entrepreneurs improve his or her networking skills:

1. BE YOURSELF

One of the most clichéd tips of all time, yet very effective and true. Accepting your weaknesses and strengths is the ultimate way of evolving both personally and professionally. Beating yourself up for not having an outgoing personality will not help you in any way. It will only create a sense of inferiority that will hold you back in the future.

Make improvements by learning from extroverts, but don`t expect yourself to behave like one. To get uplift your mood and spirits, you can listen to the best motivational speaker in India.

2. CUSTOMIZE YOUR APPROACH

There is nothing wrong if you feel more comfortable in a small group. After someone accepts your invitation to discuss your startup business idea, look for scenarios where you can meet people in settings that are peaceful and ideal for network building. You can invite business investors to small group or in-person activities like a cup of coffee at your favorite café to discuss endless business possibilities.

It may take you more time to meet new people. But, it will help you to overcome your hesitation to meet new people and will build much deeper and significant relationships.

3. ONE STEP AT A TIME

If you too get cold feet like Aditya when it comes to approaching even one person, then fret not! Take baby steps. Do not rush. Do not try to force yourself to go and talk to people when you are not comfortable. Forced conversations can leave a negative impact on your investor.

Begin by exchanging emails or few direct messages on LinkedIn with your business prospect. This will give you a sense of familiarity with the person you are about to meet in person. After you have communicated through emails, take the conversation ahead by meeting them in person. You can also hire a business coach who can help you overcome hesitation.

4. ASK FOR A WARM INTRODUCTION

It is very normal for introverts to remain with that one connection they make in an event for the entirety. However, being an entrepreneur you will have to build multiple connections for your business growth. Force yourself out of your comfort zone. Tell yourself a number and meet as many people within a certain amount of time. Explain that you are a little introvert and it will be amazing if they can introduce yourself.

5. PLAN AHEAD FOR EVENTS

Aditya is not alone in this world! Many people like him begin sweating at the mere mention of attending events. Many people in this world do not find the thought of meeting countless strangers pleasing. But, building a network is an important aspect of a start-up business. A little planning can ease out the entire situation for introverts.

When you find an event that can materialize your startup business idea into reality, you can contact the organizer a couple of days ahead of the event. See if the organizer can help you to make introductions through email or social media. On the day of the event, you will know specifically which people to seek out.

Introverts may find meeting total strangers and converting those meetings into treasured resources quite overwhelming. But as an entrepreneur, you have to have a strong network. So, networking has to be a part of the business plan.

To resolve this challenge, we have many ‘Problem Solving Courses’ that include personality development as well to help you build a strong network.

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Business motivation

Why Entrepreneurs Shall have a Powerful Personal Brand!

importance of branding
Brand and Importance of Branding

What is personal branding?

From individual to popular brand, everyone has a unique personal brand. Personal branding is the art of marketing yourself and your business as brands, just like Dr. Vivek Bindra. Today, if anyone thinks about the best motivational speaker in India, Dr. Vivek Bindra, and his organization Bada Business is the first thing that comes to mind. That`s how much popular as a personal brand Dr. Vivek Bindra is in the business world.

Though personal branding is an ongoing process, entrepreneurs, solopreneurs, or small business owners should strive for a powerful, attractive, and visible personal brand.

Wondering how can you achieve that?

Always stay true and display your authentic self by showcasing the engaging aspects of your professional and personal activities and interests.

Still, thinking, why do you need personal branding at all?

Here are five major reasons to have a top-notch personal brand if you want to be successful in the long run:

1. Attracts Big Opportunities

Opportunities will knock at your door only when you are being VISIBLE. When your brand or you as an entrepreneur are performing great in your professional work, customers, clients, vendors, and even companies will approach you and reach out to you. This will not only help you to make more customers but will also boost your revenue.

Want to know how you can create a brilliant personal brand? You can take online business courses for entrepreneurs with Bada Business where you can learn in-depth knowledge of personal branding.

2. Networking- Online & Offline

When you turn yourself into a brand that is recognizable and quite popular among people, everyone finds you desirable and attractive. This can help you build great professional connections as you can share distinct aspects of your business and brand with them. This variation will compel people to connect with you and do business as well.

3. Build your Business

A personal brand can yield much success to a business because from clients to customers and vendors, everyone would prefer to do business with a company whose leader has a killer personal brand. Best examples are Elon Musk, Ratan Tata, Warren Buffett, and Bill Gates. The entire concept of personal branding is also known as brand equity in the business world.

Watch this compelling video on brand equity, here.

4. Boosts Confidence

Developing your brand requires you to unleash the inner leader inside you. You will have to find your authentic voice. When you find your voice, you will become much more capable to connect with your potential customers. Your audiences will start responding more positively that builds self-confidence and self-esteem. A powerful, visible, and attractive brand is the key. It helps you to create credibility and the reputation of your business in the long run.

5. A Lively Personal Life

A strong personal brand will not only help you in your business as an entrepreneur but also help you to have an enriched personal life. When you are interesting, people notice you and connect with you. Many times, you can become the best of friends with people who contacted you through your LinkedIn or Facebook profile.

Not only it is important you have a brand presence of your business, but also as an entrepreneur personal branding is equally important. If you want to learn more, you can take online business courses in India.

You can also take our premium course ‘Entrepreneurship course’ to find personal guidance to increase your brand presence consistently to facilitate sales, engage your customers and close leads.

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Business motivation

5 Common Habits That Can Stop Your Entrepreneurial Journey!

5 Common Habits That Can Stop Your Entrepreneurial Journey!
5 Common Habits That Can Stop Your Entrepreneurial Journey!

For any young and aspiring entrepreneur or solopreneur, establishing the right practices and healthy habits is very important. It can help you to set on a path toward career success.  All too often, many young guns approach success as an overnight miracle.

But truth be told, it is a grueling mountain climb to the summit. We all might want it to happen all at once, after all a winning moment is far more appealing and exciting than inching steps towards building it.

Even the best motivational speakers in India will you that success is what happens over time as the result of patience, focus, determination, and lack of harmful habits.

Few habits might appear simple and harmless, but in reality, they might be hindering your entrepreneurial journey rather than helping it. Many entrepreneurs might not even see them as significant hurdles in the journey of success.

But, the longer you maintain these bad habits; you might likely delay your encounter with success. So what are these habits that are harming your long-time success? Here is a list:

1. Being Overly Curious

Many people might drop their jaw in disbelief after reading the above subheading because entrepreneurs have to be curious to come out with innovative startup business ideas, right? But, sometimes their curiosity can lead to endlessly searching for a business idea that is unique or can become the next big thing. This distracts them from building the business at hand.

Be curious about legal, sales, accounting, marketing, and alliances as these can help you grow your business. But never lose focus because one bird is better than two in the bushes.

2. Overthinking

If you have ever attended a seminar by any famous leadership speaker in India, you must be well aware of one thing that all of them say unanimously- ‘part of being an entrepreneur is making a hard decision’. No, if we thought about something more than it required, we would never like to make a move.

Overthinking can be one of the reasons why most of the capable people with a great startup business idea are still doing a 9-to-5 desk job. Thinking about the pros and cons is a natural process, but some people might overdo it and will keep saying “what if”. The best way to make rational decisions is to think about them and move forward. Sometimes a decision will work, and sometimes it will not, and that is just a part of it. Hence, think about a situation, its consequences, analyze it, and make a move. You can also watch video on “Covid Proof & Recession Proof Business Ideas” here:

3. Seek Perfection in Everything

Many people brag about being a perfectionist in every aspect of their lives. But very few people know that striving for perfection in everything is a major form of resistance. And, it could be one of the major reasons that can hold an entrepreneur back. Seeking perfection is a covert form of procrastination.

When you seek perfection, you subconsciously are trying for something that does not exist. Try to do your best, but always remember that any product, business, and service will always be a work-in-progress. Learning and improvements have no expiry dates. Whatever, you decide to do, do it with a focused mind. Avoid demanding perfection because it will gobble up all your time and put your goals on hold for a prolonged period.

4. Not Asking for Help

Most often people say that your experiences make you wiser. But in the business world, what makes you wiser is to learn from other`s mistakes and ask for help when stuck. Not asking for help can play a giant roadblock in an entrepreneur`s success.

Learning by the trial-and-error method can be great, but it is a long process and can delay your business growth by many years. With the help of a business motivational coach or a mentor, your initial days can be a lot easier.

You can hire a professional business motivational speaker in India and with his expertise, you can take your startup business in the right direction.

5. Switching From Idea to Idea

Switching between different ideas and strategies constantly means you are not sure about your business goal. You are so keen to bring results that you are not pursuing any single approach long enough to see results.

Building a startup means taking decisions and experimenting with distinct strategies that will bring the best results. However, developing the patience to wait for the results is also necessary. There will be times when most thoughtful decisions will not work in your favor, or a powerful strategy will fail. But instead of following the next marketing or leadership trend, try one idea and then follow through with it for some time to see the results.

You can take help from the best business motivational speaker in India to build more strategies for your startup. However, the above-mentioned habits can delay your success. Hence, overcoming them is important.

With due course of time, you will begin to take setbacks less personally and understand them as part of the long road to success. Because success is not the destination, but the road itself! To navigate in the waters of business challenges, you can take our online business training course.

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Business motivation Powerful Personalities

4 Business Leaders Who Bounced Back From Their Mistakes!

“Courage is not the absence of fear, but rather the judgment that something else is more important than fear.”  – Meg Cabot

One of the scariest things that almost every human being feels to do is to make mistakes, to take risks and meet failure, to try out of the league and fall hard. But mistakes are essential for professional as well as personal growth for both the individual and the organization.

We all make mistakes, every one of us. Making mistakes is a sign of business motivation, and that we are trying something new in your life. It is the pathway to great ideas and innovation. It is the best way to learn and grow. If you are not making mistakes, then we likely are not doing enough new things outside our comfort zone, and that itself is a blunder.

If you thought only common people like you and me are prone to making mistakes in the business, think again! Legends like Ratan Tata, Narayan Murthy, Satya Nadella, Steve Jobs, and many other successful millionaires have made mistakes and learned from them too!

Here are some mistakes that these leaders made, but learned from them to bounce back in their lives:

1. RATAN TATA

One of the most esteemed and respectable personality in the business world, Ratan Tata needs no introduction. The Chairman of Tata Trusts and former head of Tata Sons  has achieved great success with his incredible business ideologies and strategies. However, even he admitted his mistake when his ambitious project TATA NANO failed to create waves in the market.

According to him, his greatest mistake was branding the Nano car as the cheapest instead of ‘most affordable’, which was the true intention behind bringing it into the market. By using the word ‘cheapest’ instead of ‘most affordable’, a negative impact was created on the market.

You can watch the full story of what led to the failure of TATA Nano, right here to get some business motivation from this legendary industrialist.

2. SATYA NADELLA

Indian-born Satya Nadella made headlines when he replaced billionaire Steve Ballmer as Microsoft CEO in 2014. Before he replaced the former CEO, Nadella was Microsoft EVP of the cloud and enterprise group. Since he took over the charge, Microsoft`s stock has increased by more than 150%. However, this was not always been the case.

In July 2015, the Microsoft CEO acknowledged that thinking that the personal computer (PC) will reign supreme forever was his biggest mistake. Today, smartphones have overshadowed PC as the hub for everything to some extent.

He has steered Microsoft away from a failing mobile strategy of NOKIA, and focused on other segments, including cloud computing and augmented reality.

Watch the full story here:

3. ELON MUSK

Elon Musk, who is the founder, CEO, and Chief Engineer at Space X is also the CEO of Tesla Motors. A successful entrepreneur and a business magnate  has also made mistakes that he still regrets. While participating in a Q&A at South by Southwest, the Tesla CEO said that the biggest mistake that he committed in his entire career was not being more involved with Tesla in his initial days.

From 2004 to 2008, Elon Musk was a lead investor in Tesla. However, he was also the CEO of SpaceX, a space exploration company. Today, he has moved past his mistakes and regrets to run a successful million-dollar company.

Watch his inspiring journey, right here: 

4. WARREN BUFFETT

The year 2015 marked the 50th anniversary of Warren Buffett and his partner`s decision to take control of Berkshire Hathaway. However, the current CEO of Berkshire Hathaway once considered this to be the biggest investment mistake and called it a “monumentally stupid decision”. He said that the only reason behind him acquiring the company was because it was cheap.

Watch his amazing entrepreneurial journey, here: 

The majority of entrepreneurs and professionals are not particularly interested in making mistakes and reliving them. However, many self-made millionaires are masters at learning from their successes and failures. That is the only way to analyze what went right, and what didn’t work out for the business.

So, keep making new mistakes, but find reasons for their failures and ensure that you do not repeat them. That’s the key to success and gaining incredible experiences in the journey called LIFE.

Prepare yourself to counter the challenges that you might encounter on your entrepreneurial journey with our online business courses for entrepreneurs. You can take ‘Entrepreneurship Course’ and take the first step towards achieving your dreams.

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Business motivation

5 Commitments Every Successful Entrepreneur Must Make For Business Excellence!

5 Commitments Every Successful Entrepreneur Must Make For Business Excellence!
5 Commitments Every Successful Entrepreneur Must Make For Business Excellence!

Whether you are a passionate and ambitious person for your job where you are deeply invested or planning to start a startup business, there are certain commitments and decisions that successful people have to make. Discipline and determination help to shape them into elite businessmen and –women.

According to Dr. Vivek Bindra- one of the best motivational coaches for entrepreneurs, “each day is a fresh opportunity for mastering the key skills to acquire goals. Success often comes down to having the right attitude and making smart decisions.

So, if you are trying to excel in the business world, here are five commitments you must make to acquire your goal:

1. Appreciate the Good

Most often we are too focused on the bad in our lives. However, it does no good but gives birth to negativity. No matter where you are in your career, find ways to appreciate the work you are doing. Jobs are not perfect and not every aspect of it, you will enjoy.

Make mental notes to focus on the solutions and not the problems. Allow no space in your mind for negative thoughts. When you think in terms of lack, you start making decisions from a negative place. Learn to respect your achievements, understanding that small things make room for bigger opportunities. You can also take help from the motivational coach for entrepreneurs to keep your spirits high.

2. Fear of Failures

“Success is the ability to go from failure to failure without losing your enthusiasm”, this quote by Winston Churchill elaborates the right approach towards your business goals. The road to success is full of failures, disappointments, and setbacks. If you give in to the fear of failure, it will discourage you from walking on the new path.

If you want to be successful, you will have to take a risk and be willing to witness the consequences of those decisions. Just like a good motivational coach, consequences can be your mentor and guide you with quick answers. If you will never take risks, you will never redirect yourself and your business in the right direction.

3. Work Hard for Dreams

It is essential to measure your success with your work ethic. If the pursuit of your success is solely based on money and profit, be aware that your mind will only be focused on the lack of it. Worry blocks opportunity and keeps reminding you of how much you don`t have.

Hence, always set up a mindset that your hard work will generate profit. Always focus on the goals and do not shy away from working hard for them.

4. Expand your Vision

Always be grateful for your achievements, but never be satisfied. Commit to thinking big by setting higher goals. Despite achieving great heights of success, know that you are not done. And it is just the first step.

Most often entrepreneurs become complacent as their businesses begin to generate revenue. However, this results in no innovative business strategies and they begin to lose their grip on the market. Always ask, “What is next?” How can I expand my business further? If you are struggling with certain business challenges, you can also take problem solving courses that are available online.

Never downsize your dreams. Change the path, not the dream!

5. Be Consistent

Consistency is the key to your entrepreneurial success. Commit to working with passion and determination, taking steps no matter how little towards your business goals. It is only through consistent and diligent work, coupled with flexibility and patience that you can achieve greater heights of success. If you feel like you are losing enthusiasm, you can always speak to the best motivational speaker in India– Dr. Vivek Bindra.

It’s the last person standing who ends up winning the race. The above-mentioned commitments can play a key role in your journey to establish a successful business startup. To be successful in business, commit to making self-aware and smart choices. Make one smart decision by joining our “Entrepreneurship course”.

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Business motivation

5 Top Reasons Why Small Business Owners Must Embrace Business Automation

5 Top Reasons Why Small Business Owners Must Embrace Business Automation
5 Top Reasons Why Small Business Owners Must Embrace Business Automation

Computers, Robots, Artificial Intelligence, and the internet: these are some of the first things that come to our mind when we talk about technology that most businesses are using in this modern era. Some of the most impressive recent advances in technology and process efficiency are rooted in automation.

Business automation is becoming more frequent because it is both less expensive and more accessible. Today, it is used for everything from sending out “automated” away messages when you are out on a vacation to building high-rise apartments and cars.

Automation in a startup business can save your company money and time. But one thing that we should keep in our minds is that even the most advanced software or technology will be far from perfect. Why? That is because the creation of technology involves coding which is done by humans. Hence, a scope for human error is always present.

But every business requires reliable and faster communication, and business processes to boost growth. So if you are still doing a lot of business processes manually, without any further delay here is a list of the most essential benefits that every business can certainly drive from business automation:

1. Communication which is Faster & Reliable

For businesses that operate not only across India, but also outside the country, a reliable mode of communication is necessary. If telephone lines are not working, alternatives must be readily available. Thanks to various instant messaging apps, many local business owners are now able to promote their business across various states in India.

Multiple modes of communication ensure that the business operations will not be disrupted. Fast internet connections have made it possible to transfer vital information regarding a business across vast distances in seconds. This enables telecommuting that not only gives access to high-quality talent in places but also reduces human resources cost.

2. Increased Efficiency & Productivity

Technology can help to enhance efficiency and productivity in multiple ways. There are many processes like maintaining accounts, billing, payroll, and asset management that can be automated by using business software that is available in the market. It will not only help to manage their operations but will do it more efficiently.

Also, technology can help many startup businesses to automate their repetitive tasks that do not require an elevated level of decision making. This can give more effective results and productivity.

3. Increased profit & Reduced Cost

Where business automation can increase efficiency and productivity from technology, it also results in decreased operating costs and an increase in profits, eventually. Advanced technology can also eliminate the unnecessary travel expenses for meetings and other supervisory work. Most of these activities can now carry out on live video chat and other collaboration platforms. This does not mean that one should remove the personal interactions and meetings, but it can help to reduce the need to be physically present in one location to work with other employees.

4. Enhanced Security

With the latest technology like blockchain, businesses can work to implement better ways to carry out financial business transactions more securely without compromising transparency and creating layers of security.

5. Greater Transparency & Interconnected Operations

Multiple business processes are complex and also involve countless types of transactions. But with advanced business software and technology, you can integrate these processes seamlessly. Also, when it comes to sharing and processing business data, you can automatically collect, process, and present everything in a readable format.

Technology is omnipresent. But many businesses resist embracing technology and those who refuse to do so may be bound for failure. But to ensure business growth is it essential to be well acquainted with the pros and cons that come along the way.

If you have a business idea and want to build your startup around it, you can take our ‘Entrepreneurship course’.

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Business motivation

How To Overcome 3 Challenges That Every Solopreneur Faces During Business Journey!

How To Overcome 3 Challenges That Every Solopreneur Faces During Business Journey!
How To Overcome 3 Challenges That Every Solopreneur Faces During Business Journey!

Whether you are a solopreneur or an entrepreneur, when you start your venture, a lot is riding on your shoulders. You are like a one-man army who has to do multiple tasks on your own. You are a staff of your own, which is why you have to don a hat with multiple feathers.

From setting up working hours, how much revenue you generate to how many clients you have is completely up to you. You are your boss. You set your own rules and reap the rewards.

But these rewards are received only after putting in the time and effort to set your business up for success. Creating a full-time long-term business involves more than just getting good clients from time to time. Becoming a successful solopreneur requires proper planning, follow-through, constant learning, amazing business ideas, and having reliable partners.

So if you have started a step to venture out on your own, here are few challenges that solopreneurs often face and few helpful suggestions for how you must overcome them:

  1. Learn to Market Yourself

As a solopreneur, your business is based on the foundation of your skills. The skills you must have honed for many years. Maybe you have worked in that industry for another company, and now you have finally decided to build your startup with your reliable connections.

But, when it comes to time to scale your business, you will need new clients and connections. When you want to boost more revenue, you will have to find more customers. Hence, like other businesses, solopreneurs too should keep learning new skills through business training programs.

For instance, if you are from a more technical background, you can learn more about digital marketing by taking online business courses. After gaining information about brands and services being online, your business can benefit from the exposure of having a website.

You can also learn about Search Engine Optimization (SEO) with which you can keep your website up-to-date, giving you the exposure your business needs to grow.

  1. Always be Prepared for Unforeseen Circumstances

Imagine you are a brilliant graphic designer, but suddenly your clients do not want your services anymore. What happens in that scenario?

The future is uncertain, and no matter your profession, unforeseen circumstances happen all the time. While you are working day and night on establishing your brand and growing your business, the last thing you need is to experience a financial blow due to decreased revenue. Hence, it is essential to understand how to break through such business challenges by taking business training programs.

Having financial safety is also important. Hence, set a schedule that is comfortable for you- weekly, monthly, or whenever you find it feasible to put aside a portion of your profits. Though it will take time, your goal to save a certain amount of money, by the end of the year will be fulfilled.

  1. Protecting your health too!

When we purchase a car or a shop, we tend to insure it. As a solopreneur, your most valuable asset is yourself. Your skills are the face and the foundation of your brand. So, if anything unexpected should happen to you, your business would likely suffer as well. Hence, as a solopreneur, you must get a cost-effective plan that will cover your requirement without having to pay for services you won`t use.  

Starting a startup from the scratch is not an easy task. Once started, it takes years of hard work to establish your business as a brand in the market. Hence, to stay ahead in the competition, every business owner needs to stay updated with new technologies and trends in the market.

If you are facing challenges in business, you can join our problem-solving course that will not only resolve management issues that crop up with teams; but also improve your vision to implement without depending on others.

You can also find tools meant for rising stars just like yourself – apps and services that let you manage many aspects of your business with the minimum investment of time and money, leaving you free to focus on the larger picture.

For more information, visit https://www.badabusiness.com/psc?ref_code=ArticlesLeads