Tag: Business Coaching Program

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Sales

5 Unique Ideas To Increase Your Sales This Year

5 Unique Ideas To Increase Your Sales This Year
5 Unique Ideas To Increase Your Sales This Year

Summary: Want to increase sales this year? Read for out-of-the-box ideas that will increase your sales.

The sales department is an essential aspect of a business that drives performance and growth. There is ebb and flow to it, and the longer you are in the industry, the more you start to see it in your sales. You may experience more sales during the summer season with lower sales during winter.

No matter which type of product or service you are offering, a want to increase sales around the year is expected. Entrepreneurs often think about different ways of increasing sales. They often work with the best business coach in India to get their expert advice.

If you are looking for some unique ideas to drive more sales this year, here are five innovative ideas to help you:

1. Highlight the Unique Value of Your Business 

Gone are those days when customers used to believe the advertisements. Today customers are discerning and want a value for what they are buying. They want complete information about the product they are purchasing and how it solves the problem which they might be facing currently.

So, put on your thinking cap and develop your business’ Unique Value Proposition (UVP) that tells why they should shop with you rather than with your competitors. Emphasize why your business is different than the rest and why it is a better option for your customers.

2. Engage With Your Customers

As Dr Vivek Bindra, the best motivational speaker and CEO Coach, says, “Your customer is the king” we couldn’t agree more. If you are experiencing a dip in your sales or fewer consumers in your store, it is time to think of something new.

Give a positive customer experience to your existing customers as it will bring them back to your online website or store. This will provide word-of-mouth marketing to other potential customers. Utilize the advantage of identifying possible pain points and strengths by engaging customers online or in person. Once you have figured out where you excel and need improvement, you can implement strategies to make necessary changes.

3. Use Super Creative Marketing Language

Who are your potential customers? What helps them to make their purchasing decision? What are the challenges that they are facing? While conducting market analysis, you consider all these questions and when you develop marketing strategies, always consider the language that your customer base generally uses.

Figure out if your target base is a more mature generation who connects with more serious advertising or a little younger who are more used to memes and puns. Depending on the demographics of your customer, add a little humor, engaging imagery, or relatable language to leave a lasting impression.

4. Share Your Startup Story

Why have you started your startup business? What made you establish it? What triggered the idea? Why did you choose to sell your products or services? A genuine business story intrigues the customers and allows them to feel connected. They understand why you do what you are doing. Customers see who, what, and where your business is. Understanding what you are doing allows them to determine how like-minded they are with you and your company. You can hire the best business coach to understand the consumer`s journey.

5. Thank Your Customers

People like to feel appreciated. A thank you to your customers is an excellent way to let them know you enjoy their visit with you. This way, you can develop an ongoing relationship with them. This small gesture determines how grateful you are for their business. Make your customers feel special by giving them a personalized experience.

Not every unique idea guarantees success. However, failure of a few ideas shouldn’t stop you from experimenting. Instead, get back to the drawing board and brainstorm a few more.You can boost your sales quickly with the proper guidance from a business expert.

Learn to generate high-revenue earning products for sales with our Business Coaching Program. To know more, visit www.badabusiness.com.

Categories
Motivational

How to Build a Winning Team at Workplace?

How to Build a Winning Team at Workplace
How to Build a Winning Team at Workplace?

Be it a cricket match or an organization; a high-performing team is at the core of every successful business. When a group of independently talented people comes together in which they can merge their skills, the results are remarkable.

When the employees work together towards a common goal, everyone wins! One of the best and easiest ways to get things done in any business is to build a great team. The creativity and productivity of the employees will be increased, and their loyalty and engagement will also be significantly improved.

The value of a high-performing team has long been recognized. This is probably why every organization wants to hire and retain the best employees. Many companies employ motivational speaker to motivate and inspire their employees.

According to a McKinsey report published in 2017, when the team members of a high-performing team work together towards a shared vision and achieve a common business goal, the organization’s financial performance increases by 1.9 times. Ambitious, energetic, capable, and talented people are always a plus, but they often represent distinct functions, geographies, backgrounds, products, resources, and many other factors.

Here are five strategies for team composition and team dynamics that have long proved their worth:

1. Hit the Right Number

Team composition is the first step toward building a high-performance team with an essential skillset and a creative mindset. It is just like adding a cherry to your sumptuous cake. Just like the quantity of the salt has to be balanced to make the dish taste delightful, the team needs to be kept small- but not too small.

A small team that consists of around six to seven members is likely to result in poorer decisions because it lacks diversity. A small group will also lead to slower decision-making because of a lack of bandwidth. Hence, keeping the correct number of team members can be a great start towards building a winning team.

2. Team Dynamics

A team will deliver productive results only when they start working together. Once the character of a team emerges shaped by team dynamics, only then will they be able to overcome challenges and achieve great things. You can hire a business coach or the best corporate trainer to help your employees work in a team.

3. Create Team-oriented Organization

Don’t just talk about teamwork! Instead, build your company values around collaboration. Put a clear focus on self-managing, self-sufficient, and empowered teams to make decisions. Also, show your employees your commitment by enabling teams with authority to get their jobs done on their terms.

4. Assign Team Goals

Assign your team with important projects and assignments. Rope in all the team members when looking at innovative and new market trends. It is vital to keep a fresh perspective on the market trend, so keep asking different team members for their opinions. Ask them to challenge the status quo and the conventional approach. This approach will help your company to stay ahead of the game.

5. Respect your Team Members as Individuals

A business needs to have a fresh and creative approach toward its goal of prospering. You want your employees to be a part of your team at work, but you also need a perspective. Every individual team member has a story of his own. He/she has come far in life without your company and has presumably a rich and varied life post-work. Hence, it is important to rope in the new team members when making an important decision—a whole team blossoms only when every member is respected and honored for his unique skills.

Want to know more about team building? With our ‘ Business Coaching Program,’ you can learn to bring together people with diverse capabilities to work towards a common business goal.

Categories
Startup

4 Ways a Business Coach Helps Startups Grow

4 Ways a Business Coach Helps Startups Grow
4 Ways a Business Coach Helps Startups Grow

Summary: With so many uncertainties present currently in the business world, it’s no wonder startups are working with business coaches to get prepared for uncertain challenges.

Every year the world gets strike with either a new virus or wars between countries that leave a dent in the business world. Many business owners are worried about the success of their ventures. They often ask themselves, “what’s next?”

Many entrepreneurs are okay with moderate success where the bills are getting paid, but few want to achieve more in their life than just mere settling. Hence, they employ a business coach to reach the heights of success.

Whether large or small, companies worldwide are working with the best corporate trainers to prepare for whatever might stand in the way. However, many small business owners often get confused about hiring a business coach. If you are one of them, here are four ways in which a good mentor can help you grow and bridge this gap:

1. Inspires to Achieve More

Once you become complacent; it is hard to grow. Getting comfortable in the current situation is the biggest killer of all dreams. A business coach motivates you to look beyond what you have and ensures that you spot all the opportunities to achieve more.

2. It helps to identify pitfalls.

Can you look at the top floor of the building while residing inside it? The answer is no. When we are too engrossed in handling daily activities related to business, we tend to lose focus. So, at the end of the year, take a hard look at your business performance and ask your mentor to analyze it. They will come out with a handful of suggestions that will help you improve.

3. It helps you Find Blind Spots.

Entrepreneurs face a range of issues that require a variety of answers. If you lack a clear goal and plan, you will be distracted and stunted. The most important thing you can do for yourself as an entrepreneur connects with a business coaching program. A coach can help you expand quickly and oversee your business’s growth.

4. Help You Think Out-of-the-Box

Anyone can develop unique ideas by using free online brainstorming softwares. Taking previously unknown personal values, beliefs and connecting them to your aspirations and intentions is the part we call “art.” Sometimes you need to approach the problem differently to see an existing connection. 

A business coach can help you to look at a certain situation from a different perspective. You will not find anyone else who is that dedicated to providing you with guidance. A great coach will keep every other thing and thoughts at bay. This allows them to pose questions without judgment that reveal deeply ingrained principles that might be overlooked otherwise.

Unlike the gossipers in your neighborhood or business, a coach’s job is to lead you toward your own goals by suspending judgment.

If you want to hire a business coach, you can consult Dr Vivek Bindra, the best corporate trainer and business coach in India.  

To know more, visit us at: https://www.badabusiness.com/

Categories
Strategy

Invest In The Right Stock With These 5 Steps

Invest in the Right Stock with these 5 Steps
Invest in the Right Stock with these 5 Steps

Summary: Investing in stocks is a great way to create passive income. Find out how to select stocks to invest in India.

We Indians have a love-hate relationship with the stock market. We all love it when the market goes upward and hate it when it goes downhill. However, many people today have started investing in the stock market.

But many of us often shy away from investing because most of us are either uninformed or misinformed. The most crucial factor that ensures success in the stock market is the correct information and knowledge about the market terminology so that you can do a fundamental analysis of stocks. You can also take help from a trading coach or a business coach to learn about the stock market.

A deep analysis of stocks helps you to choose stocks with good profits. If the selected stocks turn out wrong, you may have to incur losses. If you want to start investing in stocks, let’s take a look at the steps involved in picking the stocks to invest in India:

1. Analyze the Business

If a stock catches your attention, do not jump, and invest blindly. No matter how lucrative a stock appears, being an investor, it would be best if you looked at some years of consistency behind your stock of choice. Also, try to invest in a business that you understand at some fundamental level. When you know a business, you can easily make an informed decision.

2. Understand Numbers, Relevance & Importance

While doing the fundamental analysis of stocks, numbers in various forms will present valuable information to help you make an informed decision. From an asset turnover ratio that should be improving to a Debt/Equity ratio less than 1, always consider these factors before investing in a stock. A business coach with trading experience can help you analyze market trends and numbers.

3. Keep Your Eyes Open

Investing in stocks requires staying updated with the market news and opinions. The market is volatile, and hence, you must read financial information and keep up with the industry blogs by credible writers. If you are an entrepreneur, you can hire the best CEO Coach, who can help you figure out various shortcomings in your finances and other business operations.

4. Diversification

Whether you are a beginner or a seasoned investor, diversification is one of the most vital strategies to invest in the industry because it mitigates the chance of losses. This technique is not to put all your money in one place. Diversification promotes spreading the capital in different stocks across various industries. This squares the losses you incur in one stock with the profits you make in others.

5. Follow Public Interests & Events

Specific trends in culture and lifestyle can spark public interest in a particular sector, product, or service. This can eventually increase demand and result in considerable price movements for specific stocks. You can capitalize on such opportunities by following the trends and analyzing them to make informed investment decisions. Take help from a professional business trainer to strategize and stay updated with the market trends.

Everyone knows that they can start trading in the market by opening a Demat account online. But that’s not it! To invest and grow income through the stock market, one needs to pick the right stock. If you are a beginner, we suggest you go through the five steps mentioned above to understand the risks involved.

Having a compelling marketing idea is excellent. But you know what is even better? Personal guidance to increase your brand presence consistently to facilitate sales, engage your customers and close leads. Learn sales strategies from the masters with our Business coaching program.

Categories
Strategy

5 Powerful Strategies To Increase Sales In A Startup Business

5 Powerful Strategies To Increase Sales In A Startup Business
5 Powerful Strategies To Increase Sales In A Startup Business

Summary: For businesses to scale, strategies that fuel growth are necessary.

Every business thrives on revenue. The primary source of generating revenue is sales. Businesses all around the globe have been chasing sales numbers. To ensure that a business is doing well in sales, many companies advise other organizations on how to achieve those numbers.

Yet, despite all the available assistance, many companies often overlook the value of their sales strategies that can skyrocket their profit margin and revenue. Though entrepreneurs often know about multiple ways to increase sales, they often find themselves in a dilemma about what strategy they should implement.

If you are an entrepreneur and experiencing the same challenge in your business, you can consult Business Coach to get proper guidance. Here are five strategies that will increase your business sales:

1. Know Everything About Your Niche

If you have designed a specialized product or service that resolves your customers’ problems and meets the demands of your target customers; you are on the right track. If not, your first step should be to go back and brainstorm precisely how your brand provides something unique and different from your competitors.

If your product is not in much demand, you can revamp it to make it more appealing to your target audience. You can also consult the Best Business Trainer in India who can help you navigate through these challenges.

2. Build Valuable Relationships

If you are struggling to increase sales, offer services that are beyond what is just required in a way that inspires a customer to stay in your brand experience. Give your customers an experience that will make them feel like a king, and they will come back again and again. Think about your customer journey regarding pre, during, and post-experience. This will create an opportunity for smooth upsell and cross-sell offerings.

Learn the art of upselling and cross-selling in this video by Dr Vivek Bindra, one of the best business motivational speakers in India:

3. Cross-Sell Complimentary Products

Before focusing on the acquisition:

  • Focus on retention because you don’t want a leaky bucket.
  • So, try to increase sales through cross-selling complementary products or services to your existing clients.
  • Sell products that will solve the need not fulfilled by the original purchase.

4. Leverage the Power of Social Media

Social media is one of the most affordable ways to get access to a large audience in a short time. It is a vital resource when it comes to lead generation. Social media is more than just posting. So, focus on building relationships with your audience by educating them about your business, products, or services. Be sure to comment on others’ posts, like, and engage with potential clients.

5. Don’t Forget to Provide Necessary Knowledge to your Team.

Always ensure that your team has all the essential knowledge about the product and service they are trying to sell to potential customers. If they can talk about all your offerings easily, it will be easy for them to connect with your consumer’s needs and your entire range of services.

A great customer experience means more business and ultimately more sales. You can train your sales team to listen and add value to the overall sales experience. If you need a piece of expert advice, you can work along with business coach for entrepreneurs.

To ensure that your business is growing, do what nobody else is doing to see returns that nobody else is receiving. You can implement strategies that are mentioned above for better sales. The idea of managing a business is more straightforward said than done, and we 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.

Categories
Leadership Building

5 Key Leadership Skills Every Entrepreneur Needs To Develop

5 Key Leadership Skills Every Entrepreneur Needs To Develop
5 Key Leadership Skills Every Entrepreneur Needs To Develop

Summary: To become an effective leader in business development, it takes an individual who is more than just a manager.

When you start a small business, you have to take on many roles. From being the marketer of products to analyzing the market, there are so many responsibilities that you will have to take in the initial phase. Though having some basic knowledge about various business operations can go a long way, having leadership skills can add a new dimension to your startup business.

Having a set of leadership skills will help you close some of the most important business deals, but it will also help you establish a good relationship with your customers. This will also increase productivity in the future. If you want to sharpen your skills, you can work with the best leadership trainer in India, like Dr Vivek Bindra. 

Here is a list of 5 key leadership skills every young entrepreneur needs to develop:

1. Social-Emotional Intelligence

Whether you are talking to your peers and co-workers or trying to close a deal with your client, social-emotional intelligence (EQ) is a crucial skill to master. An emotional quotient or emotional intelligence is taking charge and managing emotions.

When you take charge of how you feel about a particular situation and understand your emotions, you can turn it into an advantage. In this world where along with computers, humans are also becoming mechanical, this skill is needed more than ever. Want to take charge of your emotions? You can consult with leadership speaker in India.

2. Passion

It is easy to dream but challenging to work upon it. Great leaders do not just have long-term goals but also have the dynamism and tenacity to work toward them through an ecosystem of people, data, culture, technology, and more.

3. Ability to Adopt New Technology

Technology is evolving every day. Hence, every great leader should focus on leveraging new technologies that can help to give their business a rapid growth. A touch of technology will ease down daily tasks like finding qualified leads, finding the sales pipeline, and tracking ROI. It will also provide greater value not only to clients but also internally.

4. Communicate Simply

Simplicity is the key, and this applies to every aspect of a business. However, with the advancement of technology, there is an ever-growing stockpile of solutions for any given problem. But each subsequent answer sometimes is far more challenging to understand than the previous one.

In this case, any entrepreneur needs to explain their solutions in a simple, easy-to-understand manner for clients to understand what they may be buying into. You can take help from a professional leadership speaker in India to hone your skills.

5. Coaching

Not everyone can become a powerful business coach or a mentor to their colleagues. But a great leader does! Practical coaching skills are essential in today’s world. Entrepreneurs need to be more than just managers committed to their success. A well-coached leader will not just outperform their competitors but will also build relationships for future business. They are more likely to be professionally equipped and dedicated to their professional and personal goals.

Approaching challenges with an open mindset and untraditional approach is essential in today’s business world. Therefore, being an effective mover and shaker in this dynamic business world takes a humble leader with a vision who can guide a team and the business towards growth.

The idea of managing a business is more straightforward said than done, and we 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.

Categories
Motivational

5 Ways To Establish Your Personal Brand

5 Ways To Establish Your Personal Brand
5 Ways To Establish Your Personal Brand

Summary: One rule that can help young entrepreneurs stay on top of their game is being open to doing things that have never been done before!

Whether you are eyeing a promotion, looking for your dream job, planning to switch careers, or learning a new skill, qualification alone will not help you succeed. To achieve success, it is essential to build your brand. It is an exclusive combination of experience, expertise, and credentials that distinguishes you from competitors and helps you to stand out.

Whether you are looking to work with new clients or want to increase your consumer base, your brand matters. Here are five lessons that can help you build your personal brand:

1. Become an Expert

Gone are the days when “Jack of all trades, Master of none” was considered valuable. Today, people respect an expert more than a generalist. Many successful billionaires often advise narrowing down the focus so that your brand can own a word in the prospect’s mind. For instance, if you have excellent business knowledge, you can become a business motivational speaker in India.

2. Bringing Unique Concepts

10 to 15 years back, no one would have thought about receiving our favorite food at our doorstep. But the concept was introduced in our country, and the trend gained popularity. Hence, to stand out in your field, you will have to come up with innovative concepts and fresh ideas.

3. Earn your credentials

To make yourself valuable, you need credibility. For instance, Arunima Sinha, a former national-level volleyball player, was thrown out of a moving train by robbers. She lost both her legs in this accident. While receiving treatment, she resolved to climb Mount Everest—the highest peak in the world. In 2013, Arunima became the first female amputee to climb Mt. Everest at 25.

She didn’t stop at it. By the age of 30, she had climbed the highest mountain peaks on each of the seven continents. The Government of India has honored her with the Padma Shri award.

4. Build visibility around your domain.

From writing articles in popular publications to making videos on YouTube, speaking about your domain can help position you as an authority, grow your network, and earn the audience’s trust.

5. Upgrade Your Craft

Building your brand is not a 100-meter race. It is a marathon that requires persistence, patience, and hard work. Keep updating your knowledge bank regarding your industry and market trends. This will help you to stay one step ahead of your competitors.

Building a personal brand not just propels you closer to your goals; it helps you create a foundation that guarantees success. It is the only response to a fast-changing and competitive marketplace. Thus, in your journey to becoming a remarkable personal brand- stay consistent, humble, and relevant by using the strategies we have mentioned above.

Need personal guidance to increase your brand presence consistently to facilitate sales, engage your customers and close leads? Join our Business Coaching Program! To know more, visit www.badabusiness.com.

Categories
Motivational

5 Reasons Behind The Success Of Amazon!

5 Reasons Behind The Success Of Amazon!
5 Reasons Behind The Success Of Amazon!

Summary: From a book-selling website to becoming a household name for almost everything, Amazon has come a long way. Ever wondered what made it so successful?

Surely, it wasn’t just luck. Amazon was first established in 1995 as a simple book-selling website. Within a month of opening, it had already shipped its products to 40 countries. Over the following years, the brand kept on evolving and flourishing, becoming a brand that is known as one of the most respected, largest, and most powerful companies in the world.

Over the last decade, the company has transformed in various ways to increase its reach, customer base, and product range. Whether you need a pen, a book, a refrigerator, a tv, or a smartphone, we know we can get everything on Amazon, right?

So what makes Amazon so successful? Some key reasons make Jeff Bezos`s company a flourishing venture:

1. They are more adaptive to Innovative Technology

The major contributor to Amazon`s success is its ability to innovate continuously. It didn’t wait for someone else to create its business model. Rather, they kept on experimenting with new technologies and happily embraced modern practices. For instance with their impressive voice command device- the Echo, Amazon created a moment of disruption. The echo can be used to play songs, control Bluetooth devices, enquire about the weather, set alarms, and also make calls. You can check out the case study of Amazon`s CEO- Jeff Bezos, here.

2. A Diverse Range of Products & Categories

Starting as a website to sell books, Amazon, later on, diversified its products range and added more categories for the convenience of its target consumers. This diversification has helped them to be the-go-to for a large number of consumers. From groceries to Amazon wallets, most customers know you can buy just about anything by going to Amazon`s site or mobile app.

In any business, diversification is necessary for the scalability of the business. The more you diversify the services and products you provide to your customers, the more likely it is that your business will grow. If you are looking to scale your business, this video will help you.

3. Excellent Customer Service

One of the strongest pillars of Amazon`s success is its exceptional customer service. From tracking orders to returning items, the site is well equipped to meet the demands of its customers. Having a winning customer service team is essential for any business and Amazon has built a reputation for superior customer service in multiple ways. It handles all the queries impressively. It offers round-the-clock assistance. It has played its strategy well by partnering with many competitors, like Kohl’s to offer in-person returns of products.

They engage in conversations with their customers and this is one of the major reasons why customers keep coming back to Amazon.

4. They Utilize Collected Data & Learn

Most often companies collect data but fail to take the appropriate step. Unlike others, Amazon gathers its data from sales, affiliate marketing, social media campaigns, and many other touch-points to make vital decisions and build strategies. The company recognizes what its customers want, so they work on it and up their game plan to reach that target section.

Companies, that can learn from their customers and resolve the challenges they are facing, always stand out. To learn more, you can take our problem solving courses and gain in-depth knowledge.

5. A Winning Attitude

Back in 1997, Bezos told Inc. Magazine that Amazon will remain unprofitable for a long time before they would see a return. His progressive mindset kept the company pushing through various strategies until 2003. In 2003 the company posted its first profit. Amazon has grown up from a little online bookstore to an e-commerce giant. Amazon created the industry for total domination.

If you too want to scale your e-commerce business, these points will help you. All you have to figure out is how you can integrate these strategies into your 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.

Categories
Motivational

Top 10 Quotes On Entrepreneurship To Keep You Motivated & Inspired

Top 10 Quotes On Entrepreneurship To Keep You Motivated & Inspired
Top 10 Quotes On Entrepreneurship To Keep You Motivated & Inspired

Entrepreneurship can take you to a world that is completely different and multi-dimensional. From taking care of business to prioritizing your own physical and mental well-being the journey can feel like a roller-coaster. The lack of a steady pay cheque, market fluctuations, and irregular working hours are some of the many variables an entrepreneur has to juggle continuously.

India`s startup ecosystem is booming with new projects and many startups have joined the elite unicorn club. It simply means that the trend will surely rise, and one can take a lot more experience and knowledge to draw on when in doubt.

Sometimes the burden of transforming your dreams into reality can take a toll and one can feel demotivated and uninspired after a few initial setbacks. You can consult with some of the best motivational speakers in India to feel inspired again.

Here is a list of 10 quotes to inspire you by some of the smartest and brightest minds, inventors, and leaders this world has ever seen:

1. It is fine to celebrate success, but it is more important to heed the lessons of failure. – Bill Gates (https://www.youtube.com/watch?v=SbOX3i-j-sw )

2. Logic will get you from A to B. Imagination will take you everywhere. – Albert Einstein

3. Success is walking from failure to failure with no loss of enthusiasm. – Winston Churchill

4. Take the stones people throw at you and use them to build a monument.- Ratan Tata ( https://www.youtube.com/watch?v=zDhF8OMwsTY )

5. If you don`t build your dreams, someone else will hire you to help them build theirs. – Dhirubhai Ambani

6. Don’t let the noise of others’ opinions drown out your own inner voice.- Steve Jobs (https://www.youtube.com/watch?v=szTlrjF9TdM )

7. Don’t take rest after your first victory because if you fail in second, more lips are waiting to say that your first victory was just luck.- A.P.J Abdul Kalam ( https://www.youtube.com/watch?v=1vbMVOA8U0o )

8. Leadership is hard to define and good leadership even harder. But if you can get people to follow you to the ends of the earth, you are a great leader. – Indra Nooyi

9. Uncommon thinkers reuse what common thinkers refuse.- JRD Tata

10. We are what our thoughts have made us; so take care about what you think. Words are secondary. Thoughts live; they travel far.- Swami Vivekananda

We hope these quotes have inspired you to take on the world, once again. To hone your business skills, you can take BCP Bada 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.

You can boost your sales easily with the right guidance from a business expert.  Learn to generate high revenue earning products for sales, generate payment links for customers, managing account-related details. Solve your problems in just one click: https://www.badabusiness.com/psc

Categories
Strategy

5 Time Management Strategies For Business Growth

5 Time Management Strategies For Business Growth
5 Time Management Strategies For Business Growth

Summary: You don`t need to work for ten hours to accomplish your goals. You can work less and grow your business with these three principles.

Time management is something most entrepreneurs and business owners struggle with. We all keep on looking for ways that can help us to achieve more in less time.

Though time is a limited commodity, if you invest in it smartly, your life will be transformed irrespective of your age, religion, caste, creed, occupation, and gender. So if you are serious about achieving your goals, you should find good time management and work on it.

Many people work for 20-22 hours and still complain that most of their tasks are not completed. But, if you take care of your tasks completed, you can finish them on time.

Here are 5 principles that will help you to manage time constructively:

1. Set Your Mindset

“Simple scales, complexity fails.”- Steve Jobs

Everything begins in your mind. Many of us often believe that more growth means more work and a lot of us simply don`t think that it is possible to have more free time and scale up our startup business. However, to bring significant changes in our life, we need to make changes consciously.

Entrepreneurs often feel that they need to find more people and processes if they want to get work done and save time too. But if you add more elements to your business, even to save labor, you will end up adding more complexity. Hence, find more creative ways to remove tasks from your day, not add them.

2. Prioritize tasks that Yield High Results

Once you read this, you might think that it is the most logical thing to do. But ask yourself, if it is so obvious, why we don`t do it? If you take an audit of your daily tasks, you might realize that your day is packed with tasks that are not giving you results.

So, sort out your daily tasks and make a list. Whether it is answering your phone calls or taking team meetings, producing reports, or answering emails, list out every task. Most of the tasks that yield fewer results take most of your time and money.

According to the time management Pareto Principle- 80% of your results are coming from 20% of your work. All the other tasks are just wasting your time. This can also be implemented on your client base too. 80% of the company`s revenue is coming from 20% of your clients.

So to deal with this you can make a list of those tasks that yield more results. You can also consult with a business coach as well to understand the dynamics of time management. You can also watch some of the best time management techniques, right here:

3. Spend Mornings at MIT’s

Mark Twain once said, “if it is your job to eat a frog, it is best to do it first thing in the morning. And if it is your job to eat 2 frogs, it is best to eat the biggest one”. His point? Tackle the most important tasks in the morning that needs your complete focus and creativity. Accomplishing these tasks will give you a sense of achievement.

4. Prepare to-do lists in advance for the next day

Make a list for the next day every single evening before hitting the bed. Writing down all the activities in your list gives you time to plan for your day in advance. It helps you prioritize your tasks and finish them on time.

Time management is a must-have skill for every entrepreneur as it brings a harmonious balance between work and personal life. Where carrying out daily tasks successfully ensures a bright future, maintaining a personal life is also vital for well-being.

5. Do Deep Work

Coined by Cal Newport ‘Deep Work states that activities that require 100% focus and energy must be completed first in a state of distraction-free concentration that your cognitive capabilities to their limit. With this technique, you produce work with exceptional quality and value. This technique of time management strategy can also help you to improve your skills and do things that are hard to replicate.

The above-mentioned time management tips can boost your productivity. Apply these in your daily life and you can achieve more by doing less. Finishing your tasks on time will not only help you accomplish your long-term goals but also instill a sense of achievement that will keep you motivated.

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