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StrategyDriven Practices for Professionals Article

Ten Mistakes People Make In Business And How To Avoid Them

StrategyDriven Practices for Professionals Article
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Making mistakes is fine. We all do it, from small mistakes to life-changing disasters. So it is with people in business. Embarking on a new venture can be rewarding, and the chances of getting things wrong are high. But then again, nobody’s perfect, not even experienced business owners with inflated egos and know-it-all attitudes

Whatever your position in business, take heed of the following mistakes that many people make along the way.

Having no vision

You need to have a vision for your company. Without one, you are destined to fail. You need a business plan, so you know where you are heading. Consider your target demographic, budget, and your goals in both the short and long term.

Being second best.

Maybe you have a business selling cushions. You may think you are the greatest cushion maker there has ever been. However, there are a lot of other cushion sellers out there, so you need to be able to compete with them to stand out in the market place. Check out the competition and find ways to make your product unique, in design and affordability. No matter how busy you get, don’t get corners. If your product is not up to scratch, it is not going to sell.

Doing everything

Sadly, no matter what you think, you are not superhuman. You may be able to take on some or all of the tasks your business needs, but you will be tiring yourself if you try to do everything. Find people who can help you, such as hiring new staff or an accountant for financial matters. Ultimately, it is better to be a master of a few things rather than everything.

Poor marketing

All good businesses use the power of the internet  for their services. Whether you own an actual store or are setting up a business when working from home, you need to get online. Create a website to sell your product. Make a social media account, Facebook or Pinterest for example, and rally a legion of followers and customers. Send out business cards and flyers, through email and the post to local houses and businesses. Hire somebody with SEO skills to ensure you are featured prominently on search engines. Take out ads in the local media, including radio and newspapers.

It is rare that people will just stumble on to your business, so make it easy for them to find you.

Not budgeting properly

Many companies fall at the first hurdle because money dries up. You need to plan right at the beginning of your business, be it through saving capital or taking out a bank loan. You will run at a loss initially, but with the right marketing and selling tools, you will eventually make money.

Money invested into the business should not go towards the new TV you always wanted, so have separate bank accounts for business and personal use.

Most of us buy insurance cover to protect our lives and homes from potential damages. Doing the same for our business is equally as important. There are different types of business insurance, covering your assets, employees, and liability in the event your product harms somebody after purchase. It may cost a little in the short term, but is vital for the long term.

You still have a life outside of your business, so in budgeting take into account other important expenditure such as family, bills, and food!

Not taking it seriously

There is a lot of hard work involved in setting up a business, so it is important to take it seriously and not treat it like a hobby. Check out the competition when considering prices, spend time maintaining your website, and do all the legal and accounting paperwork. Cutting corners in any area of the business may cause problems down the line. Yes, it is hard work, but it should be worth it down the line when you start making a profit.

Poor leadership

If you have a small or large team working with you, it is important to communicate with them clearly. Share with your team the company vision and work collaboratively in making it come to fruition. Be honest about your feelings towards them, giving praise when it is due and pulling individuals up if they are slacking. Good communication is a two-way process so listen to the opinions of your team. Be a good role model, inspiring the trust of those around you. A good leader is one who knows what he wants and delivers on his promises. It is important to give equal respect to everybody on the team, to ensure you get the same in return.

Ignoring customer needs

Without customers, the business is not going to go anywhere. Therefore it is important to understand the needs of the customer. For example, help them to save money by offering promotional deals and allowing for free shipping of your product. Listen to any feedback and take action on it. When a customer raises a question, don’t wait a week before you answer them. Remember, there are probably hundreds of businesses like yours, so maintain customer loyalty, and consider these customer service quotes.

Forgetting their personal lives

Of course, you want to make a good go of your business, but don’t forget other areas of your life. Spend time with family and friends, and enlist their moral support in both the good and the bad times. Make sure you eat well and maintain a healthy lifestyle, including exercise to build up your physical and mental health. Being happy in both your personal and professional lives is important as if you fail in one you may fail in the other.

Giving up

You aren’t going to get rich overnight; it could take years to achieve. Whatever pitfalls you encounter, don’t give up too early. You need to persevere, seek help where you need it and be prepared to eat humble pie occasionally. If it doesn’t work out, well, at least you tried. Whatever mistakes you make, learn from them.

StrategyDriven Practices for Professional Article
Photo courtesy of Walter Lim via flickr

Tony J. Selimi

How to Fast-track and Accelerate Your Human Potential Beyond Perceived Limits

What if through every struggle, adversity, illness or ending in your life you adopted a new, simple, and yet a very powerful tool that helps you identify the root cause of your problems, fears, and disempowered mental states that make you feel as if you are broken and in need of a “fix”?

What if you discovered that by design you were built with a powerful ALARM that alerts you each time you are not aligned to your true essence? What if this inbuilt security system is what activates your switch that turns on your inner light, puts you back on track to accelerate your human potential, and supports you to achieve outcomes that go way beyond your expectations? What miracles would you then create in your life?

Since I can remember, I was curious to know why some people have it all and others spend their entire life suffering, struggling, and make ends meet. I wanted to know why some people die young and others live healthy until very old age. Why some people find it easy to achieve their dreams, heal fast, and easily attract opportunities in their lives and yet others were consumed by their negative self-talk, illness, and blaming others for their misfortune.

By design we are extraordinary, our evolutionary advantage is our brain and our ability to communicate, plan, reason and work together, our survival depends on our collective ability and not on our individual mind. We are connected across all of live spans to one another, through invisible forces that bind us.

To stay present in the midst of adversity, it helps to be deeply rooted within ourselves; otherwise, the mind and our emotions, which have incredible momentum, will drag us into the deepest caves of the wretched solitude along like a wild and uncontrollable river.

I trust by now I have helped you awaken your curiosity and are asking what is it that you can do to accelerate your human potential and achieve extraordinary things in your life.

There are many ways you can do this, what I would like to share with you is the five key principles of TJS Evolutionary Method that I use daily to help my clients that you too can use on your journey to creating and living an extraordinary life.

  1. Acknowledge that support and challenge will always be part of your life. To do that you need first and foremost become aware of the form in which support shows when you are challenged and the form in which the challenge is present when you feel supported.
  2. Question the Rules that hold you back from honouring the infinite wisdom of love and from being centred in your heart. Develop a bold and balanced vision of yourself and of the future of humanity: Cut through to the root of exactly what it is that you want and find the most optimal path to getting there.
  3. Thrive to achieve self-actualisation by focusing inwardly, boosting your mental, physical, emotional and etheric body with knowledge and the wisdom required to immunize itself against many of the life adversities that may come your way. Combine Science and Spirituality to evolve your being.
  4. Make a conscious choice to turn any life struggle that you may be experiencing into seeds of gratitude and fuel for love, great health, and heart based living.
  5. Get connected and pave the way for you to unlock, listen, and use your hearts intelligence to create life miracles, a global coherence that shifts the evolution of mankind towards a more balanced, collaborative and peaceful world.

Spirit-based principles and practical, do-them-in-the-moment tools shared in both books are there to help you bring into your own life the hidden miracles of your true essence, equilibrate your mind and amplify your intuition and rebalance your inner being that is required for you to be extraordinary.

Lastly, remember, you are the call for love, the solutions people need to redefine themselves in the face of life’s greatest challenges and the light they need to help them get on a path that shifts them towards love, wisdom, wealth and making a greater impact in the world.

Use these five vital principles daily, they will help you build the skills, tools and the knowledge required to overcome the physical ramifications of loneliness, accelerate your human growth, and help you live an epic life.


About the Author

Tony J. SelimiTony J. Selimi is internationally known as a human behavior, cognition and emotional intelligence expert. He is a keynote speaker, entrepreneur and the creator of the TJS Evolutionary Method. Tony is an award-winning and international best-selling author of A Path to Wisdom – How to Live a Balanced, Healthy and Peaceful Life and Loneliness: The Virus of the Modern Age. He teaches people the tools and the knowledge required to face life’s greatest adversity head on and live life in a specific state of self-mastery that helps them accelerate their human growth, potential and impact. For more information, visit www.tonyselimi.com.

StrategyDriven Practice for Professionals Article

Practices for Professionals – How to Ensure Your Year is a Good One

StrategyDriven Practices for Professionals ArticleMany top executives are hired because their knowledge and experience will combine with and enhance current corporate practices; resulting in improved performance and higher profits. But what happens when this hybrid becomes the new norm and performance and profits plateau? The executive is replaced.  
 
 
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Reaching Your Ultimate Potential

“You have potential.” Those words have never seemed to move people toward success. They send the message, “You are not yet where you need to be.” The spirit of the message, that you believe in that person is an important one. However, what’s key is not just that you believe in someone, it’s teaching them how to get to where they need to go.

Strong belief drives strong behavior. The way to increase your belief in yourself is to make progress toward your success. Momentum is contagious and pushes back any resistance we may face. Many people put limitations on themselves and get in their own way of their ultimate potential. The best thing you can do is know what you want, know what is holding you back, and create a self-strategy to get there.

3 Ways to Develop a Self-Strategy


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About the Author

Dr. Rob Fazio is the author of Simple Is the New Smart. He is the Managing Partner of OnPoint Advising, Inc. Rob advises with executives, athletes, and businesses internationally to guide them toward success. He can be reached at [email protected].

Marie Peeler

Becoming a Smarter Leader

One of the traits that often come to mind when people describe leaders is intellect. A leader is expected to be smart. But being smart shouldn’t be a static condition – there are always opportunities to expand your knowledge base. Here are a few ideas of ways to not only become smarter, but to become a more effective leader at the same time.


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About the Author

Marie PeelerMarie Peeler is the principal of Peeler Associates, a Pembroke, Mass.-based organization that helps leaders enhance their leadership effectiveness, focus on what’s most important, and achieve their goals. Believing that growth is vital in maintaining and increasing leadership effectiveness – growth of individual leaders, growth of leadership teams, and growth of organizations – Marie helps leaders grow through executive coaching, team building, organizational development, leadership training, business retreats, and keynote speaking. For more information, please visit www.peelerassociates.com.