5 habits of successful people

5 habits of successful people

start a business, Success

I’m planning to share five of those self-made habits, and that i hope you’ll think about integrating them into your life.

1) successful individuals believe Themselves

If you’re planning to achieve success in making the lifetime of your dreams, you have got to believe that you just are capable of creating it happen. believing in yourself could be a alternative.

Successful people assume in favor of themselves and act as if achieving their goals is totally attainable.

2) They Set Goals

Experts on the science of success have disclosed that the brain could be a goal-setting organism. And self-made folks understand that if they offer a goal to their subconscious, it’ll work night and day to realize it. They set high goals that square measure each realistic and measurable, and that they build a trial to figure towards those goals on a daily basis.

3) they’re going the additional Mile

Successful folks understand that if they require to actually surpass in business, school, and life, they need to travel the additional mile. they offer the individuals around them — their customers, team, family — over is predicted and, in return, they’re handsomely rewarded with loyalty, referrals, chance, and money.

They don’t specialize in the “What’s In It For Me” policy. They don’t place stock in whether or not one thing is truthful or whether or not they’ll be stipendiary or recognized for additional effort. Instead, they specialize in exceptional expectation, paying further attention to detail, and providing quality work specially else.

4) They Take Action

Successful people understand that the planet doesn’t pay you for what you know; it pays you for what you are doing. they create some extent to make a vision, set goals, break them down into tiny steps, visualize and affirm their success, believe themselves, so get out there and choose it. they’re keenly attentive to the very fact that nothing happens till they take action.

When you take action, you trigger all types of things which will inevitably carry you to success. you start to find out things from your experiences that can’t be learned from paying attention to others or from reading books. And you start to draw in others UN agency can support and encourage you.

5) They follow Appreciation

Successful folks understand that after they show appreciation to the folks in their lives — like their staff, loved ones, or colleagues — they not solely build those individuals feel higher, however they themselves feel higher and additional self-made.

The fact is, people are more possible to assist you achieve your goals if they believe that you just appreciate their efforts. there’s no draw back to this. Appreciation prices nothing, and nobody has ever complained concerning being over-appreciated.

Keeping these five habits in mind, i would like to depart you with a little of preparation to complete. Write down a pair of of the habits that I listed on top of that you just feel you’ll be able to — and may — incorporate into your day-after-day life.

To hold yourself responsible, leave a comment below with the habits you intend on adopting. I’ll follow up with you to form positive you’re staying on track!

How Do I Start a Small Business?

Grow fast in startup, Growthhacking, start a business, startups, Uncategorized



1. Have an idea. It might be a product you’ve always wanted to make, or a service you feel people need. It might even be something people don’t know they need yet, because it hasn’t been invented!

  • It can be helpful—–and fun—–to have people who are bright and creative join you for a casual brainstorming session. Start with a simple question like: “what shall we build?”. The idea is not to create a business plan, just to generate some ideas. Many of the ideas will be duds, and there will be quite a few ordinary ones, but a few will emerge that have real potential.
2. Define your goals. Do you want financial independence, eventually selling your business to the highest bidder? Do you want something small and sustainable, that you love doing and want to derive a steady income from? These are the things that are good to know very early on.

3. Create a working name. You could even do this before you have an idea for the business, and if the name is good, you may find it helps you define your business idea. As your plan grows, and things begin to take shape, the perfect name may come to you, but don’t let that hinder you in the early phases—–create a name that you can use while you plan, and don’t mind changing later.
  • For a bit of fun, take a cue from the Beatles, who often use fun names for a song before it is finalized, like Yesterday, which had the working title of “Scrambled Eggs.”

4. Define your team. Will you do this alone, or will you bring in one or two trusted friends to join you? This brings a lot of synergy to the table, as people bounce ideas off each other. Two people together can often create something that is greater than the sum of the two separate parts.
  • Think of some of the biggest success stories in recent times include John Lennon and Paul McCartney; Bill Gates and Paul Allen; Steve Jobs and Steve Wozniak; and Larry Page and Sergey Brin. In every case, the partnership brought out the best in both sides of the equation, and every one of them became billionaires. Is a partnership a guarantee of being a billionaire? No, but it doesn’t hurt!
5. Choose wisely. When choosing the person or people you’re going to build the business with, be careful. Even if someone is your best friend, it doesn’t mean that you will partner well in a business operation. Start it with a reliable person. Things to consider when choosing your co-leaders and support cast include:
  • Does the other person complement your weaknesses? Or do both of you bring only one set of the same skills to the table? If the latter, be wary as you can have too many cooks doing the same thing while other things are left unattended.
  • Do you see eye to eye on the big picture? Arguments about the details are a given, and are important for getting things right. But not seeing eye to eye on the big picture, the real purpose of your business can cause a split that may be irreparable. Be sure your team cares about the and buys into the purpose as much as you do.
  • If interviewing people, do some reading on how to spot real talent beyond the certifications, degrees or lack thereof. People’s innate talents can often be somewhat different from the conventional education streams they’ve pursued (or failed to) and it’s important to look for “click” (you get along with them) and latent talents as much as paper credentials
    .

5 Ways to Identify Future Business Opportunities

Business Ideas, start a business, Uncategorized



There are as many ways to evaluate as there are fish in the sea, but here are some basic topics that I use to measure my success keep me open to future opportunities.

1. Simplification

I know you have heard of the KISS Principle: Keep It Simple, Stupid!  This works really well for me.  I don’t like wasting time (mine or my customer’s) and thus this particular mantra, if you like, has become a very important measuring criterion.

Everything in my business has to be easy: to create, to implement, and to follow moving forward.  If things start to feel overly complicated, then I know I’m in trouble and look for ways to simplify my task.


Simplifying allows me to see what I need to cut out, what I need to continue and strengthen, and where the gaps are. Sometimes all I need to do to see an opportunity for simplicity is to strip things down to basic goals and the processes I use to reach them.  Taking the time to simplify now, will ensure that I am open to opportunities in the New Year.

2. Connection

When I was young they called it the “food chain.”  The bigger fish eat the smaller fish…but now educators call it the “food web.”  It’s not a linear progression from one fish to another, it’s about the connections between the fish, the plants, bacteria, the water, and so much more.

Businesses are like that! Connections are key to creating opportunities.

Of course, you have heard this before.  But keep reminding yourself that the right connections not only can increase your client base and income but also create new opportunities for further development in both business and personal life.


You never know where any, one single fish (or connection) in your web might lead you!  The broader the web you create, the higher the chances of connectivity leading to amazing opportunities.

3. Education

Everyone knows that education is vital for children.  The problem is that many of us feel that once we finish school our schooling should end as well.

This is a mistake.  Education should be an ongoing part of your business, and your life!  Attend live and virtual events, talk about what you do with complete strangers on the bus, in a cafe, or at your kids’ school.  Insight or enlightenment can come from the most unlikely of places.

Read print and online publications, when you can, to see where the world of small business is heading and maybe discover a new direction you could take in your business.


Learning about your business, your topic, your field should not be seen as an “extra” but as an essential part of your business.  You will never know everything there is to know about your field, but the more you know the more opportunities you will see.

4. Critical Thinking

Critical thinking, as we know, is a skill that every manager is supposed to have.  But it’s sometimes hard to think critically about your own small business.

As you look for ways to improve your critical thinking in this year don’t forget to allow for “non-business” business thinking.  I find that spending time with kids playing with legos, playing chess, or doing puzzles not only rests my brain but stimulates it at the same time.  Saving Baby Born from hunger and fighting back dinosaur attacks enables me to free think and I often identify quite spectacular possible future scenarios for my business.


Critical thinking is essential, but there is no rule that it has to be done at your desk.  Try to ensure that you allow time for thinking in a variety of situations.  Creative critical thinking can solve challenges and help you visualize future opportunities.

5. Analysis

A SWOT analysis is a method of evaluation that maps out the Strengths, Weaknesses, Opportunities, and Threats in a situation.  Consider doing this at least once a year (or more often if you like) for your business to help you see any opportunities you may have missed in the grind of day to day management.

I love to review my SWOT analysis over time to see how the opportunities I identified in the past panned out.  It gives me such a feeling of accomplishment to see how strengths that I identified have been nurtured and have grown over time.

I try to do a SWOT analysis three or four times a year as my small business blooms because as a solopreneur it’s up to me to work with my wonderful self and to identify, foster and grow my own awesome opportunities.

Over to you, what helps you measure your success and identify future opportunities?


12 Leading Reasons of Business Failures

business, Business Fails, Business Ideas, start a business, Uncategorized




According to Business Survey.  magazine, 33% of all new businesses fail within the first six months. Fifty percent of new businesses fail within their first two years of operation and 75% fail within the first three years.


Here are the leading reasons of business failures.

1. No Business Plan


You‘ve heard the old saying “If you don’t know where you are going, how will you get there?” 

Too many business owners start their business without a plan. They simply “open their doors” for business and then expect to succeed. 

Before starting your business, take the time to develop a Business Plan. 

Your plan will identify what you want your business to accomplish (where you want to go) and the strategies that you will utilize (how you will get there).

(For tips on how to how to write a Business Plan, see the article entitled “How to Write an Effective Business Plan” in this section)

2. Under Funded 


Many businesses fail within the first few months, because the owner runs out of money. 

When starting any business, you will need money for all of your start up costs as well as money to sustain the business for the first few months of operation (until cash flow from operations is positive). 

Running out of money is a result of poor planning. A properly developed Business Plan will tell you exactly how much money you require for start up expenditures and to operate the business until cash flow is positive.

A business owner should develop Income Statements and Cash Flow Statements for the first two years of operations. That will tell you whether or not you have sufficient funds to sustain the business until it is profitable. 

3. Lack of Operating Goals and Objectives


Many business owners create a Business Plan to obtain a loan. Once they receive their funding, they put their plan “on the shelf” and do nothing further with it. 

While it is important to have a Business Plan, it is also very important to have specific goals and objectives for the first twelve months of operations.

In your planning process, create goals and objectives for your business. Break down goals and objectives by quarter – in other words, identify all of the things that must be done during the first quarter, the second quarter, the third quarter and the fourth. 

Examples of specific goals could be for each month; revenue objectives, profit objectives, numbers of new customers, specific marketing and operational activities, etc.

4. Failure to Measure Goals and Objectives


All too often, once a business starts operating, the owner becomes too immersed in the ongoing daily activities to take the necessary time to assess the progress of the business. 

It is fine to establish operational goals and objectives, but you also have to measure how well your business is performing against those goals and objectives.

Measuring against the identified goals and objectives will tell the owner whether or not modifications and alternate strategies are required.

5. Failure to Pay Attention to Cash Flow


There is an old saying in business “Cash is King”. In the early months of your new business, monitoring cash flow is extremely important. 

It is really as simple as this: if you continue to spend more money than you bring in, you will soon be out of business. 

Cash flow is all of the money that you take in each month minus all of your expenditures. 

Cash inflow is cash sales and accounts receivables collected. 

Cash outflow is all monies paid for inventory purchases and operating expenses (rent, heat, hydro, salaries, marketing expenditures, etc.).

It is not uncommon for most businesses to have a negative cash flow for the first several months of operation (in some businesses this may be for more than a year). 

However, at a point in time, the cash from revenues will exceed expenditures and the business will be in a positive cash flow position. Every new business owner has to ensure that he / she has preserved enough cash to reach this point.

6. Failure to Understand the Industry and the Target Customer


Some business owners start their businesses before fully investigating the industry. 

What are the trends in your industry – is it growing or declining? What are the opportunities and what are the threats? Where can you position your business in this industry in order that your business will succeed? Will new technologies have an impact on your industry?

If you have not taken the time to understand your industry, you could be entering a “sunset industry”. 

I have worked with two companies that had to reinvent themselves because they were both in “sunset industries” due to changes in technology. One was a manufacturer of computer printer ribbons for dot matrix printers. This was a very good industry until the introduction of laser and ink jet printers. People stopped buying dot matrix printers and the demand for printer ribbons declined significantly. The other company was a cheque printing company. Due to electronic payments, the usage of cheques declined significantly.

Some business owners open their doors for business without taking the time to understand their target customers (buyer demographics and psychographics, how they buy, what they buy, when they buy, what motivates them to buy and where they buy). 

Do not expect that just because you are now in business, that customers will flock to your door. If you do not understand your target customer, how do expect to effectively reach them? 

7. No Means of Differentiation – Just Another “Me Too” Business


Many businesses have failed because they are just another “me too” business. 

Customers need a reason to come to, or to want to do business with your company. 

If your products or services are the same quality and prices as your competitor(s), why will people buy from you? They already have an existing supplier.

If however, you can offer a different or better product / service (better quality, lower prices, broader selection, faster delivery, better location, extended warranty, etc.), prospective customers will want to do business with your company.

Every business owner must objectively ask this question “If I were a customer, why would I want to do business with this (my) company?” If you cannot identify two good reasons, then rethink your positioning and your strategies.

8. Poor or No Marketing Programs in Which to Attract New Customers


Just because you have opened your doors for business, that does not mean that customers will beat a path to it. 

You have to announce to prospective customers that (a) you are open for business and (b) why they should want to deal with you.

By understanding the demographics and psychographics of your target customers, you can identify how to best reach them. 

There are numerous ways in which you can market your business. Some of the more common are: 

Advertisements (newspapers, magazines, radio, television, yellow pages, value packs); billboards; brochures (electronic and printed); cross marketing / cross promotions; direct mail; fax (broadcast or personalized); networking; newsletters; postcards; posters; promotional items; public speaking; referrals; sales calls (cold calls, scheduled calls); sales letters; seminars & workshops; signs (interior and exterior); targeted e-mail; telemarketing; telephone on hold messages; trade shows; website.

In order to ensure that your business succeeds, in the first few months you will have to implement marketing programs that get the attention of, and appeal to the needs of your target customers.

9. Underestimating the Competition


Some business owners underestimate the reaction of the competition when they start their businesses. 

Any owner of an existing business that perceives that a new entrant to the industry will be taking away some of their customers, will aggressively take steps to defend their customer base. 

They could do this by lowering prices, offering package / bundle pricing, extending terms, introducing new products, improving product quality, extending warranties, increasing marketing activities, etc.

Do no underestimate the competitive reactions to the start of your business. You may find yourself in an extended competitive “war”. 

10. Not Cost Competitive


Before starting your business, attempt to obtain information about and to understand the cost structure(s) and selling prices of your competitors. 

You may find that your competitors have lower operating costs than you. Your overhead may be too high. Your manufacturing processes may not be as efficient. 

If your selling prices are the same as your competitors and their operating costs are lower, their margins will be higher. If that is the case and you get into a protracted price war with a competitor, you will not survive. 

You will have to find ways to reduce the cost disparity if you plan to last in this industry. The lowest cost producer will always win a price war. 

11. Lack of Attention to Accounts Receivables and Inventory


Some businesses owners do not pay attention to their receivables and their inventories. Accounts receivable and inventory can suck cash from a business. 

If customers are not paying you, or are not paying you on time, they are using your money. 

If you have excess inventory or slow moving or obsolete inventory, you have your money tied up in products that are of little or no use to your business.

Just as you should be monitoring the cash in the bank, you should also be carefully watching accounts receivables and inventory levels. 

12. Poor People Management Skills


Many companies state that their employees are their most important asset. 

Frequently customers do business with an organization because they like the people that they deal with in that company. 

If you do not treat your people fairly and with respect, you may have a constant turnover of employees. 

After a while, due to constant turnover, customers may become wary about dealing with your company. 

If your business requires employees with unique skill sets, it may become difficult to find acceptable replacements. If that is the case, quality and output may suffer leading to customer dissatisfaction and a decline in your business.

Treat your employees well and they will enthusiastically help to grow your business.

Social Media Marketing: How to Grow Your Business Using Social Media

business, entrepreneurs, Grow fast in startup, start a business, startups, Uncategorized



This demonstrates a huge potential for social media marketing to increase sales, but a lack of understanding on how to achieve those results. Here’s a look at just some of the ways social media marketing can improve your business:


Does the thought of Social Media put you into a spin. What is Social Media Speak. Let me help you to enter this world of wonder and social marketing

1. Get your domain today.
  • Once you have a domain, you’ll need to buy hosting services and then begin to build your site. If you don’t know how to design a site, you can either hire a designer or use a site builder that offers pre-made templates through your host. No matter which method you choose, your site should include the following:
      1. Information about your company, product and opportunity
      2. A system for ordering your product or registering to operate a business
      3. Information about training and your support team
      4. A list of the advantages of joining your company and team
      5. The offer of a free e-book, document or newsletter if users give you their name and a valid e-mail
      6. An autoresponder that sends follow-up e-mails to everyone who provides their contact information. Make sure it can also send out newsletters.
2. Use blog/weblogs to your advantage.

  • You don’t have to be a penned wordsmith to be a good blogger. Blogging comes in many formats and the key is that blogging is conversational.
    • You can try traditionally penned blogs.
    • You can record audio tracks which is known as podcasting.
    • A third method is microblogging and a popular platform for this is twitter. In 140 characters or less microblogging allows you to engage prospects and carry out easy conversations.
  • Blogging is a critical component of social media marketing because it allows businesses to provide information through the use of fresh, relevant content.
  • Incorporating blogging as part of a company’s internet marketing strategy provides the company with a good opportunity to be found in the search engines for the company’s desired markets.
3. Create a network for your business online.
  • One of the most popular and highly addictive web 2.0 mediums for online consumers are the social networks.
  • Social networks allow consumers and business professionals to network among friends, strangers, acquaintances, and professionals all in one place.
  • If small businesses keep an open mind and keep their networks open they have the potential to grow their networks exponentially by allowing other consumers into their fold.
  • Social networks also allow businesses to update the public on new improvement in product lines, what an average day is like at xyz company. Social networks are varied in purpose and the amount of social networks can be mind numbing, but the most popular platforms determined by marketing research about consumer online behavior are currently LinkedIn, Twitter, and Facebook.
  • It brings you closer to the people who require your website, products, and line of business the most and gives you information about experience and feedback’s of your target market. 
4. Syndicate your content from your business to your online site.

  • Social networks and blog platforms are relatively low on cost investment, but they are far from maintenance free marketing endeavors.
    • To blog and create viable weekly online content the time commitment involved is a minimum of 5-10 hours a week.
    • How can you effectively communicate online through providing fresh and relevant information AND then market that information to all of your contacts across all of the social networks? The answer is syndication.
  • Syndicating content allows your message and your information to be reached across the worldwide web. You can syndicate your content by using an online social service that will broadcast your updates across the social networks. You can also syndicate your marketing collateral by using a service that will syndicate your flyers across social networks.

 Marketing tactics you may want to try out include:

  • Free classifieds
  • Pay-per-click advertising
  • Paid banner advertising
  • Writing articles that include links to your website
  • Starting a blog
  • Participating in forums and newsgroups
  • Starting an e-mail newsletter



Seven tips and tricks to help grow your new venture

business, Grow fast in startup, start a business, startups, Uncategorized




Growing any business is a challenge. Growing a new business–which usually also means limited resources to invest–is many times more difficult.


Here are seven tips and tricks to help grow your new venture with no money.

Build relationships. Relationships matter and good ones may be the most important things to your new business. So go get some. Go to meetings, meetups, panel discussions at colleges and universities, drop by your chamber of commerce or industry association. These events and opportunities are almost always free and the people there are usually as eager to meet you as you are to meet them.
“Every new person you meet is a potential relationship that can last a life long. Think about how this person can be of value to other in your network and watch you network grow. The more deposits you make the greater the return.”  

Be valuable. Exchanging business cards isn’t enough. Don’t think about how someone you meet can help you–think first about how you can help them. Who do you already know that your new contact should meet? Do you know another event that could interest them? Giving value is valuable. Everyone wants to help people who help them and being valuable is the best, fastest and most genuine way to get value in return.
“To be truly considered valuable, it’s important to be known as a relationship broker and thought leader. This happens through actions not promises. If you are consistently connecting people to relevant contacts and information on a weekly basis to help them achieve their goals, especially when they don’t ask for help, then you will receive similar value from the right individuals in your network in due time.”  

Think out loud. Thought leadership (sharing your ideas about your business, market, trends or most anything) helps spread your name and makes it easier for the public to understand you and what you do.  You can post in comment sections on industry publications, for example. If you read an interesting news or opinion article, draft a response and send it in–many publications will share your well-reasoned and well-written views. And you can always start your own blog or get a free blogging site on places such as Blogger.

Make something free. People love free stuff. If you have a blog, offer free publicity. If you’re a consultant, offer a free initial review. Give away a free trial on your business software site. Meeting people, regardless of how or why they come to you, is an opportunity to build relationships. And giving away free things can, if done right, spark a good marketing and press opportunity.
“Customers tend to gravitate towards companies that are generous with information and support up front,”
“Pre-customer service can be a valuable asset to any business.”

Keep stats. As your business grows, if you count it, record it. You never know what information in your hands today will be important to your decision-making tomorrow. If you’re scoring website hits when you post to an industry blog, that’s good to know.

“Identify the numbers actually matter and becoming intimate with what drives those metrics north or south.” 

Be patient. Rome, as they used to say, wasn’t built in a day. If you decide to invest your time in a tactic–thought leadership for example–don’t change course immediately if you don’t see results. These things take time and build on one another. Once you’ve made a decision, make sure you give it more than enough time to work before you go in another direction.

Search, copy, paste. Find out what other leaders and businesses have done to be successful. Then copy and paste. You don’t need to be a detective–often times, you can simply ask. As long as they are not a competitor, people are usually happy to share successes and advice. And when you find a trick or tactic that seems to have worked, try it.

Don’t be too proud to adapt a good idea to your businesses.

That’s seven. What else do you suggest? Follow tip number three and leave your ideas in the comments section.

Five Experts, Five Tips For Business Success

business, entrepreneurs, forbes, Grow fast in startup, start a business, startups, Uncategorized

Below, gain five tips from five industry leading experts on how to make 2015 your best year yet.

1. Treat customers like guests in your home. 
While there will always be customers who have decreased attention, are in a hurry, or appear to be frazzled, you want to still aim to deliver strong customer care despite customer scenarios. One way to do this is to treat customers as if they are guests in your home.”
Kirt Manecke, customer service expert and author of the book “Smile: Sell More with Amazing Customer Service” 
2. Belong to at least three professional organizations. 
I always suggest to business owners that they belong to at least three professional assocations. First, you should belong to your local Chamber of Commerce or downtown business association. That is where you business is and where your employees often live. Moreover, you should belong to your specific industry trade association. And last, you should belong to a statewide association because most legislation happens at state level, and you need eyes and ears looking out for you business. In most cases, a retail association will fill that role.”
Curtis Picard, Executive Director of the Retail Association of Maine
3. Participate in e-commerce. 
The future of e-commerce belongs to small businesses. This is the biggest opportunity for retailers since farmer’s markets began hundreds of years ago.People often believe setting up an online store is expensive and difficult, but this is not the case.”
Harley Finkelstein, Chief Platform Officer at Shopify.com
4. Introduce commerce and charity. 
Research shows that 83 percent of customers want to buy products that benefit a cause. Combining your business with a charity of your choice is a great way to gain consumer attention while increasing sales.”
Dan McCabe, Director of SixDegrees.org
5. Embrace the cloud. 
The cloud is here to stay and Windows is dead. Over the next three to five years, the cloud will really come of age for small businesses, and Windows-based POS (point of sale) and other opersations will disappear. Retailers and small businesses must think about upgrading their technology – with cloud being the obvious choice.”

Warning Signs That Your Business Partnership Is Failing

business, Business Partners, entrepreneurs, Grow fast in startup, start a business, Uncategorized



You need to read these steps for good health of partnership. Because, A business partnership can be every bit as complicated as a marriage. And, like matrimony, some partnerships end unhappily.

Wouldn’t it be helpful if you could spot the warning signs of
an implosion before it occurred — or, better yet, before you even entered the partnership? That way, you could escape the situation before it turned ugly, got expensive, or wrecked what you’d built through long, hard work.
Actually, you can. Here are five signs that your shared business may be in trouble, so that perhaps you can rethink the partnership before it’s too late.
1. Unfair or Unbalanced Roles
Like a good marriage, a good business partnership brings together two people whose personalities, skill sets, intelligence, know-how, and other attributes complement each other. When properly balanced, the partnership produces a union that’s more powerful than either person acting alone.
But a successful partnership can’t happen or endure when there’s a fundamental imbalance. Trouble generally arises when one partner feels he or she has too much or too little:
  • authority,
  • responsibility,
  • time commitments, or
  • investment in a desired outcome.
The ideal situation is one in which each partner feels good about his or her contributions and the other partner’s efforts.
Of course, the requirements of a business are constantly shifting. So, a successful partnership needs not only an initial balance, but also a mechanism for re-balancing the partners’ individual workloads as often as necessary.
2. Financial Disagreements
Business is closely tied to money, and it involves making myriad decisions about spending, investing, receiving, and controlling funds. Some of these decisions inevitably are based on value judgements, such as whether you spend more in order to buy domestically-made goods or operate in a “green” way.

Spending much money without asking to your partners, hidden transactions, hiding clients payments etc. These are major issue in financial disagreement. 

Because
cash flow is central to your business, significant disagreements about spending signal a fundamental partnership problem. As time goes on, there’s a good chance you will become dissatisfied with your partner’s preferences regarding money — and tire of your constant tussling over it.
3. Unresolved Issues
This is not important to see the world in same way as other partners do. May be there some likes and dislikes, agreed or not. Problem is to resolve them by talking much more about the issue.

Disagreements are not necessarily a problem, but difficulties in resolving disagreements are. Psychologically, the inability to resolve conflicts often signals basic incompatibilities in a partnership, personal dislike, or divergent worldviews and values. But even if all that stays in the subconscious background, difficulty resolving disagreements generally reflects important differences in communication styles, priorities, and personal flexibility, any of which can put extra pressure on a relationship.

From a business perspective, disagreements that continue for long periods produce resentment, waste time, and impede effective management of the business. So, make every effort to settle disagreements respectfully, in a way that recognizes the worthwhile aspects of each partner’s point of view. Ongoing friction is usually a sign the partnership will end badly.
4. Different Ways of Working
Differences in work styles can produce conflicts and resentments that steadily build up until the partnership falls apart. For example, one partner may:
  • rarely or never take time off, while the other partner cherishes regular “off hours”;
  • obsess over certain issues, while the other partner thinks them through to a suitable policy and moves on; or,
  • insist on volunteering their services for certain causes or decline certain business opportunities in order to reinforce personal values that the other partner deems irrelevant to the business.
The partners may begin with a good deal of tolerance for each other’s “quirks.” But fundamental differences are likely to chip away at even the strongest bonds.
5. Different Exit Strategies
How you plan to exit the business in the future can have a profound impact on day-to-day decisions and operating strategies. If partners are interested in divergent outcomes, they’re frequently going to feel driven toward different choices, such as:
  • taking cash out of the business early versus delaying immediate income in favor of investment toward long-term growth; or
  • running everything personally based on “gut feelings” vs. establishing policies and developing staff so that the business can run without the partners’ close oversight.
Individually, none of these differences create an immediate or inevitably fatal flaw in a partnership, of course. But they do send up a red flag in terms of the potential for long-term mutual satisfaction and success in the partnership, and the greater number of these problems that describes your partnership, the bigger the risk tends to be.

Employee and Employer Relations

Employee Relation, Employer Relations, entrepreneurs, Grow fast in startup, start a business, startups, Uncategorized



It’s no secret that when a new employee comes on board, the employer who hired them is effectively beginning a new relationship.

It is the same relationship that he or she shares with every single one of their employees, and it is this relationship that will determine the success and impact of that employee’s time at the company.
An employer’s relationship with their employees has to be nurtured and taken care of in order to be beneficial for both individuals; their co-workers, and the company as a whole. It has long been noted that strong employer-employee relationships often lead to greater employee happiness and significantly improved productivity.
Many typical employer-employee relationships will vary on the scale of closeness and familiarity, but it is essential that all employer-employee relationships involve at least these five major characteristics.

1. Mutual respect

It’s perfectly fine to instigate a closer relationship with your employees to the point of socializing with them outside of work. (This is particularly common in smaller businesses and start-ups).
But even in a relaxed workplace, it is crucial to retain the traditional hierarchal structure and encourage awareness of this in your employees. As a leader, you need to be ready to give your team honest and frank feedback, whether this is  about projects, employee appraisals, or constructive criticism.
Romantic relationships in the workplace are always a bad idea, but you should also bear in mind that these relationships can have an effect on the workplace even before they are public or common knowledge — possibly without either party knowing it.  

2. Mutual reliance

There should be a balanced amount of reliance on both employer and employee. The employer relies on the employee to do his or her job well for the benefit of the business; the employee relies on the employer to treat them fairly and pay them equitably.
When this mutual reliance becomes imbalanced or one-way, problems will inevitably occur.
The employer may start to feel that the employee’s efforts are no longer instrumental to the company and view them as disposable, while the employee may no longer value their job and start to become disengaged. When either of these things happens, it’s time for the employer to reevaluate the employee’s role at the company – whether a new agreement can be reached, or whether it’s time to part ways.

3. Openness & communication

Any healthy working environment involves openness and transparency.
Employers can help create a forum of openness and honesty by asking employees candidly about their lives, families, and interests. Employees can, in return, contribute to this setting by being forthcoming about their lives outside of work.
Openness and communication is even more important for situations sensitive to the company, or that require an otherwise serious approach.
For employees, this might mean informing their boss of a family emergency that could affect their performance, or a desire to find a new job. When it comes to the latter, employers shouldn’t deter their employees from leaving, but should be understanding and supportive of their natural want to progress.
Meanwhile, employers should keep their employees in the loop about business matters and seek their input in important company decisions. Not allowing your employees to have an active role in the growth of the company not only wastes valuable insight and energy, but may also encourage them to become disengaged.

4. Support (and nurturing)

Employers should want their employees to reach their full potential and recognize when their capabilities exceed their current role. Leaving natural abilities to stagnate will cause boredom and frustration to grow in the employee, and as mentioned earlier, waste valuable energy that could better help the team.
Draw up your ideal business structure, or your current business structure as it is now, and outline every role and position that is necessary for it to work effectively. Not only will this enable you to identify gaps in your current team, it will also encourage you to take stock of who is performing well and who might be better off in a role with more authority.
Supporting employees even extends as far as helping them spread their wings and fly away to a new job when the time comes. Employers ought to be invested in their employees’ success as a whole and understand that they may not be at the company forever.
Employers have the option to help employees or to stifle them — but only the former will lead to trust, higher skill levels, more productivity and more motivation.
On the other hand, employees should be willing to show support for the company’s welfare and progress, which may mean making sacrifices from time to time. Whether it’s working late to fix an unexpected problem, or covering somebody else’s duties as well as their own, employees need to be ready to show that they are invested in the success of the company.

5. Gratitude

Gratitude should exist on both sides of the relationship, but it is probably a larger responsibility of the employer to recognize and appreciate exceptional effort from their employees.
When employees consistently deliver and receive little or no appreciation, it can become very easy for them to become disheartened, frustrated, and apathetic about their job, which destroys productivity.
A simple thank you is often enough (and this works both ways), but employers may wish to actively reward their employees for truly great work. They should use their intuition and knowledge of the person to decide what this might be.
In some cases a discreet gift might be enough, while others might relish recognition in the office. Some companies even host annual awards ceremonies where outstanding employees are given public recognition for their achievements.
Overall, gratitude and recognition help to ensure that employees know they are valued and that good actions and efforts are repeated.

Final note

It is simply not enough to draw up an office code of conduct, or a set of rules or policies detailing the ideal dynamics of the employer-employee relationship.
Natural habits are formed only in practice, and it is often through leading by example that employers can hope to encourage these practices.

Grow Your Business Tips

business, developers, get a website., Grow fast in startup, marketting, start a business, startups, Uncategorized




  • Always provide value and service to those who may be your customers, even if they are not currently. When they do need your product, you want them to think of you first.
  • With the advent of the internet, online businesses are probably the easiest way to start and very much less expensive in terms of start-up cost than an offline counterpart.
  • Keep learning, and be adaptable to change. Find buddies, mentors, local business-related organizations, Internet forums, and wikis to discuss the daily details of running a small business. It’s much easier for everyone to perform their core businesses well and prosper when they don’t waste time and energy “reinventing the wheel” on housekeeping.
  • A franchise is a great idea although the start-up capital is way too high for most people.
  • Most direct selling companies have low start up capital compared to a traditional brick and mortar business. You can also break even rather quickly compared to the traditional business.
  • You can also consider trading on eBay or Flipkart, Snapdeal.
  • It is ok to start small with one or two products and then add more and more great ideas as you go!
  • Don’t be afraid to experiment with prices. You should determine the minimum price for your product or service to break even, but experiment with low-price or premium-price variations.