Why Doing Business As USUAL Is Suicidal

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Are You Doing Business As Usual?

When push comes to shove, the usual businesses die first long before the unusual ones ever do!   Business is an evolutionary process and only the strong will survive. Your entrance into the world of business can be both a blessing and curse depending on how you approach the world of business. The business terrain is a highly competitive one and gives no room for mediocres. A great deal of businesses has failed as a result of not fully taking cognizance of this fact.   More than ever before, the world is crying out for SIGNIFICANT [unusual] businesses. People want … [Read more...]

The TWO Kinds Of Business, Which ONE Are You Building?

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Business Plan

This is going to be a very passionate post, so I want to pre-warn you early, stay off now if you don’t want to experience a radical paradigm shift in the way you do business. Last week Monday I wrote a guest post on bloggingbookshelf about trading comments and that article really caused uproar. While this post is not necessarily a follow up on that, the underlying principle remains the same and that is; “Why should you settle for GOOD when you can have GREAT?”   Two kinds of business: Good or Great?   Management guru, Jim Colins wrote a classical book on this … [Read more...]

The Origin Of Profits: An Unusual Strategy For Increasing Profitability

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What is the Origin Of Profits?

After all is said and done, profit is essential to a business’ survival as air is essential to life. But how does one make profits? Or put another way, where the heck does profit come from?   Proffering an answer to these questions is the essence of this unusual article. This article has been overdue, I’m glad I finally wrote it, thanks to Sonia Simone’s article about Profitable Idealism that sparked up the inspiration.   Question: What Is The Origin Of Profits? I have always believed that there’s more to profits than just chasing money. Dr. Stephen R. Covey … [Read more...]

7 Reasons Why Most Entrepreneurs Fail in Business

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Business failure

Entrepreneurship is a way of life that offers unlimited possibilities to those who truly believe in it and live by it. But at the same time, entrepreneurship is a way of life that can totally alter the course of your life if misunderstood.   Entrepreneurship is not something you can fake your way through; you are either doing it right or not doing it right simple. There are no ways around it.   To help you better make that choice, here are 7 Indicators of entrepreneurs who are headed for doom. As you go through the list, be sincere to yourself and tick each of the signs … [Read more...]

The 4 Elements Of Effective BRANDING

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What makes a business branded?

Branding is perhaps the most over used word in business. I can totally understand why; there’s so much fuss about how impactful branding is on a business. For instance, the total monetary value of the coca-cola company’s asset is so small comparable to the estimated worth of the coca-cola brand itself which is $70.7billion.   How can this be? Branding is the difference between a business and a company. The irony is that a lot of so called entrepreneurs don’t know such a difference exists. For many, a business and a company may as well be the same thing. But are they … [Read more...]

11 Fundamental Business Questions For Every Startup Entrepreneur

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Fundamental Business Questions For Startup Entrepreneurs

Many people venture into the world of business without taking the time to critically answer some very fundamental business questions that goes a long way in determining how successful the new business venture becomes or not. In this article, I will be sharing the 11 fundamental business questions I usually use in my coaching and consulting process for start-ups.   I urge you to devote the time to answering each of these questions and as a gift for your readership, I am offering to review them for free to as many of you that will send me their answers   … [Read more...]

BUSINESS: What’s LOVE Got To Do With It?

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love

Everything. Love is at the core of entrepreneurship. Love is what drives true entrepreneurial endeavours. Love is the reason why you think that idea of yours is going to change the world. Love is the reason why you gave up everything else to chase your entrepreneurial dreams. Love is why you are risking everything you’ve ever known and owned in pursuit of an idea. Love is why you jump out of bed in a scurry to pen down an idea that you conceived in your sleep. Love is the source of your passion. Love is the fuel for your creativity. Love is the energy we use up for creation. … [Read more...]