Posts Taged business-mistake

Ethical Management & Leadership

The modern Oxford Dictionary defines the word ethical as, ‘relating to moral principals or the branch of knowledge dealing with these. For example: morally correct: can a profitable business ever be ethical?’

The dictionary as defines the word ethical, ‘principles concerning the distinction between right and wrong or good and bad behavior.’

Ethical philosophy in the Western tradition has been divided into three types:

self directed work teams pros and cons
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BONUS: Nobody Does It as Well as I do!

When believing you’re the best is a BIG mistake

The journey to becoming a successful business owner has many stages. Each one of these stages needs you to learn, understand, and master the fundamentals. This will help you find and train the best people.

The secret to becoming an entrepreneur is finding people that are better than you at the skills the business needs, and giving them a reason to want to work with you.

In this video, I’ll be discussing the entrepreneurs ladder, and the steps that a successful business owner needs to take to build a sustainable structure in their business. That way the can attract the right people to give them the confidence to move up and develop their entrepreneurial skills.

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Business Mistake #10: Are You Employing The Right People?

In business, you get the people you deserve

Can’t find good people, or just can’t get my team productive.

This is a very common mistake in business. I say mistake, because it is the owners responsibility to fix. A good friend of mine once said “In business, you get the people you deserve”

The one thing I know for sure, is that the ONLY way to build a great business, is by building a great team.

And the good news is, it’s not as hard as most people think. It’s just one of those things they never taught you at school.

In this video, I’ll be guiding you through the principles of building a great team and how to find and keep great people.

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Business Mistake #9: Working Hard…But not Smart

How to Master the simple principle of Leverage in your Business

If you’re already working too hard, the last thing you want to hear about is how to grow your business.

I mean, why would you want to work any harder, right?

The trick is not to work harder, but to work smarter. And the way to do that is by creating systems to “leverage” your time, and your resources.

Do the work once, and get paid forever, or at least a very long time… That’s what leveraged activity is all about.

In this short video, I’ll be covering the simple principle of leverage and what to do about it.

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Business Mistake #7: Just not enough good quality leads

t*h2 style=”text-align: center;”>Why Good Quality Leads Are Important

Getting good quality leads is what marketing is all about. And it needs to be simple and effective. It’s too easy to blow big money on marketing campaigns with little or no result.

The secret to a great marketing campaign is preparation. Do the groundwork and you’ll guarantee a much, much better result.

You see, marketing is maths, and if you do the math first, you can quickly determine if your campaign is an expense or investment.

In this video, I’ll be showing you the fundamental secrets to a successful marketing campaign and how to create an unlimited marketing budget.

Make Referrals Really Work In Your Business

Download the “Instant Referral Strategies” E-Book Now!

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Business Mistake #6: Losing sight of your Goal or no clear direction in the first place…

What’s the best way to set business goals?

Try this simple test…

  • Do you have clear business goals?
  • Are they in writing?
  • Can you repeat them without looking?
  • Can your team?

99% of people I meet say yes to the first question, but quickly fall away as we move down the list.

We all know that setting goals is vital to success, but so few actually do it well and consistently.

In this video I’ll show you why goals setting is so critical, and how a business owner should go about setting their goals and keeping them in focus.

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Business Mistake #5: Rework… Having to Fix Problems all the time

Are You Delivering Profitable Products and Services?

Sounds obvious right? But for too many business owners, they’re so busy just trying to stay afloat, that there is just no time or attention placed on delivering and exceptional product.

This in turn puts pressure on the sales and marketing side of the business because there is a lack of repeat business. Or, even worse, you’re just busy fixing problems, rather than delivering profitable products or services.

In this short video, I’ll be explaining why deliver is so important and how it sinks most businesses.

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Business Mistake #4: Running out of Time…Just too busy doing “STUFF”

Busting the “I don’t have enough time” myth

“I don’t have the time!” are the most popular words I hear when it comes to working on your business. The truth is that this is the WORST excuse ever.

In reality we all have exactly the same amount of time, it’s what we do in that time that determines our success.

Your most valuable asset in life is your time. In this video you’ll learn the simplest way to manage this invaluable resource.

Gain back control of your time so you can focus on the most important things.

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Business Mistake #3: Not Knowing How to Really Use Your Business Financials

How your Balance Sheet numbers work and what they reveal.

Note: Thinking about profit and loss and balance sheets usually make most business owners glaze over and go to sleep. I’ve heard it all… numbers are boring, I just don’t understand what they mean…

The real issue is that no one has explained why you need these numbers, how to read them, and what they will show you.

Your financials are the dashboard to your business. Learning how to read them will unlock information that will tell you exactly what your business needs to grow and thrive.

In this short video we will be covering the most important aspects of your financials and how to get the information you need to propel your business forward.

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Business Mistake #2: An Unusable Business Plan… Survival Rather than Building

Have you ever wondered why two people in the same industry can get almost opposite results.

Too many business owners are just running on a treadmill. Their plan usually is to just pay the bills and keep the doors open, or even worse, their business plan was created to get money from the bank.

You see, building a business is like building a house, you need to have a picture of what it will look like when it’s finished and a sequence of building blocks starting with the foundations first.

In this video, I’ll be going through the structure I’ve been using for the past 11 years to build any business. Follow this sequence and you’ll be guaranteed success.

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