Business Archives

Building a Reputation in Business the Easy Way

How can you build a reputation in business quickly? What are the consequences of having a bad reputation? How can you improve your business reputation? In Stephen Covey’s book, The Speed of Trust, earning the trust of others is one of the key factors Covey highlights for building a positive reputation. Covey advises business owners to focus on how trustworthy their company is perceived when trying to build or improve business reputation. Read on to learn Covey’s advice for building a reputation in business that will earn you more loyal customers.

The Importance of Interpersonal Skills in Business

Are you winsome at work? Are people drawn to you and your ideas? Do you have presence and influence? Startup success hinges on your ability to win over others. That’s the view of entrepreneurs Ash Ali and Hasan Kubba, authors of The Unfair Advantage. They discuss how you can determine whether interpersonal skills are your unfair advantage, and they provide tips on how to improve these skills. Continue reading to learn about the importance of interpersonal skills in business.

Startup Assets: Your Unfair Advantage?

How much can you invest in your startup? How much of a financial leg up can you give your new business? If you have sizable assets to invest in your startup, you have a leg up over the competition. Valuable assets are one of the unfair advantages identified in the book The Unfair Advantage by entrepreneurs Ash Ali and Hasan Kubba. The authors discuss a potential drawback of assets, how to know if your assets are your unfair advantage in particular, and how to improve and make the most of your assets. Keep reading to learn about the unfair advantage

Importance of Knowledge in Entrepreneurship

Is knowledge your secret weapon? How can you leverage your learning to strengthen your startup? If you have considerable or specialized knowledge, you have a leg up over the competition. Knowledge is one of the unfair advantages identified in the book The Unfair Advantage by entrepreneurs Ash Ali and Hasan Kubba. The authors discuss a potential drawback of knowledge, how to know if knowledge is your unfair advantage in particular, and how to improve and make the most of your knowledge. Continue reading to learn about the importance of knowledge in entrepreneurship.

How to Build a Hiring Plan for Your Business

What is a hiring plan? Why do you need to have one for your business? A hiring plan helps you determine what roles you need to fill in your company. Once you’ve done that, you need to begin interviewing candidates. Read below to learn how to create a hiring plan by interviewing potential job candidates.

Location & Timing in Business: Your Advantage?

How important are location and timing in business? Are they a built-in advantage for you? If you’re in the right place at the right time, you have a leg up over the competition. Location and timing are unfair advantages identified in the book The Unfair Advantage by entrepreneurs Ash Ali and Hasan Kubba. The authors discuss potential drawbacks of good location and timing, how to know if location and timing are your unfair advantage in particular, and how to improve and make the most of your location and timing. Let’s take a closer look at this unfair advantage.

The 2 Crucial Disadvantages of Big Data

What are the disadvantages of big data? At what point does data get in the way? In Everybody Lies, Seth Stephens-Davidowitz warns that good data science isn’t just a matter of amassing a giant data set. When working with data, he says it’s important to keep data’s shortcomings in mind and not lose sight of the bigger picture. Read more so you can be aware of big data’s disadvantages.

Coaching Your Work Team: Management Tips

How you can keep your work team’s performance high? What is the most effective way to coach your team? In The Making of a Manager, Julie Zhuo emphasizes the importance of building trust with your team by coaching them. To do this in the best way possible, you need to demonstrate that you care and give or request feedback. Let’s look at Zhuo’s advice for coaching your team to victory.

Startup Mindset: The 2 Attitudes You Must Have

If you want to succeed with your startup, what must you believe to be true? What should you value? According to entrepreneurs Ash Ali and Hasan Kubba, your mindset determines your level of motivation and your ability to set ambitious but realistic goals. If you lack the right mindset, any action you take is less likely to succeed. We’ll look at two main aspects of the right mindset Ali and Kubba describe: first, believing that both hard work and luck matter, and, second, knowing your purpose. Keep reading to learn more about the optimal startup mindset.

How to Run an Effective Meeting: Steps & Tips

Are your business meetings productive? How can you get the most out of your meetings? According to Julie Zhuo in The Making of a Manager, a core function great managers perform to facilitate great outcomes is running productive meetings. Meetings take up a large portion of company time, so it’s essential to extract maximum value when people come together. Continue reading to learn how to run an effective meeting.