The absolutely most deadly trap for new entrepreneurs selling their services is sprung when it comes time to state a price. Too many stammer, hem, haw, and underbid in a desperate attempt to land new work. Unfortunately, clients don't want to hire desperate people, they want to hire success. Read on to find out how to price your products and services like a pro.
About Being A Warrior-Preneur - Is The Warrior Within?
Over several weeks I have been sharing the traits a successful Warrior-Preneur develops. See, a Warrior-Preneur is the NEXT LEVEL of entrepreneur!
Don't Like Golf? You Can Still Use Business Golf to Boost Your Business!
We all know the saying that golf courses are where business happens. You might even know that in the US, it's estimated that 90% of Fortune 500 company CEO's are keen golfers.
The Secret of Pricing Your Service Business - How to Create a Profitable Pricing Strategy
Many service-based business owners struggle to create a pricing system that's both fair to their customers and profitable for their business. Here's how to create your very own pricing system that provides great value for your customers and builds your business.
The Top 10 Attributes of a Successful Entrepreneur
The other day, I was thinking back on the numerous entrepreneurs I've worked with over the years and that all the successful ones enjoy defining common denominators. Here's the list I came up with of what I feel are the top 10 attributes of successful entrepreneurs!
Tips for Better Business Golf
If you are like many business owners and entrepreneurs, you have probably found that business golf is a great way to spend time relaxing, while at the same time, building valuable relationships. You have probably even had a deal or two that you can attribute directly to your time on the course.
Business Lessons You Can Learn From Business Golf
One of the main reasons that entrepreneurs and business people around the world play golf is that it allows them to make, and maintain, contact with clients, suppliers, and other important people in their lives. However, what many people don't realise is that there are plenty of other important business and life lessons to be learned from playing golf.
Do You Want to Be Self-Employed? Or Do You Want to Have a Business?
Do you feel like doing the same thing every day restricts your freedom? That you really just want to be doing what you want, when you want and how you want? You probably aren't alone and it's also one of the number one reasons people become self-employed. It's also one of the main reasons that entrepreneurs haven't moved from being self-employed to having a business.
8 Things We Considered Before Starting Our Home Business
Starting a business from your home is a challenge to carefully consider. It is a totally different mindset for many people. Once in a while success will happen by accident, but that usually ends in failure. It must be carefully thought out and methodically worked completely or it will collapse from lack of foundation.
Startup Lesson: 1% Idea and 99% Execution
Starting a business is a humbling experience. While you have to keep your vision and focus, you also have to learn the realities of starting and running a business.
Working For Yourself Vs Working For Somebody Else
There is a fundamental difference between working for yourself and working for somebody else. I get mixed reactions when I tell people "I only work for somebody else three days per week. The rest of the week I work for myself so I won't have to work for somebody else ever again."
Why It Is Highly Advisable To Make Use Of Factoring Receivables
The most common dilemma faced by very many newly established businesses is lack of adequate capital. During the early stages of any business, it is common to spend too much of the initial capital towards setting up offices and logistical planning.
Strengthening Your Value Proposition
Value means different things to different customers and your job is to find out what value proposition is most important to each customer and wherever possible quantify and communicate that outcome. Remember; in a transactional sale, the role is to communicate value, in a consultative relationship the role is to Create Value. Remember what you consider valuable about your product or service will rarely be what your customer considers valuable. Your charge is to identify what your customer wants and needs and strengthen your value proposition around that concern.
To Hire or Not To Hire?
At some time, as a small business owner, you start thinking about hiring other people to help you with your business; however, you are unsure of which way to turn, or what options are available to you. Believe it or not, there are several options available to you as a small business owner; below are some for you to think about when deciding which is best for you and your business.
Leadership Characteristics for Entrepreneurs
Your home business needs entrepreneur leadership. To be successful, you have to become a leader. Here are five activities you need to work on everyday.
Is A Retail Franchise The Right Choice For You?
Do you want to start your own business but don't know what to do? The first thing that I would recommend doing is running a retail franchise but before you do that you need to figure out if it is the right option for you.
5 Situations Where You Should Trust Your Intuition in Business
Intuition, more popularly known as instincts, gut feelings, sixth sense and inner voice is a sense that is present within all of us. It is a valuable tool that can be used in all kinds of different situations in life as well as in business. From decision making to assessing someone's personality to predicting how something will turn out; Intuition is indeed versatile.
Survival of Enterprises: Sociological Preconditions
Survival of an enterprise is the topmost concern of every entrepreneur all the time. Profitability and growth follow, at number two and three. Entrepreneurs are therefore deeply concerned about this aspect when choosing a line of business for their proposed ventures. This article discusses a sociological model of survival of ventures and offers several recommendations on things to keep in mind while choosing a business or line of activity. This can help entrepreneurs make more informed decisions.
4 Ways Harry Potter Will Help Your Business!
Harry Potter has become a multimedia sensation. Everywhere you look, Harry has taken over pop culture. The original Potter fans are now grown up and on their own, with money to spend and children to spend it on. Licensing, Movies, Books, Spin offs... J.K Rowling has managed it perfect, and has become a billionaire in the process!
How To Establish Credibility Without Boasting
If you were to stand up in front of your audience and just start rattling off a list of your achievements it may capture the attention of some, however you'll likely start to see the majority of your audience "nodding off" and falling asleep. Yes, they want to know that you are qualified to speak on a certain topic, but they won't be interested in hearing you boast about your achievements.
How to Balance Your Financial Needs While Starting or Growing a Business
I'm a firm believer that you need to let your business grow a little before you start depending on it too heavily to meet your financial needs. But what do you do if you have no other options, if you started your business because you were part of layoffs?
Tips for Valuable Goal Setting
Here's a question for you to think about: Do you run your business or does it run you? Most people start out with a business idea thinking that when it's successful they will have more time and money to do what they want, yet that is seldom the reality.
The Pioneer of Personal Success Literature Should Be Required Reading for Today's Leaders
One of the great lessons my mentor provided was the importance of constantly studying the traits that make people successful. In this vain, he gifted me a book when I graduated. After years of study and struggle to complete my degree studies another book was not exactly on my list of highly desired possessions. This book, however, was a difference maker in my life.
Time Is Never on the Entrepreneur's Side
Time is never the driven Entrepreneur's friend. The example I cite here is not unique and we see it occur all too often. If an idea is worth pursuing, it is worth pursuing with aggression, a customized Marketing Strategy and with a healthy fear and paranoia of probable competition.
Have You Restocked Your LinkedIn Keyword Pantry Yet?
By now you are probably tired of my concentration on this point. Sorry about that. But the more our marketing plans include Internet-based tools and techniques, the more we have to rely on keywords -- not just which ones but where we put them and sometimes how often we include them.
Business Planning - Some Tips
Some tips to consider when writing a business plan, and the various elements which one should consider. Here we discuss some of the common areas that you should consider when creating a business plan.
The X Factor
What does it take to be a successful entrepreneur? It's not always a matter of having the best skills and ivy league training. Let's look at your business. Where can we find the X Factor or a hint of 'je ne sais quoi' in what you do? One thing is for certain, you definitely know when you have it, or have done something that has a bit of 'je ne sais quoi' about it. People WILL notice!
The Link Between Entrepreneurs and Learners
Real joy in the business world comes with a passion to learn. The success of entrepreneurs is better measured not only by how much their business has grown but also by how much they have learned in the process of reaching that success. The rewards brought by learning contribute to the success of an entrepreneur. But one must understand that the path of entrepreneurs is long, maybe endless, and complicated to which they must endure with pride and pleasure.
How to Write a Business Plan
A business plan acts as a road map to the small business owner. It is a comprehensive document that gives information about the business. It requires information on how it will manage funds and people. It will include the promotion and marketing.
Get People Talking About You!
Wouldn't you love to get your business message out in a big way and create an unpaid sales team? Educate your audience to know exactly how to introduce the right people to your business. Create a buzz in your business so people know you as the solution to their problems. Generating ideal prospects who are raising their hand to do business with you.