Entrepreneurship Guest Posts

Want to Be Your Own Boss?

How to Be your Own Boss

Let’s face it- you all want to be your own boss. I mean, we all want to invest our time and energies working towards ‘our’ ideal dreams of making a gazillion dollars, living the high life and not having to report to work on time, or salivate like Pavlov’s dogs at the mere mention of the month end salary.

Good, but how? Owning a business seems like the ideal thing to do- but, it’s not for everybody. If you ain’t as disciplined as a trapist monk, as frugal as your grandma, as calculative as a calculator, innovative as a Leonardo Da Vinci clone, or are still fixated on the ‘not having to report to work on time’ comment from before, stick to your day job.

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Business Development Entrepreneurship

What Does It Take to Be an Entrepreneur?

What Does It Take to Be an Entrepreneur?

I always go by the three Ayn Rand basic values to in order to live a full and productive life: reason, purpose and self-esteem.
And yes, over the years countless institutes and individuals have asked the trillion dollar question: What makes an entrepreneur an entrepreneur? What traits or characteristics are inherent to a successful entrepreneur and is one born with those traits? Well, at the very least successful entrepreneurs are born every day!

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Business Development Entrepreneurship

Tips for Pitching to C-Level Executives

C-Level Decision Makers

Pitching to high-level (C-Level) Executives is a pretty daunting task to say the least. Many a great business development exec or even the best sales folks around have proverbially bitten the dust when it comes to selling/pitching to a C-Level Exec, yes.

C-level decision makers are paid to improve their business results. Regardless of how the media portrays these executives, their primary concern is to improve their business. This includes increasing sales, market share, customer loyalty; reducing costs, errors, or employee turnover; improving productivity, employee engagement, customer service, etc.

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Business Development Marketing

Why Organic SEO is the Key to Online Marketing

Organic SEO

For the better part of a decade, a debate has raged on over whether organic SEO (search engine optimization) or PPC (pay per click) is smarter and more fruitful when it comes to online marketing. The reason the debate isn’t more clear-cut is actually quite obvious: PPC (which involves paying a search engine money to bid on targeted keywords) has a lot to lose if big companies with big marketing budgets decide that organic SEO is a better way to market their businesses online.

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Business Development Entrepreneurship

How to Price Your Business Acquisition Right: The Art of Company Valuation

Business Acquisition

In a recent post, I shared some tips for making a business acquisition work successfully and therefore to realize its full value. Of course before you can do that, you have to make the acquisition, which involves an estimation of the target company’s value. In this post, I share some knowledge that will help you to successfully conduct a company valuation and ensure your bid represents an accurate estimate of the target’s worth. But first, you should know some of the most important tenets of valuation when making a business acquisition.

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Business Development Entrepreneurship

5 Tips for Making Mergers and Acquisitions Work

My business life can be divided in two parts: one, is startups that work and are within industries that are in high demand at that moment, possibly to emerge as potential biggies; another is boosting revenues and valuation as we go along the journey with high valued, well-planned mergers and acquisitions that speed up that process.

Whether you see an opportunity to merge your company with another or to acquire a smaller player in your commercial niche, or you decide that you need to find such an opportunity to improve the value of your own organization, getting into the world of mergers and acquisitions can be a lengthy, fulfilling and sometimes risky business.

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Business Development Entrepreneurship Marketing

Nine Ways for Effective Multitasking

Effective Multitasking

Those who know how I work and have worked closely with me have seen me do several things at the same time, keeping it whole and trying to do justice to every single thing that I am doing/handling at that time. It wasn’t always this easy, and it took a couple decades to get here, with a lot of practice. I enjoy multitasking and at times see the ability to multi-task take care of ten days of work in one.
Throughout the 20th and 21st centuries, companies have been consolidating multiple positions to reduce employment costs and increase productivity. This may have an apparent benefit for the companies, but it may have been a detriment to employees. More and more observations are coming out and revealing that young adults are more burnt out than ever. With ever increasing demands placed on productive people comes an increased need to multitask.
While multitasking can be great in certain situations, it must be done effectively to produce the best results possible. The common perception of multitasking is that the brain is firing off and concentrating on multiple things at once. While this is how it feels, this may not be the reality of the situation. Multitasking is simply the brain concentrating on one thing at a time and refocusing itself as it switches back and forth. Of course, every time the brain switches between tasks it can lose some focus, memory, and momentum. Quite simply, at current evolutionary states, our brains aren’t built to multitask. Even though we aren’t built to multitask, there are several ways and methods by which one can learn to do it pretty effectively without losing out on the integrity of any particular task.

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Business Development Entrepreneurship Marketing

9 Outstanding Communication Secrets of Great Leaders

Communication Secrets of Great Leaders

In my productive work, I enforce one tenet over all others: communication. Communication layers have to be established in a workplace and within an organization and zealously implemented. I do. Miscommunication, improper feedback/follow-up can throw a spanner in the works or have disastrous consequences. My brief in this context is clear, concise and dictatorial: you MUST communicate, respond, participate, listen, speak. And what about me, the guy who leads from the front? Do I have to do this myself as well, or am I exempt from this? Businesspeople come a dime a dozen, but what is the key ingredient that separates businesspeople from leaders? If you answered that they should be excellent communicators, then you hit the nail on the head!

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Business Development Entrepreneurship Marketing Personal

A Startup CEO Secrets Revealed

startup ceo secrets revealed

A Startup CEO Secrets Revealed:
From the start of everyone’s career, one dreams of owning and running one’s own business someday. It takes a while to discover what industry and type of company you would invest your life’s work in. Usually you work the corporate ladder on somebody else’s payroll for years and hate it! In my case, for instance, I envisioned and planned for the right moment to take my skills and passion into the world with my own capital, and to strike out on my own as a startup CEO at a pretty young age.
I imagined then that after the initial work of rolling up my sleeves to get my company up and running, my CEO life would assure me plenty of time kicked back in an executive chair with my feet up and my years of brunt work behind me.
Most of us whose imaginations wander into the world of self-employment probably have only a faint notion of the work and commitment it requires to become a successful startup CEO. Some of us may not know how big we want to expand our businesses, while others know exactly what we want to achieve. Whether we want to keep our business small or shoot for the moon to grow a large corporation, we realize that the main ingredients to success are passion and hard work. When we feel the timing is right, we strike out on our own with fervor, persistence and patience. We know that if we want our venture to be a success, we must psych ourselves up with confidence and resilience to mentally prepare ourselves for the toughest and most progressive phase of our lives.

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Business Development Entrepreneurship Marketing

Little Known Facts About Business Process Management – And Why They Matter

All my life as an entrepreneur has been spent in breaking down old hat norms and methodologies and rebuilding new processes and systems. The idea of Business Process Management (BPM) has long been debated and misunderstood. While some practitioners believe it to be any action or set of actions that contributes to a company objective, most experts on the topic have come to realize that BPM is actually a discipline comprised of a much bigger picture. In short, only those employees who actually oversee the entire process flow of a major company project, from inception to follow up, are actually the ones doing BPM. Various departments play a distinctive role in carrying out BPM, but they are only part of the total end-to-end process which constitutes the activities of true BPM. The important distinction to bear in mind is that BPM is not about how machines can automate production, or how one manager’s performance meets the objectives of his department. It is a series of actions performed by the humans who are the planners and decision makers of the company. They have a direct interest in improving the processes with which their company is run. The machinery and department managers are only performing in a way that has been dictated by these planners and decision makers.

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