When meeting new people, it is inevitable after having established a basic rapport, that the question “What do you do?” comes up. I like asking this question along with a follow up question…”How did you get into that?”. It gives the other an opportunity to tell their story while structuring their thoughts around one of - Read More -
They say there is no better teacher than experience. By personally going through something, we get a much better understanding of the underlying processes which then becomes an incomparable learning experience. Entrepreneurs need to go through the motions of setting up their own businesses, facing challenges and setbacks, and ultimately the wins themselves. There is - Read More -
“I think that only daring speculation can lead us further and not accumulation of facts.” Albert Einstein In the first post of this series, I added a video which stated life = risk. If we shield ourselves from all sorts of risks by staying in our small comfort zone we will not be living life - Read More -
“Be brave. Take risks. Nothing can substitute experience.” Paulo Coelho The risks mentioned in prior posts provide a framework on mitigating risk in various divisions of business. Some of the risks and counter measures mentioned in this post are general and some those I have personally encountered during my journey as an entrepreneur. 1. Start - Read More -
Our mission statement about treating people with respect and dignity is not just words but a creed we live by every day. You can’t expect your employees to exceed the expectations of your customers if you don’t exceed the employees’ expectations of management.” Howard Scultz You hear it all the time, “Our people are our - Read More -
“Before you can really start setting financial goals, you need to determine where you stand financially.” David Bach In most businesses I have been part of todate I have been lucky to have partners who excelled in the field of financial control. Over the years I have come to realize that without these controls a - Read More -
“In the end, all business operations can be reduced to three words; people, product and profits.” Lee Iacocca All companies operate on a set of processes. These processes drive all avenues of a business ranging from Internal operations, business development, sales, marketing and execution to name a few critical functions. When these processes are missing - Read More -