Monday, March 8, 2010

HOW TO REACH THE TOP

There is nobody in life that doesn’t want to get to the top. To achieve this fit, here are some things you must do:

1. Firstly, know where you are going or heading to by defining what the top means to you as an individual.

2. Identify your goals and have passion for these goals as passions are the “gales of life” (Alexander Pope) and the energy that drives us.


3. Be ready to face mountains, hardships and challenges. Do not give up. Always encourage yourself and be up and doing.

4. Master very well the top skill, as average shill will only see you to the middle. Top skills only will take you to the “TOP”. Improve yourself little by little until you get there.

5. Keep on working hard until you reach the top, no matter what.

6. Are you aware of the fact that if you are to get to the top you need other people? Therefore, love people and treat them well.
In conclusion, if you can adopt the above principles, you will not just reach the top; you will stay and remain permanently on TOP.

See you on top.

GETTING THE BEST OUT OF YOUR EMPLOYEES

Hiring and keeping the best employees is the only way to ensure the continuity and corporate existence of such organization.
Listed below are some practical steps to proper employees’ management:

1. Give your employees a vision to run with as vision ignites ones drive. Where organization vision is lacking, the best will not be got of the employees.

2. Make public your high expectations of them. Do you know that people naturally rise to your expectation of them? This is one simple psychological principle that will help boost the confidence of your employees if well managed. Express your belief in their ability to deliver even when they make mistakes.

3. Set goals for the organization and for your employees. This is the easiest way to get results in any business. This will help you actualize your vision. Set both organizational and departmental goals for short, medium and long term. Monitor the progress or otherwise of each staff in their attempt to achieve the stated goals.

4. Believe and have faith in your staff. As the head of the organization, have confidence that your staff will deliver in any given assignment.

5. Remunerate your staff accordingly. Financial remuneration, prestige recognition, pride, sense of doing the right thing are some of the reasons why people work. Remuneration should be commensurate to effort. Compensation such as bonuses should be based on results achieved rather than task performed.

TIPS TO ENSURE HIGH SALES IN YOUR BUSINESS

For to succeed or make huge sales in your business, you must come out to the marketplace with a product or service that people need and are willing to buy.

As an entrepreneur, you must study and understand the dynamic nature of your consumers. It is your responsibility to meet their needs in the marketplace that will drive your sales.
Below are some tips that will help drive the sales of your product or service:

1. Product Development:
This is the process of inventing or creating a product or better services based on news ideas. Product development is an effective way of driving sales into your business and it is an ongoing process that must be adopted by every business owners for them to remain in business.

2. Promotion:
Make your product or service known through advertisement. Advertise your product both online and offline. You can advertise online through the internet and offline through radio, television, newspapers, magazines etc.

3. Packaging:
Package your product or service in an attractive way and keep on improving on this from time to time.

4. Pricing:
Try as much as possible to attach a reasonable price to your product or service. Every consumer is always on the look out for a product with the best price offer. Do not allow the price of your product or service to be above the consumers’ imagination and purchasing power.

TIPS TO BE SUCCESSFUL IN ANY BUSINESS

Success in any business is as easy as it is difficult. What you need as a prospective businessman is to look at what others who have succeeded have done and apply same.
To achieve success in your business, here are some tips for you:

1. Go for related training in the business you are passionate about. Let the professionals on the field put you through.

2. Do not be discouraged by the start up capital. Start the business with whatever you have as capital and expand gradually.

3. Network with others and do not operate in isolation.

4. Employ and train competent hands. Trained and skilled staff are the pivot of any business. Having well trained and skilled workers will ensure success of your business.

5. Make customer satisfaction your priority and watchword. Customers are king. For you to achieve success in your business treat your customers well and with transparency.

6. Employ multiple advertising methods. Be aggressive in your publicity in this competitive business world. Print handbills, and posters to advertise your products.

7. A business cannot operate in a vacuum. Treat your employee well and remunerate them well also. Let them have sense of belonging.

Saturday, March 6, 2010

12 WAYS TO IMPROVE YOUR SELF ESTEEM

Developing your self esteem is a gradual process and not a day job. This article will highlight 12 ways by which you can develop and improve your self esteem. These ways include:

1. Stop bringing yourself down with negative thinking and judgments.

2. Be yourself and stop comparing yourself with others. Be unique and express your uniqueness always.

3. Avoid perfectionism. It paralyzes somebody and doesn’t allow one to accomplish his or her own goals.

4. Surround yourself with positive and supporting people who will encourage you and correct you when you go wrong.

5. Give kudos to yourself by having a record of at least 20 things you did very well on daily basis.

6. Perform tasks for people. When you do things for others, you are making a positive contribution. By so doing, you will become valuable which will in turn lifts your spirits and raises your self esteem.

7. Identify the task or work that inspires you and get involved in it. If you cannot leave your present work situation immediately, devote your leisure to hobbies and activities that you find stimulating and enjoyable.

8. Be honest and truthful to yourself. Avoid being manipulated by anybody. Take decisions that you feel that is right at any point in time.

9. Find solution to problems rather than avoiding and complaining about them. Treat all problems as challenges and opportunities for effective growth.

10. Recognize, respect and take care of your own needs and wants first. These will increase your sense of worth and well being.

11. Live your life on the basis of what is possible for you and what you feel that is right to you and not what you or others feel you “SHOULD” do. Discover what you want and what you are good at and take actions to fulfill your potentials.

12. Do not avoid challenges. Take action as you will not develop self esteem if you are idle and avoid challenges. When you take action, irrespective of the result, you feel great of yourself and even learn in the process.

20 WAYS TO AVOID DEBT

Debt is what is being owed to another person as a result of enjoying tomorrow’s sweat today. It is an acute state of your financial status.

However, borrowing money for the purpose of investment is a good debt which is capable of increasing your financial power in the near future if well managed.

For you to be free from debt therefore, the following rules must be obeyed:
1. Do not spend more money than you make or earn. Anybody that allows his expenditure to be more than his/her income is running into debt.

2. Do not spend the money you do not have through credit cards and loans. Credit cards give a false impression of security where there is none.

3. Avoid using credit cards for ordinary purchases.

4. Do not rob Paul to pay Peter. Refuse to use debt to settle debt as this doesn’t exonerate you from debt.

5. Distinguish between your NEEDS and WANTS. Do not allow the demands of your wants to pressurize you. Mixing your needs and wants together may mix some sweet poverty into your life.

6. Avoid buying anything at first sight (impulse buying). It makes you release your hard earned money so easily without proper consideration.

7. Disobey the Parkson Law which stipulates that “expenses rise with income”.

8. Buy only what you need. Never buy to show off or impress anybody.

9. Have a very strong bargaining power. Note that if it takes you 12hrs to make $500, it should take you at least 6hrs to spend it. This is financial intelligence. More importantly, think before you spend and analyse your needs before you purchase.

10. Do not allow pressure from people to allow you spend the money you never plan to spend and avoid extravagant spending on parties.

11. Draw up a financial budget to plan your spending. This is because failure to plan is planning to fail. Lead a financial budget life which is like debt immune system which attacks any virus system that shows up.

12. Be truthful and honest in your financial dealings. Do not cut corners in order not to short circuit your progress in life.

13. Set for yourself well defined financial goals. For you to go higher in life, make a goal, pursue it, score the goal and achieve it.

14. Be financially intelligent. Upgrade yourself by reading motivational books, e-books, attending seminars and training on financial empowerment.

15. Develop a good saving habit. Save something out of the littlt money you make or earn.

16. Never you expect luck to bring you huge sum of money from lottery, pool betting or other quick means. These money making process is designed to make money for the originators/owners and not for you.

17. Do not cultivate a poor mindset that your income is insufficient and the only way to survive is to borrow.

18. Invest in stocks, properties and small scale business. These are the only financial income generators. For you to be wealthy, you need at least one of these income generators.

19. Associate yourself with people of good business acumen to give you business ideas that you can start to boost your financial stand.

20. Plan your retirement to avoid been poor for the rest of your life. Do everything possible to enrich yourself when the power to do so is still there.

13 TIPS FOR WEALTH BUILDING

To be wealthy means the state of being rich or being balance financially and materially. Wealth is gradually built and not stumbled upon and for you to be wealthy and called successful in the society, you must ensure the following:

1. You must first identify your talent and develop that talent to the best of your ability.

2. Do not spend more than you earn. If there is need for you to borrow money, borrow to invest in a business.

3. Learn to save money no matter how little from whatever you earn now as money attracts money (money is a spirit).

4. Create for yourself multiple sources of income. Do not depend on your salary job alone and expect to increase your wealth or succeed. Diversify!!!

5. Take calculated risks (risk you can manage). Do not just look at the profit of a business alone, but take your time to analyze the cost effect of any business you want to invest in. Always ask yourself that; in case of any eventuality, can I survive?

6. Do not procrastinate. Passing Over Opportunity Regularly (POOR) make you poor. Take action immediately.

7. Learn to invest. For you to increase your wealth, you must be an investor. However, do not put your money in any business you don’t understand or know nothing about.

8. Increase your financial intelligence through wealth empowerment courses, seminars and reading of various books.

9. Learn to budget. Distinguish between your NEEDS and WANTS. Always prioritize your needs and expenditure, do not allow your expenditure to surpass your income.

10. Write down your financial goals (what you want to achieve within a stipulated period of time) in hierarchical order. Aspire to achieve these goals and check as you achieve them.

11. Belong to a Network or a group of growing up and successful entrepreneurs.

12. Get ideas and information from e-Books, magazines, seminars and trainings. Develop on these ideas and information by putting what you have learnt or read into practice.

13. Above all, put God first in whatever business you are doing or want to do. Partner with God and let His fear be in you. Seek Him always and NEVER have the intention to dupe anybody.