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"This Was My Great Year" Entrepreneur Should So Say

January 28 2016 l ndbs  
  
 

Many Entrepreneurs start a year with great resolutions and are excited and looking forward to business growth and great year ahead. In countries like China their years are themed around the national goals but in countries like South Africa the themes are according to religious bodies individuals belong to.

One church may have prosperity as a theme and the other has Taking Over as a theme, such themes do inspire individuals to have aim and purpose during the year. It is unfortunate that not everybody will experience fulfillment of the theme come year end but only those who stayed focused and working toward achieving what they aimed for.

As Entrepreneur you need to have a theme for a year in your business and whatever you will do should be within that theme, and once you have the theme the following will be important to end a year on a high note:

Do what needs to be done daily

For you to know what needs to be done daily you should check first what was not done today in order to either include it in tomorrow’s agenda or leave it out. But always remember that when you delay to do what you planned it starts to age and looks less important with the passing of time.

If you are not sure whether to do something or not rather consult with somebody to see if you were right in dropping it as you might leave out what is meant to take you forward. At the end of each day do personal stock take and review what you did, then plan for a day ahead.

Do not go to sleep without a review of what you did during the day, that will help you plan well for a day ahead and know what needs to be done first

Stick to the agenda

Before doing anything during the day check if what you set as priorities are done already. Some things that pop up may turn into priorities as you cannot predict what should happen. Suppose you get a call saying you should submit your documents for a contract within 24 hours, that can become a priority but before you do it, see how you can deal with what has already been on the list, by so doing you may find yourself delegating it to someone while you attend to the 24 hour deadline. Do not deviate from your daily plan for no valid reason.

Make time for everything

If you do not make time for everything you will do anything that comes along thus trading time of what is important for what is not important. Make time for business and time for family, make time for shopping and time for paying bills. Your life must not just happen, plan what you need to do and make sure you do it.

Achieving great things in life is about doing small things in every opportunity you get daily, nothing that comes along is less important if that is meant to take you to another level in your business.

What you do throughout the year will determine how your review of the year will be, you will either say “This was not my year” or “This was my great year”. When the year starts you are so positive and declare “This is my year”, let it be so by putting efforts in to it and achieve what you planned at the beginning of the year.

Derrick is a Certified Business Advisor   (IBA Member)

 
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It Is The End Of The Year Not the End Of Your Business...DON'T PANIC

December 11 2015 l ndbs  
   

At the beginning of the year every business owner has resolution made and part of that is to make enough money to afford a holiday with loved ones, to some is to have a car or buy property, but come year end some realize that they faced more difficulties such that they are amazed that the business is still going on. No matter how prudent and careful you can be, business does face challenges that can be beyond your control, while operating with precision the landlord can decide to increase rent beyond your budget or give you notice to vacate the space, those are challenges and do not mean you should see that as end of your business.

Look Back with Pride

When you look into your business you will realize that in as much as you did not buy or do what you had as resolutions for new year, there are great things or huge investment you made toward the business. Remember that you have your plan but God direct your steps and knows what is best for you and your business. As long you were not wasteful but was able to reinvest and recapitalize your business, there is always another day and another year. Rejoice and celebrate over what you have achieved than worry over what was aborted during the year.

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Think Like An Entrepreneur, Act Like A Trader

Octover 08 2015 l ndbs  
   

Being an Entrepreneur is about innovation, ideation, spending time conceptualizing and seeing the end product in your mind. It is when the product is ready that it will require rigorous selling, promotion, marketing and management to get it off the shelf. As Entrepreneur you now need to augment the skill of a trader whereby you knock at closed doors and sail on air balloon to get the product across.

Being entrepreneur you can come up with the idea and plan everything to the latter but not able to operate the business but leave the responsibility to the team that you can hire to do the job. If you are the kind of Entrepreneur without budget it will then require you to also do the actual job than delegate.

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Vision 3030: Think Beyond Your Lifetime

August 24 2015 l ndbs  
   
Whether we like it or not, probably none of us in 2015 will leave to see 3030. But whether we leave to see it or not, 3030 will come. In as much as there are those waiting for the world to end, the world may not end before 3030.

But if it does end before then, how will your name be remembered by those living after you? What inheritance will you have left to the generation to come? Will the mention of your name make them frown or smile?

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Take Off Saul's Armour And Face Goliath

June 17 2015 l ndbs  
   
The story of David and Goliath may sound a myth to some but records show that the battle in the valley of Elah with archeological backing did take place. It is a story so close to may people of different religions as it shows the level of faith and trust that one can have in God to win the battle. When David got into the camp of Israelites he was greeted by a giant challenging the army of Israel.

David immediately got charged for war but before he could approach the giant, Saul offered him his armour to wear, Saul was the tallest in Israel, meaning that the armour was no match to David’s body and after an attempt to walk, he decided to take the armour off and face Goliath with his Sling and stones.
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You Are The First PR Executive For Your Business, Behave As Such When Networking

May 08 2015 l ndbs  
   
Network sessions are seen by many as platform where they will go and sell their business and distribute business cards to those deemed potential clients, very few see it as a platform to buy what they are looking for, the reality is that what you have been looking for can be purchased at a handshake price for the mere fact that you shook hands with the seller and had an opportunity to interact at personal level than client and service provider. You therefore need to go the sessions prepared

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Get All Your Race Horses At The Starting Gates

March 23 2015 l ndbs  
   
At the racecourse all horses have same starting time and are at closed starting gate to make sure they are all at the same line before take off but someone is optimistic that their favorite horse will emerge a winner.

At the end of the race there will indeed be one winning horse that will be all over the news and those who placed a bet on it will head to the bank smiling. But the overall winner is the race organiser because every horse paid to enter the race, every gambler paid to bet for the horses, those attending the race paid entrance fee, the broadcasters paid for broadcasting rights, and the organisers decide the winner’s price.

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Enhancing Value Chain Among Entrepreneurs


Value Chain is the concept that has been promoted by governments around the world with focus on how they can integrate systems to function efficiently, and they have taken it further by looking at how they can relate amongst each other through bilateral trade agreements that carry tax exemptions and tariff deals that will see seamless transactions to boost their economies. 

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Fishermen Have No Competitors

I was asked a question by a mentoree during mentorship session: “How do I deal with competitors in the area?” And immediately the thought of fisherman dropped in my mind.  I pictured a fisherman on the bank of the dam with other fishermen nearby. 

What came strongly is that every fisherman is focused on their fishing line to see if it moves and their attention is on the fishing rod that is held tight by the hands which makes it difficult to lose :

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Knock Yourself Off Debts Wagon

Getting in debts then pay someone to administer your way out is like kidnapping yourself and pay someone ransom to be freed. Most people realize they are in debt the moment they need something and can’t afford due to other financial commitment, and instead of paying off what they have committed in they start to see crisis in the situation.  One has to ask a question “Did I make mistake by committing my money to that?” and if answer is no keep paying without pressure. 

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Your Business Needs Medical Attention Too

As humans we are quick to seek medical help should we not feel well in our bodies and at times it does not matter how much we pay for the services as long we get help, yet we fail to do the same when our businesses are unwell, instead of seeking help from experts and consultants, we try to fix things by ourselves until the business collapse and we are unable to resuscitate it back to life.  The following are steps that will help getting your business healthy:

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Get Your Business Off The Ledge

Every business does experience dry season and rainy season, there are times where it soars like an eagle, and comes a time where it hides like a bat waiting for night time.  It becomes dangerous when it get on the ledge and leave the owner with two options: To jump and crush or hold back for rescue.  When faced with that situation the following can help get on your feet again: 

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Is Cash Still King In Business?

The old adage that Cash Is King still has meaning in today’s business world.  Employees are paid through cash, Service providers need to be paid cash, creditors are paid cash.  Any company that has its cash withheld by its debtors such company may struggle to meet its financial obligations. 

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Dining With Captains 

Getting clients to buy your product or service takes talking and selling but to keep them takes character and respect.   The clients that you have they are also clients to others so they know all the tricks and the kind of game you play, and they can easily tell if you are trust worthy or not.  

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Curious Case Of Middle Class 

The economy is structured in such a way that there must be employers and the employees. And it is the responsibility of employer to pay the employee for the services rendered or work done.  It is within  this circle where the  bourgeoisie have  found a dwelling place.    

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Act Like Antrepreneur, live  like Entrepreneur

Ants are interesting insects and unlike lions that you have to find in the zoo, they are found in rural and urban areas.  They travel without boundaries and  work hard for their food no wonder they got special mention in the bible, Proverbs 6:5-6 ““Go to the ant, you sluggard! Consider her ways and be wise” .  In studying their lifestyle one discovered that there is much to learn from such a tiny creature than could learn from a lion.

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Advertising On Social Media For Results

Social media is a great platform for networking, business connection, family contact, friendship, dating that may lead to marriage or heartbreak, whatever the reason may be, the bottom line is any person who is on social media already know the purpose and intentions of being there.  How you behave to those you are connected with may make or break your business as you

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