Knowing When to Cut Your Losses

Knowing When to Cut Your Losses
loss

Hi, reader’s. I was working with a client the other day who has a number of small businesses, but this one business in particular wasn’t doing very well. In fact, it had lost money every year since virtually it started ten years ago. I said to them: “Let’s end this one. Let’s cut our losses and move on from this one. There’s just no way that it’s going to work.”

It was just a poor business concept. They said to me, as they say each year, ” one more time, one more year. I think we can do better.” I looked them in the eye and said, “You really believe that this business can be successful this year, that it can turn a profit?” They looked me in the eye and said, “No, probably not.”

There’s an old Turkish proverb that applies: no matter how far you’ve gone down the wrong road, turn back. That’s great advice. Did they? No. Will we have the conversation again next year? Yes. Don’t let that be your business.

5 Best Online Meeting App for Your Busy Schedule

Time-Well-Spent-Coffee-and-Friends-1
How do you take out time to meet with Clients, meeting with team or to arrange a party for having fun with friend? Being a professionalist it could be tough for you.

Whether it’s about business or just trying to arrange a dinner with friends, Online meeting app is the simplest way to find a suitable time to meet.

Get your schedule in better shape in 2015 with the help of one of these fantastic meeting apps.

These five meeting app will help you connect with people easily in your hectic schedule.

SwipeToMeet:- SwipeToMeet is a free mobile scheduling app that makes finding a suitable time with everyone as easy as swiping a match on Tinder. Scheduling starts with the organizer answering three questions: What time of the day, how long and where. After that, the service does the entire scheduling math and makes adaptive suggestions based on everyone’s known availability and answers already received. Scheduling invitations are delivered via SMS and the swiping is done on a mobile site so no app installation is necessary to participate.
swipetomeet
Leading Meetings:- Leading Meetings helps managers to easily have awesome team meetings. Awesome meetings are collaborative, enjoyable and productive. This web and mobile application helps you to put together a great meeting agenda, to assign actions during the meeting and to follow up on progress after the meeting. It’s time to start having awesome meetings!
leading.io
Solid :- Solid is an online meeting management tool that smartly helps you to get everyone prepared for a successful meeting, keep the meeting focused on the agenda, and receive actionable minutes right after the meeting.
solid
Thirtymin:- Thirtymin is the fastest and easiest way to set high-impact, face-to-face meetings. Connect with people who inspire you, who can help build your business, or can give you critical insight. Or just connect with someone you’d otherwise never meet to build a bond and broaden your horizons.
Thirtymin users thrive on the power of spontaneity and urgency. The meeting has to happen within 7 days and only for 30 minutes, so both sides are motivated to make it count! Pitch an idea. Forge a friendship. Share a story. Learn what makes people tick. Make it precious.
thirtytime
Meetin.gs:– makes it easier to organize meetings. Schedule and organize a meeting effortlessly over organizational boundaries: no passwords, no registrations, and no download. Meetin.gs creates a shared online space for meeting collaboration, including files, shared documents, notes, and agenda.
meetin.gs

Focus on Your Strengths to Maximize Productivity

Focus on Your Strengths to Maximize Productivity
Productivity

Hi. Suraj here. Here’s a thought on your personal development. I’ve said before that it’s really important for you to understand what your strengths are and to work within those areas of strength, not to focus on those areas that you’re not as strong or even weak in. The idea being that when you focus at what you’re really, really good at, you’ll bring the maximum amount of value to your life, to your relationships and to your business. When we’re asked, “What are you really good at? What are you strong at?” We maybe have a stock answer of one or two things but have we really thought about what our strengths are?
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Finding, Hiring and Retaining Great Employees

Finding, Hiring and Retaining Great Employees
hiring

Hi, Suraj here with some thoughts on recruiting good employees, how you find them, how you hire them, and what you do with them once you get them. First thing in having success and bringing employees on, and it’s really critical because the most common complaint I hear from business owners is that they’re having employee problems. Well you want success with your employees. The first thing is to have a mind set of being a servant leader. Your job is to make your employees the best they can be. In order to do that, you need good material to work with. The first step is in the interview process. You’re looking among other things for two primary things when you’re hiring someone. You’re looking for character, and then you’re looking for skills and experience. Out of the two, the one that’s most important is character. It’s is very, very difficult to change a person’s character, but you can always train skills. (more…)

Give Your Prospect Three Options to Say Yes to Working with You

Give Your Prospect Three Options to Say Yes to Working with You
service

Hi reader’s. I want to give you some ideas on how to better negotiate contracts with your clients. When you’re selling services particularly, but it also works when you’re selling products. The idea is that when someone comes to you and wants to buy your services, they usually want the high end of everything that you can do for them, for the absolute lowest price. Of course, that doesn’t make sense, because it we’re going to give them premium or maximum services, we want to be paid for that. We want to be paid fairly for that. One of the problems is that when you offer a customer an opportunity to do work with you and you’re saying, “I’ll give you this maximum level of service,” and they start beating you down on price to get a real discount price for that, sometimes if you need the work, you’re willing to do that and you’re selling yourself short.
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