One of the keys to a successful business — and a fulfilled life in general — is to not only have a plan but to also have forward momentum pushing you in the direction you want to go. Many times, the problem in moving forward isn’t the goal but the struggle to generate the drive needed to accomplish what needs to get done.
Pablo Picasso created paintings the world has marveled at for decades. Looking with awe at these masterpiece creations, it would be perfectly logical to imagine that the distinctive brush strokes were made by someone with a natural gift — a gift not achievable by most.
Most business owners and company executives use the terms "customers" and "clients" interchangeably without fully realizing that there is a meaningful difference between the two. Understanding the distinction and setting your plans accordingly can help you build and grow a more profitable business.
We all want to increase sales and grow our businesses. We also know that hiring and grooming a sales superstar is one surefire way of achieving those goals. Unfortunately, finding and retaining a sales superstar is a difficult task. Until you find the secret to make that a reality, here’s an alternate path to consider for reaching your sales goals.
While the economy seems to be slowly recovering, it’s far from smooth sailing, and many businesses are still struggling to find firm footing. Even so, you don’t have to look hard to find businesses that are thriving. What’s the secret behind these companies that the struggling ones haven’t found?
Henry Ford, the famous Ford Motor Company founder, was known for many things. Among them was his role in promoting the assembly line as a viable means for mass-producing automobiles, a process that made cars more affordable for middle-class Americans.
Every industry and every business tends to have at least a few competitors who know only one way to compete: unreasonably low pricing. These businesses undercut pricing so much that few make any profits. Unfortunately, as they go down the tubes toward oblivion, they often drag a few good companies with them.
There are skills you can learn from textbooks, skills you can learn in business school, and skills and lessons passed down from mentors and peers. Then there are the skills that can only be learned in the school of hard knocks and the real world. An entrepreneur who wants to be a true leader must understand which skills are the most important in order to lead a healthy and growing business. Here are eight of the most critical skills which differentiate successful entrepreneurs from others.