How to Stop Over Thinking and Get Things Done

When you face a big decision in your business, it’s easy to start over thinking. As we debate the pros and cons, we often get stuck rehashing the same arguments in lieu of making a choice. Effective leaders develop the confidence to take decisive action, a skill that makes them more productive.

9 clear strategies to making make better decisions

How do you usually make a decision? Do you act impulsively, or over complicate? Knowing our personal quirks and decision drivers can help control irrationality and impulsiveness, which help control irrationality and impulsiveness, which can then lead to better decisions in tough situations. Let’s take a look at nine strategies for making better decisions in crucial moments

1.       Weigh the consequences: if you start at the end first, it can help simplify a decision. For instance, think about what you can and cannot live with. This can help eliminate options and keep things in an appropriate perspective 

2.       Think first: this one is for the impulsive decision makers out there. When you’re caught up in the momentum of something, try to take a deep breath. Give yourself a few seconds to re-evaluate the choice. Even better to sleep on it or at least give yourself some space to process the decision with a walk or some quiet time

Richard Branson: Turning A Disadvantage To Your Advantage

 Whenever something goes wrong or you find yourself at a disadvantage, often the best way to handle it is to turn a negative into a positive. I learned this early on as I struggled with dyslexia, a learning disability that affects reading comprehension.

I left school when I was 16 year old partly because of my dyslexia. I couldn’t always follow what was going on, so I didn’t find the lessons interesting and became distracted. My teachers thought I was just lazy because back then; people didn’t understand as much about dyslexia as they do today. On one of my last days at school the headmaster told me that I would either end up in prison or become a millionaire. That was quite a starting prediction, but in some respects he was right on both counts

What was definitely true was that I seemed to think in a different way from my classmates, and had from an early age. Throughout my teenage years I was very focused on trying to set up a business and create something. On leaving school I devoted my energy to turning student magazine into a nationwide publication and a profitable enterprise.

  

How to recover from a setback

You can’t beat yourself up over this. There was no way to foresee it. Anyone could have made the same mistake. There are a dozen ways to  spin it, suffering a temporary setback is a momentum killer if you let it. Here are three tips for getting back in saddle after a deflating setback

Sept one

Pout or punch: do what you have to do to feel better. Allow yourself to be an utter mess, success columnist Mel Robbins says “I gripe, I cry, I feel insecure, I punch the wall. I exercise, then, it’s out of my system and it’s over” she says.

Take the time you need to process what happened whether it’s life-altering like a layoff or an unforeseen obstacle in a big project, it’s okay. Really accepting the setback is an important step toward moving forward. It’s one more thing you can put in the “I know not to do that next time”

3 easy steps to access BOI Facilities

Wondering how the Bank of Industry can assist you?

BOI’s mandate is to provide financial assistance for the establishment of large, medium and small projects, as well as expansion, diversification and modernization of existing enterprises and rehabilitation of ailing industries

Accessing the Bank of Industry’s facilities is as simple as taking the following steps:

i.                     Formal application letter

ii.                   Completion of BOI’s questionnaire

iii.                  Submission of:

-          Photocopy of certificate of incorporation

-          Certified true copy of Memorandum and articles of Association

-          Form CAC 2.5 (C02) and Form CAC 2.3 (C07) of the company

-          Three (3) years most recent audited accounts in the case of existing businesses

-          Report of feasibility study (2 copies)

-          Land and building documents:

Questions to Ask Before Quitting your Job to Run Your Own Company

The dream of being one's own boss is what leads many people to start businesses, but leaving your bread-and-butter job to fulfill that vision is a move that shouldn't be made hastily.

A lot of people wake up Monday morning and say, 'How did I get here?'” he says. “You take a six-month stop-gap job sometimes and find yourself still there years later, but it doesn't have to be that way.”

That said,   Acuff and other experts say there are some important things to consider before quitting your  job to start a business.

Here are the ten questions you should ask yourself.

1. Is this going to make me happier?

Before leaving your job for uncharted territory, make sure this is really what you want not just what you think you want or a way to escape your current job. “I personally believe you should get enjoyment out of your career,” says Chris Hurn, Orlando, Fla.-based, author of The Entrepreneur's Secret to Creating Wealth: How The Smartest Business Owners Build Their Fortunes (Advantage, 2012). “Too many people suffer silently in their job, but before you go out to be your own boss, you have to believe you're going to be happier. If you can't say that you believe it will make you happier, don't do it.”

2. Is the timing right?

If your wife is pregnant or you've just taken over the care of an elderly parent, it may not be the right time to leave the security of an established job to pursue the dream. “We throw out these Interest-sized platitudes like, 'Just go for it' or, 'Step out in faith.' And then we pretend that we don't have a mortgage or bills or responsibilities,” Acuff says. Instead, be honest about your current situation; be realistic about your bills and your commitments; and then make an informed decision.

How to Grow Your Biz Into success in Less Than 3 Years

Marketing like the big Brands Main which marketing expert Jim Joseph shows entrepreneurs on a small-business budget how to apply marketing strategies used by big brands.

Setting  goals is crucial to the success of you businesses, the responsibility falls squarely on your shoulders. That said, your day is probably filled with important tasks like solving problems and fulfilling   customer's needs. 

I can relate. Running my own agency, As hard as I try, I still find myself putting out day-to-day fires more often than I'm actually doing long-term strategic planning.

The big brands spend a lot of time planning, probably too much, to be honest. They have planning sessions to talk about how to plan. They hire teams of people whose job it is to plan.

And they are on to something. Without setting goals, we are just living moment-to-moment, crisis-to-crisis. You won't get ahead if you manage your business that way.

What to do when starting up a new business

Hunting sales whales

"It may be best not to go for the home-run account right away," suggests Michelle Fish of Integra Staffing, "because you might not be ready for the size and scope of their business, and you might not get another chance at them if you blow it. Sometimes it's better to get your feet wet with smaller accounts."

 Sales personnel

Prepare to wear many hats, at least for the short term. Rather than hire a salesperson right off the bat, Fish took on all the sales responsibilities herself. "Hiring for sales is hit or miss," she says. "And anyway, nobody's going to do sales better in the beginning than you."

 Outside consultants

Look to a mentor for strategic guidance and nuts-and-bolts practical advice. Be strategic when enlisting pros with high hourly rates, such as attorneys and accountants. Pay them now for help incorporating the business, reviewing partnership agreements and ensuring you have a viable accounting system in place upon launch, but wait to enlist them for less pressing matters.

How to Write a good Business Plan

Now that you understand why you need a business plan and you've spent some time doing your homework gathering the information you need to create one, it's time to roll up your sleeves and get everything down on paper. The following pages will describe in detail the seven essential sections of a business plan: what you should include, what you shouldn't include, how to work the numbers and additional resources you can turn to for help. With that in mind.

Executive Summary

Within the overall outline of the business plan, the executive summary will follow the title page. The summary should tell the reader/investor what you want. This is very important. Clearly state what you're asking for in the summary.

Business Description

The business description usually begins with a short description of the industry. When describing the industry, discuss the present outlook as well as future possibilities. You should also provide information on all the various markets within the industry, including any new products or developments that will benefit or adversely affect your business.

Overcoming Business Obstacles for Success

 It is always very advisable to be passionate about what you are going in for. Being passionate about a particular business or career in life will not only help you but will be of a good advantage to in overcoming the challenges in it.

 However, problem and challenges will always crop-up in every given moment and in that challenge lays your breakthrough and success and the  ability to excel mightily in that career/business, without challenges there will be no successes, without successes there will be no challenges, if you must overcome business dilemma, business whahala, you must get up and raise up to your responsibilities of waking the giant in you, face it head ahead, bomber to bomber with diligent and good work, walk with the believe that you have the solution to the problem,  work smartly  and gently, don’t just sit there and procrastinate over issues, you got not to be lazy, lazing around all the time, because procrastination and laziness only exist in the dictionary of  a sluggish and idle minded man dictionary who always complain negatively about the country’s economy, which is only a ghost and not minding the positive aspect of the economy, the bullish.