Ideas for Starting A Business

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Quite frequently aspiring entrepreneurs dream of starting a new business, but they don’t know what kind of business to start. They think that they must come up with a novel idea – something that no one else has ever thought of or seen.

However, new businesses don’t have to be started on a completely new idea; it could be simply bringing something to your area that isn’t available right now or improving upon a product or service. If you study Sir Richard Branson, you’ll find that he has built a multi-billion dollar empire simply by improving existing products and services in different industries.
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How To Gain Valuable Feedback

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“Wisdom accepts that all things
have 2 sides.”

~Carl G. Jung

One of the best ways to find out how your staff views your leadership is by conducting a 360-degree feedback.  The viewpoints that you’ll typically want included in these evaluations are subordinates, peers, supervisors and yourself.  Other sources to be considered for inclusion could be external contacts such as customers, suppliers, former co-workers or other interested stakeholders. Continue reading →

 

Happy Life; Happy Business

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In an earlier column, I wrote about a young, successful entrepreneur that virtually turned his business around, growing his revenues by 400% within a mere 18 months, by using 10 tactics to create a state of flow. He started with a couple of these tactics and added more along the way as he saw the positive results.

This entrepreneur found his success was directly linked to the increased happiness within his business and personal life. The happier the environment, the more freely his business flowed. With this understanding in mind and believing that we can all benefit from increased happiness, I would like to share with you the 12 key points from the book The How of Happiness by Dr. Sonja Lyubomirsky, a Professor of Psychology at the University of California, Riverside. Continue reading →