Section I: Leadership Skills
Being a leader and being a successful entrepreneur go hand-in-hand. Without a strong sense of leadership, you’ll find it impossible to steer your venture and your employees toward your vision for the future. As you answer these questions, think about how you’ve been handling both your business and your team.
Question 1: How ...
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Being a business leader is not for the faint of heart. It’s a position marked by constant, high-stakes change and complex decision-making. The right decisions could propel a business forward, while a misstep can lead to setbacks or even the prospect of shutting up shop. It’s no wonder leaders want frameworks they can rely on ...
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Did you know that acquiring a new customer can cost up to five times more than retaining an existing one? Or that increasing customer retention rates by just 5% can increase profits by 25% to 95%?
While bringing in new faces is always exciting, it pays to remember the people who’ve already bought into what you’re ...
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“The wise man doesn’t know all the answers, but he knows where to find them.” – Anonymous.
Despite the tendency to picture a successful business owner as an entirely self-reliant powerhouse capable of handling any hurdle life throws at them, the smartest among us often turn to external experts for insights and guidance we can’t tap ...
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Curiosity killed the cat, they say, but fortunately, you’re no feline.
More and more, business leaders are seeing the value of having a curious workplace for themselves and their employees. Curiosity fuels success in ways we’ve never seen before as leaders tap into their insatiable thirst to know, do, and be more.
However, there is still some ...
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You’re likely familiar with the adage, “Don’t put all your eggs in one basket.”
In the business world, we adhere to this through customer diversification. In short, it involves making less than 15% of your total sales with a single client, spreading your metaphorical “eggs” into several different “baskets.”
However, lacking a diverse and large customer base ...
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A new day dawns and the sweet aroma of freshly baked goods wafts through the air. The doors of Sweet Treats Bakery are open, ready to greet the day and satisfy the cravings of loyal customers. But behind the delightful treats and the staff’s warm smiles, a burning desire for growth and success fuels the ...
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Imagine leading a vibrant workplace bustling with energy, where employees are excited to come to work and are motivated to stay. It sounds like a dream.
The truth is, it doesn’t have to be. By implementing employee retention strategies, you can improve employee retention and create a work environment that keeps your team together!
In today’s ever-evolving ...
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As a small business owner, you’re always looking for ways to stay ahead of the curve and ensure your company’s continued growth and success.
One essential aspect of managing your business effectively is keeping your small business overhead costs as low as possible. Reducing overhead expenses helps improve your bottom line and allows you to allocate ...
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At the beginning of your partnership with a business coach, you may feel intimidated by the prospect of being vulnerable about your executive career.
For many, having questions already in mind can ease some of the anxiety, giving them a launching-off point for what they would like to talk about both in the short term and ...
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