WANT TO GROW YOUR REVENUE? Start by growing your skills…There is no shortage of business or customers, there is just a shortage in skills, to make, take and own whatever you want. GROW YOUR SKILLS AND MAKE MORE $$$’S
WANT TO GROW YOUR REVENUE? Start by growing your skills…There is no shortage of business or customers, there is just a shortage in skills, to make, take and own whatever you want. GROW YOUR SKILLS AND MAKE MORE $$$’S
There has never been a better time in history to be an entrepreneur or business owner. With opportunities aplenty, you get to write your own cheque, you work your own schedule and you get to create wealth for yourself and future generations, while simultaneously creating opportunities for others.
The minimum prerequisite for any lasting business success is both being a visionary and a masterful executioner, for dreams without action is much like building sand castles…within your mind. A party for one and only you are invited.
Whether you run the “spaza shop”, a small business, a medium size business or even a corporate, it’s critical that you master the keys to business success. While there is an endless list of skills such as, Tenacity, Resilience, Sales, Marketing, Communication, Management of people and resources and several more such as Finance and Operations, here are three key ingredients to your business success.
Focus is the ability to stay with the problem, challenge or goal until completion. The people with the greatest focus complete and solve the greatest problems. They score the best goals. Laser-like focus creates laser-like results. Think about diamonds for a second…In the original process diamonds were cut by man using the naked eye as a guide with some magnifying glass to increase and enhance focus. As you know the eye can be imperfect in many ways. Sometimes you see an oasis that’s not there. At other times you miss the thing right in front of your eyes… Like your car keys, the salt, the remote etc. Since man’s inaccuracy and imperfect nature, the jewelry industry has resorted to laser diamond cutters run by computers. This is to ensure the highest possible quality, The lowest possible wastage and the greatest profitability. If you want business success you need to develop a laser-like focus. So that you can stay focused on the goal, eliminate all the challenges and annihilate the competition.
So what is the entrepreneurs goal? Invariably, they want to increase profitability, through reducing the cost of business and increased sales…Focusing on this meansTargets…can you hit a target you can’t see? The best entrepreneurs focus intensely on target achievement. All resources, Sales people, support staff, and everyone associated with the target, undergo rigorous training, development and support to succeed at the target. They don’t change target, whilst they may change strategy, or resources in getting there.
By focusing on quality products, customer service and customer experience, you increase the value you add in the market place. If you create a world class product, deliver it with sterling service and gives an experience worth remembering, you can easily corner the market. Think about the tourism industry. If you want elegance, class, unforgettable memories and world class service, would you buy a 1 star holiday? Challenge yourself and your team to ensure you are winning market share by outwitting the competition.
The best entrepreneurs are obsessed with their numbers. They know that their numbers never lie. They measure everything. Cost, efficiency, productivity, profitability, Sales performance etc. They know too well that if you cant measure it, you cant manage it. If you cant manage it, it manages you…out of business. They compare past and present performance and also future expectations. Become knowledgeable and confident about your business health. By facing reality daily, there are no nasty surprises, just superior planning.
The most wildly successful entrepreneurs are strong communicators. They communicate with themselves (their inner dialogue), to their staff (the vision) and to their customers. They use the communication opportunity to build and reinforce their company and personal brand.
Their internal dialogue speaks possibility, not fear. They use their psychology for their success. They understand themselves, how they think, what makes them “fire up all engines” and what their challenges are. Their internal dialogue comprises of affirmations, visualization and massive amounts of action. Without action, they would be day dreamers. Rather, they reinforce the dream through action while speaking their positive, personalized vision of where they are going and how they intend to get there. They never speak of failure, uncertainty or problems. They speak of success, certainty and of opportunities.
The successful entrepreneurs, sell their vision on to their staff. The staff eat, drink and sleep the ethos of the entrepreneurs at the best companies…Think Google, Apple, SAB etc. Staff know exactly whats expected from them, by when and at what quality. There is no grey areas. There is do…do more…do faster…do innovate. A great entrepreneur creates a culture for growth and expansion by fostering strong communication about the mission and vision of the organization to staff members.
Their customer communications are focused messages which continue in the form of in store adverts showcasing their amazing value and benefits or on television, radio or billboards for customer consumption. Better still they connect with customers on SMS, they ask customers to rate their service, “recommend a friend” campaigns and so forth. These companies are serious about owning their customers spend with them. Thats what makes them so successful. Every interaction is meant to drive them one step closer to re-engagement, making repeat customers.
If business were easy, everyone would be in it. Because there are many barriers to success, hardly but a few succeed in a big way. As such one of the primary skills for you to master is resilience. Its the ability to weather the highs and lows, the erratic cash flow and overcoming the many fold challenges along the way. When the outlook is bleak, resilience keeps you going. Its during these times that we measure not the size of the dog, but the size of the fight in the dog.
Resilience is also required at high level negotiations, mergers and take overs. You’re stamina to last through these are largely dependent on your resilience, so you can stay the course to ensure your outcomes.
Here are some ideas to grow your resilience today:
For more on your Business Development, Sales Conference, Sales Training and Sales Coaching needs, contact me for a free 30 minute consultation to help you and your organization fulfill its goals and objectives. I welcome hearing from you.
Keep smiling, keep shining!!!
My name is Vinesh Maharaj and I’m your coach and partner in success…
Mobile: + 27 84 990 1539
Email: vinesh@vineshmaharaj.com
Being youth month in South Africa, I want to focus on Youth-Preneurship. Without being too clichéd, we’ve all heard before that “the children are the future”. As such what type of future will they inherit or create?
If we continue at the current rate, we will run into serious trouble in the future. We have serious challenges with unemployment, crime, poverty, longevity and ultimately personal happiness and fulfillment.
Today I want to share with you 3 points on how you can start, develop and grow your Youth business from home, school or your garage.
1. Find the need…
There are literally hundreds of needs all around you. Needs for goods and services. Needs for solutions. By solving peoples problems you solve your own money problems. Focus on high-quality, high profitability opportunities.
Here are some examples to get your creative juices flowing:
Schools, businesses and homes in your area require stationery on the daily basis…Pens, pencils, writing pads, invoicing books, reading books, curriculum books etc. Register your company , speak to your principal or governing body to partner with them. Offer them a partnership they can’t resist. Offer them cost savings (competitive pricing), a small profit share in the form of a donation (please check for legality prior), or sponsor the schools rugby team on their next tour. Offer them more value (while keeping some for yourself) than they can get from a competitor.
Find a manufacturing supplier who can give you competitive prices and high quality which you can pass onto your school. Now find just 10 – 100 more schools and you’re into a serious business with serious prospects of a bright future.
Grow fresh produce on your school or communal grounds (get the right authorization before hand). Seeds cost little to nothing. If you’re really smart, get them sponsored by the local nursery. Add labour, a bit of education about crop rearing, soil fertilization, irrigation and viola! You have perhaps the freshest produce to offer to parents, local shops, restaurants and even super markets. With the right mentorship and guidance, you could launch your path to entrepreneurial wealth, job creation and the passage to big business requiring farm lands, hi-tech equipment, irrigation systems, logistics and distribution systems.
Start a bespoke cupcake birthday business. Try to supply every birthday at your school. Then supply the church, temple, mosque, synagogue with their birthdays and special occasions and events. If they’re really good cupcakes and are value for money, beware…success can be sweet.
Showcase Birthday parties with your DSLR and sell them only the pics they want? Package various options and snap away. Photography can be a great way to start, but real business occurs when you have an army of school going photographers working for you. You find the leads, make the sales and collect the cash…you own the business, your staff do the work. Find the need, fill the gap and prosper.
2. Beat the Competition – There is always competition.
To find a spouse you have to compete…To land a job you have to compete… Competition is about the survival of the fittest. It’s an ancient reality of “adapt or die…” By harnessing this law while in your youth it allows you to grow through rapidly changing environments, it forces you to outwit, outsmart and outplay your competition. You win by adding value. You win by staying relevant. You win by being flexible and adaptable in an ever-changing environment. Find ways of adding value and you will have customers to serve. “Every oak tree started out as a couple of nuts who stood their ground”.
3. Innovate, create…
You can start today by innovating and creating new products and services that the market has never seen before. Think Facebook, Twitter…develop your own app? Think about the cell phone? Twenty years ago we were in the stone ages…today mobile communication is at your finger tips. Think about products that people use every day that can be improved such as the electric toothbrush, razor blades, tooth paste. They’re always “new and improved” but don’t create any new results, yet you always pay more for them. Create something really “new and improved” and steal away the market. Create apps for parents such as “track my kids”, so that parents can monitor the whereabouts of their children 24/7. Develop an app you can tie back to your cellphone, so you never lose you keys again, ever!!! Solve problems, make millions…Mark Zuckerberg solved communications and social interactions through taking them online…Oops, he is a billionaire in $’s!!!
Innovation and creation does not lend itself to new products and services exclusively. You can add on value to existing products and services, launching your business from that platform. Someone found a way to take an age old commodity like vodka which has been drunk for hundreds and thousands of years and repackaged it in an innovative, creative way. I’ve seen blue bottles, silver bottles, black bottles, square bottles, triangular bottles and even skull shaped bottles of vodka! Same old wine in a new bottle…smiling all the way to the banks.
Note that these are just some ideas for your early stages of business growth and development. ..As business grows, so should you…Remember that ideas are a “rhyme a dime” but execution is king!
Wishing you youthful entrepreneurs immediate and sustained success. Keep on, keeping on. Signing off in the words of Steve Jobs “Stay Foolish, Stay Hungry!!!
For more on your Entrepreneurial Development, Sales Conference, Sales Training and Sales Coaching needs, contact me for a free 30 minute consultation to showcase our products and services to help you and your organization fulfill its goals and objectives. I welcome hearing from you.
Keep smiling, keep shining!!!
My name is Vinesh Maharaj and I’m your coach and partner in success…
Mobile: + 27 84 990 1539
Email: vinesh@vineshmaharaj.com
So, you wake up in a box called a bed. You shower in a box. You have boxed cereal. You drive to work in a box. You ride the box up to your office. You speak to others on a box and you turn on your box at your desk. You repeat the same pattern, watching TV on a box and following the instructions on the box…ultimately ending up in a box on your funeral day. Now lets be frank, Our thoughts and actions have been shaped into this box. Today, lets break free from box thinking. Lets use our creativity to be limitless in health, wealth, career…
The dogma of going to a good school, getting good grades, marrying a good person and working your buns off and one day you will be happy, rich and fulfilled has left us all red faced. We trade 40 years of full time employment for a few years of living in retirement. We are self imprisoned to serve the dreams of others while sacrificing ours until old age. Now lets face the brutal truth…
Get out of the box. Stop running the treadmill of the hamster. Start taking responsibility and accountability for your life. A golden handshake which has become rusty over time is of no value when you trade 5 days of imprisonment for 2 days of freedom. Emancipate yourself. This is the new revolution. This is the time to break free from the rat race. There are no winners in the rat race…there are just rats.
I’m a big advocate of self employment, entrepreneurship, business ownership etc. You should rather ‘own” the rat race, than run in it. By owning the rat race, you create opportunities for others to fulfill their needs. Note I’m not advocating their dreams will be fulfilled, unless it is your dream to flip burgers until death, or mop floors until age 65, or that you want to be a taxi driver as its the most fulfilling occupation under the sun.
Don’t be fooled by so many “Get Rich Quick” scams which sing out loudly “Earn R20K in 2 weeks”, “Work from Home and get Rich”, “Business Opportunity”, “Get rich while staying at home”, they often translate into “Work for me at no pay, just commission”, “Free time”? Its a fallacy. It takes all your free time earn those commissions.
Lets examine how you can kick the box:
If you are truly tired of the rat race and want a viable alternative, that’s going to take time and effort, and you are sincere about building a meaningful lifestyle geared towards your possibility, your dreams and your achievement then you cant miss this opportunity.
Start up now and grow your business from idea to fledgling to a thriving business through the upcoming Vinesh Maharaj Personal Mastery Workshop. This Program is targeted at serious, sincere entrepreneurs who are committed to kicking the rat race in favour of running their own race.
For more on increasing your organizations’s productivity in Sales, across industries contact me today for a Complimentary 30 minute Business Development Consultation.
Keep smiling, keep shining…
My name is Vinesh Maharaj and I’m your coach and partner in success…
Mobile: + 27 84 990 1539
Email: vinesh@vineshmaharaj.com