Recession – The one word that puts fear into the minds of most business-people. It is being speculated that a global recession is just around the corner, based on the change in spending habits of consumers in the recent past and sales getting lower in many industries. So assuming, it does happen, what should business be doing in a recession …
Here is the one of the greatest reasons why the majority of people NEVER succeed or their success plateaus. The moment someone around them becomes more successful than they are, they instantly become jealous of that person. They start attributing their success to them being at the right place at the right time, being lucky or being plain dishonest. The …
Guess, what is the number one mistake people make in marketing? The number one mistake they make is that they sell to the wrong market! Think about it, if you are selling to the right market, even if you have mediocre marketing, you will still get some sales. However, if you are selling to the wrong people, it doesn’t matter …
Einstein said, the eighth wonder in the world is Compound Interest. He stated “He who understands it, earns it; he who doesn’t, pays it.” While compound interest is a phenomenon in the financial world, a similar phenomenon exists in the real world, called the compound effect! It is a huge force and can drastically change your life for the better …
Are “bad” habits, always bad? In some cases they are not. Here are 4 so called bad habits than actually help you in business. Keep in mind that you cannot take any of these habits to extreme because if you do so they will destroy you. However, having a little bit of these habits and most importantly channeling them properly …
Think you are free because you are a super achiever? You are probably not free even if you are very successful in your career if you don’t have these 4 types of freedom, without which being happy remains extremely hard. Financial Freedom: Financial freedom means you are no longer in a position where you need to work for money, whatever …
People often work hard all their lives and feel that they will enjoy life when they finally retire at 60 or more. There are three basic problems with that goal How do you know you are going to even be around that long? Life is unpredictable and is there really a guarantee that one will always live long enough to …
People often feel that the only thing their employees need to do in order to produce results for the company is to be motivated! This is why they either give pep talks to employees themselves or give them some incentives or bring someone in to give a general motivational talk. The problem is motivation is useless without the right orientation and …
Here is a very quick target setting system, that if implemented correctly, is going to ensure that your salespeople are almost always on track to hit their targets. The method is simple. Here is what needs to be determined. What is target the salesperson want to hit this year? What is the average deal size? – They can use their …
People often pride themselves on being brilliant negotiators by “beating the other party” and getting the best deal. However, over-negotiating can be a terrible thing, especially for the buyer. Suppose you negotiate hard to bring the price down greatly of a product or service you want. You hammer them extremely hard and ultimately successfully manage to bring them down to …