12 Steps to Making Your Own Luck

August 3, 2013 by  
Filed under Business

Make Your Own LuckDo you wish to take smarter risks in your business and learn to make your own luck? If your answer is yes, check out the book Make Your Own Luck: 12 Practical Steps to Taking Smarter Risks in Business by Eileen C. Shapiro and Howard H. Stevenson, which shows you how to build your Predictive Intelligence and up the odds when taking action with incomplete information.

The authors define Predictive Intelligence as the ability to act in the face of uncertainty to bring about desired results. Everyone can improve their Predictive Intelligence by using 12 steps which they call the Gambler’s Dozen:

1. The Big Goals: What future am I trying to create?

Imagine the future you want to create and envision what your life or company will have to look like to achieve these goals.

2. Upside/Downside: Will this game be worth playing, for me?

Assess whether the game you will have to play – in terms of its upsides, downsides, rules, and rulemasters – will be worthwhile for you according to your standards and values. Read more

Learn How To Grow Your Business From Pumpkin Farmers

May 10, 2013 by  
Filed under Business

Entrepreneurs and small businesses are always finding ways to grow their business and find more new clients. They listen to business leaders and gurus, and adopt their marketing, business and management insights and advice.

If I told you that pumpkin farmers hold the secret formula for entrepreneurial and small business success, would you believe me? What can you learn from farmers who dedicate their time and effort to grow the biggest giant-winning pumpkins?

The process of growing giant pumpkins is applicable to grow your business too. Here’s the pumpkin-growing process according to the book The Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field by Mike Michalowicz: Read more

The 21 Irrefutable Laws of Leadership

May 1, 2013 by  
Filed under Business

The 21 Irrefutable Laws of LeadershipJohn C. Maxwell, well-known leadership expert, speaker and author, has written one of the bestselling leadership books of all time. His book, The 21 Irrefutable Laws of Leadership, explains the leadership principles that you should pick up and practise to become a better leader.

The Laws of Leadership include:

1. The Law of the Lid: Leadership ability determines a person’s level of effectiveness

2. The Law of Influence: The true measure of leadership is influence – nothing more, nothing less

3. The Law of Process: Leadership develops daily, not in a day

4. The Law of Navigation: Anyone can steer the ship, but it takes a leader to chart the course

5. The Law of Addition: Leaders add value by serving others Read more

50 Favourite Rules From The Rules of Work by Richard Templar

April 15, 2013 by  
Filed under Business

Rules of WorkRichard Templar’s bestselling book, The Rules of Work, lists the unspoken rules to learn at work. Here’s 50 rules that we like:

1) Walk your talk

  • Get your work noticed
  • Never stand still
  • Under promise and over deliver
  • Learn to ask why
  • Manage your energy

2) Know that you’re being judged at all times

  • Cultivate a smile
  • Exude confidence and energy
  • Pay attention to personal grooming
  • Speak well
  • Write well Read more

7 Steps to Create a Culture That Works

April 9, 2013 by  
Filed under Business

All InManagers in companies would definitely wish to have a strong and positive culture in the organisation where employees buy into their ideas and cause, and are engaged to do their best for the company. However, it’s not easy to build a culture and this would take time and much work.

Fortunately, the new book, All In: How the Best Managers Create a Culture of Belief and Drive Big Results, by Adrian Gostick and Chester Elton, comes in handy to provide practical advice for managers on creating a culture that works. The authors introduce the following 7 steps:

1) Define Your Burning Platform (Supply the Why)

Identify and define the key “burning” issue so that you can motivate your employees to believe in your vision and strategy. Help your employees to understand what’s at stake, and provide clarity on the ways everyone can do their part. Read more

Get Rich Through Business Leadership by Eric Cheng

March 13, 2013 by  
Filed under Business

Eric Cheng is the CEO of ECG Group of Companies and a successful property consultant. He won the Entrepreneur of the Year Award in 2010 and is well-known as a self-made millionaire in Singapore.

In his book, Get Rich Through Business Leadership, Eric shares his business experience and tips for aspiring entrepreneurs and existing business owners to achieve success.

He highlights that it is important for entrepreneurs to start change from the inside out, and pay attention to 5 important internal factors for business success: Read more

Lifestyle Entrepreneur – Make Money Doing What You Love, Even in Tough Times [Book Review]

February 8, 2013 by  
Filed under Business

Lifestyle EntrepreneurJesse Krieger  is a successful entrepreneur who has launched 5 businesses, traveled to and lived in over 25 countries, speaks at conferences, coaches entrepreneurs, and enjoys learning about new languages and cultures.

His new book, Lifestyle Entrepreneur – Make Money Doing What You Love, Even in Tough Times, is a guide for the new generation of entrepreneurs and business owners who believe in turning their passions into work, and having the freedom and mobility to live the lifestyle they desire while running their business.

In the book, Jesse explains that the first step towards becoming a lifestyle entrepreneur is to design your ideal lifestyle and build an identity. This is done through identifying overlapping interests in your Personal, Professional and Academic activities, and deciding on key activities to focus on. It is also important to believe in your passion and purpose, take action and learn along the way. Read more

Interview with Jesse Krieger, Author of Lifestyle Entrepreneur

December 13, 2012 by  
Filed under Business

Lifestyle Entrepreneur by Jesse Krieger

Jesse Krieger, the author of Lifestyle Entrepreneur – Make Money Doing What You Love, Even in Tough Times, is a successful entrepreneur who has launched 5 businesses, traveled to and lived in over 25 countries, speaks at conferences, coaches entrepreneurs, and enjoys learning about new languages and cultures.

His new book is a guide for the new generation of entrepreneurs and business owners who believe in turning their passions into work, and having the freedom and mobility to live the lifestyle they desire while running their business. Read more

What kind of Leader are You?

May 8, 2012 by  
Filed under Business

This article is contributed by Andrew Bryant, founder of Self Leadership International.

US President, John F. Kennedy, once said, “Leadership and Learning are indispensible to each other”, which sets a frame that an effective leader does not know it all but is open to new information and perspective. Consider the possibility that everything we know today about our world emerged because people were curious. They formulated a question or series of questions about something that sparked their interest or deeply concerned them, which lead them to learn something new. It is my experience in developing leaders that the best leaders ask the best questions.

In October of 1982, Tylenol, the leading pain-killer medicine in the United States at the time, faced a tremendous crisis when seven people in Chicago died after taking extra-strength Tylenol capsules. It was reported that an unknown suspect/s put 65 milligrams of deadly cyanide into Tylenol capsules, 10,000 more than what is necessary to kill a human. Tylenol’s manufacturers Johnson & Johnson was faced with the dilemma of the best way to deal with the problem without destroying the reputation of the company and its most profitable product. Even though the Tylenol product itself was not at fault the Johnson & Johnson leadership asked the question, “What is the most ethical action we might take?” They withdrew Tylenol from shelves and made public announcements warning people about consumption of the product. The company then created the industries first tamper proof container and restored the public’s confidence. Read more

Building and Protecting Reputation

April 24, 2012 by  
Filed under Business

This article is contributed by Andrew Bryant, founder of Self Leadership International.

Whether you are running a small business or leading a multi-national company, building and protecting your reputation is essential. Consider some reputation disasters; Toyota denying their ‘sticky’ break pedals, Pizza Hut employees posting a Youtube video of of unsanitary food practices or United Airlines breaking guitars on the tarmac.

With blogs, YouTube and Facebook pages it is now possible for people to let the world know what they think about you.

Corporate reputation is based on the perceptions of any stakeholder group such as consumers, investors, employees, or key influencers. Charles J. Fombrun has listed six drivers of corporate reputation:

1. Emotional Appeal
– Good feeling about the company
– Admire and respect the company
– Trust the company Read more

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