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Showing posts from April, 2023

Developing a growth mindset in business

Do you have a growth Business Mindset? Are you bullish about your growth? Are you innovating, taking calculated risks to scale? Is your business agile to pivot to manage change? If the answer to any or all of the above is 'no' or a 'maybe', it's a wake-up call.    A growth business mindset is essential in today's competitive market to stay relevant and increase market share. This mindset keeps the focus on growth and increases customer value. It also attracts investors and talent. It's a mindset that pushes entrepreneurs to continuously challenge themselves and scout for opportunities, resulting in increased profitability and success.   Challenged with finding your chi, engage a Business coach, your best worst friend who will help you develop a growth business mindset and make you accountable.   Do not be the person to hold back your growth. Take action. Connect with the team Ethique Advisory, and we would be happy to work with you towa...

Stress Management Techniques for Business Owners to Avoid Burnout

Do you often find yourself tired? Is your productivity decreasing? Do you feel the world is plotting against you? Is the new you an irritable, short-tempered version of you? Are you devoid of enthusiasm? If any or all of the above is a yes, you are letting the stress get the better of you and heading for burnout. Time to take stock and bail out!! Bailing out of the situation requires an objective review, discipline, and deploying the right tools to avert stress. Let's look at 5 steps you could consider:   Set realistic goals and priorities. Practice self-care - both mental and physical Delegate and ask for help: Automate- employ technology. Seek support - get a Business Coach/ Mentor. Simply put, it's about creating order out of Chaos. It is your business; no one knows it better than you, but who says you need to do it alone? Getting an expert Business coach to help you create the order speeds up the process and gives you access t...

Top Time Management Techniques for Entrepreneurial Success

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No time? Too much work? Juggling multiple responsibilities? If the above describes your day, then Entrepreneur, you need help. You are working more on your business, stretching to keep it running rather than working on the business to focus on your goals. First things First.  As a young entrepreneur wearing multiple hats is a reality, so how do we manage that? Let's start with the basics and see if you have aced your time management skills .  Some tips if you are not there and a checklist for those who believe they aced the skill.   Prioritise your tasks -Prioritise your tasks using the Eisenhower matrix of - urgent, not urgent & important, and not important. Tasks urgent and important - Action, tasks Important & not urgent - Delegate, tasks not important but urgent - Put it low on priority & tasks neither important nor urgent remove from the list. Use a calendar - Keep track of deadlines and appointments u...

The Importance of Team Building in Leadership: Here’s Why

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In the modern workplace, with hybrid teams, remote teamwork and collaboration have become important. Many executives and leaders fail to recognize it, resulting in communication breakdowns, distrust, and poor productivity. Hiring an executive coach   is a good option. It can help leaders align themselves and develop the skills necessary to lead and manage a team. This will ensure that the team works towards the same corporate goals. Does the leader’s success at leading a team define their success? Yes, because effective teamwork is crucial for the success of any organization. A leader with strong team-building skills is invaluable. They can use the unique skills and talents of each team member to reach shared goals. This will increase productivity and foster innovation. Team building promotes a positive work culture. It makes employees feel valued and supported, which motivates them to work together towards a shared purpose. A leader can help foster a positive working environment. ...

What Is The Importance Of Having A Business Consultant?

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In today's competitive business environment, it is essential to have a strategic plan for growth and success. However, many businesses need help to identify and execute effective growth strategies on their own. This is where a growth consultant can make a significant difference. A growth consultant is an expert in identifying growth opportunities, developing strategies to achieve them, and executing those strategies for maximum impact. They can provide valuable insights and expertise to help businesses overcome obstacles and achieve growth goals.   This article will highlight the importance of hiring a growth consultant for your business. We will discuss how a growth consultant can help businesses:   Identify growth opportunities:  A growth consultant can help businesses identify new markets, products, and services that have the potential to drive growth. By analyzing market trends, consumer behaviour, and industry data, they can identify opportunities that may ...

Strategic Business Planning: Tips for Creating a Roadmap to Success

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Many organizations fail to successfully implement their strategies, despite investing billions. Why? The answer is simple: lack of successful implementation. Despite being a top priority for executives, surveys report that fewer than 15% of organizations worldwide have successfully implemented their strategic initiatives. This huge gap between expectations and outcomes highlights the importance of creating a strategic business roadmap. So, what exactly is a strategic roadmap, why does your organization need it, and how can you create one? Read on to find out. Why Does a Company Require a Strategic Business Roadmap? When leaders, employees, and stakeholders aren't on the same page about the organization's future, it can lead to disarray. The State of Leadership Development 2020 surveyed 21,008 employees and found that only 29% believed their leaders' vision for the future aligned with the organization's. Leaders also make on-the-fly decisions that may not optimize long-t...