Tip of the day
"Keep your passion fresh by exploring new trends, learning from others, and staying curious. Engage with new challenges that stimulate your enthusiasm."
27 Nov 2023
"Studying your competitors helps you define your competitive edge while finding your weaknesses relative to your rivals. Look at their tagline, unique value proposition and products or services. "
26 Nov 2023
"Make it easy for your customers to get in touch with a real human on social media, messaging apps, email or even by phone. "
25 Nov 2023
"Establish a baseline to measure actual expenses against planned expenses. By looking at budget variances, you can see where your estimates are accurate and where they’re off. "
24 Nov 2023
"Use accounting software to automate your day-to-day bookkeeping so you don’t waste time on data entry. "
23 Nov 2023
"Plan your social media campaigns in advance using social media scheduling software. Use email marketing automation to follow up with new leads."
22 Nov 2023
"Record every transaction (customer billings and vendor payments) into the proper account at least once weekly and keep an eye on the bottom line. "
21 Nov 2023
"Every business has or should have a mission or vision statement, something that describes the organization's broader goals, culture and underlying core values."
20 Nov 2023
"Start every day with a great morning routine, which will help your mind and body to be alert, focused and prepared to create new habits."
19 Nov 2023
"Engage your friends and colleagues to help motivate you both toward individual and shared goals. "
18 Nov 2023
"Plan ahead and set reminders."
17 Nov 2023
"It’s a good idea to start promoting your product well before its launch to generate excitement for the release. This will generate some buzz and excitement to drive up sales when you launch."
16 Nov 2023
"Start by looking at your biggest expenses and contracts. Go through them one by one, looking for opportunities to negotiate and reduce costs or find more cost-efficient vendors."
15 Nov 2023
"Feel responsible for the circumstance even if you have admitted your error and used the lesson as a learning opportunity."
14 Nov 2023
"If you can use stories in your presentation, your audience is more likely to engage and to remember your points afterwards. Think about what story you are trying to tell your audience, and create your presentation to tell it."
13 Nov 2023
"Content marketing works best when you have a well-defined strategy and plan. If you post relevant and engaging content, it will drive traffic to your website and boost sales."
12 Nov 2023
"Keep some time aside for yourself amidst all the hectic work. It could be something as simple as reading a book or taking a walk in the park. Do anything that makes you feel relaxed and distracts you from your worries for some time. Have that “ME time” once in a week at least to listen to yourself."
11 Nov 2023
"Writing down the things to do in a day and rearranging them according to priority will help you take control of your day."
10 Nov 2023
"Avoid vague agenda items – make the purpose of the discussion clear immediately. Adding supporting questions or tasks is a great way to do it. For example, if you want to share with your team a proposal for the next quarter's sales goals, specify what you want to find out."
09 Nov 2023
"Once you’ve identified what is working, start to trim the fat. Identify all expenditures in the business which are not generating results and reallocate these resources to what’s working, or to a different project."
08 Nov 2023
"Analyse historical data and expected market trends, project your future income, expenses, and cash flows. This can help you anticipate future financial needs and challenges and plan accordingly."