Great Minds

Be your own competition #GreatMinds

/ Great Minds, Motivation

As an entrepreneur, you must do a comprehensive analysis of the activities of your competition. This should be an ongoing business objective for your enterprise. You can develop a better connection with your customers and enjoy their loyalty only if you understand where your products rank in the marketplace. This will also help you build a competitive advantage and consequently improve your sales revenue.

Here’s what Bill Gates, an American business magnate, software developer, has to say:

WHAT DO YOU THINK?

Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

Be your own competition #GreatMinds Read More »

Working in teams #GreatMinds

/ Great Minds, Motivation

Teamwork is the foundation of all successful management. Getting people to work together effectively is the manager’s main job. Communication is the cornerstone and motivation is the mortar that holds the team in place. The success of a manager or leader depends a lot on his own creative fusion of aggression and affection as also the productivity, sensitivity, motivation, and cooperation of his team members.

Here’s what Henry Ford, American industrialist, business magnate, and founder of the Ford Motor Company, has to say:

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In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

Working in teams #GreatMinds Read More »

Sustainable development #GreatMinds

/ Great Minds, Motivation

Sustainable development is a pattern of resource utilization that meets the needs of the present but at the same time takes care of the needs of posterity (future generations). The three competing requirements of this model are the environment, society, and economy. Sustainable development is at the confluence of these three major elements. Sustainable development can be seen as economic development of the society in equilibrium with the supporting ecosystems.

Here’s what Kofi Annan, a Ghanaian diplomat and the seventh Secretary-General of the United Nations who also was a co-recipients of the 2001 Nobel Peace Prize, has to say:

WHAT DO YOU THINK?

Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

Sustainable development #GreatMinds Read More »

An entrepreneur must understand the importance of planning and control. #GreatMinds

/ Great Minds, Motivation

The growing entrepreneur must understand the importance of planning and control, working through budgets and schedules to avoid cost and time overruns, cost-benefit analysis, capital budgeting, break-even analysis, make-buy decisions, and many more basic concepts in finance and marketing. A proper MIS should be in place to keep track of the entrepreneur’s project.

David A. Kekich is a recognized authority on longevity science. In 1999, he founded “Maximum Life Foundation”, a 501(c)(3) not-for-profit corporation dedicated to reversing human aging and aging related diseases

Here’s what David Kekich, the CEO of Maximum Life Foundation, has to say:

WHAT DO YOU THINK?

Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

An entrepreneur must understand the importance of planning and control. #GreatMinds Read More »

Are you a passionate achiever?#GreatMinds

/ Great Minds, Motivation

There are occasions in life when we tend to accept any assignment or job even if we do not have an inherent liking for it. We reason with ourselves that we must do it because we need to earn a living and make a certain amount of money every day, every week, or every month. However, a situation like this should not force us to always accept what comes our way. We must always strive for the best. By “best” I mean something that you love, a work that you enjoy doing, something that sets positive vibrations in you and above all it excites you.

Here’s what Jeff Raikes, the co-founder of the Raikes Foundation, has to say:

WHAT DO YOU THINK?

Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

Are you a passionate achiever?#GreatMinds Read More »

What’s your business idea? #GreatMinds

/ Great Minds, Motivation

I would strongly recommend entrepreneurship to all young males or females – even to young couples. Identify a good business idea and give your 100% to it – both during the planning and execution phases. You must have a great mentor to guide you through all stages of your business. Slowly grow in modules and build sustainability over the years. 

Here’s what Richard Branson, an English business magnate and investor, has to say:

WHAT DO YOU THINK?

Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

What’s your business idea? #GreatMinds Read More »

Find opportunities where there may be none! #GreatMinds

/ Great Minds, Motivation

What sets an entrepreneur apart is his/her mindset! Think about it, typically, the main functions that an entrepreneur must perform are — to organize, to be able to take risks and to innovate! Those who work with a positive attitude and mindset can overcome many doubts, fears, and apprehensions.

Here’s what Soledad O’Brien, American broadcast journalist and executive producer, has to say:

WHAT DO YOU THINK?

Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

Find opportunities where there may be none! #GreatMinds Read More »

Do what you love! #GreatMinds

/ Great Minds, Motivation

There are occasions in life when we tend to accept any assignment or job even if we do not have an inherent liking for it. We reason with ourselves that we must do it because we need to earn a living and make a certain amount of money every day, every week, or every month. However, a situation like this should not force us to always accept what comes our way. We must always strive for the best. By “best” I mean something that you love, a work that you enjoy doing, something that sets positive vibrations in you and above all it excites you!

My life has taught me this, and I preach it with great gusto:
 
Love what you do till you find out what you love to do. Once you have found out your true love, put all your efforts and energies into it, and life will transform into bliss!

Here’s what Albert Schweitzer, French-German polymath, theologian and physician, has to say:

WHAT DO YOU THINK?

Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

Do what you love! #GreatMinds Read More »

Is your business customer-centre? #GreatMinds

/ Business, Great Minds

We all know the importance of customer in business – the customer is important to all types and all sizes of businesses. The customer is one boss we all must try to please – he pays our salaries, meets our daily needs, puts our children to school, pays our medical bills, and provides several other amenities to us so that we lead a happy and comfortable life. Customer service starts with the ability to listen to the customer and find out through polite questioning what he/she needs or wants. Customer service and contact with a client mean that the customer will be heard, and his/her problems will not go unanswered or ignored. It also means getting to know your client, his/her likes-dislikes, ideas, background, etc.

Here’s what Bill Gates, American business magnate and co-founder of Microsoft, has to say on customer centricity:

WHAT DO YOU THINK?

Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

Is your business customer-centre? #GreatMinds Read More »

How important is financial control to you? #GreatMinds

/ Business, Great Minds, Motivation

Use budgets to do effective planning and control. You can deploy budgetary control with advantage for all aspects of your business – like production, income, capital and operational expenditure, revenue, and others. The process comprises – setting goals or targets, performing, measuring performance, comparing performance with targets, finding out deviations (feedback), and initiating suitable corrective actions.

Here’s what John Maxwell, American author and speaker, has to say:

WHAT DO YOU THINK?

Let me know in the comments section.

In this ongoing series #GreatMinds on my blog, I am shining a spotlight on the important ideas that some very successful people keep talking about in their public life.

How important is financial control to you? #GreatMinds Read More »