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Showing posts from December, 2018

Difference Between A Business Coach And A Business Consultant

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Every entrepreneur seeks the help of a  business coach   and a business consultant often expecting different duties from each other. This is bizarre. As an entrepreneur one needs to know what you need to expect out of the one you employ. So if you’ve not quite known the difference, here are the answers to your questions. What does a business coach do? ·           A business coach is the one who will help you bring out the best within you. Business coaches help you get better at a skill you already know. ·           While you sit down and create a ‘Plan of action’ a business coach will help you while you implement it. ·           Coaches also address mindset issues such as: limiting beliefs, fear and self-doubts (which are extremely important to address). ·           Busine...

PERSONALITY TRAITS REQUIRED TO BE A BUSINESS COACH

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Every profession comes with a list of skills you need to cater to and so does being a business coach. Can anyone be a business coach? The answer is a yes and a no. Yes if you have already have the required traits imbibed in your genetics; also if you are willing to build those if they do not occur naturally. It is a no if you do not have these traits and certainly do not put in effort to get them right. What does it take to be a  business coach ? Here it goes Humble:  A good coach never follows the ‘know-it-all’ attitude. Knowledge lies in knowing that you do not know enough and are here to learn. A good coach has no shame in learning from the client and improving along the way. Do not force your advice. Instead, learn, understand and act. Supportive:  Be it little problems or huge ones a good business coach   will always support a client. The coach won’t consider the client’s problem insignificant and will stand by through thick ...

Ideal Practices for Entrepreneurs in 2019

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Entrepreneurs ,  so what if 2018 has not worked in your favour? The end is almost here and it’s time you brace yourself for new beginnings. Whatever this year had in store for you, it is only good to work and hope for better. Now in order to keep your spirits high in 2019 you need to imbibe some positive practices, and for sure the year ahead will surprise you along the way. So what are those practices? Here is a brief list, check it out! Believe in your idea:  Every entrepreneur out there- before you begin your business (or if you already have begun one) know that it is very important for you to believe in your idea. If you yourself do not believe that your product does make a difference, no one else will! Take your time and work on aspects that you are yet not confident about. Consult people around you and build the ideal product. Do whatever it takes but make sure you believe in your idea. Vision:  I have already explained this previously in one o...

Internal Factors That Affect a Business

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The factors that are within the control of an organization affect it in many ways. These factors can be so extreme that they even define the success or failure of your organization. So to know what you can control and what affects your working, go on have a read! Workforce: Entrepreneurs  must know this- Hiring the ideal team is essential. The workforce of your organization is the foundation. They need to be firm, motivated, energetic and willing to embrace challenges. Any of the opposite won’t work. Politics:  Office politics is a known phenomenon. This can get really dirty and come in the way of the productivity your team brings. Having a positive working environment and being united is essential to bring out the best. Budget:  No company can survive without money. Getting enough funds is necessary to provide for whatever is needed. Capital resources are the need. Operational Efficiency:  The efficiency of your organization defines its s...