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How Small Business Leaders Can Build Resilience

How Small Business Leaders Can Build Resilience | Entrepreneurship | Scoop.it

Via Daniel Watson
Tiffany Crosby's insight:

How resilient are you? Being a small business owner is hard but rewarding work. With the right attitude and proper support structure, you can make a go at it. 

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santina kerslake's curator insight, October 23, 2013 9:38 AM

The 4 tips are sound advice.

Lorinda Forrest's curator insight, October 24, 2013 8:36 AM

Tough times teach resiliance and sometimes asking for help enables you to see your situation more objectively.

Ciara Turner's curator insight, October 24, 2013 12:29 PM

 

Small business owners will always feel like they have a lot to prove as well a lot to lose. Especially, for the majority of the business owners that life has been devoted to keeping their business afloat. They have invested too much of their time money and effort into their business. According to the article it stress that a business owner MUST have resilience as a leader. They must be able to take on any obstacle that comes their way.

 

With the understanding that they still-fragile economic recovery, the difficulties small businesses face securing funding, and the importance of finding and retaining the right employees, places enormous stress on leaders today. Which is understandable however the business world does not wait on anyone? The competitors feast off of those that show weakness. By developing a true resilient mindset, small business owners can continue growing their business regardless of the obstacles around them.

 

In the article it gave a couple of tips on how to improve business owner’s resilience mindsets. It was four steps; don’t go it alone, accept people help, keep your eye on the goal, maintain a positive outlook.

 

Reach out to other trusted business owner or consultants for ideas and support. Small Business owners need to realize they are not in it alone. Once you have reached out the next step will accept the help that is being offered. It is not a sign of weakness. Business owners should keep their eye and mind on why they started this company to reinsurance themselves when time gets hard. Which can help them keep a positive outlook on any situation that comes up to sufface.  

 

With that being said I think that smaller business should engaged more into the Chapter 9 topic business to business relations. Which chapter touches on a couple key points for this particular article the fact of building and maintaining a relationship with other local businesses. On page 194 in the chapter someone suggested and I quote , " one-one-one discussions, partner advisory councils, surveys, and collaboration. the idea is to understand their issues and help partners grow."   Having an understanding that it is a competition however what a competition is if you have no one to compete with.

 

From a PR stand point I think that having that open minded mind set and such with only help you and your community thrive for better prosperity.

 

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Rescooped by Tiffany Crosby from Strategy and Competitive Intelligence by Bonnie Hohhof
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Paving the Path for Innovation Purpose and Closing the Alignment Gap

Paving the Path for Innovation Purpose and Closing the Alignment Gap | Entrepreneurship | Scoop.it

 

Defining the organizational purpose and promoting organizational alignment are two key factors for creating a culture that supports innovation. In this series of articles focused on Innovation Culture, we are going to share insights and cases of organizations that implemented innovation programs (and less structured initiatives) with the involvement of a wide range of managers and employees.


Via Bonnie Hohhof
Tiffany Crosby's insight:

I like this article because of its brass tactics and recognition of the role of culture. We don't talk about culture nearly enough. There is a more strategic discussion that has to occur as an overlay to this but for those who how want to raise awareness as to why someone should even engage in the conversation, this is a good start.

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5 Stern Truths You Need to Know Before Becoming an Entrepreneur - Entrepreneur

5 Stern Truths You Need to Know Before Becoming an Entrepreneur - Entrepreneur | Entrepreneurship | Scoop.it
5 Stern Truths You Need to Know Before Becoming an Entrepreneur
Entrepreneur
Expressing your desire for entrepreneurship 15 years ago would have created laughter and an assumption that you're crazy. The tables have turned.
Tiffany Crosby's insight:

Entrepreneurship definitely is not easy but it is worth it.

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How to Make Giving a Part of Your Company Culture

How to Make Giving a Part of Your Company Culture | Entrepreneurship | Scoop.it
Being generous with your profits is just as important as being thankful if you want to run your company correctly. (Being generous is just as important as being grateful when building a company.
Tiffany Crosby's insight:

When passion is ignited; the impossible becomes possible. Ignite your passion by giving to causes that stir your heart. 

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4 Ways a Small Business Can Scale to Profitability - Entrepreneur

4 Ways a Small Business Can Scale to Profitability - Entrepreneur | Entrepreneurship | Scoop.it
Entrepreneur
4 Ways a Small Business Can Scale to Profitability
Entrepreneur
“If the owners really knew what they were doing wrong, they might have been able to fix the problem,” entrepreneur and business speaker Jay Goltz told The New York Times.
Tiffany Crosby's insight:

I would rearrange the order of these putting cash flow strategy as number one. But otherwise, I agree with these points. In this rapidly changing business environment, proving your expertise is an ongoing challenge. If you're not committed to continual learning, you'll quickly become obsolete. 

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Rescooped by Tiffany Crosby from social media by harish magan
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DO YOU HAVE WHAT IT TAKES TO BE AN ENTREPRENEUR?

DO YOU HAVE WHAT IT TAKES TO BE AN ENTREPRENEUR? | Entrepreneurship | Scoop.it
Over the past few years I have watched so many people in my entrepreneurial network walk away from their business and return to full time employment. Why? No doubt the economy is tough and in tough...

Via harish magan
Tiffany Crosby's insight:

I hope this post will minister to you the same way it has to me. Being an entrepreneur is tough. There are many times that you may want to throw in the towel but remember why you're doing what you are doing.

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David Bembry's curator insight, February 26, 11:15 AM

I simply like to say that "I'm too stupid to quit!" I've operated with no cheering section or other support for over 15 years while I raise kids alone. I do what I do because I'm compelled to do it and don't see anything as a failure. Afterall, nothing is promised in life. Not even life itself. It's all about the adventure and just going for it. That alone keeps me content. Your best is all you've got in this life. Sometimes it'll be enough, other times it won't. It's just life. No worries!

Tagmotion's curator insight, February 26, 8:52 PM

Terrific article that mentions the importance of being 'in flow' with whatever you're doing in your entrepreneurial venture. And provides a link to a test you can do to find out what that is.

Ernest Collett's curator insight, February 28, 3:57 AM

You have to be very tough and resilient when there is no salary cheque at the end of the month!

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Seven Small Business Owner Productivity Tips

Seven Small Business Owner Productivity Tips | Entrepreneurship | Scoop.it

Via Daniel Watson
Tiffany Crosby's insight:

Manage your time and energy instead of letting it manage you. You can say no. You can put up limits. In fact, you're the only one that can do so for your life. 

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Tooliers's curator insight, February 20, 9:50 AM

thanks @sage.co.uk

Carmen Saunders's curator insight, February 20, 8:16 PM
Manage distractions, not time
Lisa Armstrong's curator insight, February 21, 3:03 AM

Hi folks, as outlined in Part A of this Moodle, an important part of our management effectiveness involves the way we plan our work priorities.

 

Take a look at this article on productivity for ideas on enhancing your management effectiveness.

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How Small Business Leaders Can Build Resilience

How Small Business Leaders Can Build Resilience | Entrepreneurship | Scoop.it

Via Daniel Watson
Tiffany Crosby's insight:

How resilient are you? Being a small business owner is hard but rewarding work. With the right attitude and proper support structure, you can make a go at it. 

more...
santina kerslake's curator insight, October 23, 2013 9:38 AM

The 4 tips are sound advice.

Lorinda Forrest's curator insight, October 24, 2013 8:36 AM

Tough times teach resiliance and sometimes asking for help enables you to see your situation more objectively.

Ciara Turner's curator insight, October 24, 2013 12:29 PM

 

Small business owners will always feel like they have a lot to prove as well a lot to lose. Especially, for the majority of the business owners that life has been devoted to keeping their business afloat. They have invested too much of their time money and effort into their business. According to the article it stress that a business owner MUST have resilience as a leader. They must be able to take on any obstacle that comes their way.

 

With the understanding that they still-fragile economic recovery, the difficulties small businesses face securing funding, and the importance of finding and retaining the right employees, places enormous stress on leaders today. Which is understandable however the business world does not wait on anyone? The competitors feast off of those that show weakness. By developing a true resilient mindset, small business owners can continue growing their business regardless of the obstacles around them.

 

In the article it gave a couple of tips on how to improve business owner’s resilience mindsets. It was four steps; don’t go it alone, accept people help, keep your eye on the goal, maintain a positive outlook.

 

Reach out to other trusted business owner or consultants for ideas and support. Small Business owners need to realize they are not in it alone. Once you have reached out the next step will accept the help that is being offered. It is not a sign of weakness. Business owners should keep their eye and mind on why they started this company to reinsurance themselves when time gets hard. Which can help them keep a positive outlook on any situation that comes up to sufface.  

 

With that being said I think that smaller business should engaged more into the Chapter 9 topic business to business relations. Which chapter touches on a couple key points for this particular article the fact of building and maintaining a relationship with other local businesses. On page 194 in the chapter someone suggested and I quote , " one-one-one discussions, partner advisory councils, surveys, and collaboration. the idea is to understand their issues and help partners grow."   Having an understanding that it is a competition however what a competition is if you have no one to compete with.

 

From a PR stand point I think that having that open minded mind set and such with only help you and your community thrive for better prosperity.

 

Rescooped by Tiffany Crosby from Business Improvement
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10 Ways to Shift Gears for Employee Engagement and Change Management

10 Ways to Shift Gears for Employee Engagement and Change Management | Entrepreneurship | Scoop.it

Via Daniel Watson
Tiffany Crosby's insight:

There's nothing new or revolutionary here but it's a great reminder of the basic blocking and tackling of managing change that is a continued struggle for many. We like the razzle dazzle and trick plays but sustainable change requires simplicity, consistency, and persistence. 

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John Bean's curator insight, October 10, 2013 12:53 PM

Insightful article re: change, employee engagement, and the changes leaders may need to encourage to see change embraced

Harry Cannon's curator insight, October 11, 2013 6:36 AM

Engagement is core to change and transition - some useful tips here.

greytip's curator insight, October 24, 2013 3:16 AM

With changing times, it is important to adapt new technologies that aligned towards employee engagement. Having an employee portal is one of them. The employee can easily access his data as payslips, leave or claim entitlements, apply for them etc.  http://www.greytip.in/cloud/employee-self-service-portal

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10 Arguments for Entrepreneurs Joining Startup Accelerators - Innovation Excellence (blog)

10 Arguments for Entrepreneurs Joining Startup Accelerators - Innovation Excellence (blog) | Entrepreneurship | Scoop.it
10 Arguments for Entrepreneurs Joining Startup Accelerators Innovation Excellence (blog) 10 Arguments for Entrepreneurs Joining Startup Accelerators You may think that entrepreneurs participate in startup accelerators to receive seed money, or to...
Tiffany Crosby's insight:

I hadn't thought of accelerators in quite this light (generally, you think of only the first reason noted). Certainly this argues in favor of accelerators like the Women's Small Business Accelerator right here in Westerville, Ohio.

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6 Things To Do Before Launching Any Marketing Campaign.

6 Things To Do Before Launching Any Marketing Campaign. | Entrepreneurship | Scoop.it
Have you ever spent days, maybe even months working on your super awesome product, service, training series, etc? You are beyond excited to finally have it all done and ready to launch your baby you have worked so hard on.

Via The Fish Firm
Tiffany Crosby's insight:

I'm glad to see that taking time to think made the list. In this age when unscheduled time is going by the wayside, it's a great reminder of its importance.

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Lori Wilk's curator insight, January 10, 10:01 AM

Making sure you've got the basics covered before you launch your marketing campaign. 

Steve Cassady's curator insight, January 11, 7:24 PM

Key things to check before you Market.

Hannah Kramer's curator insight, January 11, 8:27 PM

Planning is an important part of your business, and planning your marketing is essential. There are so many ways in which you can market today that it is easy to see just one or two and miss the rest.


Attraction Marketing has a comprehensive business plan that you can use in your business, and tick all the boxes while you plan. This way you can be sure to reach the full marketplace and every single customer looking for you will find you.

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The Difference Between a Strategy, a Plan, and a Process

The Difference Between a Strategy, a Plan, and a Process | Entrepreneurship | Scoop.it
I received a great question at an IP strategy training course I taught.  The question was about the difference between a strategy, a plan, and a process.  It came about because while we expect on paper most people could match...
Tiffany Crosby's insight:

One of the clearest explanations I've seen of the difference between these two items. Definitely worth reading if your a business owner or departmental leader. Far too often, a plan is developed without understanding the strategy or a strategy is developed without considering the implications on the plan. They are interrelated yet often assigned to different groups to formulate.

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The Misconceptions of Entrepreneurship

The Misconceptions of Entrepreneurship | Entrepreneurship | Scoop.it
In the past few decades entrepreneurship has been transformed from a dirty word into one of the most aspirational careers people strive for. So what does being an entrepreneur really mean?We’ve
Tiffany Crosby's insight:

This definition of entrepreneurship hits the mark. It is risky but it's worth it.

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10 Quick Tips to Improve Your Small Business..... | Restaurant Finance Company

10 Quick Tips to Improve Your Small Business..... | Restaurant Finance Company | Entrepreneurship | Scoop.it
Whether you're a one-person operation or 100 employee company, the name of the game is improvement. No business is static.
Tiffany Crosby's insight:

These basic reminders are worthy of repeating as its easy to lose sight of them as you respond to the every day demands of running your business. Especially check out the links on low budget high impact marketing and entrepreneurship personality types. 

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Why Your Company Resists Innovation, and What to Do About It - Huffington Post

Why Your Company Resists Innovation, and What to Do About It - Huffington Post | Entrepreneurship | Scoop.it
The average organization resists innovation like a body's immune system resists disease. A company is made up of individuals, and each one has a chance to quash challenging new ideas. That's the safe move....
Tiffany Crosby's insight:

I've sounded this drum before and will continue to beat it until - well until it becomes second nature to us -- innovation requires us to accept failure. Failure will happen. It always does when you try something new. It's how we learn.

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Innovation is not enough: how consumers find out about your business matters - Inman.com

Innovation is not enough: how consumers find out about your business matters - Inman.com | Entrepreneurship | Scoop.it
Innovation is not enough: how consumers find out about your business matters
Inman.com
SAN FRANCISCO — Here's an unsettling truth: Most innovation fails. Having a good idea is no guarantee of success.
Tiffany Crosby's insight:

As challenging as this is for products; its probably more challenging for services. The business services market presents some unique challenges that aren't focused on nearly enough. I hope to change that.

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7 Tips to Help You Remember Names Better - Entrepreneur

7 Tips to Help You Remember Names Better - Entrepreneur | Entrepreneurship | Scoop.it
Entrepreneur
7 Tips to Help You Remember Names Better
Entrepreneur
I shake hands with someone I've just met, the person says his or her name, and within 10 seconds I've forgotten the name.
Tiffany Crosby's insight:

Name recall is definitely a challenge for me. I've used several of the techniques within this article successfully. With practice, I've gotten better and so can you.

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4 Behaviors You Never Want to See in a Leader - Entrepreneur

4 Behaviors You Never Want to See in a Leader - Entrepreneur | Entrepreneurship | Scoop.it
Entrepreneur
4 Behaviors You Never Want to See in a Leader
Entrepreneur
Starting out as an entrepreneur, you have to wear all the hats, but as your company grows, so should you.
Tiffany Crosby's insight:

What behaviors would you include in your top 4? I would have compromising integrity as my # 1. I don't think you can assume that this is a given in our society. I would keep emotional volatility as # 2. I would modify # 3 from "playing nice" to allowing role confusion. 

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How to Successfully Market Your Small Business

How to Successfully Market Your Small Business | Entrepreneurship | Scoop.it

Via Daniel Watson
Tiffany Crosby's insight:

Marketing for small businesses is critical but finding the time can be a challenge. Fortunately, there are lots of social media tools available to help with the administration and they are affordable even on a tight budget. 

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Carlos Polaino Jiménez's curator insight, February 12, 4:45 AM

Importante para los CM en general. Y en España en particular. Es el nicho fundamental

Carmen Saunders's curator insight, February 12, 9:38 AM

Shake Your Tail Feather

Tooliers's curator insight, February 13, 9:06 AM

The talk of the new millennium in an article on marketing your small business, thanks to @realbusiness.co.uk

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10 Rules To Build A Wildly Successful Business

10 Rules To Build A Wildly Successful Business | Entrepreneurship | Scoop.it

Via Daniel Watson
Tiffany Crosby's insight:

I agree with everyone one of these 10 rules and that generally doesn't happen when I see a list. If you're a new or aspiring enterpreneur, you can't afford to ignore these rules. They will serve you well.

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Tooliers's curator insight, January 23, 11:10 AM

Well, it sounds wild to start a business.  Imagine how wild it is to build a truly successful one!

 

Tooliers will surely use each one of these 10 rules!

Special thanks @forbes.com

Patrick Soto's curator insight, March 6, 9:00 AM

This article gives you 10 steps on how to have a successful business.

POS Maven's curator insight, June 19, 11:25 AM

Build a "Wildly" Successful Business!

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Three Fundamental Laws Of Success in Financial Management

Three Fundamental Laws Of Success in Financial Management | Entrepreneurship | Scoop.it

Via Daniel Watson
Tiffany Crosby's insight:

These very basics are a start but I wouldn't say that you could end there. Part of being able to do this well is to understand your profit drivers. To do this you need to understand your costs, your sources of revenue, and your competitive position. With this understanding, you are in a better position to spend wisely and invest differentially. 

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Lorinda Forrest's curator insight, October 17, 2013 2:14 PM

The numbers tell the story...

harish magan's curator insight, October 25, 2013 11:02 PM

A key tenent to becoming a successful business owner, is to avoid making serious errors in financial management, and the best way to do so is to develop an understanding of the fundamental laws of financial management.

 

Far too many businesses fail to survive due to their disregard for these fundamental laws, and every business owner should make it their business, to develop a clear understanding of the laws of success in financial management.

 

This good article, suggests that there are only three things you need to do to be financially astute in business, and it provides a simple explanation of each law and how it should be applied.

Dennis Staples's curator insight, November 6, 2013 3:05 PM

Three rules to lay the groundwork for a suvccessful business!

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The Six Disciplines Entrepreneurs Need To Succeed

The Six Disciplines Entrepreneurs Need To Succeed | Entrepreneurship | Scoop.it
(By Robert Sofia) "Another important discipline involves proper planning. Creating a business plan in the beginning will raise your likelihood of future success because it…
Tiffany Crosby's insight:

These are relatively straight-forward, yet I'm continue to interact with people who have not acted upon some of these; especially the market analysis and the business plan.

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The 5 Worst Pieces of Advice for Small Business Owners

The 5 Worst Pieces of Advice for Small Business Owners | Entrepreneurship | Scoop.it
When you’re starting a business, there’s no shortage of people eager to hand out advice. It seems that everyone, even someone you've just met, has an opinion on how you should b...
Tiffany Crosby's insight:

Entrepreneurship is like becoming a new parent, everyone has advice but it's up to you to figure out what works in your situation. 

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Why You Need A Vacation: 3 Reasons To Leave Your Business Behind

Why You Need A Vacation: 3 Reasons To Leave Your Business Behind | Entrepreneurship | Scoop.it
Fresh off two weeks vacation and I’m a new man. Fired up entrepreneur ready to set the world ablaze. But 3 weeks ago? I was toast. Burned out and fried. Nose pressed so hard against the tree I was blind to the forest.
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Top 5 Tips for Becoming a Successful Entrepreneur

Top 5 Tips for Becoming a Successful Entrepreneur | Entrepreneurship | Scoop.it
The following are some tips for becoming a successful entrepreneur based on my experience of building a company from the ground up, leading New York City as mayor, and founding a philanthropic
Tiffany Crosby's insight:

Every entrepreneur, regardless of where you're at on your journey, should find this inspiring. I love the coffee idea. Courage, resiliency, and persistence are must-haves for entrepreneurs. 

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Tips for Building a Powerful Brand Identity for your Small Business

Tips for Building a Powerful Brand Identity for your Small Business | Entrepreneurship | Scoop.it
As a lifelong entrepreneur and business owner myself, I can confidently say that starting a business can be one of the most exciting and empowering moves you’ll ever make and absolutely doable, even in today’s highly competitive marketplace.
Tiffany Crosby's insight:

Be consistent and congruent. Sounds easy but its harder than it sounds because before you can do this, you need to "know" the value your bring, the message you want to send, and the manner in which you want to send it. In others words, you need have a strategy.

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