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Startup & Life Tips From Warren Buffet

Startup & Life Tips From Warren Buffet | Executive Coaching & Mentoring | Scoop.it

There are reasons other than sheer brillance Warren Buffet has way more money than most. He lives by a strict code and these tips share some of that code. Great #startup and life tips. 

My favorites are learning to spend only AFTER saving (hard lesson that one) and the tip about honesty being expensive so don't expect it from "cheap people". I suspect Warren means "cheap" in much more than the monetary sense.  


Via Martin (Marty) Smith
Jeremy Barton's insight:

Simple and obvious. I guess that is why Warren Buffet has got what he has got.

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Jim Bockrath's curator insight, January 21, 1:51 PM

My Favorite Warren Buffet quote: "Honesty is a very expensive gift.  Do not expect it from cheap people".

Jeremy Barton's curator insight, January 22, 4:16 AM

As the article says 'Excellent tips'

Sieg Holle's curator insight, January 25, 4:01 PM

Works for the free spendng government nanny groups as well- particularly on expectations

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100 Best Business Tips for Entrepreneurs and Small Business Owners

100 Best Business Tips for Entrepreneurs and Small Business Owners | Executive Coaching & Mentoring | Scoop.it

Via The Fish Firm
Jeremy Barton's insight:

A lot of tips to cast your eye over.

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10 Truths of Simply Selling [Slidedeck] | Tactical Sales

10 Truths of Simply Selling [Slidedeck] | Tactical Sales | Executive Coaching & Mentoring | Scoop.it
It’s time we take a step back, away from all of the ideas and best practices of sales and the art that is selling and consider what the simple, indisputable truths are of selling.

Via Martin (Marty) Smith
Jeremy Barton's insight:

Simple and effective

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Martin (Marty) Smith's curator insight, October 15, 9:14 AM

A tad "old school" but helpful selling tips such as:

#1 Initiating Contact


#2 Quick Qualification

#3 Demonstrate Your Offer

etc.


There are 10 similar "sales 101" tips. P&G taught me an excellent format to tell a sales story (back in the day lol):

Summarize The Situation (set up your pitch factually)
State The Idea (clear, short, punchy)
Explain How It Works (use examples and made to stick analogies)
Share Benefits (only two benefits make or save money)

We BUY with EMOTION and that format is organized around logic, but skillful salespeople know how to weave that format into what feels like a spontaneous and relevant story.

One of my favorite quotes is the old Indian saying:

Tell me a fact and I’ll learn. Tell me a truth and I’ll believe. But tell me a story and it will live in my heart forever.

Use the P&G format to organize but then riff a story, follow up with relevant links and social media to "simply sell" today.

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How to Avoid Business Blind Spots

How to Avoid Business Blind Spots | Executive Coaching & Mentoring | Scoop.it

Via Daniel Watson
Jeremy Barton's insight:

The real message here as I see it is: We see what we expect to see

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Ellen Naylor's curator insight, September 26, 12:04 PM

I like how James Kerr suggests ways to shake yourself up a bit and get out of your daily patterns to become more aware of personal blind spots as a way to become more aware of your company's business blind spots. I take breaks to do something totally different like play the piano, paint a wall, do the dishes while staring at our Pike's Peak view. I think that's why we come up with great ideas while taking a shower or a walk. I also like his suggestion of getting people to express their own opinion, not that of the group to prevent blind spots.

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10 Ways to Grow Your Business

10 Ways to Grow Your Business | Executive Coaching & Mentoring | Scoop.it
10 tips to help you grow your small business from entrepreneur.

Via The Fish Firm
Jeremy Barton's insight:

Some challenging ideas

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Top 25 Small Business Tips from America's Top Experts

Top 25 Small Business Tips from America's Top Experts | Executive Coaching & Mentoring | Scoop.it
Discover these insights from some of the brightest minds in business today.

Via The Fish Firm
Jeremy Barton's insight:

Quite a few to read through, you will no doubt find one or two that you can relate to.

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9 Things Successful People Won't Do

9 Things Successful People Won't Do | Executive Coaching & Mentoring | Scoop.it

Via Daniel Watson
Jeremy Barton's insight:

I like this: things successful people don't do ever

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Jim White's curator insight, August 21, 12:35 PM

Add this to your learning curve.

Ulrike Bergmann's curator insight, August 23, 8:40 AM

Der Autor zeigt neun Faktoren, die erfolgreiche Menschen vermeiden, während andere sich immer wieder damit beschäftigen.

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11 Success Tips from Small Business Leaders

11 Success Tips from Small Business Leaders | Executive Coaching & Mentoring | Scoop.it
These success tips from small business leaders were filmed live at ICON14 and cover startup success, marketing and social media.

Via The Fish Firm
Jeremy Barton's insight:

I like the one about us 'Needing a thought partner'

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9 Secrets of Successful Entrepreneurs

9 Secrets of Successful Entrepreneurs | Executive Coaching & Mentoring | Scoop.it
These strategies can mean the difference between success and failure.

Via The Fish Firm
Jeremy Barton's insight:

How many people do you know or have working for you that have a 'side business' 

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6 Traits You'll Find in Every Successful Entrepreneur

6 Traits You'll Find in Every Successful Entrepreneur | Executive Coaching & Mentoring | Scoop.it
Want to be a successful entrepreneur? It takes more than that... The traits that every successful entrepreneur owns - See them here!

Via The Fish Firm
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Peter Sobotta's curator insight, July 8, 8:33 AM

Many young entrepreneurs aren’t reaching their full potential because they’re afraid to explore unknown territory.

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Start Up Tips for the Entrepreneur On-The-Go!

Start Up Tips for the Entrepreneur On-The-Go! | Executive Coaching & Mentoring | Scoop.it

If you’re a startup entrepreneur there’s no doubt that right now is your busiest time – you might even feel pressured to scan through this blog at record speed, so we’ll talk quick!


Via The Fish Firm
Jeremy Barton's insight:

Quick and to the point. Just what we need.

 

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Nine Forever Useful Leadership Traits

Nine Forever Useful Leadership Traits | Executive Coaching & Mentoring | Scoop.it

Via Daniel Watson
Jeremy Barton's insight:

I particularly like the comments on Team Building 

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Daniel Watson's curator insight, June 6, 3:02 AM


Business owners who want to be better leaders to their business and its employees, need to understand the leadership traits of other successful leaders, and to apply these in their own environments where appropriate.


Business owners should be aware of their own leadership strengths and weaknesses, and where weaknesses are known to exist, take action to discover the key traits of successful leaders that could be applied to improve their own leadership.


This excellent article, identifies nine enduring leadership traits, and includes quotes from a business leader in respect of each trait.

donhornsby's curator insight, June 6, 10:16 AM

(From the article): Listening: “The turning point for me was a performance appraisal (in which my boss) told me that none of my colleagues trusted me because they all believed I had my own agenda… (He said) when you don’t invite your peers’ counsel in the plans, you display a lack of respect for them. (But) once I invited dialogue, I would lose my ability to control the situation, and everything would just take more time… (But I) started working on these things. And I was flabbergasted. I was astounded by the impact.”

 

Jennifer Radke's curator insight, June 9, 12:52 PM

I love this entire list, but believe that 7 and 3 need to work hand in hand.  Listen and then communicate. 

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7 Tips to Help You to Say 'No' More Often

7 Tips to Help You to Say 'No' More Often | Executive Coaching & Mentoring | Scoop.it

Via Daniel Watson
Jeremy Barton's insight:

It is not only great to able to say no, it is sometimes the right thing to say.

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Mercedes Jahn's curator insight, May 27, 6:46 PM

Do you need to say No more often??

Marilú Aranda Landa's curator insight, May 28, 9:27 AM

No! No y no :) Buen día y saludos amigos de la Riviera Maya!

Puerto Morelos los espera con los brazos abiertos!

www.puertomorelosspanishcenter.com

 

Siegfried Holle's curator insight, June 13, 10:50 AM

Enhance your ability with simple power of saying No.

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Lean Startups: 10 Ways To Use Social Media To Crowd Sourced Marketing - Jeffbullas's Blog

Lean Startups: 10 Ways To Use Social Media To Crowd Sourced Marketing - Jeffbullas's Blog | Executive Coaching & Mentoring | Scoop.it
Marketers are always trying to finding ways to create viral conversations with social media. Here are 10 tips to tap the power of crowd sourced marketing.

Via Thomas Faltin, Martin (Marty) Smith
Jeremy Barton's insight:

An interesting statistic that 77% of consumers are more likely to buy a new product when they hear about it from friends or family.

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Martin (Marty) Smith's curator insight, April 30, 6:48 PM

It is possible to crowdsource virtually everything you do, think, or are thinking about. It takes TIME and the right tools, but benefits are huge and line up well with Lean Startup ideas.

Marc Kneepkens's curator insight, May 1, 5:25 PM

Referrers are your best sales people. Another great article from Jeff Bullas.

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How to Write a Killer Business Plan

How to Write a Killer Business Plan | Executive Coaching & Mentoring | Scoop.it

Via Daniel Watson
Jeremy Barton's insight:

A refreshing look on a topic that is endlessly discussed.

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lifedesign coach's curator insight, October 28, 12:57 AM

must read this....

Miklos Szilagyi's curator insight, October 28, 4:42 AM

And this good and short reminder how to put together a pretty good business plan? 5 minutes to read it...:-))) it is the business plan factory time, I know, I've done it, I've coordinated it for 20 years...:-)))

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How to Grow a Successful Facebook Business Page

How to Grow a Successful Facebook Business Page | Executive Coaching & Mentoring | Scoop.it

Via Daniel Watson
Jeremy Barton's insight:

This is a cost effective way to promote your business.

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anastasia solovyeva's curator insight, October 2, 2:48 AM

0

Alain Theriault MBA's curator insight, October 2, 11:07 AM

The game is constantly changing but one thing remain, a FB page is one powerful tool for B2C after sales services and experience1

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5 Ways to Grow Your Business

5 Ways to Grow Your Business | Executive Coaching & Mentoring | Scoop.it
Here are a few strategies to jump-start your company's growth, increase revenues, and find new customers.

Via The Fish Firm
Jeremy Barton's insight:

Another view to growing your business

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A Business Owner's Guide to Taking Calculated Risks

out


Via Daniel Watson
Jeremy Barton's insight:

How good are you  at knowing the difference between a good risk and a bad one?

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Alfonso Gomez's curator insight, September 25, 1:28 AM

Business is anywhere, risks are the hyde event to accur, you must be awake

Asian ProSource's curator insight, October 15, 12:37 PM

Risk taking is part of the entrepreneurial process, but that doesn't mean you can't go in with a plan. 

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Warren Buffett's Tips For Startups

Warren Buffett's Tips For Startups | Executive Coaching & Mentoring | Scoop.it

Buffett's Startups Tips
* Multiple Money - Don't depend on one source of income.

* Spending - Don't buy what you don't need or you will be forced to sell what you do.
* Saving - Spend what is left after saving not other way around.

* Risk Taking - Never test river depth with both feet.

 

And more tips from the Oracle of Omaha for startups in this Haiku Deck
http://shar.es/1a0BaI


Via Martin (Marty) Smith
Jeremy Barton's insight:

Always worth looking at

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Martin (Marty) Smith's curator insight, September 16, 11:18 AM

add your insight...

Josep M Agusti Roca's curator insight, September 17, 4:43 AM

Always interesting to know about the successful people's suggestions. 

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Assess and Improve Your Business Leadership Skills

Assess and Improve Your Business Leadership Skills | Executive Coaching & Mentoring | Scoop.it

Via Daniel Watson
Jeremy Barton's insight:

What type of leader are you? Authoritative, Affiliative, Coaching, Coercive or Democratic?

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Ruby Jackson's curator insight, August 16, 4:35 PM

Leadership skills is necessary for any any business owners and personnel in management positions. Great leaders are effective because they continue to grow and develop. The learning never stops no matter what position you are in!

Michael John Freestone's curator insight, August 18, 12:55 AM

We offer some of the best, DiSC leadership assessment tools, obtained from our provider, Epic, for the CEO, used by more than 40 million people to improve work productivity, teamwork and communication tools.

What do the letters DiSC mean?

http://www.mjfgroup.biz/leadership-assessment-tools/

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17 Great Networking Tips


Via Daniel Watson
Jeremy Barton's insight:

The one I like is: 'Don't work the room'

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Daniel Watson's curator insight, July 28, 9:59 AM


Business owners who make the effort to develop good networking skills, will develop long term quality relationships with fellow business owners, and their businesses will reap the benefits of these relationships for years to come.


Networking is often avoided by many business owners, usually  by those who claim the activity provides a poor return on their time investment or that they are simply too busy and can't make the time available,  yet the real reason is a lack of knowledge of how to successfully network.


This excellent article, suggests that anyone can improve their networking skills, and it offers 17 tips to make the networking experience a far more enjoyable and rewarding endeavour.

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Five Tips for Building a Startup Sales Team

Five Tips for Building a Startup Sales Team | Executive Coaching & Mentoring | Scoop.it

Via Daniel Watson
Jeremy Barton's insight:

Some good tips here. Not sure if they are all realistic in a small start up.

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Monika D'Agostino's curator insight, July 18, 11:44 AM

CEOs and founders are great at selling their concept to investors, but when it comes to going to market they really need to look at hiring/outsourcing sales. www.getsalescertified.com

Monika D'Agostino's curator insight, July 18, 11:45 AM

CEOs and founders are great at selling their concept to investors, but when it comes to going to market they really need to look at hiring/outsourcing sales. www.getsalescertified.com

MichaelJDay's curator insight, July 24, 1:37 PM

You can have the greatest product in the world but if customers don't know about it (marketing) and  you don't have a winning sales and marketing team to bring in the revenue nothing else matters.

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Top 10 Reasons for Entrepreneurial Success

Top 10 Reasons for Entrepreneurial Success | Executive Coaching & Mentoring | Scoop.it
I realized I couldn’t give the secret to business success in 10 seconds.

Via The Fish Firm
Jeremy Barton's insight:

I like this. How many times have we been asked a question and wished afterwards we had given a better answer.

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Chuck Devers's curator insight, July 6, 8:53 AM

A short, simple, and to-the-point read.  So many of us want to skip the basics and "get fancy".... there really isn't much need to do so if you don't get the basics right in the first place, as your business will not thrive.  Read on!!

Subhash Acharya's curator insight, July 11, 8:20 AM

PHP is the simplest web scripting language in the world and is very easy to learn for anybody. So to get PHP job easily one have to need to be strong in programming logics and his/her confidence level must be good enough to do a job. Though the starting salary as a PHP developer is not so interesting but as it increases you will find yourself in a better position within a year.

After completing PHP training Kolkata , there is a great opportunity to get a job for PHP trained freshers in Kolkata , as well as outside of Kolkata. It opens the way to a person to get a better job in IT fields and gives opportunity to earn good money.

PHP Training Kolkata, Android Training Kolkata, Web Design Training Kolkata and Internet Marketing Training Kolkata from industry expert with individual focus. No course duration. We will teach you untill you learn the whole things of your course.

- See more at: http://www.php-kolkata.com/#sthash.ehFQuOvD.dpuf

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11 Tips for Calming Your Nerves Before a Big Presentation

11 Tips for Calming Your Nerves Before a Big Presentation | Executive Coaching & Mentoring | Scoop.it

Via Daniel Watson
Jeremy Barton's insight:

Most of us never quite get rid of the nerves when we present, even worse when we do it for the first time. 

If we had these tips it would have been a little easier I think.

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BrianBurnett's curator insight, June 25, 11:35 AM

Preview of some of those tips:

  • 7P's = Proper Preparation & Practice Prevents Piss Poor Performance. (some call it 6 without the ... you know which)
  • Know Your Venue
  • Visualize Success
  • Know Your Audience 
  • Claim the three “audience truths.” One: They believe you’re the expert, so don’t tell them otherwise. Two: They want you to succeed, so they’re on your side. Three: They won’t know when you make a mistake, so don’t announce it
  • Realize you don’t look as nervous as you feel
  • Memorize your opening
  • Get psyched up before you go "on" - See Amy Cuddy  http://on.ted.com/Cuddy 
Miklos Szilagyi's curator insight, June 25, 1:36 PM

It's always good to rehearse how to checklist the main elements for your really earned success on the podium...:-)))

Alain Theriault MBA's curator insight, June 25, 1:40 PM

"Pitching" is an art that can make or break your young startup. Those 11 tips are great ways to make sure the messenger will deliver the message the right way. Now...look out for tips on making your message a clear one ;-)

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50 Inspiring Young Entrepreneur Quotes

50 Inspiring Young Entrepreneur Quotes | Executive Coaching & Mentoring | Scoop.it
The 50 top young entrepreneur quotes: categories of top young entrepreneur quotes include risk, making money online, simplicity, and social media.

Via The Fish Firm
Jeremy Barton's insight:

Some great quotes here. Inspiring is the right word. Well worth looking at.

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Randy Otwn's comment, June 2, 1:43 AM
Nice quotes
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Grow Trust with Delegation and Boundaries

Grow Trust with Delegation and Boundaries | Executive Coaching & Mentoring | Scoop.it

Via Daniel Watson
Jeremy Barton's insight:

Some interesting points in this. They should make you think, at least.

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Lorinda Forrest's curator insight, May 22, 10:52 AM

Good delegation skills help develop employee skill sets and confidence in abilities

James Cracknell's comment, May 23, 6:02 AM
thanks for this
Chuck Devers's curator insight, June 1, 9:46 AM

Church leaders - Pastors, especially!!!  -- need to pay careful attention to this critical part of growing your ministry.  DELEGATION builds the team, makes the Pastor more effective-- not only because many hands lighten the load, but equally true that the reallocation of time and internal peace is what many Pastors need to remain revitalized, effective, and not burned out.  Trust in your team is what builds a great organization!