POST CATEGORY : CEO Leadership

Linked or Not? The Relationship Between Your Personal Finances and Business Opportunities

Got the ball rolling about starting your own business but not sure about the money involved? You’re not alone. More than four in ten Americans worry about finance and cash flow when it comes to their new business, based on the market survey by Capital One. Given the numbers, it’s reasonable to question the link between personal finances and business. So… does your personal finance affect funding a business and business opportunities or not?

Personal finance to fund a business

Personal Finances as your Bedrock

It is no secret that the quality of life you have is greatly determined by the health of your personal finances. When you have bad credit, it affects several aspects of your life like housing, utilities, and even your insurance premiums.…

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5 Business Industries Primed for More Female Leadership

Women have made enormous strides in the world of business in recent years, as a result of numerous campaigns by non-profits, universities, and major corporations to increase workplace diversity in industries which have been predominately worked by men for most of their history. However, there are still plenty of industries where a gender balance has yet to be struck—industries that are ready and waiting for a female superstar, whose success can inspire other women to join the field.

Female leadership in a startup

For those who pick up the skills for a solid career in business, there will be a niche waiting. Let’s take a look at five of these industries and see what makes them so ready for female leadership.…

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Does Your Business Need Project Scheduling Software?

In 1748, Benjamin Franklin said to a young tradesman that “time is money.” Franklin’s words couldn’t ring any truer today, especially in time-constrained industries like aerospace, military and the construction industry — industries where time is literally money when deadlines are looming. Missing a deadline is something that you really don’t want to see happen if you’re launching a spacecraft or constructing a building, as doing so can have disastrous consequences to your business.

Using Project Scheduling Software

Let’s take the real world example of the well-known Sydney Opera House in Australia, which was started in 1959 with an initial budget of AUS $7 Million.…

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Thinking Big: How to Prepare Yourself and Your Business For Big-Time Success

We often hear successful entrepreneurs tell stories about the importance of being able to recover from failures. While it is essential to have the ability to learn from, integrate and grow past a failure or setback, it is equally important to know how to cope with the increasing pressures of growth and how to prepare for the impending success of a business. Will you be ready if that serendipitous alchemy of hard work and divine intervention suddenly sends demand for your products or services soaring?

Preparing for big success

While you’ve dreamed of this moment, the reality of it can still come as quite a shock.…

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4 Areas to Focus on to Make Your SMB More Profitable

Profits are the thing that keeps small business owners up at night. Sales might be increasing, positive reviews may be landing online, but if your business isn’t profitable then it could be game-over. No two businesses are the same, but whatever type of company you run, there are some key areas of focus for making your small business more profitable.

SMB Profits

Read on for 4 essential tips from insolvency experts on increasing a small business’ profitability.

1. The customer must come first

Customers are the lifeblood of any business. Without an engaged and loyal customer base, making your small business more profitable is going to be an uphill battle.…

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3 Ways to Confront Your Business Fears

As an entrepreneur, your work probably inspires a variety of feelings throughout the day, including excitement, pride, happiness, and … anxiety, stress and fear. Thoughts like “Will I be successful?” “How will I get funding for this idea?” and “I’m not sure I really have what it takes” are not only signs of business fears, they are also defeating statements that can derail your success.

Confronting Fears

Fortunately, you do not have to live a business life ruled by fear. You can overcome them by learning a number of tips and techniques, including the following:

Recognize that Everyone Has Fears—You Are Not Alone!

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How To Handle Leave Management For Small Businesses

There are many different areas of operation that a small business owner and CEO is required to manage. Often, small business CEOs are tasked with managing HR processes entirely on their own. This is due to the limited HR budget small businesses typically have. Unfortunately, there are many nuanced human resources tasks that can be difficult to manage if you do not the proper expertise.

Employee leave request.

Thankfully, there are posts like this one available to help you familiarize yourself with tricky human resources management processes, like leave management. If you want to know how to handle leave management at your small business, keep reading below to learn the HR strategies that will make your job much easier.…

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Tried and Tested Tips to Keep Your Business Growing Fast

You often hear people emphasize that going into business guarantees financial freedom and how the richest people in the world are all businessmen and women but those same people fail to tell you how difficult it could be to make something out of business. Statistics have shown that most businesses fail within 5-10 years of incorporation, so starting, let alone, growing a business is not as simple as they make it seem.

Female entrepreneur

This is not to discourage you, however, there are indeed businesses that actually thrive. That idea you have in the cradle of your mind or what you’ve already started could be one of them.…

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4 Tips for Successfully Running Your Business From Home

Working from home has become pretty common over the last decade. The growth of the internet, cloud technology, and mobile devices has made it practical and cost-effective.

Home based entrepreneur

But what about running a business from home? Is it a good idea?

The Challenges of Running Your Business From Home

There’s no sense in sugarcoating the topic. Running a business out of your house presents numerous challenges. Issues that are commonly encountered include:

  • Restrictions. It’s not always legal to run certain businesses out of your home. This is especially true in residential neighborhoods with HOAs that have documented guidelines, restrictions, and covenants.
  • Distractions.
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Top Productivity Tips for Successful CEOs

What do all CEOs have in common? A desire to be more efficient, effective, and productive in growing their company. You have a lot of stress on your shoulders as a CEO, whether you started a business from the ground-up or worked your way to the top of the corporate ladder.

Take a minute to review these tips on how to streamline your responsibilities so you can kick productivity into high gear.

Successful CEO leading a meeting

Utilize Project Management Software

An important part of being in charge means delegating tasks that you don’t have time for. Take advantage of project management software that allows you to:

  • Create tasks for coworkers
  • See what’s being accomplished
  • Keep track of who’s assigned to what task

Asana, Basecamp, and Hive are all popular programs that are a dream come true for any nit-picky CEO.…

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