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Business management Entrepreneurship

5 social skills that every entrepreneur needs to master for a magnificent career

A toddler or kid never hesitates to smile or blabber things in front of a stranger. 

They never get anxious seeing a completely unknown face, well most of the time, they play around themselves as they never seem to be bothered by the presence of that unknown person.

That’s why everyone likes them and therefore wants to spend some time with them.

Similarly, the “man’s best friend” dog is very joyous around people, wagging tail, jumping around them, etc, and this dog is called the social animal.

But not every human happens to be as social in their lives, rather they prefer to stay reserved in thoughts by themselves.

Such people are considered to be introverts.

Being an introvert will not help you in your career. 

In fact, it can differ with your mental health in the long run.

So, adapting to social skills is the ultimate need in the journey.

So let’s proceed to the 5 social skills that every individual needs to master

  • Transform anxiousness into excitement

The most dreadful thing that stops us from boosting our social points is the fear of getting judged, what others think about us, etc.

This makes us anxious for no reason and thus bringing a decrement in our social score. 

The simple trick for this is to see socialization as an exciting opportunity rather than thinking about other people’s thoughts for us which in any way wouldn’t help us.

  • Be a listener, not pseudo-listener

Being able to converse is a sign of good social skills. 

But the concept of conversation is not just giving a reply to the opposite person without even listening to it properly and understanding his/her thoughts.

If you are a good listener, then you have most of the required skills as per the socialite norms.

  • Clear the clutter in your mind

It’s very necessary that you remove every clutter from your mind and be optimistic about your approach.

Your approach should be:
  • Be specific, direct about your thoughts and feelings.
  • Speak as if you want to be heard not provoking.
  • Align your message with a friendly tone.
  • Rely on facts and not feelings
  • Wisely choose your words

Know what you are about to say and how you are gonna say it to create a compelling impression.

  • Take your time and speak profoundly

Speaking fast doesn’t convey your authority on a particular topic. 

Instead, it shows that you are underconfident or anxious or not know enough about the topic.

Well, it is okay to be anxious a little as it is a sign that you care about things.

But make it a habit of practicing the above social skills and be adroit in socializing.

Conclusion:

It’s very much important for entrepreneurs to have an eye for social communications and must hone the skills for it to keep engaging the investors, audience, customers, and so on.

A well-knitted communication will take your business a long way and enhance the growth structure overall.

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Business management Economy and finance

Decoding the enterprise workflow structure

Covid-19 has hampered the economic stability of every nation around the world, and businesses have been facing its wrath for quite some time now.

Especially the businesses that fall under the category of SMEs have been in tremendous trouble as compared to the mega enterprises in the market.

So, it becomes crucial for such enterprises to move on with their business strategies carefully, and with an acute plan of action generates a well-defined ROI to meet or exceed the enterprise expectations.

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Business management Entrepreneurship

7 Traits of Great Entrepreneurs you must Develop

Leadership can be defined as the art of inspiring and motivating a group of people towards achieving a sizable goal or objective.

When we see leadership through the business perspective, the definition remains pretty much the same. 

Just the group of people gets replaced by your employees or a team which is again the same thing.

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Business management Entrepreneurship

Top 8 Digital Marketing Trends 2021

The way people consume content changes with time owing to the emerging technologies and the fact that the market keeps flooding with various unique options every now and then.

All these changes will affect the digital marketing trends in 2021 as well in the coming years and thus affect the businesses in the market.

This eventually causes brands to make changes in their approach towards marketing their product or service to the audience out there.

Various digital technologies have been combined over the years to improvise the marketing approach and enhance the experience of people with brand commercials/ads.

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Business management Entrepreneurship

A perfect Start-up Growth Strategy for your business!!

Is there really a perfect start-up growth strategy for your business?

Well, every enterprise has a start-up growth strategy for their business that they believe to be perfect, expecting it to show the desired result in the longer run.

This can be true if the start-up plan resonates well with the current market scenario and dwells in harmony with the target audience.

The outcome of such strategies can be brilliant or even it might go down the hillside depending on how well you put the pieces of the puzzle in place.

Here is an amazing word from Jonathan Dane, co-founder of a PPC agency that grew from $0 to $2,500,000 in a year and after that, he went for becoming a founder of another mega-company KlientBoost.

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Business management Entrepreneurship

6 Powerful Strategies to Enhance Customer-Experience for SMEs

Taking care of your customer needs and expectations is more than crucial ever for businesses, especially for small businesses, post this pandemic scenario.

Audiences are having a changed mindset towards brands; they are approaching them with their newer problems and needs.

So, businesses need to be able to enhance their customer experience in order to attract them and win their trust for the business brand.

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Business management

Simple ways to make your business more data-driven

Every human around the world is sailing in the vast ocean of data. It can be in the form of simple emails, videos, blogs, data related to your businesses, and the list goes on.

You are exposed to it every second of your day, right from when you are born. 

You might also find it amusing that an individual creates 1.7 MB of data/second

If we talk about humans around the world, the number is even higher i.e 2.5 quintillion bytes of data/day and it is expected to increase further in the coming years. 

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Business management Economy and finance

Business cash flow management – 8 proven techniques for boosting your revenue

In an entrepreneurial business journey, more than anything else, efficient business cash flow management has to be on top of your priority list. A steady cash flow streaming through your enterprise keeps the business running smoothly without any hassle and thus promoting growth.

Businesses that are delivering high-grade performance always keep their cash flow in check. They monitor their cash flow at a timely interval that can be every week or every month as per the enterprise business norms.

So, what is the cash flow that we are talking about here? And why is it so important?

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Business management Entrepreneurship

Strategic development process – For emerging and vibrant entrepreneurs

 Entrepreneurship is the journey of creating something new or innovative by investing time, efforts, finance, and also managing the risks associated with it for achieving better outcomes.

The product or service you offer to the audience, need not necessarily be new but has to provide a distinct value to the users against the many options available in the market.

To achieve entrepreneurial success, you have to know everything right from the detailed knowledge about the domain you are initiating your journey, systematic plan or approach towards the goal and objectives you want to achieve, and such other crucial factors.

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Business management Entrepreneurship

Risk management process – A structured and definite approach towards business uncertainty

The risk management process is a vital part of every growing enterprise that helps them to sail smoothly in the sea of business uncertainty, and take care of the hurdles that fall in the way.

If we go by the definition of risk management,
It all starts with identifying the risks, evaluating the risks, and prioritizing the risks as per the severity of the impact, it can cause the business workflow. 

The process is followed by accumulating the right resources and software for eliminating or reducing the effect of the impact of the probable unfortunate occurrence to a minimal level.