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Unleash Your Inner Mogul: 14 Tips For Being A Success In Business

Clearly raw energy and passion aren’t enough for you to succeed in business. Sure, they’ll get you started, and get you by for a little while, but longer term, successful people put strategies in place to live their lives and do their business thinking in a way that eliminates waste all the time, and keeps them at the peak of entrepreneurial fitness. Like keeping your weight under control, these strategies are not about things to do now and then, but permanent lifestyle change markers for success.

Here are 14 top tips we’d like to offer to bring you closer to be more like them, living the life of a business mogul.

1. Focus: Learn to distinguish what’s important now from what can wait. Delegate tasks to trusted others, and empower them to make the decision. If you work alone, do the ‘now’ things now, and make a note of the others to go back to later. Don’t involve yourself in the nuts and bolts of anything that doesn’t directly add value to your business; you don’t have time for it.

2. Think: Be economical with words, so there’s no danger of being misunderstood. Ditch flowery business language that adds nothing but noise and hot air to the debate. Out with phrases like ‘going forward’, ‘for myself, personally, I… ‘, and the nonsensical ’110%’ in terms of effort delivered. Say what you mean simply, once, and you’re more likely to be understood.

3. Trust: You’ll never be a business mogul if you don’t appoint people you can trust. Once that’s done, and you’ve given clear instructions or objectives, let them get on with it. Micro-management has no place in leadership, and persuasion is far more effective than being a despot.

4. Care about detail: When you’ve got something right, the details are correct. If they’re not, then the job wasn’t as good as it might have been and you’re selling your customers (and yourself) short.

5. Measure: Entrepreneurs who succeed know about their business. They put a lot of effort into measuring everything they can, because only by knowing how it’s performing can they decide if it’s succeeding or failing – and therefore which areas need attention. Hey, it may even be that you shouldn’t be doing some business if it’s not profitable. You didn’t set up a company to be a busy fool…

6. Learn: You can never know enough about how to succeed in business. Look at others you’d like to emulate. Listen to them, read their speeches, read their books; get inside their minds and find out what they do that you’re not doing. Then go do it. Even millionaires keep an eye on the activities of other millionaires…

7. Speak the truth: Honesty is the best policy. Once you’ve lied, and been found out (and ultimately you will be) your reputation takes a hit from which it may never recover. People don’t like to deal with liars and cheats, so you may find your revenue dips as well. What’s more, no matter how bad the news, you’ll be able to sleep at night too.

8. Be fearless: There’s a lot to be said for the phrase ‘feel the fear, and do it anyway’. If you stay inside your comfort zone you’ll never have a thriving business, but you may well wonder about what might have been if only you’d had the guts to try. And remember, no-one else needs to know you’re afraid.

9. Keep your temper: Anyone with a quick temper will quickly find that employees may well hide things from them. As a business mogul you are in charge, but you’re still only the captain of a team.

10. Understand money: Know what your outgoings are; understand your income streams. Have a savvy accountant who understands management accounting. Base business decisions on accurate information instead of hope.

11. Eat well: Eat too much of the wrong kind of thing and you’ll not only get fat, but you’ll probably shorten your life too.

12. Take exercise: Get the heart working. Open the lungs. But don’t overdo it. Go for low impact activities. Regular brisk walks, swimming and cycling a couple of times a week will sharpen your decision-making abilities.

13. Avoid excess: Sportsmen given enormous wealth with no idea how to handle it are the classic example of the damage that can be done by excess. Be it alcohol, gambling, fast cars or fancy restaurants, a life of excess is the path to ruin for your health, your business, and your finances.

14. Relax: There’s no kudos to be had from working 15 hours a day and at weekends. At the end of a day that, your output will have dipped to ‘negligible’ and your energy levels will be close to zero, resulting in questionable decision-making. Work reasonable hours with the chance to relax in between, and you’ll accomplish more in the long run. Weekends are battery chargers for people.

The 7 Things About a Business Analyst Your Boss Wants To Know

First let’s start with what a Business Analyst is by definition: According to Wikipedia, a business analyst is someone who analyzes an organization or business domain and documents its business or processes or systems, assessing the business model or its integration with technology. “Business Analysis is the practice of enabling change in an organizational context, by defining needs and recommending solutions that deliver value to stakeholders.” The set of tasks and techniques that are used to perform business analysis are defined in A Guide to the Business Analysis Body of Knowledge® (BABOK®Guide)

The 7 Things about a Business Analyst Your Boss Wants To Know are as follows:

1. Are you great at problem solving? Most Boss’s want to give you and issue at a high level and need you to dig into the details and get the specifics line by line or Case by case, i.e. diagram the flow of the system obtain the Business Requirements and the Functional requirements regarding the issue or issues. The more details that you gain the better the solution.

2. You are an independent thinker, but you work well in a team, you actually can help guide the team if necessary and make sure the business and the techies know what is needed or desired by the user. You can translate that back to the user community and help manage expectations.

3. You will ask questions, questions and more questions, you don’t mind getting to the bottom of a situation and learning the root of the issue, the why of a solution. And you can do it with great grace and or tact.

4. You want to build on your professional experience and don’t mind owning a process, being the subject matter expert or coaching and training others on what you know to add value to the team and to the business.

5. Can you facilitate a meeting; can you organize the meeting, can you white board the process, can you have an agenda, can you keep on topic? How will you handle the room when someone veers into another direction. Can you capture the take-aways from the meeting and follow up promptly?

6. Are you adaptable? With any process or projects, things may change quickly or mid-way, will you be able to move with the ship despite the rough waters and storms that may rise?

7. Do you like people? Can you speak with all levels of the organization, can you speak in a clear and concise matter to effectively communicate up, down and side to side when appropriate?

If you can answer yes to those questions among a few others you will be a great asset to any team looking for a Business Analyst and will definitely thrive and grow in the profession.

Marketing Techniques To Grow Your Jewellery Business

If you are in the jewellery business then you must not let fear determine the success (or indeed, failure) of your jewellery retail business. If you show willpower and determination, you will become a successful gemstone jeweller and, with a little help from these suggestions you will be able to get started on your path to success.

Goals that can shift and grow with the expansion of a jewellery retail business are just what the most rewarding business plans are made of. Your jewellery retail business strategy should list specific goals that are also realistic. When you have specific goals to achieve, you can create a successful gemstone business. Breaking down your end goal into smaller, more manageable milestones is essential for success.

Financial difficulties seem to dog some companies; it’s usually because they fail to carry out a detailed risk assessment before making critical decisions. Regardless of how well a jewellery retail business is run, taking on significant risk could destroy it in a very short time. If you take on a lot of risk, the fate of your gemstone jewellers business is at stake, so make sure to avoid gambling with your business’s future at all times. When you will need to make decisions that affect your company’s future, make sure to protect its assets by doing a thorough risk analysis first.

Reaching the goals you’ve set for your jewellers is only the very first step on the ladder to success, not the pinnacle. Businesses that stop growing will die off, meaning that you always need to be setting new goals for your jewellery retail business. Two of the best things you can do for your gemstone business are to keep a determined focus and willingness to adapt new, creative technology and trends. You will likely grow a profitable jewellery retail business if you could continue to improve your operations and follow market trends.

If you want a simple, effective method of measuring your jewellers’s progress, make sure to set a regular schedule for reviewing and re-establishing goals. Create goals that will lead your jewellery retail business into success and having a reputation for being the top in your industry. The only way to achieve your dreams is by making each new goal more challenging than the last. It’s best to not open a gemstone business at all if you are not willing to commit yourself fully to the endeavor and are only willing to settle for small indications of success.

Running a profitable jewellery retail business is going to take more time than you think; be sure you have enough time to commit to such a serious project. For businesses to succeed, the owners should be willing to put aside their personal agendas and devote most of their time, energy and attention to advertising their businesses. Taking on too many things at the same time is a common mistake that first time jewellers owners often make. Sharing some of your responsibilities with others when you feel you are being crushed under the weight of your work is essential if you want to be a smart gemstone business owner.