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October 24, 2019

As VP of Content at Nerdwallet, Maggie Leung manages a large team of writers and editors scattered across the country. Now and throughout her career, she’s leveraged her unique ability to empathize and suss out what people around her need to succeed — and how every manner of work situation can be constructively resolved. This has helped her craft 1:1 meetings with her direct reports that leave them feeling refreshed and empowered, and that head off small issues before they become big ones. Her primary tip: Ask specific, open-ended questions. “You let them direct the conversation for a bit and see whether they get to the heart of things. If not, then you nudge them.” I ask this question a lot: ‘What’s harder than it should be?’ It helps you surface things in a blameless way. Your goal should be to enable and normalize very human feelings — and not veer into accusation. “If you say, ‘Hey, are you stressed?’ that attempts to force a confession in an awkward way. Instead, you could say, ‘I know that you’re juggling a lot of work right now. I know you’re doing X and Y. If I were in your position, I might be a little stressed. How you doing?’”

Take cash as oxygen- How much money you require to keep your business active and how long you are going to use the same? Do you have this much of fund in your account through which you can carry the basic expenses associated with your business such as rent and overhead? It is the biggest matter of concern for all first-time entrepreneurs. They should make sure that their actions should respond to the bleeding of funds that take place before they start getting profits. More info can be read at Online marketing tips.

Build a good team. Yes, you must be the brain of all activities and decisions, but your team matters too. Without it, the work cannot be completed, and the desired success will be delayed. So make sure you have professional people around you who are doing well in their field and who can help give your company added value. Once you have the team, start with the beginning! Focus on the image. What you do, your actions matter most. Thus, you take care of the image that you post, because in the end you represent your company and you are solely responsible for it. But do not try to look like someone who you are not, because you will seem fake and you will not inspire confidence. On the contrary, choose to be yourself, honest and open and people will appreciate this. Perhaps the least interesting activity of an entrepreneur is the one regarding the legal and tax aspects, but these are essential both for the success of the business and for the peace of the entrepreneur. In addition, it is much more difficult and costly to try to repair such mistakes later, so together with your consultant or your accountant and notices are needed, which is the tax regime, etc.

This may sound cliché, but my honest advice is to go for it when considering starting a new business venture, despite the fear it may not work out. One needs to adopt the mindset that the whole journey is a big experiment and that “failure” is not an option, because ultimately it is learning and growth that we will get. Focusing on the rewards instead of the fear is the real key to success. – Noor Hibbert, This Is Your Dream LTD Source: https://theentrepreneurresearch.com/.

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