Wednesday, 16 December 2015

11 Reasons Why You Should Be Your Own Boss Today!

Research has it that In Nigeria, youth unemployment is as high as 50%. That have not stopped our higher institution from churning out millions of fresh graduates into the system as many young teens are struggling to gain admission into the high institution with the hope of securing a better promising job after school. When will you stop looking for job and think of creating one for yourself? What have you gained all through 2015 as an applicant? You've known all the streets in Lagos, Abuja, Abeokuta,Ibadan etc because of job hunting. There is a greater joy,happiness,freedom and financial freedom when you are your own boss. If you don't know,here are few among more than one million reasons why you should start your own business come 2016.

A. You Are The Captain Of Your Own Destiny. As a business owner you have the free will to control and make decisions that suits your business. That is to say,you are the Alpha and Omega of your business,you are the driver and you driver the vehicle (Business) to a promise land because you see clearly to avoid pot-holes on the high way. And,you can decide to pimp your car (Branding) to differentiate yours from others. When i sacked my boss few years back,i have been able to utilize my potential to create a meaningful value to my life.

B. You Will Be Able To Set Your Own Schedule. This one of my best benefit why i stopped working for my boss,my business gives me the flexibility to do what i want at the time i want it, setting my own hours, dress the way i want, what else do i need? You can have time to do or attend to other important things in your life.

C. You Make Choice Of Your Worker. Owning your own business gives the freedom to hire the best hand to work with if you needed it. When hiring make sure you choose and surround yourself with positive people who will give you the confidence and motivation you need to keep moving forward. Don't build your venture with negative people.

D. You Bear All the Risk Associated To Your Business And You Alone Will Receive The Reward. Owning your own business is a risky investment and its this risk that gives the reward when you overcome it. As new business owner you have to learn how to manage risks to achieve success. Your decisions determines the success. You have to learn how to recognize good opportunities from bad ones. You have to learn how to be committed to new products,You will also learn to create exit strategies for bad situations and how to maximize the good ones.

E. You Can Create New Tasks/Goals every day or werkly. As an entrepreneur, you can set a target on an opportunity to access and achieve.

"The great thing about owning a small business is that you can learn about business strategies and how to sell and meet customers satisfaction in business.

F. You Build on Your Passion Many entrepreneurs say the long hours they invest in growing their business doesn't feel like work because they're actually having fun in what they're doing. For me, it was a very conscious choice to make a living doing what I love. For example,i love teaching ,talking and inspiring people to success, i then built my career around my passion and today i love talking and i can never get tired talking,that's what made me a public speaker.

G. No Delay In Getting Things Done More Faster. Entrepreneurs are the type of people who hate delay in any form. They don't need your permission to start,when they see anything they work on it immediately rather than paid job were you have to wait for many hours for approval to carry-on. All small business owners salivate at any small seen chance to get things done as soon as possible. A good entrepreneur will take action faster than the big companies when the opportunity knocks.

H. You Have Unlimited Access To Your Customers. There are few things that get entrepreneurs as excited as when they get to interact with their customers at any time they want, small business owners thrive on dealing one-on-one with their clients or making the decision to get those customers that don't like their product/services and they can as well fire the ones they don't like by breaking the rule that "Customers are always right"

I. You Can Give Back to Your Community. One of the best norms i have learn't in business is giving back to the community ,it gives joy,happiness,sense of belonging and most especially create jobs, which is particularly important these days. It gives you great pride in knowing that you're solving a problem others have and creating opportunities for people to have jobs that they love. Another important thing about giving back to the society is that it makes you more popular,it builds trust and confidence in your clients on your product/services.

J. You Feel The Joy and Pride in Building Your Own Thing. One of the biggest differences in owning your own enterprise as opposed to working for someone else is the sense of joy and pride you establish in building something of your own. There is joy in self-actualization, you also get to brag about what you do. One good thing about owning a small business is that people are interested in you and your story. You will earn respect and you will be known as C.E.O of your company.

K. You Decide How Much You'll Pay Yourself and You are In control Of All The cash. As your own boss,you determine how you spend your money and also decide how much to save. You are in total control of all your finances and you can also choose to invest in more than one profitable businesses.

Let me stop here till next time,because there are more and more benefits of starting your own business. Don't waste your precious time again,begin to brain storm for new ideas now, 2016 is already here! You will succeed.

Think Positive

Six Creativity Habits For People Who Think They're Not Creative

Everyone is creative. (No, really.) Here's how to unleash your best ideas. Think about the roles and responsibilities in your office. There are probably people you think of as "creative"—maybe those in product
or graphic design, marketing, and even sales.

Then there are those who don’t immediately spring to mind when that word is used. But thinking about people—or yourself—as "not creative" could be hurting your company, because you’re discouraging them from thinking in innovative ways before they can
even do so, says Mark Prommel, a partner at Pensa, a Brooklyn-based design and invention
firm. "Ideas and the creative execution of those ideas comes from anyone, anywhere," he says.

Does your workplace have creative
designations? Use these six tips to create a culture where everyone’s creativity is stoked.

If Leslie Ehm, president and "chief fire starter" at Toronto creativity training firm Combustion,
could give organizations only one piece of advice to encourage creativity, it would be "to ban the phrase ‘yeah, but,’" she says. "'Yeah,
but’ is just ‘no’ in a dress." Change the phrase to, "Yeah, and." That simple change suddenly confirms the original person’s contribution as
valuable and builds on it. People don’t feel shut down. That’s collaboration in action, she says.

One of the quickest ways to get people who think they aren’t creative to shed that viewpoint and start to contribute is to get them around a table brainstorming and coming up with solutions with a diverse group
of people, says Jay Mathur, founder of valueideas, a creativity and management consultancy. The interaction with new people
can bring perspectives never before considered and spur new ideas within the group, he says.
"If you bring a diversity of ideas, this is where a collision of ideas happen and the energy that releases new ideas. It can combine ideas. It
can create more refined ideas," he says. A 2015 study by researchers at Rice University and elsewhere backs a similar concept. The researchers looked at sales representatives at
a pharmaceutical company in China. Those with wide networks of contacts came up with more creative solutions to sales and marketing challenges.

It’s important to have job descriptions so that people can get things done and know the benchmarks by which they’re being measured. However, leaders who are trying to create a culture of creativity also need to reward—or, at the very least, not discourage—people from
contributing beyond the confines of their roles, Ehm says. She cites a team she’s currently training where employees are worried about
whether they’ll actually be allowed to contribute once the training is over. "We keep saying to them, ‘Leadership is saying yes,’ [and they say,] ‘But, when we get back to the regular kind of workflow, and we
have to do things fast, are they going to allow us to do it?’" she says. Make sure your own culture isn’t causing this type of creative
hesitation. And encourage people to question processes, Prommel says. Let people know that if they see a better way to do something, it’s not only okay to speak up—it’s valued.

Ehm defines creativity as"combining previously uncombined thoughts and ideas to create new thoughts and ideas. Once you’ve gotten people to do that, you need to reward
the effort, rather than the outcome," she says. "Hierarchically, everyone is rewarded for coming up with the right answer, to sort of smooth the rough spots in the process. There's not a lot of room for rewarding or
celebrating the risk and the failure. You can't have creativity without failure," she says.

Grinding out the same old projects every day can burn out even the brightest creative light. At Pensa, Prommel and his team try to carve
out time to think about projects on which they’d like to work, or areas in which they’re interested and think of ideas. Give employees time to think about the projects on which they’d like to work and try to get them
involved on those teams, he says. Letting employees be part of projects that excite them
is going to stir creativity. Plus, contributions from people who have fresh perspectives can help bring forth new ideas.

Creating a culture of creativity won’t happen overnight, Ehm says. Just like any other change, you need to keep encouraging your employees, and have them encourage each
other, to adopt this new way of thinking until it sticks, she says.

Hope this article will help change your negative mind and spur you to start creating a better live for yourself. You will succeed.

Think Positive.

How to Write a Good Small Business Plan.

Starting a business is never a problem but 95% of all small business fail within a year of their start ups. Do you know why? Because of poor BUSINESS PLAN.

Preparation and careful planning is the key to starting your own business as well as getting
investors to invest in your start-up company. All business needs a good business plan to pilot its course as well as anticipate possible
problems and provide sustainable solution. Before you start that business and invest your hard earned money,you need to follow consider these tips and include them in writing your own small business

The most important parts of your small business plan include a description of your small business,
a developed marketing plan, and a management plan. In describing your small business, you have
to be able to describe what business you are in. In this part of your business plan, you should be
able to put the goods and services you plan to sell as well as the location or place of your
business. Indicate why you have chosen such location as well as the advantages and disadvantages of your location.

You need to be more detailed in the description of your business by including the special aspects of
your business and why you think your business would appeal to your target market. In your description you must clearly point out the
purpose of your business as well as the goals and objectives of your business. In the description of your business, you must be able to describe the products and services that you are offering. Why did you choose to offer such products? What are the strengths of your product and possible weaknesses? How is your product or service better than your competitors? What possible benefit or good will your products have on your consumers?

 In the location part of your business plan, it is important to remember that in choosing your location, you must take into account the accessibility of your business as well as the needs of your target consumers. Your business
must be in a place where your market can easily reach you as well as adequate in space to
accommodate your customers. Indicate in your business plan the expected needs of your location.
 Is it accessible enough? Big enough? Is your location beneficial or not?

 In the marketing part of your business plan, it is important to get to know your consumers and
address their needs. You must be able to develop a marketing plan that would both address the demands of your consumers as well
as potential needs or wants of your target market. In this part, you must provide in detail your target market. Provide demographics, economic and socio-political trends, the
expectations of your customers, as well as your advertisement and publicity plans.

Also provide a management plan in your business plan. This includes your financial management plan as well as your personnel management plan. In the financial management
plan, be able to show budgetary allocations, projections in profits and losses and ways to address these losses. In the personnel
management plan, indicate the employees you would need, their positions, salaries and rules
and regulations they need to follow.

Your plan should have a short and long term goals. Above all,your business must be realistic. You will succeed.

Think Positive.