Thoughts of the Day

https://www.mjfgroup.biz/thoughtsoftheday
Thoughts of the day   An Offer from Anne Rolfe: Mentoring Works – Mentoring News 6 Ways to Mentor Your Team for Productivity Would your team answer “yes” to these questions? If not, start mentoring them so they do. We have a clear and compelling purpose. There is a reason to work together. We have a common goal, whether it is the solution to a particular problem, a challenge to be overcome or a contribution we make. Our mission inspires and appeals to our individual values. We know what success looks like. There are specific things that are measured to show how how we are tracking. Outcomes are defined and measured and we can see the results, daily, weekly or at least monthly. We know what’s expected of us. Each of us knows our role. We are clear about what to do and why it’s important. Procedures are important, but we understand it’s about the outcomes rather than the process, so we can take the initiative to solve a problem or get the result. Standards of performance are clear so we can see whether we are meeting them or not. We get individual guidance. Praise and recognition for a job well (more…)

4 Reasons Young People Should Become Entrepreneurs

https://www.mjfgroup.biz/4 Reasons Young People Should Become Entrepreneurs
4 Reasons Young People Should Become Entrepreneurs Unemployment got you down? Just graduated with student loans, but can’t find the right job? Well, you’ll be happy to know that there are more new business startups in the United States-South Africa and in the World – than ever before. And, you can create your own job by starting a business, on a budget, doing what you love and what you’re good at — i.e., your passion and expertise. Here are 4 reasons why you should start your own business as a young entrepreneur:   1) You’re not a good employee and don’t like working for anyone else then read on. 2) It’s easier than ever to become an entrepreneur, and technology has a lot to do with it. You’re a tech-savvy millennial, and Internet and mobile technologies make it easier to connect and identify with people based on shared values and ideals. At the same time, as technology has connected us, people have become very comfortable with online shopping through sites like Amazon, eBay, and PayPal, which have become very popular. 3) You’re thinking about leaving your day job to pursue your passion full-time. As a young, aspiring entrepreneur, focus on how that passion (more…)

The story from a highly frustrated UK start up Entrepreneur

https://www.mfjgroup.biz
The story from a highly frustrated UK start up Entrepreneur has been dictated to me by one person and told to me by others , who have similar stories. Here is a summary of what I have discovered; May I also suggest you read a well written article by Brad Nosser, below. “Are we doing enough to support small business growth? I posted an article into my Blog “Interco Development and Training/BASS Business Skills Charity site” called “Are we doing enough to support small business growth? in the UK (My addition) This a well written and thought out article written by Brad Rosser, Non-Executive Chairman, Xref, who does not believe the UK Government has a well-orchestrated plan for ongoing small business support. Personal comment. I support the article but…… I still do not believe the report gets to the Nub of the real issue and that is for small start-ups to find actual funding both Grants and Secured and Government-backed loan funding is a nightmare. My story that follows is from a story of a fairly astute businessman with his startup experience. I didn’t just accept it I went through his documentation and it was all confirmed. I can now say in (more…)

5 Steps You Can Use to Find Your Niche

https://www.mjfgroup.biz/findyourniche
5 Steps You Can Use to Find Your Niche with the thanks to  Thomas Smale•Contributor, which is taken as an extract from Entrepreneur. You want to start a business, but the thing that’s holding you back is the market niche you know you need to choose. And, honestly, this can be tricky: You could list all of your interests and passions and still come away feeling as if you haven’t hit upon the singular thing you were meant to do. Yet putting that kind of pressure on yourself to choose the exact right niche may cause paralysis.  Certainly, you want to do your due diligence in selecting a viable niche business, but it’s better to get up and running than to wait around. That way, you can test out ideas, enter the market sooner and learn from your successes and failures. That way, too, if your first business doesn’t take off, you can always take what you’ve learned from previous attempts and move forward with new ideas. If you’re struggling to decide, or you need more data to work with, use the following five steps to find your niche.   5 Steps You Can Use to Find Your Niche 1. Identify your interests and passions. (more…)

8 signs of an Imploding Business.

https://www.mjfgroup.biz/eighttelltalesignsofanimplofingbusiness
8 signs of an Imploding Business. Welcome to our 8 signs of an Imploding Business page       Check out these 8 signs of an Imploding Business.. If you’re still uncertain that Your business is in serious trouble, then pay attention to the following 8 signs of an Imploding Business. 1. Low sales. The first, and most obvious of the 8 signs of an Imploding Business is low sales. This could either be lower than expected projections or a decrease in sales than the previous quarter. Your business can’t succeed without a steady income to pay all of your expenses. When you notice that there’s a sudden decrease in sales, you need to diagnose the problem. Begin by surveying your employees and customers, conducting a competitive analysis and examining the outside environment, like societal changes or natural disasters.  This should give you a better understanding of why there’s a decline in sales and if there will be a turnaround. If it doesn’t seem likely the industry or your business can turn things around, then it’s rather clear that your business is in trouble. 2. You can’t remember the last time you spoke to a client. The second of the 8 signs of an Imploding Business is that Customer service reps (more…)