Deadlines are important. We live in a fast-pace society where instantaneous satisfaction for customers can make or break your business.
Why they are important
- They are dates that requires someone to deliver some sort of product or service.
- They are dates that keeps people on tract. A plan without a set deadline will continue to drag out indefinitely.
Make them less about stress but more as achievements.
There are ways to deadline less stressful.
- (The obvious) Break bigger projects into smaller ones
- Do a little bit of work each day.
- Block out time for job same time each day
- Ask for help
- Use available resource (technology)
While traveling, I was seated next to a lady that express herself as a career woman. She believe that every opportunity to learn and acquire new skills gave her the ability to move higher and higher in the respective company she worked for. She use her companies benefits and training courses to become a candidate for higher position she wanted to pursue.
Alternately, not everyone is blessed with opportunities like this lady. Fortunately, we can create our own by sparing some times to improve ourself. I have mentioned before that starting off with just 10 minutes a day on a new skill will eventually turn into 15… 20… 30 mins… or more. Once, it becomes a habit to expand your knowledge and skills, it becomes addicting and watch how more door open up for you.
Since I am moving forward to study into two masters programs. One particular studying technique that I recently learn take up between 30 sec to 1 min. Simply pick a particular section of the subject you’re learning and list out all the facts and concept associating with it. Once you have that, build on it and list out more. Then, you will ask that same question again the next day and see if you can repeat all the answer. Repeat until you get it 100%. Once you got that, erase and move on to the next section.
This particular technique is use to remember a lot of different types of information (or definitions). Test that are concept or solving problem doesn’t work.
I missed this Wednesday post due to family matters. I do have some business information to share, but there are personal stuffs that needs my attention. Sorry for this week.
I want to bring more business terminology onto this site. One specific term I recently learn is Oligopoly. The is where the market is controlled by a few selected business that sell similar products but the pricing are not depended on each other. Meaning go after your dreams and build a business, learn from others in the game and make it unique. The way you price your product or service should be depended on how much you and your customer values that type of products or service.
Always Keep Improving Yourself and Your Business.
Let make Wednesday the day for updates and news. This gives me a week to create content and build my website. I will try to come up with a new topic or content each week.
I was trying to post monthly and hopefully develop a habit to post weekly but it seem like I failed to do so. This was suppose to be an easy habit to engrain since it take less than 10 minutes to type up a simple update. This whole project is an outlet of information or database that can be easily access so that I will not have to remember everything, yet I still forget to post a weekly note to help me get organized in my thought and update what going on with this site.
Clouded with all the steps and direction that we all put ourselves in, where do we go next? As entrepreneurs, our path isn’t linear. We chose to take a path that other doesn’t want or don’t see.
Although, the next step doesn’t necessary has to be physical. We can step back and reflect on the skills and knowledge to find ways to use them to our advantage. By doing so, we can celebrate the accomplishment and lay out new plans with the new tools we have acquired on the journey.
Ways to go forward:
- List out what needs to be done. Or. What do you want to get done?
- Get the new skills required for the next step. Or. Hire the extra help.
- Business perspective: As the customer what do they want/need?
- Accounting perspective: Clear out some liabilities and gain assets.
- Research extra product or service you can offer.
The next step is more than the actions itself, its a reflection on our entrepreneurship mindset, determination, growth, and commitment to your business goals and vision. Keep moving forward.
I need to do better and post more information on this site. I still have a ton of information that I would like to share. Professionally and personal education that I have collected over the years as well as experience. These valuable knowledge and experience can help you guys learn from my mistakes where I either failed to learn or lack the knowledge.
This is a list of some of the topics I am going to cover and my experience with one of them.
- Accounting – Who and What to expect
- Innovation & Design – Building a product or service
- Prototyping – Sample product to test in the market
- Financing – Disclaimer: NOT financial advice
- Business Law – Basic knowledge for operation
- Customer Service – Often neglected, crucial for returning customer
- Simply Marketing – Using social media and free resources
- Strategic Growth – Business has to expand to survive
- Exit Plan – Ultimate end game for the business