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Showing posts from March, 2016

Executing Your Newly Incubated Business Idea

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Founders soon learn that customers only spend real money for solutions rather than ideas. Investors have also learned not to invest in ideas but only in entrepreneurs and teams who can deliver solutions. Success requires moving your passion quickly from the idea to the business implementation. A good execution requires a plan and the right people, combined to create operational excellence and exceptional customer value. Companies that do this best become market leaders. Google, for example, was not the first Internet search provider (think Yahoo!, AltaVista, InfoSeek and others), but according toInvestopedia, Google was the first to really monetize search. As a result, Google has become a verb, and the company is a tech giant with record growth rates and a revenue of $74.5 billion in 2015. But Google is not unique. Many other companies have followed a similar set of execution principles which I believe are required for business success, no matter how great the idea: 1. Tune the busines...

Ways Of Creating Positive Energy In Team Meeting

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Almost every single aspect of modern civilization can be traced back to collaboration and some division of labor on a grand scale. This fractal of synergy is what makes us the most innovative species by far on the planet. In the 21st century, we count on things like team meetings to clarify everyone’s individual tasks and coordinate large projects. But you can’t count on meetings alone to boost the productivity of your organization. If you want to remain competitive, the meetings have to lead to something. If you’re hosting the meeting, you need to lead the discussion into something highly-productive and positive. You need to know how to have a proper team meeting on Zoom! The road to a great meeting can be summed up in four basic principles that you must adhere to whenever possible in hosting your meetings. Let’s have a look at those, shall we? Make the conversation about data. After the chit-chat has finished, it’s time to make it clear that we’re getting down to business. One of the...