How your Leadership Style Impacts the Success of your Business

Management consultant, blog writer, dreamer

Your leadership style has a huge impact on the way that your business performs. In fact, the way you lead may result in happy, engaging employees. Or your leadership style can cause your employees to be unhappy and may even harm them.

In today’s rapid changing and digitize business world, leaders may find it hard keep up with roles that have to play. Indeed, “If you get results, people will support you, often without caring too much about how you got them; without results, all the style or charisma in the world won’t retain the support of your followers for long”, suggests Jeffrey Gandz in the Ivey Business Journal.

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Making Money Online Requires Analysis, Planning, Effort and Lots of Patience

Management consultant, blog writer, dreamer

It seems that right now is the best time for making money online. According to Statista.com, retail e-commerce sales worldwide amounted to 1.86 trillion US dollars during 2016 and online retail revenues are projected to grow to 4.48 trillion US dollars in 2021.

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Making Difficult Decisions are Necessary to Keep a Business on Track

Management consultant, blog writer, dreamer

Managers making difficult decisions are mostly taken for granted. Someone has to make a decision, and that’s a manager’s job, say most of us. “When you consider why some leaders are successful and some are not, the difference between a successful and unsuccessful leader is often directly linked to the choices and decisions they make”, says Peter Barron Stark, President of Peter Barron Stark Companies.

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The Humanity of Decision-Making: A Business Perspective…

Management consultant, blog writer, dreamer

Even with Big Data, Artificial Intelligence and Decision Support Systems, humans mostly need to make the final decisions regarding which business strategies they will pursue. As result of this, we can’t escape the humanity of decision-making in business environments.

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Home-based business – Important Startup Strategies

Management consultant, blog writer, dreamer

There are millions of entrepreneurs that do their business from their homes. In fact, according to IncFile.com, home-based business was done by at least 38 million Americans during 2017.

Although the idea of doing business from your home sounds informal and casual, entrepreneurs should do the following suggests Casey Kelly-Barton in the HostGator Blog.

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Borrowing Money from a Bank to Start your Business

Management consultant, blog writer, dreamer

Borrowing money from a bank to start your business is not an obvious option for prospective business owners. Unless you are well known, with a track record of starting and running successful businesses, no formal sources of capital are likely to invest in you in the early stages of your business 1.  Banks usually require an operating history to reduce their risk.

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Getting Money for Your Business – Other Individual Investors

Management consultant, blog writer, dreamer

Prospective business owners may approach other individual investors to get money for starting their businesses. A large number of private individuals invest in others’ entrepreneurial ventures. They are primarily people with moderate to significant business experience but may also be affluent professionals, such as lawyers and physicians 1.

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Start your Business: Borrow Money from Friends and Relatives

Management consultant, blog writer, dreamer

If you don’t have enough funds for your start-up business, you may borrow money from friends and relatives. Interesting, however, although the majority of informal investors, family and friends, is often willing to supply funds at negative returns, most prospective business owners will only as a last resort consider borrowing money from them 1.

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Using Personal Savings to Start Your Business

Management consultant, blog writer, dreamer

You, the aspiring entrepreneur, frequently have three sources of getting money to start your business: (1) personal savings, (2) friends and relatives, and (3) other individual investors. Using personal savings to start your business to start your business will now be discussed.

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Bootstrapping – Starting a New Business with Your Own Money

Management consultant, blog writer, dreamer

One of the first and most important questions that most of us ask when considering to start our own business is where the money would come from? The answer for more than 80% of start-up businesses is bootstrapping. Indeed, according to Lahm Jr and Little Jr (2005), the overwhelming majority of entrepreneurial companies are financed through this highly creative process.

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