Problem Solving Technique for Entrepreneurs

Here is some good news. There is no problem on the face of this earth that does not have a solution. Every problem known to man has been solved a thousand and one times by a thousand and one others. Even though your problem may seem unique to you, others have experienced and solved it. There is a way out and you are smarter than you have ever imagined. Your brainpower and creative ability have the ability to produce a solution to any problem.

Concealed within each problem, is a hidden truth.

How to Deal With Your Competitors Professionally

In today’s competitive world, every business has competition, and if you do not have, one will show up as soon as you start to operate. For any small business owner, competition is a reality and you must thus be prepared to compete and win. To get a clear perspective of the game, let’s pose and ask; who is your competitor? Your competitors are companies that satisfy the same customer need as your company.

 Now, there are two schools of thought on how to deal with competition: one school says that you should strive to kill or eliminate competition and the other one acknowledges that competition is there to stay in a liberalized market; hence companies have to find strategies to deal with it. I am of the latter.

The first thing to do is to identify your competitors.

Tips to Clear Your Debt and Get Your Finances in Order

By Guest blogger Marlon Powell: Debt Consolidation Care

The country is in debt crisis and same is the situation with the households. Most of the people are facing problems in managing their debts. So, is there no relief from this debt problem of yours? You can get out of your debt problem only if you spend at least some time for formulating a proper budget in order to find out your expenses. Though you can consolidate debt in order to become free of the financial obligations, it is much better for you to consider your expenditures too.

Optimizing your finances

In order to optimize your finances you will have to:

t         Take a hard look at your finances – It is important for you to take a hard look at your finances so that you can get a clear idea about your standing. What your financial position is and whom and what do you owe. This will help you to take at least some action in order to bring back your finances on track

t         Get rid of unnecessary expenses – You will have to try and get rid of the unnecessary expenses so that you can lower your spending and save more. This will help you to pay off your debts with the money that you are able to save form your expenditures

Setting and Reaching Goals-Tips for Achieving Your Goals

As an entrepreneur, what do you expect to get out of owning your own business? Do you want to be rich and famous or do you simply want to bring in more money each month to pay extra bills? You must get specific and know exactly what it is you want .How do you find out?

Well you should know your purpose and what you are passionate about. Then write down your goals. As you identify these goals, ensure that they consist of the following six components to attain success:

Customer Service Tips-How to Handle Irate Customers

No matter how good your product or service is, inevitably some disgruntled customers will show up at your business or call to register their displeasure with the level of service received from the company. And some of the customers may be emotional or hysterical about the whole issue. The ability to communicate another point of view to someone who is highly emotional is a very important skill which can be learnt.

The following are 19 skills that work regardless of how emotional, hysterical or unreasonable the other person may be.

How to Attracts Customers; Create a Marketing Message That Resonates

Are you having problems attracting   and connecting with prospects and customers?  Do they seem to be uninterested in listening to you talk about your product or service?  You can change this by creating a message that resonates with the prospect. 

Your prospects are interested in what your product or service can do for them.

How to Start a Fitness Training Business

Jared Kasuku runs a fitness club called Ruflo Fitness Centre. He opened it in early 2005 and is enjoying great success. I have brought this success story to find out what he is doing right and learn what strategies are working for him. I asked Kasuku to join me on a case study interview  to find out how he has managed to successfully run his business.

In this interview you will learn…

·       The strategies he used to achieve competitive edge.

·       Top traits every successful entrepreneur must have.

·       How to start and run a successful fitness training business.

Here’s the download link for the Interview-

·       DownloadText Transcript [ 4 Pages - PDF ]