Can a VISION BOARD help your business?


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How to reduce expenses and operating costs: 34 experts reveal the single most effective way for businesses to minimize costs

One of the top priorities for any business is to keep operating costs as low as possible without sacrificing quality. Taking steps to run your business more efficiently can lead to significant cost savings. And a more effective use of resources helps boost profitability without having to rely on pricing to remain competitive. Cutting costs doesn't always mean having to make dramatic changes. Even small adjustments can often make a big difference. To help you identify where you may be spendi...
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Stop asking, ‘Can I pick your brain?’ Harvard researchers say this is how successful people ask for advice

The key to successful networking is to build genuine relationships that are mutually beneficial and the best way to achieve this is by offering to share your knowledge and experience before seeking other people's help. And when it's your turn to ask for someone else's advice, you need to ask for it in a way that doesn't risk damaging the relationship and leaving you no wiser about the problem you need to solve. Here, Gary Burnison shares some top tips on the best way to ask for advice according ...
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How to attend a conference without feeling overwhelmed

Networking provides valuable opportunities for sharing ideas and knowledge, enhancing your reputation, and forging long-term business relationships. Yet for many of us, attending networking events means having to step firmly outside of our comfort zone. And for the most introverted among us, the hustle and bustle of a conference can feel overwhelming. Whether you're looking to advance your career or grow your business, adopting the right strategies for your personality type will help y...
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Business lessons from a car salesperson

Sales is not an easy job. No matter your profession, delivering a successful sales pitch is tough and intimidating. Not only do you need to be brimming with confidence, you need to develop your own sales strategy that convinces prospective clients and closes deals. Developing a methodology takes time, however, and your strategy will look different depending on the industry you're in. For example, pitching your company's multimillion dollar business solution to a Fortune 500 enterprise will not r...
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How to make a million-dollar deal


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Three easy steps to build a strong brand

Building a strong brand isn't just about solving customer problems; it's about outshining the competition. You need to know how much customers care about the problem before you put too much time and effort into solving it, says 3-times founder and early-stage accelerator leader Brian Scordato. And understanding what customers care about most in the product you're developing is key to creating something they love and establishing a differentiated position in the market. Here, Scordato shares the ...
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How entrepreneurs can fight climate change and build a profitable business at the same time

Younger consumers are already driving a trend towards profit with purpose. And with an increasing sense of urgency about pollution and the consequences of climate change, it's a growing trend that's set to become the norm, says entrepreneur Nicolas Brusson. Although entrepreneurs have a duty to build profitable businesses, as global citizens "it is also our duty to engage with the challenge of climate change at a meaningful level, not just as a cursory CSR exercise," says Brusson. Here, he ...
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4 financial reporting tips for startups

Running a new startup is tough. It takes long hours, lots of sweat equity, and tremendous planning. While you may have a handle on getting your startup off the ground and bringing your products or services to market, do you know what you need to do when it comes to your finances? One of the most important things you can do is prepare good financial statements. Why? It's the only way you, your board, your staff, and your investors will know where you stand. Good reporting helps you with financial...
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4 things I've learned from running a startup for 10 years

No one succeeds alone. There's a proverb that says "it takes a village to raise a child" and founding a company is a lot like raising a child. It requires the input of an entire community to gain experience, learn and grow. And while there's no "one-size-fits-all" guide to success, there are some universal truths that can help you steer your new venture in the right direction. Here, artificial emotional intelligence pioneer Rana el Kaliouby shares what she's learned about four key...
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