AngelBiz commented on the following stories on BizSugar
Manage an Issue Before It Becomes a Crisis
"Great set of tips on how to effectively manage small issues before they become big. Unfortunately, as you mentioned, many individuals and organizations fail to address them when they are small, which leads to bigger crisis and large damage down the road. Best to nip the problem in the bud."3 Tips to Stop Procrastinating and Just Get it Done
"One of the most effective tools I have found is a simple to-do list on a daily basis. Just make a list of tasks you need to take care of and ensure all of them are completed before the day is over. The key is to include only those tasks that can realistically be completed in a given time. You also have to treat the list as sacred and ensure all items are addressed before the day is over."10 Reality Checks to Verify Your Entrepreneur Fit
"Martin - Very useful list. I would add couple of more items to the checklist. 1) Assess if you can accept failure, learn from it and move on. If you are of the type who takes failure personally and refuses to look beyond that you will not succeed as an entrepreneur. You are bound to get failure at some point in entrepreneurship. 2) In Tip #7 I would also add "Honey" along with Money. The relationship with your wife and family is very critical to your success as an entrepreneur. You will need all their support and encouragement."Four Basic Steps of Cost Management in Business
"Small business owners have to watch their cost like a hawk. It's very easy to get into critical situation when cash reserve becomes low and you can't pay your employees or vendors. These are great ideas. I have few more suggestions in addition to these - delay the need of any purchase to the extent possible, lease as much as you can versus buy, share with others if possible if you must buy, optimize the use if you cannot share with others. The approach of delay -> rent -> share -> optimize can help you cut down your costs."Time Management: 5 Things You Need to Stop Doing Right Now
"Excellent tips. My favorite is #3. It's contrary to what many people falsely believe that doing 2 things at once will make them more productive. I would add one more to this list - Stop trying to do everything yourself. Learn to delegate and outsource non-essential tasks. It is only by focusing on value added activities will you be able to manage your time better."Running a business? Who said it was easy
"Great title. Agree with you. It's never easy running your own business, but on the other hand nothing else gives you more joy than that. That's why it is important to know what you are getting into before jumping in. If you don't have the right qualities needed to be successful at running a business may be you should think twice about it. In my mind the qualities you need are perseverance, self-starting, risk taking, quick decision making and organization."How To Write A Good Business Plan Or Proposal For Potential Investors
"Adeyemi - I also advise my clients to include potential risks and mitigation plans. If your busienss plan includes only rosy items without addressing the big elephant in the room it will not go well with investors. Every company is bound to have some risks and challenges. You have to show you understand them and plans in palce to address them."7 Social Marketing Tips for Small Businesses
"Jesse - Excellent tips on social media. I would also say that staying engaged with customers is very important for small business. Just establishing profile on Facebook and Twitter is not going to make you successful. You need to send time on a regular basis "talking" to customers, answering questions and providing useful information to them."Subscribe
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If You Don’t Cannibalize Yourself, Someone Else Will
"So true, particularly in today's rapidly changing business landscape. History is rife with examples of companies that went puff because they stuck to their old business model, while the world was changing around them. As Andy Grove famously said - only the paranoid survives."