The goal of every business is to be the market leader and be the best. One of the ways to lead the market is to increase sales and the only way to increase sales is to increase customers.
How do you increase your customers?
The only way to increase customers is to network.
What is business networking?
This is the process of connecting with other business people, searching for clients, and establishing a mutually beneficial relationship with the public with the major aim of selling your business to them. It can also be defined as the act of convincing the entire public that your business is the best.
Key factors of business networking
The goal of the business
Type of business
Type of market
Type of product
It has already been established that networking is vital for every business that wants to remain relevant. However, some factors hinder networking.
The following are the challenges of business networking and their solutions:
It is usually a big problem for businesses to make their network reach a very large population. Consistency in small shots makes a big shot. It is more advisable that businesses start small to become big, rather than starting big to end small. The solution to the problem of networking larger is to discover your niche and start-up from there, gradually the business will expand.
Locating the right people
Networking involves connecting people. it is usually very hard to locate the exact people that need your products and services. The way out of this challenge is to carefully search for people that are relevant to your business, locate your market, find customers that need your product, and network with them. They are the right people. This can be done both online and offline. You can make use of business platforms on the internet to search for the right kind of people for your business.
Despite the large amount spent on networking, businesses still don’t experience a major increase in their income. To eradicate this problem, businesses need to become more resourceful and offer help or resources to others so they can know about your business.
Every business must know that the medium of communication is a major determinant of how successful their networking would be. If communication is not effective, networking will not be effective. Ensure you select a favorable medium of communication for the different groups you are networking with.
Business networking is quite expensive. Not all businesses can afford to network maximally, hence such firms should go for cheaper alternatives. Do everything possible to minimize cost.
The larger the size of your customer, the bigger your profit!
Various factors make for business leadership, one of such factors is attending leadership programs. You might be an effective and vibrant leader, but you are not yet the best. Knowledge makes you better. There are diverse avenues for learning such as reading, browsing the internet, and also attending programs. The latter seems to be the most expensive which is the reason leaders don’t attend programs. Truthfully, leadership programs are expensive, but they offer you the best experience in terms of knowledge, skills, training & expositions.
Why business leadership programs?
Leadership programs have proven over the years to be the best avenue for business growth and development. It avails every business leader the privilege to meet other leaders and professionals. you also gain access to networking with great minds. Leadership programs usually have the most conducive learning environment in comparison with reading articles where you don’t get to meet the writer. Leadership programs are the best place to ask your questions and get professional answers.
Benefits of Attending Leadership Programs
Learn how to increase employee engagement
One of the major concerns in business leadership is engaging employees. Some leaders utilize their employees, some underutilize, while others don’t engage them at all. You must know how to engage your employees because they are assets of the business and their input determines the business output.
So many leaders are frustrated because they never know the best option to select or the best choice to make. When you attend leadership programs, you would be gain clarity, mastery, and knowledge to make wise decisions.
There are a lot of leadership styles beginning from authoritarian to servant leadership. But not all are suitable for your business. How would you identify the best for your business? The only way to identify the best is to attend leadership programs because the speakers are more experienced.
Majority of business leadership programs also offer skill acquisition training for leaders to provide them with the best skill set for the growth and development of their business
Learning and development
Remember, you don’t know it all. Make efforts to continue seeking knowledge as this will help boost your business. Gain knowledge from people that are ahead of you, so that you can get exposure and inspiration for your career path.
The best place to make connections is at leadership programs. It offers you the opportunity to meet professionals who do better than you do and also have ideas that will make your business grow and even proffer solutions to other real-life issues.
There is no shortcut to success. It demands to learn. Learning is continuous, never stop learning. Learning is continuous, never stop learning. As they say, the fast way in is also the fast way out. Don’t rush into success and rush out.
Take your time and see how long-lasting your business will be!
There is a lot of difference between knowing the right thing and doing the right. Knowledge is not enough, applied knowledge is essential. Ethics simply means principles that guide a person’s conduct especially a member of a profession, while ethical business leadership is directing your business with respect for moral beliefs, values, and also for the rights of others. Its major concern is ethical advancement and virtue. The most important word in ethical leadership is moral conduct. Sometimes, doing the right thing may seem hard or hurting but an ethical leader must still do the right thing. The major concerns of business ethics are:
Society: every ethical leader has to ensure that the activities and operations of the firm are not harmful to the society, lives, and properties of the members of the society. Every business owes the society the right not to be misled by the information released about its products. The last responsibility of the business is to give back to society. (Corporate social responsibility)
Employees: They are the greatest asset of every business. The success and development of the business depend on their input, abilities, and skills. It is therefore paramount that you treat them very well. i.e. pay salaries when due, provide working equipment, suitable working conditions, and qualitative training. If your employees are better, your business will be better!
Customers: They decide the future of the business. The business, therefore, has an ethical duty to provide standard goods. It is a punishable offense for a business to produce sub-standard or harmful goods.
Principles of business ethics
The right thing for every business is to obey the laws of the country and also the rules and regulations relating to the business.
Reputation and morale
A good name is better than silver and gold. Every ethical leader must ensure that the reputation of the firm is not dragged in the mud.
Every good leader must account for the resources of the firm accurately without mismanagement.
Respect for others
Ethical leadership entails equity. Everyone deserves to be treated well, respected, enjoy human dignity, autonomy, and privacy rights, regardless of sex, race, or origin.
A business that is not fair is not ethical. Your business must be opened to the public, willing to admit wrongs, committed to justice and equal treatment of individuals.
Stay true to your customers, be devoted to the society at large and never do anything that will harm the public
This connote wholeness of character demonstrated by the consistency between thoughts words and actions.
An ethical business leader must always be honest in all of their dealings with people as this affect the reputation of the business. Honesty is the cornerstone of trust.
Doing the right thing, is doing a good thing. Never compromise standard. It is inestimable!
Every business that is set to lead must be ready to learn. Articles are stories, report or opinion piece in a newspaper, magazine, journal, etc. the stories of others and opinions are usually a very good guide on the ladder of success. no man is an island of knowledge, so also is business. There are millions of business leadership articles available on the internet for your business to learn from.
Features of a good business leadership article:
Direct: you might claim to be knowledgeable, but you don’t know more than people that are ahead of you. Most of the writers of business articles direct the path of their readers and make them effective and efficient in business.
Teach: articles don’t only direct, they also teach you the exact things to be done. Be open-minded and be willing to learn. Articles are a collection of the information needed in your line of business and the writer has already simplified and put them together in a way that is direct and easy to read, so that you do not have to waste time, checking through many websites on the internet for the same information you can get in one single article.
Guide: The best way to avoid making mistakes is to be led by people that know better. Articles guide every reader as to the step and decision to be taken. If your business is properly guided, it will never be stranded! And it is good that most times, this guide comes from those who are experienced in your line of business, so their advice can be trusted.
Instruct: This is an advanced method of teaching. A good business leadership article will not only teach, but it also instructs the business on what to do. Instructions may seem hard but following them elevates your business. Due to their direct and straightforward nature, instructions yield results faster because they have been tested by time and experience by those who have gone before you in your line of business.
Motivate: One important feature of an article is motivation. The benefit of reading is to get encouraged. Articles also provide the incentive to stay in that business. Life generally can be difficult, but running a business can be even more difficult, and sometimes, you need some morals or vibe to keep you going. This vibe can be found in articles, and you may find the motivation to keep going and never give up.
Importance of business articles
They are solution providers.
They increase your knowledge and boost your productivity.
Personal growth & development.
Business growth and development.
They provide a guide and map on how to run your business.
Readers are leaders. Continue reading and learning, it is the best way to becoming a business leader!
Knowledge is power! There is no business without secrets. To succeed in your business, you must trade secrets. One of the ways of discovering the secret of your business is to attend conferences. There is nothing more helpful than conferences. The advantages of attending conferences are innumerable.
Check out the best leadership conferences in 2019!
Leader cast live
The conference gave practical guidance on how to enhance your leadership, both for yourself and your team. It held in Duluth, on May 10.
World business forum
This conference held in New York, on November 20-21. It is for anyone whose goals include growing their business sporadically, cultivating unique delivery among teams, and also developing an organizational system that amounts to success in years to come. The event included speakers who are entrepreneurs, thinkers, and sportspeople. The conference also focused on issues most relevant to business people and also provided the best way to meet and network with successful people in their profession.
EY strategic growth forum
This forum is recognized for bringing together experienced and vibrant speakers from the different continents of the world. one of the features of this conference is that it allows spouses to come and enjoy the festivities as well. Ernst & young gains the trust of the people by giving support to entrepreneurs. It is concluded with the yearly United States national awards ceremony, which is known as one of the largest gatherings of entrepreneurs in the country.
This conference is gradually becoming North America’s fastest-growing technology conference as well as the largest gathering of entrepreneurs. It reached 25000 attendees last year, been its sixth year of existence. There are several speakers usually present at the conference.
Tugboat institute summit 2019
The institute summit held on June 25-28. It is a membership organization that connects CEOs from various sectors to share their experiences and knowledge for others to learn. There are usually purpose-driven leaders who can build and scale private and market-leading businesses. One of their best characteristics is that they are selfless. They are considered one of the most influential companies in redefining success.
Forbes 30 under 30 summit
One of the largest conferences with a large number of speakers. Their speakers include young entrepreneurs, investors, and celebrities to learn, share ideas, network, collaborate, and recruit. Every attendee of the event attested to the fact that they met unique experts who challenged their perspective and resulted in much more personal growth.
Learning is a cycle; it never comes to an end. If you want your business to succeed and lead, then learning is a must!
To be a business leader is the dream of all businesses. In attaining the peak of your business, you must know that what works for one individual or team may not work for another. This does not dispute the fact that not all methods are correct. Every business that wants to lead must recognize their best style of leadership to ensure effectiveness. your style of leadership is as important as leadership itself.
Below are some effective business leadership styles:
This style positions the executive at the center of the decision-making process. They direct other members of the team on what to do and how to do it. Executives do not take part in the activities of the organization, they only direct and monitor the team.
This style is better than the former as it empowers employees with increased influence, responsibilities, and also involvement in decision making.
It is a very good style as it enables all group members to make a decision, but it is usually negligible in practice.
Do you always control employee and tell them exactly what to do and what not to do? If yes, you are a direct leader. One of the advantages of this style is that it employs transactional techniques such as rewards and punishments to drive results. Direct leaders don’t intentionally seek dominance, but they believe domineering is the best way to get results.
These leaders are the most respected and honored by employees. They directly work with employees to create a vision and identify change. The style is very effective because they inspire their team through communication and collaboration. Transformational leaders serve as a role model for other team members.
This is another leadership style that fosters growth, and development in the business. It encourages collaboration, trust, and empathy. This style demands long term commitment, accountability, and loyalty. The servant leadership prevent control over employees, avail the managers’ opportunity to trust their team members, build confidence in themselves and their team members.
The bureaucratic style operates with rules. It is very rigid and makes every member follow set procedures. Every business that desire innovation or creativity must never adopt this style because it restricts the activities of members of the team. It is most preferred by routine-oriented jobs.
Leaders in this style focus on exchange i.e. accepting a job is a sort of transaction. When you agree to take a job, you have to complete the outlined task and follow the leader’s instructions. This style enhances clarity of job.
Getting the peak of your business is not the problem, but sustaining your position is more important. Your style of leadership will help sustain your business position. Select the best!
There is no business that you want to venture into, that is new. Some certain individuals are ahead of you. You have the challenge of surpassing these individuals to be the best. To be a business leader, you must be willing to sacrifice and be diligent. Most times, you would be discouraged about the business, some other times, you would be confused about want to do. Irrespective of this circumstance, being the best must remain your priority.
What is business leadership?
This is the ability of a firm management team to set goals, achieve goals, make intelligent and smart decisions and ensure they do everything within their ability to be better than their competitors and set the pace for others to follow. Setting goals are not usually the major task, the most profound task is achieving those goals. Many factors can help your business achieve her business goals and be the leader in that business.
Here are proven business leadership tips:
There is no secret anywhere. If your business must lead, you must disclose all important information to your employees, and everyone involved. The alignment of corporate goals with individual goals is very crucial. Ensure your team is aware of all the necessary information.
Every member of your team is important. You must engage all of your team members, and ensure you are a selfless leader. Be caring, respect your employee’s opinion, and always observe their thoughts, feelings, or state of action.
This point is crucial in goal setting. You must know that some goals are not realistic and will waste the resources of the organization and even the strength of the employees. If your goals are not in line with the vision of the firm, then it should be canceled.
Plan & Strategize
This is the arrangement and control of the resources of the business to achieve the goals of the organization. Every business that desires success must ensure they plan effectively. There should be no assumptions, all facts and figures must be accurate. Planning decides the future of the business. Decide your method of production, cost strategy, your market, your niche, your price, how to compete, etc. when your business fails to plan, you already plan to fail!
Clarity of vision and communication to workers
When the purpose is not known, abuse is inevitable. The goals/ vision of the firm must not be ambiguous. The business leaders must also ensure they communicate the vision clearly and effectively.
Motivate & reward
Everyone needs motivation and reward. These two factors make employees do better and encourage them to meet the target of the firm.
The last factor here is to make sure your business earns the trust of customers. Ensure that your product details are true and never misleading.
The major aim of a business is to maximize profit. Do everything to make your business profitable. Stay at the top!
As mentioned in any good leadership courses guide, Online Leadership Courses are a brand new methodology of gaining accredited information of leadership, without requiring the participant to actually attend a campus. This enables online leadership levels to be flexible across the needs of the participant, resembling a full time job or family life. Being able to take a leadership course online can in many instances, allow an employee to aquire the ability set wanted to grab a promotion, when their firm fails to deliver what it promised on leadership improvement needs and courses.
This guide to online courses will include the following topics:
1. When are online leadership courses the best choice?
2. Tips on how to tell which online courses are real, and those that are scams
3. What’s the distinction between a leadership diploma from University vs a College?
4. How a lot does an online leadership course cost?
5. Do online leadership courses require sensible hands-on expertise?
6. Which leadership courses online do I Advocate?
Before I get into the depths of this article, let me bring to your attention that I have no connections (affiliate or other) with any of the online leadership course suppliers referenced in this article, and I’m offering impartial advice. This is applicable in reverse too, as I can’t be held accountable for information held on external websites linked to in this article for which I have no control or responsibility over whatsoever.
1. When are online leadership courses the most suitable choice?
Online leadership courses are often taken as a result of different leadership coaching options, reminiscent of leadership lessons, leadership coaching, or leadership development programmes are too costly or not versatile sufficient for the users needs. You need to in all probability look online in case you want to spend under £1,000 for a leadership course, or in case you are working full time and will not be able to attend evening courses within the native area.
2. Find out how to inform which online courses are actual, and that are scams
Being able to tell which online leadership courses are reliable and respected qualifications, as apposed to false websites created by fraudsters is becoming increasingly difficult. Nevertheless as a seasoned internet veteran, I’m able to cross on just a few suggestions that may show you how to uncover whether or not the dream course is in truth a nugatory piece of paper.
Tip 1: Verify the Google PageRank of the website. Google pagerank is Google’s measure of how important a page is on the web. A rating of 0-2 suggests a page is just not linked to by very many other vital websites, nevertheless a score of 6-10 ensures that the site is extremely reputable. Navigate to the house page of the online course supplier you search to purchase a course from. Then enter the online handle of that homepage into the sector in this pagerank checker site. If the pagerank of their homepage is 2 or less, there is a very excessive chance that the college has little real presence on the internet. If the pagerank is three-10, then this take a look at is much less conclusive.
Tip 2: Verify the Alexa rating of the website. Alexa rating (A service run in the end by http://Amazon.com) is an estimator of the number of visits a website has. So again, copy the homepage tackle of the course supplier, and paste now into the sitesearch perform of Alexa. This should display the worldwide Alexa visitors rank of the website. If this determine is more than 300,000 then the web site in all probability receives not more than 2,000 visitors per day. If the website is ranked within the prime one hundred,000 then this suggests the site receives a excessive volume of visitors (5,000+ per day) which suggests authenticity.
Tip 3: Verifiy accreditation with the accreditation authority. If a course supplier claims to be accredited by an state-run national body, then be sure to give them a call and check. If the accreditation organisation shouldn’t be government-linked, then evaluate the authenticity of that website utilizing the identical tips right here, as typically criminals create total accreditation networks simply to lend the aura of authenticity to their empty words.
Tip 4: Take a close take a look at the price. Does it look like suspiciously low? Remember that even £500 for a course that accommodates several hours of 1-to-one phonecalls with a tutor is a bargain. If the positioning guarantees lots of of hours of learning, with a price ticket of lower than £200, you need to be wary. ‘Colleges’ that value themselves like this aren’t essentially deceptive or scamming people, however their degrees will often carry no actual recognition.
Tip 5: Look out for warning bells within the wording. Does the course seem obsessed in regards to the idea of certificates and being able to present proof to anyone who calls? Does the wording spotlight that “The certificate is not going to comprise the phrases ‘Online'”. These are both warning flags that suggest the product itself is simply a decent-wanting fake certificates fairly than an actual qualification that can develop your leadership skills. Individuals who acquire these are merely seeking to artificially pad their CV so as to land a job, and are harming the neighborhood of leaders who commit time to growing their leadership qualities.
Tip 6: Scan for spelling errors, this is an instantaneous trace that the web site has not had a lot time spent on it.
Tip 7: Search for contact details, addresses and telephone numbers. If the positioning only incorporates a form to fill in, be worried. If the web site solely accommodates one cellphone quantity, that is additionally a warning flag – and means that the course supplier is barely built to make sales and to not handle participant queries.
These 7 tips ought to allow even an online beginner to come to an inexpensive assessment of a course supplier’s validity. If you’re nonetheless utterly not sure, do not hesitate to get in touch with me (via my contact page) and I may be able to give a second opinion by either vouching for the positioning, or warning you to remain away. There should still be web sites I can not confidently conclude upon however.
3. What is the difference between a leadership degree from University vs a College?
The key difference is recognition and employability. In case you are involved in gaining a leadership qualification to assist you in performing your job appropriately, there isn’t a purpose for you to discriminate between the two. Nonetheless should you’re on the lookout for a good course that may present a solid career development mark on your CV, then sticking with a big or medium sized university will guarantee your qualification has some chew behind it, and won’t be met with cynisism.
4. How much does an online leadership course price?
Management course prices range broadly, from £39.99 for a three hours introduction to leadership idea from LearnDirect (here), to £2,000 a year for part time leadership-related bachelors degrees or masters. It closely relies on what level of information you wish to gain from a course, and over what time period you’re ready to study.
5. Do online leadership courses require practical hands-on experience?
Typically speaking, online courses such as diplomas make no such requirements. All work is graded primarily based on knowledge-based studying equivalent to essays and exams. Only courses with a physical grounding at a campus or native college will seemingly ask you to engage in real case research and suggestions the results. The benefit of this sort of learning out-weighs information alone, and this demonstrates the trade off between the conevience of online courses, and educational merits of fulltime courses.
6. Which leadership courses online does Management Professional Suggest?
We are currently researching the totally different online leadership courses obtainable to UK and International members, and will update this text is due course.
A Neumann & Associates has become one of the most respected NY business broker firms having 25+ years of experience. The firm has expanded to not just a Business Broker but also provide excellent service to New Jersey and Pennsylvania businesses. Professionalism and confidentiality has built a reputation that has helped us grow into leading tri-state area firm that businesses can count on. A Neumann Associates represents a wide variety of NY Businesses as well as NJ and PA throughout over 25 years of experience. Provided services include appraisals of a businesses’ worth, business valuations, business transfer process assistance including selling companies valued at millions of dollars and help buyers find businesses.
Confidentiality is our first priority and starts our Selling Advantage. We have an outstanding reputation along with a network that is expansive exposing businesses to more buyers which can result in a great situation of multiple offers from business buyers when your business is for sale. And the services are all provided without charging upfront fees.
For our Buying Advantage it starts with our outstanding reputation, includes our expansive network and contacts crucial for financing allowing business buyers to secure the needed funds to purchase a business at a fair market value. As always, our first priority is Confidentiality, heavy assistance with all due diligence efforts is also provided including needed data verification.
Business Valuations and Appraisals
For the valuation of private owned business, our firm offers a comprehensive set of business services for mid-market, for sale businesses. The first step in Valuation of a Business is very essential. This is the step of attributing a proper value to the business. We urge all sellers to have a business valuation completed by an independent, third party before sale of the firm. Buyers in fact do not consider a seller serious if they do not have a current business valuation completed. Additionally, avoiding use of an in-house valuation is strongly recommended and is very important from the perspective of the buyer. A conflict of interest exists and the objectivity of the business valuation becomes in question, a third party valuation will in fact be considered objective.
Valuations are often conducted for estate planning, partnership complications, matters with the IRS, financing purposes, etc. Each business owner has a unique situation and need for a business valuation. As a NY Business Broker we often have accounting firms, law firms, estate planners, etc contact us for valuation service and assistance with their business owner clients.
Business Seller Representation
Selling a business is a once in a lifetime event for most business owners. A recent IBBA study suggests that “75% of owners have no idea how they will exit from their business.” It is no surprise that experience with business transactions is lacking when this is most often only a once in a lifetime event. The unfortunate truth is that significant errors can result that the seller can ill afford. We assist with avoiding these errors and helping business sellers through this crucial once in a lifetime event. With over 100 years of business transaction experience, our NY Business Broker firm’s expansive network with over 1000 affiliated Merger & Acquisition professionals provide the best results to potential business sellers. Full advisory services are provided from the very first step all the way through final closing and beyond.
There are over 30 different networking organisations in the Reading Berkshire area. It has been said that you could network all day every day if you wanted too but which organisations are the best ones for you?
After a year of trial and error I have experienced a variety of different groups that could work for different people and different industries. The BNI which stands of Business Network International is the most successful networking organisation in the world. It was started in America by Dr Ivan Minster and has been the bench mark of profitable networking ever since. Their Ferocity is Givers Gain, if I give you business hopefully you would like to give me business in return.
Their meeting are very structured and are on a weekly basis starting promptly at 7am and finishing at 9am. This has been questioned by a lot of people saying it does not let working Mums have the opportunity to join and these people have now started to run afternoon meetings in its place. There is a lot of commitment when joining BNI not only financially but time wise as well, but if you are prepared to do all of this then you really get out what you put in.
Ladies who Latte meets at the Copthorne Hotel in Reading once a month and as suggested in the title this is an all women networking event. There is a turn out of about 20-25 women and is very much a social lunch as well as business events. Most of the women attending these Ladies who Latte meetings are promoting products, massages, holidays and the like. Most are generally working part time or are just stepping out into business.
Mary Flavelle networking takes place all over the Berkshire area but the nearest one to Reading is in Bracknell at the Bear Keller by the John Nike Centre. This is a monthly Networking Event run by Mary herself. Mary is an extremely passionate and fun person to know and her breakfast meetings are extremely popular and up beat attracting a group of over 30 local networkers. This is a group not to be missed.
NRG Networking is run by David Clarke at Wokefield Park in Mortimer. This is a lunch time meeting. They run business seminars before each business networking lunch. These pre-lunch seminars cover business or personal development topics as well as giving people the opportunity to network. Seminar topics are chosen with the independent professional in mind. The kinds of people that attend this event are mostly experienced business owners.
Duffnuts is a new local networking group which is run by some experienced local networkers. This is a free event which takes place at the moat house in Sindlsham on the last Friday of every month. There is usually a great turn out of about 25-30 local business people. There is free parking out side and you are able to order some lunch from the restaurant if you wish. I have found there to be a lot of regulars that attend Duffnuts so it is a great way to build strong relationships.
Word of Mouse is a franchise and was started by the directors of The Business Referral Exchange. The idea of this networking group is to network on line and off line and costs £25 per month which you can pay as you go. When using the web you join a power circle and there will only be one person from one industry in each circle. The area coordinator will arrange monthly meeting and make sure that everyone is contributing effectively and will help and improve when needed.
Networking in your local area is very important not only to achieve referrals and to make local connections but to give and receive great advice as well. The idea is to not sell to the room but to make strong relationships which will hopefully result in business in the future. Networking should not be a short term fix and if you go in with that attitude then you will come out with nothing. Make sure you have goals for networking just like you would with any sort of marketing and advertising so you know what you want to achieve out of each and everyone. This stops people treating the networking event like a socials meeting.