First Business Club

Prayer for Business Owners

May God bestow me
with sufficient knowledge
wisdom and resources
so as to achieve my mission
of stress free business growth
through personal development
& self dependency
that too
only by ethical means,
not only
in the interest of self and family
not only
for my associates and employees
but for
the well being of the mankind.
May God also bless me
with healthy body and healthy mind
imbibing in me
the true spirit
to spread the benefits of
my knowledge, skills, and resources
to all those who need it.
Oh, Almighty God,
bless me, bless me, bless me!
Amin!

(Copyrights ® with Deepak Gupta)

Mission Statement

“Stress Free Business Growth through Personal Development & Self- Dependency”

Top

Founder Chairman Note

Different individuals & organizations have different business objectives & requirements. One’s requirement is an opportunity for the other. If they both don’t get an opportunity to interact with each other both will lose the opportunity to grow. Fulfilment of each other’s needs, for mutual business benefit, is Business System.

The First Business Club, a non-profit oriented organization aims to make this system smoother, efficient, more effective and secured by forming a group of individuals and organizations to share their business experiences, expectations, resources, requirements and interests etc. with other members of the club and with the non-member business world, in a very informal manner & in a lively environment.

This is a well known fact that ‘Self-employment is the best contribution to support & boost economy. First Business Club is an ideal platform for both, existing & prospective entrepreneurs for confident & successful self-employment.

Deepak Gupta

(Business Strategy & Management Mentor)

I invite to each and every individual / organization to make this noble cause successful for self-development & for the development of individuals/ organizations ,looking for your support, may be support of your experience only.

You may contribute this mission by sending your articles, experiences, tips, by conducting seminars, group discussions etc. etc. Anything which can be useful for prospective and/or existing entrepreneur will be an invaluable support to this mission and ultimately support to the Global Economy.

I have just moved a single step ahead to make a caravan with your support.

With all best wishes

(Deepak Gupta)

Objectives

Long Term-Objectives:
1.	Entrepreneurship Development.
2.	Human Resource Development.
3.	Exchange & sharing of business opportunities and resources.
4.	Enhancement of ethical & professional business practices.
5.	Improvement of competence level of entrepreneurs to meet global business competition.
6.	Improvement of employer-employee relationship.
7.	Promotion of better family management systems for entrepreneurs.
8.	Women entrepreneurship development.
9.	Promotion of group entrepreneurship.
10.	Providing business consultancy services under one roof.
11.	Inculcating knowledge based management practices.
12.	Creating rapport with local, regional, national & international NGO’s, NPO’s, AOP’s and others working in the similar field of entrepreneurship development or other allied fields that can support the club objectives.
13.	Motivating entrepreneurs to change their mindset towards self-dependency from dependency on state incentives.
14.	Educating prospective entrepreneurs to become successful entrepreneurs.
15.	Studying and analyzing entrepreneurship & other skills and providing professional guidance.
16.	Encouraging wider use of information technology & networking practices.
17.	Opening up and Managing Business & Management school.
18.	Improving physical, mental and spiritual health of employers & employees.
19.	Development of self-employment culture amongst youth.
20.	Creating employment opportunities through project launches.
Top

Activities

Major Activities:
1.	Arranging interactive seminars.
2.	Arranging training workshops for employers, employees and for un-employed youth.
3.	Promoting group entrepreneurship.
4.	Providing consultancy, co-ordination and negotiations services.
5.	Spreading useful business information through electronic & and print media.
6.	Arranging group discussions.
7.	Arranging products & services presentations for information and awareness of members.
8.	Launching Projects.
9.	Generating business opportunities.
10.	Opening and managing Business & Management Schools.
11.	Carrying out activities through offline and online networking.

Current Activities
	* Daily (Monday- Friday), Organizational Enlightment Tip by e-mail. * Weekly (Saturday) Self-analysis thought by e-mail For free subscription e-mail at founder@firstbusinessclub.com
Top

Organizational Enlightment Tips

1.	"An organization is typically made up of all kind of performers and has to continuously grapple with the challenges of retaining high performers and yet making other employees feel valued."
2.	"You are surrounded by simple, obvious solutions that can dramatically increase your income, power, influence and success. The problem is, you just don't see them".
3.	Within every business challenge, there is an extraordinary opportunity for a HUGE breakthrough. Even with the most difficult challenges, outrageously successful enterprises never see challenges. They ONLY see opportunities. They constantly ask: “Where is the opportunity in this situation?”
4.	"You can't do today's jobs with yesterday's methods and be in business tomorrow."
5.	"When financial investments stop working to give competitive edge, business credibility still works as better investment tool"
6.	" Successful business owners perform well as Leader, Manager, Administrator, Supervisor & Worker simultaneously."
7.	"The measure of success is not whether you have a tough problem to deal with, but whether it's the same problem you had last year."
8.	"The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes."
9.	"An empowered organization is one in which individuals have the knowledge, skill, desire, and opportunity to personally succeed in a way that leads to collective organizational success."
10.	"Progressive companies already acknowledge and understand that people are the most critical component to business success and, instead of taking them for granted and simply paying lip service to human issues, they are investing in a better understanding of the human domain. "
11.	"Just as your car runs more smoothly and requires less energy to go faster and farther when the wheels are in perfect alignment, you perform better when your thoughts, feelings, emotions, goals, and values are in balance."
12.	"The significant problems we face in life can not be solved at the same level of thinking we were at when we created them."
13.	"Optimism means expecting the best, but confidence means knowing how to handle the worst. Never make a move if you are merely optimistic."
14.	Successful organizations don't run after profits, they work for stakeholders' ( customers/consumers, staff, vendors ,shareholders etc.) satisfaction. Profits automatically comes in.
15.	"The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency. "
16.	Do you understand your motives for your actions-or do you just act on impulse? Impulsive action in business can lead to failure. "
17.	"According to the latest McKinsey Global Survey, top global executives believe that the growing number of consumers in emerging markets (and the resulting changing consumer tastes) will be the most important trend for global business during the next five years."
18.	"There is nothing so useless as doing efficiently that which should not be done at all.
19.	"Some people gamble ,treating it business, some business owners do business like gambling. Both may earn money but both of them are not really in business."
20.	"Just as your car runs more smoothly and requires less energy to go faster and farther when the wheels are in perfect alignment, you perform better when your thoughts, feelings, emotions, goals, and values are in balance."
21.	"If you are not sincere to your customers, holding the top most position, your subordinates and team members won't ever be"
22.	"Statistics suggest that when customers complain, business owners and managers ought to get excited about it. The complaining customer represents a huge opportunity for more business. "
23.	In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later. "
24.	"Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all. "
25.	"Total Quality Management(TQM) is only possible when every person of the organization. involved in the process intends to provide quality products/ services even if customers/ users have no legal rights / opportunity to complain."
26.	"Owners of leading organizations' have faith in themselves, in their team and in their products/services. Unfortunately, most of the organizations fall in opposite category passing on the opportunity to other organizations ,to lead ."
27.	A business owner who is successful in one business can be successful in every business if his success has not been achieved by unethical means, by market boom and/ or by government incentives & facilities.
28.	"The time business owners and their team devotes in criticizing competitors' strategies, if the same amount of time is devoted in strengthening own strategies would definitely prove profitable."
29.	"Unorganized approach, behaviour and activities of the personnel including business owners', is the biggest success barrier to be a trusted brand."
30.	"Vision without action is merely a dream. Action without vision just passes the time. Vision with action can change the world. "
31.	The heart of entrepreneurial management is continually juggling these vital management issues: What is this venture about? (mission and values statement) Where should it go? (goals and objectives) How will it get there? (growth strategy) What does it need to get there? (people and resources) What structure is best? (organizational capabilities) How much money does it need and when? (financing strategy) How will it recognize the final destination? (vision of success)
32.	"In any moment of decision the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing."
33.	A recent study done at the University of Chicago by Prof. Curtis Verschoor and published in Management Accounting found that "companies with a defined corporate commitment to ethical principles do better financially than companies that don’t make ethics a key management component."
34.	Running an organization effectively involves: Leadership: Vision Energizing Management: Efficiency Results Administration: Rules Procedures
35.	"Number of hours you worked is not important, important is whether it is worth doing, whatever you have been doing in your working hours".
36.	"Marketing is not selling and selling is not convincing. The whole planned process & activities from product/service identification to after sales service and satisfying customer/user is Marketing .Selling through honest counselling is real selling."
37.	“The business owner who understands and follow this become the leader of their respective fileds”.
38.	"When faced with possible resistance, consider pre-selling your agenda to a couple of key players."
39.	"Successful business owners concentrate on IMPORTANT & URGENT and IMPORTANT BUT NOT URGENT category of assignments, while URGENT BUT NOT IMPORTANT or NOT URGENT & NOT IMPORTANT category of work is delegated to the juniors or is ignored if possible."
40.	Wrong delegation may even lead to business closure Delegate responsibilities to those only who deserve to perform them effectively."
41.	"Set aside a little time every day in which you will practice a behaviour or skill that you're trying to learn or fine-tune. "
42.	"Surround yourself with strong people. Don't be afraid to admit that you're not great at everything."
43.	"Most entrepreneurs do most of the talking. But the older and wiser one becomes, the more he understands that the answer lies in listening."
44.	"Check your ego at the door. Learn every day from staff, kids, wife or who so ever you meet with. If you ever wake up and think you know everything, shoot yourself..Find a mentor who has been there. Problems are virtually the same in every business."
45.	"The real secret is if you can get a whole team of people to believe in your concept, then it's got a life of its own beyond you. There are lot of companies that are driven by one tireless entrepreneur. Those companies are doomed."
46.	"Fail faster. Don't take five years to find out that it's not going to work"
47.	"Smart business owners are trying to organize telephonic activities as part of their personal and organizational time management excercise".
48.	"Doing right thing is more important to take advantage of doing things right...."
49.	"The start of business owner's unorganized day activities and stress starts from his unscheduled morning activities. control your morning schedule to bring positive changes in day performance"...
50.	"Most of the business owners criticise the employees' performance. Wish they also review their recruitment , staff training process and clarity of employee work profile."....

51.	"Morning thoughts decide our day performance and evening thoughts convey us our day performance. It is essential to manage morning thoughts and get feed back from evening thoughts for performance improvement...."
52.	"Efficient Organizations understand and consider CRISIS MANAGEMENT equally important to other management process"...
53.	"Time is the highly valuable but highly perishable resource and the only recourse available to everyone equally, but it is the most under-utilised recourse.... "
54.	"To create a suitable/positive work environment for better employees' performance, employer needs to think from employee's perspective....."
55.	"4 Cs, communication, coordination cooperation and command/ control are very essential for efficient functioning of the organization. ..
56.	"Every organization is running by the people and for the people. Without human feelings in decision making/ functioning will put organization out of gear, sooner or later...."
57.	Employees' concern Environmental Issues: Employer Responsibility - redesign is needed. Unrealistic standards Poor work station design Inadequate tools available Process needs improved
58.	"Quality of thoughts of business owner and its team members determine the quality of products/ services, any organization is offering to its customers...."
59.	Effective decisions can only be taken if necessary information is available, that too on time and is authentic....
60.	Recently, I was asked if I was going to fire an employee who made a mistake that cost the company $600,000. No, I replied, I just spent $600,000 training him. Why would I want somebody to hire his experience?
61.	'What we are going to achieve' without a clear vision of how 'we are going to achieve' is merely an illusion...
62.	"A single question can be more influential than a thousand statements. "
63.	"A great ad campaign will make a bad product fail faster. It will get more people to know it's bad. "
64.	"Our future survival depends upon our today's functioning"...
65.	The vision must be followed by the venture. It is not enough to stare up the steps - we must step up the stairs."
66.	"Correct measurement of experience is not by the NUMBER OF YEARS one has worked for rather it is related with the SUCCESSFUL SITUATION HANDLING & CRISIS MANAGEMENT HANDLING during one's work tenure."....
67.	"When you think you may have to compromise on your agenda, classify your issues into "can drop," "nice to have" and "must have" categories. This will prepare you for negotiation."
68.	"Remember that people of dissimilar ability can find each other difficult. "
69.	"Refrain from saying, "It can't be done," and focus on how you can make it happen. "
70.	"Do not confuse assumptions with facts, or you may make a major mistake. "
71.	"Express your opinion with conviction, but don't neglect the position of the other person—be prepared to listen and to "Monitor trends in your industry to determine which competencies will become increasingly important. Then, ensure that your organization has employees with these abilities either by hiring from outside or training current staff. "
72.	"If work due dates are missed, discuss the consequences and options with the person to whom you assigned the task. Don't take the incomplete delegated work back."
73.	"Monitor employee progress on a task—but not every hour of the day. If things go wrong, give your employee the chance to put them right by him- or herself. "
74.	"Entrepreneurship is governed by attitude and is supported by resources and passion."...
75.	"When we solve a problem without identifying it's root cause, solution will not only be temporary but might be wrong too, in most of the cases."....
76.	"Ask your employees how their objectives contribute to the unit's success. If they don't know, help them understand how their goals align with the unit's strategic objectives."
77.	"Updated mindset is more important than updated technology"....
78.	"Every step of success path may not be much motivating but is in no way of lesser importance"....
79.	"Show me the business man or institution not guided by sentiment and service, by the idea that "he profits most who serves best," and I will show you a man or an outfit that is dead or dying."
80.	"Its a well known fact that Innovations generate from the mind, not by the technology. May be SMEs possess low technological support but in no way they lack in mental ability & competency. They just need an approach to create something new to do wonders"....
81.	"Publicly recognize and reward people who develop themselves and others. "
82.	"Remember that public criticism only works when group dynamics are the issue"
83.	"An inefficient worker can spread inefficiency much more faster than an efficient worker can spread efficiency."....
84.	"Quality of management decides the fate of the organization."....
85.	"Successful organizations listen well to their most unhappy customers and take necessary steps to make them most happy customers. This is the simplest and miraculous way of improvement & organizational growth."...
86.	Clean organizational environment comes only through clean mind of it's HUMAN ....
87.	"Business owner should visualise the outcome of the negative signals, coming in and to take actions accordingly instead of waiting for the negative outcome."...
88.	"Successful business owners appreciate the other organizational strengths and bench mark accordingly to improve."....
89.	If constructive thoughts are planted positive outcomes will be the result. Plant the seeds of failure and failure will follow. "
90.	"Word BUSINESS ORGANIZATION denotes to ORGANIZED BUSINESS."....
91.	"Smart business owners learn from the past, manage present efficiently and visualise future with open mind and act accordingly"....
92.	When designation and competency don't match with each other, organizational performance and performance of good employees' suffers alot ..."
93.	"Technology can never be smarter than human mind.."
94.	"Limit your personal goals. Genuine progress on your two or three most important goals is more meaningful and rewarding than negligible progress on a dozen less critical fronts. "
95.	"Make your decision, but prepare a fallback position. If you've made the wrong decision, you'll know what to do next to rectify the situation. "
96.	Consider how your organizational structure will need to change in the near- and long- term. Give your employees the chance to adjust beforehand.
97.	"Higher staff turn over and Higher manpower cost will be inevitable in coming times. Better plan accordingly"....
98.	"The worst of Computerisation is that, user of computer rely more upon computer intelligence than own intelligence."....
99.	"Smart business owners utilize TAX BENEFIT ON DEPRECIATION to upgrade their infrastructure, machinery & equipment etc."...
100.	"Share solutions to problems found by one department of your organization with another department team , thereby saving other groups from having to reinvent the wheel."

101.	"Customer Relationship Management is a process based upon Customer Care Attitude of people and is not dependent upon any computer technology. Computer software can only enhance people's efficiency, not attitude."
102.	"Efficiency of electronic communication without processing on hard copies can only be achieved if the person, handling it, is organized & efficient and has necessary discretionary powers to deal with the issue."...
103.	"Manpower & Time are two vital resources of any organization. Multiplication in Profitability automatically occurs when these two resources are utilized efficiently by business owner."...
104.	"Most of the business owners work on COST REDUCTION while smart business owners work on COST OPTIMIZATION "...
105.	"When things are not moving right, don't rush rather follow Traffic Light Rules. STOP- LOOK-GO."..
106.	"All trendsetters and market leaders are not from billionaire families, nor every billionaire could become market leader. One can become trendsetter and market leader without financial strength but not without leadership attitude & vision"....
107.	"There are various motivational factors for employees but all other factors start working when employee is financially motivated."...
108.	"This is prime duty of business owner to set organizational MISSION & GOAL and to generate confidence of his/ her team member by showing a clear road map and business strategy, to achieve real success."......
109.	"High Sales' Volume and Efficient Resource Management are two key factors of attractive profitability."...
110.	"Loss is not what you earned and lost. What you could earn but didn't earn, is loss too rather Bigger Loss.."...
111.	"When most of the business owners are insecure with fast changing business environment & globalisation, smart business owners are busy in looking forward for suitable new opportunities to get best benefit of this environment."....
112.	"Hands of employees can be hired easily but difficult to hire heart and mind, without which hiring hands are always costlier."....
113.	Six word formula of success is -Think things through, then follow through.
114.	"SEED OF SUCCESS / FAILURE generates in our own mind".....
115.	"Smart business owners don't like to rule over employees rather they form a team, command the team to get best use of self and the team members for mutual benefits...."
116.	"Desiring idealistic solutions for idealistic conditions is impressive but desiring idealistic solutions in prevailing condition is always more effective...."
117.	Show me the business man or institution not guided by sentiment and service, by the idea that "he profits most who serves best," and I will show you a man or an outfit that is dead or dying.
118.	"Fast staff turnover is a bitter truth, especially in SME sector. Instead of wasting time on criticizing employees or scenario, smart business owners formulate their manpower strategies accordingly."...
119.	"It is the nature of thought to find its way into action...."
120.	"Encourage people to focus their training and development on areas where they can achieve the greatest impact on organizational performance. "
121.	"Do more than is required. What is the distance between someone who achieves their goals consistently and those who spend their lives and careers merely following? The extra mile."
122.	"WE are fortunate enough that in 21st century we have better technology to help us in improving our efficiency but the most unfortunate part is that this century people have half of the heart & mind on work to utilize this technology efficiently."....
123.	"He earns best profits who serves best"
124.	"In smart business owners' dictionary, all planned expenses are shown as indirect investment"...
125.	"Business scenario is changing very fast. Most of the business owners are busy in day to day activity with old mindset and having short term business strategy while smart business owners are looking forward with adaptable mindset and new environmental approaches."...
126.	"We should be emotionally involved in our business to achieve the best of it."....
127.	Set a good example for others by consistently engaging in solid ethical behaviour and confronting any unethical practices.
128.	"Look at a day when you are supremely satisfied at the end. It's not a day when you lounge around doing nothing; it's when you've had everything to do, and you've done it."
129.	A business absolutely devoted to service will have only one worry about profits. They will be embarrassingly large.
130.	"Do more than is required. What is the distance between someone who achieves their goals consistently and those who spend their lives and careers merely following? The extra mile".
131.	"Enthusiasm and organizational skills are vital to utilize technical skills".....
132.	"Customers rely on brand much more than on an organization, Customers forget companies easily but hard to forget brands. Unfortunately, only few of million business owners understand it"....
133.	"Here is the prime condition of success: Concentrate your energy, thought and capital exclusively upon the business in which you are engaged. Having begun on one line, resolve to fight it out on that line, to lead in it, adopt every improvement, have the best machinery, and know the most about it."
134.	"Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no hope at all."
135.	“An enterprising person is one who sees opportunity in all areas of life........someone who sees the making of a wonderful sculpture in a pile of scrap metal. To be enterprising is to keep your eyes open and your mind active”
136.	"Getting work done from juniors, is an art & one of the most essential skills of every senior"....
137.	"All successful business owners have one thing similar., 'Learning Attitude' , may be they are in their worst phase."...
138.	"Every successful business owner has two coins with him, MONEY & EXPERIENCE. If both are utilized properly, success multiplies faster."...
139.	"Effective leadership is putting first things first. Effective management is discipline, carrying it out. "
140.	"Every business owner can cut prices to face competition. Only smart business owners face competition by refining their strategies."...
141.	"If you can't pay for a thing, don't buy it. If you can't get paid for it, don't sell it. "
142.	"Praying for self HUGE PROFITS may not be much fruitful, because it is a fact that whenever world is prosperous, individual business owner gets attractive benefits for him automatically. So better to pray for all.".
143.	"Prosperity is individual's perception, more than it's quantum or quality."...
144.	"There are people in our team whom we don't like in person, but it doesn't mean that they are not helpful in organizational growth or we can not learn something from them"...
145.	"When confidence level of a person doesn't match with individual's competency level, performance level of the person automatically drops down"....
146.	"Goodwill is the one and only asset that competition cannot undersell or destroy"
147.	"Business is like war in one respect. If its grand strategy is correct, any number of tactical errors can be made and yet the enterprise proves successful".
148.	"Successful Business Owners are simply those who understand that there is little difference between obstacle and opportunity and are able to turn both to their advantage".
149.	"When you encounter recurring issues or opportunities, seek the help of those unfamiliar with the situations to get a fresh perspective."
150.	"Communicate constantly with project team members: hold daily team briefings and weekly team meetings and encourage people to share information and ideas. "

151.	"When recruiting someone for senior position, ask what-if questions to determine how the applicant would respond to tricky situations."
152.	"Ensure that people who work with you and your employees know that you have delegated a task to your employee and that you have given the employee the authority to do the job."
153.	"Make your decision, but prepare a fallback position. If you've made the wrong decision, you'll know what to do next to rectify the situation".
154.	"If your organization can not train your manpower well, you are yourself responsible for deteriorating work performance of the organization and of the manpower as well."
155.	"If your organization can not train your manpower well, you are yourself responsible for deteriorating work performance of the organization and of the manpower as well
156.	"Most of the mishappenings are easily avoidable by little care..."
157.	"If your customers' expectations change in large, be prepared to change your process or system, too. "
158.	"Don't forget: maintain your sense of humor. Humor is the best antidote to stress. We help ourselves and our team members when we give them opportunity and time to laugh "
159.	A successful speculator observes the future, and acts before it occurs.
160.	"People who advocate that there is no word perfect in real, are usually poor performer"
161.	"The very best financial presentation is one that's well thought out and anticipates any questions... answering them in advance."
162.	"It is fatal to treat unethical practices as part of the business..."
163.	"If you get demotivate by your past downfalls, never look backword. If you are able to learn from your past experiences to utilize them in future, your past is an invaluable treasure, save it ...."
164.	"The real certification for any organization doesn't come from any certification agency. This is only customers' perception which decides the future of the organization."
165.	"Identify and plan to avoid the constraints to implementing a plan before you begin implementation."
166.	"Work systems which are easily communicable, are effective too."
167.	"Measure the existing systems. Identify and describe the potential critical processes/products. Establish valid and reliable metrics to help monitor progress towards the project goals."
168.	"Analyze the system to identify ways to eliminate the gap between the current performance of the system or process and the desired goal."
169.	"Improve the process performance. Each process is modified and the outcome is measured to determine whether the revised method produces results within customer expectations."
170.	"In competing for market share, there is no sense trying to draw up a “perfect” strategy. To beat the competition, a strategy that is even marginally superior will suffice. What is vital is the ‘timing’."
171.	"“Perfection” can never be attained in any human endeavour. What was achieved yesterday can be further improved upon today. Creative and innovative thinking is the primary catalyst that promotes growth and evolution of the mankind."
172.	"The wheel of time (fortune) keeps moving, unfolding the scenes of light & shade, growth & slackness, prosperity & hardship and so on. Understanding that the only thing constant in life is the ‘change’, we must face all kinds of situations with equal aplomb & grit, without getting perturbed or getting carried away and always retaining the balance of thoughtful mind."
173.	"In a competitive business world, every enterprise must focus its attention on the basic mission of serving its customers."
174.	"If it consistently succeeds in serving its customers more effectively than its competitors, profits will follow."
175.	"Since work is populated by human beings, occasionally staff will not practice self-discipline. In these instances, address unacceptable behaviour immediately. Almost nothing lowers the morale of your contributing employees more quickly than seeing inappropriate work behaviour go uncorrected."
176.	"In all business processes we must not lose sight of the big objective and keep working towards it rather than waste time, energy and effort on petty issues."
177.	"In selling, the big objective is to win selling rather than outsmarting a customer."
178.	"In working with employees, the big objective is to develop their potential to the full, rather than make issues out of their minor errors."
179.	"It is better to lose a battle and win the war than to win a battle and lose the war."
180.	"If you want to improve something, start measuring it." - Peter Lewis
181.	"Increasing the number of customers you have, increasing the amount of money they spend on your products or services, increasing the number of times they buy from you, is a sure way of increasing your profits."
182.	"A strategy is a long term plan of action designed to achieve a particular goal, Strategy is the bridge between policy or high-order goals on the one hand and tactics or concrete actions on the other. Strategy is at once the course we chart, the journey we imagine and, at the same time, it is the course we steer, the trip we actually make. Even when we are embarking on a voyage of discovery, with no particular destination in mind, the voyage has a purpose, an outcome, an end to be kept in view."
183.	"Managing the enterprise, we must not lose sight of the importance of intangible assets, the immaterial value of companies such as relationships with business partners, brand awareness and new business ideas, and also know-how, corporate culture and the ability to innovate. All these greatly add to the value of the enterprise."
184.	"List the tasks you have to do on a day. Prioritize those that are important, not just urgent. Have a plan for what to accomplish each day. Work toward that plan. Reward yourself when you meet or beat your goal."
185.	"A high percentage of conflict at work (and at home) is the result of ineffective use of language. If we learn to alter our communication and language so that what we say is perceived as more co-operative and less confrontational, there would be less incidents of conflict and less severe conflicts."
186.	"Growth is tricky & stressful. It will also have inevitable bumps. It is always better to have reserve capital to weather growth’s bumps. Reserves don’t have to be all cash—these can be excellent receivables or something else that can be turned into cash quickly."
187.	"Organizing Paperwork is also a tool to improve productivity. There are really only two types of paper; paperwork that needs to be dealt with immediately and paperwork that doesn't. So instead of handling each piece of paperwork many times, handle each piece of paper as few times as possible. Respond to it right then, either deal with it and if it doesn't need a response, such as a receipt or information that doesn't call for any action on your part, file the piece of paper right away in the appropriate place."
188.	"A strategic thinker must have the courage to challenge the conventional assumptions. One way to do this is to ask why things must be done as they are now done. If facing a slump, clinging too long to the conventional wisdom would be a reliable formula for failure."
189.	"To focus more on what amount of revenue an employee can generate for you rather than focussing on what he costs you, is wiser proposition"
190.	"Even fifteen minutes a day to review own actions and its correction can multiply results manifold"
191.	"There is a certain degree of satisfaction in having the courage to admit one's errors. It not only clears up the air of guilt and defensiveness, but often helps solve the problem created by the error."
192.	"Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake."
193.	"Learning without thought is labor lost; thought without learning is perilous."
194.	"The significant problems we face can not be solved at the same level of thinking we were at when we created them."
195.	"Effective leadership is putting first things first. Effective management is discipline, carrying it out."
196.	"Mental attitude is more important than mental capacity."
197.	"Successful business owners concentrate what they need, what they have and what in real they need to acquire further to get a project successful. Other business owners are always disappointed by making a list of the resources their competitors are having over theirs, may be that particular resource is not required for their own strategy."
198.	"If you want creative workers, give them enough time to play."
199.	"To get all there is out of living, we must employ our time wisely, never being in too much of a hurry to stop and sip life, but never losing our sense of the enormous value of a minute."
200.	"Professionalism is not a word to recite rather Professionalism is an approach to understand and to inculcate in self and in all the team members."
201.	"You have powers you never dreamed of. You can do things you never thought you could do. There are no limitations in what you can do except the limitations of your own mind."
202.	"Leadership is not magnetic personality—that can just as well be a glib tongue. It is not "making friends and influencing people"—that is flattery. Leadership is lifting a person's vision to higher sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations."
203.	"MBO- Management by Objectives work if objectives are clear and communicable. Unfortunately, most of the organizations run with vague objectives,Result is 'Management Chaos'...."
204.	"This is a proven fact that performance of a subordinate and his decision of changing job is highly influenced by his Boss performance and behavior."
205.	"Even the most brilliant idea, clear vision, enormous resources, golden infrastructure, most advanced technology, best defined team need effective & efficient management to convert them into best of performance, best of profits, best of growth & best of brand reputation...."
206.	"Globalization is an opportunity not a threat. Alike other opportunities globalization also contains challenges which are to be faced strategically to get best of it."
207.	"All successful business owners create a strong team on top to float the team spirit down to bottom for efficiently accomplishments of the pre- set organizational objectives."

Note: Above mentioned tips have been adapted from various sources including personal contribution by business owners, books, magazines, newspapers, websites etc. We respect to all the authors and assure them that these tips are being published online or are circulated, free of charges only and for a noble cause.
Any misuse of the tips by the reader/ subscriber in any form will be his sole responsibility.

Top

More Tips

Self analysis thoughts

1.	Most of the organizations want to hire younger people. Does it mean devaluation of experince or what?"
2.	To get best of our employees, do we give challenging assignments to them or we challenge them?
3.	As a business owner and being in senior most position of your organization, do you work as a leader or manager or administrator?
4.	"Did I really apply ORGANIZATIONAL ENLIGHTMENT TIPS of FIRST BUSINESS CLUB, IF NO, WHY?"
5.	Do we also follow phone etiquettes to pass on a positive message to employees or we just want our employees to follow phone etiquettes?
6.	Do I plan my day activities and follow them?
7.	Are we spending our precious time to look opportunities in ERA of GLOBALISATION or are wasting time in feeling insecure?
8.	Does "Annual Increment System" of my organization really motivate my employees?
9.	Am I aware that Knowledge Management & Information Management has been identified as essential ingredient of organizational success in 21st Century. What actions I have taken in my organization, in this respect?
10.	"Whether my organization is prepared to face future challenges and to maintain growth as per my expectations and satisfaction"?

11.	"It is well accepted fact that 'Adaptability to Change' will play major role in organizational success. Am I pleasantly willing to accept and acknowledge?"
12.	What are motivating & de-motivating factors at work for me? How can I convert de-motivating factors into motivating factors and how can I avoid negative impact of my de-motivation on overall organizational performance?
13.	Do I take lesson from my mistake to avoid repetition or do I repeat the similar mistake and face the consequences again and again ?
14.	Am I contributing QUALITY & BALANCED TIME to work, family & personal leisure ?
15.	Do I really like a manager who is more loyal to the organization than to me?
16.	Am I efficiently maintaining balance between emotional and rational therapy while dealing with my employees?
17.	"Being Organizational Head are we really more enthusiastic & energetic to be on work than our employees?
18.	SPIRITUALISM IN BUSINESS - possible or just a myth?
19.	Do I share my success benefits with my team members in real?
20.	To sustain longer, what measures are being taken by me to overcome circumstantial negativity of my organization?

21.	Do I follow my daily priority list?
22.	How do I rate my products/services, assuming myself a customer?
23.	In the fast changing business scenario, am I able to comprehend the changes that can affect my business one way or the other?
24.	In the fast changing scene of interlinked global economy, where people are free to compete and consume the best of what is produced anywhere in the world—is my mind taking it as a threat or an opportunity?
25.	Do I have a well formulated strategy for my enterprise? If yes, then is it being implemented effectively?
26.	Do my own attitude, working style and body language always emanate positive and enthusiastic aura to my employees, irrespective of the kind of challenges being faced?
27.	Business Communication is one of the most important tool for business success/growth. Unfortunately Business communication is most interpreted by most of the business owners.
28.	How do I perceive Business Communication and what improvements are required to be more effective in Business communication, at my end?
29.	Am I working whole day to make may day activities smoother or I am utilizing part of my day in visualising future and to make my organization competent to grow in coming scenario too?
30.	Economy of any country can never grow without the positive contribution of its people. Business owner has biggest responsibility and challenges to meet out such conditions.
31.	Am I contributing positively or I am just thinking about my revenue increase, ethical or unethical?

Top

More Thoughts

Admin Office:

First Business Club
# 3252, Sector 15- D,
Chandigarh -160 015 ( U.T.),
Asia, India

E-Mail:
info@firstbusinessclub.com
founder@firstbusinessclub.com

Telephone:
+91 172 2779475, +91 98141 22814

Top