How To Take Calculated Risk

From hiring a team to creating a marketing strategy, every business venture involves some level of calculated risk. As a business owner or entrepreneur, risk-taking is simply part of the role.

While it’s impossible to predict how a decision will pay off, there are steps you can take to mitigate cost and uncertainty. Below, we outline the steps and potential benefits of calculated risk. For a condensed version of our take, jump to the infographic. 

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Self Management Techniques

No matter what you do for a living, what industry you work in, or how far into your career you are, it’s likely that you have had the opportunity to work from home at one point or another. While many see working remotely as the ultimate work perk, it can sometimes be difficult to achieve maximum productivity when it becomes your routine due to the many distractions workers often face when working in the same place that they relax.

Successfully managing yourself can be challenging, but it is important to master this skill early and to use it often. This is a crucial skill to master, as those that are able to self-manage are more effective at their jobs and generally are happier and less stressed at work. While some distractions feel inevitable, there are steps you can take to minimize their effect on your productivity. One easy way to manage distractions is to create boundaries with friends, partners, and roommates by letting them know that you won’t be able to interact with them when you are working.

Check out the interesting infographic here

The Psychology of Entrepreneurship

Matthew Hussey’s rise to success as a speaker and a coach has been meteoric. From beginning as a one to one coach working with people in coffee shops, he now runs programs across the globe for people looking to take every area of their lives to the next level. In this video, he provides an informative and powerful lecture titled: The Psychology of Entrepreneurship. It is a long video (over an hour) but it is simply brilliant and an inspiration to all young people

 

Running Board Meetings – Six Tips

This web link has been contributed by Emily Williams

If your entrepreneurial business has just started convening meetings of the Board of Directors, it will be important to ensure you do not end up having pointless lengthy conversations leading to ‘zero results’. With some careful planning and foresight, you can make these meetings livelier, engaging, effective and highly productive.

Please click on the image below to go to the full article

Board Meetings

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