WEEKLY BUSINESS TIPS

Key, insightful tips to help with your business. We update this weekly.

Top basic management skills all founding CEOs must have
Once again, this is a difficult topic to address because of the varying views across different camps.  Having worked with both successful and not too successful entrepreneurs, there are a couple of common traits that stands out.  This is not exclusive.  I would love to hear from you on this topic ...
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3 negotiation tips to master
Negotiation skills, like the ability to sell, must be mastered by all successful professionals.  In all spheres of live, we are constantly negotiating with or selling to others (whether it is with our spouse, children, co-workers, bosses, clients etc).  A lot has been written about negotiation skills in recent times, ...
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Do successful entrepreneurs take more risk?
According to research performed by Jim Collins, famous for his book “Good to Great”, the answer is NO.  In his book “Great by Choice” (which I strongly recommend), Jim Collins highlights that great companies (by extension – the great entrepreneurs who built and run them over the period of his ...
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Attaining a more productive work life
I had a conversation with a very talented young engineer today.  Now whiles he admits loving his job, he couldn’t help mentioning that it was stressful as well.  How is it that most of us are finding ourselves in that situation?  I believe it has to do with the fact ...
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Where will your business be in 50 years?
Most small business owners I encounter do not have longevity as a focus.  The two common reasons for this are: the business was setup as a lifestyle business or the entrepreneurs do not have the know-how to develop a solid succession plan Working sustainability into your business strategy is a ...
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When does marketing hurt your business?
Most startups these days covet exposure and media coverage, as this has many perks – from branding and referral traffic to SEO. But can this harm a startup, especially if the timing is not right? Here are some thoughts from some of Ghana’s rising experts and entrepreneurs. “Untimely exposure and marketing can be detrimental ...
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Tempted to cut your training budget? Here’s why you shouldn’t
The past couple of years have been rough for most businesses in Ghana.  The energy crisis, coupled with the undesirable hikes in exchange rates left most businesses with cash flow issues.  Companies have had to cut budgetary line items in an effort to maximize cash utilization on critical business spend.  ...
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