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Tag: Dirty Business Tactics

  • 8 Reasons Why You Need a Business Coach

    Businesses are guided by business coaches, who help owners clarify their vision and determine how it aligns with personal goals. As a result of business coaching, the business owner can take their business from where it is now to where they want it to be in the future.

    Coaching and mentoring are often confused because both roles rely on the years of experience of their respective practitioners. Most importantly, a mentor focuses on advice, while a coach assists the business owner in setting goals and holding them accountable so that they achieve their objectives.

    After introducing business coaching, 96 percent of organizations reported individual performance improvements, according to a study by management consultants Korn Ferry International More than 92 percent of respondents said their leadership and management abilities had improved.

    Owner Accountability is created by Business coaches
    Business Coaches help you identify your blind spots
    Plans that can be put into action are created by Business coaches
    Business coaches guide you to the Right path
    Business Coaches help you obtain venture capital funding for your business
    Business Cocahes help you scale your business
    Business Coaches help you fill in the knowledge gaps
    Business Coaches assist you in overcoming obstacles and achieving your goals
    FAQ

    Owner Accountability is created by Business Coaches

    Holding yourself accountable is a key component of business coaching. However, a consultant and a business coach are not the same things. A business coach is different from a consultant in that they are not paid for their services. However, they won’t do any of the work for you in your company.

    They are there to keep you focused on the end goal and to remind you of why it is important to achieve it. To keep your commitments, they will encourage you. If needed, they’ll act as a sounding board for ideas and point out your business and personal blind spots.

    Business Coaches help you identify your blind spots

    Good business coaches can help you identify your blind spots and help you overcome them. It’s easy for entrepreneurs to get bogged down in the minutiae of their business and lose sight of the big picture.

    A business coach makes several insightful observations about the brand and operations that you might have never considered before. For finding a business coach, it is recommended to use your network.

    Plans that can be put into action are created by Business Coaches

    Active business owners want to know what their motivations are for setting and achieving business growth goals. A company’s owners are ultimately responsible for the speed and passion with which a goal is achieved (if ever).

    No burning reason exists for achieving a business goal if it is not tied to the business owner’s dreams, goals, and plans for himself or herself.

    An owner’s vision of where they want to take their business is clarified, and coaching helps them plan and prioritize goals and strategies that will help them get closer to their desired outcome.

    Coaches assist owners in determining their goals and creating a road map to reach them, according to the company. Owners can benefit from their perspective on the business by identifying which items are merely tasks and which are long-term objectives.

    8 Steps of Effective Planning for Every Business
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    StartupTalkyYash Gupta

    Business coaches guide you to the Right path

    If you’re not sure where you’re going in business, a business coach can be your compass. The results you get from even small changes in your direction over time can be dramatic. When running a business, it’s easy to get caught up in the day-to-day.

    To ensure that you are on the right track, a business coach acts as an objective third party who regularly checks in.

    Business Coaches help you obtain Venture Capital funding for your Business

    To convince investors of the value of your business, a business coach can help you develop communication and negotiation strategies.

    When it comes to this type of financing, a business coach can help you identify your company’s growth potential and develop your skills. You can also talk to a business coach about alternative sources of funding, such as grants or crowdfunds.

    Business Coaches help you scale your Business

    As an example, a business coach could help you choose the right business structure, write a business plan, or start a home-based enterprise.

    You may become overwhelmed as your business grows. While you may be aware that there are many systems that you’d like to streamline or improve, you’re not sure where to begin the process.

    As a result of their unbiased viewpoint, a business coach can help you devise procedures to increase productivity and reduce stress.

    Business Coaches help you fill in the knowledge gaps

    The fact that you don’t know what you don’t know is often the biggest roadblock to success. No amount of Googling will help solve a problem that you aren’t sure how to express or anticipate. Many of my successes can be directly attributed to what you’ve learned from business coaches over the years.

    Investing in oneself should be always your priority. Business coaches are excellent accountability partners who can help you learn, grow, and evolve as a person.

    How To Do Performance Reviews Effectively 2021 | Tips and Examples
    This article talks about Performance Review Tips, Do’s & Don’ts. Good, Satisfactory, Poor, Combination Review with examples of Reviews.
    StartupTalkyAvantika Bhardwaj

    Business Coaches assist you in overcoming obstacles and achieving your goals

    Self-investment is one of the best investments that you can ever make. Having a business coach is an invaluable asset if you are struggling in your career, want to increase sales, or want to improve your business relationships.

    When you have a coach or mentor, they can help you navigate through challenges and achieve your personal goals. Through a mentor who has achieved what I hope to in the future, and by avoiding his mistakes in his professional life, you can accelerate your growth.

    Conclusion

    Finding a business coach who is a good fit for you is the next step if you’ve decided to work with a business coach. Consider asking your network for referrals as a first step in the hiring process.

    Always keep in mind that every business is unique and that a business coach who worked wonders for one entrepreneur may not be the best fit for yours! If your network is unable to provide you with any referrals, begin your search online.

    Verify the business coach’s experience before hiring. Working with a business coach is ultimately up to you. In either case, you should rely on your judgment. After all, you are the one who best understands your business and its needs!

    FAQ

    What do you use a business coach for?

    Business Coach can help you make better decision and set better goals for your business.

    Is having a business coach worth it?

    Yes, if you find a good business coach they can help you drive your business to success.

    Who are the best business coaches?

    Barry Moltz, Tammy Adams, John Mattone, Steve Mitten and Marshall Goldsmith are some of the best business coaches.

  • 4 Startup Business Growth Strategies | Dirty Business Tactics

    Nowadays business owner applies hidden methods for business growth strategies to warm their pockets. The usage of secret methods for the business growth and earn more profit, is not a new phenomenon, as malpractice in business industry is a very old trick. The businesses opt for different strategies to attract the customers to buy their product only and make them believe in the benefits of the product. Well, if you are wondering do all companies follow these tactics, then you are right because to survive in the over competitive environment it’s necessary to play hide and seek. That’s what big brands believe in.

    The dirty tactics don’t mean that they are doing something illegal, they are just being smart and finding a fine line between the legal and illegal.

    In simple words, the business owners are applying hidden methods for business growth strategies to earn their profit within the boundary of the legal framework, but which is slightly out of the social ethics. We have also listed few startup business growth strategies but in order to better understand the dirty business tactics of some big famous companies, let’s study some of the methods they use to trick customers into their web of lies. Before diving in, let’s understand what does one mean by dirty business tactics?

    Understanding Dirty Business Tactics

    It is not alike as the term implies. Dirty business tactics doesn’t mean that business is doing something illegal. However, this is the businesses shrewdness which allows them to earn an extra rupee by wittingly representing deceptive or manipulative ads or by alluring the customers with hidden discounts. Companies can design these dirty strategies to win over their competitors.

    And this practice, in today’s era is being followed by every company whether it belongs to any of the sector. Each and every company is tricking their customers by providing misleading information. So, now let’s move on to the ways or strategies through which businesses alluring their customers.

    Startup Business Growth Strategies

    1. Fake Advertisements

    startup business growth strategies
    Fake advertising

    Fake advertising is the use of false, misleading, or unproven information to advertise products to consumers or advertising that does not disclose its source. One of the most commonly used strategies of the businesses to play mind games with the customers. Till today’s date half of the TV commercial are totally presenting the half-truth or thoroughly aggregate facts. As per the image above the burger is mouthwatering however in reality, the taste and presentation differ.

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    2. Hidden Discount Emails

    startup business growth strategies
    Hidden Discount Emails

    At times your mailbox gets flooded with an alert of mysterious discount offers. When you hurry to open up your email and found out that the mysterious discount of 10%-20% is only applicable after a purchase of Rs. 3000 or above. This is one of the business growth strategies normally used by the e-commerce websites and other online service providers.

    Mainly the free service providers send aggravated emails to the customers to make them get the paid subscription. They will send you nonsense alert messages and conditions applied schemes. So, read all the details before making any decision regarding these hidden emails.

    3. Impressive Phone Calls

    startup business growth strategies
    Impressive Phone Calls

    In a day you receive numerous calls from banks, DTH providers, network company etc with the list of new beneficial schemes. Half of these beneficial schemes are strictly designed for the benefit of the company. But still when the operator says, “Sir/Mam this scheme is only for you” this will hook 80% of people with them.

    Then with their honey talk, they force us to order some foolish scheme and truth behind this reveals after the scheme activation. But there are few cases also seen where after talking with the operator you canceled the scheme and still they keep it activate on your account. This is one of the real hidden methods for business growth strategies.

    Brand Positioning Strategies for Business | How to Make Customers Loyal
    This is the 21st century. You cannot expect a good profit unless customers thinkabout you. Although there is nothing like negative marketing, you still have tomake people think about you. It can be anything. They just have to think aboutyour brand. And all this comes under the term “brand positio…
    StartupTalkyParnas Ghosh

    4. Reaping Insurance Company & Fake Bankruptcy

    startup business growth strategies
    Reaping Insurance Company & Fake Bankruptcy

    Some famous companies use this tactic to overcome their business losses. They simply take the big insurance policy and after paying two three installments, they intentionally create an accidental fire or any other mishap and claims the full amount of insurance. This is a very old but effective method used by many of the big businesses to grow themselves. Sometimes they make a lot of fake paper drill to defraud the insurance company and keep their pocket warm.

    The rarest and oldest trick followed by companies to avoid paying interests to their shareholders and bank loans. The companies declare themselves bankrupt and insolvent themselves. The poor shareholders get stuck and the bank also has to face large loss in such cases.

    6 Ways – What makes a Successful Business Partnership
    We constantly see people and companies collaborating with each other to bringabout successful outcomes. However, it is not as easy to work in collaborationwith people and companies [https://startuptalky.com/tag/companie] as one mightthink. When one starts working in collaboration lots of things c…
    StartupTalkyParnas Ghosh

    The list of hidden methods followed by businesses for growth strategies is very long and we normal person face them every day in the form of sales, schemes, offers etc. The businesses are every day planning new tactics to raid your pockets and they have no moral boundaries in doing this.

    So, there is only one trick to overcome all the dirty schemes of all these marketing experts is to get power in your hands. However, one can wisely generate income for straight forwards way for business growth. Although we would recommend you not to fall for the stupid marketing schemes and use your brain whenever you hear word sale or discount. In short, “Jago Grahak Jago“!