How To Be An Effective Manager

Being a manager requires a unique set of skills. Being an effective manager requires an even more unique set of skills. You have to possess interpersonal skills, technical know-how, time management skills and the ability to mitigate problems. A manager is also crucial for the team. He or she is responsible for the performance and productivity of the team through various different projects. Let’s take a look at what essential qualities and policies differentiate a manager from an effective manager.

Open Door Policy

This is a must to become a good manager. An open door policy encourages team members to approach you with problems. It makes the project management process much simpler since team members can comfortably communicate with the manager. Marketing managers should especially employ this policy since a there is a lot of creative work and analytical work that goes into creating a marketing strategy for a client or product. This policy allows quick communication.

Comfortable Working Space

Gone are the days when cubicles were the only way an office could be furnished. These days, an open office space punctuated with comfortable sofas and beanbags is the way to go. With a comfortable working space, team members can find a spot that allows them to focus on their work and do it effectively. The open layout is also much more beneficial that having a stuffy, cubicle filled office space.

Collaborative Environment

A team must learn to work closely amongst itself. For this, a manager should invest in project management software. Such tools allow team members to work on shared tasks without disrupting anyone’s schedule. Zapty.com is an online collaborative workspace that lets team members chat, share documents, conduct opinion polls and ask for approval on various matters and also run projects and marketing campaigns. It eliminates the need to shuffle between various tabs and allow members to focus on the task at hand. With easy access to one another, the team will pick up speed and produce the required results.

Appreciation And Motivation

Always make sure your team members know how much you appreciate them. This is a great way to boost their confidence and let them know that you, as a manager, know how hard they work. Motivate them during each project to bring out their best. Remind them that the end result, if successful, will be a team effort where each one of them will have contributed something. Plan team outings to foster team spirit and let them let their hair down once in awhile.

How to Make a Business Trip Run Smoothly: Five Tips to Live By

Business trips are already stressful. Business men seem to be constantly on the phone as they arrange their day around important meetings, struggle to guarantee that they have the proper transportation arrangements to and from every single airport and then they still have to prepare for the actual business meetings. There are quite a few things that can cause unnecessary stress on a business trip, but living by these five tips will help every trip run a little bit more smoothly.

Airport transportation

Some limo services offer worldwide service, which can be a huge relief. No matter where a business person travels, he can rest assured that a reliable limo will be waiting to pick him up from the airport. Most airports also offer shuttle services if they are located nearby the hotel. Having a chauffeur is a nice convenience, but it is not always necessary. Many businesses in the rental car industry offer convenient pick up services as well.

Making sure that reliable transportation from the airport to the hotel may not seem like a big deal, but it can save the day if there is not a taxi service available.

Business Amenities

After leaving the airport and stepping out of a limo, most people on a business trip want to relax. By the time that they realize that the hotel does not offer what they need, it is too late to get a refund, and this will cause some unnecessary stress.

Most hotels offer at least a few business amenities, such as high-speed internet. The less common ones, like a fax machine, may not be available for public use. Individuals that are about to take a business trip can help eliminate this stress by calling to check that hotels have everything that will be needed before making a reservation. If conference calls will be done via Skype or another similar program, it is important to ask about how fast the internet is as well.

A Flight Bag

Right above the importance of reliable limo services is how comfortable the flight itself is. Instead of being one of those people who boards the plane and then has to search around for everything that they will need on a long flight, be one of the people who has everything that they will need in a bag that will fit under the seat.

Make sure to include reading material, headphones, a phone charger and a laptop if it will be used. For those that are going on their first business trip, take the time to do some research about what you should, and should not, bring.

Eating

Eating before getting on a plane will mean that there is more time for sleep. Simply boarding a plane and then drifting away in a peaceful sleep to wake up and only have an hour left to go sounds like pure heaven, and this is what most people should strive for. This can help to drop jet lag, and leave a person ready to go as soon as the plane lands.

Eating is something that should also be considered while on the business trip. Individuals are encouraged to take the time to check out nearby restaurants before they book a hotel room, and call to ask about services at the hotel that they plan to stay at. If there is a current renovation project going on that eliminates room service for guests, it will be nice to know before arriving.

Business trips seem to be known for being stressful and full of eating in a limo while talking on the phone on the way to a meeting. Business trips can be made that much easier by following some of these business tips, like making sure to pick reliable limo services and sleeping on the plane.

Business Trends to Leverage in 2017

There are several business trends on the horizon which may be carried in by the New Year. Being aware of these trends allows you a great opportunity for planning in advance so that you will be able to leverage those trends for your benefit prior to the new year rolling in. The following is a sneak peek at what you can expect in 2017.

1. Businesses are going out of their way to attract top talent thus increasing the importance of doing whatever necessary to make yourself appear amongst the cream of the crop. The best way to do that is by acquiring as many skills as possible to both perform the job you’re applying for and beyond. You should also be willing to go over and beyond the call of duty, be willing to bring a lot more to the table than what’s required, and to also be able to display your willingness to do so when communicating with potential businesses – during interviews, on resumes or on social media platforms.

2. More and more businesses are turning to social media to get a glimpse at potential candidates before making their final hiring decisions. They believe that what appears on social media sites is more of a tell-tale sign about what’s really going on with respective candidates. This trend has become a form of due diligence for businesses seeking candidates.

3. In 2017, companies are leaning more towards being flexible in the workplace, allowing their staff members to have flexible work schedules so they can perform some of their work duties from home.

4. Although hiring staff members based on referrals is not new in the marketplace, it is certainly ramping up. It has become a reliable trend that companies have grown to depend on. It not only reduces the recruitment process, but it also comes from a trusted source – professionals within your micro-environment. Considering that 32% of new hires came from referral sources, this trend is certain to spill over into 2017.

5. Another business trend that is on the horizon for 2017 consists of what’s referred to as emotional intelligence which is an area that new employees should consider adapting to.

Emotional intelligence, also referred to as the game changer in new business trends, involves businesses being more open and transparent. Candidates with emotional intelligence are said to have more flexibility than those who are not developed in this area. This results in employers being more drawn to candidates when they can demonstrate this important skill set.

Those who are good at simply performing their job duties are only meeting the minimum requirement. But those who can demonstrate the ability to be likable, outgoing and trustworthy, as well as perform their jobs efficiently, tend to fit into the corporate culture a lot better. This is what businesses are going for and it’s becoming a new and growing trend.

To sum up, top candidates are becoming more demanding and the new business trend is to hire those who best represent the company. Therefore, it is very important to understand a) there’s fierce competition in the job market and b) it’s important for new candidates to bring their ‘A” game into the workplace.

7 Way to Find Investors For Your New Business

If you have a solid business plan, you may want to look for potential investors. While this is a difficult step, you may want to stay ready. It’s suggested that you should talk to hundreds of potential investors before choosing the right one for your new business. Here are a few good ways to look for the best investors.

Start-up Launch Platforms

You can contact companies that offer research, information and assistance to new business owners. They help you start your business and look for the right investors. These companies have millions of members all over the world. So, you can get in touch with a good company that offers these services.

Angel Networks

Another way is to look for angel investors. They will offer funds in addition to provide advice, mentorship and access to valuable contacts. As a matter of fact, this is all what you need in order to get your business started and then run it with great success. Make sure you do try out angel networks. These organizations have a list of tons of angel investors who help new businesses with their funds.

Crowdfunding Sites

Just like other sources, crowdfunding sites give you access to different types of good investors. They include common people who want to be part of the next big thing as well as philanthropists who want to help others with their dreams. Aside from this, crowdfunding sites may include accredited investors looking for fresh ideas for investment.

Actually, each site has different focal point for incentivizing investors. Therefore, we suggest that you read up on each site to choose one that aligns with the powerful strategic goals you have set.

Incubators And Accelerators

Since your new business is like a baby, you need to work with a good accelerator or incubator. This way you can get the investor resources to grow your business. These investors perform a big role and help you turn your ideas into a business.

At times, some incubators and accelerators provide physical space so you can establish your office. Since other start-ups will share the same physical space, you can share ideas growing your businesses together. Start-up accelerators like Ycombinator and TechStars provide advice and many other services to investors like you.

Small Business Administration

You can also contact the Small Business Administration for funding. The organization has been offering solid programs for the stimulation of the economy. Basically, they offer loans and grants to small start-ups.

Social Networking Sites

Aside from LinkedIn, many social networking websites can help you get in touch with different types of investors. These sites help you to contact investors all over the world. Moreover, they promote your products or services in other countries of the world as well. Some good names in this field include Meetup, Cofoundr, Startup Nation and EFactor, just to name a few.

Private Equity Firms

If your start-up has great potential to grow into a big business, private equity firms can help you. They can provide you with millions of dollars so you can grow your business. You can check them out as well.

Manage Stress In Business To Succeed

Business has its crests and troughs. Naturally, there is an element of stress in business. When you do not do well, stress can accumulate and bring you down even further. Therefore, a successful businessperson is one who is able to manage stress. You can never avoid stress. Managing stress is the key to becoming successful in business. I have shared some methods that can help reduce stress during the course of this article.

Relieving Stress

First, money is important, but not everything in life. You will have to learn to take the losses in stride. It is easy for anyone to preach. Nevertheless, one can reduce stress by having an open mind. This open mind allows us to absorb the losses as part of life. If you manage to do this, you have won half the battle against stress.

Ascertain the facts:

When you are suffering losses, something has gone wrong somewhere. It is advisable to ascertain the facts and analyze your mistakes with a cool head. This will enable you to plan well. When you realize your mistakes, you will not repeat them. Thus, you can find ways to beat the stress.

Identify the cause of the stress:

Stress can be of two types. When you start worrying about things you are afraid of or do not wish to happen, you accumulate ‘Bad Stress’. At the same, when you stress over real issues, you experience ‘Good Stress’. Distinguish between the two stresses and prioritize your fight against stress. This will make your life easier.

Take the advice of experts:

When you take the advice of others, you are simply sharing your burden. Your shoulders become light thereby enabling you to think fresh. At the same time, you get a third party perspective on things. A financial expert can suggest some beautiful ways to get away from financial stress. Taking the advice of such people is always beneficial to you in the end.

Pause and proceed:

This is one of the time-tested methods of relieving stress. Taking a pause or a deep breath can help you analyze things with a cool mind. You usually end up finding the solution to your problems almost immediately. Relaxing your mind and body is essential. If possible, take a break and go for a nice holiday to recharge your batteries.

Take care of your health:

There are many things in life more important than money. The sooner you realize and accept this fact, the better you will start to feel. Your health plays a great role in relieving stress. Taking care of your health is of paramount importance.