7 Things An Entrepreneur Can Do to Respond to COVID19

7 tactical things that you can do right now

Apart from the very real health concerns raised by COVID19, there are very real financial and economic implications that concern business owners.

7 things business owners can do in response to COVID19

What do you when all your strategy and best-laid plans go out of the window? Strategy works when things are predictable, but in the current unprecedented situation, you need to get tactical.

This is not the time for strategy. This is time to get tactical.

If you’re a business owner or are working in a business that has been affected by the unwinding developments related to COVID-19, here are the 7 key areas you should be focussing on to safely navigate this period.

1. Manage cash-flow during COVID19

Work on maintaining cashflows. Keep a tight eye on this on a daily basis. Have weekly projections. Right now the situation is too fluid to get to grips with. Without this critical information, you are flying your plane blind.

First things first, like in a plane emergency you need to put on your oxygen mask first. Make sure that you have cash reserves to take care of your family for the next 3 to 6 months. Then do the same for your business. Identify fixed costs that are essential to keep your ‘doors open’. Next identify the variable costs and look at how you can minimise, mitigate or stop them to ease your cashflow. A penny saved is a penny earned.

2. Focus your bandwidth on Marketing, Sales and other Income Producing Activities.

It’s easy to get distracted by what’s happening around you. Your competitors are also scared and holding back on ad and marketing spends. This is the time to double down.

The question to ask and genuinely answer is how can you grow sales by 20% while decreasing costs by 40%? Asking a quality question will get you to focus on the right things.

Identify 3-5 things that can generate revenue for you. Don’t try and work on huge goals. Work on things that you can accomplish in the next day or two. Implement them and then see what’s working.

I’m setting up a virtual online marketing mastermind to help business owners generated quality leads. This is the best time to master this new skill. The world is going digital. Businesses need to go digital. You can set up a call with me to take you through the top 3 things you can do to upgrade your marketing. Click on this link to set up a strategy call with me.

Identify key measures that will help you understand if you are making progress. Is it the number of new leads, number of conversations or calls you need to have that can lead to new income.

It’s also time to cut those things that are not working.

(more…)

Top 3 Things Entrepreneurs Need To Know Before Starting

There are a lot of entrepreneurs who get into a business venture but, they really don’t know how to begin their journey.

Top 3 Things Entrepreneurs Need To Know Before Starting

Challenges are part and parcel of the entrepreneurial journey.

If you follow these 3 things, you will handle the challenges, thrive, and enjoy the journey too.

The first thing that is going stop you from succeeding in your business, or in your life, is “YOU”.

The True Entrepreneur is a Doer, not a Dreamer

 

Entrepreneurs need to know these 3 things before they start upon their entrepreneurial journey. (more…)

[VIDEO] Why You Need To Tell More Stories

3 Reasons Why Telling Stories Is A Serious Income Producing Activity For Your Business

Everyone loves good stories. Telling stories is a critical, but often overlooked, a skill every business owner should have.

Why You Need To Tell More Stories

Telling stories is a key income producing activity

Stories will help communicate your vision. If you want to grow your business much faster if you want to lead winning teams if you want to leave a lasting impression upon your customers and prospects. If you want to get finance for your business, then you will need to master this particular skill. Even if you want to improve your relationships, whether it be personal relationships or professional relationships, then you need to learn this particular skill. (more…)

5 Rules That Will Help Improve Your Referral Marketing Campaign

Consumer purchasing behavior has changed dramatically over the recent years. Social media has a great say in the purchasing decisions. In this era of Social media marketing, 90% of consumers trust the opinion of people they know over the band sponsored advertising. Referral marketing also known as word of mouth marketing has proven to be the best form of marketing and its popularity continues to grow.

5 RULES TO IMPROVE

(more…)

The Surprising Reason Why Piyush Lost 14 Kilos Weight While SkyRocketing His Business by 300%

[Case Study]

I have lost 14 kilos weight in the last 12 months while my business has grown by over 300%! This was a message I recently received from one of my mentoring clients, Piyush Bhatia (see the picture). More than the loss of fat he says he feels 15 years younger and feels energetic throughout the day! In fact, many of my mentees have lost anywhere from 6 to 28 kilos in a period of six to twelve months while they skyrocket their business growth! So why is it that so many of my mentees reduce their physical waistline while massively increasing their businesses bottom line? 

Piyush Bhatia

I’m not a dietician nor a personal trainer, but I’m a business mentor. Read on to find out why my mentees get simultaneously healthier while skyrocketing their business growth…
(more…)

Marketing strategies of the top 5 companies

Marketing strategies is a heart of a business plan and play a very important role in promoting the brand. The result of the success of some of the top companies is there long and consistent win over the marketing strategies.

Marketing strategies of the top 5 companies

Today they are more than just a brand. So, what makes the marketing strategies of these companies better than their competitor’s. Do they do anything different?

Let’s look at the approach of each of these brands. (more…)

Top 5 trends Entrepreneurs should watch out in 2018

Another year has ended and the businesses are all geared up for 2018. Thinking about the future can help entrepreneurs come up with better planning, strategies and stay in the competition. There are certain key trends that are swirling and will be significant in shaping the business models next year. (more…)

Top 5 trends Entrepreneurs should watch out in 2018

How to Create a Wildly Profitable Business [FREE Live Masterclass]

Learn the 7 Step Business Success Blueprint

This is the Titan Profit Lab preview. I’ll be the first to admit when I first started my first business it was a disaster. However, over time I perfected my business growth strategy and I built a multi-million dollar business across India called BNI. The secret to a wildly profitable business is to treat your business as a whole system. Once I made this realization, my business became INSTANTLY profitable.

Wildly Profitable Business

To help you put a business growth strategy in action, I’ve created a special FREE LIVE master class: “How to Create A Wildly Profitable Business”

I am going to share with you:-

  • The #1 Myth stopping you from being successful in winning in business and succeeding in life.
  • My BEST 3 Productivity Hacks that will make you insanely productive so that you are able to Double your productivity. 
  • One thing that will 4x your revenue growth
  • What are the 3 key systems you need to scale up your business and which one is the most important
  • I’m also going to share 7 step business success blueprint to build lasting wealth in the fastest time!!
  • I’m going to share my secrets of building a multi-million dollar business working just 3 days a week

Register Online for this FREE preview and join me. Details are below:

Date: 1st November 2017
Time: 4:30-06:30 pm
Event: How to Create a Wildly Profitable Business [Live Class]
Venue: The Oriental Residency
9920160184
Location: P.D. Hinduja Marg, Off SV Road, Khar West, Mumbai, Maharashtra 400052
Mumbai, Maharashtra 400052
India
Public: Public
Registration: Click here to register. FREE

Looking to start a new business? Consider these 4 steps

For many starting a new business not only a means of making a living but also a dream, do all succeed at this? It can be both scary and exciting. Very few of them are able to turn their dream into reality and able to see it grow. I must admit that when I first started my business it was a disaster, however over a period of time I was able to master the business growth strategy and I built a multi-million dollar business across India. Last year I started a new business in a new field. Here are 4 steps to consider before starting a new business.

Starting a new business

Let’s think about the few of the overlooked challenges before running your own business: (more…)

5 Tips To Generate More Top of the Funnel Leads

“If you have more money than brains, you should focus on outbound marketing. If you have more brains than money, you should focus on inbound marketing.” — Guy Kawasaki

5 tips to generate more sales leads

Introduction of the new buying process

With increasing popularity of online and social media channels, lead generation has gone through substantial changes. The concept of buying process has changed from finding customers with mass advertising and email blasts, to “being found” and focus on building continuous relationships with buyers. Here are 5 tips on how to generate more qualified top of the funnel leads. 

Sundar Pichai recently said: “The internet and digital technology will be an engine of growth for the Indian economy. Today, anyone can become an entrepreneur, a developer, or a creator, but it is important that they have the right tools and skills to digitize. We believe it is important for us to invest in training and equipping these individuals and small businesses to accelerate their journey of growth.”

A solid lead generation strategy will help you build trust and capture the interest of your buyer before they are even ready to contact sales.

What can help you achieve this goal and keep your funnel full at all times? Start with these five tips: (more…)