Category: Business

Definitions of Consultancy on the Web:

• A contract to provide services which meet all the following criteria: expert analysis and advice which facilitates decision making of a specific task or a set of tasks involving skills or perspectives which would not normally be expected to reside within the Department making the decision.
• The practice of giving expert advice within a particular field or area.
• The practice of helping companies to improve performance through analysis of existing business problems and development of future plans.

To shed some more light on this subject let’s turn to the World Wide Web. If you do a search on Google for business consultancy, here are some of the top businesses that show up on the first page of results:

• IBM
• Accenture
• Deloitte

These are some of the biggest and most reputable consultancy companies in existence today. Small businesses would probably be more suited to a smaller consultancy firm.

A more recent offset of business consultancy is something called Business coaching. Business coaching is a fairly new profession that has started to gain popularity in the business sector. Its origins appear to be from the sporting arena where coaches have helped athletes achieve their goals for … Read the rest

What are the standards of the business elite? In order to be the best you have to make sure you are in position to be the best. There are many different criteria’s of elite status such as revenue, industry leader, milestones, awards and etc. When you are elite it has nothing to do with anything, but work ethic. Researchers may argue that zodiac has a lot to with success. When you are born make sure you understand homework and application is what defines success.

The elite can be a tough job. Elite status comes with a lot of criticism. When you make it the top people won’t give you praise you or have your best interest. When you pay employees your employees sometimes can become your worst enemies. Anyone with inside information can destroy a company since they know when a company is making moves. When your an elite leader you can become the best by doing things the right way. The business elite have one goal in mind which is to be the best.

Building a business can be a tough trick there is no way to sustain success. Most people when they get to the top feel they … Read the rest

Trust

Before there can be anything meaningful and lasting in a relationship, there must be a mutual level of trust. Trust, however, takes time to develop.

I have known David Begin, my current partner in various ventures, since 1991. We met when we both worked for a large software company, and have remained friends over the years. Our families have travelled together, and we have developed a close bond over time. When the opportunity first arose for us to partner on a business, we had already developed a deep trust at a personal level. This trust has been the basis of our business relationship. We rely on the fact, as good partners must, that we have each other’s interests in mind – we have each other’s backs in any situation. We try to consider what’s best for the other person, and what’s makes most sense for the business overall.

If you have the advantage of considering a partnership with someone with whom you have a long-term relationship, then trust should already be established. But what if you have recently met the person you are considering going into business with? How do you develop trust in a short period of time?… Read the rest

One life lesson I learned long ago is that until you know how someone is about money, you really don’t know how that person is. Money has the ability to reflect the best and worst in people. We all know it but somehow when it comes to partnerships of all kinds we all too often play people pleasers numbed by the novocaine of looking bad.

There are 3 types of potential partners one takes on in business. They are as follows.

• Friend
• Family Member
• Business Associate that has become a friend of sorts.

The most common reason one brings a business partner aboard is the worst reason to do so. The most common reason is to “share the fear”. As a business coach I have found this to be the case nearly every time someone wanted to bring on a partner. Whether they knew it or not, they wanted what I call “a liability sponge”. The logical follow is that once the fear has worn thin, the partners begin to compare who is doing more or less than the other, who is taking more time off, who comes in late and the list goes on. The partnership begins to look … Read the rest

Your success quotient is made up of skills, knowledge and attitude with attitude accounting for 85%. Carol S. Dweck’s book, Mindset The New Psychology for Success, supports how important attitude is, but adds an additional premise that you have to be open to learning rather than closed to learning. According to Dweck, the world is divided between people who do and don’t have an open mindset. Those who do have an open mindset succeed, often outperform and lead happier lives as compared to those with exceptional skills and knowledge but who have a closed mindset.

Strong differences in people’s backgrounds, experiences, education and training have all been used as a way to explain why some of us achieve success and many of us fall short. According to Dweck, mindsets frame the running account taking place in people’s heads. They guide how you interpret things. The fixed mindset tends to judge failure as a loss and re-enforces its view of failure with internal monologues such as: “this means I am a loser,” or “this means I am not as good as they are.” It also tends to support shutting down, not trying again or giving up. Growth mindset people on the … Read the rest

In order to become a chauffeur, you may be required to take some courses which would teach you proper methods that ensure the safety of your passengers at all times. These courses can teach you how to control your car if you get a flat tire while driving at high speed and how to remain calm if your vehicle goes out of control. Many companies may even require you to take their own courses which would show you what is to be expected from a chauffeur that works for their company. These courses could include teaching you proper etiquette, the proper attire that should be worn and sometimes even drug screening to ensure that their drivers are always of the highest standards. Some companies may insist that you meet a certain minimum age, (which is usually 21) some require additional driving licenses and that you have no history of drink driving, accidents etc. In other words, that your driving history is clean. You may also need to be a non-smoker, be able to speak other languages and have a basic knowledge of car maintenance.(eg. How to change a flat tire)

You need to have many skills to be a chauffeur. … Read the rest