Management | Teik Oh

Get Your Team Motivated!

Apr 12 2016

Running a business as an entrepreneur – even if you’re a “sole-preneur” – involves working with others at some stage.

You either have to work with employees, or with contractors, VA’s, or others helping you to deliver your product or service and to serve your customer. You need to have them committed to your purpose and principles in order for you to provide the kind of quality and service that you want to provide to your customer. Believe me, if their heart isn’t in it, your customer will “feel” the lack of commitment. It will show in your turnaround times, in the design of your product or service, and in the overall culture in the workplace.

So, if your team seems to lack motivation, what can you do?

Well it starts with you, as the leader. You need to be absolutely clear about your business vision and purpose – the “why” of your being in business.

Then, I believe you can use three actions to motivate your team:-

Align
Build Trust
Be consistent and deliberate.

Watch this video about how to put these actions into place.

Many studies have shown an engaged team out-produces an unengaged team. You need to bring people with you on your exciting journey and all it takes is a few simple, but deliberate and consistent steps.

I’d love to hear from you in the comments on the blog – get over to teikoh.com and post your comments. What have you done to motivate your team? What results have you seen?

If you’re reading and watching this from a post, why don’t you sign up for our weekly free newsletter that will send you plenty of valuable ideas, systems, step by step processes, to help you create strategy, provide leadership and grow your business. Click here to get it now!

Or why not get a free Business Health Checklist? Click here and I will send you the link to download an Entrepreneur’s Business Health Checklist that will assess the 6 Key Result Areas of your business.

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So, How Are Your 2016 Resolutions Going?

Mar 29 2016

You have to admit, I’ve given you a chance! I haven’t asked you about your New Year resolutions until now so you have to agree I’ve given you a good head start, right?

So, how are your New Year resolutions going? Are you ticking them off? Or like many others have they fallen off the cliff after 2 or 3 months (or should I say weeks)?

If you have been working on them, and you are on track – hey, congratulations! You are amongst that elite group who pick out what’s important and focus on the end. You follow through!

As for the rest of you, don’t feel bad. You haven’t failed! All that’s happened is that you now realise you don’t have a system to follow through. So, don’t give up, if your resolutions or goals are that important to you, keep trying.

But this time, arm yourself with a winning formula for following through.

In this video I’m providing training on the formula for following through on your resolutions and goals.

Here’s a tweetable that comes out of the training for you – Hit your goals everytime by keying in on key goals @OhTeik

Remember:-

Fewer (but key) goals
Make real written plans with deadlines and resources
Commit – believe you need to do this and you can do this
Review regularly – set yourself up to succeed
Don’t forget to celebrate every win!

For more ideas and tips on creating great strategy, show leadership and grow your business, go to my website at teikoh.com – subscribe while you’re there, or just subscribe here, to get these valuable ideas delivered to your inbox for free!

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Five Steps to Establish your Startup

Mar 22 2016

Have you just commenced a startup business? That is, a brand new business rather than one you inherited or bought; a business you started from scratch using your craft or from a new idea, or a business based on a product you invented?

To a large extent, all startups of any kind of business in any kind of industry are the same. They have one, or at most, 2 key individuals with the idea and the drive, full of enthusiasm and energy, probably not many staff if at all, and most of them family and friends. Typically, you would have shuffled together some (but not enough!) working capital, leased new premises and bought new equipment. The sense of newness is exciting and the startup begins breaking through walls.

In time, it finds its market and settles down. The passion and excitement may still be there but there is no longer a sense of newness, things start to feel normal and the days are spent doing pretty regular things.

If you have survived this phase, typically over the first year, celebrate!

But don’t get settled because most startups close their doors within 2 years, mainly because after the gains at startup, they fail to establish a sustainable business.

So, if you are in that position, what do you need to do to establish your startup? Read More

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How to prioritise your time

Mar 15 2016

Do you find that time gets away from you? Of course you do, we all do.

It’s funny that the only one thing in our lives that you can neither lose nor get more of seems so scarce for some and so plentiful for others. Everyone has a 24 hour day, yet some people seem to get things done while others “run out of time”!

One of the causes is the infamous to-do list. If yours is as long as mine, you know you need a system to get it in order.

But seriously, if you look at your to-do list closely, I wonder how many items there are actually expectations on your time by others? On the flip side, I wonder how many of the hundreds of items on your list are things that will truly make you happy, really move you closer to your goals in life and business?

Well, it’s time to get your to-do list in order.

The system is to look at each item and ask how important it really is? How urgent is it? This video provides you with the training to apply a system to get the time that you have in line with where you want to go.

So what do you think? Get over to my website teikoh.com and comment on the training.

No matter how overwhelmed you are, taking a few minutes each day to ask if something is important or urgent gives you control back over your own life.

For more tips, traps, ideas and downloadable free content, go to teikoh.com. While you are there subscribe, or subscribe here, to get these valuable ideas delivered directly to your inbox for free.

See you soon!

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Some basic numbers you need to know about your business

Mar 01 2016

I have provided my followers with loads of free ideas and tools about how to create great strategy in your business, how to develop your leadership skills, and how to grow your business and your life.

But despite all the planning and marketing – being in business boils down to one thing: making sure that you make a profit that’s good enough to meet your goals.

So, here’s a training video on financial management.

Stop right there! Do not click on the “delete” button!

This is important. You cannot subcontract knowledge about your financial performance to an accountant. You have the skin in the game, and it is your duty to your better future that you know something about the numbers that tell you about how your business is performing. It’s not just about the net profit, or how much money is in your pocket.

If you want to grow your business, you need to know the relationships behind your income statement and your balance sheet.

This 20 minute training video introduces you to some key numbers – sure, you don’t have to keep your own books to get those numbers, but you do need to understand what they mean.

Watch out for some free gifts to subscribers of teikoh.com coming out soon. One of them will be about financial performance management.

Get over to the website for more great stuff worth thousands of dollars available to you for free. While you’re there, subscribe so that you don’t miss upcoming articles (and free gifts available only to subscribers) or subscribe here.

See you soon!

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Category - Management

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Get Your Team Motivated!

Or why not get a free Business Health Checklist? Click here and I will send you the link to download an Entrepreneur’s Business Health Checklist that will assess the 6 Key Result Areas of your business.

So, How Are Your 2016 Resolutions Going?

Five Steps to Establish your Startup

How to prioritise your time

Some basic numbers you need to know about your business