Management | Teik Oh

Want to be an Entrepreneur? Here’s 5 Characteristics You Need

Feb 23 2016

So you want to be an entrepreneur?

Even if you think you are thinking conservatively, and you don’t really want to be an “entrepreneur” because all you really want to do is to be in business for yourself, the reasons people become entrepreneurs are the same as why people start their own business (conservatively).

If you leave aside some of the bad connotations of entrepreneurs such as huge egos and taking on enormous risk as they fly high, they share the same reasons as everyone else who want to start their own business.

They want to be independent and work for themselves (“can’t stand working for someone telling me what to do”), they are far too creative for their jobs (“they don’t listen to all my great ideas”), they are great salespeople (“I can sell ice to an Eskimo, why am I selling their stuff?”), they are impatient and confident (“they always ask for a detailed study when I know it will work”), they are experienced (“I’ve learned a lot from the school of hard knocks”).

Whether you are an entrepreneur or simply a “small business startup” is merely the language you use to describe your motivation.

So let’s call everyone entrepreneurs – of different degrees – and look at what you need to have inside you to survive and thrive. Read More

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Deliver Your Best Elevator Speech

Feb 16 2016

In the last couple of weeks, I provided you with training on how to apply the 7 easy steps in the SMART Marketing system to get more sales. If you haven’t seen that video training, go to my website here and catch up!

Now, no matter how good your campaign plans are, at some stage, you will need to meet potential customers face to face.

Have you ever been in a situation where you meet someone and you try to tell them about yourself, or your company, or your product – or all three – and end up tongue-tied or filibustering and telling them nothing that sold what you wanted to sell? Of course you have, we all have!

What you need is your best elevator speech. What’s an elevator speech?

It is a speech you can give within a short elevator ride of 20 to 30 seconds, maybe to a full minute. It has to be short, it has to be punchy, but in it, you have to deliver your message about why you are the one.

Well, here’s a guaranteed formula for you to write and deliver that elevator speech! Watch the video and then come back to discuss the formula.

So as usual the fun starts after the training and you can discuss what you learned and add any thought! Go to my website teikoh.com and leave your comments.

While you’re there check out all the free resources to create strategy, provide leadership, and grow your business. And so you don’t miss a single free idea, tip, or downloadable template, why don’t you subscribe here to get them delivered directly to your inbox?

Comment 13

Your Business Health Check

Jan 19 2016

It’s still early in the new year, and I’ll bet one of your New Year resolutions was something to do with health – exercise more, eat better, diet, go to see your doctor for a health check?

Well I don’t know how well you have been keeping to your resolutions nearly three weeks into the new year, but why don’t you check your business in for a health check?

The website teikoh.com has free resources available for download and these include health checks or “audits” for your business. It would not be a waste of time to spend an hour or two going through these for your business. When I conduct these for my clients, I charge up to $2,000 a session. True, this come with my personal 30 years’ experience in business and my interpretation of diagnosis and medication, but you can at least spend some time to look over your own business to see what areas you will need to work on in 2016. Read More

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From Goals to Objectives to Strategies

Jan 05 2016

Well it’s the start of a new year!

I hope you have had a refreshing break, recharged your batteries, and are ready to come afresh to building the business of your dreams!

It’s a great opportunity, in this season of New Year’s resolutions, to review your goals and make some plans for the coming year. Here’s a quick four-step approach to put together a no nonsense “business plan” for 2016 simply using a series of questions to focus your thinking. Read More

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Systems for Resilience

Dec 22 2015

Last week, I wrote the first of a two-part article called “How to create a resilient business” and I promised the second part this week which will be called “Creating a resilient climate in your business”.

This isn’t it!

So, those of you who were looking forward to continuing reading about how to create a resilient climate in your business – well you’ll have to wait and come back to the blog huh? Got you!

No, seriously I will be publishing the second part next week but I thought I’d interrupt the flow with an on-topic real life story.

Something happened to someone close to me (not me, so I won’t share it with you) that meant I suddenly had to take time off work, several weeks in fact, and without a great deal of warning. In many, less resilient businesses this could have been catastrophic to the conduct and flow of the business, let alone your income. You could be going along nicely, or at least coasting, when – WHAM! – a crisis happens and you find that you have a choice as a small business owner. You can do what’s right and take time off to look after the personal crisis or you can carry on working in the business and cause whatever damage to your personal life and relationships.

Before you answer that your business is your livelihood and you would need to look for a compromise, let me remind you of two facts that I’m sure I share with you – first, some crises cannot be compromised, second you started the business to achieve a good life/work balance. Right?

So having to suddenly take 6 weeks off – and doing so successfully – what lessons have been learned by me that you can benefit from in crisis proofing your resilient business? Read More

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Increase your sales through a highly focused marketing plan!

SMART Marketing: In this book, the owners of a small business are led through the SMART Marketing 7 Step Process to produce a marketing plan targeted at their most desirable customers. Any business can use these principles and in 4 to 6 weeks implement a plan to get them through the door! Find out how...

The SMART Marketing Workbook: Companion to “SMART Marketing”, this workbook sets out the SMART Marketing process in 7 workshops for you and your staff to complete questionnaires and templates that at the end, form the marketing plan you need to sell your REAL product to your REAL customer! View now...

Category - Management

Get FREE weekly ideas to grow your business

Want to be an Entrepreneur? Here’s 5 Characteristics You Need

Deliver Your Best Elevator Speech

Your Business Health Check

From Goals to Objectives to Strategies

Systems for Resilience