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How to be Better in Every Business Facet in Today’s Fast paced Business World while Delegating
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A fellow entrepreneur I know has a strong ability to delegate.
He said to me, that it’s okay if he didn’t know a thing, as long as he can employ someone is smarter than him.
And, one statement I never forget, when he was asked by one of his employee about his opinion on an issue: “If I knew the answer, I wouldn’t hire you!”
Witty and smart - unfortunately not too relevant today, in my opinion.
Entrepreneurs are always challenged to delegate business operation to their employees. Although this, in my opinion, is a must, many entrepreneurs forget that although they are able to delegate to ’smarter’ employees, they have to continuously learn on how to better their business - the kaizen way.
Why entrepreneurs have to be better each day
Forget factories and such assets - they were Industrial era ‘gems’.
Today, we are right in the middle of Information era flooding us with rapid tech advances and wealth of information (that most are available for free). In fact, today’s business world is so fast moving, many entrepreneurs are becoming technophobia.
Entrepreneurs today can be successful without owning physical assets, such as factories, buildings, etc. - The owner of Facebook, MySpace, and other community-driven website is today’s new breed of successful entrepreneurs, without having a building or factory as assets (They can if they wanted to, however.)
As a side effect, there goes the days where you can trust your business to others - you need to understand every facet of your business.
Suppose if you wanted to outsource book-keeping function to a third party, you have to know how to read your financial reports. Another example, if you wanted to outsource customer support, you need to know the essence of customer support and CRM.
5 ways to be better in every business facet
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Does Having a College Degree is Relevant to Entrepreneurs?
(No Ratings Yet) Loading ...I want to learn more, every day. Continuous learning - with the cool word kaizen - is my key to stay competitive and explore new opportunities.
I learn through forums, webinars, ‘inner circle’ memberships and online degree programs.
While most places I learn in offer free access, some of them are costing you money for a reason - quality. Let’s focus on online degree.
Entrepreneurs need a college degree?
With all the responsibilities I have today - family to take care, business to manage and opportunities to rake - the only way I can obtain a degree is through online education.
Why online degree? In fact, why a degree?
To tell you the truth, I hate commuting and attending classes, and would like to learn from the comfort of my home - so an online degree is a perfect fit for my situation. An example of online university is University of Phoenix, located in nearly 200 locations US-wide.
Entrepreneurs - do you have a college degree? If not, I would like to convince you to have one. A college degree does offer you more ‘leads’ and opportunities.
A college degree is relevant in entrepreneurship?
I know what you are thinking… Why I need a degree if I can get what I have now with the way I am? What a degree can signify?
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