Bruce on Business Archives - Page 4 of 4

B.O.B Episode 5 – How intentional is your business

How intentional is your business? This might sound like a weird question, but it is a question that will challenge you and make you introspect yourself about your business, why it is there and where it is going.

If you know the intentions of your business then you should be able to answer this question without grabbling with the answer first. If you find yourself finding it hard to answer this question, then you need to pause for a moment, think about this question, and ask yourself how intentional is your business.

We’ve been working with John Maxwell and his new programme called #IntentionalLiving that has started and spread all over the globe in the past few weeks. This programme is challenging us to think about how we live our lives intentionally on a daily basis. It challenges us to really go into introspection and ask ourselves what is it that we are doing intentionally as people, as staff, as businesses, etc?

Now, if your business is just waiting for something to happen in order for it to react, then you have a reactive business. That is a business that waits for opportunities to come for it to grow. That means it is the opposite of an intentional business. It is almost like waiting for an opportunity to hit you in the face for you to make a sale and to grow.

An intentional business is a business that does not wait for opportunities, but goes out there to look for them. . It sends out scarves to unknown territories, beyond comfortable and known territories. That involves networking, talking to people, selling your products or services to a whole lot of people out there.

By nbmedia|2016-11-01T10:20:18+02:00November 9th, 2015|Bruce on Business|0 Comments

Congratulations to the Rugby World Cup winners!

It is really interesting that in championships like the Rugby World Cup, so many teams arrive to participate, and all f them except one, have to go away losers. it’s not quite fair, is it? Of course for the winning team it is alright, but what about the loosing teams?

Do they ever get a chance to reconcile with their emotions, management or fans, to understand what went wrong? In instances like this it is natural for the fans to point fingers and blame. they blame the referee, the coach and sometimes the weather.It is always nice to blame other people for the failures we encounter, because it makes us feel validated in our misery or anger.

So how does that relate to business? do you ever take time to analyse both your failures and victories in business? Do you spend some time in a postmortem discussion, understanding the things that went right in your business, so you can do more of those and the things that went wrong, so you can do less of them.

By nbmedia|2016-11-01T10:20:19+02:00November 2nd, 2015|Bruce on Business|0 Comments

Bruce On Business: 10 questions you need to ask and answer when venturing into business.

Are you thinking of venturing into a business? Here are the 10 questions you need to ask yourself and answer.

1. What do I want to do?

2. What do I need?

3. Where do I want to be in 3 to 5 years’ time?

4. Where do you want to be in 10 years’ time?

5.1. What would I need to have to help me get there?

5.2. What would I have to be?

6. Who would I have to meet?

7. Where am I currently?

8. What are my current financial capabilities?

9. What education and experience capabilities?

10. Where is your track record?

By nbmedia|2016-11-01T10:20:19+02:00October 26th, 2015|Bruce on Business|0 Comments

Bruce on Business – The power of assumption

If there’s s anything that we learned from the host team England over the weekend , it’s that you have to be careful about assuming that others see the world the way you do. It’s very easy for any organization, a team or a company to get caught up in its own echo chamber of like-minded believers, forgetting that there need to check and make sure that the vision and the goal matches the external reality, or you could be enthusiastically charging towards a similar shock as the England rugby team that has fallen by the way side.

In business, most companies are the centers of their own universes. It’s a natural enough impression; after all, the products and services they offer are on their minds 24/7. The trap is in those companies deluding themselves into thinking that they are as important to their customers as they are to themselves.

But how do we fix that?

Make sure you are continuously seeking a more thorough and objective understanding of your customers, harness the fresh perspectives of new employees, and have the humility to recognize that your customers may have needs and lives beyond your company. Admit where you maybe wrong.

Don’t wait for a catastrophe to show you when you’ve become too caught up in your own hype.