20 Jun 3 Business Lessons
Today, we have the Birthday Special Podcast to celebrate our CEO’s birthday.
In this episode of “The Marketing Nerdz Podcast”, CEO “Karan Dharamsi” speaks about the top 3 Business Lessons that will help you analyse your Business and give you a deeper understanding of what you need to do in order to scale your business 10x.
When you are running a business, there’s never a day that goes by without any challenges.Each time you face and overcome these challenges, you grow as a person and along grows your Business.
Speaking about his own personal experiences, Karan shares the 3 most important Business lessons he has learnt over the last one year.
Here is the first of the 3 business lessons:
Don’t be emotional, be rational.
As simple as it sounds, there are times when our emotions get the better of us. They rule most of our decisions and thoughts related to work.
But that is the #1 thing to consciously avoid when it comes to Business. Especially when it comes to building your team, your job is to make sure you do the right things and not to get people to like you!
Or even when it comes to re-construction or re-structuring your team, If you are trying to save one, you may end up risking the entire ship!
If you too are facing a situation where you can’t find the rational answer, chart down your rational and emotional decisions, judge the pros and cons. Give yourself a good 24 hours to go back to the list and then make the final decision. Since it will no longer be a decision made in the spur of the moment, it will be a rational and not emotional decision!
Here is the second of the 3 Business Lessons:
Be flexible in Business.
Giving his personal example, Karan shares how out of all the product launches made in the last one year, a couple of them did not really take off.
Sometimes, we try to solve a problem or sell a product which is not really what the customers want.
Innovation and experimenting something new is a great idea, but always analyse and check whats working for you and be ope and flexible to other options.
Some campaigns which you think are just basic and might not generate revenue, will work the best for you and will get you the major chunk of your revenue!
So be flexible, test different things keeping your personal judgements aside!
And the 3rd and the last of the 3 Business Lessons is:
You need to cut down on the wrong IMMEDIATELY!
It always takes just one wrong person to distort or ruin your entire team, work attitude of your team members and overall work culture. Do not let anyone spread negativity like wildfire.
Have the team which is aligned with your vision and mission.
These rules may sound harsh to some, but give it a thought…
Is it okay to risk all your dreams and visions by having someone or protecting someone who would end up pulling down your business or even worse, shut it down completely?
And here’s an additional lesson to ensure growth and expansion of your Business in your desired direction:
Have a look at yourself, introspect yourself too!
You are the leader and people will follow and mirror your belief and goals. Are you positive about your goals?
Are you leading them in the right direction?
Be the leader that will help you achieve your goals and if not, find a leader who can lead your team in your direction!
And remember, avoid all kinds of negative thoughts, people or energy. This itself will help you grow your Business 10x along with these 3 business lessons.
So to conclude, here are the 3 business lessons you always need to keep in mind and implement:
- Don’t be emotional, be rational
- Be flexible in Business
- Cut down on the wrong immediately
Hope you too find and grow your team which is aligned to your vision and together they help you grow your Business 10x.We wish you all a very prosperous professional year ahead.
And if you want to know about the other Business Lessons from his personal experience, subscribe today to our YouTube channel: The Marketing Nerdz.
Karan Dharamsi
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Jigna Hansora
Posted at 06:35h, 22 JuneHI,
I think you are right, Karan.
In Business or any leadership which connected with Business , These three points are most important.
I also face this in my leadership stages ,Sometimes people don’t like when I have talked with them strictly regarded work. But they could not understood k it’s work area.
Thanks For sharing it with us.
Jigna