Tag Archives: Small Business

6 Signs You’re Going To Be Successful

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1.) You hate average

When you hate being an average person, then, the only way is to go ‘up’. This mentality sets yourself to higher standards in terms of the way you look at life.

It shapes the way you think when faced with adversity. You start to enjoy what life throws at you because you know,

While most would succumb to difficult challenges – like every average person does, you don’t.

Instead,

2. You practice discipline and self control

No matter how smart or brilliant your ideas are, if there is no self-discipline, nothing can be gained.

Discipline is important, but to become a successful entrepreneur, discipline becomes essential to ‘survival’.

Once you’re the owner of a business, there will be no one to tell you what to do, or what you need to get done.

You have to constantly find that motivation and eagerness to get things done; and without discipline, you’ll end up a failure.

It’s all on you now.

3. Failure doesn’t scare you

Let’s be honest, the fear of failure gets to you as an entrepreneur. There’s no denying.

What you do instead is, to manage that fear.

Elon Musk has a great strategy when managing fear. He always create a contingency plan in case things go bad.

When he started SpaceX, Musk set a target of $100 million for the rocket launch. If he fails, he’ll bail out of the space venture.

What’s so great about this move? It sets Musk’s mind that failure is a viable option. This helps managing that fear.

He also knows when to quite, which is also important for every entrepreneur so not to get dragged into much higher debt.

4. You wake up early

Most successful people love to start their days early.

This is because, they find mornings are the best time to get as many difficult tasks done as the brain is fresh and able to perform at higher degree.

If you start in the morning, you’ll also find that you get to get things done earlier – so you can spend the rest of the day doing other activities.

5. You surround yourself with great people

You are who you surround yourself with.

I believe this makes sense just by reading the title.

If your friends like to talk or do things that waste time; you’ll end up like one.

If your friends like to talk about ideas, opportunities, or investment; you’ll end up like one.

Start networking with people who are better than you today to get started.

6. You don’t complain

Complaining or whining is a waste of time and breath.

And yet, people still do it – because some supposedly experts on mental health issues say that it’s actually a good thing to vent your anger or frustration.

Guess what? This makes people who listen to them more of a whiner.

By the way, if these mental health experts are correct, then, how come we’re seeing increase in chronic mental health problems – whereas the mental health experts are at its most advanced stage in human history.

My advise? Stop complaining and carry on with life. You need to do something to take your mind off your worldly problems. Everyone’s got problems – deal with it like every other human being in mankind’s history.

There’s a saying “An idle mind is the devil’s playground.”

Want to be video featured on our site? use the 10 questions below to record yourself & send it to us!

Hi! We keep getting emails and messages to be interviewed and featured on our platform. In response, we have listed down 10 basic questions below for you to record yourself and send it to us to be featured on our website, Youtube & Facebook pages! That simple!

Here are the 10 basic questions:

  1. Tell us briefly who are you and what you do?
  2. What made you to start your business first place?
  3. What was the biggest challenge your business faced and how did you overcome it?
  4. What’s your target for the company within the next 5 to 10 years?
  5. Name 3 traits every person needs to become an entrepreneur
  6. What’s your biggest regret in life? And how did you overcome it?
  7. What is your greatest strength as an entrepreneur?
  8. If you had to share one life advice, what would it be?
  9. Being an entrepreneur, many suffer from demotivation or lack of self discipline to work, do you have any tips to share to overcome the problems?
  10. Where can people find out more about you? Website, social media pages?

That’s it! You can email to zannfauz@gmail.com

Patreon: https://www.patreon.com/honestmillionaires

Secrets To Really Overcome Laziness

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You have a target but often struggle to achieve it due to constant laziness. Don’t worry, in this video I’m gonna share with you some of the ways to overcome that laziness.

Join Charity Groups For Poor People

Joining groups who help the unfortunate ones will always help you to open up your eyes. You’ll start seeing the bigger picture of how your life would be like if you were not successful.

Your mentality starts to change in order to succeed in life & starts to remove negative behaviors such as laziness from your life

Now, I’m in no way saying to look down on those unfortunate people. The idea here is to see for yourself the life you’ll have by taking the lazy path.

While unfortunate people do not have a choice, you do. My suggestion simply opens up your mind to it.

Network With Successful People

I’ll be honest with you, I was a smart student who became cocky that keeps getting good grades despite not studying so hard

I became too cocky till I start making friends with wrong people & my life started to spiral down out of control for some time to come

Luckily, I realize how toxic these people are and eventually left them.

It was only after I met a group of smart people that I started to turn my life back around

You see, smart people are as infectious as wrong people

The more you interact with them, the better you become

You’ll start taking interests you never thought was possible to undertake

You’ll eventually start reading, talking and working like they do too.

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Join Motivational Talks Or Events

One of the factors of laziness can be attributed by the lack of motivation

So, why not join events or talks given by motivational speakers who often capable of inspiring you to see the bigger picture

Inspirational speeches are powerful which can help to lift yourself from laziness to achieve success

If you’re too busy to attend these events, watch motivational speeches online or on Youtube. You’ll find plenty of credible people giving out inspiring talks to help you

Rotate Your Work/Study Environment

Do you often get bored or unmotivated to work in your boring, dark and uninspiring workspace? Well, we all do

Instead of just working at the same place over again, why not drive to the nearest cafe for a change. Nothing can go wrong when you have a cup of coffee next to you

If you don’t like coffee or tea (whats wrong with you), why not head to the public library too

The idea here is to constantly change the environment you’re working in so that you don’t feel unmotivated to work.

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Celebrate & Reflect

Celebrating your success is just as important as working hard

Celebration is a powerful motivator to prolong your productivity – so you’ll continue to keep building the momentum of working hard

You’ll also be rejuvenated after your brains are decompressed from days of hard work

“The Most Effective Way To Attract Customers…” Chatting With Nafas Yoga KL Founders | HONEST

Nafas Yoga KL is a yoga studio business founded by two friends Suhanna & Zafie. Their mission is to become the best yoga community in the city of Kuala Lumpur. Find out more about them on Instagram @nafasyogakl (more links below).

Don’t Forget To Like & Subscribe 🙂

Nafas Yoga Links

My LINKS:

#yoga #wellness #health

11 Ways to Market Your Business with a Small Budget

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Photo by bongkarn thanyakij on Pexels.com
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Small businesses with great products often fail due to its inability to get themselves in front of the mass market.

Despite of the successes of multiple social media platforms, traditional marketing mediums remain to be outside the budget limits of most small businesses.

In today’s article, I’ll share with you top ten ways to market your business with a small budget.

1. Advertisements

There are a number of websites now that offer free advertisements if you wish to sell product/service such as Mudah.my, Carousell and more.

You can even post advertisement on Facebook Groups which is specifically built for the purpose.

If you’re willing to spend a little bit of money, you can always go for Facebook Ads as it also posts your ad on Instagram – which means you are able to extend your market reach further.

Although, keep in mind that it is important to target your market specifically – or you’ll risk having only traffic to your business but without much sale.

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2. Press Releases

Press releases can be expensive depending on which medium you approach. It goes without saying, the larger the news, the more expensive it becomes.

However, if you’re able to attract enough attention from public, most news medium are more likely to come over and have a look at what the big deal is.

Release a statement that you’re organizing a charity event or that you’re helping homeless people to build their homes. Organize events, followed by invitations to news media to cover the stories. It’s a cheap form of publicity.

3. Sponsorship

Sponsorship is not as easy you’d think. Quite a number of entrepreneurs often mistaken that it’s always best to sponsor any events that attract the most customers. While these kind of events can be very expensive, it is also attracting people who are not in your targeted market.

If you’ve followed me long enough, you’ll know it’s always best to avoid or reduce reliance on the ‘numbers’ game – where the more is better. This is expensive and is kind of a gamble.

Personally, I feel it is best to narrow down the number of consumers by categorizing them into who would need and benefit the most from your product/service. Whilst the market has been minimized to smaller number of consumers, the chances of getting sales return is promising.

For example, if you are selling affordable designer handbags – sponsor a group of fashion influencers who attract women looking for international branded designs but with cheaper price tag. If you sell athletic watches – a group of fitness enthusiasts/celebrity fitness trainers. You get the idea.

Play with numbers where you can afford to lose in case things go south.

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4. Media Stunts/Guerrilla Marketing

Media stunts are effective in creating buzz.

Remember when Richard Branson drove a tank through the city?

Or do you remember when Elon Musk launch his Tesla to space?

Look at Domino’s on how they leverage the potholes problems in US towns by adding their own brands on each of the repairs they conducted.

While small businesses can’t compete at the level of those billionaires, there’s nothing you can’t do with a little bit of ingenuity and creativity.

For a small business, start looking around your neighboring area for things that you feel need to be addressed.

Provide a solution and stamp your brands all over it to create awareness of your company.

Don’t forget to invite news reporters too.

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5. Make more use of your business cards

Your business cards are a form of investment – so use it wisely.

It’s not a matter of simply distributing those cards among your family and friends, it’s about creating the need for them to ask for your business cards.

For example, back when I ran Mirsky Mode, I often meet up with my lady friends to catch up on things where I always bring up the ‘handbag’ conversation. We’ll talk about the design, brand and the expensive price tag of the bag. Once we get to the price, talk your way into how your company offers designer handbags for an affordable price. They would immediately ask for a card or even check out your online store on the spot!

This can also be applied to other industries too.

The important thing to do is to make sure the person you intend on distributing the business card is a part of your targeted market – or you’ll risk of wasting away that card.

Then, create a need for them to find out more about your business

6. Join a local networking group

A business that does not connect often fails.

Your company needs to be connected with people to gain their support.

By becoming emotionally connected with people, you are adding value to the relationship. Build on it and when the time is right, people will start visiting you to see what your business has to offer.

I’ve often made new friends from online meetup sites such as Meetup and AirBnB activities.

If you visit the local public library or town hall, there will be notice boards on local events or gathering too.

Pay a visit to one of them and start building relationship with people.

7. Use self-employed sales agents

This is a cheap alternative selling method.

Self-employed sales agents do not take large commissions from you since they do not have to pay any sales agency fees.

They are also highly motivated and very good at working independently.

This is great for you since you do not need to spend too much time on training/teaching them the ropes as they can get the things done on their own.

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8. Leaflet drops

The key of a successful leaflet drop is to pick the right market to distribute to.

Leaflet drops is a numbers’ game. Traditionally, the more you distribute, the higher chances of getting sales. This costs money.

Instead, narrow down your market. Target those who you feel the most likely to be interested in your product/service.

Pay more attention to the design of the leaflet. Be more emotionally connected with the consumers on the issues of what your business offers to resolve. Selling part comes later.

I’m not a huge fan of traditional leaflet drops but since I know a few businesses that successfully gain results from it, I’d share with you nonetheless – but with caution as it could costs much money and time which small businesses can’t afford.

9. Give talks to other businesses

I’ve given talks on investment once and learned few things from it.

First, you gain new connection who are in similar fields or interest. This is a no-brainer.

Just be sure to leave your contact or company’s contact details so they can find out more about your business.

Secondly, during Q&A session, I’ve managed to understand what troubles or issues people are experiencing in the field respectively.

The sessions gave me direct insight and I’ve learned numerous issues which my company can help resolve. A win-win.

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10. Write for your favorite e-magazines/blogs or create your own newsletter

Contributing articles is a must for bloggers and even writers nowadays.

Reasons are that you will extend your market reach to the blogs you’re contributing to. Don’t forget to leave links back to your blog (with permission, of course). If readers enjoy your writing, they will know where to look to find you.

Being a writer, I’m very fond of this idea. Ever since I was a kid, I’ve always enjoyed writing fiction and as I grew older – business topics. So, why not use this to advantage in growing business?

11. Collaborate With Social Media Influencers

In this digital age where social media thrives able to flood your business with traffic/consumers, you’d best take full advantage of it. Plus, it’s cost varies from low-to-zero.

Influencers’ endorsements are definitely cheap compared to celebrities’. They can help influence their followers with a click of several buttons and your business will be on the ‘maps!’

While some agree to promote your business on reasonable fees, there are also those who simply accept your product/service as payment. It all comes down to negotiation and their popularity rating. Rest assured, they will cost you a lot less than celebrities.

Read more about what I wrote on selecting the right social media influencer for your small business.

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Secrets To Financial Freedom

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You work very hard. Day in. Day out.

Yet, you could not yield the results you want – which is to achieve financial freedom.

Today, I’m gonna share with you the secrets to financial freedom.

Create Your Networth Target

Creating a budget never really makes sense to me in the first place.

I went through many online material that talks about budgeting & yet, they continue talking about cutting spending & never really got to the core of budgeting.

Whilst it is a no-brainer to cut down spending, I was clueless as to how much is considered a good budget.

I was directionless.

Then I discovered how important net-worth is and how helpful it is when it comes to creating a budget.

Basically, you need to come up with a targeted net-worth & how long you’d think it requires to reach that target.

Once you have a target, all you need now is to reverse engineer that figure into tangible numbers using simple math – giving you an idea how much you need to save every month and so on.

In a nutshell, let’s say you’re aiming to reach a networth of $100,000 in 3 years. This means you need to make $2777.77 every month.

This is where you decide where to cut your expenses or how much money are you short from achieving the figure. It all comes down to simple math.

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Apply The 50/30/20 Rule In Budget

I’ve also talked about this rule.

For those who are not familiar, the 50/30/20 rule was introduced as guidelines to how much you should spend based on needs, wants & savings

Although this is a good place to start, I believe there should be some tweaks depending on where you are today.

In short, I believe the rule should be re-introduced as 40/10/50 – where savings should be the priority, so you can add more money into investment later on.

If you want to know more about it, check out my other article where I discussed this in details.

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Seek Wise Men/Women For Advise On Investment

This is the toughest topic to talk to you about.

Honestly speaking, there is no such thing as an investment that fits all.

Different investment has different settings, different mentality and so on – which can be challenging if you’re not used to the environment.

My experience tells me that the best person to talk to about investment are those whom you have personal relationship with – who have gone through the experience from becoming poor to wealthy.

Gaining their insight is valuable as it gives you first hand lessons, mistakes & failures that you can avoid in the future which is priceless.

Then, once you’re certain – you can go all in.

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Improve Tax Awareness

You have no idea how much money you can save by starting to listen to your accountant.

Credited accountants are able to tell you exactly how and where to spend in order to get the best tax reliefs, or tax reductions.

Getting tax reliefs is always great – so maximize its uses.

If you run a company, it’s even better. You can gain more tax reliefs under company spending.

So go talk to a credited accountant now before that next tax declaration dateline.

My Final Two Cent

If you’re clueless as to where to begin, then, seek advice from wise men or women. Take note every single thing they share with you – even if you disagree with some of the ideas.

Always keep in mind, the best entrepreneur are the ones who are open-minded and do not have answer to every question.

Let me know what you think about the article in the comment below.

Don’t forget to Execute

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