• Professional relationship is built on trust and respect.  Employees will be more motivated if they feel you're invested in them, first as a person and second as an employee. Make sure to schedule regular, one-on-one time with each member of the team. Personal connections make your team feel more secure. Use meaningful rewards to best performing team members.

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     Friends and family: Going to friends and family for funding to grow your business is the most common way to finance a young company. Similar to venture capital, you exchange a percentage of ownership for funding but with the risk of tarnishing your close relationship. SRP – (Special Revolving Program) These have always been attractive due to their low rates but require good [...]

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    Additional Tips

    5 May 2020

    Tip 1: Meetings to skip when working from home: Avoid meeting when all decision-makers cannot attend, else send someone else, notes can be shared or you can attend the relevant parts. Tip 2: 3 Ways Emotional Intelligence Can Help By definition EI, is the ability to identify, understand and manage emotions-both your own and those of others. Listen carefully - sharing emotions help build[...]

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    Resolve The need to determine the scale, pace and depth of action required at the government and business level. Whether those who need to act, share my resolve to do so. Resilience In face of these upturns, Resilience is a vital necessity. Public, Private and Social leaders need to take decisions that balance economic, social sustainability, given social cohesion already under [...]

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    Working from home

    21 Apr 2020

    Assuming that the situation is temporary, 7 tips your team should be aiming for. Have a dedicated workspace, thus avoiding distractions, family, pets and kitchen. Schedule work time (including "checkout" time). Achieve balance between work and personal life. Schedule time for focused work. – Avoid distraction of email, social media and constant notifications form phone and concentrate[...]

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    How we lead today is how we will be remembered years from now. The challenges are real and in this period of uncertainty, there lies an opportunity to strengthen the team.   Be as communicative as possible, through meetings, daily interactions will improve team’s morale. Encourage team members to establish a routine that works for them. Disruption to my routine is the most [...]

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    System/Technology

    21 Apr 2020

    In order to work more effectively from home, it Is important to have the right equipment. Please find below a few equipment that can help you to be more productive working remotely. Laptop or office desktop Earbuds/headphones Wireless charger Extra power Adapter Portable Hard Drive

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    Staffing

    21 Apr 2020

    The Corona Virus has had a direct impact on businesses around the world. Small and medium enterprises are the first casualties of this pandemic. With an extension of the lockdown period to the 5th May 2020, and thus, no economic activities, some businesses have already closed, and others are in critic situations. With no revenue and limited cashflows, most businesses are already having [...]

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    Managing Stress

    21 Apr 2020

    The current situation is very stressful for everyone. It is important for us to manage our stress and to keep the team work going. Habits of Mentally Strong Team They stay true to their values – They keep their priorities in line with their beliefs They tolerate discomfort – Not afraid to endure a little pain and practice self-discipline. They practice realistic optimism. Talk [...]

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    Cashflow

    21 Apr 2020

    Prepare your cash flow statement and use same as a tool for decision making.  As an entrepreneur, you should constantly monitor your cash flow and the first thing to get on track is indeed the preparation of your cash flow. You can then use same to take informed Ensure your own financing remains viable. Engage with your financing partners to ensure your available lines[...]

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