Business Blunders that can easily stifle the Growth of Your Company

As an entrepreneur, you will surely put your best foot forward when it comes to maximizing the growth of your company and ensuring its overall success. Right from customer relations to marketing and employee engagement to sales strategies, you will need to keep everything well-aligned. When an entrepreneur works, the chances of mistakes are always there, after all, business owners are also humans. However, when you know what is blocking your company’s progression and growth, you can prevent making such mistakes.

To help you know the same, Jignesh Barasara – a well-known and successful entrepreneur in the country pinpointed the following mistakes that business owners tend to make. Take a look:

• Mistake 1: No utilizing marketing tactics with the right yet the data-driven mindset

No matter whether you have a small business or a bigger one, every venture needs solid marketing plans to compete in the present market effectively and strongly. Right from email marketing to social media marketing and search engine optimization to content marketing, the areas are wide. And to make your marketing plans super impressive and reach out to your targeted audience, you will need a data-driven mindset.

According to Jignesh Barasara, new businesses often make a mistake by not evaluating the data properly. They think that if they spend more time on examinations, they will lose something important. Instead, the more you analyze, the better and clearer picture of the market, targeted audience, expected budget, and so on. Lastly, you must check what tactics will go well with your business and its precise needs to attain the highest milestone.

• Mistake 2: Lack of a mentor

If you are new to entrepreneurship, then you will come across some issues and find yourself clueless. This is the point where you will feel the importance of having the right mentor. Since these professionals have already gone through the same and know what the best way to deal with a certain situation is, they will guide you better. What if you do not have any mentor? When you are new, you may make tons of mistakes. And some of these mistakes can lead to big losses. For example, when you do not know how much you should spend on Facebook marketing, you will end up spending more than expected. This will not only affect your budget but it is not the right way to run a business. 

• Mistake 3: Not having the right workplace culture

Many new and budding entrepreneurs think that they do not need any workplace policy, rules, and culture because they have a small team. For initial years, this can be accepted but when you grow, this approach will create a lot of problems – Jignesh Barasara. Therefore, you are advised to have a culture that can encourage innovation and growth. In addition to this, you should also make your team members feel supported, heard, valued, and motivated. When this happens, your team members will follow the rules without being annoyed or discouraged.

• Mistake 4: Constantly keeping not suitable employees

You may hire people who look perfect for a certain role but as soon as you board them, you find them unreliable and unfit for the position. When you do this, you will need to be prepared for project delays, financial losses, and so on. Yes, it can be a little weird to remove someone from the team, but ultimately you will need to think about your business, its growth, and the people working hard for its progression. 

Final thoughts

As Jignesh Barasara says – as an entrepreneur, you should do everything helpful and useful for your business and its success. However, you must be careful and avoid the mistakes that we have listed above. By doing so, you will be able to ensure that your venture has a successful, stable, and bright future. 

Why it’s important for leaders to take emotional care?

Did you know? A leader is a like alike parent figure. All the employees look up to them to understand the culture of the company. If any issues or struggles come up, they try to leak out into the company and to the employees. The culture of the company is essential and that’s how the leaders exemplify the entire culture by making a difference if the individuals must step into or not.

When a leader is emotionally fit, they tend to foster and attract like-minded employees. It all starts with the top-level management doing the self-work. 

 

Let us take a closer look at the ripple effect.

 

When a founder is unable to reach the impossible standards that he has set for himself, ultimately it will result in becoming unhappy with himself. It will also become a burden of work after a point that will result in exhaustion.

Related Information: Jignesh Barasara – How to Rekindle Your Passion for Leadership

 

It all starts with the leader itself. When they feel good about themselves and their work, they will definitely be celebrating the wins by setting realistic standards for everyone in the organization. That’s how they realize and project the expectation to everyone.

 

Two of the most common traits of an emotionally fit culture are stability and integrity. They are psychologically essential from the time since they were babies. Similarly, a starter requires enough nutrients and an overwhelming environment to sustain for a longer span.

If we see at the very core, Jignesh Barasara explains that business is just a series of unique relationships. It all depends on the quality of the relationship that you have with your employees and clients. Certainly, that will direct your success in the long run. 

The concept of emotional fitness is aligned with the improvisation of your relationship with everyone that you interact with. It’s just similar to a customer service that builds amazing relationships and trust factor. There are a few characteristics that every leader must persist in becoming an emotionally fit individual. Some of these are:

• Healthy leadership. 
• Culture of play. 
• Culture of agency and trust.
• Belonging and community. 
• Proactive mindset. 
• Transparency. 
• Stability and integrity.

In addition to these characteristics, there are other factors that every business leader must abide by. Remember that emotional fitness is a journey that you are taking forward.

• Don’t forget to get the right therapy!
• Always go for soliciting feedback is awesome. Make sure that you have people around that give you early feedback.
• Make sure you attend various workshops and training on emotional fitness. Try willing support for mental health and provide company benefits to emotional fitness.

Also Visit: 3 things to do to advance your networking during the crisis

It is similar to a muscle. The more you work it out, the stronger it will be!

Leadership Is All About Balance

Have you ever taken an analysis of all the successful entrepreneurs? If not, try it today and we bet that you will find an interesting trend on all the high-tech industry's most successful businessmen.

All of them have started with a desperate need to prove themselves to the world. They started out with a sense of urgency, and later in the process, they came to the conclusion that they are unique in their own way. Yes, they ultimately believed that the usual rules are not applicable to them. They work hard and strive for achieving their objectives. And the experience they get has yet another way to show how powerful their urgency of being an entrepreneur is. The passion helps in keeping the self-confidence alive. Jignesh Barasara tells that this helps in making wise decisions even in difficult situations. For those people who are able to stand at great heights even when the time test the companies are able to achieve boundless success. It ultimately helps in striking a balance between the two.

Even of the difficult times, the successful entrepreneur will gain maturity and will not lose the edge. He/She Is able to gain experience from all the defeats, victories, unlearn still a hard way to reshape their business and their well-rounded personality.

In order to grow as a better human and a supreme entrepreneur, one needs to be generous. He or she needs to evolve his talents and trust himself or herself in the process to develop. If you want to understand how the flow of things are going then you need to be anxious enough to have a look on your silent reflection side-by-side. If you have always remained a driven soul, then the gear of your life is in your own hands and you can easily fulfill all the great things out of life. You can easily face all the obstacles and no hurdle will shatter your beliefs or would ruin your self-image.

Believe your instincts and do not fight back if something makes you feel right in the gut. If you wish to achieve an equivalent balance, it is the peak time that you need to have a broader picture in mind. Maturity can be wrong at times. It can be different viewpoints which will be based on the varied experiences that are subject to change.

Related Blog: Jignesh Barasara – 3 tips for running a start-up like a True Leader

One of the easiest ways to achieve wisdom and maturity is to perceive the notion that things will work eventually and understand that you will also be aligned with the same.

7 Business Tips to Become a Successful Businessman

This untimely India, thousands of new businesses start every day, some of the business ideas become successful and some fail. Let us know what is the reason for success and failure of business plan.

Let's Continue to Read the Tips Shared by Jignesh Barasara

1- Do what you're interested in

Friends, we can get success in those businesses which can be done wholeheartedly. And with all our heart we can do the same work which is of interest.

There are many benefits of working whole-heartedly, such that we do not feel tired even after working more, we can work for 12 hours or more without stopping. Have we ever wondered why a child is not tired to play because he enjoys playing like this, when we start to enjoy working, then understand that we have chosen the right path? Our whole mind is focused on its work and does not wander around.

So friends, the first and most important rule of success in your business is to do what you can do with all your heart.

2. Learn to respect everyone working in your business

Honor all the people working in your office and share your profit among all. 

And when you do this, they will also do a better job than you thought.

3. Learn everything related to your business

Once Sandeep Maheshwari  (   owner of Image bazaar company) told that you should come to do every little work of your company by yourself. Only then you can succeed in business

4. Keep your expenses low in the beginning. 

Nowadays it is heard that people start a business by taking loans and buy a good car before those loans. You start your business well first and keep spending from work to work.

5. Praise employees - 

If you do any good work in your company, praise it. Praise is one such solution that will keep your employees excited.

Related Blogs: Jignesh Barasara – How to Rekindle Your Passion for Leadership

6. Come work, do not say work-

This story comes in this context, once a person had 2 sons, he divided half of his life into those two sons. 

After some time it was seen that a son had a lot of money and a son's land was sold,

then the first son was asked how did you succeed so he told that I always believed in working together. I always tell my employees to work. 

On the other hand, his brother keeps sleeping comfortably and tells the laborer to work in the field. 

Friends, we all have one thing to learn.

7. Give more than expected to your customer -

In a market, there are 3 hair cut shops nearby. Which shop would you like to visit? Once you will go to any shop, but the next time the one who will give you more convenience will go to the same thing also applies to you when you give more than expected to your customer, he will also come back to you.

Seven Reasons Why People Love Success

Who doesn’t love success? Everyone does but not many wishes to work for it. They want it to be served on a silver platter. Only a small percentage may be fortunate enough to be served so. But the others always yearn for it and some do strive hard to achieve it and attain it too. But why people love success wonders Jignesh Barasara Let us find out.

Success may be defined differently for different people but the main idea is to be successful in what they wish to do.

·         When you attain success in something you have done you get a sense of achievement. This is a good feeling and whatever efforts you have put in have borne fruit.

·         This success then instills confidence in the person. It is not easy to be confident every time but when you become successful in something you gain some more of it and this paves the way for so much more.

·         Thus success can lead to growth too. Because you have attained success in something you gain confidence and then you wish to venture into something new and you are buoyant and sure that you can achieve more. This leads to growth.

·         This growth leads you to venture into new fields and brings more success. This can even gain attention from different people like your peers, elders, friends and also rivals. When you gain attention your popularity increases and many people come to know about you and your work. You get followed and you also gain a lot of more respect. This is all because you have attained success.

·         This again bring in a lot of praise from all angles and may also earn you some awards and rewards. This is another form of achievement and makes you more popular and well known. People will want to emulate you now.

·         This name and fame will earn a lot of respect and admiration not only for those who are younger or under you but also from the ones who are senior to you.

·         All this now increases your popularity and you become well known not only to your near and dear ones but you become a rage on the social media and among the business fraternity.

Success in one field can make a person achieve a lot of things which will not be possible when a person fails even after multiple trials. Success gives so much to people. Once successful in something you can see more success following you. Then you do not have to run after success. It will be the success running after you.

Is this reason not enough for people to crave for success? Yes, but it should not be a success at any cost. It should be success gained after hard work. This kind of success is lasting and even you will be proud to have it and keep it for long.

Visit: Jignesh Barasara

Gratification in Business the First Sign of Fall

There are a number of examples in the business world where a few companies have a successful run generation after generation. What can be behind this century of success story that such companies have become an inspiration to the entrepreneurial fraternity the world over? The main reason cited for this is that these firms did not allow any kind of gratification to get the better of them feels Jignesh Barasara

The maxim at these companies has to be always to achieve more and never be satisfied with whatever achievement you have got. With this dictum to climb higher and higher always took them to the top and made them retain the spot for centuries in their field. These companies stood the test of time. Others came as their rivals had their successful run but eventually faded out. And why did they peter out is because their success went to their head.

Once when someone becomes successful and achieves what they have aspired for satisfaction creeps in. this is human nature. Once this feeling of fulfillment and achievement gets in then people begin to become complacent. In business when you become so your fall starts. You no more want to compete or surge ahead. You have remained in the top spot and you think this is the end.

Yes, in a way you are right it is the end of growth and your success story. What went wrong with the success story is the gratification and the feeling of achievement. When you were in your euphoria someone else who was ambitious took over from you and gave you a great fall.

You have in the world some brands that are popular even after centuries and you have families that are loyal to this one particular brand from generations. Making a profit and remaining in the market, retaining old customers and then garnering new customers time and again for an epoch is no less feat for this company. but when this sense of success and accomplishment creeps in you are in for a fall.

Your top position is lost to some other rival company. your market value which was the highest will have now diminished. So to stay on top you have to buck up and shed the content feeling. Get to know the present market trends and make yourself available in the race to the top position. You can regain your spot. Not you nor your employees should show any feeling of achievement.

Your policy should always be to achieve more and to surge ahead. You as an enterprise should be able to adapt and also accept the latest trends and include them into your business strategy. Flowing with the tide you will sail through and will come out with flying colors.

Avoid These Mistakes To Scale Success For Startups – Jignesh Barasara

Setting up a startup is an easy task as several people have done this. However, is it easy to sustain your dream venture for long? No as many who have tasted defeat will tell you. They made some mistakes which could have been avoided to scale success and make a mark in the business world and reach the top.

So let’s list some of the common mistakes that led to the failure of the startup ventures says Jignesh Barasara.

Doing everything by oneself. You will overwork leading to fatigue and loss of energy at a faster pace. So depending on the size of your venture have assistants for all the works at the startup. Assigning work to others and sharing responsibilities will reduce your burden and you will have more time for planning.

Not adhering to punctual time schedules can lead to an easy downfall as targets and timeline may not be met and can be cause for losing customers.

Not holding others accountable for some grave errors can ruin your chance for startup success. Anyone who has done a mistake has to own up, rectify and not repeat it including you. Otherwise, you can forget treading the success path.

Starting a business just for the heck of it. You need to have a genuine interest in your startup and what you are offering. If it is just a spur of the moment upshot, then you may lose interest in its development and growth. Is this reason not enough for its demise?

Too much immersed in details can lead to failure easily. Perfection is always the ultimate but not in the initial stages when trial and error method, especially at the designing stage, is being followed. So have some compromise at the start otherwise your startup will never see the light of the day and will remain only on paper. There is room for improvement and do it gradually to perfect it at a later stage.

Hiring too many people at the start can call for an early fall. 

You may not be able to make a profit in the initial stages. Then there won’t be enough funds for the people on the payroll after a couple of months leading to chaos and dissatisfaction. This can stall your success.

Starting with too little capital is risky and can lead to a stagnation stage. This again gives room for shelving success.

Not exactly knowing the customer needs and doling out products that have no real demand cannot lead to a successful startup venture for long.

Not having a proper strategic planning at the initial stage is not a way to set up a startup. This is a sure shot path to failure as in the midway you will be gasping for ideas and planning which may not be available.

This is not an exhaustive list but keeping these points in mind you will know what mistakes not to make your entrepreneurial dream a success.

Economic Growth 2021 Forecasting For Manufacturing Vendor - Jignesh Barasara

Economic growth and its forecast will depend on the future marketing trends and also demand of different products. Creating a demand for the products and meeting its supply will create for a stable business model and also boost economic growth.

The manufacturers need to tap into this when there is demand for certain products they are making to help boost their business says JigneshBarasara.

Most of the businesses are interdependent. When one of the sectors gets weak or unstable then many of the businesses get affected. To help the manufacturing vendors have a stable growth and to know what the future holds for them they need a forecast for at least a 3-4 years ahead. It is the work of the economic bodies to make such forecasts. This being the year 2018 the forecast for 2021 can be predicted. This is based on the present scenario in the economy and what can be expected on the basis of today’s trends on the global front.

There are many criteria that help for the growth of any sector. For the manufacturing sector they need to have manufacturing knowhow, good infrastructure, support from the government, ease of doing business among other points.

Today in India the ease of doing business has improved as some of the restrictions that were imposed have been removed. This has given a boost for the manufacturing sector. It has become at par with the global standards and the Indian goods have a better market for their goods in foreign lands now. Thus you can forecast that there is scope for ample growth for this sector as you can see the number of such vendors growing in different areas of manufacturing. This will add to the economy of the country.

India has a huge skilled manpower and so the cost of attaining can be said to be relatively low. This helps to minimize the cost of production making way for better pricing and increasing their penetration into markets not pursued. This will surge demand and sales and bring in ROI sooner.

The infrastructure plays a huge role for manufacturing sector.

 The bar for this at the global level has been raised. Indians have to match this up to stay in the competition. With different kinds of technological advancements and the reach of these on the global platform becoming bit easier the latest trends of these have been deployed here too. So it has become possible to make goods at the standards of the global level.

The manufacturing sector will be seen to add to the economy in the coming couple of years what with the support of the government and offer of initiatives, incentives and tax reforms for startups. This is surely going to see an increase in the number of products made along with number of people joining this sector swelling thus giving a boost to the economy by the year 2021.

Prioritize Well Being Of Employees To Give A Boost For Its Growth

Put of the 24 hours a person has per day he or she spends more than half of it at the work place or work related activities. A small portion is gone for sleep so only a small portion of the day is spent for personal and family time.

This is true for all the people employed in a company. When a person can dedicate so much to the company he or she works is it not imperative that the employer does his or her part too. It is high time the employers realized this and give some thought to the well-being of the employees feels Jignesh Barasara.

Considering of their wellness can be done in multiple ways like empathizing with a sick person, and sanctioning leave for any family functions and so on. This gives people working in the company a feeling of belonging and will encourage them to work harder for the company.

There are a lot of benefits to the company when the employers have some consideration for their employees. An employee feels overwhelmed when the head of the company shows some regard for his or her well-being. This will also earn the loyalty of the employees too.

This motivates the people associated with the enterprise to work harder and more diligently. This can lead to more productivity and hence revenue. Also when more people work for the welfare of the company their customer service also increases which will boost their reputation this also paves the way for the growth of the company.

All in all, when the company proprietors think of the wellness of its employees it is profitable in more ways than one. And when the profit is shared with the employees once again they get a feeling of belonging and can dedicate more of their time and energy to the betterment and growth of the company.

Being good and concerned about anyone has always been beneficial in life so can any business venture be devoid of it.

Visit: Jignesh Barasara 

Read Also - Noteworthy Characteristics of Great Leaders

Learn how to become a smart businessman from Jignesh Barasara

To become a smart business professional in life, you will have to be skillful and motivated towards your duties. Besides, you need to get depth understanding and knowledge of the industry in which you want to trade or going to launch a new startup. Apart from that, there are many tips and tricks to know which are essential to get succeed in a professional career. If you are unable to find your ways in business industry, you should take the aid of experts in the market. It would be wise to get in the supervision of the finest entrepreneur in the market.

An experienced entrepreneur can help a lot in your business to grow or get established in the competitive market. One can find many famous entrepreneurs and business tycoons in India.

For instance, Mr. Jignesh Barasara is a leading name in business industry in the country. His contribution to the business sector in India is always commendable. He has nurtured many small businesses and startups to stand on their feet and grow well in the cutthroat industry. He suggests better tips and tricks to get succeed in business and be a professional entrepreneur easily.

Jignesh Barasara gives eye-opening tips and tricks, which can be effective in boosting the success rate of business. According to him, if you want to grow business in the field you should have:

Enough Fund For Business: You need to arrange enough fund for business to mobilize all its required entities, material, workforce, etc.

Skills to Spend Fund: For business growth, it is essential to know, where to invest money in business. A skilled businessman spends money in right areas of a business and turns it into output easily.

Right, Use of Manpower: A smart businessman should know how and where to utilize manpower of the firm. He always hires skilled and experienced employees in house and train them to generate leads, sales or revenue for the business.

Thus, above are few vital tips and suggestions given by Jignesh Barasara, which can help an emerging business tycoon in the industry with ease.

For Info Visit Official Site

Noteworthy Characteristics of Great Leaders

Extraordinary leaders are made, not conceived. Regardless of the possibility that you are conceived with specific qualities and abilities, you figure out how to ace the craft of initiative just by building up those aptitudes and gifts. Being an awesome leader takes rehearse. There are numerous successful leaders, for example, Jignesh Barasara, from whom we should find out about the abilities they gangs as an incredible leader.

Below are the attributes that leaders should have to end up being distinctly effective:

1.        Confidence

There will be times when you won't get returns as expected, or when the eventual fate of your image will be troubling. It occurs with both of all shapes and sizes organizations. Yet, in such a circumstance what a leader does is, he/she puts out flames and keep up the camaraderie. Your key target as a leader is to keep everybody working and pushing forward.

2.        Commitment

You have to show others how it’s done in the event that you need your group to deliver the quality item. By putting genuine endeavors in the work, you won't just win regard from your representatives; additionally, show them how it is conceivable with the goal that they will probably convey the best.

3.        Delegate

You have to trust your group to satisfy the vision of your organization and advance to the following stage. Designating undertakings to the proper divisions is a standout amongst the most important aptitudes you can create as your business develops.

4.        Honesty

On the off chance that you make legit and moral conduct a key esteem, your group will stick to this same pattern. By accentuating the benchmarks of being straightforward, and showing the group about yourself, you will ideally impact the workplace environment into a cordial and supportive workspace.

5.        Communication

Speaking with the workers takes care of half of the issue. You know there is some inconvenience when you convey to them about something and you witness clear faces. Having the capacity to obviously and compactly depict what you need to be done is critical.

One thing is certain that we should find out about relationship building abilities' from the fruitful leaders on the grounds that their stories give you the intimation to accomplishment in this world. A name which strikes our mind when you discuss awesome leaders is of Jignesh Barasara. Jignesh Barasara is one of the Directors of AlphaMD Private Limited who has achieved status with the assistance of information, his initiative abilities and inspiration. With a dream to change the way in which life sciences and investigation services are given to pharmaceutical industry, AlphaMD was started by experienced leaders and subject matter experts from pharmaceutical, consulting and financial industries.

For more information, you can visit our website - http://jigneshbarasara.com/