Business and Money Tips

Whenever you use force to open your friend's tightly clenched fist, he will resist you even more and be more motivated to defend his position.  This is a metaphor of the difficulties in getting people to change, where the clenched fist represents the stubbornness of the person.  Instead of using force, you can use the following 10 ways effortlessly: Persuade and Influence with Win-Win. Such softness will overcome all harshness. Distract that person and when catch him when he is in a weak moment. Common distractions include phone, food and news Give that person a benefit.  This works all the time and benefits can be tangible or intangible.  You can sincerely praise him in 10 ways, see the article at here Get a more friendly person to do it. This is because no one can resist a friend's request Wait for a Better Timing .  Offer Your Help.  This will reduce their resistance immediately Take Away. When you tell people 'don't change', they will cha...

As a person that has gone through many formal (e.g. MBA) and informal training, I realize that very few teach us how to manage the business in a downturn. Turn open the newspaper and you'll find talks advocating "how to build a brand that lasts", "how to increase sales easily" etc. Most of them are talking about how to do things in a normal economy. But we know that currently the economy, especially Singapore, is in decline. There is no growth in the July to September 2013 Quarter. In short, hang cheng pai or 行情坏！ In bad times, here are the 5 things you must do to manage your team: Need not use money as a motivator - because everyone is cutting bonuses, if you just maintain last year's bonus, you're already paying higher than market!  Leadership is most critical . In good times, even if you have a lousy or absent leader, the business will still grow. But now if your managers are a little ineffective, you can see all the ill effects in the business. ...