Business and Money Tips

You know when you the salesperson is frustrated with sales, you can easily turn that frustrations into money as follows: Frustration No. 1: Prospect Don’t Bother to Take a Look at My Proposal No point keep on calling and emailing him.  It’s better to just drop by a the office and ask him if there is just one thing that you could do to make him happy. If he gives you no answer, just tell him how about you dropping your price to match any competitors’ quotes. Watch what is his response Frustration No. 2: Why is my Sales Target Always Remains a Target and Not A Reality? This is because you don’t see targets set by the company as your own targets.  No one loves another person's wife, unless he sees that woman as his own family. Frustration No. 3: Why My Prospects Only Focused on Price and Nothing Else?  Because they don't see value in what your company and you do. To many customers vendors are just people out there to close the sale and not providing useful val...

To me if you don't get the most important things right, you will be spending all your life in frustration. Frustration No. 1: Why is There No Teamwork? The usual team building training only works for a short while. When work is busy, people will put team work aside and focus on individual work. For team work to be sustainable, there must be incentives pegged to teamwork.  For example, why should the Production department have good team work with the Sales Department if only the sales department gets all the commission and bonus?   Frustration No. 2: Why My Salespeople Don't Hit Sales Targets? Because they don't see targets set by the company as their own targets. No one loves another person's child, unless he sees that person's child as his own.   Frustration No. 3: Why Are My People Not Interested in Training? Because they don't see themselves becoming more valuable after the training.  To many employees training is just another boss initiative to...

Because of the tight labour policies adopted by the government since 2011, every organization, from government agencies to MNCs, from small enterprises to professional firms, from F & B establishments to manufacturing, are facing labour shortage.  This has brought about the following 5 common frustrations: Overworked staff , leading to fewer people wanting to join your industry and making new people leaving faster than before. Such outcomes only aggravate the situation and leave the overworked staff even more overworked Giving Up Opportunities to Expand Business .  Business opportunities are plentiful, but there is simply no one to do the work.  Not to talk about overseas expansions, even expanding from Payer Lebar to Potong Pasir poses logistics problems for companies Customer Service Compromised .  Unfortunately customers still expect the same level of service as before, even when there are fewer people doing the work.  Many a times managers and even...