The business lessons we’ve learned from Conor McGregor. Business is ruthless. regardless of how long you’ve been in the game, everything you’ve built can go down in a split second if you don’t play your cards right.
We can almost compare business to a series of UFC fights where you’re constantly fighting competitors, trends, exchange rates, standards. You’re always in a fight to not only survive, but to also win the big belt – the well deserved symbol of your efforts. Seeing that at the moment the entire world is in love with Conor McGregor – the first fighter to ever hold champion titles in two weight division simultaneously, we thought we could learn a thing or two from this extravagant champion. At only 28 years, McGregor has understood the importance of perseverance, daily training and will power. How does that translate into the world of the business? The whole point in life and business is to better ourselves everyday, be the best version of yourself, and how McGregor has said it, ‘don’t just take part, take over’.
Follow us: Why we partner with White Label Companies and Digital Agency Resellers. Because we love to help build global workforces.
In a world of tremendous competition, innovation and flawless customer service have to be nothing short of impressive. And we reward our clients who so modestly offer it. The Difference Between Offshoring & Outsourcing. There’s a common misconception that Offshoring is the same thing as Outsourcing.
While the two can work together, separately, they mean different things. Offshoring means your work is getting done in another country by trained and skilled people, whereas Outsourcing means you’re contracting work out to a third party. Both processes can take advantage of specialised skills, but also lower costs and getting work done faster. Enthusiasm is the Key. There are times in business when you hit a plateau.
When you realise you’ve been doing the same thing for such a long time that it’s not giving you anymore satisfaction. And that’s alright. We’ve all been there. We’ve all struggled with it, you get anxious, lose patience, revolve your life around your work, become impatient, and pretty much lose all interest. The Why to Outsourcing. We’ve talked a lot about how outsourcing can help you reduce costs and improve productivity.
After all we are the leading company in The Philippines within the BPO industry. But that’s not the point. Knowing outsourcing is good for your business is not enough. You first need to understand why outsourcing is vital for any growing businesses across the globe. So we have listed a handful of reasons below. Outsourcing is not just about cost saving anymore, it has become a strategic tool that powers this century’s global economy. 1. 2. 3. 4. 5. 6. 7. Follow us: How to Choose the Right Outsourcing Company. Deciding to outsource might just be one the best decisions you could make for your business.
Clearing your day of the everyday noise, allowing yourself and your team to focus on the money-making activities is the most important step towards automating your processes. Attention Span In Business. We live in an age where we can quite literally get distracted by at least 5 things in the same time, while trying to do our job.
Starting with phone notifications, emails, and calls and ending with pop up ads, shopping and even food. The human attention has become so scarce that we can no longer enjoy a minute of our time without trying to do two other things at once. Having access to last minute news, variety of services and the rest has scientifically proven that humans have shorter attention span than goldfish. Your Company’s Foundation. Whenever you think of outsourcing, think of how you can ease your workload, but also how to make it easy on the staff as well.
Offshore outsourcing has numerous benefits that we covered so many times with you before; When you outsource offshore you save money and time, without having to set systems in place for management and human resources, for example. Everything functional that is meant to make your life easier is all setup for you, but that doesn’t mean your staff can work without you from the get-go. When you outsource offshore you have to understand that your staff need to be briefed on what your company stands for, what it needs, and where it’s headed.
And you are the perfect person to give them that insight. The way to do that, besides providing them with a job description, of course, is by providing them with examples of what you need doing. Prepare to Sell your Business. Do you see yourself working a lifetime?
Doing the same thing, struggling to always be creative, innovative, different from competition? Some of you might answer ‘yes’ to that question, but for the rest of you reading this, let’s discuss why that option doesn’t sound too appealing. Doing the same job, within the same rules, alongside the same people gets boring. Not only that, but it becomes consuming. Businesses nowadays are either a legacy well kept throughout generations in the family, or they’re a trading good that smart people recognise the value of. Let me put it this way. Better and Improved. When you’re a big and established brand, you always seek to better and improve your range of products and services.
Look at Facebook for example, they simply don’t stop. They always seem to provide their users with more and more features, so the platform doesn’t get too ‘boring’ or underused. From design capabilities, to different ways of uploading your pictures, even transferring money between accounts, Facebook and big brands alike have revolutionized the way they service their users and clients. What does this teach us? Is the Customer Always Right? In a time when businesses try to adapt to the customer’s needs more than ever, and try to accommodate them to the best of their extent, thinking customers are always right can do more damage than good. Understanding your customers is vital to your business for a number of reasons, but mainly it helps you provide greater services. By listening to complaints or suggestions, you can work on improving your work. That’s all well and good, but when you allow customers to take advantage of your good will, you’ll find yourself frustrated and floating in a sea of forever unpleased clients.
Yes, you need happy customers in order to run a happy business, but having happier employees is what will keep your business alive. See below why. 1. Having to deal with bad clients is one of those things that can be really hard to put up with. 2. From Solo to Global. Growing your business from the startup stage into the growth stage is something every entrepreneur dreams of in their first day of sale. We all picture creating an institution, a well-oiled machine that runs by itself, beats competition down every quarter and is recognised as an established company.
Dreaming is the first step to creating, but in order to turn your dream into reality you need to go through a couple of steps that are meant to keep you focused and help you leverage of every tools possible for a swift and correct scaling of your business. For starters, you need to identity your key roles within the company and empower your employees. Day-To-Day vs. Yearly Objectives. We all have yearly objectives for our companies. Be it reaching a certain financial milestone, growing the team, or increasing the number of products or services offered, the list is endless. In order to achieve these objectives though, there are certain steps that need to be followed, and necessary activities that need to be done to a specific standard. This translates into processes that need to be done on either a daily or a monthly basis by yourself and the staff working for you. In theory It’s easy to keep track of all the activities that each of you are undertaking, but in practice, our attention and focus can easily be distracted in the day-to-day activities, so what is there to do to keep focus on the higher objective and make sure we’re heading in the right direction?
1. The mission is that big achievement of the year. 2. Managing Time. As a business owner you know how important time is. You get sucked into so many things that you don’t want to be doing and at the end of it you’re left with frustrations at the idea of all the things you could have achieved instead of replying to emails, dealing with complaints or answering unnecessary calls. But we’re here to tell you it all gets better. It’s a learning curve. Is Your Business Sustainable? Having a sustainable business is not a trendy thing anymore. It’s a necessity. It’s a misconception that only production companies can “go green” and beware of the carbon footprint and materials used. Any business can have a sustainable approach and it can be applied to either the global or local environment, community, society or economy. Running a sustainable business, means you’re not in the game only for the profits.
You want to make a change for the better, for the world that you and your family live in. A sustainable business is an organization that is involved in environmentally friendly or green activities to ensure that all processes, products, and manufacturing sit in line with the current environmental and social concerns, while still making profit. It’s basically how businesses operated back in the day, with the added benefit of modern technology and information that we now have access to. Friends, Family & Fools. So many startups find themselves in a situation where they can’t get funds to kickstart their business by getting funding at the venture capital level or even with angel investors. What About Competition? How do you stay above the line of what your competitors are doing? The Internet has opened the doors to so many people that want to start doing their own thing, and more often than not the startups are so creative and hungry for success that even the oldest of players can get defeated by them.
So what is there to do to be always innovating, ahead of all the other players, keeping customers happy and curious? For starters, always research what others are doing. Why Marketing Your Business Takes Time. We all want results, and we want them now. What We Learned From Our Clients. We are a busy company. Steps in Promoting your Virtual Staff. Like in-shore employees, remote workers require supervision, structure, focus and rules. How To use Offshore Staff For Marketing & Lead Generation (& Also How Not To Use Them)
By: Monty G. Hooke. Outsourcing your Accounting with EzyVA. In any business, accounting is a crucial function to manage the company’s resources and skills. However, more often than not, there are instances wherein the company don’t have enough manpower to conduct their own accounting; This is where one of EzyVA’s outsourced accounting services comes in. How to Hire an Outsourced Web Designer? What You Need to Know about Outsourcing Database Administration. Database Administration Outsourcing, or most commonly known as Remote Database Administration, provides supplemental expertise for the maintenance and support of operational databases and usually it happens outside norman business hours (usually 24×7). How to Successfully Outsource Social Media for Your Business.
Some businesses are not ready or unable to commit the time and resources to managing a full-force social media campaign for their brand/company. This is where the outsourcing of your social media services and activities with EzyVA come to play. The Outsourcing Delegation Equation – How To Work Successfully With Offshore Virtual Team. How to Use a Virtual Assistant to Help You with Admin Tasks. Your Business is Not as Good as You Think It Is. Four Effective Research Strategies Every Business Should Implement. You’ve Hit a Business Plateau. How Do You Get a Business Started? The Pressure of Always Knowing Everything. The Power of a Startup.