Friday Cartoon: Changes
Author Archives: Irena Kagansky
Defining Yourself: Three V’s of Business
Lizzie Velasquez, is a twenty-five year old young woman, who has a rare condition, which prevents her from gaining weight. In all of her life, she has never weighed more than sixty four pounds.
As a result of her predicament, she has been bullied, teased and labelled “the world’s ugliest woman”.Through it all, Lizzie has maintained her fighting spirit and an impeccable sense of humor. She is now a successful motivational speaker and author. Her book entitled “Be Beautiful, Be You” has inspired many to ask themselves a question: What Defines You?
After watching Lizzie’s @littlelizziev amazing Ted Talk video: How Do You Define Yourself? (below) not only was I profoundly moved but I begun thinking of the reasons why businesses of all types not excluding innovators and entrepreneurs, are driven to start their own business to begin with.
I believe that people who share a curiosity for ideas, learning and creativity, are those who want to see a change in the world and their community. They are the kind of people who like Lizzie, have arrived at a series of personal life lessons based on individual experiences, which in turn, enable them to come up with innovative concepts (For Lizzie, its becoming a motivational speaker and author) that are drawn from a desire for self expression. What I mean is, any entrepreneurial formula, that is dictated by external influencers, e.g. money,well meaning friends, unforeseen turns of events or imposed criteria for success, other than the answer to What Defines You, is likely to fail.
When starting your own business and determining whether or not your idea is the right one for you, I propose that like Lizzie, you ask yourself the question: What Defines You?” How well does your idea express who you are and what it is you’re looking to achieve? Any successful business to me, is one that is driven by three little words: vision, values and validation.
1) Vision: Is being able to reinvent the way you see yourself and the manner in which you can contribute to those around you, be it an idea or a service. Businesses that fail to properly reflect and define their own vision and motivation for doing X, will ultimately be overtaken by someone else’s viewpoint and ideals. Think carefully about the things you want to achieve and why its important to you. Take this vision and position your story in a way that people can relate. Always be a person first, businessman/woman second.
2) Values: Before embarking on a business venture consider again, what interpersonal value systems and beliefs have prompted you to consider starting a business like yours. What interests, concerns or motivators have inspired you to provide your service, sell your product or idea? Lizzie’s values and vision for who she is, have send her down the path of professional speaker and motivator. What Defines You? If your business is about helping others, humanize your strategy, make connections and people will follow.
3) Validation: Make sure that your business concept provides you ample room for self expression and serves as an affirming element of your overall purpose. See that it is in harmony with the end result you want. It’s important to have a plan, follow your strengths and be confident that your venture serves to validate you and promote positivity.
At WizOf.Biz our team of qualified mentors will help new and existing businesses find the answers to Lizzie’s question What Defines You? What Is the right business for you? We’ll fine tune your vision, by providing professional feedback on your content and overall approach. Our team will also analyze your submitted materials to assist you in ensuring that your writing directly reflects your values and personal motivations. We are certain that what defines us, is our desire to inspire you to succeed!
You can also find us on Twitter @wizof_biz or visit or blog at: http://blog.wizof.biz/
We invite you to tell us your story,
The WizOf.Biz Team.
Image Credit: http://www.wallsave.com/wallpaper/2560×1600/alquran-beautiful-christmas-vision-tutorial-and-243526.html
Friday Cartoon: Data, so much data
Tweet of the Week: City Life
Today we welcome Kaite Hudson to our illustrious group of Tweet of the Week winners. I won’t spoil this one, but do follow the link for some great insight on creativity and startups.
It’s the creation of real, walkable urban environments – Why City Life Boosts Creativity, Startup Success http://t.co/LZBFMqLsxt via @forbes
— katieblaine (@KatieBlaine) January 14, 2014
Tweet of the Week: Ditching the Elevator Pitch
We’ve all heard of the elevator pitch – that crazy one minute pitch of your business idea. However, it may not always be the best solution. Today we feature a tweet by Jay Baer passing on a great article by Steve Woodruff re-examining the traditional elevator pitch. Have a look:
Marketing Strategy – Three Reasons to Ditch the Elevator Pitch (good one here by @swoodruff) http://t.co/enIHvrqAFN
— Jay Baer (@jaybaer) January 6, 2014
The Pros and Cons of Business Outsourcing
It is no secret, that managing a small business well, is not a walk in the park. In fact, any business owner knows that entrepreneurial success means hard work, patience and perseverance. Thus, business outsourcing has become an integral part of our economy. A wide range of outsourcing services is now readily available to businesses worldwide. These include assistance with employee recruitment, product or service management, consulting, manufacturing and client representation. Countless books on outsourcing such Outsourcing Agreement: A Practical Guide by George Kimball and Information Technology Outsourcing Transactions: Process, Strategies and Contracts by John K. Halvey just to name a couple. Really, there is no right or wrong answer when it comes to outsourcing your business simply research well and follow your instinct.
Even so, I’d like to discuss with you, the pros and cons of outsourcing. My goal in writing this post is to help you make an informed decision about whether or not outsourcing is for you. Once you have carefully gone over the pros and cons, your next step is to determine if outsourcing suits your business style, goals and needs.
The Pros List:
1) Outsourcing gives you the opportunity to think more critically about your skill set. Ask yourself “what do I truly excel at?” “What tasks would others be better at than I?” Going through this type of self assessment can give you a new perspective and focus your overall efforts. This way you won’t have to know it all, and rely on others to get the job done.
2) Making the right cuts can be easier with outsourcing as it potentially offer greater flexibility and freedom. You might even find it less of a challenge to keep employees on task and keeping yourself on target. You are likely to continue to do your job well and maintain a positive environment.
3) Imagine being able to save money like never before. Of course, your company size and the scope of outsourced responsibilities. For instance, an IT business will save considerable cash simply by outsourcing its services rather than paying someone locally. Other tasks like bookkeeping and administration can also be done out of office for optimal cash flow.
4) Time Management is everything when it comes to business. Professional recruitment agencies can be the answer to your prayers when it comes to finding the best candidates to represent your company’s values and vision.
The Cons List:
1) If taken too far, outsourcing can quickly turn into a risk. Make sure you understand exactly what products and/or services you are outsourcing and why. Be ready to answer this important question: does your decision to outsource, coincide directly with your long term goals and objectives?
2) Customer Relations and finance management should probably not be outsourced. Keeping in good standing with your clients is something that cannot and should not be outsourced. This is strictly your responsibility and how well you do this, will reflect directly on your business. You should probably probably keep a close eye on your financials.
3) If you are prepared to give up control of your own company then outsourcing might be for you. Keep in mind that trusting someone else with your business means having the faith that they will respond to business growth appropriately and evolve along with you.
4) Producing favorable results isn’t always easy with outsourcing. It’s impossible to ensure a positive experience at all times. Choosing to outsource, can drastically undermine your objectives and put a cramp in your overall business culture.
Think carefully before considering outsourcing as an option. What value if any does it add to your business? Does it make practical sense to outsource? I’d advise you to use your business know-how and intuition.
12 Days of Business: Business According to Fail Blog
Did you miss out on some of our best business posts in 2013? Don’t fret; In the holiday spirit, we’ve decided to share with you, the top twelve posts that we feel will help you achieve optimal entrepreneurial success in the coming year!
Wishing you a joyous holiday season and a happy and prosperous New Year!
The WizOf.Biz team.
Business According to Fail Blog
Is your business not going quite right? Well, no use in crying over spilled milk, because you are not alone. As you know, all businesses start with an idea and an intention but you will not, nor should you have all the answers 100% of the time. Just remember, someone’s always in your corner, with WizOf.Biz, you can be sure to find fresh ideas on business development, strategic planning, mentorship and more. Our business experts believe, that when it comes to running a business, as in life, you have to be willing to take risks, think outside the box and bend the rules; but most importantly have a sense of humor!
I will go ahead and turn the odds in my favour by showing you the lighter side of business with FAIL BLOG, a popular comedy photoblog and search engine, that gives “funny” a leg up. Lets take a look at a few of my favorite business pics that will get the haha out of you.
1) Cat in the box: Sometimes in business, you just have to get creative even if it means placing yourself in a box to be kissed by complete strangers; more kisses, more dimes. Not only is it a brilliant publicity stunt, but you might even get a promotion. Take for instance,the Temporarily Unpopular Marketing Ideas a unique organization that takes your wacky ideas and makes them a reality.
Often we forget that when it comes to running a business, it is important to be yourself, think outside the box and give people what they really want; to share in who you truly are, what you think and how you can make a difference. If Sir Richard Branson can wow people with his sense of humor and a winning personality, you can too.
2) Selling Crap: So, what? Lots of people make money selling shit. Take for instance Holy Crap I mean, does anyone think it is actually good? Hmmm….however, the people behind the crap, are friendly, approachable and they did a superb job packaging their product. I’m saying its not what you’re selling but how. Think on your feet and put your best crap forward. You never know who will pick it up.
3) Casual Business Attire: There is no shame in wearing shorts for business as long as you do it with purpose and confidence. If you can laugh at yourself, people will laugh with you. FunnyBusiness.ca can make any business meeting or event into a laugh out loud shindig where, you too, can let it all hang out.
4) Homer Reading Encyclopedia On Marketing: You don’t need to be a genius to come up with some of the most Remarkable Marketing Campaigns Ever! Yes, it funny, yes it might even be outrageous; but it works!
Whether you are re-branding or about to lend a new client, remember, you’re in the business of selling yourself first. The truth is most people buy into you, before they ever buy into your product or service. So sell your ideas first. If you sell the why -what you believe in, you are on the right track.
For more inspiring posts visit the WizOf.Biz blog or connect with us on Twitter @wizof_biz. We are here to help.
12 Days of Business: Toronto Ranked Fourth Best City For A Tech Startup
Did you miss out on some of our best business posts in 2013? Don’t fret; In the holiday spirit, we’ve decided to share with you, the top twelve posts that we feel will help you achieve optimal entrepreneurial success in the coming year!
Wishing you a joyous holiday season and a happy and prosperous New Year!
The WizOf.Biz team.
Toronto: Ranked Fourth Best City For A Tech Startup
More and more startup tech businesses are choosing to set up shop in Toronto, says Toronto Star’s Business reporter Danna Flavelle (Twitter: @DanaFlavelle) in her article entitled Toronto tech: City is fourth best place in the world for a startup. According to a California based research organization, Startup Genome, Toronto is the fourth best ranked city for startups and tech related businesses, while New York City and London taking the lead.
Canadian serial entrepreneur Christian Lassonde is an excellent example of the growing scene in Toronto. He has has recently come back home from the USA, to “bring some of that entrepreneurial spirit back to Toronto.” Christian is currently chief venture adviser at The Next 36 a UofT based initiative that chooses a total of 36 undergraduate students each summer to work on 9 tech and mobile apps companies.
I cannot but agree with Lassonde, when he says “It’s hard to start a business anywhere. There’s no question there’s a higher concentration of venture capitalists in Silicon Valley, but we have quite a few VCs here and it’s certainly not a barrier to starting a company in Toronto.”
We need to foster the entrepreneurial spirit of our city. It’s crucial to our economy, to continue to encourage startups and young entrepreneurs to pursue new business ideas through mentorship and innovation. It is up to us, as a city to persuade others to invest in our future and that of young entrepreneurs who are ready to flourish.
For more information on how WizOf.Biz can help your company or startup move forward contact us directly or find us on Twitter @wizof_biz
12 Days of Business: Five Amazingly Inspiring Business Videos From TED Talks You Should Watch!
Did you miss out on some of our best business posts in 2013? Don’t fret; In the holiday spirit, we’ve decided to share with you, the top twelve posts that we feel will help you achieve optimal entrepreneurial success in the coming year!
Wishing you a joyous holiday season and a happy and prosperous New Year!
The WizOf.Biz team.
Five Amazingly Inspiring Business Videos From TED Talks You Should Watch!
TED Talks (Technology, Entertainment, Design) is a beloved ideas sharing conference that is now presented worldwide to a viewership of over one billion. The amazing thing about TED in my opinion, is that the guests who share their insight, truly showcase the cultural,visionary and creative depths of people everywhere. The series, fulfills our collective desire to connect and inspire each other. In short, what a brilliant excuse, for innovators,artists and business and technology experts to come together in order to challenge perspectives and offer infinite possibilities for learning.
Here are five of my picks for best TED business videos that will knock your socks off! Each one of these makes an insightful and compelling argument in support of a more creative and inspired future in business and entrepreneurship.
1) The Puzzle Of Motivation
Professional analyst Dan Pink, takes a close look at the intricacies of intrinsic and extrinsic motivation. He brings into question the value and effectiveness of traditional reward systems. Quite simply, based on plenty of scientific evidence,says Pink, the traditional financial incentives of carrots and sticks used to motivate employers do not work.
So why do most businesses today, continue to employ extrinsic motivators of carrots and sticks as a way to incentivize workers? The answer according to Daniel Pink, is, there continues to be a disconnect between “what scientists know and what businesses do.”
2) How Great Leaders Inspire Action
Simon Sinek, talks about what he calls The Golden Circle of why, how and what. Sinek examines the idea that people generally don’t buy into what you do but rather why you do it. If those you hire, believe what you believe, they will work tirelessly towards that purpose.
Simon puts forward Apple Computers, Martin Luther King and The Wright Brothers as examples of a company and people, whose primary focus was on the purpose of their idea not necessarily the value. In other words, people want to know what you believe in, not what you’re selling. Great leaders share their stories about their passion, not their need for increased cash flow. Companies need to learn to communicate from the inside out, to make their message purposeful and inspiring.
3) The Era of Open Innovation
Charles Leadbeater is a U.K. based author who works and has published a series of books in areas of Social Entrepreneurship and innovation. His latest book entitled Innovation In Education: Lessons From Pioneers Around The World, looks at the very real movement towards worldwide efforts in education and innovation.
Anyone across the globe, regardless of their socio-economic background or cultural stature, can, and has embraced innovation and Enterpreneurship as a way of learning and moving towards the future of creative thinking. Innovators are no longer defined as the elite, rather we are beginning to see innovation emerge amongs those living in less than favourable conditions and representing an array of previously untapped communities. Take a look at this TEDTalk video for a complete overview of Charles’ Beater’s presentation.
4) Let’s Raise Kids To Be Entrepreneurs
Cameron Harold, discusses how crucial it is that as a society we focus more on teaching our kids exactly how to be entrepreneurial. While in schools, we do make sure that children learn math, numbers and even basic business skills, Cameron says, but do we really prepare them for what it means to have an entrepreneurial mind? Can they grasp the concept of innovation and creative thought? The faster we can show young kids how to become true Entrepreneurs, the faster, we as a society can become smarter.
5) What to Help Someone? Shut Up and Listen!
Ernesto Sirolli, is an internationally known leader in the area economic development and sustainability. He is also the Founder of the Sirolli Institute,a non profit organization dedicated to teaching business leaders in the community, how to manage and maintain entrepreneurial initiatives.
His TED Talk discusses just how often we in the Western world are compelled to jump in headfirst to “help” others maximize their resources and improve potential for Entrepreneurship.
The problem with this approach, is we do not stop to listen to the specific needs and ideas of communities. Instead we impose our own perspectives and completely ignore the entrepreneurial spirit of others. It is time for us to “Shut up and listen!” says Sirolli, after all, “we can not be successful alone.”
Find out how WizOf.Biz can help you sharpen your entrepreneurial objectives and lead you to fantastic business breakthroughs with practical advice and innovative strategies. We look forward to working with you. If you’re in the mood for more insightful posts, videos and business advice check out our blog or look us up on Twitter @wizof_biz
12 Days of Business: Amazon CEO Jeff Bezos: Success Tips For Business Executives
Did you miss out on some of our best business posts in 2013? Don’t fret; In the holiday spirit, we’ve decided to share with you, the top twelve posts that we feel will help you achieve optimal entrepreneurial success in the coming year!
Wishing you a joyous holiday season and a happy and prosperous New Year!
The WizOf.Biz team.
Amazon CEO Jeff Bezos: Success Tips For Business Executives
When Jeff Bezos discusses what makes him successful, business people everywhere should pay attention. As founder and CEO of Amazon.com, business advice from Jeff is invaluable. In case you didn’t know, Amazon.com sells a wide number of books, products and accessories to happy clients. Despite feedback from skeptics and publishers, Bezos went on to introduce a whole host of innovative technologies which opened up opportunities for other internet based businesses.
The Five-Time Tested Success Tips From Amazon Founder Jeff Bezos is a fantastic article by The Globe & Mail in which this brilliant business innovator gives entrepreneurial executives his top five tips for business success.
One of the things in this article that resonates with me the most is the idea that the type of corporate culture you introduce into your business can drastically impact the end results. Making sure that you hire the best minds in the business is crucial. People on your team who know how to be both stubborn and flexible in their decisions, will be the ones better able to add to and enrich your business vision.
Don’t forget to visit the WizOf.Biz blog for more expert business advice, helpful websites for entrepreneurs and more articles like the one shown in this post.