Basics Marketing Communications & Fundamentals Every Business Should be Using Most business owners and managers have heard about the marketing mix or the 4Ps of marketing. The topic has ...
Businesses that use 70:20:10 model are four times more likely to report that their staff are able to respond faster to business change, three times more likely to report improvements in staff motivation, five times more likely to attract top talent, and two times more likely to report an increase in customer satisfaction because of social and on-the-job experiential learning.
Entrepreneurs often forget that investing time, energy, and creativity in themselves is as important as investing money and mind on their businesses. Over time, this can result to fatigue, burnout, stress, and sometimes even low self-esteem for not getting the expected results from the rigorous work entrepreneurs put in. Having a little break once in a while is not bad, in fact, it can result in a continuous flow of creative juices, more energy for work, and expanded knowledge, to name a few.
These are the ten things that you should invest in that will increase your success rate as an entrepreneur — best part is they don’t all require money.