A friend of mine who has studied various forms of martial arts for a few decades now has this saying that I feel teaches a very valuable lesson in any discipline or undertaking.

His saying: “You are always a white belt”. I think this rings true for anyone on a number of levels.

Be humble

Firstly it suggests that you are never a master of whatever discipline you are studying. With our case, entrepreneurship, it suggests that no one will ever develop a sage-like aptitude for innovative ideas that will be a hit with your market every time. [click to continue...]

Is your business facing a problem, any problem? Want to fix the cause of the issue instead of the symptoms?

It can be difficult to determine the root cause of any problem. This proves to be especially problematic if you want to prevent the same issues from repeating themselves in the future.

So how do you identify and attack the root issue as opposed to its symptoms? By conducting the age-old “Five-Why Process”. [click to continue...]

Is leading and managing about delegating as much as possible? This is certainly debatable and depends a lot on the amount of workload that everyone carries. It also depends on ones own opinion and management style.

However, regardless of your management style, there are certain things that you cannot outsource and may not be able to fully delegate.

Below are some of these tasks that cannot be outsourced. [click to continue...]