According to Bloomberg news, 8 out of 10 businesses fail! This figure should scare away anyone thinking of starting a business. Yet, no one wants to believe that his business will fail. But what if (fingers crossed) it does? What next?
Imagine a work place where the only sound that you hear is that of your co-worker hitting hard on the keyboard, and the only conversation you have with collegues is about business, sales, profit and growth. Isn’t that just boring?
Should leaders focus on the long-run potential of their people or short-run outcomes? Amun Thapa shares his view on how leaders can balance good results with great candidates.
When my 74 year old grand-mother asked me to log on to ‘Skype’ to check to see if my brother who lives in the States was online, I wondered then whether ‘Skype’ and ‘Facebook’ has replaced ‘Bible’ and ‘Coca-cola’ as the most popular words.
One thing we Nepalese are really good at is ‘being late.’ How many times have you attended a corporate event that has started on time? Probably none. How many times have you waited for someone to arrive for a meeting to start on time? Probably a lot of times. To conclude, we are all used to what is called ‘Nepali time.’
A while back, I and my business partner, Suraj along with another entrepreneur/leader, Pukar Malla were discussing about the challenges of being a start-up entrepreneur. And Pukar came up with this fascinating explanation; he said “it is like you’re climbing this huge mountain and you can feel how it is going to be standing on top of it. You’re struggling but you move on. But you have this group of men and women travelling with you. They are tired and want to quit. But your job as a leader is to keep them motivated, keep them united until you reach the top. And once they’re on the top, the next thing they would want to do is climb another mountain.”
Can you childhood buddies really make for great workplace colleagues? It’s an idea that most people avoid but having friends as business partners can provide larger opportunities.
Like doctors, like marketers! Both have to keep a close watch on recent activities in their respective fields since new information and technology have great impact on what they do.
lot of times, I get asked the same question, “What is the most difficult task in operating a venture?” And I come with the same answer all the time, “to delegate responsibilities and to ensure work is being executed as planned and still not be called a jerk.”