Oct, 2022

Should you start a business?

I’m sure you already know that launching a business can be an intimidating process requiring tons of hard work. And, the question of should you start a business has been lingering with you day and night.

Maybe you’re just unhappy with your current position. Perhaps you’ve always dreamed of starting your own business, or maybe you just need a drastic change in your life. I could suggest a long list of reasons as to why someone decided to start a business. I’ve heard them all.

But, the most important determining factor for starting a business is whether you have the passion and motivation to start that journey.

If you have that one business idea that stays with you that you’ve completely fallen in love with, with a desire to turn it into a reality, then it may be time to launch that dream.

However, you must also be ready for the hard work that’s involved. To be an entrepreneur and business owner, you have to be truly passionate about what you do and will do everything possible to turn your vision into a product or service for the rest of the world to enjoy.

If you sit around often daydreaming about starting your own business, or are stuck on what’s next in the process after you’ve come up with your great business idea, this is the course for you. And I look forward to helping you start, grow, and manage that new business venture.

Oct, 2022

Let me help you gain new customers

I know that you have a great business with great ideas to gain new customers. But sometimes, as business owners, we get overwhelmed with trying to do everything including sales, billing, collections, customer service, HR, and then fail to do what we love most.

Let me and my team help you by doing the research and analysis, which will give you a solid plan to follow and will help present your business or idea properly to customers, investors, or as a blueprint for you and/or your team to follow. We can help you identify marketing opportunities, minimize risks, and discover the true potential of your business and product/service.

Market research is an invaluable investment that helps save money by eliminating guess marketing. Me and my team of MBA and DBA researchers and writers work tirelessly for our customers to develop and conduct Marketing Strategies, Business Plans, Investor Pitch Decks, Grant Writing/Proposals, and general Market Research.

The main items we include in our research plans and strategies include:
– Industry/Market Overview
– Competitor Analysis
– Customer Insight
– Growth Opportunities
– Business Recommendations

The resources, time, and finances you spend on hiring us to develop your business plan and complete analysis will come back to you many times over in dollars earned and failures avoided.

Oct, 2022

Organizational Stress: Positive or Negative?

I consider occupational stress negative and generated by a lack of productivity, which can be triggered in the work area by factors including disruptive technology, communication, and a competitive environment (Mitut, 2010). Stress is known to affect employees and employers’ ability to work efficiently (Mitut, 2010). Work overload, uncertainty of future employment, punishment, lack of feedback, and powerlessness are additional causes of stress and can lead to imbalances between employer and employee (Mitut, 2010; Selart, & Johansen, 2011).

Stressful organizational situations have a large negative impact particularly in situations that involve punishment and lack of rewards (Selart, & Johansen, 2011). Stress can cause decision makers to cut corners, become more prone to incidents, abuse, and deception (Selart, & Johansen, 2011). Several studies have connected stress to memory loss due to an increase in cortisol production. Moreover, employees can often respond to stress in a negative manner, and stress is known to lead to unethical decision making (Selart, & Johansen, 2011).

Data from a study conducted in 2003 by the European Foundation for the Improvement of Living and Working Conditions entitled “Working Conditions in the Acceding and Candidate Countries (Report)” explains that stress is the second largest health problem within work organizations, with 22% of organizational members reporting having been affected by occupational stress (Mitut, 2010).

The main causes of occupational stress according to Mitut (2010) are caused by:

Unstable conditions for work activity, which can cause job insecurity.
Dissatisfaction – common in crisis situations where job restructuring results in a higher level of stress.
Work hassle – dealing with situations that damage self-esteem and depression. Can be caused by violence and intimidation.
Imbalance of time – caused by work overload, which affects the time for personal desires and needs.
In addition to emotional stress, stress can generate high cost for an organizations (Mitut, 2010). Stress causes financial loss for organizations, as
well as absenteeism, decreased productivity, accidents, legal cost, medical expenses, and staff replacement (Mitut, 2010).

Organizational stress can be assessed by implementing stress management programs, which will teach employees techniques for preventing and coping with stressful situations (Mitut, 2010). Stress can be minimized by providing employees with roles that are clearly defined and encouraging communication between manager, employee and other departments (Mitut, 2010). Manager and employee meetings can also be implemented in order to discuss employee expectations, roles, and concerns. By promoting motivational strategies that influence esteem, security, social, and self-achievement, organizational members could feel less stressful within the work environment (Mitut, 2010).

I often experience organizational stress throughout my normal workday as a marketing consultant. However, I consider stress to be a normal part of my job and I have been able to adjust easily by simply taking a time-out. By putting the stressful task aside and doing some mental problem-solving, I tend to find solutions to my problems and release the stress by taking a break. A break could either be a walk outside to get fresh air, a nap, or simply getting away from my desk and pacing in my office. The goal for me is to remove stress by occupying my time and doing something other than the stressful task. In addition, I use similar techniques when dealing with stressful clients, outsourced workers, and businesses.

Success of an organizational depends on not disturbing occupational stresses that can create frustrations, low motivations, personal conflicts, dissatisfaction, and a drop in productivity (Mitut, 2010). The manager is responsible for reducing the effects of stress and creating an organization that is efficient and stress-free, and that focuses on maintaining and building the organizations performance (Mitut, 2010). As a manager, my role would be crucial in preventing stress. To properly control the climate of the organization, I would try to seek relationships with employees in order to better understand their personal stressors and work capabilities. It would be my responsibility to remain with a positive attitude and be a motivational influence to the employees. Being able to control the climate, I would need to create jobs that are compatible with employees and prevent work overload (Mitut, 2010).
Credits

Selart, M., & Johansen, S. (2011). Ethical Decision Making in Organizations: The Role of Leadership Stress. Journal Of Business Ethics, 99(2), 129-143. doi:10.1007/s10551-010-0649-0

Mitut, I. (2010). Managerial investment on organizational stress. Romanian Economic and Business Review, 5(3), 89–99. Retrieved from http://search.proquest.com/docview/1150119513?accountid=14872