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Things Great Leaders Say: 4 Leadership Phrases to Learn by Heart

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Tagalog Version (Click Here)

*This article contains affiliate links.

At a certain point in your career, you will likely get promoted into a leadership position. Aside from that, if you decide to start your own business you’ll be required to take on a leadership role in your company by default. Once you become a leader, you will need to take responsibility for a lot of things and your organization’s success or failure will likely depend on how well you lead others.

In the book The Art of the Start: The Time-Tested, Battle-Hardened Guide for Anyone Starting Anything by Guy Kawasaki, the author mentioned that good leaders don’t hesitate to use these four phrases: “I don’t know”, “Thank you”, “Do what you think is right”, and “It’s my fault”. While Guy didn’t explain them further, a lot of other leaders did. Why are those four phrases so important? Here’s why…

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[Guest Post] 4 Pros And Cons Of Bootstrapping Your Startup

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Money is like gasoline during a road trip. You don’t want to run out of gas on your trip, but you’re not doing a tour of gas stations.

— Tim O’Reilly

 

The first few years of a startup are critical. Period! The SBA (Small Business Administration) states that over 50% of businesses fail in the first five years of their inception.

Bootstrapping a business can be defined as the process of funding the business with internal cash and being cautious about the expenses to avoid taking external money or resources.

Millennial entrepreneurs should bootstrap their business initially to avoid unnecessary debts, limiting risks and circumventing venture capital. Due to the exponential growth in the startup sphere across the world, the venture capital possibilities are reducing severely. Similarly, due to the high-interest rates on student loans and mortgages, it is advisable to bootstrap your business to limit such expenses.

The following are the pros and cons of bootstrapping your business:

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Pagtanggi sa mga Customers: Kung Bakit Dapat Mong Ayawan ang Hindi Nakabubuting Transaksyon

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English Version (Click Here)

Kung may mabubuting transaksyon, mayroon ding nakasasama. Hindi lahat ng tao ay nakakaalam ng tunay na halaga ng iyong produkto o serbisyo kaya susubukan nilang bayaran ka ng sobrang baba (o hindi ka babayaran), at mayroon ding ibang gustong samantalahin ang mga mahihina at desperado.

Sa kasamaang palad, marami sa atin ang desperadong kumita at ang ilan din ay nahihiyang tanggihan ang mga alok o offers na hindi nila gusto.

Hindi naman dapat ganoon lang palagi. Hindi natin kailangang tanggapin ang hindi nakabubuting transaksyon dahil nahihiya tayong tumanggi. Ang article na ito ay magtuturo sa iyo ng aral na iyon.

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Saying No to Customers: Why You Must Reject Bad Offers and Terrible Deals

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Tagalog Version (Click Here)

Just as there are good deals in the world, there will also be bad ones. Not everyone knows how valuable your product or service is so they might try to pay you too little (or pay you nothing at all), and there are also those who try to take advantage of the weak and desperate.

Unfortunately, some of us are desperate to sell and some are too polite to reject other people’s terrible offers.

It doesn’t have to be that way. We shouldn’t be compelled to accept bad deals out of politeness. This article is about learning that lesson.

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How Sleep Can Make You a Better Leader

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*Contributed by Will.

Meet Jeremy, a rising star in his company, who prides himself for waking up at 4 am almost every morning and going to bed late at night. He wants to make sure everything is properly done before he goes home from work, and is always available for a consultation even late in the evening.

Do you identify with Jeremy? Do you think he will become a wonderful team leader, accomplishing wonderful things? Many people strive for the hustler effect, where your life is neatly wrapped around your career and sleep is just something you do whenever there’s time.

After all, we all know that hard work and long hours represent the path to success, right? Well, not so much. According to recent studies, a chronic lack of sleep can make you less productive, and brings a multitude of health problems your way.

Every decision you make at work or in your day-to-day life, requires brain function, but lack of sleep leads to impaired cognitive processes and prevents the brain to function to 100%. As a result, your productivity lowers, it becomes more difficult to stay focused, and your ability to solve complex problems fast and concise lowers.

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