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The 10 Biggest Challenges Facing Small Businesses

There are many problems that are encountered by business owners throughout the course of managing their business. All entrepreneurs must be prepared for solving problems that come their way. However, creating a startup is not an easy task.

New entrepreneurs are usually not prepared for the problems coming their way. The first thing to do is to understand that problems are an everyday part of every business and then face each problem with determination and a proper solution.

Here are some common faced problems in new businesses and their solutions.

1. Money
Money is known to be one of the major causes of problems that can lead business to failure. For a new business, the biggest mistake is expecting instant profit. Young and eager entrepreneurs start up a business with little money, assuming they will earn big and then invest that money again in their business. It is significant to understand that you cannot get an instant profit at the start of your business. Experts advise not to expect much profit for at least two years. Always prepare for the worst case scenario. Before starting a business, ensure that you have enough money to sustain you at least up to two years. Start slowly and patiently.

2. Time
The phrase ‘time is money’ holds true, especially for a business. It is essential for new businesses to manage their time wisely. Planning everything in advance and ensuring everything is done on time is very important for the prosperity of any business. Ensure the schedule you are making is achievable and stick to it. Give yourself enough time to perform a task with accuracy. Plan your future projects. Make adjustments accordingly. Utilize calendars and planners to make sure you don’t miss an appointment or a deadline. Spending time effectively can actually save you money and even earn you more revenue.

3. Lack of Knowledge/Skills
This is one of the top most mistakes made by entrepreneurs. It is important that you have ample knowledge about the industry you are entering, your competitors, your target market, current trends, advertising and marketing techniques as well as financial know-how. You must possess the skills needed to start up a new business. If you are not prepared, educate yourself. Do proper research, ask other business owners, read relevant books and websites. You may end up with a huge loss if you start your business without having the required knowledge and skills.

4. Information Overload
The only thing constant is change! This phrase is true as well as change is continuous and we witness it happening all around us. Today, information keeps changing. New facts and data keeps emerging and replacing old beliefs and trends. Due to this information overload, it gets difficult to find effective solutions. It becomes a challenge for a new business to sort through this data and come up with good decisions. However, one easy solution is to look for the authenticity of the data. Check its references, and the writer. Learn to use keywords to narrow a research topic. Start asking successful businessmen about their experiences. Learn from them.

5. Lack of Direction and Planning
This problem prevails because of not creating a thorough and detailed business plan. Many young entrepreneurs are so excited about setting up their very own business that they fail to prepare a proper business plan. It helps in focusing on the goal and mission of the business. It determines the financial situation of the business, the roadmap to follow, market research and analysis of the competition. A business plan is basically an investment to your business.

6. Working in the Business rather than Working on the Business
Usually entrepreneurs get so worked up with the paperwork, satisfying customers and doing all the necessary things in keeping the business running. They fail to fulfill some other equally crucial tasks. It is important that you take a day or even a few hours to analyze your business. Determine which area needs attention, do an inventory review, review cash flow of your business, review payrolls and employee benefits. It is also important to update your corporate minutes, your contracts and your agreements with stakeholders annually. Hold meetings with your managers and other employees to connect with them.

7. Innovation
Unfortunately, there are many new startup companies that stick to the age old book rules. They don’t try to create an innovative culture, even majority of the big businesses struggle with innovation. People get accustomed to the work culture and they don’t think outside the box. Businessmen and employees stay away from change and resist whatever changes that take place in the company. The best thing to do is to be open to innovation. When bringing a change, ensure that all your employees are prepared for it. Discuss it with them in a meeting, tell them how important it is to be innovative, make them understand how beneficial it will be.

8. Trying to Do It Alone
Coping with everything alone is also one of the most common mistake new business owners make. They believe that they can manage everything and don’t need any advice or help form anyone. Initially, they do seem to be successful in this strategy as the cost is low since they handle everything. However, as the work starts growing gradually, the workload takes a toll on the new entrepreneur. Mistakes start being made and the quality of work starts decreasing. You may even start losing customers soon. This is why this strategy is not successful in the long run. Hiring two to three employees is more beneficial for a start up business. It is better to pay a small amount to your workers than lose double the amount in the future.

9. Getting Clients
For a new business, it is difficult to attract prospects and retain customers. With a small marketing and advertising budget, new entrepreneurs are unable to reach out to a wider audience. Potential customers are usually hesitant to going for a new business. They prefer going for companies that have experience and a large customer following. However, the good news is big companies charge more. There are many clients and customers who are looking for companies that provide cheaper, but good quality service. Providing excellent service to them will ensure that they remain your customers and even recommend you to others.

10. Poor Marketing
Apart from a detailed business plan, a marketing plan is also important for any business. Once you have a clear idea about your target market and your competition, you can allocate a budget for advertising and promoting your business and decide which medium to advertise through. You can also decide your product pricing through target market analysis. Make sure you that your pricing can be easily afforded by your target market and that your advertising effectively reaches them.

The Mind, Body, Spirit and Emotions Connection

When we talk about the human body, most of us refer to the physical form that we see in front of us. However, in reality, every person is made up of four bodies, all of which interrelate to one another and coexist in harmony.

A disruption or imbalance between these bodies can lead to a number of health problems. Thus, it is necessary to understand how one body relates to another and how they can all be kept in perfect balance to live a healthy and happy life.

Four Bodies that Make One Complete Whole

In order to balance our four bodies, we first need to discover what these are and understand them thoroughly. The four bodies are:

MENTAL
The mental body encompasses our mind and thought processes. It is that part of our body, which deals with reason, logic, and perception. All thoughts, beliefs, and mental capabilities are controlled by our mind or mental body. From the most basic concepts to advanced theories and secrets of the universe, the mental body has power over it all and can expand its reach to great limits, enabling you to think beyond your wildest imagination in the search for logical perception. Our mental body allows us to perceive the world in a particular manner and governs our thoughts regarding everything we experience in our lives.

PHYSICAL
The most commonly understood body is the physical form. It is the way we see our body in its human form. Made of flesh and blood, with bones, muscles, and organs; covered by layers of skin. The physical body is a material presence, a tangible form that provides us with the ability to use our senses of touch, taste, sight, smell, and hearing. It is also a body that grows and changes in shape, capable of experiencing pain and injuries.

SPIRITUAL
The soul or spirit within the body is our spiritual self. Known as an aura or a soul, the spirit is our purpose of life. It is the means of finding one’s true destiny in the world. The spirit is what gives you the purpose to strive forward and become a better person. Every soul is said to have its purpose and the spiritual body is lost without it. A disturbed spiritual state can lead to mental stress and cause physical health problems as well. The spiritual state is the consciousness and discovery of who we really are and what our life’s purpose is supposed to be.

EMOTIONAL
The fourth and last body is the emotional one, concerned with our feelings, sentiments, and reactions. Famous author, Daniel Goleman, states that people excel in their lives if they have self-awareness, a control over their impulses, persistence, empathy for others, motivation and drive to achieve their goals, and good communication and social skills. We lose our tempers and act on our impulses due to the state of our emotional body. With time, the emotional body grows and matures, providing us with better control over our feelings. A happy person will face less health issues as compared to a person who is depressed, because negative emotions channel negative energy through your body and damage your mental and physical health.

Maintaining a balance between these bodies is necessary for living a stable and healthy life. The harmonious coexistence of the four bodies; mental, physical, spiritual, and emotional, is the key to ultimate health and happiness in the world.

Multiple Brains Integration Techniques (mBIT)

According to recent research, humans have three sets of neural networks in their body within the heart, the brain, and the gut. Known as mBraining or Multiple Braining, this theory is explained by Marvin Oka and Grant Soosalu, in a book by the same name. Within this book, the authors describe ways of integrating all of the three brain networks for maximized usage. Multiple Brains Integration Technique or mBIT are various techniques that can be utilized to optimize the functioning of the three brains within the body. With proper training, you can learn to use all of your neural networks and enhance your mental capabilities.

The concept of mBraining and mBIT is to maximize usage of mental faculties and provide you with the opportunity to align your three brains and control them harmoniously. Thus, mBraining is the process and mBIT are the techniques that can lead to proper utilization of your mental abilities. Adaptation of the mBIT methods will allow you to become more self-aware of your decisions and take control of your life in a better way. It can ultimately lead to a healthier and less stressful lifestyle.

Balancing Your Life

Equilibrium between the four bodies and the three brains can lead to a happier life. So how can you achieve this balance? You can maintain a peaceful connection between the different aspects of your mind, body, emotions, and spirit, with the help of several easy practices. These include:

Yoga – Involving strengthening and breathing exercises, yoga is a great way to find inner calm and balance between the four bodies.

Diet – A good diet is not only necessary for a healthy physical body. Sufficient intake of nutrition is necessary for the proper functioning of your mental capabilities as well.

Positive Thinking – Negative thoughts and feelings channel through your body, causing harmful effects. The power of positive thinking and its miraculous effects on the body cannot be ignored.

Herbal Remedies – What better way to find harmony than within nature itself? Herbal products can help you in staying calm and fit, allowing you to connect with you inner soul.

Meditation – get in touch with your spirit with the help of meditative techniques. They will help you in understanding your mental and spiritual body in a better way to provide positive effects.

Exercise – It is ideal to exercise every day as it can help in keeping the physical body healthy and fit.

Law of Attraction – This law states that everything you desire exists within a parallel universe. All you have to do is believe in achieving it and attract it towards yourself. People can attract good or bad experiences in this manner, simply based on their mental thought processes.

With the use of these balancing techniques, and proper understanding of the energy bodies, we can adopt a happier and healthier lifestyle. Thus, it is vital to understand the connection between the mind, body, spirit, and emotions so that a perfect harmony can be maintained.

Using Vision Boards to Transform Your Business

Every business has a vision and goals to lead it towards prosperity. In order to follow and accomplish these goals and vision, strategic planning takes place.


There are several tools that can help you through this process. A vision board is one such tool.


Represented by a mixture of images and texts related to your goals and desires, vision boards remind you of your goals every day and give you the motivation to follow them. They are simple, easy and fun to make.


THE BENEFITS
A vision board is simply about what you want now and in your future. Here are some benefits of creating a vision board:

• Visualizing and thinking about the goals for your business, then including images and motivational texts on a board enhances the likelihood of achieving them.

• When you see the board everyday highlight your dreams for your business and the goals you want to achieve, it automatically energizes you and motivates you to work harder.

• The visualization encourages you to think outside the box and assists you in opening up to new possibilities.

• It helps overcome obstacles that come your way, as the vision board serves as a reminder about what you will achieve after all these problems and obstacles are resolved.

• It keeps you focused on your goals.

THE TOOLS
Creating a vision tool is extremely easy and can be made with a vast range of media. From simple pencil sketches to colorful magazine cut images, from paintings to graphic art, anything and everything can be utilized to make a vision board. The most significant thing is to know what you want from your future. Some basic tools that can be used are as follows:

Board: A white board, blackboard, cork board, foam board, or a poster board can be used to make your vision board.

Adhesive: Whichever glue you can find to stick the images together on the board. You can also use removable adhesive so that you can keep updating your vision board without ruining any images.

Images: Pictures that represent your goals and dreams – opening a new branch of your business, designing a new office, more satisfied clients/customers, opening an international office. Print out from computers, your own sketches and drawings, magazine cutouts, stickers etc.

Text: Some words that can describe your vision and goals briefly or some motivational words to keep you going.

You: Yes! You are the most important part of a vision board. Use pictures of yourself, your name, or your business logo on your vision board to make it more personal.

Get all the supplies ready and while keeping your vision in mind, start playing around with images and words. Be as creative as you can be. Place it in your cabin, in a place where all the employees can see it. You can turn it into a group activity to keep your employees motivated and moving towards specified goals.

THE PROCESS
The process of using vision boards to transform your business is easy and enjoyable. Here is how it works:

1. Setting Goals
Having specific business goals are essential for this process. Think about how you want to see your business in the future. You can include short-term goals and long-term goals as well; generating better revenues, increasing job satisfaction for employees, opening an international office etc.

2. Visualizing
Visualize how your goals look like and how you’d like to feel when you reach them. Use images, symbols or words to represent your goal or maybe the journey to reach it. For better revenues, use a number to represent what your annual or monthly target will be. For opening an international office, place an image of the country’s flag you want to open your office in.

3. Believing
Start believing in yourself and your team. Once you actually ‘see’ you goal, it becomes clearer, realistic, and attainable. Believe that you and your employees can manage to reach these goals and fulfill the vision gradually.

4. Employee Motivation
Once you visualize your goals, involve your employees. Create a group activity for the employees to make their own vision boards. Or use your vision board to motivate them to achieve the specified target. Once you truly believe that the goals are attainable, your employees will start believing it too. This way, you will reach those goals faster.

5. Strategize
Start figuring out how each goal can be achieved. Keep your team in the loop. Discuss ideas and solutions for possible problems. Break the tasks into smaller steps to make it more achievable. Create a roadmap and start following it.

6. Move Towards Your Goals
Don’t just make a vision board and hang it somewhere, take action. You have made the preparations and now the time to act has come. Keep updating your vision board and make necessary changes in your strategy. Be prepared for obstacles and detours you might have to take. Don’t give up and keep your employees motivated.

Vision boards turn your dreams and goals from mere speculation, to something solid, which you can see. Actually more than 40% of the world population is sensitive to sight (visuals). The more specific and vivid the vision board, the better motivator it will be. Keep it somewhere where you and your employees can see it every day. It will keep everyone motivated as they will see their goals and get to know how they will feel once the goal is achieved. This improves the possibility of fulfilling those goals as everyone will be enthusiastically working to achieve them.

A Vision Board is a strong tool promoting behavioral change which, when combined with your hard work and support network, can make any goal achievable. The goal setting common phrase ‘see it, believe it, achieve it’ is represented through vision boards. From the initial process of visualizing, to the completion of the goal, vision boards ensure that you are kept reminded of what you really want. It shows why you have to be persistent and work harder.

A Shift in Mass Consciousness Is Occurring: Understanding the Roles We Play

Humankind is in a state of crisis. With ecological, social, economic and political troubles hot on our heels, we seem to be spinning in circles. What humanity needs today is a complete transformation and a movement into an entirely new direction. As the corporate world grows stronger and materialism takes deeper roots in our personalities we find that a transformation is much easier said than done.

Stress, despair and catastrophe have become words we use daily and man-made calamities seem to be increasing the pressures that we have piled up in our lives. While the future looks increasingly bleak today we must realize that a mass shift in consciousness is already happening on a global scale and that we are all a part of it.

What is Consciousness?
In this world we are surrounded by an energetic force which is omnipresent. This force runs through all organisms, space, earth, the stars, universe and even thoughts and emotions. This field of consciousness is what allows us to connect with other things in this Universe. Scientists found that humans were able to influence photons in an organized manner and that these interactions are facilitated through the consciousness. In fact, it was also discovered that human emotions had the ability to affect consciousness and that positive feelings would help chromosomes to open up while negative thoughts would bind them.

How It Began
The shift in consciousness began in the 1960s and is still raging today.

Personal and Global Consciousness
Some believe that a massive shift in global consciousness can be brought about by a disaster or calamity which will compel people to think differently. The effectiveness of such a method is something that we wouldn’t want to find out. Luckily, there is a more effective method out there that can help us. In order to reach a mass consciousness we need to do it on our own.

As global connectivity increases, we need to take a hard look at what is going on in the world and take responsibility for our actions. A shift has already taken place as we see that exploitation and manipulation can no longer stay alive for long in the presence of the Internet. Websites such as wikileaks are forcing people to take a look at their actions and understand what the consequences of certain actions are.

A global conversation on the problems of the world has started and it will not cease until a solution has been reached. This is where our personal consciousness comes in. Every drop in the sea counts and you need to recognize the things that need to change.

How the Global Shift Is Affecting Us
We are moving to a higher state of consciousness and therefore to a higher vibration (some calls it “5D”). Our current limited state which has barricaded us will be shed off as we become more spiritually evolved and are freed from the problems of our current existence. As we become more enlightened, we will work against the current world where violence, strife, struggle, pain and chaos is prevalent. As we evolve along with elevated levels of vibration we will be challenged to let go of our current perceptions and limited being. This is easier said than done.

Humans are predisposed to hanging on to what they know and understand. Our instincts are much more comfortable with elements that are familiar to us which is why we are so hesitant to take on a new understanding. For many of us who are resistant to these changes, the transition may result in problems such as anxiety, depression, OCD ad ADHD. Not all effects of the transition however are negative. Some may become more compassionate, blissful, guided and have a deeper understanding of themselves and the word around them.

What We Can Do
The dramatic and massive reordering of the current world and our consciousness is bringing about changes that can greatly benefit us. If we embrace the changes that we undergo, we will ultimately reach a higher level of awareness of our inner selves. In order to bring about this increased awareness on a global scale, it is our duty to begin working on our own individual inner consciousness.

Make a Choice
We need to forego the current state of production, materialism, consumption and submission. We are currently at a crossroads on our lives where we must make the decision of staying in our current state or opening the gateway to our spiritual awakening. While one cannot say what the right or wrong decision is, it will determine where you stand as the evolution takes place.

Understand the Consequences of our Actions
We need to gain a higher understanding of the problems that we face on a global scale and how our actions may have led to those results. We not only need to understand the effect of the physical acts that we have done as an individual but all those that we have done as a human race. Understand that in light of all that has gone wrong we need to play our part in rectifying it.

Know Your Place in the Bigger Picture
As we begin to truly understand our place within the global transition, we will be better able to connect with the society as a whole. As the consciousness of individuals increases, a mass shift will take place and bring about a connectedness that will bring about enlightenment. This enlightenment is what will illuminate the way and give us the ability to change the way in which things work. The mass shift in global consciousness is taking place right now and will continue to do so for years to come. We, being a part of that energetic force, need to embrace it rather than resist it.

Practical Tips to Increase the Power of Your Mind

Science has accomplished much in studying the brain and what happens during a specific activity. By measuring this, it has led to breakthroughs in using your mind to its fullest capability by utilizing binaural beats.

Is this new? Not at all! Many cultures used this exact same process through sounds that were consistent and rhythmic in nature. The scientific discovery actually took place in 1839 by Dr. Heinrich Dove. Further work was done in 1973 at Mount Sinai hospital. Melinda Maxfield, PhD, did extensive research on drumbeats that were used in various rituals. She discovered that those rhythms generally were at a rate of 4.5 beats per second. When this is done constantly, it places the brain into one of the brainwave states known as Theta. The other states in order are Delta 0.5-4 Hz, Theta 4-8 Hz, Alpha 8-14 Hz, Beta 14-40 Hz and Gamma 40+ Hz.

Each of these have been studied and documented on what takes place in the brain but in the body as well and the applications for improvement of those activities can be reproduced through sounds that are designed for each activity. What if you were studying for a test and needed to be able to focus on the material? The Alpha state causes relaxation and focus and thus would be the best option for the task. You finished studying and need to get some sleep so you’re rested for class the next day. The Delta stage takes place during cellular regeneration and would give you optimum rest.

Another interesting development that has come about through this study into brain activity has revealed that people who have attention deficit disabilities (ADD/ADHD) have high levels of slow brain activity, usually the Theta and Alpha ranges. It explains why conventional treatment of stimulants produces a calming effect but if Neuro training along with Binaural beats are used instead, the patient isn’t dependent upon chemicals and has greater control over how they can manage their treatment. Theta waves obviously quite useful for healing and have been discovered during studies of periods of hypnosis, meditation and dreaming.

If you want to turbocharge your immune system for optimal healing and renewal of mind and body after physical activity and mental stress, consider the power of binaural beats technology. An added benefit to using binaural beats is that the added stimulation to the brain will lead to the creation of neural pathways which leads to dendrite growth. What’s that mean? It’s like an ‘upgrade’ to your brain to let it process neural communications faster. These pathways normally are created when you learn something new. The problem is if something isn’t continually practiced, those pathways can inactive, thus the saying, “use it or lose it.” Elder care research has also discovered that senility is connected to the loss of these dendrite paths. For people interested in Lucid Dreaming, the ability to know you’re dreaming and act in it (as in the movie Inception) Theta wave levels help you relax faster while retaining awareness of what’s going on.

If you’re looking for the most efficient level and range for using the power of your mind and practicing brain programming, you’ll want to look at the Alpha-Theta border which is found from around 7 Hz to 8 Hz. Beta is often associated with the state you’re in while awake. The challenge is that higher levels in the Beta range lead to stress and anxiety. You don’t know anyone with that problem do you? When you’re drifting, daydreaming or entering light meditation, you’re in the Alpha range. Jose Silva’s method is based in the Alpha range. When you’re in dreamless, deep sleep, you’re in a very slow energy range that allows extensive healing which is why people who don’t get much sleep, as in those in untreated Sleep Apnea, have the extensive health problems they do because they can’t reach the Delta range. The most recently discovered range has been in the fastest range, 40 Hz and above which is called Gamma. Studies so far have shown that this range influences upper level processing of information.

Because it is binaural, you will need headphones, or two earbuds etc. No multitasking allowed by half listening because you won’t enable the state you want to reach. The formula is simple; two slightly different frequencies are sent through the ears, the brain takes these and registers it as one tone. For example, if you sent a 210 Hz tone to the right ear and a 205 Hz tone to the left ear, your brain will hear one 5 Hz frequency. There are many free tracks for use and also beat generators. Using binaural beats unfiltered to some can be annoying; a common option is listening to natural sounds that you’ll focus on. The harmonic waves are still there but not in their purest form. Depending on what your goal is, listening to most binaural beats are best done while sleeping; alpha for a light nap or delta and theta for a full, complete rest.

History and science show that there is a pattern to our thoughts and harmony of our bodies and when we use the technology and awareness of brainwaves and techniques such as binaural beats, you can have the optimum mental and physical health you deserve.