Mauro Libi: Know the emotional intelligence skills

  

Analyzing the reasons for the success of business leaders, it has been determined that personality is the key, even more than their own skills at work, if we talk about business, personality is the set of preferences and trends that allow the individual to approach the world. Personality is formed from the earliest age of individuals and are fixed in adulthood and defined, for example, as introverted or extroverted. Personality is something that once defined remains in time.

     It is important not to confuse personality with intellect, nor with emotional intelligence. It is a mistake that many business leaders have made that they have confused personality to what in reality was emotional intelligence skills. Skills that anyone can incorporate to your life. Let's see what those emotional intelligence skills are:

1. Go beyond what is required. For the successful worker, whether executive or subordinate, reward is not a worry, it doesn’t put limits to their work and is always willing to give a little more. The successful employee doesn’t circumscribe his tasks to the specifications and descriptions that are supplied to him, but is willing to go further without expecting recognition.

2. He is tolerant to the conflict. He neither provokes nor escapes, on the contrary, the successful worker is able to maintain his calm and expose his position and look serene and logical. Resist personal attacks.

3. People with emotional skills can distinguish what is important and focus on it. Focused on the essential they are not distracted by tricks or secondary ones. The goal is always in their mind. The successful employee is not disturbed by clients in a bad mood or is not afraid with complaints and gossip that live in offices. They know how to differentiate between real problems and what, simply, is not.

4. The successful employee is courageous. He is always willing to talk and to expose his ideas when others are not. If he is sure of what he believes, he holds to whomever and doesn’t stop at the moment of having to confront an executive decision. Of course, he thinks before speaking and in a calmly and serenely way, with wisdom and at the best time.

5. He controls his ego. He is not dominated by his passions. He admits his mistakes and shows his willingness to do things differently, either because he recognizes that it is a better way or by the desire to maintain the harmony of the team.

6. He feels that things can always be done better. He is never satisfied and also, he are convinced that everything is never enough.

7. If he feels something is wrong, immediately, he acts. If it is broken he fixes it, if it doesn’t work he repair it.

8. The successful worker is highly responsible. The excuses are not part of his list. He assumes what is right and what is wrong.

9. He tries to be pleasant and maintain harmony and cordiality with the rest of the people and members of his team. He integrates into the group and has a great leadership. You can trust him to represent the company.

10. Toxic people do not stop or neutralize him, he knows how to control them, plus he maintains emotional control over them. He identifies his own emotions and doesn’t allow under any concept that anger or frustration dominate him.

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Mauro Libi: Five keys to obtain a financing for your SME

Small and medium-sized enterprises, better known as SMEs, have a challenge: to obtain financing, that will guarantee the durability of the business. If this is not the case, it won’t be an idea without possibility. Entrepreneurs at the forefront of these businesses have to act in a smart way to get the capital to work. Also, at the same time, they have to ensure that organizations will be able to maintain a permanent capital income, since these companies are characterized mainly by their low savings margin and therefore, they can’t work for long time without financing.

     It corresponds before requesting for credits, defining the needs according to the objectives of the business and establishing a severe order in the handling of the finances and the accounting. The global economic crisis is a permanent challenge for SMEs, which are the backbone of the economy of all countries, but this is not enough, you have to ensure the viability of business to attract investment. So, business ideas have to be creative and innovative, viable, structured around good work teams and have an excellent financial and accounting management.

     Here are some keys to obtain a financing for your SME:

1. The objectives of your company should be very clear. It must be transparency in terms of financial for the objectives that the business has planned. You have to know very well what funding is wanted for, how much is required, and for how long. A detailed analysis should be made about the present and future financial status of the organization.

2. The needs of the SME have to match perfectly with the existing financial services. It is necessary to investigate all the alternatives that in the financial market are available. Also, it is necessary to determine which is the best agree according to the company and the products and / or service that will be produced. One aspect that should be taken into account by SMEs when choosing financing alternatives is that the collection periods of invoices are usually long, which will mean important periods of illiquidity.

3. When a decision has already been made about the financing, it is necessary to proceed to put everything in order. Chaos only leads to more chaos, so accounts and all documentation have to be immaculate and available. Nobody invests in an organization that is clearly chaotic, unmanageable, the company must work perfectly in the operational, the fiscal, and in the financial and accounting. Financial institutions and banks require a great deal of care in managing accounts.

4. SMEs should be extremely careful when selecting the financial institution and the type of credit to obtain. In case to resort to a credit company, you have to take into account the time you have in the market, your client portfolio, the speed in the credit approval process and its flexibility.

5. It is essential to prepare a payment plan before acquiring the credit. To do this, adjustments will have to be made in the budget to include payments. This will avoid setbacks and unwanted delays. Your SME is interested in building an excellent credit history.

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Mauro Libi: Tips to get a job as soon as possible

You need to get a job as soon as possible, believe us, we understand perfectly what is happening, it has happened to us, but it is not easy to achieve it, especially in these times, characterized by a highly competitive labor market. So you'll have to fight for a job. This opportunity we have 10 tips to get a job quickly.

1. The curriculum is the tool that will allow you to establish the first contact with companies, so it has to be flawless. At the time of writing, try to be concise and substantial, it shouldn’t extend more than two leaves and therefore, it has to emphasize your achievements and experience.

2. When you get your first job obviously you will not be able to contemplate experience, your strength will be your academic training and professional practices, which should be distinguished to the maximum. Get a good reference letter and incorporate them into the curriculum. Do as much as you can.

3. Be prepared to do a good interview that is perhaps, the most important stage of the selection process. The interview is the key to getting hired, so try to be sincere, concise and emphasize what your best skills are and your strength, whether it is your first job or your experience if you are a career worker. Be on time and do not neglect your presentation or your clothing.

4. Evaluation is the key, reaching it is a sign that it is progressing in the process; try to be very well evaluated. You have to fit into the profile of the company, so investigate everything you can from the organization.

5. Take advantage of your contacts, college buddies, teachers, good friends and ex-work associates can be the key to getting a new job.

6. Do not discard any option.

7. Be positive.

8. Before you go to a company looking for a job, investigate about it. This will be a point in your favor, a very important extra bonus.

9. Do not lose spirit. We have already told you that looking for a job is a process where some win and others lose. From everything you learn, analyze your failures, determine what your mistakes have been and correct them.

10. Do not limit yourself to just one path. Implement several search engines. Take your curriculum to the companies you are interested in, but also take advantage of the Internet and social networks. 

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Mauro Libi: You have to admit that sometimes you are WRONG

Nobody is perfect. We are humans, it is natural to fail, to be wrong. This hasn’t have to embarrass anyone, but you have to see how much it costs people to admit that they have made a mistake. They haven’t finished understanding people, especially those in leadership positions, that recognizing such mistakes offers a wonderful opportunity to learn and grow. In the business field, the entrepreneur admits their mistakes is the right way to strengthen the organization and encourage their employees to trust them and themselves, feeling that they are in a place where failure doesn’t becomes a stigma which they mark them when incurring a fault. It is part of the process and it is only about learning and moving forward.

     How much a leader grows in the eyes of his team when he admits that he has been wrong. They earn the respect and consideration of those who are under their care and of those who stand above it on the hierarchical scale. This opportunity, we are going to show you five tips to help you accept your mistakes:

1. Accept your responsibility: The leader is responsible for both, his work team and the tasks they carry out under his guidance and, in that sense, he is responsible for everything that happens surrounded by him. It is not worth apologizing, but admitting the error and seeking the solution to the problem generated. Likewise, build trust among your workers so they can accept when they make mistakes. Show respect and support and work together to solve the problem.

2. Be sincere: Honesty is very important; when you apologize the eyes of your team will be looking for signs of falsehood in you. Therefore, be sincere and show yourself as you are and express what you truly feel.

3. Show what you have learned: Apologizing should be accompanied by an explanation about what happened and why it happened. Note that it led him to proceed in such a way to later admit the error and learned from the whole situation. Everything done of this nature leaves a lesson for you and your work team.

4. Make proactive changes: Words must be accompanied by facts, so after admission and apologies, proceed to outline a change plan that should make everyone known.

5. Be empathetic and transmit hope: Mistakes have consequences and it is possible that others have been affected by their mistake, not to mention the work team that, like you, was invested in the failed process. Be empathic with those affected, let them know that you understand that their mistake brought consequences. What follows is to refer to how to assimilate the situation as learning.

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Positive leadership is a positive result

Por Mauro Libi.- Studies have found that worker engagement is a key indicator of corporate performance, so the secret lies in matching economic gains and human flourishing. The work centers with pleasant and prosperous environments have an impact on the workability and the productivity, the work becomes rewarding and is carried out with better performance. In addition, the health of both employees and the organization itself increases.

     Companies where employees are more closely connected and feel more involved with business values, exhibit higher levels of profitability, productivity, turnover, less work absenteeism and are better evaluated by customers. When the worker feels satisfied, he becomes more involved in his work, while developing better relationships with the other members of the organization, even cultivating friendships. For them, their work is very important. 

     This is not by chance, but the product of positive leadership for which the wellbeing of workers is as important as the profits that are generated, they make the maxim that workers are the most important capital of organizations. Positive leaders (those who promote an equally positive climate in organizations, those who develop high levels of empathy with the members of their work teams) are those who achieve better results in their management. Improving the way the daily tasks are developed helps build better workplaces.

     Positive leaders develop a positive and welcoming environment where positive emotions that provide security and allow discover and build new skills, social bonds, knowledge and behaviors. It is estimated that organizations that allow positive climates through high levels of compassion, forgiveness, gratitude, integrity, trust and optimism, exhibit better work processes. There, positive leaders cultivate a positive emotional environment that improves workers' life’s quality, commitment and performance. Positive leaders reinforce the self-esteem of workers, who feel that what they do is important, they empower themselves, they commit to work and to the company.

 

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Why do you need a business plan?

Por Mauro Libi.- Now that you are convinced that your future is in the making and that your business idea is very good, the next step is to come up with a plan, set it all down on papers and then, proceeds to the next steps. We warn you that the road won’t be easy and that you will be presented with multiple stumbling blocks, so your temper should be made of steel so you don’t let yourself down. It is that or have to resign yourself to continue to see the face to the grumpy of your current boss.

     As you plan, it will become clearer the business idea you have, you will see how the project of that idea that is formed a few months ago were only sketches. There will be times when you will feel faint and you will want to quit, but don’t lose faith, it will only be about moments, take a deep breath, rest a little, take new strength and continue. Believe that the fight is worth it. Visualize your already constituted business, with you in front of you, finalizing the first operation. This will recharge your batteries.

     Don’t let fear paralyze you, the preparation of the plan will clear your doubts and help you to shape the structure of your business. In addition, the business plan will be your most important tool when looking for financing. 

    In this and the next opportunities we will talk about this matter. In this first opportunity we want to clarify why it is necessary to elaborate a business plan.

1)      The business plan will allow you to investigate and soak up everything concerning the project you want to undertake.

2)      Knowing about your competition will allow you to reinforce your idea and help you to generate new creative ways and strategies to overcome what already exists in the market. The competition will be your inspiration to improve the idea of ​​your business.

3)      The elaboration of a business plan will make it easier for you to have a complete picture that when you see it in front of you will allow you to identify the weaknesses of your project and, therefore, you can correct them.

4)      The business plan will help you to draw a detailed picture to know where your client is.

5)      With the business plan you can synthesize the contributions of every member of your team will have to make for the realization of your business.

6)      Ignore those who will try to convince you that working out a business plan is useless. Believe us; they don’t know what they say, the best argument we have for you to continue developing your plan is that it will save you a lot of money, as it won’t incur improvisations.

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Seven tips to attract investors

Por Mauro Libi.- He decided to start a business, he is determined with that idea, with that wonderful project that he has dreamed his whole life and whose design has been working for several years. Now it's up to you to find the money to run your business. This is not an easy task to undertake when you don’t have your own capital and you have to go out to convince potential investors that yours is the best project in the world. That’s why, we want to give you some tips that can help you face this decisive moment. It is essential that your project is attractive for all investors.

1. Surround yourself with the best of the best: Having expert staff is the first step you should take. In the adventure of undertaking you won’t be alone and to achieve success you must surround yourself with the best talents such as: Good mentors, consultants and advisors will help you gain a broader view of the business and its impact.

2. Study and get to know the problem thoroughly: Your business should be based on research, gathering reliable data to support your business proposal. When you step in front of investors you must convince them that your product and / or service is the solution to the problems and requirements of the consuming public. It should have clearly identified the needs of a specific group of people who are available to attend from their enterprise. You have to manage several alternatives or plans to deal with contingencies.

3. Have to be decided: Nothing to be doubtful, indecisive, this hesitant attitude drives investors away; they want to put their money in safe hands, those of a leader who can make the right decisions at the right time.

4. Know the competition: Don’t limit yourself to your proposal, your project, your business. No, you have to know your environment, your competition, the rest of the organizations in the market. Know what your strategies are and have a clear idea of ​​how to effectively combat it. It is about to present a better alternative than those already known to the consumer public.

5. Know and handle the numbers: You should know what you are talking about and have the elements that best convince investors: the numbers.

6. Be accessible: You have to be available and reachable to anyone who is interested in knowing your idea. Have a good and attractive website and contact points in social networks.

7. Stay current: In the meantime you get the money it is likely that the reality of the market will change and therefore, you should be aware of those changes. It is mandatory that you be permanently updated and demonstrate to the investors that you know what you are talking about and know very well the terrain that you tread.

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