Reasons Why Small Business Fails

Entrepreneurs are determined, competitive and they have the personal qualities they need to run a successful business. But still, some of them fails to take their business to the next level.

Carl Kruse is listing here some of the most common mistakes that small business owners make in their business operation.

Carl Kruse is an entrepreneur and consultant.He is highly active in the non-profit sector. He helps nonprofit organizations to raise fund to support society.

Why You Should Consider Becoming an Entrepreneur?

Being an entrepreneur makes you a better person. There are numerous reasons for this. From being your own boss and making the rules, to having a more flexibility, enhancing the quality of life around and the ability to work anywhere you want.

Here are few reasons shared by Carl Kruse, that why entrepreneurship makes you amazing.

Mr. Carl Kruse is an eminent entrepreneur and Specialized consultant.He had worked with the political risk arm of Kroll Associates in Washington, D.C. where he was the director of its information & intelligence service. He is highly active in the non-profit sector, particularly with organizations that focus on science, the environment, education, and art.

How to Motivate Your Employees?

A good employment is very tough to find, but every entrepreneur knows a good employee is even harder to keep. To get the most from your employees, you need to motivate them.Keeping your employees motivated is challenging for any business owner or manager. Happy workers are productive workers.

In this video, Carl Kruse has shared some key tactics to keep your employees motivated.

Carl Kruse has more than 25 years’ experience as an entrepreneur and consultant. He is highly active in the non-profit sector, particularly with organizations that focus on science, the environment, education, and art.

How to Become a Successful Entrepreneur?

successful-entrepreneur-carl-kruse

Being an entrepreneur is not an easy task. Discipline, dedication, and passion are the key factors, however, some good habit also plays an important role in becoming a successful entrepreneur. Every entrepreneur is different, but all have a common goal to achieve. You can check which characteristic you already possess. If you do not have all the characteristics, don’t worry. You will possess rest of the characteristics with practice & strategic planning.————–

Carl Kruse here giving the ideas behind Successful Entrepreneurship.

Plan Your Day in Advance:

From the biography of many successful entrepreneurs, you will learn a very basic, however, most crucial thing about starting a day is plan your day advance. It is very easy in business to let other’s run your day according to their priorities. However, you should take a time to plan your day in advance. Phone calls, Business meetings, appointments, emails never end. You should plan your priorities according to their importance.

Set Real Goals:

To become a successful entrepreneur one should set the real & achievable goals. Make short term goals to measure your success rate. Once you set the goal, your instinct continually pushes you to achieve it.You can set a long-term, mid-term and short-term goal to clear the confusion what to do next.

Get Proper Nutrition and Exercise:

The healthy and fit body gives you the strength to unlock the path of your dreams. You need to be active throughout the day. Take plenty of water, have your breakfast and keep moving to stay fit.

Take Calculated Risks:

It’s good to take risks, but that should not be for fun. Calculated risk often seems crazy, however, those who take calculated risks in business knows the numbers and probabilities behind it.

Know your strengths and weakness:

A true businessman knows their strengths and weakness and it takes humility to judge yourself. Once you know about your strengths and weakness, it is easier for you to decide who to hire, who to partner with and what skills you possess.

Hire A team, players:

Another crucial factor which decides your success is the quality of your staff. Entrepreneurs who afraid to hire A-team players often close the door of their success. They either feel impeded or they won’t offer the incentives essential to hire the best.

Above listed entrepreneur skills and behavior will give you a vision of a good leadership and unstoppable entrepreneur.

Carl Kruse has more than 25 years’ experience as an entrepreneur and consultant. He is highly active in the non-profit sector, particularly with organizations that focus on science, the environment, education, and art.

What are the four things Every Non-Profit Organization Needs?

Non Profit Organization

The non-profit organization works for a cause and distribute its revenue to achieve its mission. Stakeholders of the nonprofit organization won’t get profit’s share. The leader of the nonprofit organization wants to create change in the society to achieve their motive. To achieve their desired cause, some things they must have in place.

  • Raise enough money to support cause
  • Strategic direction to achieve the goal
  • Move the needle on a social problem
  • Sufficient organization infrastructure
  • Effective board of directors

Carl Kruse

To achieve above listed goals every nonprofit have to place 4 key things in place.

A theory of Change

Nonprofit organizations formed to meet some sort of social problem. Unlike for-profit organization, nonprofit cannot use their monetary bottom line as an indicator of success. Theory of change should be implemented to know how they take community resources and turn them into social change.

Strategic Plan

The strategic plan does not mean to pretend the action plan in place.  Staff and stakeholders have made up a plan only to put on walls. A real strategic plan which elaborates the day to day work of the organization ends into the inspiring result. A real strategic plan leads to real solutions of a social problem.

A Financing Plan

The price tag associated with the strategic plans taken into account to plan big goals for future. The nonprofit organization must understand that how they bring enough money to finance that plan. What are the potential sources of money? A clear road map to bring that money indoor facilitates the action plan to overcome a social issue. Next thing to consider is how to secure that money to perform other work of the organization. Raising fund for a social cause is bit difficult but if your strategic plan is clear, you won’t get much resistance to achieve that goal.

A Pitch for Capital

To provide more services to society “capital” money to make the nonprofit organization infrastructure is needed. To build a stronger, effective and efficient organization, few nonprofit organizations go out to raise revenue. To educate people to invest in the organization, you need not have an infrastructure for a nonprofit organization with a compelling pitch for capacity capital that can change. Stakeholders are forcing to spend every single penny on services, with no money for infrastructure.

These are the building blocks of any nonprofit organization and we know that many problems have to tackle to achieve the social goal behind its foundation.

Carl Kruse appreciates and supports nonprofit organization who endlessly works for social causes. He helps nonprofit organizations to raise fund to support society. To connect with Carl Kruse click on carlkruse.org