Business Best

Miscellaneous

Miscellaneous

The Impostor Syndrome

Helen’s story When I met Eleni, all she kept repeating was, “I have no energy left for anything.” Eleni is the owner of a small hair salon and a mother of 3 who struggles daily with her responsibilities, taking care of her children, being polite to her customers, and making sure to pay her assistant’s salary and the rent at the end of the month. She was afraid that she would be forced to close her business, even though the appointments were more than she could handle. And most of all, she felt guilty that she was not a good mother, wife, daughter, or friend. When I mentioned to Eleni that business coaching could help her, she looked at me in surprise, saying, “Business coaching is only for ‘entrepreneurs’.” Eleni didn’t see herself as an entrepreneur, even though she successfully ran two “businesses”: her hair salon and her home. She reluctantly agreed to have a first coaching session with Leda. The story of Leda Leda had just been promoted but felt like she was probably lucky. She knew “well” that her colleagues were talking about her behind her back and believed she was incompetent. And she did everything to prove her “incompetence.” In meetings, she spoke less and less because she was afraid of making a mistake. Sometimes she even tried to sneak out of meetings because something urgent had come up. Every morning she got up and got ready for work with difficulty. She didn’t want to be in the same room with those who gossiped about her again. Both of these women had a “common experience,” an experience common to many people – men and women. Many experience what has been described as imposter syndrome. The Impostor Syndrome Although they have managed to create a successful business, they feel that they are not good enough and that they will soon close it down. They feel that it is only a matter of time before someone discovers that they are not good enough. They have difficulty accepting compliments or celebrating their successes. They feel that they do not belong to the “entrepreneurial group” like Helen even though they have the qualifications and ability. They feel that they did not deserve the promotion and that they were just lucky like Leda. They feel intense insecurity, are overwhelmed by negative thoughts and emotions, and feel inadequate. What is imposter syndrome? The term “imposter syndrome” was first coined in the late 1970s by psychologists Pauline Clance and Suzanne Imes, who observed the phenomenon in high-achieving women. Clance and Imes defined imposter syndrome as a psychological phenomenon in which individuals, particularly women, doubt their achievements and have a persistent fear of being exposed as frauds despite evidence of their abilities. Their scientific findings have given rise to the creation of special programs and initiatives in all areas to address the phenomenon. Even famous women such as actresses Charlize Theron and Viola Davis, lawyer and former First Lady of the United States, Michelle Obama, and Sheryl Sandberg, an executive on the boards of directors of Google and Meta (Facebook), have confessed that they have felt inadequate. But does imposter syndrome not exist? Ruchika Tulshyan and Jodi-Ann Burey write in their  Harvard Business Review article Stop Telling Women They Have Imposter Syndrome “The impact of systemic racism, classism, xenophobia, and other biases was blatantly absent when the concept of imposter syndrome was developed. Many groups were excluded from the study, namely women of color and people of various income levels, genders, and professional backgrounds. Even as we know it today, imposter syndrome blames individuals, without considering the historical and cultural contexts that are fundamental to how it manifests in both women of color and white women. Imposter syndrome directs our perspective toward fixing women at work, rather than fixing the spaces where women work.” Coaching and the “imposter syndrome” – Can we feel adequate? Business  coaching  and career coaching  can help decisively because  Coaching helps us recognize that every obstacle or problem that appears before us in our work is an opportunity. An opportunity to equip ourselves with new solutions and approaches to the issue that concerns us. It helps us achieve small daily goals that lead to our big vision and idea. It helps us remember that every small victory is our own victory and not anyone else’s. So, yes, we can feel adequate because that’s who we are! Because we are not frauds!

Miscellaneous

5+1 suggestions for what to do this weekend or How to increase your productivity in 2024

How to increase your productivity in 2024 If you want to increase your productivity at work or profits in your business, become more creative, or focus on your goals, then take advantage of the opportunity the weekend gives you to rest mentally and psychologically. Do things that make you happy, like spending time with your loved ones, doing some activity in nature, or engaging in a hobby. Moreover, the connection between productivity and work-life balance is now confirmed by many research and studies. Linking productivity and well-being and work-life balance. The connection between productivity, well-being and work-life balance is now scientifically documented and confirmed by research from international organizations, research centers and universities. The International Labour Organization (ILO) recently published a study called “ The current state of research on the two-way linkages between productivity and well-being”. The study examines the links between productivity and well-being, as a global slowdown in productivity is observed. The study concludes that policies that improve well-being boost productivity and profits. 5+1 suggestions for what to do this weekend Digital Detox Allow yourself to take a break from screens, put away devices, and disconnect from emails and social media, even for a few hours. This break will give you the opportunity to focus more. Learn something new. Use the time during the weekend to learn something new, acquire a new skill, or expand your knowledge. By dedicating time to learning something new, you become smarter, more capable, and more creative. New ideas make us see life and work from a different perspective, and often accelerate our progress. Read a book about productivity Pick up a book about productivity or personal development and spend some time with it. Learning about effective time management or goal setting can change the way we handle our daily work tasks. Some of the most popular productivity books that have had a catalytic effect on the way we approach productivity are Go to the gym. Physical activity is a great way to boost energy levels and improve well-being. Whether it’s hitting the gym, going for a hike, or simply taking a walk in the park, the benefits of exercise are invaluable. Go to sleep. Studies show that sleep deprivation leads to poor judgment, lack of self-control, and decreased creativity. Although experts recommend at least eight hours of sleep, many of us don’t get it. A 2017 study found that only 42% of senior executives globally get about 6 hours of sleep. So this weekend, let’s rest. If we manage to create a sleep routine, it will help us to concentrate better and increase productivity. Don’t feel guilty if you’re not consistently productive. Don’t feel bad if you’re not productive all the time. It’s normal! If you need more guidance on improving your productivity at work or growing your business, contact us to create a personalized action plan.

Miscellaneous

Start Your Business Right: An Economist’s Guide to Ultimate Success

Start Your Business Right: An Economist’s Guide to Ultimate Success Have you ever wondered what is best for a new entrepreneur? Have you ever thought about what it takes to make your dream come true? I’m sure you do! Starting a new business is an exciting and challenging process. Many new entrepreneurs start with passion and enthusiasm, but often face difficulties along the way. To increase their chances of success, it is important to get support from professionals in the field, such as business coaches, create a strong business plan and use business consulting services (80% of businesses that have not prepared a business plan fail in their first 3 years of operation). In this article, we will examine the role of these three factors in the success of a new business, through examples of real entrepreneurs and success rates. Business Best is specialized in providing these services and ensuring the success of new businesses. Contact us We plan together your path to success Business Coaching: Guidance and Support Have you ever wondered what it would be like to have someone by your side to guide and support you through difficult times? The role of business coaching is extremely important for the growth and success of a new business. A business coach provides guidance, support and strategies to address the challenges that arise when starting and running a business. Example: Maria, a young entrepreneur, had the vision to create an organic products store. However, her lack of experience and knowledge about business management made her hesitate. With the guidance of a business coach from Business Best, Maria developed leadership skills, created a strategic plan and learned to manage crises. Her coach encouraged her and showed her how to utilize her potential, leading her business to a successful path. Research shows that entrepreneurs who use business coaching have a 70% greater chance of success compared to those who do not . Business Plan: A Guide to Success Have you ever felt lost without a clear plan? A well-formed business plan is the cornerstone of a new business’s success. A business plan defines the strategy, goals, and means to achieve them. It is an essential tool for both internal management and external financing. Example: Kostas, a young tech entrepreneur, wanted to create a personal finance management app. Without a clear plan, he had difficulty attracting investors. After creating a detailed business plan with the help of Business Best, which included market analysis, organizational structure, products and services, and financial projections, Kostas was able to gain the trust of investors and secure the financing he needed to launch his business. According to studies, 90% of new businesses with a well-designed business plan achieve survival and growth within the first five years. Contact us Your partnership with Business Best will help you ensure the efficient and successful launch of your business! We plan together your path to success Business Consulting: Specialized Support Have you ever wondered how you could solve specific problems and improve your business performance? Business consulting offers specialized services and advice that help businesses solve specific problems and improve their performance. Business Best business consultants have the experience and expertise to provide practical solutions and strategies. Example: Anna, the owner of a small cafe, was having trouble managing costs and increasing sales. She contacted a business consultant from Business Best who analyzed the current state of the business, identified weak points, and proposed specific solutions. By implementing the consultant’s suggestions, Anna was able to reduce costs, improve customer service, and increase her sales. Businesses that use consulting services are 65% more likely to achieve their goals and increase their profitability. Business Best recommends: When your idea starts to take shape in your mind and becomes a strong desire, it is the right time to start business coaching. Business coaching will give you the strength and courage to pursue your dream. As your idea turns into a clear picture and becomes your strength, you should ask yourself: does the business I want to open have a future? If so, what resources do I need to start the business? When will I start seeing profits? These answers come from a comprehensive and documented business plan from Business Best. The usual practice is that our first contact is with a professional accountant. The accountant will give you answers about start-up costs, advice on the legal form of the business (sole proprietorship, freelancer with a notebook, IKE, procedure through the AADE, etc.). Although this information is extremely important, it is not the first step that will lead you closer to your business dream. First, you need to know exactly what you want and have a strong belief and will to achieve it (through business coaching). Then, when completing the business plan, you can incorporate the costs that your accountant will give you. Business Best is specialized in providing these services and ensuring the success of new businesses. Contact us Conclusion: Starting a new business requires more than a good product or a good idea. Business coaching, business planning, and business consulting are essential elements that can make the difference between success and failure. Through mentoring, strategic planning and expert support from Business Best, young entrepreneurs can develop the skills and knowledge they need to achieve their goals and create a successful business. The stories of Maria, Kostas and Anna are just a few examples of how the right support can lead to business success.

Miscellaneous

Which Profession Should I Choose? A Guide to Choosing a Career with the Support of Career Coaching and Business Best

Which Profession Should I Choose? A Guide to Choosing a Career with the Support of Career Coaching and Business Best Choosing a career is one of the most important decisions you will make in your life. It is a decision that affects not only your financial future but also your personal happiness and quality of life. To choose the right career, you need to take into account various factors and examine your capabilities and interests. Here are some basic steps and tips to help you make this crucial decision with the help of career coaching and Business Best. 1. Identify Your Interests One of the first steps in choosing a career is to understand what you are truly interested in. If you love what you do, you are much more likely to be happy and successful in your work. Think about your hobbies, the activities you enjoy, and the subjects you enjoy at school or university. 2. Assess Your Skills It’s important to know what your skills and abilities are. Some jobs require specific technical skills, while others may require more social skills or leadership abilities. Make a list of your strengths and weaknesses and think about how they might fit into different jobs. 3. Examine the Job Market The state of the job market is another critical factor to consider. Some professions are in high demand and offer good job prospects, while others may be saturated or have limited advancement opportunities. Stay informed about job market trends and future projections. 4. Research the Occupations Once you have a general idea of ​​your interests and skills, as well as the job market, do some in-depth research on the occupations you are interested in. Read job descriptions, required skills, salaries, and career opportunities. Talk to professionals who work in these fields to get a better idea of ​​what life is like and the challenges they face. 5. Think about the Future It is also important to think about your future and how you see yourself in the long term. What profession can offer you the development opportunities you desire? What are the prospects for advancement and the possibilities for continuous education and development? 6. The Role of Career Coaching Career coaching is an extremely useful tool in your journey to choosing the right career. Unlike traditional career counseling, career coaching focuses on the overall development of the individual, offering guidance and support at every step of your career. Contact us How Career Coaching Can Help: Developing Self-Awareness: Career coaching helps you identify and understand your interests, values, and skills. This helps you determine which careers best suit your profile. Goal Setting: A career coach can help you set clear, achievable career goals and develop a strategic plan to achieve them. Personal Development: Career coaching focuses not only on your professional path but also on your personal development. Through the coaching process, you learn to manage stress, develop leadership skills, and improve your interpersonal relationships. Networking and Connection: Career coaches have a wide network of professional contacts and can connect you with potential employers or mentors who can be instrumental in your career. Overcoming Challenges: Throughout your career, you are likely to face challenges and obstacles. A career coach is there to support you, offering strategies to overcome these challenges and stay on track for success. Ongoing Support and Reassessment: Career coaching provides ongoing support and reassessment of your goals. It helps you adapt to change and continuously evolve, ensuring you stay on track. Contact us How Business Best Can Help Business Best is a company specializing in career coaching and professional development. Its approach includes comprehensive services and tools that can help you at every step of your professional journey and guide you in the right career choice. Business Best services: Frequently Asked Questions and Answers I don’t know what profession to pursue: Business Best can help you discover your interests and develop a strategy for your career. I don’t know what profession I want to do: Through career coaching, you can better understand your potential and choose the profession that suits you. What profession should I test for: Business Best offers tests and assessments that help you discover which professions are ideal for you. Learn more about career coaching Choosing the right career is not an easy task and requires time, thought and research. By focusing on your interests and skills, taking into account job market trends and seeking help from professionals through career coaching and Business Best, you can find answers to crucial questions such as “what profession should I study”, “what profession should I do” and “what profession should I take a test”. Career coaching and the services of Business Best can prove to be critical factors in the success of this process, offering you the guidance and support you need.

Miscellaneous

Guide to Recovery and Enjoyment

Holidays 2024: Disconnect and Enjoy Greece Guide to Recovery and Enjoyment Holidays are unique opportunities to regain our energy and renew our soul. While the choice of destination is important – whether you choose cosmopolitan Mykonos, historic Rhodes or traditional Corfu – the real art of a holiday is being able to disconnect from our daily obligations and fully recharge. Enjoy our sunny beaches and picturesque villages without worrying about business messages – knowing that focusing on restoring our mental and physical well-being, restoring our energy and returning to a balanced state, is the best way to enjoy your vacation. How to Manage Work Stress During the Holidays: Enjoy Your Vacation Vacations are the most anticipated time of year to relax, rejuvenate, and enjoy ourselves away from the routine of everyday life. However, for many professionals, the inability to fully disconnect from work can reduce the satisfaction and effectiveness of their vacation. So how can we ensure that we fully enjoy our vacations while maintaining our effectiveness at work? Tips for Managing Work Stress During the Holidays Before you go on vacation, plan and organize your work. Set deadlines and inform your colleagues of any urgent matters. This will allow you to avoid unforeseen work conditions during your vacation. Turn off work notifications on your phone and email, at least for daily notifications while on vacation. This will help you truly disconnect from work and spend time with yourself and your family during your vacation. Set aside some time each day to take care of yourself during your vacation. This can include activities like reading, yoga, or simply being in nature. This practice will help restore your energy during your vacation. Use your vacation time to truly connect with your family. Spend time on activities that will bring you together and create priceless memories during your vacation. Complete disconnection from work is essential to be able to fully enjoy your vacation and recharge physically and psychologically. In summary, your vacation is useful for recharging and renewing yourself. With proper preparation and your commitment to disconnecting from work, you can ensure that you return refreshed and with increased energy for your professional responsibilities after your vacation. Furthermore, always remember to enjoy every moment of your vacation and take time for yourself and your loved ones, leaving work worries for your return. It is understandable that the transition from a full and daily workload to a more relaxed and less demanding daily life is not easy. However, it is essential to remember that our vacation moments should be focused on our mental relaxation. This is crucial to be able to effectively meet the demands of our work when we return refreshed and revitalized. Business coaching can significantly help in this situation in several ways: Essentially, business coaching helps in the effective management of work and stress before, during and after the holidays, allowing the professional to fully enjoy their time off and return refreshed and renewed to their professional obligations.

Miscellaneous

The 5 Critical Benefits of Accounting Support for New and Small Businesses

The 5 Critical Benefits of Accounting Support for New and Small Businesses In an ever-evolving business world, small businesses need to stay organized and compliant with market regulations. Accounting support not only ensures regulatory compliance but also provides critical financial information that leads to strategic growth and financial stability. Business Best, a specialized accounting and business support company, offers services that are perfectly adapted to the needs of small businesses, helping its clients organize their finances, achieve their goals and improve their competitiveness. With its competitive advantage in combined accounting and business guidance, Business Best not only provides accounting services but also guides in strategic development, offering solutions that help businesses remain viable and grow. Tax Compliance and Fine Avoidance One of the main advantages of accounting support is ensuring tax compliance. Business Best accountants monitor all of their clients’ tax obligations, ensuring that tax documents and returns are filed on time and accurately, thereby avoiding fines and penalties. For a small business, even small fines can significantly impact cash flow, making accounting support essential for its stability. Cash Flow Improvement Business Best helps small businesses manage their cash inflows and outflows. Through systematic cash flow monitoring, any delays in payments or increases in expenses are identified. Continuous cash flow monitoring allows for the avoidance of capital shortages and the maintenance of stable liquidity. Economic Planning and Development Strategy Business Best offers services that go beyond basic accounting and focus on financial planning and strategic development. Through analysis and forecasting, the company offers valuable tools for defining strategic plans and goals, helping clients develop a clear direction for growth and innovation. Efficient Expense Management With the support of Business Best, clients identify unnecessary expenses and enhance the efficiency of their budget. Business Best accountants provide a clear picture of expenses, identifying opportunities for savings and improving profitability. Save Time and Focus on Business Development Business Best’s accounting support frees the entrepreneur from the time-consuming management of finances, allowing him to focus on the development of the business and its strategic direction. This means that entrepreneurs can devote time to improving their products and services, without being distracted by financial processes. With Business Best’s specialized approach and its strong foundation in accounting and business services, small businesses gain the necessary ally to grow and succeed in the market. Turn Expenses into Profits! Learn how you can save and manage your business finances more efficiently. Our experts are here to support you. Contact us

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