Thomas Chen - Award Winning Consultant and Speaker’s Post

Yesterday, I opened up about my biggest challenge so far in my journey as a real estate entrepreneur: → Fires at our properties. Why did I do so? Because of 1 thing: Transparency. For me, It goes above everything else. I believe it sets the foundation of your life and business: ✅ Higher client trust ✅ Healthy relationships ✅ Open communication Without it, it’s only a matter of time until it comes crashing down. When you exclude people from: → Important information → Internal processes → Decisions They end up resenting you. That’s no longer a client relationship, and you’re no longer a leader in those situations. Companies cannot thrive without the public’s trust. It takes years to gain and can be lost in a second. So, stop using information as a weapon. To make your company appear better than it is. It might work in the short-term, but it ends up killing your business. What are your thoughts?

Managing conflict among family business members Conflict among family business members is inevitable… especially if within a ‘healthy unit’… not just where dysfunctional conditions may exist. Open and honest communication is important but can sometimes ‘goes off the track’. Good news… it can be managed in a healthy manner. If you are interested in an opportunity to learn from industry experts and fellow entrepreneurs about this and other topics that affect business owners like yourself, be our guest at one of our exclusive mastermind group meetings (only 90 minutes-VIRTUALLY) and gain valuable insights from small businesses who have walked the same path as you. To learn more: https://buff.ly/3naUWK6

Managing conflict among family business members Conflict among family business members is inevitable… especially if within a ‘healthy unit’… not just where dysfunctional conditions may exist. Open and honest communication is important but can sometimes ‘goes off the track’. Good news… it can be managed in a healthy manner. If you are interested in an opportunity to learn from industry experts and fellow entrepreneurs about this and other topics that affect business owners like yourself, be our guest at one of our exclusive mastermind group meetings (only 90 minutes-VIRTUALLY) and gain valuable insights from small businesses who have walked the same path as you. To learn more: https://buff.ly/3naUWK6

Managing conflict among family business members Conflict among family business members is inevitable… especially if within a ‘healthy unit’… not just where dysfunctional conditions may exist. Open and honest communication is important but can sometimes ‘goes off the track’. Good news… it can be managed in a healthy manner.] If you are interested in an opportunity to learn from industry experts and fellow entrepreneurs about this and other topics that affect business owners like yourself, be our guest at one of our exclusive mastermind group meetings (only 90 minutes-VIRTUALLY) and gain valuable insights from small businesses who have walked the same path as you. To learn more: https://buff.ly/3naUWK6

Managing conflict among family business members Conflict among family business members is inevitable… especially if within a ‘healthy unit’… not just where dysfunctional conditions may exist. Open and honest communication is important but can sometimes ‘goes off the track’. Good news… it can be managed in a healthy manner.] If you are interested in an opportunity to learn from industry experts and fellow entrepreneurs about this and other topics that affect business owners like yourself, be our guest at one of our exclusive mastermind group meetings (only 90 minutes-VIRTUALLY) and gain valuable insights from small businesses who have walked the same path as you. To learn more: https://buff.ly/3naUWK6

Are you living your values every day? In your actions. In your decisions. In your language and interactions? As entrepreneurs, we often talk about the importance of values in shaping our businesses. But how many people truly walk the talk? (Honestly, I think it can be harder than it sounds.) My core values are transparency + integrity, open and honest communication, and going the extra mile. Here’s what this really means: Transparency + Integrity. This means vulnerability, too. 👉 Talk about your losses as well as your wins. 👉 No sugarcoating your challenges. 👉 Be real about the spectrum of emotion that comes with business (and life). Communication. Honestly? This is more important than just about anything. 👏  Chronic over-explaining isn’t a bad thing… usually. 👏  Quick updates build trust (they don’t annoy… promise). 👏  Be honest — we’re all human. Going the extra mile. No matter what service you provide, the people who hire you have endless options to choose from. What sets YOU apart from the crowd? 😍 Clear + easy to follow processes. 😍 Social proof — sharing success stories. 😍 Genuine care and passion for what you do and those you help. I use my values to guide all my business decisions, and I hope it shows. But living your values isn’t just about what you do in your business… It’s about who you are as a human and how you impact those around you. What values are most important to you as a business owner?

Building a successful business is a long process that requires patience, effort, and strategic planning, as I have discovered throughout my career as a business development. Though quick success may seem alluring, sustained expansion actually necessitates a thorough grasp of the market, excellent branding, sound financial standing, a highly qualified staff, scalable procedures, and solid client connections. Long-term success and a major impact on the industry are more possible for entrepreneurs who understand and embrace the long-term nature of business development.

How to BUILD a Successful Business from Scratch.. 💰

Selling a business is a journey through uncharted waters for many owners. It's a process filled with complexities that can challenge even the most seasoned entrepreneurs. What are some of the hurdles? • Balancing daily operations with the sale process • Maintaining strict confidentiality • Navigating emotional attachments during negotiations • Preparing your business well in advance These challenges can make or break a deal. That's where professional guidance comes in handy. A skilled business broker brings invaluable expertise to the table. They help maintain focus on your business while managing the sale, ensure confidentiality, offer an impartial perspective, and guide you through crucial pre-sale preparations. Thinking about your exit strategy? It's never too early to start planning. If you're interested in learning more about saving a deal and maximizing your business's potential, I'll leave the link in the first comment. #BusinessSale #ExitPlanning #MaximizeValue

If there was one thing I had understood from the start, it would be the power of trust in building a business. Business was presented to me in a transactional way, leading me to believe it was all about sales and purchases. I fell for these teachings because they reached me when I was in survival mode. I was hungry and ready to do whatever it took to make money and survive. Because of this mindset, I fell prey to those who only intended to deceive and profit from my vulnerability. Today, many businesses focus solely on making money, with little intention of caring for their customers. Fortunately, I kept pushing myself and surrounded myself with the right people. I learned that business is more than just making money. Business is about: Earning Attention: Capturing and maintaining the interest of your audience. Building Trust: Developing long-term relationships based on trust. Creating Value: Offering value at the right moment. Transforming Lives: Making a positive impact through each interaction. These are the four things I wish I had understood when I started. They will help you gain more insights into building a business. What have you learned along the way? #TrustBuilding #BusinessGrowth #EntrepreneurLife #LessonsLearned #CustomerFocus #ValueCreation #LongTermSuccess #ProfessionalDevelopment #RelationshipBuilding #BusinessInsights https://bit.ly/3S5azm8