Even though the new economy is changing the culture of our workplaces, one thing will always be important: communication. Without the ability to effectively communicate our messages, we will struggle to get ahead in this new economy. So, here are five of the most common mistakes that entrepreneurs make when speaking with executives.
1. Making assumptions about your audience’s knowledge
The most common mistake that entrepreneurs make when speaking with executives is to assume that they have the same level of knowledge about a topic as you do. For example, if you’re talking to a CEO or COO, they most likely have some type of corporate experience, so you must be very careful in how you talk about your business. You can’t assume that they know everything there is to know and will only accept the best presentation possible. They know that everyone is trying to persuade them, so your presentation must stand out from the rest of the crowd.
2. Failure to speak with conviction and passion
Speaking with conviction and passion gets you noticed, like a magnet attracting the audience to you. They will be drawn towards your presentation, wanting to hear more. This is one of the most important factors that differentiate entrepreneurs from each other.
3. Failing to ask questions or use active listening techniques
While it’s not necessary to ask the executive if they are familiar with the topic in question, using active listening techniques can help you get clarity on how much information they need on the subject matter in order for them to make a decision. For example, let’s say that you’re trying to convince them to invest in your new product, but they want more information on how your product is superior compared to others’.
4. Attacking someone’s intelligence or credibility instead of challenging them on their ideas or behaviors
While we all have egos and can be sensitive, attacking the executive’s intelligence or credibility in any way will most likely set them off and result in a negative conversation. This typically doesn’t work, since executives know that you’re trying to get more information. The best thing to do is to take a few deep breaths and ask if you can give them some time to think about the information that you provided. They will appreciate it and be more receptive, allowing you access to their decision-making processes.
5. Forgetting to speak in their native tongue
Just because your executive is speaking English doesn’t mean you should do the same. By speaking their native tongue, you will make a very positive impression on them because they will know that you care about their culture, background, and country. It’s also important to remember that executives are busy people with many responsibilities that compete for their time. You don’t want your language to compete with these other responsibilities because if it does, your opportunity’s gone.
By avoiding these mistakes, you can improve your speaking skills and be more successful in your business relationships.
Nominations for the Class of 2023 of Entrepreneur’s Diaries’ 30 Under 30 are now being accepted. If you are a very successful businessperson or professional, now is your chance to put your name forward to be considered for the prestigious list.
First, though, here are a few things to keep in mind:
1) You Must Be Under 30 Years of Age on February 28, 2023, If You Are an Entrepreneur or Professional.
2) All questions on the nomination form should be answered, regardless of whether you are an entrepreneur or a professional.
Incomplete applications will not be considered. The term “non-applicable” is used to indicate that something is not relevant. If you make the cut, the editors at ED may contact you for more information; at that time, you have the option of giving it publicly or keeping it confidential.
3) Entrepreneurs are required to show proof of age in the form of a government-issued identification card. Only the ED editorial staff will have access to the information on your National ID card, and they will use it only to verify your application and birth date.
4) Once you’ve submitted your answer, you won’t be able to change it. Be sure to double-check your answers and review the form for accuracy before sending it in.
Nominate yourself or another deserving professional using this Form.
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Please fill out this Form to nominate yourself if you are a particularly outstanding business owner.
ED 30 Under 30, Class of 2023 Categories
Advertising, Marketing & Media
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Web3
Professionals and entrepreneurs in the areas of cryptocurrency, the Web, DeFi (Decentralized Finance), and the Metaverse are now included in the Cryptocurrency category, which has been renamed Web3 for this year’s awards. In every other respect, nothing has changed.
On December 15, 2022, at 11:59 p.m., the nomination period will end.
This year, we’ll be on the lookout for the ED 30 Under 30 class of 2023.
In this fast paced world, people often find it difficult to maintain a work-life balance which deteriorates their lifestyle and well-being in many ways. But, what if we tell you that there are people who despite being busy enough and having a workload manage to keep themselves healthy.
The following feature talks about how Vinay Maloo, the Founder and Chairman of world-renowned conglomerate Enso Group, maintains a perfect balance between work and fitness to lead a healthy lifestyle. At 61 years old, Maloo has a great work-life balance because he gives his work enough time and makes sure to stick to his fitness plan. Vinay Maloo starts his day by going to the gym. After that, he does yoga and meditates every day before going to work.
Maloo says that it is important to keep body and mind aligned in a positive direction before you get ready for the challenges waiting for you ahead. While Gym and Exercise keeps you physically fit, Yoga and Meditation fulfills the goal of inner peace for you, says Maloo. Vinay Maloo follows a complete Vegetarian diet which keeps nutrition high and is easy to digest.
Enso Group is a conglomerate which implies Maloo as a Chairperson has to preside over multiple businesses and thus to get the required energy it is important for him to follow the fitness regime. Not only this, but Maloo’s wife-Vineeta Maloo is also indulged in yoga and fitness walks.
Vinay Maloo’s dedication towards fitness and maintaining a healthy work-life is surely inspirational and the upcoming entrepreneurs and people in general who brag about having a busy lifestyle should learn to incorporate fitness in their lives in order to lead a healthy life.
Are you an independent thinker who contributes to your organization’s innovative and significant work in world? Do you have a track record of consistently outperforming your peers? Do you have a coworker who possesses these characteristics?
Are you under 30 years old? Are you under the age of 30 on February 28th, 2023?
We’d like to learn more about you. Fill out the form below with accurate and up-to-date information about yourself to be considered for the Entrepreneur’s Diaries 30 Under 30 Class of 2023.
Before you fill out the nomination form, here’s everything you need to know: Click Here
This is an editorial property of Entrepreneur’s Diaries. Charges for PR
Are you an entrepreneur who is doing innovative and significant work? Are you bridging market gaps and attempting to solve old problems with new solutions?
Have you ever taken a chance or a leap of faith? Is your concept scalable?
Are you under 30 years old? Will you be under the age of 30 on February 28, 2023?
We’d like to learn more about you. Fill out the form below with accurate and up-to-date information about yourself and your business.
Before you fill out the nomination form, here’s everything you need to know: Click Here
This is an editorial property of Entrepreneur’s Diaries. Charges for PR.
Ask any comedian, and they will tell you that their job is never easy. It’s essentially a series of one-liners that require a lot of creativity and talent to keep things moving smoothly. But as hard as comedians work on their material, nobody ever talks about them writing books. That is, till now. We recently got to talk with up and coming comedian Madison Malloy about her first book release and what it was like for her to come from New York City stages to publishing her book independently.
Please describe your journey to our readers.
When I graduated college, I went to work as an analyst on Wall Street, but quickly realized working in corporate America wasn’t fueling my soul. I then had an opportunity to start a business-to-business ecommerce platform which I did for 4 years until we decided it just wasn’t working as planned and decided to shut it down. At that point I decided life was too short not to do what you loved and became a stand-up comedian. Through my journey trying to make it as an entertainer, I discovered by love for writing and creating to help and inspire others. Through this process it clicked for me that what I was really chasing was financial freedom and became open to any opportunity that made money. This allowed me to really pursue many avenues and build the confidence I needed to get out of my own way and now I’m sharing that advice in my first book ‘Time to Lighten the F*ck Up.’
When did you first realize you wanted to be a writer?
Once I decided to follow my passion of becoming a comedian, I fell in love with the whole concept of writing a book one day. The stage only allowed me to say so much so a book seemed like the best option to put my thoughts, feelings and advice out into the world. I had many struggles trying to make it as a comic and once I overcame those, I knew I needed to write a book to help others do the same. Life is too short to be stuck at a job or in a situation you hate. This is your life and you have to do what makes you happy. I knew writing would help me guide and inspire people to make the world a better and more enjoyable place.
Before being a author you’re into comedy, we would love to know about that part
I decided to become a comedian after my e-comm business didn’t work out. I had already left Wall Street and knew going back wasn’t the answer for me. At that point I realized I had nothing to lose and I might as well follow my passion and do what I loved to do which was making people laugh. Through my journey as a comedian, I realized I loved the stage, but also had fallen into deep depression when things weren’t happening as quickly for me as I had hoped. I felt totally broken at times physically and financially so made it my mission to find a way to make it by opening up my mind to opportunities in and out of stand up. This is how I fell into creating reality tv concepts and now have a few shows in development. Through my struggles of being an entertainer I overcame my own obstacles and now feel clear on my mission which is to help and inspire people through my writing and creative concepts whether it be television or public speaking.
How long does it take you to write a book?
This is my first book and I had been toying with the idea for years, but wanted to wait for a publisher so I would pick it up here and there when I had some downtime. It wasn’t until I was invited to a Mastermind seminar in Mexico, that it became a reality when I met my publisher. By the time I got back, I was motivated to get the book done and out into the world so within 5 months it was finished and ready for the world to see.
What is your work schedule like when you’re writing?
I usually like to start writing first thing in the morning when my mind is clear and will write until I hit a block. I will also voice record certain parts or chapters and then transcribe them. I feel this is a good strategy for me as it allows me to speak freely so I don’t miss any important points and I am can give a more authentic take on the topic. I then go back and clean it up.
What would you say is your most interesting writing quirk?
I like to voice record a lot of my writing at first and then go back and add or subtract. I learned this strategy from the brilliant writer and celebrity entrepreneur Clint Arthur.
How are books published?
Many people self-publish these days, but you can also find a smaller publisher who is willing to take a chance on you, or get a large publishing house to give you an advance up front, but you usually need to be an established book writer or be a name most people know. However, self-publishing is becoming the primary way for even established writers to do their books these days as they make more money since they already have a large platform to sell it. The traditional publishing houses typically take so much of the pie they no longer find it worth it.
Where do you get your information or ideas for your books?
I like to write about what I know. This is my first of many books, but I will stay in the self-help section as I feel this is my passion to help people get out of their own way to live their best lives. People are so fearful and lacking confidence which is preventing them from taking the chances they want. Through my writing, I hope to inspire them to use the fear to drive them and make their dreams come true. Life is truly magical and easy, but we over complicate everything.
When did you write your first book, and how old were you?
This is my first book. Started toying with the idea for the book around 37, but didn’t write the book until 39 and it is now published at 40 which I just turned.
What do you like to do when you’re not writing?
I like to create reality TV concepts, invest in crypto, speak to audiences, hang with family and friends, workout and cuddle my dog Debra Joy.
What does your family think of your writing?
They are very supportive of what I do and believe in me. However, sometimes they don’t always approve of the dirty jokes or language, but that is my authentic self which they know and love.
What was one of the most surprising things you learned in creating your books?
How much of your authentic self you have to put into it. It also made me realize how much I had grown and inspired me to create even more.
How many books have you written? Which is your favorite?
This is my first book. I am now outlining and starting to work on my second.
Do you have any suggestions to help me become a better writer? If so, what are they?
Don’t overthink it. Write from the heart, but be clear on the message you are trying to deliver. My advice to anyone looking to become a better writer is to just do it. You aren’t born a master, you become one by doing.
Do you hear from your readers much? What kinds of things do they say?
Not yet. Hoping they love the book
Do you like to create books for adults?
Yes. As a comic I like the dirty jokes so would be canceled if I wrote for kids. However, there is one idea I am toying with for a kids book, but it will be very PG.
What do you think makes a good story?
Anything that strikes an emotion with the reader. People not only want to be entertained, but they want to be left with a feeling of inspiration.
As a child, what did you want to do when you grew up?
I first wanted to be the next Pamela Anderson, but luckily, I discovered Warren Buffet and fell in love with the whole concept of Wall Street. Then I just wanted to be rich☺
We hope you enjoyed reading this interview as much as we liked conducting it. It was very insightful to know a little more about Madison Malloy and her journey in writing her first book. She has taught us here at the Entrepreneur’s Diaries magazine that anything is possible with the Passion and determination to follow through, no matter how far fetched it seems for others, or you yourself might think it is.
