Business Veda

“As a business owner, you must keep a watchful eye on all your borrowings and constantly work on removing or at least reducing overall borrowings.” -Malay Damania

The goal of a business is to earn profit, but finance costs can eat up our profits. We need to keep an eye on the borrowings so that we can build a profitable business that generates enough surplus to fulfill our dreams.

In our previous episode, we discussed two critical points for getting your company out of debt. This episode will be a continuation of that discussion. You\'ll hear from your host, Malay Damania, about four more ways to make your company debt-free.

The points that are being discussed in this episode

1. Generating additional funds from your business

2. Getting smarter with credit card payments

3. Adopting a data-driven approach

4. How to create a separate fund in your business

Download the free Chart of debt:

http://bit.ly/3GJfILV 

Listen to Part-1 of making your business debt-free:

https://bit.ly/bvp-part-1 

Tune in to know more and follow the Business Veda podcast!

Buy Malay’s book - Business Champ

Get 50% festive discount offer - just use the code GRABIT on chekcout

Malay Damania conducts business mentoring and coaching sessions to help small and medium business owners, startup founders, entrepreneurs, and CEOs to get past their stagnancy in business to move into a growth trajectory.

Book Free Consultation with Malay

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

Instagram - https://www.instagram.com/malaydamania/

Email - [email protected]

**This show is produced and managed by Done For You Podcasts, full-service podcast launch and management company**

"It's your duty as a business owner to ensure that your company is adequately funded, which means neither the shortage of funds nor the excess of it."- Malay Damania

As entrepreneurs, we all understand how borrowing and the interest costs associated with it affect our cash flow and profitability. If we try to overlook and disregard this financial cost and the cash flow, then it can turn into a total mess for our company.

In today's episode, the podcast host Malay is sharing some of the most effective ways in which a company can be debt-free or borrowing free

Here are some of the key points that he is sharing in this episode

1. Importance of funds in business
2. Never chew more than you can swallow
3. Prepare a chart of all your debts
4. Prioritize your repayment plan

Download chart of debt here:

http://bit.ly/3ObOI9t

Tune in to know more and follow the Business Veda Podcast!

Buy Malay’s book - Business Champ

Get 50% festive discount offer - just use the code GRABIT on chekcout

Book Free Consultation with Malay

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

Instagram - https://www.instagram.com/malaydamania/

Email - [email protected]

**This show is produced and managed by Done For You Podcasts, full-service podcast launch and management company**

“Challenges will always exist; they are part of our lives. The difficulty is to train your mind to constantly try and seek other ways to achieve your objectives.” -Malay Damania

A lot of people are pumped up to accomplish their goals and targets, but as soon as they encounter an obstacle, they give up. Is there something about perseverance we can learn from ants?

Indeed, these tiny creatures can give us great business lessons. Ants are creatures that we hardly bother about until stung by them. But did you know that ants are nature\'s most successful species? In order to survive and thrive, they are quick to adapt and persist.

Malay shares all the information on how to apply the traits of these insects to our businesses and grow.

Here are some of the key points of the Ant Philosophy he is sharing today

1. Never Give UP

2. Keeping a two-step ahead plan

3. Staying positive during tough times

Tune in to know more and follow the Business Veda Podcast!

Buy Malay’s book - Business Champ

Get 50% festive discount offer - just use the code GRABIT on chekcout

Book Free Consultation with Malay

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

Instagram - https://www.instagram.com/malaydamania/

Email - [email protected]

**This show is produced and managed by Done For You Podcasts, full-service podcast launch and management company**

“If you work on someone else's agenda, you will always run out of time to do your own stuff, so never say yes when you are actually wanting to say no.”- Malay Damania

How many times do you work on someone else's agenda instead of setting your own?

How frequently do you end up doing things that are completely different from your to-do list?

Well, if your answers are ‘quite often’ to these questions, then you are not alone. You are one amongst most people who do not want to displease anyone. Like any other human being, you want to be in the good books of others.

But being a YES man or woman, will not help you reach your goals or achieve your dreams. 

On this episode of The Business Veda, host Malay Damania discusses the importance of saying No instead of saying Yes and in turn maximizing your focus and progress toward your targets.

Here are some of the key points he is sharing today

1. Saying No to other people's demands
2. Being polite when you say No
3. Going after your top priority
4. Keeping your schedule on track

Tune in to know more and follow Business Veda Podcast!

Buy Malay’s book - Business Champ

Get 50% festive discount offer - just use the code GRABIT on checkout

Malay Damania conducts business mentoring and coaching sessions to help small and medium business owners, startup founders, entrepreneurs, and CEOs to get past their stagnancy in business to move into a growth trajectory.

Book Free Consultation with Malay

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

Instagram - https://www.instagram.com/malaydamania/

Email - [email protected]

**This show is produced and managed by Done For You Podcasts, full-service podcast launch and management company**

Ready to stir your brain and tickle your mind to get ideas and insight that can help you expand the horizon of your business reach? Then jump right into this week’s episode of Business Veda. 

Today, we will talk about the much-hyped topic of ‘Creating your niche.

Unlike many corporations that cater to the masses, niche businesses offer services to highly specific markets that are overlooked or underserved. From organic personal care products to luxury apparel for pets - let’s deep dive into how having a niche can help you make a lot of money.

Your host Malay Damania is sharing how to win over your audience by creating a market strategy that is based on crafting a unique selling proposition, nailing down a specific business strength, and identifying the target audience

Malay shares these 5 tips to help you run a successful niche business:

• Discovering the right audience
• Discover the need
• Know your customers 
• Make a business plan
• Market your product to specific targets

Remember to FOLLOW the Business Veda Podcast for continuous learning and growth in the field of business! 

Buy Malay’s book - Business Champ

Get 50% festive discount offer - just use the code GRABIT on checkout

Malay Damania conducts business mentoring and coaching sessions to help small and medium business owners, startup founders, entrepreneurs, and CEOs to get past their stagnancy in business to move into a growth trajectory.

Book Free Consultation with Malay

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

Instagram - https://www.instagram.com/malaydamania/

Email - [email protected]

**This show is produced and managed by Done For You Podcasts, full-service podcast launch and management company**

"An accountability partner can help you stay focused when you get distracted or defocused and help you to get back on track."- Malay Damania

We are back again with another episode of the Business Veda podcast that will stir your brains and tickle your mind to help you expand the scope of your business. 

This episode is a continuation of the previous episode where the host, Malay Damani, discussed the importance of having an accountability partner in your business as well as who you should choose as your accountability partner and who to avoid.

 In this episode, Malay Damania explains WHY having an accountability partner is vital to the success of your business.

Malay shared the following benefits of having an accountability partner:

1. It will help you to stay on track 
2. Keeps you motivated
3. Will push you to your limits
4. Provides you with support and guidance

Dig into these benefits as Malay shares his 30+ years of experience in building teams and businesses. 

Remember to FOLLOW the Business Veda Podcast for continuous learning and growth in business! 

Buy Malay’s book - Business Champ on Amazon

Got a question for Malay? Send him a vox and he will answer your question in future episodes.

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

Instagram - https://www.instagram.com/malaydamania/

Email - [email protected]

**This show is produced and managed by Done For You Podcasts, a podcast launch company that helps podcasters stay and shine in their zone of genius**

" You need an accountability partner if you are really serious about doing something worthwhile in your business." -Malay Damania

Has it ever happened to you that you heard a motivational speech or speaker and felt like nothing in this world is unattainable? You got into this space of possibilities and enthusiasm feeling supercharged and victorious. 

Alas! That feeling of victory is short-lived. That motivation is short-lived. 

But then how can you make it permanent? Make it a reality.

Today in this episode of Business Veda Podcast your host Malay Damania is sharing how you can implement the motivation and knowledge as sustained actions and how the probability of you reaching your goals can be increased.

Join in as Malay shares: 

1. What you can do to perform better and reach your full potential?
2. Who is an accountability partner?
3. How to choose an accountability partner
4. What are the traits you should look for in your accountability partner?

Remember to FOLLOW Business Veda Podcast!

Buy Malay’s book - Business Champ on Amazon

Got a question for Malay regarding building a profitable business? Send him a vox and we will feature your question with answers in future episodes.

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

Instagram - https://www.instagram.com/malaydamania/

Email - [email protected]

**This show is produced and managed by Done For You Podcasts, a podcast launch company that helps podcasters stay and shine in their zone of genius**

 “There is a predictable imbalance between input and output. There is an imperfect correlation between our efforts and results.”-Malay Damania

Pareto principle is one of the most helpful concepts for business this rule simply suggest that 20% of your activities will account for 80% of your results

This 20-80 rule was observed by the famous Italian economist in the late 19th century. He observed that the distribution of income and wealth was imbalanced in a systematic and predictable manner, and he found a similar pattern in almost every aspect of life. For example, 20% of customers generate 80% of revenue, 20% of effort produces 80% of results, and so on.

The Pareto principle is among the best time management strategies and is discussed by Malay Damania on Business Veda today. 

Here are some of the key points he is sharing today

1. Origin of Pareto Principal
2. How this concept explains a lot about a certain business practice
3. Understanding the concept to gain maximum benefits 
4. How we can expand and grow our business

Tune in to know more and follow Business Veda Podcast!

Buy Malay’s book - Business Champ on Amazon

Got a question for Malay regarding building a profitable business? Send him a vox and we will feature your question with answers in future episodes.

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

Instagram - https://www.instagram.com/malaydamania/

Email - [email protected]

**This show is produced and managed by Done For You Podcasts, a podcast launch company that helps podcasters stay and shine in their zone of genius**

‘By delegating properly, you are  giving opportunities to your people to perform and unleash their talents and utilize their full potential.’ -Malay Damania

Every entrepreneur who wants to build a remotely-run organization or a business that can grow and thrive without daily intervention must develop delegation skills 

Delegation happens when a manager assigns responsibility as well as the authority to his subordinate to do a particular task.

But how do you ensure that they exactly know how the assignment needs to be done and that your client continues to get the best services if you are not personally doing it? 

The process of delegation is similar to parenting a child. You need to be patient and think like you are raising a child. 

In today\'s episode, Malay Damania is going to share the 4 key principles to perfecting the art of delegation-

1. Gaining clarity on Assignment
2. Starting Small
3. Delegating to the right person
4. Setting timelines and monitoring progress report

Tune in to know more and follow Business Veda Podcast!

Buy Malay’s book - Business Champ on Amazon

Got a question for Malay regarding building a profitable business? Send him a vox and we will feature your question with answers in future episodes.

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

Instagram - https://www.instagram.com/malaydamania/

Email - [email protected]

**This show is produced and managed by Done For You Podcasts, a podcast launch company that helps podcasters stay and shine in their zone of genius**

‘Whether you have a small or big company, mapping out a good induction program will go a long way in developing a great and productive employee.’  -Malay Damania

In your organization, what is the most important asset? If you say manpower or your employees, you are correct. We understand the importance of having a great team and therefore it\'s also extremely important for us to select our team wisely.

A good employee is crucial to the success of your company. Recruiting a new employee will take a lot of time and effort, and once that new employee is hired, they won\'t be able to produce results right away. It will take time and effort for them to produce results.

Wouldn\'t it be great if this time could be shortened?

In today\'s episode, Malay Damania discusses the process of having an effective induction program for new recruits and how you can save a lot of time and effort by following these 5 steps

1. Welcome the new Employee
2. A session with the Leader
3. A session with the HR manager
4. A session with the Reporting Manager
5. Assign a success buddy

Tune in to today\'s episode to know more and follow Business Veda Podcast!

Buy Malay’s book - Business Champ on Amazon

Got a question for Malay regarding building a profitable business? Send him a vox and we will feature your question with answers in future episodes.

Connect with Malay at:

Website - www.malaydamania.com

Linkedin - https://www.linkedin.com/in/malay-damania-23285717

Instagram - https://www.instagram.com/malaydamania/

Email - [email protected]

**This show is produced and managed by Done For You Podcasts, a podcast launch company that helps podcasters stay and shine in their zone of genius**