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  • Business Development Four simple yet effective exercises for MFDs to grow business

    Four simple yet effective exercises for MFDs to grow business

    Read on to know four activities that can help you grow professionally and personally.
    Karishma Gagwani Jul 15, 2021

    'You must prepare yourself for the role that you need to play for creating better results and output.’

    Inspired by the above quote by Swami Gyanvatsal, motivational speaker and spiritual leader at Cafemutual Ideas Fest 2021, we have shortlisted four effective exercises that will help you grow professionally and personally. Let us look at them:

    Warren Buffett’s 5/25 rule

    Here is the three-step process for gaining clarity on goals.

    #1-List down the top 25 goals to be achieved

    #2-Choose the top 5 goals of extreme priority

    #3-Focus and accomplish the top goals

    The 5/25 rule helps in identifying important goals and taking dedicated actions. Focused efforts are bound to improve overall productivity and performance.  

    Robin Sharma’s 90/90/1 rule

    The 90/90/1 rule suggests that for the next 90 days, the first 90 minutes at work must be exclusively devoted to the single most important project. These 90 minutes should be free from distractions and interruptions of any kind.

    The rule helps in devising a dedicated approach that can generate exponential results. It also allows you to create your own niche.

    Seek constructive feedback

    Constructive feedback helps in identifying those areas which need attention. In fact, feedbacks received from collegues and clients can play a vital role in improvising daily practices and business performance.

    At times, some find it difficult to give honest feedback while talking in person or over the phone, in such cases, it may be useful to procure feedback over email.

    Set a long term goal

    One must be able to look into the future strategically while managing the day to day affairs effectively. A vision helps in staying aligned to the long-term goals. It is vital to know where do you see yourself over the next five/ten years. This gives a clear direction and helps in drawing the plan of action.

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    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

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