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How can you balance business development with other mid-career responsibilities?

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Balancing business development with other mid-career responsibilities can be a challenge for senior professionals who want to grow their skills, network, and impact. Business development, or the process of identifying, pursuing, and securing new opportunities for your organization, can be a rewarding and valuable skill to have. However, it can also demand a lot of time, energy, and resources that might conflict with your other obligations, such as managing projects, leading teams, mentoring juniors, or updating your knowledge. How can you find the right balance between business development and your other mid-career responsibilities? Here are some tips to help you.

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Tomer Jakov

I help startups and innovation leaders disrupt traditional industries ??
Kenny Somoka Mwalilino

Business Development Lead

1 Align your goals

Before you embark on any business development activity, make sure that it aligns with your personal and professional goals. Ask yourself why you want to pursue a new opportunity, how it will benefit your career, and what value you can offer to the potential client or partner. Also, consider how it fits with your organization's vision, mission, and strategy. By aligning your goals, you can avoid wasting time and effort on irrelevant or low-priority prospects, and focus on the ones that matter most to you and your organization.

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Kenny Somoka Mwalilino

Business Development Lead
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Professional growth can be fostered by various means, including enhancing networking skills, practicing conscious time management, maintaining a healthy work-life balance, fostering better personal habits, and indulging in more reading materials.

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Tomer Jakov

I help startups and innovation leaders disrupt traditional industries ??
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Clearly define your personal and professional objectives, both short-term and long-term. You need to determine what you want to achieve in your career and how business development can contribute to those goals. Make sure you evaluate opportunities strategically

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2 Manage your time

Business development can be time-consuming, especially if you have to deal with multiple stakeholders, complex proposals, and competitive bids. To manage your time effectively, you need to prioritize your tasks, set realistic deadlines, delegate or outsource what you can, and communicate your expectations clearly. You also need to balance your time between business development and your other mid-career responsibilities, such as delivering quality work, maintaining relationships, and learning new skills. Use a calendar, a planner, or a project management tool to keep track of your commitments and deadlines, and block out time for each activity.

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Tomer Jakov

I help startups and innovation leaders disrupt traditional industries ??
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Time Blocking really helps to ensure you aren't multitasking yourself to failure. Allocate specific blocks of time for different tasks, based on your priorities. Try to understand what generates the most value (or get you closer to your goals) and focus on that portion of your tasks

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3 Leverage your network

One of the advantages of being a senior professional is that you have built a network of contacts, colleagues, and peers who can support your business development efforts. You can leverage your network to generate leads, referrals, testimonials, or introductions to potential clients or partners. You can also collaborate with your network to share resources, insights, or best practices that can enhance your proposals or pitches. Additionally, you can tap into your network to find mentors, coaches, or advisors who can guide you through the business development process and help you overcome any challenges or doubts.

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Tomer Jakov

I help startups and innovation leaders disrupt traditional industries ??
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Business Development is all about network. Expanding your network should be a high priority and should be one of your strategic goals.

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4 Learn from feedback

Business development is a learning process that requires constant improvement and adaptation. You can learn from feedback, both positive and negative, that you receive from your clients, partners, managers, or peers. Feedback can help you identify your strengths and weaknesses, understand your clients' needs and expectations, and refine your business development skills and strategies. You can also seek feedback proactively by asking for suggestions, recommendations, or opinions from relevant sources. Moreover, you can use feedback to celebrate your successes, acknowledge your failures, and set new goals for yourself.

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5 Enjoy the journey

Business development can be stressful, frustrating, or exhausting at times, but it can also be fun, exciting, and rewarding. To balance business development with your other mid-career responsibilities, you need to enjoy the journey and not just focus on the outcome. You can enjoy the journey by finding meaning and purpose in your work, embracing challenges and opportunities, and celebrating your achievements and milestones. You can also enjoy the journey by taking care of your well-being, maintaining a positive attitude, and having a sense of humor.

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6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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Tomer Jakov

I help startups and innovation leaders disrupt traditional industries ??
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Business Development is a skill, It's a mixture of soft and hard skills. Analytics is needed to identify opportunities, Your soft skills will secure the deals for you.

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How can you balance business development with other mid-career responsibilities?

1

2

3

4

5

6

1 Align your goals

2 Manage your time

3 Leverage your network

4 Learn from feedback

5 Enjoy the journey

6 Here’s what else to consider

Senior Stakeholder Management

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How can you balance business development with other mid-career responsibilities?

1

2

3

4

5

6

1 Align your goals

2 Manage your time

3 Leverage your network

4 Learn from feedback

5 Enjoy the journey

6 Here’s what else to consider

Senior Stakeholder Management

给文章评分

感谢您的反馈

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