February 2024

February 2024

Why Your Best Friend Really Is You!

What defines a best friend? Isn't it the person whom you can count on, no matter what? Trust is the foundation of any strong friendship, and it stems from truly knowing the other person.

Early in my entrepreneurial journey, I came across several tools and techniques aimed at self-discovery. What we think eventually becomes true, as our thoughts influence our actions and decisions, which in turn inform our life outcomes.

In a fast-paced and unpredictable world, professionals are constantly looking for ways to stay relevant, competitive, and fulfilled in their careers. While skills, qualifications, and experience are undoubtedly essential, self-discovery is often overlooked despite being the key to sustainable success.

?As the landscape of work continues to evolve, investing in self-discovery remains a timeless and invaluable investment in your professional growth and success. Embrace the journey within, and watch as it transforms.

Read More here: https://nicoleneschoemanlouw.com/why-your-best-friend-really-is-you/

Podcast

Why your best friend really is you and how loving yourself is truly a powerful key to success: https://youtu.be/RlMJB_JAdJo

Contracting Tip

Your communication style and strategy as they relate to business relationships should not be confined to marketing material only, but to their contracts as well. Contracts are the compasses of many key relationships and therefore there should not be a disconnect between the messaging.

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Contract review is more valuable than just dealing with outdated agreements or contracts even be authored by different legal partners. It is, therefore, a good idea to review agreements (including the templates used) regularly.

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Contract reviews have a range of objectives and may include identifying and protecting the business and its owners against risk and further ensuring strategic alignment to the business objectives, vision and mission.

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  • Checking for conflicts with other third-party agreements or internal governance frameworks and documents.
  • Verifying overall legal and regulatory compliance.
  • Mapping exit strategies and processes for agreements that are about to lapse, terminate or need to be exited from.

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Furthermore, performing legal due diligence on the acquired assets, assignments, rights, obligations, or other liabilities is essential. Although this could be an internal exercise to some degree, it is crucial to consider outsourcing this function or parts thereof.

Not sure where to start? Do not worry, I have you covered!

Why not start by taking our FREE online assessment here: https://contracts4biz.co.za/legal-risk-assessment/

Considering the project management tip for the year why not take the next step and work through your agreements by comparing yours to ours? Subscribe to Contracts4Biz and compare yours to ours where you do not have an agreement in place.

Or we can do it ? Simply, comment below to qualify for a special February discount for us to do so .


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