Business Word of the Day

Definition: Time management — the practice of planning, organizing, and intentionally controlling how you spend your hours, minutes, and even seconds to increase efficiency, productivity, and goal achievement. Etymology: The word time comes from the Old English tīma, meaning “a limited space of existence, season, or lifetime,” rooted in the Proto-Germanic tīmô.

Why Consistency Is King In business, consistency is not a nice-to-have, it’s the foundation. You can have genius-level creativity and even flashes of execution, but without showing up day after day, your work never compounds. Consistency builds momentum, momentum builds results, and results build trust. And trust? That’s currency. It’s better to be average, and consistent; than to be brilliant, and inconsistent.

In business, branding is the process of creating a unique identity, personality, and perception for your company (or yourself) in the minds of others. It’s not just what you sell, but who you are in the eyes of the world. Examples: “The startup’s branding positioned it as a fearless innovator.” “Through consistent branding, she became the go-to consultant in her industry.”

In Islamic business ethics, prudence aligns with hikmah (wisdom) and tafakkur (thoughtful reflection), ensuring that decisions are not only profitable but also just, ethical, and pleasing to Allah. 📖 What Does “Prudence” Mean? Prudence is the quality of being careful, wise, and exercising good judgment when making decisions or taking action.

What Does “Self Motivation” Mean? Self motivation is the ability to initiate and persist in tasks without external pressure or incentives. It means your drive comes from within, fueled by your personal values, beliefs, and purpose. Examples: “Her self motivation kept her studying late into the night, even after a long workday.” “Self motivation allowed the team to complete the project ahead of schedule without needing constant supervision.”

Group economics refers to the practice of a group; whether a family, community, or network, circulating resources, supporting each other’s businesses, and working toward shared financial goals.