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Showing posts with label business tips. Show all posts
Showing posts with label business tips. Show all posts

May 16, 2014

Top 10 Lessons to Learn from Failure

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Failure is a word most of the people do not like to hear and do not want to give place in life. But, if we look at it from the other point of view, no teacher in the world would be able to teach us more valuable lessons than failures teach us.


If we think of it from one point, failure is what awakes us into real life; it acts as an eye-opener and a vital key to success.

Let us look at some of the positive points that we can learn from failure.
  • Failure helps us to prepare ourselves for success, it shows that what we are is not what we need to be successful, and we need to become something else to be successful. This is an important lesson that failure teaches.
  • Failure is rightly called a blessing in disguise, because it teaches us so many important things that we don’t usually otherwise learn in life.
  • Failure give us a hint, they act as a warning signs for us, and let us know that the direction in which we are leading our life is not right and some changes need to be made
  • Failure teaches us the value of time, value of persons and resources.
  • Instead of thinking and taking it for granted that this is it with this failure ends my life. If we change our attitude and see this phase of failure as a passing cloud, we will leave failure behind
  • Failure gives time for us, to think and introspect ourselves.
  • Failure gives the right direction to our life. It shows that may be the direction in which we have been going is not good for us, and we need to change the direction.
  • Failure if used properly increases our patience.
  • Failure gives us the strength to accept things and to with stand and absorb the challenges that life throws at us.
  • Failure prepares us for life, most of the times we don’t do anything out of fear of failure, but when you experience it, you overcome it and equip yourself for success.
Every person at some stage in life must have experienced failure. But it is our attitude towards failure and the way we treat it and understand it, that makes the difference between a failure and a successful person. Failures are the pillars to success, and right quote to adopt in life.
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Feb 25, 2013

Top 5 Business Principles to Learn from Nature

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business principles from nature
As a business aspirant, we always listen to big business consultants, authors and businessmen. But the Nature has everything to give you even for your business. The meaning of business and competition has been changed over period of time. The world has become competitive for business; everyone is in the race of competition.

The meaning of competition in business was not same in 17th Century, by then competition, which is the core element of business, was considered as “to strike for a common goal”.

But 21st century, the meaning of business –competition has been changed to “to win at any cost”.

Mother Nature is the best business consultant, who her we can learn best business principles for sustainable and overall development.

Nature provides equal opportunity to all the creatures, plants and species irrespective of their size and community.

It has been successful in nurturing all equally from the time it was evolved, the evaluation of nature tells us.

Here are the top five principles of nature – which one business man should learn for sustainable development and success:

1. Diversity: There are plenty, and plenty of option in business to follow. Diversification is the best method to cherish and grow. The nature has diversity and it has power though to look after all. In business, one also needs to have diversity, a new approach very time to have success on your side.

2. Adaptation: Nature teaches us to adapt to any situation, no matter how hard it could be. Nature has adapted to toughest condition and able to preserve life there. Difficulties are obvious in business and one needs to learn the adaptation from the nature to stick to business during toughest times or hard time.

3. Resiliency: There should be resilience of flexibility in your approach while doing business. Look at the nature, it will teach about the resiliency in every sphere of life, plants etc. And this is the best business principle to achieve success. Consider this principle and start implementing into your business model, sure that it would bail out you from the obstacles in business.

4. Balance: Try to balance in your business to achieve success. Nature shows the best balance in its activity, which could be great motivating factor and principle for business leaders in world. Take the example any successful businessmen; there will be perfect balance in their work, life and approach.

5. Harmony: In the field of business or life, one should need to maintain harmony. Nature tells us live in harmony, not in unrest. Without harmony the world would have ended many century ago. In business too, on need to learn this biggest lesson from nature to keep growing and maintaining perfect harmony with everyone.

These are the top five business principles one need to learn from the nature, for success, sustainable development and consistent performance.
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Feb 4, 2013

Use Social Media Sites for Business

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social media for business
Social media has been the most popular medium of late of reach millions in a day. If you on a right social media that has most targeted audience for your business model, then that is the perfect place to promote your product.

In this digital age, even a school student talks and chats on Facebook, a popular social media site, it doesn’t mean to count the popularity of the site, but to show that most users are there on the site.

While promoting products on social media sites, it is recommended to have self regulations – do not approach to users frequently rather you can create a group, where interested user can discuss about your new products.

No need to a techie guy to promote good and services online, most of the sites are user friendly and well graphically oriented.

The success is depend on your approach not the sites have millions of users, because you need to find the best customers for your product.

It hardly makes any bid difference having bit fan following of users on a particular social media site, without having customers. However, more following will help you to advertise your products with no guarantee of sales. Try the best social media sites, find the interest of the users there, match their preferences, and approach if those fit into your services.

Most of the users on social media sites seldom show interest in understanding products, but in groups of the same social media domain, some users present there for genuine review, latest launches of products in the market.

Use the social media domain for the sales but keeping the interest of your goods and services, don’t forget that users there spend time to recreation but purchases.
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Feb 3, 2013

All About Small Business

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Small Business
What strikes to your mind while thinking about ‘Small Business’? Probably, answers we know - it is all about having a small set up or entrepreneur doing small task.


That’s not applicable everywhere in all the scenarios in the business world. Think again, small business is the alternative but effective way to grow in business.


When it comes to a start up, initially it starts with small business, and the success will transform it into a mega business model. Doing a business itself challenging task as economics defined for production four factors required viz., land, labour, capital and organization.


And without these factors, business is just impossible. The perfect implementation of these four factors could be at best in small business.


Small business is not completely a small business at least in terms of the profit it earns. For example, if one earns 40 per cent net profit out of small business, this is equal to same per cent of net profit in any other mega business.


The only different is the value or market you have, and the marginal value of the money you have in the business. In the world of business there is always scope for development and expansion only the approach is right and you know your target customers.


Serving customers through products is the hardest job ever in the world because they are different from another.


This sort of business is the best ways to cherish, gain and develop. Start up a business in small way but aim to grow with it, feel that sky is the only limit, if you want to top.
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Nov 30, 2012

Advisory Review on Business and Management Ethics

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Management and Business Ethics

Managers play an important role in establishing a company’s ethical tone. A company's leaders are responsible for setting standards for employee behavior.

It's important for managers to play an active and positive role in creating a working environment, where employees are encouraged and rewarded for acting in an ethical manner.

Managers should show in action by following ethics themselves, so that in turn employees may emulate and follow them.

They should remember the fact that leading by example is the first step in fostering a culture of ethical behavior in their companies.

Importance of Ethics

Ethical behavior improves the atmosphere at work and motivates the employees. Following ethics evokes a sense of pride for the company and improves its image in the eyes of the employees.

From the outer point of view, ethical behavior improves the public image of the company, and sets an example for others to follow.

Companies and business persons, who wish to have long term business, must adopt sound ethical decision-making practices.

Knowing the difference between right and wrong and choosing the right is the foundation for ethical decision making.

In many cases, doing the right thing is what leads to the greatest financial, social, and personal rewards in the long term.
Image credit: ReadytoManage

Management ethics are the ethical treatment of employees, stockholders, owners, and the public by a company.

While a company needs to make a profit, it should have good ethics also.

Employees should be treated well. By being respectful of the environment in the community a company shows good ethics.

Ethics and ethical behavior are important parts of healthy management. From the point of view of management, behaving ethically is an integral part of long - term career success.

Organizational ethics
  • The company should care for the consequences of its actions on the society.
  • The company should expand its activities apart from required legal obligations or formalities.
  • The company should adjust its policies according to the social conditions, demands and pressures.
  • The company decides to concentrate on its long-term goals for the benefit of society in general.
Ethical decision-making  

When taking a decision the management should following criteria of ethical decision-making:
  • Legality – what will be the legal consequences of the decision?
  • Fairness – What effect does the decision have on those involved in decision making and those involved?
  • Effectiveness – Decision once implemented and takes the form of action will it be able to achieve the goals and results?
Any decision that is illegal, not fair and not effective should not be taken. If a business or a company is built on strong foundation of business and management ethics, no one and nothing can stop it prosperity and progress.
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Oct 26, 2012

Top five tips to be a Perfect Manager

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Perfect Manager
The term manger himself dictates the role of a manager. One who has to mange himself, others and situations. There are various points that play a vital role to shape oneself into a perfect manager. Let’s look at few of those points.

1. Goals: When we set goals we know where we are heading to, if we are on the right track, and we have a chance to correct and progress. So, to be a perfect manger it is very important to set goals for yourself and for those working for you.

2. Praise: A good manger knows the value of the persons working for him and leaves no chance to praise them, whenever he gets one. As it is important for a manger to correct his staff, it is equally important to praise them for what they are worth, and they do. Because this leads to strengthen the relationship between them.

3. Criticism: Not a very good thing to do but becomes inevitable to get the tasks done. Whenever you want to correct the staff, you should allow the other person to know by your behavior and words that, your intention is purely to get the work done and not to criticize. And always praise the staff in front of everyone and correct them in private, in your cabin.

4. Explain: No one is born perfect in this world; we all learn what we learn from experience and by doing. So, don’t expect everyone to know everything, when the need arises, explain, to them as to what they have to do, how they have to do. A perfect manager knows this and so takes the trouble to explain.

5. Relationship: Last, but not definitely the least, a Perfect manager is one who knows the value of relationships, and is good at them. Managing people is managing relationships, one who is good at this, will definitely be good at his work. So, management and manager means managing people and managing relations with them.
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Sep 16, 2012

Business Sucess: Positive Attitude and not Knowledge

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Well, positive attitude is definitely one big asset that any business person should have, because business is no definitely a matter of minutes or seconds or even days, it requires enormous patience and tons of positive attitudes, to survive and win in this business world. But knowledge has its own part to play in the success of the business. While positive attitude helps you keep the flame alive and keep going, knowledge helps in doing things, and getting results.

Knowledge is very mush essential in running a business, and to keep a track of the things. You may have all the positive attitude in the world, but, if you lack knowledge. You need to depend on others for the show to be run, or a decision to be made, for what not? For each and every thing you are dependent, you will no more be independent. So, knowledge regarding beach and everything of the business is very much essential.

In fact, from the moment you plan to start the business, the idea itself, and for it to become reality you should have knowledge. To make a decision, as to what business would be best for you, what are your capabilities, what you need to do , how you need to do, each and every thing in business is dependent on how much knowledge you have. Knowledge is definitely one thing that is required, to start a business, to run the business, and to make a mark of your own, in the business world.

In business, knowledge is everything, if you want to make know, about market you need to have knowledge, you want to assess your employees performance, you need to have knowledge, you want to think of future developments and to invent you need to have knowledge, knowledge to thing about the future trends and needs. But, given all the knowledge in the world, and you have a negative attitude, you will be doomed to failure, in no time, because a negative mind can hear no good, can see no good and do no good. So, positive attitude is definitely the ultimate factor responsible for success in business.
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Jul 20, 2012

Lift Others – Lift Yourself

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There are a few principles, that successful people always follow that differentiates them from the rest of the people, and one of them, is to encourage and help people progress in their life, let it be in personal life or professional life. Most of us are busy worried about our own progress, in personal and professional life, and we don’t think it to be necessary to lift other people who are struggling their way up.

You may be at any level of the organizational hierarchy, but still you have a role to play when it comes to lifting others. You may be working under someone, and someone may be reporting to you, but still you are dealing with people all the time. Most of the times we spend time criticizing others, but rarely do we feel the necessity to lift and encourage others. But, if you want to grow as a person, professionally and organization wise, it is very important for you to take care and contribute towards the growth of the employees or your peers.

Always encourage people through your words and deeds, to improve themselves professionally or otherwise give them the guidance, to your level best, as to what they can do to make themselves better. When you discourage someone with your words or deeds and feel jealous about his or her progress, please remember that the harm you are doing to yourself is more than the harm you are doing to them. Life’s law is simple, you get back what you give to others, you give encouragement and you receive it, you help others on their way up, you will get your share of help, when you need it.

You may think, may be I will help people when I am in a better position, but remember, in spite of your position when you have this thought of lifting others and developing others, the sooner you adapt this thought, the sooner you will climb up our ladder of success. So lift others and get lifted, because it is the way life’s principle works.
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Mar 3, 2012

Being healthy is more important than flaunting six packs

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Of late, our country has got obsessed with six-pack abs (the prominent rectus abdominis muscle). From youngsters who are barely in their teens to middle-aged men who are in their late 40s or 50s, everyone wants to flaunt a six-pack, washboard abdomen all thanks to the entertainment industry and electronic media. Movies, which are one of the biggest sources of entertainment, are compounding this obsession.

In fact, it would not be wrong to say that movies are the source of this obsession that has hit both the young and old alike. And, when it is so viral in the movies, how can the TV lie behind? So, now, wake up to the TV soaps having protagonists who are slim, trim, and flaunt six-pack abs!!! Well, while it is good for the society when the entertainment industry promotes health consciousness, it is also of paramount importance that the viewers are sensible enough.

six pac abs
One needs to understand where to draw the line, where to control the obsession, and how to set goals that are realistic and achievable. When a superstar in his mid-40s or an yesteryear’s star in his late 50s flaunt that six-pack look, we all think to ourselves if they could do it, then why cannot we? Advertisements or commercials show women drooling over models with six-pack abs and even children pressurizing their parents to lose weight and be slim and trim. We are all under pressure to give in to this obsession either by our partners, spouses, peers, parents, or even our own children!

After struggling for some time trying to be content with our appearances, sooner or later we end up giving in to this obsession. So, now, here we are at the gym doing abdominal crunches, dieting, running, cycling, starving and what not!

But, as most of us would agree, one needs to realize that it is more important to be healthy and fit rather than appearing sick and exhausted though flaunting a six-pack ab. We all remember how the above mentioned actors in their 40s and 50s looked sickly when they lost tons of weight and flaunted their six-pack abs.

Of course, one needs to be fit, cut excess weight, and be able to enjoy life like other physically fit people do, but at the same time it is equally important to appear healthy. We need to identify our body types and set realistic, achievable goals. You cannot make Arnold Schwarzeneger out of a Bruce Lee and vice versa.

Though both flaunt six-pack abs, they both have entirely different kind of body types and their six-packs too appear entirely different. While some of us might prefer Bruce Lee’s six-pack abs over that of Arnold’s, others might prefer the other way round. Back home, we have an actor with eight-packs in his mid-40s! Anyway, enough of six and eight-packs. Lets be more realistic and see how we can remain fit and healthy.

All of us can come up with myriad of excuses for not being fit. We need to understand that these are excuses and mere excuses alone. If we want to be fit, we can definitely spare at least 20 mins (big deal? I do not think so) a day out of our so called busy like a bee 24 hours a day schedule. Research shows that just going for a brisk walk or a jog for 20 minutes a day helps one to lose weight and remain fit. But, aside from this 20-minute, there are so many other things that one has to do to achieve desired results.

DIET. This is more or less the biggest culprit for gaining excess weight and adversely affecting our overall health. A diet rich in fat combined with a sedentary lifestyle (which most of us have today thanks to our jobs and gazettes) would show us the way towards obesity and other illnesses sooner than later. When we do not burn the fat from our diet, it has no other way but to get stored in our bodies resulting in weight gain. To prevent this, we need to know and avoid food items rich in fat. For example, chicken and fish contain less fat than red meat; so, obviously, thumbs up for chicken and fish and down for red meat! The other important factor is to divide our meals into small fractions.

Instead of having 2/3 large meals a day, we need to divide it into 5/6 small meals. This way, one would avoid remaining hungry and then eating large portions before going to bed that would not be used but only be stored in the body. Someone has very correctly quoted as “breakfast like a monarch, lunch like a king, and dinner like a commoner.” Since breakfast is the first meal of the day, one should try and have only the best and nothing else during this session.

Lunch should be lighter and dinner the lightest since we rest after dinner. For people working night shifts, this should be modified or changed. The basic idea here is to remain active after our largest portion of the day/night and having the lightest when we rest. We need to keep ourselves adequately hydrated. In my opinion, having a glass of water before our meal would restrict our portion intake. And, whenever we have a hunger pang, we need to make sure that we are patient and have a healthy fruit or snack rather than binging on to something high in fat.

This transformation from being addicted to high-fat foods to healthier options might be difficult and might seem tasteless in the beginning, but one would get used to it after a period of time. You want something; you have to pay a price for it! Similarly, for good health’s sake, one has to give up on his bad, though tasty, high fat-containing diet for healthier alternatives.

PHYSICAL EXERCISE: There is no go but to do some kind of physical exercise if one wants to lose weight and keep healthy. If we can join a gym or manage to go for a brisk walk or jog, there would not be anything better than this. If we are real busy and have no time to go to the gym, the least we can do is to somehow get at least 15-20 minutes out of our busy schedule and go for a brisk walk or jog or a swim.

To lose weight, there is nothing better than doing cardiovascular exercises like walking, jogging, running, swimming, cycling, skipping etc. Someway or the other, we need to take some time out and indulge in some form of physical exercise.

BEING PHYSICALLY ACTIVE: The least one can do apart from healthy dieting or doing some form of physical exercise is to be physically active. Instead of using the lift, we should use the stairs. We should use our feet instead of our two-wheelers or four wheelers for even the slightest of distance! Our forefathers did not have the luxury to have vehicles and gazettes that we use today. They used their feet to travel and their hands for any kind of work. The reason they were all fit was because they were all physically very active. While we cannot act the same way our forefathers did, we can at least do some of the things that are feasible. We can even start playing a sport that would give us a good workout.


Even playing with our children would help us getting some amount of cardiovascular exercise! Gardening and other house chores involving our hands and feet would help us too! The basic idea here is to keep our whole body occupied and not being a couch potato.

These are just a few ways to remain healthy and fit. Six-pack is a different ball game altogether. Once we lose weight and start feeling fit, active, and energetic six-pack can follow. So, please let us not be obsessed with six-packs but instead concentrate on our overall health and fitness first, and six-pack would knock on our doors once we are fit. Till then: “knock-knock! Knock-knock! Who is that? Six-packs. Please wait a while for me to be fit and healthy!!!”
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Mar 26, 2010

Top 10 Home Based Business Ideas for Everyone

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Business News Network, (BNN, India) Services

The advanced internet technology is not only bless for the professional but also for those want to have their share of revenue - working from home. The days are gone - one need to be in constant position or location to have handsome income. The proper use of the internet will give you the independence to you movements too. Here we have listed top 10 home based business ideas - those everyone can follow and achieve the revenue they have been always wanted to.

1. Blogging : Blogging or writing blog is always the best way to keep yourself busy at home. Its another the best idea to keep you through flow into your blog. No matter who you are and your profession, blog writing is a practice like jotting down you own experience and thoughts on you personal diary. You can earn good amount of revenue from blogs, provided you are confidence with the approach and knowledge on how to get.

2. Natural Health Store Online : Online marketing will enable to you to get the best revenue that you can. But you need to have the best and proper approach over it. By setting up an online health store one can get the income their desires to have.

3. Ebay Business : One can earn good income through this business idea. However, sound knowledge in the internet/online business is prerequisite for any online business. Ebay, may be the best option for the people those want to try their luck from home.

4. Online Tutor : If your a teacher or tutor and reluctant to move to various places and classes to teach, then the internet will bring the world at your desktop or laptop. One can access to the sites, those are requiring personnel as online tutors. By spending few time in a day or best fixed schedule one can earn good income, provided having sound knowledge in subjects they are going to teach.

5. Affiliate Marketing : Its the most effective and core business of late. Affiliate marketing will give you the best and you need to have more sound knowledge about it. In internet market, these sort of programs can avail you plenty of opportunities. Those programs can be useful for the persons those can devote their some time in understanding theme and process.

6. Currency Trading Online : If you have sound knowledge about the forex and stocks, the currency trading online is the best option to work from home. For this you need very limited resources and all that depends on how you determine your action.

7. Author Books : Authoring a book is the best thing one can do from home. This will stratify the desire to be writers and also avail them good amount of review for their writing skills. Good research on the topic and published is the task has to be taken care of.

8. Management Consulting : Providing consulting services are always highly recommended by various companies. If you have expertise in some field the companies many take up for the management consulting services. For this the best qualification, expertize in the service and perfect approach are needed to get best from this service in terms of revenue.

9. Virtual Assistant : Persons those want to explore their opportunities in work-from-home, then virtual assisting is another best option for them. Virtual office is the best aspect in the internet marketing that can lead the world in the days to come. By offering virtual assistant services one can get good revenue from this sort of business.

10. Technical Writing : Last but not least, technical writing is another best way to generate good income from this work-from-home business. However, most of the companies have position of technical writers, those and specify their product details. This opportunity will work if you have prior knowledge and experience in this arena.

There are hundreds and thousands of business tips for those want to work from home, but the success depends on their consistent effort, planning and execution.
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