You work all your life in hope of a comfortable retirement. However, unless planned carefully, retirement can be all your nightmares coming true-your salary, the regular stream of income would dried up while expenses, such as health care and living, would have only shot up. Here are four simple keys to ensure your golden years are spent comfortably.
Every entrepreneurial venture starts with a good idea, evolves to a bunch of amazing ideas, and with any luck, ends up as a successful business.
But how do you move from that first idea to your final success?
Here are 10 steps to move your dreams into reality:
1. Define the Difference
You need to be clear about how your product is unlike other competitors.Suppose your dream involves a new type of social media that lets you create online collections of visuals that people can share. Are you talking about Pinterest? Slideshare? Instagram? You need to set yourself apart. If your idea is not clearly defined, people may have a “been there, done that” view of it.
The Greatest Business Secret in the World:
When we think of success in business, most of us think in terms of dollars, cents, statistics, facts, and figures. Yet all those measures of success are determined by the behavior of customers and the employees who serve them. Reward customers, and you’ll create and keep them. Fail to reward customers and you’re out of business. That’s the Greatest Business Secret in the World. So simple, so obvious, and so ignored.
Everybody wants to be productive, but they find themselves struggling to manage time to finish the day-to-day tasks/activities. The problems are varied and some of them are related to psychology. In the absence of time management, individuals find themselves floating, without being able to concentrate on a single task, till it gets completed. Scientology calls it, “bad control”. It creates confusion, chaos, distraction, procrastination and many other issues and you end up without being able to finish any task, at the end of the day. It is also called the butterfly mind, which keeps on wandering here and there.
Most of the customer service operations have moved from call centers to social media channels such as Facebook and Twitter. Because of the popularity of Twitter for business purposes, it becomes very important for the companies to maintain their page on Twitter and run their customer services through it. There are many customers on Twitter, who like to query and get answered on Twitter itself and there are very few people these days, who actually contact the call centers to get their queries resolved. The trend is changing. That is the reason we should take the following steps to improve our customer services through interaction on Twitter:
Starting fresh as a freelancer? You might live in the fear that slow down is around the corner and that clients are hard to come-by and that any client that comes your way is your only hope; and similar things…
That’s inexperience! Taking up random projects that do not suit your business equals to nothing. Did you ever say ‘no’ to a client yet?
When Shakespeare said, ‘Better three hours too soon, than one minute too late’ he would have never thought how easy it would get with time to manage and keep a track of it. With technological advancements, there have easier ways to track time. But we are not going to discuss what and how we can do it but, we would rather focus on the why and how it helps.
If you ever wonder why your employees are not liking it the way it is, then this one’s for you…..
You try insanely to keep them interested, pour your heart over, but there’s no positive. They are really hard to please. No wonder, it has started affecting your business as well. Now, what to do? How to please your dear workers?
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As a small business owner, you’re regularly confronted with a range of challenges. And if not handled effectively, these can run your business and even your personal life into the ground. For example, if you don’t have the time to properly assess an issue and how to resolve it, you could create an even bigger problem. This is why effectively managing your time is so important. Successful business owners know that it’s not always about how hard you work, but how smart you work.
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People around you are mostly full of ideas. Some of them even like to blurt some whenever there is a chance. Pretty often, a friend of mine comes up with new viable business ideas, but seldom does the course looks good to drag it to the market. Well, not exactly drag it, should have said ‘bring it’.
Well, apparently I walked him to his testing room where he gave me some samples of a dessert he had prepared. It was good, had potential, only if the packaging and marketing of the same wasn’t too challenging. Soon he trashed the idea and that’s where he failed.
Well, that’s the story. That is how many innovators goof up. People give up soon thinking it might not work, or might require a great deal of effort to get it up and working. It is disappointing to have the sudden idea rush, only to drop it into the bin. Usually, there are some essentials for invention and product development. Here are those: