Monday, March 11, 2013
Best Business to start in 2013.
On your behalf I have been surfing the Youtube a bit and found this nice video. It might help you with an idea of what to do when starting your home business. I give it thumbs up!
Tuesday, March 5, 2013
Top 10 Business Books of 2012
1. Nine Minutes on Monday
By James Robbins
(McGraw-Hill)
Mr. Robbins outlines nine core needs people hold, and then sets out nine questions to ask yourself every Monday morning that will reveal ways you can help your staff meet those needs in the coming week. The questions include: Whom will I give feedback to this week; whom will I reward or recognize this week; how can I promote a feeling of autonomy in one employee this week; and how can I help someone grow this week?
2. The Four Disciplines of Execution
By Chris McChesney, Sean Covey, and Jim Huling
(Free Press)
Three FranklinCovey consultants report on the success they had with their four-step process for managing the behavioural changes in staff that allows change to occur. Focusing on the most vital aspect of the change is crucial, along with creating a cadence of accountability so that the change effort doesn’t get sidetracked by the whirlwind. That’s highlighted by holding a single, un-cancellable weekly meeting, in which everyone reports on how they fared in the past week on commitments they made toward the change effort and what they will do next week.
3. Understanding Michael Porter
By Joan Magretta
(Harvard Business School Press)
Harvard Professor Michael Porter is the most widely cited strategy guru, but his ideas are often misunderstood or only partially comprehended because of their complexity. In this book, Ms. Magretta, who worked with him, presents a surprisingly clear summary of his work, making matters such as competitive advantage and “five forces” theory easier to understand and apply properly.
4. How to be Exceptional
By John Zenger, Joseph Folkman, Robert Sherwin Jr. and Barbara Steel
(McGraw-Hill)
Four consultants offer compelling evidence for focusing on your strengths rather than weaknesses (except when the weakness can prove to be a fatal flaw) and then explain how to work effectively on your strengths, a course of action which is not necessarily obvious.
5. So Good They Can’t Ignore You
By Cal Newport
(Business Plus)
The blogger and assistant professor of computing science at Georgetown University, writing in the research-and-anecdote style of popular writer Malcolm Gladwell, successfully challenges the myth that the key to success is to follow your passion. Instead he offers four linked, alternative rules, including becoming a craftsman so adept at what you do that people can’t ignore you.
6. Talk, Inc.
By Boris Groysberg and Michael Slind
(Harvard Business Review Press)
The authors, a Harvard professor and communications professional, studied communications in modern organizations and found the top-down style has been replaced by two-way conversations between leaders and the troops. Even written communications, such as a CEO’s blog, can no longer be impersonal and directive but instead must be personal and more conversational. They also explain four elements that can help you be effective with this new approach.
7. The Advantage
By Patrick Lencioni
(Jossey-Bass)
The masterful writer of business fables switches to a straight ahead, non-fiction approach, bringing together his many practical ideas under the rubric of making your organization smart and healthy. You probably have heard some of his ideas before, but it’s refreshing to see them stitched together in one intelligent leadership manual. I have read all his books and found this a helpful summary, with additional ideas to ponder.
8. Who’s in the Room?
By Bob Frisch
(Jossey-Bass)
The Massachusetts-based consultant debunks the notion that top corporate decisions are made by the senior executive team, and shows how it’s usually a small “kitchen cabinet” team of advisers with the CEO who thrash through the possibilities and come to key conclusions. He argues that this is an effective system, and sets out some ideas for CEOs to more profitably utilize their senior teams and other decision-making teams.
9. The Primes
By Chris McGoff
(John Wiley)
This quirky offering by a Washington, D.C., consultant sets out 46 practical and provocative rules for effective management that don’t add up to a leadership system but certainly get you thinking. It’s sweet reading, with short chapters and powerful graphics making the ideas clear.
10. Hannibal and Me
By Andreas Kluth
(Riverhead)
This extended essay by an Economist writer uses the story of Hannibal as a leaping off point to explore the trajectory of our careers and life. It’s an absorbing, well-written, insightful journey into the past that makes today clearer.
Note: If you click on each book title it will take you to Harvey Schachter's review of that particular book whom I thank for the job he did.
Thursday, February 28, 2013
Courier Delivery Services
Courier Delivery has been the pulse of communication since time
immemorial. Even though the internet has taken up the bulk of mail
communication process, courier still plays an active role when it comes
to delivering tangible goods around the world with reliability and
express speed that only courier companies can provide.
The process of courier is quite complicated and requires several components within the company to perform flawlessly and reliably. Right from the point of pick-up till the delivery, an item passes through several processes that are known only to those inside the business and which hardly matter to the end users. All that matters is the end delivery and peace of mind.
What to Look For In a Courier Service Provider?
Once you decide to use a courier service you have to ensure that you know what options are available and what not. First and the most obvious is the presence of the courier company at the other end. Mostly, smaller companies have collaborations with larger ones to deliver items. However this is not always reliable. A company with a dedicated team of professionals handling the entire process independently is a much better one.
Second comes the pricing. Tariffs vary across companies, make sure that as a customer you look for all available alternatives that provide the speed and reliability at a cheap price. Never choose a costlier one when you can have the same from a more economical courier delivery company.
Then comes the ease of pick up and drop. Most courier companies have local presence in the form of depots and pick up points; the best among them also provide pick up right from your doorstep if you choose. At the other end, the recipient should not be inconvenienced for the sake of delivery. He or she needs to be intimated well ahead about the time of delivery so that he or she can make the necessary arrangements to be present at the time of time of delivery. This commitment and care can be expected only from the best.
What Are The Tariffs?
As already mentioned, this aspect is variable and you as a customer should do your research to know about the cheapest available. Talk to your friends and neighbours if you are completely new to this. Most companies will be happy to revert to your queries regarding price options. You could also visit their websites and get a good idea about the several schemes on offer. Requesting a quote can be very helpful in getting the clear picture of the process.
Finally, if you are availing any of the internet related service, whether it be payment or delivery make sure that the company is accredited and authentic.
Tuesday, February 26, 2013
Essentials Of Wholesale Dropshipping Business
With the proliferation of World Wide Web, the spectrum and method of
doing wholesale business has changed drastically over the past few
decades. You can now start doing business without having to pre-purchase
or stock any goods. All that needs to be done is to merely list
products along with descriptions and graphics on the website of a B2B
trade portal.
The secret of success lies in finding the right portal that has built its name and is well-known throughout the world of business for its extensive coverage of buyers and sellers. It would also be necessary to display the products of the wholesale business in an attractive manner with all pertinent information, prices, terms of business and graphics.
Basics of Wholesale Dropshipping Business
The essence of Dropshipping business is that you have to do some research and find products that would have a ready market and then find reliable dropshipping suppliers who would supply the goods against your orders promptly and without any complaints from your clients. You can only succeed if you can find saleable products and the relevant suppliers who will not let you down. Having done this exercise and having selected the right online trade portal, the products should be listed on that website in a proper manner.
You can then pass on the orders that are received, to the wholesale suppliers and ensure that the shipment is made on time. The website listing your products will receive the payment from the customer and will pass on the same to you after adjusting its charges. The payment to the wholesale supplier can be made thereafter.
Fighting Competition
It is obvious that since this business appears to be so simple, many people will be in the fray to capture the market. Competition will be fierce and you will have to find innovative means to fight the same for survival. The following tips will help in being successful in combating your competitors.
- The more attractive and informative your description of the product, the greater will be the possibility of impulsive purchases. It is essential that the information provided by you is persuasively descriptive.
- The description should be accompanied with attractive graphics and good quality photos of the products in actual use. It would also be a good idea to provide comparisons with other similar products. This will enable the visitor to the site to compare different products and make up his mind while he is still hooked on to your site. This will also prevent him from browsing and visiting other sites and ultimately it will improve your chances of getting the business.
- Offering a bonus with the product will prove to be very effective. The bonus could be in the form of reports containing interesting information and tips regarding use of the product.
- Once your client enters his credit card information and before the deal is closed, other products can also be recommended. If the wholesale order is for an electronic item, you can recommend related accessories.
Finding Good Wholesale Dropshipping Suppliers
If a reseller wants to have a smooth and profitable business operation, the most important thing is to find a good dropshipper. He will have no problems or hassles regarding delivery of goods, recovery of payments, and maintaining good quality of the products in line with what has been shown to the customer when the order was finalized. A drop-shipping list can provide names, addresses and telephone numbers of hundreds of companies but most of the time, these lists are outdated. As such, it is better to register with a website that has lists of itemized suppliers and make a choice. You can also become a member of wholesalers forums which will make it possible to get useful information by way of other peoples experiences and recommendations regarding reliable suppliers.
Wholesale dropship directories can also be consulted.
Wholesale dropship business can be profitable if proper research and homework is done in the beginning to find the right product and the right wholesale supplier.
Friday, February 22, 2013
Brand Attractiveness
What
makes a brand successful?There are brand products that are extremely successful. In the meantime, whole categories of products were named after some brands. They can sometimes even feel irreplaceable.
'Persil is an attractive brand. When you think of Persil, first thing that comes to mind is the color white and cleanliness but also reliability. There was a slogan used for Persil for decades: You know what to expect. That was a good slogan.', said editor-in-chief of a German magazine 'Advertising and Sales' Jochen Kalka.
Persil is among Germany's most popular brands. More than 80 percent of consumers spontaneously say it's name when asked about washing powder. This Henkel product has been on the market for 100 years and has had a crystal clean image. It perfectly follows all product labeling rules.
Three commandments
Three product labeling rules are: selling ability, prominence and the most important - brand attractiveness. Each advertisement has to carefully present brand attractiveness to the potential costumer.' If you choose to ignore one of these rules, your brand could loose a big portion of it's positive image. The best example is Benetton. This fashion company wanted to gain popularity in the eighties no matter what. They managed to do so but they had not sold more sweaters on that account', said Jochen Kalka.
'Benetton is a great example of how fast and with the help of aggressive advertising you can make your brand popular. Benetton only managed to shock people and forgot a crucial part - attractiveness. The way they depicted AIDS patients or ducks covered in oil was a bit too aggressive. Benetton wanted to catch everybody's attention for whatever cost. But if you do not include attractiveness, your product could be in serious trouble'.
Who still believes McDonald's is healthy?
Another threat this marketing expert detected are the new advertisements which appeal to consumer's sore conscience. Lufthansa has, for example, calculated the amount of carbon dioxide emissions in their planes. There are also green cars. Another example would be McDonald's where a person could read about the nutritive ingredients in their hamburgers.
These 'sore conscience adds' conflict with the present brand image and do not correspond with reality, Kalka said. Because who goes to McDonald's for a healthy meal? However there are also positive examples. Like BMW's Mini as one of them. Or Mercedes. Jochen Kalka thinks marketing experts were successful in sending the intended message. Suddenly, even the cars which overturned during trial runs became attractive as well.
Mercedes A-class overturned during the trial run when it came across a curious reindeer. Mercedes acted provocatively and hired Boris Becker to send the message that everyone makes mistakes. It worked. Everyone forgave the fact that their car overturned. When you make a mistake, the easiest way is to admit it. That is also the smartest thing to do.
Wednesday, February 20, 2013
Accelerate the Growth of Your Business With Online Surveys by Robert Jones
If you think that the success of a business organization only depends on the service you give to your customers, you are completely travelling on a wrong path. It is true that you have to give the best service to live up to the expectations of the customers but it is not entirely true. Apart from the service, the business organization must take into consideration the desires of the customers which would help them to spread their business and earn name in the market. It must be the duty of the organization to have an elaborate knowledge about their products, which products satisfy the customers, which product or, service they should stop etc. On the whole they should prioritize their customers and go according to their needs. This will increase the customer loyalty which in turn has a beneficial role to play from the financial standpoint of the organization. But it is important to know how to tackle such situation and have detailed information about these things. Online surveys will lead you to your destination in this case. With the arrival of internet the surveys has transformed and from manual it has become internet oriented. As a result of this revolution the process has become more faster and the business organizations through the online surveys have become able to reach to a greater number of people than earlier. It is not possible today for any company to be connected individually with their customer. So, a system was needed which could connect them to a large number of people at a time and online surveys have given this facility. Herein lies its primary importance.
Beneficial Aspect of Online Survey
The surveys are conducted in the aim of getting detailed information about the state of the market and the needs of the customers. So, in a nut shell, the most beneficial side of online survey is giving you feedback according to which the organization can set its future plan. The process of manual survey earlier needed a vigorous paper work which is a very tedious job. So the results came out with a lot of delay. But with online survey it has become far easier to get the outcome within a very short span of time. It is one of the reasons that why the online survey has achieved such a vast popularity in recent times.
Appropriate Places
The modern age is the age of progress. The arrival of internet has made every single task easy saving a large time. It can help you in your search for the places where you find the providers of online survey. With the help of various search engines you can reach to a large number of the service providers. The benefit of this system is that it will also help you to compare the costs of different service providers before your hiring of the service for your organization.
Benefits
The chief benefit of the system is that the process of online survey is very affordable and cost effective. You do not need any special kind of hardware or, software in the computer. Just you have to connect yourself through internet with the suitable persons who provide the service.
This way, the online surveys help your business to grow and expand. Besides those points mentioned earlier, it has to be marked out that the greatest benefit of it is its accessibility from anywhere of the world. Thus, the online surveys guide your organization to a greater future.
Robert Jones is a popular author writing articles on Online Survey and related topics. He contributes for the website Iresearch.com.
Tuesday, February 19, 2013
TOP 7 Tech Companies in 2012
The popular photo sharing app had one of the best exits this year. The company got taken over by Facebook for a bit shy of $1billion in cash and stock. The company set download
record when released to the Android market with over 100
million loyal users by September 2012. And all of that with practically no marketing budget.The company was launched in October 2010 by Kevin Systrom and Mike Krieger. By December 2010, Instagram had 1 million registered users and in June 2011. Instagram announced it had 5 million users. It passed ten million in September of the same year.
Airbnb
The website lets people with extra space rent it out to travelers. The company has a simple pricing model where it takes a 6% to 12% fee from the guest and a 3% fee from the host.The site was founded in August 2008 by Nathan Blecharczyk, Brian Chesky and Joe Gebbia. In July 2012, the company had over 200,000 listings in more than 26,000 cities and present in 192 countries with over 1,000,000 hosts and travellers on its platform.
In 2012. it has been unofficially evaluated atover $2.5 billion when news of Peter Thiel potentially investing got out.
Github
GitHub is a social coding startup that lets developers share code and
offering hosting for projects. GitHub offers both paid plans for
private repositories, and free accounts for open source projects.GitHub Inc. was founded in 2008 and is based in San Francisco. During the first year GitHub was online, it accumulated 46,000 public repositories. At that time, about 6,200 repositories had been forked at least once and 4,600 merged. On 19 December 2012, GitHub announced it had over 2.8 million users hosting over 4.6 million repositories
The company has over 2 million users that have used its service and over $99 million in venture funding.
Fab.com
This online retail site handpicks its merchandise, letting shoppers
look for items that are a little more unique than mass-market stores. It
is the world’s fastest growing e-commerce site, having grown from 175,000 members at launch in June 2011, to over 10 million as of December 2012.Fab was founded in February 2010 by CEO Jason Goldberg and Chief Design Officer Bradford Shellhammer.This year the company was able to raise over $100 million in venture funding.
Square Inc.
Square allows individuals and businesses to accept credit card payments
on mobile phones, by using either a plug-in device or entering the
card’s details on the phone. Square charges a fee of 2.75% on every
credit card transaction.Uber
Uber is a company from San Francisco that made calling a car easy. A luxury town car experience is only a click away on the
Uber app. All charges go directly to credit cards without cash or
additional paperwork needed.The company was founded in 2009 by Garrett Camp and Travis Kalanick. Their pricing method is similar to typical taxi pricing - either on a time or distance basis.
They got almost $50 million in venture funding.
ZocDoc
ZocDoc helps people schedule doctor appointments online and has been expanding quickly, attracting lots of capital to reach $95 million in funding, and adding killer new features like ZocDoc Check-In.
The release to the public was back in 2007 during the TechCrunch40 conference. Initially they provided service only on Manhattan where over 2 million people used it. Now they cover almost 40% of the US population.
In September 2012, the company announced the closing of their Series C round of funding from Goldman Sachs, bringing the total round to $75 million. Before this last round, the company had a valuation of $700 million.

