FINAL DESIGN FOR TOTE BAG PROJECT
FINAL DESIGN FOR TOTE BAG PROJECT
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PROS AND CONS OF BEING AN ENTREPRENEUR
PROS AND CONS OF BEING AN ENTREPRENEUR Entrepreneurship comes with its share of ups and downs. The most obvious advantage is the opportunity to be your own boss. Being in charge and making the important decisions regarding your business can be fulfilling, but it can also be challenging. Here are more thoughts on the pros and cons that come with being a small business owner:
WORDS OF ENCOURAGEMENT TO BE A SUCCESSFUL ENTREPRENEUR.
WORDS OF ENCOURAGEMENT TO BE A SUCCESSFUL ENTREPRENEUR.
The 3 major limitations to entrepreneurship development
The 3 major limitations to entrepreneurship development In our previous blog we matched the topic of unemployment and how entrepreneurship can help solve youth unemployment. Now I guess the point was pretty clear and it seemed pretty obvious that entrepreneurship helps solve this issue. So now that we answered that question, today I want to share with you readers my two cents on why it is so important to help these youngsters go out and acquire the basic competencies, as well as give these youngsters an environment and platform to be able to develop. I believe there are 3 main limitations to the development of successful business startups.The goal of this blog is to describe them and eventually open up to the solutions we can provide to them. 1- Lack of basic skills. I mean think about it, if you want to start a business you need certain skills to be able to run it successful. Now the main challenge is that traditional education does not teach us these skills. Whether it’...
Entrepreneurial management style changes as a business grows
To maintain strong communications throughout your company and to counteract the impact of this inevitable filtering, I recommend the following five tactics: 1. Be a walk-around executive. Spend part of each day walking through a different part of the business. Ask questions like, "What things are going well?" and "What areas could we improve?" Be sure you listen carefully to the answers because you will uncover a wealth of information that had been previously filtered. Be sure to let your supervisors know you will be doing this with all areas of the business so they won't see this activity as a threat. 2. When you have new directives or changes to business policy, call a companywide meeting and personally explain the change and the reasons for the change. Then ask your employees to fully support the change, clarifying what it will achieve for the business. 3. Schedule periodic employee lunches. Select several employees at random from diff...
Why Social Media Is Important for Business Marketing
Why Social Media Is Important for Business Marketing Build Awareness If people don’t know about your business, they can’t become your customers. Social media boosts your visibility among potential customers, letting you reach a wide audience by using a large amount of time and effort. And it’s free to create a business profile on all the major social networks, so you have nothing to lose. Define what you want to get out of social media to develop a social media strategy . Do you want new customers to discover your services? Do you hope to bring more local shoppers into your stores? By keeping your strategy specific, you can determine which social media channels are the best fit for your business. COMMUNICATE AUTHORITY Customers are increasingly savvier and more discerning about which businesses they support. Before making a decision, they’ll do a quick search to browse your website and social media. Will they find an empty storefront or a rich source of informati...
BUSINESS PLAN
A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it. If you jot down a paragraph on the back of an envelope describing your business strategy, you've written a plan, or at least the germ of one. Business plans are inherently strategic. You start here, today, with certain resources and abilities. And you want to get to there, a point in the future (usually three to five years out), at which time your business will have a different set of resources and abilities as well as greater profitability and increased assets. Your plan shows how you will get from here to there.
CAREER ADVANCEMENT
Career advancement is one of the most important elements for employee satisfaction and retention at a company. According to Victor Lipman of Forbes, clear opportunities for career advancement are an “especially powerful” employee motivator. 1. Build your Dream It is very important to think about your dream and the vision for your own life and career. You need to think of it as a whole. You cannot distinguish between your personal and your professional life. You only have one life and you need to define your goals and ambitions. These may change over time and that’s perfectly fine. But without goals nothing can be achieved. Put in writing your mission, vision and goals. If you write something down, there is a 100 -percent chance that it will get done. Write your personal mission statement, and if necessary, write a "stop-doing" list. Set three goals: the secret to getting on top of time management is setting three goals set three goals for the year, the quarter, the...
SUCCESSFUL ENTREPRENEUR IN MALAYSIA
SUCCESSFUL ENTREPRENEUR IN MALAYSIA SITI NURHALIZA BT TARUDIN A prestige beauty product created by the Malaysia’s No. 1 celebrity and beauty icon, Dato’ Siti Nurhaliza, who participated in business cosmetic industry since March 2010. The cosmetics product is known as SimplySiti. The cosmetics are produced in Korea and with the help of well-known local entrepreneurship, Datuk Seri Mohammad Khalid Jiwa as she ventured into the cosmetics industry after two years of research with AC Nielsen to study the market and targeted customers. AC Nielsen is a global marketing research firm which located in New York City, United States of America. The main objective of the research of this young beautiful entrepreneur, Dato’ Siti Nurhaliza is to give the required information about the products demand and buyer perception as SimplySiti has been certified as Halal by the Department of Islamic Development Malaysia before the products being released into the market. These products receive...
ENTREPRENEURS ETHIC
ENTREPRENUER ETHICS v Business owner must disclose factual information of of the nature of business v Business owner must be honest and sincere to gain the trust of the potential and existing customers v Business owner must ensure the product that sold is of high quality v There must be a healthy competitive environment among competitors within the industry v Business owners must not copy or plagiarize the competitors unless with consent. There must always be a code of good conduct within the industry.
COMMUNICATION IN BUSINESS
According to online sales owners, the closing rate for business prospects is around 10% - 20% To gain trust from customers, communication should not be too general or template based. It requires human elements A good salesman should know how to manage the prospect during conversation and to convert the prospect into a customer
