Thursday, July 28, 2011
4Shared: Goal Setting Template
Google docs: Goal Setting Template
Thursday, July 14, 2011
Lay down your tools for a moment and think clearly: who is it that reapth abundant benefits - he that slogs day and night and later fritters his humble wages because of his circumstances or he who is wise to master his cirscumstances and after a little effort employs the gained resources to work for him? In short, the master or the slave? Remember, your life should express itself. That is what gives happiness and eternal glory. We sorridly fail to acknowledge the fact that there is abundance. This failure is the cause to limitations and slavery of all kinds. He who understands it has the universal subconscious at his command.
Thursday, February 24, 2011
You have millions of options. Perhaps, that is the most frightening part of it. Battered, desperate and having no one to guide you, you feel - how simple it is to be shepherded.
Tuesday, February 15, 2011
After doing an extensive analysis of the key elements for starting up a successful business from scratch, I had jotted down several points that could help me in making decisions while starting my business. Then I just felt it would be a nice idea to share the key points with everyone and also I could get some more insight about running a start up from the readers. Here are the key things to consider before you decide to start your business from scratch:
1. Start from your cupboard
If you are not starting from scratch, chances are you are heading for disaster.
2. Focus on a niche
Don’t try to be everything for everyone neither should you try to enter a saturated market. Target a specific market with needs which may not be met. This can be instrumental in helping you become market dominant in future. Better to be a market leader in a small business segment, than being a small player in a big business segment (who knows when you’ll get wiped out of competition).
3. Think of a business which can scale big (think big)
It should offer you enough scope for future growth.
4. Assess the existing players
Take a look at existing players. Find out their way of doing business. Try to find a segment of the market that is under served. Evaluate how your or your team’s skills and resources together can provide a better product / service.
5. Assess the investment / operational capital needed
Start with what funds you have and what additional investment you can put in to make the initial profits. Don’t use Other People’s Money (OPM). You can self-finance your business through your credit card or personal loan. Don’t go to the Venture Capitalist until your business has achieved solid revenues. The chances that a VC will fund your start up are one in hundred. A business which has established itself as a profitable one adds credibility when making the pitch, in future.
6. Find the right people
Don’t go it alone. Business is about people. Recruit the right team. Neither should you go for a partner unless his/her skills can really complement yours.
7. So you need a business plan
A Business Plan Doubles Your Chances for Success, Says a New Survey.
8. Be Target Oriented
Rather than letting your business take a random course over time, set specific, mesurable targets and work towards them. Setting specific targets helps you focus your energies effectively and thus get better results. Chances are, you’ll exceed your targets almost every time. Stay informed about the latest developments in the industry and government / regulatory body’s policies and incentives.
9. Be Unique
Differentiating your business from the crowd adds uniqueness and value to your brand. IBM and HP are two gigantic competing companies, but you’ll see in what ways they differ if you take a close look at their operations. Both have their own defined value propositions in selling their products and services which appeal to prospective clients who have different types of needs.
10. Make profit from day one
There is probably no better way to keep yourself motivated. If you can afford it, put every penny back into the business.
There is nothing like a wise move. If you can beat competition through strategic moves, you can stay on as the market leader with very little effort.
A business should have gradual growth. It can't bump from somewhere small to a big-time position in the market. Irregular growth pattern might signify rash decision making which can prove dangerous over time. So be patient until it reaches the peak level from where it'll start to look great. In short, wait till the inflection point.
13. Have an exit strategy
Though it might be a business which you’ve given your life and soul to, having an alternate business plan and an exit strategy is essential. Successful entrepreneurs do not essentially stay with their start up for the entire span of the business. Exiting at the right time can prove highly profitable or help avoid losses. An exit can happen in the form of selling or merger. It gives you incentive to get started with your next Big venture!
Friday, January 28, 2011
We speak of good and evil, but Good is a reality, something tangible, while Evil is found to be simply a negative condition, the absence of Good.
Some seek refuge in God - that Almighty who is omnipotent, omnipresent and omniscient. That God who is sought out to be the saviour of all lives has every power, is present everywhere and knows everything - But what is all that this God effectuated in these millions of lives who face hurdles in every attemp to achieve things in their lives. Well, I should say, you have had your lessons. You have learnt to seek better things, to better your ways. In all the course of life, as you continue to seek good things and success, the Almighty is everything but present as a distant person who will save you 'sometime'. But for all other times, what lessons you've had in your journey, the pushing inner self which tells you to hang on and the determination to pursue that destiny, is God.
Friday, January 14, 2011
- Read, be an ardent reader. Write if possible.
- Network with people.. Avoid getting personal unless necessary.
- Never miss an opportunity to develop a good habit.
- Money is expendable.
- Human self is powered by a limitless subconscious mind. Acknowledge qualities which explore the treasure house in you.
Wednesday, January 5, 2011
Some noteworthy points I've learnt in the last few months....
- Love all. Hate none. Try to see the good in people.
- Be genuinely interested in people (who said ?? I'm still guessing). No asset as worthy as human network. (Think politicians, film stars)
- Loose self.
Lucky people spend an absolute minimum amount of time thinking about themselves. Instead they focus on the people around them, their current project or new opportunities. - Bob Parsons.
- Abused? criticized? Don't ever feel bad. Only the abused will abuse. There's probably no fault with you. Take constructive criticism to do things better.
- Worried? Feeling let down? Alone? You're not the only one alone. Deep inside everyone feels alone. Cheer up. Embrace values for life, everything's gonna be wonderful.
- Use what talents you possess: The woods would be very silent if no bird sang except the ones which sing best. - Henry Van Dyke
- Feel good. Think Big.