Personal Development

Develop your own Business

Posted by on Mar 13, 2017

Develop your own Business

Employee vs Entrepreneur One question that may get ignored by many people looking to start a new career, or simply entering the job market for the first time, is whether or not they want to be an entrepreneur or an employee. In fact, most people struggle with the difference between the two because they only saw employment as the choice that was available for them. We are often encouraged to find a great job, and many of us don’t think about creating our own employment by becoming a business owner. Knowing the difference between employment and business mindset is crucial to understanding which option would work better for you as an individual, and how being an employee or a business owner can suit your own personality and goals. Have a look at the short video below. As finding a career opportunity becomes more and more challenging people are turning to becoming a Entrepreneur, and are embracing the challenges and the rewards....

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How to avoid Analysis Paralysis

Posted by on Nov 6, 2014

Getting Past Analysis Paralysis Analysis Paralysis – It’s freeze ya! Have you ever found yourself endlessly obsessing over an issue, unable to move beyond it? When dealing with a problem or potential opportunity, do you ever have dozens of seemingly unanswerable questions swirling around your brain? If so, you may be suffering from one of the most common afflictions known to the modern worker: analysis paralysis. At some point, we have all found ourselves in the crushing grip of this dreaded condition where we simply can’t make a decision no matter how much we want to get to the end zone. We convince ourselves that we don’t have all the facts, the timing isn’t quite right, something bad will happen if we take action, or we just haven’t conjured up the right solution yet. These feelings of unreadiness and unsteadiness cause us to squander precious time and lose our peace of mind. What is the root cause of this all-too-prevalent mental malaise? It is our own egos. The ego convinces us that we haven’t done enough legwork because of one reason: it doesn’t like the unknown. Imagine your ego as a person who is deathly afraid of heights. It would rather remain firmly, safely planted on the ground instead of jumping out of an airplane to experience a thrilling skydive. When you are about to embark on something new, your ego senses that change is imminent; in its panic, your ego will betray you if you allow it. It will plant all sorts of ridiculous scenarios in your head in order to keep you from acting. In your quiet moments, it will whisper in your ear that you will lose your job, home, family and livelihood if you make the “wrong” decision. It’s most fervent desire is to have you frozen in fear until the wonderful opportunity – whether it is that completed project, the fantastic promotion, your big move or the new job – passes you by. Even though the ego is a formidable foe, it is not infallible. Here are a few steps to help you move off dead center and back into action. Set the timer. Give yourself a defined period of time to finish the process of data gathering. Chances are you probably already know everything you need to know. If you like, you can bop around in your cerebral spin cycle for a few more days and pick up those last bits of information. However, it is important to accept the fact that there will always be unknown factors; you will never have all of the data about a particular subject. When you come to terms with the inevitable unknown, you can then make a decision based on what you know today. Listen to your gut. What does your instinct tell you to do? What option brings you the most satisfaction and joy? What feels right? When your fear is no longer driving the decision-making process, you can trust the guidance you receive from your intuition. It is the most talented business analyst you’ll ever have at your disposal. Ask for a second opinion. Now that you have an idea about what you want to do, run your arguments past an impartial judge such as a trusted friend or colleague. Make sure you don’t choose someone who is vested in a particular outcome or who will tell you only what you want to hear. Present your cases as if you are in front of the Supreme Court; make them clear, succinct and convincing. Encourage your friend to ask you questions in order to solidify his...

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4 Myths About Credit Cards

Posted by on Jul 12, 2014

Consumer Debt – Credit Cards | Flexible Friend or Foe? There are millions of active Visa, MasterCard and American Express credit cards in circulation across Canada. You many even have one or two in your wallet, as the credit card has become the instrument of choice for many Canadian consumers. However for some, the costs associated with using their credit card can lead them to a troubled financial future. Understanding the fine print in the cardholder agreement can save money now and offset future difficulties. The first rule of credit card use – check your cardholder agreement for details. Tip #1 – Minimum Payment Myth Did you know…if you only make the minimum payment on your account, depending on how much you owe, it could take longer than your lifetime to pay it all off? Here’s a calculator you can try, which will show you how much your debt is costing you. On each credit card statement, credit card companies are required to tell you how long it will take to pay your balance owing off if you only make the minimum payment. Look at that carefully and then figure out how much extra you can pay to avoid this trap. Tip #2 – Partial Payment Interest Did you know….if you pay less than the full amount owing on your statement by the due date, you will pay interest on the full amount? For example, your balance owing is $1510 and your payment is due today. If you only pay $1500, most cards will charge interest on the entire balance of $1510. Tip #3 – Interest Rate Change Did you know….some credit cards may increase the interest rate on your card if you are even one month in arrears? Check your statements carefully each month. Tip #4 – Payment Due Date Did you know… if you make your payment on the due date, the credit card company may charge you interest as if you paid late? In some cases, processing can take up to 5 days. Make a habit of paying your credit cards 5-7 days prior to the actual payment due date to be sure. If any errors occur, contact your credit card company and ask them to reverse any charges. The Bottom Line Your credit card will be your friend if you know what you can afford to charge and pay off each month because you have a budget. Using your credit card as an extension of your pay cheque means that you could be adding at least 50% to the cost of whatever you are buying. If the sticker price looks like a good deal, decide if it’s still a good deal with interest and fees added on. If it’s not, don’t buy it unless you have the extra cash to pay for it.Thank you for reading my Blog. Wishing you...

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Power of Words

Posted by on Jun 9, 2014

  Power Words Word cannot only influence the minds of people but can completely change their perception about a particular thing. Words have the persuasion power to entice and motivate. They are used by the politicians, public relations personals, and even by parents to pass on their message. These words are known as power words and they can do wonders when used in advertisement. New or improved words create a sense of curiosity. The customers get an impression that the product is something that is different from others and he tries to get it before anyone else does so as to have edge over others. The laundry products have always been advertised as new and improved, from years. Although it can be either new improved version of the existing product, but the power of both the words and the product reinforces each other’s strength. Take for instance the line ‘Money back guarantee’, these power words helps gain the trust of the customer. It is a must to print these words at the closing line of an advertisement. After this sentence, the methods of payment and how money will be returned if the customer is not satisfied should be stated. Power Words are Persuasive Most of the successful advertisements have a little known secret that surely generated curiosity within the reader. People are knowledge thirsty, they want to know what others do not know. They think that there is some vital information they are missing because of which they haven’t gained success in something particular. Words ‘Insider say that’, is similar to ‘secret’. It gives out information from some expertise that is still unknown to the outside world and only if the customer gives money, information will be divulged to him. Free word in the headline of the message simply does wonders. The reader easily absorbs the message, unless and until something free is given to the customer in reality. By any change, if the company tricks the customer into paying money for something, which was supposed to be free, the trust of the customer is lost instantly. Usually the word FREE is spelled as FR~E on websites as ISP filters blocks messages having the actual word, considering it to be some kind of spam. You is a very important word to be used in an advertisement. It directly points out the advantages to the customer, if he buys a particular product or service. Step into the shoes of the customer and try to note down the points which will be of benefit and what points will decrease the interest. The advantages then should be referred to the customer by addressing them with ‘you’. The customer feels that he is being directly talked to. The word ‘Immediately’ rings in the emergency. It can be interpreted as ‘Don’t wait any longer, get it now!’ This motivates the customer to take some necessary and quick action. Power in itself is a powerful word. Give that power to the consumer and see the magic. This gives the consumer a feeling that he can get possession of something that he lacked till now and this could make him achieve the impossible. Power Words – Basis for success The basis of a successful advertisement is to understand the consumer’s needs and then design the advertisement accordingly. Just stating the advantages of using the product or service of the company isn’t enough. Sentence should be so designed that the customer should see his advantage in the product. For example, when advertising for a digital camera, just stating that the in-built memory of the camera is of...

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Are You Working a Dead-End Job?

Posted by on May 23, 2014

You Very Well May Be! Signs you might be working in a dead end job Have you ever felt like you are working at a dead-end job?  If you think that you are, you are definitely not alone.  With that in mind, just because you think that you may be working a dead-end job, it doesn’t necessarily mean that you are.  However, if you would like a little bit of proof or verification, you may want to continue reading on. One of the many signs that you may be working a dead-end job is if you find yourself in the same position, for years and years.  If you were hired with the intention of no advancement, your current position may be fine for you. With that in mind, if you have goals and have yet to see those goals accomplished, it may be a sign of a dead-end job.  You should never have your work go unrewarded, especially if you were employed by the same company for years. Another sign that you may be working a dead-end job is if you have been working at the same pay level, also for a number of years.  In fact, many employers automatically give their employees pay raises yearly or even quarterly.  If you have been employed by the same company and for an extended period of time, you may be working a dead-end job.  There is good news though, if your only issue is pay, you may be able to turn your dead-end job into a great job.  You can do this by inquiring about a pay raise.  Many employers expect this, especially after an extended period of time without a raise; therefore, you may have nothing to lose by at least asking. The above mentioned signs are just a few of the signs that you may be working a dead- end job.  As previously stated, however, it is important to remember that you don’t have to keep on working in what may be deemed as a dead-end job forever. There are a number of different steps that you can take to see success.  One of those steps involves speaking to your supervisor or supervisors. Asking about career path options. Ask them what you can improve on, work with them to create a well defined career plan.  This may involve asking for an increase in pay or asking for a promotion, at the end of the plan, should any positions be available.  In today’s society, you will find that not all individuals want the responsibility of a promotion; therefore, you will want to let your supervisors know that you are not one of those individuals. Another one of the many ways that you go about getting out of what you may refer to as a dead-end job is by creating a stir, but in a good way.  Despite your possible frustration, you may want to consider giving your job, dead-end or not, a second chance. With that second chance though, you are urged to take action.  Be sure to do good deeds in front of your supervisors, volunteer to work late or cover someone else’s shift in an emergency and so forth. As previously stated, your supervisors may mistakenly believe that you are currently satisfied with your job.  You will want to show them that you want more and that you are capable of handling more. Another option that you have, when looking to rid yourself of a dead-end job, is seeking employment elsewhere.  If you have a family to support or bills that must be paid, you may only want to use seeking employment...

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What is Network Marketing

Posted by on Mar 7, 2014

Network Marketing is a Direct  selling method in  which independent-agents serve as distributors  of goods  and services, and are encouraged to build and manage their  own sales  force by recruiting  and training  other independent  agents. In this method, commission  is earned on  the agent’s own sales  revenue, as well as on the sales revenue of the sales-force recruited by the  agent and his or her recruits Check out  Renowed Author of the book Rich Dad Poor Dad, Robert...

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