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Develop your own Business

Posted by on Mar 13, 2017 in Business Development, Home Business, Personal Development | 0 comments

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.

 

How to avoid Analysis Paralysis

Posted by on Nov 6, 2014 in Home Business, Personal Development | 0 comments

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.ap20B

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.

  1. 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.
  2. 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.
  3. 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 or her understanding. When you are finished, ask for feedback on your arguments, both on content and delivery. Where in your presentation did you have the most energy? Confidence and enthusiasm are always good indicators of the most appropriate solution.
  4. Do a mental dry run. Once you’ve decided on which path to take, begin the journey in your mind first. Mentally play out your decision exactly as you wish it to be. Fill in all of the details of the outcome, including your feelings, the environment, the reactions of others, the financial benefit, and any other positive result stemming from your decision. Mentally replay this imaginary outcome over and over again until you feel utterly confident in moving forward.
  5. Take the leap. Make a commitment to act by a certain date and follow through on your commitment without hesitation. Rest assured that you will hear the nagging voice of your own second-guessing ringing in your ears. Expect it. It is nothing more than your ego’s final “Hail Mary” attempt to keep you locked in a state of inertia. All great leaders hear that same nagging voice, yet they choose to act anyway. You can do it, too.

The most important step to bust through analysis paralysis is to adopt a trusting, Zen-like attitude. Remind yourself that whatever happens is supposed to happen. There are no mistakes, wrong turns or missed opportunities. If you remember that, in the larger context, everything occurs exactly as it should, you can cut yourself some slack. Any outcome is far preferable to the physical, mental, and emotional price you pay when perpetually brewing in fear, doubt, and uncertainty. Isn’t it time to take off those cement boots and take the leap?

 

Thank you for reading my blog

Cheers,

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4 Myths About Credit Cards

Posted by on Jul 12, 2014 in Personal Development, Uncategorized | 0 comments


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.Credit cards

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.

debt-relief-solutions-300x239The 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 Success!

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Power of Words

Posted by on Jun 9, 2014 in Business Development, Personal Development | 0 comments

 

Power Words

Word cannot only influence the minds of people but can completely change their perception about a particularword-power 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 power-brainstormany 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 powerful_wordsadvertisement 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 1 GB, won’t do the trick. Instead, the sentence should be changed to ‘enough memory to store 350 pictures or 50 videos’. The solution to the problem of the customer is reflected in this sentence. Ideas can be taken from advertisements of other similar brands like how the sentences are written and placed in an advertisement. After the sentence framing, adding power words to spice up the advertisement will definitely make a winning ad campaign. Power words and the art of communication are critical to anyone’s career and to every business owner. It truly is the basis for your success. I will bring you more on this topic in future articles… stay tuned. Thanks for reading Cheers, signature