CREATING A NEW-VENTURE TEAM
Those who launch or found an entrepreneurial venture have an important role to play in shaping the firm’s business concept. Stated even more directly, it is widely known that a well-conceived business plan cannot get off the ground unless a firm ha...
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Six distinct ways of making money online
Six distinct ways of making money online (the way an online company makes money largely defines its business model)
1. Affiliate programs
An affiliate program is a way for online merchants, like 1-800-FLOWERS, ...
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COMPETITOR ANALYSIS
After a firm has gained an understanding of the industry and the target market in which it plans to compete, the next step is to complete a competitor analysis. A competitor analysis is a detailed analysis of a firm’s competition. It helps a firm u...
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Maintaining positive thoughts
• E. G. S. Emotional Guidance System - Your inner guide
It is said that the average human being has approximately 64,000 thoughts per day. Protecting all of your thoughts 24 hours a day can be a full-time job. There is a better way to gauge how ...
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Pillars of Islam
Five Pillars of Islam:
1. Declaration of faith: There is no deity (divine being) except Allah, and Muhammad is the Prophet of Allah
2. Salat: Five daily ritual prayers
3. Zakat:Read more ››
TECHNIQUES FOR GENERATING IDEAS
In general, entrepreneurs identify more ideas than opportunities because many ideas are typically generated to find the best way to capitalize on an opportunity. Several techniques can be used to stimulate and facilitate the generation of new ideas f...
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The 3 sources of business ideas
1. Observing Trends
The first approach to identifying opportunities is to observe trends and study how they create opportunities for entrepreneurs to pursue. The most important trends to follow are economic trends, social trends, ...
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Success depends on Well Concentrated Efforts
The Successful Lives Are the Concentrated Lives.
Concentration means success, because you are better able to govern yourself and centralize your mind; you become more in earnest in what you do and this almost invariably improves your chances f...
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Giving thanks can make you happier
Each holiday season comes with high expectations for a cozy and festive time of year. However, for many this time of year is tinged with sadness, anxiety, or depression. Certainly, major depression or a severe anxiety disorder benefits most from prof...
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Study shows the power of 'thank you' for couples
Gratitude has been a trendy sentiment in recent years – sparking an industry of journals, knickknacks and T-shirts touting thankfulness as a positive force in individuals’ lives.
New research suggests that gratitude from one’s partner may be...
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Mini relaxation technique to overcome grief
Dealing with grief and loss is extremely stressful. During this time it may help to take mini-relaxation breaks. If you have three minutes, try this: While seated, take a break to check your body for tension. Relax your facial muscles and allow your ...
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