Yesterday, Tencent and Riot Games announced they have formed a new company in China to oversee all esports related operations and businesses for League of Legends in the country. Known as TJ Sports (腾竞体育) and registered on 4 Jan 2019, around 78 mil USD of capital has been announced, reportedly with both company investing in a 50:50 capacity. The management team will be made up of top executives from both companies as well. 3 main goals have been set for 2019, including: 1, Finalize major rules, such as esports rules, business cooperation rules, and wage rules; 2, Optimize business model, such as home and away grounds; 3, Improve new player development plans. LPL is confirmed to be its own business entity under TJ Sports, and no longer be considered as part of Tencent’s gaming business. TJ Sports will also increase its involvement in charity and social work. … [Read more...] about – New company formed to oversee and expand esports business in China
It's quite easy for you to start your own business, but it's not always possible for you to take your business to the next level without having the support of people in your corner. The people you meet and spend time with will have an enormous impact on your business. Here are some of the reasons why meeting with the right kind of people will be the bedrock of your business. Partnership: If you're a beginner in business, you can find people who will work directly work with you on your overall business goals. Resources: By meeting with a lot of people, you will find some individuals who have connections to PR firms and medias outlets. They also might casually mention your business to a major publication like Forbes or Entrepreneur, forging a connection that you'd be missing out on otherwise. Knowledge: If you meet with a lot of people, you'll be gaining knowledge that will surely help you out later. Everyone has some kind of wisdom that you don't have. One 15-30 minute … [Read more...] about The 5 People You Need To Meet To Be Successful In Business
So you have decided to take the leap and start your own business. What is your plan to execute your business idea? Few days back, I had shared some of the basics for starting your own basics. I continue taking you to the basics, because the new ways have also evolved from these. I mentioned documentation is like your oxygen mask. Whenever you feel out of breath, meaning defocussed, refer to your business plan. Here we will discuss how to write a business plan for a new business. Like always, feel free to suggest or add anything relevant. A business plan essentially means a plan of action to implement certain processes to reach a certain goal, financial or volumetric. You define everything about the business in the business plan. Products, services, sale, revenue, cost of sale, marketing, financial etc. Yes, each and everything should be documented. Office setup, operational setup, marketing plan, things you will need to run and grow your business. How do I write a simple business plan? … [Read more...] about How to Write a Business Plan for a New Business?
Are you looking for a way to generate more sales for your business? Do you also struggle with lead generation? If your answer is yes, then you should try content marketing. Content marketing is the all-in-one solution for your all problems. 86% of B2B marketers use content marketing to generate more qualified leads. 76% of marketers are planning to invest more money in content marketing. Let’s see why small businesses or startups should use content marketing. Content Marketing Generate more Traffic to website The beauty of content marketing is generating massive inbound traffic to your website. Consistently providing quality content brings more traffic to a website. You need to find your audience’s problem and solve it with your content. Curata found in their study that 55% of marketers are getting more than 5% website traffic from blogs. The more content you generate, the more traffic your site will get. There are some points you should consider when to write a blog … [Read more...] about 5 Reasons Using is Good for Business
Blogging is a business, and every business needs an effective plan. Whatever is the nature of the business, that doesn’t matter but there should be a plan. Business Plan describes the current status of an existing business and provides guidance for future forecasting. Thinking about the past will not make your blogging business successful. If you want to establish your business then you must think about the future. As said by a well know author “You can never plan the future by the past”, so keep in mind this popular quote and start an effective business plan for your blog. Effective Business Plan for Bloggers 1. Mission The first thing you should ask from yourself is that what is your mission. What exactly do you want to achieve, and what are the available resources that can help you in achieving your goal. As a blogger your goal is ‘Profit OR Earnings” and for that, you must first think about your vision. You should know about your readers, their nature … [Read more...] about 5 Simple Steps for An Effective Business Plan For Your Blog