“Who the hell wants to hear actors talk?” – Harry Warner, co-founder of Warner Bros. Pictures, Inc. From questions like, Should I take up this job? Will this decision yield better results for my company? Should I pursue a career in a particular field? Should we launch this new product? to Do I look fat in this dress? Should I continue this relationship? Should I buy or rent the Apartment? we are bamboozled with numerous decisions to make on a daily basis. Numerous decisions to make and still we don’t face a meltdown on a particular decision. People are given their choices, they make their decisions and they live on with it. But there has to be a better way of doing it, given the immense progress science, research and psychological studies that have been. Put perfectly by Daniel Kahneman, the Psychologist who won a Nobel Prize in Economics and the author of Thinking Fast and Slow, “A remarkable aspect of your mental life is that you are … [Read more...] about How to Improve your Decision-Making Skills & Become a Doer
Consumers decision making process
Among entrepreneurs, e-commerce has become a popular way to make money online and a huge trend since last year. But why? E-commerce has always existed but it has become an easy and fast way to make money nowadays for people that find the right products to sell, and then manage to advertise correctly and sell lots of units fast. These advertisers had implemented several successful marketing strategies to scale their businesses, reporting hundreds and even thousands of sales a day. You may have seen their ads on Facebook, and even bought something. Some of them belong to a huge brand marketing team, some of them are people that manage their online stores by themselves without even seeing the products they sell. How is this possible? In this article we are covering this year’s trend: how to make money online selling products through an online store without stocking, handling and fulfilling products. We are talking about Dropshipping and below we are covering this business … [Read more...] about Shopify Empires – The process behind $100,000+ per month e-Commerce Stores
Blogging in India is growing at a rapid pace but the question is whether blogging will ever be considered a mainstream career option in Indian society. Many of you who are part-time bloggers in India may not yet understand what it takes to be a full-time blogger in Indian society. In this article I will be sharing some funny facts as well as the bitter truth about working from home in Indian society. Professional blogging in India is still not considered a full-time job. In fact, anything involving online work is considered a part-time job. Some of this is due to computer illiteracy and the generation gap. Let’s look at some of the facts about professional blogging in Indian society. Working from home is not for everyone : Accept it or not, Indian society is very conservative, and as always bringing change to the long-term mindset or belief system of a people or culture is a very difficult task. Working from home in … [Read more...] about Blogging in Indian Society, and How You Can Bring Change
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?
This article is about helping you create a blog that you can sell to make huge money. In the abbreviated story below, I will tell you how you can make your blog attractive to buyers, how to find the right buyer, how to negotiate a premium price for your blog, and how to structure the sale. This is the true story of how I co-founded and sold my personal finance media business in 2 years. How and Why I Founded FiGuide.com I founded Figuide.com during business school when I was learning everything about finance that I thought every adult should know, but doesn’t. So I set out to conquer the problem of helping consumers get hard to answer financial questions answered. You know the ones, “Is it better to invest in a 401k or a Roth IRA?” or “What is the best way to set-up an estate plan for my family even though we don’t have a million dollars?” How We Operated our blog and Grew In order to understand how we were able to sell our … [Read more...] about How to Sell Your Blog and Change Your Life