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24
Apr
WHAT IS BLOCKCHAIN AND HOW WILL IT AFFECT ME?

Merriam Webster defines blockchain as a digital database containing information that can be simultaneously used and shared within a large decentralized, publicly accessible network including the technology to create such a database. It is a continuously growing list of records, called blocks, which are linked and secured using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp of the transaction. By design, blockchain data cannot be modified. It is an open, distributed ledger that can record transactions between two parties efficiently in a verifiable and permanent way. Blockchains are either public, private or consortium. An ongoing debate is whether a private system with verifiers tasked and permissioned by a central authority is blockchain.


17
Apr
Systems First - They Can Go On Long After You

 

Warren Buffett (famed Investor) reportedly once told Bill Gates that a "ham sandwich could run Coca-Cola (NYSE:KO)." That quote complements Peter Lynch's equally famous quote, "Go for a business that any idiot can run -- because sooner or later, any idiot probably is going to run it."

Business needs a vision, and a clear plan how to get there. Then the business needs a setup for operation, Systems. Systems first, then well trained good people to run the systems.

 


10
Apr
SOCIAL MEDIA TO BRAND YOUR BUSINESS

The explosion of social media the last five years has gone way beyond just personal use. It has crossed over to the business world. Previously if you did not have a business website, people questioned your credibility. Eventually it became a necessity to have a website. Now your business needs a mobile presence, and that has extended further to social media. The days when a business owner could ignore social media as a ‘fad’ have past. It should be part of your company’s branding. The great thing is, social media is easy to use for branding.


03
Apr
WHY YOU SHOULD EXHIBIT AT TRADE SHOWS AND BEST PRACTICES

Trade show exhibiting is one of the best ways to promote and grow your business. It helps increase your awareness, brands your business, increases your credibility, develops leads, increases your network and increases your sales. Trade show exhibiting is one of the most affordable, cost effective and productive ways to build your business. A lot can be accomplished in a short time period at minimal cost. Here’s the best ways to do it.


27
Mar
THE IMPORTANCE OF PUBLIC SPEAKING

Public speaking is one of the best things we can do for our business and career. Public speaking skills are some of the most important that one can possess. The success of our businesses rests on our ability to communicate our messages and get results. Public speaking is one of the best ways to do this. We have a captive audience that’s focused on us. Public speaking positions us as an expert in our field and a thought leader. It enhances our reputation, boosts confidence and creates opportunities. Though, public speaking is one of the greatest fears of individuals. Here’s some of the ways to become a better public speaker.


20
Mar
You Are Who You Associate With

‘We are the average of the five people we spend the most time with.’

-       Jim Rohn – Motivational Speaker

 

 

Who do you associate with? Who are your friends? Who are your business partners?

 

Your reputation, especially in business is so important. Your reputation usually precedes you. It should be guarded at all times. Just like you would review your financial position, or business plan throughout the year to make sure you are on track. You should review who you spend your time with, and maybe more importantly who you listen too.

 


13
Mar
THE KEYS TO SUCCESSFUL MEDIA PLANNING AND BUYING

Media planning and buying is the process of determining and implementing your media mix to promote your business. Successful media planning and buying will determine the success of your business. The more people who know who you are and what you offer, the more you will sell. The process includes defining your objectives, identifying your target market, determining the media channels to use, quantifying your budget, buying the media and evaluating the results. Here’s how it’s done.


06
Mar
FOCUS ON THE WHY

'German philosopher Frederick Nietzsche once said, ‘He who has a why, can endure any how.’ Knowing your why is an important first step in figuring out how to achieve the goals that excite you and create a life you enjoy living (versus merely surviving!). Indeed, only when you know your ‘Why’ will you find the courage to take the risks needed to get ahead, stay motivated when the chips are down, and move your life onto an entirely new, more challenging, and more rewarding trajectory.' - excerpt from Forbes article


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