Most of us are either working for or own businesses. It doesn’t matter, be it employees or employers (business owners), we still need to increase the profitability of the businesses. In simple words, more profits simply mean generate more revenue than expenses.
We always heard that productivity is important if employee wants to do well in his career and companies want to do well in their businesses. To use an engineering perspective to explain productivity – amount of work done per unit time. I know it should be called power in physics and engineering. As you can see, the more…
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Here are a few ways that online career portals, i.e. those served as an online place for job seekers to look for job and companies to advertise job offerings, can further differentiate themselves and increase revenue,
1. Place Google Adsense ads or some other types of ads at the bottom of every web page. This will make the ads less intrusive and when people become tired from online job search, they may click on the ads at the bottom of the webpage.
2. Use a subdomain of the main website to host an online forum to generate pageviews…
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Entrepreneurship is the science and art of discovering profitable solutions to problems. Every successful business owner has been able to observe problems existing and come up with solutions that when implemented will result in profits.
Bearing this in mind, let us now look at top three considerations when starting a business.
1. Imperfect world = Infinite problems = Uncountable business opportunities
We don’t live in a utopian society where every person needs and wants are satisfied, where there is no illness and other unpleasantness of life. As I mentioned in previous post, money is everywhere because problem is…
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Chinese businessman and investment fund manager Zhao Danyang paid close to US$2.1 millions for a lunch with Buffett. It seems expensive at first but after return back to China, stock prices of his company, WuMart become worth around US$16 millions more. Wumart is a retailing giant in China which Zhao Danyang firmly believes that it will one day be the Wal-Mart of China.
I admired his aspirations but apparently Warren Buffett did not really believe that it will since he did not invest a single cent into the company at the end of the…
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After a long wait, Windows 7 is finally out for public purchase on 22 October 2009. For those with Windows XP who decides to continue using it because you have heard horrified stories about Vista and postpone the purchases of new personal computer, can now finally look forward to buying in a few months time.
First things first, I am not a fan of chasing technologies, wanting the latest Intel Pentium processors, running on the latest Microsoft Windows operation system. In fact, from the specifications of new computers that I observed, less than $1500 can buy you a…
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For most of us, after looking at each paycheck received, most probably will always wondered and complain about whether there is any better way to make more money. We seemed to trap in a mindset of scarcity, of that there is not enough money circulating around for us to earn.
The reason why there is money to make, or specifically speaking, why greater wealth can be created is simply because there are problems to be solved that are faced by humanity.
Discovering business opportunities is discovering other people’s problems.
Excelling in employment means effectively solves problems faced by company.
Look…
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This article is not going to talk about the best selling book of the same title – Think and Grow Rich. Instead it is illustrating some other aspects of thinking that results in getting rich.
The traditional Think and Grow Rich book mainly mentioned that to become rich, intensity of desire is important as it will leads to sustaining persistence.
But little is mentioned of how to increase desire as illustrated in a post written earlier about the key to superhuman persistence.
In general, if you want to become rich, other than intensity of desire, creative…
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MSN today reported on the hidden secrets behind online quizzes and how they make money from web users. As reported in msn, there are various websites employing different types of means to get data about you so as to market related products and literally force you to see advertisements.
You can don’t see the advertisements of course, but you won’t get what you wanted badly at that moment in time.
While the methods used may not be ethical but the methods and general principles behind in developing those methods can be used ethically for a good cause, or
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