The inevitable part of life is problems. Whether small or big, there are always myriad problems demanding our attention and action at every step of our waking life. There are different methods to overcome the different hurdles that we encounter in various areas of our life. One such time worn practice to understanding our problem and dealing with them effectively is SWOT analysis, otherwise known as Strength, Weakness, Opportunities and Threat...more
Project Planning is an inevitable process for handling any project, be it small or big. Successful and timely execution of a project is vital to any project. Hence proper Project Planning is indispensable. The elements of Project Planning will involve estimating time for different segments of work, time planning for various layers of tasks, monitoring and supervising, separating the most important from the less important ones, meeting the...more
An important aspect of leadership is having the ability to choose the right people for the right job. This is a vital role that leaders will invariably be called upon to perform. In any team sport, a great deal of time is spent in picking the right players for the game. Selection is done keeping these factors in mind as player’s skill, form, the right place in the team and the likely opposition that the team will confront. As in sports, in business too, leaders need to select the right team and players for a particular job, assign them specific tasks in line with their skills and proficiencies. To field a match-winning team, you first need to understand the game to be played and the skills and abilities required to play it. A football team cannot play baseball if you aim to win at the top. Also, you have to place the right player at the right position. In order to make the right choice, you first need to simplify the broader team goals into specific, individual tasks. You can write down the task list and rank them in the order of priority. You then have to analyze the competencies required to undertake each task. Weighing the competencies of each team member and...more
Mind Mapping, if you are not aware, primarily uses non-linear methods and leans heavily on association and links. These very features of Mind Mapping lend the technique a great deal of power and simplicity, and the resourcefulness of the technique emerges only from the actual application. You will find that Mind Mapping greatly facilitates group...more
The letter...Ah, yes. It's a very splendid thing - when done correctly. But when was the last time you read a letter than really 'talked' to you, that pulled you in, that did its job?Whether used as sales devices in their own right, to entice lost customers back into the fold, appeal to prospective customers, act as reminders for an unpaid invoice,...more
Lets look at an earning pattern of two individuals A and B. A earns his 100% income from Source1, his only source. B earns in a slightly different pattern. He earns just 1% income from Source1, 1% income from Source2, 1% income from Source3 and so on. In short, B earns his 100% income from 100 different sources.The possibility of something happening to Source1 or any one source is very high. If this proves true, individual A loses his 100% income. So, from 100 he goes straight to 0. Very scary!. Lets look at B in this case. He loses one source, there’s almost no impact on his income because he has just lost 1%. We may consider a situation where he might lose income from 50 Sources. Nothing to be very concerned because he still has 50% income running in. That’s the beauty and security of having multiple income streams.Security – Salaried people talk about Job Security. There is no such term as Job Security. You loose a job I bet you will find another one. If not in the same city then another city. If not the same profession another profession. But, you will do whatever you can physically and will find another job. You are and will be able to generate income as long...more
When you purchase a house or a vehicle these are some of the biggest investments you may encounter, so make sure you have some skills and information in regards to negotiating a good deal for yourself. When purchasing a vehicle there are several...more
Celebrities and high-ranking political officials make aconcerted effort to craft their reputation shouldn't you?Everything from the way they dress, to the words that theyuse, the things they do, the places they are seen, and thepeople they associate...more
There are many myths associated with the culture of selling. The social sciences characterize a myth as a story or theme that embodies a particular idea or aspect of a culture.Here's the "story" on which Sales Myth #14 is based:An enthusiastic...more
Most people wouldn't just purchase the first car they look at, so why would shopping for a mortgage be any different? New would-be homeowners are looking for ways to simply just secure financing that they forget that they are the ones in control of...more
In the world of mortgages and complex financial arrangements for housing, you need to be armed with the facts. Not knowing what you are getting into when you sign on the dotted line(s) could end up hurting you more than helping you. In the case of...more
Have you ever dreamed of a scenario when money belonging to you would suddenly find its way back to you to make things better? Ever dreamed of a sudden windfall? Well your dream is not pure fantasy. As on date, thirty five billion dollars is lying...more