Thursday, 3 December 2015

TIME IS PRECIOUS THAN MONEY..!

TIME IS PRECIOUS THAN MONEY..!


The study of time is a concept that I’ve spent a great deal of effort trying to wrap my mind around. It is especially problematic because while time itself is a constant, it’s perception in our minds is continuously in flux. It’s worthwhile, if you’re able to, to try and slow time down as much as possible and try to get the most out of each moment.
Time itself is far more valuable than money, fame, possessions, etc. – probably the most important real or abstract resource there is.
Value itself can be measured in time, even more so than money, for if you can get people to devote time to your cause, this can in many cases demonstrate that they are even more interested in helping you/your cause than those who simply give money.

The people who say ‘time is money’ are right to a degree, but I’ll go a step further and say that ‘time is more precious than money.” You can always get more money – but there is no way to gain extra time; only extend the experience and perception of it.
Time is so important because we only have x amount, where X equals moments in existence. You really can’t stretch it much further than what our physical bodies were designed to handle (this does vary slightly based on genetics), but I would say more than a raw number, how you spend those moments (whatever you most intimately enjoy doing) make up the purpose and function of that time. Looking back on life with regret is only a waste of time if you didn’t learn and grow from those experiences, and I do not believe you are ever wasting time if you are learning, growing and broadening your understanding of yourself, your interests and humanity itself.

Who you surround yourself with and what you do during the X amount of moments on earth speaks volumes for what exactly you represent, and even if you think or speak a certain way, how you spend your time will almost always reflect your true persona. People spend a great deal of time simply thinking about ways they can change their lives, and how “next year of my life” will be better – but this isn’t true, and is an unfortunate squandering of time.

Your life will never change and you won’t all of a sudden start accomplishing your goals – unless of course you make a change right now, at this moment in time. Simply thinking about making a change will almost always result in no change.

Now is a powerful word, something many people have a hard time grasping. Everyone wants to make changes to their lives, but I’ve discovered that only those who act decisively and have the self-control to put something into action at will are the most successful human beings, and able to alter the course of their lives. We should all freely be enjoying our time while also respecting it, and using our time to mold ourselves like clay into an ideal self-image of what we want to be. This should be one of our most treasured goals in life, and I think we should all be using our time in this manner. (Thefuturebuzz)

Think Positive
Hope Uchemadu

Success Keys For New Entrepreneurs

Success Keys For New Entrepreneurs


It is through that i preach " Be your own boss" Being a first time entrepreneur can be challenging and also exciting and rewarding. There is no end to the many financial, legal , staffing, marketing, and customer issues that will come up as you launch your business. With lots of twisted advises out there telling you one thing or the other without a road map to success. But don't worry as i am about to open your very own eyes with success keys for any new entrepreneurs out there. These success keys will help you overcome huddles of starting a profitable business:

1 . Start a Business You Are
Passionate and Knowledgeable About Startups can be quite a grind , so pick something that excites and motivates you. Don't go into a business because your best friend is doing fine in it or that you where told that the said business will give you millions within few weeks or months.

2 . Get a Business Idea That Has a
Wide Market Opportunity. Make sure you carefully researched the business and identify a large market for your product or ideas. Investors will be attracted to your business when they see light of growth in it. Don't forget to raise enough capital as you can. It's almost always harder and it takes longer to raise startup financing than you
think . You must ensure you have a
cushion for all the product development and marketing expenses you will incur. In
an ideal world , you will have sufficient capital for your operations to break even. Developing a great product takes time and money.

3. Please,Always Monitor Your Finances. You must keep on top of all of your expenses , income and balance sheet. Many startups have failed because the entrepreneur was not able to adjust spending to avoid running out of cash. Maintain a low overhead. Manage your expenses and avoid unnecessary costs.

4. Research the Competition.
Make sure you are thoroughly
researching competitive products or
services in the marketplace, and keep on top of new developments and enhancements from your
competitors. Ask for advice from other Entrepreneurs ahead of you.
Advice from other entrepreneurs and
business professionals are said to be invaluable.

5. Develop a Great Elevator Pitch.
You should have a compelling story about what your startup is all about and what problem it solves. Have
this ready for potential customers and investors which is your target market. Articulate your mission
and goals, and why your product or
service is unique compare to others.

6. Hire the Right People.
Hiring the wrong people is one of the
biggest mistakes made by entrepreneurs . You need to bring on employees who have the relevant background and experience. Though, lots of entrepreneurs start do most of the job themselves. Don't hire workers that don't fit into your vision and objectives .

7. Network And Network And Network. Networking can land you a new investor , a great employee , a new customer, or a great mentor. Attend seminars and workshop on any business development trainings. Social media is a powerful tool
to help you network , so make sure both you and your enterprise have a good impression about you and your business. Give great customer service. Companies such as Banks became hugely successful
because they focused on providing excellent customer service and
support. You want your early customers to give referrals and sing your praises to their friends and colleagues . Thank your customers personally by SMS and email.

8. Get an Experienced Business Lawyer. You need a savvy business lawyer for your company , one who has regularly formed and advised many other entrepreneurs and who specializes in small business start ups. The lawyer can help you to register your company in C.A.C .
Prepare protective offer letters to
prospective employees
Help you negotiate terms with
prospective investors
Limit your potential legal liabilities
Protect your ideas and inventions
( through copyrights , patents and
non -disclosure agreements)
Get recommendations from other
entrepreneurs and venture capitalists . Make sure you have a good rapport with the lawyer.

9. Speaking in Public Is an Advantage. The ability to communicate effectively
can be critical to landing customers ,
inspiring employees, and pitching to
investors to raise capital . Most people are not very good at public speaking and many are even afraid of it. You need to work to overcome this fear. Consider working with a public speaking or business coach to practice, get professional feedback and improve . Some
of the most recognized entrepreneurs were great public speakers, like Brian Tracy, Bill Gate, Alhaji Dangote etc

10. Focus on Building a Great
Product or Service. But Don't Wait Till Thy Kingdom Come to Launch Out. Your product or service has to be at it best to start out with .
It has to be differentiated in some
meaningful and important way from your that of your competitors.
Hoffman the co -founder of LinkedIn , said : “If you are not embarrassed by the first version of your
product , you’ ve launched too late. ”
There is never a perfect time to launch a startup, so follow that famous advice and “just do it. ” Take the first step to building your business.

11. Market widely nonstop! You continually have to be attracting ,
building, and even educating your
market. Make sure your marketing
strategy includes the following:
Build a professional -looking, up- to -date website. Learn the fundamentals of SEO
( search engine optimization ) so that people searching for your products and services might find you near the top of search results.
Use social media to promote your
business ( LinkedIn, Facebook ,
Twitter , Pinterest , etc.) .
Engage in content marketing by
writing guest articles for relevant
websites.

With this few tips i hope you can now start a successful business of your own as an entrepreneur.
Just take action and do it. I wish you success.

Think Positive
Hope Uchemadu

How To Gain More Customers

How To Gain More customers


How can you get customers to spend more money with you? Use these six tips to increase your average sale, encourage repeat business, and get more from your existing customers.

Increased revenue may come where you least expect it: from your current customer base. While attempting to attract new buyers is a tried-and-
true method of boosting sales, you can also do well encouraging customers to buy more from you
by increasing their average order size. Consider boosting your sales by using the following methods.

Cross-Selling. Cross-selling is the process of offering suggestions that go along with the item someone
is purchasing. Would you like batteries to go along with that electronic toy? How about a
protective case for your new tablet phone? Websites often try to cross-sell by showing a list of items
that people frequently purchase together with the item they just added to the shopping cart. When
you incorporate this into your website, you’ll be able to increase sales. If you’re selling in a brick-
and-mortar store, having a knowledgeable sales staff can be a big help. When the salespeople
know your product inside and out, it becomes a lot easier for them to address a buyer’s needs and suggest other items the person might want to purchase. You can also create displays that group
such items together.

Upselling: Upselling is the act of convincing people to buy something bigger and better than what they were originally going to purchase. For example, if the person was purchasing a laptop, you would
suggest that this individual buy a laptop with more memory or a faster processing speed. When a customer is primed to buy, the additional price
doesn’t always seem so high.
Service plans or warranties are other examples of upselling. The buyer spends a bit more for the added protection.

Limited Time Offers: With a limited time offer, the customer feels
pressure to make a quick decision about a purchase. Sometimes, it’s a sale that catches her eye as she’s walking past a store in the mall.
Online, it may be a limited time offer with a clock counting down the seconds until the offer expires.

If it’s a product that the person was already thinking about buying, purchasing during the limited time offer is a no-brainer. Even if the offer
is something she hadn’t considered, though, the pressure of missing out on a good deal could prompt her to make the purchase. Coupons with Date Restrictions The more often you can get customers into your
store, the more overall sales you’re likely to make. One way to have people come back again and again is to offer coupons that are only valid at certain times. For instance, you might send out coupons that are good for the first half of the month along with coupons that are only good during the second half of the month.

This works particularly well if the coupon is only good for a single item rather than the entire purchase. The
customer will want to come back both times to be able to use both coupons and will probably
purchase a few extra things while he’s in the store.

Your Business: The More You Pay, the More You Save You can also increase sales by increasing the
amount of money a coupon is worth when the person spends more. For instance, you might offer a $10 off coupon for those who spend $50 and a $25 off coupon for those who spend $100. Getting $25 off is a better deal, and many people
will choose to buy more in order to reach the $100 threshold. This technique can work at a variety of price points. Cash Back for Future Purchase Another technique that stores are using is to offer a “cash back” option that’s good toward a future purchase. For example, you might offer a customer a $10 off coupon for every $50 she spends in your store. These coupons can then
only be used during a designated time period.

This works well for the store in two ways. First, she might pick up a few extra things if she’s close to hitting the threshold for a higher amount
of cash back. Then, she comes back to the store another time to spend the “free” money and will likely spend a bit more while she’s there. Best of all, the customer feels like she's getting a great deal.
There are plenty of things you can do to increase the average order size of your customers. However, different techniques work best with different companies, so it’s always
smart to try out different methods to see which ones work best for you.

Think Positive