If we’re honest with ourselves, we all dream of becoming a millionaire or even a billionaire before we hit thirty. It would be amazing if, for the rest of our life, we didn’t need to worry about money. We could buy whatever we wanted, whenever we wanted. Of course, there is the argument that diamonds are beautiful because they are rare. If you could afford as many as you like, they would be seen as worthless. On the other hand, this suggests you can run out of things to buy and do in the world. You can’t. There’s always something else you can achieve. Thus, there is no reason not to aim for this level of wealth. The question then becomes, how do I achieve it?
You might start by writing the next great American novel. Not a bad idea, but it won’t get you rich as quickly as you would like. On average, you’ll make around fifteen grand from your first book deal, and we’re sure that number is a shock for most budding authors. Mainly, because we only really hear about ultimate success stories like J.K Rowling. Therefore maybe being a published author isn’t the best way forward. Don’t believe us? Just check out this site www.mackcollier.com for the offical number.
Instead, you could consider investments as a possibility. Perhaps you can make a fortune by taking the right decisions on the stock market. Interesting idea but it is distinctly flawed. Believe it or not, most people who get rich through investments aren’t stock geniuses. They stumble onto the right decision in a process that’s remarkably similar to choosing the right lottery numbers.
The actual answer is a startup business. We know what you’re thinking. Isn’t it true that most startup companies fail? This is true, and around 97 percent of startup businesses won’t make it past the first year. It’s a gamble but one that is worth taking. Particularly if you have a great idea for a new company that no one has yet thought of.
Formulating Your Startup Model
The best way to build a new business is from the ground up. You should start with a vague idea of what you want to sell and what you want to achieve. The dirty little secret of the business world is that you can sell anything if you know how. There’s always a market, no matter how niche you think your product is. Case in point is vegan Mayonnaise. You would expect that the number of people who want vegan mayo would be quite small. Mainly, because the number of vegans walking around must be few and far between, right? Well, apparently not. A recent startup is making millions based entirely on the idea of vegan mayo. This is just one example of a business owner finding success in a market that no one else was aware existed.
This example shows clear evidence that there is a market for any product or service. Therefore, you should not dismiss an idea because you think the market isn’t there. It probably is, you just haven’t found it yet.
Although, you should aim for an idea that is as commercially viable as possible. Or, that has the potential to have a wide consumer base. This will give you the greatest chance of your business being a success.
The Problem Of Funding
One you have your business model established, you need to think about funding. There are very few business ideas that require little to no funding. For most possibilities, you will need a business loan even to get started. There are a few different ways you can get funding for your company that you can consider.
The first is the most obvious and simplest. You can take out a business loan from a specialized lender. They can help you with initial start up costs. Or, once your business is up and running, they can give the money you need to pay for other costs. This might be bills, equipment or anything else that you might need to pay for. This issue with taking out a business loan is usually the interest rate. You need to make sure you will be able to pay back the money that you borrow before it becomes and expense difficult to manage. You can look at business loan possibilities on a site such as www.businesslendermatch.com.
Another possibility is to use crowdsourcing to fund your business. This will work with companies that do have a commercialized idea at the heart of them. If you know that your business has wide appeal, you can set up a page on a crowdfunding website. Then, you should be able to get the support you need for your business from potential customers. They will provide the money your company needs for a product they want to buy before it even hits the market.
Alternatively, you can turn to investors for helping with your company. The best way to attract investors is with a killed promotional campaign, starting with a trade show appearance. By appearing at a trade show, you can show off your company concept and any products that you wish to market. It’s important here to start off with the strongest campaign possible. You can not afford to risk being forgotten in a sea of competition. Remember, when you are at a tradeshow, there will be hundreds of potential business owners vying for the attention of the same investors.
When you start up a business, you should aim to keep funding costs as low as possible. Particularly, if you are borrowing funds to pay for it. Have a look at www.brazen.com for some cool ideas. You need to make sure that you don’t end up in debt because you bit off more than you could chew. Keeping your business small can still provide a profitable model that has a lot of potential for the future. You’ll be able to grow your company when you are in the right position.
Making Your Business A Hit
Thus far, we have shown you how to build a business and open it on the market. It doesn’t take much to get a business set up and established as you can see. However, that doesn’t mean you’re going to become a millionaire. Now we need to consider how to make that same business a success.
The answer, as savvy entrepreneurs might have guessed, is marketing. It doesn’t matter what you’re selling or who you are selling it to. If the marketing is on point, your business will be a success. This is why a lot of that startup money is poured into a great promotional campaign. There are a few features of a successful marketing campaign.
The first is a targeted approach. You need to make sure that your marketing is aimed at those who will want to buy your product. An example would be a business selling baby products. Obviously, your target customer here is new moms and dads. So, you could set up a blog for new parents. Moms and dads constantly check the internet these days looking for advice. With a great SEO campaign, you can ensure they find the blog you own. That blog will direct them to your shop site, and you’ve successfully secured a sale.
The second is a campaign that has multiple strands that are connected. You don’t want to focus on one form of marketing entirely. For instance, SEO is great, but you do need more than the basic type. You should look into producing great content and maybe even some forms of online promotion. Connect them all together and you’ll have the strongest promotion for your business possible. This site www.cio.com has got more great tips on online marketing
The right marketing is the difference between a business hit and a massive failure. It separates start-up entrepreneurs who break even from those that make millions.
SkyBridge Receives “Exporter of the Year” award from Global Chamber Phoenix
The SkyBridge air logistics project received the “Exporter of the Year, Services” award, granted by the Phoenix Global Chamber within its annual Grow Globally Fair, which brings exporters and importers together, along with international investors.
The award was presented to SkyBridge, a company chaired by Ariel Picker and directed by Felipe Monroy. The effort to position www.skybridgeaz.com as one of the leaders in the international logistics sector within the business community in Arizona has been coordinated by Marco Lopez, president of Intermestic Partners.
SkyBridge is planned to become the first international air cargo hub to house Mexican and US Customs in the United States.
Its operations are based at the Phoenix-Mesa Gateway Airport and will allow e-commerce companies and manufacturers, among others, to do business in Mexico and throughout Latin America, with a more efficient and profitable transport of goods between countries, thorough inspections and adequate security controls.
The development of this project will create 17,000 new direct and indirect jobs, as well as more than 3.5 million SF of development which will include industrial, aeronautical, office and commercial real estate.
The construction plan will detonate other benefits in the border region. Arizona’s proximity to Mexico and its surroundings are highly favorable for business, and they make the state a natural center for air cargo companies, large and small, eager to see their businesses grow on both sides of the border.
In this sense, Grow Globally Fair gives global business leaders the opportunity to see what’s new, who is new and how they can grow better.
With that purpose, the Phoenix Global Chamber awards prizes in honor of the success achieved in international markets and in the United States, whose categories are: Exporter of the year, product; Exporter of the year, services; Importer of the year; Landed Company to see; Cross-border consulting; Transcendent leader of the community; International banking; International commercial law; Immigration lawyer; Diplomat of the year; Translation and localization; International logistics; International accounting and taxes; International finance and insurance; International Emerging Risk; International Talent and Payroll: International Real Estate Leader; International wealth management; International business training and discourse; International IT services; International market; International education; Collaborating Organization; International nonprofit; International business city; an Elected leader with global mentality; Young Global Leader, and Global Leaders of the tribe of the year.
Axel Andorff and Carsten Isensee, new SEAT Vice presidents for R&D and Finance
The Spanish car company, SEAT is betting on the future by hiring two prestigious new executive vice presidents. The company hired Axel Andorff as the new executive vice president of R&D (research and development), and Carsten Isensee has been appointed as the new executive vice president for finance. With both appointments, SEAT is focusing on Innovation and securing the company’s record profit and investment figures.
Who are Axel Andorff and Carsten Isensee
Research & Development and Finance are two of the most important areas on a car company. The new vice presidents of these areas, are both executives with international experience and extensive knowledge on the car market. Axel Andorff will be replacing Dr. Matthias Rabe (who will run the technical development operations area at Volkswagen), and Carsten Isensee, who is taking over for Holger Kintscher (who will be working as head of IT and finance at Volkswagen).
Let’s see who are these two new incorporations to the SEAT executive staff.
Axel Andorff (R&D Vice president)
Axel Andorff is a German economic and mechanical engineer (from the German University of Kaiserslautern), with 20 years of experience at the car market, where he worked for Mercedes and held various positions in the research & development area of that company.
New responsibilities at SEAT
The new R&D vice president will be in charge of the company’s innovation projects, especially those involving connectivity and car electrification, developing technologies and new forms of mobility. He is in charge of the SEAT Technical Centre, who is focused on R&D. It has an area of 43,000 square meters, prepared and equipped (of a total area that covers a surface of 200,000 square meters). More than 1000 qualified engineers work on this center, using advanced technology (simulations, virtual reality…) to create modern and reliable cars, and developing new car technology.
In 2018 SEAT allocates 862 million euros on total investments and R&D expenses, 47% more than in 2017.
Carsten Isensee (Executive Vice-President for Finance)
Carsten Isensee has a degree in business management from the German University of Wilhelmshaven, and he has made his entire career in the Volkswagen company. His last charge was in China as an executive vice president for finance.
2018 was a historic year for SEAT. Sales have grown by over 10%, increasing from 468,400 sold vehicles in 2017 to 517.600 in 2018. With the incorporation of Carsten Isensee to the company, they expect to continue increasing their sales along 2019 and the next years.
New responsibilities at SEAT
The Finance vice president joins the Spanish car company with the objective of reinforcing the company’s profit record and investment figures, and to strengthen its financial basis for future Automotive (LINK NOFOLLOW) projects.
The car market is a very competitive sector. Last years SEAT increased its figures on sales, profits and investments. With the new vice presidents incorporations, the company is focusing on increasing these figures and securing its position on the market.
As SEAT president Luca de Meo said: “It’s time to look to the future with the ambition to grow”.
Gutemberg Dos Santos and Robert Kiyosaki share their vision of leadership
Gutemberg Dos Santos is a Brazilian-American entrepreneur and one of the main promoters of the use of Blockchain technology and crypto economy.
Gutemberg Dos Santos a couple of years ago sponsored an event in which the Guinness Record broke with the largest number of people playing Cash Flow, a game developed by Robert Kiyosaki. Today, Dos Santos shares some reflections that emerged on that occasion about what a good leader is.
A good leader is an excellent guide to reach common goals. If I want my team to work successfully I must share my skills and offer the best tools for their performance. I am also committed to strengthening the capabilities of each of the members and never assume that we all work the same as diversity enriches and complements the unit.
Sharing experiences. If I share my experiences with the rest of my team regarding the success and failures I have had in some projects, I will empathize with my team and together we will be able to reach the goals proposed for the company.
Listening. This part is essential for a business to
Motivating my team. I take my time to know my team, how old they are, what is their educational and socioeconomic level; what goals they pursue in the short and long term. This will help me find keywords that guide me to be empathetic with them and be able to have better communication.
Being proactive. When facing a difficult situation, I try to get the best out of it, without falling into frustration and rather detect alternative solutions. Trusting and being flexible. I am attentive to the capacities and strengths within my work team, this way I trust people in order to delegate tasks, likewise I am open to
For more information, please visit : www.gutembergds.com
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