Tag : Some

Some People Have a Therapist #best #business #banking


#business coach

#

Some People Have a Therapist. I Have a Business Coach.

We all have issues. For many people, those issues tend to be related to personal goals and problems, such as relationships and the like. For me, my anxiety, focus, goals and frustrations seem to mostly be around business.

So, while many people hire therapists, I have the business equivalent: a business coach.

I have been working with my coach, Alan Roby. for close to six years. We meet via phone for an hour, usually twice a month. He has helped me to not only transition myself from investment banker to a media and entrepreneurial hybrid, but he is a constant source of support.

While coaches can vary in price — from less than $100 to several hundred dollars or more per session — price shouldn t be the deciding factor. You want to find a coach who understands you and your business and that you are comfortable with, but also one that will push back on you, too. Hiring a yes man (or woman) won t produce a good return for your investment.

Getting recommendations can be a good place to start on your search for a coach. Also do some research online and then try out a few in a complimentary or low-cost initial session (which most coaches offer) to get a feel with whom you think would be the best fit for your needs.

Here s why I think that this type of business therapy is helpful and how you and your business can benefit from it.

I pay to only talk about me and my business

I m an advisor — it s the role I play in life. That role is so prevalent that for a while, my nickname was Lucy (a la The Dr. Is IN from the Peanuts cartoon). Personally and professionally, I give advice to solve other people s problems.

This means that most of the time, I am not focused on or talking about my development.

By paying a business coach, I get, for a full-hour at a time, to talk about and focus on nothing other than me, my problems, my opportunities, my goals and did I mention me? It forces me to schedule time to work on my own business, time that I would likely have spent helping someone else. This discipline has been invaluable in morphing my professional life and growing my business endeavors.

Additional business knowledge

While I do have many friends who would oblige listening to me if I asked, many don t understand business. So, their help isn t so helpful in problem solving. Having a savvy business person in my corner gives needed perspective, such as seeing the forest through the trees, so to speak, from someone whose input is relevant.

Consistency and history

Having a history of working together allows my coach to see patterns or to reference things and opportunities that I have mentioned in the past that I may have overlooked or even forgotten, but that could be helpful in the present and the future.

No BS

Because my coach is a paid advisor and not a friend, he will call me on the few occasions where I need to be called out. Friends, family and even colleagues are often hesitant to do this because they have a multi-faceted relationship with me and want to keep up the warm fuzzies in our interactions. The coaching relationship is aligned around helping me to succeed, which gives my coach more freedom to be honest and helpful.

No judgment

On the other side of the coin, I am also brutally honest with my coach, because I know that there is no judgment. I don t have to worry about hurting someone else s feelings or being vulnerable. Not that I am one to really be anything other than brutally honest, but I still feel like I have more liberty to deep-dive into the nitty-gritty of my moods, challenges, etc. because I know that he will help me to work through those, without having to worry about it making family dinner awkward.

So, whether you are seeking discipline, a forum to vent or even a sanity check without judgment, I recommend that you invest in a business coach to help your business get to the next level.



Denver Business Journal warns some renewal notices aren – t legit –

#denver business journal

#

Denver Business Journal warns some renewal notices aren t legit

The Denver Business Journal has alerted subscribers that they have no connection with United Publishers Network, a company sending out renewal notices for subscriptions that have not expired.

They are not authorized to offer our subscriptions. If you received one of these notices or phone calls, we suggest you ignore it, a message left on subscribers phones said Monday morning.

United Publishers Network is accused of improperly soliciting subscription renewals for magazines and newspapers, including the Denver Business Journal and other publications in the Charlotte, N.C.- based American City Business Journals newspaper chain.

ACBJ is attempting to determine how United Publishers Network obtained its subscriber list.

American City Business Journals parent company has our in-house counsel doing the due diligence right now to figure out exactly what we need to do to get these guys to stop, Denver Business Journal publisher Pete Casillas said, adding that UPN s solicitation is more or less a scam. In the meantime, our position has been to inform our subscribers that these folks are out there and to disregard their notes.

We do know that no credit-card information has been compromised, he said.

In the past three years, the Better Business Bureau has received 875 complaints against United Publishers Network, including 153 problems with the product/service and 371 billing/collection issues.

Carol Garton, vice president of marketing for the Better Business Bureau Denver/Boulder, said that United Publishers Network has an F rating from the BBB.

Consumers allege they receive bills from this company for magazines they currently have subscriptions for, implying it is time for renewal, Garton said. However, consumers claim the subscriptions are not expired, nor did they originally order through this company.

She said consumers alleged that United Publishers Network s renewal advertisement states it has the lowest renewal fee, but subscribers find that renewing directly through the publisher costs less. They also claim that the company charges a $20 processing fee to cancel renewals.

Garton said people who are solicited by phone or letter should always call the Business Journal they are working with and check to see what they received is an actual bill.

The Denver Business Journal said legitimate renewal notices and subscription offers will always display an official logo and ask that payments be sent to the company s service center in Charlotte. People with questions about their subscriptions can call 866-853-3661.

United Publishers Network did not respond to a request for comment.



Some analysts question whether Office Depot plan will rejuvenate company – Sun

#office depot business

#

Some analysts question whether Office Depot plan will rejuvenate company

Office Depot plans to close 300 more stores

Office Depot announced Wednesday plans to close 300 more stores nationwide over three years. CEO Roland Smith said the company is making good progress despite the disruption from the year-and-a-half long merger attempt with Staples.

Office Depot announced Wednesday plans to close 300 more stores nationwide over three years. CEO Roland Smith said the company is “making good progress” despite the disruption from the year-and-a-half long merger attempt with Staples.

Marcia Heroux Pounds Contact Reporter

Office Depot stock gets bounce but long-term turnaround in question

One day after Office Depot CEO Roland Smith offered his first glimpse at how he intends to turn around the Boca Raton-based retailer, some industry analysts said they were, for the most part, not wowed by the plans.

They agreed, though, Smith had done what he had to do to boost Office Depot’s fallen stock.

Jefferies analyst Daniel Binder says Office Depot’s $250 million cost-savings plan, announced Wednesday, does little to really reinvent this company.

In his report on the retailer on Thursday, Binder said a second round of store closures 300 on top of the 400 already closed is, not surprisingly, part of the the new strategic plan.

Retail analyst David Marcotte said he also was not surprised by any of Smith’s cost-cutting or future plans. However, by initiating a dividend and announcing strategies that boosted the stock, Smith made a successful move to deal with investors in a very difficult market. At the end of the day, you have to take care of investors, Marcotte said.

Office Depot’s store of the future

Randy Vazquez / Sun Sentinel

Bethany Simpson, center, helps customers at the Office Depot in Margate on Wednesday. This location offers services such as professional printing and a business pro section that is designed to cater to business owners.

Bethany Simpson, center, helps customers at the Office Depot in Margate on Wednesday. This location offers services such as professional printing and a business pro section that is designed to cater to business owners.

(Randy Vazquez / Sun Sentinel)

Office Depot stock rose 6 percent on Wednesday and closed at $3.51, up 3 cents or 0.86 percent, on Thursday. The stock has a 52-week range of $3.11 to $8.09. In May, both Office Depot and Staples’ stocks plummeted after their failed merger.

Mike Baker, analyst with Deutsche Bank Research in New York, said in a report Thursday that Office Depot has a well thought-out and reasonable plan to improve their business trends. We think they are heading in the right direction.

Still, Deutsche maintains a hold on the stock because Office Depot continues to fight market-share losses that are leading to sales and profit declines. Jefferies also rates the stock a hold rating.

Beyond cost cutting, Office Depot also is launching Business Select, a special program to better serve small businesses; increasing its product line in janitorial and break-room supplies; and further investing in education-related sales.

Office Depot and Framingham-Mass.-based Staples ended their planned merger on May 16 after an 18-month challenge by regulators. A U. S. District Court judge gave the Federal Trade Commission a preliminary injunction to block the merger and Staples and Office Depot decided not to fight it.

Moving forward, Smith said one plan is to focus on smaller format stores with special services for small businesses and a curated selection of products. Four stores of the future have been rolled out, including one at 5500 W. Sample Road in Margate, he said.

Office Depot said it would expand the new format to 24 stores this year and 100 in 2017.

Marcotte said smaller stores are cheaper to run, with less labor, and easier to close if they don’t work out. The larger format stores that Office Depot currently has are expensive to close.

In its conference call Wednesday, Office Depot said it had expected a lower transfer rate of customers than the 30 percent it saw with the 400 stores it closed as of its second quarter.

While Office Depot swung to a quarterly profit compared with 2015’s second quarter loss, the retailer saw a 6 percent sales drop to $3.2 billion, compared with $3.4 billion in the same quarter in 2015.

Marcotte said rival Staples hasn’t instituted many changes since the merger failure, except dropping Staples Connect, its proprietary smart-home and office product. He said Staples already has smaller format stores.

Staples is scheduled to announce its second-quarter earnings on Aug. 17.

Longtime Staples CEO Ron Sargent stepped down June 14. Company veteran Shira Goodman was named interim CEO while executive recruiter Korn Ferry conducts a search for a permanent successor.

Office Depot lost one of its own top executives recently. Chief legal officer Elisa Garcia resigned, effective Aug. 17. Macy’s announced her appointment as its chief legal officer.



What are some good home-business ideas for a stay-at-home Indian woman? #best

#at home business ideas

#

There are many things you can do. Plus, you have the advantage of being more educated than your peers.

Firstly, I d suggest you to try and build an audience for yourself. The best way to get started with that would be to write a blog.

Do you have a hobby? Do you have a particular skill? You could help others pursue that hobby or learn that skill and make some profit from it too.

More often, we tend to have gained some skills by doing something, skills which complement the main thing. So, if you were a teacher, you d also to need to have good communication, crowd control and problem solving skills in addition of having the skill to teach. Try to explore these hidden skills of yours.

You mentioned that you had a child, did you pull off some clever skills or hacks while you were pregnant or your baby was growing up? Chances are many other women will also be in the same problem as you were in, write a book (eBook will be a good option here) detailing the problems and solutions you came up with. Sell it to the audience you have created. Initially, the money will not be that great, but if you keep coming up with good content and market yourself, there should be no problem in being able to run earn the money you want to.

Try reading new books, they help a lot. I recommend The $100 Startup. This book specifically profiles people who have earned around $50,000 a year doing things they love. Almost all the businesses mentioned here are not skill intensive and can be operated by anyone. Plus, the author also gives actionable advice on how and where to get started and what can you do to enjoy freedom and earn money.

Here s a list of what all you can do, according to me. Although, it would have been easier to answer this if you would have told, in which city you live and how much investment can you do. Still, I will try to do my best.

1. Teach what you know the best: Investment Banking — Apply in schools to teach commerce students of higher grades or apply in colleges. With industry exposure and experience I am sure you will easily get a job. Later, you can earn some extra money by giving tuitions in the evening. A teacher, teaching in a college and then giving tuitions can easily earn around 50,000.

2. Start Blogging: [ A lot of people below have listed blogging to earn money through Ads or affiliate marketing, but this will take time, it takes atleast 3 to 4 years to start earning a healthy amount through blogging and that too if you are regular blogger and understand lot many complexities like SEO, coding etc.]. Write about things that you understnad, you are at home, so you have time to research and read. Write your own articles and analysis about various mergers, economic trends, stock advices, etc etc. Publicise your blog through facebook and linkedin. Now use this as your customer base. Then start a separate consultancy and advisory. The way Google earns money. Give some services for free like research and analysis, in your case, and then earn from the presence of people. Later, with high traffic you will also be able to earn money from Ads. Also, if you will have a set of audience reading you per day, later you can also start writing for newspapers or magazines.

3. Start an Activity Centre: [ This is the reason, I asked how much investment you have. In both the options mentioned above, you will not need any investment but for this one, you will need an initial investment ]. Take a space on rent, or better if you have a hall and one room vacant in your home. Put 2 Pool tables, some table chair, an LCD or a Music system will also work, Free Wifi and provide some snacks. All this will cost around 2 lakhs of investment. Charge around Rs. 20 per person/per hour for the pool table. 8 people = Rs. 160. Assume that the shop remains operational for around 10 hours, our of which people play pool for say 5 hours, or for 5 hours the tables remain occupied. This will amount to Rs. 800. [Some times it may happen the tables are not fully occupied, that s why I decreased no of hours of occupancy. ] Provide snacks like, Masala Cola, Soda Lemon, Juice, French Fries, Burgers etc etc. They have high margin and it doesn t takes much expertise to make them. The free wifi and these snacks will make it a fun chill out and hang out place. People will come and spend time. Even if you will be able to make Rs. 400 from the snacks vertical. In aggregate you will be able make around Rs. 36,000 to Rs. 40,000 per month. Later you can expand to have a gym on the next floor or something.

4. Open up a Coaching Centre. This is similar to the 1st point. Education is the best business in India these days. One can easily earn Rs. 20,000 to 30,000 just by giving home tuitions in the evening, 4 to hours thats it. So you obviously will not give home tuitions, but open up your own coaching centre. Hire a teacher in the start, to teach subjects in which you are not very good. Preferably hire a college student as, they will be more enthusiastic and eager to teach and will charge less money, all they are concerned about is to make some extra bucks. Start with teaching commerce students, teach subjects that you know. May be 1st year you will not make much, but yes second year onwards you will have a decent income. And trust me this will rise exponentially. May be in 3 or 4 years, you will be earning much more than what you have expected above in the description, provided you give some good results and better branding.

5. Start Investing — You understand companies and you understand market. Start with a decent amount of Rs. 2 lakhs. Have a varied portfolio. With some technical analysis and a good knowledge, it wont be hard to make 20% return. And obviously later you will earn compounded returns. You will be able to make much more money after 2 or 3 years.

I hope some of these points will help and If any of these do work, then give me some tips on Investment Banking, or preferably teach me. P As, I want to be an Investment Banker and currently working in the same field. )



Denver Business Journal warns some renewal notices aren – t legit –

#denver business journal

#

Denver Business Journal warns some renewal notices aren t legit

The Denver Business Journal has alerted subscribers that they have no connection with United Publishers Network, a company sending out renewal notices for subscriptions that have not expired.

They are not authorized to offer our subscriptions. If you received one of these notices or phone calls, we suggest you ignore it, a message left on subscribers phones said Monday morning.

United Publishers Network is accused of improperly soliciting subscription renewals for magazines and newspapers, including the Denver Business Journal and other publications in the Charlotte, N.C.- based American City Business Journals newspaper chain.

ACBJ is attempting to determine how United Publishers Network obtained its subscriber list.

American City Business Journals parent company has our in-house counsel doing the due diligence right now to figure out exactly what we need to do to get these guys to stop, Denver Business Journal publisher Pete Casillas said, adding that UPN s solicitation is more or less a scam. In the meantime, our position has been to inform our subscribers that these folks are out there and to disregard their notes.

We do know that no credit-card information has been compromised, he said.

In the past three years, the Better Business Bureau has received 875 complaints against United Publishers Network, including 153 problems with the product/service and 371 billing/collection issues.

Carol Garton, vice president of marketing for the Better Business Bureau Denver/Boulder, said that United Publishers Network has an F rating from the BBB.

Consumers allege they receive bills from this company for magazines they currently have subscriptions for, implying it is time for renewal, Garton said. However, consumers claim the subscriptions are not expired, nor did they originally order through this company.

She said consumers alleged that United Publishers Network s renewal advertisement states it has the lowest renewal fee, but subscribers find that renewing directly through the publisher costs less. They also claim that the company charges a $20 processing fee to cancel renewals.

Garton said people who are solicited by phone or letter should always call the Business Journal they are working with and check to see what they received is an actual bill.

The Denver Business Journal said legitimate renewal notices and subscription offers will always display an official logo and ask that payments be sent to the company s service center in Charlotte. People with questions about their subscriptions can call 866-853-3661.

United Publishers Network did not respond to a request for comment.



Quizzing in India: What are some of the best business quiz questions

#business quiz

#

Personally, my favorite questions are those which have me wide-eyed and wondering –Seriously? – when the answer gets revealed. Two that come to my mind:

1. What will be offered by Kashi Vishwanath temple in association with Shri Prakash Raghuvanshi?

This was asked by Pickbrain at Tata Corporate Crucible, Gurgaon in Sept 12. Now I have spent the last 4 years in Banaras (location of the temple) and I honestly thought this question lame (I mean could be any offering- clothes, jewellery, left-over temple flowers, exotic sweets). Until the answer was announced:

Ans: PACKAGED MANURE (1)

2. X has had over 43 pets including 21 dogs, 12 horses, 3 ponies, 6 cats, a parrot, a chimpanzee, a panda, a lion cub, a giraffe and a zebra.
AND… 80 careers everything from a rock star to a paleontologist to a presidential candidate.

Question asked in a school quiz in Dubai several years ago. The guesses ranged from Arnold Schwarzenegger, some Arab Sheikh, Elvis Presley. One team actually came very close to the actual answer with Sarah Palin! (2) Of course, the answer was:

Hard to pick one, but here are some of my favourites:

1. In 1928, AT T s Western Electric established a division for the specific purpose of installing and servicing their loudspeakers and electronic products for motion picture use. Called E.R.P.I. (Electrical Research Products, Inc.), it was purchased as part of a consent decree in 1936 by a group of E.R.P.I. executives, including George Carrington, Sr. and Mike Conrow. They changed the name to All Technical Service Company .
How do we know this company today?

Ans. Altec ( All Tech ) Lansing.

2. A person with ___________ is open and available to others, affirming of others, does not feel threatened that others are able and good, for he or she has a proper self-assurance that comes from knowing that he or she belongs in a greater whole and is diminished when others are humiliated or diminished, when others are tortured or oppressed.
What modern-day product takes its name from the above mentioned philosophy mostly because it is based on the same principle?

3. Started in 1945 by two friends Burt X and Irv Y. with the merging of their respective individual shops, XY has since become one of the leading companies that sell Z. It is distinctly recognized by its logo which contains a number – signifying the number of varieties of the product it sells.

Its new logo, revealed in 2005, is hailed by many as one of the most innovative logos of all time for its clever inclusion of the above mentioned number into it.

Ans: Baskin-Robbins (X-Y) and if you don t know what they sell, I suggest you go out more often.

A few questions which I really liked.

1.After India became independent in 1947, the Planning Commission was entrusted to oversee and direct the development of the nation. India grew rapidly in the 1950s, and in the late 1950s the Commission started facing difficulties in finding suitable people for the large number of enterprises that were being established in India as a part of its industrial policy. To solve this problem, the Planning Commission in 1959 invited Professor George Robbins of the University of California. What resulted?

2. The name of this website stems from a Hindi phrase used on anyone who attempts to achieve the impossible. Started by Wharton graduate Allwin Agnel in 2003, its mascot is named ‘Monsieur Green’. Which website?

3. The following table gives the exchange rates of a certain currency in three different denominations. Identify what has been blanked out.

4. In what way is this photo of Lord Pethick Lawrence and Mahatma Gandhi, taken on April 18, 1946 significant to this day? (Question Courtesy: Navin Rajaram )

5. As a part of the Windows Vista makeover what did Microsoft add to the game Minesweeper (blanked out in the pic shown below) and why?

6. Shown below is a character from an unique language which caused an outrage from a certain group when it was dropped from Wikipedia’s official logo in 2010.Which Language?

7. This is Hannah Steller photographed by her older brother, Dustin Steller. The photo was originally uploaded to iStockphoto in August 2005 as a result of which, it made her immensely popular all over the world.
How/what is she known as?

8. It was discovered that defects in the sphere from knicks and scrapes of normal use, could provide it with a truer flight than a pure sphere. Thus,makers started creating intentional defects in the surface by hammering to give it an evenly dimpled shape which would cause it to have a more consistent flight. Funda behind what?

9.This is a letter sent to ‘Lady Gaga’ by the firm she had previously threatened to sue for a certain product. What was the product and the controversy?

Further to our letter of 9th March, we note that we have not heard back from you or from your client Lady Gaga despite your demands that we respond to your letter by 4.00pm on 9thMarch.

In fact you have not even confirmed receipt of the letter which was emailed and delivered to you by hand.

As you will have noted from the contents of that letter, the product your client described as ‘nausea-inducing’ and ‘possibly unfit for human consumption’ was given a clean bill by the authorities last week.

We are therefore seeking your permission to re-launch our ______ in a way which will not offend, upset or distress your client in any way. As such we are holding a ‘Name the Baby’ competition and asking for the approval of one of the following names.

10. In an interview to Walter Issacson, when asked about life and death, Steve Jobs said Sometimes I don t. It s 50-50. But ever since I ve had cancer I ve been thinking about it more, and I find myself believing a bit more. Maybe that s because I want to believe in an afterlife, that when you die it doesn t just all disappear. The wisdom you ve accumulated, somehow it just lives on.” He further added that he implemented this philosophy in his products. What feature or rather minimalism was implemented in Apple products because of this?

——
(Please answer in comments. I hope that the answers can be can be worked out by a combination of knowledge and by a few assumptions. I would add the answers after a few people have attempted)

I would also like to add the biz questions (Twitter, Campbell s Soup, Ambergris and Kit Kat mail) from my answer to What are some of the best quiz questions you ve seen to this list as well.



Some People Have a Therapist #business #dictionary


#business coach

#

Some People Have a Therapist. I Have a Business Coach.

We all have issues. For many people, those issues tend to be related to personal goals and problems, such as relationships and the like. For me, my anxiety, focus, goals and frustrations seem to mostly be around business.

So, while many people hire therapists, I have the business equivalent: a business coach.

I have been working with my coach, Alan Roby. for close to six years. We meet via phone for an hour, usually twice a month. He has helped me to not only transition myself from investment banker to a media and entrepreneurial hybrid, but he is a constant source of support.

While coaches can vary in price — from less than $100 to several hundred dollars or more per session — price shouldn t be the deciding factor. You want to find a coach who understands you and your business and that you are comfortable with, but also one that will push back on you, too. Hiring a yes man (or woman) won t produce a good return for your investment.

Getting recommendations can be a good place to start on your search for a coach. Also do some research online and then try out a few in a complimentary or low-cost initial session (which most coaches offer) to get a feel with whom you think would be the best fit for your needs.

Here s why I think that this type of business therapy is helpful and how you and your business can benefit from it.

I pay to only talk about me and my business

I m an advisor — it s the role I play in life. That role is so prevalent that for a while, my nickname was Lucy (a la The Dr. Is IN from the Peanuts cartoon). Personally and professionally, I give advice to solve other people s problems.

This means that most of the time, I am not focused on or talking about my development.

By paying a business coach, I get, for a full-hour at a time, to talk about and focus on nothing other than me, my problems, my opportunities, my goals and did I mention me? It forces me to schedule time to work on my own business, time that I would likely have spent helping someone else. This discipline has been invaluable in morphing my professional life and growing my business endeavors.

Additional business knowledge

While I do have many friends who would oblige listening to me if I asked, many don t understand business. So, their help isn t so helpful in problem solving. Having a savvy business person in my corner gives needed perspective, such as seeing the forest through the trees, so to speak, from someone whose input is relevant.

Consistency and history

Having a history of working together allows my coach to see patterns or to reference things and opportunities that I have mentioned in the past that I may have overlooked or even forgotten, but that could be helpful in the present and the future.

No BS

Because my coach is a paid advisor and not a friend, he will call me on the few occasions where I need to be called out. Friends, family and even colleagues are often hesitant to do this because they have a multi-faceted relationship with me and want to keep up the warm fuzzies in our interactions. The coaching relationship is aligned around helping me to succeed, which gives my coach more freedom to be honest and helpful.

No judgment

On the other side of the coin, I am also brutally honest with my coach, because I know that there is no judgment. I don t have to worry about hurting someone else s feelings or being vulnerable. Not that I am one to really be anything other than brutally honest, but I still feel like I have more liberty to deep-dive into the nitty-gritty of my moods, challenges, etc. because I know that he will help me to work through those, without having to worry about it making family dinner awkward.

So, whether you are seeking discipline, a forum to vent or even a sanity check without judgment, I recommend that you invest in a business coach to help your business get to the next level.



Quizzing in India: What are some of the best business quiz questions

#business quiz

#

Personally, my favorite questions are those which have me wide-eyed and wondering –Seriously? – when the answer gets revealed. Two that come to my mind:

1. What will be offered by Kashi Vishwanath temple in association with Shri Prakash Raghuvanshi?

This was asked by Pickbrain at Tata Corporate Crucible, Gurgaon in Sept 12. Now I have spent the last 4 years in Banaras (location of the temple) and I honestly thought this question lame (I mean could be any offering- clothes, jewellery, left-over temple flowers, exotic sweets). Until the answer was announced:

Ans: PACKAGED MANURE (1)

2. X has had over 43 pets including 21 dogs, 12 horses, 3 ponies, 6 cats, a parrot, a chimpanzee, a panda, a lion cub, a giraffe and a zebra.
AND… 80 careers everything from a rock star to a paleontologist to a presidential candidate.

Question asked in a school quiz in Dubai several years ago. The guesses ranged from Arnold Schwarzenegger, some Arab Sheikh, Elvis Presley. One team actually came very close to the actual answer with Sarah Palin! (2) Of course, the answer was:

Hard to pick one, but here are some of my favourites:

1. In 1928, AT T s Western Electric established a division for the specific purpose of installing and servicing their loudspeakers and electronic products for motion picture use. Called E.R.P.I. (Electrical Research Products, Inc.), it was purchased as part of a consent decree in 1936 by a group of E.R.P.I. executives, including George Carrington, Sr. and Mike Conrow. They changed the name to All Technical Service Company .
How do we know this company today?

Ans. Altec ( All Tech ) Lansing.

2. A person with ___________ is open and available to others, affirming of others, does not feel threatened that others are able and good, for he or she has a proper self-assurance that comes from knowing that he or she belongs in a greater whole and is diminished when others are humiliated or diminished, when others are tortured or oppressed.
What modern-day product takes its name from the above mentioned philosophy mostly because it is based on the same principle?

3. Started in 1945 by two friends Burt X and Irv Y. with the merging of their respective individual shops, XY has since become one of the leading companies that sell Z. It is distinctly recognized by its logo which contains a number – signifying the number of varieties of the product it sells.

Its new logo, revealed in 2005, is hailed by many as one of the most innovative logos of all time for its clever inclusion of the above mentioned number into it.

Ans: Baskin-Robbins (X-Y) and if you don t know what they sell, I suggest you go out more often.

A few questions which I really liked.

1.After India became independent in 1947, the Planning Commission was entrusted to oversee and direct the development of the nation. India grew rapidly in the 1950s, and in the late 1950s the Commission started facing difficulties in finding suitable people for the large number of enterprises that were being established in India as a part of its industrial policy. To solve this problem, the Planning Commission in 1959 invited Professor George Robbins of the University of California. What resulted?

2. The name of this website stems from a Hindi phrase used on anyone who attempts to achieve the impossible. Started by Wharton graduate Allwin Agnel in 2003, its mascot is named ‘Monsieur Green’. Which website?

3. The following table gives the exchange rates of a certain currency in three different denominations. Identify what has been blanked out.

4. In what way is this photo of Lord Pethick Lawrence and Mahatma Gandhi, taken on April 18, 1946 significant to this day? (Question Courtesy: Navin Rajaram )

5. As a part of the Windows Vista makeover what did Microsoft add to the game Minesweeper (blanked out in the pic shown below) and why?

6. Shown below is a character from an unique language which caused an outrage from a certain group when it was dropped from Wikipedia’s official logo in 2010.Which Language?

7. This is Hannah Steller photographed by her older brother, Dustin Steller. The photo was originally uploaded to iStockphoto in August 2005 as a result of which, it made her immensely popular all over the world.
How/what is she known as?

8. It was discovered that defects in the sphere from knicks and scrapes of normal use, could provide it with a truer flight than a pure sphere. Thus,makers started creating intentional defects in the surface by hammering to give it an evenly dimpled shape which would cause it to have a more consistent flight. Funda behind what?

9.This is a letter sent to ‘Lady Gaga’ by the firm she had previously threatened to sue for a certain product. What was the product and the controversy?

Further to our letter of 9th March, we note that we have not heard back from you or from your client Lady Gaga despite your demands that we respond to your letter by 4.00pm on 9thMarch.

In fact you have not even confirmed receipt of the letter which was emailed and delivered to you by hand.

As you will have noted from the contents of that letter, the product your client described as ‘nausea-inducing’ and ‘possibly unfit for human consumption’ was given a clean bill by the authorities last week.

We are therefore seeking your permission to re-launch our ______ in a way which will not offend, upset or distress your client in any way. As such we are holding a ‘Name the Baby’ competition and asking for the approval of one of the following names.

10. In an interview to Walter Issacson, when asked about life and death, Steve Jobs said Sometimes I don t. It s 50-50. But ever since I ve had cancer I ve been thinking about it more, and I find myself believing a bit more. Maybe that s because I want to believe in an afterlife, that when you die it doesn t just all disappear. The wisdom you ve accumulated, somehow it just lives on.” He further added that he implemented this philosophy in his products. What feature or rather minimalism was implemented in Apple products because of this?

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(Please answer in comments. I hope that the answers can be can be worked out by a combination of knowledge and by a few assumptions. I would add the answers after a few people have attempted)

I would also like to add the biz questions (Twitter, Campbell s Soup, Ambergris and Kit Kat mail) from my answer to What are some of the best quiz questions you ve seen to this list as well.



What are some profitable business ideas to start in a small town?

#profitable business ideas

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you can have the best idea in the world, but if people don t care. you won t make a dime!

i m in a facebook mastermind group, and i asked what stopped everyone in the group from starting their own business, and most of the responses were.

i have no idea

my friend had a difficult time starting his business. he kept complaining to me how he doesn t have any good business ideas. he was waiting for the perfect idea to fall on his lap.

so i told him to not wait for the perfect idea. just start with a boring idea that has DEMAND.

so i gave him my 5 day business formula to find an idea, test demand, and get people to send him money.

he applied my formula, and in 5 days he got 5 sales. with no product, and no website! he just posted on facebook and got 5 people to send him money.

he applied it in other areas as well, and it also works! it works for online, offline, physical products, or even local services.

he finally realized that at the end of the day, its not about finding the perfect idea. its about starting with a boring idea and test if there s demand — test if people are willing to pay for your idea.

you can have a perfect idea, but if there s no demand. it doesnt matter. it will never take off!

you dont need to start a HUGE company like google or facebook on day one! just start something small. and then slowly grow from there.

the 5 day business formula is something that i ve used before but have never thought about teaching to anyone. it s something similar from the lean startup and the startup weekend methodology where you build a minimum viable product. except that my process doesn t involve building a product or even a website. you use what i call lightweight testing to test your idea without investing alot of time or money into it.

i ve used it to test a local food delivery service, web freelance service, and other types of businesses and product ideas.

its a useful way to test your business idea without spending any money or time on building a product, or a website.

it goes something like this:

1. brainstorm a list of ideas. a minimum of 20 ideas is good. it doesnt matter if its a good or a bad idea. at this stage, you re just listing down all kinds of ideas. (ideas are all around you. see what products people are currently buying.)

2. afterwards, you do some research. is there demand for your idea? you can talk to people, do kw research, or use my eavesdropping technique. http://www.hustletothetop .com/ge.

3. if there s no demand, you go back and choose a different idea from your list and test it again until you find an idea that has demand.

4. if there is demand, you simply get people to pay you money to validate whether your idea is something that people are willing to pay for or not! its not enough that people say yes . see if they pay! it doesnt even have to be the full amount. if they pay, then you have a validated business idea.

5. then you manually deliver the product or service. if you dont have a product, you do dropshipping.

6. once you have a validated idea — ie. 3 to 10 sales — that people are willing to pay for. then you reinvest your profits into the business — build a website, etc — and create systems to automate and systemize your business so that the business works FOR you.

thats just the gist of it. you can use it to start a niche online business, or a local offline service business to earn some money on the side.

1. ideas are worthless. it s all about execution and demand! dont waste time waiting for the perfect idea to fall on your lap. just start with a boring idea and test if there is DEMAND. at the end of the day you ll make more money with a boring idea that has demand, instead of chasing after the mythical perfect idea that will never happen.

2. you dont have to start something new. just copy what other businesses or products that are already selling well. customers pay for products or services that solve their problem. they dont pay for you to have a unique business idea.

3. if you cant beat them, join them. instead of working against your competitor, why not work together. they already have the hot selling product. just help them to sell it while you split the profit. that s how i first started my online business in the tourism niche.

The last part of your question start in a small town creates the impression that your physical location is a determining factor in your choice of business ideas.

With the technology we have available today you can stay in a small town, however, and access a global market – serving customers who do not necessarily live in or visit your town. This opens more opportunities that definitely can be more profitable.

One business idea is to sell software solutions that will help people work smarter instead of harder.

In a related post you will see the reasons why you do not need technical knowledge, a technical team or up-front capital to pursue this business idea.

You can focus all your efforts on marketing existing solutions and/or you can create your own solutions.

Practical steps you can take:

  1. Find an itch in the market that needs scratching . This is the key success factor and it will determine the probability of achieving success. If you can identify a need and solve it, well, then you are in business.
  2. Create (or clone) a simple yet effective solution for this itch .
  3. Market your solution. The better your solution scratches an itch , the easier marketing should become.

This business will require some effort up-front, but after selling your first solution you ll start earning recurring income – without much additional effort.

Plus, you can stay in a small town with all the benefits of a close-knit community without being restricted to their spending potential.



What are some good home-business ideas for a stay-at-home Indian woman? #minority

#at home business ideas

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There are many things you can do. Plus, you have the advantage of being more educated than your peers.

Firstly, I d suggest you to try and build an audience for yourself. The best way to get started with that would be to write a blog.

Do you have a hobby? Do you have a particular skill? You could help others pursue that hobby or learn that skill and make some profit from it too.

More often, we tend to have gained some skills by doing something, skills which complement the main thing. So, if you were a teacher, you d also to need to have good communication, crowd control and problem solving skills in addition of having the skill to teach. Try to explore these hidden skills of yours.

You mentioned that you had a child, did you pull off some clever skills or hacks while you were pregnant or your baby was growing up? Chances are many other women will also be in the same problem as you were in, write a book (eBook will be a good option here) detailing the problems and solutions you came up with. Sell it to the audience you have created. Initially, the money will not be that great, but if you keep coming up with good content and market yourself, there should be no problem in being able to run earn the money you want to.

Try reading new books, they help a lot. I recommend The $100 Startup. This book specifically profiles people who have earned around $50,000 a year doing things they love. Almost all the businesses mentioned here are not skill intensive and can be operated by anyone. Plus, the author also gives actionable advice on how and where to get started and what can you do to enjoy freedom and earn money.

Here s a list of what all you can do, according to me. Although, it would have been easier to answer this if you would have told, in which city you live and how much investment can you do. Still, I will try to do my best.

1. Teach what you know the best: Investment Banking — Apply in schools to teach commerce students of higher grades or apply in colleges. With industry exposure and experience I am sure you will easily get a job. Later, you can earn some extra money by giving tuitions in the evening. A teacher, teaching in a college and then giving tuitions can easily earn around 50,000.

2. Start Blogging: [ A lot of people below have listed blogging to earn money through Ads or affiliate marketing, but this will take time, it takes atleast 3 to 4 years to start earning a healthy amount through blogging and that too if you are regular blogger and understand lot many complexities like SEO, coding etc.]. Write about things that you understnad, you are at home, so you have time to research and read. Write your own articles and analysis about various mergers, economic trends, stock advices, etc etc. Publicise your blog through facebook and linkedin. Now use this as your customer base. Then start a separate consultancy and advisory. The way Google earns money. Give some services for free like research and analysis, in your case, and then earn from the presence of people. Later, with high traffic you will also be able to earn money from Ads. Also, if you will have a set of audience reading you per day, later you can also start writing for newspapers or magazines.

3. Start an Activity Centre: [ This is the reason, I asked how much investment you have. In both the options mentioned above, you will not need any investment but for this one, you will need an initial investment ]. Take a space on rent, or better if you have a hall and one room vacant in your home. Put 2 Pool tables, some table chair, an LCD or a Music system will also work, Free Wifi and provide some snacks. All this will cost around 2 lakhs of investment. Charge around Rs. 20 per person/per hour for the pool table. 8 people = Rs. 160. Assume that the shop remains operational for around 10 hours, our of which people play pool for say 5 hours, or for 5 hours the tables remain occupied. This will amount to Rs. 800. [Some times it may happen the tables are not fully occupied, that s why I decreased no of hours of occupancy. ] Provide snacks like, Masala Cola, Soda Lemon, Juice, French Fries, Burgers etc etc. They have high margin and it doesn t takes much expertise to make them. The free wifi and these snacks will make it a fun chill out and hang out place. People will come and spend time. Even if you will be able to make Rs. 400 from the snacks vertical. In aggregate you will be able make around Rs. 36,000 to Rs. 40,000 per month. Later you can expand to have a gym on the next floor or something.

4. Open up a Coaching Centre. This is similar to the 1st point. Education is the best business in India these days. One can easily earn Rs. 20,000 to 30,000 just by giving home tuitions in the evening, 4 to hours thats it. So you obviously will not give home tuitions, but open up your own coaching centre. Hire a teacher in the start, to teach subjects in which you are not very good. Preferably hire a college student as, they will be more enthusiastic and eager to teach and will charge less money, all they are concerned about is to make some extra bucks. Start with teaching commerce students, teach subjects that you know. May be 1st year you will not make much, but yes second year onwards you will have a decent income. And trust me this will rise exponentially. May be in 3 or 4 years, you will be earning much more than what you have expected above in the description, provided you give some good results and better branding.

5. Start Investing — You understand companies and you understand market. Start with a decent amount of Rs. 2 lakhs. Have a varied portfolio. With some technical analysis and a good knowledge, it wont be hard to make 20% return. And obviously later you will earn compounded returns. You will be able to make much more money after 2 or 3 years.

I hope some of these points will help and If any of these do work, then give me some tips on Investment Banking, or preferably teach me. P As, I want to be an Investment Banker and currently working in the same field. )