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Digg it UP - Transitioning Your Career Toward the New E-conomy: Part II
Nine Trade Secrets You Should Keep To Your Self
Business competitors are not meant to be relied upon. Of course, there are instances of healthy competition and you may even be friends with your competitors. Nonetheless, all competitors want to know the trade secrets of their opponents. As a result, be careful, no matter how cordial your relations are with your competitors; never ever reveal your business secrets to them.Let’s look at some of the most common trade secrets that you should keep from your competitor:1. New products – Any changes that you make in your product or service line should be kept under wraps till you are ready to reveal it to the public at large. Otherwise, you never know, maybe your competitor would beat you to it. These new changes, could take the form of new products that you may be launching or closing off some earlier ones etc.2. Pricing strategy – Everyone uses a customised strategy to decide the price of their goods and services. It would be fatal to reveal this to competition, which of course would be ready to give an arm and a leg for it. This is also illegal and thus
ra-curricular activities, and of course reliabBusiness competitors are not meant to be relied upon. Of course, there are instances of healthy competition and you may even be friends with your competitors. Nonetheless, all competitors want to know the trade secrets of their opponents. As a result, be careful, no matter how cordial your relations are with your competitors; never ever reveal your business secrets to them.Let’s look at some of the most common trade secrets that you should keep from your competitor:1. New products – Any changes that you make in your product or service line should be kept under wraps till you are ready to reveal it to the public at large. Otherwise, you never know, maybe your competitor would beat you to it. These new changes, could take the form of new products that you may be launching or closing off some earlier ones etc.2. Pricing strategy – Everyone uses a customised strategy to decide the price of their goods and services. It would be fatal to reveal this to competition, which of course would be ready to give an arm and a leg for it. This is also illegal and thus
Telecom Billing
The old types of post-paid telephone bills, printed in fixed formats and delivered through postal services, are fast yielding way to prepaid billing and online payment options. With advancements taking place in various modes of telecommunication and the voice, data or wireless technologies coming with new features, telecom service providers have to keep pace with the rapidly changing technologies and thereby coordinate the printing, designing, formatting and the delivery of the bills.The telecom services vendors are providing new Telecom Billing solutions to their customers, with easy-to-understand formats and deliveries in tune with the type of service. Non-usage charges like equipment, line charges and one-time fees can also be allocated through the use of billing. Various types of billing software are available in the market, and you can use them to collect data from different telecom sources for centralized presentation. This data may include call details from various telephone systems, wireless carriers and calling card vendors. Efforts are made to minimize w
Generally speaking, the IT industry is young compared to other disciplines such as medicine and law. Employers are often more concerned with work experience, enthusiasm, achievement, extra-curricular activities, and of course reliabiThe old types of post-paid telephone bills, printed in fixed formats and delivered through postal services, are fast yielding way to prepaid billing and online payment options. With advancements taking place in various modes of telecommunication and the voice, data or wireless technologies coming with new features, telecom service providers have to keep pace with the rapidly changing technologies and thereby coordinate the printing, designing, formatting and the delivery of the bills.The telecom services vendors are providing new Telecom Billing solutions to their customers, with easy-to-understand formats and deliveries in tune with the type of service. Non-usage charges like equipment, line charges and one-time fees can also be allocated through the use of billing. Various types of billing software are available in the market, and you can use them to collect data from different telecom sources for centralized presentation. This data may include call details from various telephone systems, wireless carriers and calling card vendors. Efforts are made to minimize w
Let's Form A Committee
"Let's form a committee!" When you hear these words during a public meeting, a warning light should start flashing, for more often than not Parkinson's law may be coming into play. One of the many precepts from this law states that work expands so as to fill the time available for its completion. It was first articulated by C. Northcote Parkinson, a British scholar, in the book "Parkinson's Law: The Pursuit of Progress," (London, John Murray, 1958). Based on extensive experience in the British Civil Service system, his scientific observations noted, among other things, that as the British empire declined, the number of employees at the colonial office increased. Parkinson claimed this was caused by two forces: One, officials want to multiply subordinates, not rivals; and two, officials make work for each other.Among many other things, his law is also used to refer to a derivative of the original law relating to computers; namely, data expands to fill the space available for storage (see Moore's Law).Verification of this law is most readily found in governmen
ompared to other disciplines such as medicine and law. Employers are often more concerned with work experience, enthusiasm, achievement, extra-curricular activities, and of course reliab"Let's form a committee!" When you hear these words during a public meeting, a warning light should start flashing, for more often than not Parkinson's law may be coming into play. One of the many precepts from this law states that work expands so as to fill the time available for its completion. It was first articulated by C. Northcote Parkinson, a British scholar, in the book "Parkinson's Law: The Pursuit of Progress," (London, John Murray, 1958). Based on extensive experience in the British Civil Service system, his scientific observations noted, among other things, that as the British empire declined, the number of employees at the colonial office increased. Parkinson claimed this was caused by two forces: One, officials want to multiply subordinates, not rivals; and two, officials make work for each other.Among many other things, his law is also used to refer to a derivative of the original law relating to computers; namely, data expands to fill the space available for storage (see Moore's Law).Verification of this law is most readily found in governmen
3 Steps to Equipment Financing Success
Mortgage Brokers interested in adding equipment financing to their revenues can do so by following 3 easy steps.Starting a commercial equipment financing business can be a doubly successful endeavour for mortgage brokers because it can generate a new income stream as well as open up more doors for building their existing mortgage business. Also, financing equipment can be a good stepping stone for a mortgage broker into the more complicated world of project & commercial property finance. With good commissions available, this area should be of interest to the expanding mortgage broker's business.While the thought of commencing a new business venture can be a daunting one success will come from having sound procedures and practices. A small amount of work initially will quickly help you to determine if there is a business opportunity, and if there is - how to go about taking advantage of it.1. Establish your footings.Initially using a broad brush you need to determine if there is an immediate opportunity for you in finan
nd law. Employers are often more concerned with work experience, enthusiasm, achievement, extra-curricular activities, and of course reliabMortgage Brokers interested in adding equipment financing to their revenues can do so by following 3 easy steps.Starting a commercial equipment financing business can be a doubly successful endeavour for mortgage brokers because it can generate a new income stream as well as open up more doors for building their existing mortgage business. Also, financing equipment can be a good stepping stone for a mortgage broker into the more complicated world of project & commercial property finance. With good commissions available, this area should be of interest to the expanding mortgage broker's business.While the thought of commencing a new business venture can be a daunting one success will come from having sound procedures and practices. A small amount of work initially will quickly help you to determine if there is a business opportunity, and if there is - how to go about taking advantage of it.1. Establish your footings.Initially using a broad brush you need to determine if there is an immediate opportunity for you in finan
Tips on Creating Your Small Business Yellow Page Ad
First, a few words about my qualifications. I was a Yellow Page consultant for nearly 25 years and, prior to that, had my own advertising agency. I also have a degree in marketing. I’ve been designing Yellow Page ads for the past three decades. So I have experience in creating ads and have advised almost 7000 companies on how to put together the most effective ones. If you have a display or in-column ad, regardless of size, color or position, I can tell you it most probably needs improvement in essentials areas like the headline, artwork, body text, placement, book, or heading. So, whether you have an ad or are thinking about placing one, please read on.The small, home-based business was the backbone of our directory. Because they wanted to target a localized market area, the Yellow Pages was ideal. It allowed them to choose the heading, the directory and work within their budget. So, assuming that you are like them, how should you proceed? I’m so glad you asked. Here are a few things that every successful ads should contain, regardless of size. That is, if you de
h work experience, enthusiasm, achievement, extra-curricular activities, and of course reliabFirst, a few words about my qualifications. I was a Yellow Page consultant for nearly 25 years and, prior to that, had my own advertising agency. I also have a degree in marketing. I’ve been designing Yellow Page ads for the past three decades. So I have experience in creating ads and have advised almost 7000 companies on how to put together the most effective ones. If you have a display or in-column ad, regardless of size, color or position, I can tell you it most probably needs improvement in essentials areas like the headline, artwork, body text, placement, book, or heading. So, whether you have an ad or are thinking about placing one, please read on.The small, home-based business was the backbone of our directory. Because they wanted to target a localized market area, the Yellow Pages was ideal. It allowed them to choose the heading, the directory and work within their budget. So, assuming that you are like them, how should you proceed? I’m so glad you asked. Here are a few things that every successful ads should contain, regardless of size. That is, if you de
Acquire New Business
A major part of keeping profitable and growing your business is maintaining a focus on business development. Even when you've got the right mix of work, clients and employees you should be looking for new opportunities. You could establish a process to do this whilst ensuring your existing customers don't get neglected. The process helps you manage new business opportunities in a cost- and time-effective manner.Generate leads Identify the types of companies you want to work with and a realistic number of companies you want to target over a given period of time. For example: an accountant with experience in the marketing industry might decide to target five opportunities per month focussed on marketing consultancies.Finding potential clients and identifying new opportunities can be done through networking events, tenders listed in newspapers and industry magazines and headlines in newspapers about new projects and industry seminars. Keep an eye on your industry and stay aware of new developments.Track the companies you approach
ra-curricular activities, and of course reliability rather than degree content. Aline Cumming, a consultant in IT and Education suggests that career changers need not worry about having a first degree in IT or Computer Science, citin
A major part of keeping profitable and growing your business is maintaining a focus on business development. Even when you've got the right mix of work, clients and employees you should be looking for new opportunities. You could establish a process to do this whilst ensuring your existing customers don't get neglected. The process helps you manage new business opportunities in a cost- and time-effective manner.Generate leads Identify the types of companies you want to work with and a realistic number of companies you want to target over a given period of time. For example: an accountant with experience in the marketing industry might decide to target five opportunities per month focussed on marketing consultancies.Finding potential clients and identifying new opportunities can be done through networking events, tenders listed in newspapers and industry magazines and headlines in newspapers about new projects and industry seminars. Keep an eye on your industry and stay aware of new developments.Track the companies you approach
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