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Showing posts from March, 2016

10 Daily Habits That Will Make You a Millionaire

You have to pay the cost if you want to be the boss. The cost is discipline. No leader can achieve success without a certain level of discipline. A disciplined person is willing and able to give up short-term pleasure to achieve long-term gains. Of course, becoming disciplined requires you to have daily habits. Only disciplined people with habits can turn their lives around. Habits can change the direction of our lives. While some people have pitiful habits, like gossiping; others have powerful ones, like praising others. No matter who you are or where you came from, your habits can make or break you. What are your habits? Where are they leading you? People ask me all the time, “What are your daily habits? What time do you wake up? What do you do when you get up in the morning?” These questions make me chuckle because I used to ask the same questions when I started my journey to success. The only difference between you and I is that you’re actually getting the answers right

Here's What Flipkart & Snapdeal Need to Focus on Before Arguing

Repeating the events of last year and showcasing their petty rivalry once again, Snapdeal founder Kunal Bahl and Flipkart founder Sachin Bansal had a verbal spat of words over investment giant Alibaba’s proposal to enter India directly. Sachin Bansal tweeted saying, “Alibaba deciding to start operations directly shows how badly their Indian investments have done so far" to which Kunal tweeted saying “Didn't Morgan Stanley just flush 5bn worth market cap in Flipkart down the (toilet emoji)? Focus on ur business not commentary :)” All humor and immaturity in washing dirty linen in public aside, the Tweets exchanged do highlight some valid points. Both arch rivals working in exactly the same industry already share a common ground of complains and have several issues that can be addressed. There is a lot of room for improvement and instead of focusing on taking jabs at each other, here are a few fields where technologically both giants can grow and mature at: Feedback

The 3 Worst Negotiation Mistakes Young Entrepreneurs Make, And How To Avoid Them

When you’re an entrepreneur, almost everything is a negotiation. You negotiate with everyone from clients to partners and even employees sometimes. Negotiation is a fundamental part of the entrepreneurial experience. Unfortunately, many entrepreneurs fall victim to mistakes that make them incredibly poor negotiators. Over my past five years as the CEO of  BodeTree , I’ve not only witnessed these mistakes play out; I’ve made a number of them myself. Fortunately, it’s never too late to identify these mistakes and change direction. Here are the top three reasons you’re failing as a negotiator, and how to overcome them. You’re greedy Nothing can derail a negotiation more quickly than greed. If one party pushes for too much or is too aggressive, the relationships between those involved grows sour, and the negotiation can go south. I’m a firm believer that there’s no such thing as “not personal, strictly business.” All business is personal, and emotions run high. It’s only natura

Social Media Trends to Look Out For in 2016

Digital marketers keep on looking out for new trends emerging every year to tap into the vast unexplored market. If we look at a potential customer, he/she is networking into an array of social channels, through multiple devices and platforms in one or the other way. Businesses try hard to engage and grow consumers through these mediums. Here are a few social media trends expected to make impact this calendar year. Snapchat: This app has taken the world by storm, and is a powerful social networking channel for businesses looking to engage the millennial generation. The digitally savvy audience has already started sharing pictures, videos and other media with this app. The selling point of application for businesses would be the feature where it provides an expiration date to the content you post, which the audience are attracted towards. Such types of custom content, which run only for a defined period of time in the form of teasers, trailers about upcoming products, would su

How Do You Bring Investors Into Your Business? Very Carefully.

As part of his tax and legal tips video series,  Entrepreneur Network partner Mark Kohler  today talks about techniques to get investors onboard when starting your business. He say that it's paramount that you understand the terms you're using when you're bringing others into the mix and using their money to get started.  Watch the video to learn the subtle differences between lenders, investors (silent partners especially) and partners before you approach them with your game plan, and check out Kohler's new book,  The Tax and Legal Playbook , at Entrepreneur's online bookstore. 

In Business, Risk Never Goes Away, It Simply Evolves

One thing I’ve learned along my entrepreneurial journey is that business is evolutionary. Risk in particular, never really goes away. In just evolves and takes new and different forms. To understand the evolutionary nature of risk is to understand the lifecycle of your business. Good leaders understand the how risk changes and can focus their skills and efforts accordingly. While there are an infinite number of different risk phases that business will go through over the course of its life, I think that there are three main “epochs” to which every business owner can relate. Each has its set of challenges and opportunities, and it’s incredibly important for entrepreneurs to recognize where they stand about them. Existential Risk The first risk epoch is existential in nature. This occurs during the early stages of business when entrepreneurs have to prove out the viability of their product or service. During this period, the primary focus of the business is the determination of w

Apple Introduces 9.7-inch iPad Pro

Breakthrough Pro Features & Advanced Display Technologies Come to the Most Popular iPad Size CUPERTINO, California — March 21, 2016 — Apple® today introduced the all-new 9.7-inch iPad Pro™ — at just under one pound it features a new pro Retina® display with greater brightness, wider color gamut, lower reflectivity, Night Shift™ mode and introduces new True Tone® display technology to dynamically adjust white balance. The new iPad Pro delivers incredible performance with the 64-bit A9X chip that rivals most portable PCs, along with a four-speaker audio system that is twice as powerful,¹ new 12-megapixel iSight® camera for shooting Live Photos™ and 4K video, 5-megapixel FaceTime® HD camera, and faster wireless technologies. And iPad Pro includes support for the breakthrough Apple Pencil™ and a new Smart Keyboard™ cover designed to fit the new 9.7-inch iPad Pro. “iPad Pro is a new generation of iPad that is indispensable and immersive, enabling people to be more producti

Apple Introduces iPhone SE — The Most Powerful Phone with a Four-inch Display

Featuring A9 Chip, Advanced 12-Megapixel iSight Camera & Apple Pay CUPERTINO, California — March 21, 2016 — Apple® today introduced iPhone® SE, the most powerful phone with a four-inch display, in a beloved compact aluminum design that has been updated with matte-chamfered edges, a color-matched stainless steel Apple logo, and four gorgeous metallic finishes, including rose gold. iPhone SE offers exceptional performance with the same 64-bit A9 chip offered in iPhone 6s and iPhone 6s Plus for blazing fast speeds, longer battery life, faster wireless, a 12-megapixel iSight® camera featuring Live Photos™ and 4K video, and Touch ID® with Apple Pay®. “iPhone SE is an exciting new idea — we started with a beloved, iconic design and reinvented it from the inside out. The result is the most beautiful and powerful phone with a four-inch display in the world,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. “iPhone SE is packed with a stunning four-i