Skip to main content

Posts

12 Tools for Running Your Business From Anywhere in the World (Infographic)

Internet access is transforming how companies recruit talent and how tolerant employees are of commutes. The right tools make everyone happier. Telecommuting and working remotely was once reserved for trendy Silicon Valley based startups, but these days it’s more of a common occurrence. In fact, 37 percent of Americans worked from home last year.  It has benefits both sides love -- the company gets to reduce operating costs and the employee eliminates long commutes, providing them with more personal and family time. The internet is entirely responsible for how businesses operate these days. Whether you operate a large company with hundreds of employees, or you are a solopreneur building a small team, you can leverage online tools and software to run your business from anywhere in the world. There are no geographical limitations, provided you have an internet connection. There are several options when it comes to cloud-based tools and SaaS (software-as-a-service) applications

Want to make India an electronic-manufacturing hub: IT Minister Ravi Shankar Prasad

We want to make India an electronic-manufacturing hub, Union Electronics and IT Minister Ravi Shankar Prasad said on Wednesday, while detailing to the media the key decisions he took in a meeting with Union Finance Minister Arun Jaitley. We want to make India an electronic-manufacturing hub, Union Electronics and IT Minister Ravi Shankar Prasad said on Wednesday, while detailing to the media the key decisions he took in a meeting with Union Finace Minister  Arun Jaitley . Prasad said, “We have as many as 108 crore mobile phones in the country and we had requested Arun Jaitley ji that they should be manufactured in India only. And as it is there is zero duty in India for it due to international obligations. We had also been given duty differential.” “In the last one-and-a-half years, as many as 42 mobile manufacturing companies have entered the market. And 30 component manufacturing companies have also come. Proposals worth Rs. 26,000 crore have come and the best companies of

Why Entrepreneurs Need to H.A.L.T. Before Making Important Decisions

Entrepreneurship is a journey that often illuminates parts of your personality that you may have been unable or unwilling to see in yourself. Throughout my six years as the CEO of  BodeTree , I’ve certainly learned  a lot about myself. One such realization is that I am a naturally stressed-out person. People who don’t know me well might be surprised by this revelation. The truth, however, is that as long as I can remember, I’ve been a worrier who thrives on stress. Over the years I learned to both mask this stress and turn it to my advantage. As a leader, I often take on the stress of others upon myself and use it to fuel my ambition. This internalization of stress has enabled me to (hopefully) cultivate a team where people are relaxed enough to perform at their peak. Or, so I thought. I’ve come to see, however, that my approach to stress only took me so far. By always taking the burdens of the world onto my shoulders, I built up a powerful reserve of pent-up stress t

Digital Twins and AI Help Extract Maximum Value in the Industrial IoT

It is essential for Indian industries to understand the worth of amalgamating Internet of Things and Artificial Intelligence together. This symbiotic mashup has a string of industrial advantages which should be explored, as India moves towards the next industrial revolution. Entrepreneur spoke to  Babu Narayanan, Senior Principal Scientist, Software & Analytics at General Electric  on the benefits of integrating artificial intelligence with Internet of Things, in the industrial context. When asked about the novelty of this phenomenon, Narayanan said that the concept of integration of AI and IoT in the industrial context is new throughout the world. “The Digital Twin is the foundational concept here – a continuously improving digital replica of a physical system that can predict future events and help optimize operations. We want to push the industry towards zero unplanned downtime & always optimized systems. In big industrial plants, a single day of downtime or savings

In big boost to Modi govt, UN report says, India’s economy projected to grow by 7.7%

India is projected to grow by 7.7 per cent in fiscal 2017, remaining the fastest growing large developing economy, as it benefits from strong private consumption and gradual introduction of significant domestic reforms, a United Nations report said. The World Bank decelerated India’s GDP growth for 2016-17 fiscal to 7 per cent from its previous estimate of 7.6 per cent citing the impact of demonetisation. India is projected to grow by 7.7 per cent in fiscal 2017, remaining the fastest growing large developing economy, as it benefits from strong private consumption and gradual introduction of significant domestic reforms, a United Nations report said. The United Nations World Economic Situation and Prospects (WESP) 2017 report launched today said India’s economy is projected to grow by 7.7 per cent in fiscal year 2017 and 7.6 per cent in 2018, benefiting from strong private consumption. It however cautioned that low capacity utilisation and stressed balance sheets of banks

10 best-performing mutual funds to invest in India this year

Mutual funds are arguably the best investment options available for investors in terms of ease of investments and different risk/return paradigms available. Depending upon your risk profile and longevity of holding period, you can chose between various debt, equity and balanced funds. Mutual funds are arguably the best investment options available for investors in terms of ease of investments and different risk/return paradigms available. Depending upon your risk profile and longevity of holding period, you can chose between various debt, equity and balanced funds. However, “choose the fund that best suits your time-frame and risk appetite. Remember that equity funds require a holding period of at least 5 years, balanced funds need 3-4 years, and debt funds 2-3 years,” says Bhavana Acharya, Analyst–Mutual Fund Research, FundsIndia.com. For those looking for funds to invest in this year, FundsIndia.com has prepared a list of 10 best funds available in the market today. The li

Hiring Your First Employee? 5 Things You Need to Know.

You're finally letting someone else infiltrate the walls of your company, and you'll have to assume the role of that person's boss. Don't panic. You’ve been a solo entrepreneur for a number of years and things have finally taken off to a point where you’re in need of hiring some full-time help in the form of an employee. While exciting, this "next step" can also be a very nerve-wracking change.  Hiring your first employee, in fact, may feel strange. You’re finally letting someone else infiltrate the walls of your company, and you'll have to assume the role of that person's boss (in addition to the dozens of other titles you already hold). But before giving any individual a job offer, you need to be aware of the following: 1. Cost  If you’re only taking salary into account when hiring an employee, you’re failing to account for the  myriad of other expenses  (and possible expenses) that could come into play. For example, you have to pay 6.2