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Passive Income Ideas, Proven 11 Ways to Make $1000+ Monthly

2019-02-20T04:27:00.001-08:00

Passive Income Ideas, Proven 11 Ways to Make $1000+ Monthly

Creating passive income takes work, but once you implement those passive income ideas. It's one of the most fruitful income sources that you'll ever have and also very rewarding. In this article, I wanna share my 11 most favorite passive income ideas that you can start today.

First Passive Income Idea

The first passive income source that you can derive is from investing. I know many of you might think, I don't have a lot of money to get started."

I get it, I was there too.

But, let me tell you, it doesn't take a lot of money to get started.

Whether it be 50 bucks a month, $100 a month, anything that you can start investing, you can start making gains, start making interest off your investment.

So, whether if you're making capital gains off of your mutual funds, your ETFs or your stocks, or if you have dividends that pay out on a consistent basis. These are all sources of passive income that you can get.

If you're not sure where to get started investing, there are a ton of online providers nowadays.

Robo Advisors

There are Robo Advisors such as Betterment, Wealthfront, Acorns, Robinhood, Ally Invest, E-Trade.

If you know nothing about investing and you want somebody to pick those investments for you, that's why I have to recommend Betterment.

Betterment doesn't have any money to start and they will choose an ETF model for you.

So, if you're putting any money in, they're gonna choose those investments and then you'll sit back and start making those capital gains in dividends otherwise passive income.

Now, another form of option that I love when it comes to investing is peer-to-peer lending. I started doing peer-to-peer lending over years ago and it has been one of my most favorite investment classes to put your money into.

Now, peer-to-peer lending is just like as if you're acting as the bank. Instead of somebody going to the bank and getting a loan, you are giving them a microloan. So, you become a financial institution.

And, since these are microloans, you're only giving up about $100 per loan, sometimes less. I don't know if you've ever taken out a personal loan from a bank, but you know how much interest they charge.

So, imagine now you're sitting on the side of the bank and you're collecting that interest. You can check out the two P2P lenders are LendingClub and Prosper.

I have accounts with them both and I really don't have a preference either which one.

Well, I'll tell you, I've been sitting back and earning those interest checks since I've started and I love it.

Second passive income idea

My second passive income idea is taking advantage of deal sites and/or survey sites.

So, sites like Swagbucks, InboxDollars, or MySurvey. Signing up for these sites allow you to do the normal shopping that you do online and make a little bit extra money on the side.

Or if you're sitting on your couch watching Netflix, your favorite TV show or some sports game, if you have your laptop handy, you could fill out surveys as you're wasting time, killing time, and make really good money.

Third passive income idea

This one's a little bit outside the box.

Taking advantage of cash-back reward points. Now, I know, I'm sure you're thinking how is that really passive income?

But, check this out. Before I started using credit cards to pay all of our bills, we used to use debit cards all the time. Because I always subscribed to the idea of like you shouldn't have credit cards because credit cards are evil.

They're not that evil. But, when I started talking to others that were truly taking advantage of all the different reward points that you have to offer. I realized that we were missing out on a ton of free cash.

So, we've started using reward points, specifically for cash back, airline miles, or hotels, anything like that we knew that we'd be using on a frequent basis.

Now everything that we buy, whether it's our cell phone bill, our satellite bill, Netflix, groceries, gasoline, we run all of our expenses through our credit cards and we get back tons of reward points.

Moreover, with these reward points, we've cashed in on airline miles, hotels, and a variety of other things. A couple of years ago, we took our entire family to Jamaica and didn't have to spend a single dime other than some snacks in the airport.

Therefore, using your credit cards to taking advantage of these reward points is so passive because you don't have to do anything. You're doing something that you're already gonna do to begin with. You just sit back and enjoy the cash.

Passive Income Idea Number Four

This is a fun one.

Doesn't really apply to me, well, it happens.

Ah, let me explain.

One of my good friends is a photographer and when he started taking pictures for me, my family and for my business. He asked,

"Okay, I will take your pictures and I won't charge you". But, I wanna be able to use you

"for my iStock photography account."

At the time, I didn't know really what iStock was or what stock photography was, but I thought, you know what, if I'm getting free pictures, sign me up. So, he would upload my pictures to iStock and businesses from all over the world was using my picture on their websites, brochures, and all their marketing materials.

I've had so many people contact me because they saw my picture on some brochure or website and asked like,

"Jeff, is that you?"

It's like, yeah, that's me.

Now, I don't get any royalties for that because all I got was free pictures. But, my buddy who's a photographer is still making royalties off pictures that he took several years ago.

So, if you have a knack with a camera and love to take pictures of people, things, whatever, consider using iStock or any stock photography service.

Idea Number Five

Is for all my artists out there. This is something that's not me because I'm definitely musically challenged. There's this cool service called Patreon.

Patreon

It's for any artist that has a community, a growing community, and you wanna get paid for your work. You have a community of people that love your art whether that be your drawings, your music, whatever that art may be. Each time that you release a new item, you can get paid a fee for that. And you get to determine what that fee is.

Examples

So, let me give you a few examples of some friends of mine that really have taken advantage of Patreon.

A good friend of me, Evan Burse, also known as the Cartoon Block, is a very popular artist and has a thriving YouTube channel. He loves showing people how to sketch superheroes.

So, with Patreon, any time that he creates a new image, a new sketch, his community will pay him a fee every time that he releases a new image.

Another good friend of mine, Chris Greenwood, a musician and in the band Manafest, gets paid by his community every time he releases a new music video.

See, these are things that these artists are doing anyway.

But, now instead of just releasing something and hopes that somebody will discover it or that you hope that you might get paid for your work, with your community that is looking forward to the next piece of art that you're going to release, you're going to get paid and they're excited to pay you.

Check out Patreon.com for other ideas especially if you're an artist that wants to get paid for your work.

6^th Passive Income Idea

This one takes a little bit of time, but once you get it out there, you can really sit back and start earning that passive income.

So, what am I talking about?

This time I'm talking about writing a book.

Writing a book

Shameless book plug. So, I had both the wonderful and stressful experience of writing a book, Soldier of Finance. But, here's the cool thing, the book has been out for almost four years and guesses what?

I'm still getting paid on sales. I can log in to Amazon and see how many sales of my book are occurring each and every week. But, maybe you're not ready to do a physical book.

You could also sell an ebook. There are tons of authors that release books all the time on Amazon.

Writing and publishing books in the Amazon Kindle program is so much easier than it ever was. So, if this is something that you wanna do, think about it very hard.

Another blogger that I know in the personal finance space named Mike Piper, blogger at obliviousinvestor.com is making over six figures a year from his ebooks that he sells.

And, guess what?

He doesn't have a ton of ebooks, but he has enough. And, the ones that he does sell, yields him over six figures every single year.

As you could see, writing a book, whether it be a physical book, like Soldier of Finance, or an ebook, can be very lucrative. You just have to get the book done and get it out there.

No 7^th Passive income Idea

We are talking about physical products.

Physical products

This could be a variety of things.

This could be t-shirts, mugs, blankets. It's amazing what you can create and sell online, especially with the Amazon FBA program. But, maybe you don't wanna go that route and you actually do have a physical product that you wanna sell.

One of my most favorite success stories is Steve Chou from the blog mywifequitherjob.com.

With Steve's case, his wife is getting ready to quit her job, a six-figure salary living in Northern California and he wanted to find a way that he could replace that. What as, she could still spend the time with their kids, but also not lose out on the income.

So, what do they do?

They created a digital online store selling physical products.

In this case, it was handkerchiefs. You could check out his site at bumblebee linens and see everything that they sell. Now, their store has evolved a lot from the handkerchiefs so they offer a lot of different things.

But, here's the cool thing about that story.

Within the first year of launching their online store and selling these physical products, they replaced his wife's income over $100,000.

Did you notice that?

$100,000 after their first year of opening their doors.

That's amazing.

And, the best part, it is passive income.

On to number eight

Let me tell you, number eight was one that didn't work out quite well for me, but I know it's worked out for a ton of other people.

So, where does this one?

Real Estate

There are many ways that you can get involved in real estate. You can flip houses or you can become a landlord and have tons of rental properties. And, that's the path that I started. But when I started down that path, I realized I had no idea what I was doing.

Now, thankfully, I didn't lose my butt on that investment, but it did allow me to explore other passive income ideas that I'm currently implementing.

But, let me tell you, I have a local friend here who is in his early 30s and is making over $250,000 a year from his real estate properties.

He has a lot that he does a flip, but he has a good chunk of his real estate portfolio that is completely passive.

I will tell you if you want to start getting involved with real estate, make sure that you have a good mentor because you can lose a lot of money, if you don't know what you're doing.

So, if you're not completely comfortable investing in physical real estate, there are other options.

One option is real estate investment trusts which you can buy through ETFs.

Other options include sites like fundrise.com.

So, with Fundrise, they will take your money and you'll put that in a pool with other real estate investors and then somebody's in charge of choosing those physical locations for you. So, that way, you're not in charge of picking those locations or having to collect rent and making sure that they're taking care of the upkeep on those buildings.

All you do is sit back and collect the interest and dividends. Either which way that you look to explore into real estate is going to yield you some sort of passive income.

Passive Income Idea Number Nine

If you are comfortable putting yourself on the world getting in front of a camera.

YouTube

You can publish content to YouTube and sit back and make money.

So, how exactly are you making money on YouTube?

The easiest way is the ads that you see.

You know, those annoying skip here ads the first five seconds of every YouTube video that you watch?

Yeah, those ads.

Anyway, YouTube publishers get paid any time that you watch any of their videos. So, YouTube's always looking for content creators that are willing to put in the time and effort to create good video content.

One of my favorite local stories here is Emily from Beauty Broadcast. When she started her YouTube channel showing her community how to apply makeup, she started making a little bit of money with the ads from her videos.

The next thing you knew, those ads kept increasing as her viewers gained and her subscribers gained.

Fast forward to three or four years later, she was able to quit her day job because she was making more money than her day job with her YouTube videos.

Now, she makes almost six figures every year just by putting on makeup every single day.

Pretty sweet, I like it.

I don't really wear makeup, but you know, whatever. It works.

So, whether you wanna create makeup videos, prank videos, or crazy workout videos, if you're willing to put in the work and upload those to YouTube, you can get paid.

Idea No 10

Number 10 is definitely one of my favorites 'cause it's near and dear to me.

But, it is blogging.

So, I started my blog back in July of 2010. I'm still amazed at not only the amount of money

I've been able to make from my blog, but just all the connections I've made with so many amazing people over the years.

Now, my blog brings in over seven figures a year.

What?

And most of it is passive. Yes, like a landlord, it does take some upkeep and there are things we have to do, but I put in very little work for the base that I built up over the years.

You can check out other bloggers like Pat Flynn from smartpassiveincome.com or food bloggers Lindsay Bjork Ostrom from pinchofyum.com. And, even my wife, Mandy, from houseofrose.com.

All these bloggers are making really good money and most of them are from blog posts that they wrote over three years ago.

It's amazing and it is almost completely passive.

If you're interested in making your first $1000 from blogging, be sure to check out my free Email Challenge, the Make 1K Challenge.

You can check out more details at make1kchallenge.com.

In this challenge, I show you how to start your first blog, publish your first blog post, and give you behind-the-scenes peek of how I made my first $1000.

Yes, it can be done.

All right, here is the

Last Passive Income Idea

I do not know if this is my favorite, but it definitely is one that I'm pretty excited about.

So, what is it?

What I am talking about here is creating your own online course.

Online course

Now, this is something that I fought forever. I've always wanted to create a course, but I kept struggling with what do I wanna create,

what's the idea?

Who are the people that I wanna serve?

And, I kept coming up with an idea after idea after idea, but unfortunately, I never actually launched any of those ideas.

Now, let me tell you, to make passive income, you don't make money off ideas. You make money off implementing those ideas.

Finally, about two years ago, I released my first course. The Online Advisor Growth Formula.

In this course, I'm showing financial advisors on how to use online marketing to grow their businesses.

I launched that course last year and I've created the course, I've just recorded all the videos, and now all I do is market, which most of it is automated using Facebook ads and email marketing.

Last year, we made over $100,000 off that course, all because I took an idea and actually implemented it.

This year, we're on track to beat that by at least 50% if not double it.

Now, remember, I've already created the course. This is not something new that I have to redo or reshoot. All the information is there. Now, it's just a matter of getting that course in front of the right people that are willing to buy it.

Out of all the ideas I've shared with you, I love creating an online course idea the most,

because the margins are ridiculous.

If you're selling a course for $1000, your cost in that course may only be 100 bucks, 200 bucks. But, as you go along and make more sales, your margin decreases which means your profits increased.

So, by using these passive income ideas start making more money and more money and more money.

What is real estate crowdfunding 5 ways to invest in crowdfunding

2019-02-19T10:32:00.001-08:00

What is real estate crowdfunding?

For those people who have no idea what is real estate crowdfunding?

Let me tell you how that works first.

So, a lot of people know to crowdfund for the topic of like Kickstarter or GoFundMe.

Those are the kind of general, the more popular crowdfunding platforms. But those aren't real estate crowdfunding.

That is just where people come together and they fund something. Like make roads, solar panels that both light up and they melt snow and produce more energy than our world could ever use and it is a cool idea. So they put this on Kickstarter or one of you know IndieGoGo or one of those crowdfunding sites to raise money for and everyone Chinese ships in.

So, that's what most people think of when they think of the crowd and crowdfunding that is not what we're talking about today but it is kind of related.

Definition

In real estate crowdfunding, the same ideas lots of people get together and their goal is to invest in real estate. They are gonna fund a real estate together hence the name crowdfunding. The crowd is funding it.

So you got a property that is worth the purchase price is a hundred thousand dollars the investors trying to raise a hundred thousand dollars. Now the investor could go to a bank and the banks gonna make him paperwork and appraisals. Put a 20% down payment or whatever or they might not even be able to get bank financing or for whatever reason, they do not want to go to the bank.

So instead they use, crowdfunding sites and they raise the money internally. So rather, than give in to a bank they let other people raise that money for them.

like the crowd essentially raised the money and so you might put in $5,000 the guy next door might put in $5,000 that guy might have put in 500 that person might put in 20,000 and then the people will earn a piece of the pie.

Crowdfunding Site

Now there is a lot of crowdfunding sites out there I mean a couple that comes to mind is like

Realty shares is a big one, the patch of land is another one. There're probably twenty crowdfunding companies out there. I mean there are different ways that everyone structured. Some of them are a debt when you are investing with them.

Some of them you get a piece of the debt mean you are basically a part of the loan you do not actually share in the property which is the equity side. The debt is as if you have a loan and that is it, the other side is equity where you actually get part of the proceeds. So, if the property does really well, you make more money. Some of the crowdfunding sites do both, some do a mixture, some do kind of weird hybrid versions of that.

The first thing I will say is if you are considering investing in crowdfunding, really do your research in your homework and look at

what the actual crowdfunding site is?

how they actually operate?

what are you actually getting?

what are you promised?

are you risking it?

what you are gonna get at the end?

So make sure you understand that as well before you do crowdfunding.

The question should you actually do it is another story.

Here I am going to share the five ways of crowdfunding.

How to Make Money with Real Estate Crowdfunding

In this article, I am going about to write a few different ways you can actually make money with real estate crowdfunding. Honestly, I am surprised by how well some of the platforms are doing.

For example crowd Street recently reported crapping on insider that they've posted over 1.7 billion with 60 real estate crowdfunding offerings through their marketplace. Also, they've seen over 400 million in investor funds with sponsors who use their sponsor direct program platforms.

like realty, the mogul has signed up more than 80 thousand investors on their website which has translated to over 200 million in investment in debt and equity transaction. They've also lost mogul REIT which is similar to fund Rises.

So how can you actually get a piece of the action that's what I'll be talking about?

First way

In this article, the first way is to start an entirely new real estate crowdfunding platform. It is still not too late to start your own.

You could have access to a network of investors or maybe you want to build a marketplace of investors and sponsors given the growing popularity of REITs.

You could also use regulation A+ of the JOBS Act to offer this kind of investment vehicle to your investors and

I go through a lot of different technical ways to do this.

I will discuss the bare basics of a business plan for the website. It is really important to have the right technology to ensure secure transactions on the platform. It is also important to have a very strong marketing plan as the industry becomes more and more crowded.

You are going to have to design a platform that has major competitive advantages to the other platforms out there. Otherwise, how are you going to stand out?

In my opinion, crowdfunding is still really in the early stages. Education should be the top priority and this is honestly why I'm dedicated to putting out the best information out there on crowdfunding you are going to have to educate investors and property owners as to how they can use your platform.

The second way

The second way to make money in this industry is to provide ancillary services be they legal tax etc.

Whenever a company raises a major round of funding, then there will always be legal and tax implications to take into consideration. There are also be other service providers who help with various aspects of the transaction.

For example, mark Roderick is an attorney who is cashing in on crowdfunding with his blog crowd fund attorney. He is one of the leading lawyers in the U.S. in this area. Recently was selected to keynote and moderate real cap Chicago a real estate crowdfunding conference.

He represents platforms portals issuers throughout the industry any time a new industry emerges there is always room for experts. If you decide that you want to provide key services to players in the space you could turn out to be the go-to service provider and get a piece of the action.

Third way

The third way to make money in this industry is to join a platform and invest.

Not every platform is open to non-accredited investors but many are. Now adopting REIT style products, like fun rise, you can incorporate these investments as part of your overall portfolio.

Keep in mind that many of these investments are illiquid meaning that there is no publicly traded market place to redeem your shares. Depending on the type of investment, you might have to wait for a liquidation event like the sale of a property or the opportunity to sell your shares to other investors on the platform.

There are also platforms open there for accredited investors like realty shares and some debt or fixed income-focused real estate crowdfunding websites.

If you are interested in like passive land, they advertise that you can earn upwards of twelve percent of your investment per year. Others like fund rise out a 13 percent approximate average net returns in 2015. Realty shares also compare the difference between investments in the S&P 500 and real estate. In 2001, real estate would give you a 10.75% annual return versus a 5% annual return for the S&P 500.

What I like about investing through one of these marketplaces is. You do not have to commit huge sums. You can invest less than five thousand dollars to get a feel for the marketplace and it will not break the bank.

Fourth way

The fourth way that you can make money in the real estate crowdfunding industry is to refer investors to crowdfunding websites.

These crowdfunding sites are always looking for new investors to join their platform and you can make money as an affiliate by doing that.

If you have access to a pool of accredited or non-accredited investors. You might be able to make out a deal with a crowdfunding website and be compensated for referrals.

For example, Realty shares have an awesome affiliate program that will compensate you for qualified investors that you refer to their marketplace.

Your relationship with investors is paramount.

We tend to invest in companies or buy products that we know like and trust. I'm a huge fan of a win-win scenario where everyone gains.

Investors make money

sponsors make money

the platform makes money.

And you are getting a cut for referring that investor.

The Fifth and Final

The fifth and find a way to make money in the real estate crowdfunding industry is to build a brand on a platform.

One of our marketplaces emerges there are a lot of winners and losers.

For example, if you browse the Kickstarter marketplace it's very easy to see which companies have absolutely crushed it and are raising bunches of money. As long as it didn't have any fulfillment issues have officially gone down in crowdfunding history as a success story.

They continued to profit from the positive brand attention real estate managers. Or developers have the opportunity to build a strong relationship with these growing platforms.

They can also put themselves in the position of developing a relationship with a community of investors. This is important for a few different reasons;

Easier to get future Funding

First of all, it makes it easier to get future rounds of financing you've already delivered a profitable deal with great ROI. Investors are much more likely to trust you and put money into your next deal.

Begin to see side benefits

Second, as you build up your brand in the marketplace, you begin to see side benefits that also emerge. You could take the form of new connections. It could take the form of introductions or access to insider knowledge about the industry.

This is extremely valuable because it's a competitive advantage. You'll basically have a leg up on your rivals.

It’s Profitable

Naturally, the more deals you do on a particular platform the more you are going to grow your revenue in the long term.

You'll also be able to carefully analyze the sticking points of your operation. Maybe you overestimate the return that you bring to various investors. Or you aren't particularly accurate about the completion of property by having a dashboard that tracks all of the information related to the investment. You'll be able to see where you need to improve going forward.

Conclusion

In conclusion, real estate crowdfunding I think is really prime to disrupt the entire real estate financing ecosystem.

I think gonna be on everyone's radar in the next few years. And for now, it's kind of more of a fringe activity. It's a kind of alternative investment activity. But there is a lot more to be learned and there is a lot more to go.

Small Business Growth by Jack Ma (Alibaba founder)

2019-02-19T06:43:00.000-08:00

Purified Knowledge

Small Business Growth by Jack Ma

Who should you follow for your small business growth? Of course, the entrepreneurs who achieved success in growing their small business or who got success to build a business company like Google, Microsoft and Apple etc.

Today internet Mobile is the university that I've ever had. You can communicate with the entire world. So, I think the ideas you've got fantastic. The only thing that as an entrepreneur is that, build up a good team and set a big vision that milestones and go on never give up.

You might have a lot of problems, but you can see the problem you are facing, your competitor will face it too.

Think you have a lot of tough days but you're compared we haven't much actually. The competition is the speed of solving the problems.

It's the passion, the inspirations, the dream do you have.

Story

I remember 1995 when I came back from the states I visit the USA for one for 29 days and I discover the internet. So I came back to China and say I want to do something called the internet but there is no such word called internet before. There's no such work on the internet on the dictionary. So the government does not let me to register a company called internet since I had a no background on technology nothing back computer even to today.

I know very little about computers because I don't think you have to know anything before you do it.

The entrepreneurs, you started with a dream you start with a belief. I also have to start with a group of people.

Believe the dream

China was not even connected to the internet since 1994. So, it was very difficult to convince some people that there is something called the Internet.

People say you're telling a lie. But, I know this thing exists and I know it takes time to convince people.

Convincing people is not by words, you have to convince by real results.

I made a lot of speech in the early days and even now, I still talking to a lot of people.

How can you create a happy Environment?

I think the very important is making sure your dream can be realized.

Making sure, your dream makes steps by step every week, every month and every year.

Making sure that your employees believe in making your customers happy.

If your customer is happy, your employees are happy, the shareholders will be happy.

Do not try to spin all the time. We saw shareholders spend enough time with your customers. Spend enough time with the employees. Do not spend a lot of time with competitors.

The best way to fight against the competitor is your customers and colleagues.

So, those early days were tough. I was the number seven guy in China connected the Internet. The speed was so slow you will never imagine.

I invited the TV friends; I got some university schoolmates they work in the TV station. So, I invited them to come to my room and say I want to tell, there is something called the Internet.

It took us three hours and a half to download the first front page of my website but at least approved that there's an internet, there's yesterday.

When I arrived in Nairobi the speed of internet

Oh was so fast

It's so fast you guys are lucky. This was so better so much better than the days when I started. I think with such a great infrastructure of the internet you have with. So many people in the world today know through the internet. More than 1.7 billion people are already online but at that time, total China less than 500 people were using the internet.

When you have a dream

You have to dream globally,

have to win locally.

also must think about the future.

If you do not think about the future, if you do not have a vision for 10 years later what will you be, you will never have great people follow you and join your company.

No matter, how big dream is it.

In 1999, I started my alibaba.com in my apartment and I know I may not succeed but I told my 18 founders that

The first thing, even if we feel deep many people, some people will win.

Internet is the future,

Ecommerce is the future.

No matter you like or not, 80% or 90% of business in the next 30 years will be online.

The best way to serve the world is the Internet. I know that if I cannot make it, somebody will make it, so I continue to make it.

The second thing I tried to prove is that,

if Jack Ma can succeed, 80% of young people can be successful.

About Resources

We don't have money, we don't have a relationship, I don't have a powerful and rich father even though, we don't have a rich father or uncle who can sponsor us.

Everything we do is the 18 founders, we believe the future, and we make progress. Even among the 18 founders, we only have three engineers. Among three engineers only one of them had a three-year experience of a university computer.

The other two, they are like an amateur computer, when they open computer they don't know how to fix it. Start from there - - today we have

twenty-five thousand engineers in our company.

We built an e-commerce company, nobody comes to sell. So, we have to list our own products on their way for two weeks, nobody comes to buy. So, we have to buy ourselves. Then the first time some people come to sell things on our site. We buy everything so I bought a whole house of rubbish.

We started nobody believed e-commerce. Today or last year, we sold 550 billion US dollars, from nothing to 550 billion dollars. I think compared to yesterday be big sales but come ten years later we are nothing. This is what I want to say the great ideas I heard in the next room inspired me and changed mind.

I told my team we are the hope of China because we are the guys without any resources, If we can make it, most people can make it. Our resource was only with the dream and belief. If we can make succeed, China will be successful.

Great entrepreneurs should not have money. If you have money of mind, one eye is the US dollars and other one is ion bee and you're talking about the English Pounds.

Your Dream and Belief are your Recourses

If you have a good dream, if you have a plan to making things, making progress, things will happen.

Supporting entrepreneurs is always my dream because I know how tough it is to be an entrepreneur.

It is difficult I never cried. I said I only make my competitors cry.

If I cry, I probably die a hundred times; just we have to encourage our team and making sure that we can survive tomorrow.

I want to say this is my belief and this is what I tell every day to myself today is difficult tomorrow is much more difficult. But, the day off tomorrow is beautiful.

I still believe today is very difficult I have more problems than anybody here can imagine.

You say oh no!!

You are big, you make billions of dollars every quarter.

But, let me say I have much more problems than you have, much more headache than you have.

When I was young, 18 years ago I thought, what if I could make my company bigger, then I can Sega on the beach. I have a lot of people work for me I thought that would.

Now the company is getting bigger, my problem is getting bigger, I'm getting much busier. But, this is our life, one day where you pick up the job as entrepreneur this is the life you picked up.

Where is the opportunity?

The opportunity always lies in a place where people complain.

If you solve the plot complain, you got a problem you got an opportunity this is what I believe. As an entrepreneur, I think most of the projects I heard there is about the platform.

You are people building the platform; you know the essence of building the platform. A lot of people in China want to build up a platform.

Difference between build a company and a platform

The difference between build a company and a platform is, a platform is to enable others, to make other people happy. A company is to make yourself happy. This is the difference between the 20 century and to the 21st century.

If you want to be successful, making sure, your employees are successful, making sure your customers successful using your services. If you can make your custom successful, in price successful, your platform will be successful.

These are the essences and remember that empower others you are empowering yourself and you are empowering your platform.

Thank you so much

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Employee turnover reduction formulas || 10 game-changing secretes

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9 Business Process Automation Benefits with definition

Types of business degrees and salaries Highest paying jobs

2019-02-18T05:02:00.000-08:00

Purified Knowledge

Types of business degrees and salaries. It is very essential to know about types of business degrees and salaries before starting any business degree program. Because we can choose only a single degree program that goes for years to completion. It is also fearless in the future if you already know well about the types of business degrees and salaries.

Did you know most students choose the study business than any other topic?

It's a classic choice that has passed the test of time in a secure field for career-minded students.
Data from the US Bureau of Labor Statistics show that wages for many business-related occupations were higher than wages for all workers.

So, let's take a look at the top paying jobs for business degree holders. You'll see the median pay for each which represents what mid-career workers earned on the job according to the US Bureau of Labor Statistics.

Keep in mind the number of hours worked and the cost of living will impact how far your paycheck will go first is the business operations category. These are the kind of jobs that deal with the day-to-day activities of running a business.

Business Degrees and Salaries

Degree as a Management analysts:

Propose ways to increase the organization’s efficiency.
Frequent travel
14 percent of job growth through 2025.

Highest Salary	Median Salary	Lowest Salary
$1,60,000 approximately	$82,000 approximately	$ 50,000 approximately

Market research analyst:

Study market conditions to examine potential opportunities.
Help companies what products people want.

Highest Salary	Median Salary	Lowest Salary
$1,30,000 approximately	$65,000 approximately	$ 35,000 approximately

Compliance officers:

Ensure company is conducting business according to specific laws and regulations.
Communicates key ethics, regulations and principals with the organization.

Highest Salary	Median Salary	Lowest Salary
$1,03,000 approximately	$66,000 approximately	$ 39,000 approximately

Purchasing agents:

Purchase machinery, tools, equipment etc. that are necessary for the operation of an establishment.
May solicit bits from vendors and award purchasing contracts.

Highest Salary	Median Salary	Lowest Salary
$1,00,000 approximately	$63,000 approximately	$ 39,000 approximately

Compensation, Benefits and Job Analysis Specialists

Conduct an organization’s compensation and benefits programs.

Evaluate position descriptions to determine details such as salary and person’s classifications.

Highest Salary Median Salary Lowest Salary

$99,000
approximately $62,000
approximately $ 40,000
approximately

Claims Adjustors, Appraisers, Examiner's and Investigators

Evaluate insurance claims, deciding whether an insurance company must pay a claim, and so, how much.Often works outside the office inspecting damage buildings and automobiles.

Highest Salary Median Salary Lowest Salary

$96,000
approximately $64,000
approximately $ 40,000
approximately

Next up is the financial category. These positions reporting track the flow of money throughout each department of a company.

Degrees as a Financial and salaries

Personal finance advisers

Provide advice on investments, insurance, mortgages and retirement to help individuals manage finance.
30 percent job growth through 2025.

Highest Salary	Median Salary	Lowest Salary
$ 1,89,000 approximately	$90,000 approximately	$ 42,900 approximately

Financial Analysts

Provide guidance to individuals making investment decisions.
Evaluate the execution of stocks, bonds and different sorts of ventures.

Highest Salary	Median Salary	Lowest Salary
$ 1,62,000 approximately	$82,000 approximately	$ 50,900 approximately

Financial Examiners

Guarantee consistence with laws administering money related establishments and exchanges.
Review balance sheets, evaluate risks level of loans and assess bank management.

Highest Salary	Median Salary	Lowest Salary
$ 1,52,000 approximately	$80,000 approximately	$ 48,000 approximately

Credit Analyst

Examine credit information and budget summaries of people or firms to decide the level of hazard.
Get ready reports with credit data for use in basic leadership.

Highest Salary	Median Salary	Lowest Salary
$ 1,36,000 approximately	$72,000 approximately	$ 43,000 approximately

Accountants and Auditors

Prepare and examine financial records, ensuring accuracy.
Survey monetary activities and work to help guarantee that associations run productively.

Highest Salary	Median Salary	Lowest Salary
$ 1,20,000 approximately	$70,000 approximately	$ 43,000 approximately

Insurance Underwriters

Decide whether to provide insurance and under what conditions.
Assess protection applications and decide inclusion sums and premiums.

Highest Salary	Median Salary	Lowest Salary
$ 1,18,000 approximately	$68,000 approximately	$ 40,000 approximately

Budget Analysts

Help public and private institutions organize their finance.
Prepare budget reports and monitor institutional spending.

Highest Salary	Median Salary	Lowest Salary
$ 1,18,000 approximately	$68,000 approximately	$ 40,000 approximately

Now we have the management category.

Degrees in Management and salaries

These careers involved decision-making in various aspects within a business whether it's purchasing, marketing, Human Resources etc.

Chief Executives

Plan, immediate or organize operational exercises at the most abnormal amount of the executives.
Formulate policies and provide overall direction of company from guidelines of a governing board.

Highest Salary	Median Salary	Lowest Salary
$ 1,92,000 approximately	$1,,77,000 approximately	$ 80,000 approximately

Computer and Information Systems Managers

Plans, coordinate and directs computer-related activities and an organization.
Helps determine the information technology goals of an organization and implements computer systems to meet those goals.

Highest Salary	Median Salary	Lowest Salary
$ 1,89,000 approximately	$1,,33,000 approximately	$ 82,000 approximately

Financial Managers

Responsible for the financial health of an organization.
Produce monetary reports, direct speculation exercises, and create systems and plans for long haul budgetary objectives.

Highest Salary	Median Salary	Lowest Salary
$ 1,89,000 approximately	$1,33,000 approximately	$ 82,000 approximately

Human Resource Managers

Plan, coordinate and direct the administrative functions of an organization.
Oversee the recruiting, interviewing and hiring new staff.

Highest Salary	Median Salary	Lowest Salary
$ 1,89,000 approximately	$1,07,000 approximately	$ 66,000 approximately

Marketing and Sales Managers

Plan, direct and coordinate marketing policies and programs.
Determine the demands for programs and services offered by a firm or competitors.

Highest Salary	Median Salary	Lowest Salary
$ 1,68,000 approximately	$1,20,000 approximately	$ 60,000 approximately

Purchasing Managers

Plan, direct and coordinate the buying materials, product and services for wholesaler, retailers or organizations.
Manage crafted by obtainment related occupations including purchasers and buying operators.

Highest Salary	Median Salary	Lowest Salary
$ 1,75,000 approximately	$1,10,000 approximately	$ 63,000 approximately

Medical & Health Service Managers

Plan, direct and coordinate medical and health services for specific facility, clinic, department or practice.
Direct changes, that confirm to changes in healthcare laws, regulations and technology.

Highest Salary	Median Salary	Lowest Salary
$ 1,70,000 approximately	$96,000 approximately	$ 58,000 approximately

Degrees in Sales Category and salaries

In the sales category, you will find positions that a company to current and potential clients.

Securitas, Commodities, Financial Services Sales Agents

Connect buyers and sellers in financial market.
Sell securities to individuals, advice companies in search of investors and conduct trades.

Highest Salary	Median Salary	Lowest Salary
$ 1,90,000 approximately	$73,000 approximately	$ 35,000 approximately

Real Estate Brokers

Help clients buy, sell and rent properties.
License, to manage their own real estate businesses.

Highest Salary	Median Salary	Lowest Salary
$ 1,68,000 approximately	$60,000 approximately	$ 25,000 approximately

Sales Engineers

Move unpredictable, logical and mechanical items or administrations to organizations.
Must comprehend the logical procedures that make these items work.

Highest Salary	Median Salary	Lowest Salary
$ 1,68,000 approximately	$1,00,000 approximately	$ 60,000 approximately

First Line Supervisors of Non-Retail Sales Workers

Directly supervise and coordinate activities of sales workers
May perform duties, such as budgeting, accounting and personal work.

Highest Salary	Median Salary	Lowest Salary
$ 1,51,000 approximately	$75,000 approximately	$ 39,000 approximately

Sales Representatives Wholesale and Manufacturing

Pitch products for wholesalers or makers to organizations, government offices, and different associations.
Contact customers, explain product features, answer any question that customer may have and negotiate policies.

Highest Salary	Median Salary	Lowest Salary
$ 1,29,000 approximately	$63,000 approximately	$ 31,000 approximately

Insurance sales agents

Contact potential clients and move at least one sorts of protection.
Explain various insurance policies, and help clients to choose plans that suit them.

Highest Salary	Median Salary	Lowest Salary
$ 1,25,000 approximately	$51,000 approximately	$ 29,000 approximately

Sales Representatives Services and All Others

Sells goods, retails products and services to customers.
Explains the benefits of product or services to potential clients and customers.

Highest Salary	Median Salary	Lowest Salary
$ 1,15,000 approximately	$53,000 approximately	$ 27,000 approximately

Other Types of high Paying Jobs in businesses and salaries

Finally, here's a variety of other high paying jobs that are possible with a degree in business.

Actuaries

Analyze the financial costs of risks and uncertainty.
Utilizations arithmetic, measurements and monetary hypothesis to survey the hazard that an occasion will happen.
Must pass a series of exams to become certified professional.

Highest Salary	Median Salary	Lowest Salary
$ 1,83,000 and up	$1,00,000 approximately	$ 61,000 or more

Economists

Study the product and distribution of resources, goods and services.
Gather and investigate information, inquire about patterns and assess financial issues.

Highest Salary	Median Salary	Lowest Salary
$ 1,80,000 or less	$1,02,000 approximately	$ 53,000 or more

Operations Research Analysts

Use advance mathematical and analytical methods to help organization’s complex issues.
30% growth through 2025.

Highest Salary	Median Salary	Lowest Salary
$ 1,34,000 or less	$80,000 approximately	$ 45,000 or more

Statisticians

Use statistical methods to collect and analyze data.
Help tackle genuine issues in business, designing, human services or different fields.

Highest Salary	Median Salary	Lowest Salary
$ 1,32,000 or less	$74,000 approximately	$ 46,000 or more

Public Relations Specialists

Create and maintain a favorable image for the organization they represent.
Design media releases to shape public perception of an organization.

Highest Salary	Median Salary	Lowest Salary
$ 1,12,000 or less	$58,000 approximately	$ 33,000 or more

So, I sure you have picked up your type of future degree in business and also about salaries also. If my this little effort helps you to know about types of business degree and salaries, I will be very grateful about it.

Content Management System Definition, Examples and Features

2019-02-15T07:10:00.001-08:00

Content Management System

A content management system (CMS) is an application or set of related software that is utilized to make and oversee advanced contents.
Content Management Systems are commonly utilized for, commercial enterprise content management ECM and WCM.

Web Content Management (WCM):

A WCM encourages community oriented composing for sites. ECM programming regularly incorporates a WCM distributing usefulness, yet ECM website pages commonly stay behind the association's firewall.

Enterprise Content Management (ECM):

An ECM encourages joint effort in the working environment by incorporating archive the executives, advanced resource the board and records maintenance functionalities, and furnishing end clients with job-based access to the association's computerized resources.

Examples of CMS

Some well-known content management system as follows:

Wordpress

Squarespace

Wix

Joomla!

Weebly

Concrete5

OpenText

Subrion CMS

Kentico

LightCMS

Craft

Drupal

MODX

ExpressionEngine

dotCMS

Why you should use content management software instead of building everything from root?

Features of Content Management System

Content management System ordinarily gives the accompanying features:

site design improvement
Coordinated and online documentation
Measured quality and extensibility
Client and gathering usefulness
Templating support for changing structures
Establishment and redesign wizards
Incorporated review logs
Consistency with different openness systems and standards, for example, WAI-ARIA
Reduce the need to code sans preparation
permission of modification

Let us say that you want to start a blog or just the website that you want to use to showcase or display your products your services one way to go about.

How are they build?

It is built, using HTML, CSS and JavaScript. Building the database and user interface. Therefore, you can log in and update the information on your website.

Why we need an admin panel?

Because random users and visitors would not be able to mess with the data on the website and they change it so that is one reason that you need an admin platform.
In this way, only authorized people can edit or make changes in it.

Another reason would be, you can set up a website if you are a software engineer or web developer. However, that website would not be really easy to use to the general public.
If you are building for someone who is not familiar with technology as you are. You had better use a proven CMS because a content management system provides all the tools to
manage users,
manage content,
apply beautiful ready-made layouts to your website or web applications.

There are several content management system platforms designed for web applications and many other CMS available for a general website or web blog.

WordPress

Some of the famous CMS you might have already heard of could be WordPress. It is a very powerful CMS on the basis of structure. It is a little bit messy and it is not following the modern architectures of the web. However, it has kept updated.

There are plenty of plugins, which are something very important about WordPress. You can find plug-ins for anything.
If you want to add social media features to your blog or your website, you can find plugins to do that for you.
If you want to capture leads, there are plugins to do that as well as there are plugins to build membership areas for your users and another powerful side of WordPress.

It also has so many themes out there if you want to change the look of your website or weblog. You just go ahead do a Google search; you would find even tens of thousands of different themes out there.

WordPress is famous for its theme side. You would be able to make changes due the flexible themes of WordPress. You will be able to change the look with the least amount of effort and energy.

WordPress is an open source platform. You can do your desired changes or you can hire someone to make changes for you and make it work the way you want.

Tumblr

Another example of a content management system would be Tumblr.

What Tumblr is?

It is a content management system combined with social media. Building your weblog on a platform, which has deeply integrated social capabilities, and of course, Tumblr has its own themes as well.

However, in terms of plugins, it is not as advanced as WordPress. You can bring changes in its functionality. One good thing about it is that it gets more traffic than WordPress. It has the people's attention though and whatever you put out there, you get a higher chance of getting exposure rather than if you self-host your own WordPress based website.

Which is better for blogging?

On WordPress, you need to start generating traffic for it. However, if you do a good job at building a Tumblr blog then you get higher traffic and you get the social side of things it kind of integrated with your own weblog.

Consider that Tumblr is used mostly for blogs rather than websites.

If you are building a website, you might as well go with WordPress because of the freedom and flexibility that WordPress brings with it.

Databaseless CMS

There are new types of content management systems, which are not using a database. WordPress when you install it on your own server a so-called self-hosted you need to set up a database and it stores all the information, all the blog posts and user information into a database.

If you get dispelling light, you can just Google it and you do not need any database to work with this color management system, which makes it very portable. You can just copy and paste contents from one directory to another on a different domain.
That is a new kind of content management system coming into play. Taking away the need of a database, it uses text files instead of having a database in place.

So that is a very quick explanation on what a content management system is. It is very efficient and of course, if you are starting out you had better use a proven content management system preferably WordPress because it has the majority of the plugins and themes as I mentioned.

Employee turnover reduction formulas || 10 game-changing secretes

2019-02-14T19:49:00.003-08:00

Employee turnover reduction formula

Employee turnover has been a big challenge for companies. Are you worried about employee turnover? That some untrained fresher get training in your company and then leave. Are you wanted to reduce employee turnover ratio in your company? Then this article will help you to reduce employees’ turnover with least or no investment.

Employees either live and grow or they will leave and go.

Business has two main basic problems

Competition
Attrition

Competition: Competition brings outer problems. Means it is around us/environment on the other hand attrition occurs in the internal environment of a business, company or corporation.
Attrition: Attrition is how many employees leave your company or business.

Let me give an example to demonstrate the two.
A company, which greets his employees, for example, Tata company employees become his son in law. They never want to leave such a company.

How do so happens:
Let us penlight this reason

Maggi:

Top companies of the world such as Google, Apple, Facebook, Lenovo, IBM and Intel etc. serve them, Maggie. They don’t raise high income instead they give their employees Maggie.

Yes the Maggie is the main reason those companies.

But what I mean by Maggie?
Is this the original Maggie?
Is this eatable?
The answer is absolutely

No

Maggi means :

1. Pick and Drop Service

Suppose you have an employee who has no car or bike to reach the office. If you serve him, pick and drop service and ask him, if he shows loyalty to the company he will be given a bike a year after.

How you can do so?
It can be done as:

Fifty percent by the employee and fifty percent by the employer. Cut fifty percent of the employer when he/she promotes from his/her first income.

2. Break

Break for 20 to 30 minutes assemble all your employees in a single room or hall and serve them eatable such as tea, green tea, coffee, snack and Maggie etc.

You may be surfing them at their worktable but it not as effective as in gathering. Because gathering induce a proper environment of eating, increase their mutual understanding. The will become a friend.

Are you want to leave a company in which your friends live?

3. Timely Salary, Promotion, Bonus and Appraisal:

Salary delay is the main reason of attrition. Because it generates a long chain of delay:

Representative pay delay => business person deal delay => agency deal delay => organization production delay.

4. Insurance:

Accidental Insurance
Life Insurance
Medical Insurance

We are aware of the increase in diseases. Due to harmful foods in market.

Innovation is human effort and diseases are innovations efforts.

Make deal with insurance companies for low price insurance policies.
Suppose medical insurance requires $200 for each individual. If all your employees fill insurance, then insurance company will concise you, ten to twenty percent.
This requires no money investment it is due to only your company and employee newer give up your company.
Divide premium between employee and employers.

5. Work from Home or Flexi Schedule:

If an employee has any office work, which he/she can do at his/her home. Let him/her do at the house. Because it saves employee time, office tea, electricity bill and many other things you can think. You can also serve your employees with a flexible time schedule with respect to your business. Such as 7:00 to 2:00 or from 2:00 to 11: 00 if your company remains open.

6. Scholarship for Employee Child:

Assure that, if an employee services ten year for the company, the company will donate fund for his/her son’s or daughter’s marriage or any other important life event.
You have to make a scheme for it among employees.

7. Grocery to Blue Collar Employees:

Low-level employees such as driver, peon and office boy etc. Make little pockets of ration for them.

8. Benefits against Contract:

If your employment requires a car, laptop, bike or any other thing. Make a contract as;
If you serve for the company for 2 years, we will give you laptop or what he wants.

9. Interest-Free loan for emergency and adversity:

You can give his/her few months’ income as an interest-free loan.

Think that your employee is not for, to gain profit, the employee is used, to gain profit from customers.

Human remember two types of persons
"One who supports in difficulty and the
Other who gives pleasure".

If you care for him, he will act as a Magnet to attract customers.

10. An additional Week-off with Every Year Complete:

If an employee completes one year of service let him enjoy one week off. If he completes two years two week off and so on.
These were the Maggies.

These tips and techniques will force your employees to be a loyal employee and they will ultimately grow your company at high speed and high performance.

The committed employee has no cut. You have to inspire them. But

Only Inspired people can inspire people.

Motivated person can motivate a person

Summary:

Pick and drop accommodation
Tea, Coffee and snacks counter
Timely salary, appraisal, bonus and promotion
Insurance
Work from Home/ flexible schedule
Scholarship
Free grocery to blue collar employee
Benefits against contract
Interest free loan for emergency and adversity
An additional week off with every complete year.

These were the Maggies that are used by clever companies in order to reduce employee turnover.
You may think in view of these points that, what Maggies should you create on the basis of your business type.

4 strategic execution formula || TRA-TRS formula

2019-02-14T11:07:00.001-08:00

4 strategic execution formula || TRA-TRS formula

I am sharing you four steps of strategic execution. If you practice these four steps of strategic execution, you will become a first and fast mover from a slow and last mover.

"The strategy does not give success it gives execution".

1. Most Essential Goal:

It is the most important goal is that, if you achieve all other goals but fail to achieve essential goal. Then let me say that your game was over.

Inversely, if you achieve the most essential goal, then other goals will come back automatically.

Listen a golden statement:

“Focus on what matters the most”.

To understand it deeply I will take an example.
Suppose you are require water, you have to drill 50 ft of well for that purpose. If you drill one feet at many places, can you obtain water?
No.
You have to drill all 50 ft at one place.

So first, write most essential goal of your department, division or organization.

2. Separate Effort Score and Result Score:

For which goal, what should be your effort?
For which effort, what is your result score?

Let me explain this.

Suppose the match of India and Pakistan. Pakistan’s score is 399 for 50 overs. What should be the effort score of India to gain 400 runs?

The effort score is 8 runs per over and the result score is 400 runs in 50 overs.

3. Score Board:

“people play differently when they have a score board”.

People always try to win, if you make a score board their struggle will be two times.

Appreciate him/her on his better score. Ultimately numbers, figures and target will be in your hand, now you can engage people.

4. Weekly Review meeting:

Action was required to improve physiology and physiology is necessary to improve psychology.

How to move a business to Autopilot

TRA-TRS formula

How to improve performance of team with the help of review cycle and improvement cycle with your team?

What is TRA-TRS formula?

It is actually a framework.

Before review step you should derive rules.
Observe there is actually need of review step. Because we arrange meeting for reviews which can perform through email.

Japanese hold meeting standing around the table. They think setting chairs etc. is only waste of time.

Hold down to the agenda of meeting. Meeting should be on exact time and review cycle should keep on improvement cycle. Now I will tell you TRA-TRS Whenever you hold review meeting you should apply TRA-TRS formula.Your meeting will produce 100 percent result.

S.No	Task	Responsible	Action Steps	Timelines	Reviewer	Supporter
	What task should do	Who will do this	How will this task be perform.	When will this task be start and complete.	Who will completely review by when	Mansion if he need help then who will help him
1.	e.g. Book Flight	Employee name	Detail description should be deeply.	e.g. 1 July to 30 July 2019.	e.g. Boss Monday to Wednesday	e.g. Employee name
2.	e.g. Travel	Employee name	Detail description should be deeply.	e.g. 2 Feb to 2 March.	e.g. Seniors Monday to Sunday	e.g. Employee name

If you decide who will help whom. Your task will remain continuous. Because all requirements and objectives are on track.

You should distribute above table in all employees who have role in the table in written form.

Multi-national corporations brings everything in the form of framework. TRA-TRS is an example of such frameworks.

Let me ask you a question.
Are your employees motivated to do work in your absence?

10 Steps of selling a company or business

2019-02-14T05:12:00.000-08:00

10 Steps of selling a company or business

I got a call last week one of my good friends who runs a very successful business and as we were going through the conversation together. The topic of selling his company came up and he got nervous. He said well I've run this business all my life.
If you are the entrepreneur, the founder, the CEO or a partner in a company and you are wondering should we sell or not. Never sell a business, you're going to get a lot of clarity from this article.

These twelve points are gonna give you a lot of clarity. Some of them are gonna be points that maybe you haven't even thought about yet. Because look you may have done nine million last year or ninety-two million dollars of revenue last year maybe you did 1.6 billion dollars last year.

These twelve points are gonna give you a lot of clergies and by the way, stick around.

1. Why are you selling?

One look the first thing you have to ask yourself before even think about selling your company is

Why do you want to sell in the first place?
Why are you tired or burned out?
Are you not taking any time up with your wife or with your husband?
How's your personal life?
Are you being forced about your partner's your vendors,
Maybe one of your investors is buying you out and no one knows about it
Maybe one of your big customers is saying look you're too big we can't give you this much control we got to buy you out.
What is the reasoning?
Do you simply just want to retire and go live by in a beach house and hang out and have the money and enjoy the restaurant?
What do you want to do?

See, these are all questions you got to ask yourself. I'd go through by the way some of these I'm giving you believe me.

Many people call me and they want to come and give me $20,000 say. I want to sell my business can I sit with you for two hours because I need advice with you my partner's want to come to you. This is something you got to do with five other people sit with who have sold their businesses and afterward they change their minds and they said I wish I wouldn't have sold it.

And some that did sell it and they made the right decision? I do what you're gonna get a lot of counsel to know whether it's a good time for yourself right now or whether it's not.

2. Meet with an M&G Banker or Broker:

Once you've addressed why you want to sell the company and satisfied with it.
The next thing you need to do is, get educated and the way you do it is by meeting with an M&A broker or a banker.

This is a merger and acquisitions banker this is what they do for a living. These are guys who have contacts with lots of money.

Some are billionaires and some are worth a couple hundred million dollars. They are looking to buy businesses and this is how simple it is.

So let's just say I'm Johnny I'm the M&A broker I'm the merger and acquisition broker. I know Bobby. He's one of my clients is worth a billion dollars. Bobby wants to buy businesses I introduced him to Cindy. Cindy's business is worth a hundred million dollars. Bobby by Cindy's business. Without me, Bobby doesn't meet Cindy and Cindy doesn't meet Bobby that a hundred million dollar transaction that takes place.
I get two to five percent on that deal, which means two to five million dollars for making the contact that's what the M&A brokers do.

Now you realize when you meet with these guys. You got to know what they do that's how they make their money.

So when you meet they're probably gonna ask you a lot of questions.
What's your profit?
How many employees do you have?
Who else is on your team?

They can ask you many different questions like
What;
do you think your company's worth?
do sellers think your company's worth?
an investor would want your business?
You go through this process and this entire sit down with three M&A K bankers. It's gonna be as if you went to university for three years to learn how to sell your company.

3. Set Timeline Expectation:

Look once you figure out why you want to your business and you're comfortable with it. Then you meet with the M&A broker.

Now you're getting educated about what the market looks like. Now it's about setting timeline expectations of when you feel comfortable even having the conversation.

You may say three years I'll have the conversation, five years I'll have the conversation or ten years I'm open to it.

Now I'm very happy I burned out a little bit. But all I needed to get away, maybe I'm gonna go on a vacation with some family. Because what I'm doing here with this I'm good to go everything makes sense to me great even when you set the time on expectations.

Things could change the economy, our new president could be elected, and regulation could change.
You still have to be nimble enough to know what's going on with the marketplace and knowing that your own timeline could still change.

However, you have to mentally get to a place to say I'm comfortable for this 2023. So now have to work backwards, to ask myself where I need to be six months from now, twelve months from now, 24 months, 136 months from now. I'm getting ready for the day that I may sell the company.

4. Know your exit strategy

Once you've set your timeline you're saying I'm comfortable seven years from now having a conversation five years three years.

You know how you need to work back the next thing. You need to think about is the following your exit strategy. Meaning who is an ideal buyer for you.

Is your ideal buyer anybody with a checkbook because you can go to New York and sit down with a PE firm? Who is willing to cut a hundred million dollar check to you based on the profits that you make.
They don't really look at your business,
They don't really look at the heartbeat,
They don't really look at that stuff?
They simply look at the numbers and they say well?
Or It's a strategic buyer one of the current people you work with.

You know they need your technology, you know they need your shipping, you know they need certain things that you have that without you, they're gonna be in trouble.

So they may come in and pay twice as much as these guys are gonna pay because you have something they need. But who is that person gonna be for you? You need to identify that from now start thinking about that.

5. Define Your Buyer:

Now you have your numbers, you know your exit strategy, you know who you want to be your strategic partner to buy your business.

You're comfortable with that.
Great!
No problem you know your timeline, what do you expect from these buyers?
What kind of buyers are there?
By the way, there are four different kinds of. I've met every single one of them and I've dealt with every single one of them.

The first one

It's a person who's very interested in your business, would love to buy it. But they can't afford it. This is like a person who goes through a Ferrari dealership and they want a Ferrari. They love Ferraris, but they can't even afford to buy it. That's the first one

Second one

The second one, it's a buyer that can buy ten of you but has no interested in your business. No problem.

Third one

The third one, ready this one's a little tricky!
This is the one that's disguised as a buyer. He comes in showing so interested, but he has no interest in him buying your company.

He only has one thing in mind insider information because he wants to leak it to competitors. They know exactly what's going on?
They're trying to study.
It's like a realtor that acts like a client and a buyer and walks into the house, saying oh wow this is a nice home, what do you?
Are they going through a divorce?
What's going on with the husband-wife can you tell me?
It's a realtor, not a client. That's what happens with some of these guys as well.

Last but not least

Last but not least it's the kind you want to sit what's a person who is interested has the money and would like to cut a deal with you, that's what you want to meet with but you need to know the different kind of buyers they're gonna sit with you.

6. Increase Value of Your Company:

Now that you know your exit strategy, now that you know what kind of buyers are gonna come knock on your door to want to buy your business.

What can you do in the interim to increase the value of your business?

What could you do it's like I want to sell my house, but maybe it doesn't look that good. I've got to paint that house, I got to clean the garden the backyards kind of messy. Maybe I got to spend an additional fifty hundred thousand dollars to increase divide the company by four hundred thousand dollars.

So in the interim what could you do hire a new CFO (Chief Financial Officer)?
That kind of knows what they're doing that's been through this process before. Could it be technology, could it be increasing sales, could it be extending your contracts with your customers or your vendors or suppliers? There are certain things you can do today to increase the value of business between now and the day you sell your business.

7. Call Lawyers and Organize Contracts:

The next thing is a little dirty because you got to start dealing with attorneys.

You know how I feel about attorneys, by the way, I'm not a fan of 80 percent of attorneys. But when you find a good attorney, you got to keep them, you got to bring your attorney. Spend a little bit more money and get the attorney to update every single contract.

Bring it all in one place because when somebody buys a business, they're looking for all the contracts, all the agreements. They’re really relying on this stuff sometimes. The value of a company is based on the contracts and the agreements that they have with their vendor partners all those different kinds of people you were dealing with.

8. Find CPA’s and Hire Regional Team:

Now we've got to talk to your CPAs and by the way, there are a few things you got to be thinking about when it comes down to CPAs.
Here's a couple things, one what is the buyer expecting to see with your finances. This is what a buyer likes.

I am NOT a fan of businesses once they cross $10,000,000. Your business to still deal with a friendly local CPA, I'm not a fan of that. A friendly local CPA is good if it's one office shop and you're doing a couple million you're fine they can handle that.

Very impressive audited Financials could cost twenty-five two hundred thousand dollars depending on how the business is. It could cost millions of dollars. But I'm saying a business that that's 50 million. Your hundred million dollars a year could cost you between 25 to 40 thousand dollars 25 two hundred thousand dollars you're doing. But it's audited Financials and the most consecutive years you have audited Financials, the buyer likes this the value goes higher.

Explain

Let me explain it in a way that makes sense to you.

Look if you want to buy a house you've got to get your credit score done earlier to know where you're at. Because you're gonna know why is my score 620 here, why is it 6:30.
I know I'm not gonna get the best interest rate. So you first fix you credit then you go see if you're gonna get a proof or million dollars home.

It's gonna be the difference between you paying you to know forty-nine hundred dollars a month for mortgage payment versus $7,300 my for mortgage payment because of your credit score.

So this is the difference between a buyer wanting to buy your business for 180 million dollars versus buying it for ninety-two million dollars. That's a big difference. I like baseball cards I don't buy baseball cards that are not greater by PSA. I don't buy them because that gives me credibility.

The same goes that a buyer buys a business that has audited financial from a very good size good name accounting firm.

9. Have a Good Story For A Buyer:

Let's just say at this point you've done your attorney stuff, you done your accountant stuff, you're ready. It's that time you already through the five years from now to go out there and start putting your business in a marketplace.

Are you ready to tell your story?
How are you gonna sell your story?
What is your story?
Is your website aligned with the way you want to tell your story?
Is it updated?
What does your home office look like? Is it an updated home office?

There's a look like the businesses within your industry where somebody comes in and say wow I like the way these guys dress up here.
What is it?
Do you have proper marketing material?
You have a pitch deck
What does your presentation look like? When you go and say. Hey, here you go mark you the material marketing, material marketing material, marketing material oh wow this is good stuff high-end stuff.

You may want to spend a little bit more money before you present your business to buyers, that you are expecting to cut a big check for you. So you got to spend some time getting your story together and your website marketing, Home Office, all of that stuff it's part of the story.

10. The Negotiation Process:

It's that time like a fourth quarter type of stuff.

Typically, owners take two different routes;
One is the owner says, I don't need anybody's help, I don't want to pay anybody a 5% broker fee. I know how to sell the business, I don't need anybody so and they go by themselves. It's one of the ways you could do.

The other way is you go and hire somebody, you hire a team, you hired the M&A broker the banker and they come and help you sell.

Now, why is that a good thing well, I typically believe in capitalism because a lot of people make money for the unit. If a lot of people make money together and you put the tiers of bonuses based on what amount they sell it for. You're probably going to sell it for a higher number than you thought we're gonna sell it.
I lean more towards this side, especially if you're dealing with a hundred million dollar plus check. Go get a pro. Some of you that are not good in sales and you're selling for 10 million you still go get a pro.

So these were the 10 steps of selling a company you should follow before selling your company. By following these steps of selling a company will prevent loss.

9 Business Process Automation Benefits with definition

2019-02-13T13:37:00.001-08:00

9 Business Process Automation Benefits

Following are the benefits of process automation. These business process automation benefits are common benefits. There are several other benefits depending upon the framework that a company holds on.

Productivity gains
Improved team performance
Enhanced managerial reporting
Error reduction
Cost reduction
Higher quality
Analytics
Efficiency

Definition

Business Process Automation means Robotization of procedures that decrease or even wipes out the need to perform work with manual controls. Business process automation works on certain frameworks, that automatically performs the work by itself

Or,

Every business is made up of processes.
How do you get from point first to the next?
Whom does it go through?
What department does it hit?
All these things that happen inside your company that you train somebody, to do these, are called business processes.

What you might not realize that; a lot of these can actually be automated by moving them into the background. What allows you to do, is to, get better insight into your company.
I have higher quality control and increase efficiency so what I want is to go through the big benefits of business process automation.

Benefits of process automation

1. Productivity gains

Process mechanization incredibly lessens the need to perform manual assignments. This causes a shorter time to carry out the necessary demands. This agility can also be reached on access to information and its sharing.

2. Improved team performance

Automated routine tasks.
Employees get leisure time, which can be used to develop strategies for other tasks that require greater involvements.

3. Enhanced Managerial Reporting:

EMR is another benefit of process automation. The software allows you to generate reports that give the manager a much wider and complete view of the results of its operations. This consolidates information too and renders easy access to the information. Help in decision-making and creating plans.

4. Error Reduction

As the processes end up being executed automatically. The error rate of the tasks is significantly reduced. This, thusly, makes individuals have more power over the procedure, which enables them to recognize even more effectively. The enhancement distinguishing proof process ends up more straightforward and progressively self-assured.

5. Administration and unwavering quality

The consistency of robotized forms implies you can depend on
(a) Your business procedures to work and
(b) You can offer solid procedures to your clients, keeping up the upper hand.
The unwavering quality of work process mechanization guarantees, that forms fundamental for corporate administration is executed 100% of the time as per enactment.

6. Cost reduction

Cost reduction is one backbone benefit of business process automation.
Expanding an efficiency, decrease of blunders and diminishing the requirement to revise:
Enhanced team execution and enhancing forms at last lead to bring down expenses, either by decreasing itself or through the end of the waste either by reducing itself or through the elimination of waste.

7. High Quality

The reduction of waste and errors, with continuous improvements, impact positively on the quality of products and services that are offered to customers.
The organization likewise begins to see an enhancement in administration through deftness.
The automated process flawed humans. We make mistakes; we can only work on one thing at one time.
By moving that into the background, what allows you to do is make sure that every single process inside your business that you automate meets your qualifications.
Basically your quality goals every single time means, your customers are happy because they're getting a consistently excellent experience.

8. Analytics

Because the process is automated, it has done in the software so you can get valuable insight.
How your business runs potential bottlenecks?
How long it takes tasks to time.
Where are the inefficiencies can be gained inside your company?
What it allows you to do is have that data.

When you make those changes, you can actually go back and compare it to find out
How much of an improvement was it?
What other gains can be made?

9. Efficiency

Because you're taking a lot of these processes in here. A lot of these are mostly that we find, when we help our clients with these is, they're just communication it's moving documents and files and notifications from one person to the next.

Because you can move that all in the background.
What it does is, it frees all of your employees to focus on tasks that are more valuable and more profitable to the business.

They are not spending their time notifying people and passing documents around and copying three different departments for everything they do. All that happens in the background.

Because it is software based, it's not being done one after another. A lot of these tasks can be done congruently. So copying people and notifying everyone of different tasks.
All these things can happen simultaneously and practically instantly in the background.

Armada liberating you and your representatives to take a shot at things that are progressively proficient. Increasingly important for the organization. So, in the end, the big benefits of business process automation, your customers are happier.
Your employees are more efficient and you get better insight into your business.

Conclusion:

Business process automation benefits getting to be basic for methodology each groundbreaking organization. It upgrades your hierarchical administration, gives you a chance to settle on increasingly educated business choices and builds the yield while decreasing expense.

business growth strategies grow your business 10 time

2019-02-13T09:21:00.001-08:00

These business growth strategies are not according to international business growth strategies. This article will realize that how can you increase your business with some secret strategies that I have shared here.

If you are a student and want to know the introduction of business growth strategies, then this article is not for you. You may click here to get basic knowledge about business growth strategies.

If you are an entrepreneur or if you have a small branch, a small shop or a small center. I will tell you how to make a hundred branches of one branch and one branch of hundred branches.

I will tell you five steps. For this purpose, I am going to take an example of Poojara telecom (an Indian company started by a transmission assistant Mr. Yogesh Poojara in 1994). A well-known person of Gujarat.

In 1994 he owns a store. 2011 owns two stores. And in 2018 ran 50 outlets. Now he is fully prepared for 108 outlets.

How?

I am sharing you the five reasons:

WoW low-cost Marketing Idea/Strategy:

They bring such ideas which compel non-consumers to become his consumer.

In India, women are non-consumers of mobiles but he makes them their consumers. He does as:

Before the beginning of every festival, he holds Henna camp at his every outlet. Which makes a long line in front of his outlet.
They sell selfie stick for women only in 19₹. This brings new customers. They install their name in customers mind in such a way that the customer brings new hundreds of customers.
let us another interesting example. Sometimes they give a bonus equal to the customer’s weight. They weigh customers in weighing machine. Fatty customers say first time benefit of fatty in my life.
2-liter petrol at a cheap mobile.
Scholarships for intelligent and toppers children.

Yogesh Poojara says:

“Happy customers will bring more customers.”

They give loyalty card to customers which include some bonus point. Which forced customer for next coming.
At last the game-changing one is the 90 days box-to-box replacement guarantee. They guarantee of replacement within 90 days if any fault found in mobile with the exception of mobile company.

G H T C Strategy:

G H T C is their core value.
They say our every employee eat, drink, live and sleep with G H T C.

What is G H T C?
It means
G:   Genuine
H:   Honesty
T:   Transparent
C: Commitment

They say the product should be genuine. There should be no compromise in genuine product.

Are you know, today many mobile retailers open box and change accessories such as charger and hand-free. Then pack it again with the hair-dryer machine. If the charger is replaced, your one Lac mobile will go to hell.

Technology is their entry barrier:

They adopted technology faster.
They knew that, for the progress of business and to create a hundred stores of one store. We should hold up with technology.

They made their own

In house software development
In house mobile application
ERP
CRM
Live customer tracking

If you go there at any outlet, for mobile exchange, they enter IMEI no, mobile model with charger, battery, box, earphone and valid bill in their software.
The software shows the exact price with the given specifications of the mobile. Then they will pay you that price.

Mobile Promoter Ultra Software strategy:

In their every outlet, they have Mobile Promoter Ultra Software. Which enables an untrained junior to sell more products and convince the customer by telling every feature of every mobile.

In this way, they reduce employee cost, and the benefit of technology redirects to customers. Ultimately, customers are empowered to come again and again.

Right Man Power will Make You a Super Power:

They have built, in-house training department.
Strong HR department engaged manpower.

They train their employees for 14 days before joining the company.

1^st Day induction department interaction.
2^nd Day company ethics and floor understanding.
3^rd Day product training, then mobile technology and flow test training.
4^th Rack training
5^th Day soft skill and body language with role play
6^th to 12^th Day selling skill, role play and situation analysis
13^th Day manager, HR policy and manager interaction.
14^th Day meet with the director, feedback, training score and certificate.

Not only this, but they also give

Marriage expenses for female employees
Medical facility
Monthly ration to low-level employees.

Mobile SEA off one-stop solution strategy:

Service Exchange Accessary

If you want to return your mobile where you were purchased.
Will the retailer agree with you?
Absolutely Not, he will say go to the service center. I am only a retailer not responsible for your mobile after purchase.

But on the other hand, Poojara says you are our special guest, you don’t need to go to the service center.
We are responsible for your mobile.

You cannot make a loyal customer with a bonus. You can do with experience with the customer.

They have their own

Board-line number
Helpline number.
They do Cross-sell (selling an additional product or service to an existing customer) and
Up-sell (sales technique that induces the customer to purchase more items).

A customer who come there for mobile purchase also purchase woofer. Due to their services and interaction with customers. Which increases their turnover alternatively customer gets to experience at one place for all accessories.

They have now 400000 customers.

Poojara focus on

Training and Development
Growth Orientation
Improvement and Orientation

You may apply your desired or all of these business growth strategies for your business in order to grow your business more than before.

Multi level Marketing Steps of Business, Companies or Organization

2019-02-10T08:27:00.000-08:00

Purified Knowledge

It is difficult to study and choose the most effective and must have steps from hundreds of re-known multi-level companies. But after multiple pieces of research. We found the three most common and basic steps of multi-level marketing of top companies. Here I am going to discuss, three multi-level marketing strategies, which are common in the worlds top companies:

Product Evolution
Competence Evolution
Performance Evolution

Because according to Dr. Vivek Bindrah we should believe in

Tips
Secretes
Strategies
Frameworks and
Executions

These three steps will make your company’s roots strong enough. Now let us begin.

1 Product Evolution

It has three main parts.

1. Need and Urgency of your product:

Try to understand the need and urgency of your product in the market. Many companies bring the product, which has a high margin, not the high need.

2. Identify the Uniqueness of the Envisioned Product:

Are you selling the product, which is already in the market? If yes, then how much it contains features which are not available in competitors products.

3. Repurchase:

Are you selling a product which is not repurchased able? For example, suits which a person will not purchase again, but after a couple of years?
You should such products, which have high repurchase revenue.
If a company does not evaluate his product. Ultimately the company will suffer in, expensive, negative, disruptive and time-consuming.

Good global joints always built problem-solving products. A product which solves the burning problem of the market. If you produce a product which solves the burning problem of the market, you will never need multi-level marketing.
All digital brands traditional market work on PSP (problem-solving products). Either it Google, Facebook, Tesla, coca-cola, IBM, Alibaba, Amazon or Microsoft.

2 Competence Evaluation

It also separated into three parts.

Personal effectiveness
Inter-personal effectiveness
Organizational effectiveness.

1. Personal Effectiveness and Inter-personal Effectiveness:

Personal effectiveness means how much you are internally powerful.
Have you the ability to face negative and failure people?
Can you tolerant 95% negative and failure out of 100%?

This is the basic need for inter-personal and organizational effectiveness.

If you are 80percent effective, you can’t create 100% interpersonal effectiveness. You should transfer the conviction and enthusiasm to the customer or client in order to increase your sale.

Can you influence your customers?
Can you handle the objection and rejection of people?

2. Organizational effectiveness:

Organization effectiveness consists of the up - line and down-line.

What is your behavior with up-line and downline?
If your behavior is bad or ineffective with up-line, then you should soon realize that your game is already overed. A person who does not respect his senior will no longer last. In addition, how much you can influence your down-line.

Competence requires Better company and your power. Action man: Always ready to take action and should have the following qualities:

Speed
Execution
Decision
Fast move

Process man: Process man has certain criteria. He is a step by step procedural man.

Data
Testimonials
Reference
Details
Steps
Analysis

People man: Makes relations with people. Idea man: Creates new pathways to solve problems. He is creative and has the following Goodnesses.

New alternate
New solutions
Creative thinking
New patterns
Never stuck

3 Performance analysis:

You can guess your performance and speed level by using a similar model given below. Have you designed effort score and result Score?

Result Score

Strategy Worksheet

1.	No of Calls Made	Daily
2.	No of meetings done	Daily
3.	Repurchase	Daily
4.	No of Hiring/ Joining	Weekly
5.	No of meetings and programmes arranged as Up line	Monthly

Make a scoreboard for above worksheet as

Score Board
	Monday	Tuesday	Wednesday	Thursday	Friday	Saturday	Sunday	Total
Calls	100	95	88	99	45	34	56	517
Meetings
Repurchase

You should make a benchmark for the following: Total calls, meetings and repurchases, weekly joining and programmes organized for organizational effectiveness. Have you arranged the following training to your employees? Motivational training, Skill/will train, Soft skill training, Behavioral training, Technical training, and Product training. If you succeed in achieving the effort score, then you will automatically achieve result score.

Summary:

These three steps of multi-level marketing of top companies.

Product Evaluation␏␎

Need and Urgency of your product
Identify the Uniqueness of the Envisioned Product
Repurchase

Competence Evaluation

Personal Effectiveness
Inter-personal Effectiveness
Organizational Effectiveness

Performance Evaluation

Effort Score
Result Score

High Performing Team Building Characteristic Rules

2019-02-07T11:32:00.001-08:00

Purified Knowledge

Definition:

A high performing team is a group of individuals, who share a typical vision, objectives, measurements and who work together, test and consider each other responsible to accomplish remarkable outcomes. It is the first and most important step to build a high performing team for the growth and progression of any organization.

Before the discussion, about the ten most effective characteristic rules to build a high performing team you should familiar with the importance of collaborative working and its advantages. Because:

High Performing Team Building Characteristic Rules

Are you need a team whose speed as well as performance is high?
Are you want each member of your team to be able to perform the work of five persons?

But unfortunately, you have five such useless members who perform as a single one altogether. Many competitive teams you can finish, destroy, lose, break or root out with the help of the high-speed collaborative team. In order to increase speed and performance, you have to incentivize the role and goal. There are many techniques to do so, We share 'the ten effective techniques'.

1. Give Your Team members a Paid Vacation:

Let's Golden Statement by Dr.Vivek Bindra:

"Anything that is appreciated gets repeated".

Whenever a person appreciated for any reason, he/she repeats that again and again.

What happens if the player who was the right of "man of the match" but he did not give it due to any reason. Of course, he/she will lose loyalty and sincerity with his/her team. On the other hand, he was given "man of the match" and some extra appreciation towards team members. Of course, he/she will struggle much more than before on the next chance to get "man of the match" again.

2. Give trophies and certificates replace with cash:

Mostly you need to appreciate employee by money. But here we will share the free practice of appreciation. For that reason, you have to ready HR, who will decide the roles and goals of individuals. When individuals perform their respective role, you should give them trophies and certificates. It is a type of low investment tournament among employees.

3. Coffee with the CEO or lunch with the boss:

Lunch with your top performers of last month or at least coffee in a five-star hotel. Make selfie and paste them on the notice board.

4. Photo, Video Case Study of High performers:

Make photos and Videos of high performers, make a testimonial, share them on social media and make a short case study of it.
Admire both effort and result.

Your high performers should be distinct as compared to a normal member of the team.

5. Star Performer to represent the company:

You have many loyal, sincere and pillar employees. Let them the opportunity to represent themselves.
Whenever your company gains Reward, Award and Recognition your team should be at there with you. Receive awards with them.
Hold them mic in public speaking, social gathering and in meetings.

6. 100% attendance/punctuality/ Consecutive 90 Days:

Distinguish and appreciate who show punctuality, On hundred percent attendance in early 90 days. The

Intellectual capital and
Financial capital

are the two main pillars of the company. To acquire these two, we have to gain human intellectuality which can be made possible by strengthening team members.

7. Loyalty and ownership:

Give rewards if a member:

Prevents the company from stealing,
Prevents the company from cheating, losses, and damages.
Mostly, who prefers the company on their own.
Performs something extra initiative for the company.

8. Appreciate in public and Correct in private:

Make a simple and short magazine of high performers. Appreciate as much as you can. Call the ineffective person in private and ask them as:

What can I do to improve your performance?
What should we collectively do for the progress of you and our company?
I know you have the ability. So please show your talent.
Means ask him/her politely but deliver your hard message.

9. Recognition for improvement in cost, quality and customer Centricity:

Incentivize the person who does something that;

Reduces the cost of the company.
Increase quality.
Increase customer satisfaction.
Generates positive cash flow, etc.

10. Performance Linked:

It can be something as

Monthly Party Outing
Sports Events
Motivational movies and
Celebration

Henry Ford Says:

"You don't have to build the business, you got to build right people and they will build your business".

If the company grows, people will automatically grow and if the company sinks people will automatically sink. These ten 'rules of a high performing team' are the backbone in order to take up your company on sky level.

Summary:

Summary of characteristic 'rules of a high performing team'.

Give Your Team members a Paid Vacation.
Give trophies and certificates replace with cash
Coffee with the CEO or lunch with the boss
Photo, Video Case Study of High performers
Star Performer to represent the company
100% attendance/punctuality/ Consecutive 90 Days
Loyalty and ownership
Appreciate in public and Correct in private
Recognition for improvement in cost, quality and customer Centricity
Performance LinkedCharacteristic Rules to Build a High Performing TeamCharacteristic Rules to Build a High Performing Team

Purified Knowlede

Passive Income Ideas, Proven 11 Ways to Make $1000+ Monthly

Passive Income Ideas, Proven 11 Ways to Make $1000+ Monthly

First Passive Income Idea

Robo Advisors

Second passive income idea

Third passive income idea

Passive Income Idea Number Four

Idea Number Five

Patreon

Examples

6th Passive Income Idea

Writing a book

No 7th Passive income Idea

Physical products

On to number eight

Real Estate

Passive Income Idea Number Nine

YouTube

Idea No 10

Last Passive Income Idea

Online course

What is real estate crowdfunding 5 ways to invest in crowdfunding

What is real estate crowdfunding?

Definition

Crowdfunding Site

How to Make Money with Real Estate Crowdfunding

First way

The second way

Third way

Fourth way

The Fifth and Final

Easier to get future Funding

Begin to see side benefits

It’s Profitable

Conclusion

Small Business Growth by Jack Ma (Alibaba founder)

Small Business Growth by Jack Ma

Story

Believe the dream

How can you create a happy Environment?

When you have a dream

About Resources

Your Dream and Belief are your Recourses

Where is the opportunity?

Difference between build a company and a platform

Types of business degrees and salaries Highest paying jobs

Business Degrees and Salaries

Degree as a Management analysts:

Market research analyst:

Compliance officers:

Purchasing agents:

Compensation, Benefits and Job Analysis Specialists

Conduct an organization’s compensation and benefits programs. Evaluate position descriptions to determine details such as salary and person’s classifications. Highest SalaryMedian SalaryLowest Salary $99,000 approximately$62,000 approximately$ 40,000 approximately

Claims Adjustors, Appraisers, Examiner's and Investigators

Evaluate insurance claims, deciding whether an insurance company must pay a claim, and so, how much.Often works outside the office inspecting damage buildings and automobiles. Highest SalaryMedian SalaryLowest Salary $96,000 approximately$64,000 approximately$ 40,000 approximately

Degrees as a Financial and salaries

Personal finance advisers

Financial Analysts

Financial Examiners

Credit Analyst

Accountants and Auditors

Insurance Underwriters

Budget Analysts

Degrees in Management and salaries

Chief Executives

Computer and Information Systems Managers

Financial Managers

Human Resource Managers

Marketing and Sales Managers

Purchasing Managers

Medical & Health Service Managers

Degrees in Sales Category and salaries

Securitas, Commodities, Financial Services Sales Agents

Real Estate Brokers

Sales Engineers

First Line Supervisors of Non-Retail Sales Workers

Sales Representatives Wholesale and Manufacturing

Insurance sales agents

Sales Representatives Services and All Others

6^th Passive Income Idea

No 7^th Passive income Idea

Conduct an organization’s compensation and benefits programs.

Evaluate position descriptions to determine details such as salary and person’s classifications.

Highest Salary Median Salary Lowest Salary

$99,000
approximately $62,000
approximately $ 40,000
approximately

Evaluate insurance claims, deciding whether an insurance company must pay a claim, and so, how much.Often works outside the office inspecting damage buildings and automobiles.

Highest Salary Median Salary Lowest Salary

$96,000
approximately $64,000
approximately $ 40,000
approximately

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