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General Article

Fatal Error in Business Negotiations

If you are a businessman, then the negotiation becomes familiar. You will negotiate with everyone, from your clients, business partners, or employees. Negotiation is the foundation of entrepreneurship. Therefore, it is important to avoid fatal mistakes in business negotiations. The following mistakes in negotiating:

Business

Too Greedy

If you are too aggressive and demanding too much, your relationship with the related will be broken and negotiations will go badly. In business, emotion plays a very important role because it will determine your actions. The desire to press opponents to get a more profitable business deal will surely come up. And sometimes our ego to win in a negotiation will also strengthen. Therefore, it takes high self-awareness and also the humility to overcome this sense of greed.

Not Knowing the Business Negotiation What is running

There are two types of negotiation commonly faced by businesspeople. The first is asset negotiation, which usually happens only once and here it is clear who the winners are and who is the loser. An example of this type of negotiation is at the time of equipment sale. In this negotiation, the seller will maximize the selling price without thinking of the long-term implications of this business deal. By the time this business deal ends, you will not need to work with that buyer again. This type of business negotiation is more aggressive.

The second type of negotiation is when both parties maintain their business relations even after the negotiations end. This type of negotiation is more complex and keep in mind is trust, respect, and admiration have a high value in the business world. All three should be included in the negotiation strategy and also safely protected.

A Risky Gamble

It should be realized that in a negotiation, the other party may just walk away. Yet if this concerns a strategic relationship, it will appear a huge cost for the impact of the negotiations. If a business relationship is an ultimate goal, then you must maintain your aggressiveness or you will lose everything.

At the time of negotiation, keep in mind that the very possibility of errors just because of ego. Therefore, successful negotiators should pay attention to all three of the above to prevent the risk of losing everything.

Such are the Fatal Mistakes in Business Negotiations. Maybe useful.…

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General Article

Entrepreneurs Fatal Mistakes that You Must Avoid

Entrepreneurs or businessmen who have not enough knowledge and experience almost certainly make a lot of fatal mistakes in business. Not just beginners, the even senior businessman also can make mistakes. Of course errors in this business should avoid so as not to have a fatal impact on our business continuity.

So what are the mistakes in doing business that we must avoid? Here’s the review.

The Cashier also appointed as Finance Section

Never put the cashier in charge of the company’s finances. If you do, the first mistake in this one business will greatly threaten the company’s survival. Why? Potentially great manipulation of financial statements.

You will definitely find discrepancies between the data in the field and the existing financial statements. This also applies to marketing people. Should not let a marketing person manage the company’s finances. Although his personal nature is neat, thorough and disciplined. Should appoint the right person to focus on handling your business finances.

The Marketing Section Saves Money Too Old

The marketing or sales department should not save too much money. Characteristics of marketing are relatively difficult to save money, so potentially money will use up.

Do not let the sales department in our business save money for the sale in a long time. Should be immediately deposited into the financial section so that the outflow of funds can be more controlled.

No Repercussions

When it should fire an employee or remove a member of a business team, it does not have the heart to defend. Though the person is not productive, or even a parasite that damages the system within the company. Do not let someone like this in our company, so as not to bring negative effects that threaten the business.

An entrepreneur must have the mental to fire people. Of course with reason that can be accounted for. If not, a greater loss would befall the company. The nightmare of a bankrupt company and other innocent employees will be affected.

It’s better to fire someone who deserves to be fired. Rather than sacrificing those who contribute positively to the company.

Not Strict

So Leaders in our own business certainly give us more power. Includes the authority to make policy or decisions. If you can not be firm, the people in the company will be a lot of violators. Some even dare to repeat it many times.

Be firm to yourself and also to employees. This will be a positive role model for them. Thus, you will be respected and respected as a leader.

Unite Personal Money with Company Money

This is one very fatal mistake. Company money can be used unintentionally for personal use. So it does not feel the balance of the company suddenly becomes zero. Our business will quickly go bankrupt.

We recommend separating personal financial management with the company. Do not just because the business is self-owned, so casually in the finances. Save the finances in different savings accounts.

Separate your salary as the business owner from income, with reasonable amount only. Do not take company money, unless pressed. But do not forget to be returned.

Undisciplined Entrepreneurs

The more tolerant, then we will be further away from the goals in business. Discipline for a businessman is a mandatory thing that should take precedence.

The discipline of time, discipline in carrying out the plans that prepare. Discipline in recording finances and discipline in other respects. If no discipline, there must be chaos in business. The company will be difficult to develop because many things are not right.

We do not want our business to run aground. Especially just because of the trivial things that we actually realize. Hopefully useful for those of you who will start and also who is running a business.…

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General Article

Plush Toys for Adults

Plush Toys for Adults

It’s a common misconception that plush toys are not for adults. A lot of people would think that stuffed toys are reserved for the kids. It’s easy enough to think of a reason why there is this misconception. After all, they are toys, and toys are usually for kids especially the cute plush toys. Toys were initially designed to entertain kids. Development of toys led them to being an aid to the kids’ development as well. As adults, we don’t need toys for development, and we certainly don’t need them to entertain us. So why is there a market for wholesale stuffed toys for adults?

Cute plush toys are a source of comfort for a lot of adults. While this can be seen as childish by some, there’s something about hugging squishy stuffed toys that makes everything seem fine even if it isn’t. Maybe it reminds us of the time when we were little kids. We didn’t have any problems back then. It was just us, our plush toy and a whole lot of fun the whole day. Cuddling plush toys is comforting. Although nothing can replace the comfort of cuddling with another human being, however, stuffed toys are a great second option especially if we’re alone.

Then there’s the case of plush toys being collectibles. Cute plush toys enjoy a distinction of being a popular collectible. It’s easy to collect the newer ones. It’s readily available in toy stores and even in online stores. It’s cheaper than the other collectibles, and there are a lot of designs to choose from. A lot of enterprising individuals are realizing that there is a market for them, so they make them in bulk, for resale. While it’s true that they have profit in mind, they’re also satisfying a demand for them so it’s a win-win situation for the manufacturer and the customers.

Vintage plush toys have also proven to be a good and profitable investment. Cute stuffed toys from the 50’s are fetching a price of 80 to 100 dollars each. Because they don’t have mechanical parts, it’s easy to resell them because there’s nothing to fix if you took care of it properly. This brings the point of plush toys being low maintenance toys. You just have to clean them regularly, and not expose them to harmful elements. If you buy them now and take care of them properly, you can easily sell them for profit years from now. That is if you ever want to sell them.

If you have an idea for wholesale plush toys, you can easily join the fun. You just need to take that idea and with the help of a manufacturer, you can turn it into a reality. That way, you can help provide comfort for adults and a source of joy for collectors.…

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Money

Awaken the Entrepreneur Inside of You

Not all of us have the drive to be an entrepreneur; many are contented of just being an employee and expecting that the company or your boss will provide a good retirement for you and/or that the government will support you very well when the time comes since you have diligently contributed to the government social welfare programs.

But is that enough assurance for you? With the current population (In the UK-62M; Spain- 46M & PHILS-95M, these are 2011 estimate) and the increasing life span of people plus the demands for various benefits from the government.

Can you really rely your retirement to the government benefits? And in your job, where there is no guarantee with the ever changing economic condition in the countries today. Even if you made it through having both until your retirement age, let me ask you this would it be adequate to sustain your daily needs after your retirement age (which normally around 65) without considering any unforeseen circumstances that may occur? And your life span as according to studies could reach to 80 years old or more plus the inflation rate of our basic necessities in life.

Just think about it one moment, how do you want to live your life after your retirement? Do you want just to get by and hope no major crisis could come into your life or a feeling of financial freedom that whatever happens you know you are prepared and ready and you would not be a burden to others especially to your love ones? It’s time to act now and find ways to have multiple sources for your retirement.

I am not saying you quit your job or stop contributing to the government, but it’s best to have alternatives all the time and prepare for your future as you never know what may happen. As Jim Rohn had said “Keep your day job, and start a business on the side”

I am sure you are aware that the rich and successful people have their own businesses or investments as they believe in the higher potential gain from it. And not only one business but they have put in on different investment vehicles such as going into other businesses, investing on mutual funds, insurance, stocks investments and more. So if you want a life of financial abundance, you must study and learn how those people manage to have and keep it.

It’s similar to losing weight, you learn the diet and exercise habits of fit people that you know and try to imitate them to get the results that you want for yourself, right? So, it starts from that, remember that you grow from learning, and then act on it! Persistent and committed application is necessary to get the results you want.

As Jack Canfield says, “If you want different results, you have to do something different. Such a simple statement, but one we often forget. Try new things, take new actions, and take risks!”

Take out that idea that the rich people were born rich and that they are the only ones that will always be rich. According to studies in the US, more than 80% of the deca-millionaires (people with a net worth of $10 million or more, based on the study conducted by Dr. Thomas Stanley from his book The Millionaire Next Door) are first generation millionaires meaning to say they built their wealth from nothing. They just devoted themselves to planning and acting on their goals in order to achieve the life that they want.

And take note that it’s not about their technical skills and knowledge. In a recent study conducted in Harvard University about the factors that contributed to the person’s success; they found out that only 15% is due to technical skills and knowledge while 85% comes from the person’s attitude, personal skills, enthusiasm, self-discipline, desire and ambition (learned this from Dave Ramsey) See how important it is to have clear goals in life and how your attitude towards it can entirely affect the fulfillment of your goals.

A real life example of this is a friend of mine and we both went to high school together. And I am so happy and proud of her on what she was able to achieve. You can watch her video below where she was featured in one of TV shows (Kabuhayang Swak) in the Philippines. It was broadcast during 2008, but she started way back 2001. It took her 7 years to get where she wanted to be and as of today she still keeps on improving and going into other businesses. The video is in tagalog, but for my foreign readers the best part of what they mentioned are these:

After showing what she has achieved from her businesses, the commentator said …

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Profitability

What Your Accountant Doesn’t Want You to Know

Are you getting tired of getting slapped around by the tax man? I finally became tired of selling my product, only to learn that those that had purchased rarely set aside time to implement it. I didn’t get my degree in accounting or even finance, but during a visit to my CPA’s office, I made an interesting discovery; he had people much less qualified than I was keeping my company books! What did that tell me?
Accounting Software has automated many of the processes of bookkeeping allowing business owners and/or bookkeepers spend less time with dull accounting tasks and are shortening the amount of time required on your company books. Many times, you are billed a monthly amount for work that took one of their in-house, minimum wage bookkeepers 10 minutes to complete.
Who knows a business better than a business owner. I know out-sourced accountants know about numbers, but they aren’t fighting in the trenches like the owner does, so who better to be involved in the accounting/financial matters of a company than the owner?
Now tell me, what business owners wouldn’t like to know how to read their own company financial’s? If you are a business owner, do you know your profit margins? Your break-even point? Do you know what capital structure is?
Remember, these are things they don’t want you to know because it keeps them in business while financial software begins to automate the tasks that many of us are paying a premium for.…

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Online Business

Effective MLM Prospecting Methods

There is hardly a business owner who is not looking for effective MLM prospecting methods. If you are concerned with this burning problem as well, then this article will help you find a proper solution. It is important that you realize that this particular business does not involve non-stop selling routine only. Instead, it is a kind of a “relationship” business, since you will have to communicate with your potential customers and distributors and establish strong contacts and relationships with them. Consequently, you will not go without real communication and you have to be ready to face that.
Another issue you should consider is staying persistent and consistent when introducing your network marketing prospecting methods. Do not hesitate to tell people about your business opportunity. This is how you can be able to get profits. Unfortunately, not all marketers are ready to use the benefits of these methods simply because they are not seriously motivated to set up a truly sustainable multi-level marketing business. No wonder, such marketers will not succeed in it. But if you passionately wish to build a profitable company and recruit quality prospects, you should be ready to strive for it.
How can you find those people to be recruited into your multi-level marketing business? Basically, we may differentiate between three basic types of online marketers, who may help you boost your multi-level marketing business. What we talk about is 3 types of lists, namely the so-called “hot market”, “warm market” and “cold market” lists. What is the difference between them? Let us try to find it out now. The first group of people includes your family members and close friends, who are always ready to help you reach your goal. So, you will not face serious difficulties when trying to recruit these people into your company.
The “warm market” lead list involves people whom you meet occasionally. In other words, they are your acquaintances, who may either join your business under particular conditions themselves or may offer you contacts of other people, who have a desire to earn extra money. Finally, “cold market” prospecting implies recruiting unknown people. This is probably the most complicated audience to target, since you do not know how straightforward they really are and if they have any desire to cooperate with you.
Having gone through these three lists of prospects, you will get an approximate number of people you would like to offer your products and services to. Still, make sure these prospects are really interested in your business opportunity and can make regular monthly payments. This is how you will know that they are genuinely encouraged to deal with you.…

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Income

Work From Home Business Ideas To Suit You

Work from home business ideas can come from anywhere; it’s how you develop them that make them worthwhile and a potential money earner. But no matter how great the idea and how innovative it is, if it doesn’t suit you, it’s highly likely that you’ll lose interest from the very start and won’t progress. However, the simplest of ideas can prove to be a very lucrative endeavor and if you enjoy doing it, then you will be earning money while having fun.
The first thing that you need to do is to learn what you are most passionate about. Do you love pets? Maybe you can start a pet grooming business in your home. With just a little area for keeping the pets, a table to work on, some tools of the trade like scissors, clippers, and shears, and some advertisement, even a website to reach more customers, then you can work from home with pets and earn some money.
Next, try to work with what you already have to save on costs. Are you an artist? Do you have paints and other art materials lying around? A great work from home business idea would be to create customized shirts, shorts, or footwear. Use your creativity and do custom order designs. Draw cool art on shirts or on slip on shoes. You can even ask for a premium for your original art. Just take the orders from your website and you can send the finished product anywhere in the world. You have the whole world as your potential customers.
Work from home business ideas are boundless, just remember to custom fit it to your personality and lifestyle.…

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General Article

Greetings for Gulliver

Greetings for Gulliver

It is certainly true that within the extended realm

of Irish literature the greatest characters

have all had the ability to transcend time

In this regard who could not be enamored

of the story of Lemuel Gulliver?

Shipwrecked and washed upon the shore

he is awakened and discovers

that his quivering bod is securely fastened

to the ground

But perhaps more astonishing,

the massive behemoth has been mounted

by a countless number of what appear to be

tiny creatures resembling ordinary human men

And while this amazing tale

has penetrated the consciousness of an untold number

of avid readers and illiterates alike

Few people outside the ivory towers

of advanced literary criticism

have seldom dared to ask how time itself

may have influenced the creation of this classic tale

So let your imagination run wild

fasten your seat belt and let us board this amazing

time machine

And as we descend we find that the year is 1726

It is the year that the first edition of this wonderful epic

was completed

And arguably it was still the apex of the colonial shenanigans

of the British Crown

And while Lemuel Gulliver’s diary included trips

to other remote places far beyond Lilliput

it is right to assert that the events in Lilliput may have been

the most memorable of scenes

And would it not be right to assume

that writers sometimes project a bit of their selves

onto the protagonists within their storied tales?

And even if this were not so let us ask

just who is this Lemuel Gulliver?

What is the land of Lilliput and what did all of this mean

to his creator Johnathan Swift?

Swift was born in 1667 in Dublin, Ireland

He was named after his father

although he was the second son

His mother was Abigail Erick of Frisby on the Wreake

The historical archive indicates

Swift’s grandfather ventured to Dublin

seeking fortune after the family’s royal estate

had been lost in the English civil war

As an adult it is reported

that Swift earned a doctor of divinity from Trinity College

and published a number of books

He was however also know for his political pamphleteering

His writings included “Proposal for Universal Use of Irish Manufacture”,

“Drapiers Letters” and ” A Modest Proposal”

Swift was rewarded for his good deeds

as his place within the world of Irish letters

is as solid as a rock

And in addition to his wonderful book,

he is considered a great Irish Patriot

And for this we might

even stand and cheer…

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General Article

Features of an Antique Car

Features of an Antique Car

An antique car is one of the most adored automobiles. In fact, as old as they are, they are becoming more and more famous in weddings and motor shows. Antique cars are widely referred to as classic cars too. These antiques are highly valued. One of the reasons as to why they are highly valued is the fact that they are regarded the mother of all auto mobiles. They were among the first vehicles to be designed in the auto mobile industry. Most specifications and designs used to manufacture antique cars are the same ones used to manufacture cars nowadays.

An antique has to be one that was modeled and engineered during the World War II times. In addition to this, the vehicle has to be one that was back then referred to as a high quality vehicle that was also of a high class nature. In the United Kingdom, antique describes a vehicle that has been in existence for more than 100 years. Once they reach this age, the vehicles are then referred to as veteran vehicles. These vehicles can be approximated to have been built in the early times from between 1880 and 1916.

Other people consider antique cars to be the ones that were specifically manufactured in the developed countries. Still, only five of these countries are considered. Any vehicle, no matter how old that was not manufactured in Germany, in the United States, in the country of Italy or in France, the land of French, cannot be classified as an antique. This is because these were the only countries that manufactured vehicles used in the military and the same factories where the military vehicles were manufactured were the same ones that were used to manufacture antiques. However, antiques do not include the vehicles that were driven by horses.

The type of engine and the way the engines are engineered also contribute to the name. Most antiques operate using steam engines unlike other conventional motor vehicles which use a different type of engine. Antique vehicles are designed in a unique way. Antique cars do not have a windshield. Windshields came to be way after antiques had been manufactured. Windshields are present in cars in order to protect the driver and any other passenger from the wind and any other thing that comes their way and can cause harm. The windshield space was left empty unlike other vehicles.

These antiques also lacked a roof. They were not designed to have the top cover which is usually used to prevent the driver and any other passenger on board from the scorching sun. Apart from the scorching sun, this roof is there to prevent the rain from slipping into the car. Antiques are modeled in a stylish design. These vehicles were designed to have a shape that is square sided. Its frame was made from wood, giving it a house like design, which makes it look classy and stylish. Apart from that, these antique cars operate using fenders whose design was borrowed from the bicycle model.…