What a Business Model is?

If you are into entrepreneurship and globalization, you know step one in building a successful business is to learn what products or technologies your customers really need and are willing to buy. Developing the right product is hard, but what is harder is building a good business model. Business model is like everyone talks about it all the time; everyone boasts about how well he or she is doing it; everyone thinks everyone else is doing it; almost no one really is; … [Read more...]

Are You a Winning Business Manager?

Speaking of risk, it is existing everywhere, no matter it is in the sports, or in the race car, or in the business. When someone said to one of the most successful race car drivers in history, Mario Andreti that "You're just lucky!" He responded, "Luck is when preparation and circumstance come together." While other drivers were crashing in flames, he was riding to victory lane on the shoulders of his well-prepared team. He and his team reduced the risk of crashing, set … [Read more...]

How to Develop a Social Strategy Based on Your Biz Goal

According to a study published at the end of January 2010, Nielsen observed the online social activity of consumers around the world and discovered an 82% increase in time spent on social networking sites in December 2009. On average, users spent more than five and a half hours on popular networks such as Facebook and Twitter in December 2009. In December 2008, users clocked just over three hours on social networking sites. It is true that social media has … [Read more...]