There Are No Miracles in the Business World, Just Hard Work!

If “Murphy” is the best friend of business world, then on the other hand miracles and business world are total strangers. Viral marketing is for example one of those things where business owners are awaiting miracles to happen on their business path. We do, however need a bit of luck to succeed in our business.

But it would be naive from us to expect that there are miracles going to happen on our business path. Everything that has been created and achieved in the business world and can be classified as big and important now days, is a result of decades of hard work, difficult decisions, endurance, courage and nothing else. Nothing exceptional in the business world has ever happened by itself.

Let’s have a look at the previous example of viral marketing. Many business owners have written in their business plan that they will build a web site, have it listed as new and then people will just start coming and visiting the site just because it is that great and attractive. And the reason for that will be viral marketing, because the application is so easy to use it will spread by itself like a virus.

This kind of thinking will only result as total failure and the only virus we can expect is the one that will bury our business. Let’s take as an example my blog. To increase the traffic to my blog, I have to create articles that are good enough to attract people to read them and then visit my blog to find out even more. But the thing is that articles will not write themselves, instead we need to take the time to write them. Ideas, as what to write about, can be found everywhere, but to actually write an article is something totally different. It takes quite some time and also a lot of intellectual input.

If we stop writing, then the traffic will also stop coming. On the other hand if we would want more traffic, then we would have to be even more productive. We would have to start participating and posting to forums, write compelling and diverse articles and sometimes touch on topics that are controversial.

But the thing that is really of importance here is that nothing happens because of miracle. The visitors to our blog or website don’t come by themselves. Everything we do requires input. Input of our energy, knowledge, experience and so on. But we shouldn’t forget one important thing here and that is that we have to always strive to work smarter not harder! Things can always be easy and logical, but never magical when it comes down to business.

Entrepreneurs, when they start to incorporate a business, many times expect miracles to happen, because they are too optimistic. They think they can convince the investor just because they will not have it any other way. “I will create a website and the sales will come automatically”. “I have the right strategy”, they say to themselves. And they await the “magic” to happen. This kind of thinking is the sure way to failure!

We have to realize one thing, to get a lot of customers or traffic, we have to invest a lot of time and energy to achieve our goals. We have to prevail for three to five years for brick and mortar company to succeed. This estimation has been made by the experts through analysis. Until then there is a lot of hard work ahead for every entrepreneur who starts his business from scratch.

Go Mobile Or Go Home – How Technology Has Changed The Business World

In a time when a company like Apple can sell 9 million iPhones in three days or less, you know our world has gone completely mobile and perhaps more than a little mad in the process. There’s no denying the obvious fact we want instant images, videos, messages, tweets, conversations… not yesterday but immediately, this very instant. No more waiting, no more holds, no more get back to you tomorrow… we want everything done today, this very moment.

We also want to be connected to the web to keep us informed of what’s happening on the world stage and in our own neighborhoods. We want the latest terror threat, the latest celebrity twerk, the latest viral video and the latest gossip from Aunt Sally. Instant communications available anywhere and at any time.

We want/demand these instant communications in our personal lives, and now we are also demanding them in the business world.

We want to be totally connected at all times, not only to our friends and family, but to our business colleagues, clients and customers. We demand a work force that’s totally in sync, completely connected and working on the same page. A sales force which can be flexible, dynamic and mobile.

In order to have this mobility, technology has given us all the gadgets we need – from smartphones to netbooks, from laptops to iPads to PDAs of every description. More importantly, technology has also given us the services we need to do business in this mobile world. We now have online fax providers, remote data storage, virtual PBX office phone systems… to make all your business transactions portable and instant.

Any modern company or business can now use these online providers or services to completely connect/sync all their business transactions, sales, communications to their computers and the web. Giving the recipient total access, instant communications and complete mobility, which could not be imagined, just a few years ago.

These new technologies have simply changed how business is now done.

Lets take a few concrete examples and apply them to the business environment. First, online fax or faxing has been a major game changer for many companies. Now instead of being directly tied to your traditional fax machine in the office, one can use the Internet and your email system to receive/send all your faxes. This process is easier, more secure and much more cheaper than conventional faxing. Plus, since we now have smartphones, netbooks and laptops, these services are completely portable and accessible anywhere, anytime. There is even an app which allows one to sign or initial an important document/fax directly on your smartphone.

Another game changer has been the introduction of virtual phone and PBX (Private Branch Exchange) systems for your office or company. These online PBX systems can give any company a quick cheaper alternative to costly landline systems. One which comes with all the bells and whistles of a PBX system… call forwarding, instant messaging, call parking, online fax, intercom, voicemail… and in many instances, you can have a virtual receptionist to handle all your messages.

Needless to say, all these services make your company much more mobile and accessible, regardless of the location. It also makes your company reachable at all hours of the day, 365 days of the year. In a broader way, it also seamlessly ties your company or business to all your computers and the Internet. Most successful businesses these days have a solid presence on the web for doing sales, customer support or for promotion of the company brand.

These days, it seems like everything is going mobile. Your company must have a presence in this mobile environment if it wants to be competitive. Mobile advertising or promotion is said to be the next big thing… just imagine capturing a customer’s attention on their smartphone with your latest sale while they’re at the mall, steps away from your store and ready to buy. Or just imagine, having the latest company memo or client communication instantly directed to all your workers in the appropriate department or division.

These are just a few examples of how going mobile can make any company more efficient and much more competitive. Those progressive company owners who quickly realize going mobile is the wave of the future, are the ones who will truly prosper in the coming years. Many business operators have discovered this new reality and have acted accordingly. They are also the ones who won’t need convincing, they won’t need anyone telling them any time soon you simply have to go mobile or go home.

The Future of the Business World

Globalization is becoming a norm in today’s society. Although people are afraid it has many drawbacks, it is impossible to be stopped. It is important for future business leaders to understand globalization and to be educated with this concept, so the negative effects can be prevented. Along with the negatives, there are also positives of this revolutionizing future. The future is filled with new jobs, students gaining international knowledge, and international standards becoming increasingly relevant. If we, as students don’t learn how countries work politically and economically we will eventually fail altogether. It is important that we become aware of this issue and educate ourselves on what the future may bring.

One of the positives of globalization in the business world is the creation of new jobs. With the increase of globalization, students can find themselves working in multinational corporations upon graduation. In addition, businessmen and women will have opportunities to travel to other countries and find work there. For example, Bruce Pounders states, “… it also presents new career opportunities for those who embrace the continuous, accelerating change that characterizes globalization.” In other words, there are job openings for people willing to take the next step, open their minds to new ideas, and adapt to new environments. Many people are not a fan of change and are not ready for globalization to take over. That is why is it extremely important to begin teaching students the importance of globalization and getting them to realize that this is what the future consists of. (“How Globalization is Affecting U.S. Accountants.”)

With the help of globalization, businessmen and women will gain important international knowledge and skills that will help them be successful in the long run. It is significant for business leaders to know how each country around the world conducts business. Recently, business employers started to look for candidates with the ability to analyze international markets. As a result, textbooks are being revised every year and it is becoming mandatory for students to take one or more years of foreign languages. Furthermore, the systems are changing rapidly and corporations are preparing their employees for globalization as best and as fast as they can. Jessica Nolan claimed in her article that, “companies are demanding that their employees attend seminars, workshops, and classes relating to globalization,” so that they know how to handle the rapid change and how to embrace it. In addition, learning tolerance and respect for other cultures is another important feature of globalization and a great international skill to have. It has been said many times that students are not learning the proper skills that are needed for the real world. “Global and International Issues in College Education,” an article written by Alina M. Zapalska, Steve Shuklian, Denis Rudd, and Frank Flanegin, states “Knowledge of how other countries affect us and how we affect the rest of the world must be incorporated in business curriculum,” (149). Furthermore, we, as students would gain a lot more knowledge and understanding of the world if we were exposed to it in school. Also, we would have more years of experience in this subject. Once again, students and employees are in desperate need to learn about globalization and understand the importance of it. (“Globalization’s impact on Accounting Education).

Lastly, international standards are becoming increasingly relevant. We used to believe that the U.S. GAAP was the highest quality set of financial accounting and reporting standards in the world, but lately it has been an issue with the world becoming more globalized. There has been a lot of talk of cancelling out U.S. GAAP and according to an article, IASB Chairman Sir David Tweedie states, “Within the next five years we expect the accounting standards of major economies such as those of Japan, Canada, China and India to converge with IFRSs while at the same time the differences between international standards and U.S. GAAP are being eliminated.” With the world becoming more globalized it is important that everyone around the world operates the same way economically. Furthermore, with foreign trade being significant, having different financial and accounting standards creates too many complications. IFRS and U.S. GAAP is in the process of being converged and according to Sir David Tweedie, “The aim of one set of high quality global standards will hopefully be achieved in the next few years.” Altogether, future accountants need to be aware of the changes coming soon and will need to learn the new standards that will be used all over the world. Therefore, students need to recognize these changes that are occurring and what the future may bring. (“How Globalization is Affecting U.S. Accountants”).

All in all, globalization is an occurring phenomenon that is impossible to be stopped and will change the future of the business world. Although many people see negative effects, there are also some good positives that come along with it as well. New jobs will be created, international skills and knowledge will be gained, and the world will have one set of high quality global standards. The only negative I see is the fact that no one is aware of this rapid upcoming change. If students do not take notice of this and professors are not making an effort to educate their students, then we are destined to become failures. Without knowledge and understanding, future accountants will have a big reality check when they enter the real world after graduating college. Globalization is going to have a major impact on accountants and future business leaders and as long as we educate ourselves I see nothing but positives for our future.

How to Establish Yourself in the Business World!

You can be a great entrepreneur who generate business profits. Make up your mind today. Come up with a good business plan to run your business and be in business for yourself. Years ago, i read a book called Finding Your Niche, written by Laurence J. Pino. I realized that you can discover your strengths, talents and assets. You can take the road to entrepreneurism.

According to Katherine Graham, chairman of the Board, Washington post, To love what you do and feel that it matters – how could anything be more fun?The question you need to ask yourself at this time is – what is it that you love doing? If you love to own a business and be rich; you must do your homework well and pick the right business, apply good and proven principles to the business you have chosen so that you will have a successful business.

There is nothing inherently complicated about having your own business. Apply the right principle, you`l find entrepreneurship easier and make money more satisfying than you ever thought possible. The whole idea of the right principle is built on basic human needs. It revolves around an in-depth understanding of who you are and what you really want to do with your life.

A natural evolution leads from that personal understanding to the knowledge of a business that is most appropriate for you and the recognition of a market you will serve. So this principle deals with the development of your personal identification, your business identification, and your market identification. Once you have gone through the process, you will be able to ignore the small business failure statistics and build a successful business.

Analyse your current reality, know what you would like to do and begin with the exist strategy. Transform your inspiration, determination, enthusiasm, ability and skills into a business. See the needs you meet and meet them through creating businesses. Take the initiative by acting rather than reacting to the needs of the world.Go after your goals! Move faster with a vision that can not be stopped. Overcome limitations and conquer challenges.Be motivated to carry on your dreams. Step out of your dream and make your business dreams a reality.

See favorable influence in every favorable occasions! Maximize your imagination; be full of the quality of being creative and the act of inventing something new in the business world. See possibilities in all things and establish your personal identification.