The Four Types of Education You Require to Become a Successful Business Entrepreneur

August 18th, 2011 by admin No comments »

As an aspiring successful business entrepreneur, you dare to tread a different path to 97% of society. You seek to become rich so you can design your own life independent of your paycheck. Instead of a J.O.B. you prefer to work for yourself and be your own boss, maybe work from home or anywhere you like, and to become financially free to live out your dream lifestyle.

Whether you start a traditional business, a home based business or an internet business, Robert Kiyosaki (Rich Dad, Poor Dad and The Business School) talks about three different types of education that are required for the successful business entrepreneur. If you want to achieve this financial freedom to live your own life, you need scholastic education, professional education and financial education.

Let’s unpack those three first.

Scholastic education basically is what you get at school. In the main part, it’s about basic literacy. You are taught how to read, write and do maths, very important for survival in today’s information age. Throughout our childhood we are taught the importance of getting a good education. As adults, we are encouraged to become lifelong learners and invest in our personal development. It is pretty much indoctrinated in us that getting good grades at school, even going to university, is the best way to get a high paying job.

Professional education is what teaches you how to work for money. This type of education you can get from apprenticeship and training as well as through to your work experience. This type of education can range from apprenticeships in a trade or service to higher level training to become a doctor, lawyer, accountant, pilot, and so forth. » Read more: The Four Types of Education You Require to Become a Successful Business Entrepreneur

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Posted in Entrepreneurialism

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Become a Business Strategist

August 16th, 2011 by admin No comments »

The Changing Role of the CIO

Many business executives fail to see the unique strategic contributions that CIOs can bring, due in large part to the commoditization of general IT knowledge. As a company’s understanding of information technology becomes more and more ubiquitous, the value placed on tactical IT knowledge continues to diminish. Because of this, CIOs may find themselves being pushed out of executive decision-making roles in favor of business savvy CFOs or process oriented COOs (Chief Operating Officers).

Ironically, the opposite should be true. As information technology becomes increasingly pervasive in organizations, so too should IT strategy become more closely integrated with overall business strategy. It is in facilitating this closeness that CIOs must shine. They must communicate the unique value that they can bring to the table as the primary supporters of alignment between business and IT.

Action Plan

The following advice is nothing new. However, recent studies show that CIOs are still struggling when it comes to taking a leadership role, communicating IT value, and initiating strategic initiatives.

Failure to excel in these areas now could result in you losing strategic influence within the organization down the road.

Use the following advice to help improve the visibility and elevate the status of the CIO function within your organization.

1. Track and communicate your achievements. Use metrics to show that basic operations are under control, but more importantly, demonstrate how IT has created value for the organization. Where possible, report your achievements in terms of financial benefits. For example, tweaking your supply chain management suite might have helped improve inventory turnover and reduced inventory carrying costs. Alternatively, a new CRM system might have improved
customer contact and resulted in a certain percent increase in sales. » Read more: Become a Business Strategist

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Critical Elements to Include in Business Cards

August 16th, 2011 by admin No comments »

Before this decade finally ends, humanity will go through a major feat. Astoundingly, we would see a great increase in number of electronic pages published, thus, causing it to beat the number of pages printed in this decade alone. This trend is staggeringly quick considering that paper has ruled the industry ever since printing was discovered 560 years ago. Since then, printing was widely used in education, business, and even entertainment. By 2020, it is estimated that electronic pages could increase up to a trillion pages seriously outnumbering the printed pages.

But despite this forecasted increase in electronic pages, printed pages will still remain to be widely used and important to the business industry. It is not every day that people check their emails or log in to a computer and not everyone loves the electronic world. So, technology aside, printed materials would still be highly important to businesses in the next decades.

Among the important materials to print when you own a business is a business card. This card is one of the simplest and cost effective to produce to market your business. It is a necessity and not simply a business luxury. What many business owners fail to realize is that business cards are vital marketing tools that should not be missed out. It’s important elements should not be left out in order to maximize its marketing potential. » Read more: Critical Elements to Include in Business Cards

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Posted in Advertising

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