Friday 29 March 2013

Why you should have a blog?





There are many answers for this question,  
 
It depends on the need and the profession you are in to; if you are hearing first time about blogging or blogger then you should start knowing more about it and its usages. 

As per the Individual Interests you can show case your blog in different ways. Example: about your professional experience, about your passion, Sharing knowledge of the field you are expertise, thoughts & Opinions, To promote your business, To establish yourself as an expert (Creating credibility for your personality), To stay conscious in the field you are interest, Making friends across globe(increasing your network) and many more. 

For Management Students: 

No doubt you should have a professional blog, 


Right after you joined in MBA, start writing your practical experiences you learned in each management subject. By this it gives you long lasting memory in your life. Learning theory and putting in to practical might difficult for us, but learning practical and putting in to a theory gives you real time experience. (Just try it)

~Similar to other field of studies

Small tip: Whenever you are learning practical or preparing something, prepare in such a way that u can explain to others. (Then your presentation will be so good in writing blog posts)

Business Blogs: 

Yes; Blogger is an option to promote your business, product or service. And mainly to drive the customers frequently to your website - a blog is must. Never forget content marketing is a very powerful tool in marketing and the best way to do it is through BLOGGER. In businesses mostly blogs will helpful for SEO and link building (Online marketing)

To help others- many blogs are written to help others who may be going through similar situations that the blogger has experienced. MANAGEMENT VISION 2020 is similar to like that; to keep updates of all the challenges going to face in the year 2020

Having Personal blog is worth to establish yourself as a professional or expertise in the field you are into, as well as connecting to the likeminded people helps you to grow your social network across globe. Which later helps in identifying you as a brand. 

(There are sites similar to blogger…..  Like wordpress etc., you can google it)

Best part: You can also make money through blogger – you might not believe my words if I say there are bloggers who turned this (writing blogs) into profession.

As you know that I always love your feedback,

So make some noise in the comment section below

Have a blessed day
LaLi

Wednesday 27 March 2013

Start working right now if you want to become an ENTREPRENEUR



Hai n Hello.. 
Hope everyone is fine & doing great with your busy schedules ….   !!
Well… what makes me to write this post today? 

I met an Entrepreneur who started his business recently in Bangalore, which he thinks to get start his business before 5 years. 

Then I asked a question to him!!  What makes you to take 5 years in implementing?

He said: To be frank, I didn’t work on it, not because of the laziness or lack of commitment in me; it is the experience I am lacking in and encouragement. 

LaLi (me): Oh, I also passionate towards entrepreneurship but waiting for to get connect with likeminded people. 

And the very next question he asked me is. Good, so do you have any burning IDEA in you?


I just replied by nodding head with a smile and started asking more questions related to his experience.
My first question:

I would like to know the problems you faced in getting started your business?

Ahmed (Started a management consulting firm with vast experience) – it depends on your IDEA or business you choose and more over the core team you are having. Well it comes to me; I am a one man show of my entire business. So from the beginning i.e., drafting of my business plan to the end of providing customer service is my role. If you really want to become an Entrepreneur then start working on your IDEA right now. 

LaLi (me) - How can I start working on it without knowing anything about the Industry or business!! You only said it took 5 years for you to get it start in order to gain experience!!

Ahmed: Yes, It took 5 years for me to fulfill my dream. It is all because I didn’t work on it in first 3 years and at the time I realized my dream it took 2 more years to drawn a complete blue print of my own business. So tell me is it better working simultaneously with your job? 



If you really having a passion to become something then keep working on it without giving a gap in between, otherwise you might lose your passion with enthusiasm.

Having an Entrepreneurial spirit is great but keeping it alive for longer time is really shows your passion towards it.  I am not teaching you the entrepreneur ship lessons; hope I am not making you feel like that...!!

LaLi: No… No... Mr.Ahmed Please share, I am really in need of experienced guidance. It is my pleasure to have a conversation with you. Please share or tell me what all I need to get it start or to fulfill my dream to become an Entrepreneur.  

Ahmed:  I have seen many people.  Most of them having a common question that, from where they have to start with or begin with...?

I am seriously suggesting you to get out from the dilemma - where you need to start with?
It really keeps you low and pushes you back for not doing anything.  There are many things you need to work on..

Have you studied your Industry or Market you are going to enter?
Do you know the scope of the market?
Did you identify any niche segments to target?
What is the USP you are having?
Who are your competitors? How they are running their business? What are their offerings? Strategies?
Do you know the legal issues to start a firm or company?
Do you know how much capital u need to start? Have you prepared your business plan?
Does u know how to build a website? If not do you have any contacts?
How do you do marketing for your service or product?  MLM? Marketing plan?
Staff: IT ? Finance? HR ? What are your mission and vision statements?
Have you selected your core team (like minded people)?
Do have any IDENTITY or Track record to show case yourself?
Where do you get funded?
How do you impress your VC’s or Investors?
which department you need to outsource to concentrate on your core business ?

LaLi: Given a hopeless expression

Ahmed: I am not scaring you for not to become an Entrepreneur, I am just letting you know there are so many things to start with or to know some basics as you are going to become founder of the company.

 LaLi: How to keep track of all these things with the busy life?

Ahmed: That is why I told you to start working right now simultaneously with your job. Keep yourself free to spend some time for your passion. And the time you spend now on your passion will really helpful to keep you in real market a bit much faster than the time I have taken to enter in to the market.



LaLi: Yes, I really need to start doing research on the Industry I have chosen. 

Ahmed: Don’t worry how much time it will take to get it start, always feed your passion with suitable motivating factors. I have seen so many entrepreneurs failing at the beginning stage itself, it is not because of the inexperienced individuals it is the support and guidance they required. Now a day’s there are many start-up incubators came forward to encourage entrepreneurs, Ex: Microsoft and Start-up circle, Tie Bangalore and many more
Keep an eye what they can do for Entrepreneurs as well as for you too.. 

LaLi: Sure, and I would like to be in touch with you as well.

Ahmed: Any time

LaLi: I am so glad for sparing your time with me and thankful for making me to realize the valuable time

Ahmed: No worries, I am happy to help you, will be in touch. Nice to meet you 

LaLi: My Pleasure, Good day.

So, here my theme is to make aware of your passion within you, if you are dedicated and have a strong desire to become an entrepreneur, It is the time to work from now onwards. 

Have a blessed day
LaLi

Friday 8 March 2013

Real women's day is when India see a day without rape victim


Reached work place a bit earlier today, so just thought to check out today’s headlines and given a click on Opera, in the process of loading.. heard voices from the side that two of my colleagues wishing happy women’s day each other, (said myself inside-.. women’s day.. !! (With surprising expression))  Then I just gave a quick response by wishing them with changed expression - added with smile :-)


Mean while browser loaded with home page “yahoo” and top news written as “School girl Gang raped in a moving auto”  


That’s it, added smile just turned out to fade. 


Well, what is wrong in India? Is our generation going back!! What happened to our moral values?  Where is the respect for women? Can’t we see a day without rape victim? Can this media stop analyzing % of cases increased per year, and start keeping pressure on government to take preventive actions? 


 What change we have to bring in people and what really people of India to understand?


I just expressed my views


Implement a system to know the value of women by creating a moral value that women are a mother, sister, wife and friend (mainly).


Start conducting counseling programs from school level to the employment level. 


Give more importance to the Indian culture than western.


Increase the level of Punishment for assaulting women.


Educate people in rural areas that women are treated equal to goddesses.


Make mandatory of carrying easy instruments that can really helpful when situation went wrong.


Provide helpline numbers available with connection to the special security force for women after 8 PM (mainly in sensitive areas).


Implement a system to monitor the security for women.


Today is Women’s day but I am really sorry to say that there is no day for you without a rape victim; I wish India could see the freedom of women. 


Please express your views too..

Thursday 7 March 2013

Stock Investing Strategies PART-3 (Technicals Vs Fundamentals)

Part 0, Part 1, Part 2


Welcome Readers,

As I said in previous parts that we will see how to read different sensex charts to determine the probability of making correct assumptions.  Before we apply any strategy to pick a particular stock it is common to do either technical analysis or fundamental analysis or for sound investment – both. 

So in this post I just make an attempt to bring one idea of what is technical analysis and fundamental analysis.
Going in detail, I can say these two are quite opposite, how? Technical analysis looks at price moments of stock in chart and estimates the future stock price movements. Whereas fundamental analysis is based on the economic factors of balance sheet, income statements, price ratios etc., ultimately in fundamental analysis tries to identify whether the company is potential for sound investing or not !!  Technical analysis is completely different to fundamental analysis, it assumes that all fundamentals included in the stock and then go for analyzing the price moments of stock in chart. 

Hope I make you clear on two different aspects, at the same time I think I made you confused. isn’t it!!

Yes, now in most of us should have raised a question that which one to go for – in picking a particular stock?    

Fundamental Analysis? , Technical Analysis?

Fundamentals are very important, without fundamentals market would not move. It gives a bird view of a company for understanding the balance sheets, income statements, Changes in management, environmental factors, Competitors strategies etc., by considering all these factors it gives a predicted value of future cash flow. 

Technical analysis starts with assuming all the fundamental factors included in stock and then go for identifying the trends in price moments and volumes to make a sound decision on predicting the future stock price.

Few tips got from experts: 

If you are planning to invest for a longer period then it is better to go for strong fundamental analysis. 

Suppose if you are expecting returns in short period of time (say 1 year) then go for fundamental analysis initially and at the time you feel to trade go for technical analysis for better returns. 

If you want immediate returns right after your investment then go only for technical analysis, i.e. trends in price moments and volumes. 

*As the period increases the fundamentals should be strong *  

That’s all for today
Have a blessed day