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ENTREPRENEURS SUCCEED BY AVOIDING RISK-TAKING

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Many collaborative entrepreneurs wonder if there is a silver bullet that would help them get their company to work right now. And there is a truth that every serial entrepreneur knows. There is a way to “succeed” systematically, and there is a way to “struggle” systematically.

It’s a mindset difference. Those who struggle always build a product before making sure people will buy it. Those who succeed, make sure others really want and buy their new products before they exist.

By selling their product or service before it’s ready, when time comes to build, they know that they’ll create a product or service that people really want. To see what I mean, these are three examples of this mindset applied to entrepreneurial celebrities in their beginnings:

growing business

Before creating an airline, Richard Branson got his flight to Puerto Rico cancelled which left him and a few others stranded on an island. He figured he had a problem and went to find a solution. He picked up the phone to find out how much a charter would cost. But instead of paying a whole charter on his own, he divided the price of the charter among the number of passengers and charged them $39 to rebook their seats. He offered the other passengers to pay and they were glad someone took care of it. This pre-sale Branson’s first experience in the airline industry, and the one who led him to create Virgin Airlines.

Before building a company, Steve Jobs also started selling blue boxes that allowed users to get free phone services illegally. First it was a hobby invention by his friend Wozniak. When he realized people were ready to pay for it, he knew he was in business. Then someone tried to rob him at gunpoint (a story for another tab) and he decided to try selling computers, which ended up being another pretty good business for him.

Before Starting Paypal, Tesla and Space X, Elon Musk learned how to run a business and pay his rent by hosting epic night-parties. He first rented a house and threw parties that attracted thousands of college students. Once he knew how to make money with his projects and was comfortable with a business, he either sold it or moved on to something harder and more complex.

In 2005 before turning Arduino into a company, the Arduino founders created micro-controllers to teach their students programming and prototyping with electronics. When they realized people were asking in droves how to buy it, this is when they realized it was time to turn it into a business.

Can you see what’s going on here? They all looked for people interested in what they were offering before they had anything to sell or made any significant investment. They avoided any risk. If you are a budding entrepreneur, you might think that you can skip this step. You know in your gut that everybody wants your idea. But from my experience, as we mentioned in the previous post, this is an excuse that helps us hide from the fear of being rejected or being stolen by others.

OpenROV started with a “simple” underwater robot for submarine exploration and have improved it over time to a much more polished and refined Underwater drone. Open Source Ecology started with a Brick Press to create building materials. Once they validated people needed it, they went on to develop the rest of the Global Village Construction Set to create a new open and ecological civilization from nothing. So don’t worry if your idea doesn’t have a 20 year plan to change the world and a huge community behind it.

First things first. You have found a few ideas. Congrats. Not everyone takes the time to lay them down. Now, if you want to turn them into reality, you must find if people want it enough to pay for your idea. This is hard and challenging. People might not be interested at first. You’ll have to tweak your idea or accept that it’s not a priority to others around you. You might even have to leave your idea and pick another one you had. But you will eventually start to see that your idea can help and have an actual impact on others. And this will be incredibly exciting and rewarding.

avoiding risk

The community and the 20 year plan will eventually come after that, if this is what you really want you think is necessary. Don’t worry if you think your ideas aren’t good enough or might be too hard to sell. The real value of this exercise lies in learning how to quickly validate any idea you have. When you know how to validate any business idea, you’ll never wonder anymore “should I have tried this?”.

You may successfully validate your idea or not. If not, your main goal here is to keep moving forward with other ideas and repeating the process without spending a lot of money or time on a website, landing page, app or whatever. You really don’t need it. Just go after the low-hanging fruit and go manual without building a website or hiring anyone until forced to do otherwise.

If you already have a business you want to try, let’s stick to this one. If you don’t have any idea, go back to this post and come up with your own list of ideas. The point is to get started. If you don’t know how much to charge for it, think how much value it brings to the person you want to help, and divide it by 3x or 10x. For example, if you are selling a course, or a product that you know will make the other person $1000, you can easily sell it for anything between $100 or $300.

If you still don’t know how much your product or service is worth, go with $10. You’ll see what are the reactions from people before and after you deliver your services or product. Their feedback will guide you into increasing or decreasing the price. But always make sure that your price is always above your costs to build and deliver the product.

GET HELP WITH YOUR DISSERTATION PAPER

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The ability for families to pay for college is diminishing more and more each year. Unemployment, the housing crash, and an assortment of other economic woes have made money was available than ever before. The cost of education, on the other hand, keeps going up and up. Resourceful creative thinking is absolutely necessary if parents today want to consider paying for the education of their children.

For those who have been to college and have a degree, a further degree can be a possibility. For truly serious college students, a Ph.D. may well be in order. A PhD is a college degree awarded after graduation. If you’re focused on this type of advanced degree, undoubtedly you will find a need for a little outside assistance with organizing the dissertation document that is needed. There are sites you might visit to utilize professionals for obtaining dissertation organizing, plus aid in writing or editing the dissertation.

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College costs quite a bit of money. In fact, the longer your child attends, the cost will skyrocket as the years go by. Four years is typically what many people think that college takes to complete. Some kids who go to school for five years, maybe even six, to earn a degree instead. Your budget can actually be tightly squeezed if it takes an extra year or two. A lot of money can go into tuition, plus living expenses, over two additional years.

Instead, you should look for a college that really only does last four years, which can save you lots of money over time. This is something to consider before helping your kids choose a college. The price to house and feed your child during the college years can be one of the most expensive costs you will incur.

This cost actually will hinge somewhat on which university or college they decide to go to and it what part of the country it is in. You may find that you will spend a little less when you pay for a room someplace other than the dorm. This is an exceptional offer when your child is attending a high priced college in an area that otherwise offers reasonable living expenses. If your budget is limited, you may want to research how much it costs to live in different areas. If the college your child attends is in an upscale location; you can assume that the price tag for living expenses will go through the roof.

There are some boundaries that should not be crossed when sending your child to college. A parent should never put their own wellness in jeopardy; regardless of how much they want to give aid to their children. You would be well advised not to pay for tuition with your credit card.

Depending on your use; your credit card can backfire on you. This will leave you with a lot of debt at high interest rates. This will exhaust the funding that you may need for other purposes. It is not a good idea to use any of your retirement savings for college tuition or expenses.

Rather that drain your bank accounts, keep in mind that your money earning days are numbered and your child has an entire life ahead of them. Hopefully we have enlightened you when you are faced with trying to figure out how to finance your child’s college education.

This can be a hardship on a lot of families and will take some imaginative thinking in order to prevail. There are tons of avenues you may follow to bring the plan to fruition. If you are able to take advantage of scholarships and financial aid and your child can chip in a little with part time work; you should be able to afford the college scheme.

MICROSOFT OFFICE CLASSROOM COURSES GIVE YOU AN EMPLOYMENT EDGE

Microsoft Office is a home or office bundle of affiliated desktop computer programs and resources for the Microsoft Windows and Mac OS X OS’s. Office consists of word processing (Microsoft Word), spreadsheet (MS Excel), presentation graphics (MS PowerPoint) and other software that offer functions which are routinely used to manage an office.

MS Word is a word processor program and among the list of prime apps in the initial package of Microsoft Office. MS Word incorporates general desktop publishing functionality and is the most usually utilized word processing software in the market.

To build spreadsheet docs for home and enterprise usage, Microsoft launched Microsoft Excel. A spreadsheet is made up of a grid of rows and columns which you can use to organize, key in and calculate information. More spreadsheets could possibly be coupled to consolidate records across categories. Design templates for income statements, sales reports, and expense reports are included in the software.

To build and deliver presentations, Microsoft created Microsoft PowerPoint. MS PowerPoint presentations may include videos, text, graphics, animations, and sounds and are offered in a slideshow arrangement with the use of a PC and display screen.

Completing corporate courses will definitely be a perfect way to prove to your manager your desire to try to enhance your capabilities. Excel courses, for instance, should enable you to make smarter use of the spreadsheet software program. Another technique you can employ to increase your chances of being looked upon favorably for getting hired for a job is to start your own website to, essentially, promote yourself.

At present all sectors of business use PCs each day in one way or other to help them remain competitive with rival enterprises. In stock management, to illustrate, some of the crew would definitely really benefit from a Microsoft Excel program, simply because it would most likely allow them to better study information about stock stream.

Because a large number of firms merely function as a link in a product’s supply cycle, swiftness can many times be a critical factor. More capable use of Excel’s various elements will much better insure a stock control group to get much more reliability when determining minimum inventory quantities, factoring in holiday variances, turnaround times and discount rates on volume ordering levels.

Information is the currency of a lot of enterprises, so an MS Excel training can provide a good edge. Spreadsheet software such as Microsoft Excel is no longer limited to finance and accountancy departments. The programs are actually applied to a great many other sections of enterprise too.

An MS PowerPoint presentation, for illustration, will have increased influence if you were allowed to provide graphic illustrations produced using Microsoft Excel. An example could be a projection of economic savings reached and increased profits if the corporation was to employ a varied tactic to produce a product which may become much easier to fully grasp utilizing a pie chart or a bar graph.

Microsoft Office online study has made the path better for folks who are under pressure to acquire a grip on Microsoft Office. Microsoft Office training courses online permits you to master each program individually and teaches you getting a good command of all these programs. Microsoft Office is among the principal things that a firm seeks within your resume if you are in a tech industry. Online Microsoft Office classes helps you develop the level that could lead you to the most effective pathway to advancement.