When the late-2000s global economic recession occurred, businesses and companies resorted to an “energy diet” to cut their costs and survive the hard phenomenon. Energy dieting in the corporate world includes using more energy-efficient machines, reducing length of use on lights and electricity, saving gas and fuel, and other ways on saving our power usage as well as our power bills. The great thing in energy dieting is that it saves not only our money but it also saves our world. While energy saving cuts our energy cost, it also prevent the total extinguishment of our planet’s energy reserves. Minimization of energy usage (electricity, fuel and gasses) also reduces global warming, which is primarily caused by too much carbon dioxide in the atmosphere. Carbon overload is caused mainly when we burn fossils fuels like coal, oil and gas. Hmmm…as we always talk about the green bucks, we should also discuss the green mother Earth and how to protect it. Read more
A successful business owner or entrepreneur is one that brings his entrepreneurship into success and fulfillment. A businessman can have a net income in his statement of profit and loss yet he cannot make his customers and employees happy. An entrepreneur can achieve fame yet he can’t still be considered as a fulfilled one. There are many general and specific things that a businessman should have to attain business fulfillment. We know it’s hard to reach such goal. However, although we have not yet hit that final mark, what important is we can assure that we are heading towards that direction. To assure that, I made a list of 101 things truly successful businessmen have. They are arranged alphabetically for your pleasure. Enjoy! Read more
These are just basic answers on the basic question… how to take care of our business? First, a business has a personality (although not a human), and because it is so, taking care of a business is just like taking care of a person. You need to give what it needs and what it will need. You need to do that so it will also give you what you need and what you will need in the future. If you get what I mean, you will understand that it’s insinuating a mutual relationship of benefits and detriments between a business and its owner – an association that every businessman should not ignore. And to make that connection strong, business owners, who are the humans on that relationship; need to do the first move in showing and doing the right amount of care. Read more
Having your own business and becoming your own boss is an exciting reverie every employee may dream of. But before you leave your job, which gives you a fixed monthly salary and a variety of nice monetary and non-monetary benefits, you should carefully consider the following things before you start your new business.
1. It’s harder than we thought. Thinking business is so exciting, but doing it is a different story. Along the way to your entrepreneurial journey awaits your worst nightmares (bankruptcy, shame, frustrations, isolation, despair and depressions). Sounds horrible? But don’t worry – the saying “no pain no gain” may not be absolute anyway. Just like body building, you should do warm-up first and make a perfect program to achieve your goal. There’s no need to hurry, instead, you need to do things according to your strategic plan. It’s indeed hard and it takes a right process. But you should not lose patience, hard work and intelligence to avoid the pains of doing business and eventually become a successful businessman. Read more
Principles are the building blocks of success. They create attitudes; attitudes form skills; and skills make systems. In business sense, a business principle creates business attitude, that attitude establishes business skill, and that skill give birth to business systems. Thus, a principle or a belief is the mother of all attributes of a person. A good principle crafts a good businessman, and a good businessman does good business. So specifically, how does a principle build a business? Let us consider an entrepreneur whose belief in life is to preserve justice and equality among all people. His values and attitudes are based on that principle. He is just, responsible and accountable. With his responsibility and accountability, he doesn’t stop learning to become capable of managing his business well. With all his knowledge, he formulates and creates systems that are aligned to benefit all his business stakeholders (owner, investors, creditors, workers and customers). His systems in running his business protect the owner, investors and creditors. Those systems also compensate well his workers and guarantee the satisfaction of his customers. Consequently, his investors continue to invest, and his creditors continue to lend their money on him. Likewise, his employees become happy, motivated and productive. Read more