10 business lessons I learned from Facebook’s Farmville
October 8, 2009 by Admin
Filed under Business Tips
Business lessons can be dug anywhere and anytime. If you have the entrepreneurial mind, you can reflect and learn important business virtues from your simple daily activities. I’ve been an ardent Facebook user for a couple of months now. The world’s most popular social network site is really fun and interestingly interactive. There, you can enjoy great games and applications including some marketing tools to promote your site. And here comes one game called Farmville – the only game I can allow to play for myself for currently experiencing time poverty.
Farmville is a very popular Facebook game application created by Zynga, a prominent company and developer of social games on the web. It has more than 55 million monthly active users as at the date of this post. Inside the game, you can create your own farm, plant fruits and vegetables, raise nice animals and decorate the farm the way you want it. You can also send and receive gifts to and from your friends and neighbors. In the market, you can buy your desired seeds to plant, animals to breed and other stuff and infrastructures you want depending on your current level. As of the writing of this post, I’m just in the 12th level of the game. Nevertheless, I already enjoyed and had so much fun with it. And beyond that, I have learned the following ten business lessons that every business owners and entrepreneurs should reflect. Read more
How to avoid financial losses in your business
September 13, 2009 by Admin
Filed under Business Tips
Profit is what we aim in doing business. By achieving it, we can gain financial power that we can use to stabilize our way of living including those of our family, friends and community. It is a joy for every businessman to have a net profit in their statements of income. On the other hand, a net loss at the bottom of those statements may make them frown. Financial losses may occur whether your business is big or a small one. But no matter how big or how small you have, you should do something to avoid those negative results in your operations. Income and losses are the possible results in your income statement. Hence to attract income and get rid of losses, we should know how to play with the nominal accounts – revenues and expenses. The following are the tips and ways on how to stay away from those losses. Read more
Top ten reasons why business fails
September 7, 2009 by Admin
Filed under Business Success, Business Tips
We build our businesses to let them live, run and grow. That’s why business failure is a happening that we always wish and pray to never come out into reality. But how can we avoid it? Even the giant companies fail despite of their gigantic assets and equities. More and more small entities also become unsuccessful. However, this doesn’t mean business success is an impossible dream. We can be successful entrepreneurs. To achieve that, we should learn the reasons why business fails, and do our best to overcome them. Here is the list of the top ten causes why businesses do not succeed:
Ten features and qualities of a good entrepreneur
July 3, 2009 by Admin
Filed under Entrepreneurship
An entrepreneur shall have the following features and qualities to be considered a good or great entrepreneur.
1. Brain – to plan
A wise entrepreneur is an advanced thinker. He knows how to predict the future. With his prediction, he creates a plan. He organized his objectives and set his procedures to achieve those objectives.
2. Hands – to do the plan
An active entrepreneur executes his plan. He performs his procedures to attain and realize his objectives. He handles well his people and put them in the right places. Read more
Difference between Business and Entrepreneurship: Businessman versus Entrepreneur
June 9, 2009 by Admin
Filed under Business, Entrepreneurship
What is the difference between a business and an entrepreneurship? How about a business owner from an entrepreneur? These terms are commonly used interchangeably. However, these terms have different meaning – and those differences are what we will try to find out. To illustrate and understand simply and clearly the difference between business and entrepreneurship, we will have a face-off between a businessman and an entrepreneur. So the showdown begins.
