Blitzinfo

Hot

Post Top Ad

Post Top Ad

Get cash back for shopping online and $10 bonus.

Get cash back for shopping online and $10 bonus.

Thursday, 5 October 2017

Access Bank recruitment 2017: requirements

October 05, 2017 0
Access Bank Plc is a prestigious financial institution with offices in 9 African countries and Great Britain, and representative offices in all major Nigerian cities; they were given the Best Practise and Innovation Award in 2009, which comes as no surprise considering their values of high ethics, professionalism and effective management. Today, you will learn more about Access Bank Recruitment 2017. Access bank recruitment 2017

Process of Access Bank

Access Bank Nigeria, a lot of attention is paid to the training of new employees and their team only takes promising talented people who are striving to achieve high professionalism and leadership positions.

First, you will need to fill their application form online and then follow these procedures:
  •  If you meet the requirements of the bank, you will be invited for a written test.
  • Candidates who pass the test will then be invited to spend a day in their main office; this will enable them take part in interactive sessions and get to understand the activities of the bank better.
  • Then you need to go through psychometric testing, write an essay and pass an interview.
  • A final interview will then be conducted by the Head of their Personnel Department.
  • After that, successful candidates will receive invitations to attend their training school.

Access bank recruitment 2017: requirements
 
 
The requirements for application always depend on the position you are applying for. Let's consider the main opportunities available at Access Bank PLC and how they suit you.
 
Two-year Frontline Internship Program
 
This option is suitable for fresh graduates looking for banking jobs in Nigeria. Preference is given to people with good communication skills and the ability to learn new things, as well as a desire to gain work experience in the banking sector.
 
During the internship, you will be taught all you need to know about working at an entry level in bank, and supported with all the necessary knowledge you need to provide quality services to customers, manage people and delegate authority.
 
Special 8 hours classes are also provided quarterly for this purpose.
  • To participate in this program you must meet the following requirements:
  • At least a second class lower from an accredited institution.
  • Not more than 24 years old at the time of application.
  • You must have rights to work legally in Nigeria.
  • High level of personal motivation and desire to study.
Experienced Professionals

       If you are not new to banking, you can apply for the position of a Senior Banking Adviser. It requires you to work in Lagos and treat the issues of German and Chinese clients of the company.


The SBA is an intermediary between the bank which he represents and large foreign organizations. Access bank recruitment 2017: requirements for experienced employees

This work suits you if you are ready to perform the following duties:
       

  •  Adapt Nigerian banking products to customers’ needs in Germany and China. You must figure out their need and help them achieve it.
  • Seek out new customers and maintain favorable relationships with existing ones.
  • Implement sales plans, provide consulting services to Germans and Chinese people who want to expand their activities in Nigeria.
  • Coordinate agency services and develop business relations with foreign institutions.
  • Also, the commercial bank and the head of the group can assign you other tasks that you will have to deal with in a qualitative and timely manner.
  • Generate new financial decisions regarding investments of West African enterprises in businesses in Germany and China.
  • You should have a clear understanding of client management. This process should be properly systematized.
  • Conduct an analysis to identify opportunities to build networks around the world. It is necessary to study the global and local level, to identify promising opportunities for sales in other areas of business.
  • You will need to develop strategies to meet the detected demand.Local support, interaction with various associations of Germany and China.Stay innovative and provide the bank with much needed fresh ideas. If you can find unusual ways to stimulate bilateral international trade, they will be encouraged by superiors.Access bank requirements
 
 
Qualification level and requirements:
  • You must have an educational degree in any discipline.
  • Having a Master's degree is an added advantage.It is important to have experience in business, corporate or commercial banking.
  • Your professional skills will be checked and confirmed; if the employer can see that you are able to develop a business and achieve the goals of your customers, it will bring you closer to getting hired.
  • Candidates with 8-11 years of experience in this industry will be considered in a separate order.As it is necessary to communicate with foreign clients, it is desirable to know German/Chinese.
  • You must have good business communications and writing skills. Perfect English is a must.You should be well-oriented in banking products, able to draw closer to customers and manage mutual relationships.
  • Professional salespeople who are able to comply with plans and adhere to strategies are welcomed.
  • You will have to conduct presentations and negotiations, so you must know how to do this well.
  • This post requires not just a decent performer, but an entrepreneur who is able to make important decisions and be wholly responsible for them.
  • If you have a problem, you need to solve it quickly without shifting responsibilities to higher authorities.You need to have good leadership, management and coordination skills; being a good team player is also a must.
 
Read More
Post By at No comments:

'The room disappears': Here’s what experts say Mandalay Bay will likely do with the shooter’s hotel suite

October 05, 2017 0
Hospitality industry experts say that Mandalay Bay is going to have to make some big changes following the Las Vegas shooting.The floor plan of the Vista Suite, which Paddock stayed in.

Last Thursday, Stephen Paddock checked into a $500 suite at the Mandalay Bay Resort and Casino in Las Vegas.
Now, Mandalay Bay is irrevocably linked to the deadliest mass shooting in modern US history, after Paddock opened fire on a crowd of 22,000 people from the window of his hotel room.
He killed 58 people and wounded nearly 500, police say.
Often, sites of tragedies become an area of mourning and remembrance. However, the room on the 32nd floor where Paddock executed his killing spree is unlikely to become so.
"From my opinion, the room disappears," Anthony Melchiorri, host of Travel Channel's "Hotel Impossible," told Business Insider.
Melchiorri said if he were running the hotel, he would reach out to victims and their families to see how he could best help them.
Then, the room in question — which has been identified as room 135 on the 32nd floor — would likely "disappear" and no longer be available for guests to book. Melchiorri said he would go so far as to have the doors sealed up, removing any trace of the suite's existence. A member of the FBI leaving the Mandalay Bay after the mass shooting in Las Vegas on Sunday.

Deanna Ting, hospitality editor at travel industry intelligence company Skift, agreed that the room would probably not be available to be booked — at least for a very long time.
Beyond the room in question, both Ting and Melchiorri emphasized the importance of Mandalay Bay reestablishing the hotel as a safe and secure space for guests.
Housekeeping and other members of staff will be retrained to say something if they see something suspicious. Ting predicts that a very visible security presence — such as metal detectors, X-ray machines, and armed guards — will likely flood Vegas hotels, at least in the short term.
Las Vegas hotels already have some of the best security in the country, with Melchiorri saying it has "more security per square foot" than any other city in the US.
Debra DeShong, a spokesperson for Mandalay Bay's parent company, MGM Resorts, told Business Insider in a statement that the company "works consistently with local and national law enforcement agencies to keep procedures at our resorts up to date, and are always improving and evolving."
However, for Mandalay Bay and other hotels in Las Vegas to convince guests of their safety, drastic and visible changes will be necessary.
Read More
Post By at No comments:

Monkey pox hit bayelsa

October 05, 2017 0
*MONKEYPOX  HITS  BAYELSA, MEDICAL DOCTOR, 10 OTHERS QUARANTINE*


swankpharm October 4, 2017

Fear has gripped the residents of Bayelsa State as a deadly viral epidemic known as “monkeypox” has broken out in the state.
According to the World Health Organisation, monkeypox is a rare disease that occurs primarily in remote parts of Central and West Africa, near tropical rainforests.
The monkeypox virus can cause a fatal illness in humans and, although it is similar to human smallpox which has been eradicated, it is much milder,” WHO says.
It was authoritatively learnt that a medical doctor and 10 persons who came down with the monkeypox had been quarantined in an isolation centre at the Niger Delta University Teaching Hospital, Okolobiri, in Yenagoa Local Government Area of the state.
The isolation centre was reportedly created by the Nigerian Centre for Disease Control and the epidemiological team of the state’s Ministry of Health to control the spread of the virus.

The NCDC and the epidemiological team were said to be tracking 49 other persons who were said to have come in contact with persons who were already infected.

The state Commissioner for Health, Prof. Ebitimitula Etebu, confirmed the development, saying that samples of the virus had been sent to the World Health Organisation laboratory in Dakar, Senegal, for confirmation.

*He described monkeypox as a viral illness caused by a group of viruses that include chicken pox and smallpox, adding that the first case was noticed in the Democratic Republic of Congo and subsequent outbreaks in West African region.*

The commissioner explained that the virus has the Central African and the West African types, saying that the the West African type is milder and has no records of mortality.

Etebu stated, “Recently in Bayelsa State, we noticed a suspected outbreak of monkeypox. It has not been confirmed. We have sent samples to the World Health Organisation’s reference laboratory in Dakar, Senegal.

”When that comes out, we will be sure that it is confirmed. But from all indications, it points towards it.

*”As the name implies, the virus was first seen in monkey, but can also be found in all bush animals such as rats, squirrels and antelopes.*
*”The source is usually all animals. It was first seen in monkeys and that is why it is called monkeypox. But every bush animals such as rats, squirrels, and antelopes are involved.*

“So, the secretions from particularly dead animals are highly contagious.”

*He listed the symptoms of monkeypox as severe headache, fever, back pains, etc., noting that most worrisome of all the signs are rashes bigger than those caused by chicken pox.*

The commissioner said the rashes are usually frightening and usually spread to the entire body of infected persons.
Speaking on the Bayelsa case, Etebu stated, “We noticed the first index case from Agbura, where somebody was purported to have killed and eaten a monkey and after that, the people who are neighbours and families started developing the rashes.
“We have seen cases from as far as Biseni. We invited the NCDC together with our own epidemiological team from the Bayelsa Ministry of Health.
“We have been able to trace most of the people who have come in contact with the patients.
“So far, we have 10 patients and we have created an isolation centre at the NDUTH and most of them are on admission and we are following up the 49 cases that we are suspecting might come down with the illness.
“As a state, we are taking care of all the expenses of all the isolated cases.
“The disease has an incubation period and it is also self-limiting in the sense that within two to four weeks, you get healed and it confers you with immunity for life.
“We have mobilised virtually every arsenal at our disposal in terms of sensitising the general public and making them aware by radio programmes, jingles and fliers. So, the Nigerian Centre for Disease Control has mobilised fully to Bayelsa State. We are on top of the situation.
“The only thing I will tell the general public is to observe hand hygiene and ensure they don’t come in contact with dead animals and their secretions. The disease is air-borne too. So when you come down with it, it is very infectious.
“People should wash their hands whenever they go in or come out of their houses. If they come in touch with animals, they should ensure that they wash their hands.
*“They should be very vigilant. People should report any similar cases to the relevant authorities.*
“A lot of people have come down with the symptoms, but they are hiding in their houses. If they hide, there is the propensity for the infection to spread.
“It is better to quarantine them and treat them so that we can interrupt the spread of the disease.
“People should be calm and they shouldn’t get frightened. The state has distributed personal protective equipment to workers and they are using them.”

Source: The Punch
Read More
Post By at No comments:

Tuesday, 3 October 2017

8 KEYS TO ENTREPRENEURIAL SUCCESS: TAKE IT OR LEAVE IT

October 03, 2017 0
Even the most confident and well-prepared business founders can feel a queasy sense of uncertainty as they launch their new company. Any new venture entails risk, and setbacks and unanticipated challenges are an inevitable part of the journey to success.
But savvy entrepreneurs can mitigate many of the mistakes and headaches they might otherwise have to endure by absorbing the invaluable lessons of those who have gone before them. And a unique set of mentors can be found among the winners of the Get Started series of events, sponsored by Cox Business, that have been held around the U.S.
These fast-paced pitch competitions give a wide variety of entrepreneurs the opportunity to present their ideas to a panel of experts. Cox created the series as a way to help elevate local entrepreneurs and provide them with cash and resources to get them to the next level.
In this guide, winners of nearly a dozen Get Started events share their advice and insights on how an aspiring entrepreneur can take those all-important first steps, stay on course, and recover from setbacks:

1. Focus on your idea, not your resume

Entrepreneurs often base their ideas on personal experience, but, contrary to conventional wisdom, you don't need years of experience in an industry to launch a successful company within it. What counts for far more is having a solution to a problem.
Take Drytunes, a company that makes a go-anywhere, waterproof Bluetooth speaker. It was invented not by an audio engineer but a motion picture camera assistant, Aeron McKeough, whose work on TV shows such as Survivor revealed the need for a rugged and portable audio system suitable for remote, harsh locations.
In fact, the Get Started competition has repeatedly demonstrated that entrepreneurialism is a viable career path for everyone from recent college grads to returning-to-work moms, because it's become much easier to develop an idea and put it in front of people than in the past.
That said, you should carefully assess the skills you've developed (perhaps in other industries) and assess how they can be applied to your new business. When Emily Gaddis launched Gator and Crane, a small format, zero-waste grocery store chain, she had spent years as a teacher. That might not seem like a logical launching pad for entrepreneurism, but she was inspired to create her business when she saw that many of her lower-income students struggled to afford healthy, locally grown food.
"My teaching background also gave me a good foundation for expressing my ideas to customers, and making presentations," she says. "And my experience in curriculum development was essential to shaping my business plans."

2. Understand what help you need, and ask for it

Entrepreneurs have a jack-of-all-trades attitude, which is useful...until it isn't. Looking back, Krystal Stubbendeck, founder of Borrow For Your Bump, a company that lets expecting mothers rent maternity and nursing attire during pregnancy and in the months thereafter, says that her biggest mistake was in not seeking out the advisors and mentors she needed. As a consequence, she made many basic mistakes, like not factoring in the profit margin of various products as she built out her inventory.
Despite the perception of entrepreneurs as outgoing dealmakers, many often have trouble asking for help. "It doesn't come naturally to me," Gaddis says. "I meet people and don't ask as much as I should. But it's amazing how much people are willing to assist."
Many successful entrepreneurs say they had to consciously develop the ability to seek out expert advice and always be alert to the help other people might be able to provide. The sooner you learn to work this muscle, the better.

3. Leverage the power of the Web

The help you need might be around the corner, but it might also be on another continent. Savvy entrepreneurs are quickly learning how to leverage crowd-sourcing, universities, and other cost-effective sources of expertise--even for critical professional services.
Steve Waddell spent 25 years building aircraft carriers and submarines, but he knew he needed help to turn his idea for a gadget that combines the attributes of a fountain and faucet, Nasoni Dual-Purpose Faucet, into reality. He wasn't deterred by the tight budget constraints common to any startup.
Using Elance (now called Upwork), an internet-based service that connects people with a broad spectrum of freelance talent, he found a designer in Thailand with the CAD modeling and fluid dynamics experience he needed to develop a prototype, as well as a lawyer in India to handle the patent work.
While he admits that he was wary of using professional services halfway around the world, he was ultimately assuaged by reading through reviews from other businesspeople who had used their services.
"You can use the internet to your strategic advantage to obtain freelance work from countries with lower labor costs, while maintaining a high level of competence and quality," Waddell says. That said, he prefers local vendors he can meet with face-to-face for some tasks, such as having a local lawyer create his LLC, operating agreement, and the other legal building blocks of his business.

4. Talk to your customers (even before you have any!)

Entrepreneurs are invariably propelled by a great idea--and, in fact, usually have an endless stream of them--but it's essential to vet them with the people who will be on the receiving end. "Just because you think an idea is good doesn't mean everyone else will think that, as well!" says Remmi Smith, a teenager who launched a C.H.E.F (Cook Healthy Exercise Frequently) Program, a subscription business of healthy snacks for kids. "The first thing to do is determine who your ideal and likely buyer will be for your product or service. Then, start asking them what they think."
With the Chef Club Box, she knew her target audience was moms, so she started asking every mom she knew if they would buy the kind of product she had in mind for their kids. Thanks to their feedback she developed boxes tailored to moms with small and large families, and included activity sheets and a monthly surprise because the moms told her that along with snacks they also wanted fun things to do with their kids.
As essential as this early market research is, however, it does have its limits. Leon Wilde, who developed an app that prevents a phone from being used for texting or searching the internet from within a moving car, notes that "customers are good at telling you what they don't like, but they're bad at telling you what they need. As an entrepreneur, you have to focus on what customers actually buy, which can be different than what they say they want."
And, at the far end of the spectrum, some products are so far out in front of the market, or simply so complicated, that it can be challenging to figure out how to sell them. James Lawrence, for example, developed an advanced software system that helps drone operators stay in compliance with the rapidly evolving rules and regulations for the devices.
"We were so far ahead of the competition that the need for the system we were offering was not within our customers' line of sight," he says. "It was tough for them to grasp our concept and how we envisioned it working to provide value to them." To get over this, his company decided to pitch its technology to legislators and economic development officials, because they had a focus on the public-safety aspects of drone flying.

5. Maintain Your Vision

While it's important to seek out feedback and advice, you also have to remain the captain of your entrepreneurial ship. Don't let a little criticism deter you from what you know is a good idea. "If the idea was important enough for you to venture out and start a business, then be faithful to that idea," Lawrence says.
Also beware of the risk of well-intentioned friends or partners, who--often inspired by your enthusiasm--muddy the waters by offering ideas that take your vision off course.
Early in the formation of his company, Lawrence outsourced a key component to a reputable hardware designer. But soon that designer's ideas for the component began to crowd out Lawrence's, and he "had to spend a lot of cycles getting the design straightened out."
"You will meet a lot of people who will want you to deviate from the original idea that inspired you," he says. "It is always good to listen to their ideas and understand if those ideas fit into your business model; however, take them with a grain of salt. What motivated you may not be their motivation."

6. Make It Personal

No matter how great your idea, don't underestimate the importance of the personal story that is almost certainly connected to it. Consider Smith, whose business was born out of videos that showed her cooking with her mom, and which became popular on YouTube. "Let customers get to know you and your brand on a personal level," she says. "Since I ammy brand, I try to promote my business 80% of the time, but I also devote 20% of my time to posting personal events and fun things I'm doing with my family and friends."
Smith blogs and tweets frequently, pointing out that these are (aside from the time involved) free mechanisms for connecting with customers. To spend that time wisely, she suggests picking a few social networks that fit with the nature of your business, rather than trying to maintain a presence on them all.
She adds that an easy way to promote your products on social media is to place share buttons on your product pages to encourage customers to let their own friends know how much they like your products. It's important to keep in mind that sharing is an emotional experience, and so it is more likely to happen if you create an emotional connection with customers.
Along the same lines, Stubbendeck is building out her company's website to provide lots of advice for expectant mothers. "We are creating a sense of community," she says. "We need to keep it real and authentic, rather than, say, creating partnerships as an extension of generating revenue."

7. Start with the end in mind

Torrey Tayenaka came up with the idea for a "smart shower," called Eva, that does things like shut off the water flow when you step back to lather shampoo into your hair. Yet even before that product was developed, he was thinking more broadly and creating designs for an entire family of water-saving products, from sprinklers to dishwashers. He knew from the start that he wanted to create a brand, not a product.
In the same way, Gaddis developed a long-term strategy for her grocery business from day one. She pondered what intellectual capital she needed to develop in order to appeal to investors, and has already considered how to create an employee stock ownership plan that will someday allow her to sell the company to employees who will maintain the social mission.
"A lot of people think an IPO is the only way you can go public," she says. "But there are many great models for private companies; you just need to be creative." The key, she says, is to plan far in advance. If, as in her case, you know you want your employees to own the company, you need to create an environment that will attract and retain those kinds of employees.

8. Accept that you'll fail...and get back up

Every successful entrepreneur has stories about the "great idea" that didn't pan out--even when it was good enough to win a Get Started event. Eric Burns, a bar owner and transportation consultant, saw that people in Omaha had no convenient way to go to local bars safely after the buses shut down at 10 p.m. So he launched Nightlife Transit, a limited-service private bus service that operated in the entertainment districts around Omaha from 9 p.m. to 2:30 a.m.
"We operated for about three months, gaining an enormous amount of traction, and we were being approached from individuals from around the country looking to franchise our model," Burns days. "But during this time a competitor in our market didn't want us in their space and protested our certificate of authority for the bus line. We spent the next few months battling over legal issues. Eventually they nearly bankrupted us; we simply didn't have the funds to continue paying our lawyers."
Rather than give up on entrepreneurialism, he opened "Gazella Wifi," an automated lead-generation system that helps restaurants improve their marketing efforts. "While the business idea that helped me win Get Started didn't take off as ideally as I wanted," he says, "I learned an incredible amount about everything from legal services to sales to how to manage business relationships. I feel more confident now than I ever have, and I know my current successes in business would not have come without that struggle."
Read More
Post By at No comments:
Labels:

CHECK OUT THESE 7 RULES YOU NEED FOLLOW TO NAIL YOUR NEXT JOB INTERVIEW

October 03, 2017 0
The more honest you are, the less likely you are to get a job you don't really want.
Interviews can be fun. People who do them a lot know an interview really doesn't have to be a nerve-racking or difficult experience. The stigma that surrounds the interview is that you always think you have to project the best version of yourself. When you interview a lot you know that, more than anything else, you need to be real.
Break These 7 Rules to Nail Your Next Job Interview
Be objective about your experiences, skills and knowledge. Show your prospective employer your true self. Being honest is appreciated, and asking the right questions can do a lot for you.
Keep the simple rule that you should be asking questions, but here are seven other rules you should break to nail the interview and get the job. Beware: Breaking some conventional rules won't be appropriate in some cases and may even go against the odds or popular beliefs in general. In other words, following these suggested actions is no guarantee of success. However, if breaking a few rules helps you be true to yourself, it may be exactly what your new boss is looking for.

1. Ask about salary.

The first interview rule I’d like you to consider breaking is the outdated idea that you should never ask what the salary is going to be. To the contrary, asking about money is arguably the best thing you can do for yourself. These days, most companies are transparent about the salary even in the first interview. Regardless, even if the company isn't willing to be transparent, this is still a piece of information you want to know. By asking this question, you'll be showing that you value yourself and you're genuinely interested in doing a great job. What’s more, if the company isn’t willing to tell you salary info, it may be an indication that you aren’t the right fit for that organization.

2. Talk about how you solved past work issues.

There’s a longstanding line of thinking that’s it’s just bad news to go talking about problemsyou may have had in a prior workplace. Some professionals have begun to turn against this in more recent years though. If you honestly reveal what type of issues you had during your prior positions and how you resolved them, you may get bonus points in the eyes of many interviewers. After all, they need to see what you’ve been through and know what you can really do for their company. The value you'll bring is an important consideration and even crucial in their decision-making process.

3. Tell the company your expectations.

Not every job seeker feels enthusiastic about confidently professing their needs and wants to a prospective employer. The truth is, they need to know about your values and motivations. At the same time, you need to tell them what you realistically expect from their working environment, salary, bonus, and, yes, even politics. If your expectations don’t match up with what they're offering, then they might give you more if they truly value you as a professional. Stay true to yourself.

4. Ask what resources are available for the position.

You don’t want to be demanding about support you’ll need for a role you haven’t won yet, but it’s more than reasonable to ask about the resources the position will need. It shows your possible future employer that you’re ready to start work. You’re already doing everything posssible to be successful, and have your head in the game. Drop any doubts about it and ask what you will have and how you can use it for the enhancement of the role.

5. Explain why you left your last job.

This is another one that goes against advice I’ve been given in the past. Be honest about why you are leaving your current job. The story is often not a happy one, but you should consider telling the real reason. It means that you want your new employers to know about the things you're not willing to put up with in a working environment. All of the answers you give in an interview provide an assessment of your personality and the type of worker you are. You don’t have to describe all the nasty details (if they exist), but you should speak about the root of whatever issues you were experiencing. 

6. Describe a project you worked on that was a complete failure.

It’s becoming more and more popular to speak about failures as a stepping stone to success, and this is part of that. Describing a previous failure shows that you have confidence, know how to handle tough situations and have experience. Don’t hide your mistakes. Why? They help define you as a person and a professional. And, they can sometimes get you the job. Be bold with who you are as a worker. They'll appreciate it.

7. Describe your personality.

There’s no use in hiding now. Show them what they'll get from you. Talk about your habits, hobbies and even flaws. Show that you can use this unique mixture of traits to your advantage. Let them know how you can successfully handle tasks with all that you bring to the table. They’re going to learn about you soon enough, so let your personality shine through.
Read More
Post By at No comments:
Labels:

5 MONEY HABITS YOU NEED TO ADOPT TO BE RICH!

October 03, 2017 0
In all honesty there is no single solution or way to become rich. Many of us assume you just need to lock in a cushy job at an established company. Truth is, you need to develop certain habits around your money if you want to build wealth regardless of your paycheck (to an extent). If you become disciplined early on then you’ll give yourself a huge leg up when the real bucks start rolling in.
Here are five money habits you need to adopt today if you want to build wealth.
5 Money Habits You Need to Adopt Today to Build Your Wealth

1. Don’t always pay for convenience

With technology at our fingertips that can deliver us a fully cooked meal or even an in-house massage, our generation has become accustomed to paying for convenience. Thing is, that convenience will always come at a hefty price. For example, if you’re a big coffee drinker you should buy whole coffee beans and make your own at home instead of going to Starbucks every morning. If you can create a budget and be disciplined about it you’ll be able to easily identify where you need to make cuts. Remember, every little bit counts.

2. Live below your means

You may equate fancy cars and big homes to success and happiness. Sometimes it’s true, however even some of the richest individuals in the world live modest lifestyles. Warren Buffett for example has lived in the same home since 1958 and drives a 2006 Cadillac. That’s pretty modest for a man worth over $70 billion.
Regardless of your income it’s always good to live below your means. You’d be surprised how many individuals may appear to be wealthy on the surface but have little saved up. It’s okay to buy yourself something nice once in a while but try to stay modest you’ll be happier (and wealthier) in the long run.

3. Avoid debt at all costs

If you want to build substantial wealth you need to do whatever it takes to avoid debt. Even if disaster strikes you should explore every other option before taking on debt. For example, try and borrow from friends or family if necessary you can even offer to pay them back with interest. The difference is your credit won’t be affected nor will the interest compound if you miss a payment.
I use my credit cards as a way to build credit rather than a means of borrowing money. I recommend setting up automatic payments on all your credit cards and be very diligent about making sure your pay-to account has enough funds.

4. Sell things you no longer need

Everyone has a little bit of “hoarder” in them. Especially in America individuals accumulate a ton of, for lack of better words, crap throughout their lives. Instead of letting all that stuff sit in your basement why not sell it? There are plenty of online marketplaces for used goods that make it a breeze to sell your unused items. In Steve Job’s words it’s always good to clear out the old to make way for the new.

5. Start a side hustle (or two)

Regardless how secure you think you are at your current job it’s always good to put a couple more irons in the fire. If you think you don’t have time then you aren’t spending your time wisely. There are plenty of ways you can start your side hustle. It doesn’t have to be a part-time job, rather a project that you can manage on the side of your full-time job. You can use affordable automation tools instead of doing all the legwork yourself. If you want to truly get ahead financially you need to have multiple sources of income. A side-hustle is a great place to start.

Final thoughts

Building sustainable wealth takes time. There is really no such thing as a “get rich quick scheme” and it requires much more than hard work. It requires smart and strategic work. Along with the five habits listed above you need to develop a plan that works well for you and your lifestyle. If you’re disciplined you’ll make your millions, I promise.
Read More
Post By at No comments:
Labels:

10 RELIABLE WAYS TO FUND YOUR SMALL BUSINESS

October 03, 2017 0
10 Ways to Fund Your Small Business
During the life of most any business, the owner will need to seek out cash to help with its growth or to keep it going through a rough patch. So, planning how to fund a business is hardly a trivial or brief topic. Indeed, a thorough discussion would take much more space than we have here.
However, we can provide an overview we hope will help start you thinking about your business’ options.
First, there are two ways to externally fund a business: debt and equity. When debt is used, the investor receives a note for his or her cash. The note spells out the terms of repayment, including timing and interest. The benefit of using debt is that you retain ownership of your company. The downside is that you have an obligation to repay. If you fail to meet your commitment, the lender, under certain circumstances, can force the company into liquidation.
Then there's equity. An owner who uses equity to fund a business turns over an ownership stake to an investor in return for the latter's cash. The benefit is that there is no obligation to repay the investor. The downside is the owner has to give up a part of the ownership of his or her business. This can entail losing some control over the company.
There are many different sources of equity and debt funding. We’ll briefly consider several examples.

Equity

Bootstrapping -- The business funds itself. As the business grows, it throws off cash that enables further growth. We know a company that distributes and installs VoIP (voice communications) technology systems. The owner had approached us for an angel investment. After we looked at his books, sales funnel and business model, we turned him down. Instead, we suggested that the owner bootstrap his business. We reasoned that the sales in the pipeline would be sufficient for the growth he planned. He didn’t need outside cash, and we suggested he not sell part of his company.
Self-funding -- Many entrepreneurs fund their businesses themselves. They use savings or personal debt (such as a second mortgage or credit cards). Alternatively, they sell assets to generate cash (e.g., a second home or a boat) for the business.
Friends and family -- Obviously, friends and family can provide either equity or debt funding. While this may initially seem like a good source, be careful about selling part of your business to this group. Unfortunately, businesses fail. The loss of capital can then cause hurt feelings, ruin friendships and make for unpleasant family gatherings. Be sure that your investors know the true risks.
Angel investors -- These people are typically affluent individuals willing to invest in businesses. Increasingly, angel investors are forming investment groups to spread risk, and to pool research. We belong to a couple of these groups. Search online for local angels or talk to your chamber of commerce. Your local chamber may know who is interested in funding new ventures and ideas in your area.
Cloud funding – There are a number of groups that will allow you to pitch your ideas to investors via the internet. Typically, when this type of funding is successful, multiple investors will contribute funds to the idea. Be aware that there are restrictions on how cloud funders can operate.
Partners -- Taking on a partner can be a source of funding. The partner may or may not become an employee of the business. Strategic partners can benefit the business by aligning resources. For example, a property management company might make a strategic investment in a property maintenance company because it could eventually feed work to the maintenance group.
Venture capital -- These firms provide early-stage funding, but are typically looking to make relatively large investments and take a significant share of the company -- often a controlling interest.
Crowdfunding – These are primarily web-based projects and allow individuals with a business, idea or project to reach out to thousands of potential investors through various platforms. Investments can be debt, equity or rewards-based. There are hundreds of crowdfunding platforms, so you will need to do your homework before launching into this arena.

Debt

Small business lenders -- Many organizations are interested in lending to small businesses. Try Googling “small business loans” to see the plethora of results. Most lenders will want the loan to be secured by assets of some type, and rates may be high. An owner spoke to us about a short-term loan he was considering. He said the rate was 3 percent. However, the term was 30 days. We had to explain to him that the annual interest rate for the loan was actually 36 percent, because the calculation was actually: 3 percent/per month X 12 months/per year = 36 percent/per year. This was quite different from the 3 percent he had assumed.
SBA loans – The Small Business Administration has many programs, but in general, these loans require a guarantee that the loan will be repaid, to enable businesses to get loans from traditional lenders.
Banks – Traditional banks make small business loans. However, they typically require a track record and will often want the loans secured with assets.
There are more options for funding small businesses than we can cover here. However, with a good business plan and much persistence, funding can be secured.
Read More
Post By at No comments:
Labels:

10 money rules that can change your life

October 03, 2017 0

Warren Buffett is a principled man and he lives by those principles, which has helped him build his wealth long-term.

Warren Buffet

Whenever you hear the name Warren Buffet, you know it has to do with money and wealth.

Warren Buffett is an American business mogul who started with just a $100 and turned it into over a $76 billion, long-term. Which tells us that to be wealthy and successful, it isn’t about how much money you have, but the financial knowledge you have.

Warren Buffett is a principled man and he lives by those principles, which has helped him build his wealth long-term.
Here are ten tips you can tap from Warren Buffett which should be helpful for you.
10 money quotes from Warren Buffett


1. “You’ve gotta keep control of your time, and you can’t unless you say no. You can’t let people set your agenda in life.”
Time is precious and also translates into money. It is very important to know how to manage time. Without time management, it will be a case of disorganized schedule.
2. “I always knew I was going to be rich. I don’t think I ever doubted it for a minute.”
To be wealthy, you should always have a positive mindset towards it, always be optimistic and never have a mediocre mindset of doing things, never be sceptical about doing things.
3. “The most important investment you can make is in yourself.


Warren Buffett and current wife, Astrid


Personal development is important. Develop yourself mentally, read motivational books, take business professional courses. Anything to improve your personal life.
4. “If past history was all that is needed to play the game of money, the richest people would be librarians.”
Never let your past determine your future. Because you failed at something doesn't mean you are a failure. 
5. “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”

Warren Buffett

It's better to have assets than liabilities. Acquire things that would have long-term value.
6.  “In the world of business, the people who are most successful are those who are doing what they love.”
There is always a sense of fulfilment in doing what you love. Having a passion for something and turning it into money
7. “The difference between successful people and really successful people is that really successful people say no to almost everything.”
You must learn how to say no to almost anything.  Before making a decision think through it.” Saying no most times prevents you from making bad financial decisions.

8. “It’s better to hang out with people better than you. Pick out associates whose behaviour is better than yours and you’ll drift in that direction"
Make friends with people of like mind and interest and are way better than you. Meet and network with the right people

9. “Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.”
There is a saying '"Opportunity comes but once when it comes your way, make good of it"
Seize every opportunity and leverage on it.
10. “If you aren’t thinking about owning a stock for ten years, don’t even think about owning it for ten minutes.”
Make more of long-term investment goals than short-term ones.
Read More
Post By at No comments:

TStv Africa - Meet new Pay TV operator

October 03, 2017 0
According to the Federal Government, TStv Africa, which was recently launched, will receive 3-year tax privileges. There are also tax-free dividends for all investors in this project. Do you want to know more about the new Pay TV operator? Keep reading to learn interesting details about TStv Africa. TStv operator

Latest news about TStv AfricaLai Mohammed, the current Minister of Information and Culture, made mention of the TStv privileges on Saturday. This was during a dinner held in honour of the newly established company. TStv Africa is fully owned by Pay TV. This project offers a reasonably-priced subscription and free Internet services.During the speech which was about the presentation of the company's services, the minister stated that company will receive 'Pioneer Status', a benefit which federal authorities developed in order to promote new projects. Mohammed expressed his congratulations to the head of the company Dr. Bright Echefu.The minister said that on November, 28 a meeting between his ministry and the NBC will take place, the purpose of which is to analyse the audience of the product.




Lai Mohammed


Importance of TStv Africa This significant step was made to revise the paid mechanism of cable television. Serious changes will be introduced so that Nigerians can enjoy the best services at affordable rates. This is aimed at making entertainment and information more accessible to Nigeria. Every citizen in Nigeria will be able to find interesting content and fresh news from around the world.The TStv launch was very symbolic since it meant the beginning of a new era. This is a great innovation for Nigerians to move forward.TStv Africa - Meet new Pay TV operator


Features of TStv Africa operator

  •  Echefu said that his project overcome many obstacles and will ensure a liberalisation of PayTV. Users can enjoy their subscriptions and even choose to pause it when they are travelling or going to work for instance. You will only pay for when you watch.
  • The project includes 70 premium channels and the maximim monthly fee is N3000
  • You can subscribe for the 200-500 Naira plan for a certain period.
  • This is a completely national brand so the programmes are suited to the Nigerian audience.
  • A Personal Video Recorder is provided so you have more viewing control.
  • You can use the pause function, rewind the video, write and save the programmes you are interested in.
  • When subscribing to TStv, Nigerians can even enjoy free Wi-Fi. You can also participate in video conferences and make calls.In addition to high-quality TV channels, you can enjoy quality programmes in these genres: music, cinema, documentary programs, sports, news, religion, family, fashion industry, healthy lifestyle, Nigerian culture.

Read More
Post By at No comments:

Sunday, 1 October 2017

6 top-performance habits only the extraordinary people share, backed by science

October 01, 2017 0
Why do some people succeed more quickly than others, and maintain that success over the course of decades? And out of that extremely small subset of people, why do some of them seem miserable, while others live happy lives?
Success and happiness: That's the combination we all hope to achieve. But the problem is, how do we become more successful and feel more fulfilled?
Brendon Burchard has spent 20 years answering that question, and in High Performance Habits: How Extraordinary People Become That Way, he provides the answers.
Brendon is the author of best-selling books like The Motivation Manifesto and The Millionaire Messenger, is a pioneer in online education (his videos have been viewed more than 100 million times, and more than one million people have taken his online courses), is a Top 100 most followed public figure on Facebook, and is the CEO of High Performance Institute.
Brendon's findings in High Performance Habits are based on extensive research, but, more important, he lays out practical, real-world ways you can adopt the six habits to use in your professional and personal lives.
I read an advance copy, and I promise it's one of the best books you'll read this year. So I spoke with Brendon to get a brief overview, in his words, of the six habits.
Here we go:
1. Seek clarity.
High performers don't necessarily get clarity. Instead, they seek it more often than other people -- so they tend to find it and stay on their true path.
For example, successful people don't wait until New Year's to perform a self-evaluation and decide what changes they want to make.
I've worked with Oprah, and she starts every meeting by saying, "What is our intention for this meeting? What's important? What matters?"
High performers constantly seek clarity. That makes them better at sifting out distractions because they constantly refocus on what is important.
A simple approach to seeking clarity is to focus on four things: self, skills, social, and service. How do you want to describe your ideal self? How do you want to behave socially?What skills do you want to develop and demonstrate? What service do you want to provide?
Asking -- and answering -- those questions more often than other people will definitely give you an edge.

2. Generate energy.

Our research shows, unsurprisingly, that most people lose energy throughout the day. By 2 or 3 p.m. they're starting to flag, and many finish the day feeling wiped out.
But some people -- some extremely busy and productive people -- aren't wiped out.
What we found is that most people bleed out energy and intention in the transitions between tasks, between meetings, etc.
High performers have mastered their transitions. They're more likely to take a quick break, to close their eyes, to meditate -- to give themselves a short psychological break that releases their tension and focus from one activity so they are primed to take on the next.
They recharge themselves throughout the day, between activities -- it's as if they generateenergy throughout the day instead of losing it.
If you want to feel more energized and creative and be more effective at work -- and leave work with plenty of "oomph" to enjoy your personal life -- give your mind and body a break every 45 to 60 minutes. While that can sometimes be tough to do, whenever possible, plan your day in those chunks.
3. Raise necessity.
Before every major activity, high performers raise the psychological necessity regarding why it is important for them to perform well.
I was working with an Olympic gold medal sprinter. One day I said, "When you're lined up against all these other sprinters, and the difference in winning and losing is hundredths of a second, how do you know who is going to win?"
He said, "I would put my money on the person who says, 'I'm going to do this for my mom.'"
I've had similar conversations hundreds of times with the top 15 percent of high performers, and they all tell themselves why it's important for them to succeed at whatever they do that day. They all associate a deep sense of identity with performing with excellence. They don't just find meaning -- performing with excellence is so critical to their identity that it's almost like food and water.
Most people are scared to attach their identity to their performance. High performers are willing to put themselves out there and place their identities on the line. That's why we call it raising necessity: It's necessary for them to perform with excellence.
It's not a passion, it's not a preference, it's a necessity.
To raise necessity, always know whom you're doing it for. Ask yourself, out loud, "Who needs me to be on my A game right now?" When I sit down at the computer, I literally say, "Who needs me on my A game right now?" and it brings my focus back.
It could be your family, your team, your peers, your customers, your end users -- whomever it is that you have to perform well for. Speak your "why" to yourself, out loud.
To be a high performer, your job is to prime your mental ability to perform an activity well. To do that, you have to raise the necessity so you enter with a high level of intention, so you perform with excellence.
4. Increase productivity.
High performers increase the outputs that matter. When Jobs came back to Apple, he stripped down the product line. Then he focused on increasing the quality of the products that remained.
That's what we all have to do: The main thing is to keep the main thing the main thing.
High performers are also more productive because they see five steps ahead, and align themselves to achieve each of those things.
That finding changed the way I look at almost every project I start. What are the five moves? What are the five major needle-moving moves that will get me there -- and what are not the major moves, so I know the distractions to avoid? What key skills do I have to develop to accomplish those moves?
For example, before I started developing online courses I didn't know anything about video. Technology wasn't a strength, speaking wasn't a strength, but I identified those skills as necessary for my long-term success, and I obsessively worked to develop them.
What's interesting is that many high performers didn't know they were thinking in five moves; they did it unconsciously. They didn't realize they consistently identified the absolute must-have skills for long-term success and became obsessed about gaining those skills. They just did it.
But you know, and now you can.

5. Develop influence.

High performers develop influence by teaching people how to think and challenging them to grow.
Teach people how to think and you change their lives. High performers say things like, "Think of it this way" or "What if we approached it this way?" or "What do you think about this?" Over time, they train the people around them how to think -- because when you impact someone else's thoughts in a positive way, you have influence.
But that's not all they do. Think of an influential person in your life. Maybe a parent, a caregiver, a teacher -- choose someone who impacted you. They taught you how to think about yourself, or about others, or about the world, and they also challenged you to grow.
Why was this person so influential? They inspired you. How? They pushed you. How did they push you? They always told you to be your best.
High performers challenge the people they care about to grow. That's what makes the most difference where influence is concerned.
6. Demonstrate courage.
We did a tremendous amount of research on courage, and we found that in the face of risk, hardship, judgment, the unknown, or even fear, high performers tend to do a couple of things.
First, they speak up for themselves. They share their truth and ambitions more often than other people do. They also speak up for other people more often than others do. In short, high performers are willing to share the truth about themselves.
Just as important, they "honor the struggle." They know struggling is a natural part of the process. That makes them more courageous, because they enter into a pursuit knowing it will be hard. They can handle the struggle because they expect it.
Sometimes they use different language to describe the phenomena. Some say they are "patient through the process." Others say they're "OK with other people doubting or judging them." But each of them has an almost reverence for the hardship: They honor the struggle as necessary to forge the kind of character that will help them deserve the outcome they desire.
Many people complain about the struggle. High performers don't. They're fine being in the weeds, getting muddy. They know that showing up, even when they're tired, will help make them the best.
Knowing that the process will be hard -- not just accepting that it will be hard but appreciating that working through the tough times is necessary for success -- makes them less afraid.
High performers have also identified someone to fight for. Early on, I assumed courage would come from, say, a mission to change the world -- from a broad-stroke purpose or meaning.
That's not the case. Courage comes from wanting to serve one person or one unit: wife, husband, family, a small group of people. The will to work through uncertainty or fear comes from wanting to serve someone who needs help.
If you want the courage to stay the course, to overcome obstacles, to honor the struggle, don't focus on changing the world. Decide who you're doing it for, and then work hard for them.
That will give you all the courage you need.
Read More
Post By at No comments:
Labels:

Your Ads Here!