Entrepreneurship and Family business
What connects Mukesh Ambani, Laxmi Mittal, Anil Ambani, Azim Premji, Shashi and Ravi Ruia, Kushal Pal Singh, Savitri Jindal, Sunil Mittal, Kumar Birla and Gautam Adani… quit a quiz Brainstormer ,isn’t it? Well apart from the fact that all of them are a part of the top ten richest people in India list, there is also something very common between how all of them have accumulated their wealth. Answers anyone?
Yes, you are right my friend, Family Business it is. All of them have started, grown and risen through their diversified Family Businesses. Take the case of lakshmi Nivas Mittal, born into a business family of Rajasthan. He began his career working in the family’s steelmaking business in India and the rest is what they called “history”. Others like Azim Premji joined parental Business at 21 years of age, Shashi and Ravi Ruia had their inception into the big bad world of Business under the guidance of his father, the late Nand Kishore Ruia. Kumar Mangalam Birla hails from a Marwari business family from state of Rajasthan and Gautam Adani after his initial years of struggling tasted success by running and growing a plastics unit in Ahmedabad bought by his elder brother Mansukhbhai.
Not to forget other bright examples of the TATA, Godrej and Reliance, which all exemplify cases of Family Business managed at the most professional terms
Often, in the Media glare that foreign glitzy Corporate Houses enjoy, we forget the immense strength and limitless possibilities that Indian family businesses possess. So if you have a Family Business already and dream of growing it to a globally recognizes Corporation, we have the knowledge and mentorship expertise to convert your dreams into reality.
An Acknowledged National Resource Institute Engaged In Entrepreneurship Education, Research & Training.
India’s Best Entrepreneurship Education supported by the Government and apex financial bodies. Visit us at:
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The Journey Into Entrepreneurship; Starting A Small Business
For most of us there comes a day when we toy with the idea of starting a small business; work stress and frustrated career goals can often leave us thirsting for autonomy and starting a small business seems to fit the bill. But for those who are thinking of starting a small business, the road can be one of sacrifice and learning.
Before starting a small business do as much research as possible. Talk to other people who have started a small business and are willing to give you some guidance, read books by people who have a passion for entrepreneurship, and get online to read as much as possible about the ins and outs of starting a small business. On the Internet you’ll also have access to advocacy organizations developed to help those starting a small business; as well as access to chat forums where you can learn from the experiences of others in your situation
Locally there should also be organizations that can help you in starting a small business. Look at the business advocacy groups in your local area that can offer guidance.
Gather as much information as you can and keep careful notes. Remember that this business will be a reflection of you and as such should mirror the philosophies to which you subscribe. Starting a small business is not the same for everyone; take your own special circumstances into account before beginning your journey.
Depending on the business you are starting, it may also be in your best interest to hire legal counsel. A lawyer can help you navigate the complexities of small business ownership and save you time and money further down the road.
Additionally, a lawyer who is well-versed in online commerce can help you establish an online presence if starting a small business for you includes an Internet component.
Also, if starting a small business for you means bringing on employees, a lawyer is essential to your success. Hiring employees opens you up to a whole new set of liabilities; save yourself any complications by having a lawyer by your side to protect you.
Starting a small business can be a wonderfully rewarding experience. Put your best foot forward by facing each challenge and arming yourself with knowledge. Careful research and meticulous planning will reward you with success and the greatest possibility of future and continued viability.
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Yahoo Small Business – The Many Benefits
When a person starts a small business, there are many preparations to be made to ensure the overall success of the business. Some of these preparations include setting up a webpage, developing a domain, implementing emails for the business, getting internet access that is appropriate to the needs of your business, as well as developing a marketing strategy. If you implement the use of Yahoo Small Business, you can get all of this and more! In this article, you will be introduced to a number of benefits when it comes to using Yahoo Small Business.
One of the main benefits of using Yahoo to assist you with your small business needs is the Yahoo Small Business Web Hosting service that is offered. With Yahoo, you can enjoy a multitude of wonderful features. The first being that you can design your website with a great deal of flexibility! You can also implement the use of the many professionally designed templates, or pull a template from a 3rd party.
In addition to this, Yahoo Small Business Web Hosting service gives you a lot of web hosting space for your products. Each month, you are permitted to have an unbelievable 200GB of bandwidth in which data can be transferred to your customers. You can also enjoy a large 5GB of web space to effectively design your website.
When you sign up for Yahoo Small Business Web Hosting, you can get a free domain name in order to brand your website. If you already have a domain name, that is no problem! Yahoo will allow you to bring your own name with you! In addition to outstanding features that come with your web hosting subscription with Yahoo, you can enjoy the comfort of knowing that there are specially trained professionals available to you every hour of the day of the week if you have questions, concerns, or issues with your service or website.
Many small businesses enjoy the Yahoo Small Business Web Hosting service because the subscription runs on a month to month basis, and there are no contracts involved in which you must commit to a certain term of service. Furthermore, the prices are quite competitive. You can have all the benefits of this service for as little as $7.77 for the first 2 months, and then $8.96 per month thereafter! This is an exceptional value!
When using Yahoo Small Business, you can enjoy a variety of marketing features. Marketing is a key component to the overall success of your business. One of the most popular methods that many business owners use is advertising in Yahoo! Local. You can display your business logo, describe your business, advertise your products, and more by implementing the use of this effective marketing strategy.
Individuals who take advantage of the marketing tools in Yahoo Small Business can submit their website to the Yahoo search engine. Many business owners also submit their website to the Yahoo Directory, and promote their products in Yahoo Shopping. By using these various marketing tools, a business can gain exposure, increase their search engine ranking, and potentially earn an outstanding income. Yahoo Small Business works to make every effort to ensure that each business is successful in their endeavors.
Internet access is often very important when it comes to the productivity of the small business. While there are numerous providers of internet service available today, if a business decides to use Yahoo as their one stop business solution, they can enjoy the collaboration of Yahoo and AT&T. This collaboration can provide you with an inexpensive way to ensure high speed internet access with great reliability. For as little as $14.95 a month, one can enjoy exciting features such as enhanced business security, effective and reliable connections, and many tools that allow you to communicate with your clients, customers, and coworkers.
Email is an essential part of every small business. When you utilize the email service that is provided by Yahoo Small Business, you can enjoy many features, which include:
- Unlimited Space on the Email Server
- Your Domain Name on Email Addresses
- Free Email Newsletter
- Spam Solutions
- Name Brand Antivirus Software
By using this Yahoo Business Email service, you can assign personalized email addresses to individuals that conduct work within your small business. If you want to create a professional, high-quality solution to your email needs, Yahoo provides outstanding services that make this possible.
As you can see, utilizing Yahoo Small Business can prove to provide many benefits to your small business. You can depend on this service to provide highly technological solutions for your business with outstanding reliability and customer service.
Create a yahoo web site for yourself and see the excellent benefits and features that you can have for a great price. The Site Solutions tool alone will amaze you with how easy it is to build a web site. These features are a great beginning on why anyone should choose Yahoo Small Business.
Russell Blanc specializes in Yahoo Web Hosting for the past 6 years and manages an information-rich web site at http://www.Website-HostingCo.com that is dedicated to Yahoo Small Business.
What Is Permission Email Marketing And How Does It Benefit Your Online Business?
Email marketing is continuously getting more attention as years go by. Marketing is making a shift towards the Internet and email marketing is one of the major fields that promoters are getting into.
However, even if email marketing is getting more popular, it is somewhat getting a notorious image because of spammers. Spam is a term used for unsolicited emails which marketers use to be able to convey their marketing message. There has been a lot of action that has taken place in different states against spamming. One can actually be sued because of spamming.
Surveys have shown that around 70% of people who receive spam emails are somewhat annoyed or agitated. Majority of people don’t even open emails from suspicious senders or from people and companies whom they don’t recognize. They open emails from persons and companies whom they recognize and have affiliations with. This is the drama in the email marketing field.
However, email marketing is not coming to its end yet. There are ways on how to legally and ethically send marketing messages through electronic mail. One of the ways is “permission-based” email marketing.
Permission email marketing, as the name implies, takes into consideration the consent of the receiver in accepting emails containing marketing materials. Permission can be expressed or implied.
Expressed permission is solicited when people check a box which states that they would want to receive email updates and marketing materials regarding a certain product or service. When they click on the “terms of agreement” of a certain website, it can be considered that there is an implication of consent to receive certain email messages.
There are a lot of advantages that permission email marketing gives a promoter as compared to spamming. Here are some of them:
1) Legality
As mentioned above, spamming is considered as an illegal activity and some states have developed laws and measures to be able to stop spammers. Permission-based email marketing is perfectly legal and this erases the risks and possible costs that are associated with being sued.
2) Ethical
Permission email marketing is seen as an ethical alternative to spamming. Even if one is not sued for spamming, it doesn’t imply that people are not irritated by the unsolicited emails. Sending marketing materials that are permitted by the receiver are given a “go-signal” and is considered totally ethical.
3) Promotes a good image
Companies which employ spamming activities to be able to market their products are instantly hated by the people who receive their emails. Permission-based email marketing gives a company and its product a good corporate image and therefore more appreciated by the targeted audience.
4) Target audience
Permission email marketing channels precious resources to the right audience. Spamming throws marketing efforts as if the promoter is blind. People who give their consent to receive emails regarding topics which are appealing to them are people who are willing to spend money for products in that field. Therefore, the right target market is reached rather than carelessly spreading the marketing message.
5) Avoids costs
Permission based email marketing avoids added costs. Aside from channeling resources to reach the right audience, permission marketing avoids costs that are associated by being sued by people who have been much irritated by spam emails. Other sanctions that are involved with spamming includes the loss of the company’s ISP.
6) Appreciation
Email marketing that is permitted is accepted by people with open arms. Spamming is not really accepted by the public and it is best that one does not engage in this activity.
A survey was done by a company called IMT Strategies in 2001 regarding the effects of permission email marketing versus the response that people make from receiving unsolicited email.
48% of people who receive marketing materials with their permission are curious to read the emails while only 16% are interested to read unsolicited email. The number of people who deleted email marketing messages with permission are half of those who deleted unsolicited email.
Permission email marketing gives certain advantages against spamming. It is a legal and ethical way of marketing through electronic mail and receives acceptance from the target audience.
Jo Han Mok is the author of the #1 international business bestseller, The E-Code.
He shares his amazing blueprint for creating million dollar internet businesses
at: http://www.InternetMillionaireBlueprints.com