Energy Efficiency Can Save You Money

Energy efficiency has become a topic that is discussed quite often amongst the general populace and at the government level. The focus on this topic is because of the crucially important it has over the quality of life experienced by future generations, and because of the fact that everyone can do something to contribute. So let’s check out how Energy Efficiency can save you money.

There are new energy efficient appliances which use far less energy in achieving the same objective, and there are building materials which can greatly reduce fuel consumption.

Although the topic of energy efficiency has been spoken about for quite some time now, it has to be said at the outset that the vast majority of homes are still grossly inefficient when it comes to energy consumption. Not only do people typically use incandescent light bulbs in their home, but they are also careless in their use and leave lights on in rooms when no-one is using them.

Wasted Time – How to Bust it

Time is your most precious asset, and this article includes some tips on how to avoid wasting it. So let’s take a closer look at Wasted Time – how to bust it.

In one of my earlier posts, I explained that procrastination or wasting time is the reason so many people today are unable to achieve their goals and gain financial freedom.

Many people dream about a better job, working from home or just having financial freedom yet they don’t know how to manage their time.

I think I have mentioned that I’m involved in helping people to pass the GED test. This is a high school equivalency test for people who didn’t finish high school but now are looking for new job possibilities and would like to continue their education.

The first step in this process is to get prepared for the GED by taking preparation classes and GED pre-tests. There is a really good website named Covcell.com that offers GED practice tests and online classes free of charge so people only need to have a desire to learn and self-discipline. Sadly, many people waste their time and never get their GED certificate so here is how to bust time wasting.

Mergers and Acquisitions Law – Why is Free Cash Flow important?

Last time I have discussed which methods exist to value a firm and this time I give you a small introduction in what the free cash flow is and why is it important for the valuation of the firm based on the internal data. So, let us now focus on the internal method.

My intention is to highlight the main aspects of this method, which are usually taken for granted and sometimes are paid less attention to. Here we go about Mergers and Acquisitions Law and why free Cash Flow is so important.

Now I want to focus your attention on why we work with the free cash flows for determining the value of a firm and not with the profits the company is making when trying to determine its value.

Cash flow creates a great deal of confusion to many especially those who are new to the subject of corporate finance. People tend to think that profit is the key to measuring, as determined also by San Francisco’s Student Center, value creation in a company or a project, not least because such a concept is widely known. On the other hand, while many have heard of the proverb “Cash is King”, only few can explain its significance.

Why do Mergers and Acquisitions sometimes Fail to Produce Anticipated Results?

When two companies decide to combine forces in a merger, the papers are shouting about it. Why are companies in industries ranging from telecommunications to financial services to retail looking to merge?  What is meant by the term M&A, Mergers and Acquisitions? And is a successful M&A more of a fairy tale than reality? Why do Mergers and Acquisitions sometimes fail to produce anticipated results? Just take a look at the following video about the 10 most disastrous mergers and acquisitions (M&As):

To clarify why M&A can fail, I mainly stress what key points one should keep in mind in order to have better chances of success and why businesses should go green if the want to be successful!

Definitions
M&A is a generic term that can be broken down and defined more technically. We talk about a merger if an agreement between equals is made to combine their operations. However consolidation would mean that a new firm is created after a merger, and both acquiring firm and target firm shareholders receive shares in this firm.

Why Entrepreneurs Hate Business Planning

Most entrepreneurship programs are organized around the development of a business plan. This is understandable because the first thing entrepreneurs are asked for when they apply for a bank credit or venture capital is a business plan. So let’s check out why entrepreneurs hate business planning.

If no business planning, what then?

They make use of opportunities which arise and adapt their approach continues to the market responses. Saras Sarasvathy, a key trainer in VentureLab International, called this the “Effectuation” approach as opposed to the usual “Causation” approach in which business planning plays an important role. Her findings are more and more recognized at entrepreneurship support centers across the world as also shows on the website of the well-recognized French educational and research institution Educaix.

Entrepreneurial DNA – What’s Yours?

You can find a good amount of misconceptions hanging around, boosted by icons like Steve Jobs and Mark Zuckerberg, that you should be in your 20’s, and include a rigorous way of thinking and a huge ego. But, as outlined by a comprehensive study carried out by a startup incubator, these people are merely outliers. So when we talk about Entrepreneurial DNA – what’s yours?

Smart companies used to go to great trouble to build their reputations – literally. They’d build plush and cozy branch offices that practically radiated that invaluable commodity, trust. Then came other tools – deploying armies of smooth-talking salespeople to play golf with the clientele (and to smooth over any problems), or broadcasting hours of online language development and reassuring television commercials. If none of those tactics reached the customer, the customer could literally reach for the product itself. Trust was easily built and tested at every step.

The Myth of “Generation Einstein”

Conventional wisdom suggests that Generation Y, also known as Millenials and widely known in Holland as Generation Einstein following the book of Boschma and Groen, are among other things Media Smart: “Since they were babies, they have been confronted with the media – they understand advertising and have become the ultimate experts. They only need to see the advertisement to know what the marketing strategy of the company is”. So let’s see what it is about the myth of “Generation Einstein”.

I do not know where such ideas are founded on but my impression is that they are based more on fiction than on facts. For sure the millennials have grown in a media-dominated society but they media smartness is limited since they are heavily exposed to one medium only, namely the Internet: they watch much less TV, read almost nothing on paper (except maybe their school textbooks) including newspapers and they listen much less to the radio than their parents.

This one-sided exposure can never make them experts in advertising as the above quote claims. In fact on this point I would rather argue the contrary: Their almost blind faith to everything published online as the absolute truth makes it sometimes, and particularly when dealing with, for example, Africa impossible to make a distinction between reality and commercial messages. I do not have any hard evidence to support this argument, maybe some research on this would be useful.

Clayton Christensen Quotes

Clayton Christensen often attends events related to the newest management research developments. Many sessions of the entrepreneurship division and the technology and innovation management division are focused on high tech entrepreneurship & business development. So let’s take a look at a few remarkable Clayton Christensen quotes.

Using value creation modeling to estimate the possibilities of creating a business in the future with certain products, is the way to go. Jim Anderson, professor of marketing, Kellogs business school, Chicago trains our entrepreneurs to make better assessments of their financial value.

His work also fits the norms of Clayton Christensen being well based on strong theories and developed into practical modeling of value creation and gender-related developments in market networks. But now, let’s take a look at some quotes from Clayton Christensen he shared when he was awarded the innovation award of the technology & innovation division for his career.

Doing Well by Doing Good

Business organizations who already have a successful online presence may wonder why it is virtually important to have an online presence in spite of the current successes they have been enjoying. Business blogs are a crucial tool for ensuring that the successes they current enjoy can be maintained and the current customer base will continue to expand and grow. So let’s see how your business as well can be doing well by doing good.

A blog can be a meaningful addition to an already successful website and add value that would not be possible without the use of a business blog. Here are three top reasons why a business blog is crucial in today’s online enterprise. Take advantage of these tips to lead your business to a Happy 2019!

Real person personality-Websites which have a real person obviously behind it will stand out in comparison to the other sites that are static.

Easy updates about your business-People want the latest information, especially about events, new products, new services, or funny things like quizzes or tests. So another key to a great connection with your visitors is done by posting relevant and fresh information often.

Success Comes After Failure [Infographic]

People are afraid of failure and this is the key reason why they will not succeed. It is a fact that most of the people who now are rich and successful experienced several failures before. To a certain degree, they all have failed in the past. If you examine this infographic (Courtesy of Covcell online education), you can see what kind of set-backs these famous people experienced before becoming so successful. Let’s look at how Success Comes After Failure.

So you better not give up your efforts when you feel that success seems unlikely. Just keep working hard and have faith. There will be no success if you haven’t failed before. This is just a fact of life that you will need to deal with.