Cordially Yours

That Bill Gates is a different person is an undeniable fact. He is at present the fourth richest person on this planet. Why is he successful? As an entrepreneur, what does he do differently to earn his success?  Those who have watched Gates from close quarters say that he loses patience if he comes across people who waste time. They also point out that he meticulously plans his day and that his schedule covers every single minute of his day. But is this the only habit that makes him successful ? The answer is a big 'No.' Of course, planning the day is important. But there is another habit of Gates that is responsible for his successful entrepreneurial journey.  The habit is: Bill Gates wants to work only with lazy people. Is he crazy? Does he really like to work with lazy folks? To everyone's surprise, the answer is a 'yes.'  Why?  To this question, his answer is: “I choose a lazy person to do a hard job. Because a lazy person will find an easy w...

You may be aspiring to become wealthy, your ambition may be to grow in your career, or you may want to beat the competition in your industry and become the numero uno in the field. These mundane desires and attaining Buddha-hood can not co-exist. Therefore, it is not necessary that you should worry about reaching that saintly stage or something parallel to it that may need complete renunciation. It is enough if you focus on the task on hand , that is accumulating wealth, achieving the career growth you want, or climbing to the top position in your industry. But how to accomplish these aims? Let us find out. If you observe how a champion player proceeds with his Chess game, you will observe that he will aim to make tiny gains on the board. As the game proceeds, these tiny gains will culminate into a huge win. Similarly, you should always work for making small gains. This rule is applicable to everyone, regardless of whether they are entrepreneurs or employees, or whether they w...

If you have an entrepreneurial mindset and if you intend to start a venture, you may have this question in your mind. The question is - How long will it take for my start-up to make profits? Let us find out. But before that, let us see if a start-up can make a profit or if it may also end up as a failure as several other start-ups do. When you launch a company, you may do so only after you conceive an idea. But is an idea enough for making profits in your new venture? The answer is obviously in the negative. Unless your idea is saleable, it is impossible to make money out of it. Of course, if your idea is saleable and if you break even, there may not be any look-backs. By now, you may have become aware of the ways to grow your company and increase your revenues.  But the real question is when a start-up can make profits . According to a few experts, every industry or field is different and every company operating in an industry is unique as well. So, it may not be ...

The news story that Kuldeep Singh, manager for the past six years at McDonald's restaurant located at 152 Street Highway 10 at Surrey, Canada, has been conferred with the award "Outstanding Manager of the Year for 2015" may offer a lot of tips to managers and entrepreneurs as to how they should conduct their business in the present-day world . This recognition is the result of Singh's contribution towards building sales and more importantly, for his focus towards guest satisfaction. Other factors that prompted McDonald Canada to confer this award on him are his approach towards staff training, staff development and his coordinating abilities that could create a synergy between the marketing programs conducted locally and his restaurant operations. In short, this award is mainly because Singh has been bestowing special focus upon guest satisfaction and has been putting a lot of faith in his team. Singh proudly says that his team in the Surrey restaurant helpe...