Thursday, August 25, 2011

Snakes and Ladders

It's good that you have a great vision of your goals, but do take note that the path that you take may not be a straight one. It may lead you back to where you started. Have you played a game of Snake and Ladders? The rules of the game are pretty simple. Read more after the jump!

Thursday, August 18, 2011

Total Quality Management for Business Start-Ups


"Quality can be achieved by doing things better today than yesterday, and better tomorrow than today."

Total Quality Management stresses out the involvement of both the internal and external environments of the company. The internal environment consists of the 5Ms (Man, Material, Money, Machinery and Management). Those are usually within the control of the business. On the other hand, the external environment includes those that are beyond its control such as the suppliers, customers, intermediaries, competitors and the public.  Both business environments should always be taken into consideration to meet or exceed consumer expectations.  

The main function of TQM is to constantly improve the quality of the products and processes of a company. Quality is what the customer says it is. It means that the performance of the company greatly depends on how its consumers will react on the products and services that it offers.
TQM can be easily applied to businesses that are about to start! Terry Powell answered some WH questions that can explain simply how TQM can be used for Business Start-Ups.

Thursday, August 11, 2011

Office career: not for a lifetime

[image c/o google.com]

Everything has its end. And sometimes, these endings scare us. What we don't realize is that something will new come in, and that's change in the best context.

Change is defined as "to give a different position, course, or direction to" by the Merriam-Webster dictionary. It isn't hard to think why. Giving in to a new environment, new working habits and new experiences waiting to happen are not what one necessarily thinks about.

For students graduating from college, thinking about where their careers will go is a big deal. But how about graduating from the career you've chosen? What's your next big deal?

With the slumping economic situation of today, you just can't sit and relax. Job security is not the same as it was before.

That is why having a business is a popular choice to maintain financial stability nowadays. You won't be earning six-digit figures monthly for a lifetime, you know.

With a business, you have your daily income on the go. Second, you're the boss, and your convenience will be a priority. Third, you can fulfill your dreams and be wealthy. The list goes on and on.

So the question is: Will having a business make you financially-stable? Yes, but it depends. It depends on how you run it as the 'captain of the ship.'

Although it takes a lot to make your business career successful, the basic tenets of hard work, perseverance and dedication still stand true, just like in the old office times.

Having second thoughts? Terry Powell is just around to keep your curiosity floating. So who would have thought change would be this fun? :)

Thursday, August 4, 2011

When Starting Up...


If you've watched the new Thundercats, you'll see and hear a lot of the things that you must do when starting a business. There might be spoilers ahead! Here are the key points that will be discussed:

• Take risks
• Take advantage of your resources
• You can't do it alone