Why Most Entrepreneurs Fail- Advice for new and established entrepreneurs from Patrick Bet-David. http://www.patrickbetdavid.com
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Stock market is the best investment option for most people. Beginners are often afraid of it, but everyone should focus on investing in the stock market because share bazar can give you the kind of gains that not possible with other investment assets at all. So its important that each of one of us should learn and start investing in the stock market. So this is a tutorial video to learn investing in share market.
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Article about Growth of Wipro Stocks
https://economictimes.indiatimes.com/markets/stocks/news/maharashtras-amalners-residents-hold-rs-3000-crore-worth-shares-of-wipro/articleshow/50938848.cms?from=mdr Video Rating: / 5
Hi guys! Welcome to my new Friday series! I’m planning on covering a huge variety of topics but today’s video is a career-related one covering the basics of getting a job in marketing, what kind of salary you can expect and what a typical day might look like. I’ve broken down the content into sections and listed them all here for your convenience, in case you want to skip to a particular part:
An overview: 0:32
Agency vs/ In House: 3:55
Job Titles and Salary: 4:51
What an average day could look like: 9:11
Marketing misconceptions: 11:14
Tips on getting a job in marketing: 13:51
Please note that this is all based on my experience, particularly in London. It will likely differ according to what location you live in and what the job market is like.
Disclaimer: This video is not sponsored. Occasionally companies will gift me items however this will not affect my opinion if and when I do review said item. I will always mark reviewed items if it/they have been gifted. That said, the vast majority of items are bought with my own money. Some of the links used are affiliated. All paid-for content will be clearly stated.
Have a question? I have a page on FAQs right here 🙂
One of my most frequent questions is, how do young entrepreneurs get taken seriously, make money, succeed in the business world? We have some tips and tricks we implemented from a young age that have enabled us to achieve success early on in life!
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In this clip from the 2017 EntreLeadership 1-Day, Dave explains the key characteristics of an entrepreneur how strong leaders use those characteristics to succeed.
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100 Ways to Market Yourself and Your Business with No Money
Marketing Your Business or Marketing Yourself with No Budget Means Leveraging Time, Hard Work and Talent.
How to Market Yourself and Your Business with No Budget
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Should you spend money on advertising or marketing your business or your brand? YES. 110% Yes… as soon as it is practical to do so… as soon as you have done your homework, understand the marketplace and know it won’t be a waste…
How do you operate with that level of certainty?
Marketing with no money. Leveraging content marketing, in person networking, access to technology and the largest platforms in the world, which by the way are all free… that is how you make sure when it is time to invest in your marketing and advertising that it delivers on ROI for you.
Marketing with no budget is very real and very practical and there are a ton of companies and individuals who have done it until they scaled to a place when it was practical do so.
Lack of money and lack of budget is no excuse for not being successful. You can leverage time and effort instead.
How to Market Yourself with No Money:
Build a personal brand. Start using the free platforms like YouTube, Facebook and Instagram, Start live streaming on Periscope… go to where your ideal audience or consumer or clients are and deliver upfront value to them.
That is how you market yourself with no money. You put in the time and the work to market yourself and build a community around people who value what you are giving them in content. Whether that is information, or entertainment or motivation. You go direct to consumer, in the platforms that matter.
How to Market Your Business with No Money:
You demonstrate the power of your product or service and what problem it solves. You show up. If you think your business is not suited to a platform and you’re not willing to take the time find out or to be the one to dominate that platform, because you don’t see your competition there… it is a mistake and you will lose.
Go there and create value. Go there and show people who you are and what your business can do for them, and that will have value. You will either learn that platform or content strategy is ineffective and why, so you will never waste money trying to win there in the future… or you will learn what it works and this where you need to invest when it becomes practical.
That is how you market your business with no money and no budget.
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Rolex watches are some of the most sought-after timepieces in the world. Last year, a vintage Rolex Daytona worn by Paul Newman was sold at auction for .8 million. Cara Barrett, editor at Hodinkee, fills us in on why Rolex’s are so pricey.
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Following is a transcript of the video:
Cara Barrett: There is a rumor that in order for a Rolex to actually leave the factory or be a Rolex design it has be to recognizable from 20 feet away.
Hi, I’m Cara Barrett, editor at Hodinkee, the leading online watch publication. Rolex is one of the few brands, if not the only brand that has a very specific aesthetic. They are sporty, they are active, they are tool watches that’s kind of their main DNA.
In the 50’s they came out with the Submariner, the Explorer, the Milgauss, the GMT and they were all watches that were designed and made to be used as tools. And so that’s their bread and butter and it still is today. It kind of evolved into a luxury brand later in life which now is what they’re known for. So that’s kind of the interesting thing about them is they initially were tool watches which have now become luxury. Rolex is kind of one of those brands that sits on the lower end of the spectrum as far as luxury watches are concerned.
The Submariner’s ,000. The entry-level watch at Rolex is ,000 with the Oyster Perpetual. Their three qualities are self-winding, waterproof and precision. And they really focus on quality. It takes one year to make a Rolex. They go through extensive testing. The accuracy, the chronometer, the timing, it’s all about telling the right time, keeping the right time. They also have extensive service work after, so if you ever have a problem with your Rolex, you can take it to them and they’ll fix it.
The clasp is opened and closed a thousand times before it leaves so you know that when you get it, it’s not gonna break. The whole point of a Rolex is you buy one now, it will last you for 20 years if you take care of it. It will last you for 100 if you really take care of it. That’s ultimately why they’re so expensive because you’re buying something that will last you a lifetime presumably. And something that you can pass down to other generations as well.
In the collectors’ world, there’s the vintage Rolex market. And there’s a whole underground of different nuances and you know there’s a GMT with a matte dial, a GMT with a gilt dial and there are all these tiny little details that change and they make a watch more or less valuable.
There’s the Paul Newman Daytona which sold for .8 million last fall and that’s the most expensive Rolex that’s ever sold at auction. The Paul Newman Daytona is a really good example where they came out with a Daytona back in the 70s and they put these exotic dials on them and they couldn’t sell them. And now they’re the most collectible watches on the vintage market.
No one knows how many Rolexes are produced per year, no one knows how many Rolexes are produced per model. But there are specific ones, like the Rainbow Daytona that came out this year, rumored to have X amount made, but very small quantities. You don’t ever know exactly what the number is, but you do know that there aren’t that many. And they’re hard to get.
One of the best things about Rolex is anyone can wear any of them. They’re very unisex and I think that that’s refreshing ’cause a lot of times brands put a lot of diamonds on watches and kind of brand it as a woman’s watch. Whereas Rolex does the same thing, but it’s kind of unisex. I wear a lot of men’s Rolex. But the ladies Datejust is actually, in two-tone, is actually the most sold Rolex model of all time. Which is a really fun fact.
As boring a topic as it may be – I see way too many young entrepreneurs overlooking the importance of managing their finances when starting out! So I thought I would share the top 4 mistakes I see people making and explain how you can avoid making the same mistakes…
1) BEING DAZZLED BY THE TOP LINE.
Its so easy in todays world to be dazzled by the top lines of your competitors. We see all the time headlines branded around that XYZ company has IPO’d for this amount or Jimmy Spades and Co is now worth 100$ m. Its so easy to be trapped into the mindset of chasing revenue. Chasing turnover. Its ego based! Snap out of it. You’ll become a busy fool. focus on what actually makes money. Generate profit and EBITDA – don’t chase revenues! I mean loads of people can set up a 1$ m business which makes no profit – you’re just a busy fool!
2) IMPULSIVE SPENDING DURING STARTUP
This one gets me riled up too! The number of kids I see setting up startups and suddenly moving into fancy London city centre offices, which lovely canteens and fancy coffee machines. None of that is necessary as a startup! Drink instant coffee for god-sake! Focus on building your business and your bottom line! That fancy headline stuff can come later! Again we get caught up in these bad practices because of the stories we hear that Google has a super campus with all these gismos or Facebook give their employees pods to sleep in! Forget that – you can worry about that when your company is at $ bn – youre not there yet!
Instead what you need to do it focus on each cost – scrutinise each expense in your business. In fact this is an essential skill that you should continue to adopt even after your business has broken ground and grown substantially. But for a startup its absolutely essential. Every pound you save contributes to the ongoing growth and sustainability of your business.
3) DIVERSIFYING TOO SOON
This is another observation I’ve made. Too many young entrepreneurs, after achieving some success with their initial business idea, start to diversify too quickly! Suddenly they have some cash in their pockets, some connections and opportunities start coming their way. They then start to dig their fingers into too many pies and investments – which ultimately makes them lose focus on their bread and butter – what got them to this position. Its like Steve Jobs famously says…. focus is not saying yes to the thing you have to focus on, its saying no to the hundred other potential ideas/opportunities that arise. Focus on your bread and butter, build a sustainable business – you can spread your wings a little later! Doing it too early can really be detrimental.
4) KEEP A CASH SAFETY NET!
Lets face it guys – we hear it time and time again – cash flow is king! and its said for a reason – without managing your cash flow – you can have a business idea with immense potential but it will never see the day of light!
Its inevitable as a start up that you’ll have extreme peaks and troughs in cash flow – its gonna happen. If you do not have an eagle eye focused on your cash flow, you could run into a month where you literally do not have enough money to pay your bills and staff – you know what that means right? The game is nearly over. So make sure this is high up on your priority list. Look after your cash and juggle it as best you can to buy yourself some time!
My personal tip here would be to have a strict rule of thumb to adhere to. I personally try to keep the account balance to at least 3-4 months worth of operating costs. Some of you as you startup of course may not be able to reach such a multiple, in which case I would suggest 2 months at a minimum. But as the business grows,invest in having that buffer – it will definitely serve you well.
Young Entrepreneur – How to have difficult conversations!
Feb.26 — Nokia President of Enterprise and CSO Kathrin Buvac, Telstra CEO Andrew Penn, Verizon EVP and CSO Rima Qureshi, and Orange Business Services CEO Helmut Reisinger speak with Bloomberg’s Stefan Nicola at the Bloomberg CEO Forum at the Mobile World Congress in Barcelona.
In this video I have explained all the basic essentials that beginners would like to know about trading in the stock market with the aim of earning some quick money or by investing for a longer period.
Some Books that I will recommend :
1.The Warren Buffett Way : http://amzn.to/2bOc42m
2.Stocks to Riches : http://amzn.to/2bPBpKN
3.How to Avoid Loss and Earn Consistently in the Stock Market : http://amzn.to/2bC7pEV
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