Sadia Mahmud

A Skill Needed by Every Startup CEO

A Skill Needed by Every Startup CEO

Never is it more important to communicate your vision with much effectiveness with people around you than when you are starting a new business. Effective communication will earn you the trust of people around you including your business partners, investors and customers. You need these folks to believe in you and your business for your success to be easily achieved. To achieve this, you need to tell them what you are trying to do not only in a clear way but also in a very precise way. At this point in time, writing skill becomes immensely important.

For effective communication of your message, you need to be passionate and determined to your goal. However, this is not always an easy process as time is usually needed to build these communication skills. If you just ventured into the business world and desired to develop your writing skills, here are some takes on achieving your purposes.  (more…)

Developing a Good Budget Should not be Difficult

Developing a Good Budget Should not be Difficult

Lots of people think that following a good budget plan implies being stingy and also constantly calculating and documenting lots of numbers. This is close to what a budget is but it does not completely define it. A budget is formed and developed with a strong financial foundation no matter the situation at hand. It will interest you to note that it is not a difficult process contrary to what many people think.

What is a budget?

A budget can be defined as an analysis or itemization and plan with regards to the amount of money coming in to your purse and where they are channeled into. No business can ever succeed if the income and expenses are not tracked. In the same way, to make success in personal finances, you should be able to track your income and expenditures. You need to know the exact place your money comes in from and where it all goes in order to achieve financial success else it will be difficult to achieve.  (more…)

Determining Your Financial Personality

Determining Your Financial Personality

It becomes easier to make more money when you have a perfect understanding of your money temperament. For lots of people, financial decisions constitute emotions and prejudiced desires; they are not only about the dollar or cent. Tope Ganiyah Fajingbesi, a certified public accountant based in Baltimore, Maryland, said that you may be able to make better financial decisions by analyzing your attitudes about saving and spending. She analyzed these attitudes, grouping them into five financial personality types and to make it easily understandable; she assigned a color to each of them. (more…)

Easy and Cheap Way to Make Your Business More Sustainable

Easy and Cheap Way to Make Your Business More Sustainable

22Sustainability is one of the last things a small business would think of with the numerous activities and things to bother about in the business. However, you can invest in sustainability programs despite your limited resources. The founder of Trade Show Emporium, Willis Wood, said people generally believe that it costs a lot of money to achieve sustainability in business. I went through the challenge of wanting to provide trade show exhibits with environmentally friendly features, he said. At the onset such trade show exhibit was pricier than the traditional one. However, we were able to obtain a green exhibit of the same price with traditional exhibit after working with manufacturers to reduce the price. (more…)

How to Create a Budget Plan

How to Create a Budget Plan

Nobody likes budgeting but the truth is that it is indispensable. I have tried simplifying budget using several ways and I have been able to learn a number of things. These rules shortly outlined will guide you towards excellence when creating budget no matter what type of budget it is. Below are some rules you need to put to mind.

Do not aim at perfection

Budgets are targets and therefore you will simply not perfection in it in the first three months of its application. All you have to do is to try as much as possible to get close to the budget if you cannot attain perfection in it. You can also adjust some necessary variables as much as possible.  (more…)

Tips for Being a Successful Entrepreneur in Your Youth

Tips for Being a Successful Entrepreneur in Your Youth

Today, many youths in America have passion, desire and creativity to take the world by storm and bring in new innovations. This simply explains why you can find many of them being entrepreneurs in different fields and aspects of life. However, owing to their lack of experiences and indestructible naivety attitudes, lots of these young businessmen and women are victims of business failures and debacles today.

This is a great challenge but the good news is that there is a solution for it. You can wade through the liabilities and overcome them in order to successfully launch your business and also ensure that you make huge success even until your retirement. How do you achieve these purposes? Below are some takes on achieving it.  (more…)