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Showing posts with the label Market

4Ps: Key to Unlocking the China Market

Chinese philosopher Laozi said, “A journey of one thousand miles begins with one step.” The first step towards success for businesses in China is taking the time to form an appropriate strategy. China is a huge market with great potential but can also be very complex and expensive. From my experience, when people ask me how to be successful in China, I mention 4 ‘Ps’ – Planning, People, Patience, Profits. Another old proverb says, “Good planning is halfway to success”, and many business failures have been due to lack of planning and poor execution. Regardless of a companies’ size, asking ‘How would you want your business to grow in the next 5 years?’ and ‘What is the objective of your China strategy?’ are the guiding principles for businesses planning to enter the Chinese market. When I was working in Beijing, I met the General Manager of a large overseas company that was trying to set up a franchise chain of wester...

Increase Your Market Value While You Work With a Part-Time MBA Degree

These days a lot of people want an MBA degree to enhance their career options. And who can blame them? There are rarely any programs like the MBA that offer a scientific approach to the fields of business and management that is based on theory and practice. And because of the high demand for these skilled individuals by the top corporations, the career possibilities of those who finish their MBA degrees are almost unlimited. An MBA degree is special because it trains an individual in certain concentrations of their choosing. Some of these concentrations would include: accounting, corporate strategy, decision sciences, economics, entrepreneurship, marketing, telecommunications and finance. Unspecialized MBA programs usually focus on strategic management and finance. And because it offers so many options for development it’s usually a sought after means or end for most people who attempt to scale the ladder. But not all people can avail of these perks because they can’t afford...

How to Choose the Best Spinning Reel on the Market

Spinning reels are a helpful tool that every avid fisher should have in their arsenal. These are so popular among fishers of all skill levels because they are very lightweight, intuitive, and easy to use. However, not all spinning reels are created equal. Since this type of reel is such a crucial part of the fishing process, it’s important to find the best spinning reel on the market. Here are some tips and tricks to help you find the best one for your needs. Material and Construction The construction of spinning reel is very important to your fishing success. It’s important to choose a reel that is durably constructed so you’ll be able to get years of use out of it. To test the construction of the reel, look at how the parts are assembled. Everything should feel solid, with no flimsy parts, and the materials should feel heavy duty. When the reel is in motion, the action should feel smooth and comfortable. It’s also important to consider the material your reel is...