All things that Make a Business Successful and Winning Business By Madhurima Tiwari

All things that Make a Business Successful and Winning Business 

By Madhurima Tiwari

 

1. Get Organized

To achieve business success you need to be organized. It will help you complete tasks and stay on top of things to be done. A good way to be organized is to create a to-do list each day. As you complete each item, check it off your list. This will ensure that you’re not forgetting anything and completing all the tasks that are essential to the survival of your business.  

 

 

2. Keep Detailed Records

All successful businesses keep detailed records. By doing so, you’ll know where the business stands financially and what potential challenges you could be facing. Just knowing this gives you time to create strategies to overcome those challenges.  

  

3. Analyze Your Competition

Competition breeds the best results. To be successful, you can’t be afraid to study and learn from your competitors. After all, they may be doing something right that you can implement in your business to make more money.

 

How you analyze competition will vary between sectors. If you're a restaurant owner, you may simply be able to dine at your competition's restaurants, ask other customers what they think, and gain information that way. However, you could be a company with much more limited access to your competitors, such as a chemicals company. In that case, you would work with a business professional and accountant to go over not just what the business presents to the world, but any financial information you may be able to get on the company as well. 

 

 

4. Understand the Risks and Rewards

The key to being successful is taking calculated risks to help your business grow. A good question to ask is “What’s the downside?” If you can answer this question, then you know what the worst-case scenario is. This knowledge will allow you to take the kinds of calculated risks that can generate tremendous rewards.

 

 

5. Be Creative

Always be looking for ways to improve your business and make it stand out from the competition. Recognize that you don’t know everything and be open to new ideas and different approaches to your business. 

 

There are many outlets that may lead to additional revenues. Take Amazon for example. The company started out as a bookseller and grew into an eCommerce giant. Not a lot of people expected that one of the major ways that Amazon makes its money is through its Web Services division.

  

6. Stay Focused

The old saying “Rome wasn’t built in a day” applies here. Just because you open a business doesn’t mean you’re going to immediately start making money. It takes time to let people know who you are, so stay focused on achieving your short-term goals.

 

Many small business owners don't even see a profit for a few years while they use their revenues to recoup investment costs. This is called being "in the red." When you are profitable and make more than you need to spend to cover debts and payroll, this is called being "in the black."

  

7. Prepare to Make Sacrifices

The lead-up to starting a business is hard work, but after you open your doors, your work has just begun. In many cases, you have to put in more time than you would if you were working for someone else, which may mean spending less time with family and friends to be successful.

 

The adage that there are no weekends and no vacations for business owners might ring true for those who are committed to making their business work. There is nothing wrong with full-time employment, and some business owners underestimate the true cost of the sacrifices that are required to start and maintain a profitable business. 

  

 

8. Provide Great Service

There are many successful businesses that forget that providing great customer service is important. If you provide better service for your customers, they’ll be more inclined to come to you the next time they need something instead of going to your competition.

 

 

9. Be Consistent

Consistency is a key component to making money in business. You have to keep doing what is necessary to be successful day in and day out. This will create long-term positive habits that will help you make money in the long run.

 

 

Madhurima Tiwari

MBA Finance

FinTech Manager 

 

Madhurima Tiwari is a Commerce

Success Stories of Crazy MBAs MBAs are super Crazy by Manisha Rewani

Success Stories of Crazy MBAs 

[MBAs are super Crazy]

by Manisha Rewani 

MBA has grown as an education option in India for many years now. Worthy, MBA is important as it gives you an extra edge over others. If you plan to start a business, then having proper education, knowledge and foundation for it will benefit you in more ways than you can think of.

MBA for startups can give that foundation to all founders, entrepreneurs and traditional businessmen. It brings you into the business world, helps you build your network, and learn about the unconventional, with a great career choice.

A good thing about doing an MBA is that you can do it while working. Many startup founders have done their MBA while working for some company. So if you are looking  to head down the road of business, then pursuing a MBA degree should be on your to-do list.

Meanwhile, here are five Indian Startup founders, who are MBAs. They will inspire you to take up this course and succeed in the world of business.

1. Richa Kar

Founder and CEO of Zivame, Richa has completed her Bachelors in Engineering from Birla Institute of Technology and Science, Pilani. Then she chose to do MBA from Narsee Monjee Institute of Management Studies. She has worked for brands like SAP and Spencers, before starting Zivame.

2. Sanjeev Bhikchandani

He is the founder and CEO of Info edge, which owns Naukri.com. Naukri.com is the biggest job portal in India. He did his Bachelors in Economics from St. Stephen's College, Delhi and Masters from IIMA. He worked for Horlicks before starting Info edge. He won the Ernst and Young Entrepreneur of the Year award in 2008.

3. Supam Maheswari

Holding a Bachelor's degree in Mechanical Engineering from Delhi University and a Masters degree in Business Administration from IIMA, Supam founded a startup Brainvisa Technologies in 2009. It was an online learning port. He then started FirstCry, a baby products online retailer in 2010. Both his startups are quite successful.

4. Abhinay Choudhari

Also an alumni from IIMA, Abhinay Choudhari is the co-founder of BigBasket, the largest online grocery shop of India. He has worked with Infosys, iGate and Netkraft prior to his building a startup.

5. Sahil Barua

Founder and CEO of Delhivery, the largest delivery company of India, Sahil Barua holds a Masters degree from IIMB. The company has investors like Times Internet Group, Nexus Venture Partners etc. The company went Global in just four years!

• Manisha Rewani  [MBA]

• Manager Mktg

• AirCrews Aviation Pvt. Ltd

• www.AircrewsAviation.com

• 
  
  
  
  
  
  
  
  
  
  
  

  
  

Build Confidence AND Destroy Fear By Priyanshi Singh

Build Confidence AND Destroy  Fear

By Priyanshi Singh

According to David J. Schwartz, the author of The Magic of Thinking Big, the secret to overcoming fear is developing confidence. 

Fear is like an infection in your body. If left untreated, it spreads unabated, causing more physical harm and pain and damaging more and more areas of your body. Fear is an infection of the mind, and when it spreads it stops you from taking chances and jumping on opportunities. It blocks your chances at success. Fear stops you from speaking up when you have something to say, and its incarnations such as anxiety and stress can actually make you physically sick. 

So how do we treat this mental infection of fear and stop its spread? Confidence is the antidote to fear, and the good news is that confidence is a skill you can develop. No one is born totally confident. Confident people acquire that confidence over time—and you can too.

There are five steps to take to build confidence and destroy fear:

1. Isolate your fear and take action.

2. Think positively.

3. Gain a better understanding of other people.

4. Make moral, right choices.

5. Act confidently, even if you don’t feel like it.

 

• ISOLATE YOUR FEAR AND TAKE ACTION: - This step has two parts. First, isolate your fear. What exactly are you afraid of? Describe it in very specific terms.

Next, take action. There’s an action to counterattack any type of fear. Prompt, decisive action conquers fear. Postponing and procrastinating is like pouring fertilizer on fear, helping it grow.

There is some kind of action for every fear.

Worried about a big test? Use the worry time as study time. 

Terrified of interacting with people you don’t know? Remember that other people are human just like you; practice and get into the habit of speaking up.  

Afraid of making a big decision like buying a house? Analyse all factors thoroughly. Then make a decision, and trust your judgment.

 

• THINK POSITIVELY: - Think of your brain as a bank, where you make thought deposits and thought withdrawals. Your inner bank teller is very responsive, ready to deliver whatever memory you call upon as thought evidence. Feeling inadequate in the face of a big decision? Your “teller” will swiftly supply you with past failures, remind you of the people who didn’t like you, and offer up a slew of your worst mistakes. 

Deposit only positive thoughts in your memory bank, and withdraw only positive thoughts. While driving alone and before you go to sleep at night, make it a point to recall positive, successful experiences. Think about your victories of the day, big and small. This will help condition you to bring positive memories to the forefront. 

When you keep thinking about a negative past experience — a jilted romance, a job failure, losing money on a bad investment — you are essentially “putting fertilizer” on the memory, allowing it to grow and become a huge negative force in your life. Even the most successful people have been in discouraging and embarrassing situations, but they don’t dwell on them. 

 

• GAIN A BETTER UNDERSTANDING OF OTHER PEOPLE: - Empathy comes up a word while understanding others emotions. You need to fit yourself on some other’s shoes. Understanding others will let you know different emotions and fears of others. Sometimes others fear is your strength and that will gain your confidence.  

Use empathy when dealing with other people. Let them know you are genuinely interested in what they have to say and be attentive. Nothing impresses a person more than someone who is sincerely interested in them and seeks to help them rather than harm them. Taking such a position also puts you in better control of the circumstances because you appear as less of a threat.

 

• MAKE MORAL, RIGHT CHOICES: - The experience of failure makes it easy for us to give up, letting fear and self-doubt win. But if you persevere and keep striving for your goals, you will be able to destroy your fear of failure and push past your limitations. In this sense “practice does make perfect.” 

Practice what you fear. If you fear public speaking, write out a speech and practice in a mirror. Then try it out in front of friends or family who love you and support you, then move to the next level and deliver it to people that need to hear what you have to say because of the value it delivers.

 

• ACT CONFIDENTLY, EVEN IF YOU DON’T FEEL LIKE: - To be confident you must have a confident mind-set posture. Have you ever noticed when a person says one thing but their body language is saying something different? What a person feels is reflected in how they act, the posture they have, their stanch, and their walk — body language. 

Project confidence by thinking and acting like it. As referenced earlier in this article, I don’t subscribe to the “fake it until you make it” strategy.  

Always strive to be yourself and no one else. Once you understand that you are the captain of your ship you can sail the seas as you want. The winds will blow but how you set and position the sails will determine your destiny.

PRIYANSHI SINGH MBA (HR) 

Manager HR

AirCrews Aviation Pvt. Ltd.

www.AircrewsAviation.com

Priyanshi@Air-Aviator.com 

https://priyanshi.vcardinfo.com

https://www.portrait-business-woman.com/2022/07/priyanshi-singh-mba-timr-s-human.html 

Think Big Dream Bigger by Priyanshi Singh

 Think Big Dream Bigger

@Priyanshi Singh 

Ambition

Dreams and Dreaming

Critical Thinking

Life and Living

Human Thinking

Philosophy of Everyday Life

Personal Goals

Self-Improvement

Getting an MBA (Master of Business Administration) takes a lot of time, money, and effort. So it’s important to really think about whether or not it is worth your while to pursue one. 

An MBA (Master of Business Administration) is a graduate degree focused on building leadership skills and learning business principles. But for the majority of students, MBAs offer much more than that: a stronger professional network, access to job opportunities, and a bigger pay check. Some of these benefits manifest sooner than others. Those accepted into highly ranked programs gain almost immediate access to seasoned staff who can help them make connections, and they can expect a significant pay bump upon graduation. The average salary for graduates from top schools is typically in the six figures. 

But sometimes, the full impact of an MBA can take a few years to come to fruition, and if you’re in it for the wrong reasons, you might not achieve the outcomes you want. Given the amount of time, money, and effort that an MBA really requires, it’s important to think about where you fit into this equation before deciding whether or not it is worth your while to pursue one.

To future-ready your career. In my daily conversations with MBA alumni and executives, I hear about the importance of “future-ready skills.” But what does this really mean? It means that more and more companies are looking to come out of the pandemic stronger than they were before by pivoting and adjusting their business models. Hiring the right talent with the right skills is an important piece of that. You should have the same mind-set. Ask yourself: “How can I expand my skillset and capabilities to be the best candidate for these roles?” 

The skills many organizations are looking for range from empathy and team management to understanding how to look ahead, set strategic goals, and influence stakeholders from diverse backgrounds. Students looking to develop skills around influence often have unique opportunities to do so during the MBA experience. 

To explore new industries or functions. If you’re looking to make a career pivot, an MBA may help you face that challenge with open eyes. Business school is a great time to gain exposure to peers, faculty, and a network of alumni from many professional backgrounds — as well as class projects and case studies that dive deeply into different industries and sectors.

That said, even if your heart is in the right place, I’d recommend doing your research, and maybe even getting a couple years of hands-on work experience, to help you figure out what areas you want to focus on before pursuing this degree. Once you’re in it, you want to choose the classes, opportunities, and events that satisfy your ambitions and makes the best use of your time.

To accelerate your career path. Not everyone who pursues an MBA wants to make a dramatic change. Many are looking to pick up the pace of their professional development within a certain industry or at their current company. A part of that involves gaining access to more senior roles with higher salaries. 

I was recently talking with a graduate who was in the running for a job at a large e-commerce tech company, but suddenly became stuck in the hiring process. An alum with connections at that company made an inquiry, discovered the issue was a delay in HR, and provided a recommendation that moved her application forward.

Most MBA programs offer access to networking events hosted by clubs and employers, as well as affinity networks and student-led conferences — all opportunities that could expand your reach, and therefore, your chances of success in the business world.

An MBA isn’t a “Golden Ticket” that will automatically admit you to higher-paying jobs with bigger responsibilities. It takes passion, proactivity, and hard work to expand your knowledge and skills. And MBA programs are just that: very hard work. Most students who enrol have a track record of professional success and are seeking further development. I wouldn’t recommend applying if your goal is only to gain money or power. 

Les Brown, a well-renowned motivational speaker, once said, “Shoot for the moon. Even if a person misses, he will land among the stars”. In reality, we have many dreams, but we may not achieve all our goals because of certain constraints. So, it is important to dream big so that even if we don’t achieve our goal, we will fall somewhere near our goal. When one dreams big, he does not put any restriction on himself. There are no limits to one’s dreams. Dreams are what differentiate great people from ordinary people. Ordi.nary people only dream about what they can achieve. Hence, they can never carry out extraordinary tasks.

PRIYANSHI SINGH MBA (HR) 

Manager HR

AirCrews Aviation Pvt. Ltd.

www.AircrewsAviation.com

Priyanshi@Air-Aviator.com 

https://priyanshi.vcardinfo.com

https://www.portrait-business-woman.com/2022/07/priyanshi-singh-mba-timr-s-human.html 

 *Set aside 30 minutes for a meeting with an angel investor*

 Glad you are enjoying the CoffeeMug experience. 24579 of Angels & VCs are using CoffeeMug to find amazing companies to invest in. Would you like to connect with them?

Let us know your preference for the meeting slots -

Reply *1* for Thursday 12:00 PM

Reply *2* for Thursday 4:00 PM

Reply *3* for Thursday 6:00 PM

Reply *4* for Friday 12:00 PM

Reply *5* for Friday 4:00 PM

Reply *All* in case you are OK with all slots

eply *NO* to skip this week

You can also use the link  

 https://coffeemug.ai/invite/aircrews-aviation

 

Top 10 Qualities of the Ex-Interns of AirCrews Aviation Pvt Ltd Priya Kesharwani [MBA] Marketing Manager

 
Top 10 Qualities of the Ex-Interns of AirCrews Aviation Pvt Ltd:

1. Adaptability

Part of being an intern is trying out different areas of a business to see what you enjoy and where you fit. This requires a certain amount of adaptability and getting stuck in whatever area you’re given to work on, even if it isn’t what you were expecting.

Indeed, while you might have an interest in a particular area, a willingness to become familiar with other areas of the business you’re interning with will be viewed as an asset.

2. Open-Mindedness

With adaptability comes an open mind. A willingness to understand different perspectives, try new methods and to accept that sometimes your way isn’t the best way. Someone with an open mind is willing to learn new things, which is a desirable quality among interns who are there to learn and grow as well as contribute.

Open-mindedness is an essential ingredient to innovation. It is through trying new things, experimenting and making mistakes that we learn. Taking an internship with this approach will get you far.

3. Personability

In most roles, you will work with people, whether it’s colleagues, customers, stakeholders or suppliers. Having a personable quality, with the innate ability to understand and connect with people is, therefore, important.

Establishing professional relationships, building rapport, networking, making sales and managing teams are all affected by how personable you are and understanding what makes people tick, where their strengths and weaknesses lie, and how to make people feel valued.

4. Self-Direction

While you’re going to need some guidance in an internship and you’re there to learn, an employer wants to know that you can use your initiative and that you won’t need constant direction. Being autonomous and able to self-direct is a great quality.

Managing your own time, meeting deadlines, showing a strong work ethic and asking for help when needed are the kind of things you need to be able to demonstrate.

5. Discipline

Being self-disciplined, with defined goals, demonstrates a level of motivation. If an employer knows that you can be disciplined enough to get your tasks done, they don’t need to use up valuable resources micromanaging you.

Knowing that an employee is able to self-motivate, as well as motivate others in the process, and bring initiative and energy to the table is highly sought-after.

6. Commitment

With being disciplined comes a certain level of commitment. Putting your everything into a task or project and being committed to see it through to the best of your ability is a strong quality.

You can demonstrate this on your application by thinking of a time you didn’t give up on something, even if you wanted to. This could be a sporting event or something that you found particularly difficult in another area of your life but that you saw through regardless.

7. Trustworthiness

Being trustworthy may not seem like something you have to highlight, but it is very important. Employers want people in their team who they can trust to do a job with minimal supervision, and who they know is dedicated to the role and can be depended on.

Showing integrity can lead to more responsibility and a better relationship with your team and superiors. This can be demonstrated through any position where you’ve been trusted with something, be it in a part-time job, a volunteer role, or even to do a specific task at school over the rest of the class.

8. Curiosity

Wanting to learn and being inquisitive shows motivation and genuine interest, which is an excellent quality. Asking questions is a way to learn more and, in doing so, you will develop within your role. You can show your curiosity to support your internship application by researching the company, asking questions in the interview, and understanding their mission and values.

Sometimes asking questions is misconstrued as a weakness but the opposite is true. Knowing when to ask for help is a skill in itself.

9. Enthusiasm

Being positive, excited and enthusiastic are qualities you can show no matter your background. Make it clear how much you want the internship you’re applying for, what you can bring to the role, and what positive impact it will have on your career.

Make sure you throw yourself into whatever is offered and get the most out of your experiences. Being positive is an indicator that you will relish opportunities, work hard and add value to the organization you work for.

10. Punctuality

Simple things like being on time for work, returning from lunch breaks promptly and attending meetings without being late are all very important qualities that aren’t to be overlooked. Being on time shows that you are committed, can be relied on and can manage your own time.

If you can manage your own time and meet deadlines, this benefits the whole team you work for and allows your manager to focus attention elsewhere, knowing that you have your time management in check.

Reasons For Failure In The Internship:

ü Taking the Internship Too Casually

Students must approach the internship experience in a professional manner. Establishing goals beforehand will help define what you want to accomplish and how to get there. Because we live in a global marketplace students need to realize how competitive the world is and act accordingly.

ü Avoiding Menial Tasks

Everyone has something they don't like about their job. For management, it may be too many meetings. For interns, tasks like filing are boring but doing menial work quickly and cheerfully demonstrates a good work ethic. You'll also gain the respect of your boss, which could lead to more challenging work. But you want to avoid being taken advantage of. If you speak with your employer beforehand about responsibilities you'll have grounds for requesting some challenging work mixed in with the filing.

ü Poor Time Management

Getting to work late or taking long lunch breaks doesn't sit well with employers. As a professional, you should adhere to the rules and regulations of the office. If work begins at 8:30 am and ends at 4:30 pm, don't arrive at 8:45 am and leave at 4 pm. If everyone takes an hour for lunch, do the same.

ü Not Asking Your Supervisor for Important Feedback

Feedback and constructive criticism should be two of the main goals of an internship. Feedback will improve your performance at that job and in the future. Have a follow-up conversation to gauge improvement and see what other things you can do to improve.

Priya Kesharwani [MBA]

Marketing Manager

https://www.portrait-business-woman.com/2022/07/priya-kesharwani.html 

priya.aircrews@gmail.com

https://pa.vcardinfo.com 

aircrews.priya@gmail.com

Top 10 Qualities of the Ex-Interns of AirCrews Aviation Pvt Ltd:

https://bit.ly/3UnfGho

@ρяιуα  Priya Kesharwani [MBA]

Marketing Manager