viernes, 28 de abril de 2017

Mauro Libi: Ideas to obtain funds for undertaking

     




Do you have a great business idea but you don’t have a dime to make it possible? Yes, we know that on many times, we have told you that what proceeds is to request a credit or look for some investors, but it is not an easy thing, we also recognize it. The reality in Latin America works with its own rules and has to be adapted to them (the rules). So, we are not saying that our countries remain in the prehistory and are not possible the way of credit or the investors, but maybe the prudent thing is a combination of all these mechanisms of financing.

     So look for (at least) initial funds for the business, but how? Here we offer some ideas on different ways to get funds for your business. Let's take a look:

 1. Sales: It looks like a lie but it is the last option that the entrepreneurs consider when it should be the first one. So, study the market and assign some capital to invest in some product or service you can sell to make money that will feed your business.

2. Raise capital among friends, family and fans of your idea: Society can be the way and natural partners will be the members of your own family, your friends or some people to whom you expose your idea and they feel attracted to it. They can be partners or investors. It is a matter of defining the best way for you and for them.

3. Competitions and meetings: Do not rule out going with your project to the calls for competition or the calls that some institutions open periodically to support projects of various kinds.

4. Go to institutions that offer capital for entrepreneurship projects: Do not discard the government plans that exist in all countries. They are bureaucratic processes, but remember that the worst diligence is the one that is not tried.

5. Crowdfunding: This modality has been successful and is a wonderful way to get the funds. In fact, this is the perfect scenario for good business ideas. Of course, it requires that you design a great campaign.

6. Credits: Obviously the credit way shouldn’t be discarded. Analyze very well your project and ask yourself if your idea is strong enough to go to a bank or financial institution for a loan.

7. Angel investor: Although you don’t believe it exists in Latin America. They are willing people to invest in attractive and well-designed business ideas.


8. Business Capital: Another option to get capital is mutual funds. Whatever the route, it is advisable to seek for suggestions from experts in the project design that can indicate the strengths and weaknesses that exhibit to perfect it and can be displayed with a good presentation whatever the path that choose to raise funds for your business.



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miércoles, 26 de abril de 2017

Mauro Libie: How classified companies are?

     


Throughout our conversations we have referred to companies over and over again. We have mentioned these organizations dedicated to activities for economic or commercial purposes, an economic-social unit composed of human, technical and material elements. Now, in this chapter, we want to talk about its classification in different aspects.

     Classification of companies according to their activity:

·         Industrial companies: are those dedicated to the production of goods by processing raw materials.

·         Extractives companies: are those dedicated to the extraction of natural resources, whether renewable or non-renewable.

·         Manufacturing companies: are those that transform the raw materials into finished products and at the same time, can be companies that produce products for the final consumer or companies that produce production goods.

·         Agricultural companies: are dedicated to farming.

·         Commercial companies: are the intermediaries between the producer and the consumer. Its main function is the sale of finished products. In addition, commercial enterprises can be classified into:
-Wholesalers: those who sell to other companies in large volumes.

-Frequency: those that sell products in large quantities or in units for resale or for the final consumer.

-Retailers: they sell products in small quantities to the final consumer.

-Commissioners: are those who sell where a profit or a commission is received.

·         Service companies: they are dedicated to providing services to the community. These are classified in different public services such as: communications, energy, water and so on; and different private services such as: administrative, accounting, legal services, and many more.

·         Transport companies (people or merchandise): are those of tourism, the financial institutions, education, health, finances and insurance.
According to the activity, the companies can be classified as:

1.      Companies of the primary sector: transformations of natural resources in unprocessed primary products that are used as raw materials.

2.       Companies in the secondary sector: Those are the ones that transform the raw material into consumer products.

3.      Companies of the tertiary sector or services sector: Those are those that have to do with the economic activities related to the material services that do not produce goods.

     Classification of companies according to the origin of capital: In this classification we find:
·         Public enterprises: are those where capital belongs to the state and seek to satisfy social needs.

·         Private companies: are those where capital is owned by private investors and are for profit. They can be national, foreign or transnational.
     In the next chapter, we will continue talking about the classification of the companies.

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sábado, 22 de abril de 2017

Mauro Libi: Tips to do a good job as external performers

    


 In organizations, the work is not always carried out with the employees of this company, but due to some circumstances or specificities of some tasks, it is necessary to resort to hiring external performers to the company. In some cases, it is a training job to have acquired some new machinery or technology, or to an advice that seeks to optimize some processes or correct some faults that are being raised in the organization, but whatever the reason, the important thing is to make the coexistence between one and the other be carried out in the best possible way, in the best terms of harmony and mutual benefit.

     Whether these people perform freelance, stakeholder or associates, the key is to develop an optimal relationship with external elements. It is necessary to understand that the important thing is to achieve the benefit for the company is reached and, consequently, for the inmates who will continue in work as soon as the external ones finish their work and they leave. If by the characteristics of the contract the external performers have to keep in permanent relationship because to them corresponds the control of their activity in our business, it is necessary to do everything possible and impossible to get be okay.

     What do you do to maintain a good relationship? Let's see:

1. The interests of both parts must be aligned: It is essential to understand when working with an associated company or individual in particular, every part will maintain their own interests because each one works according to its own objectives and goals. It corresponds to the parts, to configure the interests that are common so that they allow carrying out the work rowing in a same sense and all they are benefited. About the particular interests of every part, a good attitude is to collaborate with the other so that he can fulfill his own goals understanding that if they improve also we will do it.

2. It is necessary to focus on mutual support: When an external performer joins our production chain, mutual support is essential. The idea is for both parts to get the job done easier. Setting up a support network for the subcontracted team can greatly contribute to driving both companies to success more quickly and in a sustained manner over time. Producing under these conditions will be more efficient and effective.


3. Your brand must be vigorously defended: The image of the brand must be preserved. It is an invaluable asset that can’t be lost by misunderstandings or actions that can fail. That‘s why, it is very important to carefully analyze and evaluate outsourcing and verify that the performance of the latter does not affect our brand in any way. Make sure that both brands are protected.

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lunes, 17 de abril de 2017

Mauro Libi: Organizational health is a strategy for business success



A company where the work absenteeism, workers' accidents, and personnel turnover are frequent, is an institution with poor organizational health, and this situation are reflected in high costs that affect the budgets that should be destined to production and labor motivation, for example. It is estimated that the cost of absenteeism and the workforce presence are already reaching scary figures worldwide; we speak of economic loss, not only for companies but for society in general.

     Equally, occupational accidents, apart from economic cost, generate another that is much more moving, this is an unquantifiable cost. Organizational health is a vital issue for all the companies and enterprises. It has to do with security, but also with communication between the different parts of the structure of the company or enterprise. A bad communication affects the working environment and obstructs understanding so, this is reflected in negative results for the organization.

     In the same way, poor organizational health has economic and social effects and, if not treated in a timely and appropriate manner, becomes a pathology that can severely affect business stability, also affects productivity and profitability of organizations, but organizational health can be affected by stress and depression whose levels are increasingly alarming in companies and business. Factors such as: work overload, misallocation of tasks, absence of conciliation policies, excessive hours, insufficient salary, poor working environment, and many more, lead to the formation of a sad, unhappy organization.

     Business managers haven’t fully understood that investing in organizational health is investing in more productivity and more profitability. A happy employee is a worker willing to produce and give the extra mile to meet the goals and objectives of the organization. Another important investment is the one that the companies have to do in specialists who are in charge to work these aspects inside the organizations. Organizational psychology is a discipline that has much to contribute towards organizational health and its professionals have to be part of the area of ​​human resources and institutional planning.


     Business success will be the result of good organizational health policy.



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miércoles, 12 de abril de 2017

Positive psychology is not the same as positive thinking






In this opportunity, we want to echo the warning that Dwayne Allen Thomas, a lawyer and teacher in Positive Applied Psychology, graduated from the University of Pennsylvania on the tendency to confuse positive thinking with positive psychology. Thomas recalls that prior to World War II, psychology had three goals: to cure mental illness, to cultivate talent, and to make people's lives more satisfying and productive, but the treatment of mental illness ceased to be the fundamental objective when, at the end of the 20th century, positive psychology arose in order to become the "science of human strengths", focusing its work no longer on curing but on preventing the evils of the human mind by cultivating the forts.

     Already in this century, positive psychology is in the search for the promotion of human potential until it reaches the present time when this science uses the scientific method to study the factors that contribute to human wellbeing. Man has always been concerned with welfare, an example is Aristotle who warned that one thing was happy and another was to feel happy. In this same scheme, Seligman stated that the absence of mental illness wasn’t necessarily equivalent to the presence of mental wellbeing. Thus, we arrive at what is object of this writing and we refer then, that positive psychology shouldn’t be confused.

     Studies show that positive outcomes are not limited to positive stimuli. One example is that fear and anger encourage selective attention. Another example is the case of the post-traumatic growth concept which is defined as a positive change derived from a traumatic event, so we haven’t necessarily too much of a bad thing equally in something also bad. Excessive confidence, for example, can lead to arrogance, in such a way; it is erratic belief that positive thinking is enough to be part of positive psychology. It is not right to mix self-help with positive psychology. Of course, Dwayne Allen Thomas also warns that positive psychology has sometimes been misunderstood as the study of a superficial hedonic form of happiness.



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Three bad habits of online communication






Por Mauro Libi.- Virtually all the communication that takes place today happens online. The possibilities that technology makes available to man, the emergence of various mobile positives, the expansion and greater coverage of the web world, have opened a wide bouquet that allow the man to send messages and receive them from almost everywhere they are. Very good! Or not so much, as along with the expansion of online communication, channels have created a series of habits or customs that affect the exchange, as messages are not aligned with the audience and this decreases the effectiveness of communications.

     What are these negative habits? Just take a look of these:

1. The deafness of tone: For the impossibility that some means have to express the tone, the intention which the messages are emitted. A clear example of this is the electronic mail where it is impossible to perceive the purpose of some messages and then, the misunderstandings occur. The conciseness of some answers can easily be understood as the desire to cut off communication, not wanting to talk to someone or not having a desire to deal with a particular subject, when the reason for issuing it is far from it. That‘s why, it is necessary to take a few extra minutes before sending any response to a request, so that the presence of an intention that is not raised at the time of writing the messages is captured. Sometimes a cordial greeting or affectionate farewell may be enough to change the tone of the communications. A simple "thank you" can save you a lot of discomfort.

2. The promotional disease: This has to do with the excess of messages, tweets, posts, publications, which the subject is always the person who issues them. The effect that this can cause is that you come to think that what is really important for the sender is to feed his ego. One to six ratio is recommended for self-promotion messages. Make sure that e-mail offers something interesting to recipients. Promoting others and their content is also recommended.

3. The negative mental state: Here we want to warn of those people who don’t lose opportunity of any kind, among them messages, post, tweets, and so on, to complain absolutely for everything. This affects your image, think highly of every message emitted, and avoid being personal and permanent a negative person.



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