Archive for the 'Enterprise' Category

Naveen Jain: Promoting Youth Entrepreneurship and Education

Friday, June 5th, 2009

Naveen Jain is the charismatic CEO and cofounder of Intelius, Inc., a leading online information and security provider that does background checks, pre-employment screening, people lookup services and identity theft prevention. He has managed to overcome geographical and cultural barriers in order to arrive at his height of success. Independent-minded and driven at a young age, he believed in the power of education to help him achieve his goals.

Born and raised in India, he went to the US in 1979 after obtaining his undergraduate Engineering degree from the Indian Institute of Technology in Roorkee and an M.B.A. from St. Xavier’s School of Management. In 1989, he worked with Microsoft Corporation as a senior executive, building operating systems and applications and eventually leading efforts to launch the Microsoft Network. Thereafter, he formed InfoSpace in 1996 and Intelius in 2003, earning recognitions and distinctions along the way, such as the Ernst & Young Entrepreneur of the Year Finalist in 1998 and citation as “one of the Top 20 Entrepreneurs” by Red Herring for 1997.

Strengthened by his experience and inspired by the youth’s enthusiasm to pursue their ambitions, Naveen Jain has committed to support the growing community of young innovators through education and entrepreneurial programs. Intellius’ resources have allocated scholarship endowments, and provide mentoring and guidance for youth entrepreneurs.

Naveen Jain was instrumental in the formation of Kairos Society, an exclusive entrepreneurial tribe of top college students from 18 different campuses in the country. It recently held its 1st Annual Summit in New York City with Jain as a speaker and Intelius as its Founding Title Sponsor.

Another notable effort is the establishment of a scholarship endowment worth $170,000 to fund the education of deserving but economically challenged students at the University of Washington. The fund prioritizes students taking computer science and engineering and business courses.

The company also supported the student conference “Adventures of the Mind”, a four-day mentoring summit organized by the Student Achievement Advocacy that aims to bridge the gap from potential to achievement.

Learning Lessons from Money

Wednesday, June 3rd, 2009

There is a good deal offolk such as Peter Sutherland grow up with a real determined drive and astute understanding of financial markets, however this isnt the case for some people. If you ever reach the stage where you have to declare yourself bankrupt a lot of people feel that they are the only people in the world in the same situation. What you need to realize there is an abundance of help out there for people in these testing times in the form of a whole host of specially trained experts with experience all trained to help you through such difficult times. More often than not these support groups and programs offer a 12 step program to make you amend your behavior with money in progressive levels to beat your bad habits.

Its important that you address these issues head on and understand where it is that you have made mistakes in the past in order to not repeat the same errors. More often than not a few small modifications in how you are living can quickly get your finances back under control. A lot of people become habitual spenders, who thrive on the entire experience of walking round town spending their money, it is thisaddictive type behavior which its important is addressed. Legal representatives and financial advisors should be consulted to help you create a realistic financial plan for the future and help limit mitigate the impact of your bad spending decisions in more recent times. It is best to rope in the support of as many people as you can as getting through the other side of financial turmoil can be a difficult challenge which can take some time. Something which makes this even truer is that having declared yourself bankrupt at some point in your past can often have a major impact on getting a job in the future. It can also have devastating consequences if you try and apply for a mortgage, this is especially true in the current economic climate where banks are very hesitant to lend money to anyone.

You should take the opportunity once you have declared yourself bankrupt to assess your spending patterns and make some fundamental amendments for later life which will serve you well and keep you in good financial shape. It is vitally important that you do this as you are unlikely to have the use of any credit facility and more often than not your assets will be simply taken by the banks. In this situation its wholly possible you could have to get by purely on any savings that you have, if any. In this situation being able to afford the bills and enough food to survive should be your number one priority so it is important that you dont overextend yourself and reign in your lavish spending habits.

Patent Advice for Boston Steam Room Inventors

Thursday, May 21st, 2009

Boston health and fitness gurus who want to sit back and relax after a hard workout can take the do-it-yourself approach and design the perfect steam room for winding down. Although the steam room is nothing new, new design approaches and improvements are always on the minds of clever inventors searching for the latest and greatest version. In order to introduce a new steam room model, inventors need to know how to patent their inventions without infringing on existing patented designs.

There are multiple approaches to designing both steam rooms and saunas which inventors may take. Some inventors are interested in simple conversions of existing facilities, such as a shower room or bathroom, into a new and improved steam room. Additionally, the possibilities of designing a completely independent sauna room are basically limited by only the imagination of the patent seeker. A bit of research is required before taking on the task of patenting a steam or sauna room design. Once the rules of the process are clear, it is up to the designer to follow through and receive final issuance of the patent.

The first step in patenting a design is performing a preliminary search of existing patents. Although the search may be executed by an individual, patent attorneys are skilled in the process of searching the many available databases and are also trained to provide additional advice regarding how to patent the steam room design in question. Next, based upon information available via the Boston area patent office, a steam room patent is attainable for those inventions that are “new, non-obvious and useful” as related to any process, machine, manufacturing article, composition of matter, or improvements thereof. Finally, the inventor must clearly define the design to distinguish it from all other previous patents.

Dental Benefits could Help Retain and Recruit Employees

Monday, May 11th, 2009

Simplyhealth’s Annual Dental Survey shows that while 71% of employers are in favour of companies offering oral health benefits to employees, only 56% companies actually offer this facility. The survey was conducted with over 250 HR Managers and Directors through a research agency hired by Simplyhealth.

The survey also showed that 84% of the HR managers interviewed were of the opinion that employees are not able to afford dental checkups and treatment on their own. The same answer was given by 73% of the respondents last year.

64% of the HR managers, as against 51% in the previous year, said that staff morale can be improved with the introduction of dental health schemes. 56% thought of such benefits as a way to reduce sick leaves and 54% thought that they help in recruitment and retention of employees. Around 40% of the employers who do offer such benefits believe that they facilitate engagement with employees.

Corporate Director at Simplyhealth, James Glover, said that despite the companies being aware of their responsibilities; only 56% actually put such schemes in effect. Of this 56%, half believe that these benefits help reduce absence and 48% are of the opinion that they helps them keep track of the leaves taken against dental problems. This shows that dental help schemes are beneficial to the employers as well, he said.

Mr. Glover pointed towards the major obstructions in offering dental benefits like the cost and complexities involved, but urged that as access to good dental care is difficult for the employees, companies should ensure the provision of these mutually beneficial schemes.

Contact the experts at Workplace Law Training to find out about their range of accredited CPP training courses which can assist companies in training staff to be aware of the proper HR procedures for all kinds of workplace situations.

Water in the Office Please

Thursday, April 30th, 2009

A water cooler is one of the most vital accessories in any office. It is important for staff to have regular access to drinking water for numerous reasons. On top of that, it is illegal for this access to be prevented in any way. The water cooler not only provides a meeting place from colleagues around which many a productive discussion or debate can take place, it also gives people the opportunity to regularly stretch their legs, thus prohibiting the possibility of any illnesses or injuries occurring due to remaining in a fixed position for the duration of the day. A lack of water can also drastically effect levels of performance in staff. Dehydration reduces the length concentration spans, sometimes by as much as sixty or seventy percent, it also causes fatigue, again which hinders performance, slowing down the brains reaction times. Sustained periods of dehydration can also have more serious effects. The immune system cannot work to its optimum levels, so colds and flu come around more often, ad symptoms last considerably longer. It is in employers’ best interests to water their staff so that the number of sick days taken every year is reduced, causing a smaller loss of money for the company.

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Thursday, March 19th, 2009

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The Father Of Virtual Real Estate Investing Comments On His Industry

Tuesday, January 6th, 2009

Virtual Real Estate Investing” is a relatively new concept. There are many variations on what this term means, encompassing everything from using the internet to aid in real estate investing efforts to participating in online games such as SecondLife.

To find out the real story, I had a conversation with Bryan Ellis of BryanEllis.com, widely considered to be one of the originators of the concept of Virtual Real Estate Investing.

Ellis says he adopted the term “virtual real estate investing” sometime before Y2K after he realized that making money online is conceptually very similar to making money with physical real estate.

An example of the similar nature of “virtual” and “physical” real estate Bryan Ellis likes to point out is the methods of making a profit from domain names compared to physical real estate. He points out that control of a domain name or even a specific web page is much like controlling a real estate property ” those assets can be monetized in similar ways: By selling them for a profit, by leasing them, by offering advertising, etc.

The similarities really are obvious. Consider: A valuable piece of real estate is valuable largely due to the interest that other people have in that specific location. Similarly, ownership of a desirable domain name is valuable for the same reasons. In either case, you could sell or lease the asset and turn it into cash.

In our next installment of this series on virtual real estate investing, Bryan Ellis will share the internet analogies to the physical concept of real estate development.

We Finally Decided on a Leather Sofa

Sunday, October 26th, 2008

We decided that we wanted to get some new furniture this year instead of going on the big vacation that we usually take in the Summer. Our kids didn’t mind much at all since they both wanted to get new bedroom furnishings too. We decided on a leather sofa and love seat group for the living room and we got some gorgeous tables to go in there too. I know that my daughter has already picked her new furniture, I think that my son is still looking though. I know that they both like the big screen TV that we got for the den however.I really like to shop, so when my husband gave me the go ahead to get some new living room furniture I was so excited. It didn’t take me long to find the sofa that I wanted and it didn’t take long for us to receive it either. The new leather sleeper sofa that I bought looks just perfect in our living room and the matching love seat and chair looks just as nice. The reason I got a sleeper sofa is because we often have company and we only have one guest bedroom. So I thought that a sleeper sofa would be best.

Norman Steisel Has Spruced up a Bureaucracy and a City

Monday, July 21st, 2008

Norman Steisel, who served New York City as Sanitation Commissioner and as Deputy Mayor has the reputation as one of the first professional managers to bring modern management techniques to city government.

In recent years, Norman Steisel has been working in the private sector; presently he is an executive with the Philadelphia Stock Exchange.

However, it was the hardscrabble world of city government that Norman Steisel made his reputation, as a tough be fair manager who always got results.

For some excellent background on the career of Norman Steisel in NYC government see the article by Deirdre Carmody in the February 9 issue of the New York Times.

In this article Deirde Carmody provides several dramatic examples of Norman Steisel’s effective management methods.

This quote, from a researcher at Columbia Business School was contained in the article:

“Here was a department (Sanitation) that was operating with 19th century methods-it really hadn’t changed the way it operated in decades and decades, both in its daily procedures in the field and in its bureaucratic procedures in headquarters,” said John Kaiser, a senior research associate at the Columbia University Business School. Mr. Kaiser wrote the chapter in the Sanitation Department for “Setting Municipal Priorities in 1986,” the annual analysis on the New York City government by two professors, Charles Brecher and Raymond D. Horton.”

Mr. Kaiser pointed out that when Norman Steisel came to the Sanitation Department it had high absenteeism, and a high injury rate.

Under Norman Steisel’s leadership the Sanitation Department was rejuvenated and reorganized.

When Norman Steisel was appointed commissioner, he brought with him training as a chemical engineer and systems analyst as well respect for modern management practices. He took an innovative approach to his job and one of the first things he did was to send some of his subordinates to Harvard Business School, an extremely unusual and controversial decision.

Better management, under Commissioner Norman Steisel, paid off big for the city. Productivity and morale soared and NYC saved millions of dollars.

10 Ways To Maintain Profits In A Slow Economy

Monday, July 7th, 2008

1. Sell more back end products to your existing
customer base. You already created rapport, trust
and proved your credibility to them.

2. Make it a practice to up sell to new and existing
customers. After they decide to buy one product,
offer them another product.

3. Cross promote your products and services with
other businesses that aren’t competition. You will
reach a wider audience at less cost.

4. Create joint venture deals with other businesses.
You can expand your product line and target other
profitable markets at a lower cost.

5. Start an affiliate program for your business. You
will be able to spend less profits on risk advertising
and spend more money on guaranteed sales.

6. Trade advertising with other businesses to save
revenue. You could trade e-zine ads, banners ads,
links, print ads, etc.

7. Out source part of your workload. This can save
on employee costs, equipment costs, taxation costs,
expansion costs, etc.

8. Add low cost bonuses to your offer that have a
high perceived value. It could be ebooks, members
only sites, consulting, e-reports, etc.

9. Use viral marketing to promote your business on
the internet. Give away free stuff with your ad copy
include on it so others can give it away.

10. Follow up with all your prospects. You can use
a free e-zine, a follow-up autoresponder, an update
or reminder list, etc.

About the author:

Rojo Sunsen is a specialized bounty hunter who prefers to work quietly/confidentially for the benefit of her clients.