Business and Money Tips

Talk about Productivity and many equate it to be 'better, faster and cheaper'.  Some think of getting new and advanced machines to replace manpower, others say productivity is about getting the government's Productivity and Innovation Credit (PIC) money to improve productivity.  (To read more on the latest curbs and abuse of PIC, click here ). Many trainers advocate training your staff while at Asia Trainers we opined that training bosses and managers are more important than training staff.  To the businessman, productivity is about E ver More with Ever Less.  This means getting more output with ever lesser input.  This must be the most apt definition and I shall use this in this article.  To have more output is easy, just lower your selling price and your sales would increase and you will have a quantum leap in productivity.  But without profit margins there is no productivity.  Thus the element of profit or residual value is important.   But how we distribute thi

5,000 years ago, without computers and machines, how did the ancient Egyptians built hundreds of massive hundreds pyramids in the African desert?  Did they use half a million workers to build just one pyramid over 20 years?   Now physicists at the University of Amsterdam have found the answer.  They investigated the forces needed to pull weighty objects on a giant sled over desert sand, and discovered that dampening the sand in front of the primitive device reduces friction on the sled, making it easier to operate.  Adding water to the sand, however, increased its stiffness, and the sleds were able to glide more easily across the surface. This is because droplets of water create bridges between the grains of sand, which helps them stick together, the scientists said. It is also the same reason why using wet sand to build a sandcastle is easier than using dry sand. But, there is a delicate balance, the researchers found. "If you use dry sand, it won't work as well, but

The biggest mistake in business must be to think that one plus one is two. Imagine you have 2 salespersons selling $2 million, when you hire a new salesperson, your sales cannot be $3 million, it must be higher or something is wrong.  You must achieve this thing called LEVERAGE, or SYNERGY or ever more with ever less .  Here are 7 reasons why one plus one is never two in sales: Just 1 sales idea implemented will produce  sales far more than the course fee (as we now have PIC 60% subsidy for training) Stimulated Environment , especially when you have a high flying salesperson, your entire sales team will be motivated to achieve more than ever Splash in the Market , when you do aggressive sales and marketing activities, the entire market will wake up to your offer and your sales will just have to go up Referrals from customers , when you get 5 new customers, even if you get one new referred customer from them, your customer base will expand by 20% Teamw