Edmond masjedi
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Edmond Masjedi has many years of experience in the field of business. He has developed many businesses from the ground up and found success with those businesses.
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- There are various types of business entities including sole proprietorships, partnerships, private and public limited companies, and statutory corporations.
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Ajoy K Guha is an expert in receivables management who has authored several books on the topic. He has over 30 years of experience working in management roles across multiple industries in India and the Middle East. Some of his books, such as "Cash before you Crash" and "Effective Credit Management", provide guidance on collecting payments from customers while maintaining relationships. Guha also runs workshops for companies to help improve their receivables management practices and increase cash flow.
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Business involves the legal production, purchase, and sale of goods and services to earn a profit. It aims to create utility and fulfill societal needs. Key business functions include planning, production, purchasing raw materials, sales, insurance, market research, grading/standardization, advertising, and publicity. Businesses are economically and socially important by properly utilizing resources, encouraging savings and development, supplying goods/services, creating jobs, and improving standards of living. While early civilizations engaged in business for livelihood, it differs from an occupation in that special training/knowledge and membership in a professional organization are not required for business. The main objective of business is earning money/profit, unlike occupations which aim to provide services. Therefore, business
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The document discusses entrepreneurship and business models. It defines an entrepreneur as someone who introduces new methods or ideas to society and defines a businessman as someone who creates a business but may not introduce innovations. It outlines the basic modules of business as the idea, business plan, and marketing. It describes small, large, and elaborate scales of industry and how businesses grow from small to large scale. It emphasizes the importance of future decision making, adapting to new technologies, and specializing products to compete and succeed in business.
EntrepreneurShip
The document provides information on running a business successfully, including:
- Key topics that will be covered are the meaning and definition of business, factors for business success, how to run a business, and tips for a successful business.
- Some of the most important factors that can impact business success are market demand, building the right team, leadership preparation, networking, competitive analysis, pricing strategy, and long-term goals.
- To run a business well requires skills like great marketing, drafting a clear business plan, innovating, developing a strong company culture, focusing on financial goals, refining processes, using the right tools, and having a support system. Maintaining organization, records, creativity, focus,
Consumer need or profit of company
The document discusses the importance of customer orientation for business success and profitability. It states that solving customer needs is essential for business as it leads to more customers and profits. More profits allow businesses to create better products and build their market reputation. The document contrasts a customer-oriented company with a profit-oriented company. A customer-oriented company seeks customer feedback, undertakes marketing research to understand customer needs, and views marketing spending as a long-term investment. In contrast, a profit-oriented company prioritizes its own convenience, designs products based on its own strengths, and spends on marketing mostly to keep up with competitors. The document emphasizes that customer orientation leads to mutual satisfaction between the business and customer and supports long-term
THE EFFECT OF MARKET ORIENTATION ON BUSINESS PROFITABILITY
This document discusses the effects of market orientation on business profitability. It defines key terms like market, marketing, and market orientation. Market orientation focuses on identifying and meeting customer needs. Key elements of market orientation that help increase profitability are targeting the right customer segments, developing strong customer relationships, having an effective marketing team, and focusing on business profits. While market orientation can predict customer changes and increase gains, it also involves high costs that may not be suitable for all businesses. Overall, the document concludes that a market orientation approach is positively related to and helps increase long-term business profitability.
Free Chapter : Entrepreneur to Market Creator
Hi Friends,
Happy to share one chapter of my latest book, Entrepreneur to Market Creator.
All of our lives we have been taught business is all about understanding customer pain points and creating products or services to solve them.
I think otherwise! Business is all about creating MARKETS!
Business is all about going beyond the needs/gaps and creating something which the customer wouldn't have imagined.
Henry Ford had said, "If I had asked people what they wanted, they would have said faster horses."
When you create markets, they remain loyal to you. It's very difficult for your competitors to copy & paste your approach.
When you create markets, you don't belong to markets, but markets belong to you.
Just think about it!
Please read the chapter and share your feedback. Look forward to hearing from you.
Happy Reading!
Entrepreneurship
Educaterer India is an unique combination of passion driven into a hobby which makes an awesome profession. We carve the lives of enthusiastic candidates to a perfect professional who can impress upon the mindsets of the industry, while following the established traditions, can dare to set new standards to follow. We don't want you to be the part of the crowd, rather we like to make you the reason of the crowd.
Today's Effort For A Better Tomorrow
Study and Anaysis of Small Buisness
This document provides an analysis of branding practices for small businesses. It defines branding and discusses its objectives such as differentiating products and establishing credibility. Small businesses face challenges like lack of financing and marketing support. Their branding differs from large companies in focusing on digital strategies like websites, SEO, social media and word-of-mouth. The document uses the example of Nainital Momos, a small food business that grew from a street cart to a restaurant chain through effective branding techniques.
Shared Value Inc.
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English 3
This document discusses seven key factors to consider before starting a new business: 1) assessing market demand and conducting market research; 2) preparing sufficient financial capital; 3) gaining relevant knowledge and expertise; 4) understanding competition; 5) choosing an optimal location; 6) complying with laws and regulations; and 7) acquiring adequate human resources. Conducting proper planning in these seven areas is important for setting up a new business venture that has the greatest chances of success.
Challenges faced by entrepreneur
Entrepreneurs face many challenges including finding the right business location, hiring good employees, assembling an effective business team, raising startup capital, dealing with competition, keeping up with industry changes and trends, avoiding depression or anxiety, not overestimating chances of success, and maintaining proper focus. Some of the key challenges are finding a suitable business location, hiring trustworthy employees, convincing investors to provide startup funding, and adapting to shifting market trends and competition.
MY-REPORT-IN-ENTERPRENUERSHIP-OBINA (2).pptx
Entrepreneurs provide innovative solutions to meet market needs by generating unique business ideas. They consider key elements like target customers, product or service, and company name when creating a value proposition. Maintaining accurate records of financial data like revenues, costs, and transactions is important for measuring business performance and protecting the business. Conducting market research through interviews and data collection helps entrepreneurs understand customer requirements, market size, and opportunities.
Amherst Madison Real Estate - An Overview of Success
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Amherst Madison’s unique business model and systems are based on a core belief that we are here to support our agents. We are devoted to providing a “world-class” branding platform, superior productivity tools, and a supportive culture centered on personal advancement. The modern real estate landscape has made what we offer more relevant than ever before. We operate in a full-service environment (with transaction and marketing support) yet our commission model is commensurate with transaction-fee companies making us an unparallelled value proposition.
Intro to entrepereneurs prsntation
The document provides an introduction to entrepreneurship, defining entrepreneurs as individuals who start businesses and assume financial risk. It outlines basic requirements like mastering negotiation, being customer-focused, building a team, and investing in yourself. Risks include poor financial controls and competition on price. The entrepreneurial process is described as coming up with an idea, creating a business plan, getting investors, selling the product or service, and networking with other entrepreneurs. In summary, the document defines entrepreneurship and outlines the key steps and considerations in starting a new business.
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Edmond masjedi
- 2. Edmond Masjedi has worked in the business sector for past many years. He has developed businesses in various fields and guided those businesses towards great success. As an entrepreneur, he believes in working in different fields and balancing each business with another. Edmond Masjedi believes that modern entrepreneurs should work on businesses that have impact in several areas.
- 3. The basic idea, according to Edmond Masjedi is that entrepreneurs should focus more on creating products that have a value for customers. By aiming to create a great product or service that makes life easier for customers, entrepreneurs will be able to ask for any price and their customers would actually feel joy in paying for the product or service. The question then arises, how to find those products or services that people would love to pay for.
- 4. Edmond mentions that market research is of prime importance for finding the products and services that people need and want. By surveying different segments of the customer market, entrepreneurs can learn the preferences of their targeted customers and then work to meet those demands. The whole idea of doing business should be based on making the life of the consumers easier instead of putting the profit motive as the prime concern in the business.
- 5. While building a better business would always be a challenge for new entrepreneurs, proper planning backed up by resolve and the right set of skills will help them in breaking new grounds in the business world. The most important thing here, according to Edmond Masjedi, is to have a never-say-die attitude and a belief in the product or service that the business is offering. If one plans it right, any business can be a successful venture and one can earn great profits.
- 6. Thank You!