The primary sources of funds for small business start-ups are personal funds, friends and relatives, NGOs or private investors, banks, government agencies and programs, and venture capital.
You may have considered the prospect of starting your own business many times before. The thought of being your own boss – calling the shots, being responsible for your own financial rewards – is very alluring. You may have had the drive, the experience, and the financial resources necessary to succeed. The only thing stopping you were figuring out what type of business you should start.
Exercise Your Brain Just like you workout to build and strengthen your muscles, your brain, too, requires proper exercises to sharpen itself. Often, it is assumed to be a useless body part, but this is not true. As such, whenever you are engaging yourself in some activities, you are exercising your brain. Consider practicing activities, such as puzzles, crafts, reading, painting, gardening, and other recreational activities that will refresh and rejuvenate you and your mind, in particular. Read Quality Books Most of us love reading. But we often end up reading fiction, suspense, or romantic books. However, these books do not mentally stimulate us. So, if you really want to improve your thinking and writing skills, pick up books that force you to really focus. Read a classic novel that changes your perspective towards this world and exposes you to precise, elegant English. Do not feel shy to pick up new words and find their meanings. This, in turn, will make you smarter with a more comprehensive vocabulary. Make reading fun as well as useful. Avoid The Idiot Box What do we do after a long tiring working day? Pick up a bag of chips and a can of cola only to land up in front of the television. Though there is no problem with refreshing yourself while watching a reality or a talk show, it doesn't really put your mental capacity into use. Further, watching television continuously does not relax you, instead, it exhausts you. Hence, pick up a book or magazine when you want to relax. Or, switch off the idiot box when you have friends or acquaintances around and indulge in a conversation instead. Learn A Foreign Language Researches indicate that learning an unknown foreign language boosts brain power. Quite smart, indeed, right! Learning and understanding the foreign culture through the language induces your brain to implement its muscles. Identify Your Qualities All of us have had our share of several idols and dream jobs during childhood. A scientist, a social worker, an airhostess, a 40-wheel lorry driver, an astronaut, or even a rock star! But, in reality, how many of us are really able to convert our childhood dreams into a reality? Probably, just one out of hundred. That's because to move onto their paths, we need to understand the values, commitment, and endless efforts to meet the requirements and achieve our goals. However, this should not be mixed with our idols. For if we try to imitate our idols, we will only land up making a fool out of ourselves and not creating a niche amongst the rest. Hence, it is important to identify your qualities and be yourself rather than being others.
Planning means looking ahead and checking out future course of action to be followed. It is a preparatory step. Planning is a detailed programme regarding future course of action. It determines on when, how and who is going to perform a specific task
A story is told about a young Thomas Edison who came home one day with a paper for his mother.
(i) supplying of inputs needed for farming and
(ii) Marketing of the products grown from farm.
20 THINGS TO DO AND NOT TO DO AT MASS
A man 4gets to zip up his trousers , so a lady tells him politely, sir ur garage is open. The man gave her a naughty smile as he zips up and asks, Did u see my BLACK RANGE ROVER SPORT parked inside? . The lady smiles back and says no just one small Toyota vitz with two Flat tyres‚ --Pls dont laugh alone send to ur gud naughty friends….
1. ON EARNING:
Never depend on single income. Make investment to
create a second chance.
2. ON SPENDING:
If you buy things you do not need, soon you will have to sell things you need.
3. ON SAVINGS:
Do not save what is left after spending, but spend what is left after saving.
4. ON TAKING RISK:
Never test the depth of a river with both feet.
5. ON INVESTMENT:
Do not put all eggs in one basket.
6. ON EXPECTATIONS:
Honesty is a very expensive gift. Do not expect it from cheap people.
7. Past is a waste paper, present is a newspaper, and future is a question paper. Come out of your past, control the present, and secure the future.
8. When bad things happen in your life, you have three choices. You can either let it define you, let it destroy you or you can let it strengthen you.
9. Our eyes are in the front because it is more
important to look ahead than to look backwards.
10. We use pencil when we were young, but now we use pens. Do you know why? Because mistakes in childhood can easily be erased, unlike now. So read and write carefully, otherwise, life will be a
Set Goals First list down all the goals that you want to accomplish. If you are not sure what you want in life, you are just bound to receive the unexpected. Nevertheless, bear in mind that goals should always be sensible and should be accomplishable. Setting unrealistic goals are of no use. Write the most important goals at the top of the list and number them accordingly. This will help you to focus more precisely. You can strike off each goal once it is accomplished. Writing down your goals will also help you to realize your priorities. Develop Strategies To Achieve Goals Once you have listed your goals, you need to evaluate and develop strategies to complete your goals. For example, if your goal is to shed some extra pounds, your broad strategy should be dieting and exercises. Nothing can be achieved straightforwardly in life. So, you need a particular strategy and dedication to pull off your goals. Have Definite Action Plans Once your broad line of attack is determined, work on your definite action plans. For instance, if dieting and exercising are your broad strategies to your weight loss goal, then your action plan should consist of a healthy diet chart; a healthy way of life, and an appropriate workout routine. Believe In Yourself If you want to accomplish your goals and become successful in life, you have to believe in yourself. All successful men and women today are doing well because they believed in themselves and were confident about their capabilities. If you believe in yourself, then you can accomplish the goals you have set for yourself. Review Your Progress Make sure you are making progress. Review your progress every week to analyze how far you have reached in accomplishing your goals. If you find you are lagging behind, hire a coach, look for help from family and friends, and above all, try to recognize why your goal is not being met. Find a solution to accomplish your goal. Be Self Motivated Self motivation is a must to achieve goals and success in life. Motivational books and CDs are great ways to keep you motivated and will help you to stay focused towards your goals. The more self motivated you are, the easier it is to work towards your objectives.
Pick a valid subject of concentration. If there is no passion or plausible motivation, then your task of concentrating is going to be one hell of a challenge! Remember how you used to do the laundry or mow the lawn so half heartedly and the outcome was a disaster? Analogously, you cannot ace your mathematics test if you resent it and hence if you fail to concentrate, you will also fail the test! The Five More Rule is a technique that has certainly helped many individuals who invariably fall short of concentration. You set a target to finish a fixed amount of work or studying. However, ten minutes later, you are already tempted to step out for a smoke or check the football game score. Block all lures and enticements to immerse your heart and mind into achieving your goals. Solve five more math problems or dedicate five more minutes to a chapter of history, or else face guilt when you indulge in play. To your delight, five minutes is all it takes to engross you to such an extent that you forfeit your break! Stretch your attention span and build mental endurance! If you are convinced you have the world's lowest attention span, here's an interesting exercise. Walk into a movie theater and catch up on a random gripping action or drama film. Thirty minutes into the movie, shift your gaze from the screen and look around. What do you see? Probably a hundred riveted faces. If you stare long enough, you will notice how rarely they blink. Only a false alarm of a fire breakout could distract them! Observe the audiences and learn the art of concentration as they stay still scene after scene. To encourage your strong desire to maintain concentration, eliminate stumbling blocks such as multi-tasking, blaring radios or TV sets and flashing multi-colored lights.