BizTalk and the E-Commerce Revolution

E-commerce is a constantly changing field with trends that go in and out of style. Staying abreast of these changes ensures that your e-commerce website provides the proper services needed to keep up and overpower the competition. Optimize your website and user experience to ensure the best possible purchasing experience.

1. Social Media: While social media has traditionally been seen as the “be all and end all” for an e-commerce site, the “like” has lost some traction with businesses. It is no longer the most important aspect of an e-commerce website, but having lots of fans still instills customer confidence.

2. Customer Reviews: Testimonials and reviews have always been an important part of the online shopping experience. Customers are getting smarter and starting to learn how to differentiate between fake and real reviews. Allow customers to comment using social media and methods that offer a level of identity verification. Don’t cut the negative reviews either, instead, respond to the review online to show that the company cares about satisfying its customers.

3. Purchasing Options: E-commerce sites are moving more toward combining brick-and-mortar and online purchasing. Stores that can combine the online experience with the traditional benefits of a physical location will see increased sales and profits.

4. Conversion Marketing: Constantly testing product purchase pathways and finding the best website design to guide the customer from first introduction to final purchase is essential to a successful e-commerce website. Using analytic tools and other site-monitoring tools provides users with an enhanced website experience and results in more profits.

5. Mobile Ordering: Ordering via a mobile phone has become more and more common. For mobile shops to work, display products in a way that makes navigation easy and fast. Mobile phones are generally slower than regular computer connections, so website owners should concentrate on finding ways to create mobile apps and programming that provides a fast and easy shopping experience.

6. Tablet PCs: Tablet PCs are becoming more popular and are expected to increase e-commerce sales. Offering the ability for customers to download an application for your store and keeping in mind tablet users when designing the website improves the its overall effectiveness. Payl8r

7. Video: Search engines are placing an increasing emphasis on websites that produce video content. One only has to complete a web search to see that many now include a few videos at the top of the results. Creating instructional videos and product explanations using video is a growing trend in e-commerce.

8. Service: Never underestimate the power of quality customer service. When pricing and ease of ordering is the same across the board for several websites, you must find other ways to differentiate your services. The trend toward providing customers with personal attention and service is growing rapidly.

9. Upscale Websites: Luxury retailers must find ways to move to the web while continuing to create an image of superiority. Accomplish this through exclusive offers for the highest paying customers, free expedited service for those who spend over a certain amount, and the ability to offer unmatched support and help with products.

10. Image Quality: Image quality has become increasingly important. Websites used to use lower quality images to save bandwidth. Now, a website must have high-definition versions of each product so that customers can easily scrutinize an item before purchasing online.

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E-commerce Adoption in the Developing Nations Part 3 – E-commerce Readiness in the Developing Nation

Because of the reason that E-commerce needs basic facilities to run, in order to adopt it in the developing nations their E-readiness should be assessed first. Most of the developing nations have low E-readiness. There is limited Internet access, poor telecommunications facilities, inconvenient policy and legal environment, insufficient e-banking and payment infrastructure and lack of online culture. These issues should be addressed first in order to create conducive environment for E-commerce to run.

Following are basic e-readiness areas which should be set for the adoption of E-commerce in the nations.

1. As Internet is one of the basic facilities for Electronic commerce, affordable access of the Internet should be facilitated. This opens the society a door to explore what is in the world and see business opportunities and adopt the practice of E-commerce. Pay In Installments

2. E-commerce awareness should be raised among entrepreneurs, enterprises and the society as a whole. If these people know how E-commerce benefits their business and nation as a whole, no doubt that they will adopt the technology and practice it.

3. Raising online buying and selling habits of the society is another issue which should be set for the adoption of E-commerce. People in the developing nations do business in a face to face basis. Therefore, the idea of buying a product or service online, from someone they do not see in face is a big move to make. They raise trust issues. Thus, this online business habit should be well addressed first to create a workable environment for E-commerce.

4. Telecommunications, payment and Logistics infrastructures are among the basic facilities E-commerce needs to run. Almost no E-commerce transaction is carried out without a secured online payment system. Telecommunications and Logistics infrastructures are also the bases of Electronic way of doing business. Thus, these facilities should be set first for the complete operation of E-commerce.

5. The high price associated with computers is another issue of E-commerce in these nations. Thus, affordable access of computers should be facilitated.

6. In most of the developing nations E-commerce policy and legal issues are not addressed well enough. Without E-commerce policy and law it is almost impossible to run an Electronic business. Thus, convenient policy and legal conditions should be addressed primarily in the adoption process of E-commerce.

 

Is Responsive Design Based E-Commerce Site Need Of The Hour?

Mobile commerce is an inevitable reality considering the smartphone penetration in the market today. Web access through mobile traffic will exceed the desktop traffic in less than a year from now. When that is how fast the mobile market is growing, mobile commerce is definitely a channel to tap into for retailers. What better way to get headway into that channel than considering responsive design for your e-commerce site. What more, the responsive design gives a headway to tap the tablet market also without any extra effort.

To answer the question of whether a responsive design based e-commerce site is the need of the hour, it is a yes and a no. Not having one is not a show stopper yet. But having one can significantly boost sales. Here are four good reasons why you should consider Responsive design right away.

Amazon: A Billion $ in sales through m-commerce.

Amazon is a good representative of anything e-commerce. They reported a Billion dollar sales in m-commerce alone last year which is definitely a strong indicator of the rising trend of mobile commerce. The mobile trend was once limited to casual browsing. Now we see that translating to serious business transactions. With PayPal and other payment gateways optimizing their services for mobile, this is the right time to have a jump-start in that direction.

Mobile research of products while watching TV

One of the most known ways among consumers to research products while watching TV is by browsing on the phone or a tablet. If you have a m-commerce powered site, this can translate to immediate business. Else, there is a huge a lag between the time the consumer views the ad and remembers to view your site to actually review the product. This lag can actually result in a lost sale. With a responsive design, you will be offering a seamless experience for your customers to browse your product catalogs and make a buy as well.

40% of people access Facebook from their phones Buy Now Pay Later

Facebook is one of the biggest ad channels for e-commerce. Every retailer is spending huge bucks on Facebook ads to reach prospective customers. When so much resource is pumped into that channel and 40% of the traffic accesses the channel through mobile, it is only wise to make an investment into making the site optimal for mobile and other devices.

Mobile commerce predicted to grow at 39% every year

Mobile commerce is predicted to grow at at-least 39% year on year till 2016. What this means for retailers is that, just by having a mobile site, they boost their sales. One may even argue that by lacking a mobile site, retailers may lose business. 39% is a significant number that can’t be ignored. There are more smartphones sold in a day in the US than there are babies born which quite explains the huge growth numbers.

Building Responsive designs

Though much bigger companies are looking at building native apps for their commerce sites, now, it is definitely more practical to build a site with responsive design. This strategy takes care of various devices and screen sizes without the need to invest much about developer resources. Responsive designs not only cover mobiles, but also tablets and other devices that are widely used. The Information architecture and content structure has to be redone to make your design responsive. If you use any of the e-commerce platforms like Magento, you have the option of buying responsive themes off the shelf that works like a magic across devices.

 

Creating Websites Like E-Commerce Sites

You might want to create a website of your own, with a common example being a business or e-commerce website. E-commerce stands for electronic commerce, and refers to Internet sites that buy or sell products or services directly, including both physical products and services and virtual products and services. Exchanging financial data is also an important part of e-commerce in the context of online payments. E-mail and mobile phones are also often involved with e-commerce.

Aspects of E-commerce

E-commerce is made possible via electronic funds transfer, online transaction processing, electronic data interchange, automated data collection systems, inventory management systems, supply chain management and Internet marketing. Most commercial entities are at least somewhat involved in e-commerce today.

E-commerce Applications

E-commerce transactions tend to be either business to business or business to consumer. There are many common e-commerce applications. These include supply chain and logistics document automation, enterprise content management, group or collective buying, domestic and international payment systems, instant messaging, newsgroups and automated online assistants.

More on E-commerce

Other aspects of e-commerce include online banking, online shopping, online order tracking, online office suites, teleconferencing, online tickets and shopping cart software. Some aspects of e-commerce tend to be regulated by governments. These often include online advertising, commercial e-mails and consumer privacy.

E-commerce Distribution

Some e-commerce practitioners exist only over the Internet, with an e-commerce website and perhaps other websites but not physical storefront or location. There are also more traditional commercial entities with storefronts or physical locations that also have a web presence that include an e-commerce website both for direct sales and for drawing more business to physical storefronts.

Making E-commerce Websites

Professional web designers can create e-commerce sites, but amateurs and laymen can use such applications as website builder tools, website design software and e-commerce software to do so as well. The best e-commerce sites are often simple and efficient in design, and it is generally not difficult to plan, build, launch and maintain an e-commerce website given the appropriate tools.

E-commerce and E-business

E-commerce is a subset of e-business, which is business conducted more efficiently with the use of information technologies. Internally within a business this can mean customer relationship management, human resources management, content management, enterprise resource planning, document management systems and communications systems such as digital audio, voice mail, e-mail, web conferencing and digital work flows.

Examples of E-commerce Products and Services Buy Now Pay Later No Credit Check

Software, electronic books and streaming media are some examples of online goods and services. E-commerce retail services can include travel, banking, food ordering, online pharmacy, online flower delivery and DVD-by-mail. Examples of mobile commerce include banking, ticketing and payment services. Some e-commerce marketplace services include advertising, auctions, online wallets, trading communities, price comparison services and social commerce.

 

10 Benefits Of Being An Entrepreneur

1. Being in control:

The best thing about an entrepreneur is that he is in absolute control of his life. He does not have to report to anybody. He can take a vacation any time he feels he needs one. He gets to decide what can happen in his venture. Best of all, nobody can fire him. It totally rocks to be your own boss and to create your own destiny.

2. Work becomes Fun:

Now, most people who work in 9 to 5 jobs always get exhausted at the end of the day and they dread the morning of the next day. Especially, after the weekends. Some call them “Monday Morning Blues”. Now, an entrepreneur works 24/7 and thus puts all of his energy into his work. By working this hard, he enjoys whatever he does and because of this, whatever venture he puts his effort into, will eventually turn out to be a great success. Work is what one is obliged to do while fun consists of what one is not obliged to do. (From Tom Sawyer-Mark Twain.) So now the equation is WORK=FUN.

3. Free from Boredom:

Arthur Schopenhauer, the great German thinker and philosopher says that there are two kinds of misery. One is the misery of the working class another is the ennui of the born-rich, the fashionable society.

Misery of the working class: Because these people are busy generating wealth for others, the only thing they crave for everyday is REST. They wish to enjoy life to its limits but they can’t. They are constrained by their work.

Misery of the fashionable society: Now, these are the few individuals most people desire to become. It really is a wonderful thing to be rich and do all the things that a typical “working class” person dreams of doing. Now let us look from a celebrities’ perspective. Because these “filthy rich” people get to do any thing they desire, they actually come to a state where, nothing much else gives them a “high”. Parties sound like fun and having physical pleasures very tempting. Now imagine doing the same things over and over again in a dull monotony. Then you come to a state of “ennui”, a state of absolute boredom. The other end where the “pendulum” of life swings to, according to Schopenhauer. So, to stimulate their senses further than that which is natural, the typical celebrity resorts to drugs, which is just the beginning of a complete destruction for them.

Now, an entrepreneur, though gets to be really rich, is not in this primarily for enjoying the pleasures of the rich. Getting to execute his ideas is what satisfies him. For a true entrepreneur, work is not a means to an end. It is an end in itself. The process is as rewarding to him as is the end product. Because an entrepreneur is consumed by his desire to work hard, he gets really no time to engage in trivialities of everyday life. Now, how can he get bored?

4. Better relations with other people:

Because an entrepreneur is very busy, he will have very little time for others. Because of this, he will not become “Over Familiar” with others, which is the root cause for finding faults in others resulting in mischievous gossips. He will have only contact with people of his own caliber and usually this kind of friendship lasts for life.

For example, take George Washington Carver, the great American scientist. He was self educated and was the man behind peanut butter. It was he who discovered natures secrets by the hundreds. He singlehandedly changed the course of many agriculture based industries through his hard work and dedication. And the more familiar Henry Ford. These two great men who worked hard all their life, forged a great relationship and were there for each other till the end. Or take the case of Bill Gates and Warren Buffet. Bill Gates thought he had nothing in common with Warren Buffet who was an Investor.Bill Gates had scheduled his meeting only for half hour. But when Gates met him, the meeting lasted for Ten Hours! Such is the power of those who work hard on their own free sweet will!

5. Self Confidence:

Because an entrepreneur trusts in himself more than anything else, it unlocks the Giant that is present within himself. Coupled with the tremendous effort that goes with the task of getting an enterprise up and running, an entrepreneur is sure of success. This success breeds more success which in return instills greater faith in himself. After all, who does not wish to be self confident.

6. Giving back to the Society:

It is truly a great privilege to be given an opportunity to give back to the society. Entrepreneurs create wealth and job opportunities for others. This way, many lives are touched and changed for the better. By giving back to the society an entrepreneur experiences a sense of meaning and purpose in his life, which others, merely by accumulating wealth will never get to feel. Money to a real entrepreneur is merely a tool and never an end in itself.

7. Free from wants:

A passionate entrepreneur will not have the desire for any thing material because he has so little time for frivolities. Because he is completely immersed in his work, he is satisfied with whatever physical comforts he already has.

8. Being original and true to oneself:

Most people do things to please others. They do not have any thoughts of their own. Instead, they live the lives that others dream up for them. They want to please their children or friends or their parents and sincerely do what is expected of them to do. They live double lives all the time. Doing things they don’t want to do, talking stuff they don’t believe in just so as to fall in line with others. As the saying goes, “No man is an island unto himself”. Entrepreneurs however are a rare breed. They do exactly what they want and say precisely what they believe in. You may criticize them, show them their defects or mock at them, but the one thing you cannot do is influence them. Entrepreneurs are whole souled beings who think their own thoughts and live their own lives. Thus they are not split in their minds between their inner and outer lives. Miki Agrawal

9. Enjoying time-out:

An entrepreneur will in all likelihood enjoy every second of the time they spend outside of their work. Events like movies, trekking or simply chatting with friends become very special because of the little time they get. They understand that they might not get an opportunity for indulging in these activities frequently and so enjoy every moment of it.

10. The Exhilaration of Success:

Very few get to experience the sweet taste of success. An entrepreneur accepts the challenges, works hard to overcome them and when victory results, he savors the moment. Even when he fails in the beginning, he does not lower his head nor does he give up because he believes in the essence of what Theodore Roosevelt once quoted

“It is not the critic who counts, nor the man who points how the strong man stumbled or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena; whose face is marred by dust and sweat and blood; who strives valiantly, who knows the great enthusiasms, the great devotions, and spends himself in a worthy cause; who, at best, knows the triumph of high achievement; and who, at the worst, if he fails, at least fails while daring greatly, so that his place shall never be with those cold and timid souls who know neither victory nor defeat.”An Entrepreneur is, by his very innate constitution poised only for success.

 

2 Traits of a Persevering Entrepreneur

There are entrepreneurs and there are true entrepreneurs.

In business, the true entrepreneur always has an advanced set of skills that sets him or her apart from the rest. These one-of-a-kind traits make him achieve more than the average businessman and thus he can still manage to do things that he needs to do and could even spare the time to fully experience more of what life has to offer. A true entrepreneur, in a sense, is living a balanced life.

Having the required skill-set that lends to success is a given. The true entrepreneur should likewise possess the requisite characteristics of an entrepreneur, which should include the one trait that could spell the difference between success and failure: Perseverance.

Perseverance is defined as the steadfast pursuit of an objective. It is synonymous to persistence, determination, resolution, firmness, staying power, endurance. A true entrepreneur knows that when he or she is just starting out, there will always be challenges and obstacles that will get in the way to making it big in the business. Thus, it is the persevering entrepreneur that carries on until the end that truly stays in and ahead of the game.

So, what makes for a persevering entrepreneur?

There Are Just Two Things To Remember.

#1. Failure Is Part of the Picture

A true entrepreneur has to fail at first in order for him to succeed.

A true characteristic of an entrepreneur is that you just don’t get it the first time! There will always be trials and errors, hits and misses. Having this mindset will actually shape you to think that there will always be a better way to do things. It’s true that sometimes this may seem like a cliché or a sourgrape lament for failing. Miki Agrawal

But come to think of it, even the first American President Abraham Lincoln had to fail countless times before people realized his greatness. In the field of basketball, Michael Jordan had to endure a number of defeats before he rose up to the title of his “royal airness” and probably one of the best NBA players ever.

What’s similar between Lincoln and Jordan is that they just didn’t give up. They just kept on and on and ceaselessly tried so hard and didn’t lose faith! They looked at failure as an ally, a time-tested friend that shapes them into the perfect versions of themselves. The true entrepreneur knows that all good things come to those who wait. Expected results don’t come in an instant. The true essence of a persevering entrepreneur is knowing that at the right time, success will eventually unfold.

#2. A Sacrifice Is Offered

With the time you will be spending working and the new things you will be learning, everything from start to finish can be considered as a sacrificial offering of yourself especially your time.

You may be needed to shun some social activities that you have been used to in order for you to fuel the need for your business to get going. At times, you will have to be there 24/7 and lose sleep especially in the initial stages of your business. You may even have to shell out more money that you would have expected and couldn’t see profits or rewards immediately.

Here’s one advice a true entrepreneur follows: Take the delay of gratitude test.

In this test, the true entrepreneur knows that the longer he or she delays the great feeling of reaping the rewards, the bigger the rewards will ultimately be.

Failure and sacrifice aren’t really nice-sounding words to remember, is it? But these are just the words that a true entrepreneur knows to be what he should undergo in his quest to success.

 

Essential Traits Of An Entrepreneur

Some of the essential traits are mentioned below:

Self Disciplined – Is a Must to be Successful

One of the important and vital trait of any entrepreneur is to be self disciplined. An entrepreneur must possess the traits of being disciplined all the time. He is a self motivated individual who knows how to accomplish any task. Most of the entrepreneurs have always showed an urgency to complete their tasks well on time and are generally not in a habit to delay or postpone them. They give quick response and are rarely seen dragging their feet.

Attitude – Building Blocks to Success

In any business, to become an entrepreneur, one must have the attitude and the necessary qualities of an entrepreneur. He must carry a positive attitude and outlook towards his business and knows how to respect and treat his people. It is a fact, as not everyone can become an entrepreneur even if they had worked hard for it. Right gesture and attitude will help one grow and earn credibility in the market.

Leadership – Effective Decision Making

Not everyone can possess the qualities of becoming a good leader. However, to be a successful entrepreneur, you ought to possess this quality in yourself. Some people, may think that leaders are born however the truth of the matter is that the traits of becoming a good leader can be very well learnt. You can inculcate good decision-making and leadership qualities so as to turn things for your advantage. Leadership, communication and patience are the skills that develops as you grow in your endeavors. If you are serious in imbibing the traits of an entrepreneur, you will see yourself always improving and learning. Such qualities will help to influence, and guide people so that the business objective is attained and goals are fulfilled. Miki Agrawal

Risk – Do You Have the Appetite For It?

Another important aspect of being an entrepreneur is to have an ability to take risks. The business environment is full of challenges and uncertainties which an entrepreneur needs to manage. After proper evaluations and calculations, certain risks ought to be taken as they will do good to one’s business. An effective entrepreneur, is a person who is a smart risk taker, and the one who knows that he will care and protect his business undertaking in any unforeseen circumstances.

Staying Up to Date

One of the vital quality of an entrepreneur is to understand his business concerns and stay up to date with all the latest technological advancements. They have a thirst for knowledge and they keep themselves upbeat with all the developments happening in and around the business environment. Another important aspect for any entrepreneur is how well he is managing his time. They follow strict schedules and plan all their activities well in time. Needless to mention they never quit under any circumstances. Failure is not their cup of tea and they will keep themselves self motivated all the time.

Street Smart

Another lessons learnt while on our journey is that an entrepreneur need to be smart. One need to be smart enough while dealing with your customers. You ought to be alert and intelligent so as to gain trust and respect of your clients.

 

10 Attributes of Successful Entrepreneurs

Do you ever wonder what it is that makes one entrepreneur very successful and another not? Is it luck, timing, money, connections, intelligence, honesty, dishonesty, attitude or that it is just mean to be for some and not for others? I have put together a list of 10 attributes that are universal for all who wish to be successful entrepreneurs. Successful does not mean being Dale Carnegie, Bill Gates, Donald Trump or Mark Zuckerberg. It means achieving the success you want in your life. This is not my opinion but attributes taken from other lists over the years as well as form the many books I have read that have discussed the keys to success for many successful entrepreneurs.

1. Creative Thought. – It is the creative thought of the entrepreneur that inspires them to go forth and make a difference. For each of us as entrepreneurs, creativity will never be lacking. In fact, too much creativity may be our biggest downfall. Too many times we get caught up in the excitement of the creative idea that we lose focus on the most important task at hand. Creativity is the lifeblood of the entrepreneur. Almost all we have today is because an entrepreneur came up with the an idea for change or betterment to what currently existed.

2. Courage – Despite all the odds we know are against us we go forward with our desire for entrepreneurship. Courage is the knowing the risks that you must face, yet going forward with your desire for your new entrepreneurial venture.

Think of the world with no personal computers. Imagine they do not exist. Let’s say you’ve heard of these things called computers, but they were really for the big secretive companies, government and maybe very, very rich people. Now imagine a guy coming up to you and saying that he was going to invent a computer that would be called the Personal Computer and that in a short time every household would have at least one. How crazy would you think this person is? That is not exactly how it happened but close enough for our discussion here. Because of that crazy idea with all the odds against him Bill Gates had the courage to go forward and today is the second richest man in the world, with a net worth of $56 Billion.

3. Bravery – In the midst of start-up or business growth the entrepreneur does not think of who this is for, why it is worth it or the consequences of failure. They push forward with the fortitude of success. Bravery is different from Courage in terms of action. Bravery is the act of “the fight” and not caring how big the odds are against you. But Bravery exists because of the desire to win and you put it all on the line. Successful entrepreneurs have both courage and bravery. They have the knowing of what is against them and as they enter the ring of battle they put all to the side and focus on success. Their bravery comes from a deeper place, not that just of money but of success for a personal and deep emotional reason. If they do not have a deep emotional connection to the reason for their success their bravery is empty and will not succeed.

4. Confidence – The entrepreneur has a “knowing” that they can achieve their dream. No matter what anyone else says to them. Confidence is not blissful ignorance. Confidence means that after acquiring the research, data and facts needed, knowing that YOU can make it work. A high level of confidence is extremely important because there will be many things that will happen during your pursuit of success that will challenge your belief and of those around you.

Did you know that Colonel Sanders, of Kentucky Fried Chicken, went to 1009 restaurants (which took over 2 years) before he received his first yes. 1009….how many of us would have kept going after 50…100…200…not me. I would have thought I had a bad idea and gone back to rethink. Not him. He had confidence in his idea and was not going to let anything or anyone break that confidence. God bless him.

5. Humility – To balance their confidence the successful entrepreneur needs to know that they don’t have all the answers. Although confident, they are humble enough to understand that they must always be open to the feedback of the world around them and be willing to absorb, analyze and decide which feedback will help them to achieve their dream. Stubbornness is just stupidity with an attitude. If there is one thing the successful entrepreneur is not, is stupid.

6. Learner – It is at that moment that you feel you are “there” that you are then the furthest you have ever been from being there. The entrepreneur must be the perpetual and hungry student. The longer we are in business, the more experience we gain, the more knowledge we accumulate, the more we realize how little we know. Learning is the key to succeeding.

7. Strategist – Very, very few businesses become successful by chance. Successful entrepreneurship takes thought, planning, execution, analysis, evaluation, adjustments and implementation. In a word, Strategy.
Imagine you have been dropped in the desert with 2 days of water and 3 days in every direction but one, until you reach a water supply. If you guess which way to go, you are more than likely dead. However, if you take time to strategize where you are now and which direction is the most likely path to water in two days not three, you have greatly upped your chances of success. The strategist is all about working smart not hard. The strategist understands the muscle between your two ears is much more powerful than all the other muscles in your body, combined!

8. Focus – This is the myopic thought process of success. If you know what you want and you stay focused on achieving “that” then all you do will continue to get you closer to achievement. As mentioned above, creativity is usually the one attribute of the entrepreneur that can make them never reach success. Non-focused creativity can cause us to put time and energy into things that are not of the most immediate importance. Staying focused is the key to clear and productive creative thinking. Miki Agrawal

9. Determined Perseverance – The successful entrepreneur is determined to succeed no matter what gets in their way. You will have tough times. You will want to quit. You will be frustrated, tired, exhausted, depressed and stressed out. It is okay. Just persevere. Your determination will drive your perseverance.

It is said that Thomas Edison had at least 10,000 failed experiments until he came up with the right formula for the electronic light bulb. Ten-thousand. That is a lot. Is there anything you would stick with if you failed at it 10,000 times? Now that is Determined Perseverance. Excuse me while I go shut off the light.

10. Celebrator – The hard-working entrepreneur knows when to celebrate. Encouragement for the entrepreneur rarely comes from the outside. Most of the “at-a-boys” have to come from each of us to ourselves. It is important that we celebrate our successes. We work hard for successes, but we must understand that we don’t achieve success like winning the lottery. Our ultimate vision of success doesn’t happen all at one time. It come in bits and pieces. Like stepping-stones. There have been those few that do reach it at once, but they are few and far between. Most of them who succeed so quickly fail almost as quickly, because they have not been able to learn from the experience of failures. We must celebrate the mini-successes we have. The benchmarks of success are what let us know that we are reaching our ultimate goal. Otherwise the ultimate success we are looking to achieve may be too far off to appreciate.

 

Functions and Uses of a Virtual Receptionist to the Medical Industry

The future medical industry is predicted to be one with a virtual receptionist a constant in every practice. Judging by the popularity and many uses of such a service especially when it comes to boosting the efficiency level of a clinic, this future is almost a reality.

Features and Benefits of a Receptionist System

The good thing about the virtual receptionist is that it can be programmed to suit the needs of your medical practice. As such, you can personalize it to reflect your goals as a medical practitioner. To do that, you can either program it yourself or allow the software provider to do it, given that you have some specifications outlined beforehand.

Aside from being HIPAA certified, a receptionist system is also helpful in increasing your client base. Here are reasons why:

1. It boosts the efficiency level of your staff as it frees them from mundane telephone tasks. With that, your employees can focus more on their administrative requirements thereby increasing your clinic’s overall productivity while boosting the quality of your services at the same time.

2. It takes care of appointments in your behalf. So while you are busy doing more important office tasks, the virtual receptionist tirelessly accepts calls, plots as well as cancels appointments. In addition, the appointments plotted or cancelled are immediately reflected in your central database so the information is stored and accessed in all your available portals, i.e. online calendar and spreadsheets. Business

3. It is linked to another system that sends out reminder messages on cue and with little need of human intervention. The automation happens between two systems such that there is little need for you to intervene. For instance, upon setting an appointment, the system will ask your patient as to how and when he or she would prefer to receive reminder messages. Your patient will then choose from a list of options that will be read out for them. Once a choice has been selected, it will be stored by the system and the data transferred to the appointment reminder list so a reminder message will go out on the pre-selected date.

4. Since most systems are patterned to speak and sound like humans, a certain sense of warmth and professionalism is retained all the time. These ensure positive responses from a majority of your patients.

On the other hand, the virtual receptionist system is also beneficial to doctors like you in the sense that your time and investment will be well allocated. With the help of such artificial intelligence, you can be confident that you will always have patients regardless of the season and the economic condition.

In case an appointment has been cancelled last minute, you know that the system will call those who are in the waiting list to offer the newly opened slot. This reduces your no-show rate and possible losses due to cancellations.

Lastly, the virtual receptionist has a flexible payment term. As such, you can choose if you want to do a one-time payment or a monthly subscription fee – whichever suits your budget better.

 

Military Industrial Complex Versus Medical Industrial Complex

Is the military industrial complex 100% evil? Oh, heavens no, however it does need to be kept in check. Obviously, during war times there will be more military spending by any given nation, a time when the country’s treasury is more focused on winning a way, or survival of the civilization. This of course means that those companies that make weaponry stand to make a hefty sum on making those weapons of war. This concerns many and rightfully so.

You see, if those companies lobby politicians to promote certain policies that could lead to a war or cause a lengthened conflict, then they stand to make billions in revenue. The concept of Military Industrial Complex is merely a take-off of Adam Smith’s warnings. Unfortunately, when companies make money through the slaughtering of one’s own race, yes that would be the darkest side of the reality.

Still, on the positive side, a nation that spends healthily on military defense measures is far less likely to be attacked, as their opponents realize the reciprocal will be swift and devastating. An enemy knowing of the economic strength and tight relationship of the industrial military complex with the leadership of the nation, would be wise to think twice about provoking them to serve their political will. Business

So, those are some pros and cons to the Industrial Military Complex, but what about other such cozy relationships between industry and government? Well, today, we see the Medical Industrial Complex, and oh my gosh it looks like very few in Big Pharma are taking the 50-60% hit on their stock like all the other industries, so what do we do?

Well, it appears the politicians are allotting them these companies, that industry, and the broken healthcare system even more, a $690 Billion down payment on a 10-year plan via President Obama’s? So, what’s the difference between the Industrial Medical and Industrial Military Complexes? From Adam Smith’s famous treaties not much in principle or philosophy.

In fact, I just bet Adam Smith would, if he had to choose, side with the Military Industrial Complex over the other, because he knew that government’s first and foremost responsibility was to protect the American People from enemies foreign and domestic, while the purpose of the Medical Industrial Complex is just to make maximum profits at the expense of the people and our government’s treasury. Think on this.

 

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