The Role of Internet in Business

The internet plays a major role in every aspect of our modern life. Internet technologies play a major role in business. As a business owner, knowing the role of internet in business will help you take advantage of the powerful opportunities it offers to grow you business and make operations more effective.

Here are different ways in which the internet has contributed to the success and growth of businesses.

Communication: The internet makes communication fast and cost efficient. Businesses use internet technologies such as Skype internet and video calls, email and video conferencing to make communication virtually instant.

Growth: The internet plays a big role in the growth of businesses. It gives businesses an opportunity to reach a wider global audience. Promoting through the internet is also a way to increase sales and reach the desired growth level. Business can also expand by having an online division.

Marketing: One of the role of internet in business involves marketing and advertising. Most businesses are taking advantage of the internet to market their products and services to a global audience. The most notable internet technologies here include search engines such as Google.

Networking and Recruiting: Social networking websites play a role in business networking by connecting like-minded professionals. Through the internet, people have found business partners and great employees.

Outsourcing services:The internet has helped cut costs by outsourcing services to countries where it is cheaper to provide these services. Apart from the cost reduction through the outsourcing role of internet in business, outsourcing enables businesses to concentrate on their core services and become more efficient.

Online Shopping Role: One role of internet in business is the birth of ecommerce websites and online payment solutions that allow people to shop online from the comfort of their own homes.

New Opportunities: The internet has opened up new business opportunities and giving rise to a group of successful online business owners. This is a powerful role as anyone can now start an online business.

The role of internet in business cannot be overstated. New businesses are taking advantage of the powerful role the internet plays in business to grow and succeed at a faster rate than was previously possible. Traditional businesses are also not being left behind as they are creating online divisions. A business owner can only ignore the role the internet plays in business at the peril of his or her business.

The Success System That Never Fails by W Clement Stone – Book Review

Title and Author : The Success System That Never Fails by W. Clement Stone

Synopsis of Content:

Success is a system. It can be learned from those who have achieved success. In this book Stone accounts his own meteoric success going from poverty to riches and starting out in the Great Depression. He teaches what he learned from life experience, business, his mentors and others who taught him how to succeed in business.

The Success System that never fails covers the importance of selecting the correct environment for success, understanding the formula for success, thinking for oneself, the importance of taking action, and many other rules and disciplines that lead to success.

Stone teachers what he calls the three essentials for success: Inspiration to Action; Know How; and Activity Knowledge. These would also be understood as inspiration and motivation, knowledge of how to do something, and knowledge gained from experience. Each of these is essential in the pursuit of success.

He stresses the importance of proper planning and goal setting, how it takes less effort to succeed than to fail, finding and maintaining the right course to success, the importance of energy and motivation and the importance of the right team.

Stone was a devout man and he included discussions of the importance of personal faith and prayer. He also touches on what later became known as the power of attraction. He discusses the importance of developing success oriented skills such as becoming an effective public speaker, how to use your mind to achieve more, how to relate and assimilate useful information and many small steps that lead to success.

Stone's formulae for success are the traditional list of having a purpose, planning, using goals, working hard, working smart, and constant learning and improvement. While you will not find any new or revolutionary in this classic work you will find the solid success tools that have worked for millions of people for centuries and remain just as valid today as they were in 1962 when the book was written.

The examples and mentors he lists are dated a bit but they certainly illustrate his points well. To truly understand where success literature and theory is today it is useful to study its history. Stone was not a pioneer in this work but he worked with at least one such pioneer and studied others.

Readability / Writing Quality:

This book is very readable. It was ahead of its time in its careful organization. Atypical of books of that period does not contain large blocks of text but is broken down into an easy to follow outline form with many illustrations.

Notes on Author:

W. Clement Stone was one of the most successful salesman and businessman of the mid 20th century. He turned $ 100 into one of the largest insurance companies in the world and launched it in the middle of the Great Depression. He was also a student of success and a collaborator with Napoleon Hill during the 1950s.

Three Great Ideas You Can Use:

1. You can neutralize a negative emotion that limits you through properly directed action. You can change how you feel and think through your own directed action.

2. While learning and planning are critical to success nothing is more important than taking action and striking when opportunity presents itself. "Do it Now" is an axiom that will empower you.

3. If you can not save money the seeds of success will remain forever elusive. Having a budget and planning for the future are essential.

Publication Information:

The Success System That Never Fails by W. Clement Stone

Copyright 1962 by W. Clement Stone

Published by Prentice Hall, Inc.

Rating for this Book

Overall Rating for Book: very good

Writing Style: easy to follow and understand.

Usefulness: very useful to anyone who aspires to succeed.

The Importance of Upgrading Your Computer System

If you want to have a computer of your own, then you must understand one thing about them. You see, computers aren’t things you must dispose of after a number of years. It is something you can build on, improve and upgrade. A computer can last you a very long time. If there is one thing you need to know about computers it is that the only thing it needs for longevity is an upgrade. You shouldn’t be afraid to upgrade your system. Doubt is something that’s common with inexperienced computer users. But if you want to have a better system, one that lasts you a very long time, you have to open up to computer system upgrades. Here are a few upgrade suggestions depending on your needs.

If you start to notice a slowing of your systems, then you might need an internal hardware upgrade. A simpler approach would be to reformat your computer, but sometimes, that just won’t do. When it comes to computer speed, the key components are the memory and processor. Memory is very easy to upgrade. All you have to do is buys new memory chips and put them in the empty memory slots in your computer. The processor is a bit harder to change, though. First, you have to make sure the new processor you want is compatible with your current motherboard. If it isn’t then you can either look for another processor that’s compliant, or replace your motherboard with something that’s compatible with it.

Another upgrade you might want to do is shift to a dual monitor system. A dual monitor system is great for people who need to monitor many tasks at one time. This is also great for enhancing the gaming experience. If you want to shift to a dual monitor system, just invest on two LCD or LED monitors and ensure your video card can handle the dual monitor system. You can also invest on a dual monitor stand which saves you a whole lot of space even with two monitors on your desktop.

Upgrades are necessary to lengthen your computer’s life, and once you understand how you can easily upgrade your computer, you will enjoy a faster and more responsive PC without spending too much money on purchasing a new system.

Communication Strategies to Avoid Communication Breakdown

What actually matters in the chain of communication is whether the sender and the receiver are in sync and on the same wavelength. If that is the case then there is never going to be any communication breakdown that occurs.

There might have been times when you communicated something to someone and the person nodded sagely. You felt that the person had understood exactly what you wanted. But, alas, the end product was not something that you had in mind. So much for being a good communicator! In order for communication to flow smoothly and seamlessly, the starting point of the communication chain, the sender must take the ownership and responsibility of being an able and effective communicator.

The sender does not only have to draft the message but, must also consider how it is going to be received by the recipient and how will the message be interpreted. The entire chain of communication that starts from the sender does not end until the receiver has understood perfectly what you are trying to convey and also generated enough feedback for the sender, by means of action or a communication.

The objective behind communication is to create an understanding amongst both the parties involved and what outcome is required. In the communication model there has to be a two way communication between the sender and the receiver. Same is the case with the sharing of the responsibilities too. The onus lies on both of them to try and get it right, the very first time.

The sender on their part must be crisp and precise in their communication. The sender must convey relevant information in a coherent manner.

The receiver on their part must be an active listener and must be able to comprehend exactly what the sender is trying to convey. In case of any questions, they must seek clarification before doing what they feel the sender requires. Also, the receiver must never try and assume things. In case of any doubts it is always best to check with the sender from whom the communication commenced. This will spare them a lot of heartache and trouble later on.

As human beings we have embedded filters that we use to allow only what we want to hear to come our way. Therefore, what we hear is what we want to hear and not what the opposite person might have wanted us to hear. As a sender, you can cross check to find out if the message you conveyed has been interpreted on the opposite side exactly as you wanted it to be.

Poor communication can result in a lot of discord, errors and misunderstandings all around you. These can be avoided if the intent is made known clearly by the sender, in clear and specific language, with no room for ambiguity. Therefore, the sender must state clearly what they want and mean. The receiver on their part must seek clarification of the sender’s intent when uncertain. The receiver on their part must have good questioning skills to fall back on.

Hence, clear communication techniques are a must for all concerned.