How to motivate today employees?

It is commonly believed that higher pay scale lead towards increase in the motivation level of company employees but do remember it may be a huge factor but not only factor. There are number of other requirements that are expected by the employees in an organization. For example a good time management, life-work balance, trust level or workplace environment. . These conditions can make employees more productive, healthier, and happier in the workplace.

If a company is unable to fill up the employees expectation then they actually fail to motivate their employees to the required level which ultimately cause long term harm to the company.

  • Promote trusted relationships:

Employees are mostly motivating by the culture that promotes trust and caring for each other,It is easy to work in isolation but whenever working in group there is an importance of trust level. “Since today most people spend a majority of their waking hours at work, employers that promote a pro-social workplace can get benefits,”

  • Make employees to feel their importance:

It is an era where the job switching is so common so if an employer wants to maintain high retention level in his organization then he must make an effort to make employs feel there importance. They should strive to provide a deeper connection the past, the security of a job was enough to make employees show up for work every day.

  • Create Challenging Work:

By creating challenging work and then support your employees lead towards better performance. Challenging work makes employees feel their importance and they tend to compete in healthy environment. Good competition results into higher performance. It is also noticed that all world leading companies always work in challenging environment.

  • Give Employees Authority to Innovate & Take Risks:

A workplace grounded in trust and employee empowerment, however, sets the stage for individuals to take risks and make mistakes without the fear of a punitive response. Innovation and risk-taking may not motivate every employee, but the sense that management respects and has confidence in employee’s supports a healthier. Employers who support these workplace conditions will give employees more reasons to feel wanted, trusted, and supported, and hence it results into positive retention of employees.

 

Passion leads toward success:

Passion leads toward success:

It is often commonly said that if you wants to be success then you must have a passion for it. Do what makes you happy. Well this is the most pessimistic approach but we cannot ignore the importance of realistic way  of thinking so there is a gap between passion and success and we must have to fill it that led towards end results.

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Life is a complex matter, it is not a bed of roses that a person wishes and it turns into reality. Do remember the importance of hard work in each and every portion of life is necessary..

Do the work that you want to do that makes you happy and if this is not a situation than question yourself that are you on a right position or there is a need for transformation a change that that move toward the right position.  But firstly for any of such change you need a passion a that is absolute requirement to succeed. We can say that passion is an emotion, emotion leads towards  mood , mood towards behavior , behavior toward personality and it is your personality that makes you move toward action.

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Well we should also consider that reality is not always simple as we want it, it is not easy to locate a person passion because mostly we are unable to find it so firstly you have to find your passion then to decide your work if a person is on a wrong place that it is simple that his talent is wasting.  Passion leads a person to lead toward success as Steave jobs also believe that with passion a person can change the world and he actually did it with his Apple products.

Characteristics of Successful Entrepreneurs:

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It is a common myth that entrepreneurs are born not made but following are some characteristics which is being observed in entrepreneurs. Yes, they are different from other individuals due to their capacity of more hardworking and thinking.

• Passion for the Business
 It means that entrepreneur have passion to do something new they don’t want to copy other but their passion for new business is the key that led them to move forward. We can say that this is number one characteristic shared by successful entrepreneurs.
 This passion mostly led toward the entrepreneur’s belief that the business will positively influence people’s lives.

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• Product/Customer Focus
 A normal business man is the one who is either a product oriented or customer oriented but a good entrepreneur is the one who have the characteristics of both. It means he is considering product and customer both for the success of his business.
 In this way he covers the good aspects of both orientation forms of business.

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• Tenacity Despite Failure
 Because entrepreneurs are typically trying something new, the failure rate is naturally high.
 A defining characteristic for successful entrepreneurs’ is their ability to persevere through setbacks and failures.

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• Execution Intelligence
 The ability to fashion a solid business idea into a viable business is a key characteristic of successful entrepreneurs.
 They have ability to turn their ideas into reality which is not the capacity of common individual.

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• Prior Industry Experience
 Industry experience is the key that led toward success of an entrepreneur . Several studies have shown that prior experience in an industry helps an entrepreneur recognize business opportunities.
• By working in an industry, an individual may spot a market niche that is underserved.
• It is also possible that by working in an industry, an individual builds a network of social contacts who provide insights that lead to recognizing new opportunities.
• Cognitive Factors
 Studies have shown that opportunity recognition may be an innate skill or cognitive process.
 Some people believe that entrepreneurs have a “sixth sense” that allows them to see opportunities that others miss.
 This “sixth sense” is called entrepreneurial alertness, which is formally defined as the ability to notice things without engaging in deliberate search.

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• Social Networks
 The extent and depth of an individual’s social network affects opportunity recognition.
 People who build a substantial network of social and professional contacts will be exposed to more opportunities and ideas than people with sparse networks.

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 In one survey of 65 start-ups, half the founders reported that they got their business idea through social contacts.
• Creativity
 Creativity is the process of generating a novel or useful idea.
 Opportunity recognition may be, at least in part, a creative process.

 

Marketing.. Something more than making profit

 “Good marketing makes the company look smart. Great marketing makes the customer feel smart.” – Joe Chernov

This quote gives an instant inspiration in my mind that marketing is something more than just making profit. It is actually to create awareness about the product that should be retain in the mind of consumer not for the short term but for the long term as well. The main purpose of marketing is to position the product in the mind of consumer that they feel loyal towards the product and this will surely make your profit margin high.

In the point of view of Joe Chernov there is a difference between good marketing and great marketing. Good Marketing is something when your main motive is your own company and hence it is a product oriented marketing in which the main focus is what our company do? What is our product?  While on the other hand great marketing is something more that good and it have a link towards its customers , yes whenever you are moving toward great marketing you must have to change your approach from product oriented to consumer oriented and this approach will gives you answers like how our product will produce ease in our life. Customers will only attract when they find their importance.

Let’s move towards another quote

Our jobs as marketers are to understand how the customer wants to buy and help them do so.” – Bryan Eisenberg

Bryan Eisenberg show a very smart skill and gives a great advice to all the marketers in the world that is don’t show what your company is producing but show that we are producing the goods or services that you want. It is the first duty of marketers to understand what the need of the customers is and then help them and get their share.

It is the wise saying that in order to sell something you must be a good teller about the product or services. Show the points of your customers need and attract their mind. Marketing is all about the stories you create and how to tell them.

We can say that marketing is the core to business success. What to do with the product if company is unable to attract customers. It may be possible that without marketing your company may be close. For a business to succeed, the product or service it provides must be known to potential buyers. Unless your business is known in the community and have communication with your customers, you have to use marketing strategies to create product or service awareness.

As awareness becomes a reality, it is also the point where new customers start to spread the word, telling friends and family about this amazing new product they discovered. Words of mouth have a great direct impact on the sale of products. It is very important to know that what kind of reputation your product enjoy in the market.

As your reputation grows, the business expands and sales increase. The reputation of your company is built through active participation in community programs, effective communication–externally and externally–and quality products or services, which are created or supported by marketing efforts. Marketing facilitates the healthy competition that allows small businesses and new businesses to be successful enter and grow in the marketplace.

So, if you are running a business that does focus on customers need and wants while doing marketing. And try to do great marketing not only good marketing. Marketing is something building a profitable relationship with your customers and if you give it a touch of innovation then your marketing strategy will going to be best.

 

 

Technology Impact on society

Now it’s a time where humans are surrounded by Technology. Technology is around us 24/7 that mean we are actually keeping us away from the nature. Yes technology do have number of positive aspects like it creates ease in communication, bring revolutionary change in the industry of transport, it brings innovation in education and each and every sector of world.

But everything have 2 aspects good and bad. Is not it dangerous that people are adopting technologies very fast without or with knowing the critical aspects of technology. Is not it is dangerous that our life is full of technology we do not consider to move even a single step without technology. Our life without any technology seems to be very difficult. We wake up and the first thing that we use is our mobile phones, we live in the house where AC is necessary for affording houses, our cars , buses are full of dangerous gases that causes pollution. Dangerous gasses are emitting from these buses, industries, and cars.

Think about it that where we are moving? There is a need to think that these technology gives us unrepearable losses.

Each day there is a launch of new mobile phones, LCDs, and what cause actual loss is Smart phones. There is a need to think that smartphones are actually providing us ease to the one who are far away from us or they are moving us away from those who are near us?

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As we already know that excess of every thing is bad so there should be a proper check and balance on the dangerous aspects of technology which cannot be denied by any person.

Now,   please don’t get me wrong. The internet is a great thing, and has brought about a communications revolution. The problem is that without control on your part, the             internet can suck your life and energy.

The technological growth taking place in the world today is doing so very rapidly and there are new advancements being made with each passing day and this is possible owing to the large number of extensive programmes of technological research currently being done by  a large number of researchers working within non-profit research organizations, business and universities. The developments being made today are very strong and are very pervasive forces in the business environment today. Technology can easily be referred to as the scientific knowledge to the practical problems we are experiencing in the world today. There is no denying that the impact of technology in the world today is huge and can be categorized into how it effects our society today and how it influences the business activities and operations.

Positive impact of technology:

Technology impacts on our daily lives. Our environments are all so full of technology to the point that most of the time we take it for granted and never actually notice the level of impact that it has on us until when we have no telephone, transport, water or electricity. It is only due to technology that greatly increased our living standards.  generally, people are feeding better, are dressing better and are as a matter of fact living more comfortable lives.

Technology also has a great impact on all the fundamental aspects of all our cultures including laws and how they are enforced, language, art, health care, mobility, education and religion. For instance the great technological improvements in health care have given a chance to doctors to treat their patients in an environment that is virtual through the use of mediums such as video conferencing which has also greatly benefited the legal environment as it allows the judges to still listen to the cases of hard core criminals who cannot be allowed to get into the court rooms due to securityreasons.

Negative impacts of technology:

With every advancement that is made in the technological world, creative destruction results. For example, television impacts negatively on the movies and also on the fresh minds. The coming in of new types of technology also results in a negative impact on the growth of the economy at times; television at times consumes all the productive hours that a man has in a day. Every new form of technology gets into the market together with long term consequences that are most of the time not foreseeable. If we take the example of Neuclear bombs or rockets do here is a question that is that good for humanity?

Conclusion:

We admitted that technology has a great impact on our lives and it not only revolutionized any one field of life but its positive impact brings innovation in all fields. Technology has greatly helped us to become more efficient thus increasing our productivity. It has also helped us a great deal to be able to save on many resources such as time and money and these are great benefits that cannot be ignored. It has also worked well in bringing unity into the world by turning it into a global village which has in turn helped people to more easily overcome their cultural, racial and continental barriers. But we cannot ignore the negative aspects as well so there is a need to maintain a proper check and balance on each and every new innovation that is it going to be helpful or destructive for humanity.

 

 

Top 10 entrepreneurs of Pakistan

it is widely accepted that Pakistan has a lot of talent who have not only made the country proud all over the world, but have also played a vital role in making the country prosper .

here are top 10 entrepreneurs of Pakistan:

1:Aftab Tapal

His name is most famous in the world of business  in Asia. He has his own ideologies and management styles and uses all his skills to make his family business grow every day.

2:Jahan Ara:

Jehan Ara

Maam Jehan Ara is a Good Communicator, Entrepreneur, Mentor, Policy Advocate, Activist for Human/Gender rights and Privacy advocate. She is working in NUST Incubation Center.

3:Hanif Rajput:

Hanif Rajput popular entrepreneur in Pakistan

His life is all about devotion, commitment and achieving success and due to these skills his catering business has grown to a national level.

4:Rehan Allahwala

Rehan Allahwala

Rehan Allahwala help many people through his Social Media profile, He Said “I am simple human being I think’s that all human beings are equal & the goal of my life is to make sure, that they are treated in that way.”

5:Ashraf Choudary

Ashraf Chaudhry

Ashraf Chaudhry is a Pakistan,s Best and most famous Sales Trainer, International Author and Social Media Strategist. Success story of Ashraf Chaudhry is great source of motivation for everyone.

6:Qasim Ali Shah;

Qasim Ali Shah

He is a motivational speaker and a popular teacher in Pakistan.He started his professional career as an officer in Pakistan’s civil services, but later opted for teaching and gradually progressed into becoming a professional trainer, public speaker, writer, and columnist. He is an author of 8 books. Many people get inspiration by watching his videos on internet.

7: Suddruddin Hashmi

Sadruddin Hashwani popular entrepreneur in Pakistan

He started his cotton trading business during 1960 and it is now one of the largest groups in the country which is due to his efforts and skills as an entrepreneur making his trades as assorted as Real Estate, Oil & Gas, Hospitality, IT and ceramics.

8: Sir Adamjee Dawood:

Sir Adamjee Dawood popular entrepreneur in Pakistan

He had been an amazing entrepreneur since he was a teenager and this is why his trading business was established very finely and successfully. He was a participant of Indian politics which was subsidized by humanitarian causes.

9: Zaydan Khan:

Zaydan Khan

This person is highly energetic, young inspiring motivational speaker. He has done MBA (Master of Business Administration) from Baluchistan University in IT. He is professional a trainer at school of leadership.

10: Saad Hamid:

Saad Hamid

He is a technology entrepreneur and digital ecosystem builder and famous in all over the Pakistan. He is the founder of School of Skills which is a future school that aims to teach skills of the future to youth in emerging economies such as technology, storytelling, creativity, innovation, design thinking, emotional intelligence, soft skills, social consciousness, entrepreneurship etc.

 

 

Jack Ma. A story of failure to success

In our daily lives we notice a number of people working and struggling, some become successful while others failed but only few struggles become such a stories that we have to tell. The stories like how a hero comes to the rescue of his people and his family, we find pleasure in such stories. And I do believe that such inspirational stories have a positive effect on our brains and help us become more courageous, committed and generous and it improve our overall outlook on life.

So, today we’ll talk about a story. The story of the life of a man who not only introduced the concept of internet in the China but also has impacted the entire economy and internet industry of China almost single-handedly. His life is all about efforts and commitment with his work. This is the story of Jack Ma.

Who is Jack Ma?

Jack Ma is the founder of the E-commerce giant Alibaba and is a stakeholder at Alipay, its sister company which is an e-payment portal. He is now officially the richest man in China with an estimated net worth of $25 Billion, on the back of the recent world record $150 Billion IPO filing of his company. Given all of this, Jack Ma only holds a 7.8% stake in Alibaba and a 50% stake in Alipay. Alibaba and Jack Ma, although are not household names out of China, you must know that Alibaba is worth more than Facebook, and processes goods more than eBay and Amazon combined!

This might be beginning to seem like the story of an arrogant and rich billionaire who hasn’t seen the dark. But don’t be mistaken by the numbers that you see above, they can fool anyone. Although as simple as it may sound, Jack Ma has had it hard in his life to get to where he is today. A true rags-to-riches story and definitely a one which will inspire you even in your darkest days.

Jack Ma – Early story

Ma Yun a.k.a. Jack Ma is one of those self-made billionaires with humble beginnings. Jack Ma was born in Hangzhou, located in the south-eastern part of China. He was born and raised along with an elder brother and a younger sister during the rise of communist China and its isolation from the Western regions. His parents were traditional Musicians-Storytellers and they didn’t make enough to be even considered as middle class during those days.

Former US president Richard Nixon’s visit to Hangzhou in 1972 improved the situation of tourism in his home-town and Jack wanted to make the most of this opportunity. Jack always wanted to learn English as a kid and he spent his time riding on his bike to a nearby park, giving English tours to foreigners for free. It was then he met a foreign girl who gave him the nickname ‘Jack’ for his name was hard to spell for her.

Jack, after graduating with a Bachelor’s degree in English, worked as an English teacher at Hangzhou Dianzi University with a pay of $12 a month! Now here comes the part where it gets more interesting, even before he has received that degree and became an English teacher.

Rejected, But Not a Failure.

Jack Ma as an extremely lucky who just became a billionaire in a snap. But it is safe to know that Rejections are synonymous with Jack Ma. You wouldn’t believe the number of times this man has been rejected and failed.

In his early childhood, Jack Ma Failed in his Primary School examinations, not once, but Twice!  He Failed Thrice during his Middle School exams. When applying to universities after his High school, Jack failed the entrance exams thrice, before finally joining Hangzhou Normal University. He even applied and wrote to Harvard University ten times about being admitted – and got rejected each time. This was only during his education!

During and after his Bachelor’s degree Jack tried and failed to get a job at a multitude of places. After spending three years to get into a University, Jack failed to land a job after applying to them 30 times. He further said that “When KFC came to China, 24 people went for the job.  Twenty-three people were accepted.  I was the only guy who wasn’t.” He also one of the 5 applicants to a job in Police force and was the only one getting rejected after being told, “No, you’re no good.”

Also, on his Entrepreneurial undertakings, Jack Ma went on to fail on two of his initial ventures. But that didn’t stop him in any way of dreaming bigger.

Down, but not loss:

In one of his interviews, when asked about his rejections, this is what he had to say, “Well, I think we have to get used to it.  We’re not that good.” Overcoming the pain of rejections and treating rejections as opportunities to learn and grow was what Jack Ma made of it.

After finally coming to terms with all of his rejections and failures, Jack Ma visited US in 1995, for a Government undertaking project related to the building of highways. It was then that Jack Ma was first introduced to the Internet and Computers. Computers were pretty rare in China then, given the high costs associated with them and Internet or E-mails were non-existent. The first word he searched on the Mosaic browser was ‘Beer’, and it popped out results from different countries, but signs of China anywhere. He then searched ‘China’ and not a single result popped out! He decided it was time for China and its people to get on the Internet.

Finally, after persuading 17 of his other friends to invest and join him in his new e-commerce startup – Alibaba, the company began from his apartment. Initially, Alibaba didn’t had a single penny in investment from outside investors, but they later raised $20 Million from SoftBank and another $5 Million from Goldman Sachs in 1999. Building trust among the people of China that an online system of payment and package transfers is safe was the biggest challenge Jack Ma and Alibaba faced, a challenge that Jack will cherish for his lifetime.

Having started his first successful company at the age of 31 and even after never having written a single line of code or selling something to anyone, Jack Ma runs one of the biggest E-commerce networks in the world. The company went on to grow rapidly, expanding all across the world, quickly growing out of its China shell. Only second to Walmart now in terms of sales per year, Alibaba has become the E-commerce giant that Jack Ma has envisioned for it.

In 2013, Ma stepped down from his post as CEO of Alibaba, although he retained his position as executive chairman. The company went public on September 19, 2014. The IPO earned $150 billion, the largest offering for a U.S.-listed company in the history of the NYSE. Instantly, Ma became the richest man in China, with a net worth of about $25 billion. now his company has a market share of $468 Billions making it one of the 10 largest companies in the world. It enjoys 550 million active monthly users across its various platforms.

What we should learn from the story of Jack Ma ?

The story of jack ma gives us a lesson of commitment. Despite from hundreds of failure JackMa did not loss his temperament. This proves that life is not a bed of roses, if you actually wants to achieve something you must have to do work very hard. First of all you have to be very clear about your goals then remain committed to that if first attempt is not successful then it does not mean that second, third or fourth attempt will also be failed.  So, never get demotivated from your will. Your continuous efforts will surely going to reward you.

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