10 Avoidable Mistakes First-Time Entrepreneurs Make Repeatedly

10 Avoidable Mistakes First-Time Entrepreneurs Make Repeatedly

 

Over 600,000 companies go out of business every year in the US alone. Infant Entrepreneur Mortality is a massive problem. Here are 10 avoidable mistakes first-time entrepreneurs make repeatedly:

1. They define success = funding
2. They do not know the essential techniques of bootstrapping
3. They don’t understand positioning
4. They spend money on unimportant things and run out of cash
5. They hire too many people too soon without validating
6. They start building a product without validating
7. They chase investors instead of customers
8. They network randomly, without focus
9. They talk to investors too soon, and blow important cartridges
10. They don’t focus on the business model and path to monetization
Avoid them at all costs.
You cannot succeed without first surviving.
I’ve never met an entrepreneur who has built a billion dollar business without first building a million dollar one!
Do your homework. Here’s a self-assessment tool to calibrate your business the way investors would. Whether or not you are raising money, think of yourself as an investor in your own business, and test yourself against these issues.
Do not waste money getting fancy office-space and furniture.
Entrepreneurship = (Customers + Revenues + Profits).
Financing is optional.
Exit is optional.
Success is a sustainable, profitable business that meets customer needs.
Good luck!

 

 

Trivia Softwares launches new website for Turn Key project developer

Trivia Softwares has launched website for a turn key developer known as M/s Shattesh Technologies Pvt Ltd based in Thane.

The website is http://www.shatteshtech.com


Its a beasic website of 10 pages.

Building Your Online Presence

The Basic Building Blocks of a Website, and Their Costs

BY Ana R. Alvarado | May 13, 2014|

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Thanks to developments in technology, the vast majority of us don’t need to spend thousands of dollars on a website.
There are solutions even a tech neophyte can use to build a website easily and at an affordable price -- all without touching a single line of code. Let’s take a quick look at the different components that make up a website and the services available to create one.
Domain. A domain is the unique name of your website (for example: entrepreneur.com). This is what your visitors type into the address bar to get to your website. On average, a .com domain costs anywhere from Rs. 500 to Rs 1,000 annually. Prices can drop significantly if you purchase multiple years in advance.

Hosting. A host stores your website files and makes your website accessible online. Files can include PNG, JPG, MP3, HTML and PHP. Hosting generally costs about Rs.240 to Rs.1,500 a month. However, it can run a lot higher if your site requires special hosting due to heavy traffic or intensive applications.
Design. A website’s design is composed of colors, shapes and visuals. It’s the look and feel of the website minus content. Design is the area that has the most variability in pricing. Cost ranges based on the following preferences: custom logo, Rs. 3,000 to Rs. 20,000; premium/custom template, Rs. 1000 to Rs. 10,000; novice designer, Rs. 6,000 to Rs. 15,000; professional designer, Rs. 8,000 to Rs. 40,000; and small web design agency, more than Rs. 50,000.
Advanced functionality. Advanced features can bump the cost of your site significantly. As mobile has become an integral part of the internet, websites need to be optimized for all screen sizes. You can choose a responsive design or create a version of your website that is designed for each device.
E-commerce is another popular addition. Online stores can vary from simple to complex. If you’re running a small mom-and-pop shop, a DIY store will most likely suffice. However, if you are hoping to build a catalog that rivals Target, there will be a high price-tag to accompany that power.
Now that we’ve covered what makes a website, let’s look at the three main routes you can take to build a site.

DIY. Creating a website with a DIY website builder such as Jimdo, Wix or Wordpress is the most affordable option, and yields professional results without having to deal with coding or a backend view. You have control of what your website looks like and all changes to your website show up instantly. Website builders come equipped with built-in templates. Make sure to shop around and compare the features offered by different services. Prices can range from free to Rs.10,000.
Professional. The reasons to choose to work with a professional include time, money and practicality. Whatever your situation, it’s advisable that you ask a few questions such as: Will I be able to update the site myself? If not, do I pay per update? Ultimately, it’s highly recommended that you at least have partial control of your website. This includes ensuring that the domain is registered under your name. Prices can range from Rs. 13,000 to Rs. 100,000.
Enterprise. A corporation that needs a complex website will have to invest considerably in the development of its site. Corporate websites need to communicate a lot of information to a variety of audiences and therefore, tend to be of a substantial size with thousands of pages. Other advanced features that are required are multi-user login, large databases and audit logs. Apart from the initial price, you will have ongoing costs -- updates and maintenance -- that will have to be done through the agency, web designer or developer. High-end hosting, such as cloud solutions, will be necessary. Prices start at Rs.500,000.
What’s right for me? Be realistic with what’s essential for your website. Are you turning your hobby into a business? Do you have a small shop? A DIY website builder will more than suffice. A majority of individuals and businesses looking to build a website will fall into this category.
However, if you’ve analyzed your particular situation and concluded that you need professional aid in creating your site, there are a wide range of options to fit your needs. Rest assured, building your website is affordable and doesn’t have to break the bank.

13 things successful people do during their lunch hours

Here are 13 things successful people do during their lunch hours:
They plan their day with lunch in mind. They never schedule important meetings or conference calls right at lunchtime, and they typically block of at least 10 minutes of free time after lunch to reassess their goals for the day and shift priorities around as needed, Kerr says.
They get up and get out. Even on the occasions where you feel you must work through lunch, always get away from your desk. That's what successful people do, Kerr says. "In the worst case scenario, if you have to work through lunch, working in a different location will at least offer up a much needed change of scenery and perspective."
They network. Try and set a goal to have lunch with a different person in your office or network at least once a week, either as an introduction or to catch up. "You are guaranteed to learn something new about your organization or industry, and may even make some new mentors and friends in the process," says Ryan Kahn, a career coach, founder of The Hired Group, and author of "Hired! The Guide for the Recent Grad."
They get organized. "Take advantage of this short break from work by making a to-do list for your personal life - or even to cross a few items off that list," Kahn says. "Feeling like things are in control and organized in your life outside of work will free up mental energy and reduce stress levels to perform better professionally."
They take the time to eat. "They eat healthy, and eat mindfully," Kerr says. "Nutritionists talk about the need for people to be mindful when they are eating, which means eating slowly, appreciating the food, and being fully present." Not being mindful leads to poor dietary choices such as eating too fast or eating junk food, which not only affects your health in the long run, buts also affects your stress level and ability to focus in the afternoon.
They work out. Exercising during lunch provides a great energy boost and sense of accomplishment for the second part of the workday. "A regular workout schedule, in addition to promoting good health, has been shown to reduce stress and increase focus," Kahn explains. "These are all positive things for your performance at work, so get moving."
They reflect on their morning. Lunch is the ideal time to evaluate the progress you've made, Kerr says. "Take the time to self-reflect on what you have accomplished. Expressing gratitude is a major happiness booster and a great way to keep your momentum up for the afternoon." If you have had a difficult morning, then remind yourself that you can hit the reset button over lunch and head into the afternoon with a positive attitude.
They read. Successful people don't spend their lunch hour reading emails and reports. They catch up on newspapers, blogs, and books, says Teri Hockett, chief executive of What's For Work?, a career site for women.
Kerr agrees. He says reading helps you focus, offers a mental break from work, and can give you some much-needed solitude.
They accomplish personal tasks. Hockett says successful people might run errands during their lunch hour, which they would not otherwise be able to take care of during the day. They also use this time to make personal calls, schedule appointments, write thank you notes, and achieve any other tasks from their personal to-do list.
They do things they enjoy. Successful people also use this time of day to do things they enjoy most, like seeing a friend, going shopping, or visiting the park. "All of these activities will be like mini-vacations and help refresh you and completely change the channel. You will go back to the office with a different mindset," Kurow says.
They unplug and recharge. Use your lunch hour to recharge by shutting off electronics and enjoying some peace and quiet, Hockett says.
They spend time on career planning. During your lunch hour, take a few minutes to think about and write down what you want your professional future to look like, Kurow says. "Successful people rarely have time in the office to do this. Take a notebook, and find a place to journal your thoughts. Then decide what the first step would be to move those thoughts, wishes, and plans forward."
They brainstorm. Successful people use this time to dream of new concepts, ideas, and solutions that can be applied to their professional and/or personal lives, Hockett concludes.

SALE offer from Trivia Softwares

Get a 5 page professionally designed website only for Rs 4,999/- inclusive of Domain and 1 GB hosting
You will get:

• Your own .com domain and 1 GB hosting
• 5 professionally designed Web Pages (About Us, Products/ Services, 2 other pages (Customized), Contact us)
• 1 Enquiry form for getting leads over the internet
• 1 Free Facebook Company Page

All these for just Rs 4,999/- only.
Offer open till 31st March 2014 only.
For Enquiries contact 25410450

Mistakes while applying for a job

When applying for a job, people sometimes make serious mistakes which may cause them that illusive job opportunity.

Some of these mistakes are:

• Applying online for a job vacancy and then when an appointment is schedule, replying to the same mail with apologies for not attending the interview for some different reason

Seriously people what were you thinking when you do such a blunder? It shows to the HR person that you were never serious about the opening in the first place and just applied cause you had not other work to do. Never ever do such a thing as we never know where opportunities might come.

 

 

 

What is a domain restore? Why does it cost so much in comparison to a domain renewal?

A domain should be renewed before it's expiration date. If the domain expires, you can still renew it after the expiration date for a certain grace period (40 days usually). These renewals are at the regular renewal price
If you do not renew the domain within the grace period, then the domain is deleted. Trivia Softwares no longer controls the domain name, and it can no longer be renewed. After a certain redemption period (30 days usually), the domain is released back to the public and anyone can register it.

If you decide you still want the domain within the redemption period, you need to restore it. This is a time consuming process that is not automated. We actually have to submit paperwork to complete the restore. We charge Rs 8,500 to restore COM/NET domains. For other tlds, the price ranges from Rs. 3,000/- to Rs. 10,000/-. Most of this money goes to the central registry, not us. All restores include a 1 year renewal.

A domain restore should not be confused with a back-ordering service. A domain restore is for domains that have been registered by Trivia Softwares, but were deleted after the grace period since the owner did not renew the domain. This is only for our customers who wish to restore a domain they had registered with us, but forgot to renew the domain after it expired.