Top 10 Distance Learning Universities in India

Distance education is catching up fast in India and the number of students opting for this mode of education is on the rise. Many students living in remote areas are not able to pursue regular courses for their higher education even if they desire to do so. They can fulfill their desire with this mode of education. Even working professionals can give a boost to their career with improved qualification and skills. With headway in open learning, many universities in India providing this education form have developed in the past few years. We will have a look at the top 10 distance learning universities in India.

Top 10 open universities

Below is a comprehensive list of the top 10 open universities which provide different courses to the candidates through distance education. They are not in any particular order.

Indira Gandhi National Open University (IGNOU)

Governed by the Distance Education Council (DEC), IGNOU is the most popular university among students seeking admission in correspondence or online courses. The courses are categorized under different schools of study.

Dr B R Ambedkar Open University

There are around 137 centers of this university all across the country. The motto of this University is ‘Education at Your Doorstep’. Several under graduate, post graduate and diploma courses are offered in this University.

Sikkim Manipal

This University is recognized by the United Grants Commission and there are around 725 authorized centers across India.

Annamalai

Annamali University is the first distance learning university in India offering post graduate course in subjects like Zoology, Applied Psychology, Bioinformatics, Botany, Law, etc. All the courses are approved by the Distance Education Council.

Symbiosis Centre for Distance Learning

This institute is situated in Pune and follows the concept of ‘Blended Learning’. Their programs have e-learning facility along with printed study materials and faculty interaction. The program structure is such that the students get the same knowledge as that of regular courses.

ICFAI

ICFAI University has many centers all across the world and is well known for its MBA courses through the open education mode. With an MBA degree from ICFAI, candidates can improve their job chances immensely.

Maulana Azad National Urdu University

With 9 regional centers, the university proffers 3 under graduate, 3 post graduate and 8 PG Diploma, Certificate and Diploma courses. B.Ed programs are also offered to the interested candidates.

Alagappa University

The Alagappa University provides job oriented and sector specific programs to its students in this education medium. Both Tamil and Hindi are the medium of instruction. Diploma holders are eligible for lateral entry in various degree programs.

University of Mumbai

University of Mumbai has a separate section for students who are interested to take up open learning courses. The Distance and Open Learning section offers different degrees under various faculties available.

IMT Distance and Open Learning Institute

Cyber security and management are the two areas of study in which students can enroll for correspondence or online learning. Post graduate programs and PhD programs are highly recommended.

It is however necessary to make a thorough check about every aspect of admission before enrolling in any of these top distance learning universities.

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Continuing Education For Paralegals Expands Career Options

In today’s cultural environment, where the legal profession is ripe with activity and cases involving every field from medicine to commercial construction, attorneys simply cannot do without their legal assistants, popularly known as paralegals. While paralegals cannot give advice directly to clients, represent them in court, establish fees or sign court documents, the list of what they can do is impressive. Moreover, while many paralegals currently have either 2-year associate’s or 4-year bachelor’s degrees and/or paralegal certification, there is no doubt that those with paralegal certification and a bachelor’s degree in paralegal studies or any related field, such as criminal justice, have the most career options. Accordingly, employment in the field often leads to continuing education for paralegals so that they may become certified or enhance their degree status.

Certification generally involves passing an examination and possessing at least a year of working experience. College courses for credit towards a more advanced degree, on the other hand, include such special areas as litigation and trial practice, criminal law and procedure, real property, personal injury, and business organizations. Then too, courses are offered in domestic relations as well as trusts, wills, and estate administration, with bankruptcy, and administrative law being others of importance. As many law firms have special areas of practice and require their lawyers to seek continuing education, it is unsurprising that many also reward paralegals who do the same. Not only is teamwork enhanced, but the pursuit of additional knowledge is becoming more and more necessary for those involved in legal careers.

Often beset with heavy case loads, lawyers do not have the time to do everything necessary to prepare for cases themselves. Thus, they turn to paralegals to assist them, particularly in the resolution of lawsuits. Good legal preparation in connection with a lawsuit involves thorough investigation regarding facts of a case. Clients and witnesses must also be interviewed, pleadings drafted, and deposition notices, subpoenas, motions, and briefs issued, to say nothing of organization and management of files, documents, and exhibits. All of these are tasks for paralegals, and the more experience they have, also credits from continuing education, the more tasks they are likely to be given. In direct correlation, their salaries generally reflect the amount and depth of the tasks they routinely perform.

As paralegals may assist during hearings, arbitration, mediation, even closings, and trials, it is understandable why a continuing education course in litigation and trial practice, for instance, would serve them well. Such a course provides in-depth coverage of the litigation process from pre-suit investigation to the final, or appeal, stage. With emphasis on not only the lawyer’s role, but also the duties that are likely to be delegated to a competent legal assistant, it is clearly the kind of continuing education that benefits paralegals, rendering them more valuable to their employer. Similarly, pursuing advancement through courses in specific fields, such as bankruptcy or contracts, would be advantageous too, as these are important facets of most law firms today regardless of size.

Of note too, paralegals may work for other than law firms; they are often employed by government agencies or legal departments of corporations, for example, where elements of law must be understood and followed, often communicated. Clearly, a wide open field with many opportunities, CNN Money, online home of Fortune and Money magazines, ranked the paralegal’s job as one of the 20 best in the U.S. today. As legal fees continue to rise, paralegals are likely to become even more in demand for those tasks once only able to be carried out by higher priced attorneys.

Thus, continuing education for paralegals is likely to yield many positive outcomes, broadening knowledge to add to the excellent organizational, communication, research and writing skills that make up the profession’s foundation. With so many job options to explore, any additional education is well worth pursuing for those whose intent is to shine brightly in the paralegal field.

How Technology Creates Wealth

Dynamic markets create opportunity

Markets create energy because they are dynamic. They are constantly evolving in response to changes in the economic, political and technological environments. Understanding what causes a market to evolve helps you predict where opportunities will emerge; how fast they will develop, and when and whether mass adoption will occur. If you can capture this energy, you can use it to drive the sales process.

Dynamic systems create energy. If left unchecked, any systemic change tends to grow. A snowball rolling downhill gets bigger. Growth creates momentum. As the snowball grows bigger, it goes faster. Momentum creates energy. The faster the snowball rolls; the bigger it gets; the harder it hits the tree. Energy drives change. (Source The Fifth Discipline)

You can use the energy sources created by an evolving market to motivate prospects to buy your solution. Persuading people to try out a new technology is an uphill battle. You have to invest a lot of your precious energy - sales resources, capital, technical expertise, etc. – into convincing prospects they can benefit from using your technology to support their business. However, if you understand what is driving market change- an increasingly mobile workforce, higher need for personal security, faster access to global markets - then you use the energy created by the market to motivate prospects to buy. Thus, you need to invest less of your own resources and you can sell more productively and efficiently.

Technology markets create abundance.

There are two laws that explain why technology-enabled markets generate extraordinary amounts of energy.
1. Moore’s Law predicts that technology is going to improve in the future and cost less.
2 Metcalf’s Law states that technologies become more useful as more people use them.

The combination of these two laws creates an economy of abundance that is unique to technology markets. As Moore’s Law predicts an endless supply of ever-increasing resources and Metcalf’s Law promises that innovations will be quickly adopted, the nature of the economy changes.

Gordon Moore, the founder of Intel, said, “Every 18 months processing power doubles while the cost holds constant.” The implications of Moore’s Law are that every 18 months technology is going to cost half as much and be twice as powerful. Moore’s Law has held true for over 30 years. Previous economies were based on the laws of scarcity, where you have a limited amount of resources and value is based on how scarce they are – gold, oil, land, etc. The more you use up the resources the less energy you have.

A technology-based economy is based on the laws of abundance. According to Moore’s law, there will always be cheaper resources tomorrow. This ever-increasing pool of resources enables customers to implement new business strategies. If it isn’t possible today, it will be possible tomorrow. Improved technology is constantly fueling the market, creating energy.

Furthermore, thanks to this simple formula technological obsolescence is only a few months away. Customers can never afford to sit still for fear that a competitor will be able to leapfrog ahead of them if they adopt the next generation of technology faster. This anxiety is another powerful source of energy that you can use to drive your sales.

Metcalf’s Law also has a powerful effect on developing markets. Robert Metcalf, the founder of 3Com, said “New technologies are valuable only if many people use them… the utility of a network equates the square of the number of users. ” This means that the more people use a technology, the more useful it becomes. If there was only one fax machine in the world, it wouldn’t be useful. With two fax machines you can send mail back and forth faster and cheaper than if you send it through the post office. With 2,000,000 fax machines, you never have to wait in line at the post office again.

According to Metcalf a technology’s usefulness equals the number of users squared. If two people use a fax it is four times easier than using the postal system. If 20 people use the fax machine, it is 400 times easier. This creates a geometric increase in the technology’s utility, which is just another way of saying why customers would want to buy it. So if 2 people want to buy a fax machine today; 4 people will want to buy it tomorrow; 16 people will want to buy it the day after tomorrow; 256 people will want to buy it next week, and 2,147,483,648 will want to buy it by the end of the month. That is a lot of potential customers lining up to buy your product, which is what market energy is all about.

Abundance creates demand for your technology. Since technology markets create abundance they are not subject to the constraints of scarcity. They have unlimited growth potential and consequently unlimited potential to create wealth.

Accredited Health Care Career Study Opportunities

Study opportunities inside the industry of health care give students the knowledge to step inside a wide breadth of careers. Students can decide on an area of study once they research program possibilities.

Education can be completed at many colleges across the country giving students the skills they need for this fast growing field. The field is focused on treating and preventing illness by providing the public with a variety of services offered by health care facilities. Students can work through programs from the associate’s to doctorate’s degree level of training. The area of study determines what degree levels are offered. Some educational areas may only offer undergraduate training and others may offer all educational levels. To determine what opportunities exists students should research their area of interest.

The field is broad and students can complete programs inside concentration areas that include:

*Physician Assistant

This study opportunity prepares students to correctly diagnose and treat patients while under the direct supervision of a physician. Students can enter several areas like cardiology and orthopedics by completing programs tailored to one area of the health care field. Education centers on understanding how to work with patients by examining them and creating a workable treatment plan. Students should also expect to learn to perform everyday administrative tasks and medical research. Areas of study will include pharmacology, patient assessment, surgery, evidence-based medicine, anatomy, and immunology.

*Health Education

The process of teaching people how to become and stay healthy is covered inside health education degree programs. This field is continuing to grow in popularity, as people in today’s society become more health oriented. Training is centered on teaching students to understand the complete process of designing, implementing, and assessing health programs throughout different communities. Programs can be about a wide range of topics relating to health and wellness. For example, professionals can implement a nutrition, exercise, or health-screening program. Through focused courses students learn the practices of evaluating the communities needs in which they work. Educational courses include topics on alcohol, behavior, health psychology, community health, and stress management. Most professionals work inside local hospitals and clinics where they are accessible to the entire community.

*Surgical Assisting

Associates degree programs teach students to be an important member of the surgical staff at a hospital. Students explore the procedures used inside an operating room to learn how to create a sterile environment and assist surgeons during surgery. This includes operating suction devices, diagnostic tools, and supplies. Students also learn to know what types of instruments go with different surgeries, which helps them understand how to anticipate the surgeon’s moves. Subjects studied typically include courses in microbiology, medical terminology, and human anatomy.

The Power of Aligning Personal Values and Career Success

 

The pursuit of career success can be an all-consuming endeavor for many individuals. From long hours at the office to sacrificing personal time and relationships, the desire to climb the corporate ladder often takes priority over everything else. However, research suggests that aligning personal values with career goals can lead to greater job satisfaction and overall well-being.

Personal values are the beliefs and principles that guide our behaviors and decisions. They are unique to each individual and are shaped by personal experiences, cultural background, and societal norms. When an individual’s personal values are aligned with their career goals, they are more likely to feel fulfilled in their work and have a sense of purpose.

Job satisfaction is a crucial component of career success and is strongly linked to an individual’s alignment of personal values with their professional pursuits. In fact, a study published in the Journal of Vocational Behavior found that employees who perceived a high level of value congruence in their work had higher job satisfaction and organizational commitment.

When personal values are not aligned with career goals, individuals may experience feelings of frustration, disillusionment, and lack of motivation. This can result in a decrease in productivity and overall job performance. Conversely, when an individual is passionate about their work and feels that it aligns with their personal values, they are more likely to take ownership of their responsibilities and strive for excellence.

Aligning personal values with career goals also has a positive impact on mental health and well-being. When individuals feel that their work is meaningful and purposeful, it can foster a sense of self-worth and boost their overall happiness and life satisfaction.

To align personal values with career goals, individuals should first identify their core values and prioritize them. This involves reflecting on personal beliefs and principles and determining what matters most in life. Once these core values are identified, individuals can then assess their current job or potential career paths to determine if they align with their values.

If there is a misalignment, individuals may need to reevaluate their career goals and consider alternative paths that align more closely with their values. This may involve making difficult decisions, such as leaving a current job or pursuing a different career path. However, the benefits of aligning personal values with career goals are well worth the effort and sacrifice.

In conclusion, aligning personal values with career goals is essential for achieving career success and overall well-being. When individuals feel that their work is meaningful and purposeful, they are more likely to experience job satisfaction, productivity, and mental wellness. To achieve this alignment, individuals must take the time to reflect on their core values and prioritize them in their professional pursuits. By doing so, they will be able to create a career path that aligns with their personal beliefs and principles, leading to a more fulfilling and satisfying life.

How to Instill Good Values in Your Child

Ever wonder how to instill good values in your child? Experience shows that most parents and teachers choose from one of three different systems to reach that goal. One of those systems produces children who lack good values. The second instills good values in a routine manner. The third system works, and works well when parents consistently follow it. The secret? Your child will love the flags.

Let’s look together at these systems.

(1) MUZZY SYSTEM: This method of instilling values sees the body of moral values as a huge gray area filled with vagaries, i.e., actions or ideas that are erratic and unpredictable. This system tries to instill good values in your child by using actions or ideas that keep jumping from here to there. You can never really pin them down. You can never really say, “This moral value requires this kind of behavior, and these are the positive and negative consequences of that behavior.”

I saw the muzzy system in action a month ago in our community. Being on friendly terms with the executive vice president of the community management team, we had a friendly discussion about lax enforcement of written regulations governing the community. At the close of the discussion, the executive vice president stated, “There’s always this huge gray area.”

Really? Our discussion centered on legally binding community regulations, yet she found it hard to predict what action, if any, she and her team might take with a non-compliant resident. Once residents discovered this wiggle room, violations increased. If we picture the management’s attempts at lease enforcement as a giant TV screen, we see a “snow” storm of muzzy reception. Their lease enforcement remains erratic, unpredictable, and never in focus.

Know how to instill good values in your child with the muzzy system? Toss the system. You can’t instill good values in your child with a vague gray carpet of ambiguous ideas.

(2) MONOCHROMATIC SYSTEM: A parent or teacher who uses this system to instill good values in children views moral values in a monochromatic scheme of sharp blacks and whites. Unlike the muzzy system, this choice presents clear concepts of right and wrong. These concepts never change. Honesty never jumps from complete adherence to truth one time to permissible little white lies another time. Parents do not present moral values as erratic, unpredictable behaviors that require one action today and another action tomorrow.

Try applying this system to the management team above. What of that “huge gray area” would have to change? The team would have to make it clear to all residents that they view regulations in black and white – not gray. They would have to insist on compliance, stating unchangeable consequences of non-compliance. Finally, they would have to act to make compliance happen.

Over many centuries, parents wanting to instill good values in their children used the monochromatic system with great success. Parents taught clear distinctions between black and white when it came to moral values. They helped children structure their lives around moral values written, quite literally, in stone: The Ten Commandments.

This method of instilling good values in children still works for parents who work diligently to conform their own lives to robust character traits. If you qualify as a parent of strong character, use the monochromatic system to instill good values in your child. Teach them a well-defined, clear honesty rather than a vague, unpredictable honesty. Teach them a self-control that never operates on whim – one that keeps self on the right moral track, regardless.

Learn how to instill good values in your child with the monochromatic system, and they will never be at a loss as to what action they should choose.

(3) VIBRANCY SYSTEM: Decades before we reached 2019 (when I’m writing this article), our society became one of vibrancy with vivid color! From Earth’s creation, humans had lived with color. Sky, water, soil, plants, animals, and human bodies all pulsed with a rainbow of color. Then, emerging technologies made vibrant color available in everything from TV and movies to the clothing on our backs. We raced rapidly from muzzy through monochromatic to vibrancy – but seldom used it to instill good values. Why?

Think about how you and adults you know view values. Maybe you see a block of gray. I speak as a career educator when I say that children do not learn best from gray. Hand them a paper picturing a huge gray square and ask them to describe the good values they see. They can’t. They see nothing but a gray box. Schools don’t use gray to teach math, science, etc.

Maybe you see black and white. Children can and do learn from monochromatic black and white. Write the list of 66 character traits in white on a blackboard, ask the children to describe the good values they see, and they can comply. Schools use black and white to teach math, science, etc. – but not exclusively. They use color, and I want to turn your attention to that.

HOW TO INSTILL GOOD VALUES IN YOUR CHILD USING FLAGS

Good values exist in beautiful, rich colors like the vibrant colors of most nations’ flags. Did you know that the colors used in flags most often symbolize specific good values? What more memorable way could you use to instill good values in your child?

Acquire a flag or flag photo, and see the world through the eyes of your child.

Begin with your own nation’s flag. It likely features red, white, and blue. Twenty-nine (29) nations do use these three colors in flags. Those nations often associate a common symbolism with the red, with the white, and with the blue – and a flag can be your first tool to teach these values to your child.

  • Red, symbolic of a nation’s struggle, stands for courage.
  • White represents purity, peace, and unity.
  • Blue stands for bravery, justice, loyalty, and perseverance.

You can instill those eight good values in your child by use of an actual flag or photo of a flag. Teach the colors one at a time. Teach the specific values of a color one at a time. In other words, you will want to spend 8-11 teaching sessions on the values symbolized by red, white, and blue. You want the child to know how each value says to behave – how to act. Give them examples, and set up opportunities within the home for regular practice.

Connect other flag colors to specific moral values to help your child see with “vibrancy” and remember long the character traits you value.

Use light red or pink hearts to instill love as described in both pictures and words at: https://bettilousblog.com/warning-real-love-works/. Explain that love is not just warm feelings. Real love requires action. Real love does work. Help your child understand and engage in specific love actions on a regular basis.

CONCLUSION

We could give more hints on how to instill good values in your child, but this article would exceed space limits. Research it yourself – or create your own color symbolism, letting your child draw and color illustrative flags. Post them in the child’s room as “take-away” reminders. Use them for review, but most importantly of all – practice these values consistently as a model for your child to follow.

 

Different Types Of Backpacks and Its Advantages

Choosing a backpack is always more challenging that selecting other kinds of travel bags. With a plethora of options laid in front, you must be confused whether to select a lightweight backpack or heavy duty, whether you want a weekend pack or day pack. However, before you lay your hands on a backpack, try to get fitted first, walk around with it for sometime and then make it your bag of choice. Notably, a backpack is always a top-pick for the frugal travellers owing to its durability and convenience.

There is a diverse gamut of backpacks that you can choose from:

1. Hiking Backpacks: Backpacks, especially those used for camping and hiking, often have rigid aluminium metal frame in their design. These are usually heavy duty backpacks which are characterised by high quality material and maximum comfort. A modish appearance with unusual hint of styling adds to the popularity of these backpacks for men and makes them a delight to own. Be it a hydration pack or expedition backpack, these flaunt broader straps and belts that add optimum comfort to your shoulders and hips while its roomy compartments accommodate a horde of travel accessories that you need. Punctuated with super cool design and super strong fabric material, these backpacks for men allow you to overcome a journey on a rough terrain, yet remain unfazed.

2. School Backpacks: For value and versatility, you can take a sneak peek at the assortment of school backpack categories which are exclusively punctuated with dedicated compartments to keep your device protected and safe. You simply can’t go wrong on these classic backpacks for school that continue to rule the charts year on year. Offering a hands-free way to carry your school accessories and gears, these backpacks for school have enough storage capacity and are perfect for those who want to haul heavy loads without back aches. Available in an array of styles, these backpacks for school boast of an unmatched standard of stitching that redefines durability altogether. Trendy, spacious and useful, you can stuff in all your school stationary inside these stylish backpacks for school which keep your essentials handy and make a great buy.

3. Canvas Backpacks: If you do not want to be pulled down to oversaturated style, revel in the classic, clean, uncomplicated and university-smart canvas backpack that simply withstands any era. Usually flaunting a leather flap coupled with strap-and-notch closure, a canvas backpack is both functional and fun. Often punctuated with good exterior storage option, open pockets and extra-strong canvas coating, a canvas backpack can be often tagged as quintessential backpack for the city dwellers. Sometimes, a canvas backpack is punctuated with dual pouches coupled with buckle closures that are spacious enough to store beverages and even a shirt. Often made with special water-repellent material and poly lining, the weight of a canvas backpack is evenly distributed with the padded shoulder straps for you to carry it with ease. Some boast of a flap in front which opens to reveal main pockets for carrying all your important documents and folders. Few of them feature special zippered compartments for keeping your iPad and laptop safe and secure from all damage. Whether you are heading for books during the summer classes or heading the highway for an adventurous road trip, a canvas backpack suits all occasions. Trek though the jungles with a canvas backpack that often have a draw-string closure to keep your items secure and safe. Whether you are a weekend traveller or a busy student, stay on top of the game with a stylish, versatile and easy canvas backpack that embraces the glamour and fun of urban life like no other.

Moreover, for making your business trips easier and less strenuous, hyper-durable ballistic nylon materials are used for special backpacks for men. Punctuated with dedicated laptop and tablet compartments, these backpacks are exclusively made with tricot lined media pockets, Durable Water Repellent (DWR) finish, water-proof zippers and DuPont Teflon fabric which prevent the backpack against oil spills, water and stains. Side mesh pockets and ergonomic strap construction fuels extended trip where you can pack and stash your essentials with ease. These backpacks for men are perfect for those who want to enjoy a smooth travelling experience whether on an outdoor adventure or for some serious business trip.

Basic Skincare for Oil-Prone Skin

Healthy skin is possible, no matter your skin type. But in order to achieve the look you want, you first have to understand your skin type and know what works best for it. For those with oily skin, here are a few tips to keep your skin nourished, clean, and protected.

Some of the characteristics of oily skin include the following:

-Overall shine; sometimes a “slick” feeling, even when you’re wearing makeup
-Coarse texture
-Enlarged pores
-Resistance to fine lines and wrinkles
-Sallow complexion
-Acne spots and blackheads
-Tendency to repel makeup

What causes oily skin? Oily skin is caused by excessive secretions of sebum, the skin’s natural oil. Poor health, especially a diet high in sugar and saturated fats can exacerbate the problem. Other factors such as emotional upsets and stress are known to trigger increased sebum deposits. The answer to fighting oily skin is not to let it “dry out.” Dried-out skin caused by alcohol-based products and harsh soaps actually activate the oil glands to produce more sebum, making the situation even slicker.

To take care of your oily skin properly, use only non-comedogenic products (free of mineral oil and other petroleum-based derivatives) that keep your pores clean and prevent acne spots. Cleanse your skin regularly with a product designed to treat oil-prone skin to aid in removing bacteria and waxy oils from the pores. After cleansing, apply an alcohol-free toner and a lightweight moisturizer. Once a week, use a gentle exfoliant to loosen and remove blackheads.

As is the case with any skincare regiment, always apply sunscreen. Doing so significantly reduces the amount of sun damage to the skin and the risk of skin cancer. Choose one that is oil-free and created for faces and you won’t have to worry about breakouts.

Mathnasuim – The Math Learning Center Review

Mathnasium offers a proprietary learning system proven and implemented with 35 years of research. Teaching students to visualize, verbalize and build confidence in math. A fine concept. Unlock the treasure that is found in learning math. Bring this tutorial program to students and parents, certainly no child will be left behind. Provide parents high value for their money.

A business an entrepreneur can do. With one new franchise opening every week, this is a very hot opportunity. Potential franchise owners begin their business quest by attending training classes headquartered in Los Angeles California. Mathnasium teaches the franchisee the business and continues support throughout.

As a franchisee start- up costs estimate $67,000. and monthly royalties will be required. With that investment comes an exclusive territory, learning center set up, initial marketing campaign and other one time expenses. This is a sizable investment. Do you believe in high reward?

Members pay a monthly membership fee for a year round program. The program consists of two weekly sessions of one hour each. In each session children enhance math skills and learn number sense, a key to understanding and gaining confidence in math. This learning system employs strategies which harbor a lifelong love of math.

Many business start- ups are difficult to sustain. With determination and hard work may your Mathnasium learning center become a profitable reality. Find ways to market and promote your business through proven techniques and become successful regardless of the economy or other market factors. Do well in your continued learning and business ventures.

Small Business Ideas, Learn How to Identify Profitable Opportunities

Identify Opportunities:

Identification of business opportunities is the foundation of starting a business. Before you start any business it is necessary to examine very carefully your ability to manufacture a product or offer a service. If you get it right at this initial stage you will have made a major step towards your business success.

Then evaluate your skills, that is, your education, your professional training and experience. How do the business opportunities available relate to your skills? If the opportunities do not relate to your skills, are you able to hire the skills at economically viable costs? Or, are there local training facilities at which you can get the training preferably through short courses? Think of the Internet too as a source of training and quite often it is free.

If you have the ideas but the skills are hard to come by, think of opportunities that don’t require much of a training such as retail shops, house to house selling etc, etc.

Now, whatever you choose, it must be something you will enjoy doing. That way you will be motivated enough to do your best.

Do You Have What It Takes to Run a Business!

Running your own business has its advantages and disadvantages. To start with, running your business will give you the satisfaction of being your own boss and a pride of ownership. You can work at your own schedule and plan your holidays at your most convenient time. You can even choose to work in the comfort of your home.

However, being your own boss comes with its costs and risks. Apart from the obvious financial risks involved with running any business, big or small, you will have to bear full responsibility of all your actions, some of which may lead to financial losses. Are you prepared to live with that both emotionally and financially? Some businesses may demand long working hours, are you ready for the time you will miss with your family?

As an entrepreneur success will come out taking advantage of present opportunities, but at the same time you should be prepared to take well calculated risks when the situation demands. Remember the saying, “Those who never take risks never discover anything.”

When doing your self-evaluation, don’t underestimate your abilities, you could be a lot more capable than you think

Market Study:

Look at the market, local, national and even international. Is there a demand for your products or services? Or can you create the demand? May be there is an agency in your country that does assist traders in this respect; make use of it.

During your study you should endeavor to find out:

* The type and quality of products or services that have a good demand,

* Who your potential customers are,

* What the level of demand is,

* At what prices can you sell the goods or services and will you get a reasonable return on your investment?

* What are the distribution channels and where is the location of the market?

* What competition are you likely to encounter in your chosen market and how do you intend to deal with it?

Along with that you should also study:

* The source, quantity and cost of materials, tools and equipment,

* The reliability of the supply and servicing,

* How much it will cost to start and run the business,

* Can you raise or borrow the necessary finances?

If you pay serious attention to the details above you will be able to make a very informed decision. You can then march on with confidence.

Festus Muga.