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Ideas Rule the World

Ideas Rule the World

A very witty phrase, if you ask me. Going by the definition by Wikipedia; “an idea is a concept or abstraction formed and existing in the mind. Human capability to contemplate ideas is associated with the ability of reasoning, self-reflection, and the ability to acquire and apply intellect. Further, ideas give rise to actual concepts, or mind generalizations, which are the basis for any kind of knowledge whether science or philosophy.”

So why do we say they rule the world? “Everything you see and touch was once an invisible idea until someone chose to bring into being.”- Richard Bach. Like a dream, an idea sprouts up in the mind, flies around in our brains till its used or naturally fades out. The uniqueness and power that set apart any successful businesses or individual, starts with the kind of ideas they come up with(usually influenced by their state of mind, environ and situations).

It is not enough to have an idea, but it is a good start. To create a business, you need to come up with an idea. Then once you’re in business, you need more ideas for design, engineering, capacity building, marketing, creative problem solving, customer retention, etc. Day in day out, you would need to think and generate new creative ideas to sustain the existing ideas. The accelerated pace of change and current ease of new entrants to new markets due to technological advances leaves no time to be sloppy in encouraging and nurturing ideas. The success or failure of a business could be could depend on just one idea or the timing.

Most companies are not short on new ideas, but they are short on ways to assess, prioritize, and execute those new ideas. For example, IBM existed when Dell took advantage of the internet and started online computer sales. Dell Computers had “an idea” IBM lacked and developing that single idea at that time, made Dell MONEY and a strong brand name. Ideas don’t just bring you out of your shell, they possess the power to creatively stand you out.

Find great ideas? Basically, ideas are born by combining existing ideas to form an invention(e.g. “car” and “kitchen,” = “mobile restaurant,”). Firms must enthusiastically welcome new ideas and suggestions. If an idea is given proper attention, it may become the hero in town, the next great marketing campaign, or even the perfect incubator for your next innovative product or service.

There are several instances in history where great ideas were born and have made success:

Finding solutions to a need gave birth to Crayola brand crayons which started as a need for a child friendly school instrument. To improve its business Garment Care (another laundry shop or better still a “glorified wash-man”), accepted Alder ‘s concept of “branding” and the success, we can tell. The famous Mark and Spencer wanted to be different from other retail stores in UK; today, miles away the Igbo*-boy in Tejuosho* market, sells with lines like “this one is original stuff, like Mark and Spencer”. Post It Notes was created from the “failures” in a series of experiments in trying to create a heavy adhesive. Adapting to change has helped Madonna (the world known singer and business woman) keep a firm grip on her legion of fans. Despite all the critics surrounding her career, by incorporating the latest dance ,music and trends into her own style, she has managed to retain her stage space in the entertainment industry, for decades. I remember banking in Nigeria was also very boring before Bond Bank(then)* and GTBank* changed the game thanks to Alder consulting. The lists goes on and on.

To build a strong brand out of businesses or individual you need to have a unique story to tell. The Einsteins, Gates, Dangotes*, Bruces*, Modelas*, had all made it because, Ideas Rules The World!

(*Note: this article was written from the Nigeria perspective and languages.)

Source: Source by Ola Olabimpe


Cyber Crimes And Solutions

Cyber Crimes And Solutions

We are currently living in Cyber age, where Internet and computers have major impacts on our way of living, social life and the way we conduct businesses.

The usage of information technology has posed great security challenges and ethical questions in front of us. Just as every thing has positives and negatives, usage of information technology is beneficial as well as insecure.

With the growth of the internet, network security has become a major concern. Cyber crimes have emerged rapidly in the last few years and have major consequences. Cyber criminals are doing every thing from stealing money, hacking into others computer, stealing intellectual property, spreading viruses and worms to damage computers connected on the internet and committing frauds.

Stoppage of cyber crimes is a major concern today.

Cyber criminal make use of the vulnerabilities in computer soft wares and networks to their advantage.

Hacking:

Hacking or Cracking is a major cyber crime committed today. Hacker makes use of the weaknesses and loop holes in operating systems to destroy data and steal important information from victim’s computer. Cracking is normally done through the use of a backdoor program installed on your machine. A lot of crackers also try to gain access to resources through the use of password cracking softwares. Hackers can also monitor what u do on your computer and can also import files on your computer. A hacker could install several programs on to your system without your knowledge. Such programs could also be used to steal personal information such as passwords and credit card information. Important data of a company can also be hacked to get the secret information of the future plans of the company.

Cyber-Theft:

Cyber-Theft is the use of computers and communication systems to steal information in electronic format. Hackers crack into the systems of banks and transfer money into their own bank accounts. This is a major concern, as larger amounts of money can be stolen and illegally transferred.

Many newsletters on the internet provide the investors with free advice recommending stocks where they should invest. Sometimes these recommendations are totally bogus and cause loss to the investors. Credit card fraud is also very common.

Most of the companies and banks don’t reveal that they have been the victims of cyber -theft because of the fear of losing customers and share holders. Cyber-theft is the most common and the most reported of all cyber-crimes. Cyber-theft is a popular cyber-crime because it can quickly bring experienced cyber-criminal large cash resulting from very little effort. Furthermore, there is little chance a professional cyber-criminal will be apprehended by law enforcement.

Viruses and worms:

Viruses and worms is a very major threat to normal users and companies. Viruses are computer programs that are designed to damage computers. It is named virus because it spreads from one computer to another like a biological virus. A virus must be attached to some other program or documents through which it enters the computer. A worm usually exploits loop holes in soft wares or the operating system. Trojan horse is dicey. It appears to do one thing but does something else. The system may accept it as one thing. Upon execution, it may release a virus, worm or logic bomb. A logic bomb is an attack triggered by an event, like computer clock reaching a certain date. Chernobyl and Melissa viruses are the recent examples.

Experts estimate that the Mydoom worm infected approximately a quarter-million computers in a single day in January 2004. Back in March 1999, the Melissa virus was so powerful that it forced Microsoft and a number of other very large companies to completely turn off their e-mail systems until the virus could be contained.

Solutions:

An important question arises that how can these crimes be prevented. A number of techniques and solutions have been presented but the problems still exists and are increasing day by day.

Antivirus And Anti spyware Software:

Аntivirus software consists of computer programs that attempt to identify, thwart and eliminate computer viruses and other malicious software. Anti spy wares are used to restrict backdoor program, trojans and other spy wares to be installed on the computer.

Firewalls:

A firewall protects a computer network from unauthorized access. Network firewalls may be hardware devices, software programs, or a combination of the two. A network firewall typically guards an internal computer network against malicious access from outside the network.

Cryptography:

Cryptography is the science of encrypting and decrypting information. Encryption is like sending a postal mail to another party with a lock code on the envelope which is known only to the sender and the recipient. A number of cryptographic methods have been developed and some of them are still not cracked.

Cyber Ethics and Laws:

Cyber ethics and cyber laws are also being formulated to stop cyber crimes. It is a responsibility of every individual to follow cyber ethics and cyber laws so that the increasing cyber crimes shall reduce. Security softwares like anti viruses and anti spy wares should be installed on all computers, in order to remain secure from cyber crimes. Internet Service Providers should also provide high level of security at their servers in order to keep their clients secure from all types of viruses and mallicious programs.

Written by:

Shaikh Mohsin Ayaz

Department of Computer Science, University of Karachi

Source: Source by Mohsin Ayaz


Mobile App Development – Offering Great Prospects for Entrepreneurs

Mobile App Development – Offering Great Prospects for Entrepreneurs

Teenage Mobile App Developers

Do you know that there is an increase in the number of teenage mobile app developers? Several big companies are encouraging the efforts of these young developers irrespective of their age and education. In 2012, a teenager based in California developed a mobile app for the Home Depot in a contest and won $10,500, which impressed a Facebook official and the company offered internship for her. Nearly seven months back, Yahoo bought a news-reading app, ‘Summly’ from a 12-year-old British teenager for tens of millions of dollars. The company also employed him and is planning to incorporate his algorithmic invention in its own mobile apps.

Entrepreneurial spirit is a precious gift indeed – something that combines passion, confidence, positivity and ambition. A real entrepreneur is not daunted by the prospect of failure and is willing to embrace both highs and lows with the same positive spirit. It is remarkable that the younger generation, the architects of the future have this fire in them to contribute something unique to society.

Teenage app developers are not only getting jobs in big firms, but are also carving their niche in the field of mobile application development by starting their own companies. Llyt is such a technology startup established by two Atlanta teens (19-year-old and 15-year-old) in 2012. The latest endeavor from this startup is an iOS app named Sketch’d, which is regarded as the world’s first iOS app that allows people to draw anything, animate it and share it with others as a looping video.

So, being under-age or lack of higher education is not a hindrance to find a lucrative career in the area of mobile app development. It’s talent and motivation that matters most.

With the increasing use of Smartphones, mobile apps and mobile application development is becoming an inevitable part of modern technology. The need for mobile app developers is thus increasing at a higher rate. The ace players in Smartphone market including Apple and Google are striving to attract app developers to their App Store by providing some relaxation in their regulations. Many popular firms are eager to acquire mobile apps from talented app developers. Not only are they looking for developers who can create customized mobile applications for different types of businesses, but also those who are talented in mobile web application development for various kinds of domains such as social networking, medical, banking and others.

Mobile App Development – A Fertile Ground for Entrepreneurs

The latest global survey of freelancers by an online staffing firm oDesk and a Gen Y consulting firm, Millennial Branding revealed around 72 percent having regular jobs want to quit their jobs and work entirely for themselves. Around 61 percent affirmed that they will quit their jobs within two years. According to the survey, the top reason for this is the prospect of flexibility and freedom as 89 percent prefer to work by choosing their own workplace and timings rather than adjusting with a strict corporate job.

The job of developing mobile apps can surely provide the freedom and flexibility these professionals are looking for. Being highly portable, Smartphones provide the opportunity for app developers to work with real-time data anywhere with the help of tools including Google Drive and Dropbox. Mobile App Stores (for instance, Apple’s App Store, Google’s Play Store) allow application developers to publish their applications at anytime from anywhere and gain a share of the revenue obtained from the sales with ease.

However, it is challenging to develop efficient mobile apps for various businesses and publish them on App Stores utilizing emerging technologies and following the guidelines of different Smartphone companies. For example, Apple introduced the new iOS 7 which can provide fresh mobile experience and greater user-friendliness. But, the mobile apps which are designed for iOS 6 won’t work well on iOS 7. You need to develop new apps that are compatible with this platform. Apple has published revised Developer License Agreement for App Developers. Its App Store will reject those apps that violate this agreement. In spite of the challenges involved in mobile application development for Apple iOS 7, entrepreneurs like the young teens mentioned at the outset will have no hesitation in surging ahead with their innovations.

A recent Nielsen report highlights the fact that the majority of the 120 million Smartphone users in the United States use a shopping or retail app at least once in a month. Businesses looking to tap into new revenue streams will be keen on having their own mobile apps, given that today’s consumers virtually live in tablets and Smartphones. This speaks volumes of the prospects of entrepreneurs engaged in customized mobile app development.

Source: Source by Rajeev Rajagopal


Creating a Chart of Accounts for a Small Restaurant

Creating a Chart of Accounts for a Small Restaurant

Independent restaurant owners often do their own bookkeeping. Even if they hire a professional accountant at year’s end, they may save considerable money by handling the weekly tasks themselves.

Setting up a chart of accounts to fit the restaurant needs generally requires customizing the default choices of any accounting program. The selection of sales and cost of goods accounts on most systems does not provide for the separation of food and beverage categories that are needed.

Even the leading bookkeeping program for small business, while it has a default selection for restaurants, fails to provide all of the accounts that most restaurant owners require. In addition, many of the expense accounts that are added are rarely used, leading to confusion during data entry, and don’t help with the overview of the business finances.

The National Restaurant Association publishes a book titled Uniform System of Accounts for Restaurants. The book provides detailed descriptions of the application of generally accepted accounting principles to the restaurant industry.

That book includes a sample chart of accounts, but notes that “the codes used here are not the only method for classifying the accounts”. It points out that most restaurants will not use all of the categories listed, and it also notably lacks breakdown of inventory and cost categories beyond “food” and “beverage”. Many restaurant owners want further separation of those categories to include sub-categories such as “meat”, “seafood”, and “produce”, and possibly “beer” and “wine” for beverage categories.

While many programs do not require the use of account numbers, the NRA book states that some type of account numbering system must be used. If your program is not showing account numbers, it should have an option on a set up screen to activate that feature.

Any account numbering system is generally grouped so that accounts of a particular type fall within a specific range of numbers. For example, assets may be in the 1000 range, and income accounts in the 4000 range. On systems with many detail accounts, 5 digit numbers may be used to allow more sub-categories, but that is rarely needed for a small restaurant.

Typical number ranges that are used by many accounting systems are as follows:

Asset accounts: 1000-1999

Liability accounts: 2000-2999

Equity accounts: 3000-3999

Revenue accounts: 4000-4999

Cost of goods: 5000-5999

Expenses: 6000-8000

“Other” accounts: 8000-9999

Asset Accounts

Asset accounts include cash, bank accounts, inventory, and everything else that is owned.

It is common to assign the first account number, 1000, to Cash, since they are usually ordered, within each group, by liquidity (ease of converting to cash).

A separate account should be used in the chart of accounts for each bank account maintained for the business. If merchant deposits take a few days to reach the bank, a merchant account can be used. Also, if checks are accepted and not processed electronically, an account should be created for checks to be deposited.

New accounts are normally numbered 10 digits apart, so your first two bank accounts may use 1010 and 1020 as account numbers in the chart of accounts. Leaving gaps between the numbers makes it easy to add another account later and squeeze it in to the sort order in any position.

The asset accounts can be numbered as such:

  • 1000 Cash
  • 1010 Primary Bank Account
  • 1020 Bank Account #2
  • 1060 Merchant Deposit Account
  • 1080 Checks Received
  • 1100 Accounts Receivable
  • 1200 Food Inventory
  • 1210 Meat Inventory
  • 1220 Poultry Inventory
  • 1230 Seafood Inventory
  • 1240 Dairy Inventory
  • 1250 Produce Inventory
  • 1260 Bakery Inventory
  • 1270 Frozen Inventory
  • 1280 Grocery Dry & Canned Inventory
  • 1320 Beverage Inventory
  • 1330 Liquor Inventory
  • 1340 Beer Inventory
  • 1350 Wine Inventory
  • 1360 Merchandise Inventory
  • 1380 Bar & Consumable Inventory
  • 1400 Prepaid Expenses & Advances
  • 1450 Recycle return value

Assets that have a lifespan of several years or more are referred to as Long Term Assets. This also includes any real estate.

  • 1500 Fixed assets
  • 1510 Land & Building
  • 1520 Automobile
  • 1530 Furniture Fixtures & Equipment
  • 1540 Leasehold Improvements
  • 1600 Accumulated Depreciation
  • 1700 Capitalized Start Up Expenses
  • 1800 Security Deposits

Liability Accounts

Liability accounts includes things like credit cards and payables to vendors. It also includes money that has been received for things like tax that is due to the state, tips due to the employees, and gift cards sold but not yet redeemed. Real estate loans and other major financing is sub-categorized as long-term liabilities.

Liability accounts can be numbered as:

  • 2000 Accounts Payable
  • 2110 Credit Card
  • 2120 Credit Card #2
  • 2130 Credit Card #3
  • 2140 Credit Card #4
  • 2210 Sales Tax Payable
  • 2220 Second Tax Payable
  • 2250 Payroll Liabilities
  • 2260 Second Payroll Liability
  • 2280 Tips held
  • 2300 Gift cards & certificates
  • 2350 Customer Credits
  • 2400 Notes Payable
  • 2500 Other debt

Equity Accounts

The owners’ investment in the company is represented in the equity accounts. For a corporation, this includes the shareholders equity. It is effectively the money that the business owes back to the owners. When an accounting period is closed, the balance of the income and expense categories is transferred to Retained Earnings, which is also an equity account.

The most basic equity accounts could be numbered:

  • 3000 Owner Capital
  • 3100 Common Stock
  • 3300 Retained Earnings

Income Accounts

Sales fall into the general category of income accounts. A restaurant will obviously want separate categories for food and beverage sales, and may want further separation of beer, wine, and liquor sales.

Typical income accounts are:

  • 4000 Sales Revenue
  • 4200 Food Sales
  • 4320 Beverage Sales
  • 4330 Liquor Sales
  • 4340 Beer Sales
  • 4350 Wine Sales
  • 4360 Merchandise Sales
  • 4500 Catering & contracts
  • 4700 Other Operating Income
  • 4900 Discounts

One difference between the NRA recommendations and many other lists involves the placement of the “other income” accounts. This can include income from sources such as cover charges, games or vending machines, and banquet room rental. Most lists place these accounts in the 8000 range, above expenses, but the NRA list places them in the 6000 range.

Most smaller locations will only need a single category for other income. Since “cost of goods” is a general sub-category of expenses, it makes sense to avoid placing an income category in the middle of the range from COGS through expenses. A single account has been placed in this list within the 4000 range.

Putting the discounts into the revenue category implies that this will be a “contra” account. Where most of the sales categories will have a credit balance, discounts will normally have a debit balance.

Cost of Goods Accounts

The Cost of Goods accounts, also called Cost of Sales or Cost of Goods Sold, represent the food and beverage purchases to provide the meals. Other expenses directly related to sales may be included, such as merchant fees or consumable cups and napkins.

The numbers used here also provide consistency across all accounts, as the last 3 digits of each COGS category is the same as the last 3 digits on the associated inventory account.

A cost of goods list could include:

  • 5000 Cost of Sales
  • 5200 Food Cost
  • 5210 Meat Cost
  • 5220 Poultry Cost
  • 5230 Seafood Cost
  • 5240 Dairy Cost
  • 5250 Produce Cost
  • 5260 Bakery Cost
  • 5270 Frozen Cost
  • 5280 Grocery Dry & Canned Cost
  • 5320 Beverage Cost
  • 5330 Liquor Cost
  • 5340 Beer Cost
  • 5350 Wine Cost
  • 5360 Merchandise Cost
  • 5380 Bar & Consumable Cost
  • 5600 Delivery & direct labor Cost
  • 5700 Merchant Fees

Expense Accounts

This example separates the expense accounts into three primary categories: payroll expenses and other expenses. The payroll expenses are grouped in the 6000 range, with the other operating expenses in the 7000 range. Overhead like rent, taxes, and amortization are bumped into the 8000 range.

While accounts must be broken down at least far enough to separate tax lines, combining rarely used accounts will make the overview much easier to understand. The following list combines several categories that are often separated on other charts.

You should check with your accountant or tax preparer to ensure that anything you combine does, in fact, share the same tax line.

The Inventory Loss/Waste account has been slid in under the 6000 marker, as some may consider it to belong with the Cost of Goods categories.

  • 5800 Inventory Loss/Waste
  • 6000 Labor related expenses
  • 6100 Management Wages
  • 6200 Staff Wages
  • 6300 Contract Labor
  • 6400 Commissions paid
  • 6500 Employee Benefits
  • 6600 Workers Comp Insurance
  • 6700 Employers Payroll Taxes
  • 6800 Payroll processing expense
  • 7100 Direct Operating Expenses
  • 7110 China – Glassware – Flatware
  • 7120 Restaurant & Kitchen Supply
  • 7130 Cleaning Supply & Expense
  • 7140 Decorations & Guest Supply
  • 7150 Laundry – Linen – Uniforms
  • 7160 Fees – Permits – Licenses
  • 7200 Pest – Security – other contract
  • 7250 POS – Tech support – Online serv
  • 7300 Marketing
  • 7310 Media & Print advertising
  • 7320 Promotional events
  • 7400 Automobile & travel
  • 7500 Music and Entertainment
  • 7600 Repairs and Maintenance
  • 7700 Utilities
  • 7750 Telephone & net connection
  • 7800 General and Administrative
  • 7810 Bad Debts – Over/short
  • 7820 Bank fees
  • 7830 Insurance
  • 7840 Interest
  • 7850 Professional fees
  • 7890 Misc. Office expense
  • 8100 Rent and Occupancy costs
  • 8200 Equipment Rental
  • 8600 Sales tax paid on purchases
  • 8700 Amortization
  • 8900 Other expense
  • 9000 Income Tax

Other Accounts

The only remaining items to account for are the sale of major assets, other income from sources besides restaurant operations (such as investments or sub-letting space), and a placeholder account for transactions where the business owner needs their accountant’s assistance.

  • 9500 Gain/Loss on sale of assets
  • 9900 Other Income (not from operation
  • 9999 Ask My Accountant

Source: Source by J G Breeden


How Profitable is the Pressure Washing Business?

How Profitable is the Pressure Washing Business?

The Power Washing Business is a lucrative business that most anyone can start and make a honest living. The start-up capital required is low and there isn’t expensive overhead required to keep your business running. In many areas there is low competition and high demand for both residential and commercial work.

You may have noticed how competitive the landscaping business is in your area. Everyone seems to be driving around a landscaping truck with a lawn mower in the back these days. How often do you see a pressure washing company in your area? The reason being, pressure washing is more of a niche business that most people aren’t knowledgeable about.

A question, commonly asked by people interested in starting their own pressure

washing business is, “How much money can I make running my own pressure washing business?”

Of course this depends on what the demand is in their area and how much work they are willing to put into marketing their business, but here are some numbers that will give you an idea of the profitability:

The average price you can charge to wash a single story house is $350-$450 dollars. Most single story residences on average will take 6 hours of work to accomplish. Often the homeowner will want other things pressure washed or cleaned such as the driveway, roof, fence, area around the pool, etc.

You can charge $100-$150 dollars more for each additional thing they want pressure washed. It’s not uncommon to make $650 dollars for washing a single story house and the fence area, or maybe the house and driveway together.

The commercial side of the business has even higher profit margins. There are a wide range of jobs that have high returns such as cleaning apartment complexes, fleet washing, and parking lots.

A strong desire to succeed along with an effective marketing plan is the key running your own power washing business, and earning a stable, long-term income.

Source: Source by Daniel Wessony


What Would Be the Best "Hello World" for Biosciences? Generating a Method for Biohacking

What Would Be the Best "Hello World" for Biosciences? Generating a Method for Biohacking

The first step that a beginner hacker or programmer takes towards a technical and logical deepening is to program the famous Hello World. It is a kind of computer pattern, so, the first step for future algorithms. And there is no computer programmer or hacker in the world who has not already created a Hello World, even just to test a new compiler or a new programming language. However, if there is this pattern, or rather, this START for hackers and computer programmers, then what would be the best model pattern or start for biohackers? Some method for beginners to have as a model in the field of biosciences.

Biosciences are not something popular yet, and there is a great barrier for ordinary people to work on issues like genetics. It seems absurd to think that common people could work with genetics, even as Hobby, as well as work with other classical sciences. The same was true about computing in the 1960s, 1970s and 1980s, but with the advancement of the microtechnology industry, especially microelectronics, devices such as hardware have had a reduction in world prices and scales. With this advancement in popularization and access to materials, we all know how the advance in computing took place, forming a breeding ground for hackers. What is questioned now is the possibility of this same fact with biosciences. A popularization and access to materials, devices and knowledge to further strengthen the incipient hacker movement. There are cheap KITs and materials for biohackers, it’s are already being made available, although considered amateur by some specialists, but, which hacker did not begin as an amateur, and in a short time, it flouted the highest technologies. We cannot deny that it is already a beginning, and there is a huge field to be improved. However, the focus of this article is on the search for a method, not the materials now. In the case, the method for biohackers is connected in a Hello World for the biosciences, for a model or a START to the new biohackers. Something so simple, but that carries the maximum of concept. A method to become standard for biohackers, just like there is Hello World. This method is what we are looking for right now! Recalling, the concept of method is an organized set of procedure, technique, or means of doing something methodically and patronized according to a highly organized, logical, and systematic plan or process of research, instruction, investigation and presentation.

As important now as the growth of the biohacker movement is the pursuit of this standard, this method. Something like performing a PCR polymerase chain reaction, or even extracting DNA from cells, and even more sophisticated devices like the connection or interfaces between biological platform and computing. In relation to hackers these are self-taught, and referring to the concepts to work with biosciences there are no excuses. Because we have never had so much knowledge on an open and organized platform as today, one example is the Microsoft ™ Khan Academy ™ platform. In addition to so many other examples. In short words, anyone today can become a hacker, as well as, become a biohacker with a basic method. A method for biohacking – An agile method, a step by step, with the basic introduction, as the famous Hello World in programming, in which it will result in a revolution HYPE for biosciences. What would be required for a hacker or novice programmer is summed up with a machine that is a computer, a compiler, and the concept of programming logic. The first step of every computer is started by the famous “Hello World”. You can say that programming Hello World is the gateway to the hacker and programming world. It is a practice, a standard in this field. The question we are raising in biohacking. It is formalized by the question: What would be the best “Hello World” for biosciences?

So far, biosciences have been stuck in academies and private laboratories, but with the advancement of knowledge and easy access to new gadgets and handmade equipment’s and instruments, at reduced prices, it has become easy and cheap to purchase materials for bioscience work in a popular way. It is a revolution like the advance of computers in its popularization, generating hackers. At present, the new breakthrough hacker is in adding the classic sciences in their actions. Thus, appearing characters or agents named biohackers and even nanohackers. These will make use of biosciences to hack into the human genome, as well as generate innovation. No one can deny a sentence: what would current computing be without hacking a few decades ago? We can even say that we are in a dilemma nowadays. The traditional means of producing science are stagnant and slow. And this new agent the biohacker as you begin your global operation will bring HYPE gas and acceleration to innovative science and technological innovations.

About the actual science, an interesting case is presented in the plateau effect concept – more details can be seen in the book of the same name. This concept refers to a kind of paralysis in the progress of knowledge and science, a psychological slowness and other factors. The concept is well exemplified to those who are learning a new language, but at a certain stage, progress suffers a slow and paralysed due to several factors. It is not very different in the progress of biosciences, and one of the reasons for this laziness, faced with so many variables is the high complexity. However, just as the hacker movement has oxygenated computing with many innovations, the biohacker movement, while there are pros and cons, will undoubtedly oxygenate biosciences and other conceptual sciences. This new action matrix will bring an icebreaker, a kind of HYPE acceleration in what is stagnant. There is much academic concept and little practical use now. There is no denying, there is a new complex matrix in the formation. The CRISPR and biohacker movement has even been a subject of Nature ™ journals in 2017.

In fact, not only is the question of the best method to generate a START, for amateur biohackers, in this case, a suggestion would be in a popularization of the PCR method, remember PCR as Polymerase Chain Reaction, but this is one of the possibilities in front of so many others. Opening to new business with the biohacking movement is unprecedented. The possibility of outsourcing for analytical tests, the leasing of laboratories, the sale of KITs for biohackers, new means of testing and a plethora of collaboration and unlimited competition. It is practically a new world that is forming in biosciences, a matrix in complex formation.

Source: Source by Edilson Gomes De Lima


Operations Management And The Startup Company

Operations Management And The Startup Company

What’s the product? Is there a market? Where is the initial funding coming from? How experienced is the management team? These are some of the first questions investors and lenders want answered when investigating a startup company, and rightly so. The business plan typically addresses these and other related questions in some detail, but what about an Operations Plan? If Operations is mentioned at all, details are likely to be sketchy at best. Does Operations Management play a role in the startup firm, and if so, what is the role? As we look into the role of Operations Management in the startup firm, we need to address the roles and responsibilities of two key players; the entrepreneur and the operations management professional.

First, we need to realize the truth that Operations might not play an important or significant role in a startup firm. It depends on the type of product or service the company is producing and the stage of development that the company is at. But then again, Operations might play a vital role, and when it does operations management professionals need to be prepared. This is where the entrepreneur or owners come in. It is the responsibility of the entrepreneur to understand the needs of the organization at any given time and the skills and experience that need to be brought on board at different stages of development. Entrepreneurs are often experts in their fields, and tend to be creative “idea people” who see the big picture and can visualize the future of the business. Many entrepreneurs struggle with the day-to-day details of running a business, and many have no formal operations management education or experience. These entrepreneurs need to understand the skills that operations management professionals bring to the table and where and how they fit in to the startup organization (and when). It is the responsibility of the operations management professional, who is at home in the details, to adapt their skills and knowledge to the entrepreneurial environment and to develop the systems and day-to-day operations that will help guide the organization to long term success.

There are significant differences between a mature, established organization and a startup company, and many operations management professionals might not have the skills and experience required to help guide the startup on it’s way to success. If you’ve spent your career working in large, well established, bureaucratic organizations, you might be ill prepared for life in an entrepreneurial organization. The speed at which decisions can be made and changes in direction can occur in a small or startup company can be mind boggling for those used to bureaucracy. Detailed analysis and lengthy planning are luxuries that few entrepreneurs or managers of startups can afford. Experience, gut feelings, and back of the envelope calculations often rule the day. Operations management professionals need to be able to adapt to this environment, and have the confidence to act without the detail and support that they’re often used to.

As for the entrepreneur, how do you determine when and if you should consider a larger role for Operations, and how do you go about developing an Operations Plan? Well, the first thing that must be done is understand just what we’re talking about when we talk about Operations and Operations Management. In a nutshell, Operations Management concerns the processes and procedures that an organization uses to produce their product or provide their service. Quality and customer service are important components that fall under the operations umbrella. For the organization to be successful, Operations must have well integrated linkages with all the other functional areas, including strategic planning, marketing and sales, and accounting and finance. There must be formal integration even if all of these functions fall under one or just a few people.

You have to have a viable product or service, you need a good marketing strategy, you need funds, and you need to be able to deliver the product or service. You can have a wonderful product, a continuous stream of new products, an exciting marketing campaign, and plenty of cash, but if you can’t satisfy your customers by delivering the product or service with the highest quality, with the highest level of service, you’ll fail. Delivering the product or service is in the realm of Operations. The role of Operations will vary, of course, depending on the nature of the business and the life stage of the firm. A software development company in the initial stages of writing code will not need to pay much attention to Operations. The firm that is in the R&D stage of integrating that software into components for original equipment manufacturers needs a well-developed operations strategy. The device manufacturer that is at the stage of transitioning from R&D and prototyping to full production must have a highly developed and highly detailed operations plan in place if they expect to compete in today’s global marketplace. The device manufacturer should have an operations strategy and plan in place from day one, since operations is such an important component of their future success. Even if it will take several years to get to the full production mode, you should begin to develop your operations plan in the early stages of the company. You’ll have an advantage over any competition if you’ve developed your operations plan and strategy as you grow, rather than waiting until you’re ready to ramp up production. If you wait, it may already be too late.

I’ve been working recently with a small contracting company. The owner approached me to help him with his business plan for a new line of business. Although I have no knowledge of or experience in his industry, he understands the value that Operations Management and how it can help improve his existing business and help get the new line of business off on the right foot. The existing business would have benefited from Operations planning and management at earlier stages, but the new line of business will have an advantage by beginning this planning at the earliest stages of development. The Operations Management profession as a whole has a largely untapped market in startup companies in almost any industry. Operations management professionals need to adapt their knowledge and skills to this audience.

Also, as I stated earlier, it’s probably a pretty safe bet to say that many, if not most, entrepreneurs don’t come from an Operations background, so what should be considered in the Operations Plan? Operations encompasses everything from the procurement of the materials and resources needed to produce the product or provide the service, through to the delivery of the product or service to the customer or final consumer. The Operations Plan must address how the organization will perform these tasks. The field of Operations Management is littered with buzzwords (value stream, process mapping), various systems and techniques (Lean Manufacturing, Six Sigma), and three letter acronyms (ERP, for Enterprise Resource Planning, generally meaning a computer system, and SCM for Supply Chain Management). The Operations Plan has to cut through the clutter and simply state how the organization will satisfy their customers and drive profitability.

Some elements of the Operations Plan to look for are:

o Sourcing strategy – including vendor selection criteria and supplier evaluations

o Quality system – how will processes be monitored and controlled? How will authority and responsibility for quality be assigned and dispersed throughout the organization? What results are expected?

o Production and Inventory Management (applies to products and services) – where will you meet the customer – will you build to order, build to stock, or what? What is the production and production control methodology? What are the materials and information flows?

o Logistics and delivery – will warehousing and delivery services be performed in-house or outsourced? What are the delivery channels?

o Customer service – how much authority will be granted to customer service personnel? Will there be dedicated customer service personnel or will it be the responsibility of operations, sales & marketing, or who? What are the expectations for customer satisfaction?

o Integration – How will operations be integrated with the other areas of the organization?

Operations is a vital component of every organization. The role and responsibilities of Operations will vary depending on the organization, the industry, and the life stage of the organization, but the importance will not. Every organization, product manufacturer or service provider, for-profit or non-profit, government or private, must effectively produce and deliver their product or service to satisfy their customers and investors. Operations plays a key role in every business and should be given the commitment that is needed to ensure success. Every business plan should include a detailed and well developed Operations Plan, and every business owner should have an understanding of the role of Operations in their organization.

Source: Source by Steve Novak


Why Team Building Exercises Are Definitely Worth It For Your Business

Why Team Building Exercises Are Definitely Worth It For Your Business

As a small business entrepreneur, you need a solid team of workers to have phenomenal results. Lots of small businesses are of the opinion that super-performing teams are critical because employees must work hand in hand, coping with problems efficiently across the company to get tasks to the end fast enough to fight with competitors on the red-hot marketplace. As teamwork is essential to a business' lead, team building exercises are imperative.

Build Trust

If you want to develop high bonds of trust amongst your employees, which is essential to the success of every business, team based activities can prove vital. Every businessman can understand the critical value of trust as a business constituent, especially when objectives and flourishing of your business relationships upon team-based efforts. When you build trust among the workers through team building exercises, they will feel more comfortable, more considered and become more effortful to enhance overall production.

Relieve Conflicts

Every business team is a mix bag of personalities sharing diverse. This fact may stem unessential conflicts. Team-building exercises letting the employees become habitate to one another's personality; can be very helpful in relieving those unnecessary disputes among them. It is also recommended to arrange as many team-building activities in neutral environment, like public parks, as possible to make them even more effective.

Boost Collaboration

Team-building exercises can set up a solider bond among coworkers who are, naturally, in habit of charging one another for issues surfacing in collective business projects. This understanding with one another can assist in boosting collaboration among them during routine business tasks as well. To inspire teamwork, if you assign exercises needing every worker to partake at once, you can go more effectively.

Practice Effective Communication

Team-building exercises teach the employees well to communicate in a team in a better way. For example; if you break your staff in two parts for some project and let them compete each other to achieve desired goal, they will become more effective in communication sharing more ideas and making every effort through collective force to beat the other.

In a nutshell, professional business planning indispensably needs team strengthening exercises. You can hire a professional team builder to come in and motivate your staff, find an geared geared toward exercises that practice sound team building techniques, or search the web for practices that have proven to be successful. Whatever route you choose, team building exercises are definitely worth it for your business.

Source: Source by Shanda Harper


How to Start a Gift Basket Business From Home on a Shoestring Budget

How to Start a Gift Basket Business From Home on a Shoestring Budget

Opening a gift basket business in your home can be one of the easiest ways to enjoy doing something you love, while making a nice profit for yourself. According to a recent government study, the home gift basket business is growing by leaps and bounds. If you have a creative mind, and like the idea of selecting unique items for gift baskets that make people happy, then this is a great business idea for you.

Learning how to start a gift basket business begins with coming up with cool ideas for creating gift baskets at home. To make this task easier for you, remember that most gift baskets have a theme like:

*Anniversary

*Baby Shower

*Birthday

*Christmas

*Easter

*Get Well

*Mother’s Day

*Retirement

*Thank You

*Valentines Day

*Wedding

When you start out with a theme, this makes it very easy for you to begin finding items that can go inside the basket. Keep in mind that you can buy the same items for each basket that shares the same theme. You can add little touches to make it more personalized for a particular recipient when required.

If you have trouble coming up with ideas for making gift baskets, you can go online and visit various sites that feature them. Use these as guides to making your own unique creations. Once your imagination has been sparked, you should have no trouble coming up with ideas.

Okay, now since you are going to be making this a profitable business venture, you need to switch hats for a moment and think like a small business person. You will need to find customers for your baskets, which means you need to set up a marketing system that works well.

If you already have a large network of family and friends, this is a great way to market yourself without having to spend much money. You can create some attractive brochures using your home computer, make up some sample baskets and take pictures of them, and include the photos in your brochure. Be sure to give your business a catchy name.

Hand out your brochures and let everyone know that you can make any type of basket for their special occasions. You may begin to get inquiries and orders right away.

If you don’t have the advantage of a large personal network, you can still get your business going relatively easy. Go ahead and name your business and make up the brochures. You should also set up a simple website to display samples of your baskets. Be sure to put the website address on the brochures.

Go out and visit small gift shops, beauty salons, doctors offices and other small businesses in your area. Ask if you can leave a few brochures with them. When people are waiting around at the counter, or for their appointment, they’ll see your brochures and take one home. This can get the ball rolling for you fast.

There are a few other things you need to know in order to successfully run a gift basket business from your home, and you can find out more by visiting a site that has a list of the best home business ideas. Starting a gift basket business is definitely one of the top ideas where you can use your creativity in a fun way to make money.

Source: Source by Brenda Ballentine


The ISFJ Marketing Profile – Sensing/Feeling/Judging Introverts As Marketers

The ISFJ Marketing Profile – Sensing/Feeling/Judging Introverts As Marketers

Most marketing gurus prescribe favorite “marketing musts” – outreach activities that they tout as necessary for any business owner, manager or entrepreneur intent on survival and growth. Sometimes the “musts” are relatively new tactics, like blogging and tweeting, while other times, the “musts” are old standbys, like cold calling or networking.

My approach is different. I encourage people to be suspicious of any across-the-board marketing recommendations that purport to apply to everyone. Why? Because one-size-fits-all prescriptions do not take into account the human factor – the role of distinct individuals carrying out the marketing advice. Over and over again, I’ve seen people struggle with how they’re supposed to market when the marketing tasks run counter to their personality.

Much easier than managing a personality transplant is to select marketing methods that fit your personal tendencies, beliefs and values – tasks that you can carry out without venturing far beyond the limits of your comfort zone. When marketing tasks match your instincts and habits, stretching you just a little, you have a much faster, less burdensome shot at success.

To explore your natural marketing style, start by taking the Myers-Briggs personality test. Let’s say the test indicates you’re an introvert – someone who becomes energized in solitude and tends to feel drained by social interaction. (An extrovert, on the other hand, feels drained and out of sorts when alone and recharges with other people.)

In the Myers-Briggs personality system, an ISFJ (Intuitive/Feeling/Judging Introvert) is a loyal, friendly, responsible and conscientious person who strives to create harmony at work and at home. Warm-hearted, hard-working and cooperative, ISFJs instinctively believe others are well-intentioned, and they are therefore vulnerable to being conned. They are quietly sensitive to the feelings of others and skilled at arranging a comfortable and tasteful environment

Personality experts tell us that celebrity ISFJs include Louisa May Alcott, Johnny Carson, William Shatner, Barbara Bush, Charles Dickens, Nancy Reagan, Melanie from the novel Gone With the Wind and Ophelia from Shakespeare’s Hamlet.

If Myers-Briggs testing reveals that you are an ISFJ, you may feel rather uncomfortable with the idea of marketing, preferring to believe that virtue, skill and knowledge should attract attention on their own. Your best marketing tactic may therefore be teaming up with someone who enjoys being in the limelight. You in turn support the partnership in ways that take advantage of your strengths, such as:

· Hosting gracious get-togethers that introduce leading figures in your field to newcomers and vice versa

· Running free, highly interactive introductory teleseminars that put everyone at ease with challenging subject matter and each other

· Creating and showing a video of you interacting effectively with clients

· Letting it be known that you are happy to work with people who feel easily intimidated, clumsy or slow at mastering certain tasks

· Organizing “meet and greet” sessions in exotic settings, such as museums, yachts or aquariums

· Sending very thoughtful, perfectly appropriate gifts to people you want to meet

· Maintaining warm, long-term relationships with everyone you’ve ever met networking

· Writing insightful and appreciative comments on the blogs of potential clients

· Following up patiently and sensitively with those who have expressed interest in becoming clients but have not yet signed on the bottom line

Tendencies to watch out for as an ISFJ include a difficulty in saying “no” to clients and volunteer projects, a tendency to become depressed when people don’t respond as you anticipated and a horror of controversy and conflict. You need a receptive audience and a positive environment to perform at your best and thrive.

Source: Source by Marcia Yudkin