What Is The Secret Characteristic Of The Successful Entrepreneur

Most people fantasize about creating a successful business in order to live their dream life. But reality hits and they realize that they start to worry? How did entrepreneurs like Robert Kiyosaki or Oprah Winfrey become successful?

Successful entrepreneurs are visionaries. They are clear about what they want to accomplish and develop a strategy to achieve their goals.

The first step is to define what success looks like for you. If you haven’t identified what success looks like for you, how will you know when you’ve achieved it? Someone once said, “If you aim at nothing, you’ll get there.”

Take some time to reflect and ask yourself some important questions, like:

* Why did you start your business?
* What do you want to accomplish with it?
* What motivates you to continue building your business despite the challenges you face?
* Are you creating extra income for your children’s college education?
* Do you want to spend more time with your family?
* Are you tired of working for someone else?
* Do you want to travel to exotic places?

Then define what success would look like for you. Be very specific. How much money will you make? Where will you be living?

Would you be giving to charities? Who would benefit from your wealth? Imagine yourself in your new home. Visualize yourself making a larger contribution to the charities of your choice.

Imagine yourself going on your dream trip. Where would you go? Who would travel with you? What would you do? What would you see? How would you feel to arrive there after dreaming about it for so long?

Imagine working from home and having the freedom to spend more time with your family. What would that feel like? How would the relationship with your children and/or spouse be affected? What would you do differently? Would you go on more vacations? Plan more fun activities with your children?

Write out the vision of your successful business in vivid, descriptive language. State exactly what you will be doing and with whom. Describe how your business success leads to improved relationships with your spouse and/or children. Include references to the charities or individuals who will benefit from your wealth.

Keep a copy of this masterpiece by your bed. Read it every night, before going to bed, experiencing the accompanied emotions. The key to becoming a visionary is to stay connected to the feelings that your vision evokes. Imagine how you will feel when the reality unfolds.

Every day spend time visualizing your business success. As you become very clear about your vision of success, the solutions to your challenges will unfold. You don’t have to try and figure it out by yourself. God will guide you to the answers to your problems! You are not alone.

So, hold a clear description of your business success. Write out your vision. Stay focussed. Amaze yourself as you become the successful entrepreneur of your dreams!

Arun Panchariya- A Humble Entrepreneur

If you belong to the world of banking, marketing and finance, Arun Panchariya doesnt need to be introduced to you at all. Winner of Asian Achievers’ Awards in 2010, regulated by the Financial Services Authority of the United Kingdom, he was rightly tagged as “Platinum Business Person of the Year”.
He started off in 1992 with a small family owned organisation-Alka Textile Mills, which provided traiding of textile commodities and goods. Being a quick learner, he learned from every experiance and very soon he made a quick move-on to the bigger obligations.
In 1998, he joined Panchariya Gin Pvt. Ltd. where he got experiance of the ginning industry. After an efficient management of trading business, he started a better focus on the industry of finance and banking. He used to handle audits of Reserve Bank of India and meanwhile, he learned all the banking policies, and attended a number of seminars to keep himself updated with the latest things happening in the banking industry.
By now, Mr. Arun Panchariya have had about 20 years of rigorous and exhaustive experiance in the field of services of finance which undertake all kinds of retail, Investment and Private banking. He was the founder member of an FSA regulated firm in Britain and the honoured president of DFSA regulated firm called ‘Vintage FZE’ in Dubai, UAE. Under the patronage of Arun Panchariya, this trading firm in Dubai got its turnover jumped from US$133 million to US$141 million!
He has spread his influence all over the world. He is a dedicated businessman with a keen intrest towards travelling through the world. In his words, he is business travelling out of his home for 20 days on a monthly average.
During the year 2007, Arun Panchariya started working on building a structural set-up for himself to enter in the world of investment banking. He worked for a fund management company in Mauritius caled Cardinal Capital Partners(CCP). He was soon promoted by CCP to IFCF. He had some of the best experiances of his life from this place but he resigned from IFCF in June, 2010 to carry on his committments at EBAL.
During the present days, Mr. Arun Panchariya is working as a Director and Partner of a a private equity and corporate finance firm – SIGNATURE GROUP. He is largely concentrated on the rising markets of countries like India and Africa.
Mr Arun Panchariya has intrests in sports, especially Polo. He is a great believer of God and the Karma Theory. Being a religiously inclined person, his faith in being a good person makes him a humble and polite personality.

Environmental And Social Standards In The Fashion Industry

Environmental, social and ethical pressures on the global textiles and fashion sector emerged in Europe in the early 1980s. The main driver was consumer concern over the safety of the materials. However in parallel with this trend, a minority group of ethical consumers demanded chemical-free and low environmental impact clothing and fashion goods. This resulted in the European and later the US organic labeling system being extended to include criteria for clothing and textiles, such as organic cotton. As of 2007, the sector was the fastest growing part of the global cotton industry with growth of more than 50% a year. With reference to safety standards, primarily addressing consumer concern over chemicals in textiles, the Oeko-Tex standard has become highly popular in the industry. Although unknown to consumers, It tests for chemicals such as flame retardants in clothes and categorizes goods according to their likely exposure to humans (e.g. baby clothes must adhere to the strictest standards for chemicals). Thus the issue of chemicals in clothing has become largely one of liability risk control for the industry with the consumers obviously expecting products to pose no risk to their health. Organic and eco fashion and textiles attracts a far smaller, but fast growing group of consumers, largely in Western Europe and Coastal US.

Of far greater concern to the global fashion sector is the issue of worker welfare. The issue was highlighted by pressure groups such as Global Exchange in the US targeting Levis and Nike and others.
In the late 1980s and early 1990s anecdotal evidence began emerging from labor activists in the US and Europe concerning the supply chains and overseas factories of leading US and European multinationals. A key target was the world’s leading maker of denim jeans Levi Strauss, but more significantly Nike, the world’s largest sports shoe marketing firm. Global Exchange launched its Nike Anti Sweatshop campaign, focusing on the firms sourcing in China and Indonesia.

Issues included child labor, minimum wages, working hours and employee benefits. Activists argued that such issues should not differ too widely from standards mandatory in the West, while Nike argued at the time that differing national economic and social conditions dictated different standards globally. A good deal of negotiations and stakeholder meetings led to a generally accepted code of practice for labor management in developing countries acceptable to most parties involved. The SA 8000 emerged as the leading industry driven voluntary standard on worker welfare issues. SA 8000 supporters now include the GAP, TNT and others and SAI reports that as of 2008, almost 1 million workers in 1700 facilities have achieved SA 8000 certification. Such a certification requires investment in the process but also more significantly in changing labor practices such as wage structures. It is clearly being driven by large US and European multinationals that may require certain suppliers to gain certification.

The Fair Trade movement has also had a significant impact on the fashion business. The standard combines a number of ethical issues of potential concern to consumers environmental factors, fair treatment of developing country suppliers and worker welfare. The Fair Trade label has show explosive growth.

Albeit on a very small scale and not always at the top end of the fashion industry, many niche brands have emerged which promote themselves primarily on sustainability grounds People Tree in the UK states that it creates Fair Trade and organic clothing and accessories by forming lasting partnerships with Fair Trade, organic producers in developing countries. Leading fashion journal Marie Claire ranked its top 10 eco brands in a recent issue. The key issues remain chemicals in clothing (certified by organic and Fair Trade labels), worker treatment (certified by SA 8000 and Fair Trade) and increasingly mainstream environmental issues such as climate change. The Carbon Reduction Label verifies a products cradle-to-grave carbon footprint, although is not specific to clothing. Mainstream brands such as Louis Vuitton, Gucci, H&M and Zara have been slower to make firm commitments on the full rage of ethical issues due to the difficulties of switching their supply chains and products lines completely in favor of organic or Fair Trade certified or other standards and norms. They are however, moving slowing to ensure they capture the market if it becomes significant the worlds largest fashion brand Louis Vuitton recently acquired a small eco fashion label. It is clear, however from the example of Nike and Levis, however that certain issues are here to stay, such as a demand by Western consumers that leading brands manage the issue of worker welfare in their supply chain properly.

Tempe Entrepreneur Joshua Hadley Nominated as Ernst and Young Entrepreneur of the Year Semifinalist

EY Award Semifinalist Recognized For Great Leadership in Entrepreneurial Venture

Tempe, Arizona, May 08, 2014 – Local entrepreneur and Now Communications Founder and CEO, Joshua Hadley, has been chosen as a semifinalist for the Ernst and Young Entrepreneur of the Year Award. This prestigious award celebrates business leaders who wholeheartedly believe in their mission, embrace and take on challenges and want to make the world a better place for the future generation.

The EY Entrepreneur of the Year Award celebrates strong entrepreneurs who creatively find ways to raise capital and grow their enterprises and Joshua Hadley is no exception. He started Now Communications in a friend’s spare bedroom in 2009, and has since transformed his media company into the preferred DirecTV retailer and the top volume dealer in Arizona.

Hadley was acknowledged for excellence in the topic of telecommunications, as one of the winners in the state of Arizona for 2014.

Hadley is excited to pour that momentum in to his new venture Farmers Brand, which developed Green Lightning, a safe, all-purpose fertilizer product with a groundbreaking Nano Organic Technology that creates rapid nutrient absorption and amazing growth in all plants.

-Arizona is a great place to raise a family, and I want to give back by creating a 1,000 jobs in the next 5 years with this amazing product,- said Hadley. “I believe that if we focus on making the world a better place through entrepreneurism, we will make a huge impact on the quality of life.”

Hadley is honored by the Ernst and Young nomination and for the chance to be mentioned in the likes of many great entrepreneurs who had previously won the Entrepreneur of the Year Award, such as Dara Khosrowshahi, President and CEO of Expedia, Inc., Nicholas Woodman, Founder and CEO of GoPro, Spencer Rascoff, CEO of Zillow, Inc. and John Sperling, Founder of the Apollo Group.

-I am honored and grateful to be counted among the Ernst and Young Entrepreneurs across the globe, it is an extremely elite class. Ernst and Young is an amazing company with a high level of operational integrity, in the world of business they are as good as it gets- said Hadley.

As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them in more than 150 cities in more than 60 countries. Ernst & Young is a global leader and are committed to building people’s trust in professional services firms and the quality of financial reporting. Their Entrepreneur of the Year program is meant to honor those entrepreneurs who have a good idea and an even better method of making that idea happen.

Now Communications was also on The 2013 Inc. 500 List, ranked number 36 for one of the fastest growing companies in the country.

About Farmers Brand: Farmers brand is a company dedicated to creating amazing products for an amazing world. Our team is passionate about creating premium quality products that can be enjoyed by consumers everywhere.

We have a team comprised of INC 500 executives, retail experts, and an advisory team with Wall Street and main street experience. We love solving problems and are dedicated to providing the market with revolutionary products that make the world a better place. Learn more at http://www.farmers-brand.com/

Contact: Scott Kelly Black Dog Promotions 9920 S. Rural Rd., Ste 108 Tempe, AZ 85284 480-206-3435 http://www.blackdogpromotions.com

Why A Business Model Is So Important

A business model explains the rationale of how a company establishes, provides, and captures value. It includes the product or services offered, sources of revenue, customer base, organizational structure, strategies, operational process, and financing. Basically, the methodology and infrastructure of a business combine to form the business model. This model should be created long before a business opens its doors.

Before starting a business, an entrepreneur should be aware of the basic process for building one. This knowledge proves valuable when creating the business model. Certain aspects of infrastructure, operations, and strategic thinking have proven successful, while others are destined to fail. Being able to distinguish one from the other enables a business owner to avoid the pitfalls. A business with a model that maximizes opportunities and avoids threats is positioned for long-term success.

Sales are an important aspect of the business model and this is where proven methods really shine. By learning how to quickly generate income from sales, any business can get out of the growing pains stage much faster. The sooner a company can pass through this phase, the less likely it is to become a statistic. Quick success is especially important in the online world, where competition is particularly fierce. When a company becomes financially independent, so will its owners, and this is a much more comfortable way to live.

Closing a sale successfully is what leads to income so a business model should include information regarding closing techniques. These should be based on success achieved by other businesses and should be shared with the entire staff. Every employee serves as a mouthpiece for the organization so it only makes sense that each staff member be skilled in closing a deal.

Prospects have many excuses, especially during times when money is tight. They may be fearful of making a purchase because they do not want to spend their hard-earned money. Some of them convert this fear to aggression, placing pressure on the business. Staff should be trained in handling these situations and know how to convert negatives like this to positives.

Leaders in business know what it takes to achieve and maintain a high level of sales. It is not unusual for them to have salaries into the seven figures. By incorporating what they do and how they do it, any business can realize similar results. A sound business model can result in an entrepreneur making more money than ever anticipated.