idaconcpts.com – Page 5 – Ideas and Concepts from Damian Davila

The Top 5 Lessons Entrepreneurs Can Learn From MBAs

There’s a growing sentiment that anyone can start a business, regardless of their background. All you need is a great idea, and a willingness to put in the hard work — and the ability to handle setbacks — and you can start a successful business.

Whether or not that is the case is up for debate, but one thing that isn’t debatable is that business education, specifically an MBA, is immeasurably valuable for entrepreneurs. The lessons one can learn while studying for an MBA can be applied to nearly every aspect of life and business, and the hands-on, real-world skills gained through the study of business can actually make it easier to run a business and prevent some of the setbacks and difficulties that many entrepreneurs face.

While typically students must take practical coursework to learn the principles of business while they earn an MBA degree (click here to learn more), there are also a number of theoretical lessons learned as well. Whether you are just starting out with your own business or you have several years of experience under your belt, learning these lessons can help you run your business more successfully.

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8 Lessons About Startups From Motivational Speakers

Entrepreneurs are a strange breed. More than anything, they aspire to autonomy and self-started success, and they harbor the confidence and passion to achieve it, yet many remain hesitant to blaze their own business trail, fearing the consequences of failure. Indeed, failure is always a possibility in the business world, but that risk should not scare an eager entrepreneur from chasing his or her ambition.

The following eight lessons will motivate entrepreneurs to forget the risks and launch their startups as soon as possible.

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7 Tips for Managing Your Money More Effectively

Whether you’re living large as a millionaire or struggling to get by from paycheck to paycheck, you can always make some improvements to your personal money management. Turns out that one in every three Americans lack a future financial plan.

The Oracle of Omaha said it best, “Someone is sitting in the shade today because someone planted a tree a long time ago”. The key to financial success is to have a plan. To help you get started with one or strengthen your current one, here are seven ways to save and spend your funds more efficiently.

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5 Partnerships That Will Increase Your New Small Business’s Chance for Successs

In many ways, there has never been a better time to start a small business. Interest rates are low, the economy is doing well, and technologies that can make your work more efficient and effective are getting less and less expensive. Still, even the best-run and best-funded small businesses could use a little help in the revenue-generating department. Depending on the industry you’re in, a partnership may go a long way in shoring up your bottom line. Here are five options to consider if you’re looking to increase your chances of success.

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Don’t Get Harpooned in a Whaling Scam

It’s Monday morning. You arrive at work bright and early, ready to tackle the day. When you log in to your email, you see a message from your boss marked urgent, and asking you to initiate a wire transfer of $100,000 to cover some consulting fees. Wanting to impress your boss, you do as you’re asked — only to find out a few hours later that your boss never sent the email, and your company is now out $100,000.

Congratulations. You’re now the victim of a whaling scam.

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Insider’s Guide to Choosing the Best Domain Name for Your Site

It sounds so simple: Just choose a name for your brand-new website. Shouldn’t be hard, right? Just go with “name of your business dot com” and you’re done.

But wait. You’ve finished building the site and are ready to register the domain name, but there is already a website with that domain name. Or maybe you just want to come up with something else, something unique and memorable that says more about your brand. Either way, you need a domain name, and suddenly what seemed like a simple task feels like the biggest decision you’ve ever had to make.

It’s easy to figure out how to make a website on your own with sites out there featuring easy-to-use templates to quickly get you up and running. Especially simple if you chose a provider that offers free domain name registration, which is now where your focus turns to. While you can update and redesign the site anytime you want, the domain name is often much more permanent.

To help you out, here are six best practices for choosing domain names that will take some of the guesswork out of finding the perfect name.

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6 Ways to Get Into a Career in IT Without Quitting Your Job

Changing careers is something most people do a lot over the course of their life. Whether due to a shift in the marketplace or a shift in interest, tackling something new can often prove to be a boon to your bottom line and quality of life. That being said, changing careers isn’t something that happens overnight or without proper preparation or forethought. From going back to school to investing in training or other certification, a shift to a career IT often takes both time and money.

If you’re looking to make a break for it and take your career in a new direction, but aren’t in a position to quit your job to get the necessary training and experience, don’t lose hope. Here are six ways you can break into an IT career without ceasing to draw the paycheck that’s currently paying your bills.

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Top Ways to Utilize Mobile Marketing and Payment Options Today

No matter what type of business you currently operate, or plan to open, in this day and age it’s important to keep up with the advances in technology that are changing the way companies interact with, and sell to, consumers.

New technologies haven’t just created whole new industries, products, and services, but also put more information and power in buyers’ hands than ever before. Today, consumers want to be able to pay for goods how, when, and where they choose to, as well as receive information that has been personally customized just for them.

The prevalence of smartphones, in particular, has really led to a variety of new marketing and sales techniques that are beneficial for both customers and businesses. Organizations can now make it easy for consumers to purchase at any location by using the best mobile credit card processing, as well as send customers specifically targeted information, rewards, tips and more.

If you want to get in on the mobile payments action, now is definitely the time. Read on for the lowdown on how you can best use smartphones and related apps in your business today.

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5 Big Business Concepts That Startups Need to Steal

Most people understand that running a small business is a completely different experience than running a major corporation. However, despite smaller budgets, smaller teams, and a different playing field, many of the business principles that form the operational foundation for large companies apply to small businesses as well. In fact, there are several concepts that will benefit even the smallest businesses.

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