Article Written by Wesley Virgin Achieving self-made billionaire status puts you in a class by yourself. There are individuals who have achieved success via perseverance, determination, hard effort, and being in the ideal situation at the perfect time with an excellent idea. Wesley Virgin offers three money tips from the rich and famous! About Wesley Virgin Wesley Virgin is a multi-faceted businessman who has also written books, gained notoriety as a guru, served in the Army, and worked as a computer engineer. Wesley Virgin is a successful author as well. Chris Sacca- Be A Cheap Skate Chris Sacca is renowned as a digital venture capitalist for having the Midas touch. He contributed early on to Kickstarter, Twitter, Uber, and Instagram. These helped make him a multibillionaire. Young adults who want to increase their portfolios should refrain from making purchases, according to Sacca. Instead, he suggests that you be frugal and set your priorities straight for the long run. Reid Hoffman- Have A Lifeboat In addition to being a co-founder of SocialNet and LinkedIn, Reid Hoffman also served as PayPal’s COO. You have Plan A, your current strategy, and the company you’re trying to start. You also need a backup plan, or Plan B, to which you will transition if Plan A fails. Warren Buffet- Live Simply And Invest In Yourself The CEO of Berkshire Hathaway appreciates being a generous philanthropist, has modest preferences, and leads a thrifty lifestyle. Identify your shortcomings and take action to overcome anything that might be preventing you from moving forward. “Nobody can take away what you’ve got in yourself; everybody has potential they haven’t used...

Article provided by Revdex.com Negative reviews are common and part of doing business in a world where online sales are on the rise. Knowing how to respond to negative feedback can mean managing a dissatisfied customer and reducing the negative impact of an unfavorable review. Here are some simple tips that can help businesses stay professional when responding to bad reviews. Stay calm – Negative reviews can be difficult especially if you own a small business. Getting emotional when responding to a negative review will not only anger the customer further, it may also result in additional negative reviews on multiple platforms. Instead, stay neutral and avoid responding until all the facts have been considered. Listen to the feedback – Understand what the customer is trying to say by reading and rereading their feedback. Modern customers offer their feedback over the phone, via email, social media, and through private customer review websites such as Revdex.com, TripAdvisor, and Yelp. Use notifications to alert the company when a review has been posted, which can make responding to reviews quick and easy. Ask questions – Speak to your customers as they will always be willing to offer suggestions, that can help eliminate unnecessary procedures, policies while improving the product or service. Own up to the review – A company that accepts its faults is more likely to get a better response from a customer while maintaining the customer’s trust and loyalty. Apologize and offer the customer options in the form of compensation. Being discouraged by negative feedback will only make a business less competitive. Instead, Businesses should learn to understand their customers and work with them to better their product and service offerings. A positive business attitude to negative reviews can help to manage disgruntled customers while maintaining their trust and loyalty. Revdex provides a place for consumers to read online business reviews and report bad business experiences. Revdex’s aim is to improve the connection between consumers and businesses. Consumers can find new businesses and services and businesses can create profiles to be found. Consumers can report internet scams or file complaint about health...

Article by  Pierre Zarokian CLAIM: What Small Businesses Need to Know About Unfair Business Practices and Anti-trust Laws Small businesses often face stiff competition from larger businesses, and as a result they may resort to strategies that they think will help their business improve its performance. Occasionally, because of a lack of understanding of federal laws, these strategies inadvertently violate federal antitrust laws. By not knowing what business practices are considered unfair by antitrust laws, small businesses are leaving themselves open to serious federal charges and a loss of their business. This article is intended to help small businesses understand the basics of antitrust laws so that they know what business practices and strategies to avoid in the future. Monopolization Most people have heard of monopolization of a market, and most people know that law prohibits this practice. Unfortunately most people don’t know or understand what types of business practices actually construe monopolization of a market. Monopolization can occur in any size of market from a small local market to a national market. Monopolization involves any one of the following business practices: acquiring competitor’s businesses in an attempt to maintain control of a monopoly position in a specific market, controlling market prices through various means, and excluding competitors in a market. Unfair Business Conspiracies Conspiring to maintain the prices of services and goods in a particular market is considered to be an unfair business practice. The first type of conspiracy that is prohibited by federal antitrust law is conspiring with competitors to control the price of specific services or goods. For example if all the tire stores got together to discuss how specific tires should be priced, they could be charged with a violation of antitrust laws. The second conspiracy that is prohibited by federal antitrust laws involves the conspiracy of one group of companies to boycott another company or supplier. This conspiracy inhibits the ability of another competitor from entering into a market, and inhibits their rights within a free market system. The final conspiracy that is outlawed by federal antitrust laws involves market territories. It is against federal antitrust laws for competitors to get together to discuss the division of a market into territories or assigning specific customers to specific businesses. Again this practice is unfair because it eliminates the free choice of a customer in regards to who they want to give their business to, and it inhibits the functioning of a free market system. Using Company Power within a Market to Gain an Unfair Market Advantage The final business practice that is considered unfair by federal antitrust laws is the use of market position to coerce suppliers into giving your...

Summary: Before opening a gelato shop, the most important points to consider: who is my target market? how do I start? where do I open? how much investment will I need?. Frozen yogurt stores have become popular as they are considered a healthy treat that the whole family can enjoy. Most frozen yogurt stores also offer an array of healthy toppings like fruit and nuts, which help each customer to customize their order. Here are a few important questions and answers you should consider before opening your frozen yogurt store. Who should I target – Frozen yogurt is for everyone, but in most cases, you should be targeting families with children and health-conscious consumers who are looking for a dessert treat without too many calories. Families with children will be looking for a kid-friendly space, that is colorful and one that includes a small play area. The younger health conscious market will want a variety of healthy options where the calories on each dessert is stated on the menu. What should I do first – You will have to conduct some market research and create a business plan that will highlight your target market(s), their income levels, what products they want and the current places they visit. How do I pick the right location? – The right location should provide your store with a lot of foot traffic. Look at a location near a gym, college campus, elementary school, or in a shopping center. How much does it cost to start a yogurt shop? – Frozen yogurt supplies can be costly and can vary in price depending on the quality and the size of the equipment you require. On average, start-up costs will vary from $10,000 to $50,000 for opening an independent frozen yogurt shop. You will also need to include serving equipment like fruit, candy and syrup dispensers, plastic gelato cups, and tasting spoons, to serve your...

Article written by Online education resources The simple fact is this: the demand for energy is high and expected to grow dramatically as more developing countries attempt to power a growing industrial sector. In the age of exports and technology, the great equalizer is power. We’ll have to collectively figure out how to handle a baseload that has grown higher than ever before, and we’ll need to do all of this without polluting the planet. Here’s how supply and demand may play a role in this complicated equation. Supply Right now, the world’s supply of oil is in dispute. There’s a great deal of conflict surrounding fossil fuels, and some countries are finding it far too expensive to continue using. There are a few issues, according to the Union of Concerned Scientists. First, supplies are difficult to access. Since 1994, drilling for oil on American land has been difficult. There are many environmental concerns with surface drilling. Renewable energy has been viewed as a favorable alternative, but the technology is still new. There is also the problem of where to build, as Peter Banner of Support Resources, Inc. says: “Increasingly, we are seeing both local regulatory and local neighborhood opposition to wind farm development.” That opposition slows development, which means it can’t contribute enough to the baseload. Demand As you can imagine, the baseload in a developed country like the US or China is quite high. It’s even higher in a place like India, where factories are using power inefficient machinery and manual labor in a poorly regulated environment. The baseload for such a populous area exceeds that of the US or China already, and will only get larger as time goes on. As Dev Randhawa of Fission Uranium puts it: “The case for nuclear energy is really the case for keeping the lights on.” Nuclear is one of the only clear ways to provide the energy necessary meet that baseload, without polluting the environment as heavily. It even helps preserve fresh water, as reactors can be cooled with sea water. Final Thoughts Ultimately, we’re left with a hybrid of several fuel sources. Renewables, and potentially fossil fuels, will play a role in the future of energy. However, the backbone may require something like nuclear, which can meet these high demands with fuel-efficient and environmentally friendly...

Article written by Internet school reviews Old Navy is an iconic American brand, since its launch in 1994. The retailer offers wallet-friendly clothing from babies to adults. Although the store offers bargain prices, here are a few more ways to save money at Old Navy. Register for text alerts – You can receive $5-$35 discounts by just texting “6046” to 653-689. Like them on Facebook – Once you like them on FB, you will receive notifications on special deals and sales. Pay with a Gap Inc. brand credit card – You can earn 5 points for every dollar you spend at Old Navy, Gap, Banana Republic, and Athleta. Once you earned 500 points, you will receive $5 off your purchase. Ask for a price adjustment – Old Navy will adjust the price of an item if it goes on sale within 14 days. Shop the famous $1 flip-flop sale – This is a one-day event in June and Old Navy is a must visit. Look for prices ending in $0.47 – Prices that end with $0.47, indicate that this is the final markdown price. Therefore, this is the best deal you will be offered. Make your way to the outlet store – The Old Navy outlet store has even lower prices and can be easily located via the Old Navy website. Look for markdowns on Sunday and Monday – These days are the most likely for the store to place items on discounts....