vania-janet/multiturn-rag-retrieval-data huggingface dataset:
In a well-managed company, employees bring more dollars to their employers than the employers pay the employees (salary and benefits).  Employees trade potential reward for security (a regular paycheck).  Employers take on the risk of needing to meet payroll and profit from the company's income, minus expenses. The potential rewards are much higher as an employer (self or otherwise), so the ones that do make it do quite well.  But this is also consistent with your other statement that the reverse is not true; the risk of self-employment is high, and many self-employed people don't become millionaires.
Investing in companies because they are successful and growing is a common fallacy. Their stocks usually don't perform any better than average stocks because you get what you pay for. You have to consider valuation even when selecting growth stocks.
"If they have been seeing declining customer traffic, they can't get the revenue to pay things like payroll, utilities, taxes, etc.   So they might only be open those hours because anything longer they can't afford to.  You need like a community marketing blast to reach people like yourself that want to ""save"" it by going there and being paying customers.   It wont matter who runs it if no one shows up."
That's not how business works. Have you ever owned a business? Economics doesn't work that way. The market doesn't work that way. You're saying pretty words that are idealistic but those things would never work practically. You know where has laws like that? Cuba. You should see how they're doing. The reason America is America is because of the system. The most innovation comes from here. You're basically trying to neuter business. No one starts a company to with the intention of making jobs you're doing it do make money and work for yourself, and it grows. And you can't just make rules for public companies to not pay attention to profits, the entire wall street system would crash. And if you think that's fine, you don't seem to know what it is to the economy.
It's quite the contrary. If there are mass failures of banks, then the money supply will collapse and there will be vicious deflation, increasing the value of money held as cash. It's only if governments print money to bail the banks out that there's a (small) risk of hyperinflation and the effective collapse of the currency.
It's not so much too big to fail as that's just a bad policy, you are overpenalizing Walmart.   Not to mention would this be reset every so many years or would it be permanent. It's pretty conceivable that Walmart is going to live on for ages and ages right now so there could be unintended consequences of this, much like the three strikes and you're out policy works in real life.
Inspectors, permits, poor planning, and a lack of incentives/consequences.   If inspectors are needed for so much bs, local government needs to hire more of them.   Permits need to be processed in a timely manner.   Engineers and committees need to make decisions quicker.   Liquidated damages for missing completion dates and early completion bonuses work!
If you are a small business, you're likely not doing said business at razor thin margins and making your profits on volume like walmart does.  Even minor increases in wages have a sweeping affect on their margins because they are a a huge company.  It's the same principle of why McDonalds started limiting and/or charging for ketchup packets.  At scale, there are massive costs.
Tracking your steps means that you can easily and quickly review what you've done and backtrack or try another idea instead of wallowing in mistakes, missteps, or hard problems. It's really much harder than it sounds, but once you can invent more ideas to solve a problem than there are problems, you can overcome most challenges. The framework is that, you want to start a business because it serves your customers, brings them enough value and delight to pay you, and you have a way to make a living yourself and/or sell eventually or have some ""exit strategy."" You want an exit strategy so that your business doesn't become a poor paying ""job"" that you're a slave to. Because it does, and if it does, a job is way easier and makes you more money. Write down each step of your business building process, track your costs, revenue, and time, and have fun. Then, you have enough energy to ""pivot"" or change your ideas because you've set up a repeatable, improvable, process to run your next idea through with modifications along the way. You keep retrying your process for your ideas until your lifestyle is paid for (your salary) or something even greater monetarily."
Development of forward and backward linkages is also facilitated by such startup advisors. These assistances are bred out of their expertise in different verticals of the economy and their accumulated knowledge about the best practices and potential fault zones.For More Info:- http://www.startupmentor.co.in/
“First mover Advantage doesn’t go to the company that starts up, it goes to the company that scales up.” - Reid Hoffman  It's also important to note that for companies that copy a business that has a strong local component, like SpotHero, AirBnB, Uber, etc it's more of an operations game than winner takes all.  I think the general rule of thumb is that it's not always best to be first to market, as new competitors can let you take the majority of the risk, demonstrate that there is a market and strategically enter the market as a new entrant.   For example;  Friendster &gt; MySpace &gt; Facebook  Zimride &gt; Lyft &gt; Uber
Setting the goals earlier is an effective way to get success easily. As per Mitesh khatri, setting your target and working accordingly can be more successful rather moving randomly. Here in this post we will have a look on his yearly planning. Following this strategy will really work. Let's try it! https://www.miteshkhatri.com/my-goals-2016/
Is the growth sustainable at the company you're currently at?  Did you have a hand in driving a success metric at your company (either by bringing in more clients, or bigger clients than the other guy)? If so, point it out and ask for a raise before you leave.  If you leave would you be able to mimic the success you've had direct contribution to at your current position to success at the other one? If so, leverage that and the raise you asked for into higher pay at the next stop.
Moving along with the changes in the life is very crucial for growth. Changes come with various opportunities as well as threats in life. So, make changes accordingly is important. Also, understanding our own change process is helpful to personal growth and can help us to help others too.
There is no 1 2 3 to being successful. Everyone's story is different but generally there is some composition of connections, networking, dedication and opportunity involved.   Anyone offering easy steps to being financially successful is a scammer and anyone willing to buy into it is a chump.   Go out and build a network, learn and offer product/service that has demand is the most general you can be.
Get to know the people that supply the business and their relationship to the success of the business, as well as, the customers of your business.  Maintaining previous personal relationships is critical.  Where reasonable keep doing things the way dad and grandpa did it with this people.  Explain to them why you need to make such changes.  Give them plenty of advanced notice.
It is indeed not comparable. Companies move faster from one state to the next than from one country to the other. The company can move, or the activities can move. This is a quick win in your local economy. It's not sustainable but it can give the local economy a temporary boost, en then the economy can grow in a sustainable way.  But if it doesn't work on a state level, and one state cannot make it economy grow by attracting activities from other states, then how can a country do it?  I mean, it does work to some extend, look at Ireland for example, but it's not a perfect scheme, look at Ireland for example.
Most of us know that accounting is an important business activity. But, how many of you know that it is more crucial to maintain personal finance accounts? Yes, it is rather essential to plan for a successful future. How could this be referred so?
The comparison was emphatically not one that went to success of the company, otherwise there are a ton of blue chip companies that could have been cited. Instead, Dixon cites emergent technology companies who are at the top of their game in terms of bringing new and innovative products to market. It's about business plan and vision as it translates to long term success. It has nothing to do with quarterly returns.
The purchase of a running company gives entrepreneurs an alternative to establish themselves other than creating from scratch of their company. On the other hand, already established entrepreneurs can acquire a company to grow, generating economies of scale that improve their productivity. The Plan to Support the Transmission of buy a business arises from the collaboration between the Ministry of Economy, Industry and Competitiveness, through the General Directorate of Industry and Small and Medium Enterprise. The main objective of the Plan is to ensure the continuity of viable companies in danger of disappearing due to problems other than economic ones, for example lack of generational change or change of professional orientation. In this way, the loss of economic capital and jobs is avoided.
I can't believe he disrespected exit strategies.  Exit strategies are the most important part of starting a business in my opinion- being   to get out of a business with your life still in tact is crucial. I have started 6 businesses and have successfully exited 4 of them.  I know friends and family who started businesses with no exit plan and are now grinding away their lives unhappily, feeling trapped in a business that isn't worth being involved in anymore.  A lot of times things don't go as planned in business, and a clean exit is a way to move forward with life with your chin up.
It has got to do with market perceptions and expectation and the perceived future prospects of the company. Usually the expectation of a company's results are already priced into the share price, so if the results deviate from these expectations, the share price can move up or down respectfully. For example, many times a company's share price may be beaten down for increasing profits by 20% above the previous year when the expectation was that it would increase profits by 30%. Other times a company's share price may rise sharply for making a 20% loss when the expectation was that it would make a 30% loss. Then there is also a company's prospects for future growth and performance. A company may be heading into trouble, so even though they made a $100M profit this year, the outlook for the company may be bleak. This could cause the share price to drop accordingly. Conversely, a company may have made a loss of $100M but its is turning a corner after reducing costs and restructuring. This can be seen as a positive for the future causing the share price to rise. Also, a company making $100M in profits would not put that all into the bank. It may pay dividends with some, it may put some more towards growing the business, and it might keep some cash available in case cash-flows fluctuate during the year.
One thing I'll add here is that business processes can rarely, if ever, be a source of competitive advantage.  Processes are widely disseminated and often transparent, certainly to competitors.  They're important, but at best they give you competitive parity.
Finding a way to make business development work became a crusade. I got very lucky. My fourth company showed me the way. Within six months I had the beginnings of a solution. Those first insights formed the core of an innovative, potent and cost-effective approach to business development.
"Don't worry about this yet. You need the essentials first.   Read in this order:   ""How to win friends and influence people"" by Dale Carnegie   ""Think and grow rich"" - Napoleon Hill   "" The effective executive"" - Peter Drucker  Then decide what type of business you want to start and learn the details.   Bonus: ""Atlas Shrugged"" - not as practical but will motive you."
The key to becoming wealthy as a self-employed person is the drive to be successful. A driven person, who starts their own company (or companies, should they fail), will find success. Assuming that you define success as the accumulation of wealth, then yes, self-employment is correlated with wealth. But as matt mentions in the comments, there is no casual (in the statistical sense) relationship between self-employment and wealth. While I can't say for sure, I would argue that drive is more important that the employment situation.
The same applies if you were looking for a business to buy: would you pay more for a business that is doing well making increasing profits year after year, or for a business that is not doing so well and is losing money. A share in a company is basically a small part of a company which a shareholder can own. So would you rather own a part of a company that is increasing profits year after year or one that is continuously losing money? Someone would buy shares in a company in order to make a better return than they could make elsewhere. They can make a profit through two ways: first, a share of the company's profits through dividends, and second capital gains from the price of the shares going up. Why does the price of the shares go up over the long term when a company does well and increases profits? Because when a company increases profits they are making more and more money which increases the net worth of the company. More investors would prefer to buy shares in a company that makes increasing profits because this will increase the net worth of the company, and in turn will drive the share price higher over the long term. A company's increase in profits creates higher demand for the company's shares. Think about it, if interest rates are so low like they are now, where it is hard to get a return higher than inflation, why wouldn't investors then search for higher returns in good performing companies in the stock market? More investors' and traders' wanting some of the pie, creates higher demand for good performing stocks driving the share price higher. The demand for these companies is there primarily because the companies are increasing their profits and net worth, so over the long term the share price will increase in-line with the net worth. Over the short to medium term other factors can also affect the share price, sometime opposite to how the company is actually performing; however this is a whole different answer to a whole different question.
I'd start by doing a ton of research, talking to anyone you know who's in the business, making a business plan, hiring someone to consult on said plan and make sure it's feasible and potentially taking on a partner to help you with the logistics. Tons of entrepreneurs have created successful businesses without any sort of prior knowledge, but they worked their butts off in order to get it started.
"That was a thought provoking read simply because it explains the guts needed to conquer a diverse market. Never has the term ""change or die"" been more important in business, and hospitality. The more important realization here is that McDonald's started out as a simple American business platform where brute numbers were what drove its business forward. To be profitable in France, it needed to flex its muscle a little bit and show that it could also be a diverse company as well. The same goes for McDonald's in Asia etc."
The simplest way to answer that is by asking yourself what forces are against them from climbing the economic ladder?  The biggest determinant of financial success is a high school diploma and not having a child out of wedlock (kids cost $)   I am not a conservative
Back in the 1800s, the American founder and editor of the New York Tribune, Horace Greeley, advised young entrepreneurs seeking their fortune to “Go west, young man!”  However, the 21st-century business formula has been reversed to “Go east, young man!” But how far can this new concept go? To go east, to China, and do business there requires a new mindset and diligent research.  How do you avoid scams and stay clean? Read the full article at Tradegood.com
I can't agree more. If you have unique IP and know-how you can very well be a single successful proprietorship. That said you can even be more successful, if you can grow beyond that. The reality is that you have to be an exceptional salesperson, if you want to grow a pure commoditized services business. Otherwise you just keep on adding overhead and there is very little left over for you. Unless of course you make your money off the back of your employees.
"This can be answered by looking at the fine print for any prospectus for any stock, bond or mutual fund. It says: ""Past performance is not an indicator of future performance."". A mutual fund is a portfolio of common stocks, managed by somebody for a fee. There are many factors that can drive performance of a fund up or down. Here are a few:  I'm sure there are many more market influences that I cannot think of that push fund prices up or down. What the fund did last year is not one of them. If it were, making money in the mutual fund market would be as easy as investing in last year's winners and everyone would be doing it."
&gt; corporate strategy vs. corporate finance vs business development?  Broadly speaking there are different functional roles (regardless of title) that are involved in:  - Financial Planning and Analysis (FPA).  Forecasting, variance analysis (demand, supply etc.), pricing strategy, etc.  Depending on your skill set, they can be viewed as basic excel work or more complex optimization problems.  - Strategic planning, M&amp;A.  Build or buy analysis.  Market analysis, etc.  This area is more on the capital allocation side in terms of whether or not a company should buy a competitor or build their own product line/service in a given area, geography, etc.  Investment banking backgrounds are helpful here.  - Communication.  There is a side of the business involved in presenting the company's business strategy to outside parties whether that be creditors or investors (stock holders).  The 'marcom / IR' (marketing communications, investor relations) side of the business involves presenting the company's strategy, forecast and results to outside parties.  This could also include the board of directors or senior management.  If you have a strong quantitative background at the engineering level, your ability to take differential equations and translate that to forecasting/econometric time series won't be difficult.  But for a lot of people that will be overkill and they only want basic Excel skills and understanding of finance/accounting.
Yes, but that is more of a problem in the long run dynamics of companies. In the short run they aren't changing the person in charge. It seems weird to assume they will stop trying until we see an actual strategy shift that seems short sighted.
your request was fine. Business is multi-disciplinary and requires seeing things from many aspects, changing your perspective regularly. Our CEO changes which dimensions to evaluate his business every six months - at the top is porfitable growth, then every aspect of the business that influences that outcome is flipped and re-examined.   He's been remarkably successful his entire career
how many of these changes did I think of before-hand and want to enact? About half.. so we've got a significant number of successful ideas that I personally hadn't thought of, everyone's happier and working harder for the business, and we have a bright future. I have more ideas too, and people listen to and respect them now just like I have with them. I think that's the key to it all really. Show your employees respect, and they'll show you it in return."
"In short: management wants something because somebody said some vague idea.  Management does not really know why the idea should be done! ROI? Good idea? Is there a need for the idea?  Let's not forget that to begin with, management does not know how to execute, implement or design the idea. Never!  The idea is sent to IT to think and do all the above.   IT will never fight Management and do serious work on the first part: Should the idea be done? ROI? Need for the idea? Business Analysts in IT are notoriously knows to be clueless except to write down ""requirements"" that some Business people said.  So, IT concentrates on the 2nd part: implement and design a solution for the idea.  And between the 12 people in IT working on the design and implementation, non of them have background in Business, Marketing or Accounting, the results are predictable.  How it should be done? You have an idea? You and only you work with all the stakeholder on all aspects of evaluating and implementing the idea: from research about the validity and feasibility of the idea, to checking and working closely with the design and development team as YOU try to implement the idea."
This is supply side nonsense. The primary driver of growth is demand. If demand is growing, then lower taxes will allow the company to meet growing demand faster. However, if demand is stable and currently being met by the company, reducing taxes will only enrich shareholders at the expense of society at large. Unless there is growing demand, a corporation will always choose to allocate profit via tax cuts to shareholders rather than to employees in the form of jobs or raises.
"The company released its 2nd Quarter Revenue of $1,957,921 a couple days ago however the stock did not move up in any way. Why? If the company is making money shouldn't the stock go up. During the time between earnings announcements, analysts occasionally publish their assessment of a company, including their estimate of the company's value and future earnings. And as part of an earnings report, companies often include ""guidance"": their prediction for the upcoming quarter (this will frequently be a conservative estimate, so they're more likely to achieve it). Investors make their purchase and sale decisions based on this information. When the earnings report comes out, investors compare these actual returns to analysts' predictions and the company's guidance. If their results are in line with these predictions, the stock price is unlikely to move much, as those results are already incorporated into the stock price. If the company is doing better than predicted, it's usually a good sign, and the price often rises; conversely, if it's doing worse, the price will likely fall. But it's not as simple as this. As others have explained, for long-term investors, stock prices are based on expectations of future activity. If the results of that quarter include some one-time actions that are unlikely to repeat, investors will often discount that portion."
Actually, what he wrote was: &gt; If American is to succeed in the years ahead, it must pay wages and benefits, and operate using work rules, which produce labor costs equivalent to or – while American gets itself back on track  –  lower than those of its major competitors. In the long run, no successful service company can offer compensation and working conditions that are materially different than those of its competitors.
A vision is the most potent force underneath a business. Achievable dreams that keep you interested and enthused all through the course of a task can be defined as vision. When you start a business, you envision for yourself where do you want to see your organization after a specified period and then every plan or policy revolves around that vision. You can adopt some simple tips to stick around your vision effectively