Working for Free as a New Startup Business Owner

Working-for-Free-as-a-New-Startup-Business-OwnerStartup companies are usually drawn out with only a basic idea. When that idea blossoms and plans begin to slowly roll into place, exponential growth and revenue start playing a role. Customers flock by the thousands and leads become somewhat of a bore. You’ve finally made it.

This may all seem like a dream and with the best of the best out there competing against you; the odds don’t work in your favor. But every startup company has to begin somewhere. You need your first customer and that first paycheck. You need the “free” investments where you essentially give away your product for case studies. You need to experience all of these things to be able to make a splash as an entrepreneur.

Javier Loya CEO of OTC Global Holdings says: “Consider working for free as an investment. If you are barely starting as a company, you need to spread word about what your company is about and why you’re qualified to do what you claim you do. Skepticism often occurs when people think about services offered mainly because they don’t really know what to expect. This is where you shine.”

One small “yes” can create the exposure that your company needs to be able to attract the public. While it may be tempting to increase your prices tenfold after getting your first customers, you have to remember that you are still swimming in the shallow end of the pool. “Hard work does pay off, and committing yourself to the nuances of free work in the beginning of your career could potentially be the best decision that you ever made,’ adds Javier Loya  of OTC Global Holdings.

Create Abundance by Zhang Xinyue, A Book Review

In the book, Create Abundance, Zhang Xinyue explains how to use words to convey powerful images. By choosing the right words, we can cause someone to alter what they believe about certain subjects. Great orators have been able to completely change the beliefs of a whole society. We forget how powerful our words can be.

You must begin to assess your current thought life. Examine what you believe. Think about the way you speak and the things you say each day. Makes notes about these things. Sometimes we say things and don’t even realize how they sound. So, write down what you say. Look at it. Are you okay with this? Do you have limiting beliefs in certain areas? Be honest with yourself.

We tell ourselves that certain beliefs are okay. We don’t really think about what it all means. As children, we all have flaws but as we become adults, we are responsible to change how we think and what we say. Toxic words produce negative effects. You and others may suffer. As we become the best version of ourselves, we begin to live at a higher frequency. Life is better there. It’s fuller and richer.

Below is a quote from the book, Create Abundance by Zhang Xinyue:

“It is time to change the patterns of the past so we can enjoy a richer future. Instead of being doomed to repeat the cycles of devastating losses, why not shake off the shackles of old thinking to create a totally new lifestyle?”

True Abundance is Connected to Your Heart

The article was provided by The Global Spiritualist Association

Creating abundance has many meanings. Money is important where money is important, but it is equally important for you to achieve your perfect lifestyle. Your lifestyle or your desired lifestyle is directly connected to your heart. Your heart must be at peace with your life. It follows that, if your lifestyle (or desired lifestyle) is connected to your heart, then that’s where your wealth can be found -in your heart!

Once you realize that wealth is connected to your heart, then you may conclude that all you are truly seeking is personal power. Personal Power gives you the ability to choose what you want to do. For instance, if you were a millionaire, you could live anywhere you wanted and drive any type of car. Would this truly make you happy?

Somewhere along the way in your life and in many other people’s lives, we have connected money to personal power. Throughout our lives, we are seeking something that can come as quickly as it goes. We focus on the tool that creates rather than focusing on the Toolbox that carries the wealth.

Close your eyes and imagine the lifestyle you desire. Try to truly feel it, touch it and hear it. When you go through this exercise, become aware of all your senses, all your modalities.

How much money did you need to enjoy that experience? Your personal power is not achieved through financial gain; you already have it in your heart and don’t let anyone take it from you.

The Global Spiritualist Association was founded by teacher Zhang Xinyue in the year 1999 with the goal of bringing in the best Spiritual Teachers from various professional fields around the globe. The Global Spiritualists Association is well-known for focusing on creating a platform with international impact to exchange ideas for spiritual growth.

How to prevent negative customer reviews from hurting your reputation

Article provided by Revdex.com

Online reviews have become an important aspect of customer purchase decisions as more customers read reviews and shop online. Though positive reviews boost sales, one negative review can greatly affect a customer’s decision. Preventing negative reviews is a smart way for businesses to manage and monitor their reputation.

As a business it is important to be concerned about the following:

Several of negative reviews – Although some bad reviews can help to manage customer expectations, several negative reviews can cause customers to seek out competitors. Balancing both good and bad reviews can maintain a steady rating that can let the customer know that the company offers a quality product or service. Customers will use multiple platforms to review products which include contacting the company directly, emailing, posting on social media, or using private customer review sites such as Revdex.com, TripAdvisor, and Yelp.

Consistent negative reviews – If negative reviews follow a similar pattern it will indicate to the customer that a company’s procedures are not being changed. Additionally, it lets the customer know that they too may encounter the same problem.

Reviews that address serious allegations – Allegations that state that employees mishandled a customer can discourage customers from choosing a product or service. Investigating such allegations can be the best way to address such reviews before they become a problem.

When a company is faced with bad reviews introducing procedures that identify and contact the customer immediately can greatly reduce its impact. Additionally, an empathetic professional attitude can calm a disgruntled customer and open communication channels which can help to address the issue.

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.

For example you can file complaint against mobile provider or file complaint about travel services.

How to manage and monitor online reviews

With countless online review platforms, customers are being encouraged to review businesses at every purchase. Making responding to reviews a key aspect of maintaining customer trust and satisfaction. The following proactive steps can help businesses respond and manage complaints while minimizing their effects.

Respond quickly – Reviews can change a customer’s perception of a product and damage a business’s reputation. Responding to both positive and negative reviews quickly can indicate to the customer that their opinion is being acknowledged. For negative reviews respond by letting the customer know that the complaint has been seen and that the issue is being looked into. Quick responses to negative feedback can help calm a customer and reduce the need to complain on multiple platforms.

Tailored solutions – Customizing a review to suit a customer’s complaint can help a customer stay calm until a resolution is reached. It additionally displays to the customer that their problem is being dealt with personally.

Check social media and review websites often – Notifications can help alert, monitor, and manage reviews.

Trained customer service personnel – Trained customer service personnel will know how to speak to customers in a polite, professional manner even when they are spoken to unprofessionally.

Research also indicates that although customers accept small businesses to respond quickly with personal responses, they do not expect large chain businesses to take on a personal approach. Therefore larger businesses can see an added benefit and increased customer satisfaction ratings by focusing on managing their reviews.

Revdex is an online business directory. Revdex’s aim is to improve the connection between consumers and businesses. They provide the customers with an opportunity to browse and post negative complaints and reviews about businesses and they make it easier for their voice to be heard by the companies.

Consumers can report internet scams or file complaint about health products.

How companies effectively handle negative social media complaints

Complaints Key Showing Complaining Or Moaning Online

Article provided by Revdex.com

Negative comments on social media are common for businesses as most customers are active social media users. Handling negative feedback correctly can increase customer trust and strengthen processes.

These simple yet effective strategies can help businesses correctly manage negative social media comments:

Don’t ignore it – Not responding to a negative comment can reflect badly on a company and cause the customer to write further reviews on multiple platforms.

Apologize always – Apologizing to the customer as soon as a negative comment is posted can help calm the situation. Follow your response with an email address or contact number to a customer service representative who will assist.

Avoid immediate promises – Options should be offered to a dissatisfied customer, only after the problem is understood and analyzed.

Be polite and professional – Being polite will not only show the customer that the company is professional, but it can calm the customer and reframe the conversation.

Move the conversation offline – Avoid long conversation threads by offering an apology and a contact person who will help with the complaint.

Keep it personal – Personal messages can make a customer feel special and instill confidence that the situation will be resolved.

Explain yourself – Explain to the customer what caused the problem and how the complaint has changed how policies or procedures are conducted. In some cases, the complaint may have nothing to do with the company but are due to external factors such as bad weather, etc. In these instances, an explanation provides the customer with a complete picture.

Revdex is a new online business directory. Consumers can post a review for any business, even if there is not an existing profile. Businesses can create their own profiles and respond to reviews. Revdex tries to provide a positive experience both for consumers and businesses.

Consumers can post negative business reviews and report online shopping scams.

5 Successful Business Leaders that Meditate

Article written by Zhang Xinyue.

Here are some well-known CEOs who use meditation on a regular basis. Many agree that meditation can help you become a better leader and achieve even higher levels of success:

Ariana Huffington
The CEO of the Huffington Post has been practicing meditation since she was a teenager. She is a very vocal advocate of meditation, even saying that it is has played a massive role in her success.

One of the best quotes about mindfulness comes from the CEO herself: “Meditation is not about stopping thoughts, but recognizing that we are more than our thoughts and our feelings.”

Joe Rogan
Despite his tough sports persona as a UFC host and the host of the Joe Rogan Show podcast, Joe Rogan is a very vocal meditation advocate. His platform has allowed him to influence and encourage thousands of people to try meditation. Rogan stated that meditation has had a huge impact on his career, his health, and his success. Rogan says it improves his ability to focus on various projects with a clear-headed approach.

Ray Dalio
Ray Dalio, a billionaire hedge fund manager, said some similar things to how meditation impacts his work productivity, which he believes is crucial to making right investment decisions in financial markets.

Pat Flynn
Pat Flynn, an online entrepreneur, who makes six figures net profit every month. At first, he explained how he was first skeptical of meditation. But he decided to try it out and learned how much it was able to help him manage an overwhelming amount of tasks and responsibilities.

Russell Simmons
Not the most typical CEO, but the co-founder of Def Jam records believes that meditation has been the most critical part of his career. In a recent interview, Simmons spoke up about meditation, “You have to learn to love yourself enough to take care of yourself. Sometimes if you’re lucky, you get a chance to change your life.”

The great Teacher Zhang Xinyue, a well known spiritual leader, was born in China. Her development of the Create Abundance 创造丰盛 system aims to promote a helpful and healthy approach to life’s philosophical problems. By building a unique and highly effective plan for body-mind-spirit cultivation, she has succeeded in helping tens of thousands. Visit Facebook page of Zhang Xinyue.

How to Get Your Small Business Up and Running

Summary: If you want to be a small business owner but are feeling a little lost, continue reading for some tips on what to consider before you get started.

If you have ever considered turning that passion of yours into a small business there are many things you would need to do before taking the leap. Continue reading for some tips on how to get the business ready for launch.

Research the Market

Before investing in a business operation it may be wise to first research the market to get a better understanding of the existing business landscape. Learn about the different businesses and potentially do SWOT analyses to determine what they have in common, what makes some of them unique, and which market segments have room for potential growth and profits. Once you have figured out what kind of business you want to run, the next step is to figure out what steps you will need to provide the product or service, and ultimately open up a merchant processing account for transactions.

It is worth keeping in mind that you should be careful about how much time you spend in the preparation and planning phase. It is true that it is important to research a little and start with some loose plan, but once you start the business plans can easily change. You must be flexible and open-minded to adapt as new challenges arise, because you can run into trouble if you try to stick to your original plan too closely. There is value in trying different things and learning from your setbacks.

Lay Out Business Operations

Once you have gotten a better grasp of what kind of business you would like to run, you will next need to figure out where you should run your operations. Will you want to have a physical store, an online shop, or both? Services like Charge.com can help you handle both in-person and online card transactions. It would make sense for a spa to have a physical location, but if you are only selling spa products, then you may not need one. Consider what kind of layout would make the most sense for your business.

Invest in Hire Car Services When Visiting Jordan

Summary: Driving in a different country, like Jordan, can be daunting if you don’t know the laws or conditions of the roads. Consider car hire services if you are weary of driving yourself while on vacation.

If you are thinking about visiting Jordan and wanting to rent a car to get around, there are a few laws and common dangers you should know about before you get there. Make sure you are well aware of all driving laws and road conditions before you decide to drive in a new place, and remember that there are always alternatives.

Laws For Tourist Drivers

Any tourists who plan to drive while in Jordan must have a valid foreign license and an International Driving Permit. You should get this before you arrive. Visitors may only use their valid foreign licenses to rent cars with green license plates, to make them easier to differentiate.

Note that car seats for children are not required by law, so be careful if you bring your children along for the ride.

Accidents Can Be Costly

Certain tourist destinations in Amman get heavy traffic and have narrow roads. Drivers also need to be careful not to hit any livestock, whether in the urban or rural areas, as collisions between vehicles and livestock are common.

Driving accidents are frequent in Jordan and are the leading cause of injury and death.

Avoid Financial Liability

Thankfully, no one has to drive when they visit Jordan if they do not want to. Though public transportation is not recommended, taxis and other private car hire services are widely available all around. Make sure to arrange pick ups with your hotel and ask the driver not to take any more passengers on the route. If you are not comfortable driving in a new area, these are good alternatives.

Blog submitted by Monte Carlo Rent A Car, LLC: If you’re looking for services from a car hire in the Amman airport, visit Monte Carlo Rent A Car, LLC and they will get you to your destination!

Understanding What a “High-Risk” Merchant Means to a Processor

Summary: A high-risk client means taking on an assortment of different penalties and fees when applying for a new account. Here are some factors you should look at if you’re within this category.

If you’re labeled as a high-risk client for credit card processing, it might sound like it’s the end of the world, but for many cases, it isn’t. Rather, the situation is quite complex and in some cases, the cost of being a high-risk merchant might come a variety of pros and cons.

First off, in order to accept any payment made via credit card, a business must obtain a merchant account with a specified bank. Now, the cost of this service varies drastically and is dependent on a variety of factors – most notably the type of business.

Normally, high-risk candidates face higher fees and a specialized payment processor will likely be required. Processors like to look over these merchants because of perceived risks that could end up costing them money.

Chargebacks and the Effects

One of the various factors that make high-risk merchants a threat in the eyes of a processor is the increased possibility of chargebacks. Now, there are various elements like the type of service of product sold, the average amount of money made for monthly sales, and the countries the merchant sells to which can essentially increase the risk of chargebacks, leaving processors in the heat of millions of potential losses.

Processors work on the fact that high-risk clients will produce more chargebacks, so they create charges right from the get-go. High-risk merchants are liable to an increased initial setup and higher monthly fees – and even double the normal processing fees. For the merchant, this could mean a significant financial hill he or she must face when utilizing this service.

High-risk processors tend to force their clients to have a reserve, which is essentially a non-interest savings account that is utilized by the bank as a sort of insurance. For instance, if a chargeback is filed against the business and the merchant is not able to reimburse the bank from the merchant’s account, the reserve will be utilized to cover the financial loss. This gives the processor more room to work with when dealing with these types of clients.

Now, these reserves will typically hold anywhere from 5 to 10% of their monthly sales for half a year. The money in the reserve account will still belong to the merchant but it cannot be accessed until 180 days have passed – or other circumstances are address. This restricted access obviously poses a threat to the merchant and has the potential to cause massive cash flow issues for the merchant.

Blog submitted by Charge.com: For high risk credit card processing and other credit card services, visit the pros at Charge.com for all your merchant account needs. Give them a call today for more information.