The majority of my business experience originated from my family. My parents own a business, so growing up, I was constantly surrounded by the logistics of running a company. One day, I asked my father a question about our company’s prices and revenue. I expected an answer of two numbers: one for price and the other for revenue. But, he quickly responded with a bombardment of spreadsheets stored with company data. I quickly realized that running a business is much more challenging than I thought. As I learned about my father’s management techniques, I fell in love with the fact that there aren 't any set guidelines to create a successful business. Sure, there are certain economic principles to follow, but businesses need to add their own …show more content…
In regards to the layout of the website, I wanted the website to be easily navigable to avoid frustrating any customers. Underneath the banner at the top of the website, I created tabs that, once clicked, would lead the customer to a certain page of information. For example, the “About Us” tab would lead to information on the history of the company. For the information on each page, I did not want the customer to feel overwhelmed, so I simplified the information into bullet points and short paragraphs and highlighted important phrases in light blue to make key pieces of information stand out.
Not only did my website benefit the family business, but it also introduced me to ideas behind marketing. A website is more than just accessible information, it is the face of the company, so it is vital that it looks good. Everything on a website, from logos to text fonts, should appeal to the audience you are trying to capture. Our original website appealed to the audience in the early 2000’s when websites were more basic and bland. My website, however, creates a more energetic and vibrant environment, which appeals to the modern consumer.
While my family’s company gave me a strong background in business management and marketing, I also learned many lessons about the trading through my parents and their involvement in the stock market. As I overheard their conversations about their portfolios and returns, I wanted to
Business is what shapes and runs our daily lives. Starting a business can have major benefits to the owner, although it is very challenging. Nine out of ten businesses fail due to poor management. The likelihood of this failure can be prevented by following certain statements that were mentioned in the excerpt, The Age of Unreason by Charles Handy. According to Charles Handy, to be successful in a business, you must be idiosyncratic compared to everyone else.
A business needs to focus on its business and compete smartly from my perspective. This will include process improvements (change) but change that is meaningful to keeping the business alive, functioning, and growing as it achieves its mission. I worked for 2 family run businesses and watched as the children took over, tried to do what “everyone else is doing”, and failed the business.
Images, videos, pictures, drop down menus, gifs and search bar play a big impact on how customers view the business webpage, it make it easier for the customers to locate stuff on the business webpage, because these online features are visual.
The stock market is a risky business. Investing can make you wealthy beyond your wildest dreams, in which only a few investors have found the formula. Otherwise making the wrong decision
The first step in developing a new business is to identify a passion and the second step is to devote to pursuing that passion. The book describes the toll of running and owning a business. Running a business takes lots of time, resources, and effort. Gary suggests that if you are pouring all this time and energy into something, you should at least do it for something you love; something that makes it worthwhile. Leaders in companies often times have to work hard and lead others to work hard as well. Hard work is when passion becomes reality. As business owners, and employees, are faithful in the menial, day to day things, they incline themselves (and their companies) for more. Dedication is attractive to customers. If consumers see the hustle a company invests into their products and services, they will be led to purchase or use the product. Ultimately, the leadership shown through dedication and passion play a major part in the successful
I had the opportunity of listening to a lecture by one of the hosts of “Freakonomics”, a podcast that analyzes the irregularities present in the economy. In Steven Levitt’s lecture, I was given advice to start pursuing my interests early, which led me to apply for a seminar with Morningstar- a company which specializes in fund investing. Like my microeconomics class, this seminar gave me the opportunity of expanding my knowledge in the basic principles. Furthermore, I was also taught the basics of the stock market. Towards the end of the course, my peers and I took a trip to the Morningstar tower, and I was intrigued by the goals that every worker pursued, which was to provide accurate data of which stocks would prove to be good investments.
Mentioned the words stock market to anyone in the United States and you are likely to get a vast array of comments, from excitement over making lots of money, to anger of losing lots of money. Everyone seems to have an opinion about the stock market, yet only about 50 percent of Americans are invested in the stock market. A troubling aspect is that few individuals actually understand how the stock market works. These individuals are taking a risk by investing in stocks that they do not truly understand. An individual choosing to invest on their own, without the advice of a financial professional, is like a person self-diagnosing a major illness; the results could be devastating and irreversible. To achieve financial success through investing in the stock market it is imperative that an individual work with a financial professional who will help them properly state their goals and objectives, design a properly allocated portfolio, determine their risk tolerance, and guide them in the ongoing investing process.
The purpose of The Stock Market Game is to help students experience firsthand the unpredictable reality of the stock market without risking actual money as well as the consequences of a failed investment. Through this wonderful resource, students are supplied an equity of $100,000 and provided the liberty to make their own decisions by performing a variety of trades such as buying and selling stocks in real time, just as they would in the real world. This game engages students of all ages in the vast world of finance, therefore providing them with an opportunity for a financially successful and independent
Seeing my parents collectively start up and run a successful business during my childhood made me wonder to how they were growing their business sustainably. Therefore, I am inclined to learn more about how to effectively manage and market businesses. One point I can derive from observing the amount of work my parents put into their company is: anyone can succeed in whatever they do, it is solely down to how much effort you put in.
The question I will be attempting to answer is regarding my practicum site’s website. One strength I identified that my practicums website has, is that it is easily accessible. Through searching for my website, I was able to easy find it through a variety of sources, such as google and Facebook. I believe making a website easily accessible is vital when attracting customers, because many people may not be very technologically advanced and making the website easily accessible allows for people to utilize the website at their expense. Another strength I found through Oakwood Health Services website is that has a great deal of information regarding their history and the types of services they provide. I believe this is a huge strength
I didn't always make good money with the stock market and I wish looking back on it now that an experienced trader passed on their wisdom. So, I've decided to do this for you.
As the new Digital Marketing Manager for USA Marine Inc, my job is to improve their website in order to increase leads for this company. It seems the demographic of the company is mostly geared towards young people near their 30s to older people in their 50s.The website seems to be pretty well structured but it still has a high bounce rate. I noticed it already has some notable parts that could be structured from a conversion centered design. There are still some areas where improvement can be made.
By simply visually examining a restaurant’s website, it is very easy to determine whether it successfully entices web-goers. Websites use various text styles, sensory words, colors, and images to create an aesthetically pleasing website. For the website of a restaurant, it is most important to display promising pictures and to use appealing sensory words to convey the atmosphere that is potentially offered at the restaurant. This helps the people who are interested in the website create a mental picture of the restaurant’s setting. It is also critical for a website to have appealing colors and an aesthetic text style to capture the attention of possible customers. Although the website for Rosie’s Italian Grille does successfully
From September 3rd, 2015 to October 28th, 2015, our group was given the opportunity to manage an investment portfolio, with the goal of maximizing the value of the portfolio through acquiring, holding, and selling stock. The beginning cash balance of the portfolio was $100,000, and our group had the ability to make up to 500 trades. During this time period, our group made 20 stock purchases and sold stock twice. At the close of business on October 28, 2015, the value of our group’s portfolio increased from $100,000 to $106,785.33, yielding a return of 6.78% (((106785.33/100,000)-1) x 100)). In comparison to the S&P 500 returned at 7.16% and the Dow Jones having a return of 8.65% (Yahoo).
The primary role of visual design on any website is to enable more accuracy of communication and collaboration with prospective customers, and to give visitors an immediate impression of the company. The best visual designs of websites create a high level of trust that is earned by showing clearly and with precision what a company's core business is (Ganguly, Dash, Cyr, Head, 2010). Interactivity is also a critical component of a successful website design, as is humor (Gao, 2011). Visitors to a website need to also see there is an active community of customers who engage with and endorse the brand as well (Brengman, Karimov, 2012). All of these elements need to be combined in the successful development of a website design.