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Ability to Sell – Top Skill for the Success of Business

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May 10, 2022

Top Skill – Which skill leads to the success of the business?

Let’s do one simple exercise – Close your eyes, take out two minutes & think of the Number one skill that is required by a young entrepreneur for the success of a business?

Your answer could be –

Management
Finance
Leadership
Negotiation
Marketing
Sales

I am sure that your answer is either management or leadership.

But, you know what the number one skill in business is the ability to sell.

Yes, the ability to sell. The more you sell more you gain.

Top Skill for the Success of Business – Ability to Sell

Being skilled at your work does not necessarily guarantee payment. However, having both skill and the ability to sell is essential for getting paid.

Some of the most highly compensated individuals globally are not necessarily the most skilled in their respective fields. They excel in selling their products/services. The reason why the most successful entrepreneurs in the world are successful is because they excel at selling.

You should be the number one salesperson for your company. That’s it.

Let’s take some examples.

Three Powerful Sales Secrets – Sell Anything to Anyone

Examples of Greatest Salesperson cum Entrepreneurs

Steve Jobs – Founder of Apple

Steve Jobs was the number one salesperson for Apple.

He knew how to sell the products he created. Remember the day (9th January 2007) when the product announcement of the iPhone was done for the first time.

Do you think that it was a product announcement?

No – It was a sales presentation.

He was selling the iPhone to the world for the first time.

Michael Dell – CEO of Dell

Michael Dell is another example. Michael Dell has all the qualities of a good salesperson.

You may not know that Dell showed signs of greatest salesperson from an early age. In high school, he was making $18000 per year by selling newspaper subscriptions.

The company Dell is doing extremely well and making a lot of profit by sales.

Elon Musk – CEO of Tesla Motors

Elon Musk is one of the most effective salesmen of Tesla.

You might have seen the Tesla Cybertruck electric pickup truck unveil event by Musk.

The unveiling event of Cybertruck was not a launch event it was a sales presentation. Where features of a truck in terms of speed, security, and ballistic capabilities were showcased by Musk.

Now you must agree with me that the Number one skill is sales. Does that make sense?

After-sales the skills that come are financial literacy, being able to refine financial statements, leadership, negotiation, marketing, and many more.

How to sell as a Sales Person?

Sale is the finest art. Every entrepreneur must learn this art. If you are a young entrepreneur you should learn sales. To help you, I have written an article on – 3 Proven Sales Techniques that can help you to sell anything to anyone anytime.

Now let me explain to you with examples –

Suppose as an entrepreneur, I have a product & I need to sell to the marketplace.

The first thing I need to do for preparing a sales pitch is to find out –

How customer will be interested in my product?
Why customer will buy my product?

Say, if I need a loan for my business –

How can I convince the banker to lend me money for my business expansion or launch?
If I have suppliers, I must sell my suppliers; can you provide me with more favorable conditions?
If I have a team, I must convince them why they should work hard, why they should support me and my goals, and trust my vision for the future.

Sales mean convincing customers to buy.

Suppose as a salesperson of water and I want to convince you that – you should drink eight glasses of water a day for your well-being.

Now, although you might say I don’t have time. I don’t drink it’s too inconvenient. I have to go to the bathroom too many times.

I need to overcome those objections and convince you, that you should drink eight glasses of water a day and my company provides the best water.

The cleanest water and to make that sell. You may not even know you need it yet.

But it’s my job to educate you on why you need it. There’s certainty and then you drink eight glasses of water a day your health improves.

That’s the difference so, you can help anybody if you don’t sell them. You can help them if you don’t sell them.

Power of Positioning – Proven Formula for Success in Business

You are selling every day, period.

Selling is the number one skill that we need. And yet, most entrepreneurs if you ask them so why should I buy your thing?

‘Because it’s good. And then they go on and they don’t know anything about it.

It’s not their fault. They simply haven’t considered the way to sell their product or services.

I have seen one common thing in many young entrepreneurs.

They can’t articulate it.
They can’t sell it.

That’s a problem, right?

If you can’t even sell what you do, then how do you, and how do you get your people to sell what you do?

It’s impossible.

Why Sales is not considered a Good Profession?

One of the most common problems when it comes to selling is the mindset.

Sales is considered as a bad word by many people. When I say the word sales what comes to your mind?

Door to door delivery
Hindrance
Salesman

What else?

Most people don’t like sales. For them, sales is like a dirty word.

I don’t want to be a salesperson.
I don’t want to sell anything.

If you don’t want to be a salesperson, you are broke.

Why? Because –

Sales = Number One skill.
Sales = Income
Sales = Money

No sales mean no income & without sales you are broke.

So sales is not a dirty word. It’s one of the noblest professions in the world.

Conclusion

The key learnings from the discussion here are –

The top Skill required for the success of a business is the ability to sell.
Sales mean Income. No Sales means no Income.
To sell you should know how to convince your customer.
Sales is one of the noblest professions in the world.

If you are convinced that sales is the top skill required to grow your business share this article with your friends and colleagues on Facebook, Instagram, and WhatsApp.

Allow them to learn a top skill for business – The ability to sell.

5 Tips to Save Money on Moving Costs

Money & Wealth

Moneyexcel Editor

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May 9, 2022

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Moving is not only one of the most challenging events of your life, but it is also one of the most expensive. Aside from needing to know how much shipping a car costs, you also need to find ways to make the whole process affordable. Like many aspects of your life, moving entails planning, budgeting, and execution. But the most important out of all these is the budget; managing your finances well will help avoid the boobytraps of moving—expensive shipping companies and lost items.

What to Do Before the Move

Declutter your house before the move. You shouldn’t waste boxes and packing tape to pack items you wouldn’t need when you transfer. You might end up throwing away these things and wasting valuable space and money.

How do you declutter your things? First, you need to make categories—to donate, to sell, and to throw away. The donation pile may consist of old winter clothes and boots that can be useful to people who do not have the money to buy them. The pile for selling includes old kitchen appliances that you cannot take with you. The trash pile is for documents you no longer need, such as old income tax returns from five or more years ago. This pile can also include broken, heavier items that no longer have a purpose, meaning you’ll be able to toss out old furniture and other items into your waste dumpster to lighten the load too.

Once you remove these items from your home, you’ll find that you have fewer things you need to ship. That will reduce the costs of the move since professional shipping companies rely on the weight and number of boxes in computing how much to charge. Do the decluttering weeks or even months before you start packing your things.

5 Tips to Save Money on Moving Costs

#1 Estimate the Cost

Online moving calculators will tell you how much you should spend on average. Do this before you reach out to moving companies. At the very least, the tool will give you an idea of how much people spend when moving to the same destination or within the same distance. This will help you from overspending and going for estimations that are way too high.Using online comparison platforms such as https://www.shiply.com/ can help you find competitive moving quotes from trusted transport providers, making it easier to reduce relocation costs without compromising on service quality.

#2 Don’t Buy Supplies

You don’t need to buy packing supplies since they are expensive. You have several options when you need to pack your things. Some moving companies will provide the box and other packing materials. This depends on the moving company. Not all of them include these materials in their packages.

You can also ask friends, family members, and acquaintances who have just moved if they can give you any extra boxes or tape. In forums, you can ask if others are willing to sell you an extra box or two they have in their basements. Another way to get free or cheap packing materials is to go to the local grocery store and ask if they need to get rid of some boxes.

If you’re moving fragile items, you might also need to buy bubble wrap. There’s another way to save money. You can use old items such as towels, socks, t-shirts, and sweaters. These are great alternatives to bubble wrap since they can also protect glassware and other valuables.

#3 Take Advantage of Media Mail

Are you a book lover who cannot find it in his heart to leave his books or donate them to someone else? But when moving, books can be the most expensive items you will need to pay for. They are bulky and heavy, which makes moving them complicated. Thankfully, you don’t need to spend so much to have your books with you.

The United States Postal Service (USPS) has Media Mail shipping. It is an easy and cost-effective solution to the problem of shipping books. You can send more than 70 pounds of books at a cost. Right now, the retail rate starts at $2.80 for one pound single-piece package. After that first pound, the rate increases by $0.53 per pound.

#4 Consider a Self-move

On average, be ready to spend between $600 and $1,650 for a local move and between $2,200 and $5,700 for an out-of-state move. You will not be able to imagine how much the cost of moving things overseas or by plane or ship. Instead of hiring professional movers, another thing that you can consider is doing it yourself.

Treat this as a road trip. You can rent a van or truck and drive your things and yourself to your new home. Inviting friends might make it more fun since you can have stopovers and see towns and cities you’ve never visited. The money you plan to spend on movers can go to more important things, such as your emergency fund or investment. While it takes a lot of effort to move by yourself, its cost is lower than that of moving professionals.

#5 Time Your Move

The most practical way to save on shipping costs is to time your move. Off-season, weekday, and mid-month moves are the cheapest. Fewer people move during weekdays, so moving companies will give you a bigger discount. The same can be said during the off-season, so you should avoid moving during fall and spring because the good weather makes these months the perfect time to move for everyone.

Also, avoid moving during the last week of the month since those days tend to be the most expensive. Depending on where you live, summer may be the cheapest time for a move. If you can get off work, choose a day from Monday to Wednesday during the middle of the month. These have the highest availability and lower fees.

Conclusion

Don’t be overwhelmed with all the things you have to take care of when you need to move. The budget, specifically, can sometimes send you into a frenzy. There are many ways to move without needing to break the bank. You shouldn’t, since you will need the money to start your new adventure. Learning to ask for help and do things yourself will go a long way.

Power of Positioning – Proven Formula for Success in Business

Skills & Productivity

Shitanshu Kapadia

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April 26, 2022

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Positioning your product and service is extremely important for the success of your business.

Let me explain to you the power of positioning with a true Story.

Power of Positioning – Proven Formula for Success in Business

It is a story of a child born in a poor family. One day his father gave him an old used T-shirt and told him- son, we do not have any money left. You need to sell this used cloth for $2 anyhow to earn today’s meal. A cleaver child washed the T-shirt, ironed it well then went to the market, and after 8 hours of hard work, he sold it for $2.

A father was greedy and in need of money. The next day he gave one more used T-shirt and asked him to sell it for $20.

It was a tough task for a child but instead of thinking negatively, he started finding ways how to do it and after some time he comes up with the idea to paste a mickey mouse on T-shirt. He went to the school of rich kids and shouted for Mickey Mouse’s T-shirt for $20, after some time one kid asked his father to buy it for him and that’s how the child was able to succeed again in selling a T-shirt.

His father was extremely happy and after a few days, he again gave one T-shirt to the child and asked him to sell it for $500. Instead of thinking that he cannot do that, he started thinking that how it can be done?

He came to know that “Farrah Fawcett” a famous Hollywood star came for a conference near his town. He went there and somehow manage to reach Farrah Fawcett and asked for a signature on that T-shirt and Farrah Fawcett could not refuse and signed it for him.

The child straight away went to the market and started shouting Farrah’s signed T-shirt for $500 and suddenly the crowd in the market started shouting I will give $1000 for it, I will give $1200 for it and finally, one person in the crowd purchased it for $1500.

A child was extremely happy and he went to his father and shared how he sold an old used T-shirt for $1500. His father got emotional and told his son that now he can do anything in life.

The name of the Child in the above story is Michael Jorden Famous Basket Ball Champion and Six times NBA championship winner.

The above story taught us the following lessons about positioning.

You can use the power of positioning for selling any product by finding the correct audience.
You can build a business around a “specific micro-niche” – a Specialized segment of the market for a particular kind of product or service

20 Types of Business Models to Generate Revenue

Positioning and Micro-Niche

Now, let us try to relate product & service positioning and micro-niche with a real-life business case.

For example, let us say you are a yoga teacher and you want to start a business teaching people yoga.

Now you could do what most people did…

Which is being broad… branding yourself as a yoga teacher with X number of years of experience…

OR…

If you understand the concept of finding your specific micro-niche, you can position yourself differently.

What you can do is position yourself, as I am a yoga teacher that focuses on teaching pregnant women yoga.

Do you see the difference?
Which one do you think people will remember?
Which one do you think has the power to charge higher?

I could go even more niche, let us say…

I am a yoga teacher that focuses on teaching pregnant women between the age 25 – 35 yoga in Mumbai…

Why?

Because when you are being focused…

What that means is you differentiate yourself from everybody else…

People cannot compare you with other people and look for cheaper prices.

That is the power of having your micro-niche in starting your business.

Now, some people might think…

Oh if I only limit myself to a specific group of people…

Then don’t you think that I am limiting myself with opportunities to serve more people?

Not necessarily true.

By doing micro-niche and product positioning, you are targeting specific customers.

Big companies including Amazon, Apple, and Google make use of this concept.

Amazon

Amazon provides greater value to customers through a combination of extraordinary convenience, quick service, and a comprehensive product range at a lower cost.

Apple

Apple always offers unique and creative products. Apple connects emotionally with the customer with an excellent customer experience. They make use of unique technologies that cannot be copied anywhere else.

Google

Google is the God of the Internet and Search Engine. Google makes use of multi-segment positioning.

If we talk about the Google search engine, it is positioned with the concept of organizing the entire world’s content available on the internet and providing authentic information/search results.

Over to you

What do you think about positioning products and services?

Do you think it makes sense to position product and service to a specific micro-niche?

Do you think that you can achieve success by correctly positioning your product and services?

Hit reply and write to me at info@moneyexcel.com if you have any thoughts!

Become a Successful Trader with Bitcoin Profit Pro App

Cryptocurrency

Shitanshu Kapadia

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April 23, 2022

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Now that internet trading has grown so popular, everyone wants to try their hand at it. Many traders have become millionaires overnight as a result of cryptocurrency trading. The bitcoin market moves quickly and leaves no space for error. The principle of trust underpins the bitcoin market. The more individuals who believe it can help them earn a decent living, the more popular it grows in the community. There are various software’s for crypto trading available online, but the bitcoin profit pro app is the most convenient and reliable program in the online trading market.

Concept of Bitcoin Profit Pro Software

The Bitcoin Profit App is a one-of-a-kind application that allows you to do digital trading of cryptocurrencies such as Ethereum and Bitcoin. The Bitcoin Profit App is a one-stop shop for trading, exchanging, and digital and virtual currencies. The software’s powerful algorithm allows it to do a thorough market analysis. This program’s algorithm has a time leap of 0.01 seconds, which allows it to accurately foresee price changes and market movements even before they occur. This software was built for users who are new to cryptocurrencies as well as true bitcoin lovers and professional investors who want to make the most of their bitcoins. The Bitcoin profit app features an excellent customer service team that is ready at all times to answer inquiries and address any problems that users may encounter.

How Does Bitcoin Profit Pro Work?

Make your own account for live trading by following a few simple steps.

Step 1: Enter Your Personal Details for Registration of New Account:

Signing up is simple. Put your name, phone number, and email address in the form. When you click ‘Register,’ we’ll take care of the rest.

Step 2: Deposit Few Amount on Your New Verified Account:

You’ll need trading capital to trade using the Bitcoin Profit App software. The minimum deposit is merely $250, and it’s vital to remember that this is your money, which you can withdraw at any time.

Step 3: Use Demo Account for Trading Practice on Bitcoin Profit Pro:

Practice with the Bitcoin Profit demo account until you feel confident using the live site. It provides extensive trade information to assist you in adequately preparing.

Step 4: Start Live Trading on Your New Verified Account:

You can begin trading if you are entirely happy with the services provided. This service is absolutely free, and you can always opt-out of trading with a certain broker.

Pros of Bitcoin Profit Pro

It offers a free demo trading account that allows you to quickly learn about and explore the crypto market.
For active users, Bitcoin Profit provides customer support 24 hours a day, 7 days a week.
With a success percentage of over 85%, Bitcoin Profit can trade more than 50 crypto CFDs.
It gives you access to reliable crypto brokers as well as the global decentralised financial markets.

Frequently Asked Questions about Bitcoin Profit Pro:

Is Bitcoin Profit Pro quick trading software?

Bitcoin Profit’s technology can find and execute deals in milliseconds. It’s extraordinarily fast, like other robots like Bit code AI and Bitcoin Loophole, providing it a huge advantage over most human traders. This is vital since it enables Bitcoin Profit to profit from even minor price fluctuations. Hundreds of small profitable transactions can add up to significant earnings in your account due to the algorithm trades all day, every day.

Is There a Verification Process which Bitcoin Profit Offers?

Yes! Bitcoin Profit App requires you to verify your identity in order to avoid fraud. It takes this process seriously for your safety and the safety of the entire community. The first step in the verification procedure is to click on a link sent to the email address you used to register. This step verifies that the email address you entered is yours. Second, it will send you a text message with a code to validate that you are real and that you are from the claimed country.

Is it Possible to Make Money with Bitcoin Profit by using any Device?

Any computer or mobile device can be used to browse Bitcoin Profit. All that is required is strong internet access and the presence of a fast browser like Brave Browser on the computer or smartphone. Now you can make a simple Bitcoin investment.

Is there a fee for using the Bitcoin Profit App software?

Not in the least. The Bitcoin Profit App is completely free to use. Furthermore, there are no hidden fees with the software.

What is the procedure for depositing funds into the Bitcoin Profit Account?

After completing the registration process, you will be matched with a broker and asked to fund your account with them. Bitcoin Pro brokers are trustworthy, and they accept deposits via bank transfer, debit and credit cards, e-wallets, and bitcoin.

Is Bitcoin Profit Pro a profitable investment?

Yes! Users that follow the trading instructions and advice supplied by this trading technique could make enormous daily earnings. An average user might turn a USD250 deposit into $1250 in less than eight hours of trading if market circumstances were favourable.

Who can take part in the Bitcoin Profit trading?

Everyone is welcome to participate in Bitcoin Profit. Manual trading features will undoubtedly appeal to experienced traders. You have complete control over your deals. You also get access to the signals, which can assist you decide when it’s time to jump into the market. Novices do not need to be concerned about having the necessary skills to trade. You don’t need to perform any analyzing or understand how to trade. Bitcoin Profit can take care of everything for you in an automatic manner. Simply tell it what rules you wish to use and it will discover relevant transactions for you to make and close.

What is the Degree of Bitcoin Profit Accuracy?

The accuracy of Bitcoin profit is really high. The market sends signals to this algorithm. They allow the bot to maintain track of one-time occurrences that may have an impact on bitcoin prices and patterns. And the software is constantly analyzing such signals. It will trade accordingly as soon as it becomes aware of a probable price increase or decrease. As a result, these transactions will maximize your profits. Indeed, the firm claims a 92 % accuracy rate, implying that 92 percent of its transactions are profitable. And the majority of people agree that it achieves this level of accuracy. Some people even find that their Bitcoin Profit accounts have surpassed the 92 % mark.