Showing posts with label Buisness. Show all posts
Showing posts with label Buisness. Show all posts

Friday, July 17, 2015

Inspiring story of a handicapped lady trader 6 Lac /Day


Sujata Burla’s life took an ugly turn on June 9, 2001. On a pilgrimage to Shirdi, where the Sai Baba temple in Maharashtra is located, from Hyderabad, she met with an accident.

Four months later, the doctors and physiotherapists treating her told her she could not walk for the rest of her life. The accident had turned her into a paraplegic. It meant Sujata was immobile below the shoulders. She was just 21.
Soon people who she thought were her friends abandoned her and Sujata was left alone. Compounding her tragedy was her father’s death in March 2004. Not one to be easily cowed down by her circumstances, she started learning about the stock markets that year.
Now she trades like a pro and earns anywhere between Rs 200,000 and Rs 250,000 every month. On a day like Wednesday, September 19, 2007, when the Nifty was up 186 points, Sujata made a cool Rs 600,000 in a single day.

Sujata moves around in a wheelchair and does not regret this fact. Financial independence is what she strove for and that is exactly what she has got through sheer determination and discipline.
How do you cope with such a trauma?
Before, I could not even write or type. Now I have got used to it. I can easily type and trade on my computer and laptop.
In the first four months after my accident I did not even know I would never be able to walk again. I went into a depression feeling that this was the end of life for me.
Does your condition make you dependent on others?
I am the kind of person who doesn’t like to depend on anybody — whether financially, physically or mentally. So, it was very tough for me to physically depend on somebody. I soon realized that financial independence could get me much more freedom in life.
So I started thinking how I could earn money. I worked with my sister, who is a fashion designer, and learned a bit about it. I soon started a textile workshop where I employed 10 people. However, the workers took undue advantage of my physical disability leading to losses. I closed my workshop and moved towards stock market trading.
How did you get into the stock markets?
I realized that if at all I have to succeed in life I would have to do something for which I don’t have to depend on anybody. Through a friend of mine I came to know about the stock markets in 2004. It took me almost a year to understand the various nuances of the stock market and it was in 2005 that I actually started trading.
What was your first trading/investment experience like?
My first investment was in blue chip companies like Reliance Industries, Hero Honda, ACC and IDBI. However, the Rs 100,000 that I invested did not earn me any returns. It was my first investment and I did not know when to sell or the right time to sell my stocks. That learning experience helped me to hone my skills in the stock markets.
How much do you make from trading in stocks now?
My turnover for a month is over Rs 3 crore. But my actual investment is only Rs 15 lakhs. I make anywhere between 10 to 15 per cent per of this investment per month. It is like I earn 20 to 30 per cent sometimes and lose 10 per cent at other times. This takes my average monthly return to 10 to 15 per cent every month of my total investment of Rs 15 lakhs.
Could you share your success mantras for our readers?
* Read all the advice that you get from various business television channels, newspapers, friends who understand the stock markets but be extremely cautious and disciplined when you act on this advice.
* Never extend your trading bets beyond your means. I speak to my friends; get investment and trading ideas from my brokerages (she is registered for online trading with Reliance Money, Indiabulls and Kotak Securities).
How would you identify yourself as a stock market player?
I am a short-term trader; I am surely not a long-term investor.
Do you trade intra-day?
Well, if my bets appreciate considerably then I take home my profits on the same day. Otherwise, I wait for my investments to bear at least 7 to 8 per cent returns before I actually sell it.
Intra-day trading, though, is very risky as most traders tend to burn their fingers trying to time the market. And I have lost quite a bit of money trading intra-day in the cash market, believe me.
How much have you deposited with all these brokerage companies?
As I told you earlier, my total deposit with all the three brokers is Rs 15 lakhs. Using this amount I buy Call Options within my overall limits. There is no concept of margin money in options. Whatever money I have earned till now is only through Option trading. You can do risk-less trading in Options using a small amount.
As a safe strategy I never write a Put Option. Put Options are very risky. That way I am a very safe trader. In Puts I can even make 50 per cent a month on my investments; but then I can lose the same amount too. My principle is if I make money I make it; I shouldn’t lose money at all.
I usually write a Call Option on the Nifty. I am always long (buying first and then selling at a higher price to make profit) on the markets and whenever the market is too overbought I wait for the markets to cool down.
Do you have friends?
Before the accident I had many friends but they all ran away after my accident. They were all false friends. People like this go where there is money, success and happiness. People like these don’t chase failures.
After my accident I have a different set of friends. I have a few friends now but they are my true friends. They have been with me through my bad times. They really care for me.

Monday, June 29, 2015

Bit long message but worth Food for thought

CHICKPET is known the business hub of Bangalore City with more than 1000 shops in the locality. This place is always crowed as people throng to buy clothes, furnitures, toys etc. at a wholesale price.
Yesterday, I had been there as part of my educational research to talk to few shop keepers to understand how they do business and what education has to do to them with regards to their business. During my interaction with many shop keepers in Chickpet, I found that, most of them were from Rajasthan. One more interesting thing that I found was that most of them were in their teenage ( 18, 19, 20, 21 ).
Out of all, meeting a young 10th std dropout who runs a clothes shop was very interesting. His name is Bramhadev from Rajasthan. I thought of sharing few our discussions here.
As I went into the crowded shop as a customer, he greeted me with a great smile calling "Anna banni, en bekithu". (Meaning: Brother, what do you want)
(The conversation was in Kannada. I have translated it below)
Myself: I wanted to check for some nice shirt and pant piece.
Bramhadev: Tell me sir, what is the range you are looking at ?
Myself: You first show me all the clothes, let me choose out of those.
Bramhadev: Sure sir and started showing me all his collections. (Meanwhile during the selection time, I thought of asking him few questions, which was my only intention)
Myself: How did you learn Kannada ?
Bramhadev: Sir, obviously by talking to people.
Myself: But, your Kannada is very fluent !
Bramhadev: Sir, initially, I found it difficult, but, when I continued speaking to customers, I learnt it on the fly. Now, I speak better than Bangalore Kanndigas. ( Laughing loud )
Myself: Superb. When did you start this business ? Bramhadev: Its almost 10 years now. I started it when I failed in my 10th. My uncle got me into this business.
Myself: How many languages can you speak ?
Brahmadev: I can speak, Hindi, English, Kannada, Marathi, Tamil, Telugu, Malayalam(To an extent).
Myself: Oh my God ! How did you learn so many ? Brahmadev: I told you sir, Customers taught me (Laughs again)
Myself: Sorry to ask you, but still out of curiosity, I just wanted to know what would be your monthly turnover ?
Brahmadev: Ummmm, it depends on the festival season. Normally, the turnover would be around 8 - 9 lakhs per month, and during festivals it will shoot up to 15 lakhs. Profit upto Rs. 4 lakh per month.
Myself: What ? Oh my God ! Thats a super number ! Great man !
Brahmadev: What great sir ? In Chickpet, this is very very less. Others make double than what I do.
Myself: Didn't you feel like completing your education by studying further ?
Brahmadev: Sir, to be honest, none of our family members completed education. To complete my education it might take another 5 - 6 years which I feel is a big waste of time and money. I invested both in my business. Today, I will challenge none of the educated person with 10 years experience will earn as much as I do. What do you say sir ?
Myself: Hmmm....Yes. True. But still education would have helped you grow more than what you are earning today.
Brahmadev: Seriously No sir. Education would give us fear and make us feel that, one has to work under someone to earn their livelihood. Education does not teach us to live independently. I also have many friends who studied along with me and completed graduation. None are into business. Almost all are working in some private firm.
Myself: Hmmmm....So you don't regret completing education ?
Bramhadev: Definitley No sir. I am very happy. (In between our conversation, another customer had purchased around 20 pairs of shirt and pant, and few sarees. Without using a calculator Bramhadev calculated the total cost of the purchase and told the customer the total cost including 10% discount in just 15 - 20 seconds. )
Myself: Boss, you don't even use calculator ?
Bramhadev: Sir, educated people need calculator and mobile phones to calculate. Not me ( Laughs aloud ).
Myself: Started smiling and put my head down (because I was using calculator to calculate the cost of my purchase. LOL.)
Bramhadev: I continuously practiced calculating. I am doing this since 10 years and I have become perfect. I am sure, I will never err in my calculation. After this, I made a purchase and the next whole day, I was thinking about our conversation again and again. I would like to infer what I learnt. 
1. Without higher education, Bramhadev is not jobless. Where as our today's graduates with distinction are still in search of a job.
2. Without higher education, Bramhadev has good communication skills. But, today's corporate world complains about our graduates for having no communication skills.
3. Without higher education, Bramhadev earns in lakhs, where as our current generation graduates complains of not having enough salary to pay their EMIs.
4. Without higher education, Bramhadev's mathematical mind works faster than today's graduates who has cleared different levels of mathematics papers with high scores. Today's graduates needs Mobile Phones to perform simple calculation.
5. Without higher education, Bramhadev has no fear of losing his job, but today's graduate employees are always fear of getting fired from the company they are working in.
Now, my question in mind is
"HOW DOES HIGHER EDUCATION HELP ONESELF ? DOES STUDYING MORE BRINGS MORE FEAR IN AN INDIVIDUAL ?

Sunday, June 6, 2010

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Top 5 Tips to Get Your Website Rank Top on Google

We all respect a search engine optimization consultant who manages to pull a seemingly normal webpage from a page 3 or 4 rank to being on the first page of a search term result. The debate on how Google ranks websites is always a hot one and a seemingly never-ending one.
Nevertheless, how do websites make it on the first page of Google, and is it as hard as some people claim? Is it only privy to a few search engine optimization companies and consultants? A keen look at the strategies most consistently used by top ranked websites suggests not. There is a growing belief amongst search engine optimization consultants, that it is possible, to get that top ranking on Google through systematic application of strategy and knowledge. Here, we discuss the most looked into strategies and tips on this subject.
1. Develop an SEO strategy and align it with your corporate and business strategy
Your endeavor to achieve a particular page rank on Google should be part of an overall SEO strategy. This SEO strategy should be part of a bigger marketing strategy that your company has developed. The most prolific SEO companies have advised their clients to focus on SEO as part of the larger, broader plan; a plan on which sequential and developmental growth is the focus. Get a good search engine optimization consultant to help you align your SEO strategy with your business strategy.
2. Let the page grow organically
Websites that use black hat strategies to get on top of Google ranks eventually flop, and actually risk being banned by the search engine. The first rule of every business game is honesty. Websites that grow organically are strong, stable, and well respected by Google. Make it clear to your SEO consultant that you intend to use only white hat tools in marketing your website and nothing short of that. You will be glad you did.
3. Actively work on and market your website
Successful websites are actively marketed, with the focus being to hit the highest possible rank within a reasonable period. There are numerous ways of actively working your website up the ladder. Your SEO consultant will recommend getting a good-looking website, easy to flip through, with content and keywords relevant to its visitors. Market the site on forums, link it with related sites, use social media to spread the word around, update its content as often as possible, and use any other e-marketing tools recommended by your search engine marketing company.
4. Give it time.
This is a general rule - no child is born today, walks tomorrow, and competes with Usain Bolt on the following day. Give your website time, and as you actively work on it, it will get there.
5. Follow up and Maintenance
Do a weekly, monthly and quarterly review of the progress your website is making on Google ranks. Make improvements where necessary. Technology is changing by the day and you need to keep abreast with the latest and best website marketing tools.
Above all, make your website as relevant as possible to your visitors. Market it and give it time. Eventually, as my search engine optimization consultant has always told me, a good website will always find its way up on Google.

Making Money With Blogs-Easier Then You Think

  



Making money with blogs isn't as difficult as some make it out to be. People tend to get information over-load when it comes to making money online which usually ends up leading to failure. There's really only three things you need in order to succeed.


1. A blog that offers desirable content.
Writing about your everyday life is fine and all, but it's probably not going to be the best type of blog to use to make money with. Blogs that offer important information, movies, games, or anything like that is more the way to go. They tend to do the best when it comes to making money with blogs.


2. An account at a CPA network
A CPA network is a network filled with cost-per-action offers. Get your visitors to do simple things like put in their email address or zip code and you make money from it. There are many networks out there but a good one to get into would be AdscendMedia. They're very easy to get into and have many offers to make money from. Always stick to the more well known networks, if you stray off to unknown CPA networks you may find yourself getting ripped off in one way or another.


3. Traffic!
Probably the hardest to most, but don't over think on this one. Build your blogs around good keywords. Continuously write articles on various article directory sites to bring in massive traffic now and for years to come.

Make $1000 per month SERIOUSLY!



Have you ever wanted to make a living online? Or start your own home business? But just don't know where to start?
Now I am not saying that the only way to start is with a website, but it is definitely the most productive way to start. Making a website in the past used to be hard work, but people found that it is much easier to make money using simplistic and easy to understand websites like a "landing page". A Landing Page is a page that is a short blurb about an affiliate product with a button that says something like "ACCESS PRODUCT HERE!" Once the visitor clicks the button they are sent off to an affiliate product. If the customer then purchases the product, YOU make money! It is that simple of a concept and proves to work much better than having an entire blog that is used to promote the product. You interested yet? You may be thinking, "But Frank, I don't know the first thing about creating a website! Even if it is just a landing page." I figured there would be a lot of people out there just like you. And even if you do know how to create a landing page I recommend finding an affiliate service that will offer you a free website when you join. Once you have found one of these websites you will be ready to start promoting the website they give you. Such a service is available at: http://iemm-links.info As you can see the link above is actually a landing page that I have created. Once you sign up for a "Free review website" you will have the option of upgrading your account. I recommend spending the $8 as soon as you join, because you will then be given a "money makers" account and be able to make more money and you are given advertising credits so you can start your own PPC campaigns, you are also given free training videos, and other useful material. In just one week you will make your money back, if you simply follow the training videos. Alright, so you have your affiliate website, you have set up a couple PPC campaigns, now what? How else can I get traffic? What has worked for me in the past is to put your landing page into traffic exchanges, and PTC websites also seem to have a decent return rate. And of course article marketing, which is what you are reading right now. Article marketing is free and definitely worth looking into. And best of all, once you join you will have the privilege of working with me!

Do You Know These Seven Elements of Online Success?

If you are like me, then you must have been struggling for some time now, or maybe you are just starting out, in internet marketing. At first, most probably what convinced you to take this step were statements like "make $10,000 in 24 hours" or "quit your regular job by six o'clock tomorrow morning" or any of those other outrageous claims that seem to be flying around on the internet these days.

However, as time goes by and you strive to get over that learning curve, you realize that you have to re-adjust your expectations.

Now, in this article I want to share with you what I consider to be the seven most important elements of online success. These have come about from my own experience as an internet marketer, as well as from what I have learned from other top marketers, whose work I admire.

These are:

1. Build your own website or blog

I can't stress enough the importance of having your own website or blog. If you are serious about creating a successful online business which will stand the test of time, then you need to have your own "virtual estate".

Now, some of you might argue that there is a lot of technical stuff involved and you don't have the necessary background to accomplish that. Although I would agree with you a couple of years back, now the good news is that things have changed. There are a lot of tools and ready made templates out there, which make building a website or a blog a child's play.

2. Build your mailing list

You probably heard this before, "the money is in the list". Now that the internet has grown into such a huge place, people tend to go from one website or blog to the next, not spending too much time on each one. If somebody comes to your site and leaves, then it is most probable that he or she won't come again.

Therefore, what you can do to give him an incentive to hear your voice, is to offer him a gift, in exchange for his email address. Getting his permission to send him additional high quality messages over time, you greatly increase the likelihood of him trusting you and listening to what you want to offer him next time around.

3. Establish yourself as an expert

As they say, traffic to your website or blog is the lifeblood of your business. With no people coming to your site, there will be no sales, regardless of how fancy and interesting your web design is.

Therefore, what you need to do to be found be both the search engines and people, is to build a lot of high quality content, relevant to your niche. This content might either be apart of your website, articles that point back to it, post on online forums etc.

4. Don't give up so fast

A common mistake made by aspiring new marketers is that they give up too easy. Most probably due to high expectations set at the beginning of their efforts as they fall victims to excessive hype about fast success, the quickly become disillusioned and quit.

My advice to you is to stick through and you will eventually see success. If you persevere and find some solid advice, then you will definitely make it.

5. Take one step at a time

Another one of the symptoms that new marketers show is called "information overload". There are so many different methods and techniques to grow your online business (both free and paid), that it is easy to become overwhelmed.

Don't rush to try everything at once, or juggle many things at the same time. Try one method at a time; master it and then move on to the next one when you are ready.

6. Don't rush into buying every new "shiny" product

You can't believe how many products there are out there, all targeting the new marketer. All of them promise that they hold the key to overnight online success.

Whenever you are facing a buying decision, then what you should really ask yourself is whether this helps you in your immediate plans and whether it is very similar with something else that you now own. In case that you see that it does not fit with your short term action plan or there is nothing new to offer to you, then skip it.

7. Don't expect to become rich overnight

The last thing I want to tell you is that you should be realistic in terms of your expectations. Don't expect to be able to quit your regular job by tomorrow, not even after a month.

Internet marketing can bring you a considerable income, but only if you invest time and effort. There is no fixed time frame for this; it's a combination of the amount of effort you put into this, the type of methods you use and of course your target market; attracting people with a "ready to buy" mindset.