In software business, a company will need to carefully define its niche market. The application developed will need to be able to serve the targeted market, better than any other competitor’s application. Basically there are two types of application
Horizontal Application:
This apps is aimed to be sold to everybody. Its features …

Jay White from Dumb Little Man learned these things in his life:
“If you want to start a business or if you have some wild dream, your wife, boyfriend or friends will rarely have as much confidence as you. Listen to their concerns and strongly consider them, but don’t let popular …

As 2010 is coming to an end, I think it’s an appropriate time to look back at this year; identify what has been accomplished, what has failed and what has been learned. To prepare for the coming of 2011, I’ve compiled several advices from other people, people of age, so …

Yeah, you just gave a good opinion. But I think mine is better.
Dan Ariely mentioned in his book that people adore their own opinion/idea/invention more than other people’s opinion/idea/invention. He called this the Not-Invented-Here bias.
He simply put it as the fact that everyone wants a toothbrush, everyone needs one but …

The reason why CEO receives such an abundant amount of salary is not necessarily to motivate the CEO to perform well.

There is a theory that claims that the real reason behind the high salary and huge bonus of a CEO is to motivate the other employees, those in the lower positions, to …

I sometimes wonder why people love to go to IKEA and buy home furnishing items from that store. What makes it different than other stores(Courts, moms and pops furniture stores etc)?
Apparently, it’s the do-it-yourself model that makes people keep coming back to IKEA. People feels much more attached to …

So couple of things learned from the past few weeks.

Do not disregard that crazy idea – You can go far from where you are now if you just brave enough to let yourself come out with all those perceived-to-be-crazy-by-others ideas and go through them and really, consider them. It is …

You have several great opportunities lying in front of you. Which one to go for?
Sometimes in life, several things will just come in your way, all at the same time. For you to ignore the rest, just for that ONE opportunity, that is normal. Or should i say mediocre?
Now how …

If you can’t beat your competitors, don’t bother. Just join them.
Let say you’re interested to build a new business in the, say, automotive industry. You have all these giant companies that rule most of the market share and the chance for you to beat them in the next 10 years …

It all starts with this simple mind set: “You don’t work for money. You let the money do the work for you.”
Easy said that done eh? Yes, but before you let the doubt, fear and cynicism conquer your feelings, try to consider this thought.
Money is not a thing. It is just an …