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20 Jan 2011
Post Thumbnail of Lesson 37 - Horizontal and Vertical Application

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 …

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28 Nov 2010
Post Thumbnail of Lesson 33 - The Salary of a CEO

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 …

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13 Oct 2010
Post Thumbnail of Lesson 29 - The alternative rule

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 …

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4 Sep 2010
Post Thumbnail of Lesson 24 - 5 things you need to know about the working world

It’s not college. Let’s just put it that way.
1) You will have to put double effort and be ready to have your effort to be ignored. They don’t look at the effort, they look at the result. You deliver well, you succeed. You deliver badly, you fail.
2) You will have …

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14 Aug 2010
Post Thumbnail of Lesson 21 - Unproductive things you do at work

These are things that you did at at work that makes you think that you’ve done something but actually you have done nothing.
1) Having meetings with your colleagues, team mates, bosses for hours every single day and writing paper reports.
2) Checking and reading emails sent by your colleagues, teammates, bosses …

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31 Jul 2010
Post Thumbnail of Lesson 18 - The rat race

In business, it’s better to be the first producer of an innovative product.
It’s definitely a rat race out there. Few days late or even few hours late will give the winning title to your competitor. People will look at the first newcomer’s product before anybody else. They will judge from …

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