Posts

Showing posts from September, 2020

Blog 10 - Investor's profile

  Juan Enrique Millet Zapata Investor’s profile   An Investor needs to have some demotivating aspects in special like:  ·        No logical finance. ·        Lack of clarity. ·        Minimize the importance of the financial factor. ·        Distrust due to lack of experience or perseverance. So, if you want to negotiate with an investor you need to: ·        Identify possible investors: you need to search for an investor and know about him if you want to make a deal with him so it will be easier if you know him. ·        Prioritize them: make them feel special and give him attention. And also, you need to know about an investor: ·        In what does he or she invest? ·        How does he participate in his investment? ·   ...

Blog 9 - Techniques of negotiation

  Juan Enrique Millet Zapata Techniques of negotiation   In this blog I will talk about the techniques of negotiation, so negotiation means a method by which people settle differences, so in a few words negotiation means to reach agreements with a 1 or mor persons, in a negotiation they need to have 2 or more persons so it can be ejected. A negotiation must be beneficial for both parties, be persuasive as a key factor and need to understand that before it is good for us and it is good for them. So, the stages of a negotiation are: Preparation: you need to be ready for the negotiation and know about your benefits of doing it. Discussion (First suggestion): you need to suggest him your product so he will think about that. The sign (First reaction): you need to see his first reaction so you could predict if he will accept the negotiation. Proposals (modified suggestions): you will offer a suggestion about your product but a little bit different. Exchange (to give in exchange of):...

Blog 7 - Marketing Mix

  Juan Enrique Millet Zapata Marketing Mix   In this blog I will talk about the Marketing Mix. Sometimes when the marketing department or in any particular area of the company requires generating changes or developing strategies, a situation analysis is recommended as a basis and this is called Swot Analysis, but also it allows you to identify various aspects that should be considered before making changes in the company like, there are 4 (internal, external, controllable and non-controllable factors). Also, the Swot analysis includes Strength, weakness, opportunity and threat. Strengths: ·        Controller and internal factors of the company that allows us to visualize what the company is doing properly. ·        Some examples could be: having a diversity of branches, use of technology, among others. Weakness: ·        Negative aspects which can be considered as opportunity areas becaus...

Blog 8 - Marketing Implemetation

  Juan Enrique Millet Zapata Marketing implementation   In this blog I will talk about the Marketing implementation in general, it means the process that converts marketing strategies and plans into actions to achieve objectives and our goals but it depends in the situation the business is treating. Analysis of the macroenvironment may carry out a SWOT analysis, it is also important to consider the macroenvironment, which is not controllable by the organization, but it may have a positive or negative way it depends on the situation. P olitics E conomical S ocial T echnological E nvironmental The combination of the minimum variables necessary to be able to develop efficient and effective and effective strategies for the selected market is called Marketing Mix and is composed of 4 aspects: Product: ·        Related to the guarantees and the expectation that the client has. ·        Value added in the visual form. · ...

Blog 6 - What is Entrepreneurship?

  Juan Enrique Millet Zapata What is Entrepreneurship?   A person that identifies opportunities and organize the essential resources needed to take it. Mostly it is usually used to people that start a business that person is called an Entrepreneur and there are two types of entrepreneurs in this world: one is the pure and the other one is the indirect. A pure entrepreneur us the one that initiates an enterprise not for an economical need, but it is because he detects an opportunity and feels passion about starting it. But on the contrary the indirect entrepreneur creates a business due to the economical need and has a lack of resources, so it is harder to him. But to be an entrepreneur you need some qualities to make it easier like:  Initiative: you need to have the feelings to achieve your goals. Vision: you need to see for the future and have a great vision about your business. Tolerance: you need to have some tolerance to your employees because no one in this world is ...

Blog 5 - Basic Administrative Functions

  Juan Enrique Millet Zapata Basic Administrative Functions   In this Blog I will talk about the Basic Administrative Functions so, first in all in a management process there are four steps: Planning, Organizing, Leading, Controlling. Planning : in this step the organization’s goals and the way we will achieve them are the main reason that we have to consider. Also, there are 3 reasons why managers tend to plan and use this step: Identify and compromise the organization’s future and how it will look the business in a few years. Establish general objectives and decide the activities to do in order to accomplish the goal or goals. Organizing : Implies creation of a structure of departments and areas and also the job description. Procedure that considers from which part of the organization, the right people that will take certain parts of the business and will eject their parts on the business. Leading : Remember, your employees will be the ones that will help you to accomplish y...

Blog 4 - Leadership

  Juan Enrique Millet Zapata Leadership   A Leadership is motivation, for others, it equals results and it can also represent inspiration, a leader knows how to motivate better than anyone else and it is one of their main functions. There are three notable styles of leadership. (Kurt Lewin) Autocratic:  is characterized by the individual control of the leader over all decisions and a small contribution of the group members. Also, they usually make decisions based on their ideas and judgements. In small groups with lack of leadership and on situations where you are under a lot of pressure could be useful. Democratic:  encourages the community participation, letting employees decide more about their functions and how the company works. Personnel can express their opinions and aren’t limited to receive orders. Two important aspects in democratic leadership are: communication and empowerment. Empowerment is the process were people strengthen their abilities and confidenc...

Blog 3 - Management

Juan Enrique Millet Zapata Management Blog   Management is the coordination and organization of the activities of a business in order to achieve defined goals, but in management there are also some aspects that we need to consider achieving our goals like:  Time: To achieve your goals you need to have your time managed in a certain way that gives you time to be able to coordinate all the activities of your company and that gives them time to complete their goals.  Money: To achieve your goals you need to spend money on your business so you will earn more money investing in your company.  Human resources: You need to treat your employees with respect because you also need to know that they are also humans and you need to treat them with respect.   Debts: You should avoid debts to your employees and other people since you should know that since you need that money, they still need it to live so you should have the least debts possible.  Investment: You m...