Get a Chance To Create Your Business

Everybody are looking to gain a money, increase his income resources and build up a portfolio that can meet the needs of living. Furthermore, establish your own business will create opportunity to enhance your financial income and thinking out of the box BUT how you can build this thought and work to achieve it.

I will highlight some point that might help to get a clear picture and start with

Always be on the lookout for ideas. From your work experience, a hobby, or even your experiences as a consumer when there is a demand on some existing product or service you will get a clear idea about what you should offer to enhance this product or service, so you should work to Identify a niche and find out the elements that can contribute to build the foundation of your business.

Work as much as you can to evaluate your idea but in the same time you need to keep in mind the following:

() Market research doesn't have to be complicated or expensive, but you must do it.
() Read the market in different way and try to sketch out the market as a map and you are planning to build your new city in this map
() Conduct research to determine whether there is an adequate number of potential customers to support your product or service.
() Nab the segment that you think it will push your services or product to the right direction and will create opportunity to extend to other segments (Your Target)
() Focus in Funding;  Plan ahead. A written financial plan - whether for a bank or internal use - is a major step in the right direction. A financing plan helps you avoid the causes of cash flow problems, anticipate financing needs (for growth or for survival), and helps keep your total borrowing under control.

My idea in bringing to you a simple great way to enhance your financial income and get multiple income resources. So, if you’ve thought about starting your own business, ask yourself – What do I so much believe in, so much want to do, that I will make effort to make it happen every day, and I’ll be OK with the success or failure of that idea resting squarely on my shoulders? If the answer to that is “nothing,” then don’t quit your day job.  But if something comes to immediately to mind…you might just have what it takes.

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Morgan Stanley has upgraded Dubai Financial Market to Emerging Markets status

Dubai Financial Market on welcomed the decision to upgrade UAE bourses to emerging markets status, saying the move was "overdue".

The decision by Morgan Stanley Capital International (MSCI) was hailed as a "significant step" by Essa Kazim, managing director and CEO, Dubai Financial Market.

In a statement, he said: "This significant step evidently demonstrates international institutions' recognition of DFM's pivotal role over the last thre years to further enhance the UAE market infrastructure.

"This development is overdue in light of the market infrastructure improvements made and ticking of all upgrade requirements a long time ago."

DFM spared no effort and has taken numerous initiatives to lay out the necessary frameworks for various development steps including the implementation of the "Delivery versus Payment" (DvP) mechanism since 2011 as well as the implementation of a Buyer Cash Compensation feature last May. Additionally, we have been actively engaged in productive discussions with various market participants including custodians and institutional investors via a series of meetings held in the global financial centers. The aim of these meetings was not only to explain measures taken but also to listen to their remarks and feedback on further initiatives to follow," Kazim added.

Furthermore, I would add Investors look to changes in MSCI indexes as they are largely followed as benchmarks for both mutual and exchange-traded funds. MSCI estimates that nearly $7 trillion is benchmarked to various MSCI indices on a worldwide basis. About $1.4 trillion is benchmarked to the MSCI Emerging Markets Index.

Therefore, from my perspective emerging markets tend to have higher growth than developed markets and it is step to keep investors in safe position or in small risk even when markets fall. For these investors, emerging market stocks continue to provide important diversification benefits even during periods of significant market declines. 

Emerging economies are expected to grow an impressive two to three times faster than developed nations, according to April 2012 IMF estimates. As an investor, this is important because corporate revenues have the potential to grow faster when economic growth is higher. However, it's important to keep in mind that bottom-line profits also depend on keeping expenses low.

I hope it will be a good opportunity for UAE stock market to enhance its performance and reach levels that achieve good returns for the UAE market and investor.

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I really like this article - Act Like a Leader Before You Are One

If you want to become a leader, don't wait for the fancy title or the corner office. You can begin to act, think, and communicate like a leader long before that promotion. Even if you're still several levels down and someone else is calling all the shots, there are numerous ways to demonstrate your potential and carve your path to the role you want.

What the Experts Say
"It's never foolish to begin preparing for a transition no matter how many years away it is or where you are in your career," says Muriel Maignan Wilkins, coauthor of Own the Room: Discover Your Signature Voice to Master Your Leadership Presence. Michael Watkins, the chairman of Genesis Advisers and author of The First 90 Days and Your Next Move, agrees. Not only does the planning help you develop the necessary skills and leadership presence, it also increases your chances of getting the promotion because people will already recognize you as a leader. The key is to take on opportunities now, regardless of your tenure or role. "You can demonstrate leadership at any time no matter what your title is," says Amy Jen Su, coauthor of Own the Room. Here are several ways to start laying the groundwork.

Knock your responsibilities out of the park
No matter how big your ambitions, don't let them distract you from excelling in your current role. Focus on the present as much as — or more than — the future. "You still have to deliver results in your day job," says Jen Su. Adds Maignan Wilkins: "You always need to take care of today's business so that nobody — peers, direct reports, or those above you — questions your performance." That's the first step to getting ahead. 

Help your boss succeed

"You have to execute on your boss's priorities too," says Watkins. "Show her that you're willing to pick up the baton on important projects." Maignan Wilkins also suggests you "lean more towards yes than no" whenever your boss asks you to help with something new. Find out what keeps your manager up at night and propose solutions to those problems. 

Seize leadership opportunities, no matter how small
Make sure your "let me take that on" attitude extends beyond your relationship with your boss. Raise your hand for new initiatives, especially ones that might be visible to those outside your unit. "This will give others a taste of what you'll be like in a more senior role," says Maignan Wilkins. It doesn't have to be an intense, months-long project. It might be something as simple as facilitating a meeting, offering to help with recruiting events, or stepping in to negotiate a conflict between peers. You might find opportunities outside of work, too. You can sit on the board of a local nonprofit or organize your community's volunteer day. "These activities send the signal that you aspire to leadership potential," Watkins says.

Look for the white space
Another way to prove your potential is to take on projects in the "white space." These are problems that others aren't willing to tackle or don't even know exist. "Every organization has needs that nobody is paying attention to, or people are actively ignoring," Maignan Wilkins says. For example, you might be able to identify a customer need that isn't being met by your company's current product line, and propose a new one. Or you could do a quick analysis of how much a specific change would save the company. When you take on a task that no one else is willing to do, you make yourself stand out. 

Don't be a jerk
There's a fine line between being ambitious and acting like you're too big for your britches. "Don't try to exert authority when you don't have it," says Watkins. Practice what he calls "steward leadership": focus on what your team wants to accomplish instead of putting yourself first. Jen Su recommends "humble confidence," showing appropriate modesty in your role, while having the self-assurance to know that you will rise to the next level. 

Be cautious when sharing your ambitions
It's appropriate to raise your ambitions with your manager if you have a trusting, solid relationship, but frame them in a way that focuses on what's best for the company. Jen Su suggests you lay out your accomplishments for the past year and then ask something like, "As we look further out, where do you see me continuing to make a contribution?" Watkins warns that these conversations shouldn't come off as being all about you. Instead, engage in a two-way conversation with your boss. If you have the kind of boss who may feel threatened by your aspirations, it's better to keep your ambitions quiet and prove your potential. 

Find role models
Look for people who have the roles you want and study what they do — how they act, communicate, and dress. "Pick someone at the next level, someone similar to you, and find a way to work with them," says Watkins. Volunteer for a committee they're spearheading or offer to help with one of their pet projects. Identify behaviors that you can emulate while being true to yourself. "You don't want to fake it," says Maignan Wilkins. It might also help to study people who are stuck in their careers as examples of what not to do, Watkins says. Are they clumsy politically? Do they disrespect the lines of authority? Do they fail to make connections between departments? 

Build relationships
There's an old adage, "It's not who you know, it's who knows you." When you're evaluated for a promotion, it's unlikely your boss will sit in a room alone and contemplate your potential. She'll rely on others to assess your ability, which means you need supporters across the organization — people who are aware of the work you're doing. "If you find yourself walking down the hall with the most senior person at your company, be prepared to answer the question, 'So what are you up to?'" Maignan Wilkins says, "Don't take lightly any interactions that may seem informal. Treat every situation as an opportunity to demonstrate the value you bring to the organization and your knowledge of the business."

Principles to Remember
Do:

• Look for every opportunity to demonstrate your leadership potential, at work and outside the office
• Support your boss in reaching her goals
• Find people in positions you aspire to and study what makes them successful

Don't:

• Let your ambitions distract you from doing your current job well
• Exert authority where you don't have any — use influence to prove your leadership chops
• Openly discuss your ambitions — it's safer to take a "show, don't tell" approach

Case study #1: Focus on solving problems, not getting promoted
In late 2010, after ten years at Citi, Heather Espinosa was promoted to managing director. She reached this executive position by continuously challenging herself — and by making the most of each of her previous roles. "I've never been concerned with my title. When I thought an assignment was a stretch, I took it," she explains. "When I applied for my previous position, the job carried the title 'project manager.' But after my first conversation with the manager, I knew it was a position that would require complex leadership skills and challenge me, so I accepted the job." 

In each role, Heather embraced additional responsibilities without being asked. "I make an effort to volunteer and raise my hand where I see a need. I started taking on the responsibility of managing director with the hope that if I performed well, the title would come." And her bosses have always respected this approach. "I rarely walk into my manager's office and say I want to talk about my career or my next promotion. I walk in and say here's a problem and here's how we might address it," she says. 

Case study #2: Take any leadership opportunity you can get

Mike Subelsky, the co-founder and CTO at Staq, a tech start-up that makes software for digital advertising companies, spent most of his early career in roles with lots of responsibility, but not much authority. "I held a number of positions where I felt I had a great deal of influence, but I was never the one calling the shots," he says.
Still he worked hard, hoping to someday move up the ladder. "I've always tried to be the kind of employee that the boss never has to worry about," he explains. He focused on doing the best he could in whatever role he had, and always raised his hand for projects. He also looked for opportunities to exercise leadership outside of the office. In 2004, he started a nonprofit in Baltimore. "It was a great laboratory," he says. "It allowed me to practice being a leader."
Then, last year, he and his partner co-founded Staq. All of Mike's preparation had paid off. In fact, the company received $1 million in seed funding this past month. "I always knew I wanted to be where I am now: I am hiring employees and creating a wonderful place to work." 

Written by Amy Gallo

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It is time now for profit taking in UAE Stocks Market - May 1st, 2013

As I mentioned in my previous post about what was the time for buying Shares in UAE Stock Market. Today I would like to inform you that Shares on the UAE Stock curve will be dropping for the first successive trading day as investors to cash in on gains (profit taking). 

This will occur as a result of an event that triggers a rise in the stock before the announcement of the financial results of companies. It is following strong gains and awaited the release of more economic data  I would like to say it is a matter because,  selling off shares, however, causes the price of a stock to fall. 

Generally, though, profit taking is seen when there is an upward trend in the overall market. From my perspective, the profit taking will be continuous today in Dubai and Abu Dhabi Stocks Market, based on that I would strongly say it is better to leave the market at least in this time 10 - 14 days in May to some profit-taking, and then start buying from the bottom. 

Good Luck

http://www.youtube.com/watch?v=2To2OpHHfyg

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Best Tme to Buy Shares in UAE Stock Market

Do you know what is the best time of day to buy a stock in UAE stock market to get the lowest possible price and get a benefit within two days? Often I am checking the whole global stock market before I go to sleep at night and next day at early morning I check Nikki market before closing to sketch out a clear picture about what is going on the global market  

Actually if you are an professional investor it does not matter, unless there is some news that comes out before the opening bell. However, if you want that extra edge, the best time of day to buy a stock is about 1:55 pm in the afternoon. I believe you will ask me why the best time to buy a stock is before market close.  

I am not a day trader and I am not giving any advice but I have and got a wide experience in UAE market and know the yarns game. However, when I personally want to try to statistically maximize my price I try for 1:45 in the afternoon. I think this is best because this is the time when day traders clear their positions.

The stock market is open at 10:00 am and closes at 2:00 pm.  Day traders are most active in the morning and the afternoon. When the market approaches close many clear their positions to go home or rebalanced their portfolios. They do not wait for 2 pm for various reasons. Mostly day traders do not want to have the risk of holding a position after the close because news or price changes over night cannot be controlled specially in Thursday! 

They are in the game of just watching the trend and making money off of it during the day.  In the same time there are several tricks need to watch out before following the crowd and buy any stock. These tricks should be pursued thoroughly and daily before entering into a share purchasing

Good luck

http://www.youtube.com/watch?v=LCnEhDiBvJ8

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Information Technology & Organizational Profitability in terms of Green IT

Do information technology and Information System investments improve and enhance organization profitability? If so, is this effect because such investments help improve sales, or is it because they help reduce overall operating expenses and play a key role in value chain? How does the effect of IT on profitability compare with that of advertising and of research and development?

For instance,  in environmental aspect, Researchers have estimated that information and communications technology (ICT) is responsible for at least 2 percent of global gas emissions, such as, data centers, computers and other technologies. The environmental sustainability of information systems has been identified as an important topic in the mainstream of IS research (Elliot, 2007). It’s becoming increasingly clear that sustainability can be considered as driver of new growth that capitalizes on a rising demand for environmentally friendly and energy-efficient products. In recent years, business and academic interest toward green product development is rapidly growing (e.g. Baumann et al., 2002). Green product development is receiving increasing attention as means to improve companies’ performance (e.g. Pujari, 2006). IS leaders took heed, and CIOs recently singled out “Green IT” as the most important sustainable strategic technology for 2008 (Thibodeau 2007).

Green Strategy should consider how all goals, from a reduction in electricity usage to carbon footprints. According to (Brooks, Wang and Sarker, 2010) “green” is usually understood to mean environmentally friendly and energy efficient, which can best be supported by IT systems (hardware, software), and how the technology such as Green IT will play an integral part in the firm’s long-term strategy to reduce its carbon footprint and reduce expenses.. For instance, academic literature has primarily focused on large organizations in the technology industry like Dell, HP, and Fujitsu (Pollack, 2008) to analyze their green and sustainable initiatives.

IT is already helping companies take their first steps towards energy conservation. Simple measures, such as having computers and lights shut off automatically at set times, or setting room temperatures to an automated schedule, bring energy significant savings. “IT has a huge opportunity in terms of reducing its consumption and complexity and utilizing IT assets more effectively to drive down the carbon footprint,” says Vijay Sankaran, Ford’s director of infrastructure operations Based on that, the organizations have begun to understand the implications of managing (or mismanaging) IT-related power consumption. For instance, the cost of powering a desktop computer over its life can exceed its initial price, with over 70% of this cost coming from when the computer is not being used. 

 

A number of organizations are expected to jump on the Green IT bandwagon pushing the Green IT services market to an estimated US $4.5 billion by 2013 [Mines, 2008]. Therefore, the development of IT green services may play an essential role in helping companies and economies towards environmental sustainability (e.g, Commission of the European Communities, 2001). For instance in 2010 and 2011 video conferencing efforts an environmental savings of more than 87,500 metric tons of CO2 emissions. This indicates that Telecommunications as an IT/IS technology have the potential to help to reduce other industries carbon emissions such as, develop supply chains and reduce other operation task, or allow more precise management of office lighting and heating, or industrial equipment.

Furthermore, Green IT, in another part of the definition, can lead to a new stage of competitive advantage, especially for the companies that move quickly and realize benefits early – It’s increasingly clear, in fact, that investing in sustainability can enhance national competitiveness (Daniel Esty and Charnovitz 2012).

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