SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

ways to become a millionaire!

They are many ways of becoming a millionaire but working for someone might not be one of them. For someone with a family to support, leaving the safety of a salaried position is risky, even if it might be more lucrative down the road. If you’re set on becoming a millionaire, but you also want the security of working for someone else, here are a few options to consider.1.) Earn partner status: just look for the company that is going to turn into a partnership firm, there can be a way for you to enter. 2.) Take stock options: many companies offer stock in addition to a small salary, one can accept, as there are more chances of growth. 3.) Savings: savings is more essential than earning more money. 4.) Invest wisely: Many entrepreneurial-minded people are skilled at spotting a solid business concept and putting their money into it. 5.) Taking over business: Eventually, the business owner will retire or move on to other ventures. That could be your chance to shine. 6.) Start a side business: Once your day job ends, your side hustle should begin. With today’s technology, you don’t have to invest in a physical office and a team of employees to start a new business. Read more at: https://www.entrepreneur.com/article/296361

 

 

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CRM statistics that every entrepreneur should know

Customer Relationship Management (CRM) is a necessity for companies of all types and sizes. This software aims to provide excellent customer service, targeted marketing strategies and other benefits which increase the productivity and profitability of business. For any budding entrepreneur who's still on the fence about CRM, these statistics should make the decision an easy one –

·         Worldwide Market of $36.5 Billion

·         Mobile Accessibility Up to 48 Percent

·         Fully Operational Within 18 Months 

·         Satisfaction Rates Start at 54% and Grow

·         SaaS Deployment at 85% by 2025

 

Read the complete article here: http://it.toolbox.com/blogs/insidecrm/5-crm-statistics-every-entrepreneur-should-understand-73295

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A Study On Start-Ups

Small Medium Businesses (SME) contribute to around half of the GDP and two-third of all private sector jobs in UK, thus playing a massive role in innovation. Nearly 9% of the UK adults are now in early-stage entrepreneurship.  Tech firms & digital enterprises has sprung up all over the country. Banks are helping smaller companies with correct tools and best practice in their earlier stage so that these companies can achieve their full potential. Read more about this interesting article by Richard Phelps, Head of Corporate and Employer's Solution at: https://barclayswealthblog.com/index.php/fostering-fast-growth-start-ups/ 

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Cloud as an aid to the entrepreneurs!

What is Cloud? The cloud computing is a phrase, which is used to describe a variety of computing concepts that involve a large number of systems connected through a communication network such as the Internet. It also means the ability to run an application on many connected computers at the same time.

Entrepreneurship emphasizes on innovation and as we all know, innovation leads to sustainability in this volatile demand & application driven market.

The current technological environment demands these two factors, cloud and entrepreneurship to come together as an explorer combo pack. The idea is like start ups can swipe a credit card, buy a little bit of infrastructure and get the idea off the ground. And it doesn't matter if a company’s idea is related to technology, marketing or consumer products. It is a very fast and efficient means of getting the back office & customer-facing capabilities moving.

To read more- visit the following link:

 http://www.dailyrecord.com/article/20140301/NJBIZ/303010002/Cloud-computing-discussed-at-NJ-tech-conference?nclick_check=1

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