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How the future hold for travel industry? |slemtech.com.ng

How the future hold for travel industry?

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Travel and Tourism industry is growing at rapid pace, with $7887.37 billion global net worth in year 2017. Its growth is directly related with the strength of global economy, which now appears to be recovering from recession that plagued most developed and developing countries for good part of last 10 years. Each year, millions of new tourists and travelers add to the global traveler pool, many with increased disposable income and newfound zeal to travel across the world.

Travel and Tourism industry’s global economic contribution was over 7.6 trillion US dollars in 2016. Let us take a look at the revenue contribution of niche segments of travel industry.

Read more: How the future hold for travel industry?

8 web design trends for 2018 that gives you the eXtra-Edge over others! |slemtech.com.ng

8 web design trends for 2018 that gives you the eXtra-Edge over others!

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Web design, is a relative thing that lasts for a span of just 1 year or so and thereafter requires adaptability to the User experience and its ever changing patterns. The year 2017, was full of such advancements and styling.Design Trends of 2018 is touted to have even more cutting edge for the companies to keep up with the competition.

 

These 8 trending designs have the hidden formula of success for companies in the year 2018.

Read more: 8 web design trends for 2018 that gives you the eXtra-Edge over others!

Why Online food ordering is set to takeover phone ordering | slemtech.com.ng

Why Online food ordering is set to takeover phone ordering | slemtech.com.ng

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In times when several industries are utilizing online shopping to gain popularity, register high annual sales and improve overall reputation of their services, it was only a matter of time before food and beverage industry made its entry in this domain. Online Food ordering and beverage ordering industry is one of the most lucrative industries as it is the basic need of people. Online food ordering is a revolutionary introduction in ever-popular food and beverage industry, and it’s more convenient than regular call-in ordering.

This blog highlights strong reasons as to why online food ordering is set to overtake phone ordering.

Read more: Why Online food ordering is set to takeover phone ordering | slemtech.com.ng

How To Make Money On Instagram With Affiliate Products Slemtech

How to Make Money on Instagram (Whether You Have 1K or 100K Followers)

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You’ve probably heard stories of Instagrammers who are cashing in on the pictures they snap and share every day. You might've even looked at your own sizeable following and thought, “Maybe I can do that too”.

Just like bloggers, YouTubers, and anyone who’s amassed an audience around the content they produce, Instagrammers have reach and influence figured out—two things many companies struggle with.

Together, these two things offer the opportunity for Instagram creators to explore multiple streams of potential revenue, whether they want to build an empire or just earn some extra cash and free stuff.

How many followers do you need to make money?

Read more: How to Make Money on Instagram (Whether You Have 1K or 100K Followers)

Google Vs Facebook Which Should You Use Slemtech

Facebook Ads vs. Google AdWords: Which Should You Be Using?

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Until recently, many advertisers viewed Google AdWords and Facebook Ads in an adversarial way. The two companies’ long-standing rivalry, often dramatized by technology media outlets, was taken as irrefutable evidence that the two platforms were in direct competition with one another, and that it was necessary for businesses of all sizes to make a difficult decision about which platform was right for their needs; a false dichotomy that remains confusing and misleading to those new to online advertising.

Read more: Facebook Ads vs. Google AdWords: Which Should You Be Using?

The 5 Skills Every Entrepreneur Needs |slemtech.com.ng

The 5 Skills Every Entrepreneur Needs

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An entrepreneur can be any person who builds or operates a business, taking on a greater amount of risk than someone who is an employee of a business. Often, this entrepreneurial risk takes the form of financial risk, career risk, emotional risk or overall business risk.

Since there is so much risk of failure when it comes to being an entrepreneur and growing a successful business, there are very specific skills that an entrepreneur needs to be successful.

Communication

Read more: The 5 Skills Every Entrepreneur Needs

10 Characteristics of Successful Entrepreneurs | slemtech.com.ng

10 Characteristics of Successful Entrepreneurs

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Do you have what it takes to be an entrepreneur? Here are 10 characteristics that set successful entrepreneurs apart:

1. Passion and Motivation

Although there are many traits that make an entrepreneur successful, perhaps the most important are passion and motivation.

  • Is there something you can work on over and over again without getting bored?
  • Is there something that keeps you awake at night because you haven't finished it yet?
  • Is there something you have built and want to continue to improve upon?
  • Is there something you enjoy so much you want to continue doing it for the rest of your life?

    Read more: 10 Characteristics of Successful Entrepreneurs

8 Common Business Plan Mistakes to Avoid at All Cost | slemtech.com.ng

8 Common Business Plan Mistakes to Avoid at All Cost

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Before listing the mistakes, you need to know what a business plan is.

A business plan is a formal statement that describes the framework of your business. The business plan shows the goals of your business and it highlights the plans in place to achieving these goals and objectives. The business plan is ever moving, dynamic and it grows as your business grows or expands.

Many business owners recognize the importance of this plan. However, many people, after drawing up the business plan, discover that things are not going as smoothly as they expected.

Despite the perceived viability of their business idea, they get turned down by potential investors. This might be due to varied factors, but an underlying factor in many of these situations are the mistakes when writing the business plan.

These are some common mistakes in writing business plan:

Inadequate Research

Read more: 8 Common Business Plan Mistakes to Avoid at All Cost

What Every Entrepreneur Needs To Succeed | slemtech.com.ng

What Every Entrepreneur Needs To Succeed

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In recent years, there have been dozens of studies about the qualities that make for a brilliant entrepreneur. While the terminology tends to vary from researcher to researcher, four traits show up consistently: drive, creativity, appetite for risk, and social intelligence.

Concurrently, there’s been a pretty thorough nature versus nurture debate surrounding these traits. Are they teachable? Are they not? If so, how? Appetite for risk, for example, seems to be 50 percent genetic, and 50 percent a learned process. But, as I explored in a recent blog about the work of neuroscientist Barbara Sahakian, if this behavior is to be learned, it may have to be learned early. After the age of 27, it could literally be too late to change.

Creativity and social intelligence have also been tough nuts to crack, but here too there's been some progress. In their recent book, The Innovator’s DNA, Harvard’s Clayton Christenson (the author of the still popular The Innovator’s Dilemma) and BYU’s Jeff Dyer make the case  that five key skills help foster these traits. Moreover, according to their eight years of research, cultivating these skills is exactly what distinguishes innovative entrepreneurs and executives from ordinary managers:

Here’s their list:

Read more: What Every Entrepreneur Needs To Succeed

Seven Ways To Improve Your Success As An Entrepreneur | slemtech.com.ng

Seven Ways To Improve Your Success As An Entrepreneur

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Being successful as an entrepreneur means being able to predict the future to a degree. You need to see the trends before they hit and reach your customers with the technologies that most interest them.

This means that it is not enough to coast along: No matter how much you know, there's always something new to learn, or a different approach to try. Canny entrepreneurs know that you not only need a strong social media presence, you also need focus: Focus on the right niches for your market and on staying flexible and agile, to take advantage of changing conditions.

To help you grow, seven members of Young Entrepreneur Councilshare some of the most important things young entrepreneurs need to be doing in today’s modern business world to achieve success. Here is what they had to say:

Read more: Seven Ways To Improve Your Success As An Entrepreneur

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