Archive for the ‘Marketing Tips & Advice’ Category

Paypal remit problems for Indian firms and its broader implications

Sunday, February 14th, 2010

Paypal has recently stopped allowing Indian providers to receive funds from other paypal account holders and it is also voiding the withdrawal of funds by Indian establishments to their Bank A/c’s in India. This is a double whammy by Paypal as most small to medium web dev shops and freelancers in India depend on Paypal for receiving payments from their clients abroad.

Also, the way Paypal has handled this situation is a bit appalling. Rather than intimating the Indian account holders in advance and assuring them of a resolution, they are first reversing the received funds back to the users and *than* informing the sellers of this issue.

While I am sure Paypal is working hard to resolve this issue as they have the financial strength and their brand image to safeguard, this raises some valid questions on how reliable are these online service providers in India. If this can happen to Paypal, what stops Gmail, Facebook and other such online providers from blocking access to their services to Indians?

As these firms are operated from outside India and are not governed by Indian laws and regulations, their failure to comply with any present and future law and regulations in India, might force them to rescind their services to their users in India.

My advice for avoiding such a situation from adversely impacting your business would be to read the fine print for all such online services which your business depends on and have a Plan B in place in case these services are unavailable one fine morning, as in the case of Paypal.

Update: The head of Paypal APAC region has posted an update on this issue, whch can be viewed at www.thepaypalblog.com.
There has been quite a bit of criticism for the post on Paypal, which can be viewed on the EvenHorizon1984 Blog.

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How to get the better of Information Overload (in the online world)

Wednesday, October 7th, 2009

Information Overload: The Power Of Knowledge Can Be Too Powerful To Handle At Times!

“Where is the Life we have lost in living? Where is the wisdom we have lost in knowledge? Where is the knowledge we have lost in information?”

- T.S.Elliot
(American born Playwright, Poet and Critic)

What is Information Overload?

Imagine the level of information your brain holds for you. Consider everything that you know. Starting from the primary levels of education in your beginning school to your highest degree or certification, the amount of information your brain holds for you can sometimes match some of the ultra powerful databases. But this is only formal education that we have considered!

Now look at the other side. Constantly, your brain has imbibed information since the day you were born. Experts suggest that this information is never erased from your brain. If you can learn the art of mind control efficiently, then you can recall each and every event in your life, every line or sentence that you have read, and even remember the smell of the food that you tasted for the first time in your life.

And we are still cramming information into our brain each day. This is natural, with the phone numbers, the website URLs, the text messages, your favorite songs or the TV series, the notes from your college or university, social media sites over the internet, RSS feeds, and much more, coming your way almost every minute.

What does all this result in?

“Information Overload!”

But How does Information Overload Affect Us?

There are many ways in which information overload can turn out to become a problem for us. Look at some the most commonly observed results by behavioral experts:

- Psychological Effects on your Mind that Slow you Down:

Mental tiredness, loss of memory, inability to recall recent events, lack of concentration, lack of focus, irritability, and a host of other psychological problems can result from information overload.

- Professional Arena:

Information overload affects your professional life as well. You display lower productivity and inefficiency at work, make silly mistakes with your job, get tired and frustrated easily, and prove to be a burden on your colleagues at times.

- Incorrect Use of Information:

It is often a very common thing to see people making the mistake of using the wrong information at the wrong places. This is another result of information overload and can often lead to serious problems.

- Addiction to the Internet:

With the internet acting as a universal knowledge-base, people have become highly addicted to it. This has resulted in the internet becoming a highly desirable tool for marketing. At the same time, there are a huge number of self proclaimed gurus online, who often turn out to be absolute con men!

- Staying Ahead of Your Peers on the Social Media Sites:

With every one of your friends on social media sites like Facebook, Twitter, MySpace, Blogger, etc, it becomes a challenge to be on each of those sites yourself, and connect with the maximum number of friends. The more friends you have on your blog and the more RSS feeds you subscribe to, the more popular you are. Consider gadgets like Blackberry and the other smart phones that let you stay online 24×7! These too leads to information overload.

- Loss in Revenue for Businesses:

Often companies and organizations lose hundreds of dollars because of information overload when they are not able to manage the information efficiently. Striving towards getting more information often causes misuse of data, and the money spent in gathering the data in turn is seen to be a complete waste.

The year 2008 alone saw around 1 billion dollars of productivity loss in the US due to information overload!

- (BASEX 2008)

The Chief Causes of Information Overload?

Information overload is an issue that has is seen due to a number of reasons. Let us look at the most common reasons that have resulted in it being a major issue for us today.

1. TV Channels

2. Offline free publications in your mailboxes

3. Mobility of services – like mobile internet

4. Mobile phone services like Texting

5. Websites, blogs, forums and community sites

6. RSS subscriptions

7. Marketing media

8. Education and training

9. Technology leading to globalization

10. Business Competition

All these reasons have greatly affected the present day world, resulting in our brains often getting crammed up with unimportant information, reducing productivity and efficiency for us, and hampering our health to a great extent.

“Information is a source of learning. But unless it is organized, processed, and available to the right people in a format for decision making, it is a burden, not a benefit.”

- William Pollard

There are a Number of Ways to Curb this Issue with Information Overload

1. Learn to Recognize

One of the most important points to consider with information overload is to understand the authenticity of information that comes your way. For example, when you are online you will come across the self proclaimed gurus who would want to provide you with readily available free information that might be totally unimportant.

It is very important for you to be able to determine the authenticity of the people you come across online. Pay heed to only authentic information instead of believing each and every person that comes your way. This can prevent a lot of unwanted and incorrect information from causing burden for your brain.

2. Learn to Filter

Use effective measures for filtering unwanted information out to prevent Information overload. Unsubscribe from unwanted newsletters, blogs and community sites. Don’t give out your personal information easily or let businesses and sites add you on their mailing lists. Try to be very choosy about the sites and the people you are dealing with online and over the phone.

3. Discipline and Proper Scheduling

This is an important point to consider as well. You must discipline yourself with the information that you access through each day to prevent information overload on your brain. Try to avoid watching too much television for a start. Whenever you feel like there is some information coming your way that you may do without, avoid it. You have to discipline yourself with regards to the amount of information that you expose yourself to.

It is a good idea to maintain a schedule every month as to what your targets are and follow up on it efficiently. This will restrict you from trying to get too much done and venture into too many things. This needs a fair bit of discipline on your part to enjoy the full advantage of this.

4. Proper Planning

Even when you are looking at staying ahead of your competition in the market, you have to be very clear with how you are going to go for it. If you try to stay ahead of each and every trend in your business, you might end up being unable to achieve anything of significant value. Hence try to set your goals, and plan accordingly.

Even when you are looking at acquiring new skills and information on better systems for your business, you must go about doing it step by step. Don’t try to achieve too many things too quickly. This will make it too tough to manage and you will not be able to concentrate on anything properly. This generally causes undue stress and tension for you, lowering your productivity.

5. Sleep, Rest and Meditate

One of the strongest medicines for getting rid of information overload is through proper rest and meditation. This always calms down your mind, and helps it to be able to organize and manage information more efficiently. Enough sleep and rest can reduce the anxiety and irritability that is often a very pronounced result of information overload.

The Final Word with Information Overload

As we have seen, information overload has proved to be a major issue in a number of cases. Most of us suffer from this at some point of time or the other, and blame technology and internet for being the chief cause for this. However, it becomes important for us to consider the fact that while technology can be a major reason for information overload, it is on us whether we want to be a victim of this problem or not.

Technology and the internet have a huge scope of options for us. Consider walking into a huge supermarket. There is going to be hundreds of products, offers and items for you to look at, and you can spend hours just looking at the products on display without really purchasing anything. When you finally walk out, you might not have purchased even a single item. So you have spent time to return you nothing.

The internet is nothing but a supermarket. There are millions of sites on it offering you with a never-ending database of information. There are offers, knowledgebase articles, games, movies, videos, music, news articles, and everything else that you might want to learn about. And companies want you to look at their sites to get more site traffic.

Advertisers and promotional agencies make the internet even more compelling and addictive for its target audience, making it harder for you to get off it. So, the onus is on you as to how you are going to discipline yourself and recognize what is it that is important enough for you time on the internet. Use the internet to your advantage – don’t let the agencies over the internet take the advantage of you!

We are currently living in a world where information can travel across the globe in seconds and disseminated for free. It is for you to decide how much of it is useful for you and whether it makes adds value to whatever you are involved in. “Necessity is the mother of invention”, which means technology was designed to help us. Try to focus on the information that you require instead of going for whatever you can get hold of, just because its available.

Books like friends should be few and well chosen” and the same holds true for all the social networking websites, portals and the offline media which are overwhelming us with information but might not be adding any significant value to our overall growth and well being.

“Knowing a great deal is not the same as being smart; intelligence is not information alone but also judgment, the manner in which information is collected and used”


- Dr. Carl Sagan
(American Astronomer and Scientist)

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SEO Tips to improve your search engine rankings

Sunday, August 30th, 2009

This post on SEO tips is meant for small business owners and individuals who have an online presence for their organisation but are unable to generate consistent and relevant traffic from the search engines (namely Google, Yahoo and Bing) to further their online presence and get a measurable return on their investment.

Without a doubt getting ranked on the leading search engines for keywords which are relevant to your products or services is the most effective way to boost your online revenues. However, it is surprising how little thought and effort is being spent by most web developers and website owners in improving their rankings on the search engines. The following SEO tips should improve your search engine rankings and help you generate relevant search engine traffic from Google and others on a consistent basis.

SEO Tip #1: Check if your relevant web pages are listed on Google

The first step would be to check if Google has already indexed the pages which you are hoping would be listed on its search database. To do this you should go to Google and type in the text info: followed by the url which you want to check on the Google’s index, e.g. info:www.diadem.co.in/web-hosting/web-hosting.html. If your webpage has been indexed by Google, it would show up on the search results, otherwise, you will get a ‘Sorry, no information is available for the URL:’, which means that the Googlebot and possibly the other search engine spiders has not yet been able to index your page on their search database.

SEO Tip #2: Check for relevant keywords using the Google Keyword Tool

The next step would be to check which are the relevant keywords which people are searching for on the search engines. There are many paid tools such as Wordtracker and Keyword Discovery but I would recommend using the Google Keyword Tool if you are starting off with keyword analysis. The Google Keyword tool allows you to enter your key phrases and come up with an estimate of the Global and Local search volume for that keyword alongwith the competition index if you wish to use Adwords to get listed on the sponsored listings section for that keyword.

SEO Tip #3: Create separate ‘landing pages’ for each keyword or a group of closely linked keywords

The next important step would be to create a landing page dedicated for that keyword or a cluster of closely grouped keywords which are related to each other. In SEO parlance, such pages are known as ‘landing pages’ as they bring users from the search engines to a URL within your website which has relevant content to the users search needs and not directly to the homepage.

SEO Tip #4: Your webpage URL should contain the relevant keyword which you wish to optimise

If you are optimising your landing page for ‘tour agents in india’, your webpage url should ideally have these keywords within its url, e.g. www.yourdomain.com/tour-agents-in-india.html. If your website is based on a CMS like Joomla, use .htaccess and mod_rewrite apache modules to create SEF (search engine friendly) URLs for your webpages.

SEO Tip #5: Update every page of your website with relevant and unique metatags

Though the importance of meta description and keyword tags don’t seem to play a big role in enhancing your search engine rankings, each page of your website should have a unique meta description and meta keyword tag to ensure that search engines identify each of your pages as unique use display the meta description text below the search engine listings text.

SEO Tip #6: Images used within your landing pages should have the same name as the keyword which you intend to optimise

As the search engines cannot decipher the visually stunning graphics on your website, you need to ensure the following:

  • The image name contains the keyword which you are optimising for your landing page, e.g. chennai-hotels.jpg.
  • The alt text tag for the image name should also contain the desired keyword, e.g. alt=”hotels in chennai”.

SEO Tip #7: Write original SEO content which is easy to read and relevant to your target audience

Search engines are looking for original, unique content which is well written and grammatically correct so you should avoid stuffing your landing pages with keywords or having text which is poorly written.

SEO Tip #8: Limit the number of times your keyword is repeated on the body content of your page

As a thumb rule, do not repeat the keywords more then 3-4 times on the body of your page as the search engines might penalise your webpage if they consider that your page is being stuffed with the same text beyond a reasonable no. of times.

SEO Tip #9: Generate a sitemap for your website to enable search engines to index your content

Creating a sitemap and submitting it to Google using the Webmaster Tools allows Google to index your site much faster (sometimes within a few days) in comparison with waiting and hoping for the Googlebot to come over and re-index the content of your website. You can create a Google compatible XML sitemap for your website at XML-sitemaps.com, which is free and efficient.

SEO Tip #10: Check if your landing pages are indexed on Google and listed for those keywords

Once you have submitted your site through the Webmaster Tools, check back every few days if Google has indexed your landing page (use the Tip #1, stated above). After your webpage has been indexed by Google, you can check the search rankings for your page using the Free Keyword Position Checker Tool by SEOCentro. This tools allows you to enter your desired keyword, your website URL and lists the ranking of your website on the Google, MSN and Yahoo.

So there you have it, the 10 tips on SEO which is a surefire way to get your site listed and ranked on the search engines. You can repeat this process all over again for the next set of keywords which you wish to optimise for your website. There are other advanced methods to improve your rankings on the search engines and hopefully we will touch upon them in our future posts. However, the above guidelines are proven to boost SEO rankings and are used by leading SEO consultants worlwide, so you should be in good company!

Happy Rankings and feel free to post your comments to this post.
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Top 11 reasons to redesign your website

Tuesday, August 25th, 2009

Your website is a key tool to enable your business to reach out to many thousands of potential prospects over the world wide web and it needs to be updated and improved upon on a continuous basis to ensure that you have your best foot forward and your prospects choose your services over the competition.

Here are my Top 11 reasons, which I feel should move you to rework your online presence, if one or more of these reasons apply to your website:

1. My website is outdated, looks unprofessional and doesn’t have the upmarket feel which I need to project of my company!

2. The products/services which we sell are not updated online and leads to confusion when we meet our clients.

3. My website is not built on W3C web standards.

4. My site is not search engine optimized and doesn’t rank well on the search engines.

5. I need to manage/update my website content on my own through a backend CMS platform.

6. My website is not built using open source tools and applications.

7. My website developer is unable to work on my website and I need to work with another developer.

8. My website is done using Flash and takes ages to load online.

9. My website doesn’t render properly across the current browsers due to issues with the JS/PHP code.

10. My website is not ready to handle online transactions

11. My website code is insecure and vulnerable to XSS issues and SQL injection vulnerabilities.

If you can come up with additional reasons to redo your web presence, please share them by posting your comment to this post! :)

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A Beginners Guide to Domain Name Registration

Tuesday, July 14th, 2009

A brief primer on domain registration services and tips to ensure that you have complete control of your online web assets.

Firstly, the techie stuff :) . The main purpose of a domain name is to provide symbolic representations, i.e., recognizable names, to mostly numerically addressed Internet resources. This  allows any resource (e.g., website) to be moved to a different physical location in the address topology of the network, globally or locally in an intranet, in effect changing the IP address. This translation from domain names to IP addresses (and vice versa) is accomplished with the global facilities of Domain Name System (DNS).

Top-level domains

Every domain name ends in a top-level domain (TLD) name, which is always either one of a small list of generic names (three or more characters), or a two-character territory code  Top-level domains are sometimes also called first-level domains.

Few Examples of TLDs : [ .com  .in  .net  .org  .net  .asia  .edu  .biz  .info  .edu ]

Domain Name Registry Services

A domain name registry, also called a Network Information Center (NIC), is part of the Domain Name System (DNS) of the Internet which converts domain names to IP addresses. It is an organisation that manages the registration of Domain names within the top-level domains for which it is responsible, controls the policies of domain name allocation, and technically operates its top-level domain. It is potentially distinct from a domain name registrar.

A domain name registrar is a company, accredited by the Internet Corporation for Assigned Names and Numbers (ICANN) or by a national ccTLD authority, to register Internet domain names. These “retail” companies are often distinct from the “wholesale” domain name registry operator.

ICANN has authority over generic top-level domains, or gTLDs. Examples of gTLDs include .com, .net, .org and .mobi. ICANN does not have authority over ccTLDs, or Country Code Top-Level Domains, although it is quite common for domain name registrars to offer ccTLD registration services as well. Most registrars provide DNS hosting service, but this is not required, and is often considered a separate service.

ICANN is the Internet Corporation for Assigned Names and Numbers. Headquartered in Marina Del Rey, California, United States, ICANN is a non-profit corporation that was created on September 18, 1998 in order to oversee a number of Internet-related tasks previously performed directly on behalf of the U.S. government by other organizations, notably the IANA (Internet Assigned Numbers Authority).

Now, for the interesting bit. Domain name registrations involves registering a domain name with an approved registrar. The process is broken down into the following steps:

  1. You have to chosse a unique domain name that is not presently owned by anyone else.
  2. Find a company that registers domain names from ICANN accredited registrars and do some market research before registering domains with them . Few examples few ICANN accredited registrars are:
    • eNom, Inc.
    • Network Solutions, LLC
    • Register.com, Inc.
    • Directi Internet Solutions Pvt. Ltd. d/b/a PublicDomainRegistry.com
    • You can gather more information from http://icann.org/
  3. Verify the  information and control that you would get about your domain upon registration. Few details that you should obtain upon the domain registration are:
    • Domain management control panel login details from where you can set your nameservers or use other features like managed DNS service, etc.
    • You should get the Authorization Code for your domain which is a Secret code for your domain required if you wish to transfer your domain name from the current registrar to a new host.
  4. Always ensure that the Administrative as well as the technical contact information that you provide are valid and the e-mail ids are functional since all the correspondence related to your domain would be made to this e-mail id.
  5. You can register a domain name for maximum of 10 years at a stretch (this might vary for some extensions, like .in, .co.in where the maximum period of domain registration is 5 years).

Domain Name Transfer Procedure:

At times, domains are sold to another organization or sometimes the name of a company might change. Most registries require a letter of permission from the old owner to hand over control to the new owner. The procedures for Transfer of ownership will depend on the registry.

Domain Name Lock:

This facility helps to keep your domain secure from disgruntled ex-employees and hackers. Once you activate Domain Lock, no changes to your domain is permitted. Your domain has unlocked by you before the domain can change hosting, contacts, registrants or even transfer out to another registrar.

The Domain Lock section is password-protected, meaning only the authorized user can access this section. The username and password to the account is not enough. It asks the user additional queries like “what’s your mother’s maiden name?”; “your pet’s name is…” and so on. Facts that only you know.You should always ensure that your domain is locked until you specifically request for unlocking it to your registrar.

Domain Privacy

The last factor you need to consider is the possibility of somebody looking for you on the web.  Anyone can search for domain owners on the WHOIS website.  Depending on what you have going on, you may not want to make this information accessible.  In this case, you could opt for domain privacy which will keep your domain name private on the WHOIS database.  A registrar typically charges an additional fee for this service, but you might find it to be worth the extra costs.

Diadem Technologies Pvt. Ltd.(www.diadem.co.in) is a value added partner of multiple accredited ICANN registrars namely eNom, Inc. and ResellerClub and has over 5k+ domains under its management. You can send us your domain related queries at support@diadem.co.in and we can give you expert advice on how to effectively secure and retain control of your online web assets.

10 Tips to Beat The Recession Heat

Wednesday, April 29th, 2009

If you are an entrepreneur (doesn’t matter whether you are a 1 person entity or a 1000 person enterprise), chances are you might be feeling the heat of the downturn, unless you are selling a service which we cannot do without and there is no competition (e.g. the electric utility, your mobile service provider or your doctor).

Here is my collection of the Top 10 Tips which would help you beat the heat of the downturn and hopefully emerge stronger from this once in a lifetime event.

1. Stop Innovating

As entrepreneurs or business managers, we continuously strive to get a step up over our competition by doing something new and different, in the hopes that this can be a sure shot way to bring in (hordes of) new business through the door. While progressive innovation is a good thing, making too many radical changes in your product or service can cause you to lose focus on the core and current business issues of your company. You will be running towards a mirage, expecting a silver bullet to cure all your business woes, which might not happen and you might be in a tighter spot than where you are now!

Instead, focus on improving your current business processes, systems and address the long standing issues which you were not able to get around to earlier. Try and improve what has already been built and is working (albeit a bit slowly). Rest assured, that once the market turns around and demand picks up, your clients will value the subtle extra services or convenience which your product has to offer. Unlike Nokia, you really don’t need to start something new today!

Step 2: Automate Your Business Processes

When we built our web enabled CRM application, it took us nearly 5 months of hard work and considerable effort and many people thought that this was an inessential service and something which was avoidable, as manual processes were sufficient to handle the current load of customers. However, we knew that our hosting services would grow and the CRM would enable us to automate and improve client communication, thereby generating more sales and we were so right.

Its been nearly four years now and our CRM utility has paid us rich dividends in keeping our clients happy and securing more business from them. The morale of the story is that you could and should look at your current business systems and figure out how to automate and eliminate manual intervention to the maximum possible extent. This is a sure shot way to cut costs, improve productivity and pass on the benefits to your customer, building up more scale and profitability.

3. Start Marketing Your Products/Services Online

With the advent of Google Adwords and other PPC advertising systems, there is no reason why you cannot do very effective target marketing campaigns, which only show up when your target audience searches for your products/services. There are companies which only advertise online and this is the way forward for most businesses in the near future as the ‘web’ becomes omni present around us. Note however,  that setting up an online advertising campaign is not easy and requires you to work with a team of marketing and web specialists who have proven success in this domain. Also, you need to look at this effort as a long term investment and put in many hours of effort before you start seeing tangible results, so this is not a quick fix solution, if that’s what you are looking for.

4. Get Up Close and Personal

When was the last time you spoke to one of your current customers and heard them discuss issues with your product/service? Chances are you like most of us would like to avoid dealing with your existing customers and would leave them to be handled (sometimes manhandled as well) by your support reps. While, having a dedicated after sales support team is an essential aspect of providing good customer service, don’t presume that they are always doing a great job of it!

You need to be in constant touch with your most paying customers and also pay attention to your not so paying customers as well. Every interaction will give you an insight of what the market really wants and you are the best person who can use this knowledge to improve your offerings. I recommend that you speak to at least one of your clients everyday, even if its not related to any support issues, so that they know you are around and that you value their business.

Step 5: Conserve Cash

We are all aware of how important it is to cut back expenses during a downturn and reduce overheads. But some of us realise this virtue once its a little too late and after we have burnt a substantial amount of our hard earned capital. In the first stage, we are in a state of denial and refuse to accept that the market has turned bottom side up and we keep pushing at it with all our marketing might. In the second stage, we look for a silver bullet with a hastily implemented product/service that is launched with a lot of fanfare and expectations. When even this also fails to stimulate the market, we land up in the third stage and where we start to panic and take hasty decisions which damages your organisations goodwill and standing in the marketplace.

The key here is to keep an ear on the ground and become aware early of the emerging trends in the horizon. You can then adapt your operations and services much in advance which will help you secure your position in the marketplace and possibly enhance it as well. You need to do your own research and trust your own instinct to navigate you through such situations.

Step 6: Get Fighting Fit

While its important to focus more on your business during hard times, it shouldn’t be at the expense of your health. Spending long hours at your desk might make you less productive on a long term basis apart from taking a toll on your overall well being. Staying healthy requires you to devote at least an hour for 3 days/week with any physical activity which you can pursue on a long term basis. Strength training, jogging, running, swimming, cycling, yoga or even simply walking are some of the excellent way to achieve good fitness along with a well balanced diet.

Remember, when the market turns around, you need to be fighting fit to grasp the opportunities with energy and enthusiasm and not look feel like a dried up vegetable!

Step 7: Enhance Your Knowledge

OK, when was the last time you picked up a technical book on your areas of service? Chances are, its been a while and we are all guilty of postponing learning those cool new technologies/innovations due to lack of time. However, this is a great time to invest in yourself and learn about those key innovations in your business which you had always wanted to but simply had no time to look through. Remember, all the best brains in business, spend a lot of time poring through books, manuals and blogs to help them get a 360 degree view of their services and there is really no excuse for you not invest a small amount of your time everyday in getting better at what you do.

Remember, your clients are doing business with you as they assume you to be (amongst) the best in the industry and if they come across someone else who has a better handle on things, they might simply switch to your competitor.

Step 8: Share Expenses

Instead of completely cutting down on a service which you feel is valuable but cannot afford it, you might consider to share that expense with another organisation, who is not in direct competition with you. Some examples could be your unutilised office space, broadband connections, car pooling, online subscription services, bulk hosting plans, specialised staff, etc.

Sharing expense allows you to avail of the same services which you had been doing earlier without the whole burden of it on your shoulders. Think of it as car pooling for your business.

Step 9: Take a Vacation

Sometimes, it might make sense to step out of the confines of your current environment and take a vacation, even though there might be pressing issues back home. Taking a break from work and going for a holiday, allows you to recharge your batteries, get a different perspective on your current problems and address them with even greater enthusiasm once you are back to work.

Have you ever noticed that people who go for regular vacations (at least once an year) are on a more even keel and more relaxed then those who don’t. Don’t be a paranoid workaholic but believe in yourself that everything will work out fine and the world will not come to an end while during your week long break.

Step 10: Cut Your Losses and Move On

While watching a recent interview of Azim Premji, the Chairman of Wipro Ltd., he made a remark that the world has been fundamentally ‘reset’ and the old ways of doing business might not work anymore in the new scheme of things to come. His remark made me sit up as it was a subtle message which had very wide implications. What had worked previously, might not continue to work anymore.

If something is not working anymore, don’t go in a tizzy and push your head against the wall. Instead, accept it as an inescapable truth and move on from there. The world order has been fundamentally shifted after this ‘financial tsunami’ and we need to accept this and move on. Sure, there would be many more opportunities in the days ahead but it might not be something which are expecting and you need to gear up for the same!

Feel free to post your comments and add some more tips to this post!

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