Month: November 2017

Environmental, social and ethical pressures on the global textiles and fashion sector emerged in Europe in the early 1980s. The main driver was consumer concern over the safety of the materials. However in parallel with this trend, a minority group of ethical consumers demanded chemical-free and low environmental impact clothing and fashion goods. This resulted in the European and later the US organic labeling system being extended to include criteria for clothing and textiles, such as organic cotton. As of 2007, the sector was the fastest growing part of the global cotton industry with growth of more than 50% a year. With reference to safety standards, primarily addressing consumer concern over chemicals in textiles, the Oeko-Tex standard has become highly popular in the industry. Although unknown to consumers, It tests for chemicals such as flame retardants in clothes and categorizes goods according to their likely exposure to humans (e.g. baby clothes must adhere to the strictest standards for chemicals). Thus the issue of chemicals in clothing has become largely one of liability risk control for the industry with the consumers obviously expecting products to pose no risk to their health. Organic and eco fashion and textiles attracts a far smaller, but fast growing group of consumers, largely in Western Europe and Coastal US.

Of far greater concern to the global fashion sector is the issue of worker welfare. The issue was highlighted by pressure groups such as Global Exchange in the US targeting Levis and Nike and others.
In the late 1980s and early 1990s anecdotal evidence began emerging from labor activists in the US and Europe concerning the supply chains and overseas factories of leading US and European multinationals. A key target was the world’s leading maker of denim jeans Levi Strauss, but more significantly Nike, the world’s largest sports shoe marketing firm. Global Exchange launched its Nike Anti Sweatshop campaign, focusing on the firms sourcing in China and Indonesia.

Issues included child labor, minimum wages, working hours and employee benefits. Activists argued that such issues should not differ too widely from standards mandatory in the West, while Nike argued at the time that differing national economic and social conditions dictated different standards globally. A good deal of negotiations and stakeholder meetings led to a generally accepted code of practice for labor management in developing countries acceptable to most parties involved. The SA 8000 emerged as the leading industry driven voluntary standard on worker welfare issues. SA 8000 supporters now include the GAP, TNT and others and SAI reports that as of 2008, almost 1 million workers in 1700 facilities have achieved SA 8000 certification. Such a certification requires investment in the process but also more significantly in changing labor practices such as wage structures. It is clearly being driven by large US and European multinationals that may require certain suppliers to gain certification.

The Fair Trade movement has also had a significant impact on the fashion business. The standard combines a number of ethical issues of potential concern to consumers environmental factors, fair treatment of developing country suppliers and worker welfare. The Fair Trade label has show explosive growth.

Albeit on a very small scale and not always at the top end of the fashion industry, many niche brands have emerged which promote themselves primarily on sustainability grounds People Tree in the UK states that it creates Fair Trade and organic clothing and accessories by forming lasting partnerships with Fair Trade, organic producers in developing countries. Leading fashion journal Marie Claire ranked its top 10 eco brands in a recent issue. The key issues remain chemicals in clothing (certified by organic and Fair Trade labels), worker treatment (certified by SA 8000 and Fair Trade) and increasingly mainstream environmental issues such as climate change. The Carbon Reduction Label verifies a products cradle-to-grave carbon footprint, although is not specific to clothing. Mainstream brands such as Louis Vuitton, Gucci, H&M and Zara have been slower to make firm commitments on the full rage of ethical issues due to the difficulties of switching their supply chains and products lines completely in favor of organic or Fair Trade certified or other standards and norms. They are however, moving slowing to ensure they capture the market if it becomes significant the worlds largest fashion brand Louis Vuitton recently acquired a small eco fashion label. It is clear, however from the example of Nike and Levis, however that certain issues are here to stay, such as a demand by Western consumers that leading brands manage the issue of worker welfare in their supply chain properly.

It always amazes me, looking back on my career as an entrepreneur, that I did my worst work when I was at the top of my game. That’s right; I also preformed my best when I was at my lowest. I used to think that I was just lazy when I was comfortable and my needs were being met, but the day came that I realized that this was the source of power and success.

If business was booming and resources were in abundance, I lost all desire to achieve. For the longest time I thought that only under desperation could I find creativity and motivation. If you took away all my money and locked me inside of a cockroach-infested, apartment, with nothing more than a cell phone, computer, Internet access, and 27 cans of beef stew without a can opener, you would be absolutely amazed at what I can get done. I would figure out how to open the cans of food with my cell phone, and within 8 days, deposits would start appearing in my PayPal account. I always figured this was simply my survival mechanism kicking in. As it turned out, I was neither lazy nor motivated by primitive survival instincts. It is actually a personality trait that few have and even fewer understand… including most of the people who have it.

This isn’t about being able to get stuff done when times are tough. I will spare you that speech, because lots of people have written about that one already. What I am talking about is where a person gets their motivation from. Is it generated from internally or externally? That is the million dollar question. A true entrepreneur is motivated from internal validation.

A normal person is motivated by externally. Most people without resources have nothing to draw validation from and they cannot get excited enough to accomplish starting a business. They cannot find the motivation to figure out how to build something out of nothing. Give that person a large office, nice business cards, and an important title and they tend to get to work and behave in a way that matches all that external validation. The biggest problem occurs when that external validation is given to them, rather than earned by them. They then boss people around without actually knowing what they are talking about. Under that poor guidance, the business will fall apart. This is why an average person fails at starting a business. They either can’t find the motivation to start from scratch or, if they get lucky and have some resources fall into their lap, they never learn how to build resources, which is what entrepreneurship is all about. The most common thing I see when non-entrepreneurs try to start companies is that money gets squandered to buy stuff that gives them external validation. These are the people who go bankrupt paying for huge office space that they do not need. The only thing they succeed at is building nothing out of something as they exhaust their resources without building mechanisms for profit. The funniest thing to me is that as the business fails, all of their external validation starts to disappear and with it their power at the very time they need it most. Their need for external validation guarantees their failure.

Then there exists a rare breed, the entrepreneur. This is the kind of person who truly can build something out of nothing. The entrepreneur gets his motivation from internal validation. It makes no difference to his self value if he is running things from a one-room apartment or the top floor of a skyscraper. He will be called arrogant and egotistical because he sees his value only inside of himself; he considers his circumstances and assets irrelevant. He believes that he has the power to create money out of nothing and his motivation for success is showing that belief to be true. For him, it’s not what he has; it is what he can do, and once that is done, he can have anything.

Now that you understand that how a true entrepreneur is motivated, I will explain what people see as laziness, loss of interest, and lack of motivation once their businesses get going. The entrepreneur gets excited about being able to do what more than 99% of the people on this planet cannot do, create something out of nothing. True entrepreneurs lose interest when the process turns into building something out of something because they see that as a goal anyone could accomplish, so it doesn’t feed their ego in the same way. They are excited by being able to do what others cannot. The true entrepreneur is a fire starter. After things get going, they pass operations off to the management they put in place and leave to start yet another business. And the best part is that they start that new business with nothing. They understand the power in doing this and know that the man who needs “no thing” has “no thing” holding him back. He gets his validation internally. That internal validation gets satisfaction from being able to create things out of “no thing” – that is the magic! That is the real entrepreneur at work.

Consider for a moment that the game of life is won not by getting more, but by being more. Focus on being more and you will see that making silly amounts of money and dating ridiculously attractive women comes easy. Click on the web link below for my free eBook Domination Basics and start learning how right now.

A business model explains the rationale of how a company establishes, provides, and captures value. It includes the product or services offered, sources of revenue, customer base, organizational structure, strategies, operational process, and financing. Basically, the methodology and infrastructure of a business combine to form the business model. This model should be created long before a business opens its doors.

Before starting a business, an entrepreneur should be aware of the basic process for building one. This knowledge proves valuable when creating the business model. Certain aspects of infrastructure, operations, and strategic thinking have proven successful, while others are destined to fail. Being able to distinguish one from the other enables a business owner to avoid the pitfalls. A business with a model that maximizes opportunities and avoids threats is positioned for long-term success.

Sales are an important aspect of the business model and this is where proven methods really shine. By learning how to quickly generate income from sales, any business can get out of the growing pains stage much faster. The sooner a company can pass through this phase, the less likely it is to become a statistic. Quick success is especially important in the online world, where competition is particularly fierce. When a company becomes financially independent, so will its owners, and this is a much more comfortable way to live.

Closing a sale successfully is what leads to income so a business model should include information regarding closing techniques. These should be based on success achieved by other businesses and should be shared with the entire staff. Every employee serves as a mouthpiece for the organization so it only makes sense that each staff member be skilled in closing a deal.

Prospects have many excuses, especially during times when money is tight. They may be fearful of making a purchase because they do not want to spend their hard-earned money. Some of them convert this fear to aggression, placing pressure on the business. Staff should be trained in handling these situations and know how to convert negatives like this to positives.

Leaders in business know what it takes to achieve and maintain a high level of sales. It is not unusual for them to have salaries into the seven figures. By incorporating what they do and how they do it, any business can realize similar results. A sound business model can result in an entrepreneur making more money than ever anticipated.

Risks are part of life no matter whether it is concerning health, property, vehicles, business, and the list goes endless. Thanks to the concept of insurance that provides cover to risks on the said aspects. Insurance India covers the aforementioned risks, acting as a protective financial shield. The corporate sector today relies on corporate insurance to stay safe against business risks. Unpredictable occurrences may turn the entrepreneur a victim of financial crunch or even bankruptcy. With corporate insurance, businessmen can run their business affairs at ease.

The scope of corporate insurance covers employees, safeguarding them against personal accidents, sickness, etc.; business assets such as factories, trading/service properties, etc. In case of any accidents, the costs are borne by the insurer. Certain details need to be furnished while buying such an insurance; these are number of employees (with names, dependents), manufacturing unit specifications, trading unit details, and the like.

Investments involved in buying corporate insurance cannot be compared to other general insurance policies related to health, property, liability, student, vehicle, travel, etc. It is a huge investment and hence before buying this corporate insurance in India, do make a list of all the major insurance providers. Once you have made a list, you can go through the details of benefits covered in each policy offered by each company. Again, this can be a tedious, hectic, and time-consuming task. The best option is to visit an online insurance service provider that enlists all major insurance companies. Even visiting individual corporate sites of each of your listed companies may take your time. Many a corporate entity has relied on EIndiaInsurance.com to buy corporate insurance. It has in its list all general insurance companies in India like Tata AIG, Reliance, Bajaj Allianz, to name a few. The greatest advantage of visiting this platform is that using its insurance comparison tool, you can compare policies in no time. Getting quotes takes only a few seconds. The payment options range from paying by cheque to credit card, and debit card. If you are an entrepreneur and have not yet bought any corporate insurance, buy one and stay protected!

One of the most sought after consultant in business, Vince Thadani is approached by thousands of people in United States and all over the world. Millions of people try to become entrepreneurs but when it comes to the success rates, it is only select few that succeeds in the business and becoming entrepreneur. Those are the lucky and elite ones and Thadani is one of them.

In the Headlines

For some times now Vince Thadani is consistently figuring in news headlines all over the world and especially in United States. The reason is that he has launched many successful ventures and the entrepreneur who is of Indian origin is figuring as one of the most successful entrepreneurs in United States and the world.

A Peep into the Background

Thadani had his earlier academic studies in some of the prestigious institutions in the State of Indiana and London. He studied in University School of Business in Indian State and then in the Schiller International University in London. Thereafter he continued his studies in the Canadian Academy in Kobe, Japan.

Innovative Approach

One of things that make this finance entrepreneur stand out in the crowd is the innovative approach that he has taken in solving numerous business problems. With uncanny ability to convert every problem into an opportunity, he has become one of the most sought after business consultants in and around United States. Also he is extremely versatile and that has proved to be his biggest strength.

Business Icon

A business icon in his own rights, Vince has made his name synonymous to success adding various new orientations to enterprising arena. One of the unique factors that make Vince different from all others is that his specialization is not confined to the core competencies of any particular subject or topic. Instead he has mastery over divergent aspects of business and commercial world that makes him highly sought after consultant in financial and business matters. However despite his expertise his enterprising abilities have never diminished and he has been able to make his corporate presence felt all over the industry as a top class specialist finance entrepreneur. A high level of success he has achieved is testimonial to his abilities.

Sought After by Media

Another aspect of huge popularity that Vince exercises is that he is consistently sought after by the media and most of the international reporting brands are interviewing him and coming up consistently with the narration of his views about Vince and his achievements. According to one of the spokesmen of a leading media channel, Vince Premchand Thadani has been the root cause of success of all the organizations he has worked for. An example is the California based Arada Systems.

However the exposure that he received at the sole escrow of California that helped him gets a lot of success. Basically the person has a romance with finance and that has earned him the tag of leading finance entrepreneur. His financial instincts are amazing and he has marked abilities to understand prospective finance dynamics is also a key to his vast popularity in commercial world.

For More Details Visit Here: — Vince Thadani