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Headstrong plans acquisition to grow BPO biz in 3 years

2008-09-11T21:52:00.000-07:00

By: Erwin Oliva

INQUIRER.netFirst Posted 14:07:00 09/11/2008 MANILA, Philippines

Global consulting and IT services firm Headstrong is set to acquire two to three companies in the next three years, as they prepare to expand into the high-growth business process outsourcing (BPO) market, executives here said. Arjun Malhotra, chief executive officer and chairman of the board, said Headstrong, which has been mainly in the business of systems development lifecycle, said the company expects to hit $500 million in revenues in 2011. About $100 million of these revenues will be earmarked for acquisitions, Malhotra said, as he disclosed that the company has already $50 million ready this year. Malhotra said Headstrong is in a growth phase and shareholders are expecting the company to go into the next stage of buying these companies to take advantage of the BPO opportunities. The executive said Headstrong is currently in talks with BPO firms that will complement its business. The company aims to have about a 10,000-strong workforce in 2011. Meanwhile, Nora Terrado, Headstrong Philippines country manager, said the Philippine operation has been the highest [in terms of] revenues, profits and customer satisfaction, as it bagged more work from the financial, banking, and insurance sector. She said that the Philippine operation, which is expecting to hit $15 million in revenues in 2008, will conservatively hire about 2,000 professionals in the next 18 months. The Philippines is a jewel in our portfolio, said Malhotra, adding that the Philippine operations will likely hire up to 4,000 employees by 2011. Headstrong Philippines reported $10 million in revenues in 2007, according to Terrado. Headstrong Philippines is mainly based in Metro Manila, employing about 650 professionals, mostly software engineers, Terrado. Headstrong Philippines is currently studying plans to expand outside of Metro Manila, she said. Malhotra, however, said plans to put up facilities outside of Metro Manila will not happen this year unless they acquire companies with operations located outside of Metro Manila. The Philippine operation, dubbed Manila Global Delivery Center, is seen to provide 15 percent of the global revenues for Headstrong, the company said in a statement. Headstrong Philippines aims to expand service offerings in the banking, financial services and insurance sectors. The BPO industry in the Philippines has grown by 50 percent since 2004.

Tips on Money Management

2008-04-29T23:01:00.000-07:00

I'm just wondering that money management is like doing sex with your partner: Everyone does it, one way or another, but not many like to talk about it and some do it better than others. But there's a big difference: sad to say, cyber sex sites in the internet multiplies every click of the clock, while sites devoted to the art and sciences of money management are somewhat difficult to find.

Now a days there are many financial sites and money management in the internet that let you track a cash portfolio and stocks investment on a puffed up watch list. You enter in your open positions and you get a snapshot, or better yet a live, real-time update, of the status of your stocks based on the site's most recently available prices. Some sites, will provide you tools that tell you on how to manage and invest your cash. This site is the best e-currency transfer system ever made. The 21st century innovative e-currency transfer system that presents secure offshore money transfer system that does not rely on Gold.

This is an e-currency system the first e-currency transfer company to offer new layers of security, safety and real stability with real transparency. This site will hold in dollars and of course your banks offshore will wire us funds converted to dollars. Insured for the protections of investors and structured in Panama.

That goes behind the international money transfer laws. Anti Money Laundering Act, Anti Terrorism Act and corresponding banking relationships will be formed to simplify transfer of funds. You will have a sub account under your name in the operating account for the portal on your own safety for your investments.

This project will provides us the best new idea to come to the internet in a long time. This project is an e-currency that sets a new standard for this industry and will run with the best in security technology for tomorrow today. This is a completely legal e-currency portal that will give you for free internet website security software for FREE.

Perhaps you are overwhelm with this program and wondering and asking your self: "When I make an investment, how much do I invest?" this is the very first question that an individual can ask to themselves. The key underlying concept is to limit how much money you are willing to let the program take out from your wallet.

The heart of risk management is the making of a logical decision about how much to invest when you fill in the blank in the registration form.

This decision determines the risk of the investment. Accept too much risk and you increase the probability that you will go bust; take too little risk and you will not be rewarded in sufficient quantity to beat the transaction costs and the overhead of your efforts. Good money management practice is about finding the sweet spot between these undesirable extremes.
If you risk too little on each investment, the returns will be too low to overcome transaction costs, small losses and overhead.

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It is better to be first than it is to be better.

2008-04-21T23:20:00.000-07:00

Being first in any category is going to give you the edge, being the leader comes from being first. It is easier to get into the mind of consumers first that try to convince people you have a better product or service than the one that did get there first. Improvements are always made to product/service inventions and innovations but the first in has a head start. Once you are the leader, a position mostly gained by being first, it is pretty hard for competitors to dislodge you, as long as you keep your products up to date and of comparable quality. further, the first in to the market has the opportunity to have its brand name adopted as the generic category name. Once you are first and get the consumers to buy your brand, often they won't bother to switch. People tend to stick with what they've got.

The Ladder of Success...

2008-04-14T03:09:00.000-07:00

1. Appreciate your goal, pay attention to how attractive that goal is, make it as compelling as possible
2. Set your brain on the path toward achieving your goal so that it's working on it all day long – traveling the actual path will then become much easier
3. Vividly imagine that you have already achieved your goal, then walk back and examine the pathway toward your goal
4. Notice specific steps on the pathway you took to get there, including all those different elements – the resources, the abilities, the actions, and the people – that led, step-by-step, toward your goal
5. Go back to the present with a new appreciation for the steps on the path to your goal and take action!

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2008-04-01T03:32:00.000-07:00

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GOOD THOUGHS + ACTION = SUCCESS

2008-03-30T23:56:00.000-07:00

Based on the teachings found in the success classic "The Science of Getting Rich", written in 1910 by Wallace D. Wattles. This book was known to public because this is important reading for anyone who wants to become wealthy. It served as inspiration for the hit film, "The Secret". In chapter 11 of "The Science of Getting Rich", Mr. Wattles points out that while it is true that thought is the creative power which sets the creative force in motion, a person must not rely on thought alone and pay no attention to personal action. As Mr. Wattles states, "A person must not only think, but his personal action must supplement his thought." You must act in such a way that you can receive what you want when it gets to you. That is, your thoughts bring what you're thinking about toward you, and by action you receive them. Your thoughts make everything in the universe, including lifeless things and people, work to bring you what you want. However, when things come to you, you are not to take them as charity or steal them. Things will reach you in the hands of others, and you must give that person an equivalent for them. To quote "The Science of Getting Rich". "You must act in a certain way, so that you can appropriate what is yours when it comes to you and so that you can meet the things you have in your picture and put them in their proper places as they arrive." You must act, and you must act now. You cannot act in the past, for the past is gone. To dwell on the past is to cloud your vision. You cannot act in the future, since the future is not here yet. Be confident that you will be able to meet any future contingencies when you get to them. Mr. Wattles advises to "Put your whole mind into present action."Do not wait to be in the right business or to be in the right environment to begin. Begin where you are: you move to the right business by acting, and you get a change of environment by acting. This is well illustrated in the following quote: "Hold the vision of yourself in the right business, with the purpose to get into it and the faith that you will get into it and are getting into it, but ACT in your present business. Use your present business as a means of getting into a better one. Your vision of the right business, if held with faith and purpose, will cause the supreme power to move the right business toward you. And your action, if performed in the certain way, will cause you to move toward the business." It is likely that in the beginning your actions will be the same that you have been performing up to now, but you will begin to perform these actions in "a certain way" which will make you rich. By thinking and acting in a certain way you will set in motion forces that will move you toward where you want to be. In conclusion, "so that he may receive what he wants when it comes, a person must act NOW upon the people and things in his present environment?"

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MLM Strategy!

2008-03-29T03:13:00.000-07:00

Many people and companies have abused the word network marketing MLM in the past years that a lot of people will associate the word with something that is negative. Yet, if you take a look at the nature of network marketing, you will not find anything that is intrinsically bad about this system. Since the first network marketing MLM Company was introduced in the United States in the 1940's, the network marketing MLM strategy of most networking company have been consistent. The strategy is to distribute the products through local channels thereby saving on distribution cost and at the same time providing some alternative income for those people who would like to be an independent distributor of the product. Although there are some variations in the implementation of the network marketing MLM strategy, the basic principles underlying the implementation thereof is still the same.

Distribution through local distributors

Network marketing MLM aims at helping the manufacturers market their products to the end consumers via independent local distributors. By engaging local distributors to market the products of the company, the company is able to generate more income and save on distribution and advertising cost.

Most companies would spend thousands of dollars to promote their products through TV commercials and advertising, billboards and other forms of media. Promoting products and brands could cost the company a lot of money that a good portion of the cost that you pay for a certain product is actually added in to defray the advertising and promotion expenses. In some cases, as much as 20% of the cost of the product you buy goes to advertising and promotions. On the other hand, the distribution cost of the products would eat up to another 30% of the product cost. If you are wondering why a certain product that you buy in the supermarket could cost a lot of money, it is because of the advertising, promotion and distribution cost that is factored into the total product cost.

Since the network marketing MLM strategy will do away the promotion and advertising cost by engaging local distributors to personally promote the products to the their friends, relatives and colleagues, the company will now be able to give the distributors big commissions. In most instances, the network marketing MLM Company will give the local distributors direct commissions of up to 30% of the sales generated by a local distributor.

On the other hand, when it comes to expanding the market reach of the product, the network marketing MLM strategy that is employed is the member get member scheme whereby a certain member you is able to recruit a new member will be eligible to earn commissions on the sales generated by the new member that he or she has recruited. The good thing about the member get member scheme is that it does not stop on the person that you have directly recruited. In the event where the person you have recruited will recruit a new member, you will also earn commissions on the sales of that recruit. In most cases, the networking company MLM will allow you to earn commissions up to the 8th level of recruits.

Internet home based network marketing MLM has no large capital investment, no quotas on production and you are not limited in where in the country you can live. There are also tax advantages to a home based business online, not to mention the additional income that everyone can find useful. Visit http://www.u-gotcash.com

Strategies to generate customers

2008-03-27T22:33:00.000-07:00

The goal of any online business is to sell something, be it a product, services, or information. To accomplish this, you need customers, or traffic, to your web site. Here are some of the best techniques in Internet business strategies to generate customers and lots of money.

1. Image is Everything

Your web site should reflect how you want customers to feel about your business. The site must be professional looking and easy to navigate and understand. The content provided should be relevant to the needs of the customer.

2. Marketing is King

What promotional tools are you using to advertise your web site? Search engines are the primary method Net surfers use to locate information. One of the top Internet business strategies is to choose relevant keywords for the most efficient search engine optimization. The word "books" is too generic for a site promoting life/career changing seminars based on motivational books. Surfers who type in "books" probably want to buy one rather than attend a seminar. Use specific terms that closely relate to what you are selling.

Google Adwords is my #1 MLM promotion tool. If you have the drive and desire to be truly successful online, Google Adwords pay-per-click is a must. I've personally spent countless hours and thousands of dollars fine tuning my Google campaigns. It's exciting teaching others this powerful technique and seeing their businesses flourish.

Links to your web page are another important Internet business strategy. Links increase visitors who often become customers. Relevancy is key; links to your home page should be from sites with topics closely related to your business. Be descriptive with links. "Buy last season's Coach handbags at closeout prices" entices more clicks than "Brand name liquidators."

Consider starting your own affiliate program. It's cost effective because you only pay other sites for the visitors they link to you. You can pay for visitors or pay if the visit results in a sale.

Online businesses do best with online marketing. However, don't discount "old" media. Get a press release or article about your eBusiness in the local paper. Place an ad in the Yellow Pages or industry trade magazines.

3. Information Content

Don't just sell your product or service. Include articles, news, or interesting facts related to your eBusiness. Many customers will appreciate the information. In addition, reporters often look for information online; a blurb about your web site in their story might bring in more customers.

4. Customer Friendly

If your eBusiness customers are the general public, go easy on the industry jargon. Use "nose jobs" more than "rhinoplasty" if your cosmetic surgery site is aimed at patients rather than fellow medical personnel. This is important also when choosing keywords for search engines.

Go easy on graphics and other bells and whistles. These things tend to slow down page loads. A easy navigation system is one of the most important Internet business strategies. The average customer doesn't want to sit through mini films or music interludes to get to the information desired. If your web pages take too long to open, customers will surf elsewhere. http://www.u-gotcash.com/

Incredible and Generous Business.

2008-03-26T02:00:00.000-07:00

Network marketing, or MLM, has survived as a formal business model for more than half a century and the underlying concepts that drive this industry have been around since time immemorial of marketing. And while once there was great skepticism surrounding this form of home business, the majority of educated entrepreneurs now accept network marketing as a valid and lucrative option. I first tried my hand at MLM several years prior to this writing, and I fell flat on my face. It's important to pint out the reasons for my failure: I was looking for a get rich quick opportunity. I had zero real commitment to a business or marketing plan. I spent more time wishing than actually working. I could go on but I'm sure you get the point. After my half-hearted effort resulting in failure, I began to focus on some of the more ludicrous opportunity programs, the ones that are barely legal and wired to fleece the gullible. I've written articles, e-books, and more about how MLM is a flawed model. All this ranting came about because of my own bad experience, which was the result of my own poor planning and lack of intelligent effort. Fast forward a few years and I began using a fabulous product, which I bought from a network marketer. For three months I used the product with no interest at all in the business opportunity. I had my own business as an information marketer and had no desire to engage MLM again. However, the suggestion that network marketing is a great way to build long-term, passive income came up again and again in the books and course I took on wealth creation and personal finance. Finally I decided to spend some time researching the company behind the product I had been using, with the remote possibility of getting involved with the opportunity. The short version of the story is, I was totally blown away by the reputation of the corporation, the simplicity and generosity of the pay plan, and the highly legitimate opportunity being presented. My views of MLM are no longer tainted. Clearly I allowed my own prejudice to blind me for a long time. Interestingly, I'm not alone. I have met many people with a story very much like mine. In fact there have been numerous college-level studies on the matter. And some of today's top marketing experts in many fields will tell you that network marketing is an absolutely marvelous business model. If you have long harbored a negative view of the network marketing model, ask yourself if your feelings are based on sound research. Yes, there are many scams pretending to be MLM companies, but real network marketing businesses is not only legal and ethical, they are incredibly generous in terms of the potential income. Start researching a well-reputed company and see if you come to the same conclusions I have. You might find, as I did, that you have closed the door on a lucrative opportunity for no good reason. Visit http://www.u-gotcash.com and http://www.u-canshop.com

Attraction + Action = SUCCESS

2008-03-25T00:09:00.000-07:00

You attract what you do about what you think. It says, you attract what you think about. But, do your results in sales and leadership support this definition? Mine have not. I thought about getting straight level 1 during my school days and having the physique of a body builder, but neither happened. Why is that? It's because The Law of Attraction is a misnomer. It's really The Law of Attraction, which is a combination of attraction and action. You don't attract what you think about, but you attract what you do about what you think. The key is action! And when you do take action, you must give your best to attract the best. Think about it. Likely, when you aimed for a level 1 in school you got that result. But, when you aimed for a level 2 or less, you got an incongruent result. Why is it that only flat 1 standard produce congruent result? First, it's because when you don't give your best, the universe reciprocates by giving you a substandard result. The universe rewards excellence and reproves average initiative! It's just that simple. Consider the parable of the talents. Here's my paraphrasing of this biblical story. Once, there was a Master who entrusted large sum of talents (money) to his three workers. The Master gave these talents according to the ability of each worker. The Master expected each worker to invest these talents and maximize their potential, while he was away. What happened? When the Master returned he discovered that only two of the workers developed their talents. He was pleased. The 3rd worker, who "just thought" about taking action and giving his best, was severely rebuked. Why? It's because he failed to take action. He failed to develop his God-given talents. Could you be sitting on your sales and leadership talents? This was unacceptable to the Master and this worker was thrown into utter darkness. And, his talents were given to the other workers that had taken action. Do you get it? Although, the 3rd worker thought about taking action, he attracted rebuke because of his lack of actions, not because of his well-meaning thoughts. Second, it's because the universe is inviting you to step out of your comfort zone. What's a comfort zone? It's a place that you go to relax and sometimes fall asleep. The universe presents you with a substandard result because it wants you to wake up. It beckons you to expand your comfort zone and step up. The universe knows that the comfort zone is really the danger zone because it's suppressing your God-given potential. Third, it's because the formula for "achieving excellence" is clearer than that for "achieving average." In other words, the requirements for transformation (your best effort) are clearer than those for modification (your second best effort). Think about that for a minute. Have you ever tried to lose two pounds, but then struggled to decide what you could eat or do to achieve this goal? But in comparison, when you decided to STEP UP and lost 10 pounds, the do's and don’ts were crystal clear. You see, transformation is a flat 1 standard, which produces excellent results. But, modification is the equivalent of a flat 2 standard, which produces average results. In summary, the law of attraction commands you to raise your standards, take action and unleash your potential in sales and life. The universe demands you step out of your comfort zone. It invites you to move and act now! It’s never too late to start the action www.u-gotcash.com

Ways to make Money.

2008-03-24T00:42:00.000-07:00

When you are looking for ways to make money, you will most certainly look for all possible avenues of an honest living and make sure that you get the most for an investment, if you have to make one. You may also have encountered multi level marketing, and because of the negative images surrounding it, you might have been discouraged to join. Your hesitance is understandable, but guesses what in you might have heard the 7 lies of multi level marketing before, and you need to change a bit of your mindset in order to see how multi level marketing can help you. Multi level marketing can actually help you earn cash if you do it right, so take a look at this list before you dismiss it entirely:
1. Multi level marketing requires you to pay out with a lot of money. Not all MLM schemes require you to make an investing in fact; some of them will require a small fee in order for you to start purchasing things, which you can then sell. If you encounter a MLM scheme that tells you to pay up front with an exorbitantly high amount, and you are made to expect a lot of returns that sound unreal, then the deal might be a scam.
2. All MLM schemes are scams. Sure, there are some bad guys out there who want to get your money and run, but not all marketing schemes are out to ruin your life. There are actually extremely good people who want to help you succeed, so don't be afraid to try out a scheme - better yet, don't be afraid to ask the MLM scheme officers questions, and do your own investigating to check how good a scheme is.
3. MLM will not earn you any money. MLM can actually pay out generously, and if you do it right. If you are able to get stable and reliable downlinks, you can actually earn a lot of money!
4. You can earn millions through MLM, and within the first few weeks of work. Now don't get your hopes up too high MLM requires some degree of work from you, so don't believe MLM offers that tell you that you need only a few tasks done before you can start laughing all the way to the bank.
5. MLM is illegal. It's not.
6. MLM requires you to have loads and loads of friends and to network constantly. Well, you do have to network constantly, but if you are able to pick out three or four friends who share your aspirations, and who are as sales-savvy as you, then you will fare better than people who have hundreds of friends but only a handful who are able to meet the sales-savvy levels of MLM.
7. MLM products or services are of low quality. People actually buy such products and services, and money is made off them. You only need to pick the right program that has products and services that you believe in so that you can sell them better.
These are only 7 lies of MLM, and there may be more misunderstanding, thanks to negative images often propagated by mass media. To find out more, do your own investigating, and see how MLM might be able to help you. Who knows? You might find a good program that has the right fit for you, and you can start networking, selling, and earning.

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Seeking Great Opportunity!

2008-03-19T05:56:00.000-07:00

All of us whether professional or not are seeking great opportunity that is why we continue to search for what will be the best business now a days. Almost all business opportunity seekers are facing a common problem, that is, to choose from the large set of choices that are available. It is always difficult to make a decision if the choices are vast and many. This commentary will guide you with the basic steps that you can follow in order to make a quicker decision on which work from home opportunity to choose. There are a few areas which you have to consider seriously, enabling you to decide for the best choice.

1. Ask yourself if you will enjoy the job.

2. Ask yourself if this job provides the income you need.

3. Ask yourself if this job fits your schedule needs.

By answering these three questions you will be able to narrow down your choice and make the best decision for your work from home career. The first thing to consider is if you will enjoy doing the business. Even for an employee who earns a fixed income monthly, job enjoyment is the most important factor for the person to remain in his position for a long time.

You will have to enjoy what you are doing in order to give the commitment needed for any endeavor which you choose. Otherwise, you will be moving from one business to another in order to find the satisfaction needed to give a good performance throughout your life. This will prevent you from getting bored of your business and quit it halfway without achieving your financial dreams.

If you enjoy helping people solve their concerns you can become a home based customer service representative. If you enjoy writing and providing your opinion on subjects become a freelance writer. Simply said ensure that you will enjoy the job you choose. Secondly, you will have to take into account of the income prospects. This plays an important role as your income will provide for your household and business expenses and personal spending. If you make the wrong choice, you may end up doing a second job in order to pay for these expenses.

This might lead to exhaustion and finally cause conflict with the first business opportunity choice. Usually, a home business opportunity seeker will look for something that will give him a better and more lucrative income than his day job. The third factor which you should consider before making your choice is whether it fits your schedule. This is important as it will affect your productivity, family life and personal satisfaction. For example, you may end up hating your job if it does not give you a fair share of personal time.

If your business requires you to work long hours, it may affect your productivity and as a result you are not able to give it enough focus to make it prosper. You need to consider the times you need to carry out your personal tasks like when to pay bills and run errands. In summary, you have to find a work from home opportunity which you can enjoy in the long term. You will have to look into these areas to narrow down your choice.

This will set the path to success for you in your home business and achieve satisfaction in life. Remember that there is a suitable home business opportunity out there for everybody. You just have to spend some time to do your research and make the best choice.

The sharer is a college Instructor and at the same time an associate of www.u-gotcash.com a newly established company that serves the whole world when it comes to global payment portals, debit cards and great opportunity for home base business.

The hidden secret of oatmeal!

2008-01-28T23:33:00.000-08:00

The hidden secret of Oatmeal!

The last time I visited the supermarket near in our house it was a surprised to me that eating oatmeal is the newest way to lose weight. This manufacturer of oatmeal has a great promotional idea going with their special challenge to the market. After all, so many of us want to shed the extra pounds and belly we put on during the Holidays, what’s wrong with them offering us a little help while they introduce their old product with a new line of ideas for food products? Besides, the program is logical.

You are cutting calories and carbohydrates if you substitute two meals a day with oatmeal or one of their oatmeal snack bars and fresh milk. Cutting calories and carbohydrates usually leads to weight loss, right? Won’t you be hungry? Undoubtedly. But their suggestion of snacking on healthy fruits and vegetables between meals is very valuable.

For centuries, those who tended crops would refresh themselves with the fresh foods that were handy. The combination of minerals, vitamins and enzymes contained in fresh food alleviates tired muscles, provides energy to the brain and helps remove any toxins that might be releasing alongside the melting fat. The first thing you do to get started on the diet is to answer a series of questions about your eating habits.