SBS MBA Business Forum

SBS MBA Business Forum The MBA Business Forum is a body set up to represent the interest of all MBA students in

Sharda University.

The first of it's kind in School of Business Studies, Sharda University
21/04/2016

The first of it's kind in School of Business Studies, Sharda University

"I failed 3 times in college. I applied 30 times to get a job but I have always been rejected. When KFC came to China fo...
29/02/2016

"I failed 3 times in college. I applied 30 times to get a job but I have always been rejected. When KFC came to China for the first time, we were 24 to apply and I was the only one to be dismissed. I wanted to go into the police and 5 postulants, I was the only one not to be accepted. I applied 10 times to return to Harvard University USA and I was rejected" Jack Ma, Alibaba Creator and 22nd World Fortune according to Forbes in 2015 with $29.8 billion.

Never give up because you failed once, know that failure is sometimes out of the way to reach your intended route!

What's in store for 2016? It's the Chinese Year of the Monkey! People born in the monkey year are Elizabeth Taylor, Will...
08/02/2016

What's in store for 2016? It's the Chinese Year of the Monkey! People born in the monkey year are Elizabeth Taylor, Will Smith, Tom Hanks, Micky Jagger and Leonardo Da Vinci.

In Chinese mythology, Monkeys are metal & Water creatures. Metal is connected to gold and water is connected to wisdom and danger. So this is a year of financial events and - as it's a Red (fire) Monkey year - that means dramatic financial events (which could be positive or negative).

Ready for some big changes?

Here's the forecast according to Astrology Club:

"A particularly auspicious time for new inventions, the Year of the Monkey is for taking risks and being rebellious, a year where agile, inventive minds, sheer guts and bravado will win out. Now is the time of courage, action, anarchy, and true devotion to even the wildest of schemes, a time to start new endeavours, for they are destined to succeed under Monkey's influence.

A lot of Global economic growth can be expected in the Year of the Monkey. Expect a lot of life changing inventions to be released.

The key to success this year is education. This is not meant as mere college or graduate school but to take up courses that matter for your everyday life not just for your career or status. Don't be too shy to take up silly little courses at your book shop or join those financial groups to help manage your money or dart up a new business. The Monkey is all about being creative and innovative with what you have.

The Year of the Monkey 2016 is a good year to break free and take calculated risks as there is nothing more powerful and rewarding than following your heart's desire. The energies are supporting these changes.

Mr Monkey can be menacing as he can easily overthrow old conventions that no longer work. This could mean toppling of old empires or iron fi**ed bosses.

On the individual level, do go ahead with your life. Move forward, make strides, and stretch out for what may lead ahead. Run with ideas, embrace the incentive, and don't look back".

So there you have it. Have a prosperous Monkey year ahead!

Note - The beginning of the Chinese New year for 2016 is Monday Feb 8th so you've still got time to party before the monkeying around starts.

"Anything worth doing is worth overdoing" ~ Micky Jagger

(Read more at http://astrologyclub.org/chinese-horoscope/2016-year-monkey)

What would you do without your body?It's been 20 years since Christopher Reeve asked himself that question. After playin...
07/02/2016

What would you do without your body?

It's been 20 years since Christopher Reeve asked himself that question. After playing Superman in four Superman movies, Christopher fell off a horse and broke his neck, leaving him fully paralyzed.

He had his head reattached to his body with a titanium pin and looked ahead at a life without the use of his body. As an actor, it also means the end of his acting career.

What did he do?

He said to himself "Your body is not who you are. The mind and spirit transcend the body"

He chose to live a bigger life in part 2 than he had in Part 1. He co-founded the Reeve-Irvine Research Centre which is now a world-leading spinal cord research centre. He created the Christopher Reeve Foundation, which has now given over $70 million to disability research quality-of-life grants to the disabled. He became Chairman of the American Paralysis Association, Vice Chairman of the National Organization on Disability and hosted the Paralympics in Atlanta.

The Research Institute, UC Irvine said "In the years following his injury, Christopher did more to promote research on spinal cord injury and other neurological disorders than any other person before or since."

Not being able to act, Christopher became a Director. For his directing, he won four Cable Ace Awards and was nominated for five Emma Awards, a Golden Globe and won a Screen Actors Guild Award. His book, "Still Me", became a New York Times best Seller and he won a Grammy Award for Best Spoken Word Album.

Christopher worked right up to his death, in 2004, the last time it was the Chinese Year of the Monkey (which is again in 2016). He died of a heart attack while co-directing " Everyone's Hero".

He achieved more in 8 years after his accident than in the 44 years before, instead of just acting as a fictional Superman, he became a real life Superman.

Simply by deciding to fly

He said "Some people are walking around with full use of their bodies and they're more paralyzed than I am"

What decision can you make today to free your own superpowers?
What could you achieve in the next 8 years, if you knew you had no limits?

Never tell a child "you have a soul. Teach him, you are a soul; you have a body" ~ George Macdonald

Uber, the world's largest taxi company owns no vehicles.Airbnb,  the world's largest accommodation provider owns no real...
06/02/2016

Uber, the world's largest taxi company owns no vehicles.

Airbnb, the world's largest accommodation provider owns no real estate.

Facebook, the world's most popular media provider creates no content.

Instagram, the most valuable photo company sells no cameras.

Netflix, the fastest growing television network, lays no cables.

Alibaba, the world's most valuable retailer has no inventory. All six are building customer networks and scalable software - not factory networks and clunky hardware. All six focus on personalized customer experiences not mass production. All six attract more new customers from word-of-mouth than expensive marketing. All six have disrupted their industry at a global scale.

None of these six companies existed 20 years ago.

How can you rethink your own business model - and industry today?

A call out to the inspiring leader within you:"You are not here merely to make a living.  You are here in order to enabl...
06/02/2016

A call out to the inspiring leader within you:

"You are not here merely to make a living. You are here in order to enable the world to live more amply, with greater vision, with a finer spirit of hope and achievement. You are here to enrich the world l, and you impoverished yourself if you forget the errand" ~ Woodrow Wilson

Jack Ma, Founder of Alibaba said "The worst people to serve are the Poor people. Give them free, they'll think it's a tr...
02/02/2016

Jack Ma, Founder of Alibaba said "The worst people to serve are the Poor people. Give them free, they'll think it's a trap. Tell them it's a small investment, they'll say they can't earn much. Tell them to come in big, they'll say no money. Tel them to try new things they'll say no experience. Tell them it's traditional business, they'll say it's hard to do. Tell them it's a new business model, they'll say it's MLM (Multi-level marketing). Tell them to run a shop, they'll say no freedom. Tell them to run new business, they'll say no expertise.

They do have some things in common:

They love to ask Google, listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.

Just ask them what can they do. They won't be able to answer you.

My conclusion: Ben Simkim

Poor People fail because of one common behaviour:

Their whole life is about Waiting.

DO NOT WAIT!

Four things make up 79% of all business failures:1. Building something nobody wants (36%)2. Hiring poorly (18%)3. Lack o...
26/01/2016

Four things make up 79% of all business failures:

1. Building something nobody wants (36%)
2. Hiring poorly (18%)
3. Lack of focus (13%)
4. Failing to market & sell (12%)

How to best avoid these failures:

#1 - Always start with the customer, not the product. Get your beta group/user group if customers and work with them to deliver what they love. People will pay you to do what they love, not to just do what you love.

#2 - Outsource to experts who manage themselves, not workers who need to be managed. Hire people who let you do more of what you do best, not people who take you away from your talents because they need to be managed.

#3 - Once opportunities begin to grow, don't get defocused. Anything that doesn't add to your customer's experience isn't worth doing.

#4 - Don't fail by having a great product that no one knows about. Don't rely on someone else to sell your product until you have more sales that you can handle. Don't make sales by closing customers. Create buyers by opening relationships.

#5 - More than all of the above, maximise failures that steer you (testing and measuring) and avoid failures that sink you (when you run out of money and time). Fail passionately and fail often, earning and learning with each failure, so it's you that keeps failing (and learning) and not your company!

"The biggest risk is not taking risk... In a world that is changing really quickly, the only strategy that is guaranteed to fail is not taking risks"
~Mark Zuckerberg

And...

"Never, never, never give up"
~Winston Churchill

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