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Old Mobile Bet9ja2: Simple Ways To Fund Bet9ja2.com Account With ATM Card Fast And Easily

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Today we are going to tech you how to fund bet9ja2 account easily using your ATM card. Bet9ja is doubtlessly one of the best betting website that offers high odds on soccer and the best live betting service in Nigeria.

The booking site allows prospect users to create and manage their accounts on the platform in order for them to deposit fast and efficiently carry out their betting activities such as bets booking, checking coupon bets, deposits/withdrawals, bet slips cashout, and much more.

Also Read: Bet9ja2 Old Mobile Coupon Check direct link

According to research, it's quite noticed that so many people are still looking for how to fund their Bet9ja Mobile account fast without stress. But I promise, after reading this post you would be able to fund your bet9ja account easily without going to the bank using an ATM card.

If you are not yet a Bet9ja registered customer, kindly Register on Bet9ja to follow the Action, bet conveniently even while on your bed without going to bet9ja shop to book bets.

This post will show you the most working simple ways to fund bet9ja account with ATM card 🏧 to enable you book bets directly from your mobile device in a convenient manner.

Now let's get started!

bet9ja2 card instant deposit

How To Fund Bet9ja2 Account With ATM Card Easily And Fast

Below are all you need for Bet9ja mobile quick account funding:

1. visit: bet9ja2.com either the PC or the bet9ja old mobile version, click on login, fill the required details (your username and password).

Alternatively, simply visit old-mobile.bet9ja2.com/account/login an fill in your username and password.


Bet9ja Mobile
2. After filling the details, click “LOGIN”.

3. From the right top corner, click on My Account.

old-mobile.bet9ja2.com

4. In the drop-down menu, you have these options:
  • Withdrawable (your current balance, e.g. ₦100,000)
  • Bonus (if there's any)
  • My bets
  • My Account 
  • Cashier 
  • Log out. 
From the list, click on “Cashier”.

Bet9ja ATM Deposit


5. Click on deposit from the options as in the screenshot below:

6. When you click on deposit, this will take you to a new window containing a list of bet9ja instant deposits options namely:
  • Instant Cards Deposit
  • Banks Instant Deposit
  • UBA EmailMoni Deposit
  • GT Bank Online/Mobile Transfer
  • ATM Deposit Instant ATM Deposit
  • QuickTeller Online Instant Deposit
  • Paycom
  • Skye Mobile Deposit.
As you can see, there many deposits methods which you can easily fund your bet9ja account but the easiest and my preferred option is Instant Cards Deposit which I think would be your preferred choice too.

Bet9ja instant deposit

7. When you click on “Instant Cards Deposit” it will redirect you to where you would type in the amount of money you want to deposit.

Bet9ja old mobile
After typing in the amount to be deposited, click on Continue ➡ again click on Confirm to go to the final step of your transactions.

8. Insert Your Card Details:
  • Card Number: The 16 Digit in front of your debit card.
  • Name on Card: Card holder’s Name.
  • CVV: The 3 Digits at the Back of your ATM card.
  • Expiry Date: The date shown in front of your card MM/YY. ( e.g - 09/19).

Interswitchng payment

9. Click “Pay” (You will be redirected to a page requesting you to enter your OTP)

What is OTP? This is known as One Time Passcode; it is a six digits number that will either be sent to your phone number or email registered with your
bank account.
• Kindly enter the OTP
• Click “I agree to Terms and Condition”
• Click Confirm Payment.

10. Finally, your transaction will be dully processed, you will instantly get an alert from your bank for the debited amount. At this point you will be redirected to your bet9ja account, kindly click on My Account to see your bet9ja balance.

Note: There is no fee for deposits with this payment method. If your transaction is authorized, your account will be credited immediately.

From now on you will have fun funding your bet9ja account with ATM card with no sweat.

If you face difficulties in any steps funding your bet9ja Mobile Account, share your problem with us through the comment box below.

Searches related to how to fund bet9ja account with ATM card:👇

How to fund Bet9ja2 account with recharge card / How to fund Bet9ja account with ussd code / How to fund Bet9ja2 account with gtbank / How to fund Bet9ja2 account with airtime / How to fund Old Mobile Bet9ja2 account with phone.

First Bank Transfer Code and Recharge Code –How to Use them

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The First bank mobile transfer code puts all the banking services you need at your fingertips, enabling you to effortlessly transfer money, buy airtime, pay bills and do whole lot more. If you are a FirstBank account holder looking for how to transfer money from First Bank to other banks without ATM or internet, then you need not to worry much about finding a way to handle your transactions conveniently any more. Be it code to transfer money from first bank to first bank & other banks, how to check first bank account balance, first bank statement of account or how to buy airtime from first bank account, here you have it all.


Yes, it’s now easier and faster for all first bank account holders to quickly carry out their transactions via the FBN mobile banking system from the comfort of their home using mobile phones without the need for ATM or internet connection by dialing *894# First Bank (First Bank USSD Code).

The first bank transfer code was specifically designed for all FirstBank account holders in order for them to easily transfer funds from one account to the other without stress, irrespective of location and time.

First Bank Transfer Code *894#

The shortcodes which is called “First Bank USSD *894#” give you an instant access to transfer/send money from your first bank account to any other banks without the need for using the internet. This one is much easier than that of first bank online transfer.

Do you know why?

It's because the first bank online transfer requires internet before Cary out any transaction, unlike the first bank transfer code.

First Bank Transfer Code

In this article, I will show you a quick methods to do more with first bank transfer code to easily transfer funds, buy airtime, check account balance, and pay bills even when you don't have internet connection, hence you will no longer ask: How to transfer money from the First bank to another bank?, What is the Code to Transfer Money from First Bank to First bank & Other Banks? What is First Bank Transfer Code? How can I Buy Airtime from my First Bank Account? etc.

Here's how to transfer money from  FirstBank to other banks in Nigeria.

Notice!: “Once you have the FirstBank account with a linked debit card, a phone number profiled for SMS alert and a mobile phone, you are just a step away from enjoying the unbeatable 894 experience.”

To get started, simply dial *894*0# to access all the Quick Banking services in a menu-based layout without having to dial the codes.

The first bank transfer code(s) below offer instant access to each service stated in bolds.

When you dialed the USSD *894#, there are two options displayed for you to choose from. These options include:
  • Quick Banking: Follow prompts to access the listed services for FirstBank account holders ONLY.
  • Firstmonie: For electronic wallet- based transactions. This product is available to both account holders and non-account holders.

How To Activate First Bank Transfer Code

To enroll your phone number for First Bank USSD Banking services, simply dial *894*0#, all list of masked Debit Card numbers linked to your account is displayed, select your preferred debit card, enter the 4digit PIN for the selected Debit Card and then create a new PIN 5 digit pin, finally your number has been activated for the First Bank quick USSD banking services.

How To Transfer Money From First Bank To Any Bank in Nigeria

To transfer/send money from FirstBank to FirstBank account and other banks in Nigeria using the first bank code, simply dial *894*Amount*Account Number#, select beneficiary bank, confirm the amount, beneficiary name and enter five-digit PIN, and select account to debit.

How To Buy Airtime/Recharge Card From First Bank Account

NOTE: The First Bank Airtime Recharge Code comes with two options namely, Airtime Recharge for self and Airtime Recharge for others.

Are you seriously looking for How To Buy Airtime from Your First Bank Account? Here's the easiest way;

For airtime recharge from your First Bank account using the First Bank Mobile Transfer Code, simply dial *894*Amount# to recharge for Self; to recharge for Others, dial *894*Amount*Phone Number# and enter a five-digit PIN.

The Alternative: Download Ecobank Mobile App for Android.

The above short codes allow you to transfer up to N100,000.00 per day and recharge airtime up to N10,000.00 per day, this is why First Bank has always been at the forefront of seamless banking transaction in a convenient and secure manner and is committed to ensuring its customers are fully served with the USSD service.

How To Check First Bank Account Balance

To check the balance of your first bank account, dial *894*00#.

Last but not the least, after all, transactions, you may want to have a statement of your account. Below is how to request for the statement of your account from FBN.

How To Generate Account Mini Statement 

To generate account mini statement, dial *894*Account Number#.

It’s much easier to send money to FirstBank and other banks in Nigeria via First Bank Transfer code, however, if you are unable to use this service due to one problem or the other, you still have more options like using the official mobile banking smartphone application from FirstBank. That's if you need to conduct the transfer online.

That's all you need to know about the First Bank Transfer Code to the bank at your fingertips if you do not want to use the FirstMobile online banking service.

First Bank Mobile Banking YouTube Tutorials


Subscribe On YouTube To Watch How To use FirstMobile App on your phone and Transfer money from First bank to another bank in Nigeria.

Human Resource Management: An Incredibly Easy Method That Works For All

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Human Resource function is very important in any form of business. By human resource, we are referring to the human element of the business.
Human Resource Management

There's no business that doesn't require the presence of human resource management for it to achieve its objectives. In fact, all business, small or large, new or old, need human resource management for it to continue to exist and grow.

Just like the heart supplies your body with blood to enable it to live, the human resource or personnel function supplies the business with people to enable to do business continuously.

The main objective of Human Resource Management, therefore, is to make sure that a business employs the right number and type of employees at the right time.

To be able to achieve this objective, the human resource/personnel manager must perform the following functions:
  • Human resource planning which ensures that the business has the right number and type of employees at the right time;
  • Recruitment which is aimed at seeking and finding potential employees;
  • The selection which deals with choosing the most suitable employee for a specific job or position;
  • Placement which implies placing the employee in the post; 
  • The orientation which means introducing the new employees to the business, its procedures, the work environment and to all the other employees.

What is Human Resource Management?

Human Resource Management can be defined as that aspect of mana that deals with the procurement or acquisition, utilization, maintenance and separation of human resource aspect of the business. It involves employing, utilizing, developing, motivating and maintaining the human resource of the business in order to achieve business objectives.
Essentially, the objectives of human resource or personnel management are:
  • To ensure the business has the right number and type of employees needed to achieve its objectives 
  • To ensure proper utilization of human resource 
  • To create the desired working relationships among employees
  • To ensure proper development of employees.

Activities Of Human Resource (Personnel) Management

For people asking “What Does A Human Resource Manager Do,” the following are the human resource management activities of any business or organization:
  1. Manpower Planning: This involves the determination of the type and number of people that are needed for business to expand or continue to exist productively. It's the process of ensuring that business has the right number of people with the right skills at the right time.
  2. Employment: This involves recruitment, selection, and placement of workers. Recruitment means seeking and attracting potential employees while selection means choosing the most suitable person for a specific post.
  3. Training and Development: This involves updating the skills and knowledge of workers for better job performance. Training is the systematic process by which the employees acquire knowledge, skills, aptitudes, and information development. On the other hand, is the p whereby manager acquires the necessary experience, management skills and aptitudes to function successfully as managers.
  4. Salary and Wage Administration: It's the responsibility of the personnel manager to ensure that employees are adequately and equitably remunerated. This involves making sure that what they are paid commensurate with the services they render to the business.
  5. Staff Discipline: This involves making sure that the employees obey the rules and regulations of the business or organization. There are different ways erred employees can be disciplined, namely oral warning, written warning, demotion, loss of privileges, suspension, and dismissal or summary dismissal.
  6. Performance Appraisal: This is a periodic and systematic assessment or evaluation of employees' performances for the management decision making.
  7. Personnel Administration: This personnel division is responsible for thorough record keeping of all relevant human resource data such as age, qualifications, etc and each person's service record in the business organization, including promotions, merits, transfers, etc. This is necessary for management decision making concerning the employees.
  8. Labour Relations: Labour relation are concerned with the creation, maintenance and administration of rules, control process, ideologies, interactions, and relationships in the workplace.
  9. Integration: This involves effecting a reasonable reconciliation between an individual interest and organizational interest. The organizational interest should not suppress the individual interest.
  10. Provision of Good Working Conditions: It's the responsibility of the business to provide essential working conditions that are pleasant and safe for employees to be motivated and productive.
  11. Orientation or Induction: It's a process whereby new employees are first introduced to the business, its procedures, environment and work situation and, secondly, to their coworkers, subordinates, and superiors. It motivates the new employees, makes them happy or excited and puts them at ease.

Interesting Facts I Bet You Never Knew About Human resource planning

Human Resource Planning is also called manpower or personnel planning. It's defined as a strategy for the acquisition, improvement, and retention of an enterprise's human resource. 
Bulla and Scott in Armstrong 2006 define human resource planning as “the process for ensuring that human resource management of an organization are identified and plans are made for satisfying those recruitments. Simply put,  Human Resource Planning is concerned with identifying the business demand for human resource and devising means to ensure that a sufficient supply of labour is available to meet that demand.”
Essentially, Human Resource seems to address two basic questions: first, how many people, and second, what sort of people?
It addresses business human resource needs both in quantitative and qualitative terms. 

The aims of human resource planning are as follows:
  • To attract and retain the number of people required with the appropriate skills, expertise, and competencies 
  • To anticipate the problems of potential surpluses or deficits of people 
  • To develop a well trained and flexible workforce, thus, contributing to the organization's ability to adapt to an uncertain and changing environment 
  • To reduce dependence on external recruitment when their skills are in short supply by formulating retention, as well as employee development strategies 
  • To improve the utilization of people by introducing a more flexible system of work.

The Lazy (Quick) Way To Human Resource Process

Human Resource Process involves the following steps:
  • Human Resource Inventory: Here, you are to take the statistics of the current employees in terms of skills, experiences, qualifications, and other factors.
  • Human Resource Forecast: You are to determine the future human resource requirements also in terms of skills, experiences, qualifications, and other factors.
  • Human Resource Plan: At this stage, you are to compare the over human resource needs to the current inventory of staff to determine net human resource n and develop a human resources plan so as to match the supply of labour with the estimated demand. The decision may be to reduce or increase the staff strength of the business or to train the current employees.
The above steps are what you need If really you want to run your business into a success. 
Just follow the above SuperEasy Ways To Learn Everything About Human Resource Management.

If you are confused about anything on this topic, feel free to ask via comment box I will surely reply.

Helping Babies Breathe: 8 Modern Essential Care Methods For Small Babies

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You’ve heard of essential newborn care course, but you probably don’t know exactly the modern essential care for small babies.

Am I right?

That’s because you probably thought that essential care was just for the professionals.

But hey! 

 It's not what you think.

But you should note that you have to be a health service provider or a midwife (accoucheuse).

The federal ministry of health in collaboration with stakeholders developed the integrated maternal newborn and child health strategies in 2007 which was revised in 2013/2014 and 2015 edition.

The strategy stipulates the developed of a training package for capacity building of Frontline health workers in provision of quality Newborn Health Services.
Also Read: Best Birth Control Pills for women.
The development of the essential newborn care (small babies) course (ENCC) is a major breakthrough in child health associates effort to reduce preventable newborn deaths across the world, most especially, in developing country like Nigeria.

Who is to participate in the Essential Care for Small Babies?

To those whose provide care for small babies (newborn babies), and anyone who is trained to assist women in childbirth or a physician.

Essential care for small babies

Notice, I didn’t say “anyone working in the health sector.”

It's strictly for trained essential care staffs and pros.

Why do I need to study the modern essential care for small babies?

1. To maintain and increase knowledge and skills: It gives you a quick avenue to refresh your knowledge and continue building skills for helping babies breathe.

2. Identify a provider in your facility who will become your partner for review and practice. Ideally this provider should have completed the essential care for small babies course.

3. To help one another identify gaps in knowledge and improve skills.

4. It helps you to identify differences between the recommended actions and the way these actions are performed in your facility.

5. It teaches you how to work with others in your facility through an improvement team to make changes that improve health of mothers and babies.

What are the steps involved in Helping Babies Breathe after birth?

You can easily learn the modern essential care for small babies here as a health service provider or midwife.

Here’re Some Steps Involved In Helping Babies Breathe

Step 1

Weigh The Baby Within 90 Minutes After Birth

Birth weight helps identify babies at higher risk, provides a baseline for monitoring growth and may also be necessary for calculating drug doses.

Babies should be weighed within 90 minutes of birth. However, weighing should be deferred if an infant is cold unless needed for calculating antibiotic doses.

Use scales designed for weighing babies.

Notice, zero the scales before each use to test that they function properly. Clean the scales with dilute bleach solution or other safe cleaning product before each use to prevent infection.

Babies with birth weight under 2500 grams may require special care to prevent low body temperature. Also babies with birth weight under 2000 grams should receive prolonged skin to skin care. These babies may need alternative feeding methods and more frequent assessment to identify problems and Dangers Signs. Babies with birth weight under 1500 grams should be referred for advanced care when possible.

Step 2

Classify A Small Baby By 90 Minutes

You should classify a small by 90 minutes to determine further care. Classification is based on the baby's weight, temperature, and exam.

The small baby with No Danger Signs 
  • Weighs between 1500 and 2500 grams and 
  • Maintains a normal temperature with thermals care and 
  • Breathe well.
The baby with Danger Signs or Very small
  • Weighs less than 1500 grams or 
  • Develop a problem or
  • Has a Danger Sign such as fast breathing, temperature <35.5°C or >37.5°C, severe chest in-drawing, no movement or convulsions.
Note that classification may be delayed up to 4 hours if a small baby has:
  • Fast breathing or chest in drawing that is improving.
  • Temperature <36.5°C that rises within 1 (one) hour of improved thermal care.
  • Poor feeding due to lack of energy or difficulty with coordination to breastfeed.
These basis require careful assessment for other signs of illness.

All small babies require ongoing routine assessment as they are at risk of developing problems.

Step 3

Maintain Thermal Care - Kangaroo Mother Care (KMC) 

Kangaroo mother care is a care of preterm infants carried skin to skin with mother.

Components of Kangaroo Mother Care include:
  • Early continuous and prolonged skin to skin contact between the mother and the baby.
  • Exclusive breastfeeding (ideally); it's initiated in the hospital and can be continue at home. It's a gentle, effective method that avoids the agitation routinely experienced in a ward with preterm infants.
Notice! Mother at home require adequate support and follow up.

Benefits of Kangaroo Care for Premature Babies
  1. It is the effective way of maintaining the correct body temperature of the newborn 
  2. It promotes exclusive breastfeeding, leads to a higher rate and longer duration of breastfeeding 
  3. It increases the quantity of EBM for cup feeding or naso/orogastric tube feeding
  4. Babies gain weight faster (grow Faster). This is due to the fact that babies receiving KMC may easily feed on demand and have lower caloric expenditures to maintain body temperature (low metabolic rate).
  5. Decrease number of preterm and LBW babies dying due to the reduction of apneic attacks, irregular breathing, and hypothermia. This is achieved through the action of the mother's heartbeat, respiration, and voice which act as stimulants to the baby's breathing control center in the brain.
  6. It requires fewer equipment 
  7. It improves bonding 
  8. Increases mothers confidence in handling her small newborn.
  9. It reduces cost (it is cheaper than incubator care), both to the hospital facility and to the mother/guardian.
Everyone can provide KMC as long as they understand the method and are motivated to practice it. All those who want to assist the mother can practice KMC, such as grandmothers, sisters, aunts, husbands, and even friends.

Step 4

Counsel The Mother / Care Giver

Counseling is the process of helping an individual or a group of individuals to their own decision by providing appropriate, accurate and unbiased information and emotional support.

Topic to counsel mother on depends on the stage KMC:

When the Mother is Admitted to KMC:
  • Meaning of KMC 
  • Basic needs of small baby 
  • Advantages/Disadvantages of kmc
  • How to practice KMC 
  • Care of the baby
What to do during the Mothers at the KMC 
  • Feeding 
  • Support to the mother
  • Potential problems
  • Discharge Criteria 
  • General personal hygiene 
  • Activities while in the KMC ward
  • Information about family planning
At the Time of Discharge from the KMC

  • Experience in KMC unit and implications of KMC at home
  • Dealing with community and opposition to KMC 
  • Support for the mother for continued KMC at home 
  • General care for the baby at home 
  • Follow up after discharge 
  • Discontinuation of KMC.
Step 5

Prepare Baby and Mother (Positioning  the Baby)

Dress the baby in socks, a nappy, and a cap, place the baby between the mother's breasts. The health worker should help the mother position the baby upright between her breasts, feet below her breasts and hands above.

Step 6

Apply KMC Wrapper

How to make the KMC wrapper (care of the very small baby 1.5kg to less than 2.5kg.

Snugly wrap the baby to your body, place the center of a long cloth or wrapper over the back of the baby on the mother's chest, cross the ends of the cloth behind the mother's back bring them back around, and tie them in the front underneath the baby.

Mother covers her baby with her own clothes and an additional blanket or shawl to cover the baby. The mother needs to appear in culturally acceptable clothing.

Step 7

Maintain Breastfeeding To Provide The Best Nutrition

Breast milk is the best food for small babies. Small babies may not have the skills or strength to feed at the breast initially. Mothers attempting to breastfeed as a small baby require extra support and encouragement since it's one of the modern essential care methods for small babies.

Support the special needs of small baby who is attempting breastfeeding with:

* Nipple stimulation prior to feeding.

* Added attention to positioning and supporting head.

* Early licking and practice at the breast.

* Manual expression of breast milk into baby's mouth.

* Awakening baby when changing to opposite breast.

Evaluating of effectiveness and adequacy of early breastfeeding requires following the baby's weight, wet diapers, and stools. If possible, providers should watch a mother breastfeed and discuss observation.

Step 8

Expressing Breast Milk

A mother will need to and should express breast milk for a baby who can't feed directly from the breast.

Mothers need early support to express milk for babies who are unable to feed on the breast, mothers may also express milk to help the baby latch on to the nipple or relieve breast engorgement.

How To Express Breast Milk
  • Wash hands with soap and water.
  • Sit comfortably.
  • Hold a clean container under the nipple.
  • Place thumb above and first finger below and behind the dark portion of the breast.
  • Support the breast with other fingers.
  • Press the breast gently towards the chest wall. 
  • Compress the breast between the thumb and finger. 
  • Avoid sliding the thumb and finger on the skin of the breast.
  • Gently rotate the position of the thumb and finger around the breast with each compression.
  • Express breast until milk drips, then express the other breast.
Express breast milk at the time when a baby would normally feed. 

Expressed milk should be:

* Stored in a clean, covered container.

* Kept in the coolest place possible for up to 6 hours.

* Discarded after 6 hours unless if refrigerated it can be used up to 24 hours.

After all the above step by step guide of essential care for small babies, a baby born at 1600 grams is now 2 weeks old, the baby received adequate feeds for ten days he now weighs 1850 grams and he is doing well with continuous skin to skin care and is breastfeeding well.

We hope that this modern essential care for small babies would get you to know the pros and cons of how to take care of a very small baby or premature baby without any mistake.

We know you’ve really spent much time reading this article, and we hope this content is really helpful?

5 Major Roles Of Entrepreneurs In The Society

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Role of entrepreneur

You are about to read the 5 major role of entrepreneur and their impacts on society. No doubt, entrepreneurship is the hub in the wheel of developmental process of any country. This is why governments at various levels are contributing towards the promotion of entrepreneurship in their society.

This well-detailed post has been written on the role of entrepreneur in the society and has been compiled to help you understand  the role of entrepreneur easily and fast. Although, there are five (5) basic ways through which the society feel the impact of entrepreneurs. Check it out! 👇
5 Roles of Entrepreneurs in The society

1. SPONSORSHIP

Most business people sponsor at least one candidate for higher education, especially a child in an orphanage. In short, many orphanage homes are backed up by these business people. The scholarship is given to a poor student for him or her to make available better educational opportunities.

2. DONATIONS

Here is one of the reasons why entrepreneurs are so important to society. Let's look at this aspect, a businessman or woman may decide to donate car or a lot of money for charity purposes. From their earnings, they would like to assist the less privileged and also improve their standard of living.

3. ADVISERS TO RESPECTIVE GOVERNMENT

More often than not, the government seeks the advice of successful citizens on some social and economic activities. Business is important for the growth & development of a nation. Thus, a successful business person is an asset to the society. He or she can contribute to the wellbeing of a society in diverse ways that improve the living conditions of the people.

4. CHARITABLE INSTITUTIONS

A businessman or woman sets up various educational, medical, business related courses & vocational training institutions to provide the less privileged with benefits that they cannot afford. In some cases, the fees may be less or forgone in the case of a meritorious student. Even hospitals are also run by these charitable institutions. Entrepreneurs help in training and development of manpower needed by the society.

5. WELFARE PROGRAMS

Business owners financially contribute to various welfare programs. Some of which include: helping the physically handicapped, orphans, widows e.t.c

In times of crisis, they help by donating items such as clothes, medicine, roof, cooking utensils and others.

Apart from their contributions to the economic growth and development of the economy, entrepreneurs also help in creating job opportunities for the teeming population of any country.

That's all. I have just explained all you need to know about the role of entrepreneur. Hopefully, you found it valuable and will no longer ask questions like: “what is the role of an entrepreneur”, “what is the role of entrepreneur in business or economy”.

11 Simple Steps To An Effective Business planning Strategies

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Business plan examples

A well-written business plan can help maximize potentials and minimize overheads, liabilities, and risks associated with any proposed business venture. It also shows exactly what revenues are expected and when to expect them, what overheads and expenses will need to be paid and exactly when they will be due.

What Is Business plan and How Does It Work? 

A business plan is designed to plan in advance how a proposed business will be started, implemented and managed. In short, it is a working blueprint of the entire operation of the business. It contains all that the feasibility study has in addition to specific deadlines, detailed budgets with monthly and seasonal forecasts, letters of intent, resumes of staff, background, competition, strengths and weaknesses, worksheets and full notations, appendix and all related and required documents that will be referenced as the business is being developed.

Best Studies To Writing a Good Business Plan

In order to write a good business plan, here are some guidelines that can be of help:
  • Keep the plan short, focused and readable;
  • Consult as widely as possible;
  • Solicit help from appropriate sources such as accounts or bankers or management consultants;
  • Point out the obvious benefits of the product or service;
  • Address fully any possible bones of contention;
  • Outline the qualities and skills of the management team;
  • Do not make assumptions on behalf of the readers;
  • Do not be too optimistic in estimating income potential;
  • Avoid use of long words, technical jargons, or over complicated sentences;
  • Highlight critical risks and success factors peculiar to the business;
  • Identify the target market;
  • Keep the plan written in the third person. Use “he”, “they”, or “them”, instead of “I”, “We”, and “Us”.
11 Simple And Well Detailed Steps In Writing A Business Plan (2018)

As a general rule, a business plan should be about 25 to 30 pages, focusing strongly on the management and financial elements of the business. Note that the executive summary should not exceed two pages, normally, written last but appears first in the final plan. Below are the 11 easiest steps involved in writing a business plan:

#1. Set The Context

Here, you are to describe the background of the business, product, or service and a brief history of the organization; who the customers are;  past performance of the organization (if the organization is an existing one); and any key factors that might dictate the success of the business.

#2. Define Business Objectives

Here, you are to develop a list of short-term, medium-term and long-term objectives. Note that measurability and deadlines are very important.

#3. Perform A Market Analysis

You are to persuade or convince the reader or investor that the product or service will secure a substantial market. Your market analysis should include: a description of the overall market and the specific market targeted; detailed information on current and proposed customers; names of leading competitors, market share, and alternative products or services; and of course, market influences, which include economic trends, seasonal fluctuations, legislation and social factors. Your target market is and the changes that may affect the market.

#4. Propose Your Approach to Marketing (The marketing plan)

Here, you are to describe your strategy and it should cover the following:
  1. The image of the organization you wish to convey;
  2. Your product positioning;
  3. The key features of the product that differentiate it from others; 
  4. The four Ps of marketing.
#5. Describe Your Plans for Development and Production (The operations plan)

You are to touch on all aspects of researching, developing, producing, and delivering your product or service. You to describe the research, development, and production processes with the expected cost of raw materials, labor, and plant and equipment. It should also include a contingency plan for possible scenarios that might disrupt your Operations.

#6. Clarify The Current Financial Situation (The Financial plan) 

Here, you are to state exactly what is required of investors and lenders. The financial plan should contain data documenting of past, present, and projected performances, which should include startup costs, profit and loss statements (income statements), cash flow analysis, and balance sheets.

Repayment of the principal plus the interest will be of key interest to investors and lenders, so include break-even projections. It is also important to demonstrate how sound financial control will be exercised over borrowed and incoming funds.

#7. Demonstrate That The Management is Committed And Capable

You are to convince investor and lenders of your strengths and skills. An organization chart that shows the management capabilities, as well as responsibilities, should be presented. If there are weaknesses, you to indicate how you propose to deal with them.

#8. Describe The Ownership Of The Organisation

An investor or lender will need to know the owners of the structure of the organization, whether it a sole proprietorship, a partnership or a limited liability company. You are to show how much investment has been made and by whom.

#9. Discuss Critical Success And Risk Factor

You are to present critical risks and problems. Do not omit actual and potentially negative factors. Also, provide a self-account of critical success factors.

#10. Conclude On A Positive Note

You are to summarise the key features such as strategic directions, strengths and unique benefits, realistic projected sales and returns. Also, include a proposed timetable of events to demonstrate sound planning. In conclusion, write a strong conclusion that leaves the reader with a positive and lasting impression.

#11. Provide An Executive Summary

An executive summary is usually written last but it appears first in the final plan. It should include the unique features of product or service; the short-term, medium-term and long-term objectives of the organization; the benefits that the product or service offer to the target market; the qualities and skills of the people who will make things happen; a financial statement of assets, sales, and profit expectations and how much capital is required; and as a conclusion, a statement of return for the investors.

Format Of A Typical Business Plan 

Find below the format for writing a good business plan (business plan examples):

#Title Page 

 #Table of contents 

 #Executive summary: Usually written last

#Business Description 
• General background
• Mission
• Key success factors

#Marketing Plan 
• Marketing research and analysis
• Target market
• Market size and potential market share
• Competition
• Marketing strategy

#Management Plan
• Management team - Key personnel
• Ownership/organization structure

#Location 
#Operation plan

#Financial Plan
• Financial forecasting
• Profit and loss
• Cash flow
• Break-even analysis

#Financial risks and success factors 

Now you know how to easily write a great business plan step by step without sweat and move your business from zero to hero.

Share it with friends on Social Media and have a great time. If you have questions, feel free to drop.

10 Precious Tips To Help You Get Better At SWOT Analysis

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SWOT Analysis – Today, I will demonstrate to you precisely the standard ways to conduct a SWOT Analysis, one of the Best strategy tools. Check out details below to see very much point by point and characterized instructional guide on the most proficient method to performe a SWOT analysis for team, business, or a company.

I’m sure there’s no need to waste time persuading you that SWOT analysis is one of the highest return business activities that are essential for your marketing success, either medium or large scale business.

Business success relies heavily on the SWOT analysis you choose to practice and thus, many people often end up conducting the wrong SWOT analysis technique for their business.

If you are reading this post and are looking for easiest way to do a SWOT analysis; no more worries! 
At the end of this post, you should be able to:
  • Define SWOT analysis (SWOT analysis definition);
  • Understand  the advantages and disadvantages of SWOT analysis;
  • Know the examples of likely strengths, weaknesses, opportunities, and threats;
  • Understand the steps involved in conducting SWOT analysis.
Today, in this post, I'll show you how to do a SWOT Analysis in the simplest way and get the best of it.
Let’s get started!

What is SWOT Analysis?


SWOT is an acronym which stands for Strengths, Weaknesses, Opportunities, and Threats.

Strengths are internal positive attributes or factors that are helpful in achieving business or factors that are harmful to achieving business or organizational objectives or goals.

Weaknesses and Opportunities are also internal negative attributes or factors that are harmful to achieving business or organizational objectives or goals.

Threats are also external positive factors or conditions which could pose challenges to achieving business or organizational objectives or goals.

Strengths and weaknesses are within the control of the organization while opportunities and threats are beyond the control of the organization.

How To Do SWOT Analysis

The following are the likely examples of strengths, weaknesses, opportunities, and threats of a typical business organization ( SWOT Analysis Examples).

#1 - Examples of Strengths
  • Your marketing expertise;
  • A new innovative product or service;
  • The strategic location of your business;
  • Customer loyalty;
  • Staff development and training programme;
  • Quality process and procedures;
  • Capital investment and a strong balance sheet;
  • Friendly, cooperative, and supportive staff; 
  • Appropriate levels of involvement through delegation and trust;
  • Effective cost control programme; 
  • Efficient procedures, systems, and well developed social responsibility;
  • Well trained staff;
  • A well-developed business network that ensures that you and your products are well known.
#2 - Examples of Weaknesses
  • Poor quality goods and services;
  • Damaged reputation;
  • Lack of marketing expertise;
  • Bad location;
  • Staff absenteeism;
  • The absence of methods for monitoring success or failure;
  • Lack of awareness of the business vision, mission, objectives, and policies; 
  • Noncompliance with or non-awareness of appropriate legislation; 
  • Poor competitiveness and higher prices;
  • A declining market for the product;
  • Lack of new products or services;
  • Out of date plant and equipment;
  • Weak managerial skills,
  • Poorly trained staff;
  • Inadequate working capital;
  • Insufficient space for expansion to meet demand;
  • Lack of new products to meet the customers' demand.
#3 - Examples of Opportunities 
  • Availability of new technology;
  • New markets; 
  • An aging population;
  • Changes in interest rates:
  • A new programme for training and monitoring quality;
  • Strengths and weaknesses of competitors; 
  • A new international market;
  • Moving into new market segments that offer improved profits;
  • A market vacated by an ineffective competitor;
  • The arrival of a large company in your area that uses goods or services like those you supply;
  • Recent legislation generating an increasing need for your goods or services;
  • Changing consumer tastes that favor items that are, or could be, strongly represented in your product range.
#4 - Examples of Threats
  • A new entrant into the market;
  • Price wars with competitors;
  • A competitor that has a new innovative product or service;
  • Competitors have superior access to channels of distribution;
  • Introduction of taxation on your product or service; 
  • The level of unemployment;
  • Environmental legislation;
  • Political instability;
  • Increase interest rates; 
  • Exchange rate fluctuations;
  • Economic recession;
  • Higher price for raw or finished materials or for services that you buy;
  • Legislation imposing new obligations or restrictions.
Note that what may represent strengths with respect to one organization may be regarded as weaknesses by another organization. Likewise, what may pose challenges to one organization may be seen as opportunities by another organization.

SWOT analysis is a useful instrument which helps entrepreneurs to identify internal strengths and weaknesses of a business and external opportunities and threats facing it.

It's a general technique that can find applications across diverse management functions and activities, but it is part appropriate to the early stages of strategic and marketing planning. Performing SWOT analysis involved identifying and recording the Strengths, Weaknesses, Opportunities, and Threats concerning a particular business or organization.

The analysis takes into consideration internal resources and capabilities (strengths and weaknesses) and factors external to the business or organization (opportunities and threats).

The aim of any SWOT analysis is to identify the key internal and external factors that are important to achieving the organizational objectives. SWOT Analysis conducted based on the assumption that an effective strategy helps maximize the strengths and opportunities of a business and maximizes its weaknesses and strengths.

Entrepreneurs should try as much as possible to match strengths to opportunities and see threats as challenges.

However, entrepreneurs should understand that all factors in a SWOT analysis do not have the same value.

Some factors are unique to a particular kind of business. The aim of SWOT analysis is, therefore, to identify those critical factors that can have a significant impact on the business. Entrepreneurs can then build on vital strengths; correct obvious Weaknesses; exploit significant opportunities and avoid potentially disastrous threats.

SWOT analysis is used within an organization in the early stages of strategic and marketing planning. It also used in problem-solving decision making, or for making staff aware of the need for change. It can be used at a personal level when examining your career path or determining possible career development.

ONE of the way we can utilizes SWOT is by MATCHING and CONVERTING.

matching is used to find competitive advantages by matching the strengths to opportunities while converting is to apply conversion strategies to convert threats or weaknesses into strengths and opportunities.

An example of conversion strategy to find a new market for your product or service, but if the threats or weaknesses cannot be converted, the best alternative is to minimize or avoid them.

NOTE:In applying SWOT analysis, entrepreneurs should ask and be able to answer the following questions:
  1. How can I use or capitalize on each strength? 
  2. How can I improve each weakness? 
  3. How can I exploit and benefit from each opportunity?
  4. How I mitigate each threat?

Simplest Guides To Conducting A Good SWOT Analysis

The following guidelines are to guide entrepreneurs (businessmen) when conducting SWOT analysis:
  • Take wide-ranging views of external influence or trends;
  • Be realistic about the strengths and weaknesses of your business organization;
  • Swot analysis should distinguish between where your organization is today and where it wants to be in the future;
  • Keep your SWOT analysis short and simple;
  • SWOT analysis should be analytical and specific - avoid grey areas; 
  • Choose the right people for the exercise;
  • Select appropriate leader or facilitator;
  • Use SWOT analysis as a guide and not as a prescription.
Important Notice!
Remember that any form of SWOT analysis is better carried out by a team of experts which may include an account, a salesperson, an engineer, and ombudsman.

8 Quick Tips Regarding SWOT Analysis

If you are looking for an easy and fast way to Do a SWOT Analysis for your business or team, STAY on this page because I am going to show you exactly how to do it!

The following are the 8 simple steps involved in conducting SWOT analysis:

Step #1: Set the objectives

The purpose of conducting a swot analysis must be clearly defined. It may be wide or narrow, general or specific. What is important is that you must be clear about what you are doing and why you are doing it. 

Step #2: Selecting appropriate contributors

This is important if final recommendations are to result from consultation and discussion, not just personal views, however, expert. The contributors may be a group of experts selected from different disciplines or levels of the organization.

Step #3: Allocate research and information -gathering tasks

Background preparation is a vital stage for the subsequent analysis to be effective and should be divided among the SWOT analysis participants. This preparation can be conducted in two stages; exploratory, followed by data collection; and detailed, followed by a focused analysis.
  • Gathering information on strengths and weaknesses should focus on the internal factors of skills, resources, and assets, or the lack of them.
  • Gathering information on opportunities and threats should focus on external factors such as social, market, economic or technological trends over which you have a title or no control.

Step #4: Create a workshop environment

In compelling and recording the SWOT analysis lists takes place in meetings, exploit the benefits of workshop sessions. Encourage an atmosphere conducive to the uninhibited flow of information and to participants openly expressing what they think, free from blame.

The leader/facilitator has a key role here and should allow time for free flow of thought, but not too much. Half an hour is often enough to spend on strengths, for example, before moving on. It's important to be specific, evaluative, and analytical at the stage of compiling and recording the SWOT lists --- mere description is not enough.

Step #5: List Strengths

Strengths can relate to the organization, to the environment, to the public relations and perceptions, to market share, or to people.

Step #6: List Weaknesses

This session should not be an avenue to criticise the business or organization but should elicit an honest appraisal of the way things are. Below are some key questions you put into consideration:
  1. What obstacles prevent progress? 
  2. Which elements need strengthening?
  3. Where are the complaints coming from? 
  4. Are there any real weak links in the chain?
You also note that it's not unusual for “people” problems like poor communication, bad leadership, lack of motivation, too little delegation, no trust, the left hand not knowing what the right is doing, etc to feature among the major weaknesses.

Step #7: List Opportunities

This step is designed to assess the environmental factors, to evaluate the benefits that they may bring to the organization. Also, bear in mind how long opportunities might last and how the organization may take the best advantage them.

Step #8: Act on your findings

Make sure that the SWOT analysis is used in subsequent planning. Also, revisit your findings at appropriate intervals to check that they are still valid.

Now, let's have a look at some advantages and disadvantages of SWOT analysis below.

Advantages of SWOT analysis 

  1. SWOT analysis enables the organization to spot business opportunities and exploit them fully; 
  2. It encourages the development of strategic thinking;
  3. It enables the organization to anticipate future business threats and take action to avoid minimize their impact;
  4. It enables the organization to focus on strengths and build opportunities.

Disadvantages of SWOT analysis

  1. SWOT analysis is consuming;
  2. It lacks detailed structured, which makes it easy to miss the key elements.
  3. That data used in the analysis may be based on assumptions that may subsequently prove unfounded (good or bad).
  4. The space of changes makes it difficult to anticipate developments that may affect the organization in the future;
  5. It needs to be conducted regularly, which makes it difficult.

Wrapping It Up

This SWOT Analysis checklist is crucial for you to do your stuff!

The above details are all you need to know in order to do a SWOT Analysis fast and easily for your business, team or a company to uncover opportunities, understand the weaknesses of your business, and find a way to manage and eliminate threats that would perhaps  catch you unawares.

Did you enjoy this post? Do not forget to share with friends.

Short Story: The Truth About Shopping Habits [Must Read]

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Shopping habits

Over time, ethics, and culture in shopping habits have kept on increasing with respect to society and the economy. In some developing countries, due to the absence of efficient credit and insurance markets, savings are a crucial determinant of an entrepreneurial growth. Despite the many benefits accrued to savings, some entrepreneurs have been considered not to save enough because of their shopping habits.


Many entrepreneurs often do not seem to understand how or why they should save and this is particularly the case of small-scale entrepreneurs in society.

A greater amount of them have no savings at all. Those of them that save maintain only short-term thrift collection which can only be used to finance day to day needs. It is pertinent to mention that poverty does explain the shopping habit among the small income group.

The explanation lies in the lack of financial education in the society as a whole reinforced by inadequate incentives to save.

Given the many benefits (both to the individual and to society as a whole) that savings can bring, there must be serious reasons why people do not save enough rather they use whatever they have for shopping (buying liabilities more than assets).

The following are some of the factors that may be responsible for shopping rather than saving.

#1 - Many people feel that the risks and difficulties of saving outweigh the risks and difficulties of not saving, therefore, they use their income on shopping.

#2 - People often do not seem to understand how and why they should save when their income barely solves their immediate problem.

#3 - Lack of confidence in financial institutions. The distress in the financial sector has discouraged most of the entrepreneurs from saving so they spend most of their income on shopping.

#4 - High independence of poverty and how nominal disposal income because of the unfavorable economic environment characterized by high unemployment and inflation. In essence, the little income will be used for shopping.

#5 - Most entrepreneurs do not even possess the necessary identification requirement to open an account. This encourages shopping.

#6 - the Considerable number of entrepreneurs find saving to be boring and difficult hence they do not want to pay for financial advice.

“More than half of the consumers surveyed stated it was important to establish a personal relationship with a sales associate whether online or in-store.”

Final Thought About Online Shopping Habits

I hope you have a good time reading the topic of Consumer shopping habits? Have a wonderful day ahead!

Business Web Design Tips from Online Casinos

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As essential components of modern online business, the intricacies of websites and online design are vast and complex. Even for those familiar with the basics of web design, constant shifting online attitudes and trends can make maintaining online services a road seemingly without end.

Rather than try to reinvent the wheel, a great way to find success in this world can be by learning from other, established online industries. Using the example of online casinos, we want to delve into what popular web design lessons might be translated to your business, both instantly, and going forward into the new decade.

Webdesign business
Source: Pixabay


Intelligent Layout

The most fundamental step in developing a website is to design a mock-up, and in a workable form, if possible. This portion of the process is often overlooked by overzealous beginners making websites, but it can also be a problem when turning to paid web-designers. Exterior website designers, while generally offering a high base level of skill, will never be as knowledgeable about an industry as you are, as noted by Techfunnel. Understanding and working with this limitation should always be in your mind throughout the process. For a demonstration of a well-considered layout, we could use the online casino website Paddy Power. As a long-time name in the online casino world, Paddy Power knows that displaying a vast amount of choice is key. Because of this, every major component of their service is viewable right from the main page, either on desktop or mobile connections. Slots, blackjack, bonuses, table games, and even links to different betting types on the top bar, everything here is clear and boldly stated.

Website design business
Source: Pixabay


Features First

While it will be important to show all of a business's main features as obviously as possible, you should also remember the differing levels of importance which arise across different industries. On an online casino website, some aspects are well understood, and others require greater illumination.

To elaborate, everybody knows what the basic forms of blackjack and roulette look like, so these don't necessarily need to be displayed up-front. On the other hand, modern online slots see success through an enormously varied range of themes and striking graphics. The attractive design makes them a perfect fit for the prime advertising position, as they, alongside bonuses, help in putting an online casino's best foot forward.

Compare online casinos to subscription services like Netflix, Amazon Prime, and Hulu, as another example. If you look at the Amazon’s Prime Video site and compare it to the other video services, you can see that their most fundamental aspects of design display both what they offer, and how joining might be possible. The other services feature different shows and joining methods, but all of these put the most important features of their businesses up-front.

Interconnectivity

The final idea which needs to be focussed on is interconnectivity between different pages of your website and social media. Engaging on these fronts means building a translatable experience across different parts of your online presence. Properly updated links are an important factor here, but thematic consistency also plays a huge role. Every step of the way, a user should never forget where they are or see a dead page, or interest and faith in your brand could be lost.

Working to create the best possible web design won't happen overnight. Finding your online voice almost always means trial and error, and while this can be disheartening, it can also provide opportunities to learn. Looking at other established examples like online casinos can give you a strong starting point, but only through maintained effort and putting a personal and professional twist on the formula is it possible to find true and lasting web success.

3 Things Everyone Knows About Wrong Business Model That You Don't

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Wrong business model is a major contributor to the high casualty rate of Nigerian e-commerce start-ups. It's quite noticed that lot of internet entrepreneurs (internet marketers) always seeking help from SEO experts on how they can increase their Adsense Revenue.

Business Model

If you are one of those persons', I'm sorry to say, you can't get such help easily. This is because contrary to what some SEO consultants may say, it is virtually impossible to make real money from ads revenue.

With the notable exemption of high-traffic Nigerian sites like Nairaland forum, NBF Social Network, Naijaloaded, nnu.ng, etc, no Nigerian sites probably earn N50,000 a month from the ad.

Do you know why?

It is simply because, the more quality content you have on your site, the more visitors Google send to your site, the more visitors you have, the higher your prospect of making money from ads. So, if you have the resources, (material, time, persistence) to churn out regular great content, forget about making money from the ad.

Top 3 Bad Business Models You Should Avoid in E-commerce in 2019

As an internet entrepreneur, there are some basics steps to follow in order to get your product, website or blog to the top. Below is the list of some top bad business models examples to avoid in 2019.

1. Poor Logical Infrastructure

Online retail thrives on seamless logic support. This, unfortunately, is hard to come by in Nigeria. Private courier services are too expensive while no serious business will depend on government-owned ones.

And building distribution and other supply chain infrastructure from grounds up is an expensive undertaking. This cost naturally adds to the cost of goods sold on these Nigerian online stores. The result is either noncompetitive prices (compared to the brick and Mortal goods) or low profit making up margin.

2. Security and Trust Concerns

Security and trust are also one of the major causes of failure to the business model. Very few Nigerians would be willing to make a purchase online, especially from a Nigerian e-commerce site.

Nearly every Nigerian knows one person or the other that have lost money to automated machine (ATM) fraud. And ATM being the closest that most of Nigerians have come close to e-commerce naturally means Nigerians would be skeptical about making a transaction online.

There's also the question of dependability and trustworthiness of our fellow countrymen. The truth is a lot of Nigerians will feet more secured making purchases from the foreign-owned site than from Nigerian one.

This generally can be attributed to the perceived believe that Nigerians are unscrupulous.

And then there's the question of the security of these Nigerian e-commerce sites. From phishing to identify theft, these fears are real.

3. Poor Marketing 

No business can thrive without effective marketing strategies. Poor marketing is also another good example of wrong business model. Most Nigerian online business display a high degree of ineptitude appalling. They all seem to think all it takes to succeed online is some flashy website (which is not even visible to search engines).

In building an internet business, you do not only build a website but also promote your site, and make sure it's seen by everyone who is browsing the internet.

You also need to make sure that whenever someone searches for something relevant to your website, they will find you instead of your competitor.

There are many ways to marketing, and affiliate building is just a few of the available options.

Wrong Business Model: Final Thought

Avoiding the above Business models can help of some wrong practice and would help bring your online products to Google Search and earn money from ads.

Live Casino Vs. Traditional Casinos

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These days we can track the dizzying extent of human progress through a variety of means, however one that continuously throws up quite how quickly we have progressed in the last 100 years is that of the casino industry. Don’t get us wrong, this is a market that has been huge since at least the 18th Century, but for a long whilst it remained in a fairly stationary position, lacking the technology to make any really huge changes. Over the last two centuries, however, this has completely changed, with a myriad of new technologies paving the way for an unprecedented expansion of the entire industry.
Live Casino
The main thing to happen to the casino industry was undeniably the emergence of the Internet, something that immediately flipped the whole market on its head. It did not take long for online casino such as a Norwegian casino site to become a viable alternative to traditional casinos, and the statistics these days show that online casino has completely and utterly overtaken its traditional predecessor. This is a change that was spearheaded by the online slots market, of course, however in recent years things like live casino have also contributed. But what exactly is live casino? And how does it compare to traditional casino? Well, read ahead to find out…

What Is Traditional Casino? 

To kick things off we thought it apt to give a quick run through of what exactly traditional casino is, seeing as there are millions of new gamblers around these days who have amazingly never set foot inside one of these establishments. A traditional casino is basically exactly what it says on the tin – a gambling hotspot usually located in a very large and flashy building, with a multitude of different games you can try your luck on. Places like Las Vegas have become traditional casino Meccas, absolutely no wonder when you see quite how decadent these establishments have become.
In fact, historically there has been so much money poured into the traditional casino industry by excited gamblers that real life physical casinos are often ludicrously decadent. In fact, some places in Las Vegas even have things like zoos nestled away in their casinos – it really is extravagance to the point of absurdism!

History Of Traditional Casino 

The legitimate history of traditional casinos can be tracked all the way back to the 17th Century and the bustling city of Venice. Aware of how many people liked to gamble during the carnival season, they established the first genuine casino in the world – the Casino di Venezia, in the 1600s. This was the first time that the world had seen a government regulated completely legal casino, however to call it the start of casino gambling would be foolish, as it had been around for hundreds, if not thousands, of years prior. Regardless, the Casino di Venezia was the first legitimate casino, and before too long several more had sprung up around Venice.

Now, fast-forward to the 21st Century and the amount of traditional casinos really is staggering – you can find at least one in pretty much all major cities across the world. There is also a ridiculous amount of money in the industry too, something that shouldn’t be surprising considering the amount of people that simply love to gamble.

What Is Live Casino? 

As we have seen, traditional casino has been around for hundreds of years, but live casino has been a thing for a comparatively short amount of time. In fact, live casino’s lifespan correlates directly with that of the Internet, and do you know why that is? Well, the answer is simple – live casino is something that relies 100% on the Internet. However, it is important not to get it mixed up with the whole online casino realm, because live casino is only one part of this huge industry.

Oh yes, in a difference to things like online slots or poker, live casino still retains some of the real life elements of traditional casino. This is because all live casino games are live streamed from a central location, with gamblers then placing their bets from all over the world. This is one of the main reasons why so many people have started playing live casino games – it appears to wed the best bits from online casino and traditional casino.

History Of Live Casino 

Live casino first appeared in 1996, at the time it was incredibly rudimentary and you could only play Blackjack on it, however it was still incredibly popular. It wasn’t long before video links made the experience that bit better, and gamblers could actually see the dealer over a real-time live stream. This enhanced live casino’s popularity even further, attracting gamblers from all corners of the world due to its merger of reality and online play.

As time has gone on live casino has only got more popular. Where once you could only play Blackjack, nowadays there are all manner of live casino games on offer, with Roulette being one of the most popular. Technology too just keeps getting better, meaning that the video links are now almost always in stunning HD.

Pros & Cons Of Traditional Casino 

There are a load of positives to take from traditional casino, with the main one being that it just feels better than playing online in a lot of cases. Nothing can match the grandeur of some real life traditional casinos, and going to these places is as much about the building than the actual gambling experience.

However, there are also negatives associated to traditional casinos. For example, they are ten times less practical than live casino – you actually have to leave your house to go to them! There is also the trouble of finding an actual good casino, we don’t al have the luck of living in Las Vegas!

Pros & Cons Of Live Casino 

Live casino is a lot more practical than traditional casino, and the pros don’t stop there either. Many gamblers are reporting more favourable odds during live casino play too, consequence of the huge amount of money that the industry brings in.

A Tradesman’s Guide To Teamwork in Business

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Hi everyone, welcome to our comprehensive update on Teamwork in Business. If you are interested in a detailed article about what is teamwork, benefits of teamwork, then you have stumbled on the right post here. In this post, you would get all the necessary steps needed to build a successful teamwork for your business.

But before we bag into giving you these steps let's briefly explain what a teamwork means and its benefits.

What Is a Team? How Does Teamwork Work? 

A team (business team or a work team) is a group of people with complementary skills who work together to achieve a specific goal. In the case of Motorola’s RAZR team and Apple Inc., the specific goal was to develop (and ultimately bring to market) an ultrathin cell phone that would help restore the luster to Motorola’s tarnished image.


It wasn’t supposed to set sales records, and sales in the fourth quarter of 2004, though promising, were in fact fairly modest. Back in September, however, a new executive named Ron Garriques had taken over Motorola’s cell phone division; one of his first decisions was to raise the bar for RAZR. Disregarding a 2005 budget that called for sales of two million units, Garrigues pushed expected sales for the RAZR up to twenty million.

The RAZR topped that target, shipped ten million in the first quarter of 2006, and hit the fifty-million mark at midyear. Talking on a RAZR, declared hip-hop star Sean “P. Diddy” Combs, “is like driving a Mercedes versus a regular ol’ ride.

Jellicoe and his team were invited to attend an event hosted by top executives, receiving a standing ovation, along with a load of stock options. One of the reasons for the RAZR’s success, said Jellicoe, was that “It took the world by surprise. Very few Motorola products do that.” For a while, the new RAZR was the best-selling phone in the world.

The Team and the Organization

Below are Some Key Characteristics of  business Teams. To put teams in perspective, let’s identify five key characteristics of Teamwork:

1) Share accountability for achieving specific common goals 
2) Function interdependently 
3) Require stability 
4) Hold authority and decision-making power 
5) Operate in a social context.

Benefits of teamwork

Why Organizations Build Teams

Why do major organizations now rely so much on teams to improve operations? Executives at Xerox have reported that team-based operations are 30 percent more productive than conventional operations. General Mills says that factories organized around team activities are 40 percent more productive than traditionally organized factories. FedEx says that teams reduced service errors (lost packages, incorrect bills) by 13 percent in the first year and this why teamwork is so important in an organization.

Self-Managing Teams 

Self-managing teams (also known as self-directed teams) have considerable autonomy. They are usually small and often absorb activities that were once performed by traditional supervisors. A manager or team leader may determine overall goals, but the members of the self-managing team control the activities needed to achieve those goals.

Self-managing teams are the organizational hallmark of Whole Foods Market, the largest natural-foods grocer in the United States. Each store is run by ten departmental teams, and virtually every store employee is a member of a team.

Each team has a designated leader and its own performance targets. (Team leaders also belong to a store team, and store-team leaders belong to a regional team.)

To do its job, every team has access to the kind of information—including sales and even salary figures—that most companies reserve for traditional managers.

Not every self-managed team enjoys the same degree of autonomy. Companies vary widely in choosing which tasks teams are allowed to manage and which ones are best left to upper-level management only.

Let's have a look at this, for example, self-managing teams are often allowed to schedule assignments, but they are rarely allowed to fire coworkers.

Why is it good to work in a team?

Now that we know a little bit about how teams work, we need to ask ourselves why they work. Not surprisingly, this is a fairly complex issue. In this section, we’ll explore why teams are often effective and when they ineffective.

Factors in Effective Teamwork

First, let’s begin by identifying several factors that contribute to effective teamwork. Teams are most effective when the following factors are met: 
 Members depend on each other. When team members rely on each other to get the job done, team productivity and efficiency tend to be high.

Members trust one another

Members work well together than individually. When team members perform better as a group than alone, collective performance exceeds individual performance. 

Members become boosters

When each member is encouraged by other team members to do his or her best, collective results improve. 
 Team members enjoy being on the team. 
 Leadership rotates. 

Some of these factors may seem intuitive. Because such issues are rarely clear-cut, we need to examine the issue of group effectiveness from another perspective—one that considers the effects of factors that aren’t quite so straightforward. 

Group Cohesiveness

The idea of group cohesiveness refers to the attractiveness of a team to its members. If a group is high in cohesiveness, membership is quite satisfying to its members. If it’s low in cohesiveness, members are unhappy with it and may try to leave it.

Groupthink

It’s easy for leaders to direct members toward team goals when members are all on the same page—when there’s a basic willingness to conform to the team’s rules. When there’s too much conformity, however, the group can become ineffective: it may resist fresh ideas and, what’s worse, may end up adopting its own dysfunctional tendencies as its way of doing things.

Such tendencies may also encourage a phenomenon known as groupthink—the tendency to conform to group pressure in making decisions while failing to think critically or to consider outside influences.

Other Factors that Erode Performance 

Let’s take a quick look at three other obstacles to success in introducing teams into an organization:

Unwillingness to cooperate:

 Failure to cooperate can occur when members don’t or won’t commit to a common goal or set of activities. What if, for example, half the members of a product-development team want to create a brand-new product and half want to improve an existing product? The entire team may get stuck on this point of contention for weeks or even months. Lack of cooperation between teams can also be problematic to an organization.

Lack of managerial support:

Every team requires organizational resources to achieve its goals, and if management isn’t willing to commit the needed resources— say, funding or key personnel—a team will probably fall short of those goals. 

“Life Is All about Group Work” 
“I’ll work extra hard and do it myself, but please don’t make me have to work in a group.”

Like it or not, you’ve probably already notice that you’ll have team-based assignments in college. More than two-thirds of all students report having participated in the work of an organized team, and if you’re in business school, you will almost certainly find yourself engaged in team-based activities.

Why do we put so much emphasis on something that, reportedly, makes many students feel anxious and academically drained? Here’s one college student’s practical-minded answer to this question: 

“In the real world, you have to work with people. You don’t always know the people you work with, and you don’t always get along with them. Your boss won’t particularly care, and if you can’t get the job done, your job may end up on the line.

Life is all about group work, whether we like it or not. And school, in many ways, prepares us for life, including working with others.

She’s right. In placing so much emphasis on teamwork skills and experience, business colleges are doing the responsible thing—preparing students for the business world.

A survey of Fortune 1000 companies reveals that 79 percent use self-managing teams and 91 percent use other forms of employee work groups.

What Skills Does the Team Need? 

Sometimes we hear about a sports team made up of mostly average players who win a championship because of coaching genius, flawless teamwork, and superhuman determination. But not terribly often.

In fact, we usually hear about such teams simply because they’re newsworthy—exceptions to the rule.

 Typically a team performs well because its members possess some level of talent. Members’ talents must also be managed in a collective effort to achieve a common goal.

In the final analysis, a team can succeed only if its members provide the skills that need managing. In particular, every team requires some mixture of three sets of skills:

Technical skills. Because business teams must perform certain tasks, they need people with the skills to perform them. For example, if your project calls for a lot of math 

What Roles Do Team Members Play?

As a student and later in the workplace, you’ll be a member of a team more often than a leader. Team members can have as much impact on a team’s success as its leaders. A key is the quality of the contributions they make in performing non-leadership roles.

What exactly are those roles?

At this point, you’ve probably concluded that every team faces two basic challenges: 
1) Accomplishing its assigned task 
2) Maintaining or improving group cohesiveness 

Whether you affect the team’s work positively or negatively depends on the extent to which you help it or hinder it in meeting these two challenges.

We can thus divide teamwork roles into two categories, depending on which of these two challenges each role addresses. These two categories (task-facilitating roles and relationship-building roles) are summarized here:

Finally, a few characteristics of another kind of team-membership role. So-called blocking roles consist of behavior that inhibits either team performance or that of individual members.

Every member of the team should know how to recognize blocking behavior. If teams don’t confront dysfunctional members, they can destroy morale, hamper consensus building, create conflict, and hinder progress.

So there you have it, teamwork strategies and benefits of teamwork to help maximize your ability to work in a team or even in the workplace. If you’ve had success with any of these please feel free to share your results in the comments section.
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