Communication
People comunicate with each others using serval ways
Communication depending on the channels :
Verbal communication,Non verbal communication
Verbal communication : the message is transmitted orally or visually
In order to achieve a successful verbal communication, remember
to KISS (Keep it Short and Simple)
Verbal Communication is divided into :
Oral (spoken) Communication : It includes face-to-face conversations,
speech, telephonic conversations, video,
radio, TV, voice over internet.
Written
Communication : The message can be transmitted through email,
letter, report, memo, the internet and other media
+ Quick feedback
Quick decision-making
Trust
Ability to build strong
networks
Ability to make judgments
- Inability to deeply think while
speaking
Misunderstandings
Misinterpretations
Pronunciation problem
+Fluency problem
Sender:
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Messages can be edited and
revised
Written communication
provides record and backup
Receiver:
fully understands and sends
appropriate feedback
- Does not bring instant
feedback
Takes more time in composing
Struggle with writing abilities
Non-verbal communication
It is the sending of wordless messages.
It involves gestures, body language, posture, tone of voice, facial
expressions, and even silence.
Non verbal communication has many elements:
Body Language: facial expressions, gesture, posture, eye contact
Body shape (or appearance):clothes, neatness, hair style, etc.
Circumstantial Language: (Surroundings and time)-size, lightening,
decorations, furnishings, etc.
Sign language: visual and audio symbols
Para language: pitch variation, volume, speech rate, pause, stress on words
your tone of voice tells your mood)
Startup
A start up is a small business that has just
been started.
The term startup refers to a company in the first stages of operations. Startups are founded
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by one or more entrepreneurs who want to develop a product or service for which they believe
there is demand.
On average, it takes six months to hire someone for a startup.
The average age of tech startup founders is 39.
The number one reason why startups fail is due to misreading market demand.
The second largest reason why startups fail is due to running out of funding and personal money.
How to guarantee the success of your start up ?
Experience ,Lack of: Ideas , Money, Trust
What makes a successful business person? What skills?
Leadership skills, Problem-solving skills Communication skills ,Decision-making
Success
How to become successful
- Desire
- Believe that you can
- Stretch goals to come out of comfort zone
- Determine the benefits from achieving your goals
- Determine where you are now & where you want to go
- Set deadlines
- Identify obstacles you have to overcome
- Identify the knowledge you need
- Identify the people, groups and organizations you need
- cooperation from
Teamwork
Teamwork is generally understood as the willingness of a group of people to work
together to achieve a common aim.
5 )Important Reasons Why Teamwork Matters
1.Teamwork motivates unity in the workplace
2. Teamwork offers differing perspectives and feedback
3. Teamwork provides improved efficiency and productivity
4. Teamwork provides great learning opportunities
5. Teamwork promotes workplace synergy
Teamwork skills are the qualities and abilities that allow you to work well
with others during conversations, projects, meetings or other collaborations.
Having teamwork skills is dependent on your ability to communicate well,
actively listen and be responsible and honest.
- Improve your teammate morale
- Stop micromanaging
- Try to understand their point of view and then act accordingly
- Focus on what you can control about the situation
- Keep a record of your work and interaction
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Competition
“Competition a situation in which someone is trying to win something or be
more successful than someone else.”
Competition is the rivalry between
companies selling similar products and
services.
What are the positive and the negative sides of competition?
+
- Markets Competition is motivational
- Competition identifies strength and weaknesses and
permits upgrading and growing
- Competition is an essential force in maintaining productive
and efficient markets
negative
- Competition is a form of extrinsic incentive that
works as long as the incentive is maintained
- Competition can destroy self-esteem, interferes
with learning
There are 3 basic types of market competitors
- Direct Competitors
A direct competitor offers the same products and services aimed at
the same target market and customer base, with the same goal of
profit and market share growth.
- Indirect Competitors
An indirect competitor is another company that offers slightly
different (or similar) products and services, targets the same
group of customers but with different revenue goals.
- Replacement Competitors
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Replacement competitors (also called phantom
competitors) offer a different product and have a different
goal, but use the same consumer resource.
How do businesses compete?
1. Prices
2. . Better Products
3. Better Customer Service
4. Economic Incentives
5. Advertising
Advertising
Advertising can be defined as the techniques
and practices used to bring products, services,
opinions, or causes to public notice for the
purpose of persuading the public to respond in
a certain way toward what is advertised.
Advertising is based on :
- Marketing
- Organic social media
- (free content)
- Paid social media
- Email marketing
- Content creation
- Digital marketing
Advantages of Advertising
Facility of purchasing
Better standard of living: change old
habits and adopt new life style
Creation of jobs (artists & research)
Raising awareness towards Public causes