For a startup company, Angel Investors can be considered the entrepreneur’s best friend, their saving grace, their answer to a prayer. Some say they are called “angels” because they are an answer to the entrepreneur’s prayer for money to get their business launched, or to respond to accelerated growth, or to bridge the capital divide and reach profitability.
Online Payment Service Providers – Opportunities and Challenges
As the usage of Internet for business transactions increases, we now have dozens of online payment service providers, of which are specific to a country and some are global. This wikipedia page has a comprehensive list:
PayPal is the undisputed leader in online payment service providers. Google has tried to build market share for its Google Checkout over the last two years but feedback from my customers and business partners is that Google Checkout is still not their preferred online payment mechanism.
Most other online payment service providers are limited in their appeal, and are used by specific niches of customers. For example, there are some payment providers for online pharmacy transactions and online betting transactions. These are large industries however as the legalities are not the same or favorable in all countries, therefore such payment providers are able to offer a solution that is needed by the companies in these industries. Continue reading
Using the “Elevator Pitch” to Raise Capital and to Grow Revenue
Every entrepreneur has heard they need to have an “elevator pitch”. So what is that? What does that really mean? Most entrepreneurs want to drone on for 30 minutes talking about their business opportunities almost in the hopes that a VC or group of investors will say…..”OK, OK…I give. I’ll invest if you will just shut up!”.
Leadership Styles – Participative Leadership
Also known as democratic leadership, participative leadership is the most common form of leadership practiced in the corporate world and political scene. The participative leadership model favours decision making by a group. In this model, the leader consults his team and seeks their opinion, making the decision subsequently. Compared to the autocratic leadership model, this model allows the views of the team members to be heard and encourages team members to participate, hence its name. It is worthy to note that in this style of leadership, the decision is still made by the leader, only that it is based on opinions and perspectives from the team as a whole.
Participative leadership is successful as a leadership style that allows an all rounded decision to be made. It allows a team to make a decision on the matter together. Often, a leader would seek the opinion of the team and possibly encourage discussion and debate to stimulate the thinking process of the team. This way, the every member of the team would feel that his views are being heard, and even if their views are not accepted, they know that it was for a reason and not merely overlooked or brushed away. This, according to Patrick Lecioni in his book, Five Dysfunctions of a Team, is critical in achieving buy-in, failure of which would result in a team to be dysfunctional.
The mode of decision making of a participative leader is known as the consult-and-decide method. In his book, The First 90 Days, Michael Watkins explained that the consult-and-decide method essentially has the brainstorming done by the group, and the decision to be made by the leader. This is as opposed to both the seeking out of ideas and the decision to be done by the leader. The team also has a part in directing the decision by participating in the discussions.
However, participative leadership may fail should the team be relatively inexperienced. For instance, should a team deciding on the appearance of a physical product sold be a company consists mostly of fresh members, the quality of discussions and debate with relation to the final decision would be superficial and possibly even irrelevant, hence making the decision of how the product should be will not be well thought out. Evidently, a precondition for effective participative leadership is to have a team that is sufficiently experienced and competent at their job.
Participative leadership is particularly popular in the corporate world as the decisions made often has consequences in multiple levels and would require the inputs and expertise of various professionals. In addition, the pace of events often does not allow a free rein style of leadership where the leader allows the team to reach a consensus with a luxury of time.
Lucas Lin is a renowned expert in the field of leadership and management. Having held leadership positions ranging from management executive to operations manager, Lucas is in the prime position to offer advice on leadership and consulting services to leaders across the hierarchy. His years of experience in leadership render his advice highly sought after. Having served in leadership positions in various organisations, including a country club, a school and the military among others, Lucas developed an intimate knowledge of value-based leadership, which can be applied to all vocations.
Visit Lucas Lin for Timeless Leadership Lessons at [http://leadership-lessons.com]
Article Source: https://EzineArticles.com/expert/Lucas_Lin/517142
Thoughts On 1000 Point Fall in Dow Jones

Create a massive fall in the market large enough to trigger stop-losses typically set up at 5% drop, and then buy blue chip stocks at 30% less price before they recover, sell Put Options at 1000% gain, blame it all on computers and trading algorithms. Some person or some company somewhere has walked away with billions in profits after this event. It looks very well planned. This event was most probably an example of higest form of market manipulation, a bold master stroke, though illegal and unethical.
To find answers, we need to check the money-trail. Continue reading