Money | Life, Money & Development

Insurances: Current Challenges for a Dynamic Industry

In the following we’ll be discussing about the current opportunities and challenges faced by the insurance industry. First, what does Insurance really mean? In short, Insurance is a transfer of risk, i.e., risk is transferred from entity A (the policyholder) to entity B (the insurance carrier) in exchange for some amount of money (the premium). This deal implies that A pays to B, and afterwards entity B will bear the risk of any contingent or uncertain loss related to A’s assets and activities. This way, Insurances are essentially a form of risk management… (Continue Reading)

Posted on May 12, 2013 by Herrera · Leave a comment

Development of your Business Idea

In the business voyage that leads to the creation of your company the starting point is to produce ideas or discover business opportunities that allow you to reach the end of such voyage, i.e., the foundation of your company. In this sense, development of your business idea should consider the following:

The idea must be opportune and pertinent, i.e., you must verify that the current state of markets is suitable for developing your business idea, which basically means that there must be a base of customers demanding the product or service that you want to offer. Furthermore, you must verify

… (Continue Reading)

Posted on March 22, 2013 by Herrera · 1 Comment

12 Steps for Entrepreneurship Development

Are you facing excessive hurdles for developing your entrepreneurial project? Do you feel you could attain improved results but you are lacking a development plan and organizational guidelines? Well, don’t worry. In this post I’ll teach you how to fulfill the development of your entrepreneurship plan by means of 12 steps, carefully envisioned for leading entrepreneurs towards success. Let’s begin by reviewing the notion of entrepreneurship. First, an entrepreneur is a person who creates and introduces new things, in order to achieve some well-defined economical and social goals. Thereby, entrepreneurship simply amounts to being an entrepreneur. Entrepreneurship might … (Continue Reading)

Posted on March 10, 2013 by Herrera · Leave a comment

Tips for Managing your Credit Cards

Proper use of credit cards is a wonderful aid for management of personal finances. If you pay timely your total debt, you will be able to receive low-cost financing. Through the proper use of credit cards you are in a good position to deal with emergency expenses such as hospitalizations, unexpected trips, urgent car repair, etc. Likewise, you can have access to cash, 24 hours a day via ATMs. Another of the benefits associated with having a credit card is that they’re often linked to various types of insurance, which apply in different situations such as life insurance and travel … (Continue Reading)

Posted on February 12, 2013 by Herrera · Leave a comment

15 Qualities of Successful Leaders

In this post we will highlight the traits of successful leaders. As I’ve commented previously in The 7 Attributes of Leadership, when I have to evaluate someone for hiring, I always try to identify leadership qualities, because people with such traits perform and coordinate a lot better than simple people. In short, what I look for is people with potential, people who is hungry for more, people able to grow and evolve. And these people can be identified because they have the traits or characteristics of leaders. Besides, as time goes by, these traits will also strengthen the … (Continue Reading)

Posted on January 21, 2013 by Herrera · 7 Comments

Top 10 Tips for Being your Own Boss

Being your own boss and being an entrepreneur is not for everyone. The risk or fear of failure stops many talented people from taking the first step. For some people it is the best way to become a billionaire but in reality, it is increasingly accessible to all. As Alain de Botton says, working for yourself does not always make you rich but can make you much happier. Therefore, here are the top 10 tips for being your own boss:

Motivation: Motivation is the key. Motivation provides you with the energy to overcome obstacles and hindrances.
Love what you

… (Continue Reading)

Posted on January 8, 2013 by Herrera · 2 Comments

Master your Credit Card

A lot of people don’t really know how to use their credit cards. Nevertheless, it’s very important to learn the rules of handling credit cards for success and ease of mind, encouraging sound spending habits for new and experienced credit card users alike. Here are the three basic laws for success with credit cards:

1. Buy only what you really need. It’s a matter of responsibility. Get to know all of the responsibilities in owning and using a credit card, and please make wise decisions about the items you really need to purchase versus the ones you simply wish to … (Continue Reading)

Posted on May 23, 2011 by Herrera · 7 Comments

Building a Network of Contacts

There are plenty of available jobs in the market, and there also are a lot companies recruiting right now, but it is possible that those job openings are never advertised or published in newspapers or on the Internet. Further, important or high-rank job openings are rarely advertised. How to approach this hidden job market? Certainly, it’s not enough to investigate listings of job openings. The key is word-of-mouth or networking.

Networking means building a list of contacts. Contacts are people you’ve met during your business or social activities. More often than not, such friends and acquaintances will … (Continue Reading)

Posted on October 17, 2008 by Herrera · 2 Comments

A Shining Résumé

Typically, the first prerequisite for a sound job application is a well-redacted and organized Résumé (a document closely related to the Curriculum Vitae, but the latter focuses more on education, publications, and other accomplishments). A shining résumé can move you to the first places of a list comprising perhaps hundreds of prospects. Therefore, your résumé should list your germane abilities according to the job you are applying to… remark those abilities that would guarantee a star performance in the job. Remember that you are the ultimate responsible for highlighting your attributes to constitute a valid option to integrate the … (Continue Reading)

Posted on July 24, 2008 by Herrera · 9 Comments

The Quest for Making Money Online

The Net is full to bursting of sites about how to make money online. But what we really need to know about making money is this: Making money is not easy and All we need to make money is common sense and a well-planned approach to work. But those two points are a secret to no one. Nevertheless, it’s very frequent to find websites and blogs bragging about how much money their owners are making. And they are earning a lot with just an Internet connection, a deluxe Apple laptop, and some coconut water in a paradisiac island. You may … (Continue Reading)

Posted on May 24, 2008 by Herrera · 13 Comments

Money

What is your relation with your money? This is something I insist a lot in my business seminars: look for money, but never lend your heart to money. In other words, win money, but don't let money to win you. Are you a winner? Read this post and discover if you are one!

Business

In the 7 Attributes of Leadership I discuss about the traits I pay close attention to when hiring someone, as I always strive to work with leaders.

Technology

Nowadays, the net is inhabited by myriad blogs. Therefore, to stand out has become more and more challenging. Thus, the question arises: how to highlight our blog in order to distinguish it from others? It's simple. Follow a "samurai" approach.

Health

Memory is the mental ability which allows us to store, retain, and information. A clear memory amounts to a "bigger" vision of our world. In this post, we review the nature and physiology of memory, and derive some helpful tips for keeping it active, and young.