There are mainly two types of income – active income and passive income. Active income requires active involvement and hence is limited to time and efforts put by you. Whereas, passive income is based on the principle of leverage. Most rich people create wealth using… Read More »Active Income and Passive Income
Blind spots are the most important and often neglected area of any business. Do you want to uncover your business blind spots? Johari Window is a simple tool that primarily helps individuals increase their self-awareness and adapt better to their surroundings. If applied to a… Read More »Do You Want To Uncover Your Business Blind Spots?
The COVID-19 pandemic has made a profound impact on consumer behavior and has turned them more digital-savvy, cost-conscious, and environmentally responsible. Jewellers in India have already started adopting digital medium to reach out to their customers online. This article evaluates the opportunities in the cost-effective… Read More »Lab Grown Diamonds Market: A Sunrise Industry for Jewellers
Online Jewellery Market in India Technology is changing the way people shop. Consumers are increasingly getting comfortable shopping online. They have shown faster online adoption for standardized products such as books, electronics, apparel, footwear & home décor. Although Jewellery is a non-standardized and high-involvement category, the… Read More »How Big is the Online Jewellery Market in India?
Customer-centricity is the key to omnichannel success. As brick-and-mortar Jewellery retailers make their transition into omnichannel retail, they often fall short in meeting demanding customer expectations. A closer understanding of the customer pain points in omnichannel jewellery retailing would help Jewellers step up their efforts in delivering… Read More »Customer Pain Points in Omnichannel Jewellery Retailing
They say it’s lonely at the top. But not for an entrepreneur who has a coach, consultant, advisor, and mentor. Each plays a key role in an entrepreneur’s success. So, how does an entrepreneur decide when to seek help from a coach, consultant, advisor, or… Read More »4 Keys to an Entrepreneur’s Success
Increasing internet penetration and smartphone adoption in India has led to a new world of tech-savvy customers who prefer to communicate & shop digitally. Retailers across industries are fast adopting technology and reinventing their traditional business models to stay relevant in the digital era. Although… Read More »How Jewellers can succeed in the era of Digital Transformation?
Stephen Hawking famously said, “The greatest enemy of knowledge is not ignorance; it is the illusion of knowledge.” Have you come across the question “What you don’t know that you don’t know?”. If not, then take a moment and try to think about the answer. Your reaction… Read More »Illusion of knowledge – know that you know nothing
Have you ever felt low in life? There are ups and downs in life and there are those moments when things do not seem to go as per plan. Thus, bringing our confidence levels low. Everyone has those moments. If you look back at your… Read More »Frame of Life – Special moments that inspire you
Are you facing a problem that is surfacing again and again? Wondering how to solve the issue permanently? Try the Five Whys Analysis method to identify the root cause of the problem. Simply ask a sequence of five “why” questions to pass through the obvious… Read More »Five Whys Analysis – Know the root cause of a problem
