Richard Branson’s Top Quotes On Failure

Every person, and especially every entrepreneur, should embrace failure with open arms. It is only through failure that we learn. Many of the world’s finest minds have learned this the hard way – here are some my favourite quotes on the importance of failure, and the road to success.

  1. When we give ourselves permission to fail, we, at the same time, give ourselves permission to excel.  – Eloise Ristad

 9. Success is most often achieved by those who don’t know that failure is inevitable.   – Coco Chanel

  1. The greatest mistake you can make in life is to be continually fearing you will make one.  – Elbert Hubbard
  2. Only those who dare to fail greatly can ever achieve greatly. – Robert F. Kennedy

  3. Success is stumbling from failure to failure with no loss of enthusiasm. – Winston Churchill
    Continue reading Richard Branson’s Top Quotes On Failure

Managing The Business – Licensed Merchandise

Let’s have a look at licensed merchandise, how it works, what are the advantages and disadvantages for the manufacturer, retailer, consumer.

Licensing is a business arrangement in which one company gives another company permission to manufacture and sell products bearing images to which it owns the copyright. In return the licensor gets a percentage of the revenue from products sold under the license.

By licensed merchandise we mean the agreement to use copyright material, perhaps images made popular by film, TV, video games, or sporting events.

Typical licensed merchandise would be kids wear, clothes, underwear, nightwear, footwear, or kids merchandise such as stationery sets, school satchels or toys and books.

Popular characters would be Disney characters such as Elsa from Frozen, or Sleeping Beauty and Snow White. Also popular is Batman, Superman, and Ninja Turtles.. Barbie, Action man, Bob the Builder or Teletubbies.

There are also sports related licenses for events such as the Football World Cup or the Olympics or Winter Olympics. Appropriate merchandise might be T shirts, sweatshirts, footballs, flags and mugs.

Licensed revenues are significant for organisations such as the Major Baseball League who grants licenses for products to be sold which bear their team logos. In 2010, the MBL sold licensed merchandise worth approximately $2.75 billion.

Songs may be licensed for use in films or TV, and technology may be licensed for use in other products, for example Dolby technology in music players.

Designers make huge revenue from sales of licensed products such as perfume, handbags and clothing.

Licensing agreements

The license is granted by the licensor, (who owns or manages the rights to the copyright or images) to the licensee, who is usually a manufacturer or retailer.

Contracts are negotiated individually, and although there are some generally accepted conventions, the licensor and licensee can agree anything they like.

The agreement will clearly identify the product to be licensed, and will specify sizes, colours and materials to be used, and will usually allow control over the quality of the product, and any changes to design.

It will grant the right to manufacture, import, advertise or sell and distribute the product in specifically agreed territories. It will also state whether the license is exclusive or not in a particular territory. It may specify the trade channels the license can be used for, such as department stores, or mass market retailers.

The licensor will usually specify that they approve quality of the product at every stage, and that they approve packaging, advertising and marketing,

Revenue agreement Continue reading Managing The Business – Licensed Merchandise

What Recruiters Are Looking For In Managers

image

Successful businesses know that their management team is key to their continued prosperity, and they are prepared to invest in them.

They need the best people to manage their employees and ensure they perform at their peak.

The manager needs to achieve the task, develop his staff and develop the team.

What qualities are they looking for?

Strong interpersonal skills
These skills are extremely important .Management is the art of achieving things through other people, so this is a key skill. The job is to get the best performance form each individual and the team as a whole.

So the manager needs to be handle the concerns of each team member, keep them motivated, develop their career and ensure they are productive.

The manager also needs to resolve any conflict that arises in the team or with other departments.

Target setting

The manager must be able to achieve the task by ensuring every individual knows exactly what is expected of them, and that the task comes together when everyone plays their part.
Continue reading What Recruiters Are Looking For In Managers

Will You Be Getting A Vampire Boob Job?

image

The man behind the Vampire Face Lift has just introduced a breast equivalent…..

If you thought the idea of a vampire facial was weird, just wait until you sink your teeth into this one. Dr. Runels, the man behind the Vampire Face Lift – made famous by none other than Kim Kardashian, obvs – has just revealed an equivalent for your boobs: the Vampire Breast Lift.

Yep, as if the idea of an original boob job isn’t enough to make us squirm, this one blows that right out of the water.

Costing £1200 and taking no more than 15 minutes, the procedure involves the doctor drawing a patients’ blood (from somewhere other than the boobage area), extracting the platelet-rich plasma from it, and then injecting it back into their breasts.

After doing so, patients can expect perkier looking breasts, an enhanced cleavage and heightened sensation in the nipples. Meanwhile, Dr Runels reports that the vampire procedure is more favourable than your typical boob job because it does not cause scars or stretch marks. Scars or no scars, we’re not quite sure this is something we’re eager to try.

On top of the needles, blood and eye-watering price tag, the procedure does not achieve an instant result, but takes roughly two months to kick in and then only lasts for up to one year.

image

Kim Kardashian got a vampire facial on an episode of Kim Continue reading Will You Be Getting A Vampire Boob Job?