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Filed under: Estates
%Gallery-17015% Filed under: Products and services, Management, Industry, India, Economic data, S and P 500, DJIA, Small business, Technology, Recession, NASDAQ
Which brings me to my point. With the dollar’s decline and the growing affluence abroad, it’s getting cheaper and cheaper to do the work domestically — which might spell the end of Indian outsourcing. Professor Mark Perry had an interesting post recently entitled just that, The Coming Death of Indian Outsourcing? While the title of the post ended in a ‘?’, Perry sounds pretty dour on the future of the disparity between Indian labor and that in the U.S. The moneyline: “Assuming a 15% year-to-year salary hike rate, and a 2007 cost advantage of 1:3 in favor of India, if U.S. wages remain constant, India’s cost advantage disappears by 2015. Then what?” While there will always be international labor arbitrage, the U.S. may be in the early stages of seeing some of the business it’s lost to overseas providers the past couple of years come back to it. Can you envision Silicon Valley cheaper than Bangalore? Zack Miller is the managing editor of IsraelNewsletter.com and a former equity analyst for a leading multinational hedge fund. Filed under: Yahoo! (YHOO), Small business
So, how can you use LinkedIn for your business? Well, I recently had a opportunity to meet up with Allen Blue, the Vice President of Product Strategy of LinkedIn and the company’s co-founder. In fact, he provided a framework on how to use LinkedIn. Let’s take a look: Startup Phase: If you’re thinking of launching a business, then LinkedIn can be a huge help. Essentially, you’ve a pool of 19 million knowledgeable users to work with. “You can test your idea,” stated Blue, “and get valuable feedback. You can do this by searching the profiles on LinkedIn.” In other words, you can get information on the competitive environment as well as strategies on the business model, go-to-market strategy and so on. Running Your Business: No doubt, you need to build a solid foundation for your new business. To this end, you can poll the LinkedIn network by using the Q&A feature. Based on my experience, you are prone to get great responses to your questions. Some things you might ask include: What is the ideal payroll service? How do you put together an employee handbook? What about stock options? What’s more, you can search your network to hiring key employees or contractors. Sell, sell, sell: Yes, this isn’t easy - but it’s totally critical. With LinkedIn, you can search your network for possible customer leads. “Our platform is based on the importance of trusted sources and connections,” said Blue. Actually, one approach is to find those people who are moving to a new company. That’s a great segue to contact the person. Perhaps, the company might be interested in your product or service. Or, suppose you are prospecting a new company — and want to learn more. Well, you can visit the profiles of some of the company’s employees to get a superior sense of the organization, which can be critical in closing a sale. Ill. fundraising trial begins in Chicago Gold hits 4th straight record Don’t bet on it: Delaware’s gambling laws unclear SEI Launches in the Middle East Fannie Mae Announces Offering of New Issue 3-Year Benchmark Notes(R) Disney bankrolls group fighting to keep housing out of resort district Fitch Affirms Sallie Mae Ratings Marriott Rewards(R) Kicks Off Its 25th Anniversary With 5,000 Delta GE Money and Mattress Firm Introduce Consumer Financing Program Last Mile Logistics Group, Inc. Announced as Winner in National Some questions I need to ask: 1. Is this insurance non-cancellable, automatically renewable? 2. Do you pay for chiropractic care? 3. Do you pay for preventive care, like annual physicals, mammograms? 4. Do you pay for “out of network” care, and if so, at what rate? 5. Do you include prescription drug service, and if so, what is the co-pay? 6. Is there a waiting period or pre-existing conditions exclusion period? 7. Do you’ve a Medicare supplement I have the ability to roll over into when I’m 65, without having to re-enroll? Tags: baby boomer, health insurance, HSA |
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