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THE SELF TAUGHT UNIVERSITY: THE SELF-MADE MILLIONAIRES STUDY AT “SELF TAUGHT UNIVERSITY”

 
 
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THE SELF TAUGHT UNIVERSITY: THE SELF-MADE MILLIONAIRES STUDY AT “SELF TAUGHT UNIVERSITY”
by System Administrator - Saturday, 14 May 2016, 11:40 PM
 

By: M.S.Yatnatti: Editor and Video Journalist Bengaluru: Many people are students of self taught University .This is a solid path for those of you who want to complete a Computer Science course on your own time, for free, with courses from the best universities in the World.In our opinion the curriculum, we gave and will give preference to MOOC (Massive Open Online Course) style courses because those courses were created with self learning in mind. Internet is biggest class room biggest University biggest library biggest research center. This can be used for self learning. Self teaching exists, Innovation comes from one self exploring the vast areas in which they have passion. A Degree means nothing, knowledge means everything. But going to college or university is not just about training yourself for a job. It's about socialization. It's about learning how to learn things. And it's often good to be forced to learn things you didn't think you needed to know. This possible also when you learn through MOOCS. You certainly do not need a university to learn in this modern age, universities are now boxes you put money and time into and get a network and a certificate out of. Self-taught in any field is just as good as academic study, provided it produces the necessary result. Before you earn a PhD, you can rely to some extent on other people to teach you things. After you finish a PhD, almost everything you learn past that point will be self-taught. There are many people who never went to school but they are masters in their business . They study at self taught University. That is what a PhD is all about in the most fundamental sense; it is learning how to learn about just about anything you need to learn. Once you pass that point, you will rarely be able to find a teacher for anything you want to learn, so it all becomes self-taught learning. Reportedly When Steve Siebold was a broke college student, his quest to become rich began with one interview -- with a millionaire, he told US News & World Report. Since then, he's interviewed more than 1,200 of the world's wealthiest people over the past three decades and become a self-made millionaire himself.In his research, he noticed a pastime the rich have in common: They self-educate by reading."Walk into a wealthy person's home and one of the first things you'll see is an extensive library of books they've used to educate themselves on how to become more successful," Siebold writes. "The middle class reads novels, tabloids, and entertainment magazines.".Rich people would rather be educated than entertained. Today everybody is trying to turn into an entrepreneur . The ERP next is business management system for entrepreneurs . ERPNext is a comprehensive and affordable ERP solution containing modules that allow small and medium businesses to manage planning, budgeting, inventory and supply chain management, accounting and human resources. ERPNext is open source software written in Python, JavaScript and MySQL. Some of ERPNEXT's key features include:Completely web-based Managing sales and sales teams Purchasing, inventory Invoicing, payments Tasks, payroll with email, SMS.Ease of use: ERPNext is an interesting ERP web app because it takes the complexity out of ERP and is much more affordable than most of its competitors. The problem facing many companies nowadays is that a proper ERP system is very expensive and difficult to implement.This is where ERPNext is very different from most ERPs. Unlike many ERP systems, ERPNext is open-source and is designed for small to medium-sized businesses. It is based on wnframework, which was built primarily for the system itself but also features plenty of customization options.Customer Service:In addition to phone and email support, ERPNext offers a collection of tutorials in their Knowledge Base as well as helpful instruction with Guides featuring several helpful articles to get you started and keep your system running smooth.Add-Ons and Integration:ERPNext can be easily integrated with several other tools like Magento Shopping Cart, Quickbooks and Tally, also with marketplaces including Amazon and Ebay.The company claims that even more extensions and applications are on the way to further build on.In Conclusion:ERPNext is a no-frills powerful system that proves that enterprise-resource planning (ERP) systems don't have to be really complicated and expensive to do what you need them to do.ERPNext gives you the tools you need when you need them at a cost most businesses can afford.The Sales Pitch :Built for small and medium sized businesses across the world.Manufacturing Ideal for discrete manufacturing (Make to Order, Engineer to Order). Manage material planning, shipping, sales and accounting, customer support and more.Retail Multi-store retail business can track inventory, sales, billing, warranties, returns and much more across all their stores.Distribution Keep track of inventory, sales, serial numbers, batches across locations and warehouses. Manage billing, expenses and purchasing.Services Consultancies and service providers (software companies) can manage billing, accounting, projects, support online.Features :Selling: Lead, Opportunity, Quotation, Rates Taxes Terms and Conditions, Sales Order, DiscountsBuying: Purchase Request, Supplier Quotation, Purchase Order.Managing Inventory: Purchase Receipt, Rejections, Quality Inspections, UOM Conversions, Currency Conversions, Delivery Note, Stock Entry, Sub-Contracting, Serial Numbers..Reportedly success is a subjective notion, if there ever was one. Increase your confidence by taking action. Broaden your definition of authenticity. Improve your social skills. Train yourself to delay gratification. Demonstrate passion and perseverance for long-term goals. Embrace a "growth mindset." Invest in your relationships. These are the scientific seven ways to achieve better success in your life and venture and entrepreneurship. Check out the findings from several studies, which shine a light on what it takes to achieve more in life as cited. Be your own boss .Create a startup and be your own boss .Let it be small or big be your own boss .A small seed can become big tree .You have to have passion commitment and good idea good networking skills .A start up need to have a well documented business plan investment strategy and including exit options to angel investors in the start itself aslater problem should noy crop up with founders. You should have good product and it should be in need and it should have better feature than other products. what is not working discontinue it .Scale it as demand grows .Do not ignore Marketing .Growth capital is very important but do not over raise the finance and hire good talent as an when it is required .Do not over pay as it will be very difficult to manage the start up.Time is everything .Be different find right investors and venture capitalists and not vulture capitalists. Raise money intelligently find the right people be sure and flexible .Do not ignore open source technology. Well documented code of conduct is very important for every employee.and directors of the startup. Well defined Information technology is one of the biggest mass employers. Be different startup .Find unsolved problems of customers and solve it, everybody has problems. Many have many problems .Few problems are universal. Few problems are local few are national and few are international .Find unsolved problems. Companies succeed because they solve and understand the unsolved problem and come up with solutions that are very different from what others do. Put yourself in the customer's position; perhaps you would have experienced a pain point yourself. You may not fully understand the difficulty unless you experience it yourself .Develop deep customer insights. Secret of your success is in Passion, determination, vision, agility, team play, fund-raising skills.What exactly defines the DNA of a booming startup? What do some of the biggest names in the investment community look for in startups and entrepreneurs Clarity of vision Domain expertise? What key factors do successful entrepreneurs attribute to their triumph? Need to be understood diligently. IT major Infosys has reportedly increased the salary of its top executives but the base scale for entry-level software engineers has not changed for more than five years.The company started its higher salaries' package to newly-appointed CEO Vishal Sikka who will get Rs 30 crore ($5.08 mn) annual pay package when compared to $23,000 (Rs 14 lakh) taken by his predecessor S D Shibulal.Infosys pays around Rs 23-27,000 for entry-level software engineers with BE and Rs 12-15,000 for entry-level BSc freshers, according to sources. According to experts, starting salaries offered by other IT companies are in the same range. Information technology is one of the most important mass employer in the country today providing significant value addition and employment creation.