New Year Special: BUSINESS PLAN FOR MAKING BOLTS AND NUTS

The product's introduction
This business concept is for the manufacture of bolts and nuts. A bolt is a cylindrical piece of metal used to connect items. A nut is a hexagonal or square object with a central threaded hole. In the industrial sector, nuts and bolts are in high demand.The company intends to produce 2,600 kg of bolts and nuts every month. With a 10% sales margin, the revenue potential is predicted to be US$ 241,800 per year. The project's total capital investment is US$ 19,113.

Capacity for Production
The planned mill will have a daily capacity of 100 kg of bolts and nuts while working on a single shift of eight hours per day for 300 days per year.

The manufacturing procedure
After putting steel rod into a double stroke cold header machine, the bolt head is created. The bolt is then machined to a square or hexagonal shape with a bolt head trimmer, and the threads are cut on a thread-rolling machine. Steel rods are fed through an automatic nut forking machine for nuts, and the semi-finished nuts are fed into a tapping machine for internal threading. The nuts and bolts are normalized in a heat treatment furnace to relieve cold bolts and nuts generating stress. 

Market research
Bolts and nuts are in high demand, particularly in the construction, mechanical, and industrial sectors.

Sources of Supply of Equipment
All equipment can be got from the local market at lower costs

 

 

Production is assumed for 312 days per year.
Depreciation assumes 4 year life of assets written off at 25% per year for all
assets.
A production Month is assumed to have 26 work days.

 

Source of Supply of Equipment and Rawmaterials
Equipments and Rawmaterials can be imported from Japan and
Taiwan.

2024 ADVICE: SOMETIMES WE NEED TO LOSE THE SMALL BATTLES TO WIN THE WAR

 

The personal advice of a person that sometimes we need to lose the small battles to win the war is a reminder that it is important to keep our long-term goals in mind when making decisions. Sometimes, we may need to compromise or make sacrifices in the short term in order to achieve our ultimate goals.

Here are some examples of situations where it may be necessary to lose the small battles to win the war:

• In a career setting, we may need to accept a less-than-ideal job or assignment in order to gain experience or make connections that will help us to achieve our long-term career goals.
• In a personal relationship, we may need to compromise on certain issues or give up on certain things that are important to us in order to maintain the relationship and achieve our long-term relationship goals.
• In our personal lives, we may need to make sacrifices in terms of our time, money, or energy in order to achieve our long-term personal goals, such as getting a degree, saving for a house, or starting a business.

It is important to note that losing a small battle does not mean that we are giving up on our goal. It simply means that we are adjusting our approach or strategy in order to achieve our goal in the long run.

Here are some tips for losing the small battles to win the war:

• Keep your long-term goals in mind at all times. This will help you to make decisions that are aligned with your goals, even if they are not ideal in the short term.
• Be willing to compromise. It is important to be flexible and willing to give up on some things in order to achieve your goals.
• Don't be afraid to ask for help. If you are struggling to achieve your goals, reach out to people who can support you and help you to stay on track.
• Celebrate your successes along the way. Even if you are only making small progress, it is important to celebrate your accomplishments. This will help you to stay motivated and keep moving forward.

Remember, it is okay to lose the small battles as long as you never lose sight of your long-term goals.

2024 PLANS: CHANGE THE PLAN BUT NEVER CHANGE THE GOAL

First, it can help to remind the person that it is okay to change their approach if things are not going according to plan. This can be very helpful if the person is feeling discouraged or frustrated.

Second, the phrase can help to keep the person focused on their long-term goal. Even if they need to change their plan, they should never lose sight of what they are trying to achieve.

Here are some specific ways to use the phrase "change the plan but never change the goal" to motivate a person:

• If the person is feeling discouraged or frustrated, tell them that it is okay to change their plan. Remind them that everyone makes mistakes and that the important thing is to learn from them and keep moving forward.
• If the person is feeling overwhelmed, help them to break down their goal into smaller, more manageable steps. This will make the goal seem less daunting and more achievable.
• If the person is facing setbacks, help them to find new and creative ways to achieve their goal. Remind them that there is always more than one way to reach a destination.
• Encourage the person to be flexible and adaptable. Things don't always go according to plan, but that's okay. The important thing is to never give up on their goal.

Here is an example of how you could use the phrase "change the plan but never change the goal" to motivate a person:

"I know that you're feeling discouraged because your plan didn't work out. But it's important to remember that it's okay to change your plan. Everyone makes mistakes. The important thing is to learn from them and keep moving forward. You're still capable of achieving your goal, even if you need to take a different path to get there."

It is important to be supportive and encouraging when using the phrase "change the plan but never change the goal." The goal is to help the person stay motivated and focused on their goal, even if they need to make some adjustments along the way.

 

Week End movie Christmass spacial: HUSTLE

Hustle is a 2022 American sports comedy-drama film directed by Jeremiah Zagar and starring Adam Sandler as Stanley Sugerman, a down-on-his-luck NBA scout for the Philadelphia 76ers. While on a scouting trip in Spain, Stanley discovers Bo Cruz (Juancho Hernangómez), a raw but talented basketball player. Stanley believes Bo has the potential to make it in the NBA, but he needs to be trained and polished.

Stanley convinces Bo to come to the United States with him, but the two face an uphill battle. Stanley's boss, Vince Merrick (Ben Foster), doesn't believe in Bo and doesn't want to give him a chance. Stanley also has to deal with Bo's lack of experience and his struggles to adjust to American culture.

Despite the challenges, Stanley and Bo persevere. Stanley helps Bo improve his skills and his confidence. Bo also begins to develop a close relationship with Stanley's family, including his wife Teresa (Queen Latifah) and his daughter Alex (Jordan Hull).

In the end, Bo is given a chance to prove himself at the NBA draft. He performs well and is drafted by the 76ers. Stanley is proud of Bo's accomplishment, and he is grateful for the opportunity to have helped him achieve his dream.

Hustle is a heartwarming story about second chances and the power of believing in yourself. It is also a celebration of the game of basketball and the people who love it.

 

BUSINESS INSIGHT: BETTING CENTER

Starting a betting center is a business that involves facilitating gambling activities, often centered around sports betting, horse racing, or other forms of betting. Here are some simple business insights to consider if you are thinking about opening a betting center:

1. Legal Regulations: Before starting a betting center, thoroughly research and understand the legal regulations and licensing requirements for gambling businesses in your region or country. Compliance with these regulations is crucial to avoid legal issues.

2. Location Matters: Choose a strategic location for your betting center. Accessibility and visibility can significantly impact your business. Consider areas with high foot traffic or proximity to sporting events.

3. Technology and Equipment: Invest in the necessary technology and equipment to facilitate betting. This includes computers, betting terminals, odds display screens, and secure payment processing systems.

4. Variety of Betting Options: Offer a variety of betting options to cater to a broad range of customers. This may include sports betting, virtual sports, casino games, and even lottery services if allowed by local regulations.

5. Competitive Odds: Provide competitive odds to attract and retain customers. Having favorable odds compared to competitors can set your betting center apart.

6. Promotions and Bonuses: Consider offering promotions, bonuses, and loyalty programs to incentivize customer participation. These can help attract and retain bettors.

7. Security Measures: Implement strong security measures to protect your business from fraud and ensure fair play. This includes fraud detection systems and robust customer identity verification processes.

8. Knowledgeable Staff: Employ knowledgeable staff who can assist customers with betting options, odds, and payout procedures. Customer service is crucial in this business.

9. Responsible Gambling: Promote responsible gambling and provide resources for individuals who may have gambling-related issues. Encourage responsible betting among your customers.

10. Financial Management: Implement strict financial management practices to ensure the financial stability of your business. Keep accurate records of bets, payouts, and revenues.

11. Marketing and Advertising: Develop a marketing strategy to attract customers. This might include online advertising, promotions, and partnerships with local sports events or organizations.

12. Competition Analysis: Study your competitors to understand their strengths and weaknesses. This can help you tailor your offerings to stand out in the market.

13. Continuous Innovation: Keep up with industry trends and technology advancements. Innovation can lead to new betting opportunities and customer engagement.

14. Financial Planning: Be prepared for fluctuations in revenue, especially for events like major sports tournaments. Ensure your business has adequate financial reserves to handle these fluctuations.

15. Community Engagement: Consider engaging with the local community through sponsorships, charity events, or partnerships. This can build goodwill and attract customers.

Remember that the betting industry can be highly competitive and regulated, so it's essential to do thorough research, seek legal advice, and develop a comprehensive business plan before starting a betting center. Additionally, always prioritize responsible gambling practices to ensure the well-being of your customers.

 

The week end movie: HALFTIME

Halftime is a 2022 American Netflix original documentary film directed by Amanda Micheli. It follows the career of Jennifer Lopez, with a heavy focus on her performance at the Super Bowl LIV halftime show and her film Hustlers (2019). The film premiered at the opening night of the 2022 Tribeca Film Festival, and was released on Netflix on June 14, 2022.

The film begins with Lopez celebrating her 50th birthday in July 2019. She then reflects on her career, which began with her as a "Fly Girl" dancer on the television show In Living Color in the early 1990s. Lopez has since starred in numerous films and television shows, and has released several successful albums.

In 2020, Lopez was invited to perform at the Super Bowl halftime show, one of the most-watched television events in the world. Lopez shared the stage with Colombian singer Shakira, and the two women performed a high-energy set that featured many of their biggest hits.

Halftime also follows Lopez as she promotes her film Hustlers, which was released in September 2019. Hustlers is a crime drama about a group of strippers who scam their wealthy clients. Lopez received critical acclaim for her performance in the film, and many people believed that she would be nominated for an Academy Award. However, Lopez was not nominated for an Oscar.

Halftime is a revealing and intimate look at Jennifer Lopez's life and career. It is a film about success, failure, and resilience. Lopez is a self-made woman who has overcome many obstacles to achieve her dreams. She is an inspiration to many people, and her story is one of perseverance and triumph.

The film has received positive reviews from critics, who have praised its intimate look at Lopez's life and career, as well as its strong performances and emotional impact. Halftime is a must-watch for fans of Jennifer Lopez, as well as anyone who is interested in the entertainment industry or the challenges of being a woman in a male-dominated field.

 

Book of the week: Deep Work: Rules for Focused Success in a Distracted World

"Deep Work: Rules for Focused Success in a Distracted World" is a book by Cal Newport that explores the concept of deep work and its significance in today's world of constant distractions. Here's a summary of the key points from the book:

1. Defining Deep Work:

   • Deep work refers to the ability to focus without distraction on cognitively demanding tasks. It's a state of flow where individuals can produce high-quality work efficiently.

2. Shallow Work vs. Deep Work:

   • Newport distinguishes between shallow work (tasks that are often non-value-adding and easily replicable) and deep work (tasks that require intense focus and deliver significant value). He argues that deep work is becoming increasingly rare but is highly valuable.

3. The Four Disciplines of Deep Work:

   • Newport presents four principles for cultivating deep work: a. Work deeply: Dedicate uninterrupted time to high-value tasks. b. Embrace boredom: Avoid the constant urge for distractions like social media. c. Quit social media (or use it intentionally): Assess the value of your social media usage and consider quitting or using it more deliberately. d. Drain the shallows: Eliminate or streamline low-value tasks to free up more time for deep work.

4. Rituals and Routines:

   • Newport suggests establishing rituals and routines to facilitate deep work. Create a dedicated workspace, set specific goals, and establish a regular schedule for deep work sessions.

5. Attention Residue:

   • The concept of attention residue highlights that even a brief switch from one task to another can leave a residue of distraction, affecting the quality of your deep work. Minimizing context-switching is crucial.

6. Deep Work and Productivity:

   • Newport argues that deep work significantly boosts productivity. By focusing on meaningful tasks and minimizing distractions, you can accomplish more in less time.

7. Deliberate Practice:

   • Deep work is essential for achieving mastery in a field. Deliberate practice, which involves focused, intentional, and challenging work, is a key driver of expertise and innovation.

8. Deep Work in a Hyperconnected World:

   • Newport acknowledges that in a world filled with digital distractions, embracing deep work can be challenging but is essential for personal and professional growth.

9. Deep Work for Professionals:

   • The book provides advice on how professionals in various fields, including academia, business, and the arts, can integrate deep work into their lives to achieve better results and job satisfaction.

10. Balancing Deep Work and Rest:

    • Newport emphasizes the importance of balancing deep work with adequate rest and relaxation, as deep work can be mentally taxing.

In essence, "Deep Work" encourages readers to cultivate the ability to focus deeply on meaningful tasks and to limit distractions in an increasingly noisy world. By embracing deep work practices, individuals can enhance their productivity, achieve mastery in their fields, and lead more fulfilling professional lives.