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Utilising technology to its full business potential

9 Replies Chadrack

There is no doubt about it. Technology has greatly enhanced how we carry out our businesses today. It’s just one of the beauties of the information age and for this, most of us cannot but thank modern communication technology for the opportunity to work and connect with the whole wide world!

But, think about this…

Is technology really a blessing to your business or you have become so obsessed with it that it has become a curse?

Have you become so engrossed and mesmerized by the tools of information technology that you have quickly forgotten why you bought them in the first place?

Have you forgotten that those tools were to leverage your time and help grow your business?

It’s really unfortunate that many online business entrepreneurs unintentionally have allowed modern technology gadgets and tools to suck the time out of their lives and add needless overhead to their businesses.

As a fellow web entrepreneur interested in your business success, I want to use this article to give you some basic tips on how you can truly make modern day technology a blessing in your online business. My desire is to ensure that you make every cent you will ever spend on your business count. Of course, this may not agree with many but that doesn’t really matter as long as you are able to gain with it. And so, I invite you to read this article all through.

A Japanese and a Texan story

The Story of the Japanese and the Texan

I don’t know if you have heard this story before, but I must say it is one that has a lot of lessons for us as regards what we want to discuss in this article. The story is about a Japanese man and a Texan who were passing through customs at an airport. The Japanese man was said to have with him two large suitcases and the Texan wanting to play the Good Samaritan, offered to help the Japanese move the suitcases toward the customs officers. Just as he was doing this, the Japanese man’s wristwatch started beeping and the man listened to the message and talked through a miniature speaker on the telephone in the wristwatch.

The Texan was amazed and right there offered to purchase the watch for $5,000. But the Japanese declined, saying the watch was not for sale.

The Texan now more interested in the Japanese man continued helping the man to push his heavy bags forward. A few seconds later the watch beeped again and this time the Japanese man opened the watch to receive an email message and then replied same using a small computer contained in the watch. The Texan, awestruck, again offered to purchase the watch but this time for $25,000.

“The watch is not for sale,” the Japanese man again replied.

Now, the Texan could not take the thought of the watch from his mind. To him that wristwatch is just want he wanted right now! And, then as he again helped push the enormous bags forward the watch beeped a third time. This time a long fax came out. The Texan, now more determined to own that watch, offered to purchase it for $300,000.

At this, the Japanese man turned to him and asked if he had the money there. The Texan quickly and eagerly wrote out a check for him. The Japanese man processed the check on the watch and then transferred the money into his Swiss bank account. After this, he took off the watch and handed it to the Texan and walked away.

As he was walking away the Texan realized that the Japanese man had left the enormous bags behind. Turning around he called out to him, “you’re forgetting your bags.”

“Those are not my bags,” the Japanese man shouted back. “They’re the batteries for your watch!”

Lol!

Alright, so how does this story relate to what I want to discuss with you here?

In many ways! Actually the moral of the story is that the Texan got caught on the wrong side of information technology! And so, my point here is that you should be careful that you don’t fall into the same trap.

To help you avoid this trap here a few tips on how you can make technology to work maximally for your online business.

building a successful online business

1. Don’t Invest Your Time Or Money Except If It Adds Value

Every day new and enticing tools and software are being pushed into the market. You must beware that you’re not drawn by them. If you allow yourself to be obsessed or mesmerized, you will end up with gadgets that are nothing but fanciful toys.

Before investing your resources in any tool of technology, ask yourself if it will increase sales, help lower overhead or help in your business effectiveness. If any gadget fails in any of these areas then do not invest your time or money in it.

2. Do Not Become A Slave Of Technology

Many online entrepreneurs have allowed themselves to become slaves of online tools. I’m sure you are very much aware of the distractions we all face every day on the net. Online media, online games, online chatting etc, have become an obsession for many.

As an entrepreneur, you must understand that your time is valuable. You must therefore learn to master these tools so that they do not sabotage your productivity. If possible find ways of automating the use of these tools.

3. Use Inexpensive But Smart Tools Whenever Possible

Why rush to get any technological tool or gadget that hit the market? Do not be deceived, that tool may be the latest right now but with the rate these tools are being turned out, that latest gadget may just be obsolete even before you learn to enjoy its full potentials.

The solution? Decide on what you want done in your business and then go for the tools that will help you with that. The good thing is that there are smart tools that you can pick up online that will help you save both money and time and possibly increase your effectiveness.

4. If You Must Buy It Then Use It To The Fullest

This flows from #3 above. One thing that is clear is that most technological gadgets today can actually perform a whole lot of things. If you must invest your money and time on any of these, then learn to use it to the fullest. There are a hundred and one places online where you can learn about using these tools. There are free tutorials you can access online. Also blogs like the Technology Bloggers, can be of great help.

5. Don’t Get It Before You Need It

As an internet marketer I think I’m progressing in error here but I think your success as an entrepreneur is more important to me than any form of monetary gain.

If you’re subscribed to internet marketing newsletters or you spend a considerable time surfing the net, you will understand that every day new tools and “push button” software are being pushed at us left, right and center by smart internet marketers.

If you’re not focused, you’ll be tempted to believe that if you don’t own that latest tool or software, the world will just be passing you by!

But instead of falling into this trap, ask yourself if you indeed need that tool right now. If not don’t go for it. When you truly do need it, the right tool, and maybe something better, will be available for you!

Conclusion

In a rapidly changing world, technology is essential to effectively compete as a business however, not every tool of technology is worth your time. Spending your time and finance on technology for its sake, will end up as a curse instead of a blessing. Be disciplined and master your use of online tools and gadgets if you want your business to greatly benefit with the latest push button technology.

Over to You: Have you ever invested in a tool or gadget that you later regretted? Are you an online entrepreneur? How are you maximizing your use of technology for your online business? Share your experience with us in the comments below.

Is remote working the future for business?

7 Replies Christopher Roberts

In previous articles I have talked about how technology and business interact, and what the future of technology might hold for the world of business. In this article I am going to explore the idea that in the future, almost all business will be conducted remotely.

The number of people who permanently work at home in the UK, (known as teleworking) was estimated to be 1.3 million in 2010. The working population of the UK at the same time is believed to be around 30 million, therefore around 4.5% of the UK’s population (in 2010) were teleworkers. That said, is is estimated at the same time that 3.7 million UK workers sometimes worked from home, and sometimes went into their place of work. That means that of the working population, around 12.5% were, at some point, working remotely.

The figures are similar for the USA, and other developed nations. More and more firms around the world, are offering their employees the opportunity of working from home, but why?

Cost Advantages

Many people do not realise it, but it is often much cheaper to give employees access to the technology they need to work at home, than it is is to provide them with a workstation in an office unit. Yes that might mean you need to buy every employee a laptop, printer and make sure they have an internet connection, however that is often much cheaper than maintaining a workstation, in a fixed location.

If employees work in an office, then the firm either has to purchase or rent the premises – this can be very costly. Furthermore, an (often very expensive) IT mainframe system needs to be in place, to ensure that the entire building is connected internally, and with the outside world – including offices in other locations. Most employees will need a computer to work at, so why not buy them a laptop, give them their own printer, make sure they are internet connected, and tell them to work from home? It is often much cheaper.

Technological Advancements

Improvements in technology mean that working from home is more viable than ever before. Thanks to online storage systems, which allow simple, easy and effective file sharing among workers, employees are able to connect with each other, and share data from almost anywhere in the world. Outsourcing such tasks is often a much cheaper option for firms, than maintaining their own expensive IT infrastructure.

Advancements in communication technologies have also improved the viability of teleworking. I have previously wrote about QB Robots, robots which are effectively your eyes and ears in the office, which you can remotely control, whilst you are not in the office. These sort of devices mean that you can still connect with other workers, almost as if you were there in the room with them.

Anybots QB Robot

The head of one of Anybots QB robots – notice the webcam eyes and screen inbuilt into the head – such robots can improve the potential for remote working

You don’t necessarily need a QB robot to stay in communication with others though. Technologies like webcams, and VoIP mean that it is really easy to stay in contact, and in the loop, so you are just as up to date, as you would be, were you in the office.

Service Improvement Through Better Access

Technology has made it easier to work remotely, and it is often cheaper, but another advantage of teleworking, and a reason which I believe will be one which causes further growth in the industry, is the improvements in accessibility that teleworking offers.

In his recent article ‘Five changes in video conferencing for the next decade‘ Rashed wrote about how improvements in connectivity could improve the prospects for services like telemedicine. Being able to connect to people remotely, means that those who live/work in more remote areas, are more likely to be able to become connected.

Improvements in Productivity

Many studies have shown that working from home can actually boost productivity and reduce the time employees take off ill.

British Telecom claims that its teleworkers save it an average of £6,000 per year (per worker) due to the reduction in the costs of having to provide a workstation, the reduction in commuting costs, and through the increases in productivity. BT claims that its teleworkers are 20% more productive and take fewer sick days. This is probably due to the reduced stress associated with working at home, due to employees not needing to deal with the hassles of commuting, and the occasional hassles presented by co-workers, arguments and misunderstandings can cause stress!

In addition to this, the less time employees spend commuting, the more time they have to themselves, and the more time they can spend working. Say an employee spends an hour and a half commuting each day (two 45 minute journeys) then they could spend an  get an extra 45 minutes working, and get an extra 45 minutes to themselves.

In Summary

To conclude, working remotely is often a much cheaper option for both firms and employees, it has been made more viable thanks to technological improvements, it can improve the services that a firm can offer, and also improve the productivity of the workforce. These are some of the reasons, why I believe teleworking will become much more common in the future.

3D printing – a revolution on the horizon?

18 Replies Christopher Roberts

What an achievement, this is my (Christopher Roberts’s) 100th post on Technology Bloggers!

Thank you everyone for your support, I love writing here, and that is because of the fantastic community we have created 🙂

3D printers have been around for around 20 years now, however it is only recently that they have really started to show their true potential, both in industrial and now even domestic settings.

Thanks to the recent advancements in 3D printing, CAD designs can be constructed into physical prototypes (and in some cases now even final products) by 3D printers. 3D printers have the potential to revolutionise the way we live our lives, due the variety of possibilities they unlock. 3D printing could revolutionise architecture, product design, industry, education, and so much more!

What exactly is 3D printing?

Most people have access to a normal printer, be it black and white or colour, ink jet or laser. Those sorts of printers however, only work in 2 dimensions, they can print content in the dimension that is left to right, and the dimension that is forward to back. 3D printing adds in another dimension, up and down. Therefore 3D printing means that you can print in height, length and breadth.

Why is 3D printing important?

Some critics have speculated that 3D printing will be as big, if not a bigger revolution to industry, and the way we live our lives, than the internet was. The internet has opened up so many opportunities, but it is believed that 3D printing, could possibly open up even more!

For architects, it will mean that within minutes, they will be able to print on screen prototypes of buildings, so they have a tangible product to show the customer, in virtually no time at all!

For retail, 3D printing could mean that shops hold no stock, and products (less complex ones at first, but branching out in the future) could be made to order, on site! No longer would shops be out of stock, so long as they have material to print on, they can make new products, there and then.

For healthcare, the new printing capabilities will mean that body part replacements can be accurately measured, designed, and then printed. Yeah, printed bones! Just last month, it was publicised that the first 3D printed jaw had transplanted onto the face of a woman from the Netherlands. The jaw was matched to the shape of the patient’s original jaw, using CAD modelling, and then layers of titanium powder were melted into shape by the powerful lasers that make up the 3D printer.

How do 3D printers work?

Different 3D printers work in different ways. Some work by building the object slowly, layer upon layer in an upwards direction, whilst others work by cutting down into a material. The titanium jaw example from above was built by building upwards creating layers upon layers of material, from titanium powder fused together by laser.

What materials can be ‘printed’ on?

Currently you can ‘print’ on plastics, metals, ceramics, glass, and even certain malleable foods (such as sugars and chocolate). In the future that selection of materials is likely to be expanded, and some even believe that we could grow human bone, and then 3D print replacements – that is still a way off at the moment though!

Could you get a 3D printer?

Many firms are looking to capitalise on the decreasing cost of 3D printers, so much so that some companies are now offering (simpler) domestic versions for home use!

One firm selling 3D printers to the domestic market is the New York company MakerBot. Makerbot are offering a basic 3D printer, which can create plasic objects using CAD software, for $1,749 (around £1,100).

MakerBot's 3D PrinterIn an interview with the BBC, MakerBot’s chief executive Bre Pettis, claimed that the printer is “a machine that makes you anything you need” which is “handy in an apocalypse or just handy for making shower curtain rings and bathtub plugs.”

Mr Pettis also said he hoped to get his printers “into the hands of the next generation because kids these days are going to have to learn digital design so they can solve the problems of tomorrow”.

Another company, (called 3D systems) is offering its ‘Cube’ 3D printers at a similar price to Makerbot, marketing it as a tool to express your creativity. The company is currently working on an app that will allow users to use the Microsoft’s Kinect motion sensor to create objects, simply by moving their hands through the air!

3D Systems 3D printer - Cube

Some of 3D Systems ‘Cube’ printers, prining 3D objects

3D printing is bringing to the global market a fast and increasingly affordable way of turning ideas into reality. No longer will the joys of flexible design be limited to those with CAD jobs and the luxury of a prototype department. There is now a big incentive for people to learn CAD techniques and how to use CAD software. Many countries are now investing in 3D printing technologies, as they can see the potential; IT jobs in the UK and abroad are likely to see big benefits from this.

3D printing is real, and it is here.

So, what do you think about 3D printing, will it revolutionise the way we live our lives – even as much as the internet did? Or do you think that it is a waste of resources, and that it will never really be cost effective enough to be used on a mass scale?