Category: Business Services

Business Leaders That Contribute their Success to Meditation

Article written by Zhang Xinyue.

Meditation can help relieve stress and increase productivity. Here is a list of some CEOs that are well known who have used meditation techniques:

Pat Flynn
Pat Flynn, known as an online entrepreneur, who makes six figures net profit every month.In an interview, he explained at the beginning he was skeptical of meditation. But he then decided to try it out and learned how much it was able to help him manage an overwhelming amount of tasks and responsibilities.

Jeff Weiner
Weiner, the former executive of Yahoo, and currently know better as the current CEO of LinkedIn. In his schedule, he usually likes to take time out of his schedule to practice meditation. In an interview, Weiner said that this gives him time to think and improve his empathy and compassion, positively impacting his productivity.

Ariana Huffington

Most known for being the Huffington Post CEO, Ariana Huffington, has practiced meditation since she was a teenager. She is a very vocal advocate of meditation, even saying that it is has played a massive role in her success.

One of the best quotes about mindfulness comes from the CEO herself: “Meditation is not about stopping thoughts, but recognizing that we are more than our thoughts and our feelings.”

Ray Dalio
Ray Dalio who is a billionaire hedge fund manager, said very similar things to how practicing meditation impacts his work productivity, which he believes meditation is crucial to making right investment decisions in financial markets.

The great spiritualist leader, Teacher Zhang Xinyue, was born and grew up in China. Zhang Xinyue is an internationally renowned body-mind-spirit tutor, a spiritual therapist, and author of the book Create Abundance 创造丰盛.  Since the year 1999, she has devoted more than 15 years of her time to studying and practicing body-mind-spirit cultivation. Check out Zhang Xinyue on twitter.

Why Digital Wallets Are the Future of Payment

Article by Total Merchants.
Summary: The rise of digital wallets has provided consumers with a trusted alternate payment method.
 

Since their birth, digital wallets have exponentially worked there way into becoming a global trend, as well as one of the most convenient ways to pay for goods or services.

What are Digital Wallets?

First of all, if you’re unfamiliar with digital wallets, they are essentially software-engineered platforms that assist in the transfer of money from one account to another – usually vendor or a retailer. They are typically used to pay for goods or services from anywhere in the world and allow for much more flexibility than traditional payment methods. And, with the rise of smartphone usage, expect there to be a substantial rise in digital wallets over wireless credit card processing methods in the future.

High-Tech Security Measures – Slow to Develop or Quick to Act?

With the implementation of microchips on credit cards and debit cards, high-tech security measures are being adopted to prevent thieves and criminals from stealing personal information. However, they also take a notable amount of time for the transaction to complete due to this security wall. This slowdown effectively hurts businesses and consumers in the long run, which is why  merchant account providers are becoming more favorable for retailers.

Digital wallets on the other hand, utilize Near Field Communication (NFC), which transfers data using a wireless protocol. Additionally, smartphones are now capable of storing passwords via fingerprint, making the transaction run much smoother and quicker – without compromising security.

Owning a digital wallet comes with a plethora of benefits. For one, you can link the digital wallet to other bank accounts to provide you with a wide array of payment options without having to use a checkbook. You can also designate this as your primary payment method if you prefer.

When it comes to financial technology, digital wallets have taken a giant leap towards becoming the preferred payment method of the future. And, it’s only a matter of time before they start replacing other methods due to their enhanced security, encryption and smartphone capability, and versatility.

Understanding Digital Signage in Video Wall Displays

Summary: There are various technical aspects that play a diverse role in today’s video wall designs.

Technology has come extremely far in terms of providing versatile equipment for organizations and companies. One of the focal points, literally and figuratively, is video walls. These visual wonders are can be built in nearly any size or configuration that you can imagine.

The Intriguing Designs of Video Walls

Most video wall designs are built around a rectangular structure and comprised of LCD or LED screens. However, a growing number of uniquely-shaped video walls are now emerging in all types of command centers. Beyond these screens, each project will require a video wall processor, which functions by directing the content to the right screens at the appropriate time to display a variety of images and videos.

Video wall processors are available at a variety of different price points, all with versatile feature sets. It’s important that when you purchase a video wall to complement your command center desks that you opt for a processor that can handle a wide variety of screens in each installation.

Bezel Width

One of the biggest considerations with video walls these days is bezel width, which in layman’s terms means the width of each display frame. Most modern video wall displays have narrow bezels, which create a smaller gap between the areas of display. This results in a more fluid and seamless video wall display. Furthermore, the content for these video walls is much different than that of smaller-scale digital signage. It’s important that you take the large scale into account when designing video, text and audio.

When to outsource EDI

For a business that is part of a supply chain moving to an EDI system is fast becoming essential. A lot of companies implement EDI due to an upstream requirement from a customer or vendor. However, it is then that they understand the massive benefits to the organization and the vastly increased potential for leveraging EDI to grow. For organizations that have not yet thought about migrating to an EDI system, there are two choices: purchase EDI software for use in-house or outsourced to an EDI service bureau.

Outsource

The main benefits of using an outsourced EDI service bureau from an organization is cost. Outsourcing the use of the software will save you the upfront capital costs. While you could end up paying more in the long run, there is an inflection point at which you can decide to move the operation in-house.

Purchase

To justify the large capital expenditure for an in-house EDI implementation, you will need to consider to volume and type of activity. An organization with a lot of trading partners and a large volume of transactions will see financial benefits from purchasing EDI software. The process is costly because you will need to make the EDI software and your legacy systems work together.

Transition

It is difficult to determine an exact point that it makes sense to transition from a service bureau to an in-house system. However, as a general rule, if you have a 100 trading partners and thousands of transactions a week, it makes sense to purchase the software.