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Showing posts from September, 2018

Millionaire Selling Pudding

http://motivatinginspiring.blogspot.com/2018/08/millionaire-selling-pudding.html?m=1 According to Entrepreneur Philippines, former Dubai-based expat Princess San Diego ventured into 14 different businesses before she found success selling leche flan (caramel pudding). Before that, she tried selling barbecue, opening a restaurant and even selling gadgets online. Despite her best efforts, those ventures failed. What was to become her most profitable venture came when she least expected it. While in her kitchen, she experimented with mixing Japanese matcha (green tea) into leche flan. The result was a dish that went viral after she shared the creation online. She then started to receive inquiries about the dish and it was in that moment where she decided that this would be her next business venture.

Six Sigma

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Six Sigma (6σ) is a set of techniques and tools for process improvement. It was introduced by engineer Bill Smith while working at Motorola in 1986. Jack Welch made it central to his business strategy at General Electric in 1995. Six Sigma strategies seek to improve the quality of the output of a process by identifying and removing the causes of defects and minimizing variability in manufacturing and business processes. It uses a set of quality management methods, mainly empirical, statistical methods, and creates a special infrastructure of people within the organization who are experts in these methods. Each Six Sigma project carried out within an organization follows a defined sequence of steps and has specific value targets, for example: reduce process cycle time, reduce pollution, reduce costs, increase customer satisfaction, and increase profits. The term Six Sigma (capitalized because it was written that way when registered as a Motorola trademark on December 28, 1993) ...