Category: Startups & Ventures

Sharpen Your Ax

Sharpen Your Ax

Expand Your Skills to Succeed

If you want to succeed in life, your education cannot end when you graduate. All leaders are learners, and you need to continue learning the rest of your life. Because the moment you stop growing, your contribution to your company stops growing also.

Ecclesiastes 10:10 says, “If the ax is dull and its edge unsharpened, more strength is needed, but skill will bring success.” (NIV) It’s important to work smarter, to sharpen your ax. You waste less time when you do this.

How do you sharpen your ax? By filling your head with learning – read a book, listen to a seminar, take a class, attend church. If you keep learning, then God can continue to expand your horizons.

“Do yourself a favor and learn all you can; then remember what you learn and you will prosper.” (Proverbs 19:8 TEV) The solution to most of life’s problems is training. So learn all you can.

That’s why I encourage my congregation to take notes during my sermons. Did you know that if you don’t, then within 72 hours you’ll forget 95 percent of what you hear? So you may look real spiritual, but you’re not real bright.

Learn all you can and remember what you learn and watch how God blesses your work.

RW, Daily Devotion

What is SCA?

Strong Customer Authentication (SCA)* is a regulation that requires merchants to use multiple methods of verifying a customer’s identity. To comply with new requirements and make sure your sales don’t take an unnecessary hit, you need to lay the groundwork.

Merchants accepting online payments need to use two independent authentication methods to verify that a customer is who they say they are.

SCA allows for three different authentication methods — something the customer knows, something the customer has, and something the customer is. To succeed, a transaction needs to use two of the three.

What does that mean in practice?

  • Asking for a piece of information only the customer knows — their password or the answer to a security question.
  • Sending verifying information to something the customer controls — a hardware token or a push notification on their phone.
  • Using a physical identifier unique to the customer — a fingerprint or Face ID.

What do I need to do to prepare?

Most payment gateways use 3D Secure 2 – an update to the 3D Secure system – as their main method of complying with SCA. During checkout, the payment gateway prompts the customer to provide the additional authentication elements, and the order is only completed once they do that successfully.

Does SCA apply to merchants outside of the European Economic Area?

Yes. SCA applies when the acquiring bank or processor is in the European Economic Area (EEA) and the customer’s payment instrument is issued in the EEA. The EEA includes all European Union member states as well as Iceland, Liechtenstein, and Norway. The location of the merchant does not matter.
What’s different on/after September 14, 2019?

The requirement for SCA took effect on September 14, 2019. Many regulators in the EEA have granted banks in their respective countries additional time to implement and require SCA. Although this has taken some pressure off, merchants are still advised to update to SCA-ready payment methods as they become available.

If your online store’s payment gateway has an EEA presence but is not SCA ready, declines for EEA-issued payment methods can be expected to gradually increase over the year ahead.

Are any transactions exempt?

Yes. Transactions below € 30 will usually not require SCA. However, SCA will be required after five exempt transactions or if the total amount spent by the customer exceeds € 100.
What about subscriptions?

SCA applies to subscriptions, too. On and after September 14, 2019, your customers need to authenticate the first payment on their subscription. Exemptions are granted for recurring charges in many cases, including those that began before September 14, though it is the customer’s bank that determines whether to require SCA or accept the exemption.

What Payment Gateways offered by WooCommerce.com are SCA ready? **

Stripe
Amazon Pay
Global Payments Gateway (formerly Realex)
PayPal powered by Braintree
Sage Pay
Sofort
Klarna Payments
Klarna Checkout

What about Payment Gateways offered by others?

Please contact your payment gateway’s developer directly to inquire about SCA readiness.

*Note that this article should not be considered legal advice. Should you have questions or concerns about how your business is impacted by regulations and laws, we strongly recommend consulting with a legal professional.

**This post will be updated as Strong Customer Authentication (SCA) support is extended to additional Payment Gateway Extensions. If you have any questions, feel free to contact WooCommerce.com Support.

To Learn More,

Introducing Strong Customer Authentication (SCA)

Sensitive Personal Data Protection

SECRETIZE DIGITAL ASSETS

– CONSUMER PRIVACY DATA
– DATA BREACH PROTECTION
– CORPORATE DIGITAL ASSETS

New and Innovative Way of

PERSONAL

DATA PROTECTION

“SECRETIZE” is a new way of consumer privacy and data breach protection for

  • Sensitive Personal Data
  • Customer Privacy Regulations
  • Corporate Digital Asset
  • Confidential Documents
  • Photos, Images and Media
  • Emails, Messages and Multimedia
  • Smartphone Data Breach Protection
  • And much more
[ultimatemember form_id=”35949″]

WHOLESOY-BEANERY

[embeddoc url=”https://ckalist.sigmaclub.org/wp-content/uploads/2019/10/WHOLE-SOY_d1-1.pdf” download=”all”]

INQUIRY

Embio

Embio

EXOTIC MATTERS BIOSCIENCES

 

EXOTIC LEAD BIO-COMPOUNDS

REJUVENATE THE DAMAGE.

ACCELERATE R&D THROUGH PATENTED TARGET SPECIFIC DRUG SCREENING AND TRACKING INTERACTION 

DISRUPTIVE TECHNOLOGY

AND BREAKTHROUGH ARE RESULTS OF DIVERSITY AND INCLUSION

& CURIOUS, CREATIVE & NIMBLE MINDS.

RECOVERY

FROM “STROKE”

  • PREVENT | REVERSE STRESS-INDUCED CARDIOMYOCYTE HYPERTROPHY
  • PROTECT CARDIO MUSCLE CELL AFTER STROKE
  • EXOTIC LEAD COMPOUNDS REDUCE THE SIZE OF DAMAGED AREA AND PRESERVE ITS FUNCTION

PREVENT

NEURON DEATH

  • NEURON LOSS IS THE MAJOR PATHOGENESIS OF ALZEHEIMER & DEMENTIA
  • PREVENT NEURON DEATH INDUCED BY TOXIC Aβ PEPTIDES
  • EXOTIC CELLULAR COMPOUNDS DELAY THE DEGENERATIVE SYMPTOMS AND EXTEND THE LIFE SPAN

REJUVENATE

THE CELL CONDITION

  • STEATOSIS, FATTY LIVER, AFFECTS MILLIONS OF AMERICANS
  • OFTEN CAUSE SCARRING (CIRRHOSIS), LIVER CANCER OR LIVER FAILURE
  • EXOTIC LEAD COMPOUNDS REJUVENATE THE FATTY LIVER CELL CONDITION

Key Disciplines Every Startup Should Know

Transformation

Begins By Transforming The Way You Think.

“We are standing on the brink of an unprecedented revolution in the New Digital Economy, driven by innovation and technologies. We address what it means and how to respond with essential skills and key disciplines for the 21st century.”

 

Your Thoughts

Shape Your Life.

How and What You Think Run Your Life!

What Makes Innovators Different?

Creative Intelligence.

The Ability To Innovate Is
The Secret Sauce to Success.

12 Essential Discplines

Every Startup Entrepreneur Should Know

01

Defining Moments

Key Components of Business Model and Management

Learn and practice with business model canvas and case studies

 

02

Foundation

How to Chart a Strategic Direction with Vision, Mission and Core Values?

 

Setting the foundation of an organization, strategic direction with measurable goals and objectives and mission statement.

03

Management

Essential Management Skills,
Key Areas of Responsibilities & Strategy Making Hierarchy

Essential Skills of Managers: Capital Budgeting, Communication, Decision Making, Information and Technology Literacy, Measurement and Control and People Decision.

04

Strategy

What Is A Winning Strategy?  How To Measure and Evaluate Key Components of A Winning Strategy?

05

Analytical Frameworks

How to Evaluate External Environment & Internal Resources with Analytical Frameworks?

PESTEL analysis, Five Forces, Value Chain Analysis, Competitive Analysis, VRIO and financial analysis…

06

Pitch Deck

How to Prepare A Winning Pitch Deck? Key Components of Pitch Deck Fundamentals for Fund-raising.

 

07

Organization

How to Analyze and Strengthen Organization’s Resources and Capabilities?

 

08

Entrepreneur

 

How to Create An Innovative Organization Under Uncertainty and Entrepreneurship?

 

09

Innovation

 

How to Cultivate the Culture and Spirit of Innovation?
What Makes Innovator Different? 

 

10

Business Intelligence

 

How to Enable Faster and Sophisticated Data Analytics For Business Intelligence?

 

11

Data Science for Business

 

The Era of Big Data and Artificial Intelligence. How Data Science Changes Our Business?

 

12

Strategy
Simulation

 

Practice Global Strategy with Simulated Game Frameworks and Group Case Studies 

Essential Skills & Disciplines for the 21st century

Equip students, educators, entrepreneurs with three areas of essential disciplines for the New Digital Economy in the 21st century:

  • innovative thinking,
  • information and technology skills, and
  • social and career productivity skills.

New Economy is a shift from a manufacturing and commodity-based economy to one that utilizes innovation and technology to create new products and services and social values as the driving force of economic growth.

L-P-G process

  • Learn essential skills and key business disciplines to cultivate the spirit of Innovation
  • Practice and refine innovation through business ventures
  • Grow Innovation by connecting the Dots of innovation networks and startup communities.

Practice The Innovation through ventures

Business ventures or startups are not a small business or a smaller version of a large company.

It is a temporary form of strategic organization designed to search for a sustainable business model by testing, discarding and evolving new ideas, methods, processes or products by reflecting feedback from customers for the value it creates.

Innovation, Venture & Entrepreneurship

  • Innovation can be defined as the action or process that introduces something new, a new idea, method, or device.
  • Venture is defined as a risky or daring journey or a business undertaking involving risk
  • Innovation and venture are often combined together through entrepreneurship as a business venture or a startup to explore three types of business innovation, such as product, process, or a new business model.