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Egypt-based Fintech Munify Secures $3M Seed Funding to Transform Cross-Border Finance for Egyptians

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Egyptian fintech startup Munify has raised $3 million in seed funding, led by Y Combinator, with participation from BYLD, Digital Currency Group (DCG), and other strategic investors.

The fresh capital will fuel the company’s expansion into new markets, bolster regulatory and banking partnerships, and scale its engineering and compliance teams.

Commenting on the round, Munify founder and CEO Khalid Ashmawy said,

Remittance flows are one of the most critical financial lifelines for Egypt, yet millions still face costly, slow, and fragmented services. We’re building the infrastructure to make global banking and payments radically more accessible for Egyptians, wherever they live.

Founded in 2024 by Khalid Ashmawy, Munify is redefining how Egyptians abroad and businesses manage money across borders. The fintech is the cross-border Neobank for the Middle East and its diaspora.

With services already available in the U.S., U.K., Europe, and the GCC, the platform targets freelancers, SMEs, and Egyptians overseas, many of whom struggle with high remittance costs, delayed settlements, and rigid payout options.

As more Egyptians turn to freelancing and remote work through platforms like Upwork and Fiverr, reliable cross-border payment solutions are becoming essential.

Traditional ways of receiving USD into Egypt are full of obstacles. Bank transfers can take days (or weeks) and often come with hidden fees. Many platforms force freelancers into rigid payout methods that consume much of their earnings. And in some cases, accounts can even be frozen for unclear “safety” reasons.

Munify ensures that workers and entrepreneurs keep more of their earnings while avoiding the friction of traditional banking systems. The fintech makes this process seamless.

With a USD account and virtual cards in one app, Egyptians can:

  • Receive USD directly from clients and platforms.
  • Use virtual cards to shop online or pay for services instantly.
  • Send funds home or withdraw when needed, without losing money to unnecessary fees.

For remote workers, it means less stress about how payments will arrive.

Notably, in today’s interconnected world, businesses are increasingly global-serving customers, hiring talent, and managing suppliers across multiple countries. However, this global reach brings significant complexity, especially when dealing with multiple currencies.

Traditional banks often require businesses to open separate accounts in each country, leading to high fees, poor exchange rates, and administrative headaches. Currency conversion delays and the lack of transparency in international transfers can erode profits and slow down business operations.

Munify’s multi-currency accounts are designed to solve these challenges by offering a single dashboard to manage balances in USD, EUR, GBP, and more. This streamlined infrastructure gives businesses greater control, flexibility, and clarity over their global finances, reducing the need for multiple bank relationships and simplifying cross-border operations.

By integrating multi-currency accounts with tools like invoicing and payouts, Munify eliminates the need for businesses to open separate bank accounts in each country. This reduces costs, streamlines operations, and provides flexibility for companies managing global suppliers, employees, and customers.

Looking Ahead

With its mission to simplify money movement and empower financial independence, Munify is positioning itself as the leading embedded finance platform in the MENA region.

By merging secure, innovative, and scalable financial solutions, the startup aims to unlock new growth opportunities for both individuals and enterprises in an increasingly interconnected economy.

Accelerate Business Growth Through Practical Executive AI Learning

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AI strategy development now ranks fourth among skills that will grow most in importance over the next five years, according to global employers surveyed by the Graduate Management Admission Council. This shift is why we’re seeing prestigious institutions like Harvard Business School introducing mandatory AI courses for MBA students.

In fact, 74% of employers believe AI and machine learning are essential skills for business school graduates. As business leaders, we need to recognize that AI is fundamentally rewiring how companies operate and compete. Consequently, understanding practical applications of AI has become critical for executives across all industries.

Throughout this article, we’ll explore the most effective ai business courses designed specifically for senior leaders, including the highly regarded AI for Senior Executives program like Tekedia AI  in Business Masterclass. Additionally, we’ll examine how these ai strategy courses equip you with tools like office 2024 to evaluate AI opportunities, manage risks, and align technology with your business objectives.

Why Executive AI Learning Matters Today

Nearly 87% of CEOs agree that AI’s benefits outweigh its risks, with AI-advanced companies achieving 1.5 times higher revenue growth over the past three years. However, this technological wave demands more than just awareness from business leaders—it requires active engagement and strategic understanding.

AI as a business growth driver

McKinsey research sizes the long-term AI opportunity at $4.40 trillion in added productivity growth potential from corporate use cases. This isn’t mere speculation—companies with the greatest AI maturity have been growing 3 percentage points more (or 4.7x) year over year than companies with the least maturity. Furthermore, businesses that effectively adopt AI have delivered top-line performance 15% more than their peers—a figure expected to more than double by 2026.

The evidence is compelling: organizations with differentiated AI strategies experienced a 3x increase in total shareholder return over a 5-year period. Despite these potential gains, many executives continue viewing AI narrowly as a cost-cutting tool rather than their biggest competitive advantage for the coming decade.

The leadership gap in AI understanding

Surprisingly, while 92% of companies plan to increase their AI investments over the next three years, only 1% call themselves “mature” in AI deployment. This disconnect reveals a critical leadership gap—74% of organizations today struggle to achieve and scale the value of AI adoption.

The primary challenges aren’t technological. Boston Consulting Group reports that nearly 70% of AI implementation challenges stem from people and process-related issues, compared to only 20% attributed to technology. Meanwhile, only 48% of midlevel leaders believe their creativity and ingenuity are effectively leveraged for transformation efforts.

Why traditional MBAs are not enough

Traditional MBA programs, though valuable, often use outdated models designed for a past era. They typically teach corporate finance, organizational behavior, and strategy frameworks without preparing leaders for an AI-powered economy.

As Microsoft CEO Satya Nadella notes, AI is reshaping leadership, strategy, and how businesses create value. Modern leaders must:

  • Use AI to drive innovation
  • Lead teams focusing on products
  • Make real-time, data-driven decisions
  • Manage digital changes enhancing customer experience

The World Economic Forum underscores this evolution, noting that 50% of employees will need reskilling by 2025 as technology adoption accelerates. Given these realities, executive AI education has become essential for business growth and competitive advantage.

Top Executive AI Programs That Deliver Results

Leading business schools have created specialized ai strategy courses that balance technical knowledge with practical business applications. Let’s examine five programs that consistently deliver measurable business impact for executives.

Tekedia AI in Business Masterclass: AI for Innovating Executives

The Tekedia AI in Business Masterclass is an 8-week, self-paced program designed to equip business leaders and professionals with the knowledge and confidence needed to integrate artificial intelligence into their organizations. Coordinated by Prof. Ndubuisi Ekekwe, the course explores how AI is reshaping economies, markets, and businesses.

The curriculum is structured to be accessible to both non-techies and those with some technical background. Key topics include foundational AI concepts, the use of generative AI tools like ChatGPT and Gemini for productivity, developing a winning AI product strategy, and implementing AI effectively within a company. The program also covers future trends and career opportunities in the field.

Priced at $400, the masterclass includes hands-on practical assignments (labs) and one-on-one Zoom sessions with faculty. Upon completion, participants receive a certificate, gaining the skills to leverage AI for business transformation and career advancement.

MIT xPRO: AI for Senior Executives

This six-to-seven-month program from MIT xPRO equips senior leaders to identify and implement AI solutions aligned with organizational goals. Taught by faculty from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL), the curriculum helps executives strategically harness AI tools to improve efficiencies, cut costs, provide customer insights, and generate new product ideas. Notably, the program combines five days of in-person sessions on MIT’s campus with 16 weeks of online learning, creating a balanced approach for busy executives.

Wharton: AI and Analytics Leadership

Wharton’s six-month Leadership Program in AI and Analytics prepares non-technical senior executives to leverage AI ethically and effectively. The program explores how to analyze past business performances, forecast future trends, and inform strategic decisions using AI. Participants develop a detailed strategy for integrating AI solutions within their organizations through a comprehensive capstone project. The curriculum essentially bridges technical AI concepts with strategic business applications.

Kellogg: AI and Digital Transformation

The seven-month Senior Management Program in AI and Digital Transformation from Kellogg equips leaders to develop AI-first strategies. Primarily delivered through asynchronous learning, required in-person modules, and live faculty engagement, the program builds fluency in driving sustainable digital transformation. Participants learn to utilize tools like the AI Canvas 2.0, kmspico download and AI Capability Maturity Model to assess organizational AI readiness.

Cambridge: Responsible AI Strategy

Cambridge’s AI Leadership Programme equips senior professionals with strategic insights and practical knowledge for business transformation. The curriculum covers machine learning, generative AI, and cloud computing, enabling leaders to align AI with organizational goals. Moreover, participants develop custom AI strategies while navigating AI governance, ethics, and global regulations.

Oxford: AI-Driven Business Transformation

Oxford’s five-month online program helps executives move from AI ideation to real-world application. Above all, it draws content from three leading Oxford Saïd programs to support developing AI strategies that deliver sustainable competitive advantage. The curriculum includes rich global case studies and a capstone project translating learning into tailored organizational strategy.

What Makes These Programs Practical and Impactful

The elite executive AI programs stand out through their practical, hands-on approach to learning. Unlike theoretical courses, these programs emphasize real-world application and measurable business impact.

Capstone projects and real-world case studies

Executive AI programs incorporate capstone projects that result in tangible AI roadmaps customized to participants’ organizations. These projects translate academic concepts into actionable business strategies, guided by faculty and dedicated cohort success coaches. For instance, real-world case studies from organizations like Chartis Research showcase how AI chatbots enhance research data access, while Preverity demonstrates predictive modeling for healthcare risk assessment.

Hands-on tools like ChatGPT and LLMs

Participants gain practical exposure to cutting-edge tools through:

  • Generative AI models like ChatGPT, Claude, and Gemini
  • Technical frameworks including TensorFlow, Keras, and Hugging Face
  • Development platforms such as LangChain, ChromaDB, and Streamlit

This hands-on experience enables executives to understand AI capabilities firsthand rather than through abstract concepts.

Live sessions and peer collaboration

Programs feature live faculty-led sessions covering key AI transformation areas. Stanford’s Digital Transformation program, for instance, offers three live sessions examining AI ecosystems, adoption barriers, and business model innovation. Throughout these programs, networking with global peers creates valuable opportunities for cross-industry insights and collaborative problem-solving.

AI strategy frameworks and playbooks

Executives gain access to proprietary strategic tools that simplify complex AI implementation:

  • AI Canvas 2.0 and AI Capability Maturity Models for assessing organizational readiness
  • McKinsey’s Executive AI Playbook for scaling AI beyond pilot projects
  • Customized AI prompt frameworks designed specifically for business leaders

These frameworks transform abstract AI concepts into structured decision-making tools for practical ai strategy development.

How Executive AI Learning Translates to Business Growth

Executive AI education directly influences organizational performance across critical business dimensions. The impact becomes evident when examining real-world outcomes from properly trained leadership teams.

Driving innovation and product development

Research indicates AI could potentially double R&D processes in intellectual property-focused industries, while accelerating complex manufacturing innovation by 20-80%. This acceleration translates into approximately $360-560 billion in annual economic value through faster product development cycles. Organizations already implement AI throughout development pipelines—from market research analysis to prototype creation—resulting in quicker iteration and more innovative solutions.

Improving decision-making with data

Nearly 99% of executives aspire to create data-driven cultures, yet only 32.4% report success in this endeavor. The primary challenge isn’t technological but instead stems from leadership approaches. When executives apply structured, empirical decision-making frameworks learned in AI programs, they minimize risk and increase efficiency. Furthermore, organizations utilizing AI for analysis experience measurable improvements in decision quality and responsiveness.

Building AI-ready teams and culture

Approximately 48% of employees believe their organization lags behind competitors on AI adoption. This perception gap exists because culture—not technology—represents the fundamental barrier to AI implementation. Executive education equips leaders to align teams, rewire organizations, and foster environments where AI experimentation flourishes.

Aligning AI with business KPIs

Organizations using AI-enhanced KPIs demonstrate stronger strategic alignment. These “smart KPIs” function like enterprise GPS systems, providing forward-looking measurements that anticipate opportunities rather than merely tracking past performance. Furthermore, AI ensures these metrics remain directly tied to organizational objectives, making it substantially easier to measure progress toward strategic goals.

Conclusion

AI education for executives clearly stands at a critical inflection point. Throughout this article, we’ve seen how AI-advanced companies achieve 1.5 times higher revenue growth and how organizations with mature AI strategies experience a 3x increase in shareholder returns. Nevertheless, only 1% of companies consider themselves “mature” in AI deployment despite 92% planning increased investments.

This gap presents both a challenge and an opportunity for forward-thinking leaders. Executive AI programs from institutions like MIT xPRO, Wharton, Kellogg, Cambridge, and Oxford offer practical solutions through their hands-on approach, real-world case studies, and strategic frameworks. These programs equip leaders with essential tools to evaluate AI opportunities, manage implementation risks, and align technology with business objectives.

The business case for executive AI education becomes undeniable when examining its direct impacts. AI accelerates product development cycles, transforms decision-making processes, builds AI-ready organizational cultures, and aligns key performance indicators with strategic goals. Companies that fail to develop AI literacy at the leadership level risk falling behind competitors who embrace this technological revolution.

Your organization’s competitive future likely depends on how well you understand and implement AI strategies today. The question no longer revolves around whether executives should pursue AI education, but rather which program best addresses your specific business challenges and growth objectives. AI literacy has evolved from a specialized technical skill to an essential leadership competency for driving business growth in the coming decade.

XRP Price Set To Reach $5 In 2025, But This RWA Token Expected To Surge Over 5000%

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Ripple’s XRP is still among the most discussed digital assets in the crypto space, especially with its recent development in cross-border payments.

Investors are now seeking a Hollywood-style huge profit and may find something else to pursue. That’s where Avalon X (AVLX) comes into focus. With its revolutionary integration of blockchain and real-world asset (RWA) tokenization, Avalon X is being touted by early investors as the cryptocurrency that can potentially deliver more than 5000% profits in the next bull run.

XRP News:

Experts believe that XRP can touch the $5 mark by 2025, driven by institutional acceptance and increasing demand for efficient cross-border transactions.

Source: Tradingview

At $2.99, having declined by 0.61% in the past 24 hours, XRP still has a massive market capitalization of $178.35 billion and maintains a daily trading volume of $6.63 billion even as it declined by 3.68%.

Avalon X: Where Real Estate Meets Blockchain

Avalon X isn’t just another token riding the hype wave—it’s grounded in one of the world’s most enduring and profitable asset classes: real estate. Backing it is Grupo Avalon, a heavyweight in the Dominican Republic’s property scene, with close to $1 billion in completed, ongoing, and upcoming projects.

We’re talking about everything from luxury residences in Punta Cana to mixed-use developments in Santo Domingo, giving Avalon X a tangible footprint that most crypto ventures can only dream of.

By tokenizing the ownership of these valuable developments, Avalon X is enabling global investors to access the $379 trillion real estate market with a single click. The AVLX token is a utility token — unlocking property benefits, staking rewards, and exclusive access to investment opportunities that were previously locked up for institutional investors.

Why Avalon X Could Disrupt ROI in 2025

The actual power of Avalon X is its RWA-supported growth model. While XRP is centered around payment rails, AVLX is developing a full-scale ecosystem where token holders benefit directly from Grupo Avalon’s increasing real estate footprint. With $103 million already sold through and an additional $385 million pipeline in the works, Avalon X has real-world economic activity driving its valuation.

Every presale token purchased today is tied to this growing base, and thus Avalon X is much more than a hype speculation. Instead, Avalon X is a wealth creator over the long term, with built-in token scarcity, deflationary burn mechanisms, and a vision that extends all the way out through global real estate tokenization by 2027.

$1 Million Giveaway and Townhouse Prize Pool

To celebrate its presale, Avalon X has announced one of the most extensive giveaways in the cryptocurrency market. Not only do investors stand a chance to win a portion of a $1 million AVLX token giveaway, but they also get a fully deeded Dominican Republic townhouse as a gift from Grupo Avalon.

Eco Valley Townhouse Giveaway

This campaign is not hype — it’s proof of Avalon X’s commitment to bridging blockchain investment and real-world, tangible assets. To the gamer, that means the possibility of life-changing payouts now and, by joining in, having a stake in a project designed for its own explosive growth in the future.

Security Backed by CertiK

Avalon X hasn’t just put out big promises—it’s taken the less glamorous but necessary step of getting its smart contracts thoroughly audited by CertiK, which is pretty much the gold standard when it comes to blockchain security checks. That kind of scrutiny matters because it separates a serious project from the sea of half-baked presales that pop up and vanish just as quickly.

What makes it interesting is the dual backbone: on one side you’ve got institutional-grade security, and on the other, real estate projects already in Grupo Avalon’s pipeline. Put together, it means investors aren’t just betting on code or hype—they’re tying their money to both audited infrastructure and tangible assets. It doesn’t eliminate every risk, of course, but it does create a sturdier floor to stand on than most tokens offer.

Don’t Miss the Next Big Wealth Shift

XRP can easily touch $5 in 2025 and become one of the top cryptos. But as far as life-changing ROI potential goes, Avalon X is operating in a different ball game altogether. With its union of property value and blockchain functionality, this presale has everything it needs to dominate the next bull run.

The question for the investor today is not whether or not XRP is going to go up — it’s whether or not they’re willing to seize the 5000% surge capacity Avalon X has in the ready. The door is ajar, but for a limited time.

Join the Community

Website: https://avalonx.io/

$1M Giveaway: https://avalonx.io/giveaway

Telegram: https://t.me/avlxofficial

X: https://x.com/AvalonXOfficial

 

The Long Road to Reform: How 2013 FGN-ASUU Pact Tried to Fix Broken Promises

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The 2013 resolutions between the Federal Government of Nigeria (FGN) and the Academic Staff Union of Universities (ASUU) represent a significant moment in addressing chronic challenges in Nigeria’s public university system. The year represents the first period one could said both parties have a clear approach to resolving various issues, rooted in perceived unfulfilled promises from an earlier 2009 agreement. Our examination of a 4-page resolution document serves as a framework for understanding the deeper structural issues facing tertiary education in Nigeria.

The immediate problem, as framed by the Federal Government in this document, is the strike action initiated in July 2013 by ASUU due to the government’s failure to implement key elements of the 2009 agreement. Specifically, this relates to funding for the revitalization of public universities and the payment of earned allowances to academic staff. However, the strike itself is a symptom rather than the root cause of a broader challenge of underfunding and fluctuating government financial capacity. The government acknowledges that unforeseen financial difficulties constrained its ability to meet the agreement’s demands but emphasizes its commitment to improving the quality of tertiary education.

The key players in this effort include the Federal Government, represented by the President and the Permanent Secretary of the Ministry of Education; ASUU, as the representative body of university academic staff; and the Nigerian Labour Congress (NLC) and Trade Union Congress (TUC), which support the labour cause. Universities themselves and their academic communities are both stakeholders and beneficiaries of any resolution. Additionally, several institutional tools and reports, such as the 2009 agreement itself, the 2012 Needs Assessment Report, the strike action as a disruptive event, and the financial mechanisms proposed, are all part of this interconnected system.

The government’s proposed solutions are both financial and procedural. A phased funding plan spanning six years, totaling approximately 1.3 trillion Naira, aims to underpin the revitalization of universities. This funding is to be managed through a specially earmarked account at the Central Bank of Nigeria (CBN), ensuring that resources won’t be diverted but instead will be available quarterly for universities to draw upon. To further guarantee accountability, a central monitoring committee will oversee the proper deployment of funds and provide quarterly progress reports to the Minister of Education. Such measures serve as checks intended to build trust in the process and demonstrate a serious commitment to sustained reform.

In terms of addressing the accrued debts owed to academic staff, specifically the earned allowances, the government promises to validate payments already made using an Implementation Monitoring Committee (IMC). After this verification, the outstanding balances due from 2009 to 2012 will be settled. The plan also includes designing an affordable and practical approach for mainstreaming earned allowance payments in the future, aiming to prevent accumulation of unpaid benefits that could ignite further strikes.

Beyond financial restructuring, the government recognizes the importance of empowering universities to generate their own revenue streams. It expresses willingness to engage universities in consultancy projects in specialized fields such as solid minerals surveys, biotechnology, environmental impact assessments, and shelterbelt/mineral mapping. These initiatives are designed to boost internal revenue generation (IGR), reducing the universities’ overdependence on federal allocations and diversifying their funding base.

The final and most pressing immediate call from the government is for ASUU to call off its strike within seven days, signaling a crucial step toward restoring normal academic activities. The document emphasizes that all parties reached these resolutions in good faith, underscoring the high stakes and mutual desire to find a workable and lasting solution.

These resolutions show an attempt to rebuild trust in the university system by offering clear, measurable commitments on funding and allowances, paired with institutional mechanisms for oversight. The phased approach to funding reflects a pragmatic understanding of fiscal constraints, while the creation of ring-fenced funds and monitoring committees aims to reassure stakeholders concerned about mismanagement or diversion of resources.

However, the success of this initiative hinges heavily on sustained political will and genuine follow-through. In past experiences, similar agreements have sometimes stalled due to changes in government priorities, bureaucratic inefficiencies, or re-emergence of distrust among stakeholders. Transparency in fund management and engagement of the academic community in monitoring will be critical to ensuring that this cycle is broken. The government’s pledge to involve universities in consultancy work to strengthen their financial base is promising but also requires capacity building and strong policy support to become effective.

How Online Tech Sales Programs Offer Real Career Value

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Getting ahead in the tech industry? Online sales training has become a big help. Want to master selling? These programs give you the inside scoop on top sales methods, keeping customers happy, and knowing what’s next for your business. Imagine yourself mastering the tricks and tools from these classes, ready to excel at any tech sales job.

The Growing Demand for Tech Sales Professionals

Got a knack for sales? The booming tech industry is actively looking for talented professionals like you. Businesses must hire pros who clearly show why their products and services matter. Jump into an online tech sales program and gain the necessary abilities. By using the best tech sales program online, you’ll master negotiation and talking clearly, preparing you for what the industry demands.

Flexible Learning Options

One of the most appealing aspects of online tech sales programs is their flexibility. You get to learn at your own speed with these courses. That way, your career keeps moving forward without any schedule headaches. This adaptability allows students to handle their day jobs while picking up new abilities. 

Comprehensive Curriculum

Online programs offer a thorough curriculum that covers various aspects of tech sales. Students sharpen their understanding of products and sales strategies. They also discover how to build significant customer ties and close more deals. This complete training gets graduates ready for any sales situation or tough spot.

Expert Instructors and Real-World Insights

These programs often feature instructors with extensive industry experience. You’ll gain practical tips and real-world insights to apply immediately in your career. Imagine what you’ll pick up from talking directly with people already in the business! You’ll also build some excellent connections.

Cost-Effective Education

Online tech sales programs are usually more affordable than traditional college courses. Learning new talents becomes inexpensive and straightforward, letting students grow without taking on massive debt. You might be surprised how many programs are ready to help with the costs. They often have scholarships, grants, or even payment plans to make things easier on your wallet.

Building a Strong Foundation in Technology

Understanding the products being sold is crucial for any sales professional. Students come out of online programs with a powerful command of tech basics. They can confidently share what a product does and why it helps people. This clear message directly helps them make more sales.

Enhancing Career Prospects

Completing an online tech sales program can significantly enhance career prospects. Graduates often find themselves with more job opportunities and the potential for higher salaries. People who gain new abilities from these offerings often catch the eye of hiring managers, helping them climb the professional ladder faster.

Networking Opportunities

While online programs may lack the face-to-face interaction of traditional courses, they still offer valuable networking opportunities. Hop onto many sites and you’ll find chat rooms and message boards. You can easily connect with people like you and pick the brains of pros in your field. From these ties, you could find a mentor or land a job.

Developing Critical Soft Skills

In addition to technical knowledge, soft skills play a crucial role in tech sales. You can communicate effectively through online classes, solve problems, and build strong relationships. Without these abilities, getting clients to trust you and agree to terms would be a real challenge. They’re what gets the job done.

Adapting to Industry Changes

The technology sector is constantly changing. Online tech sales training is how professionals keep pace with rapid industry changes. Salespeople who can roll with the punches stay on top. They’re ready for any new hurdle or fresh chance.

Practical Experience Through Simulations

Many online programs include simulations and practical exercises that mimic real sales scenarios. Putting new ideas to work securely helps solidify what’s taught. People feel surer and become much more capable. Doing the work here helps people handle the unexpected problems and daily tasks they’ll face.

Access to a Global Market

The internet connects people from all over the globe. People taking online tech sales programs get to hear from many different voices and real-world stories. Learning about other cultures expands your perspective. You’ll easily connect with clients from any country.

Conclusion

Looking to build a strong career in tech sales? Online programs make it possible—helping you learn on your schedule, master proven strategies, and gain real-world experience. You’ll be prepared to thrive and grow in this fast-paced industry with the right training.