Saturday, March 25

Self Development

5 Common Challenges Faced by Entrepreneurs and How To Overcome Them
Self Development

5 Common Challenges Faced by Entrepreneurs and How To Overcome Them

Every entrepreneur wants sustainable growth for their brand. They want their brand to start and dominate the market. Unfortunately, the first few years of being an entrepreneur often come with different challenges. According to the US Bureau of Labor Statistics, 20% of small businesses suffer business failure in the first year, 50% in their 5th year and the number increases to 80% by the 10th year. While this percentage may seem scary. it's essential to know that all the challenges businesses face are flexible. If you want sustainable growth for your business, you have to start by identifying and going ahead to fix it. Here's are 5 Entrepreneurial problems many business owners face and how to handle them. 1. Cash Flow Management Shortage of cash flow is one of the significant challenges...
5 Steps to Get the Right Mindset for Success
Self Development

5 Steps to Get the Right Mindset for Success

What sets those who accomplish great things apart from those who fail to realize their ambitions? You might guess intelligence, appetite for risk, or even creativity. Those are all sensible-sounding suggestions, but that's not what science has found. According to work by pioneering Standford Psychologist Carol Dweck and others, the best predictor of success in life is none of the usual suspects - it's in your mindset. Those who achieve great things generally believe they can improve and grow as people. This is called "Growth Mindset". Those who are frustrated in their attempts to realize their dreams tend to believe their abilities and talents are static, a.k.a. they have a "fixed mindset". All of which is fine and good, but raises one essential question. If up to now you have te...
4 Tips to Master the Mindset of a First Time Entrepreneur
Self Development

4 Tips to Master the Mindset of a First Time Entrepreneur

When it comes to Entrepreneurship, taking the first major step of starting the business is the toughest. It's even more challenging if it's your first time trying out a business without any entrepreneurship background. Without the right attitude, you might find yourself giving up with every minor setback you encounter. So, how can you turn a startup into a successful company that can break a million in revenue? There are no particular set of rules governing entrepreneurship, but there are traits that will help you succeed where others have failed. As a first-time entrepreneur, you might consider adopting the following traits: 1. Set Goals Much as it may appear like a cliche, setting goals is actually very vital. When you have a goal and a vision, you're likely to feel highly motiva...
How Corporate Gifting Can Improve Employees Mental Health
Self Development

How Corporate Gifting Can Improve Employees Mental Health

It has been a fact for ages that the workplace can become the most stressful for you, especially during a pandemic where almost every corporation had their employees work from home. Although it may sound good to work from home, it is even more stressful because you need to work twice as hard and can't work efficiently. This has caused many employees to leave and find other jobs better suited for them during this pandemic, but what about the mental health of the ones that had stayed loyal to their employers. If you want to revive your business and make sure your employees feel healthy at work, you may want to do something like corporate gifting which has sometimes been underestimated, but if you show your employees some care, then they are likely to stay loyal for a longer period. Reso...
5 Ways to Stay Motivated whilst Working from Home
Self Development

5 Ways to Stay Motivated whilst Working from Home

Working from home can be difficult. You might have thought that you’d enjoy it. You can get your work done in the comfort of your own home, able to access your kitchen and whip up Michelin star lunches whilst cutting out all of your commute time. We’re a few working days into this lockdown and it has become clear that this is not the case. Working from home is very different from working from your office. It is not, as you might think, your average workday but in a different environment. There are new rules, a lot of distractions, and even more emails. Video chats and conference calls consume your day, whilst everyone on your team tries to scramble together and evenly distribute the workload. Your laptop is not as fast or powerful as the desktop you’re used to. And there isn’t anyone sitt...
13 Tips to Becoming A Successful Entrepreneur
Self Development

13 Tips to Becoming A Successful Entrepreneur

An Entrepreneur is someone who is willing to start a business and undertake certain risks. Being an entrepreneur is never easy and can be very challenging. You are the only one managing everything and are responsible to select the best course of action. It's important for an entrepreneur to have 4 key skills namely; Attitude Creativity Relationships Organization Now, let's break these points down and let me explain it a bit better in detail. Attitude Having a strong positive attitude even during times of uncertainty is a great key skill for any successful entrepreneur. Creativity A successful entrepreneur is always able to think outside the box. It's all about having a good imagination and solving a problem. Tap into that brilliant imagination you have and there you have it ...
How To Be Less Addicted To Facebook
Self Development, Social Media

How To Be Less Addicted To Facebook

My main intent to write this post is not to discourage people from using Facebook. But to help them be less addicted to it and have a balanced social media lifestyle. As you all know, Facebook is the world's largest social media platform serving 2.37 billion monthly active users. Of those, 1.56 billion are being logged on to Facebook every day. A majority of these are mobile users. With an action as simple as opening your phone, opening your Facebook app and checking all your notifications. Even though the rapid growth and development of Facebook has made human interaction much easier, it also has some serious negative effects on people's mental health. While Facebook has been connecting users from all over the world, it has also made people addicted to its usage. And to be hon...