This post is dedicated to curating a business around music. It’s possible to make money as a musician. Nearly everyone has a passion for music but no one wants to put in the full-time hard work and efforts required. There are several music producers and musicians, but only a few are able to monetize their skills.
This post provides a generalized outlook on making money in today’s landscape as a musician. It should provide you some guidance in your journey towards making a successful career as a musician.
Like any other creative career, the initial days of a musician involve immense toil, sweat, and tears. You need to build a portfolio. It maybe singing, playing instruments, or both. It’s important to specialize in a genre or segment. Have a knack for writing awesome rap? Then strengthen yourself in it. Don’t inter-twine classical music with rap then. Same goes for musical instruments. You may know to play guitar, piano, and several other instruments. Ultimately, you’ll have to narrow down. However, if you are proficient in multiple instruments, then go ahead. People love musicians who can play multiple instruments like a pro.
At the start, don’t expect hundreds of thousands of people to go gaga over your songs and creations. Some of your early creations may go unnoticed, but you’ll strike gold with one of them.
And it’s about hustling in the beginning. A song you wrote will need several revisions. Late night practice, jamming sessions, and consistent efforts will eventually show results.
Gone are the days of CDs, cassettes, and all that jazz. Today, Spotify, iTunes, YouTube, and other digital platforms rule the roost. One’s entire music playlist resides in smartphones, laptops, etc. People pay for subscriptions to stream music on-demand.
Emerging musicians are utilizing YouTube to the fullest. The power of social media platforms allows them to reach a large mass. All in all, it’s a world dominated by the web, and Walkman, mp3 players, and iPods have become history.
And this is the future of the music industry. Eventually, no one’s going to have audio files in their devices. It will be about downloading or stream music as and when needed.
First and foremost, make a list of all platforms allow to publicize and promote your musical abilities. This includes, but is not restricted to, YouTube, TikTok, Instagram, and other social media websites.
Want some inspiration and success stories to get an idea? Google Shirley Setia. You don’t need to participate in national level singing events and musical shows to make name and claim some fame. At present, it’s about uploading your music videos on the internet, spread the word, and continuing to hustle in parallel.
At the same time, stay as far as possible from plagiarism. People are quick to sniff out copy-and-paste tunes. And if you get caught once, it’s going to taint your image forever. So place originality above everything when composing any kind of item.
If you have some budget to spend, add in some marketing tactics as well. Paid advertisements on Facebook is one example. Purchase a good quality recording equipment to shoot videos of yourself. While a simple audio recorder built in your smartphone is enough for recording your song, you need to have a good camera for video based creations.
If you are uploading your singing or video on online platforms, don’t fill it with ads in the name of monetization. At start, viewers will disregard your attempts as spam videos and audio clips. Keep it as simple as possible. Take Ed Sheeran as an example; no, you don’t necessarily need to take it to the streets and showcase your skills. Leverage the power, influence, and reach of the internet. It’s the quickest way to display your music prowess to several people at the same time.
Also, think of yourself as a business. After all, you are building your identity in the process.
At work, managers are trying to motivate their team to work harder but due to lack of a good strategy, it does not happen. Companies can’t achieve their goals because of the poor performance of employees. Mohammad was thinking of a solution to this problem almost all day and night. He tried to talk to the managers and employees to see why they don’t try to work harder.
In the end he found a solution for it – OldRobo! OldRobo helps managers improve their employee performance and engagement through gamification. Read this article to know about OldRobo, products, founders, tagline, business model, growth, wiki, and coupon code.
OldRobo believes the best relationships are built when playing games. It helps managers improve their employee performance and engagement through gamification. The company empowers teams to do great things while having fun! OldRobo is a peer review platform with an appreciation system and evaluation system to increase employee engagement and productivity.
“We always try to define technology edge projects which can solve new problems. Our talented team can find solutions for every kind of problem and Oldrobo is a solution for motivation problems”, says Mohammad Rezaei, CEO of OldRobo.
OldRobo – Effective Way to Improve Employees’ Performance
The platform helps companies to motivate their employees with the help of gamification. It currently has 2 products named OldRobo and Sourcegit and both of them are B2B services. In the short term vision, the startup is trying to build its network and grow the community and in the long term, it is looking for providing solutions for critical problems in businesses.
All the companies around the world are trying to find a way to increase their employees’ performance. The co-founders started their research around that subject and found out appreciation, getting feedback, and being heard by managers are the most critical problems in the companies.
They have calculated their Total Addressable Market as 5 million Companies by estimating the number of computer and technology companies around the world and then calculated their Serviceable Obtainable Market as 2 Million companies. The product is young and currently, its market share is 0.37%.
How was OldRobo Started?
Managers try to motivate their team to work harder but due to lack of a good strategy, it does not happen. This problem was occupying Mohammad’s mind for a long time. Companies can’t achieve their goals because of the poor performance of employees. He was thinking of a solution almost all day and night. He talked to the managers and employees to see why they don’t try to work harder. The co-founders also ran a survey to validate the idea, and in the end, found out gamification can be a good option to increase engagement and performance.
OldRobo is a peer review platform with an appreciation system and evaluation system to increase employee engagement and productivity. It helps companies to motivate their employees with the help of gamification.
OldRobo – Gamification Demo
Gamification type is visual and is suitable for companies that work in the visual fields like Game producers, Design agencies, or Web design companies. It also has a lot of features like Survey, Social Task Manager, Amazon Gift Card integration, and Suggestion box which allow managers to make a better culture at their company.
Founders of OldRobo and team
OldRobo is co-founded by Mohammad Rezaei, Ermia Qasemi, and Haniyeh Piroozbakht.
Co-founders of OldRobo
Mohammad Rezaei is the CEO of the OldRobo. The co-founders met each other in a competition called World Skills. Mohammad got Gold Medal in that competition in the field of Web Design and Development, Ermia also got an honorary diploma in the same field but Haniyeh got 3rd place with Bronze Medal in the field of Graphic Design.
Ermia was also a mentor and technical team leader for some companies from UK, Italy, and Ukraine to solve their technical issues, Mohammad also was a technical team leader of a couple of teams like Pixflow and Themify, and Haniyeh is now Product owner and lead designer of the team.
OldRobo has been chosen as the name of the product because of its game story which is about planets and discovery of them, so a robot discovers the planets, also the team chose Old because the co-founders think their character is wise and knows everything so it should be old to have enough experiences.
OldRobo Logo
OldRobo – Business Model and Revenue Model
OldRobo’s pricing business model is Freemium, So, the product is free for up to 10 employees but for the companies with more than 10 employees, the price is $2/employee/month.
OldRobo – Startup Launch
At first, the co-founders started with their community around the other product the startup has which is Sourcegit.com, So it was really helpful to contact companies and encourage them to give feedback. The company has made some discount coupons for them as a way to appreciate and encourage them to use its services. And the next channel which was really helpful was Producthunt when the product was placed as #2 product of the day.
Exclusive for our readers:Get 30% off with “startuptalky” coupon code
OldRobo – User Acquisition and Growth
The company’s current marketing strategy is mostly based on paid advertising platforms like Google ads because it needs to grow fast and raise funds. The team also continues its SMO and SEO which are outsourced with a professional team. Currently, OldRobo’s budget for marketing is $1K per month. It also decided to run its email marketing campaign soon to increase conversion rates.
“Our product is young and it is too soon to talk about its profit, but we believe we can achieve our goal in the next 2 years and our market share will be increased very soon. We currently keep focus on improving our product based on our user feedback to get an acceptable position in the market”, says co-founder Mohammad about the growth of the company.
“When we completed our product development, it was like a store in a desert, without any visitor and no one knew about it so we needed to build a road to our store in that desert to have some visitors”, recalls Mohammad, CEO of OldRobo.
At that moment, he realized development is not the only part of building a product. Marketing was the most challenging part so the co-founders should do something with it and in the end, they started with content marketing in their blog and email marketing with Sourcegit.com users which were helpful for them to get first visitors.
At first, they had a web agency which was creating web sites for customers but at some point, they decided to have their own products, then they started with sourcegit.com and now they are keeping the focus on Oldrobo.com.
OldRobo – Recognition and Achievements
OldRobo has been featured as #2 product of the day on Product Hunt.
Startups fail and the reasons are many. While everyone loves to hear about success stories, it’s the failures that teach a greater lesson. Bangalore based ‘Doodhwala’, a promising startup delivering fresh milk and groceries direct to doorstep, recently stopped operations and the news has concerned the startup community. However, the reason for the shut down is not known yet. As communicated by the founders of ‘Doodhwala’, ‘FreshToHome’—another Bangalore based startup delivering meat and sea food—will now serve the subscribers of ‘Doodhwala’ in Bangalore. While we are still figuring out what could be the reason behind the wind up, lets have a look at Doodhwala’s journey.
Founded in 2015, Doodhwala was the first in Bangalore to bring fresh farm milk directly to customers. Besides Bangalore, Doodhwala operated in Hyderabad and Pune. The startup delivered milk, fresh dairy products, groceries, fruits, and other fresh daily essentials direct to home.
Doodhwala was launched with the vision to be the largest and most loved fresh milk & daily essentials delivery service across India, taking pride in excellent customer service and enhancing India’s disorganized milk delivery network, employee satisfaction, and return on investment.
Doodhwala shut down
Doodhwala – Founders and Team
Doodhwala – Founders
Ebrahim Akbari and Aakash Agrawal founded Doodhwala in 2015.
EbrahimAkbari, is an engineer by training, a serial entrepreneur by profession, and a marketer by passion. Along with his co-founder, he scaled Doodhwala from a 5 member team to a 400 member company in just three years, making Doodhwala India’s largest subscription-based e-grocer. Ebrahim leads Doodhwala’s growth and geo expansion. He brings on board a unique perspective on business strategies combined with rich experience of effectively deploying business resources. A savvy negotiator with inherent entrepreneurial skills, he understands the entire supply chain industry and has co-founded a business model that has revolutionized the way people in India are buying milk and local dairies are selling milk.
Prior to establishing Doodhwala, Ebrahim Akbari was heading a 20-year-old family business of Industrial Field Supplies in Oman. As a Managing Partner, his focus was on scaling the business across and outside Oman along with looking for new growth areas and markets. Within a year of Akbari’s leadership, the company’s turnover increased by 30% and geo-expansion in Dubai proved to be a profitable move within the first year of operations.
Ebrahim, is a skilled theatre artist, an avid reader, and a gold medalist swimmer. A regular speaker at industry forums and platforms, Ebrahim recently spoke at the VCC Food and AgriSummit and The National Food Processing Conclave, in New Delhi.
Aakash Agrawal has a proven track record of successfully leading a company’s operations and sales. He previously co-started a steel fabrication company, UPPL, in 2010 in Odhisa where he drove operations and infrastructure implementation. Under his leadership, the firm within 5 years of successful operations clocked INR 20 crore of turnover, and won the ‘Vendor of The Year’. Post Aakash’s exit, UPPL is one of the very few board run SMEs in India catering to the heavy engineering industry.
Aakash spearheads the logistics and operations of Doodhwala. He possesses an entrepreneurial mindset, employing strong team leadership to create an outsized impact with limited resources. With rich and multi-functional expertise, Aakash has created competitive advantages in key operational areas for Doodhwala and developed a cost-effective omni-channel distribution/logistics network.
A great believer in the saying, ‘we will either find a way or make one’, Aakash spends much of his spare time reading about politics, history, current affairs, and traveling around the world.
Within three years, Doodhwala grew from two people to an organization of 1000 people.
One late night in 2014, Aakash and Ebrahim were working on a different business project, working and munching on cereal with milk. They realized that there was no milk for the second serving of cereals. This left them wondering how life would have been easier if there had been an app for ordering milk. Soon they grasped that they unknowingly stumbled upon a great business idea which was too exciting to let them sleep.
They wanted to immediately check the feasibility of this idea, and so around 4 in the morning, they were out and about to see how the milk supply market actually worked. This was followed by weeks of research and surveys and finally, they launched a beta version to test the market. They were amazed at the response they received. Consumers loved the idea of hassle-free home delivery of milk. They were looking for a new age ‘Doodhwala’ (milkman in Hindi), and this laid the foundation of Doodhwala.
Consumers were looking for better ways to find good quality unadulterated farm milk, they are for an organized hassle-free way to get milk. They, in a nutshell, wanted a punctual, cost-effective, and a non-traditional option. Led by the increasing level of urbanization across the Indian population as urban consumers prefer clean, hygienic and ready-to-drink milk and dairy products – quoted Doodhwala co-founder Ebrahim Akbari
Doodhwala – Name, Tagline, and Logo
Doodhwala was designed to be the 2.0 version of the traditional Doodhwala. Doodhwala’s tagline is “India’s largest fresh milk delivery app”.
In a nutshell, the tagline spells out that we set standards of excellence in fresh milk & daily needs delivery by being one of the pioneers in this space, and by innovating cutting edge mobile technology .
Doodhwala Logo
Doodhwala – App
The Doodhwala mobile app lets users order fresh milk and groceries easily.
Fresh milk is a part of every household’s regular purchase. Traditionally, Indians have been reliant on their local milkmen for milk, but the urban India crowd needed something more than just milk – they need ease, freshness, and reliability. That’s the problem Doodhwala solved.
Variety of milk is a convenience that neither the local doodhwala nor the kirana store can match. Doodhwala boasted of the largest variety of milk. The platform had 70+ types of milk. Be it A2 milk, organic milk, goat milk, camel milk, or lactose-free milk, Doodhwala offered varieties to suit eclectic dietary requirements, making it the ultimate destination for all kinds of milk.
Besides milk, Doodhwala also delivered fresh dairy products, confectionery, bakery products, juices, fruits and vegetables, other grocery consumables, personal care products and many other items of your daily needs right to your doorstep.
Some USPs of the Doodhwala app were:
An easy to use app to manage for all your daily essentials, with trusted deliveries before 7 am even for orders placed until 11 pm the night before.
Subscription or creating a customizable delivery schedule made it easy to plan all repetitive purchases.
One can easily modify, cancel or pause one’s subscription at any given time.
The no checkout feature (no constant topping of wallet) was a sure favourite amongst customers.
Zero delivery charges.
Doodhwala Warehouse
Doodhwala – Business Model and How it works
There many things Doodhwala did differently than previous and current players that made its business model robust and cost-effective.
The main highlights of Doodhwala’s business model were:
The hybrid model for last mile workforce – Consisted of existing milkmen and part-time workers.
Efficient mapping of delivery routes – Significantly lesser number of delivery executives were required to complete ‘x’ amount of deliveries since all the delivery routes were mapped efficiently.
Lower dependence on manual strength – Planned delivery leading to a lower dependency on delivery executives as well as inventory.
Unlimited Delivery Base – Focus on morning delivery helped easier hiring – basically, anyone interested in working for a few hours in the morning could be a Doodhwala delivery executive.
Resource optimization – Planned demand reduced inefficiencies and optimizes better utilization of resources.
Drastically reduced cost – The right combination of technology and process in every step of the cycle – procurement, warehousing, and sorting reduced cost.
Predictive inventory – Subscription model made way for strong predictive inventory algorithms which ensured almost zero wastage.
Advanced algorithms – Cost-benefit approach towards technology laid such that every implementation either increased revenue or decreased cost across Doodhwala’s supply chains
Single delivery slot network – The network of milk delivery guaranteed low mid-mile costs due to an obvious reason i.e, no traffic in the morning hours. Plus, it also guaranteed no peak hour rush.
Market and Demand Analysis – Adoption of Omni channel is driven by digital demand. It allows optimization on the logistical front, better inventory management across all points of sale.
High customer density – To curtail last mile costs, Doodhwala completed 10000 deliveries every hour. Each delivery executive completed 100 deliveries in a 3-hour shift.
Efficacy of micro-delivery model over on-demand fleet – Ensured higher customer engagement and focused on high frequency – everyday delivery.
Since milk allows for high frequency and a daily delivery model which means for an ‘n’ number of deliveries to a customer we don’t have any additional cost i.e, no incremental delivery cost. Secondly, focusing on high density allows for costs which are 1/10th with 6-10 times efficiency. We also implement a clever usage of modern-day Technology. Thirdly our Unique business model has allowed us to scale and stay one step ahead of the competition – Ebrahim said explaining the business model.
Doodhwala raised more than $14.2 Million in funding in 3 rounds. Doodhwala’s funding details are:
Funding Date
Funding Stage
Funding Amount
Investors
August 2017
Seed Round
Undisclosed
Tom Varkey
February 2018
Seed Round
$2.2 million
Omnivore Partners
November 2018
Series A
$12 million
Undisclosed
We have always believed that the philosophy of ‘raise only when you need to’ is a golden rule which is ignored too often at an early stage of a business. Most founders raise too early and end up diluting a significant portion of their equity before the business establishes itself. Aakash and I retain over 80% of the equity even though Doodhwala is the largest milktech company at 13 lakh liters of milk a month. Having a sound cap table is particularly attractive to potential investors, for it greatly assists founders in later stages of their business – Ebrahim
Doodhwala – Advisors and Mentors
Cristina Berta Jones, the former COO of Naspers, served as an Advisor and board member. Cristina brings several years of strategic leadership experience in spearheading mergers and acquisitions, portfolio management, and strategy for prominent B2C E-Commerce companies. She led the largest divestiture of Allegro group for $3.25B and was pivotal in driving the MakeMyTrip and Ibibo merger. She previously served on the board of Flipkart, Souq.com, eMAG, Takealot, Konga, and TBO Holidays.
Doodhwala – Startup Challenges
According to Ebrahim, the last mile delivery is the biggest challenge for every e-tailer in this country. Low efficiency of resources and route-planning problems are the core issues that cause the whole system to be inefficient and expensive. This paired with the challenges in delivery infrastructure bring additional problems to the state of the last mile. However, Doodhwala had a hybrid model for its last mile workforce which consisted of existing milkmen and part-time labor.
We require a lesser number of boys to complete x amount of deliveries since our delivery routes are mapped efficiently. in other words, we have a lower dependency on labor. This ensures we never have peaking problems.
Within 3 years of operations, Doodhwala witnessed extremely rapid growth:
The company was doing around 30,000 deliveries a day.
It grew 5 times during 2018-2019 with an 85% customer retention rate. While most companies and online e-commerce retailers struggle with the frequency of purchases, Doodhwala received customers at a minimum of once a week for a recurring purchase, making its retention rates one of the highest in the industry.
Doodhwala was one of the largest milk e-tailers moving 13 lakh liters monthly and had the highest delivery fulfillment rate at 99.8%.
Doodhwala had industry’s lowest operational cost at 5% cost of sales.
Doodhwala’s shut down, despite having a wide base of happy customers, left many guessing the possible reasons behind the shuttering.
FAQs
What is a Doodhwala?
Doodhwala was a milk delivery startup.
Who has founded Doodhwala?
Aakash Agrawal and Ebrahim Akbari has founded it in 2015.
A stock market is a trading place where you can trade shares of companies. You can buy or sell a stock by people only if you can list it on an exchange. Hence, it is referred to as the meeting place of the stock buyers and sellers.
Nowadays, it is very essential for you to stay updated with every market movement. The stock marketing traders keep rising and falling on a daily basis and hourly, too. The stock market apps check the real-time streaming market price. Also a virtual portfolio, stock charts, and much more.
You will get your personal investment account, built by experts, spare change investments. Everyday investment, investment to get a bonus, and many more.
b. Acorns Personal
In the most popular tier, you will be unlocking the financial wellness system. You will get everything that comes with Lite: a retirement account and acorns spending.
Different accounts in the tiers:
You can save and invest every day by checking accounts. Invests spare change(if you wish to opt-in) and invest very little into a portfolio of ETFs. Acorns can rebalance your portfolio and help you to stay within its target allocation.
You can save for retirement by setting easy recurring contributions. Based on your goals, employment, and income, acorns recommend the right plan. Acorns have no overdraft fees, plus fees or any fee-reimbursed ATM access nationwide.
Diversified portfolios.
You can do rebalancing.
You will get access to found money partners to earn.
Accessible through mobile and web apps.
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You will get access to acorns later, which is an easy way to save for retirement.
You can get a debit card that saves, invests, and earns for you using the Acorns spend access.
Stash makes investing approachable for beginners. It has a $o account because Stash offers fractional investing. Depending on the account type, charges are $1 to $9 a month. Suppose you want a little hand-holding while building a portfolio for stocks and ETFs. Then, stash will be a good fit for you.
This stock market app offers other account options, too. You get the brokerage, bank accounts, and retirement account for $3 a month. There are also two custodial accounts, a metal debit card, and a turbocharged reward program. And a monthly investment research report for $9.
Stash is best for:
Investors who need guidance in selecting investments.
New investors.
Thematic or impact investors.
Pros:
It gives educational content and support.
It provides Fractional shares.
Investment offerings that are value-based.
Cons:
There is no investment management.
It has high ETF expense ratios.
Guide To Stock Market Shares
3. TD Ameritrade
TD Ameritrade’s best for this course offers you in-depth. And free analysis knowledge and portfolio-building steerage. $o commissions for the stock, options, and exchange-traded fund. You have got an alternative of 4 commercialism platforms. In November 2019, Charles Schwab announced the acquisition of TD Ameritrade. Meanwhile, this app continued to accept new accounts. That is emotional to him once the acquisition is finalised.
TD Ameritrade is best for:
It has beginner investors.
It additionally has advanced traders.
Investor education advice
It has a commission-free trade.
It has fund investors.
Pros:
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E-trade gives you a library of educational resources and professional-level trading. And tools to help you assemble a risk-appropriate. It also gives you a $0 commission for all stock, ETF, and trade options. In February 2020, Morgan Stanley announced a $13 billion deal to sell E-trade.
Olymp Trade is the most popular online broker in the industry. It gives you the opportunity to trade in the following markets.
Stocks
Commodities
ETFs
Cryptocurrency
Benefits:
It gives attractive spreads.
Leverages of up to 1:400.
There are a variety of payment methods offered that are non-verified
It supported MT4.
It supports many languages.
You can give 77 assets to choose from.
It has a low least deposit amount.
Gives intuitive design
It has a mobile app.
Drawbacks:
Gives you withdrawal problems for non-verified accounts.
It concerns dubious regulation.
It gives you bonuses with unclear terms.
It has only two account types.
6. IQ Option
You can use this platform to provide its purchasers with a platform to cater to commerce desires. This platform contains commerce tools that are not found in any commerce platform. Position top-up helps the dealer hold a trade open if it’s reaching a stop loss. You might use it with discipline and offer new risk management.
Trading costs And charges:
This is often the excellence between buying for and commercialism prices.
Fees applied for the positions controlled nightlong are referred to as swap fees.
Intelligence quotient alternatives will begin charging €10 every month.
The bulk of payment service suppliers don’t have any fees. There is a charge of Commission of 2.9% on cryptocurrency trades.
Upstox provides low-cost trading services. There is no charge for orders placed in the equity delivery trading segment. It also provides a great trading platform and tools to the clients. This app includes Upstox Pro Web, upstox MF, and Upstox Pro Mobile. Algo Lab also provides platforms like Nest Desktop, Amibroker, Dart Stock, and Fox Trader.
Advantages:
It places buy and sell orders on the move.
It provides a universal search tool to find desired stocks and contracts.
It accesses many segments, including NSE cash, features and options, and currency scrips.
It has advanced charting tools using 100+ technical indicators.
This app is a virtual stock trading application offering real and live world market data. It helps beginners to start by using real markets and their data. It gives customers virtual money to trade stocks. And also understanding how stock investments work. It supports 13 countries and enhances stock analysis offerings.
How it works:
Get an account – you have to register to use a stock trainer using your email ID or any other social network login. After registering, you will get your virtual investment money. And now, you can start your journey of stock investing.
Look for stocks – you have to find stocks in which you want to invest by using the company name or ticker symbol or by utilizing stock research tools. It contains top losers and gainers, insider trades, and analyst recommendations.
Analyze trade stocks – you can launch a stock data screen by clicking on a particular stock in the app. You can get detailed information on the stock with stock charts with time spans.
Market Size of Stock Trading App Development
9. Investing.Com
This is a global financial portal and internet brand. It is also composed in 24 languages and for mobile apps for Android and iOS. All these offer news, analysis, streaming quotes, and charts. Technical data and financial tools about global financial markets. It covers a wide variety of financial vehicles, including stocks, bonds, commodities, currencies, interest rates, futures, and options. This is an online data and news website. It offers financial information but not trading services. You will get the services for free, and it does not provide investment consulting services. This is a reliable and good source of providing real-time forex data.
10. IIFL Markets
The IIFL market app is an advanced platform. This offers good investment strategies for the clients. You will get a customizable watch list and also a dashboard. The dashboard provides you with a summary of your account. And the idea of the stockbroking market.
1. Price alerts – you will get every notification about stocks. Hence, you will not miss any information.
2. Advanced widget – you will get to track stocks on your screen. Using these widgets, you can get information about trading.
3. Free guest user login – you can get this app for a lifetime as a free guest if you are not a paid user.
4. Finance and business news – you will also get all the news and updates about the financial markets.
5. Personalized watchlist – you will get with stock, currency, commodity. And futures options all in one. You will get customized column options that keep all the information.
6. Free research report – this app is the only app that provides you free research of the top 500 NSE or BSE-based companies. It will also offer users to research and provide technical support.
11. HDFC Securities Mobile Trading
You need to know about the fluctuations if you want to invest in the stock market. Hence, if you want profitability, then you will need to keep up with changes happening in the market. You will get the data to make better investments.
Advantages:
This app helps you in trade and sends notifications about any activity that will be important to you.
Some of the navigational and operational tools. That helps in managing your assets in an easier way.
You can manage many accounts with multitasking.
There is no time barrier for trading in this app.
You will get real-time alerts to be aware of the performance of your stocks.
Your account and transaction details are completely safe as it is protected by an effective encrypted firewall.
Disadvantages:
This is large in download size.
Performance is slow.
Buy and sell is not upfront on the app.
It is difficult to set up processes like stop loss and trigger.
It does not have detailed reports available for clients.
This is an Indian online business news website owned by E-EIGHTEEN Dot Com (p) Ltd. This offers the user information about the news. And insights related to business in India. This app provides the latest market data, business, and market news coverage, as well as Live TV. You can also manage the finance portfolio conversations on the message board. And other features on the app.
13. Mobile Invest
Aditya Birla’s mobile investment is an updated version. This app offers trade-in equity, derivatives, currencies, and commodities from a single platform. This provides all reports, fund transfer facilities, real-time research, and market news.
Features:
It provides real-time quotes.
Fund transfer – pay in and payout.
You will get trading from mobile in 3 clicks.
Also gives trade-in equity and F&O.
It also has a portfolio tracker.
It has an access ledger, control notes, transactions, and more.
It has a single sign-on for multiple exchanges(BSE, NSE, NFO, CDS, NCDEX).
It has a personalized dashboard.
It also has a real-time research dashboard.
It has advanced intraday charting.
Word indices.
It has voice support; you can interact through voice.
14. 5 paisa
5 paisa is a leading stockbroker. It is a traded and managed company promoted by IIFL founders. This is available in equity, commodity, and currency at BSE, NSE, and MCX. A charge of Flat 20 Rs brokerage irrespective of the trade size.
5 paisa mutual funds – it offers both regular and direct mutual funds. A charge of Flat 10 rs executed an order for online mutual funds investment.
5 paisa Demat account – This offers membership with CDSL. You will get an award for being a premier depository participant by CDSL in March 2019.
5 paisa trading platform – it includes a mobile trading app and a trading website. And installable trading terminal. You can build this platform on the latest technology. You will get recognized for the ‘best use of mobile technology in financial services.
Pros:
IIFL is a non-banking institution with experience over 2 decades.
As per the trading needs, you can choose from three subscriptions.
You can use the mobile app, website, and desktop trading terminal. There is no software charge.
It provides free technical, derivative, and fundamental research.
Cons:
It does not provide a 3 in 1 account.
It has high Demat debit transaction charges. It’s 25Rs or 0.025% charge for the greatest plan.
It gives an exchange transaction charge in competition with discount brokers.
At an extra cost of 100Rs, you will get a call and trade in the greatest plan.
Greatest plans do not contain research and advisory services.
Investing is difficult, it makes it easier. It helps you by observing the extras of the market. You’ll improve your portfolio management. It’s trusty by thousands of online investors. Stock charts supply the web’s highest-quality money charts with mere easy clicks. Also, you’ll run custom scans to search out new trades or investments. And set automatic alerts for your distinctive technical criteria.
Real-time charting where you go It is for the trendy capitalist. Stockcharts offers the industry’s best technical tools and resources. There’s no computer code installation and frustrating compatibility problems. You’ll access everything from any web-enabled device.
A complete set of tools Stockcharts has everything. You would like to arrange, organize, and execute any finance system. It’s a whole analysis and portfolio management toolkit. You’ll discover the market’s new opportunities with advanced scanning tools. You’ll pinpoint the entry with triumph charting and annotation tools. You’ll check your open positions and track portfolios with chartlists.
16. Advisory Mandi
It helps conceptualise solving the advisory industry challenges. This addresses the critical need for retail participants in the Indian advisory industry. This app believes in optimal value creation for investors by giving top-performing analysts instructions at the right time. It helps investors to make informed decisions. At the same time, investing their hard-earned money in the stock market. It also helps in educating novice investors by providing the right guidance, information, and happenings at the right time.
The authorized and registered analyst offers their live analysis on the website. Investors will get to connect with the right advisor according to their needs in the market. It empowers the investors by giving them the power to make decisions. It simplifies the process of selecting the analyst by making an unparalleled framework where you can view unbiased past performance.
The investment path becomes very easy and convenient with the right resources according to the particular needs. It pioneered in implementing SEBI compliance in analyst registrations and promotions.
This app helps let the stock market be your companion. Kotak Stock Trader is a mobile app. It allows the trader to continue trading in domains like equities, currency, and derivatives. It gives you a couple of other attributes, like allowing tracking down the portfolio.
Online trading feature This app utilizes online trading to be online trading close to them. You can check on the market always and then get their trading done. You will also get stop loss and trigger price options.
Portfolio tracking feature The portfolio gets updated, and anyone can access the changes in real-time.
Livestock market data This app gives you live-streaming market data all the time. Also, the movement of the market will be in the form of charts at the end of the day.
Fund transfer You can transfer the funds between a bank account and the online trading account. You can also transfer funds from the bank account to the mutual fund account.
Margin checker You can access the margin by clicking the ‘available funds’ option.
Security It has layers of security, and it is secure to use the app. Authentication of 2 passwords is important for every user. There is no stored data for stock trading. A session expires after 30 minutes to make it safe.
18. ET Markets
This app gives you the latest live market data on the go and makes informed decisions.
ET Markets App helps You in:
You can track live indices and stock prices with advanced technical charting.
You will get many chart types, technical indicators, comparisons, and real-time data.
You can watch live ETNOW TV or an audio stream to stay updated on the latest happenings.
You can track your stocks, Sensex(BSE), nifty(NSE), mutual funds, and forex ETFs.
You can track the stocks in your watchlist, market gainers, losers, movers, etc.
19. Stock Edge
You will get end-to-end information about all the NSE and BSE stocks in India. It covers market movements, updates, financials, technicals, and derivatives. You can complete mutual fund data along with AUM analysis. It gives through simple and interactive charts and bars. You can also mark stocks, scans, investors, and mutual funds as your favourite. You will get premium features like investor portfolios and MF investment ideas.
It is useful for:
Investors This gives you a decision-making tool that helps in analyzing your stocks. It also helps identify new stock ideas relevant to the criteria.
Traders This tool offers information about pre-market and post-market data analytics. It has a unique scan feature that is greatest for intraday, swing, and derivative traders.
Analysts This app contains a one-stop solution for fundamental and technical research requirements.
The Angel Broking app offers trading anywhere to Angel Broking customers. This app offers to trade in all segments, including equity, derivatives, currency, and commodities at BSE, MCX, and NCDEX. Investments in IPO and mutual funds are also available in this app. The secure, fast, and simple app works for both seasonal investors. It gives customers real-time streaming quotes and charts. Live news, many watchlists, online fund transfers, and research reports. Demat holdings, margin statements, limits, order summary, and more.
Features:
It provides online trading on mobile devices.
Trading in equity cash.
Trading in equity derivatives.
Trading in currency derivatives.
Trading in commodities at MCX and NCDEX.
It helps to invest in mutual funds, bonds, etc., and it also tracks derivative positions.
It offers live-streaming stock quotes, charts, and news. It has over 40 technical chart indicators and overlays.
This app has stock advice on the go through ARQ, the auto advisory engine.
You get to research reports and advisory calls. Also, you have personalized notification alerts for trades and ideas.
It also gives a viewof Demat account holdings. Real-time online funding transfers over 40 top banks.
21. Economic Times App
This app helps you to track the latest business news on the go and make informed decisions. You will get the latest updates from markets, business, and economic news as it happens.
Features:
It gives you the latest and most popular business news.
It shares news articles with colleagues and partners via email, Facebook, etc.
This app offers to profit from stock market views and recommendations from experts. Also, it has the latest updates from the stock market.
You can manage your investments in the stock market with the ET portfolio. You will get to track the stocks in your watchlist, market gainers, losers, etc.
All new navigation – you will get easy navigation. That displays all the categories in different modes. It has a simple cascading display for content with tools to dismiss layers.
It offers you stock market news, top stories, and analysis. Expert opinions on investing and analysis from NDTV profit.
You can watch Live TV streamed from NDTV profit studios. You will get all of the NDTV profit program videos and market analysis.
This app provides you with all the episodes of NDTV profit shows like Gadgets Guru, the car and bike show, and more.
You will get to track the markets and get live stock quotes during market hours. Also seamless integration with Twitter and Facebook to share content.
23. Stock Twits
This is a social media platform. Designed for sharing ideas with traders and investors. This app was co-founded by Howard Lindzen and Soren Macbeth in 2009. Also, Time magazine has listed the company in the “50 Best Websites” list. In 2012, the company was awarded “the top 10 most innovative companies in finance”. Stock tweets allow users to communicate to ticker streams in real time using hashtags. Customers are also able to communicate on Twitter.
The contents can be with the StockTwits extended network. Such sites are Yahoo Finance and CNN Money. This app offers the ability to share content with their personal Twitter, LinkedIn, and Facebook accounts.
24. Feedly
User interface Feedly is the winner with Google Reader’s demise. Since Google discontinued Google Reader, users have joined Feedly. It offers all the features of Google Reader. There are no ads, popups, or anything that can distract your reading. You will get the index view, today’s view, and recently read. You will get to organize your feeds view to create a new collection.
Cross-platform support It works on all platforms. There is an official app for all major platforms. There are unofficial apps for other platforms. If you want to work on mobile and desktop, you need to use the Feedly web.
3rd party app integration It helps with third-party apps. You will get to see many apps on their app centre that work with this app. It supports IFTTT, zapier, sprouts social, etc, because it’s a premium feature.
Save a URL to read later. There is a “read later” feature on Feedly, which helps you to save an article to read later. It makes the reading process simpler and smarter.
25. Kite By Zerodha
Zerodha boasts over one crore active clients, comprising nearly 15% of India’s retail trading volumes. Its robust technology platform makes it suitable for both novice and experienced traders. Zerodha Kite, the company’s flagship mobile trading software, offers an array of features, including market watch, advanced charting with over 100 indicators, and various order types like cover order and good till triggered (GTT) order. Additionally, users can access Zerodha Kite via a Chrome extension for convenient order placement and stock tracking.
ICICI Direct is a full-service brokerage app and a part of the ICICI Group, which is one of the oldest brokerage service providers in India. It caters to the needs of both advanced investors and beginners by offering seamless online trading and investment services. The app provides free advisory services and research to its users, as well as free equity futures trading. Additionally, ICICI Direct charges no fees for futures trading and account opening services. It also serves as a stock market learning app for those looking to expand their knowledge and expertise in trading and investing.
Features:
Utilize analytical tools like live charting and graphs for option chains, along with real-time profit and loss statements.
Receive smart stock alerts to avoid high-risk and penny stocks.
Experience fast order placement with a simplified user interface, including swipe-to-buy and sell options.
Create multiple watchlists for stocks, indices, and F&O contracts.
Access a wide range of products, including equities, commodities, currencies, derivatives, margin trading, mutual funds, IPOs, FDs, bonds, insurance, and ETFs.
The MO investor app is a product of Motilal Oswal Securities – one of the leading stock brokerage firms in India. This app is highly regarded in the market for its advanced tools, instant price alerts, and user-friendly interface. The app offers a wide range of services that allow investors to invest in equity, derivatives, commodities, currency, mutual funds, IPOs, bonds, U.S. equities, and other portfolio management services. Additionally, for those looking to learn more about investing, the app offers beginner, intermediate, and advanced courses, as well as a vast range of blogs and attractive infographics.
Features:
Utilization of AI-driven tools aids in optimizing portfolio rebalancing, leading to enhanced returns.
Value-added offerings include SIP via WhatsApp, automated advisory services, live bot genie, and call and trade service.
Various funding options, including loans against securities, margin funding, and stock lending features, are available.
Extensive educational resources include online lessons, videos, and blogs.
28. Edelweiss Mobile Trading App
The Edelweiss mobile trading app is an excellent choice for active traders as it offers a range of advanced chart options, market analysis tools, and detailed reports. The app provides real-time commentary on market trends, access to research tools, a dedicated relationship manager, a free portfolio organizer service, and Whatsapp alerts. There are two brokerage plans available – the “lite” plan and the “elite” plan. The former is more affordable, while the latter is feature-rich.
Features:
User-friendly interface with real-time commentary for a seamless market view.
Sector-wise performance overview provided.
Specific sections are allocated for equity, derivatives, and commodity markets.
Flexible subscription plans like “lite” and “elite” cater to varying user requirements.
29. Paytm Money
Paytm Money is a popular online trading app that has attracted nearly 14 million users to date. The app allows users to invest in various segments, including equity, mutual funds and other financial instruments such as the National Pension System (NPS). However, Paytm Money users are not currently able to trade in currencies or commodities.
Launched in 2017, Paytm Money has experienced significant growth and is known for its low brokerage fees. The app charges zero fees for services such as account opening and maintenance and even offers low charges of zero and INR 10 per order for equity delivery and intraday trading, respectively.
30. Sharekhan
The Sharekhan trading app is an excellent choice for both experienced traders and investors. The app is well-known for its demat and full brokerage services. With this app, you can invest or trade in equities, derivatives, currency, mutual funds, bonds, IPOs, and commodities and keep track of your portfolio. Sharekhan trading app offers both delivery and margin trading to its users. The app has several innovative features, such as advanced search options, in-depth chart analysis, options contracts on a single page, and other up-to-date tools. It’s worth noting that the Sharekhan trading app doesn’t charge anything for account opening and deposits.
It offers various brokerage plans, including prepaid account maintenance schemes with reduced brokerage rates.
Users can save customized screens and graph templates for future use.
Customer support is available via toll-free phone, email, and live online chat.
Online fund transfers are quick and accessible through 12 banks.
Brokerage charges vary based on the selected plan and transaction value.
31. Groww
Groww is a platform that operates on a simple and transparent pricing model based on a flat fee structure. This means that you will only be charged a minimum brokerage fee of 0.05% of the trade value and a maximum brokerage fee of INR 20, irrespective of the segment you are trading in, whether it’s Equity Delivery, Intraday or F&O. You can use the brokerage calculator provided by Groww to estimate all the charges involved, so you can make informed decisions while trading.
Additionally, opening an account with Groww is absolutely free, and there are no maintenance fees charged for the Demat account. This means that you can start your trading journey with Groww without any upfront costs or hidden charges.
FAQs
What is the stock market, in simple words?
The stock market is where people buy and sell publicly traded company shares. It allows investors to own a portion of a company and potentially earn profits as it grows.
Which are the best stock market apps for trading?
The stock market is where shares of publicly traded companies are bought and sold. Some popular stock market apps for trading include Robinhood, E*TRADE, and TD Ameritrade.
Which is the best stock market learning app?
Some other notable stock market learning apps include Money Control, Webull, Groww, Sharekhan, ET Market, etc. Each app offers unique features and resources for users to learn about the stock market.
What is the role of a stock marketing app?
A stock market app facilitates online trading and investment, providing users with real-time market data, research, and tools to manage their portfolios efficiently. It also offers educational resources and analysis to help users make informed investment decisions.
Who knew that remote working is going to be the new culture of working from home. Earlier, it was considered less of a job but as a customer service position at a below minimum wage. Now it’s a full-blown career. Managing remote working and remote teams is now a big responsibility. Here are remote working tips for employers where you can set up the path for your team’s success.
Technology- “The Need of The Hour” has proved as one of the best remote working tips during Covid-19, when the global economy is shutdown. It has made us capable to get our job done flexibly, so we try to adapt to this technology. Employees and employers are keeping up with the changing needs of the changing hour. Some major industires are also found promoting the culture of Remote Working.
What is Remote Working?
Remote working stands not just for the advantages related to the involvement of staff, their lower rotation, however the conjointly nice potential for development. This will ensure productive time while working remotely. It’s an open-end chance to redefine what cooperation between an organization and a worker really is. However, your teamwork depends a lot on them, and the way you gift them with priorities and goals will facilitate them so they can notice the most effective solutions.
The goals should be mutual, set, and nominative, because of this your team’s motivation to implement them won’t decrease as a result of they’ll recognize what they are nisus for. If individuals work along, aiming for one goal, they share responsibility for the project.
Remote Working
Remote working is additionally a chance for different ways that of accounting for work, not essentially for hours worked, except for results.
Remote working has pulled up its sock over last years and there’s been a growth in working remotely. If we see some trends then over the last 12 years, it has shown a growth of 159%. 91% growth in remote work over the last 10 years and a 44% growth in remote work over the last 5 years. Here is about some industries which have started promoting the new era of remote working.
Industries that work remotely
Why Remote Working Is the New Trend?
The comfort of being at home with flexible working hours
Set your own schedule of the day
Taking some days off for Self
Better time management
Less of stress and anxiety
Learn more skills at home
Benefits of Remte Working
The current global crisis has urged businesses to make it mandatory that their employees work from home. A significant adjustment is neededif you are a newb to working remotely. Because a bedroom can turn into a home office and taking conference calls half-dressed which is now your new formals. Tips to remote working for employees and employers can make things less stressful and more productive.
Remote Working Tips:
1. Maintain Regular Hours
Get up in the morning and the first thing in the mind is to set a schedule and stick to it, for god’s sake. Set up some guidelines because now you are working from home and sleep is going to hit you hard. You have to understand that working remotely means extending your day or starting early to compete with your side bench colleague. When it’s done, wrap up before you go to sleep; don’t leave it as a mess. Use remote tools like Rescue Time will help you track daily activities.
Rescue Time helps you keep in track of time
2. Designate A Workspace
Remember if you have to stay mentally focussed for longer hours so, designate a workspace. Make your guest room a new home office and keep it less of a disturbing place so you can focus more. You just have to work in a comfortable environment with the right equipment at home so you can be efficient and productive. During a video call, make sure you don’t have a distracting background or a noisy room.
3. Socialize With Team
Isolation and series of lockdowns have made us a great deal to connect with our friends and colleagues like earlier times. Don’t forget that the basic key to remote working is socializing more and more with your team. You do have to let your team talk about common interests, ideas and if possible, try meetups for people in the same region, and in-person retreats. Such interactions will let you keep connected and included in the team. These interactive experiences will let you be more proactive about nurturing relationships.
4. Set Rules With People in Your Space
Set some ground rules with other people at your home or who-so-ever you share your space with when you work. Because, whatever your excuse maybe you can’t let people service you just because you are working hard from home. Try and divide up domestic labor so that others at your place don’t get frustrated.
5. Schedule Some Breaks
Try scheduling some 20 minutes tea break and take some time off. Give yourself adequate time during the day and try not to be lethargic all day. Because working like a donkey whole day won’t bring success to you. It’s also not broken to your mind but also to some break to the processors of your PC/Laptops. A lunch hour and mini coffee/tea breaks can boost you up and re-energize you for the next work slot.
6. Use a VPN
Using a VPN which includes wi-fi at coworking spaces, libraries, cafes, airports which means a network that you actually don’t control. Using a VPN at home will let you access some important websites so which your company provides you with. In that case, try leaving your VPN connected as often as possible because it’s always better to have it on than not.
Buy a new sim or set up a phone number for official calls. It can be a free VoIP service, such as a Google Voice. A separate contact will let you keep up the work-life balance.
8. Spare Some Time For Physical And Creative Activities
Maintaining a safe social distance up to 6 feet, try to get out of your safe space for some fresh air. Move some hands and leg, do some Zumba which will eventuallyboost you up with energy. Believe me, exercising gives you a nice life with less stress. Run your creative minds and draw something, or just grab some colors fill in some drawings.
9. “Show Up” To Conferences And Be Detected
Certainly, you may participate in video conferences and conference calls, however, it is a smart plan to attend facultative conferences generally, too. Take care to talk up throughout the meeting thus everybody is aware of you are on the decision.
If your leader is lax concerning obtaining you in a very space with different staff, raise to possess associate annual or semi-annual trip in your contract. It might be for annual coming up with, training, or team building. Or, tack it onto another business event, like a yearly business meeting, near the conference, or workplace vacation party. DO not wait around for somebody to ask you to the workplace or a happening. Be proactive.
11. Take Sick Days
When you are sick, take the sick time you would like. If you have got sick days as a profit, they are a part of your compensation package. Not taking them once you want them is like abandonment cash. If you are a freelancer while not sick days, it is terribly straightforward to comprise the other time-is-money lure and check out to power through sicknesses.
12. Hunt For Coaching Opportunities
When you are not in an associate workplace together with your fellow staff, you would possibly miss out on coaching and skills development courses that square measure educated in the flesh. Your company may even forget to feature you to its on-line coaching courses. Additionally, to top-down coaching pushes, if there’s a course you would like for career development, raise if you’ll take it. Also, if you get enough advance notice of forthcoming coaching that is on-the-spot, it would be a decent time to request a visit to headquarters.
13. Overcommunicate
Working remotely needs you to overcommunicate. Tell everybody who has to realize your schedule and availability usually. once you end a project or vital task, say so. Overcommunicating does not essentially mean you have got to write down a five-paragraph essay to elucidate your every move, however, it will mean continuation of yourself.
14. Be Positive
Once you work remotely full-time, you want to be positive, to the purpose wherever it should want you are being excessively positive. Otherwise, you risk sounding sort of a jerk. It’s unfortunate however true. Thus, embrace the exclamation point! notice your favorite emoji :D. You are going to want them.
15. Cash in of Your Perks
Once you’ve worked in associate workplace full-time, it had been a struggle to seek out the time to pop one thing into the kitchen appliance that always. Operating remotely comes with distinctive perks. Cash all of them, you are it.
16. Do not be Too Arduous on Yourself
The most roaring remote staff have a name for being very disciplined. After all, it takes serious focus to induce a full-time workplace job done from associate unconventional house. Everybody lets their attention drift, generally. If you discover yourself operating one minute and booking flights for your forthcoming vacation successive, do not reprimand yourself gratingly. Instead, raise yourself whether or not folks in associate workplace settings do a similar issue. If the solution is affirmative, cut yourself some slack, then go back to figure.
17. Finish Your Day with a Routine
Just as you ought to begin your day with a routine, produce a habit that signals the shut of the workday. it would be a symptom off on a business electronic messaging apps, a night dog walks, or a 6 p.m. yoga class. You would possibly have an easy routine like motion down your laptop and turning on a favorite podcast. No matter what you select, make love systematically to mark the tip of operating hours.
There are many more countless advantages and tips of remote working but there’s more to remote working tips for the team. There are some remote team tools that will simplify the process to manage remote workers and teams to keep them productive and grow them professionally.
Tools for Remote Work
Top Remote Work Tools for Remote Teams
Zoom
Evernote
Google Drive
ProofHub
Basecamp
Dropbox
Instagantt
Troop Messenger
Slack
World Time Buddy
Timezone.io
10to8
Krisp
Todoist
Blink
Chimp or Champ
Kickidler
Teamwork
Hub staff
WooBoard
iDoneThis
LiveAgent
Time Doctor
Nextiva
Appear.in
Top Remote Work Tools for Teams
Remote work is additionally a chance for different ways that of accounting for work, not essentially for hours worked, except for results. The days once you need to sit within the workplace to complete the specified eight hours full-time area unit over, this conjointly offers a lot of opportunities for businesses that may optimize their prices. You do not have to be compelled to maintain a workplace, equipment, buy coffee, and look out of fruitful Thursdays. Simply invest in tools that facilitate on-line work, and their area unit a lot of and a lot of them of prime quality.
A study 5 years ago showed a 13% increase in productivity once remotely working from home. The explanations expressed were the reduced range of breaks and leave. Not solely work from home, however, work from any place or a coworking place within the world is gaining a lot of votes. By giving staff a lot of freedom, limiting negative practices like micromanagement, we tend to enable individuals to grow and unharness their potential.
With bigger freedom comes bigger responsibility and with it even bigger worker involvement in what they are doing. this is often confirmed by the State of Remote Work 2019 report ready by the bird of Minerva Labs. per it, mobile staff with a thirteen higher likelihood will not wish to alter jobs for the subsequent five years. this is often one thing price finance in!
Remote Working Tips for teams can be hugely rewarding, but only if you keep your productivity up and maintain a healthy work-life balance which will eventually nurture your business relationships.
A Consultant is an expert in a particular field whose job is to give professional advice to his client. If you are or plan to become a Consultant, this is a must-read post for you. Consulting Business is a challenging yet interesting field. It comprises problem solvers who are here to take up issues head-on. Consultants also evaluate the existing state of one’s business when needed.
Currently, there are over 10,000 Consultancy Firms in India. Among which, 6,000 firms are located in the 4 main metropolitan cities of Delhi, Mumbai, Kolkata and Chennai.
Consulting is not an evergreen relationship with the client but a short-term project meant to achieve specific results. An example would be a business entity approaching a financial consultant for tax planning. This is known as a Consulting Engagement.
While consulting comes in various forms and flavours, a successful consultant generally excels in certain aspects and qualities, irrespective of his or her area of work. This post discusses 10 qualities a consultant, whether experienced or just starting out, needs to work on to have a successful career trajectory moving upwards.
Time management is essential in the Consulting Business. One can think of it in two different ways: short-term and long-term. Short-term time management involves daily and weekly tasks and action items. Consultants may work on several projects at a time; they need to pay appropriate attention to all of them.
Mastering time management will save you from the pitfalls of unexpected and unprecedented occurrences. Get your planner ready as time stops for none!
Flexibility With Work
Being flexible is another ingredient towards becoming a better Consultant. Client Expectations and Requirements can change anytime, and unexpected issues may come up in the project. As a consultant, you need to be flexible and be always ready for any situation. With the kind of travel involved in the consulting business, don’t fret if you have to catch a flight all of a sudden.
Communication Skills
Communication Skillsform a person’s first impression. Whether that’s written or verbal. Email writing, presentation skills, documentation abilities, and even talking on the phone are directly dependent on one’s communication skills. Communication skills will decide how well you fit into the team. As a Consultant, the better you communicate with your client, the easier the task becomes.
Commercial Awareness
You need to have a basic understanding of how businesses work because certain points and frameworks apply to all companies regardless of the industry. Your Commercial Awareness will continue to deepen with time. Some points to work on are basic finance, economics, and management topics.
Good Analytical skills give you an edge over others in the consulting business. Analytical capabilities include both qualitative and quantitative aspects. You will be looking at data, whether it’s general trends of the client’s industry or actual specific requirements. Quick calculations, pattern identification, logical deductions, etc. are some of the topics that rely on analytical skills. On the qualitative side, you will look at interview responses, customer surveys, and employee responses.
Whether you are looking at numbers or words, you need to be able to interpret the data. Hence, build up your cognitive skills to take analytics and logical reasoning by their horns.
Organising
A good consultant is consistent in terms of efficiency and planning. And these come under organising one’s place and work-related items. To find a way which works for you when it comes to organising your emails, documents, calendar, and having everything in place.
Team Player
To be a consultant, you need to be a team player. Consulting business is not an individual’s game; working as a team is prioritized and stressed upon. It’s important to make sure that the client’s needs are met and looked after. And this has to be done while being mindful of your team’s needs. Keep your team members in mind, work in sync, and don’t aim for individual glory.
Social Skills
The consulting business is a client-facing job. And building relationships with your clients decide overall success as a consultant. While intelligence, analytical skills, and logical skills are highly valued, the Emotional Quotient (EQ) is equally important. The ability to empathize with others and build an intimate connection with clients will fast-track your journey to becoming a good consultant.
Creative Thinking
When you are doing the same job or activity repeatedly for an extended period, it becomes easy to stop thinking outside the box. If you want to provide value to your clients, you need to be creative and come up with innovative solutions. Ask yourself, “How can I do this better, or how can I make this better?” Creative thinking will definitely get you noticed!
Self-Care
In any business, some days can be harder. People don’t think of self-care as a skill, but it is one. You can work efficiently only if your health levels don’t drain. Self-care might look different for different people but at the core, it’s all the same. Take necessary breaks, give it a rest when your productivity is down, and don’t take it hard on yourself.
For some, it means going on vacation to unplug completely and ensuring they communicate and set certain boundaries with their team during the break. Identify what fits in your self-care routine.
Consulting is an interesting yet challenging role. As a consultant, you have to keep an eye on various problems and their solutions. Good control over skills like Time Management, Flexibility, Communication skills, Commercial Awareness, Analytical skills, Organising, Teamwork, Social Skills, Creative thinking and Self-care comes very handy in this job.
FAQs
Who is a Consultant?
A Consultant is an expert in a particular field whose job is to give professional advice to his client.
How many Consultancy firms are there in India?
Currently, there are over 10,000 Consultancy Firms in India. Among which, 6,000 firms are located in the 4 main metropolitan cities of Delhi, Mumbai, Kolkata and Chennai.
Why should a pay focus on Time Management as a Consultant?
Consultants may work on several projects at a time; they need to pay appropriate attention to all of them. Mastering time management will save you from the pitfalls of unexpected and unprecedented occurrences.
Why should you be Flexible as a Consultant?
Client Expectations and Requirements can change anytime, and unexpected issues may come up in the project. As a consultant, you need to be flexible and be always ready for any situation.
Jio has finally launched its video conferencing app JioMeet to take on the likes of rivals Zoom and Googlemeet. Jiomeet is available across all platforms Android, iOS, Windows, mac OS and web. The video conferencing app supports call conferencing up to 100 people and meeting can go up to 24 hours. As compared to its rival Zoom, where the duration of meetings is of 40 minutes, you have to subscribe for its paid plan to host longer meetings.
Features of Jiomeet
JioMeet can host up to 100 participants
jiomeet has a multi-device support
The calls can go up to 24 hours without any interruptions and there are no charges on the duration of calls
Safe driving mode
JioMeet Features
As Reliance was planning to launch the jiomeet to compete with its rivals Zoom and Google meet but Zoom has faced intense competition since its was established. The interface of Jiomeet is almost similar to Zoom which received mixed reactions from the users. It also gets a feature waiting room which is similar to its rival zoom. As the government of India has declared zoom is not a safe platform but the users have no choice rather than using zoom because of its features. With the entry of jiomeet, it looks like Zoom has really tough competition and soon jiomeet will dethrone zoom.
Once you setup the meeting Tap on participants at the bottom
After that Tap on Invite button and then choose the service from which you want to invite participants such as whatsapp, messages and etc.
How to join a meeting
Joining a meeting is quite simple either click on the link shared by the host or you can manually enter the meeting id and password and join the meeting.
Which is a better video conferencing app JioMeet or Zoom?
Jiomeet has all the basic features of Zoom but the point where JioMeet excels is, The call duration of JioMeet goes up to 24 hours free of charge without any interruptions whereas in Zoom it is limited to 40 minutes.
Zoom announced that it will be adding end to end encryption to both its free and paid users whereas Jio said all of its calls are password protected but nothing has been revealed about the end to end encryption like its rival. Looking at the details it’s hard to comment on which is a better video conferencing app, as per secure calls Zoom takes on the lead by offering (End to End)encryption but if we look at free calls for 24 hours then JioMeet is the winner.
FAQ about JioMeet
Is JioMeet Free ?
Yes, JioMeet is free and the calls can go up to 24 hrs without any interruptions.
Is JioMeet safe?
Jio has said that all its meetings are password protected however the company hasn’t revealed anything about an end to end encryption on its call.
Is JioMeet only for jio users?
No, JioMeet is available for all users. you can download it from Playstore or Appstore
It looks like Zoom has fierce competition here. Jio has made a great brand image in the past. JioMeet will be the first preference of Indian users as it is an Indian app. Zoom said in a statement that it has experienced intense competition since it was established. Now it’s up to Indians Will they prefer JioMeet or Zoom.
If you are planning to make a living as a yoga teacher, this post is for you. A full-timeyoga teacher is a lucrative career if implemented correctly. If you are an inspiring yoga teacher and worried about the challenges of starting out as one, this post is there to help you.
In India, the value of the wellness industry has crossed Rs 85,000 crore. The yoga industry in the US is expected to become an $11.5 billion industry by the end of 2020. According to statistics, the US has around 37 million people practicing yoga and the number will keep on increasing exponentially.
How to make teaching yoga a sustainable career in the long run, how to become a full time yoga instructor, and how to make good living out of it are some questions to be answered.
For most teachers, the perceived career trajectory is to build up a following in the beginning and get a foot in the door. And then, more and more people will start joining the classes and their income will grow exponentially. They don’t think about the hardships. In reality, a lot of yoga teachers are teaching 12-18 yoga classes a week and travel from studio to studio. Their schedules are all over the place with no time for themselves. Hence, it’s not that simple.
You might be able to pay your bills and make a decent amount of money by following this challenging schedule but forget about becoming wealthy in the long run. You need to differentiate yourself in some way.
Like any other career, a yoga teacher needs to roll up his or her sleeves and toil hard initially. You will have to pick whatever classes yoga studios are offering you and not be too picky. The same applies to students selection as well. Some students may be content with basic yoga poses while others would want training in advanced poses. As a yoga teacher just starting out, you can’t be selective in students. So it’s about giving up your preferences initially and focus on building a loyal customer base.
It’s time to cut yourself some slack and to redesign what it means for you to be a full-time yoga teacher. Doing 12-20 classes a week is not the solution, especially if you are getting older, have retirement plans, working on family planning, or want to become wealthy.
There’s a sea of yoga teachers who are becoming certified every day. Everyone can teach the basic poses and yoga asanas. To become a yoga teacher, it’s essential to know how to teach and preach about the basic positions. To make it big as a full-time yoga teacher, you will have to find a niche and specialize in it.
Yoga is a competitive domain now. There’s a huge demand for it. You have to be a realist and notice that tons of yoga teachers are advertising the same thing. Being known for a particular service is extremely powerful and saves you from becoming the Jack of all trades and master of none.
Something to get your creative juices flowing: HIIT is all rage now. Can you come up with a HIIT-yoga combination? What about power yoga? Or meditative yoga but with a differentiator? Think and bring some innovation as a yoga teacher.
Teaching 20 classes a week is not a business model. There’s more to it. Business models don’t have to be super complicated. You are asking yourself, “How do I plan on making my income as a yoga teacher?” For most teachers, teaching public classes and a few private classes as a way to increase income constitutes a business model. And that’s okay. But you need to think if it’s sustainable. One powerful exercise you can undertake is to design your ideal workweek.
Taking cognizance of efforts and time, how many yoga classes would you want to teach every week? How many workshops would you want to run, how many private clients would you accommodate, and what else can you squeeze in your schedule? Once you have an ideal week, start eliminating everything that looks beyond reach or infeasible. You need a tiered business model.
The first tier brings in the least income. That would be your public classes. Odds are of making anywhere from twenty dollars a class to 100 dollars a class while teaching yoga publicly. Variations arise based on the city.
Then, there’s the travel time to get to the public yoga studio. You’ll have to reach before time and spend an extra 15 minutes to clean up the space once everyone has left. Of course, this is applicable only if there’s no support staff. And then, it’s time to scurry to the next class.
Most teachers might have two or three classes a day. You want to get to a higher tier of income. That’s when the second tier comes in. It consists of offering private classes where you teach a small group of students.
Now, you’re getting more value for your teaching efforts. Add in another activity or job to at the mid-tier level: workshops. If you can offer workshops either at your local studio or in any other place, nothing like it.
Finally, the higher ticket items at the third tier. This would be yoga retreats and yoga teacher training. As a yoga teacher, if you are going to be in this career in the long run, you should start thinking of these activities. These higher tickets are going to supplement your income and make your career and life more stable.
At the same time, you don’t earn big money from the third tier so easily. It requires commitment and investment as a teacher. You’ll need to work a lot. You can offer some retreats; they can be local, international or some teacher training down the road. Just make sure there is integrity in your offerings.
If you have been certified last year, it’s probably not the time for you to host teacher training. So plan the tiers depending on your current expertise and experience.
Think about teaching yoga online. A lot of teachers are hesitant to do this but it’s a blessing for people to learn yoga online. Align your ideal target audience with your strengths, create a package, and offer it online.
Pick one or two social media platforms. Set up a website to publicize yourself as a yoga teacher while leveraging the reach of these platforms.
Conclusion
Yoga can help alleviate several illnesses. As you practice yoga, it establishes a solid relationship between the mind and the body. And yoga teachers are seen in a new light today. A profession that has a wider reach and influence. It’s a competitive world, but it’s possible to make a good living as a full-time yoga teacher.
Dog walking is a pretty popular business.Many people think of walking someone’s dog as a casual job youngsters do for some side-income. However, this is a huge misconception. This post discusses about the dog walking business—it looks easy on paper but comes with several challenges.
It’s important to note that in the initial month or two, you’ll have to experiment a lot. Walking for 8 hours a day and that too while having to deal with different kinds of dogs can leave you frustrated and tired. So you’ll have to plan your schedule to ensure consistency while building your dog walking business. Here are six points to plan about and act on to start a dog walking business.
Once you have agreed upon to start a dog walking business, the first and foremost action item is to get insured. There are several insurance firms you can reach out to for this purpose. There are different packages and proposals you can rely on to secure your dog walking business.
You’ll have to incur some charges on a monthly or quarterly basis but getting an insurance is totally worth it. The insurance will cover almost everything, from the dog going berserk, to someone on the street getting injured. It’s certainly going to save you in the long haul. Also, plenty of clients don’t take you seriously if you run a business without being insured.
Criminal Check
It’s imperative to get a criminal check done. Since dog walking involves interaction with people of all ages and you’ll be visiting a lot of homes, having a clean criminal history helps. Several junctures will not be at home when you arrive and they will feel satisfied knowing that someone safe and responsible is entering their home.
Decide if you want to be a full-time dog walker or restrict it to a part-time gig. Your decision is going to impact how many dogs you end up walking in the long run. Not just your income, but the time it takes to build reputation as a dog walker also depends on this decision. You can also choose to walk only a single dog at a time or do gang walks. Though walking a group of dogs gives more money, it’s difficult because the dogs may start clashing with each other. Also, not every dog can go on group walks.
Digital presence matters the most today. And the same applies to dog walking. Own a website that provides comprehensive description of your dog walking services. You can have an about page, a contact page, etc. There’s no creative limitation to what you can include in the website. Have a dedicated email id for your business. It helps in having a governed mechanism in place. Any kind of interaction with existing and prospective clients should happen only through this email. Moreover, it brings authenticity and professionalism to your dog walking business.
If you don’t wish to set up an entire website, leverage the power of groups and pages on social media platforms. Get authorization to take pictures or tapes of the canines you handle from their owners. This gives visibility to clients on what their pets are up to during the day. Not only does it help with feedback and reviews, you’ll build a closer connect with the clients.
Word Of Mouth Publicity
Word of mouth publicity is going to be the primary way to expand your business. Though social media reviews help in building reputation, when it comes to dog walking, word of mouth publicity trumps everything. Neighbors tend to talk about their pets a lot. If you can make name for yourself as a reliable dog walker in one street or neighborhood, there’s a high chance that you will resonate in surrounding areas as well. Advise your clients to tell their friends and families about your dog walking services. Make use of flyers and business cards to the fullest. Target veterinary clinics because that’s where your target audience frequents.
Facebook is a good example about the power of groups. Community groups are platforms where like-minded individuals interact and collaborate. Leverage this groups to move beyond your neighborhood and discover new clients for your dog walking business.
You must have seen people frequently posting photos and videos with their pets. Target them via groups and pages.
Conclusion
If you wish to be a dog walker or want to start professional dog walking business, you need to train yourself in handling dogs and building rapport with them. A dog is a man’s best friend and building this friendship is the key to success as a dog walker.
You also need to purchase the right clothes and gear. The right walking shoes, strong dog leash, etc. are a few items you need to invest in. If everything goes right, people from different areas will approach you to handle their canines. Comment about your experience with a dog walker or if you have been one yourself.
Earlier today, Prime Minister Narendra Modi tweeted about the new ‘Aatmanirbhar Bharat App Innovation Challenge’. The challenge which was launched through the PM’s tweet challenges Indian Startups and companies to develop ‘Made in India’ applications that will facilitate not only the people of India but the whole world. In his tweet, PM urged all the tech and startup community to come forward and develop world-class mobile applications under the challenge.
Today there is immense enthusiasm among the tech & start-up community to create world class Made in India Apps. To facilitate their ideas and products @GoI_MeitY and @AIMtoInnovate are launching the Aatmanirbhar Bharat App Innovation Challenge. https://t.co/h0xqjEwPko
PM Narendra Modi Launches The ‘Aatmanirbhar Bharat App Innovation Challenge’ Through Twitter
The challenge was launched under the Digital India mission by the collaboration of The Ministry of Electronics And IT with The Atal Innovation Mission (AIM) which is an endeavor of Niti Aayog.
In a second tweet, Prime Minister Narendra Modi urged everyone with such a working product or the ideas and vision to create one to come forward and take part in the challenge. He also gave a tagline for this challenge:
Let us Code for an Aatmanirbhar Bharat!
This challenge is for you if you have such a working product or if you feel you have the vision and expertise to create such products. I urge all my friends in the tech community to participate.
PM urged Technology Startups and Enthusiasts To Participate
It has been only a few days since the Government of India banned 59 Chinese mobile applications such as TikTok, ShareIt, Xender, etc. from the Indian market. And the Government of India has already started to make India Aatmanirbhar in terms of world-class mobile applications.
“Today, when the entire nation is working towards creating an Aatmanirbhar Bharat, it is a good opportunity to give direction to their efforts, momentum to their hard-work and mentorship to their talent to evolve Apps which can satisfy our market as well as compete with the world.”, wrote PM Narendra Modi on his LinkedIn post.
Why Is This Important?
China had huge control over the Indian market until the ban of the 59 Chinese applications a few days ago. These 59 applications contained some applications which were very popular in the Indian market. Some of such popular apps were TikTok, Xender, UC Browser, Shein, Club Factory, and more. While the Indian alternatives of these applications are available to download, they are much behind in terms of quality. Therefore, it was an important decision to launch the challenge. The challenge will motivate Indian Startups and techies to create such world-class applications that will find top spots in the world market. One more reason is that although Chinese apps have been banned in India, we still have many foreign-based applications that are very popular in India. These include popular social media apps WhatsApp and Instagram, Google apps, and more. Therefore, this decision was made not only for developing Indian alternatives for the 59 Chinese apps that were banned but also to develop apps that can conquer the World market and leave other apps behind.
Although the Chinese apps have been banned by the Government from the Indian market, there are still many apps that Indians use which are not India-based. Therefore, this challenge will prove out to be a good step towards the Aatmanirbhar Bharat movement and the revenue generated by Indian apps will stay in India itself, helping a little to the Economy of India. PM Narendra Modi informed on his LinkedIn account that the challenge will be run on 2 different tracks. First – To promote existing Indian applications. And Second – To help people and startups to develop new applications in terms of financial and ideation support.
The innovation challenge is being launched in 8 different categories:
Office Productivity and Work From Home
Social Networking
News
Games
E-Learning
Health and Wellness
Entertainment
Business (including Agritech and Fintech)
The last date for submission of work has been set to 18th July and the work will be judged based on its ease of use, Security Features, Scalability, and Robustness. Along with the motivation to work, the challenge also offers money prizes to the top 3 contestants in each category along with the top 3 candidates of sub-categories decided by the Jury. The prizes will be as follows:
Position Attained (in each category)
Prize
First
20 Lakhs
Second
15 Lakhs
Third
10 Lakhs
Position Attained (in each sub-category)
Prize
First
5 Lakhs
Second
3 Lakhs
Third
2 Lakhs
Along with the prize money, the apps will be given a place on the top leader-boards.
Conclusion
This challenge will motivate many individuals and companies to come forward and use their brains for the benefit of India. It is true that India has brains but lacks the motivation to create such world-class applications. This challenge will give them support as well as the motivation required by them to use their skills towards the betterment of India.
