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Tag: Business Skills

  • 10 Skills Investors look for in an Entrepreneur | How to impress an Investor?

    The internet along with modern technology has seen a boom in the past decade. It has stimulated a lot of young people to turn into entrepreneurs by crafting their unique business ideas. The 2021 Entrepreneurial Spirit Index published by IPSOS shows 29% of Generation Z ranked as having a very high entrepreneurial spirit, compared to 36% of Millennials, 33 % of Generation X, and 25% of Baby Boomers. As of 2022, there are reportedly 582 million entrepreneurs worldwide. This growth has encouraged more people and companies to become investors.

    The business you start might have huge market potential. But, for it to reach a wider market and attain success beyond the geographical limit, it needs constant financial support. This financial aid is offered by Investors and VCs who are always choosy about their investments. Investors expect certain qualities from entrepreneurs before they decide to invest. So, what are they? What are the qualities that an investor looks for in an entrepreneur? Let’s see.

    10 Skills Investors look for in an Entrepreneur

    How to attract investors?

    10 Skills Investors look for in an Entrepreneur

    Here are some of the entrepreneurial skills to impress an investor.

    In-depth Business Knowledge

    Pitching your business plan to investors requires inside-out knowledge of your business and its market. An excellent idea portrayed with poor business knowledge can be fatal. Moreover, the confidence with which you approach the investor has a direct effect on the funding. In-depth business knowledge gives you that confidence.

    Before preparing your presentation for investors, gain clear knowledge about the scope and problems of your business and market. Construct a plan to solve those problems. You can gain that by interacting with your prospective customers and other market experts. Look for the questions, criticisms, and suggestions that the investor might toss at you. Be prepared for such things so you can provide a satisfactory response.

    Team Building Skills

    Many investors prefer to invest in businesses that have a good team. As Will Herman, a popular Angel Investor himself said, he believes in a founder who has a good team. It includes not only the co-founders but also the management team as a whole.

    Every person can’t be an expert in all aspects of the business. So experiencing yourself in what you’re good at and building a team for other aspects can gain you a positive note from investors. Even an average business idea can be executed exceptionally through a good team. If you’re desperate about getting the investor’s concern, then knock on their doors with a competitive squad.

    Precision in Fund Requirements

    Being clear about the amount required and the ways of utilizing them is a significant factor seen by Investors. Opting for an open-ended request for funds shows your lack of business awareness. Get to know the market well and be as accurate as possible in your need for funds.

    Determining the channel of fund flow is another important and challenging factor. You need to be more specific to the investors regarding what ways their money will be utilized. It could be for customer acquisition, product development, or anything. Pitch them with specific numbers to gain their interest.

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    Communication Skills

    The primary quality of a good entrepreneur is his Communication skills. The success of a business depends on the coordination between various departments, teams, and stakeholders. All these can be successfully bridged through effective communication by the entrepreneur.

    Therefore investors expect entrepreneurs to be good communicators for effectively managing the business. This will be keenly observed during your pitching. Now, what makes one a good communicator? Deep knowledge develops confidence and this, in turn, grooms you to be a good communicator.

    Passion towards Business

    Create a vision for your business and develop a sense of passion while running towards it. The more passionate you are, the more determined you’ll be towards achieving your goal. The path to success in business will be loaded with ups and downs. How you overcome it depends on how passionate you are about your vision. Investors look for such dedicated and vision-driven entrepreneurs to invest their money.

    Organizational and Leadership Skills

    The success of the business depends on the way it is organized and managed. Coordinating teams, assigning appropriate tasks, and motivating them towards the company’s goals are some of the functions that come under organizational and leadership skills. A leader inspires his employees directly. Therefore, this skill becomes essential for the success of a business. Due to its impact on their investment, investors expect this quality in you during pitching.

    Adaptability and Learning Skills

    An entrepreneur should always be open to learning and suggestions. Adapting to the constantly changing market is a crucial skill that an entrepreneur should possess. It keeps you alive in the face of a competitive market.

    Experienced investors may provide you with advice regarding the business. Even some people you meet, customers, or your failures might teach you something. You must keep yourself open to such learnings. Failing to look around and close yourself off might land you and your business in trouble.

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    Problem Solving Skills

    Every entrepreneur must possess problem-solving skills to deal with day-to-day business challenges. Problem-solving is a combination of various other skills like analytical and critical thinking. It starts from identifying a problem and may involve taking complex decisions for business growth. You can develop this skill by going through various case studies of organizations and thinking from their perspective.

    Strategic and Critical Thinking Skills

    Strategic and critical thinking becomes essential for the overall development of entrepreneurial skills. You should be able to foresee problems from various perspectives to arrive at the best solution. Critical thinking becomes essential for making strategic business decisions.

    Developing the skill of thinking strategically and critically would help you out beat your competitors and expand your market reach.

    Marketing Ability

    Communication skills will help not only to sell your ideas to investors but also your products to customers. This requires a clear understanding of customers’ needs and preferences, your competitors, market conditions, and other external factors. Investors look for your team’s ability to convince a person and make them buy your product or service.

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    Conclusion

    Investors believe more in you than your business plan or products. Their investment depends on the value of trust you offered them. Trust can be built from possessing a combination of various skills mentioned here. Gaining as many skills as possible is always an added advantage to you and your business.

    FAQs

    What are the 10 Entrepreneurial skills?

    10 important entrepreneurial skills an investor looks for in an entrepreneur are:

    • In-depth Business Knowledge
    • Team Building Skills
    • Precision in Fund Requirements
    • Communication Skills
    • Passion towards Business
    • Organizational and Leadership Skills
    • Adaptability and Learning Skills
    • Problem Solving Skills
    • Strategic and Critical Thinking Skills
    • Marketing Ability

    Who are the top angel investors in India?

    Some of the Top angel Investors in India are:

    • Rajan Anandan
    • Mohandas Pai
    • Ratan Tata
    • Anand Chandrasekaran
    • Anupam Mittal
    • Kunal Shah
    • Dheeraj Jain
    • Gokul Rajaram
    • Amit Somani
    • Vijay Shekhar Sharma

  • Top 10 Skills Employers Look For in a Job Interview

    Your resume is not enough for the job you apply for. There are other things that the recruiter looks for. Whenever you go for any job interview, the employer looks for some soft skills irrespective of the job you are going for. In this article, we shall look at some of these skills which you will require for any job interview. These skills will enhance your chances of getting selected for the Job.

    These skills will not only help you in getting a job but will help you to leave a lasting impression on any person you talk to. Thus it will help a lot in any leadership position immensely. These skills will help also you to stand out and also enhance your career and help you in climbing the corporate ladders at a faster rate. So without any further ado let me talk about the top skills you need to develop before preparing for an interview.

    List of Skills you need to Ace for an Interview

    1. Communication
    2. Critical Thinking
    3. Teamwork
    4. Emotional Intelligence
    5. Self-driven
    6. Time Management
    7. Storytelling Skills
    8. Digital Skills
    9. Organizational Skills
    10. Adaptability

    List of Skills you need to Ace for an Interview

    A job interview does not only depend on your knowledge, experience, or expertise but also on the way to express yourself and the thought process you have. Here are the essential skills you need to ace which will give you an edge over others.

    1. Communication

    Communication Skills
    Communication Skills

    Communication is the basic professional skill which is required in any kind of job. Your career growth is directly proportional to the communication skill you have. Communication helps you solve complex and critical problems in your organization. When you handle complex things, you increase your personal power. This also makes you stand out in the crowd. Communication is therefore the first thing noted by the interviewer.

    2. Critical Thinking

    Critical Thinking Skills
    Critical Thinking Skills

    Critical thinking is one thing that recruiters will be looking for in any person. In any corporate office, you will face a lot of problems and will have to solve them as the need arises.

    Any company hands key functions to those people who are good at finding solutions to problems. From improving sales to doing any crisis management, it is employees with good critical thinking who are preferred in the company. This is why critical thinking is an important skill you need to develop.

    3. Teamwork

    Teamwork Skill
    Teamwork Skill

    No big work can be done singlehandedly so it requires a team to do it. This is why the skill of working with a team is very important.  The interviewer might test your teamwork aptitude by doing a group discussion. They might also ask you for an instance where you have to use various skills to work well with a team. You will be judged on your decision-making ability, communication, and management skills.

    4. Emotional Intelligence

    Emotional Intelligence is the ability to understand our emotions about ourselves and the people we work with. Having empathy will definitely make you look attractive. When your emotional intelligence is good you can help find solutions for the employees. This will make you a reliable figure in the office. It will make you stand out amongst your peer.

    5. Self-driven

    Self-driven Skill
    Self-driven Skill

    Every employer wants self-driven employees. In the modern age, every employee is expected to be responsible for their work and conduct it their way. These employees usually bring a huge amount of value to the company they work in. An employee like this seldom solves complex problems with creativity. They also add to the current system by improving the present situation.

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    6. Time Management

    Time management is one thing that will distinguish you from other employees. Only when you manage your time properly you will be able to make grow with time. People who are focused on their goals and are always managing their time properly are the ones who win the game. For the people who climb the corporate ladders pretty fast, time management plays a crucial part in it.

    7. Storytelling Skills

    Storytelling skills
    Storytelling skills

    Storytelling is an important skill that distinguishes you from others. When you display these skills in an interview, you are bound to stand out amongst other interviewees. Storytelling also helps you a lot in any kind of corporate presentation and in any kind of leadership to inspire your team.

    8. Digital Skills

    In this world where almost everything is turning digital. Your employer will definitely look for digital skills in you. Today almost every operation happens digitally. Basic skills like coding, digital marketing, etc are looked at by any employer. Digital skills help you handle the assignments given to you in a more efficient manner.

    9. Organizational Skills

    Organizational skills are a must for any kind of employee. These skills are very much needed in the contemporary world. When you are adept in organizational structure then you can easily resolve any kind of conflict between employees. Organizational skills will help create a good image of yourself before your peers.

    10. Adaptability

    Adaptability Skill
    Adaptability Skill

    A very crucial thing that the employer note about you is how adaptable you are. The more you have adaptability, the more your chances of getting hired. In any corporate environment, you need to adapt to the situations quickly.

    In certain cases, you will be sent to a different project. You need to adapt to the new work environment and situations quickly. This is why adaptability is a very valued thing in your skillset repository.

    Conclusion

    I hope you now know about the various skills that you need to help yourself to get hired. You can start with the one which is easiest for you. After that, you can go ahead and master the rest of the skills quickly. Mastering these skills will definitely make you stand out amongst others.

    FAQs

    What are some common mistakes during a job interview?

    Some of the common mistakes are losing your focus on the interviewer, arriving too late or too early for an interview, talking too much, improper attire, and not researching about the company.

    What are the top 3 strengths that employers look for?

    Storytelling, being Self-driven, and Critical thinking are some of the top strengths employers look for.

    What soft skills do employers look for?

    Self-confidence, Communication skills, Teamwork and positivity are some of the top soft skills employers look for.

  • How to Start Conversation With Stranger? | 6 Ways to Start Conversation With Strangers

    The conversation is our primary way of expressing our ideas, opinions, goals, and feelings to those we come into contact with. It is also the primary means of beginning and establishing friendships and relationships. Starting a conversation with someone you have never met before can be stressful and difficult unless you have the right mindset. Starting a conversation with a stranger gives you a whole new experience. It can change your perspective. To start a conversation with a stranger just gather enthusiasm, positivity, and energy. The key to holding a long conversation is F O R D.

    F- Family

    O- Occupation

    R- Recreation

    D- Dreams

    It is an empowering mindset to be able to create a conversation with potentially anyone. The ability to communicate in an informal and friendly manner is essential for every aspect of a person’s business, social, and personal life.

    The problem arises when comfort and confidence are replaced by anxiety and fear. In this article, we will talk about some tips on how you can start conversing with a stranger. So. let’s get started.

    Body Language
    Risk vs Rejection
    Ask Ritual Questions
    Know What to Say by Listening
    Take the Help of Free Information
    Disclose Free Information

    Body Language

    One of our most important communication skills does not come from the tongue, but also from our body. Research has shown that over half of face to face conversation is nonverbal. ‘Body languages’ often communicate our feelings and attitudes before we speak. We are judged quickly by the first signals we give off and if the first impressions are not open and friendly it will be difficult to maintain a good conversation. The following technique will be very much helpful.

    Body language + Tone of voice + Words = Total Communication

    With practice and greater awareness of body language, you will be able to encourage others to approach you and feel comfortable. When you meet a stranger at a party the easiest way to start the conversation is to introduce yourself.

    Risk vs Rejection

    It takes a certain amount of risk to begin a conversation with a stranger. Most shy people don’t start conversations because they fear being rejected. This prevents them from reaching out to others. One thing that keeps in mind is that risk-taking and rejection are part of life. The advantage of being the first to say hello is that it allows you to guide the direction of the conversation, and gives the other person the impression that you are confident, friendly, and open. The more you practice starting a conversation, the better responses you will get. But all the people are not alike. You may be rejected sometimes, use it as a lesson and adjust your approach for next time. If you are rejected don’t automatically assume it’s your fault.

    Ask Ritual Questions

    Ritual questions are easy to answer requests for information. Ritual questions can be used to overcome someone you don’t know and wish to speak to. The easiest way to start a conversation with a stranger is to notice something interesting about the person you wish to speak with. Second, you notice something that the person is carrying. Thirdly you start a conversation is to making a comment or asking a question based on the situation. It is best to focus on positive things rather than complaining about the negative. Ritual questions are good for breaking the fear and starting a conversation. Exchanging ritual information also follows you to prepare to introduce yourself to the other person.

    There are two types of ritual questions one is closed-ended which asks for a yes, no or short answer and another one is open-minded which asks for a more detailed answer.

    Some examples of close-ended ritual questions are listed below:

    • Do you live around here?
    • Do you like food?
    • What time is it?
    • Are you going to the park?
    • When did you get here?
    • Where are you from?
    • Are you enjoying your stay here?
    • Is this your first visit here?

    Some examples of open-minded ritual questions are listed below:

    • How did you find your apartment?
    • In what ways do you think this country (city, college, etc.) has changed?
    • How did you get involved in that line of work?
    • Why did you decide to move there?
    • What brings you to our town?
    • What do you like to do on your days off?

    Know What to Say by Listening

    Know what to say next by listening carefully for keywords, facts, opinions, feelings, and most of all free information. Conversation problems include poor listening, memory, and concentration skills. People speak slowly and with lengthy pauses between thoughts. Asking relevant follow-up questions based on what the other person has said shows you are listening. Close-ended questions help to clarify facts and details. Open-ended questions encourage the speaker to elaborate and suggest that you are interested in the topic.

    A good listener is actively involved in the conversation and can often relate to what the speaker is going to say next. This involvement shows concern and interest, and will usually reinforce facts and details. Conversations are more fun when you get actively involved. By participating, you will improve your listening skills. You link your prior knowledge and experience.

    Take the Help of Free Information

    By taking advantage of free information, you can guide the direction of the conversation. Ask open-minded questions that refer to the free information. Free information is communicated by a person’s clothing, physical features, body language, personal behaviour, and activities, as well as by words. Listen carefully to topics that may wish to avoid discussing.

    Disclose Free Information

    Self-disclosure lets others get to know you on your terms. The information you share with the people you meet determines how they get to know you. Once you take a look at what is being revealed, the details are not secrets that must be kept. After people exchange greetings they usually exchange some basic personal facts. Another self-disclosure provides a background of experiences and information. Revealing personal opinions and preferences on different subjects. In this case, you can reveal your attitudes, values, and concerns. Reveal your goals, struggles and all your skills.

    Conclusion

    Conversing with a stranger may seem intimidating but it is a necessity. It helps you in networking and creating professional relationships for your job or business. Communication is the key to everything, it is the only way that we channel our ideas and thoughts to others. So while conversing with a stranger the above tips will definitely be a help.

    FAQs

    How to start a conversation with someone you don’t know?

    To start a conversation with a stranger, you need to:

    • Introduce yourself.
    • Start with the basics.
    • Be aware of your body language.
    • Disclose free information.
    • Make eye contact.

    What are Communication Skills?

    Communication skills are the activities that make your performance ultimately a good one. Communication skills are very important in every human being’s life it is used in both, your personal life and your professional life.

    How to communicate effectively with your clients?

    Here are the effective ways to communicate with clients:

    • Be a Good Listener.
    • Be Professional.
    • Talk Positively.
    • Bridge The Communication Gap.
    • Speak With Confidence.
    • Do Your Research.
    • Use Their Talk.
    • Right Body Language.
    • Respect Your Client.
    • Wait For a Response.
    • Note How You End The Conversation.

  • Top 13 Most In-demand Skills to Help you Land a Job in 2022

    The 21st year of the 21st century is about to come to an end, leaping into 2022 which patiently awaits a significant buildup towards the peak of the much-awaited Fourth Industrial Revolution. This revolution could trigger the advent of completely new tech industries and companies which would be generationally different from what the established corporations have come across.

    Every aspect of regular human life is increasingly becoming digitalized, which would mean more data to be processed smartly and efficiently. The emergence of cutting-edge technologies like AI (Artificial Intelligence) and the new Metaverse which presents a three-dimensional internet becomes one of the several testimonies of this worldwide digitalization. Keeping this in mind it is only intelligent to keep a few tech skills handy, while also nurturing some basic soft skills which might become an exclusive enabler for everyone as 2022 begins.

    To help with this newfound era, some inherently necessary technology-driven skills that should be equipped and learned by the masses are suggested below.

    Top 7 Emerging Hard Skills to Add in Your Resume
    Top 6 Emerging Soft Skills to Add in Your Resume
    FAQs

    Top 7 Emerging Hard Skills to Add in Your Resume

    Artificial Intelligence (AI) and Machine Learning (ML):

    Artificial Intelligence and Machine Learning
    Artificial Intelligence and Machine Learning

    Artificial Intelligence and Machine learning are emerging as the prime focus of every other company which requires processing its data to make it more and more customized for all customers, aligning the interests as preferred. Along with this, AI has become a very powerful tool in handling the basic daily needs of its user by assisting in playing music or even switching the lights on or off.

    All leading companies have introduced their own virtual assistants like Cortana (Microsoft), Alexa (Amazon), Google Assistant (Google) which are programmed to learn the mannerisms of its users, along with the introduction of software(s) like facial recognition. Experts have agreed on AI being the ever-rising component of the tech industry, making it one of the finest skills to acquire for anyone.

    UX Design:

    UX Design
    UX Design

    Innumerable websites are being created on an hourly basis on the internet offering several services to its visitors which has generated a lot of tussles between multiple competitors with the same aim in mind. UX designers have become a must-have for any organization which wants to have a prominent and powerful internet presence since the designers create products and websites having peculiarly attractive first impressions for any visitor.

    The impression is enhanced by thorough research, prototyping with precision, and structuring accurate information architecture. This increasing demand for UX designers makes the skill extremely desirable for many years to come.

    Cyber Security:

    Cyber Security
    Cyber Security

    The rate of digitization of data is immeasurable today, making almost everything accessible online if a person has an advanced understanding of working the system to extract whatever information is needed. Thus, data leaks have become recurrent which has made the need for cyber security workers and experts more than ever before. Any company with a virtual database would prefer having a cyber security team for the protection of data stored from possible threats.

    Not just that, but even national governments have forums to protect their people from being harassed or bullied online. Hence, being familiar with the data and IT security skillset would increase the chances of being employed at every other private/government organization on national and international levels.

    Blockchain Programming:

    Blockchain Programming
    Blockchain Programming

    In a world where cryptocurrency and NFTs (Non-fungible tokens) are becoming important every passing second, it is highly advisable to start learning the basics of blockchain programming which has acquired popularity alongside Bitcoin (BTC) having its entire functioning based on it.

    A single BTC is worth more than 50k USD which only makes the learning of blockchain programming even more incentivized as being equipped with such knowledge would not only help in building blockchain startups but also benefit you in trading as well. Thus, increasing the popularity and demand for advanced programmers with an extensive understanding of the crypto market.

    Robotic Process Automation:

    Robotic Process Automation
    Robotic Process Automation

    RPA (Robotic Process Automation) is a lesser-known skill set that has taken over numerous markets and their operative. Despite economic pressure faced worldwide as an aftereffect of the pandemic, this field will continue to grow through 2021 to 2022 in industries like healthcare and transportation. Thus, acquiring expertise in RPA can become a major add-on to anyone’s Curriculum Vitae.

    Cloud computing:

    Cloud Computing
    Cloud Computing

    Every company with a significant amount of information to be stored in their database requires cloud storage with functioning load balancing and scaling done efficiently. This also provides enhanced collaboration with full transparency for its users in tech industries as the cloud designers focus on continually customizing the user interface as per its users’ demands. Having cloud computing as an added skillset would smoothen the working of any organization which makes the job is constantly in demand.

    Web Development:

    Web Development
    Web Development

    Coding with Java, CSS, HTML has become the backbone of the internet with every new website that’s being created or any keyword being searched on the search engines, there is always a code running in the background carrying out all the tasks as we watch it being performed. These mechanisms need modifications and rectifications from time to time where the web developers come in. This inherent need for their abilities cannot be eliminated even after automation which makes this a much-required skill for the years to come.

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    Top 6 Emerging Soft Skills to Add in Your Resume

    Top Emerging Soft Skills
    Top Emerging Soft Skills

    After having addressed some of the aforementioned need-of-the-day skills required for any budding entrepreneur, given below is another list consisting of major soft skills required to give the technical aids a proper room for growth to reach full potential:

    Stress management:

    While it may look like there isn’t anything that can be done about stress at home or work but when thinking hard enough there might be some ways to manage stress. Starting with, identifying the source of the stress, not holding on to things, moving on, connecting with people, and a lot more.

    Emotionally intelligent leadership:

    Emotionally intelligent leaders are leaders that are aware of their emotions and also aware and understanding to emotions of other people. These are the people who can connect to their employees well and channel their emotions into projects and assignments and do extraordinary work in their respective fields.

    Methodical innovation:

    Methodical innovation is important for clear understanding and application of theoretical ideas and strategies that result in productivity.

    Impactful social influence:

    Making an impactful social influence is important for positive effects on opinions and behaviour. It can be manipulative still has its advantages.

    Analytical approach:

    A leader needs to have an analytical approach to problems. An analytical approach is breaking down the problem into different elements so that it becomes smaller and easier to solve and is less time-consuming.

    Problem-solving inventiveness:

    Problem-solving inventiveness is important as it provides a systematic and organized approach to solving the problems. A leader is required to have this skill for fast and better solutions.

    Conclusion

    The new age of industrialization and technology is bound to create a multitude of openings to channel creativity while engaging on a worldwide stratum of information and idea exchange. The skills listed above are bound to come in high demand as the market will expand faster than ever, especially on a virtual plane. Hence, it is only intelligible to indulge in skills that would put a day’s work on the level of authentic importance in a pacing network of budding market demands.

    FAQs

    What skills will be in-demand for the next 10 years?

    7 High demand skills for the next 10 years are Selling, Marketing, Coding, Negotiating, Communicating, Leading, Problem solving.

    What is the best skill to learn?

    The best skills to learn are Writing, Public speaking, Meditation, Forming good habits, Negotiation, Mathematical thinking, Coordination, and flexibility.

    What new skills can I learn?

    The new skill one can learn is Programming skills, Data Analysis and Statistics, Digital literacy, Foreign language, Project management, Speed reading, Public speaking, and Social media and digital marketing.

  • Top 10 Best Business Ideas for Teens and Young Entrepreneurs

    Today, the world is moving at a faster pace. Work-life has become an integral part of everyone’s life. Now, work and money come on top of the list of most millennials and Gen Z. With this mindset, the competition is increasing in every field. This requires a child to start preparing for this competition right from the teenage years.

    Nowadays, teenagers are super keen on the thought of becoming independent at an early age. The idea of being a young entrepreneur crosses the mind of almost every teenager now. Teenagers are willing to experiment in different fields to make a business out of it. Online tutoring, social media influencers, selling handmade and personalized goods, baking, home-cooked meals are some of the ideas that pay well as a business for teenagers. So, if you are a teenager and you want to earn some extra money, start right now.

    Lets look at business ideas that you can execute as a teenager.

    Online Tutoring
    Website Creation
    Digital Marketing
    Social Media Influencer
    Making and Selling Handmade/Personalized Goods
    Cooking and Baking
    Graphic Designing
    Fashion Designing
    Freelance Writing
    Photography
    FAQs

    Pandemic and the Idea of Business Among Teenagers

    Businesses have always been there. People usually follow the regular pattern of going to school, college, getting a job, saving money, and then starting a business. However, during the pandemic, the students had more time to think which paved the way towards starting a small business.

    Digitalization helped teenagers to get equipped with all the information and skills that they need to start a business. So, the pandemic also played a big role in boosting the idea of small businesses by teenagers.

    1. Online Tutoring:

    Online Tutoring

    During the pandemic, everything shifted to the online mode. One of the biggest transitions was for the children as their whole classroom got reduced to a screen. This change made the concept of e-learning even more popular than before. As a teenager, you can become an online tutor in any field that you know you are good at. You need to know your requirements and target audience.

    If you want this business to work, always remember to be professional and keep your course pattern and model effective. You can market your service among the near and dear ones or can also register on online tutoring websites.

    2. Website Creation:

    Website Creation

    Websites are not just the pages appearing on our screens. They hold a great amount of earning potential in them. As a teenager, you can learn to create your website with the help of online courses or even YouTube. Once you create your website, you can do affiliate marketing by writing blogs. You don’t need any technical skills to do it. All you need is a great passion to start your own business and start earning.

    3. Digital Marketing:

    Digital Marketing

    The term Digital Marketing is now used in every business. You can learn digital marketing from online courses. When you search for digital marketing courses, you will find a variety of paid and free courses. You can start with free courses to learn and grab interest in the field. All you got to do is practice and get yourself familiar with SEO, SEM, Ads, Google analytics. The best thing is that you can learn this at home and even start earning right from the comfort of home.

    4. Social Media Influencer:

    Social Media Marketing

    If you are someone who loves to be in front of a camera, then this is perfect for you. There is no doubt in the fact that social media influencers are gaining popularity and are no less than a celebrity. Influencer marketing involves the marketing of products and services through influencers who have built an audience over social media.

    The first step for you is to determine your niche and, create your profile accordingly. Then you have to know your audience and create meaningful and consistent content for them. Consistency not only helps to retain the followers but also attracts new ones. You need to know related to social media, ads, analytics, digital marketing to excel in this field. This is a lucrative business option for teenagers as they get to be their bosses.

    5. Making and Selling Handmade/Personalized Goods:

    Making and Selling Handmade/Personalized Goods

    This idea is great for teenagers as it enables them to explore their creative side and make an earning out of it. Handmade and personalized goods never go out of style. You can make customized jewellery with beads, clay, or resin. If you are good at painting, you can make portraits or other art and sell it online. Personalized gifts like photo frames, handwritten letters can be sold. You can even make organic soaps at home and sell them online. In this way, you can start your own small business from home and start earning.

    6. Cooking and Baking:

    Cooking and Baking

    Home-cooked meals are always in demand. If you love to cook or bake, you can make an Instagram page for it and start taking orders. You can cook proper meals, bake cakes and even make chocolates at home and sell them.

    7. Graphic Designing:

    Graphic Designing

    If you have some design skills, you can sharpen them up and start earning. As a teenager, you can design posters, logos, ads, online graphics and sell them to customers. You can sign up on Fiverr, Freelancer.com as a seller and start looking for clients. This is a great business option for teenagers as they can earn while being creative.

    8. Fashion Designing:

    Fashion Designing

    This is a lucrative business idea for the ones who love fashion and design. If you know how to stitch, you can make customized clothes and sell them online. If you don’t know how to stitch, you can hire someone to stitch for you, while you design the garments. As teenagers, you can set up a website or build an Instagram page to sell your product.

    9. Freelance Writing:

    Freelance Writing
    Freelance Writing

    If you are someone who enjoys writing, this idea is a blessing for you. Since you are a teenager, you must be already writing your papers for school or college. So, it is a good idea to take up some commissioned projects on the side to make some money. You can sign up on marketplaces like Fiverr, UpWork and start looking for writing gigs.

    10. Photography:

    Photography

    Photography is a creative business idea for the ones who love to capture moments. As a teenager, you don’t have to take up any professional course. You can learn the basic techniques of capturing and editing online. You can take projects like clicking pictures for a birthday party, personal photoshoot, and more in your free time.

    Conclusion

    Teenagers, nowadays dream of being young entrepreneurs. They want to earn but also take their passion along with it. So, it is always a good idea to start a business at a young age. Starting a business early not only helps to earn money but also equips the youngsters with adequate skills that come in handy in their life.

    FAQs

    Can under 18 year old start a business?

    People under age 18 cannot form legal business entities, and their parents should do so on their behalf.

    What do teens sell online?

    You can sell clothing, electronics, antiques, toys, cookware, collectibles, sporting goods, art, and just about anything else imaginable.

    What is the easiest company to start?

    The easiest business to start is a service business, especially for a beginner. A service business is any kind of business where you sell services. In other words, you sell your skill, labor or expertise — instead of products or goods.

  • Top 14 Must-Have skills to include in your Resume

    In today’s VUCA world you need to develop a lot of skills in order to stand out. The present world does not function as it was ten years ago. Today it does not matter if you got a degree or not. Skills are the most important thing in today’s world. It is an asset that will enhance your career. Today a lot of students are confused and want to know about the top skills required to get a good job.

    In this article, we will be talking about a number of skills which is required in the present time. All these skills will also help you immensely in your entrepreneurial journey too.

    Now when it comes to skills there are two types of skills. There are hard skills and soft skills. Both hard skills and soft skills are important. In this article, we will look at the prominent hard and soft skills.

    Top 5 Essential Hard skills to include in your Resume
    Top 9 Essential Soft Skills to include in your Resume
    FAQ

    Top 5 Essential Hard skills to include in your Resume

    1. Digital Marketing:

    Digital Marketing
    Digital Marketing

    Digital Marketing is one of the most in-demand skills in the present world. After the pandemic, almost all the businesses have shifted online. There are a number of businesses that do not know exactly how to bring their businesses online, you can help them in this area. Apart from that, there are also a number of jobs in this field. Digital marketing has a huge scope.

    2. Cyber Security:

    Cyber Security
    Cyber Security

    Cyber security is another skill that can make you rich. With the rise in the digitization of almost every asset, security is going to be a big issue. As we know many companies getting breached, cybersecurity is one of the most essential skills in today’s world. Also, with the rise in technologies like AI and Blockchain, security will become a more complex and sophisticated thing in the future. This is a huge discipline and you can choose your own special niche.

    3. AI & Machine Learning:

    AI and Machine Learning will penetrate almost every industry in this world. Many of the apps in your smartphone already have machine learning and AI in them. A lot of devices also have AI & Machine Learning in them. This is a skill that has an immense amount of scope in the future. There is also a job opportunity for this. You can also do freelancing to cater to larger people.

    4. Blockchain:

    Blockchain is a field that is still underexplored. This field has limitless scopes. From microfinance to data security, Blockchain has its utility in the modern world. There is a huge shortage of blockchain professionals in this field and so the market now requires a huge number of marketing professionals.

    5. Animation:

    Animation is one skill that is hugely in demand but many do not mention it. Almost every brand requires an animation professional to enhance its impact. Animation has several more applications in different sectors.

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    Top 9 Essential Soft Skills to include in your Resume

    Here are some of the top soft skills required in 2021.

    1. Communication:

    In any kind of place, communication matters the most. Today it is seen that the people who hold higher posts are the ones who can communicate better. When your communication is strong, you can express complex messages and solve complex issues. Your leadership is directly proportional to how well you communicate.

    2. Creativity:

    Creativity is another very important thing you need in your career. In real life, you will face a lot of problems. In order to solve these problems, you need to tackle these problems creatively. This is why creativity is very necessary.

    3. Strategic Collaboration:

    In any organization, you cannot do everything by yourself. This is why you need to collab strategically in order to perform any required task.

    4. Self-motivated:

    Every organization wants an employee who is self-motivated and does not require any push. This is why self-driven people are much more preferred than other people.

    5. Positive Mindset:

    A positive mindset is very necessary for today’s industry. In today’s corporate world, where there is huge competition you might not be able to survive without a positive mindset.

    6. Multitasking:

    Multitasking
    Multitasking

    Multitasking is very essential in today’s world. If you cannot manage your tasks properly then you cannot achieve success. So you need to be really adept at multitasking.

    7. Time Management:

    Time Management
    Time Management

    Another very important thing you should master is time management. Time Management enables you to do a lot of things in a more efficient way. It increases your efficiency to a great extent.

    8. Adaptability:

    A big thing that makes you excel in your ability to adapt to any new organization. Adaptability makes you stand out in the crowd. This will ultimately help you in your promotion.

    9. Problem-solving:

    A important thing in your professional life is the ability to solve problems. Problems are inevitable but you need to have a solution-based mindset. This is why it is very necessary.

    Conclusion

    These are some of the most essential skills you should have in order to excel in your life. The skills listed here will have a huge amount of growth in the future. These skills will help you prosper in your corporate life as well as your entrepreneurial venture. You can start with the one which is easy for you to start learning and then move on to the other ones.

    FAQ

    What are the top job skills to include on a resume?

    Computer skills, Leadership experience, communication skills, and Problem-solving abilities are best job skills you should include in your resume.

    What are things a resume must have?

    Contact information, Career summary, Job objective, Awards, Recognitions, and industry training are things a resume must have.

    How should you list your skills on a resume?

    You should list your relevant hard skills throughout your resume, such as professional summary, skills, work experience, and education.

  • Win Win Negotiation Skills Entrepreneurs Need To Be Successful

    Negotiation tactics are very important for the business’s success. One must hone the skills of negotiation to build the company at a higher level. Many businesses miss out to recognize the importance of negotiation skills for any further deals to make. It might be a small business, startups, big firms, individual contractor, all need to develop this skill to have a win-win situation between two parties.

    “The most difficult thing in any negotiation, almost, is making sure that you strip it of the emotion and deal with the facts. And there was a considerable challenge to that here and understandably so.” – Howard Baker

    To be a good negotiator, one must try to step into the shoes of other business owners and you will know that almost everything involves negotiation. And in business, sometimes you are a buyer and sometimes you are a seller. So, knowing the technique of negotiation make you survive in the market.

    Negotiation Skills Entrepreneurs Should Know
    Conclusion
    FAQs

    Negotiation Skills Tips

    Negotiation Skills Entrepreneurs Should Know

    Here are 8 negotiation techniques that will make your business more efficient and you will succeed as a confident negotiator.

    Get Prepared

    As a first step, we must be prepared by making in-depth research of the dealer. When you know the inside and outside of the parties involved, it will be helpful for you to make proper negotiations. This holds good even if you are at the other end of the table and want to buy the products or service. The main thing is to have a good idea about the dealer and be clear of what you want out of the arrangements. Without the preparation and research, if you sit for the negotiation, you are half-lost. So make a good research of the party and know their strengths and weaknesses.

    Have patience and listen to the party

    Some of the negotiators talk too much endlessly and does not make a good deal. This is the worst kind of negotiation, be patient, listen to the party, understand their needs and make a wise arrangement. A good listener is a good negotiator. Dominating the conversation will not fetch you any information, so listen attentively.

    No egos and have balanced emotions

    Negotiation Skills | Keep the negotiation professional
    Negotiation Skills | Keep the negotiation professional

    Be confident enough as you have done your background research on the party and most importantly have a check on your ego. When are free from your ego and emotions, you can then think objectively and make a flexible deal. To be a successful negotiator, one must think well even in a stressful situation and find common grounds. During the arguments be neutral and control your thoughts and emotions. Don’t be rigid in your arguments, have a calm mind and think productively which helps both of you. ‘Keep the negotiation professional’.

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    Ask right questions

    Spend some time asking questions to the dealer. This may give you some useful information which helps in negotiations. Don’t be afraid of asking questions as nobody knows everything. According to the deal, you can ask some relevant questions to the dealer:

    • What is the best pricing you can offer?
    • How can you assure me that your product or service suits me?
    • Who are your competitors and how best is your product compared to them?
    • What is the time period of our deal?
    • What is the benefit of our deals?

    Negotiate optimistically

    When you are negotiating, have faith and compassion. It is commonly observed that in negotiations we tend to become defensive as we wish to make the best deal in our favour. But if each other know their strengths and weaknesses, it will be easy to come to a win-win situation. Feel comfortable to set the deal and think optimistically rather than turning off the deal. In this case, both can have mutual benefits.

    Make several offers

    Instead of one offer, make several offers till the party is satisfied. Make two or more offers, so that the party gets more options to accept the negotiation. If a lot of confusion arises between both of you, you can even contact a third person to have a perfect deal. This will not only make the negotiation easy but also gives a creative solution.

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    Walk away if the negotiation fails

    The negotiation will be succeeded if you have a positive mindset. Don’t think negatively during the negotiation. Always stay neutral. You tend to close the deal if the party does not accept your negotiations and has a lot of negativities during the arrangements. Always know that you will make hundreds of negotiations in the future. And keep the space open for many opportunities. Don’t force the party to make a deal that does not have any benefits to you.

    Close the deal with confirmation

    Negotiation skill | close the deal with confirmation
    Negotiation skill | close the deal with confirmation

    At the end of the deal, know how to end the negotiation. It is important to make a recap of the whole arrangement though the negotiation has succeeded or failed. If the deal happened so is a success confirm it and make appropriate follow-ups through emails or letters. Do not leave behind any confusion.

    Conclusion

    Negotiations are part and parcel of any type of business. Negotiating is a kind of CHESS, you should be wise enough to answer instantly at the right time. For this to happen you should have made proper preparation and have the skill to present everything well. It is also important to stick to your own principles so you don’t compromise on the deal. Be ready to give concessions but do not go low. If you know the technique of striking a bargain then don’t think of perfections.

    FAQs

    How to keep the negotiation professional?

    Always have a good and optimistic arrangement with the party. Choose the right words and be strong in making the deal. If the deal is professional then the relationship between you and the dealer can be taken forward.

    What is negotiation?

    Negotiation is a strategic deal that resolves an issue that will be acceptable to both parties. It finds the common ground and benefits each other.