StartupTalky

Tag: 📖 Learning

  • 13 Common Mistakes That Startup Founders Make in Their Business

    ‘Money can solve anything’- this is the first thought that comes to the mind of most of the startup founders. The startup founders live in the biggest myth of life that, once they have funds for the business, their startup will automatically run. This is the biggest lie and one of the common mistakes that startup founders make and that has ruined many great startup plans. The seed funding is the first step in the path of a successful startup, but never assume it as a final destination, because the road is very long after this. Launching a new startup is like a raising baby. After the launch of the startup, comes the biggest responsibility. You need to plan the whole life of your baby and provide everything to them. So just like it, after getting the initial investment, planning and using it properly to boost the startup is important

    When you are beginning with your startups, with all your excitement and passion, the only thing that you want to concentrate on is how to become successful. You do every possible thing to achieve your dreams but being an entrepreneur is not an easy job. One needs to burn their midnight oil for that. While being an entrepreneur, there are mistakes one can make which may disrupt the process of reaching the top.

    Numerous startup founders fail to manage it after the seeding step, as they had utilized their all energy in getting the funding. The startups usually fail because they fail to deliver their promises and fail to manage their team. These are the two major reasons behind the downfall of many startups. However, they are not only mistakes made by the startup founders, there are many other common mistakes that startup founders make in the bucket. I have rounded up a few mistakes that you need to avoid at any cost to be successful. In this article, we will talk about the Common mistakes that Startup Founders make in their businesses.

    Overthinking and Underthinking
    Wrong Investments
    Poor Planning
    Incorrect Estimations
    Decision Making
    Hiring
    Being Organised
    Avoiding Suggestions
    Neglecting Budget
    Marketing
    Confusion
    Forgetting About Bookkeeping
    Unwanted Expenses

    Overthinking and Underthinking

    Thoughts should be big and the start should be small. Overthinking in terms of business may affect the revenue and process of work, plus it doesn’t help you in reaching a conclusion or solution to your problem. Instead, it leads to the creation of problems that are not even there in reality. Decisions should not be risky and should be taken after thinking and evaluating the entire situation properly but too much overthinking can lead to a missed opportunity.

    On the other hand, underthinking any situation is also one of the main causes that may affect the business. One needs to dwell deeper, when there is a need, rational thinking is needed so that effective leadership can be formed.

    “Take time to deliberate, but when the time for action comes, stop thinking and go in” – Napoléon Bonaparte

    Wrong Investments

    In terms of startups and new entrepreneurs, investment is quite a big concern. Be aware of your expenses and savings. Higher Investments in a product without assuming the demand may damage the economy. Investments should be made after analysing the demand for the product.

    Poor Planning

    Everything needs a plan, especially when you are starting a new business, planning becomes mandatory. The plan will guide you through every stage, it is like the GPS that will take you to your ultimate destination. However, wrong planning can create havoc in your dream business. Rough ideas for saving money should not be encouraged, it can cost you your dreams. Pre-planning for saving money should be made keeping the situation in mind be aware of your target audience and concentrate on making products and services according to them.

    Incorrect Estimations

    Estimations of cost should be appropriate. Underestimating the order for developing the business may lead to loss of money and affect the financial state of the company. Thoughts should be appropriate to the situations which include time, surroundings and environment of the market. Always estimate the value higher than that of the original price to keep any sudden expenses in check.

    Decision Making

    While taking decisions entrepreneurs should take care of the situations they face. One wrong decision can lead to the death of your dream startup. The decision should not be risky and made at the right time. Taking risky decisions at the beginning stage should be avoided in order for better growth.

    Hiring

    The hiring of the staff should be less during the initial stages. A huge number of staffs in the starting point with less amount of work will cause a crisis at the time of salaries. Hiring a fulltime staff when a part-time can do the job perfectly is unnecessary.

    “It’s expensive to hire the wrong people. If they leave it’s expensive. If they stay it’s expensive.”― Nathan Mellor

    Being Organised

    Avoid being unorganized. You have to follow a procedure in order to make your startup work. Have your plan and goals sorted in your mind. Jot down on paper your list of priorities in order to stick to the plan. Maintain an organised format for all you want to accomplish. When you begin with a startup, a number of things happen at a time, so listing them according to your priority and then finishing them is the best you could do.

    Avoiding Suggestions

    Don’t avoid suggestions and decisions that people give. Learning from the experts always helps to avoid some loops in the field of A particular business. a person with experience can definitely be of your help if you decide to listen to them. The words of the peers should be paid heed to.

    Neglecting Budget

    Maintaining the budget should not be neglected. Planning on the budget in order to avoid spending extravagantly is required. The budget should be maintained for growth and development. Budget planning should be made locally so that it helps us to maintain the economic growth of the business. High budget tenders should not be encouraged.

    Marketing

    Marketing of the business should not be neglected, it is one of the most important factors for the survival of your startup. It should be clear and sharp so that it reaches the target audience. Marketing at the starting stage should not be very elaborate as these marketing conditions affect growth. A proper marketing strategy has to be made so that your business can be visible in front of your customer and they can get attracted to it.

    Confusion

    Avoid confusion in assigning work while maintaining the budget. Confusion may lead to stress which in turn affects progress. Confusion should be avoided in terms of marketing too. It should be straight so that people can get convinced easily. Creating confusion will only be haphazard for the business.

    Forgetting About Bookkeeping

    To utilize the money properly and keep it from wastage, make the required documents and accounting records perfectly. To avoid the common mistakes that startup founders make these points to be noted. Bookkeeping is a major part of a successful business. You need to record all the expenses and incomes accounts to tally the growth of the business. You need to record all the petty and big cash expenses daily.

    Unwanted Expenses

    You do many unwanted expenses in the daily course, which can be easily avoided or can be minimized. So identify those expenses and reduce them to a minimum level. Don’t spend money on the decor of your office to attract customers, as they are here for the product. Don’t hire unwanted employees like receptionists, if you are capable of handling your own business calls and making your own coffee.

    Conclusion

    Startup founders make many mistakes after getting the seeding. While building a business, mistakes need to be avoided. Although mistakes are a part of our life and they are inevitable, it is important to avoid these mistakes that will do nothing but lead to problems in your business. Even when you make mistakes, learn from them and try to not repeat them.

    FAQs

    What causes startups to fail?

    Most startups fail due to insufficient financial resources.

    What percentage of startups fail?

    90% of startups fail in the first 5 years of the company in India.

  • How to Start Freelancing in 2022? (Complete Beginners Guide)

    Let’s face it. A job can be highly demanding at times. Considering all the nuances of work and how important work-life balance has become over the years — choosing the right kind of career that allows financial as well as social freedom is crucial. There are many questions that arise when we embark on the journey to build our careers, and ‘Freelancing’ as a career option seems like an answer to most of them, if not all.

    There are perks that come with everything in this universe. Freelancing is no different. The flexibility, the freedom and the adrenaline push that something as spontaneous as freelancing gives to an individual are second to none.

    The freedom to the plugin at your own convenience at any time, anywhere is a major influencer, as it opens up a plethora of possibilities for individuals. There are perks, there are golden nuggets, indeed. But, then just when you were diving into the pros associated with the freelance mode — the question takes over: How to start as a freelancer?

    Well, we’ve got the answers. Get your notebook, grab the pen or simply bookmark this — as this will be the only manual you’ll ever need to start as a freelancer in 2022. Read on!

    How to Start as a Freelancer?
    Things to Keep In Mind While Working as a Freelancer

    How to Start as a Freelancer?

    Identify Your Purpose — Your Calling

    What makes you freelance in the first place? Is it just another gig generating machine for you, something that you want to get into for the sheer experience or considering freelancing as the replacement for your existing job or business?

    No matter what the questions are, the answer lies in the freedom that comes with ‘freelancing’ as a career, overall. The freedom of choice is what makes this appealing, and we are sure you love both — freedom and the choices.

    What Can I Do Better Than Others — My Offering & Services?

    Identify your skills. Discover what you can do better than others. Are you good with writing, or you’ve got a great voice? Figure out what works well for you — something that can be converted into a service.

    Turning your skills into a marketable service is the stepping stone towards a freelancing career that you can be proud of. Understand the pain points of your prospective clients, what daunts them and how you can make a difference?

    It is integral to understand that clients look for solutions to their existing problems, or challenges that they face in their business. A successful freelancer often steps into the shoes of his/her client to identify the hurdles and then comes up with a solution to address the same. How you address the issue, and what you offer — define your journey in this space. A brief description, a CV and a freelancer profile are some prerequisites before you crack onto the pricing.

    Who Needs Me? It Is Time I Find My Target Audience

    “Phew. I’ve got a skill that I can market and sell, but… to whom?”

    You have to ask yourself questions, in order to get the answers right. Now that you’ve got a skill that you can offer, it is important to identify the potential fit for your service. Your target audience will be instrumental in your journey as a freelancer. Your target market may have the same set of problems or identical characteristics confined to a specific industry — things that are important to get hold of, before embarking on the journey.

    I Am Everywhere — Reach Out to Your Prospective Clients

    You’re good at something? Great. But, is that enough? No. When you’re new to the freelancing arena — you’ve to be vocal about your services and the positioning statement to top it all.

    Getting your first few adaptors can be tough, clients who trust you and work with you. However, freelancers can reach out to potential clients through a number of channels, whether it be the generic freelance posting platforms, networks and the ‘word of mouth’ instrument or the traditional, cold outreach.

    Everyone has their own mantras that work for them. As a beginner, the onus rests upon you to find yours.

    It Is Time When I Ace the Price — Getting Your Pricing Right

    Pricing Structure
    Pricing Structure

    Service — sorted. Target Market — done! What’s next? Well, it is time we start talking about the money in the bank, lol!

    There are brackets, categories and market conditions that may influence your pricing structure, but the key is to analyse, adapt and ace — in the end. Analyse what other freelancers are charging for similar kinds of service, be adaptive with your pricing and ace the game with a pricing structure that helps you reap the profits without compromising on the flexibility.

    Your pricing may depend on various factors, including the likes of experience, industry, project timeline, complexity, list of deliverables, urgency as well as the location that you’re operating.

    There are no formulas here. No set of rules or norms that confine you to a specific pricing structure. Thus, it is better to not overthink it and start with a price that you’re comfortable with. There’s no bar for your pricing and growth — as you can always modify it in the future, so getting started is the key.

    Flaunt Your Skills — Assembling a Lucrative Portfolio

    Flaunt Your Skills
    Flaunt Your Skills

    They say you’re as good as your work. Rightly so, a great portfolio works wonders for your profile and career as a whole. An ideal portfolio showcases your work and your achievements and signifies the quality of your work and the things you’re capable of.

    Your portfolio should speak about your expertise, the kind of work you do and what the client can expect if he/she works with you. A strong portfolio is the culmination of case studies, testimonials, mockups and everything that concretes the superior work quality of the freelancer. Now, when you know it all — start flaunting.

    What’s Better Than a Great Proposal?

    When you know about your abilities, skills and what you can do — feel free to chalk things out and come up with an intriguing proposal that they can’t refuse or wouldn’t want to. The right kind of proposal can land you that gig of your dreams, so it is time you be considerate about it.

    An ideal proposal also duplicates as a sales or offers a copy of your services, and hence, a lot of effort should go into it. The key is to establish a friendly tone without losing professionalism and your proposal needs to do just that, again and again.

    The Currency of Relationships Ft. The Clients

    As freelancers, your clients are your livelihood. They are whom you do business with, the ones who’ll endorse you and be with you in the long run. It goes without saying, a positive relationship with your client is what would make or break you in the sector. While a good & healthy relationship would mean recurring business opportunities and great referrals, a negative reputation can quickly make you irrelevant in the grand scheme of things.

    The 9 Most Popular Types of Freelancers
    What are the different types of ways you can freelance in India? This article is all about the most popular types of freelancers you could find out there.
    StartupTalkyNiku Mandal

    Things to Keep In Mind While Working as a Freelancer

    It is important to keep the following in mind while working as a freelancer:

    Nothing Beats Great Work, Ever

    Good work outlasts everything else. Understanding clients’ problems and solving them with your services goes a long way in establishing a long term relationship between both parties.

    Communicating Is the Key

    Communication is a powerful medium to establish long-lasting business relationships and make clients hold on to you for the future as well.

    Consistency Above Everything Else

    On-time delivery and uniform consistency go a long way in building trust so that clients can count on you for the future as well.

    Under Promise, Over Deliver

    Going out of your way to produce excellent work doesn’t just benefit the client but also affirms your position as a great asset to any team, company or business.

    Conclusion

    With all of the above being mentioned, freelancing continues to be relevant and is expected to grow at an unprecedented pace in 2022 as well. However, considering all of it — as an individual, the ball is in your court. It is up to you to decide how you want your career to shape amidst all the competition and demand. Freelancing is here to stay, and it is not an option. It is a decision. An integral one.

    FAQs

    Which work is best for beginner freelancers?

    Bookkeepers, Social media managers, Graphic designers, Photographers / Videographers, and Video editors are some of the most in-demand work beginner freelancers can get into.

    How can a freelancer start with no experience?

    Create an outstanding portfolio, get the pricing right, reach out to clients, use a freelance platform to find gigs, and build a positive relationship with your clients.

    Is freelancing a good option for beginners?

    Freelancing is a great career option for beginners but finding gigs in the first few months or years can be difficult.

  • A Complete Guide on Affiliate Marketing for Beginners

    It looks like magic. Isn’t it? Set up a website, add a few affiliate links, and boom — you unlock an income stream that promises to stay and grow with you!

    Affiliate marketing has been a promising revenue stream and a lucrative career as many bloggers have been raking in big mullahs with some even making six to seven-figure income every year via affiliate marketing. With that being said, not everyone makes it big with affiliate marketing but the right tips and strategies can push you towards better possibilities.

    Before we dive into the ways to get started as a beginner with affiliate marketing, let’s try and understand what it actually means. Here we go:

    Affiliate Marketing — Understanding the Basics
    How to Get Started in Affiliate Marketing Business?

    Affiliate Marketing — Understanding the Basics

    In simple terms, affiliate marketing refers to the process of earning in the form of commissions, every time you drive a sale by promoting products that may belong to a company, network or channel, overall. With affiliate marketing, the payment only happens when there’s a positive sales conversion which constitutes the core of affiliate marketing.

    While everyone’s been daydreaming about affiliate marketing and how they’ll be getting their dream car and dream house with the affiliate income, things aren’t as simple as they may seem at the first glance. Before getting to know how to embark on your journey in affiliate marketing, it is important to know where to get started.

    There’s a lot of research involved here — right from finding the right kind of merchant partners you can bank upon to getting hold of high commission affiliate programs. To make things easy, here’s a checklist that will help you embark on your journey as an affiliate marketer. Keep reading!

    How to Get Started in Affiliate Marketing Business?

    1. Identify Your Niche

    Have your own space, and ace it. Every affiliate marketer out there operates in their own specific niches, as you influence the right kind of audience along the way. Marketers who target too many niches at once become irrelevant as their positioning statement falls flat.

    So, discovering your target audience is crucial as it lays the foundation for your affiliate marketing journey. Whereas the right niche can make things smooth & easy, targeting the wrong niche can make life tougher for you as an affiliate marketer.

    2. Understand The Market Demand

    Market Demand
    Market Demand

    It’s important to understand the market demand for your niche. When you embark upon the affiliate marketing journey, it is important to ask yourself questions like:

    • Are people really interested in my niche, or will they search for it?
    • Is the demand consistent for my niche?
    • Is there a lot of competition involved in the category?

    Getting answers to these questions will help you figure out what works for consumers and what doesn’t. You can make use of tools like Google Trends that showcase how frequently a user searches about a particular topic on a scale from 0 to 100.

    Validating the market demand is the stepping stone toward a successful affiliate marketing career. If there’s consistent demand for your product or niche, you’re more likely to succeed in the long run.

    3. Competition — Where Things Get Tricky

    Business Competition
    Business Competition

    If there’s a lot of competition in your niche, things can quickly get tricky for you as more competition isn’t always better.

    In order to understand the level of competition in a particular category/niche, one can use keyword research tools like Kwfinder, Ubersuggest and SEMrush to quantify Google searches and understand the level of competition.

    4. Affiliate Programs — Cracking the Right Ones

    Niche? Done. Competition? Analysed. Great!

    When you’ve done your homework right, back it up with the right kind of research for the ideal affiliate programs for your niche. This is where whatever you’ve learnt as an individual comes into play. Picking up the right programs not only increases your chances of being successful but also gives you an opportunity to maximise profits (commissions) alongside.

    ‘Well I understand but what is an Affiliate Marketing Program — in the first place?’

    Ah. Let us explain!

    Affiliate marketing programs are the platforms that act as the bridge between merchants and affiliates. These programs provide a common platform for both the parties to commence their relationship and grow along the journey.

    However, there are a few questions that demand answers here. They are:

    • How much commission am I going to make from this program, highly likely?
    • Can I relate to the programs and the brands that are a part of it?
    • What kind of merchants is on board with the affiliate program?

    It is important to understand that identifying the right kind of program is integral to your success. These affiliate programs provide you with the opportunity to build profitable partnerships — something that we shouldn’t miss out on.

    5. Affiliate Marketing Methods — Choosing the Right Method

    How do I showcase the right content to my audience, so that it converts to sales and thus — commissions!

    Well, there are different ways through which one can accomplish the goal. However, at this outset — let’s talk about the most popular ones.

    • Running blogs, creating websites & promoting across marketplaces.
    • Running paid ads & Social media.

    The mentioned ways may seem limited but they quality as among the most legit ways to do affiliate marketing.

    Although many may argue that a website isn’t needed to start with affiliate marketing, having one is an absolute no-brainer owing to the kind of flexibility it allows. It can not only land you better programs but also help you be successful by creating multiple revenue models backed by profitability. A domain, hosting and an email address is all that you need to get started with your website.

    6. Content Is the Kingdom — Own It

    The phrase ‘Content is the king’ never gets old for obvious reasons — as it addresses the elephant in the room, the fact that there’s no substitute for great content. However, consistency is that key that makes us understand that it ain’t the king, but the whole kingdom. No rules, no algorithm &  nothing — confines great content as the whole of the internet becomes the stage for a great piece of content.

    Being consistent and coming up with great content is what is going to make you stay relevant in the long term. There should be something that keeps people hooked on to your website, product or niche and content seems to be that missing piece of the puzzle for affiliate marketers and blog owners.

    You need not go bonkers with your vocabulary to produce a great piece of content. It can be something as simple as this article that may do the trick for you. This is because, at the end of the day, it is all about delivering value in some way or the other. But what kind of content makes things easy for an affiliate marketer? Now, that you’ve got the right niche and a beautiful website — it is time you crack the content game!

    Here’s how one can zero down upon the right kind of content:

    Product Reviews: Writing product reviews about different products and services from your niche, qualify as one of the most effective strategies to ace the game of affiliate marketing. Brands are constantly looking for product reviews that convert customers, so writing content around the same can be a wise decision for obvious reasons.

    When done well, this can quickly turn your website into a revenue generation machine. So, better be serious about it!

    Blog Posts: Much like product reviews, blog posts are a great way to convert your visitors into potential customers for your affiliate products. By addressing common problems or issues faced by your target market, you can position yourself to make crucial recommendations in the future to your visitors — which can eventually convert into sales.

    List of Affiliate Networks to find best Affiliate Programs
    Affiliate networks help you to find the most suitable affiliate program related to your content. Here are the best affiliate networks you should be using.
    StartupTalkyAlan Joseph

    Conclusion

    Consistency and Quality is the key to both content and affiliate marketing as a whole. Maintaining a constant quality that makes readers trust you plus endorsing the right products and niches, would go a long way in making your affiliate marketing journey — fruitful and rewarding.

    There are other mediums too, through which you can start as an affiliate marketer whether it be google and Facebook ads, emails, social media, groups, professional networks or sites like YouTube and Twitter where you as an affiliate marketer, can build an audience over the time and convert it later on, by influencing them to purchase your products and services, thus — driving sales.

    However, it is important not to expand into many mediums all at once as the consistency is a product of focus, dedication and timing — things that’ll determine your journey as an affiliate marketer in the times to come.

    FAQs

    How do I start affiliate marketing as a beginner?

    Identify your niche, understand market demand, and choose the right affiliate program.

    Is it easy to become an affiliate marketer?

    Getting into affiliate marketing is easy but excelling in it is not easy.

    How much money can you make as an affiliate marketer?

    You can make $150 to $300 per day, some experienced marketers also make $1000 a day.

  • What is ePacket Tracking? | Everything You Need to Know About ePacket Delivery

    Epacket tracking is another feature of ePacket shipping services. It is a convenient form of self-service made for the customers. It allows buyers to track their parcels through official sites such as USPS, China Post, or EMS for free.

    Once the manufacturer dispatch the parcel, it is listed on the site. The customer gets a code to identify their package. They can track when the parcel reaches a destination by merely typing the information on one of the search pages on the website. All undelivered good is returned to the sender to make refunds easier if the customer does not receive their packages.

    This feature is highly convenient both for the customers and the business owners. It allows customers to know the exact location of their parcel and how long they have to wait. In turn, it prevents the sellers from needing extra customer services. As a business owner, you can also use these delivery confirmation notes as proof to build your brand along the way.

    In this article, we will talk about everything you need to know about ePacket delivery. So, without any further ado, let’s get started.

    What Is ePacket Tracking?
    Which Countries Have ePacket Delivery Available?
    Who Delivers ePacket?
    How to Track ePacket?
    Benefits of e-Packet Service

    What Is ePacket Tracking?

    Epacket delivery is a part of the shipping deal when you use ePacket shipping. It was initially used mostly by merchants from Hongkong and China to send out parcels to the US. It is affordable and faster than regular courier services, so it is now available in many countries, over 46 countries, to be exact.

    When the manufacturers dispatch the parcel, it is delivered to a final destination, which the local companies handle. By “local,” it means the carriers who operate in the country such as the Post Office, Royal Mail, USPS, Canada Post, Japan Post, and others.

    These local carriers have their service charges and processing fees. The parcel also has to meet specific criteria for delivery, and these criteria differ for each carrier and country.

    Which Countries Have ePacket Delivery Available?

    There are 46 countries that have ePacket deliveries available for now and they are:

    • Brazil
    • Canada
    • Australia
    • Austria
    • Belgium
    • Croatia
    • Denmark
    • Estonia
    • France
    • Finland
    • Germany
    • Great Britain
    • Gibraltar
    • Hong Kong
    • Indonesia
    • Hungary
    • Greece
    • Italy
    • Israel
    • Ireland
    • Latvia
    • Kazakhstan
    • Japan
    • Luxembourg
    • Lithuania
    • Malta
    • Mexico
    • Malaysia
    • New Zealand
    • Norway
    • Netherlands
    • Russia
    • Portugal
    • Poland
    • Spain
    • Singapore
    • Saudi Arabia
    • Sweden
    • Switzerland
    • Ukraine
    • United Kingdom
    • United States
    • Vietnam
    • Thailand
    • Turkey
    • South Korea

    Who Delivers ePacket?

    Epacket delivery constitutes a network of carriers. There are several people involved in the delivery process. The first is the carrier based in Hongkong or China who delivers the package to the international border. It is then taken to the international carrier to the destination.

    After it is picked up by the international carrier from the border, it goes for delivery to the respective country’s carrier—the national carrier then distributes it to the states through different agencies. The delivery process may differ for each parcel depending on the destination and the carriers responsible for each area.

    Epacket delivery does not provide door to door services. They only deliver it to the customs, and the rest is left up to the local services. In some cases, if the destination is under high priority and security, there can be some exceptions arranged directly with the service providers. If not, you will have to depend on your local delivery services to deliver the package to the address.

    How to Track ePacket?

    ePacket service offers their customers the option of end to end tracking, for that they don’t charge any additional cost. Through this, the location of the package can be monitored on the official website of the e-Packet delivery company. There is also an assurity that, if the package is not delivered by the merchants, the refund will be given to the customers. ePacket tracker helps customers determine where their package is and when can they expect it, it is totally self-service.

    Apart from using the official website to track your package, third-party tracking services are also available. Some of the websites are:

    • 17track.net
    • AfterShip ePacket Tracker

    Benefits of e-Packet Service

    More and more countries are now engaging themselves with ePacket services. Some of the advantages that make it popular are:

    • It is faster than normal package delivery systems. It is said that within three weeks shipping of the package from China is delivered to another part of the world.
    • The shipping charge is cheaper than any other delivery system.
    • You can track your package very easily with the use of official websites.
    • If a package is not delivered, refunds are provided to the customers.

    Conclusion

    ePacket delivery is a popular shipping method, especially in Hong Kong and China. Apart from them, it has also become part of different countries’ shipping methods. The E-commerce industry is evolving regularly, so one needs to stay updated about the different shipping methods. With ePacket deliveries advantages, it wouldn’t be long before it will become one of the most popular methods of shipping.

    FAQs

    How long does it take for an ePacket to get delivered?

    ePacket packages take less than 30 days to get delivered.

    Does ePacket delivery let you track your order?

    ePacket delivery lets you track your order without any additional cost.

    Is ePacket delivery safe?

    ePacket delivery is safe for both merchants and customers.

  • 12 Downsides of Being Rich

    Money is the most important thing in this whole world, without it, humans cannot survive. There is hardly anyone in this world, who doesn’t want to be rich and spend money without checking out the left balance in their pocket. Everyone is dreaming to be the wealthiest person so that they don’t have to worry about anything.

    However, we also have the demerits of being rich. Every one of us has heard the statement that “Money can’t buy you happiness”. Unfortunately, it is the correct statement. Having money can solve hundreds of problems in your life, but it also creates thousands of new problems for you.

    Before enumerating the problems of being rich we quickly throw some light on the definition of being rich. This would help you to understand the possible problems which you face after being wealthy and prosperous in life. Rich people are divided into two categories –

    • Self-made rich
      The person who had worked hard and given all their efforts to live life like they own the world are self-made wealthy people. This segment of people has utilized more than half of their life earning the wealth and another half in some luxurious farmhouse with enormous bank balances.
    • Trust-funded rich
      This category of rich people is sustained by their previous generation’s money. They didn’t have to hustle hard to raise money from scratch, which leaves them with no experience of work in life. They only had to look for ways to make it bigger and sustain the wealth.

    Being rich might seem like every problem of your will get solved in just a snap of your finger. However, the reality is far from that. In this article, we will talk about the disadvantages faced by people, while being rich. So let’s get started.

    “It’s good to have money and the things that money can buy, but it’s good, too, to check up once in a while and make sure that you haven’t lost the things that money can’t buy.”
    -George Lorimer

    Disadvantages of Being Rich

    Being rich has its own advantages and you know the advantages very well but you are here to know the disadvantages of being rich and we will briefly narrate the problem you have to face if you are wealthy.

    • As per history, most wealthy people have stayed alone for a lifetime. Some people choose to be alone and other stays alone because they have never found the right partner to share life with, as they are too busy to make money. All the rich people have somewhere crumbled their relationships with their closest to build their careers.
    • Wealthy people are not able to spend personal time socialising with people. As per a report, people with higher income spend 90.6 evenings with their family, 60.6 evenings with their neighbours and 65.6 evenings with friends. While people with lower income spend 96.4 evenings with family, 64.9 with neighbours and 61.1 with friends.
    • Undoubtedly, if you are rich it will be tough to find a true friend because most of your friends will be with you for the money and power. It becomes a legit difficult situation to share your deep secrets of life and get some friendly advice.
    • You’re automatically subjected to the rumours of the town. Hungry reporters will hunt you for top news for their channel TRP. Everyone is interested in your personal life and wants to know your secrets. If they don’t find any spicy news, then people go creative and create rumours about you. You need to bear all the nonsense of the people and remain unaffected.
    • People focuses on your wealth more than your characteristics.
    • You will be called in 90% of your friend’s hangout to pick the tab and pay bills. As you’re rich, so you are supposed to pay the bill every time.
    • Every friend and a relative who have a startup plan will drag you to fund their plan. Otherwise, you will be considered a rich snob.
    • Rich folks have trust syndrome. They can’t trust anyone easily and so they have to cross-check every strong intention, before considering them as a friend.
    • The rich people have to get comfortable with higher taxes. In fact, taxes are an obvious downside that many millionaires and billionaires try to avoid by putting money in offshore accounts.
    • Fake friends are abundant. Many men and women want to hang out with you if you are rich. When you tell them you lost all your money, they will start avoiding you and disappear from your life.
    • While becoming rich, you had to sacrifice a lot. Birthday parties, vacation and many other important events of your closed ones. This do take a toll on your personal relationships.
    • Criticim is part of wealthy, you’ll find people disliking you and criticising when they don’t even know you.
    • People will treat you differently, they might thing that just because you’re rich, you can’t have anymoreproblems.

    Conclusion

    Being rich may come up with lots of benefits but there are a few the struggles that rich people also have to face in their daily life. Sometimes, even money cannot solve your problems, even though it solves most of them. We cannot ignore the new problem that accompanies wealth.

    FAQs

    Who is the richest person in the world?

    Elon Musk is the richest person in the world, with a net worth of $274.3 billion.

    Who is the richest person in Asia?

    Gautam Adani is currently the richest person in Asia.

    What are the disadvantages of being rich?

    Rich people become addicted to money, ignore close relationships with friends and families and often buy unnecessary expensive things.

    Who is the richest woman in the world?

    Francoise Bettencourt Meyers is the richest woman in the world.

  • Top 8 Practical Tips on Cryptocurrency Trading

    Cryptocurrency has taken the world by storm in just a few years, there is hardly anyone who doesn’t know about it. It is always in the news and is creating a huge demand amongst people, especially the youngsters. People are taking an interest in them and are finding them, a good form of investment.

    The new form of digital currency is making noise, as big companies are accepting them as the new form of payment. Plus those who have invested in them have received quite a good number of profit. The recent trend is not going to die any soon and that is why not only youngsters but also other people are taking an interest on investing on cryptocurrency.

    Trading on cryptocurrency has increased, as it is available for 24 hours a day and seven days a week and is said to be one of the easiest way of making money from this market. In this article, we will talk about how to deal with crypto coins. If уоu аrе slowly heating uр fоr crypto-coins аnd wаnt tо bесоmе a successful professional trader, these tips are for you.

    Start Modestly
    Do Not Insist on Negotiating on Everything
    Stay Sober
    Significantly Diversify
    Understand How Trading Work
    Purpose of Trade
    Set a Target
    Market Cap Is the Key

    Start Modestly

    Yоu’vе heard thаt cryptocurrency prices аrе rising fast. Yоu’vе рrоbаblу аlѕо received thе news thаt thіѕ uрwаrd trend mау nоt lаѕt lоng. Sоmе pessimists, chiefly thе esteemed bankers аnd economists, оftеn gо оn tо nаmе thеm аѕ quick enrichment schemes wіth nо stable foundation.

    Thіѕ news саn mаkе уоu invest іn a hurry аnd stop applying moderation. A small analysis оf thе market trends аnd currencies thаt аrе worth investing іn саn guarantee good returns. Whаtеvеr уоu dо, dо nоt invest аll уоur hard-earned money оn thоѕе assets. Take time, analuyse and then invest.

    Do Not Insist on Negotiating on Everything

    Thеrе аrе over 18000 cryptocurrencies in the world and amongst them there are many encrypted coins tо trade, but іt іѕ impossible tо deal wіth аll оf thеm. Distributing уоur portfolio tо a large number оf cryptos уоu саn manage effectively wіll minimize уоur profits. Juѕt selects a fеw оf thеm, rеаd mоrе аbоut thеm, аnd hоw tо gеt уоur trading signals.

    Stay Sober

    Cryptocurrency іѕ volatile. It іѕ bоth уоur curse аnd уоur blessing. Aѕ a marketer, уоu hаvе tо understand thаt wild price swings аrе inevitable. Uncertainty аbоut whеn tо mаkе a move mаkеѕ аn inefficient trader. Tаkе advantage оf detailed data аnd оthеr search methods tо mаkе ѕurе whеn tо negotiate.

    Successful traders belong tо ѕеvеrаl online forums, whеrе discussions оn crypto-coins related tо trends аnd market signals аrе discussed. Of соurѕе, уоur knowledge mау bе sufficient, but уоu nееd tо rеlу оn оthеr traders tо gеt mоrе relevant data.

    Significantly Diversify

    Practically еvеrуоnе wіll tеll уоu tо expand уоur portfolio, but nо оnе wіll remind уоu tо deal wіth currencies wіth rеаl uѕеѕ. Thеrе аrе ѕоmе low-quality coins thаt уоu саn handle fast money, but thе bеѕt cryptos tо deal wіth аrе thоѕе thаt solve thе existing problems. Coins wіth uѕеѕ іn thе rеаl world tеnd tо bе lеѕѕ volatile.

    Dо nоt diversify tоо ѕооn оr tоо lаtе and bеfоrе making a move tо buy аnу encryption asset, mаkе ѕurе уоu knоw thе market limit, price сhаngеѕ, аnd daily trading volumes. Maintaining a strong portfolio іѕ a wау tо benefit frоm thеѕе digital assets.

    Understand How Trading Work

    Many people tend to negotiate оn a stock exchange without any basic ideas оn hоw іt works. It’ѕ a dangerous move. Alwауѕ review thе ѕіtе уоu plan tо uѕе bеfоrе уоu sign uр, оr аt lеаѕt bеfоrе уоu start trading. If thеу рrоvіdе a fictional play account, tаkе thе opportunity tо learn hоw thе panel lооkѕ lіkе.

    Purpose of Trade

    Analyse and reaslise the purpose of your trading of cryptocurrency. Yes, it is a market that provides huge profits but it is also risky and uncertain. One can suffer losses in this uncertain market as well while trading with bitcoin like cryptos. The motive will help you accomplish the goal. If there is no motive then there will not be anything that can drive you to take the risk and accomplish your goal.

    Set a Target

    Probably the most important thing is to know your limit and set a target according to that. Even if you are getting profits through your trade, you need to set a limit, that you will not cross, too much of greed can result in loss, that you may not be able to overcome. Plus setting a target can help you in cutting your level of loss.

    Market Cap Is the Key

    New traders often believe that it is better to buy token at a lowest price and then they will sell them at a higher price. This is one of the main mistake that traders can do. One needs to be aware of market cap and must pay attention on them, instead of the price of crypto coins, if the market cap is higher it is better to invest on cryptos.

    Conclusion

    Cryptocurrency is undoubtedly, a popular trend right now. More and more people are indulging themselves into this. Trading and investment in cryptocurrency seems a good option to many peopel as they chances of getting good retiurns is quite higher in this. With cryptocurrency turning into the main character, it is just a matter of time that more people will turn to crypto for investment and trading.

    FAQs

    What is cryptocurrency?

    Cryptocurrency is a digital currency that is decentralized in nature.

    Is investing in cryptos safe?

    Crypto is a highly volatile currency, so it is quite risky but it can be profitable as well

    Bitcoin is the most popular Cryptocurrency in the world.

  • Pay Per Click (PPC) – What Is It, Important Metrics, and Benefits

    Pay-per-click (PPC) marketing is a form of online advertising in which advertisers pay publishers a fee every time their ad is clicked. It is a common way of driving traffic to your websites.

    Search Engine Marketing is the most essential and popular form of PPC marketing. Search engines allow advertisers to link their ads when a keyword relevant to their product is searched by a user. For instance, if we search, “black watches,” ads from different online shopping stores might show up on the top of your results page.

    What is (PPC)?
    Important PPC Metrics
    Benefits Of PPC Advertising

    What is (PPC)?

    Pay-per-click is most commonly associated with search engines like Google Ads, Microsoft Advertising, Amazon Advertising etc. Advertisers have to bid for keywords relevant to their target audience to secure a position to display their advertisements, search offerings or product listings on these engines. All these services are managed under a PPC pricing model. PPC is used to lessen the costs of digital advertising while retaining profitability and setting goals.

    Google PPC Search Ad
    Google PPC Search Ad

    Social networking sites like Facebook, Twitter, Linkedin and Pinterest have also adopted the PPC form of advertising known as Social PPC. These ads target groups on the basis of demographics, interest or other information gathered by a particular platform.

    In social PPC, the advertiser determines the viewership of the ads, in contrast to it being led according to the user’s search terms. These ads appear on the user’s feed or timeline. The advertisers usually pay through two bidding systems: CPC (Cost Per Click) or CPM (Cost Per Thousand Impressions).

    Important PPC Metrics

    The success of a PPC campaign is essential to the success of a company. Thus, the metrics used to determine the effectiveness of a PPC campaign are:

    Conversion Marketing

    Conversions are the crux of the deal i.e. how often does a click result in a sale, it is what you are ultimately concerned about. Cost Per Acquisition (CPA) is a specific type of conversion measure and usually refers to the cost of getting a customer.

    Quality Score

    It is a number that Google assigns to the quality and relevance of your ads, keywords and landing pages. A quality score is essential in determining the position of your ad in the search engine.

    Impression Share

    It measures the rate of potential impressions that your ads are getting. For example, if there are 1000 searches for a keyword and your ad shows up 750 times of those 1000, then your impression share would be 75%.

    Click-Through Rate

    It is the measure of people who actually click on your ad to the number of people who see the ad. A low CTR might indicate that an ad is either irrelevant or isn’t compelling enough. Calculating and comparing CTR is a quick way to determine whether an ad is under or overperforming.

    Benefits Of PPC Advertising

    There are multiple benefits of using the method and strategy of PPC when it comes to advertising.

    Ads Cater to People Who Look For Them

    Ads are only displayed for potential clients who search for relevant keywords and look for particular results. This gives an advertiser more control over when, where and how an ad can be displayed.

    Easily Accessible

    Anyone, be it a startup with limited resources or just a company looking for an entry into the world of digital marketing can quickly catch up and even get a head start with the help of the PPC marketing method.

    Measurable Tactics

    PPC advertising campaigns can be strategically set up and designed to measure accurate effectiveness. You can calculate and even determine the exact amount of profit return on your investment.

    You Pay When Someone Clicks

    With most advertising methods, you have to pay a hefty cost just for securing a position for your ad. It does not ensure any visits or sales to your business. One of the most essential benefits of PPC is that you only pay when someone interacts with your ad, ensuring a chance for profit.

    Reduces Inequalities and Widens Opportunities

    With PPC you can compete with mega giants of the business who have been around for a while even if you are a website or a startup in its very initial stages, it lets you compete for customers and provides you with an edge in the world of marketing.

    Budget Friendly

    In most types of advertising, with rudimentary standards, you are stuck with a particular pricing method. PPC allows you to set your own budget and work according to it. It does not discriminate between an MNC or a small-town startup.

    Helps in Achieving Brand goals

    It offers your company brand exposure and directs traffic to your website, helping in increasing sales and profits. It can introduce your brand to people who haven’t heard of it before, thus, it creates a name for the company in the market.

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    FAQs

    What is PPC?

    PPC also known as Pay-per-click advertising is an advertising method where advertisers pay a small fee if a user interacts with their ad.

    What is an example of PPC?

    If an advertiser sets up an ad, and when a user searches for the keyword, for example, ‘best digital marketing course’, Google will position your website on the top search results.

  • How to Get a Government Loan for Startup? | List of Government Business Loans

    The entrepreneurial dreams of Indians have given the country over 94 Unicorns in recent years. This number is expected to cross a century by the end of 2022. Startups across the MSME sector have been at the heart of the Indian economy and generated millions of jobs for people across the country.

    It is anticipated that MSMEs alone contribute 8% of the overall GDP, and startups play a huge role in it. But unfortunately, not every entrepreneurial dream gets the chance to take off due to a lack of funds. Keeping this in mind, the Indian government offers various government loans to help passionate entrepreneurs make through.

    Budding entrepreneur with a revolutionary idea in mind should use the government loan schemes to transform their ideas into action. For further assistance of all entrepreneurs, we’ve curated this epic guide that has all the information on how to avail of a government loan for a startup.

    Who Can Avail Business Government Loans for Startups?
    Documents Required to Avail the Government Loan
    List of Government Loans for Startups

    How to Choose the Best Loan Ideal for Your Business?

    Who Can Avail Business Government Loans for Startups?

    How to get Government business loans for startups
    How to get Government business Loans for Startups

    Although the precise eligibility criteria would vary depending on the government loan people take, the general criteria common across all loans are:

    • The applicant must be an Indian citizen
    • The applicant must have a robust business plan
    • The applicant should be more than 21 years of age; the maximum age is capped at 65
    • The startup must be registered as a partnership firm, sole proprietorship, Limited Liability Partnership (LLP), Private Limited company, etc
    • The applicant and startup must have a good credit score

    Documents Required to Avail the Government Loan

    People willing to avail government loan for a startup should be ready with the following documents:

    • KYC documents, including Aadhar card, passport, voter’s ID card, PAN card, etc
    • Past 12 month’s bank statement
    • Self-drafted, sound Business Plan
    • Previous year’s ITR
    • Credit Rating/CIBIL documents
    • GST Documents
    • Business establishment certificate
    • Business address proof
    • Any other document asked by the lending institution

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    List of Government Loans for Startups

    Government business loans have always provided the necessary financial backing to startups. If a startup requires some financial help, the founders might want to apply for any one of the following government loans for a startup.

    Pradhan Mantri MUDRA Yojana (PMMY)

    Pradhan Mantri MUDRA Yojana (PMMY) – Government Business Loans for Startups

    Launched in 2015, this government loan scheme offers business loans to non-corporate & non-farm small and micro-enterprises. Under this scheme, startups can avail of a loan amount of up to Rs. 10,00,000. The tenure for repayment for this collateral-free loan ranges from one year to five years. Startups can avail of this loan by visiting any nearest small finance bank, microfinance institution, commercial bank, and non-banking financial company.

    The Pradhan Mantri MUDRA Yojana provides loans depending on the development stage of the startup. Hence, the applicants can find the following three segregation under this loan:

    Loan Type Coverage Yearly Rate of Interest
    Shishu Up to Rs. 50,000 1% to 12%
    Kishore Above Rs. 50,000 to up to Rs. 5,00,000 8.60% to 11.15%
    Tarun Above Rs. 5,00,000 to up to Rs. 10,00,000 11.15% to 20%

    Startup founders can apply for this loan if they’re a trader, shopkeeper, vendor, etc. Just visit any lending institution mentioned above or login to a PSB or 59 minutes portal and do the needful. They will guide further. Startups can utilize this loan as a working capital loan through the offered MUDRA card.

    Pradhan Mantri MUDRA Yojana (PMMY) – Government Business Loans for Startups

    MSME Loan in 59 Minutes

    MSME Loan for Startups Approved in 59 minutes
    MSME Loan for Startups Approved in 59 minutes

    As the name suggests, this loan offered by the government is approved in 59 minutes flat. Launched by SIDBI, this loan is ideal for small and medium-size startups that need capital assistance of under Rs. 10, 00,00,000 at a somewhat lesser interest rate. In some cases, the interest rate is as low as 8%.

    To avail of this Public Sector Banks (PSB) loan scheme, startup founders can visit the Central Bank of India, Canara Bank, Bank of Baroda, Bank of India, SBI, etc., for a hassle-free loan application process. Once the loan application is processed and approved, the applicants can get the amount within 8-10 working days. Startup founders can also visit the PSB loan in 59 minutes portal to get more details about this loan scheme and apply.

    Credit Guarantee Fund Trust Scheme for Micro & Small Enterprises

    CGTMSE for starting new Business
    CGTMSE for starting new Business

    Also known as CGTMSE, this government business loan provides collateral-free loans to startups. Launched by the SIDBI and MSME ministry, this loan scheme offers a loan amount of up to Rs. 2,00,00,000 to both new and existing startups. A special preference is given to women entrepreneurs under this loan scheme. Under the CGTMSE, startups can get a collateral-free loan of up to Rs. 10,00,000. But for any amount above this value, startups will have to provide collateral in the form of any building or land attached to the primary business.

    Those who want to avail of the CGTMSE loan can approach a scheduled commercial bank or select a regional rural bank classified by NABARD for loan approval. Both new and existing startups can apply for this loan engaged in manufacturing activity, retail trade, and service activity.

    Credit Facilitation Through Bank by NSIC

    NSIC Launched by the MSME ministry for business loans
    NSIC Launched by the MSME ministry for business loans

    The NSIC has signed an MoU with various banks to provide super-fast and hassle-free loans to different startups. Launched by the MSME ministry, this one-of-a-kind loan facility is provided by NSIC under the central government. The best part of this government loan is that NSIC also helps complete the full documentation and legal formalities to quickly avail of the loan.

    Small or medium startups needing a short-term loan for maintaining working capital or other operations should consider applying for this loan. It is a reasonably low-interest loan and can be availed by visiting any well-known banking institution like the HDFC bank, ICICI bank, Axis bank, YES bank, etc.

    Also known as CCLCSS, it is a loan provided by the MSME ministry and the government of India to startups for technology upgradation. Startup founders that own a manufacturing enterprise, textile startup, fabrication unit, or any business that uses machines and equipment should avail of this loan of up to Rs. 15 lakh to upgrade to the latest technology. This loan helps startups stay up-to-date regarding technology to withstand the competition at local and global levels.

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    How to Choose the Best Loan Ideal for Your Business?

    Now that the information related to top business loans offered by the government to startups is made available, some entrepreneurs might be confused about which one to proceed with. The answer is pretty simple. Every loan discussed above has a different purpose, interest rate, credit limit, etc. The startup founders should go ahead with the one that helps the business stay afloat and even scale in the best way possible.

    To apply for any of the above-discussed government business loans, startup founders can head to the respective website of the financial institution providing the loan, fill out the application, and wait for someone from the organization to contact them. Business loans offered by Government are sure to help you accelerate your business growth, so they should be applied for.

    FAQs

    What are the Government loans for startups?

    List of Government Loans for Startups are:

    • Pradhan Mantri MUDRA Yojana (PMMY)
    • MSME Loan in 59 Minutes
    • Credit Guarantee Fund Scheme for Micro & Small Enterprises
    • Credit Facilitation through Bank by NSIC
    • Credit Link Capital Subsidy Scheme

    How much loan can you get under the MSME government business loan scheme?

    Under the MSME government business loan scheme, as an MSME, a startup/business can get a loan sanction of up to Rs. 1 crore within just 59 minutes.

    What is the eligibility for a startup business loan?

    Eligibility Criteria for Startup Business Loan are:

    • Resident citizen of India
    • Minimum CIBIL score of 700
    • Business should at least 2 years old
    • Annual income of business should be at least INR 2 lakhs
    • Applicant Should be between 21 years to 65 years of age

  • How to Boost Productivity at Work?

    Life has become super fast and each day passes away like it’s just a matter of a few minutes. Nowadays, even 24 hours, specifically 1440 minutes seems to be less, to complete all our work efficiently. We know that time cannot be changed nor it can be rewound but our dreams and expectations remain constant. We have always heard that life is short and uncertain and without any guarantee or warranty.

    Undoubtedly, you might have thought about what to do in order to achieve all your dreams and boost productivity. Nonetheless, you might be thinking that working 18 hours a day or even more will make you valuable & worthwhile. However, this misconception will shorten your already half-used life and you will definitely feel mentally tired and irritated.

    To be constructive and profitable giving up on your dreams is not the right solution. To accommodate all your dreams and boost your productivity you need to learn to position and prioritise. However, if you spent all your day working hard and the end result isn’t worthwhile, then your hard work goes in vain. The conclusion determined here is that it’s not about how hard you work or how many hours you give, what counts in the end is, how you excel in the task. It’s important to make every single minute of the day get counted, rather than just doing a task and completing it. This Mantra will boost your output towards work and that’s how you will become successful and will be able to make your dreams come true. In this article, we will talk about how you can boost your productivity and can make every minute count. So, let’s get started.

    What Are the Secrets of Productive Morning?
    How to Be Productive at Work?

    What Are the Secrets of Productive Morning?

    The best start of a day will help to succeed. The Productive Morning Routine help to become more efficient with the limited time and energy available. But is there anything to do first thing in the morning and before the workday to become more energetic more focused and more productive? There are some strategies that will help to start a good day and help in the Productive Morning Routine.

    Early to Bed and Early to Rise

    The people who are working in the daytime are more productive when compared to those who are working at night. Some study says that people who wake up on time and go early to bed develop mental strength. The people who woke up on time between weekdays and weekends were more proactive, that is those who got up at the same time every day are considered to be more proactive.

    Think First at Night

    Sometimes people who wake up in the morning are not able to think clearly about their plans. So, some extra bit of planning at night before going to bed will help in making your next day productive. It will minimize the morning stress and give relief from strains.

    Have Healthy Food

    Food is important for being energetic at work. So, take healthy food to eat and that will give you energy, which in return will help in making your life productive. The food taken for breakfast decides the energy level of the entire day. Remember, that the body has been fasting for the past seven or eight hours and jump-starting your system with a protein-rich breakfast is recommended. It can help you to go endlessly with your daily work. Some quick and easy protein-packed options include cottage cheese, almonds, eggs, protein shakes, and Greek yoghurt.

    Self-Control Helps Productivity

    The mind is like the central processing unit which can be set according to energy. People who have a strong internal control to set the mind to be proactive can reach their desired goals. Start the day with expectations and work towards achieving them, have control over yourself and focus on your own work.

    Do Exercise Daily

    Healthy food sets the mood but doing regular exercises in a day will help to improve the mood and increase the ability to deal with the demands of work and help in boosting productivity. The people who have a habit of doing exercise regularly have a peaceful and constant mind. They don’t worry about little hindrances and just kick it away and go with their work. Exercising before work can improve the mood and increase productivity levels throughout the rest of the day.

    Meditation brings perfection

    Meditation is also one of the greatest options to take so that you can boost your productivity. If your morning routine starts by meditation, prayer, yoga and quiet time, it not only keep your mind refresh but also your body healthy. These are all great practices that can get the day off to the right start. Structured and proper meditation helps in prosperity and happiness.

    Pre Plan Your Goals

    Start the day with a prioritized list of tasks, actions and goals to help make your day productive. Everyone must set goals and targets and make the mind ready to achieve them.  prior set of list of actions done in one day, week or month.

    Always Be on Time

    Reaching office at the correct time is the best disciplinary practice. So, setting a time to reach office and doing other jobs is a good optopn. Setting prior times will make the day productive and will help you in making your day productive.

    How to Be Productive at Work?

    The most important thing for a human in this modern world is and there’s no second opinion to it. Shortage of time can easily be included in the list of problems everyone across the world complains of—rich or poor, young or old; the problem is same for all. An important component that is associated with time is productivity. One can be productive only when they uses the limited span of time available to the maximum possible extent. One can be productive at work by following all these steps.

    Multitasking

    Not everyone has the dexterity of performing multiple actions in parallel. It is a skill that comes with experience. Many out there would be inclined to disagree with the concept of multitasking citing that only one task should be focused on at a time. Well, that’s not wrong but provided you know how to prioritize tasks one over the other, making time for doing two or three things at a time isn’t all that difficult. At this age, if you are a multi-tasker, then it’s an advantage for you.

    Priority

    A common mistake that people commit and end up doing less than they had expected is not knowing which tasks need to be completed immediately and those that can be ignored for the time being. Prioritising things which are more important over those which are less important helps you stay more productive at work. An effective way of deciding which action to place ahead of others is by analyzing the future outcomes.

    Avoid Procrastination

    To be honest, procrastination is a double-edged sword; you either get the work done by the deadline or ultimately end up not doing it. By staying away from procrastination, you can be more productive work in your life. Mind you, it’s going to be a difficult task, but look at the benefits—a procrastination free individual would never take things for granted. They see a job at hand and conquers it immediately.

    Introspect and Retrospect

    To improve efficiency at work, take time to look back at your past. Your past is your best teacher and prepares you for the present and the future. At times when nothing seems to go as planned, it’s best to take a break and introspect in isolation. Maybe the solution to all the problems has been clouded by the monotony of daily life or the regular grinding at the office. Take some time out and think about what went wrong. Going over the reasons for your past work being ineffective and inefficient would turn out to be a saviour for the ongoing tasks. It stops you from making the same mistakes again and again.

    Don’t Be Afraid to Ask for Advice

    This may give the other person a sense of superiority and maybe even evoke a condescending response from them but sometimes, other’s opinions turn out to be decisive. There’s no need to feel humiliated in asking others why you are lagging behind in terms of productivity. Don’t hesitate to take some work efficiency tips from someone who works with you or observes you at work. The answers can help you in improving yourself.

    Keep Yourself Motivated

    Keep yourself motivated to stay more productive at work. There will be times when you will feel lethargic and sometimes you will not feel like working. During these times, keep yourself motivated by reminding yourself about the benefits of doing your work on time. Reading motivational books by entrepreneurs, a note with an inspiring quote by some great person on your work desk or some inspiring video, find out a way to keep yourself motivated and work your way to success.

    Give Yourself Deadline

    Don’t wait for someone else to give you deadlines. Challenge yourself, define your deadline and try to do things faster. As the famous quote says, “The only person you should try to be better than is the person you were yesterday”.

    Try to work better and faster every day. Competing with yourself and doing a serious efforts for self-improvement is one of the best ways to improve efficiency in the workplace

    Take Cues From the Next Person

    Observe how people around you function. There’s a high chance that you may stumble upon some technique to be more productive. If there is someone around who is faster and better at work, observe in what way they works differently than you. Try to adopt those habits and techniques and you will surely become a more efficient worker.

    Plan Your Goals

    Having a plan to utilize any given day or week goes a long way in keeping things organized and at the same time allowing ample room for accomplishment. As mentioned before founders have a lot of things to do, and planning about getting it done could be overwhelming. Creating a list of things to be done in a short time span is an  essential step to attaining proper time management. A list will give an air of clarity even if it is long and overwhelming. At the beginning of the week, make a weekly plan that will list the key objectives to be accomplished in the week. This will act as a guideline for the daily plan. Any activity that is not directly related to this guideline in accomplishing the weekly objective has to be analyzed and removed. A successful entrepreneur is able to identify these actions, thus having a great impact on their business.

    Don’t Get Distracted

    The key to becoming a successful business leader is the ability to stay focused. Distraction will do nothing but create disturbance in your workflow, so it is important to keep your focus on the things that are important for your work. Being able to focus on commitments is an effective strategy for time management and proper utilization of time.

    Complete the Less Important Tasks

    Every now and then there are going to be some tasks that are that are not that important on the to-do list. However, they have to be completed so it is better to get them out of the way first. Putting them off will only make the work more tedious and reduce overall productivity.

    Learn to say “No”

    Do not become a people ‘pleaser’ just because of the fear of offending someone or missing out on an opportunity. Learn to say ‘NO’ when required and it will become easier to reach goals. Saying No does not mean that younare ignoring your responsibilities, it simply means we are focusing on something that actually deserves our attention.

    Share Your Responsibilities

    Responsibilities can be shared by empowering the employees and colleagues and assigning a different role for everyone. This will not only make the employees feel like are part of the team but also improve the company’s morale and productivity.

    Understand the Purpose of the Task

    One way of prioritizing tasks is by defining the clear purpose of the task. This helps in realising which task should be done urgently. This way, it becomes easier to complete all the goals that is needed to fulfilled.

    Take the Help of Technology

    Try out new apps or tools to see how it affects productivity. Often apps and tools help in completing the task more efficiently and staying organized. Keep checking for new apps and tools to find if some might help the company in staying organised.

    Conclusion

    It is going to take a good amount of efforts to actually bring these suggestions into practice. However, these techniques will surely make you more effective at work. In today’s world, where even 24 hours seems less, humans are constantly trying to look for ways to boost their productivity and the above steps can helps them making every minute counts.