Tag: 📖 Learning

  • Esports Industry Revolution In 2020

    Electronic sports or esports, a form of sport competition through video games have become increasingly popular in today’s world. It often takes the forms of organized multiplayer video game competitions participated by the professional players either individually or as a team.

    It was initiated as a competition between amateur gamers. Still, in the late 2000s with the participation of professional gamers in the presence of a large audience through live streaming methods, it saw a huge surge in their popularity. As time went by, esports became a significant factor in the gaming industry.

    They encouraged many game developers to actively design and provide necessary funds for holding tournaments and various other events.

    Various genres of video games have become associated with esports such as the multiplayer online battle arena (MOBA), a real-time strategy (RTS), first-person shooter (FPS), fighting, battle royales, and card games.

    The Growth Of Esport Market In India: The New Booming Industry
    Esports is a form of sport competition using video games which is oftenorganized into multiplayer video games, particularly between professionalplayers, individually or as team. Esports has managed to take over the market inIndia mainly because of the growth and promotion done on online streaming…

    Popular esports has also become established like the League of Legends, Counter-Strike, Dota, Starcraft, Super Smash Bros, World of Warcraft, and many more.

    World of Warcraft

    Esports leading the market over the years

    Though esports may seem to be a niche activity, its influence and scope is massive spread all over the world that it is considered to rival even the entertainment industries.

    Many numbers can be used to highlight this feature. In the year 2018, esports brought in an astounding $906 million, with approximately 436 million viewers worldwide, and the fun fact is, over 40% of the viewers do not play the said game. For the year 2020, predicted revenues from esports is around $1.48 billion.

    The tournaments and leagues

    The millions of viewers watching the tournaments do not necessarily mean that each of the viewers is gamers, many of them don’t even know how to play the game that they watched, they are just interested in simply watching their favourite game with their friends and millions of other people around the world.

    Growth analysis of gaming industry globally and In India.
    The global gaming market was valued at $ 151.55 billion in 2019 . This industryis expected to reach a value of $ 256.97 billion by 2025. It is expected toregister a CAGR of 9.17% over the period (2020 – 2025). Gamer’s experience iswhat all the emerging comapnies are focusing at. Every company i…

    The huge amount of audience matches the figures in the prize money that is up for grabs. Profits in esports tournaments and league held such an upside that in 2017, Riot games began to sell League of Legends franchises for $10 million, and the Overwatch League franchise for $20 million by Activision Blizzard.

    Ways of viewing

    Primarily, all the viewing takes place online, but nowadays, with a rise in their popularity, larger sports channels have started incorporating the e-gaming into their schedules.

    The esports scenario up till the late 2000s was mainly for the amateurs. Still, with improvements in broadband networks and increased computational powers in both PCs and mobile phones, live streaming sites emerged and paved its way to stardom.

    So, the exponential growth of the esports industries can be credited to these live streaming platforms such as Panda. Tv, Youtube Gaming, Smashcast. Tv, Twitch and more.

    Live streaming may be the major form of viewing the tournaments and leagues, but surprisingly, there has been an increase in demand for spectators who prefer to watch them in person. Answering to this request, large spaces have been made as a platform where you can witness these games in person.

    Many of the esports tournaments have taken place in places such as the Beijing National Stadium, Cineplex Inc. in Canada, the Luxor Hotel in Las Vegas with tickets selling out at phenomenal rates.

    Sponsorships and esports fan profile

    There are various ways you can earn in the industry, but with the research of specialists that analyze the gaming and esports have reported sponsorships as the biggest moneymakers which account up to almost 40% of the esports’ total revenue.

    With the rise in popularity, the tournaments are now being sponsored by huge consumer brands such as Red Bull, Coke, Monster Energy, Mountain Dew, and even some electronic companies like Intel and Benq.

    Play station is Hiring Gamers to Play games but Here’s the catch
    This might sound like a dream come true to you, but yes Play Station is hiringgamers to play games, who are fluent in specific languages and live nearLiverpool. The applicants must be fluent in either Portuguese, Russian, orArabic. Besides, to be a great gamer you should also be fluent in thesep…

    When a profile analysis was done for the esport fans, it was found that 75% of them were males and the remaining 25% were females, consisting of viewers from all age groups, the maximum belonging to the age group of 25-34, followed by those ageing 18-24.

    World of Warcraft esports

    Launched back in the year 2004, World of Warcraft has come a long way from being a bedroom fantasy world to become a worldwide phenomenon as the most popular massively multiplayer online game.

    It has maintained its spot as the top MMO game till present date with continuous improvements being introduced to maintain its spot.

    The foundation for esports was laid by Blizzard in 2007 when it announced the embracing of esports at the annual fan expo, BlizzCon as a three vs three arenas.

    This was the start in its journey of esports with the addition of many other events along the years. With the increasing popularity of esports over the years, WoW has stepped up on its competitive scenes, and the prize pools and fan support has also tremendously grown.

    The year 2010 saw the first attempt to raid experience by bringing out the #1 guild Paragon on stage to fight against the bosses of the past raids. It was at 2011 that we first saw a glimpse at the Race to World First where the guilds Blood Legion and Vodka has to go head-to-head on stage to finish the 25-man raid first. This was repeated in 2013.

    In 2017 and 2018, Blizzard bought the Mythic Dungeon Invitational (MDI) – the second pillar of World of Warcraft esports – to BlizzCon. In this event, the best teams from all over the world – Europe, China, Asia-Pacific, America – to the battle stage and become the MDI Champions.

    The on-stage teams had to fight through the same dungeon using any five-person composition as per their preference, with the same affix combination.

    The team that kills the last boss and achieves a 100 per cent clear competition percentage, and is awarded for killing a certain number of non-boss mobs in a dungeon will be crowned as the champion.

    Though MDI was not focused on the PvP side of esports, it still felt like a more natural fit for the World of Warcraft. By 2019, the name would be changed to Mythic Dungeon International heading to the new expansion of Battle of Azeroth.

  • Online Shopping Tips That Can Save Your Money

    Online shopping industry has seen one of the most highest surge in recent times across the globe. With a wide range of e-commerce websites available and easy access to them through our mobile phones, laptops, tablets etc., consumers can buy anything and everything at their comfort without the actual hassle of driving to the store, finding a parking lot, walking through the store to find the products and often need to stand in long queues at the cash register.

    Shopping through e-commerce platforms helps consumers avoid these disadvantages. With online shopping, a person logs onto the Internet, visits the store’s website, and chooses the items she desires. The items are held in a virtual shopping cart until she is ready to make her purchase. The shopper can remain in her pajamas as she does her shopping, and the process can be conducted in the wee hours of the morning or late into the night. Online stores never close – they’re open 24 hours a day.

    · Online shopping is expanding so fast that the market size is expected to hit 4 trillion in year 2020.

    · The countries with leading average eCommerce revenue per shoppers are: USA ($1,804), UK ($1,629), Sweden ($1,446), France ($1,228), Germany ($1,064), Japan ($968), Spain ($849), China ($626), Russia ($396), and Brazil ($350).

    Shocking Growth of Shopping Apps in Pandemic [2020 Stats]
    The State of Growth of Shopping App Marketing 2020 reports that a mobilemarketing analytics and attribution platform, notes that India witnessed about a 250% increase in non-organic growth of shopping apps install during the strictlockdown period running from March. It shows that generally peopl…

    · Atleast 67% of users admit to the fact that they use e-commerce websites to window shopping while idle on their smartphones.

    · 60% of consumers have used Chatbots to find answers to their queries while shopping online.

    Thus, it can be observed that online shopping has become a worldwide trend these days and in order to master the art of online shopping, here are some tips and tricks that you must know.

    Leave items in your online shopping cart:

    The most common and widely used method to save some bucks while shopping online is to select the items and add it to your shopping basket or cart and then leave it there for a day or two. This way, you can avoid impulsive purchase and the retailer will try to retain you by sending coupons and better prices on the next day. keep in mind that you have an account on the merchant’s website and you are logged in when you leave your cart.

    Shop on the right days

    A number of online stores roll out certain discounts and offers on Wednesdays, Thursdays and Fridays. It is also noted that Sunday is the best day to book cheap airline ticket while Monday is the most expensive day. Thus, even a Sunday afternoon lures you to shop your favourite dress, resist yourself till Wednesday for the best deals. Tuesday is the best day to purchase laptop and desktop computers as major retailers like Dell Home and Hewlett-Packard send out special coupons every Tuesday.

    How Has Technology Changed Shopping
    With the release of Covid-19 rules and regulations worldwide, many consumers and buyers are concerned about the safety of store visits. These are some examples of technology providers offering great solutions to improve social distance and improve buyer safety during this Covid-19.

    Analyse the dynamic pricing before shopping

    Dynamic pricing is the online strategy used by merchants to show different prices to different customers  according to your location, your browsing and spending patterns and current demand of the product. For example: If you have searched for a laptop online and the next day when you visit the website, the price of the product shoots upto 30%. This is a part of dynamic pricing which tricks you into buying the expensive deal.

    To beat dynamic pricing you must:

    · Log out of your accounts (email, Facebook etc.)

    · Clear your browsing history and cookies in particular

    · Switch to incognito mode to visit the website

    · Use a VPN for clear slate

    · Choose less developed countries as home to get better prices

    Chatbots for price adjustments

    An AI chatbot is nothing but a software that engages the customer in conversations and provides rather specific answers to their immediate queries. The companies mainly make use of chat bots so they can increase their online sales.

    How AI Chatbot Increases Sales/ Sales Boost by AI Chatbot
    Artificial intelligence chatbots mainly distinguish themselves from other chatbots by their ability to understand the intentions behind the customer’s questions. Chatbots provide the precise information customers are looking for.

    You can use Chatbots with everything such as  extending the date for a coupon, getting exclusive discounts that aren’t advertised, honor a price-match policy, and more. Also, 24×7 availability of someone behind the screen, only if these conditions are fulfilled they will stay with you and keep engaging.

    Purchase electronics when a new or competitor’s product launches

    An important trick before buying electronic gadgets, you should time them with product price drops for amazing deals. Electronic items are often sold at lower prices when the dealers need to clear inventory for new launches.

    For example: If Samsung launches a new smartphone, you can compare the price with its rival company Oppo or Vivo to get the best deals.

    Seek price-drop refunds

    Suppose you bought a product and the very next day there is a sale on the same product, this can be annoying. In order to seek the price drop refund you can contact the retailer directly, some companies will refund you the price difference. Also, some credit cards provide price protection, you will get the difference price if the price drops, no matter where you shopped.

    Smart reward programs

    Some online shopping websites offer smart reward programs by doing some tasks such as by doing paid online surveys or merely browsing around product catalogs that can be exchanged to gift cards or special discounts. Some sites also offer points for simply watching videos and then you can redeem them as discounts from different online sites.

    Out of season shopping

    You can buy your woolen garments or seasonal furniture and seasonal decors during the after-season and post-holiday blowout sales as merchants may need to clear stock for next season’s items, you’ll score steep discounts and no one will know that it’s from last season, which definitely doesn’t exist when it comes to Christmas trees and outdoor tables.

    Compare price online before shopping

    In order to score the best deal out of a wide range of products, you can run smart price comparison checks through various tools such as Pricelink browser add-on, this will save your time by automatically comparing prices of the same product from different merchants. You can also know if there are some coupons available.

  • How AI Chatbot Helps In Boosting Sales

    We live in an era where smart companies make use of AI bots to enhance their customer service experience. An AI chatbot is nothing but a software that engages the customer in conversations and provides rather specific answers to their immediate queries. The companies mainly make use of chat bots so they can increase their online sales but the question is, do AI chatbots really help in boosting sales?

    Artificial intelligence chatbots mainly distinguish themselves from other chatbots by their ability to understand the intentions behind the customer’s questions. In this way, chatbots provide the precise information customers are looking for at that moment, whenever they need it, not only this but also providing solid opportunities for initial sales, cross-selling and up-selling.

    Working of AI Chatbot

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    Talking about my own start-up venture, SleepyCat that has come a long way since 2017, we started making the use of an AI chatbot in the early 2020 and have witnessed constant growth since then.

    Kabir Siddiq, CEO and Founder SleepyCat

    Our system is built to have a more contextual conversation with users meaning it will show results on context to the previous chain of questions answered.

    Here are some ways an AI chatbot can be used to your advantage and increase sales –

    1.  Conversion from visitors into leads

    All the people who visit your website are potential customers and chatbots should be able to store any kind of data that the users provide. Generation, qualification and conversion of leads are one of the features that distinguish all smart chatbots.
    This will also result in increase of your lead database and will create greater possibilities to generate sales.

    2. Customer interaction

    Your customers expect to not only have their queries resolved but also be treated in an empathetic, humane manner. Oh and not to forget; 24×7 availability of someone behind the screen, only if these conditions are fulfilled they will stay with you and keep engaging.

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    Smart chatbots have already stored answers and they respond to the customers based on the keywords mentioned in their question. Moreover, AI chatbots are aligned with web services or APIs to offer quick and personalized solutions.

    3. Increase in Sales

    The best part about AI chatbots is that it can not only be used to entertain new customers but also drive more sales from the existing customers. Once a chatbot has interacted with a particular customer and has the history stored, it can cross-sell or up-sell products to the existing customer. This is one very efficient way to boost sales. Also, this helps in gaining loyalty of the customers and improves customer relationships.

    Chatbots can offer solutions to a multitude of information based on the requirements of the business. Talking about us at SleepyCat, we use our chatbot to answer questions mainly about order tracking i.e. customers asking for tracking details of their orders, all answers regarding the delivery of orders and off-course queries pertaining to product specifications.

    We have had more than 5000 successful interaction sessions with the AI chatbot. The average duration lasts for a good 3.5 minutes which adds to the retention quality of users that managed to land on the website and use the chatbot. This brings us a steady conversion rate of 2% and we’ve had over 200+ conversions using this feature within 7 months.

    Chatbot – Perfect SaaS Business Tool
    Software as a Service (SaaS [https://startuptalky.com/tag/saas/]) is a highengagement affair with its users. Modern businesses face crucial challengesrelated to customer retention [https://startuptalky.com/tag/customer-retention/] and business development. Due to a shift in focus from primarily s…

    Making use of the AI chatbot for a business is not an option anymore; rather it has become more about staying competitive in the market since more than 20% of the enterprises globally make use of this technology to scale up their businesses. The greatest and most important benefit of the AI chatbot is that it helps in revolutionising the customer experience, let’s dive a little deeper into this –

    With time companies have realised the importance of personalisation and that the most important tools in a business is one that can effectively collect user data along with offering a personal touch that the modern-day consumers are looking for.

    Chatbots powered by Artificial Intelligence are great for attracting customers and also holding their attention. There are several advancements happening in big data analytics and tracking users past purchasing behaviour, chatbots can simplify the customers experience with an unmatched level of personalisation. This makes the customers feel important and they also start trusting the chatbots recommendations based on the quality of their interactions.

    That time is not too far when chatbots will take over social media; answering comments and replying to the inbox messages will become absolutely normal by a chatbot. We are able to accomplish this because the tremendous potential that chatbots bring to the business helping businesses to boost their sales and providing an enriching experience to the consumers. This bot phase has just started gaining traction; it will be one hell of a ride till we reach its highest potential.

    This article is contributed by Kabir Siddiq CEO & Founder of SleepyCat.

  • What Are The Best Ways To Do Personal Branding?

    Often big companies and celebrities are seen with their own personal brands. It’s “personal branding” and it refers mostly to establishing and promoting what you stand for. If it’s your personal brand then it has to be sure the unique combination of skills and experiences that enhances it even more. There has to be the best way to do personal branding so that your work promotes your brand.

    What is Personal Branding?
    What Could A Brand Be Nowadays Like?
    Best Ways To Personal Branding To Break Through A Crowded Space
    Why Personal Branding Matters?
    Personal Branding – FAQs

    What is Personal Branding?

    Personal Branding is a way of establishing and promoting what you actually stand for, who you are, the values you embrace, and the way in which you express those values. Because, if it’s your personal brand then it has to be sure the unique combination of skills and experiences that enhances it even more. This type of effective branding can make you different from other professionals in your sector.

    Apple challenged the world to “Think Different.” Nike encouraged people, regardless of age, gender, or physical fitness level, to “Just Do It.” Dunkin’ Donuts persuaded busy professionals that “America Runs on Dunkin’.”

    If we do a quick search to observe how individuals around the world are actually using new tools to craft personal brands. And, so we can see that is what attracts countless people to their websites and big social media profiles.

    Now, it’s crystal clear that the biggest tactic is to know exactly where to spend your time to get the results you’ve been chasing for.

    Personal Brand
    Personal Brand

    Why Personal Branding Matters?

    Some people dismiss the whole process of branding themselves, as being time-consuming, or not that efficient. When it comes to building a personal brand, you have to devote time and energy to personal branding. Your personal brand should highlight your strengths, establish a reputation, build trust among employees, and communicate the unique attributes that you bring to your current industry.

    “More than half of employers won’t hire potential candidates without some sort of online presence today.” – CARRIER BUILDERS

    Whatever your age or professional achievements maybe, someone is always screening you online. What they observe can have major implications for your professional and well being. So, if you aren’t properly managing your online reputation, then you are actively losing out on upcoming business opportunities. Never lose out on an interview because that’s something you can control- like your personal brand.

    Someone is always screening you online.
    Someone is always screening you online.

    What Could A Brand Be Nowadays Like?

    If someone asks you about a popular brand, then it’s obvious that you are going to say a popular brand like Apple, Samsung, or McDonald. A brand can be anything nowadays, so even as an individual, you have a personal brand.

    What’s your personal brand going to be like or you have a brand that exists online and offline both, but isn’t performing that well. Fortunately, there are a lot of best tools and resources that might help you with the whole process of personal branding. While the specific unavoidable circumstances and goals vary person-to-person. But, the overall concepts and processes are still relevant to everyone.

    How to build your Personal Brand?

    The idea of personal branding makes most people uncomfortable due to a lot of hard-work involved both online and offline. But, if you don’t take control of your personal brand online, then you are obviously going to miss out on opportunities and let others control your narrative.

    Building a personal brand might sound like a challenging task, and it is for sure, but there are incremental steps you can take to build credibility in your field. Below there are personal branding tips that are going to help you create an authentic personal brand- and catalyze your career in the process.

    Best Ways To Personal Branding To Break Through A Crowded Space

    1. Find Your Niche

    The basic step to build a personal brand is to make it one that truly reflects your personal and professional identity. Pick something specific that you can do better than 90% of the world. Or, it can go like:

    • In which areas do I perform better?
    • What motivates me?
    • What characteristics others have that complimented me on?
    • Which role seems to drain my energy?
    • Which projects can I spend hours on without feeling nauseous or overwhelmed?

    These questions can definitely give you a great deal of help because that’s what describes the different facets of your personality.

    The niche selection process is really important! You don’t want to spend all the time and energy necessary to link your brand to a niche that’s not growing.

    2. Inject Your Personality Into Your Personal Brand

    Always think about what you are actually known for because the personal brand is more than the reflection of you are today. This method is what you personally bring to the table. It’s about you and ‘your ideas’ which will help you differentiate you from everyone else who is from your field.

    Personal Branding Strategy
    Personal Branding Strategy

    It’s good understanding your already existing skill-set and competencies but it will be best if you assess your strengths and weaknesses timely as they relate to your industry and career. By doing this, you’re going to unleash the latent skills and traits that make you unique.

    3. Define Your Audience

    Determining who you’re trying to reach is the crucial step. Is it an individual in particular? Recruiters? Entrepreneurs? Is it another industry thought leaders? The sooner you define your audience, the easier it will be to craft the brand.

    For instance, if your goal is to reach out to recruiters, then you have to start with updating the Linkedin profile. Why? It’s so because 87% of recruiters use Linkedin to find high-quality candidates and 92% of recruiters use social media as their basis.

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    4. Create Your Personal Brand Identity

    The design of your website should be impeccable because that’s what people go back and look at. Websites are the only one that tells everything real fast and what they notice should be unique. One thing to be noticed should be that they each have custom sites, beautiful photographs, and even their logo are eye-catching.

    And for a shock why am I emphasizing the design and logo? Because according to one academic study, 94 percent of the first impressions were only based on design, and it only takes 50 milliseconds for that split-seconds actual decisions to get made.

    There are some crowdsources which might help you with special tools to make logos and design. Professional designs are often what separates the ‘real’ experts from everyone else in the market.

    A small piece of advice here would be that start small (in terms of funds) with a logo to establish that working relationship with a designer you like because when it comes to redesigning the website, it’s going to be worth their weight in gold.

    5. Grow Your Online Presence

    One of the most important aspects of personal branding is about making sure your online presence is a lot engaging to hire managers, co-workers, and employees. In the era of digitalization it’s important you realize that your story should match all platforms. Beware of separating your personal social media by adjusting the privacy settings, so that potential employees don’t stumble upon any information that could harm your opportunities of landing a job. Linkedin, Twitter, and many social media tools are of great help to define your brand if you manage these key points effectively:

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    • Focus on key industrial skills because recruiters search for the roles they’re trying to fit in.
    • Quantify your accomplishments
    • Complete your profile with a professional photo
    • Highlight and build upon your industry expertise
    • Incorporate your personal brand in your bio and for the feed use hashtags

    6. Ask For Informational Interviews

    When there’s a list of companies you have always aspired to work for and leaders you admire from the industry, always consider reaching out to these professionals to ask for an informational interview. When you meet these high-profile individuals, then ask them specific questions that help you garner new insights about your field, for instance:

    • How do you see your industry evolving?
    • How did you break into the idea of industrializing your brand?
    • How do you stay up-to-date with the upcoming trends in the industry?
    • How are you going to transform your brand all over again?
    • Are there any trade or professional associations, I should join?

    Informational Interviews like this not only adds to your knowledge but also help you to envision the ideal candidate to build a personal brand in the industry.

    7. Embrace And Enhance Your Networking

    It is so very important to network regularly and effectively to grow your professional circle. Connect with industry thought leaders and your peers from formal to informal networking events. Because it’s the whole of a chain, the more connections you make – the more value you provide to your interactions – the more is your personal brand is going to be recognized.

    At these events, don’t be shy to fellow attendees to reschedule a meeting again for an informational interview or a casual meet. And if by chance, you weren’t able to attend the event, then just reach out via email and spark a conversation there.

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    8. Seek Out Mentors And Thought-Leaders

    First of all, there’s no such thing as a “self-made” successful person, and that too in a field like branding yourselves. They had had help from someone, somewhere, at some time in their life. You are obviously in the need of other big names from the industries to recognize your brand and ‘you as an expert’. According to a survey, 80% of CEOs in one study said they had a mentor by their side to help them early in their careers.

    Even Tiger Woods, the most successful golfer of all time, has worked with a swing coach for almost his entire career. Almost all successful entrepreneurs have had mentors, to help them and they surely became the recognized experts, they are today.

    In the process of becoming the recognized expert in your industry isn’t an overnight proposition to be made. It’s obviously going to take a lot of hard work and effort to reach the top. As the digital era changes transform, so does your career evolves, and as a result, your personal brand will shine like a star. You, surely, have to invest the time, money, and work to slowly break through a crowded industry.

    And in the whole process, Never ever forget to reinvent your personal brand as you grow.

    Personal Branding – FAQs

    What is personal branding?

    Personal Branding is a way of establishing and promoting what you actually stand for, who you are, the values you embrace, and the way in which you express those values.

    What are the three keys to personal branding?

    Authenticity
    Consistency
    Harmonic

    What is the strategy for personal branding?

    A personal branding strategy is a plan to take your reputation and career from relative obscurity to high visibility. It describes where you stand today and what level of visibility you want to achieve in the future.

    How do you build a powerful personal brand?

    8 Tips for Developing Your Personal Brand

    1. Find Your Niche
    2. Inject Your Personality Into Your Personal Brand
    3. Define Your Audience
    4. Create Your Brand Identity
    5. Grow Your Online Presence
    6. Ask For Informational Interviews
    7. Embrace And Enhance Your Networking
    8. Seek Out Mentors And Thought-Leaders
  • How To Start Your Home Repair Business

    Starting up with a business is an idea that can fascinate you. But if your niche is finding out how to start your home repair business, then you might need to think a bit different. The first thing you need to know this is different from any finance-related business. This is because it is related to service and not product. You can put on show your product to if you have a product-related business. But when you are getting involved in service, you need high rated reviews from your clients. This is important for you to attract more sponsors as well.

    If you have a prior idea regarding mending a crack or repairing any leakage, paint a wall or anything related, then you might not need too much study on your content. Just make sure you cover all minor as well as huge skills on home repairing. Then you can shift your focus on how to start your home repair business. You need to gather more information on your business skills as well.  Be it a large scale business that you are planning for or a small business, your business skills to be brushed properly.

    Let us plunge more into finding out how to start your home repair business.

    How To Start Your Organic Farming Venture In India?
    Starting with something new has always been a fascinating idea. Especially whenyou are about to start something exclusively for you and your family then itcomes with a layer of responsibility since you have to think widely about thepositive outcome that they will be expecting from your venture. …

    Basic Needs

    So, we will initiate the few basics before moving directly into the hard-core business facts. First thing first, you need to be clear about the services that you have mastered on. However, apart from your personal skills here are a few things that you can think about keeping in your catalog before you start digging about how to start your home repair business.

    First 5 steps guideline
    • Deep house cleaning
    • Garden Services
    • Apartment prepping
    • Interior decorator
    • Handyman services
    • Pool and fountain maintenance
    • Leakage and repair services
    • Air duct cleaning
    • Cabinet services

    Now let’s get into the major facts about the

    Have A Plan

    After you have come up with your niche, you can shift your focus on plotting out all the nooks and croon. You start planning out a strategy which will be the Holy Grail throughout your business. The plan should include every step chronologically. The steps should include starting your process of taking up the offer from a client to the end of the service.

    Choosing Equipment

    You have to be very specific and wise while choosing the equipment for your service. Here you might need to invest a major amount since you would like to invest in the best quality products available in the market. Also, ensure that they have can serve you for a long time.

    Few types of equipment that can be listed are listed below.

    how to start a home repair business_startuptalky
    How to start a home repair business
    • Hammers
    • Screwdrivers
    • Pliers
    • Wrenches
    • Grip Vises
    • Flashlights
    • Cordless saw
    • Stepstool
    • Ladder
    • Paintbrushes
    • Rollers

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    Hire Staffs

    You alone might not possess all the qualities required for knowing about how to start your home repair business. You need to hire others to work under you. For that, you can contact some hiring agencies as well as you can put out advertisements directly about the required skills that you are looking for. In this way, you can also let people know that you are a growing business and is open to others.

    Set Up Shop

    Since you have a little idea about how things should fall in its place, it is time to set up a physical shop so you can store all the equipment and other required things. In this way, you can also put an assurance to your clients that they can reach out to you in case they need to.

    To set up your shop, you need to set a few other things that include your question of how to start your home repair business. They are the following.

    • Choose a name for your business
    • Choose a business structure
    • Have a unique logo
    • Make business cards
    • Get a business bank account

    Transport Services

    It is important to get a proper vehicle to mobilize your business. Since you will need to visit places along with your men, you need to look after the suitable way to commute and be available to the location of the venture.

    maintenance business ideas_startuptalky
    Maintenance business ideas

    Liability Insurance

    Handyman’s insurance is an essential part of knowing how to start your home repair business. There is a wide variety of insurance plan you can go through and choose. In case you own a small business, you can invest in the lesser amounts and save money for further use. The insurance will help you to cover things like any damage to the property, any medical expense, legal fees or any settlement charges.

    Financial Outlook

    If you are looking for the next step to find out how to start your home repair business, then you need to know the financial investment is the one. You need to set aside a considerate amount of money, both cash and credit, to start. You have things like rent, bills, types of equipment, staff remuneration, legal fees and other small expenses to think about. You can also go for a small loan but that is another complex process to cover. So it is better you start accommodating capital from other sources which will not include much fuss.

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    Keep Contacts

    Keeping contacts with suppliers and subcontractors is a major advantage that you can possess. In a way, you will get to know about the materials that will be helpful for you and also another way you will be able to market your business with them. You can also avail discount and additions while you will purchase is a regular customer.

    Market Your Business

    Your business will require a wide-scale promotion with the goal that individuals will know and seek for the services that you offer. You can distribute flyers, put up billboards, or even start your online website to be available to customers who are far away. This will popularize your business among the mass. The most ideal approach is to utilize online promoting to get more leads and lift your benefits.

    how to start a handyman business_startuptalky
    How to start a handyman business

    Also, you can put out packages that include customization as well as combined services so your customer can thrive for more in a less price. These all should be visible to your clients very precisely. In this way, you can also keep an eye on the competitors and get to see what new you can do to attract more customers.

    We have come to the conclusion of the article. This article has probably covered all your needs when you come asking about the question of how to start your home repair business. With the right steps taken and exact research, nothing will stop your business for a steady take off.

  • 8 No-Cost Marketing Ideas To Grow Your Business

    Marketing is an essential component of every business and it often turns out to be a huge expense with seemingly insignificant results.  Staffing companies spend exorbitant amounts for marketing activities. Over the past few years, there has been a trend named no-cost marketing.  This new way of raising awareness for a product or brand is designed to enable businesses to earn better returns from their marketing efforts without significant investment.

    As a business manager/owner you should select marketing methods that make the best use of any limited budget available to you. Let us discuss about no-cost marketing ideas. It is the activities that are designed to promote a product, business, or service.  Likewise, the ROI (Return on Investment) of these marketing activities is high compared to others. It provides an opportunity for businesses to promote their business without the risk that a cost will not be regained.

    No-cost marketing has many benefits. We can make it very effective and successful with the right skills and techniques. But, it is important to develop an attitude that your activities do have an associated cost and to justify the time you spent on these activities. These activities are free from external costs, which mean it will be easier to recover expenditure and grow the business.

    No-cost marketing ideas

    Some no-cost marketing ideas to promote your business are given below. These ideas allow you to use your budget and time wisely and to maximize the results of marketing.

    1. Use social media

    Each social media platform helps to reach your brand name, news, services, and advice to a wider audience.  Social media is not considered as a great selling tool, but it is very useful for product research. Research shows that only 1-2% of online purchases are done directly through social media. But 71% are considering the suggestions on social media in their purchasing decisions.

    Social media platform helps to reach your brand name, news, and services to a wider audience

    Some social media sites allow users to leave reviews on business pages. Let your customers leave reviews on your profiles. Then, when other peoples come across your profile, they can see those praises from customers. Also, you can post content that encourages people to buy your products. You can post coupon codes, photos of new products,  and online contests.

    2. Guest blogging

    Guest blogging is another popular way to bring attention to your brand. You will get new audiences by promoting your knowledge to the audience of the host blog. Also, you are able to make relationships with strategic partners. They will refer their customers to your brand. The cost of guest blogging is free and the time you spend is minimal.  Create a good article that attracts the audience of the blog. Guest blogging is not easy to discover and pitch. This is very rewarding because both you and the host are promoting the content. You need to begin with sites like Tweak Your Biz as a guest blog host.

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    3. Marketing to existing customers

    Marketing to existing customers is the best way for improving your business base. If anyone bought your product, you should try to turn them into repeat customers. When people purchase products from you, try to add them to your email list, then send inventory updates, coupons, and news about your business to those peoples.

    You need to send regular emails to maintain your business in the minds of customers and give them plenty of opportunities to buy from you. Also, you can begin a customer referral program. You need to provide incentives to customers for introducing new customers to your business. For example, you can offer free services or products or a discount on the next purchase.

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    4. Business partnerships

    Try to partner with other local businesses. You can promote businesses to each other. Making partnerships with other businesses will provide you access to their customer base. You need to make partnerships with businesses that might complement yours. Don’t make partnerships with competitors in the market. For example, a coffee shop can make partnership with a bakery.  Or a local gym can make partnership with a supplement store.

    5. Networking

    If you run a B2B business, networking groups are a good way to get the news of your products and brand to the mass audience. Most of the networking groups are free, but others have costs. You can utilize apps like Meetup to discover upcoming networking events in your place. Also, you must try to be a member of a business organization such as the Young Entrepreneur’s Council, Business Networking International, the Entrepreneur’s Organization, or SCORE. Look for industry specific organizations that you are able to join.

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    6. Email marketing

    Email marketing is one of the effective techniques to reach and engage new leads. This is a cost-effective and far-reaching method.  Compared to other strategies, the time taken to create the message and design the email content is very less. Most of the email marketing platforms such as  Constant Contact and MailChimp provides a free account. When using MailChimp, you don’t need to pay for the first 2,000 contacts and 10,000 emails per month. Email is very useful because more than 3-quarters of customers prefer to receive promotional content through their email box.

    Email marketing is one of the effective techniques to reach and engage new leads

    7. Press releases

    There are many websites that allow you to submit press releases at no cost. So you need to consider using these resources when sharing some news about your business. Your company’s popularity will increase by submitting a press release.  Also, peoples can know about the new offers from your company. The source named PRLog.org is free of charge.

    8. Blog comments

    Sharing insightful and helpful comments is a good way to be a part of a blog conversation.  It shows that you are an expert in your industry in front of others. Also, it is an effective way to express our knowledge. Try to avoid leaving a quick comment or link to your site.  It is just spam and bad form. You need to ensure that you are providing some value to the community and the conversation when leaving a comment.  People will be interested in knowing about you and they will check out your website.

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    These strategies are not expensive but it will take a considerable amount of time and effort to implement. Also, you need to provide each technique enough attention and time to work well. However, the ideas that are considered as no-cost are still effective and can generate significant returns for your business. You need to make sure that you are using the right techniques to earn the most from your effort and time.

  • Selling Product Online Is Easier Than You Think

    If you are willing to start an online business by selling product online, you need not bother with a splendid product or open physical store. The most ideal approach to begin is to start selling products online from other companies.

    You can get the accessibility of the products through drop transporters. Then you can use a channel which already exists or by creating your own site start selling the product online.

    Selling products online through eCommerce provides a great opportunity for entrepreneurs to begin. There is no cue of getting down the line on the graph in the strategy of eCommerce. Selling product online can also give way to progress without purchasing a property and opening a physical store, which can be a messy task.

    WIDGET: leadform | CAMPAIGN: undefined

    Here are three main categories that you can choose from to initiate with your online business.

    Drop-shipping For Selling

    Drop-shipping in eCommerce business helps you to take orders on your own site. The liability for transporting the products to the customer is on your merchant or wholesaler. You don’t need to convey any stock anyway. You work as a middle-man between the merchant and the purchaser.

    Drop-shipping works in this way:

    • A customer puts an order request from your website. You receive the price and place an order to your wholesaler at your suitable cost
    • The wholesaler delivers the product to right address.
    • The product will have your organization name and logo. Thus, it shows up as though the item is originating from your end.

    Utilizing 3PL

    A 3PL is a third party logistic company that deals with the capacity of your products for the fulfilment of your orders. At times, they can assist customer care and item returns. You transport the products as a whole to the 3PL supplier.

    It works in this way:

    • A customer puts in an order request on your website
    • Your site sends the request to the 3PL
    • The 3PL ships the request to the customer who placed the order.
    • You pay the 3PL a monthly expense and incentives for each request cost for satisfaction.

    Amazon FBA

    Amazon FBA is one of the most famous choices for selling product online. Amazon FBA means “Satisfaction By Amazon”. Choosing the Amazon FBA is very satisfying as Amazon takes care of all the things. Also, you additionally get access to Amazon’s large number of audience.

    popular products to sell online_Startuptalky
    Popular products to sell online in Amazon

    Here’s the way by which it works:

    • You transport your products to Amazon market place
    • You list your product on the Amazon commercial center
    • A client submits a request on Amazon
    • Amazon handles every step securely delivers the order to the customer.

    After you have selected your niche, here are the things that you will need to put your focus on.

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    Domain Name

    A domain name for your eCommerce store is fundamental so pick as needs be. Enrolling a domain name will permit the audience to discover your website. It will permit you to keep up your reputation.

    Your domain name also helps you to change your eCommerce store arrangements as your business develops. You cannot use your eCommerce supplier’s domain name. You need to get another website for your customers and suppliers to discover you on the digital market. Besides, having your own domain name gives your selling product online a boost for you to work in the market.

    Recognize Your Target Audience

    You should start exploring and recognizing your target audience for selling products online. Your competitor’s strategy can help you choose product pricing, website design and marking. Also, it helps to build your underlying advertising procedure. This can give bits of knowledge into displaying the advantages of your product to expected customers.

    Amazon selling process

    Portray Your Products

    Your customer is lacking a physical store to try on the products. So you have to reproduce that experience online. this can be possible only if you are portraying everything you’re selling. Give as much data as possible, like weight and measurements.

    Besides composing descriptions for the products, the pictures also need to look great. You can also add ‘try-on’ features for the customer can put their own photograph and try virtually.

    SSL Certificate

    You need to know when you go to a site and in your program bar, you’ll never see a little latch image. It is because the web-page is secure. Also, it’s a confirmation to online clients that their information is secure. Buying an SSL (Secure Socket Layer) declaration encodes the pieces of your site.

    how to sell online in india_startuptalky
    How to sell online in India- Get SSL certificate

    It also gathers individual data, like Visa and client structure subtleties. Having an SSL declaration guards your customer against frauds and hacks. Besides, it gives your business trust for your consumers.

    These are only a couple of the significant things you’ll have to achieve to set up your site. The more time you take to get ready before you start, the quicker you’ll succeed once you go on the web.

    E-Commerce Platform

    Picking the suitable eCommerce platform is as significant as the selling product online. Ensure you pick a completely equipped, all-in-one solution. It will permit you to claim both the eCommerce site and the shopping cart software. So, you don’t have to bother with coding abilities or need to pay exchange charges on sales. You can approach helping-team to assist you in setting up your store.

    Advertising And Marketing

    After your selling product online gets operational, marketing becomes your following step. Another preferred tool is the inherent SEO apparatus. It permits you to optimize your website for web indexes and consumers. Associate with your customers with the help of web-based media. Also, publicize through PPC promotions and shopping motors. To boost income and improve transformations, look at the online business changes control.

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    Conveyance Experience

    If you get your conveyance system right, the conversion rate on your site will increase. This will enable repeat buys. Your conveyance system covers everything. Starting from the value you charge and the services you offer, to the delivery and the packaging. It’s imperative to invest in this and get things right for your customers.

    Continue Updating Your Website

    Your website will be stagnant unless you keep on optimizing with updates. So you must arrange of enhancement and discover the region that is not working well, and improve it. You can also add new features and bug-free services with every update.

    Statistics Of Selling Product Online

    Global research says that retail sales from eCommerce sites will add up to trillion out of 2020. The income shows a yearly development rate (CAGR 2020-2024) of 7.8% with a market volume of US $3.1 trillion out of 2024.

    Investing in selling product online will hike and grow, considering this data. So you know, there’s no preferable time over now to begin selling products online.

    selling products online for companies_startuptalky
    Statistical representation of retail sales over the decade

    The competition is selling a product online is rising every day. However, with the right strategy and proper formulation of your business, you can grow. Do not bother your mind with the competitors around. Grab everything that will favor your business and start taking off with ease.

  • Tips To Start A Media Company Of Your Own

    The idea to start a media company is a bit different from opening up any other business companies. To start a media company, you need to stay with an association that makes and circulates data or diversion items by any of the large numbers of accessible media, including print, radio, communicated, link, web or web-based media, but is not restricted to only these.

    If you are willing to make content with proficient editors and authors, distribute it occasionally, it implies that you can start a media company. Generally, a proprietor of any newspaper and magazine can start a media company. They produce content, group it, and disseminate it. At times, they produce it in both for paper and for digital media.

    Not only this, if you plan to start a media company, you need to know media organizations is also liable for film and music creation, illustrations, craftsmanship, and any sort of media content. Thus, online media also acts as user-generated contents. They even try to make competitions with distributors for large scale recognition.

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    Works Done By Media Company

    Before you start a media company, you need to keep in mind what are the responsibilities and tasks of a media company. It is a bit different from starting a business because media company works entirely for the public interest. So let us discuss what a media company actually does in details. To start a media company, there you need a producer which will be providing information to the audience such as breaking news, investigations, surveys and other things that will be of the public interest.

    Some media is also liable to cover many points including legislative issues, business, financial aspects, well-being, and so on. However, there are also companies that only stay inclined to a specific niche for publication of their information. However, it is inevitable that every media organization desires to become an influencer and set up milestones that people will follow.

    media company business plan_startuptalky
    Media company business plan

    Clearly, other than print, the publishers can also publish their content on the digital platform. With the websites, this, in turn, will help them to engage more visitors. Other than text and photographs, media organizations make audio and video content. Along with these, they can also be to communicate with their crowd in extra manners through sites to YouTube, SoundCloud and so on.

    Basic Steps For Starting A Media Company

    Choose Your Preferred Criteria

    There are two things that you can choose from before you start a media company. You have to think if you would like the idea that involves making an appropriation and permitting organization where you pay for the contents produced by others and later disperse it with advertisements. In this case, you’d have to begin with huge funding and possibly discover your potential partners.

    The other option includes making your own distribution or video content and gets a chance to earn from sponsorship or ads. Provided that this is what you want, the best approach to begin the media organization is to begin making the content and get into promoting it. You won’t have the option to get any publications you have enough audience.

    Selecting The Niche

    There are a wide variety of niches that you can follow if you are planning to start a media company of your own. Select from the following niche.

    • Print Media
    • Broadcast Media
    • Video Games
    • Audio
    • Films
    • Digital media
    starting a media company 2020_startuptalky
    Starting a media company 2020

    Select between online or offline

    If you are willing to give your start online, as not much offline works are done nowadays except the print, music and film media. So, you can also choose to produce your platform online since digitization can reach up to a large number of audiences in less time and is very punctual. So you need to incorporate all the pros and cons of online and offline companies and in case, you are equipped with enough fund and resources you can plan doing in both online as well as offline.

    Let’s have a look into the exclusive parts where you will need to pay more attention to. Apart from the basic needs, there are certain things whose evaluation would be a bit different from other companies. So what are these things, let’s find out.

    Start a media company

    Your Target Audience

    The initial step is kind of similar for any start-up organization. You have to focus on a specific group of readers. In this way, you will get a few ideas about your content, and provide you with guidance on creating a website. You can decide the volume of your organization depending on the size of your potential readers.

    For instance let us consider if your niche is Bollywood and entertainment, you might need to push out a survey on what type of news people are interested to read. However, you can also aim at producing an over-all content which will let your website as well as offline content growth with a considerable number of audiences. You know your crowd’s interest, and what they need and consume. In light of this information, you can promptly fabricate your earning by working with promoters.

    Values And Benefits

    Similar to an e-commerce organization, if you want to start a media company, you have to distinguish the significant highlights of your media organization. They will shape your organization and produce reputation and core messages for your potential audience. Find out what distinguishes from your competitors. Make it clear for your audience. Highlight all the points they’ll get from your organization which are exceptional.

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    Producing Original Content

    Select the topics and categories that you will need to produce your content. Base your decision on the demand of the themes, search request, recent trends, and all the keywords. You can then make your marketing strategies which will depend on the niche to attract your audience in a better way.

    For the promotion of your website, you can utilize the following things.

    • Search engine optimization
    • Paid ads in search
    • Guest blogging
    • SMM
    • Partnering with other media

    Do You Investment Properly

    Any investment you spend on the company should not go waste; you need to ensure that first. Get business cards and postcard-sized leaflets printed out. These ought to again promote your image and the service that you are going to offer to your audience. After you are done with the above things, try creating contact with individuals who you would focus as customers. This way you’re doing your promotion yourself.

    media startups india_startuptalky
    Media startups in India

    When you will be able to get hold your first couple of customers you’ve set the ball rolling. At this point when individuals see the incentive that you are bringing on to the table, they will come flooding in.

    Determine Your Profit

    After you have successfully produced your content, you would obviously opt for earning a profit margin because that will bring more incentive to work more consistently. However, starting a media company offline might need some extra effort to add advertisements and make promotions for your company physically, but if you are considering things online, here are the few sites you can utilize to get an uninterrupted income, once your website becomes eligible for monetization.

    • Google AdSense
    • Third-party ad platforms such as Zedo
    • Crowd-funding
    • Work for paid content
    • YouTube
    • Partner Program

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    If you want to get in touch with the offline ad agencies that you are willing to work with, here are few options you can choose from

    • DBB Mudra
    • Creative Think Media
    • Madison World
    • Urja Communication
    • Purnima Advertising
    • Mad Influence

    Growth Of Media Company

    If we consider the growth of the media company then we must say that it has subsequently been increased through-out the decade. Media is devoured by the consumers across socio-economic and different formats, for instance, TV, films, out-of-home (OOH), radio, animation, and enhanced visualization (VFX), music, gaming, digital publicizing, and print.

    Media and entertainment industry statistics_startuptalky
    Media and entertainment industry statistics

    The Indian advertisement industry is extended to be the second-fastest developing and promoting market in Asia after China. At present, publicizing income represents around 0.38 per cent of India’s GDP. By 2021, Indian media and media outlet will arrive at Rs 2.35 trillion. So, keeping this in your mind, you can start a media company. There will be a lot of competitors, but you should not let your heart down and face all the obstacles with your head high.

  • Master The Art Of Change in Recruiting Process through AI

    In the past few years, many organizations have been utilizing and taking advantage of Artificial Intelligence (AI) in many ways. One of the most intriguing sectors where AI can and is doing wonders is recruitments. The difference in terms of how candidates are discovered, reviewed, and interviewed is completely going to change when compared to traditional methods and processes. Master The Art Of  Change in Recruiting Process through AI with These Tips. Companies like Amazon, Flipkart and many more have already developed their customized AI recruitment software.

    According to Undercover Recruiter, it is expected that Artificial Intelligence is going to replace around 20% of the HR jobs in the next few years through recruiting software. AI is said to be an emerging category of HR technology as it is designed to reduce or even remove the time-consuming activities like screening resumes for example.

    A survey was conducted to know what are the biggest challenges faced by the talent acquisition teams. The results of the survey stated that 52% of the talent acquisition leaders said that the hardest part of recruitments identifying the right talent from a large pool of applicants. AI has proved to be useful in giving the most efficient and effective solutions to all such problems.

    Hiring Scenario
    Hiring Scenario

    \What can Artificial Intelligence do?

    1. Resume Screening

    CV and resume screening is a process that has already been practiced by many organizations using AI now. They can be screened with keywords and predicting patterns. The software is clever enough to interpret the different terms and phrases used by candidates and by using this data hiring managers efficiently find those best suited for the post. Among 500 Fortune companies, 95% of them are using ATS i.e. applicant tracking systems where it helps the managers examine hundreds of applications in very less time.

    2. Video Interviews

    After these difficult times of the Covid-19 Pandemic, for corporates, video interviews have become more common. Many big organizations like Unilever, Dunkin’ Donuts, and IBM use AI software for taking video interviews. This software has the ability to measure the facial expressions, body language, postures, and languages used by the candidates which helps the hiring managers to evaluate them. These video interviews are convenient to both the candidates and the employers because it is flexible, reduces costs, saves time, and also employers can use it t review the applicant anytime.

    3. Faster Selection Process

    Artificial Intelligence doesn’t have the power to connect with humans and interact with them on an emotional level, but it definitely helps in speeding up the hiring process. Recently a study showed that 96% of senior HR professionals believe that AI has the ability to enhance talent acquisition and retention in the best possible way. The managers also reported that it saves their 14 hours a week, due to the automation of work. This process has even been shortened from months to just a few days that allow the employers to fill positions with the right talent faster.

    4. Better Job Advertisements

    Effectively the recruitment process often starts with an advertisement. A large chunk of candidates applies for a position after seeing advertisements on social media, newspapers, etc. Artificial Intelligence has the power of leveraging the process of recruitments. It can help the companies to know what type of phrases and language would generate better responses from the market and also help the managers get more qualified candidates. These advertisements can also be targeted to the candidates based on their browsing history.

    5. Candidate Matching

    AI can help companies in shifting towards customized candidate experience. While an important task of the recruiters is to match the abilities of candidates with the job specifications and description, AI can optimize the experience by matching both of them.

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    6. Recruiter Chatbots

    The AI chatbots help the companies in improving the candidate experience. Here the applicants can provide feedback, ask questions based on the job requirements take updates, and take suggestions as well. Companies might not be able to respond quickly in normal times, but AI can help these companies in responding consistently and quickly.

    7. Diversity Hiring

    Diversity in any organization brings employee happiness, productivity, and retention by having diversity in the company. The employees tend to have more creativity and innovation as well. AI helps to choose candidates without human bias from which the company can have diversity hiring.

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    AI has its own limits and recruiters should recognize them

    Artificial Intelligence is poised to help humans and make their tasks easy. Rather it is also present to give the recruitment teams more time in making human decisions and work on their parts in which they are experts. But recruiters are more suitable to hire the right candidates as AI has its own limitations. AI can be fast and accurate too but it cannot be error-free as it is software and machine. AI might not be very successful in doing the tasks on its own.

    These software and tools require humans to give commands. Also, there might be chances that AI is ineffective in screening the candidates because the candidates might not be able to connect with a machine rather than a human being. It is still almost impossible for software to have qualities like empathy and contextual understanding due to which, it might be wrong at many parts for potential candidates for not getting into the organization. AI will surely eliminate the tedious tasks of hiring managers and recruitment teams in the whole process, but at times it might not be always successful.

    Will AI Eliminate Jobs and Will Humans be required ?

    Process through AI
    Process through AI

    In the past, there has been a lot of debate over these questions because AI shows no signs of slowing. Well, the truth is that the advancement in technology is not going to stop and will only continue to lead to the end of many jobs or even departments in many organizations. Definitely, AI can and will take over plenty of tasks, but these will not be any substitution for creativity, ideas, and leadership. Organizations will need managers to ensure that the company’s missions are carried out.

    Though AI can automate many things but cannot completely eliminate humans. Tasks like client interactions, brainstorming ideas, and bringing in the interpersonal skills cannot be effectively demonstrated by AI, hence human presence will always be required in the workforce of every organization. While there is no way of telling a concrete future but what is foreseeable is that hiring, recruiting, and managing will surely be taken over by the combination of humans and artificial intelligence workers.

  • 6 LGBTQ+ Entrepreneurs In The World

    In US, a recent study shows lesbian make more money than straight people whereas gay men actually earn less than straight men. And when Apple CEO Tim Cook (whose name is on the list below) came out, it was news because no other Fortune 500 CEO had ever done that while still leading a company. But the good news is that there’s no shortage of successful LGBTQ+ leaders in the business world.

    This isn’t an exhaustive or comprehensive list; it’s more like a sampling. After all, it’s difficult to accurately gauge the wealth of our top earners, thanks to investments and private assets (and the fact that few like to scream their worth from the rooftops).

    Take, for instance, transgender entrepreneur, Martine Rothblatt, who’s in charge of the $4.6 billion pharmaceutical company. She started but derives much of her compensation from stock options. Journalists like Anderson Cooper and entertainment figures like director Roland Emmerich don’t have to worry about their next meal, but they don’t make nearly as much money as those who founded ventures or built empires.

    While anyone is eligible to be nominated for recognition via Outstanding’s website, honorees had to be working one to three levels from the chief executive. Outstanding’s judging panel says it was looking for role models “who are helping to make the workplace a more welcoming place”. LGBT activism outside of the workplace and recent business achievements were also taken into account.

    The nonprofit says such recognition is critical given that closeted LGBT employees are 70 percent more likely to leave the company within the first three years, and 85 percent say non-inclusive workplaces have a negative impact on employees and can damage productivity, according to studies conducted by Outstanding or the third year going, a networking nonprofit named Outstanding and the Financial Times have partnered to recognize the 100 most powerful LGBT executives in the world.

    This year marks the first time that a woman has topped the list: Inga Beale, the first female chief of the 327-year-old insurance market Lloyd’s of London — who is also openly bisexual. (While Tim Cook may be the first executive who springs to mind in conversations about LGBT leadership, OUT standing said it was unable to secure his permission to be included.)

    Rounding out the top five are: Alan Joyce, CEO of Australian airline Qantas; HSBC Bank CEO Antonio Simoes; United Therapeutics CEO (and Sirius radio founder) Martine Rothblatt, who is also the top trans leader on the list; and Claudia Brind-Woody, the vice president and managing director of IBM

    LGBTQ+ Entrepreneurs In The World

    Below are some of the LGBTs who really struck gold and, thankfully, many of them are not just wealthy scions, but philanthropic individuals who know the value of giving back.

    1. Tim Cook (CEO of Apple)

    Tim Cook
    Tim Cook

    Cook, 54, is the current CEO of Apple, having taken over the post in 2011 after Steve Jobs stepped down due to health concerns. In addition to his role at Apple, Cook also serves on the boards of directors of Nike Inc. and the National Football Foundation.

    A strong proponent of equality, Cook sent a 2013 memo to his employees explaining that as an organization, Apple supports further federal government protections against LGBT discrimination.

    We know that equality and diversity make our company and our society stronger. So we’ve urged the U.S. Congress to support workplace protections against discrimination based on sexual orientation and gender identity.”, he wrote at the time.

    Then in October of last year, Cook became the first CEO of a Fortune 500 company to acknowledge he’s gay. That company just had the most profitable quarter of any company in the history of the world.

    List of the Most Famous Entrepreneurs You Must Know About | 2020 Updated
    Famous and popular entrepreneurs [https://startuptalky.com/tag/entrepreneurs/] are the one who changed the way the world think about stuff. These popular andfamous inspirational business [https://startuptalky.com/tag/business-2/…

    2. Chris Hughes (Editor in Chief – The New Republic)

    Chris Hughes
    Chris Hughes

    One of the co-founders of Facebook, Hughes left the company in 2007 to become director of online organizing for Barack Obama’s first presidential campaign. In 2010, the entrepreneur founded Juno, a social network aimed at connecting users interested in social good and activism.

    Currently, Hughes is the publisher and editor in chief of The New Republic, a progressive political commentary magazine.

    Hughes married partner Sean Eldridge, president of investment fund Hudson River Ventures and LGBT equality advocate, in June 2012.

    Top Entrepreneurs in India | Successful Indian Entrepreneurs [2019 Exhaustive List]
    India is now rapidly moving towards startup culture. People are choosingentrepreneurship over 9 to 5 jobs. However, not everyone succeed in theirentrepreneurial journey. A survey has found that 11% of Indian population areengaged in “early-stage entrepreneurial activities”. However, only 5% ofpo…

    3. Peter Thiel (CEO of PayPal)

    Peter Theil
    Peter Theil

    Best known for co-founding PayPal and working as its CEO, Thiel is also a successful venture capitalist and hedge fund manager. When eBay acquired PayPal in 2002, Thiel’s stake was estimated around $55 million.

    He also made the first outside investment in Facebook in 2004, securing a 10.2% stake for $500,000. As an openly gay advocate of LGBT causes, Thiel has contributed to the American Foundation for Equal Rights and GOProud.

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    4. Alan Joyce (CEO of Qantas)

    Alan Joyce
    Alan Joyce

    The CEO Of Australian airline, Qantas, he rose to prominence in the position in 2008. Born in Ireland , he has prior worked for numerous position for Irish Airlines, Aer Lingues.

    He has been an open gay throughout his whole life and has been in a relationship with Shane Lloyd since 1999. He has donated $1 million towards the campaign to achieve same-sex relationship. He has been named as a Companion of the Order of Australia ‘s highest civil honour , in the 2017 Queen’s birthday honours list.

    Youngest Entrepreneurs of India
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    5. Martine Rothblatt (CEO of United Therapeutics Corporation)

    Martin Rothblatt
    Martin Rothblatt

    She is currently the highest earning CEO in the biopharmaceutical industry. She is the founder and chairwoman of the board of United Therapeutics. She was also the CEO of GeoStar and the creator of SiriusXM Satellite Radio. She has come out as a Transgender in 1994 , at the age of 40 years. She is currently married to Bina Aspen and has 4 children now. She is an strong advocate of Transgender Rights

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    6. Nick Denton (British Internet Entrepreneur)

    Nick Denton
    Nick Denton

    Nicholas Guido Anthony Denton is a British Internet Entrepreneur journalist and blogger. He is the founder and the former proprietor of the blog collective Gawker Media and was the managing editor of the New York based Gawker.com. Nick is open about his sexuality and is married to his partner, Derrence Washington.

    62 Business Ideas with Low Investment and High Profit
    One of the most desired things an entrepreneur wants in business is a smallinvestment business idea and high profits. To achieve this, they sought everyway to make their business run smoothly and increase revenue thus profitability.If you land on this article chances are you are looking for Busin…

    It doesn’t matter which sexuality one belongs to in order to achieve success. If one is hardworking and consistent about its work. These people are example that if one is determined ,then nothing is an obstacle.

    Comment below about your favorite LGBTQ+ entrepreneurs in the comment section.