It’s important to stay positive at work. If you stay positive at work, it increases your productivity and creates a healthy environment for everybody around you. Not just you, everyone meets with so many challenges during work but if one is not careful, work-related stress might arise resulting in mental and physical problems. Soon it will also affect people around you.
According to a report, 80% of workers feel stress on the job. Getting fired is easy as no one can cope with a stressed guy. In that situation remaining stay positive is the key to success. Make colleagues around you happy and can guarantee job security. Here are some of the tips you need to observe in order to stay positive at work.
Staying organized means you will manage and achieve your duties on time. Be creative in your work and divide heavy work into small manageable tasks. Engage people to brainstorm and get ideas. Stay positive and identify your strength. Disorganization becomes overwhelming hence reducing your motivation to work brings dissatisfaction and sometimes drives away your confidence.
Organize Daily Task
Get a break
Normally, in a day we work for 8 good hours. It is not healthy to work continuously because our minds get exhausted. Instead, take a break from your desk, walk outside either to get fresh air or cold water. It is very easy for your mind to wear out and chances of losing focus are very high. Motivation also goes down. When mind refreshes, we can work productively and stay positive.
Avoid Carrying Work at Home
There is time for everything. After spending eight hours at work, we need time for ourselves and our families after work. You are very likely to lose morale of going to work the following day if we continue carrying office work back at home. We should create time for our hobbies. Whatever task you did not complete that day, it is always advisable to prioritize it the following morning. Our minds are programmed to work in a certain manner.
Establish a Cordial Relationship with Co-workers
Relationships are very important as we need each other at work and even outside the working environment. It promotes efficiency and work become easy when your relationship is good with colleagues. You will always have somewhere to run to and get support when you are in need. Stress levels realistically will go down and you will stay positive.
Be a Team Member
Team Member
Avoid being rigid and selfish with your ideas. Avail yourself to support your colleagues in their jobs. Dot let them ask for your assistance. Create an opportunity to know what other people are doing, give them your skills and probably once they understand, they will not bother you anymore. They will give you ample time to do your stuff.
Volunteer to Take Up Tasks
Some employees lose focus when they take volunteer jobs as a bother. Gain more experience from every work you do. Take up tasks by yourself instead of waiting to be assigned. Opportunities might by-pass you. Remember, most of the time voluntary work is more recognized. Who knows? Your boss might decide to consider you for opportunities that may arise or get promoted.
Concentrate on One Task at a Time
I know one of the strengths employee’s looks is the ability to multi-task. Yes, it is good, but you need to work on one task at a time. This way, you can’t get confused or afford to lose focus. You might take up several tasks and fail to complete them which is a waste of time.
Definitely, we can’t be perfect all the time. Sometimes we make mistakes like typo errors or slip verbally in meetings. Whatever you did wrong cannot stick to people’s mind forever, admit, learn, correct and move on. Aim to improve and people will not remember the mistakes anymore.
Keep Personal Problems to Yourself
Life is full of problems. When we have personal issues, we tend to extend them in our place of work. This diverts our attention and start behaving funny and unbearably at work. This can hinder your productivity for the day.
Appreciate Your Accomplishments
It is important and healthy to appreciate yourself when you bring any task to accomplish. Sometimes it is not a waste of money to take you for a treat. This makes you proud and encourages you to do more and more. Let opportunities look for you only to stay positive at work.
Be aware of the good things in your life. Push yourself to do more each day. Describe yourself and your life with positive words. Surround yourself with positive people.
What are examples of positive attitudes?
For example, positive attitudes can include:
It is looking adversity in the eye and laughing
Getting what you get, and not pitching a fit
Enjoying the unexpected, even when it’s not what you wanted originally
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ResearchGate is European commercial social networking site that provides a professional network for the scientific and research community to connect with each other to share, discuss research and share papers, ask and answer questions, and find collaborators.
It was founded in 2008 by a group of scientists, and has quickly grown to become the biggest networking site of its kind, with over 11 million users worldwide. In fact, the number of users has more than doubled in only two years, and the site is even being dubbed the ‘Facebook for scientists’.
ResearchGate is an academic social networking site designed to facilitate access to academic research and collaboration between researchers. It was founded in 2008 by a group of scientists, and has quickly grown to become the biggest networking site of its kind, with over 11 million users worldwide. In fact, the number of users has more than doubled in only two years, and the site is even being dubbed the ‘Facebook for scientists’.
Geoffrey Love, senior member of the Investment Division at Wellcome Trust, the second-highest spending charitable foundation in the world said: “ResearchGate is an innovative and widely-used platform, which connects researchers with their peers around the world. Through providing a space to share results and ideas, it is helping researchers to advance their research and develop applications that benefit society.”
It has a blogging feature for users to write short reviews on peer-reviewed articles. ResearchGate indexes self-published information on user profiles to suggest members to connect with others who have similar interests. When a member posts a question, it is fielded to others that have identified on their user profile that they have a relevant expertise. It also has private chat rooms where users can share data, edit shared documents, or discuss confidential topics.
Four main uses of ResearchGate:
1. ‘Read and discuss problems’
Scientists are able to look at each other’s work, discuss their research within the academic community, and create professional partnerships. Active forums can provide a platform for less experienced scientists to find support and advice from those more experienced, and users have described long-lasting professional partnerships beginning from a request for help with their experiment.
2. ‘Create exposure for your work’
The online community provides a convenient platform for showcasing research, even before publication stage. The question-and-answer forums and comment areas mean that scientists can take part in a form of peer review, and enquire about others’ work.
3.‘Get stats [statistics] on your research’
ResearchGate has its own rating system (RG Score) to evaluate the impact of researchers and their work. However, this metrics system has caused some confusion, and even controversy; please see the section below for more information.
4. ‘Connect with your colleagues’
Search for other researchers and create contacts all over the world, while also keeping up to date with the latest scientific research.
ResearchGate – Logo and its Meaning
ResearchGate’s corporate logo starts with a process of discovery which reveals the organization’s corporate identity and refers to company’s values, its’ principles, personality, history, culture, strategy, structure, and all the actions, future plans and visions.The corporate logo creates a positive image in the minds of consumers and serves as a competitive advantage to enhance a firm’s reputation by increasing visibility and creating recognizability and awareness about company’s promise of quality as a differentiator.
ResearchGate was founded in 2008 by the physicians Dr. Ijad Madisch and Dr. Sören Hofmayer, along with computer specialist Horst Fickenscher.
“Our goal is to free knowledge from the ivory tower, to digitalize it and make it accessible for everyone in order to accelerate scientific progress,” says Madisch, who is also the company’s CEO.
It started when two researchers discovered first-hand that collaborating with a friend or colleague on the other side of the world was no easy task. Launched in 2008, ResearchGate was one of the earlier academic social networks on the Web. ResearchGate was founded in 2008 by virologist Dr. Ijad Madisch, who remains the company’s CEO, with physician Dr. Sören Hofmayer, and computer scientist Horst Fickenscher. It started in Boston, Massachusetts, and moved to Berlin, Germany, shortly afterwards.
The company’s first round of funding, in 2010, was led by the venture capital firm Benchmark. Benchmark partner Matt Cohler became a member of the board and participated in the decision to move to Berlin.
“ResearchGate is an innovative and widely-used platform, which connects researchers with their peers around the world. Through providing a space to share results and ideas, it is helping researchers to advance their research and develop applications that benefit society,” said Geoffrey Love, senior member of the Investment Division at Wellcome Trust, in a statement.
ResearchGate has 6 current team members, including Co-Founder & CEOIjad Madisch. Bastian Hofmann – the Senior Software Engineer, Valeska von Mühldorfer – the Office Operations Manager, Tucker Park – Manager, Strategic Partnerships and Business Development, Sören Hofmayer – Chief Strategy Officer, and Horst Fickenscher – CIO and Co-Founder.
The platform revolves around research papers, a question and answering system, and a job board. Researchers are able to create a profile that showcases their publication record and their academic expertise. Other users are then able to follow these profiles and are notified of any updates.
The company’s mission is to connect the world of science and make research open to all. 12 million researchers have made more than 140 million connections on the network, and share over half a million updates about their research daily. ResearchGate has completed four rounds of financing from Benchmark, Founders Fund, Bill Gates, Tenaya Capital, Wellcome Trust, Goldman Sachs Investment Partners, and Four Rivers Group.
ResearchGate – Business Model
ResearchGate is a for-profit enterprise. They have had two rounds of funding and have investors that have previously been involved with Facebook, LinkedIn and PayPal. Such investors obviously expect a return. ResearchGate is building the site, user base, traffic and (user-generated) content. There are currently 12 million registered members, compared to 467 million currently on LinkedIn. (Membership is free on ResearchGate, the company instead makes revenues from things like recruitment and other advertising, both of which are being directed at exactly the audience that those advertisers want to reach.)
ResearchGate – Funding and Investors
ResearchGate has raised a total of $87.6M in funding over 4 rounds. Their latest funding was raised on Feb 28, 2017 from a Series D round.
As LinkedIn continues to reign as the world’s largest social network for the wider working world, we are seeing the rise of alternatives that are besting and beating it in specific verticals. ResearchGate, a Berlin-based startup that provides a professional network for the scientific community to connect with each other to share and discuss research, is today announcing that it raised $52.6 in a Series D round of funding, bringing the total raised to over $100 million.
This latest tranche of money comes from an impressive list of strategic and financial investors that include the Wellcome Trust, Goldman Sachs Investment Partners, and Four Rivers Group, Ashton Kutcher, LVMH, Xavier Niel, Bill Gates, Benchmark, and Founders Fund, some of whom (like Gates, Benchmark and Founders Fund) were investors in previous rounds. The startup has already been using the funds to build new features, such as Projects, to expand the functionality of its platform.
ResearchGate – Competitors
ResearchGate’s competitors include Academia.edu, Google Scholar and Mendeley. In 2016 Academia.edu reportedly had more registered users (about 34 million versus 11 million and higher web traffic, but ResearchGate was substantially larger in terms of active usage by researchers.
The fact that ResearchGate restricts its user accounts to people at recognized institutions and published researchers may explain the disparity in active usage, as a high percentage of the accounts on Academia.edu are lapsed or inactive. In a 2015-2016 survey of academic profile tools, about as many respondents have ResearchGate profiles and Google Scholar profiles, but almost twice as many respondents use Google Scholar for search than use ResearchGate for accessing publications.
ResearchGate – Challenges Faced
Millions of articles have disappeared from ResearchGate, the world’s largest scholarly social network. In 2017, five publishers said they had formed a coalition that would start ordering ResearchGate to remove research articles from its site because they breach publishers’ copyright.
A spokesperson for the group said that up to 7 million papers could be affected, and that a first batch of take-down notices, for around 100,000 articles, would be sent out “imminently”. ResearchGate declined to comment on the coalition’s statement, but its terms of service ask users not to store information that infringes copyright. They also state that because the site neither previews nor automatically reviews information that users have stored on it, ResearchGate can’t know about — and isn’t liable for — any possible infringements. The site says it will quickly disable access to infringing material after being notified of a problem.
ResearchGate – Growth
To begin with, it’s in the community’s growing job board where the founder sees future opportunities for monetization. As of now, companies and institutions post in the community for free, but Madisch says that down the road, one can imagine ResearchGate beginning to charge employers to post their listings in its job forum. The founder also sees an opportunity for monetization in creating a marketplace for scientific equipment and services within ResearchGate, allowing manufacturers and the companies responsible for making and distributing those services to get direct feedback from the community on what works and what doesn’t.
ResearchGate has received substantial financial backing from venture capitalists and Bill Gates, but it is not clear how the platform will generate revenue. ResearchGate isn’t quite on the same growth curve as the two early social networks, but it’s begun to find some traction in the scientific community, having grown to more than 2.8 million members spread across 131 countries since launch, with 30 percent now logging in once per month.
ResearchGate – Future Plans
Matt Cohler(General Partner at Benchmark and Former VP of Product Management, Facebook) recognizes a similar ambition at ResearchGate to what he saw in his early days at LinkedIn and Facebook, and that, like those two businesses, the startup could be on its way to becoming a “true network effect business.”
In the near-term, the ResearchGate founder said that company will focus on using its new $35 million to scale and ramp up growth and engagement. The company is also beginning to toy with the idea of creating an API and finding the best ways to open the platform up to enable third-party developers to build apps and tools based on the data being aggregated within its walls.
ResearchGate has been regarded as one of the most attractive academic social networking site for scientific community. It has been trying to improve user-centered interfaces to gain more attractiveness to scientists around the world. Display of journal related scietometric measures (such as impact factor, 5-year impact, cited half-life, eigenfactor) is an important feature in ResearchGate. Open access publishing has added more to increased visibility of research work and easy access to information related to research.
Moreover, scientific community has been much interested in promoting their work and exhibiting its impact to others through reliable scientometric measures. However, with the growing market of publications and improvements in the field of research, this community has been victimized by the cybercrime in the form of ghost journals, fake publishers and magical impact measures. Particularly, ResearchGate more recently, has been lenient in its policies against this dark side of academic writing.
Therefore, this communication aims to discuss concerns associated with leniency in ResearchGate policies and its impact of scientific community. The site has been criticized for sending unsolicited email invitations to coauthors of the articles listed on the site that were written to appear as if the email messages were sent by the other co-authors of the articles and for automatically generating apparent profiles for non-users who have sometimes felt misrepresented by them. A study found that over half of the uploaded papers appear to infringe copyright, because the authors uploaded the publisher’s version.
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.
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
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.
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
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.
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:
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.
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.
The content in this post has been approved by the organization it is based on.
A coworking space is slightly different from a normal routine office or you could encapsulate it as a space for “Nomad Works”. A coworking space is like a custom office that offers affordable office workspaces, so it is essential to bring up the suite of the office like hot desks, coffee tables, meeting rooms. Coworking in India will be growing to $3.5 billion by 2022 from $350 million in 2018.
YesssWorks is a coworking space based in Mumbai and it brings mostly the remote workers, start-ups, workshops, entrepreneurs, and freelancers to escape their isolation from home and stay at bay from hectic office hours.
YesssWorks Space is a coworking space designed and operated in a way that not only provides the workforce with a conducive environment to increase their productivity but also inspires them to grow professionally. Keeping the emerging need for budget friendly spaces in mind, YesssWorks paved its journey in 2019 focusing on Mumbai & Pune.
YesssWorks coworking space is designed for effective working, with ergonomic & aesthetic designs. This not only enhances productivity but also supports creativity, and builds up a friendly community with great networking opportunities along with all requirements needed for running business operation in place. The house team provides with their availability to take care of all functions of the workspace so you can concentrate on your business.
YesssWorks- Founders
YesssWorks Space is founded byNainesh Kapadia and Mihir Shah.
Nainesh Kapadia and Mihir Shah- Founders of YesssWorks Space
Nainesh Kapadia has done his MBA in International Business, Trade and Tax Law from Victoria University in 2001. Being the Founder and Director of YesssWorks, he develops business strategy and is a growth expert. Mr. Kapadia holds his expertise in working, leading and managing industries across packaging, banking, dairy, automation, e-com and technology. He has shown his keen interest in Rural and Economic Development models. He has a soft corner for animals and being a business man he never lags behind when it comes to volunteering. He is a trustee member of well-known animal welfare society i.e. Shrimad Rajchandra Love & Care.
Mihir Shah had done his B.Tech in Electronics from University of Mumbai (batch-1997), and M.S. in Computer Engineering from The University of Texas at Austin. After graduating from his engineering life, he right-away geared up for Management Studies inFinancefrom The Wharton School. Maintaining his responsibilities as a founder of YesssWorks, Mr. Shah is the Director of Ubuntu Montessori and is also Co-Founder of XSTOK. It can be said that he had his major break in January 2015, and he’s been holding high positions since then.
Given the small team, both focus on all aspects of the business. However, individual responsibilities and various roles are divided for clarity in responsibility.
YesssWorks Space Team with founders
How YesssWorks Started?
YesssWorks emerged from earlier Fundtonic, which was a seed funding incubator. The company started as a coworking spaces to provide office space at affordable prices to its incubated companies. Modern and open custom office space at affordable prices was a big hit with its incubated companies and the demand spread to a broader startup universe. This leads to the opening of a new vertical in coworking sector to bootstrapped startups, and eventually established corporates providing holistic business space solutions.
In 2019, the coworking business was carved out into a separate entity to focus entirely on providing a contemporary working environment. YesssWorks understands the need for flexible & ergonomically designed workspaces which are economical and provides a comfortable space.
YesssWorks- Logo and Tagline
YesssWorks Space Private Limited provides modern and beautiful office workspaces for creators and inspiring community. With an elegant logo, YesssWorks gives a tagline to the company: “Luxuriously handcrafted spaces re-engineered for your needs. Upgrade your office space and move into YesssWorks coworking!”
YesssWorks Logo
YesssWorks- Vision and Mission
YesssWorks keeps up with a vision to enhance today’s rapidly evolving work by connecting people in thoughtfully designed easily accessible spaces. Due to it’s cost-effectiveness, it is not only budget-friendly but the workspace covers all the major commercial hubs in Mumbai and Pune. The shared workspace aims to provide targeted technology and business solutions for entrepreneurs, SMEs and enterprises for ease of business.
YesssWorks- Target Market Size
Coworking in India will be growing to $3.5 billion by 2022 from $350 million in 2018, and YesssWorks targets working on this. Their sector is an agnostic coworking space that caters to all types of business from freelancers, startups to established corporates. It’s not possible to point out at just some sectors to specify the size of the target market but their focus is Mumbai and Pune, which are among the top 5 cities in India for commercial space and coworking space given the high concentration.
They not only focus on the established corporates but also bootstrapped companies & startups for providing flexible workspaces & other business solutions. The company’s different product offerings and budget friendly ergonomically designed workspaces are something that differentiates us from their competitors. Also, they work more on providing the best possible experience & comfort to each one of our members by understanding their individual needs. The team of like-minded professionals ensures nothing but the best services provided to everyone working out of their hubs in both the cities, Mumbai and Pune.
YesssWorks- Products/Service
YesssWorks is providing workspace as a service. They keep their focus more on providing the best possible experience and comfort to each one of our members by understanding their individual needs. The custom office has built its infrastructure in a way which provides all the amenities of contemporary office in beautiful and ergonomically designed workspaces with full services which has resonated strongly with our customers.
YesssWorks is known for its services and products offered to the market. They focus on ensuring the warm & friendly community culture for people who visits the workspace.
They started with one location in Andheri East (Mumbai). However, based on demand from their customers, they started evaluating other “hot” commercial sectors in need of office space and infrastructure solutions. They studied the need & demand of the emerging startups and key geographical markets narrowing down to Mumbai and Pune as key focus markets. The focus was to give ease of access and ability to work anywhere in these two cities which helped them to come up with different segments of spaces in regards of customization and flexibility for almost every demand group in the industry.
The evolution has mostly been organic as they were able to capitalize on customer service and ease of operations from their coworking hubs. They also host events, celebrations, talk shows, mentor access, partnerships for our coworkers. They are a coworking with minimum frills allowing their customers to work whenever they want and be the part of the coworking community.
HappleyFit Fitness Party at YesssWorks Space in Pune
YesssWorks- Business and Revenue Model
Their primary product is office space sold by seats. Clients avail to Flexi seats, Fixed seats, Cabin seats, or customized area. Pricing ranges from 4,999 per seat to 15,000 per seat depending on the type of seat. The contracts range from daily pass to monthly to annual contracts.
YesssWorks coworking space
They also provide ancillary services for the comfort and convenience of the coworkers such as courier, stationery, concierge, pantry, bandwidth on demand, 24 hours operations and many more
YesssWorks- Challenges
Every startup faces challenges once when they begin to grow. Since, YesssWorks is a coworking community where people gather up to meet with their remote teams. More recently, the COVID-19 pandemic situation has hit the coworking industry brutally. Not only the offices have had to remain shut for extended times, a lot of the customers are seed funded & bootstrapped businesses which are struggling to survive as the economy continues to remain closed due to the sudden financial hit in their respective businesses. So, many co-workers chose to downsize within the current contract while some chose to opt for account suspension for at least upcoming 3-4 months.
The challenge for coworking space companies is that the major burden of loss of business is being borne by them as coworkers have demanded discounts and waivers while the landlords (which is typically 50% of expenses) have not provided any corresponding relief.
They’ve continued to work with our coworkers to find a mutually acceptable solution. To make it work, they have offered deep discounts, accounts suspension without penalties and even free usage to support our clients. The key has been transparent discussions about the situation and costs. YesssWorks has also proactively passed any benefits in operational costs (lower electricity, housekeeping, etc.) back to the clients so that there is no undue benefit to us.
They are trying to support all businesses working with them with their hardships to make sure they can manage without undue burden theirs during these difficult times of global pandemic.
YesssWorks- Customers/Clients
They have been very active in their sales channels while building personal relationships and offering incentives to foster a long-term partnership. They have 4 key channels:
Brokers – They’ve cultivated relationships with IPCs and local brokers for large and corporate clients looking for office space.
Online – They target freelancers, individuals, small businesses through Google and social media ads.
Aggregators – They are registered with all prominent online aggregators of offices space
Office Mapping – Their sales team runs outreach programs to all commercial buildings near their hubs to target companies that have outgrown their offices and in need of few additional seats.
YesssWorks has partnered with various service providers to provide discounted value-added services to our coworkers
Business Services: Logistics, Outsourced HR, Outsourced accounting, legal services
Personal Services: Salons and restaurants in the vicinity of the hub, subsidized doctor visit for routine checkups, etc.
Their most popular and successful marketing campaign is a 3-Day Free Trial. This works especially well for 1 to 10-seater clients. We have a conversion rate of 96%for the clients who have tried the space and signed a contract for a service plan.
YesssWorks- Advisors/Mentors
They have on their board industry experts and businessmen who themselves made it to the top on their own.
Bhavin Parikh, GlobeTextiles limited
Dhiren Shah, Moneybee Advisors
YesssWorks- Funding and Investors
They’ve raised friends and family round to seed money, initially. Being in the market and handling over 1000+ seats they have understood the business and are now ready for expansion and partnership opportunities. They believe that a bigger footprint in these two cities will be the way forward for the coworking community.
YesssWorks- Price
Universal Day Pass — Rs 999/- for 5 days at any of our hubs
YesssWorks- Future Plans
They have 4 locations, while 2 in Mumbai (Andheri MIDC, BKC Annexe) and 2 in Pune (Baner, Bavdhan) with expansion plans in both the cities. Their team members have grown from 100 to almost 1000. The company has served more than 200 different companies of all sizes – individuals / sole proprietors to large conglomerates.
We believe, coworking as a sector will continue to grow as more and more companies have become more comfortable with shared office space, and they are quite liking the idea of not having to spend on capital expenses or getting stuck to long term commitments for rentals and fixed expenses.
Their main focus is in Mumbai and Pune, two of the largest coworking markets in India. They believe, rather than one or two large spaces (>50,000 sq ft), they would like to build mid-size spaces (15,000 to 20,000 sq ft) all over Mumbai and Pune targeting every commercial area. The idea is to blanket the cities so companies don’t need to concentrate their teams in one area but can have their teams split across different hubs with seamless interchangeability and also intercity functionality from YesssWorks being the common office space providers.
They strongly acknowledge that this will help reduce inefficiencies like commute time, setup costs, and improve work productivity and improve work-life balance. By providing familiar and similar business environments across all Hubs, a co-worker can sit out of any convenient hub and feel comfortable and have access to all amenities anywhere.
YesssWorks- FAQs
What is YesssWorks?
YesssWorks Space is a coworking space designed and operated in a way that not only provides the workforce with a conducive environment to increase their productivity but also inspires them to grow professionally.
Who founded YesssWorks?
YesssWorks Space is founded byNainesh Kapadia and Mihir Shah in 2019, which is based in Mumbai and Pune.
What will be the growth of Coworking sector in India?
Coworking in India will be growing to $3.5 billion by 2022 from $350 million in 2018.
They’re smart. They know their code. They got the ardor to get into your system. The strengths and the backdoors, they know it all. Yes, we’re talking about the brilliant minded, cyber thrill seekers called Hackers. The term hacking, means to gain unauthorised access in someone’s computer or private network for some illicit purpose.
Nowadays, the word “hacker” carries an excessively negative connotation, projecting images of digital thieves intent on stealing identities and letting disruptive viruses loose into cyberspace.
It wasn’t always the same. In fact, computer hackers were originally viewed by society as technology fanatics who wanted nothing more than to optimize, customize and improvise. Decades later, with the growth of viruses and cyber crime – the traditional hackers got stuck together with those of malicious purpose and the censure of hacking began.
Curious as to how this evolution came to be? Let us now see the complete story behind the topic- Growth and Evolution of Hacking Industry.
Hacking originated from the term “phreaking” (hacking phone systems), in the late 1990s and early 2000s. Gaining access within networks was called “cracking.” The primary motive of hackers was to get into the phone system.
1980s brought with it the personal computers. More people, businesses and governments adopted to them, and a whole new world of technology fascinated the hackers. They had a gala time playing around in this new tech realm, and simultaneously, discovering the loop holes in the network.
The law responded swiftly. The emergence of cyber criminals was met in 1986 with the first legislation related to hacking, the Federal Computer Fraud and Abuse Act but this didn’t stop these criminals.
Initially, hacking was primarily done to get the adrenaline rush—the computer equivalent of sky diving.But over time, these players realized that they could make money off of their skill. Why destroy a file, corrupt a program and play cat-and-mouse with the IT team when you can rip them off with a code? A black market began to surface.
By 2003, Microsoft was offering money to hackers that could corrupt Windows. Ethical hacking took birth to discover vulnerabilities and fix them before an unethical hacker gets in.
When cybercrime takes place on a larger scale, like to a giant retailer, the damages value upto tens of millions for a single business.
Hackers make use of hardware and software to test how easily a computer network can be infiltrated. Vulnerabilities are sited at any one of a number of points, such as the Internet connection itself, the browser or the operating system of the user’s computer.
A decade ago, hackers crashed computers, making the user instantly aware they were hacked. Nowadays, hackers leave no proof. How could they get your banking information if your computer is crashed?
Instead, they inject a Trojan that waits, undetected, then springs into action when you begin online banking—transferring information to the hacker.
By the mid 2000s hacking was carried by state sponsored hackers, organized criminals, hacktivists and cyber terrorists. Some political attacks like the interference by the Russians in the 2016 Presidential Election or the Stuxnet virus.
Hacktivists groups use their fervour about certain beliefs and plot an attack against a group that they disagree with. For example, a hacktivist group known as “Anonymous” attacked the Church of Scientology by flooding its servers with fake data requests. All they wanted was for the Scientology website to take down a video of Tom Cruise endorsing from their website.
Most attackers hack for the money. They hack into system and demand large ransom payments to prevent information leak.
There were 1,903 breaches disclosed and 1.9 billion exposed records in Q1 alone, according to RiskBased Security.
Some repeated patterns that were traced are:
1) Presence of Misconfigurations
43% of data breaches linked misconfigurations analyzed by X-Force. That accounts for 990 million records lost.
2) Phishing is still there
29% of cybersecurity attacks used phishing, according to go X-For ce. About half of the latest phishing attacks involve hackers fiddling with business email.
3) Coin-mining malware
Cryptojacking(unauthorised use of someone else’s computer to mine cryptocurrency) attacks grew a surprising 450% last year, according to Proofpoint.
4) Extortion as the new ransomware
Includes credential theft, downloaders, and infected attachments. There has also been a significant surge in direct attempts to blackmail executives.
5) Missing passwords
Nearly three-quarters of the records lost in 2019 contained email addresses and passwords, per RiskBased Security. 10% had credit card or social security numbers.
6) Malicious domains
About 10 million DNS requests to harmful sites are blocked each day, according to X-Force.
7) SMS leads to malware
Android malware named TimpDoor raised prominence in early 2019. When an attack starts, users are generally prompted to download a malicious app via SMS phishing, or “smishing,” according to McAfee. These apps install an unforeseen backdoor that gives hackers access to corporate and home networks.
Current Market Size and Future Projection of Hacking Industry
Hacking collectively called Cybercrime is a major threat to every organisation in the world, its effect on society is reflected in the Official 2019 Annual Cybercrime Report, announced by Cybersecurity Ventures.
As per the report, it will cost the world $6 trillion annually by 2021, up from $3 trillion in 2015 marking the greatest transfer of economic wealth in history, risking the reason for innovation and investment.
Cybercrime might triple the number of jobs to 3.5 million unfilled cybersecurity positions by 2021 — which is up from 1 million in 2014 – and the cybersecurity unemployment rate will remain at 0%.
The international cyber security market size was at USD 131.3 Billion in 2018 is expected to reach USD 289.8 Billion by 2026, according to fortune business insights.
Global security spending on identity access management is accounted to reach 10.58 billion U.S. dollars in 2019. Spending on security services, the largest segment of the information security market, might reach 64.24 billion U.S. dollars in the same year as per Statistica report.
Hacking trends are tricky to predict.With that said, there are a few ways you can innovate faster than hackers and respond to emerging threats in 2019 and beyond.
*) Protect the endpoints
Hardware weaknesses are common, means hackers can keep harvesting data in the easily. It should be kept in mind that the time to address device vulnerabilities is before data loss.
*) Analyse human error
Hackers sense vulnerability, and they target the weakest link in your network. Sophisticated social engineering as well as less-sophisticated blackmail attempts take place. Some user may click on spammy attachments, even after years of training.
Awareness should be spread. Invest in smarter spam filters and devices that can quarantine and eliminate threats before they infect your network.
*) Visibility is a security advantage
Hackers love it when you make their job easy with an unprotected cloud database or printers protected with easy passwords. The solution is to install services that enable you to understand risks across multiple cloud environments and multi-vendor printers.
Vibhavari Madki
