Tag Archives: Productivity

5 Survival Tips for Young Entrepreneurs with Little Experience and Money

This entry was posted in Articles, Careers advice, Working life and tagged , , , on by Mar.

Entrepreneurship is a goal for many. There is nothing better than the feeling of being your own boss and calling all the shots. Especially with the UK labour market not being as appealing as it once was.

While in thought, everything about becoming an entrepreneur may seem amazing, it is actually difficult when you start on the entrepreneurial path. So difficult that 3 out of 4 entrepreneurs end up failing.

There are many reasons for failure such as pressure and stress on entrepreneurs as they are solely responsible for the outcome of their business. Which can take a toll especially if you have little experience and money.

But don’t sweat it too much, the following tips will help you survive the quest of becoming an entrepreneur and yield the rewards and excitement that come with it.

Make sure you are passionate

For any entrepreneur to be successful they need both passion and commitment. You need that fire from within to really drive you to succeed.

If you feel that you don’t have the passion or time for commitment towards your solution, even the slightest bit of doubt, you may want to reconsider investing heavily in it and trying to build a business out of it. The reason why is because the path is not all rainbows and butterflies, there will be more downs than ups initially. The only thing that will drive you at that point is your passion.

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Pick a mentor

The path of entrepreneurship is not easy and twice as hard for someone who is inexperienced. While you, yourself may not have the experience, doesn’t mean you can’t find someone to guide you on this path. Someone that is an experienced entrepreneur. A mentor can help you plan and set a strategy that is not only effective but realistic.

Throughout your journey, you will have someone to turn to for guidance and assistance when needed. You may need to give up some equity for their time and guidance but at the end of the day, it will be worth it when your business succeeds.

Budget the limited cash you have

One of the biggest mistakes entrepreneurs make is that they focus more on their potential in years to come rather than focus on today, especially when it comes to money. Rather than thinking about your projected earnings in the next 4 years, focus on what they are today. Don’t get lost in projections because then you will end up spending more money, thinking you will be okay cause your projections will have you covered.

Think of cash as the oxygen for your business, without which it won’t survive. Have a plan of what your costs are today and what it will take for your startup to stay afloat for at least a year.

You want to consider your rent along with other overhead costs like broadband internet, electricity, and so on. Plan and budget accordingly today so that your cash doesn’t bleed. Always check if there’s any available discount code to save money. Otherwise, you’ll create even more problems for your business and you don’t really want that, do you?

Know your market before you make the product

Never make a product and then try to create a demand for it. This is a sure way to fail. It is important that you do your research prior to making your solution. The solution needs to fulfil a demand that is already there in the market.

Therefore, talk to your target audience and devise your solution accordingly. The idea you have will have a specific market whether it is adults, children, parents, and so on. Speak to them and see how they would want the particular problem your solution is solving to be solved. This will allow you to cater your offering to the liking of your audience.

Have the right people around you

It is very difficult to build and grow a startup on your own. You may think that you can make it on your own but if you truly want to be successful, you will need a team by your side.

It is important that you select individuals that not only believe in your solution but share a similar vision as you. This is the only way you can be certain that they will put in the effort that is required to help make your startup a success. While you may have to take time in finding such individuals, in the long run, the effort you put in will be worth it.

Sources: JobisJob, Entrepreneur, Plusvouchercode, Freepik.

3 Applications for Improving Productivity

This entry was posted in Articles, Working life and tagged , on by María Aragón.

“The most productive work is that which comes from the hands of a happy man” (Víctor Pauchet)

We’re not alone. There are more and more applications designed to make our lives easier: being more productive in our professional environment; meeting targets effectively; and managing projects with maximum guarantees.

We suggest 3 applications with different purposes:

1. WOFFU.COM. Employee holiday manager. A jewel for the Human Resources department that means they can keep control of holiday days, overtime and absenteeism from work within the company. It’s easy to use and has lots of advantages to encourage you to say farewell to the classic Excel:

-          It can be accessed from any device.
-          It has various set-up and visualisation filters.
-          It sends email notifications of holiday requests, approvals and related comments.
-          It sends alerts regarding conflicts of dates within a department and regarding start dates for holidays.
-          It has a counter for overtime and absenteeism from work for subsequent conversion into holiday days.

Woffu

For other similar options you can try whosoff.com or Timestatic.

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How to be Happier at Work

This entry was posted in Articles, Working life and tagged , on by Jeannine.

Did you know that 50% of your happiness depends on your genes? A happy mother or father probably means a happy child. So stop envying your peppy colleagues who smile no matter the situation, it’s genetic. 40% of our happiness is a result of how we see and process the world and the last 10% is dependent upon our environment. (Sonja Lyubomirsky)

how to be happier at work

If you weren’t lucky enough to be given the happy genes, don’t fret. Happiness is a learned skill and there’s a lot we can do to increase our overall disposition. Happiness is something we develop over time. It’s the balance between being happy in the present and working towards future happiness. The trouble with most people is that they are at either one of these two extremes. There are those that live for the moment, they crave instant happiness and satisfaction. Then there are those who only think about future happiness, they work hard, long hours at a job they don’t like because they believe that money, success and happiness will come in the future.

It’s true that we have moments of happiness throughout the year. Those may come when we reach a goal we’ve set for ourselves or when something satisfying happens; a salary raise, a new car, etc. But this feeling is fleeting and when the moment passes, we may find ourselves back to where we were before, searching for something more. Martin Seligman states that there are three types of happiness:

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Countries That Can Teaching Us Something about the Lunch Break

This entry was posted in Articles and tagged , , on by Jeannine.

If you’re in the UK, especially London, or the USA, you’ve got a bad reputation with Lunch. That’s right, taking lunches at your desk or in under 15 minutes in the cafeteria or office kitchen is not how lunch wants to be eaten. Numerous studies have explored the importance of small breaks throughout the day and a lunch that diverts attention from the stress of the day to well, enjoying your lunch. We know that breaks increase productivity and generally make us happier, saner people. On the contrary, not taking breaks increases our stress levels, increases our chance to develop depression and one last side effect, it could increase our mortality rate.

taking your lunch seriously

What’s surprising is that the majority of countries working longer hours take fewer breaks and are less productive. If having shorter work days and taking more breaks means getting more done, why aren’t more countries latching onto the idea?

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What You Should Know about Coffee

This entry was posted in Articles and tagged , , on by María Aragón.

The benefits and disadvantages of long-term consumption of coffee will surprise you.

effects of coffeeMonday. Early start. Meeting first thing. An exhausting work day lies ahead. Tomorrow too. And the day after tomorrow. And the day after that. Faced with this panorama, either you get a phone-call to tell you that you’ve inherited a huge fortune or, when the alarm-clock goes off, you need an extra shot of espresso to help you stay human. What flavour and what an aroma! And as if we only needed one little cup a day. Coffee has become our main fuel for performance and concentration at work.

If you’re addicted to coffee, don’t feel guilty! The world is too; around 2000 million cups of coffee are consumed every day. (I’m sure you’re not that bad.)

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