Browse Category: Business

entrepreneur tips

5 Traits of Successful Entrepreneurs

While entrepreneurs come in all shapes and sizes, there are some common characteristics that you can trace across many of them. In this blog post, we are going to check out a few of them. Perhaps if you are planning on starting your own business, you can identify the ones that you already possess and the things that you still need to develop in the future.

Motivation

It almost goes without saying that motivation is a crucial factor if you are hoping to achieve success in the business world. Without the drive to constantly bring your business up to the next level, it is unlikely that you will succeed. You need to have a real passion for the vision that you are aiming to bring to bring to life as this is what will make it much more likely that you will achieve your aims.

Creativity

Of course, you need that initial burst of creativity to get started in the first place. But you also need to be ready to innovate throughout the lifespan of your company. The businesses that last for a long period of time are the ones that are always reinventing themselves and refining their services to better suit their clients. Perhaps this means investing in the latest technology or opening your company up to new services and products. To run a successful company, you need to give yourself time on a regular basis to be creative.

Risk Tolerance

Whether you are funding the business yourself or you are obtaining a loan using a service like smallbusinessloans.co, you need to be willing to take a chance on yourself and your idea in the first place. Without taking risks, your company will struggle to move forwards and reach the heights which you had initially envisaged for it. However, don’t confuse this with recklessness, which is obviously a characteristic which is not going to be beneficial to any business person.

Decisiveness

Though it is a good idea to be willing to listen to a range of different opinions and ideas, the final decision is ultimately going to be yours. So, as a business owner, you need to have decisiveness and confidence in the choices you are making. Employees and clients will have more confidence in you and your abilities if you can clearly demonstrate to them that you are willing to take big choices on your shoulders.

Persuasiveness

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The final quality that we are going to discuss is persuasiveness. This is how you will be able to convince others that your idea is really a good one. All businesses come up against doubters along the way, but it is the ability to get them on your side which makes a great entrepreneur stand out from the crowd.

Hopefully, you already recognise that you possess some of these traits, and there are certainly others that you can work on so you become more of a well-rounded entrepreneur.

career

5 Services The Young Professional Should Never Be Without

In this day and age, it’s only natural that you’re going to want to put your all into your career. Right now, it’s more possible than ever to reach your dreams. Whether that means you want to start your own business or chase the corporate career ladder, you can. But at the same time, when you’re putting everything you have into making your career take off, it’s quite the understatement to say that you’re leading a busy life. So much so, that you may not have a lot of time for anything else. But your life still must go on. So, that’s why you need to look into the right services to help you out. And as a young professional, here are five services that you shouldn’t be without.

Virtual Assistant

When you’re super busy, it’s safe to say that a personal assistant comes in incredibly handy. However, at the same time, you may not really have time to hire someone to come and work for you – literally at work. But, you still need somewhere there. This is where the virtual assistant comes in. Think of them as the new personal assistant. Because they can take on any jobs that a personal assistant might, like booking appointments and arranging travel, but still be based remotely. And this will fit in well with your busy lifestyle.

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Housekeeping

Working super long hours doesn’t leave you with an awful lot of time for anything else. Not only does this mean that you’re not really able to take on anything too strenuous outside of work, but you’re not going to be all that great at keeping your home together either. Nevertheless, it still needs to be looked after. So, hiring a housekeeper could be a smart move for you. For the few hours that you are home, it will always be kept together, and you won’t have to worry about that yourself.

Matchmaker

The chances are, you’re not going to be all that free to find the love of your life either. While it’s a nice idea to see yourself locking eye with someone in your favorite book store, you probably just about have time to order on Amazon. But if you do want to find love, you need an efficient executive dating service to help you instead. Then, you’ll be able to find the right kind of person that you want to spend your life with, without the hassle of dating.

Car Service

And then there’s also transport to think about. If you’re so busy that you tend to travel a lot, or you’re always on the go heading to meetings and events, you’re going to want to opt for a car service. Sure cabs can be okay, but they’re not always reliable. But with your own service, you know you have transport ready for whenever you need it.

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Subscriptions

Finally, you need to get yourself some subscriptions in place too. From weekly food or snack deliveries to data storage, when you have everything you need on subscription, you won’t have to worry about reordering, as everything will be ready and waiting for you on time.

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How To Set Up Your Own Service-Based Business

When it comes to setting up your own business, a lot of guides and tips focus on the product you are selling, however, there is a market for setting up a service-based business. Over the course of your life you will have built up skills and knowledge that can help people and provide them with assistance – whether that assistance is for their company or themselves – it would be invaluable to many potential customers. Below are a couple of ideas to help you decide whether a service-based business is the right career path for you and your lifestyle.

Life Coach

If you are someone who just wants to help people reach their true potential, and find a pathway in life that is sustainable and works towards achieving their goals this could be the path for you. It is wise to do your research to find a course near you or look online for a website like https://www.animascoaching.com/dptc/ that offers an online course to provide you with the qualifications in order to become a Life Coach. Your research will give you some idea of the time and dedication needed to go from your position now, to launching your business. That being said, the time and money put into training will definitely be worth it when your first client is has achieved all the goals that you both set in place. Becoming a Life Coach will allow you to create your own schedule and have a career that is flexible to fit around your lifestyle.

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Private Recruitment Consultant

If you have a background in sales, or just think that sales could be the right market for you, recruitment could be a good fit for your career. You could work for an established company from home, or you could set up as a solo consultant, however all your income would then be based solely on commission. As with all service-based businesses, you will need to be able to network effectively, but you will have to sell your services to two separate customers; the client (the company who is looking for staff) and the candidate (the person looking for a job). Your task will be to create strong working relationships from scratch with a variety of companies. It’s good to specialize in a particular sector to help you gain better traction and credibility too. This job is not for the faint of heart though; you will have to work long hours in order to meet your objectives. During office hours you will be busy with client meetings and preparing your candidates for interview, but outside of office hours, you may have to make calls to seek out potential new candidates for roles you have to fill. It’s a long process, and people can be tricky, letting you down at the last minute. But if you can stick it out to build up a good network and reputation, the earning potential is amazing.

Hopefully, this has given you some food for thought on how you can set up your own service-based business and change your career path to something that suits you. Create a career that inspires you every day, helps you feel accomplished, and makes you happy – and you’ll be set for life.