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Business motivation Strategy

5 Steps To Design World Class KRAs And KPIs For Business Success

Most of us are very much aware of the infamous Peter Drucker quote- “What gets measured gets improved.” The quote is very much relatable in today`s world because many of us readily recognize the importance of Key Performance Indicators (KPIs) and Key Result Areas (KRA).

As the companies are pushing the boundaries to increase productivity and value, KPIs and KRAs play a vital role in a company`s decision-making process. They serve as the necessary success factors for your company. They not only define your ongoing responsibilities, but also enhance communication across teams and other departments, convey strategies across all employees, and help to align them with the company`s goals.

These goals begin from the top and trickle down to every team in the organization, each performing their designated functions to take the business ahead. This is why many start-ups and mid-level companies are taking professional expertise from the business coaches in India to help build clear and well-defined KRAs and KPIs.

But what exactly are KPIs & KRAs?

Firstly, let`s talk about KPI or Key Performance Index. It is a measurable value that determines how successfully a team or an individual is achieving a business objective. Companies across the world use KPIs to guide and help employees towards achieving a common goal. There are also multiple online business courses available for the in-depth knowledge.

It also helps businesses to understand whether they are utilizing and spending time on the right strategies, tasks, and tools to achieve their goals.

On the other hand, KRAs or Key Result Areas form a foundational element in any business. Having a clear and defined goal for each position helps to keep all the team members focused and responsible.

As we have a finite amount of time in the day to accomplish infinite tasks, KRAs ensure that people are making the most of their official working hours to produce the most ROI.

So how can you design effective KRAs & KPIs that will help you achieve your business goals? We have listed out five ways in which you can design, choose and implement KRAs and KPIs:

  1. Determine your end objective

Creating a clear vision and end goal of what you are trying and would like to accomplish is very essential for any business. A simple and straightforward objective should be connected with your KPIs and KRAs. Every organization might have different KRAs and KPIs. However, it should be specific, easily measurable, and clear to understand.

  1. Indicators

Once, you identify the business goals, you need to figure out what are the indicators that might speed up the progress towards the goal. One of the common mistakes that managers and leaders do is jump straight from the problem to consider what to measure. This can often lead to confusion and misaligned incentives.

E.g. most of the time, a company tries to improve its customer experience by measuring bounce rate. But what they don`t realize is that there could be plenty of reasons behind the bounce rate. So, just improving the bounce rate does not guarantee a better experience. Working on the efficiency of his or her digital marketing campaigns might produce better results.

  1. Ensure everyone is on the same page

Organizational KRAs usually involve KRAs and KPIs of all the departments, teams, and individuals. It is very important to ensure that everyone is aligned with the KRAs developed at the company level. To make this concept clearer, multiple discussions must take place. It is paramount to build an understanding that the progress of KRA in every company will be measured and calculated by KPIs. Hence, every team, department, and employee must understand their KPIs to ensure that a particular organizational KRA sees improvement.

If you are unsure about how to do that, you can take professional help from a business coach who can help you build effective KRAs and KPIs.

  1. Set SMART KPIs

As we all are aware of the fact that KPIs affect KRAs, the leaders must assign SMART goals to each department, team, and individual. Goals should be easily measurable, specific, realistic, possible to achieve, and time-bound. This will make it easier for everyone to achieve their goals and contribute towards organizational growth.

  1. Everything should be in written

To ensure that everyone is clear about their KPIs and KRAs, simple templates can be used to share among the concerned people. Hence, while setting the organizational goals, one should have the KRAs and KPIs of every department, team, and individual in one place. This will simplify the tracing of every action. The templates should also mention the reporting managers along with their respective departments.

An organization, be it large or small, needs to create KRAs by setting different KPIs at the employee, team, and department levels. KPIs should be realistic, achievable, clear, and growth-inducing. The bigger picture and the ultimate objective of the organization should always remain in the focus. Hiring the best business coach can also be a smart move in this context.

Are you struggling with your organizational growth due to improper KPIs and KRAs? Get practical solutions easily with our step-by-step learning strategies, action plan, frameworks through our Problem Solving Courses that are designed to empower you with various business functions. From finance to HR, Digital Marketing to IT & Sales, find creative solutions to prominent business problems easily.

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Business motivation

6 Proven Corporate Etiquette Strategies For A Successful Business

How do successful entrepreneurs rise to become exemplary of daily success and motivation in both their personal and professional lives even though they are often pressed with professional commitments?

How millionaires and billionaires often appear calm and composed when their profession demands to compete with their competitors, other companies, people, and sometimes even their own limiting beliefs?

Certainly, it`s a set of corporate etiquettes that makes them a class apart.

Often, people think of etiquette as the proper way of holding a fork, a knife, and a spoon, drink high-tea or greet a dignitary, but there is something that is invaluable and outweighs the formality of physical actions under any given circumstances- being human.

The etiquette of being human is an uncommon perspective, and the most underrated. In general terms, it is defined as the behavior of others that is customary or acceptable by society. However, in business terms, corporate etiquettes mean the daily protocol or how leaders are expected to behave, respond and perceive.

The importance of corporate etiquettes is such that it is considered to be the unseen foundation and an essential part of a business leader. It is composed of three core components- integrity, humility, and dignity. Every entrepreneur who wants to succeed in the business world is expected to possess these three fundamental traits.

These three foundational traits can turn any leader a magnet for all the good things in their personal and business life because leaders are not born. Everyone is born to become a leader.

There is no dearth of reliable and competent people in the business world, and manners always make a good impression. Everyone wants to work or collaborate with someone who has high standards of professional behavior.

So here is a list of six global business etiquettes that will ensure to make you a powerful and amicable business leader:

  1. Always Introduce others

It is not a rare event to meet random people in the business world. Therefore, always introduce people to each other whenever the opportunity arises, unless you have surety that they are already acquainted. This simple gesture makes people feel valued, irrespective of their position, status, or designation.

  1. A Handshake goes the long way

Simple, yet the most appreciated gesture that not only demonstrates that you are humble, confident, and approachable but also sets the tone for any potential professional alliance in the future. If the atmosphere is quite casual, then you might get away with a nod or a hello, otherwise, it is worth making the extra effort to offer your hand.

  1. Use “Please” and “Thank you”, always!

These simple words still hold lots of volumes and can leave an incredibly good impact on the recipient. And, though it should go without saying, using these words regardless of the nature of the atmosphere is the basic form of corporate etiquettes. Their usage is still imperative and can help you form fruitful professional relationships.

  1. Become a Good Listener

The human race is increasingly becoming “over-talkers”, especially in the business world. Most often we are so eager to press our point or offer our opinion that we interrupt others in mid-sentence. Though, it can be tongue-bitingly tough to restrain ourselves not to interject during a heated argument. However, it is better not to as it is a sign of disrespect and considered prudent for the opinion of others. Be assertive, not aggressive.

  1. Always put your phone on Silent

We are living in a world of instant food, instant messaging, and instant gratification. However, we all have forgotten the basic courtesy of giving attention to the person sitting in front of us. It is highly disruptive and undermining when people are texting, instant messaging, or emailing while a meeting is going on.

It not only acts as a distraction but also sends out a message to others that they are of least importance as compared to the text that you are sending.

Hence, putting your devices on silent during the meetings and meals is one of the most vital corporate etiquettes that can differentiate you from the crowd.

  1. Social Networking

In this world of online connectivity, social media platforms hold great power. We all come across brands` fiascos every other day that shows us indiscreet personal communications. Hence, one of the thumb rules or social networking etiquette is to not post anything on a social media site that you wouldn`t like to put up on the office bulletin board for anyone to read.

Even with privacy settings in place, your social media messages are never private. And, never use social media platforms to crib about bad bosses. It`s an absolute NO-NO!

Well, corporate etiquettes are imperative in today`s scenario. However, we should not forget that we all are humans. To be polite, humble, yet confident and assertive will take you far ahead.

It is also impossible for us to know about everything, every time. So, fret not! Whenever you are unsure about what you are supposed to do, simply sit back, wait, and observe. Notice how other people are handling the situation. Then follow their lead.

You can also take help from a business coach or a corporate trainer like Dr.Vivek Bindra to excel at the corporate etiquettes.

Learn in-depth knowledge about how to build a start-up from scratch from our ‘Entrepreneurship course’. This course gives you tools and knowledge from the industry experts.

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Business motivation Business Startup Ideas

5 Best Business Ideas For Students To Make Money While Studying!

Does money make online from the comfort of your home sound interesting? For many people, including students, making money online would be an absolute dream come true. These are some of the best business ideas for students. And if they could find a suitable way to make money, they could earn their own pocket money, while still focusing on their studies.

Life as we may presume is not easy in academic years. Pressure to excel in studies, parents’ pressure, stressful subjects, and social anxieties all contribute to the struggle during their formative years. On top of it, the financial aid that students receive from parents is limited. This is why an average Indian student`s life is highlighted by Maggie noodles and old-rugged jeans.

So, if you are a student and want to start making passive income along with your studies, then here is a piece of great news for you!

Read this article till the last line because we are going to reveal some of the most amazing money-making ideas for students that will hone their entrepreneurial skills.

Keep reading!

  1. Love writing? Become a Freelance Writer

From maintaining daily journals to writing short paragraphs, if this is something that excites you and calms you down at the same time becoming a freelance writer is a good opportunity for you. Students tend to spend hours and hours writing for classes.

However, what if we tell you that there is one thing that most of the students don`t know about and in the absence of it, spend their academic years penniless? Well, you can get paid for writing high-quality articles in the real world.

It may sound too good to be true, but in their bit to reach out to as many people as it is possible, brands are always on the lookout for people with excellent writing skills to help communicate their brand message across a wider audience. Freelance writing is a wonderful money-making idea for students as it provides remote work, flexible hours, and more practice at a skill students already have.

  1. Start Tutoring

When you are studying, it not only provides you education and a certificate but also a vast reserve of knowledge to impart to share with other students, who are junior to you. If you are good at sharing knowledge and information with others, you start giving tuitions to your juniors.

All you have to do is to reach out to students and you will find out that there are good numbers of students who are struggling with subjects that you have already mastered. Teaching them will not only provide aid to juniors in studies but will also improve your hold on a subject, while also making a serious income on the side. If you are more creative, you can also take guidance from one of the best business coaches in India– Dr. Vivek Bindra.

  1. Consult for Businesses

Due to cut-throat competition and intense brand presence on all the social media platforms, there is a high demand for the youth perspective from consumer-centric brands. Companies today, not only want to know about the youth`s perspective, but also want to pave new pathways to reach out to them.

As a student, if you think you have the strategic perspective that aligns with the business requirement, then you can simply become a business consultant. All you need is a website and a business card; you can turn your knowledge into a profitable online business, and start helping brands to connect with young students.

  1. Start a company

Do you think you are too young to start a company? Well, if you have a million-dollar business idea, starting a company will be an easy task. Not sure about that?

Tilak Mehta,a 13-year old kid from Mumbai has started his own company- Paper and Parcels that delivers courier within the city on the same day. His USP—affordable price that is around 30-40% less than what premium companies may cost you.  You can watch his full interview, right here.

The market is brimming with some of the business ideas for students, which can be implemented by students. Using you entrepreneurial approach and spirit, you can gain valuable experience from beginning your own company. You can also take full advantage of the resources that are available around you to build something that is profitable.

As the college grounds are ideal for budding companies and entrepreneurs, you can start your own company by using the high-density network, and access to younger customers with good purchasing power.

  1. Social Media Influencer

Are you good at expressing your ideas that might influence others and help them in day-to-day challenges? Do you think you have the best clothing style? Or do you have culinary tips to share with people? If, the answer is yes, and you love to spend time on social media you can become a social media influencer.

All you need is a considerable number of followers on your profile and a clear understanding of what the audiences like to watch and want. You can get paid by brands to run social media accounts for companies. This is one of the best money making ideas for students that can help them earn much more than just their pocket money.

If you are a student and want to open new revenue gates, you can try some or all of the business ideas that we have mentioned above. You can also listen to some of the best business coaches in India like Dr. Vivek Bindra to get more brilliant ideas.

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Business motivation Webinar

How Learning Business Yoga From Bhagavad Gita Can Help Your Business Grow?

One of the quintessential contributions of India to the world is the Srimad Bhagavad Gita. It is the voice of the Lord Sri Krishna and the first-ever most powerful leadership workshop that taken place in the middle of the battlefield of Kurukshetra when Pandavs were going through a deep crisis.

Srimad Bhagavad Gita was preached by Lord Krishna not only to motivate Arjuna to know the real purpose of human life but also how to perform one’s duties sincerely, dedicatedly and without deviation.

Whether you are a student or a professional,  a housewife or an entrepreneur applying the principles of Shrimad Bhagavad Gita will help you overcome challenges and become successful in life.

So how this ancient scripture offers powerful motivational tools to handle tough times in business and life? Let`s find out through some of its Verses!

  1. Hard Work has no Substitute

Karmanye vadhika raste,
Ma phaleshu kadachana;
ma karma phala he tur bhuh,
ma te sangvasta karmani

Chapter 2, Verse 47

To action alone hast thou a right and never at all to its fruits; let not the fruits of action be thy motive; neither let there be in thee any attachment to inaction.

The above-mentioned Gita Verse tells us clearly that Hard Work has no substitute. And only and only your dedication, determination, and passionate labor will yield results. However, it also tells us the valuable lesson to remain detached from the final result. This might be difficult when we are working towards our goals. But sometimes we become too focused on the result that we can get distracted.

And as there is nothing guaranteed in this world, most of us, especially students and businessmen get disappointed, sometimes even depressed when they don`t receive the desired outcomes.

Most of us feel that the knowledge and wisdom of Gita imply only spiritual enlightenment. However, this versatile ancient scripture can play an instrument for modern corporate management.

  1. Master your Mind

One of the most difficult aspects to control in this world is none other than our mind. Mind, by its nature, is restless, fickle, constantly traveling, strong, and forceful. Hence, it is difficult to control the mind than it is difficult to control the wind.

Chanchalam hi manah krsna

pramathi balavad drdham

Tasyaham nigraham manye

vayor iva suduskaram (Chapter 6 – Verse 34)

“The mind verily is restless, turbulent, strong, and unyielding, O Krishna: I deem it as difficult to control it as to control the wind.”

In this world of utter competition, we have to make choices and decisions based on our current situation. The choices can be related to our career path, our jobs, our business ideas, or even related to our personal lives.

Bhagavad Gita teaches us to control our minds through meditation and by practicing self-discipline. It tells us that the only way to control your fickle mind is by constantly practicing detachment; irrespective of the situation. A person feels happy and energetic if the circumstances go as per his will. However, if something happens against his expectations, he becomes depressed and de-motivated. He also becomes distracted from his work and goals.

Only a person who has control over his thoughts and mind can remain calm and composed, no matter the situation. By remaining deeply focused on his work, he stays dedicated, makes strategies, and can also yield incredible results at work.

  1. The Powerful Manual for Management

mātrā-sparśhās tu kaunteya śhītoha-sukha-dukha-dā
āgamāpāyino ’nityās tans-titik
hasva bhārata

(Chapter 2 – Verse 14) 

“O son of Kunti, the contact between the senses and the sense objects gives rise to fleeting perceptions of happiness and distress. These are non-permanent, and come and go like the winter and summer seasons. O descendent of Bharat, one must learn to tolerate them without being disturbed.”

Life is full of ups and downs. And each living being on this planet has to learn to deal with it. When talking in terms of business, management is a body of knowledge that enables entities to deal with various other factors like people, strategies, operations, and the environment.

An efficient management system ensures that the work is done efficiently on time and the promised goods and services are delivered. As most organizations suffer from ‘short-term strategies’, they inform the stakeholders and market players how much profit the next quarter will bring.

To meet these expectations they engage in multiple activities that create stress, and a short-term approach. This sometimes brings negative results too in the long run and the business may not produce the desired results and profits.

It is important to understand that no situation in this world is permanent. And, therefore stressing out during the crisis will do no good. Hence, keeping calm during adverse situations will help us to think constructively and prepare us more to tackle the challenges that life throws at us.

Shrimad Bhagavad Gita can be a real source of inspiration for both at the personal as well as professional levels. For students, it can be a career guide, while for entrepreneurs it acts as a manual of various strategies and business ideas.

Bhagavad Gita is the essence of all universal wisdom. It acts as a manual to help us to overcome challenges in our lives. Many famous personalities and great thinkers like Mahatama Gandhi, Annie Basant, Madhavacharya, Indian mathematician Ramanuja, Albert Einstein, American astronaut Sunita Williams, and many more were inspired by Bhagavad Gita and used to read and imbibe in their daily lives.

If you truly want to open the door of abundant opportunities, attend the live webinar Business Yoga from Bhagavad Gita by none other than iconic Dr. Vivek Bindra on Sunday, 20th June 2021 from 12 noon to 2 PM.

For FREE Registration, visit: https://iiyc.co.in/?event=BB

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Business motivation

4 Tips To Choose Best Business Training Companies in India!

Leadership training for top-level and middle-level management and personal development programs for lower-level employees is one of the best practices that are fairly standard across many businesses. With technology changing every second, it is vital for today`s workforce to stay upgraded and updated with online business training.

Without proper business training, it becomes immensely challenging for employees to advance in their careers when they lack the right skills to do. It acts as a setback in their professional and personal development. In terms of business impact, neglecting this essential aspect that acts as a catalyst in a company`s progress, could lead to least employee engagement and higher turnover.

Many organizations that understand the importance and long-term benefit of providing training choose to outsource it to business training companies in India.

Hiring the best business trainer in India outside the company provides more expertise, better perspective, and excellent management skills.

So how will you choose the best corporate training company for your employees and your organization?

Whether you are looking for your first training partner, or are evaluating the existing ones, here are 5 tips that will help you to pick one of the best corporate training company:

  1. L&D Resources & Subject Matter Expertise

Quality matters! And when you are planning to outsource the training part, it becomes imperative. When you are looking to hire a business training company, it is essential to know their training expertise, qualifications, experience, clients, and knowledge. One should know what their subject matter expertise is and what value they will bring to the table to fill in the gaps between your employees and their skills.

Another important factor is to consider if your training partner also provides specialization. For instance, if you need design and development expertise, does their team of instructional designers and curriculum developers look capable? You can always ask the training provider to share their past work profiles, portfolios, sample projects, and experience.

Many business training companies in India offer experts who have years of experience in the latest training tools, topics, and applications. By asking the right question, in the beginning, will reveal you the best option. It will also help you to find out if the company will be able to turn employee training into a memorable learning experience with desirable outcomes.

  1. Are they Offering Industry-Specific Content

Though the technology remains the same, its use varies in every industry. Every industry has a distinct need hence, the concept of one-size-fits-all does not apply here. The knowledge and content provided in every business training course should be industry-specific.

Most often than not, corporate training partners, reuse content across various industries to reduce the effort and time while working on the content of a diverse range of course materials. A good business training company offers course material based on a company`s requirement. Having a business trainer who offers distinct training solutions provides the customization by keeping your immediate problems into consideration. It is also essential to evaluate the strength of a company when you are planning to hire.

  1. Syllabus & Course Material

When searching for the right business training company in India, it is always recommended to check their website or inquire about them on the web. Ask them about their course materials for training. Why? To get an idea that the training material is prepared according to the updated knowledge and skills those are in demand in the market.

For instance, if you want to opt for comprehensive soft skills training for your employees in the communication department, you will want to ensure that your staff gets the right interpersonal grooming training.

  1. Future Prospects of Growth

After employees finish up a training program, they need more than just a piece of paper. Most of the employees seek in-depth knowledge, practical approach, innovative skills, and confidence to impart that knowledge as the essential outcomes of training.

Keeping this factor in mind, you should hire a corporate training company in India that can assure nurture an environment of acquiring knowledge to deal with the present as well as the future work challenges.

Professional and personal development is necessary for employees as well as a company`s growth. In this time of the pandemic, managing your teams against the backdrop of a pandemic, social unrest, and economic challenges is important more than ever.

If you are looking to find the best training company for your organization, Bada Business Pvt. Ltd can be a good option.

Dr. Vivek Bindra is one of the best business trainer in India as well as across the globe. He is a five times GWR record holder and is has been awarded with many prestigious awards and recognitions that proves his mettle in the corporate training world.

Are you looking to find solutions for your burning problems? Get practical solutions easily with our step-by-step learning strategies, action plan, frameworks that are designed to empower you with various business functions.

From finance to HR, Digital Marketing to IT & Sales, find creative solutions to prominent business problems easily. If you are an entrepreneur and looking to find solutions for your business challenges, you can gain in-depth knowledge from our Problem Solving Courses. A personal guidance to increase your brand presence consistently to facilitate sales, engage your customers and close leads.

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Business motivation Motivational

5 Ways To Deal With A Difficult Boss!

You have finally found the job of your dreams, you are doing the work that you love, you like your co-workers, and everything is going great, until, your boss enters the scene, who is the ultimate micromanager with a fault-finding attitude, who despite your best efforts is not letting your works, in peace.

We have heard it time and again. People don’t leave a company- they leave a boss. According to a study published in Forbes, “50% of employees left their job just to get away from their manager to improve their personal as well as professional growth at some point in their career.

Yep, that`s right! Fifty percent!

But what if you are not ready to leave your or job yet? Should you continue to suffer in silence?

According to Dr. Vivek Bindra, who is one of the best motivational speakers in India, if you can connect with your boss on some level, it will become easier to convey your message and convince them. You can watch him sharing his insights here:


So don`t stress out! There are plenty of ways to manage a difficult boss and with a little patience and smartness, you can tread carefully:

  1. Assess the Situation

Is your boss guilty of bad workplace behavior in general, or does their attitude is negative only towards you? Be honest with yourself while analyzing the situation. Sometimes there is a disconnection with the bosses at various levels such as approach towards jobs at hand, a difference of opinion, ideation, conceptualization, and execution.

Brooding over a negative situation will only cause more anxiety and worry. Talk to your boss and have an open dialogue to address the situation. Ignoring it will only exacerbate the workplace situation. Sometimes a little motivation might also help. You can attend sessions by a business motivational coach as well to gain as new perspective.

  1. Practice Empathy

Sometimes we have to think from our boss`s perspective to truly understand the situation. Well, now if you are working in an organization of 500 employees, it becomes a little difficult to do that. However, contemplate what your manager or boss may be dealing with- either personally or professionally. The reason behind his difficult attitude could be the ongoing situation that could be the reason behind it.

Are they constantly stressed about tight deadlines? Do they have a difficult boss themselves? Try to have a friendly conversation with them and put yourself in their shoes. It will help you to understand their perspective. You will become more sympathetic about their behavior and circumstances.

  1. Vent out your frustrations

Dealing with a far-from-perfect boss daily can wear you down. While bottling up all your emotions can be harmful to your mental health, venting to your colleagues might backfire on you. Open up and share your feeling with a close friend or a family member, as sharing your issues can alleviate some of that stress. Not only will it help you to get things off your chest, but also you might gain a different perspective about the situation. Ask someone whose opinion you respect.

  1. Practice Self-Control

Self-control is the key that opens a lot of doors for new opportunities. It enables both leaders and direct reports to process your strong emotions productively. It helps to gain a neutral mindset as it is necessary to co-exist with your difficult boss because reacting weakens you.

By efficiently managing our feelings, we can achieve a calm and powerful presence. This helps us create successful outcomes. You can also learn how to keep yourself motivated by watching videos from the best motivational speaker in India– Dr. Vivek Bindra.

  1. Don`t Burn the Bridges

The world is round. You never know whom you might meet and need this person as a reference because many prospective employers of the organization ask specifically for the contact details of direct managers and supervisors.

If you will be unable to provide the contact details, it will give out a negative impression and you will be required to give an awkward explanation.

As difficult as it might be, always ensure that you leave your current organization by following the official process. Do not allow the dynamics to compromise with your professional reputation.

This should be your last resort. Sometimes, despite making efforts, the possibility of improving dynamics with your boss just doesn`t get better. Other times, it is just not worth staying in an organization, if you feel miserable. It will not only affect your mental health but also hamper your professional growth. Not to mention the stress it adds to your day-to-day work life.

Ultimately, only you know how to handle your situation, as you are the only one who knows it best. Listen to yourself before taking any decision. If you decide to move on, do not hesitate! Your ideal job is out there- the job that not only comes with lots of opportunities but also with fulfilling work and a supportive boss.

You can also listen to one of the best motivational speakers in India to explore ways to tackle the stressful situation at work.

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Business motivation Startup

Covid-Proof & Recession Proof Business Ideas To Start In 2021!

The year 2020 came with its own share of problems. And while we thought 2021 will bring some relief, it is needless to say that this year was nothing less than a nightmare. However, if there is one thing that we all must learn from living through pandemics and lockdowns, it is to understand that a lot can change in a year.

While many people lost their jobs, many others became entrepreneurs. In 2020 along, more than 15 startups joined the elite Unicorn Club.

The pandemic has turned the tables around. Many businesses also went downhill as the year progressed due to the lockdown restrictions and economic crisis. It forced the business world to come up with new solutions and startup plans for new business opportunities.

So even though we were stuck inside our homes, many businesses found a way to stay afloat with the ‘Hassle-Premium’ approach. The bigger hassle a product or a service resolve, the bigger premium a business receives.

With the recent events of 2021, many are not putting too much hope into the year ahead. However, contrary to the popular belief, if you have the passion and unique MSME startup business ideas, this could be a perfect year for starting your company.

If you do not have any ideas, worry not! You can discover 25 Business Ideas that you can start this year with low investment. You can also watch video on this:

We have hand-picked three brilliant covid-proof and recession-proof startup plans for a new business that you can start with low investment in 2021:

  1. Online Prasadam

Every adversity comes with an opportunity; all you need is an eye to spot it at the right time. India is a land of religious culture and tradition. With the lockdown imposed all across the country and the fear of the virus, many religious places in India are closed. People are unable to go to temples, let alone their pilgrim journey to Kedarnath or Badrinath.

However, this also offers a great opportunity to start a business of sending online prasadam. To start this business, you will need minimum manpower. You can set up a call center to offer customers the service of providing online prasadam.

As the customers cannot visit the holy places, they will be more than happy to make their offerings to God. You can charge these customers with a minimum amount and you can deliver them online prasadam after offering it to their respective deities. This will not only make them happy but also give them the inner strength to fight the uncertainties of the current situation.

  1. Office Furniture on Rent

The current COVID-19 pandemic has forced organizations to embrace the concept of work-from-home. Apart from the essential and front-line workers, everyone is working remotely. However, not everyone has a working setup at their homes.

Most people spend half of their time on their beds with their laptops, while others have become a couch-potato. This new normal work routine has given rise to neck and back pain.

One can start a new business by providing office furniture for rent. Where the furniture in many companies is getting mounted with dust and dirt, many employees are looking for an affordable office-home set up. So why not use this opportunity to start up a new business plan?

You can take furniture from the companies on rent and can provide it on rent to those who are looking for a temporary makeshift office set-up right at their homes. Find creative solutions to modern problems, and nobody can stop you from becoming a successful entrepreneur.

  1. Provide Online Tools for Schools

In this new era of learning, technology plays a key role in the process of teaching. If you have a technological background, this can be a brilliant MSME startup ideas. Due to the pandemic, all the colleges and schools are closed. Many small schools cannot afford the expensive setup and technology for online classes. You can develop an online educational tool that connects teachers and students, among many other things.

Not only schools, but you can also provide online learning tools to colleges and institutions as well. You can integrate many other features that will let the administration measure student performance, communication with parents, educational materials, and assessment tests.

Every crisis is an opportunity in disguise. Every breakdown comes with a breakthrough. Every hopeless end can give you endless hope. All you need is true determination, passion, and zeal to follow your dreams.

Every trend comes with numerous startup plans for new business ideas. If you already have an idea but are not sure where to start, then you can take online business training courses. You will a takeaway lot of key learning without which a business can never grow.

If you are an entrepreneur, but your business growth is stuck, you can take ‘Problem Solving Courses that cover multiple topics in detail and help you with your business challenges.

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Business motivation Strategy

7 Important Tips For People Investing In Stock Market For The First Time!

The stock market is a fascinating world, and venturing inside it is like a gamble for everyone. Where the fluctuating highs and lows of the market can seem like a playground for professional traders, it could be frustrating for someone who has just entered the world of the share market.

The uncertainty and unpredictability of the market can be frustrating for a first-time investor. However, having adequate knowledge and the required analysis of the stock market can help you receive long-term returns. You can also hire the best business coach in India to get information about stocks, equity, and the share market.

In the beginning, the fear of putting your money in the market might make you change your mind, but keeping yourself patient and calm can help you focus on long-term returns on your investment.

To know everything about Share Market from the scratch, watch

So what are those 7 things that every new investor should keep in mind before putting their money in the market? Let`s find out:

  1. Invest with a Game Plan

“Why am I investing, and what is my goal?”- this is something every individual should ask himself or herself before making their first investment. Having a game plan is necessary and an essential step in the process. Having a clear objective in your mind helps you to achieve goals.

For instance, if you are planning to own a house in the future and your goal is to save money for that in 10 years, you should figure out how much you will need to invest monthly to reach your goal.

  1. Diverse Portfolio

Investing is not just about putting your money in the stock market. Trying to get heavy returns by putting all your money into a few hot stocks will fail in the long run. Despite all the hype that is being created around stock picking, the path to long-term wealth creation is asset allocation by building a diverse portfolio. A portfolio with diverse allocation includes stocks, bonds, and a range of other asset classes.

  1. Stick to Single Strategy

If you would Google for investment strategies, you will be presented with tens of thousands of results. However, it can be overwhelming and create confusion for someone who is exploring the world of the stock market for the first time. Hence, the best way is to focus on a single strategy and become proficient at it. Eventually, you will start to make money over time.

  1. Develop Long-term Thinking

The world of the share market often sells fear or greed. But, it is essential to keep in mind that when it comes to the stock market or trading, the short-term approach does not give fruitful results. Hence, always think “long-term” when it comes to the trading world. Why? It is like a roller-coaster ride of a lifetime that has the potential for outstanding long-term personal benefit.

Do not get sold for the idea of “get rich quick” or the day-to-day emotions. Set a clear goal, and let the stock market do what it is meant to do.

  1. Buy only when you understand it!

In 2017, Bitcoin was the hottest thing to put money on- and more often than not, there will be a particular investment that gets a lot of attention. However, you must invest money in it only if you understand the nitty-gritty of it.

New investors often have this idea of “get rich quick” and end up losing more money. Staying away from that mindset will help you save your money. Buy a stock only if you know the product or service. Otherwise, you can also put your money in a low expense stock, or a mutual fund can be a good start.

  1. Invest in Balanced Funds Systematically

Ask anyone who has been trading in the stock market and they will tell you how a balanced approach over time will always provide growth. This has made so many people`s retirement extremely comfortable.

However, you will not find many takers of this golden approach. The major reason behind it is the overheard stock tip. It may yield fascinating results on rare occasions, but more often than not the money is lost quickly. To avoid risk, it is highly recommended to put your money in balance funds systematically over time.

  1. Practice Patience

The world of shares and the stock market can be overwhelming. If this is the first time you are trying to explore the dynamics of it, you will have to understand that it`s a long-term game. You will have the time to ride the fluctuating waves and the flexibility to diversify your risk. Do not make any rash decisions and take time to discuss the pros and cons with your advisor. They might charge you a little, but they will educate you on what exactly is going on in the market.

So take your time and learn from them as it will help you make an informed decision.

Stocks move up and down, way too quickly. You might feel your heart skipping a beat with every high and low of the stock you have put your money on. However, do not panic and sell everything, if you see a 2% drop in your portfolio. Constant buying and selling will lower your returns in the long run.

Always choose stocks that you truly believe in by analyzing their past performance. Buy and hold them. It will yield long-term returns.

Are you new to the world of the share and stock market? Then you can take our business training programs where you will gain in-depth knowledge about share and the stock market in a very engaging and easy-to-understand format.

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Business motivation

Why A Business Coach Is Vital For Small Business Owners

A business coach or a motivational coach in India can be an ideal growth partner, especially for small business owners. They can help the business gain both- scalability, and stability.

But in the current scenario, is it worth investing in a business coach? Let`s find out in the article below!

As our country is still struggling with the second wave of COVID-19 many people while reading this article might say that – a business coach has no place in our current to-do list. However, if you ask some of the top industrialists and successful businessmen in India, they will state otherwise.

Surprising? Well, lets us explain why the ongoing pandemic situation is a perfect time to hire a mentor for your company.

Just like M.S.Dhoni (the former Indian Cricket team Captain) used to pull the team out whenever the team was having troubles during the match, taking the help of the best business coach in India can give you something imperative for success- a perspective and professional guidance.

A mentor can be an ideal growth partner for small business owners. If your mind is still in splits, here are few reasons why taking the services of the best business coach is vital for entrepreneurs and other small business owners:

  1. PURPOSE & GOALS

These two aspects build the foundation of any business. In the initial stage, entrepreneurs may spend their time doing things that are essential for the existence of their business. A business mentor, however, helps these aspiring business owners with the purpose and the goals at the forefront.

They also keep reminding them about the reason behind them doing certain things.

  1. FROM EXPERT TO ENTREPRENEUR

Just like theoretical information and practical experience have a stark difference, being an entrepreneur is not the same as being a subject matter expert.

Having in-depth knowledge about a business and the market is not just sufficient to run a successful company. A professional mentor can provide great insights and help entrepreneurs to develop smart habits and great practices to help or she establish a business that can succeed.

  1. SOLUTIONS FOR BUSINESS GROWTH

With everything turning digital, growing a potential customer base and brand awareness is like Rubik’s cube. Simple to do, but hard to decipher the path!

If you hire the best business coach in India, he will come with his expertise. And, with great experience comes great knowledge. He can provide creative solutions, completely customized and innovative strategies to overcome the challenges that you might face on your entrepreneurial journey.

Most small business owners find the implementation of strategies, business plans, and operational issues extremely challenging. However, a business mentor can give the owner much-needed perspective, direction, and guidance for the same.

  1. FRESH NEW PERSPECTIVES & INNOVATIVE IDEAS

“Two heads are always better than one”- an adage that still holds in these times, and a wise principle that every small business owner should religiously follow.

Whether it is a new marketing strategy or a sales plan, business operations or leadership skills, whatever the owner is contemplating, it is always better to take professional help. Professional guidance by the best business coach can turn any idea into an excellent business opportunity.

A mentor will not only provide solutions to the business owner but also asks tough questions that nobody in the ecosystem would ask.

  1. PROMOTES ACCOUNTABILITY

One of the best pieces of advice that a professional mentor will give any entrepreneur is not to lose sight of the significance of accountability. This is a vital aspect to make a business succeed.

Accountability isn`t just about constricting scope, rather it is about delivering what was promised, and building a stronger foundation for the business to grow.

A coach can challenge the perspective and mindset of small business owners. He can provide solutions, and help an entrepreneur walk through the path of success.

If your business is going on downhill, it is a perfect time to take the services of the best business coach in India Dr. Vivek Bindra, who is an internationally acclaimed motivational and business coach.

He is a trusted advisor to around 1,500 corporates and keeps on inspiring millions of people across the country. He has been instrumental in providing CEO coaching to over Top 100 CEOs in the country.

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Business motivation

6 Powerful Reasons to Hire a Business Coach, Right Now!

Running a business is not an easy task. Though the perks of being your boss are plenty, the constant challenges of the business world need to be addressed. Entrepreneurs who have just begun their entrepreneurial journey and want to scale their business hire the best business coach in india to help them get there.

A business coach brings years of expertise and experience with themselves that can help entrepreneurs, solopreneurs, and wantrepreneurs to take their business to new heights.

But is it worth the time and expense? It certainly is worth the time and expense! Especially when you are willing to fast track your business growth, and there is a gap between where you currently are, and where you would like to see your business.

If you are looking to hire one, here are seven benefits that you will experience from hiring the best business coach for your company:

  1. He will Help to Find your Blind Spots

As an entrepreneur, it becomes difficult to get into the weeds of the business. When you are living inside a building; it is hard to see its exteriors.

Similarly, while running a business, it is difficult to see your loopholes. A business coach can give a lot of succinct points about your brand and your business operations that you couldn`t have spotted otherwise. You can use your network to find one, or you can also contact Dr. Vivek Bindra – one of India`s best motivational and business coaches.

  1. He will guide you like a Compass

Sometimes, entrepreneurs get caught up in day-to-day if running their business. They take de-route and fail to bounce back. A business coach helps you to provide the right guidance like a compass and ensure that you are heading in the right direction. One small change in your direction can lead to unbelievable better results.

A professional business mentor serves a crucial role and regularly checks in to ensure that your business is on the right path to reach your ideal destination.

  1. He will help you Bridge the Knowledge Gaps

One of the biggest challenges in the path of success is the lack of vital information and knowledge. When it comes to finding solutions to business problems, you just can`t Google your way out. Also, sometimes when you do not know the problem, you can`t find a solution.

Business mentors are great accountability partners who can help you ensure you are consistently growing and evolving by learning.

  1. He will Offer Unbiased Insights

One of the biggest advantages that you get by hiring the right business coach in India is that he provides you with constructive criticism without getting biased. If you ask your co-workers, colleagues, family, or friends about what you need to do to get better, you may receive their biased opinions. Also, those opinions will lack professional insights. They may not understand the strength and weakness of your organization, or your management and leadership style.

A business coach will tell you what you need to hear, and not what you want to hear!

  1. He will Open your Mind to Innovative Ideas

It is human nature to stay in their lanes, once they have achieved success. The tendency to observe old habits and patterns that have proven successful in the past is quite common in entrepreneurs.

A strong business mentor can help you to increase awareness of methods and ways to attain success that has worked for other people. He can also offer powerful insights that you can practically apply to your business operations and even day-to-day routine.

  1. He can carve the New Way for Success

Steve Jobs once said, “We hire smart people so they can tell us what to do”. Though, lot of people just want to see their employees nodding at every word they utter, great managers and true leaders appreciate the honest employees and team members.

When it comes to mentoring, a professional business coach can help you put the pieces together for you and help you to pave way for success and more revenue in your business.

Building a business is tricky, especially if you are starting. One of the biggest pros of hiring a business coach is that they will help you to stay on the right track. If you are looking to hire the best business mentor, there is no better choice than Dr. Vivek Bindra.