Category: Business motivation

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Business motivation

5 Ways For Entrepreneurs To Leave An Unforgettable Impression!

5 Ways For Entrepreneurs To Leave An Unforgettable Impression!
5 Ways For Entrepreneurs To Leave An Unforgettable Impression!

“Out of sight is out of mind”, this holds especially in the business world. Being memorable is crucial for every entrepreneur. It is essential for every brand. If a customer does not remember your brand, he or she will purchase from your competitor. On the other hand, if investors will not remember you, they will not fund your project and you will have a hard time finding an investor for your startup, no matter how brilliant a startup business idea you have.

Most entrepreneurs often find it challenging to create a brand recall value for their products or services. Making your customers recall your brand at the time of making a purchase decision can take your business revenue- sky high!

So many entrepreneurs who attend seminars and webinars of the business motivational speaker, Dr. Vivek Bindra often ask them how to make them memorable enough. They often share their experiences in which they remember meeting a certain investor, but they have no idea that they connected before.

“Brand recall value is critical to any business”, says Dr. Vivek Bindra. “And to make your customers memorize your brand name does not need much. It is a very simple mechanism that is implemented by many popular brands that take their marketing strategy to an all-new level.”

So what are some of the simple, yet powerful strategies to ensure you are making a strong and lasting impression? Let`s get started:

1. Identify a Common Factor

What is the first thing that can get someone to like you instantly? According to eminent psychologist Robert Cialdini, “the fastest way to get someone to like you is to find a commonality you share with them.”

Customers will trust you and relate to you only if they share a special bond with you. So whether it is the common hometown, or the same school, similar color, or favorite business motivational speaker in India, if you share similar interests with them, they will like you, trust you, and will remember you.

2. Pique their Interest

Most often when someone asks, “What do you do”, we kill the conversations in the first 10 seconds. Instead of replying with the usual boring answer, find a creative way to explain your profession that will pique their curiosity. Whether you are an entrepreneur with a startup business idea, looking for an investor or small business owner who wants to build a strong network, make your customers or clients want to know more.

Instead of introducing yourself as, “I own a business”, say instead “I help companies become more famous” or “I am launching a business that will enable you to connect with potential customers.”

3. Develop a Signature Style

Until and unless you don`t emanate a style that is unique to you, it is tough for other people to remember you, especially if they are meeting hundreds of other people at the same time. Along with your excellent communication skills and presentation style, sometimes your wardrobe can help you stand out too. If you have a certain accessory or style, you may consciously make it a part of your style and personality. For instance, Steve Jobs` black turtlenecks helped him to stand out from the rest of the crowd.

4. Ask Right Questions, Plenty of them

People love to talk about themselves, and they are likely to remember someone who shows genuine interest in them, who is more thoughtful, and asks the right questions. Someone who asks interesting questions makes them feel more appreciated and important rather than someone who simply rattles about their accomplishments.

5. Stay Connected & Follow up

Being an entrepreneur is a tough job! If despite socializing well with others, if they don’t remember your chances are that you might be not giving them enough opportunities. It is hard to remember anyone whom you have met just once. Hence, if you want to stay connected with a potential client, customer, or investor, make a point of finding a way to continue the conversation.

Perhaps, you can contact them to discuss your startup business idea or simply send them an article related to that. Get their contact information, follow them on LinkedIn and congratulate them if they have achieved something, recently.

Making a strong impression is critical to any startup business. So follow the above tips and let us know if they worked like a charm for you on your next meeting. To know more about how to pitch correctly to your investors, you can take our “Entrepreneurship Course”.

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Business motivation

Want to be an Entrepreneur? 7 Signs You Need to Start your Own Business

7 Signs You Need to Start your Own Business
7 Signs You Need to Start your Own Business

If you are sitting at your work desk, daydreaming about your startup plan for a new business this article is just for you!

Although it’s a no-brainer that starting a startup business is an intimidating process and requires a lot of hard work. Despite being aware of this fact, if the question is lingering with you day and night maybe you have it in you to become an entrepreneur.

But sometimes, due to a bad boss or dissatisfaction with the work culture, people often think about starting their own business and fail miserably at it. Perhaps, you too are just unhappy with your current job profile or role or maybe you are looking for a drastic change in your life with your innovative small business ideas.

So how will you find out if you are seriously ready to start your own small business in India? Well, worry not! Here are 7 signs that you are ready to wear the entrepreneur`s hat:

1. You are always thinking

Whether it is a new startup business idea or an online business course, entrepreneurs never stop pondering over distinct matters. It`s a blessing and a curse. If you think about yourself thinking about various subjects at the same time, maybe the day has come to leave the rat race and do something that you have always dreamt about. Put your thoughts into motion and start your own business.

2. You are passionate

Though entrepreneurs tend to come up with various startup business ideas at the same time, if there is one concept that you have instantly fallen in love with, perhaps this is the time to turn it into a reality. Entrepreneurs and business owners tend to be passionate about their plans and what they do. They do everything to turn their vision into a product or service to solve their customers` burning problems.

3. You are Independent

Being independent is the most common trait of entrepreneurs. This does not mean that you are anti-social or like to stay under the rock. It simply means that you believe in providing solutions to most of the problems on your own. Now, maybe this is the moment that you feel independent enough to begin working small business startup plan.

4. You are Self-motivated

Though having the best motivational speaker by your side is great, you don`t always need them or anyone else to get you moving. You wake up every morning even when you don`t feel like it and do what needs to be done.

5. You are Super Organized

Running a business is not child`s play! It requires plenty of organizational skills. At a later stage, you may want to hire a professional accountant or a lawyer. But initially, you will have to rely on yourself to track your finances, delegate responsibilities and pitch your ideas to investors. You can`t think about doing that without being organized.

6. You love Solving Burning Problems of People

Should you feel a strong desire to assist people by providing a service or a product, consider this as a telltale sign that you are meant to start your own business. This desire to help people can keep you going from the ups and downs of the entrepreneurial journey.

7. You feel stuck at your job

Well, most of you must be thinking that so many people often feel stuck at jobs. But, if the feeling persists despite switching more than 3 jobs in a year then you are probably unfulfilled. You might get a promotion and you feel better, but it will make you feel better, only momentarily. So, figure out if you would like to work on your start-up business idea or just need to do something different.

Let`s assume you have an awesome startup plan for a business, but everyone is telling you that it can`t be done. What is your reflex response? Do you listen to them or make their opinion your motivation to prove your vision? If your answer is the latter one, then yes, it`s time you should begin working on your business.

Well, the above-mentioned traits and many others can give you a rough idea. But one thing that can make sure that you are ready to start up your startup, is your own heart! Believe it, when it says you are ready!

Owing a business is incredibly rewarding, but to keep it up and running needs professional expertise if you are an amateur. To know how to build a startup from the scratch, you can take the ‘Entrepreneurship course’ to gain in-depth knowledge about different aspects of the business.

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Business motivation

3 Amazing Ways For Small Business To Stand Out From Competitors

3 Amazing Ways For Small Business To Stand Out From Competitors
3 Amazing Ways For Small Business To Stand Out From Competitors

What is the most essential aspect of a successful startup business? To stand out so that your potential customers choose you over your competitors on every single purchase. And just like most of the things in this world, there is a right way and a wrong way to do that. But unfortunately, most entrepreneurs approach this crucial factor in the wrong way.

Approach it the right way and it will result in a shorter sales cycle, lower marketing costs, and dominance in your niche market. Do it the wrong way and it will result in the opposite.

Being an entrepreneur you would like to avoid the latter.

But then how should you stand out from your competitors when the startup ecosystem is getting saturated? Are there any online business courses for entrepreneurs from where you can learn them?

Keep reading this article and we promise that by the time you reach the end, you will know exactly how to position your brand as a clear choice- both logically and emotionally:

1. Be Different & Unique

No matter how unique was your startup business idea was according to you, there is a possibility that either someone already has or will come up with the same business idea. And contrary to the popular belief, the world will not beat you down your door throwing money for your product or a service just because you have come up with such a great business idea.

A product or a service that is better than your competitors is great. But a consumer wants something different and unique. That’s because the human brain wants to change and that’s how it works. Things that are similar blend into obscurity, while the things that are different, stand out.

Take Apple computers for instance. An Apple computer is not any better than PCs, despite the popular belief of the loyal customers. They are priced higher with comparable specs with a different operating system that does not even let its user run any software.

They are not better, they are just different.

So while it is essential to provide products or services which are better than what your competitors offer, it is vital to be more different and unique to get a massive advantage over your competitors.

2. Build Multichannel Presence

“Out of Sight, Out of Mind”- this adage is truly applicable in today`s marketing world. Have you ever followed up with your customers only to find out that they bought from one of your competitors instead of you? This is because once you are out of sight, you are out of mind. And your competitors did a better job of staying in front of potential customers.

When your customer was making a buying decision, your competitors made the most of it by staying in front of them. And all it takes is–Effective Marketing. While some brands do it well, others do not.

An effective marketing strategy requires you to be present in more than one place to capture the attention of your target audience. Facebook, Instagram, Twitter, YouTube, Email Marketing, Google, SEO, phone calls, Video Marketing, Blogging, and the list goes on. You just have to be careful to not take more than you can effectively handle.

The proper approach is to add one new channel at a time and work strategically to achieve significant traffic there before adding another. You can also take an online business course that includes marketing to learn important tools to boost your business.

3. Testimonials of Happy Customers & Clients

No matter how much a company claims its products to be the best, consumers will dismiss a company`s claims unless they can be proven. This is where your customers and clients come into the equation. You should incorporate them as part of your marketing strategy because they provide social evidence and back up your statements.

Other potential buyers who are willing to purchase your products or services but hesitating due to unfamiliarity with the brand will trust other customers` words. A great testimonial can explain why a customer chose you over your competitors and why should others do it too.

Getting a testimonial from customers is a simple formula that covers both the logical and emotional components of a buying decision.

Coming up with a better startup business idea is not sufficient; you should be able to stand out from the competitors too. By implementing the above three tips you can effectively make your small business stand out from your competitors.

Get your marketing game back on track. Grow through self-learning and see your website traffic increasing with online business courses for entrepreneurs designed especially for you.

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Business motivation

5 Useful Tips For Entrepreneurs To Grow Successful Business Using LinkedIn!

5 Useful Tips For Entrepreneurs To Grow Successful Business Using LinkedIn
5 Useful Tips For Entrepreneurs To Grow Successful Business Using LinkedIn

Whether you are an entrepreneur who has just started his new journey or a small business owner your company and brand need to have a social media presence. Social media in today`s world is a powerful marketing tool. If utilized correctly, social media can take your business to new heights that would have taken you years to achieve in its absence.

Though there are multiple platforms like Facebook, Instagram, YouTube, and Twitter, we today are going to talk particularly about LinkedIn for entrepreneurs. Since its birth, LinkedIn has been an effective networking tool that helps professionals and businesses alike to boost their professional network. From MNCs to Industrialists, successful entrepreneurs to the best business coaches in India, everyone is giving special attention to their LinkedIn profiles.

LinkedIn keeps evolving itself with many useful features that let businesses of all sizes and revenue post updates and share content. This helps startup businesses to build their company brand on social networking sites.

Entrepreneurs can simply ask their connections through LinkedIn to write a recommendation of your work that you can display on your profile. And, those who are looking for funding for their brilliant startup business ideas, can boost your chances of getting your business noticed by a potential investor.

If you are an entrepreneur struggling to find your voice on social media, nothing can be better than LinkedIn. Here are 5 incredibly useful tips for entrepreneurs to grow a successful business using LinkedIn:

1. Develop Action Plan

Before you straightaway march out towards your laptop to build a LinkedIn profile, you must have an action plan ready. Unlike other social media platforms, LinkedIn is a great source of quality sales intelligence for small business owners. It can help you to raise your company`s visibility, secure clients, build and foster business relationships, and convert prospective clients into loyal customers.

Before coming out all shining on LinkedIn, spend time to make a list of people you see as your business prospects. Once, you do that, the next step is to create a highly personalized note for each person on your list and send them requests. The third step is when you are establishing a dialogue, avoid hard-selling, and instead focus on building a relationship.

To learn how to use networking for your business take online business courses for entrepreneurs like ‘Everything about Entrepreneurship’.

2. Share Professional Stories

Unlike other platforms, LinkedIn is not a social networking platform that is only meant to share food shots, travel photographs, and personal experiences. Hence, the key tip for entrepreneurs is to approach it as a platform to tell professional stories.

Talk about your professional stories- the challenges you faced, the lessons learned, and the milestones that you have achieved in your entrepreneurial journey. This will go a long way to build deeper connections and grow business. If you have no idea where to begin, you can also take help from a business coach. An ideal coach will certainly help you in building network connections.

3. LinkedIn is not like Facebook

Many people confuse LinkedIn with Facebook. However, entrepreneurs need to understand that LinkedIn is completely different from Facebook. Hence, they should not use LinkedIn as a social media site.

Connect only with relevant people, particularly with those who will gain from knowing you. Try sending them an interactive newsletter and relevant content. Do not hesitate to add people who you don`t know. You can also connect with new clients.

Wondering how to use other social media platforms as a powerful tool of business as well? Take our Problem Solving Courses to gain in-depth knowledge about marketing through social media.

4. Do Background Check

With a lot of people present on LinkedIn and make the most out of it, the platform enables entrepreneurs to locate and associate with a wide variety of stakeholders like employees, employers, investors, and partners. Thanks to its versatility, the search cost of performing the background check on LinkedIn has almost been cut down to near zero. It also helps entrepreneurs to unleash their true selves with a new wave of productivity.

If used correctly, LinkedIn can do wonders for you and your business. Entrepreneurs must leverage the platform by using its features to their utmost usage. Many businesses and brands have realized its potential. It`s time for you to unlock the power of LinkedIn for your business.

Find tools meant for rising entrepreneurs just like you with our Problem Solving Courses. From apps to services, to business strategies that let you manage many aspects of your business with the minimum investment of time and money, leaving you free to focus on the larger picture, everything is available at your fingertips.

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Business motivation

4 Ultimate Ways For Entrepreneurs To Deliver a “WOW” Customer Experience!

4 Ultimate Ways For Entrepreneurs To Deliver a “WOW” Customer Experience!
4 Ultimate Ways For Entrepreneurs To Deliver a “WOW” Customer Experience!

Let`s do a simple activity! Think about the last time you experienced a “WOW” moment at a restaurant or a store where you were impressed. You probably would love to go there again and do more business there, share it with your friends, and business associates too.

Customer experience is a crucial aspect of any business and an important chapter in any online business courses for entrepreneurs. Customer service can make or break a business, especially if it is a startup. A new business that is trying to make a foundation in the market generally has a hard time gaining and retaining customers.

While an excellent customer experience can retain even the most dissatisfied customers, poor and unresponsive service can turn away many potential customers. It can also turn away even the most loyal shoppers, which can certainly affect your company`s bottom line.

Customers expect good service, but if you are an entrepreneur and trying to establish your roots in the market, you must give them exceptional service. Going above and beyond will not only leave your customers blown away but will also make them advocates for your products.

To create ‘wow’ moments, you will have to make customers feel like they are the most important people in your world. Here are four ways to deliver “WOW” moments for your customers:

1. Deliver what your Promised, without Exception

Dedication and sincerity go a long way in the business world. These characteristics are something that you cannot learn in any online business courses. Delivering what you say, you will do becomes easy when you are committed enough to build systems around “WOW” moments.

When your goal is to win your customers` hearts, you look for ways to go the extra mile every time. One can achieve this by facilitating communication between different departments. Another way to sweep your customer off is to offer them a gift or more support. Everyone person loves to be treated exceptionally and little things can create special WOW moments.

2. Take Accountability & Fix Problems

Customer satisfaction is indeed a guarantee card for your business’s success. Nightmare customer service is not an alien concept in the marketplace. No customer service is mistake-proof, and let`s face it, it is practically impossible to not have any problems. We have all experienced it at some point in time.

So avoid over-promising and under-delivering, hire the right people, empower your team with training and give more importance to customer satisfaction than the customer policy.

If you know how to handle mistakes and problems that come in day-to-day business then you can earn the loyalty of your customers. Why anyone would give their money to a company that does not care?

3. Customer Feedback

Respect can never be bought or snatched, it has to be earned. To gain respect from your customers, you will have to earn it. No matter how small or large your team is, every team member must be on top of their game at all times to give customers a “WOW” experience. This also means accepting responsibility for your mistakes rather than denying it.

Customers prefer businesses that own up to their mistakes, are responsible, and take the necessary steps to correct them. And the best way to know where you are lacking is to take feedback from customers and learn from it.

Survey your customers regularly, and reward them for giving feedback. After all, they are taking out time to tell your points where you are doing excellent or you need improvement. Customers would love to help you improve if you value their time and opinion. To improve yourself, you can hire the best business coach who can help you to improve customer experience with his expertise.

Want to know how to improve your customer service? Watch this video:

4. Follow up & Follow through, Always!

Many startup businesses spend a lot of time, money and a great deal of effort chasing down new customers, only to lose them after the first or second transaction. Why? Only because they don`t follow up or follow through after their first sale.

It is very important to realize that if a customer doesn’t feel appreciated, he or she tends to go to your business competitor instead of making you their choice for repeat business.

Following up with your existing customers is the guarantee card to more business, which means more profit. When customers get a good experience with you, the probability of a repeat business increases.

Always give your customers more than what they expect. This will completely blow their brains off! Let them know you will bend backward to make their day better! After all, it`s all about the overall experience and the details that lie in between.

You can learn how to give your customer an unforgettable experience from the top industry leaders through our “Entrepreneurship Course”.

Did you like reading our article? Let us know in the comment section.

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Business motivation Strategy

3 Tips To Help Entrepreneurs Grow A Powerful Personal Brand

3 Tips To Help Entrepreneurs Grow A Powerful Personal Brand
3 Tips To Help Entrepreneurs Grow A Powerful Personal Brand

Selling is one of the most important business aspects for any entrepreneur. It is also a crucial skill that entrepreneurs are obliged to master. After all, creating or developing a customer-based product or a service is just not enough! The success of your or any business depends on your ability to sell it.

And for selling to be truly successful, today`s entrepreneurs must be engaged as much with personal branding as with the branding of their products and services.

Regardless of the services or products you as an entrepreneur have developed, you must have a vision and the ability to sell it to your prospective customers, partners, or investors effectively.

As much as anything, what you are trying to sell them is your competence, your credibility, your commitment, and your reliability, etc. Being able to powerfully communicate is very crucial for business growth. And this is why personal branding for entrepreneurs is extremely necessary.

Though most people consider selling to be the toughest job in the world, with branding tips, you can easily double up your sales figures. To know more, watch our video, here:

If you want to develop a powerful and meaningful brand that aligns with you, your vision, and values, here are the top 3 personal branding tips for you:

1. Be Authentic

In this world where every brand and product is trying to imitate each other to attract more customers, being authentic is something that will set you apart from the crowd. The key to developing a strong personal brand is to Stand Out.

What is the purpose behind your product? What are your values? How your perspective is different from your competitors?

By being true to yourself, your brand and business will feel much more aligned and fulfilling. It will build much more confidence within you and you will feel more empowered. This is something that you can learn from our ‘Entrepreneurship Course’ that will help you identify and align your business with your values and goals.

2. Define your Audience

‘One shoe does not fit all’- we must have heard this metaphor probably millions of times. And in the business world following this is beneficial. Having clarity around your brand identity is essential, but the same holds for your audience too!

Not every customer is your potential customer. Hence, any business needs to identify its target audience. It will give you information about their demography, their needs, and their spending power. Once you will know your customer segment well, you will know how to speak to them in a way that they feel connected with you. You will also be able to attract more of your potential customers who are looking exactly for what you are selling.

3. Recognize your Unique Value Proposition (UVP)

If you ask us what is that one ‘you-must-apply-personal-branding-tip’ then we would recommend saying let it be this one. For any industry to make yourself visible and recognized, a clearly defined UVP is important. Unless you are in a highly specialized niche, you are likely to have lots of competitors who are just as qualified, capable, and experienced as you. Hence, a UVP helps you to stand out from the crowd that resonated with your target audience.

A UVP or Unique Value Proposition is usually a unique skill, a process, or a perspective. If you already know about your UVP but are unable to sell it effectively to your customers, you can learn it in our online business courses for entrepreneurs.

Building a personal brand simply means that you are an expert in something. Establishing your expertise in something is the most important thing, which also takes the longest time. Fortunately, there are plenty of ways to do so.

From hiring the best business coach in India to taking one of the most advanced and specialized online entrepreneurial courses, you can pick any according to your requirements. If you want to begin by upgrading yourself, you can take the ‘Everything about Entrepreneurship’ course. To know more, click here: https://www.badabusiness.com/?ref_code=ArticlesLeads

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Business motivation Startup

5 Ways A Business Coach Can Help You Grow Your Startup!

5 Ways A Business Coach Can Help You Grow Your Startup!
5 Ways A Business Coach Can Help You Grow Your Startup!

No matter at what stage your business is at, a great business coach can make you work smarter and can help you to motivate to achieve success faster.

From helping you to keep your ego in check to helping expand your network, there is nothing that a business mentor won`t do to help you navigate through the business challenges. If you select the best business coach in India, you will be provided with both the tools and a fresh perspective that you need to go from point A to point B.

Today, from entrepreneurs to big organizations, the importance of a fresh new perspective from an expert is highly in demand. Once an organization attains success, they tend to become complacent. Hence, they realize that an outside view is crucial to push them towards their ultimate goals.

If you are on the verge of hiring a business motivational coach, let us assure you that it is worth the investment. Here are five different ways in which an ideal mentor can help you to avoid falling into the pitfall and move forward:

1. Identify Pitfalls

Running a business involves a lot of things that only a great mentor and good online business courses can teach young and aspiring entrepreneurs about the different dynamics of business. So before you close your books for the financial year, take a hard look at your business performance. Then consult with your mentor as he will work with you and will surely find specific areas for growth.

Your mentor will with you to find out more gaps and pitfalls and will ensure that those pitfalls don`t cost you any more than they may already have.

2. Put Light on your Blind Spots

An ideal business coach can see things that entrepreneurs or small business owners can often miss. But, if you want to see your business climbing the ladder of success, it is very crucial to clear out the blind spots. You want to be able to foresee things before you make a plan. A mentor can shine a light upon the things you may overlook or miss and can drive you to face them head-on.

3. Boost your Strength

Strength is essential- not just physical strength, but also mental strength. Many entrepreneurs after achieving success in their initial stage become complacent. They enjoy their laurels and believe everything is fine. A business motivational coach will help you identify your potential. He will push you to increase your strengths, and that is how he helps you to bridge the gaps wherever you are lacking in your business.

4. Helps you create a Roadmap

If you don`t have a plan, your business has no future. Having a solid plan can provide you with an outside perspective, which is why many companies partner with the best business coach in India. A mentor helps you by addressing the shortcomings and creates benchmarks by putting the expertise together to accomplish your goals. This ensures that you have a plan which is a built-in strategy instead of relying on just a sheer fluke.

5. Push you out of your Comfort Zone

To build a startup from the scratch, strong networking is very helpful. But not every entrepreneur is an extrovert, some are introverts too. If you are an introvert, you need to hire the best business coach along with taking online business courses for entrepreneurs.

It is easy to get occupied in their business world. A mentor will help you push out of your comfort zone, meet new people and try new things in the business. Even extroverts can get caught in challenges; a mentor will push you out of them.

Focus, perspective, strengths, and out-of-the-box thinking are some of the benefits that a business coach can add. But there are plenty of more. However, it is very important to hire the best business coach in India.

Get practical solutions easily with our ‘Entrepreneurship Course’ which is an online business course for entrepreneurs. It is a step-by-step learning strategy, action plan, framework that are designed to empower you with various business functions.

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Business motivation

How To Avoid 3 Common Fundraising Mistakes Entrepreneurs Make That Can Sink A Business!

How To Avoid 3 Common Fundraising Mistakes
How To Avoid 3 Common Fundraising Mistakes

Starting a startup might seem all exciting and there could be times that everything falls into its respective place. You think about starting a business and the customers come knocking at your door since day one.

You raise funds easily and your first pitch to your investors is a rip-roaring success. Everything goes according to the script, even if you didn’t think too much about it. But what happens when you couldn’t able to generate investment for the second round? What happens when things go wrong?

Watch everything that you need to know about Fundraising in this video:

The problem with effortless success is that it does not prepare you for the worst. Some so many entrepreneurs tasted early success in their entrepreneurial journey, but things got a little tricky when additional capital was required. Their numbers were bad and their business looked like a nightmare which put the investors off-board.

So what are those BIGGEST mistakes of fundraising that every entrepreneur must avoid? Here is a list:

1. Catastrophic Mistakes

There are plenty of crucial decisions to be made over the first few raises. Entrepreneurs must decide how to pick the right investor for their business, whether they should try crowdfunding, and how to evaluate their business. The important steps can help to take the business to successful heights. But these are the areas where people can make catastrophic mistakes.

How to avoid it?

The starting point is the exit! What many people don`t realize is that taking investments puts you on a path to exit. Every investor wants to get off in 6-10 years with a return. So looking at the stages to exit is the place from where entrepreneurs should think further than expected. Also, one can take professional help from the best business coach in India.

2. The Correct Numbers

Focusing on numbers is one of the most essential things if you want to ensure that your business sustains in the long run. Many start-up businesses fail to thrive ahead because the founders couldn’t raise a second tranche of money. Numbers are critical even at the pre-revenue stage and therefore it is vital to work on the financial plan. Most founders overestimate the cost and the period it will take to hit targets.

How to practice it in the real world?

So understanding the biggest gap that exists in the business models is between what is being projected and the actual cost bases is very important. Investors typically look for businesses that can understand their cohort financial analysis, customer acquisition drivers, and churn rates. Hence, an in-depth understanding of unit economics and how it can be improved can help any business to sustain itself for a longer time. However, hiring a business coach too can help you navigate the challenges of fundraising.

3. Unpicking Experience

To err is human. And one of the best qualities that humans are bestowed with is their ability to learn from them. But is the fact that someone has made mistakes and learned a valuable lesson from them is necessarily a reason to trust their judgment? Well, certainly not!

Unless humans make mistakes, their learning will never start. However, it is not advisable to carry the burden of past mistakes over their shoulders. Many entrepreneurs carry the weight of their past business mistakes to their present and future. But dwelling on past mistakes results in nothing more than unhelpful introspection.

How to avoid it?

Learning from past mistakes is something that every successful business leader must do. Also, if you take help from a business coach he or she can probably help you to learn from their professional mistakes which is probably every essential.

Fundraising is certainly not easy! Even if you find investors in the first round easily that does not guarantee for the next investment rounds to be that smooth. Hence, only by understanding both the thinking of investors and the pitfalls that may lie ahead, businesses can be better equipped to obtain the funding they need. And taking the professional expertise of a business coach can demystify the investment landscape for entrepreneurs.

To know more about fundraising and investment strategies, take our ‘Entrepreneurship Course’ which is a specialized online business course tailor-made for those who want to pursue their entrepreneurial goals!

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Business motivation

3 Professional Skills To Prepare Today`s Youth For Tomorrow`s World!

3 Professional Skills To Prepare Today`s Youth For Tomorrow`s World!
3 Professional Skills To Prepare Today`s Youth For Tomorrow`s World!

In a world that is constantly evolving, young people in India need the right mix of skills to excel in their careers. With the world becoming more data-centric, access to information is also increasing. Academic skills remain important, but they are not sufficient for Indian youth to foster a career that is productive and as appealing as they want it to be.

Whether it is a metropolitan city or a small town in India, young people across the country need to develop a greater breadth of skills to either get their dream jobs or to become successful entrepreneurs.

Skills like efficient teamwork, communication, flexibility, and critical thinking are essential, but rapid advances in technology will need more than that. According to a Mckinsey report, an estimated 83 million jobs around the globe will go unfilled due to a lack of skills in the coming years.

Any individual who wants to aspire to either become his or her boss or want to join his dream company, the best time to level up your professional career right now! Whether you are looking for a change or not, upskilling yourself now is better than scrambling to upskill yourself when you are urgently looking for a job change.

And lucky for you, it is easier now to upgrade your knowledge reservoir with online business courses for entrepreneurs and employees. The diversity, quantity, and quality of courses for entrepreneurs, employees, and students are growing rapidly.

Almost everyone in the business world is already making the most of these online courses to help their employees build skills. So why not start your learning now?

Here are three great areas that offer great opportunities for skilled youth to boost their professional profile:

1. IT & Cybersecurity

The IT sector has always offered excellent opportunities to the Indian youth. With so many IT giants like TCS, Infosys, HCL, and Wipro always on the lookout for new talent, it makes sense to go deeper in this sector.

Also, with the work-from-home scenario, remote work has thrown some new technological challenges. The ever-changing digital landscape has kept IT and tech skills most favorable in 2021 and more upcoming years.

Another significant challenge that the pandemic has thrown was the increasing speed of cyber-attacks and robust security threats. Throughout the pandemic, there was around an 83% increase in phishing attacks and 62% more cases of malware.  Hence, in response to this many companies are making the hiring of cyber-security professionals their foremost priority. Hence, it will be highly valuable for youth to take business courses in India.

2. Video & Audio Production

We are living in a digital age! From studies and classes conducted online to selling and marketing on social media platforms, you must have noticed the rise of digital media.  Also with so many features such as reels, TikTok, and Facebook the demand to produce compelling video and audio is a set of skills that is highly in demand.

Thanks to these popular social media channels, the demand for video marketing content is way up. Today, a popular social media channel is like an ocean of potential customers. And, these customers love to see video content from the companies and brands they love. Hence, to retain and attract more customers, it has become essential for brands to prioritize video production in-house.

Also, if you are an entrepreneur and want to build an online presence for your business, it becomes even more important for you to get hands-on experience on this skill. There are many online courses for entrepreneurs through which you can upskill your video and audio production skills.

3. Data Analysis & Statistics

Data is the next precious commodity in the world! Data is the ultimate game across many industries today and in many upcoming years.

If you are still thinking about how data is driving business choices, consider NETFLIX. Netflix has developed sophisticated data modeling which is based on consumer`s watching patterns. They have used this pattern to drive content purchasing to fit consumer tastes. Netflix with its data-driven approach was able to raise its value by $50 billion in 2020.

Data Analytics has become a top priority in marketing and advertising companies too. These days, data is where it all begins, and your ability to collect and interpret data can act as a major boost not just in your resume, but also in your business.

Combined with creativity, the three areas mentioned above can help you climb the ladder of success. If you are interested in starting your startup, you can take online business courses for entrepreneurs to upskill themselves.

You can also join our ‘Entrepreneurship Course’  to learn the nuances of business.

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Business motivation

How To Build A Strong Business Network When You Are An Introvert Entrepreneur?

How To Build A Strong Business Network When You Are An Introvert Entrepreneur
How To Build A Strong Business Network When You Are An Introvert Entrepreneur

Aditya, a 24-year-old guy, with plenty of revolutionary startup business ideas in his mind and a determination to set up his startup hails from Kanpur, a city in Uttar Pradesh. Surrounded by a large crowd of successful entrepreneurs and young solopreneurs who are chasing their business goals, he is getting nervous with each passing minute.

He can feel the sweat beads forming consistently and rolling down over his forehead against his will, which adds up to his discomfort. He can feel his heart thumping, ready to leap out of his chest. And, while many of you may think that Aditya is about to experience a cardiac arrest, let us tell you that nothing of this sort is about to happen.

Aditya, who has a charming personality and the confidence to sweep any businessman off with his effective communication skills and creative ideas, is also an INTROVERT. Being an introvert means meeting total strangers or attending an event with hundreds of people is no less than a nightmare.

While many people can easily share personal stories while making business contacts, there are also people like Aditya who want to build a strong network and close business deals for his business idea but can`t approach a stranger and start talking. You can also watch video on “Covid Proof & Recession Proof Business Ideas” , here:

Loud and crowded settings are often intimidating for introverts and draining. But in a world that often recognizes an extrovert as the ideal personality, how do introverts get ahead when it comes to building a network?

Here are five tips that can help even the most introverted entrepreneurs improve his or her networking skills:

1. BE YOURSELF

One of the most clichéd tips of all time, yet very effective and true. Accepting your weaknesses and strengths is the ultimate way of evolving both personally and professionally. Beating yourself up for not having an outgoing personality will not help you in any way. It will only create a sense of inferiority that will hold you back in the future.

Make improvements by learning from extroverts, but don`t expect yourself to behave like one. To get uplift your mood and spirits, you can listen to the best motivational speaker in India.

2. CUSTOMIZE YOUR APPROACH

There is nothing wrong if you feel more comfortable in a small group. After someone accepts your invitation to discuss your startup business idea, look for scenarios where you can meet people in settings that are peaceful and ideal for network building. You can invite business investors to small group or in-person activities like a cup of coffee at your favorite café to discuss endless business possibilities.

It may take you more time to meet new people. But, it will help you to overcome your hesitation to meet new people and will build much deeper and significant relationships.

3. ONE STEP AT A TIME

If you too get cold feet like Aditya when it comes to approaching even one person, then fret not! Take baby steps. Do not rush. Do not try to force yourself to go and talk to people when you are not comfortable. Forced conversations can leave a negative impact on your investor.

Begin by exchanging emails or few direct messages on LinkedIn with your business prospect. This will give you a sense of familiarity with the person you are about to meet in person. After you have communicated through emails, take the conversation ahead by meeting them in person. You can also hire a business coach who can help you overcome hesitation.

4. ASK FOR A WARM INTRODUCTION

It is very normal for introverts to remain with that one connection they make in an event for the entirety. However, being an entrepreneur you will have to build multiple connections for your business growth. Force yourself out of your comfort zone. Tell yourself a number and meet as many people within a certain amount of time. Explain that you are a little introvert and it will be amazing if they can introduce yourself.

5. PLAN AHEAD FOR EVENTS

Aditya is not alone in this world! Many people like him begin sweating at the mere mention of attending events. Many people in this world do not find the thought of meeting countless strangers pleasing. But, building a network is an important aspect of a start-up business. A little planning can ease out the entire situation for introverts.

When you find an event that can materialize your startup business idea into reality, you can contact the organizer a couple of days ahead of the event. See if the organizer can help you to make introductions through email or social media. On the day of the event, you will know specifically which people to seek out.

Introverts may find meeting total strangers and converting those meetings into treasured resources quite overwhelming. But as an entrepreneur, you have to have a strong network. So, networking has to be a part of the business plan.

To resolve this challenge, we have many ‘Problem Solving Courses’ that include personality development as well to help you build a strong network.