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Business motivation

5 Habits of Highly Successful Leaders and Entrepreneurs

Being a leader is not an easy task as they are the one who shape our nation, community and organisation. We need good leaders to help us guide and keep things moving. Our society is pretty quick to find a bad leader, but do we know what makes a good leader? Here are five habits that billionaires, high profile investors and startup founders have in common.

They Read

The one thing that successful people do more than anyone else is that they read. They consume books with an incredible appetite. If you don’t have a habit to read books, you can make it now. Try to staple it to your routine before going to bed or in the morning.

Set Big, Clear Goals

Every watched “The Wolf of Wall Street”? In the movie, Leonardo DiCaprio was a middle-class man with a big and clear goal. It may be basic, but you will always be lifted by the goals you set.

Work-Life Balance

Successful people realise the importance of work-life balance. They are willing to take breaks from their stressed schedule and aren’t afraid to go on vacations with family. They also prioritise healthy habits like sleep, balanced diet and exercise. This helps them to stay more stable, both emotionally and mentally.

Emotional intelligence

Emotional intelligence or EQ refers to the capacity to handle internal and external emotions. High EQ helps one to recognise their own emotions and keep them under control. It also helps to recognise the emotions of others and responds in a healthier manner. People with high EQ have better relationships with their team members.

Time Management

Successful leaders are good at time management. They divide their time according to the importance of the activity. Entrepreneurs like Elon Musk are obsessed with time management. He ensures to devote a balanced amount of time to both his businesses- SpaceX and Tesla.

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Business motivation

Top 21 Books That Every Entrepreneur Should Read In 2021

The year 2020 was a transformational year for everyone and 2021 is still a ‘blank slate’ that feels so boundless and exciting. Those who started business in 2020 or before that, now have some idea about how to sustain their business during the pandemic. But still, there are many things that an entrepreneur needs to learn. Bada Business Republic Day 2021 Offers: Know About Offers on IBC, LTM and Other Courses; Check List of Offers Valid From January 26–31.

No need to worry though. One of the best ways to gain knowledge is through reading. New books are published every minute containing insightful details about how businesspeople can grow their business and prepare for the future- here are few must-read books for young entrepreneurs. Feeling Unmotivated? Here Are 3 Bollywood Songs to Inspire Every Entrepreneur.

20 Books That Every Entrepreneur Should Read:

Solving the People Problem: Essential Skills You Need to Lead and Succeed in Today’s Workplace by Brett M. Cooper and Evans Kerrigan

How to Win Friends and Influence People by Dale Carnegie

Courage to Lose Sight of Shore: How to Partner with Private Equity to Grow Your Business with Confidence by Kelley W. Powell

The Psychology of Selling by Brian Tracy

Own Your Career, Own Your Life: Stop Drifting and Take Control of Your Future by Andy Storch

Who Moved My Cheese? An Amazing Way to Deal with Change in Your Work and in Your Life by Spencer Johnson

Move Fast. Break Shit. Burn Out: The Catalyst’s Guide to Working Well by Tracey Lovejoy and Shannon Lucas

Rich Dad, Poor Dad by Robert Kiyosaki and Sharon Lechter

More Good Jobs: An Entrepreneur’s Action Plan to Create Change in Your Community by Martin Babinec

Rich Woman by Kim Kiyosaki

A CEO Only Does Three Things: Finding Your Focus in the C-Suite by Trey Taylor

Thinking, Fast and Slow by Daniel Kahneman

The Extraordinary UnOrdinary You: Follow Your Own Path, Discover Your Own Journey by Simone Knego

The Startup of You: Adapt to the Future, Invest in Yourself, and Transform Your Career by Reid Hoffman

Get Rooted!: Growing People and Companies Through Change by Stacy Henry

The 4-Hour Workweek by Timothy Ferriss

The $100 Startup by Chris Gillebeau

The E-Myth Revisited by Michael E. Gerber

The Extraordinary UnOrdinary You: Follow Your Own Path, Discover Your Own Journey by Simone Knego

Crawl, Walk, Run: Advancing Analytics Maturity with Google Marketing Platform by Michael Loban and Alex Yastrebenetsky

The Entrepreneur Mind by Kevin D. Johnson

Enjoy these gems, some of them are just newly released. We can guarantee you that these books will help you reach your personal or business life goals.

Categories
Business motivation

Feeling Unmotivated? Here Are 3 Bollywood Songs to Inspire Every Entrepreneur

We all feel low at a certain point in our lives. Good song or music can provide comfort and drive to even the most stressed workers. Shekhar Astitwa wrote these lyrics about working hard and achieving goals. Bada Business Republic Day 2021 Offers: Know About Offers on IBC, LTM and Other Courses; Check List of Offers Valid From January 26–31.

“Pighla de zanjeerein
Bana unki shamsheerein
Kar har maidaan fateh oh bandeya
Kar har maidan fateh”

Especially during the times like pandemic, we have limited inspiration to work and we often turn to music to inspire us. Turning to music can be a good decision as it a healthy way to develop better work ethics. So here are some songs which are inspiring and motivating to hustle more.Small Business Ideas: 4 Businesses You can Start Right Away with Minimum Investment.

“Chale Chalo” From Lagaan (2001)

The team anthem from ‘Lagaan’ is an inspiring song with very uplifting beats. The team motivates you to be a team player and provide that extra boost of energy needed to finish difficult projects successfully. Overall, this song also teaches us patience because the story shows non-professional cricketers learning cricket to defeat much stronger British team.

“Ruk Jaana Nahin” From Intihaan (1974)

The iconic Kishore Kumar song is from the movie ‘Imtihaan’. The song gives a message to keep going even if you fall. The ability to keep going on is the quality that makes an entrepreneur successful.

“Kuch Kariye” From Chak De India (2007)

The melodious song from Shah Rukh Khan-starrer Chak De India is extremely impactful and motivating. “..Kuch kariye,kuch kariye, Nas nas meri khaule,kuch kariye, Bas bas bada bole..!” these lines from the song translates to “Do something, Every vein of mine is boiling , enough of all this big talk, now do something!” It gives you a message to get back on track and start working towards your goal.

Categories
Business motivation Strategy

Bada Business Republic Day 2021 Offers: Know About Offers on IBC, LTM and Other Courses; Check List of Offers Valid From January 26–31

Mumbai, January 27: Dr Vivek Bindra, a revolutionary entrepreneur, an internationally acclaimed motivational speaker and a business coach, has announced some really exciting offers on Bada Business to help businesses grow and reach new heights. Mr Bindra, who is known for creating Content on Leadership Development, is Helping People across the world in achieving their business goals.

On the occasion of India’s 72nd Republic Day on January 26, the offers have been made available to all. The Bada Business Republic Day 2021 offer will be valid from January 26 to January 31, 2021. Mr Bindra is an acclaimed Executive Coach for over Top 100 CEO’s in India and under his guidance, these courses and offers will help you take your business to new heights.

Some of the offer details are mentioned below:

Offer Details:

Join the Republic of Bada Business – IBC & LTM Offer (For New Customers)

  • Get IBC & Lifetime membership at 72k + GST (Rs. 84,960)
  • Offer available on Direct Payment, Credit Model and Loan Customers

Join the Republic of Bada Business – IBC Offer (For New Customers)

  • 26 Problem Solving Courses free on becoming an Independent Business Consultant.
  • Offer available on Direct Payment, Credit Model and Loan Customers

Grow Your Business 10X (For New Customers)

  • 10 Problem Solving Courses free on purchase of Everything About Entrepreneurship.
  • Offer available for Student & Entrepreneurs
  • Offer available on Direct Payment, Credit Model and Loan Customers

EAE to IBC Upgrade Offer (For Existing Customers)

  • Existing EAE Entrepreneur & Student Customers and PSC Combo Customers can upgrade to IBC + Lifetime Membership at 36k + GST
  • Existing Chote Miyan Customers can upgrade to IBC + Lifetime Membership at 45k + GST
  • Existing Bade Miyan Customers can upgrade to IBC + Lifetime Membership at 53k + GST
  • Offer available on Direct Payment, Credit Model and Loan Customer.

10 PSC List:

S.No. Course Name Net INR Gross INR USD
1  Finance for Non Finance Manager (FNF) 12,500 14,750 220
2 ERP 12,500 14,750 220
3 Working Capital (WCM) 10,000 11,800 170
4 Pocket Money to Professional Salary 19,000 22,420 320
5 Zero Dollar Marketing (ZDM) 14,500 17,110 245
6  SPICE- Smart Presentation for Investors, Customers & Employees 14,500 17,110 245
7 Fund Raising 19,500 23,010 330
8 How to Start a Startup? 19,500 23,010 330
9 How to sell? 14,500 17,110 245
10 CRM 12,500 14,750 220
 Total 149,000 175,820 2,545

26 PSCs List

S. No. Course Name Net INR Gross INR USD
Launched Courses        
1 Finance for Non Finance (FNF) 12,500 14,750 220
2  ERP 12,500 14,750 220
3 Working Capital (WCM) 10,000 11,800 170
4 Busyness to Business  (B2B) 14,500 17,110 245
5 Zero Dollar Marketing (ZDM) 14,500 17,110 245
6 SPICE- Smart Presentation for Investors, Customers & Employees 14,500 17,110 245
7 Fund Raising 19,500 23,010 330
8 Personality Development 14,500 17,110 245
9  How to Start a Startup? 19,500 23,010 330
10 HR 12,500 14,750 220
11 Pocket Money to Professional Salary 19,000 22,420 320
12 How to sell? 14,500 17,110 245
13 CRM 12,500 14,750 220
14 Debt Management 14,500 17,110 245
15 Customer Service 12,500 14,750 220
16 Business Automation 14,500 17,110 245
17 E-Commerce 25,000 29,500 420
18  English for Business 14,500 17,110 245
19 Export-Import 14,500 17,110 245
20  Family Business 12,500 14,750 220
21 How to Scale a Start Up 19,500 23,010 330
22 Passive Income 14,500 17,110 245
23  Stock Market 10,000 11,800 170
24 Video Influencer 14,500 17,110 245
25 Whatsapp Marketing 14,500 17,110 245
26 Stress Management 12,500 14,750 220
 Total 384,000 453,120 6,550

 

Mr Bindra has inspired millions of people across the globe by training in more than 25 Countries. He has been bestowed with the Honorary Title of ‘Think Tank of Corporate Asia’ by World Leadership Federation, Dubai.

Categories
Startup

Small Business Ideas: 4 Businesses You can Start Right Away with Minimum Investment

People are increasingly quitting their 9-5 jobs to establish their own businesses. More and more young adults are beginning their entrepreneurial journey. However, one the major limitation the business aspirants face is selecting the right business to start and establish. Not all business ideas are feasible and materialise into an actual start-up. To begin with, entrepreneurs should look for small businesses, which can be started at a small scale with minimum investment. Such businesses can be started with the least number of employees  in a sole proprietorship set-up. Start-Up Ideas: Here are 5 Businesses You Can Establish and Run Under Rs 20,000.
Small businesses can be started easily without much financial or human investment. Here are 4 small businesses you can start right away:

Customised Clothing Business 

One of the most popular and sought after product in the apparel industry is customised clothes. More and more people are looking to have their name, pictures, quotes, symbols etc on their clothes. Starting a customised clothing business on an online as well as offline platform will be profitable. It doesn’t require much investment. However, one should a basic understanding of designing and colour schema. Here are 4 Profitable Startup Business Ideas that Give you High Returns.

Bakery 

Another low investment and big return business is of bakery shop. People are moving towards homemade food options and drifting away from factory-made packaged food items. One can bake cookies, cakes, pastries, cupcakes and a variety of breads an sell at decent profitable prices. Simultaneously, starting an online channel instructing how to bake will provide additional source of income.

Photography 

If one has a knack for angle, dimension and can capture the aesthetics beautifully, then photography is the business to go for. All one needs to do is set up a website and social media pages displaying your photographs and creating an awareness about your business. It is also a well-paying, all weather business.

Online Book Store 

Despite the coming in of various tech products, many avid readers prefer books over screens. Create an online portal through which people can exchange, rent and purchase books. All one needs to do it make a network of book readers, source books (used, new) and create awareness about the book portal on social media.

Many small businesses have proven to be highly successful and profitable for the entrepreneurs. Continuous and dedicated efforts by the start-up owners ensure long term survival and success of the business.

Categories
Process & Business Expansion

What is Business Environment? 4 External Environment Factors That Require Continuous Evaluation

A business constantly faces challenges and threats from the external environment. There are certain factors that influence the operations and functions of an enterprise. Business environment refers to the sum total of all the elements that has a direct or indirect impact on a firm. Certain factors, comprising the internal environment, can be controlled and managed by the business. However, the external environment is dynamic and beyond the control of business management. Firm should be aware and careful about such factors. Start-Up Location: 4 Factors You Should Consider While Selecting a Location to Start the Business.

A business should be always on toes while dealing with the external environment. It requires continuous evaluation of the markets and comprehensive planning. Here are such external environment factors a firm should know about –

Political Environment 

Political environment comprises various rules, regulation, taxation regime and other policy changes introduced by the government. A firm should be careful about any change in the government policies which impacts the business- directly or indirectly. Businesses are also advised to comply and adhere to all the requirements introduced in such policy reforms. Govt. of India Free Online Learning Program for Start-Ups.

Economic Environment 

Economic environment comprises various parameters that measure the financial and economic situation prevalent in the market. It includes inflation, recession, employment rates, deflation, GDP among others. An increasing GDP helps in growth of the business as well.  Deflation and recession lead to stagnation or decline in business operations.

Social Environment 

Another important aspect of the external business element is the social environment. It includes the belief and norms of the society. A business will only be successful if it able to understand and comply with the beliefs of the society. It also includes the liking and preferences of its citizens, which ultimately form firm’s consumer group.

Technological Environment 

A change in the level of technological advancements in the society also impacts the operations of the business. As consumer becomes more and more technologically equipped, a sales of various goods dependent on obsolete technology plunges. If the businesses are not able to keep up the advancement in tech know-how they are bound to suffer huge looses and eventual winding up of the business.

Businesses should be careful about the various changes in the external environment and be flexible enough to incorporate them. Continuous evaluation of external environment is crucial to keep the business safe from threats and en-cash the opportunities.

Categories
Startup

NORKA Pravasi Startup Scheme: More Than 4,000 Expatriate Entrepreneurs and Startups Benefit in Last 5 Years; Here’s How Interested Pravasis Can Apply For The Scheme Online

Thiruvananthapuram, January 27: With an aim to help the expatriate entrepreneurs, the Non-Resident Keralites Affairs (NORKA) Pravasi Startup Scheme has proved to be a major hit for these startups. Reports inform that the NORKA has supported 4,179 expatriate entrepreneurs over the past five years. Moreover, the Left government in Kerala has sanctioned Rs 220.37 crore for such start-up projects by ”pravasis” who have returned to Kerala, an official release said.

In the last financial year i.e. in 2019-20, 1,043 people realised their entrepreneurial dreams using the Pravasi Startup Scheme and Rs 53.40 crore was sanctioned for this, the government said in a release. TheNon-Resident Keralites Affairs (NORKA) Pravasi Startup Scheme is a joint venture between NORKA and the Kerala Startup Mission to create self-employment opportunities for Pravasis who return from abroad and wish to embark on a new journey here as entrepreneurs.

The main aim of the NORKA scheme is to rehabilitate expatriates who can contribute to the economic development of the State according to their professional skills. Kerala Bank, Canara Bank and the Travancore Pravasi Development Co-operative Society are few of the 16 banks that provide loans to expatriates.

NORKA Pravasi Startup Scheme: All You Need to Know

  1. Loans up to Rs 30 lakh with a capital subsidy of 15 percent (subject to a maximum of Rs 3 lakh) are available for start-ups by those expats who have returned to Kerala after working abroad for at least two years and now settled in Kerala.
  2. The scheme also offers a 3 per cent interest rebate for the first four years for those who repay the interest on time.
  3. Kerala Bank, Canara Bank and the Travancore Pravasi Development Co-operative Society are few of the 16 banks that provide loans to expatriates.
  4. NORKA has expanded its field camps to reach out to more people, to make the loan procedures easier and to make loan processing in a single day.
  5. Seven camps were conducted during the 2019-20 financial year and about 500 pravasis have benefitted from this.

Here’s How You Can Apply and Check Details Online:

Interested Pravasis can check http://norkapsp.startupmission.in and norkapsp.startupmission.in for further details and apply for the scheme. People cab also call on 08047180470 for any information on the Kerala Startup Mission. NORKA toll-free numbers 18004253939 (from India) & 00918802012345 (Missed Call Service from abroad) and on http://norkaroots.org and norkaroots.org website.

The Norka Pravasi Startup Programme(NPSP) will facilitate the NRIs by means of various Technology business opportunities which the NRI community can adopt and contribute to the economic development of the state.

Categories
Startup

Indian Startups Attract $10.14 Billion in Funding Across More Than 1,200 Deals in 2020 Despite COVID-19 Crisis: Report

New Delhi, January 27: Despite the COVID-19 crisis, Indian startups, which were largely impacted due to the pandemic, are estimated to have received USD 10.14 billion in funding across more than 1,200 deals in 2020. According to a report by consulting firm HexGn, even though the total investment received in 2020 is lower than that of 2019 (USD 14.5 billion), the number of deals were higher by 20 percent. “Weathering negative sentiment, seed stage investment deals grew by 50 per cent from USD 353 million over 420 deals in 2019 to USD 372 million over 672 deals in 2020. This is a good sign for people looking to plunge into startups, as early-stage investors are now keen to back risk-takers early on,” the report noted. The report said that this can be attributed to the work done by Invest India, Startup India, AgNii and other agencies of the Indian government to boost investor confidence and entrepreneurial culture.

The HexGn report added that this is the third year in a row that India has kept its number four position globally after the US, China and the UK. A report by IANS states that globally, startups raised over USD 308 billion in funding, with the US garnering USD 165 billion. The report said Bengaluru, Delhi NCR and Mumbai accounted for 90 per cent of the startup investments in the country, signalling concentration of angel investors and appetite in these regions. Bengaluru led with USD 4.3 billion in startup investments, followed by Delhi NCR (USD 3 billion) and Mumbai (USD 2 billion).

The study revealed that in terms of sectors, e-commerce attracted the highest investment with USD 3 billion, followed by fintech at USD 2.37 billion and edtech at USD 1.52 billion. The biggest gainer has been the edtech segment that grew four times this year from USD 380 million in 2019. However, sectors like transportation and logistics, and travel and tourism saw more than 90 per cent drop in investments in 2020 as compared to 2019, it added.

In 2020, the startups that attracted maximum funding include Zomato (USD 1.02 billion), Byju”s (USD 922 million), Phonepe (USD 807 million), Unacademy (USD 260 million) and Ecom Express (USD 250 million), as per the HexGn report. These numbers do not include funds raised by Jio Platforms (Rs 1.52 lakh crore) in 2020. The report noted that these numbers are early guidance and there could be changes as more companies make announcements on funds received.

Categories
Startup

Start-Up Location: 4 Factors You Should Consider While Selecting a Location to Start the Business

Many people are planning to establish their own business. From starting a firm to making it sustainable and successful, a lot of efforts are required. There are various factors that effect the business’ operations. An entrepreneur should carefully take decision on all such factors to ensure long term survival and growth of the start-up. One such important factor is the location of the business establishment. Selecting the appropriate location for starting the business is a tedious, time consuming yet crucial in development of business. Want to Design a Suitable Logo for Your Start-Up? Follow These 4 Tips to Make Effective & Attractive Logos.

There are several factor which influence the decision of selection the right location for your business and should be taken into account while picking up the best spot for the start-up. Here are four factors that an entrepreneur must consider before zeroing down on a place of business:

Nature of the Business

The nature of business is an important factor to be considered while deciding the business location. If the start-up is focused on manufacturing, then the business should be located in the place which is nearer to the raw material sites, so that a regular supply of inputs at reduced costs is ensured. Similarly, if its a B2C set-up then the business should come up at a market place that is easily accessible to the potential consumers.

Target Market Segment

Another important factor to be taken into consideration is that nature of target market. If the start-up is youth centric for instance cafes, electronic accessories, it is advisable to open the business in a popular spot. If the business is related to education and stationary, places near the college campus would be right spot.

Foot Traffic

For any business a regular foot traffic is important. Without regular and consistent foot traffic, a business will eventually fail. If the business is based on a retail model, then heavy foot fall is important for its survival’ Hence while selecting a location for the business, it is important to check the foot traffic in the area.Planning to Launch a Start-Up? Follow These 5 Tips to Select the Perfect Name for Your Business.

Location of Competitors

The location of competitors also has an influence of the location of the business. Ideally, start-ups should choose a spot that is near to the competitor’s location to take advantage of its excess customers. It also helps to create awareness about the business.

Establishing a business involves huge costs and is a long term decision. It effects the operations and functioning of the business. Hence, the entrepreneur should be very careful while selection a appropriate location for the business.