Tag: business mentor

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Education

Work From Home: A Bane Or A Bliss?

Work From Home A Bane Or A Bliss
Work From Home A Bane Or A Bliss

Working from home is the new norm for many organizations. It has changed how the world was previously working.

From large to medium to small organizations, many companies are offering their employees the facility of working from anywhere. According to a report by Prof. Nicholas Bloom of Stanford University in his study at Ctrip found that for WFH employees productivity increased by 13.5% apart from savings in terms of travel costs and workspace costs.

In fact, according to a report by MoveInSync published in Economic Times, ‘An average Indian spends 2 hours on the road which constitutes 7% of their day.’ Indians spend more time in daily office commuting than any other country in the world. The ‘Travel Time Report Q1 2019 vs Q1 2018’ report is based on the data collated from the rides on the MoveInSync platform across Bengaluru, Hyderabad, Chennai, Pune, Mumbai, and Delhi-NCR.

However, many employees also experience high levels of stress and work as working from home has diminished the line between working hours and personal space. Women especially are bearing the brunt of work-from-home as they are struggling to strike a perfect balance between work and home. Many employees also feel isolated and disconnected from their work. They withdraw from the team dynamic and suffer from stress and anxiety. That’s why it is vital to maintain contact with your co-workers and to cultivate a sense of belonging.

Employees feel that they have to be available 24/7 for work and feel mentally spent at the end of the day. There are issues concerning the lack of factors like recognition at work, absence of people who care and share, evaluation of progress, decreased employee engagement, and in turn, employee performance.

So what can you do to make your work-from-home more productive?

Here are 5 steps you can take to make your work-from-home experience productive:

1. Set Boundaries

Make sure any roommates, family members, and dogs (well, maybe not dogs) respect your space during work hours. Just because you’re working from home doesn’t mean you’re home. If you share space with another work-from-home adult, you may have to lay ground rules about meeting times, shared desks and chairs, and quiet times.

2. Take Breaks

At the workplace, we tend to take frequent breaks and have people around us. We can communicate with our teammates, and get to interact with people. But when we are at home we feel guilty about taking breaks. So, don’t let the feeling of guilt take you over. However, rather than just opening YouTube and watching some random videos, go out for a walk, enjoy the fresh air, or spend some time with family members.

3. Prepare Meals the Night Before

Preparing your food a night before ensures that you can use your meal times to eat and that you aren’t performing non-work tasks that spend energy better used at your desk.

4. Join a remote-friendly company

If your work can be done remotely, but your current boss or organization doesn’t allow you to work from home, you might need to get a new job. When looking for a work-from-home job, you can use the same methods you used in finding your regular office job. This includes channels like job sites, local job ads, and social media platforms.

5. Start Your Own Business

Another way to enjoy remote working is to start your own business. If you have a business idea you can work on it with the help of a business mentor and turn it into a successful venture. There are many businesses like candle making, tiffin service, and online businesses that you can start with minimum or zero investment.

Working from home is a boon for many. But it is also a fact that for many it is a cause of anxiety and stress. However, we have shared a few amazing tips that can help you use work-from-home to increase productivity.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more about our courses, visit: www.badabusiness.com

Categories
Startup

These 5 Fundamentals Of Business Will Help Your Startup Grow!

These 5 Fundamentals Of Business Will Help Your Startup Grow!
These 5 Fundamentals Of Business Will Help Your Startup Grow!

Doing multiple things at the same time and without having a solid business background, being in charge of a lot of things can feel overwhelming. Understanding how to read a balance sheet and a financial statement is just as vital as it is to understand how to make, launch and market the product or offer A-class customer service.

While many entrepreneurs and small business owners hire a business coach, others try to figure out the market trends on their own.

No matter what the nature of the business is, there are fundamentals that every entrepreneur must be aware of to keep their business thriving. Here are five fundamentals that you must know to grow your business startup:

1. Avoid Rushing

While business expansion is on every entrepreneur`s mind, growth and scalability are the product of consistency, persistence, effort, and hard work. However, doing multiple things in a bid to attain instant results can result in a disaster. If your business is in the early stages then do not try to market your product or service to everyone. Target a small niche of consumers first, and then focus on reaching out to a wider audience. Here is a very informative video that will tell you how you can scale up your business. Watch it here:

2. The Regulatory & Legal Framework

Every country has some laws and every business requires certain financial, economic, and legal frameworks in India. Adhering to all the regulatory and legal requirements is required to smooth the working of your business. Some of the legal aspects that your business must include are business structure (corporation, partnership, and sole proprietorship), business name (copyright issues), tax IDs, and permits & licenses.

Understanding the legalities also means managing your rights and maintaining the right to do business. Also, insurance is crucial to any business as the future is uncertain. Having insurance is essential to growing a business at any stage of development.

3. Cash Flow

Understanding the concept of cash flow projection is a vital step because budgeting is the first step that will take you on a successful entrepreneurial journey.  You must be well acquainted with information like how much money your startup can expect to earn. How much profit will be generated, and how much funds will be required to continue day-to-day operations? Set realistic goals and take a cold, hard, fact-based look at what you can reasonably expect in the future from your business.

Have a basic understanding of financing and fundraising options that include angel investors, venture capital, self-funding, crowdfunding, loans, grants, and more.

4. Forge Collaboration & Networking

Networking is one of the most crucial factors that can help a business to grow immensely. Topping the list, every entrepreneur must focus on building an online and offline network. Building an online network with some of the most important key influencers is a really powerful thing to do. This can lead to people sharing your brand with others.

If you don’t have a large circle, go out and meet new people to build meaningful connections. Create a profile on social media and be socially active with influential people. Follow their blogs, and leave comments on their social network profiles.

Engaging with influential people on social media can bring you to their notice. If you work with a business mentor he can also help you build strong connections through his network.

5. Marketing Strategies

Having deep marketing knowledge is a must-know thing for every entrepreneur. Marketing is essential for the growth and profit of any business.

For instance, you have created an amazing product. It can change the lives of your customers, but your customers are not aware that your product exists in the market. Would it be beneficial for your business or your customer? Not exactly! Hence, you will have to invest a considerable amount of time into marketing.

Also, people do not like to make purchasing decisions impulsively. They need to be persuaded, coaxed, and reassured. That’s what a good marketing strategy does. You will need to understand your customers and their buying behavior to sell your product or services in the market.

Entrepreneurs must keep these fundamentals in their mind that will help them to scale up their startup business. Put these to use and with your determination and perseverance, you will see some excellent results.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more, visit: www.badabusiness.com

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Categories
Process & Business Expansion

5 Amazing Tips For Entrepreneurs To Be More Productive!

5 Amazing Tips For Entrepreneurs To Be More Productive!
5 Amazing Tips For Entrepreneurs To Be More Productive!

Productivity is crucial for the success of any business! And from entrepreneurs to wantrepreneurs, solopreneurs to business owners, productivity is of utmost importance.

There are multiple times when people are busier than productive. And, it is essential to understand the difference between the two. And, if you are not making constant efforts to improve your productivity, it’s only a matter of time before all your business goals and aims will come crashing down. A great business mentor too can help you increase your productivity.

You can complete all your major tasks in less time if you maximize your efforts and minimize distractions. Here are 5 brilliant tips that will improve your productivity rapidly, as a busy entrepreneur:

1. Be More Accountable

Public accountability is something that can truly motivate us. Make a to-do list and set short-term goals, even if it means finishing your pending tasks for the day/week. Share your tasks and goals with a coworker, friend, or with your team. Working with a business coach will also help you to improve. Knowing that you will have to report back and be answerable for not meeting these goals will keep you motivated to perform better to see them through.

2. Find Out When You Are More Productive

Do you struggle with focusing on prioritizing tasks? Do you often fail to manage your time? If you found yourself nodding your head while reading the above two questions, then Time Block could be the solution.

A time block is nothing but small parts of your scheduled time throughout your day. You can decide the tasks you would like to complete according to their priority. Focus on a single task and ignore everything else. Focusing on a single task at a given point in time helps you to concentrate and perform better. It also ensures that you tick off all the important tasks for the day.

3. Eliminate Distractions

Easier said than done, we know, but try to reduce unnecessary distractions throughout the day that we perform unconsciously. You can also write ‘Day in your life off, which is a wonderful way to take note of where you are spending your maximum time.

All you have to do is write about your assigned task and your daily routine which you follow. This will give you an idea of where your maximum amount of time is getting spent. For instance, you can reduce social media browsing, or spend too much time on your phone.

4. Focus On One Task

We know that in today’s busy world, most people will suggest you handle multiple tasks in one go. However, what most people forget to mention is that it reduces efficiency & productivity. When you are being pulled in hundred different directions daily, it is really hard to give your best and deliver quality results. Jobs are often left open and incomplete, or they are full of human errors due to simple oversight.

This is why staying focused on one task until its completion ensures that it has 100% concentration and is done to the fullest potential.

5. Take As Many Tasks As You Can Handle

When you segregate your daily tasks and schedules, it is time to prioritize them wholeheartedly. Allocate your time to the most worthwhile tasks, which will help you to achieve your goals. This also means saying ‘No’ to new projects, new assignments, new clients, and new responsibilities.

Saying NO to non-essential tasks will help you to finalize the list and helps you to stay adhered to your to-do list.

Staying busy and occupied all the time can stifle your mind and block your creative juices from flowing.  Take time to distress your mind regularly as it will impact your effectiveness. And your mind and business will thank you.

Want to know how to deal with business challenges that come unannounced? The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more, visit: www.badabusiness.com

Categories
Motivational

3 Consumer Trends In 2023 Entrepreneurs Should Watch Out For!

3 Consumer Trends In 2023 Entrepreneurs Should Watch Out For!
3 Consumer Trends In 2023 Entrepreneurs Should Watch Out For!

Do you understand your customers? What their fears might be or the value they possess? Understanding your customers is a very important aspect of any business. Knowing about the challenges they are facing and what they expect from businesses can contribute to a business’s success. These factors affect how they interact with your company.

Here are three consumer trends you should watch out for in 2023:

1. Trust-Based Economy

Be it a personal or a professional relationship; trust is a significant part of anything that forms a strong foundation. Unfortunately, it has become a commodity in these modern times. But the brighter side is that it has not lost its value. Rather it has gained a lot of value for businesses like Uber, Ola, Airbnb, and a lot more companies that completely depend on customers’ trust.

As we get into cars with strangers, sleep in the homes of people we’ve never met, and lend money to others on the other side of the world, a powerful new currency is emerging — and it’s based on trust.

Customers are more likely to engage with companies that actively demonstrate good values and prioritize health and safety. This trend is a welcoming change and has brought a sense of inclusivity by sparking new thinking and patterns where the customer is no more just a prospect, but a human too! Businesses that will focus more on customer satisfaction will be rewarded with huge profits. You can hire a business coach who can help you overcome these aspects.

2. Brand Loyalty

Thanks to digitalization, the world is now an open playground for businesses where those who not just abide by the rules, but keep on making improvements, win the loyalty of the customers. While this is great news for the customers, it also means that developing brand loyalty is crucial more than ever.

However, customer relationships can be affected by unexpected factors. Here are some of the following:

  • 70% want to know you treat employees well.
  • 61% are looking at how you respond to racial injustice.
  • 50% will be scrutinizing your environmental practices.
  • 47% consider action on economic injustice important.
  • 41% rate you on how involved you are in the community.

One of the obvious ways of building brand loyalty is to deliver on everything you have promised and deliver that to the highest standard. Never let your customers down. The services and products you provide also need to be of the highest quality. Maintaining this quality in everything you do so that the value you offer is never questioned. You can learn about distinct ways by taking help from a business mentor.

Another thing is to never forget about your customers; also never let them forget about you. Regularly conversing with them will strengthen the bond between you and your organization, and your client and their organization. Share the latest developments in your organization with your clients and ask them about theirs. You can also build loyalty by focusing your organization’s combined efforts on customer experience and service.

3. A Pleasant Omni-channel Experience

Your customer should be able to interact with your business across multiple channels as part of one seamless customer journey. Marketing, sales, customer support, and even in-store experiences are synced up so a customer can easily go from one customer channel to another to complete their purchase.

Customers want to experience a consistent voice across departments. Many believe that it doesn’t feel like service, sales, and marketing teams share true information for a seamless experience.

The most important thing to remember about creating an Omni-channel customer experience is that it needs to deliver what your customer wants, when they want it, and how they want it. Make sure you’re rewarding your customers with a great, joined-up experience in exchange for their data.

The future is the sky’s limit for businesses. So, do deep research to understand and give your customers nothing but the best experience. The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more, visit: www.badabusiness.com

Categories
Motivational

8 Powerful Yet Hard Truths That Will Change Your Life!

8 Powerful Yet Hard Truths That Will Change Your Life!
8 Powerful Yet Hard Truths That Will Change Your Life!

“Life is what you make of it”- we must have come across this adage millions of times, however, only a few of us must have understood the true meaning behind these golden words. Whether you are looking to achieve your professional goals or personal goals, understanding the mysticism of the universe and how it works can surely help you to become successful.

Many entrepreneurs want to turn their startup business into a large venture. But due to a lack of guidance and the inability to have the right mindset they seldom succeed in taking their business to the next level. While there are many business motivational speakers in India, very few small business owners and entrepreneurs think about consulting them. However, working with a business coach can yield fruitful results in the long term.

A good business mentor will not only guide you with their years of expertise that they have experienced first-hand but can also help you to navigate the uncertainties of the business world. Many people often give up easily as soon as the situations begin to go haywire. But only with consistency and determination, you can fulfill your dreams.

On World Mental Health Day, let us give you eight golden truths that might shake you, or might hit you differently, but will bring you closer to the reality of life.

1. Consistency = Success

If you type the word ‘Success’ on Google, you will come across thousands of articles talking about tips and tricks and smart hacks to become successful in your life. From making small changes in your routines to big changes in your lifestyle, you will come across various tips claiming to produce guaranteed results.

But truth to be told, success is 5% brains and 95% consistency! Often people try to achieve something but give up soon. Others do not even attempt to achieve because they think they are not equipped with the required skills or knowledge. However, it is the consistent efforts and determination of a person that helps him win the race. You can watch some of the most amazing videos by Dr. Vivek Bindra- the best motivational speaker on how to create and set your goals.

2. Energy Flows Where the Focus Goes

Your energy and focus can make anything possible. And hence, you must focus your attention and channel your energy in the right place. Finding multiple time management tips will not help unless you figure out what are the activities that are taking up most of your time.

Most often people waste a lot of their energy on overthinking and meaningless relationships which are not at all constructive. Another thing on which the majority of people waste their energy and time is social media platforms. Although social media platforms also have lots of benefits, very few take advantage of it. So, before you start trying to find out excellent time management tips to increase your productivity, try to stop your time and energy from leaking from these three cracks.

3. Lack of Self-Awareness is the Most Dangerous Flaw

To evolve and grow in life, it is very essential to be self-aware. When you know what your strengths and weaknesses are; only then you can try to be a better version of yourself. However, one of the most dangerous flaws is the lack of self-awareness. If someone can’t tell you what their flaws are, they can never outgrow them.

4. Invest Your Money Before Spending it

In today’s world, people try to impress the people they don’t like by purchasing the things that they don’t need by spending money they don’t even have. The irony of this situation is that many people die while paying their debts and installments.

Hence, it is very important to have your finances in place. If you spend more than you earn to buy the things that you don’t even need, you will end up struggling for money. Always invest your money in buying assets or investment plans that generate income.

5. Actions Speak Louder Than Words

People often boast about the kind of person they are or about their character. But actions speak louder than words. A person’s ability to resist material things speaks volumes about their character rather than their ability to obtain them. The things that you possess say a lot about the kind of person you are in real life.

Many entrepreneurs often use their profits in buying expensive cars and other luxurious things instead of investing in their business growth. This can stall the progress of their business and might result in limited business operations.

6. Know When to End Partnerships & Relationships

Sometimes the things that we tend to hold for a long time are the things that stop our growth- professionally and personally. Many times entrepreneurs carry the baggage of partnerships with investors and clients just because they have been friends for a long time.

However, know that it is not the duration of a relationship or a partnership that matters, but the quality of it. How much value is it bringing to the table? Is it helping you to keep your mental peace or you are struggling hard to keep it going? Analyze it closely and know when to forge new partnerships and when to end them.

7. People Pleasing Can Cost Your Self-Worth

Whether you are an entrepreneur or an employee working in the corporate world, networking can help you to grow and find new opportunities. However, people have built a culture of appeasing peers and seniors for professional gains and opportunities. But can we blame them entirely? Not really!

The culture of ego-massaging and people-pleasing has been encouraged from top to bottom. And people who have this skill ensure a comfortable professional journey in their organization. However, it may help you to achieve short-term goals. But in the long run, it will cost you your self-respect. You will never be able to respect yourself because you will become like a slave to external validation and people-pleasing just for a momentary gain.

8. You Are Where You Were Meant to Be

The world went digital for the convenience of human lives. Unfortunately, it has also caused a lot of mental health problems associated with too much consumption of information, negative feedback, criticism, and addiction to things that are filled with hatred and self-doubt.

Beautiful pictures on Instagram and Facebook make others believe that they are leading a life that is far from picture-perfect. This fills them with disappointment, self-criticism, envy, and dissatisfaction with their own lives.

But it is very important to know that you are exactly where you are meant to be. There will always be someone better, smarter, prettier, and more successful than you. But that does not diminish the struggles you have faced and the things you have achieved in your life. If you keep thinking that your happiness lies in a particular place, or you will attain happiness after achieving a particular milestone, you will never find happiness.

Stay happy and confident with whatever you have and wherever you are currently and keep aiming for more. The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more, visit: www.badabusiness.com

Categories
Startup

How To Hire For Startup Business: The First 5 People You Should Hire!

How To Hire For Startup Business
How To Hire For Startup Business

Summary: To turn your small business into a large enterprise, you will need more people. Here are commonly suggested first hires for your business.

You created a product or a service. You started your business. You got your first 100 customers and your business started making a little money. Now it’s time to hire the right people to take your business to the next level. Most often entrepreneurs find themselves confused when it comes to deciding who those people should be. While some people take the right step and consult a business coach, others decide to figure it all out by themselves which often leads to a waste of time and money.

The people you hire today will benefit your business tomorrow. Though hiring people should depend on your business needs, any employee that you will hire needs to have a set of few qualities- flexibility, passion, and integrity. Hire people who have diverse experience and are capable of hand responsibilities until you expand further.

So, starting from the top, here are five roles you should fill immediately:

1. Chief Executive Officer (CEO) & Chief Operations Officer (COO)

CEO and COO are two of the most essential players who can provide a new direction to your startup. Where CEO is typically the brain of the company, and the COO is the heart of the company. The CEO controls the company’s direction, culture, and vision, whereas the COO focuses on the day-to-day operations that keep your business running.

Though the founders of the company assume these two operations, you can also hire externally for these positions. If you and your co-founder(s) already plan to take on these titles and responsibilities, hire the following seven positions next.

2. Product Manager

When it comes to products, a product manager will be your go-to person. From developing a product strategy to vision and development, he will work closely with the engineering and marketing teams to create and market your products. Hiring a person who can dedicatedly work towards building a great product or a service will allow you to start working on the business rather than in the business.

3. Chief Technology Officer (CTO) & VP

It is very important to stay updated and upgraded with the latest technological development in the world. Hence, a team member who specializes in technology and development is crucial to your business’s success. Though you can hire a freelance front-end and back-end engineer, it is useful to have someone on the team who can take charge of this sector.

Having someone with the skills to decide what will work best for your business, as well as managing the integration and management of various systems is the key. You can also hire a business mentor to gain a different perspective and professional expertise.

4. Chief Marketing Officer (CMO)

A crucial aspect of every business revolves around its customers. How customers view your product or service will decide whether they would like to invest their money in it. A Chief Marketing Officer will focus on your customers and build a brand image to promote your product in the market. Hiring an expert with excellent marketing and promotional skills is essential to ensure that your business reaches a wide audience.

5. Sales Manager

No business can thrive without sales and revenue. A sales manager will focus on generating new leads and bringing in money for your company. A startup or small business that masters sales first survives for a longer period. This is probably the hardest position to fill in, but it is worth the time and effort. Hire an amazing sales manager and then use the money they bring in to scale your business.

It’s smart to hire from the top and then expand your team as per your business requirement. Keep your company culture in mind when you are hiring for startup roles. Without filling these positions your company will lack direction and strong leadership.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

To know more about our courses, visit: www.badabusiness.com

Categories
Motivational

Meet 3 Successful Indian Entrepreneurs Who Followed Their Hearts & Succeeded!

Meet 3 Successful Indian Entrepreneurs Who Followed Their Hearts & Succeeded!
Meet 3 Successful Indian Entrepreneurs Who Followed Their Hearts & Succeeded!

Summary: A goal without a plan is just a wish! Meet three entrepreneurs from India who achieved their goals with a plan and succeeded.

Many people wish to achieve great heights of success but lack a plan of action. The truth is that a goal without a plan is just a wish and wishes seldom come true. One has to work hard to achieve what one truly desires. Thousands of people want to become entrepreneurs. But only a few succeed in becoming one. A true entrepreneur is a doer, not just a dreamer.

An entrepreneur is someone who constantly tries to create opportunities that may not have existed in the first place. They build everything from scratch and today we see them living the life they have always dreamed about in their respective arena. They do not shy away from accepting their mistakes and learning from them and openly hire a business coach to guide them when they seek help.

Today, we are going to talk about three entrepreneurs who with their sheer hard work and determination have established themselves as reputed business personalities:

1. Puneet Gupta- Astrotalk

Puneet Gupta is the founder and CEO of one of the most trusted Astrological predictions apps- Astrotalk. Thanks to his unique business model, now people can connect with verified astrologers on this app. This platform offers free consultation services to first-time users and lists some of the best astrologers who provide consultation services over chat and audio calls.

Hailing from Delhi, Puneet’s Astrotalk was launched as a result of an astrological prediction. After completing his engineering, Puneet like most young graduates was clueless about his career goals. In 2015, Puneet was working as an IT engineer in Mumbai but wanted to quit his job. However, he wasn’t ready to take the risks. It was then that one of his friends helped him with an astrology prediction. He was guided by an astrologer to build a successful business. He laughed it off at that time, but today his startup Astrotalk is planning to expand its operations.

Puneet believes in following the business mantra ‘Talk to Your Customers’ which proved to be the reason behind his big success and made him a millionaire at such a young age.

2. Mukka Obul Reddy- Honeyy Group

From working as a door-to-door salesperson to establishing his dream organization, Mr. Reddy has proved that determination and hard work pay off. The Chairman and Managing Director of a real estate and construction company- Honeyy Group, Mr. Mukka Obul are not only known to be a visionary, but also a humble person. He provides free education and healthcare benefits to ensure complete support to his employees and their families.

Honeyy Group currently has more than five hundred employees and manages more than 100 projects under its umbrella. The company follows the policy of making housing affordable for the common man while keeping up with the latest trends and technology in the market.

3. Anirban Bhattacharya- The Rank Company

A graduate of Calcutta University in English Language and Literature, Anirban after completing his MBA worked as an internet market associate. Later, he also worked as a digital marketing and freelance content writer. Anirban who was always keen to explore the rewarding field of entrepreneurship worked as the Operations Manager at Google Spider.

Anirban with more than ten years of experience in the marketing and advertising industry started The Rank Company. His firm offers a one-stop solution for the digital marketing requirements of every business. His firm offers job opportunities exclusively to people who were laid off during the pandemic.

Today, he has a team of more than two hundred content writers and SEO specialists along with fifteen on-roll employees, who lost their jobs during the pandemic. Anirban’s company offers its services to more than ninety start-up businesses and provides a working environment full of opportunities for the young guns of India.

If you have a dream of starting your venture, do not wait anymore. Start working on your idea and come out with an action plan. If you need guidance, you can also hire a business mentor for support. The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with foundation courses, specialized courses, and value-added courses.

To know more about our courses, visit: www.badabusiness.com

Categories
Motivational

9 Reasons Why You Should Become An Entrepreneur!

9 Reasons Why You Should Become An Entrepreneur!
9 Reasons Why You Should Become An Entrepreneur!

For some people, entrepreneurship is the way of life. To create something new that will add value to thousands of lives is exciting. While some of us feel happy with our 9 to 5 desk jobs, others may be having other goals.

Every entrepreneur has a different story to tell. What inspired them to establish their start-up business and what encouraged them to quit their decent-paying jobs to take the entrepreneurial leap? Everyone will tell you a unique story. Some have known from the start that they wanted to work for themselves while others come up with ideas while working for someone else and decide to take the entrepreneurial leap.

However, there is one thing on which most entrepreneurs will agree is that being an entrepreneur is great! Why? Well, every entrepreneur will have his or her reason; however, here are nine top reasons why being an entrepreneur rock:

1. You will sit behind the wheel!

And by that, we simply mean that you will be in control of your destiny. You will call the shots and do the decision-making that will impact your business directly. You can hire a business coach to help you stay on the right track.

2. Turn your Dreams into Reality

Look around and you will find innovative ideas and solutions to your daily problems that you never thought existed. This is the power of being an entrepreneur. Entrepreneurs not just become their own bosses, but also hold the power to turn their dreams into realities.

3. You can make a difference in other`s lives

Do you want to offer a service to people that have the potential to leave a positive impact on their lives? If yes, you can turn those ideas into a reality and can add value to customers’ lives.

4. Flexible Hours

This may appear simple, but this one factor is the most appealing one. When you work for yourself, you don’t have to rush to reach on time. You don’t have to ask your boss for an extra 10-minutes longer at lunch. You are independent to choose your work timings and don’t have to be answerable as well. This gives you more time to spend with your family too.

5. Work Remotely

Thanks to technological advancement, most people are working remotely. By becoming an entrepreneur you can fulfill your traveling dreams and get to work remotely at the same time. Being able to explore the world, while building a great company is an amazing feeling! You can take guidance from a business mentor and learn how to manage your business efficiently remotely.

6. Freedom to Pursue Things That You Love

While being an entrepreneur means handling more responsibilities while working for your dreams. It also means that you can pursue whatever you love whether it is traveling or pursuing a professional dance course. Thanks to advanced technology, the internet allows you to do the things you love while still running your business.

7. Feeling Appreciated

Being your own boss simply means that you can implement any creative idea without having to wait for someone’s approval sitting in a higher position. If you believe that your idea can benefit your business and add value to your customer’s lives, you can simply analyze, plan, and execute it.

8. Become healthier

A flexible schedule allows you to create a fitness routine and stick to it. Hit the gym early in the morning, at lunch, or in the evening — whatever works for you.

9. An Opportunity to Give Back to the Society

Being a business owner surely gives you responsibilities, but it also allows you to give back to society. Being able to make a difference in your community is a great feeling.

Still, having second thoughts about becoming an entrepreneur? With our ‘Problem Solving course’, you can gain in-depth knowledge about how to start a startup business. To know more about this course, click here: https://www.badabusiness.com/psc

Categories
Motivational

Want to Create a Successful Brand? These 5 Simple Steps Will Guide You!

Create a Successful Brand in Just 5 Steps!
Create a Successful Brand in Just 5 Steps!

Summary: Evaluating, developing, and documenting your brand’s position and purpose is crucial to building a strong and successful brand.

Launching a new business is both challenging and exciting. The promise of something new that could be wildly successful, be it your well-established company or a new venture, the real challenge comes in getting it right the first time.

Many startup owners often take help from business coaches, who with their years of experience guide them how to navigate through rough waters of the business world. Getting your branding right, from the beginning is very important because, in the long run, it will typically cost you far more to rebrand it in the future.

To help you move in the right direction with your branding, here are some of the elements that many successful brands include in their branding process. These are actionable points you should consider and evaluate before you launch your new brand — product or service — into the market.

1. Do Your Research

Successful branding is the byproduct of deep and thorough research. Developing a strong foundation for your brand is important to the planning and execution of your successful brand strategy. There are some questions that you need to ask yourself:

  •       What are the needs or problems of your customers?
  •       How does your brand fulfill those needs or solve those problems?
  •       What values and qualities are important to your brand and your primary customer?
  •       What type of experience do you want to be associated with your brand?
  •       How will your brand enhance your primary customer’s life
  •       Does it make their lives easier?
  •       How will your brand make your customers feel? What do you want them to feel?

You must understand your product to establish a strong brand identity for your company. Otherwise, you won’t be able to engage with the consumer.

2. Define Your Brand Vision

How do you want your brand to be perceived? To be successful you’ll need to develop a clear mental image of what your brand is all about — its vision — together with its persona or character attributes before your launch. You must have this concept clear in your mind to establish your brand’s distinctive characteristics. This will help you launch your brand with a consistent brand platform that captures the right audience.

You can hire the best business coach in India who can help you to set a particular tone for your brand by touching all your brand touch points or channels and brand collateral.

3. Build a Connection With Your Consumer

How does your brand contribute and add value to your customers’ lives? From your logo and strapline to your design and color scheme, everything contributes to conjuring up an emotion that resonates with your target audience. Your brand should create an experience that enriches your target customer.

4. Know More About Your Target Customer

It is impossible to establish your brand identity without knowing your target audience. If you want to make your brand compelling you have to know what matters to your customers and the only way to establish that is to conduct research. Include distinct factors such as demographics- the age group(s), gender(s), socioeconomics, geographic locations, what they have in common, what motivates them, and so forth if preferences are not strictly age-related and other relevant categorical factors that help define your ideal customer. You can also create a buyer’s persona with the help of a business mentor by carrying out deep marketing research.

5. Be Consistent While Creating Brand Awareness

To gain the trust of your customers, it is important to keep your brand values consistent. Stay updated with the changing trends which are essential to thrive in the constantly evolving market. This begins with the simple task of obtaining and registering your domain/profile name on new digital platforms and social media channels.

When it comes to brand awareness, it starts at home. The image of your brand depends on both external and internal communications. You can consider how your staff or colleagues can act as your brand ambassadors to help your business establish itself as a brand.

When creating a brand, it is essential to think about every aspect related to your brand. You not only have to think about the logo, but also about the support system, strong message, and all of the necessary legalities, like getting trademarked, in place. You can take our online business coaching program for the rest of the things.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more, visit www.badabusiness.com

Categories
Motivational

13 Powerful Quotes By Anand Mahindra To Recharge your Dreams

13 Powerful Quotes By Anand Mahindra To Recharge your Dreams
13 Powerful Quotes By Anand Mahindra To Recharge your Dreams

Summary: Anand Mahindra is ranked among the top 30 CEOs on social media. Apart from being a powerful leader he is also popular for voicing his opinions on various matters in the country and across the globe.

They say ‘a happy person makes a great leader’. Anand Mahindra, who is a Mumbai-based multinational conglomerate with revenue of more than $21 billion and the chairman of the Mahindra Group is standing true to his name.

Born on May 1, 1955, Anand Mahindra’s net worth is 210 crores USD. Bestowed with the Padma Bhushan Award, India’s third highest civilian award, Anand Mahindra was also included among the ‘World’s 50 Greatest Leaders’ by Fortune magazine and was featured in its 2011 listing of Asia’s 25 most powerful businesspersons.

While Anand Mahindra has been investing in Indian startups some of which include digital news website SheThePeople, social media platform LocalCircles, food tech startup DishCo, education company Naandi Education Support & Training (NEST), he has also established an NGO- Nanhi Kali that supports education for underprivileged girls in India.

An alumnus of Harvard University and Harvard Business School, he is known for his witty tweets that acknowledge and address various ongoing issues across the globe.

An amazing business mentor that he is, he has proved he is a powerful leader every now and then. We are listing some of the most inspiring quotes by the man who believes in thinking big while carrying empathy and compassion in his heart:

1.  “Leaders don’t look behind or to the side. Instead, they look ahead.”

2. “You have to treat every day as a new challenge, and you have to remain paranoid, as they say.”

3. “When you set the right targets, aspirations, and you work efficiently and diligently, the numbers happen.”

4. “Whether in services or in manufacturing, the trick is to stay ahead of the curve. I believe we should not wait to be disrupted — we should become disruptors ourselves.”

5. “Anyone who makes time frames beyond tomorrow probably isn’t pushing himself hard enough.”

6. “Nobody understands how the world will change. The only way you can plan for the future is to have scenarios. You have to have the courage to take a leap of faith on one of them.”

7. “The more you drive positive change, the more enhanced your business model.”

8. “Sustainability has to be a way of life to be a way of business.”

9. “Life has an interesting way of teaching even the most powerful people that joy from wealth is fleeting at best.”

10. “There is a degree of freedom that creates aspirations.”

11. “Brevity speaks. It forces you to convey complex thoughts.”

12. “Sometimes the only kind of innovation comes when you have some solitude; when you step away.”

13. “Benchmarking is an ongoing exercise in any company that aspires for leadership.”

We hope these wonderful quotes packed with motivation, wisdom and intelligence will inspire you to dream bigger and follow your passion without a doubt in your mind.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more, visit: https://www.badabusiness.com/BCP-Event/?pp_code=BHBB000078&ref_code=SM