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Personality Development Checklist

Personality Development Checklist
To me personality development is “objectifying your existence through constant self analysis, find the strong points that lead to growth and cater to weak points to better oneself.” You may be an introvert or extrovert, but that's what defines you. Personality may differ from individual to individual- but that’s the beauty of it. An introvert can be stable and grounded while an extrovert can be insecure and weak. This goes to say that you can’t entitle a person based on their personality type as each individual has few characteristics dominant in them and few characteristics subtle. The manifestation of characteristics is attributed to the environment in which the individual is exposed to and nurtured in and ofcourse some are inherited. The thing which many are not aware of is that “you can introspect yourself to find what kind of a person you are.” This will help you in the betterment of yourself and see you through both in your personal life and career. Read this wonderful article that lists down the 10 great characteristics of introverts which they may not even be aware of.10 Quality Traits All Introverts Have, Even If They Don’t Know It Personality Types Study finds 4 main personality types — which one are you? Read this article that clearly defines the five personality traits that people fall into and the unique characteristics that define the type. Discover your personality type. Take the Myers-Briggs test. Personality Development is not Leadership Most people relate personality development to leadership. It is not so. Don’t define yourself based on  what others think about you or the feedback you get from them. Self Discovery Self discovery is the most important part in this whole journey. Your flaws may not be flaws after all and your so-called strengths might be weighing you down. There are lot of personality tests available that are introspective in nature and have ratings based on your answers. Personality Tests Personality tests work well as a starting point for self-discovery by providing results you might not have concluded on your own. Here are a few things that will help you to make your day! Use the mornings to focus on yourself and plan activities that will make you productive as well  happy Start your day… wait, wait- no whatsapp, emails or jarring repeat videos pl.  Again,coming back to the point, start your day with simple breathing exercises followed by a ‘five minute meditation’ session. Just concentrate on your breathing pattern and you’ll be amazed to feel the tension melt off from your system making you more buoyant. Go for a good coffee, I have to admit, I like it real strong with half sugar, followed by a nutritious breakfast. Mind you, healthy food is the key for a healthy mind. There, your day has started off well. Follow the 80/20 rule Only 20 percent of what you do everyday produces 80 percent of your results. That’s right, I’m talking about quality time. This is where planning takes a front seat, so as to prioritise the tasks for that day. Eliminate the things that do not matter during the workday – they have a trivial effect on your productivity. Tackle your challenging tasks before lunch You heard it right! The energy you have in the morning time stands unparalleled and you have to channelize this brimming energy to achieve most important tasks for the day. You can go for your payment follow-up, clear pending payments, plan your forecast for the coming week, track the orders  that have lined up… literally anything related to finance. Meetings and correspondence can be dealt with later, in the afternoons. Stop Multi-Tasking Do...
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4 Things You Need to Know Before Starting a Business

4 Things You Need to Know Before Starting a Business
Starting a Business: You’ve probably read countless articles about it and believe you’re finally ready to take that big step. A word of caution though: once you step into the entrepreneurial waters, you’ll quickly realize that nothing has really prepared you for it. There’s so much more to it than just a good idea. It takes a lot of research and planning to prepare for starting a business. In this article, we help you save that precious time by bringing you 4 things you need to know before starting a business. Understand the Laws and Regulations One of the most important things when starting a business is to familiarize yourself with the laws and regulations that affect you. What kind of business permit or license will you have to obtain? What are the legal requirements for starting your business? How much will you need to pay in taxes? Compliance with the law is essential because you don’t want a technicality holding you back once you embark on this journey. There is a lot to consider from filing tax returns and paying your staff to protecting your business with insurance. If you can’t figure out all of these things on your own, seek help from a reputable accounting firm. A professional can guide you through these laws and regulations and help you figure out if you’re ready to start a business. Additionally, a skilled accountant will be a great ally later on in helping you manage your finances and not over-paying on taxes, etc. Is There a Demand for Your Product? Before you spend all your money on developing a product, have you researched the market? Is there a demand for such a product or service? What about the competitors? This might be hard to hear but there is a chance your product isn’t so great or needed so your first step should be to find out whether there is a market for it. Countless new ideas and products are introduced every week, month, year. But how many businesses actually succeed in surviving the first few years? About 80% of businesses survive the first year while only half of all businesses make it to the fifth year. You’ll need all the information you can gather so that you can make small adjustments to your product/service accordingly. Thorough market research will provide answers to the above-mentioned questions and give you an insight into whether it’s worth spending more time on your idea or not. Research your competition carefully. But don’t get discouraged if you discover that there are many other businesses with similar ideas. This doesn’t mean that you can’t be in the same business too. If the market is thriving, surely there is a place for one more great product. Planning Your Business Don’t Spend More Than You Need When starting a new business, most people give up a lot to finance the idea. Many get into debt, spend too much too soon and showcasing poor money management skills. This matter also requires good research. You need to know what to spend on and what can wait until your business grows and brings profit. It may be tempting to get your new office decorated, purchase some new equipment, and software, but don’t rush this. Instead, think about the necessities, what your business needs in the beginning. Make a distinction between what you must have and what would be nice to have. If you hurry up and spend all your startup money on fancy equipment and unnecessary things, you will find yourself in a pickle when a real need emerges and you can’t pay for it. Create a list of the...
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Things to Keep in Mind While Applying for a Business Loan

Things to Keep in Mind While Applying for a Business Loan
Money is essential to run a successful company. Often the capital invested may not be adequate for the company. A corporate loan is the most reliable possible option for a company owner in such situations. We define business loans as the money obtained for business investment. Getting a business loan is a simple process. While it is collectible from all institutions, an owner of the business must apply with a specific provider to obtain a business loan. Loan seekers must also follow the minimum requirements of this particular lender when submitting the form. The loan documents will only be accepted once the application gets organized and completed. A business loan could be a significant income source; however, the variety of loan options to small business people can be challenging to manage. The forms to which small businesses are entitled are SBA loans, traditional bank loans, and digital cash flow loans. Happily, to keep things simple for loan applicants, there has been a range of reasons to check to ensure that the applicant gets the appropriate type of loan. A business loan is hard to obtain with poor credit history. However, it is not impossible to apply for a small business loan with bad credit as many substitute creditors provide financing options for people with poor credit background. In the following write-up, we will give you things to remember when applying for a business loan. DIFFERENT THINGS TO KEEP IN MIND WHILE APPLYING FOR A BUSINESS LOAN The concept of a business loan is appealing; it requires more than you could imagine at first. It is quite crucial to understand your need for cash so that it may appear vividly in the application of a loan. Furthermore, knowing where to spend enhances the capability of how efficiently you spend the acquired amount. TIME OF APPLICATION AND APPROVAL PROCESS Many businesses regard SBA loans as the right choice. Clients who have prior experience of using this loan are entirely satisfied with the terms and conditions implied, i.e., the seamless application process. Having said that, while trying to apply for a business loan, we must understand what is offered out of the procedure. Once you apply, lenders will still need to handle it in its entirety. At least one month will be consumed to prepare for the paperwork. This is the fundamental step if you are thinking about your company’s future. For the moment, you might be very eager to get the money and invest in your estimated plan. But, rushing can cost you your precious opportunity. Calm and composed behavior allows you to see those possible mistakes which you may ignore unintentionally. VALID AMOUNT TO APPLY It is necessary to be optimistic about the amount of cash your company requires if your request is to succeed. Do not expect far too much, and often do not ignore the taxes and fees. In other words, when you want a loan to buy new facilities for your company, see precisely the actual cost of the equipment, sales tax implied, delivery charges, storage, installation, or any necessary permits for its use. Lending institutions choose to cooperate with practical, accountable borrowers who have accurately calculated the amount needed to attain their objectives and expand their business. CONSIDER THE EARLY PAYMENT CHARGES Concerning the subject of expense, advance payments may be a risk for a careless borrower. It may seem like a tempting idea for paying the loan back before time. But there will be charges included while you are doing so. Since the early payment charge is not fixed, it is approximated to be equivalent to one or two month’s interest amount. The earlier you decide to pay back the...
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Taking the Leap from Engineering to Entrepreneurship

Taking the Leap from Engineering to Entrepreneurship
Every engineer who’s invented some new technology or is adept at coming up with innovative solutions believes that the hard part is over and the step to take that solution to market as an entrepreneur should be easy. And many engineers are in for a shock. In reality, that seemingly short step from engineer to entrepreneur means significantly more risk. In fact, a survey conducted by Duke and Harvard of over 500 technology companies found that only 37% of leaders had any background in engineering or computer science. Engineers should definitely think twice before they assume that they have an advantage when it comes to being an entrepreneur, no matter how great the product they’ve come up with is. The good news is that there are many great resources out there to help engineers make the transition to entrepreneurs. Krishna Uppuluuri’s book, ‘Engineer to Entrepreneur: The First Flight’ is a good start. The book identifies the main business perceptions most engineers have, along with providing a workbook approach to provide a quick start on various business lifecycle topics. Here’s what to keep in mind if you are considering making the transition from engineering to entrepreneurship. A Great Product Doesn’t Always Make a Great Entrepreneur: The old adage ‘if we built it, they will come’ tends to be a common misconception amongst engineers who are considering starting their own business to sell a product they developed. In reality, simply building a solution alone won’t magically make it connect with customers, manage the competition, or communicate the offering to the industry. Today, we’re definitely in an era of information overload. Selling and marketing skills are absolutely crucial to ensure your product takes off, no matter how awesome it is. Thinking that your product alone will act as a customer magnet is a dangerous mindset to have. So, before you make the leap from engineer to entrepreneur, it pays to develop some skills that you can use to put your product in front of the market, promote it, and connect with your target audience. How do you do this? Enroll in a relevant training program or degree: Online learning and online degree programs have made it easier than ever for you to gain the relevant skills you need before transitioning to entrepreneurship, without messing up your already busy schedule. If you want to keep things engineering-focussed then you can find degree programs that combine both engineering and management at Kettering University Online. Or you could opt for a learning program from Kettering University Online that walks you through the basics of business and building the skills necessary to become a successful entrepreneur. Network: As an engineer, you’re probably no stranger to networking; it’s just as crucial in this industry as it is in the business world. You probably already network to keep your engineering knowledge current and stay in the loop about new projects or job opportunities. Switch your networking focus to the business world and connect with people who can offer valuable advice and support. Even better if you can find a network of successful engineers turned entrepreneurs who you can learn from. Get a mentor: Business mentoring is a fantastic idea for anybody new to entrepreneurship, whether from an engineering background or not. Choose a mentor who is able to be honest with you and tell you how it is; you’re going to benefit a lot more from that compared to somebody who won’t stop you in your tracks when you’re on the brink of making a huge mistake. Don’t Rely On a Cool or New Idea to Sell Itself: Similar to the above, just because something is cool and...
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8 Habits to Keep Yourself Motivated with A Strategic Online Business

8 Habits to Keep Yourself Motivated with A Strategic Online Business
8 Habits to Keep Yourself Motivated with A Strategic Online Business The online clothing business is growing in its reach for a great many reasons. First of all, individuals are living a busy life, and shopping online saves a significant amount of time. Also, the ecommerce industry is a growing culture, and conventional retail therapy is a dying breed. That is why the clothing brand that you have developed deserves a robust online outlet so that it can get its true admirers on the internet cloud. Here are a few habits that will help you reach success with online business and help you win the online shopping sphere. 1. Online Entrepreneur and the Balance of Success: The Internet is a unique realm where overnight success and endless failure are both equally probable. The main factor that differentiates the successful online entrepreneur from a failed online seller is the fact of tricks up their sleeves. The entrepreneur who has cracked the code to online success will achieve success beyond belief while the one who struggles with grasping the main concepts shall falter. In a word, that trick has to be named as ‘effectiveness’; the reason being that the online strategies that you implement have to be useful for your online plan to be effective. So here are the habits that will increase your effectiveness in creating an online sales and marketing strategy. 2. Improving E-Commerce Experience: Any online marketing and sales venture are only as good as the experience that the customers are getting from the rand. E-commerce like Linen clothing for women sold online is an endless venture where customer complaints, order deliveries, and other issues crop up on an everyday basis. Make sure that you have a smooth and continuous process to ensure that the customer service that you provide is going smoothly. Whether you are managing e-commerce yourself, or have people in place, make a habit of sticking to your customer engagement regularly. Word of Mouth: The online community is the new local community. A right word of mouth and an honest review from the customer is the key to a successful trust-building exercise online. The more satisfied and trusting customers you have, the better your brand will perform. Strong Brand: The brand that has a reliable customer service also has a robust online identity. The customer service representatives also feel energized to work in the brand if they know that they are closely supervised and are held accountable. 3. Know Your Business: Many businesses are launched online without any need for more in-depth knowledge. The reason being that as long as you have a consumer base and the product in hand, all you need is a shipping option, and you are good to go. Your product will take off, and your company is ready to sell its products. But that is no reason not to understand your funnel process thoroughly. Make sure that you know all the minute details of your business and keep in touch with current and upcoming technological and marketing options for your product type. This will allow you to experiment frequently and expand your business when the time is right. Network: We cannot emphasize this point enough; networking in your field is crucial to success in the ventures you are undertaking. There is a great need for ensuring that you have proper connections in your industry because they are continuously needed in business conduction. 4. Business Evaluation Metrics: The metrics that are commonly used in the evaluation of the business are crucial to the success of the market itself. These metrics are scientific methods devised to ensure that the company is objectively...
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