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5 Online Business Ideas for Beginners in 2021 – Business for Beginners

June 9, 2021 by Asif Nazeer Leave a Comment

Featured image by Nathana Rebouças on Unsplash

In the article here, we share some online business ideas for beginners, many of which have low start-up costs. Keep reading to find out more.

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In this pandemic, many people learned how to do their jobs from home. In the process, we dealt with distractions and difficulties that we never had before in a traditional workplace.

This experience may have inspired some of you to be a bit more entrepreneurial. After all, if you’re going to be working from home, your thought, why not be your own boss?

What’s more, with all of our modern technology, this year is a great time to start a business online and start making money from home.

Keep reading to learn about online business ideas for beginners, most of which have low start-up costs.

1. Monetize Your Blog

If you love to write and share your opinions, monetizing a blog might be the perfect way for you to make money from home. However, keep in mind that the key to making money with blogging is to create as much quality content for your site as you can.

Then, once you have built up your backlinks and written guest posts to bring in new readers, you can start monetizing your blog through affiliate marketing and ad space. This is one online business idea that can really grow over time.

As your blog grows, you can hire a company that offers E-commerce Digital Marketing Services to help you improve your SEO and draw in more viewers for your content.

2. Become a Virtual Assistant

Here’s another idea: You can make an online business out of helping other people with their business ideas.

Virtual assistants are in high demand these days. VAs often perform tasks like scheduling and emailing. However, there are many virtual assistants who write copy, create graphics, or do online shopping or styling.

Basically, if you are very organized and you have good people skills, this can be a great job!

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3. Teach Others Online

This online business idea can take a couple of different forms. If you are an experienced teacher or you have a Teaching English to Speakers of Other Languages (TESOL) Certification, you can teach English online on a variety of different websites.

Another option is to sell your expertise.

For example, are you a carpenter? Or have you spent decades designing book covers? Do you love gardening more than anything else in the world?

In short, you can create online courses on just about anything. In the era of social distancing, there is a lot of opportunity for people who want to get involved in online learning.

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4. Get Crafty

When looking at online business ideas for beginners, you might think that you have to have a lot of technical knowledge. However, nothing could be further from the truth. For example, if you like working with your hands and creating new things, you can start a business, even an online business.

Products like t-shirts, jewelry, and candles are popular on online marketplaces like Etsy. These products can often be made at a low cost, too.

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5. Sell Your Art for Commercial Use

If you are a visual artist, musician, or writer, your art can lead you to an online business idea: Your art is your work is your money!

For instance, visual artists can sell their photography to stock photo companies. Additionally, they can sell their graphic designs to businesses that need their work.

Musicians and writers can also sell their art for use in advertisements. Creating a strong social media presence can help drum up business for you and bring attention to your talent.

Start Making Money with These Online Business Ideas for Beginners

These are just five online business ideas for beginners. The truth is that the possibilities are endless. What will your next business be?

Want to learn more? Check out our Online Businesses category for more ideas.

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7 Ways to Empower Your Team to Be More Productive – Productivity

June 8, 2021 by Asif Nazeer Leave a Comment

Featured image by StockSnap

In the modern world, teams are an essential part of any successful business and are the backbone of any organization. If you empower them to be more productive, they will reciprocate that empowerment and go above and beyond what is expected for a job well done.

Unfortunately, many companies struggle to get their employees motivated. In order to be productive, it is vital for individuals to feel appreciated and supported at work. When it comes to empowering teams, there are countless ways in which you can do so.

This article will cover a few ways on how to empower your employees to become more productive and help you achieve the best results possible from them!

1. Create a Safe Workplace

It’s crucial for your employees to feel safe at their workplace. One of the best ways you can do this is by being open and honest about what’s going on in the company.

Communication is key when it comes to creating a safe environment. So, make sure everyone knows how they’re feeling or what changes are coming up that will affect them.

Additionally, you should also get essential business insurance that covers workers’ compensation. This might sound like it would take up too much time or money but taking care of your employees is essential. Workers’ compensation covers your employees’ medical expenses and lost salary if they get hurt while on the job, which can also save you from potential lawsuits.

2. Encourage Creativity

Creativity is the driving force behind innovation and progress. It helps employees think outside of the box to generate ideas for improving processes, products, or services. It also encourages open-mindedness among other team members. This can help develop a productive company culture by increasing understanding amongst differing opinions on a subject.

In order to be the most productive, it is important for employees to feel that they can freely express their creativity. This will not only help them work better and more efficiently but also allow you to experience less frustration from miscommunications or missing tasks.

To encourage innovation at the workplace, you need to make it a priority and have the resources available to do so. This means removing any barriers that may prevent employees from expressing themselves, such as deadlines or insufficient technologies.

3. Provide a Space for Healthy Competition

Employees sometimes need an outlet in which they can be competitive and feel encouraged. Competitive environments, such as office sporting events or competitions for sales leads, will incentivize employees to work harder in order to win the competition.

To provide a healthy space for competition at your workplace, you need to be careful not to focus on bad aspects of competitiveness. Those usually create an aggressive environment rather than a positive one. Healthy competition helps employees blow off steam, increase motivation, and make new connections in their workplace.

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4. Implement a System of Rewards

An incentive is a reward, such as an award or bonus that will encourage employees to maintain their level of productivity and work harder to make the company successful. Additionally, incentives can also help motivate them to improve their performance, thus be more productive.

This can be in-kind rewards (such as gift cards) or cash bonuses, which are given at predetermined intervals. Normally, these are offered annually where performance has been satisfactory. You can also use incentives to reward employees for meeting specific goals to encourage them to continue striving.

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5. Offer Feedback

Feedback is a process of providing information about one’s performance. It’s an assessment, evaluation, or appraisal on how well they are doing their job and whether the company is getting what it needs from that person.

It is important to give feedback in a timely and constructive way. This means that you should be giving employees regular performance reviews, at least annually or quarterly, depending on the nature of their work. You should also provide them with more immediate feedback when necessary (such as during an appraisal).

Feedback should also have specific examples about where the employee went wrong or could do better next time to make sure all feedback is constructive. When you give feedback, it is essential to be open and honest with the employee about your thoughts on their performance.

This means that if they are doing well in certain areas but not others or have good work habits overall but need some improvement in one area, you should let them know to improve upon these aspects of their work.

6. Prioritize Their Needs

It’s important to prioritize the team’s needs because when they are happy. Your organization will thrive as a result. Of course, this doesn’t mean that you should be their friend. However, it does mean being respectful and fair to everyone else in the company.

You should also make sure your teams have a healthy work-life balance. This means having a work schedule that doesn’t make it difficult for them to balance their personal and professional lives.

When your teams feel respected, they’re likely to be more productive. They’ll also want to stick around more, which might mean you’ll have a higher retention rate in your company.

7. Create a Collaborative Environment

Teams should be encouraged to take responsibility and work together. Collaborating as a team can only make you more productive and help your company succeed.

To encourage collaboration, you can first create a workspace that is conducive to creativity. You can do this by giving the team space where they feel comfortable being creative and taking risks. Then, add tables, chairs, and plants to the workspace to create a more creative environment.

Final Thoughts

Team members are more productive when they feel valued and have a sense of purpose. Therefore, companies should take the time to understand what motivates their employees individually and provide them with opportunities for growth and development throughout their careers.

Motivated teams can help your company be more successful, and everyone will benefit from an environment where team members feel valued. No matter what your team is working on, these tips will help you empower them to be more productive.

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What’s the Difference and How to Pick One? – Interviews

June 7, 2021 by Asif Nazeer Leave a Comment

Featured image by Mohamed Hassan

The terms curriculum vitae (CV) and resume are often used interchangeably. So, it’s easy to think that these documents are the same. However, in fact, they’re not.

But, they are quite similar and hard to distinguish unless you know the difference. Knowing the difference is essential because sometimes your entire future career may depend on how accurately you choose the type and format of your job application document. So, let’s dive into the topic. In this article, we’ll explain:

What a CV is.
What a resume is.
How a CV and resume differ.
How to pick which one to use.

When we’re finished, you’ll know everything you need to apply for your dream job and really get noticed.

What Is a CV?

CV stands for “curriculum vitae”, Latin for “course of life”. As the name implies, this is a long document. It’s typically, 2-3 pages long, or even longer. This in-depth document describes a person’s full career course in full detail. It also provides comprehensive information about:

Education
Research
Publications
Grants
Skills

A CV also typically contains a short summary at the top of its first page and is usually accompanied by a cover letter unless required otherwise. It can be quite difficult to write a CV due to its length, level of detail, and strict formatting requirements. So, sometimes it can be best for an applicant to hire a professional writer to handle this daunting task in such a case one can turn to Skillhub.

What Is a Resume?

The word “resume” originates from French (résumé) where it stands for “summary”. This document is a condensed version of a CV. A resume is typically one to two pages long. It only contains the most important and relevant data about the applicant’s work experience, skills, education, training, and accomplishments.

There are a number of popular resume formats, each focusing on either work history, skills, or accomplishments. The most common types are:

Chronological (or reverse chronological). The most widely accepted type focusing on work experience.
Functional. Another popular format used to highlight one’s skills and qualifications over work experience.
Combination. A fine blend of both chronological and functional types. it underscores skills and accomplishments, but gives a full overview of employment history as well.

A resume may seem easier to write than a CV, but this is not always the case due to the multiple ways the information can be structured. If you’re unsure if you can make the most of your skills and experience in one short document, there are resume writing services ready to help.

What’s the Difference?

Length

A CV is much longer than a resume. It’s typically, three or more pages long, whereas a resume is around two pages.

Level of Detail

A CV is more detailed. It should contain full comprehensive information about education, publications, research, and grants, as well as work experience and skills.

Format

Curriculum vitae has strict formatting requirements: information is structured in reverse chronological order only. A resume can be formatted in a variety of ways. It’s possible to highlight the most relevant data to get the recruiter’s attention.

Purpose

There are certain situations where a curriculum vitae is a preferable choice, and sometimes it’s better to choose a resume instead. The choice depends on the job description, location, specific career field, or even specific positions. Read more about that in the next section.

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How to Choose One?

Now that you know the differences between the two documents, it’s time to learn how to choose between them.

The first, and most obvious, factor that influences the choice of the document type you should use is the job description. The exact demands are usually outlined there. Most recruiters specify whether you should send a CV or a resume and if you need a cover letter or not.

However, in some cases, job descriptions don’t help. Then, there are some common guidelines that will help you decide. If the type of document is not specified in the description, you should make your choice depending on the location and the industry, career field, and type of position.

Location

This factor really matters as each country has its preferences. In the US and Canada, a resume is the default format for most industries. While in the UK, Ireland, and most of Europe, recruiters usually ask for a CV. What is tricky is that the European curriculum vitae format is not very different from an American resume.

In Germany, the main job application document is called Lebenslauf (equivalent for curriculum vitae). But, it’s only one of many papers that an applicant in Germany needs to land an interview.

In countries like Australia and New Zealand, the terms are used interchangeably and usually mean a short document equivalent to a resume used in the US.

In Asian countries like India or Bangladesh, the format is different altogether. There, recruiters usually require a paper called “biodata”. This document should contain lots of personal data such as marital status, ethnicity, salary, and more. If you’re applying for a job in Asia, clear out the details about the required application type with human resource managers.

Industry and Position

It’s also crucial to keep in mind the industry and job type when choosing between the two documents. A CV is the default choice in academia, and you’ll definitely need it if you apply for positions like professor, lecturer, researcher, etc. It’s also mandatory for those applying for grants.

As for other industries, a resume (or its equivalent) is usually preferable, unless specified otherwise.

Wrapping Up

Although the terms “CV” and “resume” are often used interchangeably, there are still quite a few differences between them. It’s not always easy to choose one. When you have any doubts, use the article above for reference. Bookmark for instant access!

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5 Useful Hacks for Improving Customer Loyalty – Running Your Business

June 4, 2021 by Asif Nazeer Leave a Comment

Featured image by Richard Duijnstee from Pixabay

It’s far more cost-effective to retain a customer than it is to acquire a new one. And if you want to build a profitable business that withstands the test of time, you must invest in customer loyalty.

The Role of Customer Loyalty

Customer loyalty might seem like a buzzword, but it’s actually an integral component of building a successful business that’s profitable for many years to come.

As Amplitude puts it, “Customer retention, at its core, is a measure of how many customers or users keep coming back to your product over time.”

Research shows that it’s 5 to 25 times more expensive to obtain a new customer than retain an existing one. Likewise, increasing your customer retention rate by just 5 percent can increase profits by 25 to 95 percent.

In other words, customer loyalty isn’t something you stick on the back burner and deal with when you have time. Instead, it’s an investment that must be given prominence in every phase of your marketing, sales, and operations.

You can calculate your customer retention rate (which is the measurable impact of loyalty) using the following formula:

Armed with a clear understanding of your current retention rate, you can develop a proactive strategy that helps you increase this number over the next several months.

5 Hacks for Better Customer Loyalty

There are no shortcuts to improving customer service, but there are plenty of unique strategies you can use to move things in a positive direction. For example, here are a few:

1. Under-Promise and Over-Deliver

The idea of under-promising and over-delivering is applicable in all areas of business. The more you focus on this concept, the more satisfied your customers will be. As a result, they’re apt to remain loyal for longer periods of time.

The key is to not under-promise in such a dramatic way that you hurt your ability to onboard the right customers. (If you undercut yourself, you could actually limit sales.) You want to barely under-promise and then go heavy on the over-delivery aspect of the equation.

2. Show Customers in Social Proof

Your customers are social beings. As much as they may pretend to be independent thinkers, their loyalty to your business is heavily influenced by their peers. If you can shape a positive narrative that their peers are impressed by your products and services, they’re much more likely to stick around.

Social proof can be leveraged in a variety of ways. It’s most commonly utilized in the form of case studies, testimonials, ratings, media mentions, and other endorsements. Casually use these in every marketing resource and customer touchpoint. This includes your website, emails, social media profiles, and packaging.

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3. Reward Customer Loyalty

Customers want to know they’re appreciated. You can show customers you care by rewarding their loyalty. Again, there are plenty of different ways to do this. If you sell a service or subscription, you might grandfather in your pricing so that current customers stay at the same price, even while you increase your rates elsewhere. If you run a retail business, try a loyalty program where customers earn points for every purchase. There’s ample room for creativity!

4. Prioritize Customer Service

Don’t make the mistake of downplaying customer service (like many organizations do). The first sale is typically the least profitable sale for your business. Thus, in order to reach a point where you can recoup value on subsequent sales, you have to provide superior customer service.

The key to good customer service is to act quickly, empathetically, and with an emphasis on convenience. Don’t make people wait and never make them feel like a burden. In other words, build customer loyalty by providing service that makes customers feel appreciated.

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5. Collect Feedback (and Listen)

You need to know how your customers feel at each stage of the customer journey or lifecycle. Because contrary to popular belief, their feelings about your brand are not stagnant. In fact, they face unique challenges and different degrees of friction depending on what stage they’re in.

Collecting feedback is obviously very important for customer loyalty. But it’s equally important that you listen to the feedback and apply it. This is where you show your customers that you value them as individuals.

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Adding It All Up

There’s no better time to address your customer loyalty than today. The sooner you act, the more profitable your business will be. And though it’ll require some effort and upfront cost, you’ll see a sustainable return for years to come. Act fast and take customer loyalty seriously!

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Save Twitter Content on Any Device Using Video Tools – Social Media

May 31, 2021 by Asif Nazeer Leave a Comment

Featured image by OpenClipart-Vectors from Pixabay

Today, Twitter serves as a source of content for many people. Here you can laugh, learn, socialize, promote your business, or simply allow yourself to be inspired by images and videos. Businesspeople, actors, singers, and many other public figures share exciting and useful things. However, it is sometimes difficult to navigate through so much information, and it is simply unrealistic to try to remember all the Twitter content you run across.

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That’s why it’s essential not to lose track of what’s most important to you in this environment. Instead, learn how keep important content in a safe place in your favorite device. Then you can use it as an additional source of motivation and inspiration anytime and anywhere.

Photo content downloading is a simple and straightforward process. However, media content storing is not so straightforward. Moreover, Twitter doesn’t provide a simple way for users to share videos from that platform to another device. All you can do is bookmark videos for later browsing. Then you need to be on Twitter to browse them and of course you have to have an internet connection to do that.

However, there is a way out of this dilemma and that’s what we discuss here. But first, let’s talk about why it’s important to store Twitter content.

Three Reasons to Keep Video Content from Twitter

1. Video content from Twitter can be a continuous source of motivation and inspiration.

It’s easy to create a specific place on your favorite device where you can store your favorite videos. Then you can open it and explore anytime, without having to log in to Twitter.

2. You can add useful content to your meme folder.

Download funny videos to your device and enjoy them later with your friends, even without internet access.

3. You’ll be able to access your Twitter content at all times, from anywhere you happen to be.

Now you won’t have to be bored if you happen to be without the internet. Just download videos so they will be permanently available for your viewing pleasure whenever you like.

A Couple of Caveats

1. Be sure you’re downloading Twitter content safely.

Perhaps you are concerned about downloading media content to another device. That is a reasonable fear, because there are many external apps today that can harm your data and device. But there are safe download options, and we share them with you here.

2. Be certain you’re storing content legally.

If you don’t ignore copyright law and respect the content owner’s rights, then you won’t be doing anything wrong. This is because downloading and using for your own educational, inspirational, and motivational—non-commercial—purposes is perfectly legal.

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Methods for Downloading Twitter Video Content

There are three ways of obtaining Twitter media content safely:

Use web-based platforms like the Twitter video download tool, which don’t need any installation and registration.

Use proven external apps (in case of phones).

Tick videos for later browsing in the Twitter app.

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Online Platforms for Downloading Twitter Content on Any Device

1. Ingramer Twitter Video Saver

This tool is located on Ingramer service. No registration and installation are required. Use it free anytime with any device.

How to use:

Switch to your Twitter page and choose the media content you want.

Right-click on it (or tap and hold) and choose “Copy video address.”

Go to another window with the tool page and insert the address in the input line.

Hit “Search” and wait for a few seconds, then tap “Download.”

Browse the video on the device “Downloads.”

2. Download-Twitter-Videos

This app was developed for online use, so connect to the internet and open the service.

How to use:

Switch to the Twitter account with a browser.

Choose the media content you wish on Twitter and copy the link address by right-clicking on video data. The link is then copied.

Insert the link in the page you just opened.

Pick out your desired quality and enjoy the content on device “Downloads.”

3. SaveTweetVid

This tool works in the same way as the previous ones. Simply connect to the internet and get Twitter content with any device.

How to use:

Switch to the Twitter account on your browser.

Choose the media content and copy the link address by right-clicking on video data.

Paste the link into the saver input line.

Hit “Download.”

Choose the quality and again “Download.”

The media content from Twitter will then be stored in the device “Downloads” folder in mp4 format.

Twitter Video Downloading to Android

Download Twitter Videos

This tool is available on the Play Store. It was developed for videos and for saving GIFs. It is free but has ad insertions. You have an opportunity to share the stored content with friends on other social networks.

How to use:

Install the tool.

Open it and set it up, choosing either “Automatic download” or “Always maximum quality.”

Switch to the Twitter page on your phone.

Choose the media content and hit “Share” at the bottom right, then “Copy link to Tweet.”

Insert the link into an input line of the tool.

The content stores on the tool, but you can also get it on your phone’s library and share it with friends.

Twitter Video Downloading to iPhone

On the one hand, iPhones are the hardest to deal with, as it is challenging to find a tool that will allow you to get content securely. But on the other hand, the risks of messing up your device settings and losing data are minimal. Here is a safe app for downloading Twitter content on an iPhone.

MyMedia

How to use:

Install the tool from the App Store.

Then switch to the Twitter page.

Next choose the media content you want and hit on the up arrow at the bottom right of the video.

Then “Copy link to Tweet.”

Go back to the tool and select “Browser” on the bottom left.

Insert www.TWDown.net in the input line then hit “Go.”

Insert the video link in the input line of the new page and press “Download.”

Choose the quality and then “Download file” to get it on the MyMedia app.

Choose “Media” in the down menu, where the stored video will be displayed.

Save to the gallery or export file if needed.

Now you know the main ways of Twitter video downloading on your device and the tools you can use to retrieve content securely. It is better to use safe platforms that are easy to use and do not ask for extra steps. And if you like using apps on your phone, you now know which ones are better.

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What You Should Know About Crypto Trading Signals – Capital Sources

May 28, 2021 by Asif Nazeer Leave a Comment

Featured image by greenbutterfly

As the crypto industry gradually develops, it is copying trading methods from other financial markets. For example, one of the ways to start trading on a cryptocurrency exchange is to get predictions on the price movement of certain digital instruments. Such forecasts are called crypto trading signals.

Companies that study the markets receive crypto trading signals. They understand the prospects for the development of a particular situation, and they make assessments on the basis of technical analysis or a specific trading strategy. Then they determine where the price of a particular cryptocurrency is most likely to go next.

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These online signal providers send out messages about the most convenient entry points to the market as well as the most profitable exit points. They transmit their messages in real time through open communication channels such as chats, instant messengers, and social networks.

As a rule, with rare exceptions, trading signals are a paid service. However, sometimes you can activate one for a short time while it’s in testing mode. Importantly, signal providers do not undertake any obligations and do not give guarantees of profitable trading.

In this post, we tell you where to find the best-known companies that provide trading signals for cryptocurrencies.

Whaletank Premium Sends out Trading Signals Along with Technical Analysis

If you dig deeply into the different channels, you will see that only some of them send technical analysis with the crypto signals they send out.

Whaletank channel does send out technical analysis with their trading signals on a daily basis. This is the biggest advantage of this platform. Moreover, this point is especially important for people who are new to trading crypto. If you’re just beginning your training and want to become a better trader, it would make sense to get your trading signals from this service, at least at first.

The best crypto signals are published every day, and as a general rule, most services publish new signals every 24 hours. This works well for most traders, as they operate the same way.

If you are interested in learning more, just take a look at their statistics and make your own analysis.

Some well-known market researchers analyzed Whaletank Telegram signals at the beginning of 2021. Remarkably, their win percentage was higher than it was when they relied on 90% of the other channels.

For example, their best bitcoin profit was in the beginning of 2021, when they sold some Enigma (ENG) coins. When they did, they earned more than 35% profit.

Chart Crushers (Bob’s Crypto Trades) Gives Fast Answers to Questions

Bob’s Crypto Trades consists of a few telegram channels about trading. Here you will see a lot of BitMEX, ByBit, and Binance trading signals. Best of all, you’ll get fast answers to your questions, directly from the site owner.

This crew is now in a good spot, since they create content for a number of traders with a variety of interests. If you scroll through, you will find details about these channels and the trader who stands behind it all.

The site’s owner is a guy named Bob. He is well-known for giving out successful crypto trading signals. What’s more, he is kind and attentive to his audience. You can always get in touch with him.

Everyone his team is from Trinidad and Tobago. However, they have no problems communicating in English. So don’t worry about having to use the translator every time you want to ask them a question.

Bob has created a lot of places to discuss crypto signals and the trading potential of altcoins. These various locations are called Bob’s Trollbox, Bob’s Crypto Trades, Bob’s Crypto Trades VIP, Bob’s VIP+, Bob’s Stocks & Forex VIP, and Bob’s Altcoins VIP.

Bob is one of those traders who takes his job very seriously. All day every day, almost around the clock, he posts new crypto signals that prove profitable for his users.

Most channels as big as Bob’s don’t provide the quick turnaround he does. In fact, at most big channels, you have to wait a few days to get an answer about your trading questions. But Bob and his team make it a point to always be online to answer your questions as quickly as possible. They want to make sure you get the most out of their content.

The Chart Kitchen Gave Trading Signals Away for Free at First

When they first started, the Chart Kitchen posted all of their crypto signals for free. However, after a few months, the Chart Kitchen’s crew decided to charge a fee for entry to their channel.

They are a young group, but they have become quite experienced in the crypto field in a short amount of time.

Their leader had a small channel about crypto signals in 2018. However, he started his crypto career almost six years ago. After a few years this became his main source of income, so he devoted all his time to trading cryptocurrencies.

Another person in their group, who, coincidentally, was the site’s first owner and the blog writer for their project, started following the crypto world in 2008. In 2013 he became a trader and began creating his own system.

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Conclusion

If you’re new to trading cryptocurrencies but you want to learn to become a better trader, you can’t go wrong by checking out these online signal providers.

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How to Invest in Digital Assets and Not Fail – Opportunity

May 26, 2021 by Asif Nazeer Leave a Comment

Featured image by TheDigitalArtist from Pixabay

It’s important to invest in digital assets. However, there are many out there to consider. You know you want to be successful, but it takes a lot of effort and research on your part. Let’s find out some of the best tips for not failing when investing in digital assets.

1. Do Your Research

Learning about digital assets is a top principle here because everything else will fail without it. Make sure you at least know the basics before venturing into a new investment domain. You should understand how to deal with technical analysis, follow patterns, learn about the market, and read charts.

Invest time into learning the indicators and tools to use for market predictions. While there are many digital assets, most people focus on cryptocurrency, even though it’s unregulated.

If you DYOR (do your own research), you’re going to find that regulated crypto trading is on the rise. INX is set to go live and is now offering its security tokens for less than what you might pay in the future. Therefore, it’s a good investment strategy that’s going to take you places.

No one else is offering regulation for crypto trading, so it’s a little scary. However, when you do choose to work with a regulated platform, you have more peace of mind and security.

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2. Set Goals

Most people fail when investing because they don’t set goals. They’re not sure when to set up a trade or when to exit it. There are three types you should consider:

Short-term: This is the one that helps you meet your daily expenses.

Mid-term: That’s what you use to achieve lifestyle goals (vacation, car, home, etc.)

Long-term: Financial freedom is a real possibility because you have created cash flow that handles your needs for life. It also gives you enough wealth to buy whatever you want.

Most people never reach their long-term goals of becoming a millionaire. However, you should be able to live comfortably on the investments you make by diversifying.

3. Diversify

Everyone knows not to put their eggs in one basket. That phrase has been coined and used throughout the years. Therefore, you shouldn’t focus solely on cryptocurrency. However, in that realm of thinking, you shouldn’t choose one or two coins. Invest a little in eight or 10 decent projects to minimize failure risk and diversify your exposure to the crypto world when investing in digital assets.

4. The Law of Averages

You have to be aware that one strategy isn’t going to work every single time for your digital asset investing. It’s the law of averages coming into play. Sometimes, it might produce returns, but you’re also going to see losses.

It’s a good idea to find a couple of strategies to use. When one doesn’t seem to be working, switch to the other to see if that helps.

For example, a strategy works about half the time, and you win 50% of the trades to book $100 each. However, you also lose 50% of the time, but you only see trade losses of $25 each. Therefore, it’s considered a winning strategy.

On top of that, some trades might be profitable. But, that strategy loses money overall. Therefore, it might not be a winning strategy.

5. Don’t Be Emotional

You are human. So, you usually use emotions to help you make decisions. However, that’s very bad in the world of crypto trading. Emotional investing is disastrous. You probably have a fear of missing out, which brings on an emotional surge of panic.

Though you want to focus on the price charts and trust them above your emotions, you can’t look at them 24 hours a day. Patience is something that must be used when dealing with crypto assets. You should try to hold on for dear life until the thesis on that particular coin changes.

6. Don’t Be Greedy

Greed is something that everyone feels at one time or another. However, your goal isn’t to gamble away your money. You’re investing. Don’t imagine yourself becoming a millionaire overnight because it’s just not feasible. In fact, that’s the quickest way to set yourself up to fail instead of succeeding, especially when investing in digital assets.

Only invest what you can lose and go slow at first. You’re learning right now, and there’s absolutely nothing wrong with taking your time and understanding the market.

7. Leverage Correctly

Leveraging is an essential tool, but you must use it correctly within safe limits. Otherwise, it can significantly backfire. You can leverage your trades to see better returns, but you should only do that with the cash you have to cover it in case you lose. Most beginners aren’t going to mess with leverage right away because it is so confusing.

As you earn profits, you can start playing around with leverage as needed.

8. Trust the Charts and Analysis

The digital asset market is full of manipulations to play on your feelings. You’re going to see tons of news and media articles to jolt a response from you.

While advice can be welcome, you should focus on your hand and your analysis of the market instead of believing everything you hear and read.

RELATED ARTICLE: ASSET TRACKING SOFTWARE: IS THIS THE FUTURE?

9. Choose the Right Platform

Now that you know more about digital assets, it’s time to get started. The first thing you should do is pick your platform. There are many trading platforms out there, but we recommend that you stay away from auto-trading. The goal for that is to let an algorithm do all the analysis for you, but it rarely works.

Instead, you should choose a reputable platform that’s regulated by FINRA, the EU, and SEC. In fact, one of those doesn’t exist yet, but INX is going to be the game-changer that makes it happen!

Conclusion

Investing in digital assets is lucrative and exciting, but you want to be successful. It’s often hard to get into the market because it’s still so new. However, that doesn’t mean you have no options.

When you choose the right trading platform (INX), you’re going to see the benefits of regulation. On top of that, you’ve got many new assets available, including security tokens. Find out more today!

RELATED ARTICLE: UNDERSTANDING WHY CRYPTO MARKETS SUFFER

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Third-Party Logistics Explained – Ecommerce

May 23, 2021 by Asif Nazeer Leave a Comment

Featured image from Unsplash

As the owner of a small Canadian e-commerce business, I am always on the lookout for ways to save money without sacrificing customer satisfaction. When I manage to stumble across a way to cut costs and improve customer service, I know I have found a winner. This is exactly what happened when I took the plunge and joined forces with a third-party Canadian fulfillment company.

Honestly, it was the perfect way to take my business to the next level without sacrificing quality. Now you can do the same.

What Is Third-Party Fulfillment?

Any company that is a Canadian fulfillment service ultimately describes a company that receives and ships orders on your behalf. As you know, most small businesses start off by buying products in bulk, and then shipping them out to individual customers when they receive an order. In fact, I suspect that if you are reading this article, this is very similar to your own business model.

Now, this works really well on a small scale. However, as your business grows, this becomes more challenging.

You might be required to invest into more warehouse space to store all your products. You might also have to hire more staff so that you can manage an increasing number of orders in a time efficient manner. All of which comes at an increased cost that is then passed onto your customers. Which is where Canadian fulfillment enters the discussion.

These large companies have warehouse facilities that can store your stock. Then, when you receive an order, they actually ship them out to your individual customers on your behalf. This eliminates the need for more staff and more space.

What Does a Canadian Fulfillment Company Do?

I have already outlined this in some detail, but I want to clarify. Third-party Canadian fulfillment companies act as the central location for all your stock storage, order packaging, processing, and shipping needs.

When you receive an order through your e-commerce website, they are notified. They then proceed to pack your order, and send it out to the customer without the need for any direct communication with you.

Furthermore, they also increase your capacity to store products without having to invest in more warehouse space. And as many of these companies have distribution centers all over Canada, they can even speed up your shipping times.

What Are the Benefits of Canadian Fulfillment?

I think it is pretty apparent that one of the biggest benefits associated with seeking aid from a Canadian fulfillment company is more money in your pocket. I mean, when I took one on, I spent less money on storage and didn’t have to hire more staff. This was an obvious win-win.

However, there were also a number of unique benefits that I didn’t expect.

Firstly, I began to save time by not having to process, pack, and physically ship orders. While I didn’t realize it at the time, I spent a huge part of my day performing these somewhat mundane tasks. However, once they were gone, I had more time to invest into marketing, researching new products, and improving my customer support. All of which improved my revenue in a extremely real way.

Secondly, I no longer had to invest in warehouse space. While this obviously reduced my yearly expenses, it also meant that I no longer had to sign up for long-term leases for those warehouses. This improved my stress levels significantly. Knowing that I had a space leased for 24 months meant that I had to earn a certain amount to simply pay my rent. Once that pressure was gone, I saw a rapid improvement in my mental health.

Finally, my customer service actually improved when I outsourced my shipping process. I simply could not compete with the speed and efficiency that the fulfillment company packed and processed orders.

This meant my customers got their products quicker, making them happier in the process.

RELATED ARTICLE: E-COMMERCE ADVANTAGES AND DISADVANTAGES

What Does Third-Party Canadian Fulfillment Cost?

It is important to note that when it comes to specific costs, each third-party Canadian fulfillment center is slightly different. However, most typically charge either by the hour or per unit of product shipped.

This means that the cost is directly related to the amount of product that you sell, which seems like a fairly logical process. Moreover, it is not uncommon for fulfillment companies to reduce their cost per unit when you start using them a lot.

You can think of this as a way to incentivize good customers.

While this initial increase in cost might come as a surprise to some, once you account for the money you save on shipping, storage, and additional staff, you end up saving a lot of money in the long run.

Final Thoughts

If you run an e-commerce business and you are looking to save money, then third-party Canadian fulfillment is the answer.

Not only will it mean you spend less money on shipping, storage, and staff, but it also creates more time that you can spend growing your business. That is a huge win-win if I have ever seen one.

RELATED ARTICLE: LAUNCHING AN E-COMMERCE BUSINESS? HOW TO DO IT RIGHT

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A Revolution in Space Technology – Business

May 6, 2021 by Asif Nazeer Leave a Comment

Featured image by NASA on Unsplash

A revolution in satellite technology is upon us, as launching satellites has never been cheaper. CubeSat cameras are helping to lead the rise in geospatial monitoring and other space technologies that could change the world as we know it.

RELATED ARTICLE: FUTURE BUSINESS OPPORTUNITIES IN SPACE

Miniaturization has long been one of the benchmarks of technological development. From the microchip revolution of the 1970’s to the iPod and smartphones, scaled-down technology has led to huge changes in the way we live our lives and the speed of the digital revolution. For space technology, the situation is no different.

Only a decade or so ago, satellite technology was mainly the preserve of state-run space agencies and the military. At that time, the average satellite launch cost millions. Today, the commercial space sector has made satellite technology far more affordable. This allows smaller businesses and startups the chance to participate in a new space race. If one piece of technology is symbolic of the new approach to space, it may well be a CubeSat camera payload.

What Are CubeSat Cameras?

Californian professors Bob Twiggs and Jordi Puig-Suari originated CubeSat technology when they challenged their students to build a working spacecraft of limited dimensions. CubeSat refers to miniature satellites that are usually 10 cm x 10 cm x 10 cm. Where satellites from the turn of the millennium weighed tons, CubeSat modules weigh less than two kilos each.

They’re mostly composed of off-the-shelf electronic components. Moreover, they feature the kind of processors you might well find in a modern smartphone. CubeSat cameras can be launched from the International Space Station (ISS). Or they can travel into orbit as a secondary payload on a launch module. Since the beginning of the year, more than 1,200 CubeSat devices have successfully been launched into Low-Earth Orbit (LEO). The devices usually take the form of CubeSat Earth observation cameras or other sensor devices.

Why Is CubeSat Technology Revolutionary?

In a single word: cost. Historically, space agencies have generally followed a very risk-averse approach to space technology. The emphasis has been on perfecting technology for prestigious projects. These projects tend to tolerate a very low margin of error. Since the cost and scale of these missions are so immense, agencies like NASA are much less likely to take chances with their development and engineering.

This, however, is where CubeSats come in. Compared to the satellites of yesteryear, CubeSat cameras cost pocket money to produce and launch. This mitigates the expenses incurred by failed launches while making customers more likely to take a chance on a CubeSat mission.

Modern CubeSat Applications

CubeSat technology has allowed commercial businesses to take advantage of satellite technology across a wide variety of industries. In farming and agriculture, farmers can now employ CubeSat cameras to record imagery for tracking changing conditions on their land and the welfare of their crops.

This offers the prospect of better crop coverage with reduced operating costs on the part of clients, who no longer need to manually inspect every single acre. Admittedly, a CubeSat hyperspectral imager can’t compare to larger satellites when it comes to image quality. However, a constellation of CubeSat cameras can cover infinitely larger areas for a much smaller budget. This makes them a cost-effective option for large-scale geospatial monitoring. In the event that a CubeSat faces technical issues or becomes damaged, it will be increasingly cheaper to replace the unit in a future launch.

RELATED ARTICLE: FUTURE-PROOF YOUR BUSINESS IN 3 EASY WAYS

The Future of CubeSat Cameras

Increasingly, companies both large and small are looking at the ways they can implement small satellite technology for commercial potential. Additionally, established space agencies like NASA are embarking on closer cooperation with smaller satellite companies. NASA is currently funding the smaller-scale launches of several CubeSat devices, as well as ferrying them on its regular flights to the ISS. As these modular CubeSat cameras become even cheaper to produce and launch, their popularity is certain to continue rising. However, with more CubeSat cameras comes concern over increased orbital pollution. This could make the technology unsustainable in the future.

Near-Earth space is getting more cramped every day with working satellites, dead modules, and debris from rocket launches. A higher density of debris means satellites are more vulnerable to accidental collision with other devices in orbit. On the other hand, this threat does underline part of the appeal of a CubeSat camera payload: If your satellite is destroyed or damaged, the costs you incur to replace the module will still be relatively low.

Conclusion: A New Dawn for Satellite Technology

Photo by SpaceX on Unsplash

The space technology sector appears to have taken its lead from Silicon Valley, as lower costs and higher risks drive the industry’s growth. When it’s so cheap to send a dozen satellites into space, there’s less concern over one or two units malfunctioning. By taking a mass-production approach to satellite development, the technology will become more widely used than ever before.

And much like smartphones, as the components continue to be refined, these small devices will only improve their accuracy and functionality. What do you think might be some of the effects of more CubeSat cameras in the future? Can you imagine ways you might employ CubeSat cameras in a business venture of your own?

RELATED ARTICLE: BUSINESS AND TECHNOLOGY IDEAS FOR CITIES OF THE FUTURE

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Top 4 Team Chat Apps in 2021 – Running Your Business

May 5, 2021 by Asif Nazeer Leave a Comment

Featured image by Dean Moriarty from Pixabay

When it comes to communicating efficiently in the workplace in 2021, it is essential for businesses to rely on one of several team chat apps. To help you determine which app is right for your company, we offer the following guide.

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For small and large businesses to run smoothly in 2021 quick and efficient communication is imperative. Without it, employees can easily get confused and become frustrated. What they need is sufficient, clear contact with management.

Michael Page, a management consultant company, notes that “poor communication in the workplace will inevitably lead to unmotivated staff that may begin to question their own confidence in their abilities and inevitably in the organization.” In other words, lack of proper internal communication can lead to low employee retention rates and low employee productivity. This is a recipe for disaster at any company.

It’s critical for management and employees to be on the same page when it comes to daily business activities. By using a team chat app, managers and administrators can improve and expand their businesses without unnecessary communication problems. Team chats provide businesses the ability to enhance employee dialogue and relations. Further, they improve employee engagement and create clear lines of communication among staff members. Instead of sending massive amounts of emails or having to take the time to call several employees, chat apps are a great way to save time and money. Because let’s face it, wasted time is wasted money.

Here’s a list of the top four team chat apps to use in 2021.

Which Team Chat App Is Best for Your Business?

1. Connecteam

Among many other amazing features, the Connecteam chat app is unbelievably easy to use. Moreover, it is a great solution for deskless employees or for companies that have less tech-savvy team members. The chat is very intuitive and doesn’t require any training for employees to be able to start using it.

What Features Does the Connecteam Team Chat Have to Improve Internal Communication?

The Connecteam chat app allows for employees and managers to send one-on-one messages or even group messages to their whole team. But it doesn’t stop at just chat for effective communication.

An employee directory makes it really easy for employees to find who they need to send a message to. Most employees appreciate the fact that they don’t have to save or store coworkers’ numbers in their own personal phones.

The Connecteam team chat app lets users send push notifications. This way, you can alert your whole team quickly at the touch of a button.

Send company-wide announcements, updates, and even newsletters. Your staff will feel involved and connected to the company.

Comment or like messages, conduct customizable surveys, and even create posts to congratulate or send birthday wishes to employees. This is a great way to increase employee engagement and boost productivity.

The Connecteam chat app has no storage limitations. Team members can store everything quickly and then access what they need on their secure cloud.

RELATED ARTICLE: HOW TO MANAGE REMOTE TEAMS EFFECTIVELY

Connecteam chat app sounds like it should cost an arm and a leg, right? That’s where you’re wrong!

Connecteam advertises a fixed monthly or even yearly subscription for up to 200 users. Pricing starts at $39/month for the Basic plan and goes up to $159/month for the Expert plan.

Have more than 200 users? Great! There is also an Enterprise plan for large businesses at a fixed price as well. There is also a FREE version to help you decide if Connecteam is right for you. Once you have checked it out, you’ll probably want to use it for life, especially if you decide it covers all the features your small business needs. We think you’ll agree that Connecteam provides the best team chat app for your deskless employees and helps businesses run their day-to-day activities smoothly.

2. Slack

Slack is primarily a large-business messaging and collaboration tool that has great integration capabilities. Mainly, it is high-tech companies whose employees sit behind computers that use this chat app.

The app groups chat conversations by “channels.” You can then further organize channels by team, clients, and projects. Users can easily search through topics that have already been discussed in other channels before creating a new channel. Members can even tag teammates to ensure they see the message.

If your company is an enterprise or large business, you can speak to a customer service representative about pricing. In contrast, if you are a smaller or medium-sized business, you can choose from three different pricing plans. For example, there is even a free version. However, that version is fairly limited and lacks many fundamental features. The Standard plan, on the other hand, costs $8/month per user. The Plus plan costs $15/month per user.

3. Google Workspace

One of Slack’s direct competitors, Google Chat, allows for direct messaging as well as group messaging on its app. Some of Google Chat’s features include screen sharing, messaging, a Google Chrome desktop extension, as well as voice and video calls. In addition, virtual rooms are great for project management. They make it easy to track progress and follow up on task lists.

While they do not offer a free version, there is a 14-day free trial to help you determine which edition is a good fit for your business. They offer four different options: The Business Starter pricing starts at $6/month per user; Business Standard pricing starts at $12/month per user; and the Business Plan pricing starts at $18/month per user. If you’re interested in the Enterprise plan, you’ll need to contact their sales department for pricing.

4. WhatsApp For Business

While many people are familiar with WhatsApp messaging, WhatsApp For Business delivers a solution for team chats for small businesses. In addition, while the app is free to download, businesses mainly use WhatsApp For Business to interact and chat with their clients and customers.

This chat app enables businesses to advertise products and services, quickly chat with clients, provide customer service, and send relevant notifications to customers. A table with a list of countries and their cost per message in US dollars can be found on their website.

Chat Apps in a Nutshell…

Communication in 2021 is key when it comes to a business’s success or failure. For businesses small and large, it’s important to make sure your company has a team chat app that works best for you. This helps ensure your company’s day-to-day operations run smoothly. If yours is a high-tech company with employees working behind a computer, Slack or Google Workspace may be the best option for you.

RELATED ARTICLE: TEAM-BUILDING IDEAS FOR REMOTE WORKERS

But if you need a more far-reaching workforce management app that includes an in-app chat feature for your deskless employees that doesn’t charge you per user, the Connecteam app is the best choice for you.

RELATED ARTICLE: HOW TO IMPROVE REMOTE WORKING FOR YOUR EMPLOYEES

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