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You are here: Home / Archives for 2020

Archives for 2020

6 Ways To Keep Your Employees Happy and Motivated – Business

January 22, 2020 by Asif Nazeer Leave a Comment

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It costs far more to replace an employee than it does to retain them. In order to keep them wanting to stay with your company, you must provide a workplace that they enjoy. Your business success depends on keeping your employees happy and motivated. After all, they are not robots that are only there to serve the bottom line. They are real people with real lives and they devote a huge portion of their time to your company.

Feature Photo by mentatdgt from Pexels

It isn’t enough to just give your employees the perfect gift for Christmas. You must also maintain a positive work experience during the year to make sure they are content and motivated to do their job. Low employee morale is a business killer. Production drops when morale is low. In addition, employee turnover makes it hard to maintain consistency.

So, what to do? Increase your business’ success through satisfied employees with the following tips.

Pay Employees On Time

The surest way to kill morale in your office is to pay your employees late or make mistakes in their paycheck. Use an employee time tracking app to make sure that their check is always correct. Follow that up with attentiveness and reliability that your employees are paid on time. This one practice is a huge part of your effort to keep employees happy and motivated.

Photo by bruce mars from Pexels

Set Clear Expectations

Everybody wants to know exactly what their job is. When there are no clear boundaries between what one employee and another do, resentment builds. The most common result of unclear boundaries is that one employee takes on too much while another is perceived as taking on too little. This creates resentment and substantially lowers morale.

Take time to establish a clear set of expectations and responsibilities for each employee. If and when the time arises that they have to take on extra work, their sacrifice is acknowledged. Express thanks for hard work and dedication. As soon as possible, take the extra load away from the employee and return their job expectations to normal. Also, it wouldn’t hurt to make sure they get a little extra bonus at the end of the year.

Encourage Breaks To Keep Employees Happy and Motivated

Burnout is very real. It can lead to health issues, low morale, and feelings of dissatisfaction. If you believe your company has been asking a lot of the employees for a while, encourage them to take time off. Consider offering a long lunch for the week, a long weekend by taking a Friday off, or encourage them to use their vacation time.

Whatever you think will help them unwind and recharge will be appreciated. 

Happy Employees Prioritize Work/Life Balance

Your employees are key to your business success. Therefore, their work must be at its most productive. This only happens when your employees experience well-being in the office and in their life. You can avoid burning your employees out by making sure that they are able to have a life outside of work. Limit instances of calling them in on weekends or keeping them from their family at night. Their ability to enjoy the life your employment provides will keep them working for you.

Celebrate Milestones

When somebody closes a big deal or finishes a project ahead of schedule, make sure you celebrate their accomplishment. Let the employee know personally how much you appreciate their hard work. In addition, make sure the office knows and encourage others to congratulate them on their milestone. The team-effort creates truly happy employees!

Additionally, celebrate longevity milestones and positive feedback accomplishments from customers. People want to know you recognize their loyalty. Show them that you are paying attention to their hard work and see the results.

Offer A Flexible Schedule

The need for 40-hours-per-week face time is becoming a thing of the past. In past years, supervisors required employees to be in the office, checking in (or clocking in) and out each day. Unfortunately, whether an employee was maximumly productive during that time didn’t matter.

RELATED ARTICLE: 5 WAYS FLEXIBLE WORK OPTIONS BENEFIT YOUR EMPLOYEES—AND YOU

Now, people are more focused on productivity and results. If an employee can come in later or leave earlier than the traditional 9 to 5 (which has really become 8 to 6), and still get results, then let it happen. You can also offer some employees the opportunity to work from home a day or two per week. Not having to commute helps increase productivity and helps relieve the pressure from your employee’s day.

Today’s employers must be concerned with keeping employees happy and motivated. The generations entering the workforce expect a level of satisfaction in their work. Use these principles to ensure that your company is known for a workplace that supports and cares about your employees.

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How To Get Started – Online Businesses

January 22, 2020 by Asif Nazeer Leave a Comment

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If you’re a .NET developer and want to break into freelancing, you have many options. However, .NET freelancing requires time and intention to become lucrative. 

Photo by Daria Shevtsova from Pexels

Most freelancers will tell you to start on the side. You can pick up freelancing jobs while still staying in your current form of employment until you build a steady client base. The goal is to make consistent money over a period of a few months before diving right into life as a full-time freelancer.

Freelancers have a lot of responsibilities that normal employees do not have, including:

Thankfully, .NET’s framework is used in applications worldwide, so you’ll be able to develop for small and large businesses alike. Use these tips to get ready for this next step in your career.

Experience and Portfolio

Developers are unlike other freelancers because you can’t share your source code with others. This can make creating your portfolio a challenge. Though you can show a prospective client your examples of software, websites, apps and other projects you have created, showing the source code allows the client to steal the code. Also, If you worked for someone else at the time of development, chances are good that they own the code.

You can, however, say that you used .NET to:

  • Develop X website (providing an example) and were responsible for connecting to banks, databases and other third-party sites via API calls
  • Develop an app that allowed for financial institutes to manage clients on the cloud

You must provide samples to show clients. Consider building a website with live examples of your work for potential employers to test. When listing projects that you worked on, make sure to mention your contributions and key responsibilities when working on the project.

If you have no experience, you may want to work with Redwerk or another .NET development company to learn the ropes of .NET development.

Develop your portfolio using open source project contributions. Many companies respect open-source projects and will view your contributions to these projects in the same way they would view your experience working with a development firm.

Finding Clients as a Freelancer

Once you have a portfolio ready to show prospective clients, it’s time to go out and find clients. It takes a lot of work and effort to find clients to fill up your schedule. It’s not uncommon for freelancers to charge more per hour of work than a development firm pays its developers. This is because freelancers carry a lot more responsibilities. However, employers save money by avoiding the cost of benefits packages. So, price your hourly rate accordingly.

RELATED CONTENT: YOUR PERSONAL BRAND: SIX CREATIVE TIPS TO GET NOTICED

You’ll find that finding clients requires you to:

  • be persistent,
  • be patient,
  • communicate well,
  • become detail-oriented,
  • and be willing to learn.

You will also need to be able to properly assess projects and offer realistic timelines. 

Be persistent. Be willing to be rejected. A lot of people are vying for the same job and a lot of people may be willing to work for less than you charge. It’s up to you to be able to create a proposal that allows you to stand out from the competition.

Here are a few key methods to help jumpstart life as a freelancer:

  • Look for jobs on Upwork 
  • Look for jobs on Freelancer
  • Email companies to pitch your services
  • Search job boards for freelance positions

Connections are everything, so try and find a .NET forum where people are asking for help. If you can demonstrate your expertise and help others, you’ll find that a lot of these connections can lead to work, too.

Specify Your .NET Freelancing Niche

Your success depends on the right clients with projects you are perfect for finding you. In order to help this process, be clear about the projects you have experience working on. For instance, say you work particularly well with startups and have helped them keep development costs low.  Provide examples of your work that feature a startup and provide the cost savings analysis. 

Photo by Markus Spiske temporausch.com from Pexels

Use your network, social media and other avenues to source projects.Once you land your first gig, treat every opportunity as a learning process and continue marketing yourself. Slowly, you’ll build up your portfolio and reputation. You can also try working with recruitment agencies that can help you land your first few freelancing gigs to get started.

The key to freelancing is persistence and marketing. If you continually market yourself and aren’t afraid of rejection, you’ll eventually land gigs. Good luck!

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Higher Education And Your Business – Running Your Business

January 20, 2020 by Asif Nazeer Leave a Comment

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If you own a business, you might think it is far too late for you to go back to school. Nothing could be further from the truth. Pursuing higher education as a business owner can do wonders for both your business and your team. In fact, there is nothing holding you back and everything to gain for your business success through higher education.

RELATED ARTICLE: ENTREPRENEURIAL EDUCATION: DO YOU NEED ONE TO BECOME AN ENTREPRENEUR?

Here are five ways that advanced higher education can help your business grow.

Higher Education Improves Your Skills

One of the main advantages of additional education is an improved skill set. This is especially true for managers. Unfortunately, managers often get promoted to higher positions without ever receiving extra training or education. This can make the managers feel overwhelmed and unsure and is reflected in their work. A recent study found that over 50% of managers say they have never received management training. This most certainly costs your business in the long run.

You Can Continue Working

One of the main reasons adults do not engage in higher education is because they can’t afford to take the time off from work. Because of the growth of online education, earning a degree does not require you to leave your company in the hands of others. You can study while you work. Also, many courses are only a few weeks or months long. So, you don’t need to dedicate years to acquire additional qualifications.

Photo by Kaboompics .com from Pexels

Higher Education Builds Confidence

Learning new skills helps boost confidence. As we mentioned before, many managers feel unsure about their skillset. However, when they receive extra training, their confidence grows and they are more likely to be successful. This has obvious benefits for your business. Better productivity. Professional success. In addition, your self-esteem and happiness levels also increase. Research shows that people who train for their dream jobs (and then work in those jobs) are significantly happier than those who do not.

Creating New Possibilities

Education opens up new possibilities for you in your career. After all, an additional qualification makes you more qualified! However, many people think that on the job training is just as valuable, so they forgo education. However, in order to be promoted well and advance through your career additional education communicates your motivation to improve. That kind of confidence attracts more business!

Education Makes Employees More Valuable

Higher education does not only benefit managers; it can also benefit employees who want to improve their performance. Learning an extra skill set will make the employee (and therefore, the team) more efficient and productive. Supporting education also helps employees feel more motivated and passionate. This is very important, as a recent study found that over 80% of employees feel disengaged at work. That’s four out of five employees. Further education can help to reduce feelings of disengagement. 

For instance, if you run a healthcare department, and one of your employees gets a bachelor’s degree in healthcare administration, your whole team improves. The newly educated employee can take on more advanced healthcare roles and responsibilities. This eases pressure on other employees, and it makes the team more cohesive and productive.

Finally, higher education for employees improves employee retention. Over time, promoting uneducated managers leads to unproductive employees and high employee turnover. Turnover alone costs businesses hundreds of thousands of dollars every year. Therefore, promoting and completing additional education ensures that your business is being managed well. A win-win situation!

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How to Throw a Coachella-Worthy Festival – Business Ideas

January 20, 2020 by Asif Nazeer Leave a Comment

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Coachella is a festival that makes a ton of money. We’re talking more than $100 million in gross profits. Known for Instagram selfies and trending new artists, the Coachella Valley Music and Arts Festival is a well-attended, huge event.

RELATED ARTICLE: 8 POWERFUL WAYS TO USE INSTAGRAM FOR YOUR BUSINESS

However, if your event company is thinking about trying to host a music festival, it’s not as easy as you might think. You have music talent to wrangle, logistics to figure out, security detail to hire, and parking issues to fix.

But if you’re ready to jump in and learn more about how you can make a big impact with your festival, keep reading. We can’t guarantee Coachella levels of success off the bat, but we promise these tips will lead to a great event.

Know Your Timeline

Look, all great events take time. It takes months to book musical talent, vendors, and the venue itself. If you’re trying to plan a big event, it may even take a year. What’s more, marketing the event and selling tickets takes time, too.

Figure Out Your Ticketing

For the best guest experience, it’s important that it’s easy to buy tickets for your event and move around within the event. For example, you might want to consider giving your guests cloth wristbands with integrated RFID technology if you really want to make your event stand out.

Also, specialized bracelets can give people access to VIP areas and other in-festival experiences. It’s a way to make the event seamless for attendees, so people can focus on making memories.

Calculate How Much Space You Need

Besides the actual stage where the talent will perform, you’re also going to need to figure out where the bathrooms will go, where vendors will go, and campground locations.

Establish the Budget for Your Festival

Don’t let your festival turn into the Fyre Festival. It’s important to get a mix of up-and-coming local artists in addition to a big act or two. You don’t want to go over your budget by splurging where it doesn’t make sense. You’ll also need to consider hidden costs like permits, any vendor costs, and insurance.

Decide on the General Flow of the Festival

People attending your event need food, beverages, trash cans, access to first aid, merchandise, and restrooms.

Hire Security and Erect Barriers

You need security for a lot more than putting a stop to pesky teens trying to climb over barriers to get into your event for free. You also need to make sure the crowd stays safe and there are no unruly people making the festival dangerous for others. It’s also a good idea to put up a tent or a few tents where people can get first aid, report theft or lost and found items, and so on.

Start the Marketing Campaign for Your Festival

In order to make a return on your event, it’s important to establish your marketing strategy early on in your advertising efforts. For example, you’ll need social media advertising, ads in your local paper, email marketing, and digital advertising.

RELATED ARTICLE: EMAIL MARKETING IS MORE IMPORTANT NOW THAN EVER

It’s also a good idea to team up with the public relations people for the talent you’re booking for the event. They can help to coordinate your advertising efforts.

festival attendees

Festival Planning Is Unique

Festival planning isn’t necessarily like other events such as weddings or parties. It’s a highly specialized and involved form of event planning requiring expertise in organization and management. It’s critical to have industry experience and so you can network with people who can connect you to the talent and staff required for the event.

Before you decide
to host your own musical festival, it makes sense to try and partner up with an
experienced group of planners at national and local festivals to gain
experience. Plus, the people you meet during those work experiences may become
a pool of professional talent you can draw from when you’re planning your
festival.

Final
Thoughts

Planning a music festival is a huge undertaking, one that shouldn’t be taken lightly. It involves a huge investment of time and money to successfully pull off.

However, if you have the experience and professional network to tap into for an event, it can be fun and rewarding. Make sure you give yourself plenty of time to plan your event marketing. Then stick to a strict budget, and be sure to account for hiccups.

It’s important to be flexible because events are prone to mishaps like bad weather, cancelled musical acts, and other such “acts of God.” But by using this list, you’ll be able to put on a successful festival that attendees will be talking about for years to come.

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Employee Retention Tips for 2020 – Running Your Business

January 19, 2020 by Asif Nazeer Leave a Comment

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Employee turnover costs your company in multiple ways. In fact, reports show that turnover costs employers a whopping $15,000 per employee, mostly for reasons that are avoidable. In addition, there are massive ramifications to the entire company when your top star leaves the team. As a business owner, attention to employee retention is key for a thriving work environment.

Feature Photo by Ian Schneider on Unsplash

If you run a small business, you are most likely faced with limited resources. So, retaining your best and brightest is vital to your business success. Therefore, efficient and effective employee retention strategies help to improve office morale and productivity. Such strategies ensure that your best workers don’t leave you for the competition. 

Consider these three simple and cost-effective employee retention strategies to help you succeed. 

Communicate With Your Employees

You might think communication is handled. Employees come to do their job and go home. However, healthy and transparent communication significantly improves employee retention. Great communication encourages employees to ask questions, addresses employee and company concerns, and provides you a vehicle for receiving feedback. Considering employee feedback and follow-up are key factors for effective leadership. Great leaders foster excellent employees and positively impact employee retention.

Experts explain that “an emphasis on communication equips employees to feel valued, satisfied and motivated which enhances their morale and increases their output.”

FEATURED ARTICLE: BUSINESS SUCCESS DEPENDS ON WORKPLACE WELL-BEING

Our favorite tool to communicate with your employees is Connecteam’s free employee communication app. In the click of a button, you are able to create a two-way communication channel. Managers can send private or group chats and updates. The platform allows you to share weekly goals, celebrate the employee of the month, send birthday wishes, release company announcements and more. Additionally, employees have a tool to communicate with you in real-time if they have issues. Apps like this make communication simple and effective.

Hire For Retention

According to Glassdoor, 35% of employers who hire new employees already anticipate that other employees will resign in that same year. If your hiring strategy includes the expectation that existing employees will soon resign, something isn’t working! Make changes toward retention rather than hiring a workforce you expect will not be with your company for long.

To begin, revamp your interview process. Ask questions that help bring out qualities that you seek to develop among your employees. Consider past performance relevant to tasks you’re hiring for. Be consistent across interviews so you can utilize lateral comparison. 

Employee Retention - Interviews
Photo by mentatdgt from Pexels

Next, ensure that the job description is clear. Many new hires reported that they would stay at a job and company longer if they knew more about their job role early on. It is essential that you do not omit details of the position. Take the time to find the right candidate, even if you are desperate to fill the vacancy. Remain transparent so the right employee joins your company and stays for the long term. 

On-Boarding Is Crucial 

As soon as a new hire arrives on their first day, make sure they’re set up for success!  teach them about the company culture, training opportunities, mission and values, and so on. Make clear to them that their job role and responsibilities, while very important to success, are just a part of their relationship with your company. HR experts say, “Onboarding new hires at an organization should be a strategic process and last at least one year to ensure high retention.”

Employee Retention Makes The Difference

Employee retention is just one strategy for your business’ success. Still, having the right team with the right employees invested in your company’s success makes the difference. In order for them to invest and be loyal to you, invest and be loyal to them. Your business will most certainly reap the rewards.

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Global Trends – Running Your Business

January 17, 2020 by Asif Nazeer Leave a Comment

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What is a full stack development team, and how can you build a team that suits your business?

The complex and demanding nature of software and web development environments demand expertise in multiple areas. Consequently, the need for a full stack team is now a top global business trend.

According to the US Bureau of Labor Statistics, the compound annual growth rate (CAGR) for full stack developers will grow about 13% through 2026. This growth is much higher than it is for other roles in the software development industry. In short, these talented individuals are in demand. 

Let’s talk about what a full stack team is and look at what you need to do to build a team that best suits your business.

What Is Full Stack Development?

Full stack development refers to comprehensive client-side and server-side software development. In other words, full stack development deals with software development for browser, database, and server. Therefore, a full stack developer must have a comprehensive knowledge of all layers of software development.

To qualify as a full stack developer, a software engineer should have command over front-end browser technologies like JavaScript, HTML, CSS, Angular JS, React, Vue, and JQuery. Such engineers must also know server technologies such as Python, PHP, Node, and ASP. Lastly, a full stack developer should have expertise in database technologies like MongoDB, SQL and others. A good full stack developer can develop a complete software program, integrating all development areas. 

Full Stack Development In The Modern Market

The role of a full stack development team is very important in modern software development projects. This is especially true for web development projects. The modern, single web application is complex and demands features and capabilities that the end-user wants. As such, a full stack web developer knows all layers of software development, so they can create an integrated solution to fill a company’s needs.

A full stack development team allows businesses to have complete control over software development and development cost. Such a development team provides a company with a competitive edge. Consider these benefits of employing a full stack development team:

  • The ability to provide a comprehensive solution to complex problems
  • Reduced cost of software development
  • Faster delivery of projects and releases
  • Effective communication and coordination
  • Easy to troubleshoot the software issues and modify the code 

Building Your Team

As a business owner, you must employ experts who work within multiple domains. For instance, your total staff will need to provide software development, human resource management, legal support, social security reporting, and much more. A full stack development team will provide your company with this variety of expertise among fewer employees. In order to build the best team for your company, consider these tips.

RELATED ARTICLE: IT TEAM SUPPORT: GETTING VALUE FOR MONEY

Maintain Technology Stack Skills

Most importantly, you must carefully assess the requirements of your projects and choose the right technologies for your full stack development projects. You should make a comprehensive list of technologies that you want to use in your development project. Then, hire a team that has complete command over the technology stack you have identified. 

You need to ensure that your team can produce on server-side, client-side, database, and software design technologies. Therefore, make sure your team has the skills such as HTML, CSS, JavaScript, popular JS frameworks, Python, PHP, Ruby, Java, C++, server-side JS frameworks, MongoDB, MySQL, SQL, Chrome, Mozilla Firefox, UI/UX, testing, and others.  

Cost Considerations

The average cost of hiring a single full stack developer is much higher as compared to other software engineers, but the overall benefits are also higher. Therefore, the salary of a full stack developer ranges between $44,000 and $111,000 per annum. Total salary varies based on skills, qualifications, and experience. However, the average cost of building a full stack team should be always less than average development cost anticipated by individual developers.

A Backup Plan

There is an acute shortage of all types of software developers in the market. The shortage of full-stack developers is more severe. In addition, a huge demand is emerging in the marketplace. In such situations, it is very difficult to retain your tech-talent. So, always prepare a backup for any kind of switching of tech resources from your team.

Quality Over Cost

The cost of the full stack development is increasing due to increasing demand. The number of full stack developer vacancies is projected to cross 853,000 by 2024 from just 135,000 in 2019. Though the competition is high, always choose quality tech-talent.

full stack development team

Combine Experience And Location in the Development Team

To make a better team, choose a mix of experience in recruiting members of your full stack development team. You can reduce the cost and maintain good quality by hiring human resources from remote locations among those with a variety of experience.

Final Takeaway

Hiring a full stack developer team offers numerous advantages to small and medium-sized enterprises for achieving the desired business goals. Consider building your team now in order to experience growth for your business.

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How a Great Idea and Just $500 Launched a Powerful Network of Entrepreneurial Women of Color

January 15, 2020 by Asif Nazeer Leave a Comment

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Here’s the story of how Aisha Taylor Issah founded Sistahs in Business Expo.


January
15, 2020

8 min read


At a September street fair in Jersey City, N.J., Aisha Taylor Issah knew she couldn’t run from her idea anymore. 

About a year before, she’d first had the idea to create a space to help women of color showcase their businesses while also providing them with resources and tools to help them grow. Issah says she avoided the idea for a while — she wasn’t too keen on starting another business, since she’d co-owned a career consulting and recruiting firm for more than 15 years. But it wouldn’t leave her alone. Everywhere Issah went, she says she met more women of color working on great ideas, brands and projects, and many of them shared a similar struggle: They wanted to participate in business events and expos to grow their businesses, but they found them to be cost-prohibitive. 

Image Credit: Courtesy of Sistahs in Business Expo

For Issah, the Jersey City street fair sealed the deal. She saw so many women of color showcasing their businesses and interacting with customers that she felt she couldn’t ignore her idea anymore. Beyond a seasonal street fair, she wanted to launch an expo catering specifically to this demographic that occurred more often and in more locations. After returning home that day in September, Issah began her search for venues, and a month later, she put down a $500 deposit on an event space. She figured that where there’s a will, there’s a way, and she decided to figure out the rest of the costs as she went. Let me really take a stab at this, she remembers thinking, and see what happens. 

Starting with the expo’s first event series in 2018, Sistahs in Business has operated in four cities: Newark, N.J.; Columbia, S.C.; Philadelphia and Atlanta. To keep the weekend programming accessible, costs for one-day tickets range from about $10 to $25. 

Entrepreneur chatted with Issah about her experience as a founder, what it’s like creating programming for a demographic she’s passionate about and the top piece of advice she’d give to soon-to-be entrepreneurs. 

This interview has been edited for length and clarity. 

How did you choose which cities to spotlight in hosting the conference? 

We officially launched it in October of 2017 and held our first tour in 2018. So we toured four cities in 2018 and the same in 2019. Choosing the cities was a combination of both research and gut — knowing the market and, although entrepreneurial women of color really are everywhere, knowing where we might find the highest concentration. I also wanted to pick markets where we at least had some type of footing or connection so we wouldn’t be going in completely blind. We started in Newark, New Jersey — I live in the area, so that was a great location. 

How did you take your own experience with similarly sized conferences, expos and trade shows and use that to inform your approach to Sistahs in Business? 

We were intentional about opening a space that was accessible to all business types. Also, through my own experience and conversations with others who had been to events like this, I knew that in many cases, there are a lot of things competing for your attention in different spaces — speakers, workshops, entertainment — and that can take away from your ability to engage with consumers as a vendor. 

At our expos, people can be talking to vendors or engaging with customers and still hear what’s happening onstage. Finally, we knew we wanted the content to be high-quality, so all of our speakers, presenters and panelists are entrepreneurs themselves and can speak to our audience from experience. 

Image Credit: Courtesy of Sistahs in Business Expo

Let’s talk about the training you provide for entrepreneurs. What does it entail, and how long has it been up and running? 

Our university, the teaching arm under our foundation, is a 501(c)3 nonprofit entity. We provide training, resources and other information to business owners in a tangible way. At the expo, you can only glean so much — it’s high-energy, there’s music, there’s shopping. So we really wanted to have dedicated time for women of color business to be able to learn and apply what they’ve learned. So the university was launched as a way to solve that issue. So far we’ve had about four or five offerings, including marketing for vending events, legal tips and strategies for your business and an in-person event in Newark on business opportunities for women in CBD. 

How did you decide on the programming for your audience? 

It’s tricky because we can’t just think of ourselves as women of color businesses. We want to be on the same playing field with everyone else. So that means we need the same resources, the same information: “This is what you need to do to grow and scale your business, period.” But it depends on the topic. And there might be some spaces that are harder for you to get into because you’re a woman of color, so it’s about figuring out how we can make sure that you have everything that you need in place — taxes, accounting, legal structure, trademarking — so that no one can discredit you in saying you didn’t have everything together. We’re already at a disadvantage, so we want everyone to be able to do the best they can from the business side to be sure they’re ready for those opportunities and doors when they do open. 

In terms of representation, it’s important to see someone who looks like you doing what you want to do so that you know it’s possible. And we do that not just in our courses, but also at our expos. The speakers and panelists are people who look like our audience, who have been through similar situations, who have been able to overcome the same hurdles as an entrepreneurial woman of color. It’s really key for people to begin to think bigger and not believe they always have to be a small mom ‘n’ pop shop. They see there are women of color who are millionaires and investors themselves doing really great work. It’s the mindset of: If they can do it, so can I.

Image Credit: Courtesy of Sistahs in Business Expo

Which expo speaker or course instructor stands out most in your mind? 

One of the most touching moments for me was our keynote speaker for Atlanta: Cynthia Bailey from The Real Housewives of Atlanta. In addition to being a supermodel and reality television star, she’s a boss entrepreneur with several brands — the epitome of a successful woman in business. One participant asked how she finds balance between being a model, business owner, mom and, soon, a wife. Her answer was honest and transparent. I remember her saying that there really is no such thing as balance, that a lot of times she felt she maybe hadn’t done her best at that, particularly when it came to motherhood, since she had a young daughter and had to be away a lot for work. But she was working towards a greater goal: to provide a legacy for her daughter. 

What’s the number-one piece of advice you’d give to other people who are trying to launch their own business or event series? 

You really need a strong team. An undertaking like this is huge. It’s a lot of work to enter into just one city, and for multiple cities? I don’t know what I was thinking. It’s a lot. So my team is key to our success. Many times, when people start businesses, they think they can do everything themselves, but I learned very quickly that I could not. The key is surrounding yourself with people who support you, are skilled and can help you bring the vision to life. So that’s my biggest piece of advice: We can’t all be Superwoman or Superman. Yes, your business is your baby and your brainchild, so you try to oversee it and make sure that it succeeds. But you have to be willing to delegate and trust others to help you make it happen. 

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Is Pay-Per-Click Advertising Good for Business? – Marketing

January 11, 2020 by Asif Nazeer Leave a Comment

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SEO dominates the world of organic online marketing. However, pay-per-click (PPC) advertising still has a place in business marketing, even in 2020. PPC allows online searchers to find products and services through targeted ads and links. This type of marketing may once have been seen as less effective than SEO. However, it’s more sophisticated—and probably more effective—than ever before.

It’s important to say that pay-per-click advertising might not work for all businesses or entrepreneurs. The same goes for many other types of marketing. But PPC marketing appeals to a certain kind of searcher and to pitch a certain type of product. If you’re considering trying PPC for your business, you may wonder whether or not it’s going to be worth your time and money.

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Let’s consider which types of businesses can most benefit from PPC.

Small Businesses

PPC advertising is fantastic for helping start-ups and small businesses to get off the ground. Pay-per-click helps immensely to push products to relevant groups. It can also help with brand recognition. PPC delivers exceptional results to local customers, too. So PPC is the best tool for tackling a specific niche without extra time and effort.

PPC is a great playground for marketing strategies. Partnering with a company offering PPC consultation, known as white label PPC, allows you to set up a flexible plan of action. This means you can adjust and enhance your advertising and approach depending on how well your campaigns perform. PPC experts can adjust your campaigns mid-flow if needed. Unlike print advertising, online marketing is easy to fine tune, and problems are inexpensive to remedy. 

Pay-Per-Click In The Niche

PPC advertising targets specific phrases and keywords online. Therefore, it meets specific needs. For example, if you provide a personal service that’s otherwise unheard of in your area, targeted PPC enables you to approach people who are looking for the specific services you supply.

Without PPC, you risk falling behind more generic stores and services. This is especially true if you leave everything to SEO (search engine optimization). PPC lets you target specific needs and niche concerns so you can turn a lead into a customer quickly.

Single Lead Success

PPC is an especially good option for businesses that can benefit greatly from a single sale. While PPC doesn’t function well for broad category selling, it can really increase your marketing success in niche markets. PPC is ideal for specialist services and for generating leads to inspire customer loyalty.

For example, luxury items, vacations, or even legal services demand high monetary investment from consumers. Therefore, their successful sale instantly outweighs the costs of a basic PPC campaign. On the other hand, if you can expect only a small margin of profit between PPC expenditure and consumer revenue, then it’s probably worth looking at other advertising options.

If you offer a service or a product which people are likely to invest in long-term, a single PPC ad is probably going to pay off. Therefore, consider this form of advertising worthwhile if you have long-term, high-margin revenue to pull.

PPC For Every Business

The fact is it might be a little shortsighted to suggest PPC will only work for specific types of businesses and services. PPC works wonders for a variety of niches and specialties. While generic and larger brands can benefit through SEO alone, PPC offers a lot of support to smaller or growing firms.

pay-per-click ppc advertising
Image by mohamed Hassan from Pixabay

Perhaps you run a small workshop and might be looking for clients who need help with woodwork. Maybe you operate a car repair clinic and want to target people who have cars with faulty carburetors. Or perhaps you sell delicious pastries and desserts in your local area. Whatever the case might be, PPC can work well for your business.

Don’t be afraid to try PPC. It still has a place in modern digital marketing.

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Uses and Technology – Technology

January 8, 2020 by Asif Nazeer Leave a Comment

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Real-time transcription is the process of typing live speech as soon as it is spoken. This process is in contrast with transcribing recorded audio. One of the most common examples of this type of transcription happens in a courtroom.

Court reporters, or stenographers, are responsible for verbatim transcription of court proceedings. They do so by utilizing real-time transcription software and specialized keyboards. Increasing attention on accessibility for video and audio content has led to a need for real-time transcription in broader contexts.

Types Of Real-Time Transcription

In addition to courtrooms and other legal settings, real-time transcription now appears in many common venues.

For instance, broadcasting live feeds through the internet is becoming increasingly popular. As such, many companies that publish content such as podcasts, webinars, and press conferences employ transcription services to produce text transcripts of their programs. These records are also essential to providing an accurate report of company activities.

Likewise, transcription is in demand for television and entertainment industries. Sporting events, news shows, and special broadcasts use real-time transcription called captioning to improve the experience for viewers.

While broadcasting, television, and entertainment certainly provide a large share of real-time transcription, there are other practical uses of transcription. For example, educational institutions often require transcription services for students with disabilities. Additionally, companies of all sizes and industries produce printed transcripts of audio and video recording.

Transcription Innovation

Transcription may appear to be a straightforward process. However, the skill involved in human-produced real-time transcription is extensive. Technological innovation makes transcription more widely available. Today, many modern transcription services make use of artificial intelligence (AI) to recognize speech and transform it into text.

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Using artificial intelligence software is valuable for users in need of real-time transcription. AI software increases accuracy. Also, AI programs produce transcripts faster than human-based transcription. Here are additional examples of how such programs are used:

  • Live videos captioned real time
  • Live captions for conferences, events, and other speaking engagements
  • Business meetings, phone calls, and training sessions instantly transcribed for archiving
  • On-location transcription for emergency briefing and announcements

Businesses can also consider other uses for transcription, such as

  • Monitoring customer support calls
  • Producing analytics based on text transcripts
  • Typing using voice commands
  • Archiving and indexing for easy retrieval using keywords
real-time transcription on phone
Photo by Joey Huang on Unsplash

Speech recognition technology will evolve in the years to come. Even tech giants like Google are already capitalizing on the convenience and benefits of AI transcription.

Indeed, manual transcription using a person is still a reliable solution for providing real-time transcription. However, there is no doubt that AI is transforming live transcription for the better.

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The New Era Of Professional Coaching – Business

January 7, 2020 by Asif Nazeer Leave a Comment

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Legendary singer Bob Dylan put it best with his song way back in 1963; the times they are surely changing. New technology is paving the way for disruptions in the business world. The disruptions are not just impacting business practices; they are impacting the future of work as well. Such changes are giving rise to a new breed of entrepreneur, the solopreneur. 

Feature Photo Credit: www.unsplash.com

Startups and lean businesses are quickly becoming the new kid on the block. More and more investment dollars are being poured into early-stage businesses that are tech-oriented, into digitization, and focused on innovation. This is fertile soil for solopreneurship among a new generation of business professionals.

Rise Of The Solopreneur

A solopreneur is an entrepreneur who is not looking to build a fleet of employees or a conventional company. Through their connected network(s) they might be part of a virtual ecosystem (of freelancers, coaches, consultants etc.) that builds human resource capacity as projects develop. 

For example, a consultant who is specialized in digital marketing for banks may contract with a financial institution, hiring only any additional colleagues as needed for a specific project. When work/projects come their way they employ people who are savvy with respect to key digital niches like (SEO, SEM, Content, Creative etc.), but do not take on or manage long-term employees.

A solopreneur realizes that hiring a fleet of employees under them is not very scalable in a project-based environment.

What The Numbers Say

According to recent stats, there will soon be around 27million self-employed professionals in the US alone. That is a staggering number and one that seems to be growing quickly. The increase of uncertainty in the job market and the fear of disruption prompt many to reinvent the way they work. In fact, they reinvent themselves.

Entrepreneur-minded people believe that they are better off working for themselves. A solopreneur model allows professionals to better manage the workflow and their financial goals. This sort of independence, while attractive, comes at a price. That price can be very high if you are not aware of your surroundings

Understand Your Environment

First, a solopreneur (or anyone else) needs to be aware of the market in which they are trained and skilled. Before starting a new venture, you must assess the potential of the larger market. 

RELATED ARTICLE: HOW GOES THE MARKET? IT’S RUNNING IN CIRCLES!

For example, a business coach’s experience is primarily focused on working with insurance firms. He had worked in the industry and knew the ins and outs enough to build a solid reputation. He must ask himself if his current environment provides him with ample opportunity to build a sustainable practice. Then, is the market able to support expansion? 

With respect to his region, insurance was the slowest growing industry (not a major contributor to the GDP). So, after some analysis, he was able to position himself as a business coach across both the financial and insurance sectors. Because of his analysis, he was prepared to further develop his niche and expand into other relevant verticals as well.

Understanding your market environment can make the difference for success.

Marketing Your Solopreneur Services

In order for a business coach such as the one mentioned above to be successful, the solopreneur must get more coaching clients. In smaller networks, positive reviews and word of mouth referrals can work wonders for your business. Direct marketing and offering free consultations also set you apart from the crowd.

Understand The Technology Out There

The next few years are likely to welcome new technology. Countless people fail at their key consultant areas because they don’t anticipate the next wave of automation. When this happens, the solopreneur can find that their consulting niche has ceased to exist.

Solopreneur technology
Photo by Franck V. on Unsplash

Solopreneurs must establish a smart work ethic. For example, solorpreneurs must make a habit of watching for new technology that impacts their area of expertise. Work with clients using scheduling tools and automate as much of your non-core process as possible. This will help you scale much faster.

Conclusion

In the world of solopreneurship (coaching/mentoring/consulting), the right set of skills can set you apart from the pack. That is all it takes to be a success. Therefore, in this highly competitive and highly unpredictable world of business, you must work smart and hustle hard to get to the top.

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