Today I would like to tell you about Emotional Intelligence.EMOTIONAL INTELLIGENCE means capability of a person to manage and control his or her emotions and also as well as other persons emotions.In other words it means a person influence the other person's emotions.
Emotional intelligence is a very important skill in a leadership.It has five main elements such as
SELF AWARENESS
SELF REGULATION
SOCIAL SKILLS
EMPATHY
MOTIVATION
What is self-awareness? If you are self-aware of what you are going through, you would be in a better position to understand others, and affect people around you. It also means you are aware of your strengths as well as weaknesses. When you experience anger, hold that moment and think what made you so angry. Keeping a journal always helps.
What is self-regulation? Self-regulation is the next step wherein you think before speaking. It is an important aspect where you can regulate yourself. This will impact others in a positive way rather than in negatively. Hold yourself accountable in case you make a mistake, and try to remain calm in every situation.
What is motivation? When you are motivated to do a series of tasks you will be in a better position to influence others. Work towards your goals consistently. Show your employees how the work is done and lead by example. Even if you are faced with a challenge try and find something good about the situation.
What is empathy? When you are able to put yourself in other’s shoe and think about a situation, it is known as empathy. Every successful leads should know how to empathise with others, if you want to earn their respect.
What are social skills? The last aspect is social skills and it is one of the important aspects. Social skills are all about communicating your point of view to. They are able to build a rapport with others which makes the relationship more comfortable.
Today I would like to share how time management is very important to everyone, time management means how we manage time without waste of any minute because time is more valuable. Time management is a very important activity, it is a process of planning and controlling our specific activities in a short period of time. A good time management process helps to achieve your career goals in a short time period.
Time management process helps too,
Reduce the stress level
Helps to create daily tasks and activities
Helps to complete first things first and last things last
Perfection in activities
More opportunities
More time available
Set a time limit to a specific task
Organize yourself
Remove unimportant tasks or activities
Plan ahead
so many points are coming under the time management
Importance of Time management:
Time management skills are essential because few, if any, of us ever have enough time to do everything that is asked of us, or that we want to do.
Time management is defined as using your time productively and efficiently—but what about when you are working as productively as possible, and you still can’t get everything done? It may be better to think about time management as a combination of working productively and prioritising your time.
In other words, people who are good at time management are good at getting on and doing things. They are also, however, better at prioritising, and working out what really needs doing—and then discarding the other things.
They can do this because they understand the difference between urgent and important.
‘Urgent’ tasks demand your immediate attention, but whether you actually give them that attention may or may not matter.
'Important' tasks matter, and not doing them may have serious consequences for you or others.
For example:
Answering the phone is urgent. If you don’t do it, the caller will ring off, and you won’t know why they called—and it might be important. It may also, however, be an automated voice telling you that you may be eligible for compensation for having been mis-sold insurance. That’s not important.
Going to the dentist regularly is important (or so we’re told). If you don’t, you may get gum disease, or other problems. But it’s not urgent. If you leave it too long, however, it may become urgent because you may get toothache.
Picking your children up from school is both urgent and important. If you are not there at the right time, they will be waiting in the playground or the classroom, worrying about where you are. You may also inconvenience others such as teachers who are waiting with your children for you to arrive.
Reading funny emails or checking Facebook is neither urgent nor important. So why is it the first thing that you do each day? See our page minimising distractions to help you recognise and avoid other things that may distract you from getting your urgent and important tasks done.
This distinction between urgent and important is the key to prioritising your time and your workload, whether at work, at home or when studying.
It enables you to work out what to do first, and what can be left either until later, or not done at all. For example, if you leave an urgent but unimportant task, you may find that it becomes unnecessary.
Using a grid like the priority matrix below can help you to organise your tasks into their appropriate categories:
Today I would like to explain what is customer retention and its importance. Customer retention means we maintain the best possible relationships with customers, for customer retention we need to provide a best value exchanging it creates customer relationships. and when you start a new organization your existing customers believe you and also support you, they can trust you with their money because you can give them the value of the exchange.
What is Customer Retention?
The Customer Retention definition in marketing is the process of engaging existing customers to continue buying products or services from your business. It’s different from customer acquisition or lead generation because you’ve already converted the customer at least once.
The best customer retention tactics enable you to form lasting relationships with consumers who will become loyal to your brand. They might even spread the word within their own circles of influence, which can turn them into brand ambassadors.
The Importance of Customer Retention:
You might have heard that it’s easier and less expensive to retain customers than to acquire them. The most recent statistics indicate that it’s true.
For one thing, you’ll spend five times less money on customer retention.
Additionally, at best, your probability of selling to an existing customer is at least 40 percent more likely than converting someone who has never bought from you before.
Existing customers also spend 31 percent more than new leads, and when you release a new product, your loyal customers are 50 percent more likely to give it a shot.
Those statistics should prove sufficient to compel you to build and test out a customer retention strategy.
Calculate the Customer Retention Rate (Customer Retention Rate Formula)
Few strategies and Techniques for Customer Retention :
MY BLOG: PORTFOLIO MANAGEMENT: HEY PEOPLE Today I would like to explain what is portfolio management and why it is important. Here portfolio meaning is A RANGE OF INVESTME...
Today I would like to explain what is portfolio management and why it is important. Here portfolio meaning is A RANGE OF INVESTMENTS HELD BY THE ONE PERSON OR ORGANIZATION.
What is Portfolio Management?
Portfolio Management defined as it is an art and science of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against performance.
In other words, portfolio management explains a set of investment goals for a particular period of time horizon, to get more returns and to reduce the risk factors in investment options, and it refers to managing an individual’s investments in the form of bonds, shares, cash, mutual funds, etc so that he earns the maximum profits within the stipulated time frame. It is the art of managing the money of an individual under the expert guidance of portfolio managers.
And also portfolio management helps to develop the assets allocation strategy for individual and institutions,it is evaluated and optimize the total accounts , investment plans , scenarios and different types of investments, and it also helps to review the investment goals and change or modify the portfolio if it is necessary for the change.
Why portfolio management is important?
Portfolio Management is important for every individual and organization because it provides a several investment options and maintain their profits and reduce the risk ratio, Portfolio management is important in business because there are factors to consider that affect the success of the project, and thus the organization, as well as unexpected benefits from the investment.
Today I would like to tell you about the importance of the investment in Pradhan Mantri Vaya Vandana Yojana(PMVVY). The scheme is mainly useful to senior citizens above age 6o, in this schemes,, they will get a high rate returns, assured interest rate is 7.4% per annum. The PMVVY provide a pension income payable to senior citizens for monthly, quarterly, half-yearly, and yearly. the scheme provides a minimum pension amount is Rs 1000 and the maximum pension amount is 9250 per month.
Minimum and Maximum rates under PMVVY scheme:
The maximum amount of investment is 1500000. The tenure of the scheme is 10 years. The scheme is available till March 31, 2023. At maturity, the investment amount is repaid to the senior citizen. In the event of the death of a senior citizen, the money will be paid to the nominee. this scheme is highly preferable to senior citizens.
How to invest: This scheme is offered only by LIC for senior citizens (age 60 years and above). Those who want to invest in the scheme can do so online via the LIC website licIndia.in. You can also purchase the scheme offline by visiting the nearest LIC office
Pension payout: PMVVY gives a guaranteed payout of pension at a specified rate for 10 years. It also offers a death benefit in the form of a return of purchase price to the nominee.
If the pensioner lives through the policy term, that is, till 10 years, then he/she will get the purchase price and the final pension installment. However, on the death of the pensioner during the policy term, the purchase price is refunded and is payable to the nominee or the legal heirs.
Today I would like to tell you about the importance of investment in shares. Shares mean when the company needs a more investment then the company divides the required amount into small parts and issued to the public, the small parts are called shares. A share stands as a unit of possession in a corporation or financial asset. Each share signifies a proportionate stake in the equity of a company. You can select from buying large or small shares to match the amount of money you want to invest. A company's share price can accelerate or decrease as a result of its own performance or market conditions.
There are mainly two types of shares:
Equity shares or ordinary shares:
Ordinary shares carry no exceptional or preferred rights. Ordinary shareholders are entitled to share in the earnings of the company. They can vote at the company’s general meeting as well as other official meetings. They are also eligible to participate in any dividends or any distribution of assets on winding up of the company.
Preference shares:
Preference shareholders usually get a significance or 'priority' over ordinary shareholders in terms of payments of dividends or on winding up of the company. There are varying degrees of preference shares having different rights and characteristics. Holders of preference shares are entitled to having a fixed periodic income and have restricted voting rights liable to particular circumstances or particular resolutions; however, this is strictly dependent on the terms of the shares.
Benefits of investing in shares:
Capital Growth
Selling a share for more than you paid for it is known as Capital Gain. This occurs when an individual experiences significant rise in share prices and is one of the long term objectives of investing in shares.
Dividends
Dividend is a cash reward given out to shareholders as part of the profit made by the company at the end of each financial year. The larger the units of the shareholdings one possesses, the more money one receives.
Liquidity
By nature, shares that are listed are a very liquid product and can be bought and sold quickly over an exchange platform. No hassle of involving a broker or transferee and at a relatively low cost as compared to other financial products. Trading on an exchange also allows one to sell part of the share parcels other than redeeming the whole lot.
Shareholder Benefits
Some listed shareholder companies from different market sectors including entertainment, retail, hospitality and financial services offer lavish discounts to shareholders when they buy goods or services from the companies or their affiliates. However in most scenarios, lots of shares need to be owned to qualify for such benefits.
Today I would like to tell you about mutual funds. A mutual fund is formed when an asset management company (AMC) pools investments from various individual and institutional investors with common investment objectives. A fund manager professionally manages the pooled investment by strategically investing in capital assets to generate maximum returns for the investors. Fund managers are professionals in the field of finance with an excellent track record of managing investments and have an in-depth understanding of markets.
Types of mutual funds:
Equity Funds:
Equity funds primarily invest in stocks, and hence go by the name of stock funds as well. They invest the money pooled in from various investors from diverse backgrounds into shares/stocks of different companies. The gains and losses associated with these funds depend solely on how the invested shares perform (price-hikes or price-drops) in the stock market. Also, equity funds have the potential to generate significant returns over a period. Hence, the risk associated with these funds also tends to be comparatively higher.
Debt Funds:
Debt funds invest primarily in fixed-income securities such as bonds, securities and treasury bills. They invest in various fixed income instruments such as Fixed Maturity Plans (FMPs), Gilt Funds, Liquid Funds, Short-Term Plans, Long-Term Bonds and Monthly Income Plans, among others. Since the investments come with a fixed interest rate and maturity date, it can be a great option for passive investors looking for regular income (interest and capital appreciation) with minimal risks.
Hybrid Funds:
As the name suggests, hybrid funds (Balanced Funds) is an optimum mix of bonds and stocks, thereby bridging the gap between equity funds and debt funds. The ratio can either be variable or fixed. In short, it takes the best of two mutual funds by distributing, say, 60% of assets in stocks and the rest in bonds or vice versa. Hybrid funds are suitable for investors looking to take more risks for ‘debt plus returns’ benefit rather than sticking to lower but steady income schemes.
Very Low-Risk Funds:
Liquid funds and ultra-short-term funds (one month to one year) are known for its low risk, and understandably their returns are also low (6% at best). Investors choose this to fulfil their short-term financial goals and to keep their money safe through these funds.
Low-Risk Funds:
In the event of rupee depreciation or unexpected national crisis, investors are unsure about investing in riskier funds. In such cases, fund managers recommend putting money in either one or a combination of liquid, ultra short-term or arbitrage funds. Returns could be 6-8%, but the investors are free to switch when valuations become more stable.
Medium-risk Funds;
Here, the risk factor is of medium level as the fund manager invests a portion in debt and the rest in equity funds. The NAV is not that volatile, and the average returns could be 9-12%.
High-Risk Funds:
Suitable for investors with no risk aversion and aiming for huge returns in the form of interest and dividends, high-risk mutual funds need active fund management. Regular performance reviews are mandatory as they are susceptible to market volatility. You can expect 15% returns, though most high-risk funds generally provide up to 20% returns I explained only some important mutual funds investments.
Today I would like to tell about good investment plans, now we see what is an investment? In today’s world, earning money may not be enough to fulfill your financial goals and take your dreams towards fruition. Instead of letting your hard-earned money lie idle in your bank accounts, you may consider investing in investment options such as stocks, equities, mutual funds, Fixed Deposit, or more.
Investments are three types they are:
Low-risk investments: Low-risk investments are not linked to the stock market movements and are usually governed by the interest rate movements of the financiers. However, there is always the returns are always guaranteed.Government bonds and life insurance policies provide good returns, however, they have long lock-in periods. So, you will have to wait for a long time to earn substantial returns from these investment options. Fixed Deposit is one of the very few low-risk investments that offer stable, high returns and immediate liquidit.
Medium risk investments:These are investments which might have a certain percentage of risk but these also pay higher returns to investors willing to invest in them. Debt funds, balanced mutual funds, and index funds fall in this category. Such instruments do have an element of debt and stability, but they have their volatility linked to the markets which can hamper your principal amount. The irregularity in earnings can make any fixed income from such investment impossible
High risk investment:These are investments where there is no limit to the upside along with the downside of risk-returns. These are stocks of companies, equity mutual funds, even stocks, and derivatives. The return on these instruments can give huge returns as well as chances of losses depending on various external factors to the company and internal ones. The quantity and timing of returns on these instruments are not fixed. Hence, they are at high risk
Different investment options:
Direct equity
Equity mutual funds
Debt mutual funds
National pension system(NPS)
Public Provident fund(ppf)
Bank fixed deposit(FD)
Senior citizens saving scheme
Pradhana mantri Avaya bandana yojana
Real estate
Gold
What you should do
Some of the above investments are fixed-income while others are financial market-linked. Both fixed-income and market-linked investments have a role to play in the process of wealth creation. Market-linked investments offer the potential of high returns but also carry high risks. Fixed income investments help in preserving the accumulated wealth so as to meet the desired goal. For long-term goals, it is important to make the best use of both worlds. Have a judicious mix of investments keeping risk, taxation and time horizon in mind.
Today I would like to tell a story about the importance of time.
This is the story of a lazy man who was a friend of a king. One morning, the lazy man asked the king
“why everyone says that I can’t do anything? and even when I go to get a proper job, everyone refuses me. My enemies have told everyone that I never do any work on time.“
The king said,
“Let’s make a deal. before sunset, you come to my treasury and collect as much gold and pearls as you can. They will all be yours.“
The man rushed towards his home to his wife. He explained everything and then after hearing the husband, the wife said, “Go and get the gold and gems now. Time is gold for you”
The lazy man sat down and said, “I can’t go now, give me lunch first.”
after having lunch, he decided to take a nap but instead, slept for 2 hours. Then, late in the afternoon, he picked a few bags and went towards the king’s treasury. On the way, he felt hot. So, he sat down under a tree to rest and ended up sleeping for another 5 hours.
When he finally reached the palace it was already late in the evening, it was the time for sunset. Therefore, the palace gates had been shut before he could reach there.
He lost the golden chance to get rich just because, he didn’t know the value of the time.
Moral of the Story:
Time is precious. Spend it wisely and stop wasting time on unimportant things.
so don't waste time in lockdown, it leads to problems in the future.
Today I would like to tell you about money management, Money management is the process of expense tracking, investing, budgeting, banking, and evaluating taxes of one's money which is also called investment management. Money management is a strategic technique to make money yield the highest interest-output value for any amount spent.
Eliminate unnecessary costs: make a list of your current bills and their due dates, and pay your bills on time to avoid late fees and penalty charges.
Use online banking to: Set up payment reminders, Schedule future bill payments , and Review your spending.
Set clear goals to help accelerate your savings: write down all the things you’re saving for, then work out how much you need to set aside each month to reach your goals in the timeframe you want then “pay” yourself this amount each month as if it is another bill.
Stick to the Plan: Once you pick a plan, give it a try for at least a month. You need that long to see if it works for you. Anything less, and you won’t see the benefit of keeping an eye on your finances.
Track Your Spending: Small purchases here and there add up quickly, and before you know it, you’ve overspent your budget. Start tracking your spending to discover places where you may be unknowingly overspending.
Make Sure You’re Paying the Best Prices: You can make the most of your money comparison shopping, ensuring that you’re paying the lowest prices for products and services. Look for discounts, coupons, and cheaper alternatives whenever you can.
Contribute to Savings Regularly: Depositing money into a savings account each month can help you build healthy financial habits. You can even set it up, so the money is automatically transferred from your checking account to your savings account.
Today I would like to tell you about the importance of case studies. The most fundamental component of management education is to develop and foster the students' skills to analytically evaluate information. The prime objective of an MBA course is not only to train the students in management but also to prepare them to administer key positions with appropriate skills that can help them in their workplace. Hence, it is essential that MBA students be trained in live organizational settings with the help of case studies.
The golden rule of approaching any case-study is – “Stop getting scared of the size of the case and the number of pages, words, etc.” On the contrary, the lengthier the case is, the better it is for approaching a conclusion. When it comes to subjects such as Quantitative Techniques, Accounting for Managers, Operation Management, and other disciplines, lengthier cases aid you with more and more information, and hence solving them becomes a walk in the park.
Case Studies represent an opportunity to spread the benefit of knowledge across the physical boundaries imposed by looking at one case, in one place, at one time. It's not so that fingers can be pointed at 'incorrect' treatment but instead so that geographical differences in practice can be highlighted, for example, or clearer descriptions are reached to explain a case more completely and accurately.
A case is basically a story. A case recounts events or problems in a way that students can learn from their complexities and ambiguities. The students can learn from the original participants in the case, whether it is business people, doctors, or other professionals.
we need different types of skills , that skills help you to solve the cases, they are initially we need listening skills and reading skills, we had known problem-solving techniques , analytical skills, logical thinking. you should read the case with concentration, it helps to convert theory into practice.
Today, I would like to tell you about creative thinking. Creative thinking is the ability to invent and/or create something new: be that a concept, a solution, a method, a work of art, or an actual, physical device. Creative thinking is based on looking at things in a new way that hasn’t previously been considered. That’s why it’s often described as “thinking outside the box.
Why creative thinking is important? Creativity will always be in high demand as it is not something robots can replace easily! By developing this skill, individuals differentiate themselves from other candidates.
Why creative thinking is important in business?
Creative thinking helps you stay one step ahead:
Creativity is vital to the success of your business. In fact, experts even go as far as to say it is one of the most important factors to the success of your business. And they want to always stay one step ahead of their competitors so they can beat them to the chase for the next big thing.
Creative thinking helps to problem-solving:
Creative thinking can help you decipher the easiest and most valuable solution needed to solve your problem. In turn, this can have a more positive impact on your business as the problem is handled smoothly and efficiently. Businesspersons and business owners must have creativity it helps to solve the different problems in their business.
Creative thinking helps to increase productivity:
one of the most important aspects of a business is increased productivity. It is needed to ensure that demands are met and that customers are happy. Stimulating creativity leads employees to new and unknown territories, and as a result, it leads to increased productivity of the entire organization.
Creative thinking helps to proper communication:
If you develop your creative thinking skills, you can easily find a good solution to any problem. But no one will know it if you never spread your ideas. You always need a good listener, who can help you in understanding the problem. And as you already know, assuming the problem is the key to success. If you genuinely feel the problem, you can quickly come up with an exceptional solution.
Creative thinking helps to freedom:
There is no right or wrong way to be creative. When we create, it gives us the opportunity to engage with the world without judging ourselves. To return to the feeling of freedom we may have experienced during childhood. Where we did not have to know or be an expert. It gives us permission to take risks, try new things, and strip away inhibitions in a healthy way.
Today I would like to explain about the importance of critical thinking.Critical thinking is the ability to think clearly and rationally about what to do or what to believe. It includes the ability to engage in reflective and independent thinking.
Importance of critical thinking:
Critical Thinking Is Universal:
Critical thinking is a domain-general thinking skill. What does this mean? It means that no matter what path or profession you pursue, these skills will always be relevant and will always be beneficial to your success. They are not specific to any field.
Better Decision Making:
There’s no doubt about it — critical thinkers make the best choices. Critical thinking helps us deal with everyday problems as they come our way, and very often this thought process is even done subconsciously. It helps us think independently and trust our gut feeling.
Critical thinking allows Creativity:
Critical thinkers are also highly creative thinkers, and see themselves as limitless when it comes to possibilities. They are constantly looking to take things further, which is crucial in the workforce.
Critical thinking used to Problem Solving Skills:
Those with critical thinking skills tend to solve problems as part of their natural instinct. Critical thinkers are patient and committed to solving the problem.
Critical thinking is excise for the brain:
Just like our muscles, in order for them to be strong, our mind also needs to be exercised and challenged. It’s safe to say that critical thinking is almost like an activity for the mind — and it needs to be practiced. Critical thinking encourages the development of many crucial skills such as logical thinking, decision making, and open-mindness
Today I would like to tell you about what amazon says about creating a seasonal job.
This will be a variety of roles in their fulfillment centers and delivery network including part-time flexible work opportunities as independent contractors with Amazon Flex, it said in a statement.
Amazon India on Friday announced that it has opened close to 50,000 seasonal roles to meet the surge in demand from people relying on its service, particularly those most vulnerable to being out in public.
This will be a variety of roles in their fulfillment centers and delivery network including part-time flexible work opportunities as independent contractors with Amazon Flex, it said in a statement.
They will join thousands of associates and assist them to pick, pack, ship, and deliver customers' orders more efficiently, it said.
One thing we've learned from the COVID-19 pandemic is how important a role Amazon and eCommerce can play for our customers as much as for small businesses & the economy, said Akhil Saxena, VP, Customer Fulfilment Operations, APAC, MENA & LATAM, Amazon
Today, I like to tell you the benefits of doing an internship, An internship is a good introduction to the career you may want to pursue. Internships are typically arranged through an educational counselor who can help match you to a company that fits your career goals.
An internship is a hired introductory position for a defined period. They can be paid or unpaid, as the main purpose is for the intern to gain experience. You typically apply for an internship during undergraduate or graduate studies in your chosen field, and then work for a company for one or more months, either full-time or part-time. You might work as an intern over a summer or during a semester or quarter with your classes. Some internships allow you to receive college credit upon completion.
Now I want to show the benefits of doing an internship:
Job experience, Research experience, Create a professional network, Build a strong resume, Transition to a permanent job, Build confidence, Learn from others, compensation, and Gain professional feedback
Today I would like to tell you the best procedure to start a new startup. If you are dreaming about starting your own company, but you don’t know exactly what it is you want to do or if it’s even the right time, use your time to study. Starting a fast-growing tech business is incredibly challenging, and requires a variety of skills.
Now that you’ve studied hard and really gotten deep into a particular discipline, it’s time to broaden your skillset. While it’s critical to become deeply skilled in one area of the business, the required skill-set to start and run a company is much more varied.
I want to explain a few more steps to start a new business, these steps are used to new entrepreneurs those who want to start a new business.
1.MAKE A BUSINESS PLAN:
First, you need to make a plan, that is' what is my product or service, when you want to start a business, how much you want to invest in your business, and why you want to start a business'. first, you need to fill the answers for the above questions and follow up on the below diagram.
FBS b school
2. SECURE APPROPRIATE FUNDING:
You’ll need adequate capital to get yourself off the ground. There’s no magic number that applies to all businesses. The startup costs will obviously vary from industry to industry, so your company may require more or less funding depending on the situation. The cost of doing business is much higher than people initially think. Let’s circle back to our business plan for a minute. All business plans contain a financial plan. This plan usually includes:
Balance sheet
Sales forecast
Profit and loss statement
Cash-flow statement
3.RECRUIT THE RIGHT PEOPLE:
You’re going to need some help while launching your startup company. So where do you start?
Certain people often get overlooked when entrepreneurs are getting their business started.
4.SELECT LOCATION:
Your startup needs a physical address as well as a perfect location. Whether it’s offices, retail space, or a manufacturing location, you need to buy or lease a property to operate your business. You should strategize for this in your business plan. Try to secure enough funding so that you can afford to buy a property. It’s worth the investment and will save you money in the long run.
5.MARKETING:
If you’re not a marketing expert, you need to become one.You might have the best product or service in the world, but if nobody knows about it, then your startup can’t succeed.Learn how to use digital marketing techniques like:
Content marketing
Affiliate marketing
Email marketing
Search engine optimization (SEO)
Social media marketing (SMM)
Search engine marketing (SEM)
Pay-per-click advertising (PPC)
If you’re starting a small business in a local community, you can take advantage of some older and conventional methods such as:
Print advertising
Radio advertisements
Television
Billboards.
6.BUILD A CUSTOMER BASE:
If you’re following this plan in order, the good news is that you’re already on the right track to building a customer base. Starting a website, growing your digital presence, and becoming an effective marketer are all steps in the right direction. But now it’s time to put these efforts to the test. Open your doors (or website) for business. Getting a customer to make a purchase is the first step. But this isn’t nearly enough. You need to keep your customers coming back. This statement holds true for physical store locations as well as e-commerce businesses.
7.PREPARE FOR ANYTHING:
Expect the unexpected. Launching your startup company won’t be easy, and you need to plan for some hurdles along the way. Don’t let these speed bumps become roadblocks. You can’t get discouraged when something goes wrong. Preserve and push through it. The difficulties that you’ll face while launching your startup company will help prepare you for the tough road ahead.
I would like to tell you about the benefits of book reading.reading is a good habit for everyone, reading means book reading, news reading, articles reading and magazines, etc.
Highly successful people read enormous information .it is by far the most common habit of almost every successful person there is. They make it a point to read in spite of their busy schedule.
Now I want to show you the benefits of book reading: they are,
Reading makes you smarter:
Reading helps you to be a better you, Through reading, you can have a better understanding on a topic that interests you, This will help you to become better, As you all know books gives a lot of knowledge and information, which can be really very beneficial, As it says Knowledge is the key to success and hence having knowledge about life, about different things will help you to move ahead in life and will make your brain sharper and make you smarter. Knowledge gives you the better understanding, Reading is an effective memory booster, Reading and memory are an interrelated concept when you are reading; you are training your brain, and reading gives wisdom to your mind.
Reading increase creativity and imagination:
Reading your imagination and Creativity increases, It gives you different ideas and understanding, Good reader from the young age can become a good writer, Reading sparks the imagination, When you read, you are taken into the new world, This thing nurtures your brain to develop ideas for new worlds and other possibilities, this sparks the imagination. Reading helps you to understand differently.
Vocabulary and knowledge expansion:
When reading books, you might come across a few words you don’t quite understand or even recognize. This confusion can lead you to look up the word and discover the definition. Because you didn’t know the word, to begin with, the act of searching for the definition helps your brain retain that new and exciting word, i.e. vocabulary expansion. Consider how far your vocabulary has come since you first learned to read. You now know many new words that are more intelligent sounding than when you first started your reading habits.
Memory improvement and better focusing:
Though it has been mentioned earlier about how reading books can improve concentration and critical thinking, there is another part of mental health that helps to improve. Our minds are thinking of a million different things all the time. Reading at least a little each day can improve your focus and your memory function. Your focus is strengthened because it requires focus to read. When sitting down to read a book or magazine article, you will not understand what you are reading unless you’re focused.
Stronger analytical skills:
A typical “whodunit” which many readers find so enthralling poses a mystery that is a challenge for readers to solve, which helps develop their analytical skills. It is thrilling to read a mystery and try to solve the mystery yourself. Even if you don’t solve it, you still practised your critical and analytical thinking in the most pleasurable way
Boost your sleep:
Did you know that reading books can also help with your sleep? No, this doesn’t mean that it helps you fall asleep, but it does contribute to improving your overall sleep quality, pattern, and restfulness. Reading, since it enables you to relax and de-stress, can help pull you into a deep and peaceful sleep. That sounds like it might be too good to be true, but reading can, in fact, help you fall asleep.
Free entertainment:
Isn’t it great that you can have yourself transported to a different world through a well-written book at no cost to yourself? Books are pricey, but you don’t have to buy them. There are libraries where books cost nothing and secondhand books stores where they cost next to nothing, in addition to an online resource where you can download free e-books.
Reading is a workout for your brain:
There’s a difference between passively watching television and actively reading.
When you’re reading, you’re training your mind to focus on new information and take it in. As mentioned earlier, this improves analytical skills and memory.
It means that reading becomes a workout for your brain
I would like to tell you about a "leader" and a "boss".
Leadership is not about putting greatness into people, leadership is about recognizing that there's greatness in everyone and leader job is to create an environment where that greatness can emerge. What is leadership? A simple definition is that leadership is the art of motivating a group of people to act toward achieving a common goal. In a business setting, this can mean directing workers and colleagues with a strategy to meet the company's needs.
Put even more simply, the leader is the inspiration for and director of the action. They are the person in the group that possesses the combination of personality and leadership skills to make others want to follow their direction.
Now we see the difference between a capable boss and a potential leader is one
Boss: says-Do the work Leader: says-Let us do the work Boss: says-Yes, I achieved it Leader: says- Yes, we achieved it Boss: Manages his employees Leader: Inspires his employees leading from the front Boss:says-I know it all Leader:says-I should learn this from you Boss: Talks more Leader: Listen more Boss: Criticize his employees Leader: Encourage his employees Boss: Points out weaknesses Leader: Recognizes his employee's effort Boss: Puts blame on others for failure Leader: Takes responsibility for the failure Boss: Uses his employees Leader: Develops his employees Boss: Takes credit for the success Leader: Gives credit for the success Boss: Is your Boss Leader: Is your colleague Boss: Focuses on getting the work done Leader: Focuses on teams well-being leader Boss: knows how work is done Leader: shows how work is done Boss: shows who is wrong Leader: shows what is wrong
Boss: has employees Leader: has followers
"If your actions inspire to others dream more , learn more , do more and become more, you are a Leader."
I would like to tell you about three P's means: Positive attitude, Positive thinking, and Positive vibes.
Positive attitude:
A positive attitude is essential to happiness, joy, and progress in life. This state of mind brings light, hope, and enthusiasm into the life of those who possess it
Adopting it in your life does not mean that everything will always move smoothly and there will bo no umps on the road. However, it ensures that any setback you might ensure that any setback you might encounter will not stop you or change your state of mind and that you will go on, try again, and do your best despite any setback.
A positive attitude means:
here are a few definitions: they are
The willingness to try doing new things
The positive attitude that helps you see the good in people
It is a mental attitude that focuses on the bright side of life.
A positive attitude is a mindset that helps you see and recognize the opportunities
It is a mindset that uses the words, "I can" and "it is possible"
Positive thinking:
positive thinking helps with stress management and can even improve your health. practice overcoming negative self-talk
the health benefits of positive thinking :
Researchers continue to explore the effects of positive thinking and optimism on health. health benefits that positive thinking may provide include:
Increased life span
Lower levels of distress
Lower rates of Depression
Better coping skills during hardships and times of stress
Better psychological and physical well being
Positive vibes:
vibes: it actually means the feeling that someone or something gives you. so positive vibes mean the positive feelings that you get from someone or something.
Nine positive vibes you can pass on to others or received from others: they are
