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Tag: Business Tips

  • 8 Powerful Lessons from Robert Herjavec at Entrepreneur Level Up That Every Founder Needs to Hear | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    At the recent Entrepreneur Level Up Conference, entrepreneurs from across the country gathered to gain strategies, inspiration and practical insights from a lineup of well-known successful entrepreneurs. I was honored to host the conference and partner with Entrepreneur.

    One of the headliners, Robert Herjavec — investor, entrepreneur and star of Shark Tank — delivered a keynote packed with wisdom for founders navigating today’s unpredictable business landscape.

    Herjavec’s insights were not abstract theories. They were hard-earned lessons forged in the trenches of entrepreneurship — lessons that spoke directly to the challenges and aspirations of the audience.

    Here’s a breakdown of his most impactful takeaways.

    Related: Want to Be a Better Leader? Show Employees You Care.

    1. Every answer opens a door to opportunity

    Herjavec emphasized that opportunities rarely arrive neatly packaged. They often hide in conversations, questions or unexpected feedback.

    “Every answer opens a door to opportunity,” he said.

    The message was clear: curiosity is a growth engine. Entrepreneurs who remain curious — asking questions and seeking insights — often discover pathways others overlook. Instead of dismissing a “no” or a difficult response, Herjavec urged attendees to look for the opportunity behind it. Sometimes, the follow-up question or the willingness to listen more deeply is what transforms rejection into possibility.

    2. Evolution, not revolution

    The myth of entrepreneurship often celebrates the “big idea” that transforms an industry overnight. But Herjavec reminded the audience that this is rarely the case.

    “Most businesses evolve — they’re rarely revolutions.”

    He explained that while breakthrough innovations capture headlines, the majority of sustainable businesses are built on incremental improvements, better execution and adapting existing ideas to new markets.

    For entrepreneurs, this means it’s okay if your business doesn’t feel revolutionary from day one. What matters is staying committed to evolving, improving and listening to the market.

    3. Adaptability is non-negotiable

    If there was a central theme in Herjavec’s talk, it was adaptability. He described winning businesses as those that thrive on adaptability — not just to survive shocks, but to seize growth in changing conditions.

    “When knocked down, resilience plus adaptability equals survival.”

    He acknowledged that setbacks are inevitable in entrepreneurship. The real test isn’t whether you’ll face challenges, but how you respond to them. Entrepreneurs who can adapt — whether by shifting strategy, reinventing a product or rethinking how they serve customers — are the ones who endure.

    4. The founder sets the tone

    Herjavec didn’t shy away from a sobering reality: when businesses struggle, the root cause often lies with leadership.

    “Show me a business in trouble, and I’ll show you a founder who has lost their way.”

    He explained that when leaders lose focus, passion or clarity, the organization inevitably follows. A founder’s vision and energy cascade down into the culture, decision-making and execution. If leaders drift, so does the company.

    For entrepreneurs, this is a call to self-reflection. Protect your clarity of purpose. Revisit why you started. And remember that your team looks to you not just for direction, but for inspiration.

    5. Success is never accidental

    While luck can play a role in any journey, Herjavec stressed that sustainable success is never accidental.

    Behind every thriving business is intentionality — clear strategy, deliberate choices and consistent effort. He encouraged entrepreneurs to resist the temptation of shortcuts and quick wins, instead focusing on building systems and cultures that create lasting value.

    This doesn’t mean every decision will be perfect, but it does mean success comes to those who plan, prepare and execute with purpose.

    Related: 5 Strategies for Leaders to Future-Proof Their Workforce

    6. Rethinking sales

    As an entrepreneur who built and scaled a successful cybersecurity firm before becoming a television investor, Herjavec has lived through countless sales conversations. His perspective on sales was refreshingly straightforward.

    “Sales equals uncovering client needs plus communicating how you meet them.”

    He stressed that sales isn’t about pushing a product, talking endlessly or forcing a solution. It’s about understanding — truly listening to what clients need — and then clearly showing how your business delivers value.

    Equally important, he warned against the temptation to oversell.

    “Don’t oversell. Selling should feel natural: Am I providing value?”

    In Herjavec’s view, sales is not about persuasion, but about alignment. When entrepreneurs shift their mindset from “closing deals” to “creating value,” selling becomes easier, more authentic and ultimately more successful.

    7. Resilience is the entrepreneur’s superpower

    Beyond adaptability, Herjavec spoke passionately about resilience. Entrepreneurship, he reminded the audience, is a marathon, not a sprint. The journey is filled with failures, rejections and setbacks that would crush many people.

    But successful entrepreneurs are defined not by how often they fall, but by how quickly and effectively they get back up. Resilience isn’t just about surviving adversity — it’s about using it as fuel to keep moving forward.

    8. Putting it all together

    When woven together, Herjavec’s insights form a practical framework for entrepreneurs:

    • Stay curious. Every question or answer could unlock a new path.
    • Focus on evolution. Businesses rarely transform the world overnight; they grow through steady improvement.
    • Prioritize adaptability. Resilience plus the ability to adapt equals survival.
    • Lead with clarity. A founder’s vision shapes the trajectory of the business.
    • Be intentional. Success is the product of strategy, not accident.
    • Sell by serving. Sales is about listening, uncovering needs and providing genuine value.
    • Build resilience. Setbacks aren’t the end; they’re the training ground for growth.

    For the entrepreneurs in the audience, these weren’t just abstract principles. They were reminders that the entrepreneurial journey — while hard — is navigable with the right mindset and tools.

    Conclusion: The path forward

    Robert Herjavec’s keynote at the Entrepreneur Level Up Conference reinforced a timeless truth: entrepreneurship is not just about great ideas, but about great execution, resilience and human connection.

    His words served as both a challenge and an encouragement. The challenge: entrepreneurs must remain vigilant, adaptable and intentional in their leadership. The encouragement: success is within reach for those willing to evolve, listen and persist.

    For every founder wondering how to navigate uncertainty, Herjavec’s playbook is simple but powerful: stay curious, adapt relentlessly, lead with clarity and always create value.

    At the end of the day, business isn’t about luck or shortcuts — it’s about resilience, adaptability and the courage to keep showing up

    Don’t miss out next year — Click here to add your name to the Level Up waitlist and secure early access to tickets & updates.

    Ramon Ray

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  • 3 Untapped Industries Booming With Economic Growth | Entrepreneur

    3 Untapped Industries Booming With Economic Growth | Entrepreneur

    If you asked the average person to list all the things that drive economic growth, “Wall Street” (or some variation) would probably be right at the top. But while that may be true to a certain extent, it’s equally valid to point out that hidden gems drive that same growth in some of the most unexpected places.

    Paying closer attention to some of these hidden gems creates an opportunity to better understand how far we’ve come and where we might be headed. It proves that the economy is changing positively, provided that you know where to look for this evidence. It’s also a positive sign that this new level of economic growth will continue, that it will be less reliant on things like Wall Street, and that it will have more to do with the new frontiers that are cropping up all around us all the time.

    1. Video games are ready for prime time

    Video games, once a niche form of entertainment that used to be considered an afterthought or a “fun escape” for many people, now generate billions of dollars. More than three billion people play video games across the globe. In the U.S. alone, the video game industry has more than tripled in size over the last decade. According to one recent study, the annual growth rate of video games, in general, is expected to hit 8.76% between 2024 and 2027. The global market will be worth about $363 billion at that time.

    Modern technology and the expectations of audiences haven’t just reshaped video games. They’ve left an indelible mark on the entertainment and media landscapes as a whole. Virtual worlds like Fortnite are home to digital marketplaces, each with its own virtual economy. This has blurred the lines between “play” and “commerce” in a big way. Over the last several years, eSports tournaments have become incredibly popular as well, drawing record-breaking viewership and sponsorship opportunities. The global eSports market is anticipated to hit $4.3 billion in revenue by the end of 2024. Between 2024 and 2028, that number will grow roughly 7% yearly.

    How the Demand for Video Games is Growing

    The Entertainment Software Association has been tracking the rising demand for video games throughout 2023. Interestingly, they discovered that the top video games of the year outperformed the top movies of the year at the box office. They also tracked the rising demand for games across the 2023 holiday season and found 72% of kids were likely to ask their parents for video game-related gifts.

    Video games have existed for a long time, and their appeal has reached the point where it is cross-generational. The first kids who grew up with the earliest video game systems now have more disposable income than ever and are having children of their own. This means that as impressive as the above numbers are, they’re only going to get stronger over the course of the next decade.

    By acknowledging the long-term, high-paying employment potential of video game development and the growing popularity of the video game industry as a whole, states can strategically position themselves to harness the burgeoning power of this evolving entertainment sector. Incentivizing the video game industry through tailored tax incentive programs, similar to successful models seen in regions like Quebec, can foster job creation, talent attraction, and economic growth without excessively favoring singular projects over sustained development efforts.

    2. Fintech is changing loan processing

    The housing industry is also going through something of a tech-driven revolution, particularly in the United States. There’s been a lot of buzz about the technology behind more efficient and sustainable homes these days. However, there’s been less buzz about where the real impact is: loan processing.

    Many financial technology companies now offer solutions to help empower loan officers as much as possible. Not only do they embrace concepts like automation to help streamline processes and free up valuable time, but they also create a more efficient, more competitive mortgage market as well. The easier it is to approve a loan, the easier it is for people to get them. This increases competition in the market, which is ultimately better for both consumers and professionals alike.

    This also helps to inject capital into local communities where it can have the biggest impact. It helps boost homeownership rates, which is good for both specific areas and the whole country. The more people there are who buy homes and live in an area, the more economic activity there is. People bring in jobs and spend money, which makes it all a better place for everyone. This also goes a long way toward fueling construction and related industries.

    How Fintech is Improving Processes

    One example of a company that is doing well in this space is Canopy Mortgage. They offer user-friendly technology that makes the loan process as simple as possible for everyone involved. Applicants can upload essential documents from mobile phones, tablets, or computers. They can see their loan progress 24 hours a day, seven days a week, to ensure they’re always in the loop about what is happening.

    Once that information is in the system, it can be tracked as easily. Because everything is so straightforward and is easily shared securely, this also frees up the valuable time of loan officers. This way, they can focus on those matters that truly need their attention. All this, and they have a highly competitive structure that allows them to offer great rates and low fees.

    Canopy Mortgage is just one example of a company that is making an impact in this space, but rest assured that there are many more. This will especially be true as FinTech companies begin to pay more attention to the housing market as its prominence increases over the years.

    3. The Era of the Rooftop is Upon Us

    Speaking of the housing market, no list of the “hidden gem” drivers of economic activity would be complete without a mention of rooftops. They’re something that most people don’t think too much about. But, this is a trend that has actually been building for quite a while.

    As populations continue to grow, the need for housing becomes pressing. More homes are built, which slowly but surely chips away at the amount of available green space in an area. For a while, this level of urbanization wasn’t that big of an issue. But with recent studies indicating that a lack of green spaces in cities leads to higher mortality overall and worse child development, it has become clear that something must be done. This is before you even get into the major push for sustainability that we see countless examples of.

    How Rooftops are Contributing to Economic Growth

    Enter rooftops. What were once quirky green experiments are now the perfect example of just how far thinking outside the box can truly take you. Urban farms like Brooklyn Grange are now growing (no pun intended) into full-fledged businesses. Brooklyn Grange was originally founded in 2010 and has since become the leading rooftop farming and intensive green roofing business operating anywhere in the country today. It utilizes rooftops to help build green spaces. Additionally, as a business, it also hosts educational programming, events like weddings, and more.

    These types of farms have also gone a long way toward creating local food economies. In the case of Brooklyn Grange, it has increased access to locally grown produce in New York City. Other rooftop farms are cropping up worldwide, particularly in highly populated areas and major cities. But more importantly, these rooftop projects also help reduce a community’s reliance on industrial agriculture. There is nothing against industrial agriculture — it’s just that the last few years have shown us exactly how quickly things can become problematic when the large global supply chain is unexpectedly disrupted.

    Overall, these farms help to generate an enormous amount of revenue for those involved. This inevitably leads to economic growth since they also create jobs and offer sustainable food options to communities that may not otherwise have access to them. They do this all within the same urban environments that people have come to depend on. Unlike the urbanization that took away the green spaces in the first place, rooftop farms aren’t eliminating anything at all. They’re simply taking what was already there and building upon it instead of taking something away that you might never be able to return.

    Economic Growth Found In Unexpected Places

    In the end, these are just a few of the many examples of how industries that most people are still not paying nearly enough attention to are driving economic growth. On the surface, sectors like video games and loan processing seem vastly different. But the through line is clear: they help to highlight a versatile economic expansion that can happen virtually anywhere. And, it can happen at any time if the conditions are right.

    When the first virtual marketplaces cropped up over the course of the last 20 years, few could have predicted what they would become. Initially, many were skeptical — who would want to pay real money for digital goods and services? Today, the revenue generated by in-app purchases in gaming is expected to hit $249.9 billion as soon as 2027.

    From a new generation of empowered borrowers to rooftop harvesters and everyone in between, these are perfect examples of how the financial landscape’s future is being reshaped, albeit quietly. They also collectively go a long way toward proving that innovation and community will always win out in the end. They will bear fruit if given enough resources and time — even if it starts to happen in the places you least expect.

    Featured Image Credit: Photo by Christina Morillo; Pexels; Thank you.

    The post 3 Untapped Industries Booming With Economic Growth appeared first on Due.

    Deanna Ritchie

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  • 4 Areas of Your Business to Prioritize Data Investment in to Help Grow Your Business | Entrepreneur

    4 Areas of Your Business to Prioritize Data Investment in to Help Grow Your Business | Entrepreneur


    Your company is awash in data. In today’s digital age, business data comes from various sources, including customer interactions, sales figures, social media metrics, and operational statistics. E-commerce giants like Amazon track user behavior, purchase history, and browsing patterns to personalize recommendations and enhance user experience. Healthcare organizations utilize data from patient records, clinical trials, and wearables to improve treatments and develop innovative solutions. But what about your business?

    This abundance of data presents opportunities and challenges for businesses striving to extract meaningful insights and make data-driven decisions. You’re probably asking, “Which data is most important, though?” That’s a key question to answer, especially if you want to make smarter business choices. Though all data has some value, you want to prioritize the data that will enable you to be faster, smarter, and more competitive. When you do, you can increase the efficiency of your team and hopefully grow your business.

    This isn’t just theory. In early 2023, Google Cloud asked Harvard Business Review to conduct a survey for its organization. The survey showed that 81% of the companies that successfully navigated the economic upheaval of the pandemic years were serious about investing in data. A full 58% focused heavily on AI solutions as well.

    The point here is clear: to be in the winner’s circle, you can’t afford to ignore your data. Yet you don’t need to treat all data as equally important. Your goal should be to pick and choose areas to harness your data to give you more decision-making confidence. Not sure which areas to concentrate on first? The following four should all benefit from routine data collection and evaluation.

    1. SEO Efforts

    Trying to outrank other businesses and websites for keywords is only getting more demanding. Even if you follow Google’s general SEO starter guidelines to the letter, you may only get a modest amount of traction. To rank more quickly for keywords and give your SEO efforts a lift, turn to data. Utilizing data-driven keyword research tools and analytics that track user search behavior and competition metrics can provide invaluable insights to refine your keyword targeting strategy.

    One way to leverage keyword data is by using it to plan and organize your content. Consider creating content pillars for publishing blog articles, web pages, and other owned content. Content pillars include pillar pages built upon strong keywords. Other pages can then be written as extensions of the pillars, creating an authority-heavy network of interrelated content. As marketing strategy platform DemandJump explains, using pillar-based marketing can grow your topical authority. Rather than trying to come up with keywords on your own, you can rely on a data-rich platform to recommend keywords based on your company’s products or services.

    In addition to content pillar marketing, you can also leverage data during other SEO practices like backlinking. Organic backlinks help show your dominance and legitimacy to search engine crawlers. You’ll need a way to monitor them and ensure they’re coming from authority-rich places, though. Therefore, it’s worthwhile to invest in a SaaS platform or application that can monitor your backlinks in real-time. That way, you have more control moving forward and be able to keep making smart SEO moves based on numbers, not instincts.

    2. Financial Data

    Financial data should form the backbone of strategic decision-making for any business. Utilizing this type of data effectively helps business owners gain insights into revenue streams, cost structures, and overall financial health. If you want to turn a profit, you really can’t ignore these numbers. By leveraging tools for financial analysis and forecasting, you can make informed decisions to optimize profitability, manage cash flow, and allocate resources.

    For example, examining financial data trends can help you identify areas of high and low performance within different product lines or services. This allows business owners or CFOs to strategically allocate resources to their most profitable ventures while reevaluating underperforming areas. You’d avoid wasting money and time by ensuring you prioritize your money makers. There are many tools you can use to make keeping track of this data easier. Tools like QuickBooks can track expenses, revenues, and cash flow in real-time.

    As an added bonus, financial data analysis also aids in risk management and strategic planning. By carefully examining historical data and market trends, you can forecast potential risks and opportunities. This allows you to take proactive measures to reduce risks and capitalize on emerging market trends. Overall, leveraging financial data ultimately leads to sustainable business growth and profitability. If you’re not closing examining these numbers, set aside time to do so.

    3. Customer Service Approaches

    Another area where data can be your best friend is your customer service department. For instance, a predictive data software solution can anticipate problems before they arise by spotting trends. This makes you more able to put measures in place to avoid costly problems, such as foreseeable customer returns.

    With improvements in generative AI, the customer service data you amass can be more than just numbers. Consider generative AI transcription software as an example. This type of software can be trained to understand customer language and interpret tones. CMSWire reporting notes that customer service representatives who rely on generative AI in a “copilot” capacity feel like they’re able to be 14% more productive. Plus, they’re less likely to want to leave, which is a boon for your company if you’ve dealt with constant agent turnover.

    Happy, satisfied customers are those whose issues get handled right away with a minimum amount of friction. If you’re struggling to keep buyers from churning, putting money into being more data-driven in your customer support workflows makes sense. By harnessing data to predict customer needs and behavior, you can proactively address issues, personalize experiences, and preemptively provide solutions. This helps foster stronger relationships and loyalty, ultimately reducing churn rates significantly.

    Take a moment to walk through your customer journeys to begin. You’ll soon find areas where data innovations (and maybe generative AI products like agent assistants and chatbots) can address gaps. Once those gaps are filled, you should experience less customer dropoff. At that point, you can start to make changes aimed at improving your existing customer service now that you have a baseline to work from.

    4. Employee Engagement Strategies

    If you’ve been following Gallup’s yearly employee engagement polls, you know that active worker engagement has dropped to 32%. At the same time, disengagement is up to 18%. To avoid having teams of unhappy staffers, use data in creative ways to improve the employee experience.

    Case in point, you may want to elicit employee feedback through anonymous surveys or small-meeting focus groups. With the insights you glean, you can begin to build a database that reveals the engagement level throughout your workforce. Be sure to pick out a few key performance indicators to measure, too, such as historic turnover rates and absenteeism rates.

    In time, you’ll be able to get a benchmark reading of your employee engagement. From that point, you can begin to take measures to nudge it upward. As an example, you might begin to routinely recognize and reward employees to see if it produces a measurable effect. Remember: Engaged employees are more loyal and are better suited to be champions for your brand. With data, you can better understand how to keep high performers from leaving and help them reach their full potential.

    Informed Decisions Benefit Your Business

    Every day, you and your team members are going to have to make big and small decisions. Being able to use data as a guide allows everyone to move ahead with more assurance and keep your organization on the right track. Data keeps everyone on the same page and provides insights you wouldn’t otherwise have. It’s worth taking your time to explore and understand the data you have available.

    Featured Image Credit: Photo by Karolina Grabowska; Pexels; Thank you. 

    The post 4 Areas of Your Business to Prioritize Data Investment in to Help Grow Your Business appeared first on Due.



    Deanna Ritchie

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  • How to Make the Most of the Hours in Your Day | Entrepreneur

    How to Make the Most of the Hours in Your Day | Entrepreneur


    At one point in time, you’ve probably heard (or used) the phrase, “There aren’t enough hours in the day.” It’s a common expression that basically means you have too much to do and not enough time to do it. We all know what it feels like to have too much on our plates. Like it or not, life can get busy. But with the right strategies, you can truly make the most of every minute.

    Are you ready to master time management and increase productivity so that you can make the most of the hours in your day? Here are six tips to maximize your time and minimize distractions.

    1. Use Productivity Software

    To make the most of the limited hours in a day, planning ahead and sticking to a schedule is key.

    There are so many ways to go about this nowadays that you may feel overwhelmed by your options. Some people prefer to use physical calendars; others might create lists and set reminders on their phones. Productivity software is an excellent option because these tools are designed with productivity and organization in mind.

    Online scheduling tools such as Calendar.com, Microsoft Calendar, and Google Calendar have countless capabilities to help you stay organized. You can time block and color code different activities (e.g., blue for personal meetings and red for work meetings). You can also set reminders, schedule recurring meetings, sync calendars with teammates, and so much more.

    Online scheduling tools are only getting smarter, too. Using AI and machine learning, many online calendars become more unique to you the more that you use them. Once you habitually use a scheduling tool, you’ll see that it does the heavy lifting for you.

    2. Start Time Blocking

    When you start using a digital calendar, you’ll likely start time-blocking. Time blocking is one of the main reasons for keeping a calendar, and it has several benefits. This strategy allows you to plan each hour of your day using “blocks” for various activities. Scheduling every aspect of your day (breaks included) helps you stay on task and get a lot done. How much time you assign to each task is entirely up to you, so it also allows you to be in control of your day.

    Time blocking is a great way to plan your days, but it also helps you understand how you’re spending your time. When you don’t have a tool that enables you to visualize your day, the days start to blend together. You can make improvements if you can see how you’re spending your time. This helps you become more productive and use your time better.

    For example, if you notice that work meetings are taking over your calendar, you can make changes to fix this. Determine if any meetings are unnecessary, could be shorter, or could occur bi-weekly instead of weekly. On the other hand, let’s say you have two hours blocked off for lunch but find yourself working toward the end. Maybe you only need an hour for lunch. The more accurate your calendar is, the more efficiently you’ll spend your time.

    3. Set Boundaries and Limit Distractions

    Managing your time seems pretty easy once you learn the tips, tricks, and strategies to do so. Unfortunately, when actually putting them into practice, a lot of distractions can get in the way. After working hard to create a schedule and form healthy habits, you don’t want small things to derail your success. This is why it’s so important to set boundaries not only with others but with yourself as well.

    Setting boundaries with others may involve saying “no” every so often in an effort to stay on task. This is a time when you’ll find keeping a calendar and time blocking extremely helpful. If your days are planned out, it makes it easier to say no to lower-priority tasks. Or, if the task is essential, but you’re too busy, you can schedule it for a later time. Similarly, setting boundaries with yourself is important. This involves becoming disciplined and limiting distractions. Stay on task, and if you notice things are distracting, get rid of them when you need to be productive.

    4. Try Using a Time Management Technique

    Time management can be a tricky thing to master. Fortunately, there are several time management techniques that help you to manage your time and boost productivity. If you prefer structure but don’t know where to start, a time management technique can be immensely helpful.

    The Pomodoro Technique is a popular time management technique created by author Francesco Cirillo. A timer is used to split work into 25-minute intervals followed by five-minute breaks. After several consecutive work intervals, called a Pomodoro, you can take a more extended break for 15 to 30 minutes. This technique is thought to increase productivity because it improves people’s relationship with time. Rather than viewing time as a stressor, you have optimal work time to focus on tasks, and you’re ensured a break.

    Many other time management techniques, including the Rapid Planning Method (RPM), the Getting Things Done (GTD) Technique, and the Pareto Principle. Find one that works for you, and stay consistent with it. These techniques are proven to be effective, and when used alongside other time management strategies, you’ll be unstoppable.

    5. Make Sure You Prioritize Your Tasks

    Another popular time management technique is the Eisenhower Matrix. The Eisenhower Matrix is the perfect tool for prioritizing your tasks. It helps you group tasks into categories based on importance and urgency. Tasks that are the most important and urgent require your immediate attention. Those that are still important but less urgent can be scheduled. And those that aren’t either should be eliminated or delegated. It’s easier to make the most of the hours in your day when you understand what’s most important on your to-do list.

    It’s normal to feel very busy and feel like you have too many tasks on your plate. This technique offers a solution for when you feel you have too many tasks and insufficient time. It forces you to ask tough questions like, “Is this really a top priority?” Or “Do I need to do this, or can I ask someone for help?” Focus on what’s most important right now and use the general guidelines when deciding what to do with additional tasks. Before you know it, you’ll have a manageable task load for you every day.

    6. Make Time for Work and Play

    Making time for work and personal activities is extremely important. Even if you’re very organized, you’ll still feel burnt out if all you ever do is work. Making the most of the hours is about making time for everything important to you, including more than just work. It may consist of dinners with friends or time for exercise.

    When reviewing a calendar view of your days, weeks, and months, ensure you’ve set aside time for personal activities. Whether you’re going to dinner or just doing some self-care at home, personal time is just as important as work time. And when you’re using a calendar tool to prioritize both activities, you’ll see its positive impact on your everyday life.

    Making the most out of the hours in your day doesn’t mean you have to be highly productive at every second. It simply means you have a plan to achieve everything you set out to do in a day. And if you use the proper techniques and strategies, you shouldn’t feel exhausted. Instead, you should feel accomplished, ready for a good night’s rest, and prepared to do it all again the next day. Establishing a routine that allows you to accomplish as much as possible puts your mind at ease. When you manage your hours the right way, nothing can stop you.

    Featured Image Credit: Photo by Zen Chung; Pexels

    The post How to Make the Most of the Hours in Your Day appeared first on Calendar.



    Abby Miller

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  • Efficiency Unleashed: How Document Automation Software is Transforming Business Operations in a Post-AI World | Entrepreneur

    Efficiency Unleashed: How Document Automation Software is Transforming Business Operations in a Post-AI World | Entrepreneur

    Document automation is revolutionizing how businesses handle their paperwork. It’s all about using technology to create, manage, and store documents, saving time and reducing errors.

    In the digital era, its importance is skyrocketing. Why? Because it boosts efficiency and accuracy, especially in handling large volumes of documents.

    Document automation is a game changer for small and medium-sized businesses (SMBs) and professional services. It allows these entities to compete with larger organizations by streamlining processes and improving productivity.

    With AI-driven tools, they can automate routine tasks, focus more on strategic work, and offer better client service. It is vital in a world where speed, efficiency, and accuracy are crucial to success.

    Understanding Document Automation

    Document automation or document assembly employs digital systems to create, collect, store, manipulate, and relay document data. It transforms manual processes into automated ones, replacing physical paper handling with digital workflows.

    This technology allows for automatically generating documents based on pre-set templates and rules. It streamlines the creation of customized documents like contracts, reports, and letters.

    Traditional methods rely heavily on manual input, which is time-consuming and prone to errors. They involve physical paperwork and manual data entry and often require repetitive tasks. Document automation, on the other hand, minimizes human intervention. It ensures consistency, reduces the likelihood of errors, and significantly speeds up the document creation process.

    AI plays a pivotal role in document automation. It enhances the technology by enabling advanced features like natural language processing (NLP), machine learning (ML), and automated decision-making. It can also analyze large volumes of data, learn from patterns, and make context-aware decisions.

    It means documents can be more personalized and accurate, adapting to specific user needs and scenarios. For instance, AI can auto-fill fields based on user history, suggest content based on context, and even ensure compliance with regulatory standards. This AI integration streamlines the document creation process and adds a level of intelligence and adaptability that was previously impossible.

    The Evolution of Document Automation

    The history of document automation is a fascinating journey of technological evolution that mirrors the broader progress in computing and artificial intelligence.

    Early beginnings (late 20th century)

    Document automation began in the late 20th century with the advent of word processors and basic computer programs. These tools were primitive by today’s standards, but they introduced the concept of digitizing document creation.

    Rise of personal computers (1980s-1990s)

    The popularity of personal computers in the 1980s and 1990s marked a significant advancement. Software like Microsoft Word became household names, offering more sophisticated document creation and editing capabilities.

    Introduction of templates and macros (1990s-2000s)

    This period saw the introduction of templates and macros. Users could create document templates with predefined formats and automate repetitive tasks using macros, significantly reducing manual effort.

    Emergence of workflow automation (2000s)

    The 2000s introduced workflow automation tools. These systems allowed for more complex document processes, integrating different stages of document management from creation to storage and sharing.

    Cloud computing and collaboration (2010s)

    The evolution of cloud computing in the last decade transformed document automation. Cloud-based platforms enabled real-time collaboration, remote access, and storage, making document management more flexible and accessible.

    Shift towards AI-driven solutions (late 2010s – present)

    The latest and most transformative phase is the shift towards AI-driven solutions. Users have integrated AI technologies like ML and NLPs into document automation tools. This integration allows advanced capabilities like automatic data extraction, content generation based on context, predictive text, and more sophisticated workflow automation.

    Moreover, AI-driven solutions enable businesses to process and analyze large volumes of documents, extract insights, and make data-driven decisions. This shift is particularly significant for industries dealing with massive amounts of paperwork, such as legal, healthcare, and financial services.

    The journey of document automation is a clear reflection of technological progress. Each phase has significantly improved efficiency, accuracy, and functionality in document management processes, from essential digitization to AI-enhanced automation. This evolution continues today, with AI-driven solutions leading the charge in transforming how organizations handle documents.

    AI-Driven Document Automation

    AI technologies such as NLP and ML are essential in modern document automation. NLP allows computers to process and understand human language. It aids in tasks like extracting critical information from documents (e.g., names, dates, clauses) and summarizing or translating texts.

    On the other hand, ML, a branch of AI, enhances software applications’ ability to predict outcomes by learning from data sets. It identifies and classifies various document types in document automation, such as invoices and contracts. It also indicates and auto-fills fields in new documents based on learned patterns and historical data.

    Collectively, these technologies improve the efficiency and accuracy of automated document processing. Here are examples of AI-driven document automation tools.

    Contract analysis tools

    These tools use AI to analyze and manage legal contracts. They can extract key terms, identify compliance issues, and even suggest edits based on best practices. They automate the evaluation and analysis of essential information from contracts and other documents.

    Automated data entry solutions

    These tools use AI to extract data from various documents (like invoices and receipts) and input this data into databases or other software systems, reducing the need for manual data entry.

    Document generation software

    Platforms like Gavel use AI to help generate documents. They generate documents based on identifying variables and suggesting questions to collect necessary intake information based on uploaded documents. This ensures that generated documents are highly relevant and accurate.

    In practical scenarios, these documentation automation software significantly reduce the effort and time required to handle documents. They enhance accuracy, offer insights, and allow for personalization in a way that traditional automation tools cannot.

    As AI continues to evolve, experts forecast its impact on document automation to grow even further, opening up new advancements for innovation and efficiency.

    Benefits for SMBs and Professional Services

    Document automation presents many advantages for SMBs and various professional services like legal and financial sectors. For SMBs, the benefits are significant:

    • Cost Efficiency: SMBs often operate with limited resources. Document automation reduces the need for an extensive workforce, cutting labor costs.
    • Time Savings: Automated processes speed up document creation and management, allowing SMBs to focus on core business activities.
    • Accuracy and Consistency: Automation minimizes human errors, ensuring greater document accuracy. It also maintains consistency in document formats and content, which is crucial for branding and compliance.
    • Scalability: As SMBs grow, their document processing needs can scale up without the need for proportional increases in staff or resources.

    Professional services reap substantial benefits from document automation in the legal and financial sectors. Compliance and risk management are crucial in these industries, where adhering to regulatory standards is essential and mandatory.

    Document automation tools are designed to comply with specific regulations, significantly reducing non-compliance risks. It ensures that businesses in these sectors can confidently operate, knowing their documentation meets legal standards.

    Additionally, document automation greatly enhances client service. It enables faster response times for document-related queries and processes, increasing client satisfaction and improving service quality.

    Automation tools can deliver quick and accurate insights for sectors that require document and data analysis, far surpassing the speed of manual analysis. These systems also provide secure storage and easy document access, safeguarding confidential client information. Professional services streamline their operations by adopting document automation and securing a competitive market advantage.

    Implementing AI-Driven Document Automation

    Implementing document automation in your business can be a game-changer, especially with a structured approach. Here’s a step-by-step guide for successful integration:

    1. Identify the specific document-related tasks and processes in your business that would benefit from automation.
    2. Assess your current IT infrastructure to ensure compatibility with the automation tools you plan to use.
    3. Research and select a document automation tool that aligns with your business needs and integrates well with your existing systems.
    4. Customize the tool to fit your specific document processes. It might involve setting up templates, workflows, document creation, and management rules.
    5. Provide comprehensive training to your team on how to use the new system. Ensure everyone understands the benefits and knows how to navigate the tool effectively.
    6. Establish a support system for addressing any queries or issues that arise during and after implementation. It could involve in-house IT support or external vendor assistance.
    7. Run a pilot test with a small group or a specific department before a full-scale rollout. Gather feedback and make necessary adjustments.
    8. Gradually roll out the system across the entire organization. Monitor the implementation process closely to ensure smooth integration.
    9. Regularly review the system’s performance. Be open to making changes and optimizations based on evolving business needs and user feedback.

    Clear communication is essential to keep everyone informed about the changes and their advantages, managing change more effectively. Prioritizing user experience is also crucial. A user-friendly system encourages faster adoption.

    It’s also essential to set realistic expectations, understand that the transition might present challenges, and be ready to address them. Additionally, encouraging employee feedback is vital for ongoing improvements.

    Ultimately, successful implementation hinges on selecting the right tool, ensuring comprehensive training, and maintaining a solid support system. These are key to seamlessly incorporating document automation into your business processes.

    User Experience and Interface Design

    The user experience (UX) in document automation tools is critical for ensuring their effective adoption and use. Good UX design makes these tools more intuitive and easier to use, directly impacting productivity and efficiency.

    Importance of user experience

    Document automation tools with an easy-to-navigate interface can dramatically lessen the need for extensive training, flattening the learning curve. This accessibility boosts user adoption rates, as users are likelier to embrace a tool that doesn’t require lengthy and complex training sessions.

    The straightforwardness of the tool’s design directly influences its ease of integration into daily workflows. It encourages more widespread and efficient use across the organization.

    Furthermore, a well-crafted UX in document automation tools is essential for enhancing efficiency and user satisfaction. By simplifying and streamlining complex processes, a thoughtfully designed UX allows users to complete tasks more quickly and accurately.

    This efficiency boosts productivity and contributes to a more enjoyable and stress-free interaction with the tool. Consequently, a positive user experience can increase user engagement and lower resistance to adopting new technologies, fostering a more technologically agile and responsive workplace.

    Role of interface design

    An intuitive layout is a cornerstone of effective design in document automation tools. By organizing features clearly and logically, users can navigate the system effortlessly and quickly, locating the necessary functions.

    This streamlined approach allows users to focus on their work rather than figuring out how to use the tool. A well-thought-out layout speeds up document processing and enhances the overall user experience, making daily tasks more manageable and less time-consuming.

    Accessibility in design is equally crucial, ensuring that document automation tools are usable by everyone, including individuals with disabilities. Incorporating features like keyboard shortcuts, screen reader compatibility, and precise color contrasts make these tools more inclusive.

    It broadens their usability and ensures compliance with accessibility standards. Additionally, in today’s mobile-centric world, responsive design is vital. It guarantees that document automation tools work seamlessly across different devices, allowing users to manage documents effectively, regardless of their device. This adaptability to various screen sizes and platforms is essential for meeting the needs of a modern mobile workforce.

    Best practices in design

    Adopting a user-centric approach in designing document automation tools is fundamental. The design process should start and end with the user in mind, focusing on their actual needs and preferences.

    Gathering user feedback, often through usability testing, is vital to understanding these needs. This approach ensures the product meets and exceeds user expectations, offering a practical, user-friendly solution. It leads to an intuitive design that aligns closely with the user’s workflow, enhancing the overall user experience and adoption rates.

    Minimalism in design enhances the usability of document automation tools. By employing clutter-free interfaces that display only the essential elements, such tools can significantly reduce cognitive load for the user.

    This simplicity in design helps users concentrate better and navigate the tool easily, making managing documents more efficient and less overwhelming. Moreover, maintaining consistency across the tool’s design ensures that users can easily navigate the rest of the program.

    Consistency in design elements like menus, buttons, and workflows means users don’t have to relearn using different features. It creates a more seamless and comfortable user experience.

    Examples of effective design

    Effective design in document automation tools is in solutions like Gavel, which exemplifies simplifying complex processes. With its intuitive interface, Gavel has streamlined workflows, transforming these often cumbersome tasks into straightforward, user-friendly methods. This simplification saves time and enhances the user experience, making document management a more efficient and less daunting task.

    Another aspect of compelling design is the provision of customization options. This feature allows users to tailor templates and brand elements to their needs, offering high flexibility.

    Additionally, incorporating interactive elements like drag-and-drop functionality further enhances usability. These interactive features, often found in various document automation tools, make complex tasks like form building more engaging and manageable. It reduces the intimidation factor often associated with intricate document processes.

    Integration With Existing Systems

    Integrating AI-driven document automation into existing business systems can significantly boost efficiency and accuracy. These tools can seamlessly blend with business systems, facilitating the sharing and utilization of data across different platforms.

    For example, client information can be automatically populated in documents, saving time and reducing errors. Additionally, these tools can be aligned with existing workflows, automating processes like approval sequences or data entry. This integration streamlines the entire document handling workflow, enhancing overall business efficiency.

    However, the integration process has challenges. A primary concern is ensuring system compatibility. The new AI tools must integrate smoothly with the existing IT infrastructure. It requires careful planning and testing to avoid disruptions in business operations.

    Another significant challenge is maintaining data security and privacy. Introducing new tools, especially those handling sensitive information, necessitates stringent security measures to protect data integrity and comply with privacy laws.

    You can employ several strategies to overcome these challenges. It’s crucial to conduct a thorough compatibility assessment before integrating new tools. Ensuring that data security protocols are robust and in line with current standards is imperative to protect sensitive information.

    A gradual implementation approach can also be beneficial, starting with integrating the AI tools into minimal processes before a wider rollout. With comprehensive training and employee support, this approach can ease the transition and reduce resistance to the new system. Establishing feedback mechanisms is also essential to promptly identify and address issues, ensuring a smooth integration process.

    Measuring ROI and Performance Metrics

    Measuring the return on investment (ROI) of AI-driven document automation tools is crucial to understanding their value to your business. Here’s a guide to calculating ROI, key performance metrics to track, and insights on interpreting this data.

    Calculating ROI

    The initial investment is critical when assessing the ROI of document automation tools. It includes the cost of the software itself and the expenses related to its implementation.

    These costs encompass employee training, adjustments or upgrades to existing systems, and the time spent integrating the tool into current workflows. Understanding these upfront costs provides a baseline against which the tool’s financial benefits can be measured.

    Consider the operational cost savings after the tool’s implementation to calculate the ROI. It includes reductions in manual labor, which leads to cost and time savings associated with physical document storage.

    Additionally, improved accuracy and lower error rates can contribute to cost savings. Then, consider any increases in revenue resulting from the tool’s use. It could stem from faster document processing times, enhanced customer satisfaction, and the capacity to handle more work without additional resources.

    Key performance metrics

    Measuring time savings is a crucial metric in evaluating the impact of document automation tools. It involves quantifying the reduction in the time required to create, process, and manage documents.

    Businesses can clearly understand the efficiency gains by comparing the time spent on these tasks before and after implementing the automation tool. This time reduction indicates improved process efficiency and frees up resources you can redirect to other high-value jobs.

    Another important metric is the tracking of error rates. Document automation tools minimize human errors in document creation and handling. Monitoring the frequency of errors or the need for document corrections can gauge the tool’s effectiveness in enhancing accuracy.

    Additionally, tracking changes in employee productivity and efficiency can provide insights into the tool’s impact on workflow. Measuring customer satisfaction through surveys or feedback mechanisms is also crucial. It helps understand whether the processes translate into a better client experience, indicating the tool’s success and overall impact on the business.

    Interpreting data and making decisions

    Trend analysis plays a crucial role in evaluating the success of document automation tools. Businesses can identify patterns and trends that speak to the tool’s effectiveness by examining data over time.

    An increasing ROI or steady improvements in key performance metrics, such as time savings or error reduction, are clear indicators of successful implementation. Monitoring these trends provides valuable insights into how well the tool functions and whether it’s delivering the expected benefits.

    In addition to internal analysis, benchmarking against industry standards or similar businesses offers an external perspective on the tool’s performance. This approach helps you understand where your business stands with peers and industry norms.

    Complementing this with qualitative feedback from employees and customers adds depth to the understanding. Their insights and experiences provide context to the quantitative data, uncovering potential areas for improvement.

    Finally, organizations must address the importance of continuous monitoring. Regularly reviewing and analyzing these metrics allows for timely adjustments in strategy. It ensures that the business continues to optimize document automation tools and maximize their benefits.

    Challenges and Considerations

    Addressing cost and implementation challenges in document automation and choosing the right tools requires a strategic approach.

    Cost

    The initial investment in document automation tools often represents a significant financial commitment for businesses. This cost encompasses more than just the purchase price of the software.

    It also includes associated expenses such as integrating the tool into existing systems, training employees, and potential upgrades for current systems. These costs can add up, making the decision to invest in document automation a substantial one.

    Businesses must seek scalable solutions with flexible pricing models to address these financial concerns. Options such as tiered pricing or subscription-based models can be particularly advantageous. They allow businesses to pay only for the needed features and capacities, avoiding unnecessary expenses.

    Additionally, calculating these tools’ long-term ROI is a crucial step. Businesses can better understand and justify the initial expenditure by projecting the potential savings and efficiencies gained over time.

    Implementation

    Integrating new document automation software into a company’s existing systems presents a significant challenge. This process can often be complex, demanding careful coordination and technical expertise to ensure the new and old systems work seamlessly together. The complexity of this integration process varies depending on the existing IT infrastructure and the specific requirements of the latest software.

    A critical factor in overcoming these challenges is the selection of document automation tools renowned for their ease of integration. Tools with comprehensive support and training resources can significantly smooth the transition.

    Moreover, prioritizing software with user-friendly interfaces is critical for fostering employee adoption. Many employees may resist new technology due to unfamiliarity or fear of change.

    Implementing change management strategies can be highly effective in addressing this. These strategies include training, setting clear expectations, and actively involving employees in the transition process. It reduces resistance and eases the shift to the new system.

    Choosing the right tools

    Before committing to a document automation tool, businesses must conduct an in-depth analysis of their needs. It involves identifying the processes within the company that would benefit from automation and determining the features necessary to meet these requirements.

    Understanding these needs ensures the selected tool aligns with the business’s current operations and addresses its unique challenges and goals. It makes the investment more valuable and effective.

    When selecting a document automation tool vendor, two key factors are the vendor’s market reputation and the level of customer support.

    A vendor with a strong reputation will likely offer a reliable, high-quality product. Equally important is the vendor’s customer support, which plays a crucial role during both the implementation phase and post-implementation.

    This support is vital for resolving issues and ensuring a smooth transition to the new system. Security and compliance should not be overlooked, especially for businesses dealing with sensitive information. Ensuring the chosen tool adheres to industry data security and privacy standards is imperative to protecting the company and its clients.

    Additional considerations

    When selecting a document automation tool, it’s crucial to consider its scalability. Your document automation needs will likely change as your business grows and evolves. The ideal tool should be able to scale up to meet increasing demands without requiring a complete system overhaul.

    Look for solutions that offer flexibility in adding more users, handling larger volumes of documents, or integrating additional features as your business expands. This foresight ensures the tool remains a valuable asset in the short and long term.

    Customization is another critical aspect to consider. Every business has unique workflows and processes, so there may be more effective choices than a one-size-fits-all tool. A tool that allows customization to suit your specific business needs can significantly enhance its utility.

    It ensures that the program aligns perfectly with your existing processes, improving efficiency. Additionally, taking advantage of trial periods or requesting demos is wise. It gives you practical, hands-on experience with the tool, helping you make an informed decision before committing financially. Trials and demos can reveal insights into the tool’s usability, features, and overall fit with your business requirements.

    Legal and Ethical Concerns

    Using AI in document automation brings several legal and ethical considerations, particularly around data privacy and compliance.

    Legal implications

    In AI-driven document automation, adherence to data protection laws is paramount, especially when handling personal or sensitive data. Policies like the California Consumer Privacy Act in the U.S. and the General Data Protection Regulation in Europe set guidelines for processing personal data.

    These laws protect individuals’ privacy rights and impose heavy penalties for non-compliance. Businesses utilizing AI for document automation must ensure their systems comply with these legal frameworks, safeguarding personal data against unauthorized access and misuse.

    Another critical legal aspect involves intellectual property rights, particularly relevant when AI is employed to generate or modify content within documents. Businesses must confirm they possess the rights to use, modify, and distribute the content created by AI. It avoids potential infringement of intellectual property rights, which can lead to legal complications.

    Additionally, the issue of liability and accountability in AI-driven systems is a complex area. When decisions made by AI result in legal disputes or damages, pinpointing liability can be challenging.

    Businesses must establish clear accountability protocols for AI decisions to navigate this legal landscape effectively. These measures are crucial in maintaining trust and ensuring that the use of AI aligns with legal and ethical standards.

    Ethical considerations and data privacy

    AI systems, particularly in document automation, have the potential to perpetuate biases that exist in their training data. It can result in discriminatory or unfair outcomes, which is especially problematic in applications in legal or financial contexts.

    To mitigate this risk, conducting regular audits of the AI systems is crucial to identify and correct any biases in automated processes. These audits help ensure that outcomes are fair and equitable, maintaining the integrity of the computerized systems and fostering trust among users.

    Another critical consideration in the use of AI for document automation is transparency. Users need to understand how these systems make decisions. It is imperative in high-stakes areas like legal and financial document automation, where decisions can have significant consequences.

    Alongside this, maintaining data privacy is essential. The confidentiality and security of the data processed by AI systems must be a top priority. It involves implementing strong security measures, such as robust encryption and strict access controls. These efforts protect sensitive information from unauthorized access and breaches, ensuring compliance with privacy regulations and maintaining user trust.

    Guidelines for compliance and ethical usage

    Following data protection and privacy laws is fundamental to using AI in document automation. Businesses must remain vigilant and current with evolving data protection regulations within their jurisdiction. This adherence is not just a legal requirement but also a crucial part of maintaining user trust.

    Additionally, establishing clear data governance policies is imperative. These policies should detail how data is collected, used, and stored, ensuring that data handling is transparent and complies with legal standards. This structured approach to data management safeguards against misuse and maintains the integrity of the data handling processes.

    On another front, conducting regular impact assessments is essential to understanding and mitigating the risks of using AI in document automation. These assessments help identify potential issues and ensure that AI systems operate within ethical boundaries.

    Ensuring transparency in the AI decision-making process is equally essential. Users should understand how their data is used and how the AI makes decisions. Investing in robust cybersecurity measures is also critical to protect against cyberattacks and safeguard sensitive information from cyber threats.

    Lastly, regular training for staff on legal and ethical issues and conducting routine audits is vital for maintaining compliance and addressing emerging concerns. This continuous education and evaluation play a key role in upholding the ethical use of AI in document automation.

    What’s Your Next Step?

    The landscape of technology is constantly shifting, with innovations and improvements emerging regularly. These advancements can significantly benefit efficiency, accuracy, and cost savings. Therefore, businesses must keep pace with these changes to leverage the latest tools and methodologies effectively.

    Delve into recent studies, attend industry webinars, and participate in relevant forums. Engaging with these resources will deepen your understanding and spark new ideas for applying these technologies in your business. Remember, the journey of technological adaptation is continuous. By embracing this journey, you open your business to a world of possibilities that can drive growth, innovation, and long-term success.

    Featured Image Credit: Pixabay; Pexels

    The post Efficiency Unleashed: How Document Automation Software is Transforming Business Operations in a Post-AI World appeared first on Due.

    Chris Porteous

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  • Why Founders are Turning to Reg A and CF to Raise Money in 2024 | Entrepreneur

    Why Founders are Turning to Reg A and CF to Raise Money in 2024 | Entrepreneur

    As long as traditional startup companies have existed, so has the reign of venture capital firms. Not every business can become a unicorn or even a decacorn – a private startup worth at least $10 billion. However, the rise of equity crowdfunding platforms has allowed everyday people access to investors and capital. This has been thanks to Regulation Crowdfunding (CF) and Regulation A+. Reg A and CF allow unaccredited investors the opportunity to invest in private companies using SEC-registered funding portals and broker-dealers.

    It has been 12 years since the Jumpstart Our Business Startups Act (JOBS Act) revised the Regulation A offerings set by the U.S. Securities and Exchange Commission. Under the Reg A securities offering, companies can receive a maximum crowdfunding offering of $50 million within a 12-month period.

    According to former President Obama during the annual State of the Union address, “The American Jobs Act will repair and modernize at least 35,000 schools. It will put people to work right now, fixing roofs and windows [and] installing science labs and high-speed internet in classrooms all across this country. It will rehabilitate homes and businesses in communities hit hardest by foreclosures. It will jumpstart thousands of transportation projects across the country.” Since the 2016 speech, more financial business leaders and personal finance gurus have been turning to Reg A and CF to raise money for game-changing companies.

    Here, we will examine how Reg A and CF appeal to startup founders in finding alternative fundraising methods across the wide investor scene. Discovering broader investment opportunities and having more flexible access to capital are a couple of key benefits. And, businesses can face less stringent federal regulations, while also driving greater brand and marketing awareness. Needless to say, Regulation A and crowdfunding provide startup founders with opportunities like never before.

    Investor Opportunities are Now Broader

    One of the most essential reasons more entrepreneurs are looking to Reg A and CF is that finding investors is no longer as challenging. Before the implementation of Regulation A+, traditional investment methods, such as private placements and real estate investments, were limited by who could access startup capital.

    With Reg A, companies can now freely raise capital from either accredited — or non-accredited — investors. By allowing the public to obtain these securities, startup businesses can now reach a larger pool of investors.

    Meanwhile, crowdfunding platforms that steer various crowdfunding campaigns support start-ups in reaching a wider audience of smaller investors. These companies are often less likely to receive full funding from a single donor. However, they can instead can get support from multiple investors. As a result, granting individuals access to investment prospects allows startup founders to participate, even without substantial capital available.

    One of Reg A’s top broker-dealers and capital-raising platforms is the Dalmore Group, responsible for over 50% of all Reg A offerings in the United States. They note that one of the best things about raising capital with a Reg A or crowdfunding structure is having a large base of investors that go from spreading brand awareness to creating active “brand advocates and champions for what you are doing.”

    Greater Regulatory Flexibility

    Gravitating towards Reg A and CF, startups are provided a more flexible environment. Additionally, they will have a middle ground between a full IPO and private fundraising.

    According to the Dalmore Group, the greatest distinction of the various benefits of Reg A or crowdfunding offerings is the differences in regulatory and legal requirements compared to other structures, such as Regulation D or an initial public offering (IPOs).

    While “there are limitations that companies should be aware of related to how you market your offering to the public as well as ongoing requirements after the offering,” it also gives founders greater flexibility when it comes to building fundraising strategies. However, they say, “It’s important to note that companies should not be navigating this alone. You need to meticulously vet a fundraising platform or broker-dealer to partner with you on this journey and help simplify the regulatory and legal hurdles.”

    For example, Tier 2 of Regulation A allows companies to raise as much as $75 million annually. And, it has specific disclosure requirements attached. This less stringent regulatory framework gives companies greater access to funding than traditional funding methods. This is one of several reasons why small businesses are searching for alternative funding methods like Reg A. Particularly, it’s why they’re doing so in a changing financial landscape that is forcing new entrepreneurs to implement a growth mindset strategy.

    Easier Startup Access to Capital

    Likely, the greatest limitation that startup founders face is starting a business without initial capital. John Rampton cites that approximately 61 percent of American entrepreneurs have an idea for starting a business, while another 34 percent have more than one idea. Despite this, 62 percent of those same Americans haven’t implemented their business plans because of funding constraints.

    An article published in The New York Times in 2022 notes that since the pandemic, start-up investment opportunities have been easier to come by. The roles in accessing financial capital have switched where technology startups, and others, listen to investor pitch decks instead.

    This is partly due to Reg A streamlining the process regarding smaller companies going public. While traditional IPOs can be costly and oftentimes burdensome to manage, Reg A offers a more accessible way for startup founders to raise funds and become publicly traded entities. Rather than looking at investors who are solely looking for companies that will deliver multinational growth, small businesses are allowed to raise smaller amounts of funding from multiple investors. Startup founders can accomplish this by communicating with local investors, attending area business networking events, and building social media campaigns.

    Why Accessible Capital Benefits Startup Founders

    The same can be said for crowdfunding platforms that provide a simple, online method for startup founders to steer the fundraising process. As a result, startup founders can witness greater benefits — for both investors and companies. Online crowdfunding platforms provide startups with a user-friendly interface where they can present their ideas to potential investors. In turn, this accelerates the funding process significantly.

    It’s important to note that crowdfunding platforms are still subject to federal regulations. Regardless, they empower established small businesses and startups to reach more sizable investments. Forbes Advisor recognizes that “the process entails more rules than you would encounter with a simple online fundraising campaign like GoFundMe or Kickstarter” and that it is essential to follow the rules for the best results. With equity crowdfunding, startup founders can identify their terms, valuations, and fundraising goals that give them greater control over the fundraising process.

    Heightened Engagement and Marketing Growth

    When considering new business opportunities, investors want to ensure financial security. This way, the company would still have the capacity to keep audience engagement high, even when economic conditions fall. Several investments, such as real estate, are known for remaining steady in a downturn. However, having the right marketing methods in place can also make a difference.

    When it comes to promoting engagement and marketing, unlike traditional investment methods, startups have the opportunity to build awareness. And, they can attract a wider pool of investors. The same can be said for crowdfunding. This is because the online nature of the platforms facilitates an environment for simplified sharing and social media engagement. Rather than simply reaching out to large investors who are not necessarily brand-aware, startups can leverage crowdfunding platforms for marketing purposes to drive a buzz around new startup projects.

    A recent publication on “Social Media Marketing for Equity Crowdfunding” by the Finance Research Letters journal recognizes that persuasive posts that aim to directly influence investment decision-making are the most effective. While informative posts provided investors with details about the crowdfunding campaigns for 26,883 startup opportunities, it was found that persuasive posts left a positive impact and encouraged higher investment pledges.

    A New Economic Landscape for Fundraising

    Whether a new business entrepreneur chooses to utilize Reg A or CF is dependent on many factors. These might include their specific startup needs, the types of industry investors they are looking to attract, and various regulatory considerations. The changes made since the implementation of the JOBS Act have had a positive and powerful impact on existing small businesses and rising startup companies that are otherwise limited to capital funding.

    By using Reg A and CF, companies can reach a wider range of potential investors. They can also increase their visibility on the market, and even raise more capital–if given the right conditions. Both startup funding options have their advantages. So, startups should consider them carefully to determine the right fundraising approach. This should also include whether all requirements are met, and what implications could potentially be factored in. In the end, the new Regulation A+ and crowdfunding rules set by the JOBS Act are changing how we view businesses in today’s economic climate since the pandemic. They are also creating a more interconnected place for founders and investors to exist.

    Featured Image Credit: Photo by RDNE Stock Project; Pexels; Thank you. 

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    Deanna Ritchie

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  • The Impact of Servant Leadership in the Workplace | Entrepreneur

    The Impact of Servant Leadership in the Workplace | Entrepreneur

    People all over the globe talk about leadership. C-suite-level executives want to learn how they can better inspire others to lead, as well as how they themselves can lead better. While there have been many studies on various types of leadership, one that stands out is servant leadership.

    What is Servant Leadership?

    Servant leadership is where the leader views themselves as someone who serves and builds up the employees they are over. A servant leader attempts to find ways to give employees tools to solve problems and does their best to help employees grow and learn. Generally speaking, servant leadership helps employees feel valued, seen, and essential to the company. Later in this article, we will dive into specific studies on this. Still, if you were to have one takeaway on servant leadership, it’s that servant leadership prioritizes employees and their individual growth.

    Impact of Servant Leadership

    A recent study by UKG found that managers and leaders have just as much impact on people’s mental health as their spouses (69% each), even more than their doctor (51%) or therapist (41%). Mental health is becoming more and more of a concern and priority for companies around the globe. Consequently, managers are given a portion of this responsibility and must support and build up employees while pursuing company goals.

    The Power of Servant Leadership

    One excellent approach to achieve this is through servant leadership, in which managers prioritize “their key role as serving employees…. providing tangible and emotional support.” When appropriately implemented, servant leadership offers numerous benefits that can positively impact organizations, such as improved employee engagement, trust, and team performance.

    An international study revealed a significant positive correlation between servant leadership and various key factors such as team performance, organizational citizenship behaviors, creativity, and individual voice. Moreover, another study indicated that servant leadership enhances employee engagement by fostering increased trust between employees and their managers. While trust may not seem like much, Harvard Business Review found that when employees feel trusted by their managers, they perform at a higher level, put in extra effort, and go above and beyond.

    Engagement is also extremely powerful, as engaged employees experience higher happiness levels, increased effectiveness, reduced stress, and a lower likelihood of burnout. These benefits are essential for any organization, as happier and less stressed employees will likely stay with companies longer and be more satisfied with their work. Lastly, with more satisfied and higher-performing employees, customers will also be more satisfied and loyal to the company.

    Translation into the workplace

    Additionally, these advantages translate into enhanced team performance and ultimately contribute to the company’s overall success. Servant leadership proves to have more tangible benefits as well, such as 6% higher performance, 8% better customer service, and 50% better employee retention. Servant leadership is so essential that PricewaterhouseCoopers recommended servant leadership to a small company in a consulting project. This resulted in greater trust between managers and employees and more significant employee innovation.

    Servant leadership is compelling because it connects managers to their team members much better than other leadership styles. Business Leadership Today said, “More than any other leadership style, servant leadership provides the best approach to managing culture and managing people.” Servant leadership is great at managing people because it shows team members they are important, valued, and seen in the workplace.

    Implementation

    Simply put, servant leadership helps teams perform better and leads to increased job satisfaction, but how can it best be implemented? One place to start is to have leaders ask employees, “How can I help you be successful?” Asking questions like this can help employees and managers get on the same page about how to accomplish work best, and managers can better give employees the tools and resources they need to be successful.

    However, setting concrete boundaries is vital to ensure managers avoid burnout and get their work done. Managers are already stretched so thin, and asking them to provide a completely new leadership style would undoubtedly be difficult for many managers. While setting boundaries will vary from team to team, managers mustn’t burn out themselves and take the time they need to complete their work and find fulfillment.

    Characteristics of Great Servant Leaders

    Gonzaga University found that certain qualities help servant leaders become more effective in the workplace. Some of these qualities are listening, empathy, and building community.

    Listening

    Listening is an excellent characteristic of any leader, especially a servant leader. Robert Greenleaf, the principal founder of servant leadership, said that authentic listening “builds strength in other people that leads to more effective interpersonal communication.” Better interpersonal communication helps avoid potential problems in the workplace and ensures that everyone is always on the same page.

    Empathy

    Gonzaga states, “Empathy is an awareness of, and sympathy to, the thoughts and feelings of others [and] is essential to receptive listening skills of the servant leader.” While empathy is a part of other types of leadership, servant leaders are known always to be empathetic. It plays a vital role in this type of leadership as when leaders are empathetic, they can better serve and build up their employees.

    Building Community

    Building a community that can contribute significantly is potent for the workplace. Servant leaders, obviously, focus on employees as individuals, and in doing so, they can change the environment at work and build a safe and productive community. Servant leaders can focus on individuals and help them contribute to the great community.

    Summary

    Servant leadership increases team performance, customer service, and employee retention. As employees feel valued and respected, they naturally perform better and trust the leader more. When implementing servant leadership, managers must ask questions about employees and set healthy boundaries to ensure they do not burn out. However, servant leadership can change people, teams, organizations, and society. If modern-day businesses want to improve their organizations, a great solution is to implement servant leadership.

    Image Credit: Pexels; RDNE Stock Project

    The post The Impact of Servant Leadership in the Workplace appeared first on Calendar.

    Matt Rowe

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  • Streamline Your Schedule with These 6 Calendar Hacks | Entrepreneur

    Streamline Your Schedule with These 6 Calendar Hacks | Entrepreneur

    You may already use a calendar, but are you really using all its capabilities? You don’t have to be a technology pro to get the most out of your calendar software. There are so many easy ways to make your schedule more efficient and useful. Try these six hacks on your phone or computer to make your calendar work better for you.

    1. Set Reminders

    Of course, before we go into all the nifty tips and tricks your calendar has, it’s good to start with the basics. It’s easy to overlook or forget some more obvious ways to use a calendar system. However, these are often handy tools to utilize — like reminder notifications.

    When you create an event in your calendar app, you can create a reminder. This will appear as a push notification, making a sound and popping up on your screen, whether computer or phone. This kind of notification will ensure you won’t forget about an upcoming event or deadline.

    Additionally, you have several options for when to make this reminder go off. It could be anywhere from five minutes to multiple hours before the event. Most calendar software also lets you have more than one notification for the same event. This means you could have one reminder go off an hour before, then a second 30 minutes beforehand. This aspect is very customizable, so you can remind yourself in the way that works best for you.

    2. Color-Coordinate

    There’s a reason why color-coordinating is such a popular method of organization. It’s super easy and can make any system more efficient. This is especially true when it comes to your calendar, as well.

    How exactly do you go about color-coding your calendar? Whether you use paper or virtual, you can categorize types of tasks by color. For example, you could use blue for meetings, green for doctor appointments, and red for work deadlines. Whenever you add an event in one of those categories to your calendar, use its color. Pretty much every calendar software has this feature, with multiple colors to choose from.

    Using a color scheme to organize your calendar makes identifying events and priorities easier. You can skim through your events to look for something specific, all through looking for its color. Some software also allows you to look at one category at a time, making your search even quicker.

    3. Peek at Your Calendar Analytics

    One of the best ways to make your calendar more efficient is by checking its AI-generated analytics. This is a fairly new concept to scheduling software. Calendar analytics are essentially a breakdown of how you spend your time.

    Not every software has this feature available yet, though Google Calendar and Calendar offer this. Calendar’s version contains helpful assessments of your time, breaking down meeting distributions and the people and places you frequent most. This can help you realize what is taking up most of your time, and you can react accordingly.

    This is the easiest way to get an overall glance at how you’ve been spending your time. And if you don’t like what you see, you can take action to change up your schedule or time management. This is especially helpful if you manage a business or team within your workplace.

    4. Share Your Calendar

    Odds are, you work with other people at your job. To get more done as a team, learning how to streamline your time together is important. So much time is wasted weekly that you probably don’t even realize. This often occurs from too many meetings or taking a while to plan a meeting or project.

    One of the most challenging group efforts is finding a time when everyone can meet. Each team member has their own schedule and priorities, which can easily clash. However, this is where a shared calendar system can save the day.

    Some calendar software allows you to grant others access to your schedule so they can see when you’re busy and free. When you can look at everyone’s calendars in a team, you won’t bump into the age-old problem of having to ask for availability.

    5. Use a To-Do List

    A to-do list may sound so old school, but it’s a tried-and-true method of efficiency and organization. By writing down all you need to do in a set period of time, you can visualize all your tasks. You’re less likely to forget something this way, plus checking off an item is so rewarding. While a paper list works fine, you can upgrade to the 21st-century version: Google Calendar’s Tasks.

    This feature combines an online calendar and a to-do list into one. Having these two aspects of time management systems in one place helps keep yourself extra organized. Pulling up Google Calendar means you’ll have access to your calendar and tasks in the same window.

    Create a task by clicking on the blue Task icon on the right-hand side of the calendar. You can name your item, add details, and mark when it’s due. You can have Tasks remind you when something needs to be done. You can also add subtasks to any item, breaking up a project into smaller pieces for ease of use.

    Adding a task will show up on your calendar like a regular event, but clicking on it will reveal its to-do-like nature. This is how you can put more detailed events on your calendar. For example, using Tasks is a good option if you want to mark a deadline on your schedule. This way, you can open it up and see all the project’s details in a way that a calendar event wouldn’t cut it.

    6. Sync Your Personal and Work Calendars

    You’ve probably heard the phrase, “Don’t mix business with pleasure.” Or, maybe you’ve received the popular advice to “leave your personal life at home” when you get to work. While these can be good strategies to create a work/life balance, mixing your calendars can also help.

    Syncing your personal calendar with your work calendar doesn’t mean combining those two aspects of life. Instead, doing this can actually help prevent you from double-booking or overreaching work into personal time. For example, you can schedule around that dinner party or your kid’s school event if you can see everything in the same space.

    Even if you use two different calendar software for work and your personal life, you might be able to sync them. Google Calendar, Microsoft Outlook, Apple Calendar, and Calendar all have ways to integrate with other scheduling programs. You’ll never have to look back and forth between two calendars again!

    Do Some Digging

    There are so many calendar apps out there with so many features that it’s impossible to list them all. Every software has its own unique features to maximize productivity and efficiency. Some programs are designed with teams in mind, like Microsoft’s and Google’s. Whatever you use, make sure you’re exploring its features to make your schedule more efficient. If your calendar isn’t working for you, it’s not doing enough. Take some time to look at all your scheduling software options and familiarize yourself with them. You’ll be boosting your productivity and efficiency in no time.

    Featured Image Credit: Photo by Samson Katt; Pexels

    The post Streamline Your Schedule with These 6 Calendar Hacks appeared first on Calendar.

    Abby Miller

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  • 3 Pro Tips for Using Calendar Tools to Succeed | Entrepreneur

    3 Pro Tips for Using Calendar Tools to Succeed | Entrepreneur

    Depending on your goals and life stage, success looks a little different for everyone. For entry-level employees, success may mean being positive while assisting others with their various needs. Managers may succeed in empowering and motivating their employees to take on bigger projects. Executives and CEOs will likely feel successful if their company is thriving and profitable. Regardless of role or responsibility, a successful day can often look like being productive and crossing everything off your to-do list.

    Time management is one of the most essential skills that anyone can benefit from. Accomplishing things efficiently and on time means you do more in less time. You’ll feel successful knowing that your ability to focus on a task at hand pays off, allowing you more free time. Time management also considers prioritizing what is really important and recognizing what can wait. Not everything is of the utmost importance, even if it can sometimes feel like an overwhelming amount of tasks are on your plate.

    Achieving your time management goals can begin with a well-organized calendar. How calendars are used, and the purpose of them has evolved as work and life demands have evolved. Today’s digital calendars offer more built-in tools and capabilities than ever before. The key is to know how to use these new features and make them work for your time management needs. Below are three pro tips on implementing these calendar tools for overall success.

    1. Know Where You’re Spending Your Time

    Each week, each month, each year goes by in a flash. As a result, you may not realize where your minutes each day are actually going. While you may habitually say that you’re busy at work, that may not be the case. You and your team may meet this week for a stand-up call but spend half the time discussing your upcoming weekend plans. When the meeting ends, you realize you didn’t get the information you needed and need to send a Slack or email as well.

    While forming these interpersonal connections with your colleagues is important, there’s a difference between chitchatting occasionally and being productive. Knowing where you’re spending your time can help you stop these tendencies from occurring in the first place. Calendar.com’s analytics tool enables you to track your time so you know exactly where it’s going. This tool lets you easily view what meetings take up most of your time and how they compare to other meetings. You can compare the chunk of time for your stand-ups and one-on-one meetings with your employees and leadership team.

    Knowing this information means that you can change and pivot your meeting schedule. Perhaps the weekly stand-up would be better served if it was 15 instead of 30 minutes. Soon, Calendar.com will also be releasing “Places” and “People” tracking for Pro users. Scheduling a meeting spot for clients can be a waste of time, so Calendar.com will suggest places as you’re scheduling time together. You’ll also get a sense of which coworkers you’re spending your time with the most, whether that’s colleagues or your significant other.

    2. Customize Appointment Slot Durations

    How often has an appointment ended early, and you’re waiting for another one to begin? A few spare minutes is nothing to complain about, but you may be distracted before the next appointment. It’s easier to recheck your email or scroll social media than to begin a new project when you have less than 10 minutes before your next call. Thankfully, a solution exists for Google Calendar and Microsoft Outlook users.

    Released in October 2023, Google Calendar allows 5-14 minute appointments. Previously, the shortest duration available was 15 minutes. While meeting with a new client will likely take longer than 15 minutes, a short sync may only need a few minutes. Having clients pick what time slot they need keeps everyone on task, allowing you to be more productive during the day.

    To set up this feature, click on “appointment schedule” and then “set up the schedule” from the “create” tab of your calendar. You can customize appointment slot durations by creating or editing a current appointment. Select “custom” and enter a duration, such as 10 minutes. Your appointment schedules will show by default, but you can always hide them under “view switcher.”

    For Microsoft Outlook users, Bookings With Me is a similar feature which allows others to schedule an appointment slot with you directly. This feature was introduced at the beginning of 2023 and is similar to Google Calendar’s setup. The default times range from 15 minutes to 60 minutes, but you can also customize your time slots. Go to “Creating Booking Pages” under the Calendar tab to create a public or private appointment page.

    3. Create Structure in Your Day

    Nobody really thrives without some sense of structure. Although work and personal fire drills will arise, derailing you occasionally, creating structure is important. Without some sense of routine, you’re much more likely to miss important tasks. You may feel stressed and anxious because you’re hopping from one task to another.

    Having control of your day puts you in the driver’s seat. This can look like scheduling all of your meetings in the afternoon so you can focus on deep work in the morning. Or, it may look like blocking off time on your calendar for a lunchtime walk or yoga class. Regardless of how you structure your day, your calendar can help.

    Most digital calendars, including Apple iCloud, Google Calendar, Microsoft Outlook, and Calendar.com, allow you to set recurring appointments. Use this tool to your advantage, blocking off time for you during the time. If you’re prone to skipping lunch altogether, add a 30-minute block at the same time every day so nobody can schedule a meeting during it. The same goes for frequently taking calls while picking up your kid from school. You’ll get back to your desk feeling more fulfilled that you could spend that time with your child than ignoring them while on a work call.

    In addition, adding color to your digital calendar can also be a way to add in some structure. Color-coding your calendar can boost your productivity as you’ll quickly be able to glance at where your priorities are for the day. You can start by making one task a specific color, such as your weekly yoga class. Then, apply this color to all of your workout sessions. Go task by task until all of your regular events are different shades. Do some analysis to see where you may want to switch things up to create more ease and structure in your life.

    Takeaways

    No matter how you define success, you want to go to bed each night feeling accomplished with what you achieved. This feeling may not happen daily, but with the correct calendar tools, you’re helping set yourself up for success. Try these pro time management tips and see which ones make the most sense for your professional and personal needs.

    Featured Image Credit: Photo by Jess Bailey Designs; Pexels

    The post 3 Pro Tips for Using Calendar Tools to Succeed appeared first on Calendar.

    Howie Jones

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  • 5 Ways Numbers-Phobic Entrepreneurs Can Handle Small Business Finance With Ease | Entrepreneur

    5 Ways Numbers-Phobic Entrepreneurs Can Handle Small Business Finance With Ease | Entrepreneur

    Entrepreneurship involves numbers. It’s as simple as that. However, the way each entrepreneur interacts with numbers, especially when it comes to finances, varies from one individual to the next.

    Even billionaires like Richard Branson have their struggles. Branson is dyslexic and struggled to grasp the difference between terms like net and gross. And yet, the man has built one of the biggest business empires in Europe.

    Just because someone has entrepreneurial ambition doesn’t mean they’re comfortable with numbers. But it does mean they need to find the support people and tools to help them go the distance. With that in mind, here are a few ways numbers-phobic entrepreneurs can not just take care of small business finance but do so with ease.

    1. Utilize Simpler Accounting Methods

    There is small business accounting, and then there’s small business accounting. In other words, there are different accounting methods that you can use to manage your finances as a small business leader, and each option comes with varying levels of complexity.

    Accounting methods are the rules, standards, processes, and overall methodology that you use to report your business’s income, expenses, and other financial elements. Investopedia highlights two primary methods for accounting: accrual accounting and cash accounting.

    The accrual accounting method is common but also tends to be tricky to follow. It embraces tracking finances through sales, credit purchases, and the use of accounts payable and accounts receivable.

    This is a nuanced and multi-layered accounting strategy that has its benefits — when used correctly. It is also required by the IRS …for companies making $25 million or more in sales for three straight years.

    So, unless you’re an unusually revenue-prone small business, if you’re easily overwhelmed by numbers, chances are, you have the option to ditch accrual accounting for something more streamlined. Rather than try to make something as complex as accrual accounting work, scale back to the simpler cash accounting methodology for money management.

    Cash accounting simply tracks all revenue and related business expenses when they occur. When cash flows in or out of your business, you track it. It’s a user-friendly way to keep your expenses under control and avoid the overloaded nature of running a system set up for credit transactions and AP/AR interactions.

    2. Find User-Friendly Finance Tools

    In the past, regardless of the specific methodology chosen, business owners had to crunch the numbers using pen and paper, calculators, and, in more recent history, the occasional spreadsheet.

    Now, there are countless accounting and finance apps that can do this kind of work for you. Many of these are user-friendly and built for those who aren’t interested in understanding how finances work, so much as making sure that they’re executing their finances correctly.

    User-friendly doesn’t just mean an application has nice features and an attractive color palette. In the modern, diversified tech landscape, there are literally endless options and nuances within each kind of technology. In the case of a finance tool, there should be no problem finding an app that caters to your specific needs as a business.

    Thryv is a perfect example of this. The small business SaaS provider designed its ThryvPay solution for more than just retail businesses (which tend to get the focus of payment processing applications). You can tailor the company’s platform to any business model’s finances — including your own specific money management needs, from storing payment information to adding convenience fees to easy-access QuickBooks integrations.

    If a tool like this fits the bill, go for it. If your particular financial activity is set up for something else, look for a tool that meets those specifications. The options are out there. Use them to offload the number-crunching aspect of your company to the machines.

    3. Outsource Selectively and Work With the Right People

    It’s a small world, folks. Business leaders are no longer restricted to hiring full-time financial employees from their immediate geographic vicinity. They can diversify, fractionalize, and outsource their small business finances to a variety of different individuals across their region, nation, and even the world.

    Most of the time, these individuals come from three different categories of the labor force: freelancers, contractors, and employees. Let’s see how each one can help you with your finances.

    Financial Freelancers

    Financial freelancers are individuals who can provide specific, targeted services when needed. For instance, a freelancer might help create a financial plan, consult on the execution of that plan, or even audit existing activities.

    In most cases, these are isolated services, and you can call on the support of a trained and experienced freelancer if and when it’s needed. It’s the ultimate safety valve for a business owner who still wants to do as much of their finances as they can on their own.

    Financial Contractors

    In many respects, a financial contractor functions in much the same capacity as a freelancer. They offer specific services such as auditing, consulting, or planning your company’s financial activity.

    However, contractors tend to be a better option when there is a recurring need. You might hire a financial contractor to consistently help you execute a financial plan or operate as a financial assistant in an ongoing capacity.

    Financial Employees

    Finally, if the need is great enough and you have the resources, you can hire a financially-focused worker as an employee. This is a good idea if you find you want to fully pass off your company’s finances and you can’t trust or depend on a third-party solution.

    Keep in mind that an employee is a larger expense. You have to pay them a full salary, train them, and provide benefits. Nevertheless, when financially feasible, having a CPA or other employee on staff to help with money management is a great way to avoid having to make numbers-related decisions as the business owner.

    4. Create a CTS

    Money management is complicated. This is true even when you’re using cash accounting and have the tools and individuals in place to help keep things humming along. When your financial responsibilities build-up, using a CTS is a great way to restore a sense of order in the chaos.

    In the second chapter of his book Redeeming Your Time, author and ex-tech entrepreneur Jordan Raynor discusses the need for busy people to use a CTS or “commitment tracking system.” This is a productivity tool that helps with a variety of work and personal activities.

    The concept is that when an unresolved thought (called an “open loop” in the book) is bouncing around your head, and you can’t tend to it right away, add it to your CTS. Then, when you have time, you process these open loops into various categories, such as ones that you can address sooner, as well as other larger projects or long-term responsibilities.

    Again, a CTS is a Swiss army knife of an organizational tool that can help with countless different scenarios. One of these is finances. If you find the numbers game leaves you feeling overwhelmed at times, a CTS can give you a place to catch those open loops and tend to them on well-understood deadlines. It helps reduce stress and avoid fretting over future responsibilities and is a great way to reduce the negative impact of managing finances as a small business leader.

    5. Hone Your Financial Literacy

    Finally, don’t use outsourcing and financial management tools as an excuse to avoid learning about how to handle finances as a business owner. In the Richard Branson interview referenced in the introduction, the billionaire clarifies that even though you shouldn’t let academic shortcomings hold you back, you should still take advantage of the tools, resources, and support systems available to learn what you can.

    While he is talking in reference to dyslexic individuals, in particular, the advice rings true for anyone who is numbers-phobic. At one point, he specifically says to “get help to get some of the basics with the particular thing that you’re struggling at.”

    As a counterpoint, Branson follows this up with the important line, “Don’t fret too much about it.” Both pieces of advice are critical for the ongoing development of financial literacy in the number-averse. You want to be willing to learn what you can without letting your educational journey stress you out.

    As a final word of warning, beware of excessive confidence sparked by the path to financial literacy, too. Many who struggle with financial literacy often operate as if they don’t. When that happens, misplaced self-confidence can not just hold you back. It can hurt you. Stay humble and willing to learn as you work your way through your company’s finances.

    Managing Business Finances Without Becoming Overwhelmed

    As the example of Branson and many others proves, it’s possible to be wildly successful at running a business without being a math whizz or teaching a master class on financial literacy. All that’s required is a little resourcefulness and a willingness to take advantage of the support lines available to you.

    Keep your accounting methods simple. Use tech tools that line up with how your finances function. Hire freelancers, contractors, and employees based on your specific resources and needs. Use a CTS to track your financial responsibilities. Invest in improving your financial literacy over time.

    If you can implement these tips, you can crush your small business’s financial goals with ease, all without personally stressing out or becoming overwhelmed in the process.

    Featured Image Credit: Photo by Yan Krukau; Pexels; Thank you.

    The post 5 Ways Numbers-Phobic Entrepreneurs Can Handle Small Business Finance With Ease appeared first on Due.

    Deanna Ritchie

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  • The 13 Time Management Secrets of Successful Project Managers | Entrepreneur

    The 13 Time Management Secrets of Successful Project Managers | Entrepreneur

    Project managers have many tasks to juggle, and they’re accountable for exceptional time management skills to complete projects on time. Accordingly, one of their most important responsibilities is effectively managing their time, so they can cover their most important priorities and meet all their deadlines.

    What do successful project managers do differently? And how can you learn from them?

    The Value of Project Managers

    Project managers are indispensable for a wide variety of projects, including web development projects. Typically, they must work with a variety of people in order to accomplish a series of specific objectives.

    For example, in web project development, the project manager will usually work with clients, designers, developers, and testers.

    Over the course of several weeks, the project manager will be responsible for making sure the overall project stays on track, hitting each milestone within a given time frame and at an acceptable level of quality or completeness.

    One of the interesting qualities of a project manager is that they’re responsible for time management in two different capacities. First, they must manage their own time. Project managers have a number of individual responsibilities and tasks to complete and a finite amount of time in each day, so they need to be prudent about how they spend their time. Second, they must manage external resources and other people in a way that allows them to manage their time more effectively.

    Obviously, each individual in the context of a given project is going to be responsible for managing their own time. But project managers are, at the highest level, responsible for allocating resources and coordinating people to ensure that time is managed and allocated properly.

    Time Management Secrets of Successful Project Managers

    These are the time management secrets of successful project managers:

    1. They use the right platforms.

    Project management platforms come in many varieties, and some are better than others, with more features, better organizational tools, a smoother flow, and more intuitive usability. Of course, there’s an element of subjectivity here; not all project managers are going to agree on what constitutes a good platform. However, almost all effective project managers share a discerning nature when it comes to choosing this centralized source of truth.

    2. They understand deadlines in context.

    Project managers often have to work backward, starting with a deadline and figuring out how to manage time as that deadline approaches. One of the most important strategies for doing this effectively is understanding deadlines in context.

    For example, there might be a deadline to produce design comps for a website within three weeks, but the context here is that developers will need approved comps to start critical development processes immediately after this deadline. This means adhering to the design comp deadline is essential for the project to keep moving forward, and therefore may need to take higher priority over other, less important or more flexible deadlines.

    This aspect of critical thinking is crucial for project managers to manage time appropriately in the pursuit of high-level goals.

    3. They use priority hierarchies.

    In line with this, most project managers use some kind of priority hierarchy or matrix to help them decide between competing priorities in direct conflict with each other.

    For example, the “Eisenhower matrix” is a commonly used hierarchy matrix that can establish priority levels based on both urgency and importance. What’s important is that a project manager has some consistent method of evaluating priority level, so they can use it across many different contexts and in a repeatable way. When there are two seemingly equally important tasks to complete, and only enough time to complete one of them, this framework can help project managers choose one over the other.

    4. They anticipate issues.

    Problems inevitably arise in any sufficiently complicated project to be managed and executed. The difference between successful and unsuccessful project managers is in how they approach these inevitable problems. Good time management requires you to not only respond to issues in a time-efficient manner, but to also anticipate those issues so you have time to prepare for them and have the foresight to account for them.

    As a simple example, skilled project managers sometimes build a few extra days into a timeline to account for any issues that might come up in the meantime.

    5. They start from the high level.

    When relaying directives, project managers start from the high level. They understand that in order to be successful as a team, each individual in the team needs to understand the context of what they’re doing. That doesn’t mean every individual team member needs to be fully educated on every aspect of the project, but they should have a thorough understanding of their role and their context within that project.

    6. They communicate clearly and proactively.

    Communication has the power to prevent most conflicts and resolve the few that slip by and become significant. That’s why effective project managers make it a point to communicate as clearly and proactively as possible. When creating tasks in project management platforms, holding meetings with individuals, or conveying requests from clients, they meticulously check their work to avoid ambiguities or potential points of confusion. They also jump on potential issues as quickly as possible to mitigate their effects.

    7. They use meticulous, itemized time estimates.

    Project managers with excellent time management skills also make use of very detailed, itemized time estimates. When they tell a client that a specific project is going to take a month, this figure isn’t a ballpark number, nor is it improvised on the spot. They make time estimates for each individual component of the project and add them together. It leads to more accurate time estimates and allows for superior updating if any individual component goes awry.

    8. They keep meetings focused and tight.

    Meetings may be important, but they’re frequently unproductive – and excellent project managers know this well. You can’t eliminate meetings altogether, but you can make them much more focused and much tighter. Typically, this means only inviting people who are truly essential to the meeting, keeping the meeting as short as possible, and adhering to a strict agenda so the meeting doesn’t deviate from its intended course. It’s a simple strategy that can save hundreds of cumulative man-hours in the long run.

    9. They recognize delays early – and work around them.

    Even the best project managers face unexpected delays. Good time managers distinguish themselves by recognizing delays early and finding ways to work around them. They communicate delays to clients directly, whenever relevant, and do what they can to make up for shortfalls in other areas. They may also be willing to find compromises whenever primary time-based goals reveal themselves to be no longer achievable.

    10. They know how and when to delegate.

    Project managers are, arguably, professional delegators. Even so, it’s important for them to be able to delegate responsibilities effectively when necessary. Prudent time managers know when it’s appropriate to step in and handle something. And, they know when it’s appropriate to call someone else in to take over the work. They also know when it’s time to hire an assistant or a partner to share the workload.

    11. They recognize individual strengths and weaknesses.

    As a project manager, you can manage your time much more effectively by recognizing individual strengths and weaknesses. Assigning tasks to the people best capable of completing them and adjusting your time estimates based on the capabilities of your crew are crucial for hitting your milestones consistently.

    12. They can switch hats quickly.

    It’s easy to lose time when you’re switching hats ineffectively throughout the day. Jumping from one department to another can be mentally exhausting and confusing. But, the best project managers have techniques to minimize attrition here. Keeping detailed notes on your interactions with each department, using different communication channels for different purposes, and segmenting your time proactively when possible can all help.

    13. They share their secrets with others.

    Finally, we should recognize that excellent project managers are also willing to share their time management secrets with other people. After all, project managers can’t be effective at time management unless the teams they coordinate are also effective at it. The more collaborative the project management environment is, and the more team members can learn from each other, the better.

    Whether you’re trying to be a highly effective project manager, or you just want to discover better time management strategies for your own profession, these best-kept secrets can give you the information and direction you need. Feel free to adopt these strategies and adjust them to your own personal management style. Or, consider using them in combination with your own tactics to perfect your approach to the art of time management.

    Featured Image Credit: Photo by Sora Shimazak; Pexels; Thank you.

    The post The 13 Time Management Secrets of Successful Project Managers appeared first on Calendar.

    Deanna Ritchie

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  • 5 Pieces of Bad Advice That Could Derail Your Business | Entrepreneur

    5 Pieces of Bad Advice That Could Derail Your Business | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    It is reported that nine out of ten startups fail. That’s a staggering, frightening and depressing 90%. Yet, while the reasons for this are many, even though the number is high, don’t let it discourage you. Most people who get into business are misguided by well-meaning advice that sets them up to fail.

    As a serial entrepreneur and CEO of Builderall, an all-in-one marketing platform that has supported over 2 million companies, I’ve seen thousands of well-intentioned entrepreneurs set themselves up for failure by following common myths and bad advice. They hear success stories from companies like Uber and try to model their business the same way. But what worked for a mega-funded startup won’t work for a small business.

    I once sat in the audience while a dynamic speaker explained how Zillow had achieved its amazing growth over the years. Her talk was compelling, insightful and full of actionable insights. While the audience sat there captivated and taking notes, I could already see them dreaming about what they could do with all their newfound business success.

    Then it hit me.

    None of this advice would work for the business owners in this room. The advice was excellent — but it was excellent for Zillow, a venture-backed company with $87 million in funding. Perhaps more importantly, a company that has recorded a net loss in income each year since 2012, including a loss of $528 million in 2021.

    None of it applied to the entrepreneurs and small business owners in the room who couldn’t afford to burn hundreds of millions in capital to fuel rapid experiments and blitzscaling.

    Over the past ten years, I’ve lost count of how many times I’ve been approached by wide-eyed entrepreneurs in that same position. They were excited about some great advice they had recently heard from a reputable source, and I just knew that it would spell disaster for their business.

    In this article, I’ll share the top pieces of bad small business advice I often hear and what you should do instead if you want to set your company up for sustainable growth.

    Related: 25 Entrepreneurs Share the Worst Advice They Ever Received

    1. Bad advice: Raise money to start your business

    Raising startup capital seems like an essential rite of passage for any new entrepreneur. But here’s the reality — you probably don’t need it. In fact, it can sink you.

    One of the biggest myths is that you need outside funding to start and grow a business. I’ve started multiple successful companies with $0 of outside capital. Too often, entrepreneurs think they need hundreds of thousands or even millions of dollars to launch their ideas. But here’s the reality — raising capital doesn’t make financial sense for all businesses.

    The venture capitalist business model requires massive returns — in some cases, as high as 100 times their investment. Most investors can’t back a company aiming for $50 million in value because, realistically, they could never get the return on investment that they seek.

    Because VC investors require their return on investment to be so high, by asking for VC money, you’re signaling that you plan to build a business that will meet their exit expectations.

    There are tons of great businesses that generate between $10 to $50 million per year — and they make their owners very rich. Just understand that a profitable, $20 million per year business isn’t aligned with VC goals and can set you up for failure.

    Additionally, when you take startup capital, you’re committing to a journey that will continue to dilute your ownership while you strive for the potentially unattainable billionaire unicorn status. Your chances of building wealth are statistically much higher if you create a profitable small business that generates significant free cash flow while you retain majority ownership.

    The right approach is to validate your assumptions and business model with the least amount of resources possible. If you put the same amount of effort into bootstrapping that you would put into fundraising, it will likely pay off in the long run. Also, you can always raise money later — once you have proven product-market fit and a path to scale.

    2. Bad advice: Split the business 50/50 with a cofounder

    Don’t get me wrong, a strong business partner can be invaluable, but structuring your partnership correctly is critical. Novice entrepreneurs often think bringing on a “cofounder” means splitting everything 50/50.

    However, not all contributions are created equal. Before signing any partnership agreements, evaluate what each person brings to the table across criteria like the original business idea, startup capital, industry expertise, marketing abilities, etc. Then, allocate equity and roles accordingly.

    I’ve seen lopsided splits like 85/15% work fine when properly structured. Having the right partner is fantastic, but avoid leaving equity and control on the table by defaulting to equal splits.

    Deciding how to split equity can be uncomfortable, but if you’re not comfortable working through this with your cofounder, you may have bigger problems. Having this difficult conversation now may give you some insight into how you’ll work through difficult situations in the future.

    Related: How to Write a Business Plan

    3. Bad advice: Create a formal business plan

    Writing a beautifully crafted, 30-page business plan is part of the fun for many entrepreneurs. It’s where you let your dreams of target audience and sales projections run wild. But in reality, those lengthy documents are rarely useful. You don’t need to write a novel; you just need to be able to communicate the business clearly.

    Rather than getting bogged down in lengthy pages of written content, create a simple deck with 8 to 10 slides that cover the core elements: Problem to be solved, target customers, your solution, business model, go-to-market strategy and key financial projections. This should be enough to convey the critical information needed to evaluate, refine and communicate your business.

    Keep in mind that this document should change over time. There is no such thing as a bulletproof business plan, so as you learn more about the market, you can continue to revise and expand on your original.

    4. Bad advice: Focus on your product first

    Even though this is number four on the list, it’s probably the one I see most often. Most founders love thinking about their product and telling everyone they meet about it. They spend months (sometimes even years) designing how it looks, how it will work, and what it will feel like, all before a potential customer has even had the chance to use it.

    They want to make sure it’s perfect before they release it to the public. This is a massive mistake.

    We all know the famous line from the movie Field of Dreams, “If you build it, he will come.” But this Hollywood-crafted platitude shouldn’t be applied to the world of business today. In fact, focusing too much on your product in the early days is likely a waste of time. Most companies that reach $10 million a year in revenue are selling a product substantially different from what they started with.

    Instead of worrying about your product, focus on the problem you are trying to solve and the audience you are solving it for. One framework I’ve used for working through this is the Jobs to be Done theory by the late Havard professor Clay Christensen. In it, we are encouraged to look less at our product and hone in on what the customer hopes to accomplish by using our product. The theory states, “When we buy a product, we essentially “hire” it to help us do a job. If it does the job well, the next time we’re confronted with the same job, we tend to hire that product again.”

    5. Bad advice: Hire a C-level or exec assistant as your first hire

    Our final myth is about who your first hires should be.

    Too often, the advice is to hire a C-level team member. If you’re a non-technical founder, the advice is to hire a CTO; if you’re on the tech side, the advice is to hire a CMO. The problem with hiring for this role is that C-level employees are usually great at strategy and managing teams of people. This is useless when you’re just starting out, and there is no team to manage.

    What I’ve seen to be successful in the early stages is hiring someone who is hungry to work, hands-on and passionate about the business. In the early days of a business, one passionate developer who spends his days writing code is much more effective than a CTO managing a small team of devs. And it will save you tons of money. On the growth side, a jack-of-all-trades marketer who can write copy, create ads and jump on a sales call will bring more value for the money than a CMO who needs to hire a full team or an agency to accomplish the same tasks.

    Conversely, I see a lot of advice that says to work with an executive assistant or chief of staff as your first hire. In theory, this frees you up to focus on business growth.

    However, in those early days, you need every dollar to go towards impacting growth and revenue directly. Hiring administrative support roles early on creates more costs without driving revenue. As the founder, you may need to wear many hats in the beginning. But adding team members that don’t contribute to the bottom line can become a financial drain when you’re least equipped to handle it.

    Instead, your first hires should directly generate revenue — whether it’s sales, marketing or development. These roles will provide a positive ROI from day one. I like to hire people better than me at critical functions to grow the business, even if I’m really good at it myself. That way, they not only pay for themselves but accelerate top-line revenue faster than I could alone.

    Adding “doers” who just cost money before “makers” who drive revenue is a common rookie mistake. Prioritize hiring people who directly impact growth, revenue and cash flow from day one.

    Final thoughts

    The path to small business success isn’t following generic advice — it’s rigorously testing assumptions and then focusing limited resources on what will have the greatest impact based on your unique business model and goals. With the right strategic foundation in place, you can build a profitable, sustainable company without chasing arbitrary startup milestones. These lessons from my experience help you avoid some of the most common pitfalls I see derail countless entrepreneurs.

    Pedro Sostre

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  • Employees Check Their Emails 36 Times An Hour — Here Are 5 Proven Tips to Get That Time Back. | Entrepreneur

    Employees Check Their Emails 36 Times An Hour — Here Are 5 Proven Tips to Get That Time Back. | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    A recent study says the average worker receives 304 business emails a week. The average employee checks their email 36 times an hour, and 80% of workers simply resort to working with their inbox open all the time. Thereafter, it takes them around 16 minutes to refocus.

    We live in a world full of different ideas, people and businesses all vying for our attention. Nearly every app, website and company wants the same thing: your email address. This has turned our inboxes into a battleground between time-sensitive emails, valuable information and occasionally fun but useless messages.

    For entrepreneurs, effective communication is vital to the success and livelihood of your business. Receiving a torrent of emails is the new normal. Trying to read each one might feel like trying to drink water out of a fire hose.

    Productivity expert Merlin Mann saw this coming in 2006 when he coined the term “inbox zero.” Some have erroneously thought this to be advocacy for constantly checking and going through your emails every time you hear that distinctive ping. But according to Mann, the zero isn’t about reducing the number of emails in your inbox, but the amount of time your brain is in your inbox.

    Let’s look at how to reduce the stress brought on by the near-constant onslaught of emails in our modern world.

    1. Create a system

    The goal of “inbox zero” is to increase productivity. There are few more deadly productivity killers than the practice of constantly checking and replying to emails all throughout the day.

    An estimated 62% of all emails are unimportant. Therefore, increasing productivity is a matter of reducing the amount of time you spend sifting through the unimportant. Creating a system for how and when you view your emails is crucial.

    Set specific times that you view emails. Perhaps once at 8 a.m., once again at noon and one more time at 4 p.m. You could even designate certain contacts as VIPs to ensure that you receive their critical email ping at whatever time of day it comes in.

    As Stephen Covey wrote, “The key is not to prioritize what’s on your schedule, but to schedule your priorities.”

    Related: 3 Reasons Entrepreneurs Struggle When Building Business Systems

    2. Prioritize

    No one knows better what your priorities are than you do. The average worker spends 28% of the workweek reading and responding to emails. As you peruse your emails at those designated times, take note of important emails that require your instant approval or sign-off, and those heftier emails that require thoughtful input and analysis. More on those later.

    But then there are the emails scheduling meetings, sending promotional content or simply cc’ing you in. Either move them to another folder, delegate them to your secretary or just delete them. Make the firm decision. Differentiate between what deserves your attention and what is stealing it away. In that same vein, unsubscribing from useless newsletters can make a world of difference.

    3. Defer

    “It’s not enough to be busy; so are the ants,” says Henry David Thoreau. “The question is: What are we busy about?”

    Effective communication boosts productivity. When emails have to consume your time, ensure that it’s worth it.

    As we’ve already established, the majority of emails aren’t worth your time. Some are important but don’t need to take up much of your time. But there are a few that demand and deserve your attention. You can usually tell when you receive it. Instead of allowing that sinking feeling to settle and dominate your thinking all day, move them into a designated folder for your most important emails. Reply to them when you can dedicate the mental bandwidth they desire and deserve.

    And remember what Dwight D. Eisenhower said, “What is important is seldom urgent, and what is urgent is seldom important.”

    Related: Don’t Let the ‘Urgent’ Overtake the ‘Important’

    4. Eliminate waste

    I’ve alluded to this already, but here it is plainly: Many newsletters and subscriptions are a waste of time. It’ll take a while initially to achieve it, but going through your inbox and unsubscribing from useless newsletters will go a long way in decluttering your inbox.

    One useful way of ensuring that your important mailbox remains unsullied would be to create a spam email address to ensure that all your spur-of-the-moment sign-up emails are redirected to an unimportant email address. An estimated 245 billion emails are sent every day. Make sure you only have to deal with the important ones.

    5. Be flexible

    “Inbox Zero” is about reducing mental clutter and stress to increase productivity. But only you know what optimum productivity looks like in relation to your business. If the quest to declutter becomes a drain on productivity, then it’s just as bad as a packed mailbox.

    Don’t obsess over the minutiae. Instead, create good habits that allow you to be flexible. Create your own schedule, set of labels, criteria for delegation and deletion, and inbox management system that allows you to focus on productivity, eliminate pressure and a false sense of urgency. Set goals for yourself and for your business.

    Follow these five tips, and you’ll be well on your way to focusing on the most high-priority tasks, staying organized and managing your mail efficiently. And most importantly, you’ll reduce the amount of time your brain is in your inbox so it can be on other, more important things.

    Lucas Miller

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  • Survive the Startup Graveyard — This CEO Reveals What It Takes | Entrepreneur

    Survive the Startup Graveyard — This CEO Reveals What It Takes | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    From startup to market maturity, there’s much to learn about scaling a business and your career. The harsh reality is that over 90% of startups don’t make it, and nearly 20% fail within the first year. So, if you happen to be among the minority of those who survived the gauntlet of challenges in the early years, first of all, congratulations. Second, you might be at a point where you need to scale in order to grow.

    As CEO of a leading SaaS company, I get a lot of questions about what it takes to grow a company while also learning to scale as a leader. I joined Pushpay in 2016 when the company was experiencing triple-digit growth year-over-year, with about 3,500 customers and less than 200 employees. Fast forward to today — the company is wildly profitable, has more than 15,000 customers, and has 500 proud employees around the globe. On paper, I certainly did advance from a senior manager to CEO in a matter of just six years. Yet the reality is that I had been preparing for a C-suite role for years. From owning my own consulting practice to leading a growing nonprofit organization, I have been investing in professional learning and leadership at every stop, paving the way to my role as CEO.

    Along the way, I’ve learned a few things about what it takes to reach the top — and spoiler alert, they’re all things you can do, too.

    Related: 10 Growth Strategies Every Business Owner Should Know

    1. Invest in mentorship and coaching

    A mentor recognizes your potential and encourages you to reach that potential. Reaching the top is difficult, but it’s even more difficult on your own. Find a mentor who will champion your interests and can act as a good sounding board as you continue to evolve in your career. A good mentor supports and guides you through the ups, downs and everything in between and gives you the nudge you need to accomplish things you didn’t think were possible. Establishing a relationship with a coach is also immensely valuable. A coach can help you develop skills in specialized areas, offer valuable feedback and challenge you to consider different perspectives. There have been times in my career when I was meeting with a mentor or coach weekly — or even daily — depending on the challenge at hand. From a corporate perspective, seek coaches and mentors who understand the challenges of your industry.

    I have received a lot of valuable advice and guidance over the years from these individuals who have influenced my leadership approach. Some tactical examples include:

    Creating a safe place to battle out hardpoints

    In preparation for challenging meetings or discussions, it’s important to practice and refine your talking points in advance. Create a group of trusted people to help you debate topics and use them to help you refine your talking points in advance of a presentation or discussion (think quarterly earnings announcements, investor calls or a business pitch). The entire intent of this group, and these sessions, is to challenge the status quo and to call out the hard points so you have practice in how to respond well.

    Never present a new idea in the boardroom for the first time

    Thoughts and pitches should be circulated and socialized in advance. This allows for an initial temp check and early buy-in so that at the Board meeting, the answer is a quick ‘yes.’ On the contrary, socialization also allows you to understand if there’s a debate to be had and allows people to be prepared to have that debate.

    Involve mentors and advisors in the talent acquisition process

    For most of our VP and above hires, and certainly all of our C-suite hires, I now invite mentors into the candidate review process. They are a critical part of helping build the scorecard and ensure accountability, which has been extremely helpful for me throughout my career. Involving a mentor or advisor also helps ensure you are hiring without bias.

    I attribute much of my success to the many mentors and coaches who have invested in me over the years. As you advance in your career, consider paying this forward by mentoring other aspiring leaders.

    Related: What Meaningful Mentorship For Women Employees Should Look Like

    2. Fail fast

    Taking risks can be terrifying, but to elevate your career, it is necessary to learn how to take calculated risks and embrace failure. Get comfortable with being uncomfortable. Taking risks challenges you and helps you strive for growth — and if you’re not pushing the envelope, you’re not innovating and evolving. Outweighing the risk versus reward is where the balance comes in. Does the potential failure have a significant negative impact on the business, or would it just be uncomfortable? If (and when) you do fail, the important thing is to be able to pick yourself back up, learn from the failure, move forward fast and improve for next time. When you truly embrace this approach as a leader and support it as a part of your culture, you’ll be amazed by the creativity and innovation that follow from your team.

    In fact, at Pushpay, we embrace, what we call a Blameless Culture approach, which actually originated from the healthcare industry. Moving from blame to promoting a culture of accountability creates trust and psychological safety within your organization and supports growth. At Pushpay, this approach has not only shaped our product and engineer development culture but has benefited our entire company as we work together to achieve our mission. One of the earliest examples I can remember of our team modeling a “Blameless Culture” approach was when a senior leader within our engineering team at the time (in our early startup days) accidentally deleted and lost a mountain of code. It was erased and lost forever, which in turn had some downstream impacts. While it felt like a devastating loss at the time, the team immediately shifted to a solution-focused mindset rather than lingering on the action of the individual. The blameless concept, at its core, is really about learning from failures, implementing those learnings to mitigate for the future, and coming together as a team to celebrate the failures as much as the wins.

    Related: Take the Risk or Lose the Chance

    3. Invest in tools that can help you scale

    Operating with a constrained budget is not fun in the early years and often dictates what investments you can make — especially when it comes to corporate tooling. However, one of the best investments you can make is in software and technology that will have a long-term impact on your business and customers. For example, Salesforce was an early investment for us at Pushpay and one that’s paid dividends as we’ve continued to grow and scale. At the time, it felt like the investment was more than we could justify as a company in its infancy. However, our leadership team understood how important it was to set a solid foundation to ensure we had the right tools in place to support customer relations, sales, marketing and more. From a customer and data management perspective, investing in the right tools helped set us up for success against our competitors in the years to come.

    4. Have a continuous improvement mindset

    No one ever has all the answers – not even the CEO. The path to successful leadership is filled with curiosity and continuous learning. There is a big difference between managing a team of five and leading a team of 500. Ask questions, don’t be afraid to admit you don’t know something, and relentlessly pursue knowledge and truth.

    As leaders, it’s also imperative that we maintain an edge for innovation and personal learning, as we’re responsible for inspiring creativity and innovation among our teams. I think it is critical that leaders are intentional about continuing to learn, improve and advance their skills. This is especially true for middle and upper managers, who often need to activate new skills and capabilities to scale departments. Having a continuous improvement mindset leads to small incremental changes that lead to significant improvement over time. What’s one thing you can learn or do today that will help you be a better leader?

    Be proactive in learning about the industry you are in and expanding both your hard and soft skills. Hard skills that are needed and necessary in advancing in most careers are things like data analysis, decision-making frameworks and performance management methodology. Soft skills include executive communication, cross-functional collaboration, networking and building effective business relationships.

    You can broaden your technology skills by achieving certifications and participating in training, conferences and other continuing education programs. Don’t wait for someone to raise their hand to inform you of industry innovations — take the initiative on your own.

    Related: How to Expand Your Business to Over 30 Markets in 5 Years — 7 Tips for Successful Growth

    5. Do the work

    It sounds cliche and almost crass, but there is no substitute for doing the work. In a world where AI is at our fingertips, and outsourcing is normalized — there is no replacement for digging in and problem-solving in an authentic way. Leadership is hard, getting a promotion is hard, and, as I mentioned above — growing and evolving in your career can be challenging. Simply put, successful leaders aren’t successful because of luck. They are successful because they have put in the time and energy and have prioritized hard work and professional growth. I’m not saying the hustle culture is the way to go here. In fact, as a society, I think we have shifted our mindset to better support a more harmonious balance of careers and home life. However, I firmly believe that success comes to those who put in the work, and oftentimes, that means outside of the standard “work day.”

    What are you doing outside the standard nine-to-five to help you grow as a leader? Are you spending some of your nights and weekends on passion projects that are helping propel you forward in your career? Are you initiating time with leaders or influencers in your industry? Much of my growth as a leader has come from a commitment to myself to maximize those moments and be intentional about what and who I am investing time with beyond the standard workday.

    The last piece of advice I would give to anyone climbing the ladder of success is to love what you do. A large part of success comes from finding clear purpose and meaning in your work. When your mind and heart are connected to what you do, this fuels you to come to work each day to do great things.

    Molly Matthews

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  • 9 Ways to Automate Your Recruitment Process | Entrepreneur

    9 Ways to Automate Your Recruitment Process | Entrepreneur

    Even though many of us are busy with the holidays and end-of-year business activities, leaders are already thinking about the new year. A major reason for this is that companies tend to hire more during January and February. Considering the following factors, that makes sense:

    • New hiring budgets. Typically, new hiring budgets come every year.
    • Corporate employees return. The holidays are when many corporate employees, including hiring managers, return from vacation.
    • Companies know their budget and needs. Most companies know their budget and their yearly needs, making it easier to hire and afford new employees.
    • Fresh start. A new year brings new goals and initiatives for companies requiring new employees.

    The recruiting process, however, can be complicated and time-consuming. It takes a lot of steps to hire a candidate, like sourcing, screening, and scheduling. Thankfully, automation can simplify hiring, saving recruiters and hiring managers time and resources.

    You can automate recruiting in a lot of ways. Generally, these methods are used:

    • Applicant tracking systems (ATS). The purpose of an applicant tracking system (ATS) is to help you manage your recruitment process. You can use it to screen resumes, schedule interviews, and send candidates email notifications.
    • Artificial intelligence (AI)-powered recruitment tools.  With AI-powered recruitment tools, you can identify and assess candidates more efficiently. Video interviews can be used to gauge a candidate’s confidence and communication skills.
    • Chatbots. Throughout the recruitment process, chatbots can answer candidate questions. Recruiters can then focus on more complex tasks.

    This article will cover some of the most common and effective methods.

    1. Managing job postings.

    With a platform like eQuest for centralizing and automating job posting, recruiting teams can:

    • Your postings will be automatically submitted to popular job boards, career sites, and social media, allowing you to cast a wide net with the least amount of effort.
    • Update or edit live posts automatically.
    • Optimize your JDs with strategic A/B testing.

    2. Source candidates automatically.

    Recruitment involves many time-consuming tasks, including sourcing candidates. Recruiters spend more than half of their time sourcing candidates.

    An applicant tracking system (ATS) searches job boards, social media, and other websites to find potential candidates.

    ATSs can also automatically parse resumes and cover letters, extracting key information such as skills, education, and experience. As a result, you can identify qualified candidates more quickly and save time on manual screening.

    3. Screening and shortlisting of resumes.

    For every hire that a recruiter makes, they spend 23 hours reading resumes.

    With automated resume analysis, recruiting teams can parse and rank resumes closely matching job descriptions.

    There’s no denying that AI isn’t quite as intelligent as a recruiter. But it can increase your efficiency by eliminating unqualified resumes, which make up 3 out of 4 applications.

    Considering this, once you define its parameters, it will sort your applicants into piles based on criteria such as academic backgrounds and years of work experience.

    As a result, you won’t have to spend much time sorting through applicants who don’t fit your ideal profile since you’ll have a list of candidates with the necessary qualifications.

    4. Identifying and ranking candidates.

    Also available are various automated recruiting tools that employers can use to assess candidates. For instance, many companies hire programmers by automating coding tests in today’s world. Alternatively, you can set up a simple grammar test if you need a writer.

    Regardless of how you assess applicants, automation can probably do the same thing with minimal input from you. You can then follow up with these candidates for more personal, in-depth interviews.

    5. Communicate with candidates automatically.

    As soon as you have identified qualified candidates, you need to get in touch with them. If you’re recruiting for multiple positions, this can be a time-consuming task.

    With email marketing software, you can send personalized emails to candidates to automate candidate communication. Additionally, you can use ATS to schedule interviews and send interview invitations.

    6. Schedule interviews automatically.

    The next step is to schedule interviews with your top candidates once you have screened your candidates. This step can also be automated.

    Several automated scheduling solutions are available for free and for a fee. Here are a few popular options:

    • Calendar
    • Doodle
    • ScheduleOnce
    • Bookafy
    • Acuity Scheduling

    Creating and sharing a scheduling link with candidates via these platforms is possible. The candidate can then select a time slot that is convenient for him or her. You and the candidate will automatically receive calendar invitations from the scheduling platform.

    By automating interview scheduling, you can eliminate the need to work back and forth with candidates to find an interview time that works for everyone. Additionally, scheduling and confirming interviews electronically can help reduce no-shows.

    7. Conduct interviews automatically.

    Besides scheduling interviews, automated processes can also be used to conduct them. Video interviewing platforms, such as HireVue or Talview, are used to do this.

    Asynchronous video interviews can be recorded using video interviewing platforms. As a result, candidates can complete the interview at their convenience, and you can review it at your convenience.

    Video interviewing can save you time and resources by eliminating the need to schedule and conduct interviews in person. In addition, you can reach a wider pool of candidates, including those in remote locations.

    8. Automate offer management.

    When you’ve chosen the candidate, you must make them an offer. An offer letter can be made once salary and benefits have been negotiated.

    By using ATS, you can send offer letters automatically. ATS also allows you to track offers and remind candidates to accept or decline them.

    9. Streamline the onboarding process.

    After a candidate accepts your offer, you need to onboard them. For example, there might be paperwork to send, training sessions to schedule, and company resources to access.

    Onboarding checklists and tasks can be automatically created with an ATS. In addition, you can use an ATS to track new hires’ onboarding.

    The Benefits of Automating Your Recruitment Process

    An automated recruitment process offers several advantages, including:

    • Increased efficiency. You can save significant time by automating resume screening and interview scheduling. As a result, recruiters can focus on more strategic tasks, such as establishing relationships with candidates and making hiring decisions.
    • Improved quality of hires. It is possible to identify and assess candidates more effectively with the help of AI-powered recruitment tools. By selecting candidates who fit your company and the role better, you can increase the quality of your hires.
    • Reduced costs. It is possible to reduce recruitment costs in many ways by automating the process. The cost of advertising and recruitment software will be reduced, for example. Additionally, you will save money on recruiter time.
    • Better candidate experience. Streamlining your recruitment process can make the candidate experience better. An ATS platform can provide candidates with real-time updates on their application status, for example, through chatbots.

    How to Automate Your Recruitment Process

    Several ways can be automated to make recruitment easier:

    Identify the tasks that you want to automate.

    The first thing you must do is figure out what can be automated in your recruitment process. Among the things you can automate are:

    • Resume screening
    • Interview scheduling
    • Candidate communication
    • Background checks
    • Offer letters

    Choose the right tools and technologies.

    You need to choose the right tools and technologies once you’ve identified the tasks you’d like to automate. You can find ATS platforms and AI-driven recruitment tools in various flavors. A chatbot may also be a good option for answering candidate questions and providing support.

    Implement the automation.

    The next step is to implement the automation after you have chosen the right tools and technologies.

    Integrating your ATS with other systems, such as your CRM or ERP, may be necessary. Also, recruiters may need to be trained on the new tools and technologies.

    Measure and optimize the results.

    You should measure and optimize your results as soon as you’ve automated. As a result, your automation investment will be maximized. Various metrics can be tracked, like time saved, cost savings, and quality of hires.

    Conclusion

    The recruitment process can be streamlined and improved in some ways through automation. The recruitment process can be simplified by automating sourcing, screening, scheduling, and conducting interviews. This helps recruiters and hiring managers focus on more strategic matters.

    Plus, automation lets you evaluate every candidate equally.

    FAQs

    What is recruitment process automation?

    A recruitment process automation (RPA) automates tasks within the recruitment process. By freeing recruiters from administrative tasks, such as making hiring decisions and building relationships with candidates, recruiters can focus on more strategic goals.

    Why should you automate your recruitment process?

    The following are some of the benefits of automating your recruitment process:

    • Increased efficiency. Through RPA, you can automate repetitive and time-consuming tasks to save time and resources.
    • Improved accuracy. It is possible to reduce recruitment errors by using RPA.
    • Enhanced candidate experience. By streamlining and optimizing the recruitment process, RPA can improve the candidate experience.
    • Better hiring decisions. You can use RPA to make better hiring decisions by gaining more insights into candidates through data.

    What tasks can be automated in the recruitment process?

    It is possible to automate many aspects of recruitment, such as:

    • Job posting. You can use RPA to post jobs to job boards and social media sites automatically.
    • Resume screening. RPA lets you screen resumes for keywords.
    • Candidate communication. RPA lets you send automated emails and texts to candidates, like invitations to interviews and rejections.
    • Interview scheduling. RPA lets you schedule and send calendar invites to candidates.
    • Background checks. It is possible to automate candidate background checks using RPA.
    • Onboarding. With RPA, you can send offer letters and create new employee profiles.

    What are some of the best recruitment automation tools?

    Recruitment automation tools are available in a variety of forms. Among the most popular options are:

    • Applicant Tracking Systems (ATS). You can automate every step of the recruitment process with an ATS. Several popular ATS systems are on the market, including Taleo, Greenhouse, and Workday.
    • Resume screening software. You can automate the resume-screening process by using resume-screening software. Several popular resume-screening software options exist, including VCV, HireVue, and Textkernel.
    • Candidate assessment tools. You can automate candidate assessment with candidate assessment tools. Codility, HackerRank, and Pymetrics are some of the most popular tools for candidate assessment.
    • Interview scheduling software. You can automate the interview scheduling process by using interview scheduling software. Calendar, Doodle, and ScheduleOnce are some popular interview scheduling software options.
    • Onboarding software. With onboarding software, you can automate the onboarding process for new employees. Among the most popular onboarding software options are BambooHR, Workday, and Gusto.

    How do I get started with automating my recruitment process?

    It is important to identify the tasks you wish to automate before you begin automating your recruitment process. From there, you can start researching recruitment automation tools once you’ve identified these tasks. Choosing tools that are compatible with your existing HR systems and meet your specific requirements is important.

    You must implement recruitment automation tools and train your staff to use them once you have chosen them. Monitoring the results of your recruitment automation efforts is also crucial to ensure they achieve your objectives.

    In addition to automating your recruitment process, here are some additional tips:

    • Start small. You shouldn’t try to automate your whole recruitment process at once. Instead, you should automate a few key tasks at first. By doing this, you will be able to learn how to use the new tools and technologies and identify potential problems.
    • Get buy-in from your team. Be sure your team is on board before automating your recruitment process. As a result, there will be a greater chance of automation succeeding.
    • Be transparent with candidates. Let candidates know that you are automating your recruitment process. As a result, this will build trust and confidence.
    • Use automation to supplement, not replace, human judgment. You can improve your recruitment process efficiency and quality by automating it. Automated processes cannot, however, replace human judgment. The recruitment process requires recruiters to assess candidates and make hiring decisions.

    Using these tips, you can improve the candidate experience, reduce costs, and automate your recruitment process.

    Image Credit: Edmond Dantès; Pexels; Thank you!

    The post 9 Ways to Automate Your Recruitment Process appeared first on Calendar.

    John Rampton

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  • Time Management Tactics That Rely on Calendars | Entrepreneur

    Time Management Tactics That Rely on Calendars | Entrepreneur

    You’ve probably seen all the different types of calendars. Maybe you use one from time to time, tracking birthdays or other important events. Very few successful business people are without a calendar for tracking essential meetings and other day-to-day productivity items. Schools nowadays start even elementary kids with a calendar because the data says that people who use calendars are more productive and successful. But for some, calendars are little more than a wall decoration. However, when it comes to time management, ignoring your calendar means leaving a lot on the table.

    Calendars are incredible tools that you can leverage to boost your productivity. They help keep you on track, on time, and on task. That way, you can work toward long-term goals with confidence that you’re making incremental yet significant progress.

    You may be surprised to find how sophisticated calendars have become in recent decades. While physical calendars still have their place, digital ones provide more useful features than ever. Additionally, some calendars foster efficient collaborations between even the most disparate of teams.

    To take your productivity to the next level, you must focus on time management. A calendar is an amazing tool for segmenting your time into small, manageable chunks. Read on to learn about a few different time management tactics you can leverage that rely on calendars.

    Block Out Your Time

    Multitasking is one of the greatest enemies of productivity. You may feel more productive when doing two or more things at once. But in the end, you still need to spend the appropriate amount of time focused on each respective task. Not only that, but you risk a fatigue called cognitive overload from switching tasks over and over. Rather than multitask, use your calendar to hone in on one objective at a time.

    Time blocking is the practice of allocating specific blocks of time to certain tasks and activities. You can take advantage of time blocking to gain better control over your day and ensure each task receives the proper attention. By dedicating a chunk of time to a particular task you also decrease cognitive overload fatigue and increase focus. With zero distractions, you may even begin to enter flow states from time to time.

    The good news is that time blocking can be as easy as it is effective. Simply determine what unit of time you’d like to use as a basis for your calendar. Hours are often the most effective as most people are familiar with measuring their time in hours. However, you could divide your time into uneven chunks, parts of the day, or even by theme. Practice with different units to see which works best for you based on the goals you want to accomplish.

    When you eventually find a unit of time that works best for you, stick to it. This is one of the most essential keys to unlocking the full potential of time blocking. Sometimes, you may be tempted to ditch a task early or work overtime on another. But the more disciplined you are about sticking to a particular block, the more your calendar will work for you. Do your best to keep with it so you can get the most out of the time you put into scheduling your time.

    Go Digital

    Time blocking is a great way to begin your time management journey. It’s essentially the fundamental calendar skill that will let you take more control of your time and increase your productivity. However, as you begin, you may find that mapping out the hours and days isn’t always straightforward. It’s one that can end up taking a great deal of time in itself. This is especially the case if you’re using a traditional, physical calendar with tiny boxes you can hardly see.

    Rather than create more work for yourself, ditch the kitten picture calendar for a versatile, efficient digital counterpart. Online calendars are highly flexible and customizable so you can adapt them to your specific needs. You can also use them to set reminders at various times and locations to keep your work on track. Additionally, you can access online calendars from most devices. That way, you won’t have to be physically nearby to rely on yours.

    If you have a smartphone, there’s a good chance you already have a calendar baked right into your device. It will likely provide all the functions already mentioned and other app-specific features. However, your calendar’s not guaranteed to sync with all your devices automatically. Search for a calendar that lets you get the most out of the tech you already have.

    A final reason to go digital is because it increases your potential to collaborate with others. It’s much simpler for friends, family, and coworkers to plan with you when they can easily see your schedule. If everyone doesn’t use the same calendar, collaboration may be trickier. Consider going a step further and adopting project management tools, especially if you’re in a group like an office team that frequently collaborates on projects.

    Collaborate

    Project management tools are a kind of calendar designed to help teams collaborate more efficiently. They serve as a centralized platform for all project-related information. Most of these platforms incorporate a calendar feature that is the source of truth for the entire team. They display important information like milestones, deadlines, meetings, and other tasks.

    Additionally, team members can update their assigned tasks, ensuring changes are visible to everyone involved. This way, everyone stays on the same page regarding timelines and objectives. Additionally, it reduces the risk of accidentally propagating outdated or conflicting information.

    All these features may sound a bit overwhelming at first. But the good news is that many project management tools are highly visual in nature. This means that despite their complex and robust analytics, project management tools are relatively intuitive and easy to use. Colors, shapes, and other visual cues indicate where your project thrives and what areas need help. This enhances collaboration by providing clear project performance visibility and enabling data-driven decision-making.

    Project management tools are incredible for anyone who works in a collaborative setting. The more people you work with and the more sophisticated the tasks, the more your team risks inefficiencies. Effective collaboration is paramount for any team looking to improve their output. Harness the power of project management tools to increase the caliber of work your team can do. This kind of calendar will elevate your workflow to the next level.

    Don’t Waste Your Time

    You may think that adapting your schedule to an actual calendar is a waste of time. After all, that’s an activity that takes time in and of itself. So rather than scribble down dates and times, why not just get to work?

    It is true that the more you rely on your calendar, the more time it will take to organize it — at least at first. However, the time you’ll save by scheduling your days in advance will far offset this minor time investment. And this is ever more the case as you begin to share your calendar with others.

    How often have you double-booked or been the unwitting victim of someone else’s double-booking? This is just one of many unproductive time wasters that can be entirely negated using a collaborative digital calendar. Even more productivity boosts are waiting for your team if you switch to a full-on project management tool.

    At the end of the day, increasing your efficiency and productivity strongly affects your quality of life. You can use your calendar to hone in on particular tasks to get them done faster. That way, you’ll have more time and energy to spend elsewhere, wherever you choose.

    Featured Image Credit: Photo by Andrey Grushnikov; Pexels; Thank you!

    The post Time Management Tactics That Rely on Calendars appeared first on Calendar.

    Angela Ruth

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  • Digital Calendar vs. Paper Planner: How to Choose the Right Scheduling Tool for You | Entrepreneur

    Digital Calendar vs. Paper Planner: How to Choose the Right Scheduling Tool for You | Entrepreneur

    Having a calendar is a great solution if you want to make your life a little more organized. You can keep track of deadlines, appointments, or meetings and have a visual aid so you won’t forget what you need to do.

    However, now that it’s 2023, there are many different ways to keep a calendar. With everything going digital, you can now keep an online schedule. But is going digital really better than the tried-and-true paper calendar? Keep reading for an in-depth look at the pros and cons of digital versus paper calendars.

    Digital Calendar

    Having an online calendar is pretty much all the rage right now. It’s usually easy to use and access, which is helpful in the workplace, though people who aren’t techy might struggle. Here’s a deep dive into the benefits and limitations of using a digital scheduling system:

    Pros

    The accessibility of digital calendars is one aspect that makes this type so appealing. With online calendars, you have almost constant access to your schedule. Many of these systems allow you to use this technology offline, so you don’t have to rely on Wi-Fi. By having your calendar as an app on your phone, you can pull up your schedule anywhere and anytime.

    To take this concept a step further, you can even edit your calendar no matter where you are. If you’re on-the-go trying to schedule an event, you can simply pull up the app and add to it. For example, if you’re at the doctor’s office trying to schedule a future appointment, you’ll have your entire calendar at your fingertips. This makes scheduling extra efficient and easy.

    And when it comes to remembering those appointments, you won’t have to worry. Digital calendars can send you notifications to remind you about upcoming events. You’ll get a little ping on your phone or computer that tells you what event is about to start. You also have the freedom to choose how early these notifications will go off, whether 15 minutes or hours beforehand.

    Online calendars can also help you stay more organized. Many of these systems have tons of organizational features, like color-coding, so you can keep your schedule orderly. You can even add detailed information in each event you create so you can have everything in the same place. No more looking back and forth from your calendar to your notes to have all the details about a deadline or meeting.

    Finally, digital calendars also have the advantage of being environmentally friendly. Online scheduling systems leave no paper trail because they’re 100% virtual. No need to worry anymore about your carbon footprint when it comes to keeping a calendar!

    Cons

    While there are undoubtedly many positives, there are also some limitations to having an online calendar. If you’re not a “techy” individual, keeping a digital schedule might be a little daunting. You must get used to a new technological system to keep your calendar organized and working for you.

    You’ll also need a smartphone if you’re looking to be able to access your calendar from anywhere. Otherwise, you’d have to rely on your computer to know what’s happening and what day. That being said, not all online scheduling systems can access offline. This means you’d need Wi-Fi or cellular data to look at it. However, not many are this inaccessible anymore.

    Perhaps the biggest concern of having a digital calendar is the fact that it requires you to use your phone or computer. You might wonder why that’s listed as a con; however, having to get on your devices could lead to distractions. You might intend to look at your calendar, but notice a notification and look at that instead. Next thing you know, you’re in a deep research spiral about why people are boycotting seed oils.

    Another con about using technology is that looking at screens for prolonged periods can cause eye strain. With your calendar online on a device, you’ll be staring at yet another screen. In this case, a paper calendar would rest your eyes, preventing eye strain and headaches.

    Paper Planner

    Now that the pros and cons of digital calendars have been established, it’s time to investigate paper planners. You’ve heard that these can limit screen time, but what else is advantageous about using this method?

    Pros

    Just as you can access your calendar anywhere with a digital schedule, some paper planners can be easily accessible. These come in varying sizes, including pocket or purse size. You can tote this around with a small planner, too. Just remember to keep a pen or pencil with you in case you need to adjust.

    Carrying around your planner can also help you because it’s a physical object. Sometimes, your brain is more likely to remember information if it has a visual aid. And since paper planners are tangible items held in your hand, this object is like a physical reminder. This can significantly benefit neurodivergent people, who tend to thrive more with visual and physical aids.

    What’s more, having a paper planner requires you to write down all your information rather than type it. Writing has been proven to be more beneficial for your memory than typing. This is because the process will take slightly longer, making you think more about what you’re writing. Therefore, you’re more likely to remember this information. That’s why making flashcards to study is highly recommended — it’s the same concept.

    Moreover, having this physical object means you can also cross out items once completed. This can be satisfying and encouraging, as you can feel the accomplishment as you check off a task. This aspect can act as a motivational tool, in a way that digital calendars can’t, to help you get your work done.

    Cons

    Of course, there are downsides to paper calendars just like digital calendars had. What’s most obvious as a con is the fact that you’ll have to carry around your paper planner. Even if it’s small enough to fit in your purse or pocket, this is one more thing to remember to grab. If you forget and leave it at home, you won’t have access to your schedule on-the-go.

    The process of adding to and amending your paper planner can be slightly irksome, too. You’ll have to erase and rewrite information anytime you need to make a change. And if you use a pen to write down an event, you’ll have to cross it out, which wastes space and can get messy.

    Speaking of writing space, paper planners are extremely limited in this department. Especially if you use a small planner, you’re confined to a tiny square to write down all your events. You also won’t be able to include many details due to this limited space. Some planners have an area off to the side so you can elaborate on event information, but that can also be small. If you need all these details in the same place, a paper planner is probably not for you.

    Finally, paper planners can’t send you reminders like digital calendars can. You’ll have to rely on your memory for event times and deadlines. You can check your planner periodically throughout the day, but this takes up precious time. Having the ability to set reminders simply makes your life easier.

    What Sounds Best for You?

    Now that you have all the information, you can adequately decide on a winner. Do you need something physical and tangible as a visual aid? Or do you need to rely on reminder notifications to stay on task? Maybe you want to be more environmentally conscious. Based on your needs, try to pick which system will work best for you. However, you can always consider using both!

    Featured Image Credit: Photo by Ketut Subiyanto; Pexels; Thank you!

    The post Digital Calendar vs. Paper Planner: How to Choose the Right Scheduling Tool for You appeared first on Calendar.

    Howie Jones

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  • The Essentials of Effective Peer Leadership | Entrepreneur

    The Essentials of Effective Peer Leadership | Entrepreneur

    It sounds obvious. Nevertheless, improving your leadership skills will positively impact your organization. Is this still true if you aren’t a boss or supervisor? Are you still capable of leading?

    Yes, without a doubt. This is known as peer leadership. In fact, many of these pear leader traits can be learned by anyone, primarily through peer leadership.

    Additionally, as W.C.H. Prentice wrote in HBR, an effective leader is one “who can understand people’s motivations and enlist employee participation in a way that marries individual needs and interests to the group’s purpose.”

    Despite their limited authority, peer leaders can change things like processes, expectations, and education despite their limitations. For peers to lead, they should intentionally change their behavior. It is definitely worth the effort to go through this internal process of change.

    It is rare that peer leaders can affect changes to external factors like processes, expectations, or education. They can, however, change their own behavior by consciously doing so. You need motivation and discipline to transform yourself internally, but it pays off in the long run.

    Peer Leadership Explained

    Peer leadership refers to leadership by individuals who are not in authority positions. A variety of settings can host peer leaders, including schools, workplaces, and community groups.

    A peer leader is typically a peer with whom they share common challenges. As a result, they can build trust and rapport, both of which are essential for effective leadership. Compared to traditional leaders, peer leaders are often more approachable and relatable, which makes them more effective motivators and inspirers.

    Some common peer leadership goals are:

    • Encourage members of the group to develop their social and emotional skills.
    • Assisting group members in achieving their goals.
    • Creating an inclusive and supportive environment.
    • The development of peer leadership skills.

    There are many different roles that peer leaders can play within a group, such as:

    • Role model. In addition to setting a positive example for group members, peer leaders can also display good behavior.
    • Mentor. Peer leaders can provide guidance and support to struggling group members.
    • Facilitator. Peer leaders can assist in organizing and leading group activities.
    • Advocate. In addition to advocating for group members’ interests, peer leaders can speak up for their needs.

    In order to promote positive change in a group, peer leadership can be a powerful tool. By encouraging peers to lead, we can develop their leadership skills, foster community relations, and enhance their community impact.

    Benefits of Peer Leadership

    Both leaders and those they serve benefit from peer leadership.

    • An increase in motivation and engagement. You can increase your peers’ motivation and engagement by being a peer leader. This is because they are perceived as more credible and relatable than traditional leaders.
    • Improved communication skills and problem-solving abilities. Leaders can help their peers improve their communication and problem-solving skills. This is because they allow peers to work together and learn from each other.
    • Support and guidance are provided to team members. In addition to providing support and guidance to their peers, peer leaders can also act as role models. As a result, they can assist them in succeeding academically, navigating social challenges, and making good choices.
    • Enhanced sense of community. By enhancing peer leadership, a sense of community can be fostered. As a result, peers can connect with each other and work towards common goals.
    • The development of leadership skills. The development of leadership skills can be achieved through peer leadership. After all, a peer leader learns how to motivate, inspire, and solve problems. Additionally, they learn how to build relationships and work effectively with others.
    • Learn from peer leaders. By sharing their knowledge and experience, peer leaders can help their peers. In addition to learning new things, it can also help them grow as individuals.

    Benefits for peer leaders:

    • Enhance your leadership abilities. Developing peer leadership skills includes setting goals, planning and executing projects, communicating effectively, and resolving conflicts. In both your personal and professional lives, these skills can be invaluable.
    • Gain confidence. Developing confidence in one’s abilities can be facilitated by peer leadership. How? Learning how to contribute and make a difference.
    • Build relationships. In peer leadership, peers get to know each other personally and develop trust and respect. It can also help them develop relationships with their community and make new friends.
    • Learn about themselves. Self-discovery can be part of peer leadership. The strengths and weaknesses of a leader are identified, and the values and goals of the leader are understood.

    In general, peer leadership has the potential to benefit both leaders and their constituents. Leadership skills can be developed, relationships are built, and the world can be changed through it.

    Examples of Peer Leadership

    It is not difficult to find examples of peer leadership in action. Listed below are a few examples you probably see every day:

    • A peer leader can mentor younger students, tutor struggling students, and lead extracurricular activities in the classroom.
    • Using peer leadership in the workplace can help you train new employees, resolve conflicts, and improve communication.
    • In community organizations, peer leaders can plan events, raise awareness, and advocate on behalf of the community.

    How to Become a Peer Leader

    To prepare for becoming a peer leader, you can do the following:

    Being positive.

    Isn’t it cool to work with someone who can turn any negative situation around? At the same time, if you don’t care, striving for positivity in this way can come off as disingenuous. How come? The key to positivity is believing in what you say and do.

    You can also promote positivity by:

    • Give them a sense of security. A safe environment makes people think and act differently. Making mistakes, sharing out-of-the-box ideas, and being themselves is okay. If you accept their contributions enthusiastically, they’ll rise to the occasion.
    • Provide them with a purpose. Remember to remind your staff of their importance to your work and how their contributions help your company succeed. The performance of a team will be much better if it contributes to the “why” rather than the “what”.
    • It is important to praise progress. What person doesn’t love being cheered on at every step? Don’t be afraid to praise any progress even when things don’t go as planned.

    Lead without authority.

    To lead effectively within a peer group, whether in a horizontal or vertical setting, you must understand that you cannot lead through authority. True leadership is not about authority, title, or role; it is about motivating others into following you.

    You have to earn leadership. Peer leadership starts with understanding this reality.

    Make horizontal accountability a priority.

    Basically, horizontal accountability means holding each other accountable, regardless of your title. High-performing teams need this ingredient to ensure everyone’s pulling their weight and working together.

    The following tips will help you foster a culture of horizontal accountability:

    • Set clear expectations and goals. Everyone must know what’s expected of them and the team’s goals. By doing this, you’ll make sure everyone’s on the same page.
    • Provide regular feedback. Accountability requires feedback. Teams can identify where they need to improve and stay on track with it. Make your feedback specific, timely, and actionable.
    • Encourage open communication. It’s essential for horizontal accountability to have an open communication culture. Every member of the team should feel comfortable challenging the status quo and speaking up.
    • Celebrate successes and learn from failures. Whenever people achieve their goals, it’s important to celebrate them. Doing this will motivate them to keep working hard and hold each other accountable. It’s also important to learn from your mistakes. Post-mortems can be done to identify the root cause of failures and to prevent them in the future.
    • Address problems promptly. Whenever there are problems on the team, they need to be addressed ASAP. It’ll help prevent small problems from getting worse.
    • Be a role model. A leader sets the tone for the team. As such, you need to set an example for horizontal accountability if you want to foster it. It means taking responsibility for your own actions and holding other people accountable.

    Using these tips, you can build a culture of horizontal accountability in your team. As a result, you’ll have a high-performing team focused on getting things done.

    Connect with your peers.

    If you haven’t done so, start building peer relationships. You’ll understand their challenges and needs.

    Building relationships with your peers can be done in a few different ways:

    • Start by getting to know your coworkers on a personal level. Maybe you can take them out for lunch, coffee, or drinks after work.
    • Participate in projects that require you to work with others. You will be able to meet your peers and build relationships this way.
    • Be a team player. Don’t hesitate to lend a helping hand to your teammates.
    • Celebrate successes together. Celebrating something good with your peers is a great way to show your appreciation. By doing this, you demonstrate your support for them and your appreciation for their contributions.
    • When times get tough, be there for one another. Don’t be afraid to offer your support to a peer who is struggling. Whether you listen to their venting, offer advice, or just be there for them, you can help them.

    The effort it takes to build relationships with peers is well worth the effort. The key is to be authentic, supportive, and respectful. An enjoyable, productive, and rewarding work environment can be achieved through strong peer relationships.

    Make your community a priority.

    Explore leadership and service opportunities in your community. In addition to gaining experience, you will also develop your leadership skills.

    Some examples include:

    • Organize a food drive to help those in need.
    • You can start a recycling program in your neighborhood.
    • Create a community garden to ensure everyone has access to fresh food.
    • Make your community cleaner by organizing a neighborhood cleanup.
    • Donate your time to a local soup kitchen or homeless shelter.
    • Make a blood or plasma donation.
    • You can walk dogs at a local animal shelter.
    • Spend time tutoring students.

    Have empathy.

    In one survey, 86% of respondents said they were more likely to balance work and life concerns under a leader with empathy. The more you care for your coworkers, the more creative and assertive they will be.

    Even better? It is not just at work that empathy helps you thrive, but in all aspects of your lives as well.

    Make yourself relatable.

    We are most likely to relate to others when we share interests and experiences. Using peer leaders’ questions about peers’ lives and backgrounds can effectively discover that common ground. Only by showing interest can one establish relatability and unveil connective areas in which they can share their relevant stories.

    In addition to shared motivations, aspirations, and accomplishments, shared values also exhibit relatability. Similar interests can suggest kindred souls, which is excellent for building deep bonds.

    Also, people like leaders who identify with them. Almost all leadership relationships are like that. It is generally found that peer leaders who are perceived to be far more competent and ambitious than their peers tend to be less influential. It is possible to degrade peer leaders’ likeability among colleagues with similar skills when they perceive that they are over-competent, aka the Pratfall Effect.

    Don’t be unreliable.

    Being the person who always shows up will make you stand out. Responding to emails and asking for help at the right time so deadlines aren’t missed are good examples—those sensitive to others’ needs. If you’re constantly seeking ways to better yourself and show up for the group’s benefit, you’ll have a much easier time becoming an effective peer leader.

    Continually learn and grow.

    Peer leaders must learn from and grow with their peers. To be successful, they need to be open to receiving feedback and coming up with new ideas.

    Conclusion

    In any organization, peer leadership plays a critical role. A peer leader can enhance a sense of community, improve communication and problem-solving skills, and increase motivation and engagement. It is important to prepare yourself if you intend to become a peer leader.

    Become an active community member, develop leadership skills, be confident and approachable, and learn as you go.

    FAQs

    What is peer leadership?

    Peer leaders provide support and guidance to their peers. Most peer leaders are chosen for their leadership skills, like communication, problem-solving, and motivation.

    Peer leadership offers what benefits?

    Participating in peer leadership is beneficial to both the individuals involved and the organization or community as a whole. You can gain confidence, develop leadership skills, and improve communication skills through peer leadership. Besides providing opportunities for learning new things, volunteering can also provide opportunities for giving back to your community.

    When morale is high, turnover is reduced, and productivity is high, peer leadership can help.  It can also help create a more supportive and inclusive work environment.

    In what ways does peer leadership pose challenges?

    Managing the needs of the organization or community while meeting the personal needs of peer leaders is one of peer leadership’s most significant challenges. There are also challenges that peer leaders may face, such as managing time, conflict, and stress.

    How can a peer leader be effective?

    To be an effective peer leader, you need to be empathetic, approachable, and supportive. Furthermore, they are good communicators and listeners. Creating relationships and gaining trust with others comes naturally to them. Furthermore, they can motivate and inspire others to achieve their goals.

    Image Credit: Antoni Shkraba; Pexels; Thank you!

    The post The Essentials of Effective Peer Leadership appeared first on Calendar.

    John Rampton

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  • How to Decide if Time Blocking is Right For You | Entrepreneur

    How to Decide if Time Blocking is Right For You | Entrepreneur

    Time management is a crucial skill in today’s fast-paced world. With numerous tasks, responsibilities, and distractions vying for your attention, finding effective methods to manage your time is essential. Time blocking is one such method.

    This technique involves scheduling periods of time in your day or week into discrete chunks dedicated to accomplishing particular tasks or activities. Doing so is a great way to hone your focus and get things done faster and better. That said, time blocking may not be the perfect technique for everyone. Read on to learn more about what time blocking is and some ways to get the most out of it.

    What is Time Blocking?

    Time blocking is a method of time management people use that includes dividing the day into chunks of time. These blocks typically range from 15 minutes to one or several hours. Each block is dedicated to a specific task, activity, or goal. During these blocks, you focus solely on the designated task, minimizing distractions and interruptions.

    You gain better control over your day by allocating slots for various activities. As you control your time more, you can maximize your productivity during each block of time. This way you can ensure that important tasks receive the amount of time and attention they deserve. Time blocking is often visualized using a daily or weekly calendar where you fill in subsections with your planned activities.

    One of the best ways to practically leverage time blocking is by using a digital calendar. A digital calendar will give you easy access to your schedule from any device so you can always stay on track. It also provides the option to add recurring time blocks for work you know you’ll repeat on a daily or weekly basis. Such a platform only adds to the benefits that already come from traditional time blocking.

    The Benefits of Time Blocking

    As a time-management technique, time blocking boasts some serious advantages, not least of which is increasing productivity. You see, one of the greatest enemies of productivity is multitasking. While you may feel like you’re getting more done at once, multi-tasking tends to result in an overall lack of productivity.

    When you allocate specific time slots for tasks, you’re less likely to procrastinate or get distracted. By focusing on one task at a time you can work more efficiently and accomplish them more quickly and productively. As you continue honing your focus you can even begin to more reliably achieve a state of flow. Flow states are characterized by states of deep focus and concentration, which can lead to higher-quality work and creative thinking.

    Increased productivity can also help you reduce stress. Knowing that you have time dedicated to accomplishing important tasks can help alleviate feelings of being overwhelmed. With a clear plan for your day, you can approach your tasks with confidence. Developing your ability to block time can lead to a better work-life balance. Because time blocking applies to work, pleasure, and leisure, you can use it to create a holistic balance in your life.

    Time Blocking Techniques

    There are quite a few different ways to go about time blocking. There’s no one-size-fits-all approach, so try different techniques to see which works best for you. Here are a few to get you started:

    Basic Time Blocking

    First, sit down and make a list of all of your priorities. Based on deadlines, rank each item from one to ten with one being the highest priority and ten being the lowest. Then choose your highest priority tasks and break them into smaller subtasks.

    Doing the dishes could be broken down into collecting dishes, washing, and drying, for example. Allocate blocks of time to each subtask, starting with the first in sequential order. You can do this for almost any activity, making basic time blocking highly versatile.

    Do your best to mix sequential tasks with priority tasks. A task being the first in sequence usually increases its priority. However, don’t let sequence overwrite the importance of deadlines. Don’t focus on gathering dishes if doing so will make you late for work, for example. While that’s a clear-cut example, do be careful not to conflate priorities. The more you practice time blocking the better you’ll be about determining what are real priorities and what are distractions.

    Time Theming

    Time theming is similar to basic time blocking except you base your blocks around certain themes. For example, you could designate Mondays for meetings and administrative tasks whereas Tuesdays are dedicated to deep work. The main advantage of using this technique over basic time-blocking is that you reduce context-switching.

    Context switching refers to the act of shifting your focus or attention from one task or activity to another. This process takes mental energy each time and can lead to a kind of fatigue called cognitive overload. The more rapidly you switch contexts, the more likely you are to suffer from cognitive overload. Think of the different mental framework you need to fold laundry versus ironing out a spreadsheet.

    Not only does context switching impair your immediate productivity, but can also reduce your capacity for deep focus in the long run. On the flip side, time theming can actually help facilitate your ability to focus deeply. By keeping your time blocks on theme you mitigate context switching and thereby reduce your working experience of cognitive overload.

    Agile Blocking

    Unlike basic and theme blocking, agile blocking takes a dynamic and flexible approach that allows you to adjust your schedule on the fly. While reducing cognitive overload and context switching is important, sometimes priorities change and you need to address them quickly. Agile blocking takes this into consideration, sacrificing some context-switching for adaptive priorities.

    Continuous agile blocking involves continuously evaluating and adjusting your schedule throughout the day or week. Rather than sticking to a rigidly defined plan, you remain open to changes, expecting them to come. This kind of blocking is especially useful if you work in a highly dynamic environment or are responsible for managing multiple projects at once.

    One of the goals of agile blocking is to prioritize tasks and activities that deliver the most value. So to make the most of agile time blocking, it’s better to divide your time into shorter chunks rather than day-long segments. Each chunk represents a short, focused period of work dedicated to a specific task or project. These chunks can be more easily recontextualized than large swaths of time. Consider agile blocking if you’re in a freelance or management position where your priorities change often.

    Who is Time Blocking For?

    While time blocking offers numerous benefits, it may not be the ideal approach for everyone. Whether time blocking is right for you depends on your personality, work style, and specific needs. Consider these factors when deciding whether time blocking would work for you.

    Time blocking tends to be more useful for individuals who thrive on structure and prefer to have a clear plan for their day. If you’re a natural organizer and enjoy sticking to schedules, time blocking may be a good fit for you. Those in fields that require design, writing, research, and data analysis could benefit from time blocking, for example.

    Conversely, those in management or customer service positions may find it difficult to hone in on long stretches of deep work. Time blocking may also feel too restrictive if you prefer a flexible and more spontaneous approach. While agile blocking can accommodate this somewhat, it still adheres to the rigid foundations of time blocking. The great thing about this technique is that it’s something you can implement and test. See whether or not it works for you by incorporating a periodic review of it into your blocked schedule.

    Review and Assess

    Is time blocking for you? Discover how effective blocking is for you by including a periodic assessment of your scheduling into your schedule. To do this you need a way to measure and evaluate your scheduling results. Start by defining clear goals for your time and set up key performance indicators that align with those objectives. Example KPIs could include task completion rate, work time spent focused, distraction reduction, and so on.

    Track your time blocks and see which consistently meet your KPIs. These measurable benchmarks will help you gauge the impact of your blocking. Determine what you did during the more successful blocks of time. Then see if you can leverage those techniques, things, and places to greater advantage.

    Similarly, examine your least productive blocks to determine what isn’t working. What kept you distracted, and what could you do better next time? Set a regular, periodic review during your schedule to ask these kinds of questions so you can get the most out of time blocking. When done right, time blocking can prove to be an incredible technique for improving efficient and effective productivity.

    Featured Image Credit: Photo by Pexels; Thank you!

    The post How to Decide if Time Blocking is Right For You appeared first on Calendar.

    Angela Ruth

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  • Task List vs. Calendar Reminders: Which is Better in Outlook? | Entrepreneur

    Task List vs. Calendar Reminders: Which is Better in Outlook? | Entrepreneur

    Juggling multiple projects with various due dates can make your head spin. You may think you’re organized and on top of everything until you miss a crucial deadline. In today’s digital-savvy world, many turn to digital lists to create and organize to-do items.

    If you’re a Microsoft Outlook user, there are two main features to help you effectively organize your tasks: Outlook’s Task List and Outlook’s Calendar Reminders. These integrated features enable you to efficiently tackle your day, organizing and managing all the details as they best serve you and your ongoing projects, deadlines, and other work and personal commitments.

    What is Outlook’s Task List Feature?

    Just as it sounds, a task is an item on your to-do list. Outlook Calendar’s Task List feature appears in three places: the To-Do Bar, Tasks, and Calendar. You can sort and view your list based on your preference, such as the deadline. The Task List is a visual display of what you must get done, helping you stay on track. It can be helpful in prioritizing your workload and organizing your schedule accordingly.

    To create a new task, navigate to the Task List on your Outlook home screen. From there, enter the details for the task that you are doing. This includes a name for the job, a due date, and any relevant notes or helpful information for you to review. You can enter the task status as a percentage by clicking “Show more details.” You can also attach files to the task and add charms to act as visual aids for organizing your set of tasks.

    What is Outlook’s Calendar Reminder Feature?

    An Outlook Calendar Reminder is a pop-up that appears on a specific day and time set by you. It will appear in your Calendar, as a visual reminder to complete a set task. You can turn on the reminder feature by going to “Settings,” then “General,” then “Notifications” in Outlook. Select “For events” from there and then “Reminder popup.”

    Reminders can be set for particular meetings, such as client meetings you’ll need to attend. You can set how far in advance that you want to be reminded, putting the control in your hands. You may only need to be reminded a few minutes before for some to-do items, while commuting to a meeting may require a longer lead time.

    Now that you better understand Task Lists and Calendar Reminders, here are some things to consider when choosing between the two.

    User-Friendliness

    Of course, ease of use is a significant factor when it comes to using either of these Outlook features. Task lists are a separate feature distinct from Outlook’s Calendar window. That said, inputting your info into a task and setting the appropriate due date is pretty straightforward. You can also set a reminder for yourself when you want to start working on the task. This can be helpful for more extensive projects with various components or if you’re a freelancer with multiple clients.

    Calendar Reminders are integrated into the Outlook Calendar window. Setting a reminder is just as easy as scheduling a calendar appointment for yourself or creating a meeting. The pop-up window will appear at a set date and time that you’ve specified. If you’re already used to creating and scheduling appointments, you may find it just as easy to start using Calendar Reminders.

    So, as far as user-friendliness is concerned, it’s a toss-up. You may get used to entering Tasks and may like to see a list of your running to-do items in one place. Alternatively, you may be so used to creating meetings already in Outlook Calendar that having a pop-up reminder may be more up your alley.

    Compatibility with Outlook

    Both Task Lists and Calendar Reminders are part of the Outlook system, so you won’t need to download any additional apps. That said, Tasks Lists will vary based on which Outlook system you or your company have installed. If you have the Outlook app installed on your laptop and mobile phone, you’ll use the classic Task List as previously described. However, if you’re using Outlook.com, you’ll technically use Microsoft To Do.

    To-Do differs slightly from the classic Task List and has a few more features and selections, including Smart Lists. Think of Smart Lists as your personalized sticky note that updates automatically based on which tasks you’ve already accomplished. You can organize and view your tasks via your Smart Lists based on specific filters, such as “no due date” or “completed.”

    This may all seem a bit complicated, but know it varies based on which Outlook program you use. That said, Calendar Reminders is the same whether you are viewing it on Outlook.com or the Outlook app. For this reason alone, you may find the compatibility of Calendar Reminders to be more streamlined across devices.

    Reliability

    If your running to-do list is as long as Santa’s, you want to ensure you cover all your bases. Having a deadline slip through the cracks can only make you feel more stressed and on edge. Outlook’s Task List and Calendar Reminders are reliable features. However, there are no guarantees that you’ll overlook an upcoming deadline.

    The beauty of Task List is that you’ll never forget your paper to-do list again! Forgetting a notebook at the office on your work-from-home day will be a thing of the past. You’ll always have your set of priorities if you have access to Outlook. And, unlike a paper list, you can edit it as tasks change or projects shift.

    That said, if you aren’t monitoring your Task List, you can easily forget a deadline is approaching. Utilizing the “reminder” feature within the Task List can help you stay on track. For example, if you have to create a PowerPoint presentation for a client meeting next Thursday, set a reminder for the Monday before. This will give you enough time to focus on the project rather than waking up on Thursday and realizing that you never created the PowerPoint in the first place.

    Calendar Reminders are reliable as they prompt you to work on something based on a specific date and time. However, if you snooze the reminder, you may not give yourself enough time to complete the project. Seeing the pop-up window appear when you’re focused on another task may be a bit annoying for some. If you keep snoozing or deleting Calendar Reminders, it may be a sign to use Tasks List instead.

    So Which is Better?

    At the end of the day, the decision is up to you. You may find having a separate window with all your tasks organized by the due date via Task Lists best fits your needs. Seeing such a long list of to-do items may feel overwhelming for others. If this is the case, using Calendar Reminders may be what you need to break down projects into smaller, bite-size pieces.

    Both features are relatively straightforward to use, compatible with Outlook, and reliable. Try each system to see what works best for you and your needs. Whatever your decision, you’ll likely work more efficiently and stay better organized.

    Featured Image Credit: Charlotte May; Pexels; Thank you!

    The post Task List vs. Calendar Reminders: Which is Better in Outlook? appeared first on Calendar.

    Howie Jones

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