ReportWire

Tag: life hacks

  • Live Q&A: Top Tech Entrepreneur Rohan Brown | Entrepreneur

    Live Q&A: Top Tech Entrepreneur Rohan Brown | Entrepreneur

    [ad_1]

    In his docuseries My Stories With Rohan Brown, the top tech expert gives an unflinching look at his life — from a kid who got arrested at the age of 12 to playing D1 basketball La Salle to working in corporate finance and eventually entrepreneuship.

    On Tuesday, 4/25, join EntrepreneurTV’s director of programming Brad Gage as he chats with Rohan about the ups and downs of his journey, as well as the lessons he’s learned that you can apply to your business. Rohan has competed in several startup competitions including the MIT Sports Analytics Conference and Entrepreneur Elevator Pitch, and launched his own tech platform Barley, an all-in-one technical solution that makes bars a better experience for customers and bartenders alike.

    What time does it start?

    Time: Tuesday, 4/25 at 1:30 pm EST

    Where can I watch?

    Watch and stream: Youtube, and LinkedIn.

    You can watch on your phone, tablet, or computer.

    Who is the guest?

    Originally from Hartford, CT, Rohan Brown is a former D1 college basketball player. After two years in corporate finance, he left and started Barley Inc. to revolutionize beverage technology. He has competed in several startup competitions including, but not limited to the MIT Sports Analytics Conference, Silicon Dragon @ the Nasdaq Center, and the web series Entrepreneur Elevator Pitch twice, and has also been accepted into several business development programs including the Ernst & Young Entrepreneur Access Network and the Startup Leadership Program. With Barley, customers can find bars and order from their phones, without spending time waiting at the bar, while Bar owners can reach customers and learn from Barley’s all-in-one technical solution. After a successful beta run in Philadelphia, Barley is live and expanding in the Greater Miami Area.

    About EntrepreneurTV

    EntrepreneurTV’s original programming is built to inspire, inform and fire up the minds of people like you who are on a mission to launch and grow their dream businesses. Watch new docu-series and insightful interviews streaming now on Entrepreneur, Galaxy TV, FreeCast, and Plex.

    [ad_2]

    Entrepreneur Staff

    Source link

  • Gain Encyclopedic Knowledge of the Plants Around You With This App, Now $40 Off | Entrepreneur

    Gain Encyclopedic Knowledge of the Plants Around You With This App, Now $40 Off | Entrepreneur

    [ad_1]

    Disclosure: Our goal is to feature products and services that we think you’ll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners.

    Back in 2018, NBC News reported that improving the natural scenery in your workspace can increase mood, morale, and productivity. If you’re an entrepreneur always in search of a way to boost your team’s happiness (or your own), investing in some greenery is a simple, low-cost option. And if you’d like to be more knowledgeable about the plants in and around your home and office, NatureID can help.

    Learn all about the beautiful plants around you with a lifetime subscription to NatureID Plant Identification Premium Plan. Though it usually costs $59, you can give yourself an education on this interesting field for just $19.99, the best price available on the web, for a limited time with this incredible deal.

    Whether you have a green thumb or a black one, there’s a lot to learn with NatureID. This app includes an AI-based digital tool that helps identify plants around you — with over 14,000 plant profiles within the database. It also can diagnose plant diseases, and help you improve the care you give to your plant children, thanks to the AI technology.

    Just snap a pic and you’ll receive recommendations on everything from soil choices to watering techniques to what the best temperature conditions are for that plant. There’s even a light meter to see the sunlight level your plant will be receiving so you can find it the perfect spot. Expert botanists helped create content for this informative and educational app, which could act as a great plant encyclopedia with its wide range of knowledge.

    With 4.6 stars on the App Store and over eight million downloads, users are clearly loving the information NatureID gives them. Happy user Art raved, “This is an excellent value! The app is excellent and identifies plants perfectly. If your plant has an issue the app resources help you to identify the problem and fix it.”

    Get a lifetime subscription to a NatureID Plant Identification Premium Plan for the best price online, just $19.99, right here for a limited time.

    Prices subject to change.

    [ad_2]

    Entrepreneur Store

    Source link

  • 3 Things I Wish I Knew as a First-Time Airbnb Host | Entrepreneur

    3 Things I Wish I Knew as a First-Time Airbnb Host | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    In 2017, I purchased a single-family home and listed it on Airbnb as a short-term rental. Several years and additional units later, the venture grew into a full-time business that now gives me around $150,000 per month. I could say I had a good ride.

    But the journey to this success wasn’t smooth. There were many things that I wish I had done differently, especially when I was just starting. And while some might say they’re part of the whole experience, I still won’t recommend them to anybody.

    And that is why I want to share the things I wish I had done when I was new to the Airbnb industry. These lessons impacted how I did my business, and if you’re starting on your own, these will be helpful for you too. The following are the three things I wish I knew as a first-time Airbnb host:

    Related: 10 Pieces of Financial Advice I Wish I Knew in My 20s

    1. An “employee mindset” won’t get you far in the business

    Now, I don’t have anything against employees. They’re awesome because they are the foundation of our labor force. I started as an employee myself, and I have a staff who helps me with my business too.

    However, if you want to create a flourishing Airbnb business, you don’t need the kind of mindset that most employees have. Allow me to explain.

    When I started my Airbnb business in 2017, my wife and I operated our unit, and we had no trouble doing so. Our profits were more than enough to cover our mortgage for the first three years.

    However, the struggle started when we decided to do all the cleaning ourselves. At that time, we didn’t think it was necessary to hire help because we could always do the cleaning on our own. Plus, we thought it was better not to pay anyone and keep the profits to ourselves. But we couldn’t have been more wrong.

    As days and months went on, we realized that we should have done things differently. We spent so much time cleaning our Airbnb that it was draining. Sometimes we’d be tired from appointments, and we still couldn’t rest because we had to clean our unit.

    It was then that we knew the business became another 9-to-5 job for us, and we were operating with an employee mindset. We wanted the job done right and to make more money, so we thought we had to do everything ourselves.

    But this employee mindset didn’t get us far, and neither would it be for you. The Airbnb business requires effort, and if you’re not careful, it could drain your time away from the most important things you should be focusing on. Instead, I recommend you get people who can make the work easier for you.

    Don’t hesitate to use some of your profits to hire help because, in the long run, you’ll benefit more from it. It’ll free up your time, and when you have more time, you’ll get the chance to focus on growing the business. You can even launch a new Airbnb if you want to!

    Related: How to Start an Airbnb Business Without Owning Property

    2. Delegation is the key to time freedom

    This is in the same context as the first lesson I mentioned, but it’s so important that it bears repeating.

    You see, there are three primary operations in the Airbnb business: cleaning, maintenance and communication. Now for your business to thrive, you have to take care of these three areas equally. But this would be extremely difficult, especially if you have more than one unit and you’re doing all the operations alone.

    People will check in and out of your Airbnb, so cleaning and maintenance need to be taken care of regularly. The problem when you’re doing those things yourself is that you are trading time for money. This is why you need to delegate those tasks and automate them for your work to be easier.

    You can hire people to do the cleaning and maintenance for you, create an automated cleaning and maintenance calendar that they will follow, and you’re good to go. You can even get a virtual assistant to help you on the communications side.

    This is how million-dollar entrepreneurs operate their businesses: by building a team and a system, hiring, delegating, and automating all the operations. And I wish I had known this sooner.

    3. Collecting a 1099 Form will reduce your taxes

    The IRS 1099 Form is a collection of tax forms that you have your subcontractor sign so you can take what you pay them as a tax deduction. This applies to the people you hire to clean, do the maintenance, and do your communications. As long as you pay them $600 or more within the same calendar year, you must collect a 1099 Form from them.

    This is something that I wish I had known when I was getting started. I didn’t know that I needed to collect a 1099 Form, so I ended up paying for money I didn’t keep.

    Now to be fair, no one told me about it then, so I didn’t know. But now that you have an idea make sure to implement it to protect your profits so that you won’t lose out in the end.

    Related: 8 Ways to Save Money on Business Taxes

    Conclusion

    Making mistakes as an entrepreneur is perfectly normal, especially if you’re new. However, no rule says you must make blunders for the sake of experience.

    Instead, you can learn from those who have already been through the same struggles and learn from their backgrounds. After all, success leaves clues. By learning from the experience of others who have overcome similar struggles, you gain valuable insights and avoid unnecessary pitfalls.

    So take advantage of the wealth of knowledge available to you, and start building the business of your dreams today.

    [ad_2]

    Jorge Contreras

    Source link

  • The Entrepreneur’s Guide to Effective Time Management | Entrepreneur

    The Entrepreneur’s Guide to Effective Time Management | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    From the moment I embarked on my multi-venture entrepreneurial journey, I learned that managing multiple businesses simultaneously presented a unique set of challenges. I found that organizing my time and working efficiently became increasingly harder as my businesses evolved and the overall potential of my time became a challenging aspect of daily life.

    Each day, I found myself confronted with overwhelming to-do lists, desperately trying to divide while still dedicating my attention to my various ventures. The burden was heavy, and the lines between work, relaxation, and rest were blurring, leaving me feeling perpetually drained and disoriented.

    I struggled with prioritizing and delegating tasks, unable to move forward with purpose. As the hours of the day vanished into the ether, there was a persistent sense of inadequacy, and I was keenly aware that there was more I could do to propel my businesses forward.

    Juggling multiple businesses successfully requires entrepreneurs to maintain effective management. It’s taken me many years to forge more positive habits, and the process is an ongoing endeavor, but it does get easier. One vital aspect that often goes unnoticed is the importance of understanding the value of your time. Awareness of your time’s worth can lead to better decision-making, enhanced task prioritization and efficient resource allocation.

    Related: Here’s How to Calculate the True Value of Your Time

    Below are some effective methods to calculate the value of your time and the subsequent advantages of possessing this knowledge.

    Keep track of time spent

    The first step is to track how much time you spend on each of your ventures and different tasks within those businesses. This can be done manually using a spreadsheet or a calendar or by utilizing any of the time-tracking apps on the software market. This will help you identify where your time is currently being spent and how much time you have available for work.

    Related: Track Your Time to Get More Done

    Establish your hourly rate

    Next, divide the annual income of each of your businesses by the number of work hours you’ve dedicated to working in each. This calculation will provide you with a rough hourly rate.

    For example, if your income from one of the businesses is $1,000,000 and you work 800 hours a year, your hourly rate with that venture would be $1250 per hour.

    Assess the opportunity cost

    Opportunity cost refers to the potential gains from selecting a different course of action. As an entrepreneur with multiple businesses, consider the prospective income you could generate by dedicating your time to the highest-earning venture. Calculate the opportunity cost for each business by comparing the hourly rates and selecting the most profitable alternative.

    Consider personal satisfaction and preferences

    While earnings are crucial, personal preferences and satisfaction should also be considered. You might enjoy working on a less profitable venture more, or it could offer a sense of fulfillment or personal growth. Achieving a balance between financial value and personal satisfaction is vital when evaluating the worth of your time.

    Consistently review your time’s value

    As your businesses evolve, the value of your time will also change. Regularly review your earnings, hours worked, and personal preferences to ensure informed decision-making regarding effective time allocation.

    Related: 3 Ways to Figure out the Value of Your Time as an Entrepreneur

    Why is it important to know the value of your time?

    Enhanced decision-making: Being aware of your time’s worth helps you prioritize tasks and delegate efficiently, allowing you to focus on what is truly important.

    Greater efficiency: Recognizing the value of your time enables the identification of areas that can be optimized or outsourced, leading to increased efficiency and profitability for your businesses.

    Improved work-life balance: Calculating the value of your time assists in managing your workload and achieving a healthy balance between work and personal life.

    Stronger negotiation skills: Knowing what your time is worth equips you with the confidence to negotiate service rates or contracts, ensuring you receive fair compensation for your work and time.

    For entrepreneurs managing multiple businesses, determining the value of your time can be a game-changer as you utilise that knowledge to enhance your businesses’ performance and personal satisfaction. Before long, you will find yourself being more efficient and making smarter decisions about where and how you allocate your valuable time in every aspect of your life.

    [ad_2]

    Ryan Godinho

    Source link

  • Is Decision Fatigue Making You a Careless Partner? Here’s How to Fix It. | Entrepreneur

    Is Decision Fatigue Making You a Careless Partner? Here’s How to Fix It. | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Every day, entrepreneurs make thousands of decisions. Tiny, trivial choices — fries or salad — and those with high stakes, like terms for additional funding. Sooner or later, you can’t summon the mental energy to choose. Confronted with Netflix queues or dinner options, you sigh and tell your partner, “Whatever you want.” Are you selflessly conceding? Not really.

    Abstaining from choice makes us appear thoughtless. When decision fatigue shows up in our personal relationships, it’s perceived as carelessness. Among colleagues, it signals poor judgment, indecisiveness, or worse, incompetence.

    Decision fatigue is energy depletion that leads to impaired judgment, since choices require brain power for multivariate analyses (If I do x, then y will happen). Projecting outcomes, even unconsciously, comes with a biological cost. The brain seeks shortcuts and becomes reckless when it gets tired — impulse purchases and daily fast-food orders are evidence of this. The quickest shortcut is doing nothing. We opt out.

    “Whatever” or “It’s up to you” are disconnected replies that suggest the choice, and even the person asking, is not important. The burden falls to our partners or co-founders to choose for us. To help you be more present in your personal and professional relationships, here are some tips to prevent decision fatigue.

    Related: Decision Fatigue Is Destroying Your Focus, Motivation and Drive

    Practice decision batching

    High-stakes decisions diminish our energy levels, but so do high volumes. Let’s imagine it takes 15 units of brain power to make one big choice, like hiring for a senior executive role. By comparison, 15 small decisions — medium or large, hot or iced, for here or to go — also require 15 units of brain power. Numerous small choices are also exhausting. It helps to plan for them.

    Decision-batching might include weekly meal prepping on a Sunday afternoon or building a capsule wardrobe and laying out each day’s outfit the night before. Think of Steve Jobs and his famous uniform: black turtleneck, blue jeans and sneakers.

    Easy wardrobe and food options leave leftover energy so you can be more present for those small choices that impact others. Taco Tuesday could prevent a spat over dinner.

    Treat big decisions like tasks

    When consequences are involved, treat the decision like a task. Build time into your calendar as you would for meetings or appointments. We tend to make hasty decisions when we try to fit them in between other responsibilities.

    I’m shopping for a new CMS, which isn’t earth-shattering, but it is an expense. I’ve blocked out time for research, short-listing and onboarding to ensure I don’t do these things sporadically and become overwhelmed.

    If the choice has more substantial consequences, set aside some time earlier in the day when you are most alert. One small study published in the journal Cognition found that chess players made slower, more accurate decisions in the morning and faster, less accurate decisions in the afternoon.

    This tactic can also be applied to household decisions, like family vacations. Set aside time for each family member to choose an activity or excursion. Make the planning its own activity over a big Sunday breakfast. I have two boys, and I do consider teenage boredom a high-stakes consequence for the mood and dynamic of a long trip.

    Related: Decision Fatigue Is Real. Here’s How to Overcome It.

    Know your entrepreneurial mindset

    In my experience, entrepreneurs tend to encounter one of two decision-making challenges: perfectionism or impulsivity. Both can lead to decision fatigue.

    Perfectionistic brains don’t like ambiguity and want to make the “right” choice. In a scenario with no obvious win, perfectionists feel unfulfilled and stressed. But churning over the same choice again and again, without any new information, is just as tiring as choosing.

    An impulsive brain, on the other hand, will make any choice to alleviate the tension of unmade decisions. This can lead to more mistakes, so the same decisions will need revisiting. It helps to know which type of decider you are. Perfectionists can remind themselves that opportunities may be lost if one lingers too long. Impulsive choosers should sleep on it.

    Unlike physical exhaustion, which is palpable, decision fatigue is sneaky. We may not feel tired when our judgment is flawed, and we may not notice how our energy depletion is affecting others. It’s best to form good habits, lest we seem careless or detached. Decision-making is a skill. If we fail to choose, we don’t practice, and we won’t improve.

    [ad_2]

    Sherry Walling, PhD

    Source link

  • One Company Will Pay You to Enjoy Bad Weather on Vacation | Entrepreneur

    One Company Will Pay You to Enjoy Bad Weather on Vacation | Entrepreneur

    [ad_1]

    The disappointment is real when less-than-ideal weather conditions threaten to put a damper on that beach vacation or camping trip you’ve dreamed about for months. It’s enough to make you reconsider going at all, or, worse still, leave you with a serious case of buyer’s remorse.

    Nick Cavanaugh, founder and CEO of Sensible Weather, wanted to find a real solution to that all-too-common problem, and he was uniquely positioned to do so, having worked both as a climate scientist and consultant.

    So he did. Sensible Weather’s service is simple: It offers customers paying for a trip or activity outdoors a weather-guarantee protection based on the expected weather conditions in a particular location. Customers can rest assured they’ll have a good time — because they’ll be automatically reimbursed if it rains.

    Image credit: Sensible Weather

    It was a fantastic business opportunity. But for Cavanaugh, the venture went beyond that.

    “After spending 10 years at the intersection of climate, data and finance, I still felt that there was this gap,” Cavanaugh explains. “Most people didn’t really understand how climate and climate change affected them. And my goal was to build a product that could be as relevant for as many people as possible, to show them directly, ‘This is why it matters in your life.’”

    Because Sensible Weather launched during the pandemic, outdoor recreation and camping/glamping became its first two main verticals, driven by the reduced demand for travel involving flights or hotel stays, Canavaugh says. But today, Sensible Weather boasts more than a dozen partners, including the PGA of America and Rebel Hotel Company’s Manhattan property The Renwick — with plenty more on the horizon.

    Related: Meteorologist Sneaks Rap Lyrics In Weather Forecast, Goes Viral

    “We often wind up with a Weather Guarantee that costs 8-12% of the trip cost.”

    Sensible Weather “turns the whole insurance idea on its head,” Cavanaugh says, as it’s entirely data-driven and consumer-experience-oriented. There’s no underwriting based on human experience or reliance on filed claims for reimbursement, which streamlines Sensible Weather’s process from pricing to payout.

    “We underwrite based on weather and science around weather probabilities, and that’s what dictates how much a particular coverage costs,” Cavanaugh explains. “And then on the fulfillment end, if, say you’ve purchased a rain guarantee for your golf outing on that day, we’ve said, ‘Hey, if it rains for this long, if it rains for this much, we will pay you back.’ So we don’t require the golfer to tell us how much it rained. We know how much it rained, so we just put the money back in their hands.”

    The number of hours of rain needed to trigger a payout is subject to seasonality and locale, Cavanaugh says, noting that “for obvious reasons” consumers are generally less inclined to travel to places during times of the year when the weather is likely to be bad there. “Or at least if they are, they aren’t traveling to these places contingent upon weather-sensitive activities, and therefore aren’t our target customers for the Weather Guarantee anyway,” he adds.

    In other words, Sensible Weather’s pricing very much hinges on the reasonable weather expectations people have for their trip.

    “In wetter destinations, they may be more tolerant of a little rain, whereas in drier destinations, they may be intolerant of any rain at all,” Cavanaugh says. “By adjusting the threshold of rain needed for reimbursement in these two examples, we often wind up with a Weather Guarantee that costs 8-12% of the trip cost.”

    Sensible Weather’s guarantees are very rarely more expensive than that, Cavanaugh says, and in fact are often significantly less expensive in drier locations, like Arizona.

    Related: Catching Up On Climate Change? There’s Still Time to Do It Right.

    “We needed to build [the technology] ourselves because it needs to be very, very fast, and very scalable.”

    Sensible Weather’s consumer experience is seamless and straightforward because of the technological complexities unfolding behind the scenes. The company relies on data from a comprehensive modeling suite and observations based on information from satellites or radar, combining them to get a full picture of the weather risk.

    “The coverage of these data sets is global,” Cavanaugh says, “so the specific area would be indexed by its latitude, longitude coordinate, and then there’s a time component which could be going backward — things that have already happened — or forward, like in a weather forecast model or a climate projection.”

    On the weather-guaranteed day itself, that data combination is also in play, ideally predicting unfavorable conditions before the consumer even experiences them.

    “We can say ‘Hey, you’re going to be at this music festival for the next couple of hours, and we’re expecting it to be raining at this time. Here’s your money,’” Cavanaugh explains. “But we also have various real-time weather observations [on the back end] that can say, ‘This is what actually happened.’”

    We can say, ‘Hey, it’s not going to be a great day. We want to put some money in your pocket.’

    Sensible Weather designed a proprietary technology to make the end-to-end process possible. “The reason that we needed to build it ourselves is because it needs to be very, very fast, and very scalable,” Cavanaugh says.

    The key is not to disrupt the online purchase flow for Sensible Weather’s partners, Cavanaugh explains. And so far it’s paying off. The response has been positive, with customers appreciating the preemptive payments and partners enjoying reduced friction to purchase and fewer complaints when the weather takes a turn for the worse.

    Cavanaugh looks forward to expanding Sensible Weather’s offerings into different coverage areas, including snow, wind, temperature and air quality, and to getting the product into more people’s hands.

    “Opting in at point of sale is what most people think about when you think of a supplemental coverage product,” Cavanaugh says. “That said, we can bundle it; it can come in your room rate. We can have credit card benefits. There are a lot of ways that we can build this behind the scenes, where maybe customers know they have it, or maybe they don’t. But in the moment, we still have this surprise and delight factor — We can say, ‘Hey, it’s not going to be a great day. We want to put some money in your pocket.’”

    Related: 10 Billionaires Stepping Up to Fight Climate Change

    [ad_2]

    Amanda Breen

    Source link

  • 5 Must-Follow Tips for Achieving Success Before Turning 30 | Entrepreneur

    5 Must-Follow Tips for Achieving Success Before Turning 30 | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Success doesn’t happen overnight. If you want to become successful by 30, take responsibility to start planning the blueprint for your life now. The foundation that you build today sets the tone for your future.

    Becoming successful by 30 requires perseverance, consistency, and resilience. While success might fall into your lap, it’s often achieved through discipline, learning from mistakes, facing obstacles, and sheer hard work.

    Today, we’ve spoken with Mark and Dylan, two successful business owners under 30. They run a brand called Huge Supplements, which is one of the fastest online supplement stores.

    Related: 7 Mindsets That Guarantee Enduring Success

    We asked them which tips they applied to achieve the position they’re currently in — here’s what they had to say:

    1. Get out of your comfort zone

    Success doesn’t grow in comfort zones. Life goals aren’t achieved when we follow the same patterns, spend our time focusing on the same things that haven’t brought us success, or hold onto old behaviors that don’t get us ahead.

    One of the biggest things that hold people back from becoming successful is getting stuck in their comfort zone.

    For example, if you prefer to spend all your time with your friends and family in the same place where you grew up, you might miss out on life-changing opportunities available in other places. Consider changing jobs, and towns, or seizing a lucrative chance when the opportunity presents itself.

    Even if it doesn’t, if you know you would have a better chance to achieve your dreams somewhere else, you may need to take the initiative and create your own opportunity. It’s important to take a risk now to become successful before you turn 30. Take opportunities that can boost your financial or career success.

    A comfortable job that doesn’t challenge you, advance your career, and push you to success can prevent you from becoming who you want to be before you’re thirty. Do what it takes, be bold, and take a step that scares you but puts you on the right path to hitting your goals.

    2. Manage your money

    Saving, budgeting, and learning how to use your money wisely are some of the best ways to achieve and maintain lasting success. Even if you don’t make a lot of money, it’s important to learn how to manage your finances properly if you don’t do so already.

    The good news is that there are a ton of helpful resources, from apps to podcasts, to help you save, track, and invest your money.

    Related: 6 Simple Strategies for Better Money Management

    If you are deep in debt, you should prioritize paying down high-interest debt. Get smart with money by setting financial goals for spending, saving, and retirement. If you want to be successful and financially free, it all starts with managing the money that you do have.

    Educate yourself about investments and consider putting some of the money that you save through wise spending into something such as a business, course, or another kind of education that will improve your goals for a stable and successful future.

    3. Pursue your passion

    If you’re under 30, this is the best time to figure out what you excel at and what you enjoy doing. Thanks to a wide variety of opportunities today, you don’t have to get stuck in a mediocre job doing something you don’t love for the next thirty years.

    Take the time to ask yourself questions that can help you figure out your passion. Write them down. Break big goals into smaller, actionable steps with estimated deadlines. What do you dream about doing or becoming? What drives you to invest your time or money? Answering these questions can help you uncover your life purpose.

    4. Develop marketable life skills

    Once you’ve nailed down your central passion or passions, it’s time to start building the skills that will help you start a business, launch a brand, or land that dream job in your chosen field.

    Achieving success by age thirty in any career requires certain life skills that will help you break through to that next level of success. Marketable life skills aren’t just the functional skills or training that you need to do the best job possible.

    These include mental strength, coping skills, and a drive to succeed even when you face setbacks or roadblocks in life. It takes imagination and thinking outside the box. It also means tuning out distractions such as social media, television, gaming, partying, or anything that holds you back from giving your passion the time and focus that it needs to develop and thrive.

    At the same time, character traits alone won’t land you a job at a top firm, become an influencer in your field, or make it into the echelons of power. You’ll need to hone your problem-solving skills and get the education, training, or practical abilities needed to make it big.

    5. Build your network

    The road to success can be a lonely road as you put in long hours to achieve your dream. But, it doesn’t have to be. It’s important to let the people who are important to you know that you care about them. It’s also vital to create a professional network to help advance your career.

    Related: Boost Your Solopreneur Business with These 3 Proven Tips

    Rome wasn’t built in a day, and most people don’t achieve success early on in life without honing strong working relationships with individuals who can boost their careers to the next level.

    Some of the best ways to network are to make professional social media connections, attend career conferences, hand out your business card to professionals with whom you connect, and have your elevator pitch ready to go if a golden opportunity comes up.

    Networking isn’t all about self-promotion and getting your pitch across, either. Seek mentors who will help you grow, learn, and infuse you with their experience and positive potential.

    Final Thoughts

    While everyone defines success differently, it’s important to decide what that looks like for you. Maybe it looks like a fulfilling personal and professional life. It may mean becoming an entrepreneur, raising a family, starting a company, going back to school, or achieving a satisfying work-life balance.

    The key is to write down or create a visual plan for what you want to achieve by age thirty.

    First, figure out where your passions and talents lie. Next, get your finances in order, whether it’s paying off debt, controlling your spending, setting aside savings for retirement and the future, stepping outside your comfort zone, developing mental toughness and putting in the work, and making connections with the right people who will help lift you towards the life you want rather than pull you down.

    Whatever success by age 30 looks like for you, the best way to achieve it is to create a holistic roadmap. Once that takes you step by step through the journey to get you where you want to go.

    [ad_2]

    Under30CEO

    Source link

  • How to Expand Your Comfort Zone and Create a Life You Really Love | Entrepreneur

    How to Expand Your Comfort Zone and Create a Life You Really Love | Entrepreneur

    [ad_1]

    When Kristen Butler was a kid, she says she felt a sense of responsibility to succeed because her family was on welfare and struggling financially. The oldest of four kids, she was an ambitious seven-year-old who often took on leadership roles, whether that meant taking care of her siblings or selling jewelry to make money. “When I was little, I told myself I didn’t want to be poor.”

    Her passion for writing emerged at an early age, and she aspired to write a book. When she was in third grade, her teacher told her she would never accomplish that goal, which motivated Butler even more. Years later, a supportive journalism teacher in high school helped to ignite her passion for writing and that encouraged her to pursue a degree in journalism.

    Despite her initial success in college, Butler eventually experienced burnout and decided to drop out. Rather than give up, she used her passion for writing and her entrepreneurial spirit to start her own business out of her apartment. Her first venture was an eBay shop, which she built through hard work and determination.

    One day she realized the key to feeling good was having a positive mindset and she started her company, Power of Positivity. 14 years and more than 30,000 pieces of content later, Butler has a following of more than 56 million people across her social channels and her 3 Minute Positivity Journal sold 100,000 copies.

    Over the years, Butler says she’s learned that success is not about stepping outside of your comfort zone, but rather about being true to yourself and pursuing your passions and that inspired her to write her first book The Comfort Zone: Create a Life You Really Love with Less Stress and More Flow. Through her journey, Butler has learned that success is not about conforming to the expectations of others, but rather about following one’s own path and pursuing one’s passions with determination and dedication.

    She sat down with Jessica Abo to talk about her new book, how you can realize your own potential, and shared the steps you can take to expand your comfort zone.

    [ad_2]

    Jessica Abo

    Source link

  • 5 Surprising Benefits of Professional Networking | Entrepreneur

    5 Surprising Benefits of Professional Networking | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    For those yet to understand its value, professional networking can often be viewed as a necessary evil — something you must do to build your career or grow your business. Networking has long been recognized as an essential element of building a career, establishing oneself in a community or growing a business. But the benefits and impact of professional networking go far beyond simply making connections.

    Professional networking can open doors that may have previously been inaccessible, expand your thinking and allow you to innovate, making it one of the smartest investments you will ever make. Here are some of the surprising benefits of professional networking:

    Related: How Networking Can Increase Your Business’ Net Worth

    1. Access to new opportunities

    One of the most obvious benefits of networking is access to new opportunities, but just how valuable these opportunities can be is often overlooked. Whether you’re looking for a new job, seeking investors for your business or looking for new clients or customers, networking can help you get your foot in the door. By building relationships with others, especially those outside your usual sphere of influence, you’ll have access to a wealth of opportunities that you may previously not have been able to access or tap into.

    2. Learning and development

    Networking is not just about making connections — it is also about learning, developing and expanding your perspective. By attending events, participating in forums and discussion boards and connecting with others, you’ll have the opportunity to learn from others and expand your knowledge and expertise. The best networking comes from meeting people who have a unique perspective to your own. You may even find a mentor or coach to help you grow your skills and achieve your goals.

    3. Building your reputation and brand

    Networking can also help you build your reputation and brand. By attending events and participating in online communities, you’ll have the opportunity to showcase your expertise and skills and cultivate a positive reputation. The more people who have positive interactions with you and identify you as a knowledgeable person with which they can build rapport, the more likely you are to have increased visibility, more clients or customers, and even more opportunities. People often say they do not invest in a business, they invest in a person. Your reputation and brand are often considered one of the cornerstones of success and a deciding factor for many people choosing to do business with you.

    Related: Why Networking Is a Must for Successful Entrepreneurs

    4. Emotional support

    Building a professional network is not just about business — it’s also about building relationships with others who understand the challenges, stresses, highs and lows of your field. Many business leaders struggle with feelings of loneliness while running their businesses. By connecting with others, you’ll have access to emotional support and camaraderie, which can be invaluable for your mental health and well-being, and you’ll also have the opportunity to learn from others and potentially avoid stressful or costly mistakes. No person is an island, and there truly is no reason to go it alone, especially with so many people on a similar journey to your own. Feeling supported enables us to push our boundaries and navigate difficult times more effectively.

    5. Increased confidence and self-esteem

    One of the most impactful unexpected benefits of networking is the profound positive impact on your confidence and self-esteem. The more time spent networking and communicating with others, the more significant this impact will be. By curating meaningful connections with others, you’ll likely feel more confident in your abilities and more secure in your career or business.

    You may even find new opportunities or ideas that were previously unconsidered, which can boost your confidence and help you grow. From speaking to a wide range of people from different levels and fields, you subconsciously increase your experience and expertise in presenting, public speaking and maintaining positive interactions, enabling you to adapt to social situations and opportunities to discuss ideas.

    To maximize the benefits of networking, it is important to approach it strategically and meaningfully. This means setting clear goals, identifying people of interest and developing a plan to build and nurture relationships over time. It is important that you are authentic and transparent in your interactions with others and follow up regularly to maintain and strengthen relationships as they grow. Relationships generally cannot be built overnight, and although there will be instances where you and another individual hit it off right away, most relationships will take time and patience.

    The benefits and impact of professional networking go far beyond just making connections. Networking can help you access new opportunities, learn and develop your skills, build your reputation and brand, find emotional support and increase your confidence and self-esteem. By ensuring networking remains a priority, you’ll have access to a wealth of resources and support to help you achieve your goals and thrive.

    Related: Why Building Your Network Is More Important Than Ever

    [ad_2]

    Keith West

    Source link

  • 4 Easy Ways to Make More Money By Training Your Brain | Entrepreneur

    4 Easy Ways to Make More Money By Training Your Brain | Entrepreneur

    [ad_1]

    Can you train your brain to make more money?

    Mental rehearsal is a powerful psychological technique that’s used by athletes, billionaires, and entrepreneurs to achieve their goals.

    Imagine you have a goal to make $1 million. Rehearsing each step in advance will allow you to prepare for any stressors that could impede your journey. By creating simulations in your mind — the race you want to win, the business you want to build, or the money you want to make — you have more power to achieve your goals.

    In this video, I break down the science of mental rehearsal and the four steps you need to train your brain to make more money.

    Take the free quiz right here to discover why you’re unfocused and failing to reach your goals (only available for a limited time). And be sure to grab a copy of Ben’s award-winning book, Unstoppable, which has been read by more than 70,000 people worldwide.

    [ad_2]

    Ben Angel

    Source link

  • 9 Strategies to Turn Adversity Into an Advantage | Entrepreneur

    9 Strategies to Turn Adversity Into an Advantage | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Adversity can feel like getting caught in a cold, torrential downpour with nothing but a colander for an umbrella. All you’re left with is a drenched outfit, chills and an infinite bucket of hope that your phone will still work.

    In today’s fast-paced, ever-evolving world, adversity also happens to be inevitable. But what if these challenges could be harnessed as a driving force for innovation and growth?

    These nine strategies will show you how to embrace adversity, harness its potential and use it to fuel your rise to greatness.

    Related: The 6 Principles for Overcoming Entrepreneurial Adversity

    Get comfortable with discomfort

    The first step in turning adversity into an advantage is to embrace the uncomfortable. Challenges and setbacks can be downright unpleasant, but they also provide a unique opportunity for growth.

    Instead of shying away from the storm, put on your metaphorical raincoat and dance in the rain. By learning to tolerate discomfort, you’ll be better equipped to face life’s challenges head-on and emerge stronger than before.

    Practice the art of perspective-shifting

    When faced with adversity, it’s easy to get bogged down in negativity and lose sight of the bigger picture. But, like a skilled photographer who can turn a mundane scene into a masterpiece by simply changing the angle, you too can reframe your perspective to find the silver lining in any situation.

    Ask yourself: “What can I learn from this experience?” or “How can I use this challenge to grow?” By focusing on the potential for growth, you’ll be more likely to turn adversity into an advantage.

    Related: 5 Reasons Why Personal Growth Also Boosts Business Achievement

    Build your resilience muscle

    Resilience isn’t a trait that someone is born with — it’s a skill that can be developed with practice.

    To build your resilience muscle, start by setting small, achievable goals that push you out of your comfort zone. As you overcome these challenges, you’ll gain confidence in your ability to tackle even bigger obstacles. And remember, just like any workout routine, consistency is key.

    Cultivate a growth mindset

    The difference between those who crumble under adversity and those who thrive is often a matter of mindset.

    Adopting a growth mindset means viewing challenges as opportunities for growth rather than insurmountable obstacles. This perspective shift can make all the difference in your ability to bounce back from setbacks and turn adversity into an advantage. It’s like turning water into wine, but with fewer miracles and more hard work.

    Seek out support

    There’s an African proverb that says, “If you want to go fast, go alone. If you want to go far, go together.”

    Navigating adversity is no exception. Surround yourself with a network of supportive friends, mentors and colleagues who can provide encouragement, advice and a shoulder to cry on when the going gets tough.

    Remember, even superheroes need a sidekick.

    Practice self-compassion

    In the face of adversity, it’s all too easy to beat yourself up and dwell on perceived shortcomings. But just as you wouldn’t scold a friend for their mistakes, you should extend the same kindness to yourself.

    Practice self-compassion by acknowledging your struggles, forgiving yourself for any missteps and reminding yourself of your inherent worth. Everyone has an off day now and then.

    Related: Self-Compassion Is an Essential Tool for all Entrepreneurs

    Embrace failure as a learning experience

    In a world that celebrates success, failure can feel like the ultimate defeat. However, failure is an essential ingredient in the recipe for resiliency.

    Treat setbacks and failures as valuable learning experiences that provide you with the knowledge and wisdom to do better next time. It’s like adding a pinch of salt to a batch of cookies — without it, the end result would be bland and lackluster.

    Find your purpose

    Having a clear sense of purpose can act as a guiding star when you’re navigating the stormy seas of adversity.

    When you know what you’re passionate about and what you want to achieve, it becomes easier to stay focused and motivated, even when the going gets tough. Take some time to reflect on your values, dreams and goals — let them light your path through the darkness.

    Keep moving forward

    When faced with adversity, it’s important to keep putting one foot in front of the other — even if it feels like you’re moving at a snail’s pace.

    Like Dory from Finding Nemo wisely said, “Just keep swimming!” Progress may be slow, but it’s still progress. Celebrate your small victories, and remember that the road to success is often paved with setbacks and detours.

    Related: 9 Tips for Finding Your Life Purpose

    Turning difficulty into opportunity is all about embracing the storm, learning from your setbacks and developing the resilience to bounce back stronger than before. By practicing these strategies, you’ll not only be better equipped to handle life’s challenges but you will also unlock your full potential for growth and success.

    [ad_2]

    Kash Hasworth

    Source link

  • I Ran a Marathon Without Training. Here’s What I Learned and How It Made Me a Better Entrepreneur. | Entrepreneur

    I Ran a Marathon Without Training. Here’s What I Learned and How It Made Me a Better Entrepreneur. | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Physical exercise has always been an important part of my routine. In the course of starting my company, I’ve used long-distance running and cross-training as a means to de-stress, socialize and insert some level of control and predictability into a professional lifestyle that is pretty chaotic.

    I’ll preface this with the obvious: I’m an average athlete. However, as I’ve gotten older, my approach to physical activity has actually taught me a lot about how to be a better company founder and entrepreneur.

    These are a few of those reflections and lessons I’ve learned along the way:

    Related: 5 Things Running Races Taught Me About Running a Business

    Put in the miles

    In the process of building my last company, I picked up David Goggins‘ book, Can’t Hurt Me, in which Goggins outlines his personal transformation from a potato chip and chocolate-shake-drinking, gelatinous pest exterminator to a badass Navy SEAL and Ultra Endurance Athlete. I was fascinated by Goggins’ story, particularly with how he was able to train his mind to push through pain to achieve his goals. His most famous (and insane) feat was running a 100-mile ultra-marathon in under 19 hours without formal training, which ultimately led to kidney failure and broken feet.

    Nevertheless — I thought, what the hell? If this Goggins guy can run 100 miles without training, why couldn’t Justin Vandehey, an average athlete in decent cardio shape, finish a marathon without formal training?

    So, that’s what I did, and boy, was that stupid.

    First, I attempted to condense training. I was doing CrossFit four days a week and purchased a weighted vest to strengthen my legs. According to my math, if I ran five miles each day with a 20lb vest for three months, that SHOULD equate to the wear and tear that my body would experience over the course of 26.2 miles.

    The result? I finished my marathon time at the same time as Oprah. What’s more, I had stress fractures throughout both my legs and broke three toes.

    What did this teach me? For one, I’m not David Goggins. More importantly, as an entrepreneur, the miles really matter. Whether it’s fundraising, sales or building products, how you train matters. There are no silver bullets to learning these functions or building an exceptional company. Find a coach, mentor or advisor who can help you build a plan toward achieving your outcome in each of these crucial aspects of your business. Put in the miles.

    Related: 5 Reasons Why Every Leader Should Run a Marathon

    Take the rest when you can

    In my second marathon attempt, I was committed to a plan. I purchased an online training program from Hal Higdon, updated my Apple Watch and began actively tracking my miles and heartbeat while putting in the work, including the long 20-mile weekend runs.

    My goal was to qualify for Boston, a 3:05 marathon finish according to my age bracket. I was feeling really good. I was maintaining a seven-minute race pace during my training runs and had read on running forums that adrenaline usually pushes runners to an even faster pace during the race.

    I wanted to put everything I had into training for this race, so three days before the event, I elected to get two non-prescribed squat training workouts during my taper week.

    The result?

    On race day, the adrenaline kicked in, and I maintained a 6:45/mile pace through 18 miles. However, I came out way too fast — and ultimately, those two additional leg workouts taxed my IT band to the point where I couldn’t put any pressure on my left leg. That pain led to further GI issues, which arose (literally) at mile 23. My pace for the remaining eight miles fell to nine minutes/mile. I finished the marathon in under four hours but fell incredibly short of my goal

    What did this teach me?

    Take the rest when you can get it. Ignoring taper week and doubling down when my body needed to recover was incredibly stupid. As entrepreneurs, we often can’t force an outcome by pushing all of the time. When you need to rest, or when it’s prescribed that you rest, do it. You’re working toward the best outcome for your business, and there is no extra credit if you’re overextending yourself.

    What’s more, you can’t control all of the variables that occur when things start to go off the rails. I had trained to eat during the race, but the pain that I was experiencing in my IT band triggered reactions from my body that I could have never anticipated. Sometimes negative momentum is just as powerful as positive momentum. Embrace it for what it is, and be kind to yourself when things aren’t going as expected.

    Related: How Marathon Running is Inspiring Present Day Entrepreneurs

    Embrace the suck

    After a handful of marathons and half marathons, two of my friends convinced me to join them as a third teammate in a CrossFit competition (Hey bro, did I mention I do CrossFit?) I entered the competition confident, knowing that I had just come off hardcore marathon training and felt good about my strength endurance. The competition consisted of four lifts, all of different movements to test an athlete’s fitness level.

    For the first lift, I absolutely smoked the field, which contained a heavy cardio component and a long outdoor run. However, for the second lift, we were asked to do a single rep maximum lift of a clean and jerk movement. This was purely a strength exercise, and I am without a doubt an endurance athlete with poor shoulder mobility.

    The result? I came in dead last out of 35 people on the heavy complex lift. I was pretty embarrassed with my individual performance. However, my other two friends on our squad crushed their individual lifts and raised our average to the middle of the overall competition.

    What did this teach me?

    It’s okay to suck at something and just fully absorb that failure. It keeps us honest and humble about our abilities and gives us something to build on. It also reminded me of how critical a diverse team is to overall success. We all have things we’re going to excel at, so focus on doing those things well and lean into the strengths of the others on your team. For what it’s worth, I did come in eighth place in the heavy farmer’s carry, which I’m assuming comes from some combination of hauling groceries, growing up on a dairy farm or carrying little humans (a.k.a. my kids) around.

    As entrepreneurs, we question the impossible and challenge the limits that are set for us. Many people think we’re programmed for success (nature) or that we’re born into circumstances that forecast excellence (nurture). I’d argue that this process is an evolution, not a static moment in time nor something that we inherited or are born with. It’s also a process that we should try to enjoy.

    As I train for an Ironman competition this Fall and have already discovered my lack of buoyancy and the inability to move my hands and feet at the same time, I’m trying to remember that. So, if you’re reading this and know a good swim coach, you know where to find me. I’m the lanky guy in the pool with poor shoulder mobility, laughing and crying while trying not to drown, fully embracing the suck.

    [ad_2]

    Justin Vandehey

    Source link

  • Why Do We Stay in Dysfunctional Relationships? | Entrepreneur

    Why Do We Stay in Dysfunctional Relationships? | Entrepreneur

    [ad_1]

    Once you realize you’re pouring time into an unsuccessful venture, project or partnership, why is it so hard to exit and invest your time elsewhere?

    [ad_2]

    Entrepreneur Staff

    Source link

  • How to Restructure Your Mornings for More Energy During the Day | Entrepreneur

    How to Restructure Your Mornings for More Energy During the Day | Entrepreneur

    [ad_1]

    Ben Angel, bestselling author of Unstoppable (Entrepreneur Press® 2018), CLICK, Sleeping Your Way to The Top in Business, and Flee 9-5, is Australia’s leading marketing authority. Founder of benangel.co, a site dedicated to providing entrepreneurs advanced online marketing courses and education, Ben provides easy-to-apply and even easier-to-understand strategies for reaching new customers with ease.

    [ad_2]

    Ben Angel

    Source link

  • 5 Ways ChatGPT Is Empowering People with Disabilities | Entrepreneur

    5 Ways ChatGPT Is Empowering People with Disabilities | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    Artificial intelligence (AI) is transforming our world in myriad ways, and one of its most significant impacts is on the lives of people with disabilities. AI-driven programs like ChatGPT are helping to bridge communication gaps, facilitate access to information and foster independence for individuals with various impairments.

    While AI has many applications, today we will explore five ways AI is capable of helping people who disabilities may hinder work more efficiently and comfortably.

    Related: What Is Artificial Intelligence (AI)? Here Are Its Benefits, Uses and More

    1. Cognitive enhancement

    As someone who was diagnosed with ADD as a child, I have found AI to be a great tool for staying organized. For individuals with cognitive impairments, memory loss or conditions like Attention Deficit Hyperactivity Disorder (ADHD), staying organized and remembering essential tasks can be a daily struggle. In these instances, artificial intelligence, particularly AI programs like ChatGPT, can serve as a valuable and personalized assistant. Some of the ways I have personally used ChatGPT that have personally helped me are:

    • Customizable reminders: ChatGPT can be programmed to deliver personalized reminders for a wide range of essential tasks, such as taking medication, attending appointments, or completing daily chores. By tailoring these reminders to each user’s specific needs and preferences, AI-driven chatbots can help users better manage their schedules and responsibilities.

    • Motivation and encouragement: In addition to providing practical organizational support, ChatGPT can be set up also to offer motivational messages and encouragement to users as they work towards their goals. This emotional support can be invaluable in helping individuals overcome challenges and stay committed to their personal growth and development.

    • Routine establishment: Establishing routines can be critical for individuals with cognitive impairments, as routines can provide structure and stability. ChatGPT can assist users in developing and maintaining daily, weekly or monthly routines, offering guidance and support to help them adapt to new habits and stay on track.

    Related: What Does ChatGPT Mean for the Future of Business?

    2. Enhancing communication

    Communication is essential for everyone, and AI chatbots like ChatGPT can significantly improve it for people with hearing or speech impairments. By converting speech to text and vice versa, these chatbots enable seamless communication, allowing users to engage in conversations with ease and participate in social interactions they might have otherwise found challenging.

    Various disabilities may hinder one’s ability to communicate how they want to. However, GPT 4 is now available to the public and streamlining effective communication just got easier for everyone. People across multiple categories may have difficulty speaking, communicating effectively or expressing themselves properly.

    However, with the assistance of AI, disabled people can utilize GPT4 to help them communicate more effectively, provide clarity and offer communicative insights that help disabled people efficiently express themselves and their ideas with ease.

    3. Reading and writing assistance

    AI chatbots can make reading and writing more accessible for individuals with visual impairments, dyslexia or fine motor skill difficulties. By reading aloud text-based content or providing writing suggestions, ChatGPT can help users compose emails, essays and other documents with greater ease and efficiency.

    It is well known that AI is also a great writing tool and thus can help disabled people write easier. While some argue that AI is taking jobs away, some might see it as an opportunity to create more job opportunities for disadvantaged and marginalized people. As a business owner diagnosed with ADD, I can say that using AI has helped me with proofreading, spelling and writing.

    Related: Employers Need Workers. Now They’re Realizing The Untapped Talent of These People.

    4. Personal reminders and organizational support

    AI can be a valuable assistant for those with cognitive impairments or memory loss. ChatGPT can be programmed to remind users of essential tasks, such as taking medication, attending appointments or completing daily chores.

    This support can be instrumental in helping users maintain their daily routines and stay organized. Isolation and loneliness can be significant issues for people with disabilities, especially those with mobility or communication challenges.

    GPT-based AI technology can provide companionship through conversation, offering a listening ear and comforting responses. This interaction can be a source of solace and help alleviate feelings of isolation.

    Related: Unlock the Powerful Gifts Your Disability Taught You About Being a Better Leader

    5. Supporting education and learning

    AI-driven programs can play a vital role in helping students with disabilities access education. By answering questions, providing explanations and offering alternative learning materials, ChatGPT can serve as an invaluable resource for learners who may require additional support or accommodations. Everybody learns differently, and as someone who has personally faced the challenges of a learning disability, I can affirm that the way I process information is different.

    AI can assist as a resource of information, and GPT4 can break down information in different ways, depending on what is asked of it. For instance, you could ask chat GPT to help explain an idea or curriculum to somebody who has a learning disability in a specific way, or educators could use a guy to come up with creative ways to help people with learning disabilities excel.

    Artificial intelligence programs like ChatGPT can make a remarkable difference in the lives of individuals with disabilities (Myself included). By empowering people with enhanced communication, greater independence, and increased access to essential information and resources, AI is breaking down barriers and opening up new possibilities for those who may have previously faced significant challenges.

    As we embrace AI technology and continue to explore its vast potential, we must remain committed to developing inclusive and accessible solutions that can help all members of our society thrive. By doing so, we can work together to create a more equitable and connected world where everyone has the opportunity to succeed, regardless of their abilities.

    One great way to think about the current capabilities of AI is instead of comparing it to a search engine, think about something like ChatGPT as a thinking engine, where instead of it merely being a means to discover and search for data, it is also a technology that allows users to search for ways to think. AI isn’t perfect, but it certainly has positive use cases that have the potential to help those in need greatly.

    [ad_2]

    Devan Leos

    Source link

  • How Proving My Value Helped Me Reshape the Face of High-Value Asset Trading Globally | Entrepreneur

    How Proving My Value Helped Me Reshape the Face of High-Value Asset Trading Globally | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    My dad left when I was 11 years old. I watched my mom struggle to pay bills and provide for my sister and me. I decided that I would find a way to help.

    It wasn’t my first time getting a job, and it definitely wouldn’t be my last. But with every new position I took, I had to prove my worth. I had to convince managers and people in charge why a child was a valuable hire.

    This education in promoting myself and conveying my value allowed me to understand how others perceive worth in the world.

    Related: 7 Ways to Know Your Worth and Shake the ‘Poverty Mindset’

    It started with weeds

    The first job I had to take was with the apartment manager of the complex I lived in. I did some landscaping, cleaning and other random handiwork for much-needed cash. I was too young to work officially; the funny part was that this was my second job.

    This job wasn’t being promoted; it didn’t exist. They weren’t looking for someone to fill in the gaps I found. Chances are, the apartment manager wasn’t aware of the need for the work I provided. I could see what needed to be done and communicated compellingly to the apartment manager.

    I was able to showcase my ability to see problems and offer solutions, as well as my willingness and desire to work. There is great value in someone willing to identify and complete the work that needs to be done. This was my first experience understanding my value.

    Then came pizza

    My next job was more official, but I had to fight for it. The pizza shop was not legally allowed to hire anyone under 15. I was 13 and needed a job. I was unwilling to take “no” for an answer, so I understood that I would have to convince the manager of my value.

    I came in day after day asking for a job. Eventually, the manager said he could not hire me because anyone under 15 could not work with the food. So, instead of selling him on the idea that I would join the kitchen crew, I sold him on the idea that I could man the phones. He couldn’t argue with that, so he gave me the job.

    By thinking outside of the box and refusing to give up when it got challenging and didn’t look like it was going to happen, I was able to own my worth and reach my goals. This early lesson gave me powerful confidence to move forward throughout the rest of my life.

    Related: Don’t Just Sell Yourself, Communicate Your Value: 6 Valuable Tips

    There’s power in creating opportunities

    When I needed to create income for my family so young, there weren’t opportunities being advertised that I could grab. I had to identify where I could offer value to others and create the opportunity I sought. In a study from MIT, researchers found that immigrants are actually “job creators,” creating more firms of every size, large and small, than people born in the U.S. While there are several reasons why this might happen, researchers cited the lack of opportunities available to immigrant workers as a core catalyst for why these businesses would be started.

    Another study explored the connection between adverse childhood experiences and creativity. According to the research, the group with the highest amount of adverse experiences also had the highest amount of creativity. By harnessing my creativity, despite facing adversity, and having the fortitude to create my own opportunities, I was able to move beyond the circumstances I was born into.

    High-value person, high-value assets

    When you continually have to showcase your value confidently, you stop questioning it. It’s much easier to own your value when you consistently make a case for why you are deserving, helpful and an asset to any team or situation.

    Working with high-net-worth individuals requires the utmost confidence. It is impossible to help people manage their valuable assets without first valuing yourself. You have to be able to walk into a room and advise some of the wealthiest, most brilliant and most insightful people on the planet without hesitation.

    By advocating for myself since I was a child and consistently showcasing my value to people who had more power, money and influence than I did back then, I have been able to own these rooms and situations with unflinching, unwavering confidence. You create significant change when you have the confidence to advise and provide solutions along with the experience and know-how to deliver results.

    Related: 10 Ways to Build and Boost Your Confidence

    I made a habit of looking for the things that needed to be done back when I was 11 — that skill is exactly what built my business. The market was crying out for something different, and it was clear that high-value Asset Management needed a mobility makeover.

    Once I realized that high-net-worth individuals needed more mobility for their assets, I was able to build a platform that increased each asset’s deployability. That meant people no longer had to hold on to assets that weren’t working for them and could trade for something that would enrich their lives.

    [ad_2]

    Jarrett Preston

    Source link

  • Do You Know Your Money Language? It Can Have a Real Impact. | Entrepreneur

    Do You Know Your Money Language? It Can Have a Real Impact. | Entrepreneur

    [ad_1]

    Chances are, you’ve heard of the five love languages: words of affirmation, acts of service, gifts, quality time and physical touch. First outlined by Gary Chapman in his 1992 book The Five Love Languages: How to Express Heartfelt Commitment to Your Mate, the concept has since become a cultural phenomenon, surprising even the writer himself, per The New York Times.

    But there’s another language you should know if you want healthy relationships and finances. According to wealth manager and “fiscal feminist” Kimberlee Davis, four money languages influence the way we think and talk about our financial situations — and can have a real impact on our romantic partnerships.

    [ad_2]

    Amanda Breen

    Source link

  • How to Heal Emotional Scars from Past Jobs | Entrepreneur

    How to Heal Emotional Scars from Past Jobs | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    “Jena, I think I have PTSD from my last role. It’s impacting how I show up at my new job, and I don’t know what to do about it.”

    While this person almost always certainly doesn’t qualify for a PTSD diagnosis, the pain in their statement is real. It’s incredibly common to experience a significant negative event at work such as bullying, harassment, discrimination or job loss. For example, a study by the Workplace Bullying Institute found that 19% of workers have experienced workplace bullying, while a study by Zippia found that 83% of U.S. workers suffer from work-related stress.

    Related: 5 Simple Ways to Reduce Stress and Enjoy Your Work

    How professional scar tissue shows up in new roles

    The psychological impact of these events can carry forward into a new role in substantial ways. Common ways professional scar tissue carries forward into a new professional chapter include the following:

    1. Hypervigilance: You are always on the lookout for the shoe to drop. You don’t expect things to go well for you. You are anxious, intense and on edge. This impacts your ability to effectively collaborate with others because you are always expecting the worst.

    2. People-pleasing: You go above and beyond, have few boundaries and are always saying “yes.” You are afraid of disappointing others because if someone is unhappy with you, you fear losing your job or not getting the recognition you deserve.

    3. Micromanaging: You are involved in details you don’t need to be involved in. If you know absolutely everything about everything, you have more control over your situation. This causes people to get annoyed at you. You are labeled as being too “in the weeds” and not giving people enough space to do their job.

    4. Being overly cautious: It’s important to learn from past mistakes. Sometimes we can take it too far and be overly rigid and inflexible because we are afraid the next mistake might be catastrophic (like it perhaps felt in the last job).

    5. Self-sabotage: If you expect the worst, you are likely to manifest your reality. I often see folks whose fears around failure become all-consuming, and they engage in self-sabotaging behaviors subconsciously. Unfortunately, in these situations, what they fear eventually happens.

    6. Anger: You fear being taken advantage of and struggle with trusting your colleagues. You carry anger from past experiences that have absolutely nothing to do with your current job and team. Your team feels your wrath and intensity and wonders what they did to deserve this.

    Related: Career Trauma Is a Real Thing. Here’s How to Recognize and Recover From It.

    How to manage your career baggage and control your healing journey

    While career baggage is common, it is your responsibility (not your employer’s) to manage it. I often see people expecting their new team and new manager to tiptoe around their triggers. As a business psychologist who has coached dozens of folks who have these sets of challenges, the best outcomes happen when the person with the baggage takes control over their own healing journey. Ways to do this include the following:

    1. Recognize your triggers, and plan for them: It is likely that some new teammates’ personalities remind you of people in your past. Get clear on who those new folks are, how they trigger you and how you can better plan to manage your interactions with them.

    2. Take more breaks: While people are healing from carer baggage, I recommend scheduling more breaks throughout the day. Breaks help to reset the brain. Shake off the energy. Get a healthy snack. Move your body.

    3. Say “no:” If you overextended yourself in your last job and burnt out, learn from the past. Know your limits, and communicate them.

    4. Focus on sleep, good nutrition, exercise and hydration: The basics never die. While you are healing, focus on getting your body healthy. This way, your nervous system is prepped and primed to take on the day.

    5. Focus on building strong relationships: Most career baggage is rooted in trust issues. Developing positive relationships with coworkers and managers can help you build trust and confidence in your new job. Push yourself outside your comfort zone and participate in networking and team-bonding activities.

    6. Gratitude practice: Your new job is not your old job. One way to train your brain into that new reality and avoid falling into old patterns or old behaviors is by having a consistent gratitude practice. Practice giving thanks for the positive aspects of your new role. This will create more psychological separation from past negative experiences.

    Remember that overcoming professional scar tissue is a process that takes time and effort. At the same time, you are responsible for your own healing journey, so take control. While you are on this journey, be patient with yourself and seek help when needed. With the right support and strategies, it is possible to move forward and thrive in your new role.

    [ad_2]

    Jena Booher, Ph.D.

    Source link

  • How to Master the Floor Plan of Your Goals and Take Ownership of Your Freedom | Entrepreneur

    How to Master the Floor Plan of Your Goals and Take Ownership of Your Freedom | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    We recently held an internal meeting in a conference room at an upscale hotel that was practically a maze. Around the room were several doors, so when one of our group members wanted to find the restroom, he checked behind every single door. He wanted the freedom to use the restroom when he needed it, but door after door, he found none.

    I knew of at least one restroom in the lobby — hardly a quick trip — but after watching my colleague’s fruitless search, I chose to take that long walk whenever I needed it. If I had known more about the hotel’s floor plan, I would have realized there was actually a much shorter route to get to that same restroom. The more I knew about the floor plan, the faster and more efficiently I could have accomplished the task of finding a restroom.

    This is why some people achieve what others cannot: They have a higher level of understanding of the “floor plan” behind achieving those tasks. The goals they have yet to achieve are “the floor plans” they still need to understand better. In fact, with enough knowledge of the floor plan behind it, anyone can achieve whatever they want.

    We all have this freedom at our fingertips — the ability to match what we desire with reality and get what we want. Rather than something we are entitled to have, this freedom is something we have to earn. Of course, there are boundaries — physical, legal and ethical — and one person’s freedom cannot come at the cost of another’s. But within that scope of limitations, the only thing preventing us from what we want is a lack of understanding of the correlation between our desires and what we need to obtain them.

    Related: 5 Steps to Freedom

    What is freedom?

    When I talk about freedom here, I mean each individual having the freedom to get what they want. The key to unlocking our freedom is thoroughly understanding “the floor plan” — the intrinsic laws behind achieving a task. A rocket scientist cannot ignore gravity to make the rocket work. Similarly, a business eager to successfully sell a product or service cannot simply market an item without understanding its intended customer base. They must first identify what products the customers would be interested in, which marketing platforms are most likely to receive customer engagement, the price point this customer group can afford and so on. Businesses have the freedom to achieve lofty business goals, but they must first understand the boundaries within which they operate. The more we know about everything involved in achieving our desires, as well as any limitations in our way, the greater our capacity to obtain them.

    The same idea is applicable to all walks of life. If you wanted to earn a promotion at your current workplace, you would need to first learn everything you could about the position, the criteria to fill it, your strengths and weaknesses as a candidate and background information about the superior doing the hiring. Once you’re more familiar with the path to a promotion, it becomes much easier to convince that supervisor to promote you.

    Understand limitations

    Freedom may be getting whatever I want, but I have to realize and accept the scope of the situation and operate within those limitations to make the most of my freedom. I may want to own the moon, but its physical size and the laws of nature would prevent me from taking possession of it. Similarly, legal or ethical limitations would keep me from legitimately claiming, “The moon is mine.”

    Obtaining the moon is beyond the scope, and attempting it anyway would ignore those limitations. The more I tried to own the moon, the more pain I would encounter in the process. If I disregard the fact that none of the doors in the conference room lead to a restroom, I endure the pain of slamming into dead ends instead of finding the relief of what I actually want.

    Just like we have a better chance of achieving our goals with a greater understanding of everything involved in that process, understanding the floor plan means knowing all about the limitations that might get in the way. We either find a route around those limitations, learn more and put in more effort to create a route around them, or accept that our freedom to obtain this goal is beyond the scope of our ability and invest those efforts more wisely.

    Related: 7 Steps to Achieving Any Goal in Life

    Freedom requires compromise

    Limitations to our freedom are many, but a major limitation to an individual is any other person we encounter in pursuing their freedom. If each individual has the freedom to obtain what they want, what one person wants cannot inhibit what another person wants. Everyone must have equal access to their freedom.

    Equality, in this sense, is not necessarily about everyone getting the same. We all want different things and, as such, freedom will look different to all of us. If we have one apple, equality may not be splitting that apple in half. I hate apples, so I would let someone who wants an apple have it. But if they have the freedom to have an apple because they want it, I should have the freedom to eat an orange because I want it. That’s equality.

    If I wanted the apple, too, then we might need a discussion about how to approach that with equality. This still might not involve a 50/50 split. Maybe I agree to let you have the apple as long as you buy me one from the store later on. To get what we want in this situation, freedom means coming to a compromise where each of us can accept the limitations on our freedoms as being sufficiently equal.

    Master the floor plan

    Mastering a floor plan takes effort. People get what they want through their dedicated efforts to understand more about the layout and routes involved in getting it — the more they know, the better equipped they are for success. If I had known more about the floor plan of the hotel where we had our meeting, I might have also seen the club right next to the conference room with not only a restroom but also a kitchen in case I wanted a snack.

    More effort to learn and understand can potentially earn me more than I set out to obtain. Master the floor plan, take the best route, and get what you want quickly, effectively and efficiently. The framework of these principles is universal and applicable to any scenario, from successfully marketing a product or service to earning a sought-after job promotion and everything else in between.

    Related: How to Create a Mindset That Fuels Your Growth and Gets You What You Want

    [ad_2]

    Simin Cai, Ph.D.

    Source link

  • 3 Simple Methods To Achieve Work-Life Balance And Combat Decision Fatigue | Entrepreneur

    3 Simple Methods To Achieve Work-Life Balance And Combat Decision Fatigue | Entrepreneur

    [ad_1]

    Opinions expressed by Entrepreneur contributors are their own.

    It’s 8 pm on a Wednesday night. Let’s imagine you’re having dinner with a good friend passing through town for work. Your entrees have just arrived, you clink wine glasses and toast to the occasion. But just as you’re about to pick up your fork, the needy vibration of a cell phone forces you both to pause.

    Hot food. Buzzzzzz…

    Good company. Bzzzzzzzz…

    Decisions, Decisions.

    If this sounds like the setup for a corporate-style Choose Your Own Adventure book, then guilty as charged. Because the reality is that we live (and relive) these choices multiple times per day. If you answered the call, turn to page 27. If you hit Decline and put your phone in your coat pocket, turn to page 32.

    Page 27: “Ah, sorry, let me just take this quickly,” you tell your dining companion. “It’ll just take a second,” you say assuredly. As a polite gesture, your friend waits for your call to finish as the steam noticeably stops billowing from your dinner plates. Four minutes later, the call ends. “Now, where were we?” you ask as you prod your fork into a room-temperature floret of broccoli.

    Page 32: You look at your phone with a hint of curiosity but then quickly decline the call and remove your phone from the table. Your friend grins from across the table as you excitedly dig into your hot, mouthwatering dish. Your friend’s eyes widen, “Oh, wow! This is amazing, you have to try it!” she exclaims with delight.

    Ok, I admit that one was easy. I didn’t say who was calling, and assuming you turned to page 32; you likely noticed my clear bias for a hot plate of food and a good catch-up. I’m well aware that these micro-decisions we face throughout the day aren’t always so obvious. They can make us feel pulled in opposing directions.

    Enter work-life balance and decision fatigue. Trying to strategically and repeatedly toggle the scale between responsibility and urgency can still leave us questioning whether or not we’re doing it “right.” That’s because the life-work balance is profoundly personal and ever-evolving. Situations fluctuate in both arenas. How do you handle it when your VP hands in her notice and her last day conveniently coincides with your long-awaited vacation? What do you do when your assistant calls in on the same morning you’re supposed to supervise your 9-year-old’s class field trip to the zoo?

    Related: Work-Life Balance Is Simple. To Succeed at Work, Get a Life.

    Unfortunately, I don’t have simple solutions to help you with any of the above. But I do know that this constant pressure to make the right decisions is emotionally exhausting. Decision fatigue is a real issue recognized by the American Medical Association. Not only does it make us feel drained, but it also wears on our cognitive ability to make good daily decisions. This overload results in procrastination, impulsivity, avoidance, and, ironically, indecision.

    We need clear parameters when it comes to what we do and do not do when work-life swerves into our home-life lane. The “right” choices for you, the ones that won’t send you into a mental fury of second-guessing yourself, are the ones you make based on your values. And a values-based life enables harmony to exist in both places, but most importantly, within yourself.

    1. Sync your personas

    Try not to compartmentalize your life. My friend and client, Karlee Fain, calls this a “Split-Labeling Disorder.” It’s that need we feel to adapt who we are to where we are. But switching between “business-you” and “home-you” all the time takes up valuable energy that could be put to other uses. Imagine how much easier life would be if we stopped juggling two versions of ourselves and embraced one.

    Think about where your work self and your home self converge and lean into that whole self. Be vulnerable every once in a while, and show off your humanity. Not only does this help foster more authentic workplace relationships, but it also creates ease and cohesiveness. Create an environment where employees have the same space to incorporate their personal and professional lives. A space that’s driven by meaning that recognizes full-spectrum humanness inspires harmony.

    Related: A Work-Life Balance Will Help You Keep Employees

    2. Focus on Relationships

    Putting more effort into cultivating positive work relationships is a win-win for everyone. Research shows that investing time and effort into social capital in the workplace results in higher retention, happier employees and reduced burnout. In his podcast, Jay Shetty addresses the topic, revealing that people who feel they have a good work-life balance work 21% harder than those who don’t.

    3. Designate your spaces

    Create purposeful spaces and use each space for its intended purpose. When we work at the kitchen table or eat lunch at our desks, we’re confusing our brains. Sociologist Martha Beck explains, “There’s a reason service dogs mustn’t be petted or played with when they’re wearing their work vests: They need to be clear that they’re on the job. But when the vests come off, service dog owners must play with their animals in order to keep them from becoming exhausted and depressed. You’re the same way: Having clear boundaries will help you work enthusiastically, then truly rest.”

    Rather than feeling like you’re always one step away from tumbling off the work-life balance beam, try reframing things from the lens of harmony. When you can hone in on a singular self, it naturally invites more authentic relationships to develop. And those interactions, whether in your designated workspace or the car on a family vacation, will help you build a much stronger foundation for success in all aspects of your life.

    Related: What’s Happened to Work-Life Balance? Here’s How to Help Employees Find It.

    [ad_2]

    Ginni Saraswati

    Source link