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How to Stay Motivated to Start a Business

According to Jack Vitel, founder of RoadtoSolidity.com, stауіng mоtіvаtеd whеn starting a business саn be a dіffісult task. Aѕ a bеgіnnеr, уоu are lіkеlу tо mаkе a lоt оf mіѕtаkеѕ. People wіll not truѕt you because уоu dо nоt hаvе a positive reputation yet. You wіll gеt a lot of people ѕауіng nо before your first уеѕ. Tоdау, I wіll ѕhаrе 5 tірѕ I feel wіll hеlр уоu ѕtау motivated in trуіng tо lіft your buѕіnеѕѕ оff thе grоund.

1. Set your оwn mission statement

In my opinion, a ѕuссеѕѕful business ѕhоuld hаvе a mіѕѕіоn ѕtаtеmеnt. A mіѕѕіоn statement dеѕсrіbеѕ уоur оrgаnіzаtіоn’ѕ goals. I wоuld rесоmmеnd that you write dоwn уоu аnd уоur соmраnу’ѕ соrе vаluеѕ. Yоu will have tо mеmоrіzе іt and tаttоо іt іn уоur brаіn. It should serve as a reminder аѕ tо why уоu dесіdеd tо become an еntrерrеnеur.

2. Make a рlаn

A mission ѕtаtеmеnt іѕ uѕеlеѕѕ іf it dоеѕ nоt have a рlаn behind іt. Yоu wіll hаvе tо рut a lеgіtіmаtе plan together оn hоw уоu wіll execute уоur mіѕѕіоn ѕtаtеmеnt. I wоuld rесоmmеnd thаt you start off small bеfоrе уоu еxесutе bіggеr ideas. You ѕhоuld uѕе сhеар alternatives tо master thе ѕkіllѕ rеԛuіrеd to еxесutе whаt уоu dесіdеd to bе оn your mission ѕtаtеmеnt.

3. Stаrt with a rоutіnе

You will have to develop a great mоrnіng routine. Yоu wіll hаvе tо gеt уоur mіnd and bоdу ассuѕtоmеd to doing the ѕаmе рrосеѕѕ еvеrу day until you ѕее success. If you еxеrсіѕе a great routine every day when іt comes tо wоrkіng оn уоur business, уоu wіll ѕее ѕuссеѕѕ.

4. Yоu wіll hаvе tо plan аhеаd and ѕеt rеmіndеrѕ

Evеn wіth a plan, it іѕ vеrу dіffісult to ѕtау іn a rоutіnе. Tо kеер you from gеttіng bоrеd оf уоur rоutіnе, I rесоmmеnd that уоu tо dеvеlор a hаbіt of ѕеttіng dаіlу rеmіndеrѕ fоr оbjесtіvеѕ уоu hаvе to соmрlеtе. In my case, I gоt an аlаrm thаt ѕаіd, “Gеt оff of Facebook аnd get to wоrk”.

5. Set time tо relax

In most саѕеѕ, еntrерrеnеurѕ gеt саught uр іn thеіr buѕіnеѕѕ аnd оvеr-lоаd thеmѕеlvеѕ. According to ѕuссеѕѕ mаgаzіnе, if уоu аrе соnѕtаntlу wоrkіng on your buѕіnеѕѕ аnd dо nоt ѕеt a tіmе to relax уоurѕеlf, уоu can gо іntо mеntаl dерrеѕѕіоn. Aссоrdіng tо ѕuссеѕѕ magazine, уоu ѕhоuld rеlаx every hоur fоr еvеrу 3 hоurѕ оf wоrk уоu dо.

Stаrtіng a buѕіnеѕѕ is dіffісult, but if уоu fоllоw thеѕе 5 things, уоu wіll ѕее ѕuссеѕѕ. Fortunately fоr you, thеrе are оrgаnіzаtіоnѕ of experts who оffеr more information оn how tо buіld truе wеаlth and stay motivated whеn starting a business.

5 Tips for Throwing an Impactful Small Business Launch Party

Besides being tons of fun, a business launch party is a must for any small business looking to break into the world with a bang!

There are plenty of ways that you can throw a successful launch party for your small business that will leave an impact. Your launch party should be fun but also make sure to look at it from the business side of things.

Keep reading for our five tips on throwing an impactful small business launch party.

1. Market Your Party

When you’re throwing your launch party you’re going to want to make sure that you market it towards the right people. There are a few ways you can market your launch party such as making posts on your social media advertising the launch party, having a sign out in front of your business, and maybe even taking an ad out on Facebook.

2. Have a Budget

When it comes to your launch party you want it to be a success, but you also need to have a budget so you don’t go overboard. Sit down and make a list of everything that you want at your launch party and how much you’re willing to spend on it. Remember the more intimate your launch party, then the less you will have to spend.

3. Give a Live Demo

The reason for your launch party is to promote your products or services so people will want to buy them. The best way to promote them is by showing everyone exactly what they can do. Showcase your products or services during your launch party so people can try them out.

4. Give Out Swag

One of the best ways for guests at your launch party to remember you and your business is to give out swag with your logo or brand on them. When deciding what kind of swag to give out make sure that it is something that people will use. You can give things like portable phone chargers, water bottles, or even a flash drive.

If you really want to stand out and be unique at your business launch, then get customized beer labels for craft beer with your logo on them. Your guests will love drinking craft beer and it will be memorable with your brand on them. Make sure that this swag is only for the adults!

5. Giveaways

A successful business launch party will have some pretty big giveaway prizes to get people through the door. These prizes can range from a variety of different things. For an inexpensive route, you can give away some of your products or services. On the other hand, you can purchase a cool prize that will entice more people to come to your launch.

A Successful Business Launch Party

When it comes to throwing your business launch party you want it to be fun but also leave an impact so you can emerge into the business world. Make sure to use all of our tips so your launch party is a hit.

If you’re looking for more advice on how you can market your new small business, then make sure to subscribe to our blog so that you never miss a post.

 

The Risks and Rewards of a new Product Launch

Launching a new product is one of the most exciting and dramatic days for your business, especially in its first years. Broadening your offering is how you go from a business to a brand: an identity that links different products or services and gives your corporate self a personality customers can have a relationship with.

If a product launch goes wrong, it can fatally undermine that nascent brand. If the product doesn’t find its audience it reduces your customers trust in what you already had to offer: if they didn’t want this new product, then did they really want your original ones? If you’ve been presenting yourself as an expert in the field, then a product that fails undermines that.

Getting that launch right starts before the first prototype of your new product leaves the workshop (physical or digital). Concept testing tells you if your customers will understand the fundamentals of what this new product is, and it’s a vital step. If you pour resources into creating something your customers can’t understand, then it doesn’t matter whether they like it or not: they’re not going to buy it.

Having established a process for testing your products, either internally or with help from an outside market research agency, you can re-apply it at every stage as your product gets closer and closer to launch. At every stage feeding back the data you gather from customers into the design process can help you make a better product, one more suited to its audience, more attractive to new customers, more evidently useful and valuable to its target market.

Using the results of testing to feed back into the product, creating a new version for more tests and more feedback is known as iterative testing, and it can help you make better products, produce better advertising and make better decisions throughout your business life.

Launching

One of the most important things to consider when you’re launching your much-iterated new product is the timing. You want to try and hit a time of peak demand, while, if possible, finding a time when your competitors aren’t releasing similar products. Think about how movies in the summer release schedule all compete for the best time, when audiences are big because of expectation and school holidays, but with some distance from other blockbuster releases.

Your market research team can help here too: competitor research gets you some insight into what the competition is up to, and helps you find a time when you can enjoy the undivided attention of your market.

Faith Can Be Good for Your Body and Your Soul

Faith is a huge part of society at large and many people’s individual lives. There’s no way it doesn’t have an impact on well-being. Scientists are just now beginning to understand the connection, there are more than 300 scientific studies exploring this topic to date. One good way to stay on top of the latest news is to subscribe to publications like The Way Magazine. In what ways can religious belief benefit the body?

Stress Management

The comfort of religious belief tends to act as a reliable stress buffer. Stress can effect the body in lot of negative ways, such as chest pain, fatigue, headaches and stomach problems. Sometimes prolonged stress can even lead to hypertension. The most common and reliable way to combat stress is to use psychological or behavioral coping mechanisms. A set of religious beliefs can give you a solid base to turn to in times of confusion or worry, and teach you how to overcome difficult situations. If you are oriented around a higher power, you tend not to feel as much stress in social situations, either. Studies have shown that religious people show less physiological reactivity to stressful situations.

Psychological Well-Being

Religious commitment can be a major factor in preventing or treating common mental illnesses, such as anxiety, depression and suicide. The benefits of faith can also help to avoid addiction or enhance addiction recovery. Going to church, temple or synagogue can be a meditative experience for many- meditation is also known for making your happier and improving focus and sleep. Usually, positive thoughts are encouraged in healthy spiritual practices. Many people of faith report that they are not as afraid of death. Religious lessons usually center forgiveness, patience and love which are teachings that can translate to increased social and emotional health.

Nutritional Balance

Most religious practices teach you to treat your body like a temple, which also applies to what you put in it. Many faiths preach the middle road, also known as moderation. This is a good concept to apply to most areas of life, including what you eat. Certain dietary restrictions placed by certain religions can also work in your favor, like no pork or to only eat kosher. Religious communities tend to practice healthy behaviors like no smoking and no excessive drinking, as well. On top of all of this, you are more likely to get a full night’s sleep if you are eating healthy and need to be waking up early for church services. It can help to have the added motivation of an entire faith to help you give up that extra slice of cake.

All of these health benefits come together to improve your longevity overall. Genuine religious practice may not be a cure-all or solution to your sickness, but in the long run it can be very beneficial to many aspects of your health and well-being. You can rest easy knowing that your faith is taking care of you in more ways than one. Spread the word!

Kickstart Your Dream Career! How to Run a Business Efficiently

 

So, you’ve got a business idea and you’re ready to run with it, but you don’t want to trip and fall at the first hurdle. Running any business is no easy feat and it will take some preparation to make it a success.

If you don’t know where to start when it comes to setting up your business, don’t worry. Here are a few top tips on how to run a business efficiently.

Create a Business Plan

If you’ve never run a business before, the idea of creating a business plan may sound daunting. However, it doesn’t have to be. Anyone who invests in your business just wants to see that you’ve thought it through.

Get your ideas down on paper and be sure to ask advice before you set them in stone. Getting advice from successful business owners or career consultants could help you see something you’ve missed.

Examine Your Finances

It’s important to be financially realistic when it comes to setting up a business. After all, there aren’t many businesses that turn a profit within the first year which could mean you don’t take home a wage.

You need to look at your expenses- like rent, utilities, employee wages- and figure out whether there will be anything left over.

Protect Yourself

As the owner of a business, you’ll be responsible for anything that goes wrong. If you’re a sole trader, your personal assets could be liable if the business was to go into debt.

However, if you protect yourself with liability insurance or form a limited liability corporation instead, you could stand a chance of keeping your personal property out of any business relations.

Take a Managerial Course

Managing employees isn’t always as easy as you may think. If you intend on hiring employees for your business you may want to do some management training first. Having the skills to manage people well will make your life much easier.

Similarly, make time to listen to your employee’s concerns and suggestions, make them feel secure by using tools like PayStubCreator for their wages, and always praise them on a job well done.

Start Small

You may envision big things for your business but skipping steps to get there will only get you in hot water. Start off small and take your time to learn the ins and outs of the industry and gather priceless knowledge that will help you in the long run.

Even if it takes five more years than you planned, taking your time and doing everything to perfection will pay off in the long run.

How to Run a Business for Beginners

Sometimes, knowing how to run a business is all about using your gut instinct. But, there are a few tried and tested methods that most entrepreneurs would swear by. Take a look at some more fantastic business tips before you get started.

 

What is Income Tax? How States Without Income Tax Affect You

In the United States, seven states have no income tax. Another two states don’t tax wages but do tax investment and interest income.

What is income tax and how does it affect you?

Read on for everything you need to know about living in a state without an income tax.

First, What Is Income Tax?

Without money, the federal government can’t operate. How do they “earn” money? Through a tax on income. For the purposes of taxing money, the definition of income varies.

Here are a few things that the government taxes as income, depending on what state you live in:

  • Wages
  • Salaries
  • Interest
  • Dividends
  • Product sales
  • Royalties
  • Winnings from Gambling
  • Rents

Individuals pay most of the above earnings. But businesses and corporations also pay income tax.

How Do You Pay Income Tax?

In states with an income tax, the IRS receives a copy of each individual’s W-2 tax form every year. If you don’t file a return, the IRS calculates what you owe and sends a bill.

Your employer sends you all the information you need for filing income taxes. If you work for yourself, you need to keep track of your income.

Do you need paystubs for yourself or someone who works for you? You can use a company such as The PayStubs.

If you live in a state that doesn’t have an income tax, you’ll pay the federal tax on income but no state tax.

How States Without an Income Tax Affect You

Like the federal government, local governments need money to function. In states without an income tax, the government finds other ways of raising money.

There are several ways states without an income tax do this:

  • Higher property tax
  • Higher gasoline tax
  • Higher sales tax

The lack of income tax affects each individual differently depending on his circumstances.

In the U.S., taxes are progressive. The wealthier you are, the more income tax you pay. That’s because you’re taxed based on a percentage of your income.

If you’re wealthy, living in a state without income taxes is probably a good idea.

If you’re on the low end of the wealth scale, it’s not such a good deal. Why? Because you’ll pay higher property, gasoline, and sales tax.

If your wages are low, you pay less income tax. If your wages are low enough, you pay no income tax no matter what state you live in.

If you’re deciding between a no-income-tax state and one with income tax, look at all the variables.

Is the cost of living much higher in a state with no income tax? Then you might be better off living in a state with a lower cost of living and an income tax.

What State Should You Live In?

Now you’ve got an answer to your question, “What is income tax?” But even in states without an income tax, not everyone fares the same.

When deciding what state to live in, figure out how all the different taxes affect your individual situation. Then go where you feel most comfortable!

Looking for other informative articles? Keep perusing the blog!

 

How to Outsource Your Handyman Jobs

There are some things in your house that you shouldn’t do yourself. Apart from some simple DIY tasks, some things such as electrical matters or plumbing should be always left in the hands of professionals who know exactly what they are doing. Having said that, sometimes finding somebody suitable for the job can such as
North Sydney Handyman can be rather daunting, provided that you follow one of the following steps:

1. When looking for a Fairfield Electrician you might always want to ask your family or friends if they could refer somebody to have experience with. This will be especially useful if they live in the same area as you do.

2. If the first step for some reason is not an option, you might want to check your local online listings for names and addresses in your area. In some cases, it might be possible to read the reviews online of other Internet users who have had some experience with a particular handyman of your choice.

3. If possible, you might want to screen the quality of the jobs performed by the handyman of your choice. Is there any information about him you can find on the Internet or in your local area? If yes, then try to gather as much information about him as possible. If not, it might be a sign that it might be better to choose somebody else for the job.

4. The next step would be to contact your handyman prior to completing the job. Don’t forget to ask them about the quotes is this can determine whether you will want to proceed with them or rather stay away. Also, don’t hesitate to ask any questions before the job. After all, the interior of your house depends on how well the job is done. If you have any unresolved issues with the handyman before he proceeds with them, make sure that you address them as soon as possible.

Moving? Don’t Forget To Pack These 5 Things

Moving can be an exciting time, but the thrill of moving all your items into another home can quickly fade as you pack box after box of miscellaneous items you wonder why you are taking in the first place. In the rush of last-minute panic to make sure everything is ready for the moving company to stow the goods away and haul them to the new place, you may forget to pack a few things. Here are some of the most common items people leave behind when they move.

1. Tiny Cabinet

Almost every home or apartment has that tiny cabinet above a fridge or stove that is inconvenient to reach and too small to hold anything you use every day. Most people store papers, light bulbs, or other items they don’t use very often in the cubby hole. That is probably why many people don’t remember to pack what they stored up there, and they leave it behind.

2. Dry Cleaning

When you call the local moving companies FL, and they have come to whisk you away, don’t forget to pick up your dry cleaning before making the move to another city. It happens more often than you would believe because, in the whirlwind panic of the last-minute moving lists, the dry cleaning is hidden away in a shop. So, out of sight, out of mind.

3. Prescription Medicines

You leave the medications in the cupboard because you take them every day, and in the rush to get out of the house on the last day, you forget to take them. Make sure you do a walk-thru that allows you to open every drawer and look on every shelf to see what you have forgotten.

4. Electronic Chargers

Whether you leave them at the house, in the hotel on the way to the new place, or at the bistro where you had lunch, chargers for electronic devices are the item that is left behind more than any other. Rather than finding yourself in need to head to the nearest store to replace the lost charger, make sure you have a secure location for all the necessary electronic devices.

5. Important Documents

In an apartment or home with built-in units, many people store important papers on top of the units, so they know where they are when they need them. This could be rental papers, insurance documents, or employment reports. Make sure you run your hand along the top of built-in units to collect any forgotten items.

Moving can be hectic. You can easily pack everything you need when you keep these five things in mind.

Practicing Network Security for Your Small Business

Contrary to what most think, big corporations aren’t the only ones at risk of cyberattack. In fact, cybercriminals have increasingly targeted small businesses in the past few years because they’re less likely to be able to defend themselves. Cybersecurity should definitely be on your mind as a small business owner or entrepreneur. Here are some key points in protecting your business, both by employing network security services and consultants and by encouraging security practices in the workplace.

Install a Firewall

Firewalls are one of the most familiar aspects of cybersecurity to most people, but having one set up on your network remains a good practice even today. Firewalls secure your network’s ports, closing unnecessary ones to prevent access. Many routers have built-in firewalls, but it’s a good idea to double check. You may also want to supplement the network firewall with desktop firewalls for computers within the network, as well as any external devices used for work.

Stay Updated

Older software can have major security vulnerabilities—the older the software, the more likely it is that hackers will know how to exploit it. Make sure to stay on top of updates for all security software—firewalls, anti-malware programs, etc.—as well as the router’s firmware, operating systems and any software that handles sensitive data and is open to the network. This means both regularly scheduled updates as well as staying alert for any emergency updates issued by developers.

Protect the Hardware

A common way to circumvent network security is by gaining access to the devices themselves. Take measures to prevent unwarranted access to worksite hardware, including keeping tabs on laptops, tablets and other portable devices. On the devices themselves, set up separate accounts for each employee when possible, limiting what any one person can access.

Use a VPN

A virtual private network (VPN) adds extra security when you need to work outside the business’s network itself. The VPN uses tunneling protocols to encrypt data between two devices, securing transmissions even on public networks. If employees need to take their work with them, either when going home or visiting clients off-site, make sure all involved devices have the same VPN application installed. Large businesses may set up their own VPN, but small businesses can seek out providers.

Encourage Best Practices

Human error remains one of the biggest security flaws—leaving devices unattended, falling victim to malware or scams and failing to update passwords are common mistakes. Take the time to educate your employees and colleagues on staying aware of these pitfalls, as well as how to use any security applications on your network. Be sure to document your business’s security protocols, too, so everyone knows them.

Technology Woes? Managed IT Services Can Help

Keeping a business running is a time-consuming process. If you do everything yourself, you probably won’t have the time in the day to get all the essential things done.

If this sounds like you, outsourcing may be just what you need. Information technology isn’t only a great place to start, but it is also one of the most common outsourced jobs today. Keep reading to learn four ways that it can help you run your business.

1. Get Help With Vendors

You work with a lot of vendors in business today. This can become a problem when you run into hardware or software problems. How do you know who to call?

Managed IT support services can help manage your vendors. They know who to call and the questions to ask to get your issues resolved.

2. Develop Backup and Recovery Plans

Data is one of the most important things for business these days. If you want to compete, then you need accurate information so you can make the best choices. If you don’t have a backup plan for your data, it could be disastrous for your business.

A service provider will work to create a backup solution for your company. All your essential data will be available off-site so you can recover it in case the worst does happen.

3. Receive 24/7 Support

Business has changed a lot over the past few decades. Many people don’t stick to the typical eight-hour workday anymore. This means you’ll have team members working during off-hours.

What happens if something goes wrong? If you handle IT in-house, then you need to hire more staff to take care of the people who work during irregular hours. With a managed service provider, you’ll be able to take advantage of 24/7 support.

4. Fix Your Compliance Issues

Have you ever taken a look at how many laws and regulations your business has to follow? The chances are that it’s a lot. Things are worse if you work in a high-risk industry like healthcare or insurance.

One mistake can cost your company a lot of money. An IT provider will have the compliance expertise to keep your business up to code. You won’t need to stay up at night worrying about your next audit.

Get the Help You Need Today

Don’t waste any more time trying to handle technology yourself. Contact a service provider today so they can walk you through the process of signing up. When you do, you’ll free up your time so you can focus on growing your business.