Entrepreneur Basics

How Much Should a Startup Pay Its Employees?

Arjita Ganguly November 21, 2022

Employees of a startup are essential to its success. They keep the company running to ensure that the vision gets carried out and that the day-to-day operations continue seamlessly. High turnovers can be harmful to a company, especially for startups with less established internal structures, organizations and systems to mitigate handover disruption. This makes retaining employees a particularly important goal for startups.

Top 5 Tell-Tale Signs of Workplace Gaslighting

Kamya Pandey November 20, 2022

Gaslighting is a form of manipulation used by bullies and emotionally-abusive individuals to make their victims doubt their version of reality. While you might have only seen this term popping up on social media recently, it actually first came about in the 1940s with the release of the film Gaslight. In the film, a husband tries to convince his wife that she is gradually going insane and uses that as grounds to isolate her from others.

How to Make Your Career Recession-Proof

Kamya Pandey November 18, 2022

The recession has been hitting us hard in the past couple of months. Major employers in the U.S., such as Walmart, Amazon and FedEx, have announced a slowdown or freeze of hiring. In the U.K., while jobs continue to be available, workers are seeing a record fall in regular pay by 2.8%. Similarly, in China, one in five urban young people remains unemployed.

Top 4 Billing & Invoicing Software to Streamline Your Business

Samiksha Jain November 18, 2022

If you own a business, you need to bill your clients or customers for the goods or services you give to keep things operating properly. However, if you’re still going about it the old-fashioned way (e.g., paper invoices and manual invoicing), you’re losing a lot of time that you could otherwise spend on building your business. Enter billing and invoicing software, where you can automate the billing process, track bills, manage contact details, send invoices etc., with ease.

What Happened to Countries That Made Their Own Digital Currencies?

Kamya Pandey November 17, 2022

Over the past couple of years, cryptocurrencies have become a mainstay in financial discussions. As of this year, there are 15,174 businesses worldwide that accept Bitcoin as a means of payment. This rise in the popularity of crypto has encouraged governments to open up to crypto, with El Salvador declaring Bitcoin as a legal tender and Ukraine legalizing cryptocurrency in 2021.

5 Things to Do Before Opening a Salon

Samiksha Jain November 15, 2022

Spas and beauty salons are becoming more popular as the need for wellness services grows. The rising urbanization and changing lifestyle are the key factors driving the industry’s growth. If we look at the numbers, the salon industry is estimated to grow at a compound annual growth rate (CAGR) of 6%, reaching more than US$217.25 billion by 2026.

Champions for Change: An Interview with the Founders of YPSN Hong Kong

Kamya Pandey November 14, 2022

As of 2021, the global maritime industry is worth US$1.6 billion and is expected to reach US$2.9 billion by 2027. For our readers who may not be familiar with this space, maritime refers to the movement of people and goods across the world over water. This industry is the backbone of the shipping sector, handling over 80% of international trade.

Top 3 Cyber Attacks and Data Breaches of 2022

Kamya Pandey November 13, 2022

It is hard to imagine our lives without the internet nowadays. Whether we need directions, want to listen to music or just want to socialize with friends, the internet makes all of it happen. Just like us, businesses today also heavily rely on the internet.

Top 6 Google Docs Tricks That Will Make Writing Easier

Top 6 Google Doc Tricks That Will Make Writing Easier

Kamya Pandey November 12, 2022

All writers out there must understand the plight of delivering presentable content every single time while strictly adhering to the deadline. Anything that can help make the process easier is welcomed with open arms. This is exactly why it must come as no shock that Google Docs has been able to set itself apart from other word-processing software out there and amass a user base of 25 million people across the world.

Major Tech Layoffs of 2022

Nidhi Singh November 11, 2022

The global tech industry has been on a bumpy ride lately, with a slew of layoffs since the beginning of the year. According to a Crunchbase News tally, as of late October this year, over 45,000 tech sector workers in the United States had lost their jobs. The numbers come as no surprise when you consider the soaring inflation rates and that the world might be headed for a recession.

4 Weirdest Failed Startups That You Should Know About

Kamya Pandey November 9, 2022

When we think about the entrepreneurial space, stories of successful startup founders, like Steve Jobs, Bill Gates, Mark Zuckerberg and Elon Musk, flood our minds. But what often goes unnoticed is that these successes are needles in the haystack of startup failures. Around 90% of all startups fail, and many reasons can contribute to a company closing shop—problems with cash flow, lack of market research or even a large-scale market crisis.

Top 5 Movies for Entrepreneurs

Kamya Pandey November 8, 2022

Being a startup founder is by no means easy. We have previously discussed how entrepreneurs can easily get so overwhelmed by their jobs that they can hardly find time to socialize and relax. This can often leave them feeling burnt out and make them lose the drive they used to have when they started.

5 Best Mobile Games to Sharpen Your Brain

Kamya Pandey November 6, 2022

Let’s face it: no matter how much we love what we do, any sort of job can become tiring at the end of the day. If you have been feeling tired and unmotivated as of late, maybe it’s time to exercise your brain and keep it sharp by playing games! Compared to those that don’t play games regularly, studies have shown that expert video game players have a higher volume of gray matter, which promotes better memory, muscle control, sensory perception and connectivity between different brain subregions.

Top 3 Worst PR Crises in Recent History

Kamya Pandey November 4, 2022

If the Try Guys situation taught us anything, it was that even the people with the most squeaky-clean images could land up in a public relations (PR) crisis at some point in their careers. And it doesn’t just have to be a cheating scandal as it was in their case. PR crises can arise from anything—a problem with your product, an unsavory reply to a customer’s tweet or even a bad advertising campaign.

5 HR Tech Startups That Help Simplify Workplace Management

Kamya Pandey November 3, 2022

A lot has changed about how we work in the past couple of years. According to LinkedIn, 95 job applications are submitted every minute on their platform. Each company’s human resource (HR) department clearly has a lot of work cut out for them when it comes to finding suitable candidates. Besides culling out prospective candidates, HR departments have a lot of other responsibilities, such as monitoring employee performance and maintaining workplace culture.

Entrepreneur Basics

How Much Should a Startup Pay Its Employees?