Being an entrepreneur is never easy. It involves taking risks and getting back up no matter what life throws at you. Entrepreneurs need to network, make connections and use them to learn what it takes to actually make it in the business world. The process is so hard that only 40% of startups ever are able to become profitable.
We all know that feeling: the midday lull when your energy levels start to dip and your eyelids feel heavier. If you’re like most people, you power through with a cup of coffee or some sugary snacks. But what if there was a better way? Enter the world of a power nap.
That the metaverse is a hot spot for businesses currently is evident. Not only can you set up your own marketplace in virtual reality, you can also shift your business activities onto the platform. With virtual avatars, “lifelike” elements and the ability to work from the comforts of your home—metaverse has the ability to change the future of work.
Work stress has become one of the most concerning outcomes of long working hours. According to Penn World Table 2019 data, Cambodia recorded the longest average working hours of 47.6 per week, while people in Switzerland only have to work 28.8 hours per week on average.
Released on February 25 this year, video game Elden Ring has dropped a bomb on the gaming industry. The hype around the game before its release was soaring high, as its creator, Japan-based game developer FromSoftware, is well-known for creating top-notch games, such as the Dark Souls series (which changed the gaming industry forever).
Picture this, you open your work email ID after the weekend, and it is flooded with emails you are cc’ed on, office circulars, meeting invites, spam and client correspondence to respond to. Suddenly, before you even start working, the overwhelming feeling of sheer exhaustion envelops you.
We all agree babies’ heads smell really good and delightful, and their innocent smiles are the best relaxant ever—and you just want to bite those chubby cheeks. Sure, babies are sweet and adorable, but caring for one can be a handful. If you are a parent to a newborn, you know how overwhelming taking care of a baby can be, and tons of baby products will be scattered around your originally neat and organized home.
Traditionally, the best way to grow a business was to rely on friends and family and build it as you go. That worked for a while; but with the advent of the internet and social media, there are now new, better ways to grow your business. One way is by joining a seed accelerator program. To be a successful founder, you must have access to capital, mentorship and other resources, like a workspace.
Battle royale games have taken the gaming world by storm, and there’s no sign of them slowing down soon. The genre has exploded in popularity in recent years, with games like PlayerUnknown’s Battlegrounds (PUBG) and Fortnite becoming some of the most popular games in the world.
When the time comes for you to tidy up your physical workspace, don’t forget about digital decluttering! A cluttered desktop, messy inbox and overwhelming social media feeds can all lead to decreased productivity at work. You can’t be your most productive self if you’re constantly trying to find things or wading through a sea of notifications.
After days upon days of working on your pitch deck and practicing how to explain your product in the best salesperson voice, you still can’t get the “yes” you were so deeply vying for. Sure, this might put a hamper on your plans temporarily, but it shouldn’t hold you back from trying again.
Almost six months into 2022 and layoff reports are already flooding the Indian startup industry and causing turmoil among employees and job hunters. Many startup employees from Indian startups that had raised millions of dollars are getting the pink slip, as these startups are now struggling to keep their businesses afloat. These startups are “restructuring”, “downsizing” or “automating” operations in an attempt to cut costs.
At this point, it should come as no surprise to any of us that our entire lives are on the internet. If you run a business, chances are that you generate a lot of customer data with every sale you make. Besides that, you probably have report after report on how effective your sales plans have been, financial documents, employee records—the list can go on and on.
In the past, starting a business from scratch used to be an arduous process. Now, it is even more difficult to succeed as an entrepreneur, as the complexity and intensity of running a business are rising with time.
In April 2022, Tesla CEO Elon Musk offered to buy Twitter, and one of the top tasks on his agenda is slashing jobs to cut costs. Netflix, too, has been laying off employees to cut costs after losing over 200,000 subscribers.
Starting a business isn’t easy. From finding raw materials and making your products to actually reaching the right customer base, everything takes a lot of time and energy. Even though this process is so hard, a lot of people venture out and start their own businesses, so much so that small business enterprises (SMEs) make up 90% of the world’s businesses.