$200 BILLION: Not Out Of Reach For Google's Advertising Business, and Here Is How They Will Get There

Per Trefis estimates, Alphabet’s advertising revenues are likely to reach $211 billion by 2022 despite regulatory challenges and increased competition. The growth is likely to be driven by Google’s massive reach, utility value as a free online search provider, quality of search results as well as complementary digital assets (such as YouTube and Android). While regulation may hamper growth in the near term, Trefis estimates that Google’s net advertising revenue could grow at a CAGR of 16% between 2018 and 2024 to reach $243 billion in 2024 from $116 billion in 2018.

Here are some highlights, as per Trefis:

Additionally, Privacy and Business Model changes have changed the dynamics of the global advertising industry in the recent past

• 2018 has been a transitional year for traditional online advertisers due to privacy-related concerns, with EU and the U.S. either imposing or planning to impose multi-billion-dollar fines on the likes of Facebook and Google.

• Other traditional online advertisers have also seen growth cool-off due to a variety of issues including consumption weakness, transitions in business model and geo-political narratives.

• Besides Google, the companies that have seen an acceleration in growth are Twitter, Facebook and Microsoft.

• Twitter has benefited from its initiatives towards improving platform health like pruning bots and culling fake news with the aim of improving advertiser ROI.

• Facebook, despite the Cambridge Analytica scandal, claims to have access to 2.7 billion unique users. While advertisers continue to approach Facebook to benefit from the company’s massive scale, the company has also benefited from WhatsApp's reach as well as from commerce capabilities on Instagram.

• Microsoft has been steadily growing its advertising income, as the integration of its different platforms now provides the company with additional analytics ammunition, especially in LinkedIn and Bing.

Source:

https://dashboards.trefis.com/no-login-required/IzFD3J7O?fromforbesandarticle=can-googles-advertising-business-cross-200-billion-in-3-years

Are you looking for new inexpensive ways to fund your business growth? Check out this Article!

Expanding your business in any economic climate can be challenging, whether you're looking for start-up funds, capital to expand or saving money for a rainy day.

As  business owners, we make a lot of decisions about how and where we want  to spend our hard-earned money. In this article, we will outline a few strategies how to build brand awareness, earn recurring business, attract new customers, develop better products and services, and hire top talent all on a budget. Here are some inexpensive strategies to fuel your growth, while staying cost-conscious:

ORGANIC MARKETING

Creating a presence for your business on different social media sites such as Facebook, Twitter, YouTube, Instagram, and others is a great way to do organic marketing. Get the word out about your products, services, employees, values, mission, etc. Learn more about organic marketing at this link https://www.quora.com/What-is-organic-marketing-in-SEO-and-Social-Media

CREATE/CURATE CONTENT

Creating original content will not only get your customers to notice you—but also allows your business to stay consistently present in their minds. Act as the person customers and employees reach out to when they need help. Share your expertise on Medium, Podcast, LinkedIn post, or YouTube videos/ Click this link to learn more about the nine ingredients that make great content https://neilpatel.com/blog/ingredients-of-great-content/

EMAIL MARKETING

Are you reaching out to your customers via email? Email marketing provides the most direct line of communication for turning leads into sales, which is why the savviest entrepreneurs have no intention of giving it up any time soon. Here is a step by step guide to email marketing https://optinmonster.com/beginners-guide-to-email-marketing/

SPEAKING ENGAGEMENTS

Offer to speak at no monetary cost to a well-known organization or on a podcast. In exchange for you speaking, ask the organization to provide you with a professional recording of your speech. While there, record video testimonials with your phone. Also, volunteering to speak at local or industry events is a great way to connect with other businesses and future customers. All you need to do is be proactive, be organized, and be confident in the value you can give to others. You can learn more about public speaking at this link https://marinabarayeva.com/everything-you-need-to-get-to-a-public-speaking-to-build-your-brand

LEARN MORE ABOUT YOUR CUSTOMERS

Take time to learn the names of your customers.”Remember that a person's name is, to that person, the sweetest and most important sound in any language,” said a famous and successful author Dale Carnegie. You should become genuinely interested in your customers/clients. The aim is to make them feel important and ensure you do it sincerely. You can learn more about developing people skills by reading the "How to Win Friends and Influence People" book. Purchase on Amazon at this link https://www.amazon.com/dp/0671027034/ref=cm_sw_r_wa_apa_i_5ThbDbF0DF7ZN

HIRE GREAT EMPLOYEES/FREELANCERS

Hiring employees is  an investment, but hiring the wrong employees/freelancer will cost you more money in the long run. Hiring and retaining the best talent is as tough as it's ever been. Back in 2012 some projections were made indicating that, for the first time in U.S. history, the number of younger workers who entered the labor market wasn’t enough to replace those who were leaving. By 2006, one in six workers were over of 55, while the 25-to-34 demographic had shrunk by nearly 9 percent, according to a study by the National Association of State Auditors, Comptrollers and Treasurers. Check out this article on how to employ the best talent in your industry  https://www.entrepreneur.com/article/78598

CREATE A VIP FORUM

Your customers have opinions about your products, services, and the experience you offer. Inviting them to share their opinions with you is a great and inexpensive way to get valuable information that can help keep you in business. Here are a few ways in which you can start a VIP Forum   https://smallbusiness.chron.com/start-vip-forum-phpbb-28134.html

JOIN YOUR LOCAL CHAMBER OF COMMERCE

Joining your local chamber of commerce  brings credibility to your business. You can increase positive perception among consumers and business owners when you're identified as a member of a chamber of commerce. Increase your visibility in the community. You also can grow your business by advertising with the chamber and sponsoring events. Visit this website to learn more about joining a chamber of commerce and its benefits. http://www.americanbusinessmag.com/2012/05/why-join-your-local-chamber-of-commerce/

CREATE A FREE WEBINAR

Creating a free webinar is also a great way to connect with potential customers, especially if the majority of your business comes from areas outside of your city, state, or country. With their (webinar) live, interactive nature, webinars allow you to promote your expertise while still building a rapport with the audience. ... As you continue to share stories and insights and engage with viewers, your audience will begin to view you as a likable authority figure in the space. Click this link to find out more on hosting your first webinar https://kickofflabs.com/blog/host-first-webinar/

Identify Available Business Tax Deductions

Taking advantage of business tax deductions is another way to grow your small business on a budget. Many expenses are deductible including business loan interest  but they might be subject to amount or timing limitations. Deductions may also be restricted based on the type of business entity you own—a sole proprietorship, an LLC, an S-Corp, or a C-Corp. You can find details on these tax deductions or restrictions at IRS.gov or by consulting your business accountant. Please check out this article for more details on tax deductions in business https://www.shopkeep.com/blog/small-business-tax-deductions

Attract an Angel Investor

When pitching an angel investor, all the old rules still apply: be succinct, avoid jargon, have an exit strategy. But the economic turmoil of the last few years has made a complicated game even trickier. Here are some tips to win over angel interest:

• Add experience: Seeing some gray hair on your management team will help ease investors' fears about your company's ability to deal with a tough economy. Even an unpaid, but highly experienced adviser could add to your credibility.

• Be knowledgeable: You'll need market assessments, competitive analysis and solid marketing and sales plans if you expect to get anywhere with an angel. Even young companies need to demonstrate an expert knowledge of the market they are about to enter as well as the discipline to follow through with their game plan.

• Communicate: An angel may not be interested in your business right away, especially if you don't have a track record as a successful entrepreneur. To combat that, you should formulate a way to keep them in the loop on big developments, like a major sale.

You can learn more about how to attract an Angel Investor by clicking on this link https://www.entrepreneur.com/article/242536

Thank you for  reading this article. Remember to share, subscribe and visit again for more valuable content.

5 TIPS FOR CHOOSING THE RIGHT CO-WORKING SPACE

The burgeoning co-working model has inspired many business owners to adapt to the new model en masse.

There’s a lot to take into consideration when choosing the best co-working space for yourself/team members. Whether you are busy handling your dream-team of your dream venture or just a small business – your new routine requires you to have the ideal workplace.

The best co-working space should be able to fill every need, answer every query and most importantly, let you work on your goals irrespective of your field or profession.

Here are a few questions to ask yourself to see if the place you have in mind will contribute to your work and life in the most effective way possible:

Is It Cost-Effective?

Money tends to be the primary factor in most decision making. Outline your goals, set a budget as to how much you would like to spend per day for your co-working space and choose the space that best fits your needs. A low price point to start with is the best way to go. Make various plans that you or your team can subscribe to depending upon the frequency of your visits. At Grab Suite we provide you and your business with the flexibility of daily, monthly, and yearly rates, Starting at $40/Day. No Contracts, No Commitments, No Frills. Just Work Space, as you need it- when you need it. Visit our website for more details https://www.grabsuite.com/

Is this Co-working space going to help you with Time Management?

It is best to choose a Co-working space that is accessible 24/7. Choose a co-working space where you can work on a daily, weekly or monthly basis. While most modern entrepreneurs use co-working spaces and have a set routine , it is good to switch up your working hours .Therefore, choosing a space which offers flexibility or longer working hours are non-negotiable points in choosing the best co-working space.

Is the co-working space of your choice easily accessible and close by, cutting down travel time (which is one of the  main reasons entrepreneurs prefer co-working spaces)?

At Grab Suite we give each tenant an access card. You get to set your own schedule which allows you to work at your convenience.

Do you like the location and is it flexible?

Location is important for every business in every field, but it is absolutely vital for co-working spaces and its tenants, otherwise the whole concept would not make sense. I am sure you don’t want to choose an office that is far away from where you live. While you want to leave home in the morning to help increase productivity and grow your business, you probably don’t want a long commute. Finding a co-working space that has a good proximity to home will help you to

strike the right work life balance that suits you best. In addition, it will keep your prospective clients in close proximity to your co-working facility. Always search for the best strategic location, whether arriving from the airport or across town.

If you have a small team where people are constantly coming and going from the “office” space, you need to know that the space will accommodate. Ask yourself this question: can your co-working space accommodate your team meeting of say, 10 people? Can they give you an area where only one or two departments might have to work?  Flexibility is important for all, but essential for business owners.

Let’s talk a little more about flexibility – does your co-working space of choice have multiple conference rooms? Can it be easily located for interviews and meetings with prospective clients or employees?

The co-working space itself and its location is an important factor to be considered. Are you currently residing in Long Island or cross proximity? We are your best choice. We are located at 125 Michael Drive Syosset, NY 1179. Please contact us at this number or visit our website here https://www.grabsuite.com/

Is it fully Secure?

Safety is vital , especially for ladies choosing to work out of co-working spaces. There’s no point in charting out a whole routine with timing other than 9-5 if you can’t implement them due to safety issues. If you are responsible for a team, then this becomes a crucial point as the safety concerns for your team fall on you.

Therefore, you should check if the co-working space that you like is located in a safe, well-populated and well-located area. This location should be able to accommodate working late at night or calling down clients and/or team members without posing a problem. The travel to and from the co-working space and how connected it is also becomes another important point to consider here. Additionally, check if the co-working space offers any special security measures and if they provide closets or lockers to store your items. At Grab Suite, we are fully secured and we provide closets for our tenants.

Does It Have Good Infrastructure?

Does the outside match the inside? By infrastructure we don’t just mean it literally. Visit the co-working space for yourself and see – does it offer all the basics of an office? All the fundamental office stationary is usually available but always ask and check that all the basics are present –  such as WiFi , office stationery, printers, scanners, conference rooms, reception area and more. Does it have an ideal and optimal work environment? Is the ambiance conducive to getting your ideas flowing?

At Grab Suite, our offices are the perfect balance of seclusive and collaborative. Our amenities include high speed internet, gourmet coffee, world class printers, everything you need to get the job done. Not to mention, we offer access control security on every unit so you can rest assured your area is dedicated to you and your team members.

Finally, check out the dining options at each co-working space, including nearby restaurants, in-house snacks and vending machines, or a kitchen. Other conveniences to consider include free parking, an online member portal, and 24/7 building access as mentioned above.

Thank you for checking out our latest blog post. Please stop by for more valuable content. Don’t forget to visit our website at https://www.grabsuite.com.

If you sign up now, you receive two weeks of Grab Suite absolutely free! No Hassle, just how we like it. Click this link to access this great offer https://www.grabsuite.com/rsvp

Co-working spaces: Not just for start-up bros anymore

Co-working spaces emerged a decade ago as offices that served startups and freelancers. However, co-working spaces are not the same today, their appeal has broadened even to mainstream companies looking for the flexibility to increase their firm's operations or scale back operations as quickly as the situations demand. Furthermore, most entrepreneurs just want to avoid the hassle of setting up and maintaining their own offices while also decreasing overhead.

The cost is low and modern entrepreneurs can use features, such as conference rooms and photocopiers, at their disposal.

In fact, the concept of sharing the workplace has taken the corporate world by storm. Modern entrepreneurs and their team members can use these spaces for however long they like and build their businesses with all the professional tools needed to grow or even scale a business.

The fact is that in 2019, co-working spaces can positively impact start-ups as well as established entrepreneurs. There are a number of undeniable advantages of the co-sharing work space.

Here are seven reasons as to why co-working spaces are not just for lean startups anymore but also for established modern entrepreneurs:

Productivity

Imagine an environment which is spacious,luxurious,affordable and hassle free. Sounds perfect, right? That’s what we’ve created with a creative co-working space.Less formalities and distractions, more productivity. Being surrounded by other modern entrepreneurs like you can also give you that extra boost of motivation. You’ll also have access to fully equipped conference rooms that will help you make the right impression all while increasing your productivity.

Visit our website to learn more https://www.grabsuite.com/

Networking Opportunities

Having a well-established network has become an important part of our lives. The easiest way to expand your network is to be apart of a co-working space. Being a modern entrepreneur can be difficult without a sense of community. With the right co-working space you will be surrounded by like minded entrepreneurs where you can share ideas and build a strong relationship that can last a lifetime. Working alone places a barrier between you and people who could potentially help your business. Co-working will put you close to people who might have vastly different skill sets or solutions to problems, allowing you to build professional and personal relationships.

Cost Efficient

Running a business will always mean that you have to contend with some level of fixed overhead costs. Choosing a co-working space is an easy way to eliminate many of those overhead costs. With a co-working space you don’t need to worry about additional utility bills or service providers. Everything you need is ready for you, all you need is your laptop! Grab Suite provides you and your business with the flexibility of daily, monthly and yearly rates starting at $40 per day.

Increased Well Being

It is important to create work-life balance, however a lot of today’s workplaces don’t have an environment to support that. At Grab Suite we provide high speed internet, gourmet coffee, world class printers, everything you need to get the job done. Not to mention, we offer access control security on every unit so you can rest assured your area is dedicated to you and your team members. Allowing you  to do your job in a healthier, more relaxed environment.

New Clients

As outlined earlier, co-working spaces are great for building your network and also for meeting new clients/team member.  Many co-working members have noticed a significant increase in new clients due to the relationships they’ve established at their place of work. Co-working spaces give your business more exposure to a diverse group of potential clients. It’s also a great way to find new people to work with. That local accountant you’ve been searching for might just be sitting right next to you!

Becoming More Efficient

An office environment creates an energy and mindset that can only come from interacting with fellow workers. According to a recent study featured on Office Vibe , a co-working office environment made 64% of entrepreneurs more productive, 68% of entrepreneurs more focused, and 90% of entrepreneurs more confident. In a co-working space, where everyone is busy on their own passion projects, this will drive you on to make your own business a success.

Flexibility

Co-working spaces are accessible 24/7. Entrepreneurs can decide whether to put in a long day when necessary, or can decide to take a long break in the middle of the day to go on a lunch date or the spa. As a modern entrepreneur working from a co-working space you can choose whether you want to work in a quiet space so you can focus, or in a more collaborative space with shared tables where interaction is encouraged. You can even decide to work from home, without repercussion, if you need to  deal with a family member need or just feel like staying home for that particular day(s). There are no contracts, no commitments, no frills. Just work space as you need it, when you need it.

As per the LA times article co-working has evolved and its appeal has proved more than a fad, a rush of start-ups has joined the competition, including one from the real estate services industry, which has long had a near monopoly on leasing office space. You can read more by clicking this link https://www.latimes.com/business/la-fi-los-angeles-coworking-wework-20190512-story.html

If you’re interested in finding a co-working space, or want to learn more about the concept, visit the Grab Suite website . We  have a dedicated phone service and receptionist. Your company will carry a business number and full receptionist service, no matter how long you stay. Automatic call screening and personalized messaging make it easy for your company to stand out, no matter how long you choose to stay.

Sign up now and receive two weeks of free Grab Suite absolutely free. Sign up here

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Tips to Manage Your Business Finance

Financial management is extremely important in any business. In this article, we will outline some tips on how  to stay on top of your business finances. Therefore, as a business owner you need to up your interest at a bare minimum rate and reduce cost and attain profitability earlier. Here are a few ideas as to how a business owner can cut cost corners:

• Set a Budget

• Compare Prices

• Negotiate

• Hire Freelancers

• Barter with your network/community

You should build a successful portfolio that benefits you in the future. The first tip for managing finances in your business is to establish financial goals. Optimum use of funds is the key to success.

Here are some other tips on managing your business finances:

Expenses

Expenses are everything that maintains your gross revenue. It is smart to keep your fixed expenses as low as possible. Here are a few ways in which you can do so:

• Cut Staffing Costs. ...

• Barter for Business Goods and Services. ...

• Cut Vehicle Expenses. ...

• Cut Supply Costs. ...

• Cut Advertising Costs. ...

• Cut Insurance Costs. ...

• Make the Most of Your Time.

Planning in advance for large expenses such as rent, payrolls, taxes, interest, cost materials for goods/ products, debts, utilities, and other operating expenses can help you in reducing the financial burden. They would also aid you in ensuring your cash flow position stays strong even in the slowest months. Read more on expenses at this link https://due.com/blog/12-major-business-expenses-reduce/

Start a Retirement Account

As a modern entrepreneur in the competitive business world, you’re probably used to taking care of a lot of responsibilities, such as from drawing up detailed business plans to creating a budget of success. Funding your retirement will likely fall on your shoulders too.

A retirement plan will not only help you with your future goals, but it will also attract how talented customers. Start by investing some part of your income to fund your retirement and save your time.

Here are 7 Retirement Accounts you should consider read more here : https://money.usnews.com/money/retirement/articles/retirement-accounts-you-should-consider

Keep close track of your daily spending

Even though it is challenging in today’s business world because we are busy, you need to take into account both the financial and legal side of your monetary transactions and trace all the movements of your capital regularly.

Keeping track of your money movements will help you figure out which areas perform most efficiently and in which sector you need to control your funds. You also need to familiarize yourself with this data to develop a reasonable budget and track your progress to see if you fit within its limits.

Here are some great tools that will help with money moving throughout your business. Click this link for more details https://www.allbusiness.com/10-financial-tools-your-small-business-cant-live-without-23321-1.html

Negotiate with Vendors Before Confirming a Contract

Successful negotiators know before they begin negotiating what they want to achieve during the negotiation. It is always better to negotiate with the vendors before signing a contract. Examine purchase terms for negotiating for a great deal. Here are some great ways to go about negotiating https://www.brodow.com/Ten-Tips-For-Negotiating

Emergency Fund

Creating an emergency fund is crucial to the long-term success of your company.  It is smart to plan for slow-season funds for your companies to create a steady flow of income. Design an emergency fund, most successful entrepreneurs usually develop a proportion of income in months of high sales that would help to pay for expenses in the off-months.

The more you pay attention to your cash flow and business finances, the better prepared you’ll be to make smart money management decisions.

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4 WAYS TO MAKE SOCIAL MEDIA MARKETING EFFECTIVE IN YOUR BUSINESS

When it comes to social media marketing, you must not only engage but also engage consistently. The main key to building valuable relationships is to join the conversation. Reach out to people in your community and respond to their comments. In order to do so effectively you must engage with your prospective customers and audience with empathy: this means not leaving spammy or one-sided comments that are strictly designed to help you. You would not walk up to someone and ask them to buy something before at least saying hello, right? Social media should be just that- social.

Gary’s $1.80 Instagram strategy is my best advice to grow followers, engagement and a meaningful community for your business or brand. Please click the link below to access this strategy

https://www.garyvaynerchuk.com/instagram-for-business-180-strategy-grow-business-brand/

Every brand is different. Create your client avatar, dive in and do the research if you're not sure, as this will impact your message and creative. Here are some questions to ask yourself to make this process easier:

• Who are you speaking to and where do they hang out most times (Instagram, Pinterest, Twitter or Facebook)

• What are the unique benefits of using this as a communication and marketing channel?

• In the context of our overall goals, what is the purpose of using this platform?

Write down whatever comes to mind.

For example, LinkedIn is more popular in the B2B world and has a very large international following. Meanwhile, Instagram is more visually oriented.

Most important, find out which social media platform is the one your ideal client spend their time on -- that’s where you need to spend your time. However, every business must be on all 4 social media platforms.

 Here are 4 ways to make social media marketing effective in your business:

Be Yourself.

Share, tweet and post the things that interest you. Don’t sacrifice who you are for what you think others want you to be. And don’t waste time trying to make everything perfect; if you do, you’ll never post anything, start somewhere. What matters are your thoughts. Share things that will benefit your audience.

Connect with others!

The primary goal on social media is not find sales. The main goal is to build relationships and add value. This is a downfall for most people, who do not understand the long-term nature that is appropriate to undertake.

 “If your social media strategy is to devote time and resources to creating content for social platforms, but you do not spend any resources to engage with your cultivated audience, your strategy will not be successful.

 Schedule time to talk with people and engage. Reply to comments, check out your competitions and share your perspective. Again, always deploy empathy and put the needs of the person on the other end ahead of yours!

Don’t overproduce.

Overproduced content tends to turn people off on social media. People don’t care about your fancy writing, they want to know you genuinely care about their needs. They also want to get to know you, experience your day with you and relate to you.

It is imperative that you understand what your time is worth because there is a high likelihood that the cost of producing content on a continuous basis is drastically lower than what your time is worth. Do not be afraid to outsource! FreeeUp, Toptal and Upwork are the best platforms for outsourcing. Please click this link to access more outsourcing platforms https://freeeup.com/blog/freelance-economy/top-4-2018-outsourcing-platforms-vetted-freelancers/

Add Value First.

 You know that guy at the mall who always wants to sell you health insurance? You don't want to be that guy. Take time to know people, engage, join in the conversation and offer freebies. Offering advice and giving suggestions will make you seem helpful, knowledgeable, and trustworthy. Create a great persona online and get people to ask you about yourself, rather than telling them about yourself, and they’ll be more receptive.

To find out more about growing your social media platforms click this link https://sproutsocial.com/insights/topics/social-media-audience/

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4 Habits Every Modern Entrepreneur Should Apply To their Mornings

Many successful entrepreneurs are fueled by rigorous and consistent morning routines.

We are often motivated, focused and alert in the mornings. As a result, entrepreneurs who make the most of this crucial time are off to a great start for the day, putting them a step ahead of everyone else.

Here are five essential morning habits that can help you get the most out of your mornings, and propel you to develop a winning habit that you will thank yourself for adopting.  

1. Prepare for the next day in advance

Preparing your errands and a mental list of what you need to accomplish the night before is crucial, as you cultivate the proper mindset  required to dominate the next day. Preparing in advance will create a sense of purpose and help to eliminate potential obstacles. Having a good plan in mind will help you to be on time with your commitments, organized and more effective. Your mind is very active while you’re sleeping, so planning your mornings night will help you to be more effective and productive in tackling your goals.

2. Quiet Time 

Take time to meditate, exercise and evaluate yourself every morning. It does not matter how long you do this, all that matters is that you consistently carve out time to self-evaluate.  Journaling is also a great way to start your day. As entrepreneurs, we should focus on meditation or exercise, research suggests that 30 minutes of meditation improves depression symptoms (along with anxiety and pain) . Yoga is another great option. Click this link to find out more on meditating https://www.gaiam.com/blogs/discover/meditation-101-techniques-benefits-and-a-beginner-s-how-to

3. Consume a Healthy Breakfast

Eating a healthy breakfast puts your day on the right track. Beginning with  a healthy fruit salad to start the day is a complete win. A very famous celebrity and businessman named (who most likely needs no introduction) Richard Branson once stated he eats a fruit salad every morning. Twitter’s co-founder and CEO Jack Dorsey has two hard-boiled eggs with soy sauce every morning. Most elite professionals, nutrition rituals exist as a very specific routine to begin the day. A healthy breakfast provides the body with the fuel it needs to perform at peak levels.

4. Think Positive

Be optimistic, and train your mind to default to positive over negativity.

“Don't forget to tell yourself positive things daily! You must love yourself internally to glow externally.” Hannah Bronfman

There is power in positive thinking. Research is revealing surprising insights about the impacts of positive thinking. Learn more about the science and how to increase your positive thoughts at this link http://www.rncentral.com/nursing-library/careplans/100_positive_thinking_exercises_to_incorporate_into_your_life/

Envisioning success will help you on your path to realizing success. Radiate happiness, think positive and work to healthily reduce anxiety. Reflect on your wins and work on your shortcomings every day!  

With consistent and intentional application of these four morning essentials, entrepreneurial success is well within reach.

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5 MISTAKES SMALL BUSINESS OWNERS MAKE

Starting a business is not easy and staying in business is also not as linear a path as some may think. It takes dedication, persistence, proper planning, good money management skills and accountability. However, with the right systems in place, we can all be successful in our pursuits. Here are 5 of the most common, and easily avoidable mistakes Small Business Owners make.

• Not having proper Systems/record keeping in place

Most small business owners make this mistake. They refuse to streamline their expenses because business is not booming at this time. However, proper records will save you big time in the long run. Equipment, meals when you travel, travel expenses, educational expenses, etc. Start recording those in quick books, or even on a basic spreadsheet. Falling behind the 8-ball is much like climbing uphill.

• Not Marketing

Marketing is very important in business. Marketing can take many forms, here are a few: word of mouth, internet marketing, blogs and traditional advertising. Marketing rules aren’t set, the best type of marketing for you depends on the nature of your business and your ideal client. Do not make the mistake of is assuming you don't need to market and that business will come to you.

• Not Hiring Professionals

I totally get it, you are just starting out and you would rather have a friend help you instead of hiring someone because budget is tight right now. This is understandable, there are things you can learn about online and do yourself but there are many tasks that are better served being completed by someone else. As a business owner, your job is to only focus on two things: facilitating the growth of others, and  understanding where you provide the most value. It is imperative that you determine what your time is worth. Any task which can be completed by someone else below that cost, should be delegated. This is the only path to growth.

• Not Incorporating

Incorporating your business should be the first thing you do when opening your business.  Especially if your small business is a clothing line etc. You want to consider trademarking your stuff. You can benefit from incorporation in a number of ways. Here are four ways in which you can: Save your money(save tax), improve your business image, make your business more desirable to customers and attract investors.Investors are likely to invest in corporations rather than partnerships . You can read more on incorporating at this link https://www.mycompanyworks.com/international.htm

I hope this article helped you in some way, thanks for stopping by, remember to subscribe for more important updates and follow us on Instagram.

4 TIPS THAT WILL KEEP YOU SANE IN A STRESSFUL WORKPLACE

It is time for us to cut the cost of health-care due to workplace stress. One recent article stated the following: “Us Economy is impacted by workplace stress at a high rate, as much as $300  billion a year.” It is ok to be ambitious but working long hours, engaging in politics at work and the stress of socializing outside of work are some of the biggest stressors. This was revealed by a recent Bridge by Instructure survey.

However, we can reduce stress in the workplace by taking these simple steps :

• Define your Career Goals

Ensure you and your manager or Boss is on the same page. Be clear and make strategic plans towards your future. Focus on the bigger picture and create daily steps to getting to your goals. Make it easy to have conversations, be transparent this will help you to limit future stress.

• Be Proactive  

Moving about is beneficial for physical and mental health. Sign up for a gym membership, exercise in the morning before work and while at work move about. Light aerobic exercise throughout the day will reduce stress.If you have a problem remembering things, add it to your daily reminders. Your health comes first, that’s what you need to continue working.

• Take your paid time off and sick days

Why are you saving them? Use them, they are yours to enjoy after all you’ve earned that them.It will eventually add to your production which will help the company significantly and you will also benefit from a well-deserved break. It is a win-win situation for you and the employer.

• Get enough sleep  

Missing out on your sleep interferes with your focus, creativity and overall production. It is tempting for most corporate workers to add a little leisure time in the late evening. You may gratify your desire in the moment but you will pay a huge price for this gratification the next day. Good sleeping habits is beneficial to your health and will increase your productivity. Do what is right for you health and focus.

Follow these tips and you will see a change in your productivity overall. Click the subscribe button for more quality content.

4 Things to Consider Before Moving Your Business Into a Co-Working Space

Should I move my business to a coworking space?

If you work from home or run a business out of your home office, you might be wondering if it’s time to move your business into an office or coworking space. Here are 4 things to consider when deciding whether to move your business out of your home office.

If you are meeting with more clients

Are client meetings outside of your home keeping you busy? If so, it may be time to move your business into an office or coworking space. Having a convenient location to for clients come to you can reduce your travel time and logistical planning of meetings, while also increasing the time you can spend working.

Whether your home is convenient

Are clients coming to your home as a place of business? Consider where you live and the nature of the business you are conducting: Is your home convenient or easy to find? Is it near public transit or a convenient place to park? These factors can all be barriers for potential customers. If clients are having difficulty finding your home, it may be time to move your business into an office or coworking space. Coworking spaces in urban centers are typically located near convenient parking and public transit.

Are you hiring more employees?

Is your headcount growing? If so, you will have to decide where the people you hire will sit. Consider whether your home office physically has enough room for more workstations and if it is a convenient location for commuting. If your employees will work from your home office, determine how that will impact your insurance policies and weigh that cost against the cost of renting space. If your employees will be working remotely, consider the cost of upgrading to high-speed, reliable internet for virtual meetings. Offices and coworking spaces have access to high-speed internet and many will include it as an amenity.

Growing your network

Finally, consider the growth potential your business will have when moving into an office or coworking space: If you are working in an open, urban space, you are more likely to meet potential clients while going about your daily business. Working from a home office doesn’t offer the same opportunity for people to walk by and notice your business. Not only that, a coworking space allows you the opportunity to network with other small business owners, possibly landing your next big referral or client—the potential benefits outweigh the cost of renting a space.

In conclusion, there are several things you should consider before moving your home business into an office or coworking space. Consider where you are meeting your clients and if having a more convenient location would save time and money. Also consider your physical space and whether that is conducive to how your company is growing—as well as its future growth potential in a new space. If you’re not sure where to start, Grab Suite can help you determine if a coworking space is right for your business, as well as which rental plan would work best for you.

4 Brilliant Explanations Why You Should Start a Business When You're Young

4 Brilliant Explanations Why You Should Start a Business When You're Young

Honestly, there's no brilliant guideline for when you ought to set out on your enterprising adventure. Be that as it may, there are huge amounts of points of interest to beginning a business at an early stage throughout everyday life.

On the off chance that you've at any point needed to begin a business, you're absolutely not the only one. Regardless of whether you think about the following best thing in tech or a simpler method to convey pizzas, the open doors are genuinely interminable. What isolates the "wantrepreneurs" from the business people is activity. An incredible thought is useless without execution.

So when's the best time to begin a business? Following quite a while of experience working for a company? When you've settled with your family? Honestly, there's no brilliant principle for when you ought to set out on your adventure. Nonetheless, there are huge amounts of points of interest to beginning a business at an early stage throughout everyday life.

Here are four reasons why you should begin your business when you're youthful.

1. Bomb quick, flop frequently… Fail early

This statement is utilized a ton in persuasive talking. We're read a clock and time again we have to flop so as to succeed. Like each persuasive statement, you have to think about it while taking other factors into consideration. Indeed, the facts demonstrate that you will most likely fall flat commonly before you have a major win; in any case, you have to figure out how to flop well.

At the point when your business goes under, it sucks. You'll be debilitated and you'll experience difficulty persuading yourself for the following gig. This is the reason it's critical to come up short when you're youthful. I propelled my first business crisp out of secondary school. After about a year, we chose to cut our misfortunes.

I was debilitated for a considerable length of time. All that time invested down on myself was energy squandered. So, it is ideal that I was just 18 and brimming with vitality at the time. Flopping quick and bombing frequently is significant, yet bombing early is critical. After your first huge disappointment, the following couple of will be simple.

2. There's commonly substantially less in question

When we're youthful, we for the most part have less duties. You likely don't have a family or a home loan to pay, and in case you're fortunate, you're still on your folks' medicinal protection.

Beginning a business puts a great deal in danger. Beside your accounts, you're additionally going to submit 110 percent of your time. Allowing up a year when you're part a stay with your prime supporter versus a year when you're supporting a family is an enormous distinction.

3. Long haul resources

Whenever done right, a business can be a standout amongst the best long haul resources you can assemble. Invest the energy presently, to make an automated revenue for an amazing remainder.

In case you're a millennial like me, you have to begin building resources as right on time as could be expected under the circumstances. In the event that you basically exchange your time for cash, by acquiring a pay, you just won't excel throughout everyday life. While it's extreme, fabricating long haul resources is constantly justified, despite all the trouble. All things considered, you have to begin as ahead of schedule as could be expected under the circumstances.

4. You'll experience "this present reality"

I've generally been a hands-on student. I was never ready to get a handle on ideas in the study hall. I simply expected to get out and do it. Study halls and corporate positions are regularly controlled conditions. While you can gain proficiency with a great deal, you'll pass up some key exercises.

Beginning a business is the ideal method to get your "genuine world" training. There's no instructor or chief disclosing to you what should be finished. You have to think of your own thoughts, showcasing plans, raising support objectives, enlist workers and substantially more. When you commit an error, there won't be anybody to cover for you. These exercises are important, and must be gained as a matter of fact.

To be completely forthright, it's never past the point where it is possible to begin a business. Be that as it may, there is an ideal time - and it's in your childhood. So get out there and get the opportunity to work!