Categories
Startup

Grow Your Startup Business With These 5 Effective Leadership Qualities

Now and then we come across some influential industrialists talking about powerful leadership and how it can help an organization to scale and grow. A strong leader can keep his employees and teams highly motivated. But what exactly are the characteristics that make a person a strong leader? Is it an influential connection or a charismatic personality? Does having a high competitive spirit make a person a powerful leader that holds the key to an organization’s success?

Excellent leadership is a necessity for every company that wishes to grow and sustain for a longer time in the market. The ups and downs and the uncertainty of the business demand a strong vision and a compassionate heart that is quick enough to make decisions to navigate the rough waters.

There are many business coaches according to whom ‘effective leadership is also all about building up the people around you: empowering them, trusting them, and ultimately, enabling them to contribute their expertise so that the team can become more than the sum of its parts.’

So if you are thinking of taking the charge and leading your startup business in a direction where it thrives and make progress, here are five leadership skills that will help you and your team increase your company’s leadership quotient:

1. Set Clear Priorities

It is easy to get caught up in a new organization that is making continuous progress. But, one of the key roles of a leader of your company is to prioritize the important things. When you make everything important, it creates a sense of chaos amongst the employees as most of the time they feel that everything is urgent.

As a leader, you need to sort through all the distractions and make it crystal clear to the people you are working with what they need to focus on first and foremost. Learn how you can sort important tasks from Dr. Vivek Bindra in this video:

2. Empower Your Team

Good leaders are not just focused on their personal growth. They leverage the skills and brainpower of their team. They never micro-manage and instead give their team freedom and space to figure out the best way to accomplish goals and complete tasks.

To implement this in your company, you need to be more aware of the results you are aiming for. Managers often micro-manage because they have not taken the time to figure out the outcome of the process. A good leader starts with the outcome in their mind and then lets their people find the best way to achieve it.

3. Start Delegating Work

Delegation is no less than an art. As a powerful leader, you must have this critical skill to be effective and advance. Failing to delegate work to the right people will leave you engaged with operational tasks that will hinder your advancement. So focus on highly important and complex tasks. Then delegate starting with simple and unimportant and work your way up.

4. Emotional Intelligence

Great leaders often are good communicators. They have the soft skills to help others manage their way through strong emotional responses. They not just listen to what people say but also try to understand what has not been said through nonverbal and contextual signals.

5. Analytical Mind

Strong leaders also tend to demonstrate strong analytical skills. An analytical leader can take stock of a situation, consider possible paths and likely outcomes, and chart the course most likely to succeed. This skill set provides value no matter your role, and it becomes increasingly valuable the more authority a person has.

If you want to be a powerful leader, you can start cultivating this set of five skills. To gain in-depth knowledge about how to become a strong leader, you can attend India’s most impactful leadership funnel program 2.0 by Dr. Vivek Bindra. To know more about this event, register here: https://www.badabusiness.com/lfp?ref_code=FB&&pp_code=BHBB000078

Categories
Leadership Building

These 3 Key Skills Help Powerful Leaders Overcome Challenges!

What constitutes a great leader? What are those essential qualities that make for great leadership? A strong leader can help an organization to stay afloat in the best of times, and in the ones that try us the most. Hence, strong leadership is more important than ever!

Here are three qualities that make for great leadership:

1. A Good Listener

What’s not said is just as important as what is said!

Listening and hearing have a hairline difference between them. Hearing is passive, while listening is active-and the great leader is someone, who understands the difference between the two terms.

A great leader will take cues from all other aspects and help people in the organization who might lack the courage to speak up. Real listening is essential for effective communication. Listening not only involves ears but many other aspects like body language, expressions, and gestures.

2. Take Action Spontaneously

Many leaders talk, but they do not execute and do. And it is doing so that separates the real leaders from the rest. When your words match your actions, people learn to develop trust. It is more impactful when you take action on what you are hearing from your employees. Leaders who act quickly and confidently often must make difficult decisions, and for that it takes grit.

3. Communicate Clearly

There is no one-size-fits-all strategy when it comes to communication. But, successful communication begins with transparency. But to keep lines open and clear across the business, we must be careful not just about putting our messages across, but also about the mediums, too.

Leaders often have to make difficult decisions such as furloughs, and staff reductions. But great leaders always try to find the right balance. We are in uncertain times, where the dynamic of business is constantly changing. Leaders, who have clear objectives, are certain, and are committed to their passion and perseverance, are the ones who will continue to build trust in these uncertain times.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

It is essential to have leadership qualities to lead a successful business. Learn how to become a powerful leader from the industry experts in our leadership funnel program 2.0. To know more, register here: https://www.badabusiness.com/lfp?ref_code=FB&&pp_code=BHBB000078

Categories
Motivational

11 Super Powerful Micro Habits To Increase Your Productivity 10X!

Humans are made from their habits. A habit whether it is good or bad can affect your life personally as well as professionally. Believe it or not, habits can impact your life in unexpected ways. We often overlook the power of habits that over a while becomes a part of our personality. And since many people are leading a mechanical life that is always on auto-pilot mode, their productivity has reduced to 0.

So here we are with 11 amazing micro habits that will supercharge you and boost your productivity by 10X:

1. Go to bed early & Get Up Early

Well, Indian parents have always been an advocate of “early to bed, early to rise”. Though we hate that connotation very much, we can’t overlook the scientific fact that sleeping on time and rising early can benefit you in more than one way.

Getting up early not only gives you time to plan your day, but it also silences the rush and anxiety that we feel before stepping out to face the world.

2. Schedule a Couple of Hours Just for Yourself

To complete a particular task at hand, ensure that you block a couple of hours dedicatedly for it. Having a blocked schedule will ensure that you have uninterrupted work time to finish all your tasks at hand. You can ask any business motivational speaker and he or she will advise you to manage time efficiently.

3. The 5-Second Rule

When you are preparing yourself to do a task, countdown from 5,4,3,2,1. As soon as you hit 1, jump at it. Spring into action and put it in motion. If you don’t spring into action, your mind will kill the idea.

4. Plan Your Day A Night Before

Instead of rushing through your morning chores, plan your day the night before. Make your to-do list every day for the next day before hitting the bed. This will give you a system to follow and will help you kick-start your day which is much needed to be productive throughout the day.

5. Say No To Multitasking

When your focus is split into multiple directions at the same time, your productivity and the quality of work go down, draining your energy faster.

6. Organize Your Work

Organizing your work will make it easier for you to tackle it more proficiently. If you struggle to organize your tasks at hand, many apps can schedule and organize your work for you.

7. Divide Difficult Tasks into Small Tasks

This will not only make the task more concrete and actionable but also makes it seem smaller and easier to start.

8. Eat Food That Empowers Brain

Blueberries, nuts and seeds, leafy green vegetables, avocados, fish, and dark chocolate are great for boosting your brainpower.

9. Use the Pomodoro Technique

Time-management techniques help prevent burnout, and you will increase efficiency. Work on just one task for 25 minutes, then take a five-minute break and repeat. Take a longer break after three sessions.

10. Set a Deadline for Each Task

Give yourself a deadline for a particular task. This will help you to focus on it entirely and get things done faster. Many successful billionaires practice this to tick off their tasks. Learn how to master your 24 hours from Dr. Vivek Bindra- the best motivational speaker in India in this powerful video:

11. Get Enough Sleep

Getting enough sleep is as important as scheduling your tasks for the day. This can’t be stressed enough because taking proper and uninterrupted sleep is vital for your mental health. Don’t force your body and mind to work harder when they can’t, especially when you are running behind your sleep schedule. Once you catch up to a healthy sleeping pattern, your productivity will increase at work.

These 11 micro habits, if followed religiously can transform your life for the good. Developing healthy habits can do wonders for your professional and personal life. So, try to incorporate these habits into your life and see the difference.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business bringing an exclusive Leadership Funnel Program 2.0 where you can learn about the fundamentals of business from the industry experts.

To know more, register here: https://www.badabusiness.com/lfp?ref_code=FB&&pp_code=BHBB000078

Categories
Motivational

5 Top Indian Athletes Who Are Making Their Mark In Entrepreneurship!

Whether it is keeping the Indians on their toes during a match by sending the ball for boundaries or ruffling their opponents with their powerful serves, or making the entire nation cry by lifting the world cup after more than two decades, sports stars have always been close to the hearts of millions of Indians rooting for the game.

But as every player retires after a certain age, they secure their future by investing in various businesses. Some even choose to start their own startup business to keep their income sources open.

Here are five athletes who have had their tryst with entrepreneurship:

1. Yuvraj Singh

Yuvraj Singh has inspired millions of his fans around the globe, not just by hitting centuries but also by defeating the life-threatening disease of cancer. Dynamite at the pitch, Yuvraj is now helping others chase their entrepreneurial dreams through his investment firm -YouWeCan Ventures. His firm aims to help exceptional entrepreneurs to build great brands, companies, and productive teams. His company’s motto says, “We give Startups a Start.”

If you have a business plan, you can get help from the best business coach in India and invest in your startup.

2. Virat Kohli

From an excellent batsman on the field to being known as a fierce captain of India, Virat Kohli is the heart of cricket fans in India. But not just on the field, he is a fantastic investor off-field as well. In May 2015 Virat Kohli launched his chain of gyms and fitness centers called Chisel in association with Franchise India. The firm plans to launch a total of 75 centers in three years, while Virat’s investment in the chain is almost INR 90 crores.

In 2014, Virat launched his first fashion brand Wrogn. He is also a co-owner of the Indian Super League Football club FC Goa.

Kohli has also invested in the hospitality sector and owns Nueva- an elite restaurant located in the gastronomical hub of RK Puram. His restaurant features some great palette pleasers like Ceviche de Camarones, Spicy mole, La Caja de Pinturas, Peruvian piscos, and more.

3. Sachin Tendulkar

The God of Indian cricket- Sachin Tendulkar also seems to be the god on the startup pitch. The master blaster has put multiple investments in budding businesses like Smaaash (sports simulation), Musafir (UAE-based Internet travel company), Kochi Franchise, S Drive and Sach (healthcare and sports fitness products), Universal Sportsbiz (celebrity merchandise), and Mumbai Franchise for the International Tennis Premier League.

4. Kapil Dev

After guiding the Indian cricket team to victory in 1983 for the Cricket World Cup, in 2014, India’s best all-rounder – Kapil Dev also co-founded and invested in SloPho, a social gamified collaboration platform slowing users to win prizes by participating in games, contests, pools, and quizzes.

According to publications, he has also invested in PeopleEasy.com, an online grocery portal. Last year, the cricket legend along with London-based Bay Capital Founder Siddharth Mehta and others invested $3 million in SAMCO Ventures.

5. Saina Nehwal

The queen of badminton in India has not just invested in her sports but also ventures and businesses. She chose her father and financial service provider Edelweiss to manage her funds. Later in November 2016, we saw her batting for women’s care by investing in Paree sanitary pads.

These athletes not only prepare themselves for the field but also for their future. Every player has invested in multiple businesses. If you too want to explore different investment sources, you can take an online business coaching program from our website: www.badabusiness.com

Categories
Education

Work From Home: A Bane Or A Bliss?

Working from home is the new norm for many organizations. It has changed how the world was previously working.

From large to medium to small organizations, many companies are offering their employees the facility of working from anywhere. According to a report by Prof. Nicholas Bloom of Stanford University in his study at Ctrip found that for WFH employees productivity increased by 13.5% apart from savings in terms of travel costs and workspace costs.

In fact, according to a report by MoveInSync published in Economic Times, ‘An average Indian spends 2 hours on the road which constitutes 7% of their day.’ Indians spend more time in daily office commuting than any other country in the world. The ‘Travel Time Report Q1 2019 vs Q1 2018’ report is based on the data collated from the rides on the MoveInSync platform across Bengaluru, Hyderabad, Chennai, Pune, Mumbai, and Delhi-NCR.

However, many employees also experience high levels of stress and work as working from home has diminished the line between working hours and personal space. Women especially are bearing the brunt of work-from-home as they are struggling to strike a perfect balance between work and home. Many employees also feel isolated and disconnected from their work. They withdraw from the team dynamic and suffer from stress and anxiety. That’s why it is vital to maintain contact with your co-workers and to cultivate a sense of belonging.

Employees feel that they have to be available 24/7 for work and feel mentally spent at the end of the day. There are issues concerning the lack of factors like recognition at work, absence of people who care and share, evaluation of progress, decreased employee engagement, and in turn, employee performance.

So what can you do to make your work-from-home more productive?

Here are 5 steps you can take to make your work-from-home experience productive:

1. Set Boundaries

Make sure any roommates, family members, and dogs (well, maybe not dogs) respect your space during work hours. Just because you’re working from home doesn’t mean you’re home. If you share space with another work-from-home adult, you may have to lay ground rules about meeting times, shared desks and chairs, and quiet times.

2. Take Breaks

At the workplace, we tend to take frequent breaks and have people around us. We can communicate with our teammates, and get to interact with people. But when we are at home we feel guilty about taking breaks. So, don’t let the feeling of guilt take you over. However, rather than just opening YouTube and watching some random videos, go out for a walk, enjoy the fresh air, or spend some time with family members.

3. Prepare Meals the Night Before

Preparing your food a night before ensures that you can use your meal times to eat and that you aren’t performing non-work tasks that spend energy better used at your desk.

4. Join a remote-friendly company

If your work can be done remotely, but your current boss or organization doesn’t allow you to work from home, you might need to get a new job. When looking for a work-from-home job, you can use the same methods you used in finding your regular office job. This includes channels like job sites, local job ads, and social media platforms.

5. Start Your Own Business

Another way to enjoy remote working is to start your own business. If you have a business idea you can work on it with the help of a business mentor and turn it into a successful venture. There are many businesses like candle making, tiffin service, and online businesses that you can start with minimum or zero investment.

Working from home is a boon for many. But it is also a fact that for many it is a cause of anxiety and stress. However, we have shared a few amazing tips that can help you use work-from-home to increase productivity.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more about our courses, visit: www.badabusiness.com

Categories
Motivational

5 Desi Movies Every Entrepreneur Must Watch!

Movies, whether from Bollywood or Hollywood have always been our window to the other world. While some are meant for pure entertainment with perfect comic timing and dialogues, some touch our hearts with their high emotional quotient and heartwarming script. There are some masterpieces too that give you food for thought and showcase human tragedy. Then few more Bollywood movies showcase the triumph of human life and influence us in some way.

So whether you want to become the best business motivational speaker or an artist, the road less taken often has a rough path. And though we already know that being an entrepreneur is not an easy deal, what could be the best medium other than movies to showcase the journey of an entrepreneur in India? So we have handpicked five desi movies that show the passion, tenacity, and undying spirit of its characters that all entrepreneurs can relate to:

1. Pyaasa (Guru Dutt, 1957)

‘Old is gold and this epic movie by the legendary Guru Dutt fits the bill completely. Playing the protagonist of the movie, the actor plays the character of a poet with an undying passion for writing poetry. His poems are quite radical and showcase the ordeal of the destitute. He also pens down the arrogance of the rich after the departure of the British from India.

He is frowned upon by his brothers, who sell away his poems as waste paper. After lots of struggle, he becomes frustrated by the hypocrisy around him and declares himself dead. It is only after this that the publishers embrace his work and he becomes famous.

Takeaway: The story speaks about the never-dying passion of entrepreneurs for their work and how despite the challenges that society and life throw, they keep on going and come out as a winner.

2. Manthan (Shyam Benegal, 1976)

If you are not aware of the truth behind the formation of the ‘Amul Co-operative Society’, you can watch our extremely informative case study here. You can also watch this old classic movie Manthan which revolves around the story of a vet doctor who comes to a village. The doctor aims to open a milk cooperative society for the welfare of the villagers.

He faces lots of resistance from the rich businessmen and the head of the village. The movie showcases the real-life journey of Dr. Verghese Kurien- the father of the White Revolution in India and how the Amul Cooperative Society was formed.

The Takeaway: The helplessness of the protagonist is real and the movie beautifully does justice to capture the hurdles entrepreneurs often face in the beginning.

3. Manzil (Basu Chatterjee, 1979)

Another movie from the deck of old, this film captures the life of a young unemployed man who has ambitions and dreams of starting his startup. He starts a galvanometer business but the company fails due to high competition in the market. He drowns in bad debts and faces lots of challenges in his personal life as well. However, the protagonist mends his ways and eventually emerges as a winner.

The Takeaway: This movie may appear very simple on the surface, but deep down it teaches us to be ambitious and follow our passion. It does not matter from where you are coming, chase your dreams with all your heart, learn from your failures and move on.

4. Swades (Ashutosh Gowariker, 2004)

Behind every startup, there is an entrepreneur who is working on a problem at the grass-root level and this movie revolves around the same. The protagonist, played by Shahrukh Khan is a young scientist working as a project manager at NASA who comes to his village to find his nanny. The village which is full of diversity, colorful and complex helps to draw a parallel contrast between the two different countries which compels the protagonist to go on a quest to generate electricity for his village.

The Takeaway: The movie sends out a million years old messages of ‘Unity in Diversity and clearly states that a country’s strength lies in its people. Along with that, it poses a vital question- what should we do as responsible and intelligent members of society?

5. Guru (Mani Ratnam, 2007)

Guru probably is the most obvious entry into this list. Based loosely on the life and times of Dhirubhai Ambani, Guru shows an ambitious middle-class boy who is full of business ideas and wants to make it big in the business world. He gets married to a rich businessman’s daughter and uses the money he receives in his wedding as a dowry to start a business. The controversial film follows how he uses his skills and ambition to create one of the richest companies in the country.

The Takeaway: Though the protagonist in this movie is portrayed to be cunning, over-ambitious, and manipulative, he also encourages us to believe in our dreams.

The five movies that we have mentioned above will not just be entertaining, but will also offer a reflection of our society and the challenges that businessmen often experience. So watch these movies and enjoy!

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

To know more about our programs, visit: www.badabusiness.com

Categories
Marketing

5 Reasons Why Digital Marketing Is The Future Of Marketing!

From large organizations to small companies, everyone has realized the power of digitalization in the crisis. The adoption of digitalization will be the key to unlocking a brighter future.

Before we tell you five reasons, let us first tell you what digital marketing is!

To understand digital marketing, it is important to understand what marketing is first. The concept of marketing has always been about connecting with your audience and meeting them at the right place and at the right time.

Today, it simply means to connect with your audience and build a strong customer relationship where they are already spending maximum time- on the internet. Any marketing tactic that uses electronic devices to promote their business services or products on the internet is called Digital Marketing.

Businesses use digital channels such as search engines, email, social media platforms, and other websites to connect with existing and potential customers.

Why is digital marketing important these days?

Digital marketing helps you to reach a wider audience while sitting in one place. It is distinct from traditional marketing methods and targets potential buyers. It is more cost-effective as compared to traditional advertising methods and enables you to measure your success daily.

Although there are plenty of benefits of digital marketing, here are the top five:

1. Meet Your ‘Potential Buyers’ Directly

If you pick the traditional method of advertising like billboard, magazine, or on TV, you have very little control over who sees your ad. You can certainly measure demographics like viewership, readership, or population in a certain area- but it is still largely a shot in the dark.

Digital marketing allows you to identify and target a particular audience that is interested in purchasing your product or services. It also lets you send personalized and customized, high-converting marketing messages as it lets you research and identify your buyer’s persona.

2. Customize Your Marketing Efforts

While in a traditional method the ad on the billboard will cost you the same irrespective of the fact that the ad converts into a sale or not for you. Digital marketing enables you to track campaigns on a real basis and provides data. It can also let you have complete control over where you choose to spend your money.

If you work in a small company or have a small business with a limited budget for advertising, you can try investing in blogging, social media, or SEO which can guarantee high ROI even with minimal spending.

3. Let you compete with your competitors

Small business owners or entrepreneurs can use digital marketing to stay ahead of their competitors even if they do not have millions of dollars to spend on advertising. With effective digital marketing strategies like content marketing, SEO, and social media even small brands can create awareness and strong brand identity because search engines do not care which brand is the biggest and work on a simple algorithm. You can learn how to do digital marketing without burning a hole in your pocket easily!

4. You Can Measure Your Results

Digital marketing lets you have control over your metrics. You can see the number of impressions, views, shares, likes, and time on the page. This is one of the major benefits of Digital Marketing. It also allows marketers to see accurate results in real-time.

5. Meet Your Specific Marketing Needs

Digital display advertising and SEO, for example — are intended to catch everybody’s attention by casting a wider net; however, you can tailor them to meet your specific needs. Though these two avenues require significant time and financial investments to implement, they produce great results.

There are multiple digital marketing tools and tactics to learn. Each tool comes with its benefits and features. Every entrepreneur must understand the multidimensional features of Digital Marketing to make the most of it.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses.

To know more about our courses, visit www.badabusiness.com

Categories
Motivational

9 Career Advice From Ankur Warikoo We Wish We Knew Earlier!

Are you anxious about your career choices? Are you worried about how to take your professional career ahead? Worry not! Here are nine pieces of career advice from none other than Ankur Warikoo- a popular face who has his own YouTube channel. He is also the former CEO of Groupon and Nearbuy.

Here is a list of career advice from Ankur Warikoo who will help you navigate all the confusion that we all experience at some point in our lives:

1. You Get Paid for What You CAN Do!

When starting a career, we all have high expectations about the role and reimbursements. But at the initial stage, you only get paid for what you can do. You explore different industries and roles and based on your performance, you make your career. You have to showcase your abilities and then you get paid for those. Later, after you become experienced, you get paid for what you do.

2. You End Up Managing People

No matter in which industry or field you are, every promotion brings you a step closer to managing people.

3. Not Everyone Can Become Managers

Every individual is unique because of their exclusive skills and talents. But this does not mean that they could be good managers too. Managing your job and responsibilities is one thing and managing people who are coming from different backgrounds, beliefs and experiences is completely another ball game.

4. Grow Professionally By Helping Your Peers & Your Boss!

Most people on their first job can be seen working tirelessly even outside their job roles. This simple step not just helps them grow professionally, but also helps them to build networking. The more you make your boss’s job easier by taking on more and more responsibilities, the more you will grow- professionally because you get to learn new things and develop new skills.

5. Grow While Learning

When you start working, always ensure that you are enhancing your skills. A job that gives you experience should add to your knowledge bank as well. If you switch jobs and opt for the same job role, ensure that you are learning something new. If you have three years of experience, make sure that you hone your skills and make it 3 YEARS of experience. Not 1 year of experience done three times.

6. Gain In-depth Knowledge of Your Work

In the early days, it is very important to gain deep knowledge 0of your work, field, and industry. This will give you an edge over everyone else. Deep insights and knowledge will help you in the future. Once you have gained experience, you can go wide. You can explore the horizon of industries and can experiment with distinct roles and positions.

7. Action is Greater than Thoughts

Have a business idea? Then make a business plan along with goals and how will you achieve them. Create a timeline to achieve your goals. An idea remains a dream unless action is taken. No one ever gets rewarded for just having an idea. So work on your idea and never shy away from working hard towards your dreams. You can also take help from a business coach who will mentor you and guide you in the right direction.

8. Respect Your Commitment

Once you have committed, you must fulfill it by beating the odds. When you do what you have promised, you not only become more trustworthy, but it also increases your credibility. The reward for standing by your word and commitment is immense.

9. Be Consistent

“Slow and steady always wins the race.” You must have heard this adverb a lot of times courtesy of the story of a rabbit and a tortoise. The message here is that it does not matter how fast you are running. If you hustle, you grow fast in the short term. However, it is essential to be consistent in your efforts. If you pace yourself, you grow big in the long term.

Everyone has dreams when they start their career, with lots of expectations and high hopes. This career advice by Ankur Warikoo will help you to navigate in the right direction.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more about our courses, visit: www.badabusiness.com

Categories
Motivational

These 10 Books Recommended By Elon Musk Will Open A Whole New World Of Knowledge!

“A book can be your best friend.” Sometimes it can be your peaceful escape, while other times it can take you to a world, where you have never been before. A book can give you a fresh new perspective, open your mind, and give wings to your imagination. It can throw light in the darkest corners of your mind by making you aware of various aspects of the world.

Many successful millionaires read books. In an interview, Bill Gates mentioned that he is very fond of reading and reads around fifty books per year. And Elon Musk who is the brilliant mind behind Tesla and SpaceX is no exception.

Whenever Musk is asked about how he learned to build rockets, he says, “by reading books.” Not only this genius reads them but also devours them. Musk has a personal library and offers some recommendations of his own.

Here are the top 10 books recommended by Elon Musk:

1. Life 3.0: Being Human in the age of Artificial Intelligence| By Max Tegmark

Will superhuman intelligence be our slave, or become our god? What will the future look like? Taking us to the heart of the latest thinking about AI, Max Tegmark, the MIT professor whose work has helped mainstream research on how to keep AI beneficial, separates myths from reality, and utopias from dystopias, to explore the next phase of our existence.

How automation can help us grow our prosperity, without leaving people lacking income or purpose? How can we ensure that future AI systems do what we want without crashing, malfunctioning, or getting hacked? Should we fear an arms race in lethal autonomous weapons? Will AI help life flourish as never before, or will machines eventually outsmart us at all tasks, and even, perhaps, replace us altogether?

2. Twelve Against the Gods| By William Bolitho

Encompassing the timeless values of perseverance, bravery, and strength of spirit; this book consists of essays that are nearly one hundred years old but still that have proven to resonate with the pioneers and thought leaders of today.

In this book, author William Bolitho details the lives of twelve great adventurers — Alexander the Great, Casanova, Mahomet, Christopher Columbus, Lola Montez, Charles XII of Sweden, Cagliostro (and Seraphina), Napoleon I, Lucius Sergius Catiline, Isadora Duncan, Napoleon III, and Woodrow Wilson. He also demonstrates the struggles and successes that made these iconic figures famous.

3. Screw Business As Usual | By Richard Branson

It’s a vibrant and definite sea change from the way business was always done, when financial profit was a driving force. Today, people aren’t afraid to say, Screw business as usual!-and show they mean it. Richard Branson is one of the world’s most famous and admired business leaders. He argues in his book that it is time to turn capitalism upside down-to shift our values from an exclusive focus on profit to also caring for people, communities, and the planet.

4. Waiting for Godot| By Samuel Beckett

‘Waiting for Godot’ is a valuable book that begins with a summary of the play and its origins and editions. It then explores the play’s meaning and the historical and intellectual contexts informing Beckett’s work. The book then examines Beckett’s dramatic art and gives full coverage of the play’s performance history. A bibliographical essay surveys the most important critical studies.

5. Howard Hughes | By Donald L. Barlett

Whether he was courting public attention in the roles of aviator, playboy, and entrepreneur, or shunning it as a recluse, Howard Hughes commanded headlines throughout his career. Yet the image of his life, his power, and his business empire that caught the public imagination was almost completely false. This book revolves around his life, revealing the multiple layers page by page, taking its readers closer to the reality of his life.

6. Super Intelligence | By Nick Bostrom

Human beings are blessed with some of the most amazing capabilities that the other species on this planet lack. It is these capabilities that put humans in a more dominant position. Where other animals have stronger muscles and sharper claws, humans possess the ability to think with their cleverer brains. Read the book and learn about genies, oracles, singletons, and a lot more intricate concepts.

7. Benjamin Franklin | By Walter Isaacson

Benjamin Franklin is the founding father who seems made of flesh rather than marble. In a sweeping narrative in this book that follows Franklin’s life from Boston to Philadelphia to London and Paris and back, Walter Isaacson chronicles the adventures of the runaway apprentice who became, over the course of his eighty-four-year life, America’s best writer, inventor, media baron, scientist, diplomat, and business strategist, as well as one of its most practical and ingenious political leaders.

8. The Machine Stops | By E.M Forster

The Machine Stops” is a science fiction short story (12,300 words) by E. M. Forster. After initial publication in The Oxford and Cambridge Review (November 1909), the story was republished in Forster’s The Eternal Moment and Other Stories in 1928. It was voted as one of the best novels in 1965.

9. Steve Jobs | By Walter Isaacson

Walter Isaacson tells the story of the rollercoaster life and intense personality of a creative entrepreneur whose passion for perfection and ferocious drive revolutionized six industries: personal computers, animated movies, music, phones, tablet computing, and digital publishing.

10. The Life of Greece | By Will Durant

A history of Greek civilization from the beginnings, and of civilization in the Near East from the Death of Alexander to the Roman Conquest of Greece!

Inspiration can be anywhere! And if you want to be a successful entrepreneur reading could be a great way to increase your knowledge and awareness. These 10 books recommended by Elon Musk should be on your reading list.

The idea of managing a business is easier said than done and we completely agree with you. This is why to help you move forward with your business goals, we at Bada Business offer an exclusive Business Coaching Program that comes with Foundation courses, specialized courses, and value-added courses. To know more, visit: www.badabusiness.com

Categories
Startup

How To Avoid These 5 Common Mistakes That Cause Startups Failure?

India is the 3rd largest startup ecosystem. Though the immense growth and support for startups is a pleasant change, the hard fact is that most of the startups in India fail within 5 years of their launch, as per a report by IBM Institute for Business Value and Oxford Economics.

One major reason behind the failure of any startup is the lack of innovation. But that’s not it! Another factor that contributes to startup failure is not learning from past mistakes and repeating them. Here is a list of five common pitfalls that every entrepreneur makes at the early stages that could cost them their dream venture:

1. Not Hiring People Who Think Out Of the Box!

Many entrepreneurs hire people just like themselves. Avoiding this trap is essential to make a startup business successful. Without people who challenge the stereotypes and the founders’ thinking, a startup fails to identify new opportunities or spot risks until it’s too late.

Avoiding this trap is essential to make a startup business successful. Startups should hire people who think out of the box and know no creative boundaries. The diversity of ideas, skill sets, and backgrounds are the key essentials of every successful startup. You can watch amazing videos by Dr. Vivek Bindra- the best business coach in India to learn how to hire the right people for your organization!

2. Rushing After Funds

Capital is essential. But this does not mean that every startup should rush after it. Speed is important, yes, but without breaks, it will result only in a misadventure. Finding a balance speed to find the right fit is equally essential.

Finding perfect Venture Capital is just like finding the right partner for marriage. Take enough time to find the right match- and avoid jumping at the first or the most extensive check.

To avoid a situation like that, put in a considerable amount of time to find a VC partner that will provide thoughtful guidance, and mentorship and will be there for you during the challenges.

3. They Don’t Consider Customer’s Pain Points

Too often founders get overly enthusiastic about their ideas related to their product or service. They often believe that once they build a product, customers will come. But building a product or a service without any customer validation or A/B testing can be dangerous for a business.

Instead, founders of startups should always find an alpha customer and then create a product to solve the customer`s biggest pain point. Creating a customer-centric product doesn’t happen by just sitting around a conference table brainstorming. The idea to build an amazing product comes from seeking out and tackling the real problems in the world that already exist. If you are confused about your business growth, you can hire the best business coach in India.

4. No Go-to-Market Plan

Entrepreneurs should document a clear and concise path to their profitability. To chart this document they should conduct rigorous research and analysis that challenge their market estimates.

This requires an in-depth knowledge of the strengths and weaknesses of their market competitors. They should also determine the company’s proprietary advantage in each market segment it is looking to penetrate.

It is also important to be prepared in advance to be able to shift the business with technological advancement or according to customer needs. And while adaptability is crucial, having a focused plan is also essential. As a startup the resources are generally limited, thus, it is important to be laser-focused for maximum impact.

5. Lack of Strategic Partnerships

Many startups think about partnerships just in terms of capital and checks. But startups also require strategic alliances that will help them refine their business models, and new customers, scale revenues, and generate market awareness.

By making partnerships with large and established companies, startups can save costs on R&D resources and the expertise of their professional team.

Want to know what are the other pitfalls that entrepreneurs should avoid? Know it all from the top industry experts with our Business Coaching Program. To know more, click here: www.badabusiness.com