Tag: Business Coaching Program

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Finance

4 Essential Things To Keep In Mind Before Applying For A Personal Loan

4 Essential Things To Keep In Mind Before Applying For A Personal Loan
4 Essential Things To Keep In Mind Before Applying For A Personal Loan

Summary: If you require money, taking a loan is not bad. However, the problem comes when you borrow money for your desires and not needs.

If you need money, you can come across an ocean of choices. From banks, and personal financial institutions to lending apps that lend small sums between INR 2K and 10K, many Indians are borrowing money to fulfill their business and personal needs. However, these lending apps are proving harmful and costing many their money, peace, and even their lives.

“The number of suicide cases has been on the rise since the pandemic and approximately 25,200 of those are attributed to unemployment, job loss, and being in debt”, according to data from National Crime Records Bureau.

In 2021, at least six people committed suicide in Hyderabad alone due to harassment by the recovery agents of these apps. These apps lure those who are in dire need of funds and exploit their unmet need for credit by offering no-strings-attached credit. However, they come with a high rate of interest and tricky terms and conditions to which borrowers have no recourse.

Along with that, these loan apps get access to all information from the customer’s phones after which is later used by the company to perpetrate some other financial crime.

Many business coaching programs will help you to manage your finances and get rid of your debt quickly. For those who are looking for a personal loan for the first time, it is critical to understand the nature of these loans.

Here are 5 essential tips you should consider before applying for an immediate personal loan online:

1. Pick a Loan with Lower Interest Rate

Personal loans usually come with higher interest rates and often range from 11% to 20%. Thus, even a small drop in the interest rate can make a huge difference to your overall loan costs. If you opt for a low monthly payment over a long repayment term out of convenience or for any other reason, it will cost you more as it comes with high-interest rates. Small monthly payments might seem very appealing, but it ultimately leads you to pay more for the loan over its lifetime.

2. Assess the Need for a Loan

While availing of a loan is not a bad thing, it is a financial responsibility that can extend over some time. A bad loan will lead to a financial liability that can give you sleepless nights. Hence, it is essential to weigh your motivation behind the loan and ensure that it is necessary. If the purpose of the loan is to only buy a luxury car, it might not be a wise decision.

Also, it is a high-risk move if the idea behind taking a loan is to invest in other financial products/schemes hoping to make profits. Such borrowing and reinvestment schemes are also subject to market risks and there is never a guarantee of lucrative returns.

3. Always Take a loan from the Credible Financial Institution

Apart from traditional banks, there are other financial institutions as well that are approved by the market regulator Reserve Bank of India. Digital lenders are comparatively quicker in verifying and processing loan requests, disbursement often happens faster.

It is advantageous to have multiple options to choose from as it further allows a borrower to evaluate and compare interest rates, processing time as well as other important parameters before deciding on their loan.

4. Consider Insuring Your Loan

One thing that pandemic has taught us is that life is unpredictable. Before taking a loan, ensure that your family does not have to bear the consequences of the worst-case scenario. Hence, it is important to get your loan insured. Loan insurance also works like any other insurance plan. You can pay its premium every month or as a lump sum amount.

Personal loans can be beneficial if you have planned your finances well. When used wisely, it can help you to bridge the gap in your finances without putting your assets at stake. But, it is important to ensure that you are taking a loan from a genuine source and that you pay your loan back promptly. And most importantly, remember to use the loan only for its intended purpose. You can also learn debt management through our business coaching program. To know more, visit: https://www.badabusiness.com/BCP-Event/?pp_code=BHBB000078&ref_code=SM

Categories
Motivational

6 Billionaires With Some Very Strange Eating Habits That Will Leave You Stunned!

6 Billionaires With Some Very Strange Eating Habits That Will Leave You Stunned!
6 Billionaires With Some Very Strange Eating Habits That Will Leave You Stunned!

Summary: From eating ice cream for breakfast to eating only carrots, the rich and the famous millionaires do have some weird diets and uncommon food fetishes that will surprise you….guaranteed!

We often find ourselves looking to search for some healthy food and lifestyle changes to keep ourselves in the best shape. A healthy diet is essential for good health and nutrition. It not only acts as a fuel to your body to keep it loaded with the essential energy but also helps you against many chronic non-communicable diseases, such as heart disease, diabetes, and cancer.

Eating a variety of foods and consuming less salt, sugars, and saturated and industrially-produced trans-fats are essential for a healthy diet. And when we look at the rich-and-the-famous millionaires, most people imagine the life of a billionaire to include the endless ability to demand the finest things in life, including the ability to eat some of the world’s most delectable items and enjoy the healthiest, most expensive meals prepared by a personal chef.

However, the truth is far different from what we all assume. In this article, we are going to share some of the most strange diet fetishes of these millionaires that may sound bizarre. Are you ready to be surprised?

1. Sir Richard Branson

This high-powered CEO of Virgin Group is famous for his contributions to the world of music, entertainment, retail, and space exploration has led him to acquire wealth and notoriety across the globe. He was knighted at Buckingham palace, controls over 400 various ventures, and sits at the top of the corporate food chain, yet when it comes to the food for his consumption; he has one strange habit.

Branson is addicted to tea. He is known to drink as many as 20 cups of tea each day. He has also confessed in one of his interviews with The Daily Meal that he can’t survive without a cup of English breakfast tea.

2. Elon Musk

Elon Musk works for an excessive 90 hours a week and one would assume that the CEO of Tesla and SpaceX follows a strict diet to keep him healthy, active, and alert. On the contrary, Elon Musk skips his morning breakfast altogether and instead snacks on Mars chocolate bars instead. He relishes his lunch and puts more emphasis on his dinner plans if he is not working.

3. Warren Buffett

The chairman and CEO of Berkshire Hathaway are also one of the most successful investors in the world. However, his food choices will shock you. Instead of having a healthy breakfast, Buffett opts to have ice cream for breakfast, shoestring French fries for lunch, and drinks at least 5 Coca-Colas per day.

He also prefers eating McDonald’s for breakfast every day and never spends more than $3.17 as he told CNBC.

4. Mark Zuckerberg

Mark Zuckerberg, the $104 billion man, is the founder of Facebook and one of the richest men in the world. While many others in this position of extreme wealth would engage the finest chefs to create the best cuisine that money can buy, Zuckerman has opted for a much different path when it comes to the food he eats, and it’s not for the faint at heart. He went through a phase in 2011 during which time he would only eat the meat of animals he had hunted.

5. Bill Gates

With an astounding net worth of $137 billion Bill Gates keeping a healthy diet and lifestyle wouldn’t be so difficult. With that kind of money, he can get delightful meals cooked by the world’s best chefs. But instead of binging on healthy food, Gates keeps things simple, and quite unhealthy. He admits to being addicted to Diet Coke and drinks the beverage throughout the day. He’s rarely spotted without a Diet Coke in his hands. Along with a diet coke, he takes breakfast from McDonald’s.

6. Steve Jobs

Steve Jobs was known to go to extremes not only in his work but also when it came to his eating habits. The founder of Apple worth $10.2 billion was far more successful when it comes to technology than his ability to eat a balanced diet. He would sometimes just eat one or two foods at a time, for several weeks, and then he dabbled in being a ‘fruitarian’ for a while. Once, he had eaten only carrots and apples due to which his skin also turned orange. He would also fast using the days of not eating to create feelings of euphoria and ecstasy.

For these successful millionaires, many would imagine a personal attendant being on call at all times to cook up a storm of food requests on demand, and it would seem likely that caviar and other expensive food items would be the daily norm. That is not the case. These millionaires have quite weird eating habits that can’t be considered healthy!

We hope you enjoyed reading this article! Share and comment!

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: https://www.badabusiness.com/BCP-Event/?pp_code=BHBB000078&ref_code=SM

Categories
Motivational

13 Powerful Quotes By Anand Mahindra To Recharge your Dreams

13 Powerful Quotes By Anand Mahindra To Recharge your Dreams
13 Powerful Quotes By Anand Mahindra To Recharge your Dreams

Summary: Anand Mahindra is ranked among the top 30 CEOs on social media. Apart from being a powerful leader he is also popular for voicing his opinions on various matters in the country and across the globe.

They say ‘a happy person makes a great leader’. Anand Mahindra, who is a Mumbai-based multinational conglomerate with revenue of more than $21 billion and the chairman of the Mahindra Group is standing true to his name.

Born on May 1, 1955, Anand Mahindra’s net worth is 210 crores USD. Bestowed with the Padma Bhushan Award, India’s third highest civilian award, Anand Mahindra was also included among the ‘World’s 50 Greatest Leaders’ by Fortune magazine and was featured in its 2011 listing of Asia’s 25 most powerful businesspersons.

While Anand Mahindra has been investing in Indian startups some of which include digital news website SheThePeople, social media platform LocalCircles, food tech startup DishCo, education company Naandi Education Support & Training (NEST), he has also established an NGO- Nanhi Kali that supports education for underprivileged girls in India.

An alumnus of Harvard University and Harvard Business School, he is known for his witty tweets that acknowledge and address various ongoing issues across the globe.

An amazing business mentor that he is, he has proved he is a powerful leader every now and then. We are listing some of the most inspiring quotes by the man who believes in thinking big while carrying empathy and compassion in his heart:

1.  “Leaders don’t look behind or to the side. Instead, they look ahead.”

2. “You have to treat every day as a new challenge, and you have to remain paranoid, as they say.”

3. “When you set the right targets, aspirations, and you work efficiently and diligently, the numbers happen.”

4. “Whether in services or in manufacturing, the trick is to stay ahead of the curve. I believe we should not wait to be disrupted — we should become disruptors ourselves.”

5. “Anyone who makes time frames beyond tomorrow probably isn’t pushing himself hard enough.”

6. “Nobody understands how the world will change. The only way you can plan for the future is to have scenarios. You have to have the courage to take a leap of faith on one of them.”

7. “The more you drive positive change, the more enhanced your business model.”

8. “Sustainability has to be a way of life to be a way of business.”

9. “Life has an interesting way of teaching even the most powerful people that joy from wealth is fleeting at best.”

10. “There is a degree of freedom that creates aspirations.”

11. “Brevity speaks. It forces you to convey complex thoughts.”

12. “Sometimes the only kind of innovation comes when you have some solitude; when you step away.”

13. “Benchmarking is an ongoing exercise in any company that aspires for leadership.”

We hope these wonderful quotes packed with motivation, wisdom and intelligence will inspire you to dream bigger and follow your passion without a doubt in your mind.

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: https://www.badabusiness.com/BCP-Event/?pp_code=BHBB000078&ref_code=SM

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Business motivation

5 Low-Investment Business Ideas For Small Towns & Cities In India

5 Low-Investment Business Ideas For Small Towns & Cities In India
5 Low-Investment Business Ideas For Small Towns & Cities In India

With 70% of the Indian population residing in tier II, tier III cities and small towns, small business ideas in these regions are the need of the hour. This also offers multiple opportunities for new-age entrepreneurs. The government is also promoting the idea of ‘Atmanirbhar Bharat’, which encourages the young guns of India to take a risk and become assertive in their approach.

Most of the businesses in these areas are directly or indirectly dependent on agriculture. Thus, it gives lots of opportunities to start new businesses in these areas.

‘Success may come to the first movers, but success stays with the fast movers’, says Dr. Vivek Bindra- the best business coach in India. So if starting your own business is your absolute dream, here is a list of small business ideas that you can explore in the small town:

For young entrepreneurs who are passionate about making their mark, here is a list of low-cost business ideas:

1. Retail Stores

If you will look closely, you will notice that many popular brands are making their way to the rural areas of India. While the market in the big cities has reached its saturation point, in small towns it is still at a development stage. Though the majority of the population is residing in rural India, there is a lack of retail outlets that are well-planned and cater to the different needs of the customers. One such option is to open a Kirana store. A very feasible option, Kirana stores are never out of demand.

2. Flour Mill

Opening a flour mill is another low-investment business idea that can be started with minimum investment. A flour mill can be beneficial in a small town as there is an adequate supply of the raw materials like grains, cereals, oats, barley, sorghum, and spices like turmeric, and chilli etc.

Once your business begins to flourish, you can also supply the products to nearby cities and towns at a good profit. It is a good business opportunity and requires limited money. It also requires a good electrical connection to start and run the business. To expand your business operations, you can watch great informative videos by Dr. Vivek Bindra- the best business motivational speaker in India.

3. Become a Translator

Love learning new languages? Then becoming a translator is an excellent business idea for young and aspiring entrepreneurs in India. Various companies in the country are looking to expand their reach globally. They are willing to pay people who can speak foreign languages like Japanese, Chinese, German and Spanish.

So if you are interested in learning a foreign language, you can make good money from this by offering your translation services to individuals as well as companies.

4. Fitness Guru

Today, people are becoming health conscious more than ever. Thanks to our unhealthy lifestyle and hectic work schedules, more and more millennials are turning towards fitness trainers for good health.

If you are crazy about physical fitness, you too can become a fitness trainer. There are many certification courses available as well. You can set-up a gym and become a qualified fitness guru.

5. Online Tutor

With BYJU`s joining the Unicorn Club in 2020, online education has become a popular thing. If you have proficient knowledge about a certain subject, why not use it constructively? Due to the pandemic, many students are looking for a subject matter expert to help them in their studies. Becoming an online tutor is an excellent business idea that is profitable and involves no risk. Your subject knowledge can help you earn handsome money.

If 9 to 5 desk jobs do not excite you, fuel your entrepreneurial skills with any business idea that has good prospects. Keep your target audience in mind and research well before making any decision. However, with proper guidance and expert knowledge, you can reach your goal quickly.

What does it take to become India`s no. 1 entrepreneur? Deep insights of great mentors who are ready to help you throughout your journey! And our Business Coaching Program that provides you exactly what you require to make it successful. Why not connect with us for more information?

Take the first step towards your brighter future, by clicking here: https://www.badabusiness.com/BCP-Event/?pp_code=BHBB000078&ref_code=SM

Categories
Business motivation

5 Simple Self-Care Tips For Entrepreneurs To Boost Productivity

5 Simple Self-Care Tips For Entrepreneurs To Boost Productivity
5 Simple Self-Care Tips For Entrepreneurs To Boost Productivity

Summary: Improving your habits can significantly increase your chances of success. It’s time to take a radical approach towards self-care.

Being an entrepreneur can be exciting, financially advantageous, passion-driven and personally fulfilling. It can also be exhausting, stressful and emotionally taxing as each day comes with various business challenges to navigate. In the absence of a business coach and a solid self-care plan, an entrepreneur’s vision can become skewed, making their goals harder to reach.

Entrepreneurs grapple with loads of stress than most people and can quickly get overwhelmed. They often prioritize burning the candle at both ends over caring for themselves. Hence, this often results in burnout and reduced productivity in the long run.

If you are an entrepreneur, solopreneur or even someone who is experiencing burnout lately, here are some great self-care habits to develop that will boost your efficiency and productivity:

1. Nourish Your Body

Entrepreneurs often tend to stay up late to make their dreams a reality. This could easily lead to overwork and overeating. To run a business successfully, one needs energy and stamina. To build that energy and stamina you need to start fuelling your body with nutritious food, rest and exercise. Hence, focusing on a balanced diet will make all the difference. Along with eating a nutritious diet, hydrating yourself is also important. So don’t forget to keep a jug at your desk!

2. Take Adequate Sleep

As we mentioned, entrepreneurs are famous for trading sleep with idea creation and business building. However, an average adult should get 7 hours of sleep every night and make it a common goal. Having a consistent bedtime and a sleep schedule will ultimately boost productivity, allow for more spaciousness in mind for creativity and benefit overall health.

The mentality of checking “just one more email” or “hustle-mode” can often mean that your rest is compromised. Once you develop a regular sleep cycle, you also know how much sleep you need. Resting isn’t at all difficult — it’s giving ourselves the permission to rest that is difficult. So, ensure that you get an adequate amount of sleep.

3. Set Boundaries at Work

We all have heard about boundaries. But very few understand the concept of establishing them at a workplace. When building your business, it is very easy to be tempted to take calls, reply to one more email, and be consistently available at all hours of the day. However, this can mean interrupted sleep patterns, fatigue and poor choices in nutrition. Communicating your set working hours to clients and the time during which you are “available for calls” is an essential cornerstone for your success.

4. Take Regular Breaks

Staying glued to the screens of your laptop can reduce your productivity and efficiency. Hence, taking regular breaks between handling your projects and the clients is essential. Even if you have to force yourself away from your work, make it a priority to take small breaks, when possible, even if it’s just to sit outside and enjoy a nice day.

5. Learn the ‘Art-of-Delegation’

Saying ‘NO’ and knowing what work is better delegated is an integral part of self-care. We often have set parameters and expectations of how a certain thing should be. But the more you allow yourself to be open to results instead of the process, the more you bring to the table.

Self-care is a subjective term. It does not have a fixed definition. It is rather a very vast term that keeps on evolving constantly. For some it might be taking a spa treatment, while for someone it could be reading a book or taking a nature walk.

However, in a broader spectrum self-care can include any action that helps a person refocus, rest and recharge. Activities such as yoga, meditation, athletics, artistic pursuits and even time out with friends could be included under the self-care banner. Building and scaling a business is a formidable challenge. Those well-rested, well-nourished and focused on the importance of wellness are well suited to face the challenges head-on.

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: https://www.badabusiness.com/BCP-Event/?pp_code=BHBB000078&ref_code=SM

Categories
Motivational

Boost Your Confidence With These 5 Effective Public Speaking Tips

Boost Your Confidence With These 5 Effective Public Speaking Tips
Boost Your Confidence With These 5 Effective Public Speaking Tips

Summary: Does speaking in front of people give you nightmares? Here are five ways in which you can tackle your fear of public speaking.

The fear of public speaking is a common social phobia that affects approximately 25% of the global population. This makes it extremely difficult for entrepreneurs and small business owners who are looking to widen their prospects by bringing in a new line of products and services.

Though there are many business coaching programs on public speaking, learning from a business motivational speaker will speed up your progress, if you are willing to learn. Whether you are a student, a young entrepreneur seeking investors, a small business owner looking for customers or a CEO of a Multinational Company, public speaking is a way for you to make yourself accessible to your respective target audiences. It not only helps to create a bond but also shapes company culture.

Here are five ways that will immediately improve your public speaking skills:

1. No Introduction Please!

This might come as a surprise to many as our first point simply goes against the rule book of many online business programs. However, there is a logic behind it. Would you like a speaker on the panel to thank the organizers and share information about himself that you already know? Definitely not! You must have received an introduction about the speaker and all the related information through mail.

So instead of repeating the same information, you can start by beginning with a compelling or funny story. Make your audience laugh and create an experience that’s worth the audience’s time and attention.

To get easy techniques on public speaking skills, you can watch this amazing video by Dr. Vivek Bindra, the best business coach in India, here:

2. Hook Your Audience Fast

Our second point is about capturing your audience’s attention. Catching your audience’s attention in the first 30 seconds is an essential factor that people don’t often get right. Often many business motivational speakers jump straight to their presentation as they are too concerned about delivering all of the content in the time available. Start with a short and relevant anecdote that illustrates the idea you are presenting. Don’t forget to link it with a powerful call for action.

3. Minimize the use of PowerPoint

Would you rather want your audience to listen to you or furiously scribble notes? Permit the audience to listen, ask questions, and make eye contact without having to worry about retaining technical information. If you have a lot of data, plan to send it to the audience afterward.

If you have to use a PowerPoint presentation, follow the 10/20/30 rule. Your presentation should have 10 slides, last no longer than 20 minutes and the font should be at least 30-point. However, the best way to create a PowerPoint slide is the 6/6/6 rule. The best presentations are those with an opening and closing slide and six slides of content, no more than six bullet points on each slide, and no more than six words per bullet point.

4. Keep Your Audience Engaged by Asking Questions

Many business motivation speakers talk for 30-45 minutes and leave the end for questions. But, this can make your audience zone out from the ongoing session in which you might be sharing relevant information with them. Plan for questions throughout your speech and take breaks to prompt questions. This allows you to read the audience, and if you’re losing them, pull them back with an engaging question.

This strategy also creates an opportunity to learn from the audience and use their insights to make the speech even more compelling.

5. Rehearse, Rehearse, Rehearse

Well, speaking in front of a large audience can surely give you nightmares, if you are not comfortable. This is why rehearsals are paramount. Rehearsing is a full-body experience of visualizing the audience and considering your verbal and nonverbal communication—body language, tone, physical position on the stage, inflection, and how you’ll make eye contact with the people sitting to listen to you.

Make notes and use them for run-throughs. Try to reduce your dependence on the notes by practicing more. Finally, rehearse in front of a mirror. Notice your body language, facial expressions, and hand gestures to evaluate whether they align with the information you are representing.

And last, but not the least, leave something valuable behind. You can also ask your audience to sign up for your email newsletter. Try these five ways we have mentioned above, and see yourself improving at public speaking.

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 this program, visit: https://www.badabusiness.com/BCP-Event/?pp_code=BHBB000078&ref_code=SM

Categories
Startup

5 Indian Startups To Join The Elite Unicorn Club In 2022

5 Indian Startups To Join The Elite Unicorn Club In 2022
5 Indian Startups To Join The Elite Unicorn Club In 2022

Summary: Seven months into 2022 and India has already added 19 new unicorns.

While 2021 was a blockbuster year for unicorns, the year 2022 has started just on the right track. Just seven months into the year, India has seen 19 startups that have entered the elite unicorn club. The total count of Indian tech startups to enter the unicorn club stands at 105.

Let’s take a look at the number of startups that have made it to the club:

1. FRACTAL

Founded in 2000 by a five-member team, Fractal is an AI and advanced solutions startup. The core team of Fractal is an IIM Ahmedabad alumni- Pranay Agrawal and Srikanth Velamakanni along with Nirmal Palaparthi, Pradeep Suryanarayan, and Ramakrishna Reddy.

Its latest round of funding made it the first entrant into the unicorn club in 2022. Fractal has raised a total of $685 Mn funding  over 5 rounds. The Private Equity round saw $360 Mn raised from TPG Capital Asia and secondary share purchases from funds advised by Apax Partners.

This startup of India has also raised $100 Mn from the Malaysian sovereign fund Khazanah in 2016. The 21-year-old startup provides artificial intelligence and advanced analytics solutions to Fortune 500 companies. Fractal Analytics is among a handful of companies that have taken over two decades to enter the unicorn club.

2. LEAD

By raising $ 100 Mn in a round led by WestBridge Capital and GSV, LEAD School has raised a total of $166 Mn in funding over 5 rounds. Founded by Sumeet Mehta and Smita Deorah in 2012, this Mumbai-based startup was the first Ed-tech startup to enter the Indian unicorn club in 2022.

In 2021, edtech startups raised over $4.7 Bn to emerge as the third-most funded Indian startup sector 2021, with only eCommerce ($10.7 Bn) and fintech sectors ($8 Bn) attracting more investment.

This edtech startup of India enables schools to combine technology, curriculum, and pedagogy into an integrated teaching and learning system. It is the country’s sixth edtech unicorn after BYJU’s, Unacademy, Eruditas, UpGrad, and Vedantu. LEAD claims to have more than 5,000 schools from across 500 Indian cities on board, serving more than 2 Mn students across the country.

3. DEALSHARE

2022 saw this Bengaluru-based startup Dealshare entering the unicorn club at a valuation of $1.62 Bn. The Bengaluru-based social commerce startup raised $165 Mn in a Series E funding round. The round saw participation from existing investors, Tiger Global and Alpha Wave Incubation, alongside new investors, Kora Investment, DF International Partners, and Twenty Nine Capital Partners. The segment’s biggest milestone last year was Meesho’s entry into the unicorn club.

DealShare was founded by Vineet Rao, Sourjyendu Medda, Sankar Bora, and Rajat Shikhar in September 2018. Targeting the middle-class population, enables first-time internet users to shop online. The startup’s gross revenue has increased by 10X over the last year with an ARR of $750 Mn for FY22. It sells grocery and household essential products through social media and messenger platforms like WhatsApp.

4. LIVSPACE

With its series F round, Livspace became the sixth unicorn of the year. The Bengaluru-based startup raised $180 Mn from American investment giant KKR & Co, Jungle Ventures, Swedish retail giant Ikea, Venturi Partners, and Peugeot Investments.

Founded by Anuj Shrivastav and Ramkant Sharma in 2014, Livspace is a home renovation and interior platform. It provides an end-to-end home design experience. The startup’s online marketplace also offers software tools that can help designers and homeowners design interiors. Livspace has raised close to $450 Mn across 10 funding rounds. It has raised $90 Mn in a series D round, led by Switzerland-based investment firm Kharis Capital and consumer space-focused Venturi Partners.

5. XPRESSBEES

With its Series F funding round led by private equity funds Blackstone Growth, ChrysCapital, and TPG Growth; the Pune-based startup Xpressbees is the latest entrant to the Indian unicorn club of 2022. The round also saw participation from existing investors Investcorp and Norwest Venture Partners, thus helping the startup’s valuation soar close to $1.2 Bn. With this investment, Xpressbees total funding has touched $500 Mn.

Every successful business was once just an idea. It is determination, persistence, passion, and grit that turn imagination into a reality. If you too have a business idea, don’t hold yourself back! Work towards it with professional guidance from the experts.

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 exclusive Foundation courses, specialized courses, and value-added courses. Join our Business Coaching Program that will help you to gain deep insights into the business world. To know more, visit: https://www.badabusiness.com/BCP-Event/?pp_code=BHBB000078&ref_code=SM

Categories
Process & Business Expansion

5 Management Tips That Will Make Entrepreneurs Highly Productive!

5 Management Tips That Will Make Entrepreneurs Highly Productive!
5 Management Tips That Will Make Entrepreneurs Highly Productive!

Entrepreneurship is a state of mind that demands many personal and professional traits. Scaling a business is an intellectual exercise that involves networking, planning, research, marketing, sales, business strategy, and several related activities.

As a result, entrepreneurs have to juggle multiple tasks like attending events, meeting investors, taking care of business operations, hopping on calls and being extra careful with every decision for their business endeavor. All this can lead to a critical state of burnout- a situation of complete mental and physical exhaustion.

Experienced freelancers, business coaches, entrepreneurs, and successful business owners manage to finish their tasks on time because of their perfect time management skills. Time management techniques and strategies help them to prioritize their important tasks on a daily basis.

Time management is a process of organizing; planning and strategically controlling the time you spend on specific tasks. When done effectively, it enables you to get more work done in less time.

Here are the top 5 time management tips for entrepreneurs to increase their peak performance and productivity:

1. Find Your Golden Time

Are you an early bird, a night owl, or somewhere in between? Do you know during what time of the day you feel you are most productive? Time management is not just about managing 24 hours a day. It is also about understanding how and when you function best. You can schedule your most important tasks according to your productive window of time and set up your day in harmony.

2. Use Covey Time Management Matrix

Created by the author of The Seven Habits of Highly Effective People- Steven Covey, this time management model is quite effective and used by many business coaches across the world. This model is based on four simple quadrants:

  1.   Urgent and important tasks
  2.   Not urgent, but important tasks
  3.   Urgent but no important tasks
  4.   Not urgent and not important tasks

Divide all your tasks into the above-mentioned four quadrants. Manage things in quadrant one first, followed by the second, third, and so on. Prioritizing your tasks this way can be extremely helpful if you are juggling multiple things at the same time. You can also watch some of the best time management techniques, right here:

3. Plan Your Days or Weeks in Advance

Planning out your days for the week ahead is a brilliant way to organize your time efficiently. You can keep a diary or use a calendar app and write down the tasks with high priority. You can start with tasks that have upcoming deadlines, followed by less urgent tasks. Also, don’t forget to squeeze in your breaks and buffers to keep you focused and refreshed.

4. Focus on One Thing!

If there is one myth that needs to be busted across the globe, it has to be the concept of MULTITASKING. Yes! A human brain can only handle doing one thing at a time. So, if you try to do more than one thing, you will end up constantly switching your focus and taking even more time to complete both tasks.

Hence, focus your attention on one task at a time and stay on course till you finish it. Once it is finished you can move on to the next task.

5. Remove Distractions

Many times we start doing one task and our phone beeps! Instead of ignoring it, most of us check the screen and then forget about the task that we were doing. Even if a deadline is looming, we would try hard to finish one task, but it just does not happen.

So the first step that you should take towards managing your time efficiently is to remove distractions. Figure out what distracts you the most. Is it employees chattering around you or the notifications coming on your phone? Once you find out your triggers, you can take action to eradicate them.

From turning your internet off to putting your phone on airplane mode, chances are that you already know how to help yourself drown out background noise to focus on only what is important.

Also, don`t forget to take a rest even when you have countless things to do. It is very easy to let your business take over your entire life, but you also need to take care of yourself. If you let your physical and mental health slide, you won’t be able to perform your best.

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 these courses, visit: www.badabusiness.com

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Motivational

Top 4 Mindset Milestones Every Entrepreneur Should Reach For Success!

How entrepreneurs can attain the perfect mindset for business
How entrepreneurs can attain the perfect mindset for business

Summary: Having a proper business mindset is required for starting any venture. But what exactly is a “proper business mindset?” Find out in this article.

We all have heard about the expression that your thoughts greatly shape you as the individual you are in the current moment. Our thoughts have a great impact on our personality and our life.

If you listen to or follow any business coach for entrepreneurs, you must have come across a common recommendation for developing a proper business mindset. Many successful leaders often emphasize the importance of the right mindset and how developing it can be beneficial for personal and professional growth.

But, what exactly is a “proper business mindset?”

In simple words, it represents a certain way of thinking that implements various growth strategies, people skills, and approaches to challenges and situations that together help you move forward with your initial plan. It not only helps in professional situations but also in personal life. So, it’s only natural to implement a success-oriented mindset into the field of entrepreneurship.

Here are the top four mindset milestones for entrepreneurs that will make the whole journey far more successful, wise, and even a bit fun:

1. Quit the Mindset that You Will Make it the First time

Many entrepreneurs often expect success out of their business ideas. Having trust in your ideas and confidence in your caliber is something that is an essential entrepreneurial trait. However, if you do not look at the failures along the journey as a normal process, then they can hit you hard if it happens.

This may lead to discouragement, discontent, and a decrease in your self-confidence, and recovering from that one will be quite challenging. Ask any business coach and he or she will suggest that instead of expecting success on the first try, keep your mind open and be ready for any type of scenario. Always, remember to view failures as an incredible source of learning mistakes.

2. Hire a Team of Professionals

As your business will start evolving, you would certainly need support. That’s when the hiring process takes place. Many young entrepreneurs often lack the confidence to hire professionals. So, they end up hiring less experienced people with doubtful work ethics. Recruiting the wrong talent can prove to be detrimental to your business in its early stages. So, always ensure that you hire the right people for the right job.

3. Invest, Invest, Invest

Starting a startup is like investing for a lifetime. If you thought that the initial investment is the only investment that would need to be made, you are greatly mistaken. Maybe your business will become a hit with your target audience and your revenue will start growing. But, before booking yourself an exotic international destination, stop for a second. A business is like a child. It will require constant investment, funds, energy, and time. Accept the fact that you need to reinvest a huge portion of your profit back into the business.

4. Adhere to Business Fundamentals, but Stay Open to New Approaches  

The business world can be incredibly dynamic with lots of trends and distinct approaches. Staying abreast with the new and familiar with the old-school business techniques is crucial for any business to stay relevant in this ever-changing world. We all may have certain preferred methods of work but we should also pay attention to new organizational trends, and be flexible and ready to embrace changes.

There are various business leaders to whom a business mindset comes naturally. However, the majority of us will probably need to further educate ourselves on the best practices and try to implement them in our growth strategies for our business. Having a startup business has many bright sides and it constantly keeps on teaching you how to rise to the next level of growth and self-development.

So, with these simple ways, you can start working upon yourself to develop a proper mindset for your business. You can also follow Dr. Vivek Bindra- the best motivational speaker in India to get business tips for your startup.

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 business courses, visit: www.badabusiness.com

Categories
Business motivation Startup

7 Low-Cost Business Ideas You Can Start From Home Today!

7 Low-Cost Business Ideas You Can Start From Home Today!
7 Low-Cost Business Ideas You Can Start From Home Today!

Summary: Start a home-based business with minimum funding. Here are 7 business ideas.

Are you looking to launch your own business, but don’t know where to start? Just relax. You are not alone. Today, many people want to start a business on their own, and for good reasons. On an average, people have two-three careers during their work-life. Also, with the great resignation in full swing, many are looking to become their boss or small business owner by turning their startup business idea into a reality.

If you want to become your own boss, then we have good news! Starting a home-based business is super easy and without risk. You can start it with zero to minimum investment and determination to be successful. Here is a list of seven startup business ideas that you can start right from home:

1. Accountant

Apart from the qualification, little experience, training, or licensing may be needed. Before starting you need to list out what are the services you are willing to offer. Do you simply want to do bookkeeping for small businesses or do you want to be more involved with services like maintaining balance sheets, income statements, or financial reports on a monthly, quarterly, or annual basis?

To start and grow your business, you can listen to the best motivational speaker Dr. Vivek Bindra here;

2. Business Plan Service

Think you are good at creating excellent business plans that constitute scaling? Well, then you can offer a soup-to-nuts business plan to various entrepreneurs who are looking to develop a business plan for their startups. Plan your fee around that one main factor that the client will want and offer others as add-on services. You can either give your clients an e-file or you can keep the business plan on file and offer to customise it whenever necessary. Prepare some samples to show your clients as well.

3. Party Planner for Children

From children to adults, everybody likes to party and celebrate their special moments uniquely. The children’s birthday party has become a million-dollar company as millennial parents don’t shy away from spending when it comes to making their children’s birthday special. If you listen to Dr. Vivek Bindra- the best motivational speaker in India & business coach to various large organisations and corporate sectors you will gain in-depth knowledge about starting your own business from the scratch.

4. Consultant

To become a consultant, you need to have expertise in something. Market yourself as an advisor to people who are looking to work in that area. For instance, if you have a good knowledge of digital marketing, you can become a consultant to a business that is looking to establish its presence online. With the expertise and experience that you have gained throughout the years, you can help others do similar things without repeating the same mistakes that you made along the way.

5. Editorial Services

If you have a knack for writing and editing, you can provide freelancing writing and editorial services right from your home. All you need to have is a good internet connection and a working laptop. Here is a list of services that you can offer to your clients:

a). Copyeditor- From checking facts to fixing grammatical, stylistic, and typographical errors, copyediting involves everything.

b). Proofreading- The last stop when a writing piece is finished. A proofreader ensures that all the changes have been implemented and no new errors are created in the process.

c). Ghost Writing- You can offer your services as a ghostwriter in which you will have to conduct all the research and write the book. However, someone else’s name would be attached to it as the author.

d). Copywriting- As a copywriter you will produce copies or taglines that promote a product or a service.

6. Event Planning

Love planning things out for your friends and family? You can become an event planner. One of the first things you are required to do is to visit the client’s location. Tour each site and learn what is available at each location that you can use to create an unforgettable event. You can speak to the client once you start planning things out to understand their expectations and requirements along with the key parameters that you need to work upon.

7. Interior Decorator

If you have done a professional course in interior designing then you can pursue your interest by looking for clients in your network. But if you have a natural talent to give even the smallest space an amazing makeover, you can start your business right from the comfort of your home. To get clients, you can market your services to building contractors. People purchasing new homes often find the process of decorating and organising overwhelming. So, you can take away their worries by offering your expert advice on decorating their interiors.

We are living in a world where people want to be their own boss and starting a startup business is the best way! So, why not try the business ideas that we have mentioned above? They are easy, risk-free, and require minimum investment. Which business idea do you like the most? Let us know in the comment section.

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, specialised courses, and value-added courses.

To know more, visit:  www.badabusiness.com