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8 Reasons Why Your Business Needs Social Media Marketing

The Power Of Social Media

Social Media has become a phenomenon, unlike anything that we have witnessed in the Digital Age. It is no longer an infatuation that consisted of posting some geeky old pictures or some weird video content. Rather than that, it has become a full-fledged medium of employment. Social Media Marketing for Business has become a complete and mature business model for many of the organizations worldwide. Be it small or big; it has evolved to reach a more comprehensive set of audience in a limited period.

Social Media Marketing For Business

Techniques like SMO, Facebook marketing, Twitter Marketing, etc. has become the latest fad in the Social Media marketing for business, and we would be looking at some of the reasons as to why it is needed.

Social Media helps drive traffic-driving targeted traffic to your website is essential to understand whether it is as per the needs and wants of your clients. Social media marketing for business helps a vital portion of your clients and leads to include themselves on social media. Reason being that every organization has their social media account, and with every new update companies can relay them to the clients.

This will only drive targeted traffic to your website and not the generalized traffic, but you as a client would be surprised by the results that you can get.

Increasing the website’s SEO

There is increased usage of search engine crawlers when you use social media marketing for business, particularly SEO. Techniques like Instagram marketing and LinkedIn Marketing, thereby helps in expanding the site’s SEO tenfold. It enables you to connect with the professional crowd, which also includes notable industry leaders in your domain. Having a hard-hitting content is not enough, which is why you should have a great social media marketing strategy as well that would be good for business.

It helps you to understand the crowd.

Social Media Marketing for business acts as a useful tool for you to develop your client base for lead generation. You can understand your crowd by reading their posts, tweets, and social media updates and so on. This helps in getting you the target audience where you can focus. You will have a generalized idea as to what they buy, which you can then incorporate into your website to gain their trust.

Helps you build a relationship with the audience

Since you know what your audience needs concerning the product that you have, it is past time that you have an interaction with them. Because companies would see Facebook, Instagram and Twitter as marketing channels, but consumers look to it as a social media platform for networking.

Therefore, clients can network their way into the minds of their clients and build better relationships with them. The power of Social Media Advertising is the one to look out for as the years progress.

Social Media allows increased visibility on Google.

Marketing your website credibly will increase the site’s presence on many of the browsers like Google, Yahoo, Bing, etc. Social media marketing for business will thereby improve your website’s rankings and thus enables your clients to click on any of your pages. It also gives an increased site exposure, which in turn boosts rankings and gives you traffic.

Increased sales conversion rates

Since companies can connect and attract more clients using social media marketing for business, they can, in turn, have an elevated amount of conversions as well. Your website and a perfect marketing strategy give your site a face which makes it an ethical. This is again important for effective conversion rate as well.

Creates brand loyalty

If an organization has an active social media presence, then that creates brand loyalty which is trusted by the customers. You engage your customers, build connections with them, and also provide vital information about the brand as well. This helps in creating a reputation and brand value as well.

Transforming your marketing strategies

Social media marketing for business is a way to transform your marketing strategy for the betterment of the organization and the clients as well. Companies need to be aware of all the different amount of media marketing tactics which would help them stay ahead in the game.

Digital Age has ushered in a new age of revolution in terms of social media marketing for business. Apart from a slew of advantages that it offers, organizations also need to aware that trends change, and with it, the strategies also need to change.

Staying one step ahead of the competition is the name of the game when it comes to social media marketing. It is a domain that is ever-changing and evolving day by day, which will benefit the organizations every time they step foot in it.

Windows 11 release date, Beta requirement and all the new features

Window 11 is already paving on its path and ready to get unlocked to us on 5^th October 2021. A free upgrade of our existing windows 10 PC’s will be available along with the purchase of new PC’s having preloaded version of windows 11.

Sounds exciting!! Let us now discuss some of the requirement for installation-

System needs to have TPM 2.0 (trusted point module).
CPU equal or faster then 1 GigaHertz, system on chip, 2 or more cores compatible 64 bits.
Ram requirement is 4GB.
Storage should be more than 64 GB.
System firmware with UEFI or secure boot capable.
Graphics card which is compatible with DirectX 12 or on a later part with WDDM 2.0 driver.
720p HD display or more, 9 “ diagonally and 8 bits should be there per colour channel.
Internet connect connectivity is the utmost criteria to set up the device to start using.

New Features of Windows 11

Remodelling of start menu helps to bring together the content at the centre, Microsoft Office 365 will show your recent files irrespective of which device it is used on.
Multitasking will be at ease with snap layout, snap group and desktops extra optimising real estate of the screen.
Powered by AI, widgets will help you to access the features and information with ease and speed.
Gamers will be able to enjoy in more potentiality ever experienced in windows with technical like Direct 12 ultimate, Auto HDR and Direct storage. Access will be open to high quality PC games with Xbox (sold separately).
Windows 11 will open the access to more apps, games and movies.
It has designed version specially for the efficient use of the people with disabilities.
It will easy hybrid work which will help IT for the deployment and management of work. Improved experiences of touch voice input and digital pen has bought into pictures.
It is opening door for independent software and developers and vendors to bring the latest design of apps to the store.

Though it will obstruct Microsoft decision to lock the taskbar and users are prevented from dropping the files or shortcut here. But this is quite negligible comparing with all the convenient features which is bringing Microsoft world to us in a wider range.

Secret success theory of Startups

Nothing is better than working for yourself. When you are working on what you love and getting rewarded, the satisfaction it gives is tremendous. The startup is a newly started company with two or three entrepreneurs. In the innovation system and economies worldwide, startups have become an essential element. It is imperative to analyze what steps to be taken to make a startup successful and how to succeed?

Most startups become successful if they take care of product-market fit. Product-market fit is a degree of understanding that the product has a strong demand in the market. To succeed as a startup, most of them have to fail several times. To fight against all these failures, the startups begin to jump from one idea to another.

There are many examples around the world that developed their startups to great success. An example from a real-time world comes to my mind; two youths who Yahoo and Facebook rejected have created a successful company WhatsApp, which is widely used worldwide.

Great startup ideas

A tricky task is coming up with good startup ideas. The ideas listed below are your ideas to develop your mind to think about what brings more profit to your business.

Manufacture a product that is 100% original. You can develop an idea from an existing idea; for example, gaming applications are created under three criteria, .i.e. platform, core mechanics, and theme. Change either one of the criteria and come with a new idea.
You can take the idea from the technical shifts for the past six months and create an application that solves the problem.
Take an idea so that it doesn’t look like a new idea in the beginning. Such statements have lee market compared to other applications. So these ideas have more chances of taking a powerful amount of share in the market.
Great companies like Facebook, Instagram, slack will have a problem. Find that problem and start solving it while thinking about how this application will create new opportunities.

How to develop a successful startup?

Starting your own business is a challenging task. First, you have to start building your online reputation; increase your sales, literature review, know about the knowledgeable actors in the ecosystem, and complete data analysis.

It has many parameters to be taken care of before starting a business. There are eight predictors on startup success,

University ranking
Number of founders
Time dedication
Team size
Data orientation
Pivoting
Societal relevance
Employee incentives

Based on these eight predictors, three models are built that bring the business total funding, employees, and revenue growth.

First model

The five factors that give rise to the total funding of your business are University ranking, time dedication, team size, societal relevance, and employee incentives.

Second model

The four factors that a business has over ten employees must depend on the number of founders, data orientation, pivoting, and employee incentives.

Third model

The two fundamental factors that a business has significant annual growth must depend on time dedication and employee incentives.

We have listed the three main strategies below to overcome the failures that a business faces.

Be confident

Don’t ever think that you have failed as a person; the rejected ones are your ideas and business. Overcome that failure, start thinking of new ideas.

Ignore negativity

Better avoid people who spread negativity and de-motivate you. Talk with the people who have faced failures and have overcome their shortcomings.

Master plan

The best way to overcome failure is to correct your mistakes and develop a plan better than your current failure.

6 Ways to Burn Fat When You Sleep

Weight loss is a primary concern for a large percentage of the population all over the world. One of the major factors that contribute to weight gain is the accumulation of fat in the body. This fat accumulates slowly but gradually and before people know it, there are fat pockets and areas of the body that have an excessive amount of fat.

Fat can collect in various areas of the body, including face, breast, stomach, arms, thighs, buttocks and can also enlarge the waistline. Burning fat is essential to stay in shape and also be energetic in daily life. There are various ways like a healthy diet and exercise that help burn fat which is used by people facing this problem. However, once excessive fat accumulates it is extremely difficult to get rid of it.

It needs a holistic approach in which fat burning becomes a top priority twenty-four hours a day for a long period of time. Weight loss is a gradual process that can take months or even years. Burning fat as mentioned above is a gradual and continuous process. There are ways in which fat can be burned even during sleep. This means that instead of gaining fat during sleep there are ways to actually lose fat while sleeping. This helps in burning fat in a faster way as the body works to reduce fat even while sleeping. The following are some of the ways in which fat is reduced and gradually burned by the body while sleeping:

Have a Protein Shake before Going to Bed

There are many types of protein shakes available in the market. Protein shakes can also be made at home as there are many recipes of protein shakes available online. These shakes usually include whey, casein, soy protein and other natural forms of proteins found in grains, milk products, and vegetables. Having a protein shake before bed helps to keep the metabolism active throughout the night and this in turn helps burn fat while sleeping.

Eat Cottage Cheese before Sleeping

Generally speaking, the rule is to avoid food a few hours before going to bed. The principle behind this is it is not digested before morning that leads to accumulation of fat. Eating cottage cheese is an exception to this rule. Eating a little bit of cottage cheese before going to bed, as a snack, helps in burning fat during sleep. Cottage cheese has casein protein which aides in burning fat. It also has amino acid tryptophan which improves the quality of sleep and relaxed sleep helps in burning fat.

No Carbs after Lunch

For burning fat at night during sleep, it is essential to maintain a diet which helps in this process. For burning fat at night people should consume all the carbs in their diet during the day or in the afternoon. Having carbohydrates during the day reduces the insulin hormone in the blood while going to bed at night. This helps metabolized fat in the body into energy while sleeping at night.

Stay Hydrated

Most fitness experts usually recommend their clients to drink at least eight cups of water a day. Drinking this quota of water increases the chances of calorie and fat burning during sleep. Water is a natural suppressant of appetite, helps in metabolism and is a necessary ingredient in burning fat. Moreover, ice-cold water burns more calories as these calories are required to heat up the body that is cooled by the ice cold water.

Include Spices and Nuts in Your Diet

There are many types of food products that improve sleep and help in the fat burning process during sleep. Various types of nuts like almonds and walnuts increase the melatonin of the body which improves sleep and improves the fat burning process during sleep. Another way to burn fat during sleep is to include spices like cayenne pepper in the diet. These type of spices aide in fat burning and also help in burning fat during sleep.

Exercise before Bed

Resistance training is a type of exercise which uses weights and resistance bands which improve the muscle strength over the long run. Pre-bedtime workout helps increase the metabolic rate of the body. This helps people burn fat during sleep as metabolic rate is high for a few hours immediately after a workout. Exercise also tires the body before sleep which helps people get a more sound and relaxed sleep. Relaxed sleep is essential for losing weight and burning fat while sleeping.

As mentioned above, there are various ways in which fat can be burnt while sleeping. Burning fat and losing weight is a process that people with excessive fat accumulation need to think about constantly in their lives. This fat can lead to lethargy and many health problems. Fighting the fat and burning it even during sleep shows a commitment towards a healthier lifestyle.

7 Common Credit Card Mistakes People Make & Then Regret Later!

There are many types of modes of payment available in the market all over the world today. This includes cash, credit cards, debit cards, e-payment, net banking, and payment apps. Credit cards are commonly used all over the world and millions of people make monthly payments through credit cards. A credit card is a card given by the bank that can be swiped at purchase points to make payment and the credit card bill has to be paid at the end of the month. The payments made through credit cards are done on a credit limit given to the customers by a bank. But while using a credit card we have to be a little careful and there are many mistakes that people make while using this mode of payment. Using a credit card is also about being able to protect the credit score, making payments and adopting smart credit card habits. People commit bad credit card mistakes and these mistakes can be easily avoided as people can have a healthy relationship with their bank and their credit cards. The following are some of the common credit card mistakes all over the world:

Late Payment of Bills

It is very important to pay all the credit card bills on time. Failing to pay a credit card bill or paying the credit card bill late negatively affects the credit score which is an important parameter that determines the interest rate and the credit limit on credit cards. Also, late payments increase the interest on the payments as people have to spent more money on their credit cards.

Not Changing Credit Card Terms

Most people have not read the fine print about the terms and conditions of their credit cards. Many people do not know that they can change the terms of credit cards with the bank. Negotiating lower interest rates and annual fees and also changing the terms of this agreement is possible.

Not Knowing the Credit Score

The credit score is very important in determining the credit limit and the interest rates that are available for any given customers. Most people get credit cards without knowing their credit. They later regret this when they get their credit card bill and they have been charged a high-interest rate because of their low credit score.

Not Reporting the Credit Card being Stolen or Lost

It is very important to report to the police and to the bank about the lost or stolen credit card. That card may be used and if the credit card company is not told to stop the card, the credit card owner may be charged with the bill.

Only Paying Minimum Balance Payment

Only paying the minimum balance on payments lets people pay only a small amount that is due to the credit card bills. However, the due payment keeps accumulating on the credit and the interest on accumulating payments also keeps increasing. This then leads to a large credit card debt that people regret later.

Spending More Money Than People Have

People do not realize the amount of money that they spend as credit cards are easy to use and actually paying cash for purchases makes people more cautious. Maxing out credit cards and then not being able to pay credit card bills is a common mistake that people regret.

Having Too Many Credit Cards

A common credit card mistake is not being able to keep track of the money spent on credit cards. First applying for too many cards at once increases the chance of reject from the credit card company and then using multiple cards makes people lose track of their spending which they regret later when the credit card bills arrive.

UNDERSTANDING THE HIGHER EDUCATION SYSTEM IN AUSTRALIA

Australia is a famous destination as the place of study abroad for those students, especially those in a search to take a certain degree overseas. The high-quality education system of Australia attracts International students to study in that country. And it’s a friendly atmosphere, multicultural society, and easy access to student support services constantly attract students. With more than twenty thousand courses and one thousand one hundred institutions, this country typically offers diverse study options for international students.

Are you in search of the Australian education system? Then without any delay, let’s find about it.

These institutions can be younger than some of the other universities of another country. You can also get some of the same facilities in terms of demand and quality.

In Australia, it is common for students to enrol themselves in the double program, which can successfully lead them to secure two bachelor degrees. It usually is expected in the field of commerce, law, science, and arts.

Vocational Training and education

Vocational education and training are based on the partnership between industry and governments. These qualifications are usually provided by government institutions and private institutions also. There are many vocational training courses you can find in business administration, information technology, art and media, transport and logistics and construction, tourism, and hospitality.

Higher Education quality assurance program

This country has the national quality and regulatory agency for the field of higher education- the TEQSA. An Australian government set it up for monitoring the quality and regulating the anniversary and non-university higher education providers against the best of standards development by an independent Higher Education standards panel.

Academic rules and cultures

Here students are constantly encouraged to attend the classes, and at the same time, it is mandatory to be a part of the lectures. It would be best if you matured to understand the main reason for attending that session. In practical and lab-based units, attendance is very much stringent. The Australian universities’ faculty members and teaching staff are very punctual and stick to every deadline. Usually, students are penalised if the submission deadlines are being missed.

Each student is equally encouraged to take active participation in the class, offer opinions and ask questions. Always active engagement is welcomed by the lectures and valued by every person rather than quiet and passive.

Lastly,

Another essential aspect you have to keep in mind is that Australian educational institutions will consider plagiarism a serious offence. Are you willing to know about the best study places in Australia? You can easily find various websites to check it out. And if you have some queries about the education loan, you should feel free to contact the provider, who is always available on the internet. You can easily access them on their websites. So why are you waiting? You can find more about the entire process of the Australian Education System by searching their prospective sites.

Why do Enterprise Agile transformation fail?

The recent trends have been in such a way that almost many technology-based entities and enterprises have been making a changeover, that could precisely be termed as ‘Agile enterprises.’ Every entrepreneur dream would be to make their enterprise strong, fast and rapid and much more flexible for their customers. It is obvious to expect such entrepreneurs to take the necessary steps for this. However, transformation of an entity into an agile enterprise requires not some but a lot of planning and decision making involved. There are a lot of chances for any enterprise to fail if this is not done rightly.

What is agile?

To give a short note about what agile transformation means, it is when the operational model of an enterprise is changed for getting the organisation fast moving, flexible in operations and quick responses to unexpected external or internal forces within the enterprise.

The most common reasons for failure of agile:

So, here in this article you would be reading about the most common reasons for the failure of such transformation of enterprises.

One of the most common reason observed in the market for the failure of such transformations would be when the existing culture doesn’t get in sync with the new expected functioning. This means that, while an enterprise may have a great vision, understanding the reality of the organization’s existing culture, how a drastic change would evoke reactions and how this would be affecting the way people work.
On that note, it is important for any enterprise to ensure every department or team’s co-operation in handling such a change. Every employee in the enterprise perform their work based on their salary, incentive, wages, etc. When such a change has a direct monetary act, the willingness of the employee to work further may definitely be affected.
While it is the need of the company to address the employees and teams on one hand, it is also very important to understand the need to address the executive managers and directors while bringing about an agile element in the enterprise. While implementing such changes in the basic organisation hierarchy and functional structure, the people of the company may acknowledge it, while not everyone may support it.
Sudden changes are hard to handle for everyone. So, when agile transformation is being planned for the enterprise, another common mistake every person fails to undertake is to go through earlier records of how the organisation has responded to previous changes and analyse this from every perspective like how the sales been affected, how have the employees been affected, how has the working pattern been affected, etc. Once, this is analysed, the way to approach in bringing about such transformation could be worked on.
Everyone in the field of IT would definitely be aware of the key principles of agile. When it comes to the implementation of these principles, one common element that almost everyone fails to bring in to practicality is measuring progress. As the data in the enterprise keeps flowing in, it is vital that steps are taken and required technical arrangements are made to analyse and evaluate the data. Such measurement, would depict the scenario of the impact of bringing in agile.
While all these internal reasons may lead to failure of such agile transformation, there is one crucial external reason that has to be taken into consideration. It is most likely that co-operation from the customer side may not be as expected every time. Not every customer’s demand is the same and to stay ahead of their expectation and demands defining a successfully agile transformed enterprise, is not an easy task and many enterprises fail to work this out.
With the various teams working on a product like coding, testing, analysis, etc., there are certain established ways of working within such teams. When a team completes their task, the other team begins their work. In the market, this is referred to, as the traditional methods of working. When agile is introduced and effective changes are implemented, the working pattern will be changing and not everyone may adapt to this system. Failure of focusing on such transition strategies is another important reason for the overall downfall of the agile.
Investment in training of the members by leaders in the organisation should mandatorily be done for better performance of the teams. Appropriate efforts should be taken with necessary strategies to tackle disputes. This is not done by every organisation and thus results in lack of knowledge and practical application of such knowledge in handling unforeseen changes.

With this being said, these are some of the most common and popular reasons for the failure of agile transformation of an enterprise. At the end, it lies in the hands of the leaders and entrepreneurs on how the enterprise functions as a whole in contributing to the objectives and goals envisioned by the entrepreneur.

Best Practices in Automation of Ecommerce

e-Commerce is a vast domain that literally spans a large footprint all around the world. We try to simplify our e-Commerce design every time so that things would go on smoothly and the processes can be carried out faster. But times have changed, and with it, the strategies have changed as well.

This is the age of automation, and e-Commerce has also benefitted from this immensely. Automation is carried out in increasing numbers and frequently so that it fosters a better association with the clients. It would also ensure that as the boss, you don’t have to do the same things repeatedly and all over again.

Some things can be automated and left it to the system for saving up time.

Best Practices in Automating Ecommerce

Let us take a comprehensive look at how some of these practices would help out your e-Commerce website in effectively managing things. Some of these steps are given below,

Have an E-mail Workflow ready with you.

It is important to make a first impression every time you set up a meeting or communication with new clients. You must ensure that you as a customer would be bound to cater to them at every step of the way. This is why you must have the facility of automated welcome emails, which is actually an important step concerning email marketing.

Having a complete email workflow for every step would help you keep in touch with your clients without missing an update. Be it welcome emails or at any other step in the workflow, it always helps.

Track up your High-Profile Clients

The one possible way to know whether your e-Commerce business is doing great or not would be the testimonials that you receive from the clients. It is essential that you always make the client feel special when they use your services since they provide you with the required capital.

You can place up some reward systems for the clients that are high up your list, the ones with whom you can take in a large sum guaranteed. Target these clients specifically, and accordingly invite them to the loyalty programs.

Contact your Infrequent Customers as well

This might come to you as a weird point but this is important as well. It is a great practice to contact the ones with whom you are in touch with frequently, but it is equally important that you contact the ones that are not. Engaging such customers positively is something that people rarely focus on which is not a great practice.

Try maintaining a good relationship with every one of your clients, and automation would help you in this case immensely.

Merchant Accounts & Merchant Processing

It is important for an e-Commerce business to employ the strategy of merchant processing and possessing merchant accounts. Merchant account basically means that the e-Commerce companies will have tie-ups with the credit card companies thereby allowing a process called merchant processing.

It ensures that the merchant in question accepts the payments done by a credit card. The inclusion of automation will also ensure that online transactions be carried out swiftly, all thanks to merchant processing.

Focus on Customer Engagement

Whilst creating your automation workflows for your e-Commerce company, you also need to figure whether your customers would fit into this or not. Many companies fail to comprehend this fact and this can lead to serious disasters in a manner of speaking.

You can engage your customers for product reviews, suggestions related to some contents, providing some hot information on upcoming product launches, etc.

Conclusion

Automation is the next best thing in e-Commerce and it can help so many companies out there get through all the mundane stuff in a snap. But even that requires a lot of strategizing and a lot of planning to make sure that the workflow is top-notch and on par with your competition.

TOP 6 STOCKS TO INVEST IN ANY TIME

The global COVID pandemic has shaken the earth for quite some time now. It has also shaken the stock market with volatility in it being so spontaneous to consumer sentiments. The month of July had seen quite some dips and ups in the stock market, but even with its fair share of heart-stopping moments, it managed to finish in gains. The market saw one of the worst one-day sell-offs since last October with the rise in Delta strain of the Covid-19. But despite all such factors, equities also ended in gains by the end of the month, S&P also made almost 2.3% gain by the end.

So, keeping all such factors in mind and the market being so volatile that it is operating at very high superfluous rates, below are the TOP 5 Stocks that one should buy every time.

Adobe INC.

This software company has been in the play for quite some years now. It recently announced the $300 million valuations, which have raised the value of the company. In 2021, it outperformed in the second quarter of every analyst’s expectations, thus sealing it as a top market performer. Recently, subscriptions of its softwares like Lightroom and Photoshop have helped the company in its $3.8 billion turnovers. On the other hand, the company derives the largest profit from its digital sector, contributing $2.8 billion of the total revenue. It has shown promising growth year after year and is surely one of the market’s best choices at the moment.

2. BJ’s wholesale warehouse Club Holdimngs Inc.

This stock has been continuously growing since the pandemic and has shown promising returns in this quarter especially. During the pandemic, most consumers were looking for affordable products in larger quantities which helped bulk retailers like BJ’s hold on the pandemic market. Other than that fact, it was trading at 5 times lesser price than its direct competitor Costco. This gave BJ’s an extra benefit. Also, BJ’s was pulling in P/E 18 times more than Costco, which was 41. This made BJs a favourable stock for many investors. The company has plans of expanding its business and is surely one of the best stocks to invest in 2021 at this point.

3. The Walt Disney Co.

Even though 2021 has not been the year for Disney, it still remains one of the safest long-term blue chips to invest in. The lacklustre performance of Disney this year is due to the parks, entertainment division, and cruise line completely shutting down. But with new hopes, the cruises have started operating again since August. However, the new future of COVID-19 with the Delta strain is a risk. But still, Disney+ has been garnering triple subscribers every quarter, with now more than 100 million subscribers. So with such interests in its streaming platforms, investors can surely reply on its OTT platform revenue if Delta strikes.

4. Facebook Inc.

The world has gone digitally rightly, with Facebook’s return of this quarter being almost 21%. The company is valued at a humongous $1 trillion. It still continues to evolve with AI technology integration and better search features. It stands in the market with three other constitutes of its- Facebook, Whatsapp, and Instagram. The CEO, Mark Zuckerberg even has been planning on adding e-commerce to Instagram with the intent to create what he calls ‘metaverse’ with the aim of people working, playing, and living together in a digital world.

5. SONOS Inc.

The idea behind the growth of this premium speaker company is that when so many people are working from home, they will surely like an AI connected to the home system. It has been rightly proven with the company’s growth year-over-year being 15% and 90% respectively.

6. Lowe’s Cos Inc.

Lowe is a simple home improvement business that has a very strongly built foundation. The company has almost 16 times more forward earnings than its direct competitor Home Depot. It has been raising its dividend payout for 25 years now and currently has an almost 1.7% payout, which is quite attractive. Also, Lowe bought back its own shares in the first fiscal quarter and paid a whopping $440 million in dividends. This surely makes Lowe an attractive long-term investment.

Final thoughts!

These are the best stocks which have been performing really well, keeping in mind the current market situation. The list is obviously not exhaustive, but these are surely some of the best bets. It must also be mentioned that anyone who decides to invest should do their own research as we hold no responsibility for deciding one’s own actions.

Common Traits of an Entrepreneur

Many people aspire to be independent company entrepreneurs. They see their company as very successful, enabling them to amass tremendous riches, exercise complete control over their time and work schedules, and enjoy the flexibility to come and go as they choose. If this were the case, then everyone would be a successful entrepreneur today! Unfortunately, for the majority of individuals, this is not the case. Being an entrepreneur may be very rewarding, but it is also backbreaking labor. Here is a list of some typical traits that an entrepreneurs person must have.

Vision

To be successful, entrepreneurs must have a clear vision of what they want their business to be and briefly explain the purpose, objectives, and market position of their company. They should be clear on the who, what, where, when, and why of their company (and explain it simply to others).

2. Passion

A successful entrepreneur is enthusiastic about their company. It is an exhausting job, and putting in long hours will be difficult if you do not like what you are doing at the moment. People that are passionate about their job understand what it is that motivates them to keep working toward their goals.

3. Tenacity

Entrepreneurs with tenacity persevere in the face of a difficult situation. They are not the kind to give up lightly. Their ability to accept rejection and their willingness to learn from their errors demonstrate that they are mature individuals. They are willing and able to change and adapt their strategy to be successful the next time around.

4. Willingness to put up long hours

It is more challenging to be an entrepreneur than it is to be an employee. Entrepreneurs who want to be successful must be prepared to put in the time and effort necessary, sometimes for little or no compensation at the start of their business. Successful entrepreneurs are well aware of the danger and hard work required to achieve their objectives.

5. Confidence

The confidence in themselves and their businesses that distinguishes successful entrepreneurs is essential. They must have faith in their abilities and their ideas. Everyone who wants to start their own business will experience rejection at some point, and the most successful entrepreneurs are the ones who dare to keep trying and bounce back after adversity.

6. Flexibility

Things do not always go according to plan. A successful entrepreneur can adapt to changing circumstances. They are ready to learn from their errors and to adapt and adjust when the situation demands it. They are open to receiving suggestions from others and experimenting with new methods.

7. Ability to sell

An entrepreneur must be confident in their ability to sell. It is still necessary for the leader to be skilled at networking and to market themselves and their company to lenders, clients, suppliers, and other members of the company’s employees.

8. Prudent with one’s finances

Successful entrepreneurs are also excellent money managers. They make intelligent investments in overhead and ensure that they constantly keep track of their money and manage their cash flow effectively.

9. Having the courage to ask for and accept assistance

The most successful entrepreneurs understand their limits, recognize that they cannot do everything alone, and are ready to delegate tasks to others. They are not afraid to seek assistance. When professional counsel is required, they seek it out and pay for it.

10. Resilience

Bumps on the road are inevitable for every company, no matter how successful it becomes. The ability to bounce back from a setback is essential for every successful business. They see failures as a chance to learn and develop from their experiences. They are aware that failing is an unavoidable aspect of the game.

11. Innovative

The ability to innovate is one of the most essential qualities of successful entrepreneurship. The entrepreneur searches for and seizes on market opportunities to grow their business.

He is the one who brings new goods and services into the market intending to meet customers’ requirements.

12. Someone willing to take risks

A certain amount of risk accompanies any new company venture. However, it is an exceptionally essential element in entrepreneurship since the entrepreneur is the one who is responsible for the entire risk of the company. To be successful in business, the entrepreneur must possess an adventurous and risk-taking mentality.

Conclusion

Starting and running your own company may be a wonderfully gratifying experience, but not everyone is made out for the role of entrepreneur. Be honest with yourself about whether or not you have what it takes to be successful in business before making the jump.