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What not to do when starting a startup

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Everyone who works for someone dreams of being an entrepreneur. It is good to work for someone and earn handsome money. But, it is better to work for oneself and make a great deal of money. This pops a question, why not everyone tries his hands on entrepreneurship?  Even if they did, why not everyone succeeds at it? As per a recent survey, only 21% of attempts at starting a startup make if through the first year. Of these, only 10% succeed. That means only 2.1% of startups actually make the name.

So, what is it that makes it so challenging? Is it the idea, is it the execution plan or is it the zeal to work with? No, not really any of these. It is just some simple mistakes that make the startups fail. Let us look at the mistakes that must be avoided at any cost if you want to start your own business.  This list is not specific to any kind of business.

  1. Don’t wait for the right idea. Just think of the right way to execute the idea
  2. Don’t compromise on quality. Many a times due to lack of funds, startups start to compromise on the quality, whether of the products they sell or the services they provide. This is simply not suggested. In an attempt to make new customers, you may end up losing the existing ones. To make your own loyal customer base, you must maintain the quality. E.g.: if you are providing a service like guitar lessons in Singapore, make sure that your classes start on time. You have hired the best of teachers and have the best of equipment in your possession.
  3. Don’t try to do everything on your own. However intelligent or competent you may be, you cannot be an expert at everything. You need to and you must take expert’s advice with respect to different facets of your business. E.g.: hire a legal expert for your company to take care of all the legal matters. Someone is a financial expert must be a part of your team so that if you ever get in to trouble in this respect, your company can be rescued.
  4. Don’t hang on to it for emotional reasons. Learn to recognize the early signs of failure. As soon as you see the earliest sign of failure, do not hesitate to consider diluting your ‘empire’. It is better to sell off early and save you some money to invest in another venture rather than holding on to the sinking ship and come out broke.

Look at the great video here that explains some intricacies.

How to Raise Money for Someone Who Needs It

Image result for fundraisingYou may want to raise funds for someone who is close to your heart or you are trying to raise funds for a charity or an organization that you believe can make a lot of difference with other people’s lives. The very first step is to make sure that you know what the cause is for. You cannot just create a fundraising event without knowing for whom it is for.

There is a possibility that you are trying to help a few people have their own home or you may be helping someone who would like to have a home that can serve as shelter to other people. It will not be as easy as knowing how the tdsr calculator work. People may not have enough funds to pay for the loan especially since they are going to use the loan to help other people without anything in return.

To raise money effectively, there are some things that you ought to remember:

  1. You first have to know the rules of your country regarding fundraising events. Do you need to get permits? Are there rules that you need to follow? You have to be aware of these things so that you will not be stopped in the middle of doing the fundraising.
  2. Know the people you are reaching out to for help. You may be raising money for the elderly. You need people who have the same views as you that the elderly should be given a chance to showcase their talents, still and to show that they are still productive members of the society.
  3. Research about the best events that will fit your audience and the cause that you are raising money for. Even though you can do some of the traditional fund raising events like doing bake sales and car wash, it is best that you will think of something creative because this can help people become more inspired to help. You can get some fundraising ideas from here.
  4. You can share details and information about the cause and the event that you are planning to raise money for through your social media accounts. This will help spread the word. You may be surprised with the number of people who are willing to help once they learn what the cause is for and what you are doing about it.

If you need more information on setting up a fundraising event, you may check this out:

During the event, do your best in order to raise money and whether or not you reach your target, the most important thing is that you made the initiative to help.

Gain Money By Teaching Music

Are you in between careers now and you do not know what to do? You have worked for a certain company for a few years but you woke up one day and realized that you are not passionate about it anymore. What do you think are you supposed to do? If you do not want to find a job yet that will require you to go and stay in the office from 8 – 5, you can think about your skills and how you can put these skills into good use.

One of the things that people are interested in doing now is to teach music. Becoming a private tutor is actually good because you would be paid per student and sometimes per hour. As long as you are skilled enough then you should not let the opportunity pass you by especially when you can still do it.

To give effective music lessons, you need to be a good teacher. How are you going to do that if you do not have any work experience in tutoring? Here are some things that you need to remember:

  1. Be Patient

You cannot expect that your students will immediately learn how to play any instrument unless they are naturally good at it. For most people who are learning musical instruments from the very first time, they usually play badly. You have to be patient because after some time, all of your hard work will pay off.

  1. Have communication skills.

Do you know the reason why some of your students are drawn towards you? This is because you have good communication skills and you are able to make them understand and listen to what you have to say. Be honest about how they play but encourage them so that they will be inspired to play better next time.

  1. Encourage your students to practice.

Do you know that when you encourage your students to practice and they are passionate about it, they will do it? They will try their best until such time when they can get your approval. You may also know immediately if your student practiced or not.

Do you think that you will become an effective teacher in teaching music? If you agree then go for it and do not hesitate. Find out more here:

Starting a Fundraiser for Building Properties

There are different reasons why you would like to start a fundraiser. One of these reasons may be to create your very own property that can be used by various people. You may want to have a fundraiser in order to set up houses for those who are in need. Perhaps you would like to build study centers similar to LOB Math Tuition Centre so that there are children who will be properly guided in doing math.

Raising funds used to be very difficult probably because people would have to go door to door in order to get money in order to build the properties. Another option that people had in the past was to sell items that they no longer need and all the money that they will get will be donated to charity. Get to learn more about fundraising events here:

The power of the Internet has changed things tremendously. If before, people would have to rely on word of mouth just to make people gain an interest in what they are offering, right now, the Internet can be used in order to let people know about your plans. You will be amazed with the number of people who are interested in helping especially if they also support your cause.

Create an Online Fundraising Page

There are some online fundraising sites that will allow you to create a page that will prompt people to donate. The money can go straight to your account so that you can use it to do your plans. There are also some social media sites that are available wherein you can also create the page that you need. The more friends or followers that you have, the more people who will be aware of your plans.

Be Detailed

Make sure that you will place all the details that people would like to know about the fundraising event. Do you honestly think that they will trust you if you would only give simple and very generic information about your plans. People are still wary of people who create pages for donation because some are using it to take advantage of other people’s sympathy and empathy.

Show Progress

If people would follow the page that you have created for the fundraising, you also have to update those who have donated regarding what has happened with your project so far. You do not need to be a math tutor Singapore to know exactly what you need to place on the page that you have created. Just place the information that you need.

Remember that there are different fundraising issues that are available at present time that can change the way that you can help people. Be clear about your intentions and there are a lot of people who will be more than willing to help you.

The Better Way To Do Online Fundraising

The world that we live in right now highly relies on things that are digital. This explains why even simple things like shopping can already be done online. Over the past years, the possibility of doing online fundraising has started to become more popular. This allows people to create fundraising events for things that they find important.

There are a lot of of online sites that will allow online fundraising. Most of the time, the following steps have to be done for a fundraising event to be registered on the website.

  1. Create an account with the online fundraising site.
  2. Create a page wherein the reason for the fundraising will be added.
  3. Place the payment details so that people can donate.

It seems easy right? While it may be easy to do, there are some fundraising events that do not get noticed mainly because there are so many that are available. If you would like to become noticed, you would have to rely on professional marketing agency to help you out. Just imagine how helpful this is going to be for you.

There will be times when you will be required to make clubs or at times, you will be required to have something substantial before you can create a fundraising account but expect that those who will give donations will expect to see progress. For instance, if the fundraising account that you have created is for someone with sickness, you have to make sure that you will show how the person has progressed because of the donations.

It can also be hard for people to trust everything that they see online. Some people create fundraising events in order to fund their own pockets. They create fake scenarios and get pictures of people that they do not even know just to have their funds delivered straight to their accounts.

Learn more about fundraising online by checking this out:

Of course, instead of creating accounts, there is another option that you can do which is to create a page that will entice people to join a fundraising event that is not done online. For example if you want to organize a walk – a – thon, you would need people who will walk for funds. You can create a page wherein they can sign up and at the same time, this page will hold details about the event itself. There are many ways to reach out to people especially in this digital world that we live in right now.

Fundraising Ideas You Can Do in School

Are you thinking about the things that you can do in order to help others? You know that there are people in this world who are in need of your guidance. It does not mean that just because you are still young, you will not be able to help.

There are some fundraising ideas that have been done countless times in school. You already know that there are so many bake sales, car wash sales and even fun runs that have been organized. What if you would be able to think of other ideas, do you think that it will be accepted by people with open arms?

No matter what you are doing your fundraising for, whether you would like to know led ceiling lights Singapore price to donate to the homeless shelter or you want to raise funds from a friend of yours who is battling sickness or you would like to be able to donate to those who truly need it, you know that you can do it as long as you are determined.

  • Sponsorships

Sponsorships are already normal as this is usually done for walk-a-thons and fun runs but perhaps you may do somethign different. If you are addicted to soda and you know that you cannot live a day without it, challenge yourself that you would not be drinking soda and for every day that you are able to last about it, the sponsors will pay for the fundraising activity. You may also encourage other students to do the same.

  • Bring and Buy Sales

What if you could encourage your fellow students to bring some things to school that they are willing to sell? If people would be bringing things that other people particularly like, it will be easier to raise money.

  • Bingo

There are some games that people just love playing and bingo is one of them. There are some students who will get into playing immediately and of course, all the bets will go to the fundraising event. In the end, people would be playing not to win but to have fun with the rest of their schoolmates.

Think about other fundraising ideas when you check this out:

There are also other good fundraising ideas that may be available depending on the season. For instance, creating Christmas cards and Christmas wreathes can be a hit during Christmas season. A cotton candy machine can also be a good investment for people who would like to purchase.

Selling Your Art at Auctions

A lot of artists feel that they are not being given the attention that they deserve because people do not really notice their art. It can be a hard competition for a lot of artists at present time to have their artworks sell because there are so many artists who are struggling to be seen and heard.

While it was much harder for artists before to sell their art, there are a lot of ways now by which artists can sell. One of the ways that artists hope to sell is through auctions. It might seem very easy, auctions will put up the artwork for bidding and attendees of the auction will bid until the highest bidder win. It seems easy right? Selling art may not be that easy though.

Here are some facts that you ought to know about selling art at auctions:

  • Remember that out of all the artworks that are auctioned, a lot of artworks get rejected first.

Artists cannot just enter the auction without the approval of the people who have put up the auction. Most artworks become rejected because of a wide variety of reasons.

  • Artists would be able to have their accepted faster if they already have a good track record of selling.

Reputation is everything when it comes to auctions. Being able to sell is not limited to selling at auctions though. There are some who can sell art paintings online. Auction organizers would usually check this first to be sure. Creative Strokes Australia is a reliable place to buy arts.

  • Auctions can truly increase artists’ businesses.

Since auctions are very hard to get into, artists who finally have the chance to sell their artworks online usually have better careers than those who do not try to enter auctions. Since it can be hard to enter auctions, it can be a privilege to become included in any auction that will be entered.

Learn more when you check this out:

It would be wise to remember that there are different types of auctions that are available. There are some auctions that sell mixed items that can appeal to a wide variety of people while there are also some auctions that specifically search for new artists who would need to be recognized for their efforts and hard work.

Now that you already know important details about auctions, you can probably explore this to have the chance to sell your artwork and be recognized by a wide variety of people online.

Fundraising Ideas You Ought to Try

There is a possibility that you would like to start something but you know that this can be a bit complicated to do since you do not have a clear idea of what you want. Instead of having to give a little bit of equity from time to time, making use of a fundraising option can be the best thing to consider. Even if you have opted to use your money for the business, this does not mean that you will not need mortgage calculator Singapore anymore. You can learn more when you check this out:

Do you know that there are various fund raising ideas that you ought to try? These ideas are meant to give you an idea about what you ought to do. You do not have to rely on capital venture which means that you may have to do some things that you know will work well.

Here are some of the fundraising ideas to consider:

  • Get the help of people that you know. If you would need some funds in order to jumpstart your business, you may ask the help of your family and friends. While not all may be able to help, a lot may give the type of help that you are searching for, the type of help that you may need.
  • Crowdfunding is another type of fundraising idea that you can try. This is usually popular amongst people who are selling online. Usually, there are things that are being displayed and are available for pre – order. The more people who will pre order, the more funds there are going to be.
  • You may also want to consider your credit card if in case there are some things that you need for your business that you just cannot pay for at present time. The use of your credit card will allow you to not pay for anything in the beginning although depending on the credit card you choose, you may have to pay for it after some time.
  • Getting a business loan. You know that getting a business loan is one way by which you can secure the money that you need for your bank. Of course, you would have to pay for the loan depending on your schedule on when you are required to pay.
  • There may also be some people who are willing to donate just to make your business happen. They are usually heaven sent because finding them can be hard to do.

With all of these startup fundraising ideas that are available, you can be pretty sure that you will find one that will offer you what you need. Consider these options well and you will not have problems at all.

Getting Rid of the Fear of Public Speaking

There are a lot of people who fear public speaking. They feel that there is nothing more daunting than having to be in front of many people in public and actually speaking what is on their mind. Although a lot of people are opinionated and they have a lot of issues that they would like to clarify privately, speaking publicly is something that they are just ashamed of.

Whenever you think about public speaking, do you also feel butterflies in your stomach? Do you feel that you just want to make the anxiety and the fear go away? What if you would be told that you can actually get rid of that fear of public speaking, would you be willing to let go of that fear so that you can start speaking in public?

Kill your fear of public speaking by checking this out:

You have to remember that there are different ways by which you can get rid of the fear that you are feeling although there is a process that you ought to follow so that you will not become too stressed out. Here are some of the ways by which you can get rid of your fear:

  1. Try to Think About Your Reasons Why You Fear Public Speaking

Is it because of a humiliating experience that you have felt before? Is it because of something that you have watched on television? Sometimes, your reason for fearing public speaking is not related to you at all. You have to think about this fully so you can be sure with what you can expect to get from it.

  1. Get Public Speaking Courses

If ever you feel that you are having some troubles with public speaking, what you can do is check out public speaking courses. It is highly likely that you will find one that best fits what you are searching for. You may want to check out online courses or courses that are done in person. The decision will be up to you.

  1. Face Your Fears

You have to remember that in order to get rid of your fear, you have to face it. If you fear public speaking, you may want to check out small public speaking conferences that will require you to speak in front of the whole crowd. You may just overcome your fear. Of course, you might also need the help of Benjamin Loh so you will know what to expect.

With these things in mind, you may be able to become a good public speaker. You will not fear speaking in public that much anymore.

Fueling Startup Ventures

With ever growing need and sudden surge in every sector has led to many inventions, cut throat competition, immense pressure and corporate and mid-level alliances. Everything is happening as listed but in various combination and intensity.

Leading the trend is the IT industry which is providing the launching pad to literally every other sector domain across the globe. E-commerce has taken a deep and longest stride ever with the help of IT and doing fabulous job in this regard.

With the unfolding and massive growth, even the common man is trying his luck to become entrepreneur in some way or the other. This is further having cascading effect and impact to growing startup companies coming into shape which each trying to outrun the other may be through innovations, exciting products and refined processes or something else.

 

This mushrooming has further been supported by the investors who are coming forward in large gathering and investing heavily into these companies hoping to gain much larger chunk in near future. Typically, we have different models and methodologies in this domain through the fund is being raised by these companies.

One is through venture capitalist who invest money in the company by holding major share and also holds the right to manage company’s marketing profile and business model to an extent. These VCs are basically big shots multibillionaires from already established organizations who wish to expand their domain across different verticals.

Then we have another concept of crowd funding which is through raising awareness about new ideas among people through online media or some other means so that people can come forward and donate money for the idea. This is not that withstanding in Asian countries as it in US or European countries at the moment but it is gaining momentum every passing minute.

Then we also have a concept of angel investors are basically individuals who are affluent and have surplus money to spare and apply into useful and constructive projects, if there are any. They are completely different from VCs because they apply money earned through their existing business and want to further expand it to take it to the next level but angel investors are just downright individuals who, rather than investing into Fixed Deposit or share market, wish to channelize it through these investments.

In any case, the risks are high because eventually your idea should take off but there are other means available where in the startup companies prepare nice and effective pitch and popularize through sundry digital media which further attracts investors and help them fundraise.