Are you thinking of starting a side gig for supplemental income, but not sure if this is right for you? Career perfection level, leisure time, income, passion, and new skills are all factors that are considered when choosing a side hostel.
Check out the infographic below to help you determine if side hosting is your thing. If you decide that the lender is ready 51 Side Haste Ideas You get to go. But, how do you know which one is right for you?
Remember why you want to start a side rush. Whether you’re running away from your day job, making more money, or following your passions, you’ll be inspired when you are reminded of why you wanted to do it in the first place.
Choose a side hostel for which you already need skills. If you’re a talented baker, don’t try to learn how to be a freelance app developer (and vice versa). Play your hobby and energy!
Before you commit to your side gig, make sure you have enough time. Create a schedule with details of how long and how often you work in the rush to your side. You will thank yourself later.
Better a poor horse than no horse at all. When thinking about which direction is right for you, think about family and friends who might be interested. They may give you support and advice in some cases.
List your objectives, but be sure to keep them realistic. Consider your budget, capacity, and time when setting your goals.
If you’re still wandering about it, check out the flowchart below to see if side hosting is for you.
If you want to be your own boss and start your own business, 2019 is the year to do it! Gone are the days when you had to have a lot of capital to start your own business. There are many business ideas that you can put into practice with very little or no capital.
For all these concepts, you don’t even need a dedicated office space or a lot of staff. You can even work remotely and you can run your business from anywhere. Of course, this will greatly help if you already have the skills or are very interested in the industry you have chosen. If you are looking for inspiration, here are some trending business ideas for 2019.
1.Arranging the house
Declaratory is probably the buzz word for years, especially as celebrity tidy-up expert Marie Condo launches her new TV makeover series on Netflix. If you have amazing organizational skills and you like to put everything in the right place then this is definitely for you. If you want to enhance your game, you can take a consultation course with Marie Kondo yourself!
Start with your family and friends, then connect with the people in your network. For larger projects, you may hire part-time staff to assist you. Be sure to take pictures before and after so you can show great results.
2.Social media marketing
If you’re an expert on Facebook, Instagram and other apps, why not make the most of it and help other businesses increase their social media presence? While many businesses are shifting their marketing budgets to digital marketing, there are still many opportunities in this area.
To be successful in this field, you need to familiarize yourself with the latest marketing programs, apps and business automation tools. Facebook also offers free online courses so you can become a certified Facebook advertising professional. If you have a marketing or advertising background, this should be something you enjoy.
3.Vlogger
You can actually make money if you like to talk and share your life with those who want to listen. All you need is a video camera with good audio and you can start your own YouTube or IGTV channel.
Through your blog, you can passively monetize the ads placed on your videos. Once you’ve gained enough views and subscribers, you can start partnering with local brands to sponsor your videos.
4.Virtual Assistant
Because of the way communication has evolved, it is now possible to act as an assistant without the need to be physically present. Virtual assistants are usually responsible for researching, organizing calendars, managing emails, and performing various administrative tasks.
You need to have good communication and organizational skills, a laptop, phone and reliable internet connection. Depending on the time zone of some clients, you may have to work full-time or you may choose to work part-time for multiple clients.
5.Fitness Instructor
Fitness is a multi-billion dollar industry and you can get a piece of the pie without the need to set up your own gym or invest in expensive equipment. If you are a fitness junkie, you can be a personal trainer and schedule sessions at your clients’ homes. Or you could be an instructor for group classes like aerobics, yoga, pilates, zumba or crossfit.
More popular brands also offer certification so you can be a certified trainer. Most gyms rent their studios so you can take classes in these places or you can use public spaces such as parks.
6.Makeup artist
Do you have the talent to make your eyebrows always flexible and your contour always flawless? Making people beautiful is a big business so you can definitely make money with makeup artistry. You need to invest in professional tools, brushes and high-end cosmetics – but if you already have them, you can go.
Instagram is a great way to market your skills and build a client base. Follow beauty influencers and connect with other makeup artists and event providers in your area to broaden your network.
7.Sitting pet
This is a great business for those who love pets. Many pet owners lead busy lives and want to leave their pets to a trusted person instead of a large pet store. You can charge per hour for pet seating, and if you have space in your home, you can even turn your backyard into a small pet hotel and charge for overnight stays. Think of Airbnb but for pets!
8.Grocery delivery service
If you have a car and some extra time, you can turn it into a profitable side business. There are many families who do not have time to shop for themselves and at the same time, they do not feel comfortable shopping for groceries online as these limit their choices or tend to be more expensive. Offer a personalized service in your neighborhood and charge every hour or so for running a grocery store.
9.Tour photographer
Many people would love to get amazing travel photos but hiring a professional photographer to follow them can be very expensive. Take advantage of this gap in the market by offering a service where you can work as a tour guide and photographer at the same time! To get started you’ll need great personality skills, basic photography lessons and a DSLR camera.
10. T-shirt design
Got a funny quote You think a t-shirt would look great? Now there are T-shirt sites like Threadless and Redbubble where you can simply upload your designs and they will take care of production and distribution so you don’t have to worry about logistics. Most of these sites are distributed worldwide so that you can have a wide audience.
Think of your own business
You need more than luck to succeed in affiliate business. You will definitely face many obstacles and failures along the way but if you work consistently in your business the results can be very fruitful.
About the author
Richard Cao is the sales director for the UK-based office and COS Sales, the technology solutions provider. Her day-to-day tasks include managing client accounts, helping clients with questions, and instructing her team to ensure the best results. He has extensive experience in the B2B world and as a result has a lot of knowledge to share.
Congratulations! You have signed the paperwork and your merchant is licensed; Your small business is running. Starting your own company is equally enjoyable and terrifying. On the one hand, you are living your dream life and doing what you always want to do. On the other hand, it is a completely new territory. Concentrate on the exciting aspects of what you are doing rather than being annoyed What-if Which hurts your mind. Inspire your small business to break new ground.
New ideas
Think about the most successful company or idea you know. Popular companies that come to mind may include Amazon or Starbucks, while new concepts like Bitcoin and Venus Currency have grown in popularity. Next, think about what makes them so successful. Why is Amazon one of the most successful online retailers? How do Bitcoin and Venus currencies turn digital currencies into real money? What makes Starbucks coffee so huge compared to other coffee chains?
The answer is simple: Entrepreneurs are not afraid to adopt new ideas and do things that have never been done before. Apply this policy to your own business. What new and exciting world can you offer? At one time, each of them had a new idea just like yours.
Questions to consider
If you wanted to make a cake, would you just start pouring random ingredients into a bowl? Or will you research a recipe, make sure you have everything you need and go shopping for the right tools and equipment?
The same idea applies if you are trying to be completely blind to a new venture. You need to have some idea of what your goals and aspirations are for the future. Having a plan for your business is one of the most important things you can do as an owner as it will serve as a guide to help you grow and improve. Knowing what your plans are and where you stand in the corporate world is key to success. Here are some questions to consider when planning your business model:
What kind of proposal do you have? Do you sell a product, provide a service, or combine the two?
Is your company different from others like you? How unique are you? What can you do to stand out and make your mark?
Why should clients come to you instead of competitors?
Be surprised
It sounds very simple but, in truth, it is the foundation for every new company. No matter what you’re doing for a living, it can be amazing. Use your entrepreneurial drive to fuel your clients’ excellent service.
Be prepared for long days and nights. Success doesn’t happen overnight, and it takes time to build a reputation. Prepare yourself for the long haul, whether you have a small fleet of employees or a single employee.
Be aware that abandonment is imminent. To be the best at what you do, remember that the time you spend at work will be spent spending personal time with friends and family.
It can be daunting, the risk is worth the reward when deciding to work for yourself. Be inspired to be your best by being innovative and keeping your excitement.
As a boss, it’s important to keep your company running like a good oiled machine. You must be authoritative so that your employees respect you and stay at work. However, you are very strict and do not want to claim. They want your employees to be commended for all the hard work they put into your company. Your employees will only want to increase their productivity and do better if you reward them for their efforts.
Throw a stuffed barbecue
When the weather is nice enough, there is nothing better than a day of drinking beer and eating burgers. Especially after a long one week coop up in the office. This is a great way to celebrate if your team does exceptionally well overall. Cook some hamburgers, hot dogs and veggie burgers on the grill. Order a hot wing bar for the day. Add some potato, macaroni and fruit salad as a vegetarian alternative. Be sure to pack a cooler with beer, wine cooler and soda. Host a barbecue in your backyard and invite guests to bring a bathing suit. If you feel uncomfortable inviting your employees to your home, host a barbecue in the local state park.
Create a point system
Implementing a point system is a great way to track the personal progress of each employee. Point systems may seem childish because it is a technique that many teachers use on students. However, adulthood does not prevent you from earning a treat or finding this method effective. You can set points for completing projects ahead of time, coming to work on time, and doing random tasks of kindness. The more points employees score, the better rewards they get. Prizes can start as mugs, T-shirts and water bottles and can go as far as TVs, coffee machines and trips.
Give the gift of knowledge
Even if your staff graduates from college, they should never stop learning. There are still plenty of ways for your employees to acquire new skills. Pay for an employee’s online course. Take them to a seminar or conference to gain knowledge from influential people in their field and network. Subscribe to your team for sites that teach skills relevant to your business or their personal interests. Providing educational opportunities for your employees not only rewards them for their good work but also benefits your company because they can contribute these new skills to their projects.
It is much easier to run a business if you have a good team behind you. It is important to commend them for their efforts so that they feel good about contributing to the company.
According to Fundera, more than 3.7 million people perform at least half of their work remotely.
As telecommuting becomes more popular than ever, there is a good chance that members will not share the same position.
How can you keep them all well connected? Using Cloud Solutions?
Here are a few practical ways.
Your first step: Get ready to move to the cloud
Businesses can benefit by allowing their employees to telecommute.
A common mistake is to jump straight into cloud-based operations without doing any homework at first. Managing remote team members will be much easier when you first prepare.
Once your cloud solutions are ready, you can follow these tips to make communication easier:
Maintain a consistent set of # 1 criteria
Start everyone on the right foot by applying a clear, consistent standard for everyone.
Develop a standard operating system It’s easy for everyone to follow and make sure your rules are consistent across the board. It will be much easier to keep your team members focused.
In addition to setting standards, you must make everyone aware of them. You can do this through online training sessions and making sure everyone has the same materials.
# 2 Written words promote an awareness
When people work from a distance, they communicate primarily through written words. The problem with this is that emails, memos and other forms of written communication are easily misunderstood.
With written words, you can’t hear people’s voices or read their body language. So one person can interpret something the same way, another will look at it completely differently.
Emphasize the importance of choosing words carefully from your employees. Emphasize the need to read and re-read written letters before hitting the “send” button.
Finally, come up with some best practices for resolving any disputes over misinterpretation of written communication.
# 3 Encourage building relationships
In a brick-and-mortar setting, workers can share jokes and hang out around water coolers. This is not always possible if people are not in the same physical position.
It’s hard for people to get to know each other and build relationships that will encourage good teamwork.
This means that individuals will need creativity to connect with each other on a personal level.
If your staff is close enough, you can Schedule periodic private meetings or training sessions To help them get to know each other.
When they are scattered far and wide, this may not be possible. In that case, you’ll need to focus on phone calls instead of texting and video conferencing instead of email. You can also encourage them to connect through social media.
Try not to over-schedule your employee time. That way, they can relax when making phone calls, and feel comfortable enough to even start small talk.
# 4 Manage well but do not micromanage
Your actions as a manager will largely determine how your team members interact with each other. When you maintain an online presence, your employees are less likely to return to their shells.
But what you don’t want to do is micromanage. Like a physical office, micromanaging lowers morale. People will not build relationships if they have low morale or constantly hear others complain about how things are going.
Knowing how much to communicate and when to be smart, but you must maintain the right balance.
This may require testing on your part. You may find that some employees have more questions and therefore need to hear from you more often. If so, you need to change your management style accordingly.
# 5 Give employees the right tools
Make sure everyone has access to all the tools they need to get the job done. This could be through the use of project management software, a shared drive folder, or other online tools.
Consideration Adding a cloud-based schedule and management tools To help everyone keep track of deadlines, individual tasks, etc.
The right tools will not do very well if employees do not understand how to use them.
For this you may need distance training sessions from time to time. You can even walk an instructor or an employee through certain software via Skype or chat.
# 6 Deliver work effectively
You don’t try to do everything yourself in a brick-and-mortar position. Yet assignment is an issue that many managers struggle with when their employees telecommute.
Remember that to work efficiently, You have to assign work from time to time.
Start with small tasks and then gradually assign more responsibilities to people who have proven themselves responsible. Be sure to follow-up so that those you submit to know that they are being held accountable.
Be sure to leave a positive feedback whenever someone successfully completes your assigned task.
# 7 Set up a clear chain
Group projects can be easily delayed if an individual experiences a problem.
Who will handle questions about the project or help with computer issues?
What if they face an emergency and can’t complete their task or meet deadlines?
Make sure your staff knows who to call and what to do if they encounter a problem. Ideally, this should be someone other than you, such as a supervisor or an IT manager.
People should only contact you as a last resort whenever they cannot solve the problem in any other way.
Remember that some people want to fight certain things because they do not want to bother others. This means you need to emphasize the importance of communicating with the chain rather than trying to solve the problem personally.
# 8 Encourage some friendly competition
Nothing like a little friendly competition will motivate your employees. Let your employees compete against each other for top sales, maximum new leads or maximum productivity.
Set up a leader board To let everyone know how they are doing and to encourage them to do more.
You should do more than just encourage competition. See that you reward your employees for a good job.
Perhaps you can announce the winners during your video conference or online meeting. Show everyone the rewards, whether it’s a financial bonus, a gift card or some merchandise.
When everyone sees that the award is real, they will be more likely to work on it next time. Just make sure everyone else gets a small boost, otherwise, your employees may treat each other as competitors and nothing more.
Author
Ashley Wilson A digital nomad writing about business and technology. She is known for quoting Harry Potter in casual conversations and enjoys baking homemade food for her husband and their two cats, Lady and Gaga. You can communicate through Ashley Twitter.
You may have misunderstood the term “venture capitalist”. Venture capital (VC) is a type of private equity that refers to the financing of a startup business that shows high growth potential. A VC invests in these startups for a firm ownership partnership. You might even think of a venture capitalist as an adventurer because VC enterprises often fail due to the risky nature of financing new businesses, many of which are based on innovative technologies and face high levels of uncertainty. The VC appeals to initiatives that are not large enough to raise capital publicly or through banks. Such companies provide initial funding in the hope of seeing a large return on investment (ROI) when they go public. Does that sound interesting to you? Here are some things you should know before diving into Venture Capital.
Road to VC
The path to becoming a venture capitalist is not set in stone. Although many start out as investment bankers or entrepreneurs like Matt Oko, others may have backgrounds in academia, law, technology and other types of finance. Starting a VC dress doesn’t require a lot of money because many groups don’t invest their own money; However, independent resources open up significantly larger opportunities. Still, many VCs typically use third-party resources not only to fund startups but also to improve their effectiveness, business processes, and bottom line.
VC features
Here are some features common to most venture capitalists:
Fifty percent of VCs have a master’s degree in business administration. More than 60 percent of them have MBAs from elite schools like Harvard University and Stanford University.
Several VCs have worked in technology, consulting, media, investment banking and / or startups.
Approximately 85% have a strong social media presence, especially on platforms like LinkedIn.
Many have shown success in investing.
They usually go to experts in a particular technology or business
Entrepreneurs keep pace with the world of capitalism, mostly through blogs, podcasts and technical news sources.
Most VCs will spend most of their time working with a business partner rather than with their family.
Inconvenient truth
The harsh reality is that most VC companies fail. Many startups have a lot of potential but come with a high level of uncertainty. There is no such thing as a “guaranteed bet” on investment and personal equity is no exception. Consider that most VCs haven’t broken even in a decade. Moreover, venture capitalism has lost significant ground for angel investing and equity crowdfunding. Less than 1% of businesses in the United States have secured capital through VC funds. As a venture capitalist, you will work long hours in meetings and networking. You just have to be more discriminating with the help you render toward other people. VC’s work is not for the faint of heart.
Venture capitalism can be the foundation of an exciting career in investing. There is a special kind of energy in working with startups that can be very tempting if you have what it takes. Creating equity in emerging business brings considerable risk. Although the chances of success are very low, the chances of creating wealth can be very high.
The development of new approaches to communication has made it easier to maintain networking connections and to have a strong sense of corporate culture when working remotely.
Remote work can be a great blessing for both business and employees.
It makes it possible for telecommuting companies to acquire talent that they have never been able to reach before.
Older employees with years of experience see an improvement in quality of life without wasting time on telecommuting and commuting, while younger employees find more balance in their careers and more time for family.
Lots of workers and businesses have worked remotely for them, but it’s not just a matter of having a notebook and working from anywhere.
You need the right equipment, technology and protection before you can switch to remote work, and you need a schedule to keep your productivity high.
There is a consistent period of achieving the level of discipline required to succeed as a remote employee.
Fortunately, there are plenty of resources out there that can help you make that change.
Here are some things you can do to increase your productivity as a remote employee.
Work deeper, not harder
Many business leaders are talking now. “Deep work”Or the stage where all confusion is put aside and you are fixed in the almost transcendental flow of work – Zen of workflow.
You can’t expect deep work to last forever, but you can work to make it as long lasting as possible.
Your goal is to create an environment of productivity Create a space where you can go deeper into the work flow Lasts at least once a day and at least a few hours.
But how can you do that?
Here are some helpful tips.
Maintain a physical workspace
Many online resources work remotely with photos of smiling workers lounging by the pool with laptops in one hand and drinks in the other.
This is an urban myth and some remote staff could do just that.
People tend to divide the space we occupy and assign specific roles to them, and if you work precisely from your bed or couch, the work of your mind will be a difficult time at hand because it identifies them as places of leisure.
Achieving maximum productivity is your best bet Set up something similar to a home office.
You don’t even need a whole house for this. If you work with more limited square footage, a desk in your bedroom or even a coffee shop table under the block may suffice.
In both cases there is a separate workspace Helps you to describe between work time and leisure time.
Create a solid schedule
That sense of spatial boundary is also important when trying to figure out a schedule that works for you.
While blurred lines between where you live and where you work can lead to delayed and shallow workflows, the opposite can also be detrimental.
You need to know when to turn off your laptop and move away from the desk.
Maintain clear boundaries between your workday and your personal life. Moving away from your workplace during scheduled breaks can help significantly.
One The advantage of working from a distance You have that Flexibility to work at your own paceSo that doesn’t mean you have to stick to a strict 9 to 5 schedule every day.
Finding the right system that works for you is very personal, but it is very important to determine the right method.
Those who like a little more structured things may want to set up a system for clocking in and clocking out.
You’ll find the flexibility to take a lunch break or swap your mornings for an evening shift and still make sure you can achieve your hardest eight hours a day.
For others, Establish daily or weekly benchmarks for work stress It can be a successful move, but it is important to make sure that it is achievable and does not push you beyond your limits.
In both cases there is a complete digestive tract Make sure the work is done. Just because you work from home and don’t enjoy a traditional work schedule doesn’t mean you’re always on the call.
When your workday is over, keep all your contacts away. Do not reply to work emails and do not turn off your business phone or keep it in DND.
Eliminate, automatic, representative
It can be easy to lose track of what your ultimate goals are as a remote employee and to finish more work than you reasonably need.
Many professionals and students have found success known as a method Eliminate, automatic, delegate (EAD). It could be a Useful system No matter what you do.
The first thing you need to do with EAD is Make a master list of the things you need to do. This should include both your work-related work and your work-related personal activities and habits.
Once this is done, it should be your first goal Determine what tasks can wait. There is a decent chance that you can delete or combine unnecessary tasks that you are completing out of habit.
This does not mean that you should ignore the elements of your work day that are related to your overall health. Regular breaks are important for your mental health.
Once you’ve won the list, you can View actions you can automate.
This may include simpler procedures such as scheduling email and social media posts or more complex systems such as IFTTT (if any).
While more complex automation may seem a bit daunting at first, it can go a long way toward improving your workday productivity.
Finally, you want Focus on delivery.
Are there any colleagues who are better equipped for a job than you? Do you have subordinates who can use some extra work?
Carefully consider whether you are taking the job because you are the right person for the job or if you are doing it out of a sense of responsibility.
Recognize there is a learning curve
Chances are you’re not going to transform from a cubicle to a model remote worker overnight, since we’ve been trained by young people to work in the traditional office structured environment.
Being successful as a remote employee means Adaptive unique demand brings distant work.
You can’t do things like you always do and you need an increased level of self-discipline to be successful and productive.
Author
Ashley Wilson A digital nomad writing about business and technology. She is known for quoting Harry Potter in casual conversations and enjoys baking homemade food for her husband and their two cats, Lady and Gaga. You can communicate through Ashley Twitter.
As a small business owner, selling your product online is crucial to your growth. To make these sales, you need to reach as many potential customers as possible and influence them to buy your product or service. This means your online listings need to be on point and use marketing strategies that work.
One proven strategy is list writing that uses influential words and psychology to connect with buyers and encourage them to take action and shop.
Use the strategies listed here to write strong listings sold.
Consumer purchasing behavior
Marketers have been tracking consumer buying behavior for a long time. Although some purchases are made entirely on a whim basis, known as “impulse purchases”, most sales occur when a consumer is motivated by emotional triggers on a personal level. Emotions can be both positive and negative – both happiness and fear can influence consumers to buy.
Inspire with storytelling
For your list to inspire consumers emotionally, you need to connect with them. The words on your list can make these connections – a perfect way to accomplish this is through a marketing strategy known as storytelling. When telling a story, create empathy by drawing a picture for buyers with words. These are the emotions that affect the customer experience, because buyers now feel they have invested in the value of your product.
Providing information
It’s not just the emotions that motivate people to buy. They also want to buy products from any authority. And the best way to set yourself up as an authority is to include information and supporting data in your list. If there are technical details, include them. If you have exceptional testimonials from other customers, include them. The more valid information you have on your list, the higher the value of your product to customers.
Recognition of consumer demand
Being able to identify and understand what consumers need can help you write a list that solves these problems. Many shoppers shop when they need or need something. Providing solutions to a specific problem in your product list sets you up for success. You have shown that buying your product will correct the mistake and it will be better
List of strategies to get results
There is more to making your lists successful than consumer buying behavior. There are several strategies you can use when writing your list that will give you more results.
The title that converts sales
With headlines ranging from 40 to 80 characters, headlines should inspire buyers to read more and create curiosity about your product. Whenever possible, titles should attract attention, inspire desire, create interest and encourage a buyer to act.
Keep headings straight and simple by avoiding filler sounds and bypassing punctuation. There are no grammar rules for titles – think of titles as your canvas to reassure and persuade buyers to learn more about your product.
Create compelling descriptions
Descriptions are where you talk about your product, emphasizing to consumers why your product is needed to address their concerns or problems. Don’t just write about features, list the benefits your products can offer
When writing a description, focus on your ideal customer. Write as if you are speaking directly to the buyer, make it about them and not yours. Hire them and give them a glimpse of how much better their life will be with your product.
Includes energy words
Adjectives are energy words that you want to include in your list. They can add meaning to your description, making your products more attractive to buyers. Try using the words “competitive pricing” and “initial” to create a more positive image of your products.
Keep it short
Online shoppers often browse when traveling. They do not have the time or patience to read long sentences and paragraphs. By sticking to short sentences and paragraphs you are making it easier for consumers to scan through your list. Use bullet points or numbered lists when appropriate text to break even more.
Subtitles are another way to add readability to your online list. Highlight these subtitles in bold, to make it easier for readers to move from one section to another.
Apparently sell your product
Photos and videos can make your list come alive. They show a buyer what your product looks like and they can imagine using it. Images make your product listings more interesting and interesting to read. Consider showing multiple angles of a product and characterize them as “lifestyle” images that show your product in actual use.
Design list buyers can read
You spend a lot of time writing the right online listings that are going to reach buyers and influence them to make a purchase. The design and layout of your list is just as important. Use these tips when posting your list online:
White space – Make sure there is enough white space around the text and images. This space divides your list into readable parts.
Title Size – Titles need to be separate and easy to read. Use font size 16 to 20-points.
Body Text – Text in your list is best viewed in a 10 to 14-point font size so it’s easy to read on a PC or any handheld device.
Font Styles – Choosing the right one can be confusing as there are so many different font styles available. While it may be tempting to take something new, the basic font style works best. Good alternatives are Proxima Nova, Futura and Arial.
Color – Limit the use of color. Bright, colorful lists often miss their mark, making it difficult for buyers to read.
Wrapping it up
Are you ready to scale your small business and see more sales? Selling online means a lot of competition. For your small business to be successful you need to be tactful in your marketing strategies and make the most of your product postings. Use the tips listed here to write killer online listings that use psychology and effective words to persuade consumers to buy your product and leave your competitors behind. See the visual from ForSaleByOwner below for a graphic summary of these points.
There comes a point in life where financial planning becomes absolutely essential for securing your financial future. Today, there are various financial products available in the market, which makes it increasingly difficult to pick a specific product. However, if you have short-term and long-term goals, financial planning will not be difficult.
Once your goals are set, it becomes easy to make an investment or buy an insurance plan. When you are researching to buy a plan, Unit Linked Insurance Policy (ULIP) seems to be your best bet. ULIP policy will bring many benefits compared to other plans or insurance. In this article, let’s take a look at some of the benefits that come with ULIP.
Dual benefits of a ULIP investment:
One of the many benefits of a ULIP investment is the dual benefits of insurance as well as investment. So, when you purchase a ULIP plan, you not only pay the premium for life insurance protection, you also invest in the fund of your choice. It provides extra guarantee and protection of your money.
Wide choice for investment:
Another advantage of investing in a ULIP is that it offers you a variety of investment options depending on your risk appetite.
So, if you are a low risk taker, you have debt funds to invest in
If you are a moderate risk taker, you have a well-balanced fund to invest in
If you are a high-risk taker, you may have equity funds to invest in
That way, you can experience the benefits and ULIP returns by investing heavily. Once you feel comfortable with this investment, you can invest more.
Tax benefits:
As with life insurance, ULIP offers a tax deduction on premiums payable. These tax benefits are paid under section 80C up to a premium of Rs 1.5 lakh. Exemption extends to all maturity pay-outs obtained under section 10D of the Income-tax Act, 1961. It will also allow you to save and grow your financial corpse. Unlike other alternative investments, the ULIP plan has no long-term capital gains tax effect. This makes ULIP a suitable insurance for tax exemptions.
In addition to these, there are several other ULIP benefits that make it an ideal investment option for both short-term and long-term financial goals. So, if you want to take advantage of market-linked growth and life-risk-cover, ULIPs are an excellent option to explore.
NEW YORK – When Amber Atherton became a co-producer and star of the British reality TV show “Made in Chelsea” in 2012, celebrity makers from everything from cream cheese to leggings wanted to pay her big bucks to promote their products.
It happened even though he didn’t use most of the accessories.
That experience is now an instructive moment for 26-year-old Atherton. She also fought to find out who her influential customers were at her online jewelry company, My Flash Trash, which she sold in 2016. This inspired him to start a software company. A year later, Zipper merged brands such as Kellogg’s, Nestl এবং and cosmetics manufacturer Ritual with “Super Fan” instead of paying professional influencers.
Zyper, which relocated from London to San Francisco in 2018, analyzed data from public social media to identify the top 1% of fans of a label. Brands can then chat with those fans and list them to act as brand ambassadors on social sites in exchange for access to new products and events. So far, Atherton has seen these “super fans” drive twice the average order price compared to other traffic sources for many brands.
Zyper has raised $ 8 million in funding, and Atherton is looking to expand its clients – primarily consumer goods companies – to include automobiles and banks.
Atherton’s message comes at a time when influential economies are increasingly rife with fraud and deception. Influential people have been criticized for increasing their followers or even for not using the products they support. HyperAuditor, an analytics firm, has investigated nearly 2 million Instagram accounts and discovered that more than half of them have increased the number of followers by fraud. According to Roberto Cavazos, professor of statistics at the University of Baltimore, such influential scams cost advertisers an estimated $ 1.3 billion last year. Cavajos predicts that number will increase to $ 1.7 billion this year.
In an interview with The Associated Press, Atherton talks about why there is distrust in influential marketing and how brands are starting to look to the niche-based community to find their fans. Questions and answers are edited for clarity and length.
Q: How does Zipper technology work?
A: Most brands know who their top customers are and their top influential customers but almost none of them know who their top fans are – the daily fans of the brand who make an impact on a peer-to-peer level. Uses a combination of computer vision and natural language processing to detect very granular indicators of the zipper effect. We never looked at how many followers someone has. We take public data from social networks and customer data and then run complex queries to identify people who have a strong affinity for the brand.
Q. Then what?
A: Once we have identified the top 1%, we reach out to consumers and invite them to join the brand or interest-based community that is hosted on our software. It can be a dark community – a chat-based focus group with the brand or a public one where fans co-create content with the brand and expand the content. But the best part is connecting fans to each other in real life chats, exchanging skills – real friendships are built through these brand communities.
Q. Describe the influential market at the moment.
A: I started to see it bitter in 2017, when we launched Zyper with this anti-influencer message. Access barriers are so low, you can buy 10,000 followers in 10 minutes and easily use any free editing app to create great content. Anyone can be a billboard and anyone willing to make some simple money by posting a picture of toothpaste or leggings. But brands are waking up to the fact that what Facebook looks like as a quick fix to the rising cost of acquisitions is really a hoax that creates zero returns on investment.
Q. What do you see as the future of influential people?
A. The future is going to be difficult for the influential. Brands are saving and demanding real returns on investment. My advice would be to focus on becoming an expert in a particular niche for influential people and building their community.
