Tag: travel

Overrated Business Tips to Forget

On January 28, 2021

In Career, Education, Finance, fitness, health, Investing, Leadership, Nicholas Fainlight, postgraduate, Technology, Uncategorized

Wherever you go, people provide unsolicited guidance on how to grow, run, or start a business. Out of the pointers they offer, some are valuable, and you must observe them. However, others are misinterpreted, outdated, or just plain wrong for the business you’re running. Here are some overrated business tips to forget.

1. Your Service or Product Must Be Unique

Businesspersons are often advised to outline what makes them stand out. However, it is not necessary to find an exclusive approach to achieve corporate success. A subtle change may improve the entire experience.

2. Customers Are Always Right

Do you need to make the customers happy? Yes. However, if your main goal is to please people, you may end up in a world of unnecessary suffering. It’s best to pay attention to the things that bring you a long-term profit, not the things that take your energy and time.

3. Do Not Start a Business With Your Friend

Many people think it’s a bad idea to start an enterprise with a friend, but that’s not true—friends whose expertise supplements each other may build a thriving business. Establishing a company may be straining to the relationship; however, the benefits of operating with a person you trust may be worth it.

4. Promote Your Business on Facebook

Companies have acknowledged that paid advertising is the only path to increase your Facebook image, which is still one of the world’s best social platforms. However, it is not always the top place to use up your advertising budget. There are other more effective means to reach your audience for a much lower price per lead, for instance, on platforms like Pinterest.

5. Concentrate on Your Site Instead of Building the Brand

It is important to have a brand that reverberates with ideal customers. However, investing all energy and time in the “perfect” site is not how to make it.

6. Never Reject an Opportunity

It is tempting to “do it all” and take all opportunities that cross your path at the beginning of your business. Saying “yes” to all opportunities in your corporate encounters will stifle your time and dilute your brand.

7. Gather as Much Cash as Possible

Each business needs cash to start and grow; however, not all businesses must seek that through financiers. While funding may help some companies grow significantly, other lifestyle corporations are at an advantage without it.
Finally, despite all the advice that entrepreneurs receive, they should filter what is right for their business.

How To Balance Profit And Purpose In Business

By Nicholas Fainlight

On January 28, 2021

In Career, Education, Finance, fitness, health, Investing, Leadership, Nicholas Fainlight, postgraduate, Technology, Uncategorized

Entrepreneurs need to build business empires while still staying committed to their purpose. A significant number of business people struggle to commit to their purpose while still keeping their enterprises profitable. Businesses need to demonstrate their contribution to humanity while still growing their profit margins. Here are ways businesses can balance profit and purpose.

Go Green

In the past few years, many businesses have shown their commitment to adopting more sustainable production methods. No matter the size, every organization can play a role in reducing its environmental footprint. Surprisingly, the current generation prefers to buy green products. Therefore, companies that will demonstrate high sustainability credentials will gain numerous customers who want to buy green.

For instance, manufacturers can reduce carbon emissions by sourcing closer to home. When raw materials are transported for short distances, it helps cut both transport costs and carbon emissions. Besides, leaders who have a passion for conserving the environment can shift to renewable energy sources.

Find an Inspiration

Walk away from your comfort zone and start doing something new that challenges you. Learn from these things and find inspiration in them

Leverage Technology

Technology is changing every aspect of life, including how consumers interact with brands and how they buy products and services. For example, online sales have doubled in the past five years. Additionally, organizations are using machines to understand customer needs better. This means that businesses must stay on top of the latest innovations to remain competitive in their respective industries.

Share Your Success

Entrepreneurship is a murky journey characterized by ups and downs. Therefore, successive entrepreneurs should consider sharing their experiences with novice business people. When you balance profit and purpose, your impact is significant and tangible, and more consumers will want to be associated with your business.

Understand Your Purpose

Purpose goes beyond providing high-quality goods and services to consumers. It also means that your business prioritizes the common good of the community. For example, some companies such as Unilever have already developed a unique living plan to track their progress of minimizing their environmental footprint. Business leaders should devote time to learn about societal impact and how to improve it.

To change business operations to meet new expectations requires exceptional and visionary leadership. In today’s versatile business world, leaders who will adopt agility will be in a better position to achieve long-term success.

5 Ways to Get Involved in a New City

By Nicholas Fainlight

On August 2, 2018

In Career, Education, Finance, Nicholas Fainlight

Whether you’re moving to a new city for work or school, it’s important to get involved in your new home. You might think you’ll be okay and are planning on focusing on your job or academics and believe you can meet people organically, but you’ll enjoy the experience much more if you put your best foot forward as soon as you move and take steps to get involved in the city as much as possible. Connecting with other people, joining organizations, and starting new hobbies makes your transition much less stressful.

Find online communities

One of the easiest ways to get involved in a new city is finding an online community you can join. Whether it’s a forum for new people in the city, a local discussion board, or a Facebook group, there are plenty of ways to find out more about the social aspects of where you’ll be living and begin to make some friends. Even if you simply want to ask some questions about living in the new city, online communities are a great place to start.

Join a networking organization

Most cities have some kind of networking organization you can join, especially if you’re a young professional or college student. These organizations are a wonderful way to meet other people, get involved in local events, and simply learn some new skills or information. You can find these groups using Facebook or simply Google the name of your city and “young professional organization.”

Volunteer

If you’re looking for ways to give back or are passionate about a specific cause, there are plenty of opportunities in any city to volunteer. Look up local philanthropies and then contact them about volunteer opportunities and how you can get more involved. You’ll meet other passionate people who want to give back to the community.

Participate in community events

You can volunteer for community events or you can simply attend them. Just going to community events helps give you a feel for what your new home is like and it provides a wonderful opportunity to connect with locals. At most local community events, you’ll also find plenty of organizations and businesses from the area handing out information about what they do and how you can get involved. Take advantage of what’s happening in your new city and get involved as soon as possible.

Start a new hobby
Starting a new hobby can be incredibly beneficial; you’ll learn new skills and have something to focus on that’s productive. You can also search out local groups that share this hobby, which is something you can do for a hobby you’re already familiar with as well. You’ll meet people you have at least one interest in common with and you can attend meetings or events related to your hobby.

School Foreign Country Nicholas Fainlight

4 Tips to Prepare for Attending College in Another Country

By Nicholas Fainlight

On July 18, 2018

In Career, Education, Nicholas Fainlight

Lots of people study abroad in other countries, but a lot fewer people actually attend college and receive their degree in a foreign country. For college students from the United States, whether you’re looking to gain an undergraduate degree or are researching grad schools, there are many great options outside of the country. Sometimes, foreign schools even cost less (or are free) when compared to schools in the United States. If you’re planning on attending college in a different country, here are some tips to make this journey as easy as possible.

Choose your school carefully

The first step to take once you decide you’d like to look at colleges abroad is to carefully research the schools you’re looking at. Do not simply choose a school because it’s in a county you’d like to visit and you have a high chance of getting accepted. Much like schools in the United States, where you decide to earn your degree is important and can affect your employability in the future. Research the schools and learn as much as possible, such as how current students like the school, what it’s reputation is, and what your specific department would be like. Consider reaching out to current professors and students and asking any questions you may have.

Research the area

No matter where you’re thinking of attending school, even if you’ve already visited that country or city, research the area. You’ll be living there for at least a year, so you’re going to become immersed in the area and culture. Work on learning the native language beforehand, discover the history of the area, and check out the pop culture of that country. The more you understand when you start school, the more comfortable you’ll feel. Remember to take time to sightsee and travel the local area once you’re in school so you don’t miss out on anything.

Connect with locals

Once you get to your new home, and even before, find time to connect with the locals. Join groups or clubs or simply find an online forum where you can get to know some people and what life is like in the area. Remember to connect with other students as well because many of them will probably be from the country the school is located in.

Plan out what you’re taking

While you’ll be in a foreign country for a significant amount of time, it’s important to not overpack. Strategically plan out what you’ll be taking with you and research what people have found most useful when studying abroad in this country. Remember that you can always buy toiletries once you settle in, so avoid taking up space with something you can simply get once you arrive.