Things You Probably Must Let Go To Reach Your Fullest Business Potential

Must Let Go To Reach Your Fullest Business

When you just start off with your entrepreneurship journey, you will realize that you have to limit your beliefs and expectations. As you progress, you will learn that there are probably some habits or ideas you need to let go just so you can reach your fullest potential-self. It is essential to acknowledge what you should let go in order to advance in your careers. And here are examples of things you probably must set free as your business progress:

Creature comforts

comforts are many things. It can be hours of sleep, doing your hobbies, scrolling social medias, and more. As your business progress, you will realize that some of your creature comforts are not giving you any benefits to advance your career. You will find something more productive to fill the space after leaving some of your creature comforts. It is beneficial for you to shed some of your creature comforts and focus more on self-care practices. 

Financial security

As your career progress, you realize that you need something that can make a real impact. You have the urge to gain unique experience. Hence, you will start to think of sacrificing your security, especially the financial security. You need to make some sacrifices out of your financial security in order to gain more financial stability with your business in the future. At least, you sacrifice it to find opportunities for a secondary placement. 

Time

Time is something you like it or not will sacrifice once you grow your business. Many entrepreneurs though that they will have more ‘me’ time once they are success. However, it is mostly myth because the more success you are, the busier you tend to be. If you want to keep your time spent evenly between work and other areas of your life, you need to find balance. Also, keep in mind that success is not defined by your career achievements alone. Finding balance between work and life is also a form of success not many people get to achieve. 

Control

It is also something you must set free in order to advance in your career. Sometimes, in particular situations, you need to give up control. Sometimes, there are some unforeseen circumstances that are out of your control. It is okay to not get the outcome you initially hoped for. You can use it as a way to improve yourself for the future. You can sacrifice your control but that doesn’t you sacrifice your vision, ethics, or morals. 

Belief of waiting instead of doing

The kind of belief that you should wait is something you must set free if you want to move forward with your business’s growth. Waiting for something to happen doesn’t work in business. If you keep waiting for ‘the right time’, big change won’t ever happen. Keep going is what you should do to build your business into another level. Make the situation better instead of waiting for some miracle to happen. 

Leasing Your Property in Bali: Five Important Things To Learn

Leasing any property in Bali could generate a profitable venture if done correctly, ensuring that both you and the landlord gain from the transaction. It’s a good idea to keep a few pointers in mind while leasing commercial property. As a landlord, it’s critical to get a lease that not only maximizes returns but also ensures the investment’s security. Here are five essential things you need to establish before putting your property into leasing market.

Establish the Length of the Contract of Your Leasing Property in Bali

Get Selective with the Tenant 

The first factor is the tenant’s quality. If you want your leased property to last long, you need to be selective when it comes to prospective tenant. It is really important investigate references of the tenant to guarantee that you choose a suitable one who will pay the rent on time and look after your property.

The tenant should have written as well as verbal references, and a verification of the renter’s rental history against tenancy databases will confirm that their renting history is clean. A guarantor, such as family member, adds to the security of the lease if the prospective tenants are young or have no rental history. Corporate leasing from well-known corporations are also an excellent option.

Establish the Length of the Contract of Your Leasing Property in Bali

Leasing Your Property in Bali- Five Important Things To Learn

The length of the lease is the second factor to consider. Six-month leases were common twenty years ago. Ten years ago, twelve-month leases were the norm, but nowadays, tenants are increasingly opting for two-year or longer leases. Ask your main priorities before leasing your property in Bali. 

Longer-term tenants result in a more reliable lease, as much of the wear and tear on a property occurs during the moving in and out process. You’ll also save the costs of a new tenancy’s transition, such as the letting fee, advertising costs, lease preparation expenses, and any rent loss that may occur between the old tenant’s end date and the new one’s start date.

Think About the Amount of the Rent

The amount of rent is the last, but arguably most significant, consideration. While every landlord wants to obtain the highest possible rent, it’s crucial to recognize that establishing the highest rent isn’t always the greatest strategy. Ideally, you want to attract as many candidates as possible so that you may choose the finest tenant with a long lease period. Even if you advertise the home for $10 less than the maximum, it could mean the difference between a few applicants and a considerably broader pool of tenants.

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Reviewing the Leasing Contract with A Lawyer

This is a legally enforceable contract. Legal documents should always be evaluated by a lawyer. When it comes to a contract of leasing property in Bali, it’s best to have it reviewed by a lawyer who specializes in real estate law and has a lot of experience with lease reviews.

Comparing the Market Rates of Leasing Property in Bali

Examine all nearby comparable homes and properties to see what they’re charging per square foot of usable area. This will aid you in negotiating your space’s pricing and will give you an indication of how much wiggle room you have when it comes to negotiating.

Increasing Your Brand Awareness Through Unconventional Method

Increasing Your Brand Awareness Through Unconventional Method

Brand awareness is necessary when it comes to business and one of the most important factors in marketing. It is important that your brand is being recognized by people. It increases the chance of your business to skyrocket. In this digital era, it seems easy to raise brand awareness because there are so many platforms you can use online. You audience is not limited into one place as well. You can get wide customer base if you succeed in your marketing. 

How to increase brand awareness using unconventional methods

One of the ways businesses use to raise brand awareness is by promoting through ads and so on. However, sometimes it is not enough. There are also many other ways you can use to raise your brand awareness but there is no guarantee they will work well for your business. In entrepreneurship, you don’t have to stick to conventional methods. You can try various methods you think will work well for your business instead. Here are some of the ways to find unconventional method to raise brand awareness.

Bring forward your own ideas

Challenge the existing conventional idea with your own ideas. If you find there is conventional point of view that you know is wrong than you can challenge the idea. However, make sure that you are challenging people and their looks, personality or stuff. You can challenge conventional ideas without being rude. It is important you put your own point of view as against to the unconventional one that already exist. Your unconventional idea might get different response and not everyone might agree with it. 

The attention key

How to increase brand awareness using unconventional methods

Challenging conventional point of view has that ‘attention’ key. You offer different point of view which makes sense for everyone to start getting curious of what it is. Your ideas may also draw attention from other innovators creating massive buzz which can boost your brand as well. 

No more CTA

No more CTA

Most businesses often try to convert customers. They often suggest to put ‘a call to action’ element in the email. However, you can try the opposite of it. Do not try to convert your customers. Many businesses often go overboard with trying to convert customers. However, the effect can be the opposite of what expected. Instead of being drawn, customers may feel suffocated or pressured. You can try being less. Choose simple approach to engage your customers. Focus on what your brand is good at and make it the best point to show your customers.

Build secret society to build the hype

You can also try building a secret society to build the hype of your brand awareness. Get someone right to endorse your brand. Mega influencers might not be accessible for your brand but you can approach another person who have powerful influence. You can first connect with micro-influencers on social media and through your own network. It may needs take time before your brand is blowing up but it is worth a try. Choose the right influencers who have their ideas aligned with your businesses value. So they can spread the value with their own followers. 

Organizing Virtual Events During Remote Environment

Organizing Virtual Events During Remote Environment

Working with your team members, you might have been used to organizing some events for various purpose. However, it is physical events we talk about. During this physical distancing time, physical events are not possible but virtual ones can do. It may seems easier to set up virtual events because you don’t think you will need many things to organize such as booking a place, preparing needed documents, foods, etc. However, it may not as simple as you thought it would be either.

How to organize virtual events successfully during remote work

There are many things that can go wrong when setting up a virtual event in this physically distanced world. So here are things you need to pay attention to to organize successful virtual events during this remote environment:

Always be prepare by making a plan and agenda from the beginning. A solid plan and agenda is like the basic guide for you to run through everything for the event. Keep in mind that just because you don’t have to run here and there, there are many things you need to prepare. There is even saying that you need to prepare to fail if you fail to prepare. Make a list of things you need to make sure the event run smooth. For virtual event, you need established connection instead of soft chairs.

Organizing Virtual Events During Remote Environment

There is no need for you to recreate in-person experience for a virtual event. It is understandable that you have such wish. However, there is no real benefit gained from that. What you need is the same outcome people would receive in person, not the experience. Always focus first on what real human need when dispersed. 

Instead focusing on generating demands, it is best to focus more on the value specifically. It will draw a lot of people in because when you give the value, you get the value. Also, networking capabilities should be facilitated well. During a virtual event you organize for your team members for example, make sure that you invite and introduce professionals who can share their expertise, knowledge or even experience with your team members. Make sure to let your team members professional you are going to invite for the event to draw more their interest. 

Make sure that you schedule breaks for the virtual event. Just because it is done virtually doesn’t mean the participants don’t have a need to go to the bathroom to refresh themselves. You can also plan a breakout period for people to engage through more fun, interesting activities. Playing simple games for example, can put the participants to relax and stretch a little bit before continue with the workshop or webinar.

Find the right platform to facilitate the virtual event you are setting up. If you are going to use particular software for the event, make sure to test it out first. You can even go live dress rehearsal with your internal team beforehand. Then, make sure that the content and conversation is engaging, insightful, and entertaining. 

Reflect On Your Business And How To Improve In the Years To Come

Reflect On Your Business And How To Improve In the Years To Come

Many entrepreneurs and business owners alike are celebrating the new year and looking back at 2020 through their rear view mirror with a big relief sigh. The global pandemic is predicted to end soon following the massive manufacturing of the vaccine all over the world. Many are hoping to return to the normal soon but it is not the right time for us to be so complacent about the future. It is still full of uncertainty and unpredictable. It is time for you to reflect on your business and think about what you can do to improve in the years to come.

Reflecting on your business and refreshing your ideas 

Even without the situation with the global pandemic, it is still important to reflect and refresh your business ideas each year. Keep in mind that business industry is not stagnant. It keeps moving and changing. Market trends change, customer’s needs change, and the demographics also change. 

Reflect On Your Business And How To Improve In the Years To Come

To reflect on your business and refresh your ideas, you need to solicit feedback from your key customers, hear new ideas from your team members, and look at the overall shift in the industry. Those three elements are essentials for you to have insightful reflection. Hence, you will stay current and advance in your business. 

It is also suggested that you keep your focus tight. Specifying your business focus on more targeted point is better rather than letting it wandering around aimlessly. See what you have achieved so far and if it already filled all your goals to grow your business. If you think this year is the right time to scale that growth of your business then put the focus on that. Growing and scaling your business is not impossible but you need to do it properly with the right resources, data-driven decision-making, and clear objectives. 

When reflecting on your business and attempt to refresh your ideas, it is better to not do it under pressure. It is best to take your time doing it so you get the best outcome. Keep track of the problems your business experience last year and how you solved them. Open your journal and see what you wrote there. When you have many ideas on mind, write them down on your journal so you can revisit them later. Not all ideas are applicable now but maybe they will be in the future. 

To refresh ideas, it is important to surround yourself with driven-people. When you see the people around you looking so driven and motivated to keep moving forward, it will be contagious. You will feel the same urge to do your best. And it is such a good influence you have by having positive community to be in. 

In order for your business to improve in the years to come, leverage tools to overcome new obstacles. Empowering your team with the right tools can help a lot in boosting their productivity. However, make sure that tools are supplemental because your team is still the fundamental aspect of your company. 

Attracting Best Talents To Join Your Company

Attracting Best Talents To Join Your Company

2021 is seen as hope year with how vaccine is being delivered around the world. Many people in business industry has started planning to return to the normal. Many companies are now starting to consider adding new recruits. If you are also considering to hire new talents, you need to know ho to attract the best ones especially during this time of uncertainty.

Finding the best talents for your company

During the times of uncertainty, hiring new recruits can be challenging because you also need to think of the budget. However, you don’t want to hire carelessly just because you want to stick with the budget. You can still attract the best talents even without straying from your budget in 2021 and here are some tips you may consider:

Choose good people. It may sound too general because many people also think that the word good is relative. Also, we spend less time interacting with co-workers right now. However, that should not encourage you from working with good people. The ‘good’ here refers to two context which are talent and kindness. You have to recruit people who are good in what they can do and good in their personality. 

Working with people with good skills offer you more chances of success. Your business has more opportunity to adapt and pivot through the crisis. Hence, talented co-workers are valuable. Also, you want to work with good people in a sense of their personality. Choose people who has great sense of empathy. People with high emotional intelligence is also just as essentials. You can work better with co-workers who value camaraderie and companionship. New talents will be interested to work with a company that has good camaraderie, companionship, and good teamwork. 

Attracting Best Talents To Join Your Company

To attract best talents, you need to offer autonomy and ownership. We all have seen how easy it is to lose control due to something unexpected like global pandemic. Hence, any bit of control your employees have over their working life is valuable for them. For example, you can offer more flexibility to working schedule. Giving them ownership over their work allows them to make a room to thrive. It allows more power to them to flourish with their career. With more sense of control from autonomy and ownership, comes more engagement for your employees to lead initiatives that also help the company to thrive. 

Offer fair compensation for your employees. Many new talents are now looking for a company that pay their employees fairly. During this uncertain time, money has become the real life line. Investing in your people is a wise thing to do in 2021. By paying your employees fairly, you will gain trust and loyalty from them. When they are satisfied and happy, they are also motivated to work harder and better. It means, your business productivity has higher chances to increase. Do not see fair compensation as a loss for your business. Treat is as a wise investment your business needs for long-term success. 

Helping Your Employees Avoid And Deal With Burnout

Helping Your Employees Avoid And Deal With Burnout

Every employee must wish for their employer to act with more understanding and empathy. Employees have their own tasks on their daily schedule. However, that doesn’t mean they fully enjoy everything. There must be times when they feel too tired to even look at the computer screen. Sometimes, they feel like they keep doing the same things for so long that they feel like they want to just shave their heads. Employees are not immune to burnout especially if they have to deal with intense workload daily. As the leader, you can find solution to help them avoid or deal with burnout. 

How to help your employees avoid burnout

Your employees are important factors for your business to keep running. However, they are not machine. They are human who are prone to stress especially with loads of responsibilities on their plates. Make sure that you lead them with care and empathy so they feel more valued and appreciated. Help them to prevent burnout from happening to them. 

Showing your empathy to your employees can help a lot. However, it is also known that every individual has different characteristics and personalities. Some are easy to show their emotions or express their feelings. If you are a type of leader who are not really expressive, showing empathy can be more challenging. You may have to find how to do it your own way while still delivering sincerity and empathy to your employees. 

To help your employees avoid burnout, review their workloads. If you need more data or information regarding to this, as every team leader to help you collecting necessary data. Balance workload is important to maintain to ensure that your employees are not overworked especially during this global pandemic. By providing balance workload, you can help your employees avoid fatigue and burnout. From lots of studies, burnout equally affects employees working remotely and in a physical workplace. 

To help your employees avoid burnout, review their workloads

Showing empathy means you have to recognize and understand your employees’ thoughts and feelings, you don’t have to be bestfriends with your employees to do so. You can still do it under professional relationship. However, make sure that your approach can make them feel at ease. Try to learn more about your employees without any bias power, or privilege. 

One of them best things to understand more your employees is by talking to them and listening more to them. Listen to what they think or feel so you know what to do to help them deal with their problems. Make sure that you monitor, assess, and respond to your employees regularly. This way, your employees know that you are there for them especially during this tough times, everyone can be each other’s support. 

It is also great of you can set a plan where a meeting is not about work you can gather your employees to have casual chats with each others. This way, you can also check on in your employees. Or, you can set a plan to have group virtual karaoke or play online games together to let off some steams. 

Bali Villas Best Possible Way to Invest & Gain Profit

With various alternatives accessible to invest in Bali villas , you may face some consideration in picking the best choices. Before you dive deep to real estate investment, you have to go through different question beforehand and better comprehend your demands. In addition, this act will save and help you manage purchase the suitable and reasonable villa for you.

Bali Villas | Interior

Besides, every investment in real estate comes in a different reason and purposes. Ranging for your emergency needs, financial stability, passive income, retirement or children education. But most favourite come to build an ideal home or focus to income source from leasehold. Moreover, among all option available in the investment type, making your way to luxury bali villas is a wise move. These exclusive bali villas are consider to be the most hype in the market with every benefit inside it.

Build Your Dream Bali Villas

Unlimited option are available to purchase in Bali with the most fair price. Whenever you plan to build your dream living, the most relevant choice today is to keep an eye to bali luxury villas. This empowers you to manage your own unit to your demand, requirements, style, and preferences.

Bali Villas | Bathroom

However, before you make up the choice to invest in the unit, its necessary to do a further research and market analysis. Its a vital aspect to figure out the numbers and keep updated to current price index.

Prepare for Retirement Income

One of the major aspect to invest in bali villas is that most unit are available with unique value and various budget to match our financial. This way, we wouldn’t worry with any overprice issue. As the matter of fact, the property rate keeps appreciating overtime, showing the bali real estate industry is solid. Furthermore, its been some years of the increasement of the price index at a good percentage.

Meanwhile, majority of people decide on low investment in Bali’s available area, and afterwhile when the price index is on uprising, they will sell to gain the profit gap. This method have been praticed over long time, yet its still the favourites for most of stakeholder in the market.

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Finest Bali Villas Deal For Investment

Looking for villa fo investment is never a wrong idea, we could make the most of the opportunity to gain profit. Then this profit may help you re-do the cycle and sustain your future business. More like this supreme villas located in Berawa, which in a famous tourism zone. This villa is design in marvellous taste and value by the most competent architects in Indonesia.

Bali Villas | Swimming Pool

It provide beautiful terrace on the second level to take sunbaths and relax until the day. This beautiful villa are covered in full furnish and selective handicrafts and materials. These items quality are settle to match the concept value and longterm durability for the property.

Features 4 bedroom with en-suite bathrooms. Dining room with fully equipped kitchen. A beautiful garden in the house and a swimming pool 8.2×2.5 meters. 2 sun terrace with sunbeds. Good size parking makes it the perfect home. No wonder this villa is the best way to your investment table. Enquire this villa now with the best deal of the year!

Making Your Brand More Meaningful During This Tough Time

The pandemic has brought many changes including in business industry. There is no way to go back to normal before the breakout. Even travel industry has already make some changes to adapt with post-pandemic reality. Business industry should also be prepared to adapt with post-pandemic situation. During this tough time, you can make more effort to boost your business while communicating where you stand and showing your support to your audience. 

Making Your Brand More Meaningful During This Tough Time

Meaningful action brand can take during this tough time

People all around the world are suffering right now even though the pandemic is slowly getting better. Business is also one of the most affected industries due to the economic downturn. Many leaders both seasoned and beginner are challenged with situation that has never happened before. Surviving this tough time while showing your support is not an easy feat. However, it is possible for you to make your brand take meaningful action while trying to stay afloat. 

Listen to complaints

During this tough time, you may receive complaints more than usual due to technical stuffs or other things. However, do not defend yourself but listen to your customers. If you are not fully equipped to respond to them then you can tell the truth. However, make sure that they are heard and show them that you are committed to fix their problems. Defending yourself will only end up in long arguments that solve no problem.

Do your audit

Meaningful action brand can take during this tough time

Assess and audit your stance and policies both internally and externally. To do this, you can rely on more qualified people such as educators, coaches, professors, or consultants. They are the right people to educate. Communicate with your audience like this will help your customers understand because they are being educated and informed not neglected. Aside from communicating with authentic and honest optics, let your customers know where your brand stand and where it is going. 

Make value adjustment if necessary

Look at the values of your company using brand-value metrics and not result-driven one. Make sure that it is still aligned with your customers even if it is not fully. Some adjustment may needed but it will be good both for your brand and your customers. 

Brand is reflections of company

Keep in mind that your brand is not just a symbol or logo. It is the reflection of you. Your brand should represent your value and objectives. Thus, make your brand closer to your customers so you understand why they come to your expertise. Mutual understanding will be achieved if you can communicate through your brand, letting your customers know that you are supportive of them.

The essence of evaluation 

Your value and brand are important elements you can assess and evaluate. During this tough time, it is not easy to thrive. However, you are not alone in this. You have your clients and customers who also need your support. Evaluating your value is the first step you can do to know how to help your customers. This way, your brand can take meaningful action and your customers will know that they are still supported and cared for even during this tough time. 

Tips To Write Your Business Plan

Business plan is essential for a any kind of business because it is like manual and guide for you to run your business with purpose. It is more than just documents containing steps from launching to marketing your products or services. Your plan is your business map that help guides you through the entire process. Whenever you find any block or challenges, you can go back to your business plan to see what you can do to solve the issue. Therefore, it is critical to write business plan well.

Photo by William Iven

Writing business plan 

Many people still consider business plan as something complimentary and not a necessity. Well, you can still run your business without a business plan. However, it can make the process of running business easier because you have a guide that lead you to the right direction. Here are some tips to do it well:

Segment your business plan with priority. It makes it easier to highlight the most things to prioritize first then you can move into detailed elements. This way, your business will focus on bigger things that help it to grow and establish. Meanwhile, other details are still necessary to be included in your business plan so you anticipate any possible scenario to your business. 

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In the past, many write business plan thoroughly just like a manual book. However, many investors today are no longer interested to see that kind of business plan. They are more drawn to see business plan with highlighted selling points. Therefore, it is recommended to write traditional, detailed business plan for your business guide. However, make business plan with more selling points for your investors. In this case, personalized business plan is recommended to write depending on who your investor is. 

Plan your anticipated revenue as well as the costs foe every unit. There are many expenses your business have to spend to run smoothly. Keeping track of that matter is essential and you can write every unit in your business plan so you are aware of any transaction. When you are aware of your unit economics, you know how to make it compatible with your vision and how to make money. 

Always put actionable goals in your business plan. You may write your visions for your business in the plan. However, they may be more difficult to reach if you don’t have any actionable goals. A vision is important for your long-term plan. However, goals are essential for short-term ones. Make sure that your actionable goals are directed towards your visions. 

It is advised to not too focus on the form of the business plan but rather on its substance. You don’t have to spend hours just to fix the template or run complicated program to write business plan. The most important thing is the substances of it including marketable product, systemic strategies to increase revenue, and alternatives for challenging situation that your business may be faced in the future. Just make sure that your business plan is easy to understand.