10 Possible Reasons Why You’re Always Not Good Enough

Have you ever felt like you’re not good enough? Have you ever questioned yourself why you’re not appreciated and valued for who you are?

Well, let me tell you what I think.

1. You’re constantly comparing and measuring your standards of success against others.

“So what If I’ve graduated with a Bachelors degree, people are graduating with Masters and PhDs, I’m just not smart enough; I’m never gonna get a good job.”

2. When you don’t take care of your health, you feel like crap and you underperform.

Imagine this:

You only slept two hours the night before and you tried to work out the next morning. No matter how hard you try, you couldn’t lift as heavy as your last record. You start to think that you are deteriorating and you’re never going to improve.

See Also: Importance Of Sleep: How It Can Put Your Health In Serious Jeopardy

3. You complain that you’re not good enough but you don’t do anything to change.

You still continue doing the same shit every day that makes you mediocre.

always complaining

“Your life does not get better by chance, it gets better by change.”– Jim Rohn

4. You think you should be like Wonder Woman and be good at everything.

Well, you don’t have to, because you never will. This brings me to my next point.

5. You are a self-proclaimed perfectionist and big-time procrastinator.

“If you wait for perfect conditions, you will never get anything done.” ― Ecclesiastes 11:4

6. You’re constantly thinking about the ‘What If’s’ but you don’t look at your current assets and how you can work them to your advantage.

7. You try to do everything but give up everything in the process.

You don’t have a goal or a list of things you want to achieve. You’re constantly stuck and feeling lost.

8. You’re not fully present when you’re working on something.

After you’ve completed a task, you don’t even remember what you did.

9. You don’t want to admit that you’re just a lazy prick and you’re not willing to put in the effort to succeed because acknowledging that makes you feel worse about yourself.

being lazy

10. You constantly think that you’re not good enough.

“What you think, you become.” – Buddha

By now, you must be thinking:

“Well, this girl sounds like she’s giving me advice because she’s got everything in one piece and is living out her life purpose which is making a difference in people’s lives by doing what she’s good at…”

Hell, no.

This girl is very aware what it feels like to never be good enough. However, despite that, she’s still trying to get out of her hole.

She scrolls through Instagram looking at her friend’s post about a pretty unicorn smoothie bowl he made and she thinks: “I have a degree in food nutrition and I can’t make stuff like that… I’m not healthy enough.”

She goes to Cross-fit class and she sees others doing pull-ups and handstands and she thinks: “I’ve been working out for donkey years and I still can’t do any of those… I’m not fit enough.”

She and her friend go traveling together and she sees her friend being the one connecting with people along the way and she thinks: “I can’t talk like that…I’m not sociable enough.”

And as she is in the process of writing an article, she thinks: “Why am I even spending my time doing this, I’m not…”

I’m not enough. I can’t.

You get the gist.

Final Words

If you don’t feel the same way, kudos to you. Keep it up!

If you do, then know that you’re not alone in facing this ‘fear’ of imperfection, of never being good enough.

I’m not here to offer pity or start preaching that you should change and start thinking positively.

Don’t get me wrong.

I’m just hoping to be able to offer some comfort and make you feel comforted as well.
There’s no room for judgment here. Only understanding.

Oh, and ice cream.

Join me for ice cream? I’m thinking cookies and cream. What about you?

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9 Ways To Keep Your Brain Young

If you are getting on in years, you have to start thinking of your brain health. Dementia and Alzheimer’s diseases are becoming so common nowadays that it’s become imperative that you know exactly how to keep your brain young.

Here are 10 simple ways that can keep your brain from aging too fast.

Play fun games

Brain exercise can be fun and easy. Play matching games like Hay Match to stimulate your brain and release more dopamine. Mental stimulation can be a way to stay young longer. Your brain needs to be exercised, just like every muscle of your body, so get into the habit of playing puzzle games regularly.

hay match

Exercise

Moving the body is also good for the brain. The increased blood circulation will lead to a better supply of oxygen to your head. This helps your brain to function as it should.

Exercise at the gym and try to move throughout the day. If you have a job where you sit in front of a screen, take breaks every 20 minutes, and be sure to stand up and move!

Eat better

Try to change your diet to one that includes ingredients that are good for your brain. Foods with high levels of antioxidants are considered good brain food. So are foods that contain omega 3 and 6. You might also want to have a look at your intake of water to avoid dehydration.

Keep your blood sugar levels on an even keel

This point relates to the idea of eating better. If you can keep an even blood sugar level, it will benefit your brain. You will feel more energetic.

With more energy you can think more clearly and it will help you to get the most out of exercising too. This leads to a good cycle of motivation and inspiration.

Don’t smoke!

do not smoke

Did you know that cigarettes damage the brain? They can damage the parts of the brain that are responsible for memory, perception and language. If your brain capacity in these areas becomes weaker, you will inevitably be perceived as older than you really are. So never start smoking and quit now if you are already a smoker.

Laugh a little

When was the last time you laughed? Laughing and smiling are good for you. These are things that will help you stay young. If your friends are not funny, find a comedian that you can listen to every now and then in order to break out into some healthy laughter that will release beneficial hormones in your body.

Sleep enough

We must sleep to restore brain chemicals. During sleep, the brain can deal with all the events of the day. This sorting process is important for the brain to stay healthy and fully functional. You can try to go to bed earlier and also look into the possibility of taking a power nap during the day.

See Also: Five Ways of Overcoming the Problem of Getting Sleep

Have a vacation

Get a change of scenery and do something else. Your brain will benefit from this!

Take a mini vacation and leave all the gadgets behind. You might be surprised to realize that you can find your way without GPS by simply talking to other people.

Get a pet

get a pet

Pets are very good for our emotional health. Your pet will give you a daily dose of joy. Going on long walks, laughing at your pet’s antics and sharing the love will help you stay young and fresh!

See Also: 10 Brain Damaging Activities You Need To Stop Doing Now

 

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Top 5 Things To Do In Las Vegas

Las Vegas is considered the entertainment capital of the world and it’s easy to see why. The city literally has something for nature enthusiasts to nightlife lovers. This is why there were and over 42 million the year before.

If you are thinking of visiting the place, here are the best things to do in Las Vegas to help you plan your trip.

Concert Residencies

concert residences celine dion

Las Vegas is famous for its concert residencies from the world’s biggest superstars. Elvis Presley, Cher, and Prince have all headlined there in the past.

Nowadays, Sin City revelers have the chance to see stars like Elton John, Jennifer Lopez, and Britney Spears perform sellout shows along the Las Vegas Strip at famous venues, like the Colosseum at Caesars Palace and Planet Hollywood Resort.

Lady Gaga recently sealed a deal that will earn her an impressive $1 million per show. It’s set with 74 dates in MGM’s Park Theater beginning late 2018.

One act that has been going strong for many years now is David Copperfield’s residency at the MGM Grand Casino. There, he captivates his audience with spectacular illusions.

The magician performs 15 incredible shows per week in a residency that has lasted 18 years to date.

Nightclubs

mgm grand hakkasan

The nightlife in Las Vegas is one of the biggest attractions for young and old tourists. It has a wide range of bars and clubs that play host to the world’s most reputable music acts and DJs.

Venues like Hakkasan at the MGM Grand are the epitome of what nightlife is all about there. With a capacity of around 6,000 people, a mindblowing sound system, and the likes of Calvin Harris and Tiesto regularly headlining, it’s no wonder why tons of people gather there.

XS at the Wynn Encore has hosted EDM superstars like Skrillex and Diplo and features an outdoor pool which is perfect for cooling off from the stifling heat.

Fremont Street Experience

fremont street experience

Fremont Street Experience is an outdoor entertainment district that spans five blocks in downtown Las Vegas. It has countless free concerts people can enjoy all year.

It also has the world’s largest screen. It’s made up of 12.5 million energy-efficient LED lamps and accompanied by a 550,000-watt sound system.

You can find a number of bars and restaurants in the area. There are also a lot of games and various visual experiences. You can find a huge zipline, too!

17 million visitors per year see the free Viva Vision Light Show.  This makes the place a must-see for any tourist.

Grand Canyon

grand canyon las vegas

The Grand Canyon is one of the seven natural wonders of the world. A day trip is definitely one of the best things to do in Las Vegas.

More than 5 million people come each year to see the magnificent views filled with different types of terrain and inhabited by diverse wildlife. The Grand Canyon Skywalk is perched up over 4,000 feet above the surface, offering visitors the chance to dine in style with views of the Arizona sunset.

Spanning 446 kilometers in length and stretching 29 kilometers at its widest point, the Grand Canyon isn’t the deepest canyon in the world. It’s a title that goes to Peru’s Cotahuasi Canyon or Kali Gendaki Gorge in Nepal, depending on who you ask.

However, because of the spectacular view it offers, the place is definitely one of the most popular attractions in the United States. The Grand Canyon is located 200 km from the Strip, with multiple coaches and helicopter tours available daily.

Hoover Dam

hoover dam las vegas

Built in 1935, the Hoover Dam is a National Historic Landmark. It has enough water to irrigate up to 2 million acres of land. It’s a hugely popular tourist destination which you can find just over 30 miles away from Las Vegas.

There is a selection of tours that allow you to explore deep into the depths of the dam where you can marvel at the incredible engineering work. While you’re in the area, you can also take a relaxing boat tour to Lake Mead or the Colorado River.

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4 Compelling Reasons Why You Should Stop Avoiding Conflict

Every day, we are bound to face conflicts and many people shut down completely because of that. Although that sounds like the easy way out, it won’t help you in the long run. In fact, it’s the other way around. Facing conflicts offers a lot of benefits.

It Helps You Move Forward

The main problem with always veering away from any type of confrontation is that it denies you of opportunities for growth and improvement. Avoiding animosity stops you from moving forward in life and this is a huge problem. You won’t be able to fulfill your potential personally and professionally.

On top of that, holding grudges against people can put you at risk of mental disorders, such as anxiety, depression, and schizophrenia.

The simplest way to avoid all of those things is to face the issue. It will seem scary at first but its benefits far outweigh the initial difficulty.

It will pave your path towards self-improvement and also quiet down any negative and consuming thoughts you might have running around in your head.

Thus, if you feel things get too loud, you should try dealing with them directly every now and then. You’ll see that it can really work wonders.

It Relieves the Stress of Daily Life

relieve stress of daily life

If you’re the type of person who keeps his emotions inside all the time, then you already know how hard it gets after a while. Every day, life becomes a lot more stressful because of that. You might even start feeling anxious all the time.

Now, if you stop keeping your emotions bottled up, you’ll soon realize that your fear is getting you nowhere and that it’s actually making your life harder.

See Also: 12 Stressful Things To Let Go Of If You Want To Live A Calm Life

It Mends Your Relationships

The Balance author Rhonda Scharf exemplified this situation best by illustrating it with the story of one of her former co-workers. According to Scharf, this one colleague of hers had a particularly unhealthy mechanism for coping with conflict. He would carry out an entire conversation with the people who made him angry but just inside his head.

He started doing the same thing whenever he and his wife encountered marital problems. Instead of talking to his spouse, he chose to keep it all in. The situation escalated to such a point that it almost tore apart their marriage. That is when he finally expressed his emotions directly.

There is one important lesson that we all can learn from this: confrontation leads to communication and proper communication can mend any relationship, including romantic partnerships.

It Boosts Your Self-Confidence

self confidence

One of the main reasons why people choose to bottle up their problems and avoid any form of confrontation is their lack of self-confidence. When faced with such situations, most of us think that there’s nothing we can really do about it.

Nevertheless, you can’t know for sure until you try it. And when you finally do, you will realize that it’s not really that hard after all.

See Also: 7 Powerful Habits To Skyrocket Your Self-Confidence

Final Thoughts

While conflict seems like a negative thing, it’s actually highly beneficial when approached right. Therefore, if you stop running away from it, you’ll be able to give yourself enough chance to grow both personally and professionally.

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5 Top Technology Trends That Will Shape 2018

Groundbreaking steps are happening in the technology industry all the time. In the past couple of years alone, leaps and bounds have resulted in better augmented reality, virtual reality, artificial intelligence, speech recognition, and more. This year, you can expect more tech innovations to enhance our lives.

Here are the top technology trends you need to watch out for this year.

Augmented Reality

augmented reality vs virtual reality

We’ve already seen what today’s AR mobile apps can do and games like Pokémon Go are a far cry from it, to say the least.

The AR technology from companies like the startup DAQRI, however, extends well beyond a mobile game experience. Its technology is found in other products, like its $15,000 AR helmets.

You can wear those helmets entirely hands-free and it can work for hours. A requirement for its primary users: industrial workers, sailors, and soldiers.

Take note that these headsets aren’t quite full-scale AR because they suffer from the common problem of most AR headsets. It’s the narrow rectangular view that cuts off images when the user moves.

Now, as the company has partnered with Two Trees, a holography specialist, and is working on developing new dynamic holography technology, it could possibly revolutionize AR.

See Also: How Augmented Reality Is Changing The Game

Google RankBrain

One of the biggest contributors to the advancement of search algorithms in recent years has been Google’s machine learning Artificial Intelligence (AI) system, RankBrain.

Since its inception over two years ago, Google continues to embrace RankBrain, using it to return the best results that match a Google user’s query. It has gone from being used in 15% of Google search queries to now being used in all of them.

Google has also been dabbling in other AI interests. This includes the development of a Cloud Vision API, which has the capability to recognize a huge number of objects. Plus, its Google Brain division has reportedly been developing an AI that can build AI better than humans can.

Artificial Intelligence

Google RankBrain aside, artificial intelligence isn’t only found in data. It’s in just about every industry. Journalism, financial services, video gaming, gambling, automotive, the military, and even healthcare are just some examples.

Currently, the vast majority of AI systems function as a supportive tool that can make certain processes more simplified, effective, and faster.

That said, as AI enters more and more fields, people like Jack Ma question what impact the future of AI will have on society as a whole. The concerns of Alibaba’s founder and Executive Chairman were made known earlier this year during the World Economic Forum (WEF) at Davos.

“The AI, Big Data is a threat to human beings. The AI and robots are going to kill a lot of jobs because, in the future, these will be done by machines,” Ma stated during a discussion panel.

He believes that AI should be used to support people and added that tech giants, like Alibaba, Amazon, and Facebook, need to be responsible and “should spend money on technology that enables people, empowers people, and makes life better”.

See Also: 5 Reasons Why You Should Consider AI Automation for Small Business

Smart speakers

Forget about talking to your smartphone. The future is all about voice-controlled smart speakers now.

This technology perfectly fits into the ecosystem of a smart home as smart speakers can function as the main control hub. They can answer questions, set timers, play music, and control other devices at home.

As you might imagine, there is a fierce competition between market leaders. Amazon, Google, Apple, and Microsoft aim to develop and sell the most sought-after smart speakers.

Today, the competition is tight between Amazon and Google. These companies are leading the market with smart speakers that are affordable, accessible, and superior to Apple’s Siri.

And once Apple’s smart speaker (HomePod) is out later this year, fans will still flock to buy it despite the high price tag. That only reflects people’s desire to always get their hands on the latest technology.

apple homepad
Via Dezeen

Speech recognition

Speech recognition is another tech that has recently advanced both in its capabilities and its use. Whether you’re asking your smartphone a question or your smart speaker, speech recognition is at play.

While there has always been a lot of kinks to work out when it comes to this technology, last August, Microsoft claimed a new speech recognition record. It was able to reduce its error rate to an amazing 5.1%.

This percentage matched the error rate of multiple human transcribers in a well-known accuracy test.

Microsoft’s continued improvements in speech recognition technology are a part of its wider effort to advance state of the art AI and bring these new innovations to the market.

Conclusion

Of course, no one really knows what the future holds for these top technology trends. Maybe full-scale AR will eliminate the need for mobile phones. Perhaps, speech recognition may prove to be superior to human transcribers- or maybe not. Only time will tell where these innovations might take us next

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Tips for New Entrepreneurs: What You Need to Know Before Starting A Business

Walking on the path of entrepreneurship can be a difficult task as there will always be obstacles and challenges. As someone who’s new to entrepreneurship, you should be prepared to face them.

As you embark on your journey, you will encounter issues about legal matters, finances, product development, intellectual property, and much more. The list can easily overwhelm new players.

This makes it important that you fully commit yourself to your business. If you feel that you cannot handle things on your own, there are teams of entrepreneurial finance assignment help that can assist you in getting organized.

And to make sure that you are completely prepared, here are some of the best tips for new entrepreneurs.

Always Keep Cash Handy

As an entrepreneur, you must remember that the money you prepared as capital may not be enough. For your business to function smoothly, there needs to be a consistent flow of cash.

Find investors and venture capitalists who can help fund your ideas and business. Convince them and make them believe in your vision.

Take note that they will likely ask about the expected returns on their investments.

Focus on people and their needs

Stay focused on what your employees need. Make sure to invest in their training.

The skills and knowledge that they’ll learn will be really valuable to the success of your business.

Ask yourself on what business model fits you

If you have started a business just for the sake of earning money and you don’t have any interest in it, don’t expect that business to last long.

Before you start a business, make sure that it’s something that goes in line with your passion and interest. When you are passionate about something, you’ll work really hard to make it successful.

Now, this doesn’t mean that passion is everything. There are factors and situations that can also influence the result you’ll get.

Keep your personal life away from your professional life

work-life-balance

As an entrepreneur, you will spend at least 12 to 13 hours a day working on your business.  As a result, you may not have time to socialize anymore.

As an entrepreneur, you need to know how to balance your work and personal life. Spending too much time on work can result in burnout and that can make you less productive and focused.

Take a break when you need to. It will not only refresh your mind but it can also give you better ideas that can improve your business.

See Also: 5 Ways to Balance Work and Family Time Even if You’re a Workaholic

Don’t let your debt pull you down

When you are starting a business for the very first time, remember not to lose yourself in debt. You have just started your business and you need money for many things.

Credit should not be one of your worries. Moreover, it is incredibly risky to take debts in the initial phase.

If you are in debt and your business skyrockets to success, it’s all well and good. However, if your business fails, you would still have to pay your debt off since you’re the designated personal guarantor of the loan.

If you really need to borrow money, make sure that it’s within manageable limits.

Jot down your ideas and what you learn

journaling

As an entrepreneur, you will have a million things running inside your mind. With so many ideas, there’s a good chance that you’ll forget them in a snap.

The best way to avoid that from happening is to write down your thoughts and lessons in a notebook. You can look back at your notes whenever you need to recall your ideas.

See Also: 5 Benefits of Journaling To Inspire and Motivate You

Take some, leave some

Wise words from someone experienced can be an asset to your business. However, to ensure the success of your business, learn to sieve good advice from the bad ones.

Once you’re able to do that, you’ll be off to a good start. If you are unsure about what to do, just trust your instinct.

Conclusion

The 7 tips for new entrepreneurs can make you a smarter player in the business arena. If there is one thing on that list you haven’t implemented yet, then it’s time that you do.

Small changes can make a big difference. So, keep your mind fueled with positivity and stay healthy and happy. Success will follow shortly.

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Protecting Yourself From Fake Social Media Accounts

Fake news.

You’ve probably been hearing a lot about it lately.

What is fake news and why is it so important that you know how to spot it?

Fake news is not someone saying something you don’t agree with. It’s not one political party pointing out facts that happen to be inconvenient to the opposition.

It’s made-up stories disseminated with the sole purpose of creating divisiveness and spreading misinformation.

The widespread availability of the Internet has led to an openness in the exchange of information that humanity has never before experienced. Unfortunately, this has also led to folks taking advantage of this openness to spread divisiveness. The greatest tool in their shed? Social media.

Fake Social Media Accounts Spread Fake News

During the election cycle in 2016, Stanford University conducted a study of fake news circulating on Facebook and the results were shocking.

Researchers found 115 fake pro-Trump stories circulating on Facebook that had been shared 30 million times at that time. They also found 41 fake pro-Clinton stories that had been shared 7.6 million times.

We’ve all seen them- implausible headlines, questionable websites, and recycled photos.

The problem is that people do believe them and fake social media accounts use this fact to spread such stories like wildfire.

How Big Is The Problem Of Fake Social Media Accounts?

Between 2014 and 2016, the number of fake social media accounts grew 11 times, a shockingly sharp uptick. While as a percentage, fake social media profiles don’t seem especially prevalent.

However, by volume, there are way more fake profiles than you may think. Check out these numbers:

  • 2-3% or 60 million fake Facebook accounts
  • 9-15% or 48 million fake Twitter accounts
  • 8% or 24 million fake Instagram accounts

How Can You Spot Fake Social Media Accounts?

fake social media account
Via skstechnologies

Have you ever received a friend request from someone you are already friends with that has the same profile picture and everything? That was probably a hacker trying to gain access to your or your friend’s personal information.

In addition to looking for duplicate accounts of people you know, there are a few other ways to spot fake social media accounts.

Here are some great examples:

  • Profile pictures that are of celebrities or objects
  • Accounts with almost no followers or have thousands of followers
  • Public figures who aren’t verified
  • Accounts with little user engagement

What Should You Do If You Are Being Impersonated?

Impersonators wield a lot of power in today’s open social media society.

Just setting up a social media account and pretending to be a real person can gain you a lot of trust right off the bat. So, what do you do when someone is impersonating you?

Start by reporting the impersonator. Know that reporting the impersonator may or may not work and even if you get one account shut down, there’s always the possibility that another one will be created.

Impersonator accounts can be used to gain access to personal information or to publicly shame, embarrass, or humiliate the person they are impersonating. If you are a target of either, make sure to monitor all social channels regularly to find and report them immediately.

Why Does Any Of This Matter?

Social media is the new telephone.

Instead of calling our friends and catching up one by one, social media has allowed us to catch up with all of our friends at once, multiple times a day.

Logging off is one way to avoid fake news but is that really a reasonable solution?

We didn’t get rid of telephones when telemarketers became a problem.

Plus, most people aren’t going to log off anyway.

Fake news and fake social media profiles are a real problem and you can only solve them with education and awareness. Learn more about where fake social media accounts come from by checking out this infographic.

Where do fake social media accounts come from?
Source: SocialCatfish.com

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Why Strategy Is Important In Business

Being an entrepreneur is not a cakewalk. Far from it!

When the responsibility of fulfilling your dreams lies on your shoulders alone, you find yourself burdened and clogged by fear and uncertainty.

The easiest way entrepreneurs free themselves from fear is by creating strategies and plans. Entrepreneurs are aware what a gold mine a successful and comprehensive strategy can be for their business.

business strategy

Why Strategy is Important In Business

If you are wondering why you should pay close attention to your strategy, check out the following benefits.

  • Planning pays

Tracking your progress according to a set of criteria can help make sure that you are on track and growing. With a clear picture of what you expect your future to look like, you will always be aware of your priorities.

  • Helps in recognizing strengths and pain points

A good strategy can help you recognize your business’ selling points and pain points so that you can have a holistic view of what you are doing. It can help you stay updated on your progress, too.

  • Aids in assessing skills and talents

When you have a clear idea of your business’ growth, you will know what talent you need to work on. Strategically planning a business takes an unbiased and open mind.

  • Helps in managing resources

Businesses should realize that their resources might run out. With a great and complete strategy, you can prioritize the utilization of your resources. This way, the important things in your business are given priority over less important things.

See Also: Top Lessons From Successful Entrepreneurs You Need to Know Now

entrepreneur success

Tips for Building A Successful Strategy

If you’re convinced about making a strategy but not sure how to do that, here are some of the best tips you can use:

Throw away the losers

As an entrepreneur, you are regularly bothered by fresh and novel ideas popping up in your head.

What you need to do is leave the ideas that seem to be too good to be real. Not all business opportunities will work for you, so you need to screen them. Look for the market potential in your business idea and then lay out a plan.

Analyze your idea

A good strategy is a result of a lot of analysis.

While big corporations can put in massive amounts of resources for researching ideas, as an entrepreneur, you would need to balance your research for resource optimization. Only do as much planning as necessary for starting up.

Merge action and analysis

Since you are just starting out, try to separate your analysis and action for a clearer picture of what needs to be done next. Do more analysis or swinging into action.

Define your objective

Define what your business does in clear and concise words. Know what problems you exclusively solve for the society.

Target your market and create an approach that will give more focus on them than your products.

These simple steps in building strategy can ensure you get started on the right track and that you’re heading in the right direction.

See Also: Best Tips For Young Entrepreneurs

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4 Small Business Tips for Women

Every day, 849 small businesses across the world are launched by women and the number has gone up by 3% in the past year. In the last two decades, there was a whopping rise of 114% in the total number of women-owned small businesses. This clearly indicates that women are rocking the small business industry.

Although a large number of women entrepreneurs have already established themselves, there are others who are just getting started. Unfortunately, the process isn’t that easy.

Women have to face many challenges in launching, establishing, and expanding their business.

If you are still in the planning stage, here are really helpful business tips for women.

Give Your Passion A Rational Twist

‘Follow your passion’ is the best advice anyone could give a small business owner. For women, that won’t be a problem as females are more sensitive and passionate.

However, blindly following passion without analyzing the market and its demands can turn out to be a roadblock to your success.

With that, it is important that you give a rational twist to your passion. Examine it closely against various parameters, like market study, competition, current trends, resources required, and funds available.

You have to build a strong foundation for your small business empire. Using a rational approach while following your passion can help ensure that.

Line Up Multiple Sources of Funding

business tip for women

Sourcing funds is one of the most crucial challenges for every entrepreneur, be it a male or a female. However, various studies have proved that women entrepreneurs find it more challenging to arrange funds for their business endeavors.

A research stated that women-owned business receives only 7% of the venture capital investment money. Female loan approval rate, on the other hand, is 15% to 20% lower than males.

So, instead of solely relying on a single source for all your small business funds, line up multiple sources of funding. This will ensure a constant flow of finances throughout the growth of your business.

But there is a brighter side of the picture as well.

There are some funding schemes and minority grants offering funds, especially for women. Groups and grants like Elizabeth Street Capital, Eileen Fisher Women-Owned Business Grant Program, and InnovateHER Challenge can be a great source of funds for women-owned businesses.

Other economic development programs, like certification by Women’s Business Enterprise National Council, can also help in arranging easy funds.

Invest in Compassion for Effective Team Management

team management

“The hardest thing for women has been the human capital side,” says Maria Coyne, Executive Vice President of Business Banking at KeyBank and founder of Key4Women, a program dedicated to assisting women business owners.

She believes that women business owners can have more compassion towards her employees as compared to men, which can be used both for and against small business management.

Owning a small business, you should know how to balance emotional quotient and not let it rule over your instincts. Don’t let compassion limit you from making lucrative staffing decisions. Instead, use it for positive investment and management in human capital.

Instead of full-time hiring, you can hire on a contract basis or work-from-home basis. Those two approaches cost way lesser and add well to the profit.

You can look for women who are searching for work from home opportunities and empower them. Bring together a team of professionals who share the same enthusiasm and offer a positive and flexible working environment for effective management, execution, and operation.

See Also: The Importance Of Emotional Intelligence For A Leader

Take Notice of Accounting and Tax Benefits

There are many perks of being a woman and one of them is getting tax benefits.

You can register your small business at Women-Owned Small Business and get it certified by the WBE or Woman’s Business Enterprise. This will open new doors to various tax incentives and other waivers. Take a note of your accounting and taxes and do not miss out on the tax benefits offered in your state.

Conclusion

Start giving a rational twist to your passion and finding multiple sources of funding. Use your emotions and compassion for effective team management and do not forget to avail all the tax benefits. These things will help you become a successful small business owner.

Invest equal energy in raising and building a brand for your small business as you would invest in raising your family. Once you’re able to do that, you’ll find that nothing can stop you from becoming the next role model for women business owners.

See Also: 5 Women Entrepreneurs Who Failed Before Becoming Millionaires

Author Bio:
Ankit Gupta heads the content team at ExporteresIndia.com, India’s leading B2B marketplace. His passion towards his profession and his loyalty towards his organization compel him to read and write about small business trends, tips, to-dos, and not-to-dos. You can follow Ankit on his Google+, LinkedIn, and Twitter handles to read other insightful blogs written by him.

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The Truth About What Makes A Great Leader

Leaders are essential to any group or organization. They are the people that guide, control, and manage others so that they can be more productive and efficient in meeting their goals.

However, not all leaders are great ones. Some of them are just wearing the title and don’t live up to their position.

If you’re curious to know what makes a great leader, here are some points to highlight their traits.

“Good leaders tell you what to do while great leaders make you realize what needs to be done”.

great leader

Good leaders have ideas that can only alter what’s within their area while great leaders have ideas that can change the way things are done around the globe. The scale of their ideas is what sets apart greatness from merely being good.

Game-changers and out-of-the-box thinkers are great leaders because they have the power of changing the way people think. They can call their fellow people to action and steer them towards change. An organization that has great leaders with the right mindset will be able to continue growing and evolving.

A magnetic personality is what makes a great leader. Their passion and drive are visible in everything they do. Their shoulders aren’t slouched and there is a zeal that drives them to inspire the people close to them.

“Good leaders say. Great leaders show.”

great leader observation

Great leaders make people observe them. They know that people learn and adapt their behaviors through observation. So, they set examples of effective work culture, communication, and work ethics to influence everyone around them.

Great leaders believe in actions and in inspiring others. They believe that every person has an innate quality of greatness within them and they strive to bring that out.

A good leader will not improve you as a person as much as a great leader will. He can only tell you what should be done in your workplace but he rarely follows his own words.

Good leaders can make you feel good but great leaders can make you feel great about yourself. You will literally see yourself evolving into a better professional when you are under the guidance of a great leader.

“Good leaders cover their weaknesses while great ones work on them”

A good leader will try and cover his weaknesses with tons of excuses. He will make excuses so that he can avoid doing a job he’s weak at. This trait gets communicated to everyone, building a negative vibe.

A great leader, on the other hand, will realize his weaknesses and will try hard to overcome them, even if that involves learning from his subordinates. Great leaders, after all, have no ego when it comes to learning.

Their only goal is to make his employees and the organization better. Everything else is secondary to them.

Great leaders work so hard on their weaknesses to turn them around into their strengths.

See Also: The Importance Of Emotional Intelligence For A Leader

Good leaders aren’t motivators! They can show you the direction but they won’t fuel you up for the journey.

Great leaders will fill you with the thrill of embarking upon something new and will see to it that you stay motivated throughout.

Good leaders become bosses but great leaders become friends. A good leader will only remain your boss and will stay within his professional boundaries. A great leader befriends everyone in his team and doubles as a mentor to everyone.

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