Category Archives: Career

Skills you need to start and run a business from home

Starting your own business and choosing to do it from home is both a brave and popular business venture at the moment. The flexible hours, controllable workload and doing what you love are all attractive perks to starting your own business from home.

But it takes the right kind of person with the right kind of attributes and skills to pull off a successful home business. And if you’re considering taking this type of business journey for yourself, you need to know what it’s going to take to make it work and make sure you get those skills down before you try it out.

The best thing to do for any job is to make sure you’re qualified and capable. And that’s what you’re about to find out.

Discipline and determination

 

If you were a student who studied via correspondence from your desk at home, then working from home, sticking to deadlines and making sure you actually work, shouldn’t be a problem. But, if you had to go to a university or college and attend lectures to force yourself to focus, then you might struggle to work from home.

There’s a certain type of self-discipline that is required when working from home. You have all the distractions in the world at your disposal and no one else to keep a watchful eye or be on your case to make sure your work gets done.

You need to create your own determination and find the discipline to get work done on a daily basis. You need to work in a productive environment within the house and not from the cosiness of your bed or comfort of your pyjamas. Your success is based on the amount of effort you put in and if you can’t find enough focus to work at home, then your business will never get the attention it needs to grow.

Organisational and project management skills

We spoke about needing to work in a productive environment. Hand in hand with that is the

need to have organisational skills to help you stay on top of things. You can’t mix work and home life together because then you’ll have kids toys in the office, lost documents and all the “home” things calling you away from your desk.

While starting your business from home is a way to balance your work and home life, it still doesn’t mean that your home life distracts for work life. Which is also why you’ll need project management skills. Being organised and tracking the progress of all your projects will help you stay focused on work during work hours and realise the urgency of your tasks. It’s easier to focus and work hard when there’s a plan, a deadline and nothing extra lying around to steal your attention.

Finance and accounting skills

An important part of any business is finances. If you don’t consider yourself the ideal candidate to run a finance manager training programme, you may want to look into finance for non-finance managers courses. As they say, “it takes money to make money” and you’re going to need to manage finances as soon as you proceed with the idea of starting your own business.

And if you look at the two-day finance for non-finance managers course outline, you’ll see that you cover all the basic necessities of business finance that you’ll need to know to manage your business’ money and keep it afloat. They even have a module that covers making financial decisions, which will definitely come in handy during your time as a self-employed, business owner and manager.

Of course, there is always the option of bringing an outside finance expert in, but even then  it would be beneficial for you to have a good idea of what they’re talking about and suggesting. So, just take the course. It will be better for business.

Clear communication skills

And, lastly, you’ll need clear communication skills to be able to start and run your business from home. You will need to contact the necessary institutions to register, finance and market your business and you need to be able to clearly communicate what you want, need and are looking for.

More than that, you will need to build a network of contacts who can help you, endorse your products and collaborate with you. And you’ll need to be able to communicate with clients on a firm and professional level.

Communication is how you’ll market your business and build your brand. You need to know what it is you want to communicate to your clients and target market, and execute it properly the first time. All of these skills will serve you well in your at-home business. Make sure you know what you’re getting yourself into and stick to the game plan for as long as it’s relevant.

How to start a business without any money

You may be sitting at your work desk right now in an office full of people who can never seem to get your name right and doing a job that makes you wish every hour between eight and five away. You may have big dreams of starting your own business but have no money to back the idea up.

Well, what if you were told that it is possible to start up a business without any money? You’d want to jump on that train right now, wouldn’t you? Well, technically, there are ways to go about starting a business without having the initial capital to get it off the ground. You just need to be smart about it and do it the right way.

Choose the right business

If all you know is that you want to start your own business, then pay close attention to the following business ideas that cost next to nothing to start up.

  • Creative business: If you’re creative and can write, draw, paint, sculpt or craft items that appeal to a market, then you’ve got yourself a business that will only cost you the materials you use. Then it’s as easy as finding an online platform or local market to sell it all.
  • Home-services: Pay the price to fill your petrol tank and offer your services as a house sitter, pet sitter, babysitter, or dog-walker. You could also spend the extra cash to buy your own supplies and register yourself as a mobile nail technician, repairman, pet groomer or garden service. People like it when they don’t have to leave their house for things or when they can trust their house to be under the care of other people for a while.
  • Reselling: Find a brand or set of products that you can personally endorse and buy it from a wholesaler or drop shipper to resell to your own market of customers. This is a popular side business for most people and the more successful you are at it, the more you can rely on it as a stable income.
  • Use what you’ve got: Have a car? Or a spare bedroom? Uber and Airbnb are “micropreneurship opportunities” where you can basically run your own business through the template of a head organisation.

But if you have bigger business plans in mind, just keep reading. The above business suggestions can also be seen as extra ways to start making and saving some money for the big leagues.

Don’t quit your day job… for now

Once the “I want to start my own business” seed has been planted, it’s very tempting to quit your day job and start spending all your energy on this new venture. That’s not going to be the best move. If you don’t have money to start a business, you probably won’t be able to survive very long without any income. And new businesses generally cost money before they start making you money.

So, don’t quit just yet. Use any extra time you have to do your research on the business you want to start, the industry it’s in, the market you want to target and coming up with a sound business plan – right down to the asset finance solutions. You’ll know when it’s the right time to focus solely on your own business.

And by sticking to your current job, you’ll be in an environment where you can learn new things, build experience and grow your network. After all, it’s all about who you know when it comes to business matters. Networking within your current company and the companies affiliated with it will make it easier for you to find investors for your business when you branch out and do your own thing.

Design a crowdfund-worthy product

Your business idea may be exactly what the public has been waiting for. To see if you’ve created a crowdfund-worthy product, set up an account and campaign on a crowdfunding website. This way you can gauge the amount of interest (or lack thereof) there is in what you want to do as well as earn the money you need to get started.

Be prepared for the chance of there being zero interest or not enough to confirm your business idea. In that case, you can either think of something else or find the money somewhere else and sell your product to a different market.

Secure a business loan and start with the basics

 

The next step, once you’ve done your research and have a solid business plan in place, is to apply for corporate financing and secure a business loan. Depending on the type of business you’re starting, you’re going to need equipment to help you do it.

Apply for machinery asset finance within the industry you’re going to work in. Financing your equipment allows you to start your business while in the process of making the money you need to make it better. You’ll find that once you start, things get a bit easier. And with finance loans, you’ll be able to afford that start.

Things to consider before buying a new laptop

When it comes to laptops, there is such a vast range to choose from.

A few of the most common and influential factors when purchasing electronics are size, space and brand.  Of course, the type of product you buy is determined by its use, but ultimately, it just needs to suit your needs. The first thing you should consider before splurging on a new laptop is your budget.

These items can range from R5000 to R50 000, so if you’re not sure on what your needs are, and the different features you require, it can quickly become an expensive affair. For example, do you plan on using your new laptop for work in a PowerPoint presentation or on the weekends for gaming? These (amongst others) are the types of questions you’re going to need to ask yourself.

Luckily, the latest technological advancements have ensured that each and every laptop produced is equally good-looking, so even if you can only afford something cheaper, it will still look sleek and modern. Here are a few tips to help you wrap your head around your laptop needs:

Size: When you think of a laptop’s size, you usually refer to its actual shell. If the ‘size’ of your laptop is the main concern, you should consider a notebook that is either light in weight or has a small screen. There are various sizes to choose from, and smaller or thinner laptops don’t always mean that it’s slow and offers little space. For future, the thinnest and lightest systems are 11- to 12-inch screens which weigh an average of 1.5 kilograms. The bigger the screen, the more the machine will weigh.

Screen quality: When you decide to purchase a new laptop, you also need to consider your health. You cannot simply buy something cheap because you can’t afford more. This will affect your eyes. Most people who use a laptop will be in front of it for many hours in a day, so you need to make sure that the screen’s resolution is good to look at and comfortable on your eyes. A glossy screen will lead to a reflection, so refrain from buying a laptop which has a touchscreen incorporated into it. Newer technology offers different viewing angles, so experience a collection before you make your pick.

Keyboard quality: Having a notebook is ideal for quick typing sessions, for example, sending off an email here and there. If your job or hobby requires you to spend hours typing away, you will need to have a high-quality keyboard which can withstand all the typing you’re going to be doing. Your keyboard should also be responsive in touch when you type and let the keys go, and the entire board should offer backlighting to help you see the keys better in poorly lighted areas.

Processor and graphics: Now, a little more technical. The processing unit and the graphics card your computer possesses will contribute to its efficiency. Again, if you’re going to be using your laptop to play games or watch movies, you’re going to need to purchase a laptop which is more powerful. (Many laptops come with already built-in graphics cards.) While these two elements are important for visual usage, RAM and storage are more important for the average laptop user who simply wants to store large files and not have to deal with a laptop that freezes every now and then.

RAM and storage: If you’re using your laptop for work purposes to store plenty of files, you might need to consider more storage space in the years to come. However, if you store most of your information on online platforms such as Google Drive or the Cloud, you won’t need to create new storage space. With RAM, on the other hand, the faster your laptop is, the better. These upgrades will come with time.

Battery life: Having a laptop with a reliable battery life is essential. It’s important to know that you can rely on your laptop when you’re travelling around, without having to send it in for repairs after a few months because it’s been overworked. When you research the laptop you are interested in, be sure to find out about the battery life and how much a spare battery would cost down the line.

Conclusion:

As you can see, gone are the days where you simply buy any kind of electronics straight off the bat. Make a checklist of all the features you need, and keep looking out for any laptop deals which could meet your requirements. Try and find something brand new before you delve into second-hand goods, as new laptops for sale will offer the warranty you need.  

Vital leadership skills every small business owner needs

Being a small business owner means that, other than entrepreneurial spirit, you will need to have leadership skills to succeed. You will need to be able to lead your team with ease and have an understanding of all aspects of your business, including financial accounting and marketing. If you are not sure what, exactly, being a leader entails, below are just some of the vital leadership skills you will need as a small business owner.

Organisation

Arguably one of the most important leadership skills you will need is organisational skills, and this pertains to every aspect of your business. Keeping your workspace neat and tidy will help to calm your mind, and keeping your business data in order will help to make your work more streamlined.

Keeping everything organised will help you to quickly access information and make quicker business decisions. You will need to be able to organise your contact information, tasks, sales information, and all the other moving pieces involved in bringing in new business, as well as understand your financial situation. This can be done by taking a diploma in financial accounting. An organised business is one that performs well and provides customers with outstanding service and experience.

Effective communication skills

Being able to communicate with your employees and your customers is essential to the smooth running of any small business. Communication is equal parts talking and listening, with listening being vital for meeting with employees and clients.

As a business owner, you can build your success by being able to communicate your goals clearly to your team so that they are able to implement them. Listening to the opinions of the people on your team will also enable you to become a better boss, and it can improve your business operations. Without the ability to communicate your value to potential clients, you are unable

Confidence

Confidence is more of a personal attribute than a skill, but it is important nonetheless. Without confidence, you are unable to inspire trust and respect in your employees and customers. Leaders need confidence in order to make decisions and stick to them.

Self-confidence is important for small business owners as you will need to convince clients to use your skills and buy your products. If you are not confident in your business and in yourself, this will shine through in your business and will increase your profits. Confidence is an attribute that is inherent in entrepreneurs and can be built on with courses and conferences.

Strategic thinking

Thinking strategically is important to  the success of any business. This means that not only do you have a vision for your business but the ability and drive to move forward with this vision. You are able to think on your feet and use all the information available to come up with a plan of action to reach your goals.

Strategic thinking is a leadership skill that can be applied to your entire business, such as marketing and finances. Strategic marketing means that you will look at what is trending in the media and use this to your advantage in your campaign. Using strategic thinking financially could mean that you take financial accounting courses in order to better understand your bookkeeping process.

Emotional intelligence

Being emotionally intelligent means that you are able to understand and control your emotions. It will help you to understand yourself and those around you, namely your employees and your clients. It also means that you are able to act diplomatically rather than simply following a whim or an emotional reaction.

Having empathy is a part of having emotional intelligence, and empathy is what drives a small business that wants to connect with customers and give them the best customer experience possible. You should be able to effectively demonstrate emotional intelligence and use it to form connections with your employees and clients. Emotional intelligence also means that you are better able to make smart business decisions with your head rather than your heart.

The ability to adapt

Having the ability to adapt to difficult situations is vital for any small business owner. Change in the economic environment is constant, and being unable to adapt to these changes is highly detrimental to your business success. The ability to adapt also means you need to have the ability to embrace change, too.

Leaders are also able to implement changes easily and efficiently in their business. You should be able to do this without disturbing the organisation’s balances and should provide your staff with help as they strive to adapt to these changes too. Adaptability is highly important in this digital world we live in, especially for small business owners.

8 things productive people do before bed

Ever wondered why some people are seemingly more ‘successful’ than you are? Well, it’s simple. They have their own daily habits that contribute to a happier, more organised routine. Productive people understand that their success is all dependant on their mental and physical well-being, which is why they always take the time to reflect and adjust their strategy each night before bedtime. In order to be just as productive as the person you admire at work, perhaps you should consider trying the following tips:

They sit back and review their day

According to Steve Jobs, everyone should always strive to do something wonderful. Hustling through life to be the better than the person next to you is a great motivator, but when you’re so focused on your career you’re likely to become obsessed which is dangerous. When you think, breathe and live your job, you forget about the finer details in life: the part where you contribute to society or your community at large. Understanding and living your purpose are the first two steps to making a difference. Before you go to bed at night, try and think about your contribution to the world and how that effort is directly aligned with your goals for a happier and healthier life. The simple act of laying down and thinking back on your day will inspire you to be better each day, which will guide you to achieving your goals and aspirations

They write down their thoughts

Often times you lay awake at night thinking for hours. If you simply took the time to write down your thoughts and emotions, you will be able to sleep better and it will allow you to analyse yourself and your actions more accurately. Many successful leaders tend to do this because they get the time to review what they did or didn’t do in the day, or how they spoke to someone in the workplace. Writing down your thoughts will help you to clear your mind and slip into a peaceful, much-needed sleep.

They read interesting books

Great leaders and influential people read before bed. More often than not they’re reading self-help and learning books to give them advice on particular areas in their lives, but either way, reading something that provides you with something to incorporate into your life is well worth the time. Reading is also an ideal way to distract your mind and work your brain in different areas.

They set priorities for the next morning

Many people can vouch that one of the first steps to a successful day is making your bed. If you feel disheartened because of your bedroom setup, buy yourself some new duvets and comforters available for sale in South Africa to keep yourself motivated and inspired.

Wake up, make your bed and go over the list of tasks you need to get done for the day. Knowing you have things to attend to the following day will make you feel more prepared and ready to tackle the new day. Every minute you spend planning in advance saves ten minutes in execution.

They spend quality time with people who matter

Whether it’s family or friends, never neglect the people who matter most because of your job or business. While life is about earning a living and being successful, success can be showcased in various ways. Never give up quality time with your family for something that could be completed the following day. There are always going to be times when you need to work overtime, but you cannot be stretching yourself beyond capacity. Life is already stressful as it is. Don’t miss out on ‘life’ because of something temporary.

They get things done

Productive people use their skills and talents to reach their full potential. Simply by planning ahead to get things done, they make it their mission to work hard and commit themselves in every department of their lives. No matter what industry you’re in, there are going to be days when you’re feeling unproductive and slower than usual, but you just need to push through and try your best.

They go on a digital detox

Something that has become extremely popular is digital detoxing. While digital plays an important role in how we operate and do business, coming home and spending time on your mobile is not the way to go. In order to rest your body, mind and soul, you need to take a step back and reevaluate your priorities. Spending plenty of time on social media is wasted time that you could be spending with your family.

They spend time outdoors or meditating

Spending time outdoors is a wonderful opportunity to clear your mind. Sometimes when you’re feeling down or stressed, going for a walk or meditating can help you turn off your thoughts for the time being. These activities are also good in moments of anger as they allow you to calm down and rethink a particular situation Taking the time to unwind will leave you feeling focused and rejuvenated.