successful startups

4 Ways you can outsource work at your startup

Setting your startup up for success is made possible with helping hands.

Setting your startup up for success is made possible with helping hands. It’s for this reason why many budding business owners are keen to outsource some of their work. If you’re considering this avenue, here are four savvy ways that you can streamline your operations by collaborating with service providers.

Payroll

One payroll blunder could be the kiss of death for your company. In fact, some small businesses have paid billions attempting to correct false payroll information. To ensure that you avoid this unfavorable reality, outsource your payroll activities. With guidance from an industry professional, you’ll find peace of mind in knowing that your employees are receiving the money they’re entitled to. What’s more, you’ll evade the long arms of the law in the process.

IT Services

Information technology can be a daunting realm to a layman. With that said, it’s prudent to enlist the help of a managed services provider. They’ll oversee the digital infrastructure of your business, ensuring that your operations are up to snuff. When partnering with an IT service provider, you’ll reap the benefits of having cutting-edge technology at your disposal. In essence, their goal is to govern, maintain, and support your IT systems.

Marketing

Advertising plays an instrumental role in the success of a startup. While marketing may sound like an easy trade to master, it’s anything but. Connecting with the right audiences demands a diligent approach and industry insight. If you lack either, your marketing efforts will be in vain. The only surefire way to generate sales and convert leads is to work with seasoned marketing consultants.

Customer Support

When a disgruntled customer expresses their discontent with your services, it’s imperative to take immediate action. Otherwise, their negativity is bound to spread like wildfire. Fortunately, virtual assistants can step in to address concerns and field questions. Without adequate customer support, your startup will be doomed from the jump. For the sake of appeasing your clients, consider outsourcing your customer support. Not only will this absolve you of the responsibility of having to speak with a dissatisfied patron, but it’ll keep the client happy as well.

Though many have deemed outsourcing as a lazy approach to business proceedings, it’s an exceedingly sensible and viable alternative. If you’re looking for ways to bolster your startup while it’s in its infancy, the above outsourcing options will do the trick.

7 ways to supercharge your success

One can supercharge their success by certain ways in order to inspire themselves further as well as the other people around them.

Success is achieved by some within a short span of time while others need to work hard for it. However, one can supercharge their success by certain ways in order to inspire themselves further as well as the other people around them.

Here are a few ways in which people can supercharge their success:

1. The process of learning is never ending

Even if a person reaches the pinnacle of success, the process of learning can never be over. One needs to constantly educate and inspire oneself to achieve greater heights in life. The moment one decides to stop gaining knowledge, one starts making grave follies. Constant learning leads to gradual evolution which is beneficial to you as well as your company.

2. The sky is the limit

One of the major reasons people decide to stop evolving and innovating is because they choose to bind themselves to a limit. However, a successful entrepreneur knows that the limit doesn’t exist and growth and development can be achieved constantly through learning and believing in yourself. Also, limiting yourself will never let you crawl out of your comfort zone which is why one needs to push harder to become better.

3. Help other people who require it

A lot of successful entrepreneurs share their success story and also take the time out to give tips to budding entrepreneurs. This is a healthy practice as sharing your knowledge can help others who require it and make yourself feel good about it. Sharing inspiration today is easier than before as one can encourage people through blogs, social media and interviews on various platforms.

4. Health is wealth

A lot of people make a very crucial mistake of ignoring their health while gaining success on the career front. All the accomplishments in one’s life are rendered useless if one doesn’t take care of his health. So, while you continue to work very hard which is a requisite, make sure to adopt healthy habits like exercising daily and eating right.

5. Adopt good financial habits

One easy way to supercharge your success is by adopting good financial habits. Working on small yet effective habits will help you achieve the bigger financial goal in future. Start saving early and it’ll be the best thing you do for your company. Also, get into the habit of investing in fool-proof schemes like bonds, shares or real estate.

6. Know your worth

Just trying to become successful will never be enough. Everyday spend some amount of time into identifying your goals, passions, likes etc and what you really want to do in life and why you wnat to do it. Once you know the accurate purpose of your existence, you can focus solely to towards achieving it. Otherwise, people tend to get caught in a maze of vagueness.

7. Surround yourself with successful people

Being in the company of successful and inspirational people can definitely encourage you become a better person in life. The people who enthral you are your idols and if you strive to become like them, identify their positives and work on yourself accordingly. Also, make sure are open-minded to accept their faults and discard them while working on yourself.

Image credit: www.entrepreneur.com

Too Late To Start? Quarter Life Crisis and Late Bloomers

Does success have a deadline? And if yes, what is the best age to succeed?

Does success have a deadline? And if yes, what is the best age to succeed? Here is a visualization of the relationship between age and success.

“The Critical Period” – Do It Early or Bust?

Language, it is believed, cannot be learned without an accent after the critical age (usually 16). Musical talent is usually apparent in the first ten years of life. Most people we know as successful programmers started coding as children, and successful athletes commonly celebrate their twentieth birthday already celebrities. This can make one look like a failure at 27 if all you got is a college degree. But that may be a false impression.

The Data Behind The Success Age

Looking at the biographies of top 100 founders on the Forbes List shows that 35 is the most common age to start one of the top companies in the world. We excluded the companies that were inherited from previous ones, and the companies where governments were heavily involved. For example, one of the largest companies in the world is Agricultural Bank of China. It was founded by Mao Ze Dong while he was the country’s chairman. This types of founders we excluded, to make sure the list only contains self-starting founders.

The Middle Of Life or Mid-Life Crisis

The result is a bell curve, just like in school most people get grades somewhere in the middle, in life most people succeed mid-life, that is about 35, for the current generation.

Intuitively then, we expect some major life achievements to happen around the middle age, otherwise – the mid-life crisis.

The Quarter-Life Crisis

When you graduate college, with expectations from parents on your shoulders, seeing teenage CEOs in the news can make you feel like a late bloomer. Even at 25. Since today we expect to live longer than today’s average life span of 78 years, at 25 you can reasonable think you are through a quarter of your life. This is a newer term than the good old mid-life crisis.

Late Bloomers, Not Losers

So what about those who succeed later in life – the late bloomers. Is it better to be an early achiever or a late bloomer? That’s the same as asking if it is better to start Facebook at 19 or IBM at 61? For the world at large it does not matter. Perhaps Facebook could never happen if IBM did not exist. Should Charles Flint have felt himself a loser when he organized IBM out of a time-card punching technology firm at the ripe age of 61? Those time card punchers turned out to be early prototypes of computers.

Perhaps you have not heard much about Flint, but the device you are looking at right now is possible in part because of what Flint started at 61. He even lived another 24 years, working and enjoying the fruits of his late-in-life success. A later bloomer? Perhaps. Too late for him at 61? Never too late.

This article was originally published in Funders and Founders

Image credit: www.roncolbroth.com