Tech savvy for small business

Share to Twitter Share to Linkedin How can small business owners set themselves up to avoid burnout? originally appeared on Quora : the place to gain and share knowledge, empowering people to learn from others and better understand the world. Answer by Charlene Walters, PhD, Business Mentor, Consultant, Corporate Trainer & Author, on Quora : It is very common for entrepreneurs to experience burnout, particularly solopreneurs who are doing everything all by themselves. I’ve had many clients come to me as they neared that point. When it comes to burnout, however, half of the battle is just being aware of its prevalence and actively trying to protect oneself from it. To that end, here are some of the actions that I recommend business owners take to prevent burnout: Guarding their schedules. The most successful entrepreneurs focus on productivity and maximizing their time. Therefore, they are clever in terms of their … [Read more...] about How Small Business Owners Can Avoid Burnout

Share to Twitter Share to Linkedin Yura Lazebnikov, an investor, entrepreneur and expert in technology industries, IT and esports. The Managing Partner of TECHIIA Holding. Interactions between a startup and a corporation can speed up the development of both. I've found it can also harm a startup. I want to remind young teams to consider the perspective of corporations. You need to choose the right way to interact to boost your product and avoid worst-case scenarios. For the purposes of this article, a startup is a tech company with an innovative product, at least a few customers and revenue. It offers a fundamentally new solution to a problem. Often, startups have ten to twenty mobile and flexible employees. A person with a laptop working from coffee shops may well be the founder of such a company. Sometimes a startup is also a group of students who write code for some application in their spare time. I am not discussing this case here. Until … [Read more...] about How Tech Startups And Corporations Can Avail Each Other

Share to Twitter Share to Linkedin Having worked with prospective business buyers and sellers for more than thirty years, one of the most frequent complaints I hear is about business brokers. It is common for buyers to bemoan the theory that business brokers do not respond to inquiries, they want an offer in place before they provide meaningful information, the add-backs that they propose do not make sense, and on and on the list goes. Yes, indeed it is true that many brokers are guilty of these infractions, but certainly not all. More importantly what I have learned is that buyers play an equal role, if not greater in the deficiencies of the business buying process. Understanding Their Role Business brokers do not represent buyers; unless they have been engaged and are being paid by them. They represent the seller or the deal. They are not your advisor. Their role is to provide information, answer questions, act as a buffer between the parties, and … [Read more...] about Business Buyers – Stop Complaining About Brokers

Share to Twitter Share to Linkedin Manuel O. Méndez, Chief Executive Officer of Quotient Limited . Each of us has the power to make a positive impact on the lives of others. When I was learning about value-creation strategies at the beginning of my postgraduate studies, I found myself thinking about how every interaction—be it with colleagues, family, mentors or even members within our wider community—is a value-creation exercise. But what is value creation? The concept in business 101 is simple: It’s a process that turns resources into something that meets the needs of others. Amazingly, I was lucky enough to not only learn about this concept in theory but could also witness it in practice from some of my mentors. My father was the first person in my life who projected an air of inspiration that I quickly picked up on. He inspired me to think big and help others do the same along the way. I also met someone early on in my career who was the … [Read more...] about Four Sure-Fire Ways To Become A Value Creator In Your Business Or Community

Share to Twitter Share to Linkedin The tech industry has been rocked with layoffs over the last six months. Over 150,000 tech workers were laid off as tech companies trimmed the extra workers they hired during the pandemic to handle current and future needs. Many tech companies felt the demand for technology would remain strong after the pandemic wound down. They assumed more work would shift to the home and the need for more digital tools would rise. While this is partly true, and more people are working from home, many companies have instituted in-office work at least three times a week. To a degree, it has diluted the need for additional demand for PCs in the home and other digital resources optimized for in-home work. Add to that the threat of a recession, a slowdown in tech purchasing in the enterprise and consumer markets, and the threat of more layoffs linger. Indeed, as I write this column, Paypal has just laid off hundreds of workers this … [Read more...] about The Light At The End Of The Tech Downturn

Metaverse is the virtual world that helps people build an intuitive interaction with each other. It requires diverse technologies that provide the platform robustness, flexibility, and scalability. The basic requirement in metaverse development is the amalgamation of hi-tech hardware and software techniques. The technologies like AR/VR, IoT, machine learning, and high-level languages are the top demanding technologies that can level up the users’ experience. Many companies are interested in creating a virtual space like this and are looking forward to experimenting in this space. Also, individuals are highly intrigued in using this technology, especially in the gaming industry. A superb collection of games creates a 3D world where the players feel like they are playing in the real world. This gives a real-life experience of interactivity with fellow players. Understanding The Need For AR/VR In The Metaverse Metaverse is a unique space that gives an immersive experience to the … [Read more...] about Grow Your Business With Metaverse Development

Share to Twitter Share to Linkedin The world is turning the page and rewriting retail. After a tumultuous few years, the industry is moving from recovery mode to reformation with exciting changes and digital innovations. Despite talks on the revival of the high street, changing consumer behaviors have shifted from offline to online, and have become more channel agnostic. Retailers are now leveraging Artificial Intelligence (AI) and other cutting-edge technologies to streamline operations and improve efficiencies. As we progress into the year, these are the top trends to be aware of to stay ahead of the competition. 1. Generative AI to scale businesses AI-powered technology has been making waves for quite some time now. From artificial influencers to deep fakes, OpenAI’s ChatGPT platform is driving attention to the potential of generative AI. This form of deep machine learning combines natural language processing to compose ‘original’ content that is … [Read more...] about 5 Growing Retail Tech Trends That Will Dominate Asia And Beyond In 2023

Share to Twitter Share to Linkedin The mass tech layoff impacted women across the board and turned the tables in the tech industry. Perseverance and practical advice from experts are needed more than ever, especially for the BIPOC woman in tech. According to Crunchbase , over 58,000 U.S. tech workers have been laid off due to budget and job cuts in 2023. Sadly this is just the beginning, and more layoffs will take place throughout the year. In January, data from layoffs.fyi , shows another wave of layoffs took place with private and public startups across the U.S. workforce. Some notable companies are: Coinbase 2,110 layoff's Amazon 18,000 layoff's Salesforce 9090 layoff's (Google) Alphabet 12000 layoff's SAP 3000 layoff's IBM 3900 layoff's The economy has made a drastic shift to deal with the reality of the tech fast growth mentality and hiring quickly and recklessly. According to Crunchbase , in 2022, when the … [Read more...] about 8 Tips For Black Women Navigating Tech Layoffs

LONDON/SYDNEY  – A global stock rally, powered by hopes of central banks ending aggressive rate rises, ran into roadblocks on Friday following weak earnings from U.S. tech giants and as key U.S. jobs data loomed. The MSCI World Stock Index slipped 0.2 percent, but was still near its highest since last August following a sharp rebound in recent weeks on hopes that central bank rate hikes are nearing an end. Wall Street stock futures fell sharply, with contracts on the tech-heavy Nasdaq 100 2 percent lower, on disappointing earnings from Google, Apple and Amazon. S&P 500 futures slid 0.9 percent. Investors are also watching the fallout from this week’s plunge in shares of India’s Adani group, which continued to nosedive on Friday with market losses amounting to $115 billion in the wake of a U.S. short-seller’s report. In Europe, the Stoxx 600 share benchmark fell 0.6 percent. Germany’s benchmark 10-year bond yield inched 2 basis points (bps) higher to 2.097 percent, having on … [Read more...] about Tech giants call time on stocks rally, U.S. payrolls loom

Share to Twitter Share to Linkedin Tech entrepreneurs and companies with digital offerings may choose to expand their offerings to include physical products. An essential first step, of course, is developing an offering that truly addresses a market need. However, a great product alone won't guarantee success, and tech companies must be prepared for the unique challenges that come along with a physical launch. To help, the members of Forbes Technology Council offer 15 expert tips for moving into the physical product space. 1. Gauge Customer Response Although it’s important to get internal buy-in within your organization before moving into the product space, the real key to a successful marketing and sales approach is validating your value proposition within your customer base. Gauging customers’ perceptions and needs can help you tailor your strategy and ensure you’re creating products that deliver real value. - Kevin MacDonald , Bluesight 2. … [Read more...] about 15 Tips For Tech Companies Launching Physical Products