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Personal and Emotional Challenges May Affect Startup Business; How to Tackle?

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You complete the best education, you work for the best company, but somehow you feel not so interested and satisfied with your job. You have been pursuing your favourite hobby and realize that it is making you some money. You work on it harder and realize that it is proving to be more profitable and interesting if analysed and compared with your job. You quit the job and pursue your hobby as your career. You feel the freedom, you are your own boss. You come back to your home, or work with friends or go to a solitude place with internet. You work on your own given time and rest on the time decided by you. You realize now you make more savings, and more time for your friends, family and personal things. 

When you take your hobby as your primary business you may not be much organized. It may also be possible you have no knowledge of management and business administration initially. You move ahead with your own knowledge. You are enthusiastic and energetic. You find that you are investing more time for this work than what you had ever invested in your job, just because this is your hobby and is more interesting. Your friends start telling you that you are living dreams of many people. You build the confidence and sense of independence. Everything is going right, but what if you suddenly meet with an unfortunate emotional disaster? Break up with your loved one or loss of a partner or any problem that strikes you in the initial days of building your startup?

Startup business problems large

When I started working here, I had left my job at IBM and came home from Bangalore to Delhi. My only problem was the deplorable internet service at home. Most of the time I never got the ADSL signal. I called my ISP a number of times, they used to send a technician, he used to do something and it could work for another 2-3 hours and then again used to return to its non-operational state. This cycle I might have repeated over 50 times and now everyone in the department knows my name.

While the internet light on my modem was never a regular sight, another problem that struck me was loss of love. Without going much out of context here, I was thinking the way it gave me an emotional shock, could it have been avoided? I stopped working for almost 3 weeks. My traffic went down, Alexa ranking went down, number of people talking on Facebook page went down, twitter interactions went down and income from advertisements went down. The only thing I was thinking was how I could have tackled this situation.

I was not even willing to see the stats of the website, because I knew it would be disappointing. All the hard work that I did in the past 6 years was going into vain in such condition. Since we are student journalists most of our teammates were also busy with their exams. And when you have a flat organization in a startup, everyone’s role is equal. And in that case if you are lost for some personal reasons, others will get demotivated too or will face a big burden. I did not want all this to happen.

In the meanwhile I was comparing the situation with that of my previous job. How it would have been different if I had got same emotional shock when I was in my previous job. When you work in a company, other than your own desire to work, there is also an external force of your manager that makes you deliver on time. A lot happens on a working day if you are in the office. A call or a ping from manager, an appreciation or escalation mail/call, a new task and a new near deadline, making status report and attending status calls, talking to other colleagues and going for a coffee. All these things and external pressure makes you put the reasons behind your sadness in the background temporarily so that you can work and think more about your deadline, which if you do not meet, could create problems even worse than the present one. When you put the sorrows in the background you think about it, but comparatively less. It eventually helps you to forget and move on. But when you are working on your own business, there is only one thing that keeps you going on, your ambitions and dreams which are also emotions. And when you are emotionally shattered and destroyed, you lose that zeal of work. You look for a break or something that can cheer you up. Since you are free and independent you tend to delay your work.

I tried to implement the scenario at work here. Enforced some deadlines on myself and motivated myself to write this first article after the nervous breakdown. It took me three days to write this article compared to four to five hours which I usually take, but things seems to be working. After all writing is my hobby, something which gives me happiness. I realized I was unnecessarily going away from something which gave me the most happiness or may be the second most happiness after her. Being involved and dissolved in the flow of my ambition was the solution and I was moving away from it. After all this is the reason I left everything and my previous job. And now it deserves my full attention. Because when I write I forget everything, I even forget my headache if I am suffering from one.

Therefore, I think the solution to such emotional disasters at work is to involve even more in the work or something that gives you happiness. Do not run away from your friends, family. That is not the solution. Happiness and sadness is within you. Do not let someone else control it. You are the reason of your happiness and you are the reason of your sadness. We all keep the capabilities to forget things with the time. But the quick solution is in your hands.

P.S: My internet works now. I called MTNL 3 times to fix it and it worked.

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Sanskar Shrivastava is the founder of international students' journal, The World Reporter. Passionate about dynamic occurrence in geopolitics, Sanskar has been studying and analyzing geopolitcal events from early life. At present, Sanskar is a student at the Russian Centre of Science and Culture and will be moving to Duke University.

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How To Be A Better Boss For Your Business

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Being a better boss for your business is essential because not only do you need to be effective for your company to be successful, you also need to be a good leader to your staff. Here are some tips on how to be a better boss for your business.

Listen To Your Staff

Staff are there to keep your business going, and without them, you’d probably not be in the position that you are now. So a good thing to start doing more of is listening. A lot of leaders will tend to struggle with this skill because leading usually involves a lot of management and talking to people. Getting this balance might take a little time, but if you’re making a conscious effort to listen more and to not interrupt so much when staff are speaking, then you’ll definitely see an improvement between you and your working relationships with the staff. Not only that, but it’s going to make your staff feel valued and as though their opinion counts for something in the company. Having peacekeeping actions in place to make sure everyone is happy with one another is important too.

Reward Your Employees 

Your employees are likely working very hard for you, and it’s good to make sure that you reward those staff members who achieve great things for your company. Think about what would go down with your employees in terms of rewards, whether that’s a bonus at the end of the year or even a promotion if you feel like they’ve done really well. Recognizing their efforts is important to them, and the more you do it, the more likely it will be that they stay for longer within the company. Don’t give them excuses to leave and instead give them more reasons to stay.

Be A Role Model

Being a role model for your staff is going to help them make the right choices within the company, and when you’re introducing something new, you need to be the first to embrace it. As a leader, everyone will look up to you and expect you to be working hard to make the company more of a success than it already is. Sitting back and just counting the money isn’t going to look the best, and you may have staff slacking because of the lack of work you’re doing.

Be Reasonable With Your Expectations

Expectations are something you want to be reasonable with when it comes to the goals and objectives you set for the company. You don’t want to overwork your staff, otherwise you’re going to have a lot of tired and unhappy peers. Be realistic with your expectations, and if you want to set ones that are beyond the time restraints or abilities of your current staff, then you’ll want to hire more people.

Being a better boss is good for your business, but it’s also good for your staff to have a leader who leads properly and not without thought for anyone else.


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Explore What May Work Better For Your Business

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What works for one business is not necessarily going to work for another. But one mistake that many small business owners make is chasing solutions that they see working for other businesses. It leads to the copycat style of business, and it’s not always going to do good. It’s easy to follow in the footsteps of those that have gone before you, but now that the business market is so crowded, following what someone else is doing is not going to get you anywhere. Being in business should be about being innovative and successful. We know that someone is always going to have done what you have done, but you should be figuring out what works for your business based on your own ideas. There are ideas such as marketing techniques that work universally, but there are some things that we’re going to discuss today. We want to show you how you can explore what may work for your business, and the areas of your business that might need a little boost at this time of the year. We’re still very much in the New Year dip in terms of sales, so hopefully this will help you boost them!

Better Business Management 

Better business management is obviously going to improve the chances of success of your business. We’re not all born to manage a business, and often, the modern day entrepreneur is setting up their business without a clue what they’re doing. There are some that start out having been a manager at a company before, but still, the actual processes of running a business are all a learning curve. Some of you may not have learnt as well as others. Although you will have learnt how to make sure your business is running, when you get to the stage of hiring employees, you’ll realise you don’t know much about business management. About how to get a team of people working together to do the work that you used to do on your own. So better management techniques could be monthly meetings to check in on your employees, even if you only have one. Get them to explore share their worries and support them. Business is always going to work better if you do.

Better Data Management

Data management becomes essential to a growing business. Filing away loose pieces of paper, and using computer systems to electronically organise files is not going to work. There are only so many folders and documents you can store before it gets too chaotic, especially for a growing business. So you suddenly require a database, and enter this alien world that you don’t understand. Which is why it’s best left to an expert. They can advise you what database will work for you, such as this oracle database compare, and support you with it along the way. It takes specialist companies who dedicate their time to data management to actually control the database and utilise it. A company can easily use the database to process and understand customer data, for example, which can then allow sales to be manipulated.

Better Social Media Management

Social media management is key to a small business. It’s usually the marketing technique of choice for a startup, and sometimes we see such poor management of it. Social media management should be daily. You should be taking time each hour to interact with customers, post to your social media pages, and gain a following. The world is revolving around social media at the minute, so it’s the perfect place to attract the right attention. It’s not something that’s going to happen in a week or two, it’s something that’s going to happen over the course of many months. Building a following takes knowing algorithms, customer interests, and the best way to make posts look eye catching.

Improve Your Customer Relationships

Customer relationships are hard to maintain. Once you get on a path of creating problems with a few, the bad reviews come flooding in, and your company suffers because of it. So, to improve customer relationships, you need to focus on building rapport beforehand. Customers need to know that you’re interested in something other than a sale. If all you’re talking is numbers and products or services, you’ll fail to build solid relationships. If you learn about their lives and take an interest, they become long term customers. It’s simply what’s needed to build basic human relationships, let alone a customer to business one. Loyal customers are the backbone of a growing business.

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Breach Interceramic with payments agreed to Dal-Tile and Mohawk Industries

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The plan of Interceramic´s president in Mexico, Víctor Almeida García, to turn the company he directs into a relevant player of that industry but in the United States, falls apart with accusations of default of agreed payments, in a sales process in the one that participated with two North American companies.

The conflict has as its origin that for some years, Internacional de Cerámica S.A.B. from C.V. (Interceramic), belongs to the American firm Dal-Tile International, Inc., which in turn is part of the American giant Mohawk Industries, Inc, both companies with subsidiaries in Mexico.

Almeida García himself said in recent months that the company he runs was at a vulnerable point, since the demand for its products in Mexico has declined considerably in recent years, in addition to maintaining a historical debt in dollars, which makes Your income an unstable situation.

Under that context, Dal-Tile determined to liquidate the Mexican company Recubimientos Interceramic, S.A. de C.V, of which it is a partner, as well as closing the production plant in Mexico, supported by an arbitration process.

Although Interceramic has filed lawsuits and appeals to appeal the decision of the company belonging to Mohawk Industries, the resolutions have not been in its favor in the absence of compliance with payments and evidence, as judicial and federal authorities have granted protections to Dal-Tile to stop the legal process to which the Mexican company clings.

Among other accusations, Interceramic in Mexico has argued that this is a case of corruption, bribe of judges, influence peddling and nepotism, however, it has not presented any evidence confirming its appeals.

In November 2019, Interceramic filed a criminal complaint with the Special Prosecutor’s Office in Combating Corruption, an agency that responds to the Attorney General’s Office, against the Tenth District Judge, Matilde del Carmen González Barbosa and the Magistrates Ignacio Cuenca Zamora and José de Jesús González Ruiz, both officials from Chihuahua, a Mexican state located in the north of the country, who have been pointed out about corruption, influence and bribery traffic, without having proven their participation in the process, whose file number It is FED / FECC / UNAI-CHIH / 0000712/2019.

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