e-lifeandwork: Learn New Skills Online | Online Courses & Real-World

Most people know the importance of setting good financial habits and practicing these habits to reach their short- and long-term life goals. However, a common mistake many people make when deciding to improve their financial lives is getting overly ambitious. They may try to follow too many habits and struggle to maintain these financial habits. What's the solution to this recurring issue?  Tanya Peterson, vice president of brand with Freedom Financial Network, said to start with choosing just one or two habits. Here are seven financial habits you can set, and follow, each day to improve your overall financial health. Pay Bills on Time You might already be practicing this financial habit on a regular basis! Make bill payments on time. Peterson said you can do this by setting up a system. Consider using an app, online calendar or a paper file on your desk that you'll use consistently to make timely bill payments. Check Accounts Daily How much do you have in c...

Try A Reverse Bucket List To Kick 5 Financial Habits That Are Slowing You Down Previously, I’ve written about creating more time for the things are truly meaningful to you by saying “no” to tasks, activities, distractions and time wasters that don’t further your goals. Recently, I came across an interesting article by Harvard professor and columnist for The Atlantic, Arthur C. Brooks, about finding satisfaction in life. Brooks refers to satisfaction as one of the core “macronutrients” of happiness (the other two being enjoyment and meaning). He talks about why the quest for satisfaction can feel so elusive and fleeting, ultimately leading us to continually want more money, possessions, fame, power or whatever else we think will lead to feelings of personal fulfillment. He believes the secret to satisfaction lies in managing our wants. By managing what we want instead of what we have, we give ourselves a chanc...

Don is the award-winning business coach and CEO of Accountability Now, now helping clients increase revenue on average 35% in 90 days. Having a high-performing sales team is one of the most important first steps for startups and other businesses. Countless companies struggle to get this right. Ryan Smith, the founder of Qualtrics, mentioned the importance of getting the hiring and right team in place when trying to scale. This is especially true in sales. After working with sales teams in nine different countries, 23 different industries and over 10,000 phone calls, I’ve devised this list of the top eight must-haves for your sales team. Trust me. These apply whether you are in-home services, SaaS sales, business service sales, insurance or even a coach or consultant yourself. 1. You must have a script. Selling success requires emotion. Your team will not sell well unless the unit can generate consistent emotion from prospects. How do you create constant emotion? Simple: Use...

Having a relationship with a successful retailer can help increase revenue and grow customer loyalty by allowing retailers to share data, learn from each other, and increase awareness. How Can Partnerships Increase Revenue? + Those partners who are compatible with your DNA will be your best options. + Build relationships with partners. + Encourage your partner’s success with resources. + If new channels are available, be sure to take advantage of them. How Much Do Partnerships Increase Revenue? A company’s overall revenue is made up of 23% of partners. Partnerships typically grow their revenue at a 17 percent clip. In 2019, partnership development is the main initiative of 77% of companies and it will only grow in importance. What Are The Benefits Of Brand Partnerships? + Both brands gain greater reach when their respective audiences become larger. + Social buzz. And the fact that two companies are partnering means people are talking about each other. + A cha...

CEO & Founder @ Refocus, VP of Marketing @ Coding Invaders. EdTech enthusiast, investor, mentor and marketing expert. According to an article in HR Daily Advisor, mistakes in hiring sales managers can cost a company an average of $2 million in lost sales. These lost costs also impact recruiting, training and salary expenses. How you hire and the processes you develop in your sales department can affect the well-being of your current specialists, the speed of processing applications, how you deal with rejections and how your sales team and marketers work together. At my current company, we have found five effective tools that have helped us double sales in a highly competitive educational technology market. I would like to share them here with you. 1. A Three-Step Hiring Process Every year, companies all over the world spend billions on sales recruitment, training and development. The three-step hiring system can help you make reasonable decisions about applicants befor...

The retail sector is one of the most diverse industries in the U.S., encompassing everything from agriculture to automobiles to fashion accessories. Some retail sub-sectors, such as high-end clothing and personal-care retailers, can have famously high gross profit margins, but net margins for the industry tend to be low compared to other sectors.  This is especially true for web-only retailers, which often see low net margins. For example, Amazon (AMZN) had a net margin of less than 2% for several years prior to 2018, but today commands a market capitalization of $1.7 trillion and a net margin of around 7%. But what really is a good profit margin for retailers? Below covers the points to take into consideration when valuing a company's margins. Key Takeaways + Retailers tend to have profit margins that are lower than in other sectors.  + Grocery and food retailers generally have the lowest profit margins, while building supply retailers have the best margins....

Globally, social commerce is expected to grow three times as fast as traditional commerce to $1.2 trillion by 2025, up from $492 billion currently. Roughly 62% of this growth will be driven by millennials (33%) and Gen-Z (29%), with Gen-X (28%) and baby boomers (10%) trailing closely behind. In all, social commerce is poised to take a large chunk of the e-commerce market as consumers gravitate to doing their shopping on social apps. As someone with several years in the influencer marketing world, I’ve closely watched trends related to e-commerce and social commerce as platforms and the consumers using them have evolved to embrace new technologies and features. Social commerce offers something radically different than traditional e-commerce by carefully blending buying and selling with a sense of urgency across communities. Further, it’s altering who holds power within the global economy. Smaller creators, influencers and sellers are increasingly finding new avenues to attract...

Do you know what your business is worth?  Most entrepreneurs don’t have a solid understanding of what their business could be priced at in the marketplace, or how to even begin calculating its value. If your business is one of your—if not your biggest—assets, wouldn’t it make sense to have a plan in place to increase its value? The decision to sell a business is not one to make lightly. As one of the most significant moves a business owner can make, it’s important to make sure you enter the situation well-versed in the nuances of valuation so you can set yourself up for success and build a business that’s sellable from the start. Even if you have no immediate plans to sell what you’ve built, it’s important to gain insights on what strategies to use to grow your business so that you’re always positioned to capitalize on your investment. To help you navigate the multiple facets of business valuation, we’re bringing you a free webinar called Your Business and Its Value: How ...