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

Low-Skilled Workers Are An Untapped Asset If You Invest In Them Organizations around the world continue to struggle to attract the talent they need, with the shortage leading to intense competition between companies. This is prompting organizations to look wherever they can for the skills they need. A recent paper from Harvard Business School highlights how low-skilled workers are often an untapped resource, and that improving the skills of workers already on the payroll is often a more effective solution than looking externally. The report reveals, however, that low-paid workers are often criminally underinvested in by their employers, with many succumbing to the belief that there is a naturally high turnover of such staff, so there is no point in investing in them. "Most employers show little engagement in workers’ lives, provide minimal support for skill-building, give infrequent or unclear feedback, and offer almost no guidance on career pathways," the authors ...

As the jobs market remains tight (mass layoffs and hiring freezes in tech aside), companies are laser-focused on retaining staff. One of the areas they’re investing in is upskilling, which aims to teach employees new skills in departments with which they’re unfamiliar. For example, Walmart announced in 2021 that it would invest nearly $1 billion over the next five years to provide its employees with access to higher education and training. Unsurprisingly, “skilling” platforms have benefited enormously from these investments. According to Crunchbase, upskilling and reskilling startups raised $2.1 billion from VCs between early 2021 and 2022. One of the winners is GrowthSpace, founded by Omer Glass, which leverages algorithms to match individual employees and groups of employees with experts for development sprints. The company today announced that it raised $25 million in Series B financing led by Zeev Ventures, with participation from M12 (Microsoft’s venture fund) and Vertex Vent...

By Henrik Grim, MD of Europe for Capchase, discusses why fintech startups might want to think twice before reducing their headcount in this period of economic uncertainty If you’ve been paying any attention to tech commentators recently, it will have been difficult to miss the coverage on the number of startups making layoffs or introducing hiring freezes at the moment. After explosive growth and the sky-high valuations of recent times, the current trend is a less positive one, and it is widely recognised that the fintech bubble of the past few years is beginning to burst. While money is still available, the market is becoming more risk-averse, with funding less easy to access and rounds less frequent. This means that founders are looking at how to control costs and manage their capital effectively to extend their runway for as long as possible. Many of these startups are looking to reduce their headcount, often following a period of rapid expansion as businesses benefited from ...

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...

© Emilija Manevska The easiest question to answer in high-growth entrepreneurship is: Why do so many startups fail? After more than 20 years of investing in startups and working with entrepreneurs, I can say with conviction that most startups fail because they didn’t solve a market problem with a scalable solution that customers wanted to buy. That begets the next question: Why is it that so many bright, determined entrepreneurs — innovators, who are willing to risk time, reputation and money to build a technology-based business — fail to solve market problems that produce sales? The reasons are many — blunt and nuanced. It can be a matter of execution — the company burns through its cash before achieving the critical milestones that lead to breakeven and additional funding or revenue. Sometimes the competition gets there first, or recession or a black swan event (think pandemic) hits. Or just maybe, the startup founders didn’t do the right job of customer and market ...

When adopting new habits, be sure to always choose those that will have a positive impact and give your life true meaning. Grow Your Business, Not Your Inbox Stay informed and join our daily newsletter now! June 1, 2021 5 min read This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Opinions expressed by Entrepreneur contributors are their own. Have you ever wanted to create new habits but still haven't achieved it? Do you always fail in the attempt? Are you one of those who procrastinate all the time? Without a doubt, adding new habits to our life is not an easy task. However, these will lead us to make great achievements, meet our goals and objectives or, on the contrary, those that will keep us within a comfort zone, without illusions or purposes and living a life that we do not want. When adopting new habits , be sure to always choose those that will have a positive impact and give your life real meanin...

Published: Tues., March 23, 2021 If someone were to ask you to describe an entrepreneur, you’d probably think of someone in a suit making high-stakes deals, or a tech guru in Silicon Valley developing the latest app and getting it out on the street. Or maybe you stayed closer to home and thought of the University of Nebraska–Lincoln students who founded the wildly successful sports start-up, Hudl. You probably didn’t think of a scientist in a lab coat, someone writing a grant proposal, or a teacher working with undergraduates. That’s because we tend to think of academics as solitary thinkers who are tucked away at the bench or in the library, working long hours on a small part of a problem. This imaginary academic discovers information that other people apply to solving real-world problems. You may think that you have to choose to be one or the other, when you can take some of the positive characteristics of the entrepreneur and apply them to being a graduate student. Successf...