SUBSCRIBE
Home Blog Page 584

Why are the Costs of Kids Go Karts Rising?

Sam Allcock
-
0
Why are the Costs of Kids Go Karts Rising?

Go karting is the latest trending outdoor sport for kids. They’re fast, they’re fun, and they’re a great way to get outdoors and burn off some energy. But go karts can also be a great investment. In addition to providing hours of fun, go karts can help develop important skills like balance, coordination, and spatial awareness among kids. They can also teach kids the basics of vehicle maintenance and physics. But finding affordable go karts are becoming tough these days. It seems that their prices are going up every year. For example, brand new karts cost approximately £1900 or more. On the other hand, second-hand karts may cost around £1200.

Factors that contribute to the cost

There are several factors that contribute to the cost of kids go karts. Here are some of the factors that you need to keep in mind before buying:

1. Type of go kart

The type of go kart you choose usually decides the amount of money you finally have to pay. A few common models that you may come across are as follows:

● Pedal Go-Karts – Pedal go-karts typically have four wheels and a simple frame and can reach speeds of up to 15 miles per hour. They are ideal for kids between 4 and 12. Some models also have features like hand brakes and gearing, which allow the user to control their speed and direction more precisely.

● Off-Road Go-Karts – Off-road go-karts are a type of vehicle that is designed for use on rough terrain. It may be suitable for a teenager who has some experience in go karting. They have large tires and a more powerful engine than a standard go-kart, which allows them to handle the challenges of an off-road environment.

● Electric Go-Karts – Electric go-karts use an electric motor instead of a gas engine. They are reputed to be quieter, more environmentally friendly, and easier to maintain than gas-powered karts. Electric go-karts typically have a top speed of around 23 mph, making them well-suited for use on indoor tracks for kids or other short racing circuits for adults. Most electric go-karts use lead-acid batteries, although some newer models are powered by lithium-ion batteries. This is one of the reasons why the cost of these karts is more than their counterparts.

● Gasoline-Powered Go-Karts – Gas-powered go-karts are small, four-wheeled vehicles powered by gasoline engines. They are often used for racing and recreational driving. Go-karts vary in size and power, but most are able to reach speeds of up to 60 mph. They usually have two-stroke engines, which are lightweight and provide high power-to-weight ratios. However, four-stroke engines are becoming more common in go-karts due to their increased reliability and lower emissions and as a result, the prices of the karts are going up.

2. Purpose

Why are you buying a go kart in the first place? Is it for your kid’s recreational purposes, or do you want him to become a professional and race on go karting tracks? The answer will decide how much money you have to spend. Go-karts can be powered by a variety of engines, including gasoline-powered engines and electric motors. These models are quite expensive, and it would be better if you assess the features and functions of different models before buying. On the other hand, some go-karts have pedals, like a bicycle, which makes them environmentally friendly. These are for recreational purposes and don’t cost as much as an electric or gasoline-powered model.

3. Size

Go-Karts come in a variety of sizes to accommodate riders of all ages and sizes. The average go-kart is about five feet long and three feet wide, with a weight capacity of around 200 pounds. However, there are also mini go-karts that are just three feet long and two feet wide, with a weight capacity of around 100 pounds. These are ideal for small kids. And then there are larger go-karts that are six or seven feet long and four feet wide, with a weight capacity of around 300 pounds that are suitable for teenagers.

Needless to say, the bigger the size of the kart, the more you have to pay. Moreover, the type of engine also plays a crucial role. Make sure you consider the size and the type of engine because these two factors contribute heavily to the price of the kart.

4. Brakes

The brakes on a go-kart are essential for safety and performance. There are two main types of brakes used on go-karts: mechanical and hydraulic. Mechanical brakes are the most common type of brake used on go-karts. They work by using a friction material, such as pads or shoes, to create resistance when the brake is applied. This resistance slows down the wheels and eventually brings the kart to a stop.

Hydraulic brakes work in a similar way, but they use fluid pressure instead of friction to create resistance. As a result, hydraulic brakes are typically more effective than mechanical brakes and are often used on higher-performance go-karts. Karts with mechanical brakes are more affordable than the ones with hydraulic brakes.

5. Mileage

Go-karts are notoriously difficult to get an accurate mileage estimate for – many factors such as terrain, the weight of the driver, and tuning of the engine can affect how far the kart will go on a full tank of gas. However, it is possible to make some assumptions based on the size of the engine and the type of Go-kart. For example, a standard two-stroke engine that is 200cc will have a range of anywhere from 15 to 25 miles per gallon, while a four-stroke engine of the same size will have a range of 10 to 15 miles per gallon.

The type of Go-kart also makes a difference – off-road karts typically have shorter ranges due to their higher ground clearance and wider tires, which create more rolling resistance. Conversely, karts designed for racing tend to have longer ranges as they are tuned for higher speeds and usually have lighter bodies. But the bottom line is that the kart that provides the maximum mileage will have a higher price. If you want to invest in a go kart for racing purposes, you will have to spend on a model that has high mileage. This means you will end up spending much more than someone who buys a go kart for recreational needs.

Go karts are a great way for kids to have fun and get some exercise. If you’re in the market for a go kart for your kid, be sure to consider all of your options and remember to buy kids go karts from a reputable dealer. There are some great online suppliers with lower cost than stores.

Sergey Matsotsky — Curriculum Vitae: a passion for IT and travel

Sam Allcock
-
0
Sergey Matsotsky — Curriculum Vitae: a passion for IT and travel

Career:

1984 to 1990 – Head of the Unit, Central Geophysical Expedition of the Ministry of the Oil and Gas Industry of the Soviet Union

1990 to 1992 – Director of Commerce, JV “Intermicro” (Moscow city)

1992 to 1997 – Founder and executive director of IBS

1997 to 2012 – CEO and Chairman of the Board of the IBS Holding

2012 to 2020 — Strategic management of IBS

2020 – Withdrawal from IBS, creation of the GS-Invest holding

Education and the first job

Sergey Matsotsky is a born Muscovite, born on February 25, 1962. He got interested in software programming as early as his school days. The specialized school No. 444 was the first in the USSR ever to train software programmers. “In high school, we wrote some programs on punched cards. We dreamed of writing a software set for the card game of preference”, recalls Matsotsky.

After school, he entered the Moscow Institute of the Petrochemical and Gas Industry for a degree in Applied Mathematics. After graduating from that university, he immediately started a job working along the same business line – a system software engineer (programmer) in the USSR Minneftegazprom (the Ministry of the Oil and Gas Industry). He headed a division of the Central Geophysical Expedition there later on. “The unit was called “expedition”, but in fact it was a giant computing center. What is geophysics? – it is actually computer accounting”, says Sergey Matsotsky.

From the Ministry into business

While the oil and gas industry was actively developing in the 1980s, Matsotsky took part in some large projects, including international ones – some with India, Malaysia and other countries. With the beginning of the “Age of Change” of the late 80s, stagnation began in the state-owned entities. Many employees started moving to the newly established commercial companies.

Sergey Matsotsky went on to join the Intermikro joint venture in 1990 along the same trend. As head of the commercial department, he gained his first experience in business there. The company was dealing in publishing systems and the Kommersant daily newspaper became one of their first customers.

At the end of 1992, Matsotsky became an entrepreneur himself – he established the Information Business Systems (IBS) Company with a partner, which later became the largest system integrator and it is still in the market.

Matsotsky at IBS

Initially, Sergei Matsotsky, whose professional career has been associated with IBS and its projects for 27 years, held the position of an Executive Director. Then, since 1997, he was appointed General Director and Chairman of the Board of the Holding company. In 2012, he moved away from the operational management, focusing on the business development strategy. Later on in 2020, he left the business, while giving priority to the new projects of his own.

In the late 1990s, the company successfully managed to attract large international investments, and in 2005 went public generating an additional $113 million.

“In the 2000s, the country’s economy grew rapidly. People began to realize that information technology, while not being a great thing in itself, could be very useful for the businesses. We started learning how to use the IT to manage finances, supplies, supply chains, procurement and marketing. The whole thing was very interesting,” says Sergey Matsotsky.

The first decade of the new century was an eventful one for the IBS. One of the companies within the holding, the DEPO Computers, launched its own production of computers in 2002. The business was later sold to its top management. At the same time, IBS was successfully developing on the international markets: the Luxoft, a division for corporate software development, started working for global corporations. The company’s customers were Deutsche Bank, the US Department of Energy, Boeing, the IBM. The business was sold in 2019 for $2 billion.

New business

In 2020, Sergey Matsotsky (Wikipedia) left the IBS business and its management to pursue his own projects within the GS-Invest Holding, a new company of his own. He believes that the time of big slow bulky companies is over. What is really needed is small flexible teams that can operate quickly and with the maximum concentration of resources along the same business line.

“All the companies within the GS-Invest are very different. In addition to specializing in various services and technologies, there are different corporate cultures and values, and different leadership styles. It is simply impossible to combine them into one living entity. And this is good: they are successful in their original form, as they exist now”, Matsotsky believes.

Matsotsky’smanagement philosophy is partnerships with the top management of his companies. He is often giving advice, but he does not impose instructions and does not insist on any decisions. At the same time, the founder of all those companies shows vivid interest in projects and likes to be creative with the team.

Hobbies

In addition to IT,Matsotsky’spassion is travel. The entrepreneur has visited a total of 91 countries and is not going to stop. His wish list includes the Maghreb in Morocco, Petra in Jordan, Socotra Island in the Red Sea, Madagascar and Northern Australia.

Sergei Matsotsky admits that he does not like business books. “They are boring to me. It is probably not fashionable to say that. However, usually you catch the main idea of the book from the first pages, and then it repeats constantly. I don’t see the point in wasting time on this”, says Matsotsky.

At the same time, he loves fiction, for example, historical novels, modern prose, and classics

Energy Storage for Renewables – The Pros and Cons 

Sam Allcock
-
0
Energy Storage for Renewables – The Pros and Cons 

Renewable energy needs to be stored, just like any other energy. Wind turbines may capture power from the wind, and solar panels may capture power from the sun, but without effective energy storage, most of that power would disperse before being used.

There are also inherent limitations with most renewable energy. For instance, wind turbines only work when the wind is blowing. Solar panels only work when the sun is shining. Any house or business that relies on that energy will need an effective energy storage system or be left without power when the wind is still, or the sky is dark.

Where things get tricky is that energy storage itself poses sustainability problems. Capturing renewable energy in order to protect the environment does little good if our energy storage creates waste and pollution.

The Current Energy Storage Landscape

Currently, energy storage for renewable devices is dominated by traditional chemical batteries. Lithium-ion batteries are the most common. The issue with these lithium-ion batteries is that they produce massive amounts of pollution to create. The mining process alone creates a lot of carbon emissions and dumps pollutants into local water systems. Lithium is mined from salt brines, and the resulting flow of saline water into local water systems ruins the drinking water for locals.

There are social concerns, as well. Many chemical-batter mining operations are done in countries with little or no worker protections. This means that unethical employment practices abound. Child labor is a serious problem, generally unsafe and miserable working conditions.

Chemical batteries are also not very recyclable. Even the meager recycling that can be done requires a lot of work and, therefore, waste. The batteries need to be physically shredded to get out the recyclable parts. Many would say that an unrecyclable energy storage solution for renewable energy is patently absurd. Fortunately, there is a solution on the market.

Flywheel Energy Storage Technology

Flywheel technology has grown out of the potter’s wheel of ancient Mesopotamia. However, the people of that ancient place would not recognize modern flywheels. The devices are so massive that they use high-powered magnets to help support their weight. They function by using a dual-use motor to spin a mass around an axis and then store the created energy.

Flywheel energy storage has many pros over chemical battery energy storage, including:

  • 30 years of productivity per flywheel (and the technology is still improving)
  • High recyclability
  • Significantly fewer operating and maintenance requirements
  • No need for air conditioning, ventilation, or heating to operate effectively
  • The ability to function efficiently in both extreme heat and extreme cold
  • Greater than 86 percent round trip efficiency
  • No fire hazard posed

Flywheels do not require the harsh mining operations that chemical batteries do. They are, therefore, a kinder environment and socially.

As we discuss the merits of the technology, remember that it is still severely under-adopted. The technology has huge room to grow as it becomes more readily and widely used.

Amber Kinetics is the Company to Usher in the Dominance of Flywheel Energy Storage

Much of the world is just now waking up to the need for flywheel energy storage, but Amber Kinetics has been at it for over fourteen years. The company was founded in 2008 by Seth Sanders (Chief Scientist Dr) and Ed Chiao (Chief Executive Officer).

Amber Kinetics created the world’s first four-hour discharge, long-duration kinetic energy system. As of 2022, they produced over 916-megawatt hours and more than 578,000 hours of cumulative flywheel runtime. They’ve powered more than 302 houses and generated enough energy to power more than 67,000 houses.

Amber Kinetics did all of that while most of the rest of the world didn’t even know what flywheel energy storage meant to create a massive competitive moat around their business. They are a mission-driven company that saw a need more than a decade before the rest of the world started to recognize it.

Many competitors are starting to rise and make their claim to fill the world’s renewable energy storage needs. The world needs any companies that can do so successfully, but the fact is that Amber Kinetics is heads and shoulders with any competitor in the flywheel energy storage space. They have been living there all this time, waiting for when the world would fully realize its need for their solutions.

That time is now.

It’s All About the Song – How to Edit on Beat with Aaron Gibbes, The Head of Video Production at Artistic Initiative Agency

Sam Allcock
-
0
It’s All About the Song – How to Edit on Beat with Aaron Gibbes, The Head of Video Production at Artistic Initiative Agency

Undoubtedly, the right music selection can be the difference between a viral video reel and a video that falls into the dumpster of oblivion of an Instagram page.

Aaron Gibbes, the head of video production at Artistic Initiative Agency, recognizes music’s vital role in creating an engaging video. Over the years, Gibbes has become a voracious consumer of music, and today, his musically attuned ears are an asset for his work at Artistic Initiative.

“Music is a huge part of my life,” commented Gibbes during a recent interview. “I consume music daily. As soon as I get on my car, I connect my Bluetooth and go through my playlists or explore new music. This is what helps me choose the right music to make the perfect video.”

Nowadays, Gibbes and the rest of the Artistic Initiative team are pioneers of a new form of social media marketing, the agency coined as “High-End Social Media.” Artistic Initiative is breaking the paradigms of traditional social media marketing by translating the vlog-style format of the influencer world into corporate marketing. This innovative approach led this award-winning branding agency to become one of the fastest-growing social media marketing companies in 2021, opening two locations in less than one year in Atlanta, Georgia, and Houston, Texas.

As the head of video production of Artistic Initiative, Gibbes understands that any content creator must be a fanatical consumer of popular culture. For this Curaçao-native creative, his vast knowledge of music has become a critical tool for giving the high-end touch to the videos he creates. Today, the upbeats accompanying the video reels and vlogs produced by Artistic Initiative Agency have become part of the agency’s signature.

In a recent exclusive interview, Gibbes discussed the importance of making the right song selection when editing video reels and vlogs.

Within Artistic Initiative, Gibbes has become infamous for his magic hand for selecting songs and editing videos based on beat. He expresses at times feeling the pressure of upholding the quality that has characterized his videos in the past. Yet, his musical expertise gives him the ability to recognize the right song for each video.

“There are times that it’s hard finding the ideal song for a video, but my background in music has become critical,” said Gibbes. “I used to be a musical engineer back in the day, so I have an ear for music. At this point, I know what feels and sounds good.”

Years of experience have taught Gibbes not to start editing any clip without first selecting the right soundtrack for the video. Using this approach, the song beats become a template that Gibbes can follow to facilitate the editing process, allowing him to meet the face-paced production that characterizes Artistic Initiative.

“The first thing I do to create a one-minute video reel is finding a song,” said Gibbes. “It’s easier to edit on a beat than to edit the footage and then trying to match it to a song.”

Gibbes explains that in editing, music serves the dual purpose of working as a template and setting the video’s tone. The wrong song selection can completely distort the message transmitted in the reel or vlog.

“I see what the event was about and start brainstorming songs,” said Gibbes. “I ask myself, ‘ok, do I need a slow beat, do I need a fast beat, do I need something emotional?’”

However, Gibbes is not afraid of sometimes going off script and challenging established standards. He takes full advantage of the creative freedom that his position at Artistic Initiative grants him to subvert audiences’ expectations by experimenting with different genres.

“Sometimes I try to innovate by picking a beat that technically does not match the video’s subject,” explained Gibbes. “However, it almost always works out, and the end result blows my mind.”

Over the past year, Gibbes and his peers at Artistic Initiative Agency have challenged the canon of social media marketing. With its innovative approach to filming and editing, Artistic Initiative has become the leading figure of a new movement inside the online marketing industry.

Today, Artistic Initiative Agency is working on the development of the Artistic Initiative Academy Project. This multimedia learning experience will teach creative entrepreneurs and business leaders the keys to developing a social media brand and curating content with the Artistic Initiative’s high-end signature touch.

Digital wallets & A2A payments: Token drives growth in Open Banking

Sam Allcock
-
0
Digital wallets & A2A payments: Token drives growth in Open Banking

Token strengthens its position as market leader, driving exponential growth in Open Banking payments 

Token is working with customers from across verticals to power a shift from traditional payment methods to Open Banking-enabled A2A payments in the UK and Europe

London, 14 June – Open Banking payments are going from strength to strength in the UK and Europe as use cases continue to expand, with Open Banking platform Token.io at the heart of developments. 

In the UK, the Open Banking Implementation Entity (OBIE) recorded a 210% growth in Open Banking payments between April 2021 and April 2022, with Token driving over 20% of this traffic. By the end of 2021, the cumulative total for Open Banking payments volume stood at 26.6 million – an increase of more than 500% in 12 months. 

Whilst the UK is an Open Banking pioneer, Europe is now keeping pace. Juniper has predicted that Open Banking payments will exceed $116 billion by 2026 – a 2800% increase in five years – with Europe set to account for 75% of this total as Open Banking payments become a key driver of e-commerce growth. 

Against this backdrop, Token has emerged as the clear market leader, enabling the growth of faster, fairer, frictionless Open Banking-enabled account-to-account (A2A) payments across the UK and Europe. 

Following its latest $40 million funding round, Token is further expanding its connectivity network while recruiting additional talent to accelerate the development of its capabilities. In April 2022, the company boosted its executive team with the addition of Chief Product Officer (CPO) Charles Damen (ex-Worldpay, Thunes, Bumble/Badoo) and Chief Technology Officer (CTO) Artashes Torosyan (ex-Optio Pay). 

Todd Clyde, CEO, Token, said: “We’re seeing a huge, and growing, appetite for A2A payments across the UK and Europe, with the market recognising they represent the future – fast, fair and frictionless.”

Todd Clyde – CEO of Token

“As A2A payments increase, the use of traditional payment methods, such as cards, is set to decline. FIS WorldPay’s 2022 Global Payments Report, for example, predicts that by 2025 cards will account for less than a third of global e-commerce transaction value.”

“Our laser-sharp focus on payments has enabled us to develop deep functionality that makes accepting direct A2A payments elegant and simple. We’ve adopted an approach that empowers other players in the payment value chain to bring A2A payments, and the benefits associated with them, to their customers. We’re now processing tens of millions of open payments annually for the UK and Europe’s payment service providers (PSPs), gateways, banks and large merchants.”

With Token’s complete Open Banking toolkit, businesses can create new capabilities and revenue streams, blending API-based payments and data to reinvent financial experiences faster and more efficiently. 

Token is powering A2A payments across the entire payments ecosystem and helping to increase use cases day-by-day. The company is working with Mastercard, HSBC and a host of leading PSPs, such as Trust Payments, Nuvei, Everpay, eCommpay, Straal and Contis. Token is also providing connectivity to Open Banking platforms Volt and TransfrPro. In addition, Token has partnered with ShoppingOS, which has developed an elegant no-code Open Banking payments WooCommerce plug-in for merchants, and Prommt, which delivers slick, branded payment requests across all popular messaging channels and payment gateways.

One particularly prominent use case is A2A payments as a means of loading wallets or digital accounts. Token enables A2A payments for a number of providers, including:

  • Sonae Universo, partnered with Token to enable account top-ups via Open Banking payments for Universo’s flagship credit card product.  
  • Rewire, provides cross-border banking solutions and ensures migrants’ financial services accessibility.
  • Coingate, a Bitcoin and crypto payment processor. 

Token’s technology is also underpinning the emergence of A2A payments in physical stores across the UK and Europe. 

In the UK, Token customer Sway is turning mobile phones into payment terminals to bring A2A payments to retail stores. Merchants simply download the Sway app, connect their bank, and generate a unique transaction QR code. Customers then scan the code and authenticate the payment in their mobile banking app for a fast, frictionless and secure in-store payment experience. In Europe, BNP Paribas’ Instanea solution, with Open Banking connectivity provided by Token, is also delivering A2A payments as an alternative to card payments in stores at Castorama locations across France.

Founded in 2016, Token is driving the shift from traditional payment methods to faster, lower cost and more secure A2A payments. It currently processes tens of millions of live transactions in 16 European countries. By providing API connectivity to banks across Europe, Token delivers rich Open Banking payments functionality to payment service providers, gateways, acquirers, banks and large merchants.

The Benefits of choosing Comodo for your SSL

Sam Allcock
-
0
The Benefits of choosing Comodo for your SSL

A crucial part of choosing an SSL is the Certificate Authority (CA). CAs are companies that issue, revoke, and manage the overall SSL certificate ecosystem across the Internet. It’s a pretty big job. But unfortunately, like most things, not all CAs are created equal. In this post, we’ll discuss why that is while recommending you choose Comodo SSL CA for your SSL. Read on to find out why.

The importance of a trusted CA

Let’s take a closer look at what a CA does and why trust is a massive part of that. CAs don’t give out SSL certificates to just anyone, especially if you choose an SSL certificate with a high validation level, such as organization validation or extended validation. CAs need to perform checks into the SSL requestor with these certificate types, investigating their existence through government records and various other means. So when you get an SSL from a CA, they’re not just allowing you to encrypt your site’s connection, but they’re authenticating who you are and authorizing you to have their SSL.  A CA does this by signing your certificate with a unique signature.

This signature is incredibly important for having your site work in major web browsers. Before a browser loads your site, it will perform what is known as the SSL handshake with the server where your site is stored. It’s an authentication and verification process, and part of this is checking which CA issued and signed your SSL. It will check the CA against a database of trusted CA root certificates. If your CA is not considered trustworthy by the browsers, its root certificate will not be in this database, and your site will likely not work correctly in the browser. Basically, choosing a CA that’s not trusted is almost like not having an SSL at all. What’s the point if it doesn’t work? That’s why it’s so important to research a CA before buying an SSL certificate. Your SSL’s issuing CA must be well regarded and considered trustworthy.

Fortunately, that won’t be a problem with Comodo.

Why Comodo?

Comodo is one of the world’s leading CAs with over 20 years in the Internet security business. In this time it has worked with upwards of 70,000 companies worldwide and issued over 100 million digital certificates, accounting for 34% of the SSL market currently. By choosing Comodo for your SSL certificate, you don’t have to worry about trust being an issue. Because of its status as a powerhouse in digital security, global enterprises and web browsers know to trust Comodo. Furthermore, Comodo’s experience in providing cutting-edge digital security solutions means that you’ll get a quality product every time.

Related: Best Laptops For Cyber Security

Wrap up

When choosing an SSL certificate, don’t risk getting stuck with a shady CA. Issuing CAs are more important than people think, and choosing the wrong one could be the difference between your website working or not working. Take away any possible risk by choosing Comodo CA.

The perfect strategy to earn more money 

Sam Allcock
-
0
The perfect strategy to earn more money 

We are unconsciously driven towards finding new ways to make money, to increase the liquidity of our bank account as if it were a real reason to live. Some people, in their quest to earn more money, have even gone so far as to eliminate from their daily routine any activity that does not bring them money or at least does not allow them to gain immediate benefits, such as earning money. Those who want to earn money should not indulge in the frenzy of looking for new jobs, selling their most prized possessions, or following the dubious advice of some online guru, who promises them easy and secure earnings. These methods are wrong because they will only take away a lot of precious energy, leaving you with the same amount of money you had before. What you need is a strategy, a well-thought-out plan that gently and almost unconsciously leads you to increase your earnings, as if it were a natural process. Many people believe that in order to earn more money, you need to perform grandiose and shocking actions, such as looking for a well-paying job or selling a car, a flat, or any of the material possessions that can get you money quickly. But in order to earn more money, you must first work on your mind, on your perception of reality. Wealth, after all, is a state of mind. You must train your brain and your mind to think like a millionaire, eliminating all those uncertainties and doubts that are only obstacles to increasing your wealth. With a few simple steps and a winning strategy, you can immediately move towards a future in which you will not have any money problems, indeed, towards a future in which the money at your disposal will even seem too much.

Identify your goal

Before you start devising a strategy to earn more money, you must have your goal clearly in mind. The end goal may be to double or triple your current earnings, or to obtain a certain amount of money in a certain period of time. Give yourself clear, measurable goals and write them down somewhere, even simply on a piece of paper. ‘Make more money’ is too general a goal to be taken seriously.

Now is the time to take action. The first step is of a purely analytical nature: take another piece of paper and list your daily activities. From this list, you can immediately identify all those that enable you to earn money, and also those that are unproductive. If the former is in the minority, it means that it is time to change something. If your goal is to increase your earnings, there will have to be many more daily activities for this purpose.

Monetise your knowledge

Some people are unaware that they already have the means and knowledge to earn more money: in the era of social media and platforms for content creators, everyone can make their knowledge in a specific field available and monetise it, perhaps by creating courses, lessons or guides to support beginners in a specific professional field.

To accustom your mind to a wealthy lifestyle, you should also read a few books on wealth, on the lifestyle of wealthy people, thus starting to familiarise yourself with a state of mind that, with a bit of luck, could soon become yours too.

Diversification is also a good way to earn more money. Your income does not necessarily have to come from a single source. Download the eBay app and start selling all those small items that you no longer need. By devoting some time to this activity on a daily basis, you will certainly be able to turn it into an additional source of income.

A winning strategic approach has also been successfully employed by some online gambling portals. Within these platforms, each user can find guides that explain in detail the best strategies for placing their bets online, starting with the choice of the best site on which to place their bets. These guides have been compiled by the site’s team of experts, all professionals in the field, who have also carefully selected each individual betting site based on its online reputation and its punctuality in delivering winnings. The assortment of betting sites offered by these portals, also, for this reason, is, therefore, a guarantee of absolute security.

Once you understand that wealth is a state of mind, everything else will follow. You will get used to considering money as a mere concretisation of a number, nothing more.

Tools to incorporate for your startup company

Sam Allcock
-
0
Tools to incorporate for your startup company

Starting a business might be challenging as most entrepreneurs can’t deploy top-notch marketing team and tools but at the same time needs to compete with an already established firm.

Fortunately, some tools can help you get off the ground by putting your business on the right track at no or less cost.

Finding the right tools and a solid team can make you scale heights as an entrepreneur. The right tools will make you build your brand, increase productivity, and provide the best customer experience. How you leverage these tools will determine the success or failure of your business.

Many tools online can help you start your business, and these tools are categorized according to their performance. This guide will look at some categories: email marketing tools, social media marketing tools, SEO tools, content marketing tools, and project and employee management tools.

Social media marketing tools

Social media platforms have gained dominance in recent years as more people take a lot of their time on these platforms. Entrepreneurs have leveraged the use of social media platforms to promote their brands. As a startup, you can also do the same.

Promote your brand on social media before or on the day of the launch of your startup. Social media platforms are many, making it challenging to decide which one to use. For the best exposure of your brand, you can try using tools like Buffer, Hootsuite, Social Rank, etc.

You can also use your social media channels like Facebook, Instagram, and LinkedIn to market your brand further.

Email marketing

Email marketing is vital to the success of your startup as it is one of the best yours to market your business. There are many email market tools; some are free, and some are paid for.

These email market tools play a crucial role in your startup as they help optimize, set up, and automate your emails. Email marketing tools include Mailchimp, Sendgrid, Zapier, ActiveCampaign, Gsuite, etc.

Human resource tools

HR handles a variety of tasks so do the HR tools. For example; UK HR software can help startups with administrative tasks like managing timesheets, evaluating employee performance, testing candidates during interviews, etc.

Before you pick the best HR tool for your startup, have a detailed plan and evaluate what you need most. Here are some HR tools to incorporate into your startup; kissflow HR cloud, Zoho people, Breezy HR, ADP, etc.

SEO tools

For your startup to be visible and get attention in the online space, you need to be a friend of search engines. Search engine optimization will help you grow your business organically, thus increasing your startup’s chances of being profitable and successful. With SEO, you can optimize your website and content for easy recognition by Google or other search engines.

There are many SEO tools to get you going; they are Google Analytics, Hubspot, RankRanger, Moz, Ahrefs, Raven, SEMrush, etc.

Employee and project management tools

Many startups have few projects and a small team to manage. Therefore, there is no need for employee and project management tools. But, remember, you’ll not stagnate there; you’ll start growing; you’ll need these tools, but unfortunately, you might not know how to use them. It would help if your start using them at the beginning of your business.

The employee management tools will help you manage the information about your employee, their engagements, and performance. To effectively manage your employees, you need the right tools. Employee management tools include; Connecteam, Workday, Gusto, Kissflow, Bullhorn, Litmos, Cornerstone, etc.

Project management tools include Monday.com, Zoho projects, Asana, Trello, etc.

Customer relationship management

It is good to focus on improving customer service as a startup. To do this, you need CRM tools. There are free CRM tools available for startups with upgrading options. Here are some CRM tools you can use: Monday.com, Pipedrive CRM, Zoho CRM, HubSpot CRM, Zendesk CRM, Salesforce CRM, etc.

There are many tools online that can help you in your day-to-day activities for your startup, like UK HR software. Choosing the right tool will see your startup has an upwards trajectory for success.

Know Why Your Business Needs SAP ERP

Sam Allcock
-
0
Know Why Your Business Needs SAP ERP

Being a businessman, you should realize that business is another name of competition. When you initiate your startup, you first mark the competitors in the industry to set goals. If you know the resources they use, you will want to use the same or better. In today’s time, companies are heading to digitalization. Are you ready for this change as well? Do you know anything about ERP software? The word ERP stands for Enterprise Resource Planning and is a must for all businesses today. What does ERP software do? It automates business procedures. Ideally, you should use the SAP ERP system. If you try to install and set up ERP on your own, you may run into problems as it is a time-taking and complex procedure. Also, you may be worried about whether it will be useful or not. This blog explains the reasons why enterprises need it.

ERP importance for a business

An ERP software serves as an information exchange tool while it centralizes and gathers data from various company departments for accelerating the information flow. CEO and the managers directly access the gathered information to speed up the decision-making procedure. The importance of ERP software is based on what it can do for your company. It streamlines and automates regular company activities to manage a variety of business duties. The software develops a more efficient and precise process while also providing a complete 360-degree view of your company’s internal and external operations. Businesses can improve user efficiency and productivity by using ERP. Now, let’s explore the benefits of using ERP.

1.    Data Management at the advanced level

Company performance and measurements are critical for evaluating corporate success and setting future goals. Although, as a company grows, manually calculating sales margins, profit ratios, and other indicators becomes increasingly difficult. ERP adds automation to the company by allowing employees across the firm to examine shared data without having to keep manual records. This also enables the creation of synchronized reporting on key business indicators. For fast decision-making, instant access to data is critical.

2.    Cost-effective solution

It also aids in the reduction of administrative and operational costs through the use of precise and real-time data. It also allows producers to better control operations, avoid manufacturing delays, and break up information, allowing officials to make more informed decisions.

3.    Increased mobility

The advantage of ER software is its ability to focus on customers, with deployment types that provide street sales representatives the same opportunities as in-office customers to utilize enterprise resource planning software wherever they require. Users using ERP software have access to a centralized database from any location and on a variety of devices, including a laptop. ERP software’s adaptability is critical as it boosts productivity and makes data accessible from anywhere.

4.    Analysis and Forecasting

It can be challenging to rely on people to deliver reliable data appraisal and reports. As there is no duplication of data, the ERP system eliminates the danger. The software provides real-time reports on any little event that happens in an enterprise. It is used for both risk assessment and performance reports.

Tips on Effective Employee Communication and How to Improve It

Sam Allcock
-
0
Tips on Effective Employee Communication and How to Improve It

Effective employee communication enables team members to have an in-depth understanding of the company’s mission, vision, and values. Unfortunately, employee communication is something that is often overlooked by businesses and it ends up costing a fortune. On the other hand, companies that pay attention to employee communication and work towards its improvement successfully increase the productivity of their workforce.

The success of a company is impossible without the existence of an engaged workforce. Effective employee communication can:

  • Improve cooperation between departments. All the departments in a company depend on each other for results. But their cooperation is only possible if communication channels remain open between them.
  • Promote harmony among a diverse workforce. It doesn’t matter what the social, religious, and ethnic background of your employees is when they can work together as a cohesive team. When employees feel heard, there will be less room for misunderstandings and dissatisfaction among the workforce.
  • Increase productivity of the employees. When the necessary information is relayed to the employees from the management, it will become easier for them to do their jobs in an effective manner.

Tips on Effective Employee Communication

Studies show that almost 46% of the employees do not have any idea about what they going to do soon after the meeting. Inadequate communication between the team members results in a lost trajectory towards business goals.

Keep in mind the design and visual communication principles when communicating with your employees, it goes long way. Include visuals whenever you need to communicate via email or any written form. You can use a flowchart marker to design visuals and add them to your email regarding the business processes.

If you want to run a successful business, then you must pay attention to employee communication. However, it is fairly understandable to feel lost in the beginning. But with the help of a few tips, you can figure out how to promote effective employee communication.

Use Simple Language

Technical jargon that is not related to the work of your employees could be confusing for them and creates misunderstandings. If the language of communication is not clear, employees will fail to do their job properly. It’s that simple.

When communicating with employees, whether verbally or through emails, it is important to use a language that clearly conveys your message. It will make it possible for employees to figure out how they should handle a task instead of confusing them with useless information.

Use simple, concise sentences when communicating with employees. It goes a long way. If it helps you, consider writing what you want to say to your employee, and then run that text through Grammarly app or Hemingway Editor so these tools can suggest ways to simplfy what you wrote. It’s an extra step, but it’s worth it and will promote clarity of thought too.

Be Concise

When explaining something to your employees, be concise and keep it to the point. Going into too many unnecessary details will waste everyone’s time. Your employees lose interest in what you are saying, and it would be hard for them to consume what you just mentioned.

For example, if you include unnecessary details in the weekly email that you send to your employees, the original message can get lost somewhere in the middle. The best way to avoid this problem is to always stick to the issue and avoid talking about irrelevant details.

Choose the Right Channels

Effective communication heavily relies on the channels you choose to share information with your employees. Since you understand your company’s dynamics better, you can figure out which communication channel would be the best for sharing important information.

It is also important to remember that relying on a single communication channel is not a wise option. For instance, an email could be the right option when a one-on-one meeting is not possible. It will help you make sure that there is no delay in communication when one channel is not available.

Normalize Two-Way Communication

A company that only focuses on telling its employees what to do and never listens to their voices won’t be able to last for a long time. If you really want your employees to give their best, make them feel listened to.

Two-way communication will improve the overall outcome of every project. When employees are given the option to share their ideas, they will feel eager to work for the success of the company. Make them feel heard by valuing their voice and normalizing two-way communication.

Be Respectful

When it comes to workplace communication, you don’t just want your employees to listen to you, but also to remember what you have shared and then act on it. However, if you are not kind and respectful during communication, your employees will not want to listen to you, let alone remember what you have told them.

If you want effective communication in the workplace, you will have to learn to be a good communicator, and the first step towards that goal is to be respectful. When communicating with your employees, use polite language and don’t disrespect anyone.

How to Improve Employee Communication

It is not uncommon to have communication problems within an office. Common causes behind such problems can be outdated communication models and ineffective communication strategies. Fortunately, you can improve the quality of employee communication by taking certain steps.

Meet with Employees Regularly

Before you expect your employees to start giving their 100% at work, you need to establish a rapport and build trust with them. Don’t be shy to have informal communication. Using informal communication helps them to open up.

For example, meeting your employees over lunch where you discuss their personal interests can help you establish a connection with them. And in order to gain the trust of your employees, you need to walk the talk.

Meeting regularly with employees will not only get them to trust you but also improve their performance at work. You can listen to their suggestions and complaints during these meetings. When you resolve their issues, they will feel heard and become more motivated to work hard.

Leverage the Power of Modern Communication Tools

The best way to keep your whole team informed of important decisions and to keep them in the loop while they are working on a project is to use a helpful employee communication platform. Such platforms open the doors to effective communication.

Since there are multiple communication tools and platforms available these days. Choose a platform that best suits your company’s needs. The platform you choose must not only be easy to use but should also allow you to broadcast information to all employees at the same time.

For example, you can opt for Slack and it’s alternatives and create different channels like ‘General’ or ‘Social’ where your team members can discuss topics related to their social life or common interests.

Ask for Feedback

In order to improve communication in the workplace, it is imperative to ask for feedback from your employees on a regular basis. It will not only make them feel heard but also allow you to make the necessary changes in your communication strategy.

Your employees can tell you whether your method of communication is helpful to them or not. You can also ask questions to gather additional information from your employees about their opinion on workplace communication.

Following the collection of feedback, leveraging an online HR system for small businesses or larger ones accordingly, can simplify the process of implementing communication improvements. It also helps to automate crucial tasks such as scheduling and attendance tracking.

Additionally, the HR system can store historical data, allowing you to compare feedback across different periods and measure the effectiveness of any changes made. This proactive approach not only enhances communication strategies but also supports a more transparent and engaged workplace culture.

Be Professional during Communication

You may be tempted to discuss personal matters with your employees. You will also find it difficult to control your emotions when communicating in the workplace. However, it is essential to keep your emotions in control and avoid personal matters if you want to seem credible to your employees.

It is important to remember that there’s nothing wrong with being friends with your employees. But problems arise when you become too personal with them. You should also avoid controversial topics when communicating with employees to avoid unnecessary conflicts.

Conclusion

Effective communication keeps everyone on your team stay informed and working towards a common goal. Now you have enough information to improve employee communication in the workplace and how to make strategies for effective communication, follow these tips to bring better results for your company.

Do you think we have missed any important tips on effective employee communication? Let us know in the comment section below.

1...583584585...1,106Page 584 of 1,106

ABC Money 2025 - 1st Edition

Magazine - 2025 Edition

Explore the latest insights, trends, and expert analyses in finance with ABC Money 2025. Stay ahead in 2025!

LEARN MORE

Leading news network for crypto, finance and business.

More from ABC

Contact

Contact: advertise@abcmoney.co.uk © ABC Money Team @ 2006

  • bitcoinBitcoin (BTC) $ 88,228.00 0.94%
  • ethereumEthereum (ETH) $ 2,990.33 0.78%
  • tetherTether (USDT) $ 0.998808 0.01%
  • bnbBNB (BNB) $ 860.70 0.24%
  • xrpXRP (XRP) $ 1.87 2.54%
  • usd-coinUSDC (USDC) $ 0.999882 0%
  • solanaWrapped SOL (SOL) $ 125.58 1.02%
  • tronTRON (TRX) $ 0.285019 0.79%
  • staked-etherLido Staked Ether (STETH) $ 2,989.33 0.8%
  • cardanoCardano (ADA) $ 0.358202 7.97%
  • avalanche-2Avalanche (AVAX) $ 13.53 10.04%
  • the-open-networkToncoin (TON) $ 1.69 3.6%
Enable Notifications OK No thanks