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Showing posts from 2017

History of the Stock Market

With some exceptions in the world, a country’s economic success relates to the health of the country’s stock market. Despite the existence of various types of “bubbles” throughout history, stock market correlates with the expectations about the performance of companies in the real world. As companies cannot always do well, the same happens with the stock market throughout its entire history. Since the early days of the stock market, “booms” and “crashes” succeed each other around the world. The effects of a stock market’s sudden and massive drop in value, can have a chain reaction and cause disruption in almost every industry within an economy. On the other hand, an up trending stock market is directly related to the positive sentiment in the economy and the increased confidence levels of businesses and investors. While this system has certainly been around for many years, it is a fairly new economic structure, having only been invented and systematized a few hundred years ago.

How to Delegate Work to Your Employees

When it comes to being an entrepreneur, it never seems like there are enough hours in the day to get everything done. It’s no surprise that early on in your career, being an entrepreneur is synonymous with working long hours and weekends and doing the bulk of the work on your own. While having a strong work ethic is important, so is the ability to delegate appropriate tasks to your employees so that you can focus on the tasks that are important in growing your business. Early on in your career, your day is likely to be full of small tasks that are easy to complete, but as your business grows, these tasks begin to multiply and in order to stay on top of them you will either need to delegate the tasks or be forced to work constantly, never completing everything. In order for your business grow even more, tasks will need to be delegated to your employees. If you struggle with delegating tasks because you have a tendency to be a perfectionist, follow these tips to free up your mi

Avoiding Professional Burnout

One of the most stressful jobs imaginable is becoming an entrepreneur and trying to get a business off the ground. Since being an entrepreneur means taking financial and personal risks, it’s inevitable that stress could start to get the better of you after awhile. It’s not unusual for entrepreneurs to feel overwhelmed, overworked, and at the brink of exhaustion, but it’s a good idea to plan ahead before you completely burn out. According to  Psychology Today , burnout is a state of chronic stress that is a mental and physical health problem. Burnout typically occurs with those who are considered to be workaholics, who take on more work than is physically able to be completed and therefore feel like they aren’t doing enough. It’s important for entrepreneurs to know the ways to avoid burnout because, due to their long hours and commitment, they are susceptible to it and could put them further behind in their goals if they succumb to burnout. Don’t Skimp on Taking Care of Yours

The Art of Negotiation

The art of negotiating is a critical skill to master and is necessary in order to further your career, regardless of what field you currently work in. Negotiating and effective communication skills will help you when it comes time to pitching an idea to investors, putting together a project for your company, or even requesting an increase in compensation with your supervisor. No matter what you’re vying to gain at your next negotiation, using these tactics will impress the other person and help you convince them to see your vision. Think About What You Want What are your goals for this negotiation? What is the best possible outcome for this conversation? If you go into the negotiation not knowing exactly what you want, you can't expect to have a great outcome. Have a clear idea of what it is you want, how to get it, and aim high during the conversation. Be Prepared Know what you’re going to say and be able to articulate it accurately. If at all possible, brai