Tag: schedule

How does a lifestyle business differ from a Startup?

January 14, 2023
/ Leave a Comment on How does a lifestyle business differ from a Startup?

5 min
12 months
872 words

Tagged Digital, flexibility, freelancing, income, Lifestyle Business

How does a lifestyle business differ from a Startup?

Like every business, lifestyle business also has both merits and demerits. A lifestyle business is to bring changes in income and support the family.

Author: Jaya Ambika

Keywords:- Lifestyle Business, skills, startup, passion, schedule, flexibility, income, digital, freelancing

Lifestyle Business

A business will attain success when spending more time and putting in full effort. More than that, you should compete with all your competitors to promote your products. Financial availability is also important to run a business. Without all these, you can earn income with little effort in a business lifestyle business. No need to work from 9 to 5 daily. You can work freely and flexibly on your own time. Most people are willing to work like this. This has made changes in many people’s lives.

What is a Lifestyle business?

A Lifestyle business is a freedom-focused business to earn income to sustain a lifestyle that you want to live. You can start and run a business from anywhere at any time. Starting a lifestyle business is an easy and simple one. The business may be creating and selling digital courses on photo editing, freelancing, app development, influencer, starting an eCommerce business drop shipping, etc. All you need to start a lifestyle business is a laptop or PC and the internet. You can run your business from your home in a small town. Lifestyle business has changed people to turn their skills and hobbies into a business.

How to start a lifestyle business?

Before starting a lifestyle business, you have to do a self-assessment.

Identify skills

First, find the area or skill in which you are an expert. It depends on many factors like knowledge, passion, and how you want to work. For example, if you are good at photo editing then you can choose photo editing as your business.

Have right tools

After selecting the skill to start a business, the next is you have to select the appropriate tools to work. For the above example, you need a laptop or PC, photo editing software, the internet, and active social media accounts. Social media account helps you to grow your business.

Highlight skills

To get business orders you have to promote yourself to the clients. For the photo editing example, you can promote either by creating a website or by registering on freelancing sites with your skills. You can mention the photo editing software in which you are an expert.

How lifestyle business differs from a startup?

Startup business founders wanted to find solutions for the problem they are passionate about. If they get successful, then they will sell it to earn income.

But lifestyle businesses are started to boost the quality of their life or to lead a particular lifestyle.

A lifestyle business is a freedom focused. But the startup is a growth-oriented business.
It is mostly run by a single person or uses freelancers for some of its tasks like content writing, marketing, etc. But a startup hires a bigger team for its various functions like marketing, sales, engineering, etc.
The resources required for lifestyle are minimum and are a low-risk business. A startup needs venture funding to get started and is a high-risk business.
The founder has full control of the business. In a startup founder has no full control because there are investors to whom he has to report the growth details.

Advantages of lifestyle business:

Work schedule

You can work at any time when you are free from all your commitments. No need to work daily. If you get a work order, you will work.

Time spent at home

You will get time to spend with your families, friends, and relations. The business allows you to work from anywhere so you can enjoy your family vacation along with your work.

Explore your passion

Most people are bored and tired of doing the same type of work. A lifestyle business is converting your hobby into a business. So you will not get bored doing your hobby. You will try to learn about new things.

Income

The income you are earning is based on the time and effort you are putting into the business.

Disadvantages of a lifestyle business

Fluctuating Salary

Fluctuating salary is one of the main drawbacks. Each month you will get different income based on the work scheduled for you. If you are quitting your regular work and starting your business then you should be able to tackle all the situations.

Work Schedule

There is no regular time to work as in regular jobs. You have to wait until your business starts to run smoothly. Then only you can schedule the work.

Responsibility

The success or failure of the business depends on you. You should take responsibility and should be able to overcome failures. But some people neglect to accept the failures.

Conclusion

Like every business, lifestyle business also has both merits and demerits. A lifestyle business is to bring changes in income and support the family. You can do your passion in your own time in addition to your work also. After getting the success you can quit the job and go with your passion. Everyone likes to turn their passion into a business. Before entering into business have an analysis about your passion and then do it. Like the proverb, “Try, try, try until you get succeed”.

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Article

January 13, 2023
/ Leave a Comment on Women Empowerment in the Workplace

4 min
12 months
782 words

Tagged balancing, Organization, schedule, sexual harassment, Women Empowerment

Women Empowerment in the Workplace

Author: Jaya Ambika

Keywords: Women Empowerment, workplace, sexual harassment, balancing, schedule, organization

The modern world has given power for women to excel in all fields from simple work in a shop to space mission handling. Women are brave and strong enough to drive a train. But still, in some places, women’s harassment is taking place. After home, women are in their workplace where they need support and help from co-workers. Most women are succeeding by overcoming all the difficulties faced by they.

In some organizations, women are in top-level positions and they are making their organization a profitable one. These organizations are empowering women with a secure environment and allocating tasks on confidence. With the support and confidence of the organization, they are achieving success not only in their careers but also in the development of the organization. Women lead top companies.

Importance of Empowering Women in the Workplace

Women empowerment in the workplace makes them control over their careers. Empowering women makes them independent and gets equal opportunities and the ability to take decisions in their lives. Giving training, internship programs, mentoring, education grants, and promotion to senior levels make them strong in their career. It gives confidence and helps with career growth. The growth of women not only helps career growth but also the company’s growth. Harward Business Review in 2012 says, “Women are perceived as more compassionate and more empathetic than their male counterparts according to thousands of feedback analyzed”.

How to empower women in the workplace?

Empowering women in the workplace is not an easy one. Companies should involve them in breaking norms, allow them to learn from mistakes, and should accommodate women’s needs in companies and families. Here are given some ways to empower women in the workplace.

Provide Training and Internship

Companies can train their women workers to improve their skills and learn the updating in their field. Internships can also be given to women who are with employment gaps. The internship is not only for fresh graduates. This help to improve the various skills of women in other fields like marketing, service support, etc. Women can re-enter their careers using internship opportunities. This helps their career growth.

Pay with the right wages

In some companies, the wages are different for male and female workers who are doing the same type of work. The work and time are the same for both but the salary is different. This should be avoided. Both of them should be treated equally. Pay the women workers the right salary to feel confident. This makes them financially strong and able to handle family problems.

Trusting for handling new projects

New projects can be assigned to women workers. The project may be big or small and allocated to women staff. Assigning new projects or tasks helps women to learn new concepts and handling of a project. Making mistakes is human nature; let her learn from their mistakes.

Don’t talk about appearance

Always speak about positive things and make women feel better. Don’t talk about their appearance. This may cause an inferiority complex in the mind of women workers. This could also affect the performance of women workers.

Assigning Roles to Women

Women can be encouraged by assigning various roles from low level to high level. When high-level roles are given, she will attain leadership qualities. Promotion makes her feel self-esteemed. By promoting women to high-level posts, the companies are valuing them as equal to men. According to a Catalyst study, Fortune 500 companies with three or more women on the board outperform other companies with 53% more return on equity, 42% more return on sales, and 66% more return on invested capital.

Flexible work schedules

Today many companies allow women workers to work remotely from their homes. The hybrid model of working is trending now. This makes them strong enough to care for their families and from home makes women support their families financially. They can work at their flexible times.

Prevent sexual harassment

Women empowerment in the workplace, where the main thing is safety and security. Organizations must make them feel that they are in a secure environment. Safety is more important than anything else. They will work freely, happily, and efficiently if they feel secure.

Conclusion

Empowering women is not empowering an individual but also for the generations to come. Women can handle any situation with motherhood. She can solve problems more efficiently than men. A woman needs recognition in her workplace to put her efforts into work. When women are treated equally to men then they can achieve in their work. Women hesitate to work when safety is not provided.

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