Term paper essays
Wednesday, August 26, 2020
Gender Stereotypes Essay Example for Free
Sex Stereotypes Essay Basically, sex generalizations will be speculations about the jobs of every sexual orientation. Sex jobs are commonly neither positive nor negative; they are basically mistaken speculations of the male and female qualities. Since every individual has singular wants, considerations, and emotions, paying little mind to their sexual orientation, these generalizations are staggeringly shortsighted and don't at all portray the characteristics of each individual of every sex. While the vast majority understand that generalizations are false, many despite everything make presumptions dependent on sex. There are numerous generalizations we may all be blameworthy of, for example, expecting that all ladies need to wed and have kids, or that all men love sports. Coming up next is a rundown of probably the most widely recognized sex generalizations as they relate to either men or ladies. Recall that these are generalizations since they guarantee to apply to all men or ladies. Female Gender Stereotypes Sex generalizations start the second a babyââ¬â¢s sexual orientation is discovered. When we discover itââ¬â¢s a young lady, we promptly start improving a pink nursery loaded up with delicate dã ©cor and butterflies and blossoms. We accept that our little girl will be girly and fill her wardrobe with frilly dresses and her toy box with tea sets and dolls. What this is basically doing, despite the fact that numerous guardians donââ¬â¢t acknowledge it, is setting our youngster up to be the ideal woman, and showing her how to be the cliché lady. We are instructing her that young ladies should wear dresses, serve food, and deal with babies; the greatest and most normal generalization put on ladies. Have you at any point viewed a young lady playing house? Indeed, even as youthful as five or six, she is very much aware that she should remain at home with the infant while the spouse goes to work, and she eats prepared when he returns home. Here is another generalization; ladies remain at home while men go to work. While there are a million sex generalizations about females, these are unquestionably the greatest, and the most bantered by women's activists of today. Some different generalizations include: Ladies should have clean occupations, for example, secretaries, instructors, andâ librarians Ladies are medical attendants, not specialists Ladies are not as solid as men Ladies should get less cash-flow than men The best ladies are housewives Ladies donââ¬â¢t need to set off for college Ladies donââ¬â¢t play sports Ladies are not government officials Ladies are calmer than men and not intended to stand up Ladies should be compliant and do as they are told Ladies should cook and do housework Ladies are answerable for bringing up youngsters Ladies don't have specialized abilities and are bad at hands on tasks, for example, vehicle fixes Ladies are intended to be the maiden in trouble; never the saint Ladies should look pretty and be taken a gander at Ladies love to sing and move Ladies don't play computer games Ladies are teases Ladies are never in control Male Gender Stereotypes Generalizing is the same when itââ¬â¢s discovered that a kid is in transit. The nursery is decked out in blue, his storage room is loaded up with small pants, polo shirts, and boots, and the subject is generally something like wilderness creatures or dinosaurs; something intense. Boysââ¬â¢ toys comprise of trucks, dinosaurs, activity figures, and computer games. From the earliest starting point young men are instructed to be intense, to be defensive, and to safeguard themselves. Young men are instructed that daddyââ¬â¢s go to work and mommyââ¬â¢s remain at home; from their perspective, young men have a great time and young ladies accomplish all the work. Is it accurate to say that you are astonished to hear that most guardians concede that they don't show their children how to do tasks, for example, washing dishes or collapsing clothing? Rather, they instruct them to take out the garbage and cut the garden; as it so happens young men are made to imagine that specific family errands are womenââ¬â¢s work. This is a significant generalization, however most of American householdsâ today would demonstrate this to be valid. Men should do the messy employments and anything that requires muscle, they are likewise expected to go to work and accommodate the family. Young men see this and the generalization proceeds. Other sex generalizations that incorrectly attempt to portray all men are: All men appreciate dealing with vehicles Men are not medical attendants, they are specialists Men do filthy employments, for example, development and mechanics; they are not secretaries, instructors, or cosmetologists Men don't do housework and they are not answerable for dealing with youngsters Men play computer games Men play sports Men appreciate outside exercises, for example, outdoors, angling, and climbing Men are in control; they are consistently at the top As spouses, men instruct their wives Men are sluggish as well as untidy Men are acceptable at math It is consistently men who work in science, designing, and other specialized fields Men don't cook, sew, or do makes Would you be able to perceive what number of these really are valid for some men or ladies that you know? They may even be valid for you actually, yet they don't have any significant bearing to each and every man or lady alive. That is the thing that makes them generalizations; the way that these things are thought of, the standard and expected of each male or female. Every individual is an individual and it is completely typical for a lady to maintain her own business while a man remains at home with the children. Then again it is likewise totally adequate for a man to be a medical caretaker or detest sports, or appreciate cooking. People are people; they are something beyond male or female. Our sex is just piece of what our identity is; it doesn't characterize us as individuals.
Saturday, August 22, 2020
Immigration In The USA Essay Example | Topics and Well Written Essays - 1000 words
Migration In The USA - Essay Example Another significant factor is instruction. Good instructive open doors tempt adolescents just as guardians to relocate for a more brilliant viewpoint in their childââ¬â¢s life. The nature of training can definitely influence a kid's life as far as way of life, character, and future. Western colleges empower dynamic learning and give a propitious grounds life to appreciate too. Political reasons assume a significant job in movement. A few people move to procure another personality, to show signs of improvement rights or only a superior living condition. Individuals likewise move to keep up a worldwide nearness in different nations. Also, some probably won't have a sense of safety in their own country because of political flimsiness and in this way wish to invigorate an ensured feeling for themselves. Man is a reasonable being and this workforce of sanity compels them to settle on specific choices throughout everyday life. As everybody is one of a kind, they have various inclination s. Outgoing people and work situated characters are well on the way to move alone for their fates and self-realization though family arranged individuals may move for an amassed advantage for their families. People may likewise be pulled in to finding their perfect partner in an alternate nation. Sociologists state that this arrangement of occasions starts with verbal exchange and others get pulled in to accomplish a specific way of life. Having all the causes together, the outcomes can be handily portrayed. Overpopulation is supposed to be the significant outcome of immigration.... Political reasons assume a significant job in movement. A few people relocate to acquire another personality, to show signs of improvement rights or only a superior living condition. Individuals additionally move to keep up a worldwide nearness in different nations. Also, some probably won't have a sense of safety in their own country because of political insecurity and accordingly wish to strengthen an ensured feeling for themselves. Man is a normal being and this workforce of judiciousness compels them to settle on specific choices throughout everyday life. As everybody is interesting, they have various inclinations. Social butterflies and work arranged characters are well on the way to move alone for their fates and self realization though family situated individuals may move for a collected advantage for their families. People may likewise be pulled in to finding their perfect partner in an alternate nation. Sociologists state that this arrangement of occasions start with informa l exchange and others get pulled in to accomplish a specific way of life. Having all the causes together, the outcomes can be effectively portrayed. Over populace is supposed to be the significant result of migration. Be that as it may, USA is honored with land and thusly its great conditions havenââ¬â¢t made such an issue. In spite of the fact that a few urban communities are thickly populated and different ethnicities are found in various states. The wide blend of societies has given the open door for individuals to blend among one another. The factor of investigation and resilience can likewise be taught because of such social blending. Nonetheless, issues do win. Minorities, for example, the dark are generally looked downward on and Asians (Pakistanis/Indians) are not given inclination (on occasion) in work places while neighborhood locals secure better positions independent of the competency personnel. The host nation, for example, the United
Friday, August 21, 2020
An Impactful Guide on How to Rise Up from Common Startup Failures
An Impactful Guide on How to Rise Up from Common Startup Failures A New-York based company CB Insights came up with an interesting research on why startups failed to take off. The report claimed â"42% of startups failed due to zero market demand, 29% ran out of funds even though they were in a profitable state, 23% failed to build the right team to oversee operations17% of them didnât have an existing business model. As seen above, all reasons are due to the extremely bad decision-making process by entrepreneurs on their part. They failed to do their homework before executing a specific operation and ended up under the rubble. Today, weâll provide you with information on basic startup traps and how to combat them.REASONS WHY STARTUPS FAIL SO OFTENFor every 10,000 startups, only one ends up becoming a billion-dollar company. And for every 1000 startups, only one receives funding from an angel investor. These statistics itself demonstrate how scary numbers can be and itâs no wonder why startups fail so often. But you donât have to repeat the common mistakes that many startups do. In fact, we give you our word, by the time youâve finished this guide, youâll have a better sense of judgment that will push you towards a successful path.Reason #1: Business Model FailureOptimistic entrepreneurs usually end up launching their brand with a positive idea that their service or product will undoubtedly do well as there is a demand for it. Sadly, this isnât how it works in the real world. Even if youâve got a great idea, customer acquisition is an expensive and time-consuming process. To understand the customer acquisition formula, we invite you to learn about two important terms â" CAC and CLV. What is CAC?CAC stands for Customer Acquisition Cost. Itâs a critical metric used by investors and companies to determine the value of each customer in comparison to their advertising costs. This metric also tells us how to optimize the return on advertising investments and where to focus the total cost to gain customers in the long run. With CAC a company can easily understand if they stand to make a huge profit in a given timeframe or not. Examples of CAC â"Any form of advertisementsIn-store displays and promotionsDigital marketing advertisementsSocial-media costsUpfront discount couponsProposal costsAny market research and data analysis conductedHereâs a real-time example to help you understand CAC better. Imagine an electronics company wants to sell its products to consumers and decides to adopt digital marketing campaigns and brochures to sell to its customers. So, letâs do the calculation as follows.Price of 1 Brochure = $1Total Brochures Printed = 10,000Price of Digital Marketing Campaign on annual basis = $1000Total Cost on Advertising (Brochure + Digital Marketing) = $11000Total Customers generated in that year = $1100(Total Cost on Advertising divided by Total Customers generated) = CACThe total CAC per customer is = $10In the above example, acquiring a customer for $10 is an extremely low p rice and the company will completely profit from this venture. Every customer must make a purchase of $10 every year for the company to break even with their advertising campaign.What is CLV?CLV stands for Customer Lifetime Value. Itâs a metric that demonstrates how much a customer adds to the net worth of the company in a lifetime. This metric is crucial to a company to understand if customers are long-term based and are worth spending money into advertising campaigns. It allows companies to understand how many ârepeat purchasesâ a customer is likely to make ensuring profits in the long run.Here are some factors to calculate CLVCohort analysis â" In this analysis, the company takes data from the behaviors of different customers and checks to see if they match a type of pattern. Once it finds a matching pattern, it puts all the customers with similar buying styles into one group to better understand how to increase a relationship with them to increase purchases. Example â" I f Jenny and Claire both buy women shoes 90% of the time, then both will be put into one single group and monitored until their buying trends change. Average revenue â" Another important factor to determine CLV is by analyzing the spending patterns of all users and taking the average of it. This approach doesnât take the behavioral aspect of the customer and simply analyzes the purchases of the customer.Example â" If Tom, Sam, and Peter spend $100-$300 dollars every month on products, then the average value will be calculated at $150 for all three of them.Now that we understand both the terms, we can see why they play an important role in helping an entrepreneur set up his business and assess his risks beforehand. While advertising is a great way to attract customers, it doesnât necessarily secure the profits of the company if the customers arenât making any purchases. These two metrics help in calculating the costs it takes to run a company while acquiring customers and how much a customer is likely to spend in a year. Reason #2: Running Out of FundsRunning out of liquid cash is quite common for many startups. Entrepreneurs spend so much time focusing on the product and service that they never stop to look at how to recover the capital or raise enough funding from other sources. The biggest reason many entrepreneurs donât pay attention to their funds is a lack of a business education. Plain and simple. Milestones that a company should focus on to increase valuation are as follows â"A working business model needs to be proven. If it proves it can acquire customers on a regular basis then funding from investors isnât a major concernAccelerating expansion is another way a company can hit rock bottom without accurate numbers to assess a sustainable timeframe. Itâs best to expand only after a large funding or after raising enough capital After a product has passed its beta test, it still needs to be a proven success with the customer before the compa ny gains valuation.Another milestone is when the product is being shipped and the customer is providing positive feedback Solve issues of risk within the 1st phase of launching your company. Itâs best to hire a risk management officer to check for loose endsEvery day in the United States alone, 8000 business loans are turned down. This creates a lot of opportunities for alternative funders to provide loans to small startups at exorbitant rates. In desperate times, many entrepreneurs seek the help of these loan providers and accept their hefty interest rates without thinking about it. Most starting entrepreneurs will be looking for information to help them with their current situation. Here are 8 frequently asked questions that will help you decide whether an alternative lender is the best choice.1. How much capital are you looking for?Donât just guess these important numbers, hire an accountant and have a word on the options available to you. A loan is granted based on your reve nue amount. 10-15% of your gross avenue is the best you can secure unless you can procure a signed contract. 2. What will the capital be used for?Come up with a strategic plan and note down where the cash will be used and how likely are you to make profits with the loan amount. Always calculate the profits to match the repayable amount.3. Do you have an idea on the cost of the capital?You could be charged anywhere from a low 15% interest to a hefty 70% percent interest over a 6-12-month duration. Not many private lenders extend their loan amount beyond a year for the sake of risk.4. What are the current biggest challenges in the company?List down every little issue that you have with the current company. Donât be scared. If you donât fix the leaks now, they will come back to haunt you in the future. Youâll have to understand that your revenue model needs to be as tight as possible before securing a loan.5. What works well in your business that promotes growth?Surely, you belie ve your startup has enough juice in it to run itself after a loan is secured, right? Are there particular problems that youâre facing like inventory management? Or procuring raw materials? Or logistics? Donât use alternative funds to fix a hole but focus on the best your company can churn out.6. Have you tried the bank?Conventional bank interest should always be sought out first before alternative lenders. Depending on your personal line of credit, most banks release loans if there is a good working business model.7. How will you pay your loans?Most loans will be paid directly from your checking account. Depending on your loan contract, the loans will be collected either monthly, quarterly, or annually. 8. Have you checked for closing costs and other penalties?Most commonly, there are hidden fees and cash advances that arenât visible when signing for the loan with alternative lenders. The higher the loan amount the more the hidden cost charges. Always ensure you ask your loan provider about these costs and read all documents carefully before signing the dotted lines.Reason #3: Lack of Passion for the MarketIf youâre starting your business for the sole reason of rolling in profits. Save yourself precious time and quit now. No business has ever gotten successful with the primary motive being profitmaking. It comes down to your level of passion and how interested youâre in the market. Letâs say you have no interest in manufacturing jewelry but youâre in it because thereâs a demand for it. Youâll lose interest the moment you start to mount up losses as your heart doesnât feel strongly about running a jewelry business as much as itâs about seeing the money.Another factor is entrepreneurs looking for profit often tend to sideline many launch issues that passionate entrepreneurs usually solve before their launch. Thereâs also the issue that you didnât read the market well enough.Checklist to find your passion before launching your startupFir st, ensure you have 2-3 hours of alone time with no distractions. This is important to build concentration.Take a white sheet of paper and start doodling away ideas that appeal to you or something that youâre passionate about. (E.g. Photography, Programming, Cooking, Carpentry, Cosmetics, etc.Donât worry about the money side of things. Weâll get there eventually.Once youâve set up a list of 3-5 things that youâre passionate about, ask yourself âWill you be doing this work for 10 years from now?âNarrow down your list to one passion that you feel will do well in the local market scene.Search for seed funding companies in your city and get in touch with them. Ask your friends and family about their interest in your product and services on a scale of 1 â" 10.Then conduct a local survey in your neighborhood by visiting door-to-door asking people for 2 minutes of their time and allow them to rate your product on a scale of 1 â" 10.Come up with a secret sauce for your busin ess. (Unique Selling Proposition)Spend several days and months in complete research time to understand your product better. Seek out local mentorship programs in your area.Learn about your local competition. Buy a product or two from them and understand what makes their product so good.Finally, take the leap of faith and launch your startup but this time youâll have a business with your passion embedded in it. Profit will remain a secondary motive. When launching a business, itâs necessary to understand if your product fits the demands of the people for the long-term. If your product is no longer required in 5-years of time, then youâll end up crashing your business for not reading it well enough. A good example of this is when floppy drives first came out, they were the rage, but the moment CD-ROMs were introduced, Floppy drives became non-existent, similarly with DVD-ROMs out, CD-ROMs went out of fashion and today we have Blue Ray drives to replace DVD-ROMs. If you had dealt in any of these items, youâd know of their shelf life and would quickly dispose of them before they near their expiry date. In a study by Statistic Brain, the failure rate of startups after a 5-year period was deduced at 50% and 70% after 10 years. The reasons cited for the failure were:No motivation for the entrepreneurUnwillingness to change or listen to adviceTaking advice from unverified sources (bad sources)No future goal set at the time of launchingRaising money too soonNo mentorshipReason #4: Poor Leadership/Bad Management TacticsLeadership is the heart of a company. Look at all the biggest companies in the world â" Apple, Facebook, Microsoft, Tesla, Amazon, etc. they are all run by successful leaders whoâve made an impact all over the world. There isnât a single company that is successful without its leader out there leading it from the front. Letâs understand how leadership truly impacts a startup with these startling statistics. 9-to-32% of a companyâs voluntar y turnover can be avoided via better leadership skills3-4% increase in customer satisfaction rates through better leadership5-10% increase in productivity from employees with a better leader7% increase in total profits with an effective leader at the helm60% of IT projects are set to fail with bad leadership skillsWithin the first 18 months, 80% of startups are likely to fail with a bad leader on board95% of all product launches fall flat on their face due to bad managementIn the U.S. alone $450-550 billion dollars are lost because the staff is disengaged from the companyâs goalsThese numbers are huge in terms of how much profit is being lost and how much loss is being generated by a startup with poor leadership skills. Add to this a bad management on board, the companyâs chances of failure are severely high.Poor leaders are generally oblivious to the fact that theyâre the sole reason for the companyâs decline and by the time they recognize their fault in the failure of the company, itâs already too late. So, letâs understand the 4 causes behind why a leader makes bad decisions.1. Unable to manage resourcesAllocation of resources is a pivotal part of a successful startup for a leader. If you donât know how to pool your resources into different sections of your business, youâll more than likely fail to see success. While many people confuse themselves that leadership is just about motivating people, leadership isnât just about people skills and the ability to provide encouragement to his or her team. Effective leadership skills require good decision-making process. If you were to allocate 45% of the company funds into expanding your company before youâve even tasted profits. Youâll undoubtedly be found at the receiving end of failure. Utilize statistics of successful leaders, take the insights of other well-known entrepreneurs. The success mantra is quite simple â" effectively disperse your funds into your business and youâll find succe ss in no time. 2. Canât foresee an opportunityA bad leader never sees opportunity but waits for it to come knocking at his door. Itâs important for leaders to have keen cognitive skills to be able to understand when an opportunity is nearing and how to make the best use of it. Hereâs an example â" While recruiting, you come across a valuable recruit with a proven track record of bringing in successful clients for all the companies that he has worked with previously. You are now stuck in the negotiation process where he requests a 40% increase from his past salary and you feel the need to bring down the number to 25%. The negotiation process is a failure as both parties fail to reach a conclusion. Hereâs where you failed to see an opportunity for your company. Valuable recruits with proven track records are hard to come by and when they do, theyâre the golden ducks of the company. You do everything to keep such employees as they raise the valuation of your company to expon ential levels when provided the right direction by a leader. But failing to see past the 25% hike has cost your company potential profits in the future. Thus, a lost opportunity.3. Desperate leadershipGood leaders usually train themselves to remain calm and can absorb a great deal of mental punishment. Desperate leadership is when the leader thinks he canât lead the company to success. This type of leader always looks at the negative side of things and wants to see a glass-half-full as half-empty. Hereâs a string of questions to know if you are a desperate leader â" Do you find yourself wondering if someone else was best-suited for your position?Does the idea of a competitive market affect your decision-making ability?Are you prepared to take the blame if the company takes a loss at the end of a financial year?Do you spend time understanding if your employees are happy with your leadership role?Do you often fear to change things even if they arenât working out for the company ? Are you afraid of failure and do you remind yourself of it every day of your life?These questions serve to provide you with an answer that demonstrates a weak-minded leader thatâs constantly affected by his internal demons instead of tackling the real-time problems of the company. Often great leaders doubt themselves, but they also come up with ways to motivate themselves to achieve the goal that was planned. Desperate leaders, however, are self-obsessed on making everything perfect and how a lack of perfection equals failure.3 CORE STRATEGIES TO HELP YOU RECOVER FROM A STARTUP FAILUREBy understanding how startups fail, youâve prepared yourself from some of the greatest obstacles affecting the modern entrepreneur. Letâs begin to map out a plan in achieving success as a startup and how to bounce back from common startup failures.1. Accept Failure and Begin RebuildingThere are no secrets to success. It is the result of preparation, hard work, and learning from failure. â" Col in Powell Failure. The word that gets our attention immediately and often causes sleepless nights just by thinking of it. If youâre someone who is afraid of failure, youâll spend more time thinking of it rather than finding a solution to it. Successful entrepreneurs do fail, the best of them have gone through strings of failure to get to where they are in their life. Letâs reflect on 3 such lives that have been clutched by failure and have eventually freed their way out to the redeeming doors of success.Steve Blank, CEO of Rocket Science GamesSteve has had plenty of experience from being a serial entrepreneur spanning a 21-year career. Heâs primarily based in Silicon Valley and to Steve, failure was akin to having a bad hangover that happened every Monday morning. He states âA startup goes from failure to failure. All it does from day one is run a series of experiments and just like in a lab, most of them will fail,â. He also believes during a failure shutting down the c ompany is one of the worst decisions an entrepreneur can do â" âBut when itâs complete failure ⦠when youâre shutting the company down, that never feels okay. It feels shitty. If youâre the CEO, you failed your employees. You failed your investors. And after, you either grow or you donât.âFrom raising $35 million and having the hottest company in Silicon Valley, to running out of funds to sustain his company in just 90 days due to a market decline is something thatâs straight out of a horror story for Steve Blank. Steve Blank began to get angry at his decisions and gradually, began to accept failure as a phase of his journey to success. He began to change his behavior and came to terms with his disappointment. He stopped blaming his employees like he would earlier. Heâd take down lessons from other successful entrepreneurs. And finally, he was back to what he does best â" becoming a successful chain entrepreneur. Jeff Bezos â" Founder CEO of AmazonWhat does it tell you about failure when the worldâs richest man was one of its victims during the start of his career? Bezos wasnât always known for his brilliant and genius entrepreneurship that heâs known for today. In fact, during his younger days, he used to aggressively think of expanding the company that cost him dearly. One of the biggest negatives of his career was when he launched Amazon as an online bookstore and customers would find a way to add books into their cart with a negative number. This oversight allowed his customers to access free credits that they took advantage of. Another big blunder that Jeff Bozos was famously known for â" he acquired over 100-million toys to sell over the Christmas season, but he failed to calculate the demand for his toys and ended up with warehouse issues post the Christmas season from the unsold toys. He donated all the toys away and had acquired a massive loss. Even with all the setbacks that happened in his life Jeff Bozos today has achie ved what few men will ever achieve in their lives. No, we donât mean his wealth but the clarity from rebounding from a failure and coming back to take success head-on by the horns. Evan Williams â" Twitterâs Co-founderJeff Bozos isnât the only billionaire that reaped success from failure. Evan Williams was initially an angel investor in a startup for a music platform called Odeo. Once iTunes was released by Apple, Evan and his partner, Noah Glass decided to kill the company as there was no way it was going to compete against a colossal giant like Apple. Days went on and instead of basking in failure, Evan Williams and his team of partners decided to set their minds on a small project that they had on the side â" Twitter. The rest is history. Many of the ideas that made Twitter a roaring success were provided by his team and Evan Williams was always skeptical about it but nonetheless, he went on with it. This type of entrepreneurship demonstrates that Evan Williams was ready to risk his wealth on the whims of his team and he believed in them.In fact, this success story teaches us two things. Not all startups will go on to become a success and itâs time to let go and move on to other projects. Had Evan Williams not moved on from the disappointing failure of Odeo. Who knows, heâd probably never make it to this list.Now that we see even the most successful entrepreneurs fail, itâs easy to pull ourselves back up from a little fall, right? Dust off the wound, apply a disinfectant and go back to playing outdoors. Thatâs the formula our mums gave us when weâd cry after a fall. The same applies to a successful startup, donât spend time brooding on the failure, instead spend time looking up to what you can achieve for the next day. 2. Identify a Mentor Starting without a mentor in todayâs modern business world is like taking your bike out for a spin without protective gear and a helmet. The crash could be life-threatening. Do you want to risk it al l?We believe you donât. Every successful entrepreneur needs a mentor and a role model to provide them the way to success. Donât believe us? Here are 3 examples:Steve Jobs mentored Mark Zuckerberg and advised him in building high-quality teams and how to maintain a sharp focus on the products that come out.Steve Jobs was guided by Mike Markkula, an Apple investor. He was given important points on how to shape the company during a critical time at Apple.Bill Campbell was a profound influence on Larry Page, the founder of Google, during the early days.Well, are you still contemplating on whether a mentor is a necessity in todayâs fast-paced business world?Hereâs why mentors play such an important part of an entrepreneurâs life. Real-time experienceExperience received from a biography or from written text is good, but you know whatâs better? Learning from the greats themselves. Working or discussing with a mentor allows you to gain successful formulas that arenât shared in books. Not all entrepreneurs like to give out their success mantra to the entire world. When mentoring, they prefer to share these formulas to their students in learning.Effective networkingStarting with a list of high-valued individuals is significantly better for a new entrepreneur than having to start from scratch. Mentors introduce you to the network of individuals that have a keen sense of learning and insight the same way you do. Together, you can discuss ideas and bounce off brainstorming sessions to come up with the perfect plan to counter a problem and execute the startup in the best way possible.MotivationListening to a mentor speak about their drawbacks and success is enlightening. Itâs a different kind of excitement than reading words from a book. Having someone to guide you when you goof up is the best part of having a mentor. Theyâll also share your pain and guide you in the right way when you need the help.Emotional IntelligenceLearning directly from a successful mentor improves the way you behave with your employees and have a self-control over your emotions. It brings out the mature side in you that you didnât know existed. A young entrepreneur with a successful mentor is more likely to have a control on the run of things than someone without.A mentor is someone who has already experienced your share of life. He understands failure better than you do at this moment and can offer the right advice to point you in the direction of success. One day, when youâve achieved success and plan to mentor a young student to build a billion-dollar company, you too will have tears welling up your eyes when you see your advice has been taken seriously. 3. Get used to being uncomfortableIf you go to bed and have a good nightâs rest with everything running as they should. Well, thatâs just one way to live your entrepreneurial dream but is it a successful dream? Many billionaires today would disagree with you on that. In fact, many successful entrep reneurs believe in being uncomfortable to be comfortable in their business. What does our comfort level have anything to do with our startupâs success rate? Great question. To answer this, weâll have to point out important features that come with stress and an uncomfortable life. InnovationThe chance of you trying out new things in a company when youâre reasonably comfortable with the way things are is next to nil. People, that innovate have this longing sensation that burns within their minds with one question â" How do I improve this idea further?This burning question leads them to discover success formulas and potential partnerships that arenât otherwise revealed to you when youâre in your comfort zone. Stepping out of the zone allows you to venture into unchartered territories to bring back new ideas and some new milestones to your goal. For E.g. Do you feel the same rush of adrenaline when sitting at home and watching a football match as compared to watching one from a stadium filled with screaming fans? Obviously, no. Similarly, getting out of your comfort zone will test how inventive your mind truly is and how you can innovate newer possibilities into your business. RiskSome risk is necessary to achieve a fair share of the reward. You canât expect to build a successful company playing a safe hand. Itâs just not possible. The average business owner is mostly content with his life and rarely decides to venture out of his comfort zone. But letâs say you had to put in 50% of your total funds into an investment that could potentially raise the valuation of your company up by 500%. Would you do it? Or would you prefer staying where you are? FearlessnessYes, being in an uncomfortable state of mind can teach you fearlessness. And fearlessness is necessary to take decisions on the spot. Youâll be tried and tested, and you may even lose a good fraction of your business funds but the satisfaction of achieving success at the end of it is truly wo rth every risk that you take today. And a calculated risk can only be taken if youâre fearless. Taking a risk with fear is called gambling. And there you have it. You now understand why itâs important to embrace discomfort at times and why itâs necessary to push challenges into your life, willingly. We donât mean just go throw out all your finances on a calculated risk in one go, no. That would be foolish!What we mean is to take baby steps towards achieving a life where youâre always innovating and never satisfied with your current efforts. This is the only way to achieve the best version of your company. CONCLUSIONIf youâve reached the end of it and read every word carefully, we congratulate you. Not everyone is willing to change their attitude based on the words written in an article but with this information, youâll provide your startup with a barrier to protect you from all the common problems affecting startups during the start of your illustrious career and the s trategies will provide you with a solution to move past your current situation. Always pay heed to your failures, they are the biggest stepping stones of your life thatâll lead you to success.
An Impactful Guide on How to Rise Up from Common Startup Failures
An Impactful Guide on How to Rise Up from Common Startup Failures A New-York based company CB Insights came up with an interesting research on why startups failed to take off. The report claimed â"42% of startups failed due to zero market demand, 29% ran out of funds even though they were in a profitable state, 23% failed to build the right team to oversee operations17% of them didnât have an existing business model. As seen above, all reasons are due to the extremely bad decision-making process by entrepreneurs on their part. They failed to do their homework before executing a specific operation and ended up under the rubble. Today, weâll provide you with information on basic startup traps and how to combat them.REASONS WHY STARTUPS FAIL SO OFTENFor every 10,000 startups, only one ends up becoming a billion-dollar company. And for every 1000 startups, only one receives funding from an angel investor. These statistics itself demonstrate how scary numbers can be and itâs no wonder why startups fail so often. But you donât have to repeat the common mistakes that many startups do. In fact, we give you our word, by the time youâve finished this guide, youâll have a better sense of judgment that will push you towards a successful path.Reason #1: Business Model FailureOptimistic entrepreneurs usually end up launching their brand with a positive idea that their service or product will undoubtedly do well as there is a demand for it. Sadly, this isnât how it works in the real world. Even if youâve got a great idea, customer acquisition is an expensive and time-consuming process. To understand the customer acquisition formula, we invite you to learn about two important terms â" CAC and CLV. What is CAC?CAC stands for Customer Acquisition Cost. Itâs a critical metric used by investors and companies to determine the value of each customer in comparison to their advertising costs. This metric also tells us how to optimize the return on advertising investments and where to focus the total cost to gain customers in the long run. With CAC a company can easily understand if they stand to make a huge profit in a given timeframe or not. Examples of CAC â"Any form of advertisementsIn-store displays and promotionsDigital marketing advertisementsSocial-media costsUpfront discount couponsProposal costsAny market research and data analysis conductedHereâs a real-time example to help you understand CAC better. Imagine an electronics company wants to sell its products to consumers and decides to adopt digital marketing campaigns and brochures to sell to its customers. So, letâs do the calculation as follows.Price of 1 Brochure = $1Total Brochures Printed = 10,000Price of Digital Marketing Campaign on annual basis = $1000Total Cost on Advertising (Brochure + Digital Marketing) = $11000Total Customers generated in that year = $1100(Total Cost on Advertising divided by Total Customers generated) = CACThe total CAC per customer is = $10In the above example, acquiring a customer for $10 is an extremely low p rice and the company will completely profit from this venture. Every customer must make a purchase of $10 every year for the company to break even with their advertising campaign.What is CLV?CLV stands for Customer Lifetime Value. Itâs a metric that demonstrates how much a customer adds to the net worth of the company in a lifetime. This metric is crucial to a company to understand if customers are long-term based and are worth spending money into advertising campaigns. It allows companies to understand how many ârepeat purchasesâ a customer is likely to make ensuring profits in the long run.Here are some factors to calculate CLVCohort analysis â" In this analysis, the company takes data from the behaviors of different customers and checks to see if they match a type of pattern. Once it finds a matching pattern, it puts all the customers with similar buying styles into one group to better understand how to increase a relationship with them to increase purchases. Example â" I f Jenny and Claire both buy women shoes 90% of the time, then both will be put into one single group and monitored until their buying trends change. Average revenue â" Another important factor to determine CLV is by analyzing the spending patterns of all users and taking the average of it. This approach doesnât take the behavioral aspect of the customer and simply analyzes the purchases of the customer.Example â" If Tom, Sam, and Peter spend $100-$300 dollars every month on products, then the average value will be calculated at $150 for all three of them.Now that we understand both the terms, we can see why they play an important role in helping an entrepreneur set up his business and assess his risks beforehand. While advertising is a great way to attract customers, it doesnât necessarily secure the profits of the company if the customers arenât making any purchases. These two metrics help in calculating the costs it takes to run a company while acquiring customers and how much a customer is likely to spend in a year. Reason #2: Running Out of FundsRunning out of liquid cash is quite common for many startups. Entrepreneurs spend so much time focusing on the product and service that they never stop to look at how to recover the capital or raise enough funding from other sources. The biggest reason many entrepreneurs donât pay attention to their funds is a lack of a business education. Plain and simple. Milestones that a company should focus on to increase valuation are as follows â"A working business model needs to be proven. If it proves it can acquire customers on a regular basis then funding from investors isnât a major concernAccelerating expansion is another way a company can hit rock bottom without accurate numbers to assess a sustainable timeframe. Itâs best to expand only after a large funding or after raising enough capital After a product has passed its beta test, it still needs to be a proven success with the customer before the compa ny gains valuation.Another milestone is when the product is being shipped and the customer is providing positive feedback Solve issues of risk within the 1st phase of launching your company. Itâs best to hire a risk management officer to check for loose endsEvery day in the United States alone, 8000 business loans are turned down. This creates a lot of opportunities for alternative funders to provide loans to small startups at exorbitant rates. In desperate times, many entrepreneurs seek the help of these loan providers and accept their hefty interest rates without thinking about it. Most starting entrepreneurs will be looking for information to help them with their current situation. Here are 8 frequently asked questions that will help you decide whether an alternative lender is the best choice.1. How much capital are you looking for?Donât just guess these important numbers, hire an accountant and have a word on the options available to you. A loan is granted based on your reve nue amount. 10-15% of your gross avenue is the best you can secure unless you can procure a signed contract. 2. What will the capital be used for?Come up with a strategic plan and note down where the cash will be used and how likely are you to make profits with the loan amount. Always calculate the profits to match the repayable amount.3. Do you have an idea on the cost of the capital?You could be charged anywhere from a low 15% interest to a hefty 70% percent interest over a 6-12-month duration. Not many private lenders extend their loan amount beyond a year for the sake of risk.4. What are the current biggest challenges in the company?List down every little issue that you have with the current company. Donât be scared. If you donât fix the leaks now, they will come back to haunt you in the future. Youâll have to understand that your revenue model needs to be as tight as possible before securing a loan.5. What works well in your business that promotes growth?Surely, you belie ve your startup has enough juice in it to run itself after a loan is secured, right? Are there particular problems that youâre facing like inventory management? Or procuring raw materials? Or logistics? Donât use alternative funds to fix a hole but focus on the best your company can churn out.6. Have you tried the bank?Conventional bank interest should always be sought out first before alternative lenders. Depending on your personal line of credit, most banks release loans if there is a good working business model.7. How will you pay your loans?Most loans will be paid directly from your checking account. Depending on your loan contract, the loans will be collected either monthly, quarterly, or annually. 8. Have you checked for closing costs and other penalties?Most commonly, there are hidden fees and cash advances that arenât visible when signing for the loan with alternative lenders. The higher the loan amount the more the hidden cost charges. Always ensure you ask your loan provider about these costs and read all documents carefully before signing the dotted lines.Reason #3: Lack of Passion for the MarketIf youâre starting your business for the sole reason of rolling in profits. Save yourself precious time and quit now. No business has ever gotten successful with the primary motive being profitmaking. It comes down to your level of passion and how interested youâre in the market. Letâs say you have no interest in manufacturing jewelry but youâre in it because thereâs a demand for it. Youâll lose interest the moment you start to mount up losses as your heart doesnât feel strongly about running a jewelry business as much as itâs about seeing the money.Another factor is entrepreneurs looking for profit often tend to sideline many launch issues that passionate entrepreneurs usually solve before their launch. Thereâs also the issue that you didnât read the market well enough.Checklist to find your passion before launching your startupFir st, ensure you have 2-3 hours of alone time with no distractions. This is important to build concentration.Take a white sheet of paper and start doodling away ideas that appeal to you or something that youâre passionate about. (E.g. Photography, Programming, Cooking, Carpentry, Cosmetics, etc.Donât worry about the money side of things. Weâll get there eventually.Once youâve set up a list of 3-5 things that youâre passionate about, ask yourself âWill you be doing this work for 10 years from now?âNarrow down your list to one passion that you feel will do well in the local market scene.Search for seed funding companies in your city and get in touch with them. Ask your friends and family about their interest in your product and services on a scale of 1 â" 10.Then conduct a local survey in your neighborhood by visiting door-to-door asking people for 2 minutes of their time and allow them to rate your product on a scale of 1 â" 10.Come up with a secret sauce for your busin ess. (Unique Selling Proposition)Spend several days and months in complete research time to understand your product better. Seek out local mentorship programs in your area.Learn about your local competition. Buy a product or two from them and understand what makes their product so good.Finally, take the leap of faith and launch your startup but this time youâll have a business with your passion embedded in it. Profit will remain a secondary motive. When launching a business, itâs necessary to understand if your product fits the demands of the people for the long-term. If your product is no longer required in 5-years of time, then youâll end up crashing your business for not reading it well enough. A good example of this is when floppy drives first came out, they were the rage, but the moment CD-ROMs were introduced, Floppy drives became non-existent, similarly with DVD-ROMs out, CD-ROMs went out of fashion and today we have Blue Ray drives to replace DVD-ROMs. If you had dealt in any of these items, youâd know of their shelf life and would quickly dispose of them before they near their expiry date. In a study by Statistic Brain, the failure rate of startups after a 5-year period was deduced at 50% and 70% after 10 years. The reasons cited for the failure were:No motivation for the entrepreneurUnwillingness to change or listen to adviceTaking advice from unverified sources (bad sources)No future goal set at the time of launchingRaising money too soonNo mentorshipReason #4: Poor Leadership/Bad Management TacticsLeadership is the heart of a company. Look at all the biggest companies in the world â" Apple, Facebook, Microsoft, Tesla, Amazon, etc. they are all run by successful leaders whoâve made an impact all over the world. There isnât a single company that is successful without its leader out there leading it from the front. Letâs understand how leadership truly impacts a startup with these startling statistics. 9-to-32% of a companyâs voluntar y turnover can be avoided via better leadership skills3-4% increase in customer satisfaction rates through better leadership5-10% increase in productivity from employees with a better leader7% increase in total profits with an effective leader at the helm60% of IT projects are set to fail with bad leadership skillsWithin the first 18 months, 80% of startups are likely to fail with a bad leader on board95% of all product launches fall flat on their face due to bad managementIn the U.S. alone $450-550 billion dollars are lost because the staff is disengaged from the companyâs goalsThese numbers are huge in terms of how much profit is being lost and how much loss is being generated by a startup with poor leadership skills. Add to this a bad management on board, the companyâs chances of failure are severely high.Poor leaders are generally oblivious to the fact that theyâre the sole reason for the companyâs decline and by the time they recognize their fault in the failure of the company, itâs already too late. So, letâs understand the 4 causes behind why a leader makes bad decisions.1. Unable to manage resourcesAllocation of resources is a pivotal part of a successful startup for a leader. If you donât know how to pool your resources into different sections of your business, youâll more than likely fail to see success. While many people confuse themselves that leadership is just about motivating people, leadership isnât just about people skills and the ability to provide encouragement to his or her team. Effective leadership skills require good decision-making process. If you were to allocate 45% of the company funds into expanding your company before youâve even tasted profits. Youâll undoubtedly be found at the receiving end of failure. Utilize statistics of successful leaders, take the insights of other well-known entrepreneurs. The success mantra is quite simple â" effectively disperse your funds into your business and youâll find succe ss in no time. 2. Canât foresee an opportunityA bad leader never sees opportunity but waits for it to come knocking at his door. Itâs important for leaders to have keen cognitive skills to be able to understand when an opportunity is nearing and how to make the best use of it. Hereâs an example â" While recruiting, you come across a valuable recruit with a proven track record of bringing in successful clients for all the companies that he has worked with previously. You are now stuck in the negotiation process where he requests a 40% increase from his past salary and you feel the need to bring down the number to 25%. The negotiation process is a failure as both parties fail to reach a conclusion. Hereâs where you failed to see an opportunity for your company. Valuable recruits with proven track records are hard to come by and when they do, theyâre the golden ducks of the company. You do everything to keep such employees as they raise the valuation of your company to expon ential levels when provided the right direction by a leader. But failing to see past the 25% hike has cost your company potential profits in the future. Thus, a lost opportunity.3. Desperate leadershipGood leaders usually train themselves to remain calm and can absorb a great deal of mental punishment. Desperate leadership is when the leader thinks he canât lead the company to success. This type of leader always looks at the negative side of things and wants to see a glass-half-full as half-empty. Hereâs a string of questions to know if you are a desperate leader â" Do you find yourself wondering if someone else was best-suited for your position?Does the idea of a competitive market affect your decision-making ability?Are you prepared to take the blame if the company takes a loss at the end of a financial year?Do you spend time understanding if your employees are happy with your leadership role?Do you often fear to change things even if they arenât working out for the company ? Are you afraid of failure and do you remind yourself of it every day of your life?These questions serve to provide you with an answer that demonstrates a weak-minded leader thatâs constantly affected by his internal demons instead of tackling the real-time problems of the company. Often great leaders doubt themselves, but they also come up with ways to motivate themselves to achieve the goal that was planned. Desperate leaders, however, are self-obsessed on making everything perfect and how a lack of perfection equals failure.3 CORE STRATEGIES TO HELP YOU RECOVER FROM A STARTUP FAILUREBy understanding how startups fail, youâve prepared yourself from some of the greatest obstacles affecting the modern entrepreneur. Letâs begin to map out a plan in achieving success as a startup and how to bounce back from common startup failures.1. Accept Failure and Begin RebuildingThere are no secrets to success. It is the result of preparation, hard work, and learning from failure. â" Col in Powell Failure. The word that gets our attention immediately and often causes sleepless nights just by thinking of it. If youâre someone who is afraid of failure, youâll spend more time thinking of it rather than finding a solution to it. Successful entrepreneurs do fail, the best of them have gone through strings of failure to get to where they are in their life. Letâs reflect on 3 such lives that have been clutched by failure and have eventually freed their way out to the redeeming doors of success.Steve Blank, CEO of Rocket Science GamesSteve has had plenty of experience from being a serial entrepreneur spanning a 21-year career. Heâs primarily based in Silicon Valley and to Steve, failure was akin to having a bad hangover that happened every Monday morning. He states âA startup goes from failure to failure. All it does from day one is run a series of experiments and just like in a lab, most of them will fail,â. He also believes during a failure shutting down the c ompany is one of the worst decisions an entrepreneur can do â" âBut when itâs complete failure ⦠when youâre shutting the company down, that never feels okay. It feels shitty. If youâre the CEO, you failed your employees. You failed your investors. And after, you either grow or you donât.âFrom raising $35 million and having the hottest company in Silicon Valley, to running out of funds to sustain his company in just 90 days due to a market decline is something thatâs straight out of a horror story for Steve Blank. Steve Blank began to get angry at his decisions and gradually, began to accept failure as a phase of his journey to success. He began to change his behavior and came to terms with his disappointment. He stopped blaming his employees like he would earlier. Heâd take down lessons from other successful entrepreneurs. And finally, he was back to what he does best â" becoming a successful chain entrepreneur. Jeff Bezos â" Founder CEO of AmazonWhat does it tell you about failure when the worldâs richest man was one of its victims during the start of his career? Bezos wasnât always known for his brilliant and genius entrepreneurship that heâs known for today. In fact, during his younger days, he used to aggressively think of expanding the company that cost him dearly. One of the biggest negatives of his career was when he launched Amazon as an online bookstore and customers would find a way to add books into their cart with a negative number. This oversight allowed his customers to access free credits that they took advantage of. Another big blunder that Jeff Bozos was famously known for â" he acquired over 100-million toys to sell over the Christmas season, but he failed to calculate the demand for his toys and ended up with warehouse issues post the Christmas season from the unsold toys. He donated all the toys away and had acquired a massive loss. Even with all the setbacks that happened in his life Jeff Bozos today has achie ved what few men will ever achieve in their lives. No, we donât mean his wealth but the clarity from rebounding from a failure and coming back to take success head-on by the horns. Evan Williams â" Twitterâs Co-founderJeff Bozos isnât the only billionaire that reaped success from failure. Evan Williams was initially an angel investor in a startup for a music platform called Odeo. Once iTunes was released by Apple, Evan and his partner, Noah Glass decided to kill the company as there was no way it was going to compete against a colossal giant like Apple. Days went on and instead of basking in failure, Evan Williams and his team of partners decided to set their minds on a small project that they had on the side â" Twitter. The rest is history. Many of the ideas that made Twitter a roaring success were provided by his team and Evan Williams was always skeptical about it but nonetheless, he went on with it. This type of entrepreneurship demonstrates that Evan Williams was ready to risk his wealth on the whims of his team and he believed in them.In fact, this success story teaches us two things. Not all startups will go on to become a success and itâs time to let go and move on to other projects. Had Evan Williams not moved on from the disappointing failure of Odeo. Who knows, heâd probably never make it to this list.Now that we see even the most successful entrepreneurs fail, itâs easy to pull ourselves back up from a little fall, right? Dust off the wound, apply a disinfectant and go back to playing outdoors. Thatâs the formula our mums gave us when weâd cry after a fall. The same applies to a successful startup, donât spend time brooding on the failure, instead spend time looking up to what you can achieve for the next day. 2. Identify a Mentor Starting without a mentor in todayâs modern business world is like taking your bike out for a spin without protective gear and a helmet. The crash could be life-threatening. Do you want to risk it al l?We believe you donât. Every successful entrepreneur needs a mentor and a role model to provide them the way to success. Donât believe us? Here are 3 examples:Steve Jobs mentored Mark Zuckerberg and advised him in building high-quality teams and how to maintain a sharp focus on the products that come out.Steve Jobs was guided by Mike Markkula, an Apple investor. He was given important points on how to shape the company during a critical time at Apple.Bill Campbell was a profound influence on Larry Page, the founder of Google, during the early days.Well, are you still contemplating on whether a mentor is a necessity in todayâs fast-paced business world?Hereâs why mentors play such an important part of an entrepreneurâs life. Real-time experienceExperience received from a biography or from written text is good, but you know whatâs better? Learning from the greats themselves. Working or discussing with a mentor allows you to gain successful formulas that arenât shared in books. Not all entrepreneurs like to give out their success mantra to the entire world. When mentoring, they prefer to share these formulas to their students in learning.Effective networkingStarting with a list of high-valued individuals is significantly better for a new entrepreneur than having to start from scratch. Mentors introduce you to the network of individuals that have a keen sense of learning and insight the same way you do. Together, you can discuss ideas and bounce off brainstorming sessions to come up with the perfect plan to counter a problem and execute the startup in the best way possible.MotivationListening to a mentor speak about their drawbacks and success is enlightening. Itâs a different kind of excitement than reading words from a book. Having someone to guide you when you goof up is the best part of having a mentor. Theyâll also share your pain and guide you in the right way when you need the help.Emotional IntelligenceLearning directly from a successful mentor improves the way you behave with your employees and have a self-control over your emotions. It brings out the mature side in you that you didnât know existed. A young entrepreneur with a successful mentor is more likely to have a control on the run of things than someone without.A mentor is someone who has already experienced your share of life. He understands failure better than you do at this moment and can offer the right advice to point you in the direction of success. One day, when youâve achieved success and plan to mentor a young student to build a billion-dollar company, you too will have tears welling up your eyes when you see your advice has been taken seriously. 3. Get used to being uncomfortableIf you go to bed and have a good nightâs rest with everything running as they should. Well, thatâs just one way to live your entrepreneurial dream but is it a successful dream? Many billionaires today would disagree with you on that. In fact, many successful entrep reneurs believe in being uncomfortable to be comfortable in their business. What does our comfort level have anything to do with our startupâs success rate? Great question. To answer this, weâll have to point out important features that come with stress and an uncomfortable life. InnovationThe chance of you trying out new things in a company when youâre reasonably comfortable with the way things are is next to nil. People, that innovate have this longing sensation that burns within their minds with one question â" How do I improve this idea further?This burning question leads them to discover success formulas and potential partnerships that arenât otherwise revealed to you when youâre in your comfort zone. Stepping out of the zone allows you to venture into unchartered territories to bring back new ideas and some new milestones to your goal. For E.g. Do you feel the same rush of adrenaline when sitting at home and watching a football match as compared to watching one from a stadium filled with screaming fans? Obviously, no. Similarly, getting out of your comfort zone will test how inventive your mind truly is and how you can innovate newer possibilities into your business. RiskSome risk is necessary to achieve a fair share of the reward. You canât expect to build a successful company playing a safe hand. Itâs just not possible. The average business owner is mostly content with his life and rarely decides to venture out of his comfort zone. But letâs say you had to put in 50% of your total funds into an investment that could potentially raise the valuation of your company up by 500%. Would you do it? Or would you prefer staying where you are? FearlessnessYes, being in an uncomfortable state of mind can teach you fearlessness. And fearlessness is necessary to take decisions on the spot. Youâll be tried and tested, and you may even lose a good fraction of your business funds but the satisfaction of achieving success at the end of it is truly wo rth every risk that you take today. And a calculated risk can only be taken if youâre fearless. Taking a risk with fear is called gambling. And there you have it. You now understand why itâs important to embrace discomfort at times and why itâs necessary to push challenges into your life, willingly. We donât mean just go throw out all your finances on a calculated risk in one go, no. That would be foolish!What we mean is to take baby steps towards achieving a life where youâre always innovating and never satisfied with your current efforts. This is the only way to achieve the best version of your company. CONCLUSIONIf youâve reached the end of it and read every word carefully, we congratulate you. Not everyone is willing to change their attitude based on the words written in an article but with this information, youâll provide your startup with a barrier to protect you from all the common problems affecting startups during the start of your illustrious career and the s trategies will provide you with a solution to move past your current situation. Always pay heed to your failures, they are the biggest stepping stones of your life thatâll lead you to success.
Sunday, May 24, 2020
The Poetic Mind Of Ralph Waldo Emerson Long Essay
Essay 1: Solitude Nature. THE POETIC MIND. Nature, Ralph Waldo Emerson long essay, was written in 1836, and at the time it presented very progressive ideas. Not only Nature presented a novel way to connect with God, but it also changed, to some extent, previous beliefs about the natural world. For most of human history the wilderness was a place that provoked fear and meant trouble. Emerson argued differently, for him nature was part of God s creation, and, thus could not mean any harm .Furthermore, he asserted that to truly experience the richness of the natural world, one should step in not only with an open mind, but also with a child like curiosity, and more importantly, is should be done in solitude. But to go into solitude, Emerson argues, one should withdraw not only from known places and people, but also of any diversions. A person surrounded by possessions, by people, and by distractions can hardly, if ever, experience a solitary state of the mind. Someone wishing to encounter the solitary needs only to gaze at the stars in the night sky. The light that radiates from ââ¬Å"those heavenly worlds will separate between him and what he touchesâ⬠(6). In other words, the deep sense of awe that the stars and the vastness of the night sky evoke, sets the mind in a state of separation between oneself, and the tangible world. This sublime quality of the stars facilitates not only a solitary state of mind, but also brings forth a sense reverence, which is shared by allShow MoreRelatedRelation between Men and Nature in Emerson and Thoreau680 Words à |à 3 Pages Ralph Waldo Emerson was born in 1803 May 25 in Boston and died in 1882 April 27 Concord and Henry David Thoreau was born in 1817 July12 in Concord and died in 1862 May 6th in Concord. (C-SPAN)Emerson was graduated from Harvard and so was the Thoreau. Henry David Thoreau was young poet of only 20 years old and Emerson was older than him. Thoreau wrote Walden in 1854 and Emerson wrote American scholar in 1837 not only that they have written many articles which was anti government such as ââ¬ËAmericanRead MorePoetry Is An Art Of Representation Or Imitation2631 Words à |à 11 Pagesand mind into their poetry was Emily Dickinson. Dickinson has been noted as the girl who hid from society with the fear of being unaccepted, ââ¬Å"Frightened by the world and disappointed in her hopes, Dickinson, it is said, retreated into a privacy that shielded her... There,... she is established as a martyrâ⬠(Wolosky 17). Despite this reputation, it has been acknowledged that though humble her life was, she was a woman of ambition. Ambition which was flamed by the essayist and fellow poet Ralph WaldoRead MoreAn Inexplicable Nature of the American Identity Essay1242 Words à |à 5 Pagessomething greater than itself. Despite the notion of defining something so incredibly wide and vast, society has become increasingly pre-occupied with explaining exactly what the American identity means. Even when authors such as Walt Whitman, Ralph Waldo Emerson and Emily Dickinson navigate the American identity, their ideas, although similar in many respects, offer various nuances and perspectives on the topic. By investigating the various idiosyncrasies of their language and the focus each emphasizesRead More Dickinson Vs. Whitman Essay1229 Words à |à 5 Pagespeople other than her family. In this essay I will be comparing Emily Dickinson and Walt Whitman. Emily Dickinsons life differs greatly from the life of Walt Whitman, although they lived during the same time period. Walt Whitman published practically all his poetry during his lifetime, but Emily Dickinson only published seven of her poems during her lifetime. Actually, her poetry wasnt published until after her death. Both Whitman and Dickinson were poetic pioneers because of the new ideas theyRead MoreSignificance of travel in Bashos Narrow Road Through the Backcountry1431 Words à |à 6 PagesQuesting for Connections to the Past Waldo Ralph Emerson said Though we travel the world over to find the beautiful, we must carry it with us or we find it not. In BashÃ
s Narrow Road through the Backcountry, exactly this sentiment is realized in the literary capture of North Japans natural beauties on his journey for poetic enlightenment and motivation. This work is the story of the journey that BashÃ
began near the end of his life in order to attain inspiration for writing poetry, specificallyRead MoreWalt Whitman and Abraham Lincoln3895 Words à |à 16 Pagesone of the great poets in American literature. His variety of poetic works has influenced generations of writers. A remarkable fact is that Walt Whitmanââ¬â¢s famous poem O Captain! My Captain! (Whitman 1865b) even found its way into modern film art in the film Dead Poets Society. This shows how relevant Whitmanââ¬â¢s poetry is still today. This term paper will concentrate on the influence Abraham Lincoln had on Walt Whitman and his poetic writing style. In particular, focus will be put on Walt Whitmanââ¬â¢sRead MoreBrief Survey of American Literature3339 Words à |à 14 Pages emotion, natural beauty - imagination, mysticism, liberalism (freedom to express personal feelings) Romantic vs. Neoclassic (2) Innovation: - subjects: common life; the supernatural; the far away and the long ago - style: common language really used by men; poetic symbolism Romantic vs. Neoclassic(3) Good poetry is ââ¬Å"the spontaneous overflow of powerful feelings.â⬠- unforced and free composition out of the inherent organic ââ¬Å"lawsâ⬠of the poetââ¬â¢s imagination Romantic vs.Read MoreHenry David Thoreau Essay3362 Words à |à 14 Pageswell. It was there that Thoreau was first exposed to writing publicly when the Editor of the Dial, which is a periodical for a transcendentalist group, gave him a job. In 1837, Thoreau graduated form Harvard and this is where he first heard Ralph Waldo Emerson speak. It was at this time that he began writing his journal. He started teaching in Concords Center School for a brief period of two weeks. Thoreau was told to enforce corporate punishment in the classroom and he resigned. He ended up workingRead MoreThe Father Of Free Verse By Walt Whitman2965 Words à |à 12 Pagestype of poetry that was trying to sporadically change your mind and they did not feel that this was a good means of writing poetry. People also thought that free verse was a modern form of poetry and actually is had been around for hundreds of years. The reason that Whitman created the free verse genre was so that he could express a free and new form of communication. He was not afraid of using different words and ideas that would come to mind while he was writing. He definitely was not shy aboutRead MoreCleanth Brookss Essay Irony as a Principle of Structure9125 Words à |à 37 PagesHistory and Class Consciousness Preface THE collection and publication of these essays in book form is not intended to give them a greater importance as a whole than would be due to each individually. For the most part they are attempts, arising out of actual work for the party, to clarify the theoretical problems of the revolutionary movement in the mind ,of the author and his readers. The exceptions to this are the two essays Reification and the Consciousness of the Proletariat and Towards a Methodology
Thursday, May 14, 2020
Personal Assignment My Personal Experience - 2626 Words
ââ¬Å"Do not dwell in the past, do not dream of the future, concentrate the mind on the present momentâ⬠- Siddhà rtha Gautama. As suggested by this quote, I learned to move on from all things that happened in the past whether it being good or bad. All from the past was no longer important nor relevant, what matters is only the present and what you can make of it. Because of this I was able to grow as a person and become overall better academically. I was able to do quite well in English, which was unusual for me since English I would say is my worst subject. Although what kept me from writing to my full potential was slacking and procrastinating my assignments. However, I was able to fix some of my habits from September which today are better.â⬠¦show more contentâ⬠¦Even though everyone tells you they are College level courses, I assumed they were not going to be that difficult. I went on to take AP Biology, and AP US History, and AP English Language. Although they we re without a doubt challenging courses, I had a lot of fun in them. All my teachers made them very fun while knowledgeable at the same time. My most challenging course I took was AP Biology. The workload was a lot and it was all up to me to figure out a schedule. Throughout the year, we were given a lot of time to complete our assignments and usually were not due until a month later. However, being a naive student I thought the work was not going to be hard. Admittedly, it was not very challenging work. At times it was difficult to understand but it was not very hard work. It was a lot of work; it was a multitude of papers, more than a normal class would give. Unfortunately, I ended up doing some of these papers last minute, a day or two before they were due. However, I discovered that I was actually able to work very efficiently at finishing these last minute assignments. For the most part I was able to excel in my homework assignments and finish a majority of them last minute, and actually earn an A on the packet and at times extra credit for turning it in on time. Although I was able to perform well under pressure, it is not something I enjoy doing as it is nerve wracking thinking about whether I will able toShow MoreRelatedPersonal Experience: English Composition Course622 Words à |à 3 PagesFocusing in self- evaluation to improve the learning process, help me to set goals and be aware of my own mistakes. When the English Composition course started, I wanted to be able to express my thoughts and my ideas in an effective way. The continuation of my education was very difficult, and I began to doubt myself when faced with the first couple of weeks. My first assignment was my most difficult assignment, and I found myself having trouble sticking to a thesis, because I had so many ideas that IRead MoreWriting Is An Art That Improves Through Time With Consistent Practice And Exploration Of One s Skills1234 Words à |à 5 Pagesmyself to be an efficient wri ter. However, my writing was limited in the scope of academic writing, due to the fact that throughout my high school career, that is the most of what was expected to be written from me. In this class I was able to dive further into my writing and explore with my skills in the context of creative writing, poetry, as well as fictional writing; something I had little to no experience in. With the correct guidance from you, my professor, and consistent practicing, I wasRead MoreReflection1179 Words à |à 5 Pages Writing has always been one of my strengths, enabling me to freely express my creative thoughts in a controlled manner onto a piece of paper. Although my writing process takes a long time, I have complete power over the sentences and structures that I am weaving together to form a cohesive whole. Throughout High School, I was trained to write a structured essay in an ample amount of time by writing, editing, and finalizing my draft. Most of our work involved writing individual essays and researchRead MoreMy Personal Code Of Ethics807 Words à |à 4 Pages The activities completed in REHB 6050 consisted of three assignments. At the start of the semester, the first assignment was a one page paper which described our position on our personal code of ethics. The paper was written in the first person and was to follow a clear line of reasoning, and comply with APA 6th edition grammar and style rules. At the end of the semester we were to, once again, write a paper on our personal code of ethics so that we could see our maturation in knowledge and valuesRead MoreAdvantages And Disadvantages Of Experiential Learning1086 Words à |à 5 Pagesthat follow in his outlined theory. When discussing the implications of experiential learning, we often wonder what the full meaning represents. ââ¬Å"The main problem about experience, a problem which precedes questions about how we can learn best from experience, lies in a double unsaid: a silence about the implication of experience in language and a silence about the implication of experiential learn ing in discourseâ⬠(Boud, Cohen Walker, 1993, p. 169). This author explains that through the very subconsciousRead MoreHealth and Social Care Essay659 Words à |à 3 PagesHealth and Social Care Assignment UNIT 2 - PRINCIPLES OF PERSONAL DEVELOPMENT ASSIGNMENT OVERVIEW In this assignment, you will investigate standards that influence adult social care practice. You will look at examples of these standards and how they affect the role of social care workers. Personal development and reflective practice are important for social care workers, and you will be completing tasks that cover these concepts. You will look at the different ways that this is done, how youRead More Personal Goals as a Student at the University Essay697 Words à |à 3 PagesEveryone should have personal goals that evolve around anything that needs to be accomplished. I set goals on a daily basis. One goal that I seem to have not truly focused on has been my college education. Considering all things, I decided I needed to focus on my college education. The first thing I needed to accomplish was to enroll in an institution for higher learning. Now that my enrollment is complete, I am an official student at the Univer sity enrolled in the undergraduate program for businessRead MoreEssay on Unit 2 - Principles of Personal Development1152 Words à |à 5 PagesHealth and Social Care Assignment UNIT 2 - PRINCIPLES OF PERSONAL DEVELOPMENT ASSIGNMENT OVERVIEW In this assignment, you will investigate standards that influence adult social care practice. You will look at examples of these standards and how they affect the role of social care workers. Personal development and reflective practice are important for social care workers, and you will be completing tasks that cover these concepts. You will look at the different ways that this is done, how youRead MoreAn Interview Questions On Career Development859 Words à |à 4 PagesPortal.csuglobal.edu (2015) a resume contain highlight of an employee qualification, skills, experiences, knowledge (QSEK) and accomplishment in a concise outline. Resume is a selling tool used by applicants and for Human Resources Officers, hiring managers and potential employers to see what positons were held and are used to review the QSEK. This assignment contains two sections first this is my personal job search, building of a resumes and the seco nd section contains developing an interview questionsRead MoreCounseling At East Carolina University s Center For Counseling And Student Development1255 Words à |à 6 PagesPersonal Counseling Experience It is strongly encouraged that counselors in training experience personal counseling. It is considered a growth experience for future counselors. Equally important, it is an opportunity for the counselor in training to seek help for any personal concerns/issues. I chose to seek counseling at East Carolina Universityââ¬â¢s Center for Counseling and Student Development. After attending at least five personal counseling sessions, I have gain useful insight about the counseling
Wednesday, May 6, 2020
Douglas Haigs Great Contribution to World War I Essays
Douglas Haig (1861-1928) was one of the most renowned soldiers during World War I. He became the Commander in Chief of the British Expeditionary Forces and led very decisive battles at the Battles of Some and Passchendaele. He also was able to stop the Germans last offensive (March-July 1918) which ultimately led him to create a veteranââ¬â¢s facility called the Royal British Legion.â⬠This caused him to be elected to be an earl in 1919 . Douglas Haig became Commander in Chief of British Expeditionary Forces, led forces at the Battle of Some and Passchendaele, created the Royals British Legion, and became an earl in 1919. Douglas Haigââ¬â¢s previous war experiences made him perfect for the position of Commander in Chief of the British Expeditionaryâ⬠¦show more contentâ⬠¦The same results would also happen at the Battle of Passchendaele. July 31, 1917, when Haig appointed an offensive-minded general (Sir Hubert Gough) to command, and pressed him to plan a decisive breakthrough, rather than a step-by-step advance.11 Again, this battle turn out to be a technicality win for Great Britain, however, they faced high casualties. These efforts obviously weakened Germany tremendously; however, the cost of lives was too high to really see any progress in their efforts. Haig has been criticized by many people over the years due to his plans that caused high casualties. The wartime Prime Minister, David Lloyd George, was one such critic. He wrote that he sometimes wondered whether he should have resigned on more than one occasion rather than permit Haig to continue with his strategy.12 In Haigââ¬â ¢s defense, he was forced to apply pressure on France He had to push up his plans one month in advanced. Thatââ¬â¢s plausible reasoning to why his plans may have had someShow MoreRelatedWas Haig a Butcher or War Winner?3538 Words à |à 15 Pagesthat occurred in the time frame of World War I, between France and England on one side, while on the other side, Germany. The objective of this battle for the English side is too re-conquer/ seize the French town of Verdun, a stronghold of France against Germany. Also, the English soldiers were ordered to annihilate as much German soldiers as possible, in order to eventually gain the vantage point of the battle. The English soldiers were lead by General Douglas Haig, and as a General, he devisedRead MoreSome People Have the View That British Generals Like Haig Were Incompetent Leaders. How Far Does the Sources Support or Contradict This Interpretation?2367 Words à |à 10 Pagescontradict this interpretation? Some people have the view that British generals such as Haig were useless leaders. Famous sources like ââ¬ËO What a lovely Warââ¬â¢, ââ¬ËBlackadderââ¬â¢ and ââ¬ËThe Trenchââ¬â¢ support this. However from the 1980s many military historians have challenged this interpretation and states that under Haigs leadership, Britain and her allies won the war from encouraging new weapons and military tactics. After Haigs death in 1918, historians blamed him for needless laughter of nearly 750,000 BritishRead MoreAviation in Wwi4096 Words à |à 17 PagesTo what extent did the aerial forces of the First World War impact the course of the war and its outcome? ââ¬Å"The day has passed when armies on the ground or navies on the sea can be the arbiter of a nations destiny in war. The main power of defense and the power of initiative against an enemy has passed to the air.â⬠-Brigadier General Billy Mitchell. November, 1918. The Italo-Turkish war, which lasted from 1911-12 and was predominantly fought in Libya, was the first recorded event of a bombRead MoreThe sentry2864 Words à |à 12 Pages(which might conclude a sonnet) with a quatrain which might begin one: We dredged him up, for dead, until he whined ââ¬ËO sir, my eyes ââ¬â Iââ¬â¢m blind ââ¬â Iââ¬â¢m blind ââ¬â Iââ¬â¢m blind!ââ¬â¢ Coaxing, I held a flame against the lids And said if he could see the least blurred light He was not blind; in time theyââ¬â¢d get all right. ââ¬ËI canââ¬â¢t,ââ¬â¢ he sobbed. Eyeballs, huge-bulged like squidsââ¬â¢, Watch my dreams still ââ¬â Here, Owen meets the demands of rhyme and metre by a skilful combination of direct speech, indirect speech
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