The Fight for a Four-day Work Week

It’s no secret that people are working more than ever. And it doesn’t look like this trend will be stopping any time soon. The average workweek is now 47 hours, with many workers putting in 60-hour weeks or more. This can lead to stress and exhaustion, including the adverse effects on family life and personal relationships. But there is hope! A recent study showed that if we could just cut our workweek down to 4 days, all of these problems would be solved.

A four-day workweek could reduce stress by decreasing hours spent at the office. Working fewer days would also give employees more time with their families, leading to significant improvement in workers’ happiness levels. This shorter workweek might even improve productivity, as some studies have shown that people produce more when they are given fewer hours each week. Of course, obstacles are standing in the way of this dream becoming a reality for everyone on earth, but it’s certainly an idea worth exploring further. Our current system has worked well for many years. But just because something was good once doesn’t mean that it’s still best suited for modern living today. We are constantly looking for ways to improve our lives, and it’s time that we changed the way that work is done.

Side Effects of Working Longer Workweeks

Decreased morale on the job, since more hours means less time for home life or recreation. This results in people feeling like they are unappreciated by their employers and coworkers. Especially if new employees only get a three-day workweek or not at all. Eventually, you will feel undervalued and resentful of your employer, who treats you poorly by giving such a tiny amount of paid time off from working eight-hour days Monday through Friday. Altogether, this can lead to decreased productivity due to fatigue and tiredness from working too much. Some people even end up with health problems due to overwork.

There also can be decreased creativity since employees don’t feel like they have the energy to get anything done after working so many hours during the week. This is because people are often too tired when getting home from work at night or on weekends that they just want to take a break instead of doing additional tasks or hobbies outside of being paid for their job.

 

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Career Development for Your Employees

Career development is one of the essential parts of human resource management. The goal is to create a career path for employees within your company. It can be done by analyzing employee skills, interests, and experience and developing plans accordingly.

It can be done in two ways:

  • The first way is by hiring a recruiter that will work with your current employees to determine their career development needs and goals.
  • The second and more efficient way is by developing your career planning system for your employees.

Benefits Of Career Development For Employees

There are several benefits to having a career development system:

1. Your employee will be more satisfied with their job

They will have a goal that they can focus on while working towards it, satisfying the intrinsic needs of management and the company and their purposes.

2. You will be able to retain valuable employees

It is widespread for employees to leave because their needs regarding career development are not met at work.

3. Your company will appear to be a great place to work

It is beneficial for the employee to be a part of a team looking out for their development, which tells the rest of society how you see your employees: as essential people and valuable assets worth investing in.

4. You will save money

Some employees require minimal training yet have a higher level of skill and productivity than many other employees.

Challenges Of Career Development For Employees

The challenges of developing career development programs for employees are:

1. Not every employee will have to or want to go through this process

They may elect not to pursue a new position within your company at some point in time.

If your company has multiple locations worldwide, there may be difficulty in finding employees that can move around and work in most places.

2. It requires a great deal of time and effort to develop the program

Having a good relationship with your employees before starting this project is essential, as it can be pretty time-consuming.

3. It requires a great deal of planning and consideration to develop the career planning program

Before you start, make sure you have backup plans for the various types of employees, including non-traditional workers such as part-time employees, temporary workers, and independent contractors.

Career development is crucial for your company’s success, including your employees’ happiness and job satisfaction.

 

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How To Create A Meaningful Professional Network

Having an extensive network is often the key to success, but having a few key contacts is crucial. Below are some of the Young Entrepreneur Council members’ tips on how to forge professional connections.

Schedule Regular Check-Ins

Like any relationship, you want to keep up with your network. Make sure to reach out to them regularly and catch up whenever possible. This will help you keep up with what’s happening in the world of your connections. Having a reminder for yourself is a great way to prevent the check-in frequency. There are a lot of tools that will help you set up reminder systems.

Create Mutually Beneficial Partnerships

Building a solid network is about cultivating mutually beneficial relationships. A good relationship goes both ways, so make sure to keep in contact with the people who have worked with you in the past. Doing so can help build a strong bond and future business opportunities.

Offer Value

Always try to provide value to your network by serving as a resource hub for your peers, colleagues, and friends. The more you can offer to everyone, the more indispensable you can become.

Have a Clear Strategy In Place

Developing a strategy for networking has helped many grow professionally and personally. This step-by-step process will help you narrow down your networking efforts to save time. It will also help you identify the skills and practices that can help bring value to any relationship.

Use Natural Network Platforms

“Natural networking” is a strategy that professionals use to nourish the relationships that would connect to their personal life. It involves intentionally keeping in touch with people you would like to communicate with. The best relationships are those that are authentic and don’t involve much effort.

Be Empathetic

Finding connections with people comes from cultivating a great level of empathy and communication. Creating reciprocal relationships is about cultivating empathy within your relationships.

Be Mindful Of Your Impact

There should be a real impact on every relationship you have. There should be a genuine connection. A common denominator should serve as a magnet and a force for you to work seamlessly together.

Use Time Wisely

The best way to build a meaningful network is to get to know people on a personal level. Set a regular time to connect with people and schedule monthly calls or meetups.

Never Stop Listening

Being able to listen to other people’s points of view is an important step in cultivating meaningful relationships. Listening to the other person’s point of view helps develop meaningful relationships and deepens your knowledge.

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Habits of Successful Entrepreneurs

Successful entrepreneurs are not born with the characteristics that make them successful. They form habits to be successful, and these habits separate them from the rest of the world. Successful entrepreneurs live by certain principles, and these principles are what make them successful in any industry.

Create a Routine

Successful entrepreneurs are always working on something, whether in the business or their personal life. They have a routine that they follow every day to keep making progress. This includes waking up early and preparing themselves for the day. It involves prioritizing specific tasks at certain times of the day and focusing exclusively on those tasks until they’re done. Successful entrepreneurs get into ‘the zone’ where they forget about time and focus only on what needs to get done.

Work Out and Meditate

Successful entrepreneurs are physically healthy. They go to the gym, do yoga or go for a run every day to release endorphins. This helps reduce stress levels and get rid of anxiety during the day. Meditation is an important part of being successful since it gives their brain some downtime, preparing it for the next task at hand. Meditation allows them to breathe more deeply, which in turn gives their body more oxygen, and the healthier they are physical, the better they are going to perform mentally. Successful entrepreneurs eat right and exercise regularly so that they have enough energy throughout the day.

Tracking their progress

Successful entrepreneurs keep track of their progress and measure whatever they can so they know if the business is going in the right direction. This includes keeping a notebook where they write down certain aspects of their lives that pertain to personal development and those that have to do with the business. They have SMART goals that are specific, measurable, attainable, relevant and time-bound. Tracking their financials helps them stay afloat when it seems like there is no money left for expenses.

Keep Learning

Successful entrepreneurs continuously strive to learn new things, whether it’s in school or outside of school. They read books by successful entrepreneurs who came before them for inspiration and motivation to keep pushing forward. Successful entrepreneurs surround themselves with smarter people so that they can absorb knowledge through osmosis.

Scheduling their Day

Successful entrepreneurs are organized people. They divide up their day into blocks of time dedicated to certain tasks that need to get done throughout the day, so there is no confusion as far as what needs to get done. This allows successful entrepreneurs to plan their day and make the most of it to finish all tasks promptly.

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How Entrepreneurs Should End Each Day

Entrepreneurs have a lot on their plate. You’re running the company, managing employees, and trying to find time for yourself. It’s easy to stay up late into the night working, but this isn’t healthy or productive. In this article, we will discuss how entrepreneurs should end each day to maintain sanity and productivity.

List your achievements for the day

End your workday on a high note by focusing your attention on what you have accomplished during the day. Writing down all of your accomplishments for that day will help give you perspective and remind you of the great things that happened after work hours are over.

Check tomorrow’s tasks

Before you go to bed, make sure you have everything lined up for the next day. This means preparing any necessary materials and packing your bag so that when morning comes around, it’s time to get working.

Socialize and de-stress

End each day by talking with your spouse or friends and taking some time to relax. This helps you unwind from the pressures of work and prepares you for a good night’s sleep.

Get off any business-related work

If you have any work-related business that needs to be attended to, make sure it’s done before the end of your day. This will not only help keep your mind at ease but also allow you a productive morning after a good night’s rest.

Give yourself a deadline for turning off electronics and stopping working

Turn off your computer or phone by a certain time to help yourself detach from work. This will give you the proper rest needed to be productive at work tomorrow morning.

Do other activities like exercise or novel reading

Do things like exercise or read a novel to help your mind unwind from the day. This may also include watching TV, going for a walk outside, or doing other relaxing activity that doesn’t involve work-related topics.

Set the morning alarm

Your alarm should be set for at least 30 minutes before you want to get out of bed. This will help your body wake naturally and prepare you for a productive day ahead.

Lighting

Turn off the lights, including any lamps. Darkness helps your body unwind and prepare for sleep. This can be especially helpful in a room with multiple light sources that you have trouble completely shutting out.

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How to Learn from Difficult Conversations

Difficult conversations can be challenging to deal with. They often make people feel uncomfortable, and they may even avoid them because of this. But it is important to learn how to deal with these types of conversations if they want their relationships to deepen. This article will discuss various ways people can learn from difficult conversations, so they don’t come back into play in future interactions.

Bypass Ego

Difficult conversations are the perfect time to bypass their ego. It is crucial that people don’t allow their egos to get in the way of learning what they can from interaction because this will make them less likely to reflect on their actions and how they can improve for the next time.

Preparation is Key

Before having a difficult conversation, it is essential to prepare. People should try to anticipate the other person’s perspective and think about ways to make things better in the future and what they can do to resolve the issue at hand. By preparing, people will make the upcoming conversation much more straightforward and be more likely to come out of it satisfied.

Look Beyond Behavior

If a person wants to learn from a difficult conversation, they need to look beyond just the exhibited behavior. It is important that people realize there are usually reasons behind someone’s behavior, and those reasons should be examined and considered before jumping to conclusions or holding grudges.

Embrace Teachable Moments

Teachable moments are great opportunities for people to learn from. They are hard conversations that have taken place, but they provide people with valuable insight into improving their interactions with others and having better conversations in the future.

Difficult conversations should be seen as perfect opportunities for people to learn from because they can help deepen relationships and improve communication skills! It is crucial that once a difficult conversation has taken place, the individual involved reflects on their actions and behavior so they don’t make similar mistakes again in the future.

Be Compassionate

When people try to avoid a difficult conversation because they don’t want to make the other person feel uncomfortable, it can be a form of selfishness. It is important that when someone has a difficult conversation, whether it’s with a friend or family member, they need to be compassionate towards the individual and understand that this isn’t an easy thing for them to process. If a person does this, the conversation will be much easier to deal with, and they’ll be able to resolve any issues that arise more efficiently.

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How to Communicate Better as a Leader

Do you have a hard time communicating with your team? Do they get mad at you for not being clear or providing feedback? It’s essential to be an effective communicator as a leader. In this blog post, we will go over five steps that can help improve your communication skills. You’ll learn how to ask questions more effectively and give better feedback. We also cover how to make sure that people understand what you are saying in the first place.

1) Don’t be vague

Don’t be too general when asking questions or giving feedback. For example, if you want your team to do something more quickly, simply saying “make it faster” will not get the job done. Be clear on what needs to be sped up and how much time they have to get it done.

In addition, if you provide feedback, make sure it is specific and detailed. If someone did an excellent job on something, don’t just say “good work” or give them a thumbs-up emoji in Slack. Instead, tell them specifically what they did well – for example: “I really like the way you broke down these numbers to show where the majority of our money is going.”

2) Ask open-ended questions

Don’t ask yes or no questions, instead try to get your team involved by asking them what they think of something. For example, you can say, “what are the biggest challenges that we need to solve for this new project?” You’ll learn more about their opinions and thoughts on where things could go wrong. This also allows you to engage with your team more personally. It helps build trust and a sense of camaraderie amongst the office by getting everyone involved – not just managers or supervisors.

3) Be specific

Don’t just give a thumbs up emoji or “great work” as feedback after someone does something for you. Tell them precisely what they did that was good – and tell them why it’s good! For example: “Thank you so much for sending me those numbers yesterday. I really appreciate how detailed the spreadsheet was! I know it’s easier just to give me a number, but I really need the spreadsheet so that I can go through it and see where our money is going.”

4) Use the Socratic method

Ask your team questions and encourage them to come up with ideas themselves, instead of just telling them what they should do. The Socratic Method is a technique used by Socrates in which he would ask his students leading questions that encouraged critical thinking and ultimately helped them discover their own answers. This will help you get everyone involved and engaged so that you don’t have to be the only one working on a project.

5) Don’t be a know-it-all

Don’t pretend to have all of the answers, or try and show off your expertise in front of others for no reason. Don’t feel like you always need to provide feedback because it shows that you’re not confident enough about what you’ve done – this will make other people lose confidence as well.

Instead, allow your team to come up with their own ideas. If they make a mistake or fail at something, help them through it instead of telling them what they did wrong before assisting them in fixing the problem. Allow yourself and others to be vulnerable in order for people to learn best practices that you’ve acquired over time – don’t just talk to them.

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How Entrepreneurs Can Regain Their Motivation After a Burnout

Every entrepreneur desires to prosper in their business. However, many obstacles stand in the way, and one may stumble and fall or get exhausted. Failure is part of a growing business, but how one handles it determines whether they can bounce back or not. Understanding the best approach when burnout comes knocking on the door is incredible for all business people. The following strategies can help in such situations.

One must analyze their objectives

Everyone starts a business aiming to make money. However, there must be other objectives to analyze and consider. Highlighting all reasons why one is in a particular business gives them the zeal to fight on and remain resilient when exhausted. Aspirations keep one committed to the call and wake up every time obstacles knock them down.

Understanding one’s self is critical

Some entrepreneurs start a business with the wrong approaches. In most cases, they make the mistake of failing to understand their inner being. Only one can understand their strengths and weaknesses. One knows what they can withstand against what they cannot. Entrepreneurial challenges come in phases, so a business person must understand how confident they are to fight on amid burnout.

Choosing an appropriate business comes in handy

Not any entrepreneur can excel in particular industries. It is advisable to find out what one is perfect at before diving into a business. Doing what one is best at motivates them to rise and push forward even when they feel like giving up. There are many industries, and one must not rush into any opportunity that shows up without considering their capabilities.

Understanding when to pause is rewarding

Some products have high and low seasons. When the environment is unfriendly, the revenue reduces on such products. Understanding when to pause on particular products is rewarding as it prevents one from getting discouraged along the way. Additionally, it is okay to stop selling certain products if one feels disappointed to concentrate on what excites them.

Having tiny workable habits is judicious

Having a long list of things to do adds no value when one is unable to accomplish everything. The list is always endless, which makes one feel unproductive and exhausted. Having a tiny list of workable habits encourages one to achieve them all. It helps one to remain consistent, which is the keynote to any business.

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Great Professional Development Courses

In the fast-paced world of business, it’s important to stay up to date on the latest trends in one’s industry. Whether one is a CEO or an entry-level employee, there are countless online courses and seminars that can help propel one’s career forward. This article will discuss some courses for professionals to take to develop their skills and position themselves as leaders in their field.

Leading Through Disruption

This course is designed for those looking to learn how to lead in the 21st century. The biggest thing holding back leaders today is an inability to adapt quickly enough, or at all, to upcoming changes and disruptions. This course will help participants learn methodologies to identify trouble before it happens and implement necessary actions before becoming overwhelmed and falling behind in the marketplace.

Introduction to Information Security From ACI Learning

Information security is another significant topic for professionals to learn about, and this course provides a great primer. Participants will learn the basics of how cyber-attacks work and what types of attacks occur most frequently. Anyone who does this course will know the cybersecurity basics on protecting their personal and company data.

Financial and valuation Modeling Boot Camp from Wall Street Prep

There are countless skills one can learn to progress within their career, but there’s no doubt that financial and valuation modeling is an extremely valuable skill. This course will help participants gain the knowledge to effectively develop models for various types of business investments and apply accounting principles in real life.

Fundamentals of Human Resource Management

Offered by American Management Association, this course will help participants learn how to lead a team of employees from the very beginning effectively. This course covers recruitment, career development, performance appraisal, employee empowerment, and many more.

Fundamentals of Finance and Accounting for Non-Financial Managers

AMA has been specializing in professional development courses for decades, and their Fundamentals of Finance course is one that professionals in all industries will benefit from. This class focuses on teaching participants how to understand various financial statements and how to analyze the information they provide so that everyone can be on the same page financially when it comes to company growth or decline. Anyone who attends this class can make smarter decisions that drive profitability.

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Best TedTalks for Entrepreneurs

TED talks provide invaluable online resources that transform many people’s lives. It is among the greatest sources of information online. The platform is content-oriented, and many people, including entrepreneurs, benefit from it. Here is a compilation of some of the best TED talks for entrepreneurs.

Maya Penn

Most entrepreneurs usually possess a combination of skills that make them survive in their niches. Maya Penn is a talented entrepreneur who is artistic and business savvy. In addition, she is a cartoonist, activist, designer, and entrepreneur. Maya is true to her creative calling and uses her talents to assist the global community.

Cameron Herold

Cameron is COO Alliance’s founder who believes that the traditional academic system is not working well with the younger students. Younger students get bored quickly and are negatively affected by poor performance, resulting in a lack of confidence in various areas. Herold feels that the problem lies with the system. He advocates for improvement in the traditional teaching methods by taking a more career-oriented direction.

Simon Sinek

According to Simon Sinek, the CEO of the company is the one who calls the shots. He is the captain leading his team to success by guiding them and making the right decisions. Simon believes that excellent leaders are creative and can always find their way around problems to develop accurate solutions.

Regina Hartley

Selecting the right candidates to work for an organization is not a breeze. During an interview, many people come with appealing resumes that do not reflect their skills and abilities. According to Regina Hartley, a stellar resume does not guarantee that the candidate will perform as expected. On the other hand, a candidate with a less impressive CV but with grit and passion for the job may end up doing an excellent job than expected.

Josh Luber

Josh Luber is well-known for his argument that sneakers are a great investment. He believes in research and market analysis on niche areas of sneakers and prides himself on his market analytics company’s success. In addition, he provides invaluable advice on return on investment on sneakers.

Didier Sornette

Didier Sornette advises entrepreneurs on the economy and cycles of recession. According to Sornette, entrepreneurs should identify industries that demonstrate instability to minimize risks and losses. In addition, he believes that entrepreneurs should be aware of the macroeconomic trends to predict industries.

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