There is a Lot to Learn from Young Entrepreneurs.
There is a lot to learn from young entrepreneurs We all have come across the names of Vijay Shekhar Sharma (Paytm Founder), Binny and Sachin Bansal (founders of Flipkart), Bhavish Aggarwal (Ola cabs founder). They all are perfect examples of young entrepreneurs who have acted as agents of change in the modern society. They all possess certain traits that separate them from the crowd. Traditional businesses are evolving and the young entrepreneurs are the inspiration. The world has never witnessed such a widespread influence of young entrepreneurs and these are some of the successful traits of the young entrepreneurs to be adopted. Charismatic Young entrepreneurs have the charisma required to build a friendly and healthy environment in the organization. They make sure that all the co-workers can reach them and in turn, no communication gaps exist. A good bonding motivates employees and yields good returns. Craves Learning Ambition to learn and implement - is the most outstanding trait they possess. Youths are curious learners and they like to stay updated about new inventions and techs. Moreover, they know how to make the best use of networking. Passionate Youngsters are filled with enthusiasm to face new challenges and grab every opportunity that comes their way. They are always exploring new possibilities & making their way out of obstacles. Mindset The different outlook and mindset of young entrepreneurs has made them the choice of every thriving firm in the country. They possess a positive and fresh mindset – they are ready to explore and grab new opportunities and thus, help to bring changes in the conventional ways of dealing with business problems. Innovation Youths are quite innovative and capable of providing useful products and ideas to solve the problems of the masses. Who knows the better use of latest technologies than the modern youth? When it comes to devise new stuffs and make innovative use of technologies, they always outshine the rest. Tackling Problems Analyzing different aspects of a problem and coming up with the best possible solutions is the quality that distinguishes them. They are persistent and do not give up until a problem is fully solved. They see problems as ‘challenges’ and do not hesitate to go out of their comfort zone to solve them. Highly adaptable They are quite flexible and adapt to the situations as per the firms interest even if that means more work load or out of the job profile. Young entrepreneurs often go an extra mile and their results speak for them. Risk Taking Youths are known to take calculative risks for positive growth of the business. The biggest risk is not to take any risk and the better knowledge of ROI gives the youngsters an edge.
Should you Sit or Stand at Work?
Should you Sit or Stand at Work? Sitting for too long is not good for you – so should you stand at work? Sitting for long periods of time leads to joint stiffness, neck pain, back pain and postural problems – so should we all be standing at our lap tops instead of hunching over them at a desk? Like every other question it depends – how long we do it for and the type of chair and it depends on who we are. In truth doing any one thing for too long is not good for our bodies The truth is that we need to keep moving – sit for a while and stand for a while is the best way to spend our day so that we don’t overload our joints and muscles. One study found that in the workplace, productivity increased when people have the ability to sit and stand throughout the work day. The study, conducted by researchers, examined the productivity of two groups of call-center employees, about 170 employees total, over the course of six months. One group was seated throughout the day, the other group stood up if they wanted to. By the end of the study, the employees using stand-capable workstations were about 46% more productive than the sit-only group (productivity was defined as the number of successful calls each employee completed per hour of work). The difference in productivity between the groups was significant, but the amount of time spent sitting versus standing was less than first thought. On average, the group who could stand or sit to work actually sat for just 1.6 hours less per day than the sit-only group. Second, the differences in productivity only started emerging after a full month of the study. It took that long for the participants to adapt to standing part of the day and figuring out what worked best. No one made overnight changes. The researchers say they also gathered data on employee discomfort and found that “nearly 75% of those working in standing mode experienced decreased body discomfort after using these desks for the six-month duration of the study.” Which also goes to the point that it takes some time to adapt to a combination of sitting and standing, and no one should go into this thinking they’ll magically adapt immediately. Each position has its advantages and disadvantages. Research indicates that long term sitting or standing are risk factors and that alternating work postures may be preferable. Alternation between two postures allows for increased rest intervals of specific body parts, and reduced potential for risk factors commonly associated with MSD development. Ideally, provide workers with a workstation and job tasks that allow frequent changes of working posture, including sitting, standing, and walking. If either sitting or standing is feasible but only one possible, sitting in a properly designed chair is preferable.
Where is the Mumbai Retail Market Headed?
Where is the Mumbai Retail market headed? The Mumbai Metropolitan Region (MMR) has the highest potential for modern retail in the country, at Rs 1,05,000 crore by 2036, followed by the National Capital Region (NCR) and Bengaluru, according to a report by property consultancy Knight Frank and Retailers Association of India (RAI). India is the first choice of global retailers and there are nearly 400 global retailers practicing business and many more yet to come. With a population of over 2crores and rising per house capital income makes Mumbai country’s biggest retail market. Whether it is improved connectivity or the ease of imports and exports, all these factors have strengthen the retail sector. Government opening arms to the foreign investors and retailers have opened up a pool of options for buyers. A household now has much more foreign articles then compiled in last 25 years. The traditional markets are growing at a fast rate and are the first choice of buyers. Giants landing in Mumbai in form of marts and complexes has provided buyers variety and also set a different league of business. Food and cloth sector has got a great boom and has exploded into a big sector where there is no slowing down. The food chains and the local vendors are all carrying out their operations and Mumbai is witnessing a never such great competition. The potential for food and beverage quick service restaurants (QSR) in the Andheri-Borivali belt and the island city is estimated to be Rs 780 crore and Rs 730 crore respectively by 2036, offering a big opportunity to QSR players such as McDonald’s, KFC, Burger King and Domino’s Pizza, the report said. Mumbai leads in the retail expenditures of the country and is the prime source of revenue for the state and central government. Abolishment of Chinese good illegally imported has led to a great capital rise among the country and Mumbai led that too. Although Mumbai still lags behind NCR in terms of retail penetration but is expected to contribute in a big way to the retail spending of the country.