Category "Adam Kidan"

5 Habits That Guarantee Failure

- - Adam Kidan

In the words of Winston Churchill, “success is not final, failure is not fatal — it is the courage to continue that counts”.  If you’ve failed in the past yet didn’t give up, you’re stronger than you think.  Everybody is afraid of failure, and experiencing it is ultimately inevitable.  Yet your response to this failure is what makes all the difference.  Here are a few habits that could guarantee failure, based off an article I found on entrepreneur.com:

Failing to plan: You have a better chance at success if you have a gFailureeneral plan.  This doesn’t have to be perfect, and you’ll ultimately get more out of getting something done than getting it done perfectly.  Think through whatever you want to achieve and make plans on what to do next.  You should have specific, measurable and time-bound plans.  If your plan isn’t measurable, you’ll be prone to procrastinate, so work with timelines to achieve ideal results.

Fear of trying: As Wayne Gretzky once said, you miss 100 percent of the shots you don’t take.  Start to confront your fears and take the most basic steps towards what you have to do.

Giving up too soon: One of the best secrets of success is learning to conquer your doubts.  Most of us give up on our passions too soon, yet don’t give up.  Take a look at the story of this man: he failed in business at 21 and 24, lost a legislative race at 22, lost a congressional race at 34, a senatorial race at 3 and failed at becoming Vice President at 47.  Yet then at the age of 52 he became President of the United States.  Who is that, you might ask?  Abraham Lincoln.

Disbelief: If you don’t believe in what you do, then you’ll give up, and all the effort you’re putting into it will have been in vain.  Your mind’s unconscious beliefs play a huge role in the amount of effort you ultimately put into your life’s work.  Your progress depends on your decision to try knowing that you’ll overcome your failures and rise above them.

Making excuses: There will always be a reason to why it “can’t be done”.  People are always trying to explain why they couldn’t, shouldn’t or didn’t do something, but making excuses like that just means that you’re not in control.  People make excuses because they’re afraid of the unknown, or afraid of change, rejection and embarrassment.  If you learn how to eliminate all traces of fear from your life, then you can stop making excuses.

Kale Pops?

- - Adam Kidan
Green juice

You’ve heard of kale juice, but what about kale popsicles? Sophie Milrom is trying to change that.

The majority of popsicles flavors are pretty simple: cherry, raspberry, orange.  Maybe the occasional fudge or mango.  Yet how about kale flavor?  Or lemon, cayenne and agave?  Young entrepreneur Sophie Milrom has been looking to popularize these flavors with her new company, EatPops, dedicated to providing more options for healthy, sugar-free snacks.

Starting out her company, Milrom spent some $10,000 making samples.  Every morning before going to work at a bankruptcy law firm, she would put her samples in an insulated freezer-purse and go from grocery store to grocery store, pitching her idea to potential vendors.  Three months after becoming certified to practice law, Milrom started working at EatPops full-time, launching her company six months later.

Two years later, EatPops can be found in 10 states and are available in more than 300 stores.  As an entrepreneur, Milrom has been capitalizing on the clean food revolution; she points out that her popsicles satisfy both the paleo and vegan diets, two of the fastest-growing food trends.  EatPops, with flavors such as banana, peanut butter, vanilla, agave, carrot, mango and pineapple, markets itself as a healthy alternative to ice cream.  Yet it also fits the qualifications of a meal replacement, as well as a variation on the juice cleanse, even if the company has yet to develop a formal cleanse plan.  Yet unlike the highly perishable fresh juices necessary for a proper cleanse, these popsicles have a two year shelf life, and Milrom claims that they’re ultimately cheaper than the traditional cleanse.

While the thought of a kale and spinach popsicle might not appeal to everybody, Milrom says that EatPops have a high appeal to those who are more health-conscious, both millennials and mothers who want to get their kids to eat vegetables.  Milrom has partnered with like-minded health-conscious companies to put on fitness events where her pops are served.  For the new year, her resolution is to collaborate on more events with fitness studios in New York and LA.

Oil Raining on Christmas

- - Adam Kidan

As oil values have plummeted, stocks have fallen sharply.  The Dow fell 300 points today, a 1.7% decline.  The Dow, S&P 500 and Nasdaq have now all fallen about 3% so far this December.  Crude fell more than 3% to a new seven-year low, dipping below $36.  Investors have little interest in big-energy stocks, with Chevron falling 3% and natural gas companies Southwestern Energy and Chesapeake falling more than 7%.  To add flames to the fire, retail sales for November have proven weaker than expected.

Investors have also been worried by the fact that the Third Avenue Focused Credit Fund announced plans to liquidate late yesterday, and won’t be allowing shareholders to withdraw money from the fund.  This is a further oil plummetingsign of turmoil in the bond market, in particular for high-risk corporate bonds.  Therefore, it’s no surprise that CNNMoney’s Fear & Greed index fell into “Fear” mode today.

While the picture looks bleak, some believe that the Federal Reserve could hold the solution.  If the Fed raises rates in mid-December, which is widely expected, it could cause stocks to pop.  Investors could interpret this move as a sign that it is still confident about the economy and job market, even with concerns over commodity prices and the slowed growth in China.

Investors could be pushing the expected start of the “Santa Claus Rally” earlier and earlier each year, much how retailers put out their Christmas merchandise the day after Halloween.  However, the market tends to surge at the very end of December after traders leave for the holidays, and such liquidity could drive stocks higher, much like what happened last year.  Rapidly plummeting oil prices have led to big losses in the stock market during the first half of the month.  Yet in the final two weeks of 2014 and 2013, stocks took off.

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Facebook at Work

- - Adam Kidan

Facebook at work

In the coming months, Facebook’s professional version, Facebook at Work, is expected to launch after spending a year in tests.  This new service, geared towards workplace collaboration, is nearly the same as Facebook itself, with “likes”, a scrolling news feed and live chat.  However, Facebook at Work users will maintain profiles that are distinct from their existing Facebook profiles.  They’re also developing exclusive products for the new Facebook, including security tools.

Facebook started beta-testing the service in January, and so far has kept it as a free “invite-only” service for companies.  It will be open to all companies once it’s launches, and Facebook plan on charging a fee for premium services such as analytics and customer support.  The online career market, which includes LinkedIn and Monster, is worth about $6 billion a year.  More than 300 companies are currently using Facebook at Work, and the French resort company Mediterranee SA is set to be the latest adopter.

According to Facebook’s director of global platform partnerships, Julien Codorniou, almost everything on Facebook at Work is the same as regular Facebook, except for a few differences; there are most likely going to be less chances to play games like Candy Crush.

How Facebook at Work is going to work remains to be seen.  For one, maintaining one Facebook profile is difficult enough for a lot of people.  And often-times, the original function of a platform changes with how people decide to use it.  There’s a distinct possibility that Facebook at Work could serve as much of a distraction as Facebook itself.

The Top Cities For Startups

- - Adam Kidan, Business

The Brighton School of Business and Management recently released an infographic that reveals the top 10 places to launch your startup, which was published in the Swiss company Seedstars World.  I recently found an article where a writer in Forbes interviewed the founder of Seedstars to get her take on why each of these cities is such a good place for a startup.  Below are the cities listed in the infographic, and what incentives they have to offer:

Kuala Lumpur

Kuala Lumpur: The cost of living in Malaysia is a lot cheaper than in neighboring Singapore, so there’s been a trend of startups that are incorporated in Singapore but based in Thailand or Malaysia.  Malaysia is also a good test market with three different nationalities present.  So theoretically, if you can make it in Malaysia then you’ll have a shot at making it in the Chinese, Malay/Indonesian and Indian markets.

Beijing

Beijing: Although Chinese culture doesn’t foster entrepreneurship, this is changing fast and success stories are making it a more and more valued career path.  China has also been focusing on higher-end and more advanced manufacturing.  China has a tax relief program for startups that have been established by previously unemployed workers and recent college graduates.  Earlier this year, China set up a USD 6.5B VC fund for startups, with a particular emphasis on seed stage startups.  The country now runs at least 1,500 incubators.

City of Warsaw

Warsaw: Due to its bigger internal market and strong history of entrepreneurship, Poland is considered a much better entrepreneurial market than its Czech and Slovak neighbors to the south.  They already have a few success stories under their belt, and have been attracting some of the top tech companies around the world, including Google.  Apart from Warsaw, Krakow, Gdansk and Wroclaw are all becoming major startup hubs in Poland.

Red Square Moscow

Moscow: Although failure is feared and condemned, Russia still places a strong value on entrepreneurship.  The legacy of the Soviet Union means that there’s a large number of both quality engineers and hardware companies.  However, political tension and currency devaluation has meant there’s a clear brain drain.

Bangalore India

Bangalore: In cities such as Bangalore, Mumbai, Pune, New Delhi and Chennai, entrepreneurship is strong.  There’s a huge market, and the number of engineers that graduate every year is impressive.  Bangalore’s startup scene is traditionally focused on engineering and tech development, which means it can be difficult for founders to find good business development or design counterparts.  Although there aren’t any incentives for startups and it can take several months to set up a business, the cost isn’t too high.  In the city itself, there are at least 10 startup events happening every week, which fosters a strong startup culture.

Sydney Opera House

Sydney: Being an entrepreneur in Sydney is well-respected, although most people still tend to seek the comfort of corporate employment.  Most startups are still focusing on their local market, although there has been a shift in mindset where they start to think more globally.  Unfortunately, the government doesn’t tend to allow for any special tax incentives for entrepreneurs.

Tunis

Tunis: The recent Arab Spring served as a turning point for the entrepreneurial spirit of this small North African city, and things are still very very new here.  One of the most pioneering startups here is Tunisia Live, an English-language news portal that was originally set up to transmit live images and report breaking news during the Arab Spring.  Startups here tend to use and create tech products to mobilize communities, often engaging them in political discussions and working for the collective good.  To better support the local entrepreneurship market, policy makers have started to implement new strategies and programs to boost incubators, accelerators and education programs.

London

London: In the first quarter of 2015, investors pumped a record-breaking £459m of venture capitalist funds into London’s digital sector.  This is augmented by seed enterprise investment schemes (SEIS), the British Business Bank, R&D tax breaks and government startup loans.  Tech is now regarded as the lifeblood to powering Britain’s economic recovery, with Britain’s fintech players being worth an estimated £20bn in annual revenues collectively.

Cairo pyramids

Cairo: A mass of young and educated graduates in Egypt means that a whole bunch of startups have been popping up.  Entrepreneurs have been fighting setbacks to exploit the birth of various new accelerators and crowdfunding campaigns.  Thanks to the quality of local universities, Cairo is also home to some of the best engineering talent in the area.

Sofia Bulgaria
Sofia: Although it isn’t a well-known fact, Sofia has one of the lowest income taxes (10%) and one of the fastest internet speeds in the world.  There are some very successful companies coming out of the scene here, and Sofia has become a strong regional hub by accessing the EU’s structural funds to create three separate funds: LAUNCHub, Eleven Startup Accelerator and Neveq.

Fighting the “Entrepreneur Blues”

- - Adam Kidan, Business

It’s a situation that happens with every entrepreneur: they’ve got a great idea, they’re setting out, thinking that it will make them rich and fulfill their biggest dream.  Yet being an entrepreneur isn’t all fun and games, and the pressure and stress that comes from managing the unknown day after day provides no shortage of stress.  Yet there are ways for you to manage that stress; I recently came across an article that features six ways to stay optimistic when facing the “entrepreneur blues”, listed below:

Monty Python Always Look on the Bright Side of Life

In Monty Python’s “Life of Brian”, the title character is told to “always look on the bright side of life”.

1. Be thankful: The author of the article advises entrepreneurs to write down three things every day for which they are thankful, but these need to be new things each time, so nothing can be repeated.  This trains your brain to constantly search for positive angles, because after a while finding three new things to be thankful for every day can be tough.

2. Surround yourself with good people: It’s only natural to adopt the attitudes of people around us, and optimism is contagious.  We’ve all got those friends we just enjoy being around, since they emit positivity.  Of course, the opposite is also true.  Avoid those kind of people as much as you can.

3. Be mindful: All sorts of health practitioners, coaches and organizations are boosting mindfulness as a way to boost employee engagement and productivity.

4. Consistently exercise: Studies show that exercise releases chemicals that reverse the effects of stress.  Try working out for 20 minutes three times a week for a month, and chances are you’ll feel better at the end of it.

5. Set and achieve small goals: Setting goals is a great way to boost your self-efficacy; achieving goals allows you to tap into an unknown part of your character, bringing all sorts of new potential into the game.  Yet goals need to challenge you; something that you write down and check off is a to-do item.

6. Choose your words carefully: Positive self-talk has got no shortage of power; replace negative words like “can’t”, “need to” or “have to” with ones like “am”, “choose” or “being”.  Adopting such a mindset can take a big mental shift, but once you can you’ll feel a lot stronger.

Why Proper Goal Setting Is The Key To Success

- - Adam Kidan, Business

There is plenty of advice out there that can help motivate you or increase your productivity at work. While this advice is certainly important and can provide a real impact on your work life, if you are focused on achieving success, there is no substitution for goal setting. As this article points out, if you want to achieve business success then it is important to set goals for yourself and build your life around these goals. Here is a list of some important tactics that you should incorporate in order to reach your goals and the success that you desire.

1) Review Your Goals Every Day

Plenty of people have ideas or dreams for what they want to accomplish. What separates those that simply dream from those that achieve success, is that successful people take action on their ideas. One of the major obstacles for dreamers is that life goals can appear overwhelming and unattainable. However, if you break down your goals into a series of small, achievable tasks then overtime you can make real progress and eventually you will accomplish these dreams. At the end of each day, review what steps you took that helped position you to accomplish your goal.

2) Evaluate Your Goals Regularly

It is important to evaluate your goals regularly so that you can focus on what is actually important to you. Sometimes your goals may be different than what you are actually trying to accomplish. Evaluating your goals helps you determine if you are taking the right path. Suppose your goal is to run 10 miles a day but you have knee problems. You should ask yourself if your goal to run 10 miles a day is actually your goal or if you are simply trying to achieve a healthier lifestyle. By evaluating your goals, it provides you the opportunity to take a step back and examine the bigger picture.

3) Zig Zag Your Way To The Top

You will be tempted to want to rush toward your goal as fast as possible. But on your path to success, you will inevitably encounter unexpected obstacles. These obstacles can provide an opportunity to take different courses of action that you may have never considered. These obstacles may be frustrating but at the end of the day, your business will be more stable because of your ability to adapt. Zigzagging requires you to be flexible and forces you to take advantage of different opportunities. When you encounter a roadblock, evaluate your goals and determine whether it may be more beneficial to pivot from your current model.

Healthy Habits to Increase Productivity at Work

- - Adam Kidan, Business

Adam KidanA productive work week is always reflected by how you choose to prepare, and starts with the development of healthy habits. Entrepreneurs especially tend to have a jam-packed work week and often forget the power that maintaining a healthy lifestyle has on their bodies and minds. Here are some tips to make sure that you have as productive a day as possible so you can effectively lead and grow as an entrepreneur:

First, make sure you prepare for the coming day the night before. This means knowing what’s on your calendar. If you have important meetings or any calls the next day, be sure you have your notes ready and have done your research for how you want to lead the call or meeting before you tune out for the night. This does not have to be done in depth, because you should have time at work the next day to prepare, but it just gives you more notice of what you expect your schedule to be like the next day.

In addition, you should prepare what you need for the morning so you don’t leave anything important at home. And yes, this includes your lunch. Make a healthy lunch the night before so that you have food to fuel you throughout the day and so that you don’t rely on the office vending machine to cure your 11 am hunger.

Adam KidanSleep plays an important role in determining your productivity for the day. As you probably already know, when you don’t get an adequate amount of sleep, your brain tends to be foggy and you most likely won’t be as productive as you would be after a good night’s sleep. In order to ensure you’re getting at least 7-8 hours of sleep each night, turn off your electronic devices that can be extremely distracting before bed. We all know that Netflix can be addicting, especially if you’re in the middle of a great show. But turn it off, it’s not worth the fatigue the next day.

Another great way to start your day off right is by getting up and moving – this could mean working out, walking your dog, or even stretching in your living room. According to an article published on Entrepreneur.com, “Getting out of bed and making your body move gets the blood flowing and the brain synapses connecting again. If you aren’t in the habit of moving first thing when you get up, this may feel a little strange at first but trust me, it works,” (7 Healthy Habits That Maximize Your Productivity Every Day). You will notice a near automatic surge in energy and a clearer head if you start moving first thing after you wake up.

Last, learn to tame your brain. As an entrepreneur, you will probably experience increased levels of stress and feel that you are overwhelmed at certain points throughout your week. To stay healthy and happy, learn to meditate. Meditating is scientifically proven to help people deal with stress and improve mind fluidity, allowing your brain to become more adaptable.

Overall, staying healthy is the most beneficial thing you can do in order to increase your productivity rate throughout the workday. Make sure you are eating right, sleeping well, and getting enough exercise each day so that you can feel well-nourished and balanced for your brain to function properly.

Business Tips: Goal-Setting

- - Adam Kidan, Business

Adam KidanRegardless of what type of business you own, setting reasonable goals is one of the most important steps you can take in ensuring that your business sees adequate growth. Many times business owners will set goals that are either too small or too big – for example, setting a goal that should take a year to reach in a one-month time span – which in turn hinders the success of their business. Here are a few ways you can make sure you are setting strategic goals appropriate for your own business’ well-being:

First, look at the hard evidence. Making adjustments to the way your business carries out certain strategies according to facts and results is the best way for your business to improve. According to an article published by Better Business Bureaus, “When things aren’t going well or as you had planned, take a step back and analyze why this may be happening. As soon as you realize that you need to make a change, consult with mentors and use the information you have to adjust,” (3 Strategies for Getting the Most Out of Your Business). If you notice that certain actions result in failure to deliver a desired outcome, make the changes needed to ensure those actions do not repeat.

Next, finding a mentor to emulate is a great way to see your business take off. It’s usually best to choose an idol who is either in a similar realm of business as you or whose success rate is admirable enough for you to look into and imitate. Looking deeply into a mentor’s hard work ethic, education, habits, and whatever else it may be that has helped them reach a high level of success is a great way to give yourself and your employees a role model to look up to. This way, you can set goals that revolve around this mentor’s road to success and hope that your business can show some sort of improvement after imitating.Adam Kidan

Finally, set goals that avoid taking shortcuts. Taking shortcuts often means that a business is skipping chances for professional development, which will often lead to undesirable outcomes. According to Better Business Bureaus:

“Your business must be build on ethical business practices, knowledge of your product and company, a desire to improve via professional development, and a commitment to representing your company and serving customers to the best of your ability,” (3 Strategies for Getting the Most Out of Your Business).

So, when you set business goals, be sure that they are always ethical and promote self-improvement and professional enhancement. Though it may take longer, when you reach these kinds of goals you will notice a strong, empowering change in your business’ success and the work ethics of your employees.

Staying Proactive at Work

- - Adam Kidan, Business

Let’s face it – we all get off-track at work sometimes. From unexpected client phone calls, to catching that unique strand of flu that comes out once a year, trying to meet a deadline can catch up on you. But luckily there are many ways to stay proactive at work so you can be on top of your game and show your boss how hard you truly work. Here are some tips for getting back in the work-groove, meeting deadlines, and being an overall great employee:

Adam KidanFirst, write down a to-do list, don’t just make one in your head. To-do lists are great because they allow you to see everything that should get done either daily, weekly, or monthly. Seeing the work that’s in front of you will give you a better grasp on which tasks you should prioritize, and which you can get away with spending less time on.

Next, once you’ve sorted out which tasks should be weighed more heavily over others, focus on those. There will be time to get the little things done later. In order to focus on your priorities, you must close out of all other screens, stop checking texts, and tune out whatever else it is that distracts you. An article published by Entrepreneur.com states:

“That email inbox on your phone/computer screen is like crack. Once you check on, you just can’t stop… or compulsive deleting kicks in… So minimized distractions by not even going there so you can focus on the things that you have deemed more important,” (Chan, 7 Habits to Work Proactively, Not Reactively).

Adam KidanIn addition, you should practice getting in the habit of putting your personal phone on airplane mode in the morning and only checking it at lunch. This will help immensely when it comes to distractions.

Last, stop overthinking things – just get them done. This may sound way more harsh than it actually is. Think about how many times you sat at work thinking about what you had to write or get done, gradually becoming more distracted as each minute went by. Just start writing, don’t think as much about it – there will be time for you to edit. Whether it is a 5 minute email that you’ve stretched to 30 minutes, or an hour-long report that you’ve taken all day to write – getting into the habit of just starting without thinking too much will help avoid future distractions so you can get more done and stay caught up at work.

If you need more advice on how to stay proactive at work and get what needs to be done, done – check out Entrepreneur.com’s article here.