Category Archives: Business & Property

Tips How To Pivot For Business Owners

Running a business requires you to be a fast thinker and problem-solver. There are problems you can solve without your presence. However, there are some of them that require you to be there in person. The situation like this can be very challenging especially during pandemic where working from home is the new policy. Brick and mortar business has experience huge impact from the pandemic. Only those who could pivot quickly  were the ones who survived. 

Tips How To Pivot For Business Owners

Pivoting when unexpected things hit your business

Running business won’t always be about sunshine and rainbow. In fact, it is a path where you likely will find various obstacles on daily basis. You can predict and calculate what challenges or problems that may arise when you make a plan or decision. However, it is often that unexpected things happen while running business. The real and fresh example is the global pandemic. No one expected that to hit 2020 yet it still happened. Hence, the ability to pivot is truly essential regardless of the situation. In fact, it comes in handy when your business is hit with the unexpected. Then how to pivot quickly?

Have your mental ready for the change

Business is an uncertain world but one thing is certain; change. It is something inevitable in business regardless of the pandemic. Even if there was no pandemic, your business might have been hit with another form of the unexpected such as health problems, divorce, pregnancy, etc. Hence, it is essential to be mentally prepared for those situations. 

Train your brain to build your future vision

You need to be clear on what you desire in your business and life. Then, practice to connect to that vision using all your senses daily. Your vision will show what it will look and feel when it becomes reality. Then, you can journal it as if it is truly happening now. If you face a stumbling path, try to re-imagine your life in that perspective. Once your brain is trained to this practice, you will be better at adapting to new situation. 

Have your finance ready

Make sure that your business doesn’t rely solely on one income stream. Try to find some ways that can help you bring in more income. Find new sources that can help you build your own financial security. Find a way to earn more income that doesn’t require you to seek out new client. Diversifying your offerings can help a lot when something unexpected hit your business. Instead of being caught off guard, you will be ready to face the situation because your finance is steady. 

Be open minded and let creativity guides you

When you are open-minded, you have more flexibility in you to pivot and adapt even if the situation is scary. Sometimes, the situation is so hard that you need to experience massive hurt while pivoting. However, your open-mindedness and creativity will help guide you to find the best solution for the situation. You will find your success again even if it hurts in the process. 

The Idea Of Co-CEO Strategy To Help Your Business Flourish Even More

The Idea Of Co-CEO Strategy To Help Your Business Flourish Even More

The majority of CEOs work with every department of their company from marketing to relationship management. Many of them choose to delegate the tasks as the solution for the abundance of works they have. However, you can also consider another solution, which is to divide. Co-CEO strategy is not unfamiliar approach in business and corporation world. 

Co-CEO strategy to let your business flourish

Using co-CEO strategy means cutting your tasks in half. It sounds appealing because then you can have more time to do what you do best and slow down. Also, it can increase your sales and double your growth. As tempting as it sounds, co-CEO comes with its risks. One of the key drawbacks of it is a loss of control. You have to be ready to lose some of your control over your company. 

Co-CEO strategy needs to be done carefully with well preparation and good plan. There might be some clash here and there of this strategy with your own leadership style. However, it is the process of transition and remember that co-CEO doesn’t have to be permanent thing for your business. 

Define your core value 

Define your core value

If you are interested with this strategy, it is important to define your core value first. You need to ask yourself what traits you value the most. Also, you need to know what values you seek in a counterpart. It is like coming back to find yourself but it is fine because that can be the process of your self-growth.

Communication before everything else

It is impossible to avoid some clashes when working with different people. However, communication is they key in any relationship even the professional ones. Hence, you need to consider how to cultivate a shared language used with your co-CEO as well as employees, competitors, and client base. You need to fully commit to a united front to make this strategy turn out fruitful. 

Regular check-ins

Regular check-ins and performance evaluations should be a regular thing in joint leaderships. Even though you and your co-CEO already know what responsibilities each of you are entitled with, communication needs to be established well. Without it, there will only be disconnection. Schedule conversation regularly to build and maintain good communication. 

Define the complementary skill sets

It is also crucial for you to define the complementary set skills your future co-CEO must have. You don’t have to find someone who has exact traits as you. It doesn’t matter if they have different traits as long as they are something you value. Differences are not bad and you can even used them to complete each other. 

Cost benefit analysis 

Conducting a cost-benefit analysis is just as important. You need to know if you can afford to pay a second CEO salary. You need to know what kind of payment, compensation, or incentives you can afford. You need to review your financial situation because it can affect the overall of your business operation. Make sure to consider both the benefits and drawbacks of using the co-CEO leadership strategy  for your business and everything it involves. 

Building Customer Loyalty During Pandemic

Building Customer Loyalty During Pandemic

Shopping habits have changed since the global pandemic hit. Many customers change their buying behaviors to adjust with the situation. Online shopping has increased significantly since people have to stay at home following the guidelines to minimize spreading of covid-19. Safety has become the main concern when it comes to buying activities now. Many people are no longer feel safe to visit brick and mortar store. However, you can still encourage customer loyalty even during this global pandemic. 

How to build customer loyalty even during global pandemic

Feeling connected is one of the most important element to build trust. When customer feel connection with your brand, they won’t hesitate to buy your products or service and keep coming back. Here are several ways you can consider to build customer loyalty:

Win customer loyalty from customer service

To gain loyalty from your customer, you have to start with excellent customer service. Providing excellent customer service will make your customers feel safe doing business with you. You can improve customer service by responding to your customers quickly, finding solution for their problems immediately, empathizing the struggles your customers are having during this hard time, and so on. 

Start a personalized service

Start a personalized service

Deliver personalized service to each of your customer. Personalization is key to successful business. It can help customers feel more valued and special because they receive relevant contents to their interests. To personalize service, you need to find out your customers’ interests on individual level. Use the right system to record and collect data of each of your customers’ information. It can be challenging indeed to personalize service to each customer. However, it will pay off. By personalizing service, you will be able to simplify purchasing decision for your customers making them having great experience. 

Build customer community

Create a community where your customers can connect with each other. During this global pandemic, the feeling of disconnectedness is real. Hence, you can create a safe space where your customers can share their stories, struggles, or tips with each other. You can build community that focus on the challenge or common interests your customers share. You can start a group in social media platform such as Facebook or Twitter. You can set up virtual events or meet ups to accommodate your customers. 

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Three Most Popular Investment Types in Indonesia

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Planning a customer reward program

Planning a customer reward program

Customer reward programs can be a good idea as well to build customer loyalty during this pandemic. However, this strategy may need more preparation and plan. You have to make sure that the programs work both for your customers and staffs. Make sure to connect this program using proper system so it will be easier for customers to sign-up, track, and claim their rewards. 

Use customer feedback to build their trust

Every customer has their opinions. Even though some customers sometimes prefer to be more of a silent buyers, you can always collect feedback from those customers who tend to be more active in voicing out their thoughts. Use their feedback to improve your service and personalize your offers. Feedback is not only meant to be received but you also have to make changes to improve your business and gain more loyal customer base. 

Three Most Popular Investment Types in Indonesia

Have you started to prepare funds to start investing? Of course, after struggling to save, now is the time to invest the funds. Investment is very necessary if you really want financial freedom for your long term financing. The earlier you invest, the better the long-term results. This is also influenced by the composition effect. However, you must of course also choose wisely which investments to make. You can choose which ones are valued for you! Read well my friends!

In economics, an investment is an immediate expenditure intended to increase, in the long term, the wealth of the person who engages it.

Three Most Popular Investment Types in Indonesia

Term deposits

Term deposits are bank deposits with a higher interest rate than ordinary savings. Term deposits have a clear maturity date. If you want to withdraw deposits before the due date, there will of course be a penalty. However, if your deposit is properly within its due date, then you have the right to withdraw funds without penalty. The more money you deposit, the more money you deposit, the more interest you will get. Term deposits are often viewed as a low-risk and relatively safe form of investment. Besides, making deposits is also quite easy and straightforward, so that many newbie investors start investing with deposits. The downside to deposits is that you won’t be able to receive your money for a set period of time. So make sure you have some reserve money for your emergency fund.

Precious metals investment, one is what is called gold investment

Investing in gold or precious metals could be considered one of the more classic types. This investment has been popular among Asians from ancient times until now. Gold will generally experience price increases in response to certain events that cause the value of paper investments, such as stocks and bonds, to decrease in value. The price of gold can also fluctuate in the short term, but its value is maintained over the long term. Seeing this, of course, gold can be an investment worth considering. However, you must be prepared to provide a safe place to store any gold or precious metal you have purchased. Make sure there is gold, don’t worry about sleep, for fear of losing gold.

Real estate investment

Has a similar function to the value of properties generally continue to increase from year to year. This often makes property a popular choice for long-term investment. But keep in mind that in addition to the profits, the lost property investments are also very striking. One of them is where you are going to incur high costs and where you will need a lot of money to buy a property. In addition, the purchased property will also require maintenance to maintain it so that it has a high sale value for the next several years.

The Importance Of Franchise Businesses Now

The Importance Of Franchise Businesses Now

Running business during difficult times can be very much more challenging. Lots of businesses have been struggling to survive during the crisis caused by the global pandemic. Not many businesses are able to survive. Some of them have been closed down for good. However, there are also other businesses that can survive and thrive successfully. Some of them even scale their business well and thrive during this difficult time. What about the idea of franchising? Does it have bright future to thrive during economic downturn like this?

Franchising during economic downturn

Successful franchising is possible even during economic downturn. In fact, there are many benefits and opportunities that can be gained from franchising. In fact, many economy experts even said that franchise businesses will have more important role after 2020.

Giving more job opportunities

Franchise businesses open more job opportunities. Franchise businesses usually have stable system as well as consistent products and services. Thus, they are able to stay open and remain profitable. These kinds of franchise businesses usually don’t really have to reduce their workforce. Hence, they operate smoothly even during difficult time like this. The more franchise businesses are opening, the more job opportunities arise.  

Solid corporate system of success

Solid corporate system of success

Franchise businesses also have opportunity to provide their franchisees a solid corporate system of success. Hence, franchisees will not be left alone to figure out what to do to make successful system. They have good support from the franchisor. They are already delivered well-structured systems that are already proven to work just well by the franchisor. Rather than trying a do-it yourself exploration with business, making a franchise is considered less risky. 

Solid team to rely on

Franchisees are not facing financial crisis alone because they have solid team to rely on. They can share best practices as well as techniques so they are able to face unexpected situation like the crisis today. They have ore opportunities to do better during financial downturn than independent businesses owners. 

Lower expenses for better handling on financial downturn

Franchisees have more benefits because they have lower expenses hence they can deal with financial downturn well. They purchase inventory through larger network so they can keep their expenses down. During crisis, making expenses down is important. It is significant element to survive the crisis. Franchisees also have solid back up in the form of technology and software provided by franchisors. It makes them easier to track down their purchase better as well.

Established brand names

In business, name brand has significant role because it is what to contribute to public or customers’ recognition. Franchisees don’t really have to think about name brands anymore especially when they have been part of a national franchise brand. It will be easier for this kind of franchise business to attract customers especially when their name brands are already known for their quality and consistency. 

The recipes of successful franchise include strong organizational and communication and skills. It doesn’t mean opening franchise will guarantee a success. However, it does have opportunities due to solid system that has been proven to work well, hence more potential for success.

Bali Real Estate – Tropical Heaven in Heart of Canggu

Bali real estate have shaped its identity towards the time being. Its offers different concept and value that bring within a physical presence of the unit. In addition, as the industry are keep evolving, we might face a new color and vibes that brought to suit our lifestyle and culture.

Bali Real Estate

Furthermore the constant changing of behaviour and lifestyle also contribute to the real estate industry. Ranging from architecture, interior design to building material are mostly adapt to the person’s demand. The market are now leveraging to what define as new modern, imagination and innovation.

These aspect are strongly influence the real estate industry nowadays. For instance, we could see the trends of Bali real estate with the touch of traditional-modern and characteristic of the place. In addition, the characteristic of Tropical, pacific and exotique also used to determine the villa vibes. This helps describe villa concept in more accurate and figure the value in every unit.

Why Tropical Stand Out for Bali Real Estate?

Tropical refers to the condition and humidity on certain areas, it could also visualize the characteristic of a real estate in terms of metaphor. Not to mention, this villa characteristic constantly rising in demand overtime especially in area with very hot and humid climate, Bali.

Bali Real Estate

Stands as it sound, tropical could also reflect to the style of real estate. It is believe that tropical characteristic brings a new colour and vibes to the design and architecture of an unit. Furthermore, more luxury and elite villas are now influenced by this tropical touch. It brings more sense of natural and vibrant to both exterior and interior.

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Tropical Villa Leasehold in Canggu Area


A decent yet tropical Bali real estate can be describe by its concept and style. Unlike other rigid and dull concept, tropical villa are extremely eye-catching and relaxing. For instance, this tropical villa leasehold in Canggu, its the dazzling design concept there is to be lease. Spread across a 3.1 acre of land and building size of 231 sqm, this villa stand out with its full facility and tropical vibes.

Bali Real Estate

Features 4 grand bedroom, complete with 5 bathroom, full furnished and tropical theme that provide decent quality. Include with additional facility of BBQ area, 7×3 swimming pool, balinese gazebo, and spacious garden. It is without a doubt the most tremendous tropical Bali real estate you could found in the area.

Inquire this tropical villa now with interesting return on investment report and the best value. With a potential of rising value in few next years marks this unit as a clear and straight-forward investment. Great for both longterm investment or future pension property. Get the special offer by inquiring this villa now! 

Recording Ideas To Be Used Later

Sometime, we don’t really know when an idea strikes. Sometimes, they come out of nowhere during unexpected situation. Sometimes, they come after you think so hard that you feel like exploding. The problem is, sometimes you don’t really have time to save and record those ideas at the moment. When you are in the middle of conversation with your clients and ideas strike you, you cannot just leave your clients to write down the ideas. Or, it can be when you just sleep and an idea strikes waking you up. You need to sleep but the idea is too good to miss out. Therefore, idea recording is important.

Recording Ideas To Be Used Later

Recording ideas efficiently for later use

Ideas are important especially for entrepreneurs and business owners because they can help business to keep growing. Ideas means more projects and goals to accomplish, it means more accomplishment to earn. So how to record ideas efficiently even during an unexpected situation?

Visualize your ideas ASAP

When idea strikes you even during unexpected moment, don’t let it vanished in 10 seconds. Try to visualize it more in your hear within those seconds. If you are holding a pen, write it down even if it’s on a napkin. If the idea strikes you while showering, you can just say it out loud instead of thinking of writing it down later. Those 10 seconds are precious for you to not let the ideal slip out.

Create idea-book

Recording Ideas To Be Used Later

You can create your own idea-book. It doesn’t have to be a big book. It can be a small notebook you can carry anywhere. Make sure to stick a small pen to it so when the idea strikes, you are always ready to jot it down. Even if it’s during a meeting, you can always do it without disturbing the meeting. Some people opt to use their smartphone to record spur of the moments-kind of ideas. However, it can be a little less practical because you may not have your smartphone all the time.

Create particular platform

You can also create particular platform to facilitate and accommodate idea sharing within your organization. Thus, you and your team members can always put their idea whenever they have it. The ideas can be discussed later during meetings or brainstorming. It is such a great idea to let people free to contribute their ideas especially when it is for the sake of the business and their workforce.

Send emails to yourself

Some entrepreneurs choose to send the ideas through emails. They send emails to their own and don’t open them until they know what to do to put the idea into motion. For more visual entrepreneurs, they often just draw or sketch the ideas to visualize them better. Some even use use voice recording to help them record the spur of the moment kind of ideas. For others, recording idea is just as simple as using what you have on hand at the moment. That way, the ideas won’t just slip away and you can revisit them later.

 

Learn What Represents Successful Business Founders

There have always been open discussion about what makes a successful business founder. Lots of investors in business industry often look for successful, strong business founder to invest in. Of course, there are guidelines to learn more about founders such as their experience, technical background, school, age, and all other basic information written on the file. However, the it is hard to point out the real quality of a promising, successful business founders. Making judgement can only be done in several hours at max. It is not enough time to truly know the founder in deeper sense.

About successful business founders and their characteristics

Learn What Represents Successful Business Founders

There are several archetypes of business founders that have been in various discussion. Some of them represent successful business founders with their unique traits that lead them to success. There might be something you can learn from it. Finding out superpower that successful business founders possess might inspire you to reach the peak of your potential to be successful entrepreneur.

The Humble Founders

There are the types of business founders with humble character. They tend to be exceptional in execution but extraordinarily humble and confident in themselves at the same time. This kind of founder is found to be resourceful and gritty. These kinds of founder are meant to lead because people tend to follow them.

The Visionaries

There are also business founders who are an agile visionary. They are usually driven by passion and desire for something great. They tend to posses unique perspective with exceptional intuitive sense of understanding others, especially customers. They tend to test as well as iterate rather quickly to incorporate market signals precisely.

The Experienced

There are also business founders who have excellent experience in the business. They are most likely to be a business founder with 5 years or more experience in management and industry expertise. With their experience, they tend to have strong motivation to build an emperor of a business. They have string desire to grow a business because their knowledge is already ahead of the others.

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What You Can Learn

Learn What Represents Successful Business Founders

To be a successful business founder, you can learn the qualities above. There are things you can learn to develop so you can possess positive traits that will lead you to success. There are also things you have to learn and understand in order to become a successful business founders such as the execution. It is important aspect you need to pay attention to when you are a business founder. You need to focus on how to create day-to-day effectiveness. Another important point is ability to adapt quickly. Business is often unpredictable. When you are agile enough to adapt to changes or the unexpected, the rate of your potential to success is higher.

Making decision is also part of important things in business. Successful business founders tend to make decision driven by the results. They tend to explore many solutions then choose the best one. It is considers as better strategy in decision making instead of process-driven one. Because speed is not the main priority in business, but the result is.

 

Lessons You Want To Learn Before Starting Your Business

It is impossible to know everything before starting a business even for those who claim has more experiences in the industry. There are challenges and obstacles that you may face during your period of running a business. Being prepared by educating yourself or seeking mentorship will always be beneficial. In fact, preparation is essential when it comes to starting a business regardless how small it is. Preparation is one of the keys of smooth business even if it doesn’t guarantee your success.

Things you want to learn before starting your own business

Even for entrepreneurs who are perfectly meticulous with business preparation, there are always things they would like to fix. Every entrepreneur has one aspect or two that they wish they they had done before. Here are the most common lessons entrepreneurs wish to have before they start their own business.

Lessons You Want To Learn Before Starting Your Business

You need corporate lessons and experiences

Corporate lesson and experience is something that most entrepreneurs wish they had taken before starting a business. Corporate world is not simple so better understanding and more experience can make differences for the business itself. Corporate involves lessons about client relations, business development, recruitment, employee management, etc. Lots of entrepreneurs don’t pay attention to this aspect in the beginning of their business because there are other things in their mind they consider more important. However, this aspect will come in handy when the business expand or grow significantly.

Seek mentorship

Mentorship is also something most entrepreneurs wish they had had before starting their business. It is true that you can start a business without having experience. However, it doesn’t mean you can just dive in without any weapon. Seeking out mentor before starting your business will be very helpful for you to have better understanding of how to create system and manage various aspects in the business. Working with a mentor will help you solve problems more effectively and efficiently.

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Try to not overthink

Lessons You Want To Learn Before Starting Your Business

Less over-thinking is not as easy at it sounds especially when it comes to entrepreneurship. You start your own business and run it on your own. It means, there are many things to think. Over-thinking is like a second nature for entrepreneur. However, it won’t do any good especially when you plan to start a business. It will only make you doubt more. Over-thinking also often results in overdoing preparation. Instead of over-thinking, it is better to take into action. You can start building a network even before your business starts.

See your longterm goals

Long-term goals are essential for a business. It is like a destination you want to reach through your business. Many entrepreneurs just jump into the first business idea that comes in their mind without thinking about the long-term goals. Starting a business plan without long-term goals may put your business at risk of failing. Your goals will help you map the road better because you know where to go and when to arrive. Therefore, make sure that you create long-term goals before starting a business so you know your objectives and value by running your own business.

Leading Your Team With More Flexibility

Running your own business requires you to possess leadership skills. When you start and run your own business, you gain more power. However, the great power comes with greater responsibility. Leading your business team is not an easy feat especially when you are not used to lead people. Building a team is important in entrepreneurship. There are so many things that can be achieved more efficiently with teamwork. In your team, individual contribution is valuable. Thus, you still have to drive every individual potential while leading a team in collaborative approaches.

Leading Your Team With More Flexibility

Leading successful team

Leading a team until it become solid and successful is challenging. It also takes time because it requires constant effort, dedication, and commitment. You cannot just form a team overnight and make them successful in the next day. It may take years before you have reliable, powerful team. By leading successful team, your business have higher chance at autonomy, productivity, and accountability.

Trials and errors

Trials and errors are common when you put your effort in building a successful team. There are many factors contributing to your success in leading your team as well as causing the failures. One of the main keys to successful team leading is flexibility. Being more flexible doesn’t mean you lead the team carelessly and without clear authority. Flexibility should promote more chances for your team members to show their individual strength while working in collaborative teamwork. Flexibility is also supposed to be the way to drive higher rates of productivity.

Remote working

Leading Your Team With More Flexibility

One of the forms of implementing flexibility in leading team is remote work. Today, it is possible to lead a remote team when every team members work remotely from the main office. With the help of technology, everything seems possible today. However, there are also things to consider before applying remote team-approach. For example, you should consider the team culture. You need to build it to become strong enough that it cannot be easily broken by distance. Even if you use technology, you still need to include in-person leadership. That’s how you can make it balance. When you are too reliant to technology, it is easy to for the bond to strain.

Hire and choose the right people

Another factor to successful, flexible leading team is the people. It is important that you hire and choose the right people from the start. There are many things you have to consider in hiring people. You cannot just consider their professional skills. Work work ethic, attitude, and positive behavior can help you choose the right people to fill in your business team as well. You also have to make sure that every member share the same goals and vision. When you are connected to each other, it is easier for you to lead the team even if it consists of very diverse people. 

Trust the process

In leading successful team, you need to trust the process. It takes time and requires lots of efforts. Make sure that every process is clear and intended. Also, maintaining communication is essential if you are planning to implement flexible leadership.