Blog - Som Prakash

Accelerate Your Learning with the Feynman Technique: A Guide for Professionals

Feynman Technique for fast learning

In today’s fast-evolving professional landscape, the ability to acquire new knowledge and skills swiftly is a critical determinant of success. Among the myriad of learning strategies available, the Feynman Technique emerges as a standout approach for its effectiveness and simplicity. This method, named after the renowned physicist Richard P. Feynman, is celebrated for its ability to distill complex ideas into digestible, understandable pieces. Here’s how you can harness this technique to enhance your learning efficiency.

Unpacking the Feynman Technique

The Feynman Technique is built on the premise that the best way to understand something deeply is to teach it to someone else. It encompasses four straightforward steps that guide learners through a process of simplification and review. They are as below:

1. Select a Topic: Start by picking a topic you wish to learn and note it down.
2. Explain Like You’re Teaching a Young Student: Attempt to explain the topic as if you were explaining it to a young learner. Avoid using complex terminology and aim for simplicity. This step challenges you to refine your understanding to its core elements.
3. Spot Gaps and Revisit Your Study Materials: Should you stumble upon areas that are hard to simplify, it’s a cue to return to your study materials for a deeper dive. Continue this process until you can articulate the concept in elementary terms.
4. Refine and Streamline: Re-examine your explanation and strive to make it even more straightforward. Employ analogies or simple comparisons to aid comprehension.

The Mechanics of Its Success

But why is it so effective? The effectiveness of the Feynman Technique can be attributed to several factors:

– Clarification: It necessitates the distillation of complex ideas to their essence, fostering a solid understanding.
– Active Engagement: Explaining a concept activates recall processes, enhancing memory and comprehension.
– Gap Identification: It naturally illuminates areas of weak understanding, guiding learners on where to focus their study efforts.
– Participation: Engaging directly with the material promotes better retention compared to passive learning methods.

Implementing the Feynman Technique for Professional Growth

Professionals can apply the Feynman Technique to master new competencies, grasp industry-specific concepts, or even enhance their communicative and pedagogical skills. Here are some applications:

– Lifelong Learning: Apply this method to keep up with the latest trends in your field or to acquire new competencies that can propel your career forward.
– Enhancing Presentation Skills: Utilise this approach to ensure that your presentations are accessible and comprehensible to audiences with varying levels of expertise.
– Promoting Team Learning: Foster a learning culture within your team by encouraging members to share knowledge using this method, thereby enhancing collective skill sets and understanding.

Final Thoughts

The Feynman Technique transcends being merely a study tactic; it is a philosophy for learning and understanding that can be applied throughout one’s professional journey. Its deceptive simplicity is what makes it incredibly powerful, offering a pathway to not just faster learning, but also to a deeper grasp of complex material. In the dynamic world of professional development, being an adept learner gives you a distinct edge, and the Feynman Technique is your ally in achieving that proficiency.

How to Start Your Side Hustle? A Step-by-Step Process

Make Money from home

Make Money from home

 

I. Introduction

A side hustle is a job or occupation that is done in addition to one’s primary job or career . It is often done to supplement one’s income, to learn new skills, or to pursue a passion.

In recent years, side hustles have become increasingly popular amongst different classes of society. From college going kids to high paid professionals and from house wives to CEOs.

II. Benefits of Starting a Side Hustle

The reasons for the popularity of Side hustles are primarily below:

    1. Financial Security: With rising living costs and economic uncertainty, people seek additional income streams to enhance their financial stability and safeguard against unexpected expenses.

    1. Flexibility: Side hustles often offer more flexible work arrangements, allowing individuals to balance their primary job, family commitments, and personal life while pursuing their entrepreneurial goals.

    1. Skill Development: Side hustles provide opportunities to acquire new skills, explore interests, and gain valuable experience, which can be beneficial for personal and professional growth.

    1. Pursuing Passions: Many people use side hustles to turn their hobbies and passions into income-generating activities, allowing them to do what they love while making money.

    1. Diversification: Diversifying income sources can reduce dependence on a single job or employer, which can be especially important in an ever-changing job market.

    1. Technology and Accessibility: Online platforms and technology have made it easier for individuals to start and market their side hustles, reaching a wider audience and potential customers.

    1. Entrepreneurial Spirit: Many are drawn to the idea of entrepreneurship and see side hustles as a low-risk way to test their business ideas and potentially transition to full-time entrepreneurship.

Overall, the combination of economic factors, personal aspirations, and technological advancements has contributed to the growing popularity of side hustles as a means to achieve financial and personal goals.

III. Finding the Right Side Hustle

In this article, we’ll provide a step-by-step guide to help you discover the perfect side hustle for you.

Step 1: Self-Assessment

The first and most crucial step in finding the right side hustle is to assess yourself. Consider your interests, skills, and what you’re genuinely passionate about. Think about the activities that energize you and the areas in which you excel. Are you a skilled writer, a talented artist, or a tech-savvy individual? Identifying your strengths and interests will lay the foundation for a successful side hustle.

Step 2: Identify Market Demand

Once you have a list of potential side hustle ideas based on your skills and interests, it’s essential to determine if there’s a market demand for your offerings. Research your chosen niche or industry to understand if there’s a need for the products or services you plan to provide. Look for gaps or underserved areas in the market where you can make a unique contribution.

Step 3: Evaluate Feasibility

Assess the feasibility of your side hustle ideas. Consider factors such as the time and resources you can invest, the competition in your chosen niche, and the potential income you can generate. Some side hustles may require a substantial upfront investment, while others can be started with minimal resources.

Step 4: Set Clear Goals

Define your goals and objectives for your side hustle. Are you looking to make extra money to pay off debt, save for a vacation, or build an emergency fund? Having clear goals will help you stay motivated and measure your progress.

Step 5: Experiment

Don’t be afraid to experiment with different side hustle ideas. You can start small and test the waters to see which one resonates with you and your target audience. Experimentation is a valuable way to learn, adapt, and refine your approach.

Step 6: Build an Online Presence

In today’s digital age, having an online presence is crucial for most side hustles. Create a website or social media profiles to showcase your skills and offerings. Use these platforms to market your side hustle and connect with potential customers.

Step 7: Network and Learn

Networking is essential for growing your side hustle. Attend relevant industry events, join online forums, and connect with other entrepreneurs in your field. Learning from others and building a support network can provide valuable insights and guidance.

Step 8: Track and Adapt

Continuously monitor your side hustle’s performance. Keep track of your income, expenses, and customer feedback. Be prepared to adapt and make improvements based on what you learn along the way.

Step 9: Scale and Grow

As your side hustle gains momentum and generates consistent income, consider opportunities for scaling and expanding your offerings. You might even decide to transition into full-time entrepreneurship if your side hustle becomes your primary source of income.

IV. Common Side Hustle Challenges

– Time Management Tips for Juggling a Full-Time Job and Side Hustle

Time is a precious commodity, especially when you’re juggling a full-time job and a side hustle. The key to success lies in effective time management:

    1. Prioritize Tasks: Identify the most important tasks and allocate your time accordingly. Focus on high-impact activities that drive your side hustle forward.

    1. Set a Schedule: Create a clear and realistic schedule that includes dedicated time for your side hustle. Consistency is key. Block out specific time slots for work on your side gig, and stick to the schedule as much as possible.

    1. Time Blocking: Use time blocking to segment your day into focused work periods. Avoid multitasking, as it can decrease productivity. Instead, allocate dedicated blocks of time for your full-time job and your side hustle.

    1. Delegate and Outsource: Consider delegating or outsourcing tasks that can be done by others. This can free up your time for high-value activities.

    1. Leverage Technology: Utilize productivity tools and apps to streamline tasks and improve efficiency. Tools like project management software, calendar apps, and automation can be incredibly helpful.

– Balancing Work, Family, and Side Hustle Commitments

Balancing the demands of your job, family, and side hustle is a juggling act that requires finesse:

    1. Communication: Open and honest communication with your family is essential. Let them know about your side hustle and the time commitments it entails. Discuss how you can work together to manage responsibilities.

    1. Set Boundaries: Establish clear boundaries for your side hustle and family life. Define specific times when you’ll be focused on your side gig and reserve other times for family activities.

    1. Plan Family Time: Make sure to allocate quality time for your family. Plan outings, dinners, or other activities that create cherished moments and maintain a healthy work-life balance.

    1. Delegate Household Tasks: Consider sharing household responsibilities with family members or outsourcing tasks to free up more time for your side hustle and family.

– Dealing with Self-Doubt and Staying Motivated

Self-doubt can be a constant companion on the side hustle journey, but staying motivated is essential for success:

    1. Set Realistic Goals: Establish achievable goals for your side hustle. Break them down into smaller, manageable steps. Celebrate your accomplishments along the way to boost your confidence.

    1. Positive Self-Talk: Replace negative self-talk with positive affirmations. Remind yourself of your capabilities and past achievements. Surround yourself with supportive friends and mentors who can bolster your self-confidence.

    1. Embrace Failure: Understand that failure is a natural part of any entrepreneurial endeavor. Instead of dwelling on failure, view it as a valuable learning experience that propels you forward.

    1. Stay Inspired: Continuously seek inspiration and motivation from books, podcasts, and other successful entrepreneurs. Learning from the experiences of others can reignite your passion and determination.

    1. Take Breaks: Burnout can fuel self-doubt. Make sure to take breaks, relax, and recharge. A rested mind is better equipped to face challenges.

Conclusion

In conclusion, side hustles have evolved from being just a means of earning extra income into a powerful avenue for financial freedom and personal growth. They offer a world of opportunities to those who dare to explore and invest their time and effort.

From discovering your passions and skills to creating additional income streams, side hustles can provide a pathway to financial security and independence. They not only enable you to earn more money but also to diversify your income sources, reducing the risk associated with relying solely on a traditional 9-to-5 job.

Moreover, side hustles are not just about the monetary gains; they are a journey of self-discovery and personal development. They provide a platform to enhance your skills, embrace entrepreneurship, and foster a sense of empowerment. Through side hustles, you can transform your hobbies and interests into profitable endeavors, and every challenge becomes an opportunity to learn and grow.

As you embark on your side hustle journey, remember that the path may not always be smooth. You’ll face challenges, doubts, and setbacks along the way. But with dedication, perseverance, and the right strategies, you can overcome these hurdles. Your side hustle can become a stepping stone to achieving your financial goals and fulfilling your dreams.

So, if you are ready to take your first step towards starting your side hustle, why not attend our FREE instant Video Master Class where we will give you some trending side hustle ideas and go through our our patented side hustle identifier flow chart, which has helped hundred of people to identify the best hustle for them.

 

Understanding Amway: A Path to Financial Success

Amway

Introduction


In the world of entrepreneurship and direct selling, Amway has emerged as a prominent player, offering individuals an opportunity to build their own business and achieve financial independence. In this blog post, we will delve into the essence of Amway, exploring what it is and how individuals can make money within the Amway business model.

What is Amway?


Amway, short for the “American Way,” is a multinational direct selling company that has been in operation since 1959. The company offers a wide range of consumer products, including health and wellness supplements, personal care items, household cleaning products, and more. The health supplements are sold under the brand name of Nutrilite, which is a leading manufacturer of natural nutritional supplements (as opposed to synthetic supplements) in the world. Amway operates on a multi-level marketing (MLM) model, which means that independent distributors are the driving force behind the company’s sales and growth. Amway products are are very well known around the world due to their high quality.

Amway’s business model revolves around the concept of relationship marketing, where distributors build a network of customers and also recruit and mentor others to become distributors. This network of distributors forms the foundation of Amway’s sales structure, enabling individuals to earn income through product sales and team building.

How to Make Money in Amway:

Understand the Products:

As an Amway distributor, it is essential to have a thorough knowledge of the products you are representing. Familiarize yourself with their benefits, ingredients, and usage instructions. This knowledge will help you confidently promote and sell the products to potential customers. There are a lot of people searching for Amway near their home. Hence, having a website or social media channels will automatically attract potential customers.

Build a Customer Base:

One way to make money in Amway is by building a loyal customer base. Focus on providing exceptional customer service, understanding your customers’ needs, and offering tailored product recommendations. Building strong relationships with your customers will lead to repeat purchases and positive word-of-mouth referrals.

Recruit and Train New Distributors:

To expand your Amway business, it is important to recruit and mentor new distributors. Share your knowledge and experiences with them, provide training and support, and help them understand the business model and products. As your team grows, you earn commissions based on their sales volume.

Focus on Personal Development:

Successful Amway distributors often emphasize personal growth and development. Attend training sessions, seminars, and conferences organized by Amway to enhance your skills in areas such as sales, communication, leadership, and entrepreneurship. Constantly learning and improving will contribute to your success in the Amway business.

Leverage Online Tools and Social Media:

In today’s digital age, utilizing online tools and social media platforms can significantly enhance your Amway business. Create a professional online presence, showcase Amway products, share success stories, and engage with potential customers and recruits. This approach can help expand your reach beyond your immediate network.

Global Business

Amway has operations in more than 100 countries with India (Amway.in) being the fastest growing market in the world.

Conclusion:


Amway offers individuals an entrepreneurial opportunity to create their own business, achieve financial success, and build a supportive network of distributors. By understanding the products, building a customer base, recruiting and training new distributors, focusing on personal development, and leveraging online tools, individuals can pave their way towards a rewarding career in Amway. Remember, success in Amway, like any other business, requires dedication, hard work, and a passion for helping others achieve their goals.

What is Web3 ? What is there for you?

Web3.0, Blockchain , DeFi

Introduction to Web

The web was born in the early 1990s, yet it had not been till around 2006 that the world started to see a substantial shift. That year saw the increase of social media sites like like Facebook and Twitter, transforming exactly how people interact with each other. Then came Bitcoin in 2009, which introduced to the world cryptocurrency, which completely transformed the concept of money and how it was perceived.

Now we’re seeing new innovations like blockchain arising alongside artificial intelligence (AI), Machine Learning (ML), Quantum Computing (QC), and Virtual Realty (VR). These are all component of what is referred to as “Web3.” But what exactly is web3, and does it matter in any way?

What is Web3

Web3 is a decentralized web, where individuals have access to their data and its usage. This is an approach away from the conventional web where individuals don’t regulate their information on online platforms such as Google or Facebook. Web3 has actually been developed to return ownership of the web to its rightful owners, which are the users themselves as opposed to large companies like Google or Facebook who make huge profits selling collected user data to their advertisers. Web3 allows individuals to have more control over their information by providing them the option to choose who uses their data as well as how the data to be used, among other vital details such the duration of holding of their data and so on. This way, the users can access the internet where there is no censorship or central authorities capable of taking away one’s freedom of speech or privacy of own data.

Web3, designed for peer to peer, decentralised distributed network is different from web2 and web1 in many different ways as explained below:

Verifiable– Instead of relying upon a central authority like Wikipedia or an encyclopedia, in web3, info and material can be validated as well as confirmed by many users.

Accessible– As opposed to static and non-interactive content, the web3 can store huge amount of data in distributed network, making it available for retrieval at point of time.

Peer To Peer (P2P)– The element of trust is an essential part of any kind of transaction. In web3, all parties adhere to a certain terms and conditions coded in a contract called smart contract, is stored in blockchain without any need to depend on a 3rd party or an intermediary. By doing so, individuals can negotiate directly with each other (peer to peer) without the need of any intermediary.

Open– Web3 is an open as well as permission-less web. No need to follow any account opening or verification procedure to access any service. In short, there are no shut doors or obstacles that restrict customers from accessing anything within web3.

Self-governance– The web3 permits the production of smart agreements as well as self-governing systems that run separately. This makes it possible to have a complete ecosystem built on automation and artificial intelligence without systematized control or human treatment.

Why Is Web3 So Special?

Web3 no doubt is transformational. The web applications that we currently use are centralized and highly insecure and favours the application providers not the end user. As an example, the social media site you use, even though gives you the access to its application free, sells your personal data to its advertisers at a price that it decides without sharing any profit of its profit with you. It also has the final authority to decide the content of your post and what you could and could not post on your social media profile. A handful of companies are reaping huge rewards at the cost of the ordinary people, the users of these services.

Web3 embraces decentralized systems like blockchain, which is getting much more appeal due to its capacity to secure customer privacy while sustaining an ecological community where anybody can conveniently create new applications. This means that developers can conveniently build new decentralized applications (DAPP) or various other software applications on blockchain and immediately have access to attributes like payments using cryptocurrency, which is a considerable accomplishment in decentralization.

The possible advantages are incredible and might basically transform exactly how we consider online services such as social media, data storage, banking, gaming and every other services currently available in Web2.

Web3 and Cryptocurrency

As discussed earlier, Web3 is a term utilized to describe the decentralised network in internet. And this decentralization is possible by blockchain technology. Bitcoin and all other cryptocurrencies use the same blockchain technology that will be powering the entire Web3. As a matter of fact, blockchain technology was first used in Bitcoin by Satoshi Nakamoto, the founder of Bitcoin. Hence, Bitcoin and various other cryptocurrencies like it belong to what’s referred to as Web3 (or “Web Token”) today.

Though the concept of blockchain is yet to be entered the mainstream, not many people know that any individual can access the blockchain through their internet browser with no third-party involvement. Web browsers like Brave, has been designed for Web3, enabling the users not only complete privacy but also compensates the users based on their time spent to watch the advertisements. The browser also integrates crypto wallet into it so that the user keeps his own money instead of a bank. This suggests that customers can own as well as regulate their coins in a manner that they wouldn’t have been able to with typical web applications.

In the world of Decentralized Finance (DeFi), blockchain is utilized to create and store the P2P agreements called Smart Contract, which are performed via cryptography as opposed to any kind of main authority. This can be seen as another variation of web3, because it has even more advantages such as transparency, security, as well as effectiveness within the network, avoiding censorship and enabling more equitable distribution of wealth within the peers.

How Is web3 Assisting Decentralized Finance (DeFi)?

Web3 has actually been seen sustaining the growth of DeFi. DeFi is the natural advancement of conventional financing applications to modern blockchain enabled DApps (Decentralized Applications), which helps increase transparency and also protection with cryptography based procedures that protect against any kind of form of censorship or meddling by 3rd parties. Through DeFi, individuals can borrow money or buy insurance policy on the blockchain without help from the federal government or financial institutions.

As an example, UniSwap the largest decentralized exchange (DEX) offers its protocol to its customers where they have absolute control over their funds while trading, since the platform doesn’t hold customers’ funds. This way, there is no danger of shedding anything given that all transactions are stored on Ethereum’s blockchain, and it can only be accessed with a personal key that you alone know.

What Does This Mean for Developers?

For programmers aiming to build decentralized applications (DApps), web3 brings a huge opportunity. The programming language that these DApps are built with is called Solidity. Solidity programming language is built for Ethereum Virtual Machine (EVM) and could easily be learnt by developers that are already accustomed to Python, Javascript, or C++. By doing this, they can quickly discover just how to develop decentralized apps without having to start from scratch.

What Is the Future of Web3?

The future of web3 is bright, as well as it has the potential to transform the means we engage with each other online. This means that developers can build blockchain based applications which could be made use of for virtually anything such as social media, file storage, or even something much more complicated like a decentralized variation of Uber where vehicle drivers pay their compensation cost as opposed to the system taking a cut of their incomes.

The future of web3 and also decentralized applications (DApps) still uncertain. However, we can be certain that there will certainly be significant demand in the future for decentralized applications as both individuals and governments are becoming increasingly wary of personal data security and cybercrimes. People are becoming more and more aware of polarization of wealth with a handful of companies.

Web3 is not the future but the present. A record $30 Billion poured into crypto in 2021 (Fortune.com). Solidity, the programming language used for smart contracts has become one of the highest paid skillsets in IT industry. So, it’s the best time to get involved in the industry to reap the early rewards.

Check Other articles in Medium.

How to Stay Young Forever

You are as old as you feel

All of us have heard before that “Age is just a number”. What does it really mean? We count the number of birthdays someone has celebrated as his/her age. And based on the texture of the skin and color of hair or physical appearance we tag ourselves and others as old, young, or mid-age. When we see someone frail, with white hair and pale looking skin we say that person as an “old man”. And when we see someone with wrinkle-free glowing skin and
black hair, we call that person a young man or woman.

But, have you seen people in their 40s and 50s who have an attitude of a child or a child having the maturity and wisdom of an adult or old man? I definitely have seen such people and I myself in few occasions behaved like a 10-year-old kid. I have found myself losing my temper to my school-going kids without any fault of their and due to my inability to manage and prioritize things. At the same time I have seen kids reacting to situations so calmly that we would expect a a 40-year-old adult to do.

I am sure, you have heard and read about 18 or 20-year-old millionaires. A quick google search will show you many such kids. I sometimes wonder, what do these kids know that I didn’t know when I was of their age. Being an entrepreneur myself, many a time I wonder in awe, the maturity of these kids and their business acumen. The other day while looking for tips on creating a podcast channel on YouTube, I came across a YouTube video by a kid having more than 1 million followers. It was very informational and I ended up creating my Podcast channel.

Some people are early bloomers and identify their talent and become successful very early in their lives and few people are late bloomers and identify their god-given talent at a later part of their lives. Barack Obama became the President of the United States at the age of 47 and finished his career as President at the age of 55 while Joe Biden took the responsibility of the country as the President, at the age of 78.

Harland David Sanders started selling his secret chicken recipe and founded KFC (Kentucky Fried Chicken) at the age of 61 which later on became a multi-billion dollar global brand. In contrast to that, Mark Zuckerburg founded Facebook, the social media and marketing giant, when he was 19 years old, studying at Harvard University. Few people shoot to the limelight very early whereas few others get to the limelight in the latter part of their life. It does not matter where you start. What really matters is where do you finish. What matters is your dream and daringness to pursue it.

Life is a journey, not a destination

In the words of Ralph Waldo Emerson “Life is a journey, not a destination”. We should enjoy the ride in every form, be it smooth or bumpy. But there can’t be a journey without any destination. Similarly, for us to stay young and energetic we need to have a destination, a goal to strive for. It’s not how many birthdays you celebrated in this world which decide whether you are old or young but rather your energy, enthusiasm, and zest for life that decide your youthfulness. I have met very young people who don’t have any desire and ambition in life, who are lazier than a sloth. I have also met people in their 70s and 80s, full of energy, very busy still striving for something bigger in their lives. In the words of Ben Franklin “Some people die at 25 and aren’t buried until 75”. Few people lose all their dreams and aspirations in life at the age of 25. They are just like dead fish floating on the water without any energy. They do the same thing every single day till they die. Most people are so busy making a living that they forget to make a life. I guess life should be adventurous, thrill, and full of fun and excitement. And this keeps you young.

Life is a journey, not a race

Life is not a race where you compete against others. The only person you compete with is yourself. The depth of the wrinkles on your face can’t be the yardstick to measure your age, as you may be 80 years old with the enthusiasm
of a 20-year-old or you could be a 20-year-old without any ambition in life and living a life of desperation and acting as a living dead. It’s time we change our thoughts. All of us are in this world for a certain number of years, months,
and days. Having a worthwhile dream and striving to make yourself better every single moment to realize your dreams, fills you with the energy that we always associate with youth.

You grew old because…

So, the secret to eternal youthfulness is to keep your mind and body young. It’s doing what you did when you were a baby. As a baby every day and every moment when you were awake you learned new things. You learned to talk, eat, walk, play and do everything that you can do now. You were on a mission to learn every moment. You had certain goals in mind to accomplish. You fell several times before you took your first step and started to walk. You dropped your spoon and food several times before you learned to eat. You were goal-driven. You always had a goal in mind, be it to walk or eat or talk. Every moment, you tried to make yourself better. You never compared yourself with others. You were always active, kicking, and playful. You were busy but your parents called you naughty. When anyone came in contact with you, they also felt that energy, playfulness, and joy.

What happened now? Why did you stop learning and playing? You didn’t stop because you grew older, you grew older because you stopped learning and playing. A recent study published by Columbia Universitydone by Cell
Stem Cell
suggests that elderly people grow as many brain cells as young, which directly challenges the common belief which we had until now. But researchers have suggested again and again that whatever we don’t use, will be lost. If you stop walking for a year, you may struggle to walk again. If you don’t use your brain or creative imagination, irrespective of your age, you will lose your cognitive abilities. Whatever we use more and do more we will get better at it. Whatever we don’t use, will be lost forever.

It’s very important to keep your body and mind busy so that both your cells in muscle and neurons in the brain are
regenerated every single day. This is the biggest secret of youthfulness.

Social Interaction

Finally, you just don’t want to feel and look young you also want to be happy and live a life of significance. And this
comes from social interactions and giving back to the community and society. The most fulfilling experience you will ever have in life is interacting and helping others. Social interaction became quite evident when Covid-19 shut everyone down to the solitude of their homes. A lot of people faced serious mental health challenges. We are all social animals. For a healthy mind, we all need social interactions, be it with family and friends or with your next-door neighbor or the shopkeeper down the road. Thanks to social media, now social interactions could be done online, without even leaving your home. Though social media could never replace the connection and feeling that a face-to-face physical interaction could give, but it allows connecting with unlimited people around the world.

Social media not only helps you to connect with others but also to gather your raving fans. I have seen 5-year-old YouTuber Ryan reviewing toys in his channel and 107-year-old Mastanamma from India sharing her home cooking recipes. You can share anything that you follow or are passionate about. You could write blog posts or share pictures on Instagram or videos on YouTube. This will not only be fulfilling but also beneficial to others and has
a huge opportunity for you to monetize your passion.

Conclusion

So, in conclusion, these are the FOUR L’s which contribute to your eternal youth.

  •       Labor: It’s the physical activity and exercise you do every day. It
    could be exercise, walking, yoga, Zumba, dance, running. It‘s all about flexing
    your muscles and joints.
  • Learn: Identify your dream and passion. Be a life-long learner. Read
    books, watch videos, attend courses and seminars, acquire new skills relating to
    your passion. Get the neurons of your brain charged.
  • Laugh: Spend time with your family and friends. Get involved in community work. Help others. Give back to society. The word “Happiness” has two Ps which are for “People”. Being with people and caring for people gives you happiness.
  •        Lead: Share your story and knowledge on social media. Touch people around the world. You will slowly see people following you. You become a leader. 

Som Prakash

Entrepreneur, Author, Coach

www.Somprakash.com

som@somprakash.com

Time Management: Pomodoro technique

Why Time Management

Most people are pretty busy nowadays. Does not matter if you are a busy professional or be a student working part-time or having an odd job. All of us play many roles every day. As a full-time IT consultant, I was busy working in my IT consulting job and on my side hustle in my spare time while looking after my two children. When I left my full-time job to start my coaching and consulting business, along with my e-commerce business, I got extremely busy. So, in every part of life and every situation, we are busy. At least we think we are. The question to ask ourselves is, are we only busy, or are we busy being productive? In this world of social media, the temptation to look at a Facebook notification may take 15 mins of your time without you even realizing it.

Unfortunately, being busy has now become a status symbol. People take pride in telling themselves and others that they are busy. But, I guess becoming busy and not having time to do what you would cherish the most in your life is a situation to work on and not an accomplishment to boast about.

People want to find the time to do what they like the most, such as spending time with their loved ones, or acquiring the knowledge skillset for their career growth or pursuing their passion, be it sports, music, travel, etc. led to different time management techniques developed by some great minds. One of them is the Pomodoro technique developed by Francesco Cirillo.

What is Pomodoro technique?

While at University, Francesco would set himself some target to accomplish within a certain duration of time. But he would never be able to complete the task during the time. He then started to monitor his activities and would note down all his temptations and distractions during the time set for his tasks. He noticed that while he was in the process of finishing his assignment, a friend would come and that would take him down the rabbit hole, and he wouldn’t be able to complete his task in time. Then he realized that it wasn’t always the external factors such as his friends, or mom, or his professor to blame. As a matter of fact, he noticed that most of the time, it was his own temptation to peep through the window or taking a break or attending to some other tasks that got him off track.
He then devised a method of cutting down the entire job in hand to small tasks and allocating a time duration of 25 minutes or less to each such task before taking a break. This method substantially increased his productivity. This has become a very popular method practiced and preached by many in corporate and personal life.

Pomodoro, Italian for tomato, is a well-known time management technique to avoid distractions and have an intense focus on a specific task for a short duration of time. The steps of the Pomodoro technique are as below:

1: Take up an assignment and break it down into smaller tasks

Example: If you got a PowerPoint presentation to complete in 3 days, your tasks could be requirement gathering, brainstorming, preparation of the draft, and review.

2- Assign your tasks to 25 minutes slots

Example: You assign 25 minutes for requirement gathering in the above example.

3- Set a count down timer to 25 minutes or less

4- Stay focussed on your Pomodoro until the timer rings

5- Take a break for 5 minutes (Reward yourself)

Note: 25 minutes of work with 5 minutes break is called one Pomodoro.

6- Start the timer again with your next Pomodoro

7- Reward yourself every 2 hours (4 Pomodoros) with a bigger break of 15 minutes

The above are the steps of the Pomodoro technique. You may come across distractions in between where you may be tempted to attend to something else. But you have to acknowledge the temptation and feel it but not surrender yourself to it. There may be occasions when something urgent may come up. In that case, you have to stop the timer and attend to the other task before coming back to your Pomodoro.

Time is the most precious commodity in your life. Once gone, it never comes back, unlike money which can be re-earned if lost. Hence every minute of your life should be cautiously spent. And the Pomodoro technique helps you to accomplish that. 

Staffing Challenges? How Businesses are Adapting to Post Pandemic Era

Challenge:

The pandemic has forced a lot of businesses to adapt to the new norm, such as working from home or focussing more on getting their businesses to go online. Businesses which could not adapt to the change had to be shut down. This led the world economy to deep recession and unprecedented double digit decline in stock markets around the world in March 2020.

With world economy slowly coming back on track, cash starved companies are now finding ways to innovate and thrive in the new post-pandemic economy.

Digitalization

The biggest survivors and the companies which grew the most during the pandemic are virtual or digital businesses. While brick and mortar businesses were filing bankruptcy, companies like Amazon and Zoom were experiencing double digit growth. While other companies were laying off their staff during the pandemic, Amazon became the biggest recruiter in the US and Europe. With more and more people and businesses going online, global technology giants like Google, Facebook, Microsoft etc saw their revenue skyrocketing.

With companies struggling for both cash and skilled labor, going digital has been the ultimate solution. The pandemic led to a lot many new start-ups in the technology field. Be it Ed-tech (Education Technology), Fin-tech (Financial Technology) or Food-tech.

E-Commerce platform providers like Shopify, Wix, Woocommerce help companies to establish their presence and sell online, without even hiring expensive coders and eliminating the need of staff selling those products. Amazon with its fulfilment service program called Amazon FBA, not only give businesses instant access to millions of potential buyers, it also takes care of the warehousing, picking and packing, product shipment and delivery and even customer care. Everything for a very small monthly subscription fee saving businesses thousands of dollars in overheads and staff cost.

Out of all the businesses, the hardest hit during the pandemic were the businesses dealing with services which require physical connection such as gyms, beauty salon, chiropractic clinics, dentists etc. You can’t give anyone a virtual haircut, can you ? Well, quite obviously “you can’t” in literal sense. However, few business owners in these sectors, with entrepreneurial spark inside, started teaching online with live Zoom classes and online courses the process and techniques so that their customers could do it at home. Gym instructors started their YouTube channels and started taking online classes teaching aerobics and cardio to their customers. Salon owners started teaching the haircutting techniques, grooming and selling clippers on their website. This led to an explosion in e-learning market which is set to become $468 Billion by 2026. During this time, I started teaching others through my online course, how to sell their knowledge be it dog walking or cryptocurrency or parenting. Monetization of your knowledge is a big industry which is now helping not only the businesses but also ordinary people having a job.

Businesses dealing in physical products, could save a lot of money in terms of staff and other overheads by bringing their businesses onto self-hosted E-Commerce platforms such as Shopify, WooCommerce, Wix etc or to public e-commerce platforms such as Amazon, eBay etc. Businesses dealing with services could save and even substantially grow their revenue by having e-learning platforms

Outsourcing

Outsourcing is another great way to safe staff cost. If your company had an accounting department with a book keeper, a AI (Artificial intelligence) powered book-keeping software like QuickBooks or Xero could easily replace the job of a full-time book keeper with monthly subscription fee of as low as $30. These cloud based softwares could also connect with your business bank account which makes your transaction posting automatic from your bank account. These companies have their dedicated customer service departments as well available to serve you incase you get stuck anywhere.

Not only in accounting, the gig economy is growing so fast now, that you could outsource your every little responsibility to someone else and more interestingly, that person could be sitting in another part of the world. I personally hired someone online from India for 2 hours a day to do my online marketing while I am in the UK, with 5 H 30 mins behind. A personal assistant from Philippines speaking better English than me, could be hired in fractions of cost from websites like Fiverr.com, Upwork.com, Freelancer.com etc.

Outsourcing, not only saves you money but more importantly the time, so that you as a business owner could focus on more important aspects of your business such as customer acquisition or business growth etc.

Conclusion

It’s time now for the businesses to adapt to the new post pandemic era. “Every adversity has the seed of an equivalent or greater benefit”- Nepoleon Hill. I am confident that we will see multiple Billion dollar companies (Unicorns) in coming years out of this pandemic just like companies like AirBNB, WhatsApp, Instagram came out of the great recession of 2008.

5 Tips To Avoid Work From Home (WFH) Burnout

With Pandemic creating havoc all around the world, more than half of the world’s working class people are working from home (WFH). The acronym WFH is being used quite widely now, by businesses and business journals.

The initial jubilation of employees on being asked to work from home on a long term basis, short lived. Even though, you don’t have to wake up early to commute to work, WFH has its own challenges. More and more people are reporting heightened stress and anxiety and complete burnout at the end of their day’s work.

In the attempt to show their productivity to the senior management, staff are working long hours. Juggling work with household chores and kids at home, has been quite challenging for most parents.

So, what could be done? How can you maintain a good mental health, while being productive at work? How to maintain the boundaries between work and family?

These are a 5 tips to enjoy your WFH while being super productive.

1- Dedicated workspace

Its always better to have a dedicated desk for your work, ideally at a quiet place (away from distractions) with ample of sun light. Better to keep the desk tidy without any clutter. Ideally you should have an ergonomic chair, which helps to keep your spine straight avoiding back and neck pain.

2- Time Blocking: stick to your original working hours

Even if you have more time now, as you avoid the commute time to work, its very important to stick to your original working hours (9–5). Having more time should not mean working more hours, unless you are required to. It is a well known fact that working long hours is detrimental to your productivity. As per one study done by Harvard Business Review, one individual is most productive for only 3 hours out of his 8–10 working hours. So, its better to log-in and log-off at the required time. If you are a leader of a team, you should encourage the same within the team members, so that everyone is more happy and productive.

Another quick tip here is- Time blocking will definitely help. Blocking your calendar for lunch or break, reduces your urge to go and check that email even when you are having a coffee or putting cloths into the washing machine.

3- Your extra time — Rejuvenate your mind

Now that you have extra time in your hand, you could read a book, meditate, play with your dog, go for a jog or help your kids with their homework which you always struggled to find the time for before. You could even play your favourite video game, as research shows playing video games activates your brain, which may help you to be more productive.

4- Breaks (What about social breaks?)

Taking regular breaks is another best way to be more relaxed and productive. A 5 minute coffee break or a walk in the garden instantly increases the productivity. How about a virtual coffee break with your colleagues ? More and more organizations are adopting the culture of virtual coffee breaks to give their staff a chance to interact with others virtually. Speaking to someone does reduce the stress level and boost productivity.

5- Planning your next day

Before you log-off, it definitely helps to plan your next day and to write down your action plans or tasks. This helps you in keeping you mind calm, as you would know the following day, one day in advance and prepare accordingly and you won’t run to your morning meeting in panic.

In conclusion, I would say working from is a bliss when you know how to manage your time between personal and official works. Happy WFH 🙂

Hack Your Mind To Take Massive Action

Has it ever occurred to you that you know what to do to take the next big step for your future success but you don’t take any action? You keep talking to yourself that you are not ready yet, and need more time or more knowledge or you need to wait for the right time…the list goes on and on.

Procrastination is the major dream killer of so many entrepreneurs. So, why don’t we take action? Let’s try to understand, the brain. It’s called the Action Triangle.

Our brain does not send the signal for us to work, until it believes that the action will produce the result. But if you don’t take action, there won’t be any result. So, this is kind of a vicious circle, which I call it as “ The action Triangle”.

So, how do we get our brain and it’s billions of neurons to send the signal for our body to take action when we don’t have any result to show for? How do we take action to pick up the phone to make that call or start designing your website for your e-commerce business or start your workout routine without seeing the success?

Brain & Body Link

The trick here is- Our brain can’t differentiate between the actual happened incident and vividly imagined incident. A case study of three groups of basket ball players is worth mentioning here to understand the brain and action link.

For this study, three small groups of basket ball players were selected. The first group were asked to practice for few hours every day shooting the ball into the basket. The 2nd group were asked to only visualize the shooting of the ball into the basket without any physical practice and the third group were not asked to take any mental or physical action.

After a week, all the three groups were asked to perform to take a test. It was to everyone’s surprise, the the group which practiced mentally (Visualized) scored the highest even though they physically didn’t practice during the week. The group which practiced physically, scored the second followed by the group who didn’t practice at all. This test reveals, that even though, they never physically practiced, while practicing in their mind, they scored every time they shot the ball, with 100% success. Where as, the team who practiced physically, didn’t have 100% success in the practice session which reflected in their day of the test.

Our brain can’t differentiate what has been performed physically or mentally, as it understands impressions which may come from mind or body

The Mind Hack

To get the brain to send the signal to take action- We just have to vividly imagine the action and result, as if its has already happened. The more sensory organs we involve in this imagination process, the more vivid the imagination gets. The more vivid, the imagination is, the more action the brain is triggered to take.

So, these are the steps to follow as a routine, repeatedly multiple number of times in a day, to trigger the brain to take action.

Meditation

1- Close your eyes and relax every part of your body

2- See your self already accomplished the success.

3- Feel the success. This is quite important. Feeling involves emotion, jubilation, enthusiasm, pride, happiness etc

4- See your self taking massive action and go back to visualize the success.

5- Do it multiple times a day. Especially before going to sleep and after waking up.

6- While meditating, speak loudly and in affirmation your goal and end result as if it has already happened.

7- Keep a pen and paper near you to note down any points that come to you during this meditation.

The above method will work for anything you want to accomplish. May it reducing weight, increase sales, having a dream job or having a better relationship with anyone.

https://link.medium.com/veGgCnrEN9