A business can be well on its way to success, until a freak accident ruins the entire operation. Here’s how to protect your business and avoid that mess.
In some instances, that accident happens because the individual doesn’t know how to protect their company.
There are so many threats these days that everyone should take the time to read this post and consider the advice to protect their business.
With a bit of luck, those who do that will stand a much better chance of realizing their ambitions and making a fortune.
The tips below are written in the most straightforward manner possible to ensure all readers grasp the strategy. All entrepreneurs should put these ideas into action if they want to succeed.
Apply for patents and trademarks
Anyone who comes up with original product ideas will need to contact legal experts who can apply for patents and trademarks.
The last thing anyone wants is for a large company to get wind of the innovation and replicate the item for a fraction of the cost. That could push the inventor out of the market before they’ve even managed to build a prototype.
The issue is that there is nothing the individual can do about that if they don’t have registered patents in place. In most situations, it takes around twelve months to get approval from the patent authority.
However, it can sometimes take much longer if the entrepreneur wants international protection. Thankfully, the concept is secure from the moment the application gets filed. A patent will:
- Prevent others from copying and selling the products
- Enable entrepreneurs to licence the design for money
Invest in antivirus and malware tools
Most entrepreneurs will create a website to showcase and market their products or services. That means they have to use computers all the time, and so they need to take some security measures.
There are hundreds of thousands of different viruses and malicious programs that could infect a network and cause many costly problems.
For that reason, it makes sense for individuals to invest in the best computer security they can afford. Don’t make the mistake of downloading free software off the internet because it will never perform as expected.
Business owners will require a professional suite designed for the corporate marketplace for the best results. Some of the best business antivirus programs include:
- Avast Endpoint Protection Advanced
- Symantec Endpoint Protection
- Bitdefender GravityZone Business Security
- Avira Antivirus for Endpoint
There are plenty of alternatives too, and so entrepreneurs just need to conduct some research and read reviews by other commercial users to sort the wheat from the chaff.
Keep a close eye on your smartphone
The average person seems to believe their smartphone is immune to viruses and malware.
That couldn’t be further from the truth.
It’s just that individuals don’t always notice when an infection takes place.
That is a major issue because it’s possible for criminals to steal information and even gain access to the office WiFi network in some instances.
Smartphone data security has become a hot topic in recent times, with many brands spending a fortune to get the best protection available. In most situations, it makes sense to get in touch with a reputable IT support company and ask them to perform a security assessment.
If there are any problems with smartphones or other devices, the professionals should highlight them and offer advice.
Purchase the right insurance packages
No entrepreneur should attempt to navigate the business world without the correct insurance. There are hundreds of different providers that all offer different deals and policies.
So, the process of identifying the most suitable brand could take a while. And it doesn’t make sense to opt for the first specialist that provides a quote. There is always room for negotiation when it comes to services of that nature.
Individuals should use the figures they receive from one team to drive down the asking price of another. Depending on the nature of the venture, most business owners will need to buy:
- Professional indemnity insurance
- Property insurance
- Worker’s compensation insurance
- Home-based business insurance
- Product liability insurance
- Vehicle insurance
- Business interruption insurance
People who don’t have the right policies in place could see their ambitions crumble before their eyes.
If anyone tries to take the company to court and they don’t have the backing of an insurer, the costs could bankrupt the operation.
Store all important files in the cloud
One of the best ways to keep vital documents and records safe involves storing them online using cloud services.
There are various providers out there at the moment, but entrepreneurs will benefit from choosing a brand they recognize.
For example, firms like Google have a lot to lose if hackers managed to penetrate their systems. That is why they use some of the most advanced security measures known to humankind.
All new business owners should select a cloud provider with an excellent track record, and then upload everything they need to keep safe.
There are many benefits to using cloud storage, but the most important one is that the chances of becoming a victim of hacking will decrease. Other advantages include:
- Accessing the files from anywhere in the world
- Making cooperation easier
- No need to email large documents
- Drag and drop capabilities
Develop a disaster recovery plan
Nobody knows when a disaster might strike and cause a storm of problems for their operation.
Perhaps the weather takes a turn for the worse, and the office becomes flooded? Maybe a world-class hacker manages to take control of the entire system and use it to commit a crime?
When something like that occurs, entrepreneurs will have to work around the clock to find a remedy and get the business back on track.
Planning for those eventualities in advance is always a sensible move, and that’s why many IT support specialists offer that service.
Creating backups of central databases and files is a fantastic first step. All disaster recovery plans should contain:
- Information on the roles and responsibilities of each employee
- An in-depth guide to security processes
- Contact details for IT support professionals
- Incident response rules
- Disaster recovery procedures
Don’t put all the eggs in one basket
If entrepreneurs take nothing else away from this article, they should remember that putting all the eggs in one basket is a recipe for disaster.
That applies to almost everything the individual might have to do when turning their idea into a profitable business. With that in mind, remember these tips moving forward:
- Select more than one IT support partner
- Store copies of files on external hard drives as well as in the cloud
- Keep money aside from the budget for unexpected problems
- Find a couple of different legal representatives
- Constantly research new antivirus programs and software
- Try to come up with more than one original product idea
- Avoid using single marketing methods
4 Reasons Why You Should Quit The Rat Race
If you feel you are constantly treading water at work, and the conveyor belt of mundane and monotonous days are starting to get you down, it’s time to consider why you should quit the rat race.
Think a little outside the box here: You need to earn a wage; that much is true.
However, you don’t need to be a full-time employee of some big fancy conglomerate in order to do this.
With the wealth of knowledge you’ve gained already or can quickly learn, you could take the plunge, branch out on your own and become an entrepreneur.
Take a look at why this option has become so appealing for millennial across the globe.
Depending on the set up of your startup and the industry that you are working in, you may well have some ‘work from home’ days.
This means you can whip open the laptop while still in your pajamas sipping your favorite espresso.
It’s not unusual to relax on your sofa as you answer emails and organize meetings as you cook dinner. You will need willpower and self-control, so you don’t procrastinate for hours at a time scrolling meaninglessly through your social media feeds.
However, the flexibility and variety you have during your working week means you will never get bored.
Crash Course In Learning
Shifting from employee to entrepreneur is a shock no matter how much you try to prepare yourself. This doesn’t mean that you can’t carry on networking with the contacts you made in your previous life or continuing your professional development.
If you began a masters in engineering management online while you were employed, there’s no reason why you can’t complete it.
Developing industry-specific knowledge and becoming an expert in your chosen field will give potential new clients confidence in your abilities.
And there’s nothing like the crash course in learning that comes when it’s on you, and just you, to have the knowledge needed to push your company forward to another level.
It’s A Different Kind Of Stress
Once upon a time, you were kept awake at night thinking about the presentation you had the next day in front of your boss and other head honchos within a company you worked for.
Now the stress you will inevitably succumb to will revolve around your business decisions and cash flow.
While your working life may not become easy overnight, the stresses and pressures you find yourself under will be of your own making and to overcome them will mean success for you and your business.
Becoming an entrepreneur is a brave step. You are foregoing the decent wage, the excellent career prospects and job stability to venture forth with your money-making idea.
Enjoy the thrilling entrepreneurial roller coaster ride.
It Feels Good To Be An Entrepreneur
If you’re ever at some fancy dinner party and someone asks you what you do for a living, and you say that you own your own business, people struggle to keep their mouths from falling open in awe.
Being an entrepreneur is cool. Being a successful entrepreneur is ridiculously epic.
No longer do you have to fit in with the ethos of another company as you can generate your own.
And most importantly, if you’re doing it for the right reasons, you feel good knowing you’re working on your passion for no one but yourself.
Business Opportunities You Can Grab Today Thanks To The Internet
Things are not as they were even 10 years ago.
Technology advances at such a rapid rate, that it is almost becoming somewhat alarming.
While we can all sit here and think about how the machines are eventually going to take over the world, we could also make the best of the technology we have available today.
Other than just serving as one of the main sources of entertainment in the world, the Internet as we know it is a tool like no other.
Perhaps calling it a tool might seem a bit misleading as it is so diverse. A more appropriate name for it would be a “resource”, which is seemingly infinite to the average person.
Allowing one to look at cat videos one minute, then to study the importance of the Italian renaissance the next, it truly is a resource like no other.
Of course, other than just knowledge, we also have access to many tools which would be unthinkable mere decades ago as well as opportunities which were not so commonplace before.
For example, the ability to sell just about anything online, with relative ease, or buying design software like the Adobe Suite, or even maybe some CAD software which would otherwise be almost exclusively reserved for workshops.
If you put your mind to it, the world is your oyster. And with the number of opportunities presented to us in this day and age right in front of us on our own monitors or phone screens, we just don’t have too much of an excuse to not go ahead and grab them.
So, what are you waiting for?
Let’s look at just a few amazing opportunities available to you online, which you could go and get involved in, starting right now.
Get educated, get qualified, get skills
Whether you want to actually learn a skill or two, or you just want a fancy piece of paper with your name on it to appeal to some influential people, both options are fully available to you.
If you just want to learn to do something you are passionate about and know that if you get good enough at you could make a living off it, freelance or not, then you could even theoretically do it for free.
There are more than enough online tutorials and learning resources which are free of charge, scattered all over YouTube, personal blogs and tutorial websites.
Whether it happens to be graphic design which you want to get into, 3D modelling, or even programming, there is something for you out there to help you on your way.
Lessons can only get you so far with these kinds of things, but in the end, you need to put in the work yourself, practicing and experimenting.
If you wish to get qualified “properly”, with teachers and certificates and a program which teaches you the cutting edge industry standards, it won’t be free, but definitely still worth it.
This can range from just about anything, but to give you an idea of the scope of online teaching, you can even get an online psychology degree.
Of course, you can also go and learn all those things previously mentioned, in the proper, correct way, which will save you a lot of trial and error after hours.
The best thing about all this, is due to its online nature, the time schedule for these kinds of online courses is mostly pretty loose and rather flexible.
This allows you to partake without giving up your steady income which puts food on the table and a roof over your head.
Even if you feel like you are stuck in your job without much prospects and the rat race is really getting to you, just remember that these opportunities exist and you can make a career change even if you are already working your average 9 to 5 job.
Opportunity to run a shop
If you have access to stock of any kind, or you know someone who makes something, or perhaps you have previously acquired some skills which allow you to make something yourself, then we now live in an age where you can sell those things to anyone across the globe.
Online shopping has become such a staple part in people’s lives, that it is basically the standard right alongside normal old-fashioned shopping, and any physical outlet worth its salt has an online shop as well.
No matter whether you are selling arts and crafts, keychains, t-shirts, old things you find around the house, or something more along the lines of computer parts, smartphones or headphones, you can start running your online shop in no time.
Or you can host your own online shop on your very own website, that is entirely up to you.
If you host your own shop, it will most definitely seem a bit more prestigious and people will most probably be willing to dish out slightly more cash for your products.
That said, this will only work on certain markets, not to mention, your website does not get automatic exposure, unlike listings you make on an existing website.
If you put up your products on eBay or Amazon, they get included in people’s search results just by virtue of being on that website, and considering they are currently the two leading platforms in online shopping, it might be worth setting up an account.
In case this all seems like too much hassle for what it is, just keep in mind that the alternative is to get your very own venue somewhere in the city.
Pay rent for or buy said venue, keep it well maintained, deal with potential break-ins or robberies and a plethora of other issues which get completely taken out of the equation when your shop only exists in a virtual space.
Not that having a physical shop doesn’t come with its own merits, but it cannot exactly be ran from your bedroom or your garage.
Isn’t the Internet great?
Brian Robben’s Top 9 YouTube Moments Of 2017
Starting off the year strong, FOX 19 interviewed me live in front of their Cincinnati audience about my book How To College! I had a blast and can’t wait to get back on TV soon. This also helped me sell some books.
I’ll go to my grave with this answer simply because it’s been proven first hand in countless examples, but more so because I’ve witnessed this to be true in my own life. Watch the video and you better agree with me.
College is not the end all be all for 18-year-old kids who want to be successful later in life. There are an endless amount of possibilities to pursue instead, but here are just 15 different options you could take.
Living the dream doesn’t mean what’s going on with your external circumstances. It’s more so knowing you’re following your dream and making progress every day to inch closer to achieving what you set out to.
Because he’s so popular now, I had to address my opinion about Tai Lopez and if he’s a scammer or not. Take a look to see my opinion with my reasoning behind it.
You could say my high school basketball career was a failure after falling from the starting lineup to the bench because of two suspensions. Though it’s only because of these mistakes that I learned a crucial lesson I’ll never forget.
Sales can be hard, or it can be easy if you follow these steps. I don’t know a lot of things (like handyman stuff), but my digital marketing company passed 6 figures in 5 months largely because of my sales performance.
Look, I don’t want you to waste your time or money. I want you to start a business and dominate from the beginning. The way you do that is by following the sound advice in this clip.
I’ve been big on Bitcoin for years. Don’t be surprised if Bitcoin reaches $100k or even $1 million for 1 coin—I won’t be and half expect this price increase.
Want to see more of my YouTube videos? Click here.