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Break the Bank Promotion

  • By HODO Global
  • Published August 10, 2017
  • Tagged

Nui Bank Promo Draft 1.9

Break the Bank” Promotion FAQ’s

  1. Can you please clarify the $124 Promo pricing?

  • $25.00 is to enroll in the opportunity and it is consistent with NUI’s Annual Affiliate Fee. Your renewal date will be one year from your enrollment date. Deductr will not be included in the NUI Affiliate fee.
  • $99 is to purchase your RYZE.Ai Initial Subscription Fee. This is a mandatory purchase regardless of the Tier you select. No monthly Tier Fees will be paid till one (1) week after the “official” launch of Nui
  • $25 + $99 = $124
  1. Who is eligible to participate in the Promotion?

    You must be either:

  • an existing HODO Global Partner  ora new Nui Affiliate who was enrolled by a HODO Affiliate/Partner
  • You must be an active RYZE.Ai Subscriber
  1. Do the 10 RYZE.Ai Subscriptions have to be Affiliates or can they be Retail Subscriptions as well?

  • Retail Subscribers will be counted towards both your Step 1 – Get 3 AND your Step 2 – Get 10 Bonuses, but keep in mind Retail Subscribers can’t refer others and therefore will not help you get any Step 3 $1500 Bonus.
  • All new RYZE.Ai subscriptions will generate Step 1 and Step 2 Bonuses.
  1. What do Partners, who have Inactive Retail Tracking Centers (RTCs), need to do to participate in the Promo?

    They must:

  • re-enroll with their current Partner and pay the $25 Annual Affiliate Fee. Their renewal date will be one year from their enrollment date.
  • They must purchase a RYZE.Ai Subscription at any Tier level, including the Promo Tier
  1. What if someone is a “Retail” Subscriber and they want to “upgrade” to an affiliate… how is that going to affect us with the Promo?

  • If they are already a RYZE.Ai Subscriber, then that wouldn’t be a new Subscription and thus that won’t help you to earn either the Step 1 – Get 3 and/or the Step 2 – Get 10 Bonuses.
  • But, if they pay the $25 Annual Affiliate Fee and they earn the Step 2 – Get 10 Bonus, and you are Step 2 Qualified, then you will receive a Step 3 –$1500 Bonus
  • In addition, if they are a TripSpin Subscriber and want to become an Affiliate, if you want them to count towards the Step 1 – Get 3 and/or the Step 2 Get 10 Bonuses, you need to enroll them as an Affiliate ($25) and have them purchase a RYZE,Ai Subscription ($99).
  1. What will happen to current TripSpin Subscribers? Can people still purchase a TripSpin Subscription?

  • Their TripSpin subscription will be honored and we are working towards a permanent solution to handle their Subscription after the official launch of Nui. For now, until Nui launches, we will continue to collect their monthly Subscription Fees through HODO Global.

  • Yes, people can still purchase our innovative travel technology, but the sales are not part of the Promo.
  1. What if you are a HODO partner with both a TripSpin and RYZE.Ai subscriptions, how does that change??

  • Until HODO completely merges its RYZE.Ai database (the “official” launch of NUI), nothing will change.
  • Eventually, the RYZE.Ai Subscription will be billed through NUI, and the TripSpin Subscription will be billed through the permanent solution discussed in #6 first bullet-point.
  1. When are all the HODO “Free” Launch countries going to be activated?

  • Their will be many new additional countries available after the official launch of Nui (this is one of the many benefits of joining in the creation of this new company.
  • If you have an existing MLM group from a certain country that is interested in RYZE.Ai technology and that HODO is not currently processing credit cards, then please email Marketing@hodoglobal.com and we will do our best to create an intermediate solution while we wait for the “official” launch of Nui.
  1. When does the promotion end for the $1500 Step 3 Bonus?

  • All three (3) Promo Step Bonuses end August 31, 2017, Midnight MDT

  1. What happens to those who recently joined as a Partner for $98? Any refund?

  • No refunds.
  • Those enrollments occurred prior to the “Break The Bank” Promo.
  • Any enrollments from June 19th to July 30th were part of the “Heat Is RYZEing” Promo
  1. If I currently have a Tier 1 Subscription ($500-$1500) and I upgrade to the “promo tier” do I still get no fees for a year?

  • There is no upgrading to the Promo Tier. All subscribers will have their monthly fees waived through the month of September and up until one week after the NUI launch (TBA) sometime in October.
  • Should your balance not exceed $1,500 the week after the “official” launch of Nui, then see #12 third bullet-point.
  1. How do I qualify for the no monthly payments for a year?

  • There is not a way to “qualify” for no monthly payments for a year.
  • Anyone who purchases a RYZE.Ai Subscription during the month of August and chooses the $500-$2,500 Promo Tier will receive the benefits of the RYZE.Ai technology for the next 12 months by only paying the $99 Initial Subscription Fee.
  • If you are a current Tier 1 Subscriber, prior to the Promo and your balance as of the week after the “official” launch of Nui is below $1,501, then you will pay for the Test Tier which is  $99 and you will not pay any monthly subscription fees for the next 12 months. This will continue on 12 month cycles until your balance exceeds $1,501 on your 12 month Anniversary Date.
  • Should your balance exceed $1,500 the week after the “official” launch of Nui, then you will be placed in the appropriate Tier and start paying the new monthly Tier Fees.

How To Start Investing In Global Currency Market With As Little As $500

  • By HODO Global
  • Published July 13, 2017
  • Tagged
hodo_blog_post20 (1)

Do you want to invest your money in the global currency market but don’t think you have money enough for it? Years ago, it wasn’t possible to invest if you had less than approximately $ 25,000 in cash. But times have changed and yes, now you can!

With as little as $500, you will be ready to start investing and earning a decent profit. You just have to be selective about where and how you invest your money, so take our tips about how to start investing with as little as $500 seriously! It’s easy and painless, check it out:

1: Save money for your emergency fund

If for any reason, you lose your investments of $500, it is advisable to have an emergency fund. So, even before starting to invest your original money, start with a micro saving service! One example is Acorns, which is very intuitive and will help you save money automatically on each purchase you make.

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Start saving money for an emergency fund before you invest!

2: Choose a broker

A stockbroker, also known by “broker”, “Registered Representative” or “investment advisor”, is a professional individual or agency who executes, buys and sells orders through a stock market. Stockbrokers are usually associated with an investment firm and handle transactions for retail and institutional customers. As their service fees are very high, for investors such as you the option is to look for an artificial intelligence (AI) solution: the discount broker. Discount brokers carry out orders at cheaper costs because they are ordinary people who understand finance and operate their business online helped by AI tools. Their services are available on web platforms, but can also be found in the real estate and financial services fields. Look for it!

3: Check your investments frequently

There is a small chance that your $500 investment may not succeed. Anyway, try always to be up-to-date about what is happening with it each week, or at least each month. If you are careful and follow our tips carefully, your investments will surely bring valid results.

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Stay up-to-day with your investments, check them frequently

With Ryze.Ai, you can start trading with as little as $500. Ryze.Ai Algorithm executes trading in the Currency and Commodities markets. The algorithm operates under a unique and proprietary trade strategy positioning trades as a bridge liquidity provider. Becoming a bridge liquidity provider removes speculation and makes the system a safe and sound investment tool.

The HEAT is RYZEing Promo – Updated July 6th

  • By HODO Global
  • Published July 10, 2017
  • Tagged
hodo-summer-promo-20170619-2

The Heat is RYZEing Summer Promotion
UPDATED JUly 6th

June 19th thru July 30th

  • $99 Initial RYZE ($199 initial discounted $100).
  • Creates 50BV instead of 100 BV – Initial Subscription still generates Cycle Bonuses.
  • No Direct Commission, but Commissions and Overrides are paid on Initial Subscription (see below).
  • No Monthly Tier Fees charged until your Anniversary Date in September
    (recurring order for Tier would start on your anniversary date from enrollment date in September).
  • Partner purchase – RTC Activation through the week ending of first recurring order in September.
  • Retail purchase – RTC Activation (as above) if set to Personal Volume and sale is initial activation for RTC.
  • During this Promotion:
    – Partners are PAID ONLY…
    … PROMO (commission & override)
    + Cycles + Direct Commission on Monthly.

    – No Matching Bonus.
    – No I’m Qualified Bonus or I’m Qualified Match
    (however, if anyone new gets qualified in their first 30 days or ANYONE gets the $150 bonus below then they will show up in their HBD as I’m Qualified Bonus status).

PROMO – RYZE

FOR EVERY 3$99 RYZE.Ai Initial Partner and/or Retail Sales Subscriptions:

  • You will be paid a $150 Promo Bonus
  • $50 Override paid to the first qualified upline who earned a $150 Heat is RYZEing Promo Bonus.

IMPORTANT: BONUSES AND OVERRIDES are calculated weekly on Thursday and paid on FRIDAY.

Why Artificial Intelligence Is About To Make An Impact On The Currency Market

  • By HODO Global
  • Published July 7, 2017
  • Tagged
hodo_blog_post14 (1)

Yes, using Artificial Intelligence to grow your financial assets is a thing. If you thought that it was only for very wealthy people, think again! Robot advisors and robot traders have become a thing recently, but thanks to deep machine learning, this landscape is changing fast!

First things first: What is Artificial Intelligence?

Artificial Intelligence (AI) is a science that studies the development of computers that can perform human tasks. An AI that can simulate complete human intelligence or do human tasks is the ultimate goal for many researchers. Others focus on programs that can learn and process significant amounts of data. It’s not new that machines are getting smarter and smarter. Scientists are already teaching AI machines to teach themselves. It’s called machine learning.

The currency market is changing fast: everyone can invest

The currency market is changing fast: everyone can invest

The Currency Market Is Changing Fast

The currency market has attracted a lot of people lately. Historically, market trade was reserved for multinationals and big organizations, but the scenario has changed, and ordinary people have started to invest.

This market is, by essence, nonphysical: everything happens by telephone and the internet, and web access for a broad range of people made a new group of investors possible: beginners and average people.

There are some trading companies (brokers) that have a user-friendly layout and systems that make it easier for beginners. Also, instructions and guides to teach how to invest on and assess risks, losses and gains are available everywhere on the internet for research. However, artificial intelligence software is taking trading to another level.

Several advanced artificial intelligence algorithms designated to profit in all market scenarios consider time and price as two different dimensions. These algorithms allow the AI software to follow the organic and dynamic trade market. This kind of software can help beginners to make the most of the investment and avoid big mistakes.

Will Artificial Intelligence Revolutionize The Financial Market?

Big media companies such as the Los Angeles Times already have robots writing short, informative and straightforward stories for them, including on economy topics: all you have to do is insert the data. In fact, in 2014 a machine wrote the very first story on an earthquake.

Artificial Intelligence is

Artificial Intelligence can be a game changer in the currency market

So, why not use this kind of artificial intelligence for current market analysis and reports, for example? Instead of seeing technology as the enemy, you can take advantage of it to do great business. Because being cutting-edge never gets outdated.

Some of you reading might have a friend or acquaintance who already lost some money using robot traders, that is probably true. Before jumping right into putting your hard-earned money in the hands of any software, you must study the tools and build a solid strategy (long or short term).

The Artificial Intelligence tools are already revolutionizing the commodities and currency market. There are already several tools and robots trading and advising the market. Pay close attention to them, because time and profits will show which software will bear fruit and which ones will not.

Top 10 Tips To Save Time (And Money) Planning Your Trip

  • By HODO Global
  • Published June 28, 2017
  • Tagged
hodo_blog_post2 (3)

Do you have difficulties planning your trip? Do you avoid traveling because it is too expensive? This article will change your mind and show you that it is possible to save time and money when you plan your trip. Why pay more for a vacation than you need? Why stay home when you could be visiting other places? We have selected top 10 tips to save time (and money) planning your trip.

01 Planning your trip: use a travel-related credit card

By using the signup bonuses offered by airline credit cards, you can accumulate lots of air miles which can be reversed for flights.It is a free round trip economy ticket!

02 Choose cheap flights

The first step to finding cheap flights is to look for low-cost flight companies such as Ryanair, EasyJet, and the AirAsia Group. We advise you to always compare airfares because no airline always has the best prices: if you don’t compare them, you could pay too much. Another tip is always choosing mid-week flights instead of weekend ones: it is less expensive and less crowded.

To find a cheap flight you can also use other strategies such as flying indirect (flight with a stop-over), hack the baggage fees and fly from an alternative airport. For instance, traveling from France to Holland is less expensive when your depart is from Paris to Amsterdam than from Lyon to the same city. The same happens when you try to travel from France to Morocco: instead of flying from Lyon, people usually choose flights from Grenoble to Morocco (it is far away less expensive).

Be aware of the following:

Cheapest days to fly: Tuesdays, Wednesdays, Saturdays.
Most expensive days to fly: Fridays and Sundays
Cheapest times: try to fly when most people don’t want to, including flights at dawn, red-eyes (overnight flights) and flights around the lunch and dinner hour.

03 Planning your trip: travel in shoulder seasons

Summer can be the best time to visit Italy and winter is great in Africa, but we advise you to travel in the shoulder seasons: just before or after the main seasons. Why? Prices are lower, the weather’s still nice, the stores are open, and there are few other people around. Shoulder seasons might not be the warmest and sunniest ones, but the prices are far better. If you can choose your vacation, try to plan it during those seasons,

04 Avoid popular destinations

Popular destinations such as Barcelona (Spain), Venice (Italy), New York (USA), Paris (France), Berlin (Germany), London (UK), Vienna (Austria), Prague (Czech Republic) and Rio de Janeiro (Brazil) are more expensive. Also, the pickpocketing of tourists is more common in popular cities. But don’t worry: there are alternative destinations just as exciting as the famous ones, such as Lyon (France), Budapest (Hungary), Stockholm (Sweden), Foz do Iguaçu (Brazil), Warsaw (Poland), Florianópolis (Brazil), Olomouc (Czech Republic).

05 Planning your trip: run from expensive brand hotels

You don’t need to stay in branded and expensive hotels to have a nice trip. There are alternative options such as hostels, couch surfing and apartment rentals such as Airbnb. Another good choice is the mom-and-pop budget hotel. It is a small family-run hotel and guesthouse, so it’s usually cheaper and has much more personality than big box hotels. Have you ever heard about house-sitting? It is an exchange in which you take care of someone’s home while they are away, getting free lodging. The length of your stay will depend on the homeowners, but you’ll get access to the house and usually a car to use.

06 Take free tours

Free walking tours can show you the city’s highlights and teach you about local culture better than the paid ones. Apart from saving money, taking free tours will give you the chance to meet cool, smart and genuinely native people. Moreover, you will probably also enjoy alternative and interesting parts of the city.

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You can choose alternative destinations to save money on your travels.

07 Know the weight of your luggage before arriving at the airport

If you want to save time and money, it is important to know the weight of your bags before passing through the check-in in the airport. We advise you to be aware of the weight and maximum exterior dimension (length, width, and height) of standard checked baggage, including handles and wheels. Be careful and check the rules for your flight before packing your luggage.

Another important tip is to check how many bags you are allowed to fly with. In United Airlines flights, for example, the first carry on bag is for free but the second one costs 35 dollars, and any additional big bag is 100 dollars each.

08 Planning your trip: look for house swapping

Do you want free lodging? If so, it’s a good idea to look for house swapping, a kind of home exchange. It is a type of hospitality service in which two parties agree to offer each other homestays (lodging in each other’s homes) for a set period of time. Since no monetary exchange takes place, it is a form of barter, collaborative consumption, and sharing.

09 Use apps to find the best discounts

Smartphones can be a handy money-saving travel friend. There are applications (apps) for everything including restaurant guides, city maps, hotel tips, etc. Another strategy to save money is to eat like a local. In other words, do not go to restaurants in touristic areas. Ask your hostel’s owner where he eats and goes there!

10 Planning your trip: work/volunteer and travel

Did you know that it is possible to entirely fund your trip or even come back home with some extra cash? You travel and work at the same time, doing some activities such as grape picking, English teaching, content writing… there are a plethora of options available. But if you are looking for something with a sense of social responsibility, you can volunteer and help to change the world far from your country.

Traveling is a moment of cultural exchange and a change of world vision. Don’t stop traveling regardless of your budget!

Why Most People Will Never Be Great At Getting Profit From The Currency Market

  • By HODO Global
  • Published June 23, 2017
  • Tagged
hodo_blog_post31

The International Currency Market is the one in which participants from all around the world can buy, sell, exchange and speculate on different currencies. It is made up of central banks, commercial companies, investment management firms, hedge funds, brokers, and investors.

The currency market is not simple, neither intuitive. But if you use the right strategies and tools, the chance to have a big profit investing in it is huge. People who invest in the currency market are called traders. They make money most of the time. But the question is: why do some of them lose money? Why will most people never be great at getting profit from the currency market?

1: They are stubborn and think the losing game will turn into a winning one automatically

In general, professional traders are excellent at identifying profitable trading opportunities. But sometimes they can lose a lot of money. If you want to play this game, be careful. When your investment goes against you, withdraw your money at that moment. Take a small loss and then try again later using another methodology. It is better to take a small loss early than a big loss later.

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When your investment goes against you, withdraw your money at that moment

2: They close the investment at a small gain to protect profits

The big mistake people frequently make is that they shut the investment at a small gain to protect profits. But there is an important advice to follow: If an investment is in your favor, let it run. Do not close it. It’s tempting to close your assets at a small gain to protect profits, but sometimes persistence can result in bigger gains. When investing in the currency market, always look for larger compensation than the failure you are risking. If you follow this rule, you may make money because you will focus on your winning trades, not on the losing ones.

3: They do not study enough the new tools available

There are thousands of tools that can optimize your investments in the currency market. If you think that investing is something that would take your entire day, you must know that this is no longer a requirement. Ryze.Ai, for instance, is a tool that places the trades automatically on your behalf, so you don’t need to worry where or how to invest every day.

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Some tools can optimize your investments in the currency market

To sum it all up, do not be inflexible: if your investment goes against you, withdraw your money at that moment. But if your trades are gaining value, think about a bigger compensation and leave it there. Follow our tips and be great at getting profit from the currency market!

3 Ways Artificial Intelligence Can Make You Invincible In Finances

  • By HODO Global
  • Published June 20, 2017
  • Tagged
hodo_blog_post17 (1)

Have you ever imagined a new electronic cash system that is trustworthy, low-cost, capable of detecting frauds, and not limited to a country or even time? How about an independent money system which is fully peer-to-peer, with no third party involved such as banks or agencies?

AI has long been praised as a symbol of the future. However, in many ways, the age of AI is already upon us for better or worse. Due to the tremendous volume of data to be analyzed and organized, the use of algorithms has become mandatory in the finance world. It is not only a revolution in our way of processing data: it can look like magic when you use it in your financial life. To help you with that, we have selected 3 Ways Artificial Intelligence Can Make You Invincible In Finances.

Maybe, in the future, banks will no longer be required

Maybe in the future, banks will no longer be required

01 Buying bitcoin and downloading a blockchain instead of using a bank account

Bitcoin is an online alternative currency system that acts as digital money. Bitcoin is used both as an investment and as a method of payment for goods and services. It is a revolution in financial transactions created in 2008 by Satoshi Nakamoto (a pseudonym that has been cryptographed). To control how many bitcoins you have in your account, you have to be a user of blockchain: a data structure similar to a bank, but public and widely distributed. It allows bitcoins (digital money) to be transferred without having an institution certifying the transaction. Maybe in the future, when bitcoin and blockchain become more widespread, banks will no longer be required.

Moreover, companies such as IBM, Deloitte, and Gem are already using blockchain and bitcoins in many practical areas. It is better than a regular bank and much safer because it makes frauds practically impossible given the use of cryptography.

How about trying it? Bitcoin transactions take place in an online marketplace, where users are anonymous and almost untraceable. To start, you can download the Bitcoin Client software or use online help such as the Coinbase or the blockchain.com. The main danger of investing in bitcoin is that it is extremely volatile, as prices move rapidly up and down. But, beyond that, it still is a good investment option.

AI dominance will become more and more widespread

AI dominance will become more and more widespread

02 Contract a company that uses AI to invest your money

AI has infiltrated everything from trading customer service until regulations. Its dominance will only become more widespread as technologies improve and possibilities increase. If you think that an AI investment such as bitcoin is too risky, why don’t you try contracting a company that uses AI to invest your money in the Stock Exchange? Ryze.Ai is a case in point: it uses a robot to calculate the investments for your money and places it in clusters in your behalf, through the use of algorithms. It is safe, and the chance of success is good, as the deep machine learning teaches algorithms to almost never miss an excellent opportunity.

03 Use the interpretations by AI to make investments

Many financial services already use AI’s to make predictions and generate insights. Take a frequent look at their insights, analyses, websites, etc. to stay on top of the market. AI will provide you the tools, insight, and accelerations that will enable you to be one of the tomorrow’s market leaders.

To sum up, the use of algorithms has become mandatory not only in the global finance world but also to who wants to be invincible in finances.

It’s official! – 10 New Countries & 2 New US Territories

  • By HODO Global
  • Published June 13, 2017
  • Tagged

HODO Launch New Countries

Great News!

It’s official! We’re open for business in 10 New Countries & 2 New US Territories

NEW COUNTRIES

  1. Taiwan
  2. China
  3. South Africa
  4. Columbia
  5. Brazil
  6. UAE
  7. Great Britain (UK)
  8. Belgium
  9. Holland
  10. France

US TERRITORIES

  1. Puerto Rico
  2. Guam

Learn How To Start Saving On Last Minute Deals

  • By HODO Global
  • Published June 9, 2017
  • Tagged
hodo_blog_post6 (2) (1)

Did you know that last minute travel deals can help you save a lot of money? But be careful: some sales can be a trap. To help you, we have five pieces of advice on how to start saving on those situations.

01: Last minute deals are good to find accommodation, not cheap flights

Flights on regularly scheduled airlines tend to increase in price the closer to departure you get. So last minute deals on flights are rare, don’t take the risk. A good advice is to look for some accommodation deals – you can save a lot of money, believe us! Also, you can ask for an upgrade on your room directly when you check in.

02: Mid-week travel and alternative flights

Better than looking for flights on sale is to travel on mid-week days, from Tuesday to Thursday. It helps you save more since most people tend to book a weekend or national holiday departures. Even if you’re booking in advance, flying mid-week can save you hundreds of dollars per ticket. To find a cheap flight you can also use other strategies such as flying indirect (flight with a stop-over), hacking the baggage fees and flying from an alternative airport.

For instance, traveling from France to Holland is less expensive when your departure is from Paris to Amsterdam than from Lyon to the same city. The same happens when you try to travel from France to Morocco: instead of flying from Lyon, people usually choose flights from Grenoble to Morocco (it is far away less expensive).

03: Use last-minute travel for fun trips, not crucial trips

Last-minute travel isn’t appropriate if you’re set on a particular type of suite in a specific kind of accommodation at a particular location at your destination or when you must travel during specific dates. If everything has to be perfect for your honeymoon or business trip, book ahead instead. If you have an important appointment, do not take the risk!

04: Follow your favorite airlines on social networks

Be aware that several airlines post last-minute sales to their social networks, especially their Twitter account. Some domestic airlines’ deal pages and Twitter handles are American Airlines (@AmericanAir), Delta Air Lines (@Delta), United Airlines (@United), Southwest Airlines (@SouthwestAir).

05: Consider joining a membership travel club

If you are a very frequent traveler, you must take into account participating in a membership travel club. That kind of business often require a monthly fee, so you must be a vivid traveler so make it worth. A travel club usually has exclusive deals and last minute sales for members only with very attractive discounts.

Check out the TripSpin opportunity: You can get insider deals and wholesale prices!

15 Easy Ways to Face Obstacles in Your Business

  • By HODO Global
  • Published June 7, 2017
  • Tagged
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There are some unique challenges that are especially difficult to overcome when dealing with business. Whether you’re just getting into the game or you’re thinking about facing obstacles, we are here to make your life easier.

01 Make It Easier To Face Obstacles In Your Business: brainstorm and solve problems

To create a successful and relevant business, you have to first think about what problem you will solve, how you can really help your clients and what your competitive advantage is. The first step is to establish your target audience and its context. Then make a list of problems related to their reality and possible solutions. For example, making a list of problems about local public affairs is efficient to become aware of what you will develop to public employees (your clients). In short, you need to choose a specific audience, recognize the scale of its problems and the need for a solution, then create a system or a product that solves the problem(s). Write down your every idea in post-its!

02 Failures open up the doors of success

If you tried one solution and the prototype didn’t work, do not worry. Failures and faux pas are part of our journey and they must be seen as a great opportunity to learn and improve ourselves. We need to accept that our failures make us unique and are part of important lessons. Some people say that the kind of mistakes you make define you. So, the more interesting the mistake, the more interesting the life. Try a lot! As Samuel Beckett once said, “ever tried, ever failed. No matter. Try again. Fail again. Fail better”.

03 Make It Easier To Face Obstacles In Your Business: develop emotional resilience

If you take risks, you will have failures, it is part of the game. Therefore you need to develop emotional resilience to stay strong and don’t give up. Most successful people have always found ways to turn their failures into successes. Their background stories reflect resilience as you never know what your failure today will lead to in a few years. But one thing is for certain, taking a problem, creating a plan that fixes it and then using it to your benefit can only make you stronger. Accept your failures as a normal part of the process and go on!

04 Abandon what doesn’t work

Don’t be a fool: learn from your mistakes and abandon what doesn’t work. To err once is human, to make the same mistake twice is stupidity! Some products or services you include in the business might not work. We tend to fall in love with our own products and services and find hard to let something go. It’s almost as if we have developed blinders that prevent us from seeing what is very clear to outsiders, but not to us. Like people say, if you’re going to play the game, you need to know when to fold the cards.

We need to accept that our failures make us unique

05 Make It Easier To Face Obstacles In Your Business: use new strategies

Some obstacles are the result of our bad habits – i.e. clinging to outdated models and ways of doing business because it’s what we know best. Always try to update yourself on what is happening in the market and look for new methods to solve old problems. They can work just fine, open your mind and stay active!

06 Manage your cash flow and keep money coming in

Money problems in their several forms are at the top of most lists of company woes. For small businesses, the major worries are clients stalling payments, unexpected outgoings, and outstanding bills that will not wait to be paid. There are some money management tools that can help you to manage cash flow, multi-functional apps that can create budgets, calculate VAT, automate bill payments, alert you of unusual outgoings and provide a free credit score. Look for it and keep the money coming in!

07 Make It Easier To Face Obstacles In Your Business: stay focused and do your best

Simplify and stay focused on what you know and what you do best. In other words, “stick to the knitting”. If you believe in your product or service and you know that it adds value and solves problems, don’t go looking for the next exciting thing. Stay focused and win this game!

08 Be close to the sales function

Attention: during the startup phase, entrepreneurs generally act as sales chiefs. It means that they know their product or service best because they have created it. As they grow and start to hire staff, some founders may remove themselves from the sales function. They usually slowly start to distance themselves as they focus on financing, people management, and other operational issues. And it’s a trap! They may end up losing their grip on what matters most: sales, sales, and more sales. As we all know, sales can make or break a business.

09 Make It Easier To Face Obstacles In Your Business: set aside time for yourself

Fatigue is one of the most commonly overlooked small business challenges. It can leave you disorganized, forgetful and cranky, not paying as much attention to clients and products as you should. Business owners have to pace themselves, which includes embracing strategic delegation, something that for any highly motivated individual isn’t an easy ask. You can start by identifying business elements that don’t require your expertise, such as mailing, and take on an assistant to help you out. We advise you: for the best of your business, set time aside for yourself!

10 Focus on your most profitable customers before taking new steps

To understand what customers want, you can ask for feedback from your current best clients, which also counts as part of your follow-up engagement, another ‘must do’ when you’re looking at keeping valued partners. Take everything into consideration and be as attentive as possible.

You must focus on your most profitable customers

11 Make It Easier To Face Obstacles In Your Business: cut back your overheads

Overheads are one of the biggest small business challenges and excessive overheads have driven many otherwise good companies to the wall. Resolving them involves paying close attention to what customers actually want and providing products or services sharply tailored to fit. This means working out what customers need and trimming back gold plating or unnecessary services. Try to cut back on your overheads!

12 Teambuilding: motivation and union

Even if you have management experience, picking the right team for a startup is stressful and difficult. It’s not enough to find candidates who fill certain roles; you also need to consider their culture fit and how they’ll work as part of your overall team. Another important tip: team motivation and unity are very important. Ensuring employees are happy and productive means communicating clearly and being approachable. Good companies foster a relaxed atmosphere where staff feels able to talk to management. You should also ask for employee feedback regarding their needs. This is not an option, it’s a must! Too many businesses don’t look at what their employees want, assume everything is fine, then wonder why they have a high staff turnover. Motivation and unity must always be up, do not forget that!

13 Make It Easier To Face Obstacles In Your Business: deal with the unknown

What kind of business should you start? How long will your business exist? How profitable will your business be? Will customers like your service? Will you be able to give yourself a steady paycheck? None of these questions have a solid, reliable answer.
Dealing with this volatility is one of the hardest parts of emerging as a new entrepreneur, but it is a great learning opportunity!

14 Rulemaking: create agreements together with the team

Do not be a dictator. Of course, your business needs rulemaking. How about creating agreements together with your team? Acting like that you will get more commitment from the team. Remember: your role is not to create or dictate rules, but to remind employees of previously agreed agreements. Try to communicate with them in a calm and empathetic manner.

15 Make It Easier To Face Obstacles In Your Business: decisionmaking

New entrepreneurs are forced to make hundreds of decisions a day. From big, company impacting decisions, to tiny, hour affecting ones. These decisions aren’t easy. Decision fatigue is a real phenomenon and most new entrepreneurs will experience it if they aren’t prepared for it. Always try to remember the main goals of your business and your personal goals before making any decisions.