Business Myth You Need to Know and Avoid

Myth is everywhere in almost every aspect of life including business. There are some myths about business that sometimes some business owners can’t help but fall for it. Starting and operating business means you need to use your logic and rely more. And it is easier said than done because what people say can be either trusted or misleading. Those who fall for business myths the most are beginner. It might be part of mistake that sometimes is inevitable but you can avoid them if you learn more about them.

Business Myth You Need to Know and Avoid

Type of business myths you should know

Here are the most common myths about business you should know and can actually avoid:

  • Competition in business is not something you can take lightly. You always need to be ahead of your competitors and present more unique ideas through your products or services. However, there is a myth that cheaper products are the best and always preferred by customers. Customers tend to like cheaper products of course. However, there are also those who care more about the quality rather than cheap price. Thus, reducing the price of your products and services is not always the best idea. Focusing more on the quality is what you need to do.
  • Another business myth is that customers are always right. It is true that customers should be treated as king. However, it is wrong to say that customers are always right. Sometimes, their judgment is clouded by their needs. Thus, you should know when to stand your ground in dealing with customers.
  • Business can be started by idea. It is not always a great one but maybe a simple idea. However, there is a myth about business that says great ideas means great business. It is not entirely true because if the great ideas cannot be commercialized then they cannot make money. Thus, there is no point of the ideas being great. An idea for business is supposed to be able to be commercialized to work.
  • Another myth about business is that customers will come to you. However, it only wastes your time to wait for customers to come to you. You need to come get your customers instead if you want to be ahead of your competitors. You need to let customers know why you are the best and what you can provide to them. Instead of waiting for them to come, let them know what you are best at and why you are different from your competitors.
  • Last but not least of business myth is that owning business allows you to have more free time. Starting a business is a hard work. You won’t be able to grow it unless you dedicate your time to do various tasks. Running your own business sounds cool and all but in reality, you need to sacrifice your ‘me time’ to handle many things to make sure that your business keeps floating. If you are not ready to dedicate your time, do not run your own business.

How to Plan a Liveaboard Labuan Bajo Trip with Friends

You have long heard about Komodo National Park for so long. You have spread the stories to your friends; pictures of vast body of blue water, savannah hills, scaly dragons, and the bright marine world—and successfully persuade them to go on a trip with you. Because happiness is only meant when shared and so does vacationing in Komodo. You cannot wait to sail the liveaboard Labuan Bajo with your bestie—sunbathing in the deck, exploring the exotic lands, roaming undisturbed beaches, and dive together under the blue sea. 

But we all know making plans with friends could be a bit of headache. Especially when you are the one who arrange everything. There will always be too much thing to handle and other dozens things to consider from different perspectives. Here, we want to help you arranging a liveaboard trip with friends in frontier Komodo that would bring happiness on everyone’s face. 

How to Plan a Liveaboard Labuan Bajo Trip with Friends

Set the Budget

Money would always be an important and sensitive issue. Better set the budget early on before setting any expectation. Ask your friends to be open about their budget; how much they are willing to pay. Make sure that the budget could cover accommodation, food, entertainment, and the cost of between travel. 

Decide Length of the Trip

The length of the trip would closely follow budget arrangement. Remember, the longer the trip is, the more expensive it would be. Also, consider the best travelling duration for your group. How much days is enjoyable? Is a 7 days trip too long? Would 3D2N trip be enough for everyone? 

Determine Destinations Candidate and Let Others Vote

It would need years to let your friends choose itineraries from dozens of destinations in Komodo. If you know your friends well, prepare several destination candidates that you think would suits the personalities most of your friends. Then, arrange a voting and choose destinations with most votes.

How to Plan a Liveaboard Labuan Bajo Trip with Friends

Browse Liveaboard Labuan Bajo to Suit Group Travel

Here’s the best thing of travelling with liveaboard Labuan Bajo. You only need to pay one price that would cover the accommodation, transportation, and meals for the whole Komodo trip. Look for liveaboard that suits the group’s budget.

Charter one boat and split the cost or join an open trip?

Depend on the budget and the member of the group, there’s two alternatives on booking the boat. First, you can take slots in open-trip liveaboard according to the amount of members on your groups. If you are only travelling with 3-4 people, this option would be the cheapest and most effective. The downside is, you cannot curate the itinerary.

The other alternative is chartering a Komodo yacht or the phinisi for a predetermined period of time. This option is definitely more expensive, but it’s more effective for large group that need a lot of space and privacy. Also, you can arrange the itinerary according to your group’s wish. 

Read More: A Leisure Sailing with Luxury Liveaboard Komodo

Follow Liveaboard Operators’ Itinerary

If none of you know the Komodo that well, probably you can consider to let the crew of Liveaboard Labuan Bajo arrange it for you. Give them your group’s detailed preferences and they would be happy to tailor an amazing, well-balanced trip for you!

Download Money-Sharing Apps

This is critical. Expenses on Komodo holiday would not only be the liveaboard and the planes to get there. You should also consider the cost of spending a night in hostels, meals, and entertainment costs in between the trip. Having a money sharing-apps would make it easier for your group to track and share expenses before and during the trip. It makes clear who owes whom and how much is owed—and everyone could “send the bill” without any hard feeling. 

Growing Your Business Faster Than Your Competitors

Starting your own business is not a simple thing to do but it can be rewarding. It is hard thing to do because you need to deal with many things such as marketing, sales, cash flow, financial setting, and many more. You need to have better understanding of many things to properly manage your business. It is no wonder that running business can take a toll on you. Struggling to grow your business is common because you are not the only person experiencing it. However, there is always a chance for you to buckle down and clear your mind. Then, you will be able to focus and reach your goals of your business successfully.

How to quickly grow your business

To be successful in your business, you need to be more stand out from the rest. You need to be ahead of others. You don’t have to be afraid to be different if it brings you more benefits for your business. In fact, you need to be different from your competitors so customers will only look at your way. Here are tips to grow your business faster than others:

Try building sales funnels as those can help you to automate your business. It helps your business to sail smoothly because everything is run automatically with the right system. Of course, it is also not easy to build sales funnels because it requires various processes. It also needs to be conceptualized thoroughly before it is created. However, it is truly worth it once you find the right one because then your business will grow quickly.

How to quickly grow your business

Next thing you can do to be ahead of your competitors is research the competition itself. You cannot just dive into the market blindly without knowing how it works and what kind of competition you are getting into. You can use the right platform to conduct this kind of research so it is done efficiently.

One of many ways to grow your business faster is to increase the sale. To do it, you can create loyalty programs for your customers. You see, loyal customers are valuable assets for your business. They are even more valuable than new customers. Thus, making sure that your current customers are and will always be loyal will bring benefit to your business growth.

Next, try to find new opportunities by having better understanding of your demographic. You need to understand every process from distribution to analysis of foreign markets. In every field there are new opportunities if you search deep enough. With the right method of analysis, you can spot new opportunities that will help growing your business faster.

You can also use strategic partnership as a tool to grow your business quickly. When you have the right companies to build partnership with, you can make everything much better. You have more opportunities to reach customers wider. The key of this strategy is to find the company that can complement your own. Once you find them, immediately contact and propose them to work together in mutual business relationship.

Checking In with Luxury Liveaboard Komodo

One of the best summer dream is a best kept secret which sits deep in Indonesian frontier, South East Asia. It’s the Komodo National Park, a lost world where the prehistoric Komodo dragons roams free on wild savannah lands, where the beaches are white and empty, and where the indigenous folks still go to megalithic sites to pray to their ancestors. Venturing to this forgotten piece of heaven is best done with luxury liveaboard Komodo, given to the archipelagic landscape. This remote paradise may have everything to stun you breathless, but it lack of holiday facilities that you’d commonly enjoy in holiday destinations. 

Checking In with Luxury Liveaboard Komodo

The Komodo National Park has more than fifty liveaboard boats of all types and classes lean o the dock of Labuan Bajo, it’s port town. Above all liveaboard, luxury liveaboard would make an obviously best choice. Luxury liveaboard may come with a price tag, but it compensate the lack of facilities and comfort in a way that exceeds your expectation. These luxury liners are proud of delivering superior services, guarding experienced staffs, offering grandiose living spaces and magnificent cruise, and equipped diving facilities. 

A Leisure Sailing in Luxury Liveaboard Komodo

The Komodo might be wild and raw, but your liveaboard wouldn’t. Prepare to be pampered like a royals, cause the staffs would constantly be around to listen to your needs. The luxury liveaboard Komodo would take you around the national park, dock to awesome destinations, and guide you to the adventures. It would wait nearby as you walk with the dragons, sunbathe in the empty beaches, or plunging under the brilliant water. And after you’ve done with all the explorations, the ship would warmly welcomes you back in their pampering facilities. 

Life in luxury liveaboard Komodo should not be rushed. The majority of ships on this class take conduct on leisure living; delivering the closest meaning of taking a break from life. You could mistook their standard cabins as a five-star hotel room—complete with the oceanfront view. They provides both indoor and outdoor massage area for spa, where you could relax and enjoying the deep tissue massage while savouring Komodo’s view. Anytime when you are not busy exploring the islands, you could soak up in their jacuzzi—or the hot bath tub, if there’s any—or simply lie down in the sun decks, sipping on the boat’s tropical drinks, and enjoying the time while the boat is sailing to your next destination. 

Dealing with Tenant’s Complaints of Your Rental Property

Managing rental property as your business is not as easy as it sounds. It is true that rental property is promising especially if you aim for steady income every month. However, there’s a lot of challenges as well including tenancy. Your tenant is one of the most factors of your success in your property investment business. Without them, you won’t get the income. Therefore, it is your priority as the property owner and landlord to make them happy. You need to make sure that the property you rented out is always in good living condition so your tenants will always stay happy. It sounds easy but challenging in some ways because it is hard to please everyone. It might be less challenging if you only have like one or two tenants. However, the challenges will level up if you have many tenants living on your property.

Dealing with Tenant’s Complaints of Your Rental Property

The most common tenant’s complaints

There are various complaints that tenants could give you. Small complaint may not affect that much. However, it can becomes worse when the complaints keep coming and the bigger problems arise. It can strain your relationship between landlord and tenants. And of course, it is not the thing you should be proud of when you have dispute with your tenants.

There must also be a time when you have tenants with different perspective, preference, and style. Those can cause some clashes here and there. It can cause you a massive headache if you don’t know what to deal with the situation. You need to do the conciliation and mediation to find the right solution for the parties included in the dispute.

Here are some examples of complaints that tenants have the most

Landscaping is one of the most complaints that every landlord could receive. It can be about simple things such as the placement or the choice of plants used in the common area of your property. It can also be about the lawns, maintenance, weeds, etc. Those seem simple but they are one of the most common complaints almost every tenants give to their property manager or landlord.

Children is also often included into one of the most common complaints of tenants. Children are basically active so they tend to run amok in a unit complex and make other tenants complain. The situation of children as the cause of complaints can be varied. It can be a friend visiting one of the tenants and bring their kids to the unit complex then causing some uncomfortable situation for other tenants such as screaming, breaking pots, etc.

Maintenance is also common to be complained by tenants. Maintaining the building to stay fit and be in good living condition is your responsibility as the landlord. However, if there is complain about the maintenance while you have been doing your best to keep it managed then you need to look through the situation well because not all complaint is your responsibility to take. Every individual condition regarding to the maintenance complaint is varied by the cause.

Things to Keep in Mind about Property Investing

There’s a lot of information about property investing many investors believe all of them are true. However, it is important to keep in mind that not all information is true. Sometimes, they are only myth or far from the truth. One of the biggest influences about spreading information is of course media. It is not something to blame but every investor should know how to filter the information to believe and which one is to ignore. It is easy for investor to use particular property strategy hyped up by the media without researching about it beforehand. As the result, they suffer from severe financial loss and it is the last thing you should wish from your career in property investing.

Things to Keep in Mind about Property Investing

What to know about property investing in real life

Only few websites highlighting the potential downside of property investing. However, it is important for every investor to be aware of that factors. It can help preventing from unnecessary mistakes and severe loss. So here is information about property investing you should care about:

–        Lots of people saying that property investing is promising and pretty simple. It might be true to say that but to say it is easy is wrong. If it is as easy as most people thought, there should be more successful investors out there who own multiple investment properties. However, the static says that only a few who can past the first investment and grow it to the next property investment. Most of them failed in the first property investment. It shows how property looks simple but is not easy.

–        Next important thing to know about property investing is how long you can reach your goal. The main goal of people running property business is to gain financial freedom. It sounds tempting because who doesn’t want to? However, reaching goal of financial freedom takes time. It may take you 5 to 30 years to finally reach the goal. The process of reaching the goal is not simple. You need to build substantial asset base then hold your investment for a number years using the right strategy.

–        One of the most common mistakes in property investing is not about not calculating the cycle of property market but buying the wrong property to invest in. that’s why lots of investors wasted their times buying wrong property and make the journey to reach the goal even longer. However, you can speed up the process of reaching the goal by using the right strategy. Making mistake sometimes is inevitable but your focus should on how to improve not to dwell with it.

–        In property investing, most investors so focus on making cash flow. However, that is not the only factor you should consider if your goal is to build wealth through property. Cash flow is important so that you can keep your business afloat. However, it is not enough to make you become the rich. Growing wealth is possible through property but you need the right strategy and patience to really achieve it.

The Online Guide to Online Businesses: How to Keep Your Online Business Safe from Unwanted People?

These days, an online business is becoming something of a norm. People have ditched physical stores and opt for an online one, all for reasons that are different from each other. This is a good thing seeing that space for one to create a physical store is getting less and less, so web-based businesses will stay for a long time and can even grow even more.

If you got yourself an online store or an online service provider, then we must congratulate you for being one of the many folks who embrace the future. You will join the others in creating the string that connects the world, and your online store will definitely make a better profit when compared to exclusively having a physical store.

But we are not here just to congratulate you on being one of the folks to bring the world forward. We also want to tell you about one of the most problematic things in the online world: hackers. Hackers are people who can hack into your online store and do things with it. If you are lucky, the hackers might only be pranksters who want to prank you by perhaps doing minor, harmless changes on your website. If you are not lucky, the hackers might be a malicious individual or group who is aiming to bring your website down or steal your customers’ information. 

Because getting your customers’ information stolen and having your website down is never a good thing for those who owned an online store, we want to tell you several ways for you to able to prevent hackers from entering your store. What are those ways?

You need to keep your server computer updated

 If you are opening an online store, chances are you already which of your computer is the server computer, so we are not going to divulge more about it. 

What we want to divulge to you is that you always need to keep your server computer updated, even if it is just a small update. Every program that you got – more so if the program is directly connected to the livelihood of your online store – needs to be kept up to date. By updating the programs, the chance of you getting hacked will be reduced, which leads to an easier breathing and less paranoia when you are handling an online store. 

If you set up a Wi-Fi system, you need to secure it

There is no better door for hackers to enter than an unsecured Wi-Fi. Having a wireless network is very useful, especially if you normally keep track of your online store using your smartphone. However, you need to keep your Wi-Fi secured if you do not want some shady folks from entering your network through an open Wi-Fi. Just put up a password on your Wi-Fi and you will generally be safe.

Keep your devices secure

Devices here mean laptops, computers, smartphones, and other things that are also connected to the same network as your online store. If you got one of them stolen, the thief only needs to boot the gadget up and access your network through that gadget. From there, he/she can bring ruin to your online store and then your life. 

If you want to, you can also encrypt your gadgets so that only you and perhaps several other folks that you trust can access the gadgets. The word ‘encrypting’ might sound so nerdy and complex, but it is actually easy to do, so you need to do it quickly if you want to secure your online business. 

Starting a Boutique Business

A boutique business is a type of business that is very appropriate for housewives. To start a home-based boutique business is not that difficult.

Starting a Boutique Business

The capital needed is relatively very affordable because you do not need to budget rent space. You also don’t need transportation costs to your boutique because  you have to prepare all business needs at home.

However, even though the business opportunity of this boutique business attracted many people, not infrequently they actually stopped in the middle of the road and did not know how to develop the boutique. Actually, this home-based boutique business can be called a type of side business or the initial stage of a boutique business to become bigger.

For this reason, here are the steps that you must pay attention to win the competition in this boutique venture:

Conducting a Survey of Competitors

Although this boutique business is fairly simple, the survey must always be done. This is to be used as anticipation so that, you are not complacent and are not careless in choosing a product. The survey function is to find out what types of products competitors have sold. In addition, you can also find out the shortcomings of these competitors. So, you can complete these shortcomings and your boutique will be more salable.

Selling Different Boutique Products

If you sell the same product then it will be a waste of effort. Because newly opened boutiques tend to be less glimpsed by buyers. Consumers are more confident about boutiques that have been open and crowded for a long time. For this reason, you must determine market segmentation. For example, you only sell Muslim clothing boutiques, Korean clothing boutiques, or traditional clothes only. Well, this focus on one type actually affects people’s purchasing power.

Promoting and Providing Discounts

The key to the success of a boutique business is promotions and discounts. Psychological Indonesian people and even the world prefer products that are discounted than expensive ones. However, so that everyone knows that you are giving a discount to your boutique, then the step that must be taken is a promotion. The promotion aims to let the public know that your boutique sells certain products. However, if you combine offline systems and also sell online it will be even more profitable.

Cleanliness and Neatness

By having your own boutique business in the house it means requiring you to always maintain every cleanliness and tidiness on each side of the room where you run the boutique business. That way, every visitor, consumer and customer who comes to your boutique will feel comfortable and at home. So that the cleanliness and neatness of your boutique can be maintained, you can give understanding to family members who live in the house to always maintain every cleanliness and tidiness of the room, it is also for the common good.

Attractive Display

How to display merchandise aka displays has a big influence on the success of a boutique business. Make a neat and attractive display. Display must:

  • Make consumers feel at home,
  • Easy to find items,
  • Tempting, there are two tempting ways. First with a beautiful collection of new products. Second, with a tantalizing promotional price and too dear to miss.

Those are some tips that you can apply to be able to have a boutique business in a successful home. Hopefully, the article above can be an inspiration for you to make a business at home with Tips for Success in Running a Home Boutique Business.

Lists of Best Business Ideas for Animal Lovers

Being an animal lover does not mean that you cannot open or start some pet businesses. The best way to open up a business is by starting from something that you love. If you love food then you open a food business, if you love to travel then you open a travel business, and if you love animals then you open a pet business. For your information, there are so many households which at least have one animal or pet in their house nowadays. The most common pets should be cats or dogs but some households even have unique or exotic pets. With so many people raising pets at their home, this can be a huge chance for you to open up a business. If you are interested but you do not know what kind of pet business you should start, keep on reading this article.

Lists of Best Business Ideas for Animal Lovers

Pet Sitting

The first pet business which you can do is pet sitting. For your information, pet sitting is considered as the most popular pet business. The reason why pet sitting is so popular because almost all busy people need this kind of service. Usually, people with a busy schedule will bring their pets while they are going to work and drop them off your place. In another case, you can come to their home and take care of their pet until the owner comes back. In the second case, you can combine the pet sitting business with house sitting.

Dog Training or Obedience

We all know that dogs are animals which can be trained unlike cats but dogs can also lack obedience if the owner is too busy to train or discipline their dogs. If you are confident enough to train or discipline dogs, you can start or open a dog training business.

Pet Finding Business

The next pet business which you can do is this pet finding business. If you love to solve puzzles or problems or you wish to be a detective, then you can open up this pet finding business. Losing pets can really make the owner becomes crazy and will do anything to find their pets back. You can help them find their pet and you can get a lot of money.

Pet Grooming

One thing that the owner is too lazy to do it is grooming their pets. Not to mention if they have a busy life with no rest in it, they will likely rarely groom their pets. This is why pet grooming business is so popular among pet owners. You do the work like bath their pets, trim their pets’ nails, give their pets massage, and then you give the pet back to their owner. You get the money and the owner is happy.

Pet Café

The last pet business will be opening a pet café. Nowadays, many people love to go to cat café or dog café to rest their minds by playing with the cat and dog. This business is also not limited to cat or dog only. You can open other pet cafés with other animals.