Today’s most successful entrepreneurs like Mark Zuckerberg, Elon Musk and Bill Gates did not start their journey by being rich and famous. Most of them started from the very first step of the ladder. Facebook was created by its founders in a Harvard dorm room at a minimal cost. And most interestingly, Microsoft was formed two years after Gates decided to drop out of college.
As a budding entrepreneur, it is not mandatory to open a rich business first. One can also start with small ones too with a limited budget source. Here, we give you some smart business startups you can get started with your limited budget.
1) Breakfast Joint
The first thing that shutters our brains as soon as we get up early in the morning is what to have for today’s breakfast. Well, encash this and start a simple breakfast joint. This is because food as a commodity will always do well in the competitive market. All you need to do is get licensed from the respective authorities and rent a space. Remaining amount can be spent for buying groceries, raw materials as well as second-hand tables and chairs.
2) Tuition Centre
This is definitely one of the cost effective businesses to launch. You need zero starting investment. Most of the tuition teachers who are knowledgeable take classes in their own homes, thus eliminate any expenditure on rents. All you need to do is put in yourself as a tuition teacher and advertise yourselves on social media.
3) Mobile recharge shop
Even there are many online recharge platforms emerging now, there are still many who use the traditional way of visiting shops and getting their recharges done. So, you can start this business by renting a small shop and form ties with the network service providers like Airtel, Idea, Vodafone and note down their commission rates. Your overall cost will surely be lesser than 10 K.
4) Travel Agency
The travel industry is one of those businesses which witnessed a boom in the past few years. The cost-effective plan is to open a home based travel agency in a small part of your house by tying up with a host agency. You will certainly receive your benefits from the host. They can also help you earn higher commissions by keeping your costs low.
5) Fruit Juice Centre
Summer is on its way. Who would not like to relish with a glass of natural fruit juice? All you need to do initially is gain permission to open a kiosk near your place. Your costs include those of your raw materials, machines to make the juice and salaries of the employee(s) for preparing juices.
Well, get started with any of these simple ideas and do let us know in the comments section below if you have any other ideas of yours.
Different Types Of Chatbots And How To Use Them
If you were under the impression that there is only one kind of chatbot, then think again. Although the basic forms of chatbots are the ones used the most frequently, there are different types used for different scenarios. Chatbots use chat mediums and come in a series of types, each designed to benefit your business in the best possible way. If you are looking at the different types of chatbots best suited for your brand, then here’s our most preferred list!
1. NLP based chatbots
At its very core, chatbots show how artificial intelligence works. NLP chatbots go a step further from the generic chatbots in the sense that they use a combination of AI technology and Natural Language Processing (NLP.) By using a combination of these two forms, this type of chatbot identifies the intent of the use, classifies the messages and then gives answers depending on the language of the texts. In short, NLP chatbots help in creating a uniform communication between your brand and the customer.
2. Menu based chatbots
Similar to the automated menus on phones, these chatbots increase interaction and ensure that when you are looking for the answer, you dig deeper than you normally do. While they may be among the slower form of the chatbots, they help in answering 80% of the questions people usually ask. From helping you answer the basic form of questions to giving you the option of finding the right answers, these type of chatbots help in finding the exact answer for your question.
3. Keyword based chatbots
Unlike NLP and Menu based chatbots, Keyword based chatbots are extremely user friendly. By using a combination of customizable keywords and AI technology, these chatbots help determine the response which is best suited for the user. Faster and quicker to use than most chatbots, Keyword based chatbots also help in answering questions that basic chatbots don’t have the ability to.
4. Service/Action chatbots
The best way to describe service/action chatbots is by looking at how they work. By asking and collating data from the user asking the questions, these chatbots answer questions based on what people ask. These type of chatbots are best used by companies in the airline and clothing industry. Compared to the other type of chatbots, the service chatbots are tailor made to answer the users to the best of its abilities.
5. Context based chatbots
Of all the chatbots mentioned in the list, Context based chatbots are the most advanced. By using a combination of machine learning and artificial intelligence, these chatbots not only have meaningful conversations with users, they also remember previous conversations. For example, if you are trying to order pizza from a place you frequent, the chatbot remembers your address and also remembers the last order you made on the app. Using data and user based information is one of the biggest advantages of context based chatbots, giving users a complete experience of how the app works.
Chatbots are designed to improve the user’s experience with the app and help in making your experience with the store that much easier. If you think we missed out on any other chatbots like these, comment and let us know!
Apps To Help You Keep Track Of Your Tasks
There are apps that help you organise your life and then there are apps which make you organise your tasks so you never forget. We live in a world where technology is taking over our lives and with every new app, there are slim to no chances of you forgetting any of your tasks. Here is our list of apps that help to not only act as app organisers, but as alarm clocks as well!
Despite being around for a while now, Todoist has picked up popularity only in the last couple of years. From organising your tasks by colour coding them and helping you segregate the tasks in order of importance, Todoist is the app you need! Furthermore, with the feature of adding due dates to your tasks, this app gives you reminders on how long you have to finish your task. While it comes as a free service for the basic version, you can buy the app for $ 29 (a year’s subscription) if you want to use the premium version.
2. Smarter Time
In order to keep a track of what tasks you have, you need to know on what you spend your time the most. Smarter Time helps in keeping a track of your activities throughout the day. From organising your tasks for the day and filling in all the gaps on your task list, Smarter Time works on a regular basis. By analysing your day to day tasks and by looking at your regular day to day behaviour, this app helps in streamlining your processes. Also, if you want to streamline your day to day activities and balance your tasks, Smarter Time tells you how to change your schedule.
An extremely user friendly tool, ToodleDo helps organise and take care of all your tasks in one place. To make your life easier, the app lets you add sub tasks, additional notes, ratings on tasks, reminders and due dates for the functions you need to finish on priority. Not just created for handling tasks and making your note taking job easier, ToodleDo helps in tracking behaviours and understanding what works best, based on your daily routines. Get the app now to make your life hassle free and tension less!
4. To Do List
Designed with an appealing and easy to use interface, the To Do List app helps in organising and setting alarms for the tasks which need to be done on a priority basis. With giving you the option of controlling your tasks to giving you the option of setting voice reminders on your tasks, To Do List lets you sync all the data you need. Giving you the option of syncing your content with Google Tasks and manually setting reminders on the app, this app makes sure you never miss out on any of the important things on your list.
With a minimalistic and simple interface, the Wunderlist app helps in organising all your tasks with ease. However, don’t let the simple interface and design fool you. The more you discover the app, the more you see how much it has to offer. From letting you collaborate with other app users, to letting you attach PDFs and PPTs, the app simplifies the way you organise your tasks. Named as the best app for organising your tasks by Apple and Forbes, Wunderlist is what you need to ease the organisation process!
Designed for iOS platforms, OmniFocus is for those with a large number of tasks and projects going on at the same time. With specific colour codes for tasks which need immediate attention, to helping you keep a track of the different projects which have similar deadlines, the OmniFocus app is everything you need. Despite being priced at $ 79.99, the high price doesn’t act as a roadblock but acts in favour of the users!
While it is quite common for every phone to come up with its own helping tool, Cortana stands apart because of the kind of features it has. Particularly designed for those who work with Windows 10 or who have multiple side by side projects, Cortana can be used for taking notes, writing lists and for setting reminders. Enabled with AI, the app also helps you keep in touch with the latest news and major events of the world on a day to day basis.
If you keep forgetting to organise your tasks in a timely fashion and tend to miss deadlines regularly, then these apps are the ones you just need to get. If you think we missed out on any other apps like these, comment and let us know!
SEO Tools To Help Improve Your Business
Search Engine Optimization or SEO is one of the best ways to improve your website’s global rank. While there were only a few tools available to improve this particular ranking, there are more than a host of tools available to assess your rank. Here’s our list of SEO tools which are not only easy to use but also help in improving the rank of your page.
1. Google Search Console
Covering the various aspects of what search engine optimization entails, the Google Search Console is one of the perfect tools to help improve your website’s SEO. From finding the crawling mistakes made on your website, to pointing out when your website is affected by malware issues, this tool comes with more than just one benefit. If you are extremely concerned about your page’s search engine rank, then this tool is a definite must have for when it comes to improving your website’s rank! If you haven’t started using this tool, get on it now!
While GTMetrix works in very similar ways to the Google Search Console, it stands out with one major difference. By analyzing the keywords used on your website, it tells you what works for your site and what doesn’t. Further, one of the major advantages of the GTMetrix tool is that it helps improve your website’s speed. According to Google, one of the major ways to improve your website’s rank is by increasing its speed and in order to increase your website’s rank with the speed, this tool is almost a Godsent!
From doing a research on the kind of keywords which work for your website, to running audits on your website and to optimizing your landing page, the SEMrush tool is what your website needs. Further, not only does this tool help in improving your website’s packaging, it also helps in doing an analysis of the kind of keywords your competitors use. By helping you get an in depth analysis of all the keywords you use, the SEMrush tool helps in improving the quality of your content and in the kind of strategies you use while developing your website.
Giving you a collection of tools which help with domain research, email marketing and project management, Buzzstream helps in improving the kind of research you do for your website. Some of the key features for this tool include collecting data about the right keywords, what your competitors’ ranks are and finding the right social media tools for promoting your content. A comprehensive tool, Buzzstream helps in improving your content by leaps and bounds.
5. Moz Link Explorer
The Moz Link Explorer comes with not one, but two advantages. Apart from offering a software which optimizes your content, the Moz Link also runs a blog with comprehensive tips. While other tools find potential errors on your website, this tool helps in improving your website’s structure. Another important feature this tool analyses is how your backlinks improve your website’s rank. All in all, as a search engine optimisation tool, this helps your website make the necessary impact!
According to Google, one of the best ways to improve your website’s rank and standing is by adding as many backlinks on your website as possible. With this in mind, Linkody helps in keeping a track of the kind of impact backlinking has on your website’s performance. From finding out who is linking your website, to blocking your spam linkers and to generating reports for clients, Linkody is your guardian angel in disguise.
7. Adword Keyword Planner
With the development of online marketing, using Adwords as a means of promotion is considered a major factor. The key features of this tool include finding the search volume of the keyword you use, detailed reports for specific keywords and a keyword’s competitive factor in relation to cost per click (CPC.) While this is similar to other tools, what makes it stand out is the fact the tool is a comprehensive package coupled with the larger benefits.
8. Pro Rank Tracker
A cloud based keyword rank tracking and reporting solution, the Pro Rank Tracker is a free and easy to use tool. Some of the major advantages of this tool include finding information on the kind of keywords you use on your website and to improve their impact on your website. Not particularly tailormade for businesses of certain sizes, the Pro Rank Tracker helps in looking for specific keywords not just on your website, but for videos on YouTube and other channels as well.
With so many websites available, it is important to look at how to enhance the SEO of your website. While these are our favourite tools, we would like to know what yours are. Comment and let us know what tools you use the most!
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