Entrepreneurship Archives - OpenBusinessCouncil Directory

Metaverse, Data & Web 3.0: Braham Singh, CEO of BDx Data Centers & Author At Dinis Guarda YouTube Podcast

Hernaldo Turrillo — Wed, 05 Oct 2022 16:07:31 +0000

Braham Singh, CEO of BDx Data Center, is the new guest on Dinis Guarda’s YouTube Podcast series, in collaboration with openbusinesscouncil.org, citiesabc.com, and fashionabc.org. The two experts talk about the explosion of data in Web 3.0 and in the metaverse, and how data centres can ensure sustainability in the amount of energy consumed to manage this high volume of data.

With more than 30 years of experience in the telecom industry, content delivery networks, and cloud services, Braham Singh is a seasoned executive leader, bestselling author, and global thought leader.

The current CEO of BDx Data Centers, Dinis highlighted Braham Singh’s multicultural and international exposure. After being asked by Dinis, Braham elaborated that during his early years in India, he found his foothold in programming. He, then, moved to Hong Kong, Singapore, and the US. He was delighted to share BDx’s recent presence in Indonesia, where the company had established six data centres across the country.

And when the discussion steered to his arc of achievements and projects, the discussion turned into a masterclass in leadership. Braham dispensed some of the principles that are salient for everyone:

“Timing is everything. You need to find the right people and at the right time.” He explained that decisions and choices shape the future trajectory of a person. “I think everyone should be fired at least once. It brings a level of humility and invigorates you. It makes you almost a new person.”, added another point to this lesson.

More Interviews

James Zhang, CEO The Concept Art House – Games, Art And NFTs

Adam Hollander, Serial Entrepreneur, Pack Leader at Hungry Wolves – NFT, Gamification

Interview with Rishi Kapoor, Founder & CEO of paus.tv – The Revolutionary Streaming Platform For Independent Creators

Interview Kireet Khurana, Filmmaker & Creator Of Animation Film “Toonpur Ka Superhero” – Homelessness In India: The “Invisible Visible”

Pedro Gadanho – Architecture, Arts, Cities & Society – Former MoMA & MAAT Curator, Architect

Susan Oh, Future of AI, Blockchain; Blockchain For Impact Global Summit @ UN HQ, Top 10 Frontier Women in Digital

Balancing the multifaceted personality

Dinis was interested to know about Braham’s journey through various stages of his life. Commenting about his writer’s side, Braham told Dinis that he always found programming and writing follow parallel behaviour in terms of their structure and style.

“There has to be fanatical attention to detail while having the ability to look at a broader picture. The details of a plot are unforgivable. If the readers catch a mistake, they lose respect for you and the book.”, he emphasised.

The same thing, he said, translates to selling a product. He gives credit for his ability to close a deal properly to writing. “Writing has got huge dividends, and I would urge everyone to write. The ability to speak, convey ideas, and convey them on a paper is far more important than your degree. This is what I’ve learned in 30 years of my professional life,” he said.

Speaking about his idea of leadership, he says that every participant in a team is the driver of success. Hence, metaphorically explaining the importance of every member, he emphasised that it is the synergy that drives a project to success.

“We can’t divorce from any of these roles”, he concludes, highlighting that all these facets of personality go hand in hand and that one needs to make a choice to strike a balance between them.

Data centres in the metaverse and Web 3.0 era

The conversation, then, took a futuristic turn to discuss the state of data centres in the metaverse and Web 3.0. Both the experts agreed that the metaverse is a paradigm shift from URLs.

“When a technology explodes, you can’t control it. Internet…. Could anyone control it? But by and large, technology like the internet, nobody could control it. For a long time, before the internet became a video playground, almost 60% of the internet was pornography. Could anyone control it? If someone is thinking that the metaverse can be controlled, you’re kidding yourself. All you can do is scale, get yourself ready to scale with it,” Braham said.

Speaking about the problem that arises with the mushrooming of metaverses and the Web 3.0 space, he added:

“Where are we going to build? You are going to need a heck lot of data centres, far beyond what we are doing. It is not possible with the current technologies that govern power generation. It all burns down to power- powering those data centres is going to become so critical when the metaverse kicks in. You don’t have the power today, it’s just not there.”

Dinis, then, highlighted the ESG concerns like climate change and unsustainable power consumption. Speaking about carbon trading, Braham replied:

“We need to bring some credibility back into the carbon trade. The people who are connected through blockchain are working on it. We can’t do much about it until the human element is addressed.”

Taking a reference from their modus operandi to address problems, he added that all the pain points need to be digitalised to find a sustainable solution.

As the interview drew to a conclusion, both Dinis and Braham had so many lessons to take home and learn from each other.

About citiesabc.com
https://www.citiesabc.com/
https://twitter.com/citiesabc__

About openbusinesscouncil.org
https://www.openbusinesscouncil.org/

4IR: AI Blockchain Fintech IoT Reinventing a Nation by Dinis Guarda and Rais Hussin (4irbook.com)

Dinis Guarda citiesabc openbusinesscouncil Series is also available as podcast on:

Apple Podcasts: https://podcasts.apple.com/us/podcast/dinis-guarda-citiesabc-openbusinesscouncil-series/id1510330391

On Spotify: https://open.spotify.com/show/1vA8KaDaRpJ0mAfpNbfTSF?si=H_WngL4RSOyu1W7VAmM41w&dl_branch=1

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMDMyMzg4LnJzcw==

Amazon Music: https://music.amazon.com/podcasts/953a5156-823c-4e86-baeb-4fda1128e44c/DINIS-GUARDA-CITIESABC-OPENBUSINESSCOUNCIL-SERIES

Hernaldo Turrillo

Hernaldo Turrillo is a writer and author specialised in innovation, AI, DLT, SMEs, trading, investing and new trends in technology and business. He has been working for ztudium group since 2017. He is the editor of openbusinesscouncil.org, tradersdna.com, hedgethink.com, and writes regularly for intelligenthq.com, socialmediacouncil.eu. Hernaldo was born in Spain and finally settled in London, United Kingdom, after a few years of personal growth. Hernaldo finished his Journalism bachelor degree in the University of Seville, Spain, and began working as reporter in the newspaper, Europa Sur, writing about Politics and Society. He also worked as community manager and marketing advisor in Los Barrios, Spain. Innovation, technology, politics and economy are his main interests, with special focus on new trends and ethical projects. He enjoys finding himself getting lost in words, explaining what he understands from the world and helping others. Besides a journalist, he is also a thinker and proactive in digital transformation strategies. Knowledge and ideas have no limits.

The post Metaverse, Data & Web 3.0: Braham Singh, CEO of BDx Data Centers & Author At Dinis Guarda YouTube Podcast appeared first on OpenBusinessCouncil Directory.

Gaurav Singh, Founder of JPIN – Spiritual Economics And Sustainable Investments

Hernaldo Turrillo — Mon, 03 Oct 2022 09:13:26 +0000

Gaurav Singh is the Founder of JPIN, a startup investment banking platform. Gaurav is a versatile leader and a start-up mentor with over a decade’s experience in scaling companies across a wide array of sectors including education, consumer tech, aviation, manufacturing, energy, leisure, and healthcare.

Based in London, Gaurav has a Master’s degree in International Business from Robert Gordon University, Scotland. He is a business strategist, having extensive experience in serving businesses. Throughout his career, he has helped scale startups and advise Fortune500 companies like Thomson Reuters, 9Unicorns Global Fund, and Refinitv. He has managed financial intelligence ecosystems valuing over US$ 1 bn.

Gaurav Singh is a seasoned angel investor, building a diverse and robust global investment portfolio for large single-family offices and the UHNI (Ultra High Net Worth Individuals) community.

Gaurav is a recipient of various corporate awards. He was recently awarded the ESG Impact Award 2022 for Empowerment of Rural Communities by the Confederation of Empowerment Initiatives (CEI).

Beyond business, Gaurav’s philanthropic ideas urge him to be associated with JSK Come 4 Cure Charitable Foundation since 2009 as Chief Investment Officer. As he says, Gaurav is a spiritual individual and dedicates every weekend to teaching and mentoring students on entrepreneurship (as part of the Confederation of Empowerment Initiatives, CEI, which focuses on women’s education, empowerment, and rural upliftment.

Biography

Gaurav Singh is an experienced strategist, who uses his global network of PE, VC, uHNWIs, family offices, angel investors, and financial institutions to provide growth to new businesses.

An industry agnostic, Gaurav is able to provide his expertise in domains like education, real estate, aviation, manufacturing, healthcare, energy, infrastructure, leisure, and technology.

Gaurav Singh is the Founder of JPIN, World’s Most Trusted Startup Investment Banking platform, connecting investors to emerging markets- India, Africa, the US, Europe, the Middle East, Israel, Singapore, and Latin America.

With a portfolio worth around $2.3 billion, the company is extremely proud to have helped facilitate and deliver two Unicorns in the last two years through Global Capital and Consumer Markets.

Gaurav has a Master’s degree in International Business from Robert Gordon University, Scotland, and is currently based in London. He is an adept business strategist, having a rich experience in serving businesses from scaling between startups and Fortune500 companies like Thomson Reuters, 9Unicorns Global Fund, and Refinitv.

With his expertise, Gaurav is focusing on building robust corridors of critical technology and capital between Indian markets and global ones. These superhighways are meant to establish ecosystems to uplift Tier 2-6 cities, delivering a significant social impact.

Gaurav was recently awarded the ESG Impact Award 2022 for Empowerment of Rural Communities by the Confederation of Empowerment Initiatives (CEI).

Besides being an exceptional leader and a businessman, Gaurav is a philanthropist and is involved in charitable foundations and mentoring startups and entrepreneurs.

Vision

With a vision to enable entrepreneurs to become global giants, Gaurav has a penchant for impact-driven investments, supporting sustainable startups that are shaping the future.

As a spiritual individual, he helps build businesses that are backed by good ethos and values and also trains/mentors young minds onto the trajectory towards global leadership.

Recognition

Gaurav is a recipient of various corporate awards, recognizing his leadership skills and contribution to the business’s growth achievement. He was recently awarded the ESG Impact Award 2022 for Empowerment of Rural Communities by the Confederation of Empowerment Initiatives (CEI).

References

https://uk.linkedin.com/in/gaurav-singh-43a978105

https://www.themarque.com/profile/gaurav-singh

https://www.bloomberg.com/profile/person/22608599

https://www.crunchbase.com/person/gaurav-singh-50cd

https://techround.co.uk/interviews/chat-with-ceo-founder-jpin/

https://www.ynos.in/angel-investor/gaurav-singh-902112

https://ukbaa.org.uk/blog/2021/03/30/a-passage-to-india-jpin-venture-catalysts-on-how-theyre-helping-uk-start-ups-capitalise-on-indias-potential/

https://www.biznesstransform.com/jpin-vcats-partners-with-global-cio-forum-to-bring-it-decision-makers-into-indian-uk-startups/

https://www.envestors.co.uk/jpin-joins-envestors/

https://www.openbusinesscouncil.org/uk-launches-parliamentary-panel-to-bridge-trade-and-investment-ties-with-india/

https://economictimes.indiatimes.com/small-biz/sme-sector/jpin-launches-cleantech-pitch-day-with-collective-fundraise-quantum-of-50-million/articleshow/90436231.cms?from=mdr

https://www.jpin.co/about-us/

About JPIN

With over ten years of experience in providing transaction advisory services for early-stage businesses, JPIN is a leading startup investment bank with key expertise in facilitating cross-border startup investments between the UK and the world’s leading emerging markets. With a significant presence in Europe, Asia, and the Middle East, JPIN is a global network of over 2000 investors made of corporates, family offices, PE-VC firms, angel networks, industry bodies, and governments.

The company is dedicated to uplifting the impact of audiences globally – currently, six billion people worldwide are hungry for modernization, education, and a better lifestyle, and navigating different countries for capital and growth can be a nightmare for startups, traversing the dynamics and multicultural nature of the global market scenarios.

The primary aim of JPIN is to invest in tech startups and provide financial and industry support, ultimately helping these businesses scale up from Pre-Series A through to the IPO stage. With a portfolio worth around $2.3 billion, the company is extremely proud to have helped facilitate and deliver two Unicorns in the last two years through Global Capital and Consumer Markets.

Hernaldo Turrillo

The post Gaurav Singh, Founder of JPIN – Spiritual Economics And Sustainable Investments appeared first on OpenBusinessCouncil Directory.

CEO Of HashCase, Taaha Nizam, Speaks With Dinis Guarda On The Need To Bridge Web 2.0 and Web 3.0 Experiences

Hernaldo Turrillo — Thu, 22 Sep 2022 08:05:06 +0000

Taaha Nizam, CEO of HashCase and creator of 40 NFT collections, features at the latest episode of Dinis Guarda YouTube Podcast series, powered by openbusinesscouncil.org, fashionabc.org, and citiesabc.com to discuss how NFTs are opening the gates to overall Web 3.0 experience.

Taaha Nizam, a young entrepreneur, engineer, and technologist, is the Founder and CEO of HashCase, a platform that creates, launches, and distributes digital assets to a non-web 3.0 audience.

Inspired by Taaha’s achievements at a young age, Dinis asked him to reveal the journey that led him to establish HashCase. Taaha told him that his parents were law attorneys, and had their own law firm. This gave him the confidence to venture into the world of technology right after his graduation in Engineering from a prestigious college in India.

He told Dinis that he, along with a group of friends, created a community of people who would engage, interact, and collaborate to create NFT collections during its early days, in 2017. Recounting his days at one of the largest blockchain firms in Hong Kong, Taaha learned about the limitations of Ethereum blockchain, and the advantages that platforms like Polygon offered. As his interest grew in technology, and he started building his network, he got all the help along his course to laying the foundations of the present-day HashCase.

“That was my first area in Web 3.0, on the NFT side of things. Then as we’ve been building our network, we created an incubator for many NFTS.”, said Taaha. Today, he is the creator of 40 NFT collections.

More Interviews

James Zhang, CEO The Concept Art House – Games, Art And NFTs

Adam Hollander, Serial Entrepreneur, Pack Leader at Hungry Wolves – NFT, Gamification

Interview with Rishi Kapoor, Founder & CEO of paus.tv – The Revolutionary Streaming Platform For Independent Creators

Interview Kireet Khurana, Filmmaker & Creator Of Animation Film “Toonpur Ka Superhero” – Homelessness In India: The “Invisible Visible”

Pedro Gadanho – Architecture, Arts, Cities & Society – Former MoMA & MAAT Curator, Architect

Susan Oh, Future of AI, Blockchain; Blockchain For Impact Global Summit @ UN HQ, Top 10 Frontier Women in Digital

Creating a novel custodial wallet solution

Finding an edge at the emerging frontier of blockchain and NFT technology, Taaha founded HashCase in 2021 to allow users to access their NFTs without ever having to create a Web 3.0 account.

During the interview, Dinis wanted to scrape the surface, and unearth the layers that created this unique platform.

“From the beginning, we started to understand that NFTs make sense if there is some utility associated with them. But, there is still one problem that is not solved: its distribution. So, your average consumer who might want to use an NFT does not have the means of accessing the NFT without having access and onboarding on the whole Web 3.0. that according to me is a design flaw. Because web 3.0 is simply a protocol, and the concepts like play-to-earn, tokens, metaverse, and NFTs are concepts that have always existed. But their existence does not guarantee the entry of users to Web 3.0. So, there was clearly something to be done for the consumers who want to engage with NFTs but do not want to jump to all the dimensions of Web 3.0 just yet.”, said Taaha, explaining the need to create HashCase.

Dinis was interested to know how HashCase is progressing towards creating solutions for the metaverse. Taaha told him that while the metaverse is an inevitable reality of our times, improvements in terms of bandwidth and technology are making it more real with time. Explaining the role of NFTs in this space, Taaha said:

“At the end of the day, you need assets to store and hold that need to be light-weight, can confirm to certain standards, and that is platform(s)-compatible. NFT could be that one common standard that is applicable across places, and that is easy to shift around. It unlocks all the experiences the moment you enter a metaverse, but it need not be necessarily present in Web 3.0. To make sure we are able to withhold such proof of ownership and authenticity, HashCase offers custodial wallet solutions”.

Tech Ecosystem in the Indian Economy

Sharing facts with statistical data, Dinis was interested to know the status of tech ecosystems being built in Indian as well as global economies.

“Fortunately, the builders are in a much better situation than the speculators and the investors. while people need to understand these novel concepts like blockchain, metaverse and Web 3.0, the regulators also need to grasp these to be able to lay down the framework. This all is going to take a little bit of time and education. Influencers and leaders have taking the forefront to give it a direction. The overall enthusiasm and response to understanding the fundamentals and their application has been encouraging.”, he concluded.

About citiesabc.com
https://www.citiesabc.com/
https://twitter.com/citiesabc__

About openbusinesscouncil.org
https://www.openbusinesscouncil.org/

4IR: AI Blockchain Fintech IoT Reinventing a Nation by Dinis Guarda and Rais Hussin (4irbook.com)

Dinis Guarda citiesabc openbusinesscouncil Series is also available as podcast on:

Apple Podcasts: https://podcasts.apple.com/us/podcast/dinis-guarda-citiesabc-openbusinesscouncil-series/id1510330391

On Spotify: https://open.spotify.com/show/1vA8KaDaRpJ0mAfpNbfTSF?si=H_WngL4RSOyu1W7VAmM41w&dl_branch=1

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMDMyMzg4LnJzcw==

Amazon Music: https://music.amazon.com/podcasts/953a5156-823c-4e86-baeb-4fda1128e44c/DINIS-GUARDA-CITIESABC-OPENBUSINESSCOUNCIL-SERIES

Hernaldo Turrillo

The post CEO Of HashCase, Taaha Nizam, Speaks With Dinis Guarda On The Need To Bridge Web 2.0 and Web 3.0 Experiences appeared first on OpenBusinessCouncil Directory.

CEO Of Himalaya Exchange, Jesse Brown, With Hilton Supra: Financial Freedom And Data Ownership

Hernaldo Turrillo — Wed, 31 Aug 2022 21:17:26 +0000

Jesse Brown, CEO of Himalaya Exchange, features in the latest episode of Dinis Guarda YouTube Podcast with Hilton Supra, Vice Chairman of Ztudium Group, in partnership with citiesabc.com, fashionabc.org, and openbsuinesscouncil.org. The two discuss the power and scope of blockchain and decentralised platforms in ensuring robust solutions for everyone.

A highly accomplished FinTech leader and an executive with more than a decade’s experience in driving innovative crypto infrastructure solutions and products, Jesse Brown is currently serving as a CEO at Himalaya Exchange, the world’s first true crypto ecosystem that empowers consumers with its unique products and solutions. Hilton interviews him to unearth the layers of wisdom that make him the leader in its true sense.

At the beginning of the interview, Jesse tells Hilton that he was inclined towards data security and ownership from his days as Azure Advisor at Microsoft. He gradually learned the intriguing concepts of blockchain and decentralisation when it was still in its infancy.

He also told Hilton that as the first blockchain consultant at Ford Motor Company, he enjoyed innovating the use cases of blockchain technology. “There was a lot of work with silo, databases, use cases for blockchain, tidal registration, paying to travel down the highway. It was really the first time I was really taking the knowledge I had gained about blockchain and putting it to use in institutional space.”, he recalled.

More Interviews

James Zhang, CEO The Concept Art House – Games, Art And NFTs

Adam Hollander, Serial Entrepreneur, Pack Leader at Hungry Wolves – NFT, Gamification

Interview with Rishi Kapoor, Founder & CEO of paus.tv – The Revolutionary Streaming Platform For Independent Creators

Interview Kireet Khurana, Filmmaker & Creator Of Animation Film “Toonpur Ka Superhero” – Homelessness In India: The “Invisible Visible”

Pedro Gadanho – Architecture, Arts, Cities & Society – Former MoMA & MAAT Curator, Architect

Susan Oh, Future of AI, Blockchain; Blockchain For Impact Global Summit @ UN HQ, Top 10 Frontier Women in Digital

Blockchain harnesses the true power of data

Jesse related to Hilton when the world started unearthing the true power that lay in data. He told him that blockchain use cases started capitalising on data by fragmenting it into bits and earning profits from those fragments.

“It all just made sense because we broke it up where you could buy literal bits of data, they were just prevalent to what you wanted. The distributor is comfortable because they are only selling this bit, they are not giving away their whole huge data set to anyone. They are getting paid right away which is much better.”, he added.

Understanding the essence of data and identity, Hilton asked Jesse about ways where these could be secured in spaces like web 3.0 and the metaverse. He explained that like transactions are monitored in the blockchain space, identities can also be monitored in metaverses. He emphasised the idea of securing digital identities to prevent any harm to individuals or their privacy.

Himalaya Exchange: Giving the power back to the consumers and redefining cryptocurrency

Steering the interview to Himalaya Exchange, Hilton was interested to know the course that led Jesse to his current position. Jesse told him that since the platform envisioned to build an ecosystem that scales in parallel lines to the evolving regulatory and compliant environment across the world.

“With domicile in a variety of products like the Himalaya Dollar, Himalaya Exchange, and Himalaya Pay, we are pretty global in licenses across the world, particularly in the Asian subcontinent.”, he said.

Offering unique facilities for financial and wealth preservation, Jesse told Hilton that Himalaya Exchange provides real incentives from failing fiat currencies in the form of their stablecoin, Himalaya Dollar. “With real-time attestation facilities, we empower our coin with the ability to be tracked, something that you can’t do in traditional finance. So, there is a lot of ways we are making things more transparent.”, he added.

He also explained to Hilton about the decentralised finance models that Himalaya Exchange is currently targeting. Concluding an interesting dialogue, Jesse expanded on the exchange’s long-term goals to become one of the top exchanges in the world, trading larger volumes and more pairs on it.

“Our mission is to provide financial freedom and ability to people to own their assets and control their own money. So, we are trying to reach out to people who are disenfranchised and have no access to financial institutions or even the internet. That’s an area where there is a lot of opportunity for us.”, he concluded.

About citiesabc.com
https://www.citiesabc.com/
https://twitter.com/citiesabc__

About openbusinesscouncil.org
https://www.openbusinesscouncil.org/

4IR: AI Blockchain Fintech IoT Reinventing a Nation by Dinis Guarda and Rais Hussin (4irbook.com)

Dinis Guarda citiesabc openbusinesscouncil Series is also available as podcast on:

Apple Podcasts: https://podcasts.apple.com/us/podcast/dinis-guarda-citiesabc-openbusinesscouncil-series/id1510330391

On Spotify: https://open.spotify.com/show/1vA8KaDaRpJ0mAfpNbfTSF?si=H_WngL4RSOyu1W7VAmM41w&dl_branch=1

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMDMyMzg4LnJzcw==

Amazon Music: https://music.amazon.com/podcasts/953a5156-823c-4e86-baeb-4fda1128e44c/DINIS-GUARDA-CITIESABC-OPENBUSINESSCOUNCIL-SERIES

Hernaldo Turrillo

The post CEO Of Himalaya Exchange, Jesse Brown, With Hilton Supra: Financial Freedom And Data Ownership appeared first on OpenBusinessCouncil Directory.

How to Start a Food Delivery Business in 7 Steps

Hernaldo Turrillo — Wed, 24 Aug 2022 08:51:01 +0000

The demand for takeout and on-time food delivery has increased in recent years. Customers want convenience and speed when ordering online and you can start a food delivery business that meets the demands. Most food delivery businesses saw a significant revenue increase during their growth and it’s expected that the market CAGR is around 10% from 2021 – 2025.

How to Start a Food Delivery Business in 7 Steps

Do Research and Re-search!

First, you need to conduct a market study to determine if your business will succeed in the area or not. It is crucial when building a business to conduct market research in order to ensure success and eliminate risks. You need to choose a reliable location to start your business after you have chosen the right region.

The first step in leading your company to success is to conduct market research and competitor analysis. Market research is crucial for writing an optimized business plan. During market research, you have a chance to understand customer demands, the popular foods in the region, and the strategies your competitors are using at the moment.

Write Your Business Plan

A good business plan outlines all your objectives and plans along with the methods to reach them. A business plan is a crucial part of establishing profitable businesses that make sense. The majority of investors look at your business plan and read it carefully in order to spot the differences and competitive advantages you offer over other businesses.

A well-defined plan explains your business in a few parts and usually starts with the executive summary section. You could describe your company then in the second section and then go for clearing up your business objectives and goals in the 3rd section. Your audiences like to read about the list of products and services in the business plan and you need to explain the marketing and sales plan in the document.

A detailed plan helps you understand where your business is and what efforts are needed to improve products and services.

Calculate the Required Costs and Get Funding

To start a business, you need to spend some money on covering essential costs and preparing the equipment needed. Equipment costs can take anywhere from $10,000 to $100,000 depending on the size of your business. Other costs include employee recruitment expenses, taxes, incorporation costs, and technology costs that may vary according to the type of your business.

All in all, it does take up to $100,000 to start a food delivery startup, including all expenses required for employees, equipment, and marketing.

Register Your Business and Apply for Licenses

After planning for funding and calculating necessary costs, it’s time to register your business name and structure legally. Protecting your brand means you are on your path to success and you can now apply for licenses with peace of mind. You will need to get food delivery licenses depending on the type of the food delivery business and the region you’re performing the job in.
Obtaining the licenses such as the food-vending license means you can operate legally. A general business license will be needed that you can apply for and get within a few weeks.

Establish Your Business

Starting a food delivery business can be daunting. But, there is no doubt to inaugurate the food delivery business if you have a good plan. Human resources could take some time at first, but there are many professionals you can hire if you have a persistent mindset and a good human resource plan.

Hiring the best employees depends on your strategy and it’s a matter of time in many cases. You will need to define the required job positions, job descriptions, and salaries so there are many recruitment websites to post your job opening.

Starting work in the delivery region is an opportunity to gain hands-on experience and resolve challenges along the way. After establishing your business, you will know how many drivers and vehicles are needed to provide on-time services.

Monitor the Results

There is always a need to monitor the results and optimize processes. Monitoring the results and checking daily or weekly reports help you restructure the daily workflow if needed. Optimization is the key to providing the best services for customers. You have to scrutinize the results if you want to be ahead of the curve.

By monitoring and optimizing, you can deliver a good service so that you are able to get more customers and retain your current customers.

What About Marketing Plans

A marketing plan integrated with modern approaches gives you a hand to increase sales and improve customer loyalty. A marketing plan may have different parts that lay out which marketing efforts could provide more customers.

You may need to get started with small marketing steps after establishing your food delivery business. But, there is a wide range of marketing practices and channels available, including website marketing, paid ads, and social media ads after a few months of business establishment.

Is Food Delivery Business Worth the Time and Effort?

A food delivery business is one of the most profitable business models, but you need to choose the right location and deliver high-quality services. Starting a food delivery business costs less than $50,000 for a small-sized business and there is a good opportunity as orders are growing over time. Customers are always willing to have healthy foods delivered with instant and online ordering systems.

Quality is an essential metric, but delivery time is also crucial. You will need to make use of mobile technologies and applications to offer on-time food delivery, helping your customers get their favourite dishes in a few minutes.

Wrap Up

Starting a food delivery business does not cost much money, so you can establish your brand by taking a few steps. Market research and cost calculations are the most important points to achieving a successful and profitable food delivery business. It always takes time to improve your services and give customers convenience for ordering fast delivery foods.

Hernaldo Turrillo

The post How to Start a Food Delivery Business in 7 Steps appeared first on OpenBusinessCouncil Directory.

SMEs And The Price Rise Conundrum: Metro Bank Offers Guidance For Small Businesses

Hernaldo Turrillo — Mon, 22 Aug 2022 19:29:09 +0000

Everyone is being affected by rising costs and there is no sign of a slowdown. For small business owners, the conundrum is real: how to manage growing expenses without losing customer loyalty?

SMEs And The Price Rise Conundrum: Metro Bank Offers Guidance For Small Businesses

Every business will be different and there is no one-size-fits-all solution, but there may be some things you can do to lighten the load. Ian Walters, Managing Director – Distribution, at Metro Bank, offers tips on handling cost increases.
1. Be transparent: People may be expecting prices to rise; it won’t be a surprise to many customers. Communicate on social media channels; write on a blackboard in-store; personalise point of sale, but be really clear and transparent about the changes you are making and why you have to make them.

2. Be honest and trade on loyalty: Loyalty is bred through the relationships you’ve created, so nurture the trust that comes with it. Be honest about the challenges you are facing and try to counter with a loyalty bonus if possible.

3. Quality: Be careful not to compromise your USPs by cutting costs in the wrong places. For example, depending on the type of business, you might be able to consider creating smaller products at the same standard, rather than compromising on quality. Maintaining expectations of service and standards will reap rewards.

4. Seek help: Do not lie awake worrying. There is help and guidance available. We also have business managers available in our stores and customer service staff available seven days a week; so, don’t lie there fretting at 3 am. Come into the store and see your local business manager for a chat.

Ian Walters commented:

“At Metro Bank, we specialise in nurturing small businesses and providing tailored support. We recognise this is a time when flexibility is needed to help our customers navigate the current climate. Straight-talking, easy banking has never been more important. Dedicated Local Business Managers are on hand within our communities to help our customers wherever they can.”

About Metro Bank

Metro Bank services 2.6 million customer accounts and is celebrated for its exceptional customer experience. It is the highest-rated high street bank for overall service quality and the best bank for service in-store for personal customers, in the Competition and Market Authority’s Service Quality Survey in August 2022.

This year it has been awarded “Best Mortgage Provider of the Year” in 2022 MoneyAge Mortgage Awards, “Best Business Credit Card” in 2022 Moneynet Personal Finance Awards and “Best Current Account for Overseas Use” by Forbes 2022. It was “Banking Brand of The Year” at the Moneynet Personal Finance Awards 2021 and received the Gold Award in the Armed Forces Covenant’s Employer Recognition Scheme 2021.

Hernaldo Turrillo

The post SMEs And The Price Rise Conundrum: Metro Bank Offers Guidance For Small Businesses appeared first on OpenBusinessCouncil Directory.

New Podcast: Felix Xu and The Future Of Blockchain And DeFi At citiesabc & openbusinesscouncil podcast series

Hernaldo Turrillo — Thu, 04 Aug 2022 16:26:38 +0000

Felix Xu is Co-Founder and CEO of ARPA, Bella Protocol was the guest of the first-ever Citiesabc podcast with Hilton Supra, powered by citiesabc.com, openbusinesscouncil.org and fashionabc.org. He explains the technicalities behind his companies, the importance of Blockchain and DeFi in the current world, and how these technologies can be improved.

Felix Xu graduated with Finance, and Information Systems degrees from New York University, which is known for its Computer Science and AI research. For the past 6 years, Felix has been working on venture capital investment in Fintech, big data and AI startups. Most recently he led blockchain sector research and early-stage investment at Fosun Group, one of the largest conglomerates in China. He is also the Co-Founder and CEO of ARPA, Bella Protocol.

Felix Xu’s views on scalability

During the interview, Xu describes scalability as the ability of a system to handle increased load or traffic. In the context of blockchains, it is the ability to process more transactions per second (TPS) in order to meet the growing demands of users, something that layer 1 networks really struggle with.

Why is scaling such a problem?

“The two most obvious examples of a Layer 1 network are Bitcoin and Ethereum. These blockchains are base networks – they handle every aspect of every transaction on-chain and without assistance from any other network.

But this makes transactions on those blockchains extremely heavy and slow – every single new transaction needs to be validated by the network; then, before a new block is added to the chain, it requires to be checked against the entire history of the network. There are no shortcuts in layer 1 blockchains.”

More Interviews

James Zhang, CEO The Concept Art House – Games, Art And NFTs

Adam Hollander, Serial Entrepreneur, Pack Leader at Hungry Wolves – NFT, Gamification

Interview with Rishi Kapoor, Founder & CEO of paus.tv – The Revolutionary Streaming Platform For Independent Creators

Interview Kireet Khurana, Filmmaker & Creator Of Animation Film “Toonpur Ka Superhero” – Homelessness In India: The “Invisible Visible”

Pedro Gadanho – Architecture, Arts, Cities & Society – Former MoMA & MAAT Curator, Architect

Susan Oh, Future of AI, Blockchain; Blockchain For Impact Global Summit @ UN HQ, Top 10 Frontier Women in Digital

The importance of Layer 2

Xu also touches upon the importance of Layer 2. Layer 2 blockchains are so-called because they sit as a second layer on top of a base mainnet.

“Layer 2 chains are designed to enable more transactions per second to be processed, and they achieve this by doing something novel – they move transactions off of the heavy mainnet. Different layer 2 solutions achieve this in slightly different ways, but the objective is always the same: streamlining the amount of information that needs to be validated by cumbersome underlying blockchain.

There is a multitude of layer 2 solutions currently being used with different blockchains, but for simplicity, let’s look at one of the most well-known, to better understand how it works.”

About ARPA

In fact, ARPA is a blockchain-based layer 2 solution for privacy-preserving computation, enabled by Multi-Party Computation (“MPC”). Founded in April 2018, the goal of ARPA is to separate data utility from ownership and enable data renting. ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyse data and extract data synergies while keeping each party’s data input private and secure.

As Xu explains:

“We propose a blockchain-based secure computation network of Multi-party Computation (MPC). ARPA cryptographically enables private smart contract, unprecedented data-at-use privacy protection, as well as scalable computational sharding ARPA network is flexible, easy-to-use, and compatible with existing blockchains such as Ethereum and EOS. Let’s rethink blockchain for the real world”.

About Bella Protocol

Bella Protocol is an aggregated user interface for existing Decentralized Finance (DeFi) protocols. It aims to simplify the user experience of existing DeFi protocols and allow users to deploy their assets and earn yield with ease.

“Our protocol aims to create a better user experience by eliminating the high fee and slow transaction issues that can affect some blockchain platforms like Ethereum while simultaneously improving the user experience through its simplified DeFi smart portal.

Bella’s smart pool feature allows users to access the best yields available in the DeFi market while benefiting from nearly zero gas fees since these are directly subsidized by the platform. The project launched in September 2020 as the first project distributed via Binance’s Launchpool platform, and has secured investments from several prominent firms, including Arrington XRP Capital and Ledger Capital.”

About citiesabc.com
https://www.citiesabc.com/
https://twitter.com/citiesabc__

About openbusinesscouncil.org
https://www.openbusinesscouncil.org/

4IR: AI Blockchain Fintech IoT Reinventing a Nation by Dinis Guarda and Rais Hussin (4irbook.com)

Dinis Guarda citiesabc openbusinesscouncil Series is also available as podcast on

Apple Podcasts: https://podcasts.apple.com/us/podcast/dinis-guarda-citiesabc-openbusinesscouncil-series/id1510330391

On Spotify: https://open.spotify.com/show/1vA8KaDaRpJ0mAfpNbfTSF?si=H_WngL4RSOyu1W7VAmM41w&dl_branch=1

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMDMyMzg4LnJzcw==

Amazon Music: https://music.amazon.com/podcasts/953a5156-823c-4e86-baeb-4fda1128e44c/DINIS-GUARDA-CITIESABC-OPENBUSINESSCOUNCIL-SERIES

Hernaldo Turrillo

The post New Podcast: Felix Xu and The Future Of Blockchain And DeFi At citiesabc & openbusinesscouncil podcast series appeared first on OpenBusinessCouncil Directory.

Utilising The Resources That Web 3.0 Offers For Building A Thriving Creator Community: Jason Michael Primrose On Dinis Guarda YouTube Podcast

Hernaldo Turrillo — Fri, 29 Jul 2022 17:36:23 +0000

Jason Michael Primrose, the author of the Lost Children of Andromeda series and the founder of Cluster Chronicles, was the guest at the latest episode of Dinis Guarda YouTube podcast series, powered by citiesabc.com and openbusinesscouncil.org. He enlightens the audience with his journey from writing a sci-fi series to utilizing Web 3.0 and NFTs to build a thriving community.

Jason is a serial entrepreneur, writer, storyteller, creator, and strategist. Being from a family of literature, poetry, and prose, Jason was magnetized to the world of storytelling from his tender years. He worked twelve hard years of consulting in brand, creative, experiential, and influencer marketing building up skills that nurtured his brainchild “The Lost Children of Andromeda”.

Sharing with Dinis about his experiences during his early professional years, Jason said that the analytical tools in Web 3.0 are a beneficial resource that facilitates great things to happen within the creator economy, a feature that was lacking in the earlier versions of marketing and the internet.

Explaining it further, he said that it all starts with creativity. According to him, passion is the driver, “I think it’s the ideas and the imagination that flows the desire, or the capacity to be the business part. Because, let’s be honest, if I was doing business about something that I wasn’t passionate about, I wouldn’t be good at it. So, because I’m passionate about the story, I’m going to figure out the business.”

“Web 3.0 is a medium just like television, films, and podcast”, he told Dinis, “but NFTs are the special keys for storytelling and engagement. I mean, that’s how we use technology.”

More Interviews

James Zhang, CEO The Concept Art House – Games, Art And NFTs

Adam Hollander, Serial Entrepreneur, Pack Leader at Hungry Wolves – NFT, Gamification

Interview with Rishi Kapoor, Founder & CEO of paus.tv – The Revolutionary Streaming Platform For Independent Creators

Interview Kireet Khurana, Filmmaker & Creator Of Animation Film “Toonpur Ka Superhero” – Homelessness In India: The “Invisible Visible”

Pedro Gadanho – Architecture, Arts, Cities & Society – Former MoMA & MAAT Curator, Architect

Susan Oh, Future of AI, Blockchain; Blockchain For Impact Global Summit @ UN HQ, Top 10 Frontier Women in Digital

Empowering the creators with NFT drops

Being an influencer and an expert in Web 3.0, NFTs, and Metaverse himself, Dinis was interested to know how Jason strategized the NFT drops for his series. Jason told him that he took elements of the book, like the main technology and the novels, and released those NFTs as CYNQUE Prototypes on OpenSea. These technological devices give users access to the world of The Lost Children of Andromeda.

“They give you voting rights for future novels, you can decide what photos go in there, you can decide on book coverage, they give you access to future characters that haven’t been released yet, it gives you access to artifacts which help you to build a wall around your character, and then you can also earn the world’s digital tokens that everyone uses in the story, and we wanted to give you the opportunity to earn that, and they can use it to buy more artifacts, other characters, future merchandise. So, we really tried to build this gamified literature ecosystem that started with these NFT drops.”, he highlighted.

He emphasized that the original strategy is to bring the users a read-to-earn experience. “The whole vision”, Jason told Dinis, “is to basically re-instil imagination in people. When people come into The Lost Children of Andromeda, they are reminded that they can tell stories, and so all the things we do to earn peace, allow you to read the novel and learn parts of the story. Like the artifacts, like the currency, everything like that.”

Contributing to building a sustainable creator community

Having a background experience in Influencer and experiential marketing, Jason esteems a sustainable community, where he contributes with his mentorship, support, and collaboration. He told Dinis that he believes in sharing really powerful content and being of service to the community. He highlighted that he was personally involved in the back-channel to facilitate a variety of content creators- artists, writers, musicians, and many more. Although he did not build very large communities, he said, small and loyal communities yielded a lot of value out of their engagements and conversations.

Sharing his experiences, Jason said, “When it comes to community, it’s really like what do they need. If you want to make music for your characters, instead of writing short stories, go ahead. How do we allow our people, that’s what our community is for. So that people can have fun again, can use their imagination again and break out from mundane day-to-day life.”

Sharing his future plans, Jason says he is persistent about building a community that is sustainable and has longevity. Focussed on a vision to achieve wider distribution, Jason is phasing out the NFT project for better penetration, so much so, he says, that it becomes a community-built franchise.

Weighing the options where the project could evolve, Jason is focused on giving ownership to his creator community.

“Whatever we grow into, people know that they were actually a part of the building of the Intellectual Property, and the assets that they have are going to increase the value because they were a part of the building of it because they were loyal because they stuck around because they shared because they participated. So, it’s like how do we all grow together, where people are getting back value for what they put in and they use their creativity at the same time.”, he concluded.

Call for action

Lostchildren.xyz has a lot of information about NFTs and the NFT roadmap. It is very web 3.0 centric and looks like a game.

Lost Children of Andromeda on Instagram is where you can find Jason’s personal storytelling journey

LCOA 2050 on Twitter, where it is like Web 3.0 mixed with the book, a holistic platform sharing both sides of that journey

Join the Discord, it’s very fun. They have an onboarding game where you choose yourself, your power, your position. There is a game that takes you to the end of the world. They have more games coming.

You can also read the book for free on medium. They are realising chapter-wise so you can have a chapter every week.

About citiesabc.com
https://www.citiesabc.com/
https://twitter.com/citiesabc__

About openbusinesscouncil.org
https://www.openbusinesscouncil.org/

4IR: AI Blockchain Fintech IoT Reinventing a Nation by Dinis Guarda and Rais Hussin (4irbook.com)

Dinis Guarda citiesabc openbusinesscouncil Series is also available as podcast on

Apple Podcasts: https://podcasts.apple.com/us/podcast/dinis-guarda-citiesabc-openbusinesscouncil-series/id1510330391

On Spotify: https://open.spotify.com/show/1vA8KaDaRpJ0mAfpNbfTSF?si=H_WngL4RSOyu1W7VAmM41w&dl_branch=1

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMDMyMzg4LnJzcw==

Amazon Music: https://music.amazon.com/podcasts/953a5156-823c-4e86-baeb-4fda1128e44c/DINIS-GUARDA-CITIESABC-OPENBUSINESSCOUNCIL-SERIES

Hernaldo Turrillo

The post Utilising The Resources That Web 3.0 Offers For Building A Thriving Creator Community: Jason Michael Primrose On Dinis Guarda YouTube Podcast appeared first on OpenBusinessCouncil Directory.

Co-Founder Of The Art Talks, Carolina Conforti, On Dinis Guarda YouTube Podcast: Building A Healthy Art Ecosystem For Web 3.0

Hernaldo Turrillo — Tue, 21 Jun 2022 14:48:36 +0000

Artist and Co-Founder of the Art Talks brand, Carolina Conforti, is the guest on the latest episode of Dinis Guarda YouTube Podcast, powered by citiesabc and openbuisnesscouncil. Dinis and Carolina discuss how art is an integral part of human society, and how new digital solutions can transform it to become a huge opportunity for budding artists using digital platforms.

Carolina Conforti is an artist and the co-founder of the Art Talks, a brand designed to highlight the wonderful enthusiasm and creativity that makes up the essence of the ‘art ecosystem’. She told Dinis that it was during her childhood itself that she found her connection to the world of art and began her career in ancient drawing.

Working as an intern at old master galleries, she gained an immense wealth of knowledge at The Louvre, Paris, The Sotheby’s, and The Christie’s, amongst others. She revealed to the audience that she fell in love with contemporary art at an Art Fair in Jeddah. It was at this moment that her brand, The Art Talks, was born and became the renaissance of her own being.

Explaining to Dinis what inspired her, she said: “Art is very personal. There is something that you like and something you don’t. Nobody can tell you that for you. But what’s beautiful is the story behind each piece.”. She told him that it was this hunger to know what lies behind the scene that got her involved in the contemporary world. “The fascinating moment to meet the artist, to speak with the artist, and to understand what is behind the scene. That, according to me, is the most incredible thing about contemporary art.”, she added.

Dinis and Carolina talked about how digitisation is creating opportunities and challenges in the art world. They discussed the boom in the industry with the popularisation of NFTs and consequently lifting the art economy like never before.

More Interviews

James Zhang, CEO The Concept Art House – Games, Art And NFTs

Adam Hollander, Serial Entrepreneur, Pack Leader at Hungry Wolves – NFT, Gamification

Interview with Rishi Kapoor, Founder & CEO of paus.tv – The Revolutionary Streaming Platform For Independent Creators

Interview Kireet Khurana, Filmmaker & Creator Of Animation Film “Toonpur Ka Superhero” – Homelessness In India: The “Invisible Visible”

Pedro Gadanho – Architecture, Arts, Cities & Society – Former MoMA & MAAT Curator, Architect

Susan Oh, Future of AI, Blockchain; Blockchain For Impact Global Summit @ UN HQ, Top 10 Frontier Women in Digital

Education and Unification for a thriving ‘Art Ecosystem’

Dinis and Carolina discussed that the digital revolution reached the art world very recently. They shared facts and statistics to support their argument that COVID-19 was the turning point in bringing the needed transition from traditional art to digital and more recent NFT creation.

Revealing her empathy towards the creator community, Carolina shared:- “If you are an emergent artist, and tech-savvy, it’s going to be very easy to be on a platform, and market yourself. For others, it’s not possible. For instance, artists in Africa don’t have the same digital abilities.”

She emphasised the role of education in creating awareness about these platforms and the opportunities that lie within them. She believes this could create a stronger community to thrive in. She also highlighted to Dinis that although there are so many platforms that could provide the necessary impetus, most of them are competing amongst themselves. “I think it’s important to support each other at this moment and to create a community that the artists (and galleries) can really benefit from.”, she said expressing her concern.

This is the sole reason she created Art Talks- a platform that showcases the hidden talent within the art community and guides them to be able to market themselves.

The Art Talks: A platform that connects the ‘Art Ecosystem’

“I started Art Talks to highlight the voices that nobody heard. It was through different social media handles, I met incredible artists. Those artists didn’t have a gallery to represent themselves. They actually had to market themselves in a certain way. I think that’s a very important change that happened in the last few months.”, said Carolina beaming with warmth.

Carolina explained to the audience that “Art Talks” was created as a brand designed to highlight the wonderful enthusiasm and creativity around the art world during the challenging times of the pandemic. The goal of this platform has been to pursue client engagement and the development of strategic partnerships through different initiatives like video podcasts and a magazine.

“Since its launch, we have not stopped. We have had more than 600 artists, creators, and galleries from all around the world: from America to Africa, to Asia, and Europe, of course. And then, I and Francois Renet have been working for the Art Talk Magazine. Now we are at the fifth edition, partly digital but also on paper,” she told Dinis.

She also highlighted that another purpose that the platform fulfils is to use all the knowledge from the art experts from the past generations. She believes that it is a treasure that we all can benefit from. It’s that key that unifies past and present in order to have a future.

Carolina concluded the delightful session by calling the audience to participate in the platform. She said: “The Art Talk and The Art Talk Magazine are including what anyone would like to write or would like to express themselves. The art language is the most important. There are no boundaries for us.”.

About citiesabc.com
https://www.citiesabc.com/
https://twitter.com/citiesabc__

About openbusinesscouncil.org
https://www.openbusinesscouncil.org/

4IR: AI Blockchain Fintech IoT Reinventing a Nation by Dinis Guarda and Rais Hussin (4irbook.com)

Dinis Guarda citiesabc openbusinesscouncil Series is also available as podcast on

Apple Podcasts: https://podcasts.apple.com/us/podcast/dinis-guarda-citiesabc-openbusinesscouncil-series/id1510330391

On Spotify: https://open.spotify.com/show/1vA8KaDaRpJ0mAfpNbfTSF?si=H_WngL4RSOyu1W7VAmM41w&dl_branch=1

Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xMDMyMzg4LnJzcw==

Amazon Music: https://music.amazon.com/podcasts/953a5156-823c-4e86-baeb-4fda1128e44c/DINIS-GUARDA-CITIESABC-OPENBUSINESSCOUNCIL-SERIES

Hernaldo Turrillo

The post Co-Founder Of The Art Talks, Carolina Conforti, On Dinis Guarda YouTube Podcast: Building A Healthy Art Ecosystem For Web 3.0 appeared first on OpenBusinessCouncil Directory.

Optimizing Productivity: Freelancers Are 20 Days More Productive Than Employed Workers, Research Finds

Hernaldo Turrillo — Fri, 17 Jun 2022 17:40:33 +0000

Self-Employed Complete 20 MORE Working Days of Productive Work Than Employed Per Annum.

Freelancers Are 20 Days More Productive Than Employed Workers, Research Finds

• On average, Brits are productively working for 6 Hours & 6 Minutes during a working day.

• Coworking spaces were found to be the ‘most productive’ working location overall.

• Successful tactics to increase productivity include: having regular breaks; to-do lists; playing background music.

On average, Brits are ‘productively working’ for 6 hours and 6 minutes during a working day, new research has revealed. However, self-employed workers are the most productive group as research shows they clock in around an additional 150.6 hours of productivity more than their employed counterparts. That’s the equivalent of 20 working days a year.

The study, conducted by The Doers – a brand marketing consultancy powered by freelancers – surveyed 1,000 UK respondents to find how many productive hours workers complete during the working day. The results include an analysis of how working location impacts the results, city and industry splits, and the difference between employees and freelancers.

The findings revealed that, on average, people are ‘productively working’ for 6.1 hours during a working day. The most common answer was 7 hours, but a quarter admitted that they are productive for 4 hours or less each working day. Interestingly, it was coworking spaces where people were the most productive (6.9 hours), compared to 6.4 hours in the office and 5.8 hours whilst working from home.

Karen Tait, founder of The Residence Coworking gave some additional insight into these findings – “People come to our centres looking to remove the distractions from home – the doorbell can ring, there’s laundry to be done, and everything is in your eyeline – so it’s not a surprise to me that coworking spaces come out on top for productivity! As well as an alternative to working from home, we also have office workers who use us flexibly to escape the many unnecessary office meetings and office politics. Coworking spaces also offer a variety of industry – a chance to meet other businesses and other people on their A-game, and the opportunity to learn from how other people have been successful (outside of the bubble of your own industry) – and this can also do wonders for productivity”.

Ordered from most productive city to least productive city, the results discovered the following:

Newcastle – 6.9 hours
Leeds – 6.8 hours
London – 6.4 hours
Liverpool – 6.3 hours
Edinburgh – 6.2 hours
Norwich – 6.2 hours
Birmingham – 6.1 hours
Nottingham – 6.0 hours
Glasgow – 5.9 hours
Bristol – 5.9 hours
Cardiff – 5.8 hours
Sheffield – 5.8 hours
Southampton – 5.8 hours
Belfast – 5.7 hours
Manchester – 5 hours

Ordered from most productive industry to least productive industry, the results discovered the following:

Recruitment and HR – 8.3 hours
Law enforcement and security – 7.6 hours
Hospitality and events management – 7.5 hours
Transport and logistics – 7.1 hours
Energy and utilities – 6.8 hours
Public services and administration –6.6 hours
Information technology – 6.5 hours
Retail – 6.4 hours
Engineering and manufacturing – 6.4 hours
Healthcare – 6.4 hours
Property and construction – 6.3 hours
Sales – 6.2 hours
Environment and agriculture – 6.1 hours
Teacher training and education – 5.9 hours
Law – 5.8 hours
Leisure, sport, and tourism – 5.8 hours
Accountancy, banking, and finance – 5.8 hours
Social care – 5.7 hours
Other – 5.5 hours
Creative arts and design – 5.4 hours
Charity and voluntary work – 5.4 hours
Media and internet – 5.4 hours
Business consulting and management – 5.1 hours
Marketing, advertising, and PR – 5 hours
Science and pharmaceuticals – 4.7 hours

Laura West, co-founder of The Doers, added:

“During the pandemic, more brands turned to freelancers in a bid to create fast and effective marketing campaigns. There are many benefits for choosing freelancers over an agency – a few examples include getting direct access to senior talent, lowered costs, improved output, amongst many others… We wanted to see if increased productivity was also a factor, so with this in mind we surveyed 1,000 UK respondents to delve further into the topic.

“Our research discovered that, on average, the self-employed are productive for 6.4 hours (6 hours and 24 minutes) of a working day. This figure is 36 minutes more than those that are employed – claiming 5.8 hours (5 hours and 48 minutes). Considering there are 251 working days in 2022, the self-employed are clocking an additional 150.6 hours of productive work each year compared to their employed counterparts – equivalent to around 20 working days (or around a month of a standard Monday to Friday, 9-5 role)! If nothing else, these stats should encourage businesses to lean on the amazing freelance talent that we have in the UK”.

When it came to discussing successful tactics and tools which helped people increase their productivity, regular breaks, to-do lists, and playing background music were the most common, followed by working in silence and thorough time planning. ‘Eating the frog’ – a technique where you complete your most important or hardest task first – also featured, along with regular exercise, working flexible hours (to plan tasks during optimal productivity hours), eating nutritious snacks, playing background noise, having a strict sleep routine, and disabling notifications on devices.

Jess Sims, co-founder of The Doers, shared:

“I’m far more productive in the evening than I am in the mornings. I have an energy lull almost every day mid-afternoon. And I’ve always been that way. Working for myself meant I had the flexibility to create a structure that worked for my productivity schedule.

“One of the biggest learnings I have made so far, is that eliminating water cooler moments, pointless meetings and periodically closing emails/Slack/social notifications etc, means that I can get the bulk of my work done in 4-hour work days. If you think about your time in an office structure (if you’ve worked in that environment), and count the time you spend making coffee, chatting to colleagues, sat in meetings that seem utterly pointless, endless catch ups vs the amount of time you spend actually doing your job, I bet you’ll land on roughly the same time frame.

“Working smartly and efficiently with my time opens up more opportunities to work on growing The Doers, networking, learning, taking time for myself, resting, travelling and ultimately creating the best work/life balance I’ve ever had”.

Hernaldo Turrillo

The post Optimizing Productivity: Freelancers Are 20 Days More Productive Than Employed Workers, Research Finds appeared first on OpenBusinessCouncil Directory.