In our time today, it’s become relatively easier to start a business. This is simply because of the ease provided by technology and the internet. Different industries in Singapore are already starting to have more and more companies and most of them are start-ups! Even so, what’s still difficult is making sure your start-up survives and grows. Here, then, are some valuable things you need to know.

Have a clear picture of what you want your business to be

Before you even start a business, you have to already know what you really want your business to be. Make sure you have practical and concrete plans both for the short and long-term. The easiest way to start with this, really, is to stick to something that you’re passionate about.

You’ll have difficulty envisioning the future of your business if you don’t even like what you’re doing. You’ll also have an easier time planning for products, services, and gimmicks this way.

Know that you don’t always have to take risks

No matter if it’s for business or life in general, people are always going to face risks. Though that is the case, you don’t necessarily have to take risks, especially as a start-up. Even when you have to take one, you have to make sure you have back-ups or at least have something left. Because risks come naturally, you don’t need to seek them thinking that taking risks will help you grow.

Listen to the customers

To any business, big or small, who are the most important people? That’s right, the customers? How will a company profit if others don’t buy their products? That being said, it would be very beneficial to your start-up if you could listen to your customers’ feedback. Listening to your buyers is one of the easiest ways to know what you have to improve one. So, take both praise and criticism well!

Take advantage of the internet

It’s become very easy for start-ups to promote themselves because of social media. So, there’s no reason for you not to do it too. Using social media not only helps you get a wider audience; it also helps you network and create relationships with other businesses as well.

If it is fitting, you could even have a website created for your brand as well. Your customers can browse your page for products and services and becomes easier for them to contact you as well.

Be flexible and learn to adapt

No matter what the industry, there will always be many ups and downs in the market. Mostly, they can all be affected by unforeseen circumstances. For example, if a certain product or service becomes in-demand, of course, it will be advantageous to those who already sell them.

However, that doesn’t mean that if you don’t have those, you can just let it go. Find ways to incorporate your brand’s identity to those trendy products and services and use it to your advantage!

Though Singaporeans are considered hard workers at the office, not many notice how much stress they’re already in. Though you could say stress is normal, there are still times when it already becomes a huge burden to many. That’s why it’s important to explore the different factors that cause workplace stress and how to deal with them effectively.

Clutter

Remember that one time you couldn’t find a very important document because your workspace was so messy? Think about the fear and stress that caused you. It seems like a subtle thing but having too much clutter can definitely add to more stress.

You’ll have difficulty finding and arranging things. You’ll also be distracted because there are too many things around you. Clutter can also mean other aspects as well, like your schedule. If you intentionally leave tasks unfinished, they’ll pile up and you’ll have to do everything all together. Clearly, this will put you under a lot more stress.

Misunderstandings

Having fights and misunderstandings are already common in the work setting. The problem is, misunderstandings cause stress not only to one person but possibly to an entire group. Fortunately, it’s also quite easy to avoid being misunderstood.

One is to be a better and humbler communicator. By using appropriate communication tools, you can make others understand what you expect from them and the other way around. For example, one thing you can do when giving instructions is simply to have the other person repeat what you said.

Lack of recognition

The simple fact is, humans crave praise and recognition. If a person’s work is always downplayed, the stress will take its toll on his/her patience and motivation. If this is happening to you, don’t give up too early!

You could always communicate with others about how much you’ve done or you could emphasize the significance of your work as well. It’s also important to see that maybe you really are underperforming. Try to take a step back and reevaluate yourself if this is the case. Then, you can slowly fix your mistakes and do your work better overall.

Sudden changes

In Singapore, and surely in all other countries, there can sometimes be huge age gaps in the workplace. When sudden changes happen in a system, for example, the older generations might have difficulty adjusting.

They’ll have to learn how to work on the new system again and doing so will delay their work. Or if they insist on using the old system, there’ll be conflicts on output. The younger workers might expect tasks from the older ones but they’ll have to wait longer. This can create an air of tension around the office.