Career

For most of us, the regular 9 to 5 job is not enough to buy a dream car or a big home. We always wonder what extra we can do that can help us to put some extra bucks in the pocket. Some guys who have some excess mileage get on with entrepreneurship and freelancing, part-time job, or business opportunities that can help them to utilize their time more fruitfully.

Everything Depends on Idea

It is worth mentioning that any idea that can generate revenue streams is worth it, no matter how small or insignificant it might be. Interestingly, all the ideas that have evolved to become large corporate structures started with a personal level of brainstorming and deciding what to do, it is important. The best example is Uber, which began when the Uber parents did not find a cab.

How Does No Money Investments Work

Worth mentioning that you do not require to put your own money to start up an entrepreneurship plan. Many platforms of financing schemes and start-up are available that can invest money into your business. Even, college students who are unemployed can take loans and start anything they want. Gradually, as the company begins to gain some pace, you decide on a rate for mutual profit sharing.

The main advantage of entrepreneurship is that it does not require a conventional office setup. All you need is a good business idea, and the rest will follow you. We have listed here a few food business ideas that need very low investment. 

Nowadays the banking sector has also got involved in the entrepreneurship business. Via different channels including government platforms, special loans are available for entrepreneurs that work on easy payback terms.

Easy Steps To Become An Entrepreneur

We have listed down all the significant steps in a sequential order that can help you to become a successful entrepreneur. The main emphasis is to highlight those things that get the best Idea out of your mind.

Go Through A Thorough Research: Idea is everything. It must be strong enough that can attract the potential investor. The main crux is to find a unique idea or, in some way, a plan that improves the existing process. 

Maintain Specificity: Those who have attended start-up sessions already know that, generality is the biggest enemy of your idea. You have to conceive an idea that is very specific and focuses on a specific target segmentation.

Develop the Idea: After doing all the hard work on preliminary analysis, develop your Idea. Make it flexible as it can be. Get it checked with some start-up guru. Subsequently, develop a business plan of your Idea and get it checked with someone in the business domain.

Brainstorm on the Idea from Every Angle: It is essential to get your Idea checked from every angle. Ever wonder why start-up plans fail often. It is because the Idea lags in one way or the other. Since you want to become an entrepreneur with no money, your Idea is everything you have.

Find The Right People in the Market: After developing an Idea, the next step corresponds to finding the proper target segmentation. Locate the people around you, make some visits, and get listed with good start-up companies. 

Pitch Your Idea: The last step of the process is pitching. Make sure that you pitch it to the proper segmentation. Your presentation must be simple, precise, and concise. All financial requirements, loopholes, and profit-sharing mechanisms must be shared before signing the contract. Commonly, it is often observed that investors tend to polish the Idea in their way before bringing it to the masses.

Again everything is the Idea

An idea can change your life But you will have to make it the best one. See, big giants like Facebook, Ali Baba, and Apple started from one room set up to become what they are now. Also, remember that millions of start-up ideas are made every day, but often fail as they lag the intention and depth of working.

Life never follows a straight line. It is a blend of good and bad moments. The decisions we make in life induce strong ripples that have far-reaching consequences. A decision no matter how small it is, can have a dynamic impact on your life.

Decisions Every Second

We make decisions every day that range from household to the corporate level. Based on the gravity of situations, some decisions should be based on consultation, while some decisions should be made on an individual level. Make sure that the decisions you make should satisfy your heart in one way or the other. Otherwise, you might not stick with it.

Decision Drive You

It is a very well-known saying that ‘Once you decide, the whole world conspires to make it happen’. Basically, you just need an idea in your life that will govern your actions. So if you can figure out the source of this idea, you can get very close to finding true inspiration. Decisions just fire up the idea. They just remind you that you have a made commitment to yourself.

Sometimes decisions can work as a great tool to remove doubt. People often get confused about selecting what is best for them. Deciding at the right moment gives you the confidence and the desired willpower to go for it. Making a no-decision will leave you baffled and clueless about what you have to do.  

The Real Importance of Making Decision in Life

Channel your Life: Ever wonder when growing up how much time you have wasted on some useless things that resulted in nothing but negative energy. If somehow you had made the right decision at the time, you would have gained something that would have benefited you.

Removes the Doubt: Decision-making can help you to clear your doubts in mind. Once you have decided in your life, you stick with it, no matter the consequences. It also gives you peace of mind that you are going in the right direction.  

Effective Time Utilization: Deciding early in life can help you to utilize your time effectively. Since you have a good idea about what you intend to do in life, you don’t waste your time searching for things. Instead, direct your attention to achieve set goals.  

Better Utilization of Resources: A person that has decided about his set goals and objectives promptly can make great roads for success. This enables him to utilize his resources effectively, smartly, and particularly aligned in one direction.  

Frees you from the Guilt: Sometimes, making a decision in life can help you accept all the responsibilities. Instead of blaming it on others, you admit your faults. It relieves you from all the guilt and gives you the strength to move ahead.  

Makes Others Aware of your Plans: People that make an early decision in life make themselves and others well aware of their plans for the future. It creates a source of responsibility and information among people around you so they can guide you in a more predetermined way.  

Gives you Confidence: It also develops inbuilt confidence that gives you the thrill to achieve goals. Having a mind without confidence will always result in reduced results and inefficiencies.

Decisions Direct You To Do More

No one can teach you how to make good decisions in life. It depends upon you. It is often observed that people do not make a definitive decision, rather continue to try multiple things. As they say, ‘A Rolling Gathers No Moss’, similarly, people that do not have a solid idea in mind cannot make any tangible progress unless they channel out directions in the right direction.  

The best careers for MBA graduates are in vocations where an MBA qualification continues to deliver value over time. Here is a list of eleven handpicked roles for MBA graduates where the degree offers a substantial competitive advantage. For detailed job titles in each career stream, see this article by Mallory.

Account Executive

Entry-level to senior management jobs are available as an account executive. The role involves selling activities where you need to increase the company’s client base, manage existing accounts to ensure repeat business, and find new customers.

Your career progresses as you move towards more significant key accounts, secure strategic leadership positions, and sell more high-value products. You have to be sales-oriented and a clever communicator.

Business Consultant

Appearances matter a lot in the consulting world, and an MBA degree commands a high value there. Your MBA degree helps generate demand for you to give expert advice to clients in management, development, and business administration issues.

To gain the confidence of clients and attract new business in the process, you should demonstrate expertise and ability in the subject you specialized in at university or the graduate business school.

Business Development Manager

As a business development manager, your job is to grow the company. You do this by identifying and capturing new business opportunities. You may be required to take on varied roles, such as that of a marketer, networker, and strategist. Examples of things you might do on a daily basis are to market products, improve your company’s digital presence, tap into new markets, or find new customers.

An MBA degree helps you to develop business strategy skills to add value to your organization. To succeed as a business development manager, you definitely want people to pay attention to what you have to say.

Entrepreneur

You may argue that MBA does not help you to become an entrepreneur. If you have invented a gadget or a new technology with worldwide applications, perhaps you need not bother with formal studies. But you need proper business skills to be an effective entrepreneur, and MBA can be a good idea.

Studying for an MBA allows you to develop key skills, especially with a course geared towards entrepreneurship. Holding an MBA can also help you win the confidence of business partners and prospective investors. An online MBA may be a good option if you want to save time on travel and tuition fees.

Finance Manager

If you enjoy understanding numbers and accounting concepts, this role of a finance manager could be for you. You can use your financial insights to guide business investment decisions. With an MBA degree, people will trust you for your strategic financial management skills.

General Manager

The role of a general manager involves leading people, managing and supervising them – typically when you are senior enough to “manage” other managers. Leadership and general management are core subjects in any MBA program and management principles are a central focus.

Completing an MBA reinforces your commitment to general management skills. Graduate business schools cater well to busy professionals and often design their online MBA programs to be ideal for senior managers.

Industry Specialist Manager

When you reach a quiet point in your career, you may find yourself questioning your prospects for a higher salary or promotion. Generally speaking, management skills and industry knowledge rather than technical skills are the major assets you need to keep progressing.

An MBA can help you grab senior management roles by demonstrating management skills. An MBA program will build your business administration skills to be an influential Industry specialist manager.

Marketing Manager

As you rise the ladder in the marketing profession, you devote more time to planning, leading, and budgeting instead of doing campaign jobs. Marketing is a core subject in almost every MBA program, along with management and leadership. Consequently, an MBA with marketing units is a fantastic booster degree for a career in marketing management.

Operations Manager

As an operations manager, your job is to oversee business operations, typically looking after service delivery or manufacturing processes. An MBA helps you shift from running routine operational activities to taking lead roles. Studying for an MBA better equips you to manage teams and formulate business strategies.

Product Manager

As a product manager, you have to optimize profits by ensuring that your product meets customer needs, is cost-effective, and follows high production standards. An MBA helps you develop business and teamwork skills. You come away better able to work with different people ranging from senior executives to production workers.

Program Manager

Specific activities require a separate budget, distinct from other business aspects. This is where the job of a program manager starts. You have to be adaptable because programs often vary and may be unique. An MBA provides a broad skill set, including business administration and team management skills, essential for program management roles.

Sales Manager

If you can mentor and coach your team to reach higher sales and have a knack for selling, the role of the sales manager could be for you. MBA holders have a competitive edge in recruitment and promotion processes as they have important skills. For example, resource allocation and strategic planning commonly feature in MBA programs and are also required for effective sales management.

During the coronavirus pandemic redundancy rates increased faster than during the 2008-09 economic downturn, with the global uncertainty resulting in many workers losing their jobs.

The Bank of England expects the unemployment rate to peak at 5.5% this autumn, with the government’s furlough scheme set to finish at the end of September.

While lockdown restrictions have eased significantly over the past months, the future remains uncertain for the portion of the population that was unable to work through the pandemic.

Becoming a freelancer is a way back into the job market for those people. We’ve put together a few handy tips to help those looking to go it alone get the most out of their decision.

What is a freelancer?

The number of freelancers in the UK grew slightly to 2.2 million in 2020, according to the Association of Independent Professionals and the Self-Employed (IPSE).

When you’re a freelancer, you can work for any number of companies and invoice them for your services. However, you’ll need to register as a sole trader with HMRC and take care of paying your income tax and national insurance contributions. That may sound daunting, but you can file your self-assessment tax return online and government-approved software like GoSimpleTax makes it easier than ever.

Companies are responsible for the health and safety of freelancers they employ, though. However, they do not have to afford them the same rights as permanent employees. For example, a full-time member of staff would be provided with replacement equipment if theirs malfunctioned or stopped working – a freelancer wouldn’t.

To protect yourself from potential issues that can threaten your ability to work, it could be a good idea to take out a business insurance policy. That way you know your back is covered if unforeseen circumstances arise.

Before you get started

It’s important to make sure it’s clear what services you are offering and the industry you are focusing on before you try to find work as a freelancer. Identify your key skills and select the one you want to put forward as your primary offering.

Once you’ve done that, set up a professional profile on online platforms like LinkedIn, Bidvine, and Upwork that can help you find work. Try to find out if there are any such services dedicated solely to the niche you are looking to freelance in or the skill you are offering.

For example, contently is good for writers, OnSite caters to people who work in the digital realm, while IT contractors can head to Elevate.

If you can showcase pieces of work from a previous job, create an online portfolio that you can direct potential clients to. They’ll be able to easily see the standard of your work and it could help turn potential leads into paid work.

It’s simple enough to register as a freelancer, but by following our tips you’ll hopefully find it easier to find potential clients and start earning on the terms you set.

Someone asked a wise man what to choose between heart and brain. The wise replied, the ‘heart’. Something that you desire to have with all your heart can be termed as a goal. Something you just desire or lust to have is just a fluke of mind, namely fondness. If only you realize the difference between these two words, ‘goals’ and ‘fondnesses’, you can understand the purpose of your creation.

Goals are the drivers of life. They tend to utilize the maximum out of you. Without goals, life can be considered an empty, useless vessel that does not pour or hold anything. Humans without goals do not hold any life, nor do they benefit the people around them.

Goals and Fondness

People tend to set goals but fail to achieve them. It might be that they do not have the vigor to achieve them, or they misinterpret their fondness for things as goals. Goals give you the inner strength to bend it like Beckham and set the tone of your life, while fondness generally sooner or later fades out.

If you have goals in your life, you are on the right track. However, people are so tangled in other things that they tend to let go of their goals, although they didn’t intend to do it. Probably, they have prioritized other things in life. Over some time, these unaccomplished goals torment you as ghosts of self-realization and failure.

No one can help you to achieve your goals. However, some things might ignite your spirit to achieve them.

6 Things to Follow to Achieve a Goal Successfully

Dream Big but Specifically: They say that “Shoot for the moon. Even if you miss, you’ll land among the stars.” Set high goals for your life; even if you fail to achieve them, your handwork will pay off, and you will get its award. Develop specific goals rather than general statements. It is similar to like,” I aim to buy a sports car, but I will work in a multinational company so that I can buy a McLaren, if not a Lamborghini.

Stay Persistent: Big goals are never easy to achieve. You have to stay persistent as possible, so even you might get distracted from your set goals, and you are always on the track to achieve them. Giving up on your goals will demoralize you and set your spirits down.

Go the Extra Mile: If you want to achieve your goals, put your maximum effort to achieve them. Mathematically it can be proved that (1.00) ^ 365 = 1.00, but (1.01) ^365=37.78. It implies that you can put a little more extra effort daily, so you can inch closer to your goals every day, rather than staying stuck in place.

Channel your Attitude: To achieve your goals, you must have a positive attitude. Sometimes you might feel a bit low on energy or get demotivated by looser talk. A positive attitude will help you to pass these challenging times. It also helps you channel your energies in a way that lifts you up with the right mindset and mood.

Exert Forces In the Right Direction: If you think you can make fishes fly or make an elephant climb a tree, you fool yourself around. Set visionary yet realistic goals and exert all your forces in the right direction that will help you achieve them. If you plan poorly and then execute it in an unthoughtful way, you are just wasting your sweat.

Compare with Predetermined Metrics: To achieve your goals, you must analyze your performance with set metrics. Check to see why you lagging and what are is the cause of this impediment. Change your strategy. Ask for advice. Still, if you are not having the blues, it is probably just fondness, not a goal. As people with goals don’t go to sleep.

Once Made, Just Do Them

Goals are promises with the soul. They bring the best in you. Set your goals carefully, and move heaven and earth to achieve them.

Art is unvanquishable; no one and can claim or will claim its complete mastery. Writing, an excellent form for expressing emotions, art, or knowledge, is undoubtedly a no Childs’ play. Tormenting with your thoughts and coming with a few words that pass through the barriers of imagination and thought is undoubtedly a harrowing ordeal. Many have tried, many have failed.

The Essence of Good Writing

Stephen King once said that “If you want to be a writer, you must do two things above all others: read a lot and write a lot”. On somewhat real-world grounds, these two things have a major impact on the success and failure on writing well, though they may belong to any form of expression i.e. stories, books, blogs and etc.

Other things also come along, but these two things (reading and writing) are the essence of writing good. Reading a lot provides you with the knowledge for more profound observance, and writing a lot trains you to express your thoughts more effectively.

No one can make you a good writer. It is a sort of self-meditation that can train you to write well and polish your abilities. We’ve listed down some activities that can sharpen your writing skills.

8 Good Practices that Can Make You a Good Writer

Develop a Deep Observance: Good writers tend to think deep. The ability to inculcate a thought in the readers’ mind is your first step to good writing. It develops a link between you and the observer. The deeper the thoughts, the stronger the link.

Build a Tone: Develop your specific tone that is somewhat unique and coheres with your writing content. This prepares the user for an easy read that is easy on the eye and creates a picture in his mind for better acceptance.

Read and Write A Lot: Reading good writers will enrich your thoughts; it can be books, blogs and brochures. Writing a lot will help you to improve your presentation, preciseness and persistence.

Maintain a Continuity: The text you write must be continuous. It must describe the idea to the reader in a way that completes the story. Good writers always prepare the writer for the ending, constantly plan your text for an interesting read.

Use the Right Words: The words you write, describe your thoughts. Choose your words that are best suited for the targeted audience and describe your content type. Any mismatch of words can cause the user to lose attention in the read, i.e. if you use literary words for a scientific journal, you probably mix Shakespeare with artificial intelligence.

Read your text as a Reader: Before publishing your content, it is always better to read your text as an audience. The writers tend to love their content as a child and consider their words to be absolute. For a good writer, you must have an open heart. Make edits where required, and then make the final copy of your content.

Be Structurally Correct: Readers tend to read their context in a more continuous fashion. Any grammatical or structural error can disrupt the reader from his read. Moreover, it also doubts the abilities of the reader and makes a bad expression.

Be True to Yourself: Although this step has nothing to do with the art of good writing, this step is by far the essential step to connect with the reader. If you are true to yourself, your writings will represent it, and indeed there is nothing as good as writing from the heart.

It’s a Long Road

Writing is the best form of expression; God also choose to convey his thoughts in written books, he revealed. Great revolutions took place as a result of great writings. Becoming a good writer is certainly not a piece of cake. Rome was not built in a day, and good writers don’t just sprout out from a library. It takes practice, hard work, and a good heart.

The healthcare industry is a vast sector with high demand for workers; one of which is medical coders. An individual who wants to work in the healthcare industry but prefers to stay out of the emergency and operating rooms can work as a medical coder.

For the uninitiated, a medical coder’s main task is to provide data to medical billers. Billing companies would then file a claim for reimbursement by healthcare insurance companies. The coder does this by assigning universally accepted numeric codes for a patient’s every transaction with a medical care service provider.

These transactions may include checkups or consultations, visits, laboratory tests, and medical equipment use such as CT scan, X-ray, and the likes. A coder is likewise tasked to translate the diagnosis and treatment via numeric codes.

If you’re considering a career in the healthcare industry but don’t want to expose yourself to potential health risks, medical coding may be for you. Discover the benefits of being a medical coder in this article.

The Advantages of Being a Medical Coder

Medical coders and billers typically work closely together. In smaller business settings, an individual may be asked to perform these tasks. In bigger companies, the tasks of handling a high volume of medical claims and other related transactions must be done by a medical coder and a medical biller separately.   

1. Be a Part of a Stable Industry

The healthcare sector is one of the most stable and fastest-growing industries in the world. Overall, the Bureau of Labor Statistics (BLS) projects that healthcare jobs will continue to grow steeply, as most countries continue to have an aging population. As the elderly population increases, so are the need for medical services. As a result, the BLS predicts healthcare jobs to grow at an average of 18% by 2026.   

2. Medical Coders are Highly in Demand

Medical coders form a part of the sub-sector called medical records and health information technicians. This sector, the BLS further cites, is set to grow by 13% by 2026, which exceeds the average occupational growth rate across all industries, estimated at around 7%.

In times of pandemic, an increased need for medical workers, including medical coders is unquestionable. Medical facilities have been grappling with unusually high cases of illnesses. In parallel to this, medical claims and reimbursements should be fast-tracked. 

3. You Can Earn a Competitive Pay

Like any other job, the salary range for medical coders varies. Education, training and certificates received, location or place of work, type of employer, job functions, and experience all contribute to specific salaries of coders.     

BLS further cites that health information technicians, medical coders included, earned anywhere from $27,820 to $71,150 as of the 2017 survey.

As mentioned, medical coders who have experience and have ample training may earn higher than their other counterparts. Some employers also offer higher salaries to medical coders, who may be hired by medical facilities, educational institutions, healthcare insurance companies, law firms, and government agencies.   

4. You Have a Variety of Options

To start your career as a medical coder, you can take a course in a community college or technical school, as well as other institutions that offer this type of curriculum. It takes about two years to earn a post-secondary certificate or an associate’s degree and start earning as a medical coder. An advanced degree will increase your chances of getting a better-paying job, so taking a bachelor’s degree related to the job will help.

If you don’t have time for in-person classes, you can enroll in an online class for convenience. Taking an online course lets you learn at your own pace, right in the comfort of your own home.

5. There are Chances for Career Advancement

Your earning potential will increase for every year of experience that you earned. As already mentioned, your two-year associate’s degree already allows you to practice medical coding while you continue your education to get a four-year bachelor’s degree.

You can also take another route and take laddered certifications for medical coders, as some companies require specialized skills. In addition, as you become a seasoned medical coder, you may be considered for higher management positions in medical auditing, compliance, documentation, among others.     

6. You Can Work Flexible Hours

If you want to work in the medical industry but have other obligations, you can choose to become a medical coder and work according to your schedule. This, however, depends on the type of employer that you have.

Part-time and full-time positions are being offered by several employers. Some agencies and institutions may require you to report for work within the required schedule, while some may allow you to work at your own convenience. For example, if you can’t commit to a 40-hour work per week, you may take a 4-hour per workday stint. In some instances, the hiring company may agree that you fulfill an 8-hour workday based on your convenient schedule.       

7. You Can Work from Home

While medical coders may be required to report for work in most cases, some companies allow work from home setups out of necessity. Because the internal workforce can’t fully address the need for skilled workers, other companies have sought to find talents elsewhere. Hence, medical coding from home has become a better-accepted working arrangement for most employers. 

You can therefore start earning as a medical coder with the required skills and experience, as well as a working computer and an internet connection. 

8. You Can Work in Less Stressful Environments

Working from home as a medical coder allows you to control your own work environment. Without worrying about your colleague, you can turn the music to full volume while working, if that’s what you prefer. If your eyes hurt, rest your eyes take a quick nap on the couch.

An ideal working spot can fulfill an employee’s specific needs in order to work comfortably and more productively. A flexible working arrangement at home can also dramatically reduce the fears and stresses of worrying about getting infected with the coronavirus. 

9. You’ll Become More Productive

Because you’ll get rid of lengthy commutes and non-work-related yet time-consuming activities, you’ll have more time to spend working on tasks that need to be done. 

In a survey on remote workers, communications company Connect Solutions discovered that about 30% of those who participated said they can do more in less time. The same survey also cited that up to 77% work from home employees noticed increased productivity, as compared to working in an office.

The Bottom Line

Apart from skills and experience, a medical coder should be able to code accurately. An error-free data is critical in facilitating medical payments and reimbursements. To do this, a coder should be able to perform the duties well by creating an ideal working environment. Whether the coder needs to report in-office or work from home, the keys to productivity include being comfortable and flexible.