Year: 2020

How to acheive Personal Goals through Objective Key Results

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Video on Personal Goals through Objective Key Results

Achieving personal goals related to health and wellness can be challenging, especially when we set lofty aspirations without a clear plan of action. It’s not uncommon for people to write down their New Year’s resolutions with enthusiasm only to give up on them a few weeks later. This is where Objective Key Results (OKRs) can come in handy.

OKRs are a management strategy that can help individuals and organizations achieve clear and specific goals. By establishing OKRs for personal use, we can take small habit-forming steps that will eventually lead to significant and tangible outcomes. This process involves creating to-do lists with specific timeframes and tracking our progress towards achieving our objectives.

It’s important to note that OKRs are not about mundane tasks but rather focused on measurable and achievable goals. We can make use of this strategy to streamline our efforts towards health and wellness-related objectives. This may include setting goals to exercise for a certain number of minutes per day or week, increasing water intake, or reducing screen time.

To make our personal goals and objectives simple and measurable, we should start by defining specific and achievable outcomes. This means breaking down larger aspirations into smaller, more manageable goals. For instance, if our ultimate goal is to lose weight, we can break it down into smaller goals such as exercising for 30 minutes daily, reducing sugar intake, and tracking our progress using a fitness app.

In a video by Vidya Santhanam, co-founder of Fitbots, a SAAS platform for performance management and engagement check-ins, she explains how to use OKRs for personal goals. She emphasizes the importance of scaling not only team mindsets but also oneself. With her vast experience in corporate performance management and recognition practices, Vidya shares valuable insights on how to focus our energies on the right things to achieve our aspirations.

In conclusion, setting and achieving personal health and wellness goals requires more than just a New Year’s resolution. With OKRs, we can create a plan of action and track our progress towards achieving our desired outcomes. By breaking down larger aspirations into smaller, more manageable goals, we can establish measurable and achievable objectives that will help us achieve our ultimate health and wellness goals.

OKR for organisations || Investing Tips for Women || Self Publishing

GST Compliance for a Startup

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Ensuring Financial & GST Compliance

Compliance is a crucial aspect of running any business in India. It involves ensuring that all business practices and employees are in accordance with legal and regulatory provisions. Failure to adhere to Financial & GST Compliance can lead to hefty interest, penalties, and other negative consequences. Hence, it is important to have proper guidance and expert opinions to maintain compliances and goodwill.

For entrepreneurs and small and medium businesses, the challenge of keeping up with Financial & GST Compliance can be overwhelming. However, there are strategies that can be implemented to ensure that compliances are up-to-date. One such strategy is the implementation of internal financial controls. Internal financial controls are policies and procedures designed to ensure the accuracy and reliability of financial reporting.

Another strategy is to appoint consultants for compliances. The role of consultants is to provide expert guidance on compliances and help businesses navigate the complex regulatory environment. The requirements for compliance differ for sole-proprietorships, firms, and companies. Hence, it is essential to seek guidance from experts who understand the nuances of each business structure.

Non-compliance can have severe consequences, including legal action, fines, and loss of reputation. Therefore, it is essential to keep track of legal and regulatory issues. Digital applications and other resources are available for businesses to stay updated on compliances.

The government also plays a crucial role in ensuring Financial & GST Compliance. The government has implemented several measures, including the introduction of digital platforms, to make compliance easier for businesses. However, it is still the responsibility of businesses to ensure that they comply with all the relevant regulations.

Cheruku Srikanth, the founder and CEO of Fin-tech business IDOS Corp, provides cost-effective and efficient solutions for bookkeeping, Financial & GST Compliance, primarily for small and medium businesses. Such entrepreneurial education and success strategies are essential for businesses in India to thrive and grow. By ensuring compliance and adopting best practices, businesses can build a reputation for reliability, trustworthiness, and integrity.

Other videos along the same lines and here is a video on profit maximisation for Entrepreneurs.

Blockchain and Cryptocurrency

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Video on Blockchain and cryptocurrency the two of the hottest buzzwords

Blockchain and cryptocurrency are two of the hottest buzzwords in the world of technology and finance today. Blockchain is a decentralized digital ledger that enables secure and transparent transactions, while cryptocurrency is a digital or virtual currency that uses cryptography to secure its transactions and control the creation of new units.

Blockchain technology allows for a decentralized system of recording and verifying transactions. The blockchain network is maintained by a group of nodes, or computers, that work together to validate transactions and add them to the blockchain. Each block in the chain contains a hash of the previous block, which creates an unbreakable chain of transactions that cannot be altered.

Cryptocurrency, on the other hand, is a digital asset that uses encryption techniques to secure its transactions and control the creation of new units. Cryptocurrencies are decentralized, meaning that they are not controlled by any central authority or institution. Bitcoin, the first and most well-known cryptocurrency, was created in 2009 by an anonymous individual or group of individuals using the pseudonym Satoshi Nakamoto.

One of the key advantages of blockchain and cryptocurrency is their decentralization, which makes them resistant to hacking, fraud, and other forms of manipulation. This has led to widespread adoption of blockchain technology in a variety of industries, including finance, healthcare, and supply chain management.

Cryptocurrency has also become increasingly popular as a means of payment and investment. Many businesses and online retailers now accept Bitcoin and other cryptocurrencies as a form of payment, and investors have been pouring money into cryptocurrency in recent years, hoping to capitalize on its potential for high returns.

However, there are also risks associated with blockchain and cryptocurrency. The decentralized nature of these systems means that there is no central authority to regulate them, which can make them vulnerable to market volatility, fraud, and other forms of abuse.

In conclusion, blockchain and cryptocurrency represent a significant innovation in the world of technology and finance. While there are risks associated with these systems, their potential for security, transparency, and decentralization makes them a promising technology for the future.

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Clearing Bots: A Powerful Cybersecurity Tool

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Video on Why are Clearing Bots important?

As businesses continue to rely more heavily on technology, the threat of cyber attacks has become a major concern. Malware, viruses, and other cybersecurity threats can cause significant damage to a company’s reputation and finances. Clearing bots are a powerful tool for protecting against these threats.

Clearing bots are automated systems designed to detect and remove malware and other cybersecurity threats from computers and other devices. They scan files, software, and data to identify potential threats and then either remove or quarantine infected files.

Cybersecurity threats can cause costly downtime, data breaches, and legal issues for businesses. Clearing bots provide an extra layer of protection against these threats by continuously monitoring systems for potential issues. They can detect and remove threats faster than manual processes, reducing the risk of damage to a business.

Implementing clearing bots is relatively simple, and there are many software solutions available that businesses can use to protect themselves. These solutions can be customized to meet the specific needs of individual businesses. Regular updates are necessary to ensure the bot can detect and remove the latest threats.

In conclusion, clearing bots are a powerful cybersecurity tool for protecting businesses from malware, viruses, and other cybersecurity threats. By implementing these systems, businesses can reduce the risk of damage from cyber-attacks, protecting their finances and reputation.

Other videos to watch in this series and how to be safe online

CAPTCHA is an Essential Tool for Online Safety

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Video on why CAPTCHA is important for peventing Malicious Activities

CAPTCHA is a security measure used to determine whether a user is human or a computer program attempting to access a website or web application. Its primary purpose is to prevent automated bots from accessing a website or web application and performing malicious activities such as stealing user data, creating fake accounts, and sending spam emails. By implementing CAPTCHA, website owners can prevent these bots from accessing their site and ensure that only genuine users can access their services.

Many websites require users to enter personal information to access their services, making it essential to protect user data. CAPTCHA helps to prevent automated bots from accessing this information and stealing it for malicious purposes. Website owners can use CAPTCHA to ensure that only genuine users can access their site and that their data is secure.

Many websites allow users to leave comments on articles or blog posts, which can be easily targeted by spammers. By implementing CAPTCHA, website owners can prevent spammers from accessing their comment sections and posting irrelevant comments. This ensures that users can engage in genuine conversations and discussions without interference from spammers.

CAPTCHA is a simple but effective security measure that plays a vital role in ensuring online safety and cybersecurity. It helps to prevent automated bots from accessing websites and web applications, protecting user data and preventing malicious activities. By implementing CAPTCHA, website owners can ensure the safety and security of their users and prevent spamming on their website.

Manjula Sridhar is the Co-founder of ArgByte, US Incorporated cyber security consulting firm. She is also an endurance athlete, volunteer and public speaker and coaches’ pre-entrepreneurs.