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How You Can Make Money From Your Love Of Travel

StrategyDriven Entrepreneurship Article |Love of Travel|How You Can Make Money From Your Love Of TravelImagine how amazing it would be to get paid to travel or share your love of travel by assisting others with their trips. The Internet and digital technologies have made it possible to build a business around your lifestyle, including travel, from anywhere you can get online.

So, pack your belongings and set out into the sunset with these ways of making money from your love of travel.

Become a travel photographer

You do not need to be the next David Bailey to make money with travel photography these days. As long as you have a good eye and an interest in photography, you can probably make some money. Even with a decent smartphone, you can capture professional images suitable for online sales. There are even stock photography firms that specialize in smartphone photography. There are numerous ways to monetize your travel photographs, including:

  • Offering your photography services in a variety of locations. A private vacation photographer is a highly sought-after service.
  • Selling travel image downloads or licensing them for use directly from your website.
  • Selling images to stock photo agencies such as Adobe Stock or Getty Images. It is a good idea to look at their sites to see what kind of imagery sells well and use that as a benchmark.

Develop language courses and tutorials

For a long time, teaching English as a second language has been a popular way to earn money while traveling. It is an industry that has not only withstood the test of time but also continues to thrive. The internet’s brilliance is that courses can be taught online to students all over the world. You can not only offer live online classes, but you can also provide language practice and video tutorials on your website. You might even have other languages in addition to English that you could teach to ex-pats in a particular location.

For example, let’s assume that you are visiting France, and are already fluent in the language. It is somewhere that you love, so you decided to stay there for a while. It is a great opportunity to not only explore the area and immerse yourself thoroughly in the culture but also enable you to make connections with the local ex-pat community. You could offer classes in conversational language while you are there, allowing you to earn some money. Many ex-pats are not just looking to learn in a formal sense, but want to develop their conversational skills.

Social media is an excellent tool for connecting with locals and offering your services. You can continue to provide your services after you leave by offering online classes, practice videos, and virtual social gatherings.

Sell travel-related products

Because you enjoy traveling, one of the best ways to profit from your hobby is to sell items that make travel more convenient for the traveler. Dropshipping is one of the simplest ways for the traveler to accomplish this. You might want to narrow your focus and decide on the type of traveler you want to target. Once you have determined your market, select products that meet their travel requirements.

While there are many different types of travelers, they can generally be divided into three categories: business travel, leisure travel, and adventure travel. Full-time travelers have created their own culture and often have their own ways of doing things. You could sell neck pillows for airplanes, suitcase organizers, travel laptop cases, and other items to business and leisure travelers. Backpacks, head torches, and hiking boots are common items for adventurers.

The greatest feature about this particular travel commercial venture is that dropshipping allows you to sell products without having to physically have them, allowing you to continue with your own travel adventures and dealing with orders from your smartphone or internet device. Dropshipping companies will ship your products to your customers directly. All you need to do is promote them online.

Become a travel agent or consultant

Over the last few years, major travel agencies have struggled to keep their heads above the water, especially given the COVID-19 pandemic. However, that does not mean there are not customers out there who could use some assistance in planning their vacations and finding the best deals. If you are a seasoned traveler, you are likely to have some valuable knowledge to share with other travelers. As a result, you could offer those services as a travel consultant. Alternatively, train as an independent travel agent and make money by booking travel for people. Your own personal recommendations and advice will be a valuable asset.

Become a translator

You might be able to start a business as a translator if you have had the opportunity to travel to different countries and learn other languages. In a variety of languages, you can translate anything from books to documents. And that is often something you can do remotely, allowing you to work from anywhere.

Look at public speaking gigs

If you have valuable expertise in a particular field and the ability to share that expertise at various conferences and events, public speaking can be a lucrative job. You can offer your speaking services to people all over the world and then use those encounters to travel to new and exciting places.

Start a travel blog

If you want to be a travel blogger, having a passion for travel is a must. You can start your own blog about all of your travel adventures or put together guides and tips based on your experiences to start a travel blogging business.

Become a freelance travel writer

Travel writing and blogging are alike in many aspects. The distinction is that in travel writing, your articles are sold to another magazine or blog. There are numerous magazines, both online and offline, that will not only pay for your piece but may even cover the cost of your trip. In addition, some publishers hire writers to write travel books. The most difficult aspect of becoming a freelance travel writer is finding work. Because this job, like most freelance writing jobs, has peaks and troughs, you may well have to adjust to a feast or famine lifestyle. In addition, you must follow the wishes of the editors, which may differ from your own.

Work on a cruise ship

Working on a cruise ship is a dream job for anyone who enjoys traveling. You make a living by traveling the world while receiving free food and lodging. There are opportunities for people of all backgrounds to work on one of these floating resorts, whether you work in the restaurants, a shop assistant, a cleaner, or a performer in the cruise’s entertainment squad. It is a great way to see lots of the world, get paid, make friends and have lots of fun.

Become a tour guide

You should live in or near a tourist destination if you want to work as a tour guide from home. However, your tour service does not have to be limited to history. Ghost tours are available in many historic towns. Alternatively, if you have beautiful outdoor areas, you can organize spectacular scenery hikes or bird tours. Food tours can be organized if you know the best places to eat.

Set up online courses

You can use the internet to teach people almost anything anywhere. You can create online courses in departments such as business and social media. You could also get more specific and teach people how to save money on travel. Even if your chosen topic has nothing to do with travel, you can set up and manage your online courses from virtually anywhere that you can get an internet connection.

House or pet sitting

Many people would rather have someone look after their homes or pets while they are away. So, if you want to travel while earning money, you could offer your services as a housesitter in all of the places you want to visit.

Online freelancing

Do you want to live as a digital nomad, traveling around the world and working? It is much easier than you think, kudos to freelancing systems like Upwork, People Per Hour, and Fiverr, where you can apply for jobs from clients across the globe. All you need to start is a provable skill in a coveted area. Winning projects can be difficult, especially if you do not have a solid history, but after a few jobs and positive reviews on your profile, you should be able to find a continuous trickle of work. Web design and development, internet research, data entry, graphic design, content writing, and translation and editing are some of the most financially rewarding freelancing fields.

As you can see, there are plenty of ways that you can make money and capitalize on your love of travel. A sense of adventure, the wherewithal to take risks, and an internet connection can mean the world is quite literally your oyster.

Do you have any ideas to add to this list?

Common Courier Mistakes to Avoid

StrategyDriven Tactical Execution Article |Courier Mistakes|Common Courier Mistakes to AvoidWhether you have set up a business that exists entirely online or you are moving into the position of having your products shipped out, there are some common mistakes that are always going to be worth avoiding. In this blog post, we are going to be looking at a few of these in closer detail to help you avoid repeating them yourself.

Not Training Your Drivers Properly

Driver training should be treated as a priority as these are the people who are actually going to be getting your packages from A to B and interacting directly with your customers as well. In terms of safety, a fleet defensive driving course is certainly a great starting point. You should also train in areas such as the proper practices for the loading and unloading of a vehicle, as well as how to manage a route in real-time. Don’t forget about the customer service element of the job as well. People are going to remember how they are greeted by their delivery driver when it comes to thinking about whether or not they will order from you again.

Using Poor-Quality Packaging

Packaging may not be a detail that you have thought about too closely, but it is certainly one that is worth bearing closely in mind. Instead of just choosing the first box you see that seems a roughly appropriate size, instead you should test is properly to see how well is does in transit. You should also ask questions of how easily it fits together and if it is going to fit through a mail slot or not. You should also consider the padding in the package that helps to ensure the item does not become damaged along the way. Of course, if your product is easily breakable, this is bound to be even more important.

Not Focusing on Attention to Detail

When you are shipping out packages, it may seem like there are a million and one different details that you have to pay attention to. If you do not juggle them all effectively, this is where problems can start to arise. You have the weight, size, package type, and all the associated costs to factor into it. Also, ensuring that you take a correct address from a customer is important, and you should also think about the distances that will be covered.

Not Estimating the Delivery Time Correctly

While next-day delivery services have revolutionised the industry in a big way, many people are simply happy knowing that their package is going to arrive with a clearly established timeframe. Therefore, you should do everything that you can to ensure an accurate estimate of when that important package is going to drop through the mailbox. Think about the different speeds of delivery service that you are going to offer and how easily and realistically that you are going to be able to achieve all of them.

Avoiding these common courier mistakes can seriously help you achieve successful deliveries.

Rookie Mistakes Every Entrepreneur Should Avoid

StrategyDriven Entrepreneurship Article |Entrepreneur Mistakes|Rookie Mistakes Every Entrepreneur Should AvoidIf running your own business is your ultimate career dream, then enhancing your entrepreneurial skills should be a top priority. In many ways, it’s easier than ever to set yourself up as an entrepreneur, but this doesn’t mean that success naturally follows. If you want to succeed as a business owner, it’s important to know how to launch a start-up, secure investors, and develop a brand.

However, it’s equally important to know what not to do! With this in mind, take a look at these three rookie mistakes every entrepreneur should avoid and start building your business now:

Not Managing Your Reputation

As an entrepreneur, your personal brand has a significant impact on your commercial success. After all, you aren’t just building a business; you’re establishing yourself as a thought leader and industry guru too. Due to this, you need to be acutely aware of your personal brand and manage your reputation accordingly.

In today’s online world, everyone has an online reputation, but few people actively manage it. By ignoring your digital reputation, however, you could be harming your future career prospects. Conversely, taking steps to implement a reputation management strategy with specialists like Reputation Defender allows you to take control and nurture a positive reputation that will help you to succeed.

Working Too Hard

Entrepreneurs are known for their work ethic, and you’ll often hear of business owners who spend 16-18 hours working every day. However, working too hard can be extremely damaging to your health and, ultimately, to your business as well. While there’s no doubt that you’ll need to put the effort in if you want to be a leading entrepreneur, it’s essential to find a work-life balance.

By using time management strategies to maximize your output, prioritizing downtime, and making time for other interests and hobbies, you can ensure that your entrepreneurial interests don’t take over your life. As a result, you’ll protect your physical and emotional well-being and even enhance your commercial performance.

Moving Too Fast

When you have a great idea for a new business, you’ll want to get it up and running as quickly as possible. After all, it’s important to strike while the iron’s hot and launch your brand before competitors have a similar idea. Although timing is critical to success, moving too fast and launching a business before it’s ready can have disastrous consequences.

Without the right team in place, you might struggle to deliver the service that your customers expect, for example. If you don’t have sufficient funding, you may be unable to fund your operations. Similarly, a lack of marketing can make it hard to engage with your target audience. There are numerous different aspects to consider when launching a business, so take your time to get things right if you want to reap the benefits.

Becoming a Successful Entrepreneur

It’s easy to assume that all entrepreneurs are overnight success stories, but the reality is very different. In most cases, people work diligently for years to develop their skills as a business owner, so don’t panic if it takes some time for you to achieve the same. With hard work and dedication, however, you can increase your profile, achieve commercial success and establish yourself as a successful entrepreneur.

4 Tips On How to Design a Presentation that Will Impress Your Audience

StrategyDriven Practices for Professionals Article |Design a Presentation|4 Tips On How to Design a Presentation that Will Impress Your AudienceFor most people, the sole idea of standing in front of an audience, presenting something, is terrifying. Even so, most have to do this in their lifetime – and more often than they can anticipate. It’s very unlikely that a student will go through the educational system without being asked to present something, or that a person will get a higher position at work without the need to present their ideas to others.

That being said, everyone needs to learn how to create quality presentations. In presentations, the tools used in the process and the presentation itself make the biggest impact.

Now you’re probably thinking – and what about the presenter’s speech?

Yes, this is equally important, but you can hardly make a badly designed, messy presentation look good even if you are the best speaker. This means that everything starts with the presentation.

How to Design the Perfect Presentation

When you have a ready presentation, one that perfectly and concisely captures the information, and looks amazing, your job is almost done. You can prepare your speech thanks to the ready presentation, and engage the listeners with the carefully thought-out design.

Now, how do you make a great design for your presentation? This is what this article will explore.

1. Smart use of visuals

Visual aids are used to attract the listeners’ attention and compliment your oral presentation. The goal is not to repeat the same information, but to put an emphasis on the most important things and help the presenter with their speech.
The slides in a good presentation offer a summary or a visual element that supports the data that the presenter discusses. How you arrange them and which visuals you use can have a huge impact on the audience’s engagement, as well as the presenter’s success.

Let’s see some tips for the visual elements in your presentation.

Pitch’s writer has pointed out one highly important thing when designing a presentation – visual consistency. As their guide says: “slides don’t exist in a silo”. To create a presentation, you need slides that work as a unit, which requires the perfect layout, content, design, and structure. This is why your priority should be to build consistency into the presentation from the start, to avoid endless revisions afterward.

Some excellent tricks to make this possible, according to Pitch, are slide frames and backgrounds. Even if you provide different information in different slides, you can make it consistent thanks to patterns, shapes, and similar or same backgrounds across slides.

This requires a creative touch and some experience so, if you’re struggling with creating a consistent structure, you might want to use Pitch for assistance. The tool allows you to simply add your colors, fonts, and other brand elements, and create an amazing design without any troubles.

Some other tricks related to the visual elements of your presentation are:

  • Keep it simple. Over-cluttering your slides can only distract the audience, as well as the presenter. They simply ruin the design.
  • Remember that one picture can tell a thousand words. Instead of writing endless content, find the perfect visual that will present that same idea.
  • Think about accessibility. Using visuals is not just about using quality images, colors and fonts. It’s also about putting them on the slide. Can everyone see the visuals? Are they clear? Do they hide the content or vice versa?

2. Flowing structure

The visuals you use, as well as your speech, should be guided by the structure and content of the presentation. In most cases, presenters know what they want to say before they sit down to create it. However, many jump right at it without considering the structure, flow, and order of information.

This is where the mess happens.

Since presentation-making includes content creation as well as design, it’s important to plan it ahead. It’s similar to any other piece you create, just like the academic content you wrote at school. It is ideal to have an outline first.
How well you structure your content will have a huge effect on how good the presentation looks. This will also determine a lot of your design i.e. where you place the visuals, how you create font hierarchy, etc.

One general rule-of-thumb for structuring presentations is:

  • Start with a compelling introduction. Amazing presentations always start with attention-grabbing introductions. Unless you get their attention from the start, your chances of getting them interested in your speech are much lower. This is why this is the trickiest and most important part. It needs to introduce the topic interestingly, provide some facts, and engage the audience.
  • Offer a body of evidence. Once the audience knows what you’ll talk about and are eager to keep listening, it’s time to throw all the key information at them. Use evidence, facts, quotes, and everything else necessary to back up your main points. If there’s too much content in this part, reduce it to the most important parts, and use visuals to make it more appealing.
  • Sum things up. Now it’s time to end your presentation, so sum it up with key takeaways, and don’t forget to ask your audience if they have questions.

StrategyDriven Practices for Professionals Article |Design a Presentation|4 Tips On How to Design a Presentation that Will Impress Your Audience3. An acceptable amount of content

In presentation-making and designing, less is more. You can’t just take the guide, book, or content you need to present and copy it into hundreds of slides. Okay, you can do it – but you definitely shouldn’t.

You also shouldn’t fill the entire slide with tons of content. Many do this and when the presentation begins, they read it word for word. That’s not how presentations should work.

The actual, tangible presentation on the screen should serve as a guide for the presenter. It’s you who has to share the information vocally, not write it all on the screen.

Even if your first content draft includes tons of data, that’s why edits are there for. You can write down everything you want to share at first, and reduce it gradually as you are designing your presentation. Ideally, you should limit the amount of copy on every slide you create to the very minimum.

Slides in your presentation should include only the key data. You should use it to point out the most important things and make them longer-lasting in the eyes of the audience. You should use it to list numbers that your audience might want to write down, or to emphasize things with percentages, quotes, and data.

When you’re creating the presentation, think ‘bite-size’. Present the information in chunks and, wherever possible, use visuals to complement the text. Inc.com reports that content that includes images produces up to 650% higher engagement compared to text-only content.

Just imagine – you are in the audience and someone talks for an hour by showing slides full of text all the time. Compare this to an experience where you can see charts, tables, images, and even videos. Which one sounds better?

It’s the latter, of course.

In terms of words in a slide, there are many opinions of the ideal number. For example, Pharmacoepi’s research shows that you need to use up to 30 words per slide. The popular 1-6-6 rule (or variants such as the 1-5-5 or 1-7-7) say that your slide should have 1 main idea, 6 bullet points, and 6 words per bullet point.

These aren’t rules and shouldn’t be taken as such. In fact, no one can tell you what the ideal word count is per slide, and it’s not obligatory to use the same system throughout your design.

In the end, it all comes down to your content, design choices, and preference. But, you should still keep your content more limited.

4. Right choice of fonts

Fonts are a tricky business when you need to present limited content, emphasize the key information, and make it visible from all angles. There are plenty of things to consider. If used properly, the font can make your design amazing. Here are some tricks that could help:

  • Find the right contrast between the background and your font. If your font and background don’t fit, it won’t really matter what you put on the screen. It can be hard to read, look bad, or annoy your audience. You don’t want any of this. This is why you need to find just the right combo, the perfect contrast between your font’s color and the background.
  • Use the standard fonts. It can be tempting to use those silly, bolded, or unusual fonts when you make your presentation. You may even think: “this will make it more unique and memorable”. But in most cases, this results in illegible presentation or messy content. This is why it’s safest to stick with the standards, fonts common for all computers (such as Arial, Verdana, or Tahoma). If you don’t, one big issue can occur – the computer you’re using might not have the font installed, and it will substitute it with something that doesn’t fit instead.

Wrapping up

Presentations can have a huge effect on the audience, as well as the presenter’s success. They can help you present your findings, make arguments, convince people to take action, guide them, motivate them, etc. But, to achieve all this, they need to be amazing. One huge part of it is the design. This is where you should get started – and focus on. Good luck.

Planning a successful MBO?

StrategyDriven Starting Your Business Article |Successful MBO|Planning a successful MBO?An MBO or MBI can give you the opportunity to step up from senior manager to business owner. How do you plan a successful MBO?

What is an MBO and why might a business go for a MBO

When a business is purchased by the management team within the company by borrowing funds, this is referred to as a Management-Buy-out (MBO). Generally, MBOs are only partially financed with private assets by the management. Most of the money used to buy out the current owners is provided by banks and financial investors.

A business might decide in favour of a MBO for various reasons. One might be that the current owners of the business decide to retire or withdraw from the company. It can also be a move to release divisions in large-scale companies that are no longer considered significant to the overall brand.

For management teams it can mean greater financial rewards and more influence in the decisions that the company makes.

In general, business owners often welcome MBOs, since they can be confident that management is extremely committed to the success of the brand.

Management Buyout (MBO) vs. Management Buy-In (MBI)

The terms Management Buyout (MBO) and Management Buy-In (MBI) can seem confusing since they sound similar. However, they are very different. Instead of management buying the company, during an MBI a company is bought by external managers and the existing management team of the company is replaced.

How is an MBO funded?

Since the management team is usually not able to purchase the company themselves, the money for the sale needs to be raised. Substantial funding is required for management buyouts. For this reason, management looking to buy the firm will connect with investors, banks, private equity firms, and possibly mezzanine lenders. This means that outside entities gain some financial control over the company.

How is an MBO undertaken?

A MBO is a long process, which typically takes many years to complete. For a successful MBO it is important that the management team has enough experience and is regarded as trustworthy by the owner of the company.
A management team within a company usually has a deep understanding of the brand that they are looking to purchase. This makes an MBO a good option for a buyout in many cases and gives managers the chance to purchase all or part of a company and gain more influence within that firm. While funding typically has to come from investors, which may give external entities some control over the company, management will still be able to invest in a brand that they are already committed to and very familiar with.