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6 Ways To Become The Greatest Asset Of Your Business

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6 Ways To Become The Greatest Asset Of Your Business

A business is only as good as the people that comprise it. There are a lot of moving parts and approaches to consider when plotting an upward trajectory for a company. Let’s not forget about the most important asset any firm can have: it’s employees. This includes you!

If you want to help your business succeed, you need to invest in yourself. Work on improving yourself and you will inspire your team members to do the same. Your business will benefit as a result. Here are 6 ways to make yourself the greatest asset of your business.

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1. Improve your health and energy levels

Work days can be long and stressful. Without the health and energy to make it through a day, you will never be able to do your best work and help your company thrive. Follow Anna Shelley’s advice and ask yourself every day, “What is one thing I can do today for my health?” Go for a walk. Eat your veggies. Drink more water. Get enough sleep. There are limitless options to choose from.

2. Establish successful habits and routines

Willpower is a finite resource. Habits are different. Habit, once attained, become automatic and no longer need willpower to keep up. What successful habits and routines would you like to add to your day? Kyle Hart provides a list of 16 everyday habits of productive people as a reference. Whatever habit you decide on, keep it up for 66 days. This is the average amount of time it takes to form a new habit. From maximizing your downtime to growing from mistakes, habits make a big difference in your professional and personal life.

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3. Learn how to give and receive feedback

The world is changing and evolving. The only way a business can keep up, is to adopt a culture where people feel open to giving and receiving feedback. In a world where one person’s opinion can make or break your reputation, immediate response to internal and external feedback is necessary. Feedback is how people and businesses learn what is working and what isn’t. Feedback is how companies and people know what needs to change. Follow David William’s tips to give constructive feedback while avoiding ugly confrontations.

4. Be a self-starter

One of my first managers, Paul, told me something 15 years ago that I still remember to this day. When I asked his approval to spend time researching a project idea, he said “Ravi, it’s better to beg for forgiveness than to ask for permission!” His point was that in a busy workplace, instead of looking for approval, be a self-starter and do the work. Even something simple lying laying out an idea and passing it along to your management shows initiative. If you are convinced of the value of what you are doing, recommend a course of action to your bosses instead of just asking for permission to look into something further. People place value on employees and managers that take action.

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5. Prioritize your work for efficiency and impact

In a busy world, prioritization is an all-important skill. The Pareto Principle states that 80% of results are produced by 20% of efforts. How can you apply this to your own work to help you focus on the most important tasks? Take out your to-do list (or write down all the things you need to get done at work). Prioritize this list based on which are most important to your business. Circle the top 20% of tasks and committ to spending the majority of your time and effort on them. You can apply this method to simple tasks or a set of big projects you are working on.

6. Work with a coach

Almost every world class performer – in sports, the arts or business – works with a coach. A study by the International Coach Federation shows that “coaching generates learning and clarity for forward action with a commitment to measurable outcomes. The vast majority of companies (86%) say they at least made their investment back.” Eric Schmidt, the former Chairman and CEO of Google, goes a step further, saying that having a coach was amongt the best advice he ever got. If you don’t already have a coach, find someone to help coach you to help turn yourself into the greatest asset of your business.

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Last Updated on January 13, 2022

15 Best Places for Expats to Live (And Why)

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15 Best Places for Expats to Live (And Why)

Many of us dream of living abroad but can often be scared to make such a big change to our routine lifestyles and leave our home countries behind. Daunting as it may be, living abroad can be a rewarding and fulfilling endeavor and can give you the quality of life you have been looking for.

From a warmer climate to a more easy going way of life, there are many foreign countries favored by expats who stay for a long time – and sometimes forever. Taking into consideration livings standards, opportunities and social aspects, here are our top 15 best places to live as an expat and why.

1. Thailand

A hot spot for expats, the ‘land of smiles’ as it’s commonly known offers expats a tropical climate, a huge array of sandy beaches and islands to explore, and a rich culture. The cost of living in Thailand is extremely low, and when combined with the friendly tax system means that disposable income can be very high.

Bangkok, Thailand’s capital city, offers expats great employment opportunities.

2. Switzerland

Another popular destination for expats, Switzerland offers exciting employment packages and a high standard of living. It’s great for those who love the outdoors, as there are many beautiful lakes, mountains to hike in and skiing in the winter. The school standards for expats are also excellent, making it appealing for those with children. English is also widely spoken so day-to-day living can be stress free.

Unemployment in Switzerland is low and expats moving here don’t need to worry too much about finding a job before they arrive.

3. Australia

Many foreigners who visit Australia don’t want to leave as it offers a great quality of life, beautiful beaches and a warm climate. Making friends in Australia is easy too, due to the lack of language barrier and the large number of expats who already live here. Australia is a great place to move to if you have children because of its wide range of schooling possibilities and recreational outdoor activities.

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Low population levels and high quality of life are two of the main reasons expats choose Australia as a place to live.

4. Singapore

Expats in Singapore can benefit from generous financial packages, great career opportunities and low tax rates. Although education is expensive here, it is rated one of the top places for raising children abroad due to the quality of the education system and the array of schools.

Public transport such as buses and MRT (Mass Rapid Transit) are cheap and very reliable in Singapore.

5. South Korea

South Korea offers expats a unique range of opportunities and a very different way of living. Jobs for expats are easy to find and usually very well paid, with apartments provided by the employer on the most part making living costs even lower. There are also many tight-knit expat communities in South Korea, making it easy to socialize and meet new friends. The excellent education system is also a pro for families wanting to move to this culture-rich country.

South Korea has a cheap public healthcare system and offers great medical care, with most doctors speaking English.

6. New Zealand

New Zealand is constantly on the lookout for skilled workers to expedite to the country – especially those under the age of 30 – and skilled migrants can be granted a stay for up to five years. It offers a good climate and although income levels can be lower than other countries, quality of life is high, with its awe-inspiring scenery, low crime rate and state sponsored healthcare.

New Zealand is great for those looking for a laid back and active outdoors lifestyle.

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7. Canada

Its national healthcare system, friendly locals and very high quality of life are just a few of the reason expats choose Canada as a place to live. It’s very welcoming to expats and skills shortages encourage foreigners to move here in order for the country to grow economically. It’s easy for expats to feel comfortable quickly in Canada due to its multicultural environment.

Canada was largely unaffected by the economic crisis, making it a very popular country for expats.

8. Qatar

Qatar is becoming increasingly popular among expats with an estimated 500 new arrivals every day. The salaries are generous and are tax free too, making disposable income very high. Car and housing allowances are part of many remuneration packages, and education for your children and airfares are often included.

The cost of living is lower in Qatar than in other UAE countries but salaries can still be just as generous.

9. Hong Kong

Where east truly meets the west, this bustling island has a population of over seven million people. If you’re looking for a fast-paced environment and an active nightlife, Hong Kong is definitely the place to be. Benefits for expats include its advanced healthcare system and elevated standards of schooling for children, along with great employment opportunities. The cost of living in Hong Kong can be high, so trying to negotiate a housing allowance with your employer can be beneficial.

Hong Kong is great for those looking for high incomes and career advancement.

10. Japan

As an expat destination, Japan offers a rich culture and a chance to experience a very different day-to-day life. Currently around two million expats live in Japan, and in the larger cities such as Tokyo a large portion of the population speaks English. English speakers are also in demand and there are a large number of opportunities for language teachers, especially in the capital.

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Japan offers a high standard of living for expats and a good education system for those with children.

11. Spain

Spain is a very popular destination for expats due to the high temperatures and year-round sunshine. EU residents don’t require a visa to work here, meaning the move can be a lot easier. Skilled foreign workers also continue to be in demand with jobs such as engineering, customer service, skilled trades and language teachers widely available.

A huge 14% of Spain’s population are expats from a variety of foreign countries.

12. Dubai

Two of the main attractions of moving to Dubai are the tax-free salaries and the warm climate. Some of the most popular jobs for expats are in construction, banking, oil and tourism. You can also enjoy a busy social life in Dubai as the expat community is thriving. Although it can be an expensive country, the tax-free salary means you experience a higher quality of life than in other countries.

You will need a work permit, residence visa and an Emirates ID card to live in Dubai as an expat.

13. Germany

Germany is one of Europe’s most populous countries, with around 82.4 million people. It’s a lively and inexpensive country to live in as an expat, and if you have children the education system is great and healthcare is to a high standard. An estimated 250,000 expats live in Germany currently, with the numbers rising every year.

If you are already an EU citizen, you don’t need a visa to live and work in Germany.

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14. The Netherlands

The Netherlands is a great place for expats who love the outdoors. Cycling is one of the main modes of transport and looking after the environment is widely recognized. There are a lot of English speakers in the Netherlands too, but learning the language can work to your advantage and make day-to-day life that little bit easier. Skilled expats can also benefit from a tax-free allowance equivalent to 30% if they meet the correct criteria.

It is often more important to be able to speak fluent English than to speak Dutch when looking for employment in the Netherlands.

15. China

China offers expats great employment opportunities with little competition. Those who embrace the culture and decide they want to live in China long term can see a host of employment opportunities as its economy is growing rapidly every year. Economists predict it will overtake the US as the world’s largest economy by 2018. China also offer expats low living costs and high disposable incomes, which is why many look to live here for a higher quality of life.

Shanghai and Beijing are the most popular destinations for expats who live in China.

Featured photo credit: Saulo Mohana via unsplash.com

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