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How to Hack Your Job

How to Hack Your Job

If going in to work is starting to feel like a depressing chore rather than something enjoyable and challenging, you’re not alone – almost ¾ of employees are reportedly unhappy with their jobs. Maybe it’s time for you to rethink where you’re at in terms of your career and your chosen job – and fortunately, there are more opportunities than ever for a job that’s unique and customized to you. Many companies are beginning to realize that the current workforce isn’t a one-size-fits-all situation; many valuable employees are eschewing the traditional 9-to-5 office cubicle and searching for a way to create their best work on their own terms.

As a sea change occurs within traditional office roles, many industries may be left playing catch-up when it comes to attracting top talent. With freelancing and small business becoming lucrative options, and more workplace environments becoming receptive to innovative alternatives, there’s never been a better time to figure out just how you can make your job work for you.

Why the Modern Job Needs to be Hacked

There’s something to be said for the status quo – it keeps things in line; it offers stability; people know that it works. And in the case of the workplace, it can be hard to let go of the status quo – that is, the methods and processes that have gotten a company this far. However, as the workforce becomes upended by new expectations and innovations, many employees are beginning to want something more.

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As seen in The New Face of the American Workforce, with the rise of the Internet has come a wave of outsourcing and collaboration. Companies have begun to realize that they can attain solid work from outside parties, which saves them the costs that would normally go towards fully tenured employees. These outside parties – many of them freelancers – have also benefited from this arrangement, because it offers them more freedom and creativity than being constrained by the traditional employment situation.

Simply put, if you’re a business owner and you want your company to thrive, it’s a good idea to start adapting creative solutions to ensure that your staff is happy to come to work. And if you’re currently an employee stuck in a job that isn’t moving the way you want it to, then it’s time to take action and figure out what you can do to keep yourself motivated. After all, you spend much of your life at your job – you want it to be something you enjoy doing.

The Inside Job

This article from BBC.com defines hacking your job as “breaking the rules, typically in small ways, to net you greater efficiency from the working systems you’re stuck within.” If you’re firmly set inside the working world and want to look for ways to improve it – and your workday as a whole – here are some job hacks you can try:

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Invest your time in learning new software solutions to make work easier. This is one of the top workplace hacks to help make you more efficient, as well as removing an obstacle that can drag your day down. If you find that certain work programs are slowing your progress, start looking for similar alternatives that you can switch to. The BBC.com article uses the example of much-maligned office software like Microsoft Excel and Sharepoint, and suggests using Google Docs and Dropbox instead. If you step away from standard software, you might find your productivity increasing.

Outsource tasks you hate. In many positions, there will be a certain amount of drudgery that you’ll have to undertake. But in a lot of areas, you should feel free to delegate or outsource tasks you dislike doing unto other people. This article emphasizes the need to “relinquish control” and spread the work out so you’re not overloaded, and a similar piece at Entrepreneur agrees that if you choose to outsource, you can free up your schedule while maintaining quality control.

Make time for individual side projects. The Entrepreneur article author has this to say, and he’s not wrong: “Side projects are fun. They’re passion projects. They help me stay creative, empower me to make mistakes without consequence and provide me new opportunities to learn.” If you’ve got enough time on the side, try devoting yourself to learning new software, attending a class online or in the evenings, finding initiatives to give back to the community, or simply putting aside the time for a separate creative pursuit.

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Maintain regular office hours. Be strict about when you will and won’t be in the office. It’s all too easy to come in early or leave late, but that just creates the perception – for both yourself and others – that you have no other life besides your job. Put in your hours of hard work, then clock out and spend your off-time with family or non-work passion projects. This balance will help put an even priority on both your work and your home life.

The outside options

As the workforce continues to change, ideas about staffing changes with it. Although most companies do have a roster of full-time employees, many are continually searching for a more cost-effective alternative. This is where you can come in: If you’re having a difficult time hacking the modern-day office to make it work for you, perhaps it’s time to hack your job into a position where you work for yourself.

Freelancers are without a doubt one of the fastest growing segments of the working population. For many, the idea of getting away from full-time employment, making one’s own hours and choosing one’s clients is irresistible – and becoming more of a potential reality than ever. This Intuit report on business trends states that contingent workers will make up more than 40 per cent of the workforce by 2020, possibly in response to full-time and full-benefit jobs becoming scarce. The time might be right for you to move away from the office and start channeling your skills into freelance work, particularly if you look to the technology, journalism, and marketing sectors. And with the growing popularity of co-working spaces, freelancers can still feel like part of a social office environment without the obligations.

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Startups and other small business ventures is another route you can take. If you have vision that has outgrown being a side project, you may want to consider going forward with bringing it to life as a legitimate business. If loving what you do means never working a day in your life, maybe having your own small business or startup is the key to making your passion into something bankable.

Don’t Be Complacent With A Stagnant Job

With so many options and types of employment currently available, there’s no need to feel stagnant at a job that doesn’t feel satisfying. Instead, try hacking your job in small, manageable ways to make your day more fulfilling and productive, or else go in a new direction entirely and create a job situation where everything is in your own hands. Hacking your job is something that may just be vital for anyone in the modern-day workforce, and it could just make you a better employee in the process.

Have you ever performed any job hacks?

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Last Updated on May 28, 2020

How to Succeed in Business: 10 Skills Every Entrepreneur Needs

How to Succeed in Business: 10 Skills Every Entrepreneur Needs

Learning how to succeed in business used to be a case of being really good at one skill or area and milking it for all its value. Today, we are fast becoming a “skills economy”[1], driving trends in employment and even the way we approach entrepreneurship.

To succeed in today’s business landscape, business owners and executives need to possess a mix of skills that enable them to stay ahead and adapt to change.

1. Digital Savviness

As the adage goes: “If you’re not online, you don’t exist.” Today’s entrepreneurs need to take to the internet to increase their presence and to remain relevant in an evolving business landscape.

Companies like Amazon, Netflix, Airbnb and more are a testament to the disruptive impact of technology and the new image of what it means to be a skilled, successful professional. Think about today’s Mark Zuckerberg versus a banker from the 90s.

Being able to quickly adapt to new technology, like cloud applications and collaborating remotely across the internet, is fast becoming the expected norm for executives.

For businesses, discoverability on the web is becoming a quick litmus test for credibility. Potential customers and investors bank on the first page of Google to make up half their minds about making further transactions with a business. GE Capital Retail Bank found that 81% of retail shoppers conduct online research before buying[2].

How to Develop This Skill

For a start, begin by hosting your website and reserving all of your brand’s handles across social media platforms. While hiring a web developer might sound like the next step, consider first hosting your company’s site on more user and budget-friendly options like Squarespace, Wix, or WordPress.

From here, you can start on some simple search engine optimization techniques that will increase your discoverability over time. Through keyword research, organic content creation, and external back-links, your site will, eventually, slowly but surely garner more traffic.

Note, however, that an increase in search traffic does not immediately imply an increase in revenue. But it’s a start for delving into customer conversion rates in the future.

2. Financial Forecasting

Let’s face it, many business owners feel that time could be better spent on developing and running the business instead of planning for it financially. However, a financial forecast serves as a roadmap for shaping any kind of business and is not just reserved for the likes of listed companies providing financial guidance to shareholders.

Largely, forecasting and planning your financial goals will give you a clearer idea of resources required and ways to measure success. It can also provide assurance to investors as a testament to the thorough research and planning you have done when included in business plans.

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However, inaccurate forecasts can lead to livid investors and mismanagement of expenses, which could potentially result in financial teething problems. When creating a detailed financial forecast, a rule of thumb is to always start with your expenses.

How to Develop This Skill

Generally, it is easier to calculate and predict your expenses compared to your revenue, so noting down your expenses is a starting point to benchmark how much you might need to generate in sales to turn a profit. It is a good habit to regularly update and evaluate how adjacent your operations are to what you have forecasted.

Building a precise set of growth forecasting will take time, but, remember, you are an investor in your own business. You must have confidence in the validity of your business concept.

3. Video Production Skills

The rise of visual mediums and the dopamine boosts it gives to users has long been researched and proven as providing an unfair advantage to businesses that leverage it[3].

If you’re a heavy user of social platforms like Facebook, LinkedIn, and even YouTube, you’ll know that it’s pretty hard to stop once you get started on a binge-watching session.

In fact, video marketing is seeing a non-stop rise in popularity and effectiveness when used in conjunction with social media to drive traffic and boost conversions[4]. According to research, by 2019, 80% of global Internet consumption will be video content[5]. With video marketing becoming more ubiquitous, businesses that fail to leverage the power of video are almost certain to lose out.

How to Develop This Skill

Some ways to get started with using videos for your business would be:

  • Creating a series of educational videos that cover useful information for your audiences
  • Live videos interacting with your community at large (these can be shot on your smart phone)
  • Using videos on landing pages to boost your customer conversions

4. Benchmarking Personal Goals to Business Performance

As far as you get into achieving endeavours on your business bucket list, it’s important to remember that being an entrepreneur is just one facet of your identity. Don’t forget why you started in the first place.

Ambition usually stems from some lifestyle goals you’ve always wanted for yourself and the people you might be providing for today or in the future. Working 24/7 is a surefire route to burnout and may manifest in an unhealthy interaction between partners and employees as well.

How to Develop This Skill

Money can’t be your only motivation, but look into the positives of how having more financial freedom and time can impact your life. In the short term, involving your interests in your businesses can make everyday tasks feel less like mundane errands. In the long run, your business may also bring you fruitful rewards, including personal fulfilment.

Set realistic income goals to manage expectations for your performance and your company’s revenue, especially during its earlier stages. See how projected growth can align with your personal goals and make adjustments accordingly to maintain a balance between growth and your personal values.

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5. Leveraging Healthy Competition

Some of the best athletes who have spent their careers neck-and-neck with each other have changed the standards in their respective sports. The notion of healthy competition applies to the business world more than it may seem on the surface.

Innovation has always been a key driver in free markets, which were intended to boost economies and provide customers with more choices. Just like the biggest sporting rivals that build on each others’ game, you can use your biggest competitors to hone your strategies.

How to Develop This Skill

Turn a competitive market landscape into an advantageous one by leveraging on long-established systems your business proposes an alternative to. Learn from the mistakes of predecessors once you discover their product or service loopholes.

For example, the Dollar Shave Club’s viral video[6] became a big hit because it hit the right buttons of consumers being tired of purchasing expensive but low quality shavers from incumbent retail giants. Going in second meant they could fill a gap competitors might not even have been aware of.

Apart from lifting off from what could have been your second-mover advantage, solidify your place with your business’ own first-mover advantage — whether you’re tapping into a new geographical region, unexplored market sector, or introducing a business model that proves more viable than others. There’s always room for improvement in business from mature markets to newly emerging ones.

6. Honing Pitches to Investors

Stand out in a broad mix of budding entrepreneurs by mastering the art and science behind a solid investor pitch that can determine the acceleration of growth for your business. Get comfortable talking about your ideas and receiving feedback or questions from peers, partners, and advisors before setting out to make a good impression on potential customers and eventually investors.

The phrase “If you can’t convince them, confuse them,” will certainly never get your business funded, especially in front of seasoned venture capitalists who have seen thousands of startup pitches. You should be able to deliver a quick elevator pitch that summarizes your unique proposition and its market viability for casual meet-ups[7] because you sometimes only have a few minutes to make a good impression and move on to another meeting.

How to Develop This Skill

Develop your investor pitch deck by highlighting your business’ strongest points, which will vary for every funding round. Create your deck with the investors’ interests in mind, balancing technical jargon and buzzwords.

You can also introduce your diverse team of experts, some proven traction, or the current state of the market to demonstrate profitability and the attractiveness of the opportunity to investors.

Ensure each slide flows into the other to develop a persuasive narrative, utilizing consistent and intelligent design principles to support your content.

7. Developing a Strong Brand Identity

In a world of saturated content and numerous emerging businesses that offer similar service lines, developing a unique brand identity will help you cut through the noise and stand out from your competition. From aesthetics to the body of clients you’re associated with, these contribute to how you’re perceived by prospects looking to buy.

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Evaluating your brand identity is linked to identifying your target customers, your business goals, a proposed promised land your solution achieves, and identifying values that are aligned to these components. Brand identity serves as a guide to maintaining consistency and creating an image you want your business to be associated with.

How to Develop This Skill

Efforts to strengthen your brand identity are closely tied to giving marketing strategies a direction. By knowing what makes your target customers tick, their values, ideals, and behavior, you will be able to elevate your business from simply being a service or product to be utilized into a projected brand customers and partners would be happy to identify with.

8. Automating to Your Advantage

The need for efficiency is often the general problem new businesses aim to resolve across all markets and industries. Assure that your proposed solution is more efficient than what’s readily available in the market to instill the need for it.

Efficiency is often achieved nowadays through digitalization and new technologies. While your product or service may not necessarily be the most innovative out there, you can apply the same automation concept across your business’ daily operations.

How to Develop This Skill

Shorten turnaround times and conversion rates by investing in small tools for automation where you deem fit. While it may come out of your pocket in the early stages, evaluate the holistic advantages and benefits of automating certain processes. At our office, we’ve tried using collaborative apps like Workplace by Facebook, Slack, Asana and a few other popular apps to reduce human error and friction.

9. Managing Millennials

Your team plays an integral part in whether your business will accelerate at breakneck speeds or be dragged down by dead weight. Hence, it is imperative to be selective and strategic when choosing your team.

In leaner small business teams, the addition of every new teammate can impact how your organization culture evolves.

Today, learning to manage millennials has become an increasingly sought after skill as well due to the increasing proportion of them in the workforce[8]. Some brand them as strawberries that are easily bruised and others loath their need for “meaning” and wearing t-shirts to work.

How to Develop This Skill

Naturally, there are many misconceptions surrounding millennials, and various businesses would do well to leverage their unique skills.

A couple of ways to manage a millennial team include:

Encourage a Flat Team Structure With Open Communication

Maintain clear professional lines between supervisors and subordinates but keep communication channels open to ensure no negativity festers.

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Offer Constructive Feedback

Baby boomers are well known for their straightforward approach to delivering feedback. Millennials, on the other hand, don’t always take feedback in a form that could be construed as deep criticism.

Being constructive with feedback ensures that we don’t coddle millennial workers but also tell them the things they need to hear.

10. Maintaining a Network of Connectivity

Instead of proposing a business that’s ambitiously and entirely disruptive to the supply or process chain in a respective industry, foster connections with other companies that cater to the same target customers as long as they provide a different service.

By creating partnerships, both you and other businesses thrive simultaneously through creative avenues for customers to utilize your products and services for a holistically improved user experience.

Sole market disruption isn’t always the best strategy to take. Not everybody has the opportunity, bandwidth, or financial capacity to dominate and monopolize a marketplace. See your potential for integration into other businesses and services as a good opportunity for co-collaborative marketing efforts with shared campaigns, split costs, and a strengthened customer database for everyone to tap into.

How to Develop This Skill

Regardless of the stage your business is in, never stop looking for ways to expand your network. Keep in contact with mentors you can look to for valuable industry advice that can help you avoid pitfalls and costly mistakes. Strengthen brand awareness by attending cross-industry events and casual meet-ups to open your business to reinvention and innovation.

As the African proverb goes:

“If you want to go fast, go alone. If you want to go far, go together.”

Collaborating will get you where you want to go quicker and gear you up for further growth.

More Tips on How to Succeed in Business

Featured photo credit: Tyler Franta via unsplash.com

Reference

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