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4 Traits of a Successful Business

4 Traits of a Successful Business

We all know that succeeding in business without really trying simply doesn’t happen, right? Creating a successful company requires focused effort from all stakeholders in many capacities. Most importantly, it requires a strategy for success that is adhered to by everyone involved, from the CEO down to the hourly employees. To get to this point, a company must have:

Clearly-Stated Objectives

A business should be all about turning profit, right? While this isn’t necessarily wrong, thinking that making money is the sole purpose of a business can potentially lead to disaster. Sales numbers are definitely a large part of what makes a company successful, but its marketing strategy should also be concerned with how they get these numbers.

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Members of a company need to be able to get their product or service noticed by their target demographic, as well as explain to their customers what’s in it for them. If one of these three factors is missing, the company runs the risk of failing altogether. When a company’s objectives are stated clearly and adhered to rigidly, it will ensure long-term success.

Diverse Talent

A team of any kind is made up of individuals who specialize in different areas. This specialization is necessary to the success of a company for a variety of reasons. No single person can do everything. It’d be impossible for one person to manage a business’ funding, website, inventory, and marketing strategy all at once. Also, the various employees hired to focus on these areas each bring individual talents, knowledge, and ideas to the table that will help the business succeed.

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As the head of a business, the most important thing to keep in mind is that you’ve hired each one of these specialists because of their talents in specific areas; allow them the autonomy they need in order to flourish, and your company will do the same. Bringing in diverse individuals with various specialties allows a company to focus on improving all aspects of the business, and in doing so maximizes its potential for success.

Inquisitive Nature

A company that doesn’t consistently ask questions of itself and its industry is doomed to stagnation and failure. To become – and remain – successful, a company needs to keep up with current trends (both on and offline) in order to better understand its customer base. Not only does a business need to understand its customers, but it also needs to be flexible and cater to their needs at all times (within reason). It can do this by reaching out to its audience throughout each stage of the business-consumer interaction. When a company shows it truly cares about providing the best possible service for its customer base, it will retain a loyal audience, and will also continue improving the service it provides.

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Innovative Thinking

The most successful businesses in the world didn’t wait for opportunities on which to capitalize to arise; they created these opportunities themselves. But, again, this should never be done solely with the almighty dollar in mind. Take Apple, for example. Twenty years ago, there was no absolute need to be instantly connected to friends, family, and coworkers at all times of the day; Apple and other such companies created this need.

I’m not here to weigh the pros and cons of this technological revolution. But I will point out that Apple has made it possible to instantly start a video chat with family members living on the other side of the world through their innovative thinking. Sure, Apple made a fortune by creating the iPod, iPhone, and iPad, but it did so by providing value to its customers. In creating a need that hadn’t previously existed, a company can fulfill each one of its business objectives in one fell swoop.

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Featured photo credit: Headshift business card discussion / Lars Plougmann via farm4.staticflickr.com

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Matt Duczeminski

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Last Updated on May 23, 2021

10 Best Free Job Apps You Need For Effective Job Hunting

10 Best Free Job Apps You Need For Effective Job Hunting

Seeking for the right job but not sure how to do it in a more effective way?

Try job search apps!

To make the job hunting process easier, I’m recommending 10 best job apps that can help you look for the right match anywhere at any time. The best of all? They’re all free!

1. jobandtalent

jobandtalent

    Great for browsing new jobs as you commute home via subway, bus or carpool, the jobandtalent app is like a Pinterest for job seekers.

    Easily browse, save and revisit job postings from your smartphone and receive notifications about jobs that match your professional qualifications.

    Download it for iOS and Android.

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    2. Jobr

    jobr

      This job hunting app is unique in that it lets you anonymously browse job listings based on your professional resume. If a company that you like also shows an interest in you, the app let’s you chat directly with a company rep. Great for getting your foot in the door and making a memorable impression.

      Download it for iOS.

      3. Monster Job Search

      monster job search

        I’m a big fan of Monster. It’s one of the first job sites employers think of when they want to list a new position online. The Monster Job Search app functions pretty similarly to the normal website, so it’s very easy to use for not-so-tech-savvy job hunters.

        Download it for iOS and Android.

        4. Jobs and Career Search

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        job and career search

          This is a good, simple app for browsing global locations for your next job. With a job index of more than 50,000 jobs listed globally, this app is a good choice if you are moving to a new area and want to line a new job up quickly.

          Download it for iOS.

          5. Hyper Networking Groups

          hyper networking groups

            This job hunting app isn’t so much a job hunting app as it is a connections hunting app. It’s great for learning who’s who in your desired field and forming connections. It also shows you how you and your industry connections are connected via your social networks, so you can follow up with them on your other social sites.

            Download it for iOS.

            6. CardDrop

            CardDrop

              CardDrop is an awesome job hunting app that let’s you digitally drop and pick up virtual business cards. This app is great for helping you make new connections at seminars, interviews, meetings and conferences. You can also attach social media profiles to the cards you pick up or send to enable easier connecting on social networks.

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              Download it for Android and iOS.

              7. Job Interview Questions

              interview questions both

                Okay, so this app looks kind of outdated, but it’s super useful for getting you into the swing of answering any kind of interview question that is thrown your way. The big benefit of using this app is that it explains to you what your interviewers motivations might be for asking you a specific kind of question. Learn what your interviewer is looking for in your answers and be more prepared for the real interview when the time comes.

                Download it for Android.

                8. 101 Interview Questions and Answers

                101 both

                  This app is great because it provides guidance about the kinds of answers you should give for each kind of question. Think of it as an essay rubric but for job interview questions.

                  Download it for Android.

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                  9. Job Interview Question-Answer

                  q and a

                    Feeling confident with your text-answered interview questions but concerned about doing the face-to-face interview? This app prepares you for interacting with your interviewer by simulating an employer asking you questions.

                    You can record your response and see what you look like to the interviewer to understand what movements, vocal pauses, etc. you need to work on.

                    Download this app for iOS and Android.

                    10. HireVue

                    hirevue

                      HireVue is a great job hunting app for those times when your interviewer wants to get some preliminary questions out of the way.

                      When an interested employer wants to interview you, they send you a request via HireVue and you can answer it in your free time, when you’re ready. Your interview might consist of a some FaceTime, some multiple choice questions or open-ended text answers and can be completed and sent to the interviewer when you’re finish.

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                      Download it for Android and iOS.

                      Featured photo credit: Yura Fresh via unsplash.com

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