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5 Powerful Excel Functions That Make Work Easier

5 Powerful Excel Functions That Make Work Easier

If you’ve just started learning how to use Microsoft Excel, you’ll probably have a lot of questions to ask about the functions of the program. Because let’s face it, despite being exceptionally useful, Excel can be a very complicated application. It’s like a hammer when your most frustrating reporting tasks at work resemble nails.

Aside from great Excel features such as flash fill, pivot tables, and conditional formatting, Excel also has a lot of powerful functions that will help save time when creating spreadsheets. Invest some time in learning to use Excel so you can prepare and manage complex reports, as well as perform what-if analysis on data like a pro!

To help you get started, here are 5 important Excel functions you should learn today.

1. The SUM Function

The sum function is the most used function when it comes to computing data on Excel. This function works to sum a group of numbers in a specific set of cells. This means you don’t need to type a long cumbrous formula just to calculate the sum of all the data you need. Because of its popularity, newer versions of Microsoft Excel have a button specifically for this function.

This function is performed by typing the formula on the function bar and highlighting the cells you want summed before clicking “Enter”. You also need to be careful in highlighting cells, as Excel will sum everything you include. If this happens, you can easily click the “Undo” button to reset the values back to its original state.

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SUM function

    The syntax formula for sum function is “=SUM” (number1, number2, etc.).

    In this image, the sum function for the cells C2 through C7 is obtained through the formula “=SUM(C2:C7)”, giving you the result of 33161.

    2. The TEXT Function

    Text function is a useful tool that helps convert a date (or number) into a text string in a particular format. It falls in the category of string formulas that converts numerical values to a string. It is handy when users need to view numeric data in a readable format. Take note that the “TEXT” formula only works to convert numeric values to text. Therefore, its results cannot be calculated.

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    TEXT FUNCTION

      The syntax formula for text function is “=TEXT” (value, format_text).

      • “Value” refers to the particular number you wish to convert to text.
      • “Format_text” defines the format of the conversion.

      In this example, the user uses a text formula to find the abbreviated day for the date “=TEXT (B2, “ddd”)”.

      3. The VLOOKUP Function

      VLookup is powerful Excel function that is often overlooked. Users will find it useful when they need to find specific data on a large table. You can also use VLookup to search for names, phone number, or specific data on your sheet. Instead of manually looking for the names and wasting time scrolling through hundreds of data, the VLookup function makes this process faster and more efficient.

      vlookup

        Image: spreadsheeto.com

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        The VLookup formula is “=VLOOKUP” (lookup_value, table_array, col_index_num, *range_lookup*).

        • “lookup_value” is the data you want to find.
        • “table_array” is the data column where you want to limit your search.
        • “col_index_num” is the column number within the table that you want to return a value from.
        • “range_lookup” is an optional argument that allows you to search for the exact match of your lookup value without sorting the table.

        4. The AVERAGE Function

        The average function is an extremely useful tool for getting the average value in a range of cells. Like the sum function, it is frequently used in computing and analyzing data on spreadsheet. Basically, the average function works to find the “arithmetic mean” for a group of cells. Aside from the average function, Excel also has the median and mode function.

        Average Function

          The syntax formula for the average function is “AVERAGE” (number1, number2, etc.).

          • “Number 1” refers to the first number in the range where you want the average.
          • “Number 2” is the additional reference of the average range. You can get an average of up to a maximum of 255 cells.

          Additional ­­Examples:

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          “=AVERAGE (A2:A10)” – computes the average of numbers in cells A2 through A10.

          “=AVERAGE (B2: B10, 7)” – computes the average of the numbers in cells B2 through B10 and the number 7.

          5. The CONCATENATE Function

          This function is a good time saver when you need to combine data from 2 or more cells. Unlike the merge tool which physically merges two or more cells into a single cell, the concatenate function only combines the contents of the combined cells. In the latest version of Excel ( 2016), the concatenate function has been replaced with concat function and will be incorporated in more future versions of Excel.

          Average Function

            The syntax formula for the concatenate function is “CONCATENATE” (text1, [text2…text_n]),

            • “Text1, Text2…text_n” are the data you want to combine.

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            Last Updated on November 15, 2018

            Success In Reaching Goals Is Determined By Mindset

            Success In Reaching Goals Is Determined By Mindset

            What do you think it takes to achieve your goals? Hard work? Lots of actions? While these are paramount to becoming successful in reaching our goals, neither of these are possible without a positive mindset.

            As humans, we naturally tend to lean towards a negative outlook when it comes to our hopes and dreams. We are prone to believing that we have limitations either from within ourselves or from external forces keeping us from truly getting to where we want to be in life. Our tendency to think that we’ll “believe it when we see it” suggests that our mindsets are focused on our goals not really being attainable until they’ve been achieved. The problem with this is that this common mindset fuels our limiting beliefs and shows a lack of faith in ourselves.

            The Success Mindset

            Success in achieving our goals comes down to a ‘success mindset’. Successful mindsets are those focused on victory, based on positive mental attitudes, empowering inclinations and good habits. Acquiring a success mindset is the sure-fire way to dramatically increase your chance to achieve your goals.

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            The idea that achieving our goals comes down to our habits and actions is actually a typical type of mindset that misses a crucial point; that our mindset is, in fact, the determiner of our energy and what actions we take. A negative mindset will tend to create negative actions and similarly if we have a mindset that will only set into action once we see ‘proof’ that our goals are achievable, then the road will be much longer and arduous. This is why, instead of thinking “I’ll believe it when I see it”, a success mindset will think “I’ll see it when I believe it.”

            The Placebo Effect and What It Shows Us About The Power of Mindset

            The placebo effect is a perfect example of how mindset really can be powerful. In scientific trials, a group of participants were told they received medication that will heal an ailment but were actually given a sugar pill that does nothing (the placebo). Yet after the trial the participants believed it’s had a positive effect – sometimes even cured their ailment even though nothing has changed. This is the power of mindset.

            How do we apply this to our goals? Well, when we set goals and dreams how often do we really believe they’ll come to fruition? Have absolute faith that they can be achieved? Have a complete unwavering expectation? Most of us don’t because we hold on to negative mindsets and limiting beliefs about ourselves that stop us from fully believing we are capable or that it’s at all possible. We tend to listen to the opinions of others despite them misaligning with our own or bow to societal pressures that make us believe we should think and act a certain way. There are many reasons why we possess these types of mindsets but a success mindset can be achieved.

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            How To Create a Success Mindset

            People with success mindsets have a particular way of perceiving things. They have positive outlooks and are able to put faith fully in their ability to succeed. With that in mind, here are a few ways that can turn a negative mindset into a successful one.

            1. A Success Mindset Comes From a Growth Mindset

            How does a mindset even manifest itself? It comes from the way you talk to yourself in the privacy of your own head. Realising this will go a long way towards noticing how you speak to yourself and others around you. If it’s mainly negative language you use when you talk about your goals and aspirations then this is an example of a fixed mindset.

            A negative mindset brings with it a huge number of limiting beliefs. It creates a fixed mindset – one that can’t see beyond it’s own limitations. A growth mindset sees these limitations and looks beyond them – it finds ways to overcome obstacles and believes that this will result in success. When you think of your goal, a fixed mindset may think “what if I fail?” A growth mindset would look at the same goal and think “failures happen but that doesn’t mean I won’t be successful.”

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            There’s a lot of power in changing your perspective.

            2. Look For The Successes

            It’s really important to get your mind focused on positive aspects of your goal. Finding inspiration through others can be really uplifting and keep you on track with developing your success mindset; reinforcing your belief that your dreams can be achieved. Find people that you can talk with about how they achieved their goals and seek out and surround yourself with positive people. This is crucial if you’re learning to develop a positive mindset.

            3. Eliminate Negativity

            You can come up against a lot of negativity sometimes either through other people or within yourself. Understanding that other people’s negative opinions are created through their own fears and limiting beliefs will go a long way in sustaining your success mindset. But for a lot of us, negative chatter can come from within and these usually manifest as negative words such as can’t, won’t, shouldn’t. Sometimes, when we think of how we’re going to achieve our goals, statements in our minds come out as negative absolutes: ‘It never works out for me’ or ‘I always fail.’

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            When you notice these coming up you need to turn them around with ‘It always works out for me!’ and ‘I never fail!’ The trick is to believe it no matter what’s happened in the past. Remember that every new day is a clean slate and for you to adjust your mindset.

            4. Create a Vision

            Envisioning your end goal and seeing it in your mind is an important trait of a success mindset. Allowing ourselves to imagine our success creates a powerful excitement that shouldn’t be underestimated. When our brain becomes excited at the thought of achieving our goals, we become more committed, work harder towards achieving it and more likely to do whatever it takes to make it happen.

            If this involves creating a vision board that you can look at to remind yourself every day then go for it. Small techniques like this go a long way in sustaining your success mindset and shouldn’t be dismissed.

            An Inspirational Story…

            For centuries experts said that running a mile in under 4 minutes was humanly impossible. On the 6th May 1954, Rodger Bannister did just that. As part of his training, Bannister relentlessly visualised the achievement, believing he could accomplish what everyone said wasn’t possible…and he did it.

            What’s more amazing is that, as soon as Bannister achieved the 4-minute mile, more and more people also achieved it. How was this possible after so many years of no one achieving it? Because in people’s minds it was suddenly possible – once people knew that it was achievable it created a mindset of success and now, after over fifty years since Bannister did the ‘impossible’, his record has been lowered by 17 seconds – the power of the success mindset!

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