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How To Make Your Basement More Useful Than Just a Storage Space

How To Make Your Basement More Useful Than Just a Storage Space

Stuff that are less useful or even useless tend to always find their way to the basement thereby making it a dumping ground. The basement is simply a storage place for most people. Very few people are aware that the basement can serve several purposes just by renovating it.  People have started looking for ways to harness the usefulness of the basement and we will take you through different creative ways to utilize your basement.

  • Your basement can be used as a recreational centre for rest and relaxation for yourself and loved ones when basement renovation is done. You can make it a little merrier for the family by adding some furniture and setting up a flat screen television.
  • Your basement can serve as a gym for you and your family by renovating it and buying some gym equipment such as a treadmill, dumbbells and barbells. With these in place you can save the cost and time of going to the gym.
  • Your basement can also serve the purpose of a guest room for lodging guests. You have to make sure the room is well ventilated, put a bed, pillow and other bedroom furniture. Because of this, your guests will definitely enjoy their stay.

If you are looking for the best result when it comes to basement renovation in the shortest time possible, consult with a professional contractor today. Basement renovations can help you in many ways by using your basement properly, changing it into a more suitable area of the house. Basement renovations can be less expensive once you have a reliable company to help you manage the enhancement service. Then you can sit back and see your basement change into the basement of your dreams.

Benefits of Basement Renovation

Basement renovation can be compared to kitchen renovation because it require lots of materials and hard work and so it is a little more expensive than renovating other parts of the house. Ahead of your basement renovation plans, you need to access the basement for any kind of impairment. This is very necessary for some of the following reasons;

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  • It will aid in accelerating renovation procedures since impairments that would ordinarily slow down the work speed would have been taken care of already.
  • It will help you cut down on cost if you handle basement damages prior to the renovation because fixing damages during renovation is more costly.
  • Basement dampness can help breed mold, which is unsafe for your health.

In the case of a faulty foundation, this could be the greatest challenge and is usually costly, but a simple remedy is to alter the house slopes in order to stop water from forming against the basement walls.

The next step after correcting the problems stated above is basement redesigning. Interior designers are often employed to carry out the designing by a lot of companies. After inspection of the basement space by the interior designer, he or she chooses designs that best suits your needs.

Why Renovate Your Basement?

A lot of homes contain basements but many of them are yet to make complete use of this space. Many families utilize the basements as just stores while some others have minimum regards for them hence the basement has simply become a place where nobody would like to relate themselves with. Your basement can be put to proper use, so you need not disturb yourself thinking it is entirely useless. By renovating your basement, it can be changed from a room with no use to a bright and useful room. You can change that small room under your feet into a lovely, appealing area of your house.

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Independent research shows that a competitively priced basement finishing package would cost between $30-$35 per square foot when done by a reputable, professional basement finishing company. Basement renovation is a good investment; no wonder many home owners are conceiving the thought of embellishing their basement. Basement renovation has many advantages. It not only ameliorates the living space in your room but it could be designed to suit your taste. It will also help raise the total worth of your home.

Basement renovation design and style is different from one house owner to another. While some renovate the basement when building the house, some choose to finish it when they purchase a new home.

Some indications that your basement requires an upgrade are as follows;

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Leaks

Problems that require fixing is the major reason why many home owners choose to carry out basement renovations. Ignoring these factors can give rise to impairments in your home. You better take the chance of getting your basement renovated once it begins to leak to avoid future impairment of your properties.

Space

The best option to create additional space in the house is to renovate your basement, especially in the case where your living space is too small. Adding another room of any kind to your house will certainly give you a bit more elbowroom.

Increase the price value of your home

If you intend to raise the price value of your home, then renovating your basement may be the solution. Renovating your basement will raise the sale worth of your home. For this reason, many homeowners resolve to renovate their homes particularly when they intend to sell the property in the distant future.

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Increased revenue

Your yearly revenue can be raised by renovating your basement. You may be questioning how you can get extra income from renovating your basement.  The basement, after renovation has been completed, can be transformed into either an office space or even a rented apartment to bring in extra rental income.

Large family

No experience could be as great as having a family. However in some cases, as the family size keeps rising, we soon find out that the living space in the home has become too small to accommodate all family members and then comes the desire for extra space. This is when basement renovation comes in very handy since it is cheaper than having to move to a bigger home.

Featured photo credit: Bruzzes Home Improvements via bruzzesehomeimprovements.com

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Last Updated on May 15, 2019

10 Most Successful Entrepreneurs and What We Can Learn from Them

10 Most Successful Entrepreneurs and What We Can Learn from Them

Apart from making crucial decisions for their own businesses, entrepreneurs innovate and grow their ideas. Albeit there being no cookie-cutter answer that fits everyone’s experiences, taking a look at some of the most successful entrepreneurs today, you might spot some similar traits and characteristics.

Starting and nurturing a business entails a great amount of hard work and commitment. However, for aspiring entrepreneurs who are prepared to dedicate themselves to their vision, here are 10 most successful entrepreneurs you can learn from:

1. Melanie Perkins: Know Your Worth and Keep Trying

    Melanie Perkins founded Canva, a Sydney-based business valued at $1Billion having successfully raised a number of rounds of successful funding and boasting more than 10 Million users in 179 countries.[1]

    She told BBC that one of the biggest challenges she faced getting into the business was talking about her company’s accomplishments when she first got to Silicon Valley. She attributed this difficulty to a cultural difference where Australians tend to ‘talk down’ their achievements and this would slow down her fundraising progress for a few years.

    Despite hundreds of rejections, Melanie emerged three years later with a much clearer strategy and stronger investor pitch that prompted a series of fundraising rounds netting the company $82Million of funding in total.[2]

    2. Bill Gates: Keep Learning and Exploring

      If you don’t know Bill Gates, you likely know the company he founded – Microsoft.

      Bill Gates’ story is a prime example of nurturing an idea that might seem out of this world but make sense in the future. One of the most successful entrepreneurs in history did not complete his degree at Harvard University to pursue a vision that the technology would soon become the future.

      He told a white lie to Altair, saying that he had made a computer program for them, therefore pushing himself to create a system that would change modern history.

      “The most important speed issue is convincing everyone that the company’s survival depends on moving as fast as possible.”

      Gates’ success is built on self-improvement and the seeds of an idea.

      3. Elon Musk: Never Stop Innovating

        Traditional thinking suggests that in order to become a successful entrepreneur, one must focus in a single field or industry.

        Elon Musk, however, breaks that rule.

        Today, the multifaceted tech entrepreneur, investor, and engineer advocates for the diversification of skills and businesses by delving into various fields of interest.

        When done right, skills in a single domain can be carried over then applied into contrasting industries to create something new the world might need. Musk owes his accomplishments to a constant thirst for knowledge.

        Having birthed Tesla and a myriad of products across the arenas of aeronautics and software design, Musk continues to evolve as an entrepreneur and plans to innovate for the long haul.

        4. Richard Branson: Develop People First

          British entrepreneur Richard Branson founded Virgin Records in the early 1970s. Virgin Records has since grown into the Virgin Group, today responsible for over 400 companies.

          The billionaire is strongly particular about working with a team that shares his core values and aspirations.

          Branson believes that managing a business can become taxing, thus he acknowledges his employees for putting in the effort that they have.

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          A good leader knows how to raise morale for positive productivity. Utilising emotional intelligence and compassion is a game changer in seeing results within a team.

          Branson’s supports the idea of nurturing a positive work environment, with the belief that credentials must go hand-in-hand with an enthusiasm for work.

          5. Jeff Bezos: A Relentless Focus on Customer Satisfaction

            Having founded Amazon, Jeff Bezos is known to be one of America’s most successful entrepreneurs. The e-commerce pioneer fixates himself on angry customers with the belief that a business’s loopholes are found in the experiences of unsatisfied customers.

            For the 8th year in a row, customers have ranked Amazon as the number one in customer service (according to the American Customer Satisfaction Index).

            While numerous companies ignore unhappy customers, Bezos found success in learning from reviews and surveys. By focusing on customer service, Amazon shows they care, both for their customers and for rising above their competitors.

            While praise and recognition are signs that a business is accelerating, criticism is an opportunity to improve a product or a service.

            6. Mark Zuckerberg: Start Small, Think Big

              Valued at over 55 billion dollars today, Mark Zuckerberg built the first version of what would become a social networking giant in his Harvard University dorm room. As one of the world’s youngest entrepreneurs, Zuckerberg undoubtedly took countless calculated risks to get his brilliant idea to its current status with 2.38 billion active monthly users.

              “The biggest risk is not taking any risk.”

              He’s always daring to explore with a fearless mindset.

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              The young tech entrepreneur never shied away from innovating outside of the box. Soon after Facebook became a hit to users and advertisers, big corporations took interest in buying Facebook from Zuckerberg.

              However, he took the risk and decided to stay with his creation. Turning down billions of dollars offered by Yahoo CEO, Terry Semel, he envisioned turning his brainchild into something much bigger than what it already was then.

              7. Steve Jobs: Live Your Own Dreams

                Steve Jobs lived a rocky path all his life and an aspect of which is a tumultuous career.

                The founder of Apple endorsed his beliefs on the temporality of life and limitations of time. He preached about the importance of working on the very legacies people wish to leave behind, an achievement he’s undoubtedly etched into the the archives of human history.

                Never one to hide under someone’s shadow, Jobs did not live by anybody else’s principles so he formed his own. He tirelessly dedicated himself to building a unique brand of products that became the benchmark for contemporary technology.

                After his highs and lows through his brief battle with cancer, Jobs concludes with yet another lesson to takeaway from his remarkable life. “No matter how much money you have, even the richest man can’t buy time.”

                8. Warren Buffett: Balance is Essential to Success

                  Despite being the third wealthiest person in the world, Warrant Buffett sported a frugal lifestyle for most of his life.

                  After buying a house in Omaha, Nebraska for just above 31,000 dollars, he has lived there since 1958. As a leading investor and a founder at Berkshire Hathaway, Buffett believes in setting aside an amount to save and spend only on necessities.

                  With a long term goal as a top priority in mind always, treating oneself can be sustainable once in a while. He advices to save money by deciding first and foremost what aspects to scrimp on and what aspects to splurge on to ensure a happy and balanced lifestyle.

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                  9. Jack Ma: Never Give up

                    On every journey to success, everybody stumbles and arrives at roadblocks. Some more than most, like Jack Ma, who survived countless rejections and failures only to get back up and brave every storm.

                    Ma is the founder of multinational technology conglomerate Alibaba Group. Despite being rejected to Harvard after every one of his 10 applications, Ma was never defeated.

                    His grit and tenacity is a fine testament to the fact that grades do not determine a future. While qualifications on paper are important, the development of skills and an attitude is just as helpful in making a recipe for success.

                    Despite finding himself in the verge of bankruptcy in the 1990s, Jack Ma possessed the resilience to put one foot in front of the other until he finally made it. “It’s important to have patience,” he says.

                    10. Tan Min Liang: Passion Can Pay Off

                      Tan Min Liang is the founder of the leading high-performance gaming hardware, Razer. Always on the look out for new opportunities to connect and scale his business, Tan has been bold in making many of his life’s decisions.

                      Having deviated from a traditional path set by a family that consists of doctors and lawyers, Tan was to find his life’s work and passion while gaming with his older brother.

                      The idea was simple: there were so many games out there to play, however, there were hardly any gaming equipment to match this.

                      So he dropped out of law and began going a different direction, into creating solutions in the gaming industry. At the start of 2019, Tan wrote to tech luminary Elon Musk to which Musk’s reply suggested of a joint venture between two of the most successful entrepreneurs today.

                      Final Thoughts

                      In today’s cutthroat world, the road to becoming a successful entrepreneur is a long and arduous process trailed with ups and downs. A valuable lesson that a good hand of entrepreneurs would love to convey to aspiring entrepreneurs is to keep the spirit of innovation and to explore uncharted waters.

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                      Learning from experience and failure is one direction to a desired end goal. Exhibiting the same dedication and grit so many entrepreneurs have through their unexpected careers – today’s budding visionaries ought to hang on their dreams and leave room for improvement along the way.

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                      Featured photo credit: Patrick Tomasso via unsplash.com

                      Reference

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