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These Highly Successful People Tell You To Take Vacations From Work

These Highly Successful People Tell You To Take Vacations From Work

Americans have been tethered to their jobs ever since the Great Recession took a major blow to the economy of the United States. According to USA Today, for a household to live the “American Dream” as of 2014, the ideal lifestyle costs $130,357 per year. This includes mortgage, children, food, retirement planning, and health care. The average household income in the United States as cited by Census ACS survey is $52,250. For every Americans to afford the “American Dream”, taking a vacation is not an option. The fear of losing their jobs and getting left behind deters American to take vacations from work.

Many renowned and successful people, in terms of wealth and hard work, are aware that vacations are important in maintaining high-quality performance, not just as a reward for hard work and an outlet to release stress. Here are 12 renowned and successful people that may inspires you to grab that vacation you’ve been setting aside.

 1. Bill Gates

This year, Bill Gates is the richest man in the world according to Forbes. He is the founder of Microsoft. Bill Gates undertakes two, week long retreats each year. He evaluates the works of his company, devises new ideas, and reads the latest trends. He calls these two, week long retreats as his “Think Weeks.”

 2. Marissa Mayer

Marissa Mayer is the current CEO and president of Yahoo! Inc. Amidst all the issues surrounding her position and ethics at the multinational internet corporation, Mayer still finds time to rest and works 10-11 hours a day. According to CNN, Mayer said: “I pace myself by taking a week-long vacation every four months.”

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 3. John Donahoe

As CEO of the multinational corporation and e-commerce company, eBay, John Donahoe encourages people to take their vacations to reorganize their work schedule and to rejuvenate their spirit. “From time to time, I like to take a “thinking day.”

These are pre-scheduled, uninterrupted times to step away from the chaos, zero-base my time, and refocus on the issues that are most important.

4. Richard Branson

The founder of Virgin Group, which comprises more than 400 companies, Richard Branson adapted the “unlimited vacation time” for his employees at the Virgin’s US. He hopes this policy will strengthen the relationship of the employee and company and will have positive impact on the overall organization.

“How can you find time to get to know your children if you’re working with the very little holiday time you’re given?” cited by Branson stressing the importance of taking vacations from time to time.

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5. Tim Cook

Tim Cook is the current CEO of Apple Inc., the company that produces the iPad, iPhone, and iPod products. He recently gave his employee a Thanksgiving Week off due to the successful launch of the iPhone 6 and iPhone 6 Plus.

According to Cook, “Our people are the soul of our company, and we all need time to refresh and renew.”

 6. Sheryl Sandberg

Sheryl Sandberg was the Vice-President of Global Online Sales and Operations at Google and she is now the Chief Operating Officer of Facebook. She constantly spends quality time with her two young children. How does she manage this? She leaves her office at 5:30 PM every day.

Sheryl Sandberg said that “Hey! I am leaving work at 5:30. And I say it very publicly, both internally and externally. And I hope that means other women and men, importantly men, feel comfortable going home seeing their kids” in a video by Makers.com.

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 7. JJ Ramberg

JJ Ramberg did not take vacations seriously when her company Goodshop.com was just starting, but now that it had grown into a success, she takes vacations incredibly serious as it helps her ward off burnout. “The successful entrepreneur will figure out what’s not working — and then come up with solutions, whether that’s hiring help, devising a new business strategy or simply taking a vacation to recharge the battery.”

 8. Jim Mofatt

Jim Moffatt is the chairman and CEO of Deloitte Consulting LLP. He wrote an article entitled “Take a Serious Vacation: A CEO’s Advice to all CEO’s” to encourage people, most specifically CEO’s, to take vacations from their professions.

“If you really unplug, you will start thinking about the long term, strategic issues, and what we have to do to be successful over the 9-to-24-month period, and that is essential.” Jim Moffatt wrote.

 9. Sarah Michelle Gellar

The star of the hit-series “Buffy the Vampire Slayer”, Sarah Michelle Gellar, knows the importance of taking vacations from work. She said in an interview by Cosmopolitan, “We work really hard, and you have to remember once in a while that you can actually stop working and appreciate things. I’m definitely leading a much slower life now that I’m not working every single day on a television series.”

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 10. Larry Page

The co-founder of the world-renowned company Google, Larry Page’s contributions to the World Wide Web is revolutionary. He thinks that reducing the work time of employees will leads to positive results and overall greater performance of an organization.

In a chat with Fireside, Larry Page said, ‘Would you like an extra week of vacation?’ They raise their hands, 100% of the people. ‘Two weeks vacation, or a four-day work week?’ Everyone will raise their hand. Most people like working, but they’d also like to have more time with their family or to pursue their own interests.”

11. Oprah Winfrey 

Dubbed as the “Queen of all Media”, Oprah Winfrey has been ranked as the richest African-American of the 20th century. As a host and producer of her own talk show, the Oprah Winfrey Show, she has taken her entire staff and their families on lots of tours – a Mediterranean cruise in 2009 and an all-expenses paid trip to Hawaii in 2005.

Talk about generosity and the importance of taking a vacation, way to go Oprah!

12. Tiger Woods

Tiger Woods is one of the most successful golfers in our time, and one of the highest-paid athletes in the world. Interestingly, he takes a vacation before heading on to major tournaments so he can spend time with his kids and girlfriend Lindsey Vonn. Amidst all the issues surrounding him, he still knows the importance of taking a break. “We had a good little time,” Woods said of his vacation with girlfriend Lindsey Vonn and his two kids. “We toured a little bit and even played a little Putt-Putt, which I won every single time.”

Featured photo credit: Spring Break Joy.jpg/clconroy via cdn.morguefile.com

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Lianne Martha Maiquez Laroya

Lianne is a licensed financial advisor, Registered Financial Planner, entrepreneur and book author.

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Last Updated on September 29, 2020

How to Start an Online Business That Will Grow and Succeed

How to Start an Online Business That Will Grow and Succeed

Unsurprisingly enough, all businesses are online today. Considering the advances in the smartphone industry as well as the increasingly accessible internet facility, it was only a matter of time before businesses took advantage of the online environment.

This increasing popularity makes for a promising future for a lot of young entrepreneurs. And knowing how to start an online business will open up a world of possibilities for you that was not possible 10 years ago.

So, keeping the potential for exponential growth in mind, let’s dive into the article below, and explore the steps of starting an online business that will bring you success.

1. Becoming the Master of ‘ONE’ Trade

Most successful online businesses are the master of one trade. And that’s why beginning with a niche is always a good idea.

A niche market is a focused segment within a larger market. Imagine a men’s shoes market and then, imagine handcrafted brown Italian leather shoes for men. While the previous one is a bigger market, the latter one is simply a more focused segment within that market.

Knowing the niche helps a lot to start an online business and if you are feeling a bit lost, here are some self-queries that will act as a perfect guide:

What Speaks to Your Heart?

This first way of discovering the niche is perfect for those who want to do what they love. Working in a market that you love will ensure that constant excitement and drive to do better, eventually leading to ultimate prosperity.

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Decisions Based on Knowledge

The second way is perfect for those who have a lot of untapped knowledge about a specific industry. Utilizing the insights on a specific industry is a great way to find a niche. This way, you’ll already know all the ins and outs of the industry and can easily get ahead of all the competitors.

Undiscovered Potential

Lastly, conducting research into various industries and finding an untapped segment is another amazing way of finding the right niche. This practice will require you to come up with a new and unique solution for uncatered audiences.

2. When Is Your Idea Valid?

All the great ideas for starting an online business needs to be valid. And once you have found the niche, this validation process is what comes next.

Proving the soundness of the idea is not at all hard. A detailed industry examination is all you need initially to understand the value of the concept and recalibrate it to turn into a great online business.

Market research is a systematic unraveling of the target market. This research will include all the information on the product/service you are about to sell, the target audience, and how the competitors are operating in this crowded market.

This in-depth research will give you the initial idea of how the products can make an impact in the outside world. And once the small online business ideas are validated, it will be time to move on and craft a plan and start working on establishing the business.

3. Crafting the Map to Success

Having a proper plan for an online business is like having a map when you travel to an unknown city. This is a document that includes all the factual information on the business and crucial business data.

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To help you out, here’s a list of all the information online business plans must include:

  • An idea of objective – The best online business plans always have a clear outline of the business goals and intentions. Having this clear outline will increase the efficiency of business functions later on. The target demographic, business model—all kinds of information needs to be a part of this document.
  • Taking stock of available resources – A startup needs to utilize all the resources it has, and that’s why the plan needs to have an in-depth outline of the financial resources in use as well as the employees and their expertise. With a better idea of all the resources in hand, starting an online business will be an easier process.

4. The Virtual Storefront: A Process of Development

The steps of how to start an online business are incomplete without the website creation process. With the right website approach, you can easily succeed in increasing business revenue.

What does that perfect business website look like? Let’s follow these steps to create an effective business website.

Choose Your Approach

There are numerous ways of making a website and for a positive outcome, you need to choose the perfect approach. Depending on the business model, initial finances, and end goals, there are two kinds of approaches for the online storefront:

  • Third-party approach – Third-party platforms will connect you with the customers out there. For small online business ideas, Creating an account or site with these platforms will be beneficial because these platforms come with a large array of services as well as a big enough existing consumer base ready to utilize.
  • Creating a new website –  A business-specific website will help you eliminate the third party go-between and connect directly with the buyers. With this approach, you get more control over the business and how it is presented to the consumers out there and the revenue you make. Any of the above-mentioned approaches can be beneficial for easy online business startups. However, to achieve some specific business goals, having a customized website will be more beneficial for you.

Design Can Bring You Maximum Success!

For those who have decided to create their own site, the design is of paramount importance. With a great design, you will be able to engage and interact with the visitors better and encourage them to make a purchase.

The design, however, is not just a matter of aesthetics. A website’s design encompasses all aspects of it, from the visual effects to the content that’s used on the site.

To create a truly amazing design that reflects new online business concepts here are a few matters to consider:

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  • Keep it responsive – Many markets are simply skipping over the desktop phase and launching the business for mobile users around the world.[1] Considering this popularity of the mobile internet market, the business website has to be responsive. This approach will help you to reach a bigger audience and conduct business on a larger scale.
  • Users want a fast experience – Using high-quality images on the site does improve the visuals, but make sure all those images are compressed. Having a faster website will enhance the user experience on the site. Besides compressing all the media content on the site, you can also utilize an asynchronous loading technique that loads all the contents simultaneously, reducing friction. With a faster site, it will become easier to implement the online business startup ideas into reality.
  • Define the brand – The design stage determines a lot of things for the business website and one of those things is the business image. To make an impact on the world with the business, you have to create a perfect image and for that, a brand guide is necessary. The brand guide is a document that includes all the information and guidelines on various visual elements on the site that makes up the business personality. Based on the kind of image you want to create, all the elements will be outlined in this documentation.

Where the Website Becomes Reality

Since we know how website design helps to launch a successful online business, it is time to move onto development. Online business development is where the idea becomes a reality. And to make this reality perfect, you need to make sure that the development and deployment process goes well.

A high performing site always includes all the right features that enhance the user experience as well as helps you to convert more traffic. And for the best results, ensure the use of only the latest tech stack during development.

Here are some development issues you have to pay attention to while building the business website:

  • The right partner makes all the difference – For small startups who are wondering how to start an online business, finding the right development partner is going to make all the difference. However, before making a decision, there are a few things you should contemplate. The team that you are about to hire should have experience in catering to your industry, as well as an extensive portfolio and good reviews. Additionally, it will be perfect if the agency or freelancer also provides a 360-degree service, from development to maintenance.
  • How to assure the quality of the site? – Testing the site is an integral part of the answer to the question of “how to start an online business?”. An experienced partner will be able to help you the most with this. From security testing to split testing, this stage in development will help in understanding how well the site functions and what needs to change. And once the changes are made and the test results come clean, it will be time to launch the website.

5. Some Tricks to Increase Online Sales

Selling online is not easy, but not hard either. In a physical store, you can use campaigns, go door to door with pamphlets, and such. However, successful online businesses have their own style of campaigns that helps them to sell more without any problems.

So, what are these tricks?

Utilize the Magic of SEO

With an increase in quality traffic, the sales ratio will go up too. And to drive quality traffic on the website, you need to utilize the SEO tricks, and probably hire an SEO expert.

When starting an online business site, ensure all the content on the site is optimized to rank for the right queries by target consumers. With a higher rank on the SERP, the traffic will increase on the site.

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With the increase in quality traffic, it will become easier for you to convert visitors. The visitor data will help you to adjust the site performance. In brief, utilizing SEO will open the doors to a lot of possibilities for your small online business ideas.[2]

Entice With Free Value

Consumers today have lots of options to choose from. And keeping all that in mind, it will be wise to create a business plan for an online startup that provides free value to the users before asking them to buy something.

Consumers want to buy from someone who knows what they are doing, especially in the case of a curated service or goods provider. And that’s why to turn the profitable online business ideas even more effective, you need to start offering free value on the site, with free products and content.

Having a blog is also another way of displaying your expertise. With specialized content on the industry, you can easily grab the attention of the audience. And once assured of your knowledge on the matter, consumers will feel a lot safer about making a purchase.

A Killer Customer Service Is Everything

Your small online business idea needs a better service option. Using AI-based interactive features to implement better support for the global consumer base will prove to be extremely beneficial. With a 24/7 automated support channel, customers will be satisfied with your business and come back more often.

It’s an Easy Process: All You Have to Do Is to Start

And there it is, the simple five-step process of starting an online business that is bound to succeed. If you look closely, you’ll notice that there are not a lot of differences between creating a physical business and an online one. The main differences are only in the consumer and competitive landscape.

While a physical store faces and caters to local competitors and consumers, the online business has to deal with the same on a global basis. So, focusing well on the global market landscape while crafting the plan will help you succeed.

More Tips on How to Start an Online Business

Featured photo credit: Austin Distel via unsplash.com

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