8 Ways to Overcome Procrastination according to Science

Overcome procrastination according to science

Humans are tormented by procrastination. We always put important tasks for tomorrow. We allow ourselves to get distracted or simply we don’t want to do things.

Procrastination arises due to lack of self control. Also, chronic procrastination can affect the job performance and decrease the level of productivity. While procrastinators think they may be able to avoid stress, on the contrary this approach can cause more stress in the long run. It can also give birth to various health issues and can lead to poor work performance.

Here are some really easy ways which will help you get rid of procrastination. Also, you’ll be less worried and stress free. These will help you in boosting self confidence and making you more effective.

1. Write it out

Write it out

Write all things that you’ve been putting off for tomorrow. Doing this will help you in bringing the important things in front that you can’t ignore. One should always create SMART goals ie Specific,Measurable, Attainable, Realistic and Time-Oriented.

On the other hand, create a ‘Not To Do’ list. It’s time to clean up and it is very important to create the list. This will help you in getting rid of all the unnecessary things.

2. Get rid of catastrophizing

Catastrophizing refers to view a situation as considerable worse than it actually is. This is the one big reason of procrastination. This habit makes the task look boring and unbearable. You should be optimistic towards your work and get things done in an easy way.

3. Be prepared for obstacles

Be prepared for obstacles

Be prepared as you’ll be facing challenges and obstacles. Face it and overcome through all the difficulties that occur on you way to success. Focus on dealing with the projects in a shorter deadline that land o your desk. Stay calm and motivated.

“The more obstacles I overcome, the stronger I become” – Gracie Alvarez.

4. Be realistic

Break your projects and set time frame for each one of them. Look for ways that can make your task easier and simpler. For getting close to success, it’s highly recommended to schedule your task and do it right away. This will allow you to spend some time for yourself too! It’s a reality check, so be realistic about the things that you deliver. This will ensure something miraculous comes to you.

5. Don’t make excuses

Don’t make excuses

“Ninety-nine percent of the failures come from people who have a habit of making excuses,” explained American agricultural scientist and inventor, George Washington Carver.

Gone are the days where you make excuses and postpone your work. Stop the habit of making excuses as it will only delay your work and create a burden. People who make these silly excuses are never able to start and complete their work on time, leading to more stress and anxiety.

6. Banish distractions and stress

Don’t try to fool yourself. Keep away the distractions and focus completely on your work. Keep a time journal with yourself to see where your most of the time is being spent. This will help you in getting rid of the unwanted activities and be more productive towards your work. It’s so rightly said that focus comes when you try to eliminate distractions.

As per the survey conducted by Towers Watson, 57 percent of the workers felt less productive at work due to stress. On the other hand 68 percent of people felt that they required more number of hours to complete their daily work. Also, high stress is linked directly to absenteeism. So, never let your stress vandalize you.

7. Stay true to yourself

Stay true to yourself

According to James Clear, your future self sets goals only, and it’s your present self that takes action to get there. So, if you are actively completing all your present tasks, then you surely have a clear future. Just complete your work in set deadlines and you are good to go.

8. Be good to yourself :

Don’t be too hard with yourself. Yes, it’s true that people work better under pressure; but not all, only some. So, notice what wrong you are doing to yourself and stop being judgemental. Calm yourself and ease up so that you can provide better quality work, making your seniors happy.

These are some of tips and hacks that might prevent you to getting plagued due to procrastination. These will help you in getting more confident, productive and less stressed out.

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8 Differences between Leadership & Management & Why both are important

diffrence-between-leadership-and-management

People often mistake leadership and management as same, but actually these two are very different. The main point of difference is that a leader is a person who has a quality of influencing people whereas a manager has attributes of making people work under him by administering them in the best possible manner.  

Though these two are different, yet they should go hand in hand. They are inter-linked and complementary to each other. By separating these, an organization might face problems rather than providing solutions. For any organization to be successful, it should have a well management to plan and organise its employees along with providing them a source of motivation to perform their tasks well.

So, below are some key points that will help in understanding the differences between leadership and management. We will also learn why these two are important for a successful organisation.

1.Leadership is about inspiring, management is about planning

Leaders have a propensity to encourage and inspire their staff whereas managers tend to find faults. Leaders know how to encourage their staff in working together and accomplishing the goals. Managers, on the other hand, focus on achieving goals by controlling the situations or exceeding the objectives. They make plans and work accordingly.

“All time management begins with planning.” This quote by Tom Greening is so apt as management requires planning before anything else.

2.Leadership is all about uniqueness, management is about method

Leadership-is-all-about-uniqueness,-management-is-about-method

Leaders always tend to be themselves. They work hard and actively to create their own unique brand name. Leadership believes in authenticity and transparency. Managers, try to be methodical about what they have learnt from others. They just adopt the behaviour rather than defining it.

3.Leadership have followers, management have subordinates

Leaders have people who follow them. They have a great influencing power that attracts people towards them. Managers do not influence anyone. They only have people who work for them and are known as subordinates.

4.Leadership take risks, management controls it

management-controls-it

Leaders are never afraid of failures. Leaders are willing to try new things and take risks. “If you’re not failing, then it’s a sign that you are not doing anything innovative”- Woody Allen. Leaders know that failure is a stepping stone to success.

Managers do not take huge risks. They either try to control or avoid them by taking preventive actions before hand.

5.Leadership requires trust, management needs control

Leadership is based wholly on the trust provided to a leader by his followers. Peter F Drucker rightly quoted, “Leadership is an achievement of trust.” Without trust, a leadership cannot sustain.

Management, on the other hand is based on the manager’s control over his subordinates. He tried to control and organise his employees in a positive way which in turn helps in achieving success.

6.Leadership is futuristic, management is about the present

management-is-about-present

Leaders have a foresight vision. They are likely to remain in long run and have futuristic approach towards their work. This keeps them motivated towards their goal, unlike managers who tend to have a short range vision. They focus on their routine work which help them seek regular kudos. The regular praise is what keeps manager motivated and encouraged.

7.Leadership brings change, management brings stability

Leaders remain curious throughout their work and seek to incorporate new changes, either in the organisation or in their work pattern. Leaders create changes whereas managers react to the changes so constructed.

Managers just follow the practices and principles that has been continuing since ages. These people work as per the set guidelines, rather than thinking big and out of the box. This brings stability in the work environment.

8.Leadership create relations, management creates systems

Leadership-create-relations

Leaders know how to build relations with their stakeholders. They spend most of their time in creating sincerity and fidelity by delivering their promises on time. They need to influence these people in order to know their vision.

Managers focus on the necessary structures that might help an organisation grow and succeed. They make sure that all the systems are working properly to attain the desired results.

At the end, leadership and management are inseparable in nature. In an organisation, we can see both management and leadership skills. Management is all about maintaining the 5Ms whereas leadership is about persuading people in a right direction and discovering talent in them. For an organisation to be successful, there has to be a mixture of both.

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The Most Valuable Airlines in the World

Most valuable Airlines

There has been a rapid rise in the tourism industry in most of the developed and developing countries. This has driven the airline industry into a state of turmoil. With over more than 50 percent of the growth seen in the airline industry, this sector today is giving a cut throat competition in the area of travel and tourism.

In the world of crumpled seats and ceaseless delays, there are still some airlines which strive to provide their passengers a state of comfort along with luxury. These airlines are worth a try.

So finally the World’s Top Best Airlines of 2019 have been declared, making Delta the most valuable airline of the year, according to Brand Finance. It grew its brand value that dropped in 2017, to more than a value of $10 billion in 2019. Also, the statistics shows that 92 percent of the flights owned by Delta arrived on time and only 32 out of the 136 million passengers, were bumped.

American Airlines secured the second spot followed by United and Southwest airlines. These are considered as the best and strongest airlines of the United States globally.

David Haigh, CEO of  Brand Finance, said, “Chinese brands are the big winners in this area as they have been able to grow their brands by giving customers greater confidence in their dependability and safety as they grow alongside the Chinese economy.”

Now let’s find out the top 10 best and valuable airlines in the world as per their brand value.

1. Delta : $10.11 billion

Securing the position at number 1, Delta proves to be the most valuable airline, despite its value falling by 6 percent to a sum of $9.2 billion dollar last year. This Atlanta based airline earned this position due to its perfect timings, routes and wide network, making it the most trusted one.

2. American Airlines : $9.55 billion

American Airlines

At the second position comes American Airlines. Despite facing a lot of disturbance and turbulence in the last year, it secured its rank and became the second best airline. This airline faced a downfall in it value by 7 percent to $9.1 billion, the last year.

3. United : $8.46 billion

This airline is known for its comfortable and luxurious in-flight service offerings. United Airlines comes with amazing features and fleets every year. It also has a good connectivity, both domestic and international. This is the reason why United stands among the best, making up to the top three.

4. Southwest : $6.60 billion

Southwest

Overtaking Emirates, Southwest took it position at the fourth despite being in rumors. This is known for its higher customer satisfaction and low fares. As per the Brand Finance’s Airline 50 report of 2019, Southwest has an increase in its brand value from $5.53 billion in 2018 to $6.60 billion currently.

Warren Buffett’s Berkshire Hathaway is the second largest shareholder of Southwest.

5. Emirates : $6.27 billion

Holding its position at fifth is Emirates based in Dubai. This has been the favourite of all passengers around the world, covering about 150 destinations annually. The Emirates provide world class services in long haul flights. This is the reason why it has been famous in the industry for a long time.

6. China Southern : $4.46 billion

China Southern

This airline is growing rapidly not just domestically, but also internationally. With a value of $4.46 billion, China Southern becomes the Chinese brand leader, ahead of China Eastern. They have expanded their connectivity to global markets with high quality of services.

7. China Eastern : $4.23 billion

Remaining at seventh position consistently, China Eastern manages to be in the list. The brand value of this airline increased from $3.8 billion in 2018 to $4.23 billion in 2019.

8. British Airways : $4.17 billion

British Airways

Beating the Air China, British Airways finally manages to come under the world’s most valuable airlines o0f the year. This is the leading airline in the Europe. After dropping down two positions from sixth in 2017 to eighth in 2018, it remains stable in 2019 too.

9. Air China : $4.12 billion

Air China has retained its position again in the list and stays stable as the last year. This has been a huge success for the Chinese market, as three of its airlines secured the position again beating the rest.

10. Lufthansa : $3.15 billion

Lufthansa

Back on being the fastest airlines, Lufthansa stays consistent at the tenth position from the last year. It has been among the top ten race of becoming the most valuable airline. Lufthansa has been benefited from the collapse of Air Berlin which caused a huge reduction in the competition, that the airline faced in the European markets.

After seeing a huge fall in customer sales in 2016, Lufthansa bounced back from the difficult time and made its mark on the list.

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9 Powerful Ways you can Maximize Your Business Success

Business success

Planning, organizing and controlling are the main aspects if you want to have a successful business. One should be flexible and take time to avoid the hustle by laying down a proper strategy for your business venture.

It is rightly said, “ Success is a marathon and not a sprint.” It is important to have a futuristic approach and a desired time frame for each goal to be accomplished. Success does not come at your doorstep; you have to fight, face obstacles and learn from past mistakes in order to be successful.

Let us have a walkthrough to this article and see different ways in order to maximize your business success.

1. Maintain records :

To be successful, you have to keep the detailed records of the activities going on in business. This way you can track down the progress and know where you stand, what are your financial strengths and what potential challenges are there on your way. This will help you to face the challenges and give time in preparing the strategies to overcome the same.

2. Examine your competitor :

entrepreneurs

It is vital to keep an eye on the competitor if you want to grow and capture the market. You need to learn and get a research done on your competitors’ business so that you can incorporate some of the useful things that your business is lacking. This trick will help you in growing your business and reaching heights.

3. Analyzing the market needs :

“I do not subscribe to the theory of build it and they will come. I want to know what they want, and that’s what I’m going to build.” – JJ Virgin.

So, analyze what people want and get it ready for them; because a business expands with the support of its customers.

4. Focus on your work :

Focus on your work

Stay focused and motivated through each phase as it is not at all easy to earn money and get success overnight. The famous proverb, “Rome was not built in a day” applies here perfectly. So, start focusing on your short-term goals to achieve long-term success. Everything takes time and patience is the key to attain everything.

5. Create online presence :  

Build your online presence with the help of websites and other social media platform to get noticed. Nowadays, it is easy to create a website that has a professional look and your business needs to be in today’s era of online space.

According to a recent survey by Ipsos MediaCT and Accenture, it has been found out that around 70 percent of consumers are active on social media and purchase the product online rather than going to a store.

6. Provide a  good customer service :

good-customer-service

It is vital to provide a good support to the customer because as per the survey conducted by the American Express, 78 percent of the customers cancelled the product purchase due to poor customer service. Some did not even intend a purchase due to negative reviews and the bad after service.

So, make good customer service your priority. Examine your current service and make changes according to the need of clients. This way you can create a loyal consumer base and can also beat your competitors.

7. Implement the 80-20 rule :

The most famous 80-20 rules focuses on the efforts put to the result achieved. According to this rule, 80 percent of the result comes from 20 percent of the efforts you put. Isn’t it interesting how small efforts can lead to big results! So, focus on your efforts.

It doesn’t mean sitting for longer hours and doing nothing, but being productive and completing tasks before deadline.

8. Be consistent :

Be consistent

Consistency plays a major role in making money and achieving success. You have to be congruous enough in your daily work routine and keep doing what proves out to be a necessity for the business expansion. These will result in your long term habits that will help you in making a huge profit for a long run.

9. Staying healthy :

Have you ever hear of ‘Health is Wealth’? If yes, then you definitely know that how important it is to stay healthy in order to produce results. Too many entrepreneurs sacrificed their mental health, physical health and relationships with family along with friends in pursuing the business targets. Don’t be one of them!

It’s important to create a balance between both personal and professional life. Taking proper sleep, eating good food, going out with friends as well as family and engaging yourself in exercise will help you to prosper along with your business.

These are some powerful ways which will help in maximizing the success of your business. Just follow these and you might also end up being successful like the other entrepreneurs. Good Luck.  

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Lyft IPO: Ride Hailing App Valued at $24.3 billion

Lyft IPO

A ride sharing company, Lyft was in the news recently. As per Wall Street Journal reports, the company with a valuation of about $24.3 billion made its Nasdaq debut. It came under the biggest tech IPO this year. The company was launched in 2012 by its founders Logan Green and John Zimmer.

The organization that started with a $6 million financing, valued about $15.1 billion in June. The two most popular car sharing leviathan Lyft and Uber, have been in a constant race to the public market flaring up a price battle to impress the investors.

Logan Green and John Zimmer

The market value of Lyft just doubled itself; making the prediction of private investors to be false. These investors valued the company just half of what it is today, almost a year back. The shares of this ride-hailing company rose about 9 percent this Friday.

It has been seen that Lyft is seeking a valuation of about $24.3 billion through its initial public offerings. For about more than 30 million people across North America used Lyft, helping it to generate an amount of $8.1 billion through gross bookings and up to $2.2 billion in revenue. Apart from all this, the net losses of the company were found out to be $911 million in the year 2018, according to Statista.

The net revenue generated per ride was about 20%-30% after giving most of its share to the driver. The current cities are the United States and Canada where Lyft operates as compared to the Uber’s global presence. Uber is present in many areas internationally, showing its substantial growth potential worldwide. Lyft has been tightly focused on its core ride services keeping its finance as a secret.

Lyft-line

The company in an updated filing said that it desires to raise as much as equal to about $2 billion from the road show. Lyft is the first ride-hailing company to be gone public and land among the biggest tech IPO of the year. The company has made itself a driver friendly alternative as to Uber.  

Lyft has been benefited tremendously from a series of scandal that swayed Uber in the year 2017. The inclusions in this rumour were allegations of sexual harassment by females, forceful resignation of its Chief Executive Officer and its bootleg use of the software to betray regulators. Due to all these incidents a #DeleteUber campaign rushed on social media. This propaganda helped Lyft to captivate new drivers and customers with economical marketing and promotional costs.

Lyft

It has been found that the IPO of this firm will provide a boost in its funding as it shall continue to subsidize the rides by attracting passengers with their promotional techniques. According to sources, the U.S. market of Lyft rose to 39 percent, from 35 percent in early 2018.  

The company expects a rapid investor growth in the United States through its easy and uncomplicated business model. Lyft focuses on selling the rides to customers in cars, bikes and scooters. This is based out of customers choice and preference of the vehicle.

The company saw a growth of over 100 percent in the active riders during 2017 and 60 percent in 2018, helping it to reach over 16 million in total. The average ride per user has seen a growth over the years but in a slow pace. It has been forecasted that the increase in total rides can be nearly 50 percent to over 900 million for the year 2019 as compared to 2018 with 65 percent expansion rate.

Based on the disclosed number of rides and revenues, the average gross revenue per ride comes out to be approx $13 for the year 2018 and a marginal expectation in increment of the figure in near future. As mentioned earlier, the gross revenue of Lyft in 2018 was nearly about 27 percent from 23 percent in 2017. The numbers were driven by various factors such as improved technology, driver efficiency and a hike in fees and commissions.

Despite the risks and concerns, Lyft enjoys a robust growth anticipation as it has not expanded itself globally. But above all, the company’s expenses are also rising. It spent about $804 million, just the double amount that it did in 2016, on its marketing to acquire new chauffeurs and passengers.

Magna International Inc and Aptive Plc

Lyft chose to expand in the market by entering into the partnerships with the car parts supplier Magna International Inc and Aptive Plc General motors as its investor. On the other hand, Uber decided to develop as a self-driving division with any partners or joint ventures.

“With Uber, you will invest in Uber Eats and global expansion,” Wascher said. “Lyft will get investors betting on the U.S. ride-hailing market.”

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9 Incredible Habits of Mentally Tough People

Habits of Mentally Tough People

Mental toughness is often the difference between people who succeed and others who give up. Mental strength takes time to develop as it is a process and not a congenital quality. Our emotional and mental rigor is tested by the people we surround ourselves with.

It is the human tendency to look for everything better just like better friends, better job, better life and so on. But wait, these things aren’t really easy to achieve especially when you do not want to change yourself or your life. So, just break the norms and change your lifestyle to achieve better things in life, just as mentally strong people do.

Instead of giving more importance to negativity in your life, just be a bit positive. Mentally strong people do not get afraid of the obstacles, rather they take it as a challenge and face it to build their character and skills.

Mentally strong people take on the things which most are not willing to. Just leave your bad habits and see how much potential you have in yourself. In addition to this, develop a habit of practising exercise which will be beneficial for growing mentally and becoming tough.

Below listed are the incredible habits of mentally tough people. Please have a look.

1. They surveil their emotions :

The myth about mentally tough people is that they suppress their emotions within. But, this is not true, as these people are aware and constantly monitor their emotions.

“They monitor their emotions throughout the day and recognize how their feelings influence their thoughts and behaviors,” Morin says. “They know sometimes reaching their greatest potential requires them to behave contrary to how they feel.”

2. They are confident :

They are confident

Henry Ford rightly quoted “Whether you think you can, or think you can’t—you’re right”. Mentally tough people follow this quote, that your mental health plays a vital role on your ability to succeed or fail.

A study at University of Melbourne revealed that people with higher confidence level work at high positions and get promoted rapidly rather than others. These people refuse to believe in overconfidence.

3. They accept challenges :

Mentally strong people take misfortune as their opportunity to grow bolder and stronger in the due passage of time. These people tend to gain more confidence after clearing each obstacle that came on the way. This makes them better and mentally stronger.

4. They enjoy their present :

They enjoy their present

Mentally tough people just live in the present, rather than forecasting the future or remembering the past. This habit allows them to see the things what they actually are. Mentally strong people practice mindfulness which allows them to engage with the world in an attentive and peaceful way.

5. They are realistic and optimistic :

In this world of pessimistic approach, strong people know how to create a positive outlook rather than just sitting and letting the bad events destroy them. These people tend to replace the negativity with realistic thoughts.

“Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence” – Helen Keller.

6. They are problem solver :

They are problem solver

Mentally tough people do not allow themselves to engage in an unproductive activity. They are problem solvers and risk takers. Rather than just sitting and whining about the bad outcomes, they try to evaluate and fix it. The basic principle is, learn to calculate your risk and walk forward.

7. They learn from their mistake :

As we all know, with failure comes mistake. Everyone makes mistake, but only a few learn from them. The mentally tough people do make mistakes, but rather than refusing to try again, they learn from it and move on.

Confucius’ quote, “To be wronged is nothing unless you continue to remember it” is apt for situation like these.

8. They use their energy wisely :

They use their energy wisely

Instead of complaining about the out of control things, they focus on being productive and using the energy wisely, whether it be mental or physical. They don’t devote their time and energy on the tasks that will yield nothing. Mentally strong people avoid those who they think can drain their energy and make them less fecund.

9. They know how to say NO :

A famous quote says, “ You can be a good person with a kind heart and still say no”. Mentally tough people believe that saying no is a healthy habit, and they have the power of making it clear.

According to a research conducted at the University of California in San Francisco, people who face trouble in saying no, experience stress, anxiety and even depression.

Mentally strong people practice these habits to make themselves better day by day. So, what are you waiting for! Start inculcating these in your lifestyle and you can be mentally tough too.

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