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Amit

Amit Grover  | Answer  |Ask -

Answered on Feb 08, 2012

vivek Question by vivek on Feb 08, 2012Hindi
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i Amit I'm into recruitment business for past 9 years, But my growth seems to have stagnated. Do you feel feel association or merger with other small recruitment consultancies is a way forward to grow

Ans: As its a service business, and probably dependent on you as a person, future growth is limited. I suggest merger option will be good. Else, you can get into training or sales business related to your current customers.
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HR, Workspace Expert - Answered on Mar 26, 2024

Asked by Anonymous - Mar 24, 2024Hindi
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I have 18 yrs of exp in Recruitment field, yet have Not been able to build my skills. I have not become a manager and so my salary has not grown. I have worked in consultancies only (not companies ) At age 47, I feel burnout, and am without job opportunity due to stability and age . Pl advise.
Ans: I’m sorry to hear that you’re feeling this way, but please remember that it’s never too late to make changes in your career. Here are a few suggestions:

Upskill: Consider upskilling in areas that are in demand in the recruitment field. This could be data analysis, HR technologies, or even soft skills like leadership and negotiation. There are many online platforms offering courses that you can take at your own pace.
Networking: Networking can open up opportunities that you might not find in job postings. Attend industry events, join online forums or groups related to your field, and don’t hesitate to reach out to old colleagues or friends.
Mentorship: A mentor who has experience in your field can provide guidance, help you set career goals, and offer advice on professional development.
Well-being: It’s important to take care of your mental health. If you’re feeling burnout, it might be helpful to speak to a professional who can provide strategies to manage stress. Remember, it’s okay to take breaks and make time for activities you enjoy.
Consult a Career Coach: A career coach can provide personalized advice based on your specific situation. They can help you identify your strengths, explore different career paths, and plan actionable steps towards your career goals.
Remember, everyone’s career path is unique and it’s okay to take your time to figure out what works best for you. Good luck!

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Archana

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Image Coach, Soft Skills Trainer - Answered on Apr 16, 2024

Asked by Anonymous - Mar 28, 2024Hindi
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I have 17 yrs experience in the Recruitment field, yet have Not been able to build my skills. I have not become a manager and so my salary has not grown. I have worked in consultancies only (not companies ) At age 47, I feel burnout, and am without job opportunity due to stability and age . Pl advise.
Ans: Hi!!You have the experience, 17 yrs ….build your future on it! Nothing in life ever goes waste. Look a little deeper into yourself, why is that you didn’t become a manager? What skills you need? Looking the part, leadership skills, public speaking, communication skills? In today’s world you can learn any skill that you want… believe in yourself, perform a SWOT analysis ( Google SWOT ) .
Put everything on paper… you’ll get a lot of clarity and it will no longer overwhelm you. Any age is a good age to start learning. You are just 47… there is still a whole life ahead of you!!
Burnout comes when you stop learning and not doing stuff that brings you joy. Next 30 days., you’ll do the following-
1. 20 mins of physical activity, it can be anything which makes your heart beat faster, brisk walks, dancing non- stop , etc
2. 10-15 mins of any activity which fills your heart with joy,( make your joy list, start doing one of them every day) Your energy for life comes from your joy list!
3 spending time in nature ( nature heals you)
4. Up skilling yourself
Forget the past now, we can’t change it…plan all of your today with one step in the future and it all starts with taking care of yourself..
All the best…

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Harsh

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Entrepreneurship Expert - Answered on Dec 18, 2024

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I'm a Chartered accountant .. recently qualified .I'm interested in start up company with intention of book keeping services .software .pls give me some piece of idea regarding how to begin my book keeping services software ..
Ans: Starting a bookkeeping service powered by your own software is a great way to leverage your skills as a recently qualified chartered accountant. With the growing demand for streamlined accounting solutions, your idea has a lot of potentials. Here's how you can get started effectively:

Understand the market and identify your niche:- You have to start by researching the market to identify the specific needs of small & medium-sized businesses. Because many businesses are struggling with manual accounting or find existing software too complex or expensive. Focus on building a solution that is simple, affordable and addresses their pain points, such as automating invoices, tracking expenses and generating tax reports.

Develop or customize software:- Decide whether to build your software from scratch with the help of a development team or customize an existing platform like QuickBooks or Zoho Books to create a unique product. But make sure your software includes essential features like cloud access, real-time financial tracking, automated reminders, payroll management, and integration with banking systems. Prioritize an intuitive interface so that even non-accountants can use it easily.

Provide flexible and scalable solutions:- Start structuring your services with flexible pricing models, such as tiered subscription plans based on business size and its features. With Offers add-ons such as tax filing assistance, compliance consulting, or financial planning to differentiate yourself from other competitors. A free trial or discounted onboarding package can attract new customers and build trust to convert the audience into customers.

Build a strong brand and online presence:- Start your service as a reliable, tech-enabled bookkeeping solution by emphasizing your credentials as a chartered accountant. You Have to create a professional website with client testimonials, feature highlights and demo videos of your software. Use social media and content marketing to showcase the benefits of your services, such as cost savings, error reduction compliance accuracy and many more. Networking with local businesses and participating in professional forums can also help increase your visibility in the market.

Stay up to date and constantly improve:- Accounting laws and technology are evolving quickly, so keep your software updated with new versions to meet regulatory requirements after getting client feedback. Introduce AI-powered features like predictive analytics or fraud detection to stay ahead of competitors. Engage with your clients regularly to understand their challenges and improve your offerings.

By combining your expertise in accounting with cutting-edge technology, you can create a reliable and scalable bookkeeping solution that not only supports businesses but also establishes you as a leader in this field. Start small, focus on client needs, and let your service grow along with your reputation.

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