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Amit

Amit Grover  | Answer  |Ask -

Answered on Feb 08, 2012

Shakeeb Question by Shakeeb on Feb 08, 2012Hindi
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Sir, Whats your advice for people who would like to be social entrepreneur? Hows the trend in social sector

Ans: there are rich people like bill gates, azim premji and warren buffett who are looking for innovative models in social sector. In India, there are various sectors where social impact can be made including financial inclusion, healthcare, energy, housing etc.
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Harsh

Harsh Bharwani  |64 Answers  |Ask -

Entrepreneurship Expert - Answered on Feb 17, 2023

Asked by Anonymous - Feb 14, 2023Hindi
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Harsh, I am a social entrepreneur. Can you please share some tips to improve communication and business?
Ans: As a social entrepreneur, effective communication and business practices are essential for your success. Here are some tips to help you improve both:

Clearly define your mission and goals: A well-defined mission and goals are the foundation of any successful social enterprise. Take the time to think carefully about what you want to achieve and how you will measure your success. This will help you communicate your purpose effectively to stakeholders, including customers, employees, and investors.

Develop a strong brand identity: A strong brand identity will help you stand out from competitors and attract customers who share your values. Ensure that your brand message is consistent across all communication channels, including your website, social media, and marketing materials.

Build a strong network: Networking is critical to growing any business. Attend relevant events, connect with other social entrepreneurs, and build relationships with key stakeholders in your community. You can also join local business groups or organizations to expand your network.

Embrace social media: Social media is a powerful tool for social entrepreneurs to connect with their audience and promote their brand. Post regularly and engage with followers to build relationships and increase your visibility. You can also use social media to showcase the impact of your work and share success stories.
Keep learning: Social entrepreneurship is constantly evolving, so it's essential to stay up-to-date with the latest trends and best practices. Attend workshops and conferences, read industry publications, and seek out mentorship opportunities to stay informed and improve your skills.

By following these tips, you can improve your communication and business practices as a social entrepreneur and increase your chances of success.

..Read more

Ramalingam

Ramalingam Kalirajan  |7279 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 29, 2024

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Hi..My retirement is die next year in April 24...My aim is to spend my next innings in doing social work like engaging myself with NGOs etc...but how to approach them its difficult to know...if you can guide on this...plz help
Ans: Embarking on a journey of social work and community engagement in your retirement is truly commendable. Here’s a guide to help you connect with NGOs and find meaningful opportunities to contribute your time and skills:

Identify Your Interests and Skills
Self-Reflection: Reflect on your passions, interests, and skills. What causes are you passionate about? What skills and expertise can you offer to make a difference?

Personal Values: Consider your personal values and what issues resonate with you. Whether it's education, healthcare, environment, or social justice, aligning with causes that reflect your values enhances your engagement.

Research NGOs and Volunteer Opportunities
Online Platforms: Explore online platforms dedicated to connecting volunteers with NGOs, such as VolunteerMatch, Idealist, and GiveIndia. These platforms list volunteer opportunities based on location, cause, and skills.

Local Networks: Reach out to local community centers, religious organizations, and social clubs in your area. They often collaborate with NGOs and can provide information on volunteering opportunities.

NGO Directories: Consult NGO directories and databases to identify organizations working in your areas of interest. Research their mission, programs, and volunteer needs to find a good fit.

Attend Events and Workshops
NGO Events: Attend events, seminars, and workshops organized by NGOs in your community. These gatherings provide networking opportunities and insights into their work.

Volunteer Fairs: Participate in volunteer fairs and community events where NGOs showcase their work and recruit volunteers. It’s an excellent way to meet representatives and learn about their projects.

Reach Out and Volunteer
Contact NGOs: Reach out to NGOs directly via email or phone to express your interest in volunteering. Introduce yourself, share your skills and availability, and inquire about volunteer opportunities.

Offer Your Expertise: Highlight your professional background, skills, and experiences that could benefit the NGO’s initiatives. Whether it's fundraising, event planning, marketing, or project management, your expertise can make a significant impact.

Build Relationships and Stay Committed
Build Rapport: Build rapport with NGO staff and volunteers by attending orientation sessions, training workshops, and team meetings. Establishing relationships fosters collaboration and a sense of belonging.

Stay Committed: Once you commit to volunteering, honor your commitments and be reliable. Consistent and dedicated involvement strengthens your impact and fosters trust within the organization.

Conclusion
Engaging in social work and volunteering with NGOs is a fulfilling way to contribute to society and make a positive impact in your retirement. By identifying your interests, researching opportunities, and reaching out to organizations, you can find meaningful ways to support causes you care about and make a difference in the community.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

..Read more

Latest Questions
Harsh

Harsh Bharwani  |64 Answers  |Ask -

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.

...Read more

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