The Stark Reality Of Creating A Startup Post- COVID

At the beginning of the pandemic, people rightly feared for the future of small businesses. The reality was that while big corporations could see out an extended period without profit, many small businesses collapsed after just a couple of months. Keeping a small business going has traditionally meant running a tight ship, and that became unsustainable during the first few months of COVID-19.

But what about starting a business in 2022? There are still plenty of people who are holding off on creating their dream startup until things get back to normal. However, it’s becoming increasingly clear that “normal” is a mirage. Should you risk starting your business now? This has always been a hard question to answer, and nowadays it’s even harder. But the truth is that our current worldwide scenario might be more optimistic than you think.

Post-COVID Startups: Reasons for Optimism

The good news is that, when it comes to startups in a post-COVID world, there is more reason for optimism than negativity. While it is true that certain types of businesses will never get back on their feet in the same way, many other modern businesses are better placed for success than ever before.

The reason for this is simple. The pandemic forced the world to become comfortable with remote work. This was something we were moving towards for two decades, but a torturously slow transition was expedited in just a few weeks in March 2020.

People running online businesses or working as freelancers already knew the potential in the digital space. It took a pandemic for everyone else to catch on. This is not great news for people intent on running brick-and-mortar stores, but it does create more room in the global market for digital startups.

The pandemic is still not over, but now is as good a time as any to create your startup. In fact, creating a startup today means factoring in an ability to adapt and evolve, which will put you in good stead for the ever-changing world of the future.

The ABCs of Digital Business

Creating a digital startup requires a very different approach than the one small and medium enterprises (SMEs) would traditionally take. Your headquarters is no longer a localized, physical space. Rather, it is your website.

Because of this, if you do not put in the work on your website, you are setting yourself up for failure. It is simply not possible to run a successful startup if potential clients are put off by their first encounter. Going to a website that does not work properly or that renders badly on mobile is a deterrent for even the least fussy people.

Fortunately, it is not difficult to create a website in 2022. You can use a website builder like Wix or hire a web designer – there are many excellent freelancers out there with reasonable rates. Your website is your headquarters, but that cannot be where your web presence begins and ends.

Social Media Marketing for Digital Startups

When looking at social media as a regular user, it is easy to see everything wrong with it. The Facebook leaks of 2021 certainly confirmed what many of us already suspected. Social media is not good for you as a person. However, you cannot take that approach into your business.

The simple reality is that social media marketing is one of the most effective ways of reaching clients. It is extremely cost-effective as well, as you reach millions of people with even the smallest budget.

Your social media pages should lead people to your website, but they need to be worthwhile in their own right. In other words, you need to put in the time and effort to build up content and followers, and use the platform to connect and engage.

Today, you should have a Facebook page for your business at the very least. It is highly beneficial to use Instagram for marketing as well. Platforms like Twitter are also useful, although more for engagement than for actual marketing.

Full-Time vs Part-Time Employees

One of the most significant differences of running a startup post-pandemic is that you are less likely to hire people on a full-time basis. Whereas a growing group of permanent staff members used to be a sign of a successful business, today you should have a small but dedicated skeleton staff. For many jobs, you can hire freelancers or other small businesses as and when you need them.

Since you are less likely to rent offices, you will be working with your staff remotely in any case. Hiring freelancers and contractors makes sense, both in saving money on your side and creating relationships with people for whom accountability is built into the work they do.

The good news is that creating a startup post-pandemic is not as difficult as we thought it would be. It is simply necessary to rethink how businesses in the modern world work.

Todayville Content Team

www.todayville.com/

Todayville Content Team works with a wide variety of clients to develop compelling content solutions. Our experienced team develops strategic campaigns that use video and storytelling, digital advertising and social media to help our clients position and distinguish themselves in the market.

Follow Author

NFL And CFL Betting 101: Why You Shouldn’t Bet With Your Emotions

Also Interesting / 2 days ago

Popular Casino Games at 1Red

Also Interesting / 2 days ago

Financial Safety Tips for the Digital Age

Also Interesting

NFL And CFL Betting 101: Why You Shouldn’t Bet With Your Emotions

Published on November 13, 2024

Todayville Content Team

Betting on the NFL and CFL can add an extra layer of excitement to the games, enhancing the
experience for many fans. However, successful sports betting requires discipline and strategy rather than just a passionate love for the game. Emotions, whether high or low, can cloud judgment and lead to impulsive, often regrettable decisions. This guide highlights why detaching from emotions when betting on football is crucial, offering practical strategies to keep your bets rational and strategic.

The Dangers of Emotional Betting

Betting with emotions, or betting impulsively based on personal bias or loyalty, can create a skewed perception of the game. It’s common for fans to overestimate their favorite team’s performance or assume a player’s history will guarantee a particular outcome. These assumptions lead to what’s known as “confirmation bias”, where fans see only the information that supports their beliefs and ignore contradictory data. This can cause bettors to overlook crucial insights, like injury reports or statistics, leading to inaccurate wagers.

Emotional betting also fuels what’s called “chasing losses”. This occurs when bettors, frustrated by previous losses, place increasingly risky football bets in an attempt to win back money. This approach is rarely successful and can quickly turn manageable losses into significant setbacks. By staying rational and informed, you can avoid these pitfalls and make more calculated, objective bets.

Strategies to Minimize Emotional Influence

One of the best ways to avoid emotional betting is to establish clear betting strategies based on data and analysis. Here are a few tactics to keep in mind:

1. Analyze Data, Not Personal Feelings: Before placing a bet, review all available data, including team statistics, recent performance trends, and injury reports. A data-driven approach helps eliminate bias, allowing you to focus on concrete factors that influence game outcomes rather than relying on loyalty or gut feelings.

2. Limit Bets on Favorite Teams or Players: It’s easy to let personal favorites dictate betting choices, but this often leads to poorly reasoned bets. Try to limit the amount of money you wager on teams or players you’re emotionally attached to. Alternatively, look for opportunities to bet on neutral games where personal feelings won’t interfere.

3. Track and Review Betting Patterns: Keep a record of your bets, including the reasoning behind each one and the outcome. Over time, you may notice patterns, such as betting more on favorite teams or overinvesting after a loss. Recognizing these tendencies can help you adjust future strategies to stay more objective.

4. Take Breaks When Needed: If you find yourself betting impulsively or “chasing” after a loss, it might be wise to take a break. Giving yourself time away from betting can clear your mind, allowing you to return with a fresh, objective perspective.

Understanding the Value of Objective Analysis

In sports betting, value is found in assessing odds and comparing them to actual probabilities. Odds reflect a combination of factors, from team performance to public perception, and even individual player stats. For instance, player-specific metrics like Aaron Rodgers player odds may offer valuable insights, especially when factoring in performance trends, injuries, or recent games. Analyzing these detailed odds alongside overall game stats helps bettors avoid the common pitfall of placing hopeful, emotional bets that may lack real value.

When emotion enters the equation, it’s easy to overlook true value, focusing on high-stakes or biased bets instead. By paying attention to player odds and using objective analysis, you’ll be better positioned to spot value where odds align with the likelihood of outcomes, improving returns and reducing the risks tied to emotional decision-making.

The Long-Term Benefits of Rational Betting

Sticking to rational, well-reasoned betting strategies not only improves your chances of success but also makes betting a more enjoyable and sustainable activity. Betting without emotional influence helps you stay in control, reducing stress and frustration associated with losses. Furthermore, disciplined betting habits help build a foundation for long-term profitability, transforming betting from an emotional rollercoaster into a calculated, engaging pursuit.

In conclusion, betting on the NFL or CFL can be thrilling, but it requires an approach grounded in data, strategy, and self-control. By setting aside emotions, analyzing information, and adopting a disciplined mindset, you’ll be better equipped to make informed choices and avoid the pitfalls of impulsive betting.

Also Interesting

Popular Casino Games at 1Red

Published on November 12, 2024

Todayville Content Team

1Red Casino has quickly emerged as one of the best casino betting platforms available for betting enthusiasts in Canada. Players can find tons of casino games available to place bets on this platform and secure winnings. They will be able to start playing the games within a few minutes with the help of the simple and user-friendly interface of the betting platform. However, new users may also find it challenging to choose any casino game and start placing bets as the number of games available on this site is massive. Players can check out the list of popular games at 1Red Casino below.

Slots

Slot games are the centre of attraction for casino betting enthusiasts at 1Red, as they will be able to find an extensive range of slot games available at this site. This includes slot games from several popular developers around the world, such as NetEnt, Pragmatic Play, Evolution Gaming, Micro Gaming, Play’N Go, and many others. Players will be able to enjoy playing across the classic slot games and even the modern titles, with the opportunity to grab impressive winnings. Also, they will be able to place bets over the progressive jackpot games and secure massive winnings.

Table Games at 1Red

At 1Red, even the classic casino enthusiasts will be able to find the popular table games available for them to place bets and secure winnings. They will be able to use the skills and strategies to place bets at the popular table games on the site, which are as follows:

Baccarat: Players will be going against the dealer to place bets on which hand will have the card values closer to 9.
Blackjack: It is also similar to Baccarat, as players go against the dealer with the main objective of getting their card values close to 21 and not exceeding the same to secure winnings.
Roulette: In this game, a wheel is spun in every round, and players can place bets on the numbers or colors to grab winnings.
Poker: Players can test their strategy by playing the Poker game, going against the other fellow players with the best card combination decided as the winner.

Live Dealer Games at 1Red

1Red casino betting platform also allows users to play the Live dealer games, where they can join the live streams of the games and start placing bets with the availability of real-time dealers and other players at the same table. These games will have professional dealers who will be providing them with a real-time gambling experience. It even allows users to communicate with each other at the same time, through which they can increase interaction and even learn more strategies. The casino games that players will be able to play in the live casino section include Baccarat, Blackjack, Roulette, Poker, and various others, with their variations.

Specialty Games

The specialty games at 1Red are also gaining a lot of popularity among betting enthusiasts in Canada. These games are useful for those bettors who want to place bets on casino games that are based on luck. They will be able to find various games, such as Keno, Bingo, and Scratch cards, where they can start playing with small amounts and even get a chance to secure massive winnings. Along with that, these games can be played quickly by the bettors, which will help them reveal their winnings within a few minutes and gear up for the upcoming round of the game.