Contact Us

for general inquiries and specific information please email

stereotype2us@gmail.com

 

243 Wardwell Ave Suite 8D
Staten Island
USA

#DontStopDreaming Limited Edition Higher Conscious Apparel and Art Handcrafted in Shaolin 

Blog

Filtering by Category: Business

How Seniors Can Boost Their Brains and Bank Accounts by Working in Retirement

Webmaster

Written by Eva Benoit | eva.benoit@evabenoit.com | evabenoit.com

jeff-sheldon-2556-unsplash.jpg

Photo by Jeff Sheldon on Unsplash


Some seniors struggle in retirement when the loss of steady income and the purpose given by work leaves deficits in the brain and the bank account. Returning to work in retirement isn’t for everyone, but for many, it’s a way to not only earn supplemental income but also helps keep them active and engaged.

Why work in retirement?

For a person who has worked their entire life, isn’t the break of retirement the thing you’ve been waiting for your whole life? For some, this holds true. But there are also plenty of benefits of working after retirement. Obviously, there’s the income aspect. Having a side gig well into retirement can help you earn extra cash that can be used to fulfill lifelong dreams like international travel or building your perfect retirement home. 

But the benefits of working at an older age extend far beyond the monetary. Research has suggested that working keeps the brain sharper by stimulating neural connections that we gradually lose as we age. Not only that, working forces one to stay engaged with new technology—another aspect that’s been shown to boost brain function. Finally, working into old age lets us keep our social connections. All of these things are vital in keeping us happy, avoiding depression and isolation, and staving off cognitive decline. 


You’re a small business owner now

After you retire, chances are you’ll end up working for yourself. While you may have an idea of what it means to run a small business, this idea may be outdated. Typical brick-and-mortar small businesses or a business with a traditional corporate structure are not the only way to go when looking for work in retirement. 

For seniors, the internet can be a godsend when it comes to earning supplemental income. It allows you to buy, sell, network, and process payments—everything you need to monetize whatever it is you’re doing. Now’s the time to turn that hobby or something you’ve always loved doing into a true moneymaker. This could include selling your art or crafts on Etsy or another online marketplace, or even offering your professional services. Many retirees keep a foot in the game and opt to work as consultants in their field to provide supplemental income. This is a great way to make extra money and continue to put your years of experience to good use. 



Don’t overlook the power of apps

The sharing economy (sometimes called the gig economy or peer-to-peer) provides seniors with the opportunity to do low-stress work on their own schedule. A lot of this is coordinated through apps. There are plenty of ways to use apps to make money. If you like to drive, you could consider driving for Uber of Lyft. Other apps like DoorDash and GrubHub let you deliver restaurant food to people for a fee. Postmates is an all-inclusive delivery app that connects delivery drivers with people in need of almost anything. TaskRabbit that will connect you with people who need specific tasks done (like fixing a sink or hanging wallpaper). The good thing about these apps is that they help you make money while staying active, and all on your own schedule. 

The cool thing about supplementing your income in retirement with a side gig is that you can set monetary goals and work at your own leisure. Want to earn enough to head out on an Alaskan cruise? Then work a little on the side to help make your dreams a reality. By keeping yourself in the game, you’ll not only boost your bank account, you’ll likely give yourself a mental health boost as well. 

How to Help Your Small Business Recover from Data Loss

Webmaster

Written by Eva Benoit | eva.benoit@evabenoit.com | evabenoit.com

Photo via  Pexels

Photo via Pexels

Unfortunately, data loss is a common threat to business owners. Files are accidentally deleted, malware finds its way onto company servers, or a freak electrical problem wipes everything clean. Not only will this unfortunate event immediately shut down your business operations, but it can also negatively impact your company’s reputation in the long run. Even if you’re able to recover your data, your business can suffer from lengthy outages as you rush to get everything back up and running. Here's how to help your business recover as quickly as possible if you face a sudden data loss.

Hire a Data Recovery Specialist

The first thing to do when you discover a data loss is to call in professional help. Data recovery specialists can help you recover lost files and keep your downtime to a minimum. And outsourcing to a specialist, rather than trying to do it yourself, can quickly get your systems back up and running when your business experiences a technical failure. Attempting to restore lost data yourself can make the problem worse if you don’t know what you’re doing, so avoid googling DIY data recovery tricks or installing data recovery software. A specialist in data recovery loss know exactly how to work with software and hardware to recover data without causing further damage.

In the event of a system failure, Secure Data Recovery advises that you avoid operating your storage system and keep your computer turned off until a specialist can properly analyze your problem. By doing so, you will drastically improve your chances of a successful recovery.

Get the Facts Straight

One of the first things to do after a major data loss is to record everything you know about what happened. You’ll want to find out how much data was lost and what type of data is missing. Was it company financial records? Website files? Your customers’ personal information? Take note of everywhere the data was stored and everyone who had access to it. Don't forget to list email accounts and remote servers that may have held the data at some point. You’ll also need to determine if it was simply lost or if it was stolen. If the data was stolen, you’ll have to take some extra security measures as soon as possible to reduce the extent of the damage.

Notify Your Affected Customers

Since a data loss or breach puts your business’s reputation on the line, it’s important to make a statement to your affected clients or customers before the media outs the issue. Keep your notice free from technical jargon, and reassure the customer that you're doing everything possible to protect their information. If you want more tips on breaking the news to your customers, read this article by Business Insider.


You should also check your state regulations to find out what kind of legal responsibility you have and who you are required to notify about the lost data. This can help you avoid harsh fines for failing to notify regulatory bodies in the event that your data was actually stolen.


Take Preventative Measures for the Future

After analyzing the situation and determining the cause of the data loss, start planning so this doesn’t happen again. MSP Insights recommends identifying potential risks as a good place to start. Find out if your web hosting provider has security and accident-prevention measures in place to keep your data safe. Ensure you have a fail-proof backup system working so you can recover your business ASAP if an accident occurs in the future. Try to have 3 physical copies of your company’s data stored in 2 different formats, and at least one copy of your data stored off site. It’s also a good idea to teach your employees about data security and how to be on the lookout for malware or viruses.

As a small business owner, the first thing to remember when faced with a data loss is to remain calm. It's natural to panic in this situation, as many people do. Although your business may suffer a decline due to downtime or a hit on your reputation, it is very possible to recover when you take the correct actions.

Increasing Your Income With Side Gigs When You’re a Solo Parent

Webmaster

Screen Shot 2019-03-21 at 2.03.26 PM.png

Written by Eva Benoit | eva.benoit@evabenoit.com | evabenoit.com

Raising a child is a tough gig for any parent, but raising a child as a single parent can be exponentially harder. There are not only financial considerations, but also time constraints to take into account. And with all the responsibilities of being a single parent, who has spare time for a second job to cover the extra expenses? Leaving the house to work requires finding a sitter, and sitters cost money.

It is a difficult task for any single parent to make money, especially when it costs money to take time off from parenting in order to work. If you find yourself in this cash-strapped situation, check out one of these side hustles that can bring you extra income without leaving your child in someone else’s care.


Customer Service

Many companies hire part-time and full-time customer service representatives to man their online or phone support systems. If you enjoy helping people and don’t mind some of the challenging interactions that come with customer support, then you might want to consider applying to be a call center agent, telemarketer, or customer service or tech support representative. Some of these jobs can be done from home, and the hours can vary. It’s a great at-home option for someone who has free time at night when the kids are asleep.


Vending

Offline businesses also need staff to serve customers in person. Working at a physical location once a week could be the right move for a parent who has a day off from the kids. Talk to the vendors at farmers markets, swap meets, craft fairs, and flea markets, and offer your help covering their booths. It might only be seasonal work or an occasional festival, but the time you put in will help subsidize your income on the side.

Perhaps you would like to be a vendor at a market, fair, or festival to sell goods or crafts. Doing so would be a chance to earn income while bringing your family with you to work. If you’re selling goods in person, cash isn’t always the best payment to accept. Many customers don’t carry enough cash to make purchases, and you’d be missing out on potential sales by limiting your payment method to cash. As an individual merchant, you don’t need to have a credit card merchant account to accept card payments. A portable credit card machine makes it easy for anyone to accept payments from any customer with a credit or debit card. Unlike some of the pricier payment systems that businesses use, Square’s portable system is easy to use and affordable.

Selling Online

Look around you. Your house is probably full of things that you no longer need (old baby clothes, anyone?). Rather than let them take up space and collect dust, sell your things online to clear your home of junk and put some money into your pockets. You can go old school via eBay or Craigslist, or you can list on apps like Poshmark and OfferUp. Most sites take a percentage of your earnings, but there’s a layer of protection to the transaction when you sell through these websites and use an encrypted payment system.

Once you get past selling your unwanted personal belongings, you can use your newfound online-selling skills to start a side business. Many shops in the online marketplace began selling from their own stash and graduated to reselling discounted finds online for a profit. Shopping outlets and discount retailers like Marshalls, TJ Maxx, and Ross offer great deals on items that you can turn around at a marked-up (but still less-than-the-suggested-retail) price.

Money and parenting have a paradoxical relationship. You need one to make the other work, but doing one requires giving up some of the other. While having a family means needing to increase your household income to support the expansion, it shouldn’t require sacrificing the time that you get to spend with your children. Instead of giving up all of your family time to work, make your work fit in with the time that you have.

Photo Credit: Pixabay

Tips for New Parents: Advice for a Successful Segue Back to Work

Webmaster

Image courtesy of  Pixabay

Image courtesy of Pixabay

Written by Eva Benoit


Facing the return to work after having a baby can be a physical and emotional challenge.

Thankfully, new parents have lots of great options. Here is important information on making the

transition back into the workforce a successful one.


Employed by someone else

Back to the grind

Transitioning back into a traditional career role after maternity or paternity leave can be

challenging in many respects. In addition to missing your little one, getting back into the groove

of working outside the home can sometimes be awkward at best. As The Guardian points out,

after taking time off, parents can feel like they aren’t quite up to snuff. After weeks away, you

might be afraid your hard-earned skills and knowledge will be rusty. However, you now have

fresh experiences and perspectives to share with others, and your insights into interacting with

people is enriched.


Whether you’re returning to an existing position or planning to make a career move, revisiting

your resume can bolster your confidence and help you articulate all you gained from your time

away. Plan to examine an online, proven resume template to walk you through the process.


Self-employment

Working from home

If you’re ready to trade working outside the home for working remotely, one great way to test the

waters of self-employment is through ecommerce. The key to establishing a successful

ecommerce business of your own is to grow an active customer base, so you need to focus on

a number of building blocks with that in mind. To stand out from the crowd, create a great

website with an attractive, user-friendly design, and be sure the images are high-quality. Think

of a particularly novel presentation and sales perspective, and offer outstanding customer

support. You’ll also want to harness the power of social media like Instagram and Facebook to

boost a following.



Depending on your background, there are several other ideas out there for becoming a work-at-

home parent, such as turning a hobby into a business. Maybe you love crafting or landscaping,

or you are handy with home repairs. Some other ideas are dog walking, babysitting, or, if you’re

good with numbers, you could do some bookkeeping. Consider your strengths and

experiences, and how they could contribute in framing your work.

Pros and cons

Same workplace, new you

There are many benefits of returning to your workplace, such as the break from parenting and

spending time with other adults, but you might want to restrict some of the burden you managed

before. For instance, if you were the go-to for overtime, your priorities have likely changed. It

helps to discuss your transition with your supervisor, ideally face-to-face, but outside your work

environment. Some employers might allow you to work from home at times, or as Working

Mother suggests, you might be able to ease back into the routine with a part-time schedule.

Discuss your priorities and explore what options could help you manage the transition well.

When you do resume your role, strategize to your advantage. Plan to delegate as much as possible, and embrace a healthy balance between your workplace and parenthood.

Your work, your way

Self-employment is a great option for new parents, offering you independence and the

opportunity to still focus on your little one. You can also flex your hours according to other

obligations, but if you haven’t made the journey of self-employment before, it can be a daunting

thought. This is especially true if you’re used to the security of benefits through your employer,

need to rely on human resources to withhold taxes, or if you tend to get stressed out with family

distractions. On the upside, you can save on childcare and the cost of commuting. Depending

on your former role, you might also save on your wardrobe. Bear in mind as Verywell Family

points out that if you are in the midst of climbing a corporate ladder, it can mean a bump in your

career, so it’s crucial to weigh pros and cons carefully.


After having a baby, going back to work can be challenging. Think through how you want your

lifestyle to look and what will facilitate your situation. With some thoughtful strategies you can

segue back to work successfully.