Tag Archives: Migrant Entrepreneur

8 skills that will help you succeed in business and employment

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The business and employment skills landscape is constantly evolving. Therefore, it’s crucial to keep on top of your game and ensure you develop the right skills to succeed in business or employment, regardless of being an entrepreneur or employee.  You have probably wondered what skills makes people successful in business and employment. And there is never a straight forward answer as it is a combination of multiple factors. However, it is indisputable that you need to have the right skills to succeed in either business or employment. In this article, I will highlight 8 skills that will contribute to your self-development and ultimately succeeding in business and employment. Articulation & communication  Almost every aspect of business and employment boils down to communication and the “people” factor. Whether it’s sales, leading a team or a job interview, communication is a core element. Success in business and employment is highly dependent on fostering mutually beneficial relationships. Therefore, it’s a skill that you must actively develop. Now you notice that I used the verb “articulation” here, and it’s because you may be a good communicator, yet lack articulation.  Being articulate is an evolving progression that will come with time, and it encompasses both verbal and written communication.  Moreover, being articulate is subjective. For instance, the use of the correct words is fundamentally important to being articulate. Your choice of words will significantly differ if you are presenting at a sustainability conference, in contrast to presenting to a team of junior salesmen. Articulation boils down to identifying the correct language for your audience and applying it with confidence. Cultural awareness We live in a globalised world, whether you like it or not. Being culturally aware not only opens doors to new opportunities, but it is also important in being a good communicator (refer to the first point above).  If you live in a multi-cultural society, which applies to most developed countries, cross-cultural awareness is a vital skill to master in both business and employment.  Critical thinking  Success in business and employment is, in many instances, reliant on problem-solving. Unfortunately, one shortcoming of educational systems is not enabling pupils to develop this skill, and encouraging a one-dimensional perspective.  Critical thinking skills enable you to see the bigger picture, identify problems and solutions and subsequently influence others, whether in business or employment. Confidence Ever heard of the phrase “nice guys finish last”? Well let me elaborate: niceness is not bad in itself. However, in many scenarios, niceness derives from a lack of confidence.  Sadly, I had to learn this one the hard way, as I was a “nice” person before and it only allowed others to cross my (non-existent) boundaries and take advantage of my “niceness”.  Again, I am not telling you to be a jerk. However, it is important to understand your strengths and weaknesses as an individual and build relationships based on mutual value.  Remember: today’s world is extremely competitive and there are many not-so-nice people out there. By mastering confidence as a skill, you will set better boundaries and form better relationships. Financial literacy Financial literacy is a skill that is mostly relevant to business and entrepreneurship in a professional context. And it really does not need to be explained in detail as any venture’s success will ultimately depend on its financial health.  However, this does not mean that it is not applicable to your personal life. Being financially literate will enable you to avoid stress, create more opportunities and achieve better health. Legal competency Okay, now I am not asking you to do a law degree or read every single legislation that exists. However, both business and employment operate within legal frameworks, and it’s a skill that will get you far.  The key principle here is awareness of the existing legislations, your rights, obligations and applying critical thinking to them (see above) Sales  I have run two businesses over the last seven years. One lesson that I have learned is that “cash is king”. The purpose, or one of the primary purposes, of business and employment is making money. Nevertheless, allow me to be clear that “sales” skills is not just limited to selling products/services. I am also referring to sales in an interpersonal context. I’ll break it down by asking and answering these two simple questions: How do you make money? By selling  How do you land your dream job? By selling yourself and your competencies  Writing  Writing skills are, in most cases, crucial for succeeding in business and employment.  Writing competencies are vital in becoming a better communicator, and communicating your thoughts, values and skills. Whether it’s writing your resume, cover letter, a blog article on your website or an email to a client, writing skills will help you a lot.  About | My name is Sohrab Vazir. I’m a UK-based entrepreneur and business consultant. At the age of 22, and while I was an international student (graduate), I started my own Property Technology (PropTech) business, StudyFlats which I scaled to over 30 UK cities. I currently help other entrepreneurs and businesses of all size with the digital marketing strategy around SEO, copywriting and content.

The Importance of the Innovator Founder Visa Business Plan

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*Disclaimer: None of the content in this article, or this website, constitutes any form of immigration advice whatsoever. The material in relation to immigration on this website is solely “signposting”. Readers are encouraged to seek advice from a qualified advisor using the OISC’s website. Any opinions expressed on this website are those of the author and of a business nature, nor do they constitute any form of advice.* So you’re considering entrepreneurship in the UK, you may be wondering just how important the Innovator Founder visa business plan is. Now, before we go into the visa part, I have to state that common sense indicates that most viable businesses have a business plan.  Going abroad is normally an experience that most people wouldn’t consider “easy”. Likewise, starting your own business, whether as an immigrant or native, is hardly an easy task. When you combine the two and seek to be an immigrant entrepreneur, you have many challenges ahead of you.  Therefore, it’s really important to ensure you take adequate measures to get the first step right: your visa.  In this article, I will be specifically talking about the Innovator Founder visa business plan, and why it’s key to get it right. So let’s go into why the business plan is vital for your Innovator Founder visa. I will also highlight some other reasons why you should have a solid business plan.  The Innovator Founder visa business plan is necessary for endorsement According to UKVI, (the UK Home Office department responsible for visa applications), obtaining an Innovator Founder visa requires you to have the support of an “endorsing body”.  As my consultancy has a key focus on Innovator Founder visa business plans, I have thoroughly researched these bodies. To save you the effort, I can inform you that basically, all these bodies will require a business plan (at a minimum). Therefore, you need an Innovator Founder visa business plan to be able to obtain an endorsement. Business viability and scalability  As discussed above, your business plan is a key requirement for obtaining an Innovator Founder visa endorsement.  Before starting a business, you need to ensure that your product or service will have viability and that there will be demand for your offering.  Ket factors The process of writing a business plan involves researching various elements. These include (but are not limited to) the following: Without any validating research, your business idea is just the latter: an idea, based on assumptions.  Conducting the research and drafting a business plan helps you validate those assumptions.  Of course, any business is a risk. However, pursuing a business that is backed by research and market need makes it a calculated risk.  Business plans are essential for funding And lastly, if you intend to raise funding from any type of investor, you will need a business plan. Plus, it’s noteworthy that you need a solid (and defensible) one.  This article highlighted a number of key points with regard to the importance of an innovator founder visa business plan. If you wish to learn more, or need help with getting started on the business plan, contact me for more information. Find out more about my services for Innovator Founder visa business applicants HERE. About My name is Sohrab Vazir. I’m a UK-based entrepreneur and business consultant. At the age of 22, and while I was an international student (graduate), I started my own Property Technology (PropTech) business, StudyFlats.I did so by obtaining an endorsement from Newcastle University under the Tier 1 Graduate Entrepreneur Scheme (similar to the current Start-Up Visa). Subsequently, I obtained a further 3-year Tier 1 Entrepreneur Visa (which was replaced by the Innovator Visa). I grew my business to over 30 UK cities, and a team of four, and also obtained my Indefinite Leave to Remain (Settlement) in the UK. I now help other migrant entrepreneurs, such as myself, with their businesses, and mainly with obtaining endorsements from the endorsing bodies.

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