Investing in a new business at home can be difficult at the best of times, but it can be even trickier when you want to begin new business ventures overseas. However, with searches for ‘How to start a new business’ increasing by 200% in the past years, it is safe to say people are looking at ways to invest.
Those currently in the early stages of their career are facing a very new set of challenges. As the cost of living crisis continues, Gen Z’s view of what they are looking for from their career has changed. We’re seeing the move from the traditional 9 to 5 to individuals embracing new and exciting ways of working including side-hustles.
On average, we spend about a third of our lives working, so it comes as no surprise that our jobs can have an enormous impact on our wellbeing. Indeed’s Work Happiness Score, found that only 27% of UK workers report being happy at work, with nearly three quarters (72%) admitting that their workplace unhappiness has had a negative impact on their physical and/or mental wellbeing.
Ukrainian-founded Preply, reached a record-breaking milestone in the company’s funding history today, raising $50m USD in its series C, amassing more than USD $100m in investments since inception. Despite the war in Ukraine, founders Kirill Bigai, Dmytro Voloshyn and Serge Lukyanov have succeeded in building a truly global business, expanding the team to over 400 employees of 58 different nationalities across 30 countries worldwide. From an education startup, Preply has become a global e-learning powerhouse that connects the world’s largest live language learning community.
One of a business owner’s main jobs to be done is to find repeatable, reliable and scalable channels to market. If you don’t prove your channel marketing mix quickly enough you’re setting yourself up for failure. According to the Telegraph, 20% of new ventures fail within their first year, with that stat rising to 60% within the first three years. There are a plethora of reasons for failing, but not being able to reach and sell to your target audience is one of the most common.
Health and wellbeing support is a major factor in the recruitment and retention of talent. In a significant survey of 500 HR decision makers in the UK, undertaken for Towergate Health & Protection, 42% stated their support for the health and wellbeing of staff is a key reason people stay with the company. In addition, 31% said health and wellbeing support is a key reason people choose to work for them.
Research carried out by card payment provider, Paymentsense, reveals that 0.2% current job applications offer a four day working week. The benefits a company offers its staff can be ‘make or break’ for many current or prospective employees, in particular as the Pandemic caused a shift in working habits. Companies are beginning to trial a four day working week, which would allow staff more freedom and flexibility.












