The Power Of Hands-On Learning In Entrepreneurship

The Power Of Hands-On Learning In Entrepreneurship

When you hear the word ‘learning’ one of the very first things that comes to your mind must be a classroom full of students paying attention to the teacher in front of them. However, the definition of learning is more than that. It is more than being caged in a system and follow what the other teaches you. There are many ways to learn with different strategic and methods. In entrepreneurship, the willingness to keep learning is necessary for you to reach success. However, hands-on learning can be considered as one of the among many learning methods that work best in entrepreneurship.

How powerful is hands-on learning in entrepreneurial world?

Entrepreneurs come from different backgrounds. Some of them may learned about business through formal education before. Meanwhile, there are also some others who learn through informal education. There are also those who just dive in and hands-on learning everything as they run their businesses. So how important and powerful is hands-on learning in entrepreneurship?

How powerful is hands-on learning in entrepreneurial world

Hands-on learning is not something new because it is often implemented in early childhood education as well. Many educators and teachers find it more effective in helping students to retain information. It is also considered more engaging because it provides critical thinking and practical problem solving opportunities through real experiences. Hands-on learning is putting a concept into real action. And you can implement it also in during your entrepreneurial experience.

As entrepreneurs, you are required to take many jobs, making you have multiple responsibilities at once. You have to communicate with customers and market your services. You also have to develop effective business model to generate revenues. You have to manage your employees to build powerful workforce, and the list keeps going on. There are sources you can use to gain more knowledge in many entrepreneurial aspects. However, your knowledge will become so much more real when you implement them in real scenario. Your knowledge and abilities will keep improving the more you have real experience through hands-on learning. 

It is also important for you to recognize the potential of trials and errors. Hands-on learning means you implement what you already knew into real-world, making you able to identify more accurately of how it works. Sometimes, it results in good outcomes but sometimes it doesn’t. do not see errors as failures. Instead, use them as opportunities for you to learn more what went wrong and how you can fix it for better result later. You still gain knowledge because you know what mistakes to avoid. 

It is also beneficial for you to consider having a mentor to help you with your hands-on learning.  They will help guide your journey and improve your learning outcomes without excessive intervention. A great mentor offers guidance for you without keeping you on a leash. They help you by pointing you in the right direction and offering correction as needed. They don’t dictate you but share their insights and expertise that will help enhance your actions. They are not meant to do the work for you. 

The Cost of Running Bali Holiday Villas You Need to Learn

The Cost of Running Bali Holiday Villas You Need to Learn

Owning some holiday villas and properties in Bali could indeed results in a very profitable business venture. Renting out your property in Bali might be a convenient method to supplement your income. However, owning a holiday villas in this island and renting it out is not as simple as it seems. Behind that lies the tax, running costs, and other crucial things a villa owner needs to know.

Purchasing Your Bali Holiday Villas and Dealing with Purchasing Tax

Once you purchase your Bali holiday villas in local property site like Kibarer, it would be simple to list your house for rent on sites like Airbnb, HomeAway, VRBO, or Indonesian local unicorns Traveloka and Tiket.com. However, if you do not prepare, you may discover that becoming a host is difficult and even costly. And that’s not only the cost of purchasing your villa—but also purchasing tax, income tax, maintenance costs, and other hidden fees you might not know before.

First, you have the purchasing tax to deal with when you buy the villa. A ten percent tax must be paid to the government when purchasing or selling property in Bali. Typically, this tax is split 50/50, leaving each buyer and seller with a 5% tax to pay. You must pay annual taxes if you own a property, whether it is leased or freehold. Taxes are due at the government office, and it is your obligation to ensure that they are paid. This tax is typically quite modest, and it is determined by the size and location of your land, as well as the size of any structures on it.

Income Tax for Villa Owners in Bali

Income Tax for Villa Owners in Bali

You must pay income tax on all bookings/transactions while renting out your home, regardless of whether you are an Indonesian citizen or do not have an Indonesian tax identification. Villas with a maximum of five bedrooms in approved tourism zones can apply for a Pondok Wisata license, which permits them to conduct a daily rental company based on tourism. Those who live in residential areas can apply for a Rumah Kos (Guest House) license, which permits them to rent out a maximum of 10 rooms. If the property is owned by a real business entity, licenses must be in the name of the legal landlord or a company director in both circumstances, and a local tax ID must be provided.

Also Read:

Converting Your Private Bali Villas for Long-Term Rental

Service Fees for Listing Your Villa in Travel Sites

While Indonesian local unicorns travel startup Traveloka and Tiket.com doesn’t charges fees for host, Airbnb charges hosts a 3% fee to cover the cost of payment processing. This is similar with VRBO by HomeAway that also charges hosts to list their properties on the site. People who want to use the site frequently can promote their home for $349 per year and avoid paying a fee on each booking. Those who rent their houses out on a less frequent basis can avoid the yearly charge by paying a 10% commission on each booking booked through the site.

Managing Villa Supplies

Managing Villa Supplies

As a villa owner, you are responsible to provide guests with fresh bedding, towels, and other amenities. Purchasing a second set of linens may be necessary depending on how frequently you will be entertaining guests. If you want to keep specific rooms and closets off limits while guests are staying in the house, you may need to invest in locks.

Also Read:

What Guests Really Wants in A Seminyak Private Villa Bali

Regular Cleaning Cost

Before and after you rent out your Bali holiday villas, you’ll undoubtedly need to spend some time cleaning it. You can clean it by yourself, which will be more cost-effective but require a lot of your time and energy. Alternatively, you can hire a cleaning service, but this will add up to the overall cost of running the villa.

Insuring Your Bali Holiday Villas

Short-term rentals are covered by certain house insurance plans. However, having numerous short-term visits by different guests in your villa, the insurance provider may require you to purchase a commercial coverage that covers a hotel or a bed and breakfast. The average insurance companies in Bali have villa package especially formulated for Bali holiday villas owners. This packages usually have comprehensive protection against all hazards, including structures, swimming pools, furnishings, electronics, machinery, and office supplies. To find out what is covered, contact your insurance carrier.

How To Be A Credible Female Leader In Business World

Female entrepreneurs are still minorities in business world. Hence, it is challenging for women to build and develop their business reputation. The process can take time because making people take you seriously is not easy. However, you cannot depend on others to build yourself confidence and credibility. You have to learn how to do it and assert yourself. Credibility is the key especially if you are the only woman at the board table. 

How strong you must be as female entrepreneurs

When you choose entrepreneur route, you need to build your grit, stamina, creativity, and adaptation skills. Failing and making mistake is something common in entrepreneurship and you should not be discouraged but it. In fact, it is something that can help you grow better, stronger and faster in managing your business. And here are few lessons you can learn about how to be a credible and assertive female leaders:

Keep learning and place yourself in the future

It is true that some fields require degrees including business. It will be beneficial if you have an advanced education but you can also get your education from anywhere including a community college. The most important thing is to not stop learning as you go into the business. It is a must to learn by doing because it teaches you many things you don’t get from schools. It doesn’t matter if you start your career by working under someone else. You can learn how to build your credibility and open more opportunities to meet your future business partner and customers. 

Do what you want to do

Even though it sounds so simple, not many women or people follow it. Many women are pressured to do or pursue something out of traditional obligation. However, you can break the chain by doing what you truly love instead. Follow your true passion because it offers catalyst to build your credibility and reputation. Also, you won’t likely to get bored easily if you do what you love because you are your own motivation to keep going. 

Build your business organically

It will benefit you if you make your own money before expecting venture capitalists to do it for you. Not to mention that venture capitalists tend to not put so much interest in female entrepreneurs’ products or services. They tend to be more interested in you if you have a drive force to be success. Hence, prepare to show your hardwork, vision, and success before jumping into venture capital. 

Always work hard and practice discipline

Before your business grows bigger, you should rely on yourself by taking care of many things at once. It is to be expected because working hard is a norm if you want to be a successful female leader. Also, practice discipline so you know how to be consistent in your work ethic while being unafraid of any challenges. This is how credibility being built and how the others will notice it; through your work ethic, passion, resilience, and discipline. 

Diving Komodo: Important Things You Need to Know

The favorite activity that you can do in the Komodo islands is diving. Diving Komodo for beginners is generally more focused on the beauty of the underwater to pay less attention to the conditions or characteristics of each dive site. In fact, every dive site may have sudden changes in currents. Diving Komodo dragons require special skills or at least have an advanced or master certificate. The purpose? To ensure divers can perform rescues when the current changes rapidly. 

komodo diving - samara liveaboard

Diving Komodo dragons and the characteristics of their waters

Several Komodo diving sites such as Manta Point, Yellow Wall, Batu Bolong, and Tatawa Besar have strong underwater currents. Divers don’t even know they can find twisting underwater currents. Do not forget that the location of the dive sites is flanked by the Pacific Ocean and the Indian Ocean.

Customize the dive site with the certificate you have

Sometimes novice divers force to dive at the Komodo diving site with strong currents. It is the guide’s duty to prohibit novice divers to prevent any dangerous things from happening.

The Komodo dragon diving site is indeed very popular with its spectacular underwater scenery. Generally, the guide will provide information that only advanced and master-certified divers can do the dives.

If you are a beginner diver, you can dive and enjoy underwater at Sebayur Kecil, Turtle City – Siaba Besar, Sabolong Kecil, China Shop – Cauldron, and Crystal Bay. Make sure you or your group are under the supervision of a dive guide and pay attention to directions for the safety and security of divers.

Safety aspects of the surrounding conditions

Komodo liveaboard is increasingly trending and the choice of divers to enjoy the underwater and scenery along the way. Luxury liveaboard Komodo offers comfort and luxury during your sailing holiday trip. You can use all the facilities during your Komodo diving trip.

Not all liveaboard operators provide the diving equipment you need. Ensure the comfort and safety of your Komodo diving by checking all your diving needs. Make sure the liveaboard you rent is in good condition for the safety of your cruise for days.

The average number of tourists stay on a boat or on the Komodo Islands is 5-6 days. The activities you will do are not only diving but also exploring other tourist destinations such as seeing large reptiles, Komodo dragons. You can do trekking, and enjoy the best sunrises and sunsets in the Kalong Island area.

Driving Revenue By Connecting With Customers Genuinely

Driving Revenue By Connecting With Customers Genuinely

When it comes to business, there are many goals to reach and one of them is to always be closing. However, this is often misunderstood by many customers thinking that sales professionals will do everything to speed up the process even by making a shortcut that doesn’t put customer’s best interest in mind. This is a common stigma many sales professionals still receive now. However, there must be something that started the stigma.

Sales professionals focus

It is often that sales representatives focus on showing products or service and educating customers about the benefits without considering the customer’s unique needs. This often happens during procurement process. Hence, it is a must to change the mindset in professionals who are responsible to promote and sell their products to customers. 

Sincerity is the key

Encourage your sales team to approach the sales process with care

Businesses can do unconventional methods or thinking to drive revenue. However, sincerity should always be the core of business actions and during the procurement process. Do not let your sales team view sales from traditional standpoint. Instead, engage your team to think in another standpoint, allowing them to be ready for any changes while being connected genuinely with customers. 

Encourage your sales team to approach the sales process with care

Your customers seek out for products and service with care and effort. They spend money they have earned to buy your products and service hence, reciprocate the sentiment by giving them back with care and effort to them. Only this way, you will gain trust and loyalty from your customers because they know you are being genuine with the procurement process by putting their best interest.

Encourage your sales team to position themselves as partner in the sales process

Encourage your sales team to view their potential customers as though they have already know your product and service from their own research. Hence, you view customers as educated professionals when presenting them with products and services. Always position the firm and branding to match with the genuine reasons why they are offered solution. 

Put different approach with each potential customers

Encourage your sales team to view customers as unique individuals. Each customer must have different needs so make sure your sales team help each customer to find the right product and service that solve their problems. This way, your sales team will understand better customers’ desires and become the right partner for them for the buying process. Help customers make the best decision to purchase something the fit their needs. 

Encourage your sales team to keep the buyer’s perspectives in mind

To obtain customers as client, connect with genuinely by thinking in their perspective. This way, your sales team will take actions based on what customers truly need. Encourage your sales team to focus on giving solutions with care, passion, and deep understanding of customers. By connecting and partnering with customers during buying process, you allow them to feel more in control with their decision. It provides better buying experience to them. 

Converting Your Private Bali Villas for Long-Term Rental

Converting Your Private Bali Villas for Long-Term Rental

Short term vacation rental is quite a popular business in Bali. In fact, most private villas in Bali are turned into vacation house to accommodate the travelers. However, short term rental properties are quite saturated in this island and more property owners are entering the market every year. This is why long-term villa rental is appealing. First, you have less competition as hotels and resorts are eliminated from competitors. Second, there are lots of foreign settlers in Bali that needs a temporary home for a year or two. These are more reasons why long-term rental is beneficial for private villas owner.

A Reliable Source of Income

Long term income guarantees a steady cashflow to your bank account at all season. You don’t have to devise a special marketing strategy during the low season and slow months, because your long-term renter will pay the rental cost every month. Long-term rental has the advantage of ensuring consistent earnings throughout the year. If you’ve had a reduction in bookings, this can help you maintain your earnings.

Less Property Management Responsibilities

You Don’t Have to Fully Furnished Your Private Villas Bali

Management responsibilities are reduced. When compared to short-term renting, tasks like guest communication, check-in and check-out, and web promotion are reduced when you only rent to one visitor at a time. In most cases, you will only need to speak with the visitor once they have checked in and settled into the property.

You Don’t Have to Fully Furnished Your Private Villas Bali  

Less Property Management Responsibilities

Furnishing the private villas Bali to the detail is essential for short term rentals. However, this is not necessarily the case with long-term rentals. Long term rental allows you the option of fully furnishing or partially furnishing the property. When seeking for a longer lease, many tenants bring their own furnishings. This can help you save money on additional rental furnishings.

Saving Money on Less Amenities to Provide

Short term and long term rental have different amenities that guests need in the house. In the short-term rental industry, competition can be fierce. This is because the guest-to-rental ratio frequently favors guests, who can choose from a variety of rentals. To make their rentals stand out, hosts frequently invest additional money on basic amenities. This is less prevalent in long-term private villas Bali rental because visitors have varying amenity needs. Guests wishing to rent for a longer period of time will be looking for basic amenities like a dishwasher rather than a hot tub or a bonfire.

More Villa and Business Insights:

What Guests Really Wants in A Seminyak Private Villa Bali

Foolproof Tips on Building Pet Friendly, Luxury Villas in Bali

Utility Bills of the Private Bali Villas isn’t Your Responsibility

Utilities are one of the most significant recurrent monthly expenses in a rental property, and they can vary significantly from month to month depending on a variety of factors. However, in most circumstances, it is the renters, not the landlords, who are responsible for paying the utility costs.

Things Female Entrepreneurs Know More Than Men Do

When a businesswoman achieved success, they often got asked ‘how did you do that’ but men didn’t. teh gender stereotype in business is real and it still happens more often than not. Many people still underestimate woman’s power to become success in business. Meanwhile, women can be just as (if not more) successful. They can be a mother running multi-million dollar company at the same time. 

What female entrepreneurs know about business and life

Female entrepreneurs have different skill sets than their male counterparts. They can work efficiently without fussing or being forced to. They are gifted that way and there are many other gifts they have. And here are things female entrepreneurs know that men don’t about business and life:

Women can defy norms

Running business and becoming an entrepreneur itself is already how women defy the norm. Women’s businesses are automatically in minority in business world. There are not as many female entrepreneurs in the industry. If you are about to launch your business based on service, innovative app, product, or service, you will be less likely daunted by challenges because you are already breaking new ground by choosing to work. 

Asking for help is not weakness

Asking for help is often viewed as weakness amongst men. However, it is not weakness at all. It is a gift for women to not feeling weak for asking for help when needed, making them quicker to solve problems. Female entrepreneurs can use this gift to reach their success. 

You have to be very clever to get around and ask for what you need

It is more difficult for female entrepreneurs to raise capitals than male entrepreneurs in business world. The same goes to the networking and finding investors. Hence, it is a must for female entrepreneurs to be clever to get around. It is essential that you know how much money you are going to need to raise capitals and how to ask for it. You always speak up with your investors to get what you need. 

Learn how to speak with authority 

Networking event can be a nightmare for female entrepreneurs because it is usually full of businessmen. Striking up conversation can be challenging because people won’t take you seriously. This is where female entrepreneurs know how to get around it. You have to hold your head up and speak with authority. Female entrepreneurs are incredibly strong in this kind of situation which show how powerful and grounded they are.

Take yourself seriously

It is reality for women to not be taken seriously but that doesn’t mean you can just sit and accept. Instead, you need to start taking yourself seriously. Men are handed more things in life than women so that means you don’t get to hesitate to work extra hard to accomplish what you aim for. Once you take yourself seriously, you will feel the empowering effect in you. You will become the most self-assured person who know what you want.

Explore Baliem Valley And Meet The Mummy

You don’t have to go to Egypt to see mummies. In the Baliem valley, Jayawiya district, Papua, there are several preserved mummies. Aikima is one of the charming villages and has several tourist destinations. You can see the beauty of white sand in the middle of the mountain and hundreds of years of mummies.

Baliem Valley Cultural Festival

The Baliem Valley Cultural Festival has been very famous for a long time and is a magnet for tourists who are willing to come to see the festival in person. For photographers, this festival is no longer tasting, because this is the moment they have been waiting for.

The Baliem Valley Festival is an outdoor musical performance. This festival contains dances, songs, and musical performances that tell the life of the Hubula tribe, Papua. 

Cultural performances that were held included colossal war-fighting attractions, traditional dances (ethai), body makeup art with various accessories made by the Hubula tribe. There are also traditional music performances (pikon and witowo), traditional cooking attractions, children’s games, throwing sege, and pig caravans.

The tribes in Papua have indeed experienced modernization but still, adhere to their customs and traditions. One of the most prominent is the Dani men’s clothing that only wears a pubic pent-up or called a koteka.

Dani women wear skirts made of grass or fern fiber called sali. The women carry a rope bag or noken and tie to their heads when carrying pigs or harvesting sweet potatoes.

Mummy in Aikima Village

The actual name of Aikima village is Werapak Elosak and it has been 300 years since the village leader died. The mummy is in the very center of Honai and before removing it must be placed show chair in front of Honai. Someone will hold a jet-black mummy with his head lowered and the body curled up.

The mummy’s body is blackened from continuous smoking. This is the traditional way of the Dani people when mummifying their ancestors. When they smoke, the mummy is also constantly covered in lard. Accessories that are attached to the mummy’s body are still well maintained, such as head coverings, necklaces made of ropes that indicate age.

You need to know that only the temperature officials are usually mummified. Werapak Elosak, a respected village leader and until now the 7th descendant who guards him. What is unique is that they live in the same Honai as the mummy.

Content Marketing Strategies To Boost Your Business

Content Marketing Strategies To Boost Your Business

Content strategy has shown its increasing growth in recent years. It is one of marketing strategies used by many kind of businesses because today’s business is audience-driven. The strategies you use to attract the audiences is to create contents that are based on their needs and preferences to match your business goals and objectives. 

What you need to develop effective content marketing strategy

It is essential for you to build agile content system that will be able to generate a large volume of content relatively quick. Hence, you will be able to create the right type of content delivered to the right person at the right time. The type of contents that are impactful in global enterprise market include thought leadership and brand awareness contents.

Producing content based on customer data is essential for business since it is impactful even though it is challenging. In order to produce the right type of contents, companies should build teams consisted of the right skills that align with your company strategy. Instead of building a content central team, it is best that you establish a more hybrid decentralized model to keep up with demand. You also need to deploy more effective process to review and approve contents. 

What you need to daevelop effective content marketing strategy

You may also consider using AI to help create audience segments, generate more varied contents, and proceed power testing. Content marketing definitely has major role in almost every industry to build brand awareness, convert leads, as well as serve customers. 

Today, digital content is not only about message and audience because it is also more about agility and relevance. The most important key for generating effective digital content is to engage your audiences and grow your brand influence. In order to know what content to deliver, you can use data to find out your audience preferences and interests. Keep in mind that success requires aligning the people, the process, and the technology. 

When it comes to branding, what you need is thoughtful and involved content creation. You also need to make clear lines between content and advertising. It is something blurry in today’s digital marketing done by many retails at companies. To deliver the right digital content, you need to design a system that can accommodate hybrid model for excellence and speed. Many elements should included such as audience-driven approaches, standardization of process, a unifying vision, measurements, etc. 

The bottom line

As mentioned earlier that thought leadership content is at the top in today’s digital content marketing strategy. Hence, you need to flex it into new interactive formats. This way, you not only build authority but also convert, persuade, and service your customers. To power up efficiency scale, use technology such as AI. Or, you can also explore new ways to scale aside hiring additional employees with the right skills. You may also consider automation platforms as well as technologies, user-generated contents, as well as outsourcing partnership. Content marketing is what fuel marketing transformation. Hence, you need to keep up with its forms and formula that will continue to evolve. 

What Guests Really Wants in A Seminyak Private Villa Bali

What Guests Really Wants in A Seminyak Private Villa Bali

With the saturated market of villas and hotels in Seminyak, Bali, it’s not always easy to attract guests to your property. In order to lure guests in, you need to be relevant and providing. In the meanwhile, amenities could really set your Seminyak private villa Bali apart from competitors. So if you want to attract more guests, you really need to listen what they need from your property. Here are some ideas of what travelers want on their vacation home. 

Air Conditioned Room in Seminyak Private Villa Bali

Holiday makers that flock to Bali for summer getaway seek the tropical breeze, but sometimes the heat is just too much. Having the ability to cool down the space where guests lay down to rest would substantially increase their comfort when they arrive during the hot season. If your home does not have air conditioning, you should have at least one fan installed in each bedroom to create a nice breeze at night.

Airport Transfers and Accommodated Tours

Rather than forcing passengers to book these services elsewhere, form a partnership with any local businesses and offer them as add-ons. You could provide several types of transfers and tours, such as pick-up and drop-off at the airport, transfers between cities, car and driver rental, or tours around Bali. Having a pick up service is very helpful especially as some of the nicest Seminyak private villa in Bali are tucked away deep in the corners!

Kitchen and Kitchen Amenities

Kitchen and Kitchen Amenities

Guests living in a beach home, unlike those staying in a hotel or resort, are normally responsible for their own food. This is why your visitors will be looking for a well-equipped kitchen. Invest in high-quality cooking utensils, as well as flatware, bowls, and plates. Many visitors would also expect extras like a coffee maker and complimentary condiments. Your Seminyak private villa Bali will get good reviews if you put special efforts by stocking up all the kitchen essentials. A sufficient quantity of plates, glasses, mugs, and silverware is essential. As a nice finishing touch, include wine glasses and bottle openers.

Basic seasonings like salt and pepper should always have on hand, but varied spices, cooking oils, and a healthy supply of coffee, tea, and sugar will really impress your guests.

More Adapters and Chargers!

The majority of visitors will have their own adapters, but even the most experienced travelers can forget, lose, or break them. They’ll think of you as a lifesaver if you keep a supply of universal adapters and chargers on hand.

A Hairdryer

As an owner of Seminyak private villa in Bali, you should never underestimate how helpful a hairdryer is to the guests. Especially those who spend all day long going round trip between the pools and the beach. No one wants to lug around a cumbersome hair accessory. Hairdryers linked to the wall are sometimes provided by hotels as a solution to this problem. Travelers like dryers that allow them to go out the door quickly (and enjoy their holiday). You could even put a bag on the dryer and hang it on a hook or in one of your bathroom drawers to dress it up.

More Readings on Villa Business Insights:

Different Styles of Exclusive Bali Villas

Foolproof Tips on Building Pet Friendly, Luxury Villas in Bali

Rattan Furnitures 

When guests fly to Bali, they want to take good pictures of their holiday. Especially young travelers—they want their villa to be Instagram-ready. And rattan is all in Seminyak’s hottest trend today! Rattan has an inherent tropical quality that immediately sets a faraway feel—maybe because it’s made from a climbing vine found throughout Southeast Asia. Due to its soft core, it’s often used to make woven furniture, most notably for wicker, and its hard stem can be shaped into furniture legs. And, like wood, it can be painted and stained. The beauty of rattan is its organic nature that adds a textural quality wherever you put it.