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How to Make Money Online in 2020

Sam Allcock
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0
How to Make Money Online in 2020

Working, furloughed, or just simply made redundant. Many of
us saw a new reality in 2020 that completely changed how we work. If you found
you liked working from home, and generally just want to do more for yourself
using the power of the online world, know that there are many ways to make
money online.

Some will require more hands-on effort. Others only take a
few minutes of monitoring a day. Finding the right option for you is essential
when it comes to starting a side hustle, so consider these great options and
know you can even do more than one and find great success in them:

Trading Cryptocurrencies

Though certainly riskier than other options in this risk, like any day trading
activity is, you can absolutely make a good profit by trading cryptocurrencies.
It is very similar to Forex trading, only rather than with bank-regulated
currencies it is with unregulated cryptocurrencies. You can get started very quickly as well, and
make smart trading decisions even as a beginner with a trading robot that will
help you set smart, automated rules for trading and manually trade when and if
necessary.

Sell Items Online

One thing many of us have likely done is go through what we
have just to sort through it once and for all and chuck out the clutter. If you
have found some great gems that you don’t want, but are valuable, then selling
them online is a great way to make additional money at home. If you find great
success, sourcing more products from online marketplaces and even directly from
other online sellers is a simple but effective business model you can use to
start your own online brand.

Create Online Courses and Webinars

Teaching
online is huge in 2020. You can do this live on a zoom call, or you can do
it passively by creating a series of videos and webinars that people can pay to
have access to. You will need to work to market these classes, but once you
start getting good reviews and recommendations, you can quickly find your own
successful niche teaching what you love.

Find Freelance Work Online

If you have skills that are easy to use on your home laptop,
then you
can work freelance. Designers, writers, editors, videographers – pretty
much everyone who works creatively can find work online as a freelancer. The
trick is to find the right place online. Some websites exploit freelancers and
force them to bid too low for projects. You either get screwed payment wise or
always lose out on work in favour of someone else willing to go too low for
their work.

There are many ways to earn money at home. Start doing any
of these on the side, but once you find your stride, you’ll be surprised at how
easy it can be to transform these side gigs into full-time, flourishing
careers. Just give yourself the time to figure out the ins and outs of the industry
and be prepared to change as you learn more about what works and what doesn’t.

7 Issues Landlord Needs to Address Before the Tenant Moves In

Claire James
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7 Issues Landlord Needs to Address Before the Tenant Moves In

Seeing a new tenant moving to the house can be difficult
for both the tenant and the owner. Getting a checklist of issues that needs to
be resolved before the occupant moves in will help make the process smoother
and ensure you do not skip any crucial steps.

Here are eight things you should fix before a potential
occupant moves into your apartment.

1.    
Repairs
and maintenance

As the landlord, you are expected to ensure the rental
property is in a suitable condition before the occupant moves in. And as soon
as the occupant moves in, the owner is expected to regularly maintain the
rental property, so it’s always in good condition.

A standard and habitable property must have adequate ventilation, be free from infestation, have
good water supply and have had electrical
safety testing – among other essentials.

2.    
Put
everything in writing

Always make sure agreements with your tenant are clearly
spelt out on paper, and all concerned parties understand the rights and
responsibilities of each party. A tenancy
agreement is crucial as it will outline the rights and
responsibilities of the tenants as well as the landlord. It will, in addition,
define the terms of the landlord-tenant relationship. It will also state how
disputes will be resolved if they arise.

3.    
Tenant
screening

The tenant screening process helps you identify the
right tenants for your property; people who’ll be able to pay rent on time and
take care of the properties as though it were their own. Don’t forget to also
check that they have a good credit rating, are legal residents and have no past
criminal record. 

4.     Enforce and follow the rules

You need to enforce
the rules of your tenancy agreement, or your agreement will lose its
value. Some tenants who find you don’t follow or enforce the terms of the
agreement would advantage of your leniency.

The late rent fee is perhaps the most key contract clause
to apply. You may allow a short grace period, but when that expires, ensure
your occupant pays his or her late fee in addition to the actual rent.

5.     Disclosures

Landlords need to provide the tenants with relevant details regarding other issues surrounding the residential property they occupy. The law requires landlords to let the tenant know if there us anything about the property that is changing. For example, if the rented property and the mortgage have been transferred to a new owner, the landlord is obliged to notify the tenant.

Landlords are responsible for providing a habitable, safe
and comfortable living space for their tenants. They should always be ready to
fix any damages in any part of the property — especially those that impact
habitability or safety — in a timely manner.

While
faithfully adhering to such few basic rules may not necessarily shield the
landlord from future conflict, they sure help to create a good landlord-tenant
relationship and make your property appealing to prospective tenants.

How CBD Can Help Level Up Your Workout

Sam Allcock
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0
How CBD Can Help Level Up Your Workout

With gyms closed and group classes relegated
to the online world, at-home workouts are the new normal. Feeling a bit
lackluster after months of squats in your living room? Want a new solution so
you can improve your endurance and recovery?

Look no further than CBD.

Using CBD is a great way to level up your
workout routine at home. By reducing inflammation and promoting restful sleep,
CBD helps you feel rejuvenated and energized. This is an all-natural and
non-addictive solution to enhance your overall fitness.

Here’s how CBD helps you feel great when working out—plus some extra self-care tips to take your fitness to the next level.

It may be costly over time but there are a lot of CBD discount coupons out there to help with the regular cost.

Reduce
Inflammation

As any athlete knows, inflammation from
overexertion can lead to injuries and burnout. Although it’s important to push
yourself, it’s equally essential to let your body recover. Without proper rest,
you’ll soon find yourself struggling to finish your workout or aching the next
day.

Here are a few tips to curb inflammation before
you hit the gym:

  • Stretch –Stretch it out! Take ten minutes to do gentle stretching before you move to
    heavy lifting. This loosens your muscles and prevents strains and tears.

  • Hydrate –Water is not overrated. Make sure you’re well-hydrated, as this increases
    circulation and regulates blood pressure. 

  • CBD –Use
    CBD before you exercise to reduce inflammation. Reduced inflammation
    facilitates speedy recovery and helps boost your immune system, so you’ll stay
    healthy and fit.

Improve
Sleep

Being well-rested makes all the difference in
your energy and mood. Life is just easier when you’ve had a good night’s sleep!
We’re probably not the first to tell you that sleep is essential, but if you’re
looking to level-up your workout, you’ll have to give up those midnight TV
binge sessions.

Start by eliminating screens before bed.
Instead, read a book or do a crossword puzzle. When you’re relaxed and ready
for bed, try this CBD gummy with added melatonin: https://cbdfx.com/collections/cbd-gummies/. CBD aids in
relaxation, while melatonin helps reset your circadian rhythm, so you’re sleepy
at bedtime. This way, you’ll drift off to sleep easily and wake up feeling
refreshed.

Manage
Pain

Sometimes even the most limber athletes
experience sore muscles after a big workout. If your joints are achy and stiff,
try some CBD cream to ease pain and reduce swelling.
Gently massage the sore area when you apply the cream to increase blood flow
and relax the muscles.

For more stubborn injuries, combine CBD cream
with an ice regimen. You don’t want to overdo it with the ice, so start by
applying the ice pack for 10 minutes (and wrap it in a towel to protect your
skin.) This will help soothe and calm inflamed muscles. We recommend this one: https://earthhero.com/products/travel/u-konserve-recycled-plastic-gel-ice-pack/

Lessen
Anxiety

Fitness is as mental as it is physical. Mental
stamina is just as important as physical stamina if you’re working towards a
specific goal. You’ll need determination to reach the finish line! Anxiety is
normal, but there’s no need to feel limited by your mental health.

With several simple changes, you’ll feel calm
and focused:

  • Yoga –Yoga
    supports both your mental and physical well-being. Adding yoga to your routine
    centers and refocuses your mind. Plus, you’ll get some bonus stretching time!
    Find a comfortable yoga mat, so you’re not sliding around during your practice.
    Check out this site for a variety of yoga mats: https://www.manduka.com/pages/collections-yoga-mats
  • CBD –Including
    CBD into your routine is an all-natural way to minimize anxiety. In addition to
    improving your sleep, CBD reduces stress and lowers blood pressure.

  • Meditation –Get your head in the game with some guided meditation. Meditation
    trains your brain to let go of anxious thoughts and to focus instead on the
    present moment.

Feel
Empowered

Above all, incorporating CBD in your workout routine empowers you to tackle new challenges. Whether you need to improve your sleep or ease your aching quads, CBD is a fantastic supplement to support your fitness goals.

Remember, your fitness journey is personal. You have control over your health. Find
a routine that works and stick to it! There’s no time like the present to
improve your well-being.

How has COVID impacted UK’s roads?

Claire James
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How has COVID impacted UK’s roads?

How has COVID impacted UK roads? The car gurus at ATS Euromaster recently ran a report looking at
that very question, with two “normal” years (2008 and 2018) pitted
against pandemic-ravaged 2020.

There’s plenty to dig into, and we’ve
decided to drill into three areas of the report in particular:

Let’s get cracking.

Bicycles are in vogue – and weekends
are an especially popular time

Footfall has tanked on public
transport and gone towards two-wheeled travel instead.

Bicycle traffic has been higher than
normal from March-September, and is predicted to increase. If nothing else, you’d think the
pandemic has done wonders for retailers in this sector.

Let’s look closer:

Bank Holiday traffic is way down

Bank Holidays are an interesting litmus
test because, barring New Year’s Day, they’ve all fallen within the lockdown
period. And one thing is abundantly clear: they haven’t been the same in the UK
this year.

Let’s look at vehicular traffic
during Bank Holidays.

Vans are holding steady

Vans have
been a fixture of UK roads throughout lockdown.

  • Though
    numbers dropped the day after the Prime Minister announced the nationwide
    lockdown, they’ve since been climbing – up to 50% of normal levels in early May
    and close to 100% by the end of June.
  • In
    fact, as of September, there are more weekend vans in circulation than you
    might find in other years. This suggests a renewed appetite for online
    deliveries that arrive when people are home on Saturday and Sunday. Good news
    for Amazon and co, no doubt, though perhaps a worrying statistic for the flagging
    high street.

Check out
the ATS Euromaster report for more. You’ll find plenty to digest, including
what our roads looked like in “normal” times (2008 and 2018) and even
some useful things to keep in mind should you wish to beat rush hour.

In the end, while public transport numbers remain low, car traffic is getting back to normal. Meanwhile, cycling has never been more popular and given that getting fit is one form of protection against COVID-19, this can only be a good thing.

6 reasons why your business needs technical translations?

Claire James
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6 reasons why your business needs technical translations?

Despite the wide availability of automatic translation tools, language translation services are still highly popular, as they allow business owners to reach even the most niche customers easily (while most tools operate only on the widely used languages). The translation of technical documents and other written materials is therefore key for expanding your business internationally. Here are 6 main reasons why you should pick up technical translation services.

1.
Reaching Non-English speakers

Although English is one of the most globally spoken languages (over 330 million speakers worldwide), not everyone can understand it and use it on an everyday basis. Even for people who speak it as a second language, most technical and specific vocabulary won’t be quite well understood. In fact, technical jargon can be rather difficult even for native speakers.

Therefore, most people prefer to use their native language, especially when it comes to business and technical documents. Translating your documents is the easiest way to make sure your content is properly presented and fully comprehended – mutual understanding is the basis of successful business. Additionally, people will feel more appreciated and willing to buy your products if you reach them through their native language.

2. The need of a subject matter
expert

Simple word-to-word translations are no good for business purposes. Retaining of the original message while making sense to the reader is much harder than simply translating it with a technical dictionary opened on your lap. Wider context is key for conveying your message correctly, with consideration of dialects, social norms and language nuances.

This is made even harder with highly technical industries – the translator must not only have vast knowledge of the target language, but also be an expert in technical jargon used in that specific industry branch. The best example for this is the aerospace industry, as it’s naturally international and requires very effective global communications. There’s not much margin for error and everything must be as concise and clear as possible. So if you’re looking for technical translation services, your best bet would be experienced translation agencies employing specialised translators, e.g. TEXTOLOGY – Translation agency based in London.

3. It links to the global economy

Interpretation and translation remain important aspects of global businesses conduction and the demand for it, especially technical translation services, will keep expanding in the foreseeable future. Even though English is still a preferred language for conducting business globally, the need to reach the masses from all the different regions of the globe is still rather big. If an enterprise wishes to enter the global market, and keep increasing its profits and revenue, it needs to translate the instructions, packages and labels of its products to the native languages. This will enable locals to relate to the product with ease, which in turn will bring profit to the company.

4. Health and safety risk

Some technical subject matters may bring about health and safety risks, e.g. dealings with industrial equipment. This means that manufactures operating globally must be able to effectively communicate with customers and business around the world. Therefore, every operation manual, installation guide, product specification and hygiene and safety procedure needs to be highly accurately translated and easy to understand for everyone.

Finding a specialised
translator is crucial in any industry that involves health and safety risks.
Being an expert in his field, he will not only provide accurate translations,
but also know all legal requirements regarding product safety advice for the
target country and language. With a professional technical translation you
won’t have to worry about any breaches of product safety requirements and
corresponding to them legal actions while you’re expanding across the border.

5. Keeping consistent level of
complexity

High quality technical translation will help you keep all of your documents’ complexity intact. This is especially significant when you want to communicate a complex idea to a simple language. A professional translator with vast knowledge of the subject matter can convey your message without it sounding basic or demeaning, which wouldn’t be accepted in a business environment full of industry experts. He will also be able to make the translation less direct without sacrificing evenness in speech, tone and complexity — as a word-to-word translation would be hard to digest or might even sound simplistic.

6. Operating in a heavily
regulated industry

A relatively big share of industries is a subject to many strict regulations aimed at protecting customers and businesses. Those rules and laws regarding products and the way the businesses are run might change at any given time. They may also vary widely, depending on the country, supervisory authority or even local governments. For example, the food industry is regulated by the Food Standards Agency in the UK, while in the US it’s covered by the Food and Drug Administration which rules regarding e.g. sugar content may be quite different.

While choosing the
source of your technical translations, you should aim for translators who,
aside from being experts in the given industry, keep records of regulation
changes and are up to date with them. This will not only ensure high quality of
translation, but also guarantee that all your translated documents will follow
every guideline for your target country and your product is good for
circulation.

Still not sure if you need
technical translations?

Basing your business on just one, even
the mostly spoken, language can be a major setback, as most of the people
prefer to use their native language when it comes to business and its products.
Technical translation is a type of specialised translation which includes the
use of terminology and jargon used in a specific branch of industry or
business. You should make use of translation services when your business deals
with operator manuals, instruction guides, study papers or technical documents
– with the help of a professional translator you can make sure that all your
content is conveyed without errors and quality downgrades. This will help you
avoid problems of false translations when going global.

Tips to save money on prescription glasses

Sam Allcock
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Tips to save money on prescription glasses

Prescription glasses seem to be very expensive when you walk into a store. It looks big enough for bent metal and glass. But don’t worry, there are ways to save money in the store, even if you have a complicated recipe. We live in online shopping time and fast delivery. When shopping for glasses online, you need to check all the boxes and get quality frames at a great price. Alternatively you could try a different option by looking at contactlenses.co.uk.

The average price of glasses

According to VSP statistics, the average
cost of uninsured glasses is $ 238. It’s just for executives. It costs $ 113
for regular glasses. This means that the total amount will cost you around $
351 on average if you do not have eye insurance.

But the prices work. The Consumer Reports
survey says:

  • An average reader spends $ 69
    on full glasses (frames and lenses) in Zenni.
  • The average cost of uninsured
    glasses at Costco averaged $ 184
  • The average cost of frames and
    lenses for spectacles and independent ophthalmologists is $ 400

Why are glasses so expensive

One of the possible reasons is the
craftsmanship and materials used to make the glasses. Frames and lenses are
better made today than they were 30 years ago. Another reason for the trendy
part of glasses and sunglasses is that glasses are so expensive.

The main reasons that glasses are expensive
are:

  • Production costs
  • Material costs
  • Reputable brands

Save money on buying glasses

If you always like how a particular brand
of glasses fits, you can buy that brand and save money by buying at
GlassesUSA.com. You don’t have to settle for frames that you will hate every
time you look at yourself in the mirror. If you always like Ray-Bans, you
should be able to buy new Ray-Bans. Their internal brands are great. The
selection of designer brands is fantastic. In retail, you have more options
than ever before. You may consider to buy cheaper glasses at Smart
Buy Collection.

Tips to save money on glasses

Here are some of the best tips to save
money on glasses

  • Buy glasses online
  • Buy contact lenses online
  • Keep the same lenses or frames
  • Go for cheaper glasses
  • Skip ad-ons
  • Take advantage of free repairs
    and modifications

SmartBuy Bay glass collection 9£

Are you looking for stylish and inexpensive
glasses that you can put away in the office? Bay is your answer! These super
feminine glasses for cats come in a trendy, ultra-compact Havana office press.
With a full-frame, 1.5-lens included, and a two-year warranty, we have selected
SmartBuy Bay Collection as the best choice for your spare pair at work. Check
out Smart Buy Glasses UK for
full details.

Laurie SmartBuy glasses collection 9£

Want affordable, but a little more
exclusive glasses? Unisex Laurie glasses are available in a transparent shade
of blue, yellow, and green, allowing you to stand out with a unique color
palette. With full-frame glasses, these glasses are perfect for both men and
women, so they’re an excellent choice for anyone looking for a “cool”
factor while wearing a prescription.

Jody sunglasses from the SmartBuy collection 9£

You only see what you get with Jody. These
classic square shape glasses are professional and affordable reading glasses.
They are available in transparent gray and have 1.5 lenses, all affordable for
just £9.

Five Great Work from Home Careers for Your Future

Sam Allcock
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Five Great Work from Home Careers for Your Future

Working from home may have been the go-to for many of us
during 2020, but if you want to continue working from home, and even possibly
start to work for yourself, then you will want to do more with your time now.
There has never been a better time to start a new career for yourself than
right now, and done right, you can do more than just work from home, you can
start a new career from home.

Forex and Cryptocurrency Trading

The concept of Forex or Cryptocurrency trading is very, very
simple. You exchange one currency for another to increase your buying power.
You buy low, you sell high. It is the simplest type of trading to consider, and
its value is far easier to understand than many stock market alternatives.

You don’t even need to spend the entire day staring at the
screen, terrified of leaving it in case the value drops or rises, and you need
to make a quick trade. If you sign
up Bitcoin Revolution, then you have access
to innovative trading software that allows even beginners to start making smart
trading decisions and automate tasks. Hence, you only need to spend a few
minutes a day on the computer. There is no location barrier, just the necessity
of an internet connection to keep your trades going.

Start Your Own Brand

If you have items to sell, either digital or physical, then
start your own brand. Build up interest and a community, and you can then look
into crowdfunding more money to really invest in your business. Other options
to expand include collaborating with other brands and stores to get your
products out there. To start, however, there are many online marketplaces
designed to help you sell items directly to your customers.

Sell Items Second Hand

You don’t need to make your own items to start a successful
business, either. You can sell
second-hand items at a considerable profit simply because people love
vintage, but they hate the hunt. If you love exploring online and physical
markets for steals in any category, from clothes to furniture to art, then this
is definitely the business model for you. Do it entirely from online, and you
can keep your business costs low and your products flowing. 

Take Your Talent Freelance or as a Consultant

If you have a specific skill or have a lot of experience in
your industry, then you can work for yourself. You will need to find and secure
clients on your own, but by working
as a consultant or freelancer, you can be your own boss without the hassle
of managing a company.

Start a Blog

Starting a blog takes a lot of effort, but its potential is
huge. You can monetise a successful blog in many ways, as well as use it as a
platform to launch a huge number of projects you think of. In fact, it is such
a good idea you should consider starting a blog to monetise full stop because
your expertise and passion can be used to build a community that gives you so
many possibilities for your future.

The 3 guiding Guiding Principles to Case Interview Success

ABC Staff
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The 3 guiding Guiding Principles to Case Interview Success

Have you ever wondered why case interviews are no longer a preserve of a few elite management consulting firms?

All industries covet employees from elite management consulting firms, like McKinsey, for one particular reason. They are very efficient. But what do these firms get right that others don’t?

Well, for many years, recruiters have entirely disconnected job interviews from the reality of an employee’s day to day job. But their recruitments have continuously failed. It has produced the best candidates at the interview, but not those who perfectly fit for the job.

Consequently, other industries are now copying how the consultancy industry recruits.  For example, tech and finance, led by Google and Capital One, have embraced case interviews.

In this piece, we dig deeper into why case interviews have become so popular in recent years, and cover the basics. We also cover the three foundational guidelines that are the key to your success in these interviews.

What are case interviews, and how efficient are they?

Case interviews connect the recruitment process to the job position on offer. The panelists give candidates challenging business situations to analyse and sort out in a planned real-time environment.

This unique type of interview allows the company to directly evaluate your problem-solving skills and talent in a simulated job setting. How you perform here strongly correlates with your long-term job performance.

There is no right or wrong answer, as in reality, there are many equally valid answers to the problem at hand. The panel concentrates on how you answer the questions and pull insightful information from your case presentation.

On the interviewers’ priority list is your general problem-solving skills, highly valued in an ever-changing business environment. By simulating the job environment, the employer can quickly tell how you’ll fit in real in practice.

And since a job opening attracts candidates from different backgrounds, the recruiting firm can get useful insights from the interview to compare top candidates and accurately decide the perfect fit for the company.

3 Fundamental Guiding Principles of Case Interview Preparation

Hand holding a compass, illustrating the idea of knowing how to proceed to prepare for consulting interviews

Most candidates underestimate the level of preparation one needs and just how long it takes to prepare adequately for a case interview.

A case interview is such an involved process and needs serious and detailed preparation. The trick is to start as early as when you get down to write your resume and cover letter for that position, and if possible, months ahead.

We can’t fully cover everything on the preparation down to the minute detail here. For that, we would need four more such articles.

However, we can set you on the right path with these three guiding preparation principles;

1. Master the Basics

Get the grip of the basics in your profession.

For example, if it is a management position, revise the fundamentals of accounting, finance, and economics.

A sharp mind can rapidly pick out the essential details to break down the case studies into rational, simple units that are easy to explain.

So, get your mental math up to speed. A trained mind can quickly and accurately interpret all the case study exhibits like data and graphs.

While case studies are complicated and equally intimidating, you want to break the problem into a series of small, relatable tasks, which your panel can follow without too many questions.

2. Learn How to Structure the Cases

While case studies are sophisticated and equally intimidating, you want to break the problem into a series of small, relatable tasks that your panel can follow without too many questions.

The best way to answer the case studies is to build strong stories that make you stand out among other candidates. For questions that invite you to tell a story, make sure you keep it relatively simple but memorable.

There’s a simple way to structure your stories:

●     Situation – explain the brief context of the story.

●     Issue – Identify the problem and task you and your team had to handle.

●     Solution – Elaborate on how you tackled the issue.

●     The result – Did you succeed or fail? Then quantify the impact this result had on solving the company.

●     Lessons – Always conclude the lessons you learnt from the situation and what you would do differently in the future.

3. Practice to Perfection

You need to do more than just knowing principles; you have to put them in practice. The more you practice, the more you get better in cracking case interviews. Plus, tackling as many situations as possible minimizes the chances of being caught off guard.

While practicing, you can do it yourself and, in some cases, involve a partner or seek professional support to simulate the real interview accurately.

A consultant straightening his tie as he gets ready for work

NB: Help is Available

Whilst you don’t strictly need it to succeed, you should be aware that professional help is available for case interview preparation and that many candidates avail of such help in practice.

In such stiff competition for high-paying jobs, the calculation is that even a moderate increase in the chances of accessing a sizable consulting salary (as well as associated career opportunities) makes the investment worthwhile.

This is much the same calculation as you make in paying tuition fees to attend university in the hope of getting higher-paid jobs and greater opportunities later.

The resources available range from books and PDF guides right through to professional coaching with ex-consultants. For more information, you can start with: myconsultingcoach.com/case-interview-coaching.

In Brief

While not all companies practice case interviews, more and more firms integrate it in their recruiting processes.

Preparation is the key. Learn the three guidelines, but don’t forget that your success in case interviews all round down to communication. Your answer is only as good as you put it across.

Getting a professional to help you in your training enhances your chances of getting an offer from industry leaders like McKinsey, BCG, or Bain. After reviewing all these three fundamental guidelines, we conclude that practice is your best way to prepare.

New Report Predicts Big Future for Virtual Reality Technology

Sam Allcock
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0
New Report Predicts Big Future for Virtual Reality Technology

Technology plays such a fundamental role in our lives these
days that it is often hard to think about just how we would cope without it. So
many intriguing innovations have emerged in the past few years alone, with
cryptocurrency, for example, attracting an increasing amount of attention.
Smart home technologies like the Amazon Echo also give us a chance to do
everything from listening to our favourite songs to turning lights on and off,
while streaming services mean we have films and TV shows available at the touch
of a button.

Now, new research has suggested that another technological
innovation may be on the cusp of taking the world by storm. Virtual reality
technology may have existed in some form for decades now, but there are signs
that it may be about to become a key part of our lives.

Market growth

At the start of September, Fortune Business Insights
released a new report examining the virtual
reality market and it predicts that the technology could experience major growth
in the next seven years. While the report suggested that the global market was
worth $3.10 billion in 2019, it also forecast that the sector will have a value
of $57.55 billion by 2027. The increase is thought to equate to a compound
annual growth rate of 44.3 per cent during the forecast period. The report
stated that the rise of 5G looks set to have a major bearing on the virtual
reality market, with its higher bandwidth and lower latency having an impact.

In addition, it suggested that the expansion of the area
may be boosted by the use of VR solutions across the defence sector, while demand
is also expected to be affected by the growing interest in virtual meetings and
conferences.

Making an impact

Such predictions hint that virtual reality is in for a big
future, but it is also worth noting that the technology is already having a
tangible impact in many different industries.

For example, its presence has been felt in gaming now for
some time thanks to technology like the PlayStation VR headset. The Sony system
supports a whole host of games including
exclusive titles like Astro Bot Rescue Mission and other high-profile blockbusters
like The Elder Scrolls: Skyrim and No Man’s Sky. The music industry has
recognised the potential offered by VR in recent years as well, with MelodyVR
creating virtual reality gig experiences. The company hit the headlines at the
end of August after it bought Napster, with MelodyVR chief executive Anthony
Matchett saying that the aim was to create “a truly next-generation music
service”.

Virtual reality is having an impact in education too, with
the Telegraph revealing how the technology has been used to support science
experiments and teacher training in recent times.

Where next?

But while the Fortune Business Insights
study predicted that the defence sector and virtual conferences could play a
role in VR’s bright future, are there also other areas which might go on to
make use of the technology?

The health sector could be one
key industry where VR has a major impact
going forward, with exciting applications emerging on a regular basis. For
instance, Healthcare Global reported last month on Oxford VR winning a UK
Digital Experience Award for a programme based around cognitive behavioural therapy.
The Gold Award for Best Use of Emerging Technology means the tech company has
now won a prize in that category for two years running. Online casino gaming is
another area that has embraced many innovations over the years, with some sites
offering live blackjack where players compete
against real dealers. Such services allow players
can see cards being dealt right in front of them, but wouldn’t it be
fascinating to see the games adapted for VR so that they replicate the
experience of playing in a land-based setting? Finally, it is likely that we
could see virtual reality have an impact on our retail experience in the future
as well. Last year, we outlined how both
VR and its close relative AR could
redefine purchasing experiences, with consumers potentially getting the chance
to wear headsets and scroll through items in their own living rooms. We might
also see the emergence of smart mirrors in stores, with the devices giving
people the chance to try out clothing virtually before buying.

Fascinating future

Virtual reality is already having an impact on many areas,
but it really does seem like there is a huge amount more to come.

As the Fortune Business Insight study suggests, the growth
of 5G could be vital to unlocking VR’s true potential and we might then see it
have a major influence across a range of different sectors. Technology might
play a key role in our lives already, but virtual reality could be about to
take things to a whole new level.

What You Need to Be Careful of When Using Automated Trading Software

Sam Allcock
-
0
What You Need to Be Careful of When Using Automated Trading Software

Automated trading software has many pros. You can improve
your trading skills immensely by making use of computer algorithms and
analysis. You shouldn’t even consider it cheating, either, as it’s a very
common tool used amongst traders around the world. You cannot be on at all
times of the day. You cannot always be there to make the perfect trade. With
automation, you can take advantage of all the best trading opportunities on a
24/7 basis, but its pros don’t stop there.

There is a reason why an estimated 70%
– 80% of US stock exchanges are done through an automated trading system.
It’s because it works, though it does have its limitations.

Just as there are pros to using automated trading software, there are also
things to be wary of. You must make sure the software is legitimate and secure,
amongst other precautions, you will want to take to protect your investment and
see the highest return of profits as possible.

Pros of Automated Trading Software

There are many benefits of automated trading software, and
you can learn about them all in-depth in this Bitcoin Code review.
Still, to highlight some of the best benefits you will see by automating know
you can set your own rules, minimise emotional trading, and of course, improve
the efficiency at your trades as a whole.

You Can Set Your Own Trading Rules

The first thing that is crucial to note is that though the
software will assuredly provide suggestions and can act on your behalf, you are
still the one to set the final rules. This gives you control even in an
automated environment.

Minimise Emotional Trading

Emotional trading is risky because it ignores your
thought-out strategy and, instead, has you betting on your gut. When it comes
to trading, particularly in a long-term environment, then you need to minimise
emotional trading. You can do this by setting the right parameters in your
automated trading software and trusting it to do its thing.

Improve Trading Efficiency and Endurance

You don’t have to sign off and stop trading with automated
trading software. Instead, you can keep going on a 24/7 basis with fair
accuracy.

What You Need to Be Careful of When Using Automated Trading Software

The pros are numerous, but to ensure you choose a safe and
secure option, you will want to remember these cons:

More Complicated Executions Require Programming Knowledge

Advanced trades and executions that go beyond the scope of
your trade software will require you to know and understand the programming
language that makes up its core composition. Not only that, but there is no
consistency in languages, so you will need to know a variety of programming
languages to get the most out of all the trading programs out there.

Automated Trading Systems Can Glitch

Programs and computers glitch. There could be connectivity
issues, power losses, your computer may crash, and so on. When these happen,
your automated trading software cannot do its job, and you need to work to get
it back up and online ASAP.

There Are Scams

The most significant risk, of course, is that many options
out there are going to be scams. You need to do your due diligence beforehand
so that you can avoid the scams and instead choose a safe and reliable trading
software. Even if the software and parent company itself are not a scam, they
need to have airtight security so that your hard work isn’t stolen from under
your nose.

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