Greetings NACOC Families!
Welcome to the serene September 2021!
September is one of the beautiful months when summer stretches its arm to embrace Fall, which blushes in all different colors, making an atmosphere vibrant yet sublime.
This is a transformative season of the year; even Texas opens up for a change when weather is little soft in the morning with gorgeous sunrise and magnificent sunset, transforming the entire surrounding as a crisp golden apple, as J.K. Rowling described the first morning of September in her famous book Harry Porter.
September reminds us of the famous rhyme, the only poem that has been lasted popular since 16th centuries till this date as a guiding poem for children to remember days in months. It runs like this:
"Thirty days has September, April, June, and November,
All the rest have thirty-one, But February's twenty-eight,
The leap year, which comes once in four, Gives February one day more."
Guest of the Month
For this special issue, we have a guest entrepreneur among us. Let’s meet Hari Adhikari, the Broker, Realtor and the Owner of VisaLand Realty.The name of his business itself represents ‘hunger of many immigrants to achieve an American dream’ according to Mr. Adhikari.
NACOC took a brief interview with this inspiring entrepreneur who started his business when he was in grade 2 and has been serving Dallas-Fortworth area for nearly a decade.
·Tell us about yourself. When did you start your business?
I operate and manage Visa-Land realty. It’s a real estate brokerage company. I started serving DFW metroplex area as a realtor since 2012. The dream of becoming a real estate broker planted when I was hearing an advertisement on radio while I was walking on the street of Nepal overlooking open plots. Later I took a real estate course after coming to America, and that is how the dream was transformed into a reality with the birth of Visa-Land.
Why entrepreneur? What inspired you?
I started selling confectionary when I was in grade 2. I used to buy them in a bulk and make 50% of profit by selling them in pieces. I guess, I had entrepreneurial inclination since childhood.
One thing I wished that I knew 10 years ago?
It’s crowd funding. The more I understand, better it makes sense. I wish I knew about it then and benefitted with the knowledge.
Favorite book? Motivator?
I don’t read fiction, but I like to read business newspapers and magazines. They are good resources to keep you updated.
“Allegory of the cave” is my favorite inspirational story.
Message for young entrepreneurs?
'Never compare yourself with your competitors because you are unique. Believe in yourself and move forward. You will get the success and fulfillment.'
***
May all 30 days of this month be filled with health and happiness for everyone! Happy September!!
Sincerely,
Nepalese American Chamber of Commerce
The Nepalese American Chamber of Commerce is an independent, not-for-profit US Corporation devoted to create, protect, promote and enhance economic opportunities & prosperity to Nepalese Business community in the USA.
It was established in 2014 to advance and promote the economic environment for business, and to advocate responsive government and quality education, while preserving unique characteristics of Nepalese-American communities.
|
|
Your birthstone is Sapphire and your flower is Aester & Morning Glory |
|
“Your time is limited, so don’t waste it living someone else’s life.”
― Steve Jobs
|
|
September says: Let's make a Smart Commitment |
|
3 Surprising Truths About Multitasking
Have you ever considered yourself a multitasking master? If so, you may be surprised to learn that studies have recently shown multitasking is actually connected to negative impacts on your work, your productivity, and even your brain! Keep reading to discover 3 surprising truths about multitasking, and how you can tackle your tasks instead.
Multitasking Affects Your Productivity
Oftentimes, whether it’s at work or at home, we’ll try to tackle a long list of to-dos by multitasking. After all, how hard can it be to complete some research, send out a few emails, and make lunch at the same time? While it may not seem difficult, it turns out your attempts to knock out several tasks at once could have an adverse effect on your productivity. Researchers recently discovered that switching between tasks made it more difficult to ignore distractions and increased the amount of time taken to complete tasks, especially as the tasks got more and more complex.
Multitasking Affects Your Work
Not only can multitasking impact how efficiently you complete tasks, but it can also impact the quality of your work itself. When we tackle a to-do, whether it’s at work or at home, the best way to do so is by enveloping ourselves in the work. The best quality work will be achieved when we are deeply engaged in the task. The constant switching between things can interrupt that engagement, forcing us to lose concentration and thus, quality.
Multitasking Affects Your Brain
The truth is, we all multitask, whether we realize it or not. When we watch TV, it’s a reflex for many to pick up their phone and scroll through social media or send out some texts. When we make a meal, we might also be watching our pets, scrubbing the dishes, or reorganizing the pantry. Though this kind of multitasking seems harmless, it can negatively affect how our brain works by asking it to constantly switch between several tasks. In fact, a recent study found that regular multitasking can cause your brain to lower its ability to empathize and have both cognitive and emotional control.
|
|
Eight Tips to Start a New Business and Manage It for Success
Five start-up tasks to tackle
1. Refine your business idea. Define why you want to start this business, what need you’ll fill in the market and how you’ll fill it and who you’ll be selling to. Put these pieces together to create a vision or mission statement for your business. Conduct market research to understand your competition.
2. Establish a financial foundation. Estimate start-up costs, as well as the fixed and variable costs of running your business. Open business checking and savings accounts to help store and manage your money.
3. Create the business foundation. Create a business plan that include:
- Your estimated start-up costs and funding choices
- Product pricing
- Sales numbers you’ll need to break even
- A promotion plan for attracting customers
- Specific goals for growing your business
- Your legal business structure, such as corporation, limited liability corporation, partnership or sole proprietorship
4. Do the paperwork.
-
Employer identification number from the IRS , Registration with federal, state and local governments, Licenses and permits, Business insurance policy.
5. Line up your team.
Three financial steps to take
- Set specific, realistic financial goals and attach a timeline to each.
- Establish financial routines.
- Create a billing and collections strategy.
Reference:https://www.hancockwhitney.com/insights/eight-tips-to-start-a-new-business-and-manage-it-for-success
|
|
Beware of IRS Scam Letters
The Internal Revenue Service (IRS) reported complaints from people receiving fake letters from the IRS. In some cases, real tax information has been included in these false letters, which makes it harder to determine what is real and what is a scam.
As you evaluate whether a letter is a scam, keep in mind that some details, such as tax-related liens, are public record. Scammers could easily cite those details in an attempt to get you to share sensitive information. Don’t allow scammers to frighten you into revealing additional information or, worse yet, paying money.
How can you spot the differences between fake IRS letters and the real thing?
Here are a few tips.
- The IRS will never threaten to arrest you by any form of communication.
- An authentic IRS letter will include their toll-free 800 number. If a phone number is included, don’t call that one. Call IRS at 1-800-829-1040. When using any government website make sure the web address ends in .gov and starts with “https.”
- An IRS envelope will include the seal and legitimate letters will include your partial tax ID number.
-
There will be information on how to make a payment and/or setup payment options. Payments will always be made to the U.S. Treasury. If a caller asks for banking information over the phone or requests gift cards as payment, it is most likely a scam.
|
|
When companies increase employee engagement, they cultivate a connected culture, which has a significant, positive impact on business outcomes. In fact, research proves that companies whose employees are engaged report 81% lower absenteeism and 18% less turnover.
In a recent survey, Workhuman found 60% of U.S. workers feel there’s been a shift in culture since the start of the pandemic, including less human connection and lower morale.
Fortunately, there are proven ways to increase employee engagement and protect against costly turnover. Here are six of them.
- Build Organizational trust.
- Nourish Co-worker relationships.
- Focus on the meaning of behind the work.
- Build recognition and feedback into the workflow.
- Ensure employees' voices are heard.
- Strive for work-life harmony.
Reference: workhuman resources
|
|
On this day in 1962, President John F. Kennedy went to Rice University in Houston, Texas, to make a speech justifying his proposed $5.4 billion space program.
He had called on Congress in the previous year to fund a massive project to put a man on the Moon and bring him home safely before the end of the decade. Toward that end, he asked his vice president, Lyndon Johnson, to make it happen. Johnson, a Texan, was happy to oblige.
The plan was to establish a Manned Spacecraft Center in Houston, upon land that had been made available by Rice University (which had received it from Humble Oil and Refining Company). If that happened, federal money would flow to that city and to Rice, a university distinguished for its scholarship, if not for its football. In football, the University of Texas was king, although Rice gamely played Texas every year.
Kennedy challenged 35,000 listeners, sweltering in the Rice football stadium, to think big: “But why, some say, the Moon? Why choose this as our goal? And they may well ask, Why climb the highest mountain? Why, 35 years ago, fly the Atlantic?” he asked. Then he added another impossible goal, one he had jotted in the margin only minutes earlier: “Why does Rice play Texas?”
The line drew a huge laugh and added a touch of humor and humility to the soaring rhetoric. His speech continued, soon issuing the now famous lines, “We choose to go to the Moon in this decade and do the other things, not because they are easy, but because they are hard … .”
Kennedy eventually got his moonshot, although he did not live to see Neil Armstrong’s 1969 moonwalk. And, three years after the speech, in 1965, Rice beat Texas. It would be 28 years before that happened again.
Reference:https://www.almanac.com/content/month-september-holidays-fun-facts-folklore
|
|
3 Major September-Born-Businesses
1. Google. Founded September 1998.
Yes, it was just before Labor Day that year. But here were these nerdy types forming something they thought was amusing. In those days it was. The sunny side of their story is that Larry Page and Sergey Brin had no idea what Google truly might become. They picked a brand name simply because it seemed amusing. In fact, their first name was BackRub. Don't ask. Once the company incorporated in that sunny summer, they still offered to sell it to Excite CEO George Bell for a mere $1 million. He decided not to buy. Somehow, the essential sunniness of the enterprise allowed it to catch on. Of course, some would say that Google isn't so sunny now. But it's lasted a long time. In tech years, that is.
2. Tinder. Founded September 2012.
Can there possibly be a brand that has done more to sunnify the world than Tinder? Where once you had to write long profiles and charm a member of your target sex by writing turgid but interesting messages, now you just swipe right or left and hope they do the same. This charming, disarming simplicity recreates every bar garden in the world on a Friday night in the middle of July. You look at someone and in an instant decide that this person is attractive. Or not. Tinder allows you to do that thousands of times a day without having to even buy anyone a drink. There cannot be a more glorious contribution to the joy of civilization than that.
3. eBay. Founded September 1995.
You might not think of eBay as sunny. But just look at those bright colors in its logo. At the time of its founding, this simple little site allowed you to get a sunny feeling in your heart by outbidding another unknown soul for a sock worn by a limping quarterback in some forgotten AFC Championship game. eBay allowed you to feel that you'd won every single day of your life. How many brands (not in Vegas) can offer that possibility? eBay slipped in just one day before summer ended in 1995. But how much joy has it been responsible for since? How many times have people uttered these words, with a crowing cackle: "I got it on eBay!"?
Ref:https://www.inc.com/chris-matyszczyk/6-famous-companies-that-launched-in-summer-so-don-t-take-time-off.html
|
|
Our Sponsors
------------
|
|
|
|
Nepalese American Chamber of Commerce
2016 W. Grauwyler Rd, Irving, TX, 75061
Phone: (972)-399-9605
NewsLetter Editor: Shilu.G.N
|
|
|
|
|
|
|
|
