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How high energy costs will ruin hosters and B2B companies

10/11/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Energy costs will burden both hosters and B2B companies. First of all, hosters will have to pay more money for the energy they need to run their servers. If the costs become too high, they may increase the prices for their services, which in turn could hit B2B companies as they have to pay for the services. In addition, high energy costs can lead to hosters having to shut down their servers to cut costs, which can lead to a drop in the quality of services that B2B companies provide to their customers. In addition, high energy costs can also result in hosters having to operate their servers in locations where energy costs are lower, which in turn can result in a loss of quality for the B2B companies that depend on these hosting services. Finally, high energy costs can lead to hosters and B2B companies operating in energy-intensive industries becoming less profitable as they have to spend more on their energy.
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Your own agency business as a money printing machine?

09/27/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Yes, one's agency business can act as a money printing machine. There are several methods that an agency business can use to make and grow money. These range from launching one's own product or service offering, to acquiring new clients and conducting negotiations with existing clients, to setting up an online store or advertising agency. But other strategies, such as outsourcing certain tasks, can also be a money-printing machine. However, it is important that the agency business is run sustainably and with a good strategy in order to succeed.
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Profit distribution as a founder - Why the best investment is the investment in your own company

08/27/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

It is important to understand that a business, like any other investment, carries financial risks. However, as the founder of a business, you are in a unique position to manage your company in a way that promises you the greatest success. Investing in your own business allows you to benefit from the profits that the business generates.

Investing in your own business is one of the safest investments you can make. There are many benefits to investing in your own business, but one of the biggest is that you have direct influence over the earning power. You can run your business in a way that makes the most profit for you. This means that every time your business makes a profit, you benefit directly from the earnings.

Another great benefit of investing in your own business is the control you have over the distribution of profits. You can decide how much money you want to distribute and what type of profits you want to receive. This allows you the opportunity to reinvest your profits selectively and develop your business to generate even more profits.

Finally, profit distributions can also be used as a form of reserve for future investments. This means that if you make further investments, you can rely on the profit distributions to fund your investments. This can be a great advantage as it gives you more financial flexibility without having to make further investments.

Overall, investing in your own business is one of the safest investments you can make. Investing in your own business allows you to directly benefit from the profits that your business generates. It also allows you to maintain control over the distribution of profits, and it gives you the opportunity to develop your business to generate even more profits.

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Why online marketing is a money pit in 2022 - And what you should invest in instead

08/27/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Online marketing will still be an important part of any business strategy in 2022, but the investments made in online marketing strategies will be much higher than in previous years. The cost of online advertising and search engine marketing is rising, and it is becoming more difficult to appear on the top pages of search engine results. This means that companies investing in online marketing strategies will have to spend a lot more money than they would expect to get a good ROI.

Instead, in 2022, companies should invest more in creating high-quality content, accelerating their website speed, optimizing for search engines, and improving user experience. These areas are a much more worthwhile investment, as they have a direct impact on a website's rankings and therefore also help drive more qualified visitors to the site.

In addition, businesses should also invest in social media marketing strategies to increase their reach and build brand awareness. This can help drive more traffic to the website and generate more qualified leads. Companies can also invest in email marketing to build a stronger connection with existing customers and generate new leads.

In this way, companies can get much more out of their online marketing efforts in 2022 than if they only invest in expensive advertising campaigns.

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From the 100 hour startup hustle to the 4 hour work week - Here's how you can do it too

08/27/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Make a list of your goals: Start by making a list of your goals that you want to achieve when you reduce your work hours to 4 hours per week. Remember that your goals don't necessarily have to include money or career. You may want to spend more time with your family, try a new hobby, or just have more free time.

2. Find a balance between work and leisure: If you reduce your working hours to 4 hours per week, you will have to learn to manage your time more efficiently and get your work done in a focused and effective way. It is important to find a balance between work and free time and to give yourself some time off to relax and unwind.

3. Define your priorities: To reduce your work time to 4 hours per week, you need to clearly define your priorities and prioritize your tasks accordingly. You should put the tasks that are necessary to achieve your goals first and put tasks that are less important on the back burner.

4. Create a journal schedule: A journal schedule is a great tool to manage your work time and make sure you stick to your schedule. Create a simple schedule that will help you complete your tasks efficiently and also leave you enough time to relax.

5. Invest in automation: Automation is one of the best ways to reduce your work time. Invest in tools that do your tasks automatically, such as software that manages your emails or tracks your finances. This will help you use your time more efficiently.

6. Solve your problems: If you want to reduce your work time to 4 hours per week, it's important that you solve your problems. Review your tasks and processes and think about how you can do them more efficiently. Maybe you can delegate some things or make them easier to save time.

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