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4 Day Week and Part-Time Founders - How to get more done in less time?

02/14/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

It all depends on how much work you want to get done in less time. Generally speaking, you have to work more efficiently to get more done. To do this, you can use a variety of methods, such as:

- Prioritize: Focus on the most important tasks and create a to-do list to track progress.

- Time management: plan your daily tasks to use your time more efficiently and productively.

- Multitasking: Try to do several tasks at the same time to save time.

- Automation: Automate your work, if possible, by outsourcing tasks to software or a service provider.

- Research: Use the time to learn about new technologies or strategies that can make your work easier.

- Digitization: Try to digitize your work by scanning documents and files and storing them online.

- Delegation: Consider if there are tasks you can delegate to save more time.

- Breaks: Take regular breaks to clear your head and increase your productivity.

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Personnel selection: A-Player, B-Player and C-Player in Recruiting and HR Management

02/14/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

A-Player

A-players are employees who are known for their performance and skills. They have a strong work ethic and are highly motivated. They are very competent and have a high level of dedication and commitment. They also have a high level of accountability and are able to solve complex problems. They are very creative and have a wide range of skills. These employees are able to accomplish the goals and objectives of their organization.

B-Player

B-players are employees who have a good basic understanding and some skills. They are able to complete tasks, but not as efficiently as A-players. However, they are able to solve individual parts of a problem. They are creative, but not as innovative as A-players. These employees are able to deliver short-term results, but long-term success is not expected.

C-Player

C-players are employees who have a basic understanding, but not the skills to work efficiently. They can complete simple tasks, but complex tasks are not possible. They cannot solve complex problems. These employees are able to solve individual parts of a problem, but cannot solve the entirety of a problem. They are unable to accomplish the goals and objectives of their organization.

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Building up a second mainstay alongside your job - How to take the step into self-employment

01/22/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Find an idea

Before you build a second leg of your business, you first need to find an idea. Think about whether you want to start something business that you enjoy, or if you want to start a business that can generate additional income for you. Think about possible ideas and figure out how to make them happen.

2. Plan and prepare

Once you have an idea, you should think about how to implement it in a concrete way. Write down your goals and plan your steps. Create a business plan to review your idea and make sure it is profitable. Familiarize yourself with all the requirements and legal regulations that apply to your business.

3. Take your first steps

After you have reviewed your idea and made all the preparations, you can start building your second leg. To do this, you may need to register a business, create a website, or send out a newsletter. Find out about marketing opportunities to build a customer base.

4. Maintain a balance

It is important to keep a balance between your job and your second leg. Therefore, plan your work to ensure that you have enough time for both. Try to complete your tasks as efficiently as possible, and delegate tasks when possible.

5. Maintain perseverance

You will encounter obstacles on your way to becoming an entrepreneur. Do not despair and maintain your optimism. Don't let setbacks stop you and set small, achievable goals to guide you.

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Project management for founders & self-employed - With these tools and methods you keep the overview

01/17/2024 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

1. Project management software: Project management software is an essential component for successful project planning. It helps you to keep track of different tasks. Multiple projects can be tracked at the same time, so you can have an overview of all the tasks that need to be done.

2. Gantt charts: Gantt charts are one of the oldest methods of project planning. They visualize the tasks that need to be done for the project and help you keep track of all the tasks.

3. Agile project management: Agile project management is a method to manage the fulfillment of project goals. It consists of short, iterative cycles of testing, learning, and adapting to ensure that the project is on track.

4. Task lists: task lists are a simple but effective way to track what needs to get done. They help you prioritize and ensure that all tasks are completed on time.

5. Time management: time management is one of the most important skills a founder or self-employed person must have. It helps you complete your tasks more efficiently by helping you prioritize and use your time effectively.

6. Resource management: resource management is an essential part of project management. It helps you identify and manage the right resources for each project to ensure your project is on track.

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Content creation using AI - What artificial intelligence is already capable of today

12/28/2023 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS

Artificial intelligence (AI) today is capable of performing a wide range of tasks, such as automated authoring and editing of text, creation of images and graphics, recognition of patterns, and segmentation of data.

A particularly insightful example of the application of AI in content creation is what is known as automatic text generation. Artificial intelligence can be used here to autonomously generate text on a given topic. This text can then be reviewed and edited by a human editor to suit the client's requirements.

AI can also be used to create images and graphics. Artificial intelligence can be used to generate images and graphics using algorithms on a computer. These images can then be edited by a designer to fit the client's needs.

AI technology can also be used to recognize patterns. Artificial intelligence can be used to analyze data and look for patterns. This technology can then be used to uncover what content is best suited for a particular audience.

Finally, AI techniques can be used to segment data to ensure it is relevant to specific audiences. These techniques can also be used to customize content for different audiences.

In a nutshell, it can be said that AI is already playing a strong role in content creation. AI technology can be used to create text, images and graphics, recognize patterns and segment data. This allows content creators to work more efficiently and customize content for different audiences.

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