Automatic Time Tracking with Chrometa |
- Automatic Time Tracking with Chrometa
- Unique, Useful Interview Questions To Prepare For
- Entrepreneurs’ Job Creation: Expectations Versus Reality
Automatic Time Tracking with Chrometa Posted: 12 Mar 2012 11:30 AM PDT Automatic time tracking sounds like a beautiful thing for a time-based business owner. It isn’t easy to separate out how you spend your time on projects and client work. This is going to sound odd coming from a long time product reviewer, but I was afraid to install Chrometa and learn that I was under-billing on my projects. It would be embarrassing. This review of Chrometa is for the smart (and more courageous) business owner who sells their service in units of time. The professionals out there who need a simple and effect time tracking solution. Chrometa captures your time as you work on your computer – so that you don’t have to. It acts as your personal timekeeper by noting how long you are working in an application, what you are working on, and for how long. If you are composing an email or working in five different applications (meaning they are open at one time on your system) at the same time, Chrometa knows which one you are actively working in and records the time spent in that program. You don’t have to tell it anything. As an example, it can and does go deeper, too, and shows you how long you spent composing a subject line in Google’s Gmail app. Here is a sample summary screen to show you how time was recorded. I’m pretty bullish on this application now that I’ve seen it working. It will allow me to pull all these snippets of time recorded, by category into an invoice. Talk about time savings. In the settings, I can tell it how to round my time, in minute increments. I can import all this data into QuickBooks, too. Or FreshBooks. Or Basecamp. If you have a lot of clients and projects and don’t want to manually enter all that data (again) from another application, Chrometa offers a clean import tool, a bulk upload tool, via a CSV-formatted spreadsheet. What I Like Well, what’s not to like. This simple app is a time-saver for anyone who struggles with keeping track of time spent on a client project.
What I’d Lke to See Okay, these are nitpicky items:
Chrometa is a sweet application. I highly recommend you take it for a spin and see how much time you’re spending on unbillable tasks or how you’ve been under-billing on client work. This simple, but elegant, tool is a dream for anyone who sells their time and wants to get paid for it, all of it. The basic plan starts at $19/month. Learn more about Chrometa. From Small Business Trends |
Unique, Useful Interview Questions To Prepare For Posted: 12 Mar 2012 08:30 AM PDT Whether you’re an upcoming graduate who is beginning to fill out endless job applications or an experienced employee looking to make a professional change, you’ll soon discover that the interview stage of the hiring process is no longer what it used to be. Employers aren’t inviting you into their offices to simply sit down and assess your technical skills, but also your personality and the degree of your passion for the job position, company and industry you’re interviewing for. There is more to discover in these interviews and candidates are finding themselves subject to new, unique questions that often make or break their candidacy. We asked members of the Young Entrepreneur Council (YEC), an invitation-only nonprofit organization comprised of the country's most promising young entrepreneurs, the following question to find out what they’re looking for when they put applicants to the test, and how even the safest and most confident answers are sometimes the worst things to say:
Here’s what the YEC community had to say: 1. TV Queens and Bookworms?
2. Verify Your Value System
3. How Shall I Praise Thee?
4. Dream Occupations
5. As If You Were Already Hired
6. Count Parking Lots, Please
7. Are You Looking Up?
8. Turn the Tables
9. Superman? Batman?
10. Who Do You Really Want to Work With?
11. Which Drink Would You Be?
12. Let’s Go to the Theater!
13. Literary Tightrope
14. Why Are Manhole Covers Round?
15. Show Me the Money!
16. What Do You Think You Are Best in the World At?
17. The Stickiest Question
18. Time to Prioritize
From Small Business Trends |
Entrepreneurs’ Job Creation: Expectations Versus Reality Posted: 12 Mar 2012 05:30 AM PDT A much larger fraction of entrepreneurs expects to create jobs than actually do. This difference means that policy makers need to take entrepreneurs' job creation plans with a grain of salt. The Global Entrepreneurship Monitor (GEM), a consortium of university researchers around the globe who track entrepreneurial activity, "defines high-growth entrepreneurs as those who expect to have 20 or more employees (other than the owners) within the next five years." By that definition, 17 percent of Americans founding a company expect to have a "high growth company," as the figure below shows: Expected and Actual Job Creation
This percentage is much higher than the share of entrepreneurs that actually has a high growth company. According to Census's Business Dynamics database, only 2 percent of five-year-old companies have 20 or more employees. Moreover, this number overstates the share of new businesses that are "high growth." Census data show that slightly less than half of new businesses survive to age five. Adjusting the share of surviving five-year-old businesses with 20 or more employees by the failure rate of new companies reveals that less than 1 percent of businesses started in a given year have 20 or more employees at the time of their fifth birthday. If only about 1 out of every 20 entrepreneurs who expect to employ 20 or more people when their businesses are five years old actually does so, then entrepreneurs are overoptimistic about their job creation capabilities, just as they are about the survival, sales and profits of their businesses. Policy makers should respond to this over-optimism the way investors do – by discounting entrepreneurs' projections. While investors might focus their discounting on entrepreneurs' estimates of sales and profits, the principle is the same for policy makers and estimates of job creation. From Small Business Trends |
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