How Technology And Development Explode Gen Z's Best Bangladesh

The Double-Edged Sword: How Technology and Development opened the door to Gen Z Bangladesh

Image credit- Getty image online

The digital revolution has undeniably reshaped our world, particularly for Generation Z. While technology has brought unprecedented convenience and connectivity, it's also led to a concerning trend: digital addiction. As young people increasingly rely on screens for entertainment, social interaction, and work, it's crucial to find a balance and harness technology's power for positive change.

Here comes the question of addiction and positive changes- yes, it's crucial to maintain a balance for blessings.

This is not everybody's business to succeed only those who are rational and thoughtful take the chance. With a double edge, YOU are mighty to save your life or maybe a threat to others by wrong use... so good and evil in your hands. 

Let's have a look at the Natural selection. All mango flower blossoms are not buds and buds are not green mangoes. Not all green baby mangoes are not ripe at large...  

From Side Hustle to Main Gig: Turning Passion into Profit

One way to break free from digital addiction and leverage technology productively is by turning passions into profitable ventures. Entrepreneurship, especially in the digital age, offers a unique opportunity to combine creativity, skill, and technology to build sustainable businesses.

The Role of Technology in Entrepreneurship

Technology has become the backbone of modern entrepreneurship. Here's how it empowers young entrepreneurs:

Accessibility: The internet has democratized entrepreneurship, allowing anyone with an idea and a device to start a business.

Efficiency: Digital tools streamline operations, from marketing and sales to customer service and financial management.

Scalability: Online platforms enable businesses to reach a global audience and scale rapidly.

Innovation: Technology fosters innovation, inspiring new business models and products.

Success Stories of Young Bangladeshi Entrepreneurs

Bangladesh boasts a vibrant startup ecosystem, with many young entrepreneurs making significant strides. Here are a few inspiring examples:

From Passion to Profit: A Guide for Young Entrepreneurs

Step 1: Identify Your Passion

• Image: A person engrossed in a hobby or interest.

Step 2: Market Research

• Image: A person analyzing data on a computer.

Step 3: Create a Business Plan

• Image: A person writing on a notepad.

Step 4: Secure Funding

• Image: A person pitching an idea to investors.

Step 5: Build Your Brand

• Image: A strong brand logo or product image.

Step 6: Launch Your Venture

• Image: A person launching a product or service.

Step 7: Market Your Business

• Image: Social media icons or marketing materials.

Step 8: Adapt and Grow

• Image: A person learning from mistakes or celebrating success.

Image Suggestions for Successful Young Bangladeshi Entrepreneurs:

• Ridwan Hafiz: Founder of Shohoz, a leading ride-sharing and logistics platform.
• Ayman Sadiq: Founder of HungryNaki, a popular food delivery app.
• Naziba Rahman: Founder of Sheba.xyz, a platform for on-demand services.
• Fahim Saleh: Founder of Gokadai, a tech startup focused on e-commerce and logistics.

Tips for Turning Passion into a Profitable Venture

Identify Your Passion: Discover what truly excites you and aligns with your skills.

Do Your Research: Understand your target market and competition.

Create a Solid Business Plan: Outline your goals, strategies, and financial projections.

Leverage Technology: Utilize digital tools to streamline operations and reach your audience.

Network and Collaborate: Build relationships with other entrepreneurs and industry professionals.

Embrace Failure as a Learning Opportunity: Don't be afraid to take risks and learn from mistakes.

Stay Persistent and Adaptable: The entrepreneurial journey is often challenging, so stay focused and be willing to pivot.

Conclusion: 

  

Role of Generation Z in Shaping Bangladesh’s Future Economy

By following these tips and drawing inspiration from successful entrepreneurs, young people can harness the power of technology to turn their passions into thriving businesses. Remember, the key is to use technology mindfully and to balance digital consumption with productive activities.

How to Manage Device and Time: Bangladesh Gen-z Explode dynamism

How Gen Z in Bangladesh is Turning Idle Time into Digital Gold

Are you a Gen Z Bangladeshi feeling overwhelmed by the endless fruits of social media? 

Have you ever wondered if there's a way to turn those hours into something more meaningful? 

Understanding gen-Z is crucial they Change the regime- a successful revolution

Among the many generational cohorts, Generation Z, a unique and influential group born between 1997 and 2012, stands out with their unique experiences. Their lives have been markedly different from those of previous generations, characterized by technological advancements, social media, and a globalized world, making them a fascinating subject of study. Dr Matiur Rahman

 

Courtesy- New Age

From Time-Pass to Time-Investment

This is the continuation of post on Gen-z's previous post 

The average Gen Z spends around 5 hours a day on social media. Instead of treating this as a time pass, many are turning it into a time investment. By dedicating a portion of their daily screen time to learning digital marketing or social media management, they are acquiring valuable skills that can lead to lucrative careers.

Many Gen Zs in Bangladesh are doing just that, transforming their idle time into lucrative digital careers.

Key Strategies for Productive Social Media Usage:

Set Clear Goals: Determine what you want to achieve through social media. Whether it's building a personal brand, starting a business, or simply acquiring new skills, having a clear goal will help you stay focused.

Choose the Right Platforms: Not all social media platforms are created equal. Identify the platforms that align with your goals and interests.

Learn from Experts: Follow industry leaders, influencers, and online courses to gain insights and best practices.

Experiment and Iterate: Don't be afraid to try new things and learn from your mistakes. The key to success is continuous experimentation and improvement.

Network and Collaborate: Connect with like-minded individuals and build relationships within your industry. Collaboration can lead to new opportunities and growth.

Success Stories: Gen Z's Journey to Financial Independence Countless Gen Zers have turned their social media skills into thriving businesses. From online influencers to digital marketing agencies, they have demonstrated that with dedication and creativity, it's possible to achieve financial independence through social media.

Here's how they're doing it:

Identify Your Passion: What are you genuinely interested in? Is it fashion, technology, food, or something else entirely? Your passion will fuel your motivation and creativity.

Leverage Social Media: Instead of mindlessly scrolling, use social media platforms to learn and connect. Follow influencers, join relevant groups, and engage in discussions related to your interests.

Learn Digital Marketing: Digital marketing skills are in high demand. Consider taking online courses or tutorials to learn about topics like content creation, SEO, social media marketing, and email marketing.

Create Content: Start creating content that aligns with your passion. Whether it's blog posts, videos, or social media posts, consistency is key.

Build an Audience: Engage with your audience by responding to comments, messages, and questions. Build relationships and foster a loyal community.

Monetize Your Content: Once you have a substantial following, explore monetization opportunities. This could include sponsored content, affiliate marketing, selling digital products, or offering consulting services.

Remember, it takes time and effort to build a successful online presence. Be patient, persistent, and willing to learn. With dedication and the right strategies, you can turn your idle time into a thriving digital business.

Are you ready to take the leap and become your own boss? Share your thoughts and experiences in the comments below!

#GenZBangladesh #DigitalMarketing #Entrepreneurship #OnlineJobs

Time is Money: How Bangladesh Gen-Z's Make the Most from Quality Time Pass

Gen Z Revolution: End of 15-Year Autocracy in Bangladesh

Photo credit- Prothom Alo

Understanding Generation Z: What working conditions are the most important motivating factors for Generation Z in Bangladesh. As a freelancer, my perspective is quite different from others in all respects. Before going to the main topic let's see a picture of Gen Z for a better discussion. 

Around 28% of Bangladeshi people are young, aged between 15-29 years, often referred to as Generation Z. Gen-Z, born roughly between 1997 and 2012, is a cohort defined by its unprecedented digital immersion. 

Raised in an era dominated by smartphones, social media, and the internet, they are digital natives, comfortable with technology. In a way previous generations never were. This digital fluency has shaped their worldview making them more informed, connected, and engaged. Subsequently, it is no surprise that they are more likely to question authority and challenge the status quo. Today, they are powerful agents of change, making and breaking people, influencers, brands, and past ideas on the daily.

Briefly—it's an open secret to us all: "Time is money," and OUR YOUTH is relevant to wiser than the elders! Bangladeshi YOUTH  Gen-Z's are heading to social media and are used to it. Around 172 M mobile connections and 90 M unique mobile subscribers exist, and over 25% are active mobile internet users. 

Facebook, Instagram, YouTube, and TikTok – platforms are the most frequently used platforms. Using social media became instilled in Gen Zer's habits. One-quarter of Gen Zers spend approximately five hours or more per day on social media.

Currently, 66766100 Facebook users in Bangladesh in April 2024, which accounted for 37.6% of its total population. 

• 
  
• Employment in Bangladesh

  In the year 2023, Bangladesh's unemployment rate was 5.06%. According to a 2023 survey by BRAC University and Bangladesh Youth Leadership Centre, 42% of educated youth in Bangladesh are considering leaving the country for employment. 

Challenges for Gen Z in the labor market

A study in Bangladesh found that there is a gap between the expectations of young graduates and the realities of the labor market. Some of the challenges include: 

1. A mismatch between the skills required by employers and those that unemployed youth prioritize 
2. Low pay and long hours 
3. Difficulty finding internships that meet their needs 
4. Belief that foreign degrees are more valuable than local ones The Benefits of Being an Entrepreneur

Time Management: How to Manage your precious time wisely and efficiently 

Highlight the unique challenges and opportunities faced by Gen-Z entrepreneurs in Bangladesh. Thesis statement: Gen-Z in Bangladesh can effectively utilize their time to build successful businesses by leveraging technology, embracing a growth mindset, and networking strategically.

One-quarter of Gen Zers spend approximately five hours or more every day on social media. Moreover- on the sideline of their study they use their idle time to learn freelancing.  

Time management wisely and precisely is the matter. Time and tide wait for Nome. This is a one-way train that never comes back again. 

Say for example if a college student pursuing honors it will take 4-5 years to complete graduation. They spend 5 hours online using social media. Social Media expert or Marketing is a highly demandable job worldwide. 

Profile Building Content Posting Chatting Answering with your friends or networks are all the same. The only difference is that one is unwise and not purposeful. Be purposeful in managing your time:

1. Financial freedom and independence
2. Personal fulfillment and satisfaction
3. Flexibility and work-life balance
4. Innovation and creativity
5. Contribution to the economy

Challenges Faced by Young Entrepreneurs in Bangladesh

1. Limited access to capital and resources
2. Lack of mentorship and guidance
3. Bureaucratic hurdles and regulations
4. Social and cultural pressures
5. Economic instability

Out of Five, I would like to shed light on 2. Lack of mentorship and guidance

There is a huge platform every day using their campaign on Facebook regarding mentorship and learning of different freelancing courses online and offline. 99.99 are Spam and fraud. Some others use tics and tactics to grip and grab money by hook or cook. Using the name of Paid tools so and so...

This is the practical experience that I have been facing for a long. 

Our Bangladeshi prevailing situation to manipulated in any way. 

1. There are so many creditable online companies Like Google Facebook HubSpot Udemy providing many online free courses on SEO Digital Marketing PPC Google AdSense FB ads Google ads PLUS more...  
2. You may read online posts and journals from niche industry expertise platforms- Search Engine Journal Search Engine Land Fobs HubSpot SEMrush plus more as per your interest...  

Learning is the key to success- Why English?

Independently by you, proactive passionate individuals may succeed in the freelance world of seasoned professionals. I have shared about the Natural and universal Way of Learning English. Keep continuing Learning by Reading Commenting Intersecting Sharing. Outsourcing Marketplace demands English greatly. Moreover English is our second language we have to put more effort and time into this end. There are so many authentic online sites rendering the free tutorials couching on English Try Google keyword search. 

And English is generally of two types the UK and USA English. A freelance world dominated by American or USA English. So you go for …. Or as you wish and LIKE. Likewise is better. US Basic English skills are at the top of the list. 

Moreover- I may start a blog writing and publishing like my one to showcase your expertise, interests, and niche. This will help you Brand yourself to sell online. 

1. To Make Your Personal Brand Stand Out, Show Your Creative Side
2.  Learn How to Build a Powerful Personal Brand That Will Differentiate You and Allow You To Compete in the Global Marketplace.
3. a profile or PRIME FACES to showcase YOU- an identity to promote and SELL you online. 

Last but not the least: 

Have a look at An introductory to the Foundation Course on Freelancing

Most Importantly other than online courses, Online journal Reading, and Blog posting you must open a LinkedIn profile to showcase online as your profile. That helps you find jobs and network Connecting with Professionals and Recruiters PLUS more  

Conclusion:

Out of 5 hours of Idle time, Z is Gen Z's using social media for nothing. Only gossiping and Chatting and so on...without fruits!? 

You may split 3 hours and invest your time daily in LEARNING Freelancing English Branding Yourself and Job readiness. 

After pursuing honors graduation side by side you might be freelance to learn and Earn online from the comfort of your home by using your time management.

Continue Reading and commenting to encourage Continue.... Stay tuned 

How To BD: 5 Tactics Convert Leads Being Loyal Customers

Business Development Blitz: 5 Tactics to Turn Leads into Loyal Customers

Here BD denotes Business Development. In today's competitive landscape, converting leads into loyal customers is the ultimate goal for any business. It's not just about making a sale; it's about building lasting relationships that drive repeat business and referrals. Here are five effective tactics to help you achieve this:

1. The Personal Touch: Humanize Your Interactions

Personalized Communication: Address leads by name and reference specific details from their inquiry.

Empathetic Engagement: Understand their needs and challenges, and show genuine interest in helping them.

Follow-Up with Care: Regularly check in to address their questions and concerns.

2. Focused Targeting: Pinpoint Your Ideal Customer

Identify Your Ideal Customer: Clearly define their demographics, pain points, and goals.

Tailor Your Messaging: Craft your marketing messages to resonate with their specific needs and desires.

Utilize Segmentation: Divide your leads into targeted segments to deliver more relevant content.

3. Lead Nurturing: Cultivate Relationships Over Time

Provide Value: Offer valuable resources, such as ebooks, webinars, or case studies, to establish yourself as an expert.

Stay Top of Mind: Send regular, relevant emails to keep your brand in their awareness.

Track Engagement: Monitor their interactions with your content to gauge their interest level.

4. Effective Follow-Up: Persistent but Respectful

Timely Follow-Up: Reach out promptly after initial contact or inquiries.

Address Objections: Anticipate and address potential concerns or objections.

Offer Multiple Contact Options: Provide various ways for leads to reach out, such as by phone, email, or social media.

5. Measure and Optimize: Track Your Results

Key Performance Indicators (KPIs): Track metrics like conversion rates, customer acquisition cost, and customer lifetime value.

Analyze Data: Identify trends and areas for improvement.

Continuously Optimize: Make data-driven adjustments to your lead generation and conversion strategies.

By implementing these tactics, you can create a more personalized and effective lead-nurturing process that drives customer loyalty and long-term business success. Remember, the key to converting leads into loyal customers is building genuine relationships and providing exceptional value.

For more resources: 

 Top 5 Lead Generation Strategies for 2021 (With Examples) | Blitz

 (4) How to Nurture and Convert Leads into Loyal Customers (in 5 steps) | LinkedIn

 10Convert Prospects to Customers: Top 5 Strategies for Successb2brocket.aihttps://www.b2brocket.ai › blog-posts › top-5-strategies...

 8Business Development Tips - turn "cold" calls into "warm" ...LinkedIn · Katharina Darisse50+ reactions · 7 years ago

 65 Strategies for Nurturing Leads Into CustomersBlitz Sales Softwarehttps://www.nowblitz.com › Blog › Tips

 2Turning Leads into Loyal CustomersTop Secretshttps://www.topsecrets.com › turning-leads-into-loyal-c...

How To Data-Driven OKR: Drive Awesome DM Growth Results

Organization with OKRs. OKRs: A Framework for Data-Driven Goal Setting that is visible to all. 

(Getty Images from online. Courtesy- strategist blog)

OKRs provide a structured framework for setting clear, measurable goals and tracking progress using data. Whims Guessing and Emotional decision-making days are obsolete and offset by data-driven decision-making.  Moreover, this is a data-driven dynamic tech and biz world using AI too! AI is a huge data library that compiles data queries at a quick turn-around time to give the results based on the input.  

Data empowers businesses to make informed decisions in a complex and ever-changing landscape. 

Data-driven decision-making is a process that uses data analytics to guide business decisions. Here are some essential metrics that digital marketers can track to make data-driven decisions: 

Take a Lesson From Google, Intel, and Others

OKR- "Objectives and Key Results" and is a goal-setting framework that helps individuals, teams, and organizations define and track measurable goals. OKRs are a popular management strategy that can help create alignment and engagement around goals. 

ROI KPI to SMART planning and strategy to drive company goals by performance and team playing...

ROI KRI is an easy and commonly used Digital Marketing tool to track results. This is not a big budget issue. We might track using free tools online. Every marketer knows the metrics and how to use them to get Results of the following:  

1. Conversion rate: The percentage of visitors who take a desired action, like making a purchase or filling out a form 
2. Customer lifetime value (CLV): The total revenue expected from a customer over their lifetime 
3. Customer acquisition cost (CAC): The cost of acquiring a new customer 
4. Engagement metrics: Metrics like time on site, bounce rate, and social media interactions to gauge audience engagement 
5. Return on investment (ROI): A metric that connects marketing efforts to financial outcomes 
6. SEO metrics: Metrics like organic traffic and keyword rankings 
7. Social media metrics: Metrics like followers and engagement rate 
8. Email marketing metrics: Metrics like open rate and click-through rate 
9. Content marketing metrics: Metrics like time on page and conversion rate 
10. Advertising metrics: Metrics like return on ad spend and cost per click 
11. Tracking the right metrics can help guide a marketing campaign to success. It can also help marketers understand how campaigns contribute to business goals and inform decisions about optimizing strategies and channels. 

For more resources: 

https://www.linkedin.com/advice/3/how-do-you-connect-data-driven-objectives-your

https://www.cofficient.co.uk/building-a-data-driven-organisation-with-okrs/

7 How do you connect data-driven objectives to your goals?LinkedInhttps://www.linkedin.com › ... › Analytical Skills

6OKR Visualization: 4 Ways to Take Strategy into ActionBusinessmaphttps://businessmap.io › blog › okr-visualization

4 Take a Lesson From Google, Intel and Others: Use OKRs ...Medium · Tim Darling150+ likes · 4 years ago

1How Data Quality Impacts the Achievement of Your OKR ...LinkedIn · Shafiq Mannan70+ reactions · 3 weeks ago

1516 Digital Marketing Metrics to MeasureWebFXhttps://www.webfx.com › Digital Marketing › Learn

14Data-Driven Decision-Making in Digital MarketingLinkedIn · Aqsa A.7 reactions · 10 months ago

128 Data-Driven Digital Marketing StrategiesTranskriptorhttps://transkriptor.com › data-driven-digital-marketing

11Data-Driven Marketing Strategy (With Examples and Results)o8.agencyhttps://www.o8.agency › blog › data-driven-marketing-st...

10Top 21 Digital Marketing Metrics and KPIs to Measure in ...OWOX BIhttps://www.owox.com › blog › articles › digital-marke...

9Data Driven Marketing: Metrics, Important Elements & TrendsGoodFirmshttps://www.goodfirms.co › Insights

8The 4 Essential Metrics Every Marketer Needs to KnowLinkedIn · Techsche Pvt. Ltd.2 reactions · 6 months ago

210 Proven Metrics Every Data-Driven Marketer Should TrackElementary Analyticshttps://elementaryanalytics.com › 10-proven-metrics-in-d...

112 Essential Marketing Metrics Every Business Should TrackDigitalOceanhttps://www.digitalocean.com › resources › articles › m...

How Hiring Brilliant: Really Amazing ROI By Smart Investments PRIZE

Hiring Brilliant: Maximizing ROI with Smart Investments

Finding the Right People: Matching Talent with Roles Providing the best compensation Culture and friendly environment scope of work is crucial. Recruiting is not the ultimate result. Retaining ongoing relations and loyalty matters to attract and avoid brain drain or burnout.

Most fictitious companies like and love HIRE & FIRE... possess bad reviews!  

In today's competitive job market, attracting and retaining top talent is crucial for organizational success. However, simply hiring individuals with impressive resumes is not enough. It's equally important to ensure that these individuals are the right fit for the specific roles they will fill. You can't fry fish without oil- Employ Happiness matters!!

In today's dynamic and competitive business landscape, the quality of your team can significantly impact your success. Hiring the right professionals is not just about filling vacancies; it's about investing in individuals who can drive your organization forward. While the temptation to cut costs might be strong, compromising on talent can lead to decreased productivity, missed opportunities, and ultimately, a lower ROI.

Bengali, Chattogram proverb "ছাগল দিয়ে হাল চাষ"

Literal Translation: "Ploughing with a goat"

Figurative Meaning: Doing something completely impossible or illogical. It's often used to describe a situation where someone is trying to achieve something that is simply not feasible or sensible.

The High Cost of Cheap Talent

• Increased Turnover: Employees who feel undervalued or underpaid are more likely to leave, leading to costly turnover.
• Decreased Morale: A team composed of underqualified or disengaged individuals can negatively impact overall morale.
• Reduced Productivity: Employees who are not equipped to handle their responsibilities may struggle to meet deadlines and achieve goals.
• Damaged Reputation: Hiring inexperienced or incompetent staff can tarnish your company's reputation.

Strategies for Hiring Brilliant Talent at the Best Price

1. Define Your Needs Clearly: Before beginning your search, create a detailed job description outlining the specific skills, experience, and qualifications required for the role. This will help you attract truly qualified candidates and avoid wasting time on unsuitable applicants.
2. Leverage Your Network: Reach out to your professional network for recommendations. People who know you and your company are more likely to refer qualified individuals.
3. Utilize Social Media: Platforms like LinkedIn can be powerful tools for finding top talent. Use relevant keywords and hashtags to connect with potential candidates.
4. Consider Freelancers and Contractors: For short-term projects or specialized skills, hiring freelancers or contractors can be a cost-effective option.
5. Offer Competitive Compensation and Benefits: While it's important to stay within budget, offering competitive salaries and benefits packages can attract top talent.
6. Focus on Cultural Fit: Look for candidates who align with your company's values and culture. A good cultural fit can lead to increased job satisfaction, productivity, and retention.
7. Invest in Employee Development: By providing opportunities for growth and training, you can help your employees reach their full potential and increase their value to the company.

The ROI of Hiring Brilliant Talent

Investing in top-tier talent may seem costly upfront, but the long-term benefits can be substantial. By hiring individuals who are passionate, skilled, and aligned with your company's goals, you can:

• Drive Innovation: Brilliant employees are more likely to think outside the box and devise creative solutions.
• Improve Customer Satisfaction: A talented team can provide exceptional customer service and build strong relationships.
• Increase Productivity: High-performing employees are more efficient and effective, leading to increased output.
• Enhance Your Company's Reputation: A team of talented professionals can help your company establish itself as a leader in your industry.

In conclusion, while the temptation to cut corners on hiring may be strong, it's essential to prioritize quality over cost. Investing in brilliant talent can drive your organization's success, improve your ROI, and create a sustainable competitive advantage.