1 out of 5 New Businesses Don’t Make it Past 12 Months – Why?

Failure is a part of being an entrepreneur. People try new business ideas and experiment with different strategies. Sometimes plans pan out, leading to a successful business that can stand the test of time. Other plans fail, and the startup fizzles out within a year of launch. According to statistics, one in five new businesses is unable to survive a year.

The Small Business Association says that around 30% of businesses fail within two years. While these statistics may seem discouraging, don’t let them bring you down. Here are some common reasons why some businesses don’t make it very long:

  1. Little Demand for the Product

A product is only successful if there’s some legitimate demand for it, and the market conditions are suitable. According to a recent survey, around 42% of startups fail simply because there just isn’t enough demand in the market. When you come up with an idea, it is important to spend some time thinking about whether it fills a vacuum.

For example, when Uber was launched, people were frustrated by taxis denying rides or overcharging. There was a market opportunity, which provided a fruitful environment for companies like Uber and Lyft. That’s why these apps became such a notable success.

Think about how a product might impact your target market, conduct comprehensive market research, and surveys. The data will help you determine whether a product idea is worth your time or investment.

  1. Less Integrated Team

Startups typically don’t function like traditional, more established companies. They usually have smaller teams and limited resources, which means every team member wears many hats. Unfortunately, some people have a difficult time taking on a variety of roles. CEOs may stay in one lane, only focused on leading their company. CMOs may consider marketing their responsibility but they may not contribute anywhere else.

Startups have a more organic environment that requires a lot more collaboration. It’s common for CEOs to get their hands dirty on basic tasks just to get the job done. CMOs sometimes take over customer care or human resources as well. A successful startup is an excellent example of how collaboration can yield beneficial results.

  1. Burning Through Resources Quickly

New businesses have limited resources, even if they manage to get significant funding early on. Unless a business venture generates substantial, self-sustaining income, it is vulnerable to failure. Many startups fail because they burn through these initial funds quickly, often because they hire more staff than they need.

New companies must be conservative in their spending, making sure they invest every penny wisely. Sometimes ventures expand a little too rapidly, which spreads the resources thin. Make sure you have a solid foundation, a robust and streamlined team, and reasonable revenue before you focus on expanding. Let a business settle by getting its roots deep in the market first. That’s how business entities stick around for years and even decades or more.

  1. Low Finances

You need money to start a business. Begin looking for financial aid even before starting a business. Make sure you have a pool that will last until you have a steady cashflow. Cut corners and save wherever you can at first as stretching every dollar can help a business last longer.

If a venture can get through financially challenging times in the early months, it has a better chance of surviving.

  1. Bad Location and Internet Presence

Location and internet presence are some of the most influential aspects of most businesses. A shop located in the wrong place isn’t going to attract a lot of traffic. Companies must conduct a thorough location analysis to find a suitable location. They also need a robust online presence with well-developed websites, online reputations, and social media accounts, since a negative online reputation can break a business entirely.

These are some of the most common problems that challenge new businesses. It’s advisable to create strategies to avoid them and stay wary of falling into common traps. This can help improve your chances of success, especially in the early months of starting a business.

As an information technology company with many years of experience, we’ve helped hundreds of clients leverage technology to become more efficient and increase profits. Interested in learning more? Let’s connect. Send us an email or give us a call and we can get the conversation started.

 

5 Inspiring Things You Should Know About Elon Musk

Elon Musk is a fascinating person. He is the man behind Tesla, the company that introduced revolutionary electric cars into the market. He’s also the force behind SpaceX, which is a private organization that launches rockets into space and frequently collaborates with NASA.

Recently, Musk created special flamethrowers and sent a Tesla car into space. He’s a man who doesn’t hesitate to experiment and pushes the boundaries of tech innovation fearlessly. Here are some of the most inspiring things you should know about Elon Musk:

  1. He Amassed His Fortune Before the Age of 30

Elon Musk became a millionaire when he sold one of the first companies, an online media-services establishment, to Compaq for $307 million. He was 27 years old at the time and ready to keep moving. He founded X.com, which eventually became the highly successful PayPal. Musk sold that company to eBay for $1.5 billion and earned a profit of around $180 million from that sale. He was already a success story before he established his two most significant projects; Tesla and SpaceX.

  1. Both Tesla and SpaceX Were On The Verge of Failure

SpaceX and Tesla are both successful companies now, but they came close to failure just a few years ago. SpaceX tried to launch its flagship rocket three times and failed. He lost a considerable fortune during those six years and was down to his last $75 million.

It took around $90 million to build a rocket at that time, which means Musk could barely afford another launch. He was the sole owner of the company, so he didn’t have much support. Tesla was also in a rocky boat. Their first product, the $100,000 Roadster, had several quality issues and faced many recalls.

Fortunately, both companies recovered. The fourth SpaceX launch was a success, which impressed NASA enough to give the company a multibillion-dollar contract. Tesla also managed to brave public distrust and launch successful products. The third-generation Tesla cars are a big hit. This goes to show that everyone faces ups and downs and need to be persistent.

  1. Musk Wants to Make Tesla Cars for the Masses

Tesla started with a premium product that most people couldn’t even dream of owning. They launched a fast Roadster with a price tag of $100,000, which put it firmly out of reach for most people. But Musk has a plan to create one luxury line, one mid-range line, and one mass consumption line. In 2016, Musk introduced the third generation Tesla vehicles with one model priced at $35,000.

Tesla has already made an impact on the automobile industry and has been a disruptive influence. Many other manufacturers are trying to follow in their footsteps and release their electric car models.

  1. His Work Ethic Is Not One To Be Rivaled

Musk works hard and has an unbelievably busy schedule. According to an interview, he has only taken two weeks off in almost 12 years. He also has 100-hour workweeks and only sleeps around 6 hours every night.

Of course, not everyone can or should follow this example, but people can get inspired by his commitment to his dreams. Musk has many goals in mind, and his current success is just a starting point.

  1. His Entrepreneurial Spirit Manifested Early

Elon Musk had a mind for business even before he was a teenager. At the age of 12, he developed and sold a game to a computer magazine for $500. That was big money for a child living in Africa back in 1984. It was a simple enough game named Blastar, and it wouldn’t get much attention now, but it shows that it is never too early to start. Ideas can come to you at any age.

 

3 Secrets that Super Successful Companies Use for Fast Growth

What differentiates rich entrepreneurs from the average ones? Why do some businesses make their founders very wealthy while others make their founders struggle each month to make ends meet? Some people say its sheer luck — trying something at the right moment in the right place with the right people. And in part, there’s some truth to that.

However, there are some important things that average entrepreneurs ignore, and in the end this not only causes them stress but sometimes even their entire career trying to make a business successful.

As an agile software development company with decades of experience, we’ve had the opportunity to learn a lot by working with successful entrepreneurs. Here are three things we’ve noticed that successful companies tend to have in common.

3 Things Many Successful Companies Share

  1. A focus on the right type of growth.

According to Robert Kiyosaki there is a difference between being a self-employed business owner and super successful entrepreneur business owner. Kiyosaki explains that a self-employed business owner owns a job not a business.

Some examples are: the mechanic that opens at 9 am and some days has to stay until 10 or 11 pm working because he has many cars in line. Another example is the entrepreneur who starts a neighborhood market and becomes a slave to the business working 12 or more hours a day because he or she has to have everything under control. These types of entrepreneurs often end up getting burned out by their business.

These entrepreneurs tend to focus on internal growth. You hear these types of business owners saying: “this year our company grew 5%”. Their growth strategies focus on things like cost control, finding cheaper suppliers, or selling a little bit more.

Successful business owners with superfast growing companies tend to focus on external growth.

American businessman and author of “Your First 100 Million” Dan Peña is an expert in growing companies geometrically. According to Peña, there is no way that you can grow a company internally as fast as you can externally, and the only way to grow a company externally is through acquisitions.

Peña started Great Western Resources with a leased fax machine and an $820 investment in his newborn son’s bedroom. He quickly began making acquisition deals, buying other businesses in his same industry. After purchasing several smaller businesses and making a conglomerate he went public eventually making $450 million.

Look around at many of the big companies today. You’ll notice that initially many were start-ups that gained early traction by purchasing other businesses, finally becoming successful conglomerates.

Have your heard of Virgin Group? It’s a conglomerate with more than 38 companies inside. Owner Richard Branson clearly knows a thing or two about external growth.

Have you heard of Warren Buffett? One of the richest men in the world started buying stocks from different companies and now his own company Berkshire Hathaway is involved with nearly 100 companies.

Why would an entrepreneur want to grow 10% or 15% internally when it is possible to grow 100% or more externally?

  1. An Understanding of Compound Interest.

Jeff Bezos, the owner of Amazon and the richest man in the world with a net worth of over $100 billion collects a normal salary just like any other CEO.

Why would a person with $100 billion receive an annual salary of less than $100K? Because he understands the power of compound interest. High speed growth is often the outcome of reinvesting profits into a business. This reinvestment can include: developing new products or services, technological innovation, expanding operations to different countries, and focusing on growth.

Warren Buffett lives a similar simple and frugal life, with a focus on reinvesting his dividends in new stocks, acquiring more stocks from many different companies and developing the large conglomerate mentioned previously.

  1. An Ability to Harness the Power of Technology.

Remember the old cab companies that you had to either call or hail on the street? That is a thing of the past with technology companies like Uber transforming everything. Technology enables people across the world to request transportation in a convenient way, knowing who will come, what license plate and vehicle color/make/model to expect, etc.

How was Uber able to grow from being a simple cab concept to a $70+ billion company? The company leveraged the power of technology. Every business, regardless of the industry, should consider how to grow leveraging technology as an advantage.

As an information technology company with many years of experience, we’ve helped hundreds of clients leverage technology to become more efficient and increase profits. Interested in learning more? Let’s connect. Send us an email or give us a call and we can get the conversation started.

 

5 Things You May Not Know About Jeff Bezos

Amazon is the leader of e-commerce as we know it, and no doubt a household name. It’s CEO and founder Jeff Bezos however, has just recently begun to make headlines.

The richest person in the world, Bezos is said to have a net worth of 112 billion. After graduating from Princeton with degrees in electrical engineering and computer science, he worked for an investment bank. In 1994 he launched Amazon out of his garage. What would become a multi-national tech company began as a virtual bookstore. Bezos sold his first book in 1995, a copy of Douglas Hofstadter’s Fluid Concepts and Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought.

Amazon has since grown to develop and offer many products and services ranging from the Kindle, movies and television shows under Amazon Studios, as well as the cloud-computing service known as Amazon Web Services. As a result, Amazon has catapulted Bezos into the spotlight. For those interested in learning more about the serial entrepreneur, here are 5 things you may not know about Jeff Bezos:

1. He originally wanted to name Amazon “Cadabra.”

As in “abracadabra.” Bezos wanted to convey something magical about the convenience of shopping online. However, his advisers convinced him otherwise. Bezos instead chose the name Amazon because it began with the first letter of the alphabet. It also represented the earth’s largest river and he was aiming for opening the world’s largest bookstore.

2. Bezos owns The Washington Post.

The tech savvy entrepreneur purchased the newspaper in October of 2013 for $250 million after being approached by publisher Donald Graham. Under Bezos’s leadership the paper has adapted to the digital age. After reinventing itself as a media company, it has doubled it’s web traffic and even turned a profit. No small feat in today’s world of online journalism.

3. He owns a private space company.

In 2000, Bezos founded the aerospace company Blue Origin. The space flight operator is supposedly launching a crewed space tourism flight before the end of this year. Bezos’s long-term goal is to eventually aid in the colonization of space. The company is the first to invent reusable rockets. No other rocket in the history of spacecraft has been used twice. The ability to successfully launch and land a rocket multiple times will help to significantly lower the cost of access to space.

4. He’s a huge Star Trek Fan.

Bezos has reportably admitted that both the smart speaker Amazon Echo and it’s virtual assistant Alexa were inspired from the Star Trek computer. In 2016, he begged Paramount to let him have a cameo in the movie Star Trek Beyond. While his scene only lasted 8 seconds, he did have a speaking part.

5. Bezos makes $2,489 per second.

According to Business Insider, “Bezos makes more than twice what the median US worker makes in one week. That’s $149,353 per minute.” He is also “nearly 38% richer than the British monarchy.” And to think he once was a McDonald’s fry cook…

 

Six Things You (Probably) Didn’t Know About Bill Gates

Bill Gates is a household name. This is especially true to the households that spent their formative years in the late 80s and early 90s when Gates worked to make computers a staple in the family home. Most people know that he’s the founder of Microsoft, one of the most popular operating systems in the world. Most people also know that he dominated the Forbes list of richest people in the world since 1993. In 2017, he was bested by Amazon founder and CEO, Jeff Bezos, but still holds the number 2 spot today. Another commonly known fact about Bill Gates is that he gave a laughable deposition testimony during the 1998 Supreme Court case United States v. Microsoft over antitrust litigation. And that Microsoft ended up being charged with monopolization, tying, and blocking competition.

For the most part, Gates’ life has been in the public eye over the last twenty years. If you’ve seen a documentary on the life of Bill Gates and the rise of Microsoft, the details mentioned above are all covered. However, there are a plethora of things that most people don’t know about Bill Gates. From his personal life to his dedication to philanthropy, you probably didn’t know these six things about Bill Gates.

The first computer program Bill Gates wrote was a tic-tac-toe game.

After his prep school raised enough money to buy a Teletype Model 33 ASR terminal and time on a General Electric (GE) computer, Gates’ interest in programming grew. His teacher’s noticed and excused him from class to continue working on his ever-growing interest. The Teletype model was the first machine he wrote a complete computer program on. The program allowed computer users to play tic-tac-toe against the computer. The ability to get a computer to perform a specific task fascinated Gates and he spent the rest of his time in school creating computer programs for his alma mater and other local-area businesses.

He almost got a perfect SAT score but did not graduate from college.

At the age of 18, Gates was named a National Merit Scholar. Later that same year, he scored a 1590/1600 on his SAT and was accepted to Harvard. Throughout his two years at the Ivy League school, he never decided on a plan of study and spent most of his time with the school’s computers. Despite his intelligence, he did not graduate from Harvard. Instead, he took a leave of absence for an unspecified amount of time to work on Microsoft. As the company rose to success, he never returned but stated multiple times that he “could always go back to school” if Microsoft failed for some reason.

Bill Gates has stated that he is concerned for the future of superintelligence.

With most of his life focused around and driven by software, it’s no surprise Gates has thoughts on the future. Popular forum platform, Reddit, often hosts AMAs or “Ask Me Anything” sessions during which influential people invite Reddit users to do just that and ask them anything. One user asked what Gates’ thoughts on superintelligence were and his response was one of concern. He sides with Elon Musk, another influencer in the information technology sector, and stated that “first the machines will do a lot of jobs for us and not be super intelligent. That should be positive if we manage it well. A few decades after that though the intelligence is strong enough to be a concern. I agree with Elon Musk and some others on this and don’t understand why some people are not concerned.”

One of his biggest philanthropic missions to date is to eliminate polio.

Bill Gates and his wife, Melinda, are both chairs of the Bill & Melinda Gates Foundation. The foundation is the largest private charitable foundation in the entire world. The mission of the foundation is to improve global health while saving lives. The foundation has also partnered with Rotary International, an organization that brings together professional leaders with humanitarian efforts, to eliminate polio. The foundation also supports the use of genetically modified organisms (GMOs) in worldwide agricultural development. Currently, in addition to their partnerships, the foundation is supporting the International Rice Research Institute’s efforts to develop a “golden rice” that will fight vitamin A deficiency.

The Gates’ family residence is a 66,000 square-foot mansion in Washington state.

Bill Gates, his wife Melinda, and their three children live in a 66,000 square foot property that overlooks Lake Washington. The property is an earth-sheltered mansion built into the side of a hill. It’s designed in the Pacific lodge style with classic features as well as technologically-forward features. The home has a private library with a dome roof and oculus but also features a 60-foot wide swimming pool with an underwater music system and a server system throughout the entire estate.

In addition, the home also boasts a 2,500 square foot gym and a 1,000 square foot dining room. Often referred to as Xanadu 2.0, a Citizen Kane reference, the home features 7 guest rooms, 24 bathrooms, a 23-car garage, and a beach made out of imported sand from the Caribbean. Want to see the inside of it? There are some ways to do just that if you can catch Gates when he’s auctioning off home tours. Some tours have been bought for as much as $35,000 a piece.

His dedication to philanthropy will outlast his lifetime, his wife’s lifetime, and his closest friend’s lifetime.

Bill Gates, his wife, Melinda, and his closest friend, Warren Buffett, are all very dedicated to philanthropy. In fact, they are so invested in giving back that together they signed a “Giving Pledge”. This pledge commits them to each donate at least half of their wealth to charity over the course of time. The campaign itself is available for anyone who is wealthy to commit to. As of 2019, the Giving Pledge had 191 signatures from individuals and couples across 22 countries. Their commitments total over $1,000 billion dollars.

The next time you hear the name Bill Gates, or he comes up in conversation, remember that he is more than the creator of Microsoft. Gates is also a well-known philanthropist, an advocate for slowing down on developing artificial intelligence, and much more. If you’re interested in learning more about Bill Gates, his website https://www.gatesnotes.com is a great place to start. On the blog, interested parties can find a lot of additional information on Gates’ philanthropic efforts, books he recommends, and people he considers his heroes. There is also a fascinating biography by Michael B. Becraft on gates, aptly titled “Bill Gates: A Biography”.

5 Programs That Can Help You Stay Organized At Work

organized at workNo matter how organized you may be, there comes a point where you get overwhelmed at work. Whether it’s due to growing responsibilities or a surge in clientele, we all get there. Thankfully there are a lot of helpful programs available to stay organized at work. From your evergrowing to-do list to client management, there’s a program for everything. Due to being busy, you may not have the time necessary to see what programs work best for you. This is why we’ve outlined 5 programs that can help you stay organized at work. Take a look at our list below and see if any of these programs will help you stay organized and manage your workload.

Stay Organized at Work with These 5 Programs

1. Trello

Trello is a great way to manage projects and tasks within those projects. Users can set up “boards” to denote projects, so each project is a separate entity. Within each board, users can create “cards” to represent tasks and “lanes” to track progress of tasks. With an easy-to-use interface, almost anyone can use Trello to their advantage. Trello also has an app that can be used on phones or tablets and features a compatible interface. Even more beneficial are the desktop and email notifications users can set up to make sure they don’t miss anything. If you’re feeling like you’re being pulled in too many directions, try Trello. With this helpful program, you’re able to keep all your projects in one place and track their progress.

2. Tomorrow.do

Do It Tomorrow may sound like the procrastinator’s dream, but it’s not quite that. This easy to set up and even easier to use program is a quick signup away and completely free. With Do It Tomorrow, you’re able to consolidate your to-do list in one place (and even set it as the first page to open when you get to work!) The way this program works is quite interesting. First you fill up your to-do list with all your tasks. You can set tasks that need to get done today and tomorrow. Once your tasks are all in place, start marking them off as you complete them. Anything that doesn’t get done automatically gets pushed to the top of the list the next day. It’s a great little program that can really keep you focused on the task at hand and the task ahead.

3. Google Drive

If you’re aware of Gmail then you’re probably aware of Google Drive. However, what a lot of people don’t know is the limits you can push Google Drive to in order to work it to your advantage. With Google Docs, Google Sheets, Google Calendar, and Gmail, Google Drive really has everything you need to manage your work. And it all stays in one space which can be accessed from any computer, phone, or tablet. One of the best things that Google Drive offers is practically endless storage space. So, if you’re looking for a storage program that you can access from your home, office, or vacation spot and offers a wide variety of functions check out Google Drive. It’s another user-friendly platform that most office workers utilize for at least some sort of organization tool.

4. Dropbox

Dropbox is another great tool for file management and photo storage. This program has been around for quite a while and has a large following, so it’s likely you’ve received a Dropbox link from someone trying to share files or photos with you. While Dropbox is a great platform for sharing documents, photographs, and large files, the platform has memory restrictions. If you find yourself falling in love with Dropbox, you’ll need to be on top of managing what you store in it or ready to upgrade your file storage size.

5. Hootsuite

If you work with social media at all, it can get overwhelming and that can happen quickly. Almost all social media managers use some sort of online program to help stay organized. Hootsuite is one of the most popular programs for just that. Hootsuite is a social media management tool that allows users to schedule social media posts well into the future for publication. With the ability to manage Facebook, Twitter, Instagram, and more from one place, Hootsuite saves users time and headache. Hootsuite, like most of the programs we’ve covered, also has a user-friendly app that can be used on phones and tablets alike. This allows you to take your social media management with you on the go and never miss a post.

While these are five tools that we’re familiar with, there are tons of other programs to help you stay organized at work available. We recommend looking around and finding the programs that work best for you. Most are free and those that don’t offer a free trial for some amount of time. Try out different programs until you find the right fit for you and your workflow. Being organized at work can help to reduce stress and increase job happiness, so find what works for you and use it to your advantage!

At Number8, we offer onshore and nearshore product development support to companies large and small. Throughout our company, we hold high regard for job happiness and find that being organized at work helps to keep our employees happy. If you are interested in learning more about what we do or getting in touch with us, visit our Contact Us page or give us a call at 502-890-7665.

10 Things to Do and See When Travelling to Costa Rica

travelling to Costa RicaTravelling to Costa Rica can be such an enriching experience for many reasons. Costa Rica is a gorgeous country nestled right in the middle of Central America with Nicaragua to the north and Panama to the south. Sandwiched between the Pacific Ocean and Caribbean Ocean, the country’s close proximity to water and the Equator has allowed for lush rainforests to cover the country with greenery. Because of Costa Rica’s exotic terrain, beautiful beaches, abundant animal life, and friendly community, it is a tourist destination for people all over the world.

There aren’t many countries where you can climb a volcano, relax on a remote sandy beach, and zip-line through the rainforest in just a few days. You can do all of this, and much more, when you visit Costa Rica. Whether you decide to travel during the wet season, or the dry season, the country will not disappoint. To ensure that you get the most out of your trip to Costa Rica, we’ve outlined ten things to do and see when travelling to Costa Rica.

5 Things to Do When Travelling to Costa Rica

1. Experience Monteverde Cloud Forest Biological Reserve

Whether you want to walk the forest floor or zipline through the forest canopy, experiencing Monteverde Cloud Forest Biological Reserve should be on your list of things to do when travelling to Costa Rica. Monteverde Cloud Forest Biological Reserve was named for the nearby town of Monteverde and consists of 26,000 acres of cloud forest – a subtropical forest known for having consistent cloud cover due to moisture. With over 850 species of flora and over 150 species of fauna in the forest, you are sure to see some interesting sights on your visit.

2. Enjoy Nightlife in Puerto Viejo de Talamanca

The Caribbean town of Puerto Viejo de Talamanca is a popular destination for tourists visiting Costa Rica. At night, the city comes to life with bamboo bars, Reggae music, and vivacious nightlife. There is something for everyone in this town. Whether you want to adventure inland to the rainforest, enjoy surfing and drinks on the beach, or visit the black sand beach of Playa Negra for a more offbeat adventure, all can be done in Puerto Viejo de Talamanca.

3. Explore La Paz Waterfall Gardens

The La Paz Waterfall Gardens promise to wow even the most travelled explorer. The Gardens features five waterfalls that are all accessible by safe and easy hiking trails. If hiking is not your thing, you can check out the aviary that features a vast number of bird species. You can also see monkeys, jaguars, pumas, other large cats, frogs, and orchids in this one park. Established in 1998, the entirety of the Gardens opened to the public in 2000. Since then it has become a thriving tourist destination nestled on 70 acres of beautiful Costa Rican jungle.

4. Relax in Tabacón Hot Springs

On more than 900 acres of reserved tropical land, the Tabacón Hot Springs are a modern marvel. The water is heated by a stream of hot springs that run through marshes and grasslands from the Arenal Volcano. Thanks to one man’s adventurous attitude and ability to think outside of the box, the Tabacón Hot Springs Spa was established in the late 1980s. After a complete overhaul in 1991 that took over two years, these relaxing hot springs are now surrounded by acres and acres of Costa Rican native flora, a restaurant, and spa making this one of the most beautiful and relaxing tourist destinations in the country.

5. Take a Tour of a Coffee Plantation

A lesser known fact about Costa Rica is that coffee beans are a huge export and one of the country’s most profitable crops. Thanks to the country’s location and climate, coffee plantations are abundant which gives tourists multiple opportunities to take a tour. Most of the coffee plantations are in the Central Valley of Costa Rica and each plantation offers a different experience, so if you’re a true fan of coffee you may want to check out more than one.

5 Things to See When Travelling to Costa Rica

1. The Nicoya Peninsula

The Nicoya Peninsula, which juts out into the Pacific Ocean, is a well-known spot in Costa Rica for its beautiful beaches. While it is a popular tourist destination, and will be crowded, it is worth a visit. The Nicoya Peninsula is one of the world’s Blue Zones and there are numerous nature reserves and wildlife refuges to visit on the peninsula itself. During certain times of the year, you can even see Leatherback turtles come to nest and hatch at Playa Grande on the peninsula.

2. The Arenal Volcano

If you are in the Tabacón area visiting the hot springs we mentioned above, you will definitely see the Arenal Volcano in the distance. The volcano is a sightseer’s dream from its almost perfectly symmetrical shape to its frequent activity since the 1960s. The Arenal Volcano has been inactive since October 2010; however, it could turn active any time and erupt soon after due to its placement and the high amount of water in its magma. Regardless of its activity, if you are in the area then you will be able to see the Arenal Volcano from afar or take a closer look with a guided tour.

3. Corcovado National Park

Further south in Costa Rica lies the “crown jewel” of Costa Rica’s system of national parks — Corcovado National Park. Encompassing the largest primary forest on the American Pacific coastline, the park gives vegetation and local fauna a place to thrive. The waters in and around the parks also promote ecological diversity. Baleen whales, including humpbacks, winter, and breed in Drake Bay which is relatively close to Corcovado National Park.

4. Caño Negro Wildlife Refuge

The Caño Negro Wildlife Refuge is another area of Costa Rica that promotes the preservation of wildlife and local flora; however, the Caño Negro Wildlife Refuge sits over wetlands unlike other national parks and reserves mentioned in this article. This makes it a unique site for migratory waterfowl. It also makes it a unique experience for travellers as you can only explore the area by boat. In addition to migratory waterfowl, this wildlife reserve is also home to large cats, monkeys, and many other native species.

5. Tortuguero National Park

People know about the Tortuguero National Park in Costa Rica for a few reasons. For one, the park is extremely remote and is only accessible by airplane or boat. Regardless of how difficult it is to get to Tortuguero National Park, it is still the third most visited park in the country. With 11 different habitats within the park, it boasts a massive variety of biological diversity. When you visit Tortuguero National Park you can experience the rainforest, mangrove forest, swamps, beaches, and even lagoon environments in a single trip. While visiting Tortuguero National Park, try to observe the egg-laying of both green and leatherback sea turtles which occur in the park.

Traveling to Costa Rica can be an enriching experience thanks to the variety of environments available to explore. A Costa Rican vacation can be made even more wonderful by the friendliness of the Costa Rican people, called Ticos. With so much to do and see in one country, there is something for everyone. If you are looking for an exciting vacation that can be a learning experience and a relaxing getaway, make sure to visit Costa Rica.

At Number8, we have a nearshore development office in San Jose, Costa Rica. Our development team travels throughout Costa Rica, for both business and pleasure, to enrich their lives with the country’s endless beauwildlifelife, and conservation efforts. If you are interested in learning more about our company, and what we do in Costa Rica, give us a call at (502) 890-7665 today!

Unexpectedly Losing a Key Team Member- How to Keep Things Moving Along

It happens to the best of us. Things go wrong in business, sometime the best employees quit, and it can be hard for any team to move on.

Preparing for the loss of a leader is good practice to ensure that things get back up and running as smoothly as as possible, as soon as possible, should such a situation befall your company. Here’s how to handle the unexpected exit of a key employee, and minimize any disruption to the day to day operations.

1. Decide privately who is going to fill what role before breaking the news to the rest of the team.

Take the time to fully evaluate the company’s needs and explore all the options available. Whether you decide to promote internally or take the time to find an externally qualified candidate, having a clear direction and temporary solution in place will help prevent a drop in morale and overall productivity.

2. Tell everyone at the same time so they all receive the same information.

Clear communication is necessary in order to avoid inaccuracies and gossip from spreading around the office and instill a sense of leadership.

3. Remain positive and grateful for the lost team member’s contribution.

While everyone is essentially replaceable, you want your remaining team members to feel valued and supported professionally as well as personally. Exhibiting excitement for the lost employee’s success, even if it’s not with you, not only prevents future turnover, it leaves the door open for opportunities yet to come.

4. Conduct an exit interview.

Even though they are leaving, it’s important to find out why. This is a great moment for constructive criticism. Ask them how they would describe the culture as an employee, and what changes they would make if they could, etc. Gaining such insight allows for your team and company to improve and continue to keep employees that are integral assets.

Lastly, be prepared to offer support to your team as roles change, or take on more yourself to make up for the gap during this transition. Doing so will be key in succeeding with as well as finishing current projects.

At Number8, we help project managers connect with highly trained and efficient IT support to help reach company goals. If you’re interested in learning more about Number8 and what we do, give us a call at (502) 890-7665, or check out our information page!