Among third world countries are the ones which are the poorest in the world, thus making money and finding decent jobs are challenges on their own. Earth is becoming overpopulated, and among the most populated countries are the ones that are least developed. According to the 2013 Least Developed Countries (LDCs) report, it’s expected that the population of the 49 poorest countries in the world will double by 2050. Having all this in mind, you might wonder how these people meet ends when there’s more of them than the job market can provide work for. Here are some ways that third world citizens can lean on to help them succeed.  Developing an appreciation for life  People in undeveloped countries are used to having less to hope for. In some cases, this can lead to learned helplessness, but in some other cases, this lack of hope can help them turn to themselves and start appreciating life more. When you know you can’t have luxury goods and enjoy the comforts of a two-storey home, you start seeing the little things that matter more. For people who find social injustice, poverty, corruption and despair an everyday part of life, simply enjoying being with family and friends can light up their whole day. People who went abroad to work in undeveloped countries have experienced this, and many can vouch for this experience to be among the most influential in their lives. Being fearless and goal-oriented When a simple glass of water is at stake, third world countries still have enough to fight for. In conditions where every resource is valuable, you can’t take too much time to sit back and enjoy the ride, because the ride will no longer be there. Fighting for scarce resources makes people from undeveloped countries fierce and able to achieve more than people from highly developed countries, only when provided with the right resources. Once they are given a chance, these people can truly show what they are capable of and amaze us with their fierceness. Child daycare centers  Taking care of children is a special challenge, which is why children in third world countries often have to start working as soon as they learn to speak. They either start learning the family trade, help with the work in the fields or take care of their younger siblings. However, more ways are being developed to help introduce children into the working world in a more humane and beneficial way. If the parents and the children are working separate jobs, they can leave their children in specialized daycare centers so that they’ll have someone to take care of them while the parents are gone. Some services such as Peritus Childcare Sales even offer childcare brokerage and advisory business specializing in all areas of childcare, both in freehold and leasehold childcare sales. They can also rely on extensive in-house research to help you find your way around in the childcare industry.  Knowledge is a valuable resource An unfortunate fact is that many children in third world countries never go to school. Parents either don’t have the means to provide them with the opportunity to finish school, or in many cases, their hands are considered more valuable than their knowledge. This is the reason why bookish people in undeveloped countries are extremely rare and often most valuable. With a lot of hands-on labor going on, there has to be someone to take care of the health of the citizens, as well as work on technological innovations and broadening the education system. Knowledgeable people from undeveloped countries often are among the world experts in their fields. It’s needless to say that this might be due to the fact that they have seen real-life struggles that many people in developed countries have only read about. This unique experience enables them to excel in their field and really show the world what the true purpose of science and knowledge is.  No matter how romantic these paragraphs may seem, let’s not forget that many people in undeveloped countries struggle every day. More than 80 percent of people in the world live with under 10$ a day, which is disgraceful for a world that considers itself understanding and inclusive. Some people in the world still don’t have the means to fight for their basic human rights, and we are the ones who can change that by investing ourselves into helping them any way we can, and by fighting for a better world for all of us to live in.

Even though foreign investment can be tricky sometimes, mostly because of language barriers and currency conversions, it is still recommended by many financial advisors. A diversified portfolio should be a long-term goal for almost every investor. There are multiple ways of investing in the international market without exchanging currencies. Emerging economies and high growths of some countries in the world are always good reasons to invest in some of them. However, you have to know how to get started and when to make the investments. In this article, we will show you five tips for investing in the international market. Investing has its ups and downs The most significant reason to invest in foreign stocks is to diversify your portfolio. Also, you will take a stake in the growth of other economies, not only of your own country. Therefore, many financial experts suggest foreign stocks as a great addition to an investor’s portfolio. For conservative investors, the recommended allocation is five to ten percent. For more aggressive investors, the maximum should be around 25%. However, there is always a risk when it comes to investing in foreign stocks – changes in market value, political situation, risk of fraud, etc. However, with the help of the right advisors, you will be able to make the right decisions, which will lower the chance of any of those risks. ETFs and mutual funds Exchange-traded funds (ETFs) and mutual funds are the most common and easiest way to invest in the foreign market. When investors have foreign holdings in multiple countries and industries, these two types of fund will provide them with a well-diversified and quick foreign component in their portfolio. There are also many different types of funds investors can choose from – international, regional, country, sector, etc. How to know which of these is the best for you? It only depends on your investment objectives and willingness to risk. Also, mutual funds are usually managed by professionals, while foreign ETFs are better to gain diversification easily. Stay realistic Even if it might seem that adding foreign fund to your portfolio will cause a boom effect, don’t get excited too early. International markets can always cool off, and that is always a risk. Hence, don’t be overly optimistic – your expectations about foreign corporate earnings should always be realistic and according to current facts. However, adding international exposure is excellent despite the potential for higher volatility in foreign stocks. Why is that so? Because adding foreign stocks to your current portfolio can reduce its overall volatility. For instance, European stocks are 10% more volatile than the S&P 500, but even then, the European market can help offset gyrations in U.S. equities. Indexing Index investing and its advantages are well-known to investors. Especially lower fees and hitting benchmarks. However, picking the right foreign ETFs or index funds requires other considerations as well. For foreign ETFs, that offer clearer plays on other economies, consider having one that owns midcap and small-cap stocks. For international exposure, many advisors prefer active managers because of hidden growth opportunities which lie abroad. However, it is sporadic to see lasting, consistent outperformance by active funds. They charge expense ratios of more than 1% assets annually, and also, ten times the expense ratios of some ETFs. Multinational corporations Some investors are not comfortable with buying foreign stocks, which is understandable. In that case, they can find domestic companies that have the majority of their revenue and sales abroad in different countries/continents. Multinational companies are the best for this purpose. For instance, if you are a U.S. investor, you can consider having shares in Coca-Cola or McDonald’s Corporation. These companies generate the massive majority of their revenue from their global business and operations. Even though you won’t have true foreign diversification, you will still have a stake in international growth. The most significant advantage of this method is lower risk, which is, for some investors, an essential factor. Before investing, you will have to fully understand the political and economic conditions in the country you want to invest in, as well as other factors that could influence your investment. Focus on your objectives and goals, costs and potential returns and the balance between those factors and always keep all possible risks in mind.

If you have just recently graduated, you likely don’t have a lot of experience working in a “real-world” workplace. The first month at your new job may be among the most interesting but stressful periods of your career. There will a lot of pressure as you try to impress your boss and colleagues. However, instead of just passively riding along with everyone, you should take a proactive response. The first months set the tone for the rest of your career. Fortunately, we’ve scoured the web and found some essential things you should know when you enter a new workplace. Have an elevator pitch up your sleeve Prepare to give a 30-second explainer of who you are and what you’ve been doing before, as many new colleagues will probably ask about your prior place of employment. Get ready to also describe what you’ll be doing in your new position, because there may be individuals who have a vague understanding of your new role or simply want to break the ice. Create something yourself Although obvious, nowadays having an online website and portfolio is a must-have for most of the industries. Whether it is an app, a YouTube channel or a simple online resume, creating something yourself is a huge plus in the terms of experience. It shows that you’re passionate about your field and that you haven’t been sitting around, waiting for a chance to come to you. At the very minimum, having a personal site is tangible evidence that you have some computer skills and are a serious candidate. And whatever your name may be, you can easily find a personal domain name that will help you rise to the top of search engines. What to do if you experience an accident at a workplace If you get injured in an accident at your new job, you’ll likely be entitled to workers’ compensation benefits. Almost every employer is required by law to provide workers’ compensation insurance coverage for all of its employees. Keep in mind that there are often very short deadlines by which you must report a personal injury in order to be covered by the law. Even if you’ve only suffered minor injuries, your report could cause your employer to implement new safety processes that will prevent another injury from happening to you or your colleagues in the future. Follow the industry trends The changes around us are faster and faster. That statement is as true about industry trends as it is about technology. To stay up-to-date and relevant, consider joining professional associations and get in the habit of reading industry publications. Your education about a job never really ends. The time you invest in nurturing connections to the working world and educating yourself doesn’t have to be big – only a couple of hours a week – but it will pay itself off many times over. Professional groups offer an abundance of opportunities for networking and can provide you with the possibility to practice your pitch and interview skills. Analyze the social environment Two crucial factors in succeeding in a career are not only to get along with your colleagues, but also to notice the streams and currents that flow beneath any social environment. In any sizeable workplace, you are bound to find cliques. Some of them are on the right side of management, some are better with HR, while some mesh great with all others. If you want to rise up the ranks with your new employer, you’ll have to associate with the right crowd. Books like “48 Laws of Power” are excellent reading material about these hidden power dynamics present in any work environment. It is essential to start determining the office politics on day one. Power is an interesting, fundamental, and sometimes elusive phenomena in the workplace setting. Although an articulated positional hierarchy is present in every organization in the form of “an official who answers to who”, there are always those whose word carries weight too, even if they don’t have any higher official position. In the end, remember to clean up your act on social media. Businesses typically Google search a candidate before hiring them, and social media can be an instant red flag. Before going to the workplace, clean up your Instagram. Although this sounds a bit too Orwellian, the truth is, once something seen on social media, it’s hard to forget. It is much better if you remove it before anyone from work has a chance to see it.

Legal headaches are the bane of any small business owner. It’s not enough that you have to run a tiny company with limited resources — now you have to deal with lawyers and mountains of paperwork as well! What’s more, a liability lawsuit can cripple your entire business and stretch its resources to the max. Now, seeing how such a scenario could potentially spell the end of your business, it’s always wise to come prepared. Therefore, take a look at these five most common legal issues businesses face and avoid disaster before it strikes. 1. Employee Agreements One of the top causes of legal headaches that business owners face nowadays — disgruntled employees. For instance, a lot of startups are founded with very loose agreements between the founder, the co-founders, and the employees. As a result, there is a lot of in-fighting regarding who owns what, and what’s everyone’s share in the company. Facebook is just one example of this. Three Harvard college students sued Mark Zuckerberg for stealing their idea. In addition, “wrongful termination” is yet another source of legal migraines for many an employer. To avoid this, set a clear hierarchy from the very start and make everyone sign carefully drafted legal documents so that there is no room for legal hair-splitting of any kind later on. 2. Discrimination and Harassment Discrimination and harassment lawsuits attract a lot of unwanted media attention for your company which can ruin your brand’s good image; not to mention all the legal ramifications that can leave a huge hole in your wallet as well. In today’s workplace, these two are pretty common. As a result, you’ll need an exceptional HR team to deal with these kinds of issues and cut the problem at its root before it goes public; it’s better to solve any claims that may arise within the company instead of going to court. Schedule frequent meetings with your HR department and ensure that all is well and that there are no outstanding clashes between co-workers due to ethnic, religious, or social differences of any kind. 3. Personal Injury Claims If you have multiple people working for you, chances are someone will get hurt; eventually. In that case, the only thing guarding you against a potential lawsuit is your Worker’s Compensation Insurance. However, things can get really messy if your injured employee doesn’t want to settle out of court. If it comes to that, you need to do everything that’s within your power to dissuade them from filing a complaint. Look for some legal advice and consult with an exceptional compensation lawyer to avoid the cost of a lengthy lawsuit. In addition, this will also help you gain a better understanding of your employees’ legal rights — and your own legal obligations — preparing you for any future complaints that might come your way. 4. Protecting Your Name There’s a lot of patent litigation going on at the moment, especially with high-tech startups. Before developing a product, be sure to conduct meticulous research of patents and copyrights connected to your “invention.” Otherwise, you will have a huge legal battle on your hands. Another thing worth checking is your own claim on certain copyrights; especially that of your domain name. There’s nothing worse than investing all your money and love into your brand only to find that it’s not properly protected. In addition, be careful of “trademark bullying” that some larger companies might exert on you. One such case is McDonald’s claim on “Big Mac” which they lost rights to (inside the EU) earlier this year during a dispute with the Irish Supermac’s. 5. Having the Right Corporate Form Your brand’s (and your own) liability will vary greatly depending on the type of legal structure you choose for your business. What’s more, you’ll have to pay different taxes based on this structure as well. Naturally, this is where a lot of the confusion comes from which can result in a lot of tax-paying issues. For instance, when you are a corporation, you pay taxes twice; first, the profits are taxed, and then the dividends that are distributed to the shareholders. Other business structures have their own pros and cons. Make sure you get a firm grasp of how each of them works to avoid any unwanted legal repercussions coming your way. Now that you know the most common mistakes your fellow entrepreneurs make, you can work on avoiding the same. Be careful and try not to get on anyone’s bad side.