Log of what of Sampson Zeng has learned at Techie Youth

Fri. Aug. 12, 2022

How to be a likeable person - what I learned today at Techie Youth

It can be difficult to be a person that everyone likes because it can be overwhelming to impress everyone. First, don't hold grudges. People like to be forgiven. Second, be a fun person because most people like interesting and fun people. Third, take interest in other people. Find a common ground with people who don't have the same interests as you. People love talking about what they love. Everybody has a passion that drives them in life. Also, treat everyone with respect and gratitude and make them feel like they matter no matter their role because we don't really know who everyone really are. Make sure that everyone in the environment that you are trying to work with likes you and enjoys your company.

Thu. Aug. 11, 2022

Hiring a team - what I learned today at Techie Youth

When hiring employees for a team in a business it is important to manage the team effectively to increase productivity. One approach to hiring is to find out a leader’s leadership style so that they can find individuals that will work well with them and their team. For example, some leaders are more tough and strong whereas other leaders are more friendly and cool with their employees. Both types of leaders can be successful but they will need to find and hire people that can help them grow their business and compliment their leadership style to create a productive environment.

Wed. Aug. 10, 2022

Magazines and journals writing - what I learned today at Techie Youth

Magazine writers write about a certain niche and they typically write one or a few small magazines that have no hint of continuity. They goal is to grab the reader's attention by keeping their writing concise, interesting and factual. They can write about anything so their opportunities have no limit. Journal writers are usually experts in a field and they write typically long academic articles that contain many statistics, graphs, or charts to explain and support a topic. Generally, journal writers write for scholarly or research purposes.

Tue. Aug. 9, 2022

Recruiter software - what I learned today at Techie Youth

When companies receive an influx of resumes from job applicants, it is difficult for them to view every single resume. It may be even more difficult for them to find a candidate with a specific skill set. This is where recruiter software, such as applicant tracking systems, also known as ATS, plays a big role in the recruiting process. ATS helps recruiters by organizing applicant resumes and profiles into pre-programmed sorting and ranking systems to simplify their search. Most ATS systems have to paid are likely paid by the company. Some examples of ATS systems are ClearCompany, Zenefits, and EddyHR.

Mon. Aug. 8, 2022

How to recruit efficiently- what I learned today at Techie Youth

One of the first things recruiters look at before hiring a potential employee is their resume. However, in more recent years, more and more individuals are choosing high education and many have compelling resumes. So, how do recruiters hire people when most of their applicants have met the qualifications for the job? There are marketing strategies that make the recruitment process a little more efficient. Strategies such as creating candidate personas and utilizing social media to recruit are good ways to reach a targeted audience with skills and talent that benefit the company. Growing and enhancing an employer brand is also very important to attract the best candidate in the hiring process.

Fri. Aug. 5, 2022

Intro to trading cryptocurrency - what I learned today at Techie Youth

There are several differences between trading cryptocurrency and trading stocks. Cryptocurrency is unregulated and can be traded 24/7, whereas stocks regulate shares and have business days and hours. For each cryptocurrency transaction, there is a miner transaction fee that is paid to "miners" who record the transactions in the blockchain. A general risk of trading cryptocurrency in the US and other countries are tax implications. Some of the ways the purchase and trade mainstream cryptocurrencies are through Robinhood or Coinbase and Coinbase Pro.

Thu. Aug. 4, 2022

Blockchain technology - what I learned today at Techie Youth

Blockchain technology is a database that is decentralized, distributed and public. The core benefit of blockchain is that the records are immutable, meaning that it is theoretically impossible to modify or temper them. Blockchain is used for secure transactions, without the need for a third party such as a government or bank. Blockchain is not Bitcoin - it is the technology behind bitcoin and allows secure cryptocurrency trading to occur. Not only can blockchain be used for cryptocurrency, it can also be used for several other applications such as smart contracts.

Wed. Aug. 3, 2022

Intro to Cryptocurrency - what I learned today at Techie Youth

Cryptocurrencies are digital money that have their own currency and exchange rate, without the need for physical bills or coins. They are maintained in a decentralized ecosystem, which means that they are not managed by any centralized government. The first and most well-known cryptocurrency is Bitcoin. It is distributed through a database called a blockchain, where multiple users can make changes. Mining Bitcoin means to validate transactions and miners are rewarded in bitcoin. A user's bitcoin is accessed using a bitcoin wallet, which is a public key and private keys.

Tue. Aug. 2, 2022

Commodities trading - what I learned today at Techie Youth

A commodity is a basic material that is used to produce goods or services. The four main types of commodities are energy, metals, agricultural products, and livestock. Commodity prices constantly change in accordance to supply and demand. A benefit of investing in commodities is when there is inflation, especially during an unexpected inflation because the higher the prices of goods and services, the more return investors can get from their commodities investments. This is because commodities are used to make those goods and services.

Mon. Aug. 1, 2022

REITs trading - what I learned today at Techie Youth

REITs, also known as Real Estate Investment trusts is a type of investment that investors can add to their portfolio. This type of investment involves buying shares of a real estate companies' portfolio. For investors interested in investing in real estate, REITS provides a less hands-on investing experience because the company manage and purchase real estate. Some risks of REIT investments is that since non-traded REITS are not traded publicly, it is difficult to determine a REIT's value. Also, there are upfront fees for non-traded REITS, which can add to the cost of this type of investment. Other than that this is a good investment option for dividend-based income and portfolio diversification.

Sat. Jul. 30, 2022

Options trading for beginners- what I learned today at Techie Youth

Stock options are contracts that give buyers the right to buy (call) or sell (put) an asset at a certain price and date. All options have an expiration date and this means that the buyer chooses a time frame. They also all have a strike price and this means that they can be converted to the option's strike price to potentially get more value. Option contract multiplier means that for every option that costs a certain amount, the buyer needs to multiply that amount by a hundred to be able to buy that option.

Thu. Jul. 28, 2022

Partnership in Business - what I learned today at Techie Youth

The first major goal when looking for a partner to start a business with, is to make sure that every partner or co-founder has a well defined role in the company. This helps make sure that every co-founder of the company knows and understand their reason for being a part of the company. If a partner does not meet a target goal that all co-founders agreed upon, then an exit strategy needs to be made for that partner because they are not pulling equal weight as the other partners in the business. Some key components of having lasting partnerships in a business is communication and trust because this allows co-founders to successfully grow their business with team effort.

Fri. Jul. 15, 2022

Trading stocks - what I learned today at Techie Youth

When trading stocks, it is important to know that the amount of money invested into stocks is the amount that the investor is willing to lose. Even with low-risk investments, there is no promise that you will always earn more than what you invested. Sometimes, short- selling in volatile stocks may help investors mitigate losses. Overall, stocks with high volatility are ideal for short-term investments, while low-risk investments are ideal for long-term investments.

Thu. Jul. 14, 2022

Forex trading - what I learned today at Techie Youth

The value of currencies relative to other currencies is constantly changing. This is why Forex trading (or foreign trading) can be a way to earn money. This type of trading involves converting money to a currency with the strongest increases in monetary value. While this can be risky due to unpredictability, there are ways to avoid unnecessary losses, such as choosing a reputable broker and trading platform, as well as having a consistent and adaptive methodology.

Wed. Jul. 13, 2022

Video editing - what I learned today at Techie Youth

Videos are edited to project certain emotions/feelings or to tell a story to the audience. When editing videos, it is important that it does not become repetitive and instead feel natural. Transitioning from one scene to the next should be sleek and smooth enough that it captures the audience's attention.

Tue. Jul. 12, 2022

Being more effective in marketing - what I learned today at Techie Youth

When selling a product or service, it is important to sell its benefits rather than its features to potential clients. Clients usually buy products or services for its benefits, so marketing this aspect is more effective. It is also important to keep a a sales pitch concise and straight to the point to avoid wasting time and be more efficient in marketing.

Mon. Jul. 11, 2022

Funding a business - what I learned today at Techie Youth

Not all businesses start off with adequate funding, so business founders typically pitch their idea(s) to investors who can help them fund their business venture. Investors usually invest in companies that they believe will be a success, so it is important that business owners are realistic and describe the logistics of their company. They also need to consider how much of the company they are willing to share with the investor, so that they can decide on the best offer for funding their company.

Fri. Jul. 8, 2022

Building a brand - what I learned today at Techie Youth

One major legal aspect of starting a brand is creating a unique name that does not infringe on existing copyrights or trademarks. Once a brand name is established, a company can find an available domain name for their website. Other aspects of building a brand is to create a slogan and logo that effectively and creatively represents a brand. To reach a wider audience and allow customers to easily know about the brand, companies should create an interesting website.

Thu. Jul. 7, 2022

Planning a startup business - what I learned today at Techie Youth

Understanding profit models is beneficial in planning for a startup business. They help founders determine how much revenue they can gain, which can help them predict how likely their business is going to succeed. Having multiple streams of revenue is usually safer than having a single profit stream.

Wed. Jul. 6, 2022

What it means to be an Entrepreneur - what I learned today at Techie Youth

Entrepreneurs are leaders that take risks to make their business ventures possible. To start a company, entrepreneurs need to collaborate with a group of people to complete different projects. They dedicate their time to things that they are passionate about and are disciplined to make their passions into a reality.

Tue. Jul. 5, 2022

The basics of working remotely - what I learned today at Techie Youth

Today was my first day learning in Techie Youth. I took the prerequisite course "Intro to Earning Money Online" which covers fundamental skills and knowledge needed to work remotely. I learned about how my online presence, especially on social media, can be seen by employers and affect my public image. I also learned how to construct a compelling resume and cover letter, as well as techniques to prepare for a job interview. This was a really informative course that taught me the fundamental skills needed for a remote job.