Category: Entrepreneur School
What Is an Angel Investor Actually? First of all, let’s see what a business angel (angel investor) is. This usually is a wealthy person, who is willing to finance a startup, in exchange for a part of the equity of the financed venture, or for convertible debt. It’s not unusual for business angels to be organized in groups, this way they share the risk, combine their experience and know-how, and can provide much more financing. In many cases, angel investors are retired entrepreneurs or executives in big companies. They often participate in the management of the startup and provide not...
There is no doubt that billionaires are the most financially successful people. Their fortunes prove that very well. Also, there are just 1 645 billionaires in the world (by the time this post was written). This number, compared to the number of all the people on Earth, is extremely small. Billionaires are just 0.000000023% of the population or 1 billionaire in 4.4 million people. These guys have really made it big, and this is why it can be very helpful for any entrepreneur to learn from their experience. In the following infographic, you can see the best advice from some...
What To Do If You Fall… What to do if you fall? You try to get back up… What to do if you can not get back up a hundred times? You try again… I was looking around for cool business videos and I came across this one. This is one of the most motivating clips I have ever watched. It’s about a guy who is without legs and arms, but who is stronger and more motivated than 99% of all of us. His name is Nick Vujicic and this man is a hero, I simply can not find the...
Catch an entrepreneur and take all his/her money, let her start all over and she will most probably rebuild her wealth again. Give to a poor guy the big money, and he will most probably be poor again in a while. There are hundreds of stories about people who won the lottery and had nothing again just in a couple of years. So what would be the difference between a guy who just can’t succeed in business and a guy who is a serial successor? The answer to this question is simply – the way of thinking. Entrepreneurship is a...
Being a good leader is really something tough but it’s also really something that is totally worth it. Leadership is a complex thing, and there are actually many blocks that the mindset of a successful leader is built from. It is described as a process of social influence in which one person can empower the help and support of others in reaching a certain goal or completing a task. A good leader is a person who knows how to motivate people and make them believe in what he/she believes him/herself. A good leader leads, but doesn’t dictate. Being a recognized...
Franchising is one of the greatest ways to start your own business and be your own boss and at the same time take advantage of an already established brand and business operations. This is why everybody should know what it means. Here I will throw some light on the matter, giving you a very simple franchising definition. We will see how it works and will go through its main advantages and disadvantages. How Does Franchising Work? An Example With “John’s Bread” Imagine that John has built a successful bakery and makes really fine bread. For the last few years, his...
Like in almost any other area, entrepreneurs have their own slang. The guys from the online courses provider – Udemy have decided to make a kind of entrepreneur’s phrasebook, where you can see some of the most common buzzwords founders of new businesses use. I was surprised about how many words I didn’t know, but I quickly amplified my knowledge. Some of the terms are really joyful and I thought it would be cool to share them here. Entrepreneur’s phrasebook For better readability, you can click on the image to enlarge it. Don’t forget to share this post if you...
Every single day we see successful people around us. They seem to be so happy, they smile, they obviously enjoy life, they have enough spare time, because of their financial independence… Their lives look so carefree. Most people think of them as they are the ‘lucky ones’. It seems that any of them just got lucky at some point in their life and all the great life they live now is because of some kind of a fluke. Well, often in life things are not what they seem to be… What you see about most of these people is just...
Why do some people have money, while some others struggle to make enough for a living during their entire life? Why are there wealthy and poor people, and why some people will never get rich? Although there are no easy answers to these questions, there are some major differences between the poor and the riches. The guys from www.business-management-degree.net compiled an interesting infographic on which you can clearly see how differently both of the groups approach some of the most ordinary things in our life, like watching TV. The infographic is based on research made by Thomas Corley, who interviewed...
Financial leverage in simple words is simply a way for achieving bigger results with a relatively small amount of capital/financial resources. This is usually possible with the help of credit, but leverage could also be achieved with the help of some financial instruments like derivatives. In the most common case, borrowing against the initial amount of capital is actually what leverage is. This way one increases the power of his/her money, by adding some more credit secured by the money. It is used everywhere in the financial world and its main purpose is a greater financial result. Sometimes all of...
