Category: Entrepreneur School
Starting a brand new company is not an easy thing to do in most cases. Actually, it’s really tough and exhausting activity. This is why more than 90% of all startups fail in the first years. But this is something normal, rather than something scary. It’s even good and actually, you should never fear failure. Why? Because it’s always a good lesson, a great teacher and experienced provider. This is why we should learn from our mistakes and never give up. We should not look at failure negatively. Most people get demotivated and disturbed by it. They just start to...
Are you wondering about how to become an entrepreneur? Most entrepreneurs are simply born this way (this doesn’t mean that you can’t learn to be one of them, too). This is why there are so many millionaires and even billionaires who have never graduated from college. Some of them haven’t even finished their high school education (billionaire Richard Branson is a bright example). These are the so-called natural entrepreneurs. Even though you can learn to be one of them, most of the characteristics common for so many entrepreneurs are inside you when you come to this world. I came across...
If there was a thing that was the simple and clear key to success… Just one thing, which if it was done well could reward you with an impending success. Too good to be true? Maybe not… Even though I don’t think that a universal way to do anything exists, according to author Dan Kennedy there is such a thing. And not only he knows about it, but also he has written an entire book on this matter. And here is the only habit one should master and stick to, to be successful. Punctuality The author has been exploring punctuality...
Success in business can be achieved in many different ways, but if we look globally at successful entrepreneurs, we can find that they have many things in common. So if you are wondering how to be a successful one, here are 15 of the most common characteristics we believe most of them have: 13 characteristics of entrepreneurs that make it 1. They do what they are passionate about – doing what you like is a kind of guarantee, that you will give the best of yourself. This is the case in which getting bored is less likely because you are...
A startup accelerator also referred to as a seed accelerator, is a form of a business incubator that is chasing profit by usually acquiring a part of a business and then helping the latter to grow. Its main purpose is to help high-potential business ideas with mentoring, office space, know-how, education, and of course seed capital in exchange for a piece of the equity of the new business. The support is for a certain period of time ranging from 3 to 18 months and it is usually provided at the very beginning of a start-up. Business incubators are different from...
Money is the lifeblood of any business. It is the fuel that any company needs at any stage of its existence. No matter how big it is, no matter how many workers are employed, any venture needs financing to stay operational. In this article, we will go through the different stages of financing and see the different ways businesses obtain their money in their life cycle. Funding Stages / Business Financing Stages Seed Funding Stage – this is the very first stage of financing, in which the business may not even be founded yet. This is the money used for...
Seed capital also referred to as seed funding is a commonly used term in the business world. But what does it mean and how exactly is it used? Well, in this article I will try to explain its basics. So, seed funding is a form of financing in which the owner of a business receives money in exchange for a part of the equity of his/her company. It is called ‘seed’ because it happens at the very beginning of the business before even the latter generates any money (before it is started). This makes seed funding a very risky investment...
Who is Evan Spiegel? Evan Spiegel is one of the founders and the chief executive officer of the popular service for transferring messages Snapchat. This young entrepreneur is only 23, and recently he was offered $3 billion for his business. The offer was made by the social giant Facebook and actually, it was … refused?!? Let’s make it crystal clear, we are talking about 3 billion US dollars here… in cash. Who just refuses such amount of money that would be enough for the living expenses of thousands of people? Well, Evan does. Actually many entrepreneurs wouldn’t accept even...
Entrepreneurs are people, who have a certain mindset. If you take two random successful entrepreneurs you will be amazed by how much in common they have in their thinking. They would not only be similar regarding the things they do but also there would be many things they never do. Here is an interesting article on the matter that we found on the Internet. Below you can see 7 things any self-respecting successful entrepreneur doesn’t do. If you want to become such, it would not be enough only to do certain things, you should also stop doing some like these:...
Daymond John is an American businessman, best known as the founder and CEO of the fashion company FUBU. He is also a famous entrepreneur, investor, television personality, author, and motivational speaker. You may have watched it on TV, he participates as an investor on Shark Tank – reality television series on ABC. In this show he and four other business executives (the sharks) get ideas from everyday people, choose profitable projects and give money to their entrepreneurs to start them as a business. Today Daymond John has an estimated net worth of around $250 million and he has been a...
