Category: Entrepreneur School
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...
Being an entrepreneur is a mindset. To become one of them, you need just one thing – to think like an entrepreneur. But this is not that easy, and if you want to achieve it, you first need a plan and then be consistent. You have to start thinking differently than most people. You should not avoid problems, you should face them; you should not listen to people who will say that you will fail, you need to believe in your success. You will have to take risks, instead of avoiding such… These and many other states of mind are...
Do you hate changes in your life? Do you like taking all the credit for your successful activities without sharing it with the people who helped you? Does the success of others cause envy in you? Do you watch TV every day? These are some very ordinary questions but at the same time, they can suggest if you are successful or not. If the answer to most of these questions is yes for you, you are probably not much unsuccessful in life… Otherwise, you might be a successful person. Do you think that this is true? I do because success...
There are many e-books and other online tutorials, that can show you how to start a small business or begin earning online… No matter what you plan to do, there is one thing, just one thing that is the most important for your success… And what is it? Money? No… Knowledge and experience? Maybe, but not exactly… Money and experience are important, but they are secondary. OK, let’s go straight to the thing. Believe it or not, it is so simple, that anyone can do it, but not everyone does it and this is one of the main reasons for...
Have you ever had the thought ‘It’s too late for me to start a business’ running through your mind? You might have even believed in it, but here are 12 good examples of why you shouldn’t have. The guys and gals from fundersandfounders.com have made this cool infographic, on which you can see 12 super successful entrepreneurs, who were ‘ordinary people’ working ordinary 9-5 jobs like most people. And they had been doing this till their early 30. Did you know that Harrison Ford was a carpenter until he turned 30? Joanne Rowling, the author of Harry Potter lived on...
What do you think about struggle? Do you like it or would you better avoid it? How do you meet struggle – as a challenge or as an obstacle? How much struggle can you take when you have to? You probably have thought like this but have you realized something really important, something global? No matter what you do, no matter who you are, and no matter where you live you need to struggle not only to get what you want but also to live. Because life is equal to struggle, this was how mother nature created it. It has...
Crowdsourcing is an interesting and relatively new term, though the history of the word is extremely old. “What is crowdsourcing?” is a common question for an interesting topic. This article discusses the answer to this question as well as provides examples that will help in understanding this strange word. Maybe, with this knowledge, you will even find yourself participating in a crowdsourcing project yourself. Once you know the criteria, you will better understand how plausible this scenario is. So, What is Crowdsourcing …? Crowdsourcing, a term first coined by Jeff Howe in 2006, is a tool used by organizations and...
