Category: Entrepreneur School
Although I think that having a business plan is not the most important thing for a startup, I consider that it’s a really good idea to have one. When you sit down and start writing one, you will be amazed about how many things are not really clear regarding your business. This would be a good way to address these issues and make some optimizations. Also, it would be almost impossible to get start-up financing or a business loan without such a document. How to begin with your business plan Writing a great business plan, therefore, is a critical step...
Having a nice business plan is crucial to your business’ success. There is a popular saying ‘If you don’t plan, you plan to fail.’ Not only a business plan will help you understand your business, but it can help you find some mistakes you’ve made and made improvements in your operations. Also, there is no bank or a financial institution that will finance your venture without this plan. Writing in details about your business also will help you make the things clearer for you, revealing issues you haven’t thought about. Here is a simple tutorial about how to write such...
Rich and successful also cry. Failure is not a rare event even among the greatest entrepreneurs and inventors. What they do differently is that they just try again, without losing motivation. “Never never never give up” Winston Churchill once said in a very famous speech. Persistence is the quality that can make miracles with anyone. Most people simply find it easier to give up something, instead of giving it another shot. But why is this? There might be so many answers to this question. According to me, some of the main reasons are not that many. Many people, for example,...
Starting a small business is a nice path to freedom, satisfaction, financial independence, and happiness. So, we will do our best to provide you with some nice information on this topic. We believe that by doing this, we can make the world a better place for everyone. Also, this is a nice way for us to learn more about doing business and improve our knowledge. Starting Your Own Business Starting a venture is not the easiest task in the world, but it is not hard, too. You should prepare for a lot of work, sometimes without seeing any quick results,...
Making a good business plan is essential for having a successful business, especially when you are starting up. You just need one, even the though it’s not the perfect or the most professional one. It’s the resume of your business, it describes how exactly your company makes money, which is crucial information for all of your potential investors and partners. Putting everything about your business model on a paper is something that not only will help you follow it, but also it’s a must if you want to find financing for your idea. Nobody invests in a company without a...
How some of the brightest business ideas were born? How have some entrepreneurs invented things that have changed our lives forever? Well, actually the answers to these questions are quite simple. You will be even amazed by how simple they are… It’s actually one simple thing all successful entrepreneurs did well to get to where they are. Have you already guessed what it is? It’s finding a solution to a problem and building a business around it. That’s all, as simple as that. Most of the great ideas of our time were born because they solve a very common problem...
According to an interview realized by none other than Michael Jeffreys, there are 8 things one should know and must do in order to have a successful business. He has done a research amongst some of the most prosperous people in the world and synthesized the 8 most important factors for success, common for all of them. I don’t remember word for word these factors, but I am pretty sure I got the idea, so here they are for you. This is one really great and motivating article, so take the time to read it, you won’t regret it! How...
If you are looking for expert advice from real entrepreneurs, then you have come to the right place. Given below is some thought-provoking advice from real-world entrepreneurs, whose net worth not only runs in billions but who have also made their mark in the world by building their gigantic empire. Take a note of their valuable advice and implement them in your own business, to carve a successful niche in the market. Watch the video below. • According to billionaire Sheldon Adelson, there are a number of things in life that other individuals do not do. For that, you only...
8 Things About How to Start a Small Business Successfully… Plan your business professionally When starting anew, you need to think over some crucial things. Even if one of them is the financial side of things, that is not the only item you can have well thought of beforehand by doing a good business plan. Even if you don’t need external funding in the very beginning, it is important to have such things mapped out in case you need it. The marketing plan is one of the important elements, too, but the most important thing is to know exactly how...
There are many cool business sites, where you can read some really cool business advice. You can be drawn into an ocean of recommendations, how-to articles, and how-to-be successful posts. But things in many cases are more simple than it seems. This is how things are in business, too. To be successful, you need to start with the simple things. And what would be so simple and so important about your success? This would be to take action. This is also one of the things you can do nothing without. Without taking action, you become a victim of circumstances. If...
