Starting a business is tough work.There are countless obstacles that stand in the way of enabling aspiring entrepreneurs to fulfil his/her entrepreneurial dream .Some deadly characteristics that one needs to avoid 1)Laziness: There is absolutely no room for laziness in […]
Importance of strategies – Why we need to master the art of strategizing
We are all aware that the right strategy ensures a successful outcome and that a wrong or outdated strategy wastes valuable resources and needlessly delays results. The trick is to develop a perfect strategy .It is the right strategy that […]
Why people take to starting a business
The number of people starting their business has increased significantly in the last few years. The most common reason for starting a business is identification of a business opportunity. There are also a range of other factors which may encourage […]
Ideating—the first step in becoming an entrepreneur
If one is seriously wanting to be an entrepreneur, what one needs to do is instead of thinking of random ideas, the focus should be on solving problems consumers are having that current companies cannot or wont address. The financial […]
Entrepreneurs and Emotional Intelligence
Business is built on relationship and to succeed, entrepreneurs must also hone their emotional intelligence or ‘EQ”. EQ is the ability to identify and manage one’s own emotion .This enhances their problem solving abilities and is the strongest predictor of […]
Key to identifying business opportunities
A key question that all would-be entrepreneurs face is finding the business opportunity that is right for them. Should the new startup focus on introducing a new product or service based on an unmet need? Should the venture select an […]