Published: October 11, 2017, 8:16 am
Photo by geralt, CC0 1.0
Steve Wozniak’s Words of Wisdom for New Age Entrepreneurs
When you think about the famous company Apple, you probably also think about Steve Jobs. We know Jobs as the founder of Apple and its ubiquitous iPhone, but there was someone else behind the development of this powerful company as well. And that person was Steve Wozniak, Apple’s co-founder. I’m here to tell you that you should learn more about this guy, because he’s super intelligent and influential in both the business and the technology worlds. Keep reading for some of his (Read more...
Published: September 12, 2017, 11:46 pm
Image source: https://www.pexels.com/
7 Success Tips for Student Entrepreneurs
The world needs entrepreneurs, and student entrepreneurs offer the best of the best. They generate employment, enhance the standard of life, offer new technologies to society and maintain competition in the market. However, launching a business is no joke, especially while you’re still in school. Keep reading to find out 7 indispensable tips that can maximize your chances of success while you’re still a student and after you graduate.
1. Not a good, but a great idea
You may think that your not-yet-launched product or service (Read more...
Published: September 5, 2017, 12:04 am
Image via Flickr by dt10111
Startup Costs: Watch the Bottom Line to Keep Them Under Control
The startup days are an exciting time for a new business, but startup costs can bring danger. Many companies have fallen by the wayside because those in charge were not financially disciplined enough to shepherd the business through the early times. Here are some important tips to trim the startup costs that can drag your business down.
Know Your Size
As a founder, there is one question you should be asking yourself at every stage of your startup’s development: “Just how big (Read more...
Published: August 31, 2017, 11:57 am
5 Profitable Business Ideas for 2017
In 2017, cash is king. Therefore, if you are an aspiring entrepreneur looking to start a profitable business, a cash-business model is a great place to start. Cash businesses generate the majority of their income through cash-related transactions. This model allows you to keep your cash flow position secure and monitor the growth of the firm as it expands.
Here are the most profitable cash business models available this year. Check them out. Then start building your first profitable business.
#1 Food Truck
This mobile business model allows you to maneuver in your (Read more...
Published: August 25, 2017, 12:16 am
3 Reasons for New Entrepreneurs to Consider Having a Mentor
When you decide to become an entrepreneur and run your own business for a living, probably one of the furthest things from your mind is a having a mentor. Understandably, you’re excited about starting your new journey, getting to take charge, going out there and doing something on your own. However, while you may have a great idea, there’s a lot of risk involved with trying to build a brand and company if you have little past experience.
Many experienced entrepreneurs will tell you that they learned from trial (Read more...
Published: January 26, 2017, 2:45 am
3 Reasons Why A Business Loan Is Good For Your Start-Up
If you are only getting started in business, financing could be your biggest dilemma. Even if you have the best business idea that you are certain will turn into cash, without capital it can be impossible to get it started. Of course, you have probably read somewhere that something like 90% start-ups fail, but don’t let that deter you. Most times a business will fail from lack of capital so get a handle on that and be a member of the 10% that succeed club.
Equity or Debt?
The (Read more...
Published: January 26, 2017, 2:28 am
How to Become a Successful Solopreneur
Perhaps the most sought after kind of freedom is business autonomy. More and more people are risking everything to go “solo.” I mean, who wouldn’t want to be their own boss? You set your own hours, enjoy all the profits, and most of all, there is no boss breathing down your neck all day. But of course, this is no mean feat. As a lone wolf, you lack the support and amity that comes along with being part of a team. Being short of an extra pair of hands to share the (Read more...
Published: October 16, 2016, 6:00 pm
Most startups fail within the first year struggling to find early traction. Getting your first customers is always challenging and also a significant milestone for any startup. No matter how great your business idea is, if you don’t have customers to validate it, you don’t have a sustainable business.
The importance of early adopters
Early adopters are a unique kind of customers, and they are invaluable to a startup. They understand that there will be errors in the first versions of your product, they don’t need testimonials, and they’ll offer valuable feedback so you can build the tool in (Read more...
Published: February 24, 2016, 11:00 pm
Start-up success is often described as some elusive feat that only a lucky few are able to achieve. In reality, start-up success (or failure) is usually a lot more predictable than you expect.
You’ve probably heard the statistic that 90 percent of start-ups fail, and that’s true.
What you may not have heard is that start-up failure usually boils down to a few common mistakes and mis-steps. Better yet, those mistakes can often be avoided.
If you’re ready to up the ante and accelerate your start-up, or if you’re considering launching a startup, consider these top five mistakes so (Read more...