Starting your own business can seem like an exciting prospect, particularly if you are currently either unemployed or in a job that you don’t like. However before you jump into devoting all of your time ...
Your first tip that is important if you are a consultant is perhaps the most important one. The rest follow from it. Bear that in mind and you should be a top business consultant before you know it.
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Be ...
... into the ways that your business should move forward. You can also get feedback and suggestions through social media instantly, so there is no waiting around for traditional results before you are able ...
... want to be one step ahead to be successful, but before you make declarations such as beating all quotes, free next day deliveries, 10% off discounts and so on, check that you can afford to adhere to your ...
... an entrepreneur and you also need to keep some principles in mind before you go ahead and take the plunge. Here, we look at three things you must ask yourself before you commit to becoming an entrepreneur. ...
... because someone has already patented a little piece of what your business is built on, would you?
Before you decide to go the open source way, here are a couple of things about IPR that you should know: ...
... with a low burn rate and minimal dependencies. A formal plan will only add value after they finalize a model, build a team, and are ready to scale.
2You’ve built a successful startup before, and plan ...
... down the road.
2. Show traction!
Many investment pitches to Chinese investors fail because the project in question is too early-stage. As I mentioned before, Chinese investors are conservative and ...
Every entrepreneur and business leader waits too long before really working on the legacy that he wants to leave to society and his family. They realize too late that they don’t really want to be remembered ...
... and production facilities before any money is paid up front on a contract.
7Never grow too quickly for your finances and staffing. Growing quickly, without a plan on how to implement that growth can ...
... To help you avoid common pitfalls when you’re searching for these personnel, here’s a brief guide to hiring the right execs for your firm.
Get a clear picture of the candidates you want to attract
Before ...
In the first article in this short series we looked at ways in which you could build up business for your start-up before you even open the doors. Getting this part of your preparation right means that ...
... customers then there is literally no reason to be in business. What many people don’t realise is that you can create customers for your business before you actually go into business. Having customers ...
... is distilled to a simplified headline. Currently, myths such as these encourage founders to attempt growth before their business is ready, leading as many as 74% of high growth internet startups to fail ...
... into consideration before a business goes ahead.
So, how do you know if your business is worth your time, effort and money? Before going ahead, take some time to do the relevant market research so ...
... managing your whole business”
Cashflow needs to be there before a business has even the faintest whiff of profit, because cashflow keeps the doors of the start up open. The term itself defines the ...
... your business that needs to be covered before you start making a profit. Apart from the production cost, other expenses are taxes, indirect labor, insurances, subscription, rent, advertisement, supplies ...
... in front of an investor before they can put in the kind of money one needs to start a business.
An Affordable Way to Get Professional Service
However, a business needs a certain sort of initial capital ...
... Yet, Sun Tsu’s rules have held fast for over 2,350 years and I have found them to be true throughout my short lifetime.
“The general who wins a battle makes many calculations before the battle is ...
... before Facebook became cashflow positive. MySpace and several others, who arguably pioneered the disruptive social media technology, never really survived to enjoy it.
Too many of the startups I know ...
...
Threat - Before an app idea is accepted by anyone it must be creative and innovative, with a list of reasons why a customer should want to use it. If it is accepted, you are likely to have to pay someone ...
Developing a business strategy before internet became popular was a cakewalk for most businesses. Even with the emergence of internet, being extremely specific about your marketing strategy wasn't regarded ...
... and set up your business, it's quite difficult to move immediately to another location if you think it's not working.
There are certain questions you need to answer yourself before choosing a location: ...
... to end up in a scenario where you have more than one boss. To begin with, your employees are going to be your bosses. If you don’t develop a good rapport with them, a start-up can go into ashes before ...
... hold.
Dear stress, let’s break up
You’ve heard it before: stress can kill. The fight or flight reaction, over a continuous amount of time, can result in headaches, high blood pressure, heart problems, ...
... once you start iterating on your product: which features do they like best; would a specific application that they didn't think of before actually improve the attractiveness of your product. Does your ...
... time and place to make speedy and informed decisions. It’s a force multiplier by allowing your business to react and jump into something important before everyone else does.
7. Do predictive hot-spotting ...