... within first year wherein the surviving start-ups after 3-5 years is just 10%, even in a country like Singapore, known for its pro-business stance that gave them the ‘No.1 spot’ for best countries to start ...
The first thing you need to think about when you’re trying to start your own business is to have a good idea that you can make into a commercial prospect. What this means is that you have to think about ...
... to identify any suppliers you need and, most importantly, how your business is going to become successful and make profits. So perhaps the first thing you have to identify is whether or not you have the ...
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.
1
Be ...
... Take the following steps to ensure that you get on top of the issue, and are able to offer more support to businesses, and therefore increase your value.
First of all try and focus on the bigger ...
... and overall management. It is a fact that the majority of new business will never see it through the first couple of years; this is in the majority down to the five problems that paralyze business start-ups... ...
...
“Many entrepreneurs do not realize that many of the problems their businesses face today began yesterday, long before there was a business.”- Robert Kiyosaki
Your first big challenge is going ...
... naming strategy for some companies is to go by the geography route -using an area or a city in the name. Firstly, why would any customer buy from you accept that you are from their neighborhood and secondly ...
... your weaknesses lie, it will save you from falling over your first few hurdles. In a similar way, you should always build on your strengths.
2Be original - If you have an original idea, you could already ...
... that cool name your startup happens to have today, how many shots at checkdomain.com did it take you to get a free one? Weren’t the first 10 really cool ideas you had already taken?
This is just the ...
...
6. Collaborate to innovate (connection). To create a culture of innovation, leaders must first create a culture of collaboration. That means engaging and inspiring the creative talents of others, respecting ...
Being a business consultant can be challenging, you need all the tools you can get your hands on. In this article we look at ten of the best tools around.
Your first real step along the right track ...
... the first time. Paraphrasing Thomas Edison in finding the right filament for the light bulb, now you know a thousand things that don’t work.
Thus, the best way to stop mourning a failed business is ...
... name choosing, website design and so on, yet without a genuine understanding of the accounts, your business will simply not survive.
Get it right the first time
The world is awash with former ...
... they have met you first, or have a glowing recommendation from another investor or acquaintance.
6You need an investor, and want to solicit professionals online. Major platforms are available online ...
Helping start-ups is one of the great joys in a business consultant’s life. In this article we will look at 7 reasons why helping start-ups makes a lot of sense.
1. Firstly, they can help you ...
... to establish a presence there in the first place, because it’s a huge market. But what Chinese investors are interested in above all else is a company with some sort of a stake in China.
Are you going ...
... find out what the concerns are for that particular business and then find a way to help them. So the first job is to essentially take an audit of the company and see which aspects of their processes need ...
Starting a business can be a challenging, yet amazing experience. It’s a shocking statistic that 80% of new businesses will fail within their first twelve months, so the level of risk people take when ...
... be answered, with the potential of improving our relationships and benefiting from the collective wisdom.
7From listening to hearing. Listening skills are important, to focus first on noticing what ...
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 ...
... so many businesses fail at the first hurdle.
The richest people in the world look for and build networks. Everyone else looks for work.
You need to get your head straight around the issues ...
... consulting is packed, and if you are to differentiate yourself from the rest, you need to offer something pretty special.
Your first and most important characteristic to develop is expertise. Start-ups ...
... help you deal with the problem. It can be a vicious cycle that only ends when you’re left with a dead business.
Find out why your invoice hasn’t been paid first before you go in with all guns blazing. ...
... your business will succeed, how to start up your first marketing strategy, how to deal with your money such that you do not go under a loss, how to manage your operations, which location to choose, how ...
... all know that you can do everything right and still come up short, as this is the nature of both business and war, but you must still do everything right if you intend to win. The first step is without ...
... technology was first introduced by Clayton M. Christensen in “The Innovator’s Dilemma” way back in 1995. Such technologies, like the digital camera and mobile phones, introduce such novel concepts that ...
You have made the big decision to start your own business. This may be your first venture and your first experience of being your own boss or you may have previous experience of running your own business. ...
... is to succeed. We will look at a few of these in this article.
The first tool is called Porter’s Five Forces. Developed by a Harvard Business School professor, the five forces are five aspects ...
Naming your business can be quite a stressful process for you especially if you are starting a business for the first time. You know that your business name should be something that will last, and if ...
... in keeping a mature company young and competitive, as well as keeping experienced employees more productive.
She outlines four distinct ways that business people doing something for the first time, ...
If you’re working toward your Master’s Degree in Communications, then you understand the incredible value of a well thought-out creative pitch. This “shootout” is your first (and often only) chance to ...
... economic environment in which the individuals are active.
"The first step to becoming an entrepreneur is having the will and the desire to do it."
Some researchers, examined entrepreneurial intentions ...
... downsides to starting a manufacturing business. It takes a long-term commitment to make something of it. You may not see much of a profit for the first 6-12 months so be prepared to budget accordingly. ...
... quickly - especially if a job you dislike is the reason you want to be your own boss in the first place.
Overworking, low job satisfaction and negative work relationships can slowly diminish our mental ...
... is difficult for first-timers. A large distributor, despite their high commission structure may not distribute your product simply because 'he can't see' a potential for it. The situation will end up in ...
... be well worth it.
I do believe that every aspiring entrepreneur needs to look inward first, to understand their own drivers. So don’t be afraid to take a hard look in the mirror. Old habits die hard, ...
... norms as defining variables of perceived desirability and self-efficacy and collective efficacy as defining variables of perceived feasibility. It must be noted that this model is one of the first that ...
I started my first of seven companies about 100 days after my 22nd birthday, and if there’s one thing I wish I knew back then, it’s what’s totally clear to me 40 years and more than 40 “venture adventures” ...
Whether you are just starting a new business or you are looking to expand, taking on new staff can be a pretty daunting task, especially if it is your first time doing so. Not only are there costs involved, ...
... “Would you also like to taste?” stage. If the first 5 stages are well-performed enough, it will not be very difficult to find a “Wall Street Style” companion to share your Michelin cuisine.
7. Celebration ...
Frequently Asked Questions
iGoStartup Packs
How does iGoStartup work?
iGoStartup is the first completely-online, fully-automated and affordable startup solution for your business. It ...
... you are looking at the expense, the first thing you need to list down, are the automatic payments that go as compulsory expenditures every month. This includes your labor wages, rent, insurance premium, ...
... tasks first in an attempt to get them out of the way, you might actually find it more useful to tackle the tougher tasks as a priority. Handling the more difficult issues first will enable you to channel ...
... want to stay home.
2. How can you get exposure?
Finding talent and financing isn’t the only hurdle to overcome on the road to startup success. It’s just the first of many. Exposure is another key ingredient. ...
... factors in such a scenario is the ‘time to market’, but there’s a catch! Getting it out there first is important, but getting it right when you do matters much more.
When trying to take their products ...
... the possibility to get the best deal.
Now let’s get into the store and think, what we can do to activate our shopper there. First of all, remember about the best location for the shelves with your product ...
There are some business ideas that are huge successes from the very start and some that fail at the first hurdle. So, how can you tell if the idea you have will work?
Firstly, you need to do extensive ...
... person, your first task as an entrepreneur should be to find a co-founder who can deliver. Finding a co-founder is rarely a bad thing, since two heads are always better than one in meeting all the startup ...
... entrepreneur to launch their first business.
“Many great ideas go unexecuted, and many great executioners are without ideas. One without the other is worthless.” - Tim Blixseth
Experimenting ...