In understanding business, you must understand that the first laws of economics is scarcity. As a rule, there is never enough of anything for everyone who wants it. Specifically, there are never enough customers for you to sell everything you want to sell. There are never enough sales revenue to help you achieve all your…
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The reason why so many businesses underachieve and fail is that they lack discipline. They lack the discipline to carefully study every aspect of the business before committing to it. They lack the discipline to test their assumptions rather than jumping to conclusions and hoping for the best. When you start a business a new…
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In times of economic uncertainty, it is easy to think that it is ‘impossible’ for anybody to make money. This is complete nonsense and the exact kind of thinking that new entrepreneurs should steer clear of. It is a poverty-based mindset that looks to respond defensively to conditions instead of looking for profit opportunities in…
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Obviously, salaries are bond to stop someday. So, have you ever asked yourself, “What happens when my salary stops coming?” “When your salary comes in time, you eat chicken. As the salary reduces you eat products of chicken (eggs) and subsequently, you begin to eat chicken’s foods like maize and millet. Finally, when salary is…
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The origination of ice cream can be traced back to Rome in the 4th century BCE. The Roman emperor Nero ordered ice to be brought from the mountains and combined with fruit toppings. In the 13th century, Marco Polo learned the Chinese method of creating ice and milk concoctions and brought it back to Europe.…
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In a world driven by innovation, entrepreneurs must have strong vision and enduring inspiration. Businesses create socially valuable products and entrepreneurship is unconditional example of the competitive atmosphere, created by the aim for rewarding work. Finding the muse to do something revolutionary is easier when we look for it in unexpected and unusual places. Life…
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Understanding what, how, and when to start a business of choice is key to key every kind of business you intend to kick start. Marketing niching is of interest not only to small enterprises but also small divisions of larger enterprises. Enterprises identify opportunities and occupy market niches that are safe and profitable. An ideal…
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London Fashion Week – There are some fascinating fashion styles that caught our eyes and we will love to have this memories in a long time. In this picture, you will see how old fashion were made back to life, womens fashion, fashion shoes, fashion designer, because it is all about fashion show.
Before the Second World War, Coca-Cola dominated America soft drink industry. There was really no second place firm worth mentioning. “Pepsi raised hardly a flicker of recognition in coke’s consciousness.” Pepsi-Cola was a newer drink that cost less to manufacture and whose taste thought to be less satisfying than coke. Its major selling point was…
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We asked EO Entrepreneurs‘ Organization members what they’ve learned from being a parent and an entrepreneur, Jessica Honegger the founder and co-CEO of Noonday Collection explained. She revealed how she strives for success in both work and home life. “One thing I’ve learned about entrepreneurship and parenting? It’s that starting a business is basically akin…
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Whether companies decide to downsize, or employees quit their jobs for other reasons, many professionals are opting to work independently. With innovation in technology, starting a company is becoming more doable than ever before, which is evident given the popularity in start-ups. To help guide professionals considering entrepreneurship, Seth Newab and Efstathios Giannoutsos compiled five…
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Before I take you through the 9 proofs that show prayers is not all you need, let’s talk about last year. We ended last year with so many expectations, anticipations and all. You promised yourself to be better in the coming year, and you prayed about your desires continually. You have started the new year…
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Business ideas are easy to come by. Similarly, they wither away so easily. There are healthy tips to help keep your entrepreneurship fire burning. This is not a piece of breaking news, they are things you might have heard but didn’t notice. Let’s take a look at some daily activities you can choose from ……
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There’s a haunting, scary, messy truth about being an entrepreneur. Those who dream about entrepreneurship think about the freedom of being able to chase big dreams, the thrill of building empires and the joy of making a mark on the world by doing something better than any other person in a field has yet done.…
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Spirit of an entrepreneur is one which keeps seeking to learn and contribute substantially every single day. If you are one of those few entrepreneurs, here are 8 quotes that can brush up your thoughts as an enterprise leader. 8 QUOTES TO BRUSH UP YOUR ENTREPRENEURSHIP SPIRIT When you become a leader, you lose the…
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Amid the pandemic, several preventive measures have been generated; a golden nose mask is another. The new and world most expensive nose mask is made of gold and costs $4,000. An Indian businessman, Shankar Kurhade was seen wearing the 60 grams nose mask. Kurhade explained that the idea of a golden nose mask was birthed…
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Young and aspiring entrepreneurs should understand that starting a business is no longer the sole province of business veterans and boomers. Some of the world’s most exciting innovations and successful businesses — especially in the realms of technology and digital media, as well as emerging fields like clean energy — have come from the minds…
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There is a need to know about who an entrepreneur. Entrepreneurship is like a roller coaster ride. The earlier you get familiar with the term entrepreneur, the better you know what it requires. Happiness and madness knock your door at the same time. Every motivational quote you have ever read about struggle, pain, blood, sweat,…
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We are all unique in some special way, but most of us have been taught, pushed and punished into conformity. We are told not to stick our nests out too far and not to make too much noise in case we are noticed. Unfortunately, the knowledge you have and have gained is what distinguishes you…
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We invite you to learn about the Kauai Writers Conference, November 9 to 15, 2020. Set in one of Kauai’s loveliest resorts, it features a faculty of beloved bestselling authors, carefully chosen as brilliant writers who are also gifted teachers, including: Richard Russo Meg Wolitzer Luis Urrea Lauren Groff Christina Baker Kline Charles Johnson Helen…
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Why do we put so much emphasis on the lifestyle associated with being a “boss,” and so little on the tenacity it takes to become one? We see so many glamorized depictions of entrepreneurship on social media, like foreign cars, trips overseas and designer wardrobes, but rarely do we get to see the blood, sweat,…
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Nothing is too much to possess. You can always have all you need if you apply the following: Diligence (a combination of carefulness and long-term effort) Attentiveness (noticing, watching and listening, that’s, observation) Discipline (self-control) Yes, with these you can achieve and acquire all you need (wants). Humans are made (objective) to fulfill certain desires.…
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Your business plan is the step between pitching to and pinning down investors. Entire TV shows have been dedicated to the art of the pitch, but your business plan is the make-or-break that acts as the cherry on top for investors. Not only that, but a solid business plan can hone your idea and start…
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Yong Kim, CEO and Cofounder at Wonolo, shares three things every entrepreneur should consider before starting a business; speaking out of his experience of starting Wonolo. “Starting Wonolo has been the scariest, the hardest, and the craziest thing I have done in my career. However, I cannot imagine doing anything else, and I believe I…
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Who is a Sycophant? The term sycophant has a negative connotation, because the person does not attempt to achieve their goals through hard work or sincerity. How to identify sycophants Someone who tries to get what they want, or earn someone’s respect, by using flattery on those people who would be able to influence their…
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Almost everyone is familiar with the “Big Guys” in Nigeria’s economy, but this is not the purpose of this piece. I will be sharing with you “Entrepreneurial Principles from Nigeria’s Top C.E.Os” words of entrepreneurs who have through the thick and tough manage their way to the top. This is the secret steps that leads…
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Scientists have discovered a gap in the protective ozone layer around the earth. But first, let’s talk about air pollution: Air pollution is mostly caused by human activities. Exhaust fumes from motor vehicles are one of the main pollutants. They contain greenhouse gases which are thought to contribute to global warming. They also contain substances…
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“To be opened, what is your interpretation of job? What comes to your mind when you hear the word – job? What do you think about it when you are soul searching? What is the reflection you normally get about it?” I know by seeing the caption, you will pause for some seconds and ask…
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It takes more than one person to make a company successful–great businesses thrive because of outstanding teamwork. It might be easy to bring a group of people together, but creating a cooperative and cohesive team of people, one that’s working for a common goal, isn’t so simple. It takes good leadership to help them be excited and effective. Like…
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People tend to romanticize the life of an entrepreneur. We are keen on this idea of becoming our own boss with the ability to set our own schedule and to pursue our own unique dreams. But before you quit your day job to start your own business, do you really have what it takes? Here…
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