Are you a pioneer who’s willing to take business risks? An innovator who develops ideas until they come into fruition? A leader who is skilled in organizing and managing a business venture in a constantly evolving global marketplace? If you answered yes to all three questions, then you have what it takes to be a successful entrepreneur! Whether
Selling products into retail industry is tough. Competing head to head with the big brands is almost impossible. They have established partnerships in distribution and access to seemingly unlimited marketing budgets. In fact, ten companies control the majority of consumer brands on the shelf at your local retailer. Fortunately, for consumer product entrepreneurs, these large companies are more likely to
How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Too many founders have learned that passion and free beta products do not imply a sustainable business.
With the vast opportunities of technology offers comes the rise and growth of startup companies. Startups are breaking through the traditional way we do business. They are very effective in the management and financial wise. Even large companies are adapting their business ethics. Makes you want to ask how do startups operate and why multinationals want to mirror them. So
The finance department, whether or not we admit it is the most crucial part of a business. The financial health of a business is based by its profit and loss statement, cash flow statement, and balance sheet. If you are not that educated with these two then here are some information on basic tax and accounting for entrepreneurs. The
Toxic people are poison to our brain. They create unnecessary strife and stress. They even defy logic and practicality. Either it is intentional or not, they really are the last thing you want to encounter during the day. If you ever get to encounter some of them during the day, you’ll find yourself tired at the end of the day.
When you start a business things get too difficult. Startup businesses had a ton of things in mind like putting the pieces together, doing lots of processes and selling or pitching their products. Well, why fuss yourself when you can just outsource some of those responsibilities? Outsourcing is not new in the Philippines since BPO companies of any kind
Establishing a brand is an easy one but to make our brand stand out is the challenge. Not unless you’re a famous celebrity like Beyoncé but you’re not and so does your business. This has been a constant challenge to any business owner whether you are still starting or you’re already established. Here are some strategies on how to make
Phases and transitions are natural and challenging. Yes, starting a business is a challenge but that doesn’t mean that you are not qualified to become one of the most successful entrepreneurs. Yes, you have what it takes. You already have the idea, the right amount of creativity and capita. There is no such thing as overnight success. The
Managing a team is a tough nut to crack. We meet people with personalities that are so different from ours. The old adage that says “opposites do attract” is no longer applicable in business. The truth is that we are all drawn closer to the people who has the same qualities that we have and we detest those who aren’t.