The best entrepreneurs understand that the pitch is a chance to show the customer that they understand the customer’s challenges and have a solution that will impact the customer’s bottom line. Too often, though, the entrepreneur sees the pitch...
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Going into business with a partner has its pros and cons. The one certainty about a business partnership, like any relationship, is that the conflicts are inevitable. And in some cases the conflict may turn into a dispute that threatens the...
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Innovation is highly important in entrepreneurship. In the strongly competitive world that we live in, innovative ideas are what will differentiate you from the rest. And innovation keeps a company relevant over a longer period of time. In order...
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Adapting to changing conditions is an important part of running your life – and your business. It’s a simple truth: Nothing is forever. Times change, and business changes as well. If you want to achieve success as an entrepreneur, you need...
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Stress is considered one of the “diseases” of the 21st century and more than 70% of the population suffers from it. According to Pablo Muñoz, director of Nascia, a company specializing in stress and anxiety control, the rate is...
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There are many types of partnerships that can be applied in the business world. Usually, a partnership is a type of business where two or more people share the profits and losses of the business, according to the terms of a partnership agreement...
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According to Kauffman startup index data, 550,000 entrepreneurs start their own business every month. Unfortunately, 20 percent of these new business fail in their first year of operation and only 50 percent exist into their fifth year. ...
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Startups that can make consistent revenue streams at the lowest costs are in most cases the most successful. It may seem like reducing costs is an extremely arduous task, but the opposite is actually true. Diminishing the costs of operation...
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Success is not defined by what school you went to or how many degrees you have. It is primarily reliant upon your personality, mindset, and outlook on life. When you think of business owners, the type-A person comes to mind. However, it is...
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The innovative spirit is one that is becoming more prevalent throughout the world in the 21st Century. Entrepreneurial minds are forming new businesses and introducing new ideas to the public. It is easy to see how these firms benefit the...
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Financial technology, otherwise known as Fintech, is a new wave of financial services which is disrupting the banking industry. Currently, Fintech is using technology to disturb the incumbent financial system. With the arrival of this new...
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Every startup needs a definitive business plan to more efficiently organize its goals and vision for the future. In most cases this plan is critical in directing a business and attracting investors. A business plan usually includes the...
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