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Before you decide to write your business plan, you must have considered the following questions and points: 1.        Have I identified a problem to solve? 2.        What idea do I have to solve the problem? 3.        Does the problem I am solving align with my passion? 4.        Am I ready to start a business? You…

INVITE PARTNERS INTO YOUR BUSINESS Entrepreneurs are usually overwhelmed with enormous work to carry out at the beginning of their businesses ranging from getting the office to marketing to managing social media pages to hiring to advertisement to business development etc. Hence, they are left with the option of inviting people who share a similar…

SETTING UP YOUR BUSINESS An attempt has been made by a good entrepreneur to think through the idea to see if it is a laudable opportunity that can be launched. But this is not enough. There are still some hurdles to pass before setting up your business. We will try and look at them one…

In the world of entrepreneurship, success is measured by ‘results’ and not ‘efforts’. In order words, success is not measured by the activity you carried out but rather the productivity of such effort. Every entrepreneur should strive to get result by setting things straight in the course of putting effort into developing their businesses. Laziness…

An entrepreneur is a dreamer. Other characteristics are risk taking, decisiveness, Can Do attitude, determination to succeed despite serial failures, dedication, devotion, detail orientation and readiness to earn money. Which of these do you have? Critical factors to consider in the entrepreneurship process Personal factors Entrepreneurs have endowed personality, male or female, from ages as…

An illustration: A man woke up early in the morning without prior discussion with the wife and children to travel where he does not know? He had his bath, dressed up and took his bag. The family and friends bid him farewell after a long-struggling and were very angry when he left because he did…