Starting a small business, whether on the side or as a full-time engagement can give you better control of your income. If the last couple of years have taught us anything, it’s that job security is, in many cases, just an illusion. In any case, as an employee, you are already selling your time and expertise to a single client – your employer. Why not expand your reach, diversify your clients base and reduce the risk of redundancy by starting a small business? If you’ve never launched a business before, taking the leap will almost certainly be a daunting thought. However, you can reduce the ri ..read more

Over the past few years, Malta has ramped up its strategies for developing a healthy digital ecosystem and creating a culture of innovation. Today, it has successfully positioned itself as the Tech Hub of the Mediterranean. This has made it more attractive for innovators, start-ups, and investors alike. It has also created an increase in the demand for specialized skills, drawing in more IT freelancers into the country. But aside from the vast opportunities for career growth, there are more reasons why freelancers are moving to Malta.   1. General lifestyle Life in Malta is pretty laid ba ..read more

Having multiple loans or debts is not a problem until you start missing your payments. This would affect your credibility and make it difficult for you to get other loans. However, challenges in paying off the debt aren’t the only reasons you may consider debt consolidation. Debt consolidation can potentially help you in many other ways. First of all, it can help you maintain regular payments for your loans and debts. It also lets you reduce the interest that you pay for your existing loans. Thus, reducing the overall payments that you make.   How does debt consolidation work? In simple w ..read more

Backing up data on other devices always gives you peace of mind. Whether you are using an iPad or iPhone, be sure to have a good backup plan for data security and storage. Apple introduced various backup solutions such as Mac internal storage, inbuilt Time Machine, iCloud and iTunes, etc. You can use any or all of these backup plans to get the most beneficial data security. Read out the full to know how to save your iPhone and iPad data.   1. How to use iCloud for data backup? Data backup and storage with iCloud is a perfect way to access your data from anywhere in the world. You simply n ..read more

A common misconception is that entrepreneurs are born, not made. Many believe that the courage to set off on your own venture and having the resilience and perseverance needed to carry on even in challenging times is something found within an individual and cannot be created or learnt. As all sensible entrepreneurs will attest, this thought process is wrong. Running a business is a process which anyone can learn, just like learning to treat illnesses, learning to raise children, or yes, even learning to fly.   Master the basics An individual wishing to take to the skies must first learn t ..read more

A look down on history shows us that crises are opportune times for new ideas, innovations and systems. Some of the most famous companies today were launched right after the 2008 economic crisis. Some notable examples are WhatsApp, Uber, Groupon, Slack, AirBnb and Groupon. The economic crisis caused by the coronavirus pandemic may seem challenging and terrifying, but the current environment can also be an ambitious time for entrepreneurs to launch their dream startup. Presenting an idea and raising capital for your startup might be more difficult than before, but understanding the market and c ..read more

During the second half of 2020, The Fun Entrepreneur has partnered with SiteGround to provide our readers with a superior website hosting package. We decided to do this, and to write an article about it since we believe that the reasons behind our decision may be beneficial to you. As you know, this site provides free and useful information for starting and running a business. We do not charge readers any subscription fees, and so we rely on sponsors and ads to keep us going.   SiteGround’s customer service Over the years our team has used several hosting providers, including some truly p ..read more

Regardless of the impact of automation on jobs in the future, it is instructive to examine the effect it is currently having during the COVID-19 pandemic. In today’s uncertain economic environment. Some people argue that companies will accelerate the implementation of automation to meet the challenges of the pandemic. As the pandemic continues, the age-old debate about whether automation creates or kills jobs takes a new turn. The nature of automation is changing rapidly and job destruction is not necessarily guaranteed. If we look at examples from the past, such as the Industrial Revolution ..read more

And just like that, the world changed overnight! With its unexpected twists and turns, 2020 has been a year that has shaken many people to their very core. As human beings, we crave certainty and safety. The ability and desire to survive is coded into the very depths of our DNA. Our fight or flight response is triggered on a continual basis.   Your business environment As if navigating the stormy seas of our own personal emotions hasn’t been difficult enough, it’s not just our own safety and survival that we have to think about. It’s that of our business partners, our employees, and our c ..read more

At some point in the life of your business, you will likely need to get external funding. Depending on the size and scope of your enterprise, you might apply for a bank loan, seek grant opportunities or borrow from friends and family. In certain situations, you can even consider crowdfunding your idea, although many entrepreneurs underestimate the effort involved. One more fund option is to seek equity investment. If you live in Malta, the notion of equity investment is probably new to you. Our readers in the rest of Europe and the US are probably more familiar. Although the country is lagging ..read more