Hello, The common characteristics of successful startups cannot certainly be ignored, and today we focus on these. Welcome back – and we extend our apologies for the break in our blogging, due to circumstances beyond control. I guess you have heard about startup failures endless times. Not so? When you read about startup failure rate of about 90% then you should pick interest.   Is this fact something to ignore? I don’t think so. While we talk about the failures – we should also focus on the successes and find out what make some startups succeed. Therefore, today we would like to briefly ..read more

MBA Graduates Hi Another week has gone by and today we want to try and evaluate the value of an MBA in business success. There have been quite some arguments recently on the relevance of an MBA, and I thought I should share my viewpoints in this blog. I will attempt to do this with the focus on the reasons why in my opinion an MBA is not necessary for one to be successful in business. I’m not downgrading an MBA or the various universities and other institutions globally – including the professors – that deliver MBAs. By the way, I know that some folks would simply call these arguments against ..read more

Welcome back – and let’s get going right on! Our article of today focusses on the critical issues that you need to transform a business idea into a business opportunity, and eventually to a successful enterprise. Start-up statistics show that up to 90% of businesses fail, with the top reason for failure being no market need and this accounts for 42%. This is closely followed by cash or financing challenges at 29%. Startup failure statistics Source: https://findstack.com/startup-statistics/ Now, these statistics are honestly worrying. Don’t you agree with me? We can only imagine the financial a ..read more

Hello! Do you know that many potential entrepreneurs and people out there really struggle with identifying good business ideas? Even more to that – do you know that business ideas are not necessarily business opportunities? The business idea vs business opportunity topic could be for another day, since I don’t desire to attract an argument right at the beginning of this blog. Principally, in this blog I want to remove the stress, uncertainty and frustration that you might face when trying to identify valuable business ideas, before you start considering whether these ideas could be translated ..read more

Entrepreneurship Lessons Hello – apologies for the late post for this week – but let’s consider the below today. By the way, does the word ‘strange’ sound strange to you when it comes to entrepreneurship and entrepreneurs? Well, the entrepreneurship world is filled with various things that appear very strange or queer for that matter. These are issues and also viewpoints that are rather bizarre or unusual – I mean weird and untypical. There is even a wacky story about Seth Priebatsch, the guy who founded and transformed SCVNGR into a mobile payment platform called TheLevelUp. The ‘Chief Ninja ..read more

How do entrepreneurs define success – Photo by Firmbee on Unsplash Hello there! Let me start our blog of today with the below piece I got at https://upjoke.com. The keys to success in life: Don’t tell everything to everybody. If you are expecting any more, please refer to 1. Again, quoting an unknown author; ‘Whenever I find the key to success, someone changes the lock’. I guess there are two points we see regarding success, from the above. Many people tend to be secretive about what gives them success. Additionally, success is transient – as goals and ambitions differ. So is the definitio ..read more

Dark secrets of entrepreneurship Photo by Walther Luecker on Unsplash By the way, one of the categories of homo sapiens that are always looked at with quite some suspicion are entrepreneurs! One of the reasons for this suspicion is the notion that entrepreneurs have quite some secrets. Some people think entrepreneurs are superhumans. Some parents have even discouraged their children from being close to the ‘rich and manipulative’ individuals. Do all entrepreneurs have and know these perceived secrets? Some may not – but I guess many people will still insist that they don’t quite understand e ..read more

Photo by Slidebean on Unsplash I believe that you sometimes think a lot about life generally – but have you ever considered how being an entrepreneur can change your life? Do you even sit back and consider the impact entrepreneurship generally has on the world? By the way, the world has approximately 582 million entrepreneurs, out of about eight billion people. This is about 7% of the global population. However, the impact of this is massive. Even if you are purely a consumer, how is this 7% of people affecting you? Of course, there are lots of good things you enjoy from entrepreneurs. Assume ..read more

Photo by Natasha Hall on Unsplash Here we are again! I guess you could be one of those people that are curious about successful entrepreneurs. Aren’t you? Even if you try to ignore the aura of success around them, you may still secretly admire them I know. Of course, the next big thing is to know what it is that makes these folks damn successful. So, don’t you think that learning from successful entrepreneurs could give you an edge? Don’t you agree that this could take away the stress of you taking decades to grasp entrepreneurial basics towards your success? I recently recommended reading bo ..read more

Photo by Austin Distel on Unsplash Hello there! Have you ever considered some of the valuable and very essential things you need to be successful in your entrepreneurship endeavors? Quoting Winston Churchill, ‘Success is walking from failure to failure with no loss of enthusiasm.’ While all entrepreneurs desire success, oftentimes this does not come easy. There are hills and valleys along the way. Many go through multiple failures before eventually becoming successful, though a few could be lucky enough to succeed with little effort. In all these, early preparation matters and is strongly adv ..read more