Entries Written By Augustine O. Ojeh
in Business
20 Great Business Ideas for 2021 + Resources to Get Started
Regardless of the rough realities of 2020, many businesses amassed fortunes. With great business ideas for 2021, you can prepare yourself for whatever could happen in this incoming year. This article is a compilation of the 20 great business ideas for 2021, selected with deep consideration of the world’s direction. Currently, it’s easy to say …
in Business
How to Choose the Right Angel Investors to Fund your Startup
Finding angel investors is an excellent option when you cannot secure a small business grant or startup loan like SBA loans. However, you have to pursue the right angel investor to fund your startup business. This requires substantial knowledge of who angel investors are and which to approach and request for funding. Who Angel Investors …
in Business
How to Write a Simple Business Plan: The Complete Guide
Young entrepreneurs find it challenging to develop a business plan. This is because they are still uncertain of how things will pan out in their business. So, they resolve to just winging it and see what happens. However, with a well-written business plan, you stand a greater chance of turning your startup into a successful …
in Business
Why You Need A Co-Founder To Get Ahead In Business
The question of whether you need a co-founder or not is in the mind of almost every startup entrepreneur. There’s little wonder why the thought of a co-founder causes a dilemma. Co-founders may slow down progress. They may be difficult to persuade and transposing your vision on others can be really daunting. With all these …
in Business, Leadership
When Is The Right Time To Hire Your First Employee?
Now that you have started your business, you’re eager to hire your first employee. Don’t be in a hurry with that. Ensure that it is really right to hire your first employee before you jump on it. This article will point out when you should make your first hire. When You’re Losing Customers, Hire. You …
in Business, Leadership
Where to Find a Co-Founder for Your New Business
It is no news that your chance of success as an entrepreneur is greatly increased when you find a co-founder for your new business. The right co-founders complement you. They have strengths that you lack. With your weaknesses covered by their strength, the business moves forward against odds. Nevertheless, a poorly chosen co-founder brings doom …
in Business
How To Find The Right Investors For Your Startup Business
As an entrepreneur, you may fail in business if you can’t find the right investors for your startup business. Finding the right investor can be a bit confusing. You’re giving your business idea to a bunch of persons who are most probably refusing to sign an NDA. However, you still have to do what is …
How To Sell A Product That Customers Will Love
It is one thing to have a product to sell and it is another thing to sell a product that customers will love. Doing the latter requires you to horn certain skills that put you and your product on a platform that the customers crave to be. Because most entrepreneurs do not know how to …
in Marketing
How To Win Customers And Never Lose Them Again
The biggest challenge for startups, and existing businesses, is winning customers and retaining them. Things get ten-fold tougher if they are venturing into a saturated market. Sometimes, pricing strategies are futile when the industry price is so low for new businesses to survive the competition. In this case, knowing how to win customers and never …
Handling Personal Expenses While Running A Startup
As a startup entrepreneur, one of the challenges you might face is separating your business expenses from your personal expenses. This can be crippling some times. However, smartly handling personal expenses while running a startup business is crucial. For most people, they send money into the same account, whether it’s business or personal. Also, both …
How To Smartly Manage Risks In Business
Risk is business and business is risky. Come to think of it, what’s life without risks? Yeah, it makes life exciting, and that’s why investors invest in the first place. Also, that’s why you are in business in the first place. Although the ups and downs of business can annoy anyone, the adrenaline rush that …
in Business, Productivity
How To Spend Money As A Startup Business
Let’s face the reality of things! Overspending kills your startup business like a woodpecker to a tree. Knowing what to spend on while running your startup business can be a determining factor for your success. There are countless guides on the internet on how to spend money as a startup business. Many of these guides …
in Business, Leadership
How To Prevent Losses In Your Business
When building a business from the ground up, you stand a high chance of incurring losses and running into debt. Even seasoned entrepreneurs are actively finding ways to prevent losses in their business. These pros follow sophisticated strategies to reduce their losses and improve profits. However, being a startup entrepreneur, you don’t have to spend …
in Business, Leadership
Avoiding Emotional Decisions in Business
The primary reason why businesses fail is due to poor decision making. Unfortunately, mistakes from emotional decisions in business have caused more failures than those from logical decisions. To thrive in business, one of the major things to tame when making decisions is your emotion. Young entrepreneurs and small business owners are more prone to …
in Marketing
How Much Should You Spend On Marketing Your Business?
Starting a business is one thing, getting it to sell is another. Marketing has been a life-long practice that brings customers to any business. As we know, more customers mean more revenue. However, the concern of many inexperienced entrepreneurs is their marketing budget. Are you spending too much on marketing and crippling your business? Or …