Category Archive For "Leadership"
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
How to Choose the Right Team for Your Business
Choosing the right team for your business is an important factor for success. So, how can you pick the right team? Who should be a part of your business team? Here are a few tips on picking the right members of your team. An Effective Communicator Having an effective communicator as a part of your …
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, Leadership
The Different Types Of Entrepreneurs
Types of entrepreneurs explain the various types of entrepreneurs we have in today’s contemporary space. There are several types of entrepreneurs operating in different industries today. Knowing the kind of entrepreneur you are will help you make the most of your business or business idea. So, if you have ever wondered the type of entrepreneur …
7 Qualities To Look Out For When Selecting A Business Partner
Qualities to look out for when selecting a business partner will help you make the right choice when choosing a partner for your startup. Sometimes the difference between a successful venture and failed one is the type of partners you have. I have started ventured that would have done better if I only knew what …
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
5 Keys To Business Sustainability
Business sustainability in the cooperate environment is defined in several ways. Want to know what Blackberry, Blockbuster, Kodak, Yahoo, MySpace, and many other failed businesses have in common? They failed business sustainability practices. In times past, business sustainability only revolved around, keeping a steady cash flow. While it still matters today, the topic of sustainability …
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 Business, Leadership
How To Find A Good Business Mentor For Yourself
Successful entrepreneurs have always had mentors. Bill Campbell was Steve Jobs’ mentor; and also a mentor to Sergey Brin and Larry Page. Even small business owners continuously remind us of the need for a mentor. We all need a good business mentor as we journey through the tides of entrepreneurship. However, needing a business mentor, …
in Business, Leadership
Basic Business Management Hacks For Low Budget Startup Businesses
Utilizing basic business management hacks is how low budget startups survive the first five years of being in business. It is common knowledge that 20% of small businesses fail in their first year, another 30% in their second year, and 50% after five years in business. Finally, 70% of small businesses fail in their 10th …