Starting your own business can be one of the most fulfilling adventures in life. Not only is it an opportunity to pursue whatever you’re passionate about, but you can create your own work schedule, gain unique experience, and if all goes well, earn yourself a small fortune. Unfortunately, the hard truth for the vast majority […]
Creating a Plan
Should You Start a Business? Test Your Idea First
As I write this, during the worst pandemic in 100 years, in the grips of a severe economic slowdown — let’s all hope it’s just recession, not depression — people still want to start new businesses. We still come up with new business ideas. Some ideas come from the new problems we are experiencing, some are long-standing good […]
Business Planning 101: The Essentials
If you have recently launched your first venture or you are in the process of getting ready to launch, the chances are that you are well in the throes of business planning. Many people choose to print a generic business plan template off the Internet only to fill it in and file it away in […]
10 Small Business Ideas that Require Zero Capital
Thanks to the digital revolution, it’s now easier for anyone to start a business. There’s nothing more fulfilling than becoming your own boss and changing the world through entrepreneurship. Since no one is born an entrepreneur, you, too, can become one. According to Microsoft Inc, many studies have shown that the minimum starting capital for […]
3 Important Questions You Must Ask To Build A Strong Startup
Building a company from the ground up, no matter how small it is, is a difficult process that can trip up even the most experienced entrepreneurs. Startups are well-known for their unique ability to suck your energy and resources and then leave you with feeble results in the end. That’s one side of the coin. […]
Thinking About Starting Your Own Liquidation Business? Read This First
Whether you’re interested in earning a lucrative income or working as your own boss, starting your own liquidation business can help you make your entrepreneurial dreams come true. Liquidation, which involves buying products at low discounted prices and selling them at high profit margins, is ideal for first-time business owners looking for a low-risk, high-return […]
Yes, You Can Start an Airbnb Business With Zero Budget
Airbnb offers ways to create an extra income from its platform, either by running a vacation rental property or servicing the needs of short-term rental owners. Aside from the current, temporary tourism slowdown due to the COVID-19 outbreak, demand for short-rental property is on the rise with over $115 billion industry value according to researches. […]
5 Reasons You Should Start a Business During COVID-19 While You’re a Student
With everything that is happening around the world, it may seem to think that the business world is coming to an end. Why would you start a business when everyone else around you is failing? But that’s not entirely true. With everyone under quarantine and stuck at home, it opens doors to industries to bloom […]
How to Turn a Passion into a Business During Hard Times
How do you get from being passionate about a hobby to making a successful business of it? Whether you’re enthusiastic about yoga or photography, love fixing bicycles or computers, wouldn’t it be amazing if you could give up the humdrum day job and be your own boss, doing something you really love? Of course, with […]
10 Timeless First Principles Of A Prosperous Business
In this world of constant change, new technologies, and a thousand cultures, it’s evident and somehow comforting to me that the basic rules for business prosperity really haven’t changed in the last hundred years. Business success is still more about the people than the technology or idea involved. As an angel investor and a mentor […]