How well you are able to manage other people will determine whether or not your business is successful. This includes finding the right place for yourself in the company’s actions and for hiring employees. Choosing employees who are capable, competent, compatible, committed and who fit into your company’s culture will ensure that the day to day aspects of your company…
Once you have determined that you have the necessary traits, skills and passion to become an entrepreneur, the next step will be to start up your dream business. #2 Getting Started Getting started with your dream business may be the easiest part of the process or it may be the hardest. It really depends on…
The Managing Director and Chief Executive Officer, Sovereign Trust Insurance Plc, Mr. Olaotan Soyinka, has urged young Nigerian entrepreneurs to embrace the culture of insurance during the current economic recession. He gave the advice at the sixth International Christian Business Exhibition and Conference held in Port Harcourt, Rivers State. According to a statement, Marketplace Apostles…
Tell me what you read and I’ll tell you who you are’ is true enough, but I’d know you better if you told me what you reread Entrepreneurs, whether they’re simply beginning their businesses or hoping to grow an existing brand need incredible business books that can have a big effect on the way they…
A savings account is one of the simplest types of bank accounts available to consumers, letting you to store cash securely and earn interest on the money. According to https://www.nerdwallet.com, banks and credit unions offer three kinds of savings vehicles, each with varying requirements and levels of return. Knowing the differences — what’s good about…
The aim of investing in any kind of business is to make profit and anything contrary to that is unacceptable to entrepreneurs. One way to ensure that a business keeps growing is investing wisely and according to experts, this involves certain characteristics that an investor needs to have in order to build wealth. Business analysts…
Young people need to cultivate pro-success habits as they use social media to increase their entrepreneurial potentials as well as grow their small businesses online. The availability of the Internet and increased use of smart phones have heightened the magic and allure of social media. If not managed, it can become a tool of entrapment…
If you are a small or medium business owner, establishing a relationship with a bank by opening an account can help boost your personal business. Banks are the major lending institutions to individuals and organisations in the society. However, to access loans from banks, the borrower needs to understand what they require in order to…
Imagine walking into your local supermarket to discover the aisles blocked with abandoned trolleys and the checkouts hidden behind piles of dumped shopping baskets. It never happens. Customers would find somewhere else to shop and the store manager would soon be out of job. The worst scenario is that the store could shut down. But…
Entrepreneurial success rarely comes from the idea. Instead, it comes from the founding team’s never-say-die attitude and relentless execution. And a startup can only be as successful as its founding team. When there’s rapid scaling up in size and limited resources, the composition of a founding team is especially critical for what I’ve identified as…