A positive attitude and a lot of passion are absolutely necessary to running a successful business over the long term. Your passion and dream will be your motivation during this process. However, the daily ups and downs of running a business, along with the occasional misstep, will often diminish your motivation. This can have severe consequences. Without proper and long…
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…
You’ve heard of euphoria, right? It’s derived from eustress, the positive stress that motivates, focuses energy and excites. Most people probably don’t realize that there are two kinds of stress — eustress and distress. Unlike eustress, distress is negative stress and, in the short term, distress stimulates the body’s fight or flight response, activating the sympathetic nervous…
A recent survey found that more than 70% of people want to be some sort of entrepreneur. Becoming an entrepreneur is a sought after job for many reasons, including pride, purpose and possibly money. Starting and running your own business on a day to day basis is no easy task, but it is one that…
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…
If you have not been saving regularly and prudent with your spending before now, your bank account may suffer a serious drain during economic recession. To increase your wealth and reduce the effect of depression on your finances, adjust your personal banking habit by following these rules. Use less of credit card: Stay away from…
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…
As an entrepreneur, staying organized can be very demanding. However, technology-propelled innovation has changed work propensities, daily administration objectives and the way tasks are being accomplished. Efficiency is important for any entrepreneur that is continually juggling different tasks as the quicker you can access information and execute, the faster your organization will be built. Mint:…
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…