As an entrepreneur you will have master many skills, including management, communication and decision making skills. One of the most important aspects that all business owners need to understand is marketing. This will be how you sell your business to its customers and therefore will represent how you will create profits for your business. There…
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…
Passion represents one of the most important aspects of becoming a successful entrepreneur. Without passion your business will turn out to be just another job. #1- Always choose something you are passionate about! Without passion, and a lot of it, your business dreams will become lost in the day to day grind of running a…
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…
IFE OGUNFUWA writes on ways to develop products or services to sell fast Small businesses and large organisations are recording dwindling sales as a result of consumers’ low purchasing power. As such, there is a need for business organisations to revisit their overall marketing strategies. Experts say that an improved marketing strategy should not only…
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…
Leaders are dealers in hope. They are not hope-dealers because they are more optimistic than the rest of the team but because they are less afraid – not unafraid – to follow their instincts. They smell out water and follow the chase, some have died before they found water but the ones we celebrate today…
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:…