Avoiding The Common Pitfalls of Entrepreneurship

There has never been a better time to become an entrepreneur.

Technology, especially the Internet, has given birth to countless new industries.

Consumers and businesses have more needs and demands than ever before. They need entrepreneurs to fill the voids by solving problems with new and innovative solutions.  Continue reading Avoiding The Common Pitfalls of Entrepreneurship

You’re Too Savvy to Make These 5 Rookie Entrepreneur Mistakes – or Are You?

Plenty of entrepreneurs make the following business-sinking blunders. Learn from their lapses and elevate your company from just paying the bills to booming.

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Measuring the Success of Your Small Business

All small business owners desire to be successful. Smart business planning is essential to reaching your goals by enabling you to observe your business’s growth in measurable terms. And contrary to what many business owners think, profitability is not the only factor that makes you successful. Here are a few questions to ask when formulating business goals.

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Entrepreneurs: Increase Your Chances of Success by Defining Your Idea Type

Every business starts with a great idea, but not all ideas are born equal. By understanding your idea, you have more chance of profiting from it. There two main types of business idea: Some are truly original, and lead to completely new business models, or game-changing products. Others are merely an improvement on an existing idea. Both types can lead to highly profitable businesses!

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Building Your Own Business: Mumpreneurs

There was a time when becoming pregnant signalled the end of a woman’s career. Now it seems that maternity leave has become the springboard for many mums to setup in business for themselves. From selling items via online auction sites to building multi-million dollar brands, mothers are using their skills, knowledge and savvy in enterprising and creative ways. This growing trend has led to a new term being developed to describe these dynamic women: Mumpreneur. However, combining the role of mum and entrepreneur can mean working long hours to build a business and run a household. So what is it about working for themselves that appeals to mothers?

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When Entrepreneurs Lose Their Sizzle

Are you an entrepreneur with your finger in too many different pots? Are you having trouble sustaining interest in the business you’ve started? Are you feeling restless and ready for a change?

The same restlessness that caused you to become your own boss in the first place can easily come upon you again. Just because you’re an entrepreneur doesn’t mean the craving for something new and different ceases. Three to four years is a normal amount of time for anyone to reposition himself in a career, self-employed or not. Perhaps you’ve reached that stage too.

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