Venturing into business brings a lot of learning experiences, and mistakes are part of them. “Making mistakes is part of the process of building a company; quickly recovering from them is what’s most important. It’s all part of the adventure of entrepreneurship, which will require all of your stamina, drive and determination,” says Richard Branson. [...]
Employee background checks are becoming more common these days than they were in the past decades. As an employer, you should know who you are hiring. Security and safety should not be compromised. Know what the legal implications beyond safeguarding your company’s reputation. “There is no law that requires a company to conduct pre-employment investigations. [...]
Nowadays there is a tough competition with online businesses. Online products or services are like mushroom popping. They are practically everywhere. In every search engine, there is always an offer of a product or service. If you are in this kind of business, make sure you are innovative and ready to make changes to attract [...]
How can “counterintuitiveness” help you grow your business? I came across Katherine Kaputa’s “5 Counterintuitive Habits of Successful Entrepreneurs”, which I thought runs contrary to a previous article that I wrote about listening to your intuition. (Read full story here.) I later realized that her intriguing points were not necessarily contrary to mine. In fact, [...]
Communicating effectively with your target audience is very critical to your business. You may have developed the best product, or assembled the best team, but if you have not been effective at sending your message to your target market, your business is unlikely to succeed. Kristina Vasilakis, a Business Communications Instructor at Indiana University Northwest [...]
Did you know that apart from giant companies, majority of American consumers want to patronize veteran-owned business more that any other businesses? According to the National Veteran-Owned Business Association (NaVOBA): “Nearly 15 percent of FORTUNE® 1000 companies set goals to include veteran-owned businesses in their supply chains as part of their supplier diversity programs. Recent [...]
The most successful entrepreneurs in history would never have reached monumental achievements have it not for their great employees. No matter what combination of entrepreneurial traits defines a great founder, transforming a small company into a giant is almost impossible without a pool of indispensable team members. This is why finding the cream of the [...]
The start-up phase can be the hardest part of opening a business. The hard truth is that without enough financial resources and technical know-how, your business idea won’t make it to the market. On top of that, small businesses face the challenges of acquiring loans for business financing. Friends and families may help you; however, [...]
A good startup team increases your chances of making a scalable business. Getting the right people aboard can be tough, especially if you are a newbie. I previously wrote about the anatomy of a good startup team, enumerating the people behind a successful startup team. As a supplement, this article provides tips to build a [...]
Are you having trouble with your staff whose first activity of the day is checking out his Facebook? Is his frequent Twittering giving you a headache that you have set a date to fire him out? Well, turn your adversity to prosperity – that’s what they say. Social media addicts can be your company treasures [...]
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