Mentorship is a significant factor in one’s entrepreneurial development. Having a guide along the challenging path of the entrepreneurial journey helps accelerate one’s growth, progress and momentum. The good thing about mentorship is that it can be done over a specific period or can be repeated at certain points of the journey or can be done continuously, depending on one’s need.
On trends and predictions: how it will help chart your business growth
Setting targets and goals is an important part of keeping a business running. It provides the team with the direction of where the company is heading and allows them to come up with strategies based on the objective set. Looking ahead may include forecasting, which helps gauge if the target is attainable and feasible within the given timeframe and resources on hand.
Entrepreneurs prepare for the future by looking at trends and coming up with a prognosis of what is to happen. EO Members share how they keep themselves updated on the latest trend in their industry.
Entrepreneurs' biggest lesson learned in 2020
The year 2020 may be one of the most challenging times that everyone, including entrepreneurs, has experienced. Despite the hardships we experienced due to COVID-19 that has disrupted many lives, the hurdles and struggles have also brought us a lot of lessons and learnings, especially to business owners who have to survive for their teams, families, customers and other stakeholders.
EO Members share the biggest lesson they learned from the previous year, with the hope of taking their learnings with them as they move forward in their entrepreneurial journey.
We asked the question: As an entrepreneur, how do you practice diversity and inclusion in the workplace?
Having a diverse workforce and ensuring the inclusion of everyone within an organisation – regardless of race, gender or beliefs – help grow a company’s corporate culture, enhance one’s competitive edge and contribute to its bottom line. If you want to learn how to uphold diversity and inclusion in the workplace, read the stories and tips from Anou Khanijou, Director of IFOTA Group and Managing Director of anouconcept; Anthony Holdstock, Partner at Sharp & Carter; Nyree Hibberd, CEO of Koh Living; and Costa Vasili, CEO and Founder of EthnoLink.
The language of entrepreneurship for Costa Vasili
EthnoLink’s founder and CEO Costa Vasili is a son of migrant parents. His father, who was born in Cyprus, moved to Australia at 13 years of age. It is where he met Costa's mother, who is also of Cypriot descent, and where Costa was born. To ensure that Costa had the best chance of success in Australia, his parents spoke to him and his brother mostly in English rather than in Greek. While this decision had a positive impact on Costa's English language skills, it impacted Costa's ability to speak Greek.